Aaron’s, inc. (AAN)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10
OPERATING ACTIVITIES:
OPERATING ACTIVITIES:
Net Income (Loss) Attributable to Parent

-304,611

31,472

200,272

204,191

200,042

196,210

312,027

293,648

291,482

292,536

136,607

140,730

142,896

139,283

139,378

134,108

136,153

135,709

136,077

121,178

89,137

78,233

78,813

90,656

108,005

120,666

134,624

142,427

152,817

173,043

166,945

166,049

140,604

113,767

114,020

112,154

125,790

118,376

0

0

0

Adjustments to Reconcile Net (Loss) Earnings to Cash Provided by Operating Activities:
Depreciation of Lease Merchandise

2,068,945

1,972,358

1,902,776

1,848,170

1,788,716

1,727,904

1,665,674

1,596,657

1,526,641

1,448,631

1,389,869

1,341,420

1,317,991

1,304,295

1,287,665

1,272,567

1,244,960

1,212,644

1,183,565

1,142,355

1,080,708

932,634

813,635

707,311

628,494

628,089

620,102

616,390

610,898

601,552

589,784

575,728

561,907

547,839

539,930

525,895

516,118

504,105

0

0

0

Other Depreciation and Amortization

103,766

105,061

104,839

103,421

98,597

94,150

90,028

86,861

84,047

82,572

82,060

81,724

82,275

82,378

82,136

81,403

81,002

80,203

82,172

87,336

91,483

85,600

77,534

66,685

57,065

57,016

56,478

58,784

57,345

56,783

57,301

53,008

51,714

52,832

49,821

49,365

48,466

45,427

0

0

0

Accounts Receivable Provision

344,810

322,963

307,933

292,622

279,865

268,088

250,010

234,360

218,712

203,389

190,385

175,061

169,544

167,923

164,893

170,285

167,694

163,111

155,012

138,320

124,656

99,283

72,378

48,948

35,715

35,894

34,041

34,161

32,516

31,842

30,549

27,126

25,809

25,402

0

0

0

-

-

-

-

Provision for Credit Losses on Loans Receivable

30,134

21,667

20,343

20,746

20,826

21,063

21,844

21,383

21,722

20,973

18,930

16,170

13,196

11,251

8,398

5,148

2,735

937

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock-Based Compensation

24,618

26,548

26,650

27,270

27,212

28,182

29,307

30,838

30,645

27,400

25,864

22,729

21,215

21,470

18,963

17,884

16,676

14,163

12,799

15,276

13,087

10,863

8,805

3,717

1,532

2,342

3,471

5,160

7,035

6,454

9,856

8,181

8,329

8,385

4,935

4,798

4,666

4,759

0

0

0

Loss (Gain) on Sale of Property, Plant, and Equipment and Assets Held for Sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,410

-1,172

-1,167

-1,172

-4,030

-3,119

-2,749

-2,441

0

0

0

Gain on Asset Dispositions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,045

0

0

0

-

-

-

-

Deferred Income Taxes

51,162

-49,967

-46,940

-28,603

-36,019

-48,359

12,065

3,433

27,958

59,201

18,332

41,724

44,820

35,162

-111,292

-100,196

-72,986

-38,970

21,903

14,469

12,420

7,157

108,455

90,988

61,513

36,763

4,755

14,223

23,181

23,241

24,770

-10,057

-34,056

-59,449

-87,245

-117,220

-97,564

-63,843

0

0

0

Impairment of Goodwill and Other Assets

485,882

30,344

29,031

26,267

30,590

20,098

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-Cash Lease Expense

112,274

114,934

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Excess Tax Benefits From Stock-Based Compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,330

2,092

2,259

1,264

699

785

420

321

0

0

0

Other Changes, Net

9,930

9,886

-2,850

4,512

301

2,198

7,840

3,213

5,322

5,932

-1,557

906

-2,441

2,751

4,657

7,282

10,318

4,467

3,632

1,645

-1,799

-2,214

-2,222

-84

205

-3,996

-6,903

-5,238

-5,418

-1,201

2,803

2,069

2,858

1,693

358

-2,524

-418

-270

0

0

0

Changes in Operating Assets and Liabilities, Net of Effects of Acquisitions and Dispositions:
Additions to Lease Merchandise

2,461,473

2,484,755

2,374,847

2,341,671

2,300,680

2,234,646

2,170,761

2,105,157

2,040,137

1,976,012

1,868,855

1,730,989

1,617,612

1,615,064

1,675,682

1,763,627

1,817,591

1,775,479

1,693,290

1,626,255

1,594,395

1,465,501

1,261,547

1,080,831

971,688

964,072

1,046,275

1,116,778

1,155,078

1,162,703

1,144,502

1,121,882

1,039,238

1,024,602

1,043,948

1,005,906

995,268

1,034,474

0

0

0

Book Value of Lease Merchandise Sold or Disposed

418,465

401,960

407,793

395,121

398,208

398,748

398,700

412,719

412,587

415,607

428,712

425,651

420,828

433,464

467,935

484,454

500,567

510,657

493,160

485,340

477,039

456,713

442,170

431,741

425,652

425,673

438,942

441,547

448,002

469,897

460,620

462,438

450,523

433,433

419,991

408,433

403,295

400,304

0

0

0

Accounts Receivable

349,589

331,636

314,748

299,615

287,764

270,888

250,089

235,251

208,508

208,947

197,509

175,432

177,456

149,826

165,997

161,778

156,547

173,159

154,491

155,243

139,105

110,269

74,895

42,300

26,839

30,419

26,091

23,094

10,841

18,528

26,859

34,436

49,045

43,211

52,034

43,908

28,118

27,555

0

0

0

Prepaid Expenses and Other Assets

18,063

25,860

7,054

-7,021

-13,475

-5,903

-12,561

-8,364

512

-2,711

48,379

49,271

43,560

-1,229

1,715

-2,131

194

35,649

2,539

1,480

-1,559

5,332

1,458

-953

5,325

1,349

-1,860

6,988

534

9,263

9,403

6,975

6,693

4,317

8,488

6,290

5,649

4,320

0

0

0

Income Tax Receivable

49,426

-10,458

-13,793

-33,860

-18,408

-70,875

7,244

33,146

23,137

88,139

8,875

-1,749

-21,362

-167,290

-120

1,966

22,509

54,351

-205

2,303

2,795

117,894

3,264

-3,972

-1,749

-22,688

6,043

9,464

1,856

22,379

-5,000

-4,952

1

-79,762

-51,960

-1,206

-3,336

82,378

0

0

0

Operating Lease Liabilities

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts Payable and Accrued Expenses

-21,547

20,183

-22,603

-5,667

-623

-20,367

-16,229

-21,961

-36,799

-2,736

53,966

43,762

62,474

-49,186

-12,825

-44,458

-54,804

69,218

-1,703

13,038

-13,697

-12,788

8,236

12,732

41,540

16,893

-26,639

-13,487

-51,535

-4,635

33,988

45,695

77,389

18,885

41,373

11,105

-6,025

33,346

0

0

0

Accrued Regulatory Expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-4,737

-11,280

-17,500

-23,780

-22,463

-15,920

-10,900

-4,620

-1,200

0

0

0

-

-

-

-

-41,720

0

0

0

-

-

-

-

-

-

-

-

Customer Deposits and Advance Payments

434

10,791

5,261

2,998

4,158

5,017

0

0

0

-

-

-

4,990

-4,621

7,405

2,123

1,204

7,508

3,497

4,395

7,888

5,639

2,325

1,490

-746

-617

-433

-6,574

-4,777

1,451

-1,040

11,069

10,327

4,358

7,768

3,167

3,595

2,015

0

0

0

Cash Provided by Operating Activities

380,207

317,185

344,263

334,357

324,660

356,498

341,857

310,307

251,532

159,135

185,722

257,361

375,764

467,236

416,029

273,688

138,234

167,552

173,009

194,943

120,324

-48,962

55,299

167,570

261,836

308,437

217,591

129,331

67,378

59,754

98,261

152,796

257,490

307,195

295,521

257,311

196,799

49,261

0

0

0

INVESTING ACTIVITIES:
Purchase of Investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

74,845

77,159

50,844

82,775

91,000

0

0

0

-

-

-

-

-

-

-

-

Investments in Loans Receivable

77,817

70,313

64,914

62,623

64,809

64,914

69,220

72,609

74,392

77,951

76,192

73,536

72,348

72,897

66,447

48,200

30,406

11,700

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from Loans Receivable

53,644

53,170

53,735

54,898

56,675

57,328

58,295

58,738

58,360

59,641

59,532

60,556

62,520

64,739

65,780

50,447

33,846

15,211

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from Investments

-

-

-

-

-

3,066

3,324

3,324

3,324

2,658

0

0

0

-

-

-

-

-

-

-

-

89,993

100,014

45,514

46,529

47,930

69,409

112,348

106,838

102,118

0

0

0

-

-

-

-

-

-

-

-

Outflows on Purchases of Property, Plant and Equipment

92,743

92,963

92,967

94,119

85,398

78,845

68,795

63,936

62,715

57,973

53,638

53,320

55,877

57,453

69,059

69,691

64,887

60,557

47,762

44,727

41,864

47,565

52,374

52,950

56,331

58,145

62,785

67,141

66,988

65,073

67,540

69,059

77,794

78,211

79,573

81,184

87,195

87,636

0

0

0

Proceeds from Property, Plant and Equipment

14,485

14,090

6,508

6,267

6,971

9,191

8,044

9,798

11,356

12,705

10,059

8,192

8,391

19,393

21,057

23,253

21,570

7,515

8,616

5,855

5,658

6,032

4,796

5,588

5,553

6,841

8,666

8,948

8,204

6,790

7,295

7,851

10,003

11,481

21,766

20,360

29,269

53,399

0

0

0

Outflows on Acquisitions of Businesses and Customer Agreements, Net of Cash Acquired

11,685

14,300

61,694

183,111

188,596

189,900

144,401

159,061

149,794

145,600

142,369

10,370

10,342

9,762

66,125

64,353

69,672

73,295

21,585

37,329

703,172

700,509

696,194

680,974

10,563

10,898

13,711

10,047

26,181

30,799

25,329

53,576

36,473

32,176

34,820

6,981

14,207

17,891

0

0

0

Proceeds from Dispositions of Businesses and Customer Agreements, Net of Cash Disposed

2,058

2,813

2,953

1,379

1,553

942

813

511

1,214

1,141

734

1,879

36,002

35,899

36,295

40,614

13,944

13,976

14,728

9,082

3,230

16,525

15,785

17,936

15,458

2,163

0

0

0

-

-

-

-

7,282

0

0

0

-

-

-

-

Cash Used in Investing Activities

-110,831

-106,276

-153,980

-274,910

-271,205

-263,133

-211,898

-223,193

-212,605

-205,337

-201,874

-66,599

-31,654

-20,081

-78,499

-67,930

-95,605

-108,850

-46,003

3,060

-651,974

-635,524

-643,481

-708,423

-59,566

-86,954

-72,596

-4,737

-58,903

-75,965

-127,160

-239,702

-219,284

-191,074

-142,760

-87,629

-61,614

-44,103

0

0

0

FINANCING ACTIVITIES:
Borrowings (Repayments) on Revolving Facility, Net

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from Debt

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Repayments) Borrowings on Revolving Facility, Net

-

-

-

-

-

16,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from Debt

-

-

-

-

-

-

-

-

-

15,625

31,875

15,250

17,545

98,928

354,867

350,618

344,073

290,090

219,553

351,065

933,773

904,956

718,152

586,639

3,502

2,598

4,219

13,712

14,650

16,258

12,616

129,195

128,687

129,150

128,573

2,501

2,501

2,429

0

0

0

Repayments on Debt

68,348

68,531

63,043

62,875

87,647

97,583

40,749

94,993

97,478

103,129

161,389

108,404

51,600

208,607

395,130

393,885

388,352

330,747

282,632

468,873

555,167

441,603

304,568

118,124

6,504

4,954

5,734

26,823

26,704

28,519

24,796

16,621

16,589

17,151

16,891

15,798

17,598

15,683

0

0

0

Acquisition of Treasury Stock

-

-

-

-

-

168,735

128,252

96,680

46,655

62,550

34,303

68,827

68,827

34,525

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

127,193

146,179

65,585

36,236

28,046

0

0

0

Dividends Paid

9,739

9,437

9,143

8,849

6,498

6,243

6,300

6,170

8,116

7,962

7,814

7,687

7,561

7,420

7,268

8,790

6,970

6,822

6,676

6,370

6,370

7,823

6,155

5,707

6,996

3,875

6,303

4,859

3,569

5,843

4,351

4,247

5,292

4,073

3,135

4,053

3,008

2,929

0

0

0

Excess Tax (Deficiencies) Benefits From Stock-Based Compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

340

208

294

1,392

1,056

1,883

2,318

1,381

3,918

5,402

4,887

5,967

4,330

2,092

2,259

1,264

699

785

420

321

0

0

0

Issuance of Stock Under Stock Option Plans

6,281

7,749

6,406

8,897

6,789

7,975

6,702

4,609

5,170

3,457

3,713

3,284

1,920

550

330

374

435

1,038

1,048

1,668

2,643

4,388

8,092

10,306

11,133

9,924

12,505

13,622

12,214

15,756

11,932

7,942

8,682

6,117

3,048

3,510

2,286

1,087

0

0

0

Shares Withheld for Tax Payments

5,938

13,038

13,042

13,042

17,981

17,347

17,468

17,744

13,135

6,177

6,425

6,334

9,668

2,457

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt Issuance Costs

1,060

40

480

480

480

535

350

3,185

3,185

3,130

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash Provided by (Used in) Financing Activities

157,566

-168,552

-74,955

-53,566

-118,645

-128,968

-221,198

-253,069

-198,055

-211,397

-177,310

-172,850

-114,671

-153,663

-84,956

-54,663

-53,561

-47,309

-70,495

-124,430

370,807

456,944

289,339

347,759

-121,547

-119,926

8,605

-23,541

-32,653

-30,512

-34,400

20,139

-288

-11,886

-33,885

-78,640

-51,635

-42,821

0

0

0

EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS

-79

120

-53

38

-66

-156

-28

-57

48

75

229

184

146

127

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in Cash and Cash Equivalents

426,863

42,477

115,275

5,919

-65,256

-35,759

-91,267

-166,012

-159,080

-257,524

-193,233

18,096

229,585

293,619

252,574

151,095

-10,932

11,393

56,511

73,573

-160,843

-227,542

-298,843

-193,094

80,723

101,557

153,600

101,053

-24,178

-46,723

-63,299

-66,767

37,918

104,235

118,876

91,042

83,550

-37,663

0

0

0