AUTOZONE INC AZO Cash Flow

Autozone inc (AZO)

CashFlow / Quarterly

Feb'20	Nov'19	Aug'19	May'19	Feb'19	Nov'18	Aug'18	May'18	Jan'18	Nov'17	Aug'17	Apr'17	Jan'17	Nov'16	Aug'16	Apr'16	Jan'16	Nov'15	Aug'15	Apr'15	Feb'15	Nov'14	Aug'14	Apr'14	Jan'14	Nov'13	Aug'13	Apr'13	Feb'13	Nov'12	Aug'12	Apr'12	Feb'12	Nov'11	Aug'11	Apr'11	Jan'11	Nov'10	Aug'10	Apr'10	Jan'10	Nov'09	Aug'09	Apr'09	Jan'09	Nov'08
Cash flows from operating activities:
Net income
299,282	350,338	565,229	405,948	294,638	351,406	400,282	366,721	289,530	281,003	433,900	331,699	237,145	278,125	426,768	327,514	228,613	258,112	401,137	309,071	211,723	238,310	373,670	285,157	192,830	218,087	371,199	265,583	176,246	203,452	323,732	248,586	166,930	191,125	301,469	227,374	148,055	172,076	268,933	202,745	123,333	143,300	236,126	173,688	115,864	131,371
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization of property and equipment and intangibles
90,670	89,750	118,839	84,888	83,778	82,452	107,993	79,754	79,351	77,986	103,063	75,343	72,833	71,812	93,932	68,529	68,653	66,283	86,708	62,299	59,867	61,045	78,981	58,132	58,382	55,772	71,319	52,888	52,344	50,700	66,654	49,007	47,523	48,647	62,862	44,930	44,126	44,291	62,166	42,819	44,533	42,566	57,160	41,309	41,811	40,153
Amortization of debt origination fees
2,021	2,195	2,656	1,838	1,804	1,864	2,535	1,931	1,928	1,999	2,567	1,854	1,998	1,950	2,573	1,869	1,812	1,726	1,956	1,356	1,397	1,521	1,961	1,637	1,547	1,711	2,382	1,952	1,964	1,941	2,640	1,853	1,835	1,738	2,902	2,162	2,173	1,725	1,990	1,506	1,510	1,489	1,783	621	620	620
Income tax benefit from exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	16,037	18,888	9,731	5,475	7,150	4,902	6,244	13,244	19,802	9,796	23,910	25,778	15,470	10,636	11,157	12,918	6,180	6,853	8,994	12,084	3,106	6,476	585	15,921	-3,461	-2,533	-1,520
Deferred income taxes
9,214	1,940	17,940	9,900	-209	7,420	11,711	14,641	-159,169	8,556	67,093	5,032	-4,104	6,881	47,019	-12,093	8,629	1,464	41,402	3,600	-8,077	-954	6,536	-395	-22,817	1,978	36,000	-3,385	-10,456	-2,455	22,144	-2,543	-285	6,241	54,438	-7,816	-7,409	5,454	-4,507	-2,371	-6,844	4,699	26,214	8,380	10,222	1,502
Share-based compensation expense
12,111	9,996	11,726	9,971	11,031	10,527	14,115	5,795	12,678	11,086	8,901	8,632	10,924	9,787	11,373	9,905	9,891	8,656	11,307	9,488	11,396	8,804	10,405	8,269	11,464	9,252	11,675	9,016	8,485	8,131	9,491	8,827	7,483	7,562	8,143	6,363	7,048	5,071	5,905	4,348	4,616	4,251	5,643	4,185	4,851	4,456
Changes in operating assets and liabilities:
Accounts receivable
5,651	23,246	26,896	-16,722	22,000	16,338	-3,280	-7,393	9,810	-6,671	3,040	27,862	-23,762	-14,935	-6,062	-2,578	50,175	-88	41,861	15,982	2,131	-23,508	10,206	-676	17,192	1,241	17,347	-4,782	-16,731	12,362	27,832	-10,352	8,652	-4,856	4,733	-4,031	23,525	-9,622	4,525	-26,156	4,705	16,144	127,160	-14,736	-58,655	3,054
Merchandise inventories
129,028	133,206	9,264	20,491	196,938	167,454	-66,330	-14,098	117,814	151,396	3,179	-57,293	130,003	160,918	41,786	-7,644	102,956	90,420	-27,554	16,476	193,356	84,498	9,033	39,137	145,035	83,629	77,787	31,882	48,369	74,808	-1,664	56,128	38,328	75,122	-18,717	69,368	55,467	49,303	16,900	26,617	-1,858	54,418	184,384	-50,026	-4,193	-53,828
Accounts payable and accrued expenses
-41,699	48,270	204,547	2,660	189,207	67,762	146,254	-38,547	26,893	185,009	67,602	-9,870	-52,478	77,360	131,069	67,971	51,819	20,339	60,703	126,895	35,235	68,687	45,113	105,062	43,841	91,253	200,730	86,764	-3,153	72,594	94,557	53,754	-38,222	87,317	65,668	211,201	-12,972	78,929	223,500	115,657	-31,599	41,564	52,458	133,907	-1,916	-47,291
Income taxes payable
-58,266	69,390	-21,074	-21,116	-32,073	63,774	-24,938	25,467	-130,259	123,292	-97,137	10,858	-12,903	95,523	-70,207	55,107	-8,735	73,957	-46,803	41,516	-3,406	83,180	-96,370	44,242	14,045	84,638	-38,623	14,114	-1,402	86,914	-35,684	33,927	-12,380	70,891	-77,504	36,310	-13,448	88,961	-49,434	15,376	-5,516	52,048	-22,185	89,829	-93,460	58,080
Other, net
-25,888	-31,675	15,029	20,754	-38,649	-47,769	22,293	-26,760	-836	-20,811	627	7,647	-10,224	-11,045	8,251	-3,788	-7,863	-6,798	12,853	-16,844	-7,550	14,644	8,556	-6,653	-18,466	14,234	27,157	-4,991	-9,996	-8,056	6,214	-5,228	-3,652	-10,196	24,399	-6,777	-2,028	-9,521	19,799	-15,586	2,683	-12,111	8,510	3,030	-5,101	4,187
Net cash provided by operating activities
204,542	447,102	841,878	469,566	367,887	449,182	823,936	504,013	187,326	565,017	561,382	445,332	157,398	406,500	545,831	532,812	215,414	347,003	573,906	522,574	101,310	375,228	370,116	463,146	150,629	357,343	519,147	385,021	192,590	318,253	425,374	337,393	118,920	342,294	394,645	455,784	83,756	357,353	455,245	392,099	118,027	230,881	388,788	386,726	7,510	140,784
Cash flows from investing activities:
Capital expenditures
89,156	101,407	182,203	118,015	97,664	98,168	194,640	112,401	104,469	110,278	195,898	141,831	118,186	97,917	188,869	113,331	99,933	86,658	187,834	106,571	93,759	92,415	176,392	101,763	77,354	82,607	155,596	89,242	89,183	80,430	149,777	95,847	70,506	61,924	121,020	92,227	62,546	45,811	135,334	68,938	57,689	53,439	112,160	61,941	47,047	51,099
Acquisition of business, net of cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	75,744	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of intangibles
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	10,000	0	0	0	10,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of marketable debt securities
20,899	35,448	16,683	17,801	13,574	7,480	14,344	9,364	19,323	61,505	17,695	40,218	16,955	10,843	34,802	28,167	37,898	29,303	23,302	4,759	15,205	6,474	21,120	7,525	14,779	6,312	17,661	4,520	10,486	11,802	11,533	15,162	7,879	11,091	9,052	12,139	12,658	9,923	24,739	20,950	8,264	2,203	20,714	13,210	9,239	5,281
Proceeds from sale of marketable debt securities
25,047	45,765	-7,912	26,521	21,415	13,116	-9,870	16,412	26,326	36,776	17,344	25,176	31,721	8,752	34,482	24,008	37,342	24,640	23,061	3,755	15,735	3,860	21,783	5,773	13,196	6,044	17,654	4,078	10,033	6,179	12,079	13,903	6,334	10,069	10,994	12,633	12,117	7,337	24,365	20,240	6,690	1,325	23,007	11,135	6,894	5,270
Proceeds from disposal of capital assets and other, net
1,564	-379	-244	-12,510	6,785	-633	35,625	-33,300	-1,512	-354	-	-	-357	-357	342	-1,832	-936	-228	-4,888	5,697	-2,584	34	-2,729	-2,342	176	695	-2,415	-6,442	-446	-462	703	67	4,746	1,057	1,002	141	1,632	526	5,037	2,221	2,612	1,619	2,107	1,631	2,427	4,498
Net cash used in investing activities
-84,202	-90,711	-206,554	-109,089	-84,304	-91,899	-219,200	-72,053	-95,954	-134,653	-194,366	-156,519	-103,063	-99,651	-189,531	-115,658	-99,553	-101,093	-183,187	-113,272	-90,645	-180,807	-173,000	-101,173	-90,225	-83,570	-153,188	-84,326	-204,190	-85,591	-148,528	-97,039	-67,305	-61,889	-118,076	-91,592	-61,455	-47,871	-130,671	-67,427	-56,651	-52,698	-107,760	-62,385	-46,965	-46,612
Cash flows from financing activities:
Net proceeds from commercial paper
163,000	79,700	53,200	-452,000	-45,878	149,378	299,800	-90,000	59,400	-99,000	-73,100	-594,900	553,400	72,200	169,000	-537,600	90,200	428,300	113,100	-563,800	526,200	78,300	-34,600	56,716	248,184	-13,500	385,900	-496,700	195,100	39,300	164,400	-335,800	115,900	1,300	146,500	-37,200	362,600	-337,300	183,800	-76,200	35,200	12,600	-	-	-	-
Net payments of short-term borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-3	-62	-31	-4,852	-	-	-	4,496	-12,789	7,197	6,755	5,738	-	-	-	-	-	-284,855	422,555	18,900
Proceeds from issuance of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	500,000	0	300,000	-	-	-	-	0	0	0	500,000	-	-	-	-	-	-	-	-
Repayment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	200,000	0	0	300,000	-	-	-	-	-	-	-	-	200,000	0	0	300,000	-	-	-	-	0	0	0	199,300	-	-	-	-	300,000	0	0	700
Net proceeds from sale of common stock
39,883	8,822	23,892	57,349	62,907	44,671	20,021	4,450	58,211	7,033	11,403	19,981	17,560	5,742	29,095	19,769	6,385	25,040	9,702	18,905	18,507	19,603	7,622	6,811	11,391	16,210	14,337	29,394	14,197	39,226	24,822	17,471	14,489	18,561	13,699	8,898	11,297	21,952	24,104	10,092	14,905	3,821	3,060	13,129	15,604	8,062
Purchase of treasury stock
314,801	449,999	691,780	466,019	350,037	497,060	664,858	399,701	174,882	352,572	227,466	283,564	197,985	362,634	369,737	532,668	149,957	400,100	430,498	515,251	26,061	299,606	187,675	419,999	200,000	291,538	559,967	325,000	185,016	317,332	480,144	400,455	172,505	309,765	433,314	339,438	394,395	299,655	565,386	266,381	87,509	204,379	587,396	65,440	375,043	272,123
Repayment of principal portion of finance lease liabilities
14,993	14,331	14,879	12,899	12,932	12,597	12,138	15,619	3,247	18,000	13,318	11,659	11,615	11,012	7,604	8,947	9,673	10,096	8,322	8,495	8,977	9,192	8,408	7,921	8,124	8,203	7,721	5,096	7,254	7,474	9,398	4,867	6,037	6,448	6,098	5,780	5,772	5,131	2,733	4,780	4,592	4,492	4,419	4,495	4,147	3,979
Income tax benefit from exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	16,037	18,888	9,731	5,475	7,150	4,902	6,244	13,244	19,802	9,796	23,910	25,778	15,470	10,636	11,157	12,918	6,180	6,853	8,994	12,084	3,106	6,476	585	893	3,461	2,533	1,520
Other, net
-	-	-	-	-	-	195	3	-85	-1,165	-3	-5,135	-2	-2,222	-	-	-	-	-	-	-	-	-	-	-	-	0	-6,083	0	-8,637	-	-	-	-	0	-11,730	0	-5,450	-	-	-	-	-	-	-	-
Net cash used in financing activities
-126,957	-375,808	-630,611	-381,929	-345,940	-315,608	-606,980	-500,867	-60,603	-463,704	-302,484	-275,277	-38,642	-297,926	-379,249	-417,161	-63,262	-256,856	-360,687	-409,216	26,470	-201,164	-217,586	-357,243	-45,941	-290,787	-354,210	-283,745	26,792	-235,859	-276,820	-240,353	-45,561	-280,699	-279,084	-371,873	-12,662	-310,152	-321,945	-334,163	-35,520	-191,865	-281,878	-338,734	62,036	-248,320
Effect of exchange rate changes on cash
1,498	1,206	-2,471	-155	5,936	-7,413	1,682	-1,229	76	-2,253	1,597	2,956	-582	-3,119	-697	5,429	-10,127	1,123	-8,011	1,663	-2,788	-550	-394	864	-560	675	-3,243	1,187	492	-32	-33	-108	477	-636	-246	167	229	403	-111	92	-298	579	-731	707	-364	-2,557
Net (decrease) in cash and cash equivalents
-5,119	-18,211	2,242	-21,607	-56,421	34,262	-562	-70,136	30,845	-35,593	66,129	16,492	15,111	5,804	-23,646	5,422	42,472	-9,823	22,021	1,749	34,347	-7,293	-20,864	5,594	13,903	-16,339	8,506	18,137	15,684	-3,229	-7	-107	6,531	-930	-2,761	-7,514	9,868	-267	2,518	-9,399	25,558	-13,103	-1,581	-13,686	22,217	-156,705