← Sprouts Farmers Market, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | 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 | $129.0m | $158.4m | $158.5m | $149.6m | $287.4m | $244.2m | $244.2m | $258.9m | $380.6m | $523.7m | — | |
| Depreciation, Depletion and Amortization | — | $96.7m | $110.7m | $122.8m | $126.5m | $125.5m | — | $137.8m | $140.2m | $157.7m | $328.0m | |
| Amortization of Deferred Charges | — | $1.4m | — | $200k | — | — | — | — | — | — | — | |
| Amortization of Debt Issuance Costs | — | $463k | $799k | — | — | — | — | — | — | — | — | |
| Amortization of Intangible Assets | — | $1.4m | $1.4m | — | — | — | — | — | — | — | — | |
| Depreciation | — | $96.6m | $110.3m | $121.3m | $125.6m | $124.1m | — | $136.6m | $139.2m | $156.7m | $328.0m | |
| Depreciation and amortization expense | $69.2m | $80.4m | $110.7m | $122.8m | — | $126.5m | $125.5m | $127.1m | $140.2m | $157.7m | $328.0m | |
| Operating lease asset amortization | — | — | — | $81.8m | — | $99.3m | $108.5m | $117.3m | $133.9m | $146.6m | — | |
| Deferred Income Tax Expense (Benefit) | — | $7.8m | $23.3m | ($216k) | $3.7m | ($178k) | — | ($4.9m) | $10.7m | $7.4m | $9.7m | |
| Deferred income taxes | $15.6m | $20.7m | $23.3m | ($216k) | — | $3.7m | ($178k) | $3.2m | $10.7m | $7.4m | $9.7m | |
| Share-based Payment Arrangement, Noncash Expense | — | $14.2m | $14.5m | $8.9m | $14.3m | $15.9m | — | $18.9m | $28.4m | $31.1m | $32.4m | |
| Share-based Payment Arrangement, Expense | — | $14.2m | — | — | $14.3m | $15.9m | — | $18.9m | $28.4m | $31.1m | $32.4m | |
| Share-based compensation | $8.0m | $13.4m | $14.5m | $8.9m | — | $14.3m | $15.9m | $16.6m | $28.4m | $31.1m | $32.4m | |
| Goodwill, Impairment Loss | — | $0 | $0 | $0 | $0 | $0 | — | $0 | $0 | $0 | $0 | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | — | — | — | — | — | — | — | — | — | $0 | — | |
| Impairment of assets | — | — | — | — | — | — | — | $30.5m | $406k | $0 | — | |
| Nonoperating Income (Expense) | — | $625k | $320k | — | — | — | — | — | — | — | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | — | $4.9m | $7.7m | ($36.1m) | ($26.0m) | ($16.9m) | — | ($3.2m) | ($30.0m) | ($27.2m) | $12.3m | |
| Accounts receivable | ($5.6m) | ($4.8m) | ($7.7m) | $36.1m | — | $26.0m | $16.9m | $13.4m | $30.0m | $27.2m | $12.3m | |
| Increase (Decrease) in Inventories | — | $25.1m | $34.8m | $11.6m | ($21.8m) | $11.4m | — | $10.9m | $20.1m | $83.8m | ($85.7m) | |
| Inventories | ($22.6m) | ($39.0m) | ($34.8m) | ($11.6m) | — | $21.8m | ($11.4m) | ($45.2m) | ($20.1m) | ($83.8m) | ($85.7m) | |
| Increase (Decrease) in Accounts Payable | — | — | — | — | $20.2m | ($4.5m) | — | $12.2m | $28.0m | $11.2m | $20.1m | |
| Accounts payable | $19.4m | $16.0m | — | $9.4m | — | $20.2m | ($4.5m) | $13.4m | $28.0m | $11.2m | $20.1m | |
| Property and equipment in accounts payable and accrued liabilities | $16.2m | $23.2m | $12.0m | $18.5m | — | $10.9m | $25.2m | $36.2m | $36.7m | $63.6m | — | |
| Accrued capital expenditures | — | $198.6m | $177.1m | $183.2m | $122.0m | $102.4m | — | $225.3m | $230.4m | $248.3m | — | |
| Accrued liabilities | — | — | — | $17.3m | — | $4.3m | $610k | $5.4m | $39.3m | $25.2m | ($57.7m) | |
| Accrued salaries and benefits | $1.0m | $2.1m | $3.0m | $295k | — | $28.1m | ($18.0m) | $2.8m | $23.2m | ($2.0m) | — | |
| Excise tax accrued on repurchase of common stock | — | — | — | — | — | — | — | $1.8m | $2.1m | $4.2m | — | |
| Increase (Decrease) in Other Operating Assets | — | $114k | $5.1m | $1.3m | $5.5m | $1.8m | — | ($3.5m) | $45k | $5.4m | — | |
| Prepaid expenses and other current assets | ($12.0m) | $1.4m | ($2.9m) | $19.2m | — | ($15.0m) | ($5.9m) | ($18.5m) | $11.9m | $36.7m | — | |
| Other assets | ($481k) | $13.0m | ($5.1m) | ($1.3m) | — | ($5.5m) | ($1.8m) | $2.0m | ($45k) | ($5.4m) | — | |
| Net Cash Provided by (Used in) Operating Activities | $239.9m |
$254.4m
+6.02%
|
$294.4m
+15.74%
|
$355.2m
+20.66%
|
$494.0m
+39.08%
|
$364.8m
-26.16%
|
$364.8m
0.00%
|
$465.1m
+27.49%
|
$645.2m
+38.74%
|
$716.0m
+10.97%
|
$674.7m
-5.77%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $10.1m | $198.6m | $177.1m | $183.2m | $122.0m | $102.4m | ($102.4m) | $225.3m | $230.4m | $248.3m | ($317.9m) | |
| Gain (Loss) on Disposition of Property Plant Equipment | — | ($1.6m) | ($683k) | — | — | — | — | — | — | — | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | — | — | — | $13.0m | $0 | $0 | $0 | |
| Net Cash Provided by (Used in) Investing Activities | — | — | ($177.1m) | ($183.2m) | ($122.0m) | ($102.4m) | — | ($238.3m) | ($230.4m) | ($248.3m) | ($317.9m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | — | — | — | — | — | — | — | |
| Payments for Repurchase of Common Stock | — | $203.4m | $258.3m | $176.3m | — | $188.3m | — | $203.5m | $228.5m | $471.9m | — | |
| Repurchase of common stock | ($25.7m) | ($294.3m) | ($258.3m) | ($176.3m) | — | $0 | ($188.3m) | ($200.0m) | ($228.5m) | ($471.9m) | — | |
| Payments of excise tax on repurchases of common stock | — | — | — | — | — | — | — | $0 | ($1.8m) | ($2.1m) | — | |
| Proceeds from (Payments for) Other Financing Activities | — | — | ($59k) | ($319k) | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Financing Activities | — | — | ($134.5m) |
($87.4m)
+35.00%
|
($287.4m)
-228.69%
|
($186.9m)
+34.99%
|
— | ($318.0m) |
($351.5m)
-10.52%
|
($474.1m)
-34.87%
|
($393.8m)
+16.93%
|
|
| (Decrease)/Increase in cash, cash equivalents, and restricted cash | — | $7.0m | ($17.2m) | $84.5m | — | $84.7m | $75.6m | $48.2m | $63.3m | ($6.3m) | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | ($17.2m) | $84.5m | $84.7m | $75.6m | — | ($91.3m) | $63.3m | ($6.3m) | $226.5m | |
| Cash, cash equivalents, and restricted cash at beginning of the period | — | $19.5m | $2.2m | $86.8m | — | $171.4m | $247.0m | $295.2m | $267.2m | $260.9m | — | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Proceeds from Stock Options Exercised | — | $9.3m | $21.8m | $4.9m | $1.3m | $2.2m | — | $11.5m | $4.9m | $2.6m | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $17.5m | $20.8m | $27.1m | $20.3m | $14.8m | $11.4m | $11.4m | $12.6m | $5.0m | $1.8m | — | |
| Income Taxes Paid, Net | $40.7m | $46.1m | $15.5m | $44.6m | $94.8m | $82.9m | $82.9m | $96.6m | $102.2m | $120.1m | — | |
| Additional Financial Items | ||||||||||||
| Accretion Expense, Including Asset Retirement Obligations | — | $243k | — | — | — | — | — | — | — | — | — | |
| Asset Retirement Obligation, Accretion Expense | — | — | — | — | — | — | — | — | — | — | — | |
| Derivative, Gain (Loss) on Derivative, Net | — | — | — | — | — | — | — | $0 | $0 | — | — | |
| Gain (Loss) on Disposition of Intangible Assets | — | — | — | — | — | — | — | — | — | — | — | |
| Goodwill | — | $368.1m | $368.1m | $368.1m | $368.9m | $368.9m | — | $381.7m | $381.8m | $381.8m | $0 | |
| Income Tax Expense (Benefit) | — | $47.1m | $37.3m | $46.5m | $89.4m | $78.2m | — | $84.9m | $126.1m | $165.1m | — | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | — | — | — | — | $3.2m | — | — | — | — | — | — | |
| Payments of Financing Costs | — | — | $2.1m | — | — | — | — | $0 | $0 | $1.6m | — | |
| Other non-cash items | — | $2.1m | $1.5m | $4.1m | — | $3.7m | $1.2m | $672k | $5.6m | $4.7m | — | |
| Operating lease liabilities | — | — | — | ($88.0m) | — | ($120.1m) | ($120.5m) | ($132.9m) | ($168.5m) | ($166.2m) | — | |
| Other long-term liabilities | $23.0m | $19.5m | $24.7m | $578k | — | $1.6m | $401k | ($3.3m) | $1.7m | $1.8m | — | |
| Payments for acquisition, net of cash acquired | — | — | — | — | — | — | — | ($13.0m) | $0 | $0 | — | |
| Cash flows used in investing activities | ($128.3m) | ($180.8m) | ($177.1m) | ($183.2m) | — | ($122.0m) | ($102.4m) | ($124.0m) | ($230.4m) | ($248.3m) | — | |
| Payments on revolving credit facilities | ($100.0m) | ($10.0m) | ($128.0m) | ($180.4m) | — | ($288.0m) | $0 | ($62.5m) | ($125.0m) | $0 | — | |
| Payments on finance lease liabilities | — | — | — | ($690k) | — | ($754k) | ($685k) | ($819k) | ($1.1m) | ($1.0m) | — | |
| Payments of deferred financing costs | ($1.9m) | — | ($2.1m) | — | — | $0 | $0 | ($3.4m) | $0 | ($1.6m) | — | |
| Proceeds from exercise of stock options | $6.6m | $2.7m | $21.8m | $4.9m | — | $1.3m | $2.2m | $5.0m | $4.9m | $2.6m | — | |
| Cash flows used in financing activities | ($106.0m) | ($197.2m) | ($134.5m) | ($87.4m) | — | ($287.4m) | ($186.9m) | ($199.1m) | ($351.5m) | ($474.1m) | — | |
| Issuance of shares for acquisition | — | — | — | — | — | — | — | $18.1m | $0 | $0 | — | |
| Leased assets obtained in exchange for new operating lease liabilities, net of lease terminations | — | — | — | $160.1m | — | $118.1m | $139.3m | $157.3m | $278.2m | $332.4m | — | |
| Leased assets obtained in exchange for new finance lease liabilities | — | — | — | — | — | — | — | $809k | $0 | $6.3m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.