MONRO, INC. MNRO Cash Flow

Monro, inc. (MNRO)

CashFlow / TTM

Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10
Cash flows from operating activities:
Net income
78,616	80,267	81,714	79,752	80,419	71,488	66,994	63,935	56,113	62,079	62,356	61,526	65,768	63,433	64,761	66,805	65,453	66,208	63,666	61,799	61,157	60,500	57,819	54,459	50,677	46,603	44,502	42,567	44,942	47,238	50,807	54,612	52,358	49,865	48,072	45,841	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities -
Depreciation and amortization
61,825	58,856	57,143	55,531	53,893	52,359	50,723	49,335	47,796	47,063	45,655	44,629	43,677	41,648	40,951	39,769	38,951	38,313	37,135	35,721	34,105	33,431	32,318	31,688	31,833	30,208	28,844	27,500	25,589	24,704	24,186	23,583	22,983	22,829	22,470	22,380	0	0	0
Gain on disposal of assets
470	26	219	-56	1,112	883	680	1,198	534	1,760	183	-85	-561	-1,194	-73	41	756	921	-107	-265	-932	-848	-908	-373	-134	-119	28	-375	-608	1,157	1,140	1,247	1,521	-86	-224	-291	0	0	0
Stock-based compensation expense
3,727	3,844	3,863	4,022	3,998	3,721	3,454	2,858	2,263	1,713	2,329	2,483	2,667	2,840	2,876	2,750	2,692	2,846	3,025	3,264	3,508	3,598	3,513	3,551	3,600	3,584	3,268	3,084	2,926	2,746	2,686	2,695	2,647	2,441	2,285	2,299	0	0	0
Excess tax benefits from share-based payment arrangements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8	48	80	87	121	143	147	144	195	304	282	308	441	319	352	494	294	419	1,454	1,606	2,040	0	0	0
Net change in deferred income taxes
-9,236	-12,689	-12,658	-12,517	-14,009	-15,789	-15,377	-15,485	-16,580	-11,529	-10,678	-11,256	-8,757	-9,943	-8,950	-6,589	-9,777	-6,489	-6,545	-6,338	-4,259	-4,155	-4,248	-4,520	-1,418	-736	-171	375	-603	-1,853	-2,649	-3,162	-2,877	-4,586	-3,345	-2,551	0	0	0
Change in operating assets and liabilities (excluding acquisitions):
Trade receivables
1,940	1,244	562	1,361	498	1,395	2,754	88	1,583	827	747	74	-319	259	427	1,477	1,005	1,073	1,067	-168	51	56	-195	-107	582	522	460	511	-198	-238	-314	-153	41	561	190	-101	0	0	0
Inventories
15,119	10,434	11,350	9,126	6,292	246	2,824	8,399	3,562	654	-3,557	-5,044	-10,993	-7,296	-2,984	-1,555	-6,520	-10,283	1,467	-805	7,321	16,272	9,326	5,192	8,914	-17	-1,452	5,968	-2,596	-621	-1,494	-4,589	2,725	7,819	11,528	12,887	0	0	0
Other current assets
1,733	3,093	3,015	514	-3,086	6,138	3,143	4,076	-3,057	775	6,680	2,879	8,260	5,545	3,979	6,847	6,046	-1,376	-450	-2,622	-300	870	-3,858	-5,149	3,189	2,666	2,792	7,176	6,502	7,903	4,980	3,668	-2,825	-2,435	-2,291	-975	0	0	0
Intangible assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Other non-current assets
-17,669	-10,831	-5,259	427	441	128	-1,753	-1,863	-5,348	-4,147	-6,005	-5,680	-4,955	-6,955	-3,142	-2,886	-1,153	2,013	606	498	1,273	-1,123	-959	-1,844	-6,906	-2,999	-4,762	-5,468	2,375	-382	4,363	6,942	2,967	901	-2,307	-3,329	0	0	0
Trade payables
20,357	19,118	14,148	19,037	8,947	-3,889	-847	5,151	4,827	16,783	31,729	9,605	13,378	19,257	-5,838	7,079	620	-13,957	11,407	9,599	7,437	11,263	-6,320	-7,685	6,793	10,972	11,157	15,657	4,217	92	5,798	4,048	5,341	920	3,152	-2,095	0	0	0
Accrued expenses
-3,518	1,724	5,475	-3,019	-533	-5,839	9,323	-1,582	-264	-1,585	-1,947	-3,224	3,068	447	1,478	2,414	2,473	5,580	-6,666	2,937	-895	2,396	8,635	3,656	6,516	8,181	8,097	3,826	858	5,857	-5,137	-323	-292	-423	7,432	3,545	0	0	0
Federal and state income taxes payable
6,426	1,837	3,530	1,401	1,012	636	-3,795	658	-1,036	2,935	793	-63	2,236	3,527	2,792	6,212	-9,254	-4,414	3,202	-4,764	5,750	2,022	-2,743	2,031	3,241	3,300	2,658	1,779	2,834	1,429	2,538	3,577	2,196	1,687	2,699	501	0	0	0
Other long-term liabilities
-23,154	-15,654	-7,946	-1,967	-1,917	-1,523	-1,809	-930	-3,207	-3,133	-3,283	-3,580	-1,629	-1,744	-1,379	-1,399	-972	-937	-1,167	-1,037	-486	-151	832	491	-503	-374	-1,017	-844	-747	-845	-892	-539	-214	-380	-154	99	0	0	0
Long-term income taxes payable
-173	-109	3,043	-209	-522	-469	-478	-448	-621	-755	-721	-679	27	181	208	217	388	308	245	109	589	76	-19	-637	-1,068	-1,148	-1,116	-505	-672	-863	-995	-780	0	0	0	-	-	-	-
Total adjustments
70,331	75,537	79,225	73,139	72,314	50,679	62,971	57,300	69,177	74,794	87,311	68,409	80,749	85,740	51,831	59,699	54,021	50,942	60,198	64,550	46,369	41,199	36,697	39,484	45,620	55,124	54,688	41,869	29,814	26,802	21,664	28,014	29,793	23,073	33,612	19,679	0	0	0
Net cash provided by operating activities
148,947	155,804	160,939	152,891	152,733	122,167	129,965	121,235	125,290	136,873	149,667	129,935	146,517	149,173	116,592	126,504	119,474	117,150	123,864	126,349	107,526	101,699	94,516	93,943	96,297	101,727	99,190	84,436	74,756	74,040	72,471	82,626	82,151	72,938	81,684	65,520	0	0	0
Cash flows from investing activities:
Capital expenditures
55,931	46,565	47,024	44,468	40,158	41,881	43,826	39,122	36,285	35,428	33,174	34,640	36,075	35,444	35,594	36,834	37,074	35,531	35,218	34,750	36,981	36,957	33,679	32,150	34,805	35,978	34,645	34,185	30,669	29,440	31,820	28,556	26,266	22,143	18,102	17,507	0	0	0
Acquisitions, net of cash acquired
120,629	88,313	89,629	62,427	53,128	48,105	46,986	23,439	25,246	27,562	99,177	142,567	134,545	131,520	81,146	49,018	49,866	67,181	81,240	84,367	83,791	74,611	45,827	27,467	43,693	122,851	112,407	163,326	147,367	64,198	57,461	39,243	37,804	35,620	35,788	10,193	0	0	0
Proceeds from the disposal of assets
657	409	523	723	2,230	2,523	4,281	4,071	2,449	3,482	1,597	1,583	1,639	275	2,484	2,625	2,497	2,674	591	409	383	4,014	3,917	3,916	3,938	138	131	3,037	3,024	4,998	4,991	2,102	2,104	122	159	143	0	0	0
Other
0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used for investing activities
-175,308	-134,140	-135,807	-105,883	-90,775	-87,209	-86,531	-58,490	-59,082	-59,508	-130,754	-175,624	-168,981	-166,689	-114,256	-83,227	-84,443	-100,038	-115,867	-118,708	-120,389	-107,554	-75,589	-55,701	-74,560	-158,691	-146,921	-194,474	-175,012	-88,640	-84,290	-65,697	-61,966	-57,641	-53,731	-27,557	0	0	0
Cash flows from financing activities:
Proceeds from borrowings
476,364	442,473	444,395	433,460	397,767	392,316	373,201	344,843	341,275	339,734	417,702	470,027	446,639	440,615	383,505	336,942	347,944	346,173	354,221	343,561	344,964	330,372	317,961	304,321	321,336	377,282	335,026	371,031	331,268	241,721	235,730	189,502	193,318	195,306	176,029	173,998	0	0	0
Principal payments on long-term debt, finance leases and financing obligations
424,194	447,695	463,711	463,989	451,841	412,639	390,806	395,521	386,520	398,720	414,411	404,303	402,025	399,758	372,311	366,707	377,989	363,102	351,028	336,617	319,341	306,758	324,412	333,174	339,773	311,155	278,481	253,445	212,603	219,152	219,697	198,236	207,058	207,779	199,337	218,888	0	0	0
Exercise of stock options
8,449	15,735	17,592	14,640	13,929	6,528	4,941	4,816	4,036	4,017	2,506	3,492	4,151	5,887	6,079	8,602	13,482	11,520	11,621	8,664	2,972	3,279	3,111	4,314	4,348	4,163	4,343	2,957	2,449	2,909	3,269	3,134	3,751	4,434	4,965	5,067	0	0	0
Excess tax benefits from share-based payment arrangements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8	48	80	87	121	143	147	144	195	304	282	308	441	319	352	494	294	419	1,454	1,606	2,040	0	0	0
Dividends paid
29,030	28,252	27,540	26,814	26,087	25,358	24,661	23,969	23,609	23,254	22,881	22,517	21,823	21,125	20,416	19,687	18,973	18,243	17,536	16,845	16,158	15,489	14,823	14,156	10,609	13,455	13,100	12,740	15,586	12,044	11,703	11,036	10,685	10,330	9,345	8,690	0	0	0
Net cash provided by (used for) financing activities
31,608	-17,787	-29,281	-42,703	-66,232	-39,153	-37,325	-69,831	-64,818	-78,223	-17,084	46,699	24,762	23,439	-5,323	-43,022	-35,488	-23,572	-2,635	-1,116	12,580	11,551	-18,019	-38,500	-24,394	57,117	48,096	108,244	105,847	13,786	8,093	-16,342	-20,255	-16,915	-26,082	-46,473	0	0	0
Increase in cash
5,247	3,877	-4,149	4,305	-4,274	-4,195	6,109	-7,086	1,390	-858	1,829	1,010	2,298	5,923	-2,987	255	-457	-6,460	5,362	6,525	-283	5,696	908	-258	-2,657	153	365	-1,794	5,591	-814	-3,726	587	-70	-1,618	1,871	-8,510	0	0	0