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FREDS INC (FRED)

Cash Flow Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsFeb-02-19Feb-03-18Jan-28-17Jan-30-16Jan-31-15Feb-01-14Feb-02-13Jan-28-12
   10-K10-K10-K10-K10-K10-K10-K10-K
Cash flows from operating activities:          
    Net loss  -137.2-144.5      
    Adjustments to reconcile net loss to net cash flows from operating activities:          
        Depreciation and amortization  31.335.344.043.141.041.039.534.2
        Net gain on asset disposition  -3.6-0.3-0.8-2.9-3.6-4.0-0.5-2.8
        Asset impairments  33.22.525.41.416.11.7  
        Stock-based compensation  3.34.68.82.22.41.82.12.1
        (Recovery) for uncollectible receivables  0.0-0.2-0.90.21.40.10.60.4
        LIFO reserve increase   1.45.17.54.74.53.92.8
        Deferred income tax benefit  0.1-2.1-7.8-0.8-13.3-5.2-0.66.5
        Amortization of debt issuance costs  0.60.30.10.20.0   
        (Increase) decrease in operating assets:          
            Trade and non-trade receivables  14.63.71.0-3.62.2-5.2-8.2-8.3
            Inventories  17.528.7-11.6-30.428.4-15.0-25.3-21.4
            Other assets  -0.67.00.62.90.4-0.1-0.60.6
        Increase (decrease) in operating liabilities:          
            Accounts payable and accrued expenses  -41.75.1-28.032.916.712.88.125.5
            Income taxes receivable  1.30.07.28.4-13.7 2.6-1.7
            Other noncurrent liabilities  -10.55.9-2.8-2.310.31.0-6.21.8
        Net cash used in operating activities of continuing operations  -91.5-44.7-28.149.763.758.944.873.3
   
Cash flows from investing activities of continuing operations:          
    Capital expenditures  -9.0-15.8-23.9-22.8-23.3-25.9-20.2-16.8
    Proceeds from asset dispositions  2.22.22.63.74.96.31.63.4
        Net cash provided by (used in) investing activities of continuing operations  208.7-15.1-33.6-26.5-56.1-44.5-46.0-59.1
   
Cash flows from financing activities of continuing operations:          
    Payments of indebtedness and capital lease obligations  -0.1-0.1-0.6-0.6-2.5-1.3  
    Proceeds from revolving line of credit  741.2910.2991.0937.2455.1235.378.4 
    Payments on revolving line of credit  -835.4-871.1-915.0-902.7-451.2-242.3-71.5 
    Debt issuance costs  -0.4-0.6-5.8-0.5 0.0  
    Proceeds (payments) from exercise of stock options and employee stock purchase plan  -0.10.0      
    Transfer (to) from discontinued operations  -17.721.5      
        Net cash (used in ) provided by financing activities of continuing operations  -118.448.062.2-74.4-7.9-15.7-17.8-36.3
   
    Decrease in cash and cash equivalents  -3.7-10.3-0.1-0.5-0.3-1.4-19.0-22.1
   
Cash flow from discontinued operations          
Cash flows from operating activities of discontinued operations, net  -17.726.31.01.4    
Cash flows from financing activities of discontinued operations, net  17.7-13.7-0.550.6    
    Net increase (decrease) in cash and cash equivalents  -3.7-10.3-0.1-0.5-0.3-1.4-19.0-22.1
Cash and cash equivalents, beginning of year  6.65.85.96.46.78.127.149.2
    Net increase (decrease) in cash and cash equivalents  -3.7-10.3-0.1-0.5-0.3-1.4-19.0-22.1
Cash and cash equivalents, end of year  5.46.65.85.96.46.78.127.1
   
Supplemental disclosures of cash flow information:          
    Interest paid  7.76.32.31.40.50.50.50.4
    Income taxes refunded  -1.6-1.7-9.9-12.98.019.815.413.1

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