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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
May 02, 2020
May 04, 2019
Cash flows from operating activities:    
Net income (loss) $ (215,858) $ 31,194
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 23,133 21,422
Stock-based compensation expense 4,917 4,370
Deferred income taxes (109,308) (364)
Income from equity investment (2,270) (2,228)
Proceeds from Equity Method Investment, Distribution 2,493 160
Impairment charges 112,547 0
Other 340 544
Change in operating assets and liabilities, net of acquired amounts:    
Accounts receivable 6,999 (10,330)
Inventories 96,588 1,235
Prepaid expenses and other current assets (15,014) (880)
Accounts payable (11,816) (32,254)
Accrued expenses 37,421 (11,568)
Increase (Decrease) In Operating Lease Assets and Liabilities, Net 30,359 (4,327)
Net cash used in operating activities (39,469) (3,026)
Cash flows from investing activities:    
Cash paid for property and equipment (14,625) (24,879)
Sales of available-for-sale investments 24,612 18,691
Net cash provided by (used in) investing activities 9,987 (6,188)
Cash flows from financing activities:    
Borrowing on revolving line of credit 251,000 215,200
Payments on revolving line of credit (48,000) (140,200)
Cash paid for treasury shares 0 (75,000)
Dividends paid (7,160) (18,903)
Other (1,940) (986)
Net cash provided by (used in) financing activities 193,900 (19,889)
Effect of exchange rate changes on cash balances (108) 839
Net increase (decrease) in cash, cash equivalents, and restricted cash 164,310 (28,264)
Cash, cash equivalents, and restricted cash, beginning of period 86,564 100,568
Cash and cash equivalents, end of period 250,874 72,304
Supplemental disclosures of cash flow information:    
Cash paid (received) for income taxes (31) 721
Cash paid for interest on debt 2,105 1,987
Cash paid for operating lease liabilities 24,983 59,162
Non-cash investing and financing activities:    
Property and equipment purchases not yet paid 9,478 6,542
Operating lease liabilities arising from lease asset additions 9,408 4,621
Increase (decrease) to operating lease assets and lease liabilities for modifications $ (15,849) $ 19,147