The childrens place, inc. (PLCE)
CashFlow / Quarterly
Feb'20Nov'19Aug'19May'19Feb'19Oct'18Jul'18May'18Feb'18Oct'17Jul'17Apr'17Jan'17Oct'16Jul'16Apr'16Jan'16Oct'15Jul'15Apr'15Jan'15Oct'14Jul'14Apr'14Jan'14Oct'13Jul'13Apr'13Jan'13Oct'12Jul'12Apr'12Jan'12Oct'11Jul'11Apr'11Jan'11Oct'10Jul'10Apr'10
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

24,240

43,048

1,522

4,490

12,023

49,914

7,486

31,537

-9,898

44,077

14,290

36,229

34,196

44,166

-2,011

25,985

17,473

38,499

-13,695

15,607

17,037

36,942

-10,687

13,596

15,651

41,739

-23,636

19,272

19,128

37,305

-17,924

24,734

21,346

33,692

-9,777

29,084

28,319

31,309

-8,233

27,902

Less (loss) from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-544

151

35

-105

Income (loss) from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

28,863

31,158

-8,268

28,007

Reconciliation of income from continuing operations to net cash provided by operating activities:
Depreciation and amortization

18,911

18,821

18,472

18,584

17,479

17,404

16,595

17,406

19,699

16,789

15,979

15,692

16,796

16,586

15,891

16,461

16,903

16,136

15,252

14,394

15,542

15,168

15,557

14,227

15,968

16,473

15,593

16,824

19,712

23,023

17,482

17,218

19,851

18,493

18,478

17,751

18,078

17,738

18,199

17,625

Stock-based compensation

2,597

2,349

3,514

7,759

6,722

4,476

7,420

8,797

8,236

8,081

6,821

7,659

7,136

8,273

6,087

6,544

8,663

4,282

4,306

3,868

4,729

4,681

5,311

3,062

4,719

5,541

5,518

5,432

3,847

3,449

3,960

2,997

397

2,944

3,202

2,743

-40

877

3,361

3,847

Excess tax benefits from stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

157

101

462

1,008

599

-24

270

794

0

-16

-5

289

137

37

23

14

4,850

91

0

0

-7,827

426

0

6,869

-

-

-

-

Deferred taxes

4,619

-1,387

-1,027

3,159

-5,324

-4,275

1,458

2,573

38,548

-4,588

3,966

-3,032

-917

2,006

-5,119

-5,349

16,920

-4,628

742

-868

14,931

-4,132

-2,414

-2,758

8,603

316

-10,620

-1,851

4,480

-2,831

-1,434

1,758

3,902

-835

-3,334

2,536

8,430

10,211

-6,190

11,723

Deferred rent expense and lease incentives

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,650

-2,808

-

-2,287

-2,281

-2,655

-1,934

-2,141

-2,260

-2,554

-3,206

-2,874

-3,098

-2,821

4,301

-3,277

-3,028

-3,343

-3,684

-3,819

-3,864

-3,525

-3,853

-21,124

4,266

4,088

Other

54

-369

475

69

68

447

93

91

-103

291

-109

90

133

154

308

224

311

281

434

190

497

921

335

455

1,361

789

2,173

2,568

-5,808

244

2,182

2,785

-1,178

230

1,277

1,146

465

1,010

1,541

1,075

Changes in operating assets and liabilities:
Inventories

-62,903

3,633

44,484

38,323

-73,271

10,740

32,081

11,070

-40,122

53,674

51,061

-28,179

-39,555

29,655

47,299

-21,327

-56,784

13,254

35,227

-17,818

-41,490

4,574

34,520

-18,626

-12,662

11,591

75,341

-15,329

-29,480

30,452

45,779

-17,923

-47,742

13,532

51,512

-19,106

-29,942

18,315

32,217

-25,240

Prepaid expenses and other assets

-5,761

830

5,591

-3,394

-4,890

-22,529

22,871

980

-5,673

5,770

442

-221

-1,640

-1,978

7,471

-1,348

-4,493

5,872

4,608

-2,830

3,522

-11,096

13,841

1

-819

-3,441

5,933

4,366

-9,939

3,779

5,392

1,899

-7,490

2,172

134

4,378

-2,604

3,318

2,556

-904

Income taxes payable, net of prepayments

-2,314

14,178

-335

-2,955

-1,290

16,110

-6,073

-16,436

14,916

20,483

-36,693

8,159

-9,604

16,314

2,143

16,256

-11,911

19,949

-12,102

5,910

-18,209

17,344

-6,725

249

-19,343

17,849

-3,797

8,732

-8,426

18,300

-3,446

9,211

-21,206

13,215

-8,964

13,865

353

3,524

-1,250

453

Accounts payable and other current liabilities

-46,139

4,340

30,602

28,699

-57,388

-10,759

51,537

-40,283

-37,199

30,302

94,053

-58,226

-7,686

-5,995

84,477

-51,807

-18,502

-17,522

74,389

-42,405

16,841

-25,376

55,098

-40,514

30,813

-41,339

101,721

-17,586

-8,057

38,528

40,257

-7,451

-17,721

-2,789

42,688

-22,795

-46,908

24,342

23,599

-14,630

Deferred rent and other liabilities

-35,243

-38,115

-38,964

-43,142

566

-1,258

-7,238

119

-2,448

-2,708

-2,553

-6,244

-3,102

-9,209

168

1,122

-5,643

8,433

-1,687

-499

658

1,360

880

62

-1,484

4,714

1,970

-3,656

-2,393

1,958

4,216

4,001

-4,464

2,122

2,279

8,531

1,520

6,010

3,215

1,604

Total adjustments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,461

40,400

-2,211

-

17,669

20,471

-9,435

58,642

-6,718

49,929

18,591

42,440

45,611

10,548

43,200

40,100

13,431

116

28,111

9,899

37,663

3,436

43,753

Net cash provided by operating activities

77,336

77,271

2,110

21,185

56,436

72,167

24,056

-12,745

84,438

58,496

42,238

29,211

73,742

50,367

46,888

28,295

97,589

44,960

26,705

13,396

92,854

54,611

9,784

4,161

74,293

35,021

26,293

37,863

61,568

82,916

-7,376

67,934

61,446

47,123

-9,661

57,195

38,762

68,821

-4,832

71,760

CASH FLOWS FROM INVESTING ACTIVITIES:
Payments to Acquire Productive Assets

15,106

20,556

10,831

11,009

15,610

27,658

16,781

11,065

20,775

14,726

9,864

13,292

8,201

10,447

8,952

7,084

8,176

13,820

10,086

10,063

27,575

13,862

14,873

15,902

15,448

18,488

16,569

22,101

18,802

27,143

22,225

22,012

15,884

17,155

22,190

24,535

20,640

16,347

23,044

23,914

Payments to Acquire Short-term Investments

-

-

-

-

-

-

-

-

0

-40,800

0

55,800

-25,800

0

45,100

30,000

28,800

11,300

23,300

36,280

23,000

29,000

10,000

19,000

135,000

-72,500

35,000

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from Sale of Short-term Investments

0

0

0

0

0

0

0

15,000

0

0

0

49,300

0

0

28,801

11,299

23,300

36,280

23,000

29,000

10,000

19,000

45,000

17,500

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Release of restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-2,351

-

-

-

-

Purchase of company-owned life insurance policies

119

150

145

-517

132

148

136

333

152

118

120

398

98

119

102

49

16

377

-17

3

12

-5

-6

-6

-401

-15

-1

11

2

8

-34

62

1

49

47

149

108

104

118

43

Net cash used in investing activities

-15,225

-21,657

-10,976

-86,492

-15,742

-27,806

-16,917

3,602

-20,927

25,956

-9,984

-20,190

17,501

-10,566

-25,353

-25,834

-13,692

10,783

-10,369

-17,346

-40,587

-23,857

20,133

-17,396

-25,047

-35,973

-36,568

-22,112

-33,804

-27,151

-22,191

-22,074

-15,885

-17,204

-22,237

-22,333

-20,748

-16,451

-23,162

-23,957

CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings under revolving credit facilities

250,058

231,224

213,478

306,279

233,710

141,826

184,930

301,340

90,526

147,608

185,852

154,200

57,133

216,467

145,441

134,374

78,356

163,407

137,087

178,006

54,577

120,308

122,549

22,796

3,752

43,521

40,805

36,211

38,825

41,883

25,792

28,365

27,722

33,277

22,779

33,485

37,735

43,816

37,533

37,628

Repayments under revolving credit facilities

263,429

243,397

170,198

202,068

249,849

166,160

142,395

276,000

125,466

145,708

158,751

142,181

107,353

194,727

126,581

109,374

112,707

158,640

118,689

166,820

73,677

127,738

96,019

22,796

3,752

43,521

40,805

36,211

38,825

41,883

25,792

28,365

27,722

33,277

22,779

33,485

37,735

43,816

37,533

37,628

Purchase and retirement of common stock, including transaction costs

37,630

33,377

27,067

33,319

40,470

25,551

25,274

162,248

33,194

28,005

24,570

32,810

39,315

33,801

38,543

46,150

38,278

19,240

22,162

41,213

16,164

17,780

14,604

27,581

10,984

6,927

23,716

24,203

41,290

12,843

15,629

19,258

16,431

27,889

28,129

19,308

-

-

-

-

Payments of Ordinary Dividends, Common Stock

8,448

8,681

8,869

8,930

8,103

8,221

8,309

8,409

6,956

7,054

7,089

7,002

3,582

3,647

3,753

3,803

2,985

3,033

9,329

-3,130

20,175

-2,854

-2,892

-2,938

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Exercise of stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

438

0

2

0

53

65

6

239

1,169

1

1,188

949

47

2,356

1,736

300

2,433

3,668

1,435

1,429

5,391

Excess tax benefits from stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

157

101

462

1,008

599

-24

270

794

0

-16

-5

289

137

37

23

14

4,850

91

0

0

-6,763

426

0

6,869

-

-

-

-

Deferred financing costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

306

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) financing activities

-59,449

-54,231

7,344

61,962

-64,712

-58,106

8,952

-145,317

-75,090

-33,159

-4,558

-27,793

-92,960

-15,607

-22,536

-23,945

-75,015

-17,850

-6,563

-31,925

-38,071

-28,078

9,029

-30,483

-10,782

-6,884

-23,454

-23,020

-36,802

-11,564

-14,680

-19,211

-20,838

-26,355

-27,829

-10,006

-5,911

-78,532

1,044

5,391

Effect of exchange rate changes on cash

-234

-681

768

320

204

290

193

62

-1,645

4,118

-992

691

3,183

-2,780

-2,971

8,751

-5,271

277

-5,302

3,866

-11,692

-2,838

571

1,153

-6,213

-93

-2,856

-599

65

279

-1,958

1,522

-689

-2,446

-1,117

3,834

1,028

655

-526

1,935

Net increase (decrease) in cash and cash equivalents

2,428

702

-754

-3,025

-23,814

-13,455

16,284

-154,398

-13,224

55,411

26,704

-18,081

1,466

21,414

-3,972

-12,733

3,611

38,170

4,471

-32,009

2,504

-162

39,517

-42,565

32,251

-7,929

-36,585

-7,868

-8,973

44,480

-46,205

28,171

24,034

1,118

-60,844

28,690

13,131

-25,507

-27,476

55,129

OTHER CASH FLOW INFORMATION:
Net cash paid during the year for income taxes

-1,236

-745

-708

1,379

-4,944

-1,924

-7,089

-5,572

-7,470

-4,309

-21,104

-4,884

-25,464

-2,396

-1,107

-2,525

-3,807

-3,359

-4,299

-2,422

-5,496

-5,450

-3,359

-9,293

-18,458

-1,262

-2,563

-2,543

-11,938

-796

4,014

-1,310

-19,844

-8,496

-6,223

-2,694

-6,424

-4,450

-2,296

-6,970

Cash paid during the year for interest

-13,786

3,625

1,071

1,537

-5,501

886

796

595

-3,516

449

677

441

-2,979

505

471

323

-2,519

397

1,066

-343

-260

-262

-267

-147

-116

-124

-160

-99

-189

-165

-165

-185

-214

-278

-412

-369

-382

-837

30

-406

Payments for (Proceeds from) Productive Assets

2,650

-1,156

-1,660

2,019

2,262

3,552

-8,170

-1,042

5,971

-10,035

-989

4,596

-1,323

-1,430

-2,275

1,713

-1,789

981

-2,114

3,384

445

-7,330

670

2,604

7,138

-2,041

540

287

4,607

-1,463

1,112

-2,432

-2,464

1,988

-1,993

1,055

-310

-1,272

556

3,896