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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Feb. 01, 2020
Feb. 02, 2019
Cash flows from operating activities:    
Net loss $ (65.7) $ (65.6)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization expense 142.5 165.3
Deferred income tax benefit 10.2 (4.8)
Deferred rent and other costs recognized under prior lease accounting standard 0.0 (21.4)
Stock-based compensation expense 2.4 8.3
Impairment of goodwill 63.4 0.0
Impairment of Intangible Assets (Excluding Goodwill) [1] 46.9 0.0
Impairment of tangible assets 1.8 4.5
Income from Equity Method Investments (23.3) 0.0
Non-cash interest expense 5.1 4.9
Gain on Extinguishment of Debt (28.5) 0.0
Gain on sale of fixed assets 0.0 (0.1)
Gain on sale of intangible assets (5.0) 0.0
Other non-cash income, net (8.5) (7.7)
Changes in operating assets and liabilities:    
Inventories 59.5 (55.4)
Accounts payable, accrued liabilities and income tax liabilities (84.8) (62.9)
Deferred income 15.9 35.9
Lease-related liabilities 0.0 5.3
Operating lease right-of-use assets and lease liabilities (34.3) 0.0
Other balance sheet changes, net 38.4 38.1
Cash flows provided by operating activities 136.0 44.4
Cash flows from investing activities:    
Capital expenditures (46.0) (68.9)
Proceeds from the sale of assets 0.0 0.4
Proceeds from sale of intangible assets 5.0 0.0
Cash flows used in investing activities (41.0) (68.5)
Cash flows from financing activities:    
Redemptions of term loan debt (49.4) 0.0
Tax payments related to share-based awards 0.0 (0.6)
Proceeds from stock options exercised and employee stock purchases 0.1 0.4
Cash flows used in financing activities (49.3) (0.2)
Net increase (decrease) in cash, cash equivalents and restricted cash 45.7 (24.3)
Cash, cash equivalents and restricted cash at beginning of period 329.2 240.1
Cash, cash equivalents and restricted cash at end of period $ 374.9 $ 215.8
[1] For the three and six months ended February 1, 2020 and February 2, 2019, respectively, the maurices and Dressbarn businesses were classified as discontinued operations within the condensed consolidated financial statements. As a result, shared expenses of $18.3 million for the six months ended February 1, 2020, as well as $45.6 million and $89.4 million for the three and six months ended February 2, 2019, which were previously allocated to maurices and Dressbarn have been reallocated to the remaining operating units.