| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 | Sep'17 | Jun'17 | Mar'17 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income | ||||||||||||
76,100 | 78,700 | 78,100 | 19,600 | -50,000 | -61,100 | -2,400 | -27,200 | 13,300 | 2,000 | 0 | 0 | 0 |
Loss from discontinued operations | ||||||||||||
- | - | - | - | - | -25,800 | -18,400 | -18,300 | -8,600 | -6,000 | 0 | 0 | 0 |
Adjustments to reconcile net income to net cash provided by (used in) operating activities: | ||||||||||||
Deferred income tax expense (benefit) | ||||||||||||
-63,400 | -69,400 | -82,600 | -14,500 | -17,800 | -16,100 | -66,200 | -66,000 | -61,100 | -61,200 | 0 | 0 | 0 |
Depreciation and amortization | ||||||||||||
54,500 | 57,100 | 58,100 | 57,500 | 57,100 | 56,600 | 56,500 | 55,800 | 53,600 | 53,800 | 0 | 0 | 0 |
Amortization of debt issuance costs and debt discount | ||||||||||||
1,200 | 1,200 | 1,000 | 1,100 | 1,400 | 2,100 | 2,900 | 3,500 | 3,900 | 3,700 | 0 | 0 | 0 |
Net periodic pension and postretirement cost | ||||||||||||
4,700 | 5,200 | 4,800 | 4,100 | 3,400 | 2,700 | 2,400 | 2,100 | 1,800 | 1,500 | 0 | 0 | 0 |
Non-cash share-based compensation | ||||||||||||
43,000 | 36,500 | 31,200 | 25,600 | 26,500 | 23,200 | 21,300 | 20,800 | 14,300 | 16,100 | 0 | 0 | 0 |
Other | ||||||||||||
100 | 400 | -1,300 | -1,200 | -300 | 400 | -1,400 | 200 | 500 | 700 | 0 | 0 | 0 |
Changes in operating assets and liabilities excluding effects of acquisitions and divestitures: | ||||||||||||
Trade and other receivables | ||||||||||||
17,100 | 16,400 | 18,400 | 8,100 | 6,100 | 3,600 | 3,000 | 7,800 | -400 | -5,700 | 0 | 0 | 0 |
Prepaid expenses and other current assets | ||||||||||||
8,500 | 8,000 | 3,100 | 1,600 | -6,900 | -600 | 9,900 | 6,500 | 10,300 | 6,300 | 0 | 0 | 0 |
Accounts payable and other accrued expenses | ||||||||||||
7,600 | 3,800 | -500 | -7,500 | -10,200 | -6,400 | 1,000 | 0 | 3,600 | 100 | 0 | 0 | 0 |
Deferred revenue | ||||||||||||
3,100 | 800 | 4,800 | 2,400 | 3,500 | 7,000 | 5,700 | 6,300 | 7,100 | 4,500 | 0 | 0 | 0 |
Employee compensation and benefits | ||||||||||||
-20,600 | -11,100 | -12,900 | -22,600 | -22,000 | -22,100 | -20,400 | -23,000 | -23,200 | -26,100 | 0 | 0 | 0 |
Accrued interest | ||||||||||||
- | - | - | 300 | 800 | -15,700 | -2,800 | -15,200 | -4,400 | -4,800 | 0 | 0 | 0 |
Accrued taxes | ||||||||||||
-2,100 | -11,100 | -7,200 | -3,900 | -6,000 | 8,400 | 8,800 | 7,700 | 8,100 | -6,700 | 0 | 0 | 0 |
Other assets and liabilities | ||||||||||||
17,400 | 19,500 | 16,000 | 13,300 | 13,700 | 16,700 | 24,700 | 22,600 | 23,100 | 17,200 | 0 | 0 | 0 |
Net cash provided by (used in) operating activities—continuing operations | ||||||||||||
- | - | - | - | - | 10,700 | 14,900 | -28,100 | -7,700 | -29,400 | 0 | 0 | 0 |
Net cash used in operating activities—discontinued operations | ||||||||||||
- | - | - | - | - | -1,200 | -8,100 | -8,300 | -10,800 | -10,400 | 0 | 0 | 0 |
Net cash provided by (used in) operating activities | ||||||||||||
60,800 | 50,600 | 52,200 | 54,900 | 24,100 | 9,500 | 6,800 | -36,400 | -18,500 | -39,800 | 0 | 0 | 0 |
Cash Flows from Investing Activities | ||||||||||||
Purchase of customer trust funds marketable securities | ||||||||||||
289,700 | 408,400 | 495,500 | 542,500 | 477,900 | 855,200 | 923,800 | 956,600 | 933,400 | 598,500 | 0 | 0 | 0 |
Proceeds from sale and maturity of customer trust funds marketable securities | ||||||||||||
374,200 | 374,500 | 414,500 | 466,900 | 718,700 | 844,300 | 922,200 | 946,500 | 651,800 | 610,200 | 0 | 0 | 0 |
Net change in restricted cash and other restricted assets held to satisfy customer trust funds obligations | ||||||||||||
- | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 |
Expenditures for property, plant, and equipment | ||||||||||||
17,200 | 16,300 | 12,000 | 10,800 | 9,100 | 8,000 | 14,700 | 17,800 | 17,800 | 17,500 | 0 | 0 | 0 |
Expenditures for software and technology | ||||||||||||
39,700 | 38,900 | 37,900 | 37,000 | 34,700 | 32,200 | 32,500 | 32,400 | 34,300 | 33,100 | 0 | 0 | 0 |
Acquisition costs, net of cash acquired | ||||||||||||
- | 30,200 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Net proceeds from divestitures | ||||||||||||
- | - | - | - | - | - | - | - | - | -500 | 0 | 0 | 0 |
Net cash provided by (used in) investing activities | ||||||||||||
7,600 | -119,300 | -160,300 | -133,600 | 186,800 | -51,100 | -302,600 | -24,900 | 524,800 | -39,600 | 0 | 0 | 0 |
Cash Flows from Financing Activities | ||||||||||||
Increase in customer trust funds obligations, net | ||||||||||||
-905,400 | 529,900 | -844,100 | 232,700 | 270,600 | -1,415,100 | 9,400 | 1,600 | -325,500 | 356,100 | 0 | 0 | 0 |
Proceeds from issuance of common stock under share-based compensation plans | ||||||||||||
78,300 | 87,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Repayment of long-term debt obligations | ||||||||||||
8,200 | 7,200 | 6,800 | 5,100 | 1,135,400 | 1,134,000 | 0 | 0 | 0 | - | - | - | - |
Repurchase of stock | ||||||||||||
- | - | - | - | - | - | - | - | - | 1,800 | 0 | 0 | 0 |
Net cash provided by financing activities | ||||||||||||
-835,300 | 609,700 | -750,600 | 303,100 | 452,800 | -1,251,600 | 151,000 | 109,500 | -273,300 | 406,800 | 0 | 0 | 0 |
Effect of exchange rate changes on cash, restricted cash, and equivalents | ||||||||||||
-7,100 | 11,300 | -3,400 | -1,100 | -4,400 | -12,800 | -200 | 4,100 | 5,800 | 11,000 | 0 | 0 | 0 |
Net increase in cash, restricted cash, and equivalents | ||||||||||||
-774,000 | 552,300 | -862,100 | 223,300 | 659,300 | -1,306,000 | -145,000 | 52,300 | 238,800 | 338,400 | 0 | 0 | 0 |
Elimination of cash from discontinued operations | ||||||||||||
- | - | - | - | - | 500 | 0 | 0 | 0 | - | - | - | - |
Reconciliation of cash, restricted cash, and equivalents to the condensed consolidated balance sheets | ||||||||||||
Reconciliation of cash, restricted cash, and equivalents to the consolidated balance sheets | ||||||||||||