| May'19 | May'18 | May'17 | May'16 | May'15 | May'14 | May'13 | May'12 | May'11 | May'10 |
|---|---|---|---|---|---|---|---|---|---|
Cash Flows From Operating Activities | |||||||||
Net Income | |||||||||
60,176 | 63,215 | 43,973 | 36,538 | 33,576 | 28,031 | 27,041 | 22,389 | 22,795 | 17,521 |
Adjustments to reconcile net income to net cash from operating activities: | |||||||||
Depreciation and amortization | |||||||||
17,624 | 17,058 | 14,691 | 12,181 | 10,649 | 9,180 | 7,411 | 6,173 | 5,329 | 4,435 |
Deferred income taxes | |||||||||
1,197 | -2,996 | -292 | 1,906 | 496 | -542 | 287 | 1,340 | 2,253 | -200 |
Share-based compensation | |||||||||
5,543 | 4,909 | 5,261 | 5,468 | 4,450 | 3,686 | 3,064 | 2,455 | 2,237 | 2,237 |
Excess income tax benefit from exercise of stock options | |||||||||
- | - | 3,922 | 2,945 | 2,475 | 4,757 | 3,113 | 1,829 | 2,992 | 709 |
Change in operating assets and liabilities, net of business acquisitions: | |||||||||
Accounts receivable | |||||||||
4,025 | 10,233 | -5,035 | 6,002 | 7,252 | 10,602 | 2,674 | 7,204 | 903 | 2,240 |
Inventories | |||||||||
10,437 | 2,647 | 6,970 | 9,427 | -319 | 3,529 | 2,082 | 3,093 | 434 | -64 |
Prepaid expenses and other current assets | |||||||||
3,569 | 2,275 | -812 | 3,836 | -3,264 | 2,654 | 1,505 | -1,497 | -499 | -390 |
Accounts payable, accruals and other changes | |||||||||
-1,461 | 4,381 | -1,691 | - | - | - | - | - | - | - |
Accounts payable | |||||||||
- | - | - | 704 | 412 | 1,970 | -1,417 | 2,330 | 1,196 | 3,008 |
Accruals and other changes | |||||||||
-1,206 | -2,281 | 3,377 | 744 | 353 | 885 | -451 | -1,781 | -1,137 | 3,482 |
Net Cash From Operating Activities | |||||||||
63,842 | 69,131 | 60,274 | 35,331 | 43,792 | 21,668 | 26,561 | 22,277 | 28,843 | 27,988 |
Cash Flows For Investing Activities | |||||||||
Purchases of property, equipment and other assets | |||||||||
14,661 | 20,946 | 14,578 | 14,222 | 9,619 | 11,543 | 8,897 | 12,413 | 7,796 | 5,431 |
Proceeds from the sale of marketable securities | |||||||||
339,225 | 299,751 | 149,226 | 147,189 | 93,662 | 91,207 | 67,039 | 72,270 | 40,076 | 0 |
Purchases of marketable securities | |||||||||
437,324 | 361,419 | 162,755 | 151,625 | 105,944 | 91,691 | 82,776 | 71,631 | 60,315 | 0 |
Business acquisitions, net of cash acquired | |||||||||
6,388 | 468 | 34,029 | 42,491 | 6,554 | 39,265 | 13,318 | 4,011 | 0 | 20,302 |
Net Cash For Investing Activities | |||||||||
-119,148 | -83,082 | -62,136 | -61,149 | -28,455 | -51,292 | -37,952 | -15,785 | -28,035 | -25,733 |
Cash Flows From Financing Activities | |||||||||
Exercise of stock options and issuance of employee stock purchase plan shares | |||||||||
17,034 | 23,261 | 21,148 | 12,363 | 8,558 | 14,851 | 9,533 | 5,797 | 10,259 | 5,900 |
Repurchase of common stock | |||||||||
3,135 | - | - | - | - | - | - | - | - | - |
Excess income tax benefit from the exercise of stock options | |||||||||
- | - | 3,922 | 2,945 | 2,475 | 4,757 | 3,113 | 1,829 | 2,992 | 709 |
Purchase of non-controlling minority interest | |||||||||
- | -423 | - | - | - | - | - | - | - | - |
Increase in other long-term liabilities | |||||||||
- | - | - | - | - | - | -155 | -750 | -1,217 | 100 |
Net Cash From Financing Activities | |||||||||
13,899 | 22,838 | 25,070 | 15,308 | 11,033 | 19,608 | 12,491 | 6,876 | 12,034 | 6,709 |
Effect of Exchange Rates on Cash | |||||||||
21 | -3,380 | -898 | -294 | -984 | 659 | -113 | -167 | 196 | 0 |
Net Increase In Cash and Cash Equivalents | |||||||||
-41,386 | 5,507 | 22,310 | -10,804 | 25,386 | -9,357 | 987 | 13,201 | 13,038 | 8,964 |
Income taxes paid, net of refunds | |||||||||
13,027 | 14,966 | 17,704 | 13,413 | 10,454 | 9,956 | 8,986 | 6,445 | 9,863 | 6,283 |