Wingstop Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent $15.4m $27.3m $21.7m $20.5m $23.3m $42.7m $52.9m $70.2m $108.7m $174.3m
Depreciation, Depletion and Amortization $3.0m $3.4m $4.3m $5.5m $7.5m $7.9m $10.9m $13.2m $19.5m $25.1m
Amortization of Debt Issuance Costs and Discounts $437k $292k $2.0m $1.6m $1.6m $1.4m $1.9m $2.0m $2.1m $3.1m
Amortization of Intangible Assets $1.4m $1.5m $2.2m $2.4m $2.3m $2.3m $2.2m $2.7m $3.3m $4.3m
Depreciation $1.6m $1.9m $2.1m $3.1m $5.2m $5.6m $8.7m $10.6m $16.2m $20.8m
Share-based Payment Arrangement, Noncash Expense $1.2m $1.9m $3.7m $7.0m $8.6m $9.6m $4.2m $15.6m $22.1m $24.9m
Payment, Tax Withholding, Share-based Payment Arrangement $183k $1.1m $340k $1.9m $315k $2.5m $4.4m $13.9m
Share-based Payment Arrangement, Expense $8.6m $9.6m $4.2m $15.6m $22.1m $24.9m
Gain (Loss) on Sale of Assets and Asset Impairment Charges $0 $0 $3.2m $3.5m $1.2m $95k $1.0m $6.5m
Goodwill and Intangible Asset Impairment $0 $0 $0 $0 $0
Goodwill, Impairment Loss $0 $0
Gain (Loss) on Extinguishment of Debt ($13.7m) $0 ($814k) $0 $0 $92.5m
Gain (Loss) on Disposition of Assets $0 $0 $3.1m $3.5m ($1.2m) ($95k) $1.0m ($6.5m)
Income Tax Expense (Benefit) $9.1m $3.8m $5.2m $5.3m $3.6m $16.2m $16.4m $24.1m $38.5m $62.9m
Other Nonoperating Income (Expense) ($254k) $0 ($1.5m) $0 ($573k) ($57k) $2.9m $93.7m
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable ($205k) $1.4m $1.2m ($496k) ($246k) $2.1m $2.5m $2.9m $7.3m $1.2m
Proceeds from Stock Options Exercised $485k $1.3m $517k $689k $925k $748k $3.3m $951k $1.6m $1.4m
Accrued capital expenditures $2.1m $2.5m $4.0m $22.5m $6.1m $28.0m $23.9m $40.8m $51.9m $47.4m
Goodwill $45.1m $46.6m $49.7m $50.2m $53.7m $56.9m $62.5m $67.7m $74.7m $83.9m
Operating Costs and Expenses $156.8m $191.4m $208.7m $265.6m $347.5m $460.2m $517.6m
Operating Expenses $62.2m $69.3m $114.7m
Payments of Financing Costs $1.2m $0 $9.6m $15k $18.6m $0 $5.4m $0 $8.8m $0
Net Cash Provided by (Used in) Operating Activities $22.2m $27.0m $38.8m $38.6m $65.5m $48.9m $76.2m $121.6m $157.6m $153.1m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $2.1m $2.5m $4.0m $22.5m $6.1m $28.0m $23.9m $40.8m $51.9m $47.4m
Payments to Acquire Investments $4.2m $997k $808k $500k $76.5m
Net Cash Provided by (Used in) Investing Activities ($2.1m) ($6.5m) ($10.5m) ($23.7m) ($8.0m) ($29.9m) ($28.7m) ($52.2m) ($62.5m) ($17.5m)
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt $165.0m $3.5m $551.1m $5.0m $496.0m $0 $250.0m $0 $500.0m $0
Repayments of Long-term Debt $109.2m $21.0m $364.9m $7.4m $333.6m $2.4m $3.0m $3.6m $0 $0
Proceeds from Issuance of Common Stock $0 $0
Payments for Repurchase of Common Stock $125.4m $314.7m $221.9m
Dividends paid $83.3m $4.1m $190.7m $11.7m $163.8m $19.8m $141.3m $24.9m $28.9m $32.4m
Payments of Dividends $83.3m $4.1m $190.7m $11.7m $163.8m $19.8m $141.3m $24.9m $28.9m $32.4m
Net Cash Provided by (Used in) Financing Activities ($27.1m) ($20.3m) ($13.7m) ($14.6m) ($19.4m) ($23.4m) $103.3m ($155.5m) $144.8m ($266.7m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $5.7m $6.4m $14.5m $235k $38.1m ($4.4m) $150.8m ($86.0m) $239.9m ($131.1m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents ($8.4m) $699k $20.9m $21.2m $59.3m $54.9m $205.7m $119.7m $359.6m $228.5m
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities $4.8m $4.8m $7.6m $16.9m $14.5m $15.0m $20.5m $22.7m $22.7m $52.1m
Income Taxes Paid, Net $7.2m $10.1m $3.0m $5.4m $7.3m $10.4m $13.6m $27.9m $38.8m $27.4m