ARROW ELECTRONICS INC ARW Cash Flow

Arrow electronics inc (ARW)

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
Cash flows from operating activities:
Consolidated net income
49,755	112,188	92,981	-547,751	142,414	232,491	178,173	171,040	139,870	55,501	134,909	100,647	116,319	165,023	117,835	135,338	106,592	159,408	110,304	124,683	106,091	116,286	146,852	128,060	107,192	134,919	96,963	90,036	77,958	174,821	103,692	114,481	113,723	174,130	132,378	156,311	136,497	157,889	118,502	116,193	87,041
Adjustments to reconcile consolidated net income to net cash provided by (used for) operations:
Depreciation and amortization
47,110	50,051	45,231	46,982	47,526	47,183	45,532	46,422	47,247	40,503	38,574	37,381	37,141	37,679	40,194	40,389	40,933	37,900	40,941	39,751	37,162	40,693	39,072	39,712	36,571	34,601	32,436	32,599	31,505	30,446	27,819	28,035	29,050	28,734	25,804	26,006	22,938	21,905	19,210	17,760	18,477
Amortization of stock-based compensation
13,920	6,321	7,120	8,539	19,090	8,134	12,442	12,619	13,043	8,821	8,910	9,816	11,575	10,042	10,508	10,398	8,877	13,491	11,777	12,086	9,920	10,647	11,116	10,371	9,796	12,676	11,465	6,799	5,983	9,685	10,715	6,891	7,255	8,945	9,102	10,821	10,357	9,621	7,939	8,586	8,467
Amortization of deferred financing costs and discount on notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	582	546	558
Income (Loss) from Equity Method Investments
530	-610	-1,070	382	-1,467	-1,524	-652	517	-673	559	1,216	724	925	2,179	1,311	2,227	1,856	2,147	1,674	1,903	1,313	2,528	2,192	1,181	1,417	2,202	1,884	1,360	1,983	2,346	2,154	1,428	2,184	1,936	2,179	1,408	1,213	1,803	1,633	1,785	1,148
Deferred income taxes
32,613	15,196	6,362	-78,814	6,968	-16,533	5,063	15,524	-2,818	25,150	1,437	-2,113	13,938	-1,451	2,522	5,114	22,555	-21,048	375	14,115	12,391	-37,112	-4,611	5,338	10,641	-15,038	-4,237	-36	19,584	-23,380	1,634	-2,629	18,961	-10,899	6	573	-1,057	-11,894	4,051	9,885	15,091
(Gain) loss on investments, net
-16,810	3,840	884	1,390	5,348	-10,221	1,070	-2,563	-2,452	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring, integration, and other charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,556	7,526	8,020	13,341	16,077	20,688	15,495	6,320	8,576	9,702	6,141	11,223	6,048	3,584	7,199	5,459	9,506	4,095	5,545
Settlement of legal matter
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-3,609	-	-	-	-
Excess tax benefits from stock-based compensation arrangements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	21	185	5,657	152	729	386	5,862	235	320	142	6,475	-54	102	34	4,947	435	641	1,152	5,728	182	12	-34	1,762
Loss on prepayment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-
Other
205	155	1,142	-6,381	-5,575	-3,142	-451	-2,140	-3,465	-3,051	-2,207	-3,763	-1,445	-1,508	-1,510	-1,492	-1,462	3,106	-3,483	-2,844	-1,730	-657	-657	120	-1,492	-725	-559	-654	-1,596	1,446	1,443	1,440	1,457	5,563	-881	-734	361	-	-	-	-
Change in assets and liabilities, net of effects of acquired and disposed businesses:
Accounts receivable
-558,605	578,059	-21,355	54,436	-949,989	752,891	180,770	863,490	-789,843	1,052,808	445,515	529,392	-948,621	936,380	193,791	467,492	-996,738	1,125,272	22,871	-143,882	-935,271	1,078,058	41,481	306,793	-904,719	959,428	-225,379	227,817	-388,980	554,201	-115,535	214,037	-334,014	329,943	-22,867	164,965	-278,549	454,275	50,634	308,822	-8,094
Inventories
-133,392	-40,448	-64,468	-143,740	-134,402	162,825	-43,867	239,297	260,620	118,709	111,181	111,760	38,185	286,306	95,184	67,101	-44,611	-2,100	-37,935	131,399	-48,574	112,860	-32,740	202,670	-72,001	-72,903	34,314	34,489	25,377	-37,140	-6,298	81,464	24,357	-214,783	-4,171	151,785	-37,981	-98,294	149,716	346,625	99,247
Accounts payable
-343,051	827,614	-3,013	193,832	-1,540,008	764,726	412,422	451,093	-691,818	930,406	487,904	380,647	-982,355	1,095,530	93,313	429,416	-1,036,094	1,352,100	-298,552	259,287	-1,279,437	1,260,888	-222,128	449,225	-859,288	808,163	-237,258	343,706	-467,797	374,959	-77,510	244,623	-135,198	42,788	-97,476	163,088	-574,003	555,345	-63,319	580,025	-272,909
Accrued expenses
-31,326	43,649	270	-21,102	-50,292	96,946	15,693	21,571	-22,087	37,254	48,065	3,533	-93,865	149,354	11,826	45,952	-160,693	128,867	26,638	9,790	-109,156	191,885	-42,228	19,289	-127,226	80,044	-30,161	-415	-173,437	146,052	-32,565	-10,065	-64,564	-10,755	-18,230	-2,142	-43,109	-575	59,216	56,985	-26,951
Other assets and liabilities
10,228	45,145	-37,264	-11,826	40,782	-29,351	41,654	29,440	94,327	-157,946	39,495	62,777	34,599	11,553	-38,199	-17,448	56,768	5,035	14,821	11,917	-2,828	-6,809	-31,421	-11,064	32,602	-34,577	-6,427	-103,694	45,436	10,354	-15,834	32,016	26,102	-20,423	-36,350	4,698	51,328	-93,321	-22,580	120,111	-23,473
Net cash provided by (used for) operating activities
466,865	494,802	286,774	405,418	-328,999	263,134	494,405	-409,772	-75,077	122,778	134,889	-112,220	-20,890	218,967	25,621	148,727	-33,643	549,064	-108,494	461,034	-241,596	457,053	-67,224	159,435	124,037	215,046	81,132	333,917	-179,404	187,750	176,329	60,619	250,335	146,504	119,081	34,967	-179,669	462,041	-23,728	64,676	-282,217
Cash flows from investing activities:
Cash consideration paid for acquired businesses, net of cash acquired
-	-	-	-	-	0	0	96	331,467	0	1,094	2,534	0	-4,195	23,473	-1,017	46,490	1,821	42,236	337,585	133,089	33,359	69,298	0	60,224	324,548	34,010	0	9,382	90,668	4,053	26,654	160,543	9,238	80,993	63,324	379,013	127,086	287,648	169,293	3,060
Proceeds from (cash paid on) disposition of businesses
-	-	-	-	-	0	-2,278	0	34,291	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of property, plant, and equipment
27,971	30,111	31,444	47,821	33,815	30,439	38,346	31,816	34,735	54,352	47,691	39,788	62,118	38,354	38,005	39,075	49,261	41,744	44,236	37,670	31,150	34,624	25,878	29,160	32,843	30,697	31,904	26,810	26,751	36,650	26,710	26,611	22,253	25,674	27,927	42,163	18,177	28,881	26,753	29,106	27,514
Proceeds from sale of property, plant, and equipment
-	-	-	-	-	-	-	-	-	0	0	16,547	7,886	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	10,165	6,806
Other
5,466	4,127	8,495	0	-2,940	2,500	3,000	3,500	4,500	3,147	-533	3,000	0	-	-	-	-	2,008	0	0	-2,008	-	-	0	0	0	0	0	3,000	0	0	15,000	0	-	-	-	-	-	-	-	-
Net cash used for investing activities
-33,437	-53,623	-50,724	-38,361	-30,875	-47,518	-43,624	-35,412	-336,411	-57,499	-48,252	-28,775	-54,232	-34,159	-61,478	-50,058	-95,751	-40,069	-86,472	-375,255	-162,231	-67,983	-54,634	-29,160	-93,067	-355,245	-65,914	-26,810	-39,133	-127,318	-30,763	-68,265	-182,796	-34,912	-108,920	-105,487	-397,190	-155,967	-314,401	-188,234	-23,768
Cash flows from financing activities:
Change in short-term and other borrowings
-84,354	-20,794	80,227	-66,112	-107,244	88,034	44,545	78,000	-18,387	-26,893	-54,697	-36,128	76,402	16,743	-35,670	67,141	470	-42,576	-252	-5,051	1,234	-3,298	661	-2,566	-7,338	-9,058	5,457	-13,397	-14,342	-17,607	20,372	-3,503	-9,074	1,984	-1,792	-2,464	-3,900	10,677	6,892	-21,954	14,160
Proceeds from (repayments of) long-term bank borrowings, net
-288,577	-	-	-	335,023	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from (repayments of) long-term bank borrowings, net
-	-	-	-	-	-114,120	-338,579	157,948	601,386	130,526	-324,584	179,318	62,500	-7,000	87,000	-32,000	265,000	-366,700	204,300	82,800	-48,400	-134,800	109,800	-35,000	-85,000	314,300	-157,600	-129,600	44,300	19,600	-62,800	-291,900	329,700	-243,000	304,500	101,700	190,800	-	-	-	-
Proceeds from note offerings, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	688,162	-	0	0	0	-	0	0	591,156	-	0	0	0	-	-	-	-	-	-	-	-
Redemption of notes
-	-	-	-	-	600,000	0	0	-300,000	1,114,773	2,214	-558,100	0	-	-	-	-	508,626	0	0	-254,313	0	0	0	0	676,368	0	0	-338,184	0	0	0	0	-	-	-	-	-	-	-	-
Proceeds from exercise of stock options
1,980	5,201	2,088	2,691	6,931	900	1,934	988	4,997	772	726	3,438	17,259	2,281	1,842	9,139	5,705	178	248	1,898	12,576	775	2,692	2,179	16,142	5,646	18,073	1,695	10,600	1,891	715	628	10,138	47	472	18,996	27,150	4,861	-3,209	4,826	1,579
Excess tax benefits from stock-based compensation arrangements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	21	185	5,657	152	729	386	5,862	235	320	142	6,475	-54	102	34	4,947	435	641	1,152	5,728	182	12	-34	1,762
Repurchases of common stock
158,989	100,009	103,270	146,999	53,925	150,132	20,622	20,038	52,513	25,114	25,462	54,816	68,847	49,268	120,345	28,149	18,684	149,833	50,177	77,863	78,561	115,352	50,600	50,310	88,501	50,180	303	198,806	113,504	38,075	64,997	100,114	57,684	242	99,941	50,414	46,447	42,384	50,087	74,994	6,185
Purchase of shares from noncontrolling interest
-	-	-	-	-	-	-	-	-	-46,700	0	0	23,350	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	993	-1,183	0	-1,817	3,720	-2,831	0	-3,000	-1,499	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used for) financing activities
-529,940	-423,649	-236,892	-426,613	180,785	-175,318	-313,740	216,742	235,483	75,349	90,041	27,392	63,964	-36,251	-68,356	16,131	250,674	-565,749	151,309	1,969	323,355	-254,022	63,282	-85,311	-158,835	260,943	-134,053	-339,966	186,501	-34,245	-106,608	-394,855	278,027	-260,100	3,880	68,970	173,331	107,261	244,463	-92,156	11,316
Effect of exchange rate changes on cash
-2,593	20,319	-6,893	-22,354	21,661	-5,162	6,631	10,317	-5,434	5,116	-12,257	11,959	-1,600	1,348	-7,143	-13,684	285	-6,900	-19,320	6,680	-14,590	7,074	7,873	5,689	-4,454	18,068	24,734	14,599	-13,497	24,947	-6,240	-11,375	-2,745	829	-499	11,272	-1,491	3,262	26,726	-17,673	-32,287
Net decrease in cash and cash equivalents
-99,105	-	-	-	-157,428	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase (decrease) in cash and cash equivalents
-	-	-	-	-	35,136	143,672	-218,125	-181,439	145,744	164,421	-101,644	-12,758	149,905	-111,356	101,116	121,565	-63,654	-62,977	94,428	-95,062	142,122	-50,703	50,653	-132,319	138,812	-94,101	-18,260	-45,533	51,134	32,718	-413,876	342,821	-147,679	13,542	9,722	-405,019	416,597	-66,940	-233,387	-326,956