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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
May 04, 2024
Apr. 29, 2023
Operating Activities    
Net earnings $ 30,798 $ 34,792
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation 9,396 8,481
Amortization of capitalized software 1,335 1,194
Amortization of intangible assets 2,759 3,039
Amortization of debt issuance costs and debt discount 102 102
Share-based compensation expense 3,710 2,905
Loss on disposal of property and equipment 39 245
Impairment charges for property, equipment, and lease right-of-use assets 245 39
Adjustment to expected credit losses (1,038) (264)
Deferred income taxes 472 184
Changes in operating assets and liabilities:    
Receivables (23,549) (15,028)
Inventories 9,881 20,656
Prepaid expenses and other current and noncurrent assets (2,716) (648)
Trade accounts payable 15,536 31,885
Accrued expenses and other liabilities (19,399) (59,624)
Income taxes, net 8,729 9,102
Other, net (226) 437
Net cash provided by operating activities 36,074 37,497
Investing Activities    
Purchases of property and equipment (9,802) (5,750)
Capitalized software (524) (798)
Net cash used for investing activities (10,326) (6,548)
Financing Activities    
Borrowings under revolving credit agreement 118,500 126,000
Repayments under revolving credit agreement (109,500) (142,000)
Dividends paid (2,442) (2,482)
Acquisition of treasury stock (15,070) 0
Issuance of common stock under share-based plans, net (7,847) (10,006)
Net cash used for financing activities (16,359) (28,488)
Effect of exchange rate changes on cash and cash equivalents (38) (10)
Increase in cash and cash equivalents 9,351 2,451
Cash and cash equivalents at beginning of period 21,358 33,700
Cash and cash equivalents at end of period $ 30,709 $ 36,151