Dick's sporting goods, inc. (DKS)
CashFlow / Quarterly
Feb'20Nov'19Aug'19May'19Feb'19Oct'18Aug'18May'18Feb'18Oct'17Jul'17Apr'17Jan'17Oct'16Jul'16Apr'16Jan'16Oct'15Jul'15Apr'15Jan'15Oct'14Jul'14Apr'14Jan'14Oct'13Jul'13Apr'13Jan'13Oct'12Jul'12Apr'12Jan'12Oct'11Jul'11Apr'11Jan'11Oct'10Jul'10Apr'10
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income

69,819

57,584

112,534

57,525

102,555

37,827

119,397

60,085

115,951

36,914

112,385

58,195

90,188

48,914

91,417

56,877

128,992

47,215

90,839

63,345

155,536

49,212

69,466

69,984

138,637

49,977

84,163

64,821

129,750

50,139

53,663

57,157

111,076

41,484

73,848

37,498

87,489

16,863

51,516

26,209

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation, amortization, and other

69,296

72,441

62,687

66,024

66,027

58,212

63,859

56,666

76,457

57,436

56,041

53,044

84,703

52,600

48,541

47,990

56,911

46,087

48,020

42,576

48,431

41,229

52,912

36,859

41,491

37,123

43,506

32,808

36,469

30,527

30,444

27,656

32,965

28,300

27,880

27,436

30,083

28,158

26,287

25,866

Deferred income taxes

2,278

1,171

-3,889

-720

-4,532

-5,143

2,860

1,557

-16,692

20,883

-1,663

39,925

-47,654

-6,774

-1,253

10,645

20,355

-9,793

-6,808

5,489

11,804

3,361

-13,763

-7,661

19,845

19,263

-1,086

-13,459

7,766

861

-5,866

-5,123

-2,643

19,402

3,252

5,141

19,318

12,594

3,473

-17,380

Stock-based compensation

11,751

8,660

11,175

11,907

10,158

9,677

10,440

11,666

11,477

8,733

6,882

9,147

8,856

8,153

8,346

8,247

7,601

7,487

7,192

7,008

6,845

6,515

6,210

6,705

6,509

6,685

6,840

7,085

8,538

8,436

8,115

7,092

4,844

5,749

6,822

6,504

6,895

5,422

6,512

5,999

Excess tax benefit from exercise of stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

466

728

5,114

5,393

-6

335

6,231

5,940

5,491

2,766

12,709

-1,558

21,598

30,918

8,945

5,448

2,525

1,151

11,644

14,501

1,456

446

5,774

Tax benefit from exercise of stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

23

18

84

-

1,620

3,002

139

243

190

40

191

588

247

28

418

Gain on sale of asset

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

14,428

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Other non-cash items

-

-

-

-

-

-

-

-

-

-234

-181

-180

-180

-180

-180

-181

-184

-177

-132

-133

-141

-145

-145

-145

-146

-145

-145

-145

-145

-311

-147

231

-228

-393

-383

-378

-376

-388

-1,161

387

Changes in assets and liabilities:
Accounts receivable

-23,036

-4,223

11,426

15,433

-23,433

-97

4,852

2,463

-17,937

10,397

9,741

-1,993

-33,877

-2,763

21,251

19,514

-16,144

9,897

15,209

-2,550

-15,943

3,123

10,648

375

-19,160

7,160

16,810

4,880

-13,046

4,146

8,776

4,452

-14,558

4,728

8,166

5,014

-19,719

6,758

5,669

-1,973

Inventories

-380,437

445,915

-5,225

317,326

-372,081

400,983

-47,103

112,332

-468,112

260,583

1,404

277,876

-480,482

376,872

-27,418

215,761

-469,918

381,383

-8,031

232,986

-374,352

346,459

-62,064

248,659

-337,969

294,819

-37,522

216,551

-286,498

248,090

-67,159

186,756

-228,155

216,291

-28,010

157,976

-265,257

176,353

-23,950

113,973

Prepaid expenses and other assets

-2,579

-8,991

-2,814

7,983

-3,030

2,497

-15,262

4,815

8,225

7,861

-13,676

26,662

-8,649

1,769

-10,850

20,012

2,581

10,708

-8,901

16,878

-1,866

1,890

-3,427

14,407

-2,035

-2,986

2,283

10,455

40,292

-32,287

-3,611

4,299

3,316

443

-4,086

9,501

-20,434

15,951

-1,945

8,398

Accounts payable

-74,057

178,809

-33,081

22,531

-109,227

172,502

42,399

19,958

-191,974

70,693

36,708

209,201

-282,499

205,007

-8,289

145,651

-290,600

176,944

-15,590

163,478

-208,886

156,971

-35,588

168,833

-197,662

125,888

-68,603

152,061

-192,288

136,775

-87,801

129,726

-131,049

101,343

-38,762

142,418

-148,142

71,882

-21,764

95,773

Accrued expenses

26,402

-6,485

61,009

-43,100

10,220

1,596

48,878

-39,322

-9,807

26,189

18,748

-21,533

-3,517

34,725

22,423

10,838

-33,627

29,179

19,003

-9,365

-9,374

17,835

10,426

-2,729

-10,557

19,001

12,439

-28,000

-5,594

-1,351

29,917

-28,548

1,411

-6,458

31,533

-47,896

36,940

2,237

18,248

-33,460

Income taxes payable / receivable

19,296

-31,704

-17,236

20,330

22,351

-26,334

-7,690

19,637

84,003

-61,022

-52,472

-9,856

84,875

-41,060

-1,369

-16,412

43,582

-22,734

-4,776

-8,914

48,838

-16,856

-21,249

21,743

53,323

-39,468

-2,131

-25,081

59,092

26,637

-981

7,604

65,867

-54,974

29,071

14,959

32,315

-26,127

-16,630

22,238

Deferred construction allowances

12,361

3,637

5,574

16,387

4,290

10,294

7,412

5,734

23,230

14,593

38,772

25,117

65,706

45,847

52,109

16,202

46,969

43,565

34,503

40,579

13,732

42,964

20,932

24,002

10,635

24,369

5,661

7,095

6,947

9,553

3,999

8,192

5,475

8,516

6,232

6,455

6,197

158

4,053

762

Deferred revenue and other liabilities

45,893

-3,184

-458

-32,294

52,541

-11,309

-10,080

-35,470

50,894

-14,762

-10,093

-24,403

52,066

-9,259

-6,034

-17,393

64,315

-2,843

-5,979

-16,393

49,386

628

-5,704

-19,857

46,107

-1,631

-15,857

-28,316

48,074

-5,605

-13,335

-16,982

51,891

-9,772

-8,745

-23,404

44,514

4,510

-11,566

-14,293

Net cash used in operating activities

617,387

-185,551

194,928

-222,152

552,227

-155,361

334,988

-19,099

620,768

-118,950

208,020

36,472

575,912

-37,545

223,088

7,539

534,471

-87,170

167,531

35,508

503,221

-49,462

138,295

13,924

461,573

-63,109

80,758

-75,352

354,948

16,356

84,750

-17,770

374,257

-89,814

140,433

-14,455

407,482

-84,186

80,324

-13,653

CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures

51,758

54,711

64,110

46,882

62,931

38,773

47,166

49,349

87,747

150,887

121,821

113,892

114,618

98,853

119,615

88,834

96,066

119,177

89,061

65,724

77,750

120,875

86,464

63,918

88,806

101,383

61,525

33,954

61,578

62,290

53,907

41,251

53,769

62,438

53,016

32,584

41,615

55,841

37,311

24,300

Proceeds from sale of other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1,142

0

73,392

0

0

11,000

0

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of JJB Sports convertible notes and equity securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

31,986

0

0

0

0

-

-

-

-

Proceeds from sale-leaseback transactions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12,055

5,998

3,063

10

9,222

4,857

5,874

0

Deposits and purchases of other assets

-

-

-

-

-

-

-

-

0

0

0

2,344

4,475

-18,252

23,404

8

0

2,000

0

406

3,767

26,701

75

4

4,459

11,579

13,795

34,674

21,929

10,411

19,198

25,210

15,023

10,007

6,015

2,030

22,021

0

0

0

Net cash used in investing activities

-7,058

-10,221

-65,110

-46,882

-62,931

-38,773

-47,166

-49,349

-88,204

-159,387

-121,821

-116,236

-201,076

-117,387

-143,019

-88,842

-96,066

-121,177

-89,061

-66,130

-81,517

-146,434

-86,539

9,470

-93,265

-112,962

-64,320

-68,628

-80,101

-72,701

-73,105

-98,447

-56,737

-66,447

-41,828

-34,604

-54,414

-50,984

-31,437

-24,300

CASH FLOWS FROM FINANCING ACTIVITIES:
Revolving credit borrowings

484,800

592,900

550,550

635,300

151,900

560,700

470,000

692,800

311,600

682,500

1,103,500

645,200

421,400

555,200

573,900

609,100

319,000

553,500

341,300

124,300

344,200

601,200

456,400

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Revolving credit repayments

980,000

315,100

478,550

265,800

534,200

286,800

641,700

412,700

766,300

414,600

1,009,150

552,750

682,300

446,300

579,500

451,500

661,400

211,100

392,500

73,100

624,700

320,700

456,400

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments on other long-term debt and finance lease obligations

-52,886

-1,321

-1,314

-1,330

-1,318

-1,295

-1,296

-1,333

-1,302

-913

-159

-157

-151

-149

-145

-143

-139

-135

-133

-130

-119

-124

-122

-560

-6,845

-524

-884

-731

-6,466

-245

-131,469

-7,142

-257

-251

-246

-241

-237

-239

-227

-231

Construction allowance receipts

-

0

0

0

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Proceeds from exercise of stock options

4,405

887

60

213

0

0

0

0

0

268

2,698

13,592

6,139

8,972

235

15,743

1,949

798

8,625

9,245

15,450

1,792

934

7,945

8,562

12,184

9,827

12,909

6,602

26,744

33,979

10,960

11,670

2,434

4,917

14,077

33,708

10,019

1,209

8,016

Excess tax benefit from exercise of stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

466

728

5,115

5,616

0

348

6,240

6,140

5,491

2,766

12,709

3,306

21,598

30,918

8,945

5,448

2,525

1,151

11,644

14,501

1,456

446

5,774

Minimum tax withholding requirements

3,150

8

453

5,859

164

1,258

87

3,919

70

111

120

5,540

151

290

338

6,281

50

84

112

7,507

71

77

146

7,499

78

213

104

12,773

189

92

52

5,185

16

104

134

3,321

-

-

-

-

Cash paid for treasury stock

36,092

99,524

159,319

107,305

33,729

107,917

73,789

107,917

42,464

75,925

142,997

23,197

29,732

9,003

57,003

50,000

57,276

150,000

0

150,000

0

75,001

99,999

25,000

149,999

25,000

0

80,603

0

0

94,917

103,857

1,224

0

0

0

0

0

0

0

Cash dividends paid to stockholders

23,772

23,282

24,246

27,012

21,134

22,099

22,312

23,728

17,724

17,854

18,234

19,287

16,726

16,756

16,877

17,613

15,480

15,810

16,012

17,413

14,698

14,900

15,045

16,619

15,455

15,427

15,382

18,168

261,304

15,251

14,999

15,418

60,460

0

0

0

-

-

-

-

Increase (decrease) in bank overdraft

-21,918

12,103

7,747

19,616

-29,099

20,634

1,053

-71,387

-26,873

22,687

1,397

-34,447

6,039

36,363

19,529

-44,538

26,491

-18,693

21,512

-189

-3,548

-18,468

23,025

-30,267

21,905

14,045

8,240

-682

33,927

-32,328

-5,649

14,472

-21,644

8,640

-10,410

13,351

-14,446

5,210

20,912

5,720

Net cash provided by financing activities

-628,613

166,655

-105,525

247,823

-467,744

161,965

-268,131

71,816

-543,133

258,544

-63,065

23,414

-295,482

128,037

-60,199

54,768

-393,214

158,942

-36,592

-109,679

-277,870

173,722

-91,005

-65,760

-252,170

106,956

4,463

-87,339

-224,124

426

-182,189

-97,225

-66,483

13,244

-4,722

35,510

33,526

16,446

22,340

19,279

EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS

-4

6

17

-19

-2

2

-20

-22

7

-7

81

-27

15

-22

-38

92

-54

-16

-67

31

-88

-25

9

7

-54

-3

-25

-6

-2

8

-19

7

-7

-26

7

22

12

1

-16

21

NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS

-18,288

-29,111

24,310

-21,230

21,550

-32,167

19,671

3,346

-10,562

-19,800

23,215

-56,377

79,369

-26,917

19,832

-26,443

45,137

-49,421

41,811

-140,270

143,746

-22,199

-39,240

-42,359

116,084

-69,118

20,876

-231,325

50,721

-55,911

-170,563

-213,435

251,030

-143,043

93,890

-13,527

386,606

-118,723

71,211

-18,653

Supplemental disclosure of cash flow information:
Construction in progress - leased facilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,868

2,339

2,138

0

0

0

-

-

-

-

Accrued property and equipment

9,841

-5,350

10,735

17,520

4,629

-94

162

14,240

-14,759

-12,714

-527

57,834

9,820

-18,676

13,619

65,366

-22,226

-20,200

47,507

38,400

-13,808

-14,369

29,481

41,596

-40,280

3,616

48,804

28,605

-20,796

9,355

17,618

17,595

-3,500

-11,837

9,110

12,426

-9,859

-2,848

21,287

325

Cash paid for interest

-

-

-

2,456

-

-

-

2,045

-

2,203

1,858

941

1,945

934

1,279

825

1,547

666

639

456

931

524

620

556

660

504

574

517

655

550

851

3,296

3,137

3,146

3,098

3,107

3,097

3,132

3,109

3,046

Cash paid during the fiscal year for income taxes

11,240

49,678

59,561

3,219

16,611

44,351

48,386

4,670

5,731

61,099

115,020

3,948

16,782

75,945

58,467

45,518

15,989

58,460

68,536

43,756

35,410

43,500

78,265

29,615

13,672

52,013

56,979

83,733

16,448

8,564

56,832

35,543

5,545

60,031

15,034

4,139

4,633

22,544

46,026

12,027