Gartner, inc. (IT)
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
Operating activities:
Net income

287,592

233,290

249,609

219,974

162,838

122,456

145,743

85,810

-52,741

3,279

-37,543

41,120

185,028

193,582

192,860

192,743

192,271

175,635

169,016

172,496

174,381

183,766

186,040

190,388

183,862

182,801

180,206

173,387

168,357

165,903

152,104

151,193

141,932

136,902

128,572

118,183

106,073

96,285

0

0

0

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

213,017

211,779

210,639

226,428

241,003

255,601

274,601

274,978

291,697

240,171

184,616

131,804

63,482

61,969

61,213

57,649

52,020

47,131

42,446

40,708

40,802

39,412

37,866

36,025

34,746

34,442

33,828

32,882

31,571

29,771

28,540

28,254

29,900

32,064

33,593

34,941

35,162

35,874

0

0

0

Stock-based compensation expense

62,318

69,008

68,047

65,811

67,033

66,172

67,031

70,670

87,325

78,943

78,463

73,627

53,742

46,661

45,297

45,364

44,915

46,149

46,400

45,620

41,822

38,845

37,111

35,778

36,145

34,735

35,406

37,150

37,781

36,378

36,136

34,674

34,642

32,865

34,086

33,593

32,637

32,634

0

0

0

Excess tax benefits from stock-based compensation exercises

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13,860

12,140

17,035

16,603

20,193

26,255

22,553

23,319

25,392

60,082

55,146

48,307

21,304

27,664

-13,096

-8,825

25,572

-53,397

-4,245

-2,939

-18,364

0

0

0

Deferred taxes

-4,720

-55,787

-44,520

-29,871

15,169

1,524

-122,710

-157,429

-244,591

-217,414

-88,683

-79,807

-12,455

-2,648

-7,347

-2,799

1,511

344

-5,184

-2,911

-11,468

-759

10,375

22,860

25,886

16,663

9,230

2,627

765

973

-8,045

-2,971

8,357

-965

7,902

-3,297

-12,722

-2,609

0

0

0

Loss from divested operations

0

-2,075

4,872

17,912

43,372

45,447

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Reduction in the carrying amount of operating lease right-of-use assets

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of lease right-of-use assets

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization and write-off of deferred financing fees

6,518

6,497

6,475

6,452

13,563

13,815

14,031

16,188

16,462

15,062

13,707

10,399

3,139

3,082

1,731

2,075

1,086

1,512

3,465

3,140

2,901

2,645

2,175

2,338

2,433

2,710

2,603

2,472

2,357

2,008

2,067

2,114

2,202

2,288

2,515

2,218

1,890

1,567

0

0

0

Changes in assets and liabilities:
Fees receivable, net

9,458

66,729

72,550

55,384

93,384

115,003

180,747

242,355

253,826

368,516

109,993

93,220

107,491

68,661

75,279

78,438

73,196

44,476

56,744

65,751

62,583

76,424

60,464

52,259

50,158

28,097

23,042

42,206

-18,929

38,617

-11,293

40,142

124,326

58,887

-17,006

-38,733

-65,122

-48,177

0

0

0

Deferred commissions

16,868

30,315

34,134

30,091

26,662

31,247

26,408

40,052

64,907

61,393

27,818

33,517

22,718

18,673

19,111

13,454

14,541

13,236

18,635

14,840

12,566

12,340

4,117

9,416

14,143

18,608

12,018

9,750

1,093

8,871

-17,628

4,763

13,658

6,928

24,855

3,752

617

-2,184

0

0

0

Prepaid expenses and other current assets

2,562

-18,985

-12,903

-49,091

-12,191

50,551

18,985

47,204

35,285

-13,251

10,361

44,724

35,124

21,604

14,323

-4,592

-17,901

13,268

21,533

15,214

21,615

3,017

4,178

2,245

1,086

1,187

12,641

7,105

21,176

10,604

21,504

1,799

-18,812

-3,540

-9,829

6,872

6,271

-376

0

0

0

Other assets

-7,175

27,303

58,942

61,930

31,482

-11,456

-81,463

-22,661

-12,622

18,529

78,140

-4,214

2,161

-20,005

-19,742

27,434

22,224

14,733

18,714

-7,733

-7,099

7,139

3,507

6,448

112

5,268

-9,620

-14,430

-6,505

-15,113

-8,877

-3,344

-7,882

-4,397

-68,396

-66,910

-39,228

-34,130

0

0

0

Deferred revenues

69,235

181,203

188,258

147,754

196,033

187,147

253,394

302,756

367,333

382,852

182,135

158,620

111,211

97,979

96,442

105,157

96,773

91,840

122,356

121,708

114,282

105,354

108,869

90,718

95,199

80,938

75,626

92,238

87,842

71,645

78,425

103,014

101,183

91,765

99,546

94,183

80,089

85,336

0

0

0

Accounts payable and accrued and other liabilities

-105,927

-54,613

-47,737

-5,389

-29,839

55,235

-652

87,983

162,757

186,811

211,753

120,551

88,543

56,440

62,930

75,229

63,017

82,523

86,744

67,770

79,520

96,629

65,279

42,910

22,978

41,917

33,663

46,242

39,956

37,418

52,185

38,547

40,497

44,097

30,606

35,197

51,734

59,643

0

0

0

Cash provided by operating activities

585,589

565,436

527,748

557,489

504,030

471,158

448,261

348,546

286,846

254,517

315,636

286,567

322,696

365,632

361,517

357,941

353,229

345,561

337,477

343,424

335,972

346,779

349,194

328,096

312,431

315,654

313,131

320,677

280,827

279,813

287,852

291,105

298,908

255,566

255,589

207,820

188,802

205,499

0

0

0

Investing activities:
Additions to property, equipment and leasehold improvements

153,492

149,016

157,943

146,226

129,254

126,873

99,777

109,264

117,744

110,765

88,605

66,153

54,003

49,863

46,938

47,851

41,056

46,128

49,037

42,949

40,933

38,486

34,242

36,014

36,035

36,498

41,309

43,330

46,867

44,337

49,034

53,136

45,367

41,954

33,203

23,461

21,987

21,694

0

0

0

Acquisitions - cash paid (net of cash acquired)

0

-

-

-

0

-

-

-

-

2,640,000

2,660,603

2,622,478

158,561

48,196

55,739

226,125

197,029

196,229

186,616

16,763

22,521

124,291

107,528

107,528

101,770

0

0

0

0

-

-

-

-

-

-

-

-

12,151

0

0

0

Other, net

-

-

-

-

-

-

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisitions - increase in restricted cash (escrow)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Cash used in investing activities

-163,066

-160,885

-154,168

-44,139

378,375

384,051

405,067

259,676

-2,647,359

-2,752,545

-2,749,208

-2,688,631

-212,564

-98,059

-77,052

-273,976

-238,085

-242,357

-246,915

-45,349

-49,954

-162,777

-156,133

-157,905

-151,305

-36,498

-41,309

-44,157

-57,203

-54,673

-59,370

-62,645

-45,367

-41,954

-33,203

-23,461

-22,442

-33,845

0

0

0

Financing activities:
Proceeds from employee stock purchase plan

18,187

17,629

16,790

16,139

15,648

14,689

14,295

13,676

12,813

11,711

10,869

10,210

9,692

9,250

8,847

8,377

8,003

7,499

6,985

6,527

7,415

7,767

7,868

7,751

6,515

6,042

6,409

7,034

8,861

12,430

12,800

12,415

11,477

20,011

21,918

28,877

30,871

23,527

0

0

0

Proceeds from borrowings

-30,000

5,000

5,000

5,000

35,000

0

0

140,000

2,070,000

3,025,000

2,992,500

2,770,000

1,600,000

715,000

737,500

950,000

245,000

440,000

675,625

544,375

513,125

400,000

176,250

179,375

157,500

205,625

216,250

221,787

187,207

35,000

17,500

5,088

7,782

0

178,000

147,000

188,011

200,000

0

0

0

Payments of Debt Issuance Costs

-

-

-

-

-

-

-

-

-

51,200

51,171

51,170

23,748

4,975

0

0

0

-

-

-

-

-

-

-

-

3,553

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Payments on borrowings

91,864

109,579

294

262,010

724,841

1,010,972

1,185,104

1,143,235

709,251

404,438

347,124

134,812

830,000

835,000

832,500

830,000

20,000

20,000

205,625

204,375

203,125

200,000

11,250

9,375

7,500

205,625

211,250

216,875

222,500

30,000

27,500

25,000

22,656

20,156

272,783

288,783

304,627

313,627

0

0

0

Purchases of treasury stock

227,325

199,000

297,836

211,087

277,245

260,800

108,512

103,785

47,716

41,300

43,260

40,780

35,452

58,961

108,938

119,574

230,494

509,049

497,880

566,000

560,198

432,006

411,611

391,184

329,059

181,736

179,255

124,629

82,674

111,304

160,072

208,802

237,247

211,986

164,558

112,575

116,544

99,820

0

0

0

Excess tax benefits from stock-based compensation exercises

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13,860

12,140

17,035

16,603

20,193

26,255

22,553

23,319

25,392

60,082

55,146

48,307

21,304

-17,252

-13,096

-8,825

25,572

28,247

32,483

33,789

18,364

0

0

0

Cash used in financing activities

-331,044

-285,992

-276,372

-451,990

-951,470

-1,257,115

-1,279,293

-1,093,317

1,293,476

2,539,830

2,561,814

2,553,448

720,492

-174,686

-197,428

6,571

8,813

-67,690

-13,379

-207,062

-230,804

-208,670

-212,488

-190,880

-149,225

-153,855

-152,049

-94,546

-91,920

-72,570

-133,792

-195,939

-221,901

-186,559

-209,176

-192,998

-168,500

-171,556

0

0

0

Net increase (decrease) in cash and cash equivalents and restricted cash

91,479

118,559

97,208

61,360

-69,065

-401,906

-425,965

-485,095

-1,067,037

41,802

128,242

151,384

830,624

92,887

87,037

90,536

123,957

35,514

77,183

91,013

55,214

-24,668

-19,427

-20,689

11,901

125,301

119,773

181,974

131,704

152,570

94,690

32,521

31,640

27,053

13,210

-8,639

-2,140

98

0

0

0

Effects of exchange rates on cash and cash equivalents

-12,899

3,614

-3,773

-2,863

-9,295

-6,489

-8,919

12,484

23,505

25,902

15,069

-3,001

-2,536

-5,640

7,453

-3,064

-1,667

-27,840

-47,159

-51,357

-56,845

-34,020

-13,874

5,251

2,320

-1,163

-643

858

-1,626

4,543

3,798

-7,331

-1,658

-4,495

-4,719

11,616

5,230

3,509

0

0

0

Supplemental disclosures of cash flow information: