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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jul. 30, 2022
Jul. 31, 2021
Cash flows from operating activities:    
Net income $ 72,395 $ 59,886
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 44,146 40,257
Stock-based compensation expense 15,963 13,365
Deferred income taxes (157) 100
Income from equity investments (4,380) (3,998)
Distributions received from equity investments 6,230 7,447
Impairment charges 2,888 1,174
Loss on extinguishment of debt and write-off of debt issuance costs 12,862 0
Other 3,523 800
Change in operating assets and liabilities:    
Accounts receivable (3,485) 5,859
Income tax receivable (1,585) (9,066)
Inventories (107,873) (30,114)
Prepaid expenses and other current assets (2,726) (612)
Accounts payable (4,848) 53,009
Accrued expenses (5,448) 21,546
Operating lease assets and liabilities, net (16,641) (63,424)
Net cash provided by operating activities 10,864 96,229
Cash flows from investing activities:    
Cash paid for property and equipment (27,151) (13,189)
Equity investment in Le Tigre (8,230) 0
Other (4,853) 0
Net cash used in investing activities (40,234) (13,189)
Cash flows from financing activities:    
Borrowing on revolving lines of credit 1,112,794 342,053
Payments on revolving lines of credit (725,353) (425,243)
Payments for borrowings and prepayment premium under Term Loan (238,196) (6,251)
Payments of debt issuance costs (2,316) 0
Cash paid for treasury shares (128,498) 0
Dividends paid (7,097) 0
Other (3,936) (5,514)
Net cash provided by (used in) financing activities 7,398 (94,955)
Effect of exchange rate changes on cash balances 80 338
Net decrease in cash, cash equivalents and restricted cash (21,892) (11,577)
Cash, cash equivalents and restricted cash, beginning of period 74,459 59,581
Cash, cash equivalents and restricted cash, end of period 52,567 48,004
Supplemental disclosures of cash flow information:    
Cash paid (received) for income taxes 27,971 (3,372)
Cash paid for interest on debt 6,020 13,437
Cash paid for operating lease liabilities 113,308 162,602
Non-cash investing and financing activities:    
Property and equipment purchases not yet paid 6,158 2,320
Operating lease liabilities arising from lease asset additions 7,903 11,109
Net increase to operating lease assets and lease liabilities for modifications $ 77,820 $ 45,723