CAPRI HOLDINGS LTD CPRI Cash Flow

Capri holdings ltd (CPRI)

CashFlow / TTM

Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Apr'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12
Net income
346,000	337,000	401,000	542,000	567,400	586,800	652,500	592,000	521,300	573,200	531,200	552,000	754,600	777,500	809,600	837,700	844,019	853,494	867,684	881,000	859,434	785,402	724,220	661,500	601,548	501,933	453,953	397,602	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
253,000	241,000	229,000	225,000	218,100	221,100	216,400	208,000	207,400	209,100	217,200	220,000	213,000	202,300	192,000	183,200	170,546	163,038	151,002	138,400	124,567	108,730	92,723	79,700	70,897	63,010	57,211	54,291	0	0	0
Equity compensation expense
87,000	83,000	75,000	60,000	58,400	54,900	52,200	50,000	36,900	33,700	35,000	34,000	36,400	43,900	45,700	48,400	54,155	53,221	53,246	48,900	41,626	37,542	31,677	29,100	26,646	24,265	21,527	20,932	0	0	0
Losses on store lease exits
-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
-83,000	-92,000	-82,000	-71,000	-12,100	16,400	14,900	9,000	-30,500	-59,900	-61,400	-60,000	2,700	4,500	5,000	-1,900	13,836	10,702	8,705	6,200	-41,043	-35,775	-30,677	-29,900	5,172	4,655	6,985	3,222	0	0	0
Impairment of long-lived assets
224,000	211,000	114,000	21,000	31,100	27,700	37,000	33,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Charges to lease related balances, net
0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax deficit (benefit) on exercise of share options
-2,000	-1,000	11,000	24,000	30,800	30,100	22,900	7,000	800	4,100	1,300	7,000	16,700	14,800	13,600	21,100	15,880	24,747	34,914	45,300	50,189	44,046	55,121	54,700	60,473	64,739	156,347	144,508	0	0	0
Loss on disposal of fixed assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-2,100	-2,400	-2,800	-2,398	-1,638	-1,762	-1,900	-3,467	-3,570	-4,417	-3,800	-2,188	-2,073	-202	-229	0	0	0
Amortization of deferred financing costs
7,000	5,000	4,000	4,000	4,500	5,500	4,800	4,000	0	0	0	-	-	900	900	900	740	726	713	700	700	701	700	700	732	723	714	703	0	0	0
Amortization of deferred rent
-	-	-	-	-	-	-	-	-	-	-	-	-	3,000	3,200	2,600	3,167	3,654	4,063	5,100	5,117	5,885	6,542	6,300	6,252	4,852	3,333	3,245	0	0	0
Foreign currency losses
-5,000	-81,000	-79,000	-80,000	-80,700	3,000	8,800	13,000	13,900	3,400	-500	-3,000	-3,300	-6,900	-5,500	-4,800	-2,035	5,945	1,205	1,500	0	0	0	-	-	-	-	-1,363	0	0	0
Other non-cash charges
-	-	-	-	-	-	-	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	258	0	0	0
Unrealized foreign exchange loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-
Loss (income) earned on joint venture
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-658	-1,111	-1,003	100	0	0	0	-	-	-	-	-	-	-	-
Change in assets and liabilities:
Receivables, net
3,000	-40,000	-26,000	23,000	7,100	33,600	55,200	-19,000	-3,500	-12,400	-30,700	-60,000	-71,000	-83,200	-67,500	-52,500	5,652	30,249	56,770	83,300	42,954	122,475	54,610	104,400	111,693	34,540	58,625	73,080	0	0	0
Inventories, net
6,000	140,000	136,000	125,000	101,800	-48,400	-49,600	-46,000	-62,000	-12,800	2,200	-21,000	-29,100	-43,500	-31,900	16,300	52,749	91,355	93,042	112,400	121,221	223,820	205,513	158,200	140,703	125,497	72,534	81,108	0	0	0
Prepaid expenses and other current assets
52,000	49,000	42,000	31,000	33,900	-3,700	-32,700	-49,000	-70,100	-5,700	13,700	1,000	78,700	37,200	-8,100	5,300	-56,440	-47,769	21,480	20,100	42,290	56,965	7,607	5,200	58,474	11,642	-3,432	3,866	0	0	0
Other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	1,636	4,110	6,300	7,230	3,072	3,672	4,300	4,932	3,748	978	-6	0	0	0
Accounts payable
-94,000	-26,000	-52,000	-48,000	52,400	-6,400	-1,300	-21,000	-58,800	-5,900	-12,300	37,000	41,400	-6,200	10,600	14,200	3,719	7,993	10,414	-8,600	26,553	59,717	42,091	53,700	41,637	33,538	23,719	17,698	0	0	0
Accrued expenses and other current liabilities
-31,000	-44,000	1,000	20,000	76,400	46,800	42,100	56,000	-11,200	11,800	-43,000	-54,000	87,400	70,500	102,600	125,600	22,572	50,080	16,250	36,300	105,404	104,551	96,067	126,500	161,647	9,780	183,358	151,231	0	0	0
Other long-term assets and liabilities
43,000	52,000	48,000	42,000	-17,000	-12,900	-13,100	8,000	34,700	1,900	8,000	18,000	0	0	0	-	-	5,953	5,394	10,500	26,963	24,264	28,654	25,400	22,854	24,338	19,053	14,894	0	0	0
Net cash provided by operating activities
670,000	673,000	646,000	694,000	964,700	996,900	1,073,700	1,062,000	1,012,600	1,016,300	906,000	1,035,000	1,184,500	1,204,400	1,293,100	1,249,500	1,109,600	1,051,947	915,215	857,900	892,157	650,367	672,735	633,000	564,513	431,643	487,905	363,837	0	0	0
Cash flows from investing activities
Capital expenditures
210,000	196,000	194,000	181,000	171,200	152,100	146,200	120,000	101,100	123,700	132,900	165,000	226,700	275,000	310,100	369,200	363,667	392,197	389,013	356,200	340,491	268,523	224,578	184,700	173,428	152,060	137,260	121,321	0	0	0
Purchase of intangible assets
-	-	-	-	-	-	-	-	-	-	-	5,000	7,600	7,800	4,200	11,400	12,450	26,440	32,096	29,200	32,988	26,172	27,461	28,800	0	0	0	-	-	-	-
Cash paid for business acquisitions, net of cash acquired
1,874,000	1,874,000	1,876,000	1,875,000	2,500	1,415,600	1,413,600	1,415,000	1,414,900	1,800	1,800	481,000	484,200	481,200	480,100	-500	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Settlement of a net investment hedges
43,000	42,000	34,000	11,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity method investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-
Net cash used in investing activities
-2,042,000	-2,138,000	-2,116,000	-2,125,000	-252,200	-1,499,000	-1,557,800	-1,533,000	-1,513,900	-161,500	-139,500	-651,000	-718,500	-764,100	-794,500	-381,100	-373,077	-418,497	-425,009	-388,400	-378,419	-299,635	-254,039	-215,500	-206,317	-184,526	-160,881	-139,099	0	0	0
Cash flows from financing activities
Debt borrowings
2,451,000	4,719,000	4,160,000	4,204,000	4,038,200	2,697,100	2,544,400	2,520,000	2,957,000	1,495,000	1,403,000	1,240,000	361,900	570,500	439,200	192,600	0	0	0	-	-	-	-	21,100	21,120	18,361	18,214	16,280	0	0	0
Debt repayments
2,930,000	3,115,000	2,599,000	2,560,000	2,487,900	1,943,000	1,884,100	1,784,000	2,115,500	1,856,800	1,477,700	1,093,000	201,400	202,000	202,000	199,800	0	0	0	-	-	-	-	21,100	21,120	32,092	47,465	38,954	0	0	0
Purchase of treasury shares
102,000	102,000	103,000	207,000	407,000	307,100	306,700	361,000	411,200	511,200	760,900	1,005,000	954,800	1,056,000	1,205,700	1,152,400	1,044,445	1,245,363	845,363	495,300	0	0	0	-	-	-	-	-	-	-	-
Tax benefits on exercise of share options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15,880	24,747	34,914	45,300	50,189	44,046	55,121	54,700	60,473	64,739	156,347	144,508	0	0	0
Exercise of employee share options
6,000	9,000	23,000	29,000	31,500	31,000	19,900	14,000	5,500	4,800	5,100	8,000	14,200	12,900	10,800	12,700	11,740	13,157	15,027	15,300	15,525	14,100	17,762	19,000	18,214	19,811	34,285	30,435	0	0	0
Payment of deferred financing costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,708	0	0	0
Other financing activities
-	-	-	-	-	-	-	-	0	0	-200	-	-100	-100	-100	-100	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in financing activities
-575,000	1,496,000	1,466,000	1,451,000	1,160,000	478,100	373,700	389,000	435,600	-868,300	-830,700	-850,000	-793,400	-686,200	-968,500	-1,149,400	-1,022,325	-1,207,459	-795,422	-434,700	-337,518	54,685	69,246	71,100	74,416	68,983	159,710	150,561	0	0	0
Effect of exchange rate changes on cash and cash equivalents
-2,000	-7,000	-6,000	-11,000	-4,300	400	6,300	15,000	13,600	5,700	1,200	-6,000	500	800	-1,500	4,100	-20,234	-23,478	-28,060	-27,100	-16,514	-10,060	-111	-4,700	-2,546	-2,002	-2,152	-1,641	0	0	0
Net increase in cash and cash equivalents
-1,949,000	24,000	-10,000	9,000	1,868,200	-23,600	-104,100	-67,000	-52,100	-7,800	-63,000	-472,000	-326,900	-245,100	-471,400	-276,900	-306,036	-597,487	-333,276	7,700	159,706	395,357	487,831	483,900	430,066	314,098	484,582	373,658	0	0	0
Supplemental disclosures of cash flow information
Cash paid for interest
88,000	74,000	62,000	45,000	28,500	24,800	22,700	11,000	7,400	4,500	5,000	4,000	4,200	2,800	1,600	1,500	563	759	727	700	724	781	764	700	597	344	498	484	0	0	0
Cash paid for income taxes
119,000	136,000	160,000	172,000	147,000	131,100	116,100	104,000	91,300	138,900	166,600	171,000	231,900	242,300	227,900	273,000	263,492	266,314	383,530	373,300	389,756	381,449	309,025	280,700	222,994	159,575	76,927	70,500	0	0	0
Supplemental disclosure of non-cash investing and financing activities
Accrued capital expenditures
29,000	29,000	20,000	25,000	27,000	33,100	41,200	26,000	8,800	7,200	7,600	23,000	24,200	37,100	36,200	33,600	52,710	30,056	34,288	32,900	23,455	32,867	29,574	16,300	14,480	14,356	9,772	12,289	0	0	0