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10-Q Filing

TECH DATA CORP CIK: 790703 Q1 2013
Filing Information
Form Type 10-Q
Accession Number 0001193125-12-253925
Period End Date 20120430
Filing Date 20120531
Fiscal Year 2013
Fiscal Period Q1
XBRL Instance tecd-20120430.xml
Filing Contents
Balance Sheet 61 line items
Line Item Tag Value Unit Period
Accounts receivable, allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $52.71M USD Point-in-time
Accounts receivable, allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $51.90M 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 $763.73M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $692.10M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $447.04M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $505.18M USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 200.00M shares Point-in-time
Accounts receivable, less allowance for doubtful accounts of $51,895 and $52,713 AccountsReceivableNetCurrent $2.87B USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 59.24M shares Point-in-time
Accounts receivable, less allowance for doubtful accounts of $51,895 and $52,713 AccountsReceivableNetCurrent $2.66B USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 59.24M shares Point-in-time
Treasury stock, shares TreasuryStockShares 18.56M shares Point-in-time
Treasury stock, shares TreasuryStockShares 18.17M shares Point-in-time
Inventories InventoryNet $1.80B USD Point-in-time
Inventories InventoryNet $1.95B USD Point-in-time
Prepaid expenses and other assets PrepaidExpenseAndOtherAssetsCurrent $202.50M USD Point-in-time
Prepaid expenses and other assets PrepaidExpenseAndOtherAssetsCurrent $184.93M USD Point-in-time
Total current assets AssetsCurrent $5.24B USD Point-in-time
Total current assets AssetsCurrent $5.38B USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $88.59M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $88.25M USD Point-in-time
Other assets, net OtherAssetsNoncurrent $314.92M USD Point-in-time
Other assets, net OtherAssetsNoncurrent $318.66M USD Point-in-time
Total assets Assets $5.64B USD Point-in-time
Total assets Assets $5.79B USD Point-in-time
Total assets Assets $6.48B USD Point-in-time
Accounts payable AccountsPayableCurrent $2.95B USD Point-in-time
Accounts payable AccountsPayableCurrent $3.04B USD Point-in-time
Accrued expenses and other liabilities AccruedLiabilitiesCurrent $483.06M USD Point-in-time
Accrued expenses and other liabilities AccruedLiabilitiesCurrent $551.28M USD Point-in-time
Revolving credit loans and current maturities of long-term debt DebtCurrent $30.93M USD Point-in-time
Revolving credit loans and current maturities of long-term debt DebtCurrent $48.49M USD Point-in-time
Total current liabilities LiabilitiesCurrent $3.64B USD Point-in-time
Total current liabilities LiabilitiesCurrent $3.47B USD Point-in-time
Long-term debt, less current maturities LongTermDebtNoncurrent $57.82M USD Point-in-time
Long-term debt, less current maturities LongTermDebtNoncurrent $57.25M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $83.44M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $82.41M USD Point-in-time
Total liabilities Liabilities $3.61B USD Point-in-time
Total liabilities Liabilities $3.78B USD Point-in-time
Common stock, par value $.0015; 200,000,000 shares authorized; 59,239,085 shares issued at April 30, 2012 and January 31, 2012 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, 2012 and January 31, 2012 CommonStockValue $89.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $769.83M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $750.88M USD Point-in-time
Treasury stock, at cost 18,561,895 shares at April 30, 2012 and 18,166,761 shares at January 31, 2012 TreasuryStockValue $739.61M USD Point-in-time
Treasury stock, at cost 18,561,895 shares at April 30, 2012 and 18,166,761 shares at January 31, 2012 TreasuryStockValue $766.56M USD Point-in-time
Retained earnings RetainedEarningsUnappropriated $1.71B USD Point-in-time
Retained earnings RetainedEarningsUnappropriated $1.66B USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $283.75M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $311.40M USD Point-in-time
Equity attributable to shareholders of Tech Data Corporation StockholdersEquity $2.01B USD Point-in-time
Equity attributable to shareholders of Tech Data Corporation StockholdersEquity $1.97B USD Point-in-time
Noncontrolling interest MinorityInterest $28.32M USD Point-in-time
Noncontrolling interest MinorityInterest $30.51M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.04B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.00B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $5.64B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $5.79B USD Point-in-time
Income Statement 32 line items
Line Item Tag Value Unit Period
Net sales SalesRevenueNet $5.90B USD 1 Quarter
Net sales SalesRevenueNet $6.33B USD 1 Quarter
Cost of products sold CostOfGoodsSold $6.00B USD 1 Quarter
Cost of products sold CostOfGoodsSold $5.58B USD 1 Quarter
Gross profit GrossProfit $333.46M USD 1 Quarter
Gross profit GrossProfit $320.22M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $257.78M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $239.32M USD 1 Quarter
Operating income OperatingIncomeLoss $80.89M USD 1 Quarter
Operating income OperatingIncomeLoss $75.68M USD 1 Quarter
Interest expense InterestExpense $8.64M USD 1 Quarter
Interest expense InterestExpense $3.07M USD 1 Quarter
Other expense, net OtherNonoperatingIncomeExpense $-1.34M USD 1 Quarter
Other expense, net OtherNonoperatingIncomeExpense $-666.00K USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $66.38M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $76.48M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $17.66M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $22.95M USD 1 Quarter
Consolidated net income ProfitLoss $48.72M USD 1 Quarter
Consolidated net income ProfitLoss $53.53M USD 1 Quarter
Net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $-19.00K USD 1 Quarter
Net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $-1.83M USD 1 Quarter
Net income attributable to shareholders of Tech Data Corporation NetIncomeLoss $51.69M USD 1 Quarter
Net income attributable to shareholders of Tech Data Corporation NetIncomeLoss $48.70M USD 1 Quarter
Basic EarningsPerShareBasic $1.26 USD 1 Quarter
Basic EarningsPerShareBasic $1.04 USD 1 Quarter
Diluted EarningsPerShareDiluted $1.03 USD 1 Quarter
Diluted EarningsPerShareDiluted $1.24 USD 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 41.15M shares 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 46.67M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 47.39M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 41.60M shares 1 Quarter
Cash Flow Statement 74 line items
Line Item Tag Value Unit Period
Cash received from customers ProceedsFromCustomers $6.47B USD 1 Quarter
Cash received from customers ProceedsFromCustomers $6.15B USD 1 Quarter
Cash paid to vendors and employees PaymentsToSuppliersAndEmployees $6.10B USD 1 Quarter
Cash paid to vendors and employees PaymentsToSuppliersAndEmployees $6.51B USD 1 Quarter
Interest paid, net InterestPaidNet $3.15M USD 1 Quarter
Interest paid, net InterestPaidNet $2.97M USD 1 Quarter
Income taxes paid IncomeTaxesPaid $7.78M USD 1 Quarter
Income taxes paid IncomeTaxesPaid $33.12M USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $-53.47M USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $8.07M USD 1 Quarter
Acquisition of businesses, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $1.10M USD 1 Quarter
Acquisition of businesses, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $8.78M USD 1 Quarter
Expenditures for property and equipment PaymentsToAcquirePropertyPlantAndEquipment $2.36M USD 1 Quarter
Expenditures for property and equipment PaymentsToAcquirePropertyPlantAndEquipment $4.29M USD 1 Quarter
Software and software development costs PaymentsForSoftware $4.68M USD 1 Quarter
Software and software development costs PaymentsForSoftware $7.84M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-20.92M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-8.14M USD 1 Quarter
Proceeds from the reissuance of treasury stock ProceedsFromSaleOfTreasuryStock $27.47M USD 1 Quarter
Proceeds from the reissuance of treasury stock ProceedsFromSaleOfTreasuryStock $2.71M USD 1 Quarter
Cash paid for purchase of treasury stock PaymentsForRepurchaseOfCommonStock $51.29M USD 1 Quarter
Cash paid for purchase of treasury stock PaymentsForRepurchaseOfCommonStock $37.55M USD 1 Quarter
Return of capital to joint venture partner ProceedsFromContributionsFromAffiliates $-4.65M USD 1 Quarter
Return of capital to joint venture partner ProceedsFromContributionsFromAffiliates - USD 1 Quarter
Net repayments on revolving credit loans ProceedsFromRepaymentsOfLinesOfCredit $-23.44M USD 1 Quarter
Net repayments on revolving credit loans ProceedsFromRepaymentsOfLinesOfCredit $-17.37M USD 1 Quarter
Principal payments on long-term debt RepaymentsOfLongTermDebt $125.00K USD 1 Quarter
Principal payments on long-term debt RepaymentsOfLongTermDebt $127.00K USD 1 Quarter
Excess tax benefit from stock-based compensation ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $1.70M USD 1 Quarter
Excess tax benefit from stock-based compensation ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $4.50M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-45.68M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-52.48M USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $35.67M USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $7.19M USD 1 Quarter
Net decrease in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-71.63M USD 1 Quarter
Net decrease in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-58.14M USD 1 Quarter
Cash and cash equivalents at beginning of year CashAndCashEquivalentsAtCarryingValue $763.73M USD Point-in-time
Cash and cash equivalents at beginning of year CashAndCashEquivalentsAtCarryingValue $692.10M USD Point-in-time
Cash and cash equivalents at beginning of year CashAndCashEquivalentsAtCarryingValue $447.04M USD Point-in-time
Cash and cash equivalents at beginning of year CashAndCashEquivalentsAtCarryingValue $505.18M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $763.73M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $692.10M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $447.04M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $505.18M USD Point-in-time
Net income attributable to shareholders of Tech Data Corporation NetIncomeLoss $51.69M USD 1 Quarter
Net income attributable to shareholders of Tech Data Corporation NetIncomeLoss $48.70M USD 1 Quarter
Net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $-19.00K USD 1 Quarter
Net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $-1.83M USD 1 Quarter
Consolidated net income ProfitLoss $48.72M USD 1 Quarter
Consolidated net income ProfitLoss $53.53M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $13.40M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $14.76M USD 1 Quarter
Provision for losses on accounts receivable ProvisionForDoubtfulAccounts $356.00K USD 1 Quarter
Provision for losses on accounts receivable ProvisionForDoubtfulAccounts $1.41M USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $2.78M USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $2.47M USD 1 Quarter
Accretion of debt discount on convertible senior debentures AmortizationOfDebtDiscountPremium - USD 1 Quarter
Accretion of debt discount on convertible senior debentures AmortizationOfDebtDiscountPremium $2.57M USD 1 Quarter
Excess tax benefits from stock-based compensation ExcessTaxBenefitFromShareBasedCompensationOperatingActivities $1.70M USD 1 Quarter
Excess tax benefits from stock-based compensation ExcessTaxBenefitFromShareBasedCompensationOperatingActivities $4.50M USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $-128.64M USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $-251.25M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $129.32M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $-39.62M USD 1 Quarter
Prepaid expenses and other assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $-34.26M USD 1 Quarter
Prepaid expenses and other assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $18.90M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-201.43M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-125.63M USD 1 Quarter
Accrued expenses and other liabilities IncreaseDecreaseInAccruedLiabilities $-69.63M USD 1 Quarter
Accrued expenses and other liabilities IncreaseDecreaseInAccruedLiabilities $-88.05M USD 1 Quarter
Total adjustments AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities $-102.19M USD 1 Quarter
Total adjustments AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities $-45.46M USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $-53.47M USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $8.07M USD 1 Quarter
Comprehensive Income 10 line items
Line Item Tag Value Unit Period
Consolidated net income ProfitLoss $48.72M USD 1 Quarter
Consolidated net income ProfitLoss $53.53M USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease $132.85M USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease $28.00M USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $81.52M USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $181.57M USD 1 Quarter
Comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $2.18M USD 1 Quarter
Comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $1.97M USD 1 Quarter
Comprehensive income attributable to shareholders of Tech Data Corporation ComprehensiveIncomeNetOfTax $79.34M USD 1 Quarter
Comprehensive income attributable to shareholders of Tech Data Corporation ComprehensiveIncomeNetOfTax $179.59M USD 1 Quarter

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

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