| Jun'19 | Jun'18 | Jun'17 | Jun'16 | Jun'15 | Jun'14 | Jun'13 | Jun'12 | Jun'11 | Jun'10 | Jun'09 |
|---|---|---|---|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES: | ||||||||||
Net Income | ||||||||||
271,885 | 365,034 | 229,561 | 248,867 | 211,221 | 186,715 | 167,610 | 152,040 | 137,471 | 117,870 | 103,102 |
Adjustments to reconcile net income to net cash from operating activities: | ||||||||||
Depreciation | ||||||||||
47,378 | 47,975 | 49,677 | 50,571 | 54,155 | 52,935 | 51,967 | 45,322 | 41,912 | 36,589 | 38,859 |
Amortization | ||||||||||
113,255 | 104,011 | 90,109 | 79,077 | 64,841 | 54,836 | 48,374 | 49,297 | 48,602 | 34,919 | 25,288 |
Change in deferred income taxes | ||||||||||
-7,604 | 74,884 | -21,187 | -37,524 | -29,443 | -12,752 | -18,336 | -20,911 | -20,526 | -16,694 | 7,047 |
Other | ||||||||||
- | - | - | - | 4,343 | 3,406 | 3,621 | 3,465 | - | - | 7 |
Expense for stock-based compensation | ||||||||||
12,589 | 11,758 | 11,129 | 10,720 | 10,112 | 10,091 | 8,615 | 6,950 | 4,723 | 3,251 | 2,272 |
(Gain) Loss on Disposal of Assets | ||||||||||
-161 | 954 | -4,771 | 16,888 | 5,046 | 784 | -3,908 | -1,198 | -1,025 | -864 | -938 |
Changes in operating assets and liabilities: | ||||||||||
Change in receivables | ||||||||||
11,777 | -21,489 | 33,096 | 13,735 | 21,346 | -7,498 | 12,739 | 10,795 | -940 | 1,539 | -21,214 |
Change in prepaid expenses, deferred costs and other | ||||||||||
62,165 | 82,663 | 24,992 | 29,577 | 33,858 | 28,565 | 11,502 | 27,761 | 24,543 | 6,458 | -1,969 |
Change in accounts payable | ||||||||||
-7,526 | 6,922 | -7,812 | 4,663 | -583 | -1,252 | -4,582 | 3,488 | -671 | 630 | 1,260 |
Change in accrued expenses | ||||||||||
31,889 | 7,091 | -11,966 | 7,460 | 14,483 | -6,364 | 7,774 | 7,770 | 1,593 | 741 | -2,430 |
Change in income taxes | ||||||||||
4,179 | 5,108 | -6,444 | -16,624 | 14,146 | 5,251 | 4,575 | 9,257 | -10,933 | 4,362 | -14,867 |
Change in deferred revenues | ||||||||||
23,656 | 1,255 | 35,198 | 4,364 | 40,565 | 51,952 | 30,459 | 10,338 | 19,487 | 10,775 | 21,943 |
Net cash from operating activities | ||||||||||
431,128 | 412,142 | 357,322 | 366,422 | 373,790 | 341,659 | 309,174 | 264,550 | 240,132 | 218,698 | 206,588 |
CASH FLOWS FROM INVESTING ACTIVITIES: | ||||||||||
Payment for acquisitions, net of cash acquired | ||||||||||
19,981 | 137,562 | 0 | 8,275 | 0 | 27,894 | 0 | 0 | - | 426,653 | -3,027 |
Capital expenditures | ||||||||||
53,598 | 40,135 | 41,947 | 56,325 | 54,409 | 33,185 | 46,256 | 41,441 | 32,085 | 54,509 | 31,562 |
Proceeds from the sale of businesses | ||||||||||
0 | 350 | 5,632 | 34,030 | 8,135 | 0 | - | - | - | - | - |
Purchase of investments | ||||||||||
- | - | - | - | - | - | - | - | - | - | 2,996 |
Proceeds from sale of assets | ||||||||||
127 | 306 | 968 | 2,844 | 182 | 7,781 | 530 | 2,772 | 0 | 1,032 | 42 |
Customer contracts acquired | ||||||||||
20 | 0 | 0 | - | - | - | 186 | 720 | 0 | 0 | - |
Purchased software | ||||||||||
6,049 | 13,138 | 16,608 | 11,826 | 14,020 | 16,288 | 0 | 0 | - | - | - |
Computer software developed | ||||||||||
111,114 | 96,647 | 89,631 | 96,411 | 76,872 | 62,194 | 51,332 | 37,873 | 26,954 | 25,586 | 24,684 |
Payments to Acquire Other Investments | ||||||||||
0 | 5,000 | 0 | 0 | - | - | - | 2,000 | 3,999 | 3,999 | - |
Proceeds from investments | ||||||||||
- | - | - | - | - | - | - | 3,000 | 4,000 | 4,000 | 3,000 |
Net cash from investing activities | ||||||||||
-190,635 | -291,826 | -141,586 | -135,963 | -136,984 | -131,780 | -97,244 | -76,262 | -59,038 | -505,715 | -59,227 |
CASH FLOWS FROM FINANCING ACTIVITIES: | ||||||||||
Borrowings on credit facilities | ||||||||||
35,000 | 125,000 | 80,000 | 100,000 | 90,000 | 25,000 | 0 | 0 | 399 | 448,647 | 76,692 |
Repayments on credit facilities | ||||||||||
35,000 | 175,000 | 30,200 | 152,500 | 50,783 | 47,158 | 145,180 | 35,280 | 229,854 | 145,487 | 90,181 |
Debt acquisition costs | ||||||||||
- | - | - | - | 901 | 0 | 0 | - | - | 7,598 | 0 |
Purchase of treasury stock | ||||||||||
54,864 | 48,986 | 130,140 | 175,662 | 122,691 | 175,699 | 58,126 | 34,371 | 0 | 0 | 58,405 |
Dividends paid | ||||||||||
118,745 | 105,021 | 91,707 | 84,118 | 76,410 | 71,251 | 48,202 | 38,128 | 34,391 | 30,461 | 26,903 |
Other | ||||||||||
- | - | - | - | 4,343 | 3,406 | 3,621 | 3,465 | 1,056 | 661 | -349 |
Proceeds from issuance of common stock upon exercise of stock options | ||||||||||
237 | 176 | 1 | 697 | 642 | 609 | 6,775 | 11,004 | 19,375 | 31,204 | 2,720 |
Tax withholding payments related to share based compensation | ||||||||||
13,973 | 7,333 | 5,480 | 2,590 | 7,951 | 6,598 | 3,926 | 4,112 | 2,529 | 4,635 | 836 |
Proceeds from sale of common stock | ||||||||||
9,040 | 7,523 | 6,245 | 5,711 | 4,881 | 4,284 | 3,700 | 3,322 | 2,457 | 1,953 | 1,889 |
Net cash from financing activities | ||||||||||
-178,305 | -203,641 | -171,281 | -308,462 | -158,870 | -267,407 | -241,338 | -94,100 | -243,487 | 294,284 | -94,675 |
NET CHANGE IN CASH AND CASH EQUIVALENTS | ||||||||||
62,188 | -83,325 | 44,455 | -78,003 | 77,936 | -57,528 | -29,408 | 94,188 | -62,393 | 7,267 | 52,686 |