Floor & decor holdings, inc. (FND)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16
Operating activities
Net income

37,063

35,341

40,974

43,596

30,720

17,902

26,568

39,846

31,871

47,976

23,255

20,429

11,128

16,707

14,219

5,012

7,101

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

22,088

20,704

18,387

17,726

17,184

14,949

13,411

12,098

11,534

10,425

9,579

9,125

8,933

8,251

6,657

7,571

6,125

Gain on asset impairments and disposals

29

0

-4,089

-22

0

-

-

-

-

-

-

-

-

0

-188

-216

-47

Amortization of tenant improvement allowances

-

-

-

-

-

1,217

1,112

1,120

1,045

945

819

792

755

690

683

583

605

Deferred income taxes

-4,739

-3,940

-5,166

-421

-1,057

-3,573

-217

711

2,111

-10,132

1,989

2,133

5,453

-10,066

2,984

1,414

132

Interest cap derivative contracts

83

-

-

-

610

-

-

-

-

-

-

-

-

-

-

-

-

Interest cap derivative contracts

-

-

-

-

-

-

84

259

535

-

0

0

0

-

-

-

-

Stock based compensation expense

2,900

2,051

2,242

2,168

2,250

1,903

1,659

1,537

1,415

1,406

1,418

1,250

885

1,023

746

705

755

Changes in operating assets and liabilities:
Receivables, net

-18,740

24,016

9,643

6,759

-22,568

11,859

14,324

3,078

-15,775

5,426

10,115

5,117

-1,150

-23

10,281

5,670

-5,135

Inventories, net

7,076

97,908

37,561

8,892

-33,510

67,242

-28,674

5,727

9,262

32,330

28,147

50,933

22,838

-7,908

2,709

13,959

12,373

Other assets

-

-

-

-

-

-

-

-

-

-

-53

-1,112

2,755

3,030

484

1,207

96

Trade accounts payable

-48,644

50,109

45,655

43,197

-84,005

75,718

-27,202

9,980

-3,723

9,484

5,662

37,645

47,473

-7,343

-1,842

18,387

1,943

Accrued expenses and other current liabilities

-2,478

-5,465

17,151

6,041

3,017

621

19,560

-8,986

-12,926

12,582

7,804

-3,828

-7,073

-355

11,002

14,360

2,237

Income taxes

12,542

8,765

-6,412

-11,602

13,143

5,909

5,632

-6,100

780

-8,492

-1,899

-8,567

699

6,018

4,964

-7,081

4,370

Deferred revenue

506

-2,140

1,856

386

1,337

196

365

941

1,500

-3,078

4,082

593

6,470

-2,579

1,183

250

3,457

Deferred rent

-

-

-

-

-

7,115

2,385

2,248

2,707

1,465

1,784

3,209

2,785

1,021

697

1,715

437

Tenant improvement allowances

-

-

-

-

-

3,036

8,940

2,906

128

3,106

1,754

-1,371

4,495

-37

998

2,766

517

Other, net

-6,296

9,514

16,792

9,034

-12,256

-2,222

-4,479

-1,122

-282

-1,415

24

35

24

13

12

24

26

Net cash provided by operating activities

24,668

-4,936

87,437

95,136

27,021

41,925

59,776

43,311

40,612

26,344

16,424

10,365

56,074

-

-

24,073

19,208

Purchases of fixed assets

38,384

54,993

62,843

46,538

31,634

42,002

45,957

35,597

27,841

32,614

24,141

25,697

19,801

22,408

21,320

17,005

13,915

Net cash used in investing activities

-38,384

-54,993

-62,843

-46,538

-31,634

-42,002

-45,957

-35,597

-27,841

-32,614

-24,141

-25,697

-19,801

-

-

-17,005

-13,915

Borrowings on revolving line of credit

275,000

0

4,800

15,100

80,200

13,000

74,750

77,400

51,900

61,400

63,600

86,400

25,300

37,100

45,100

43,500

46,150

Payments on revolving line of credit

0

0

4,800

17,200

78,100

13,000

88,350

90,600

66,100

58,500

57,300

69,100

60,800

50,100

51,600

62,000

51,050

Payments on term loans

875

875

875

875

875

875

875

0

1,750

875

875

194,875

875

97,434

167

366

367

Proceeds from exercise of stock options

3,783

3,735

7,911

5,376

1,776

1,232

643

5,461

3,195

4,547

2,472

1,759

96

-54

304

0

34

Proceeds from employee stock purchase plan

1,131

0

1,026

0

1,419

-

0

0

0

-

-

-

-

-

-

-

-

Debt issuance costs

2,429

-

-

-

0

-

-

-

-

-

-

-

-

10,347

2

180

17

Net cash provided by (used in) financing activities

276,610

2,860

8,062

2,401

4,420

187

-13,832

-7,739

-12,755

6,259

7,898

15,273

-36,279

-

-

-7,046

-5,250

Net increase in cash and cash equivalents

262,894

-57,069

32,656

50,999

-193

110

-13

-25

16

-11

181

-59

-6

102

-34

22

43

Supplemental disclosures of cash flow information
Buildings and equipment acquired under operating leases

63,578

99,439

45,740

79,164

53,049

-

0

0

0

-

-

-

-

-

-

-

-

Cash paid for interest

1,298

1,662

1,814

1,925

1,987

1,831

1,888

1,476

2,368

2,006

2,060

3,737

7,945

-

-

2,442

1,752

Cash paid for income taxes, net of refunds

-

-

-

-

-

360

85

618

19

450

2,808

11,134

0

-

-

8,672

20

Fixed assets accrued at the end of the period

19,620

-3,867

-2,026

14,584

10,836

620

-4,096

2,264

16,332

-1,829

1,878

1,100

7,372

-1,921

-1,151

1,495

6,964

Fixed assets acquired as part of lease - paid for by lessor

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-