RUBY TUESDAY INC (RT)Statement of CASH FLOW | | | | | | |
Fiscal year ends in May. USD in millionsexcept per share data. | 2010-05 | 2011-05 | 2012-05 | 2013-05 | 2014-05 | TTM |
Cash Flows From Operating Activities | | | | | | |
Net income | 45 | 47 | 0 | -39 | -64 | -8 |
Depreciation & amortization | 64 | 64 | 68 | 63 | 57 | 53 |
Amortization of debt discount/premium andissuance costs | | | 0 | -1 | | |
Investment/asset impairment charges | 3 | 7 | 31 | 44 | 25 | 11 |
Deferred income taxes | 20 | -1 | -20 | -16 | 2 | -1 |
Stock based compensation | 7 | 8 | 6 | 4 | 8 | 7 |
Inventory | -8 | -2 | 6 | -2 | 10 | 0 |
Prepaid expenses | -2 | -1 | -1 | -2 | -1 | -3 |
Income taxes payable | 10 | -4 | 2 | -1 | 0 | 2 |
Other working capital | -3 | 5 | 19 | -19 | -6 | -26 |
Other non-cash items | 4 | -5 | 2 | 4 | 16 | 9 |
Net cash provided by operatingactivities | 140 | 116 | 112 | 36 | 45 | 44 |
Cash Flows From Investing Activities | | | | | | |
Investments in property, plant, andequipment | -18 | -27 | -38 | -37 | -28 | -27 |
Property, plant, and equipmentreductions | | | 6 | | | |
Acquisitions, net | | -4 | -24 | | | |
Other investing activities | 8 | 6 | 22 | 59 | 22 | 16 |
Net cash used for investingactivities | -9 | -24 | -34 | 22 | -6 | -11 |
Cash Flows From Financing Activities | | | | | | |
Debt issued | | | 246 | | | |
Debt repayment | -204 | -91 | -263 | -27 | -40 | -16 |
Common stock issued | 73 | | | | | |
Common stock repurchased | | | -18 | -30 | -1 | 0 |
Excess tax benefit from stock basedcompensation | | 1 | 0 | 0 | 0 | 0 |
Other financing activities | | -1 | -5 | 4 | 0 | 0 |
Net cash provided by (used for) financingactivities | -131 | -92 | -40 | -53 | -41 | -16 |
Net change in cash | 0 | 0 | 38 | 5 | -2 | 17 |
Cash at beginning of period | 10 | 10 | 10 | 48 | 53 | 44 |
Cash at end of period | 10 | 10 | 48 | 53 | 51 | 61 |
Free Cash Flow | | | | | | |
Operating cash flow | 140 | 116 | 112 | 36 | 45 | 44 |
Capital expenditure | -18 | -27 | -38 | -37 | -28 | -27 |
Free cash flow | 123 | 90 | 74 | -1 | 17 | 17 |