← BJ's Wholesale Club Holdings, Inc.
| Annual Trend | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | FY 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net income | $50.3m | $127.3m | $187.2m | $421.0m | $426.7m | $513.2m | $523.7m | $534.4m | $578.4m | — | |
| Net Income (Loss) Attributable to Parent | $50.3m | $127.3m | $187.2m | $421.0m | $426.7m | $513.2m | $523.7m | $534.4m | $578.4m | $44.2m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $52.0m | $127.1m | $187.8m | $421.2m | $426.8m | $514.3m | $523.7m | $534.4m | $578.4m | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | ($581k) | ($152k) | ($108k) | ($1.1m) | $89k | $0 | $0 | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | ($1.7m) | $169k | — | — | — | — | — | — | — | — | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $50.3m | — | — | — | — | — | — | — | — | — | |
| Amortization of Debt Issuance Costs | $4.1m | $3.3m | $2.7m | $2.5m | $2.2m | $1.7m | — | — | — | — | |
| Amortization of Debt Issuance Costs and Discounts | $8.5m | $6.6m | $5.2m | $4.4m | $3.4m | $2.8m | $1.2m | $1.1m | — | — | |
| Amortization of Intangible Assets | $26.0m | $21.8m | — | — | — | — | — | — | — | — | |
| Amortization of debt issuance costs and accretion of original issue discount | $8.5m | $6.6m | $5.2m | $4.4m | $3.4m | $2.8m | $1.2m | $1.1m | $1.1m | $17.1m | |
| Depreciation | $138.0m | $140.4m | $143.5m | $155.6m | $170.1m | $191.7m | $219.8m | $255.5m | $288.6m | $178.3m | |
| Depreciation and amortization | $164.1m | $162.2m | $157.0m | $167.5m | $180.5m | $200.9m | $227.7m | $262.1m | $288.6m | $178.3m | |
| Depreciation, Depletion and Amortization, Nonproduction | $164.1m | $162.2m | $157.0m | $167.5m | $180.5m | $200.9m | $227.7m | $262.1m | $288.6m | — | |
| Deferred Income Tax Expense (Benefit) | ($35.6m) | ($12.3m) | $10.2m | ($9.2m) | ($507k) | ($1.9m) | $25.6m | ($18.5m) | — | — | |
| Deferred income tax provision (benefit) | ($35.6m) | ($12.3m) | $10.2m | ($9.2m) | ($507k) | ($1.9m) | $25.6m | ($18.5m) | $7.8m | ($23.5m) | |
| Goodwill, Impairment Loss | $0 | $0 | — | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Operating Lease, Impairment Loss | — | — | $9.6m | $0 | $0 | $1.2m | $0 | — | — | — | |
| Share-based Payment Arrangement, Expense | $9.1m | $57.7m | $18.8m | $32.2m | $53.8m | $42.6m | $39.0m | $47.8m | — | — | |
| Share-based Payment Arrangement, Noncash Expense | $9.1m | $57.7m | $18.8m | $32.1m | $53.8m | $42.6m | $39.0m | $47.8m | — | — | |
| Changes in operating leases and other non-cash items | $3.9m | $2.4m | $2.0m | $9.4m | $9.2m | $27.7m | ($21.7m) | $42.6m | $7.1m | — | |
| Gain (Loss) on Extinguishment of Debt | ($21.1m) | ($25.4m) | ($3.8m) | ($4.1m) | ($657k) | ($3.3m) | ($1.8m) | ($870k) | — | — | |
| Income Tax Expense (Benefit) | ($28.4m) | $11.8m | $56.2m | $136.8m | $131.1m | $176.3m | $212.2m | $186.4m | $195.8m | — | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Accounts payable | $36.1m | $68.9m | ($20.9m) | $201.7m | $124.7m | $82.9m | ($12.4m) | $70.2m | $53.9m | ($29.3m) | |
| Accounts receivable, net | ($24.5m) | ($4.0m) | ($12.1m) | $33.6m | ($1.2m) | ($61.0m) | $10.8m | ($51.6m) | $24.8m | $26.5m | |
| Accrued capital expenditures | $137.5m | $145.9m | $196.9m | $218.3m | $323.6m | $397.8m | $467.1m | $588.0m | — | — | |
| Accrued expenses and other current liabilities | — | — | — | $97.7m | $81.4m | $4.8m | $33.4m | $94.7m | $111.4m | — | |
| Acquisition of treasury stock | ($2.0m) | ($19.1m) | ($67.3m) | ($106.2m) | ($194.3m) | ($172.3m) | ($155.2m) | ($219.6m) | ($286.8m) | ($1.4m) | |
| Additions to property and equipment, net of disposals | ($137.5m) | ($145.9m) | ($196.9m) | ($218.3m) | ($323.6m) | ($397.8m) | ($467.1m) | ($588.0m) | ($702.0m) | — | |
| Asset Retirement Obligation, Accretion Expense | $959k | $1.0m | $1.1m | $1.3m | $1.4m | $1.5m | $2.2m | $797k | — | — | |
| Debt extinguishment and refinancing charges | $9.8m | $23.6m | $2.2m | $4.1m | $657k | $3.3m | $1.8m | $870k | $0 | $0 | |
| Goodwill | $924.1m | $924.1m | $924.1m | $924.1m | $924.1m | $1.0b | $1.0b | $1.0b | $1.0b | — | |
| Increase (Decrease) in Accounts Payable | $36.1m | $68.9m | ($30.5m) | $201.7m | $124.7m | $82.9m | ($12.4m) | $70.2m | — | — | |
| Increase (Decrease) in Accounts Receivable | $24.5m | $4.0m | $12.1m | ($33.6m) | $1.2m | $61.0m | ($10.8m) | $51.6m | — | — | |
| Increase (Decrease) in Inventories | ($12.7m) | $33.2m | $29.2m | $124.2m | $37.2m | $47.5m | $76.3m | $54.2m | — | — | |
| Merchandise inventories | $12.7m | ($33.2m) | ($29.2m) | ($124.2m) | ($37.2m) | ($47.5m) | ($76.3m) | ($54.2m) | ($46.5m) | $30.0m | |
| Net cash received from ESPP | — | — | — | — | $3.8m | $4.8m | $6.3m | $7.0m | $8.7m | — | |
| Net cash received from stock option exercises | $858k | ($14.2m) | $11.1m | $18.0m | $18.7m | $8.4m | $2.6m | $18.3m | $5.0m | $377k | |
| Other assets | $967k | $874k | $1.7m | ($1.7m) | ($4.3m) | ($6.6m) | ($13.7m) | ($10.9m) | ($2.4m) | $2.0m | |
| Other non-current liabilities | $7.0m | ($2.5m) | ($8.6m) | $35.7m | $4.5m | $22.9m | ($5.7m) | ($19.0m) | $29.9m | $12.1m | |
| Payments on revolving lines of credit | $1.5b | ($1.5b) | ($1.3b) | ($1.1b) | ($260.0m) | ($997.0m) | ($828.0m) | ($861.0m) | ($531.0m) | ($1.3b) | |
| Prepaid expenses and other current assets | ($47.9m) | $26.3m | $22.2m | ($3.5m) | ($10.0m) | $4.1m | ($14.6m) | $1.3m | ($71.2m) | $16.2m | |
| Proceeds from Stock Options Exercised | — | — | — | — | — | $8.4m | $2.6m | $18.3m | — | — | |
| Proceeds from financing obligations | — | $0 | $4.2m | $5.1m | $7.7m | $15.4m | $26.6m | $27.3m | $27.8m | — | |
| Proceeds from revolving lines of credit | $1.6b | $1.6b | $1.4b | $996.0m | $0 | $1.4b | $742.0m | $717.0m | $476.0m | $1.2b | |
| Proceeds from sale-leaseback transactions | — | $0 | $21.6m | $25.9m | $19.1m | $27.3m | $12.3m | $0 | $3.0m | — | |
| Property additions included in accrued expenses | $19.4m | $13.8m | $11.2m | $13.1m | $29.6m | $37.6m | $38.5m | $38.4m | $61.4m | $16.9m | |
| Stock-based compensation expense | $9.1m | $57.7m | $18.8m | $32.1m | $53.8m | $42.6m | $39.0m | $47.8m | $47.2m | $11.8m | |
| Treasury stock repurchases included in accrued expenses | — | — | — | — | $1.7m | $0 | $3.4m | $1.6m | $2.1m | — | |
| Unrealized Gain (Loss) on Derivatives | $0 | — | — | — | — | — | — | — | — | — | |
| Net cash provided by operating activities | $210.1m | $427.1m | $355.1m | $868.5m | $831.7m | $788.2m | $718.9m | $900.9m | $1.0b | — | |
| Net Cash Provided by (Used in) Operating Activities | $210.1m | $427.1m | $355.1m | $868.5m | $831.7m | $788.2m | $718.9m | $900.9m | $1.0b | $297.4m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $137.5m | $145.9m | $196.9m | $218.3m | $323.6m | $397.8m | $467.1m | $588.0m | ($702.0m) | $6.5m | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | $0 | $376.5m | $0 | — | — | — | |
| Other investing activities | — | — | — | — | — | $0 | $0 | ($1.6m) | ($3.3m) | — | |
| Payments for (Proceeds from) Other Investing Activities | — | — | — | — | — | — | $0 | $1.6m | — | — | |
| Net cash used in investing activities | ($137.5m) | ($145.9m) | ($175.3m) | ($192.4m) | ($304.5m) | ($747.1m) | ($454.8m) | ($589.6m) | ($702.3m) | — | |
| Net Cash Provided by (Used in) Investing Activities | ($137.5m) | ($145.9m) | ($175.3m) | ($192.4m) | ($304.5m) | ($747.1m) | ($454.8m) | ($589.6m) | ($702.3m) | ($114.8m) | |
| Cash flows from financing activities: | |||||||||||
| Debt issuance costs paid | ($24.6m) | ($982k) | ($21k) | $0 | $0 | ($4.8m) | ($1.7m) | ($800k) | $0 | ($754k) | |
| Proceeds from Issuance of Long-term Debt | $547.5m | — | — | — | $0 | — | — | — | — | — | |
| Proceeds from the issuance of long-term debt | — | — | — | $0 | $0 | $67.6m | $305.0m | $27.0m | $0 | — | |
| Payments on long-term debt | — | ($36.2m) | ($14.8m) | ($3.3m) | $0 | ($50.0m) | ($355.0m) | ($27.0m) | $0 | — | |
| Repayments of Long-term Debt | $14.4m | — | — | — | — | — | — | — | — | — | |
| Payments for Repurchase of Common Stock | $2.0m | $19.1m | $67.3m | $106.2m | $194.3m | $172.3m | $155.2m | $219.6m | — | — | |
| Dividends paid | $735.5m | $25k | $25k | $25k | $25k | $25k | $25k | — | — | — | |
| Payments of Dividends | $735.5m | $25k | $25k | $25k | $25k | $25k | $25k | — | — | — | |
| Other financing activities | ($2.8m) | ($40k) | $0 | $0 | ($1.1m) | ($6.1m) | ($4.6m) | ($7.2m) | ($9.4m) | $407k | |
| Proceeds from (Payments for) Other Financing Activities | ($2.8m) | ($40k) | $0 | — | ($1.1m) | ($6.1m) | ($4.6m) | ($7.3m) | — | — | |
| Net cash used in financing activities | ($69.6m) | ($289.0m) | ($176.8m) | ($662.8m) | ($525.2m) | ($52.6m) | ($262.0m) | ($319.1m) | ($309.7m) | — | |
| Net Cash Provided by (Used in) Financing Activities | ($69.6m) | ($289.0m) | ($176.8m) | ($662.8m) | ($525.2m) | ($52.6m) | ($262.0m) | ($319.1m) | ($309.7m) | ($188.1m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | ($7.8m) | $3.1m | $13.3m | $1.9m | ($11.5m) | $2.1m | ($7.8m) | — | — | |
| Net increase (decrease) in cash and cash equivalents | $3.0m | ($7.8m) | $3.1m | $13.3m | $1.9m | ($11.5m) | $2.1m | ($7.8m) | $18.0m | ($5.4m) | |
| Cash and cash equivalents, beginning of period | $35.0m | $27.1m | $30.2m | $43.5m | $45.4m | $33.9m | $36.0m | $28.3m | $46.2m | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $27.1m | $30.2m | $43.5m | $45.4m | $33.9m | $36.0m | $28.3m | — | — | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $152.2m | $152.9m | $96.9m | $65.3m | $45.1m | $36.6m | $59.1m | $42.5m | $32.2m | $126.9m | |
| Interest paid | $152.2m | $152.9m | $96.9m | $65.3m | $45.1m | $36.6m | $59.1m | $42.5m | $32.2m | — | |
| Income Taxes Paid, Net | — | — | — | — | — | — | — | $191.4m | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.