| Jun'19 | Jun'18 | Jun'17 | Jun'16 | Jun'15 | Jun'14 | Jun'13 | Jun'12 | Jun'11 | Jun'10 | Jun'09 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities | ||||||||||
Net income | ||||||||||
-22,900 | -124,100 | 48,800 | 72,200 | 110,400 | 46,700 | 98,900 | 54,144 | 63,796 | 52,965 | 48,079 |
Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||
Share-based compensation costs | ||||||||||
59,000 | 71,300 | 61,800 | 56,800 | 44,100 | 32,900 | 32,200 | 34,161 | 33,925 | 35,376 | 24,420 |
Depreciation and amortization | ||||||||||
35,600 | 38,900 | 33,200 | 31,200 | 24,800 | 14,200 | 9,800 | 10,409 | 11,169 | 8,677 | 6,338 |
Acquired intangibles amortization | ||||||||||
74,400 | 83,900 | 59,300 | 73,000 | 87,600 | 7,400 | 1,000 | - | - | - | - |
Tax benefit (shortfall) realized from share-based compensation | ||||||||||
- | - | - | - | - | - | - | - | - | 7,066 | 9,374 |
Excess tax benefit from share-based compensation | ||||||||||
- | - | - | - | - | - | - | - | 2,886 | 7,066 | 9,374 |
Deferred taxes | ||||||||||
15,200 | -4,900 | 17,400 | 21,100 | 25,200 | -12,300 | 900 | 741 | 3,666 | -6,534 | -13,916 |
Gain on sale of property and equipment | ||||||||||
- | - | - | - | - | - | 1,500 | - | - | - | - |
Accretion and remeasurement of contingent consideration liability | ||||||||||
- | - | - | -500 | -18,800 | 69,900 | 1,300 | - | - | - | - |
Net excess tax benefit (shortfall) realized from share-based compensation | ||||||||||
- | - | - | - | - | - | - | - | 1,690 | - | - |
Amortization of convertible debt discount and issuance costs | ||||||||||
17,600 | 16,900 | - | - | - | - | - | - | - | 2,069 | 6,024 |
Impairment of property and equipment | ||||||||||
- | - | - | 3,000 | 1,000 | - | 300 | 1,269 | - | - | - |
Impairment of acquired intangibles | ||||||||||
- | - | - | 6,700 | - | - | - | - | - | - | - |
Non-cash interest | ||||||||||
- | - | 300 | 1,800 | 1,500 | 1,100 | 200 | - | - | - | - |
Amortization of debt issuance costs | ||||||||||
500 | 1,600 | 1,200 | 1,000 | 800 | - | - | - | - | 118 | 368 |
Impairment recovery on investments | ||||||||||
2,800 | - | 1,900 | 2,100 | 200 | - | - | 77 | 59 | 443 | 9,243 |
Arbitration settlement | ||||||||||
1,900 | - | - | - | - | - | - | - | - | - | - |
Equity investment loss | ||||||||||
-1,800 | -1,800 | -300 | - | - | - | - | - | - | - | - |
Foreign currency remeasurement loss | ||||||||||
-100 | - | 200 | -8,200 | 8,000 | - | - | - | - | - | - |
Loss on retirement of debt | ||||||||||
- | - | - | - | - | - | - | - | - | - | -1,053 |
Changes in operating assets and liabilities, net of acquisitions: | ||||||||||
Accounts receivable, net | ||||||||||
-64,300 | 22,700 | 2,600 | -72,000 | -700 | 42,800 | 44,300 | 10,329 | -7,701 | 16,770 | 15,377 |
Inventories | ||||||||||
27,500 | -79,500 | -15,000 | 6,200 | 51,500 | 30,200 | 16,900 | 2,817 | 10,183 | 3,717 | -6,115 |
Prepaid expenses and other current assets | ||||||||||
-3,600 | -18,800 | 9,600 | -5,800 | -13,500 | 5,700 | 100 | 530 | 146 | 128 | 354 |
Other assets | ||||||||||
-3,900 | 7,200 | -6,500 | -5,600 | -10,100 | 18,800 | -900 | -1,894 | -332 | 4,230 | 6,246 |
Accounts payable | ||||||||||
-55,800 | 6,200 | -38,400 | -15,300 | 30,200 | 13,200 | 23,300 | 10,235 | -20,688 | 33,408 | 4,426 |
Accrued compensation | ||||||||||
4,900 | -8,100 | -7,800 | 3,300 | 2,100 | 5,600 | 11,100 | -634 | 1,880 | 2,880 | 1,940 |
Acquisition-related liabilities | ||||||||||
-6,800 | - | -16,800 | -18,200 | -1,900 | - | - | - | - | - | - |
Income taxes payable | ||||||||||
900 | 5,400 | 2,300 | -26,100 | -7,100 | 2,900 | -17,100 | 674 | 2,975 | 2,214 | 6,744 |
Other accrued liabilities | ||||||||||
20,500 | -22,100 | 19,500 | 9,100 | -7,000 | 25,100 | 4,300 | 3,735 | 3,873 | 7,237 | 2,734 |
Net cash provided by operating activities | ||||||||||
154,200 | 145,000 | 152,900 | 256,600 | 204,100 | 131,600 | 102,100 | 101,393 | 89,713 | 114,008 | 81,591 |
Purchase of short-term investments | ||||||||||
- | - | - | - | - | - | - | - | - | 5,986 | 25,007 |
Proceeds from sales of non-current investments | ||||||||||
- | - | - | - | - | - | - | - | - | 28,912 | 52,300 |
Proceeds from sale of property and equipment | ||||||||||
- | - | - | - | - | - | 12,600 | - | - | - | - |
Proceeds from sales and maturities of non-current investments | ||||||||||
- | - | - | - | - | - | - | - | - | 1,775 | 4,900 |
Acquisition of businesses, net of cash and cash equivalents acquired | ||||||||||
- | 396,700 | - | - | 294,300 | 19,600 | 5,000 | 14,632 | - | - | - |
Proceeds from sales of investments | ||||||||||
2,800 | - | 7,500 | 6,600 | 4,900 | - | 3,400 | 10,110 | 3,200 | - | - |
Purchases of property and equipment | ||||||||||
23,700 | 34,100 | 31,400 | 28,600 | 51,900 | 38,700 | 48,500 | 10,359 | 11,570 | 9,067 | 9,310 |
Purchase of intangible assets | ||||||||||
- | 7,700 | - | 4,600 | - | - | - | - | - | - | - |
Investment in direct financing lease | ||||||||||
- | - | 17,000 | - | - | - | - | - | - | - | - |
Proceeds from direct financing leases | ||||||||||
- | - | 17,000 | - | - | - | - | - | - | - | - |
Equity method investment | ||||||||||
- | - | 18,400 | - | - | - | - | - | - | - | - |
Net cash used in investing activities | ||||||||||
-20,900 | -438,500 | -42,300 | -26,600 | -341,300 | -58,300 | -37,500 | -14,881 | -8,370 | 15,634 | 22,883 |
Proceeds from issuance of convertible debt, net of issuance costs | ||||||||||
- | 514,500 | - | - | - | - | - | - | - | - | - |
Payment of acquisition-related liabilities | ||||||||||
- | - | 5,300 | 60,900 | 72,200 | - | 4,500 | - | - | - | - |
Payment of debt | ||||||||||
- | 220,000 | 18,800 | 7,600 | 3,800 | 2,300 | - | - | - | - | - |
Purchases of treasury stock | ||||||||||
118,500 | 93,600 | 88,000 | 240,600 | 121,300 | 70,200 | 46,300 | 61,743 | 70,210 | 44,545 | - |
Proceeds from issuance of shares | ||||||||||
21,300 | 32,300 | 24,700 | 32,400 | 49,100 | 80,700 | 37,400 | 34,876 | 26,423 | 14,031 | 16,427 |
Retirement of debt, net of discount | ||||||||||
- | - | - | - | - | - | - | - | - | 62,998 | 55,656 |
Excess tax benefit from share-based compensation | ||||||||||
- | - | 1,100 | 11,500 | 12,800 | 19,300 | 3,800 | 2,153 | 2,886 | 7,066 | 9,374 |
Payroll taxes for deferred stock and market stock units | ||||||||||
9,400 | 5,400 | 6,600 | 15,600 | 16,000 | 8,900 | 4,700 | 3,946 | 3,147 | 2,374 | 1,801 |
Proceeds from issuance of long-term debt | ||||||||||
- | - | - | - | 245,400 | - | - | - | - | - | - |
Payment of debt issuance costs | ||||||||||
- | 1,100 | 1,200 | 300 | 400 | - | - | - | - | - | - |
Net cash used in financing activities | ||||||||||
-106,600 | 226,700 | -94,100 | -281,100 | 93,600 | 18,600 | -14,300 | -28,660 | -44,048 | -88,820 | -31,656 |
Effect of exchange rate changes on cash and cash equivalents | ||||||||||
100 | - | -900 | 3,400 | -3,700 | - | - | - | - | - | - |
Net increase/(decrease) in cash and cash equivalents | ||||||||||
26,800 | -66,800 | 15,600 | -47,700 | -47,300 | 91,900 | 50,300 | 57,852 | 37,295 | 40,822 | 72,818 |
Supplemental disclosures of cash flow information | ||||||||||
Cash paid for interest | ||||||||||
3,600 | 3,800 | 6,000 | 5,000 | 3,100 | - | - | - | - | - | 692 |
Cash paid for taxes | ||||||||||
16,400 | 26,400 | 22,100 | 46,900 | 86,100 | 15,600 | 18,700 | 12,305 | 9,574 | 11,789 | 5,016 |
Cash refund on taxes | ||||||||||
6,400 | 1,700 | 10,100 | 18,000 | 3,400 | - | - | - | - | - | - |
Non-cash investing and financing activities: | ||||||||||
Purchases of property and equipment in current liabilities | ||||||||||
3,800 | 6,600 | 6,000 | 3,100 | 8,200 | 3,300 | 5,200 | - | - | - | - |
Common stock issued pursuant to acquisition | ||||||||||
- | 39,100 | - | - | - | 70,300 | - | - | - | - | - |
Contingent consideration liability pursuant to acquisition | ||||||||||
- | - | - | - | - | 37,500 | - | - | - | - | - |
Common stock issued in settlement of contingent consideration liability | ||||||||||
- | - | - | - | 21,500 | 5,500 | - | - | - | - | - |
Common stock issued upon conversion of notes payable | ||||||||||
- | - | - | - | - | 1,800 | - | - | - | - | - |