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Catamaran Corp (CTRX)

Cash Flow Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-14Dec-31-13Dec-31-12Dec-31-11Dec-31-10Dec-31-09Dec-31-08Dec-31-07
   10-K10-K10-K10-K10-K10-K10-K10-K
Cash flows from operating activities:          
    Net income  373.7298.7121.091.864.7   
    Items not involving cash:          
        Stock-based compensation  33.625.617.79.45.93.7  
        Depreciation of property and equipment  63.542.220.29.58.48.0  
        Amortization of intangible assets  213.2203.2130.116.47.99.7  
        Deferred lease inducements and rent  5.528.13.10.8-0.5-0.6  
        Deferred income taxes  -58.0-44.3-37.9-5.93.3-0.3  
        Tax benefit on option exercises  -3.5-9.7-19.4-10.8-13.1-4.5  
        Deferred financing cost amortization  9.69.15.0     
        Changes in operating assets and liabilities, net of effects from acquisitions:          
            Accounts receivable  -294.7-217.5-134.3-110.5-9.5-16.7  
            Rebates receivable  -558.13.0-41.05.3-16.612.0  
            Other current assets  -44.6-25.382.810.210.20.0  
            Accounts payable  150.0149.470.694.825.11.6  
            Accrued expenses and other current liabilities  72.6-43.71.7     
            Rebates payable  611.539.660.9     
            Other long-term assets and liabilities  16.117.0-30.9-1.11.01.6  
                Net cash provided by operating activities  590.2475.4249.794.796.386.4  
   
Cash flows from investing activities:          
    Acquisition, net of cash acquired  -2.0-388.9-1,565.7-79.8-99.2-2.2  
    Purchases of property and equipment  -78.1-128.8-40.2-9.7-9.1-9.0  
        Net cash used by investing activities  -60.1-497.7-1,605.9-89.5-103.7-15.8  
   
Cash flows from financing activities:          
    Proceeds from issuance of debt  492.5450.01,475.4     
    Repayment of long-term debt  -337.5-362.5-617.0  -47.6  
    Payment of financing costs  -2.0-2.3-18.8-1.6    
    Proceeds from exercise of options  5.63.07.85.711.06.3  
    Tax benefit on option exercises  3.59.719.410.813.14.5  
    Distributions to non-controlling interest  -52.3-36.3      
    Other  -0.4 -0.3     
        Net cash (used) provided by financing activities  94.638.81,385.614.924.1166.2  
Effect of foreign exchange on cash balances  0.0-0.10.00.00.2-0.1  
    Change in cash and cash equivalents  624.716.529.420.116.9236.7  
Cash and cash equivalents, beginning of period  387.2370.8341.4321.3304.467.7  
Cash and cash equivalents, end of period  1,012.0387.2370.8341.4321.3304.4  

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