C.H. ROBINSON WORLDWIDE, INC. CHRW Cash Flow

C.h. robinson worldwide, inc. (CHRW)

CashFlow / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09	Dec'08	Dec'07
OPERATING ACTIVITIES
Net income
576,968	664,505	504,893	513,384	509,699	449,711	415,904	593,804	431,612	387,026	360,830	359,177	324,261
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
100,449	96,729	92,977	74,669	66,409	57,009	56,882	38,090	32,498	29,369	30,514	31,164	27,366
Provision for credit losses
5,853	15,634	13,489	5,136	11,538	15,092	15,587	10,459	9,052	13,922	16,685	14,329	6,745
Stock-based compensation
39,083	87,791	41,805	37,565	57,661	47,861	9,094	59,381	38,601	37,047	21,267	20,804	38,002
Gain on divestiture
-	-	-	-	-	1,848	0	281,551	0	0	-	-	-
Deferred income taxes
-2,407	-15,315	-28,096	15,009	-17,095	-3,117	25,226	-14,442	5,750	7,574	-630	2,951	-8,915
Excess tax benefit on stock-based compensation
8,492	10,388	13,657	18,462	8,548	-	-	-	-	-	-	-	-
Other operating activities
3,830	-1,815	-4,491	-1,907	-7,409	-710	-314	-513	-765	-2,411	-643	-	-
Loss on disposal of assets
-	-	-	-	-	-	-	-3,208	-848	-634	-254	-255	-309
Other long-term liabilities
-	-	-	-	-	-	5	-	-	-	-	0	0
Changes in operating elements (net of acquisitions):
Receivables
-208,312	190,048	364,181	173,211	-107,560	137,102	87,316	88,107	162,688	164,114	57,855	-100,171	153,232
Contract assets
-26,761	11,871	0	0	-	-	-	-	-	-	-	-	-
Prepaid expenses and other
29,871	-16,029	9,173	6,378	228	-6,294	5,254	-5,260	11,574	-1,880	12,904	-203	5,206
Other non-current assets
-	-	-	3,934	-741	-380	0	0	-	-	-	-	-
Accounts payable and outstanding checks
-17,968	36,083	144,041	115,917	-53,272	40,251	47,488	61,732	68,039	14,684	21,854	-70,903	70,456
Accrued compensation
-40,757	47,011	7,209	-47,570	18,580	40,236	-15,097	-19,064	20,008	6,658	-1,865	-6,794	5,506
Accrued transportation expense
-18,626	25,175	0	0	-	-	-	-	-	-	-	-	-
Accrued income taxes
-12,636	21,176	18,817	19,921	13,726	-4,370	-105,857	104,542	-6,688	2,526	-	-	-
Other accrued liabilities
8,937	7,200	-9,515	-4,545	4,156	2,319	-9,199	-13,483	3,489	5,162	-	-	-
Other assets and liabilities
-3,643	-1,370	19,099	-	-	-	-	-	-	-	-	-	-
Accrued income taxes and other
-	-	-	-	-	-	-	-	-	-	6,222	3,778	-3,138
Net cash provided by operating activities
835,419	792,896	384,001	529,408	718,336	513,426	347,777	460,342	429,712	344,779	372,571	447,579	308,430
INVESTING ACTIVITIES
Purchases of property and equipment
36,290	45,000	40,122	73,452	28,115	22,364	40,354	36,096	35,932	17,718	30,362	23,035	43,713
Purchases and development of software
34,175	18,871	17,823	17,985	16,527	7,138	7,852	14,560	16,874	10,959	4,104	713	-
Cash received for divestiture, net of cash sold
-	-	-	-	-	-	-	-274,802	0	0	-	-	-
Acquisitions, net of cash acquired
59,200	5,315	49,068	220,203	369,833	0	-19,126	583,631	0	0	41,145	59,661	22,220
Purchases of available-for-sale securities
-	-	-	-	-	-	-	-	-	10,752	52,437	136,954	204,020
Sales/maturities of available-for-sale securities
-	-	-	-	-	-	-	-	9,311	53,111	3,975	251,074	214,299
Restricted cash
-	-	-	-	-359,388	359,388	0	0	-5,000	5,000	0	0	-
Other investing activities
-16,636	3,622	521	1,348	-641	6	-221	-419	-182	84	-185	-769	68
Net cash used for investing activities
-113,029	-72,808	-107,534	-312,988	-54,446	-388,896	-28,859	-359,066	-38,313	8,598	-123,888	31,480	-55,722
FINANCING ACTIVITIES
Proceeds from stock issued for employee benefit plans
63,092	51,285	38,130	19,271	15,557	11,942	15,166	18,868	18,936	24,057	17,741	23,327	13,740
Stock tendered for payment of withholding taxes
15,115	21,264	21,557	36,678	11,368	12,604	50,144	10,782	9,340	6,324	-	-	-
Payment of contingent purchase price
-	-	-	-	-	-	927	12,661	4,318	0	0	9,383	0
Repurchase of common stock
309,444	300,991	185,485	172,925	229,863	164,041	757,305	245,067	240,934	151,057	266,906	200,846	167,323
Cash dividends
277,786	265,219	258,222	245,430	235,615	215,008	220,257	275,353	194,697	168,902	162,865	151,195	125,183
Excess tax benefit on stock-based compensation
-	-	-	18,462	8,548	7,558	27,209	12,294	15,255	13,092	9,966	12,057	16,668
Debt issuance costs
-	-	-	-	-	1,484	0	0	-	-	-	-	-
Proceeds from long-term borrowings
1,298,000	591,012	250,000	0	0	-	500,000	0	0	-	-	-	-
Payments on long-term borrowings
1,505,000	0	0	-	-	-	-	-	-	-	-	-	-
Proceeds from short-term borrowings
185,000	2,674,000	8,784,000	6,600,000	6,833,000	4,823,000	4,165,023	324,051	0	0	1,341	8,888	23,559
Payments on short-term borrowings
90,000	3,384,000	8,809,000	6,310,000	6,988,000	4,593,000	4,043,669	75,688	0	0	1,341	8,888	23,559
Net cash used for financing activities
-651,253	-655,177	-202,134	-127,300	-607,741	-143,637	-364,904	-264,338	-415,098	-289,134	-402,064	-326,040	-262,098
Effect of exchange rates on cash
-1,894	-20,186	11,891	-9,683	-16,860	-14,000	-1,986	-588	-1,239	-2,944	-4,054	2,839	-317
Net change in cash and cash equivalents
69,243	44,725	86,224	79,437	39,289	-33,107	-47,972	-163,650	-24,938	61,299	-157,435	155,858	-9,707
Supplemental cash flow disclosures
Stock issued for acquisition
-	-	-	-	-	-	-	60,152	0	0	-	-	-
Cash paid for income taxes
219,029	215,644	262,861	269,187	311,800	271,979	313,799	257,580	256,437	203,398	224,750	202,246	190,517
Cash paid for interest
50,854	47,544	37,871	28,908	28,537	27,066	3,875	518	1,274	21	189	426	172
Accrued share repurchases held in other accrued liabilities
0	3,000	500	5,988	2,250	0	-	-	-	-	-	-	-