SCANSOURCE, INC. 10-Q

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds Purchases of Equity Securities by the Issuer The following table presents the share-repurchase activity for the quarter ended March 31, 2023: Period Total number of shares purchased (1) Average price paid per share Total number of shares purchased as part of the publicly announced plan or program Approximate dollar value of shares that may yet be purchased under the plan or program January 1 - 31, 2023 — — — $ 81,814,854 February 1 - 28, 2023 267,202 $ 31.03 267,202 $ 73,523,576 March 1 - 31, 2023 92,449 $ 29.37 89,267 $ 70,901,804 Total 359,651 356,469 44 Table of Contents (1) Includes 3,182 shares withheld from employees' stock-based awards to satisfy required tax withholding obligations for the months of January through March 2023. In August 2021, our Board of Directors authorized a $100 million share repurchase program. The authorization does not have any time limit. Dividends We have never declared or paid a cash dividend. Under the terms of our credit facility, the payment of cash dividends is restricted. 45 Table of Contents Item 6. Exhibits Exhibit Number Description 10.1 Amendment No. 18 to Cisco Nonexclusive Value Added Distributor Agreement 10.2 Amendment No. 19 to Cisco Nonexclusive Value Added Distributor Agreement 31.1 Certification of the Chief Executive Officer, Pursuant to Rule 13a-14(a)/15d-14(a) of the Securities Exchange Act of 1934, as amended, as Adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. 31.2 Certification of the Chief Financial Officer, Pursuant to Rule 13a-14(a)/15d-14(a) of the Securities Exchange Act of 1934, as amended, as Adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. 32.1 Certification of the Chief Executive Officer, Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. 32.2 Certification of the Chief Financial Officer, Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. 101 The following materials from our Quarterly Report on Form 10-Q for the quarter ended March 31, 2023, formatted in Inline XBRL (eXtensible Business Reporting Language): (i) the Condensed Consolidated Balance Sheets at March 31, 2023 and June 30, 2022; (ii) the Condensed Consolidated Income Statements for the quarters and nine months ended March 31, 2023 and 2022; (iii) the Condensed Consolidated Statements of Comprehensive (Loss) Income for the quarters and nine months ended March 31, 2023 and 2022; (iv) the Condensed Consolidated Statements of Shareholder's Equity at March 31, 2023 and 2022; (v) the Condensed Consolidated Statements of Cash Flows for the nine months ended March 31, 2023 and 2022; and (vi) the Notes to the Condensed Consolidated Financial Statements. The instance document does not appear in the Interactive Data File because XBRL tags are embedded within the Inline XBRL 104 Cover page Inline XBRL File (Included in Exhibit 101) 46 Table of Contents SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. ScanSource, Inc. Date: May 9, 2023 /s/ MICHAEL L. BAUR Michael L. Baur Chairman and Chief Executive Officer (Principal Executive Officer) Date: May 9, 2023 /s/ STEVE JONES Steve Jones Senior Executive Vice President and Chief Financial Officer (Principal Financial Officer) 47