Urban outfitters, inc. (URBN)
CashFlow / Quarterly
Jan'20Oct'19Jul'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'10
Cash flows from operating activities:
Net income

19,539

55,652

60,320

32,585

86,414

77,520

92,809

41,260

1,318

45,092

49,915

11,938

64,288

47,355

76,915

29,562

72,878

51,994

66,841

32,776

80,298

47,143

67,509

37,478

88,682

70,257

76,363

47,058

82,548

59,517

61,292

33,957

39,255

50,679

56,693

38,624

75,238

73,106

71,657

52,957

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization

28,639

28,222

27,586

27,809

28,667

29,161

29,694

30,464

31,442

32,247

32,583

32,136

34,149

32,788

33,549

34,844

35,971

35,903

35,805

35,043

34,733

34,474

34,426

34,477

34,878

33,218

32,490

32,078

31,280

30,292

28,979

28,113

27,404

27,404

26,753

26,551

26,249

25,805

24,704

24,347

Right-of-use asset amortization

-

48,037

47,547

46,626

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision (benefit) for deferred income taxes

1,240

-896

-3,056

4,163

-1,246

-662

-2,340

-7,166

13,100

-357

-542

-3,872

6,286

-12,108

4,128

-3,107

13,214

8,962

-7,440

-1,074

21,887

-8,999

-8,716

-6,393

-11,595

-13,586

-3,354

30

28,812

3,265

-3,576

-6,253

-9,828

-125

2,049

-4,246

4,013

-10,404

-687

-1,649

Excess tax benefits from share-based awards

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

628

296

5,495

1,808

1,046

898

70

102

1,377

2,864

5,197

1,275

4,143

324

971

8,483

14

137

361

1,390

1,208

2,576

7,673

Share-based compensation expense

4,302

5,346

5,908

5,553

1,028

6,086

5,466

5,524

686

-125

7,793

6,163

-1,741

7,280

6,992

5,760

3,482

4,469

3,559

4,113

3,128

4,975

4,057

4,576

3,331

4,986

3,784

3,641

229

4,021

3,751

2,891

-5,276

3,460

2,305

2,579

3,299

2,899

2,327

2,200

Loss on disposition of property and equipment, net

-824

-226

-41

-552

-758

-282

-467

-1,985

-761

-1,216

-1,532

-528

-866

-1,526

-495

-780

-490

-23

-606

-281

-2,274

-242

-502

-171

-1,018

-2

-235

-1,113

-698

-5

95

-8

0

-200

-31

-626

-108

11

-50

28

Changes in assets and liabilities:
Receivables

-11,725

4,518

7,029

8,003

-10,652

468

2,002

12,194

-1,823

2,784

-8,525

29,308

-14,673

-25,830

23,381

-3,812

7,603

-1,365

15,663

-8,081

2,412

-1,494

13,489

3,986

274

736

5,009

9,349

-4,344

-4,392

4,528

7,125

-10,053

-5,674

6,063

9,915

-11,121

5,174

7,274

-3,162

Inventory

-122,154

89,356

33,348

38,551

-82,873

77,762

-27,572

54,379

-100,614

84,783

4,110

20,365

-116,971

89,502

10,075

27,357

-109,519

57,546

-13,761

38,995

-107,939

107,286

12,884

56,761

-95,636

58,123

21,995

43,231

-112,366

71,841

23,986

48,776

-116,840

64,601

39,254

33,802

-59,239

45,429

20,838

36,344

Prepaid expenses and other assets

-20,920

14,107

10,725

12,396

-26,353

7,662

11,685

-1,599

-10,152

-57

-402

-2,356

3,028

14,568

6,003

-13,240

16,161

-6,463

527

-14,036

17,748

5,294

-947

1,162

-2,638

9,077

-20,901

11,477

21,087

-14,409

-8,339

-14,396

-4,166

18,958

-18,797

-2,312

23,431

-32,041

86

-6,301

Payables, accrued expenses and other liabilities

-77,873

84,525

48,454

-32,445

-62,602

24,886

24,706

47,022

-37,895

55,783

14,174

13,454

-50,900

69,776

8,243

12,573

-36,128

38,612

34,475

-40,899

-36,409

54,135

14,662

16,155

-1,684

29,975

28,733

11,138

-32,627

61,558

-23,003

25,828

-20,493

33,803

10,328

-2,328

-10,344

45,048

5,030

8,758

Net cash provided by operating activities

152,491

60,149

35,360

25,893

176,441

51,381

164,687

54,115

133,411

46,346

110,272

13,030

185,905

68,377

90,863

70,107

191,009

89,617

131,121

7,867

191,882

19,838

86,116

24,485

212,528

55,539

129,284

25,804

205,288

101,475

46,849

42,068

153,638

37,522

71,502

20,040

144,102

116,673

72,307

52,031

Cash flows from investing activities:
Cash paid for property and equipment

46,312

54,656

78,749

37,716

24,945

34,337

31,008

24,634

20,475

20,334

19,463

23,541

31,645

37,666

43,292

31,111

25,822

39,791

37,522

31,815

53,899

69,748

67,602

38,555

57,641

61,694

38,473

28,293

38,405

37,316

40,350

52,804

50,444

62,019

41,809

35,738

36,900

42,172

32,219

32,351

Cash paid for marketable securities

97,898

64,228

105,198

129,896

116,493

111,330

116,586

52,237

106,447

58,263

66,403

50,272

166,402

56,804

58,208

37,328

52,449

62,625

95,038

55,760

93,722

52,976

89,254

169,707

236,583

174,029

170,488

146,887

173,959

66,092

70,986

61,652

72,287

23,440

22,621

51,119

209,558

83,925

123,347

46,299

Sales and maturities of marketable securities

45,879

62,218

168,650

151,761

55,898

81,145

72,629

57,400

33,881

57,099

87,935

64,903

24,759

109,043

52,138

57,219

77,885

82,242

132,988

80,942

109,629

88,718

146,575

485,375

125,763

80,344

89,958

155,801

31,585

53,648

68,514

53,829

30,175

227,127

42,025

115,442

174,474

149,041

131,329

116,392

Acquisition of business

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

15,325

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-98,331

-56,666

-15,297

-15,851

-85,540

-64,522

-74,965

-19,471

-93,041

-21,498

2,069

-8,910

-173,288

14,573

-49,362

-26,545

-386

-20,174

428

-6,633

-37,992

-34,006

-10,281

277,113

-168,461

-155,379

-119,003

-19,379

-180,779

-49,760

-42,822

-60,627

-92,556

141,668

-22,405

28,585

-71,984

22,944

-24,237

37,742

Repayments of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

0

50,000

25,000

75,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from the exercise of share-based awards

0

0

0

974

0

598

7,747

5,273

-

-

-

-

0

1,195

429

2,472

0

0

6,132

40,268

1

7,765

2,129

798

1,018

4,012

12,684

17,504

2,603

25,423

536

2,109

625

45

1,113

2,353

12,750

379

6,791

4,209

Excess tax benefits from share-based awards

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

628

296

5,495

1,808

1,046

898

70

102

1,377

2,864

5,197

1,275

4,143

324

971

8,483

14

137

361

1,390

1,208

2,576

7,673

Share repurchases related to share repurchase program

0

0

146,179

71,242

-

-

-

-

-

-

-

-

0

35,083

0

10,704

99,777

111,909

236,312

17,306

125,670

6,883

125,607

353,315

-

-

-

-

-

-

-

-

7,167

322,318

67,319

148,674

-

-

-

-

Share repurchases related to taxes for share-based awards

26

145

46

5,383

58

4,263

877

5,047

2

1,038

0

1,142

-

-

-

-

1

2,102

41

7,976

853

3,033

0

61

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in financing activities

-26

-145

-146,225

-75,651

-63,943

-61,177

6,870

226

-2

-67,571

-90,511

-1,142

-3

-85,937

-24,571

-83,232

-71,197

-113,383

-114,925

20,481

-124,714

-1,105

-122,580

-352,508

1,107

-5,325

15,183

22,701

3,878

29,566

860

3,080

1,941

-322,259

-66,069

-145,960

14,145

-131,148

-62,621

11,882

Effect of exchange rate changes on cash and cash equivalents

635

1,714

-3,019

-1,452

2,281

-2,388

-4,578

-3,377

7,126

690

2,445

1,366

640

-5,243

-1,958

2,538

-3,747

-904

886

658

-2,809

-1,809

193

677

1,955

1,548

-382

-989

292

-114

132

668

-1,120

58

-586

1,017

448

123

157

-1,331

(Decrease) increase in cash and cash equivalents

54,769

5,052

-129,181

-67,061

29,239

-76,706

92,014

31,493

47,494

-42,033

24,275

4,344

13,254

-8,230

14,972

-37,132

115,679

-44,844

17,510

22,373

26,367

-17,082

-46,552

-50,233

47,129

-103,617

25,082

28,137

28,679

81,167

5,019

-14,811

61,903

-143,011

-17,558

-96,318

86,711

8,592

-14,394

100,324

Supplemental cash flow information:
Cash paid during the year for:
Income taxes

17,519

19,071

34,809

3,030

28,757

33,756

37,284

2,414

22,867

19,524

34,730

6,865

26,779

43,850

31,223

10,106

38,838

30,552

20,438

9,531

39,718

48,915

42,179

14,080

49,383

55,146

20,314

34,785

39,641

6,864

46,475

10,026

35,785

36,862

1,210

46,990

44,401

6,516

36,142

34,282

Non-cash investing activities—Accrued capital expenditures

-4,272

-7,556

-9,436

31,761

-6,387

-1,422

-11,175

26,177

1,584

-686

1,285

7,961

1,008

-4,513

5,018

15,507

-2,989

-11,590

-2,717

28,903

-9,123

-11,027

-2,621

41,542

-5,079

15,120

2,768

8,080

-7,246

2,011

1,395

18,895

-5,510

17,951

1,233

8,281

-8,802

2,539

613

13,727