La-z-boy incorporated (LZB)
CashFlow / TTM
Jan'20Oct'19Jul'19Apr'19Jan'19Oct'18Jul'18Apr'18Jan'18Oct'17Jul'17Apr'17Jan'17Oct'16Jul'16Apr'16Jan'16Oct'15Jul'15Apr'15Jan'15Oct'14Jul'14Apr'14Jan'14Oct'13Jul'13Apr'13Jan'13Oct'12Jul'12Apr'12Jan'12Oct'11Jul'11Apr'11Jan'11Oct'10Jul'10
Cash flows from operating activities
Net income

77,275

71,733

69,178

70,141

102,834

85,945

88,802

81,595

75,464

86,821

84,720

86,984

81,702

80,294

80,848

80,963

78,496

74,734

73,049

71,971

64,048

62,447

59,490

56,380

62,315

62,607

52,422

47,182

48,724

46,907

47,747

88,908

75,634

68,672

64,171

17,373

0

0

0

Adjustments to reconcile net income to cash provided by (used for) operating activities
(Gain)/loss on disposal of assets

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-45

-208

92

-105

-201

0

0

0

Change in deferred taxes

-2,968

-2,967

-2,162

-1,668

9,256

19,236

15,734

17,261

7,898

-923

2,989

569

2,795

5,532

3,357

4,581

10,017

2,967

2,520

1,030

-1,274

-1,624

-2,258

-216

1,014

3,264

4,078

3,198

5,151

1,181

1,029

-42,146

-48,173

-43,911

-43,512

-120

0

0

0

Restructuring

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,071

0

0

0

-

-

-

-

-

-

-

-

-

-

-

0

Provision for doubtful accounts

235

537

339

502

555

517

577

276

-29

-199

-236

-291

-1,399

-1,104

-1,077

-660

905

1,603

2,012

2,290

2,217

1,770

2,024

2,651

480

335

-429

-1,005

2,090

2,732

3,827

4,196

6,573

7,427

7,321

7,197

0

0

0

Depreciation and amortization

31,000

30,542

30,904

31,147

31,278

31,439

31,550

31,767

31,491

31,001

30,089

29,131

28,520

27,837

27,046

26,517

25,294

23,966

23,175

22,283

21,950

22,517

22,714

23,182

23,558

23,562

23,501

23,140

22,543

22,353

23,065

23,486

24,611

25,210

24,403

24,302

0

0

0

Equity-based compensation expense

10,042

10,009

10,616

10,981

9,719

8,743

7,956

9,474

9,222

9,394

9,093

8,864

8,995

9,049

8,609

8,292

7,554

6,856

6,782

6,780

7,462

8,115

8,556

8,739

10,631

10,170

11,032

11,458

9,621

9,392

7,778

5,718

4,972

4,649

4,252

3,720

0

0

0

Pension plan contributions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

23,480

6,488

6,258

6,028

5,798

4,785

6,355

5,425

4,495

0

0

0

Change in receivables

5,135

5,649

-1,494

-7,195

6,706

8,844

4,318

2,801

2,217

2,469

9,761

7,850

5,130

-6,534

-3,784

-10,730

-5,678

-4,520

-9,574

2,595

-5,483

96

6,034

-3,337

-9,547

3,252

-9,294

-7,139

6,273

-6,925

-67

6,182

6,848

-2,215

1,942

-1,599

0

0

0

Change in inventories

-22,023

-10,527

-13,700

-3,135

17,817

18,950

16,624

8,009

-9,304

-12,168

-9,530

-12,517

-2,571

-3,133

-8,048

14,621

18,852

18,139

13,929

7,644

6,191

9,889

13,630

9,444

2,420

-12,120

-11,976

-391

21,972

24,939

20,329

7,414

-5,810

2,506

11,882

10,531

0

0

0

Change in other assets

-55,986

-36,180

895

7,737

10,044

11,091

-8,055

3,245

100

7,340

10,581

1,211

2,258

-7,998

-9,614

-4,148

-351

7,755

5,764

-4,154

-138

-5,215

-1,220

2,958

-2,723

1,284

3,694

5,407

4,086

-268

-2,615

-3,318

-4,529

28

2,471

563

0

0

0

Change in payables

-6,683

-4,568

-6,270

-2,388

-973

10,500

13,067

6,602

10,711

5,128

164

4,541

5,003

1,170

-2,625

-1,007

2,802

-5,049

-2,930

-5,206

-8,820

-2,853

-458

1,704

3,038

2,303

365

-6,088

1,994

3,885

6,554

7,470

-1,982

1,730

2,608

-4,429

0

0

0

Change in other liabilities

-24,317

-19,460

-3,127

14,747

5,884

1,181

-9,321

-10,088

11,077

18,251

18,733

17,731

18,115

8,008

17,500

2,618

-2,427

3,590

-249

-1,019

-4,868

-1,134

-435

3,223

9,799

20,480

12,088

11,016

9,509

-920

-596

12,610

9,226

2,575

1,006

-10,837

0

0

0

Net cash provided by operating activities

179,056

158,363

137,931

150,745

115,998

110,610

128,396

115,750

146,176

145,111

131,745

147,990

137,809

146,889

148,732

114,509

101,401

76,706

89,503

86,751

83,107

90,187

76,590

90,832

97,777

103,312

96,806

68,440

60,444

62,867

64,480

82,848

72,986

64,181

42,919

27,846

0

0

0

Cash flows from investing activities
Proceeds from disposals of assets

12,736

1,773

1,902

1,941

1,267

1,088

1,042

1,440

1,108

1,226

1,185

761

821

706

2,810

3,054

2,627

5,018

7,992

9,061

8,925

6,526

1,503

2,233

5,219

5,711

5,611

4,455

1,599

1,136

1,206

372

340

423

572

506

0

0

0

Proceeds from insurance

1,110

1,088

768

184

434

716

1,695

2,087

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital expenditures

48,131

44,456

44,859

48,433

47,965

46,891

43,064

36,337

28,913

26,450

24,241

20,304

20,388

20,961

23,387

24,684

33,632

43,688

57,419

70,319

67,164

59,987

49,920

33,730

27,198

28,598

23,893

25,912

25,937

19,082

17,610

15,663

13,889

13,771

11,392

10,540

0

0

0

Purchases of investments

31,990

33,303

21,796

20,698

19,425

15,279

21,932

28,593

33,109

30,456

32,919

29,763

25,971

27,130

23,282

21,009

25,599

27,796

29,808

40,327

43,981

55,277

63,742

54,233

54,032

41,255

45,238

49,589

37,835

34,244

15,225

7,944

8,372

8,784

9,369

10,200

0

0

0

Proceeds from sales of investments

31,328

26,361

20,242

20,944

19,869

18,899

21,579

22,674

23,164

21,726

22,141

19,954

18,724

19,069

19,408

28,721

33,659

35,332

36,311

33,750

30,570

34,188

36,421

34,557

33,978

31,174

25,022

18,662

14,878

9,173

7,468

8,649

9,071

9,694

9,681

10,655

0

0

0

Cash effects on deconsolidation of VIE

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

632

0

0

0

Acquisitions

0

0

0

-

-

-

-

16,495

16,495

35,760

46,476

35,878

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,936

-2,929

-7,281

-7,409

-114

2,768

2,774

2,900

9,825

9,798

9,792

9,792

2,861

0

0

0

-

-

-

-

Other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

49

0

0

0

Net cash used for investing activities

-39,282

-52,772

-125,686

-122,567

-124,402

-120,228

-41,296

-55,224

-52,438

-68,229

-79,860

-65,230

-67,431

-49,052

-53,043

-37,229

-41,516

-55,831

-49,051

-66,673

-63,651

-61,226

-62,286

-45,016

-45,602

-35,711

-57,230

-78,041

-72,916

-69,638

-35,600

-19,094

-14,504

-13,125

-10,544

-10,260

0

0

0

Cash flows from financing activities
Payments on debt and finance lease liabilities

189

202

211

223

228

247

255

262

274

263

265

288

310

381

475

508

573

496

481

7,571

7,558

7,674

7,659

579

573

519

522

2,511

22,600

23,331

23,467

25,936

15,876

25,596

35,642

41,618

0

0

0

Proceeds from debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

30,585

0

0

0

Stock issued for stock and employee benefit plans, net of shares withheld for taxes

10,717

10,433

14,493

13,901

5,571

6,660

591

2,977

1,428

734

1,266

1,749

-242

-610

-1,013

-1,728

1,154

1,489

1,411

1,397

535

743

2,933

3,565

4,899

4,648

3,010

2,901

5,753

5,858

5,547

4,943

930

533

296

270

0

0

0

Excess tax benefit on stock option exercises

-

-

-

-

-

-

-

-

-

-

-

1,737

2,414

2,698

2,038

1,264

2,132

1,732

1,706

1,592

7,364

7,959

9,907

12,935

7,251

6,766

4,967

2,563

1,340

1,248

1,096

223

0

0

0

-

-

-

-

Purchases of common stock

41,577

34,514

27,326

22,957

27,382

37,648

53,183

56,730

56,969

46,883

33,881

35,957

40,048

45,387

48,478

44,082

45,197

50,660

54,962

51,853

47,573

38,070

31,088

32,097

25,392

20,002

13,392

10,333

5,879

7,649

9,191

5,179

0

0

0

-

-

-

-

Dividends paid

24,768

24,381

23,995

23,508

23,047

22,639

22,297

22,009

21,728

21,434

21,069

20,655

20,274

19,898

19,009

18,141

17,234

16,351

15,449

14,513

13,555

12,574

11,523

10,514

9,492

8,450

6,346

4,236

0

0

0

-

-

-

-

-

-

-

-

Net cash used for financing activities

-75,817

-83,664

-37,039

-32,787

-25,097

-19,105

-75,375

-76,255

-77,950

-67,935

-53,349

-53,414

-58,460

-67,578

-66,937

-63,195

-59,762

-60,494

-67,983

-71,156

-60,951

-49,616

-37,430

-26,690

-23,307

-17,557

-12,283

-11,616

-23,505

-24,052

-26,583

-26,517

-19,934

-16,866

-14,999

-10,763

0

0

0

Effect of exchange rate changes on cash and equivalents

706

1,746

1,781

-475

-537

-106

-711

1,741

2,521

1,192

913

178

59

97

235

-688

-835

-1,140

-1,259

-281

-207

-265

-65

-550

-737

-407

-357

-68

-116

-102

-159

-129

-106

-313

49

12

0

0

0

Change in cash, cash equivalents and restricted cash

64,663

23,673

-23,013

-5,084

-34,038

-28,829

11,014

-13,988

18,309

10,139

-551

29,524

11,977

30,356

28,987

13,397

-712

-40,759

-28,790

-51,359

-41,702

-20,920

-23,191

18,576

28,131

49,637

26,936

-21,285

-36,093

-30,925

2,138

37,108

38,442

33,877

17,425

6,835

0

0

0

Supplemental disclosure of non-cash investing activities
Capital expenditures included in payables

4,449

4,613

1,544

3,250

4,568

8,478

8,118

5,667

0

0

0

-

-

-

-

-

-

-

-7,024

500

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-