| 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 | |||||||||||||||||||||||
-532,858 | -165,655 | 113,650 | 93,693 | 122,819 | 209,402 | 221,926 | 218,860 | 215,340 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Net income | |||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | 118,824 | 64,155 | 18,590 | 10,459 | 2,925 | 42,004 | 67,510 | 56,123 | 0 | 0 | 0 |
Adjustments to reconcile net (loss) income to net cash provided by operating activities: | |||||||||||||||||||||||
Depreciation and amortization expense | |||||||||||||||||||||||
81,116 | 83,169 | 80,988 | 79,359 | 78,575 | 80,435 | 84,155 | 85,024 | 85,168 | 84,963 | 84,284 | 83,442 | 83,630 | 82,134 | 81,885 | 81,253 | 80,515 | 81,462 | 81,840 | 82,069 | 82,890 | 0 | 0 | 0 |
Amortization of deferred financing costs and original issuance discounts | |||||||||||||||||||||||
4,722 | 4,666 | 10,512 | 10,576 | 10,989 | 11,072 | 5,244 | 5,260 | 4,937 | 5,696 | 5,733 | 5,777 | 5,818 | 5,112 | 28,609 | 38,716 | 40,516 | 42,398 | 20,799 | 12,475 | 15,610 | 0 | 0 | 0 |
Provision for doubtful accounts | |||||||||||||||||||||||
2,323 | 1,597 | 1,505 | 1,234 | 1,213 | 854 | 445 | 680 | 560 | 784 | 910 | 851 | 781 | 662 | 489 | -299 | 223 | 581 | 1,220 | 2,345 | 1,783 | 0 | 0 | 0 |
Deferred income tax (benefit) expense | |||||||||||||||||||||||
-47,366 | -22,960 | -7,649 | -4,988 | 4,573 | -104,797 | -102,921 | -103,346 | -102,651 | 5,689 | 5,594 | 4,707 | 3,401 | 749 | -3,998 | -6,869 | -6,178 | -13,571 | -10,047 | -10,026 | -13,758 | 0 | 0 | 0 |
Deferred rent | |||||||||||||||||||||||
- | - | - | - | 5,351 | 5,276 | 5,527 | 7,292 | 7,287 | 12,229 | 16,605 | 17,215 | 18,835 | 16,067 | 14,451 | 13,985 | 13,407 | 0 | 0 | 0 | - | - | - | - |
Change in operating lease liability/asset | |||||||||||||||||||||||
9,942 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
(Gain) loss on disposal of assets | |||||||||||||||||||||||
59,786 | 59,108 | 59,108 | -75 | -3 | 35 | 29 | -500 | -475 | -533 | -525 | 6 | -14 | 91 | -13 | -84 | 2,593 | 2,483 | 2,594 | 848 | -2,310 | 0 | 0 | 0 |
Undistributed income in equity method investments | |||||||||||||||||||||||
472 | -16 | 270 | 356 | 369 | 682 | 269 | 1,121 | 194 | 158 | 179 | -883 | -314 | -565 | -794 | -800 | -562 | -1,087 | -1,119 | -882 | -1,556 | 0 | 0 | 0 |
Store impairment and restructuring charges | |||||||||||||||||||||||
- | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Non-employee equity based compensation | |||||||||||||||||||||||
515 | 115 | -26 | -51 | 81 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Stock option expense | |||||||||||||||||||||||
1,319 | 1,402 | 1,543 | 1,654 | 1,744 | 2,949 | 3,029 | 3,371 | 5,309 | 4,876 | 5,194 | 5,303 | 3,853 | 3,777 | 3,799 | 3,594 | 3,042 | 2,490 | 1,916 | 1,583 | 1,583 | 0 | 0 | 0 |
Restricted stock units expense—time-based | |||||||||||||||||||||||
2,033 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Directors—non-cash compensation | |||||||||||||||||||||||
313 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Changes in operating assets and liabilities, net of effects of acquired businesses: | |||||||||||||||||||||||
(Increase) decrease in accounts receivable | |||||||||||||||||||||||
2,600 | 1,341 | 12,634 | 13,652 | 10,431 | 6,279 | 10,879 | 7,829 | -1,153 | -15,308 | 3,801 | 3,301 | 5,898 | -10,326 | -506 | -10,685 | -6,868 | 9,746 | -3,550 | 10,441 | 7,202 | 0 | 0 | 0 |
Decrease (increase) in inventories | |||||||||||||||||||||||
-72,385 | -15,925 | 105,270 | 137,596 | 142,866 | 110,952 | 26,238 | -12,328 | -37,175 | -19,771 | -295 | 22,820 | 42,819 | -11,601 | -11,163 | -4,387 | -15,515 | -10,441 | 2,029 | 50,068 | 55,786 | 0 | 0 | 0 |
Decrease (increase) in prepaid expenses and other current assets | |||||||||||||||||||||||
-14,741 | -19,547 | -21,470 | -9,654 | -16,666 | 11,625 | 19,120 | 10,595 | 9,117 | 10,853 | 7,129 | 11,168 | 14,517 | 7,551 | 5,604 | 6,697 | 4,683 | 3,106 | -837 | -10,935 | -5,813 | 0 | 0 | 0 |
(Decrease) increase in accounts payable, accrued expenses and income taxes payable | |||||||||||||||||||||||
-65,617 | -130,377 | -30,080 | -18,581 | 12,138 | 97,396 | 30,650 | 48,518 | 19,408 | -17,199 | 20,681 | 56,824 | 86,893 | 25,211 | 5,408 | -404 | -78,293 | -41,213 | -66,093 | 18,483 | 30,035 | 0 | 0 | 0 |
Net cash provided by operating activities | |||||||||||||||||||||||
43,693 | 5,768 | 18,951 | 26,159 | 101,856 | 175,513 | 192,557 | 262,236 | 267,883 | 240,484 | 247,632 | 250,895 | 257,782 | 268,238 | 202,522 | 158,677 | 80,212 | 84,599 | 85,491 | 139,045 | 136,387 | 0 | 0 | 0 |
Cash flows provided by (used in) investing activities: | |||||||||||||||||||||||
Cash paid in connection with acquisitions, net of cash acquired | |||||||||||||||||||||||
20,878 | 10,946 | 44,521 | 48,825 | 65,301 | 65,746 | 25,488 | 29,560 | 74,710 | 72,804 | 70,547 | 65,291 | 31,820 | 36,030 | 46,177 | 43,062 | 22,615 | 28,630 | 18,483 | 18,478 | 12,377 | 0 | 0 | 0 |
Capital expenditures | |||||||||||||||||||||||
61,733 | 65,939 | 72,353 | 80,148 | 85,661 | 84,545 | 80,522 | 73,452 | 66,970 | 72,540 | 77,068 | 73,837 | 81,948 | 74,117 | 82,670 | 85,645 | 78,825 | 87,329 | 77,075 | 77,300 | 78,241 | 0 | 0 | 0 |
Proceeds from disposal of property and equipment | |||||||||||||||||||||||
246,286 | 113,878 | 113,833 | 44 | 55 | 31 | 51 | 51 | 35 | 30 | 31 | 40 | 35 | 731 | 712 | 1,293 | 1,304 | 639 | 640 | 493 | 986 | 0 | 0 | 0 |
Net cash provided (used in) investing activities | |||||||||||||||||||||||
163,675 | 36,993 | -3,041 | -128,929 | -150,907 | -150,260 | -105,959 | -102,961 | -141,645 | -145,314 | -147,584 | -139,088 | -113,733 | -109,416 | -128,135 | -127,414 | -100,136 | -115,320 | -94,918 | -95,285 | -89,632 | 0 | 0 | 0 |
Cash flows (used in) provided by financing activities: | |||||||||||||||||||||||
Repayment of loans, notes payable and long-term obligations | |||||||||||||||||||||||
441,632 | 236,547 | 670,159 | 543,581 | 547,695 | 626,589 | 183,703 | 242,956 | 234,619 | 1,518,371 | 1,527,338 | 1,522,838 | 1,521,218 | 262,235 | 2,201,189 | 2,551,815 | 2,561,594 | 2,561,581 | 613,624 | 261,153 | 1,374,017 | 0 | 0 | 0 |
Proceeds from loans, notes payable and long-term obligations | |||||||||||||||||||||||
203,344 | 218,584 | 697,234 | 678,977 | 652,087 | 887,826 | 364,245 | 380,246 | 380,092 | 1,430,924 | 1,452,572 | 1,418,892 | 1,399,717 | 97,943 | 2,140,785 | 2,133,541 | 2,198,600 | 2,237,631 | 241,562 | 241,177 | 1,349,197 | 0 | 0 | 0 |
Cash held in escrow in connection with acquisitions | |||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3,832 | 3,832 | 3,832 | 3,832 | 0 | 0 | 0 | 0 |
Excess tax benefit from stock options | |||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 518 | 824 | 365 | 350 | 298 | 0 | 0 | 0 | - | - | - | - |
Exercise of stock options | |||||||||||||||||||||||
1,148 | 2,536 | 2,875 | 3,065 | 2,269 | 1,389 | 1,713 | 1,526 | 1,298 | 879 | 1,062 | 1,115 | 1,373 | 1,281 | 408 | 352 | 30 | 29 | 18 | 275 | 1,080 | 0 | 0 | 0 |
Treasury stock purchases | |||||||||||||||||||||||
156 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Debt issuance and modification costs | |||||||||||||||||||||||
- | - | - | - | 10,294 | 0 | 0 | 0 | - | - | - | - | 130 | 516 | 11,764 | 11,764 | 11,720 | 11,247 | 179 | 224 | 372 | 0 | 0 | 0 |
Net cash (used in) provided by financing activities | |||||||||||||||||||||||
-237,710 | -56,142 | -20,984 | 87,870 | 56,170 | -34,450 | -104,534 | -147,973 | -139,962 | -86,662 | -73,339 | -102,451 | -119,740 | -162,703 | -71,491 | -32,177 | 18,941 | 58,741 | 21,782 | -23,175 | -23,530 | 0 | 0 | 0 |
Effect of exchange rate changes on cash and cash equivalents | |||||||||||||||||||||||
6,299 | -316 | 638 | -763 | -2,308 | -744 | 379 | 3,166 | 3,367 | 1,917 | 218 | -2,174 | -2,636 | -2,307 | -3,683 | -1,768 | -3,312 | -3,310 | -2,076 | -2,974 | -1,656 | 0 | 0 | 0 |
Net (decrease) increase in cash and cash equivalents and restricted cash | |||||||||||||||||||||||
-24,043 | -13,697 | -4,436 | -15,663 | 4,811 | -9,941 | -17,557 | 14,468 | -10,357 | 10,425 | 26,927 | 7,182 | 21,673 | -6,188 | -787 | -2,682 | -4,295 | 24,710 | 10,279 | 17,611 | 21,569 | 0 | 0 | 0 |
Supplemental disclosure of cash flow information: | |||||||||||||||||||||||
Cash paid during the period: | |||||||||||||||||||||||
Interest | |||||||||||||||||||||||
108,561 | 114,845 | 102,486 | 108,174 | 94,472 | 92,671 | 90,890 | 79,719 | 76,171 | 75,959 | 78,086 | 84,684 | 86,183 | 87,186 | 108,572 | 111,398 | 143,458 | 140,065 | 148,515 | 140,432 | 145,632 | 0 | 0 | 0 |
Income taxes, net of refunds | |||||||||||||||||||||||
36,093 | 36,830 | 44,463 | 57,522 | 59,156 | 58,126 | 63,474 | 65,038 | 66,445 | 65,782 | 63,405 | 24,264 | 26,883 | 29,562 | 19,441 | 17,031 | 40,134 | 36,556 | 32,379 | 32,174 | 14,455 | 0 | 0 | 0 |