Bojangles', inc. (BOJA)
CashFlow / TTM
Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14
Cash flows from operating activities:
Net income

53,558

63,159

69,170

72,006

32,687

35,817

37,402

37,716

35,738

34,629

30,932

26,526

26,593

24,669

24,573

26,120

0

0

0

Adjustments to reconcile net income to net cash provided by operating activities:
Deferred income tax benefit

-44,761

-42,218

-40,278

-40,247

-1,222

-1,682

-1,558

-2,177

-880

-530

-1,689

-1,992

0

0

0

-

-

-

-

Depreciation and amortization

15,707

16,749

16,747

16,550

16,323

16,045

15,759

15,626

15,422

15,167

14,732

14,265

13,670

13,003

12,556

12,085

0

0

0

Amortization of deferred debt issuance costs

640

624

612

614

636

688

735

763

766

775

783

821

807

787

731

733

0

0

0

Impairment

7,337

6,730

2,598

2,041

2,069

2,534

2,022

1,927

1,983

1,584

1,396

1,210

0

0

0

-

-

-

-

Gain on disposal of property and equipment and other

113

293

354

305

140

-132

-268

-47

-53

-136

-139

-336

0

0

0

-

-

-

-

Provision for doubtful accounts

682

550

175

156

-4

82

18

-72

0

0

0

-

-

-

97

78

0

0

0

Benefit for inventory spoilage

-28

-13

6

15

31

15

18

20

21

10

16

23

26

27

26

9

0

0

0

(Benefit) provision for closed stores

-

-

-

-

-

-

-

-51

35

35

85

36

0

0

0

-

-

-

-

Stock-based compensation

2,459

2,461

2,387

1,745

2,059

1,959

1,925

1,827

1,205

1,110

1,900

1,963

2,047

2,079

1,360

1,420

0

0

0

Excess tax benefit from stock-based compensation

-

-

-

-

-

-

-

2,686

0

0

0

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

Cash flows from investing activities:
Net cash provided by operating activities

-

-

51,604

-

-

-

56,211

54,300

55,219

52,167

51,037

45,526

45,424

41,876

43,400

41,643

0

0

0

Purchases of property and equipment

7,952

6,026

8,416

9,616

11,221

12,217

11,871

9,695

9,406

11,326

11,718

12,047

11,122

9,222

7,951

7,495

0

0

0

Proceeds from disposition of property and equipment

-

-

-

163

150

43

56

51

60

68

39

47

0

0

0

-

-

-

-

Cash flows from financing activities:
Net cash used in investing activities

-

-

-8,267

-

-

-

-11,915

-9,744

-9,446

-11,258

-11,865

-12,186

-11,262

-9,369

-11,108

-10,669

0

0

0

Principal payments on long-term debt

36,000

35,225

34,225

32,357

35,357

39,199

41,199

42,736

38,736

33,173

28,072

28,055

0

0

0

-

-

-

-

Stock option exercises

1,369

2,677

2,304

2,456

2,696

1,489

1,101

1,210

0

0

0

-

-

-

-

-

-

-

-

Vesting of restricted stock units

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefit from stock-based compensation

-

-

-

-

-

-

-

2,686

0

0

0

-

-

-

-

-

-

-

-

Purchases of treasury stock

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Principal payments on capital lease obligations

8,237

8,055

7,788

7,491

7,175

6,783

6,431

6,081

5,729

5,343

4,984

4,679

4,441

4,252

4,128

4,010

0

0

0

Net cash used in financing activities

-

-

-45,366

-

-

-

-44,292

-44,921

-41,344

-36,248

-31,880

-32,278

-31,442

-31,694

-29,999

-26,229

0

0

0

Net increase in cash and cash equivalents

-1,702

904

-2,029

154

-1,757

-2,659

4

-365

4,429

4,661

7,292

1,062

2,720

813

2,293

4,745

0

0

0

Supplemental cash flow disclosures:
Cash paid for interest

-

-

6,735

-

-

-

7,227

7,589

7,781

7,978

8,184

8,395

8,786

9,157

9,175

8,972

0

0

0

Cash paid for income taxes

8,905

9,891

14,107

14,209

16,793

18,207

15,979

17,645

17,544

18,487

17,920

19,378

19,398

18,268

17,406

17,508

0

0

0

Assets acquired under capital leases

4,681

5,801

7,890

8,939

9,992

9,857

9,963

8,977

7,580

8,063

7,390

7,815

7,901

7,663

7,772

6,452

0

0

0

Reduction of capital lease obligations upon return of assets

258

225

198

223

187

170

182

206

191

205

200

148

151

161

137

120

0

0

0

Reduction of capital lease obligations upon early termination of lease

-

-

-

-

-

-

-

288

0

0

0

-

-

-

-

-

-

-

-