Tech data corporation (TECD)
CashFlow / TTM
Jan'20Oct'19Jul'19Apr'19Jan'19Oct'18Jul'18Apr'18Jan'18Oct'17Jul'17Apr'17Jan'17Oct'16Jul'16Apr'16Jan'16Oct'15Jul'15Apr'15Jan'15Oct'14Jul'14Apr'14Jan'14Oct'13Jul'13Apr'13Jan'13Oct'12Jul'12Apr'12Jan'12Oct'11Jul'11Apr'11Jan'11Oct'10Jul'10Apr'10
Cash flows from operating activities:
Cash received from customers

48,892,924

48,981,182

48,679,788

48,235,109

47,836,136

46,527,033

46,028,438

44,994,316

42,981,601

38,996,300

35,343,887

31,835,293

29,427,357

29,140,562

28,675,184

28,706,776

28,119,687

27,856,102

28,140,139

28,596,290

29,380,493

29,852,544

29,363,773

28,690,279

28,253,552

27,626,968

27,406,574

26,961,857

26,531,396

26,549,798

26,696,527

26,987,919

27,034,281

27,054,669

26,430,498

25,534,854

24,752,938

0

0

0

Cash paid to vendors and employees

48,118,538

48,146,299

48,000,646

47,025,177

47,263,258

45,529,971

45,105,153

44,469,973

41,668,923

37,918,500

34,351,307

31,107,569

28,663,998

28,846,906

28,481,509

28,223,670

27,819,886

27,349,096

27,684,066

28,389,731

29,174,581

29,709,853

29,231,406

28,255,205

27,775,887

27,163,886

26,793,897

26,607,449

26,306,835

26,287,099

26,295,516

26,287,108

26,404,749

26,311,593

25,952,942

25,154,004

24,487,671

0

0

0

Interest paid, net

87,886

93,946

94,668

98,631

97,293

96,193

102,948

100,851

86,544

76,218

44,380

33,107

22,020

21,487

20,593

20,332

20,264

20,607

21,638

23,326

24,546

24,528

23,995

23,065

23,082

23,436

17,637

17,990

11,422

14,907

14,005

18,137

18,313

19,212

18,045

17,672

15,927

0

0

0

Income taxes paid

93,410

97,517

96,038

101,359

95,450

98,124

102,745

120,966

131,632

114,927

104,589

87,947

84,272

92,864

102,049

100,461

85,645

79,255

53,276

47,878

58,275

62,967

71,790

72,012

75,435

68,045

62,430

71,152

89,445

99,907

106,920

111,317

85,978

80,487

88,355

77,956

73,211

0

0

0

Net cash provided by operating activities

593,090

643,420

488,436

1,009,942

380,135

802,745

717,592

302,526

1,094,502

886,655

843,611

606,670

657,067

179,305

71,033

362,313

193,892

407,144

381,159

135,355

123,091

55,196

36,582

339,997

379,148

371,601

532,610

265,266

123,694

147,885

280,086

571,357

525,241

643,377

371,156

285,222

176,129

0

0

0

Cash flows from investing activities:
Proceeds from sale of business, net of cash divested

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

20,020

20,020

18,747

18,747

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition of businesses, net of cash acquired

-

-

-

-

-

-

-

-

2,249,849

2,249,873

2,249,575

2,252,875

2,916

0

0

0

-

-

-

-

-

-

-

-

-6,377

293,427

293,427

293,427

310,253

17,054

30,416

32,580

24,898

18,241

132,798

130,634

141,138

0

0

0

Payments to Acquire Intangible Assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,519

1,519

1,519

1,519

0

0

0

0

-

-

-

-

-

-

-

-

Expenditures for property and equipment

48,352

46,668

45,670

43,846

40,995

37,951

193,753

192,756

192,235

185,300

23,986

22,178

24,971

25,759

25,699

23,856

20,917

20,703

20,118

20,440

18,639

17,072

15,820

14,332

15,598

12,776

13,564

13,421

14,871

16,723

17,116

16,453

13,672

17,669

17,052

18,185

18,688

0

0

0

Software and software development costs

36,470

26,243

26,531

24,392

20,419

20,160

19,094

17,190

39,702

37,111

34,827

36,040

14,364

15,939

15,612

14,435

13,055

11,429

11,585

10,752

9,536

10,080

9,583

11,030

13,271

14,655

16,469

18,420

23,494

27,531

31,662

35,321

30,887

24,274

18,500

13,650

12,112

0

0

0

Other

-4,491

-4,153

-3,964

-4,662

-4,943

-4,334

-4,562

-3,300

-2,567

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-290,254

-68,758

-189,642

-178,814

-171,709

-169,222

-202,623

-206,536

-2,479,219

-2,473,170

-2,309,511

-2,312,317

-42,475

-44,383

-42,723

-64,866

-41,800

-39,960

-40,804

-5,324

-21,054

-21,698

-19,949

-27,029

-24,011

-322,377

-324,979

-326,787

-348,618

-61,308

-79,194

-84,354

-69,457

-55,390

-163,556

-157,675

-167,144

0

0

0

Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Principal payments on long-term debt

345,177

312,662

110,114

210,916

208,591

503,296

756,293

664,293

861,394

565,952

210,946

200,000

0

0

81

201

319

446

499

521

546

559

562

551

538

526

514

503

500

350,496

352,295

352,318

352,316

2,309

500

464

454

0

0

0

Cash paid for debt issuance costs

4,341

4,341

3,909

1,028

0

477

1,227

1,227

6,348

12,464

26,702

26,702

21,581

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net repayments on revolving credit loans

-9,005

13,021

17,198

16,230

-11,288

-451

-5,942

-21,730

-16,028

-19,958

-10,586

-2,985

3,417

-734

-4,728

1,690

5,912

9,613

8,422

4,420

7,269

772

7,724

16,536

-122,656

-50,774

-28,672

-28,699

87,240

5,671

-31,056

-35,125

-41,195

-70,181

-81,640

-80,067

-51,472

0

0

0

Payments for employee withholdings on equity awards

9,428

9,451

9,534

9,449

7,102

7,100

7,043

6,782

6,027

6,009

5,947

5,886

4,479

4,514

4,424

4,403

4,662

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from the reissuance of treasury stock

1,660

1,899

1,853

1,824

1,771

1,786

1,769

1,596

1,543

1,320

1,110

976

733

677

649

603

561

1,058

1,016

1,007

1,456

774

669

553

1,139

1,364

1,499

1,822

3,397

6,497

9,662

10,340

35,093

35,296

32,282

31,527

5,005

0

0

0

Repurchases of common stock

170,191

230,219

224,717

142,706

107,025

0

0

0

-

-

-

-

-

-

-

-

147,003

200,000

163,089

100,000

52,997

0

0

0

-

-

-

-

185,114

195,667

295,667

301,151

314,886

300,000

233,446

245,693

200,000

0

0

0

Proceeds from Contributions from Affiliates

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

Return of capital to joint venture partner

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-9,074

0

0

0

-

-

-

-

-

-

-

-

Acquisition earn-out payments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,736

2,736

2,736

4,339

5,060

5,060

5,060

3,457

6,183

6,183

6,183

6,183

0

0

0

0

-

-

-

-

-

-

-

-

Excess tax benefit from stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

687

683

789

927

1,196

1,283

1,491

5,304

5,148

5,048

4,799

2,003

1,970

1,970

1,898

1,180

0

0

0

Net cash (used in) provided by financing activities

-243,506

-248,777

-329,223

-346,045

-332,235

-553,336

-768,736

-692,436

119,894

1,403,490

1,753,482

1,771,956

976,495

-19,559

-45,495

-102,311

-148,247

-200,672

-164,953

-107,292

-52,839

-3,386

3,454

13,870

-127,311

-59,256

142,121

-5,020

80,294

-358,880

-672,922

-677,641

-670,841

-327,763

-246,778

-258,243

-211,185

0

0

0

Effect of Exchange Rate on Cash and Cash Equivalents

-17,087

-8,218

-24,165

-33,160

-32,696

3,647

13,359

80,482

94,860

54,105

48,638

-30,502

3,335

-9,758

4,963

11,415

-15,671

-42,043

-73,414

-74,941

-72,057

-35,399

4,601

22,267

1,711

7,671

1,686

-16,461

-1,068

-38,342

-58,735

-50,803

-21,279

6,414

54,435

59,812

-2,633

0

0

0

Net increase (decrease) in cash and cash equivalents

42,243

317,667

-54,594

451,923

-156,505

83,834

-240,408

-515,964

-1,169,963

-128,920

336,220

35,807

1,594,422

105,605

-12,222

206,551

-11,826

124,469

101,988

-52,202

-22,859

-5,287

24,688

349,105

229,537

-2,361

351,438

-83,002

-145,698

-310,645

-530,765

-241,441

-236,336

266,638

15,257

-70,884

-204,833

0

0

0

Reconciliation of net income to net cash provided by operating activities:
Net income attributable to shareholders of Tech Data Corporation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

139,837

176,255

170,237

180,819

196,227

190,750

223,753

220,692

211,440

208,372

0

0

0

Net income attributable to noncontrolling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,785

11,925

14,446

12,305

10,452

10,625

6,300

4,590

4,620

0

0

0

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

374,500

342,219

365,665

362,281

340,580

225,041

148,093

119,686

116,641

194,203

193,441

192,376

195,095

212,420

217,814

247,832

265,736

250,266

250,066

212,982

175,172

0

0

0

-

-

-

-

183,040

182,162

195,265

208,494

201,202

232,992

226,992

216,068

212,992

0

0

0

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

153,099

152,082

153,357

155,773

158,997

156,780

159,872

158,844

150,046

126,121

96,915

72,073

54,437

55,958

57,177

57,121

57,253

58,573

60,988

64,709

68,746

71,232

72,833

73,228

72,979

72,677

67,838

62,923

58,353

54,652

54,979

55,973

57,332

56,534

54,280

50,886

47,285

0

0

0

Provision for losses on accounts receivable

21,081

17,534

18,065

10,744

9,903

18,142

18,621

16,802

19,788

14,414

10,019

9,895

4,680

4,477

6,109

5,164

6,061

6,788

6,907

6,583

10,415

10,645

10,213

13,675

11,725

9,945

11,393

10,721

9,653

11,307

9,724

9,809

10,813

9,459

15,129

11,776

11,798

0

0

0

Share-based Payment Arrangement, Noncash Expense

32,187

31,526

32,318

32,231

31,513

31,858

32,044

32,050

29,381

24,097

19,322

15,161

13,900

14,511

14,582

14,729

14,890

15,369

15,604

15,513

13,668

11,607

9,382

7,740

8,858

10,413

12,327

13,766

13,616

14,177

13,419

12,468

11,994

10,927

10,426

10,371

10,353

0

0

0

Loss on disposal of subsidiaries

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

699

2,029

1,847

1,693

1,330

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accretion of debt discount and debt issuance costs

4,042

4,053

3,736

3,841

3,841

6,989

6,329

5,489

5,698

1,901

1,592

1,214

835

835

838

860

839

839

839

817

839

1,271

1,125

982

839

264

220

154

88

1,307

3,855

6,424

8,994

10,278

10,278

10,278

10,278

0

0

0

Excess tax benefit from stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

687

683

789

927

1,196

1,283

1,491

5,304

8,888

5,048

4,799

2,003

-1,770

1,970

1,898

1,180

0

0

0

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

-159,569

-169,599

377,240

431,077

512,385

1,132,269

121,819

353,211

632,809

19,656

338,810

246,195

117,788

47,679

70,988

15,496

297,637

154,253

111,749

-48,298

-22,166

103,135

173,239

225,494

36,031

73,378

-115,224

-78,240

103,538

-58,448

-307,161

-100,849

-10,744

-181,139

346,871

-48,220

13,726

0

0

0

Inventories

-213,344

-30,859

173,204

470,164

480,001

447,305

396,366

234,267

466,445

296,194

258,105

360,303

27,478

189,955

187,496

118,100

219,482

-22,100

46,539

-82,847

-245,474

150,412

132,989

87,783

209,383

-95

-85,090

948

151,713

349,793

121,943

614,667

457,190

450,809

757,535

341,150

481,572

0

0

0

Prepaid expenses and other assets

-66,777

-56,292

-43,226

-46,170

-13,581

9,340

27,922

-20,774

9,120

2,700

24,638

52,739

-57,978

-35,199

-50,983

-34,785

44,384

22,410

45,320

-11,140

-31,254

-4,540

10,878

55,355

-77,162

8,174

-32,930

10,025

102,139

-10,701

-11,129

-88,491

-37,766

-23,132

-8,767

30,352

29,579

0

0

0

Accounts payable

-406,839

-65,258

415,352

1,278,007

852,369

1,707,950

803,660

506,799

1,704,305

835,224

1,099,215

921,474

474,059

138,095

80,224

179,166

426,412

228,768

166,814

-341,010

-469,757

50,418

107,427

457,796

321,254

171,916

35,979

-53,000

218,618

-141,365

134,407

-51,504

-124,577

178,231

164,948

356,512

396,329

0

0

0

Accrued expenses and other liabilities

-42,467

-145,192

-37,279

-6,070

-66,469

268,785

118,015

33,821

181,278

18,888

55,054

64,669

12,304

-46,943

-100,779

-46,471

-18,882

-1,257

81,387

33,922

26,469

11,295

8,953

33,842

6,224

97,186

74,695

42,897

25,779

-44,615

-73,144

-51,883

-41,536

-69,416

-81,938

-52,719

5,921

0

0

0

Total adjustments

218,590

301,201

122,771

647,661

39,555

577,704

569,499

182,840

977,861

692,452

650,170

414,294

461,972

-33,115

-146,781

114,481

-71,844

156,878

131,093

-77,627

-52,081

-149,060

-163,690

164,358

199,216

256,989

411,654

120,478

-59,346

-34,277

84,821

362,863

324,039

410,385

144,164

69,154

-36,863

0

0

0

Net Cash Provided by (Used in) Operating Activities

593,090

643,420

488,436

1,009,942

380,135

802,745

717,592

302,526

1,094,502

886,655

843,611

606,670

657,067

179,305

71,033

362,313

193,892

407,144

381,159

135,355

123,091

55,196

36,582

339,997

379,148

371,601

532,610

265,266

123,694

147,885

280,086

571,357

525,241

643,377

371,156

285,222

176,129

0

0

0

Issuance of stock to acquire business

-

-

-

-

-

-

-

-

247,232

247,232

247,232

247,232

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-