XML 38 R6.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statement Of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Oct. 31, 2017
Oct. 31, 2016
Cash flows from operating activities:    
Cash received from customers $ 30,645,389 $ 21,076,446
Cash paid to vendors and employees (30,031,181) (20,776,017)
Interest paid, net (73,180) (18,982)
Income taxes paid (100,615) (69,960)
Net cash provided by operating activities 440,413 211,487
Cash flows from investing activities:    
Acquisition of businesses, net of cash acquired (2,249,642) (2,685)
Expenditures for property and equipment (179,114) (18,785)
Software and software development costs (34,865) (12,118)
Net cash used in investing activities (2,463,621) (33,588)
Cash flows from financing activities:    
Borrowings on long-term debt 1,008,148 0
Principal payments on long-term debt (565,952) 0
Cash paid for debt issuance costs (5,871) (14,988)
Net repayments on revolving credit loans (24,851) (1,476)
Payments for employee tax withholdings on equity awards (5,915) (4,385)
Proceeds from the reissuance of treasury stock 1,079 492
Net cash provided by (used in) financing activities 406,638 (20,357)
Effect of exchange rate changes on cash and cash equivalents 53,624 2,854
Net (decrease) increase in cash and cash equivalents (1,562,946) 160,396
Cash and cash equivalents at beginning of year 2,125,591 531,169
Cash and cash equivalents at end of period 562,645 691,565
Reconciliation of net income to net cash provided by operating activities:    
Net income 115,381 116,273
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 112,907 41,223
Provision for losses on accounts receivable 13,191 3,457
Stock-based compensation expense 21,217 11,020
Accretion of debt discount and debt issuance costs 1,692 626
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable 207,945 91,938
Inventories (415,623) (148,116)
Prepaid expenses and other assets 12,071 57,178
Accounts payable 471,819 109,404
Accrued expenses and other liabilities (100,187) (71,516)
Total adjustments 325,032 95,214
Net cash provided by operating activities 440,413 211,487
Supplemental schedule of non-cash investing activities:    
Issuance of stock to acquire business $ 247,232 $ 0