| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows provided by operating activities: | |||||||||||||||||||||||
Net (loss) income | |||||||||||||||||||||||
-268,829 | -281,745 | 48,005 | -30,289 | 98,374 | -2,440 | 28,048 | -1,163 | 184,957 | 10,084 | 24,982 | -4,683 | - | - | - | - | - | - | - | - | - | - | - | - |
Net income | |||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | 10,180 | 22,515 | -394 | 86,523 | -44,489 | -23,050 | -8,525 | 78,989 | -5,410 | 2,456 | -19,912 |
Adjustments to reconcile net (loss) income to net cash provided by operating activities: | |||||||||||||||||||||||
Depreciation and amortization expense | |||||||||||||||||||||||
18,736 | 19,155 | 21,884 | 21,341 | 20,789 | 16,974 | 20,255 | 20,557 | 22,649 | 20,694 | 21,124 | 20,701 | 22,444 | 20,015 | 20,282 | 20,889 | 20,948 | 19,766 | 19,650 | 20,151 | 21,895 | 20,144 | 19,879 | 20,972 |
Amortization of deferred financing costs and original issuance discounts | |||||||||||||||||||||||
1,211 | 1,222 | 1,146 | 1,143 | 1,155 | 7,068 | 1,210 | 1,556 | 1,238 | 1,240 | 1,226 | 1,233 | 1,997 | 1,277 | 1,270 | 1,274 | 1,291 | 24,774 | 11,377 | 3,074 | 3,173 | 3,175 | 3,053 | 6,209 |
Provision for doubtful accounts | |||||||||||||||||||||||
1,213 | 514 | 225 | 371 | 487 | 422 | -46 | 350 | 128 | 13 | 189 | 230 | 352 | 139 | 130 | 160 | 233 | -34 | -658 | 682 | 591 | 605 | 467 | 120 |
Deferred income tax (benefit) expense | |||||||||||||||||||||||
-20,908 | -15,679 | -1,396 | -9,383 | 3,498 | -368 | 1,265 | 178 | -105,872 | 1,508 | 840 | 873 | 2,468 | 1,413 | -47 | -433 | -184 | -3,334 | -2,918 | 258 | -7,577 | 190 | -2,897 | -3,474 |
Deferred rent | |||||||||||||||||||||||
- | - | - | - | 1,728 | 2,468 | 787 | 368 | 1,653 | 2,719 | 2,552 | 363 | 6,595 | 7,095 | 3,162 | 1,983 | 3,827 | 5,479 | 2,696 | 1,405 | - | - | - | - |
Change in operating lease liability/asset | |||||||||||||||||||||||
-13,419 | 1,955 | 41,099 | -19,693 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
(Gain) loss on disposal of assets | |||||||||||||||||||||||
698 | 1 | 59,181 | -94 | 20 | 1 | -2 | -22 | 58 | -5 | -531 | 3 | 0 | 3 | 0 | -17 | 105 | -101 | -71 | 2,660 | -5 | 10 | -1,817 | -498 |
Undistributed income in equity method investments | |||||||||||||||||||||||
277 | -7 | 4 | 198 | -211 | 279 | 90 | 211 | 102 | -134 | 942 | -716 | 66 | -113 | -120 | -147 | -185 | -342 | -126 | 91 | -710 | -374 | 111 | -583 |
Store impairment and restructuring charges | |||||||||||||||||||||||
- | 2,574 | 5,234 | 18,009 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Non-employee equity based compensation | |||||||||||||||||||||||
129 | 128 | 129 | 129 | -271 | -13 | 104 | 261 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Stock option expense | |||||||||||||||||||||||
169 | 409 | 371 | 370 | 252 | 550 | 482 | 460 | 1,457 | 630 | 824 | 2,398 | 1,024 | 948 | 933 | 948 | 948 | 970 | 728 | 396 | 396 | 396 | 395 | 396 |
Restricted stock units expense—time-based | |||||||||||||||||||||||
490 | 610 | 541 | 392 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Directors—non-cash compensation | |||||||||||||||||||||||
0 | 148 | 88 | 77 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Changes in operating assets and liabilities, net of effects of acquired businesses: | |||||||||||||||||||||||
(Increase) decrease in accounts receivable | |||||||||||||||||||||||
-21,112 | 30,300 | 1,434 | -8,022 | -22,371 | 41,593 | 2,452 | -11,243 | -26,523 | 46,193 | -598 | -20,225 | -40,678 | 65,302 | -1,098 | -17,628 | -56,902 | 75,122 | -11,277 | -13,811 | -40,288 | 61,826 | 2,714 | -17,050 |
Decrease (increase) in inventories | |||||||||||||||||||||||
-108,013 | 4,483 | 24,719 | 6,426 | -51,553 | 125,678 | 57,045 | 11,696 | -83,467 | 40,964 | 18,479 | -13,151 | -66,063 | 60,440 | 41,594 | 6,848 | -120,483 | 60,878 | 48,370 | -4,280 | -115,409 | 73,348 | 96,409 | 1,438 |
Decrease (increase) in prepaid expenses and other current assets | |||||||||||||||||||||||
-25,750 | 6,676 | -3,602 | 7,935 | -30,556 | 4,753 | 8,214 | 923 | -2,265 | 12,248 | -311 | -555 | -529 | 8,524 | 3,728 | 2,794 | -7,495 | 6,577 | 4,821 | 780 | -9,072 | 2,634 | -5,277 | 5,902 |
(Decrease) increase in accounts payable, accrued expenses and income taxes payable | |||||||||||||||||||||||
23,154 | -17,333 | 5,473 | -76,911 | -41,606 | 82,964 | 16,972 | -46,192 | 43,652 | 16,218 | 34,840 | -75,302 | 7,045 | 54,098 | 70,983 | -45,233 | -54,637 | 34,295 | 65,171 | -123,122 | -17,557 | 9,415 | 149,747 | -111,570 |
Net cash provided by operating activities | |||||||||||||||||||||||
225,972 | -76,366 | -5,026 | -100,887 | 188,047 | -63,183 | 2,182 | -25,190 | 261,704 | -46,139 | 71,861 | -19,543 | 234,305 | -38,991 | 75,124 | -12,656 | 244,761 | -104,707 | 31,279 | -91,121 | 249,148 | -103,815 | 84,833 | -93,779 |
Cash flows provided by (used in) investing activities: | |||||||||||||||||||||||
Cash paid in connection with acquisitions, net of cash acquired | |||||||||||||||||||||||
11,393 | 8,940 | 0 | 545 | 1,461 | 42,515 | 4,304 | 17,021 | 1,906 | 2,257 | 8,376 | 62,171 | 0 | 0 | 3,120 | 28,700 | 4,210 | 10,147 | 5 | 8,253 | 10,225 | 0 | 0 | 2,152 |
Capital expenditures | |||||||||||||||||||||||
15,964 | 14,671 | 18,705 | 12,393 | 20,170 | 21,085 | 26,500 | 17,906 | 19,054 | 17,062 | 19,430 | 11,424 | 24,624 | 21,590 | 16,199 | 19,535 | 16,793 | 30,143 | 19,174 | 12,715 | 25,297 | 19,889 | 19,399 | 13,656 |
Proceeds from disposal of property and equipment | |||||||||||||||||||||||
132,441 | 46 | 113,789 | 10 | 33 | 1 | 0 | 21 | 9 | 21 | 0 | 5 | 4 | 22 | 9 | 0 | 700 | 3 | 590 | 11 | 35 | 4 | 443 | 504 |
Net cash provided (used in) investing activities | |||||||||||||||||||||||
105,084 | -23,565 | 95,084 | -12,928 | -21,598 | -63,599 | -30,804 | -34,906 | -20,951 | -19,298 | -27,806 | -73,590 | -24,620 | -21,568 | -19,310 | -48,235 | -20,303 | -40,287 | -18,589 | -20,957 | -35,487 | -19,885 | -18,956 | -15,304 |
Cash flows (used in) provided by financing activities: | |||||||||||||||||||||||
Repayment of loans, notes payable and long-term obligations | |||||||||||||||||||||||
335,499 | -42,393 | 125,031 | 23,495 | 130,414 | 391,219 | -1,547 | 27,609 | 209,308 | -51,667 | 57,706 | 19,272 | 1,493,060 | -42,700 | 53,206 | 17,652 | 234,077 | 1,896,254 | 403,832 | 27,431 | 234,064 | -51,703 | 51,361 | 1,140,295 |
Proceeds from loans, notes payable and long-term obligations | |||||||||||||||||||||||
-37 | 45,941 | 43,180 | 114,260 | 15,203 | 524,591 | 24,923 | 87,370 | 250,942 | 1,010 | 40,924 | 87,216 | 1,301,774 | 22,658 | 7,244 | 68,041 | 0 | 2,065,500 | 0 | 133,100 | 39,031 | 69,431 | -385 | 1,241,120 |
Cash held in escrow in connection with acquisitions | |||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 3,832 | 0 | 0 | 0 | 0 |
Excess tax benefit from stock options | |||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | -8 | 459 | 15 | 52 | 298 | 0 | 0 | 0 | - | - | - | - |
Exercise of stock options | |||||||||||||||||||||||
3 | 57 | 0 | 1,088 | 1,391 | 396 | 190 | 292 | 511 | 720 | 3 | 64 | 92 | 903 | 56 | 322 | 0 | 30 | 0 | 0 | -1 | 19 | 257 | 805 |
Treasury stock purchases | |||||||||||||||||||||||
0 | 0 | 0 | 156 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Debt issuance and modification costs | |||||||||||||||||||||||
- | - | - | - | -49 | 10,287 | 0 | 56 | - | - | - | - | 86 | 0 | 0 | 44 | 472 | 11,248 | 0 | 0 | -1 | 180 | 45 | 148 |
Net cash (used in) provided by financing activities | |||||||||||||||||||||||
-335,536 | 88,323 | -82,194 | 91,697 | -153,968 | 123,481 | 26,660 | 59,997 | -244,588 | 53,397 | -16,779 | 68,008 | -191,288 | 66,720 | -45,891 | 50,719 | -234,251 | 157,932 | -6,577 | 101,837 | -194,451 | 120,973 | -51,534 | 101,482 |
Effect of exchange rate changes on cash and cash equivalents | |||||||||||||||||||||||
5,079 | -946 | -50 | 2,216 | -1,536 | 8 | -1,451 | 671 | 28 | 1,131 | 1,336 | 872 | -1,422 | -568 | -1,056 | 410 | -1,093 | -1,944 | 859 | -1,134 | -1,091 | -710 | -39 | 184 |
Net (decrease) increase in cash and cash equivalents and restricted cash | |||||||||||||||||||||||
599 | -12,554 | 7,814 | -19,902 | 10,945 | -3,293 | -3,413 | 572 | -3,807 | -10,909 | 28,612 | -24,253 | 16,975 | 5,593 | 8,867 | -9,762 | -10,886 | 10,994 | 6,972 | -11,375 | 18,119 | -3,437 | 14,304 | -7,417 |
Supplemental disclosure of cash flow information: | |||||||||||||||||||||||
Cash paid during the period: | |||||||||||||||||||||||
Interest | |||||||||||||||||||||||
10,817 | 40,241 | 15,021 | 42,482 | 17,101 | 27,882 | 20,709 | 28,780 | 15,300 | 26,101 | 9,538 | 25,232 | 15,088 | 28,228 | 16,136 | 26,731 | 16,091 | 49,614 | 18,962 | 58,791 | 12,698 | 58,064 | 10,879 | 63,991 |
Income taxes, net of refunds | |||||||||||||||||||||||
1,736 | 2,433 | 28,216 | 3,708 | 2,473 | 10,066 | 41,275 | 5,342 | 1,443 | 15,414 | 42,839 | 6,749 | 780 | 13,037 | 3,698 | 9,368 | 3,459 | 2,916 | 1,288 | 32,471 | -119 | -1,261 | 1,083 | 14,752 |