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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Oct. 29, 2022
Oct. 30, 2021
Cash flows from operating activities:    
Net income $ 117,566 $ 140,070
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 64,754 59,178
Stock-based compensation expense 22,327 18,646
Deferred income taxes (260) 822
Income from equity investments (6,670) (6,598)
Distributions received from equity investments 6,230 8,573
Impairment charges 4,237 1,174
Loss on extinguishment of debt and write-off of debt issuance costs 12,862 0
Other 4,940 1,598
Change in operating assets and liabilities:    
Accounts receivable (25,043) (18,121)
Income tax receivable (2,979) (17,110)
Inventories (98,789) (127,513)
Prepaid expenses and other current assets (9,919) (988)
Accounts payable (24,389) 153,511
Accrued expenses (1,221) 10,204
Operating lease assets and liabilities, net (25,706) (59,152)
Net cash provided by operating activities 37,940 164,294
Cash flows from investing activities:    
Cash paid for property and equipment (41,928) (22,061)
Equity investment in Le Tigre (8,228) 0
Other (5,853) 0
Net cash used in investing activities (56,009) (22,061)
Cash flows from financing activities:    
Borrowing on revolving lines of credit 1,490,199 349,653
Payments on revolving lines of credit (1,074,733) (449,653)
Payments for borrowings and prepayment premium under Term Loan (238,196) (9,376)
Payments of debt issuance costs (2,316) 0
Cash paid for treasury shares (147,549) 0
Dividends paid (10,310) 0
Other (7,849) (8,487)
Net cash provided by (used in) financing activities 9,246 (117,863)
Effect of exchange rate changes on cash balances (1,361) 664
Net increase (decrease) in cash, cash equivalents and restricted cash (10,184) 25,034
Cash, cash equivalents and restricted cash, beginning of period 74,459 59,581
Cash, cash equivalents and restricted cash, end of period 64,275 84,615
Supplemental disclosures of cash flow information:    
Cash paid for income taxes 43,027 13,228
Cash paid for interest on debt 10,355 19,339
Cash paid for operating lease liabilities 169,328 209,045
Non-cash investing and financing activities:    
Property and equipment purchases not yet paid 6,011 3,250
Operating lease liabilities arising from lease asset additions 12,014 13,379
Net increase to operating lease assets and lease liabilities for modifications $ 164,453 $ 72,698