Applied industrial technologies, inc. (AIT)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09
Cash Flows from Operating Activities
Net Income (Loss) Attributable to Parent

33,856

133,168

133,854

143,993

144,552

164,609

156,842

141,625

154,223

147,125

140,260

133,910

107,017

32,795

32,657

29,577

31,555

104,893

110,653

115,484

117,113

118,897

115,099

112,821

115,419

114,327

115,461

118,149

117,921

118,037

111,929

108,779

105,010

102,128

102,386

96,759

96,188

86,177

75,471

65,903

0

0

0

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation

21,188

20,834

20,478

20,236

20,122

19,809

18,852

17,798

16,663

15,827

15,583

15,306

15,289

15,443

15,686

15,966

15,827

16,257

16,297

16,578

16,650

15,516

14,757

13,977

13,386

13,257

12,910

12,501

12,082

11,674

11,440

11,236

11,156

11,336

11,339

11,234

11,318

11,191

11,249

11,465

0

0

0

Amortization of Intangible Assets

41,731

40,540

41,336

41,883

42,562

42,451

37,155

32,065

27,310

23,566

23,965

24,371

24,902

25,586

25,734

25,580

25,450

25,063

25,389

25,797

23,917

20,752

17,265

14,023

13,035

13,356

13,427

13,233

12,726

12,128

11,711

11,465

11,369

11,248

11,404

11,382

11,064

10,782

10,462

10,151

0

0

0

Unrealized foreign exchange transactions (gain) loss

-

-

-

-

-

-

-

-

-

-

-

333

-66

-268

125

-61

-557

-128

-279

727

722

665

77

-204

650

711

1,415

1,410

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

Amortization of stock options and appreciation rights

2,823

2,674

2,559

2,437

2,313

2,205

2,035

1,961

1,837

1,724

1,659

1,891

1,835

1,784

1,722

1,543

1,470

1,724

1,663

1,610

1,486

1,702

1,749

1,808

2,061

2,051

2,144

2,317

2,207

2,116

2,234

2,058

2,114

2,043

1,847

2,473

2,545

2,314

2,881

3,020

0

0

0

Gain on sale of property

-

-

-

-

-

-

-

-

-

-

-

1,541

1,478

1,295

821

-337

1,061

1,236

1,196

1,291

45

47

93

53

61

138

169

321

224

328

358

627

704

1,237

1,141

765

781

102

239

198

0

0

0

Other share-based compensation expense

2,804

3,960

4,350

4,474

4,901

5,440

4,931

4,666

4,274

3,928

3,852

3,629

3,287

2,848

2,451

2,524

3,801

3,126

2,887

2,851

880

1,096

2,541

2,703

3,517

3,748

3,163

3,444

3,711

3,767

4,083

4,308

3,525

3,571

5,414

3,158

6,998

5,248

1,687

2,361

0

0

0

Changes in operating assets and liabilities, net of acquisitions

-132,343

-68,832

-69,072

-24,570

19,745

-4,065

23,179

5,020

63,308

45,796

45,901

8,041

19,176

-12,840

-27,752

-1,905

-68,545

-42,914

-36,117

-238

10,780

31,497

28,507

-12,370

9,578

-16,856

-6,528

-11,086

-8,936

422

-13,013

-9,098

11,644

-3,394

-5,636

1,294

147,171

118,456

76,897

20,817

0

0

0

Other, net

409

-6,537

-4,165

0

4,384

1,771

1,184

0

813

45

1,493

-103

2,245

964

789

0

-1,541

-299

-1,597

45

-4,179

-448

99

161

3,101

211

282

241

3,617

1,649

187

284

111

-493

282

221

0

0

0

-

0

0

0

Net Cash provided by Operating Activities

273,059

219,920

218,822

180,601

176,592

191,700

149,661

147,304

133,991

140,145

132,195

164,619

149,224

173,826

188,788

162,014

208,991

189,680

190,198

157,007

105,096

78,620

75,053

110,110

86,667

115,174

104,406

111,397

97,507

89,092

97,968

90,422

74,831

87,092

88,727

76,842

92,286

108,627

138,591

184,324

0

0

0

Cash Flows from Investing Activities
Acquisition of businesses, net of cash acquired

37,237

67,016

73,229

37,526

35,031

777,540

770,640

775,654

778,144

7,787

7,787

2,773

9,140

39,254

51,254

62,504

50,283

18,224

42,060

160,620

333,803

332,970

314,134

184,324

16,999

18,535

32,181

67,590

67,965

79,485

48,839

14,671

17,062

4,006

4,048

30,504

0

0

0

-

-

-

-

Payments to Acquire Productive Assets

23,482

23,839

20,743

18,970

17,043

18,866

20,067

23,230

23,156

21,795

20,382

17,045

15,476

14,103

13,017

13,130

13,365

12,864

14,945

14,933

24,707

23,870

21,719

20,190

8,870

9,497

9,893

12,214

17,562

18,842

22,771

26,021

22,280

20,649

26,700

20,431

19,499

18,069

6,799

7,216

0

0

0

Proceeds from property sales

2,163

1,084

1,014

1,003

913

626

772

978

914

872

1,460

2,924

2,955

3,057

2,237

603

1,853

1,939

2,042

1,932

980

740

697

877

590

874

919

979

786

706

864

1,258

1,456

2,183

1,922

1,326

1,168

235

533

532

0

0

0

Net Cash used in Investing Activities

-58,556

-89,771

-92,567

-55,102

-50,770

-795,389

-789,935

-797,906

-800,386

-28,710

-26,709

-16,894

-21,661

-50,300

-62,034

-75,031

-61,795

-29,149

-54,963

-173,621

-357,530

-356,100

-335,156

-203,637

-25,279

-27,158

-41,155

-78,825

-84,741

-97,621

-70,746

-39,434

-37,886

-20,750

-27,104

-47,887

-44,348

-45,573

-34,063

-6,784

0

0

0

Cash Flows from Financing Activities
Net repayments under revolving credit facility

-19,000

0

0

-19,500

-68,500

-23,000

0

19,500

58,500

-11,000

-11,000

-33,000

-46,000

-36,000

-76,000

-19,000

-45,000

-9,000

-16,000

-17,000

90,000

64,000

103,000

69,000

0

0

0

-

-

-

-

-

-

-

-

-50,000

0

0

0

-

-

0

0

Long-term debt borrowings

25,000

25,000

0

175,000

175,000

955,000

955,000

780,000

0

0

0

-

-

-

-

-

-

-

-

170,000

270,238

270,241

220,238

100,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term debt repayments

44,738

44,738

19,738

161,738

161,735

275,609

271,515

125,420

121,327

3,337

3,354

3,353

3,350

3,351

98,819

98,662

98,269

98,126

2,708

2,717

2,921

2,244

1,337

647

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of debt issuance costs

22

106

90

775

775

3,983

3,983

3,298

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of treasury shares

-

-

-

-

-

-

-

22,778

22,778

25,542

18,955

8,242

8,243

15,176

22,557

37,465

54,744

82,433

84,071

76,515

71,975

44,743

44,131

36,732

24,045

13,891

3,054

53

12,042

12,042

12,854

31,032

0

0

0

-

-

-

-

-

-

-

-

Dividends paid

48,432

47,993

47,917

47,266

46,922

46,562

45,865

45,858

45,573

45,297

45,003

44,619

44,224

43,854

43,528

43,330

43,198

43,290

43,006

42,663

42,256

41,681

41,066

40,410

39,687

38,928

38,073

37,194

36,329

35,460

34,568

33,800

33,041

31,406

30,644

29,751

28,011

27,139

26,271

25,416

0

0

0

Acquisition holdback payments

2,441

1,112

2,592

2,610

2,610

2,275

219

319

3,931

4,557

7,182

11,307

15,949

15,368

15,500

18,913

17,356

18,020

15,550

7,693

1,010

1,094

1,233

1,839

2,091

3,030

3,689

3,843

3,576

1,845

760

0

0

0

0

-

-

-

-

-

-

-

-

Excess tax benefits from share-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

208

0

0

0

-

-

1,523

1,714

2,674

3,373

3,162

2,914

2,566

3,150

4,587

4,714

3,695

7,417

6,195

6,161

6,404

2,359

3,019

2,661

2,492

0

0

0

Exercise of stock options and appreciation rights

-

-

-

-

-

-

-

-

-

-

-

656

789

827

1,004

896

0

0

0

-

-

-

-

-

-

-

-

499

495

664

273

321

508

477

602

661

943

1,472

1,286

1,339

0

0

0

Taxes paid for shares withheld for equity awards

2,725

2,162

2,043

3,492

3,518

3,665

3,792

1,645

1,609

2,701

3,553

3,484

3,458

2,200

1,507

1,022

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Cash used in Financing Activities

-92,028

-81,939

-83,538

-71,539

-120,121

600,008

620,711

600,284

640,339

-91,973

-88,499

-103,349

-121,724

-115,682

-132,359

-93,007

-135,513

-128,918

-113,882

22,220

242,996

246,121

237,281

92,142

-32,354

-70,588

-41,439

-38,025

-48,302

-11,096

-43,195

-60,816

-45,700

-49,809

-85,896

-116,523

-118,143

-114,329

-76,253

-30,514

0

0

0

Effect of Exchange Rate Changes on Cash

-4,378

112

-921

109

-1,857

-1,816

-1,798

-589

2,266

3,005

2,760

820

-1,458

-621

-339

-3,585

-3,916

-9,163

-9,420

-7,325

-4,483

-2,041

-2,022

-590

-3,031

-2,689

-1,608

175

-789

958

-572

-2,822

-396

64

2,898

2,883

2,498

987

631

1,109

0

0

0

Increase (decrease) in Cash and Cash Equivalents

118,097

48,322

41,796

54,069

3,844

-5,497

-21,361

-50,907

-23,790

22,467

19,747

45,196

4,381

7,223

-5,944

-9,609

7,767

22,450

11,933

-1,719

-13,921

-33,400

-24,844

-1,975

26,003

14,739

20,204

-5,278

-36,325

-18,667

-16,545

-12,650

-9,151

16,597

-21,375

-84,685

-67,707

-50,288

28,906

148,135

0

0

0

Supplemental Cash Flow Information
Property purchases, unpaid at September 30

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-