XML 71 R5.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Mar. 29, 2015
Mar. 30, 2014
Net income $ 30,149us-gaap_ProfitLoss $ 11,623us-gaap_ProfitLoss
Operating activities of discontinued operations   869us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
Gain on sale of discontinued operations   (815)us-gaap_DiscontinuedOperationAmountOfAdjustmentToPriorPeriodGainLossOnDisposalNetOfTax
Depreciation and amortization 21,605us-gaap_DepreciationDepletionAndAmortization 14,657us-gaap_DepreciationDepletionAndAmortization
Amortization of deferred financing costs 1,076us-gaap_AmortizationOfFinancingCosts 229us-gaap_AmortizationOfFinancingCosts
Deferred income taxes (4,071)flws_DeferredIncomeTaxExpenseBenefitContinuingOperationsDiscontinuedOperations (1,376)flws_DeferredIncomeTaxExpenseBenefitContinuingOperationsDiscontinuedOperations
Non-cash impact of write-offs related to warehouse fire 29,522flws_NoncashImpactOfWriteoffsRelatedToWarehouseFire  
Acquisition transaction costs 925flws_ProceedsFromInsuranceAdvancedOfFunds  
Bad debt expense 1,170us-gaap_ProvisionForDoubtfulAccounts 1,027us-gaap_ProvisionForDoubtfulAccounts
Stock based compensation 4,405us-gaap_ShareBasedCompensation 3,491us-gaap_ShareBasedCompensation
Other non-cash items 748us-gaap_OtherNoncashIncomeExpense 433us-gaap_OtherNoncashIncomeExpense
Receivables (6,647)us-gaap_IncreaseDecreaseInAccountsReceivable (5,492)us-gaap_IncreaseDecreaseInAccountsReceivable
Insurance receivable (1,477)us-gaap_IncreaseDecreaseInOtherReceivables  
Inventories 37,448us-gaap_IncreaseDecreaseInInventories (5,585)us-gaap_IncreaseDecreaseInInventories
Prepaid and other 7,489us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets 4,162us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Accounts payable and accrued expenses 14,967us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities 197us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Other assets (1,026)us-gaap_IncreaseDecreaseInOtherOperatingAssets (274)us-gaap_IncreaseDecreaseInOtherOperatingAssets
Other liabilities 679us-gaap_IncreaseDecreaseInOtherOperatingLiabilities 426us-gaap_IncreaseDecreaseInOtherOperatingLiabilities
Net cash provided by operating activities 136,962us-gaap_NetCashProvidedByUsedInOperatingActivities 23,572us-gaap_NetCashProvidedByUsedInOperatingActivities
Acquisitions, net of cash acquired (133,117)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired (1,385)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired
Capital expenditures (20,946)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (14,458)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Investing activities of discontinued operations   500us-gaap_CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
Other 642us-gaap_PaymentsForProceedsFromOtherInvestingActivities 18us-gaap_PaymentsForProceedsFromOtherInvestingActivities
Net cash used in investing activities (153,421)us-gaap_NetCashProvidedByUsedInInvestingActivities (15,325)us-gaap_NetCashProvidedByUsedInInvestingActivities
Acquisition of treasury stock (5,730)us-gaap_PaymentsForRepurchaseOfCommonStock (7,423)us-gaap_PaymentsForRepurchaseOfCommonStock
Proceeds from exercise of employee stock options 5,303us-gaap_ProceedsFromStockOptionsExercised 334us-gaap_ProceedsFromStockOptionsExercised
Proceeds from bank borrowings 239,500us-gaap_ProceedsFromBankDebt 120,000us-gaap_ProceedsFromBankDebt
Repayment of bank borrowings (169,567)us-gaap_RepaymentsOfDebt (120,002)us-gaap_RepaymentsOfDebt
Debt issuance costs (5,642)us-gaap_PaymentsOfDebtIssuanceCosts  
Other 113us-gaap_ProceedsFromPaymentsForOtherFinancingActivities 4us-gaap_ProceedsFromPaymentsForOtherFinancingActivities
Net cash provided by (used in) financing activities 63,977us-gaap_NetCashProvidedByUsedInFinancingActivities (7,087)us-gaap_NetCashProvidedByUsedInFinancingActivities
Net change in cash and equivalents 47,518us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 1,160us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Beginning of period 5,203us-gaap_CashAndCashEquivalentsAtCarryingValue 154us-gaap_CashAndCashEquivalentsAtCarryingValue
End of period $ 52,721us-gaap_CashAndCashEquivalentsAtCarryingValue $ 1,314us-gaap_CashAndCashEquivalentsAtCarryingValue