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

12 months ended:	Feb 3, 2024	Jan 28, 2023	Jan 29, 2022	Jan 30, 2021	Feb 1, 2020	Feb 2, 2019
Net income (loss)	6,700)	(313,100)	(381,300)	(215,300)	(470,900)	(673,000)
Depreciation and amortization	56,200)	61,700)	77,200)	80,700)	96,200)	126,900)
Stock-based compensation expense, net	22,200)	40,100)	30,500)	7,900)	8,900)	10,700)
Gain on sale of digital assets	—)	(7,200)	—)	—)	—)	—)
Digital asset impairments	—)	34,000)	—)	—)	—)	—)
Asset impairments	4,800)	2,700)	6,700)	15,500)	385,600)	1,015,900)
Loss (gain) on retirement of debt	—)	—)	18,200)	(1,500)	—)	—)
Deferred income taxes	(100)	(2,600)	(16,300)	80,300)	61,400)	(4,100)
(Gain) loss on disposal of property and equipment, net	1,500)	2,500)	5,400)	(27,300)	1,900)	2,000)
(Gain) loss on divestiture	—)	—)	—)	—)	9,100)	(100,800)
Other, net	800)	1,200)	(3,500)	2,400)	4,100)	(36,200)
Receivables, net	65,000)	(16,800)	(38,400)	39,800)	(10,900)	(34,400)
Merchandise inventories, net	39,900)	229,600)	(329,600)	282,400)	361,100)	12,600)
Prepaid expenses and other assets	10,400)	(25,200)	(6,500)	8,400)	3,600)	2,200)
Prepaid income taxes and income taxes payable	(2,400)	172,400)	(21,700)	(87,000)	(75,900)	(18,700)
Accounts payable and accrued liabilities	(397,700)	(66,200)	224,400)	(78,600)	(792,800)	17,100)
Operating lease right-of-use assets and lease liabilities	(8,100)	(4,900)	(900)	19,000)	4,100)	—)
Changes in other long-term liabilities	(2,900)	—)	1,500)	(3,000)	—)	4,900)
Changes in operating assets and liabilities	(295,800)	288,900)	(171,200)	181,000)	(510,800)	(16,300)
Adjustments to reconcile net income (loss) to net cash flows from operating activities	(210,400)	421,300)	(53,000)	339,000)	56,400)	998,100)
Net cash flows provided by (used in) operating activities	(203,700)	108,200)	(434,300)	123,700)	(414,500)	325,100)
Capital expenditures	(34,900)	(55,900)	(62,000)	(60,000)	(78,500)	(93,700)
Purchases of marketable securities	(326,800)	(276,800)	—)	—)	—)	—)
Proceeds from maturities and sales of marketable securities	312,600)	27,500)	—)	—)	—)	—)
Proceeds from sale of property and equipment	13,100)	—)	—)	95,500)	—)	—)
Proceeds from sale of digital assets	2,800)	81,900)	—)	—)	—)	—)
Proceeds from divestitures, net of cash sold	—)	—)	—)	—)	5,200)	727,900)
Proceeds from company-owned life insurance, net	—)	—)	—)	—)	12,000)	—)
Other	—)	600)	(2,800)	1,400)	400)	1,300)
Net cash flows (used in) provided by investing activities	(33,200)	(222,700)	(64,800)	36,900)	(60,900)	635,500)
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)	—)
Proceeds from French term loans	—)	—)	—)	47,100)	—)	—)
Repayments of French term loans	(10,700)	(3,900)	—)	—)	—)	—)
Dividends paid	—)	—)	—)	(300)	(40,500)	(157,400)
Borrowings from the revolver	—)	—)	—)	150,000)	—)	154,000)
Repayments of revolver borrowings	—)	—)	(25,000)	(125,000)	—)	(154,000)
Repayment of acquisition-related debt	—)	—)	—)	—)	—)	(12,200)
Settlement of stock-based awards	(900)	(4,000)	(136,800)	3,100)	(1,000)	(5,100)
Payments of financing costs	—)	—)	(3,000)	—)	—)	—)
Net cash flows provided by (used in) financing activities	(11,600)	(7,900)	1,200,600)	(55,400)	(644,700)	(174,700)
Exchange rate effect on cash, cash equivalents and restricted cash	(8,600)	(1,500)	(16,600)	16,300)	(6,900)	(24,700)
Decrease in cash held for sale	—)	—)	—)	—)	—)	10,200)
Increase (decrease) in cash, cash equivalents and restricted cash	(257,100)	(123,900)	684,900)	121,500)	(1,127,000)	771,400)
Cash, cash equivalents and restricted cash at beginning of period	1,196,000)	1,319,900)	635,000)	513,500)	1,640,500)	869,100)
Cash, cash equivalents and restricted cash at end of period	938,900)	1,196,000)	1,319,900)	635,000)	513,500)	1,640,500)

Based on: 10-K (reporting date: 2024-02-03), 10-K (reporting date: 2023-01-28), 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).

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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 2022 to 2023 but then slightly decreased from 2023 to 2024 not reaching 2022 level.
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 decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.
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 decreased from 2022 to 2023 and from 2023 to 2024.

GameStop Corp. (NYSE:GME)

Cash Flow Statement