CONNS INC CONN Cash Flow

Conns inc (CONN)

CashFlow / TTM

Jan'20	Oct'19	Jul'19	Apr'19	Jan'19	Oct'18	Jul'18	Apr'18	Jan'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
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability
75,296	56,743	53,974	22,030	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash flows from operating activities:
Net income (loss)
56,004	84,102	83,589	80,626	73,849	47,574	34,513	21,775	6,463	3,188	-2,196	-18,393	-25,562	-24,427	-23,033	5,429	30,855	45,252	44,609	45,721	58,513	70,790	98,230	99,742	93,449	83,379	70,788	63,232	52,612	42,648	18,140	3,432	-3,723	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation
36,841	35,493	33,832	32,776	31,584	30,930	30,884	30,835	30,806	30,775	30,429	29,841	28,846	27,515	25,900	24,565	22,706	0	0	0	-	-	-	-	13,477	16,162	14,970	13,979	13,891	10,286	11,861	12,387	12,869	0	0	0
Provision for bad debts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Amortization of Right of Use Asset
-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss from retirement of leasehold improvement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Amortization of debt issuance costs
9,828	8,255	8,468	9,121	10,640	12,350	12,070	14,390	16,712	18,037	21,256	21,928	24,044	26,436	26,466	21,219	14,320	7,880	-5,870	-1,087	3,119	2,487	11,758	6,903	3,340	0	0	0	-	0	0	0	-	-	0	0
Provision for bad debts and uncollectible interest
269,295	244,604	247,583	246,746	250,076	249,010	254,936	251,574	261,662	273,877	274,279	279,760	281,872	274,209	275,024	270,056	258,157	249,935	262,012	248,119	219,347	197,612	143,998	121,704	110,302	80,932	69,748	60,304	55,799	0	0	0	-	-	-	-
Loss on extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock-based compensation expense
12,550	13,603	13,253	12,897	12,217	11,295	10,092	9,617	8,680	6,972	6,303	5,287	5,001	5,578	5,692	5,036	4,611	3,800	3,661	3,879	4,097	4,318	4,318	4,198	3,949	3,769	3,532	3,188	2,945	2,728	2,583	2,478	2,354	0	0	0
Charges, net of credits, for facility relocations
3,142	-3,142	-680	-695	0	1,051	1,091	1,156	1,479	563	1,477	1,412	1,089	0	0	0	-	-	-	-	-	-	-	0	-	3,540	706	706	869	0	0	0	-	-	-	-
Excess tax benefits from stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	811	815	1,287	1,293	11,410	2,110	8,404	5,706	-2,746	6,379	-1,349	1,359	-588	-422	166	50	0	0	0
Restructuring Costs and Asset Impairment Charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred Income Tax Expense (Benefit)
7,488	-1,197	-3,973	-4,258	-6,224	49,143	49,094	49,022	49,878	-5,644	-1,515	-2,064	-1,223	-421	-7,028	-11,068	-16,674	-14,803	-23,867	-26,769	-25,540	-22,494	-12,201	-5,226	-1,187	-4,967	-3,713	-671	-16	6,942	-436	1,587	741	0	0	0
Loss (gain) from current and deferred sale/disposal of property and equipment
-	-	-	-	-	-	-	-	-5,529	-5,405	681	547	490	294	1,001	1,329	1,338	1,169	751	394	211	372	-71	0	-10	223	295	81	153	-95	-169	14	-53	0	0	0
Tenant improvement allowances received from landlords
-25,914	-26,974	-26,713	-19,498	-16,821	-11,542	-9,447	-7,319	-7,082	-5,672	-7,411	-19,195	-24,274	-32,630	-33,470	-27,403	-21,822	-22,026	-25,729	-23,868	-23,781	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	202	-28	249	867	1,246	0	0	0
Payments for (Proceeds from) Tenant Allowance
-25,914	-26,974	-26,713	-19,498	-16,821	-11,542	-9,447	-7,319	-7,082	0	0	0	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Change in operating assets and liabilities:
Customer accounts receivable
266,997	286,625	296,243	287,462	300,745	279,742	276,969	258,779	230,201	219,074	199,830	201,167	224,363	279,318	326,597	382,122	432,382	446,356	451,436	441,307	436,018	928,330	443,372	509,169	403,921	-7,610	334,123	106,543	157,335	-31,684	25,974	69,604	26,744	0	0	0
Other accounts receivables
5,346	8,145	-2,905	-7,965	-5,582	-2,031	26,133	10,096	2,917	-8,961	-19,387	-11,152	-16,601	880	11,090	15,987	24,421	8,725	17,168	3,585	8,087	0	0	0	-	-	-	-	7,021	12,243	10,207	1,795	8,070	0	0	0
Inventories
-278	20,452	17,786	22,790	8,140	-8,316	-1,041	19,313	47,038	30,942	5,126	-10,544	-37,113	-33,616	18,065	52,154	42,901	69,549	35,952	-8,475	38,537	152,966	47,064	79,356	46,846	-32,292	35,645	-10,382	11,145	-48,773	-22,164	-16,232	-19,814	0	0	0
Other assets
6,983	3,471	2,227	1,938	-20,950	11	-1,758	-2,355	15,474	211	-1,648	2,661	-308	725	4,173	2,235	2,759	0	0	0	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-
Increase (Decrease) in Prepaid Expense and Other Assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	0	0	0	-	-	-	0
Accounts payable
-23,041	-21,543	-10,827	-25,406	-499	-4,049	-17,069	-23,593	-31,220	-5,722	-13,457	13,144	18,434	-22,374	9,247	5,342	4,074	46,177	7,182	-31,143	-3,374	-14,323	14,714	43,330	13,252	40,248	15,940	13,938	24,897	6,694	14,925	8,128	-13,029	0	0	0
Accrued expenses
-21,689	-11,170	-19,120	9,090	11,158	17,234	34,218	13,433	25,100	8,925	6,065	-2,678	-904	10,486	5,947	9,865	-369	12,089	15,903	3,915	6,548	-15,912	-11,120	-3,663	4,120	19,716	14,020	9,126	1,631	-2,035	502	-2,447	2,030	0	0	0
Increase (Decrease) in Operating Lease Liabilities
-35,816	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income taxes
-9,930	6,736	13,007	-1,083	49,685	5,464	1,661	9,146	-30,590	8,467	18,067	11,224	7,961	-12,311	-20,919	-18,045	-344	14,065	5,850	-11,759	-8,345	-17,052	-3,541	6,305	-3,761	7,606	2,228	8,871	7,916	2,201	1,745	-1,810	-1,612	0	0	0
Deferred revenues and other credits
861	-3,786	-5,267	-10,413	-14,344	-10,694	-10,863	-9,508	-5,429	-5,196	-345	9,318	10,184	4,270	1,205	-6,253	-8,263	-6,099	-4,359	-1,432	-1,599	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenues and allowances
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	1,950	1,240	841	198	0	0	0	-	-	-	0
Net cash provided by operating activities
80,066	62,236	85,593	66,122	151,801	150,717	115,633	95,097	50,522	104,059	163,773	187,281	205,171	76,036	-26,884	-119,966	-172,269	-128,401	-150,671	-164,228	-189,901	-227,357	-223,750	-173,071	-210,262	-147,748	-84,457	-66,383	-22,803	4,893	1,207	50,554	64,517	0	0	0
Cash flows from investing activities:
Purchases of property and equipment
57,546	58,529	53,978	39,764	32,814	27,532	22,949	18,801	16,918	16,747	20,671	33,846	46,556	58,542	65,769	70,799	63,405	55,247	53,232	57,026	61,696	142,365	70,937	73,627	52,127	16,562	62,880	20,721	32,353	-19,258	-8,169	8,515	4,386	0	0	0
Proceeds from asset dispositions
-	-	-	-	-	-	-	-	-	-	-	-	10,806	724	6,298	6,308	5,647	5,490	39	19,314	19,283	19,402	19,276	42	44	22,576	22,579	22,592	22,882	350	350	296	0	0	0	0
Net cash used in investing activities
-56,822	-57,805	-53,978	-39,764	-32,814	-27,532	-22,949	-18,801	-16,918	-6,627	-10,551	-23,736	-35,750	-57,818	-59,471	-64,491	-57,758	-49,757	-53,193	-37,712	-42,413	-48,719	-51,661	-59,129	-52,083	-25,568	-17,867	-12,585	-9,471	-23,054	-13,915	-8,219	-4,386	0	0	0
Cash flows from financing activities:
Proceeds from issuance of asset-backed notes
867,750	381,790	740,090	740,090	358,300	930,520	572,220	572,220	1,042,034	469,814	1,044,124	1,044,124	1,067,850	1,067,850	1,611,540	1,611,540	1,118,000	0	0	0	-	-	-	-	-	-	-	-	103,025	0	0	0	-	-	-	-
Payments on asset-backed notes
505,442	471,625	492,154	602,505	739,875	805,133	898,611	999,680	1,000,027	1,111,144	1,078,322	976,134	1,032,842	951,667	937,569	689,389	399,750	0	0	0	-	-	-	-	32,513	91,088	131,124	38,654	71,167	0	0	0	-	-	-	-
Changes in restricted cash balances
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	119,074	-	0	0	0	-	-	-	-	-4,717	15,875	8,292	-608	4,717	0	0	0	-	-	-	0
Borrowings under revolving credit facility
1,625,440	1,817,684	1,775,752	1,766,802	1,836,822	1,726,293	1,711,307	1,844,235	1,717,012	1,452,397	1,164,260	820,239	724,697	858,559	791,420	713,640	606,288	406,930	491,568	497,200	487,305	502,385	486,270	417,404	451,593	398,047	324,457	291,502	237,896	185,445	172,189	232,896	224,383	0	0	0
Payments on revolving credit facility
1,865,069	1,602,434	1,873,452	1,914,352	1,647,322	1,995,243	1,650,107	1,696,685	1,817,512	1,100,397	1,263,760	898,104	876,404	858,559	1,055,828	1,109,528	805,193	857,393	288,850	540,200	494,150	768,725	459,051	306,424	179,038	328,601	574,976	72,526	288,744	-159,814	-121,121	272,552	190,608	0	0	0
Borrowings from warehouse facility
0	0	0	121,060	173,286	173,286	253,226	132,166	79,940	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments on warehouse facility
53,635	84,409	118,985	118,696	119,650	145,750	132,166	109,845	79,940	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of debt issuance costs and amendment fees
7,876	3,453	7,371	10,327	7,418	13,083	9,818	6,802	13,874	8,113	11,222	12,032	9,716	13,680	41,865	41,065	35,776	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Payment of promissory notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Proceeds from stock issued under employee benefit plans
988	1,017	1,000	1,373	1,237	1,362	2,247	3,329	3,318	3,455	2,555	1,139	1,268	1,443	1,583	2,696	2,653	2,728	2,750	1,525	1,669	7,480	3,423	6,860	17,318	14,712	19,991	17,469	9,457	6,813	5,328	5,067	2,135	0	0	0
Tax payments associated with equity-based compensation transactions
2,216	2,420	2,607	2,908	3,342	3,543	3,400	3,070	1,182	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment for Debt Extinguishment or Debt Prepayment Cost
0	1	1	884	1,178	1,176	2,013	1,130	836	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds from stock issued under employee benefit plans, including tax benefit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Excess Tax Benefit from Share-based Compensation, Financing Activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	811	815	1,287	1,293	0	0	0	-	-	-	-	-	0	0	0	-	0	0	0
Other
-976	-1,125	-1,178	-1,115	-1,068	-1,024	-931	-980	-643	-571	-582	-493	-800	-829	-848	-725	-633	-818	428	-506	-707	-3,803	-5,067	-3,641	-3,560	1,581	-1,113	-2,066	-3,887	0	0	0	-	-	-	-
Net Cash Provided by (Used in) Financing Activities
-7,326	-24,047	-11,925	-21,462	-150,208	-133,491	-158,046	-266,242	-71,710	-151,232	-125,879	19,197	-125,987	10,352	173,598	269,616	308,634	281,469	206,711	202,706	238,810	278,135	275,633	232,083	264,223	172,748	100,928	76,548	29,858	15,920	9,623	-44,226	-64,843	0	0	0
Net change in cash, cash equivalents and restricted cash
15,918	-19,616	19,690	4,896	-31,221	-10,306	-65,362	-189,946	-38,106	-53,800	27,343	182,742	43,434	28,570	87,243	85,159	78,607	103,311	2,847	766	6,496	2,059	222	-117	1,878	-568	-1,396	-2,420	-2,416	-2,241	-3,085	-1,891	-4,712	0	0	0
Non-cash investing and financing activities:
Right-of-use assets obtained in exchange for new financing lease liabilities
0	2,303	2,161	1,629	1,193	0	0	0	3,196	3,900	3,900	3,900	704	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property and equipment purchases not yet paid
9,717	8,661	15,435	9,392	5,557	6,503	3,637	3,097	2,070	73	-2,823	-4,887	857	3,889	7,545	7,913	4,475	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Supplemental cash flow data:
Cash interest paid
50,491	50,210	46,622	50,335	50,568	53,006	55,401	54,747	63,713	62,726	66,653	70,595	71,239	73,066	69,757	60,383	49,192	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash income taxes paid (refunded), net
17,169	17,140	18,381	-39,455	-20,447	-20,263	-21,449	37,561	3,083	2,752	-15,003	-15,282	-15,750	-123	20,380	36,613	36,894	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-