← Burlington Stores, Inc.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $215.9m | $384.9m | $414.7m | $465.1m | ($216.5m) | $408.8m | $230.1m | $339.6m | $503.6m | $610.2m | — | |
| Depreciation, Depletion and Amortization | $183.6m | $201.1m | $217.9m | $210.7m | $220.4m | $249.2m | $270.4m | $307.1m | $347.6m | $417.9m | $430.7m | |
| Amortization of Debt Issuance Costs | $2.7m | $2.5m | $1.6m | $1.2m | $4.5m | $5.3m | $3.6m | $3.2m | $3.1m | — | — | |
| Depreciation | $146.3m | $163.3m | $175.8m | $195.8m | $189.5m | $218.1m | $237.8m | $273.5m | $311.4m | $417.9m | $430.7m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $270.4m | $307.1m | $347.6m | $417.9m | $430.7m | |
| Deferred Income Tax Expense (Benefit) | ($2.9m) | ($30.7m) | $2.5m | $9.1m | ($25.0m) | $52.0m | ($25.4m) | $20.7m | $28.6m | $27.8m | $51.6m | |
| Deferred Tax | — | — | — | — | — | — | ($25.4m) | $20.7m | $28.6m | $27.8m | $51.6m | |
| Share-based Payment Arrangement, Noncash Expense | $16.0m | $27.0m | $35.5m | $43.9m | $55.8m | $58.5m | $67.5m | $83.9m | $87.6m | — | $121.2m | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | $10.1m | |
| Impairment of Intangible Assets, Finite-lived | $1.6m | $800k | $2.9m | $0 | $0 | — | — | — | — | — | — | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | — | |
| Asset Impairment Charge | — | — | — | — | — | — | $21.4m | $6.4m | $12.9m | $9.9m | $10.1m | |
| Other Nonoperating Income (Expense) | $10.8m | $8.9m | $11.0m | $16.5m | $8.4m | $11.6m | $26.9m | $40.9m | $16.7m | — | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | ($9.7m) | $67.7m | ($126.1m) | $1.2m | ($8.6m) | |
| Increase (Decrease) in Accounts Receivable | $3.5m | $20.0m | ($3.5m) | $8.8m | ($26.9m) | ($10.2m) | $13.0m | $4.5m | $14.3m | — | ($9.2m) | |
| Change In Receivables | — | — | — | — | — | — | ($13.0m) | ($4.5m) | ($14.3m) | ($18.1m) | ($9.2m) | |
| Changes In Account Receivables | — | — | — | — | — | — | ($13.0m) | ($4.5m) | ($14.3m) | ($18.1m) | ($9.2m) | |
| Increase (Decrease) in Inventories | ($81.0m) | $50.7m | $201.6m | ($176.4m) | ($36.5m) | $280.2m | $161.0m | ($94.1m) | $162.9m | — | ($128.9m) | |
| Change In Inventory | — | — | — | — | — | — | ($161.0m) | $94.1m | ($162.9m) | ($61.1m) | ($128.9m) | |
| Accrued capital expenditures | $187.5m | $268.2m | $295.8m | $328.4m | $273.3m | $352.5m | $447.4m | $492.6m | $880.4m | — | — | |
| Change In Other Current Liabilities | — | — | — | — | — | — | $44.8m | $80.8m | $10.4m | $31.7m | $9.8m | |
| Net Cash Provided by (Used in) Operating Activities | $602.4m |
$607.2m
+0.80%
|
$639.7m
+5.34%
|
$891.7m
+39.41%
|
$219.2m
-75.42%
|
$833.2m
+280.12%
|
$596.4m
-28.42%
|
$868.7m
+45.67%
|
$863.4m
-0.62%
|
$1.2b
+42.62%
|
$1.3b
+7.34%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $187.5m | $268.2m | $295.8m | $328.4m | $273.3m | $352.5m | $447.4m | $492.6m | $880.4m | ($1.1b) | ($954.1m) | |
| Payments for (Proceeds from) Other Investing Activities | $132k | ($9k) | $3.0m | ($611k) | $1.1m | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($180.4m) | ($262.2m) | ($298.5m) | ($324.6m) | ($274.1m) | ($344.4m) | ($423.1m) | ($503.7m) | ($882.3m) | — | ($932.0m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | ($3.8m) | ($2.9m) | ($1.8m) | $2.9m | ($202k) | ($156.0m) | ($14.7m) | ($38.3m) | ($1.4m) | — | — | |
| Issuance Of Debt | — | — | — | — | — | — | $0 | $297.1m | $605.8m | $645.0m | $545.0m | |
| Long Term Debt Issuance | — | — | — | — | — | — | $0 | $297.1m | $605.8m | $645.0m | $545.0m | |
| Long Term Debt Payments | — | — | — | — | — | — | ($87.9m) | ($396.1m) | ($302.6m) | ($322.4m) | ($296.2m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($87.9m) | ($99.1m) | $303.2m | $322.6m | $248.8m | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($87.9m) | ($99.1m) | $303.2m | $322.6m | $248.8m | |
| Repayment Of Debt | — | — | — | — | — | — | ($87.9m) | ($396.1m) | ($302.6m) | ($322.4m) | ($296.2m) | |
| Payments for Repurchase of Common Stock | $202.4m | $289.8m | $228.9m | $323.1m | $65.5m | $266.6m | $316.9m | $243.2m | $256.3m | — | — | |
| Common Stock Payments | — | — | — | — | — | — | ($316.9m) | ($243.2m) | ($256.3m) | ($278.4m) | ($285.1m) | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($316.9m) | ($243.2m) | ($256.3m) | ($278.4m) | ($285.1m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($316.9m) | ($243.2m) | ($256.3m) | ($278.4m) | ($285.1m) | |
| Proceeds from (Payments for) Other Financing Activities | ($6.1m) | ($6.0m) | ($275k) | ($2.8m) | ($13.4m) | ($13.9m) | ($7.6m) | $4.6m | $9.6m | — | — | |
| Net Other Financing Charges | — | — | — | — | — | — | ($7.6m) | $4.6m | $9.6m | ($8.0m) | ($10.9m) | |
| Net Cash Provided by (Used in) Financing Activities | ($361.4m) |
($293.4m)
+18.83%
|
($368.1m)
-25.47%
|
($291.6m)
+20.77%
|
$1.0b
+453.93%
|
($778.0m)
-175.37%
|
($391.7m)
+49.65%
|
($318.8m)
+18.60%
|
$88.2m
+127.67%
|
— | ($13.5m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $60.7m | $51.7m | ($26.9m) | $275.5m | $977.2m | ($289.2m) | ($218.5m) | $46.2m | $69.3m | — | $747.4m | |
| Beginning Cash Position | — | — | — | — | — | — | $1.1b | $879.2m | $925.4m | $994.7m | $371.1m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Proceeds from Stock Options Exercised | $4.5m | $9.2m | $16.3m | $34.2m | $34.9m | $39.9m | $20.6m | $18.8m | $31.7m | — | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $51.6m | $49.1m | $52.2m | $47.1m | $48.4m | $52.7m | $51.4m | $88.1m | $84.6m | $73.1m | — | |
| Income Taxes Paid, Net | $69.0m | $109.6m | $75.7m | $110.6m | $45.0m | $130.2m | ($208.3m) | $86.2m | $170.3m | $170.9m | — | |
| Additional Financial Items | ||||||||||||
| Goodwill | $47.1m | $47.1m | $47.1m | $47.1m | $47.1m | $47.1m | $47.1m | $47.1m | $47.1m | — | $10.1m | |
| Income Tax Expense (Benefit) | $117.3m | $44.1m | $92.8m | $115.4m | ($221.1m) | $136.5m | $77.4m | $126.1m | $171.2m | — | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $69.5m | — | — | |
| Investment Income, Interest | — | — | — | — | — | — | — | — | $31.5m | — | — | |
| Operating Lease, Expense | — | — | — | $414.2m | $625.6m | $658.3m | $731.0m | $820.1m | $890.6m | — | — | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | ($1.6m) | ($3.6m) | ($1.4m) | ($1.3m) | — | — | — | — | — | — | — | |
| Stock or Unit Option Plan Expense | $601k | $142k | — | — | — | — | — | — | — | — | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($391.7m) | ($318.8m) | $88.2m | $61.5m | ($13.5m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($423.1m) | ($503.7m) | ($882.3m) | ($1.1b) | ($932.0m) | |
| Change In Account Payable | — | — | — | — | — | — | ($125.0m) | ($22.0m) | $86.5m | ($23.7m) | $131.3m | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($218.5m) | $46.2m | $69.3m | $237.8m | — | |
| Change In Other Working Capital | — | — | — | — | — | — | ($360k) | $3.7m | $1.1m | ($2.4m) | ($470k) | |
| Change In Payable | — | — | — | — | — | — | ($125.0m) | ($22.0m) | $86.5m | ($23.7m) | $131.3m | |
| Change In Prepaid Assets | — | — | — | — | — | — | $244.9m | ($84.5m) | ($46.9m) | $74.8m | ($11.2m) | |
| Changes In Cash | — | — | — | — | — | — | ($218.5m) | $46.2m | $69.3m | $237.8m | $376.3m | |
| End Cash Position | — | — | — | — | — | — | $879.2m | $925.4m | $994.7m | $1.2b | $747.4m | |
| Financing Cash Flow | — | — | — | — | — | — | ($391.7m) |
($318.8m)
+18.60%
|
$88.2m
+127.67%
|
$61.5m
-30.29%
|
($13.5m)
-121.89%
|
|
| Free Cash Flow | — | — | — | — | — | — | $145.3m | $351.5m | ($28.6m) | $148.8m | $367.6m | |
| Investing Cash Flow | — | — | — | — | — | — | ($423.1m) | ($503.7m) | ($882.3m) | ($1.1b) | ($932.0m) | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($423.1m) | ($503.7m) | ($882.3m) | ($1.1b) | ($932.0m) | |
| Operating Gains Losses | — | — | — | — | — | $156.0m | $14.7m | $38.3m | $1.4m | — | $1.4m | |
| Other Non Cash Items | — | — | — | — | — | — | $27.4m | $5.1m | $7.7m | $57.8m | — | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | — | $20.6m | $18.8m | $31.7m | $25.3m | $33.7m | |
| Purchase Of PPE | — | — | — | — | — | — | ($451.1m) | ($517.3m) | ($892.0m) | ($1.1b) | ($954.1m) | |
| Sale Of PPE | — | — | — | — | — | — | $28.0m | $13.5m | $9.7m | $27.5m | $27.5m | |
| Stock Based Compensation | — | — | — | — | — | — | $67.5m | $83.9m | $87.6m | $106.7m | $121.2m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.