Lululemon athletica inc. (LULU)
CashFlow / TTM
Feb'20Nov'19Aug'19May'19Feb'19Oct'18Jul'18Apr'18Jan'18Oct'17Jul'17Apr'17Jan'17Oct'16Jul'16Apr'16Jan'16Oct'15Jul'15Apr'15Feb'15Oct'14Jul'14Apr'14Feb'14Oct'13Jul'13Apr'13Feb'13Oct'12Jul'12Apr'12Jan'12Oct'11Jul'11Apr'11Jan'11Oct'10Jul'10Apr'10
Cash flows from operating activities
Net income

645,596

566,040

534,471

505,251

483,801

385,097

349,628

302,569

258,662

275,036

284,377

289,291

303,381

284,662

269,530

263,573

266,047

259,484

266,782

267,862

239,033

0

0

0

-

-

0

0

-

-

-

-

-

165,311

152,218

135,631

121,847

0

0

0

Net income attributable to non-controlling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

Net income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

271,431

0

0

0

-

-

-

-

122,197

0

0

0

Net income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

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

161,933

149,813

137,477

128,534

122,484

115,221

112,095

111,845

108,235

104,185

99,583

91,675

87,697

84,526

80,275

76,472

73,383

69,153

65,058

62,000

58,364

54,054

51,358

49,799

49,068

48,761

47,328

44,931

43,000

40,333

36,177

34,016

30,259

27,086

26,185

25,267

24,614

0

0

0

Stock-based compensation expense

45,593

46,022

37,525

33,532

28,568

23,178

21,948

20,073

17,610

16,931

17,406

16,378

16,822

16,656

12,461

11,462

10,356

9,526

10,921

8,360

8,269

3,016

5,168

7,778

10,087

16,262

15,885

16,032

15,637

14,423

13,314

11,502

10,340

9,653

8,776

8,276

7,273

0

0

0

Provision for inventories

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

Asset impairment for ivivva restructuring

-

-

-

-

-

-

-

-

11,593

11,593

11,593

11,593

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Settlement of derivatives not designated in a hedging relationship

1,925

13,581

18,499

19,648

14,876

2,621

-4,420

-6,016

-6,227

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

11,416

0

0

0

-

-

-

-

-

-

-

-

-2,087

0

0

0

-

-

0

0

-

-

-

-

-693

-17,392

-11,728

5,791

11,234

0

0

0

Tax benefits from stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,026

1,016

622

413

57

531

6,177

6,457

9,182

10,752

5,944

9,901

7,309

6,480

7,792

5,750

9,518

8,454

6,825

7,863

0

0

0

Changes in operating assets and liabilities:
Inventories

117,591

133,176

106,235

78,028

85,942

103,593

84,202

61,821

21,178

27,218

32,391

27,834

5,403

5,629

-7,671

45,185

83,286

133,528

110,234

61,810

26,806

11,050

2,948

23,071

38,507

62,012

55,532

54,641

51,222

36,339

37,739

43,330

46,072

0

0

0

-

0

0

0

Prepaid and receivable income taxes

35,775

50,122

50,369

35,274

437

-1,032

-3,958

-29,304

-32,242

-45,682

-32,586

-16,844

-11,537

-874

44,516

54,640

52,110

80,744

23,029

18,952

15,234

2,863

-7,363

-13,604

-3,067

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Accounts receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Other prepaid expenses and other current and non-current assets

81,606

75,358

70,686

47,950

30,653

19,398

-7,115

597

7,755

8,976

26,469

21,493

15,688

11,190

7,977

626

3,816

6,487

3,229

9,801

6,444

5,348

15,005

10,923

13,939

18,172

1,865

5,550

10,492

2,302

590

-4,207

-5,374

0

0

0

-

0

0

0

Other non-current assets

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable

-14,810

-36,570

868

74,218

71,962

139,207

92,118

6,571

-1,551

4,497

9,808

2,814

14,080

3,137

544

807

1,247

-2,666

1,702

-485

-2,198

4,919

-5,749

3,113

11,627

-1,795

5,787

-547

-13,481

523

2,345

740

7,861

0

0

0

-

0

0

0

Accrued inventory liabilities

-9,598

-1,236

-3,372

-10,099

4,312

-11,314

-5,276

-1,171

3,680

-9,568

-897

525

-18,900

-7,947

-16,900

-17,860

5,198

-531

16,892

22,746

8,276

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued compensation and related expenses

25,326

13,368

39,040

23,259

41,600

24,303

16,917

13,754

12,873

7,687

6,940

6,244

9,943

9,324

5,576

6,451

14,937

12,194

7,942

4,893

11,561

9,007

7,750

6,282

-6,282

3,884

1,077

4,553

4,695

3,596

2,064

3,790

5,976

0

0

0

-

-

-

-

Sales tax collected

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-4,232

526

123

559

8,232

0

0

0

-

-

-

-

Accrued liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

Current income taxes payable

-40,264

-11,920

2,790

-8,220

52,597

19,767

-2,988

-9,937

-16,470

-18,877

-28,382

-7,064

-10,020

-25,259

30,985

33,702

19,470

44,123

1,048

112

19,304

7,544

4,512

2,476

-35,075

-7,463

-5,561

-6,918

30,951

12,557

10,694

14,001

-3,951

0

0

0

-

0

0

0

Unredeemed gift card liability

33,289

18,529

22,515

23,543

24,885

17,727

15,431

15,350

17,282

11,861

13,497

14,685

16,010

13,474

13,878

15,042

16,574

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-current income taxes payable

6,127

-5,886

4,148

-5,988

-6,169

54,112

44,078

44,078

48,268

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Right-of-use lease assets and current and non-current lease liabilities

17,422

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other current and non-current liabilities

23,409

35,365

33,570

42,897

40,720

43,583

26,955

40,431

37,237

21,559

25,126

-1,301

-956

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other accrued liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other non-current assets and liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-20,547

-13,885

-13,886

-5,004

-5,796

-4,176

-2,256

-4,748

505

-1,549

-3,601

-5,632

-8,095

-4,551

-2,744

-5,743

0

0

0

-

0

0

0

Net cash provided by operating activities

669,316

521,009

582,795

644,139

742,779

674,904

597,325

505,774

489,337

419,042

387,237

365,765

386,392

370,257

366,570

316,625

297,538

173,548

222,625

264,414

314,449

350,374

331,393

324,179

278,339

261,679

287,524

289,296

280,113

263,335

247,606

213,912

203,615

145,598

164,972

173,078

179,995

0

0

0

Cash flows from investing activities
Payments to Acquire Property, Plant, and Equipment

283,048

283,278

277,564

259,927

225,807

207,482

191,982

172,299

157,864

150,471

128,139

142,746

149,511

141,594

149,630

142,195

143,487

138,421

132,749

122,222

119,733

123,836

114,496

110,879

106,408

93,133

98,197

101,509

93,229

88,008

68,379

54,522

116,657

109,096

106,110

99,310

30,357

0

0

0

Settlement of net investment hedges

347

11,197

16,764

20,873

16,216

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other investing activities

-4,293

1,636

1,267

902

771

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment in and advances to franchise

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Net cash used in investing activities

-278,408

-289,355

-285,471

-272,388

-242,794

-219,255

-212,795

-187,827

-173,392

-163,394

-128,139

-142,746

-149,511

-141,594

-149,630

-142,195

-143,487

-138,421

-132,749

-122,222

-119,733

-123,836

-114,496

-110,879

-106,408

-93,133

-98,197

-101,509

-93,229

-88,008

-74,033

-60,176

-122,311

-114,750

-106,110

-111,513

-42,839

0

0

0

Cash flows from financing activities
Proceeds from settlement of stock-based compensation

18,170

15,423

17,412

21,419

17,650

21,237

18,465

13,758

5,628

2,596

2,743

3,606

6,907

6,223

5,662

5,481

4,704

4,901

4,783

4,140

2,913

3,145

5,288

9,583

8,171

11,514

10,799

6,603

11,014

7,731

7,259

8,225

9,614

10,710

11,202

10,050

5,836

0

0

0

Tax benefits from stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,026

1,016

622

413

57

531

6,177

6,457

9,182

10,752

5,944

9,901

7,309

6,480

7,792

5,750

9,518

8,454

6,825

7,863

0

0

0

Taxes paid related to net share settlement of stock-based compensation

21,944

21,734

21,178

21,218

8,779

8,681

8,206

7,768

3,229

3,663

3,687

3,793

3,268

3,109

2,998

3,056

2,857

3,391

2,776

2,985

4,972

4,464

4,580

4,144

5,721

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Repurchase of common stock

173,399

357,097

357,193

761,862

598,340

415,327

415,706

87,465

100,261

100,040

91,572

26,366

29,327

132,775

220,751

271,143

274,193

187,139

173,625

166,246

147,431

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in financing activities

-177,173

-363,408

-460,960

-762,406

-590,214

-403,516

-306,191

-81,475

-97,862

-102,030

-93,439

-27,476

-26,611

-130,327

-218,736

-269,072

-272,491

-184,748

-170,747

-164,469

-149,077

-131,528

-54,565

11,616

8,907

15,026

-9,656

-18,660

-5,491

-10,973

13,739

16,017

15,364

20,228

19,656

16,875

13,699

0

0

0

Effect of exchange rate changes on cash

-1,550

14,300

9,533

325

-18,952

1,420

-21,710

31,810

37,572

16,050

20,203

-47,300

23,094

-21,396

-4,116

-11,193

-44,557

-80,515

-102,940

-73,807

-79,809

-62,173

-47,532

-61,369

-72,368

-22,250

-13,684

-5,039

-651

-1,877

-7,754

-6,294

-3,517

1,095

8,038

8,791

5,858

0

0

0

Increase (decrease) in cash and cash equivalents

212,185

-117,454

-154,103

-390,330

-109,181

53,553

56,629

268,282

255,655

169,668

185,862

148,243

233,364

76,940

-5,912

-105,835

-162,997

-230,136

-183,811

-96,084

-34,170

32,837

114,800

163,547

108,470

161,322

165,987

164,088

180,742

162,477

179,558

163,459

93,151

52,171

86,556

87,231

156,713

0

0

0