← SCANSOURCE, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income From Continuing Operations | — | — | — | — | — | — | $88.7m | $88.1m | $77.1m | $71.5m | $73.3m | |
| Net Income (Loss) Attributable to Parent | $63.6m |
$69.2m
+8.84%
|
$33.2m
-52.12%
|
$57.6m
+73.73%
|
($192.7m)
-434.49%
|
$10.8m
+105.60%
|
$88.8m
+722.58%
|
$89.8m
+1.14%
|
$77.1m
-14.20%
|
$71.5m
-7.15%
|
— | |
| Depreciation, Depletion and Amortization | $17.2m | $25.0m | $37.5m | $36.6m | $35.3m | $33.5m | $29.9m | $28.6m | $28.0m | $30.2m | $25.0m | |
| Amortization of Debt Issuance Costs | $297k | $290k | $326k | $350k | $417k | $417k | $417k | $577k | $386k | $386k | — | |
| Amortization of Intangible Assets | $9.8m | $15.5m | $20.7m | $19.7m | $20.0m | $19.5m | $17.9m | $16.7m | $15.7m | $19.2m | — | |
| Depreciation, Nonproduction | — | $9.4m | $13.3m | $13.2m | $13.0m | $12.5m | $11.1m | $10.9m | $11.2m | $10.0m | $25.0m | |
| Deferred Income Tax Expense (Benefit) | $2.8m | ($1.8m) | ($23.2m) | ($1.7m) | ($10.9m) | $879k | $3.9m | ($2.2m) | ($2.0m) | $2.8m | ($2.4m) | |
| Deferred Income Tax | — | — | — | — | — | — | $5.7m | ($1.5m) | ($2.5m) | $1.1m | ($2.4m) | |
| Deferred Tax | — | — | — | — | — | — | $5.7m | ($1.5m) | ($2.5m) | $1.1m | ($2.4m) | |
| Share-based Payment Arrangement, Noncash Expense | $7.1m | $6.6m | $6.5m | $6.1m | $5.5m | $8.0m | $11.7m | $11.2m | $9.5m | $11.1m | $13.2m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | $1.6m | $1.4m | $1.4m | $1.0m | $2.8m | $2.5m | $2.9m | $4.9m | — | |
| Goodwill, Impairment Loss | — | — | — | $0 | $119.0m | $0 | $0 | $0 | $0 | $0 | — | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | — | — | — | $1.4m | $0 | $0 | $0 | $0 | $0 | — | |
| Other Nonoperating Income (Expense) | ($2.2m) | $11.1m | ($1.3m) | ($517k) | ($411k) | ($116k) | ($1.4m) | ($1.7m) | ($988k) | $6.0m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | ($262.3m) | ($165.6m) | $264.9m | ($12.3m) | $15.5m | |
| Increase (Decrease) in Accounts Receivable | ($14.2m) | $66.1m | $46.8m | $12.6m | ($57.5m) | $118.9m | $165.9m | $17.4m | ($138.3m) | $55.0m | ($61.1m) | |
| Change In Receivables | — | — | — | — | — | — | ($165.9m) | ($17.4m) | $138.3m | ($55.0m) | ($61.1m) | |
| Changes In Account Receivables | — | — | — | — | — | — | ($165.9m) | ($17.4m) | $138.3m | ($55.0m) | ($61.1m) | |
| Increase (Decrease) in Inventories | ($3.0m) | ($28.4m) | $59.5m | $104.6m | ($86.2m) | $12.3m | $146.0m | $138.3m | ($239.2m) | ($28.9m) | ($7.0m) | |
| Change In Inventory | — | — | — | — | — | — | ($146.0m) | ($138.3m) | $239.2m | $28.9m | ($7.0m) | |
| Increase (Decrease) in Accounts Payable | ($71.7m) | $19.9m | $44.5m | ($2.7m) | ($20.8m) | $175.1m | $83.0m | ($30.7m) | ($78.2m) | $3.7m | $99.0m | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $75.8m | ($35.0m) | ($84.1m) | $2.6m | $99.0m | |
| Change In Accrued Expense | — | — | — | — | — | — | ($4.9m) | ($14.2m) | ($3.9m) | $2.8m | $7.6m | |
| Change In Other Current Assets | — | — | — | — | — | — | $1.1m | ($7.6m) | ($10.7m) | $4.0m | $1.7m | |
| Net Cash Provided by (Used in) Operating Activities | $52.2m |
$94.9m
+81.72%
|
$27.9m
-70.62%
|
($27.1m)
-197.33%
|
$182.0m
+771.04%
|
$116.8m
-35.85%
|
($124.4m)
-206.50%
|
($35.8m)
+71.24%
|
$0
+100.00%
|
$112.3m |
$133.0m
+18.42%
|
|
| Cash flows from investing activities: | ||||||||||||
| Capital Expenditure | $12.1m | $8.8m | $8.2m | $7.2m | $6.4m | $2.4m | ($6.8m) | ($10.0m) | ($8.6m) | ($8.3m) | ($9.3m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $61.5m | $83.8m | $143.8m | $32.2m | $48.9m | $0 | $0 | — | — | $56.7m | ($18.2m) | |
| Net Other Investing Changes | — | — | — | — | — | — | ($6.8m) | ($10.0m) | — | — | ($10.0m) | |
| Net Cash Provided by (Used in) Investing Activities | ($73.6m) | ($96.2m) | ($151.9m) | ($39.4m) | ($55.3m) | $32.0m | ($3.7m) | ($8.3m) | $9.0m | ($62.4m) | ($27.5m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $2.8m | $0 | $0 | — | $4.1m | $7.8m | $7.8m | $15.6m | $6.9m | $7.9m | ($340.0m) | |
| Proceeds from Issuance of Long-term Debt | — | — | — | $149.7m | — | — | — | — | — | — | $303.0m | |
| Issuance Of Debt | — | — | — | — | — | — | $2.2b | $2.5b | $1.3b | $52.0m | $303.0m | |
| Long Term Debt Issuance | — | — | — | — | — | — | $2.2b | $2.5b | $1.3b | $52.0m | $303.0m | |
| Long Term Debt Payments | — | — | — | — | — | — | ($2.0b) | ($2.5b) | ($1.4b) | ($61.0m) | ($340.0m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $126.8m | $58.1m | ($186.8m) | ($9.0m) | ($37.0m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $126.8m | $58.1m | ($186.8m) | ($9.0m) | ($37.0m) | |
| Net Short Term Debt Issuance | — | — | — | — | — | — | $135.8m | $43.1m | — | — | $43.1m | |
| Repayment Of Debt | — | — | — | — | — | — | ($2.0b) | ($2.5b) | ($1.4b) | ($61.0m) | ($340.0m) | |
| Short Term Debt Issuance | — | — | — | — | — | — | $2.2b | $2.5b | — | — | $2.5b | |
| Short Term Debt Payments | — | — | — | — | — | — | ($2.0b) | ($2.5b) | — | — | ($2.5b) | |
| Payments for Repurchase of Common Stock | $100.2m | $20.9m | $0 | $9.5m | $6.1m | $0 | $18.2m | $15.7m | $42.9m | $106.5m | — | |
| Common Stock Payments | — | — | — | — | — | — | ($18.2m) | ($15.7m) | ($42.9m) | ($106.5m) | ($96.7m) | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($18.2m) | ($15.7m) | ($42.9m) | ($106.5m) | ($96.7m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($18.2m) | ($15.7m) | ($42.9m) | ($106.5m) | ($96.7m) | |
| Proceeds from (Payments for) Other Financing Activities | ($8.6m) | ($10.2m) | — | — | — | — | — | — | — | — | — | |
| Net Other Financing Charges | — | — | — | — | — | — | ($2.8m) | ($3.9m) | ($2.9m) | ($4.9m) | ($5.7m) | |
| Net Cash Provided by (Used in) Financing Activities | ($36.3m) |
($3.5m)
+90.34%
|
$97.5m
+2881.18%
|
$64.2m
-34.13%
|
($152.7m)
-337.71%
|
($118.8m)
+22.18%
|
$108.1m
+190.98%
|
$39.5m
-63.43%
|
($227.8m)
-676.17%
|
($110.9m)
+51.31%
|
($134.5m)
-21.28%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($2.6m) | ($440k) | ($4.0m) | ($1.7m) | $10.6m | $28.3m | ($24.7m) | ($1.8m) | $149.3m | ($59.3m) | $117.3m | |
| Beginning Cash Position | — | — | — | — | — | — | $62.7m | $38.0m | $36.2m | $185.5m | $146.3m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $23.8m | $29.5m | $62.7m | $38.0m | $36.2m | $185.5m | $126.2m | $117.3m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($2.6m) | ($440k) | ($4.0m) | $558k | ($3.6m) | $3.7m | ($4.8m) | $2.7m | ($3.6m) | $1.6m | $3.0m | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | ($4.8m) | $2.7m | ($3.6m) | $1.6m | $3.0m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $1.7m | $2.8m | $8.5m | $13.1m | $12.0m | $6.4m | $6.1m | $18.8m | $13.0m | $7.6m | — | |
| Income Taxes Paid, Net | $33.9m | $31.1m | $38.3m | $33.1m | $16.9m | $12.0m | $29.4m | $28.5m | $27.1m | $27.8m | — | |
| Additional Financial Items | ||||||||||||
| Foreign Currency Transaction Gain (Loss), before Tax | ($2.6m) | ($1.9m) | ($2.1m) | ($1.2m) | ($525k) | ($845k) | ($2.1m) | ($2.2m) | ($2.2m) | ($755k) | — | |
| Gain (Loss) on Disposition of Business | — | — | — | — | — | — | — | — | $14.2m | $0 | — | |
| Goodwill | $92.7m | $200.9m | $298.2m | $319.5m | $214.3m | $218.9m | $214.4m | $216.7m | $206.3m | $230.8m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | $35.5m | $64.9m | ($79.2m) | $45.4m | $88.7m | $88.1m | $77.1m | $71.5m | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | ($2.3m) | ($7.3m) | ($113.4m) | ($34.6m) | $100k | $1.7m | $0 | $0 | — | |
| Income Tax Expense (Benefit) | $32.4m | $32.2m | $27.8m | $20.3m | $7.5m | $12.1m | $29.9m | $33.8m | $22.8m | $22.8m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $13.0m | $8.0m | — | |
| Investment Income, Interest | $3.4m | $5.3m | — | — | — | — | — | — | — | — | — | |
| Proceeds from Stock Options Exercised | $4.0m | $8.2m | $2.3m | $1.5m | $754k | $451k | $2.3m | $910k | $4.8m | $9.5m | — | |
| Stock or Unit Option Plan Expense | $1.5m | $1.4m | $1.2m | $868k | $508k | $1.3m | $1.8m | $1.4m | $550k | $0 | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | $108.1m | $39.5m | ($227.8m) | ($110.9m) | ($134.5m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($3.7m) | ($8.3m) | $9.0m | ($62.4m) | ($27.5m) | |
| Cash From Discontinued Financing Activities | — | — | — | — | — | — | $0 | $0 | — | — | $0 | |
| Cash From Discontinued Investing Activities | — | — | — | — | — | — | $0 | $0 | — | — | — | |
| Change In Account Payable | — | — | — | — | — | — | $83.0m | ($30.7m) | ($78.2m) | $3.7m | $99.0m | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($24.7m) | ($1.8m) | $149.3m | ($59.3m) | — | |
| Change In Income Tax Payable | — | — | — | — | — | — | ($2.3m) | $9.9m | ($2.0m) | ($4.0m) | ($13.0m) | |
| Change In Payable | — | — | — | — | — | — | $80.7m | ($20.8m) | ($80.2m) | ($293k) | $99.0m | |
| Change In Prepaid Assets | — | — | — | — | — | — | ($27.4m) | $32.7m | ($17.8m) | $7.3m | ($11.7m) | |
| Change In Tax Payable | — | — | — | — | — | — | ($2.3m) | $9.9m | ($2.0m) | ($4.0m) | ($13.0m) | |
| Changes In Cash | — | — | — | — | — | — | ($20.0m) | ($4.5m) | $152.9m | ($60.9m) | ($29.0m) | |
| End Cash Position | — | — | — | — | — | — | $38.0m | $36.2m | $185.5m | $126.2m | $117.3m | |
| Financing Cash Flow | — | — | — | — | — | — | $108.1m |
$39.5m
-63.43%
|
($227.8m)
-676.17%
|
($110.9m)
+51.31%
|
($134.5m)
-21.28%
|
|
| Free Cash Flow | — | — | — | — | — | — | ($131.2m) | ($45.7m) | $363.1m | $104.1m | $123.8m | |
| Gain Loss On Sale Of Business | — | — | — | — | — | — | $0 | $0 | ($14.2m) | $0 | $0 | |
| Investing Cash Flow | — | — | — | — | — | — | ($3.7m) | ($8.3m) | $9.0m | ($62.4m) | ($27.5m) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | $3.1m | $1.7m | $17.6m | ($54.1m) | ($18.2m) | |
| Other Non Cash Items | — | — | — | — | — | — | $451k | $621k | $487k | $2.4m | — | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | — | $2.3m | $910k | $4.8m | $9.5m | $4.9m | |
| Provisionand Write Offof Assets | — | — | — | — | — | — | $1.5m | $2.8m | $8.3m | $8.4m | $6.0m | |
| Purchase Of Business | — | — | — | — | — | — | $0 | $0 | $0 | ($56.7m) | ($18.2m) | |
| Sale Of Business | — | — | — | — | — | — | $3.1m | $1.7m | $17.6m | $2.6m | $0 | |
| Stock Based Compensation | — | — | — | — | — | — | $11.7m | $11.2m | $9.5m | $11.1m | $13.2m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.