O Reilly Automotive Inc ORLY Cash Flow

O reilly automotive inc (ORLY)

CashFlow / Quarterly

Mar'20	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	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09
Operating activities:
Net income
300,438	324,916	391,293	353,681	321,152	300,357	366,151	353,073	304,906	302,315	283,734	282,821	264,934	246,030	278,493	257,794	255,374	218,576	266,268	233,508	212,864	181,678	216,997	205,647	173,860	152,347	186,489	177,127	154,329	132,802	159,332	146,120	147,492	122,988	148,439	133,772	102,474	105,760	116,542	99,595	97,476	71,923	87,225	85,515	62,835
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization of property, equipment and intangibles
73,963	70,493	68,107	68,311	63,964	65,619	62,526	60,872	69,920	60,345	58,541	57,951	57,008	56,419	55,017	53,652	52,778	52,191	52,058	51,057	54,950	50,690	48,511	47,527	47,477	47,109	46,389	45,503	44,179	44,610	44,266	44,397	43,833	43,139	42,627	41,323	38,791	42,625	40,794	39,760	38,263	41,859	36,196	36,260	33,864
Amortization of debt discount and issuance costs
1,035	1,018	1,011	969	918	913	908	854	795	793	734	702	642	640	638	627	546	528	527	526	525	523	522	521	520	528	526	504	496	493	458	420	417	425	680	353	339	1,434	2,140	2,141	2,137	1,393	2,138	2,076	2,151
Amortization of intangibles
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	242	1,672	-	840	1,797	2,168
Amortization of premium on exchangeable notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-189	-187	-185
Write-off of asset-based revolving credit facility debt issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	21,626	0	0	0	0	-	-	-	-
Excess tax benefit from share-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	17,812	11,759	21,188	16,854	8,447	5,999	17,850	5,616	6,514	7,893	10,788	8,493	6,446	12,908	10,784	8,280	7,324	5,233	2,148	6,832	3,992	5,988	1,775	-	-	-	-
Deferred income taxes
-58,732	8,775	4,019	4,052	4,312	2,926	8,210	4,654	4,370	-46,441	33,799	5,438	2,611	5,955	11,250	-3,489	-3,322	130	-7,454	-10,885	-4,441	19,595	-5,422	-8,890	-3,796	-6,582	8,581	2,611	-2,691	-10,250	14,037	-757	5,132	34,758	-1,367	4,398	16,331	13,434	52,575	14,961	18,287	2,923	36,110	12,028	-680
Stock option compensation programs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,819	3,804	3,650	-	-	-	-
Share-based compensation programs
5,875	5,343	5,563	5,591	5,424	5,032	4,992	4,976	5,176	4,566	4,482	4,925	5,428	4,488	4,518	4,675	5,178	5,243	5,352	5,414	5,890	5,671	5,287	7,041	5,096	5,237	5,311	5,577	5,597	5,450	5,685	5,667	5,224	4,694	5,352	5,397	5,136	15,454	535	520	464	3,698	6,092	5,857	5,766
Other
-1,739	-1,699	-1,553	-2,032	-2,245	-3,591	-1,651	-2,409	-2,244	-3,616	-2,137	-4,227	-1,810	-2,260	-1,519	-1,174	-1,481	-2,645	-1,600	-1,239	-1,355	-1,791	-1,083	-1,192	-1,526	-2,770	-1,518	-1,655	-1,462	-2,062	-1,327	-2,785	-1,290	-1,228	-1,625	-2,381	-3,058	-1,937	-1,895	-1,503	-1,558	-16,470	2,294	2,360	3,077
Changes in operating assets and liabilities:
Accounts receivable
12,208	-23,315	-36,086	14,064	60,914	-50,937	3,249	19,129	10,421	-1,019	17,964	11,016	-219	3,236	6,475	9,631	19,206	-653	-9,688	14,332	19,867	-6,896	-2,255	15,406	13,016	-7,552	-32,192	24,837	31,844	-27,152	1,946	9,442	11,360	-898	2,282	10,332	9,503	-2,001	-1,927	8,252	17,424	-2,267	28,262	-9,694	-6,587
Inventory
106,937	84,926	85,883	33,698	35,405	34,153	47,600	38,971	42,643	23,464	28,472	86,699	93,167	-39,607	48,862	39,270	70,745	24,202	45,838	32,993	-26,807	36,862	55,146	65,740	21,994	8,670	19,160	49,531	19,515	55,198	62,115	140,422	19,169	-23,658	-25,875	33,968	-22,175	25,771	65,239	29,371	-10,110	57,168	445,238	-106,629	-56,035
Accounts payable
156,584	-15,520	90,421	77,604	60,918	-16,393	69,427	91,886	32,756	35,779	62,362	103,894	51,230	-68,422	84,439	132,032	174,378	-17,895	90,155	65,222	53,582	8,113	106,772	141,385	104,376	-19,235	16,666	91,859	37,888	61,617	163,535	230,520	190,034	88,481	75,605	137,639	81,907	-42,335	88,611	59,807	-23,509	-70,484	70,069	58,203	22,036
Income taxes payable
131,949	-110,522	91,216	-83,309	82,476	18,443	-21,979	-52,941	79,380	-17,904	-26,049	-57,836	116,009	-12,756	14,466	-102,468	127,638	-3,811	6,256	-38,049	117,221	-18,885	11,631	-30,510	69,922	5,935	-4,981	-37,036	60,859	2,724	21,463	-27,554	74,713	-30,629	-5,983	-204	28,191	14,394	-22,377	-5,438	28,767	-	-	-	-
Other
34,613	36,952	-39,286	-25,213	4,468	49,131	-25,749	-35,273	14,206	12,828	-3,608	-29,400	30,024	-13,109	9,478	-30,517	20,979	1,614	-3,469	-43,480	21,673	36,702	-3,386	-33,208	572	952	-13,419	-7,529	13,628	-2,341	-2,072	-38,104	12,294	3,749	4,566	8,171	14,264	5,581	-19,779	-12,000	-11,155	-33,205	11,052	-21,373	18,140
Net cash provided by operating activities
459,093	218,803	642,672	406,382	440,622	385,536	466,786	442,956	432,277	316,268	376,912	333,807	376,700	296,454	385,525	325,613	503,121	282,766	364,269	292,428	406,025	207,476	327,429	309,976	345,549	188,178	280,436	213,068	226,344	218,429	341,668	276,930	414,528	278,842	278,681	267,355	294,113	111,124	236,820	185,097	170,646	-3,780	136,217	66,213	86,550
Investing activities:
Purchases of property and equipment
133,284	146,850	185,599	142,694	152,914	153,807	126,344	109,274	114,843	118,184	120,250	116,874	110,632	120,110	135,818	116,442	103,974	117,546	109,943	95,391	91,140	112,830	122,228	111,844	83,085	96,370	122,934	103,093	73,484	83,378	66,014	75,870	75,457	85,008	92,662	56,245	94,404	88,956	94,191	91,547	90,725	97,584	86,023	79,910	151,262
Proceeds from sale of property and equipment
1,901	1,639	2,341	1,327	1,811	1,431	417	2,184	752	2,558	1,154	507	245	2,630	518	1,107	864	561	589	950	658	576	1,515	502	287	630	423	323	355	444	529	1,584	487	1,965	129	369	252	258	160	1,324	382	1,702	1,221	200	1,165
Investment in tax credit equity investments
95,259	15,793	16,271	1,717	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments received on notes receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1,047	1,046	1,047	1,046	935	935	935	935	900	1,491	1,739	1,137	1,029	1,042	1,015	1,029	1,071	1,072	1,341	1,343	1,679	12,754	1,934	1,404	1,272	1,575	2,321	591	1,332
Other
0	142,687	51	-1,007	295	34,102	292	49	375	675	105	1,331	636	58,918	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-290	0	1	-227	618	2,024	1,518	1,186	1,523	1,150	1,489	1,827
Net cash used in investing activities
-226,642	-303,691	-199,707	-141,950	-151,398	-186,478	-126,219	-107,139	-114,466	-116,301	-119,201	-117,698	-111,023	-176,398	-135,300	-115,335	-102,063	-115,939	-108,307	-93,395	-89,547	-111,319	-119,778	-110,407	-81,898	-94,249	-120,772	-101,633	-72,100	-105,781	-64,470	-73,257	-73,899	-81,681	-91,192	-54,534	-92,246	-76,562	-94,121	-90,337	-90,257	-95,830	-83,631	-80,608	-150,592
Financing activities:
Proceeds from borrowings on revolving credit facility
1,052,000	516,000	563,000	755,000	874,000	669,000	316,000	674,000	755,000	614,000	705,000	1,300,000	482,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	42,400	230,500	41,200	154,300	122,700	225,400	100,900	164,676	173,574
Payments on revolving credit facility
969,000	330,000	644,000	929,000	831,000	427,000	396,000	1,109,000	541,000	537,000	1,152,000	674,000	392,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	398,400	199,500	193,500	270,200	208,300	131,600	192,200	163,852	112,298
Proceeds from the issuance of long-term debt
499,795	-	-	-	0	-	-	-	-	-	-	-	-	0	0	0	499,160	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	0	299,478	0	496,485	-	-	-	-	-	-	-	-
Payment of debt issuance costs
2,990	-1	3	3,988	0	-	-	-	-	-	-	-	-	0	341	59	3,725	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	0	2,557	0	7,385	-	-	-	-	-	-	-	-
Principal payments on capital leases
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	6	19	18	18	18	18	17	18	44	145	193	375	182	185	295	354	385	409	103,393	641	2,030	2,463	6,536	1,457	2,143	3,512
Repurchases of common stock
574,052	124,808	387,266	598,861	321,856	462,953	285,193	416,417	549,450	279,382	550,557	852,261	490,330	545,648	102,944	544,189	312,656	287,011	274,230	440,159	134,813	179,330	387,499	277,588	22,067	245,866	185,248	273,984	227,930	311,769	539,068	440,437	154,013	136,376	502,226	192,966	145,064	0	0	0	0	-	-	-	-
Excess tax benefit from share-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	17,812	11,759	21,188	16,854	8,447	5,999	17,850	5,616	6,514	7,893	10,788	8,493	6,446	12,908	10,784	8,280	7,324	5,233	2,148	6,832	3,992	5,988	1,775	1,242	4,095	2,853	2,025
Net proceeds from issuance of common stock
9,800	21,129	12,299	11,554	15,224	13,191	27,777	19,206	11,972	11,576	7,468	10,968	15,750	12,215	15,123	16,222	16,074	11,262	17,330	15,769	20,252	18,614	16,271	13,638	21,097	14,648	17,254	17,123	20,325	16,391	14,135	16,559	16,429	16,065	18,771	14,041	8,685	17,527	17,832	18,921	8,836	8,504	24,587	16,061	10,356
Other
-253	-1	0	0	-190	0	0	0	-2,156	0	0	0	-156	-345	-2	-1	-204	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) financing activities
15,300	82,321	-455,970	-265,340	-263,822	-207,762	-337,416	-337,474	-325,634	-190,906	-246,952	-217,120	-384,736	-533,778	-88,164	-528,027	198,649	-327,442	-239,088	-412,637	-93,392	-143,880	-362,799	-257,969	16,862	-225,619	-162,586	49,085	-196,962	-287,225	-222,210	-411,152	-126,985	-112,326	-179,564	-174,077	-1,540	-48,034	-131,117	-93,021	-77,452	97,010	-64,075	18,015	70,145
Effect of exchange rate changes on cash
-1,090	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase in cash and cash equivalents
246,661	-2,398	-13,005	-908	25,402	-8,704	3,151	-1,657	-7,823	9,061	10,759	-1,011	-119,059	-413,722	162,061	-317,749	599,707	-160,615	16,874	-213,604	223,086	-47,723	-155,148	-58,400	280,513	-131,690	-2,922	160,520	-42,718	-174,577	54,988	-207,479	213,644	84,835	7,925	38,744	200,327	-13,472	11,582	1,739	2,937	-2,600	-11,489	3,620	6,103
Supplemental disclosures of cash flow information:
Income taxes paid
4,975	176,545	23,883	189,168	5,335	54,427	105,959	143,051	7,939	136,890	156,058	203,780	0	152,776	137,802	255,334	23,765	142,904	148,205	186,040	8,675	108,429	118,085	156,613	33,331	90,698	101,798	140,942	29,158	86,887	62,175	114,280	11,295	67,605	92,383	75,099	17,682	32,095	45,500	63,380	13,171	32,344	20,338	55,224	22,814
Interest paid, net of capitalized interest
46,282	24,620	45,813	16,405	47,796	15,913	46,469	6,793	48,763	5,514	35,101	5,197	31,954	4,101	32,373	4,111	23,063	4,058	23,292	4,276	23,435	4,030	21,983	2,771	22,419	2,700	22,354	-2,058	23,764	-1,305	18,242	-729	18,447	-715	12,616	-188	1,637	7,019	6,068	10,848	7,276	9,967	7,266	10,907	8,741
Property and equipment acquired through issuance of capital lease obligations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,335	2,501