| Aug'19 | Aug'18 | Aug'17 | Aug'16 | Aug'15 | Aug'14 | Aug'13 | Aug'12 | Aug'11 | Aug'10 | Aug'09 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||||
Net income | ||||||||||
330,400 | 349,600 | 321,700 | 290,800 | 222,100 | 175,800 | 127,400 | 116,300 | 105,500 | 79,600 | 84,900 |
Subtract: Income from Discontinued Operations | ||||||||||
- | - | - | - | - | - | - | - | - | 600 | -300 |
Income from Continuing Operations | ||||||||||
- | - | - | - | - | - | - | - | - | 79,000 | 85,200 |
Adjustments to reconcile net income to net cash flows from operating activities: | ||||||||||
Depreciation and amortization | ||||||||||
88,300 | 80,300 | 74,600 | 62,600 | 45,800 | 43,400 | 40,800 | 39,800 | 40,100 | 36,500 | 35,700 |
Share-based payment expense | ||||||||||
29,200 | 32,300 | 32,000 | 27,700 | 18,200 | 17,700 | 16,500 | 15,900 | 14,200 | 9,000 | 10,200 |
Excess tax benefits from share-based payments | ||||||||||
- | - | - | - | 17,600 | 10,400 | 8,600 | 4,900 | 5,300 | 2,800 | 400 |
Loss on early debt extinguishment | ||||||||||
- | - | - | - | - | - | - | - | - | -10,500 | 0 |
Loss on sale or disposal of property, plant, and equipment | ||||||||||
-900 | -600 | -300 | 900 | -700 | -300 | 2,500 | -500 | -400 | -500 | 0 |
Asset impairments | ||||||||||
- | - | - | 5,100 | 0 | 100 | 300 | 300 | 300 | 5,100 | 1,600 |
Deferred income taxes | ||||||||||
9,300 | -38,200 | -7,700 | -8,200 | 2,800 | -200 | 6,500 | 6,200 | 10,300 | 7,400 | -400 |
Gain (Loss) on Disposition of Business | ||||||||||
0 | 5,400 | 0 | 0 | - | - | - | - | - | - | - |
Gain on Sale of Investments | ||||||||||
0 | 0 | 7,200 | 0 | 0 | - | - | - | - | - | - |
Loss on financial instruments, net | ||||||||||
- | - | - | - | -2,600 | 0 | 0 | - | - | - | - |
Other non-cash items | ||||||||||
- | - | - | - | - | - | - | -100 | -100 | 0 | 0 |
Change in assets and liabilities, net of effect of acquisitions, divestitures, and exchange rate changes: | ||||||||||
Accounts receivable | ||||||||||
-97,700 | 62,800 | -2,700 | 94,600 | 46,100 | 55,400 | 54,800 | 2,300 | -2,900 | 29,200 | -43,200 |
Inventories | ||||||||||
-70,800 | 74,400 | 32,400 | 24,000 | 15,100 | 9,000 | 6,500 | 28,600 | 5,300 | 8,600 | -10,300 |
Prepayments and other current assets | ||||||||||
34,000 | -700 | -6,000 | 10,500 | -700 | 6,600 | -1,900 | 2,200 | -700 | -1,800 | -12,200 |
Accounts payable | ||||||||||
-111,500 | 52,500 | -4,600 | 65,300 | 23,100 | 37,600 | 15,200 | 29,600 | 5,500 | 33,500 | -44,400 |
Other current liabilities | ||||||||||
-11,900 | 19,100 | -63,500 | 60,600 | 59,300 | 59,800 | 7,700 | 9,700 | 500 | 21,800 | -62,500 |
Other | ||||||||||
-25,500 | 2,800 | -14,700 | -14,000 | 7,600 | 20,000 | 11,600 | 8,200 | 8,800 | 4,000 | -2,000 |
Net cash provided by operating activities | ||||||||||
494,700 | 351,500 | 336,600 | 387,900 | 288,900 | 233,100 | 132,300 | 172,200 | 161,100 | 160,500 | 92,700 |
Cash flows from investing activities: | ||||||||||
Purchases of property, plant, and equipment | ||||||||||
53,000 | 43,600 | 67,300 | 83,700 | 56,500 | 35,300 | 40,600 | 31,400 | 23,300 | 21,900 | 21,200 |
Proceeds from sale of property, plant, and equipment | ||||||||||
0 | 0 | 5,500 | 2,200 | 1,300 | 1,000 | 7,600 | 100 | 1,200 | 200 | 200 |
Acquisition of businesses, net of cash acquired | ||||||||||
2,900 | 163,200 | 0 | 623,200 | 14,600 | 0 | 25,500 | 3,800 | 90,400 | 22,600 | 162,100 |
Proceeds from sale of business | ||||||||||
0 | 1,100 | 0 | 0 | - | - | - | - | - | - | - |
Proceeds from sale of investment in unconsolidated affiliate | ||||||||||
0 | 0 | 13,200 | 0 | 0 | - | - | - | - | - | - |
Other investing activities | ||||||||||
-2,900 | -1,700 | 200 | 0 | 2,600 | 0 | 0 | - | - | - | - |
Net cash used for investing activities | ||||||||||
-53,000 | -204,000 | -48,800 | -704,700 | -72,400 | -34,300 | -58,500 | -35,100 | -112,500 | -44,300 | -183,100 |
Cash flows from financing activities: | ||||||||||
Borrowings on credit facility | ||||||||||
86,500 | 395,400 | 0 | 0 | - | - | - | - | - | - | - |
Repayments of borrowings on credit facility | ||||||||||
86,500 | 395,400 | 0 | 0 | - | - | - | - | - | - | - |
Repayments of long-term debt | ||||||||||
400 | 400 | - | - | - | - | - | - | - | 237,900 | 162,400 |
(Repayments) issuances of long-term debt | ||||||||||
- | - | 1,000 | 2,500 | 0 | 0 | - | - | - | 346,500 | 0 |
Repurchases of common stock | ||||||||||
81,600 | 298,400 | 357,900 | 0 | 0 | - | - | 9,200 | 61,000 | 36,100 | 0 |
Proceeds from stock option exercises and other | ||||||||||
600 | 1,700 | 3,000 | 14,200 | 11,600 | 8,400 | 14,900 | 7,600 | 6,500 | 6,500 | 3,000 |
Payments of taxes withheld on net settlement of equity awards | ||||||||||
6,000 | 8,200 | 15,200 | 16,600 | - | - | - | - | - | - | - |
Excess tax benefits from share-based payments | ||||||||||
- | - | - | - | 17,600 | 10,400 | 8,600 | 4,900 | 5,300 | 2,800 | 400 |
Dividends paid | ||||||||||
20,800 | 21,400 | 22,700 | 22,900 | 22,700 | 22,500 | 22,400 | 22,000 | 22,600 | 22,600 | 21,600 |
Other financing activities | ||||||||||
- | - | - | - | -10,400 | -2,600 | 0 | 0 | - | - | - |
Net cash provided by (used for) financing activities | ||||||||||
-108,200 | -326,700 | -391,800 | -22,800 | -3,900 | -6,300 | 1,100 | -18,700 | -71,800 | 59,200 | -180,600 |
Effect of exchange rate changes on cash and cash equivalents | ||||||||||
-1,600 | -2,800 | 1,900 | -4,000 | -8,300 | 900 | -300 | -4,100 | 2,400 | -3,100 | -7,100 |
Net change in cash and cash equivalents | ||||||||||
331,900 | -182,000 | -102,100 | -343,600 | 204,300 | 193,400 | 74,600 | 114,300 | -20,800 | 172,300 | -278,400 |
Net Cash (Used for) Provided by Operating Activities | ||||||||||
- | - | - | - | - | - | - | - | - | - | -300 |
Net Cash Used for Discontinued Operations | ||||||||||
- | - | - | - | - | - | - | - | - | - | -300 |
Supplemental cash flow information: | ||||||||||
Income taxes paid during the period | ||||||||||
92,900 | 126,600 | 173,600 | 120,700 | 106,300 | 77,400 | 46,800 | 50,700 | 34,200 | 32,700 | 40,500 |
Interest paid during the period | ||||||||||
35,600 | 36,700 | 33,600 | 32,800 | 32,200 | 32,500 | 31,300 | 31,600 | 29,900 | 30,800 | 29,100 |