Duluth holdings inc. (DLTH)
CashFlow / TTM
Feb'20Nov'19Aug'19May'19Feb'19Oct'18Oct'18Jul'18Jul'18Apr'18Apr'18Jan'18Jan'18Oct'17Jul'17Apr'17Jan'17Jan'17Oct'16Jul'16Apr'16Jan'16Oct'15Jul'15Apr'15
Cash flows from operating activities:
Net income

18,499

14,763

11,597

16,203

23,165

-

22,298

-

24,628

22,529

22,529

-

23,627

18,041

19,301

18,632

-

21,529

25,148

26,210

28,247

27,686

0

0

0

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

22,083

20,341

16,930

14,677

12,594

-

10,413

-

9,119

8,087

8,087

-

7,330

6,587

6,027

5,381

-

4,698

4,054

3,614

3,152

2,837

0

0

0

Stock-based compensation

647

645

1,839

1,733

1,668

-

1,716

-

1,838

1,682

1,682

-

1,597

1,441

1,226

1,268

-

1,224

1,190

1,003

820

720

0

0

0

Deferred income taxes

-1,151

7,235

7,628

7,657

7,999

-

443

-

628

595

595

-

533

1,325

1,346

1,538

-

1,536

0

0

0

-

-

-

-

Changes in operating assets and liabilities:
Receivables

-1,518

4,354

4,679

4,682

4,329

-

0

-

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts receivable

-

-

-

-

-

277

-

12

-

-1

-

7

-

32

-10

-14

-

25

-24

23

13

3

0

0

0

Other receivables

-

0

0

7,711

-

-

1,158

-

-83

-519

-519

-76

-

-1,414

18

626

-

273

2,355

141

235

2

0

0

0

Inventory

50,164

51,667

16,047

7,254

11,013

-

5,309

-

16,804

23,463

23,463

-

17,553

30,575

16,470

16,113

-

14,446

23,327

18,354

15,491

13,623

0

0

0

Prepaid expense & other current assets

-5,429

-1,901

1,845

1,514

5,618

-

4,135

-

1,836

4,036

4,036

-

2,320

4,494

3,914

1,139

-

1,177

-462

182

624

967

0

0

0

Deferred catalog costs

-

0

0

146

-

-

-9

-

2,114

1,844

1,844

-419

-

19

-1,455

-1,140

-

-1,472

-1,676

-2,606

-2,507

-1,502

0

0

0

Trade accounts payable

7,564

21,018

20,230

12,944

10,282

-

6,824

-

540

4,734

4,734

-

6,363

8,990

-1,962

1,800

-

-2,962

-3,746

-487

-5,183

-5,544

0

0

0

Income taxes payable

3,209

0

-2,236

-7,359

-7,562

-

-149

-

1,786

1,732

1,732

-

2,406

0

-13

3,513

-

3,917

0

0

0

-

-

-

-

Accrued expenses and deferred rent obligations

-2,260

-3,443

3,217

-77

7,008

-

10,646

-

11,593

11,887

11,887

-

7,395

9,401

22

5,127

-

4,757

1,380

1,966

-2

264

0

0

0

Net cash provided by operating activities

6,696

6,973

35,635

28,971

31,095

-

41,323

-

29,451

22,425

22,425

-

29,868

12,079

7,013

20,538

-

20,253

4,696

16,334

15,155

14,214

0

0

0

Cash flows from investing activities:
Purchases of property and equipment

24,435

28,057

40,011

47,051

53,036

-

54,841

-

53,208

52,137

52,137

-

46,464

45,147

34,213

33,523

-

28,672

21,779

17,977

8,287

7,306

0

0

0

Capital contributions towards build-to-suit stores

6,354

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Principal receipts from available-for-sale security

117

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in other assets

15

14

-106

468

438

-

-5,649

-

-5,733

165

165

-

235

0

0

0

-

-

-

-

-

-

-

-

-

Purchases of other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

56

0

0

0

Net cash used in investing activities

-30,687

-31,959

-43,123

-49,540

-53,735

-

-55,430

-

-53,730

-58,625

-58,625

-

-53,022

-50,342

-40,216

-33,784

-

-28,906

-23,224

-18,812

-8,322

-7,362

0

0

0

Cash flows from financing activities:
Proceeds from line of credit

271,754

254,183

177,864

162,794

130,086

-

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

102,862

0

0

0

Payments on line of credit

268,965

248,714

167,864

144,804

113,544

-

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

103,462

0

0

0

Proceeds from long term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

47,100

0

0

0

Payments on long term debt

495

718

617

516

416

-

80

-

73

63

63

-

54

44

4,111

4,168

-

4,226

50,581

46,566

46,545

46,899

0

0

0

Change in bank overdrafts

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Payments on finance lease obligations

891

0

0

0

-

-

0

-

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from finance lease obligations

-

-

-

-

2,281

-

2,532

-

3,580

3,703

3,703

-

3,949

0

0

0

-

-

-

-

-

-

-

-

-

Payments on capital lease obligations

-

-

-

-

-

5

-

7

-

11

-

15

-

20

21

20

20

-

19

19

19

261

0

0

0

Distributions to shareholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

192

46,598

50,354

54,110

60,077

0

0

0

Shares withheld for tax payments on vested restricted stock

315

314

313

277

35

-

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital contributions to variable interest entities

-

-

-

-

-

-

-

-

-

-

-

-

794

0

0

0

-

-

-

-

-

344

0

0

0

Other

407

503

409

339

270

-

98

-

86

66

66

-

49

0

0

0

-

-

-

-

-

-

0

0

0

Net cash provided by financing activities

21,495

25,756

10,067

19,037

18,642

-

14,173

-

23,976

25,950

25,950

-

4,760

41,217

13,781

-2,705

-

-3,743

18,492

25,414

23,148

23,140

0

0

0

Decrease in cash and restricted cash

-2,496

770

2,579

-1,532

-3,998

-

66

-

-303

-10,250

-10,250

-

-18,394

2,954

-19,422

-15,951

-

-12,396

-36

22,936

29,981

29,992

0

0

0

Supplemental disclosure of cash flow information:
Interest paid

4,565

5,698

5,546

6,008

5,759

-

4,263

-

3,301

2,445

2,445

-

1,848

1,016

582

287

-

185

261

265

276

301

0

0

0

Income taxes paid

562

811

3,021

12,341

10,311

-

0

-

0

0

0

-

-

-

-

-

-

6,698

0

0

0

-

-

-

-

Supplemental disclosure of non-cash information:
Property and equipment acquired under build-to-suit leases

-

-

-

-

9,258

-

10,381

-

30,354

25,965

25,965

-

19,537

0

0

0

-

-

-

-

-

-

-

-

-

Unpaid liability to acquire property and equipment

1,414

-2,190

-1,510

-1,228

433

-

885

-

69

2,185

2,185

-

2,028

0

0

0

-

-

-

-

-

-

-

-

-