Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (Unaudited)

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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Operating activities:    
Net income $ 27,379 $ 24,685
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 14,764 11,157
Share-based compensation 3,329 3,094
Gain on disposal of property and equipment (112) (283)
Provision for (recovery) loss on receivables (85) 290
Provision for revenue adjustments 1,250 1,126
Deferred income tax 1,573 2,936
Excess tax benefit for stock options exercised (907) (2,870)
Changes in operating assets and liabilities    
Accounts receivable (12,727) 3,196
Prepaid expenses and other current assets (2,429) (2,090)
Accounts payable and accrued expenses 7,180 (3,991)
Net cash provided by operating activities 39,215 37,250
Investing activities:    
Proceeds from disposal of property and equipment 462 1,048
Purchases of property and equipment (33,420) (27,994)
Acquisition of businesses, net of cash acquired (82,998) (45,328)
Other (193) (60)
Net cash used in investing activities (116,149) (72,334)
Financing activities:    
Payments of debt and capital lease obligations (9,578) (20,303)
Proceeds from exercise of stock options 11,580 28,179
Payments of cash dividends (7,479) (6,014)
Repurchase of common stock (repurchase program) (19,985) 0
Common stock issued under employee stock purchase plan 148 137
Cash settlement of share-based awards for minimum tax withholdings (1,083) (866)
Excess tax benefit for stock options exercised 907 2,870
Net cash (used in) provided by financing activities (25,490) 4,003
Net decrease in cash (102,424) (31,081)
Cash at beginning of period 127,367 112,182
Cash at end of period $ 24,943 $ 81,101