STITCH FIX, INC. SFIX Cash Flow

Stitch fix, inc. (SFIX)

CashFlow / TTM

Feb'20	Nov'19	Aug'19	Apr'19	Jan'19	Oct'18	Jul'18	Apr'18	Jan'18	Oct'17	Jul'17	Apr'17	Jan'17	Oct'16
Net income (loss)
25,480	26,025	36,881	47,986	50,425	42,090	44,900	22,109	3,059	-349	-594	0	0	0
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Deferred income taxes
-10,780	-9,102	-8,203	-3,019	-1,198	6,893	6,588	1,776	-383	-7,446	-6,728	0	0	0
Fair Value Adjustment of Warrants
-	-	-	-	-	-	-10,685	-7,311	5,547	8,307	18,881	0	0	0
Inventory reserves
5,952	8,212	7,974	793	-258	-745	1,916	2,503	7,441	5,882	3,591	0	0	0
Stock-based compensation expense
48,390	40,745	35,256	28,941	25,015	20,002	15,403	11,675	7,318	4,973	3,545	0	0	0
Depreciation, amortization, and accretion
18,222	15,808	14,331	13,195	12,110	11,447	10,542	9,773	9,158	8,464	7,655	0	0	0
Other
-219	-161	-148	-33	-24	-24	-155	-146	-138	-104	0	0	0	0
Change in operating assets and liabilities:
Inventory
49,891	49,898	41,233	28,676	22,815	18,380	19,416	23,731	35,434	40,441	26,375	0	0	0
Prepaid expenses and other assets
13,210	15,110	16,831	22,869	20,839	20,139	17,307	-9,120	-6,899	3,478	7,596	0	0	0
Operating lease right-of-use assets and liabilities
0	0	-	-	0	0	-	-	-	-	-	-	-	-
Accounts payable
-1,108	6,487	10,774	25,991	31,671	47,543	35,502	45,476	5,055	14,126	7,841	0	0	0
Accrued liabilities
20,421	14,666	22,856	13,052	9,610	3,823	-3,595	-14,564	7,318	13,571	17,748	0	0	0
Deferred revenue
-1,226	768	3,325	2,890	2,259	2,589	1,720	2,322	4,681	2,209	2,719	0	0	0
Gift card liability
-	612	-	-	-	1,602	1,624	1,611	1,366	1,922	1,993	0	0	0
Other liabilities
16,086	15,506	12,491	6,193	7,931	3,218	4,831	3,288	726	4,330	6,307	0	0	0
Net cash provided by operating activities
59,169	55,152	78,594	85,890	96,110	98,353	72,178	64,131	22,827	21,811	38,624	0	0	0
Purchases of property and equipment
30,368	31,342	30,825	29,056	20,236	19,370	16,565	15,350	13,995	15,832	17,130	0	0	0
Purchases of securities available-for-sale
229,136	183,645	285,205	233,151	185,994	169,095	0	0	0	0	-	-	-	-
Sales of securities available-for-sale
23,528	15,600	10,596	2,414	1,163	302	0	0	0	0	-	-	-	-
Maturities of securities available-for-sale
152,425	103,460	80,250	0	0	0	-	-	-	-	-	-	-	-
Net cash used in investing activities
-83,551	-95,927	-225,184	-238,293	-195,567	-188,163	-16,565	-15,350	-13,995	-15,863	-17,130	0	0	0
Proceeds from sale of property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	0
Proceeds from the exercise of stock options, net
17,420	12,211	13,693	13,594	7,309	7,940	6,384	3,148	2,430	2,584	2,346	0	0	0
Payments for tax withholding related to vesting of restricted stock units
9,723	7,597	6,748	0	0	0	-	-	-	-	-	-	-	-
Repurchase of Class B common stock related to early exercised options
-	-	-	-	-	-	39	0	0	0	-	-	-	-
Payment of deferred offering costs
-	-	-	-	-	-	-	-	-	0	-	-	-	-
Net cash provided by (used in) financing activities
7,697	4,614	6,945	9,050	4,432	135,555	134,795	129,936	129,620	-3,357	-3,028	0	0	0
Net increase (decrease) in cash, cash equivalents, and restricted cash
-16,685	-36,161	-139,645	-143,353	-95,025	45,745	190,408	178,717	138,452	2,591	18,466	0	0	0
Effect of exchange rate changes on cash
2,328	1,749	211	0	0	0	-	-	-	-	-	-	-	-
Supplemental Disclosure
Cash paid for income taxes
865	931	966	679	7,171	10,113	10,071	9,667	12,597	19,274	28,023	0	0	0
Supplemental Disclosure of Non-Cash Investing and Financing Activities:
Purchases of property and equipment included in accounts payable and accrued liabilities
5,005	5,779	5,272	4,070	4,756	-3	795	774	683	-3,170	111	0	0	0
Capitalized stock-based compensation
1,870	2,152	1,789	1,640	1,434	1,172	883	607	380	263	164	0	0	0
Vesting of early exercised options
31	119	209	651	710	763	988	728	859	977	891	0	0	0
Leasehold improvements paid by landlord
0	0	-	-	0	0	-	-	-	-	-	-	-	-
Deferred offering costs included in accrued liabilities
-	-	-	-	-	-	-	-	0	0	-	-	-	-