CNXN: the cash flow

MyFinsight

For the year ending 2025-12-31, CNXN had $14,903K increase in cash & cash equivalents over the period. $58,049K in free cash flow.

Cash Flow	2025-12-31
Net income	83,722
Depreciation and amortization	11,703
Adjustments to credit losses reserve	1,861
Stock-based compensation expense	9,343
Deferred income taxes	4,840
Gain on sale of short-term investments	76
Loss on disposal of fixed assets	-44
Accounts receivable	38,448
Inventories	48,513
Prepaid expenses and other current assets	4,300
Other non-current assets	4,087
Accounts payable	38,075
Accrued expenses and other liabilities	10,705
Net cash provided by operating activities	65,438
Purchases of short-term investments	264,139
Proceeds from sale of short-term investments	108,763
Maturities of short-term investments	205,599
Purchases of property and equipment	7,389
Net cash provided by (used in) investing activities	42,834
Proceeds from short-term borrowings	732
Repayment of short-term borrowings	732
Purchase of treasury shares	76,265
Payments for excise tax on treasury purchases	36
Dividend payments	15,298
Issuance of stock under employee stock purchase plan	1,234
Payment of payroll taxes on stock-based compensation through shares withheld	3,004
Net cash used in financing activities	-93,369
Increase in cash and cash equivalents	14,903
Cash and cash equivalents, beginning of year	178,318
Cash and cash equivalents, end of year	193,221

Unit: Thousand (K) dollars (except for numbers of shares and EPS).