TECH DATA CORPORATION TECD Cash Flow

Tech data corporation (TECD)

CashFlow / Yearly

Jan'20	Jan'19	Jan'18	Jan'17	Jan'16	Jan'15	Jan'14	Jan'13	Jan'12	Jan'11	Jan'10	Jan'09
Cash flows from operating activities:
Cash received from customers
48,892,924	47,836,136	42,981,601	29,427,357	28,119,687	29,380,493	28,253,552	26,531,396	27,034,281	24,752,938	21,927,372	23,989,567
Cash paid to vendors and employees
48,118,538	47,263,258	41,668,923	28,663,998	27,819,886	29,174,581	27,775,887	26,306,835	26,404,749	24,487,671	21,329,102	23,636,388
Interest paid, net
87,886	97,293	86,544	22,020	20,264	24,546	23,082	11,422	18,313	15,927	14,015	20,382
Income taxes paid
93,410	95,450	131,632	84,272	85,645	58,275	75,435	89,445	85,978	73,211	48,790	52,987
Net cash provided by operating activities
593,090	380,135	1,094,502	657,067	193,892	123,091	379,148	123,694	525,241	176,129	535,465	279,810
Cash flows from investing activities:
Proceeds from sale of business, net of cash divested
0	8,985	0	0	20,020	0	-	-	-	-	-	-
Acquisition of businesses, net of cash acquired
209,923	124,223	2,249,849	2,916	27,848	0	-6,377	310,253	24,898	141,138	8,153	78,266
Payments to Acquire Intangible Assets
-	-	-	-	-	-	1,519	0	0	-	-	-
Proceeds from sale of property and equipment
-	-	-	-	-	-	-	-	-	-	5,491	0
Expenditures for property and equipment
48,352	40,995	192,235	24,971	20,917	18,639	15,598	14,871	13,672	18,688	14,486	17,272
Proceeds from sale of fixed assets
-	-	-	-	-	7,121	0	0	-	-	-	-
Software and software development costs
36,470	20,419	39,702	14,364	13,055	9,536	13,271	23,494	30,887	12,112	14,379	15,275
Other
-4,491	-4,943	-2,567	224	-	-	-	-	-	-	-	-
Gains on investments
-	-	-	-	-	-	-	-	-	-4,794	-	-
Net cash used in investing activities
-290,254	-171,709	-2,479,219	-42,475	-41,800	-21,054	-24,011	-348,618	-69,457	-167,144	-31,527	-110,813
Cash flows from financing activities:
Borrowings on long-term debt
300,000	0	1,008,148	998,405	0	0	-	345,810	0	0	-	-
Principal payments on long-term debt
345,177	208,591	861,394	0	319	546	538	500	352,316	454	5,654	1,786
Cash paid for debt issuance costs
4,341	0	6,348	21,581	0	0	-	-	-	-	-	-
Net repayments on revolving credit loans
-9,005	-11,288	-16,028	3,417	5,912	7,269	-122,656	87,240	-41,195	-51,472	-19,116	42,834
Payments for employee withholdings on equity awards
9,428	7,102	6,027	4,479	4,662	2,961	-	-	-	-	-	-
Proceeds from the reissuance of treasury stock
1,660	1,771	1,543	733	561	1,456	1,139	3,397	35,093	5,005	37,959	1,530
Acquisition of noncontrolling interest
7,553	0	0	-	-	-	-	-49,549	460	-	-	-
Repurchases of common stock
170,191	107,025	0	0	147,003	52,997	0	185,114	314,886	200,000	0	100,000
Proceeds from Contributions from Affiliates
-	-	-	-	-	-	-	-	-	34,556	23,208	10,810
Acquisition of noncontrolling interest in joint venture
-	-	-	-	-	-	-	117,220	0	0	-	-
Return of capital to joint venture partner
-	-	-	-	-	-	-	-9,074	0	0	-	-
Acquisition earn-out payments
-	-	-	-	2,736	5,060	6,183	0	0	-	-	-
Other
529	0	0	-	-	-	-	-	-	-	-	-
Excess tax benefit from stock-based compensation
-	-	-	-	-	-	927	5,304	2,003	1,180	963	0
Net cash (used in) provided by financing activities
-243,506	-332,235	119,894	976,495	-148,247	-52,839	-127,311	80,294	-670,841	-211,185	37,360	-46,612
Effect of Exchange Rate on Cash and Cash Equivalents
-17,087	-32,696	94,860	3,335	-15,671	-72,057	1,711	-1,068	-21,279	-2,633	38,793	-41,702
Net increase (decrease) in cash and cash equivalents
42,243	-156,505	-1,169,963	1,594,422	-11,826	-22,859	229,537	-145,698	-236,336	-204,833	580,091	80,683
Reconciliation of net income to net cash provided by operating activities:
Net income attributable to shareholders of Tech Data Corporation
-	-	-	-	-	-	-	176,255	190,750	208,372	180,155	117,278
Net income attributable to noncontrolling interest
-	-	-	-	-	-	-	6,785	10,452	4,620	1,045	-1,822
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
374,500	340,580	116,641	195,095	265,736	175,172	179,932	183,040	201,202	212,992	181,200	115,456
Adjustments to reconcile net income to net cash provided by operating activities:
Goodwill Impairment
0	47,434	0	0	-	-	-	-	-	-	-	-
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal
1,390	6,746	0	0	-	-	-	0	28,294	0	0	-
Depreciation and amortization
153,099	158,997	150,046	54,437	57,253	68,746	72,979	58,353	57,332	47,285	45,954	51,234
Provision for losses on accounts receivable
21,081	9,903	19,788	4,680	6,061	10,415	11,725	9,653	10,813	11,798	10,953	15,000
Share-based Payment Arrangement, Noncash Expense
32,187	31,513	29,381	13,900	14,890	13,668	8,858	13,616	11,994	10,353	11,225	11,990
Loss on disposal of subsidiaries
-	-	-	-	699	1,330	0	-	-	-	-	-
Accretion of debt discount and debt issuance costs
4,042	3,841	5,698	835	839	839	839	88	8,994	10,278	10,278	10,278
Deferred Income Tax Expense (Benefit)
19,187	-12,482	-4,261	-11,002	2,387	-335	-53,484	-22,759	-33,952	7,230	-2,541	18,221
Gain on sale of fixed assets
-	-	-	-	-	2,350	0	0	-	-	-	-
Excess tax benefit from stock-based compensation
-	-	-	-	-	-	927	5,304	2,003	1,180	963	0
Changes in operating assets and liabilities, net of acquisitions and disposition:
Accounts receivable
-159,569	512,385	632,809	117,788	297,637	-22,166	36,031	103,538	-10,744	13,726	168,152	86,423
Inventories
-213,344	480,001	466,445	27,478	219,482	-245,474	209,383	151,713	457,190	481,572	-116,543	261,974
Prepaid expenses and other assets
-66,777	-13,581	9,120	-57,978	44,384	-31,254	-77,162	102,139	-37,766	29,579	-21,290	18,761
Accounts payable
-406,839	852,369	1,704,305	474,059	426,412	-469,757	321,254	218,618	-124,577	396,329	328,122	374,696
Accrued expenses and other liabilities
-42,467	-66,469	181,278	12,304	-18,882	26,469	6,224	25,779	-41,536	5,921	-18,444	50,093
Total adjustments
218,590	39,555	977,861	461,972	-71,844	-52,081	199,216	-59,346	324,039	-36,863	354,265	164,354
Net Cash Provided by (Used in) Operating Activities
593,090	380,135	1,094,502	657,067	193,892	123,091	379,148	123,694	525,241	176,129	535,465	279,810
Issuance of stock to acquire business
0	0	247,232	0	0	-	-	-	-	-	-	-