Anixter International Inc. Financial Statement Analysis
SCHEDULE I
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ANIXTER INTERNATIONAL INC.
CONDENSED FINANCIAL INFORMATION OF REGISTRANT
ANIXTER INTERNATIONAL INC. (PARENT COMPANY)
STATEMENTS OF CASH FLOWS
(In millions)
Operating activities:
Net income
Adjustments to reconcile net income to net cash used in operating
activities:
January 3,
2020
Years Ended
December 28,
2018
December 29,
2017
$
262.9 $
156.3 $
109.0
Equity in earnings of subsidiaries
(260.2)
(154.1)
(108.0)
Dividend from subsidiary
7.8
8.0
3.7
Stock-based compensation
2.8
2.4
2.5
Income tax expense
0.7
0.7
0.6
Intercompany transactions
(17.3)
(14.7)
(13.2)
Changes in assets and liabilities, net
(0.1)
(0.1)
(0.1)
Net cash used in operating activities
(3.4)
(1.5)
(5.5)
Investing activities:
Other
(1.0)
Net cash used in investing activities
(1.0)
Financing activities:
Proceeds from stock options exercised
Loans from subsidiaries, net
Other, net
Net cash provided by financing activities
Increase in cash and cash equivalents
4.7
1.5
5.0
0.7
(0.2)
4.7
1.5
5.5
0.3
Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period
0.2
0.2
0.2
$
0.5 $
0.2 $
0.2
See accompanying note to the condensed financial information of registrant.
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