Manhattan associates, inc. (MANH)
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'11
Operating activities:
Net income

87,320

85,762

94,919

96,267

103,010

104,690

103,289

107,433

110,909

116,481

121,884

122,781

124,978

124,234

120,687

115,088

107,751

103,475

97,459

91,902

86,492

82,000

78,492

75,840

72,653

67,296

62,920

57,041

53,806

51,853

49,908

50,976

49,143

44,907

0

0

0

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

8,419

7,987

7,707

7,949

8,325

8,613

8,813

8,909

9,000

9,060

9,147

9,206

9,146

9,090

8,914

8,557

8,189

7,764

7,381

7,079

6,670

6,377

6,120

5,859

5,829

5,825

5,854

5,819

5,778

5,638

5,503

5,822

6,627

7,284

0

0

0

Equity-based compensation

32,223

31,841

28,937

26,238

22,703

19,864

19,761

18,231

16,100

16,229

15,251

15,019

15,718

15,934

15,165

16,972

16,138

14,528

13,791

10,740

10,475

9,671

9,043

7,955

7,692

7,325

7,792

8,741

8,585

8,338

8,850

9,195

9,623

10,372

0

0

0

Loss on disposal of equipment

428

429

433

25

-68

-59

-174

-106

-129

-152

-45

-25

-47

-30

-27

-22

20

30

28

36

3

13

24

-15

-13

-31

0

0

0

-

-

-

-

-25

0

0

0

Tax benefit of stock awards exercised/vested

-

-

-

-

-

-

-

-

-

-

-

-

-

5,209

5,901

6,391

7,592

9,170

9,680

9,534

8,694

8,640

8,074

8,947

9,321

6,980

9,168

9,907

9,616

9,901

11,170

9,577

10,773

7,481

0

0

0

Excess tax benefits from equity-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

5,214

5,904

6,396

7,591

9,147

9,616

9,471

8,632

8,562

7,991

8,679

8,983

6,637

7,810

8,343

8,060

7,531

6,784

5,338

5,419

2,474

0

0

0

Deferred income taxes

2,323

-1,406

-5,352

-4,796

-4,070

-4,265

589

411

630

1,574

2,797

2,813

2,581

1,797

561

1,266

1,549

1,532

-1,115

-1,368

-1,277

-1,705

1,839

1,779

2,785

3,165

4,029

5,192

4,506

5,388

7,037

5,503

6,043

2,409

0

0

0

Unrealized foreign currency (gain) loss

2,219

708

-1,101

-1,813

-1,012

-298

1,270

1,205

241

-196

-63

-52

228

393

400

471

-85

-49

502

333

811

624

-113

-403

-370

-205

-72

118

-180

-427

-735

-41

69

189

0

0

0

Changes in operating assets and liabilities:
Accounts receivable, net

5,804

1,065

16,524

1,740

24,321

9,341

-3,049

3,017

-1,088

-10,139

-2,587

3,228

1,359

4,358

7,464

11,112

1,109

12,223

6,220

-1,564

18,814

16,758

20,008

17,523

6,933

9,174

-5,013

4,211

2,564

5,446

16,396

12,002

12,060

8,994

0

0

0

Other assets

10,792

8,924

6,103

5,284

3,155

4,357

3,695

1,571

-377

-661

-914

1,562

3,412

-299

1,390

2,454

-369

1,427

382

990

2,775

5,198

7,183

3,835

3,156

-697

-538

142

21

-281

-1,429

59

414

1,332

0

0

0

Accounts payable, accrued and other liabilities

6,827

20,812

23,815

6,995

12,359

18,603

7,978

12,609

4,144

-5,354

2,499

-754

-1,138

-9,261

-7,181

1,080

-289

-1,592

3,511

4,371

5,668

13,519

9,330

6,357

4,178

3,164

-3,169

-3,447

-1,297

-162

-1,807

-2,246

1,840

-3,537

0

0

0

Income taxes

-6,036

1,180

3,674

6,765

-4,845

-4,390

-3,461

-3,088

-4,010

1,876

-2,085

-894

12,257

6,129

4,394

844

892

-2,271

2,178

3,696

3,866

338

-4,848

-5,173

3,573

4,500

3,471

2,555

5,943

8,831

3,502

3,794

-3,244

-2,514

0

0

0

Deferred revenue

11,476

11,858

14,636

7,480

10,149

7,575

15,518

20,747

15,965

13,052

1,386

8,976

1,611

-4,150

4,307

7,185

11,848

10,325

8,342

-870

640

6,477

3,761

4,778

1,089

6,010

2,340

2,065

5,885

-2,201

3,132

2,895

429

4,905

0

0

0

Net cash provided by operating activities

123,309

146,908

146,377

141,662

121,235

137,349

150,745

159,565

154,091

164,066

154,487

152,434

160,196

139,346

137,617

136,972

145,404

120,153

124,479

115,818

90,193

94,162

76,718

76,723

88,431

89,387

90,250

75,017

82,312

75,271

66,236

65,649

60,779

55,824

0

0

0

Investing activities:
Purchase of property and equipment

15,822

15,193

13,128

6,556

5,748

7,306

7,838

7,551

7,584

6,199

5,275

5,439

5,726

6,843

7,338

9,830

10,300

11,492

12,358

11,604

11,357

9,415

8,215

6,687

5,298

4,740

6,738

6,256

6,675

7,873

5,738

6,328

5,532

5,074

0

0

0

Net maturities of investments

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net purchases of investments

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

0

-

0

0

0

-

0

0

0

-

0

0

0

Net cash (used in) provided by investing activities

-15,822

-13,754

-9,025

-2,453

5,757

-9,838

-8,118

-2,861

-8,123

-5,770

-9,762

-12,808

-8,573

3,358

2,637

-4,215

-9,654

-13,543

-12,813

-12,968

-15,461

-12,667

-13,648

-9,138

-7,675

-7,805

-7,892

-8,670

-9,032

-7,009

-5,974

-3,917

-2,119

-4,609

0

0

0

Financing activities:
Purchase of common stock

134,359

121,487

111,223

95,846

123,667

149,322

174,565

153,801

130,903

131,707

131,665

156,741

166,761

167,933

143,267

143,620

133,896

112,138

112,337

102,229

102,058

99,204

89,190

87,602

76,904

64,199

80,203

87,822

90,142

103,155

109,242

117,383

139,050

133,144

0

0

0

Proceeds from issuance of common stock from options exercised

-

-

-

-

-

-

-

-

-

-

-

-

-

18

167

200

457

717

1,125

1,277

1,119

1,571

1,399

2,722

3,861

5,754

11,743

18,010

18,597

32,082

48,164

45,137

57,307

52,721

0

0

0

Excess tax benefits from equity-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

5,214

5,904

6,396

7,591

9,147

9,616

9,471

8,632

8,562

7,991

8,679

8,983

6,637

7,810

8,343

8,060

7,531

6,784

5,338

5,419

2,474

0

0

0

Net cash used in financing activities

-134,359

-121,487

-111,223

-95,846

-123,667

-149,322

-174,565

-153,801

-130,903

-131,707

-131,621

-156,601

-166,570

-162,701

-137,196

-137,024

-125,848

-102,274

-101,596

-91,481

-92,307

-89,071

-79,800

-76,201

-64,060

-51,808

-60,650

-61,469

-63,485

-63,542

-54,294

-66,908

-76,324

-77,949

0

0

0

Foreign currency impact on cash

-2,728

-115

-2,260

-2,996

-5,114

-4,585

-3,131

-573

2,395

3,318

883

544

-1,657

-2,804

-1,256

-2,754

-1,179

-1,628

-2,157

-2,334

-1,985

-1,091

-391

1,114

-1,140

-2,136

-2,561

-1,347

-979

-163

-1,031

-3,132

-1,702

-1,830

0

0

0

Net change in cash and cash equivalents

-29,600

11,552

23,869

40,367

-1,789

-26,396

-35,069

2,330

17,460

29,907

13,987

-16,431

-16,604

-22,801

1,802

-7,021

8,723

2,708

7,913

9,035

-19,560

-8,667

-17,121

-7,502

15,556

27,638

19,147

3,531

8,816

4,557

4,937

-8,308

-19,366

-28,564

0

0

0