MANHATTAN ASSOCIATES INC
For the period ended Dec 31, 2023. Filed Feb 6, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 6, 2024
MANH$257.54+2.3%Stored close · as of Nov 10, 2026
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Item 8. Consolidated Statements of Cash Flows
Consol idated Statements of Cash Flows
(in thousands)
| Year Ended December 31, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| Operating activities: | |||
| Net income | $176,568 | $128,959 | $110,472 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation and amortization | 5,752 | 6,663 | 7,914 |
| Equity-based compensation | 71,571 | 59,361 | 43,259 |
| Loss (gain) on disposal of equipment | 57 | (89) | 7 |
| Deferred income taxes | (28,844) | (29,711) | (1,912) |
| Unrealized foreign currency loss (gain) | 1,280 | (1,515) | (493) |
| Changes in operating assets and liabilities: | |||
| Accounts receivable, net | (13,084) | (44,056) | (16,650) |
| Other assets | (10,925) | (10,247) | (6,533) |
| Accounts payable, accrued and other liabilities | 18,123 | 11,794 | 12,256 |
| Income taxes | (1,416) | 765 | (3,667) |
| Deferred revenue | 27,136 | 57,706 | 40,530 |
| Net cash provided by operating activities | 246,218 | 179,630 | 185,183 |
| Investing activities: | |||
| Purchases of property and equipment | (4,730) | (6,587) | (4,016) |
| Net cash used in investing activities | (4,730) | (6,587) | (4,016) |
| Financing activities: | |||
| Purchase of common stock | (196,047) | (204,460) | (120,418) |
| Net cash used in financing activities | (196,047) | (204,460) | (120,418) |
| Foreign currency impact on cash | (163) | (6,826) | (1,748) |
| Net change in cash and cash equivalents | 45,278 | (38,243) | 59,001 |
| Cash and cash equivalents at beginning of period | 225,463 | 263,706 | 204,705 |
| Cash and cash equivalents at end of period | $270,741 | $225,463 | $263,706 |
| $ · - · $ · - · $ · - | |||
| Supplemental disclosures of cash flow information: | |||
| Cash paid for taxes | $67,376 | $58,022 | $29,162 |
The accompanying notes are an integral part of these Consolidated Statements of Cash Flows.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.