PAYX Cash Flow Statement

Click line-items for a historical chart and %
Operating activities
Net income 445.5M
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization on property and equipment and intangible assets
Amortization of premiums and discounts on available-for-sale securities 41.4M
Stock-based compensation costs 16.9M
Provision for/(benefit from) deferred income taxes -4.8M
Provision for allowance for doubtful accounts 800K
Provision for litigation reserve
Net realized gains on sales of available-for-sale securities
Changes in operating assets and liabilities:
Interest receivable 5.3M
Accounts receivable 17.4M
Prepaid expenses and other current assets 5.2M
Accounts payable and other current liabilities -2.4M
Net change in other assets and liabilities 8.7M
Net cash provided by operating activities 606.4M
Investing activities
Purchases of available-for-sale securities -18.66B
Proceeds from sales and maturities of available-for-sale securities 16.79B
Net change in funds held for clients' money market securities and other cash equivalents 787.8M
Purchases of property and equipment -74.2M
Proceeds from sale of property and equipment
Acquisition of businesses, net of cash acquired -21.3M
Proceeds from sale of business
Purchases of other assets -5.1M
Net cash (used in)/provided by investing activities -1.18B
Financing activities
Net change in client fund obligations 1.02B
Dividends paid -476.7M
Proceeds from and excess tax benefit related to stock-based awards
Net cash used in financing activities 560.8M
(Decrease)/increase in cash and cash equivalents -8.4M
Cash and cash equivalents, beginning of fiscal year 108.8M
Cash and cash equivalents, end of fiscal year 100.4M

Entities mentioned with PAYX

View All Entities