XML 24 R7.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands
3 Months Ended
Apr. 30, 2011
May 01, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 37,498 $ 26,209
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization 27,436 25,866
Deferred income taxes 5,141 (17,380)
Stock-based compensation 6,504 5,999
Excess tax benefit from exercise of stock options (11,644) (5,774)
Tax benefit from exercise of stock options 191 418
Other non-cash items 378 387
Changes in assets and liabilities:    
Accounts receivable (5,014) 1,973
Inventories (157,976) (113,973)
Prepaid expenses and other assets (9,501) (8,398)
Accounts payable 142,418 95,773
Accrued expenses (47,896) (33,460)
Income taxes payable / receivable 14,959 22,238
Deferred construction allowances 6,455 762
Deferred revenue and other liabilities (23,404) (14,293)
Net cash used in operating activities (14,455) (13,653)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (32,584) (24,300)
Proceeds from sale-leaseback transactions 10 0
Deposits and purchases of other assets (2,030) 0
Net cash used in investing activities (34,604) (24,300)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Revolving credit (payments) borrowings, net 0 0
Payments on other long-term debt and leasing obligations (241) (231)
Construction allowance receipts 0 0
Proceeds from exercise of stock options 14,077 8,016
Excess tax benefit from exercise of stock options 11,644 5,774
Repurchase of common stock (3,321) 0
Increase in bank overdraft 13,351 5,720
Net cash provided by financing activities 35,510 19,279
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS 22 21
NET DECREASE IN CASH AND CASH EQUIVALENTS (13,527) (18,653)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 546,052 225,611
CASH AND CASH EQUIVALENTS, END OF PERIOD 532,525 206,958
Supplemental disclosure of cash flow information:    
Accrued property and equipment 12,426 325
Cash paid for interest 3,107 3,046
Cash paid for income taxes $ 4,139 $ 12,027