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10-Q Filing

TECH DATA CORP CIK: 790703 Q1 2018
Filing Information
Form Type 10-Q
Accession Number 0000790703-18-000017
Period End Date 20180430
Filing Date 20180607
Fiscal Year 2018
Fiscal Period Q1
XBRL Instance tecd-20180430.xml
Filing Contents
Balance Sheet 60 line items
Line Item Tag Value Unit Period
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
Common stock, shares authorized CommonStockSharesAuthorized 200.00M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $345.58M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $2.13B USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 59.25M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $861.54M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 59.25M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $955.63M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $5.25B USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $6.04B USD Point-in-time
Treasury stock, shares TreasuryStockShares 20.93M shares Point-in-time
Treasury stock, shares TreasuryStockShares 21.08M shares Point-in-time
Inventories InventoryNet $2.97B USD Point-in-time
Inventories InventoryNet $2.92B USD Point-in-time
Prepaid expenses and other assets PrepaidExpenseAndOtherAssetsCurrent $418.18M USD Point-in-time
Prepaid expenses and other assets PrepaidExpenseAndOtherAssetsCurrent $403.55M USD Point-in-time
Total current assets AssetsCurrent $8.93B USD Point-in-time
Total current assets AssetsCurrent $10.36B USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $270.74M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $279.09M USD Point-in-time
Goodwill Goodwill $958.19M USD Point-in-time
Goodwill Goodwill $969.17M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $1.05B USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $1.09B USD Point-in-time
Other assets, net OtherAssetsNoncurrent $208.06M USD Point-in-time
Other assets, net OtherAssetsNoncurrent $224.91M USD Point-in-time
Total assets Assets $11.42B USD Point-in-time
Total assets Assets $12.92B USD Point-in-time
Accounts payable AccountsPayableCurrent $6.96B USD Point-in-time
Accounts payable AccountsPayableCurrent $5.70B USD Point-in-time
Accrued expenses and other liabilities AccruedLiabilitiesCurrent $1.01B USD Point-in-time
Accrued expenses and other liabilities AccruedLiabilitiesCurrent $1.17B USD Point-in-time
Revolving credit loans and current maturities of long-term debt, net DebtCurrent $132.66M USD Point-in-time
Revolving credit loans and current maturities of long-term debt, net DebtCurrent $114.42M USD Point-in-time
Total current liabilities LiabilitiesCurrent $8.26B USD Point-in-time
Total current liabilities LiabilitiesCurrent $6.83B USD Point-in-time
Long-term debt, less current maturities LongTermDebtAndCapitalLeaseObligations $1.51B USD Point-in-time
Long-term debt, less current maturities LongTermDebtAndCapitalLeaseObligations $1.51B USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $228.78M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $216.95M USD Point-in-time
Total liabilities Liabilities $8.55B USD Point-in-time
Total liabilities Liabilities $10.00B 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; 59,245,585 shares issued at April 30, 2018 and January 31, 2018 CommonStockValue $89.00K USD Point-in-time
Common stock, par value $.0015; 200,000,000 shares authorized; 59,245,585 shares issued at April 30, 2018 and January 31, 2018 CommonStockValue $89.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $822.12M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $827.30M USD Point-in-time
Treasury stock, at cost (20,927,954 and 21,083,972 shares at April 30, 2018 and January 31, 2018) TreasuryStockValue $933.17M USD Point-in-time
Treasury stock, at cost (20,927,954 and 21,083,972 shares at April 30, 2018 and January 31, 2018) TreasuryStockValue $940.12M USD Point-in-time
Retained earnings RetainedEarningsUnappropriated $2.78B USD Point-in-time
Retained earnings RetainedEarningsUnappropriated $2.75B USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $200.04M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $288.29M USD Point-in-time
Total shareholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.87B USD Point-in-time
Total shareholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.92B USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $12.92B USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $11.42B USD Point-in-time
Income Statement 42 line items
Line Item Tag Value Unit Period
Net sales SalesRevenueNet $8.09B USD 1 Quarter
Net sales SalesRevenueNet $10.03B USD 1 Quarter
Net sales SalesRevenueNet $8.45B USD 1 Quarter
Net sales SalesRevenueNet $8.55B USD 1 Quarter
Net sales SalesRevenueNet $33.60B USD Annual
Net sales SalesRevenueNet $7.02B USD 1 Quarter
Cost of products sold CostOfGoodsSold $31.48B USD Annual
Cost of products sold CostOfGoodsSold $7.92B USD 1 Quarter
Cost of products sold CostOfGoodsSold $8.03B USD 1 Quarter
Cost of products sold CostOfGoodsSold $7.58B USD 1 Quarter
Cost of products sold CostOfGoodsSold $9.42B USD 1 Quarter
Cost of products sold CostOfGoodsSold $6.57B USD 1 Quarter
Gross profit GrossProfit $523.12M USD 1 Quarter
Gross profit GrossProfit $457.09M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $352.63M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $422.36M USD 1 Quarter
Acquisition, integration and restructuring expenses BusinessCombinationAcquisitionRelatedCosts $33.23M USD 1 Quarter
Acquisition, integration and restructuring expenses BusinessCombinationAcquisitionRelatedCosts $42.07M USD 1 Quarter
LCD settlements and other, net GainLossRelatedToLitigationSettlement $12.69M USD 1 Quarter
LCD settlements and other, net GainLossRelatedToLitigationSettlement $2.96M USD 1 Quarter
Operating expenses OperatingExpenses $382.01M USD 1 Quarter
Operating expenses OperatingExpenses $452.62M USD 1 Quarter
Operating income OperatingIncomeLoss $70.50M USD 1 Quarter
Operating income OperatingIncomeLoss $75.08M USD 1 Quarter
Interest expense InterestExpense $31.01M USD 1 Quarter
Interest expense InterestExpense $25.92M USD 1 Quarter
Other expense (income), net OtherNonoperatingIncomeExpense $-1.92M USD 1 Quarter
Other expense (income), net OtherNonoperatingIncomeExpense $415.00K USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $42.66M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $44.48M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $13.83M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $8.96M USD 1 Quarter
Net income ProfitLoss $30.65M USD 1 Quarter
Net income ProfitLoss $33.70M USD 1 Quarter
Basic EarningsPerShareBasic $0.88 USD 1 Quarter
Basic EarningsPerShareBasic $0.82 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.82 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.87 USD 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 38.28M shares 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 37.25M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 38.56M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 37.47M shares 1 Quarter
Cash Flow Statement 72 line items
Line Item Tag Value Unit Period
Cash received from customers ProceedsFromCustomers $9.50B USD 1 Quarter
Cash received from customers ProceedsFromCustomers $11.51B USD 1 Quarter
Cash paid to vendors and employees PaymentsToSuppliersAndEmployees $9.24B USD 1 Quarter
Cash paid to vendors and employees PaymentsToSuppliersAndEmployees $12.04B USD 1 Quarter
Interest paid, net InterestPaidNet $33.76M USD 1 Quarter
Interest paid, net InterestPaidNet $19.46M USD 1 Quarter
Income taxes paid IncomeTaxesPaid $19.50M USD 1 Quarter
Income taxes paid IncomeTaxesPaid $8.83M USD 1 Quarter
Net cash (used in) provided by operating activities NetCashProvidedByUsedInOperatingActivities $225.36M USD 1 Quarter
Net cash (used in) provided by operating activities NetCashProvidedByUsedInOperatingActivities $-566.62M USD 1 Quarter
Acquisition of business, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired - USD 1 Quarter
Acquisition of business, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $2.25B USD 1 Quarter
Expenditures for property and equipment PaymentsToAcquirePropertyPlantAndEquipment $4.89M USD 1 Quarter
Expenditures for property and equipment PaymentsToAcquirePropertyPlantAndEquipment $4.37M USD 1 Quarter
Software and software development costs PaymentsForSoftware $26.07M USD 1 Quarter
Software and software development costs PaymentsForSoftware $3.56M USD 1 Quarter
Other PaymentsForProceedsFromOtherInvestingActivities $267.00K USD 1 Quarter
Other PaymentsForProceedsFromOtherInvestingActivities $1.00M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-2.28B USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-8.72M USD 1 Quarter
Borrowings on long-term debt ProceedsFromIssuanceOfLongTermDebt $1.01B USD 1 Quarter
Borrowings on long-term debt ProceedsFromIssuanceOfLongTermDebt - USD 1 Quarter
Principal payments on long-term debt RepaymentsOfLongTermDebtAndCapitalSecurities $200.00M USD 1 Quarter
Principal payments on long-term debt RepaymentsOfLongTermDebtAndCapitalSecurities $2.90M USD 1 Quarter
Cash paid for debt issuance costs PaymentsOfDebtIssuanceCosts - USD 1 Quarter
Cash paid for debt issuance costs PaymentsOfDebtIssuanceCosts $5.12M USD 1 Quarter
Net repayments on revolving credit loans ProceedsFromRepaymentsOfLinesOfCredit $-7.59M USD 1 Quarter
Net repayments on revolving credit loans ProceedsFromRepaymentsOfLinesOfCredit $-13.29M USD 1 Quarter
Payments for employee tax withholdings on equity awards PaymentsRelatedToTaxWithholdingForShareBasedCompensation $5.50M USD 1 Quarter
Payments for employee tax withholdings on equity awards PaymentsRelatedToTaxWithholdingForShareBasedCompensation $6.25M USD 1 Quarter
Proceeds from the reissuance of treasury stock ProceedsFromSaleOfTreasuryStock $442.00K USD 1 Quarter
Proceeds from the reissuance of treasury stock ProceedsFromSaleOfTreasuryStock $389.00K USD 1 Quarter
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $790.33M USD 1 Quarter
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $-22.00M USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $-12.71M USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $1.67M USD 1 Quarter
Net decrease in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-610.05M USD 1 Quarter
Net decrease in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-1.26B USD 1 Quarter
Cash and cash equivalents at beginning of year CashAndCashEquivalentsAtCarryingValue $345.58M USD Point-in-time
Cash and cash equivalents at beginning of year CashAndCashEquivalentsAtCarryingValue $2.13B USD Point-in-time
Cash and cash equivalents at beginning of year CashAndCashEquivalentsAtCarryingValue $861.54M USD Point-in-time
Cash and cash equivalents at beginning of year CashAndCashEquivalentsAtCarryingValue $955.63M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $345.58M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $2.13B USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $861.54M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $955.63M USD Point-in-time
Net income ProfitLoss $30.65M USD 1 Quarter
Net income ProfitLoss $33.70M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $40.48M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $31.68M USD 1 Quarter
Provision for losses on accounts receivable ProvisionForDoubtfulAccounts $3.91M USD 1 Quarter
Provision for losses on accounts receivable ProvisionForDoubtfulAccounts $924.00K USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $4.92M USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $7.59M USD 1 Quarter
Accretion of debt discount and debt issuance costs AmortizationOfFinancingCostsAndDiscounts $378.00K USD 1 Quarter
Accretion of debt discount and debt issuance costs AmortizationOfFinancingCostsAndDiscounts $587.00K USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $-390.93M USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $-670.53M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $7.39M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $239.56M USD 1 Quarter
Prepaid expenses and other assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $30.34M USD 1 Quarter
Prepaid expenses and other assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $60.24M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $65.49M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-1.13B USD 1 Quarter
Accrued expenses and other liabilities IncreaseDecreaseInAccruedLiabilities $-3.01M USD 1 Quarter
Accrued expenses and other liabilities IncreaseDecreaseInAccruedLiabilities $-150.47M USD 1 Quarter
Total adjustments AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities $194.70M USD 1 Quarter
Total adjustments AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities $-600.32M USD 1 Quarter
Net cash (used in) provided by operating activities NetCashProvidedByUsedInOperatingActivities $225.36M USD 1 Quarter
Net cash (used in) provided by operating activities NetCashProvidedByUsedInOperatingActivities $-566.62M USD 1 Quarter
Issuance of stock to acquire business StockIssued1 - USD 1 Quarter
Issuance of stock to acquire business StockIssued1 $247.23M USD 1 Quarter
Comprehensive Income 6 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $30.65M USD 1 Quarter
Net income ProfitLoss $33.70M USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-88.25M USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $33.66M USD 1 Quarter
Total comprehensive (loss) income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $64.32M USD 1 Quarter
Total comprehensive (loss) income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-54.55M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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