BJs Wholesale Club Holdings Inc
For the period ended Aug 3, 2024. Filed Aug 29, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Aug 3, 2024 · Filed Aug 29, 2024
BJ$110.40+0.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows
(Amounts in thousands)
| Twenty-six Weeks Ended | ||
|---|---|---|
| August 3, 2024 | July 29, 2023 | |
| CASH FLOWS FROM OPERATING ACTIVITIES | ||
| Net income | $256,007 | $247,402 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation and amortization | 128,559 | 109,015 |
| Amortization of debt issuance costs and accretion of original issue discount | 554 | 655 |
| Stock-based compensation expense | 18,926 | 19,631 |
| Deferred income tax (benefit) provision | (3,274) | 10,641 |
| Changes in operating leases and other non-cash items | 6,479 | 762 |
| Increase (decrease) in cash due to changes in: | ||
| Accounts receivable, net | (20,006) | 39,797 |
| Merchandise inventories | (91,389) | (161,957) |
| Prepaid expenses and other current assets | (3,002) | (14,083) |
| Other assets | (6,548) | (8,038) |
| Accounts payable | 102,452 | 30,793 |
| Accrued expenses and other current liabilities | 34,312 | (3,606) |
| Other non-current liabilities | (872) | (1,512) |
| Net cash provided by operating activities | 422,198 | 269,500 |
| CASH FLOWS FROM INVESTING ACTIVITIES | ||
| Additions to property and equipment, net of disposals | (239,620) | (214,240) |
| Proceeds from sale-leaseback transactions | — | 5,988 |
| Net cash used in investing activities | (239,620) | (208,252) |
| CASH FLOWS FROM FINANCING ACTIVITIES | ||
| Proceeds from revolving lines of credit | 366,000 | 312,000 |
| Payments on revolving lines of credit | (468,000) | (306,000) |
| Net cash received from stock option exercises | 15,463 | 1,571 |
| Net cash received from ESPP | 3,411 | 3,255 |
| Acquisition of treasury stock | (99,965) | (87,271) |
| Proceeds from financing obligations | 6,008 | 9,058 |
| Other financing activities | (3,486) | (1,566) |
| Net cash used in financing activities | (180,569) | (68,953) |
| Net increase (decrease) in cash and cash equivalents | 2,009 | (7,705) |
| Cash and cash equivalents at beginning of period | 36,049 | 33,915 |
| Cash and cash equivalents at end of period | $38,058 | $26,210 |
| Supplemental cash flow information: | ||
| Interest paid | $22,961 | $28,509 |
| Income taxes paid | 96,412 | 113,016 |
| Operating lease liabilities arising from obtaining right-of-use assets and other non-cash lease-related operating items | 104,306 | 111,465 |
| Non-cash financing and investing activities: | ||
| Finance lease liabilities arising from obtaining right-of-use assets | 758 | 1,449 |
| Property additions included in accrued expenses | 40,739 | 30,535 |
| Treasury stock repurchases included in accrued expenses | 1,150 | — |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.