| Feb'19 | Feb'18 | Feb'17 | Feb'16 | Feb'15 | Feb'14 | Feb'13 |
|---|---|---|---|---|---|---|
Net Income | ||||||
2,238 | 2,963 | 3,450 | 3,806 | 3,742 | 3,134 | 1,350 |
Adjustments to reconcile net income to net cash provided by operating activities: | ||||||
Depreciation and amortization | ||||||
1,709 | 1,319 | 1,288 | 1,420 | 1,440 | 1,026 | 935 |
Provision for obsolete inventory | ||||||
325 | 166 | 138 | 76 | 58 | 44 | 60 |
Provision for loss on accounts and notes receivable | ||||||
155 | 225 | 100 | 171 | 214 | 216 | 330 |
Asset impairment and store closure losses | ||||||
67 | - | - | 2,319 | 225 | 65 | - |
Asset impairment and store closure losses | ||||||
- | - | - | - | - | - | -172 |
Loss on sale or disposal of property and equipment | ||||||
-36 | -38 | -37 | -90 | 46 | -21 | -1,994 |
Expense recorded for stock compensation | ||||||
519 | 591 | 584 | 763 | 865 | 660 | 535 |
Deferred income taxes | ||||||
-78 | 23 | 262 | -1,878 | -55 | 258 | - |
Deferred income taxes | ||||||
- | - | - | - | - | - | 1,144 |
Changes in operating assets and liabilities: | ||||||
Accounts receivable | ||||||
390 | 229 | 128 | -364 | -662 | 1,408 | 235 |
Refundable income taxes | ||||||
-157 | 295 | 47 | -172 | 12 | 160 | -724 |
Inventories | ||||||
-41 | 365 | 2 | -144 | 202 | -12 | -98 |
Other current assets | ||||||
8 | 54 | -29 | -24 | 16 | 63 | -18 |
Accounts payable | ||||||
-545 | 96 | -87 | -310 | -451 | -439 | 513 |
Accrued liabilities | ||||||
-84 | 242 | -293 | 154 | 325 | 915 | 1,065 |
Contract liabilities | ||||||
-129 | 33 | -9 | - | - | - | - |
Deferred income | ||||||
- | - | - | -531 | -880 | 1,381 | -58 |
Net cash provided by operating activities | ||||||
- | - | - | - | 5,871 | 5,663 | - |
Net cash provided by operating activities | ||||||
4,015 | 4,757 | 5,321 | 6,788 | - | - | 6,359 |
Cash Flows from Investing Activities | ||||||
Addition to notes receivable | ||||||
- | 14 | 133 | 46 | 179 | 784 | 285 |
Proceeds received on notes receivable | ||||||
102 | 230 | 318 | 368 | 488 | 344 | 113 |
Proceeds from sale or distribution of assets | ||||||
- | - | - | - | 530 | 2 | 888 |
Acquisitions, net of cash acquired and franchise rights | ||||||
- | - | - | - | - | - | 1 |
Purchase of intangible assets | ||||||
- | 8 | 312 | 83 | 0 | 5,677 | 800 |
Proceeds from sale or distribution of assets | ||||||
13 | -7 | 39 | 23 | - | - | - |
Purchases of property and equipment | ||||||
613 | 544 | 1,238 | 743 | 626 | 2,518 | 742 |
(Increase) decrease in other assets | ||||||
8 | -5 | -34 | 212 | 2 | 582 | 137 |
Net cash used in investing activities | ||||||
- | - | - | - | 210 | - | - |
Net cash used in investing activities | ||||||
-506 | -339 | -1,292 | -693 | - | -9,215 | -965 |
Proceeds from long-term debt | ||||||
- | - | - | - | - | 6,400 | - |
Cash Flows from Financing Activities | ||||||
Payments on long-term debt | ||||||
1,352 | 1,302 | 1,253 | 1,207 | 107 | 0 | - |
Repurchase of common stock | ||||||
- | - | 351 | 3,030 | 3,127 | 0 | 1,715 |
Issuance of common stock | ||||||
- | - | - | - | 69 | 195 | 82 |
Proceeds from issuance of common stock in subsidiary | ||||||
- | - | - | - | 892 | 107 | - |
Tax expense of stock option exercise | ||||||
- | - | -34 | 19 | 200 | - | - |
Tax benefit of stock awards | ||||||
- | - | - | - | - | 68 | 58 |
Dividends paid | ||||||
2,844 | 2,821 | 2,804 | 2,838 | 2,711 | 2,681 | 2,623 |
Net cash used in financing activities | ||||||
- | - | - | - | -4,784 | - | - |
Net cash used in financing activities | ||||||
-4,197 | -4,124 | -4,443 | -7,056 | - | 4,089 | -4,197 |
Net Decrease in Cash and Cash Equivalents | ||||||
-688 | 293 | -415 | -962 | 1,297 | 538 | 1,196 |