POOL CORPORATION POOL Cash Flow

Pool corporation (POOL)

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	Mar'10
Operating activities
Net income
259,850	261,575	260,363	250,100	235,759	234,461	243,314	222,836	200,408	191,339	168,246	163,884	154,510	148,603	148,610	143,592	136,154	128,224	123,666	119,221	115,275	111,030	108,034	105,408	98,078	97,330	94,308	83,351	81,761	81,972	79,854	82,648	76,282	71,993	70,303	68,918	63,111	57,638	0	0	0
Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract]
Depreciation
28,237	27,885	27,271	26,792	26,472	26,122	25,709	25,428	24,899	24,157	23,265	22,212	21,159	20,338	19,473	18,429	17,398	16,373	15,666	15,161	14,772	14,495	14,392	14,042	13,720	13,359	12,827	12,371	12,001	11,592	11,156	10,835	10,203	9,746	9,319	8,981	8,963	8,980	0	0	0
Amortization
1,350	1,389	1,434	1,568	1,698	1,793	1,844	1,763	1,673	1,568	1,483	1,647	1,665	1,639	1,532	1,218	1,076	1,015	1,083	1,223	1,337	1,387	1,390	1,311	1,244	1,237	1,244	1,268	1,285	1,284	1,278	1,299	1,435	1,559	1,764	2,056	2,225	2,348	0	0	0
Share-based compensation
13,867	13,472	13,324	12,987	12,812	12,874	12,779	12,664	12,800	12,482	12,025	11,351	10,625	9,902	9,804	9,543	9,652	9,543	9,323	9,258	9,178	9,065	8,914	8,696	8,303	8,150	8,319	8,270	8,269	8,465	8,326	8,455	8,442	8,233	8,021	7,840	7,811	7,790	0	0	0
Excess tax benefits from share-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	7,370	9,372	6,341	6,748	7,706	6,299	6,172	7,775	5,524	4,385	5,344	4,395	4,611	6,320	6,065	5,052	4,487	3,423	2,706	2,851	3,118	5,377	5,000	4,077	1,877	0	0	0
Equity earnings in unconsolidated investments, net
285	262	285	270	261	242	185	167	147	139	164	172	169	156	65	82	115	211	254	262	246	204	339	260	243	182	181	200	190	316	211	218	341	209	407	369	223	105	0	0	0
Impairment of goodwill and other assets
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
110	3,313	-942	111	977	808	-2,344	427	1,332	166	3,648	1,071	1,410	923	-2,354	-1,800	-1,096	-869	387	1,849	-50	206	-2,581	-4,507	-1,781	108	610	3,019	1,117	138	-3,975	1,745	446	195	11,710	1,261	1,282	145	0	0	0
Changes in operating assets and liabilities, net of effects of acquisitions:
Receivables
37,111	15,691	18,998	10,315	116	14,371	25,610	33,175	15,765	21,903	23,934	17,195	3,850	5,666	9,930	26,989	43,824	16,656	11,522	9,869	25,896	12,751	24,338	24,447	20,820	10,085	6,019	11,280	-12,671	3,396	12,961	2,167	24,635	5,887	100,152	289,677	126,525	-4,832	0	0	0
Product inventories
42,815	14,165	-6,799	71,264	101,858	142,170	124,982	58,523	42,633	35,783	22,617	47,115	50,418	8,050	39,687	17,480	37,015	10,848	-2,792	16,322	26,510	30,409	42,738	25,093	29,537	27,291	14,167	20,077	31,230	9,232	6,694	7,666	16,602	35,339	-82,432	-4,399	102,150	-15,951	0	0	0
Prepaid expenses and other assets
-1,842	4,218	-2,106	-3,749	-3,434	-1,018	2,430	-393	5,322	4,096	3,506	3,737	3,217	3,077	1,824	2,167	2,975	434	757	911	1,004	2,265	1,771	1,305	-1,768	-504	2,703	3,312	2,225	1,159	1,021	356	5,207	2,951	0	0	0	-	-	-	-
Accounts payable
43,704	16,860	3,794	34,701	1,178	-6,567	-7,738	22,368	-7,219	5,077	4,255	5,736	26,770	-17,896	26,512	24,510	61,079	9,956	15,599	2,512	4,207	20,090	10,104	-7,386	30,786	14,007	-21,888	-29,235	17,619	20,253	40,444	17,156	13,258	6,402	-8,373	25,982	46,013	-14,417	0	0	0
Accrued expenses and other current liabilities
2,016	3,033	3,603	-5,327	3,172	-3,750	-6,513	-9,332	205	6,756	-29,853	-3,047	12,168	18,570	59,093	38,169	23,435	11,188	7,040	-2,561	11,491	10,479	12,752	13,183	3,178	8,912	-23,565	6,412	5,232	145	35,803	12,245	12,095	20,682	8,390	12,119	10,090	12,404	0	0	0
Net Cash Provided by operating activities
289,700	298,776	310,649	252,906	191,609	118,656	114,551	179,847	163,586	175,311	134,228	137,790	172,707	165,378	211,237	188,939	163,950	146,050	162,578	116,057	101,507	121,815	88,462	87,178	107,729	105,088	48,394	52,579	113,119	119,078	167,659	127,563	78,204	75,103	60,691	46,305	82,115	93,959	0	0	0
Investing activities
Acquisition of businesses, net of cash acquired
13,173	8,901	10,913	11,345	11,370	2,578	6,533	10,116	13,412	12,834	7,295	3,815	19,630	19,730	23,195	23,215	4,264	4,483	1,869	6,515	6,455	10,648	9,381	4,668	5,431	1,244	1,363	1,458	1,169	4,699	7,553	7,726	9,789	5,934	0	0	0	-	-	-	-
Purchases of property and equipment, net of sale proceeds
34,963	33,362	30,530	26,153	23,680	31,580	29,657	29,515	34,908	39,390	41,673	43,068	40,068	34,352	38,184	38,674	33,703	29,095	23,940	21,607	20,255	17,328	19,022	20,163	19,730	18,742	16,961	17,251	14,492	16,271	16,212	16,547	19,869	19,454	18,437	15,421	11,191	8,078	0	0	0
Payments to fund credit agreement
-	-	-	-	-	-	-	-	-	-	-	-	-	5,322	6,412	5,742	5,825	8,860	6,300	5,350	5,350	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other investments, net
-	-	-	-	-	-	-	-	-	-4	-7	-10	-15	-24	-34	-46	-156	-88	-107	-128	-59	-165	-182	-192	-165	-125	-87	43	176	238	262	243	243	190	0	0	0	-	-	-	-
Net cash used in investing activities
-48,136	-42,263	-41,443	-37,498	-35,050	-34,158	-36,190	-39,630	-48,318	-52,220	-49,994	-48,701	-58,953	-55,643	-64,457	-63,960	-39,079	-37,793	-27,445	-29,937	-32,001	-27,811	-28,221	-24,639	-24,996	-19,861	-18,237	-18,752	-15,837	-21,208	-24,027	-24,516	-29,901	-25,578	-22,876	-19,472	-17,364	-14,251	0	0	0
Financing activities
Proceeds from revolving line of credit
1,109,039	1,066,529	1,153,762	1,129,493	1,196,050	1,138,195	970,497	1,015,781	1,003,014	1,067,868	1,198,574	1,131,362	1,080,434	1,154,090	1,063,731	1,014,947	981,350	911,712	883,835	889,618	852,939	820,720	741,014	736,682	714,164	678,936	721,896	661,764	542,272	607,923	785,369	749,931	797,503	749,349	529,049	581,549	521,246	453,039	0	0	0
Payments on revolving line of credit
1,419,282	1,415,988	1,195,937	1,110,109	1,081,740	998,503	968,364	915,799	975,670	1,011,977	1,063,365	1,109,839	1,044,924	1,072,557	1,066,530	1,028,871	935,901	890,406	912,088	848,769	788,337	763,429	690,326	766,137	776,849	715,400	675,792	671,151	562,741	524,341	739,741	646,167	678,649	700,749	479,549	517,631	485,768	457,568	0	0	0
Proceeds from asset-backed financing
206,300	189,000	194,000	197,000	198,500	198,400	198,400	182,500	186,600	161,600	166,600	166,600	145,000	155,000	160,000	160,000	145,900	143,400	128,400	128,400	117,531	121,600	191,600	191,600	136,569	70,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Payments on asset-backed financing
186,300	182,500	187,800	184,100	183,400	189,900	185,700	185,000	146,600	145,100	134,300	143,800	145,000	126,500	160,200	142,800	140,000	156,000	98,200	108,400	111,800	106,000	111,600	31,600	28,200	18,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Payments on term facility
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from short-term borrowings and current portion of long-term debt
23,629	30,863	28,642	25,857	20,042	17,127	18,450	18,681	26,690	27,333	27,738	28,941	23,888	18,442	18,876	16,119	13,434	8,119	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments on short-term borrowings and current portion of long-term debt
29,009	28,286	26,145	23,344	19,093	18,793	17,716	12,120	15,680	17,603	20,427	20,863	20,108	19,037	19,377	12,726	7,439	7,948	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments of deferred and contingent acquisition consideration
342	312	615	615	615	661	258	258	258	324	-199	-199	-199	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments of deferred financing costs
418	406	98	98	98	106	203	1,112	1,112	1,104	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	145	0	0	0
Proceeds from long-term debt and other long-term liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments on long-term debt and other long-term liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	15	20	22	100,022	100,021	100,036	100,065	149	12,210	24,232	60,357	48,225	0	0	0
Excess tax benefits from share-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	7,370	9,372	6,341	6,748	7,706	6,299	6,172	7,775	5,524	4,385	5,344	4,395	4,611	6,320	6,065	5,052	4,487	3,423	2,706	2,851	3,118	2,835	2,796	2,487	1,877	0	0	0
Proceeds from stock issued under share-based compensation plans
17,861	18,574	17,879	16,789	12,832	13,569	15,551	13,347	13,125	11,466	9,421	13,555	12,967	11,752	18,341	15,596	16,974	18,269	16,346	15,567	14,528	13,530	10,459	14,255	20,202	21,409	26,065	25,815	22,465	20,205	16,759	13,138	12,751	13,085	11,082	10,947	8,452	6,293	0	0	0
Payments of cash dividends
88,100	83,772	79,811	75,989	72,238	69,430	66,235	63,115	60,241	58,029	55,907	53,900	51,621	49,749	48,116	46,219	44,437	43,117	41,533	40,045	38,638	37,600	36,763	35,910	34,943	33,808	32,586	31,220	29,901	29,135	28,341	27,619	26,817	26,470	26,236	25,962	25,649	25,746	0	0	0
Purchases of treasury stock
66,710	23,188	171,751	171,690	207,974	187,469	43,332	176,210	145,873	146,006	202,093	106,608	115,279	178,414	126,814	116,996	156,686	99,219	91,617	110,422	116,691	136,466	178,307	174,487	120,518	96,179	79,700	48,332	83,221	81,761	68,810	76,705	42,980	76,564	74,991	55,874	48,103	13,683	0	0	0
Net cash used in financing activities
-250,585	-244,486	-267,966	-196,898	-137,826	-97,571	-79,042	-123,437	-118,710	-114,449	-76,721	-93,226	-110,321	-99,672	-151,037	-134,929	-120,377	-107,804	-109,764	-65,840	-64,084	-81,983	-68,214	-61,297	-86,229	-89,485	-34,566	-57,079	-106,096	-102,644	-133,036	-86,426	-37,580	-40,554	-51,020	-29,407	-64,606	-85,158	0	0	0
Effect of exchange rate changes on cash and cash equivalents
-1,752	198	-240	17	1,045	-509	-24	-1,279	-1,164	-658	-1,407	252	11	-1,344	5,045	1,557	423	-2,046	-10,320	-8,899	-7,631	-5,197	-1,794	-615	-2,120	-199	-187	-123	1,006	-250	-2,434	-3,528	-1,462	-1,205	1,300	2,807	-219	-672	0	0	0
Change in cash and cash equivalents
-10,773	12,225	1,000	18,527	19,778	-13,582	-705	15,501	-4,606	7,984	6,106	-3,885	3,444	8,719	788	-8,393	4,917	-1,593	15,049	11,381	-2,209	6,824	-9,767	627	-5,616	-4,457	-4,596	-23,375	-7,808	-5,024	8,162	13,093	9,261	7,766	-11,905	233	-74	-6,122	0	0	0