C.h. robinson worldwide, inc. (CHRW)
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'10Dec'09Sep'09Jun'09Mar'09
OPERATING ACTIVITIES
Net income

493,326

576,968

665,012

694,013

683,996

664,505

629,911

573,202

525,110

504,893

474,640

484,482

516,501

513,384

517,664

528,068

522,186

509,699

496,063

481,612

463,000

449,711

429,716

412,472

405,748

415,904

579,344

587,937

590,647

593,804

446,626

444,643

441,084

431,612

425,559

413,839

400,042

387,026

371,599

364,432

359,459

360,830

0

0

0

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

100,282

100,449

99,449

97,892

97,048

96,729

96,039

96,079

94,787

92,977

91,293

84,987

80,225

74,669

69,612

68,786

67,041

66,409

63,080

60,342

58,703

57,009

58,272

58,279

57,624

56,882

54,061

48,834

43,480

38,090

34,865

34,407

33,776

32,498

30,970

29,967

28,949

29,369

30,432

30,561

30,592

30,514

0

0

0

Provision for credit losses

9,754

5,853

3,943

9,803

10,778

15,634

14,646

14,875

16,501

13,489

13,574

10,661

8,669

5,136

2,301

4,629

7,632

11,538

11,150

13,017

12,813

15,092

21,181

21,080

19,564

15,587

12,639

12,486

7,906

10,459

10,279

8,598

11,501

9,052

9,396

10,925

13,682

13,922

14,501

13,836

15,464

16,685

0

0

0

Stock-based compensation

33,357

39,083

59,973

74,894

86,780

87,791

85,771

69,667

47,621

41,805

31,448

28,622

34,704

37,565

44,775

52,427

57,504

57,661

57,812

62,457

58,404

47,861

31,799

15,632

8,772

9,094

49,160

52,707

54,730

59,381

27,604

32,551

35,857

38,601

46,553

47,275

44,893

37,047

26,648

21,981

20,304

21,267

0

0

0

Gain on divestiture

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,848

1,848

1,848

1,848

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-421

-2,407

-12,881

-11,623

-15,653

-15,315

-27,111

-32,122

-26,074

-28,096

-13,602

-6,983

-2,389

15,009

13,093

1,689

-2,171

-17,095

-12,374

-10,791

-9,448

-3,117

-2,569

5,127

4,680

25,226

10,398

8,008

8,709

-14,442

9,512

9,911

11,724

5,750

-3,114

-3,636

2,641

7,574

12,390

14,633

3,739

-630

0

0

0

Excess tax benefit on stock-based compensation

7,771

8,492

7,951

12,537

21,070

10,388

11,094

-4,428

-1,911

13,657

13,163

13,941

13,979

18,462

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other operating activities

3,618

3,830

4,006

-2,108

-2,068

-1,815

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-314

-425

-501

-326

-513

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Loss on disposal of assets

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-1,038

-949

-3,225

-3,208

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating elements (net of acquisitions):
Receivables

42,550

-208,312

-182,312

-113,747

62,272

190,048

255,153

334,119

279,033

364,181

412,678

323,863

310,710

173,211

-8,798

-101,193

-177,454

-107,560

-30,817

-36,569

-4,022

137,102

96,818

149,981

181,772

87,316

82,214

57,415

101,786

88,107

157,055

112,844

81,155

162,688

105,235

172,228

187,118

164,114

272,745

231,758

203,100

57,855

0

0

0

Contract assets

-41,395

-26,761

-50,843

-3,232

4,528

11,871

53,647

34,483

13,264

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other

34,542

29,871

17,651

5,701

-3,335

-16,029

-4,890

-5,799

-3,203

9,173

-6,447

-3,042

5,049

6,378

6,029

-508

-5,033

228

-4,028

-706

-9,941

-6,294

-1,130

7,322

9,382

5,254

3,163

1,255

7,698

-5,260

11,069

8,754

6,696

11,574

-1,903

-1,245

-2,203

-1,880

347

6,240

10,496

12,904

0

0

0

Other non-current assets

-

-

-

-

-

-

-

-

-

-

3,361

3,335

4,950

3,934

2,176

1,610

694

-741

-234

-846

-1,614

-380

-270

-270

-201

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable and outstanding checks

91,720

-17,968

-80,698

-28,309

3,544

36,083

98,541

110,681

118,637

144,041

188,559

198,204

185,901

115,917

17,201

-57,320

-97,160

-53,272

-3,837

-23,967

-26,696

40,251

11,387

68,116

84,302

47,488

53,330

31,756

69,832

61,732

68,982

67,803

29,476

68,039

60,487

54,153

59,421

14,684

78,729

92,567

106,286

21,854

0

0

0

Accrued compensation

22,623

-40,757

-13,461

-6,584

-2,381

47,011

28,464

23,181

7,206

7,209

-3,567

-9,894

-1,003

-47,570

-27,940

-10,422

-1,142

18,580

13,593

14,346

13,535

40,236

30,984

14,043

-3,185

-15,097

-13,857

-2,785

680

-19,064

-16,717

-12,097

-2,271

20,008

28,065

21,912

11,605

6,658

-2,561

-4,112

47

-1,865

0

0

0

Accrued transportation expense

-33,251

-18,626

-42,313

-1,096

15,397

25,175

62,165

45,420

17,109

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued income taxes

-46,518

-12,636

4,887

6,057

25,070

21,176

20,191

20,700

2,052

18,817

13,746

-13,500

39,138

19,921

10,000

36,102

-1,932

13,726

10,714

4,162

11,797

-4,370

-9,140

-23,528

38,171

-105,857

9,826

25,853

-45,199

104,542

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Other accrued liabilities

8,965

8,937

2,466

2,089

14,129

7,200

11,207

4,373

1,218

-9,515

-5,100

-8,401

-11,316

-4,545

1,661

6,666

3,555

4,156

666

-3,693

929

2,319

-4,849

4,858

-3,259

-9,199

-13,321

-17,440

-18,093

-13,483

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Other assets and liabilities

-4,236

-3,643

2,053

1,331

-568

-1,370

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued income taxes and other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-7,793

690

5,379

6,222

0

0

0

Net cash provided by operating activities

636,987

835,419

887,871

940,952

849,257

792,896

694,535

542,460

491,875

384,001

370,929

432,158

517,954

529,408

630,721

714,401

722,091

718,336

672,547

636,254

599,381

513,426

470,170

417,874

420,267

347,777

376,115

408,585

325,208

460,342

403,313

460,886

454,183

429,712

501,198

413,760

393,467

344,779

267,336

296,107

317,813

372,571

0

0

0

INVESTING ACTIVITIES
Purchases of property and equipment

35,512

36,290

35,867

41,205

41,900

45,000

43,784

36,586

38,304

40,122

49,459

64,074

73,868

73,452

64,923

50,056

37,341

28,115

22,390

19,046

15,135

22,364

31,784

36,898

42,733

40,354

35,861

37,009

34,953

36,096

46,626

41,602

40,157

35,932

21,120

21,463

20,488

17,718

18,242

20,125

21,642

30,362

0

0

0

Purchases and development of software

35,791

34,175

29,360

24,147

20,373

18,871

17,330

18,472

18,384

17,823

17,285

16,357

16,464

17,985

18,019

18,957

18,460

16,527

14,787

11,237

8,438

7,138

7,322

7,555

7,891

7,852

10,140

11,254

12,060

14,560

15,990

16,389

16,839

16,874

14,923

14,254

13,451

10,959

0

0

0

-

-

-

-

Acquisitions, net of cash acquired

238,674

59,200

63,188

62,379

49,458

5,315

1,937

48,603

47,288

49,068

48,446

221,983

221,983

220,203

222,928

690

690

369,833

367,108

369,143

369,143

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of available-for-sale securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,752

51,274

63,189

60,978

52,437

0

0

0

Sales/maturities of available-for-sale securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,311

34,192

49,432

54,957

53,111

29,442

14,819

9,706

3,975

0

0

0

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-359,388

0

0

0

359,388

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other investing activities

-16,628

-16,636

-14,608

2,068

2,888

3,622

2,330

972

1,303

521

409

2,038

522

1,348

629

125

591

-641

-101

-87

-188

6

-428

-382

-446

-221

-434

-334

-458

-419

-227

-369

-168

-182

-89

52

41

84

40

-119

-160

-185

0

0

0

Net cash used for investing activities

-293,349

-113,029

-113,807

-129,799

-114,619

-72,808

-65,381

-104,633

-105,279

-107,534

-115,599

-304,452

-312,837

-312,988

-306,499

-69,828

-57,082

-54,446

-404,184

-399,339

-392,528

-388,896

-38,678

-44,071

-31,052

-28,859

-335,270

-337,632

-355,384

-359,066

-62,389

-52,622

-50,844

-38,313

3,238

13,663

13,766

8,598

-51,668

-109,170

-119,478

-123,888

0

0

0

FINANCING ACTIVITIES
Proceeds from stock issued for employee benefit plans

54,746

63,092

45,303

43,391

46,403

51,285

61,284

54,162

46,804

38,130

26,538

26,953

28,104

19,271

18,524

17,831

15,633

15,557

15,165

14,383

14,170

11,942

12,082

12,285

12,449

15,166

17,925

18,430

18,643

18,868

17,649

17,892

19,371

18,936

25,952

26,928

25,896

24,057

16,725

13,577

16,996

17,741

0

0

0

Stock tendered for payment of withholding taxes

16,868

15,115

15,013

15,051

15,215

21,264

21,414

20,824

20,693

21,557

21,204

23,171

23,363

36,678

36,608

34,311

34,314

11,368

11,828

11,506

10,978

12,604

11,742

13,523

14,161

50,144

50,792

50,671

50,586

10,782

10,877

10,496

10,490

9,340

0

0

0

-

-

-

-

-

-

-

-

Payment of contingent purchase price

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

927

1,975

1,975

1,975

12,661

11,613

11,613

12,081

4,318

4,318

4,318

3,850

0

0

0

0

-

-

-

-

Repurchase of common stock

310,383

309,444

340,200

355,116

320,915

300,991

257,588

234,488

204,186

185,485

193,831

198,171

180,675

172,925

177,833

185,188

213,182

229,863

199,993

205,095

199,971

164,041

219,098

709,742

714,325

757,305

741,333

236,016

224,557

245,067

246,540

281,918

260,924

240,934

202,501

126,415

128,356

151,057

199,989

229,163

279,730

266,906

0

0

0

Cash dividends

277,915

277,786

277,926

273,670

269,579

265,219

260,615

259,975

259,007

258,222

247,066

246,716

246,139

245,430

255,296

248,618

242,168

235,615

228,866

224,616

219,923

215,008

210,717

212,135

216,204

220,257

279,210

279,233

277,101

275,353

211,652

206,286

200,571

194,697

188,511

181,828

175,344

168,902

167,551

166,653

165,701

162,865

0

0

0

Excess tax benefit on stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

18,462

18,457

17,612

17,533

8,548

8,654

8,400

8,147

7,558

7,231

7,652

7,908

27,209

28,643

29,395

29,849

12,294

12,119

11,856

13,743

15,255

16,562

19,848

18,212

13,092

11,411

10,037

10,374

9,966

0

0

0

Proceeds from short-term borrowings

936,600

185,000

100,000

270,000

569,000

2,674,000

4,924,000

6,920,000

8,453,000

8,784,000

8,633,000

8,042,000

7,570,000

6,600,000

5,740,000

5,780,000

6,288,000

6,833,000

6,833,000

6,281,000

5,623,000

4,823,000

4,609,000

4,466,000

4,382,023

4,165,023

3,378,074

2,458,074

1,332,051

324,051

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Payments on short-term borrowings

658,600

90,000

100,000

336,000

1,220,000

3,384,000

5,643,000

7,446,000

8,542,000

8,809,000

8,639,000

7,915,000

7,300,000

6,310,000

5,545,000

5,945,000

6,448,000

6,988,000

6,648,000

6,051,000

5,403,000

4,593,000

4,614,000

4,431,652

4,362,652

4,043,669

3,033,357

2,097,705

946,705

75,688

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used for financing activities

-479,420

-651,253

-676,836

-754,446

-619,294

-655,177

-606,321

-396,113

-276,082

-202,134

-190,308

-60,747

-147,438

-127,300

-237,756

-597,674

-616,498

-607,741

-233,352

-189,918

-190,039

-143,637

-427,244

-381,115

-404,962

-364,904

-182,025

-159,701

-120,381

-264,338

-450,914

-480,565

-450,952

-415,098

-367,751

-278,973

-275,745

-289,134

-339,404

-372,202

-418,061

-402,064

0

0

0

Effect of exchange rates on cash

-15,119

-1,894

-10,605

-11,975

-19,653

-20,186

-22,339

-4,321

9,474

11,891

7,836

-860

-7,291

-9,683

-5,104

-11,267

-4,888

-16,860

-19,640

-19,761

-23,844

-14,000

-6,255

1,510

-1,340

-1,986

-2,052

-1,862

-908

-588

208

-2,969

-357

-1,239

-3,381

1,322

-1,798

-2,944

-3,105

-5,481

-329

-4,054

0

0

0

Net change in cash and cash equivalents

-150,901

69,243

86,623

44,732

95,691

44,725

494

37,393

119,988

86,224

72,858

66,099

50,388

79,437

81,362

35,632

43,623

39,289

15,371

27,236

-7,030

-33,107

-2,007

-5,802

-17,087

-47,972

-143,232

-90,610

-151,465

-163,650

-109,782

-75,270

-47,970

-24,938

133,304

149,772

129,690

61,299

-126,841

-190,746

-220,055

-157,435

0

0

0

Supplemental cash flow disclosures
Accrued share repurchases held in other accrued liabilities

-

-

-

-

-

-

-

-

-

500

7,003

2,988

5,988

5,988

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued purchases of property and equipment

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-