Anixter international inc. (AXE)
CashFlow / Quarterly
Apr'20Jan'20Sep'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'10
Operating activities:
Net income

35,700

101,000

59,300

63,500

39,100

41,800

47,600

34,800

32,100

400

37,600

40,100

30,900

36,800

40,400

20,500

22,800

4,600

32,500

71,400

19,100

41,100

52,500

53,800

47,400

58,100

53,800

46,100

42,500

5,100

20,500

43,900

55,300

48,300

43,500

52,100

44,300

31,500

36,500

34,600

5,900

Adjustments to reconcile net income to net cash used in operating activities:
Loss on extinguishment of debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

500

-2,700

800

-30,500

Depreciation

8,500

8,500

9,700

9,700

9,300

8,400

8,200

7,700

7,400

6,700

7,400

7,100

7,000

6,800

7,100

7,000

7,000

6,700

5,200

5,800

6,100

6,600

6,000

5,800

5,600

5,600

5,400

5,500

5,600

6,100

5,300

5,600

5,500

5,500

5,400

5,800

5,400

5,600

5,700

5,500

5,700

Amortization of intangible assets

8,600

8,600

8,800

8,800

8,800

8,700

9,600

9,700

9,300

9,000

9,100

9,000

9,000

9,000

9,400

9,500

9,700

9,600

5,100

5,300

5,400

5,400

2,400

1,900

2,000

1,900

1,900

2,300

1,900

2,200

2,500

2,600

2,700

2,700

2,800

3,000

2,900

2,700

2,800

2,900

2,900

Stock-based compensation

4,600

5,500

5,200

5,200

4,100

3,900

3,200

7,200

4,600

4,800

4,400

4,400

4,500

4,100

4,000

4,300

4,100

3,700

3,400

3,800

3,600

3,500

3,700

3,300

3,300

3,500

3,300

3,500

3,300

3,000

3,500

3,500

4,600

2,800

3,100

3,500

1,700

4,200

4,200

4,200

4,100

Deferred income taxes

-500

41,500

300

-300

-100

1,700

-500

800

-400

-12,300

-500

-400

-400

-3,700

1,600

900

500

-10,200

4,300

0

0

28,500

1,000

0

-3,800

12,600

-300

9,700

300

-10,200

7,600

2,000

-8,800

-2,000

3,200

1,100

4,900

9,200

6,200

3,600

2,600

Accretion of debt discount

-

-

-

-

-

-

-

-

-

-

600

600

500

600

500

600

500

600

400

400

400

1,600

200

200

300

1,100

100

100

2,400

5,100

4,500

4,400

4,500

4,200

4,200

4,300

4,400

4,500

4,600

4,700

5,000

Amortization of deferred financing costs

-

-

-

-

-

-

-

-

-

-

500

600

500

600

800

500

500

900

400

300

400

-1,100

400

300

400

-300

600

700

700

300

800

800

600

700

600

600

600

600

600

700

800

Pension plan contributions

2,500

1,100

1,200

1,900

2,100

1,600

1,500

2,000

2,300

12,600

6,300

4,000

4,500

12,200

6,300

5,900

4,600

14,400

11,200

7,300

4,800

2,200

6,300

3,600

4,700

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Pension plan expenses

1,300

1,800

1,500

1,700

1,400

1,100

1,000

1,000

1,200

2,600

2,800

2,500

2,600

2,700

2,900

12,500

2,700

2,800

2,700

3,000

2,900

1,200

1,100

1,300

1,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in current assets and liabilities, net

-115,100

-

-193,700

385,300

-175,800

-

30,300

-80,400

124,900

-

80,600

-24,900

-1,800

-

-31,000

-36,100

-26,300

-

-10,000

15,000

15,500

-

76,300

-18,700

41,100

-

-19,700

7,000

4,600

-

7,100

-58,900

123,800

-

67,300

47,700

64,100

-

15,300

11,600

-17,200

Excess income tax benefit from employee stock plans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

100

400

1,100

1,100

900

2,700

100

300

0

1,200

0

0

400

2,700

700

400

2,000

3,800

-

-

-

-

Changes in current assets and liabilities, net
Other, net

7,500

3,800

7,100

800

900

1,000

4,800

-2,500

-1,000

-4,100

3,000

0

1,200

-2,000

2,400

1,600

4,300

2,200

600

-3,000

-800

0

1,700

2,100

-300

-1,800

1,100

300

-300

200

-1,900

-2,600

2,600

-3,200

-1,000

2,400

1,800

-

-

-

-

Net cash used in operating activities

-50,900

21,500

269,600

51,000

-114,200

34,900

33,500

140,500

-71,200

73,700

-27,000

85,600

51,500

40,500

89,000

84,400

65,200

-1,200

54,400

21,300

18,000

35,600

-18,100

78,700

8,000

137,100

83,700

62,500

51,200

17,000

66,700

123,900

-64,700

114,300

18,700

18,300

-5,500

29,700

54,200

36,600

74,700

Investing activities:
Acquisitions of businesses, net of cash acquired

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,300

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital expenditures, net

6,900

12,500

14,000

7,600

5,900

10,400

7,500

13,600

10,900

10,200

10,100

12,200

8,600

7,700

8,500

9,400

7,000

-600

7,100

11,200

10,900

9,800

13,400

8,100

9,000

8,300

6,000

8,800

9,100

7,700

7,900

8,600

10,000

6,600

5,300

8,400

6,100

4,200

5,300

6,000

4,100

Other

-

-

-

-

-

0

-5,000

0

-4,100

0

0

0

0

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-6,900

-9,600

-14,000

-7,600

-5,900

-10,600

-2,500

-163,500

-6,800

-10,200

-10,100

-12,200

-8,600

-7,700

-8,500

-14,100

-7,000

-833,300

15,900

346,700

-8,600

-9,800

-431,800

-8,100

-9,000

-8,300

-6,000

-8,800

-9,100

-7,200

-7,500

-64,800

-10,000

-600

133,900

-8,400

-6,100

-40,600

-5,300

-6,000

-4,100

Financing activities:
Proceeds from borrowings

648,700

864,600

1,030,700

1,089,700

1,241,500

1,155,600

898,000

607,500

531,300

519,100

428,500

460,700

435,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of borrowings

393,600

890,600

1,249,200

1,157,800

1,127,400

1,061,900

970,800

556,700

493,000

513,100

461,400

445,900

463,600

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Retirement of Notes due 2019

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

200,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17,600

359,100

-

134,800

162,000

346,800

388,500

536,500

295,000

330,400

296,400

277,900

412,900

774,000

892,600

73,600

186,900

185,900

200,600

202,600

341,100

279,400

394,700

263,700

208,600

162,200

Repayments of Canadian term loan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

46,100

450,600

-

133,700

422,300

151,500

411,600

716,500

342,500

263,600

280,600

308,500

465,400

554,400

946,500

92,400

358,100

151,300

263,900

280,300

330,100

198,800

202,800

299,900

187,700

87,600

Repayments of Canadian term loan

-

-

-

-

-

-

-

-

-

-

32,200

23,700

15,000

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of term loan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

23,100

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Retirement of Notes due 2013

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

300,000

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from stock options exercised

0

400

3,300

0

1,000

0

400

300

800

1,500

900

800

1,800

2,200

200

0

0

-

-

-

-

1,300

1,700

3,700

500

600

100

1,600

5,800

900

700

0

1,800

300

1,400

6,500

5,200

4,200

2,000

1,600

900

Excess income tax benefit from employee stock plans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

100

400

1,100

1,100

900

2,700

100

300

0

1,200

0

0

400

2,700

700

400

2,000

3,800

-

-

-

-

Purchases of common stock for treasury

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

41,200

Retirement of Convertible Notes due 2033 - debt component

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

11,600

16,200

21,100

-

-

-

-

Retirement of Convertible Notes due 2033 - equity component

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

18,100

26,800

-

-

-

-

Retirement of Notes due 2014

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

14,700

0

150,800

Other, net

-600

-600

-500

-800

-200

0

0

0

0

0

0

0

-200

0

0

-600

0

0

0

0

-1,000

0

0

0

-1,700

1,500

0

-200

-1,300

700

100

0

1,400

800

0

100

-900

-

-

-

-

Net cash provided by financing activities

254,500

-26,200

-215,700

-68,900

114,900

-16,200

-72,400

51,100

39,100

-21,800

-64,200

-8,100

-42,000

-45,400

-84,200

-52,200

-91,500

371,800

345,400

-261,400

-6,600

-22,900

416,000

-43,400

36,000

-148,900

-49,400

-51,100

-74,700

-55,700

-74,600

21,000

40,500

-62,500

-195,000

-18,800

40,800

23,100

-61,900

-17,000

-116,500

Increase (decrease) in cash and cash equivalents

196,700

-14,300

39,900

-25,500

-5,200

8,100

-41,400

28,100

-38,900

41,700

-101,300

65,300

900

-12,600

-3,700

18,100

-33,300

-462,700

415,700

106,600

2,800

2,900

-33,900

27,200

35,000

-20,100

28,300

2,600

-32,600

-45,900

-15,400

80,100

-34,200

51,200

-42,400

-8,900

29,200

12,200

-13,000

13,600

-45,900

Effect of exchange rate changes on cash balances

5,700

-1,800

3,800

500

1,200

3,000

900

3,600

1,600

-2,600

200

-5,500

2,200

2,600

-4,400

-200

-2,700

-900

-7,000

-1,600

6,400

1,000

600

4,400

-2,500

-4,500

-3,800

-3,900

1,900

-

-

-

-

-

-

-

-

-

-

-

-