Childrens Place Inc
For the period ended Aug 3, 2024. Filed Sep 11, 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 Sep 11, 2024
PLCE$0.18-4.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Cash Flows
| Twenty-six Weeks Ended | ||
|---|---|---|
| August 3,2024 | July 29,2023 | |
| (in thousands) | ||
| CASH FLOWS FROM OPERATING ACTIVITIES: | ||
| Net loss | $(69,909) | $(64,188) |
| Reconciliation of net loss to net cash used in operating activities: | ||
| Non-cash portion of operating lease expense | 39,184 | 37,757 |
| Depreciation and amortization | 21,140 | 23,801 |
| Non-cash stock-based compensation expense (benefit), net | 11,361 | (1,679) |
| Asset impairment charges | 28,000 | 2,532 |
| Deferred income tax provision | — | 828 |
| Other non-cash charges, net | 1,072 | 331 |
| Changes in operating assets and liabilities: | ||
| Inventories | (159,211) | (88,959) |
| Accounts receivable and other assets | (27,831) | 19,215 |
| Prepaid expenses and other current assets | (5,050) | (798) |
| Income taxes payable, net of prepayments | 4,016 | (23,334) |
| Accounts payable and other current liabilities | (861) | 105,912 |
| Lease liabilities | (36,461) | (41,886) |
| Other long-term liabilities | (137) | (2,237) |
| Net cash used in operating activities | (194,687) | (32,705) |
| CASH FLOWS FROM INVESTING ACTIVITIES: | ||
| Capital expenditures | (12,478) | (18,152) |
| Change in deferred compensation plan | — | (109) |
| Net cash used in investing activities | (12,478) | (18,261) |
| CASH FLOWS FROM FINANCING ACTIVITIES: | ||
| Borrowings under revolving credit facility | 618,891 | 317,144 |
| Repayments under revolving credit facility | (528,951) | (256,588) |
| Purchase and retirement of common stock, including shares surrendered for tax withholdings and transaction costs | (566) | (6,964) |
| Proceeds from issuance of related party term loans | 168,600 | — |
| Repayment of term loan | (50,000) | — |
| Payment of debt issuance costs | (4,322) | (623) |
| Net cash provided by financing activities | 203,652 | 52,969 |
| Effect of exchange rate changes on cash and cash equivalents | (553) | 154 |
| Net (decrease) increase in cash and cash equivalents | (4,066) | 2,157 |
| Cash and cash equivalents, beginning of period | 13,639 | 16,689 |
| Cash and cash equivalents, end of period | $9,573 | $18,846 |
| SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION: | ||
| Net cash (received) paid for income taxes | $(527) | $5,944 |
| Cash paid for interest | 13,184 | 12,563 |
| SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITIES: | ||
| Purchases of property and equipment not yet paid | 2,144 | 7,344 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.