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FREDS INC (FRED)

Cash Flow Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsMay-04-19Feb-03-19Nov-03-18Aug-04-18May-05-18Feb-03-18Oct-28-17Jul-29-17
   10-Q8-K10-Q/A10-Q10-Q10-K10-Q/A10-Q
Cash flows from operating activities:          
    Net loss  -79.6 -97.4-122.7-128.7-144.5-119.2-66.7
    Adjustments to reconcile net loss to net cash flows from operating activities:          
        Depreciation and amortization  19.1 31.331.832.735.338.045.3
        Net gain on asset disposition  -0.1 -0.6-0.5-0.2-0.3-0.6-1.3
        Asset impairments  2.1 -16.50.5 2.522.027.5
        Stock-based compensation  2.0 2.73.84.74.611.410.5
        (Recovery) for uncollectible receivables  0.5 -1.10.2-0.5-0.20.1-0.5
        LIFO reserve increase  1.7 3.53.01.91.42.72.8
        Deferred income tax benefit  0.0 -3.4-3.1 -2.13.6 
        Amortization of debt issuance costs  0.5 0.5 0.40.30.20.1
        (Increase) decrease in operating assets:          
            Trade and non-trade receivables  -1.8 6.8-0.118.93.7-2.17.8
            Inventories  65.0 59.132.521.528.726.24.1
            Other assets  -94.3 -0.1-1.46.97.07.46.0
        Increase (decrease) in operating liabilities:          
            Accounts payable and accrued expenses  -6.7 -38.2-11.23.15.1-54.014.9
            Income taxes receivable  -0.1 1.11.01.20.0 3.9
            Other noncurrent liabilities  49.1 -7.3-7.5-5.55.96.19.3
        Net cash used in operating activities of continuing operations  -42.7 -52.1-65.4-36.3-44.7-73.2-0.2
   
Cash flows from investing activities of continuing operations:          
    Capital expenditures  -6.5 -10.9-13.4-16.1-15.8-16.6-18.6
    Proceeds from asset dispositions  2.3 3.12.4 2.22.03.5
        Net cash provided by (used in) investing activities of continuing operations  -4.2 -7.5-10.8-14.9-15.1-17.0-20.4
   
Cash flows from financing activities of continuing operations:          
    Payments of indebtedness and capital lease obligations  0.0 -0.1-0.1-0.1-0.1-0.1-0.1
    Proceeds from revolving line of credit  529.9 737.7823.9901.1910.21,016.3964.7
    Payments on revolving line of credit  -502.4 -724.7-799.9-881.8-871.1-924.8-930.7
    Debt issuance costs  -0.4 -0.5-0.43.5-0.6-6.3-6.3
    Proceeds (payments) from exercise of stock options and employee stock purchase plan      -0.10.0  
    Transfer (to) from discontinued operations  -4.4   6.8   
        Net cash (used in ) provided by financing activities of continuing operations  48.5 48.163.738.448.089.620.1
   
    Decrease in cash and cash equivalents  5.5 -9.3-12.4-13.9-10.3-2.0-0.6
   
Cash flow from discontinued operations          
Cash flows from operating activities of discontinued operations, net  -17.0 6.213.129.626.313.91.6
Cash flows from financing activities of discontinued operations, net  -21.6 -32.9-39.7-17.4-13.7-13.5-1.4
    Net increase (decrease) in cash and cash equivalents  5.5 -9.3-12.4-13.9-10.3-2.0-0.6
Cash and cash equivalents, beginning of year  5.4   6.6   
    Net increase (decrease) in cash and cash equivalents  5.5 -9.3-12.4-13.9-10.3-2.0-0.6
Cash and cash equivalents, end of year  7.3 7.66.66.06.65.35.4
   
Supplemental disclosures of cash flow information:          
    Interest paid  4.9 12.011.411.36.35.03.9
    Income taxes refunded    -0.2-1.3-2.3-1.7-10.2-8.8

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