CDW Corp(NASDAQ:CDW)

CDW Corporation, headquartered in Lincolnshire, Illinois, is a provider of technology products and services for business, government and education.
Website: https://www.cdw.com/
Founded: 1984
Sector: TRADE & SERVICES
Industry: RETAIL-CATALOG & MAIL-ORDER HOUSES
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At a glance:
Bull Thesis:
Bear Thesis:
Main Competitors:
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Income Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-06-30 | 2017-12-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2014-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
net sales | 5,679,800,000 | 5,511,000,000 | 5,737,400,000 | 5,976,600,000 | 5,199,100,000 | 5,186,000,000 | 5,516,600,000 | 5,423,400,000 | 4,872,700,000 | 5,018,500,000 | 5,628,300,000 | 5,103,100,000 | 5,438,300,000 | 6,215,500,000 | 6,145,800,000 | 5,949,100,000 | 5,536,900,000 | 5,300,000,000 | 5,146,400,000 | 4,837,500,000 | 4,956,200,000 | 4,756,400,000 | 4,365,700,000 | 4,389,200,000 | 4,536,900,000 | 4,907,700,000 | 4,629,900,000 | 3,957,900,000 | 4,186,100,000 | 3,492,400,000 | 3,708,200,000 | 3,664,600,000 | 3,116,700,000 | 3,418,400,000 | 3,501,100,000 | |||
yoy | 9.25% | 6.27% | 4.00% | 10.20% | 6.70% | 3.34% | -1.98% | 6.28% | -10.40% | -19.26% | -8.42% | -14.22% | -1.78% | 17.27% | 19.42% | 22.98% | 11.72% | 11.43% | 17.88% | 10.21% | 9.24% | -3.08% | -5.71% | 10.90% | 17.24% | 13.33% | 14.23% | 2.16% | 5.92% | |||||||||
qoq | 3.06% | -3.95% | -4.00% | 14.95% | 0.25% | -5.99% | 1.72% | 11.30% | -2.91% | -10.83% | 10.29% | -6.16% | -12.50% | 1.13% | 3.31% | 7.44% | 4.47% | 2.98% | 6.39% | -2.39% | 4.20% | 8.95% | -0.54% | -3.26% | -7.56% | 6.00% | 16.98% | -5.82% | 1.19% | 17.58% | -8.83% | -2.36% | ||||||
cost of sales | 4,489,800,000 | 4,256,600,000 | 4,481,900,000 | 4,735,400,000 | 4,076,800,000 | 4,030,700,000 | 4,315,900,000 | 4,240,300,000 | 3,809,400,000 | 3,864,700,000 | 4,400,600,000 | 4,013,700,000 | 4,257,200,000 | 4,982,300,000 | 4,977,600,000 | 4,845,000,000 | 4,561,300,000 | 4,385,100,000 | 4,263,600,000 | 4,042,300,000 | 4,075,300,000 | 3,930,900,000 | 3,618,500,000 | 3,632,700,000 | 3,759,400,000 | 4,091,200,000 | 3,856,100,000 | 3,285,800,000 | 3,490,500,000 | 2,914,500,000 | 3,093,900,000 | 3,054,100,000 | 2,592,200,000 | 2,860,800,000 | 2,933,900,000 | |||
gross profit | 1,190,000,000 | 1,254,400,000 | 1,255,500,000 | 1,241,200,000 | 1,122,300,000 | 1,155,300,000 | 1,200,700,000 | 1,183,100,000 | 1,063,300,000 | 1,153,800,000 | 1,227,700,000 | 1,089,400,000 | 1,181,100,000 | 1,233,200,000 | 1,168,200,000 | 1,104,100,000 | 975,600,000 | 914,900,000 | 882,800,000 | 795,200,000 | 880,900,000 | 825,500,000 | 747,200,000 | 756,500,000 | 777,500,000 | 816,500,000 | 773,800,000 | 672,100,000 | 695,600,000 | 577,900,000 | 614,300,000 | 610,500,000 | 524,500,000 | 557,600,000 | 567,200,000 | |||
yoy | 6.03% | 8.58% | 4.56% | 4.91% | 5.55% | 0.13% | -2.20% | 8.60% | -9.97% | -6.44% | 5.09% | -1.33% | 21.06% | 34.79% | 32.33% | 38.85% | 10.75% | 10.83% | 18.15% | 5.12% | 13.30% | 1.10% | -3.44% | 12.56% | 17.38% | 16.30% | 13.94% | 3.64% | 8.30% | |||||||||
qoq | -5.13% | -0.09% | 1.15% | 10.59% | -2.86% | -3.78% | 1.49% | 11.27% | -7.84% | -6.02% | 12.70% | -7.76% | -4.22% | 5.56% | 5.81% | 13.17% | 6.63% | 3.64% | 11.02% | -9.73% | 6.71% | 10.48% | -1.23% | -2.70% | -4.78% | 5.52% | 15.13% | -5.93% | 0.62% | 16.40% | -5.94% | -1.69% | ||||||
gross margin % | 20.95% | 22.76% | 21.88% | 20.77% | 21.59% | 22.28% | 21.77% | 21.81% | 21.82% | 22.99% | 21.81% | 21.35% | 21.72% | 19.84% | 19.01% | 18.56% | 17.62% | 17.26% | 17.15% | 16.44% | 17.77% | 17.36% | 17.12% | 17.24% | 17.14% | 16.64% | 16.71% | 16.98% | NaN% | 16.62% | 16.55% | 16.57% | 16.66% | 16.83% | 16.31% | 16.20% | ||
selling and administrative expenses | 814,000,000 | 823,700,000 | 812,200,000 | 821,000,000 | 760,900,000 | 746,700,000 | 719,100,000 | 750,000,000 | 735,300,000 | 718,800,000 | 749,300,000 | 734,100,000 | 734,500,000 | 766,800,000 | 732,900,000 | 717,200,000 | 636,300,000 | 528,500,000 | 512,900,000 | 471,800,000 | 548,700,000 | 507,700,000 | 463,800,000 | 510,700,000 | 443,800,000 | 444,900,000 | 420,400,000 | 404,000,000 | 381,400,000 | 336,100,000 | 334,900,000 | 344,700,000 | 329,300,000 | 338,500,000 | 321,400,000 | |||
operating income | 376,000,000 | 430,700,000 | 443,300,000 | 420,200,000 | 361,400,000 | 408,600,000 | 481,600,000 | 433,100,000 | 328,000,000 | 435,000,000 | 478,400,000 | 355,300,000 | 446,600,000 | 466,400,000 | 435,300,000 | 386,900,000 | 339,300,000 | 386,400,000 | 369,900,000 | 323,400,000 | 332,200,000 | 317,800,000 | 283,400,000 | 245,800,000 | 283,800,000 | 320,600,000 | 300,300,000 | 228,900,000 | ||||||||||
yoy | 4.04% | 5.41% | -7.95% | -2.98% | 10.18% | -6.07% | 0.67% | 21.90% | -26.56% | -6.73% | 9.90% | -8.17% | 31.62% | 20.70% | 17.68% | 19.64% | 2.14% | 21.59% | 30.52% | 31.57% | 17.05% | -0.87% | -5.63% | 7.38% | ||||||||||||||
qoq | -12.70% | -2.84% | 5.50% | 16.27% | -11.55% | -15.16% | 11.20% | 32.04% | -24.60% | -9.07% | 34.65% | -20.44% | -4.25% | 7.14% | 12.51% | 14.03% | -12.19% | 4.46% | 14.38% | -2.65% | 4.53% | 12.14% | 15.30% | -13.39% | -11.48% | 6.76% | 31.19% | |||||||||||
operating margin % | 6.62% | 7.82% | 7.73% | 7.03% | 6.95% | 7.88% | 8.73% | 7.99% | 6.73% | 8.67% | 8.50% | 6.96% | 8.21% | 7.50% | 7.08% | 6.50% | 6.13% | 7.29% | 7.19% | 6.69% | 6.70% | 6.68% | 6.49% | 5.60% | 6.26% | 6.53% | 6.49% | 5.78% | NaN% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | ||
interest expense | -55,300,000 | -58,500,000 | -55,000,000 | -56,800,000 | -57,100,000 | -56,500,000 | -54,400,000 | -52,300,000 | -51,300,000 | -53,300,000 | -57,400,000 | -57,700,000 | -59,400,000 | -62,600,000 | -57,700,000 | -56,000,000 | -43,400,000 | -36,400,000 | -35,500,000 | -35,600,000 | -37,100,000 | -40,200,000 | -39,700,000 | -37,900,000 | -38,300,000 | -42,300,000 | -40,500,000 | -38,300,000 | -37,200,000 | -33,900,000 | -37,600,000 | -36,900,000 | -38,100,000 | -38,400,000 | -38,500,000 | |||
other income | -1,700,000 | 575,000 | 1,100,000 | 1,500,000 | -200,000 | 400,000 | -6,000,000 | -4,800,000 | -400,000 | -500,000 | -8,600,000 | 400,000 | 36,800,000 | 1,100,000 | 1,700,000 | 3,900,000 | -9,500,000 | -17,400,000 | 1,400,000 | 1,000,000 | 1,500,000 | -500,000 | 400,000 | 900,000 | 1,000,000 | 200,000 | -18,000,000 | |||||||||||
income before income taxes | 319,000,000 | 369,100,000 | 389,400,000 | 364,900,000 | 304,000,000 | 351,500,000 | 427,600,000 | 379,700,000 | 276,600,000 | 380,700,000 | 419,800,000 | 296,300,000 | 381,200,000 | 399,000,000 | 377,200,000 | 330,400,000 | 287,300,000 | 350,400,000 | 371,200,000 | 288,900,000 | 295,000,000 | 250,100,000 | 245,400,000 | 211,800,000 | 236,000,000 | 260,900,000 | 261,200,000 | 191,600,000 | 229,800,000 | 162,800,000 | 198,200,000 | 187,500,000 | 123,900,000 | 141,700,000 | 246,200,000 | |||
income tax expense | -83,600,000 | -89,600,000 | -98,400,000 | -93,700,000 | -79,100,000 | -87,300,000 | -111,200,000 | -98,600,000 | -60,500,000 | -84,600,000 | -104,300,000 | -66,200,000 | -94,000,000 | -101,200,000 | -97,900,000 | -80,200,000 | -72,000,000 | -83,800,000 | -97,100,000 | -56,300,000 | -56,700,000 | -56,900,000 | -56,300,000 | -43,900,000 | -50,400,000 | -59,200,000 | -64,600,000 | -38,700,000 | -56,800,000 | -59,600,000 | -72,300,000 | -70,000,000 | -46,100,000 | -52,400,000 | -95,300,000 | |||
net income | 235,400,000 | 279,500,000 | 291,000,000 | 271,200,000 | 224,900,000 | 264,200,000 | 316,400,000 | 281,100,000 | 216,100,000 | 296,100,000 | 315,500,000 | 230,100,000 | 287,200,000 | 297,800,000 | 279,300,000 | 250,200,000 | 215,300,000 | 266,600,000 | 274,100,000 | 232,600,000 | 238,300,000 | 193,200,000 | 189,100,000 | 167,900,000 | 185,600,000 | 201,700,000 | 196,600,000 | 152,900,000 | 173,000,000 | 103,200,000 | 125,900,000 | 117,500,000 | 77,800,000 | 89,300,000 | 150,900,000 | |||
yoy | 4.67% | 5.79% | -8.03% | -3.52% | 4.07% | -10.77% | 0.29% | 22.16% | -24.76% | -0.57% | 12.96% | -8.03% | 33.40% | 11.70% | 1.90% | 7.57% | -9.65% | 37.99% | 44.95% | 38.53% | 28.39% | -4.21% | -3.81% | 9.81% | 16.59% | 48.16% | 47.23% | 15.57% | -16.57% | |||||||||
qoq | -15.78% | -3.95% | 7.30% | 20.59% | -14.88% | -16.50% | 12.56% | 30.08% | -27.02% | -6.15% | 37.11% | -19.88% | -3.56% | 6.62% | 11.63% | 16.21% | -19.24% | -2.74% | 17.84% | -2.39% | 23.34% | 2.17% | 12.63% | -9.54% | -7.98% | 2.59% | 28.58% | -18.03% | 7.15% | 51.03% | -12.88% | -40.82% | ||||||
net income margin % | 4.14% | 5.07% | 5.07% | 4.54% | 4.33% | 5.09% | 5.74% | 5.18% | 4.43% | 5.90% | 5.61% | 4.51% | 5.28% | 4.79% | 4.54% | 4.21% | 3.89% | 5.03% | 5.33% | 4.81% | 4.81% | 4.06% | 4.33% | 3.83% | 4.09% | 4.11% | 4.25% | 3.86% | NaN% | 4.13% | 2.95% | 3.40% | 3.21% | 2.50% | 2.61% | 4.31% | ||
net income per common share: | ||||||||||||||||||||||||||||||||||||||
basic | 1,820,000 | 2,150,000 | 2,220,000 | 2,060,000 | 1,700,000 | 1,990,000 | 2,370,000 | 2,100,000 | 1,610,000 | 2,200,000 | 2,350,000 | 1,700,000 | 2,120,000 | 2,200,000 | 2,070,000 | 1,850,000 | 1,600,000 | 1,940,000 | 1,960,000 | 1,650,000 | 1,670,000 | 1,360,000 | 1,320,000 | 1,180,000 | 1,300,000 | 1,390,000 | 1,350,000 | 1,040,000 | 1,140,000 | 640,000 | 780,000 | 710,000 | 470,000 | 530,000 | 890,000 | |||
diluted | 1,820,000 | 2,140,000 | 2,210,000 | 2,050,000 | 1,690,000 | 1,970,000 | 2,340,000 | 2,070,000 | 1,590,000 | 2,180,000 | 2,320,000 | 1,680,000 | 2,090,000 | 2,170,000 | 2,040,000 | 1,830,000 | 1,570,000 | 1,910,000 | 1,930,000 | 1,630,000 | 1,650,000 | 1,330,000 | 1,310,000 | 1,160,000 | 1,270,000 | 1,370,000 | 1,330,000 | 1,020,000 | 1,120,000 | 630,000 | 760,000 | 700,000 | 460,000 | 530,000 | 880,000 | |||
weighted-average common shares outstanding: | ||||||||||||||||||||||||||||||||||||||
basic | 129,000,000 | 131,300,000 | 131,000,000 | 131,600,000 | 132,500,000 | 133,800,000 | 133,500,000 | 134,100,000 | 134,400,000 | 134,600,000 | 134,100,000 | 135,600,000 | 135,200,000 | 135,300,000 | 135,200,000 | 134,900,000 | 138,500,000 | 137,300,000 | 139,800,000 | 141,100,000 | 142,600,000 | 142,700,000 | 142,400,000 | 142,700,000 | 145,100,000 | 144,500,000 | 145,700,000 | 147,000,000 | 150,900,000 | 151,600,000 | 163,600,000 | 162,100,000 | 164,900,000 | 167,300,000 | 170,300,000 | 169,600,000 | ||
diluted | 129,500,000 | 132,100,000 | 131,800,000 | 132,400,000 | 133,500,000 | 135,200,000 | 134,900,000 | 135,600,000 | 136,000,000 | 136,300,000 | 135,900,000 | 137,300,000 | 137,000,000 | 137,100,000 | 136,800,000 | 136,700,000 | 140,500,000 | 139,400,000 | 141,700,000 | 143,100,000 | 144,800,000 | 144,800,000 | 144,300,000 | 144,900,000 | 147,800,000 | 147,200,000 | 148,300,000 | 149,200,000 | 153,600,000 | 153,900,000 | 166,000,000 | 164,900,000 | 166,700,000 | 168,900,000 | 171,800,000 | 171,000,000 | ||
other expense | -300,000 | -1,100,000 | -100,000 | -775,000 | -1,200,000 | -1,300,000 | -5,475,000 | -27,500,000 | ||||||||||||||||||||||||||||||
advertising expense | 49,900,000 | 51,000,000 | 53,100,000 | 39,200,000 | 48,700,000 | 44,600,000 | 41,900,000 | 42,300,000 | 34,200,000 | 39,200,000 | 41,200,000 | |||||||||||||||||||||||||||
income from operations | 265,500,000 | 197,200,000 | 237,500,000 | 223,500,000 | 161,000,000 | 179,900,000 | 204,600,000 | |||||||||||||||||||||||||||||||
net loss on extinguishments of long-term debt | -2,100,000 | |||||||||||||||||||||||||||||||||||||
cash dividends declared per common share | 210,000 | 160,000 | 107,500 | 107,500 | 107,500 | 107,500 | 67,500 | |||||||||||||||||||||||||||||||
gain on remeasurement of equity investment | 98,100,000 | |||||||||||||||||||||||||||||||||||||
weighted-average number of common shares outstanding: | ||||||||||||||||||||||||||||||||||||||
basic | 129,000,000 | 131,300,000 | 131,000,000 | 131,600,000 | 132,500,000 | 133,800,000 | 133,500,000 | 134,100,000 | 134,400,000 | 134,600,000 | 134,100,000 | 135,600,000 | 135,200,000 | 135,300,000 | 135,200,000 | 134,900,000 | 138,500,000 | 137,300,000 | 139,800,000 | 141,100,000 | 142,600,000 | 142,700,000 | 142,400,000 | 142,700,000 | 145,100,000 | 144,500,000 | 145,700,000 | 147,000,000 | 150,900,000 | 151,600,000 | 163,600,000 | 162,100,000 | 164,900,000 | 167,300,000 | 170,300,000 | 169,600,000 | ||
diluted | 129,500,000 | 132,100,000 | 131,800,000 | 132,400,000 | 133,500,000 | 135,200,000 | 134,900,000 | 135,600,000 | 136,000,000 | 136,300,000 | 135,900,000 | 137,300,000 | 137,000,000 | 137,100,000 | 136,800,000 | 136,700,000 | 140,500,000 | 139,400,000 | 141,700,000 | 143,100,000 | 144,800,000 | 144,800,000 | 144,300,000 | 144,900,000 | 147,800,000 | 147,200,000 | 148,300,000 | 149,200,000 | 153,600,000 | 153,900,000 | 166,000,000 | 164,900,000 | 166,700,000 | 168,900,000 | 171,800,000 | 171,000,000 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2018-12-31 | 2018-06-30 | 2017-12-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2014-12-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-09-30 |
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assets | ||||||||||||||||||||||||||||||||||||||||||||||
current assets: | ||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 578,600,000 | 618,700,000 | 452,900,000 | 481,000,000 | 471,400,000 | 503,500,000 | 946,700,000 | 665,300,000 | 803,800,000 | 588,700,000 | 440,700,000 | 279,400,000 | 315,200,000 | 384,600,000 | 541,600,000 | 386,900,000 | 258,100,000 | 245,100,000 | 501,200,000 | 878,600,000 | 1,410,200,000 | 1,249,500,000 | 958,400,000 | 214,400,000 | 154,000,000 | 166,900,000 | 194,500,000 | 205,800,000 | 100,700,000 | 144,200,000 | 263,700,000 | 118,300,000 | 129,400,000 | 248,200,000 | 37,600,000 | 97,500,000 | 344,500,000 | 37,900,000 | 193,000,000 | 158,700,000 | 36,500,000 | 99,900,000 | 25,900,000 | 44,600,000 | 73,700,000 | 67,000,000 |
accounts receivable | 6,468,400,000 | 6,312,400,000 | 5,785,100,000 | 5,626,900,000 | 5,334,400,000 | 5,135,800,000 | 4,894,000,000 | 4,718,800,000 | 4,310,400,000 | 4,567,500,000 | 4,418,500,000 | 4,262,300,000 | 4,461,300,000 | 4,549,400,000 | 4,474,800,000 | 4,613,500,000 | 4,499,400,000 | 3,561,000,000 | 3,370,500,000 | 3,234,100,000 | 3,212,600,000 | 3,267,700,000 | 3,029,000,000 | 3,149,400,000 | 3,002,200,000 | 2,899,500,000 | 2,967,300,000 | 2,671,200,000 | 2,612,200,000 | 2,320,500,000 | 2,168,600,000 | 2,019,800,000 | 2,082,500,000 | 1,780,200,000 | 2,017,400,000 | 1,860,000,000 | 1,561,100,000 | 1,265,100,000 | 1,277,200,000 | 1,238,300,000 | 1,093,600,000 | 1,254,900,000 | 1,257,000,000 | 1,178,300,000 | 1,078,700,000 | 1,119,800,000 |
merchandise inventory | 820,600,000 | 563,400,000 | 504,700,000 | 761,600,000 | 720,200,000 | 605,300,000 | 682,500,000 | 724,800,000 | 670,800,000 | 668,100,000 | 706,400,000 | 781,100,000 | 800,200,000 | 914,500,000 | 1,020,100,000 | 1,054,600,000 | 927,600,000 | 844,400,000 | 888,700,000 | 745,100,000 | 760,000,000 | 648,100,000 | 694,800,000 | 672,100,000 | 611,200,000 | 603,600,000 | 652,200,000 | 454,300,000 | 576,900,000 | 449,500,000 | 452,000,000 | 451,600,000 | 487,300,000 | 460,400,000 | 393,100,000 | 411,400,000 | 337,500,000 | 314,600,000 | 346,900,000 | 321,600,000 | 346,800,000 | 321,700,000 | 315,100,000 | 348,900,000 | 308,700,000 | 304,900,000 |
miscellaneous receivables | 583,400,000 | 554,000,000 | 613,300,000 | 559,000,000 | 523,600,000 | 509,900,000 | 520,100,000 | 545,300,000 | 482,200,000 | 470,500,000 | 489,700,000 | 469,400,000 | 489,100,000 | 486,400,000 | 463,700,000 | 449,800,000 | 435,500,000 | 394,300,000 | 430,900,000 | 396,600,000 | 379,500,000 | 404,100,000 | 353,900,000 | 442,500,000 | 395,100,000 | 432,200,000 | 406,000,000 | 316,400,000 | 373,800,000 | 336,500,000 | 234,900,000 | 269,400,000 | 260,300,000 | 212,700,000 | 198,400,000 | 230,600,000 | 155,600,000 | 148,500,000 | 171,500,000 | 160,700,000 | 156,300,000 | 143,600,000 | 186,100,000 | 187,700,000 | 173,900,000 | 145,500,000 |
prepaid expenses and other | 514,200,000 | 452,000,000 | 421,400,000 | 408,000,000 | 385,300,000 | 404,400,000 | 406,600,000 | 389,400,000 | 366,600,000 | 410,200,000 | 403,100,000 | 487,700,000 | 498,200,000 | 560,300,000 | 539,600,000 | 366,000,000 | 357,500,000 | 247,400,000 | 230,300,000 | 215,400,000 | 191,200,000 | 190,200,000 | 199,700,000 | 187,400,000 | 171,600,000 | 193,100,000 | 205,300,000 | 149,100,000 | 181,100,000 | 127,400,000 | 118,900,000 | 138,700,000 | 115,800,000 | 114,800,000 | 144,300,000 | 135,400,000 | 54,700,000 | 34,600,000 | 51,200,000 | 63,500,000 | 45,000,000 | 34,700,000 | 48,700,000 | 56,700,000 | 44,500,000 | 49,200,000 |
total current assets | 8,965,200,000 | 8,500,500,000 | 7,777,400,000 | 7,836,500,000 | 7,651,600,000 | 7,373,100,000 | 7,661,600,000 | 7,043,600,000 | 6,633,800,000 | 6,705,000,000 | 6,458,400,000 | 6,279,900,000 | 6,564,000,000 | 6,895,200,000 | 7,039,800,000 | 6,870,800,000 | 6,478,100,000 | 5,292,200,000 | 5,421,600,000 | 5,469,800,000 | 5,953,500,000 | 5,759,600,000 | 5,235,800,000 | 4,665,800,000 | 4,334,100,000 | 4,295,300,000 | 4,425,300,000 | 3,796,800,000 | 3,844,700,000 | 3,378,100,000 | 3,238,100,000 | 2,997,800,000 | 3,075,300,000 | 2,816,300,000 | 2,790,800,000 | 2,734,900,000 | 2,453,400,000 | 1,814,800,000 | 2,060,000,000 | 1,964,300,000 | 1,701,300,000 | 1,879,400,000 | 1,862,100,000 | 1,866,800,000 | 1,730,100,000 | 1,709,600,000 |
operating lease right-of-use assets | 130,400,000 | 136,700,000 | 102,900,000 | 110,400,000 | 112,900,000 | 120,200,000 | 129,200,000 | 130,900,000 | 135,100,000 | 128,800,000 | 133,100,000 | 145,700,000 | 149,200,000 | 153,800,000 | 154,500,000 | 164,000,000 | 155,600,000 | 122,200,000 | 124,700,000 | 128,300,000 | 130,800,000 | 133,500,000 | 137,300,000 | 129,500,000 | 131,800,000 | 84,200,000 | 117,300,000 | |||||||||||||||||||
property and equipment | 172,200,000 | 171,500,000 | 177,100,000 | 181,600,000 | 188,300,000 | 192,000,000 | 193,100,000 | 186,900,000 | 190,200,000 | 195,500,000 | 194,900,000 | 187,400,000 | 188,800,000 | 188,000,000 | 194,700,000 | 195,600,000 | 195,800,000 | 179,300,000 | 176,100,000 | 175,500,000 | 175,500,000 | 268,000,000 | 326,500,000 | 331,900,000 | 363,100,000 | 171,100,000 | 163,400,000 | 156,100,000 | 150,300,000 | 161,100,000 | 163,700,000 | 162,500,000 | 163,800,000 | 168,400,000 | 175,400,000 | 154,400,000 | 137,200,000 | 142,700,000 | 139,300,000 | 142,300,000 | 146,100,000 | 154,300,000 | 147,900,000 | 150,800,000 | 154,900,000 | 147,700,000 |
goodwill | 4,651,100,000 | 4,662,300,000 | 4,642,100,000 | 4,652,600,000 | 4,636,100,000 | 4,620,400,000 | 4,424,500,000 | 4,409,300,000 | 4,409,800,000 | 4,413,400,000 | 4,417,400,000 | 4,365,500,000 | 4,342,700,000 | 4,327,500,000 | 4,369,600,000 | 4,376,500,000 | 4,382,900,000 | 2,804,600,000 | 2,731,900,000 | 2,812,400,000 | 2,595,900,000 | 2,573,400,000 | 2,532,100,000 | 2,529,500,000 | 2,553,000,000 | 2,515,900,000 | 2,524,700,000 | 2,462,800,000 | 2,472,500,000 | 2,479,600,000 | 2,455,000,000 | 2,467,900,000 | 2,475,000,000 | 2,495,200,000 | 2,500,400,000 | 2,517,400,000 | 2,217,600,000 | 2,209,300,000 | 2,209,600,000 | 2,208,500,000 | 2,209,000,000 | 2,208,400,000 | 2,207,500,000 | 2,210,300,000 | 2,210,000,000 | 2,208,100,000 |
other intangible assets | 1,137,400,000 | 1,186,400,000 | 1,225,700,000 | 1,270,600,000 | 1,314,200,000 | 1,356,600,000 | 1,259,700,000 | 1,295,000,000 | 1,331,200,000 | 1,369,700,000 | 1,384,900,000 | 1,455,000,000 | 1,490,700,000 | 1,525,500,000 | 1,556,600,000 | 1,584,600,000 | 1,628,100,000 | 503,300,000 | 487,300,000 | 419,200,000 | 445,100,000 | 461,800,000 | 492,900,000 | 540,200,000 | 594,100,000 | 616,100,000 | 660,500,000 | 712,200,000 | 802,300,000 | 897,000,000 | 1,055,600,000 | 1,110,600,000 | 1,162,000,000 | 1,225,400,000 | 1,276,400,000 | 1,325,400,000 | 1,168,800,000 | 1,478,500,000 | 1,516,900,000 | 1,557,700,000 | 1,599,400,000 | 1,636,000,000 | 1,672,800,000 | 1,712,900,000 | 1,751,200,000 | 1,829,600,000 |
accounts receivable and other assets, noncurrent | 1,397,100,000 | 1,370,800,000 | 1,272,400,000 | 1,214,000,000 | 1,115,400,000 | 1,016,100,000 | ||||||||||||||||||||||||||||||||||||||||
total assets | 16,453,400,000 | 16,028,200,000 | 15,197,600,000 | 15,265,700,000 | 15,018,500,000 | 14,678,400,000 | 14,376,700,000 | 13,638,700,000 | 13,192,800,000 | 13,284,600,000 | 12,875,300,000 | 12,768,100,000 | 13,131,500,000 | 13,475,600,000 | 13,653,100,000 | 13,513,800,000 | 13,199,400,000 | 9,011,600,000 | 8,990,900,000 | 9,053,500,000 | 9,344,700,000 | 9,223,700,000 | 8,749,500,000 | 8,222,400,000 | 7,999,400,000 | 7,703,100,000 | 7,921,900,000 | 7,167,700,000 | 7,330,100,000 | 6,956,600,000 | 6,948,400,000 | 6,772,800,000 | 6,887,900,000 | 6,717,900,000 | 6,755,300,000 | 6,741,500,000 | 6,099,900,000 | 5,700,100,000 | 5,985,100,000 | 5,935,500,000 | 5,721,400,000 | 5,949,600,000 | 5,965,000,000 | 6,021,900,000 | 5,924,600,000 | 5,974,900,000 |
liabilities and stockholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||
current liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||
accounts payable-trade | 4,561,500,000 | 4,220,100,000 | 3,678,800,000 | 3,799,500,000 | 3,628,400,000 | 3,381,300,000 | 3,179,900,000 | 3,118,600,000 | 2,741,100,000 | 2,881,000,000 | 2,616,700,000 | 2,644,000,000 | 2,821,300,000 | 3,251,100,000 | 3,315,600,000 | 3,198,300,000 | 3,114,200,000 | 2,280,700,000 | 2,207,400,000 | 2,050,800,000 | 2,088,400,000 | 1,922,000,000 | 1,809,000,000 | 1,967,100,000 | 1,835,000,000 | 1,900,000,000 | 2,055,800,000 | 1,577,100,000 | 1,693,600,000 | 1,317,700,000 | 1,072,900,000 | 997,700,000 | 1,078,100,000 | 958,600,000 | 866,500,000 | 704,000,000 | 518,600,000 | 517,800,000 | ||||||||
accounts payable-inventory financing | 355,600,000 | 352,600,000 | 331,000,000 | 420,400,000 | 343,700,000 | 355,200,000 | 357,000,000 | 404,200,000 | 384,800,000 | 430,900,000 | 620,000,000 | 532,200,000 | 519,000,000 | 478,700,000 | 453,100,000 | 564,900,000 | 448,300,000 | 340,000,000 | 375,200,000 | 344,800,000 | 524,600,000 | 661,200,000 | 479,100,000 | 345,500,000 | 429,900,000 | 411,700,000 | 465,700,000 | 429,300,000 | 387,600,000 | 498,000,000 | 580,400,000 | 477,700,000 | 509,800,000 | 372,900,000 | 439,600,000 | 332,100,000 | 249,200,000 | 278,700,000 | ||||||||
current maturities of long-term debt | 1,005,900,000 | 1,007,500,000 | 9,100,000 | 9,500,000 | 230,600,000 | 235,800,000 | 423,200,000 | 1,203,500,000 | 604,700,000 | 613,100,000 | 40,000,000 | 45,700,000 | 56,300,000 | 57,800,000 | 105,500,000 | 83,900,000 | 102,700,000 | 28,500,000 | 19,800,000 | 19,600,000 | 70,900,000 | 72,300,000 | 37,900,000 | 33,700,000 | 34,100,000 | 25,400,000 | 25,500,000 | 25,300,000 | 38,600,000 | 25,500,000 | 18,500,000 | 18,500,000 | 26,100,000 | 26,900,000 | 27,200,000 | 27,500,000 | 15,400,000 | 40,000,000 | ||||||||
contract liabilities | 597,300,000 | 534,000,000 | 477,000,000 | 489,900,000 | 520,600,000 | 491,000,000 | 474,700,000 | 451,400,000 | 469,500,000 | 487,400,000 | 438,900,000 | 495,700,000 | 485,500,000 | 437,700,000 | 431,300,000 | 443,800,000 | 402,900,000 | 304,000,000 | 325,700,000 | 326,500,000 | 243,700,000 | 246,800,000 | 275,400,000 | 257,600,000 | 252,200,000 | 212,100,000 | 200,800,000 | 178,300,000 | 169,900,000 | |||||||||||||||||
accrued expenses and other current liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||
compensation | 249,700,000 | 318,800,000 | 282,600,000 | 313,400,000 | 225,800,000 | 275,800,000 | 247,100,000 | 296,200,000 | 250,700,000 | 303,000,000 | 271,400,000 | 287,800,000 | 377,800,000 | 359,100,000 | 381,100,000 | 371,900,000 | 361,700,000 | 277,700,000 | 255,100,000 | 240,700,000 | 288,300,000 | 216,400,000 | 163,200,000 | 201,300,000 | 212,300,000 | 191,400,000 | 161,700,000 | 186,400,000 | 138,400,000 | 129,500,000 | 167,600,000 | 164,800,000 | 135,600,000 | 126,700,000 | 120,400,000 | 117,900,000 | 130,100,000 | 99,400,000 | 84,800,000 | 87,500,000 | 76,000,000 | 106,600,000 | 87,800,000 | 77,800,000 | 76,900,000 | 86,100,000 |
advertising | 237,200,000 | 176,100,000 | 192,700,000 | 171,700,000 | 156,300,000 | 137,700,000 | 148,400,000 | 145,100,000 | 136,000,000 | 119,900,000 | 150,100,000 | 126,200,000 | 130,500,000 | 169,800,000 | 171,100,000 | 162,100,000 | 145,500,000 | 149,800,000 | 164,500,000 | 166,300,000 | 153,400,000 | 157,700,000 | 145,200,000 | 158,600,000 | 147,900,000 | 158,000,000 | 140,200,000 | 119,200,000 | 96,800,000 | 89,200,000 | 55,800,000 | 68,600,000 | 59,100,000 | 50,800,000 | 52,300,000 | 54,300,000 | 34,000,000 | 33,900,000 | 30,000,000 | 33,900,000 | 31,900,000 | 38,800,000 | 33,000,000 | 31,400,000 | 29,900,000 | 26,500,000 |
sales and income taxes | 166,600,000 | 82,900,000 | 116,400,000 | 82,100,000 | 124,200,000 | 61,600,000 | 64,900,000 | 80,700,000 | 110,100,000 | 52,400,000 | 80,000,000 | 130,100,000 | 73,500,000 | 58,000,000 | 70,700,000 | 132,700,000 | 65,900,000 | 65,700,000 | 80,400,000 | 162,600,000 | 104,200,000 | 68,800,000 | 145,400,000 | 135,400,000 | 88,600,000 | 51,400,000 | 59,800,000 | 55,500,000 | ||||||||||||||||||
other | 524,700,000 | 534,100,000 | 506,200,000 | 519,200,000 | 551,900,000 | 536,000,000 | 563,400,000 | 508,400,000 | 564,100,000 | 554,300,000 | 565,000,000 | 516,200,000 | 483,200,000 | 546,600,000 | 487,200,000 | 507,000,000 | 454,800,000 | 386,800,000 | 342,000,000 | 398,000,000 | 424,800,000 | 491,400,000 | 506,300,000 | 548,000,000 | 491,400,000 | 291,000,000 | 350,800,000 | 232,000,000 | 212,800,000 | 180,200,000 | 149,800,000 | 159,000,000 | 152,700,000 | 134,000,000 | 166,200,000 | 128,700,000 | 113,700,000 | 96,000,000 | 85,600,000 | 87,500,000 | 91,200,000 | 92,600,000 | 87,400,000 | 83,400,000 | 87,100,000 | 86,000,000 |
total current liabilities | 7,698,500,000 | 7,226,100,000 | 5,593,800,000 | 5,805,700,000 | 5,781,500,000 | 5,474,400,000 | 5,458,600,000 | 6,208,100,000 | 5,261,000,000 | 5,442,000,000 | 4,782,100,000 | 4,777,900,000 | 4,947,100,000 | 5,358,800,000 | 5,415,600,000 | 5,464,600,000 | 5,096,000,000 | 3,833,200,000 | 3,770,100,000 | 3,709,300,000 | 3,898,300,000 | 3,836,600,000 | 3,561,500,000 | 3,647,200,000 | 3,491,400,000 | 3,241,000,000 | 3,460,300,000 | 2,803,100,000 | 2,820,000,000 | 2,514,600,000 | 2,280,700,000 | 2,126,800,000 | 2,177,700,000 | 1,943,400,000 | 1,887,300,000 | 1,871,900,000 | 1,468,000,000 | 1,148,300,000 | 1,316,200,000 | 1,297,500,000 | 1,107,700,000 | 1,341,300,000 | 1,172,800,000 | 1,091,100,000 | 1,043,600,000 | 1,006,300,000 |
long-term liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||
debt | 4,635,100,000 | 4,622,300,000 | 5,619,700,000 | 5,623,200,000 | 5,622,400,000 | 5,607,000,000 | 5,607,500,000 | 4,424,800,000 | 5,027,600,000 | 5,031,800,000 | 5,661,500,000 | 5,749,900,000 | 5,866,400,000 | 6,100,000,000 | 6,481,400,000 | 6,514,800,000 | 6,755,800,000 | 4,037,700,000 | 3,909,200,000 | 3,911,100,000 | 3,856,300,000 | 3,858,600,000 | 3,861,600,000 | 3,438,500,000 | 3,283,200,000 | 3,259,000,000 | 3,253,300,000 | 3,183,300,000 | 3,201,700,000 | 3,210,000,000 | 3,215,900,000 | 3,222,900,000 | 3,214,400,000 | 3,225,000,000 | 3,232,500,000 | 3,240,300,000 | 3,174,600,000 | 3,731,000,000 | 3,871,200,000 | 3,871,400,000 | 3,871,600,000 | |||||
deferred income taxes | 167,200,000 | 171,800,000 | 165,300,000 | 139,100,000 | 155,000,000 | 167,400,000 | 145,100,000 | 151,700,000 | 161,700,000 | 171,400,000 | 171,800,000 | 193,000,000 | 203,400,000 | 208,300,000 | 214,900,000 | 219,300,000 | 222,300,000 | 29,600,000 | 33,100,000 | 29,200,000 | 55,300,000 | 63,100,000 | 67,600,000 | 62,800,000 | 62,400,000 | 111,300,000 | 123,100,000 | 141,900,000 | 172,900,000 | 196,300,000 | 369,200,000 | 393,200,000 | 420,800,000 | 448,500,000 | 469,600,000 | 495,900,000 | 475,000,000 | 14,100,000 | 20,200,000 | 21,500,000 | 23,100,000 | 24,600,000 | 29,300,000 | 50,600,000 | 50,600,000 | 23,200,000 |
operating lease liabilities | 149,700,000 | 157,800,000 | 128,800,000 | 136,300,000 | 140,600,000 | 149,100,000 | 158,700,000 | 161,700,000 | 167,500,000 | 164,000,000 | 168,800,000 | 171,000,000 | 175,200,000 | 180,000,000 | 179,300,000 | 190,600,000 | 184,200,000 | 159,400,000 | 161,500,000 | 165,100,000 | 169,000,000 | 151,500,000 | 138,000,000 | 129,200,000 | 131,100,000 | 81,700,000 | 86,600,000 | |||||||||||||||||||
accounts payable and other liabilities | 1,247,500,000 | 1,244,100,000 | 1,150,300,000 | 1,094,200,000 | 995,900,000 | 927,800,000 | ||||||||||||||||||||||||||||||||||||||||
total long-term liabilities | 6,199,500,000 | 6,196,000,000 | 7,064,100,000 | 6,992,800,000 | 6,913,900,000 | 6,851,300,000 | 6,568,800,000 | 5,255,700,000 | 5,793,100,000 | 5,800,100,000 | 6,283,200,000 | 6,421,300,000 | 6,581,100,000 | 6,790,800,000 | 7,131,300,000 | 7,156,100,000 | 7,397,700,000 | 4,341,400,000 | 4,172,000,000 | 4,173,900,000 | 4,149,300,000 | 4,148,600,000 | 4,132,400,000 | 3,685,500,000 | 3,547,700,000 | 3,527,000,000 | 3,525,500,000 | 3,389,400,000 | 3,441,200,000 | 3,459,100,000 | 3,622,200,000 | 3,655,500,000 | 3,696,800,000 | 3,734,600,000 | 3,772,100,000 | 3,793,900,000 | 3,695,400,000 | 4,415,300,000 | 4,570,700,000 | 4,586,900,000 | 4,603,100,000 | 4,615,600,000 | 4,827,700,000 | 5,000,100,000 | 4,920,600,000 | 5,005,700,000 |
commitments and contingencies | ||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity: | ||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value... | ||||||||||||||||||||||||||||||||||||||||||||||
common stock, 0.01 par value... | 1,200,000 | 1,300,000 | 1,300,000 | 1,300,000 | 1,300,000 | 1,300,000 | 1,300,000 | 1,300,000 | 1,300,000 | 1,300,000 | 1,300,000 | 1,400,000 | 1,400,000 | 1,400,000 | 1,400,000 | 1,400,000 | 1,300,000 | 1,400,000 | 1,400,000 | 1,400,000 | 1,400,000 | 1,400,000 | 1,400,000 | 1,400,000 | 1,400,000 | 1,400,000 | 1,500,000 | 1,500,000 | 1,500,000 | 1,500,000 | 1,600,000 | 1,600,000 | 1,600,000 | 1,700,000 | 1,700,000 | |||||||||||
paid-in capital | 4,008,900,000 | 3,978,500,000 | 3,955,900,000 | 3,919,100,000 | 3,866,500,000 | 3,834,400,000 | 3,807,200,000 | 3,789,900,000 | 3,745,000,000 | 3,691,300,000 | 3,645,000,000 | 3,557,300,000 | 3,518,100,000 | 3,481,500,000 | 3,441,800,000 | 3,403,700,000 | 3,369,500,000 | 3,335,700,000 | 3,294,100,000 | 3,262,600,000 | 3,204,900,000 | 3,161,800,000 | 3,138,300,000 | 3,114,900,000 | 3,095,300,000 | 3,073,200,000 | 3,047,600,000 | 2,996,900,000 | 2,953,300,000 | 2,911,600,000 | 2,857,300,000 | 2,843,600,000 | 2,831,100,000 | 2,817,100,000 | 2,806,900,000 | 2,793,900,000 | 2,711,900,000 | 2,209,100,000 | 2,202,900,000 | 2,196,800,000 | 2,191,500,000 | 2,186,100,000 | 2,179,000,000 | 2,175,200,000 | 2,170,400,000 | 2,163,000,000 |
accumulated deficit | -1,334,600,000 | -1,273,900,000 | -1,311,000,000 | -1,366,900,000 | -1,401,800,000 | -1,322,900,000 | -1,350,900,000 | -1,481,300,000 | -1,474,200,000 | -1,525,500,000 | -1,686,800,000 | -1,847,000,000 | -1,763,800,000 | -1,969,300,000 | -2,197,700,000 | -2,408,900,000 | -2,570,700,000 | -2,402,600,000 | -2,163,500,000 | -2,004,600,000 | -1,813,400,000 | -1,794,000,000 | -1,932,500,000 | -2,067,300,000 | -2,018,600,000 | -1,985,400,000 | -1,973,600,000 | -1,892,600,000 | -1,780,800,000 | -1,834,300,000 | -1,673,800,000 | -1,738,900,000 | -1,715,300,000 | -1,710,000,000 | -1,651,600,000 | -1,674,600,000 | -1,760,500,000 | -2,073,000,000 | -2,106,000,000 | -2,143,900,000 | -2,180,700,000 | -2,191,300,000 | -2,210,100,000 | -2,247,200,000 | -2,212,200,000 | -2,183,900,000 |
accumulated other comprehensive loss | -120,100,000 | -99,800,000 | -106,500,000 | -86,300,000 | -142,900,000 | -160,100,000 | -108,300,000 | -135,000,000 | -133,400,000 | -124,600,000 | -149,500,000 | -142,800,000 | -152,400,000 | -187,600,000 | -139,300,000 | -103,100,000 | -94,400,000 | -97,500,000 | -83,200,000 | -89,100,000 | -95,800,000 | -130,700,000 | -151,600,000 | -159,300,000 | -117,800,000 | -154,100,000 | -139,400,000 | -130,600,000 | -105,100,000 | -95,900,000 | -139,600,000 | -115,800,000 | -104,000,000 | -68,900,000 | -61,100,000 | -45,300,000 | -16,600,000 | -1,800,000 | -200,000 | -2,100,000 | -4,400,000 | -16,200,000 | ||||
total stockholders’ equity | 2,555,400,000 | 2,606,100,000 | 2,539,700,000 | 2,467,200,000 | 2,323,100,000 | 2,352,700,000 | 2,349,300,000 | 2,174,900,000 | 2,138,700,000 | 2,042,500,000 | 1,810,000,000 | 1,568,900,000 | 1,603,300,000 | 1,326,000,000 | 1,106,200,000 | 893,100,000 | 705,700,000 | 982,900,000 | 1,045,500,000 | 990,500,000 | 1,013,400,000 | 1,039,900,000 | 1,095,900,000 | |||||||||||||||||||||||
total liabilities and stockholders’ equity | 16,453,400,000 | 16,028,200,000 | 15,197,600,000 | 15,265,700,000 | 15,018,500,000 | 14,678,400,000 | 14,376,700,000 | 13,638,700,000 | 13,192,800,000 | 13,284,600,000 | 12,875,300,000 | 12,768,100,000 | 13,131,500,000 | 13,475,600,000 | 13,653,100,000 | 13,513,800,000 | 13,199,400,000 | 6,956,600,000 | 6,948,400,000 | 6,772,800,000 | 6,887,900,000 | 6,717,900,000 | 6,755,300,000 | |||||||||||||||||||||||
short-term investments | 216,700,000 | 214,200,000 | 211,700,000 | |||||||||||||||||||||||||||||||||||||||||||
other assets | 708,600,000 | 573,000,000 | 492,700,000 | 472,200,000 | 286,600,000 | 334,600,000 | 396,100,000 | 385,600,000 | 337,900,000 | 322,300,000 | 358,900,000 | 110,000,000 | 49,300,000 | 48,300,000 | 43,900,000 | 27,400,000 | 24,900,000 | 25,500,000 | 23,300,000 | 20,500,000 | 30,700,000 | 39,800,000 | 60,300,000 | 40,800,000 | 36,000,000 | 34,000,000 | 11,800,000 | 12,600,000 | 12,300,000 | 9,400,000 | 3,200,000 | 1,600,000 | 1,600,000 | 2,000,000 | 2,100,000 | 2,300,000 | 2,200,000 | 2,200,000 | 3,600,000 | 2,300,000 | ||||||
other liabilities | 657,500,000 | 517,500,000 | 436,300,000 | 432,900,000 | 281,100,000 | 307,400,000 | 336,100,000 | 302,500,000 | 255,700,000 | 231,400,000 | 235,400,000 | 114,700,000 | 68,200,000 | 68,500,000 | 68,700,000 | 75,400,000 | 65,200,000 | 55,000,000 | 71,000,000 | 75,000,000 | 62,500,000 | 64,200,000 | 66,600,000 | 52,800,000 | 37,100,000 | 39,400,000 | 61,600,000 | 61,100,000 | 70,000,000 | 57,700,000 | 45,800,000 | 52,000,000 | 60,500,000 | 58,800,000 | 57,700,000 | 45,600,000 | 44,700,000 | 48,400,000 | 44,600,000 | 48,600,000 | ||||||
liabilities and stockholders' equity | ||||||||||||||||||||||||||||||||||||||||||||||
stockholders' equity: | ||||||||||||||||||||||||||||||||||||||||||||||
total stockholders' equity | 837,000,000 | 1,048,800,000 | 1,170,300,000 | 1,297,100,000 | 1,238,500,000 | 1,055,600,000 | 889,700,000 | 960,300,000 | 935,100,000 | 936,100,000 | 975,200,000 | 1,068,900,000 | ||||||||||||||||||||||||||||||||||
total liabilities and stockholders' equity | 9,011,600,000 | 8,990,900,000 | 9,053,500,000 | 9,344,700,000 | 9,223,700,000 | 8,749,500,000 | 8,222,400,000 | 7,999,400,000 | 7,703,100,000 | 7,921,900,000 | 7,167,700,000 | 7,330,100,000 | ||||||||||||||||||||||||||||||||||
less: treasury stock, 0.01 par value... | ||||||||||||||||||||||||||||||||||||||||||||||
outstanding common stock, 0.01 par value... | 1,500,000 | 1,500,000 | 1,500,000 | |||||||||||||||||||||||||||||||||||||||||||
interest | 21,900,000 | 21,600,000 | 25,100,000 | 17,500,000 | 25,100,000 | 17,500,000 | 25,100,000 | 17,500,000 | 28,100,000 | 50,700,000 | 113,900,000 | 53,500,000 | 114,000,000 | 54,900,000 | 112,700,000 | 51,800,000 | 125,900,000 | 118,200,000 | ||||||||||||||||||||||||||||
sales taxes | 38,300,000 | 43,800,000 | 38,000,000 | 30,200,000 | 26,900,000 | 38,100,000 | 38,100,000 | 30,500,000 | 29,100,000 | 22,600,000 | 19,700,000 | 18,300,000 | 23,200,000 | 23,100,000 | 19,300,000 | 19,600,000 | 22,400,000 | 17,900,000 | ||||||||||||||||||||||||||||
income taxes | 22,100,000 | 15,100,000 | 12,700,000 | 19,700,000 | 51,600,000 | 1,700,000 | 200,000 | 7,200,000 | 9,200,000 | 11,100,000 | 6,700,000 | 5,400,000 | 4,900,000 | 2,300,000 | ||||||||||||||||||||||||||||||||
deferred revenue | 194,000,000 | 172,600,000 | 180,100,000 | 144,600,000 | 166,300,000 | 151,900,000 | 126,400,000 | 81,300,000 | 37,900,000 | 49,900,000 | 66,100,000 | 34,900,000 | 27,800,000 | 39,000,000 | 49,000,000 | 36,900,000 | 37,700,000 | |||||||||||||||||||||||||||||
accrued expenses: | ||||||||||||||||||||||||||||||||||||||||||||||
equity investments | 86,700,000 | |||||||||||||||||||||||||||||||||||||||||||||
liabilities and shareholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||
accounts payable—trade | 1,012,700,000 | 691,000,000 | 688,300,000 | 520,700,000 | 563,100,000 | |||||||||||||||||||||||||||||||||||||||||
accounts payable—inventory financing | 354,700,000 | 234,100,000 | 253,200,000 | 204,700,000 | 223,800,000 | |||||||||||||||||||||||||||||||||||||||||
shareholders’ equity: | ||||||||||||||||||||||||||||||||||||||||||||||
preferred shares, 0.01 par value... | ||||||||||||||||||||||||||||||||||||||||||||||
common shares, 0.01 par value... | 1,700,000 | 1,700,000 | ||||||||||||||||||||||||||||||||||||||||||||
total shareholders’ equity | 1,075,700,000 | 936,500,000 | 136,500,000 | 98,200,000 | 51,100,000 | 10,600,000 | ||||||||||||||||||||||||||||||||||||||||
total liabilities and shareholders’ equity | 6,741,500,000 | 6,099,900,000 | 5,700,100,000 | 5,985,100,000 | 5,935,500,000 | 5,721,400,000 | ||||||||||||||||||||||||||||||||||||||||
deferred financing costs | 33,000,000 | 53,200,000 | 57,700,000 | 60,700,000 | 63,500,000 | 68,500,000 | 71,600,000 | 76,500,000 | 72,600,000 | 77,000,000 | ||||||||||||||||||||||||||||||||||||
accrued interest | 8,000,000 | 13,000,000 | 13,700,000 | 14,500,000 | 30,500,000 | 34,200,000 | ||||||||||||||||||||||||||||||||||||||||
shareholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||
class a common shares, 0.01 par value... | ||||||||||||||||||||||||||||||||||||||||||||||
class b common shares, 0.01 par value... | ||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income | 400,000 | 1,300,000 | 2,700,000 | 2,200,000 | ||||||||||||||||||||||||||||||||||||||||||
fair value of interest rate cap agreements | 700,000 | 900,000 | 2,400,000 | 2,200,000 | 600,000 | |||||||||||||||||||||||||||||||||||||||||
liabilities and shareholders’ deficit | ||||||||||||||||||||||||||||||||||||||||||||||
current maturities of long-term debt and capital leases | 201,000,000 | 21,000,000 | 22,600,000 | |||||||||||||||||||||||||||||||||||||||||||
fair value of interest rate swap agreements | 22,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
debt and capital leases | 3,865,000,000 | 4,071,000,000 | 4,226,000,000 | 4,124,700,000 | 4,270,500,000 | |||||||||||||||||||||||||||||||||||||||||
shareholders’ deficit: | ||||||||||||||||||||||||||||||||||||||||||||||
total shareholders’ deficit | -7,300,000 | -35,500,000 | -69,300,000 | -39,600,000 | -37,100,000 | |||||||||||||||||||||||||||||||||||||||||
total liabilities and shareholders’ deficit | 5,949,600,000 | 5,965,000,000 | 6,021,900,000 | 5,924,600,000 | 5,974,900,000 | |||||||||||||||||||||||||||||||||||||||||
accounts payable - trade | 760,400,000 | |||||||||||||||||||||||||||||||||||||||||||||
accounts payable - floorplan | 12,300,000 | |||||||||||||||||||||||||||||||||||||||||||||
accounts payable | 638,600,000 | 587,000,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2016-12-31 | 2016-03-31 | 2015-12-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities: | ||||||||||||||||||||||||||||||||||
net income | 235,400,000 | 279,500,000 | 291,000,000 | 271,200,000 | 224,900,000 | 264,200,000 | 316,400,000 | 281,100,000 | 216,100,000 | 296,100,000 | 230,100,000 | 287,200,000 | 297,800,000 | 279,300,000 | 250,200,000 | 215,300,000 | 266,600,000 | 274,100,000 | 232,600,000 | 238,300,000 | 193,200,000 | 189,100,000 | 167,900,000 | 103,200,000 | 77,800,000 | 89,300,000 | 33,300,000 | 38,000,000 | 36,800,000 | 10,900,000 | -4,200,000 | |||
adjustments to reconcile net income to net cash from operating activities: | ||||||||||||||||||||||||||||||||||
depreciation and amortization | 75,100,000 | 74,100,000 | 73,300,000 | 73,300,000 | 74,900,000 | 69,500,000 | 69,100,000 | 69,400,000 | 67,300,000 | 68,100,000 | 70,700,000 | 72,500,000 | 75,600,000 | 71,100,000 | 71,400,000 | 51,200,000 | 48,200,000 | 46,600,000 | 45,200,000 | 76,600,000 | 132,400,000 | 125,200,000 | 91,400,000 | 63,800,000 | 64,000,000 | 62,400,000 | 51,100,000 | 53,400,000 | 53,200,000 | 52,500,000 | 51,300,000 | 51,200,000 | 50,800,000 | 51,600,000 |
equity-based compensation expense | 22,100,000 | 12,500,000 | 27,100,000 | 23,500,000 | 20,500,000 | 13,900,000 | 2,700,000 | 28,700,000 | 19,400,000 | 22,100,000 | 20,800,000 | 19,700,000 | 26,800,000 | 23,500,000 | 21,100,000 | 19,300,000 | 16,900,000 | 20,600,000 | 15,800,000 | 16,500,000 | 11,600,000 | 5,600,000 | 8,800,000 | 11,100,000 | 8,400,000 | 11,200,000 | 4,100,000 | 6,500,000 | 5,800,000 | 5,700,000 | 7,200,000 | 4,200,000 | 4,100,000 | 4,000,000 |
deferred income taxes | -4,300,000 | 4,500,000 | 26,700,000 | -15,800,000 | -14,100,000 | 12,900,000 | -7,100,000 | -9,900,000 | -10,000,000 | -600,000 | -10,900,000 | -5,900,000 | -3,700,000 | -3,600,000 | -5,000,000 | 0 | -3,600,000 | 400,000 | -3,500,000 | -17,700,000 | -9,800,000 | 4,700,000 | 2,600,000 | -22,400,000 | -25,000,000 | -22,500,000 | -8,200,000 | -16,100,000 | -15,400,000 | -16,600,000 | -1,600,000 | 8,900,000 | -9,400,000 | -8,100,000 |
provision for credit losses | 5,600,000 | 10,700,000 | 10,600,000 | 7,600,000 | 8,300,000 | 15,100,000 | 7,300,000 | 5,600,000 | 4,200,000 | 6,200,000 | 1,700,000 | 2,900,000 | 2,000,000 | 1,700,000 | 1,900,000 | -1,300,000 | -4,700,000 | -1,300,000 | 500,000 | 3,300,000 | -2,100,000 | 29,200,000 | ||||||||||||
other | 1,000,000 | 7,800,000 | 1,000,000 | 100,000 | -1,700,000 | 800,000 | 400,000 | 1,400,000 | 1,500,000 | 6,100,000 | 3,400,000 | 3,100,000 | 4,000,000 | 4,300,000 | 4,800,000 | 9,300,000 | -2,400,000 | -33,600,000 | 2,600,000 | 3,700,000 | 31,600,000 | 5,400,000 | 1,400,000 | -100,000 | 0 | 200,000 | 700,000 | 0 | 0 | 0 | -600,000 | |||
changes in assets and liabilities: | ||||||||||||||||||||||||||||||||||
accounts receivable | -170,100,000 | -533,500,000 | -182,900,000 | -265,600,000 | -184,500,000 | -238,500,000 | -159,400,000 | -415,000,000 | 253,500,000 | -97,200,000 | 208,900,000 | 121,400,000 | -136,400,000 | 105,200,000 | -125,000,000 | -293,300,000 | -183,000,000 | -124,800,000 | -15,700,000 | 78,500,000 | -224,500,000 | 128,600,000 | -209,000,000 | -162,000,000 | 237,600,000 | -164,200,000 | 11,600,000 | -37,100,000 | -145,400,000 | 162,300,000 | 3,300,000 | -82,500,000 | -100,300,000 | 14,200,000 |
merchandise inventory | -257,600,000 | -58,600,000 | 254,100,000 | -35,200,000 | -112,100,000 | 71,600,000 | 47,200,000 | -54,000,000 | -3,700,000 | 42,900,000 | 22,000,000 | 128,000,000 | 93,600,000 | 20,600,000 | -130,300,000 | -63,500,000 | 40,400,000 | -143,300,000 | 15,400,000 | -37,200,000 | 55,100,000 | -22,900,000 | -66,400,000 | -3,900,000 | -68,200,000 | 23,300,000 | 32,200,000 | -25,200,000 | 25,100,000 | -25,000,000 | -6,500,000 | 33,500,000 | -40,200,000 | -15,800,000 |
other assets | -104,000,000 | -55,200,000 | -117,800,000 | -132,900,000 | -84,200,000 | -291,400,000 | -110,100,000 | -157,800,000 | -46,000,000 | -54,000,000 | 102,500,000 | 65,000,000 | -96,700,000 | -201,500,000 | 24,300,000 | -42,200,000 | -18,600,000 | -38,200,000 | -35,800,000 | 28,900,000 | -29,600,000 | 83,000,000 | -63,700,000 | 51,100,000 | 9,400,000 | 30,500,000 | 39,400,000 | 2,100,000 | -23,000,000 | -22,300,000 | 56,600,000 | 9,300,000 | -24,600,000 | 9,000,000 |
accounts payable-trade | 341,300,000 | 541,600,000 | -110,900,000 | 153,200,000 | 231,500,000 | 156,300,000 | 50,600,000 | 375,800,000 | -138,900,000 | 217,900,000 | -248,700,000 | -448,500,000 | -22,100,000 | 122,800,000 | 87,800,000 | 194,800,000 | 72,200,000 | 144,700,000 | -37,200,000 | 146,900,000 | 108,900,000 | -159,500,000 | 157,400,000 | 83,600,000 | 91,000,000 | -125,500,000 | -171,900,000 | 2,200,000 | 167,500,000 | 3,000,000 | ||||
other liabilities | 130,300,000 | 150,400,000 | 56,100,000 | 76,500,000 | 123,700,000 | 270,900,000 | 125,000,000 | 24,600,000 | 76,600,000 | 32,400,000 | -39,600,000 | -2,300,000 | 91,100,000 | -43,400,000 | 179,800,000 | 55,100,000 | 56,400,000 | -141,500,000 | 126,500,000 | 40,900,000 | -49,600,000 | -64,300,000 | 103,400,000 | |||||||||||
net cash from operating activities | 274,800,000 | 433,800,000 | 328,300,000 | 155,900,000 | 287,200,000 | 345,300,000 | 342,100,000 | 149,900,000 | 440,000,000 | 536,500,000 | 365,400,000 | 241,900,000 | 332,900,000 | 380,300,000 | 380,800,000 | 147,900,000 | 291,800,000 | 300,000 | 344,600,000 | 575,900,000 | 222,600,000 | 292,800,000 | 223,000,000 | 104,700,000 | 427,600,000 | -17,400,000 | -49,700,000 | 62,400,000 | 81,700,000 | 223,000,000 | 43,200,000 | -35,900,000 | 11,100,000 | 196,300,000 |
cash flows from investing activities: | ||||||||||||||||||||||||||||||||||
capital expenditures | -26,400,000 | -37,900,000 | -29,800,000 | -22,500,000 | -26,900,000 | -28,600,000 | -33,600,000 | -30,900,000 | -29,500,000 | -33,500,000 | -31,700,000 | -30,600,000 | -33,600,000 | -22,300,000 | -41,300,000 | -33,800,000 | -27,700,000 | -17,800,000 | -20,700,000 | -24,400,000 | -33,600,000 | -74,600,000 | -25,400,000 | -22,100,000 | -11,000,000 | -46,200,000 | -16,000,000 | -9,700,000 | -7,400,000 | -8,300,000 | -19,800,000 | -9,200,000 | -8,300,000 | -8,400,000 |
free cash flows | 248,400,000 | 395,900,000 | 298,500,000 | 133,400,000 | 260,300,000 | 316,700,000 | 308,500,000 | 119,000,000 | 410,500,000 | 503,000,000 | 333,700,000 | 211,300,000 | 299,300,000 | 358,000,000 | 339,500,000 | 114,100,000 | 264,100,000 | -17,500,000 | 323,900,000 | 551,500,000 | 189,000,000 | 218,200,000 | 197,600,000 | 82,600,000 | 416,600,000 | -63,600,000 | -65,700,000 | 52,700,000 | 74,300,000 | 214,700,000 | 23,400,000 | -45,100,000 | 2,800,000 | 187,900,000 |
acquisitions of businesses, net of cash acquired | -16,500,000 | 0 | 0 | -5,000,000 | -323,700,000 | 0 | 0 | -200,000 | -200,000 | -22,500,000 | -8,700,000 | 0 | -2,365,900,000 | |||||||||||||||||||||
net cash from investing activities | -30,900,000 | -54,500,000 | -29,900,000 | 186,500,000 | -31,900,000 | -353,700,000 | -244,900,000 | -30,900,000 | -29,700,000 | -54,200,000 | -39,300,000 | -33,600,000 | -50,300,000 | -41,300,000 | -2,399,700,000 | -155,800,000 | 19,500,000 | -233,600,000 | -28,900,000 | -72,100,000 | -74,600,000 | -25,400,000 | -22,400,000 | -11,000,000 | -46,200,000 | -16,300,000 | -9,700,000 | -7,400,000 | -8,300,000 | -19,800,000 | -9,700,000 | -10,300,000 | -16,200,000 | |
cash flows from financing activities: | ||||||||||||||||||||||||||||||||||
proceeds from borrowings under revolving credit facility | 651,500,000 | 308,300,000 | 703,000,000 | 386,600,000 | 375,000,000 | 777,300,000 | 702,300,000 | 491,800,000 | 0 | 56,500,000 | 0 | 243,000,000 | 781,000,000 | 6,700,000 | 63,400,000 | 209,500,000 | 33,000,000 | 0 | 108,000,000 | 148,000,000 | 305,000,000 | 235,000,000 | 448,000,000 | 307,000,000 | ||||||||||
repayments of borrowings under revolving credit facility | -651,500,000 | -308,300,000 | -703,000,000 | -386,600,000 | -49,100,000 | -374,800,000 | -777,300,000 | -895,200,000 | -50,000,000 | -405,500,000 | -619,500,000 | -6,700,000 | -63,400,000 | -209,500,000 | -33,000,000 | 0 | -108,000,000 | -148,000,000 | -310,100,000 | -390,000,000 | -464,700,000 | -318,400,000 | ||||||||||||
net change in accounts payable-inventory financing | 3,000,000 | 21,600,000 | -89,400,000 | 76,700,000 | -11,500,000 | -1,800,000 | -47,200,000 | 19,400,000 | -46,100,000 | -189,100,000 | 77,600,000 | 38,000,000 | 26,700,000 | -106,800,000 | 126,700,000 | 21,900,000 | -33,600,000 | 30,200,000 | -180,300,000 | -139,500,000 | 180,200,000 | 133,700,000 | -81,400,000 | 104,400,000 | -66,500,000 | 73,300,000 | 15,100,000 | -19,100,000 | 48,500,000 | -74,000,000 | ||||
repurchases of common stock | -201,000,000 | -153,000,000 | -149,900,000 | -150,000,000 | -200,100,000 | -146,000,000 | -100,000,000 | -201,900,000 | -52,100,000 | -50,000,000 | -200,000,000 | -315,100,000 | -450,000,000 | -376,900,000 | -358,400,000 | -199,800,000 | 0 | 0 | -140,800,000 | -12,400,000 | -118,000,000 | |||||||||||||
proceeds from stock option exercises | 2,600,000 | 2,500,000 | 1,800,000 | 19,300,000 | 5,900,000 | 5,400,000 | 6,600,000 | 6,100,000 | 28,900,000 | 16,800,000 | 12,800,000 | 9,500,000 | 5,600,000 | 6,800,000 | 8,300,000 | 9,200,000 | 18,900,000 | 4,100,000 | 37,700,000 | 1,400,000 | 1,200,000 | 700,000 | ||||||||||||
payment of incentive compensation plan withholding taxes | -10,400,000 | -4,100,000 | -1,100,000 | -2,300,000 | -18,600,000 | -5,400,000 | -2,100,000 | -800,000 | -29,900,000 | -1,400,000 | -31,600,000 | -1,200,000 | -1,300,000 | -200,000 | -20,400,000 | -100,000 | -600,000 | 0 | -27,800,000 | -400,000 | -200,000 | 0 | -21,900,000 | |||||||||||
dividend payments | -81,100,000 | -81,700,000 | -81,800,000 | -82,300,000 | -82,800,000 | -83,100,000 | -82,700,000 | -83,000,000 | -83,300,000 | -83,100,000 | -79,900,000 | -79,900,000 | -67,700,000 | -67,500,000 | -67,500,000 | -67,700,000 | -54,800,000 | -55,800,000 | -56,500,000 | -57,200,000 | -54,100,000 | -54,100,000 | -54,200,000 | |||||||||||
net cash from financing activities | -273,200,000 | -215,800,000 | -319,500,000 | -355,100,000 | -294,100,000 | -416,200,000 | 178,900,000 | -257,000,000 | -192,600,000 | -359,000,000 | -348,200,000 | -271,700,000 | -455,500,000 | -166,800,000 | -208,100,000 | 2,264,600,000 | -389,300,000 | -399,000,000 | -643,500,000 | -392,900,000 | 137,400,000 | 524,300,000 | -130,000,000 | 66,300,000 | -206,400,000 | 3,400,000 | -88,700,000 | -19,200,000 | 48,300,000 | -278,400,000 | 49,500,000 | 28,400,000 | -29,800,000 | -143,500,000 |
effect of exchange rate changes on cash, cash equivalents, and restricted cash | -9,700,000 | 6,700,000 | ||||||||||||||||||||||||||||||||
net decrease in cash, cash equivalents, and restricted cash | -39,000,000 | |||||||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash—beginning of period | 618,900,000 | 507,700,000 | ||||||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash—end of period | 579,900,000 | 475,600,000 | ||||||||||||||||||||||||||||||||
supplementary disclosure of cash flow information: | ||||||||||||||||||||||||||||||||||
interest paid | -51,800,000 | -61,200,000 | -52,700,000 | -66,500,000 | -53,900,000 | -70,600,000 | -32,700,000 | -91,700,000 | -22,500,000 | -92,000,000 | -24,900,000 | -92,700,000 | -25,200,000 | -88,900,000 | -17,500,000 | -49,200,000 | -18,700,000 | -47,200,000 | -19,200,000 | -48,900,000 | -23,300,000 | -38,600,000 | -28,600,000 | -29,200,000 | ||||||||||
income taxes paid | -17,300,000 | -130,400,000 | -32,300,000 | -144,400,000 | -18,900,000 | -119,500,000 | -131,500,000 | -130,800,000 | -16,800,000 | -116,300,000 | 21,500,000 | -87,700,000 | -113,600,000 | -149,400,000 | -11,500,000 | -86,600,000 | -106,800,000 | -147,500,000 | -10,100,000 | -49,200,000 | ||||||||||||||
cash flows from operating activities | ||||||||||||||||||||||||||||||||||
cash flows from investing activities | ||||||||||||||||||||||||||||||||||
net change in short-term investments | ||||||||||||||||||||||||||||||||||
cash flows from financing activities | ||||||||||||||||||||||||||||||||||
proceeds from borrowings under revolving credit facilities | ||||||||||||||||||||||||||||||||||
repayments of borrowings under revolving credit facilities | ||||||||||||||||||||||||||||||||||
proceeds from issuance of long-term debt | 0 | 0 | 700,000,000 | 0 | 0 | 0 | 0 | |||||||||||||||||||||||||||
repayments of long-term debt | 0 | 0 | -50,000,000 | 0 | -35,500,000 | -3,600,000 | -6,700,000 | -6,700,000 | 0 | |||||||||||||||||||||||||
payments to extinguish long-term debt | -183,600,000 | -1,412,700,000 | 0 | 0 | -56,500,000 | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||||||||||
effect of exchange rate changes on cash, cash equivalents and restricted cash | 2,300,000 | -7,000,000 | -7,200,000 | |||||||||||||||||||||||||||||||
net increase in cash, cash equivalents and restricted cash | 165,800,000 | -28,100,000 | 60,400,000 | |||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash – beginning of period | ||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash – end of period | ||||||||||||||||||||||||||||||||||
purchases of short-term investments | 0 | |||||||||||||||||||||||||||||||||
proceeds from short-term investments | 0 | |||||||||||||||||||||||||||||||||
payments of debt issuance costs | -500,000 | |||||||||||||||||||||||||||||||||
proceeds from receivable financing liability | 0 | 0 | 14,000,000 | |||||||||||||||||||||||||||||||
repayments of receivable financing liability | -4,900,000 | -10,100,000 | -5,200,000 | -6,800,000 | -10,700,000 | -5,200,000 | -13,900,000 | -7,800,000 | -31,500,000 | -9,900,000 | -24,500,000 | -5,700,000 | -28,700,000 | |||||||||||||||||||||
cash, cash equivalents and restricted cash—beginning of period | 0 | 154,000,000 | ||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash—end of period | -28,100,000 | 214,400,000 | ||||||||||||||||||||||||||||||||
net increase in cash, cash equivalents, and restricted cash | -32,100,000 | |||||||||||||||||||||||||||||||||
effect of exchange rate changes on cash and cash equivalents | 5,300,000 | -500,000 | -2,600,000 | 4,200,000 | 1,200,000 | -300,000 | -800,000 | -8,500,000 | -2,600,000 | 200,000 | -2,800,000 | 1,800,000 | 900,000 | 6,600,000 | 3,200,000 | -3,200,000 | 400,000 | 300,000 | -400,000 | 800,000 | -400,000 | 300,000 | -1,500,000 | -100,000 | 500,000 | |||||||||
net increase in cash and cash equivalents | 281,400,000 | -138,500,000 | 215,100,000 | 148,000,000 | -35,800,000 | -69,400,000 | -157,000,000 | 154,700,000 | 128,800,000 | 13,000,000 | -256,100,000 | -377,400,000 | -531,600,000 | 160,700,000 | 291,100,000 | 145,400,000 | 210,600,000 | -59,900,000 | -155,100,000 | 34,300,000 | 122,200,000 | -63,400,000 | -29,100,000 | 37,100,000 | ||||||||||
cash and cash equivalents—beginning of period | 0 | 0 | 588,700,000 | 315,200,000 | 0 | 0 | 258,100,000 | 0 | 0 | 1,410,200,000 | 0 | 37,600,000 | ||||||||||||||||||||||
cash and cash equivalents—end of period | 281,400,000 | -138,500,000 | 803,800,000 | 279,400,000 | -157,000,000 | 154,700,000 | 386,900,000 | -256,100,000 | -377,400,000 | 878,600,000 | 291,100,000 | 248,200,000 | 34,300,000 | 122,200,000 | 36,500,000 | |||||||||||||||||||
benefit from credit losses | ||||||||||||||||||||||||||||||||||
proceeds from the sale of equity method investment | 0 | 0 | ||||||||||||||||||||||||||||||||
net cash (used in) investing activities | ||||||||||||||||||||||||||||||||||
repayments of debt | -200,000,000 | |||||||||||||||||||||||||||||||||
payments to extinguish debt | ||||||||||||||||||||||||||||||||||
payments of debt financing fees | ||||||||||||||||||||||||||||||||||
financing payments for revenue generating assets | 0 | 0 | -3,200,000 | -42,900,000 | ||||||||||||||||||||||||||||||
cash and cash equivalents – beginning of period | 0 | 36,600,000 | ||||||||||||||||||||||||||||||||
cash and cash equivalents – end of period | -29,100,000 | 73,700,000 | ||||||||||||||||||||||||||||||||
acquisition of business, net of cash acquired | 1,300,000 | -212,900,000 | 0 | |||||||||||||||||||||||||||||||
acquisition of businesses, net of cash acquired | ||||||||||||||||||||||||||||||||||
taxes paid | -11,600,000 | -9,900,000 | -82,200,000 | |||||||||||||||||||||||||||||||
cash flows used in investing activities: | ||||||||||||||||||||||||||||||||||
cash flows used in financing activities: | ||||||||||||||||||||||||||||||||||
net income on extinguishments of long-term debt | ||||||||||||||||||||||||||||||||||
premium payments on interest rate cap agreements | -300,000 | 0 | 0 | -500,000 | -2,000,000 | -1,200,000 | ||||||||||||||||||||||||||||
dividends | -18,000,000 | |||||||||||||||||||||||||||||||||
net loss on extinguishments of long-term debt | 0 | 7,800,000 | 0 | 0 | 9,400,000 | 0 | 0 | 115,700,000 | 3,200,000 | |||||||||||||||||||||||||
proceeds from coworker stock purchase plan | 2,400,000 | 1,900,000 | 2,200,000 | |||||||||||||||||||||||||||||||
net decrease in cash and cash equivalents | ||||||||||||||||||||||||||||||||||
amortization of deferred financing costs, debt premium and debt discount | 2,100,000 | 1,600,000 | ||||||||||||||||||||||||||||||||
loss from equity investments | ||||||||||||||||||||||||||||||||||
gain on remeasurement of equity investment | 0 | |||||||||||||||||||||||||||||||||
mark-to-market loss on interest rate cap agreements | ||||||||||||||||||||||||||||||||||
other current liabilities | -17,200,000 | 38,000,000 | 64,600,000 | -50,900,000 | 34,900,000 | -26,200,000 | 38,300,000 | -42,200,000 | 68,000,000 | -65,700,000 | 61,400,000 | |||||||||||||||||||||||
long-term liabilities | -2,000,000 | -7,000,000 | 12,500,000 | -1,100,000 | 900,000 | 700,000 | -1,500,000 | -200,000 | -4,900,000 | -12,800,000 | 1,900,000 | |||||||||||||||||||||||
payment for equity investment | ||||||||||||||||||||||||||||||||||
payment of accrued charitable contribution related to the mpk coworker incentive plan ii | ||||||||||||||||||||||||||||||||||
net change in other long-term obligation | 0 | |||||||||||||||||||||||||||||||||
payments of debt financing costs | 0 | 0 | 0 | 0 | -200,000 | -1,900,000 | 0 | 0 | ||||||||||||||||||||||||||
dividends paid | -18,300,000 | |||||||||||||||||||||||||||||||||
excess tax benefits from equity-based compensation | 200,000 | 200,000 | ||||||||||||||||||||||||||||||||
principal payments under capital lease obligations | -300,000 | |||||||||||||||||||||||||||||||||
income from equity investment | ||||||||||||||||||||||||||||||||||
cash paid for interest | -44,100,000 | |||||||||||||||||||||||||||||||||
cash paid for income taxes | -6,800,000 | |||||||||||||||||||||||||||||||||
loss (income) from equity investments | ||||||||||||||||||||||||||||||||||
proceeds from issuance of common stock | ||||||||||||||||||||||||||||||||||
allowance for doubtful accounts | 400,000 | -500,000 | 0 | |||||||||||||||||||||||||||||||
amortization of deferred financing costs, debt premium, and debt discount | ||||||||||||||||||||||||||||||||||
loss from equity investment | ||||||||||||||||||||||||||||||||||
shares repurchased | ||||||||||||||||||||||||||||||||||
amortization of deferred financing costs and debt premium | 2,800,000 | 2,800,000 | 2,800,000 | 5,200,000 | ||||||||||||||||||||||||||||||
realized loss on interest rate swap agreements | 0 | 0 | 0 | 2,800,000 | ||||||||||||||||||||||||||||||
mark to market loss on interest rate derivatives | 200,000 | 2,000,000 | 1,800,000 | 200,000 | ||||||||||||||||||||||||||||||
net loss on sale and disposals of assets | ||||||||||||||||||||||||||||||||||
cash settlements on interest rate swap agreements | 0 | 0 | 0 | -6,600,000 | ||||||||||||||||||||||||||||||
proceeds from sale of assets and other | ||||||||||||||||||||||||||||||||||
investment from cdw holdings llc | 0 | 0 | ||||||||||||||||||||||||||||||||
repurchase of class b common shares | -300,000 | -100,000 | 0 | -300,000 | -200,000 | 0 | ||||||||||||||||||||||||||||
interest paid, including cash settlements on interest rate swap agreements | -27,700,000 | |||||||||||||||||||||||||||||||||
taxes (paid) refunded | -41,300,000 | -43,500,000 | -38,100,000 | -300,000 | ||||||||||||||||||||||||||||||
non-cash investing and financing activities: | ||||||||||||||||||||||||||||||||||
capital expenditures accrued in accounts payable-trade | ||||||||||||||||||||||||||||||||||
repayments of senior secured term loan facility | 0 | 0 | -201,000,000 | |||||||||||||||||||||||||||||||
proceeds from issuance of senior notes | 0 | 0 | 135,700,000 | |||||||||||||||||||||||||||||||
payments to extinguish senior notes | 0 | 0 | -136,900,000 | |||||||||||||||||||||||||||||||
interest paid, net, including cash settlements on interest rate swap agreements | -14,200,000 | -135,100,000 | -16,300,000 | -18,400,000 | ||||||||||||||||||||||||||||||
cash and cash equivalents— beginning of period | 0 | 99,900,000 | ||||||||||||||||||||||||||||||||
goodwill impairment | ||||||||||||||||||||||||||||||||||
amortization of deferred financing costs | 3,200,000 | 4,800,000 | 3,700,000 | 4,000,000 | ||||||||||||||||||||||||||||||
purchases of marketable securities | ||||||||||||||||||||||||||||||||||
redemptions of marketable securities | ||||||||||||||||||||||||||||||||||
taxes refunded (paid) | -20,900,000 | 6,800,000 | ||||||||||||||||||||||||||||||||
investment in equity method investee | ||||||||||||||||||||||||||||||||||
net loss | 37,100,000 | |||||||||||||||||||||||||||||||||
adjustments to reconcile net loss to net cash from operating activities: | ||||||||||||||||||||||||||||||||||
accounts payable | -167,500,000 | 121,900,000 | 72,700,000 | |||||||||||||||||||||||||||||||
net advances under inventory financing arrangements | ||||||||||||||||||||||||||||||||||
repayments under senior secured term loan facility | 0 | -132,000,000 | ||||||||||||||||||||||||||||||||
net advances under floorplan | ||||||||||||||||||||||||||||||||||
payments of deferred financing costs | -100,000 | |||||||||||||||||||||||||||||||||
taxes refunded | 36,400,000 | |||||||||||||||||||||||||||||||||
mark to market loss on interest rate cap agreements | ||||||||||||||||||||||||||||||||||
gain on extinguishment of long-term debt | ||||||||||||||||||||||||||||||||||
gain on sale of assets | ||||||||||||||||||||||||||||||||||
purchases of held-to-maturity securities | ||||||||||||||||||||||||||||||||||
proceeds from sale of assets |

