XML 73 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
 12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Cash flows from operating activities      
Net income $ 71,471 $ 73,923 $ 78,275
Adjustment to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 46,064 41,166 44,889
Amortization of contract acquisition costs 1,160 1,017 1,680
Amortization of debt issuance costs 659 808 589
Imputed interest expense and fair value adjustments to cintingent consideration 3,301 904 544
Provision for doubtful accounts 695 368 363
Loss (gain) on disposal of assets 0 305 (415)
Impairment losses 1,205 2,958 230
Deferred income taxes 6,892 2,354 1,658
Excess tax benefit from equity-based awards (1,343) (462) (6,491)
Equity-based compensation expense 13,234 13,376 15,856
Loss on foreign currency derivatives 234 414 1,073
Loss on deconsolidation of subsidiary, net of cash of $897, zero and zero, respectively 2,758 0 0
Changes in assets and liabilities, net of acquisitions:      
Accounts receivable 7,291 400 (5,789)
Prepaids and other assets (5,374) (25,664) 3,578
Accounts payable and accrued expenses (2,549) (16,301) (16,502)
Deferred revenue and other liabilities (7,718) 11,354 (5,739)
Net cash provided by operating activities 137,979 106,920 113,799
Cash flows from investing activities      
Proceeds from grant for property, plant and equipment 0 110 357
Proceeds from sale of long-lived assets 0 450 2,034
Purchases of property, plant and equipment, net of acquisitions (50,364) (40,653) (38,667)
Payment of contract acquisition costs 0 0 1,758
Deposit on pending acquisition 0 0 (3,026)
Acquisitions, net of cash acquired of $6,423, $3,744 and $14, respectively (9,166) (40,839) (45,871)
Net cash used in investing activities (59,530) (80,932) (86,931)
Cash flows from financing activities      
Proceeds from line of credit 1,533,550 1,179,850 678,200
Payments on line of credit (1,541,550) (1,135,850) (614,200)
Proceeds from other debt 3,709 8,014 0
Payments on other debt (5,789) (4,900) (2,099)
Dividends paid to noncontrolling interest (4,455) (2,205) (3,548)
Proceeds from exercise of stock options 862 1,374 14,762
Excess tax benefit from equity-based awards 1,343 462 6,491
Purchase of treasury stock (56,532) (81,243) (63,693)
Payments of debt issuance costs (1,800) (467) (22)
Net cash (used in) provided by financing activities (70,662) (34,965) 15,891
Effect of exchange rate changes on cash and cash equivalents (14,255) 17,091 (5,773)
(Decrease) increase in cash and cash equivalents (6,468) 8,114 36,986
Cash and cash equivalents, beginning of period 164,485 156,371 119,385
Cash and cash equivalents, end of period 158,017 164,485 156,371
Supplemental disclosures      
Cash paid for interest 4,220 4,412 4,013
Cash paid for income taxes 16,757 16,388 24,336
Non-cash investing and financing activities      
Purchases of equipment through financing arrangements 0 6,100 0
Acquisition of equipment through increse in accounts payable 2,762 0 0
Landlord incentives credited to deferred rent 1,016 1,723 0
Contract acquisition costs credited to accounts receivable 1,000 0 0
Grant income credited to property, plant and equipment 0 0 110
Recognition of asset retirement obligations $ 0 $ 0 $ 278