Dave & buster’s entertainment, inc. (PLAY)
CashFlow / TTM
Feb'20Nov'19Aug'19May'19Feb'19Oct'18Jul'18May'18Feb'18Oct'17Jul'17Apr'17Jan'17Oct'16Jul'16Apr'16Jan'16Oct'15Jul'15Apr'15Jan'15Oct'14Jul'14Apr'14
Cash flows from operating activities:
Net income

100,263

104,717

116,091

117,514

117,221

123,425

123,726

120,303

120,949

112,676

111,274

102,430

90,795

86,378

80,177

71,238

59,619

51,329

42,168

15,717

7,636

0

0

0

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

132,460

128,372

125,606

121,910

118,275

115,448

110,546

106,344

102,766

97,644

94,836

91,423

88,305

85,521

82,689

80,893

78,660

76,794

74,410

72,158

70,868

0

0

0

Debt costs and discount amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Accretion of note discount

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,341

0

0

0

Deferred taxes

6,473

2,716

4,625

4,705

5,474

1,439

-267

-5,930

-8,845

299

397

1,604

6,961

14,443

11,102

7,006

7,853

4,305

3,250

2,524

-1,615

0

0

0

Excess income tax benefit related to share-based compensation plans

-

-

-

-

-

-

-

-

-

-

-

-

19,304

10,247

13,000

15,498

16,834

0

0

0

-

-

-

-

Loss on disposal of fixed assets

-1,813

-1,592

-1,254

-1,279

-1,121

-1,471

-1,672

-1,480

-1,863

-1,751

-1,944

-2,008

-1,533

-1,233

-1,015

-1,292

-1,411

-1,669

-2,018

-1,767

-1,771

0

0

0

Share-based compensation

6,857

7,130

7,140

6,859

7,422

7,681

8,481

9,241

8,916

8,169

7,280

6,531

5,828

6,184

5,485

4,920

4,109

2,938

3,330

2,487

2,212

0

0

0

Other, net

-1,070

-1,130

-708

-772

-1,049

-694

-1,029

-1,378

-881

-1,240

-1,036

-733

-1,467

-1,465

-1,436

-1,329

-1,135

-1,127

-1,484

-2,743

-2,222

0

0

0

Changes in assets and liabilities:
Inventories

7,162

4,890

2,416

1,277

-245

1,623

1,289

5,313

5,700

5,550

5,030

4,522

2,331

934

-882

-467

1,072

3,740

4,302

2,644

3,103

0

0

0

Prepaid expenses

2,162

840

5,015

2,187

1,661

2,267

4,266

2,808

3,224

2,983

3,107

2,856

2,874

1,734

1,147

2,325

2,262

1,147

741

943

892

0

0

0

Income tax receivable

451

-51

200

99

-2,987

1,316

-501

-228

-1,034

-5,819

25

352

1,755

3,260

-1,979

691

1,725

2,068

2,432

-511

-25

0

0

0

Other current assets

-5,320

-17,365

-12,797

-9,486

-4,705

13,324

9,671

11,968

13,361

10,671

7,499

-4,916

-6,032

-7,969

530

8,966

7,912

8,846

8,107

3,856

911

0

0

0

Other assets and deferred charges

1,017

3,278

2,747

2,652

2,523

1,125

510

-551

224

826

884

591

-487

-469

679

3,906

4,365

2,602

2,458

-39

-4

0

0

0

Accounts payable

2,026

11,032

7,928

1,837

11,122

-566

-6,785

-4,602

-4,071

-133

4,965

3,250

832

5,529

2,811

2,389

3,391

2,468

5,322

7,133

8,720

0

0

0

Accrued liabilities

47,896

44,740

32,820

27,591

21,329

19,566

19,490

22,340

22,394

20,664

23,256

17,218

14,431

14,219

14,532

13,955

13,780

17,415

15,859

6,764

14,869

0

0

0

Income taxes payable

-8,745

-2,398

-2,756

10,376

8,762

3,722

545

-7,669

345

7,944

17,570

24,706

19,299

10,701

12,516

23,463

17,961

16,556

11,779

2,410

497

0

0

0

Deferred occupancy costs

-

-

-

-

38,958

45,608

46,311

42,486

37,702

29,334

31,787

20,262

20,156

20,863

23,032

27,767

25,407

23,281

21,532

19,590

16,919

0

0

0

Other liabilities

4,305

3,163

3,005

3,299

3,130

1,776

1,246

1,025

2,529

1,927

1,915

1,494

1,467

1,145

913

1,810

1,037

1,033

1,404

535

765

0

0

0

Net cash provided by operating activities

288,946

318,405

309,395

324,410

337,616

300,609

291,477

267,804

264,672

257,842

267,725

250,488

231,329

239,944

223,213

211,933

186,983

171,591

161,744

85,666

86,715

0

0

0

Cash flows from investing activities:
Capital expenditures

228,091

225,429

217,537

222,144

216,286

233,368

236,768

235,572

219,901

199,571

195,555

188,174

180,577

175,293

169,668

164,176

162,892

156,901

148,317

136,942

129,688

0

0

0

Proceeds from sales of property and equipment

800

718

623

484

366

289

159

72

78

51

39

52

30

23

26

17

132

195

227

219

115

0

0

0

Net cash used in investing activities

-227,291

-212,706

-204,802

-209,548

-203,808

-232,972

-234,209

-232,300

-216,623

-176,058

-174,454

-167,060

-159,485

-174,470

-168,842

-162,939

-161,540

-155,486

-146,870

-136,723

-129,573

0

0

0

Cash flows from financing activities:
Proceeds from debt

406,000

440,000

381,000

281,000

265,000

269,000

531,000

558,000

509,000

460,000

162,000

107,000

97,000

0

0

0

-

-

-

-

-

-

-

-

Payments of debt

152,000

168,000

176,000

193,000

238,000

201,000

470,250

447,375

406,500

422,625

150,500

162,500

170,500

0

0

0

-

-

-

-

-

-

-

-

Repayments of Credit Facility

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Repurchase of common stock

297,317

360,365

288,192

185,228

149,125

128,002

114,707

148,156

151,913

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Repurchases of common stock to satisfy employee withholding tax obligations

595

595

586

586

673

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends paid

15,724

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from the exercise of stock options

1,051

989

2,512

3,450

3,350

0

0

0

-

-

-

-

4,360

3,462

4,511

5,384

6,300

0

0

0

-

-

-

-

Proceeds from issuance of treasury stock

-

-

-

-

-

-

-

-

1,642

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Excess income tax benefit related to share-based compensation plans

-

-

-

-

-

-

-

-

-

-

-

-

19,304

10,247

13,000

15,498

16,834

0

0

0

-

-

-

-

Net cash used in financing activities

-58,585

-104,536

-103,673

-111,423

-131,018

-63,178

-55,466

-38,535

-49,337

-81,250

-95,925

-91,606

-77,256

-70,079

-54,843

-110,951

-70,824

-55,722

-56,503

80,249

75,654

0

0

0

Increase (decrease) in cash and cash equivalents

3,070

1,163

920

3,439

2,790

4,459

1,802

-3,031

-1,288

534

-2,654

-8,178

-5,412

-4,605

-472

-61,957

-45,381

-39,617

-41,629

29,192

32,796

0

0

0

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

2,906

-5,158

-2,592

-8,706

-5,321

-2,213

45

3,361

3,420

-2,209

-1,940

3,449

11,610

16,987

6,852

6,257

4,444

-3,573

2,525

-43

-9,811

0

0

0

Cash paid for income taxes, net

27,245

27,889

26,976

13,372

13,464

23,294

31,010

42,974

43,072

33,046

30,597

28,443

28,213

27,617

20,364

8,735

8,009

9,035

10,250

5,135

4,937

0

0

0

Cash paid for interest, net

20,115

17,314

14,583

13,355

12,247

11,387

10,171

8,875

7,853

6,839

6,411

6,300

6,603

6,963

7,592

8,263

10,718

13,825

17,750

31,214

28,510

0

0

0