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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
May 04, 2024
Apr. 29, 2023
Cash flows from operating activities:    
Net income $ 885 $ 11,373
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 16,379 16,565
Stock-based compensation expense 5,554 11,654
Deferred income taxes (1,848) (1,826)
Income from equity investments (2,864) (2,331)
Distributions received from equity investments 2,859 0
Impairment charges 0 341
Other 351 (1,774)
Change in operating assets and liabilities, net of acquired amounts:    
Accounts receivables (16,999) (20,985)
Income tax receivable (514) 2,003
Inventories (43,003) 14,168
Prepaid expenses and other current assets (5,505) 45
Accounts payable 3,845 16,745
Accrued expenses 22,053 (19,246)
Operating lease assets and liabilities, net (873) (4,186)
Net cash provided by (used in) operating activities (19,680) 22,546
Cash flows from investing activities:    
Cash paid for property and equipment (15,891) (14,382)
Cash paid for business acquisitions (16,674) (109,553)
Other 4,362 0
Net cash used in investing activities (28,203) (123,935)
Cash flows from financing activities:    
Borrowing on revolving credit facility 341,356 452,680
Payments on revolving credit facility (291,131) (343,263)
Payments for borrowings under Term Loan (1,687) 0
Dividends paid (2,861) (3,246)
Cash paid for taxes for stock-based compensation shares withheld (3,321) (11,753)
Other (33) (911)
Net cash provided by financing activities 42,323 93,507
Effect of exchange rate changes on cash balances (179) (315)
Net decrease in cash and cash equivalents (5,739) (8,197)
Cash and cash equivalents, beginning of period 49,173 58,766
Cash and cash equivalents, end of period 43,434 50,569
Supplemental disclosures of cash flow information:    
Net cash received for income taxes 46 2,887
Interest Paid, Excluding Capitalized Interest, Operating Activities 10,421 6,154
Cash paid for operating lease liabilities 49,953 52,974
Non-cash investing and financing activities:    
Property and equipment purchases not yet paid 6,930 4,397
Operating lease liabilities arising from lease asset additions 8,525 4,711
Net increase to operating lease assets and lease liabilities for modifications $ 30,327 $ 38,344