Dave & buster’s entertainment, inc. (PLAY)
CashFlow / Yearly
Feb'20Feb'19Feb'18Jan'17Jan'16Jan'15Jan'14Jan'13
Cash flows from operating activities:
Net income

100,263

117,221

120,949

90,795

59,619

7,636

2,169

8,782

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

132,460

118,275

102,766

88,305

78,660

70,868

66,337

63,457

Payment of accreted interest at debt retirement

-

-

-

-

-

50,193

-

-

Debt costs and discount amortization

-

-

-

-

-

-

-

2,946

Accretion of note discount

-

-

-

-

-

8,341

15,881

14,141

Deferred taxes

6,473

5,474

-8,845

6,961

7,853

-1,615

-801

-13,548

Excess income tax benefit related to share-based compensation plans

-

-

-

19,304

16,834

-

-

-

Loss on debt refinancing

-

-

718

-

6,790

8,580

-

-

Loss on disposal of fixed assets

-1,813

-1,121

-1,863

-1,533

-1,411

-1,771

-2,631

-2,640

Share-based compensation

6,857

7,422

8,916

5,828

4,109

2,212

1,207

1,099

Other, net

-1,070

-1,049

-881

-1,467

-1,135

-2,222

-3,865

1,181

Changes in assets and liabilities:
Inventories

7,162

-245

5,700

2,331

1,072

3,103

505

9

Prepaid expenses

2,162

1,661

3,224

2,874

2,262

892

157

-1,502

Income tax receivable

451

-2,987

-1,034

1,755

1,725

-25

1,325

1,120

Other current assets

-5,320

-4,705

13,361

-6,032

7,912

911

-3,015

8,461

Other assets and deferred charges

1,017

2,523

224

-487

4,365

-4

364

-924

Accounts payable

2,026

11,122

-4,071

832

3,391

8,720

-1,774

-96

Accrued liabilities

47,896

21,329

22,394

14,431

13,780

14,869

6,782

1,574

Income taxes payable

-8,745

8,762

345

19,299

17,961

497

291

-711

Deferred occupancy costs

-

38,958

37,702

20,156

25,407

16,919

12,214

6,691

Other liabilities

4,305

3,130

2,529

1,467

1,037

765

412

4,166

Net cash provided by operating activities

288,946

337,616

264,672

231,329

186,983

86,715

109,878

82,796

Cash flows from investing activities:
Capital expenditures

228,091

216,286

219,901

180,577

162,892

129,688

105,894

78,689

Proceeds from sale-leaseback transactions

-

11,571

-

20,262

-

-

-

-

Proceeds from insurance

-

541

-

-

-

-

-

-

Proceeds from sales of property and equipment

800

366

78

30

132

115

217

201

Collections on notes receivable

-

-

3,200

800

1,220

-

-

-

Net cash used in investing activities

-227,291

-203,808

-216,623

-159,485

-161,540

-129,573

-105,677

-78,488

Cash flows from financing activities:
Proceeds from debt

406,000

265,000

509,000

97,000

468,000

528,675

-

-

Payments of debt

152,000

238,000

406,500

170,500

559,750

544,375

-

-

Repayments of Credit Facility

-

-

-

-

-

-

-

1,875

Debt issuance costs

-

-

2,910

-

3,311

8,212

818

-

Proceeds from the issuance of common stock, net of underwriter fees

-

-

-

-

-

100,659

-

-

Payment of costs associated with the issuance of common stock

-

-

-

-

-

1,093

-

-

Repurchase of common stock

297,317

149,125

151,913

28,825

-

-

-

-

Repurchases of common stock to satisfy employee withholding tax obligations

595

673

-

-

-

-

-

-

Dividends paid

15,724

11,570

-

-

-

-

-

-

Proceeds from the exercise of stock options

1,051

3,350

1,344

4,360

6,300

-

80

-

Proceeds from issuance of treasury stock

-

-

1,642

1,405

1,103

-

-

-

Excess income tax benefit related to share-based compensation plans

-

-

-

19,304

16,834

-

-

-

Net cash used in financing activities

-58,585

-131,018

-49,337

-77,256

-70,824

75,654

-2,238

-1,875

Increase (decrease) in cash and cash equivalents

3,070

2,790

-1,288

-5,412

-45,381

32,796

1,963

2,433

Supplemental disclosures of cash flow information:
Decrease in fixed asset accounts payable

2,906

-5,321

3,420

11,610

4,444

-9,811

13,988

-

Cash paid for income taxes, net

27,245

13,464

43,072

28,213

8,009

4,937

2,151

2,515

Cash paid for interest, net

20,115

12,247

7,853

6,603

10,718

28,510

29,096

32,435

Cash paid for interest and related debt fees, related to debt retirement

-

-

-

-

-

18,998

-

-

Cash paid for settlement of accreted interest on senior discount notes

-

-

-

-

-

50,193

-

-