Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows

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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Cash flows from operating activities:    
Net income (loss) $ 5,628 $ (652)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 15,218 15,737
Deferred tax expenses (benefit) 3,046 (856)
Stock-based compensation 13,306 8,304
Loss on disposal of assets 273 379
Acquisition-related contingent consideration 1,445 182
Changes in assets and liabilities, net of assets acquired and liabilities assumed in business combinations:    
Accounts receivable (6,506) 161
Customer deposits   44
Other current assets (1,230) 30
Other assets (274) (775)
Accounts payable 2,992 (387)
Accrued compensation, taxes and benefits (1,377) 1,461
Deferred revenue 810 471
Other current and long-term liabilities 1,252 8,107
Net cash provided by operating activities 34,583 32,206
Cash flows from investing activities:    
Purchases of property, equipment and software (13,393) (9,905)
Acquisition of businesses, net of cash acquired (10,196) (4,479)
Intangible asset additions (600) (225)
Net cash used in investing activities (24,189) (14,609)
Cash flows from financing activities:    
Payments on revolving credit facility (10,000) (15,312)
Payments on capital lease obligations (273) (65)
Payments of deferred acquisition-related consideration (486) (9,030)
Issuance of common stock 2,993 3,003
Purchase of treasury stock (2,065) (1,624)
Net cash used in financing activities (9,831) (23,028)
Net increase (decrease) in cash and cash equivalents 563 (5,431)
Effect of exchange rate on cash (48) (5)
Cash and cash equivalents:    
Beginning of period 33,804 51,273
End of period 34,319 45,837
Supplemental cash flow information:    
Cash paid for interest 369 953
Cash paid for income taxes, net of refunds 365 257
Fixed assets acquired under capital lease $ 1,976