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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Oct. 31, 2020
Nov. 02, 2019
Operating activities:    
Net income (loss) $ (576) $ 64,682
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization 50,919 39,894
Share-based compensation expense 3,582 9,446
Deferred income tax (benefit) expense (4,308) 3,843
Other non-cash expenses 1,643 75
Changes in operating assets and liabilities:    
Inventories (106,172) (175,704)
Prepaid income taxes and tax receivable (14,027) (15,059)
Prepaid expenses and other assets 30,784 326
Accounts payable 110,970 78,372
Income taxes payable (8,474) (19,795)
Accrued salaries and wages 2,291 (12,813)
Operating leases 25,453 9,660
Other accrued expenses 29,221 18,928
Net cash provided by operating activities 121,306 1,855
Investing activities:    
Purchases of investment securities and other investments (120,033) (103,055)
Sales, maturities, and redemptions of investment securities 77,513 127,093
Capital expenditures (149,270) (156,350)
Net cash used in investing activities (191,790) (132,312)
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) (36,885)
Proceeds from exercise of options to purchase common stock and vesting of restricted and performance-based restricted stock units 3,017 3,186
Common shares withheld for taxes (3,789) (10,291)
Net cash used in financing activities (14,961) (43,795)
Net decrease in cash and cash equivalents (85,445) (174,252)
Cash and cash equivalents at beginning of period 202,490 251,748
Cash and cash equivalents at end of period 117,045 77,496
Supplemental disclosures of cash flow information:    
Decrease in accrued purchases of property and equipment $ (13,870) $ 17,547