Global payments inc (GPN)
CashFlow / Yearly
Dec'19Dec'18Dec'17May'16May'15May'14May'13May'12May'11May'10May'09
Cash flows from operating activities:
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

469,276

484,667

494,070

290,217

309,115

269,952

238,713

217,566

228,156

219,109

74,178

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

211,200

145,128

113,273

74,192

64,918

60,124

55,023

48,403

40,545

35,864

35,434

Amortization of acquired intangibles

667,100

377,700

337,900

113,689

72,587

61,945

56,765

50,696

41,692

32,803

30,854

Amortization of capitalized contract costs

66,086

51,541

45,098

1,776

0

0

-

-

-

-

-

Share-based compensation expense

89,634

57,826

39,095

30,809

21,056

29,793

18,427

16,391

15,885

18,072

14,570

Provision for operating losses and bad debts

100,188

43,237

48,443

27,202

14,506

20,574

21,659

22,417

20,577

25,025

25,595

Noncash lease expense

52,612

0

0

-

-

-

-

-

-

-

-

Deferred income taxes

-108,309

-1,451

-250,670

-18,162

81,079

-1,799

33,112

-19,498

19,154

2,722

5,457

Gain on sale of investments

-

-

-

0

0

0

-

-

-

-

-

Loss on disposal of discontinued operations, non-cash

-

-

-

-

-

-

-

-

-602

-24,310

-

Impairment, restructuring and other charges, non-cash

-

-

-

-

-

-

-

-

-

-

147,664

Other, net

570

8,025

-44,070

-15,370

-8,249

1,484

4,878

2,775

3,576

-2,443

-4,036

Changes in operating assets and liabilities, net of the effects of business combinations:
Accounts receivable

115,528

33,386

14,096

14,542

-1,248

18,539

5,458

16,422

34,723

11,689

25,077

Claims receivable

-

-

-

-

-

11,569

11,858

13,519

14,425

14,936

17,201

Settlement processing assets and obligations, net

-213,701

-83,478

361,673

-218,061

78,794

241,431

104,007

568,335

-299,895

-140,962

-60,700

Inventory

-

-

-

-

-

-

1,187

2,394

-1,979

4,727

1,653

Prepaid expenses and other assets

159,056

160,800

129,427

64,216

-5,426

-23,788

22,978

-3,511

-3,537

13,710

-4,438

Capitalized customer acquisition costs

-

-

-

-

0

0

-

-

-

-

-

Accounts payable and other liabilities

-95,091

66,182

146,327

-81,506

-69,513

2,744

-39,374

85,875

89,230

18,803

23,251

Payables to money transfer beneficiaries

-

-

-

-

-

-

-

-

-

-6,107

3,067

Income taxes payable

-

-

-

-

-

-

6,587

4,609

1,244

-3,183

-2,342

Net cash provided by operating activities

1,391,278

1,106,082

512,388

592,890

429,877

194,098

240,546

-173,475

709,772

465,761

382,971

Cash flows from investing activities:
Acquisitions, net of cash acquired

644,622

1,259,692

562,688

2,034,406

355,971

426,524

434,016

44,274

167,968

29,513

525,205

Capital expenditures

307,868

213,290

181,905

91,591

92,550

81,411

98,590

109,876

98,537

56,054

40,940

Net proceeds from sale of investments

-

-

-

0

0

0

-

-

0

-

-

Proceeds from sale-and-leaseback transaction

0

0

37,565

0

10,597

-

-

-

-

-

-

Other, net

-35,404

3,305

28,997

1,251

2,997

-6,265

-2,812

-2,565

-2,062

-

-

Disposition of business, net of cash

-

-

-

-

-

-

-

-

2,577

60,231

-

Net decrease in financing receivables

-

-

-

-

-

-

-

-

-

179

-

Proceeds From Sale Of Investment And Contract Rights

-

-

-

-

-

-

-

-

-

311

6,888

Net cash used in investing activities

-917,086

-1,476,287

-736,025

-2,127,248

-440,921

-501,670

-528,567

-150,433

-267,020

-25,204

-559,257

Cash flows from financing activities:
Net repayments of settlement lines of credit

-236,473

70,783

221,532

-206,009

198,884

252,667

-27,930

-55,354

191,558

69,013

8,647

Proceeds from long-term debt

7,203,903

2,774,214

1,994,324

6,078,230

2,496,842

2,690,000

1,135,327

146,374

205,298

305,744

200,000

Repayments of long-term debt

6,484,689

2,304,314

1,781,541

3,691,608

2,148,907

2,260,597

482,349

184,235

280,198

75,205

16,734

Acquisition of redeemable noncontrolling interest

-

-

-

-

-

-

242,000

0

0

307,675

-

Payments of debt issuance costs

43,599

16,345

9,520

63,382

0

5,961

3,987

0

0

-

-

Repurchases of common stock

311,383

208,198

34,811

135,954

372,387

447,307

175,297

99,604

14,900

98,080

-

Proceeds from stock issued under share-based compensation plans

24,514

14,318

10,115

8,480

22,550

31,727

10,543

11,446

18,364

30,248

9,050

Common stock repurchased - share-based compensation plans

62,577

31,510

31,761

12,236

15,690

5,681

10,244

4,861

0

0

-

Tax benefit from share-based compensation plans

-

-

-

-

-

6,475

1,863

1,441

9,141

7,186

880

Purchase of subsidiary shares from noncontrolling interest

-

-

-

7,550

0

0

-

-

-

-

-

Proceeds from sale of subsidiary shares to noncontrolling interest

-

-

-

16,374

0

0

1,227

1,152

-

-

-

Contribution from noncontrolling interest holder

-

-

-

-

-

-

-

-

-

-

358

Distributions to noncontrolling interests

31,632

5,686

9,301

23,308

39,753

36,670

16,206

27,082

8,752

20,484

34,299

Dividends paid

63,498

6,332

6,732

5,439

5,340

5,757

6,198

6,311

6,388

6,497

6,417

Net cash used in financing activities

-28,674

286,930

352,305

1,957,598

136,199

218,896

183,522

-218,186

114,123

-95,750

161,485

Effect of exchange rate changes on cash

21,877

-41,702

44,408

-29,251

-56,288

-9,922

3,694

-30,916

27,464

-1,796

-14,324

Increase in cash and cash equivalents

467,395

-124,977

173,076

393,989

68,867

-98,598

-100,805

-573,010

584,339

343,011

-29,125