ePlus inc. PLUS Cash Flow

Eplus inc. (PLUS)

CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10
Cash flows from operating activities:
Net earnings attributable to common shareholders - basic and diluted
69,082	70,888	66,202	64,107	63,192	57,037	57,754	56,972	55,122	56,715	53,754	53,308	50,556	50,023	47,700	46,604	44,747	43,700	48,904	45,177	45,840	45,152	40,261	36,900	35,273	34,753	33,176	34,618	34,830	30,985	30,695	27,726	23,367	23,066	21,872	22,717	23,727	0	0	0
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:
Depreciation and amortization
19,156	20,515	19,849	19,103	18,639	17,844	17,949	17,102	15,827	14,297	12,644	12,181	11,731	11,718	13,309	14,520	15,980	17,154	16,447	15,969	15,575	14,395	15,027	14,889	14,755	15,263	13,912	13,173	12,168	10,752	10,112	9,765	9,365	10,427	10,143	9,786	9,972	0	0	0
Current period expense charged to operations, the offset is to the allowance for doubtful accounts for the purpose of reducing receivables, including notes receivable, to an amount that approximates their net realizable value (the amount expected to be collected); or to cost of goods sold that represents the reduction of the carrying amount of inventory, generally attributable to obsolescence; or to valuation allowance for the amount of products sold that the entity expects to be returned.
-	-	0	329	-	-	0	242	-	109	132	841	749	801	756	366	-216	-241	-243	-485	125	878	887	1,096	853	155	-118	-32	-192	2,274	3,046	2,893	3,244	995	1,132	371	303	0	0	0
Provision for inventory allowances and inventory returns
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0
Total share-based compensation expense
8,000	7,800	7,700	7,400	7,200	7,044	6,920	6,693	6,500	6,361	6,302	6,074	6,025	6,021	5,903	5,938	5,711	5,367	5,049	4,769	4,585	4,431	4,261	4,134	3,968	3,753	3,659	3,501	3,283	3,151	2,890	2,624	2,392	2,120	1,848	1,519	1,258	0	0	0
Excess tax benefit from share-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,130	1,050	1,653	1,762	1,624	2,428	2,405	1,648	1,165	1,193	927	740	1,799	998	656	601	0	0	0
Tax benefit of stock options exercised
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Deferred taxes
2,185	-3,492	-3,277	-3,277	-3,280	0	0	0	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash operating lease income included in net earnings during the period due to loan payments from lessee made directly to lenders.
70	82	115	146	156	238	330	463	1,445	1,218	1,393	854	1,724	2,890	3,607	5,072	4,646	5,261	5,800	6,688	7,685	7,693	7,922	7,820	7,539	7,625	7,238	6,768	5,567	5,192	4,713	4,290	4,371	12,201	10,069	7,779	5,184	0	0	0
The gains (losses) included in results of operations resulting from the sale or disposal of property, plant and equipment, including operating lease equipment, which do not qualify for treatment as discontinued operations.
814	1,334	1,524	1,936	2,027	2,446	4,269	7,876	8,694	7,790	7,488	4,200	3,977	4,225	4,440	3,668	3,104	3,295	1,509	2,873	3,112	3,361	3,592	2,790	2,473	1,653	1,387	776	946	854	2,203	1,990	1,303	3,241	856	925	1,038	0	0	0
Gain on sale of financing receivables
0	4,047	6,493	7,723	9,077	7,201	5,882	5,858	6,796	8,633	8,364	8,813	7,976	5,632	6,222	7,068	7,103	6,683	6,696	5,133	5,884	4,776	4,997	4,380	5,843	7,702	6,497	6,701	2,997	0	0	0	-	-	-	-	-	-	-	-
Gain on settlement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,434	1,434	1,434	1,434	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Excess increase in cash value of life insurance
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	69	0	0	0
Other
-	-	0	-4	-	-	67	71	65	-122	-234	82	193	277	606	341	185	397	183	132	127	-85	-117	-53	-109	-92	-312	-469	-15	471	338	552	208	0	0	0	-	-	-	-
Changes in:
Accounts receivable
64,388	79,630	51,119	43,447	34,306	39,916	1,011	39,794	-6,582	-30,229	-19,350	6,713	17,232	34,604	26,825	64,215	8,564	2,942	51,879	-466	-1,372	24,544	36,412	901	36,751	11,403	-10,625	3,206	14,230	42,807	32,159	67,118	50,529	91,191	57,212	6,535	11,330	0	0	0
Accounts receivable-other
-	-	-	-	-	-	-	-	-	-	-	-	-	5,554	3,745	4,536	2,498	8,075	3,823	-1,951	2,407	-5,470	-612	-658	2,621	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Notes receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	3,990	5,497	7,439	3,871	0	0	0
Inventories-net
-115	9,684	-458	6,263	10,929	24	4,747	-39,361	-54,982	-60,732	-30,342	43,653	60,022	85,184	61,266	21,209	13,405	2,168	-10,705	-4,304	-3,161	-1,144	9,687	1,224	7,724	-211	3,914	3,490	-8,764	7,944	2,881	6,762	13,775	19,360	5,761	11,980	-118	0	0	0
Financing receivables-net
109,355	94,446	78,384	69,830	7,883	-3,438	17,189	917	8,537	36,666	7,349	9,939	5,824	-19,157	3,884	9,001	9,310	15,303	6,544	7,393	19,560	25,595	36,786	40,208	30,792	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Investment in direct financing and sale-type leases-net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-16,638	-30,504	-20,804	-13,544	0	0	0
Deferred costs and other assets
20,982	16,983	18,334	14,458	-5,412	-9,779	3,031	4,756	16,241	24,978	12,248	11,200	1,091	-7,139	-3,021	-18,331	-11,189	-2,137	358	14,187	10,060	7,078	1,359	-2,415	1,179	-33,154	-1,540	507	479	31,856	-9,911	-11,948	-20,126	2,783	14,178	6,975	10,951	0	0	0
Accounts payable-trade
-8,884	29,968	25,666	23,443	12,456	-2,086	9,553	2,730	258	-30,957	-17,879	7,648	3,845	58,382	21,250	16,439	-738	-7,271	5,321	-4,388	-16,810	6,823	3,997	15,998	33,090	-11,360	6,383	-2,430	4,568	21,182	6,278	4,520	10,218	11,071	2,222	-323	-3,490	0	0	0
Accounts payable-equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-961	-927	18,654	-11,708	4,444	413	-4,983	9,735	-2,666	-4,184	-859	-33,644	0	0	0
Salaries and commissions payable, deferred revenue and other liabilities
35,193	35,605	34,252	27,128	-6,603	-10,278	-3,593	-26,236	-15,110	-5,919	20,262	53,097	58,959	42,585	5,742	-12,629	-17,633	-9,995	-4,629	12,049	12,695	12,238	18,799	1,728	4,052	-28,516	-2,084	689	1,354	31,574	-4,774	-7,095	-10,468	-9,896	-12,185	-781	8,673	0	0	0
Net decrease in short-term investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Purchases of short-term investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,233	8,629	8,628	8,134	7,396	0	0	0	-	-	-	-
Net cash provided by (used in) operating activities
-74,174	-37,489	2,092	1,049	39,411	36,114	52,351	37,184	82,766	52,138	90,152	42,285	33,016	61,529	-8,187	-21,438	14,110	6,624	3,897	42,594	14,411	8,613	-24,779	-6,488	-8,223	720	54,224	46,088	41,270	16,691	-8,864	-35,562	-21,596	-1,268	-7,699	-702	-9,398	0	0	0
Cash flows from investing activities:
Maturities of short-term investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	982	1,228	1,971	4,187	7,647	7,401	6,658	4,442	0	0	0	0	-	-	-	-
Proceeds from sale of property, equipment and leased equipment
1,705	2,473	2,508	2,877	3,619	6,986	8,191	14,457	14,403	10,926	11,727	6,219	7,339	7,962	7,320	7,188	6,931	6,510	6,010	8,339	8,562	8,259	7,960	5,843	4,138	3,574	2,975	2,055	1,923	1,865	1,937	2,135	2,176	2,446	3,399	3,890	4,208	0	0	0
Purchases of property, equipment and operating lease equipment
7,009	10,346	10,066	11,517	11,629	9,784	10,605	7,349	7,590	8,556	9,825	10,539	9,558	4,760	2,019	8,434	14,468	21,210	25,472	18,228	11,773	9,585	5,112	7,135	9,952	10,963	16,120	17,681	15,584	13,234	10,824	7,745	7,655	7,679	9,990	11,630	13,401	0	0	0
The cash outflow from the amount invested for assets for lease or finance.
0	-3,573	1,748	3,173	10,368	14,603	11,206	10,556	6,378	9,680	9,147	6,826	9,861	6,472	6,546	8,018	11,403	3,343	-494	422	143	4,795	8,413	14,603	5,445	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Issuance of financing receivables
0	35,103	86,968	126,055	175,410	172,813	158,323	168,997	170,666	152,850	166,185	148,285	129,361	149,067	133,346	124,855	137,008	137,532	144,585	155,686	128,125	129,470	109,614	30,197	104,298	122,975	116,469	174,187	87,859	58,919	63,225	56,092	65,678	0	0	0	-	-	-	-
Repayments of financing receivables
0	18,744	40,593	58,387	73,942	74,216	70,309	72,972	78,047	70,031	71,454	69,867	55,093	52,928	47,333	42,791	58,067	59,272	67,997	68,135	60,619	59,594	54,565	50,923	42,514	46,433	33,557	26,852	26,913	16,268	15,397	19,127	16,713	0	0	0	-	-	-	-
Proceeds from sale of financing receivables
0	16,422	42,942	63,629	73,405	65,105	58,911	53,622	72,225	93,392	88,249	83,949	69,146	56,034	63,004	66,713	64,351	69,786	59,508	47,053	45,828	42,195	43,134	-16,262	46,249	61,104	57,699	118,508	55,663	29,720	37,011	44,689	35,487	0	0	0	-	-	-	-
Issuance of notes receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Repayments of notes receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Proceeds from sales of notes receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Premiums paid on life insurance
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	140	140	231	178	73	128	32	38	132	65	134	146	134	146	0	0	0
Cash used in acquisitions, net of cash acquired
-	-	-	-	-	-	-	-	37,718	37,361	46,861	17,056	9,143	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,805	3,514	5,275	5,275	1,761	0	0	0
Net cash used in investing activities
-20,339	-68,240	-76,318	-65,616	-96,205	-50,893	-42,723	-75,656	-57,677	-34,098	-60,588	-22,671	-26,345	-52,875	-40,903	-41,264	-50,179	-43,231	-36,334	-56,322	-30,592	-39,274	-25,646	-14,416	-28,797	-32,953	-43,598	-40,834	-12,658	-33,851	-30,003	-10,001	-38,223	-5,539	-9,103	-23,893	-11,100	0	0	0
Borrowings of non-recourse and recourse notes payable
141,369	118,788	111,644	106,516	83,924	73,717	66,980	86,491	72,389	79,052	83,333	66,428	73,707	50,962	56,508	48,829	44,807	39,773	33,372	48,981	52,237	62,856	68,872	59,111	51,547	41,532	30,920	26,057	32,746	27,911	26,442	24,475	14,137	7,082	4,798	6,197	9,192	0	0	0
Repayments of non-recourse and recourse notes payable
31,880	35,461	37,454	40,565	43,054	21,480	17,801	36,738	31,302	62,271	59,824	40,879	40,414	5,415	5,391	73	257	3,522	2,676	2,483	1,688	2,919	2,585	1,895	2,252	1,499	2,470	3,390	3,105	-170	-205	-508	3	223	1,702	4,139	5,881	0	0	0
Repurchase of common stock
14,425	16,185	22,311	22,242	18,754	38,107	40,997	40,945	35,245	13,399	4,384	13,983	30,493	39,357	39,356	29,504	11,339	3,080	5,378	10,911	37,685	39,960	42,069	40,742	13,188	10,308	6,234	2,436	1,890	2,729	10,941	18,881	19,418	18,689	10,530	3,931	2,652	0	0	0
Dividends paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	80	80	80	90	90	91	93	268	108	107	20,205	20,020	20,100	0	0	0	-	-	-	-	-	-	-	-
Proceeds from issuance of capital stock through option exercise
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	623	1,363	991	3,206	3,679	0	0	0
The cash outflow associated with the payments of financing acquisitions.
5,763	5,763	6,285	7,399	7,634	8,134	3,134	2,000	2,104	2,746	2,246	1,746	1,142	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Excess tax benefit from share based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,130	1,050	1,653	1,762	1,624	2,428	2,405	1,648	1,165	1,193	927	740	1,333	810	650	601	0	0	0
The net cash borrowings (repayments) from floor plan facility.
11,333	19,924	8,897	6,436	3,974	16,798	554	-9,355	-20,503	-13,093	-34,441	-10,140	6,156	-11,708	23,042	34,108	22,475	17,374	6,423	-79	-518	19,344	33,817	-1,685	27,165	3,014	-4,073	8,232	-19,660	-1,541	20,307	32,794	21,767	11,921	143	4,864	6,232	0	0	0
Net cash provided by (used in) financing activities
100,634	81,303	54,491	42,746	18,456	22,794	5,602	-2,547	-16,765	-11,739	-17,562	-320	7,814	-6,236	33,645	52,202	54,448	51,733	32,441	35,749	12,256	41,695	59,659	14,993	64,459	30,576	-856	12,112	-9,667	5,261	37,375	39,380	17,846	1,851	-6,074	6,795	11,171	0	0	0
Effect of exchange rate changes on cash
294	-353	-80	-55	-44	214	232	255	114	127	148	143	509	692	638	526	212	-81	-103	-92	-79	-10	11	32	20	2	-9	6	-3	-3	21	-13	-5	10	-5	21	6	0	0	0
Net increase (decrease) in cash and cash equivalents
6,415	-24,779	-19,815	-21,876	-38,382	8,229	15,462	-40,764	8,438	6,428	12,150	19,437	14,994	3,110	-14,807	-9,974	18,591	15,045	-99	21,929	-4,004	11,024	9,245	-5,879	27,459	-1,655	9,761	17,372	18,942	-11,902	-1,471	-6,196	-41,978	-4,946	-22,881	-17,779	-9,321	0	0	0
Supplemental disclosures of cash flow information:
Cash paid for interest
2,260	2,219	2,032	1,984	1,862	1,545	1,293	1,048	602	421	261	46	38	57	65	76	84	103	161	202	239	206	218	154	105	111	40	40	26	25	20	21	21	11	-1,323	-699	27	0	0	0
Cash paid for income taxes
28,356	21,188	21,188	20,009	19,938	20,416	23,314	34,719	32,134	38,846	41,999	33,833	32,240	26,707	26,170	22,084	29,789	35,666	36,567	38,046	35,436	34,981	27,953	26,128	25,517	21,969	27,796	25,139	24,200	23,446	14,955	14,984	11,990	10,950	12,203	14,988	15,220	0	0	0
The amount of cash paid during the current period for amounts included in the measurement of lease liabilities.
5,613	4,113	2,566	1,081	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of property, equipment, and leased equipment
0	37	59	356	520	-2,389	146	-918	591	3,169	474	1,647	135	86	1,491	1,028	7,650	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sales of operating lease equipment included in accounts receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	861	-6	-97	-360	34	545	638	977	495	0	0	0	-	-	-	-
Proceeds from sales of property, equipment and operating lease equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of property, equipment, and operating lease equipment
329	-405	1,336	3,146	1,874	2,243	1,948	991	290	707	-658	499	2,398	1,019	4,713	4,366	10,562	12,081	8,278	8,831	432	384	387	-1,269	123	235	322	1,241	313	-16	138	81	95	138	-7	167	49	0	0	0
Future cash outflow to pay for purchases of fixed assets leased or financed.
0	16,100	14,673	14,255	13,663	-4,573	-55	588	5,089	1,227	3,892	1,364	6,702	13,973	11,156	15,293	9,827	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of operating lease equipment included in accounts payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	175	117	23	0	-208	-126	-2,035	10	0	0	0
Purchase of assets to be leased or financed included in accounts payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12,776	9,054	-21,090	1,140	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Refers to issuance of financing receivables in noncash financing activity
0	22,618	82,369	99,315	119,024	154,481	102,873	95,900	132,982	182,031	197,880	234,256	217,244	120,816	110,970	102,343	101,718	164,903	150,757	86,059	73,881	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Refers to repayment of financing receivables in noncash financing activity.
-	-	-	-	-	-	-	-	13,018	12,539	14,078	16,365	19,421	20,970	20,641	19,156	16,873	12,357	8,671	4,831	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Refers to proceeds from sale of financing receivables in noncash financing activity.
0	54,299	102,153	118,595	142,418	148,121	113,798	115,756	143,956	194,751	209,911	235,349	215,227	127,599	115,972	123,694	98,753	69,802	85,188	53,865	73,881	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Origination and concurrent sale of notes receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Book value of potential payments under the contingent consideration arrangement including cash and shares.
-	-	-	-	-	-	-	-	12,050	15,974	15,974	5,996	3,924	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Borrowing of recourse and nonrecourse notes payable in noncash financing activity.
114,439	121,356	119,938	95,604	75,164	72,204	44,850	18,067	16,066	10,786	21,427	30,928	35,533	33,651	34,135	27,447	42,840	42,840	31,715	27,603	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of non recourse and recourse notes payable in noncash financing activity.
70	82	127	146	156	5,025	8,731	13,446	19,372	23,244	24,616	25,559	29,217	27,205	27,902	28,177	29,059	30,407	31,875	54,401	34,584	33,468	31,602	8,077	22,146	19,645	18,213	17,272	15,872	14,881	14,418	14,469	15,671	17,285	20,860	23,960	27,397	0	0	0
The fair value of vested share-based compensation.
8,990	9,011	9,019	9,245	12,816	12,822	12,837	12,924	12,037	12,041	12,042	11,191	8,013	8,038	8,052	7,996	7,799	7,778	7,754	7,613	6,474	6,473	6,476	8,721	7,838	7,831	8,859	7,923	4,648	4,950	4,355	3,803	2,216	1,906	2,161	1,418	1,239	0	0	0
Amount of common stock repurchased during the year included in noncash financing activities.
-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
New operating lease assets obtained in exchange for lease obligations
6,035	6,035	5,225	1,291	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-