10-Q Filing

SCANSOURCE, INC. CIK: 918965 Q3 2011

Filing Information

Form Type	10-Q
Accession Number	`0001193125-11-130596`
Period End Date	20110331
Filing Date	20110506
Fiscal Year	2011
Fiscal Period	Q3
XBRL Instance	scsc-20110331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 68 Income Statement 60 Cash Flow Statement 55

Balance Sheet 68 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$127.66M	USD	Point-in-time
Allowance for accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$21.91M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$34.60M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$29.68M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$31.18M	USD	Point-in-time
Allowance for accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$21.61M	USD	Point-in-time
Accounts receivable, less allowance of $21,613 at March 31, 2011 and $21,907 at June 30, 2010	`AccountsReceivableNetCurrent`	$383.63M	USD	Point-in-time
Accounts receivable, less allowance of $21,613 at March 31, 2011 and $21,907 at June 30, 2010	`AccountsReceivableNetCurrent`	$357.75M	USD	Point-in-time
Inventories	`InventoryNet`	$346.61M	USD	Point-in-time
Preferred stock, par value	`PreferredStockNoParValue`	-	USD	Point-in-time
Inventories	`InventoryNet`	$401.24M	USD	Point-in-time
Preferred stock, par value	`PreferredStockNoParValue`	-	USD	Point-in-time
Prepaid expenses and other assets	`OtherAssetsCurrent`	$16.76M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	3.00M	shares	Point-in-time
Prepaid expenses and other assets	`OtherAssetsCurrent`	$28.80M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	3.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$12.15M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$12.07M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$857.00M	USD	Point-in-time
Common stock, par value	`CommonStockNoParValue`	-	USD	Point-in-time
Common stock, par value	`CommonStockNoParValue`	-	USD	Point-in-time
Total current assets	`AssetsCurrent`	$767.79M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	45.00M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$23.53M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$31.32M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	45.00M	shares	Point-in-time
Goodwill	`Goodwill`	$34.47M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	26.70M	shares	Point-in-time
Goodwill	`Goodwill`	$33.78M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	26.99M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	26.70M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	26.99M	shares	Point-in-time
Other assets, including identifiable intangible assets	`OtherAssetsNoncurrent`	$34.65M	USD	Point-in-time
Other assets, including identifiable intangible assets	`OtherAssetsNoncurrent`	$42.67M	USD	Point-in-time
Total assets	`Assets`	$859.75M	USD	Point-in-time
Total assets	`Assets`	$965.46M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	-	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	-	USD	Point-in-time
Short-term borrowings	`ShortTermBorrowings`	$2.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$287.86M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$291.30M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesCurrent`	$49.24M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesCurrent`	$35.03M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$7.95M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$7.29M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$349.82M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$330.84M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$30.43M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$30.43M	USD	Point-in-time
Borrowings under revolving credit facility	`LongTermLineOfCredit`	$2.12M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$21.02M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$11.63M	USD	Point-in-time
Total liabilities	`Liabilities`	$372.90M	USD	Point-in-time
Total liabilities	`Liabilities`	$403.38M	USD	Point-in-time
Preferred stock, no par value; 3,000,000 shares authorized, none issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, no par value; 3,000,000 shares authorized, none issued	`PreferredStockValue`	-	USD	Point-in-time
Common stock, no par value; 45,000,000 shares authorized, 26,986,948 and 26,703,038 shares issued and outstanding at March 31, 2011 and June 30, 2010, respectively	`CommonStockValue`	$111.95M	USD	Point-in-time
Common stock, no par value; 45,000,000 shares authorized, 26,986,948 and 26,703,038 shares issued and outstanding at March 31, 2011 and June 30, 2010, respectively	`CommonStockValue`	$120.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$386.63M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$440.50M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.58M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-11.73M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$486.85M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$562.07M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$965.46M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$859.75M	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$1.93B	USD	3 Qtrs
Net sales	`SalesRevenueNet`	$613.47M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$496.10M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$1.53B	USD	3 Qtrs
Cost of goods sold	`CostOfRevenue`	$547.64M	USD	1 Quarter
Cost of goods sold	`CostOfRevenue`	$1.73B	USD	3 Qtrs
Cost of goods sold	`CostOfRevenue`	$1.37B	USD	3 Qtrs
Cost of goods sold	`CostOfRevenue`	$441.71M	USD	1 Quarter
Gross profit	`GrossProfit`	$65.83M	USD	1 Quarter
Gross profit	`GrossProfit`	$199.94M	USD	3 Qtrs
Gross profit	`GrossProfit`	$162.10M	USD	3 Qtrs
Gross profit	`GrossProfit`	$54.39M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$116.07M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$40.35M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$35.41M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$107.31M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$25.48M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$18.98M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$54.79M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$83.87M	USD	3 Qtrs
Interest expense	`InterestExpense`	$377.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$1.11M	USD	3 Qtrs
Interest expense	`InterestExpense`	$429.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$1.18M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$474.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$313.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.16M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$918.00K	USD	3 Qtrs
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-99.00K	USD	3 Qtrs
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-492.00K	USD	3 Qtrs
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-300.00K	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-156.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$18.92M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$83.11M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$54.75M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$25.06M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$8.53M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$29.25M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$19.98M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$6.90M	USD	1 Quarter
Net income	`NetIncomeLoss`	$53.86M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$12.01M	USD	1 Quarter
Net income	`NetIncomeLoss`	$16.53M	USD	1 Quarter
Net income	`NetIncomeLoss`	$34.76M	USD	3 Qtrs
Net income per common share, basic	`EarningsPerShareBasic`	$0.45	USD	1 Quarter
Net income per common share, basic	`EarningsPerShareBasic`	$2.01	USD	3 Qtrs
Net income per common share, basic	`EarningsPerShareBasic`	$0.61	USD	1 Quarter
Net income per common share, basic	`EarningsPerShareBasic`	$1.31	USD	3 Qtrs
Weighted-average shares outstanding, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	26,938.00	shares	1 Quarter
Weighted-average shares outstanding, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	26,583.00	shares	3 Qtrs
Weighted-average shares outstanding, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	26,608.00	shares	1 Quarter
Weighted-average shares outstanding, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	26,811.00	shares	3 Qtrs
Net income per common share, diluted	`EarningsPerShareDiluted`	$1.98	USD	3 Qtrs
Net income per common share, diluted	`EarningsPerShareDiluted`	$0.60	USD	1 Quarter
Net income per common share, diluted	`EarningsPerShareDiluted`	$1.30	USD	3 Qtrs
Net income per common share, diluted	`EarningsPerShareDiluted`	$0.45	USD	1 Quarter
Weighted-average shares outstanding, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	27,182.00	shares	3 Qtrs
Weighted-average shares outstanding, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	27,413.00	shares	1 Quarter
Weighted-average shares outstanding, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	26,884.00	shares	1 Quarter
Weighted-average shares outstanding, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	26,844.00	shares	3 Qtrs

Cash Flow Statement 55 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$53.86M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$12.01M	USD	1 Quarter
Net income	`NetIncomeLoss`	$16.53M	USD	1 Quarter
Net income	`NetIncomeLoss`	$34.76M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$4.35M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$4.54M	USD	3 Qtrs
Allowance for accounts and notes receivable	`ProvisionForDoubtfulAccounts`	$5.44M	USD	3 Qtrs
Allowance for accounts and notes receivable	`ProvisionForDoubtfulAccounts`	$9.88M	USD	3 Qtrs
Share-based compensation and restricted stock	`ShareBasedCompensation`	$4.38M	USD	3 Qtrs
Share-based compensation and restricted stock	`ShareBasedCompensation`	$3.46M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$70.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$1.05M	USD	3 Qtrs
Excess tax benefits from share-based payment arrangements	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$65.00K	USD	3 Qtrs
Excess tax benefits from share-based payment arrangements	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$-444.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$40.73M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$19.02M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$94.54M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$45.71M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$14.89M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.54M	USD	3 Qtrs
Other noncurrent assets	`IncreaseDecreaseInOtherOperatingAssets`	$2.93M	USD	3 Qtrs
Other noncurrent assets	`IncreaseDecreaseInOtherOperatingAssets`	$8.77M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-7.09M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.97M	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$7.82M	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$22.41M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-1.23M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$672.00K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-84.78M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.55M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$10.20M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$3.75M	USD	3 Qtrs
Cash paid for business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$10.23M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-13.98M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-10.20M	USD	3 Qtrs
Increases in short-term borrowings, net	`ProceedsFromRepaymentsOfShortTermDebt`	$1.83M	USD	3 Qtrs
Borrowings on revolving credit, net	`ProceedsFromLongTermLinesOfCredit`	$1.26M	USD	3 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$4.88M	USD	3 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$805.00K	USD	3 Qtrs
Excess tax benefits from share-based payment arrangements	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$65.00K	USD	3 Qtrs
Excess tax benefits from share-based payment arrangements	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$-444.00K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$7.52M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$870.00K	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$801.00K	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-100.00K	USD	3 Qtrs
Decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-97.99M	USD	3 Qtrs
Decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-3.42M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$127.66M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$34.60M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$29.68M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$31.18M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$127.66M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$34.60M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$29.68M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$31.18M	USD	Point-in-time

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