National Vision Holdings Inc
For the period ended Sep 28, 2024. Filed Nov 6, 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.
Sep 28, 2024 · Filed Nov 6, 2024
EYE$19.01+0.2%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
Condensed Consolidated Statements of Cash Flows (Unaudited)
| Nine Months Ended | ||
|---|---|---|
| In thousands | September 28, 2024 | September 30, 2023 |
| Cash flows from operating activities: | ||
| Net income (loss) | $92 | $(49,914) |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation and amortization | 69,934 | 74,149 |
| Amortization of debt discount and deferred financing costs | 1,740 | 2,604 |
| Amortization of cloud computing implementation costs | 3,842 | 2,028 |
| Asset impairment | 17,915 | 82,114 |
| Deferred income tax expense (benefit) | (6,921) | (413) |
| Stock-based compensation expense | 11,778 | 15,040 |
| Losses (gains) on change in fair value of derivatives | (34) | (1,942) |
| Inventory adjustments | 3,618 | 2,886 |
| Other | (283) | 2,283 |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | 39,705 | 2,743 |
| Inventories | 28,697 | (311) |
| Operating lease right of use assets and lease liabilities | (1,692) | 59 |
| Other assets | 2,082 | 2,769 |
| Accounts payable | (27,997) | (2,394) |
| Deferred and unearned revenue | (7,225) | 1,218 |
| Other liabilities | (31,884) | 20,353 |
| Net cash provided by operating activities | 103,367 | 153,272 |
| Cash flows from investing activities: | ||
| Purchase of property and equipment | (63,485) | (81,965) |
| Other | 1,117 | (614) |
| Net cash used for investing activities | (62,368) | (82,579) |
| Cash flows from financing activities: | ||
| Repayments on long-term debt | (218,751) | (1,875) |
| Proceeds from issuance of long-term debt | 115,000 | — |
| Proceeds from issuance of common stock | 1,201 | 1,326 |
| Purchase of treasury stock | (2,819) | (27,662) |
| Payments of debt issuance costs | (1,703) | (2,869) |
| Payments on finance lease obligations | (2,279) | (3,085) |
| Net cash used for financing activities | (109,351) | (34,165) |
| Net change in cash, cash equivalents and restricted cash | (68,352) | 36,528 |
| Cash, cash equivalents and restricted cash, beginning of year | 151,027 | 230,624 |
| Cash, cash equivalents and restricted cash, end of period | $82,675 | $267,152 |
| Supplemental cash flow disclosure information: | ||
| Cash paid for interest | $7,600 | $6,378 |
| Cash paid for taxes | $5,996 | $6,338 |
| Capital expenditures accrued at the end of the period | $9,063 | $8,969 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.