| Feb'20 | Feb'19 | Feb'18 | Jan'17 | Jan'16 | Jan'15 | Jan'14 | Jan'13 | Jan'12 | Jan'11 | Jan'10 | Jan'09 |
|---|---|---|---|---|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES: | |||||||||||
Net income | |||||||||||
104,429 | 95,608 | 89,707 | 97,961 | 147,283 | 162,564 | 162,584 | 164,305 | 151,456 | 134,682 | 127,303 | 104,409 |
Adjustments to reconcile net income to net cash flows from operating activities: | |||||||||||
Depreciation and amortization | |||||||||||
23,789 | 26,848 | 30,745 | 32,787 | 32,142 | 31,679 | 32,631 | 33,834 | 32,769 | 29,781 | 25,135 | 21,779 |
Amortization of non-vested stock grants, net of forfeitures | |||||||||||
3,764 | 4,287 | 4,883 | 5,330 | 6,197 | 6,013 | 5,066 | 8,388 | 6,403 | 4,439 | 4,988 | 4,879 |
Stock option compensation expense | |||||||||||
- | - | - | - | - | - | - | - | - | 64 | 175 | 289 |
Gain on involuntary conversion of aircraft to monetary asset | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 2,963 |
Gain - impairment of securities | |||||||||||
- | - | - | - | - | - | - | - | - | - | 991 | -5,157 |
Deferred income taxes | |||||||||||
-1,986 | -1,099 | -340 | -3,260 | -1,217 | -1,675 | -2,086 | -1,939 | 5,417 | 10,952 | 414 | -595 |
Other | |||||||||||
-504 | -1,925 | -1,628 | -1,875 | -448 | -1,163 | -988 | -1,528 | -859 | -901 | -38 | 574 |
Changes in operating assets and liabilities: | |||||||||||
Receivables | |||||||||||
-815 | 550 | 413 | -3,853 | 389 | 2,134 | 989 | -596 | -1,232 | -544 | 1,967 | 895 |
Inventory | |||||||||||
-3,932 | 7,487 | -7,687 | -23,872 | 19,645 | 5,780 | 20,288 | -356 | 15,616 | 406 | 4,224 | 6,324 |
Prepaid expenses and other assets | |||||||||||
2,799 | 66 | 12,047 | -7 | -9,722 | -3,508 | 2,255 | 10,281 | -321 | 2,757 | -6,282 | 2,478 |
Accounts payable | |||||||||||
-2,667 | 276 | 4,584 | -8,314 | -182 | -2,915 | 2,738 | 6,534 | -2,883 | 10,722 | -2,916 | -844 |
Accrued employee compensation | |||||||||||
1,477 | -855 | -4,599 | -6,220 | -3,794 | -13 | -5,250 | -671 | 6,836 | -5,445 | 1,003 | 12,624 |
Accrued store operating expenses | |||||||||||
-1,108 | 2,336 | 951 | 8,056 | -3,345 | 1 | -138 | -1,004 | 1,472 | 787 | 1,165 | 1,997 |
Gift certificates redeemable | |||||||||||
-1,315 | -1,568 | -2,997 | -1,659 | -1,134 | 861 | 910 | 1,935 | 3,073 | 3,706 | 3,363 | 1,633 |
Income taxes payable | |||||||||||
747 | -5,173 | 1,662 | -3,610 | -4,441 | -1,970 | -2,699 | 14,897 | 18,007 | -10,578 | -5,731 | 906 |
Other assets and liabilities | |||||||||||
1,083 | -5,755 | -1,730 | - | - | - | - | - | - | - | - | - |
Deferred rent liabilities and deferred compensation | |||||||||||
- | - | - | -1,812 | -2,323 | 4,466 | 2,814 | 2,463 | -73 | 2,543 | 3,922 | 3,581 |
Net cash flows from operating activities | |||||||||||
130,665 | 108,727 | 119,721 | 148,866 | 159,322 | 195,768 | 174,026 | 220,941 | 209,273 | 179,935 | 157,959 | 143,729 |
CASH FLOWS FROM INVESTING ACTIVITIES: | |||||||||||
Purchases of property and equipment | |||||||||||
7,322 | 10,021 | 13,462 | 31,663 | 34,578 | 45,454 | 28,811 | 30,297 | 36,627 | 54,945 | 50,561 | 47,448 |
Proceeds from sale of property and equipment | |||||||||||
13 | 150 | 263 | 318 | 199 | 0 | 11 | 1,140 | 9 | 14 | 308 | 11,819 |
Change in other assets | |||||||||||
-168 | -158 | -92 | -80 | -100 | -108 | -112 | -130 | -19 | 1,321 | 74 | 29 |
Purchases of investments | |||||||||||
25,629 | 74,215 | 56,631 | 41,621 | 29,714 | 43,404 | 32,314 | 29,933 | 14,099 | 39,698 | 52,604 | 46,687 |
Proceeds from sales/maturities of investments | |||||||||||
67,525 | 76,330 | 52,441 | 44,221 | 29,135 | 38,131 | 30,981 | 37,294 | 33,125 | 46,294 | 33,703 | 148,818 |
Net cash flows from investing activities | |||||||||||
34,755 | -7,598 | -17,297 | -28,665 | -34,858 | -50,619 | -30,021 | -21,666 | -17,573 | -49,656 | -69,228 | 66,473 |
CASH FLOWS FROM FINANCING ACTIVITIES: | |||||||||||
Proceeds from the exercise of stock options | |||||||||||
- | - | - | - | - | 70 | 0 | 846 | 829 | 1,677 | 1,826 | 12,724 |
Excess tax benefit from stock option exercises | |||||||||||
- | - | - | - | - | 225 | 399 | 5,609 | 2,371 | 9,455 | 2,661 | 11,268 |
Purchases of common stock | |||||||||||
68 | 0 | 0 | - | 3,219 | 0 | 0 | - | 296 | 5,994 | - | 9,359 |
Payment of dividends | |||||||||||
112,854 | 97,744 | 133,874 | 84,850 | 93,768 | 176,604 | 97,144 | 254,633 | 144,563 | 154,287 | 120,341 | 126,665 |
Net cash flows from financing activities | |||||||||||
-112,922 | -97,744 | -133,874 | -84,850 | -96,987 | -176,309 | -96,745 | -248,178 | -141,659 | -149,149 | -115,854 | -112,032 |
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | |||||||||||
52,498 | 3,385 | -31,450 | 35,351 | 27,477 | -31,160 | 47,260 | -48,903 | 50,041 | -18,870 | -27,123 | 98,170 |