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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Aug. 01, 2020
Aug. 03, 2019
Operating activities:    
Net income (loss) $ (21,001) $ 54,493
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization 33,200 25,459
Share-based compensation (benefit) expense (1,033) 5,986
Deferred income tax (benefit) expense (8,711) 3,202
Other non-cash expenses (income) 1,278 (58)
Changes in operating assets and liabilities:    
Inventories 29,971 (29,053)
Prepaid income taxes and tax receivable (11,433) (9,516)
Prepaid expenses and other assets 21,631 6,442
Accounts payable (13,965) 6,502
Income taxes payable (8,730) (20,033)
Accrued salaries and wages (881) (10,368)
Operating leases 26,755 (1,579)
Other accrued expenses 14,381 15,567
Net cash provided by operating activities 61,462 47,044
Investing activities:    
Purchases of investment securities and other investments (48,344) (95,753)
Sales, maturities, and redemptions of investment securities 60,903 89,797
Capital expenditures (100,652) (100,139)
Net cash used in investing activities (88,093) (106,095)
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 credit facility financing costs (1,755) 0
Proceeds from Issuance of Common Stock 229 195
Common shares withheld for taxes (12,663) (6,878)
Proceeds from exercise of options to purchase common stock and vesting of restricted and performance-based restricted stock units 2,264 2,934
Common shares withheld for taxes (3,596) (10,148)
Net cash used in financing activities (15,521) (13,897)
Net decrease in cash and cash equivalents (42,152) (72,948)
Cash and cash equivalents at beginning of period 202,490 251,748
Cash and cash equivalents at end of period 160,338 178,800
Supplemental disclosures of cash flow information:    
Decrease in accrued purchases of property and equipment $ 106 $ (38,842)