INTUIT INC INTU Cash Flow

Intuit inc (INTU)

CashFlow / Quarterly

Apr'20	Jan'20	Oct'19	Jul'19	Apr'19	Jan'19	Oct'18	Jul'18	Apr'18	Jan'18	Oct'17	Jul'17	Apr'17	Jan'17	Oct'16	Jul'16	Apr'16	Jan'16	Oct'15	Jul'15	Apr'15	Jan'15	Oct'14	Jul'14	Apr'14	Jan'14	Oct'13	Jul'13	Apr'13	Jan'13	Oct'12	Jul'12	Apr'12	Jan'12	Oct'11	Jul'11	Apr'11	Jan'11	Oct'10	Jul'10	Apr'10	Jan'10	Oct'09	Jul'09	Apr'09	Jan'09	Oct'08
Cash flows from operating activities:
Net income
1,084,000	240,000	57,000	-44,000	1,378,000	189,000	34,000	-38,000	1,186,000	183,000	-2,000	38,000	964,000	13,000	-30,000	-40,000	1,026,000	24,000	-31,000	14,000	501,000	-66,000	-84,000	-29,000	984,000	-37,000	-11,000	-16,000	822,000	71,000	-19,000	4,000	734,000	118,000	-64,000	-57,000	688,000	73,000	-70,000	-48,000	576,000	114,000	-68,000	-71,000	485,000	85,000	-52,000
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation
47,000	49,000	49,000	52,000	48,000	48,000	51,000	55,000	56,000	57,000	60,000	58,000	55,000	52,000	49,000	50,000	51,000	49,000	45,000	42,000	40,000	39,000	36,000	34,000	35,000	36,000	39,000	42,000	42,000	42,000	40,000	41,000	42,000	44,000	44,000	44,000	42,000	41,000	37,000	37,000	36,000	36,000	39,000	44,000	36,000	36,000	33,000
Amortization of acquired intangible assets
7,000	8,000	8,000	7,000	6,000	7,000	6,000	7,000	8,000	5,000	5,000	4,000	7,000	5,000	6,000	13,000	11,000	9,000	10,000	19,000	19,000	18,000	18,000	16,000	12,000	14,000	11,000	21,000	15,000	16,000	14,000	16,000	10,000	17,000	28,000	19,000	19,000	20,000	19,000	21,000	19,000	32,000	36,000	42,000	27,000	30,000	27,000
Non-cash operating lease cost
14,000	16,000	16,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill and intangible asset impairment charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	46,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Share-based compensation expense
103,000	107,000	111,000	98,000	98,000	100,000	105,000	99,000	92,000	94,000	97,000	85,000	71,000	81,000	89,000	81,000	63,000	68,000	69,000	73,000	62,000	61,000	61,000	56,000	49,000	52,000	47,000	53,000	46,000	47,000	49,000	49,000	37,000	43,000	40,000	41,000	39,000	38,000	35,000	36,000	34,000	38,000	27,000	39,000	37,000	35,000	22,000
Pre-tax gain on sale of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	40,000	0	0	0	53,000	-	-	-	-	-	-	-	-	-	-	58,000	-	-	-	0	-
Deferred income taxes
-72,000	-12,000	-18,000	37,000	-23,000	-12,000	-9,000	-6,000	26,000	-21,000	-4,000	53,000	-5,000	-22,000	-9,000	30,000	51,000	-9,000	-2,000	-97,000	13,000	-10,000	-6,000	31,000	-4,000	-11,000	77,000	-39,000	4,000	-5,000	53,000	-63,000	18,000	-12,000	-5,000	6,000	9,000	-9,000	25,000	-8,000	-39,000	2,000	-24,000	-23,000	1,000	-1,000	45,000
Tax benefit from share-based compensation plans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	29,000	10,000	11,000	9,000	34,000	13,000	20,000	18,000	30,000	9,000	10,000	33,000	4,000	9,000	12,000	44,000	-	-	-	-	-	20,000	16,000	32,000	-	13,000	4,000	6,000	9,000	2,000	-4,000	11,000
Tax benefit from share-based compensation plans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9,000	12,000	-	-	19,000	15,000	30,000	-	-	-	-	-	-	-	-	-	-	-	-
Excess tax benefit from share-based compensation plans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13,000	20,000	18,000	30,000	9,000	10,000	33,000	4,000	9,000	12,000	44,000	8,000	19,000	14,000	29,000	12,000	18,000	14,000	27,000	7,000	6,000	2,000	3,000	2,000	1,000	0	6,000
Other
-18,000	0	-4,000	-3,000	-6,000	-4,000	-2,000	-7,000	8,000	-5,000	-2,000	-4,000	-2,000	-6,000	-1,000	-6,000	-1,000	0	-10,000	-7,000	22,000	-7,000	-12,000	-8,000	-5,000	-6,000	-5,000	-7,000	-3,000	-5,000	-4,000	-8,000	-1,000	-8,000	6,000	-5,000	-3,000	-6,000	-5,000	-28,000	-5,000	6,000	4,000	-23,000	3,000	2,000	5,000
Total adjustments
117,000	168,000	170,000	197,000	135,000	147,000	155,000	241,000	174,000	140,000	160,000	204,000	130,000	122,000	136,000	209,000	-167,000	128,000	141,000	163,000	375,000	115,000	121,000	124,000	97,000	97,000	139,000	84,000	156,000	105,000	107,000	50,000	108,000	101,000	102,000	146,000	114,000	98,000	126,000	100,000	62,000	58,000	85,000	112,000	105,000	98,000	137,000
Changes in operating assets and liabilities:
Accounts receivable
-384,000	500,000	16,000	-176,000	-291,000	477,000	-21,000	-212,000	-221,000	414,000	14,000	-143,000	-275,000	399,000	14,000	-105,000	-306,000	403,000	28,000	-100,000	-251,000	323,000	4,000	-143,000	-160,000	297,000	11,000	-141,000	-229,000	357,000	1,000	-114,000	-297,000	426,000	-5,000	-94,000	-215,000	333,000	12,000	-69,000	-264,000	318,000	13,000	165,000	170,000	-300,000	-17,000
Income taxes receivable
-45,000	-35,000	22,000	62,000	-68,000	-46,000	47,000	63,000	-31,000	-29,000	-2,000	63,000	-40,000	-17,000	38,000	15,000	-105,000	9,000	17,000	76,000	-137,000	54,000	56,000	33,000	-221,000	18,000	143,000	61,000	-156,000	-8,000	112,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Prepaid expenses and other assets
-27,000	19,000	63,000	7,000	-24,000	-18,000	72,000	-4,000	-28,000	40,000	25,000	18,000	-63,000	8,000	50,000	-5,000	-3,000	-11,000	29,000	-4,000	-6,000	-15,000	3,000	-4,000	-11,000	-15,000	44,000	194,000	-194,000	17,000	16,000	72,000	-102,000	-60,000	78,000	87,000	-132,000	-19,000	134,000	23,000	-48,000	-51,000	56,000	-28,000	154,000	7,000	-121,000
Accounts payable
-64,000	180,000	-5,000	-115,000	-5,000	186,000	24,000	-148,000	-16,000	115,000	61,000	-104,000	11,000	95,000	-2,000	-100,000	-26,000	109,000	-6,000	-90,000	9,000	84,000	32,000	-41,000	-32,000	56,000	32,000	-72,000	18,000	46,000	12,000	-61,000	-4,000	45,000	39,000	-66,000	-4,000	41,000	5,000	-23,000	7,000	47,000	9,000	33,000	-25,000	7,000	-22,000
Accrued compensation and related liabilities
89,000	59,000	-180,000	71,000	91,000	45,000	-191,000	83,000	81,000	58,000	-147,000	57,000	36,000	65,000	-148,000	58,000	31,000	45,000	-145,000	53,000	50,000	60,000	-139,000	61,000	31,000	54,000	-103,000	28,000	28,000	48,000	-96,000	22,000	42,000	27,000	-74,000	14,000	53,000	23,000	-82,000	20,000	51,000	19,000	-57,000	-130,000	-22,000	-16,000	113,000
Deferred revenue
-36,000	119,000	-68,000	76,000	-65,000	127,000	-69,000	56,000	-66,000	125,000	-120,000	-62,000	-120,000	317,000	-67,000	-21,000	-83,000	350,000	-54,000	-9,000	-32,000	411,000	28,000	24,000	-335,000	355,000	-29,000	73,000	-228,000	233,000	-16,000	74,000	-218,000	207,000	-25,000	69,000	-226,000	214,000	-29,000	77,000	-201,000	180,000	-24,000	-26,000	174,000	-140,000	18,000
Income taxes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	273,000	1,000	0	-	256,000	0	1,000	-210,000	208,000	0	-13,000	-268,000	280,000	2,000	0	119,000	-150,000	-1,000	14,000
Operating lease liabilities
-14,000	-14,000	-14,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other liabilities
-17,000	49,000	14,000	-50,000	-3,000	60,000	2,000	-44,000	-15,000	56,000	7,000	-50,000	-28,000	70,000	8,000	-47,000	-18,000	62,000	-19,000	-68,000	-46,000	123,000	-13,000	-62,000	-24,000	107,000	-20,000	-67,000	-43,000	126,000	-4,000	-75,000	-39,000	128,000	-16,000	-75,000	-42,000	123,000	-2,000	-55,000	-43,000	92,000	-16,000	74,000	2,000	-103,000	24,000
Total changes in operating assets and liabilities
-736,000	91,000	354,000	275,000	-735,000	-5,000	332,000	240,000	-615,000	71,000	236,000	532,000	-708,000	-157,000	311,000	450,000	-753,000	-165,000	298,000	310,000	-599,000	-316,000	155,000	179,000	-307,000	-272,000	318,000	262,000	-471,000	-80,000	233,000	236,000	-436,000	-41,000	148,000	261,000	-336,000	-87,000	267,000	203,000	-406,000	-73,000	157,000	67,000	345,000	-40,000	-285,000
Net cash provided by operating activities
1,937,000	317,000	-127,000	-122,000	2,248,000	341,000	-143,000	-37,000	1,975,000	252,000	-78,000	-290,000	1,802,000	292,000	-205,000	-281,000	1,612,000	317,000	-188,000	-133,000	1,475,000	365,000	-118,000	-84,000	1,388,000	332,000	-190,000	-194,000	1,449,000	256,000	-145,000	-182,000	1,278,000	260,000	-110,000	-172,000	1,138,000	258,000	-211,000	-151,000	1,044,000	245,000	-140,000	-66,000	935,000	143,000	-200,000
Cash flows from investing activities:
Purchases of corporate and customer fund investments
130,000	150,000	207,000	373,000	226,000	83,000	70,000	104,000	166,000	51,000	86,000	66,000	85,000	76,000	125,000	345,000	408,000	64,000	117,000	154,000	166,000	254,000	365,000	417,000	597,000	157,000	163,000	194,000	465,000	123,000	87,000	177,000	149,000	146,000	197,000	454,000	80,000	295,000	428,000	1,310,000	1,169,000	162,000	388,000	412,000	71,000	31,000	36,000
Sales of corporate and customer fund investments
32,000	20,000	53,000	24,000	18,000	9,000	33,000	41,000	19,000	30,000	38,000	27,000	16,000	18,000	298,000	175,000	48,000	2,000	940,000	86,000	76,000	311,000	147,000	128,000	73,000	74,000	71,000	54,000	89,000	109,000	81,000	458,000	116,000	130,000	136,000	156,000	55,000	777,000	638,000	1,037,000	205,000	96,000	322,000	133,000	28,000	117,000	148,000
Maturities of corporate and customer fund investments
121,000	131,000	156,000	128,000	69,000	65,000	41,000	149,000	71,000	20,000	46,000	33,000	71,000	57,000	22,000	27,000	34,000	62,000	64,000	69,000	78,000	99,000	229,000	249,000	171,000	68,000	79,000	63,000	70,000	74,000	21,000	40,000	49,000	48,000	41,000	74,000	33,000	87,000	134,000	362,000	69,000	7,000	36,000	30,000	3,000	13,000	11,000
Net change in cash and cash equivalents held to satisfy customer fund obligations
-	-	-	-	-	-	-	-	-	-	-	-	-2,000	-2,000	22,000	-93,000	0	25,000	10,000	8,000	-24,000	-4,000	69,000	16,000	-17,000	62,000	-7,000	51,000	-100,000	75,000	-81,000	-35,000	-5,000	9,000	-93,000	31,000	46,000	-52,000	26,000	-63,000	-39,000	41,000	-21,000	-633,000	-50,000	34,000	283,000
Investment of funds held for customers as cash equivalents in available-for-sale debt securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	87,000	-	-	-	-
Purchases of property and equipment
39,000	30,000	38,000	-53,000	49,000	45,000	35,000	-59,000	20,000	27,000	50,000	-76,000	46,000	46,000	86,000	-33,000	55,000	324,000	70,000	-41,000	67,000	61,000	55,000	-17,000	28,000	46,000	47,000	-18,000	32,000	45,000	70,000	10,000	33,000	48,000	44,000	-52,000	31,000	84,000	51,000	-26,000	34,000	34,000	32,000	-17,000	31,000	50,000	67,000
Acquisitions of businesses, net of cash acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	19,000	67,000	9,000	381,000	24,000	57,000	9,000	8,000	6,000	0	3,000	-	-	-	-	-	-	-	-	-	-	141,000	-	-	8,000	0	-
Acquisitions of intangible assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12,000	0	0	3,000	-	3,000	-	0	-	-	-	-
Proceeds from divestiture of businesses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1,025,000	0	0	0	60,000	0	0	0	0	-	-	-	-	-	-	122,000	-	-	-	0	-
Originations of term loans to small businesses
74,000	85,000	81,000	81,000	83,000	76,000	76,000	60,000	37,000	28,000	12,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal repayments of term loans from small businesses
74,000	76,000	79,000	79,000	72,000	64,000	52,000	38,000	26,000	14,000	4,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-1,000	1,000	19,000	5,000	10,000	-9,000	-4,000	-19,000	-6,000	7,000	15,000	5,000	21,000	8,000	11,000	16,000	-3,000	-1,000	1,000	10,000	-38,000	2,000	8,000	8,000	4,000	3,000	7,000	-1,000	7,000	17,000	2,000	1,000	0	-1,000	-14,000	0	1,000	-8,000	5,000	1,000	3,000	3,000	3,000	2,000	3,000	-1,000	-2,000
Net cash used in investing activities
-15,000	-39,000	-57,000	-249,000	-209,000	-57,000	-51,000	4,000	-105,000	-308,000	-128,000	5,000	-65,000	-55,000	98,000	-207,000	85,000	-323,000	816,000	-87,000	-60,000	26,000	-61,000	-468,000	-409,000	-121,000	949,000	-138,000	-345,000	-2,000	0	-143,000	-17,000	-15,000	-50,000	-283,000	-24,000	519,000	285,000	-31,000	-934,000	-54,000	22,000	-458,000	-82,000	50,000	58,000
Cash flows from financing activities:
Proceeds from borrowings under secured revolving credit facility
-	-	-	-	-	-	-	0	0	400,000	400,000	0	0	50,000	100,000	0	250,000	395,000	350,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of debt
13,000	12,000	13,000	12,000	13,000	12,000	13,000	12,000	13,000	12,000	13,000	12,000	500,000	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	500,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of stock under employee stock plans
39,000	58,000	63,000	53,000	77,000	34,000	120,000	90,000	55,000	67,000	83,000	76,000	64,000	43,000	43,000	72,000	40,000	38,000	47,000	91,000	28,000	54,000	47,000	4,000	36,000	53,000	72,000	-20,000	44,000	68,000	73,000	4,000	54,000	61,000	45,000	48,000	48,000	61,000	126,000	90,000	176,000	85,000	65,000	72,000	31,000	18,000	77,000
Payments for employee taxes withheld upon vesting of restricted stock units
24,000	33,000	71,000	158,000	17,000	13,000	63,000	141,000	9,000	10,000	39,000	92,000	10,000	6,000	45,000	72,000	7,000	6,000	23,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax payments related to issuance of restricted stock units
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-5,000	-15,000	0	-1,000	-2,000	-12,000
Cash paid for purchases of treasury stock
45,000	138,000	140,000	148,000	134,000	179,000	95,000	0	19,000	85,000	168,000	366,000	90,000	208,000	175,000	74,000	465,000	472,000	1,253,000	11,000	680,000	440,000	114,000	152,000	23,000	2,000	1,400,000	0	92,000	100,000	100,000	107,000	207,000	331,000	255,000	250,000	250,000	530,000	330,000	150,000	200,000	250,000	300,000	100,000	0	35,000	165,000
Dividends and dividend rights paid
139,000	139,000	141,000	127,000	123,000	122,000	129,000	102,000	100,000	100,000	105,000	88,000	88,000	88,000	89,000	80,000	77,000	79,000	82,000	71,000	69,000	69,000	74,000	55,000	54,000	56,000	55,000	51,000	51,000	51,000	50,000	44,000	45,000	44,000	45,000	0	0	0	0	-	-	-	-	-	-	-	-
Net change in customer fund deposits
72,000	-48,000	23,000	-	51,000	4,000	-71,000	-	-97,000	103,000	-53,000	-	-2,000	-2,000	22,000	-68,000	0	25,000	10,000	8,000	-24,000	-4,000	69,000	16,000	-17,000	62,000	-7,000	51,000	-100,000	75,000	-81,000	-35,000	-5,000	9,000	-93,000	31,000	46,000	-26,000	26,000	62,000	-38,000	20,000	21,000	-99,000	50,000	-34,000	-283,000
Excess tax benefit from share-based compensation plans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13,000	20,000	18,000	30,000	9,000	10,000	33,000	4,000	9,000	12,000	44,000	8,000	19,000	14,000	29,000	12,000	18,000	14,000	27,000	7,000	6,000	2,000	3,000	2,000	1,000	0	6,000
Other
0	-1,000	0	-1,000	-2,000	-3,000	-2,000	0	-1,000	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,000	-1,000	0	-1,000	2,000	-2,000	-2,000	0
Net cash used in financing activities
-254,000	-217,000	-325,000	-409,000	-215,000	-299,000	-111,000	-165,000	-727,000	100,000	158,000	-483,000	-774,000	-209,000	-166,000	-155,000	-759,000	-124,000	-961,000	-156,000	-708,000	-435,000	-123,000	-174,000	-32,000	5,000	-1,350,000	-68,000	-90,000	-71,000	-33,000	-139,000	-679,000	-300,000	-226,000	-190,000	-184,000	-455,000	-177,000	-32,000	-19,000	-168,000	-248,000	-25,000	30,000	-21,000	-94,000
Effect of exchange rates on cash, cash equivalents, restricted cash, and restricted cash equivalents
-10,000	-2,000	0	3,000	-4,000	2,000	-4,000	-4,000	-10,000	8,000	-5,000	15,000	-5,000	4,000	-5,000	-8,000	17,000	-10,000	-1,000	-9,000	4,000	-16,000	-5,000	1,000	2,000	-8,000	-1,000	-3,000	-1,000	0	1,000	-2,000	0	-1,000	-3,000	-2,000	6,000	-1,000	1,000	-2,000	2,000	1,000	0	6,000	0	-2,000	-8,000
Net increase in cash, cash equivalents, restricted cash, and restricted cash equivalents
1,658,000	59,000	-509,000	-777,000	1,820,000	-13,000	-309,000	-202,000	1,133,000	52,000	-53,000	-753,000	958,000	32,000	-278,000	-651,000	955,000	-140,000	-334,000	-385,000	711,000	-60,000	-307,000	-725,000	949,000	208,000	-592,000	-403,000	1,013,000	183,000	-177,000	-466,000	582,000	-56,000	-389,000	-647,000	936,000	321,000	-102,000	-216,000	93,000	24,000	-366,000	-543,000	883,000	170,000	-244,000