AMERICAN EAGLE OUTFITTERS, INC. AEO Cash Flow

American eagle outfitters, inc. (AEO)

CashFlow / Quarterly

Feb'20	Nov'19	Aug'19	May'19	Feb'19	Nov'18	Aug'18	May'18	Feb'18	Oct'17	Jul'17	Apr'17	Jan'17	Oct'16	Jul'16	Apr'16	Jan'16	Oct'15	Jul'15	Apr'15	Jan'15	Oct'14	Jul'14	Apr'14	Jan'14	Oct'13	Jul'13	Apr'13	Jan'13	Oct'12	Jul'12	Apr'12	Jan'12	Oct'11	Jul'11	Apr'11	Jan'11	Oct'10	Jul'10	Apr'10
Operating activities:
Net income
4,763	80,760	64,982	40,752	76,168	85,472	60,333	39,929	93,957	63,734	21,236	25,236	54,622	75,759	41,592	40,476	81,710	74,110	33,263	29,055	61,609	9,034	5,813	3,866	10,510	24,903	19,594	27,976	94,776	78,608	19,027	39,697	51,284	52,427	19,669	28,325	87,038	33,024	9,663	10,922
Gain from discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-3,833	-23,819	-4,338	-	-	-	-	-13,797	-167	-16,180	-24,940
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	94,776	82,441	42,846	44,035	-	-	-	-	100,835	33,191	25,843	35,862
Adjustments to reconcile net income to net cash provided by operating activities
Depreciation and amortization
45,024	45,568	45,437	45,350	38,800	45,959	43,273	42,472	44,103	43,673	40,804	40,893	40,001	40,031	39,062	39,080	39,476	37,800	36,280	35,302	37,057	36,659	35,849	32,786	35,174	32,530	30,417	35,926	30,677	31,959	33,170	32,591	34,715	35,045	35,208	35,534	31,415	36,587	36,536	37,124
Share-based compensation
3,100	5,600	9,259	5,041	9,700	6,100	5,984	5,716	4,844	2,258	5,000	4,798	6,113	6,276	7,940	8,808	2,446	10,440	13,989	8,102	3,118	6,393	3,371	3,188	-4,748	-11,454	4,372	5,289	20,891	17,429	6,730	21,299	3,133	3,068	3,017	2,506	2,980	3,549	6,316	12,064
Deferred income taxes
-5,713	431	4,119	7,704	-436	-1,286	-1,507	-1,162	24,466	-577	4,425	15,998	191	-5,615	-5,796	26,058	17,594	-11,642	-5,926	4,654	16,301	-24,912	2,499	3,833	-3,465	-6	336	23,235	-9,414	-4,677	-13,784	-2,772	-7,045	-5,137	7,681	8,708	6,663	-12,711	6,339	11,594
Tax benefit from share-based payments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	676	-26	4,422	63	3	34	256	2,800	-191	-903	13,942
Excess tax benefit from share-based payments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,471	251	2,643	221	0	13	139	8,234	165	77	4,023
Foreign currency transaction gain
-	-	-	-	-	-	-	-	-	-352	4,516	838	29	-1,462	-2,344	4,612	-3,541	-498	-2,630	3,692	570	46	-25	-96	-580	138	-296	-640	-76	448	-617	145	48	496	-438	219	-73	1,115	-1,272	113
Realized investment losses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,248	-24,201	0	-225
Changes in assets and liabilities:
Merchandise inventory
-201,566	112,413	78,693	32,075	-168,624	127,550	61,868	7,702	-137,108	102,041	65,456	5,523	-132,981	71,223	89,719	25,652	-181,500	72,414	78,539	52,806	-184,768	75,176	63,949	37,057	-225,622	58,015	119,084	8,375	-148,711	18,747	95,188	-426	-187,288	99,057	133,407	28,674	-112,088	60,118	26,948	2,922
Accounts receivable
-	-	-	-	-	-	-	-	-	-3,536	1,336	-7,315	11,775	10,011	-6,803	-7,278	12,621	13,661	-12,667	-3,522	13,603	8,973	-19,951	-5,709	16,451	13,356	-9,238	8,942	-1,071	7,203	3,102	-2,570	17	9,859	-1,205	-5,445	-3,886	-1,236	2,967	5,723
Prepaid expenses and other
-	-	-	-	-	-	-	-	-	-48,629	15,063	17,346	-167	-12,861	8,484	4,876	2,512	2,715	1,773	27	-3,127	-13,137	-967	2,949	-23,023	-6,760	20,130	20,497	8,492	-9,635	360	379	10,653	-26,052	6,123	30,327	3,879	-48,695	10,087	43,487
Other assets
9,267	-3,790	69,897	-42,529	9,200	1,694	4,757	6,555	-10,883	-2,968	-130	226	812	2,411	2,890	592	-6,139	82	27,408	-11,334	368	-2,207	-9,127	4,354	30,686	-3,251	-3,870	12,524	-1,409	10,382	-1,234	426	1,491	-6,703	367	2,400	681	857	-521	341
Accounts payable
-80,961	49,584	85,222	-8,896	-104,005	85,342	56,016	-33,024	-97,507	52,789	66,833	-38,778	-65,620	25,940	87,423	4,604	-114,387	43,329	62,799	5,070	-105,721	64,129	34,200	2,112	-136,420	68,410	112,389	-15,811	-47,181	42,232	41,247	-46,766	-39,933	34,875	28,995	-7,301	-36,357	51,460	2,998	-14,132
Unredeemed gift cards and gift certificates
-	-	-	-	-	-	-	-	-	-2,983	-7,491	-13,107	22,730	-1,312	-6,807	-10,146	20,267	-2,227	-6,620	-10,665	20,702	-1,276	-6,498	-11,690	22,870	-1,685	-6,935	-12,981	23,381	-1,288	-6,360	-14,260	22,588	-3,977	-2,670	-11,960	20,629	-952	-30,586	12,622
Deferred lease credits
-	-	-	-	-	-	-	-	-	-2,964	-3,355	11,606	-2,652	-3,295	-3,440	4,158	-3,771	-2,677	-168	2,517	-4,139	-3,837	1,666	1,782	-5,727	-2,561	-1,881	10,752	-4,177	-4,304	-3,741	1,149	-3,397	-2,995	-2,545	-174	-6,300	-63	-1,020	-1,785
Accrued compensation and payroll taxes
43	-11,210	25,300	-52,736	25,114	5,875	23,362	-26,308	10,788	20,888	-8,186	-22,201	-3,807	20,794	1,223	-44,019	12,259	28,382	-2,737	-3,670	-4,209	22,535	-5,482	7,872	-9,204	11,894	-7,618	-37,537	13,557	-1,410	31,448	-20,577	23,905	-6,163	9,944	-20,110	4,746	1,804	8,290	-34,473
Accrued and other liabilities
15,234	-6,194	36,189	-39,950	7,772	-7,028	3,540	14,624	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued income and other taxes
-	-	-	-	-	-	-	-	-	3,635	1,104	780	-17,733	19,058	3,118	-15,138	-22,034	27,345	1,249	-24,175	4,928	19,846	-1,538	1,590	-7,446	1,934	3,775	-24,103	-17,050	24,670	-5,501	-9,527	-2,461	5,462	1,182	-18,749	25,184	-3,530	1,757	-11,874
Accrued liabilities
-	-	-	-	-	-	-	-	-	983	8,383	2,101	-12,211	-6,826	-872	4,442	-21,149	3,727	20,541	-17,252	-7,865	11,998	-2,017	-11,128	27,756	1,022	559	-1,732	6,906	4,024	-71	9,327	10,655	6,871	599	90	7,866	3,523	5,393	-6,580
Total adjustments
-	-	-	-	-	-	-	-	-	71,146	21,276	-14,528	108,120	25,729	29,905	-10,607	97,326	46,103	26,984	-41,786	133,526	96,152	28,171	-8,210	146,122	57,807	9,604	-66,660	194,078	80,630	-13,424	-25,711	236,799	-9,605	-56,822	-67,514	163,132	91,353	23,326	-63,126
Net cash provided by operating activities
237,216	60,603	109,878	7,719	213,056	91,192	124,407	27,990	206,326	134,880	42,512	10,708	162,742	101,488	71,497	29,869	179,036	115,366	60,247	-12,731	203,600	105,186	33,984	-4,344	156,632	82,710	29,198	-38,684	288,854	163,071	29,422	18,324	297,164	48,346	-28,184	-39,189	263,967	124,544	49,169	-27,264
Capital expenditures for property and equipment
60,494	58,073	55,219	36,574	45,081	42,580	54,457	46,903	34,549	48,417	46,432	40,071	53,878	47,077	36,203	24,336	44,576	29,753	37,184	41,743	34,468	64,208	74,311	72,015	61,285	93,349	78,208	45,657	22,716	22,983	24,186	24,054	3,238	30,016	18,468	37,744	10,541	26,019	20,273	19,071
Purchase of available-for-sale investments
15,000	20,000	30,000	20,000	78,083	84,829	20,000	20,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	34,692	9,802	-7,646	15,217	101,017	9,499	-2,481	3,051	7,523	19,885	55,244	111,199	-	-	-	-
Sale of available-for-sale investments
10,000	20,000	25,000	67,135	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of intangible assets
-	-	-	-	-	-	-	-	-	457	113	75	313	181	276	758	224	478	602	1,078	180	190	254	640	5,307	828	405	295	167	284	454	220	295	341	394	33,151	952	319	1,136	394
Other investing activities
308	160	998	203	125	119	114	314	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used for investing activities
-65,802	-58,233	-61,217	10,358	-58,486	-82,555	-74,571	-67,217	-36,585	-48,874	-46,545	-40,146	-54,191	-47,258	-36,479	-25,094	-42,663	-30,231	-37,786	-42,821	-34,648	-64,398	-74,565	-62,653	-64,481	-47,170	-46,323	-37,391	-144,815	-16,943	-21,686	-7,206	71,747	-7,477	-7,764	-133,207	-74,290	123,259	-384	-12,615
Financing activities:
Sale of available-for-sale securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	10,002	36,803	56,809	45,395	23,778	-20,915	15,823	473	20,119	82,803	42,765	66,342	48,887	0	149,597	21,025	6,850
Payments on capital leases and other
-	-	-	-	-	-	-	-	-	1,517	4,806	2,382	-1,229	1,702	3,221	681	2,329	2,222	1,542	1,542	3,381	1,195	1,176	1,391	1,446	1,133	-2,304	2,564	551	849	743	923	913	787	800	756	816	629	582	563
Repayment of note payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	17,500	12,500
Repurchase of common stock as part of publicly announced programs
0	32,381	60,000	20,000	74,073	25,419	0	44,913	0	0	0	87,682	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	33,051	-	-	-	-	-	-	-	-	23,802	0	120,459	71,809
Repurchase of common stock from employees
107	59	4,423	3,498	608	761	4,086	14,213	213	265	629	11,406	134	30	119	6,749	-1	15	158	4,991	0	75	0	7,389	43	0	52	23,291	0	17	8	4,100	0	0	8	2,181	17	38	40	17,946
Net proceeds from stock options exercised
0	0	1,529	571	0	0	13,146	2,354	-	-	-	-	83	14,272	1,453	452	936	-15	5,334	1,028	219	331	0	6,755	2,874	691	1,109	1,523	32,487	25,419	6,330	12,165	2,418	21	120	2,539	1,510	1,287	865	3,610
Excess tax benefit from share-based payments
-	-	-	-	-	-	-	-	-	-	-	-	5	272	23	463	4	0	59	594	0	45	1	696	566	88	78	8,101	8,914	1,471	251	2,643	221	0	13	139	8,234	165	77	4,023
Cash used to net settle equity awards
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	6,434
Cash dividends paid
22,961	22,957	23,233	23,632	25,811	22,700	24,387	24,225	22,163	22,134	22,131	22,120	22,735	22,732	22,614	22,599	24,124	24,304	24,428	24,381	24,312	24,310	24,303	24,299	-	-	-	-	42,992	317,390	21,584	21,524	21,319	21,404	21,439	21,430	118,507	21,511	22,242	20,906
Other financing activities
-11	25	-28	-80	-1,875	-371	-1,272	-3,284	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used for financing activities
-23,079	-55,372	-86,136	-46,639	-102,368	-49,251	-16,603	-84,281	-13,925	-23,916	-27,341	-123,590	-21,552	-9,920	-24,478	-29,114	-237,124	-42,015	-20,735	-29,292	-27,474	-25,204	-25,478	-25,628	-22,148	-24,450	-20,646	-49,282	-175,696	-291,366	-15,754	-11,739	-19,593	-37,330	-22,114	-21,689	-133,398	-20,726	-159,881	-122,525
Effect of exchange rates on cash
-919	350	-30	-97	1,256	-2,836	389	-405	270	2,879	-1,265	-388	-53	-577	-1,582	3,248	-2,299	-488	-1,343	1,054	-12,190	2,233	988	1,391	-5,354	-1,994	-216	-587	240	781	-1,477	960	-	-	-	-	-	-	-	-
Net change in cash and cash equivalents
147,416	-52,652	-37,505	-28,659	53,458	-43,450	33,622	-123,913	156,086	64,969	-32,639	-153,416	86,946	43,733	8,958	-21,091	-103,050	35,827	383	-83,790	130,251	17,817	-65,071	-91,234	64,649	9,096	-37,987	-125,944	-35,564	-151,394	-17,366	-6,102	339,261	-9,015	-85,369	-192,925	36,818	205,252	-109,716	-158,721
Cash flows of discontinued operations
Net cash used for operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-4,135	-6,937	-7,880	-5,664	-	-	-	-	-10,694	-23,290	2,595	2,386
Net cash used for investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-12	0	9	-777	-	-	-	-	-8,355	0	0	-6
Net cash used for financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	-	-	-	-	0	0	0	0
Effect of exchange rates on cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	-	-	-	-	0	0	0	0
Effect of exchange rates changes on cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-1,160	1,160	-	-	-	1,303
Net cash used for discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-4,147	-6,937	-7,871	-6,441	-	-	-	-	-19,302	-23,290	2,595	2,380
Supplemental disclosure of cash flow information:
Cash paid during the period for income taxes
-	-	-	-	-	-	-	-	-	4,036	28,694	4,092	-	13,931	36,595	27,036	-	20,861	17,654	43,282	-	-3,485	3,113	7,995	-	2,134	25,532	33,023	-	17,941	26,824	34,782	-	2,092	9,114	50,419	-	4,094	3,892	28,276
Cash paid during the period for interest
-	-	-	-	-	-	-	-	-	279	277	262	-	271	276	334	-	281	278	333	-	131	117	200	-	88	109	100	-	115	99	33	-	0	0	0	-	0	30	161