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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Oct. 30, 2021
Oct. 31, 2020
Operating activities:    
Net income $ 52,401 $ 5,940
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 15,218 14,582
Non-cash operating lease costs 37,407 36,082
Asset impairment 0 286
Loss on disposal of property and equipment 159 22
Deferred income taxes 2,277 1,143
Insurance proceeds related to operating activities 454  
Non-cash stock-based compensation expense 2,883 1,502
Changes in assets and liabilities:    
Inventory (23,446) 23,853
Prepaid and other current assets 263 (7,360)
Other assets (362) 3
Accounts payable 15,939 7,653
Accrued expenses and other long-term liabilities (36,324) (25,266)
Accrued compensation (6,466) 3,432
Income tax receivable (6,920) (12)
Layaway deposits 1,370 1,183
Net cash provided by operating activities 54,853 63,043
Investing activities:    
Sales/redemptions of investment securities   43,759
Purchases of investment securities (35,462) (522)
Purchases of property and equipment (20,808) (11,888)
Insurance proceeds related to investing activities 192  
Net cash (used in) provided by investing activities (56,078) 31,349
Financing activities:    
Borrowings under revolving credit facility 0 43,700
Repayments of revolving credit facility   (43,700)
Payments of debt issuance costs (270)  
Cash used to settle withholding taxes on the vesting of nonvested restricted stock (2,453) (580)
Dividends paid to stockholders   (831)
Repurchases of common stock (107,206) (16,142)
Net cash used in financing activities (109,929) (17,553)
Net (decrease) increase in cash and cash equivalents (111,154) 76,839
Cash and cash equivalents:    
Beginning of period 123,177 19,923
End of period 12,023 96,762
Supplemental disclosures of cash flow information:    
Cash paid for interest 109 733
Cash payments of income taxes 19,006 655
Supplemental disclosures of non-cash investing activities:    
Accrual for purchases of property and equipment $ 3,192 $ 1,400