Express, inc. (EXPR)
CashFlow / Quarterly
Feb'20Nov'19Aug'19May'19Feb'19Nov'18Oct'18Aug'18Jul'18May'18Apr'18Jan'18Oct'17Jul'17Apr'17Jan'17Jan'17Oct'16Jul'16Apr'16Jan'16Oct'15Jul'15Apr'15Jan'15Oct'14Jul'14Apr'14Jan'14Oct'13Jul'13Apr'13Jan'13Oct'12Jul'12Apr'12Jan'12Oct'11Jul'11Apr'11
CASH FLOWS FROM OPERATING ACTIVITIES:
Net (loss)/income

-141,616

-3,105

-9,703

-9,934

-1,088

7,967

7,967

2,234

2,234

517

517

27,894

6,031

-11,891

-2,668

-

23,697

11,617

10,144

12,882

56,116

26,307

21,028

13,062

41,790

14,585

6,867

5,083

47,926

19,267

16,909

32,437

63,943

17,422

15,829

42,073

60,394

32,670

12,620

35,013

Adjustments to reconcile net (loss)/income to net cash provided by operating activities:
Depreciation and amortization

21,262

20,878

21,027

22,216

21,754

-

21,665

-

21,272

21,162

21,162

22,369

22,594

22,365

22,893

-

23,184

22,595

19,582

16,783

18,801

19,018

18,276

18,809

18,472

18,917

19,554

19,494

17,810

17,246

17,313

17,441

16,994

16,796

16,888

17,049

16,904

16,641

17,172

17,385

Loss on disposal of property and equipment

182

-238

-510

-350

-65

-

-2

-

-70

-231

-231

-1,568

-67

-853

-403

-

-35

-32

-585

-290

-248

1

-1,010

-304

-789

-620

-56

-65

-34

-350

-222

-64

-57

-32

-18

-17

-75

-33

-23

-33

Impairment charge

-

-

-

-

-

-

0

-

0

-

0

4,371

0

-33

5,512

-

4,279

0

829

0

-

-

-

-

5,440

2,287

2,015

785

-

-

0

0

-

-

-

-

-

-

-

-

Amortization of lease financing obligation discount

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

11,354

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefit from share-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13

72

146

116

2

15

32

0

9

137

63

1

13

132

4

273

0

0

0

0

Share-based compensation

973

2,408

2,424

2,372

2,298

-

3,550

-

3,452

3,814

3,814

2,898

3,650

3,442

4,018

-

2,075

3,203

3,212

4,368

3,324

4,045

7,218

3,851

5,020

4,039

3,931

6,336

5,158

5,179

5,826

5,011

4,101

3,351

5,000

3,856

2,606

2,730

2,607

2,146

Non-cash loss on extinguishment of debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

59

5,255

0

0

0

0

-

-

-

-

-

-

-

-

2,426

0

1,468

1,276

Deferred taxes

-49,773

48

178

-14

578

-

-17

-

-13

-12

-12

-3,076

-100

-22

2,286

-

21,007

-102

-48

-235

-3,895

-6,827

0

22

5,623

668

0

0

-

-

-

-

224

3,901

0

-188

2,444

-2,764

0

0

Landlord allowance amortization

423

601

368

813

2,904

-

2,732

-

2,997

2,973

2,973

3,404

3,242

3,411

3,126

-

2,935

3,134

3,073

2,138

3,522

3,228

3,238

2,742

2,732

2,795

2,795

3,047

-

-

-2,301

-2,212

-

-

-

-

-

-

-

-

Payment of original issue discount

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

2,812

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Receivables, net

-1,376

-328

-1,388

-3,453

1,872

-

4,218

-

31

-837

-837

-3,939

1,075

-857

442

-

-488

752

-1,002

-5,633

-3,643

3,747

3,865

-5,066

2,623

380

-202

2,923

88

4,012

2,695

-287

14

-2,825

4,539

263

1,159

-851

3,197

-4,389

Inventories

-125,628

77,126

-16,836

17,875

-95,001

-

92,322

-

-7,068

16,785

16,785

-75,562

80,967

-20,223

43,772

-

-104,765

85,457

-24,589

25,600

-109,181

92,757

6,353

24,696

-108,757

110,448

4,845

22,453

-130,467

101,231

15,807

11,296

-75,273

77,066

12,672

-12,468

-65,463

71,104

34,636

-12,415

Accounts payable, deferred revenue, and accrued expenses

-104,230

94,546

-11,836

-10,819

-73,284

-

82,566

-

-849

-29,530

-29,530

-71,863

67,561

-25,984

17,424

-

-45,887

66,099

5,184

-42,534

-24,809

29,194

26,442

-13,122

-34,317

54,803

11,999

-33,371

-55,839

46,502

24,243

-44,776

-1,959

45,505

6,351

-32,333

-10,125

32,481

6,897

-29,210

Accounts payable and accrued expenses  related parties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-11,145

Other assets and liabilities

-5,095

6,509

4,064

5,881

-5,636

-

6,019

-

-2,946

2,040

2,040

-10,635

-22,954

7,321

1,577

-

3,864

386

196

-3,536

-12,239

-20,218

2,316

-2,487

-12,346

-10,921

960

1,156

-22,406

-13,123

12,475

-8,406

-29,776

-2,226

-1,789

-3,216

-15,251

-11,553

3,513

1,636

Net cash provided by operating activities

57,876

31,106

18,673

-16,945

55,402

-

10,442

-

32,652

-24,779

-24,779

70,893

37,473

9,250

951

-

126,844

13,715

61,810

-15,661

173,970

-7,850

58,115

5,368

158,563

-6,798

35,992

-31,187

157,435

1,107

31,172

5,361

180,222

14,860

28,660

45,622

148,266

23,091

10,586

30,666

CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures

16,536

8,358

8,067

4,078

17,376

-

15,013

-

9,469

7,920

7,920

15,228

12,053

15,531

14,623

-

17,812

30,545

32,108

18,247

30,330

34,109

27,756

23,148

28,517

27,105

32,529

26,937

26,596

33,234

28,685

16,853

26,320

27,693

28,729

16,932

21,261

22,362

21,289

12,264

Purchase of intangible assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

25

0

185

0

0

0

60

Net cash used in investing activities

-16,536

-8,358

-8,067

-4,078

-17,376

-

-15,013

-

-9,469

-7,920

-7,920

-15,228

-12,053

-24,763

-14,623

-

-17,812

-30,545

-42,262

-18,247

-30,330

-34,109

-27,791

-23,148

-28,517

-28,105

-32,539

-26,937

-26,621

-33,234

-28,754

-16,853

-26,320

-27,718

-28,729

-17,117

-21,261

-22,362

-21,289

-12,324

CASH FLOWS FROM FINANCING ACTIVITIES:
Repayment of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

198,038

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of long-term debt arrangements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

119,688

312

24,463

25,312

Payments on lease financing obligations

-

-

27

27

475

-

469

-

462

454

454

448

427

421

414

-

409

401

396

389

384

395

390

383

373

353

350

402

268

16

14

15

14

14

14

13

14

0

0

0

Repayments of financing arrangements

0

0

0

0

0

-

447

-

0

303

303

0

0

1,737

303

-

3,274

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefit from share-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13

72

146

116

2

15

32

0

9

137

63

1

13

132

4

273

0

0

0

0

Proceeds from exercise of stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

32

0

2,703

11

904

361

0

-

-

-

-

275

1,598

1,746

1,082

0

0

0

623

75

43

191

0

Repurchase of common stock under share repurchase programs (see Note 8)

2,007

8,714

0

4,889

27,011

-

24,161

-

16,362

15,638

15,638

17,264

0

0

0

-

0

0

10,011

41,527

46,554

22,020

0

0

-

-

-

-

-2,817

22,149

13,971

1,785

7

15,037

50,148

1,349

0

1

102

0

Repurchase of common stock for tax withholding obligations

50

51

4

1,498

59

-

8

-

35

2,607

2,607

25

12

28

1,534

-

101

95

63

4,340

50

710

778

2,912

28

138

69

3,274

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in financing activities

-2,116

-8,792

-880

-6,414

-27,545

-

-25,085

-

-16,859

-19,002

-19,002

-17,737

-439

-2,186

-2,251

-

-3,784

-464

-10,470

-43,553

-46,964

-22,303

-1,513

-201,217

-399

-476

-387

-3,676

-8

-20,430

-12,176

-717

-8

-14,919

-50,158

-466

-119,627

-301

-25,535

-25,312

NET INCREASE/(DECREASE) IN CASH AND CASH EQUIVALENTS

39,224

13,956

9,726

-27,437

10,481

-29,656

-

6,324

-

-51,701

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

EFFECT OF EXCHANGE RATE ON CASH

-

-

-

-

-

-

0

-

0

-

0

0

-1

21

-458

-

270

-415

-547

1,591

-988

-168

-864

536

-1,302

-134

53

124

-475

-140

-206

126

-35

41

-38

38

2

2

-2

0

NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS

-

-

-

-

-

-

-29,656

-

6,324

-

-51,701

37,928

24,980

-17,678

-16,381

-

105,518

-17,709

8,531

-75,870

95,688

-64,430

27,947

-218,461

128,345

-35,513

3,119

-61,676

130,331

-52,697

-9,964

-12,083

153,859

-27,736

-50,265

28,077

7,380

430

-36,240

-6,970