| Feb'20 | Feb'19 | Feb'18 | Jan'17 | Jan'16 | Jan'15 | Jan'14 | Jan'13 | Jan'12 | Jan'11 | Jan'10 | Jan'09 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | |||||||||||
Net income | |||||||||||
105,500 | -657,400 | 519,300 | 543,200 | 467,900 | 381,300 | 368,000 | 359,900 | 324,400 | 200,400 | 157,100 | -402,600 |
Adjustments to reconcile net income (loss) to net cash provided by operating activities: | |||||||||||
Depreciation and amortization | |||||||||||
178,000 | 183,600 | 203,400 | 188,800 | 175,300 | 149,700 | 110,200 | 99,400 | 92,400 | 97,800 | 108,900 | 108,100 |
Amortization of Below Market Lease | |||||||||||
5,500 | 7,900 | 13,000 | 19,700 | 28,700 | 23,700 | 0 | 0 | - | - | - | - |
Amortization of other intangible assets | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 6,400 |
Impairment of goodwill | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 516,900 |
Pension benefit | |||||||||||
- | - | - | -1,600 | 0 | -2,400 | -500 | 3,200 | 3,300 | 7,000 | -5,300 | 200 |
Share-based compensation | |||||||||||
16,900 | 16,500 | 16,100 | 8,000 | 16,400 | 12,100 | 14,400 | 15,700 | 17,000 | 17,200 | 5,600 | 700 |
Deferred taxation | |||||||||||
21,500 | -105,600 | -33,400 | 27,700 | 25,000 | -47,600 | -20,400 | 4,300 | 29,300 | 25,100 | 11,200 | 19,300 |
Excess tax benefit from exercise of share awards | |||||||||||
- | - | - | 2,400 | 6,900 | 11,800 | 6,500 | 7,400 | 3,900 | 800 | -100 | - |
Amortization of debt discount and issuance costs | |||||||||||
- | - | - | 2,800 | 3,600 | 7,400 | 400 | 400 | 1,900 | 4,800 | 4,300 | 0 |
Financing Receivable, Allowance for Credit Losses, Reversal | |||||||||||
0 | 160,400 | -30,900 | 0 | 0 | - | - | - | - | - | - | - |
Goodwill and intangible impairments | |||||||||||
47,700 | 735,400 | 0 | 0 | - | - | - | - | - | - | - | - |
Restructuring charges | |||||||||||
25,900 | 84,900 | 0 | 0 | - | - | - | - | - | - | - | - |
Gain (Loss) on Extinguishment of Debt | |||||||||||
6,200 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Other non-cash movements | |||||||||||
4,300 | 3,400 | -2,600 | -400 | -3,600 | -2,700 | 3,300 | 1,400 | -300 | 2,600 | -800 | -2,800 |
Profit on disposal of property and equipment | |||||||||||
- | - | - | - | - | - | - | - | - | 1,000 | - | 700 |
Changes in operating assets and liabilities: | |||||||||||
Decrease (increase) in accounts receivable | |||||||||||
15,200 | -45,700 | -242,100 | 102,700 | 189,800 | 194,600 | 168,300 | 117,100 | 152,500 | 78,700 | 32,400 | -20,500 |
Decrease in accounts receivable held for sale | |||||||||||
- | - | - | 0 | - | - | - | - | - | - | - | - |
Proceeds from sale of in-house finance receivables | |||||||||||
0 | 445,500 | 952,500 | 0 | 0 | - | - | - | - | - | - | - |
Decrease (increase) in other assets and other receivables | |||||||||||
184,200 | -700 | 6,000 | 6,900 | 44,100 | 18,000 | 21,600 | 1,300 | 17,800 | 14,900 | -47,200 | 19,600 |
Increase in other current assets | |||||||||||
- | - | - | - | 26,500 | 35,500 | 4,100 | 5,200 | -1,800 | 4,000 | 29,300 | -800 |
Decrease (increase) in inventories | |||||||||||
-48,800 | 194,300 | -210,900 | 9,700 | 46,000 | 121,600 | 98,400 | 65,700 | 115,200 | 19,500 | -226,500 | -12,700 |
Increase (decrease) in accounts payable | |||||||||||
77,200 | -78,500 | -51,400 | -7,000 | -6,400 | 23,700 | 3,200 | -39,600 | 57,200 | 59,400 | 22,000 | -38,000 |
Increase (decrease) in accrued expenses and other liabilities | |||||||||||
232,900 | 55,900 | 3,900 | -21,800 | 51,800 | 64,800 | 8,600 | 13,400 | 26,500 | 25,100 | -5,500 | 6,100 |
Change in operating lease assets and liabilities | |||||||||||
9,400 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Increase in deferred revenue | |||||||||||
30,800 | 9,700 | 10,000 | 43,600 | 76,300 | 102,300 | 50,800 | 40,600 | 28,900 | 23,600 | 14,800 | 6,500 |
Increase (decrease) in income taxes payable | |||||||||||
600 | 10,900 | -82,400 | 38,900 | -25,700 | -1,600 | 7,900 | 27,200 | 43,300 | -3,700 | -9,800 | -20,500 |
Pension plan contributions | |||||||||||
5,300 | 4,400 | 3,200 | 3,300 | 2,500 | 4,200 | 4,900 | 13,700 | 14,200 | 14,000 | - | - |
Net cash provided by operating activities | |||||||||||
555,700 | 697,700 | 1,940,500 | 678,300 | 443,300 | 283,000 | 235,500 | 312,700 | 325,200 | 323,100 | 515,300 | 164,400 |
Investing activities | |||||||||||
Effect of exchange rate changes on currency swaps | |||||||||||
- | - | - | - | - | - | - | - | 2,500 | 1,900 | -700 | -49,600 |
Purchase of property, plant and equipment | |||||||||||
136,300 | 133,500 | 237,400 | 278,000 | 226,500 | 220,200 | 152,700 | 134,200 | 97,800 | 57,500 | 43,600 | 105,100 |
Proceeds from sale of assets | |||||||||||
500 | 5,500 | 0 | 0 | - | - | - | - | - | - | - | - |
Purchase of available-for-sale securities | |||||||||||
13,300 | 600 | 2,400 | 10,400 | 6,200 | 5,700 | 0 | 0 | - | - | - | - |
Proceeds from sale of available-for-sale securities | |||||||||||
8,300 | 9,600 | 2,200 | 10,000 | 4,000 | 2,500 | 0 | 0 | - | - | - | - |
Purchase of other intangible assets | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 9,800 |
Proceeds from sale of property and equipment | |||||||||||
- | - | - | - | - | - | - | - | - | 1,900 | 100 | 1,600 |
Net cash used in investing activities | |||||||||||
-140,800 | -119,000 | -569,400 | -278,400 | -228,700 | -1,652,600 | -160,400 | -190,900 | -97,800 | -55,600 | -43,500 | -113,300 |
Dividends paid on common shares | |||||||||||
77,400 | 79,000 | 76,500 | 75,600 | 67,100 | 55,300 | 46,000 | 38,400 | 8,700 | - | - | 123,800 |
Dividends paid on redeemable convertible preferred shares | |||||||||||
31,200 | 31,200 | 34,700 | 0 | 0 | - | - | - | - | - | - | - |
Repurchase of common shares | |||||||||||
0 | 485,000 | 460,000 | 1,000,000 | 130,000 | 29,800 | 104,700 | 287,200 | 12,700 | - | - | - |
Proceeds from term and bridge loans | |||||||||||
100,000 | 0 | 350,000 | - | - | - | - | - | - | - | - | - |
Excess tax benefit from exercise of share awards | |||||||||||
- | - | - | - | 6,900 | 11,800 | 6,500 | 7,400 | 3,900 | 800 | 100 | - |
Repayments of Senior Debt | |||||||||||
241,500 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Proceeds from issuance of redeemable convertible preferred shares, net of issuance costs | |||||||||||
- | - | - | 611,300 | 0 | 0 | - | - | - | - | - | - |
Proceeds from securitization facility | |||||||||||
0 | 0 | 1,745,900 | - | - | - | - | - | - | - | - | - |
Proceeds from issuance of common shares | |||||||||||
- | - | - | - | 5,000 | 6,100 | 9,300 | 21,600 | 10,600 | 11,300 | 1,000 | 100 |
Repayments of Secured Debt | |||||||||||
0 | 0 | 2,345,900 | - | - | - | - | - | - | - | - | - |
Proceeds from revolving credit facilities | |||||||||||
858,300 | 787,000 | 814,000 | 1,270,000 | 316,000 | 260,000 | 57,000 | 0 | - | - | - | - |
Repayments of revolving credit facilities | |||||||||||
588,300 | 787,000 | 870,000 | 1,214,000 | 316,000 | 260,000 | 57,000 | - | - | - | - | - |
Payments of Debt Issuance Costs | |||||||||||
9,300 | 0 | 0 | - | 0 | 20,500 | 0 | 0 | - | - | - | - |
Net settlement of equity based awards | |||||||||||
- | - | - | - | 8,300 | 18,400 | 9,200 | 11,500 | - | - | - | - |
Principal payments under capital lease obligations | |||||||||||
- | - | - | - | 1,000 | 800 | 0 | 0 | - | - | - | - |
Credit facility fees paid | |||||||||||
- | - | - | - | - | - | - | - | 2,100 | 1,300 | 9,300 | 0 |
Increase (decrease) of bank overdrafts | |||||||||||
47,500 | 25,900 | -100 | -10,200 | -47,100 | 39,400 | 19,300 | 0 | -31,000 | -13,100 | -143,400 | 160,600 |
Other financing activities | |||||||||||
-200 | -2,100 | -4,000 | -3,300 | - | - | - | - | - | - | - | - |
Repayment of long-term debt | |||||||||||
- | - | - | - | - | - | - | - | - | 280,000 | 100,000 | 0 |
Net cash used in financing activities | |||||||||||
-237,000 | -602,700 | -1,253,600 | -438,200 | -266,600 | 1,320,900 | -124,800 | -308,100 | -40,000 | -282,300 | -251,600 | 36,900 |
Increase (decrease) in cash and cash equivalents | |||||||||||
177,900 | -24,000 | 117,500 | -38,300 | -52,000 | -48,700 | - | - | - | - | - | - |
Effect of exchange rate changes on cash and cash equivalents | |||||||||||
1,200 | -5,700 | 8,900 | -700 | -3,900 | -5,300 | -3,700 | 500 | -2,700 | 700 | -800 | -32,900 |
Decrease in cash and cash equivalents | |||||||||||
- | - | - | - | - | - | -49,700 | -186,300 | 187,400 | -14,800 | 220,200 | 88,000 |
Capital expenditures in accounts payable | |||||||||||
- | - | - | 9,200 | 9,300 | 6,200 | 2,000 | 2,400 | - | - | - | - |
Supplemental cash flow information: | |||||||||||
Interest paid | |||||||||||
- | - | - | 47,100 | 41,600 | 25,400 | 3,500 | 3,400 | 5,100 | 74,200 | 35,600 | 32,500 |
Income taxes paid | |||||||||||
- | - | - | 104,000 | 180,100 | 208,800 | 211,000 | 165,600 | 105,100 | 78,600 | 72,000 | 63,000 |
R2Net Inc. | |||||||||||
Acquisition of R2Net Inc., net of cash acquired | |||||||||||
- | - | - | 0 | 0 | - | - | - | - | - | - | - |
Term Loan | |||||||||||
Repayments of term loans | |||||||||||
294,900 | 31,300 | 372,300 | 16,400 | 25,000 | - | - | - | - | - | - | - |
Proceeds from debt | |||||||||||
- | - | - | 0 | 0 | - | - | - | - | - | - | - |
Securitization facility | |||||||||||
Repayments of debt | |||||||||||
- | - | - | 2,404,100 | 2,303,900 | - | - | - | - | - | - | - |
Proceeds from debt | |||||||||||
- | - | - | 2,404,100 | 2,303,900 | - | - | - | - | - | - | - |