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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Oct. 31, 2020
Nov. 02, 2019
Operating activities:    
Net income $ 5,940 $ 7,081
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 14,582 13,741
Non-cash operating lease costs 36,082 33,920
Asset impairment 286 472
Loss on disposal of property and equipment 22 23
Deferred income taxes 1,143 194
Insurance proceeds related to operating activities   1,012
Non-cash stock-based compensation expense 1,502 1,446
Changes in assets and liabilities:    
Inventory 23,853 4,079
Prepaid and other current assets (7,360) (1,064)
Other assets 3 (12)
Accounts payable 7,653 (1,803)
Accrued expenses and other long-term liabilities (25,266) (33,142)
Accrued compensation 3,432 (3,175)
Income tax receivable/payable (12) (3,343)
Layaway deposits 1,183 1,682
Net cash provided by operating activities 63,043 21,111
Investing activities:    
Sales/redemptions of investment securities 43,759 44,615
Purchases of investment securities (522) (33,959)
Purchases of property and equipment (11,888) (13,227)
Insurance proceeds related to investing activities   573
Net cash provided by (used in) investing activities 31,349 (1,998)
Financing activities:    
Borrowings under revolving credit facility 43,700  
Repayments of revolving credit facility (43,700)  
Cash used to settle withholding taxes on the vesting of nonvested restricted stock (580) (728)
Dividends paid to stockholders (831) (2,850)
Repurchases of common stock (16,142) (9,667)
Net cash used in financing activities (17,553) (13,245)
Net increase in cash and cash equivalents 76,839 5,868
Cash and cash equivalents:    
Beginning of period 19,923 17,863
End of period 96,762 23,731
Supplemental disclosures of cash flow information:    
Cash paid for interest 733 95
Cash payments of income taxes 665 4,460
Supplemental disclosures of non-cash investing activities:    
Accrual for purchases of property and equipment $ 1,400 $ 873