Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (Unaudited)

v2.4.0.6
Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash flows from operating activities:    
Net income (loss) $ 1,461 $ (1,472)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 23,682 21,458
Deferred tax benefit (74) (1,430)
Stock-based compensation 14,317 16,230
Loss on disposal of assets 387 398
Acquisition-related contingent consideration (422) 102
Changes in assets and liabilities, net of assets acquired and liabilities assumed in business combinations:    
Accounts receivable (1,023) (3,900)
Customer deposits (45) 37
Other current assets 3,215 (2,778)
Other assets (693) (587)
Accounts payable (2,255) 1,473
Accrued compensation, taxes and benefits 1,666 (1,161)
Deferred revenue 197 1,906
Other current and long-term liabilities 742 (577)
Net cash provided by operating activities 41,155 29,699
Cash flows from investing activities:    
Purchases of property, equipment and software (18,601) (10,782)
Acquisition of businesses, net of cash acquired (19,491) (87,817)
Acquisition of intangible assets (225)  
Net cash used in investing activities (38,317) (98,599)
Cash flows from financing activities:    
Stock issuance costs from public offerings   (775)
Payments on revolving credit facility (25,312)  
Payments on notes payable   (8,086)
Payments on capital lease obligations (65) (438)
Issuance of common stock 9,874 8,499
Purchase of treasury stock (2,388) (783)
Net cash used in financing activities (17,891) (1,583)
Net decrease in cash and cash equivalents (15,053) (70,483)
Effect of exchange rate on cash    (36)
Cash and cash equivalents:    
Beginning of period 51,273 118,010
End of period 36,220 47,491
Supplemental cash flow information:    
Cash paid for interest 1,317 1,957
Cash paid for income taxes, net of refunds $ 264 $ 797