XML 21 R6.htm IDEA: XBRL DOCUMENT v3.23.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jan. 28, 2023
Jan. 29, 2022
Jan. 30, 2021
Operating Activities      
Net earnings (loss) $ 179,695 $ 138,163 $ (438,994)
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:      
Depreciation 32,449 34,069 41,644
Amortization of capitalized software 4,451 5,693 5,911
Amortization of intangible assets 12,111 12,568 12,984
Amortization of debt issuance costs and debt discount 407 874 1,359
Share-based compensation expense 17,311 12,297 8,097
Loss on disposal of property and equipment 1,369 472 2,890
Impairment charges for property, equipment, and lease right-of-use assets 1,803 4,135 56,343
Impairment of goodwill and intangible assets 0 0 286,524
Adjustment to expected credit losses (262) (2,242) 10,575
Deferred income taxes 4,270 6,487 (37,034)
Fair value adjustments to Blowfish mandatory purchase obligation 0 15,424 23,934
Blowfish mandatory purchase obligation 0 (45,562) 0
Loss on early extinguishment of debt 0 1,011 0
Changes in operating assets and liabilities:      
Receivables (10,302) 7,002 22,465
Inventories 16,242 (108,772) 130,796
Prepaid expenses and other current and noncurrent assets (1,971) (11,843) (12,400)
Trade accounts payable (101,450) 50,936 13,373
Accrued expenses and other liabilities (34,590) 32,656 30,181
Income taxes, net 5,896 15,831 (32,600)
Other, net (1,550) (758) 305
Net cash provided by operating activities 125,879 168,441 126,353
Investing Activities      
Purchases of property and equipment (55,913) (18,393) (16,786)
Capitalized software (8,124) (5,752) (5,274)
Net cash used for investing activities (64,037) (24,145) (22,060)
Financing Activities      
Borrowings under revolving credit agreement 859,500 632,000 438,500
Repayments under revolving credit agreement (842,000) (592,000) (463,500)
Redemption of senior notes 0 (200,000) 0
Dividends paid (10,184) (10,648) (10,764)
Acquisition of treasury stock (63,225) (16,965) (23,348)
Issuance of common stock under share-based plans, net (5,387) (3,910) (1,135)
Contributions by noncontrolling interests, net 3,142 0 139
Blowfish Malibu mandatory purchase obligation 0 (8,996) 0
Debt issuance costs 0 (1,190) 0
Other 0 (676) (1,198)
Net cash used for financing activities (58,154) (202,385) (61,306)
Effect of exchange rate changes on cash and cash equivalents (103) (91) 90
Increase (decrease) in cash and cash equivalents 3,585 (58,180) 43,077
Cash and cash equivalents at beginning of period 30,115 88,295 45,218
Cash and cash equivalents at end of period $ 33,700 $ 30,115 $ 88,295