Steven Madden Ltd
NASDAQ:SHOO
Cash Flow Statement
Cash Flow Statement
Steven Madden Ltd
Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Income |
134
|
133
|
128
|
113
|
109
|
105
|
109
|
114
|
118
|
118
|
118
|
121
|
118
|
122
|
123
|
119
|
128
|
131
|
143
|
131
|
137
|
140
|
137
|
142
|
89
|
35
|
(25)
|
(18)
|
22
|
76
|
150
|
193
|
245
|
256
|
252
|
217
|
179
|
166
|
169
|
174
|
182
|
|
Depreciation & Amortization |
13
|
14
|
14
|
15
|
16
|
17
|
18
|
21
|
22
|
22
|
23
|
21
|
21
|
21
|
21
|
21
|
22
|
22
|
23
|
23
|
22
|
22
|
22
|
21
|
21
|
20
|
18
|
17
|
16
|
16
|
16
|
15
|
16
|
18
|
19
|
21
|
19
|
17
|
16
|
16
|
17
|
|
Change in Deffered Taxes |
8
|
10
|
7
|
5
|
2
|
(6)
|
(3)
|
7
|
6
|
13
|
16
|
(7)
|
(4)
|
(5)
|
(6)
|
(19)
|
(18)
|
(18)
|
(17)
|
(3)
|
(3)
|
(5)
|
(4)
|
5
|
(3)
|
(4)
|
(13)
|
(8)
|
0
|
1
|
10
|
1
|
(1)
|
(1)
|
(2)
|
4
|
5
|
6
|
6
|
6
|
7
|
|
Stock-Based Compensation |
20
|
20
|
20
|
19
|
19
|
19
|
18
|
19
|
19
|
19
|
20
|
20
|
20
|
21
|
21
|
21
|
21
|
20
|
21
|
21
|
22
|
22
|
23
|
23
|
23
|
23
|
22
|
23
|
22
|
22
|
22
|
22
|
23
|
23
|
24
|
24
|
25
|
24
|
24
|
24
|
0
|
|
Other Non-Cash Items |
20
|
17
|
18
|
16
|
13
|
12
|
8
|
8
|
13
|
17
|
17
|
23
|
32
|
30
|
34
|
19
|
9
|
9
|
9
|
34
|
35
|
39
|
41
|
37
|
75
|
69
|
106
|
95
|
57
|
60
|
21
|
30
|
25
|
26
|
25
|
16
|
22
|
21
|
23
|
31
|
34
|
|
Cash Taxes Paid |
0
|
0
|
0
|
50
|
0
|
0
|
0
|
39
|
0
|
0
|
0
|
55
|
0
|
0
|
0
|
62
|
0
|
0
|
0
|
37
|
0
|
0
|
0
|
30
|
0
|
0
|
0
|
5
|
0
|
0
|
0
|
47
|
0
|
0
|
0
|
65
|
0
|
0
|
0
|
46
|
0
|
|
Cash Interest Paid |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Change in Working Capital |
(23)
|
(15)
|
5
|
4
|
(11)
|
10
|
(3)
|
(14)
|
(4)
|
(29)
|
(14)
|
(5)
|
(19)
|
(24)
|
(57)
|
18
|
(18)
|
9
|
12
|
(30)
|
(26)
|
(27)
|
(5)
|
29
|
28
|
112
|
64
|
(42)
|
(7)
|
(76)
|
(56)
|
(79)
|
(151)
|
(191)
|
(164)
|
11
|
49
|
100
|
65
|
3
|
(12)
|
|
Cash from Operating Activities |
151
N/A
|
158
+5%
|
172
+8%
|
152
-11%
|
128
-16%
|
138
+8%
|
128
-7%
|
136
+6%
|
154
+13%
|
141
-8%
|
159
+13%
|
154
-4%
|
147
-4%
|
145
-2%
|
115
-20%
|
158
+37%
|
122
-23%
|
153
+25%
|
169
+11%
|
154
-9%
|
166
+7%
|
169
+2%
|
191
+13%
|
234
+22%
|
210
-10%
|
232
+10%
|
151
-35%
|
44
-71%
|
89
+101%
|
78
-12%
|
140
+79%
|
160
+14%
|
135
-15%
|
108
-20%
|
130
+20%
|
268
+106%
|
274
+2%
|
310
+13%
|
279
-10%
|
229
-18%
|
227
-1%
|
|
Investing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Capital Expenditures |
(21)
|
(18)
|
(17)
|
(18)
|
(18)
|
(19)
|
(19)
|
(20)
|
(20)
|
(19)
|
(19)
|
(16)
|
(15)
|
(15)
|
(15)
|
(15)
|
(14)
|
(12)
|
(11)
|
(13)
|
(13)
|
(13)
|
(14)
|
(18)
|
(18)
|
(16)
|
(15)
|
(7)
|
(5)
|
(5)
|
(6)
|
(7)
|
(11)
|
(11)
|
(14)
|
(18)
|
(17)
|
(19)
|
(20)
|
(19)
|
(20)
|
|
Other Items |
(9)
|
(6)
|
35
|
(90)
|
(80)
|
(82)
|
(128)
|
(14)
|
(7)
|
(4)
|
(7)
|
12
|
5
|
6
|
20
|
1
|
24
|
32
|
24
|
24
|
13
|
31
|
(7)
|
(9)
|
(13)
|
(42)
|
(7)
|
2
|
(1)
|
10
|
3
|
3
|
38
|
10
|
31
|
24
|
(10)
|
8
|
(11)
|
(80)
|
(82)
|
|
Cash from Investing Activities |
(30)
N/A
|
(25)
+19%
|
18
N/A
|
(108)
N/A
|
(98)
+9%
|
(100)
-3%
|
(147)
-46%
|
(34)
+77%
|
(27)
+21%
|
(24)
+12%
|
(26)
-10%
|
(4)
+85%
|
(10)
-156%
|
(10)
+5%
|
5
N/A
|
(13)
N/A
|
10
N/A
|
19
+96%
|
13
-34%
|
11
-14%
|
0
N/A
|
17
N/A
|
(20)
N/A
|
(28)
-37%
|
(31)
-11%
|
(58)
-89%
|
(22)
+63%
|
(5)
+77%
|
(6)
-29%
|
5
N/A
|
(3)
N/A
|
(3)
-7%
|
28
N/A
|
(1)
N/A
|
17
N/A
|
6
-68%
|
(26)
N/A
|
(11)
+58%
|
(31)
-182%
|
(100)
-225%
|
(102)
-2%
|
|
Financing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Issuance of Common Stock |
(115)
|
(132)
|
(131)
|
(137)
|
(145)
|
(127)
|
(121)
|
(114)
|
(89)
|
(97)
|
(93)
|
(75)
|
(96)
|
(96)
|
(76)
|
(83)
|
(76)
|
(49)
|
(59)
|
(93)
|
(85)
|
(118)
|
(129)
|
(96)
|
(108)
|
(75)
|
(51)
|
(45)
|
(21)
|
(52)
|
(84)
|
(113)
|
(152)
|
(154)
|
(158)
|
(148)
|
(144)
|
(135)
|
(140)
|
(141)
|
(140)
|
|
Net Issuance of Debt |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
29
|
43
|
0
|
0
|
(29)
|
(43)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Cash Paid for Dividends |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(12)
|
(24)
|
(35)
|
(47)
|
(48)
|
(48)
|
(48)
|
(48)
|
(49)
|
(37)
|
(25)
|
(13)
|
(12)
|
(25)
|
(37)
|
(49)
|
(54)
|
(58)
|
(62)
|
(66)
|
(65)
|
(65)
|
(64)
|
(63)
|
(63)
|
|
Other |
(7)
|
(13)
|
(11)
|
(6)
|
12
|
3
|
9
|
4
|
(17)
|
(12)
|
(15)
|
(20)
|
(17)
|
(16)
|
(16)
|
(7)
|
(14)
|
(9)
|
(7)
|
(6)
|
3
|
2
|
2
|
2
|
1
|
2
|
2
|
0
|
(1)
|
(22)
|
(22)
|
(22)
|
(21)
|
(5)
|
(5)
|
(2)
|
3
|
8
|
7
|
3
|
(1)
|
|
Cash from Financing Activities |
(122)
N/A
|
(146)
-19%
|
(142)
+3%
|
(143)
-1%
|
(133)
+7%
|
(124)
+6%
|
(112)
+10%
|
(110)
+2%
|
(106)
+4%
|
(109)
-3%
|
(108)
+1%
|
(96)
+12%
|
(113)
-18%
|
(112)
+1%
|
(92)
+18%
|
(90)
+1%
|
(102)
-13%
|
(81)
+20%
|
(101)
-25%
|
(146)
-44%
|
(130)
+11%
|
(165)
-26%
|
(175)
-6%
|
(142)
+19%
|
(127)
+11%
|
(67)
+47%
|
(74)
-10%
|
(57)
+22%
|
(63)
-11%
|
(142)
-124%
|
(143)
-1%
|
(185)
-30%
|
(226)
-22%
|
(217)
+4%
|
(225)
-4%
|
(216)
+4%
|
(207)
+4%
|
(192)
+7%
|
(197)
-3%
|
(201)
-2%
|
(204)
-1%
|
|
Change in Cash | ||||||||||||||||||||||||||||||||||||||||||
Effect of Foreign Exchange Rates |
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
0
|
(1)
|
(0)
|
0
|
0
|
1
|
1
|
0
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
0
|
(2)
|
(1)
|
0
|
2
|
3
|
3
|
2
|
0
|
0
|
(2)
|
(3)
|
(2)
|
(2)
|
(0)
|
1
|
2
|
1
|
|
Net Change in Cash |
(2)
N/A
|
(12)
-600%
|
48
N/A
|
(99)
N/A
|
(102)
-3%
|
(86)
+16%
|
(131)
-52%
|
(9)
+93%
|
21
N/A
|
7
-65%
|
26
+254%
|
54
+110%
|
24
-56%
|
23
-1%
|
29
+24%
|
55
+89%
|
31
-44%
|
92
+194%
|
81
-12%
|
19
-77%
|
35
+85%
|
22
-38%
|
(5)
N/A
|
64
N/A
|
51
-20%
|
106
+107%
|
56
-47%
|
(16)
N/A
|
22
N/A
|
(56)
N/A
|
(4)
+92%
|
(28)
-560%
|
(63)
-121%
|
(111)
-77%
|
(80)
+28%
|
55
N/A
|
40
-28%
|
107
+170%
|
53
-51%
|
(70)
N/A
|
(79)
-12%
|
|
Free Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Free Cash Flow |
130
N/A
|
140
+8%
|
155
+10%
|
134
-13%
|
111
-17%
|
120
+8%
|
109
-9%
|
117
+7%
|
133
+15%
|
121
-9%
|
141
+16%
|
138
-2%
|
132
-4%
|
129
-2%
|
100
-22%
|
143
+43%
|
108
-25%
|
141
+31%
|
158
+12%
|
142
-10%
|
153
+8%
|
156
+2%
|
178
+14%
|
216
+21%
|
192
-11%
|
216
+12%
|
137
-37%
|
38
-72%
|
84
+123%
|
73
-13%
|
134
+83%
|
153
+14%
|
125
-19%
|
97
-22%
|
116
+20%
|
250
+115%
|
257
+3%
|
291
+13%
|
259
-11%
|
210
-19%
|
207
-1%
|