v3.20.2
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
|
9 Months Ended |
|
|
Operating activities: |
|
|
|
Net (loss) income |
|
$ (212,809,000)
|
$ 186,494,000
|
Adjustments to reconcile net income to net cash from operating activities: |
|
|
|
Depreciation and amortization |
|
123,094,000
|
136,355,000
|
Share-based compensation |
|
24,685,000
|
19,946,000
|
Deferred income taxes |
|
12,013,000
|
12,254,000
|
Loss on impairment of assets |
[1] |
153,617,000
|
|
Changes in assets and liabilities: |
|
|
|
Merchandise inventory |
|
(114,907,000)
|
(223,181,000)
|
Operating lease assets |
|
189,630,000
|
195,678,000
|
Operating lease liabilities |
|
(146,809,000)
|
(203,077,000)
|
Other assets |
|
(86,501,000)
|
(23,578,000)
|
Accounts payable |
|
17,769,000
|
125,910,000
|
Accrued compensation and payroll taxes |
|
74,374,000
|
(38,646,000)
|
Accrued and other liabilities |
|
(44,550,000)
|
(9,955,000)
|
Net cash (used for) provided by operating activities |
|
(10,394,000)
|
178,200,000
|
Investing activities: |
|
|
|
Capital expenditures for property and equipment |
|
(92,591,000)
|
(149,866,000)
|
Purchase of available-for-sale investments |
|
(14,956,000)
|
(70,000,000)
|
Sale of available-for-sale investments |
|
69,956,000
|
112,135,000
|
Other investing activities |
|
(511,000)
|
(1,361,000)
|
Net cash used for investing activities |
|
(38,102,000)
|
(109,092,000)
|
Financing activities: |
|
|
|
Repurchase of common stock as part of publicly announced programs |
|
(20,000,000)
|
(112,381,000)
|
Repurchase of common stock from employees |
|
(5,357,000)
|
(7,980,000)
|
Proceeds from revolving line of credit and convertible notes |
|
736,108,000
|
|
Principal payments on revolving line of credit |
|
(330,000,000)
|
|
Net proceeds from stock options exercised |
|
0
|
2,119,000
|
Cash dividends paid |
|
|
(69,822,000)
|
Other financing activities |
|
(889,000)
|
(83,000)
|
Net cash provided by (used for) financing activities |
|
379,862,000
|
(188,147,000)
|
Effect of exchange rates changes on cash |
|
(940,000)
|
223,000
|
Net change in cash and cash equivalents |
|
330,426,000
|
(118,816,000)
|
Cash and cash equivalents - beginning of period |
|
361,930,000
|
333,330,000
|
Cash and cash equivalents - end of period |
|
$ 692,356,000
|
$ 214,514,000
|
|
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