United natural foods, inc. (UNFI)
CashFlow / TTM
Feb'20Nov'19Aug'19Apr'19Jan'19Oct'18Jul'18Apr'18Jan'18Oct'17Jul'17Apr'17Jan'17Oct'16Jul'16Apr'16Jan'16Oct'15Jul'15Apr'15Jan'15Oct'14Jul'14Apr'14Jan'14Oct'13Jul'13Apr'13Jan'13Oct'12Jul'12Apr'12Jan'12Oct'11Jul'11Apr'11Jan'11Oct'10Jul'10Apr'10Jan'10Oct'09
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

-337,164

-649,000

-284,883

-271,255

-276,508

115,874

165,670

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Income from discontinued operations, net of tax

69,384

88,684

65,800

47,847

23,477

2,070

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss from continuing operations

-406,548

-737,684

-350,683

-319,102

-299,985

113,804

165,670

171,751

156,447

131,443

130,155

125,967

127,651

124,852

125,766

127,183

130,662

135,823

138,734

136,011

130,653

130,760

125,482

124,184

119,413

114,082

107,854

100,919

98,330

97,721

91,342

83,378

77,708

74,426

76,673

0

0

0

-

-

-

-

Adjustments to reconcile net loss from continuing operations to net cash used in operating activities:
Depreciation and amortization

293,192

297,173

246,825

191,429

141,375

89,982

87,631

88,103

87,842

87,278

86,051

83,969

80,617

75,517

71,006

67,561

66,990

66,346

63,800

60,537

55,417

51,678

48,758

46,583

44,452

43,517

42,398

41,725

41,314

40,087

39,560

37,475

37,244

36,533

35,296

34,162

31,369

29,188

27,483

0

0

0

Share-based compensation

14,991

18,709

25,551

22,898

26,448

26,597

25,783

28,685

25,510

26,297

25,675

21,345

19,895

15,988

15,308

14,674

13,851

13,992

13,981

13,443

14,655

15,092

14,608

17,214

16,722

15,868

15,104

13,434

12,828

12,176

11,372

10,729

10,759

10,412

9,159

8,935

8,972

8,594

8,057

0

0

0

(Gain) loss on disposition of assets

-4,188

-1,545

-2,859

-1,562

-2,660

-2,723

-2,820

-229

-648

-781

-943

-884

-438

-529

-458

-684

-695

337

499

78

178

-746

-647

-91

447

561

513

667

27

74

313

348

304

280

42

-229

-198

-222

-229

0

0

0

Gain associated with disposal of investments

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restructuring and asset impairment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

803

803

803

555

0

0

0

0

1,629

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Closed property and other restructuring charges

23,081

31,432

26,875

21,368

20,701

412

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Asset Impairment Charges

347,304

718,175

292,770

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net pension and other postretirement benefit income

-37,436

-45,079

-34,553

-22,691

-11,750

-844

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income tax benefit

-55,453

-124,572

-60,798

-58,505

-57,691

-14,496

-14,819

-23,597

-24,624

-1,000

-1,891

0

0

0

-

-

-

-

15,339

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

LIFO charge

30,798

30,666

24,120

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized loss on foreign exchange

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Provision for doubtful accounts

47,294

19,810

9,749

15,687

14,395

13,387

12,006

9,686

8,080

6,758

5,728

5,398

4,811

3,845

6,426

7,426

7,589

7,070

5,059

3,889

3,853

3,415

3,152

4,613

4,331

4,469

4,227

2,427

3,197

2,927

3,532

3,276

1,436

1,715

635

1,217

1,665

869

1,149

0

0

0

Loss on debt extinguishment

-859

-1,862

-2,903

-2,562

-2,117

-1,114

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax deficit from share-based payment arrangements

-

-

-

-

-

-

-

-

-

-

-1,320

-1,438

-1,928

-1,918

-83

-167

517

1,501

2,746

3,007

2,941

1,928

2,601

4,323

4,243

4,254

1,952

2,100

2,393

2,379

2,804

818

1,191

1,699

1,545

2,942

2,316

2,120

1,822

0

0

0

Non-cash interest expense

15,846

16,239

12,751

6,056

3,617

276

275

690

1,155

615

175

-146

-28

-100

-106

140

158

153

389

613

1,091

1,530

2,012

2,418

1,701

1,267

651

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities, net of acquired businesses

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities, net of acquired businesses
Accounts receivable

-

-

-

-

-

-

-

-

-

-

38,757

33,972

9,300

-6,011

-29,417

-26,478

-21,073

20,044

42,257

56,946

55,012

57,648

71,247

57,709

50,670

60,201

34,739

28,198

34,728

27,301

51,193

59,115

64,441

57,097

39,791

51,203

44,975

39,335

21,599

0

0

0

Inventories

-

-

-

-

-

-

-

-

-

-

6,929

18,863

6,258

-47,373

-2,113

35,790

22,046

103,327

153,701

87,899

130,205

116,815

97,819

106,954

89,422

115,602

123,904

83,097

77,898

67,526

62,822

87,793

69,406

111,586

66,283

85,440

105,240

99,874

55,803

0

0

0

Prepaid expenses and other assets

-

-

-

-

-

-

-

-

-

-

6,383

1,713

-1,596

-2,507

-5,381

-6,363

-10,029

-4,410

-4,541

-4,412

4,240

-4,243

-2,024

9,124

21,893

13,872

17,702

9,714

-10

-10,073

-15,050

0

0

0

-

-

6,203

5,188

3,284

0

0

0

Notes receivable, trade

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

Increase (Decrease) in Accounts Payable

-

-

-

-

-

-

-

-

-

-

82,772

61,490

40,331

-10,103

14,379

17,860

-20,734

23,518

16,001

10,680

29,858

-20,586

28,734

28,937

19,300

56,451

32,418

37,199

34,032

39,721

16,095

14,186

11,449

11,524

9,583

20,781

24,787

46,127

32,491

0

0

0

Accrued expenses, other liabilities and other

-

-

-

-

-

-

-

-

-

-

-62

3,639

-5,532

2,287

13,140

6,745

-423

8,181

-7,756

1,070

11,601

12,517

12,627

5,600

11,066

2,095

12,080

-4,055

5,286

3,187

12,540

26,899

26,410

14,387

16,614

3,198

6,106

5,714

8,724

0

0

0

Net cash used in operating activities of continuing operations

297,746

0

284,530

217,504

138,315

0

109,038

78,958

173,011

0

273,331

254,088

268,907

283,862

296,609

260,675

226,374

153,099

48,864

76,872

45,344

13,339

62,418

59,708

57,090

50,126

44,331

65,154

75,465

104,248

66,244

47,742

43,755

-10,715

49,844

170

-11,724

15,745

66,132

0

0

0

Net cash provided by operating activities of discontinued operations

131,445

115,785

109,408

70,816

25,910

-5,701

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures

212,307

232,558

207,817

151,915

109,210

55,732

44,608

45,754

48,973

52,171

56,112

52,306

43,577

42,985

41,375

59,663

93,443

109,350

129,134

137,902

127,146

141,428

147,303

139,746

122,848

95,228

66,554

46,251

38,596

28,264

31,492

36,316

39,433

41,030

40,778

48,653

53,554

52,958

55,109

0

0

0

Purchases of acquired businesses, net of cash acquired

10,501

18,606

2,292,435

2,282,337

2,281,954

2,273,857

39

38

-756

-856

9,207

226,732

316,675

316,781

306,724

89,209

80

319

8,036

196,559

196,556

196,335

211,574

21,722

21,874

21,873

8,135

9,413

10,113

12,501

3,297

3,406

2,600

250

22,061

0

0

0

-

-

-

-

Proceeds from dispositions of assets

17,210

25,823

173,747

169,510

168,521

149,778

283

181

186

202

168

0

0

0

-

-

-

-

-

-

-

-

6,084

6,084

128

2,447

2,368

2,349

2,349

75

332

342

358

353

96

242

222

179

180

0

0

0

Proceeds from disposal of investments

-

-

-

-

-

-

756

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments for long-term investment

162

162

110

110

497

3,507

3,397

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

0

0

-

0

0

0

-

-

-

-

-

0

0

0

-

-

-

-

3,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities of continuing operations

-167,191

0

-2,258,787

-2,214,488

-2,178,514

0

-47,005

-41,060

-43,093

0

-59,959

-283,916

-365,107

-362,582

-350,915

-151,611

-96,205

-111,568

-142,069

-336,502

-319,880

-334,778

-352,793

-155,384

-144,594

-114,654

-72,321

-53,315

-46,360

-40,690

-34,457

-39,380

-41,675

-40,927

-62,743

-133,902

-138,791

-138,363

-118,671

0

0

0

Net cash provided by investing activities of discontinued operations

40,412

85,089

67,998

50,065

44,263

-89

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from borrowings of long-term debt

23,692

23,145

1,926,642

1,912,178

1,905,000

1,905,547

0

0

0

0

-

-

-

-

-

-

-

-

150,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from borrowings under revolving credit line

3,542,889

3,504,650

3,971,504

3,369,014

2,943,604

2,187,780

556,061

561,311

389,936

294,887

215,662

489,171

632,210

681,678

709,972

535,722

504,572

723,004

728,316

886,473

944,703

789,131

853,884

666,566

595,614

585,284

610,046

611,985

764,526

1,168,534

1,021,517

1,911,462

1,634,129

1,124,547

957,662

-10,000

-775

-38,855

42,570

0

0

0

Repayments of borrowings under revolving credit line

3,597,900

3,514,425

3,101,679

2,481,104

1,988,639

1,148,442

569,671

536,921

496,707

428,514

418,693

451,257

514,856

576,298

646,481

629,195

592,548

772,438

779,461

793,178

819,210

649,742

568,338

572,579

528,583

505,876

594,107

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of long-term debt and finance leases

159,869

753,419

779,909

740,034

719,440

119,143

12,128

12,058

11,942

14,164

11,546

11,466

11,125

8,732

11,255

11,265

11,446

11,185

11,197

8,771

6,369

4,042

1,226

581

349

339

353

44,142

45,325

46,286

47,447

5,043

5,040

5,037

5,033

5,029

5,419

5,415

5,412

0

0

0

Repurchase of common stock

-

-

-

-

-

-

24,231

22,237

22,237

6,449

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from the issuance of common stock and exercise of stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

138,301

0

0

0

-

-

-

-

(Decrease) increase in bank overdraft

-

-

-

-

-

-

-

-

-

-

-

3,323

13,467

-11,234

6,063

-6,304

-45,143

11,413

5,003

31,912

16,789

45,828

11,501

1,660

24,221

-17,658

6,347

20,650

10,326

7,996

8,673

-5,064

846

14,442

1,739

10,509

16,235

14,725

9,982

0

0

0

Proceeds from the issuance of common stock and exercise of stock options

0

0

-

0

0

942

-

0

0

0

-

-

-

-

2,011

2,129

1,385

3,813

3,415

3,387

3,725

1,187

2,215

2,386

2,179

2,328

1,942

4,651

6,518

6,980

7,571

5,002

7,556

10,008

10,162

14,491

11,792

10,377

8,481

0

0

0

Payment of employee restricted stock tax withholdings

458

420

2,727

3,294

3,280

3,300

4,563

4,540

4,546

4,542

1,313

1,309

1,305

1,301

1,717

1,750

1,870

1,917

2,430

2,431

2,350

2,424

3,757

3,812

3,719

3,689

3,484

3,458

3,469

3,540

1,526

1,592

1,660

2,045

2,808

2,731

2,655

2,746

1,338

0

0

0

Excess tax deficit from share-based payment arrangements

-

-

-

-

-

-

-

-

-

-

-1,320

-1,438

-1,928

-1,918

-83

-167

517

1,501

2,746

3,007

2,941

1,928

2,601

4,323

4,243

4,254

1,952

2,100

2,393

2,379

2,804

818

1,191

1,699

1,545

2,942

2,316

2,120

1,822

0

0

0

Payments for debt issuance costs

-1,919

2,291

62,600

62,587

64,519

60,309

0

0

0

0

180

293

2,344

2,344

2,164

2,053

1,065

1,011

1,965

3,486

2,423

2,477

1,523

0

0

0

-

-

0

0

-

-

-

-

-

-

-

-

68

0

0

0

Net cash provided by financing activities of continuing operations

-143,841

0

1,996,352

2,016,606

2,071,303

0

-53,557

-32,726

-135,950

-188,043

-217,116

26,896

115,123

80,941

56,346

-112,883

-145,598

-46,820

94,427

266,913

287,806

329,389

295,357

97,963

93,618

64,311

22,343

-13,027

-48,376

-71,807

-32,830

-17,879

7,893

58,378

16,336

148,422

159,734

118,450

56,037

0

0

0

Net cash used in financing activities of discontinued operations

-2,356

-2,272

-1,212

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

EFFECT OF EXCHANGE RATE CHANGES ON CASH

1,744

-104

-143

-500

-2,631

-320

-575

467

775

378

565

-276

-747

-958

-827

-794

437

18

42

80

-371

257

23

414

376

635

636

862

620

172

298

-599

-521

-426

-372

0

0

0

-

-

-

-

NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS

-11,542

-582,293

21,952

19,122

28,473

603,741

7,901

5,639

-5,257

7,599

-3,179

-3,208

18,176

1,263

1,213

-4,613

-14,992

-5,271

1,264

7,363

12,899

8,207

5,005

2,701

6,490

418

-5,011

-326

-18,651

-8,077

-745

-10,116

9,452

6,310

3,065

14,635

9,238

-4,148

3,533

0

0

0

Supplemental disclosures of cash flow information:
Cash paid for interest

211,036

225,013

183,042

119,481

74,587

20,129

16,471

16,295

16,052

16,260

17,115

17,769

17,768

16,864

16,696

16,059

15,655

15,796

14,632

12,475

10,542

8,715

6,599

6,401

5,976

5,388

5,246

4,866

4,506

4,610

4,734

4,732

4,767

4,549

4,752

4,451

4,436

4,524

4,465

0

0

0

Cash (refunds) payments for federal and state income taxes, net

39,851

48,340

77,676

90,664

40,562

61,945

64,042

65,806

69,969

78,670

78,984

74,766

66,076

68,133

67,028

63,829

61,782

63,093

72,357

83,200

92,490

82,134

77,091

70,164

74,124

66,243

64,367

68,074

66,958

53,063

52,666

46,019

44,687

43,218

42,018

40,187

35,338

36,529

35,538

0

0

0