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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jul. 29, 2023
Jul. 30, 2022
Cash flows from operating activities:    
Net income $ 48,628 $ 72,395
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 33,134 44,146
Stock-based compensation expense 19,029 15,963
Deferred income taxes 221 (157)
Income from equity investments (4,469) (4,380)
Distributions received from equity investments 5,351 6,230
Impairment charges 649 2,888
Loss on extinguishment of debt and write-off of debt issuance costs 0 12,862
Other (1,337) 3,523
Change in operating assets and liabilities, net of acquired amounts:    
Accounts receivables (12,400) (3,485)
Income tax receivable 1,533 (1,585)
Inventories 41,788 (107,873)
Prepaid expenses and other current assets (8,220) (2,726)
Accounts payable 37,647 (4,848)
Accrued expenses (18,135) (5,448)
Operating lease assets and liabilities, net (9,048) (16,641)
Net cash provided by operating activities 134,371 10,864
Cash flows from investing activities:    
Cash paid for property and equipment (25,127) (27,151)
Cash paid for business acquisitions (127,496) 0
Equity investment in Le Tigre 0 (8,230)
Other 0 (4,853)
Net cash used in investing activities (152,623) (40,234)
Cash flows from financing activities:    
Borrowing on revolving credit facility 688,411 1,112,794
Payments on revolving credit facility (684,794) (725,353)
Proceeds from the issuance of the Term Loan 50,000 0
Payments for borrowings and prepayment premium under Previous Term Loan 0 (238,196)
Payments of debt issuance costs (6,693) (2,316)
Cash paid for treasury shares (22,434) (128,498)
Dividends paid (6,518) (7,097)
Cash paid for taxes for stock-based compensation shares withheld (12,239) (4,067)
Other (85) 131
Net cash provided by financing activities 5,648 7,398
Effect of exchange rate changes on cash balances 25 80
Net decrease in cash, cash equivalents, and restricted cash (12,579) (21,892)
Cash, cash equivalents, and restricted cash, beginning of period 58,766 74,459
Cash, cash equivalents, and restricted cash, end of period 46,187 52,567
Supplemental disclosures of cash flow information:    
Cash paid for income taxes 13,230 27,971
Cash paid for interest on debt 10,786 6,020
Cash paid for operating lease liabilities 107,056 113,308
Non-cash investing and financing activities:    
Property and equipment purchases not yet paid 8,269 6,158
Operating lease liabilities arising from lease asset additions 11,521 7,903
Net increase to operating lease assets and lease liabilities for modifications $ 121,476 $ 77,820