TUESDAY MORNING CORP/DE TUES Cash Flow

Tuesday morning corp/de (TUES)

CashFlow / TTM

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	Dec'10	Sep'10
Cash flows from operating activities:
Net income
-19,028	-13,960	-12,440	-10,687	-10,479	-17,793	-21,938	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income/(loss)
-	-	-	-	-	-	-	-	-	-	-	-19,072	-9,517	998	3,713	3,324	5,760	10,475	10,385	7,212	1,588	-4,397	-10,176	-18,346	-22,284	-61,424	-56,376	-42,801	-34,680	2,642	3,913	4,519	5,130	6,534	9,579	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
25,651	25,956	26,127	26,311	26,230	26,017	25,671	24,801	24,097	22,974	21,349	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13,019	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	13,857	14,039	14,151	14,516	14,837	15,521	15,838	16,103	0	0	0
Amortization of financing fees
226	251	276	299	316	316	315	315	315	315	326	311	310	313	462	546	617	684	595	596	596	596	595	595	587	589	592	592	603	656	760	865	968	1,018	1,018	0	0	0
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-7,725	-8,452	-1,073	-572	0	0	0	-	-	-	-
(Gain)/loss on disposal of assets
-162	-149	-7	-141	-123	-97	-82	-9	-24	-39	-79	-180	-174	-719	-700	-726	-1,223	-847	-1,109	-1,814	-1,471	-1,475	-1,271	-4,467	-4,866	-6,131	-6,161	-2,140	-1,747	-427	-460	-419	-398	-48	-238	0	0	0
Gain on sale-leaseback transaction
-	-	-	-	-	-	371	557	741	741	741	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Share-based compensation
3,263	3,517	3,536	3,375	3,319	3,382	3,433	3,689	3,814	4,222	4,184	4,470	4,489	3,789	3,115	3,325	3,704	4,214	5,362	5,052	4,558	3,892	2,975	1,467	1,981	2,086	1,988	2,865	2,018	1,764	1,987	2,499	2,403	2,333	2,332	0	0	0
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Construction allowances from landlords
1,376	1,196	1,491	3,001	5,663	7,067	8,568	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other non-cash items
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-54	-36	-39	-19	-35	-85	-75	-20	214	0	0	0
Change in operating assets and liabilities:
Inventories
-22,802	-5,932	3,578	-6,648	6,928	8,167	12,543	-23,187	-31,260	-39,566	-20,339	13,167	18,429	53,607	32,043	31,427	24,106	5,192	2,050	17,315	4,652	3,579	-4,391	-31,009	-4,643	-71,199	-53,548	-25,116	-30,880	25,590	1,422	-23,424	-37,441	321	25,662	0	0	0
Prepaid and other current assets
53	-1,452	-483	-561	-1,908	-1,536	-559	-172	3,027	2,076	1,138	71	-699	-608	-633	525	398	679	1,145	-398	392	-2,163	-2,003	-3,365	-1,001	-6,540	-2,438	51	214	2,654	-2,327	919	182	2,583	3,928	0	0	0
Accounts payable
-8,892	-13,410	-873	-12,133	-7,065	-4,018	22,612	15,900	-5,482	-54	-16,337	-21,939	10,852	4,318	6,611	13,603	6,465	11,846	-12,042	3,007	-6,412	-7,438	13,326	-21,945	3,389	-5,894	-25,051	7,886	-1,095	23,185	35,753	13,897	-1,293	-12,571	2,731	0	0	0
Accrued liabilities
-9,491	1,806	4,954	2,564	8,081	-111	-300	-766	-4,525	2,887	-2,028	1,425	5,718	3,479	6,653	3,768	3,338	1,855	-5,253	-3,527	514	-727	3,899	1,292	2,928	1,031	4,930	9,632	5,929	6,613	1,536	-1,302	-4,135	-2,215	-5,557	0	0	0
Operating lease assets and liabilities
0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred rent
-	-	-823	-782	-1,518	-1,786	1,280	4,219	5,635	6,975	4,964	3,211	3,460	3,093	2,805	3,282	2,406	1,410	351	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred rent
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-631	-464	33	64	187	389	21	17	0	0	0
Income taxes payable
0	0	-	0	0	0	-	0	0	0	-	-	-	-	-10	-171	392	-268	-53	647	443	110	-161	-524	-1,168	-133	-25	-295	-4,466	-62	-123	-78	-3,050	11	-15	0	0	0
Other liabilities — non-current
-756	329	100	35	664	328	368	-386	248	-457	-648	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by operating activities
14,974	12,680	19,567	19,350	19,675	6,197	27,171	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash flows from investing activities:
Capital expenditures
0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by/(used in) operating activities
-	-	-	-	-	-	-	-	-	-	-	0	0	-20,044	-	12,160	13,191	38,211	9,685	9,510	10,532	4,910	31,198	17,116	12,611	28,729	-3,188	10,868	6,131	20,358	59,481	61,331	58,183	12,982	-62	0	0	0
Capital expenditures
-	-	-	-	-	-	30,764	39,875	41,263	42,594	41,682	42,868	44,614	46,552	45,545	37,788	32,208	23,505	15,541	10,510	8,959	12,112	13,434	12,009	11,938	9,192	9,608	12,529	14,554	14,897	13,765	13,114	13,841	17,694	20,600	0	0	0
Purchases of intellectual property
-	-	299	304	302	296	42	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sales of assets
32	29	31	39	45	71	83	0	0	0	-	-	-	-	41	0	0	0	-	-	-	-	45	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-16,356	-15,965	-16,312	-16,401	-19,556	-24,061	-30,723	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash flows from financing activities:
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	0	0	-39,067	-	-39,071	-32,126	-23,423	-15,494	-10,452	-8,940	-12,093	-13,389	-11,725	-11,662	-8,916	-9,358	-12,529	-14,554	-14,897	-13,765	-13,064	-13,741	-17,594	-20,500	0	0	0
Proceeds from borrowings under revolving credit facility
284,890	281,590	229,190	197,800	194,300	190,700	195,500	178,200	169,100	174,300	176,500	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	94,655	94,665	93,655	85,957	92,338	141,510	193,056	202,748	152,352	0	0	0
Repayments of borrowings under revolving credit facility
286,290	279,290	233,020	207,000	189,300	178,100	187,520	174,800	169,100	163,800	146,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	94,655	94,665	93,655	86,957	92,338	0	0	0	-	-	-	-
Change in cash overdraft
2,400	-5,503	3,213	8,425	-8,257	6,948	-1,026	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments on finance leases
0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from the exercise of employee stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,104	2,383	2,256	2,691	3,301	2,081	2,020	1,205	1,808	1,727	1,551	1,513	77	39	49	58	60	0	0	0
Payments on capital leases
-	193	-	-	-	160	159	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in cash overdraft
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,697	-18,791	4,203	0	-4,147	15,400	0	0	0
Excess tax benefit related to exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	71	-364	-25	288	640	568	821	980	0	0	0
Purchase of treasury stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	320	339	133	88	106	315	1,867	4,954	6,092	0	0	0	-	-	-	-
Payment of financing costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	903	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in financing activities
164	-3,994	-1,370	-1,458	-3,407	19,392	6,799	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net decrease in cash and cash equivalents
-1,218	-7,279	1,885	1,491	-3,288	1,528	3,247	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
-	-	-	-	-	-	-	-	-	-	-	0	0	41,986	-	-911	-568	-41	911	2,213	-63	2,395	2,981	1,742	4,381	-16,489	1,702	-2,841	-722	-627	-25,376	-15,641	-4,483	5,052	16,440	0	0	0
Net increase/(decrease) in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	0	0	-17,125	-	-27,822	-19,503	14,747	-4,898	1,271	1,529	-4,788	20,790	7,133	5,330	3,324	-10,844	-4,502	-9,145	4,834	20,340	32,626	39,959	440	-4,122	0	0	0