Marinemax, inc. (HZO)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income

39,896

40,134

35,985

40,840

39,129

40,010

39,312

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income

-

-

-

-

-

-

-

-

-

-

-

-

0

24,537

-

49,834

50,865

48,766

48,292

20,571

17,224

14,855

11,272

11,361

13,494

15,817

15,024

8,220

-803

1,150

1,099

-2,992

-4,250

-11,034

-11,523

0

0

0

Adjustments to reconcile net income to net cash used in operating activities:
Depreciation and amortization

12,174

11,832

11,600

11,313

11,163

11,014

10,700

10,376

10,092

9,706

9,400

8,938

8,509

8,225

7,964

7,902

7,881

7,854

7,858

7,729

7,611

7,417

7,281

7,058

6,897

6,864

6,777

6,865

6,714

6,566

6,479

6,397

6,462

6,466

6,615

0

0

0

Deferred income tax provision

4,349

4,762

4,384

4,242

4,620

4,746

5,361

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income tax provision

-

-

-

-

-

-

-

-

-

-

-

0

0

12,141

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss (gain) on sale of property and equipment

-90

-896

-956

35

-309

-435

-330

-446

-379

-253

-306

-258

-242

-61

-51

0

0

0

-

-

-

744

821

-298

-314

-92

-136

-200

-292

-304

-225

0

0

0

-

-

-

-

Gain on insurance settlements

-

-

-

-

-

-

1,082

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

235

-153

-189

-201

-154

0

0

0

-

-

-

-

-

-

-

-

Proceeds from insurance settlements

-

-

475

475

968

1,911

2,342

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock-based compensation expense

6,622

6,589

6,524

6,339

6,216

6,178

6,237

6,498

6,125

5,686

6,237

5,689

5,398

5,041

4,241

3,884

3,555

3,264

3,018

2,731

2,549

2,446

2,586

2,625

2,615

2,837

2,735

3,010

3,392

3,426

3,465

3,304

3,197

3,265

3,248

0

0

0

(Increase) decrease in —
Accounts receivable, net

-13,084

6,543

5,071

6,946

10,898

-1,573

11,279

2,798

358

6,398

-266

14,028

4,325

6,381

5,436

3,633

8,553

-1,697

5,927

-1,178

-1,006

4,871

-6,005

-4,720

2,256

-838

-319

9,923

821

-2,181

4,657

-994

2,505

-172

-7,043

0

0

0

Inventories, net

35,711

31,859

84,330

39,204

31,136

2,754

-26,773

-8,362

16,744

54,882

57,107

56,430

21,305

21,567

32,417

33,348

68,449

48,250

29,724

23,340

16,634

40,067

16,110

-791

27,624

7,172

8,853

28,083

18,691

-1,703

-8,313

-1,848

16,052

33,232

28,660

0

0

0

Prepaid expenses and other assets

114

-144

3,182

6,356

4,707

5,137

996

714

963

1,803

1,710

-47

-378

856

1,517

2,948

2,415

483

-738

-648

-253

557

307

943

1,456

892

820

-419

933

962

479

691

-188

-369

-161

0

0

0

Increase (decrease) in —
Accounts payable

1,782

4,436

8,701

10,270

-6,288

1,447

-3,325

-4,888

-7,040

885

16,835

6,292

-2,290

435

-4,278

7,433

14,924

4,062

5,687

-1,826

2,157

699

612

3,498

122

-3,261

-2,645

-667

-674

612

-185

-1,818

-3,058

1,485

1,640

0

0

0

Customer deposits

-7,031

-1,368

6,804

902

13,358

1,410

-4,065

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Customer deposits

-

-

-

-

-

-

-

-

-

-

-

4,054

5,528

9,028

16,625

3,750

2,194

361

1,752

2,913

2,122

1,087

1,637

-7,641

-3,209

-2,313

832

9,664

7,752

5,384

-590

7

921

2,093

3,673

0

0

0

Accrued expenses and long-term liabilities

0

0

-

-

0

0

-

-

616

3,478

4,042

3,050

5,127

4,543

3,409

3,404

2,183

533

931

-802

930

467

-1,111

-1,855

-5,438

-6,784

-5,848

-4,683

-3,897

-4,998

-4,996

-3,264

-1,753

-1,016

3,102

0

0

0

Net cash used in operating activities

31,167

33,365

-12,426

22,477

27,583

61,509

70,414

62,802

27,713

-8,196

4,745

-6,842

33,987

35,207

22,863

18,918

-25,499

-11,043

3,069

7,121

16,432

-19,289

10,809

20,065

-16,352

6,227

7,811

-15,170

-8,077

15,105

8,674

3,910

-16,888

-31,476

-14,680

0

0

0

CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property and equipment

15,265

18,434

17,061

16,330

14,532

14,105

13,804

12,852

12,877

12,738

14,367

16,816

16,947

15,499

12,913

11,311

10,235

9,472

9,746

9,220

9,443

9,610

9,194

8,836

7,175

8,675

9,822

9,356

9,675

7,206

5,732

6,154

6,891

7,012

6,585

0

0

0

Proceeds from insurance settlements

-

-

-

-

-

-

823

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,743

0

0

0

-

-

-

-

-

-

-

-

Proceeds from sale of property and equipment and assets held for sale

-

-

979

987

164

132

190

216

300

321

994

1,036

1,016

987

228

2,521

5,994

6,008

5,995

5,122

1,568

1,564

1,612

176

163

143

113

2,153

2,267

2,256

2,483

0

0

0

-

-

-

-

Net cash used in investing activities

-53,912

-57,750

-56,334

-36,276

-22,350

-23,820

-23,315

-14,384

-14,016

-30,996

-32,098

-34,505

-42,430

-31,574

-29,747

-25,852

-13,529

-3,464

-3,751

-10,076

-13,853

-13,310

-12,846

-8,072

-6,106

-12,677

-12,604

-14,365

-14,888

-8,093

-7,642

-5,780

-6,639

-8,872

-8,692

0

0

0

CASH FLOWS FROM FINANCING ACTIVITIES:
Net borrowings on short-term borrowings

51,832

49,834

85,580

43,542

-1,627

-39,179

-43,383

-11,033

31,082

77,421

70,819

47,862

17,046

12,398

15,768

25,988

53,183

30,288

12,762

6,346

5,183

31,315

1,954

-11,291

18,972

2,547

1,823

30,540

21,040

-6,869

1,819

6,581

30,061

35,626

24,984

0

0

0

Net proceeds from issuance of common stock under incentive compensation and employee purchase plans

1,600

1,200

2,400

2,400

5,600

7,100

7,700

7,771

5,066

4,815

3,200

4,464

4,125

3,008

2,701

1,311

1,305

3,558

3,715

4,165

4,135

3,144

4,166

3,814

4,192

4,414

3,109

3,062

2,975

1,446

1,380

1,484

1,082

1,198

1,245

0

0

0

Contingent acquisition consideration payments

-

-

-

-

-

-

3,324

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments on tax withholdings for equity awards

1,674

1,674

1,525

1,917

1,917

1,917

510

400

400

400

369

87

87

87

80

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of treasury stock

-

-

27,708

20,309

229

229

695

38,514

41,091

41,091

42,738

7,372

4,795

7,032

5,531

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by financing activities

23,675

21,762

58,630

23,309

1,262

-34,674

-40,229

-45,240

-8,264

37,679

30,720

44,717

16,139

8,287

12,858

15,046

40,307

21,902

5,454

8,583

9,318

34,459

6,120

-7,477

23,164

6,961

4,932

33,602

24,015

-5,423

3,199

8,064

31,133

36,814

26,219

0

0

0

Effect of exchange rate changes on cash

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET INCREASE IN CASH AND CASH EQUIVALENTS

808

-2,596

-10,311

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET DECREASE IN CASH AND CASH EQUIVALENTS

-

-

-

-

-

-

-

-

-

-1,513

-

3,370

7,696

11,920

5,974

8,112

1,279

7,395

4,772

5,628

11,897

1,860

4,083

4,516

706

511

139

4,067

1,050

1,589

4,231

6,194

7,606

-3,534

2,847

0

0

0

Supplemental Disclosures of Cash Flow Information:
Cash paid for:
Interest

15,560

15,051

13,669

12,428

11,999

11,891

12,021

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest

-

-

-

-

-

-

-

-

-

-

-

-

0

6,488

-

5,593

5,038

4,617

4,516

4,459

4,300

4,102

3,932

4,009

4,054

4,202

4,380

4,403

4,242

4,230

4,322

4,201

4,011

3,590

3,261

0

0

0

Income taxes

0

0

-

-

-

-

-

-

-

-

457

1,099

775

775

855

233

232

232

88

0

0

0

-

-

-

-

-

-

10

10

10

31

31

31

31

0

0

0

Non-cash items:
Exchange of note receivable for property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,020

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Adjustment to retained earnings and deferred tax assets to adopt ASU 2016-09

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,197

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued acquisition of property and equipment

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounting Standards Update 2016-02 [Member]
Initial operating lease right-of-use assets for adoption of ASU 2016-02

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Initial current and noncurrent operating lease liabilities for adoption of ASU 2016-02

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-