DILLARD'S, INC.

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income From Continuing Operations $891.6m $738.8m $593.5m $570.2m
Net Income (Loss) Attributable to Parent $169.2m $221.3m $170.3m $111.1m ($71.7m) $862.5m $891.6m $738.8m $593.5m $570.2m
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $862.5m $891.6m $738.8m $593.5m
Depreciation and amortization $243.7m $231.6m $223.8m $222.3m $213.4m $199.3m $188.4m $179.6m $177.9m $180.9m
Depreciation, Depletion and Amortization, Nonproduction $243.7m $231.6m $223.8m $222.3m $213.4m $199.3m $188.4m $179.6m $177.9m
Amortization of Debt Issuance Costs $1.6m $1.3m $977k $945k $2.0m $1.2m $709k $712k $714k
Depreciation Amortization Depletion $190.0m $181.2m $179.5m $180.9m
Deferred Income Tax Expense (Benefit) ($35.7m) ($102.1m) $334k ($5.4m) ($23.9m) ($7.4m) ($15.3m) ($17.7m) ($9.0m)
Deferred Income Tax ($15.3m) ($17.7m) ($9.0m) ($7.3m)
Deferred Tax ($15.3m) ($17.7m) ($9.0m) ($7.3m)
Asset Impairment Charge $0 $0
Gain (Loss) on Disposition of Assets $905k $4.9m ($48k) $20.3m ($2.2m) $24.7m $21.0m $6.1m $475k
Income Tax Expense (Benefit) $88.5m ($7.8m) $37.7m $22.8m ($81.8m) $225.9m $217.8m $177.8m $136.2m
Interest Expense Nonoperating $40.6m $39.9m
Operating Lease, Expense $28.6m $26.4m $22.2m $22.6m $23.2m $21.6m $21.4m
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable $1.1m ($8.9m) $11.4m ($3.7m) ($9.5m) $3.1m $17.2m $3.6m ($4.8m)
Increase (Decrease) in Other Operating Assets ($5.8m) ($2.2m) $10.4m $9.6m ($11.8m) ($23.8m) ($5.4m) ($7.8m) $2.3m
Accrued capital expenditures $104.8m $130.5m $137.1m $103.4m $60.5m $104.4m $120.1m $132.9m $104.6m
Insured Event, Gain (Loss) $1.6m $5.9m $0 $0 $548k $160k
Investment Income, Interest $663k $842k $1.0m $1.3m $505k $1.8m $12.8m $45.2m $53.6m
Payments of Financing Costs $0 $1.1m $0 $0 $3.2m $3.0m
Beginning Cash Position $716.8m $660.3m $808.3m $717.9m
Cash Flow From Continuing Financing Activities ($769.0m) ($620.0m) ($534.8m) ($595.9m)
Cash Flow From Continuing Investing Activities ($235.9m) ($115.6m) ($269.7m) $22.5m
Change In Account Payable ($28.6m) ($22.5m) $36.5m ($2.3m)
Change In Income Tax Payable ($1.3m) $5.4m ($2.4m) ($4.6m)
Change In Inventory ($40.0m) $26.2m ($78.0m) ($29.1m)
Change In Other Current Assets ($6.5m) ($12.5m) $1.5m $22.3m
Change In Payable ($29.8m) ($17.1m) $34.1m ($6.8m)
Change In Payables And Accrued Expense ($29.8m) ($17.1m) $34.1m ($6.8m)
Change In Receivables ($17.2m) ($3.6m) $4.8m $16.0m
Change In Tax Payable ($1.3m) $5.4m ($2.4m) ($4.6m)
Change In Working Capital ($93.6m) ($7.0m) ($37.6m) $2.4m
Changes In Account Receivables ($17.2m) ($3.6m) $4.8m $16.0m
Changes In Cash ($56.4m) $148.0m ($90.4m) $143.6m
End Cash Position $660.3m $808.3m $717.9m $861.5m
Financing Cash Flow ($769.0m) ($620.0m) ($534.8m) ($595.9m)
Free Cash Flow $828.3m $750.6m $609.6m $623.6m
Investing Cash Flow ($235.9m) ($115.6m) ($269.7m) $22.5m
Net Business Purchase And Sale $0 $0 ($34.3m)
Net PPE Purchase And Sale ($120.1m) ($132.9m) ($104.6m) ($93.4m)
Operating Gains Losses ($21.0m) ($6.1m) ($475k) ($20.4m)
Other Non Cash Items ($3.4m) ($5.7m) ($11.8m) ($8.8m)
Purchase Of Business $0 $0 ($34.3m)
Purchase Of PPE ($120.1m) ($132.9m) ($104.6m) ($93.4m)
Repurchase Of Capital Stock ($452.9m) ($281.4m) ($121.0m) ($107.8m)
Net Cash Provided by (Used in) Operating Activities $517.0m $274.3m $367.3m $365.1m $252.9m $1.3b $948.4m $883.6m $714.1m $717.0m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $104.8m $130.5m $137.1m $103.4m $60.5m $104.4m $120.1m $132.9m $104.6m ($93.4m)
Net Investment Purchase And Sale ($145.7m) $6.5m ($165.9m) $123.0m
Purchase Of Investment ($245.7m) ($295.4m) ($696.7m) ($534.6m)
Sale Of Investment $100.0m $301.9m $530.9m $657.6m
Net Other Investing Changes $29.9m $10.8m $703k $27.3m
Net Cash Provided by (Used in) Investing Activities ($119.6m) ($110.2m) ($127.7m) ($68.1m) ($48.4m) ($69.8m) ($235.9m) ($115.6m) ($269.7m)
Cash flows from financing activities:
Net Issuance Payments Of Debt ($695k) ($44.8m) $0 $0
Net Long Term Debt Issuance ($695k) ($44.8m) $0 $0
Long Term Debt Payments ($695k) ($44.8m) $0 $0
Repayment Of Debt ($695k) ($44.8m) $0 $0
Net Common Stock Issuance ($452.9m) ($281.4m) ($121.0m) ($107.8m)
Payments for Repurchase of Common Stock $240.2m $223.0m $129.9m $130.9m $102.9m $544.9m $452.9m $281.4m $121.0m
Payments of Ordinary Dividends, Common Stock $9.8m $9.4m $11.1m $11.5m $14.0m $305.2m $271.3m $338.6m $413.8m
Common Stock Payments ($452.9m) ($281.4m) ($121.0m) ($107.8m)
Payments of Dividends $9.8m $9.4m $11.1m $11.5m $14.0m $305.2m $271.3m $338.6m $413.8m
Cash Dividends Paid ($271.3m) ($338.6m) ($413.8m) ($484.9m)
Common Stock Dividend Paid ($271.3m) ($338.6m) ($413.8m) ($484.9m)
Dividends Received CFI $1.5m $0 $0
Net Other Financing Charges ($3.0m) ($3.3m)
Net Cash Provided by (Used in) Financing Activities ($253.2m) ($324.0m) ($303.1m) ($143.4m) ($121.3m) ($853.8m) ($769.0m) ($620.0m) ($534.8m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $187.0m $123.5m $277.1m $360.3m $716.8m $660.3m $808.3m $717.9m
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported ($56.4m) $148.0m ($90.4m) $143.6m
Income Taxes Paid, Net $93.6m $234.9m $183.8m $150.5m

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.