|
Net income
|
|
($6.7m)
|
($15.2m)
|
$14.7m
|
$45.9m
|
$28.2m
|
$23.9m
|
$11.6m
|
$4.1m
|
|
Depreciation and amortization of property and equipment
|
|
$2.9m
|
$4.9m
|
$6.1m
|
$7.2m
|
$10.5m
|
$12.2m
|
$14.3m
|
$14.9m
|
|
Amortization of other intangible assets
|
|
$199k
|
$264k
|
$513k
|
$705k
|
$388k
|
$429k
|
$418k
|
$319k
|
|
Amortization of deferred financing fees
|
|
$121k
|
$73k
|
$88k
|
$91k
|
$164k
|
$159k
|
$127k
|
$73k
|
|
Deferred income taxes
|
|
$531k
|
$1.5m
|
$3.6m
|
($9.8m)
|
$416k
|
($2.1m)
|
($4.5m)
|
$1.9m
|
|
Impairment of long-lived assets
|
|
—
|
$0
|
$245k
|
$554k
|
$0
|
$0
|
$0
|
$1.5m
|
|
Net loss on disposal of property and equipment
|
|
$255k
|
($167k)
|
$5k
|
$464k
|
$45k
|
$235k
|
$140k
|
$466k
|
|
Operating lease liabilities
|
|
—
|
$0
|
$0
|
($14.4m)
|
($18.3m)
|
($14.0m)
|
($19.5m)
|
($24.9m)
|
|
Gain on lease termination
|
|
—
|
—
|
—
|
$0
|
$0
|
($131k)
|
$0
|
($167k)
|
|
Equity based compensation
|
|
$3.3m
|
$5.2m
|
$4.7m
|
$5.9m
|
$10.4m
|
$4.2m
|
$7.9m
|
$5.5m
|
|
Non-cash lease expense
|
|
—
|
$0
|
$0
|
$15.0m
|
$19.3m
|
$22.6m
|
$25.2m
|
$27.1m
|
|
Trade accounts receivable
|
|
($1.1m)
|
($3.2m)
|
$2.7m
|
($4.0m)
|
($921k)
|
($4.4m)
|
($3.3m)
|
$5.0m
|
|
Merchandise inventories
|
|
($14.5m)
|
($10.2m)
|
($14.0m)
|
($56.8m)
|
($11.5m)
|
$21.2m
|
($25.9m)
|
$18.0m
|
|
Prepaid expenses and other current assets
|
|
$129k
|
($2.1m)
|
($2.1m)
|
($2.5m)
|
$890k
|
($164k)
|
($6.1m)
|
$5.0m
|
|
Other assets
|
|
—
|
—
|
$0
|
$0
|
($21.5m)
|
($6.3m)
|
($4.2m)
|
$486k
|
|
Accounts payable
|
|
—
|
—
|
—
|
—
|
($12.8m)
|
$2.7m
|
$22.4m
|
($8.9m)
|
|
Accrued expenses and other payables
|
|
$7.7m
|
$7.2m
|
$19.6m
|
$39.2m
|
($33.0m)
|
$16.7m
|
$17.5m
|
($1.5m)
|
|
Customer deposits
|
|
$151k
|
$594k
|
$4.3m
|
$7.3m
|
($6.6m)
|
$1.5m
|
$3.0m
|
$294k
|
|
Other liabilities
|
|
—
|
—
|
—
|
$0
|
$0
|
$452k
|
($28k)
|
$40k
|
|
Purchase of property and equipment
|
|
($10.7m)
|
($10.3m)
|
($8.4m)
|
($15.9m)
|
($25.2m)
|
($28.7m)
|
($21.0m)
|
($23.1m)
|
|
Payments for patents and trademarks
|
|
($615k)
|
($674k)
|
($678k)
|
($601k)
|
($307k)
|
($475k)
|
($491k)
|
($885k)
|
|
Proceeds from the line of credit
|
|
—
|
—
|
—
|
$0
|
$0
|
$255k
|
$0
|
$0
|
|
Payments on the line of credit
|
|
—
|
—
|
—
|
$0
|
$0
|
($255k)
|
$0
|
$0
|
|
Payment of deferred financing costs
|
|
($292k)
|
$0
|
($50k)
|
$0
|
($277k)
|
($52k)
|
($303k)
|
($12k)
|
|
Asset acquisitions not yet paid for at period end
|
|
—
|
—
|
$0
|
$0
|
$4.1m
|
$1.6m
|
$1.2m
|
$1.8m
|
|
Leasehold improvements acquired through lease incentive
|
|
—
|
—
|
—
|
—
|
—
|
$0
|
$0
|
$1.8m
|
|
Excise tax on share repurchases, accrued but not paid
|
|
$18k
|
$43k
|
$86k
|
$1.1m
|
$10.7m
|
$0
|
$183k
|
$46k
|
|
Net cash provided by operating activities
|
|
($7.0m)
|
($11.2m)
|
$40.5m
|
$34.0m
|
($21.4m)
|
$76.4m
|
$39.0m
|
$49.3m
|
|
Net cash used in investing activities
|
|
($11.4m)
|
($10.7m)
|
($9.1m)
|
($16.5m)
|
($25.5m)
|
($29.2m)
|
($21.5m)
|
($24.0m)
|
|
Repurchases of common stock
|
|
—
|
—
|
—
|
—
|
$0
|
$0
|
($19.9m)
|
($6.0m)
|
|
Net cash used in financing activities
|
|
$58.3m
|
$21.3m
|
($1.7m)
|
($3.5m)
|
($1.9m)
|
($3.7m)
|
($20.8m)
|
($7.2m)
|
|
Net change in cash and cash equivalents
|
|
—
|
($532k)
|
$29.8m
|
$14.1m
|
($48.9m)
|
$43.5m
|
($3.3m)
|
$18.1m
|
|
Cash and cash equivalents - Beginning
|
|
$9.2m
|
$49.1m
|
$48.5m
|
$92.4m
|
$43.5m
|
$87.0m
|
$83.7m
|
$101.9m
|
|
Cash paid for interest
|
|
$61k
|
$63k
|
$85k
|
$95k
|
$192k
|
$146k
|
$112k
|
$122k
|
|
Taxes paid for net share settlement of equity awards
|
|
($383k)
|
($4.3m)
|
($1.7m)
|
($3.6m)
|
($1.7m)
|
($3.7m)
|
($530k)
|
($1.2m)
|
|
Cash paid for taxes
|
|
$18k
|
$43k
|
$86k
|
$1.1m
|
$10.7m
|
$1.8m
|
$8.4m
|
$10.0m
|