TD Ameritrade Holding Corporation AMTD Cash Flow

Td ameritrade holding corporation (AMTD)

CashFlow / Quarterly

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	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09
Cash flows from operating activities:
Net income
445,000	379,000	550,000	555,000	499,000	604,000	454,000	451,000	271,000	297,000	211,000	231,000	214,000	216,000	185,000	240,000	205,000	212,000	216,000	196,000	190,000	211,000	211,000	190,000	194,000	192,000	201,000	183,000	144,000	147,000	144,000	153,000	137,000	152,000	163,898	157,395	171,668	145,039	113,771	179,439	162,553	136,237
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
42,000	42,000	39,000	38,000	36,000	35,000	36,000	37,000	35,000	34,000	28,000	25,000	25,000	24,000	25,000	23,000	22,000	22,000	22,000	23,000	23,000	23,000	24,000	23,000	24,000	24,000	23,000	22,000	21,000	20,000	19,000	18,000	18,000	17,000	17,371	16,914	16,579	16,136	15,427	14,500	13,463	13,610
Amortization of acquired intangible assets
30,000	30,000	32,000	31,000	31,000	31,000	34,000	32,000	37,000	38,000	22,000	19,000	19,000	19,000	20,000	21,000	23,000	22,000	23,000	22,000	22,000	23,000	22,000	23,000	22,000	23,000	23,000	23,000	22,000	23,000	23,000	23,000	23,000	23,000	24,253	24,083	24,073	24,591	24,278	25,119	25,023	25,580
Non-cash lease expense
14,000	15,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
-16,000	36,000	0	-1,000	2,000	25,000	14,000	25,000	-50,000	-13,000	0	-2,000	-16,000	7,000	-13,000	9,000	-16,000	12,000	-12,000	-10,000	-4,000	3,000	-22,000	-7,000	-10,000	12,000	-3,000	-1,000	-6,000	20,000	-10,000	-7,000	7,000	15,000	-5,394	2,431	-1,575	6,538	-5,856	-14,183	143,060	30,979
Loss on sale of investments
-	-	-	-	-	-	0	0	0	-11,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	49,000	6,000	0	2,000	-	-	-	-	-	-	-	-	-	-	-	-
Loss on disposal of property
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-280	-14,791	-1,645	-284	-3,467	-683	-1,206	-644
Loss on debt refinancing
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-392	0	0	8,392
Stock-based compensation
14,000	15,000	15,000	10,000	11,000	11,000	21,000	13,000	16,000	10,000	10,000	8,000	8,000	10,000	10,000	8,000	7,000	9,000	9,000	8,000	10,000	9,000	8,000	8,000	8,000	8,000	7,000	7,000	8,000	7,000	6,000	17,000	8,000	10,000	9,005	10,265	6,949	8,781	8,910	7,586	8,323	9,181
Provision for doubtful accounts on client and other receivables
22,000	4,000	1,000	5,000	2,000	5,000	2,000	2,000	65,000	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Excess tax benefits on stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	1,000	15,000	-2,000	1,000	2,000	11,000	1,000	1,000	3,000	5,000	0	0	17,000	7,000	-9,000	3,000	7,000	8,000	630	504	4,232	4,634	2,905	4,681	3,094	5,320
Other, net
-8,000	-4,000	-10,000	-4,000	-4,000	-7,000	-8,000	-2,000	-3,000	-5,000	-3,000	-4,000	-4,000	-1,000	-10,000	-2,000	-2,000	-2,000	-4,000	-3,000	-1,000	1,000	-3,000	-1,000	1,000	0	-3,000	0	2,000	-1,000	-2,000	0	-7,000	1,000	-	-64	-61	-60	-	975	-475	-346
Changes in operating assets and liabilities:
Investments segregated and on deposit for regulatory purposes
1,080,000	453,000	551,000	-11,000	-21,000	-503,000	-81,000	-51,000	-421,000	-278,000	-120,000	-1,399,000	-536,000	534,000	1,665,000	-669,000	1,693,000	-265,000	1,880,000	182,000	-288,000	-585,000	-142,000	42,000	-123,000	-555,000	115,000	1,395,000	-298,000	652,000	483,000	-1,928,000	-595,000	3,551,000	2,141,766	377,260	-527,343	-466,683	503,932	-1,059,500	-4,021,420	-243,012
Receivable from brokers, dealers and clearing organizations
-202,000	-711,000	659,000	154,000	228,000	24,000	-198,000	177,000	104,000	-43,000	-72,000	138,000	142,000	-231,000	-103,000	-14,000	285,000	160,000	-282,000	195,000	-247,000	88,000	-207,000	201,000	-88,000	-146,000	284,000	-235,000	351,000	-162,000	56,000	-322,000	547,000	-6,000	-198,297	-16,693	104,891	-262,901	425,686	-683,153	306,214	-618,747
Receivable from clients, net
-4,557,000	573,000	-227,000	73,000	1,341,000	-3,172,000	312,000	1,485,000	2,311,000	1,428,000	511,000	1,469,000	1,000	98,000	-216,000	766,000	-1,013,000	-361,000	-98,000	405,000	817,000	7,000	408,000	-19,000	1,413,000	853,000	277,000	-143,000	52,000	151,000	-91,000	161,000	911,000	-393,000	-655,229	-629,337	1,028,563	924,003	-138,054	671,041	531,263	616,750
Receivable from/payable to affiliates, net
-34,000	11,000	-17,000	-5,000	-56,000	79,000	-19,000	-6,000	3,000	101,000	-31,000	31,000	-33,000	38,000	7,000	-14,000	-16,000	34,000	-13,000	1,000	-12,000	18,000	-17,000	0	-18,000	16,000	15,000	-33,000	-44,000	94,000	5,000	-2,000	-19,000	9,000	-8,879	6,161	-5,300	7,018	12,825	-20,487	11,388	-5,726
Other receivables, net
47,000	-28,000	50,000	8,000	-33,000	-18,000	38,000	-16,000	83,000	24,000	-18,000	-8,000	9,000	-24,000	28,000	-17,000	6,000	-1,000	3,000	-5,000	16,000	-17,000	19,000	-23,000	27,000	-13,000	12,000	-4,000	19,000	-8,000	21,000	-21,000	15,000	-12,000	20,315	6,310	18,408	-1,033	4,857	-5,780	7,605	-11,682
Securities owned, at fair value
-103,000	-12,000	214,000	159,000	50,000	-47,000	-39,000	-218,000	-180,000	90,000	59,000	50,000	180,000	-154,000	94,000	72,000	-98,000	-162,000	13,000	-119,000	89,000	109,000	-38,000	-20,000	29,000	39,000	-25,000	-15,000	52,000	-32,000	-3,000	-29,000	-1,000	-71,000	380,900	-47,546	-85,461	-18,893	-41,361	-44,910	18,738	251,533
Other assets
-25,000	9,000	-1,000	-8,000	11,000	16,000	11,000	7,000	-69,000	90,000	-14,000	-4,000	2,000	21,000	-20,000	1,000	-10,000	46,000	-12,000	5,000	4,000	-42,000	-1,000	15,000	19,000	6,000	-13,000	-1,000	3,000	7,000	6,000	-1,000	-9,000	4,000	-1,945	-2,669	4,406	6,208	-8,982	-1,055	6,455	6,582
Payable to brokers, dealers and clearing organizations
-536,000	-826,000	98,000	737,000	175,000	-682,000	-536,000	423,000	29,000	560,000	-216,000	482,000	-144,000	-12,000	108,000	-430,000	313,000	-658,000	293,000	16,000	319,000	-342,000	-116,000	-495,000	793,000	266,000	-941,000	598,000	375,000	-51,000	-193,000	-161,000	746,000	-110,000	-373,699	-33,321	318,525	-136,505	-39,205	-262,585	232,244	-487,454
Payable to clients
5,906,000	284,000	2,479,000	1,348,000	1,141,000	-785,000	330,000	-1,294,000	-1,438,000	179,000	-69,000	-310,000	176,000	7,000	1,551,000	410,000	989,000	70,000	965,000	1,115,000	-906,000	364,000	232,000	1,050,000	-164,000	196,000	1,553,000	113,000	-942,000	1,731,000	629,000	-2,064,000	81,000	3,103,000	1,710,379	58,605	198,843	201,173	914,506	-952,669	-3,697,054	631,217
Accounts payable and other liabilities
344,000	-161,000	-148,000	141,000	192,000	-110,000	139,000	-167,000	135,000	-127,000	63,000	-154,000	193,000	-71,000	-10,000	-147,000	173,000	-74,000	72,000	-120,000	116,000	-29,000	44,000	-130,000	130,000	-64,000	25,000	-81,000	76,000	-63,000	49,000	-30,000	73,000	-60,000	122,125	-131,376	111,283	17,968	-21,134	22,492	-108,878	-89,480
Deferred revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-4,000	-4,000	-4,000	-	-5,000	-2,000	-3,000	-3,776	-3,975	-6,766	-6,483	-7,696	-5,433	-2,963	8,092
Net cash provided by operating activities
10,067,000	-473,000	1,847,000	2,438,000	573,000	2,762,000	478,000	-1,854,000	-2,728,000	-418,000	-262,000	27,000	718,000	-81,000	452,000	11,000	870,000	151,000	103,000	581,000	-610,000	672,000	373,000	466,000	-266,000	452,000	189,000	-110,000	-460,000	1,120,000	211,000	83,000	242,000	56,000	-17,439	423,321	298,889	85,229	242,259	145,878	-88,771	285,634
Cash flows from investing activities:
Purchase of property and equipment
53,000	102,000	48,000	59,000	48,000	44,000	63,000	47,000	56,000	63,000	56,000	62,000	50,000	29,000	27,000	20,000	15,000	43,000	13,000	20,000	17,000	21,000	90,000	17,000	13,000	24,000	20,000	32,000	46,000	46,000	65,000	44,000	49,000	28,000	43,096	40,489	39,190	30,225	29,820	22,789	17,594	20,797
Proceeds from sale of property and equipment
0	0	0	-11,000	0	11,000	0	12,000	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash received in sale of business
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-228	0	0	5,228	-	-	-	-
Purchase of short-term investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,000	401,000	0	201,000	3,000	2,000	501,000	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,704	1,096	1,100	1,100
Proceeds from sale and maturity of short-term investments
-	-	-	-	-	-	0	1,000	0	65,000	3,000	1,000	0	0	-	-	-	-	-	-	-	-	-	-	-	-	3,000	1,000	0	150,000	-	-	-	-	-	-	-	-	-300	1,100	1,100	1,100
Purchase of investments available-for-sale, at fair value
0	0	495,000	516,000	0	383,000	0	0	392,000	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid in business acquisition, net of cash and cash equivalents acquired
-	-	-	-	-	-	0	0	-8,000	12,000	1,288,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of other investments
-2,000	4,000	-	-	0	11,000	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from redemption of money market funds
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	522	0	39,884	11,594
Proceeds from sale of other investments
0	0	-	-	0	1,000	-	-	0	0	-	0	0	0	-	-	-	-	0	9,000	0	1,000	-1,000	0	0	13,000	78,000	7,000	0	3,000	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of investments available-for-sale, at fair value
-	-	-	-	-	-	0	0	0	643,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-3,000	-1,000	0	-1,000	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-51,000	-106,000	-543,000	-195,000	-48,000	-426,000	-66,000	-35,000	-440,000	633,000	968,000	-62,000	-50,000	-29,000	-384,000	-420,000	185,000	-244,000	-13,000	488,000	-518,000	-17,000	-77,000	-17,000	-12,000	-11,000	58,000	-24,000	-45,000	107,000	-131,000	-120,000	-98,000	-28,000	-39,470	-48,887	-38,646	-24,997	-32,300	-22,785	22,288	-9,203
Cash flows from financing activities:
Proceeds from notes payable, net
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of long-term debt
-	0	-	-	-	999,000	0	0	0	0	-	-	-	-	-	-	-	-	0	0	748,000	500,000	69,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	443	0	0	1,248,557
Payment of debt issuance costs
0	0	4,000	1,000	0	7,000	0	1,000	2,000	0	-	-	-	-	-	-	-	-	0	0	6,000	5,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	405	-69	632	10,032
Net proceeds from (repayments of) secured uncommitted lines of credit
-	-	-	-	-	-	-	-	75,000	50,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds from (payments on) securities sold under agreements to repurchase
1,223,000	0	0	0	0	-96,000	-1,000	-96,000	96,000	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments on long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	25,000	30,000	14,000	500,000	0	0	0	0	0	0	0	250,000	-	-	-	-	-	-	-	-	362	0	4,138	1,406,500
Proceeds from senior revolving credit facilities
850,000	200,000	100,000	1,100,000	600,000	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments on senior revolving credit facilities
850,000	200,000	100,000	1,100,000	600,000	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from notes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	75,000	0	155,000	0	0	0	275,000	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments on notes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	113,000	37,000	0	40,000	40,000	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Return of prepayment on structured stock repurchase
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	166	0	0	118,834	-	-	-	-
Payment of cash dividends
167,000	168,000	164,000	166,000	169,000	168,000	120,000	119,000	119,000	119,000	94,000	95,000	95,000	95,000	90,000	90,000	91,000	91,000	82,000	81,000	81,000	82,000	66,000	66,000	66,000	342,000	50,000	49,000	49,000	323,000	33,000	33,000	33,000	33,000	28,064	28,568	28,688	28,680	-	-	-	-
Proceeds from exercise of stock options
-	-	-	-	-	-	-	-	-	-	0	0	0	23,000	0	0	0	0	3,000	0	1,000	11,000	1,000	0	7,000	0	0	0	13,000	6,000	-	-	-	-	-204	371	2,115	718	1,158	3,582	2,425	5,835
Purchase of treasury stock
0	143,000	296,000	242,000	317,000	114,000	255,000	0	0	0	-	-	-	-	33,000	50,000	231,000	38,000	238,000	5,000	3,000	118,000	84,000	92,000	2,000	12,000	0	1,000	0	4,000	31,000	47,000	15,000	115,000	204,755	97,733	44,478	2,034	17,812	243,738	1,221	3,229
Purchase of treasury stock for income tax withholding on stock-based compensation
9,000	12,000	2,000	0	4,000	8,000	1,000	3,000	5,000	8,000	1,000	11,000	4,000	11,000	0	1,000	2,000	27,000	1,000	1,000	3,000	18,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment for future treasury stock purchases under accelerated stock repurchase agreement
0	0	-74,000	0	62,000	12,000	31,000	0	0	0	-	-	-	-	-	-	-	9,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-	-	-	-	-	-	-	0	0	2,000	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments on capital lease obligations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,000	1,000	0	1,000	2,000	2,000	0	2,000	1,900	4,737	1,418	1,945	2,147	4,758	3,377	3,718
Excess tax benefits on stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	1,000	15,000	-2,000	1,000	2,000	11,000	1,000	1,000	3,000	5,000	0	0	17,000	7,000	-9,000	3,000	7,000	8,000	630	504	4,232	4,634	2,905	4,681	3,094	5,320
Net cash provided by financing activities
1,047,000	-323,000	-396,000	-409,000	-552,000	594,000	-408,000	-344,000	45,000	-75,000	-37,000	684,000	-99,000	-83,000	-130,000	-150,000	-314,000	-150,000	-345,000	-116,000	531,000	-238,000	-96,000	-122,000	-98,000	-194,000	-148,000	-121,000	-129,000	-290,000	-75,000	-79,000	-36,000	-142,000	-234,082	-131,946	-72,499	91,527	-185,220	-240,164	-3,849	-163,767
Effect of exchange rate changes on cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20	11	132	-	-46	21	16
Net increase in cash, cash equivalents, restricted cash and restricted cash equivalents
11,063,000	-902,000	908,000	1,834,000	-27,000	2,930,000	4,000	-2,233,000	-3,123,000	140,000	669,000	649,000	569,000	-193,000	-62,000	-559,000	741,000	-243,000	-255,000	953,000	-597,000	417,000	200,000	327,000	-376,000	247,000	99,000	-255,000	-634,000	937,000	5,000	-116,000	108,000	-114,000	-291,154	242,508	187,755	151,891	24,748	-117,117	-70,311	112,680
Supplemental cash flow information:
Interest paid
30,000	41,000	42,000	45,000	36,000	31,000	30,000	28,000	24,000	36,000	11,000	20,000	9,000	19,000	8,000	19,000	7,000	20,000	7,000	9,000	6,000	8,000	8,000	7,000	8,000	7,000	7,000	9,000	8,000	8,000	9,000	8,000	9,000	8,000	7,313	10,962	6,323	18,402	5,153	22,246	3,900	7,701
Income taxes paid
10,000	113,000	457,000	79,000	8,000	139,000	74,000	159,000	7,000	112,000	116,000	264,000	4,000	99,000	142,000	235,000	4,000	138,000	143,000	218,000	5,000	132,000	122,000	240,000	7,000	120,000	120,000	156,000	3,000	100,000	99,000	114,000	1,000	99,000	87,287	178,739	971	54,003	119,991	129,678	2,587	100,744
Noncash investing activities:
Tax benefit on exercises and distributions of stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,604	4,716	3,266	9,414
Settlement of structured stock repurchase
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	50,366	-	-	-	-