Annual report pursuant to Section 13 and 15(d)

Condensed Consolidated Statements of Cash Flows

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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
 12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Operating activities:      
Net income $ 47,199 $ 32,036 $ 9,802
Adjustments to reconcile net income to net cash provided by operating activities      
Depreciation and amortization 20,993 20,450 19,722
Impairment of goodwill and other intangible assets 0 0 7,157
Share-based compensation 5,971 6,284 6,754
Gain on disposal of property and equipment (82) (570) (6)
Provision for recovery on receivables (217) (52) (60)
Provision for revenue adjustments 1,951 1,589 2,390
Deferred income taxes 5,350 1,436 (4,581)
Increase (decrease) in deferred income taxes 5,148 1,436 (4,581)
Tax (benefit) expense for stock options exercised (747) (194) 370
Changes in operating assets and liabilities      
Accounts receivable (9,893) (8,580) (844)
Prepaid expenses and other current assets (1,757) (40) 548
Accounts payable and accrued expenses 3,825 3,022 3,831
Income taxes 4,568 (1,386) 5,096
Net cash provided by operating activities 76,959 53,995 50,179
Investing activities:      
Proceeds from disposal of property and equipment 1,267 1,482 270
Purchases of property and equipment (21,216) (15,148) (20,847)
Other 278 (224) 372
Net cash used in investing activities (19,671) (13,890) (20,205)
Financing activities:      
Payments of debt and capital lease obligations (637) (895) (1,549)
Payments on lines of credit (50,000) 0 0
Proceeds from exercise of stock options 10,946 991 8
Payments of cash dividends (8,194) (8,121) (8,109)
Repurchase of common stock (repurchase program) (26,101) 0 0
Common stock issued under employee stock purchase plan 248 195 237
Cash settlement of share-based awards for minimum tax withholdings 0 0 (249)
Tax benefit (expense) for stock options exercised 747 194 (370)
Net cash used in financing activities (72,991) (7,636) (10,032)
Net (decrease) increase in cash (15,703) 32,469 19,942
Cash at beginning of period 74,504 42,035 22,093
Cash at end of period 58,801 74,504 42,035
Non-cash activity:      
Unpaid capital expenditures included in accounts payable $ 0 $ 0 $ 234