XML 28 R7.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Condensed Consolidated Statements Of Cash Flows (USD $)
In Thousands
6 Months Ended
Jul. 30, 2011
Jul. 31, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 10,217 $ 9,651
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Depreciation and amortization expense 1,977 1,142
Amortization of deferred financing fees 253 256
Deferred income taxes 1,329 (1,658)
Share-based compensation expense 764 234
Net changes in operating assets and liabilities:    
Accounts, landlord and income tax receivable (4,745) 189
Merchandise inventories (16,275) (17,036)
Prepaid expenses and other current assets (434) (2,466)
Other assets (142) 5
Accounts payable 8,894 9,330
Deferred rent 3,426 1,368
Income tax payable 2,174 (182)
Accrued expenses and other liabilities (1,850) (771)
Net cash flows provided by operating activities 5,588 62
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment (16,297) (5,371)
Proceeds from sale of property and equipment 6,362 1,060
Net cash flows used in investing activities (9,935) (4,311)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Revolving line of credit activity, net   14,888
Payment of long-term debt (1,406) (582)
Dividends paid   (20,000)
Debt issuance costs (174)  
Proceeds from the exercise of stock options 337  
Excess tax benefit from stock option exercises 57  
Net cash flows used in financing activities (1,186) (5,694)
NET DECREASE IN CASH AND CASH EQUIVALENTS (5,533) (9,943)
CASH AND CASH EQUIVALENTS, Beginning of period 29,368 16,601
CASH AND CASH EQUIVALENTS, End of period $ 23,835 $ 6,658