| Feb'20 | Nov'19 | Aug'19 | May'19 | Feb'19 | Oct'18 | Aug'18 | May'18 |
|---|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES | |||||||
Net income | |||||||
187,176 | 209,720 | 209,059 | 148,922 | 127,261 | 0 | 0 | 0 |
Adjustments to reconcile net income to net cash provided by operating activities: | |||||||
Depreciation and amortization | |||||||
157,000 | 156,709 | 157,396 | 159,471 | 162,223 | 0 | 0 | 0 |
Amortization of debt issuance costs and accretion of original issues discount | |||||||
5,172 | 5,292 | 5,291 | 5,763 | 6,556 | 0 | 0 | 0 |
Impairment charges | |||||||
13,300 | 0 | 962 | 962 | 3,962 | 0 | 0 | 0 |
Stock-based compensation expense | |||||||
18,796 | 16,915 | 14,347 | 60,551 | 57,677 | 0 | 0 | 0 |
Deferred income tax provision (benefit) | |||||||
10,246 | 5,261 | -200 | -5,806 | -12,314 | 0 | 0 | 0 |
Other non-cash items, net | |||||||
-2,028 | 13,813 | 5,465 | -1,357 | -2,362 | 0 | 0 | 0 |
Increase (decrease) in cash due to changes in: | |||||||
Accounts receivable | |||||||
12,053 | 6,892 | -2,637 | 12,092 | 3,976 | 0 | 0 | 0 |
Merchandise inventories | |||||||
29,196 | 26,062 | 21,496 | 30,331 | 33,168 | 0 | 0 | 0 |
Prepaid expenses and other current assets | |||||||
-22,169 | -36,596 | -34,462 | -37,473 | -26,338 | 0 | 0 | 0 |
Other assets | |||||||
-1,710 | 1,229 | 629 | -2,822 | -874 | 0 | 0 | 0 |
Accounts payable | |||||||
-20,868 | -692 | 16,314 | 19,056 | 68,884 | 0 | 0 | 0 |
Change in book overdrafts | |||||||
-12,094 | 7,467 | 2,660 | 4,020 | -19,770 | 0 | 0 | 0 |
Accrued expenses | |||||||
18,134 | -29,081 | -12,358 | -9,231 | 19,121 | 0 | 0 | 0 |
Other non-current liabilities | |||||||
-8,550 | 524 | -821 | 143 | -2,529 | 0 | 0 | 0 |
Net cash provided by operating activities | |||||||
355,143 | 397,732 | 439,008 | 406,682 | 427,103 | 0 | 0 | 0 |
CASH FLOWS FROM INVESTING ACTIVITIES | |||||||
Additions to property and equipment, net of disposals | |||||||
196,901 | 187,001 | 158,545 | 140,302 | 145,913 | 0 | 0 | 0 |
Net cash used in investing activities | |||||||
-175,295 | -187,001 | -158,545 | -140,302 | -145,913 | 0 | 0 | 0 |
CASH FLOWS FROM FINANCING ACTIVITIES | |||||||
Payments on long term debt | |||||||
14,829 | 15,377 | 21,027 | 20,218 | 36,167 | 0 | 0 | 0 |
Proceeds from ABL facility | |||||||
1,390,000 | 1,399,000 | 1,513,000 | 1,436,000 | 1,587,000 | 0 | 0 | 0 |
Payments on ABL facility | |||||||
1,301,000 | 1,339,000 | 1,376,000 | 1,365,000 | 1,515,000 | 0 | 0 | 0 |
Net cash received (paid) from stock option exercises | |||||||
11,072 | 10,330 | 13,859 | -8,503 | -14,240 | 0 | 0 | 0 |
Other financing activities | |||||||
0 | 0 | 0 | 1,298 | - | - | - | 0 |
Net cash used in financing activities | |||||||
-176,790 | -212,265 | -282,676 | -266,974 | -288,998 | 0 | 0 | 0 |
Net increase (decrease) in cash and cash equivalents | |||||||
3,058 | -1,534 | -2,213 | -594 | -7,808 | 0 | 0 | 0 |
Supplemental cash flow information: | |||||||
Interest paid | |||||||
96,861 | 100,983 | 104,655 | 123,016 | 152,882 | 0 | 0 | 0 |
Income taxes paid | |||||||
40,351 | 34,277 | 18,951 | 17,265 | 15,845 | 0 | 0 | 0 |
Non-cash financing and investing activities: | |||||||
Deferred offering costs included in accrued expenses | |||||||
- | - | - | 0 | - | - | - | 0 |
Property additions included in accrued expenses | |||||||
11,247 | 21,034 | 16,083 | 26,338 | 13,849 | 0 | 0 | 0 |