4) Depreciation and amortization expenses are often combined because they are similar. Many income statements embed depreciation and amortization in "other expense/ selling general & administrative" amounts. To learn the amounts of these expenses, it often becomes necessary to examine the statement of cash flows. Where does your company report depreciation and amortization on its income statement (is the number for depreciation within a larger total for many expenses)? What were these expenses for the current year? Depreciation and amortization is found in the URBN statement of cash flows as a total of $117,986 in 2019. URBAN OUTFITTERS, INC. Consolidated Statements of Cash Flows (in thousands) Fiscal Year Ended January 31, 2019 2018 2017 Cash flows from operating activities: Net income 298,003 108,263 218,120 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization (Benefit) provision for deferred income taxes Share-based compensation expense Impairment Loss on disposition of property and equipment, net Changes in assets and liabilities: 128,408 8,329 14,517 11,410 117,986 135,330 (11,414) 18,104 3,544 3,492 (4,801) 18,291 4,341 3,667 4,037 (21,744) (8,644) 12,967 45,516 Receivables Inventory Prepaid expenses and other assets Payables, accrued expenses and other liabilities Net cash provided by operating activities (4,012) (21,696) 8,605 20,934 (9,963) (10,359) 39,692 415,252 34,012 446,624 303,059 Cash flows from investing activities: (114,924) (396,646) 267,072 (143,714) (318,742) 243,159 (15,325) (234,622) Cash paid for property and equipment Cash paid for marketable securities (83,813) (281,385) 243,818 Sales and maturities of marketable securities Acquisition of business Net cash used in investing activities (244,498) (121,380) Cash flows from financing activities: (150,000) 4,096 (45,787) (2,052) (193,743) (4,023) (17,136) 265,276 248,140 Repayments of long-tem debt Proceeds from the exercise of share-based awards 13,618 (121,397) (10,245) (118,024) Share repurchases related to share repurchase program Share repurchases related to taxes for share-based awards (157,044) (2,182) (159,226) Net cash used in financing activities Effect of exchange rate changes on cash and cash equivalents Increase (decrease) in cash and cash equivalents Cash and cash equivalents at beginning of period Cash and cash equivalents at end of period (8,062) 11,627 76,040 282,220 34,080 248,140 358,260 282,220 Supplemental cash flow information: Cash paid during the year for: Income taxes $ 102,211 83,986 111,958 Non-cash investing activities-Accrued capital expenditures 7,193 10,144 17,020

Question

I am having trouble completing this question. "My company" means Urban Outfitters, Inc. which is the company assigned for me. We are using the 10k annual report 2019 to answer this question. I tried answering the question but I am not sure if its correct.

4) Depreciation and amortization expenses are often combined because they are similar.
Many income statements embed depreciation and amortization in "other expense/ selling
general & administrative" amounts. To learn the amounts of these expenses, it often
becomes necessary to examine the statement of cash flows. Where does your company
report depreciation and amortization on its income statement (is the number for
depreciation within a larger total for many expenses)? What were these expenses for the
current year?
Depreciation and amortization is found in the URBN statement of cash flows as a total of
$117,986 in 2019.

Image Transcription

4) Depreciation and amortization expenses are often combined because they are similar. Many income statements embed depreciation and amortization in "other expense/ selling general & administrative" amounts. To learn the amounts of these expenses, it often becomes necessary to examine the statement of cash flows. Where does your company report depreciation and amortization on its income statement (is the number for depreciation within a larger total for many expenses)? What were these expenses for the current year? Depreciation and amortization is found in the URBN statement of cash flows as a total of $117,986 in 2019.

URBAN OUTFITTERS, INC.
Consolidated Statements of Cash Flows
(in thousands)
Fiscal Year Ended January 31,
2019
2018
2017
Cash flows from operating activities:
Net income
298,003
108,263
218,120
Adjustments to reconcile net income to net cash provided by operating
activities:
Depreciation and amortization
(Benefit) provision for deferred income taxes
Share-based compensation expense
Impairment
Loss on disposition of property and equipment, net
Changes in assets and liabilities:
128,408
8,329
14,517
11,410
117,986
135,330
(11,414)
18,104
3,544
3,492
(4,801)
18,291
4,341
3,667
4,037
(21,744)
(8,644)
12,967
45,516
Receivables
Inventory
Prepaid expenses and other assets
Payables, accrued expenses and other liabilities
Net cash provided by operating activities
(4,012)
(21,696)
8,605
20,934
(9,963)
(10,359)
39,692
415,252
34,012
446,624
303,059
Cash flows from investing activities:
(114,924)
(396,646)
267,072
(143,714)
(318,742)
243,159
(15,325)
(234,622)
Cash paid for property and equipment
Cash paid for marketable securities
(83,813)
(281,385)
243,818
Sales and maturities of marketable securities
Acquisition of business
Net cash used in investing activities
(244,498)
(121,380)
Cash flows from financing activities:
(150,000)
4,096
(45,787)
(2,052)
(193,743)
(4,023)
(17,136)
265,276
248,140
Repayments of long-tem debt
Proceeds from the exercise of share-based awards
13,618
(121,397)
(10,245)
(118,024)
Share repurchases related to share repurchase program
Share repurchases related to taxes for share-based awards
(157,044)
(2,182)
(159,226)
Net cash used in financing activities
Effect of exchange rate changes on cash and cash equivalents
Increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period
(8,062)
11,627
76,040
282,220
34,080
248,140
358,260
282,220
Supplemental cash flow information:
Cash paid during the year for:
Income taxes
$
102,211
83,986
111,958
Non-cash investing activities-Accrued capital expenditures
7,193
10,144
17,020

Image Transcription

URBAN OUTFITTERS, INC. Consolidated Statements of Cash Flows (in thousands) Fiscal Year Ended January 31, 2019 2018 2017 Cash flows from operating activities: Net income 298,003 108,263 218,120 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization (Benefit) provision for deferred income taxes Share-based compensation expense Impairment Loss on disposition of property and equipment, net Changes in assets and liabilities: 128,408 8,329 14,517 11,410 117,986 135,330 (11,414) 18,104 3,544 3,492 (4,801) 18,291 4,341 3,667 4,037 (21,744) (8,644) 12,967 45,516 Receivables Inventory Prepaid expenses and other assets Payables, accrued expenses and other liabilities Net cash provided by operating activities (4,012) (21,696) 8,605 20,934 (9,963) (10,359) 39,692 415,252 34,012 446,624 303,059 Cash flows from investing activities: (114,924) (396,646) 267,072 (143,714) (318,742) 243,159 (15,325) (234,622) Cash paid for property and equipment Cash paid for marketable securities (83,813) (281,385) 243,818 Sales and maturities of marketable securities Acquisition of business Net cash used in investing activities (244,498) (121,380) Cash flows from financing activities: (150,000) 4,096 (45,787) (2,052) (193,743) (4,023) (17,136) 265,276 248,140 Repayments of long-tem debt Proceeds from the exercise of share-based awards 13,618 (121,397) (10,245) (118,024) Share repurchases related to share repurchase program Share repurchases related to taxes for share-based awards (157,044) (2,182) (159,226) Net cash used in financing activities Effect of exchange rate changes on cash and cash equivalents Increase (decrease) in cash and cash equivalents Cash and cash equivalents at beginning of period Cash and cash equivalents at end of period (8,062) 11,627 76,040 282,220 34,080 248,140 358,260 282,220 Supplemental cash flow information: Cash paid during the year for: Income taxes $ 102,211 83,986 111,958 Non-cash investing activities-Accrued capital expenditures 7,193 10,144 17,020

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