XML 20 R6.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Feb. 03, 2018
Jan. 28, 2017
Jan. 30, 2016
Cash flows from operating activities:      
Net income $ 5,296 $ 11,046 $ 16,573
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation of property and equipment 27,150 25,322 22,182
Amortization of deferred rent (8,147) (5,779) (5,260)
Amortization of debt issue costs 54 89 77
Loss on disposal of property and equipment 173 313 145
Stock-based compensation expense 2,134 3,194 3,773
Deferred income taxes (1,497) (2,242) 742
Changes in assets and liabilities:      
Inventories, net [1] (8,064) (7,137) (11,846)
Prepaid expenses and other current assets [1] (75) 1,462 (6,929)
Other noncurrent assets (1,559) (2,922) 155
Accounts payable 11,644 7,672 2,040
Accounts payable to related party vendor 2,515 2,750 181
Income taxes (refundable) payable (1,331) 1,363 324
Accrued expenses and other current and noncurrent liabilities 16,832 16,795 10,993
Net cash provided by operating activities 45,125 51,926 33,150
Cash flows from investing activities:      
Proceeds from sales of property and equipment 0 4 0
Capital expenditures (28,424) (32,180) (35,114)
Net cash used in investing activities (28,424) (32,176) (35,114)
Cash flows from financing activities:      
Refinancing costs 0 (271) 0
Cash used in net share settlement of stock options and restricted stock (206) (263) (2,029)
Employee stock purchases 328 369 354
Cash dividends paid to stockholders 0 0 (25,951)
Repurchase and retirement of common stock (604) 0 (25,196)
Net cash used in financing activities (482) (165) (52,822)
Cash and cash equivalents:      
Net increase (decrease) 16,219 19,585 (54,786)
Beginning of the year 63,937 44,352 99,138
End of the year 80,156 63,937 44,352
Supplemental cash flow information:      
Interest paid 190 159 192
Income taxes paid 7,614 7,214 8,300
Supplemental schedule of non-cash activities:      
Non-cash accruals for purchases of property and equipment $ 2,427 $ 1,359 $ 2,572
[1] Refer to Note 1 for information about a reclassification of supplies inventory from inventories, net, to prepaid expenses and other current assets.