v3.4.0.3
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands |
12 Months Ended |
|
|
|
Cash flows from operating activities: |
|
|
|
Net earnings (loss) |
$ 6,703
|
$ (11,031)
|
$ 8,803
|
Earnings from discontinued operations, net of tax |
(15,351)
|
(15,511)
|
(26,143)
|
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities: |
|
|
|
Depreciation and amortization |
85,463
|
80,447
|
56,900
|
Loss (gain) on disposal of assets |
232
|
1,700
|
(2,591)
|
Loss on early extinguishment of debt |
|
|
664
|
Impairment of goodwill and other assets |
6,829
|
|
24,953
|
Deferred income taxes |
(11,664)
|
(4,965)
|
10,935
|
Non-cash stock-based compensation expense |
31,463
|
28,316
|
13,206
|
Changes in operating assets and liabilities: |
|
|
|
Accounts receivable, net |
(13,014)
|
3,744
|
(2,797)
|
Other assets |
(13,632)
|
12,867
|
(9,054)
|
Accounts payable and other liabilities |
25,529
|
(28,129)
|
14,369
|
Deferred revenue |
11,084
|
(6,307)
|
6,541
|
Net cash provided by operating activities |
113,642
|
61,131
|
95,786
|
Cash flows from investing activities: |
|
|
|
Capitalized software development costs |
(14,880)
|
(18,587)
|
(24,517)
|
Capital expenditures |
(47,423)
|
(56,952)
|
(25,951)
|
Receipts from investments |
|
|
3,823
|
Data acquisition costs |
(1,553)
|
(1,871)
|
(7,745)
|
Net cash paid in acquisitions |
(5,386)
|
(265,672)
|
(500)
|
Net cash used in investing activities |
(69,242)
|
(343,082)
|
(54,890)
|
Cash flows from financing activities: |
|
|
|
Proceeds from debt |
|
|
300,000
|
Payments of debt |
(87,231)
|
(26,601)
|
(231,151)
|
Fees for debt refinancing |
|
|
(4,370)
|
Acquisition of noncontrolling interest |
|
|
(600)
|
Acquisition of treasury stock |
(52,764)
|
(9,868)
|
(52,663)
|
Sale of common stock, net of stock acquired for withholding taxes |
10,417
|
5,039
|
80,490
|
Excess tax benefits from stock-based compensation |
3,551
|
4,645
|
11,295
|
Net cash provided by (used in) financing activities |
(126,027)
|
(26,785)
|
103,001
|
Net cash provided by (used in) continuing operations |
(81,627)
|
(308,736)
|
143,897
|
Cash flows from discontinued operations: |
|
|
|
Net cash provided by operating activities |
6,323
|
43,853
|
69,190
|
Net cash provided by (used in) investing activities |
124,506
|
(9,254)
|
(13,347)
|
Net cash used in financing activities |
(206)
|
(1,820)
|
(4,744)
|
Net cash provided by discontinued operations |
130,623
|
32,779
|
51,099
|
Net cash provided by (used in) continuing and discontinued operations |
48,996
|
(275,957)
|
194,996
|
Effect of exchange rate changes on cash |
(377)
|
(1,619)
|
616
|
Net change in cash and cash equivalents |
48,619
|
(277,576)
|
195,612
|
Cash and cash equivalents at beginning of period |
141,010
|
418,586
|
222,974
|
Cash and cash equivalents at end of period |
189,629
|
141,010
|
418,586
|
Cash paid (received) during the period for: |
|
|
|
Interest |
8,145
|
8,673
|
11,762
|
Income taxes |
6,100
|
(3,845)
|
21,702
|
Payments on capital leases and installment payment arrangements |
269
|
3,823
|
8,379
|
Prepayment of debt |
55,000
|
|
215,000
|
Other debt payments |
$ 32,168
|
$ 24,598
|
$ 12,516
|
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