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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
May 02, 2020
May 04, 2019
Operating activities:    
Net (loss) income $ (50,582) $ 25,662
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:    
Depreciation and amortization 16,188 11,861
Share-based compensation (benefit) expense (3,526) 2,878
Deferred income tax (benefit) expense (13,107) 1,330
Other non-cash expenses 225 (5)
Changes in operating assets and liabilities:    
Inventories (43,488) (24,801)
Prepaid income taxes and tax receivable (7,911) (180)
Prepaid expenses and other assets 21,417 12,212
Accounts payable (342) 8,021
Income taxes payable (455) (1,363)
Accrued salaries and wages (14,661) (17,189)
Operating leases 32,242 (6,743)
Other accrued expenses (1,253) 9,147
Net cash (used in) provided by operating activities (65,253) 20,830
Investing activities:    
Purchases of investment securities and other investments (43,344) (36,739)
Sales, maturities, and redemptions of investment securities 33,353 54,276
Capital expenditures (40,028) (61,713)
Net cash used in investing activities (50,019) (44,176)
Financing activities:    
Borrowing on note payable under Amended Revolving Credit Facility 50,000 0
Repayment of note payable under Amended Revolving Credit Facility (50,000) 0
Cash paid for debt financing costs (1,563) 0
Common shares withheld for taxes (12,663) 0
Proceeds from exercise of options to purchase common stock and vesting of restricted and performance-based restricted stock units 67 2,249
Common shares withheld for taxes (3,299) (9,873)
Net cash used in financing activities (17,458) (7,624)
Net decrease in cash and cash equivalents (132,730) (30,970)
Cash and cash equivalents at beginning of period 202,490 251,748
Cash and cash equivalents at end of period 69,760 220,778
Supplemental disclosures of cash flow information:    
Increase (decrease) in accrued purchases of property and equipment $ (12,944) $ (31,931)