Michaels Companies
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Michaels Companies generated cash of $1,222,436,000, which is more than the previous year. Cash used in financing activities reached the amount of -$475,000 last year. Net change in cash is therefore $784,425,000.
Cash Flow
| 2011 | 438M | -83M | -253M |
|---|---|---|---|
| 2012 | 409M | -109M | -248M |
| 2016 | 504.04M | -128.92M | -344.03M |
| 2018 | 523.61M | -127.83M | -268.69M |
| 2019 | 444.25M | -145.38M | -478.87M |
| 2021 | 1.22B | -161.12M | -475K |
MIK Cash Flow Statement (2011 – 2020)
| 2020 | 2019 | 2018 | 2015 | 2012 | 2011 | |
|---|---|---|---|---|---|---|
Cash at beginning of period | 409.96M | 425.89M | 298.81M | 378.29M | 319M | 217M |
Operating activities | ||||||
Net income | 294.93M | 319.54M | 390.49M | 362.91M | 157M | 103M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||
Depreciation and amortization | 130.30M | 124.27M | 118.91M | 114.75M | 101M | 103M |
Stock-based compensation expense | 25.01M | 27.08M | 24.26M | 15.06M | 41M | 8M |
| Deferred income tax benefit | 25.01M | 27.08M | 24.26M | 15.06M | 41M | 8M |
| Changes in operating assets and liabilities: | ||||||
Accounts receivable, net | 14.62M | -14.1M | -2.99M | -552.00M | 0 | 0 |
Inventories | 88.18M | -63.89M | 5.28M | -44.21M | -19M | 47M |
Accounts payable | 389.75M | -10.46M | -38.02M | 24.21M | 38M | 36M |
Cash generated by operating activities | 1.22B | 444.25M | 523.61M | 504.04M | 409M | 438M |
Investing activities | ||||||
Purchases Of Investments | 0 | -456.58M | -253.75M | -26.97M | 0 | 0 |
Investments In Property Plant And Equipment | -162.00M | -145.38M | -127.83M | -123.92M | -109M | -81M |
Acquisitions Net | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -161.12M | -145.38M | -127.83M | -128.92M | -109M | -83M |
Financing activities | ||||||
Common Stock Issued | 0 | 0 | 0 | 0 | 0 | 0 |
Payments for dividends | 0 | -317K | -408K | -492K | 0 | 0 |
Repurchases of common stock | -91.11M | -452.54M | -237.16M | 678K | 0 | 0 |
Repayments of term debt | -26.81M | 0 | -31.12M | 0 | -372M | -1.06B |
Cash used in financing activities | -475K | -478.87M | -268.69M | -344.03M | -248M | -253M |
Net Change In Cash | 784.42M | -180.00M | 127.08M | 31.09M | 52M | 102M |
Cash at end of period | 1.19B | 245.88M | 425.89M | 409.39M | 371M | 319M |
| Data source | Data source | Data source | Data source |