7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 2014-12-31 2014-09-30 2014-06-30 2014-03-31 2013-12-31 2013-09-30 2013-06-30 2013-03-31 2012-12-31 2012-09-30 2012-06-30 2012-03-31 2011-12-31 2011-09-30 2011-06-30 2011-03-31 2010-11-30 2010-08-31 2010-05-31 2010-02-28 2009-11-30 2009-08-31 2009-05-31 2009-02-28 2008-11-30 2008-08-31 2008-05-31 2008-02-29 
      
    		                                                                       
      cash flows from operating activities
    		                                                                       
      net income
    		325,386,000 303,650,000 288,600,000 305,515,000 280,901,000 266,758,000 255,954,000 403,380,000 259,659,000 246,825,000 238,728,000 214,971,000 216,592,000 210,587,000 228,423,000 193,865,000 169,876,000 165,423,000 196,819,000 156,216,000 182,358,000 115,123,000 148,125,000 122,783,000 136,983,000 125,690,000 178,192,000 152,132,000 123,832,000 116,829,000 115,092,000 64,602,000 85,153,000 81,266,000 72,951,000 68,250,000 65,281,000 66,957,000 60,367,000 59,406,000 64,398,000 56,017,000 43,827,000 44,340,000 51,714,000 107,660,000 80,399,000 47,257,000 55,310,000 61,053,000 58,937,000 54,452,000 48,274,000 37,546,000 43,966,000 44,486,000 49,787,000 45,660,000 33,521,000 30,266,000 10,319,000 24,067,000 27,518,000 24,535,000 20,924,000 19,618,000 16,724,000 12,825,000 18,878,000 18,631,000 17,934,000 
      adjustments to reconcile net income to net cash from operating activities:
    		                                                                       
      amortization of intangible assets
    		40,937,000 43,760,000 43,872,000 42,721,000 41,939,000 40,773,000 38,604,000 36,886,000 26,722,000 26,154,000 24,667,000 23,805,000 23,375,000 22,179,000 21,720,000 21,023,000 14,105,000 30,396,000 15,068,000 14,770,000 14,333,000 14,062,000 13,776,000 13,243,000 12,361,000 12,013,000 11,793,000 11,633,000 11,681,000 19,537,000 11,338,000 11,560,000 10,614,000 11,122,000 11,251,000 11,498,000 11,752,000 11,943,000 11,840,000 11,803,000 11,710,000 11,695,000 11,702,000 11,591,000 11,574,000 11,442,000 14,010,000 14,760,000 14,448,000 14,509,000 14,486,000 15,421,000 15,959,000 15,959,000 15,959,000 16,268,000 16,422,000 16,423,000 16,692,000 16,694,000 16,350,000 4,277,000 4,278,000 6,268,000 6,429,000 6,428,000 6,429,000 7,125,000 7,125,000 7,125,000 7,125,000 
      stock-based compensation expense
    		22,587,000 23,181,000 40,004,000 22,969,000 18,503,000 19,396,000 34,336,000 16,278,000 18,144,000 16,143,000 21,088,000 11,662,000 12,013,000 11,562,000 22,857,000 11,699,000 12,362,000 11,946,000 18,910,000 10,713,000 11,116,000 14,102,000 15,163,000 10,714,000 10,517,000 10,427,000 9,541,000 10,955,000 9,870,000 9,019,000 9,053,000 8,908,000 8,931,000 9,343,000 9,394,000 8,410,000 8,318,000 8,193,000 7,080,000 8,006,000 6,013,000 7,189,000 7,350,000 6,469,000 7,659,000 7,286,000 5,171,000 5,854,000                        
      depreciation and amortization of property, equipment and leasehold improvements
    		5,803,000 5,385,000 4,746,000 4,339,000 4,332,000 4,226,000 4,081,000 5,098,000 5,252,000 5,199,000 5,460,000 6,467,000 7,127,000 6,765,000 6,534,000 7,929,000 6,809,000 7,020,000 7,143,000 7,281,000 7,494,000 7,463,000 7,567,000 7,535,000 7,209,000 7,405,000 7,850,000 8,311,000 7,453,000 7,377,000 8,205,000 8,118,000 9,325,000 9,159,000 8,838,000 9,447,000 8,312,000 8,393,000 8,168,000  8,049,000 8,065,000 7,207,000  6,342,000 5,921,000 6,047,000  5,934,000    4,633,000 4,662,000 4,416,000                 
      amortization of right of use assets
    		6,354,000 6,183,000 5,931,000 5,678,000 7,745,000 6,024,000 5,813,000 6,297,000 5,898,000 5,804,000 5,782,000 5,969,000 6,064,000 6,199,000 6,292,000 6,377,000 6,126,000 6,001,000 6,128,000 5,988,000 6,044,000 6,028,000 5,989,000    5,583,000                                             
      amortization of debt origination fees
    		1,559,000 1,287,000 1,288,000 1,287,000 1,289,000 1,287,000 1,280,000 1,264,000 1,265,000 1,262,000 1,264,000 1,264,000 1,261,000 1,204,000 1,403,000 1,265,000 1,318,000 1,233,000 1,107,000 1,107,000 1,107,000 1,142,000 1,089,000 1,117,000 986,000 984,000 986,000 985,000 986,000 895,000 849,000 849,000 849,000 849,000 849,000 849,000 802,000 708,000 709,000 708,000 534,000 447,000 446,000 6,420,000 440,000 443,000 445,000 1,169,000 705,000 712,000 762,000 966,000 500,000 15,331,000 1,268,000 1,371,000 1,278,000 1,280,000 1,847,000 1,480,000 3,181,000 3,071,000 358,000 358,000 358,000 358,000 358,000     
      loss on extinguishment of debt
    		   0 0 0 1,510,000         0 37,311,000   0 0 34,964,000 9,966,000                                                 
      deferred taxes
    		31,776,000 -1,754,000 3,399,000 -17,757,000 -10,470,000 50,180,000 -7,625,000 15,715,000 -19,207,000 -9,512,000 -2,254,000 -22,888,000 82,150,000 -9,865,000 -12,961,000 -9,529,000 -93,352,000 -9,630,000 1,142,000 -51,023,000 5,222,000 -4,679,000 -5,165,000 -10,923,000 -4,535,000 3,088,000 -8,397,000 8,330,000 -4,830,000 -3,183,000 -1,097,000 -7,450,000 -4,372,000 -5,045,000 -2,035,000 -9,329,000 -2,882,000 -987,000 -3,769,000 -4,193,000 -2,554,000 -6,974,000 3,433,000 -5,956,000 -2,479,000 29,746,000 -26,271,000 -12,941,000 -5,481,000 8,499,000 -5,143,000 -6,494,000 -6,185,000 -11,829,000 -5,687,000 18,575,000 -17,176,000 -7,837,000 12,063,000 -3,935,000 9,444,000 -2,665,000 -1,918,000   -6,736,000 -4,214,000 29,000 -299,000 -3,997,000 -2,911,000 
      other adjustments
    		-2,814,000 12,847,000 7,344,000 -10,619,000 11,000,000 448,000 -3,533,000 5,664,000 -4,779,000 2,072,000 3,906,000 5,015,000 -6,165,000 1,578,000 933,000 -5,852,000 1,670,000 673,000 3,363,000 64,000                                                    
      changes in assets and liabilities:
    		                                                                       
      accounts receivable
    		42,656,000 -36,557,000 73,204,000 -184,007,000 68,969,000 34,155,000 91,109,000 -207,661,000 7,147,000 28,496,000 22,489,000 -133,667,000 56,912,000 -286,000 70,417,000 -168,527,000 205,000 18,489,000 50,630,000 -127,454,000 37,717,000 16,205,000 15,926,000 -88,254,000 26,717,000 -11,191,000 46,805,000 -93,692,000 11,301,000 63,250,000 -134,801,000 -18,425,000 -20,507,000 -26,079,000 -40,582,000 12,527,000 9,360,000 11,283,000 -51,664,000 -418,000 5,699,000 -29,000,000 -7,181,000 11,814,000 20,446,000 -20,202,000 -38,879,000 10,350,000 -18,826,000 6,277,000 -14,213,000                     
      prepaid income taxes
    		-27,231,000 -15,697,000 -4,191,000 28,603,000 21,713,000 -54,469,000 14,874,000 -4,277,000 15,075,000 -36,125,000 3,396,000 46,224,000 -67,222,000 -3,516,000 -7,170,000 11,099,000 41,844,000 -43,991,000 6,312,000 43,531,000 -44,287,000 9,034,000 3,330,000 23,999,000 25,356,000 -8,942,000 -53,613,000 2,160,000 2,221,000 -22,076,000 13,626,000 -7,674,000 8,762,000 -16,595,000 12,438,000 9,330,000 37,195,000 -27,439,000 22,246,000 -10,786,000 20,355,000 -27,074,000 15,533,000 5,554,000 -974,000 -29,963,000 10,385,000 20,994,000 -1,512,000 -29,973,000 18,418,000 7,194,000 -1,693,000 -20,819,000 22,596,000 -15,603,000 16,778,000 -5,061,000 -6,857,000             
      prepaid and other assets
    		-3,155,000 9,169,000 -7,041,000 -3,443,000 -7,855,000 249,000 1,427,000 -123,000 -4,149,000 7,030,000 -1,194,000 -2,103,000 -8,446,000 3,706,000 3,062,000 -2,062,000 -6,775,000 -1,014,000 5,611,000 2,444,000 -6,703,000 3,553,000 296,000 -3,733,000 -7,340,000 2,969,000 406,000 1,741,000 -6,942,000 2,994,000 192,000 2,662,000 -10,050,000 2,289,000 629,000 1,605,000 -3,322,000 2,071,000 270,000 -911,000 -1,937,000 2,148,000 -517,000 -2,514,000 -1,162,000 -5,563,000 -618,000 -1,066,000 -4,591,000 371,000 827,000 -1,831,000 568,000 -1,893,000 1,761,000 1,124,000 -6,100,000 -2,074,000 -1,475,000 1,473,000 5,043,000 -12,213,000 9,005,000 -8,625,000 -645,000 -843,000 6,723,000 -10,841,000 6,034,000 -4,260,000 -193,000 
      other non-current assets
    		-2,146,000 -3,701,000 -9,621,000 981,000 1,382,000 -2,034,000 73,000 -3,265,000 -1,728,000 -776,000 -2,333,000 -1,099,000 38,273,000 -721,000 -5,005,000                                                         
      accounts payable
    		4,952,000 2,035,000 -5,856,000 6,126,000 -3,809,000 601,000 2,045,000 -325,000 2,131,000 -1,523,000 -6,327,000 9,481,000 -3,238,000 -2,846,000 -2,060,000 4,152,000 -1,136,000 2,690,000 -7,901,000 9,364,000 -1,781,000 1,435,000 -1,536,000 4,066,000 -1,069,000 1,380,000 -1,793,000 1,695,000 970,000 -135,000 -230,000 -779,000 2,053,000 -808,000 561,000 -649,000 -473,000 216,000 -1,006,000 714,000 -343,000 1,012,000 -1,681,000 1,155,000 -256,000 880,000 349,000 -128,000 326,000 -164,000 -2,179,000 531,000 1,034,000 484,000 -70,000 -180,000 -195,000 161,000 271,000 716,000 -2,034,000 131,000 -1,466,000 -32,153,000 -4,364,000 37,564,000 -359,000 -1,688,000    
      income taxes payable
    		11,887,000 -12,729,000 32,759,000 2,120,000 11,929,000 -20,020,000 22,154,000 3,296,000 7,878,000 -15,632,000 19,179,000 3,643,000 -34,532,000 -42,664,000 24,257,000 21,922,000 4,282,000 5,990,000 1,709,000 2,969,000 -9,580,000 13,958,000 2,229,000 2,011,000 1,304,000 288,000 -5,843,000 6,672,000 -12,112,000 -451,000 3,001,000    3,755,000                                656,000 -19,997,000 -5,310,000 3,878,000 5,847,000 
      accrued compensation and related benefits
    		49,343,000 49,306,000 -127,136,000 44,906,000 46,404,000 47,463,000 -132,328,000 48,817,000 39,930,000 42,723,000 -108,252,000 35,610,000 39,230,000 37,876,000 -135,148,000 42,925,000 50,587,000 43,530,000 -94,323,000 30,891,000 35,792,000 29,334,000 -98,658,000 39,324,000 33,481,000 33,582,000 -81,170,000 27,338,000 33,287,000 32,424,000 -84,517,000 27,733,000 29,292,000 28,342,000 -76,708,000 24,266,000 28,211,000 22,870,000 -62,258,000 20,256,000 22,542,000 25,640,000 -63,351,000 19,669,000 22,656,000 26,409,000 -68,646,000 23,218,000 26,238,000 19,240,000 -61,639,000 21,849,000 24,085,000 24,462,000 -71,230,000 21,545,000 23,723,000 22,885,000 -61,747,000 22,951,000 19,596,000 12,401,000 -39,374,000   13,661,000 -35,553,000 730,000 15,247,000 12,548,000 -30,708,000 
      other accrued liabilities
    		20,949,000 -2,649,000 9,022,000 -11,075,000 17,502,000 76,000 3,086,000 -11,582,000 12,249,000 -5,436,000 8,305,000 -20,643,000 24,594,000 -8,458,000 15,161,000 -16,450,000 17,560,000 -23,247,000 12,888,000 -8,127,000 18,432,000 -5,068,000 -3,563,000 10,459,000 -5,299,000 5,611,000 -7,107,000 7,939,000 3,414,000 19,259,000 -1,516,000 15,177,000 2,618,000 8,418,000 -10,280,000 7,376,000 4,641,000 9,049,000 -1,325,000 -2,681,000 18,759,000 -10,244,000 11,331,000 1,876,000 -5,238,000 8,310,000 3,480,000 -3,407,000 6,926,000 -6,593,000 2,814,000 -3,702,000 -2,424,000 -3,499,000 1,392,000 -317,000 -4,611,000 493,000 1,035,000 3,348,000 -7,656,000 -4,355,000 2,140,000 813,000 3,073,000 -3,158,000 771,000 7,278,000 -2,839,000 4,741,000 1,049,000 
      deferred revenue
    		-82,550,000 -32,852,000 -46,860,000 192,417,000 -86,229,000 -34,179,000 -25,949,000 215,539,000 -67,014,000 -10,984,000 34,427,000 139,734,000 -64,251,000 -13,663,000 10,932,000 174,795,000 -45,264,000 -9,878,000 -2,790,000 141,516,000 -58,004,000 12,566,000 2,252,000 93,170,000 -48,384,000 3,932,000 -13,352,000 95,347,000 -36,437,000 -22,301,000 148,468,000 -377,000 -24,686,000 20,371,000 43,247,000 -5,528,000 -20,635,000 5,933,000 42,039,000 -9,938,000 -10,004,000 -6,728,000 34,717,000 -8,041,000 -4,180,000 8,317,000 46,167,000 -14,055,000 -15,865,000 -2,086,000 43,405,000 -14,956,000 -11,678,000 4,028,000 40,951,000 -1,787,000 -5,630,000 12,452,000 14,344,000 -12,062,000 -16,792,000 14,826,000 18,008,000 -14,829,000 -10,516,000 -3,585,000 33,548,000 -10,684,000 -10,127,000 1,488,000 42,106,000 
      long-term operating lease liabilities
    		-7,441,000 -7,038,000 -6,723,000 -6,769,000 -6,907,000 -6,721,000 -5,666,000 -8,035,000 -5,631,000 -5,349,000 -5,047,000 -5,975,000 -6,407,000 -7,543,000 -5,542,000 -6,434,000 -4,509,000 -5,237,000 -5,898,000 -5,480,000 -5,402,000 -5,537,000 -6,078,000 -5,470,000 -5,635,000                                               
      other non-current liabilities
    		11,088,000 -7,363,000 -871,000 6,384,000 3,338,000 -4,911,000 -1,108,000 4,657,000 -7,680,000 -4,456,000 941,000 -1,999,000 2,007,000 2,403,000 1,695,000                                                         
      other
    		-499,000 -325,000 -133,000 257,000 -67,000   3,882,000 -31,000 -111,000 -84,000 -44,000 3,732,000 -2,513,000 -1,616,000 -3,009,000 2,872,000 2,871,000 -461,000 1,158,000 4,839,000 -1,314,000 1,725,000 712,000 -426,000 5,579,000 -1,806,000 -18,479,000 -1,020,000 -4,103,000 613,000 37,839,000 3,033,000 3,829,000 2,682,000 733,000 1,803,000 -1,246,000 3,831,000 3,118,000 -2,651,000 1,926,000 3,157,000 1,753,000 119,000 3,562,000 -5,635,000 -3,514,000 -542,000 2,271,000 4,715,000 -4,423,000 4,398,000 9,975,000 875,000 -1,078,000 -1,483,000 611,000 -1,081,000 -1,983,000 4,570,000 -345,000 -2,493,000   -178,000 237,000     
      net cash from operating activities
    		449,441,000 336,138,000 301,737,000 430,633,000 421,609,000 349,248,000 300,137,000 388,953,000 291,131,000 291,804,000 264,141,000 315,427,000 323,069,000 212,689,000 244,184,000 279,664,000 215,891,000 225,057,000 215,457,000 235,928,000 199,795,000 262,616,000 112,770,000 243,643,000 188,535,000 189,470,000 87,875,000 173,175,000 143,825,000 207,165,000 88,597,000 143,153,000 101,773,000 122,217,000 37,015,000 137,708,000 146,923,000 117,077,000 33,030,000 81,322,000 133,963,000 24,026,000 66,683,000 104,054,000 107,567,000 68,803,000 25,249,000 94,410,000 69,361,000 85,629,000 71,047,000 59,412,000 97,597,000 120,559,000 69,507,000 80,067,000 94,684,000 106,124,000 -25,878,000 62,116,000 66,134,000 69,865,000 -14,761,000 10,098,000 51,687,000 46,685,000 22,472,000 43,517,000 30,827,000 59,996,000 20,741,000 
      cash flows from investing activities
    		                                                                       
      capitalized software development costs
    		-22,215,000 -23,115,000 -21,361,000 -21,708,000 -20,975,000 -18,707,000 -19,966,000 -18,014,000 -17,417,000 -17,312,000 -15,351,000 -14,853,000 -14,726,000 -15,615,000 -14,084,000 -10,207,000 -10,141,000 -9,241,000 -9,696,000 -7,218,000 -7,170,000 -7,558,000 -7,203,000 -6,568,000 -6,983,000 -6,113,000 -4,990,000 -5,589,000 -4,517,000 -4,238,000 -4,360,000 -4,863,000 -5,164,000 -3,306,000 -2,307,000 -2,395,000 -2,861,000 -2,763,000 -2,325,000 -2,438,000 -3,275,000 -1,401,000 -1,386,000 -2,153,000 -2,585,000 -1,919,000 -1,559,000 -1,456,000                        
      capital expenditures
    		-3,932,000 -11,448,000 -11,500,000 -14,247,000 -6,626,000 -8,618,000 -4,271,000 -3,815,000 -3,564,000 -9,153,000 -6,225,000 -5,605,000 -3,275,000 -3,483,000 -1,254,000 -6,390,000 -4,646,000 -1,809,000 -664,000 -9,674,000 -4,555,000 -3,984,000 -3,613,000 -11,900,000 -7,782,000 -6,278,000 -3,156,000 -17,188,000 -8,590,000 -2,967,000 -1,512,000 -15,737,000 -6,389,000 -3,729,000 -7,322,000 -8,140,000 -10,867,000 -10,142,000 -3,135,000 -16,127,000 -8,975,000 -10,616,000 -4,934,000 -6,485,000 -17,688,000 -9,985,000 -8,501,000 -19,356,000 -12,408,000 -3,691,000 -4,800,000 -6,775,000 -18,163,000 -15,654,000 -4,292,000 -6,269,000 -10,110,000 -2,897,000 -3,835,000 -6,095,000 -2,399,000 -1,411,000 -3,285,000   -3,486,000 -6,033,000    -961,000 
      free cash flows
    		445,509,000 324,690,000 290,237,000 416,386,000 414,983,000 340,630,000 295,866,000 385,138,000 287,567,000 282,651,000 257,916,000 309,822,000 319,794,000 209,206,000 242,930,000 273,274,000 211,245,000 223,248,000 214,793,000 226,254,000 195,240,000 258,632,000 109,157,000 231,743,000 180,753,000 183,192,000 84,719,000 155,987,000 135,235,000 204,198,000 87,085,000 127,416,000 95,384,000 118,488,000 29,693,000 129,568,000 136,056,000 106,935,000 29,895,000 65,195,000 124,988,000 13,410,000 61,749,000 97,569,000 89,879,000 58,818,000 16,748,000 75,054,000 56,953,000 81,938,000 66,247,000 52,637,000 79,434,000 104,905,000 65,215,000 73,798,000 84,574,000 103,227,000 -29,713,000 56,021,000 63,735,000 68,454,000 -18,046,000   43,199,000 16,439,000    19,780,000 
      cash paid for acquisitions, net of cash acquired
    		    0                                                                   
      net cash from investing activities
    		-26,147,000 -34,563,000 -32,904,000 -36,733,000 -28,064,000 -47,125,000 -32,333,000 -749,967,000 -20,981,000 -26,668,000 -21,762,000 -26,922,000 -18,000,000 -19,103,000 -15,310,000 -49,834,000 -963,558,000 -11,961,000 -10,360,000 -16,892,000 -11,725,000 -11,536,000 -201,638,000 -36,645,000 -14,765,000 -12,391,000 -8,136,000 40,038,000 -13,097,000 13,805,000 -5,872,000 -20,600,000 -11,553,000 -6,264,000 -9,629,000 -10,535,000 -13,071,000 -12,905,000 -5,520,000 -18,329,000 -12,250,000 -11,962,000 -6,320,000 -8,665,000 -35,153,000 350,908,000 -10,053,000 -20,812,000 -14,208,000 -3,791,000 42,932,000 -102,969,000 -25,549,000 92,085,000 -57,928,000 -3,976,000 -41,657,000 -63,853,000 18,875,000 -37,653,000 -1,084,486,000 295,403,000 -65,541,000   -248,220,000 -6,033,000 -6,459,000 190,038,000 -44,075,000 -27,435,000 
      cash flows from financing activities
    		                                                                       
      repurchase of common stock held in treasury
    		-1,225,899,000 -138,491,000 -213,093,000 -374,048,000 -199,509,000 -241,718,000 -69,991,000 -27,000 -18,744,000 -441,457,000 -43,960,000 -70,208,000 -168,785,000 -280,856,000 -877,657,000 -5,314,000 -5,286,000 -620,000 -187,154,000 -164,953,000 -208,999,000 -31,673,000 -372,894,000                                                 
      payment of dividends
    		-137,858,000 -139,744,000 -143,784,000 -125,129,000 -125,757,000 -126,918,000 -131,305,000 -109,353,000 -109,380,000 -110,115,000 -112,145,000 -100,156,000 -100,823,000 -84,167,000 -87,769,000 -85,953,000 -85,939,000 -64,470,000 -66,087,000 -64,601,000 -65,434,000 -57,031,000 -59,378,000 -57,845,000 -57,846,000 -49,336,000 -57,895,000 -50,405,000 -51,734,000 -33,916,000 -34,883,000 -34,411,000 -34,386,000 -25,431,000 -25,489,000 -26,258,000 -26,652,000 -21,392,000 -21,889,000  -24,146,000 -20,437,000 -20,406,000                             
      repayment of borrowings
    		-712,000,000 -149,875,000 -65,000,000 -195,000,000 -25,000,000 0 -339,063,000 -2,187,000 -2,188,000 -2,187,000 -2,188,000 -2,188,000 0 0 -5,000,000 0 -533,565,000   0 0                                                   
      proceeds from borrowings, net of discount
    		                                                                       
      payment of debt issuance costs
    		   0 0 0 -3,739,000                      0                        0                   
      payment of contingent consideration and deferred purchase price from acquisitions
    		0 -11,906,000 -239,000                                                                     
      proceeds from exercise of stock options
    		2,277,000 3,914,000 394,000                     2,184,000 161,000 165,000 726,000 240,000 246,000 17,000 102,000 854,000 508,000 648,000 625,000 819,000 779,000 1,004,000 2,438,000  673,000 1,128,000 632,000  3,603,000 3,696,000 1,710,000  2,428,000 3,116,000 3,764,000  3,206,000 4,212,000 3,343,000  1,144,000 5,805,000 6,810,000  11,952,000    0       
      net cash from financing activities
    		-369,376,000 -321,102,000 -321,722,000 -476,183,000 -350,266,000 -368,636,000 -207,223,000 -111,567,000 -130,312,000 -553,759,000 -158,293,000 -172,553,000 -269,891,000 -16,819,000 -966,117,000 -91,744,000 64,391,000 11,316,000 245,542,000 -229,554,000 -274,433,000 65,030,000 -340,081,000 413,648,000 -58,766,000 -49,914,000 -341,635,000 -707,083,000 -97,758,000 304,416,000 -126,058,000 -33,668,000 -43,251,000 -65,398,000 -125,226,000 -299,996,000 436,430,000 -139,399,000 -362,309,000 -276,084,000 419,451,000 -96,282,000 -27,136,000 -29,951,000 -301,528,000 -1,511,000 -109,338,000 1,006,000 -108,497,000 -7,896,000 -30,461,000 -112,046,000 -8,315,000 -202,099,000 -516,000 -43,639,000 -1,381,000 4,160,000 -137,134,000 2,173,000 1,064,298,000           
      effect of exchange rate changes
    		-1,147,000 6,174,000 4,209,000 -9,345,000 6,299,000 -1,401,000 -2,959,000 5,722,000 -3,615,000 344,000 2,958,000 10,500,000 -10,366,000 -13,782,000 -4,891,000 -1,301,000 -4,062,000 443,000 -4,013,000 8,181,000 4,244,000 2,011,000 -10,762,000 4,771,000 -4,971,000 1,171,000 501,000 -352,000 -2,168,000 -7,618,000 3,659,000 1,602,000 1,465,000 3,054,000 2,978,000 -9,405,000 -834,000 -5,173,000 2,107,000  -2,697,000 1,488,000 -4,275,000  -5,932,000 181,000 566,000  2,393,000 -2,270,000 -3,798,000  3,418,000 -3,260,000 2,748,000  -5,966,000 1,824,000 2,354,000  -359,000 1,444,000 -1,873,000   3,450,000 -1,962,000  -1,095,000 564,000 367,000 
      net increase in cash, cash equivalents and restricted cash
    		52,771,000 -13,353,000 -48,680,000 -91,628,000 49,578,000 -67,914,000 57,622,000 -466,859,000 136,223,000 -288,279,000 87,044,000                                                             
      cash, cash equivalents and restricted cash, beginning of period
    		0 0 409,351,000 0 0 0 461,693,000 0 0 0 993,564,000                                                             
      cash, cash equivalents and restricted cash, end of period
    		52,771,000 -13,353,000 360,671,000  49,578,000 -67,914,000 519,315,000  136,223,000 -288,279,000 1,080,608,000                                                             
      supplemental disclosure of cash flow information:
    		                                                                       
      cash paid for interest
    		32,044,000 56,035,000 33,648,000 54,989,000 34,231,000 56,682,000 34,050,000 57,245,000 34,407,000 56,858,000 33,803,000 57,954,000 28,977,000 50,409,000 27,776,000 49,704,000 24,555,000 57,750,000 19,326,000 53,557,000 19,211,000 50,128,000 40,495,000 36,469,000 35,156,000 34,711,000 35,148,000 34,483,000 35,131,000 21,251,000 35,121,000 21,238,000 35,107,000 21,241,000 34,916,000 21,251,000 23,228,000 21,209,000 23,451,000 21,188,000 175,000 20,586,000 161,000 2,846,000 5,041,000 4,804,000 4,542,000 5,330,000 4,802,000 5,057,000 5,240,000 8,151,000 7,187,000 10,543,000 10,863,000 11,436,000 11,371,000 16,325,000 13,581,000 15,952,000 15,589,000 4,607,000 3,952,000 4,247,000 4,204,000 4,498,000 5,304,000 5,373,000 5,282,000 6,337,000 8,975,000 
      cash paid for income taxes, net of refunds received
    		43,895,000 101,041,000 11,247,000 39,605,000 48,191,000 101,839,000 11,393,000 42,733,000 59,159,000 119,622,000 18,965,000 25,961,000 30,691,000 106,389,000 17,645,000 58,888,000 80,593,000 74,125,000 9,014,000                                                     
      supplemental disclosure of non-cash investing activities
    		                                                                       
      property, equipment and leasehold improvements in other accrued liabilities
    		-2,074,000 -5,641,000 10,576,000 -524,000 -3,656,000 4,141,000 2,668,000 -1,996,000 -833,000 411,000 5,156,000 -77,000 -3,002,000 -1,190,000 6,118,000 -1,323,000 428,000 706,000 3,687,000               821,000 2,944,000 -671,000 -949,000 965,000 5,077,000 -3,975,000 1,888,000 -7,239,000 12,970,000 2,802,000 -10,647,000 11,734,000 2,842,000 -1,823,000 651,000 3,313,000 1,255,000 112,000 -4,477,000 4,684,000 3,256,000 -490,000 -3,085,000 4,635,000 721,000 -2,379,000 -205,000 1,150,000 2,255,000  -936,000 -1,831,000 4,280,000     
      proceeds from borrowings
    		 115,000,000 100,000,000 220,000,000 0 0 336,875,000             0 0 1,000,000,000 405,000,000      0                                           
      acquisition of a business, net of cash acquired
    		      -7,820,000         -294,000                                                        
      gain on remeasurement of equity method investment
    		                                                                       
      loss on impairment of right of use assets
    		           0 0                                                           
      acquisition of equity method investment
    		           0    -26,284,000    0 0 6,000 -190,822,000                                                 
      cash, cash equivalent and restricted cash, end of period
    		                                                                       
      supplemental disclosure of non-cash financing activities
    		                                                                       
      cash dividends declared, but not yet paid
    		   412,000 412,000 393,000 368,000 488,000 439,000 503,000 511,000 478,000 505,000 404,000 2,361,000 503,000 514,000 374,000 1,208,000 -67,000 376,000 513,000 616,000 261,000 293,000 248,000 237,000 -27,000 181,000 371,000 337,000 297,000 365,000 266,000 269,000 220,000 256,000 197,000 157,000 11,000                                
      changes in assets and liabilities, net of the effect of acquisitions and dispositions:
    		                                                                       
      acquisition of assets, net of cash acquired
    		                                                                       
      proceeds from borrowings, inclusive of premium
    		           0 0 350,000,000 5,000,000 0 700,000,000 600,000,000 503,750,000                                                     
      payment of debt issuance costs in connection with debt
    		           -1,000 -282,000 -1,718,000 -559,000 -477,000 -10,819,000 -5,349,000 -4,967,000 0 0 -11,759,000 -4,934,000             0                                    
      payment of contingent consideration
    		           0 -1,000 -78,000 -132,000                                                         
      net increase in cash
    		           126,452,000 24,812,000 162,985,000 -742,134,000   224,855,000 446,626,000     625,417,000 110,033,000   -494,222,000 30,802,000   90,487,000    -182,228,000               79,720,000   7,285,000 13,811,000 30,636,000 45,680,000 48,255,000 -141,783,000 28,840,000   -91,675,000    8,804,000 21,625,000 214,158,000 10,365,000 -11,889,000 
      cash and cash equivalent, beginning of period
    		           0 0 0 1,421,449,000 0 0 0 1,300,521,000 0 0 0 1,506,567,000  0 0 904,176,000  0 0 889,502,000  0 0 791,834,000  0                                   
      cash and cash equivalent, end of period
    		           126,452,000 24,812,000 162,985,000 679,315,000 136,785,000 -687,338,000 224,855,000 1,747,147,000 -2,337,000 -82,119,000 318,121,000 1,066,856,000  110,033,000 128,336,000 642,781,000  30,802,000 517,768,000 849,828,000  48,434,000 53,609,000 696,972,000  569,448,000                                   
      net decrease in cash
    		                    -82,119,000 318,121,000 -439,711,000    -261,395,000    -39,674,000   53,609,000 -94,862,000                                     
      gain on divestitures, net of costs
    		                           -49,347,000                                            
      acquisitions, net of cash acquired
    		                                   0 0 0 -60,000     -41,000    0 0 -100,000 -23,168,000         -300,000            
      proceeds from the sale of capital equipment
    		                       0 0 0 10,000 0 0            0    0 1,000 7,000                         
      proceeds from divestitures
    		                           62,815,000                                            
      cash paid for income taxes
    		                    53,751,000 13,876,000 5,684,000  9,622,000 38,430,000 17,312,000 33,018,000 36,702,000 64,893,000 8,602,000 28,566,000 28,915,000 57,952,000 13,294,000 28,374,000 -2,822,000 61,051,000 11,242,000 37,073,000 14,114,000 64,371,000 13,976,000 18,998,000 29,525,000 50,765,000 21,131,000 28,962,000 37,497,000 51,970,000 10,175,000 41,864,000 34,822,000 50,630,000 7,123,000 21,448,000 19,455,000 38,244,000 14,581,000 2,877,000 6,349,000 29,676,000 7,288,000 19,610,000 15,654,000 20,862,000 5,259,000 4,943,000 30,776,000 10,344,000 10,454,000 
      property, equipment and leasehold improvements accrued, but not yet paid
    		                    -1,811,000 105,000 4,987,000  551,000 790,000 2,848,000  798,000 -122,000 3,101,000                                         
      income from equity method investments
    		                                                                       
      other non-cash adjustments
    		                     332,000 337,000 385,000 734,000 174,000 -200,000 -545,000 161,000 -125,000 321,000 410,000 758,000 -489,000 25,000 68,000 613,000 152,000 359,000 217,000 -6,133,000 149,000 3,700,000 83,000 1,216,000 650,000 -102,000 377,000 109,000 251,000 -1,108,000 87,000 163,000 -225,000 -74,000 122,000 371,000 -82,000 1,131,000 2,925,000            
      repayment of long-term debt
    		                      -307,875,000                      -5,062,000 -5,062,000 -5,063,000  -11,000,000 -11,000,000 -26,000,000  -11,000,000    -2,811,000 -2,813,000 -1,268,625,000  -74,048,000        -5,562,000   
      non-cash operating lease expense
    		                       5,711,000 5,575,000                                               
      proceeds from sales of investments
    		                                                                       
      proceeds from borrowing
    		                                   0    0                  0 1,125,000,000             
      cash and cash equivalents, beginning of period
    		                                      777,706,000 0 0 0 508,799,000 0 0 0 358,434,000 0 0 0 183,309,000 0 0 0 252,211,000 0 0 0 269,423,000  0 0 176,024,000  0 0 268,077,000 0 0 0 33,818,000 
      cash and cash equivalents, end of period
    		                                      445,014,000 -215,782,000 538,467,000 -82,730,000 537,751,000 60,606,000 -235,046,000 422,789,000 260,450,000 74,684,000 -50,951,000 71,672,000 263,029,000 -157,149,000 67,151,000 7,285,000 266,022,000 30,636,000 45,680,000 48,255,000 127,640,000  45,587,000 67,799,000 84,349,000  38,932,000 -204,112,000 276,881,000 21,625,000 214,158,000 10,365,000 21,929,000 
      repurchase of treasury shares
    		                        -1,081,000 -743,000 -284,466,000  -46,270,000 -155,423,000 -91,277,000 -111,000 -9,373,000 -40,615,000 -100,362,000 -275,702,000 -32,118,000 -120,030,000 -346,715,000 -256,075,000 -347,073,000 -87,215,000 -10,352,000 -255,000 -300,493,000 -1,744,000 -107,159,000 -2,255,000 -100,289,000 -242,000 -9,397,000 -103,065,000 -441,000 -174,000 -2,309,000 -11,685,000 -27,000 -18,000 -2,896,000 -9,944,000 -1,757,000 -4,000 -2,446,000   -495,000 -110,000 -95,000 -29,000   
      includes 43.6 million accrual for amounts payable after december 31, 2018 related to the estimated one-time tax charge on the deemed repatriation of historic earnings and profits of foreign subsidiaries. see note 11, “income taxes,” for additional information.
    		                                                                       
      proceeds from sale of investments
    		                                0                                       
      gain on disposition of subsidiary, net of costs
    		                                            -5,000                           
      dispositions
    		                                                                       
      gain on disposition
    		                                   0                                    
      disposition, net of cash provided
    		                                                                       
      includes 43.6 million accrual for amounts payable after december 31, 2018 related to the estimated one-time tax charge on the deemed repatriation of historic earnings and profits of foreign subsidiaries. see note 10, "income taxes," for additional information.
    		                                                                       
      disposition, net of cash divested
    		                                                                       
      amortization of discount on long-term debt
    		                                           1,859,000 119,000 119,000 121,000 367,000 225,000 228,000 246,000 233,000 238,000   250,000 230,000 231,000 340,000 273,000 564,000 460,000 40,000 42,000 41,000 40,000 42,000     
      excess tax benefits from share-based compensation
    		                                   -1,145,000 -1,604,000 -1,019,000 -3,857,000 -1,547,000 -474,000 -10,242,000 -2,990,000       -230,000 -1,172,000 531,000 80,000 -397,000 -1,262,000 -3,187,000 -313,000 -1,186,000 -2,577,000 -6,034,000 -1,040,000 -71,000 -1,392,000         
      changes in assets and liabilities, net of assets acquired and liabilities assumed:
    		                                                                       
      treasury share repurchases awaiting settlement
    		                                                                       
      excess tax benefits from stock-based compensation
    		                                      3,857,000 1,547,000 474,000 10,242,000 2,990,000 6,032,000 -424,000 -1,599,000 -1,174,000 4,399,000                        
      net increase in cash and cash equivalents
    		                                      -332,692,000 -215,782,000 538,467,000 -82,730,000 28,952,000 60,606,000 -235,046,000 418,381,000 -93,576,000 74,684,000 -50,951,000                       
      supplemental disclosure of non-cash investing activities:
    		                                                                       
      supplemental disclosure of non-cash financing activities:
    		                                                                       
      depreciation of property, equipment and leasehold improvements
    		                                                  5,080,000     4,478,000 4,669,000 5,168,000 5,110,000 5,530,000 4,934,000 3,556,000 3,393,000 3,065,000 2,869,000 2,972,000 3,051,000 2,696,000 1,268,000 522,000 484,000 
      proceeds from redemption of short-term investments
    		                                               0 0 0 70,900,000 54,000,000 22,598,000 107,739,000 22,695,000 77,189,000 1,922,000 21,273,000 49,908,000  27,930,000           
      dispositions, net of cash provided
    		                                           0 0                           
      proceeds from the sale of property, equipment and leasehold improvements
    		                                                                       
      cash flows from financing activities:
    		                                                                       
      repayment of long–term debt
    		                                                                       
      payment of issuance costs in connection with long–term debt
    		                                                                       
      dividends paid
    		                                                                       
      proceeds from the exercise of stock options
    		                                                              2,117,000         
      effect of exchange rates changes
    		                                                                       
      changes in assets and liabilities, net of assets and liabilities assumed:
    		                                                                       
      payment of issuance costs in connection with long-term debt
    		                                                                       
      less: cash and cash equivalents attributed to discontinued operations
    		                                              -4,408,000                         
      gross gain on disposition of subsidiary
    		                                                                       
      purchase of investments
    		                                                       -74,896,000 -33,469,000 -82,229,000 -27,198,000 -72,764,000 -9,096,000           
      proceeds from borrowing, net of discount
    		                                                   0    0    0            
      payment of issuance costs in connection with long term debt
    		                                                                       
      changes in assets and liabilities, net of assets and liabilities acquired:
    		                                                                       
      purchase of short-term investments
    		                                                    -29,984,000 0 -76,331,000                 
      share-based expense
    		                                                    7,537,000 6,029,000 5,843,000                 
      share-based compensation expense
    		                                                  6,811,000                     
      share-based compensation
    		                                                       7,401,000 7,860,000 8,008,000 8,454,000             
      trade receivables
    		                                                   -21,349,000 12,108,000 36,140,000 8,574,000 -13,401,000 9,074,000 8,992,000 -46,949,000  15,343,000    18,423,000    20,820,000   
      repayment of riskmetrics group, inc. debt acquired
    		                                                                       
      effect of exchange rates changes on cash and cash equivalents
    		                                                                       
      supplemental disclosure of cash flow information
    		                                                                       
      acquisition of riskmetrics group, inc., class a common stock issued
    		                                                           0            
      fair value of stock options and restricted stock awards assumed in connection with acquisition of riskmetrics group, inc.
    		                                                           0            
      amortization of discount on long term debt
    		                                                      229,000                 
      repayment of long term debt
    		                                                      -2,812,000        -10,563,000    -5,563,000    -5,562,000 
      due from related parties
    		                                                               0 0 4,385,000 -2,620,000 3,929,000 -3,729,000 3,630,000 -2,968,000 
      payable to related parties
    		                                                                 -36,955,000 1,963,000 24,198,000 -16,913,000 -9,177,000 24,184,000 
      proceeds from public offering of common stock, net of underwriting discount and other direct costs of 1.3 million
    		                                                                       
      payment of financing fees
    		                                                                       
      unpaid portion of measurisk, llc acquisition price
    		                                                                       
      compensation payable in common stock and options
    		                                                                   12,844,000 5,397,000   
      loss on write down of investment in unconsolidated company
    		                                                                       
      trade receivable
    		                                                              -37,680,000    -14,225,000    -45,621,000 
      prepaid taxes
    		                                                                       
      proceeds from the maturity of short-term investments
    		                                                              50,300,000         
      cash withdrawn from related parties
    		                                                                       
      proceeds from the sales of capital equipment
    		                                                                       
      repayment of acquired riskmetrics group, inc. debt acquired
    		                                                                       
      expenses related to initial public offering
    		                                                                   0    
      cash and cash equivalents, beginning of year
    		                                                                       
      cash and cash equivalents, end of year
    		                                                                       
      income tax payable
    		                                                                       
      share based compensation
    		                                                             5,366,000 5,120,000  8,354,000 8,978,000 7,736,000    4,875,000 
      foreign currency loss
    		                                                                -167,000 -147,000 763,000     
      unpaid interest rate swap expense
    		                                                                       
      loss on sale or disposal of property, equipment and leasehold improvements
    		                                                                0    58,000   
      benefit from bad debts
    		                                                             267,000 55,000        -462,000 
      amortization of discount on u.s. treasury securities
    		                                                                       
      amortization of discount on short-term investments
    		                                                              -271,000         
      foreign currency (gain) loss
    		                                                              -82,000         
      gain on sale of property, equipment and leasehold improvements
    		                                                                       
      purchases of short-term investments
    		                                                              -112,556,000         
      net cash used by financing activities
    		                                                              -9,500,000   -6,027,000 -5,673,000   -6,120,000 -5,562,000 
      loss on foreign currency exchange rates
    		                                                                       
      benefit from (recovery of) bad debts
    		                                                               163,000 438,000 62,000 314,000  276,000   
      loss on disposal of property, equipment, and leasehold improvements
    		                                                                       
      cash withdrawn (deposited) with related parties
    		                                                                       
      purchased property, equipment and leasehold improvements
    		                                                                   -6,459,000 -13,277,000   
      proceeds from initial public offering of common stock, net of underwriting discount and other direct costs of 24.8 million
    		                                                                       
      proceeds from issuance of long term debt
    		                                                                       
      payments for cash dividends
    		                                                                       
      effect of exchange rates on cash and cash equivalents
    		                                                                       
      property, equipment and leasehold improvements in accounts payable and other accrued liabilities
    		                                                                       
      proceeds from the maturity of investments
    		                                                                       
      cash deposited with related parties
    		                                                                    203,315,000 -39,216,000 -26,474,000 
      effect of exchange rate changes on cash and cash equivalents
    		                                                                       
      loss on sale of property, equipment and leasehold improvements
    		                                                                  128,000     
      (recovery of) benefit from bad debts
    		                                                                       
      loss on sale of principal investment
    		                                                                       
      proceeds from sale of principal investment
    		                                                                       
      other assets
    		                                                                       
      note payable to morgan stanley
    		                                                                       
      payments of cash dividends
    		                                                                       
      non-cash purchase of property, equipment and leasehold improvements
    		                                                                       
      initial public offering related costs
    		                                                                       
      proceeds on sale of property, equipment and leasehold improvements
    		                                                                       
      gain on sale from discontinued operations
    		                                                                       
      cumulative effect of accounting change in accounting principle net of tax
    		                                                                       
      (gain) loss on sale of principal investment
    		                                                                       
      proceeds from sale of discontinued operations
    		                                                                       
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.