Smart & Final Stores, Inc. SFS Cash Flow

Smart & final stores, inc. (SFS)

CashFlow / TTM

Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	May'15	Mar'15	Mar'14
Operating activities
Net loss
-111,738	-112,155	-136,889	-141,943	-141,416	-141,416	-138,914	0	0	0	-	-	-	-	-	-	-	-	-
Net (loss) income
-	-	-	-	-	-	-	-	-	-	-	-	28,509	31,741	38,262	0	0	0	0
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation
57,537	58,703	59,016	60,207	59,686	59,686	58,589	57,490	55,622	53,979	51,385	48,024	43,712	40,718	38,585	0	0	0	0
Amortization
42,111	40,825	40,554	40,585	40,295	40,295	39,783	40,058	38,603	37,185	35,630	33,587	32,057	31,081	30,181	0	0	0	0
Amortization of debt discount and debt issuance costs
2,053	2,040	2,024	1,935	1,922	1,922	1,908	1,956	2,122	2,317	2,511	2,706	2,767	2,764	2,780	0	0	0	0
Share-based compensation
11,768	12,350	13,113	13,698	13,031	13,031	11,560	11,059	10,689	10,110	9,803	9,170	8,518	9,126	10,003	0	0	0	-
Excess tax benefits related to share-based payments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	358	0	0	0	-
Deferred income taxes
0	-	0	0	-20,824	0	-	-1,367	-134	-739	-1,469	1,275	4,392	3,762	3,325	0	0	0	-
Equity in earnings of joint venture
1,949	2,093	1,948	1,659	1,333	1,333	923	871	1,011	1,248	1,525	1,563	1,199	1,307	1,378	0	0	0	0
Loss (gain) on disposal of property, plant, and equipment
-784	-667	-558	96	104	104	51	-198	-231	-225	-282	-32	-51	-41	40	0	0	0	0
Asset impairment
18,012	19,115	3,548	2,868	2,896	2,896	1,796	1,963	1,692	1,520	1,323	1,641	1,081	1,110	1,413	0	0	0	0
Changes in operating assets and liabilities:
Accounts receivable, net
8,219	3,752	4,048	-1,019	2,199	2,199	2,988	3,584	4,610	2,464	2,726	7,722	7,011	5,356	3,637	0	0	0	0
Inventories
-838	12,226	20,636	18,429	21,042	21,042	10,994	15,853	20,678	31,448	44,429	23,256	31,325	24,159	10,885	0	0	0	0
Prepaid expenses and other assets
-25,297	-26,323	3,327	-2,307	-19,449	-19,449	-405	1,089	7,661	29,268	23,962	23,291	13,743	16,481	1,202	0	0	0	0
Operating lease assets
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable
-11,237	-5,341	11,082	-8,967	3,916	3,916	19,782	19,205	18,422	31,342	31,078	13,744	32,075	20,363	9,252	0	0	0	0
Accrued salaries and wages
6,333	541	-946	-817	-370	-370	4,283	-367	1,567	1,236	-1,926	6,757	6,749	-316	5,277	0	0	0	0
Operating lease liabilities
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other accrued liabilities
-335	9,906	26,694	27,513	32,017	32,017	25,087	22,162	21,869	17,665	22,423	27,691	28,490	24,599	21,621	0	0	0	0
Net cash provided by operating activities
135,073	141,217	150,912	139,674	166,379	166,379	169,495	0	0	0	-	-	-	-	-	-	-	-	-
Investing activities
Net cash provided by operating activities
-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0	0
Purchases of property, plant, and equipment
112,902	116,172	138,160	145,014	150,255	150,255	149,347	141,926	140,343	144,396	148,043	144,908	143,734	138,035	132,738	0	0	0	0
Proceeds from disposal of property, plant, and equipment
3,552	3,448	41	84	106	106	1,858	3,672	3,663	3,664	2,265	444	422	3,601	8,104	0	0	0	0
Assets acquired in Haggen Transaction
-	-	-	-	-	-	-	-	-	-	-2,257	0	0	0	-	-	-	-	-
Investment in capitalized software
19,114	18,738	15,657	14,592	13,315	13,315	14,316	10,946	8,644	7,021	3,193	3,763	2,976	3,498	4,265	0	0	0	0
Other
193	45	434	357	746	746	782	497	2,203	1,870	2,024	2,131	252	226	1,277	0	0	0	0
Net cash used in investing activities
-128,657	-131,507	-154,210	-159,879	-164,210	-164,210	-162,587	0	0	0	-	-	-	-	-	-	-	-	-
Financing activities
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0	0
Proceeds from exercise of stock options
3,092	3,401	2,333	2,032	2,229	2,229	4,228	4,970	6,510	6,856	4,667	4,000	2,395	758	719	0	0	0	-
Payment of minimum withholding taxes on net share settlement of share-based compensation awards
645	665	669	665	1,809	1,809	1,850	1,843	2,087	684	669	0	0	0	-	-	-	-	-
Fees paid in conjunction with debt financing
274	274	271	259	245	245	245	280	8,490	8,500	8,500	8,473	264	1,335	1,335	0	0	0	0
Borrowings on bank line of credit
78,000	69,000	72,000	92,000	87,000	87,000	88,000	90,000	95,000	100,000	97,000	0	0	0	-	-	-	-	-
Payments on bank line of credit
112,000	120,000	107,000	84,000	88,000	88,000	71,000	0	0	0	-	-	-	-	-	-	-	-	-
Principal payments on finance leases
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash received from landlord related to financing lease obligations
-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash received from landlords related to financing lease obligations
-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments on bank debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Payments of public offering issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	214	0	0	0	-
Excess tax benefits related to share- based payments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	358	0	0	0	-
Stock repurchases
-	-	-	-	-	-	12,873	18,399	34,414	36,527	33,524	0	0	0	-	-	-	-	-
Net cash provided by (used in) financing activities
-4,334	-14,164	4,582	21,194	3,236	3,236	10,528	0	0	0	-	-	-	-	-	-	-	-	-
Net decrease in cash and cash equivalents
0	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (decrease) increase in cash and cash equivalents
-	-	-	0	5,405	-	-	-	0	0	-	-	-	-	-	-	-	-	-
Contingent consideration related to acquisition of Smart & Final Holdings Corp
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Net cash (used in) provided by financing activities
-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0	0
Net increase in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0	0
Cash paid during the period for:
Interest
44,938	39,334	36,937	39,366	32,733	32,733	33,957	34,175	33,295	31,854	29,750	28,821	25,486	29,486	29,462	0	0	0	0
Income taxes
-	-	-	-	-	-	-	-	-	-	10,448	21,591	22,183	22,963	23,729	0	0	0	-
Non-cash investing and financing activities
Software development costs incurred but not paid
1,423	2,029	4,574	5,062	3,168	3,168	1,397	314	-126	289	24	0	0	0	-	-	0	0	0
Construction in progress costs incurred but not paid
10,616	12,752	11,252	29,663	22,185	22,185	18,834	24,468	8,162	9,947	12,070	6,082	10,023	6,247	8,534	0	0	0	0
Property acquired through financing lease obligations
-	18,030	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-