Jabil inc (JBL)
CashFlow / Quarterly
Feb'20Nov'19Aug'19May'19Feb'19Nov'18Aug'18May'18Feb'18Nov'17Aug'17May'17Feb'17Nov'16Aug'16May'16Feb'16Nov'15Aug'15May'15Feb'15Nov'14Aug'14May'14Feb'14Nov'13Aug'13May'13Feb'13Nov'12Aug'12May'12Feb'12Nov'11Aug'11May'11Feb'11Nov'10Aug'10May'10Feb'10Nov'09
Cash flows provided by operating activities:
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

-2,581

40,714

53,761

44,032

67,607

124,074

-56,608

42,702

37,528

63,919

46,041

-25,699

20,124

86,701

38,709

5,839

78,433

131,915

88,539

72,424

52,273

72,376

-25,592

188,308

-38,516

118,065

126,790

49,628

88,089

105,584

82,465

101,598

98,245

113,781

115,541

104,288

55,718

107,411

59,376

52,687

29,822

28,881

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

199,488

202,859

196,911

193,412

192,674

188,836

190,058

201,324

187,689

194,633

189,848

190,240

191,416

188,901

183,780

183,671

167,938

161,363

144,040

135,695

127,061

122,380

120,656

119,453

121,573

125,596

122,407

100,688

99,819

95,203

91,306

88,452

87,873

85,861

84,867

82,438

76,924

74,950

71,341

69,482

69,403

73,058

Restructuring and related charges

14,714

18,347

-11

-343

-3,396

184

1,426

5,575

2,451

6,812

35,733

11,838

34,135

12,640

-

-

-

-

-

-

-

-

12,519

5,100

24,133

782

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Recognition of stock-based compensation expense and related charges

15,109

30,223

13,894

14,506

15,697

17,249

15,687

15,039

14,964

44,974

15,167

18,350

15,318

-291

492

13,445

20,268

24,792

9,459

20,119

14,939

18,043

2,367

16,078

16,745

-24,566

16,182

15,688

17,710

18,803

21,548

20,123

21,069

18,665

16,376

20,053

20,301

19,500

36,629

27,487

26,512

13,981

Deferred income taxes

-9,732

6,645

-6,990

9,913

-19,550

-4,371

-92,467

15,227

13,028

11,507

18,085

13,236

15,185

16,495

-1,248

1,463

9,407

13,533

-3,231

12,773

3,988

-2,618

13,856

-3,150

22,836

5,429

94,530

29,495

-2,148

1,288

-

-

-

-

-

-

-

-

-

-3,521

-4,510

-199

Provision for allowance for doubtful accounts

-228

10,413

5,133

5,136

4,742

856

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

42

-498

234

Recognition of deferred grant proceeds

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

488

490

489

Amortization of loss on hedge arrangement

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

987

988

Amortization of debt issuance costs and discount

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

926

921

923

Excess tax benefit related to stock awards

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14,275

0

0

330

-

-

-

-

-

-

-

-

-

-7

40

85

Loss on disposal of subsidiaries

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,915

0

0

12,756

Loss (gain) on sale of property, plant and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,271

2,140

-3,374

-8,811

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,305

-479

-2,823

Other, net

-12,659

-1,179

-2,813

4,355

4,867

-43,426

9,541

3,267

4,604

-3,812

-4,343

-12,788

-557

-4,421

-14,961

-2,074

-27

-4,307

9,197

7,188

-8,175

-8,869

-903

-946

-9,817

2,977

-15,917

2,049

1,873

3,116

-7,396

25,193

-7,100

-561

2,656

8,270

837

-1,045

-

-

-

-

Restructuring and impairment charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,635

635

3,435

Change in operating assets and liabilities, exclusive of net assets acquired:
Accounts receivable

-1,288,181

863,210

57,914

163,405

-235,438

600,630

642,159

446,715

372,586

872,907

2,742,567

8,112

-93,283

170,932

58,715

-160,803

-225,943

205,916

248,724

-53,877

-300,475

398,334

219,166

84,322

-333,649

146,619

112,384

-285,295

-136,326

308,487

-8

21,610

-28,635

29,659

51,994

78,085

-167,070

-11,241

177,040

113,307

-200,149

156,935

Contract assets

-5,020

68,322

13,061

50,264

53,234

761,910

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventories

-7,111

286,775

-133,822

-124,216

17,470

-242,506

119,447

-38,649

97,493

320,814

228,940

196,628

-12,999

32,520

161,221

-6,047

-211,421

-11,719

229,492

140,586

12,162

100,831

154,464

27,540

-205,387

-137,407

-136,084

-136,790

27,329

195,316

-108,808

42,260

-53,520

173,336

-28,601

82,847

-45,766

150,065

361,606

246,595

174,718

186,429

Prepaid expenses and other current assets

31,468

31,413

-21,987

-11,805

-98,145

103,040

-365

2,973

-4,448

99,635

4,804

45,130

-363,906

218,379

62,655

114,672

-67,172

84,182

-75,325

67,624

-106,802

1,491

176,459

-34,575

-227,285

11,909

16,703

52,910

16,605

-10,256

-60,189

169,954

-17,248

49,009

66,881

130,794

-2,594

17,184

17,634

100,853

-7,259

32,411

Other assets

276

8,162

21,488

6,530

7,642

2,528

13,205

2,270

5,723

13,549

1,561

-13,119

6,984

34,987

-3,041

3,980

5,920

-2,434

-10,617

9,650

-8,990

-15,077

-23,444

-5,556

27,707

-5,259

5,555

-1,302

3,032

-233

-557

1,583

8,038

-6,319

-13,216

-712

9,768

955

1,108

2,471

-3,355

-672

Accounts payable, accrued expenses and other liabilities

-1,454,239

981,736

707,941

-153,406

-347,786

754,913

794,361

-348,449

14,729

354,617

706,129

225,471

-520,011

332,881

479,498

162,191

-840,341

112,592

510,101

302,582

-269,615

441,583

501,264

244,098

-830,240

-83,857

249,681

-48,795

-136,115

424,119

74,394

206,582

-406,128

147,107

157,525

232,962

55,110

-139,783

662,932

343,193

-143,568

310,213

Income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

18,160

-9,114

21

-5,094

-9,669

5,331

-4,595

1,599

-185

-836

13,202

-7,599

6,867

14,831

2,847

Net cash provided by operating activities

63,222

20,944

1,080,410

4,891

199,458

-91,693

270,857

-512,306

-214,354

-649,645

-1,997,108

186,820

194,263

151,940

427,998

415,551

-72,833

145,491

357,607

357,496

336,324

189,101

90,251

274,772

16,910

117,706

404,208

503,997

153,770

151,914

442,699

186,299

-109,345

114,573

303,592

156,812

450,333

-82,728

285,234

37,384

30,529

74,263

Cash flows used in investing activities:
Acquisition of property, plant and equipment

218,372

230,393

216,254

252,086

305,627

231,513

217,484

274,766

325,784

218,617

233,746

162,065

156,808

163,866

255,734

212,477

203,930

252,098

227,686

267,252

270,531

197,676

209,331

128,380

83,357

202,992

283,865

81,521

204,987

166,485

205,905

111,286

77,272

103,234

138,024

113,618

106,078

101,269

153,307

128,747

78,407

37,964

Proceeds and advances from sale of property, plant and equipment

13,415

23,209

51,055

22,685

134,741

10,227

103,921

10,054

215,986

20,330

131,563

24,474

17,491

1,472

7,321

11,514

4,169

3,027

2,597

8,558

865

3,764

20,056

128,137

7,126

5,819

4,518

1,770

7,523

1,981

3,853

2,889

1,518

8,148

9,814

3,852

7,827

1,990

3,023

1,932

2,498

2,827

Cash paid for business and intangible asset acquisitions, net of cash

24,428

116,767

0

72,461

80,778

0

0

13,806

0

95,858

-

-

-

-

36,104

-631

139,359

67,311

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash receipts on sold receivables

0

0

0

0

0

96,846

468,142

408,972

566,126

596,058

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from disposal of available for sale investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

5,800

-

-

-

-

Cost of receivables acquired, net of cash collections

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

20

-13

510

-36

32,726

-18,367

-14,880

-

-

-

-

Issuance of notes receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

80

57,800

-1,000

-27,500

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other, net

234

1,779

3,160

12,625

6,692

6,812

0

0

1,293

1,067

0

0

-673

2,033

5,000

0

5,000

250

-11,939

11,539

-1,294

-3,600

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-229,619

-325,730

-168,359

-314,487

-258,356

-131,252

354,579

130,454

455,035

300,846

2,618,545

-168,955

-143,900

-164,427

-289,597

-201,132

-345,120

-344,132

-324,186

-336,343

-270,606

-190,312

-210,181

544,252

-76,231

-197,173

-920,139

-83,551

-206,268

-164,504

-202,052

-105,013

-204,229

-94,576

-128,246

-77,040

-112,633

-108,359

-202,396

-126,815

-75,909

-35,137

Cash flows provided by (used in) financing activities:
Borrowings under debt agreements

3,283,557

1,779,801

2,503,510

3,299,537

3,111,372

3,071,559

2,829,668

2,157,186

2,898,570

1,792,000

2,001,604

1,979,113

1,777,390

1,676,000

2,156,155

1,343,819

1,429,010

1,975,231

1,243,854

1,370,407

1,894,181

1,458,495

1,004,073

1,382,688

1,723,192

2,066,000

2,594,999

991,380

1,401,504

776,517

2,199,560

2,400,526

2,252,618

2,380,710

1,865,547

1,528,582

1,838,970

2,339,058

1,671,019

1,754,534

1,006,037

942,889

Payments toward debt agreements

3,048,454

1,787,243

2,939,320

3,027,503

2,967,984

3,078,197

2,733,288

1,917,495

2,806,634

1,748,599

2,108,214

1,899,607

1,786,178

1,685,151

2,177,083

1,542,812

1,247,814

1,478,213

1,256,338

1,373,747

1,896,276

1,461,871

1,063,392

1,476,378

1,679,993

2,180,326

2,401,928

1,093,767

1,303,847

787,196

1,964,694

2,357,977

2,054,885

2,370,864

1,871,901

1,586,186

1,895,583

2,233,084

1,610,954

1,824,707

992,960

995,293

Payments to acquire treasury stock

72,270

96,390

0

0

145,736

204,587

133,925

91,286

131,799

93,309

69,505

85,647

37,323

114,165

93,773

0

0

54,567

45,536

0

0

40,040

-

-

-

-

0

0

0

129,262

-

-

-

-

-

-

-

-

-

2,199

0

3,288

Dividends paid to stockholders

12,549

13,731

12,268

12,314

12,894

14,528

13,559

13,843

14,200

16,231

14,409

14,610

14,881

16,059

15,314

15,327

15,254

16,541

15,515

15,545

15,471

16,607

16,049

16,370

16,531

19,261

15,438

16,995

16,197

18,551

16,524

16,568

16,620

15,528

15,105

15,092

15,020

15,194

14,968

14,980

14,929

14,992

Net proceeds from exercise of stock options and issuance of common stock under employee stock purchase plan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,386

32

7,666

3,201

7,427

4,173

11,220

3,183

13,866

2,984

14,159

635

4,534

378

5,639

193

Treasury stock minimum tax withholding related to vesting of restricted stock

3,693

19,317

20

694

1,489

9,715

71

183

1,598

20,745

710

762

1,677

9,119

166

161

47

10,282

70

615

213

6,708

150

1,317

128

32,717

22

47

313

19,908

24

125

188

30,868

24

17

89

9,633

-

-

-

-

Excess tax benefit related to stock awards

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14,275

0

0

330

135

0

-138

888

1

107

0

72

14

-7

40

85

Debt issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

2

5,605

8,942

-

-

-

-

Other, net

-11,617

0

0

0

-1,508

8

-692

-639

-7,325

-3,912

-

-

-

-

-2,301

-458

0

-1,500

-3,143

-161

-1

63

-12,177

830

2,518

2,390

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital contribution to noncontrolling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-1

317

-

-

-

-

-

-

-

-

-

-

-

-

Bank overdraft

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,322

-

-

-

-

Net cash provided by (used in) financing activities

151,153

-136,880

-435,681

259,021

-3,652

-235,460

-39,846

133,746

-50,148

-90,796

-181,620

-21,514

-52,918

-148,494

-122,232

-214,939

176,555

414,128

-67,690

-19,656

-8,781

-66,668

-203,135

-175,559

-34,993

-163,914

182,144

-119,397

88,812

-174,552

224,640

-26,846

152,043

-32,479

-207,842

-69,624

-68,490

78,234

43,029

-76,730

3,827

-70,406

Effect of exchange rate changes on cash and cash equivalents

-7,853

-1,835

-7,113

-4,396

7,198

4,865

-5,133

-15,198

4,005

-4,066

6,171

-7,518

10,238

-3,663

8,899

4,293

-5,728

894

-14,562

-5,117

-12,027

-10,866

1,048

3,672

220

1,231

-6,566

-10,978

-4,693

-80

9,840

-19,661

6,977

-14,225

9,962

-1,320

2,953

-1,322

18,113

-27,627

-16,377

7,075

Net decrease in cash and cash equivalents

-23,097

-443,501

469,257

-54,971

-55,352

-453,540

580,457

-263,304

194,538

-443,661

445,988

-11,167

7,683

-164,644

25,068

3,773

-247,126

216,381

-48,831

-3,620

44,910

-78,745

-322,017

647,137

-94,094

-242,150

-340,353

290,071

31,621

-187,222

475,127

34,779

-154,554

-26,707

-22,534

8,828

272,163

-114,175

143,980

-193,788

-57,930

-24,205