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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Apr. 29, 2023
Apr. 30, 2022
Operating Activities    
Net earnings $ 34,792 $ 49,985
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation 8,481 8,064
Amortization of capitalized software 1,194 1,265
Amortization of intangible assets 3,039 3,028
Amortization of debt issuance costs and debt discount 102 102
Share-based compensation expense 2,905 3,799
Loss on disposal of property and equipment 245 933
Impairment charges for property, equipment, and lease right-of-use assets 39 1,777
Adjustment to expected credit losses (264) (617)
Deferred income taxes 184 80
Changes in operating assets and liabilities:    
Receivables (15,028) (58,698)
Inventories 20,656 (46,775)
Prepaid expenses and other current and noncurrent assets (648) 1,044
Trade accounts payable 31,885 55,372
Accrued expenses and other liabilities (59,624) (43,126)
Income taxes, net 9,102 43,376
Other, net 437 77
Net cash provided by operating activities 37,497 19,686
Investing Activities    
Purchases of property and equipment (5,750) (9,305)
Capitalized software (798) (2,345)
Net cash used for investing activities (6,548) (11,650)
Financing Activities    
Borrowings under revolving credit agreement 126,000 205,000
Repayments under revolving credit agreement (142,000) (190,000)
Dividends paid (2,482) (2,648)
Acquisition of treasury stock 0 (14,673)
Issuance of common stock under share-based plans, net (10,006) (3,599)
Contributions by noncontrolling interests 0 1,500
Net cash used for financing activities (28,488) (4,420)
Effect of exchange rate changes on cash and cash equivalents (10) (14)
Increase in cash and cash equivalents 2,451 3,602
Cash and cash equivalents at beginning of period 33,700 30,115
Cash and cash equivalents at end of period $ 36,151 $ 33,717