Williams sonoma inc (WSM)
CashFlow / TTM
Feb'20Nov'19Aug'19May'19Feb'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 earnings

356,062

345,355

352,107

341,172

333,684

274,106

263,954

265,158

259,545

308,412

306,477

305,345

305,387

301,888

302,992

304,875

310,068

315,977

310,403

307,482

308,854

295,615

287,426

285,598

278,902

278,838

271,019

265,480

256,730

245,582

240,103

236,032

236,931

227,745

220,854

212,304

200,227

0

0

0

Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:
Depreciation and amortization

187,759

188,136

188,743

187,773

188,808

188,771

186,838

186,000

183,077

180,923

179,874

176,905

173,195

170,412

167,896

167,522

167,760

166,231

166,174

165,121

162,273

159,518

155,295

151,816

149,795

147,212

142,967

138,268

134,453

130,433

129,972

130,469

130,553

134,898

136,647

138,506

144,630

0

0

0

Loss on disposal/impairment of assets

-1,755

-5,601

-5,737

-9,472

-10,209

-5,880

-5,510

-1,784

-1,889

-3,253

-3,131

-3,445

-3,806

-2,633

-3,785

-3,525

-4,339

-4,387

-3,532

-3,460

-2,410

-2,608

-2,483

-3,048

-2,764

-8,558

-8,827

-8,386

-8,388

-3,157

-3,028

-2,994

-2,880

-1,861

-1,540

1,166

1,139

0

0

0

Amortization of deferred lease incentives

-7,714

-12,456

-17,217

-30,617

-26,199

-64,087

-51,262

-25,125

-25,372

25,410

25,342

25,702

25,212

25,184

25,196

24,709

24,721

61,322

24,011

24,636

24,419

-12,250

25,244

24,811

25,382

25,964

26,136

26,484

26,694

26,504

26,727

27,171

27,547

30,048

31,405

32,144

37,115

0

0

0

Non-cash lease expense

215,810

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

511

3,593

3,593

5,453

0

0

0

Deferred income taxes

-2,557

532

19,626

22,754

23,639

87,435

67,903

63,988

63,381

9,691

8,649

9,062

7,114

-8,371

-9,375

-7,734

-7,436

-743

-455

-1,097

-248

-30,653

-29,733

-29,562

-28,344

-10,984

-10,123

-9,288

-9,029

12,432

13,197

13,142

14,210

25,626

25,063

25,044

23,566

0

0

0

Tax benefit related to stock-based awards

-

0

0

8,772

-

0

0

0

-

-4,902

-4,123

-3,115

3,230

8,560

10,539

14,107

14,592

7,104

6,695

4,301

26,952

43,875

43,258

42,854

8,817

12,621

11,518

14,243

12,725

16,976

15,590

11,038

8,515

7,823

8,304

8,560

10,450

0

0

0

Excess tax benefit related to stock-based awards

-

-

-

-

-

-

-

-

-

-

-

-

4,894

5,028

7,414

9,594

14,494

16,435

15,456

13,913

26,560

26,534

26,481

26,067

8,743

11,901

11,466

12,578

12,683

0

0

0

-

-

-

-

-

-

-

-

Stock-based compensation expense

64,163

68,365

68,677

65,442

59,802

53,777

46,685

46,060

42,988

43,305

46,469

45,201

51,116

43,150

43,920

43,079

41,357

46,085

47,354

46,274

44,632

45,077

42,507

42,165

38,788

36,704

34,422

32,040

31,042

29,280

27,172

27,102

24,336

22,982

23,617

23,101

26,630

0

0

0

Other

26

176

653

574

579

108

71

-5

135

192

-545

81

423

589

786

320

-149

-334

-359

-473

-595

0

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Changes in:
Accounts receivable

5,034

-3,680

6,192

1,089

15,329

19,361

24,076

34,017

-149

-5,265

-19,885

-11,035

9,794

8,374

17,016

11,932

12,849

26,786

19,993

12,194

9,366

-9,829

2,157

-4,966

-786

16,861

10,739

13,269

16,408

5,282

2,668

6,064

4,763

12,253

11,916

6,537

-3,477

0

0

0

Merchandise inventories

-24,219

60,245

88,748

104,179

70,331

26,201

32,683

17,601

80,235

110,854

106,439

93,177

-4,493

-41,237

-70,508

1,477

92,647

127,419

141,740

94,602

76,964

81,627

157,169

189,235

174,664

210,312

120,856

74,947

85,981

56,364

54,962

49,197

34,853

39,927

36,973

29,031

46,464

0

0

0

Prepaid catalog expenses

-

-

-

-

-

-

-

-

1,019

-3,304

-3,242

-6,601

-6,448

-10,433

-10,990

-5,731

-5,022

-3,354

-984

662

386

-1,497

1,806

-1,421

-3,675

-3,838

-2,096

2,099

2,937

-2,475

-2,330

-2,757

-2,559

131

-134

264

4,048

0

0

0

Prepaid expenses and other assets

3,189

28,677

49,980

55,206

54,691

45,832

18,953

8,805

15,475

-1,870

10,536

10,907

7,521

17,541

12,261

-4,511

9,245

-1,030

1,726

-20,451

61

7,398

-8,499

29,737

13,649

27,572

41,862

28,372

12,204

-4,177

-4,664

-19

2,065

5,060

1,039

-1,693

1,729

0

0

0

Accounts payable

-11,051

-38,413

-63,399

-5,199

62,377

3,510

37,731

-8,791

2,549

29,407

38,973

52,303

4,276

53,283

-26,732

-27,973

60,507

-13,917

80,607

-1,299

4,455

-20,304

22,232

168,164

135,095

181,221

97,578

-4,567

22,461

1,365

-1,695

-4,424

-21,154

3,715

-3,733

-269

35,946

0

0

0

Accrued expenses and other liabilities

13,259

2,826

27,508

28,827

45,976

57,374

31,841

24,798

9,597

-8,556

-1,874

-6,661

19,712

12,852

17,833

30,377

-135

7,615

7,013

5,644

8,867

19,376

25,331

32,499

43,635

30,233

21,128

8,254

9,147

13,436

7,835

107

-16,030

-11,082

-8,499

-6,932

19,314

0

0

0

Gift card and other deferred revenue

-640

20,699

19,799

35,642

38,899

25,154

17,478

6,461

-3,002

5,357

6,967

19,837

2,020

-3,584

-4,866

16,518

35,877

29,519

38,876

26,078

34,400

20,956

25,635

12,103

21,578

36,708

23,454

24,826

16,962

247

10,822

7,497

-2,242

11,239

1,033

3,394

-3,112

0

0

0

Deferred rent and lease incentives

-

-

-

-

24,929

34,921

34,452

32,424

28,226

26,590

26,660

31,926

35,559

31,742

28,834

32,513

31,334

30,466

29,815

28,465

23,297

17,797

17,931

8,717

13,238

16,770

21,177

22,633

18,803

15,409

10,371

6,662

7,570

6,919

5,841

3,166

-2,550

0

0

0

Operating lease liabilities

-226,257

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes payable

735

4,857

-20,903

-46,111

-35,208

-40,494

-1,580

32,795

33,541

47,789

34,005

30,046

-43,803

-34,074

-12,982

-582

34,548

30,307

-146

5,609

-17,034

1,815

11,611

-10,850

7,478

1,310

-23,550

-17,484

19,352

-15,644

13,335

23,265

-19,562

-21,926

-4,453

3,213

-6,308

0

0

0

Net cash provided by operating activities

607,294

496,435

439,227

477,137

585,986

566,275

584,692

556,849

499,704

515,175

526,396

550,993

524,709

573,445

540,669

538,437

544,026

432,941

488,285

464,955

461,697

426,895

399,923

443,262

453,769

450,419

389,454

325,042

364,127

355,600

377,801

361,900

291,334

311,653

317,369

334,992

355,989

0

0

0

Cash flows from investing activities:
Purchases of property and equipment

186,276

182,930

187,270

192,221

190,102

182,217

187,006

191,588

189,712

206,066

202,264

201,418

197,414

194,035

193,963

190,700

202,935

209,199

208,130

207,065

204,800

180,387

179,695

184,628

193,953

234,242

233,573

225,029

205,404

144,496

137,436

135,936

130,353

117,739

93,542

66,711

61,906

0

0

0

Restricted cash receipts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,220

2,219

2,219

16

12,512

0

0

0

Proceeds from sale of assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

Proceeds from insurance reimbursements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

875

115

0

0

0

-

-

-

-

-

-

-

-

Other

-728

-869

-2,160

-2,190

-2,203

-1,826

-949

-595

-480

-527

-120

-150

-439

-604

-854

-1,058

-769

-1,241

-1,907

-1,783

-1,911

-1,205

947

-152

-45

-73

-1,125

211

203

0

0

0

-

-

-

-

400

0

0

0

Net cash used in investing activities

-185,548

-182,061

-185,110

-190,031

-187,899

-260,919

-266,585

-271,521

-269,760

-205,539

-202,144

-201,268

-196,975

-193,431

-193,109

-189,642

-202,166

-207,958

-206,223

-190,993

-188,600

-164,799

-162,157

-181,952

-190,624

-230,870

-233,257

-225,688

-206,815

-171,352

-163,784

-163,276

-157,704

-120,120

-96,212

-56,300

-63,995

0

0

0

Cash flows from financing activities:
Payment of dividends

150,640

147,830

145,447

143,112

140,325

138,736

137,144

134,902

135,010

134,613

134,165

133,305

133,539

132,470

131,163

130,125

127,636

126,511

125,806

124,801

125,758

124,818

123,381

122,487

111,581

103,692

95,594

87,696

87,847

83,728

79,709

75,231

68,877

67,438

65,754

62,041

59,160

0

0

0

Repurchases of common stock

148,834

187,797

192,617

291,439

295,304

262,079

277,636

195,542

196,179

190,426

168,467

148,983

151,272

143,665

176,161

213,072

224,995

225,639

237,323

223,630

224,377

218,140

220,322

251,409

239,274

247,156

193,010

134,521

155,080

224,736

225,009

224,912

194,429

138,272

143,190

156,250

125,000

0

0

0

Borrowings under revolving line of credit

-

-

-

-

-

-

-

-

170,000

170,000

115,000

70,000

125,000

125,000

175,000

240,000

200,000

200,000

240,000

150,000

90,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Tax withholdings related to stock-based awards

27,752

27,154

27,989

32,405

14,437

17,200

16,348

11,788

18,130

15,380

16,544

17,938

27,062

27,289

29,250

32,960

31,790

34,556

34,718

31,981

56,977

57,374

56,395

55,442

18,096

20,472

18,699

21,155

18,637

15,607

14,548

11,229

11,656

14,989

15,075

17,926

17,918

0

0

0

Excess tax benefit related to stock-based awards

-

-

-

-

-

-

-

-

-

-

-

-

4,894

5,028

7,414

9,594

14,494

16,435

15,456

13,913

26,560

26,534

26,481

26,067

8,743

11,901

11,466

12,578

12,683

10,525

9,590

8,167

8,021

9,661

10,068

12,409

11,239

0

0

0

Proceeds related to stock-based awards

-

-

-

-

-

-

-

-

-

-

-

-

1,532

1,532

1,532

1,806

2,647

3,213

3,253

2,916

4,077

3,584

3,544

5,844

6,614

9,169

12,198

10,129

14,637

13,972

11,182

12,585

9,614

10,575

13,575

12,553

15,736

0

0

0

Repayment of long-term obligations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,724

1,747

3,288

1,653

1,796

1,876

1,760

1,764

1,626

1,722

305

1,590

1,587

0

0

0

Other

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-760

-20

-64

-64

-58

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in financing activities

-327,226

-322,781

-306,053

-466,956

-450,066

-230,383

-248,516

-89,620

-51,707

-295,673

-329,321

-353,930

-305,806

-372,047

-352,810

-326,908

-369,383

-259,782

-231,860

-306,122

-379,020

-282,027

-371,954

-399,187

-355,376

-352,039

-286,938

-222,723

-236,445

-301,855

-300,714

-292,470

-259,039

-202,271

-202,326

-214,470

-178,315

0

0

0

Effect of exchange rates on cash and cash equivalents

-1,312

-982

-2,177

-2,711

797

-1,338

1,880

561

-1,814

1,435

-2,944

-1,037

-1,862

-4,850

-3,404

-1,521

-1,757

-640

-1,000

-1,859

-1,271

-1,125

-602

-1,789

-2,203

-1,235

-445

-559

931

698

-1,387

-713

-237

504

1,766

1,948

781

0

0

0

Net increase (decrease) in cash and cash equivalents

93,208

-9,389

-54,113

-182,561

-51,182

73,635

71,471

196,269

176,423

15,398

-8,013

-5,242

20,066

3,117

-8,654

20,366

-29,280

-35,439

49,202

-34,019

-107,194

-21,056

-134,790

-139,666

-94,434

-133,725

-131,186

-123,928

-78,202

-116,909

-88,084

-94,559

-125,646

-10,234

20,597

66,170

114,460

0

0

0