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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
9 Months Ended
Oct. 31, 2020
Nov. 02, 2019
Cash flows from operating activities:    
Net loss $ (4,445) $ (48,347)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation of property and equipment 17,810 21,156
Amortization of debt issue costs 70 41
Asset impairment 9,027 7,251
Cumulative effect of change in accounting principle 0 (331)
Loss on disposal of property and equipment 104 150
Stock-based compensation expense 912 1,995
Deferred income taxes 1,525 759
Changes in assets and liabilities:    
Inventories, net 10,800 (55,788)
Prepaid expenses and other current assets (3,124) 2,443
Accounts payable (4,735) 27,845
Accounts payable to related party vendor 0 (8,166)
Accrued expenses (1,704) (3,547)
Income taxes receivable (5,230) (1,041)
Operating lease assets and liabilities (7,091) (7,161)
Other assets and liabilities 570 300
Net cash provided by (used in) operating activities 14,489 (62,441)
Cash flows from investing activities:    
Proceeds from sale of property and equipment 168 0
Capital expenditures (7,580) (12,759)
Net cash used in investing activities (7,412) (12,759)
Cash flows from financing activities:    
Borrowings on revolving line of credit 40,000 25,000
Repayments on revolving line of credit (40,000) 0
Refinancing costs (15) 0
Cash used in net share settlement of restricted stock units (52) (77)
Proceeds received from employees exercising stock options 12 0
Employee stock purchases 35 190
Repurchase and retirement of common stock 0 (3,657)
Net cash (used in) provided by financing activities (20) 21,456
Cash and cash equivalents:    
Net increase (decrease) 7,057 (53,744)
Beginning of the period 30,132 57,946
End of the period 37,189 4,202
Supplemental schedule of non-cash activities:    
Non-cash accruals for purchases of property and equipment 414 1,818
Operating lease assets and liabilities recognized upon adoption of ASC 842 $ 0 $ 295,240