Stock Analysis on Net

GameStop Corp. (NYSE:GME)

This company has been moved to the archive! The financial data has not been updated since June 1, 2022.

Cash Flow Statement

The cash flow statement provides information about a company cash receipts and cash payments during an accounting period, showing how these cash flows link the ending cash balance to the beginning balance shown on the company balance sheet.

The cash flow statement consists of three parts: cash flows provided by (used in) operating activities, cash flows provided by (used in) investing activities, and cash flows provided by (used in) financing activities.

GameStop Corp., consolidated cash flow statement

US$ in thousands

Microsoft Excel
12 months ended: Jan 29, 2022 Jan 30, 2021 Feb 1, 2020 Feb 2, 2019 Feb 3, 2018 Jan 28, 2017
Net income (loss) (381,300) (215,300) (470,900) (673,000) 34,700 353,200
Depreciation and amortization 77,200 80,700 96,200 126,900 151,900 166,700
Loss (gain) on retirement of debt 18,200 (1,500)
Goodwill and asset impairments 6,700 15,500 385,600 1,015,900 395,100 33,800
Stock-based compensation expense 30,500 7,900 8,900 10,700 25,600 17,800
Deferred income taxes (16,300) 80,300 61,400 (4,100) (107,900) (37,200)
Excess tax benefits related to stock-based awards 800
(Gain) loss on disposal of property and equipment, net 5,400 (27,300) 1,900 2,000 8,500 10,400
(Gain) loss on divestiture 9,100 (100,800) (6,400)
Other (3,500) 2,400 4,100 (36,200) 24,900 15,500
Receivables, net (38,400) 39,800 (10,900) (34,400) 35,700 (43,900)
Merchandise inventories (329,600) 282,400 361,100 12,600 (256,300) 14,700
Prepaid expenses and other current assets (6,500) 8,400 3,600 2,200 (1,200) (11,400)
Prepaid income taxes and income taxes payable (21,700) (87,000) (75,900) (18,700) (24,700) (49,100)
Accounts payable and accrued liabilities 224,400 (78,600) (792,800) 17,100 169,800 64,100
Operating lease right-of-use assets and lease liabilities (900) 19,000 4,100
Changes in other long-term liabilities 1,500 (3,000) 4,900 (14,800) 1,700
Changes in operating assets and liabilities (171,200) 181,000 (510,800) (16,300) (91,500) (23,900)
Adjustments to reconcile net income (loss) to net cash flows from operating activities (53,000) 339,000 56,400 998,100 400,200 183,900
Net cash flows provided by (used in) operating activities (434,300) 123,700 (414,500) 325,100 434,900 537,100
Capital expenditures (62,000) (60,000) (78,500) (93,700) (113,400) (142,700)
Proceeds from sale of property and equipment 95,500
Proceeds from divestitures, net of cash sold 5,200 727,900 55,000
Proceeds from company-owned life insurance, net 12,000
Acquisitions, net of cash acquired (8,500) (441,200)
Other (2,800) 1,400 400 1,300 3,200 5,900
Net cash flows (used in) provided by investing activities (64,800) 36,900 (60,900) 635,500 (63,700) (578,000)
Proceeds from issuance of common stock, net of costs 1,672,800
Net repayments of senior notes (307,400) (130,300) (404,500)
Repurchase of common shares (198,700) (22,000) (63,100)
Proceeds from French term loans 47,100
Dividends paid (300) (40,500) (157,400) (155,200) (155,500)
Proceeds from senior notes 475,000
Borrowings from the revolver 150,000 154,000 373,000 545,000
Repayments of revolver borrowings (25,000) (125,000) (154,000) (373,000) (545,000)
Repayment of acquisition-related debt (12,200) (21,800) (400)
Settlement of stock-based awards (136,800) 3,100 (1,000) (5,100) (3,500) (8,400)
Payments of financing costs (3,000) (8,100)
Excess tax benefits related to stock-based awards (800)
Net cash flows provided by (used in) financing activities 1,200,600 (55,400) (644,700) (174,700) (202,500) 238,700
Exchange rate effect on cash, cash equivalents and restricted cash (16,600) 16,300 (6,900) (24,700) 26,300 21,200
Decrease in cash held for sale 10,200
Increase (decrease) in cash, cash equivalents and restricted cash 684,900 121,500 (1,127,000) 771,400 195,000 219,000
Cash, cash equivalents and restricted cash at beginning of period 635,000 513,500 1,640,500 869,100 669,400 450,400
Cash, cash equivalents and restricted cash at end of period 1,319,900 635,000 513,500 1,640,500 864,400 669,400

Based on: 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28).

Cash flow statement item Description The company
Net cash flows provided by (used in) operating activities Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. GameStop Corp. net cash flows provided by (used in) operating activities increased from 2020 to 2021 but then decreased significantly from 2021 to 2022.
Net cash flows (used in) provided by investing activities Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. GameStop Corp. net cash flows (used in) provided by investing activities increased from 2020 to 2021 but then decreased significantly from 2021 to 2022.
Net cash flows provided by (used in) financing activities Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. GameStop Corp. net cash flows provided by (used in) financing activities increased from 2020 to 2021 and from 2021 to 2022.