Scansource, inc. (SCSC)
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'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09
Cash flows from operating activities:
Net Income (Loss) Attributable to Parent

36,186

46,190

54,805

57,597

56,407

55,340

43,328

33,153

41,735

43,510

58,577

69,246

63,201

64,819

62,439

63,619

67,141

66,042

62,207

65,419

76,077

80,083

81,560

81,789

41,369

38,398

36,457

34,662

67,762

68,541

73,550

74,288

74,164

75,941

76,195

73,523

67,910

63,390

53,585

48,812

0

0

0

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

37,480

37,304

36,539

36,618

36,857

36,932

37,899

37,495

34,480

31,922

28,608

24,968

23,276

20,677

18,440

17,154

16,517

15,946

14,038

11,997

10,034

8,068

7,403

7,375

7,244

7,688

8,098

8,457

8,590

9,156

9,226

9,580

9,708

8,348

7,536

6,464

5,877

6,162

6,107

6,064

0

0

0

Amortization of debt issuance costs

411

391

370

350

336

336

336

326

309

300

290

290

297

297

297

297

297

297

297

297

297

296

300

312

324

336

345

345

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Provision for doubtful accounts

2,160

2,895

3,626

2,282

4,335

3,931

4,606

7,075

9,208

10,225

10,248

8,901

10,400

9,356

8,808

7,571

5,916

4,796

3,581

993

-1,016

-1,424

1,572

6,573

7,490

11,416

11,224

10,333

10,478

9,583

7,726

7,134

7,013

6,225

6,837

7,488

6,415

6,293

9,697

10,854

0

0

0

Share-based compensation

5,313

6,064

5,986

6,122

6,510

6,133

6,264

6,459

6,595

6,688

6,499

6,602

6,761

6,985

7,254

7,093

6,976

6,856

6,641

6,522

6,181

5,999

5,500

5,248

4,860

4,635

5,059

5,618

5,890

6,436

6,784

6,840

6,928

6,063

5,463

4,877

5,146

5,746

5,982

6,065

0

0

0

Deferred income taxes

5,780

5,067

3,523

2,900

18,093

18,911

22,277

22,286

5,377

3,344

638

1,861

4,947

56

-1,691

-1,846

-6,259

-5,218

-4,126

-3,921

-2,535

-8,924

-7,976

-8,606

4,621

17,443

18,597

19,630

5,018

7,603

6,182

6,377

6,748

2,717

2,853

1,431

3,677

4,225

4,879

4,658

0

0

0

Excess tax benefits from share-based payment arrangements

-

-

-

-

-

-

-

-

-

-

-

89

88

88

120

101

101

101

217

260

260

361

778

982

982

881

515

849

2,419

2,413

1,153

1,720

797

797

1,259

203

-282

-277

183

227

0

0

0

Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability

9,931

14,415

13,088

15,200

19,983

19,683

24,746

37,043

29,885

27,044

21,923

5,211

695

-126

-101

1,294

5,925

5,072

3,718

2,667

1,355

2,050

2,086

2,311

2,665

1,784

1,817

1,843

2,760

1,588

1,778

120

0

0

0

-

-

-

-

-

-

-

-

Contingent consideration payments excess

3,050

5,796

8,101

10,190

10,190

7,444

5,155

3,066

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Finance lease interest

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities, net of acquisitions:
Accounts receivable

41,286

-24,815

72,910

12,598

-19,212

-3,889

25,435

38,268

86,703

85,915

15,996

62,731

31,138

16,200

30,363

-14,167

-14,807

12,915

7,389

14,476

22,156

45,678

46,133

31,860

4,975

-1,601

-3,583

-13,746

2,351

-19,008

4,806

34,322

57,847

69,663

55,776

76,956

57,436

72,077

154,745

79,145

0

0

0

Inventories

-80,093

42,244

51,835

104,594

205,959

132,658

85,237

59,498

35,630

50,092

16,013

-28,449

-52,244

-92,939

-25,556

-2,999

69,190

72,629

83,409

37,695

994

51,075

56,067

99,214

59,810

-18,861

-51,196

-86,821

-87,642

-39,298

-196

29,387

79,149

104,328

110,513

80,003

84,667

86,190

177,106

133,492

0

0

0

Prepaid expenses and other assets

31,276

13,118

76

5,203

1,844

3,869

5,204

14,864

2,477

-3,026

17,681

7,698

3,201

6,494

-16,904

-4,612

-2,165

8,810

11,234

-2,337

-8,990

-9,782

-7,016

-6,206

2,649

415

6,391

28

5,830

1,214

-4,937

4,103

1,077

15,811

18,156

17,392

11,469

2,034

64

-884

0

0

0

Other non-current assets

663

10,446

7,749

678

2,834

-263

10,638

6,361

12,622

13,110

2,777

9,540

647

-511

3,414

2,186

524

2,064

10

-1,431

2,121

-474

-2,130

-1,285

-9,573

-12,818

-11,695

-9,441

-5,310

5,025

5,134

-1,166

2,000

725

1,989

10,279

8,492

7,023

8,863

2,660

0

0

0

Accounts payable

34,685

67,008

29,693

-2,730

102,020

99,841

106,524

44,464

41,821

21,200

-13,593

19,861

-17,188

-59,821

-8,829

-71,706

-2,119

14,705

17,831

28,280

-33,369

25,134

-8,127

57,532

50,518

32,802

33,318

-56,837

-66,348

-78,408

517

28,306

79,975

103,284

66,095

78,298

63,093

35,654

40,295

57,977

0

0

0

Accrued expenses and other liabilities

23,938

22,075

16,833

2,703

-6,170

-9,879

-12,649

-11,540

-12,681

-11,055

-4,549

8,491

10,116

8,006

17,917

6,401

16,813

20,745

9,441

7,449

-3,899

-5,702

-6,817

-5,357

-14,266

-20,425

-14,523

-14,145

2,118

9,614

8,883

8,371

12,207

18,510

22,541

31,060

21,462

20,381

17,388

6,876

0

0

0

Income taxes payable

-703

-1,822

-2,609

-9,106

5,918

6,697

10,797

14,673

-954

-5,436

-3,631

4,776

2,242

7,597

-277

-849

1,815

1,567

-2,522

-3,360

535

140

5,098

7,898

596

834

1,208

895

4,199

3,950

959

-280

-6,249

-3,519

1,275

-4,828

2,587

-169

4,579

4,486

0

0

0

Net cash provided by (used in) operating activities

147,503

142,703

14,159

-27,127

6,488

60,284

67,905

24,805

4,522

-28,104

51,224

94,876

112,023

128,402

116,202

52,211

72,697

44,725

17,099

75,522

42,189

36,710

2,719

47,722

86,108

140,781

172,746

129,444

110,896

72,682

95,921

59,958

37,302

21,053

-3,640

10,688

5,069

-33,571

-57,299

-78,164

0

0

0

Cash flows from investing activities:
Payments to Acquire Productive Assets

2,855

4,185

7,165

7,215

13,829

10,643

7,839

8,159

7,711

8,884

8,183

8,849

9,406

11,876

13,624

12,081

10,028

10,445

13,876

20,762

24,297

24,589

18,332

11,228

7,153

2,049

3,040

4,831

7,066

10,481

12,457

12,790

14,858

14,667

15,357

14,869

12,056

10,804

7,309

5,606

0

0

0

Cash paid for business acquisitions, net of cash acquired

48,921

48,899

68,034

32,161

32,161

32,183

14,173

143,768

143,768

143,768

142,802

83,804

83,804

83,804

83,804

61,475

61,514

85,738

85,738

59,779

59,740

35,516

35,516

0

0

0

0

-

-

-

-

-

-

-

-

36,228

0

0

0

-

-

-

-

Net cash used in investing activities

-51,776

-53,084

-75,199

-39,376

-45,990

-42,826

-22,012

-151,927

-151,479

-156,235

-154,568

-96,236

-96,793

-95,680

-97,428

-73,556

-71,542

-96,183

-99,614

-80,541

-84,037

-60,105

-53,848

-11,228

-7,153

-2,049

-3,040

-4,831

-7,066

-10,481

-12,457

-12,790

-51,086

-50,895

-51,585

-51,097

-11,820

-9,151

-17,303

-15,600

0

0

0

Cash flows from financing activities:
Short-term borrowings, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-24,097

-27,952

-4,609

-4,609

0

0

-547

-7

-4,459

-165

-353

-4,258

1,345

-3,071

-2,574

2,876

1,706

0

0

0

-

-

-

-

Borrowings on revolving credit

2,139,938

2,030,104

2,050,294

2,072,279

2,169,038

2,148,583

2,158,919

2,301,443

2,242,113

2,263,114

2,038,697

1,813,062

1,623,822

1,537,853

1,617,365

1,376,620

1,058,720

761,487

329,634

93,579

0

0

0

-

-

-

-

515,262

790,816

1,774,724

1,534,478

1,408,522

0

0

0

-

-

-

-

-

-

-

-

Repayments on revolving credit

2,313,370

2,196,646

2,108,518

2,115,530

2,102,853

2,137,009

2,162,838

2,149,659

2,074,234

2,043,960

1,919,077

1,792,620

1,588,960

1,510,606

1,543,653

1,305,193

985,079

652,498

242,634

93,579

0

0

0

-

-

-

-

515,877

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Repayments on short-term borrowings, net

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments on long-term debt

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

2,792

10,847

11,165

9,763

9,146

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of finance lease obligations

827

1,447

888

662

649

640

615

591

499

404

326

246

245

224

223

223

223

243

242

262

201

141

81

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt issuance costs

-

-

-

-

-

-

-

296

1,172

1,172

1,172

876

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contingent consideration payments

35,481

35,471

5,448

35,606

35,606

35,616

40,259

50,959

50,959

50,959

42,465

10,241

26,133

26,133

17,240

8,606

-7,286

-7,397

-111

-5,640

-5,657

-5,693

-5,695

-3,810

-3,793

-3,707

-8,421

-4,777

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Exercise and issuance of equity awards

754

720

1,069

1,509

1,656

1,656

2,482

2,273

5,581

7,878

10,013

9,969

8,240

9,081

5,632

5,542

4,197

1,189

652

760

808

1,775

10,000

12,581

13,945

13,621

6,051

4,024

1,802

5,733

7,682

7,642

9,565

7,380

6,919

6,372

0

0

0

-

-

-

-

Taxes paid on settlement of equity awards

1,354

1,356

1,403

1,406

1,421

1,425

1,614

1,637

1,639

1,641

1,725

1,761

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repurchase of common stock

15,252

15,252

15,560

9,483

0

0

0

-

-

-

-

20,882

22,674

49,501

75,670

100,206

114,488

90,355

60,717

18,768

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefits from share-based payment arrangements

-

-

-

-

-

-

-

-

-

-

-

89

88

88

120

101

101

101

217

260

260

361

778

982

982

881

515

849

2,419

2,413

1,153

1,720

797

797

1,259

203

-282

-277

183

227

0

0

0

Net cash (used in) provided by financing activities

-79,661

-70,545

67,209

64,233

29,527

-25,090

-44,255

100,574

119,192

172,857

80,519

-3,506

4,645

-28,927

-17,466

-36,305

-51,050

-18,369

-2,452

-56,893

-35,754

-8,307

-75

9,285

10,666

-12,177

-14,530

-4,978

-41,631

-72,545

-79,802

-42,292

18,706

62,192

79,863

33,657

7,971

17,884

1,431

1,322

0

0

0

Effect of exchange rate changes on cash and cash equivalents

-1,870

182

850

558

-4,986

-5,054

-6,396

-4,016

939

1,846

1,316

-440

1,463

1,838

2,578

-2,596

-2,834

-12,248

-13,657

-11,293

-12,382

-3,915

-2,702

908

36

-880

-138

-644

-2,589

-794

-2,183

-4,450

-1,808

-2,794

-1,761

894

284

-125

-279

-617

0

0

0

Increase (decrease) in cash and cash equivalents

14,196

19,256

7,019

-1,712

-14,961

-12,686

-4,758

-30,564

-26,826

-9,636

-21,509

-5,306

21,338

5,633

3,886

-60,246

-52,729

-82,075

-98,624

-73,205

-89,984

-35,617

-53,906

46,687

89,657

125,675

155,038

118,991

59,610

-11,138

1,479

426

3,114

29,556

22,877

-5,858

1,504

-24,963

-73,450

-93,059

0

0

0