| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES: | |||||||||||||||||||||||||||||||||||||||
Net income | |||||||||||||||||||||||||||||||||||||||
104,429 | 98,585 | 93,077 | 92,362 | 95,608 | 96,508 | 95,936 | 91,760 | 89,707 | 83,667 | 87,160 | 91,149 | 97,961 | 116,305 | 128,801 | 136,810 | 147,283 | 153,077 | 157,800 | 158,792 | 162,564 | 161,735 | 161,703 | 162,374 | 162,584 | 164,636 | 165,969 | 164,048 | 164,305 | 159,029 | 155,461 | 155,796 | 151,456 | 144,830 | 140,852 | 138,041 | 134,682 | 0 | 0 | 0 |
Adjustments to reconcile net income to net cash flows from operating activities: | |||||||||||||||||||||||||||||||||||||||
Depreciation and amortization | |||||||||||||||||||||||||||||||||||||||
23,789 | 24,561 | 25,358 | 26,080 | 26,848 | 27,910 | 28,877 | 29,839 | 30,745 | 31,860 | 32,421 | 32,714 | 32,787 | 32,598 | 32,459 | 32,341 | 32,142 | 32,034 | 31,992 | 31,756 | 31,679 | 31,904 | 32,225 | 32,395 | 32,631 | 33,105 | 33,512 | 33,827 | 33,834 | 34,047 | 33,710 | 33,163 | 32,769 | 32,251 | 31,727 | 30,791 | 29,781 | 0 | 0 | 0 |
Amortization of non-vested stock grants, net of forfeitures | |||||||||||||||||||||||||||||||||||||||
3,764 | 3,869 | 3,924 | 4,101 | 4,287 | 3,916 | 4,553 | 4,721 | 4,883 | 4,796 | 4,883 | 5,095 | 5,330 | 6,545 | 5,360 | 5,743 | 6,197 | 4,533 | 6,516 | 6,273 | 6,013 | 3,556 | 4,056 | 4,557 | 5,066 | 9,702 | 9,268 | 8,834 | 8,388 | 7,905 | 7,412 | 6,920 | 6,403 | 5,866 | 5,399 | 4,560 | 4,439 | 0 | 0 | 0 |
Stock option compensation expense | |||||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 64 | 0 | 0 | 0 |
Deferred income taxes | |||||||||||||||||||||||||||||||||||||||
-1,986 | -935 | -957 | -1,025 | -1,099 | 384 | 103 | -116 | -340 | -3,062 | -3,094 | -3,173 | -3,260 | -1,346 | -907 | -1,049 | -1,217 | -1,128 | -1,862 | -1,772 | -1,675 | -1,527 | -1,712 | -1,897 | -2,086 | -2,425 | -2,265 | -2,104 | -1,939 | 4,862 | 5,044 | 5,226 | 5,417 | 10,442 | 10,610 | 10,914 | 10,952 | 0 | 0 | 0 |
Other | |||||||||||||||||||||||||||||||||||||||
-504 | -1,806 | -1,680 | -1,680 | -1,925 | -1,740 | -1,757 | -1,622 | -1,628 | -976 | -1,119 | -1,650 | -1,875 | -1,278 | -1,315 | -857 | -448 | -1,220 | -1,234 | -1,125 | -1,163 | -1,325 | -1,146 | -1,128 | -988 | -549 | -1,182 | -1,334 | -1,528 | -1,465 | -832 | -759 | -859 | -1,016 | -1,057 | -1,201 | -901 | 0 | 0 | 0 |
Changes in operating assets and liabilities: | |||||||||||||||||||||||||||||||||||||||
Receivables | |||||||||||||||||||||||||||||||||||||||
-815 | 1,051 | 1,009 | 948 | 550 | -502 | -725 | -409 | 413 | -1,622 | -2,506 | -2,589 | -3,853 | 235 | 197 | 1,132 | 389 | -2,461 | -884 | 182 | 2,134 | 3,073 | 2,188 | 276 | 989 | 115 | 264 | 766 | -596 | -642 | -1,631 | -167 | -1,232 | -278 | 1,205 | -1,365 | -544 | 0 | 0 | 0 |
Inventory | |||||||||||||||||||||||||||||||||||||||
-3,932 | -6,594 | 1,169 | 2,633 | 7,487 | 16,956 | 6,532 | -876 | -7,687 | -19,372 | -22,596 | -19,427 | -23,872 | -27,659 | -6,522 | 9,162 | 19,645 | 28,631 | 22,605 | 10,420 | 5,780 | 931 | -5,366 | 13,312 | 20,288 | 11,783 | 9,044 | 8,854 | -356 | -6,274 | -2,336 | 7,174 | 15,616 | 29,546 | 18,162 | 5,125 | 406 | 0 | 0 | 0 |
Prepaid expenses and other assets | |||||||||||||||||||||||||||||||||||||||
2,799 | 2,333 | 2,204 | 1,224 | 66 | 11,545 | 11,105 | 11,887 | 12,047 | 997 | 1,886 | -9,682 | -7 | -9,962 | -10,240 | 648 | -9,722 | -3,896 | -4,532 | -2,470 | -3,508 | 1,949 | 2,398 | 1,275 | 2,255 | 10,282 | 9,874 | 10,243 | 10,281 | 1,811 | 1,522 | -7,629 | -321 | 919 | -5,649 | 3,270 | 2,757 | 0 | 0 | 0 |
Accounts payable | |||||||||||||||||||||||||||||||||||||||
-2,667 | -3,749 | -3,703 | 10,787 | 276 | 7,852 | 7,121 | -5,490 | 4,584 | 6,527 | -7,245 | 771 | -8,314 | -16,496 | -9,695 | -5,149 | -182 | -1,175 | 6,470 | 555 | -2,915 | 4,682 | -4,801 | -4,194 | 2,738 | 11,041 | 12,116 | 8,427 | 6,534 | -3,041 | -1,387 | -8,049 | -2,883 | 7,807 | 8,576 | 9,289 | 10,722 | 0 | 0 | 0 |
Accrued employee compensation | |||||||||||||||||||||||||||||||||||||||
1,477 | 126 | -340 | -257 | -855 | 3,097 | -2,278 | 3,010 | -4,599 | -752 | -1,159 | -974 | -6,220 | -5,731 | -3,595 | -2,180 | -3,794 | -3,102 | -1,198 | -867 | -13 | -1,297 | -606 | -531 | -5,250 | -2,345 | 3,725 | -2,994 | -671 | -1,731 | -262 | 1,151 | 6,836 | 3,775 | 949 | -1,420 | -5,445 | 0 | 0 | 0 |
Accrued store operating expenses | |||||||||||||||||||||||||||||||||||||||
-1,108 | -1,525 | 824 | 880 | 2,336 | 4,807 | 4,961 | 2,205 | 951 | 604 | 2,034 | 5,829 | 8,056 | 5,030 | 3,799 | 266 | -3,345 | -1,608 | -583 | 870 | 1 | 280 | 98 | -174 | -138 | 1,113 | 1,913 | 1,408 | -1,004 | 132 | -279 | -28 | 1,472 | 1,167 | 1,008 | 931 | 787 | 0 | 0 | 0 |
Gift certificates redeemable | |||||||||||||||||||||||||||||||||||||||
-1,315 | -1,219 | -798 | -1,043 | -1,568 | -946 | -1,595 | -1,967 | -2,997 | -1,235 | -1,185 | -1,318 | -1,659 | -650 | -779 | -812 | -1,134 | 795 | 752 | 608 | 861 | 791 | 942 | 1,120 | 910 | 1,771 | 2,091 | 2,313 | 1,935 | 2,149 | 2,363 | 2,447 | 3,073 | 2,072 | 2,204 | 2,673 | 3,706 | 0 | 0 | 0 |
Income taxes payable | |||||||||||||||||||||||||||||||||||||||
747 | -115 | 1,908 | -6,065 | -5,173 | -1,608 | 1,902 | -1,475 | 1,662 | 1,100 | -1,078 | 4,189 | -3,610 | -3,232 | 54 | -6,354 | -4,441 | -3,182 | -3,926 | -3,123 | -1,970 | -3,488 | -3,438 | 1,258 | -2,699 | -13 | 4,320 | 6,264 | 14,897 | 4,392 | 1,702 | 8,942 | 18,007 | 1,909 | 1,667 | -7,342 | -10,578 | 0 | 0 | 0 |
Other assets and liabilities | |||||||||||||||||||||||||||||||||||||||
1,083 | 362 | -3,193 | -4,025 | -5,755 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Deferred rent liabilities and deferred compensation | |||||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | -1,140 | -3,608 | -2,877 | -1,812 | -1,808 | -369 | 355 | -2,323 | -1,479 | 867 | 1,526 | 4,466 | 4,346 | 3,114 | 1,624 | 2,814 | 2,956 | 2,869 | 2,825 | 2,463 | 1,476 | 1,247 | 1,155 | -73 | 710 | 1,568 | 2,599 | 2,543 | 0 | 0 | 0 |
Net cash flows from operating activities | |||||||||||||||||||||||||||||||||||||||
130,665 | 124,976 | 113,398 | 118,670 | 108,727 | 109,719 | 121,546 | 110,846 | 119,721 | 143,338 | 133,464 | 164,753 | 148,866 | 169,879 | 173,008 | 149,886 | 159,322 | 157,711 | 180,873 | 187,611 | 195,768 | 196,354 | 193,507 | 182,797 | 174,026 | 197,910 | 215,518 | 204,319 | 220,941 | 215,790 | 208,288 | 208,104 | 209,273 | 181,674 | 191,931 | 185,255 | 179,935 | 0 | 0 | 0 |
CASH FLOWS FROM INVESTING ACTIVITIES: | |||||||||||||||||||||||||||||||||||||||
Purchases of property and equipment | |||||||||||||||||||||||||||||||||||||||
7,322 | 7,680 | 8,076 | 9,004 | 10,021 | 10,300 | 12,392 | 13,068 | 13,462 | 15,884 | 21,791 | 27,704 | 31,663 | 30,391 | 30,595 | 31,081 | 34,578 | 40,102 | 43,750 | 46,637 | 45,454 | 39,927 | 32,645 | 27,800 | 28,811 | 29,329 | 29,552 | 32,682 | 30,297 | 31,296 | 33,096 | 34,809 | 36,627 | 39,027 | 40,621 | 44,835 | 54,945 | 0 | 0 | 0 |
Proceeds from sale of property and equipment | |||||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 14 | 0 | 0 | 0 |
Change in other assets | |||||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | -80 | -80 | -84 | -90 | -100 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | -19 | 0 | 0 | 0 | - | - | - | - |
Purchases of investments | |||||||||||||||||||||||||||||||||||||||
25,629 | 46,457 | 73,994 | 79,746 | 74,215 | 65,002 | 61,364 | 59,687 | 56,631 | 53,901 | 48,498 | 46,053 | 41,621 | 34,240 | 24,001 | 28,912 | 29,714 | 32,341 | 41,932 | 37,651 | 43,404 | 47,496 | 33,791 | 34,707 | 32,314 | 31,017 | 35,378 | 31,333 | 29,933 | 27,814 | 20,167 | 17,710 | 14,099 | 14,710 | 15,390 | 26,565 | 39,698 | 0 | 0 | 0 |
Proceeds from sales/maturities of investments | |||||||||||||||||||||||||||||||||||||||
67,525 | 62,728 | 75,366 | 83,116 | 76,330 | 71,788 | 59,120 | 55,995 | 52,441 | 53,286 | 48,817 | 47,956 | 44,221 | 35,370 | 25,994 | 26,582 | 29,135 | 32,429 | 35,221 | 38,484 | 38,131 | 42,167 | 37,971 | 30,427 | 30,981 | 31,572 | 37,315 | 40,446 | 37,294 | 41,601 | 35,770 | 31,073 | 33,125 | 31,853 | 36,548 | 44,725 | 46,294 | 0 | 0 | 0 |
Net cash flows from investing activities | |||||||||||||||||||||||||||||||||||||||
34,755 | 8,908 | -6,391 | -5,326 | -7,598 | -3,093 | -14,248 | -16,405 | -17,297 | -16,088 | -21,062 | -25,393 | -28,665 | -28,982 | -28,319 | -33,122 | -34,858 | -39,915 | -50,357 | -45,696 | -50,619 | -45,137 | -28,342 | -31,957 | -30,021 | -27,501 | -26,346 | -22,299 | -21,666 | -17,391 | -17,391 | -21,414 | -17,573 | -21,885 | -19,994 | -28,000 | -49,656 | 0 | 0 | 0 |
CASH FLOWS FROM FINANCING ACTIVITIES: | |||||||||||||||||||||||||||||||||||||||
Proceeds from the exercise of stock options | |||||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 846 | 642 | 575 | 633 | 829 | 1,461 | 1,407 | 1,719 | 1,677 | 0 | 0 | 0 |
Excess tax benefit from stock option exercises | |||||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 225 | 285 | 341 | 396 | 399 | 1,996 | 2,128 | 2,073 | 5,609 | 4,280 | 4,734 | 5,056 | 2,371 | 9,172 | 9,002 | 9,310 | 9,455 | 0 | 0 | 0 |
Payment of dividends | |||||||||||||||||||||||||||||||||||||||
112,854 | 97,898 | 97,847 | 97,792 | 97,744 | 133,955 | 133,963 | 133,922 | 133,874 | 85,009 | 84,961 | 84,907 | 84,850 | 96,787 | 95,755 | 94,762 | 93,768 | 178,073 | 177,643 | 177,124 | 176,604 | 100,076 | 99,100 | 98,121 | 97,144 | 254,873 | 254,795 | 254,714 | 254,633 | 38,242 | 144,793 | 144,682 | 144,563 | 261,349 | 154,531 | 154,415 | 154,287 | 0 | 0 | 0 |
Net cash flows from financing activities | |||||||||||||||||||||||||||||||||||||||
-112,922 | -97,966 | -97,915 | -97,792 | -97,744 | -133,955 | -133,963 | -133,922 | -133,874 | -85,009 | -84,961 | -84,907 | -84,850 | -99,321 | -98,974 | -97,981 | -96,987 | -178,633 | -177,518 | -176,999 | -176,309 | -99,791 | -98,759 | -97,725 | -96,745 | -252,604 | -252,138 | -252,112 | -248,178 | -33,319 | -139,780 | -139,289 | -141,659 | -251,013 | -150,116 | -149,380 | -149,149 | 0 | 0 | 0 |
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | |||||||||||||||||||||||||||||||||||||||
52,498 | 35,918 | 9,092 | 15,552 | 3,385 | -27,329 | -26,665 | -39,481 | -31,450 | 42,241 | 27,441 | 54,453 | 35,351 | 41,576 | 45,715 | 18,783 | 27,477 | -60,837 | -47,002 | -35,084 | -31,160 | 51,426 | 66,406 | 53,115 | 47,260 | -82,195 | -62,966 | -70,092 | -48,903 | 165,080 | 51,117 | 47,401 | 50,041 | -91,224 | 21,821 | 7,875 | -18,870 | 0 | 0 | 0 |