XML 93 R7.htm IDEA: XBRL DOCUMENT v3.19.1
Consolidated Statement Of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jan. 31, 2019
Jan. 31, 2018
Jan. 31, 2017
Cash flows from operating activities:      
Cash received from customers $ 47,836,136 $ 42,981,601 $ 29,427,357
Cash paid to vendors and employees (47,263,258) (41,668,923) (28,663,998)
Interest paid, net (97,293) (86,544) (22,020)
Income taxes paid (95,450) (131,632) (84,272)
Net cash provided by operating activities 380,135 1,094,502 657,067
Cash flows from investing activities:      
Proceeds from sale of subsidiaries 8,985 0 0
Acquisition of businesses, net of cash acquired (124,223) (2,249,849) (2,916)
Expenditures for property and equipment (40,995) (192,235) (24,971)
Software and software development costs (20,419) (39,702) (14,364)
Other 4,943 2,567 (224)
Net cash used in investing activities (171,709) (2,479,219) (42,475)
Cash flows from financing activities:      
Borrowings on long-term debt 0 1,008,148 998,405
Principal payments on long-term debt (208,591) (861,394) 0
Cash paid for debt issuance costs 0 (6,348) (21,581)
Net repayments on revolving credit loans (11,288) (16,028) 3,417
Payments for employee withholdings on equity awards (7,102) (6,027) (4,479)
Proceeds from the reissuance of treasury stock 1,771 1,543 733
Repurchases of common stock (107,025) 0 0
Net cash (used in) provided by financing activities (332,235) 119,894 976,495
Effect of exchange rate changes on cash and cash equivalents (32,696) 94,860 3,335
Net (decrease) increase in cash and cash equivalents (156,505) (1,169,963) 1,594,422
Cash and cash equivalents at beginning of year 955,628 2,125,591 531,169
Cash and cash equivalents at end of year 799,123 955,628 2,125,591
Reconciliation of net income to net cash provided by operating activities:      
Net income 340,580 116,641 195,095
Adjustments to reconcile net income to net cash provided by operating activities:      
Goodwill Impairment 47,434 0 0
Gain on disposal of subsidiary (6,746) 0 0
Depreciation and amortization 158,997 150,046 54,437
Provision for losses on accounts receivable 9,903 19,788 4,680
Stock-based compensation expense 31,513 29,381 13,947
Accretion of debt discount and debt issuance costs 1,512 3,326 835
Deferred income taxes (12,482) (4,261) (11,002)
Changes in operating assets and liabilities, net of acquisitions and disposition:      
Accounts receivable (512,385) (632,809) (117,788)
Inventories (480,001) (466,445) (27,478)
Prepaid expenses and other assets 15,910 (6,748) 57,978
Accounts payable 852,369 1,704,305 474,059
Accrued expenses and other liabilities (66,469) 181,278 12,304
Total adjustments 39,555 977,861 461,972
Net cash provided by operating activities 380,135 1,094,502 657,067
Stock Issued $ 0 $ 247,232 $ 0