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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Cash flows from operating activities:    
Net income $ 15,448 $ 27,743
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization 29,673 24,236
Amortization of deferred financing costs 498 498
Stock-based compensation 3,882 4,541
Excess tax benefits from stock based compensation (585) (419)
Gain on sales of property and equipment (216) (195)
Deferred income taxes 3,575 9,608
Asset impairment charges 504 0
Tenant allowances received from landlords 8,424 17,097
Changes in operating assets and liabilities:    
Accounts receivable—trade (1,207) (22,696)
Accounts receivable—other (8,071) (8,277)
Merchandise inventories (155,969) (203,893)
Income tax receivable (1,356) 0
Prepaid expenses and other assets 1,240 5,626
Accounts payable 84,699 94,207
Customer deposits 11,278 10,443
Accrued liabilities 27,375 23,979
Deferred rent (4,099) (1,719)
Other long-term liabilities 198 323
Net cash provided by (used in) operating activities 15,291 (18,898)
Cash flows from investing activities:    
Purchases of property and equipment (50,291) (74,996)
Proceeds from sales of property and equipment 34 4
Net cash used in investing activities (50,257) (74,992)
Cash flows from financing activities:    
Purchases of treasury stock (30,041) (35,000)
Proceeds from exercise of stock options 4,184 1,880
Excess tax benefits from stock-based compensation 585 419
Net increase in bank overdrafts 12,153 31,091
Net borrowings on line of credit 0 28,145
Net borrowings on inventory financing facility 4,322 0
Payment of financing costs 0 (88)
Payments received on notes receivable-related parties 41 0
Net cash (used in) provided by financing activities (8,756) 26,447
Net decrease in cash and cash equivalents (43,722) (67,443)
Cash and cash equivalents    
Beginning of period 59,244 72,794
End of period 15,522 5,351
Supplemental disclosure of cash flow information:    
Interest paid 226 445
Income taxes paid 7,509 5,542
Capital expenditures included in accounts payable $ 873 $ 1,013