GUESS INC GES Cash Flow

Guess inc (GES)

CashFlow / Quarterly

Feb'20	Nov'19	Aug'19	May'19	Feb'19	Nov'18	Aug'18	May'18	Feb'18	Oct'17	Jul'17	Apr'17	Jan'17	Oct'16	Jul'16	Apr'16	Jan'16	Oct'15	Jul'15	Apr'15	Jan'15	Oct'14	Jul'14	Apr'14	Jan'14	Oct'13	Jul'13	Apr'13	Jan'13	Oct'12	Jul'12	Apr'12	Jan'12	Oct'11	Jul'11	Apr'11	Jan'11	Oct'10	Jul'10	Apr'10
Cash flows from operating activities:
Net earnings (loss)
82,049	13,585	26,176	-20,581	25,235	-12,816	25,734	-20,987	3,107	-1,662	15,881	-21,227	8,656	9,729	32,167	-25,154	49,288	13,061	18,479	3,987	55,589	21,510	22,272	-2,187	71,097	34,811	40,703	11,100	73,865	37,459	42,949	27,213	98,410	66,846	61,810	43,584	105,379	70,091	67,379	51,654
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:
Depreciation and amortization
18,199	18,324	17,985	17,680	17,958	19,204	15,489	15,706	17,974	15,812	15,216	14,586	17,693	16,682	16,890	16,215	16,218	17,007	17,574	17,789	20,196	20,507	20,604	20,759	22,133	20,357	21,417	21,910	22,726	22,102	22,122	20,247	19,574	19,168	19,042	19,260	18,471	15,744	14,970	14,564
Amortization of other long-term and intangible assets
-	-	642	918	-	-	1,057	793	-	372	358	425	432	463	479	465	453	563	539	541	662	1,041	654	637	659	912	383	598	692	662	673	474	559	602	447	634	818	967	767	1,187
Amortization of debt discount
2,449	2,447	2,449	213	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of debt issuance costs
256	387	235	41	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Share-based compensation expense
9,651	5,185	4,986	4,468	7,439	4,545	4,031	3,958	6,442	4,260	4,187	3,963	4,140	3,719	4,817	4,232	5,553	5,275	4,440	3,612	3,968	3,761	4,156	3,457	4,105	3,845	3,751	2,248	3,623	4,019	3,841	4,802	6,747	7,138	6,960	7,255	6,590	7,697	6,957	8,068
Forward contract (gains) losses
482	26	0	34	-1,746	-481	-219	2,584	-1,555	3,531	-4,703	-360	1,702	2,636	3,527	-4,708	240	-282	2,469	-490	2,682	4,220	3,207	-2,160	819	-1,858	-808	2,409	-1,581	-2,145	4,457	-1,465	4,407	8,900	4,471	-13,758	1,776	-4,666	-1,820	1,974
Net loss on disposition and impairment of property and equipment and long-term assets
-4,493	-2,805	-1,503	-2,250	-1,604	-1,538	-3,510	-615	-2,343	-831	-259	-3,458	-32,040	-1,143	21,552	-178	3,001	1,083	-769	940	-6,865	-10,839	-5,076	-910	-7,984	-1,063	-5,942	-1,348	-6,617	-4,093	-305	-81	-2,857	-1,050	-1,091	-1,150	24	-3,812	665	-986
Pension curtailment expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	5,819
Other items, net
632	-762	-5,524	-82	-360	-2,470	-3,657	-6,810	2,554	-456	5,281	453	1,180	-5,757	147	935	-1,735	-1,540	-1,677	1,510	4,831	463	-103	-744	802	-1,696	2,123	1,092	705	-55	-2,028	537	6,475	1,182	-1,551	158	9,609	1,380	3,442	-2,000
Changes in operating assets and liabilities:
Accounts receivable
29,648	7,302	43,990	-68,482	35,454	5,098	47,924	-46,957	14,183	1,719	28,234	-32,480	9,997	19,681	26,084	-44,957	22,064	-3,151	11,095	-24,038	-1,113	12,381	21,470	-63,851	17,679	-16,734	17,890	-56,840	-26,940	-12,698	16,337	-5,629	-18,896	-9,593	20,522	-2,663	-7,835	54,566	22,809	7,169
Inventories
-121,895	33,541	9,250	13,676	-85,188	88,419	38,344	32,700	-65,217	45,918	14,513	32,906	-57,687	53,426	27,384	33,973	-57,151	37,539	14,764	7,027	-75,973	30,224	25,366	18,119	-74,959	24,641	20,713	12,443	-60,500	34,838	49,627	6,204	-48,152	39,979	48,425	-4,442	-48,519	31,846	62,117	-4,751
Prepaid expenses and other assets
-8,577	-7,758	-10,085	11,681	-1,356	7,427	6,947	14,024	-11,388	9,211	-6,822	9,428	-8,208	3,531	-3,894	10,410	-1,835	-3,722	4,651	973	2,123	-1,662	-927	9,411	-27,839	-2,777	-14,044	9,292	-4,645	-2,630	2,643	-5,911	14,663	11,276	6,825	5,152	3,835	8,866	20,354	13,435
Operating lease assets and liabilities, net
1,548	-2,010	-1,251	-89	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable and accrued expenses
10,353	-10,353	57,654	-145,077	-3,326	81,647	83,728	-77,518	47,888	18,253	22,013	-18,855	-13,395	30,168	31,393	-29,112	7,576	7,502	41,247	-22,815	17,307	-41,868	29,817	-60,103	9,947	-16,710	17,351	-33,241	-41,237	-199	9,619	-32,387	7,483	13,303	24,386	-40,885	17,622	20,144	66,756	-22,752
Deferred rent and lease incentives
-	-	-	-	-	-	-	-	-	-303	1,633	24	287	1,647	1,022	161	-237	-692	150	-2,605	-3,856	-1,385	-402	-40	-812	-450	-1,024	-1,330	43	2,861	531	2,991	3,583	4,557	3,006	398	2,108	5,522	4,840	3,295
Other long-term liabilities
5,961	-5,529	-1,706	325	21,066	-19,538	1,714	5,398	22,102	-2,177	-2,762	-2,374	-1,304	-2,861	1,337	-2,043	-49	-4,798	-4,295	-5,452	-1,495	-4,026	-2,568	-2,891	9,846	-7,130	7,781	-2,500	6,309	-2,338	-1,004	6,968	34,715	651	1,250	886	8,120	-1,553	-2,010	4,790
Net cash provided by operating activities
225,918	-5,048	73,544	-96,501	128,594	-25,263	45,924	-67,576	182,572	-24,537	20,282	-29,947	101,973	-12,827	13,305	-30,711	114,941	7,991	47,601	9,135	158,710	-35,247	30,596	-233	190,653	35,122	70,430	31,737	172,902	51,349	8,000	36,653	214,546	61,571	40,542	47,835	212,066	30,432	56,092	47,784
Cash flows from investing activities:
Purchases of property and equipment
12,848	14,469	16,686	17,865	33,227	28,884	27,002	19,004	19,310	25,754	20,745	18,846	23,732	22,626	26,382	17,841	43,551	15,330	13,359	11,604	18,290	20,892	15,062	17,254	20,006	14,987	23,173	17,272	22,234	27,391	24,525	25,441	29,331	34,874	28,432	30,894	38,169	36,082	29,409	19,405
Proceeds from sale of investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	5,000	0	598	5,000	0	1,826	0	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of lease interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1,339	0	0	0	2,249
Acquisition of businesses, net of cash acquired
0	0	0	0	0	83	6,217	104	1,921	2,754	0	175	433	1,263	317	55	67	417	247	599	0	578	309	0	995	0	0	653	0	0	15,980	0	-	-	-	-	-	-	-	-
Net cash settlement of forward contracts
0	0	0	-162	-1,288	529	-1,626	941	1,796	1,633	-789	-490	-564	655	-47	-310	-1,457	-743	-5,146	-1,668	-3,477	-1,023	435	407	415	-370	-807	-661	-244	-597	-2,027	-2,348	-2,458	2,643	2,643	1,600	1,671	-1,955	-4,295	-609
Purchases of investments
0	0	0	0	8,358	512	753	828	0	0	497	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,932	4,799	1,992	10,248	24,362	8	4,265	2,414
Net cash used in investing activities
-8,521	-14,082	-16,686	-17,182	-40,297	-30,008	-32,346	-20,877	-21,721	-29,089	-20,303	-19,234	-23,601	-24,544	9,247	-10,086	-43,017	-13,302	-6,692	-10,535	-9,776	-15,505	-15,444	-17,106	-17,293	-15,783	-19,869	-10,131	-23,480	-27,265	-38,133	-31,384	-28,321	-41,627	-18,067	-44,081	-60,580	-33,285	-28,779	-23,459
Proceeds from sale of long-term assets
-	-	-	-	-	-	-	-	-	-	-	-	0	0	35,899	7,500	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other investing activities
-173	-68	0	-521	0	0	0	0	-1,306	0	-150	703	0	0	0	0	-	-	-	-	-5,037	58	-362	43	877	1,166	-671	-7,133	-4,775	4,471	-345	8,291	-	-	-	-	-	-	-	-
Cash flows from financing activities:
Proceeds from short-term borrowings
16,488	30,658	11,244	78,892	22,728	0	0	0	-	-	-	-	0	0	0	21,500	0	367	0	581	451	470	786	0	637	1,172	1,142	152	0	0	0	0	-	-	-	-	-	-	-	-
Repayments of short-term borrowings
45,418	25,483	28,125	33,599	23,024	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of convertible senior notes
0	0	0	300,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of warrants
0	0	-20	28,100	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of convertible note hedges
0	0	0	60,990	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Certain short-term borrowings, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	25	69	442
Convertible debt issuance costs
175	33	822	4,246	0	0	0	0	-	-	-	-	0	0	0	111	0	127	945	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of equity forward contracts
-	-	0	68,000	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of finance lease obligations and borrowings
755	1,034	975	586	514	288	643	538	861	212	310	143	139	140	3,996	472	358	404	163	593	539	302	59	3,661	434	38	522	480	871	455	479	491	365	437	525	444	-23	394	376	390
Dividends paid
7,849	7,385	8,259	18,642	18,736	18,233	18,379	18,246	19,530	18,737	18,844	18,946	19,134	18,986	19,127	19,256	19,126	19,214	19,259	19,261	19,353	19,197	19,257	19,198	17,109	17,009	16,971	17,129	119,655	17,048	18,008	18,087	18,642	18,619	18,528	18,582	202,553	14,735	14,885	14,925
Noncontrolling interest capital contribution
-	-	-	-	-	-	-	-	0	0	0	962	0	0	281	1,876	871	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Noncontrolling interest capital distribution
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	245	0	3,830	355	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issuance of common stock, net of tax withholdings on vesting of stock awards
2,738	803	665	-622	1,007	103	514	4,120	-608	67	-143	-6	-1,005	65	84	262	-1,237	69	-1,197	145	-616	84	-27	646	-99	701	1,555	1,704	2,270	337	682	1,078	395	788	4,327	-1,296	6,419	1,366	1,499	2,606
Excess tax benefits from share-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	56	45	34	259	33	53	95	359	118	219	2	1,065	192	27	18	216	92	771	913	2,542	430	116	5,612
Purchase of treasury stock
7,503	68,000	11,000	201,564	0	0	0	23,620	25,315	6,985	0	17,827	3,532	0	0	0	-	-	-	-	-	-	-	-	0	0	0	22,099	0	0	140,262	0	-	-	-	-	-	-	-	-
Net cash used in financing activities
-42,474	-3,142	-37,272	18,723	-18,539	-21,487	-18,508	-38,284	-46,421	-27,225	-19,131	-35,960	-23,810	-21,820	-27,203	3,799	-19,985	-63,551	-21,519	-22,924	-20,153	-18,912	-18,504	-22,118	-17,845	-15,056	-14,056	-37,850	-118,133	-17,357	-165,311	-17,482	-110,478	-18,292	-14,809	-19,409	-194,105	-13,308	-62,938	-6,655
Effect of exchange rates on cash, cash equivalents and restricted cash
-712	1,310	-1,463	-2,579	1,783	-3,222	-8,360	-8,221	19,938	-3,636	19,029	5,415	-6,837	-6,918	-7,348	19,032	-8,663	302	-7,572	-31	-20,173	-16,980	-7,592	8,975	-2,702	2,124	783	-6,340	10,444	8,624	-12,972	761	-10,667	-5,160	-4,207	15,392	636	6,556	-3,455	-2,028
Net change in cash, cash equivalents and restricted cash
174,211	-20,962	18,123	-97,539	71,541	-79,980	-13,290	-134,958	134,368	-84,487	-123	-79,726	47,725	-66,109	-11,999	-17,966	43,276	-68,560	11,818	-24,355	108,608	-86,644	-10,944	-30,482	152,813	6,407	37,288	-22,584	41,733	15,351	-208,416	-11,452	65,080	-3,508	3,459	-263	-41,983	-9,605	-39,080	15,642
Supplemental cash flow data:
Interest paid
383	3,330	969	566	1,770	278	472	211	1,229	313	266	270	302	316	297	310	97	263	276	232	351	335	641	229	584	339	300	237	251	122	287	181	625	544	160	267	143	218	280	76
Income taxes paid, net of refunds
3,444	7,467	4,433	-232	12,733	6,603	13,033	8,403	8,783	4,902	9,493	3,729	9,250	6,487	3,797	5,335	13,496	3,102	13,332	1,258	16,122	15,792	28,774	17,434	41,025	20,985	39,941	11,045	26,351	20,591	39,322	6,137	39,793	28,048	53,042	9,063	29,392	9,656	31,134	10,099
Non-cash investing and financing activity:
Lease Obligation Incurred
0	15	2,390	665	0	8	1,164	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-