Boot barn holdings, inc. (BOOT)
CashFlow / Yearly
Mar'20Mar'19Mar'18Apr'17Mar'17Mar'16Mar'15Mar'14Mar'13
Cash flows from operating activities
Net income

47,949

39,022

28,879

14,197

14,197

9,868

13,730

5,660

680

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation

21,200

18,300

16,000

14,600

14,555

11,480

6,615

4,628

2,662

Stock-based compensation

4,908

2,873

2,248

3,023

3,023

2,881

2,048

1,291

787

Excess tax benefit

-

-

-

-

-

3,621

681

-

-

Amortization of intangible assets

200

600

1,100

2,155

2,155

2,536

2,592

-

-

Amortization of right-of-use assets

31,091

-

-

-

-

-

-

-

-

Amortization of intangible assets

-

-

-

-

-

-

-

3,501

2,926

Amortization of debt issuance fees and debt discount

946

1,235

1,199

1,145

1,145

2,274

3,684

2,507

-

Amortization of deferred loan fees and debt discount

-

-

-

-

-

-

-

-

435

Loss on disposal of property and equipment

-417

-23

-252

-367

-367

-463

-134

-1,980

-322

Gain on adjustment of right-of-use assets and lease liabilities

186

-

-

-

-

-

-

-

-

Damaged asset write-off

-

312

2,357

-

-

-

-

-

-

Store impairment charge

200

500

100

1,164

1,164

0

0

-

-

Accretion of above market leases

-

-28

-2

-36

-36

-72

-149

-

-

Accretion of above market leases

-

-

-

-

-

-

-

-230

-231

Deferred taxes

2,599

4,172

1,860

6,175

6,175

981

1,402

-1,874

-

Deferred taxes

-

-

-

-

-

-

-

-

-633

Amortization of inventory fair value adjustment

-

-

-

-

0

500

0

867

9,199

Changes in operating assets and liabilities, net of acquisition:
Accounts receivable, net

-5,721

3,706

35

223

223

-1,524

1,672

710

209

Inventories

45,622

27,702

24,598

12,761

12,761

16,087

26,610

14,100

4,821

Prepaid expenses and other current assets

2,351

-4,179

3,281

3,805

3,805

-7,543

1,667

871

2,490

Other assets

548

254

167

-5

-5

2,713

362

-104

-199

Accounts payable

-13,810

14,191

13,062

10,501

10,501

6,835

7,364

3,190

4,916

Accrued expenses and other current liabilities

6,310

6,882

3,977

-483

-483

5,068

3,298

5,944

2,494

Other liabilities

-3,611

2,704

1,238

5,172

5,172

4,469

1,782

893

-4,312

Operating leases

30,070

-

-

-

-

-

-

-

-

Net cash provided by operating activities

25,317

63,260

44,200

41,151

41,151

32,929

-

-

-

Cash flows from investing activities
Net cash provided by operating activities

-

-

-

-

-

-

11,508

12,780

11,924

Purchases of property and equipment

37,195

27,525

24,418

22,293

22,293

36,127

14,074

11,400

3,848

Insurance recoveries for property and equipment

717

184

865

-

-

-

-

-

-

Proceeds from sale of property and equipment

-

-

-

-

-

-

-

24

61

Purchase of trademark rights

-

-

-

-

-

-

-

200

-

Acquisition of business, net of cash acquired

3,688

4,424

-

1,305

-

-

-

15,696

41,912

Acquisition of business or assets, net of cash acquired

-

-

-

-

1,305

146,541

-

-

-

Net cash used in investing activities

-40,166

-31,765

-23,553

-23,598

-23,598

-182,668

-

-

-

Cash flows from financing activities
Net cash used in investing activities

-

-

-

-

-

-

-14,074

-27,272

-45,699

Borrowings/(payments) on line of credit - net

129,900

-21,006

-12,268

-15,541

-15,541

32,615

-12,424

9,714

4,324

Proceeds from loan borrowings

-

-

-

-

-

200,938

104,938

100,000

10,583

Proceeds from loan borrowings - related parties

-

-

-

-

-

-

-

-

25,500

Repayments on debt and finance lease obligations

65,553

10,554

10,448

2,378

2,378

77,899

130,326

70,126

1,461

Debt issuance fees paid

1,221

-

520

-

-

6,487

1,361

3,350

1,167

Net proceeds from initial public offering

-

-

-

-

-

-

82,224

-

-

Tax withholding payments for net share settlement

532

474

125

69

69

-

-

-

-

Excess tax benefit from stock options

-

-

-

-

-

3,621

681

-

-

Proceeds from the exercise of stock options

5,204

8,137

3,695

1,275

1,275

2,698

464

-

-

Net cash provided by/(used in) financing activities

67,798

-23,897

-19,666

-16,713

-16,713

155,486

-

-

-

Net increase in cash and cash equivalents

52,949

7,598

981

840

-

-

-

-

-

Net decrease in cash and cash equivalents

-

-

-

-

840

5,747

-

-

-

Dividends paid

-

-

-

-

-

-

41,300

-

-

Proceeds from the issuance of common stock related to stock-based compensation

-

-

-

-

-

-

-

-

1,999

Payment of assumed contingent consideration and debt from acquisitions

-

-

-

-

-

-

-

21,818

5,405

Net cash (used in)/provided by financing activities

-

-

-

-

-

-

2,896

14,420

34,373

Net increase in cash and cash equivalents

-

-

-

-

-

-

330

-72

598

Supplemental disclosures of cash flow information:
Cash paid for income taxes

13,391

649

614

4,192

4,192

3,296

-

-

-

Cash paid for income taxes

-

-

-

-

-

-

8,297

4,849

3,337

Cash paid for interest

11,958

14,947

13,743

13,646

13,646

10,333

-

-

-

Cash paid for interest

-

-

-

-

-

-

11,167

9,110

6,275

Supplemental disclosure of non-cash activities:
Unpaid purchases of property and equipment

6,066

1,877

1,315

2,421

2,421

1,992

1,374

132

65

Equipment acquired through capital lease

-

171

-

-

-

38

36

28

-