Chemed corporation (CHE)
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'10
Cash Flows from Operating Activities
Net income

231,147

219,923

208,671

200,973

205,215

205,544

205,768

189,956

113,329

98,177

75,814

67,206

113,747

108,743

106,483

108,487

110,577

110,274

110,140

105,892

103,280

99,317

92,431

85,278

75,523

77,227

81,058

84,471

91,137

89,304

88,269

89,311

88,323

85,979

82,904

82,005

80,574

81,831

0

0

0

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

48,841

45,205

41,235

40,339

39,798

38,863

37,707

36,867

35,980

35,625

35,401

35,254

35,061

34,638

34,796

34,312

33,856

33,499

30,865

30,811

30,602

30,601

29,511

29,505

29,578

29,342

32,131

31,662

31,089

30,521

29,850

29,605

29,595

29,499

29,490

29,624

29,608

29,043

0

0

0

Stock option expense

15,787

14,831

13,980

13,324

13,047

12,611

12,107

11,735

11,137

10,485

9,809

9,545

8,768

8,330

8,104

7,498

6,564

5,445

4,972

5,136

4,937

4,802

4,740

5,392

5,860

6,042

6,153

6,921

7,683

8,130

8,182

8,193

8,381

8,376

8,300

7,860

7,644

7,762

0

0

0

Provision/(benefit) for deferred income taxes

3,009

-2,770

446

245

4,505

5,187

37,238

39,456

2,015

2,407

-37,352

-37,339

-4,920

-6,707

3,489

4,864

4,857

6,325

-1,346

-1,985

-2,597

6,978

10,323

4,567

534

-6,988

-8,024

-3,631

-435

-3,151

2,042

2,365

3,031

7,242

-131

-63

687

-2,409

0

0

0

Noncash long-term incentive compensation

6,219

5,740

5,413

4,969

4,803

5,405

5,062

4,933

4,668

3,774

3,352

2,888

2,433

1,301

3,726

4,449

5,405

6,644

4,336

3,974

3,130

2,569

2,128

1,181

1,062

1,301

0

0

0

-

-

-

-

2,595

0

0

0

-

-

-

-

Amortization of restricted stock awards

-

-

-

-

-

446

744

1,039

1,186

1,231

1,373

1,519

1,652

1,855

2,034

2,184

2,197

2,107

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for bad debts

0

-

-

-

-

-

-

-

-

17,306

17,140

16,445

16,326

16,319

15,279

14,637

14,685

14,247

14,700

14,458

13,673

13,173

12,269

11,924

11,244

10,907

10,019

9,813

9,833

9,111

9,226

8,928

8,697

8,563

8,470

8,580

8,717

9,078

0

0

0

Amortization of debt issuance costs

306

306

309

306

389

441

490

546

515

516

516

517

518

519

521

521

522

523

521

524

620

826

1,027

1,218

1,308

1,751

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Litigation settlement

-

6,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of discount on convertible notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,392

5,616

7,802

8,821

8,674

8,528

8,385

8,245

8,106

7,971

7,837

7,705

7,576

7,449

7,324

7,201

7,081

0

0

0

Changes in operating assets and liabilities:
Decrease/(increase) in accounts receivable

12,897

19,247

-351

16,126

7,242

5,570

21,825

10,789

15,309

-1,072

22,669

35,499

-16,880

42,142

-22,303

-5,475

11,992

-4,132

5,868

41,185

43,011

45,785

64,329

27,536

3

9,009

-11,281

4,133

26,178

24,421

-2,478

-27,624

25,976

-26,896

15,119

24,758

14,288

68,656

0

0

0

Decrease/(increase) in inventories

998

1,757

1,571

620

1,021

351

105

78

-159

-421

-443

-502

-669

-559

-444

-130

-68

142

156

-610

-510

-535

-344

700

117

-355

-910

-1,990

-1,909

-1,610

-1,249

-536

501

940

903

670

324

151

0

0

0

Decrease in prepaid expenses

2,286

3,491

7,983

4,853

3,704

2,665

1,932

1,527

2,945

2,987

1,180

-779

-204

253

3,004

3,388

2,177

1,290

-2,032

-9,156

-8,907

-6,362

-4,264

7,601

6,337

6,317

7,775

2,727

2,963

38

-176

393

38

1,124

-123

-308

-577

-332

0

0

0

(Decrease)/increase in accounts payable and other current liabilities

21,032

28,417

25,375

19,669

17,194

8,935

22,624

4,912

15,745

12,890

8,810

-1,161

-2,308

891

-10,411

-2,549

2,447

476

8,792

5,426

-3,281

-26,304

-38,787

-8,445

7,997

39,860

49,467

23,268

8,150

4,954

403

1,613

6,846

-1,397

3,985

4,172

2,054

13,810

0

0

0

Change in current income taxes

1,101

161

-5,041

6,513

14,475

18,898

-14,678

-18,950

-27,117

-26,104

17,731

13,759

9,093

13,886

5,882

5,837

8,096

344

6,142

1,671

17,653

11,279

3,802

5,172

-7,278

-2,461

6,651

6,640

627

6,020

-8,253

-2,059

8,501

2,708

10,349

1,661

609

4,825

0

0

0

Net change in lease assets and liabilities

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Decrease/(increase) in other assets

1,909

11,963

4,248

4,530

6,287

5,544

11,533

9,845

10,453

8,330

5,768

5,740

7,774

5,224

5,136

1,454

-3,178

47

2,236

4,250

6,515

4,769

4,643

4,341

4,505

6,507

6,261

7,834

4,620

5,203

4,142

640

3,996

4,009

6,029

8,115

6,393

4,398

0

0

0

(Decrease)/increase in other liabilities

-172

12,354

5,306

4,395

6,152

3,451

9,705

9,696

10,327

8,561

6,316

6,714

9,237

7,105

7,631

2,499

-1,389

1,320

3,638

6,806

7,973

8,484

8,105

6,956

6,511

6,713

5,659

8,237

6,370

8,329

7,629

4,527

6,562

4,548

5,606

7,575

6,502

5,999

0

0

0

Excess tax benefit on stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

7,195

8,542

11,427

12,042

14,042

9,909

7,304

6,673

5,172

5,212

3,370

3,490

3,982

3,228

4,844

4,529

3,435

3,200

1,584

2,756

3,854

4,902

4,894

4,117

3,357

0

0

0

Other sources

900

1,399

1,588

1,372

1,613

721

357

168

576

1,419

1,748

1,926

1,377

480

882

947

957

1,145

2,262

1,782

1,578

1,040

-883

-766

-626

-413

-453

267

-193

-306

213

-871

-672

-548

-536

-423

-441

-407

0

0

0

Net cash provided by operating activities

316,990

301,249

294,175

275,009

295,530

287,138

202,114

183,207

158,902

162,495

198,029

162,269

196,956

135,393

186,769

175,310

166,349

171,500

172,354

134,804

134,499

110,279

65,998

111,294

130,860

150,847

190,289

161,779

129,528

131,768

143,744

177,871

136,183

174,343

135,958

116,862

126,902

86,012

0

0

0

Cash Flows from Investing Activities
Capital expenditures

59,053

53,022

56,071

57,312

54,090

52,872

50,607

60,039

67,928

64,300

60,311

47,922

37,319

39,772

43,649

45,272

47,055

44,135

42,020

42,963

43,993

43,571

42,182

36,578

32,049

29,324

27,650

28,978

28,640

35,252

32,622

33,106

35,437

29,592

29,991

28,657

26,388

25,639

0

0

0

Business combinations

0

-

-

-

-

53,177

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

250

0

0

0

-

-

-

-

5,900

0

0

0

-

-

-

-

-

-

-

-

Proceeds from sales of property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Other uses

-196

-272

-445

-154

-575

-824

-1,781

-1,863

-1,668

-1,417

-140

217

313

90

78

-251

-234

-432

-501

-497

-616

-294

-285

-326

-186

-235

-79

-212

-235

-468

-499

-368

438

858

973

1,264

544

592

0

0

0

Net cash used by investing activities

-198,319

-190,760

-233,938

-108,460

-105,242

-105,225

-65,901

-64,251

-72,435

-67,608

-60,696

-48,664

-37,632

-39,862

-43,727

-45,021

-53,435

-50,317

-48,133

-49,080

-43,377

-43,527

-42,194

-37,258

-34,370

-31,346

-29,781

-34,667

-33,890

-40,684

-37,998

-34,213

-39,954

-34,114

-44,092

-43,049

-36,428

-35,700

0

0

0

Cash Flows from Financing Activities
Proceeds from revolving line of credit

531,900

482,900

442,100

334,000

460,350

469,550

456,800

434,900

230,650

212,350

200,550

170,450

184,050

127,050

110,200

92,400

125,000

103,200

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments on revolving line of credit

471,900

482,100

442,100

352,400

430,350

406,550

331,800

376,500

225,650

211,150

220,550

185,450

174,550

102,050

130,200

97,400

134,500

153,200

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of treasury stock

143,616

92,631

108,834

146,506

127,009

158,884

121,976

93,881

121,503

94,640

94,640

93,039

104,115

102,313

0

0

0

-

-

-

-

110,019

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

109,330

0

0

0

Change in cash overdrafts payable

-473

-3,927

6,241

890

-8,163

-1,531

-468

7,079

8,636

6,700

-10,967

3,614

-16,404

-736

2,660

174

7,412

-1,177

-14,264

3,402

7,817

9,714

21,746

-286

-7,881

-11,415

-5,705

-10,669

-1,467

1,924

-6,422

7,973

7,710

-826

1,900

-7,081

-7,675

-581

0

0

0

Proceeds from exercise of stock options

31,794

34,380

32,716

28,720

35,316

32,412

38,546

36,903

30,380

27,092

15,421

15,286

11,169

8,421

8,856

10,913

13,412

15,424

12,980

15,862

15,616

23,910

26,120

20,656

20,147

17,122

14,952

21,198

21,436

12,310

10,540

4,008

5,431

8,036

9,674

9,550

6,302

5,327

0

0

0

Capital stock surrendered to pay taxes on stock-based compensation

25,255

28,474

28,893

21,410

32,341

27,548

31,349

29,529

15,856

14,223

9,358

9,325

9,496

8,772

11,559

15,021

14,290

15,734

12,629

9,857

10,072

7,524

7,189

4,622

4,875

5,348

5,142

6,722

6,056

4,098

-103,136

-19,921

-18,913

3,916

0

0

0

-

-

-

-

Dividends paid

20,119

19,788

19,469

19,213

18,928

18,662

18,342

17,991

17,653

17,371

17,103

16,796

16,609

16,439

16,278

16,185

15,943

15,605

15,239

14,957

14,695

14,255

14,247

14,130

14,084

14,148

13,844

13,641

13,321

13,026

12,786

12,731

12,633

12,538

12,592

12,367

12,119

11,881

0

0

0

Payments on other long-term debt

-

-

-

-

-

75,000

77,500

80,000

9,375

8,750

8,125

7,500

7,500

7,500

7,500

7,500

6,875

6,250

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,108

0

0

0

-

-

-

-

2,657

0

0

0

-

-

-

-

Excess tax benefit on stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

7,195

8,542

11,427

12,042

14,042

9,909

7,304

6,673

5,172

5,212

3,370

3,490

3,982

3,228

4,844

4,529

3,435

3,200

1,584

2,756

3,854

4,902

4,894

4,117

3,357

0

0

0

Other (uses)/sources

-819

478

-324

109

-529

-938

-551

-54

541

916

804

-378

-350

196

26

-430

-489

-1,965

-2,089

-1,420

-1,300

-1,018

-695

-658

-870

-788

-470

-3

-286

445

168

-346

-18

-48

301

438

309

297

0

0

0

Net cash used by financing activities

-98,488

-109,162

-118,630

-175,894

-195,206

-188,203

-87,625

-120,041

-119,830

-99,076

-139,747

-117,326

-127,510

-94,948

-160,207

-145,520

-126,014

-120,588

-104,333

-80,932

-102,266

-137,038

-88,446

-159,170

-129,967

-104,614

-146,600

-74,031

-56,896

-59,634

-57,792

-134,633

-121,760

-152,065

-207,981

-131,952

-142,848

-112,811

0

0

0

Increase in Cash and Cash Equivalents

20,183

1,327

-58,393

-9,345

-4,918

-6,290

48,588

-1,085

-33,363

-4,189

-2,414

-3,721

31,814

583

-17,165

-15,231

-13,100

595

19,888

4,792

-11,144

-70,286

-64,642

-85,134

-33,477

14,887

13,908

53,081

38,742

31,450

47,954

9,025

-25,531

-11,836

-116,115

-58,139

-52,374

-62,499

0

0

0