Sprouts farmers market, inc. (SFM)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jul'18Apr'18Dec'17Sep'17Jun'17Mar'17Jan'17Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13
Cash flows from operating activities
Net income

185,047

149,629

130,698

141,938

148,304

158,536

185,532

179,518

178,777

158,440

135,746

128,145

124,386

124,306

135,517

143,618

137,731

128,991

118,518

112,597

111,426

107,692

99,229

84,625

66,942

51,326

0

0

0

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization expense

124,331

122,804

120,336

117,131

113,933

110,749

108,071

104,674

101,254

96,987

91,601

88,052

84,513

80,723

78,501

75,166

72,148

69,169

70,441

67,107

63,189

60,362

52,943

50,649

49,179

47,217

0

0

0

Operating lease asset amortization

84,326

81,842

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Store closure costs and other credits

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accretion of asset retirement obligation and closed store reserve

-

-

-

-

-

-

-

-

-

-

0

0

248

-

330

342

345

344

340

939

883

844

993

334

325

322

0

0

0

Amortization of financing fees and debt issuance costs

-

-

-

-

-

-

-

-

-

-

463

463

463

463

472

472

519

742

959

1,210

1,439

1,494

1,593

1,788

2,156

2,482

0

0

0

Loss on disposal of property and equipment

-

-

-

-

-

-

-

-

-

-

-1,033

-738

-601

-439

-481

-1,164

-1,123

-1,512

-1,306

-498

-632

-1,087

-1,050

-1,435

-1,157

-449

0

0

0

Share-based compensation

8,899

8,949

9,740

10,073

12,994

14,512

15,569

16,612

15,743

14,221

13,402

13,313

13,189

13,399

13,564

11,909

9,532

8,018

5,937

4,794

5,090

5,355

5,689

6,110

6,138

5,780

0

0

0

Deferred income taxes

-6,201

-216

-6,685

16,474

18,921

23,333

14,331

7,314

9,554

7,803

23,789

25,112

22,131

20,663

32,545

27,551

21,334

15,581

6,520

7,027

11,626

16,432

3,724

10,686

9,260

13,731

0

0

0

Other non-cash items

-3,398

-4,136

2,672

-614

-997

-1,482

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Accounts receivable

-45,467

-36,062

-31,611

-15,666

2,462

7,666

16,879

11,980

7,090

4,920

1,807

3,712

10,228

4,803

-4,192

-2,267

-11,911

5,622

10,920

7,438

15,116

4,424

5,454

2,589

3,051

1,521

0

0

0

Inventories

-4,675

11,612

32,669

18,898

18,255

34,824

30,830

32,161

35,344

25,079

26,998

29,239

31,715

39,030

33,429

30,986

23,800

22,641

21,685

23,524

27,299

24,537

25,340

25,513

19,155

19,875

0

0

0

Prepaid expenses and other current assets

-11,300

-19,208

-8,471

11,240

1,517

2,908

12,757

2,496

3,518

2,733

1,103

3,464

4,478

-1,419

13,229

10,928

3,397

12,042

4,769

6,431

8,539

3,127

-7,631

-864

3,373

3,738

0

0

0

Other assets

-467

1,275

1,903

-1,208

5,102

5,086

3,357

4,409

1,157

114

-13,796

-15,529

-17,867

-13,018

1,517

-707

-950

481

127

10,670

10,778

5,157

5,713

4,913

5,115

4,114

0

0

0

Accounts payable and other accrued liabilities

-

-

-

-

-

4,366

6,527

24,627

26,334

39,244

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable

0

-

-

-

0

-

-

-

-

-

-

-

-

-

0

0

5,491

-

16,826

-12,206

1,833

-4,721

-718

37,625

29,397

31,996

0

0

0

Accrued liabilities

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued salaries and benefits

12,913

295

1,115

3,905

5,400

3,039

2,274

3,559

2,411

12,764

15,461

6,231

5,568

2,142

2,322

6,686

1,017

1,030

-2,225

-1,153

2,976

7,400

4,733

4,153

4,227

890

0

0

0

Accrued income tax

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities

-97,477

-88,002

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other accrued liabilities and income taxes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

10,538

-

2,242

5,753

12,268

8,426

11,172

10,930

4,242

5,397

0

0

0

Other long-term liabilities

3,182

578

7,376

10,472

19,890

24,731

15,551

13,229

10,192

10,868

15,182

15,467

15,723

19,494

17,296

19,223

18,838

23,034

20,264

19,247

22,368

13,054

15,474

15,207

12,607

11,752

0

0

0

Cash flows from operating activities

519,677

355,210

382,225

372,456

302,497

294,379

286,064

300,792

299,517

309,567

317,283

286,294

270,941

254,351

256,844

266,898

269,761

239,898

209,008

164,269

173,036

181,218

169,183

201,928

173,430

160,588

0

0

0

Cash flows from investing activities
Purchases of property and equipment

181,126

183,232

175,131

166,562

163,067

177,083

188,597

184,806

185,577

198,624

196,906

213,690

204,223

181,018

170,494

135,853

125,558

125,313

128,356

143,813

142,580

127,065

108,785

93,580

78,274

87,463

0

0

0

Proceeds from sale of property and equipment

-

-

-

-

-

-

-

-

-

30

74

74

74

706

0

0

0

-

-

-

-

294

0

0

0

-

-

-

-

Purchase of leasehold interests

-

-

-

-

-

-

-

-

-

-

-

-

-

491

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of intangible assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

172

0

0

0

Cash flows used in investing activities

-181,126

-183,232

-175,130

-166,561

-163,066

-177,082

-188,597

-184,806

-185,577

-198,594

-196,832

-213,616

-204,502

-180,803

-173,371

-138,683

-128,033

-128,312

-128,145

-143,532

-142,237

-126,671

-107,555

-92,467

-77,190

-86,291

0

0

0

Cash flows from financing activities
Proceeds from revolving credit facilities

-

265,405

240,405

215,860

282,734

233,000

199,000

208,000

133,000

153,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments on revolving credit facilities

224,671

180,405

160,405

158,860

150,734

128,000

113,000

60,000

50,000

60,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments on term loan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

261,250

263,000

314,750

57,000

57,000

97,000

385,250

786,550

786,850

0

0

0

Payments on capital and financing lease obligations

658

690

1,704

2,707

3,664

4,517

4,488

4,259

4,138

4,192

4,273

4,302

4,379

4,364

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Payments on capital lease obligations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

651

657

615

585

503

413

423

412

0

0

0

Payments on financing lease obligations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,395

3,283

3,116

3,006

2,950

2,893

2,156

2,868

0

0

0

Payments of deferred financing costs

-

-

-

-

-

2,131

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash from landlord related to capital and financing lease obligations

-

-

-

-

-

3,643

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash from landlords related to financing lease obligations

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

577

9,215

6,039

6,141

4,581

0

0

0

Repurchase of common stock

-

176,310

228,310

243,617

287,192

258,307

204,699

261,392

206,392

203,392

298,429

290,000

314,957

294,265

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of stock options

3,200

4,900

5,200

19,200

16,623

21,800

23,760

10,068

13,885

9,300

6,764

6,619

3,099

2,740

2,815

2,400

5,073

6,565

9,828

12,499

13,926

11,067

0

0

0

-

-

0

0

Excess tax benefit for exercise of stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

3,737

4,373

4,408

11,373

20,009

31,804

40,335

44,677

47,261

0

0

0

-

-

-

-

Other

-

-319

-320

-319

-319

-59

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash flows used in financing activities

-110,866

-87,441

-143,529

-168,886

-139,805

-134,528

-98,528

-107,626

-113,910

-103,959

-151,849

-136,308

-190,763

-197,152

-165,183

-147,029

-173,797

-106,030

-67,310

-107,752

-2,128

-1,686

-34,916

9,184

-47,987

-63,856

0

0

0

Increase in cash, cash equivalents, and restricted cash

227,685

84,537

63,566

37,009

-374

-17,231

-1,061

8,360

30

7,014

-31,398

-63,630

-124,324

-123,604

-81,710

-18,814

-32,069

5,556

13,553

-87,015

28,671

52,861

26,712

118,645

48,253

10,441

0

0

0

Supplemental disclosure of cash flow information
Cash paid for interest

20,152

20,293

22,514

25,599

26,052

27,086

25,491

23,613

22,404

20,759

18,647

16,678

15,256

14,537

14,223

14,177

15,607

17,455

19,778

22,160

23,270

23,768

24,726

25,921

34,543

38,091

0

0

0

Cash paid for income taxes

44,601

44,637

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

40,656

39,343

26,777

8,498

8,250

3,982

615

1,227

1,276

0

0

0

Leased assets obtained in exchange for new operating lease liabilities

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash refunded for income taxes

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Supplemental disclosure of non-cash investing and financing activities
Property and equipment in accounts payable

3,897

18,515

14,962

12,136

15,550

12,001

19,828

29,470

6,899

17,869

16,785

7,403

36,129

23,228

24,974

35,717

18,186

16,196

12,978

4,686

13,346

13,993

13,697

14,626

22,002

7,873

0

0

0

Property acquired through capital and financing lease obligations

-

-

-

-

-

9,081

27,281

21,560

25,734

23,882

1,520

9,451

5,755

4,332

0

0

0

-

-

-

-

34,140

8,787

5,337

8,797

10,660

0

0

0