Ollie's bargain outlet holdings, inc. (OLLI)
CashFlow / Quarterly
Feb'20Nov'19Aug'19May'19Feb'19Oct'18Aug'18May'18Feb'18Oct'17Jul'17Apr'17Jan'17Oct'16Jul'16Apr'16Jan'16Oct'15Jul'15Apr'15
Cash flows from operating activities:
Net income

50,287

26,956

25,170

38,717

49,894

24,817

29,848

30,454

70,054

18,862

19,712

18,966

24,420

10,461

13,135

11,748

16,064

6,762

6,352

6,661

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

4,653

4,521

4,253

4,116

3,801

3,484

3,414

3,309

3,216

3,040

2,892

2,775

2,805

2,575

2,500

2,411

2,346

2,250

2,192

2,125

Amortization of debt issuance costs

68

64

64

104

132

120

120

128

103

158

159

180

184

188

187

187

232

343

322

376

Amortization of original issue discount

0

0

0

0

1

1

1

2

4

4

4

5

7

6

6

6

71

105

103

157

Loss on extinguishment of debt

0

0

0

0

-100

0

0

-100

-403

0

0

-397

0

0

0

0

-

-

-

-

Amortization of intangibles

0

0

0

0

84

84

83

84

84

83

84

87

93

95

94

95

94

108

113

113

Gain on sale of assets

18

43

3

10

260

-236

18

6

8

47

-34

8

4

0

0

0

-

-

-

-

Deferred income tax provision (benefit)

3,354

646

-226

11

-968

-633

90

-57

-29,110

411

-760

-864

3,056

400

-1,021

-568

245

-270

-1,105

-601

The net change during the reporting period in the amount due which is the result of the cumulative difference between the rental payments required by a lease agreement and the rental expense recognized on a straight-line basis.

0

0

0

0

1,355

-759

866

128

229

603

905

183

240

493

464

172

333

962

363

215

Stock-based compensation expense

447

2,230

2,432

2,193

1,899

1,882

1,910

1,600

1,481

1,893

2,128

1,911

1,706

1,707

1,727

1,545

1,368

1,371

1,209

1,087

Excess tax benefit related to exercises of stock options

-

-

-

-

-

-

-

-

-

-

-

-

1,725

2,339

716

4,779

-

-

-

-

Changes in operating assets and liabilities:
Inventories

-50,115

30,720

25,511

32,658

-35,918

44,885

11,400

20,855

-29,146

31,323

6,378

36,523

-30,660

25,043

9,311

15,805

-21,973

25,339

-4,380

21,750

Accounts receivable

1,863

-214

230

391

-1,831

799

1,188

-857

281

224

436

29

18

120

-99

79

-235

-152

300

-48

Prepaid expenses and other assets

555

-271

-290

876

2,997

-2,909

3,887

188

4,098

-270

966

-370

-1,535

-2,052

1,373

3,478

-3,671

916

-671

4,156

Accounts payable

-16,445

-13,208

-1,284

15,424

-24,072

32,412

-6,276

1,500

3,655

16,928

-9,374

11,746

-7,036

3,531

-5,128

6,811

1,450

10,757

-14,443

3,779

Income taxes payable

2,735

-243

-8,015

2,036

7,393

0

-10,858

4,823

304

3,795

-9,983

7,371

6,273

2,339

-2,535

3,928

5,508

-80

-5,495

535

Accrued expenses and other liabilities

-1,702

4,945

-277

-6,690

5,126

5,512

4,476

-6,531

332

8,615

-2,624

-4,648

731

9,502

-155

-1,853

4,133

5,784

633

-3,090

Net cash provided by operating activities

91,072

-4,367

-3,337

21,976

79,169

24,381

7,181

15,348

75,552

23,068

-4,603

1,919

62,927

5,847

-2,027

341

61,231

1,772

-2,654

-14,501

Purchases of property and equipment

12,436

24,192

20,228

20,123

11,458

52,479

5,522

4,719

4,080

6,538

5,714

2,953

2,205

4,251

5,161

4,821

3,286

4,893

3,521

2,503

Proceeds from sale of property and equipment

113

49

42,677

16

260

27

32

11

42

69

9

8

0

15

0

0

-

-

-

-

Net cash used in investing activities

-12,323

-24,143

22,449

-20,107

-11,198

-52,452

-5,490

-4,708

-4,038

-6,469

-5,705

-2,945

-2,205

-4,236

-5,161

-4,821

-3,443

-4,893

-3,498

-2,503

Borrowings on revolving credit facility

-

347,846

366,968

336,965

-

296,129

311,412

287,750

-

248,427

274,875

236,389

305,484

210,333

228,866

202,000

243,927

189,627

255,165

169,334

Repayments on revolving credit facility

-

347,846

366,968

336,965

-

296,129

311,412

287,750

-

248,427

274,875

236,389

305,484

210,333

228,866

202,000

261,981

181,221

245,517

169,334

Repayments on term loan and capital leases

112

146

89

113

18,815

2,566

2,570

25,050

77,539

2,561

49

66,273

1,283

1,272

1,295

1,254

213,984

838

108,416

838

Proceeds from stock option exercises

1,217

298

1,491

6,081

2,049

1,958

2,680

3,492

3,095

3,306

1,457

2,555

1,558

2,551

1,370

7,825

-

-

-

-

Common shares withheld for taxes

5

0

0

1,267

0

0

0

702

0

0

0

219

0

0

0

0

-

-

-

-

Purchase of treasury stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

57

Excess tax benefit related to exercises of stock options

-

-

-

-

-

-

-

-

-

-

-

-

1,725

2,339

716

4,779

-

-

-

-

Net cash used in financing activities

1,100

-39,862

850

4,701

-16,766

-608

110

-22,260

-74,444

745

1,408

-63,937

2,000

3,618

791

11,350

-31,489

6,299

2,881

-895

Net increase (decrease) in cash and cash equivalents

79,849

-68,372

19,962

6,570

51,205

-28,679

1,801

-11,620

-2,930

17,344

-8,900

-64,963

62,722

5,229

-6,397

6,870

26,299

3,178

-3,271

-17,899

Supplemental disclosure of cash flow information:
Cash paid during the year for:
Interest

86

61

79

129

-30

256

160

421

713

981

960

1,152

1,203

1,214

1,293

1,469

3,029

2,783

3,998

4,019

Income taxes

7,983

8,517

14,194

163

4,645

5,183

16,157

127

12,092

0

19,727

130

3,820

557

16,235

4,247

3,942

4,237

10,327

4,318

Non-cash investing activities:
Accrued purchases of property and equipment

3,894

-4,757

289

5,136

3,424

959

73

1,279

341

114

-48

1,518

40

144

-77

902

-439

-66

359

548