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
 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Operating activities:    
Net income $ 44,123 $ 38,882
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 22,879 17,377
Share-based compensation 5,005 4,619
Gain on disposal of property and equipment (441) (468)
Provision for (recovery) loss on receivables (39) 234
Provision for revenue adjustments 1,896 1,705
Deferred income tax 1,729 4,658
Excess tax benefit for stock options exercised (554) (3,207)
Changes in operating assets and liabilities    
Accounts receivable (15,875) (4,262)
Prepaid expenses and other current assets (1,397) (1,575)
Accounts payable and accrued expenses 7,767 2,524
Net cash provided by operating activities 65,093 60,487
Investing activities:    
Proceeds from disposal of property and equipment 1,582 1,665
Purchases of property and equipment (37,101) (33,266)
Acquisition of businesses, net of cash acquired (84,348) (45,328)
Other 53 (111)
Net cash used in investing activities (119,814) (77,040)
Financing activities:    
Payments of debt and capital lease obligations (9,662) (20,351)
Proceeds from exercise of stock options 13,083 29,866
Payments of cash dividends (11,141) (9,071)
Repurchase of common stock (repurchase program) (39,972) 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 554 3,207
Net cash (used in) provided by financing activities (48,073) 2,922
Net decrease in cash (102,794) (13,631)
Cash at beginning of period 127,367 112,182
Cash at end of period $ 24,573 $ 98,551