| Oct'19 | Oct'18 | Oct'17 | Oct'16 | Oct'15 | Oct'14 | Oct'13 | Oct'12 | Oct'11 | Oct'10 | Oct'09 | Oct'08 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | |||||||||||
Net income | |||||||||||
337,091 | 377,375 | 295,802 | 271,843 | 211,111 | 246,773 | 221,817 | 224,829 | 222,364 | 168,048 | -160,055 | 117,504 |
Tax benefit from the exercise of stock options | |||||||||||
- | - | - | - | 3,661 | 6,385 | 5,531 | 4,792 | 6,924 | 7,798 | 284 | 9,002 |
Non-cash stock compensation | |||||||||||
18,086 | 21,550 | 20,168 | 18,211 | 15,262 | 17,407 | 11,762 | 10,365 | 8,845 | 7,633 | -814 | 9,247 |
Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
Depreciation | |||||||||||
55,454 | 52,959 | 45,947 | 41,243 | 37,707 | 34,446 | 31,766 | 24,469 | 20,758 | 22,625 | 26,310 | 26,440 |
Amortization | |||||||||||
54,790 | 55,448 | 44,907 | 29,061 | 27,487 | 25,308 | 22,672 | 14,521 | 8,018 | 6,263 | 5,100 | 5,797 |
Long-lived asset impairments | |||||||||||
- | - | - | - | - | - | - | - | 1,811 | - | - | - |
Goodwill and long-lived asset impairments | |||||||||||
- | - | - | - | - | - | - | - | - | - | 243,043 | - |
Provision for losses on receivables | |||||||||||
2,254 | 1,185 | 4,030 | 1,867 | 1,014 | 867 | 889 | 710 | 977 | 607 | 1,998 | 413 |
Deferred income taxes | |||||||||||
-1,018 | -33,949 | -472 | -3,597 | 2,100 | 3,489 | 5,122 | 9,828 | 716 | 26,830 | 4,055 | 7,355 |
Other non-cash expense | |||||||||||
669 | -1,359 | -2,770 | 2,973 | 56 | 406 | 760 | -401 | -1,519 | - | - | - |
Loss on sale of property, plant and equipment | |||||||||||
-953 | -830 | -188 | -859 | -376 | -218 | 1,879 | 638 | -362 | 18 | 4,324 | 369 |
Changes in operating assets and liabilities: | |||||||||||
Receivables | |||||||||||
39,992 | -10,236 | 46,152 | 41,247 | 37,179 | 65,692 | -19,971 | 49,595 | 4,474 | 50,732 | -42,182 | 8,118 |
Inventories | |||||||||||
23,117 | -5,532 | 19,667 | -1,784 | 14,208 | 8,699 | 10,741 | -171 | 14,666 | 15,004 | -22,688 | 5,413 |
Prepaid expenses | |||||||||||
2,024 | 4,046 | -4,737 | 8,667 | -1,799 | 1,852 | 75 | 1,201 | 1,619 | - | - | - |
Other assets | |||||||||||
74 | -320 | 3,429 | -7,773 | -1,733 | 232 | 5,898 | 1,290 | -875 | - | - | - |
Other current assets | |||||||||||
- | - | - | - | - | - | - | - | - | -222 | -1,170 | -156 |
Other noncurrent assets | |||||||||||
- | - | - | - | - | - | - | - | - | 2,837 | 872 | -7,534 |
Accounts payable | |||||||||||
654 | -2,671 | 4,805 | 7,296 | -1,261 | 6,906 | -2,549 | 4,882 | 4,389 | 7,046 | -10,257 | -7,678 |
Income taxes payable | |||||||||||
-3,832 | -2,718 | 7,522 | -2,684 | 15,616 | 9,524 | -8,552 | 18,855 | -1,993 | 18,170 | 5,456 | 8,817 |
Accrued liabilities | |||||||||||
-14,027 | 2,134 | -5,629 | 23,328 | 5,817 | 27,932 | -19,130 | 12,923 | 3,263 | 5,466 | -20,766 | -3,102 |
Customer advance payments | |||||||||||
2,193 | 5,047 | 5,163 | 3,631 | -1,062 | -2,103 | -839 | 2,124 | -2,382 | 2,614 | 853 | -2,560 |
Other liabilities | |||||||||||
-4,325 | 18,402 | 2,266 | -17,739 | 2,830 | 59 | 7,195 | 12,156 | 12,035 | -38,515 | -10,306 | -10,562 |
Loss on divestiture | |||||||||||
- | - | - | - | - | - | - | - | - | -357 | - | - |
Other | |||||||||||
496 | -4,355 | -6,204 | -1,301 | -3,586 | -217 | 1,616 | -3,518 | -4,109 | -10,791 | 23,500 | -22,417 |
Net cash provided by operating activities | |||||||||||
382,893 | 504,638 | 356,752 | 334,634 | 261,951 | 288,155 | 268,376 | 274,398 | 246,727 | 140,186 | 168,677 | 114,042 |
Cash flows from investing activities: | |||||||||||
Additions to property, plant and equipment | |||||||||||
64,244 | 89,790 | 71,558 | 60,851 | 62,087 | 43,574 | 47,219 | 30,959 | 20,239 | 14,317 | 12,514 | 26,386 |
Proceeds from sale of property, plant and equipment | |||||||||||
1,285 | 458 | 4,007 | 1,300 | 597 | 323 | 3,847 | 6,120 | 161 | 354 | 8,611 | 2,349 |
Proceeds from sale of product lines | |||||||||||
- | - | - | - | - | - | - | 2,213 | - | -990 | - | - |
Acquisition of businesses, net of cash acquired | |||||||||||
12,486 | 50,586 | 805,943 | 42,650 | 75,565 | 186,420 | 176,333 | 443,864 | 292,980 | 18,576 | - | 4,699 |
Equity investments | |||||||||||
844 | - | 4,470 | - | 1,480 | 854 | 1,116 | - | - | - | - | - |
Acquisition of non-controlling interest | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 3,191 |
Proceeds from sale of marketable securities | |||||||||||
- | - | - | - | - | - | -276 | 279 | -7,552 | 7,795 | 36 | -3 |
Net cash used in investing activities | |||||||||||
-76,289 | -139,918 | -877,964 | -102,201 | -138,535 | -230,525 | -220,545 | -466,769 | -305,506 | -41,324 | -3,939 | -31,924 |
Cash flows from financing activities: | |||||||||||
Proceeds from short-term borrowings | |||||||||||
- | 996 | 6,017 | 13,456 | 59,870 | 108,679 | 5,036 | 250,001 | 190 | 12,566 | 613 | 159,387 |
Repayment of short-term borrowings | |||||||||||
- | 1,006 | 8,149 | 12,059 | 164,716 | 6,093 | 51,505 | 200,033 | 2,361 | 11,411 | 41,591 | 136,663 |
Proceeds from long-term debt | |||||||||||
186,635 | 585,661 | 841,536 | 261,161 | 719,534 | 158,828 | 270,283 | 401,175 | 1,039,800 | 116,000 | 46,200 | 108,530 |
Repayment of long-term debt | |||||||||||
254,473 | 854,538 | 237,183 | 392,775 | 289,202 | 107,591 | 208,067 | 136,589 | 830,937 | 162,290 | 132,490 | 192,820 |
Repayment of finance lease obligations | |||||||||||
4,859 | 5,333 | 5,287 | 5,059 | 5,240 | 5,854 | 5,842 | 5,203 | 4,738 | 4,392 | 5,158 | 6,027 |
Payment of debt issuance costs | |||||||||||
1,742 | 1,826 | 3,214 | 99 | 1,557 | - | - | - | - | - | - | - |
Issuance of common shares | |||||||||||
26,020 | 18,811 | 14,086 | 11,476 | 5,372 | 7,013 | 6,018 | 4,934 | 9,652 | 13,828 | 2,986 | 16,135 |
Purchase of treasury shares | |||||||||||
120,510 | 24,012 | 3,216 | 33,421 | 383,851 | 166,434 | 33,402 | 88,455 | 137,989 | 24,935 | 7,115 | 35,615 |
Tax benefit from the exercise of stock options | |||||||||||
- | - | - | - | 3,661 | 6,385 | 5,531 | 4,792 | 6,924 | 7,798 | 284 | 9,002 |
Dividends paid | |||||||||||
82,145 | 72,443 | 63,840 | 56,436 | 54,849 | 48,391 | 40,478 | 33,805 | 29,838 | 26,439 | 24,747 | 24,645 |
Net cash provided by (used in) financing activities | |||||||||||
-251,074 | -353,690 | 540,750 | -213,756 | -110,978 | -53,458 | -52,426 | 196,817 | 50,703 | -79,275 | -161,018 | -102,716 |
Effect of exchange rate changes on cash | |||||||||||
-44 | -5,735 | 3,606 | -1,706 | -4,484 | -4,233 | 5,731 | -615 | 3,155 | 3,961 | 3,306 | 1,217 |
Decrease in cash and cash equivalents | |||||||||||
55,486 | 5,295 | 23,144 | 16,971 | 7,954 | -61 | 1,136 | 3,831 | -4,921 | 23,548 | 7,026 | -19,381 |