SPORTSMAN'S WAREHOUSE HOLDINGS, INC. SPWH Cash Flow

Sportsman's warehouse holdings, inc. (SPWH)

CashFlow / TTM

Feb'20	Nov'19	Aug'19	May'19	Feb'19	Oct'18	Jul'18	May'18	Apr'18	Jan'18	Oct'17	Jul'17	Apr'17	Jan'17	Jan'17	Oct'16	Jul'16	Apr'16	Jan'16	Oct'15	Jul'15	Apr'15	Jan'15	Oct'14	Jul'14	Apr'14	Jul'13	Apr'13
Cash flows from operating activities:
Net (loss) income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	29,442	-	0	0	0	-	-	-	0	0	0
Net income
20,215	21,161	23,067	24,119	23,750	19,008	16,418	0	16,421	17,742	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation of property and equipment
19,294	18,714	18,319	18,180	17,961	17,630	17,320	0	16,761	15,864	14,912	14,035	12,978	-	12,169	11,361	10,699	10,273	9,763	9,371	8,806	8,114	7,344	0	0	0	0	0
Amortization and write-off of discount on debt and deferred financing fees
339	336	320	1,935	2,043	2,133	2,257	0	727	708	724	917	940	-	1,122	1,197	1,004	992	817	6,072	6,185	6,337	6,497	0	0	0	-	-
Amortization of discount on debt and deferred financing fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Amortization of definite lived intangible
26	26	26	20	289	770	1,215	0	1,666	1,842	1,806	1,806	1,806	-	1,805	1,806	1,806	1,806	1,806	1,806	1,805	1,806	1,806	0	0	0	0	0
Change in deferred rent
-	-	-	-	-	-	-	-	-	8,098	9,576	3,960	5,025	-	6,307	0	0	0	-	-	-	-	-	-	-	-	-	-
Change in deferred rent
-	-	-	-	-	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase in deferred rent
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	0	0
(Gain) loss on asset dispositions
311	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Noncash lease expense
27,009	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
710	-1,725	901	908	714	2,084	-125	0	-146	502	417	626	419	-	167	1,699	1,396	3,096	3,062	0	0	0	-	-	-	-	0	0
Excess tax benefits from stock-based compensation arrangements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	449	452	452	473	286	0	0	0	-	-	-	-	-	-
Stock-based compensation
2,104	1,961	1,723	1,710	2,829	3,292	3,296	0	3,216	2,294	2,160	2,680	3,211	-	3,186	3,049	2,738	2,285	2,257	2,184	2,112	2,156	3,293	0	0	0	-	-
Change in operating assets and liabilities, net of amounts acquired:
Accounts receivable, net
655	201	-149	-93	-70	15	-53	0	0	-92	0	0	0	-	-	-	-110	-108	44	-77	47	117	12	0	0	0	0	0
Operating lease liabilities
-28,374	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Merchandise inventories
-20,247	-50,315	-39,758	-14,739	6,006	50,731	26,839	0	17,893	24,305	14,282	36,511	37,343	-	28,495	50,162	30,272	34,235	31,885	23,280	28,065	14,390	24,575	0	0	0	0	0
Prepaid expenses and other
1,571	2,979	2,901	3,475	5,339	6,078	2,617	0	-3,462	681	2,354	3,344	9,783	-	1,064	2,599	6,357	4,311	5,435	-2,973	-4,504	-1,290	21	0	0	0	0	0
Accounts payable
12,709	3,340	-9,018	-13,887	-11,726	22,102	12,503	0	-7,012	7,536	399	-7,992	14,606	-	-15,530	9,499	10,313	4,616	18,198	-204	10,525	2,968	836	0	0	0	0	0
Accrued expenses
8,774	8,911	6,179	1,855	7,739	3,315	8,381	0	2,705	-1,040	464	713	5,810	-	6,888	6,358	5,402	771	983	6,795	5,567	8,688	8,127	0	0	0	0	0
Income taxes payable and receivable
-2,650	4,484	9	-1,565	-749	-4,827	-373	0	3,330	1,607	1,934	-2,884	-329	-	-351	-538	6,282	5,369	7,255	0	0	0	-	-	-	0	0	0
Net cash provided by operating activities
77,866	104,441	78,791	44,665	32,173	8,777	37,714	0	30,578	30,775	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	22,698	-	38,082	37,857	36,746	20,473	0	0	0	0	0
Cash flows from investing activities:
Purchase of property and equipment, net of amounts acquired
30,372	25,667	22,112	16,864	17,936	17,135	19,893	0	32,442	41,172	47,880	47,886	43,901	-	39,417	34,894	37,938	33,808	33,957	36,449	29,991	30,240	30,167	0	0	0	0	0
Purchase of business
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Proceeds from sale of property and equipment
311	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-49,064	-44,430	-20,117	-14,869	-16,252	-12,559	-11,374	0	-23,406	-32,136	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-14,802	-	-28,685	-29,991	-30,240	-30,167	0	0	0	0	0
Cash flows from financing activities:
Net (payments) borrowings on line of credit
-28,228	-50,801	-46,695	74,706	84,314	103,112	72,077	0	-11,200	-980	-6,859	35,673	14,727	-	35,709	35,637	17,712	11,083	-16,636	-13,218	-14,556	2,289	12,847	0	0	0	0	0
Issuance of common stock, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-
Increase in book overdraft
5,530	-1,315	-5,188	-3,086	353	-144	344	0	6,588	4,589	2,795	4,177	-3,355	-	-1,827	-8,154	-11,095	3,923	-1,123	8,966	10,751	-2,324	2,609	0	0	0	0	0
Excess tax benefits from stock-based compensation arrangements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	286	283	283	283	287	0	0	0	-	-
Payment of withholdings on restricted stock units
369	373	373	373	703	696	695	0	695	635	638	639	639	-	1,228	1,233	1,233	1,233	1,041	0	0	0	-	-	-	-	-	-
Payment of deferred financing costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Principal payments on unsecured note payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Principal payments on long-term debt
6,000	8,000	8,000	140,727	139,127	137,527	135,927	0	1,600	1,600	1,599	1,599	1,599	-	21,273	21,274	21,274	21,274	1,600	160,362	160,550	163,738	234,225	0	0	0	0	0
Net cash (used in) provided by financing activities
-28,664	-60,166	-59,933	-30,460	-16,143	3,519	-25,427	0	-7,062	1,219	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net change in cash
138	-155	-1,259	-664	-222	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-7,498	-	-9,194	-8,935	-6,252	10,091	0	0	0	0	0
Net change in cash
-	-	-	-	-	-	-	-	110	-	-	-	-135	-198	-	750	1,995	398	358	203	-1,069	254	397	0	0	0	0	0
Cash paid during the period for:
Interest, net of amounts capitalized
7,945	9,590	9,729	12,124	13,240	14,474	14,694	0	13,772	13,532	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest, net of amounts capitalized
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12,602	-	0	0	0	-	-	-	-	-	-
Income taxes, net of refunds
-	-	-	-	-	-	-	-	-	-	-	-	-	-	18,444	20,195	14,515	12,018	10,328	0	0	0	-	-	-	-	-	-
Supplemental schedule of noncash activities:
Noncash change in operating lease right of use asset and operating lease liabilities from remeasurement of existing leases and addition of new leases
66,095	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of property and equipment included in accounts payable and accrued expenses
1,112	3,338	-215	716	1,189	1,415	1,336	0	-5,118	1,142	4,379	5,525	11,424	-	5,972	2,315	2,627	1,541	1,263	0	0	0	-	-	-	-	-	-