Habit restaurants, inc. (HABT)
CashFlow / TTM
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Sep'18Jun'18Jun'18Mar'18Mar'18Dec'17Dec'17Sep'17Jun'17Mar'17Dec'16Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14
Cash flows from operating activities:
Net income (loss)

4,677

4,800

2,570

2,720

3,640

-

-3,770

-

-2,482

-3,593

-3,593

-

-1,580

6,683

7,706

8,482

-

9,175

8,605

9,357

9,280

8,851

8,226

8,139

8,024

7,552

0

0

0

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

27,863

27,084

26,350

25,516

24,490

-

23,221

-

21,649

20,094

20,094

-

18,761

17,593

16,605

15,717

-

14,880

13,928

12,976

12,057

11,312

10,644

9,968

9,250

8,472

0

0

0

Amortization of financing fees

81

115

134

133

133

-

0

-

0

0

0

-

-

-

-

42

-

42

42

42

42

42

41

137

128

125

0

0

0

Stock-based compensation

3,332

3,129

3,020

2,747

2,714

-

0

-

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock-based compensation

-

-

-

-

-

-

-

0

-

2,687

-

-

-

-

2,174

2,022

1,870

-

1,714

1,558

1,333

1,200

1,063

913

675

515

0

0

0

Tax Receivable Agreement liability adjustment

-372

-476

-82

-82

-1,555

-

56,446

-

55,758

55,758

55,758

-

57,231

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on disposal of assets

-210

-199

-181

-128

-97

-

-97

-

-69

-81

-81

-

-81

-61

-77

-101

-

-128

-166

-155

-140

-114

-84

-136

-145

-141

0

0

0

Deferred income taxes

-

-

-

-

-1,057

-

62,537

-

61,937

62,107

62,107

-

65,388

2,004

3,779

3,940

-

3,645

3,412

3,065

2,949

2,463

0

0

0

-

-

-

-

Operating lease right-of-use assets

-14,217

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities

-14,963

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred rent

-

-

-

-

533

-

150

-

-222

-505

-505

-

-485

-503

-250

-217

-

-125

-138

-386

-264

-338

-299

-277

-271

-321

0

0

0

Changes in assets and liabilities:
Accounts receivable

-2,200

-2,519

-3,498

-4,439

-3,322

-

-2,567

-

-1,811

-1,538

-1,538

-

-1,484

-1,149

-1,441

-1,457

-

-1,856

-2,317

-2,097

-1,650

-1,983

-1,785

-1,606

-1,450

-1,183

0

0

0

Inventory

168

135

287

293

286

-

245

-

293

277

277

-

214

319

342

264

-

396

175

234

274

214

297

199

257

243

0

0

0

Prepaid expenses

4,102

-171

249

1,296

1,538

-

764

-

151

135

135

-

190

79

77

-153

-

254

-1,435

-1,065

-563

295

1,038

677

947

-198

0

0

0

Deposits and other assets

1,012

508

752

659

267

-

473

-

300

283

283

-

276

317

477

503

-

561

711

907

896

978

354

548

512

381

0

0

0

Accounts payable

649

1,503

2,475

2,234

2,166

-

1,496

-

1,583

1,576

1,576

-

1,517

1,857

2,066

1,528

-

490

260

1,526

640

1,823

1,788

1,122

2,341

1,831

0

0

0

Employee-related accruals

7,129

3,367

3,948

5,256

5,123

-

5,687

-

3,824

3,137

3,137

-

1,104

1,591

1,286

1,819

-

1,277

1,695

1,463

1,520

1,465

1,484

1,181

1,560

556

0

0

0

Accrued expenses

1,395

526

169

357

-854

-

412

-

110

200

200

-

1,272

1,573

1,697

1,053

-

1,425

256

295

1,609

1,448

3,613

2,921

2,219

2,204

0

0

0

Income taxes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-103

0

0

0

-

-

-

-

Sales taxes payable

971

508

453

345

322

-

478

-

498

452

452

-

436

364

269

218

-

270

388

196

426

411

0

0

0

-

-

-

-

Net cash provided by operating activities

45,425

45,637

45,894

45,411

42,096

-

0

-

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash flows from investing activities:
Sales taxes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

32,406

-

-

-

-

-

36,013

34,003

-

33,448

33,024

31,230

29,860

29,950

27,177

25,691

23,194

0

0

0

Purchase of property and equipment

34,360

36,092

36,792

38,191

43,399

-

49,632

-

53,963

54,329

54,329

-

46,037

40,236

37,265

32,600

-

32,649

31,674

31,475

29,945

27,659

28,514

25,094

24,755

24,403

0

0

0

Net cash used in investing activities

-34,360

-36,092

-36,792

-38,191

-43,399

-

0

-

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash flows from financing activities:
Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-54,317

-

-

-

-

-

-32,600

-32,649

-

-31,674

-31,475

-29,945

-27,659

-28,514

-25,094

-24,755

-24,403

0

0

0

Proceeds from exercise of stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

111

0

0

0

Tax distributions to LLC members

862

1,020

853

395

288

-

129

-

364

692

692

-

920

1,258

1,457

1,767

-

1,850

2,829

3,814

4,421

4,354

0

0

0

-

-

-

-

Other distributions to LLC members

104

104

110

114

132

-

132

-

179

179

179

-

190

220

225

227

-

227

249

255

265

269

0

0

0

-

-

-

-

Payments on deemed landlord financing

-

-

-

-

220

-

177

-

130

104

104

-

82

86

91

83

-

73

64

57

49

43

38

35

30

28

0

0

0

Payments of tax withholding related to restricted stock vesting

191

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Borrowings on long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

33,750

0

0

0

Net cash used in financing activities

-1,585

-2,788

-2,681

-2,208

-2,080

-

0

-

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in cash and cash equivalents

9,480

6,757

6,421

5,012

-3,383

-

0

-

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Principal payments on long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

45,210

0

0

0

Net cash used in financing activities

-

-

-

-

-

-

-

-

-

-3,280

-

-

-

-

-

-4,080

-4,153

-

-3,155

-4,139

-4,748

-4,679

48,058

49,553

49,612

50,556

0

0

0

Net change in cash and cash equivalents

-

-

-

-

-

-

-

0

-

-25,191

-

-

-

-

-4,534

-667

-2,799

-

-1,381

-2,590

-3,463

-2,478

0

0

0

-

-

-

0

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION
Cash paid for interest

15

392

609

886

1,120

-

0

-

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for interest

-

-

-

-

-

-

-

-

-

941

-

-

-

-

-

715

661

-

566

541

532

416

799

826

678

1,110

0

0

0

Cash paid for income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

NON-CASH FINANCING
Deemed landlord financing

-

-

-

-

6,325

-

6,246

-

6,683

7,565

7,565

-

7,746

5,955

6,043

5,988

-

3,672

0

0

0

-

-

-

-

-

-

-

-

Right-of-use assets obtained in exchange for operating lease liabilities

33,283

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unpaid purchase of property and equipment

3,295

1,697

1,858

2,345

2,762

-

2,066

-

4,249

4,518

4,518

-

4,063

4,504

2,712

3,977

-

1,917

3,044

4,513

2,104

1,907

-508

610

1,222

1,528

0

0

0