Logitech international s.a. (LOGI)
CashFlow / TTM
Dec'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'10Dec'09Sep'09Jun'09
Cash flows from operating activities:
Net Income (Loss) Available to Common Stockholders, Basic

277,924

273,209

264,452

257,573

249,856

217,819

210,001

208,542

213,563

230,255

220,942

205,876

195,148

162,769

133,821

119,317

-18,647

-20,949

-2,956

9,283

129,168

114,268

92,754

74,304

28,096

-215,119

-175,146

-227,518

-130,863

119,801

82,697

104,237

48,661

58,330

82,045

131,173

150,177

142,261

121,844

64,957

0

0

0

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

42,970

42,962

43,574

43,471

43,732

43,822

42,846

41,295

38,860

36,873

37,164

41,121

46,703

52,487

53,697

51,108

48,629

43,849

41,869

41,304

45,771

46,817

47,787

48,967

50,660

51,301

51,745

51,766

50,937

49,991

50,257

52,277

47,727

49,441

49,025

48,191

50,193

53,666

57,241

56,380

0

0

0

Amortization of Intangible Assets

28,922

27,594

26,174

24,200

22,183

19,703

17,900

15,600

13,435

11,771

10,285

9,400

6,967

4,526

2,861

1,885

2,273

4,229

6,311

8,361

10,405

12,611

15,289

17,771

20,149

21,500

22,437

23,571

25,401

26,231

26,966

27,198

27,508

27,993

28,183

28,464

28,078

23,939

19,093

14,515

0

0

0

Loss (gain) on investments

-545

371

1,040

816

708

615

915

669

572

833

309

569

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,298

2,315

199

254

624

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on equity method investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on disposal of property, plant and equipment

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

44

-489

-1,945

-2,122

-4,411

0

0

0

-

-

-

-

6,533

4,904

4,904

6,580

838

0

0

0

-

0

0

0

Inventory valuation adjustment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

Share-based compensation expense

53,403

51,427

49,224

50,265

48,062

47,763

46,692

44,138

42,775

40,606

38,078

35,890

33,830

31,061

29,119

27,351

25,654

26,083

25,636

25,825

28,180

30,046

28,094

25,546

23,951

20,260

23,417

25,198

26,808

28,513

27,985

31,529

34,250

34,579

36,099

34,846

32,534

31,361

28,860

25,807

0

0

0

Gain on sale of securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

831

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefits from share-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,387

3,328

3,115

2,831

0

0

0

-

-

-

-

26

30

29

18

37

753

2,809

3,058

3,455

7,257

4,836

3,523

2,814

0

0

0

Gain on cash surrender value of life insurance policies

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

901

3,340

1,456

399

1,223

0

0

0

Deferred income taxes

-2,055

-11,420

-5,979

-12,257

-9,309

9,259

7,361

7,141

4,804

-13,945

-11,228

-2,397

3,217

5,267

12,288

6,604

8,305

5,550

-2,660

2,240

-4,418

-3,285

-3,244

-4,828

-16,168

-3,304

-5,570

-3,209

8,147

2,499

10,397

-2,249

-7,825

-19,041

-21,901

-8,492

3,854

-15,626

-17,619

-17,895

0

0

0

Change in fair value of contingent consideration for business acquisition

-

-

-

-

-

-

-

-4,908

-3,075

-13,000

-10,070

-8,092

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

-864

-307

-358

-230

-382

76

110

-11

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in assets and liabilities, net of acquisitions:
Accounts receivable, net

47,146

11,278

24,505

58,798

21,279

68,120

59,218

26,363

71,167

41,270

33,594

46,553

-1,913

-23,915

-18,060

-25,513

-7,194

29,860

12,563

8,018

374

-2,525

-2,623

219

44,027

-27,501

548

-45,273

-50,800

-7,263

-16,498

-29,279

-10,825

-4,535

21,062

58,563

126,461

111,022

-56,518

-28,489

0

0

0

Inventories

-32,442

-15,077

6,032

21,551

47,424

10,276

-18,236

-16,047

5,926

45,189

25,810

15,428

1,294

-59,091

-76,123

-31,966

12,273

88,968

96,211

60,510

-5,804

-44,160

-59,294

-49,471

-36,253

-33,261

15,530

-23,109

-2,795

5,513

-31,859

33,277

13,566

-9,426

49,246

60,482

32,289

99,566

34,760

-30,942

0

0

0

Other assets

-5,164

11,827

9,962

8,800

9,053

19,474

18,045

16,908

17,916

9,061

7,226

5,309

-1,008

-1,798

763

1,975

7,021

7,155

4,604

4,284

5,012

-113

1,681

1,388

-4,845

-5,810

-3,809

-5,381

-6,851

3,254

-3,247

2,570

11,417

-4,206

-4,511

-5,581

-32,497

-942

-11,235

-15,038

0

0

0

Accounts payable

2,399

-28,219

-14,730

-19,134

-359

45,745

30,236

17,695

67,075

50,919

20,337

24,459

-17,772

-24,789

-49,876

-58,104

17,866

50,662

54,179

60,413

28,565

197

-13,517

-21,322

-13,876

-65,908

34,752

-33,406

-36,753

29,334

-61,207

3,327

-8,899

-27,973

6,535

37,714

71,699

74,127

109,614

94,155

0

0

0

Accrued and other liabilities

-37,792

4,153

8,617

51,278

88,308

90,296

67,139

44,655

21,889

16,791

31,849

49,917

27,988

-10,840

-33,927

-4,317

-122

-2,120

-5,680

-18,139

-4,906

3,132

6,190

14,330

27,288

28,872

-35,187

-9,214

-29,454

-2,046

45,848

5,462

7,885

-13,344

14,485

3,461

32,488

41,174

44,789

56,265

0

0

0

Net cash provided by operating activities

355,892

350,980

329,415

305,181

363,620

375,981

359,426

346,261

303,826

264,003

270,489

288,389

274,996

291,943

227,811

185,195

192,420

103,066

125,275

178,632

231,780

249,816

233,338

205,421

128,740

129,451

129,134

122,389

152,714

210,147

191,886

202,534

157,491

153,486

154,368

156,742

219,328

237,249

295,842

365,259

0

0

0

Cash flows from investing activities:
Purchases of property, plant and equipment

36,293

35,654

36,526

35,930

40,459

40,928

38,457

39,748

36,025

34,234

33,704

31,804

29,544

40,096

49,460

56,615

60,919

51,566

49,300

45,253

46,525

46,436

43,545

46,658

47,365

46,856

46,927

54,487

64,814

66,095

65,554

54,199

42,621

38,541

41,682

43,039

45,231

47,109

59,454

39,834

0

0

0

Investment in privately held companies

-

0

2,662

-

-

1,226

1,105

1,240

1,200

1,000

1,000

960

960

2,419

2,499

2,419

2,099

480

1,740

2,550

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisitions, net of cash acquired

91,475

272

133,571

133,814

133,908

137,231

88,566

88,323

88,323

85,000

13,000

66,987

66,987

66,987

53,987

0

0

0

0

-

-

-

-

650

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of other intangible asset

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Release of restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales of available-for-sale securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

917

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from the sale of property, plant and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,967

4,904

4,904

4,904

2,688

0

0

0

-

-

-

-

Purchases of trading investments

3,939

4,006

3,858

5,203

7,546

8,776

7,944

6,053

4,026

2,780

3,432

7,052

11,092

12,241

12,945

9,619

5,966

5,453

5,483

5,034

4,082

4,534

4,498

8,450

9,733

8,694

7,205

4,196

4,222

4,617

5,357

7,505

0

0

0

-

-

-

-

-

-

-

-

Proceeds from sales of trading investments

4,001

4,077

4,029

5,700

8,052

9,560

8,643

6,423

4,421

2,885

3,540

7,124

11,317

12,514

13,464

10,073

6,286

5,784

5,808

5,474

4,539

4,937

4,752

8,994

10,465

9,427

7,826

4,463

4,188

4,515

5,284

7,399

0

0

0

-

-

-

-

-

-

-

-

Proceeds from cash surrender of life insurance policies

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

813

0

0

0

Net cash used in investing activities

-127,030

-38,112

-173,969

-173,345

-178,268

-173,317

-127,192

-128,704

-125,631

-127,396

-48,311

-99,679

-98,661

-110,624

-106,822

-60,690

-63,624

-52,641

-51,641

-48,289

-48,918

-48,622

-44,380

-46,803

-47,472

-47,223

-51,376

-57,723

-63,838

-58,637

-72,911

-57,602

-41,201

-44,675

-36,333

-39,861

-50,892

-440,330

-429,358

-427,830

0

0

0

Cash flows from financing activities:
Purchases of registered shares

25,122

27,675

37,594

32,449

32,768

39,941

40,080

30,722

40,430

51,574

59,988

83,786

85,320

64,450

85,966

70,358

50,465

50,465

10,477

1,663

0

0

0

-

-

-

-

87,812

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Payment of contingent consideration for business acquisition

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

100

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercises of stock options and purchase rights

19,462

17,381

17,346

18,057

21,098

21,917

30,445

41,910

50,166

55,090

51,544

39,574

27,560

23,148

16,300

19,767

14,234

13,708

7,630

4,138

10,915

12,312

17,476

16,914

15,604

13,109

15,590

15,982

16,582

16,835

17,388

17,591

24,485

36,195

38,279

43,001

41,306

32,515

29,847

28,917

0

0

0

Tax withholdings related to net share settlements of restricted stock units

24,755

24,298

25,059

30,770

33,419

33,487

33,211

29,813

30,863

31,071

30,910

18,412

14,944

14,792

15,136

7,247

7,116

11,394

9,816

9,215

10,237

6,588

6,198

5,718

3,317

2,193

2,420

2,375

2,071

1,416

960

966

890

185

176

223

0

0

0

-

-

-

-

Excess tax benefits from share-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,387

3,328

3,115

2,831

0

0

0

-

-

-

-

26

30

29

18

37

753

2,809

3,058

3,455

3,841

2,144

2,947

2,814

0

0

0

Net cash used in financing activities

-154,595

-158,772

-159,278

-159,133

-159,060

-170,482

-152,094

-127,873

-130,375

-131,803

-132,447

-155,717

-167,886

-150,350

-171,382

-143,753

-126,875

-174,505

-54,393

-48,854

-40,060

7,458

-22,318

-22,681

-23,264

-25,203

-120,271

-207,641

-289,635

-288,728

-227,402

-139,374

-48,786

-34,315

41,161

46,233

19,861

-4,228

-107,360

-108,200

0

0

0

Effect of exchange rate changes on cash and cash equivalents

-2,709

-4,582

-3,328

-10,134

-6,692

-6,080

-3,681

4,730

2,775

-1,872

-2,900

-5,370

-3,858

-1,542

-1,724

1,405

-9,547

-10,368

-11,994

-13,863

-6,054

-3,226

-516

-349

-138

738

633

-1,571

-575

-5,199

-7,203

-5,119

-4,897

-2,725

-144

-5,127

-8,623

-9,856

-9,226

-2,044

0

0

0

Net increase (decrease) in cash and cash equivalents

71,558

149,514

-7,160

-37,431

19,600

26,102

76,459

94,414

50,595

2,932

86,831

27,623

4,591

29,427

-52,117

-17,843

-7,626

-134,448

7,247

67,626

136,748

205,426

166,124

135,588

57,866

57,763

-41,880

-144,546

-201,334

-142,417

-115,630

439

62,607

71,771

159,052

157,987

179,674

-217,165

-250,102

-172,815

0

0

0

Non-cash investing activities:
Property, plant and equipment purchased during the period and included in period end liability accounts

5,112

4,128

2,732

3,983

1,832

1,917

4,987

3,869

6,807

7,283

5,283

5,072

5,585

-4,015

-1,898

4,958

5,669

16,655

10,141

5,242

4,060

4,837

9,241

5,204

7,427

5,061

2,715

4,828

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

The following amounts reflected in the consolidated statements of cash flows are included in discontinued operations:
Depreciation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,207

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of intangible assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,438

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Share-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

332

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of property, plant and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,431

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-