SLEEP NUMBER CORPORATION SNBR Cash Flow

Sleep number corporation (SNBR)

CashFlow / Quarterly

Mar'20	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	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11
Cash flows from operating activities:
Net income
39,140	24,093	28,054	4,280	25,418	26,990	18,257	3,744	20,548	15,791	25,603	-778	24,461	11,287	25,745	1,416	12,969	-21,172	31,854	11,038	28,799	18,947	23,554	8,481	16,992	6,425	20,259	9,926	23,471	12,495	26,209	16,973	22,417	15,370	17,236	11,289	16,583
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
15,371	15,599	15,080	15,444	15,743	15,311	15,566	15,409	15,680	15,291	14,823	14,972	16,205	14,617	14,595	14,106	13,854	13,936	11,791	11,120	10,783	10,230	10,366	10,037	9,176	8,612	8,046	7,492	6,661	5,990	5,362	4,804	4,245	3,757	3,400	3,224	3,162
Stock-based compensation
2,051	4,623	4,146	4,250	3,638	1,314	3,356	3,658	3,084	3,954	3,933	4,172	3,704	2,689	1,666	3,840	3,766	1,338	3,124	3,046	2,782	2,504	2,259	2,143	-108	1,174	1,066	1,560	432	736	1,200	1,406	6,964	1,297	1,418	1,122	1,134
Net gain on disposals and impairments of assets
22	21	-22	-2	433	34	32	-85	70	-20	-227	-2	0	-18	-2	-6	-1	12	-18	-7	-177	-377	-28	-89	2	-34	-48	85	-27	-29	-98	16	-4	-6	-3	-167	78
Excess tax benefits from stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	1	44	446	26	191	46	1,087	858	409	34	701	19	743	251	436	2,401	1,499	827	1,748	2,372	490	568	836	296
Deferred income taxes
5,334	-119	-1,616	-103	824	184	51	6,028	1,184	-1,687	-1,245	-689	5,663	-967	-1,658	-637	1,622	17,557	-1,118	-1,100	-3,415	3,995	-2,303	-553	-1,450	-2,251	216	3,487	585	4,236	1,694	179	-2,610	260	-240	1,377	1,442
Changes in operating assets and liabilities:
Accounts receivable
-12,808	-5,563	5,960	968	-6,182	667	2,063	267	2,486	-1,795	-3,379	6,259	-1,478	-4,026	218	3,327	-8,816	2,716	5,718	2,605	-1,780	-9,478	14,846	-1,203	552	-276	824	-87	-2,454	1,468	4,292	-1,665	-1,390	5,871	839	-1,616	-1,159
Inventories
-5,044	557	-1,351	4,545	-1,568	-6,098	739	3,458	2,485	5,081	9,361	2,998	-8,168	4,417	-3,087	-7,271	-5,633	8,945	9,278	12,373	2,469	4,831	5,548	-1,434	4,438	-1,159	6,838	3,500	-5,269	6,567	1,696	2,417	33	3,855	417	2,046	-1,114
Income taxes
5,798	2,531	9,730	-13,403	4,208	7,216	5,298	-23,837	4,762	1,844	14,385	-20,073	5,541	-5,267	15,062	-1,234	16,558	-27,376	9,212	-11,232	15,453	-14,197	10,277	-4,189	3,795	-2,719	10,198	-10,618	7,534	-6,416	7,101	-6,774	10,388	-742	4,006	-5,350	6,531
Prepaid expenses and other assets
-7,478	5,894	-515	3,297	5,283	-356	3,047	5,652	-13,894	10,692	3,823	770	-2,880	-1,263	-3,380	5,566	1,272	-3,924	-5,700	-717	1,661	5,827	-209	5,385	-1,030	-1,975	1,211	3,044	889	-3,649	3,557	2,660	-186	-1,510	274	679	2,533
Accounts payable
11,282	-34,390	32,643	6,551	5,857	-35,901	30,866	-4,982	123	-11,546	21,467	13,252	-1,394	-3,922	14,239	-14,787	-495	-5,493	16,744	421	7,458	-13,019	28,401	-4,642	3,600	-14,506	12,737	-14,663	12,955	-3,451	10,363	-6,389	6,591	4,026	3,569	-4,863	4,181
Customer prepayments
-8,432	-5,576	9,351	-45	3,452	-19,052	17,982	-2,043	2,412	-12,162	-5,796	15,075	4,443	-2,141	3,760	-6,348	-20,537	26,086	-285	-475	-2,591	-513	11,152	-2,090	4,785	101	2,954	-5,159	2,302	-217	3,774	-8,240	6,348	-85	3,121	-5,031	2,580
Accrued compensation and benefits
-13,157	1,157	9,415	598	1,750	-4,187	7,259	-2,377	-7,567	121	5,443	-1,859	11,693	-9,633	3,192	-1,428	10,677	-17,396	8,024	856	-8,977	417	7,594	5,644	4,080	405	-805	4,363	-9,165	-1,520	2,497	3,364	-12,449	3,991	3,892	3,965	-6,681
Other taxes and withholding
-479	-5,059	7,620	-3,090	1,254	-3,558	6,873	-4,270	1,662	-1,651	6,790	-5,129	-903	-4,771	5,840	-5,839	7,493	-3,434	6,191	-2,564	-58	-1,900	5,013	-565	36	-1,657	2,660	287	-1,443	-1,526	3,211	-2,080	1,160	-255	2,519	-1,625	1,305
Warranty liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	900	-	672	96	185	-18	-647	-332	-239	-207	-794	-1,022	569	-644	1,524	-195	-119
Other accruals and liabilities
2,725	-2,622	9,134	-3,463	3,958	3,020	5,692	-2,163	-1,485	556	11,422	-6,980	4,930	3,603	9,493	-3,888	4,922	249	17,211	1,321	761	4,334	9,463	-288	1,754	-244	6,331	1,756	-2,531	-1,274	4,060	1,670	1,720	-1,754	2,490	-517	2,583
Net cash provided by operating activities
84,941	-672	119,485	2,211	68,136	-2,910	105,319	-20,125	49,256	-3,447	87,247	1,938	86,869	6,384	98,141	-16,861	63,981	-23,645	86,533	-3,810	48,864	8,633	86,257	10,714	38,864	-1,977	53,939	-8,879	45,022	2,990	54,403	-1,285	44,518	16,521	40,840	1,462	32,223
Cash flows from investing activities:
Purchases of property and equipment
10,351	12,482	12,861	14,153	19,743	11,503	12,671	12,536	8,805	22,216	10,481	13,921	13,211	19,083	15,005	11,475	12,289	24,151	22,497	21,142	17,796	18,217	18,611	23,106	16,660	18,991	20,724	22,787	14,309	14,777	14,317	13,218	9,281	9,035	4,907	6,841	2,744
Decrease in restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	0	0	0	500	0	0	0	0	-	-	-	-	0	0	0	2,650
Investment in non-marketable equity securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	1,500	1,500	0	0	0	0	-	-	-	-
Proceeds from sales of property and equipment
25	38	6	0	2,571	98	104	0	70	0	36	0	0	25	0	53	14	31	0	8	33	0	0	0	5	0	0	114	3	3	12	21	9	0	4	7	0
Proceeds from marketable debt securities
-	-	-	-	-	-	-	-	-	-	-	-	-	5,963	0	0	15,090	26,577	59,155	25,688	16,244	16,269	14,689	13,548	10,000	21,592	8,510	17,565	5,898	16,146	85	10,018	0	-	-	-	-
Investments in marketable debt securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	9,993	1,111	18,195	31,946	29,998	14,782	13,623	18,129	9,537	3,621	12,883	23,563	17,889	45,351	0	-	-	-	-
Acquisition of business
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	15,500	0	0	0	0	-	-	-	-
Net cash used in investing activities
-10,326	-12,444	-12,855	-14,153	-17,172	-11,405	-12,567	-12,536	-8,735	-22,216	-10,445	-13,921	-13,211	-13,095	-20,973	-11,422	2,815	2,457	-30,462	3,443	-19,714	-35,394	-33,920	-24,340	-20,778	-17,028	-21,751	-10,229	-38,291	-22,191	-32,109	-48,530	-9,272	965	-4,903	-46,855	-5,394
Cash flows from financing activities:
Repurchases of common stock
41,445	25,901	39,494	44,028	55,656	74,207	55,299	65,292	77,648	35,087	40,064	25,300	54,794	30,283	25,044	20,126	51,240	29,901	18,671	31,154	20,475	15,012	10,010	11,234	10,236	10,018	10,023	11,887	10,144	10,821	10,048	12,809	1,214	21	41	26	283
Net increase in short-term borrowings
201,170	37,627	-68,028	53,803	2,955	88,189	-39,106	97,290	35,963	34,288	-9,292	729	2,369	2,870	-9,512	19,235	-6,661	-1,022	9,597	9,052	-16,530	13,691	-1,307	-98	-6,094	4,344	183	-380	-4,370	4,171	5,672	22	-3,371	-258	963	-381	-1,119
Proceeds from issuance of common stock
3,283	1,438	757	2,159	2,836	704	488	739	857	201	386	2,194	460	349	326	1,617	6	318	200	1,105	1,353	1,242	265	955	411	858	513	4,313	2,282	1,859	1,342	282	1,655	2,191	1,295	727	143
Debt issuance costs
3	0	4	4	1,015	0	1	4	1,009	2	0	10	0	0	0	8	401	82	639	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Excess tax benefits from stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	1	44	446	26	191	46	1,087	858	409	34	701	19	743	251	436	2,401	1,499	827	1,748	2,372	490	568	836	296
Net cash provided by (used in) financing activities
163,005	13,164	-106,769	11,930	-50,880	14,686	-93,918	32,733	-41,837	-600	-48,970	-22,387	-51,965	-27,063	-34,186	1,164	-58,270	-30,496	-9,467	-19,910	-34,794	330	-11,018	-9,676	-15,900	-4,073	-9,076	-7,518	-9,831	-3,292	-2,210	-10,804	-558	2,402	2,785	1,156	-963
Net increase in cash and cash equivalents
237,620	48	-139	-12	84	371	-1,166	72	-1,316	-26,263	27,832	-34,370	21,693	-33,774	42,982	-27,119	8,526	-51,684	46,604	-20,277	-5,644	-26,431	41,319	-23,302	2,186	-23,078	23,112	-26,626	-3,100	-22,493	20,084	-60,619	34,688	19,888	38,722	-44,237	25,866