10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000790703-14-000019 |
| Period End Date | 20130430 |
| Filing Date | 20140225 |
| Fiscal Year | 2013 |
| Fiscal Period | Q1 |
| XBRL Instance | tecd-20130430.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
58 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Accounts receivable, allowance for doubtful accounts |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$55.60M | USD | Point-in-time |
| Accounts receivable, allowance for doubtful accounts |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$58.28M | USD | Point-in-time |
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
200.00M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$409.53M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$340.56M | USD | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
200.00M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$326.53M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$486.26M | USD | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
59.24M | shares | Point-in-time |
| Accounts receivable, less allowances of $55,601 and $58,284 |
AccountsReceivableNetCurrent
|
$2.75B | USD | Point-in-time |
| Accounts receivable, less allowances of $55,601 and $58,284 |
AccountsReceivableNetCurrent
|
$3.22B | USD | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
59.24M | shares | Point-in-time |
| Inventories |
InventoryNet
|
$2.19B | USD | Point-in-time |
| Treasury stock, shares |
TreasuryStockShares
|
21.23M | shares | Point-in-time |
| Inventories |
InventoryNet
|
$2.25B | USD | Point-in-time |
| Treasury stock, shares |
TreasuryStockShares
|
21.44M | shares | Point-in-time |
| Prepaid expenses and other assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$187.59M | USD | Point-in-time |
| Prepaid expenses and other assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$334.43M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$5.45B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$6.15B | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$81.08M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$84.39M | USD | Point-in-time |
| Other assets, net |
OtherAssetsNoncurrent
|
$580.01M | USD | Point-in-time |
| Other assets, net |
OtherAssetsNoncurrent
|
$601.14M | USD | Point-in-time |
| Total assets |
Assets
|
$6.83B | USD | Point-in-time |
| Total assets |
Assets
|
$6.11B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$3.19B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$3.66B | USD | Point-in-time |
| Accrued expenses and other liabilities |
AccruedLiabilitiesCurrent
|
$533.18M | USD | Point-in-time |
| Accrued expenses and other liabilities |
AccruedLiabilitiesCurrent
|
$620.17M | USD | Point-in-time |
| Revolving credit loans and current maturities of long-term debt, net |
DebtCurrent
|
$167.52M | USD | Point-in-time |
| Revolving credit loans and current maturities of long-term debt, net |
DebtCurrent
|
$34.61M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$4.44B | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$3.76B | USD | Point-in-time |
| Long-term debt, less current maturities |
LongTermDebtAndCapitalLeaseObligations
|
$354.46M | USD | Point-in-time |
| Long-term debt, less current maturities |
LongTermDebtAndCapitalLeaseObligations
|
$354.21M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$113.19M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$107.48M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$4.91B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$4.22B | USD | Point-in-time |
| Commitments and contingencies (Note 11) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies (Note 11) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Common stock, par value $.0015; 200,000,000 shares authorized; 59,239,085 shares issued at April 30, 2013 and January 31, 2013 |
CommonStockValue
|
$89.00K | USD | Point-in-time |
| Common stock, par value $.0015; 200,000,000 shares authorized; 59,239,085 shares issued at April 30, 2013 and January 31, 2013 |
CommonStockValue
|
$89.00K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$680.72M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$671.67M | USD | Point-in-time |
| Treasury stock, at cost (21,225,670 and 21,436,566 shares at April 30, 2013 and January 31, 2013) |
TreasuryStockValue
|
$896.99M | USD | Point-in-time |
| Treasury stock, at cost (21,225,670 and 21,436,566 shares at April 30, 2013 and January 31, 2013) |
TreasuryStockValue
|
$905.90M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsUnappropriated
|
$1.81B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsUnappropriated
|
$1.83B | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$282.50M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$330.11M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.92B | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.89B | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$6.83B | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$6.11B | USD | Point-in-time |
Income Statement
36 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net sales |
SalesRevenueNet
|
$5.91B | USD | 1 Quarter |
| Net sales |
SalesRevenueNet
|
$6.15B | USD | 1 Quarter |
| Cost of products sold |
CostOfGoodsSold
|
$5.59B | USD | 1 Quarter |
| Cost of products sold |
CostOfGoodsSold
|
$5.83B | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$323.41M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$322.41M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$240.95M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$283.36M | USD | 1 Quarter |
| Restatement expenses (Note 2) |
OperatingExpensesRestatement
|
- | USD | 1 Quarter |
| Restatement expenses (Note 2) |
OperatingExpensesRestatement
|
$3.02M | USD | 1 Quarter |
| Operating Expenses |
OperatingExpenses
|
$240.95M | USD | 1 Quarter |
| Operating Expenses |
OperatingExpenses
|
$286.38M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$36.03M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$82.46M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$3.07M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$7.10M | USD | 1 Quarter |
| Other (income) expense, net |
OtherNonoperatingIncomeExpense
|
$-235.00K | USD | 1 Quarter |
| Other (income) expense, net |
OtherNonoperatingIncomeExpense
|
$2.16M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$31.10M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$79.15M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$23.14M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$13.34M | USD | 1 Quarter |
| Consolidated net income |
ProfitLoss
|
$17.76M | USD | 1 Quarter |
| Consolidated net income |
ProfitLoss
|
$56.01M | USD | 1 Quarter |
| Net income attributable to noncontrolling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$1.83M | USD | 1 Quarter |
| Net income attributable to noncontrolling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
- | USD | 1 Quarter |
| Net income attributable to shareholders of Tech Data Corporation |
NetIncomeLoss
|
$54.18M | USD | 1 Quarter |
| Net income attributable to shareholders of Tech Data Corporation |
NetIncomeLoss
|
$17.76M | USD | 1 Quarter |
| Basic (in USD per share) |
EarningsPerShareBasic
|
$1.32 | USD | 1 Quarter |
| Basic (in USD per share) |
EarningsPerShareBasic
|
$0.47 | USD | 1 Quarter |
| Diluted (in USD per share) |
EarningsPerShareDiluted
|
$0.47 | USD | 1 Quarter |
| Diluted (in USD per share) |
EarningsPerShareDiluted
|
$1.30 | USD | 1 Quarter |
| Basic (shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
41.15M | shares | 1 Quarter |
| Basic (shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
37.91M | shares | 1 Quarter |
| Diluted (shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
38.17M | shares | 1 Quarter |
| Diluted (shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
41.60M | shares | 1 Quarter |
Cash Flow Statement
78 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash received from customers |
ProceedsFromCustomers
|
$6.42B | USD | 1 Quarter |
| Cash received from customers |
ProceedsFromCustomers
|
$6.85B | USD | 1 Quarter |
| Cash paid to vendors and employees |
PaymentsToSuppliersAndEmployees
|
$6.70B | USD | 1 Quarter |
| Cash paid to vendors and employees |
PaymentsToSuppliersAndEmployees
|
$6.39B | USD | 1 Quarter |
| Interest paid, net |
InterestPaidNet
|
$2.97M | USD | 1 Quarter |
| Interest paid, net |
InterestPaidNet
|
$9.54M | USD | 1 Quarter |
| Income taxes paid |
IncomeTaxesPaid
|
$33.12M | USD | 1 Quarter |
| Income taxes paid |
IncomeTaxesPaid
|
$14.82M | USD | 1 Quarter |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-7.35M | USD | 1 Quarter |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$134.22M | USD | 1 Quarter |
| Acquisition of businesses, net of cash acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$-8.04M | USD | 1 Quarter |
| Acquisition of businesses, net of cash acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$8.78M | USD | 1 Quarter |
| Acquisition of trademark |
PaymentsToAcquireIntangibleAssets
|
$1.52M | USD | 1 Quarter |
| Acquisition of trademark |
PaymentsToAcquireIntangibleAssets
|
- | USD | 1 Quarter |
| Expenditures for property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$3.69M | USD | 1 Quarter |
| Expenditures for property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$5.14M | USD | 1 Quarter |
| Software and software development costs |
PaymentsForSoftware
|
$4.04M | USD | 1 Quarter |
| Software and software development costs |
PaymentsForSoftware
|
$9.12M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-1.21M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-23.04M | USD | 1 Quarter |
| Proceeds from the reissuance of treasury stock |
ProceedsFromSaleOfTreasuryStock
|
$2.71M | USD | 1 Quarter |
| Proceeds from the reissuance of treasury stock |
ProceedsFromSaleOfTreasuryStock
|
$1.14M | USD | 1 Quarter |
| Cash paid for purchase of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
$37.55M | USD | 1 Quarter |
| Cash paid for purchase of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
- | USD | 1 Quarter |
| Return of capital to joint venture partner |
PaymentToReturnCapitalToJointVenturePartner
|
- | USD | 1 Quarter |
| Return of capital to joint venture partner |
PaymentToReturnCapitalToJointVenturePartner
|
$-4.65M | USD | 1 Quarter |
| Acquisition earn-out payment |
PaymentsForAcquisitionEarnOut
|
- | USD | 1 Quarter |
| Acquisition earn-out payment |
PaymentsForAcquisitionEarnOut
|
$6.18M | USD | 1 Quarter |
| Net repayments on revolving credit loans |
ProceedsFromRepaymentsOfLinesOfCredit
|
$-133.31M | USD | 1 Quarter |
| Net repayments on revolving credit loans |
ProceedsFromRepaymentsOfLinesOfCredit
|
$-17.37M | USD | 1 Quarter |
| Principal payments on long-term debt |
RepaymentsOfLongTermDebt
|
$130.00K | USD | 1 Quarter |
| Principal payments on long-term debt |
RepaymentsOfLongTermDebt
|
$127.00K | USD | 1 Quarter |
| Excess tax benefit from stock-based compensation |
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
$684.00K | USD | 1 Quarter |
| Excess tax benefit from stock-based compensation |
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
$4.50M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-52.48M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-137.80M | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-9.25M | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$6.14M | USD | 1 Quarter |
| Net decrease in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-14.04M | USD | 1 Quarter |
| Net decrease in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-76.73M | USD | 1 Quarter |
| Cash and cash equivalents at beginning of year |
CashAndCashEquivalentsAtCarryingValue
|
$409.53M | USD | Point-in-time |
| Cash and cash equivalents at beginning of year |
CashAndCashEquivalentsAtCarryingValue
|
$340.56M | USD | Point-in-time |
| Cash and cash equivalents at beginning of year |
CashAndCashEquivalentsAtCarryingValue
|
$326.53M | USD | Point-in-time |
| Cash and cash equivalents at beginning of year |
CashAndCashEquivalentsAtCarryingValue
|
$486.26M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$409.53M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$340.56M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$326.53M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$486.26M | USD | Point-in-time |
| Net income attributable to shareholders of Tech Data Corporation |
NetIncomeLoss
|
$54.18M | USD | 1 Quarter |
| Net income attributable to shareholders of Tech Data Corporation |
NetIncomeLoss
|
$17.76M | USD | 1 Quarter |
| Net income attributable to noncontrolling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$1.83M | USD | 1 Quarter |
| Net income attributable to noncontrolling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
- | USD | 1 Quarter |
| Consolidated net income |
ProfitLoss
|
$17.76M | USD | 1 Quarter |
| Consolidated net income |
ProfitLoss
|
$56.01M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$17.97M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$13.40M | USD | 1 Quarter |
| Provision for losses on accounts receivable |
ProvisionForDoubtfulAccounts
|
$406.00K | USD | 1 Quarter |
| Provision for losses on accounts receivable |
ProvisionForDoubtfulAccounts
|
$1.47M | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$2.94M | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$3.09M | USD | 1 Quarter |
| Accretion of debt discount on Senior Notes |
AmortizationOfDebtDiscountPremium
|
- | USD | 1 Quarter |
| Accretion of debt discount on Senior Notes |
AmortizationOfDebtDiscountPremium
|
$66.00K | USD | 1 Quarter |
| Excess tax benefits from stock-based compensation |
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
$4.50M | USD | 1 Quarter |
| Excess tax benefits from stock-based compensation |
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
$684.00K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-400.53M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-218.75M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$-32.91M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$117.86M | USD | 1 Quarter |
| Prepaid expenses and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-123.94M | USD | 1 Quarter |
| Prepaid expenses and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-31.83M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-128.35M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-399.97M | USD | 1 Quarter |
| Accrued expenses and other liabilities |
IncreaseDecreaseInAccruedLiabilities
|
$-79.97M | USD | 1 Quarter |
| Accrued expenses and other liabilities |
IncreaseDecreaseInAccruedLiabilities
|
$-62.85M | USD | 1 Quarter |
| Total adjustments |
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
$-63.36M | USD | 1 Quarter |
| Total adjustments |
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
$116.46M | USD | 1 Quarter |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-7.35M | USD | 1 Quarter |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$134.22M | USD | 1 Quarter |
Comprehensive Income
10 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Consolidated net income |
ProfitLoss
|
$17.76M | USD | 1 Quarter |
| Consolidated net income |
ProfitLoss
|
$56.01M | USD | 1 Quarter |
| Foreign currency translation adjustment |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$27.17M | USD | 1 Quarter |
| Foreign currency translation adjustment |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-47.61M | USD | 1 Quarter |
| Total comprehensive (loss) income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$83.18M | USD | 1 Quarter |
| Total comprehensive (loss) income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$-29.85M | USD | 1 Quarter |
| Comprehensive income attributable to noncontrolling interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
- | USD | 1 Quarter |
| Comprehensive income attributable to noncontrolling interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$2.18M | USD | 1 Quarter |
| Comprehensive (loss) income attributable to shareholders of Tech Data Corporation |
ComprehensiveIncomeNetOfTax
|
$-29.85M | USD | 1 Quarter |
| Comprehensive (loss) income attributable to shareholders of Tech Data Corporation |
ComprehensiveIncomeNetOfTax
|
$81.00M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.