Cash flows from operating activities: | |
Net income | 42.19M |
Adjustments to reconcile net income to net cash provided by operating activities: | |
Amortization of acquisition-related intangible assets | |
Depreciation & amortization | |
Stock-based compensation expense | 4.4M |
Deferred income taxes | |
(Gain) loss on disposal of property and equipment | |
Changes in operating assets and liabilities: | |
(Increase) in trade accounts receivable, net | -1.66M |
(Increase) in prepaid expenses & other current assets | 453K |
(Increase) decrease in other assets | -31K |
(Decrease) in accounts payable | 10.19M |
Increase (decrease) in accrued expenses | -2.47M |
Increase (decrease) in other current liabilities | 155K |
Increase in other long-term liabilities | 1.56M |
Net cash provided by operating activities | |
Cash flows from investing activities: | |
Purchases of property and equipment | -3.93M |
Capitalized internal use software development costs | -1.76M |
Net cash used in investing activities | |
Cash flows from financing activities: | |
Cash dividends on common stock | |
Proceeds from employee common stock purchases | 1.11M |
Proceeds from exercise of employee stock options | |
Tax deductions related to stock-based compensation | 435K |
Net cash provided by (used in) financing activities | |
Net increase (decrease) in cash and cash equivalents | |
Cash and cash equivalents, beginning of period | |
Cash and cash equivalents, end of period | |
Other cash flow information: | |
Income taxes paid | 17.27M |