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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Nov. 02, 2019
Nov. 03, 2018
Nov. 02, 2019
Nov. 03, 2018
Feb. 02, 2019
CASH FLOWS FROM OPERATING ACTIVITIES          
Net income     $ 151,942 $ 108,481  
Adjustments to reconcile net income to net cash provided by operating activities:          
Depreciation and amortization $ 23,435 $ 22,995 75,945 64,934  
Non-cash operating lease cost     48,855 51,095  
Asset impairments     1,660 5,337  
Asset held for sale gain     (1,529)    
Amortization of debt discount     33,528 29,669  
Accretion of debt discount upon settlement of debt     (70,482)    
Stock-based compensation expense 5,100 3,700 16,109 17,777  
Non-cash finance lease interest expense 5,678 4,843 16,864 11,254  
Product recalls     (3,516)    
Net non-cash charges resulting from inventory step-up       380  
Deferred income taxes     667 (670)  
Loss on extinguishment of debt-net 6,857   5,903 917  
Other non-cash interest expense     3,306 2,648  
Change in assets and liabilities:          
Accounts receivable     (2,809) (11,098)  
Merchandise inventories     102,788 (39,815)  
Prepaid expense and other assets     42,178 (51,614)  
Landlord assets under construction-net of tenant allowances     (49,387) (39,605)  
Accounts payable and accrued expenses     (41,474) (11,529)  
Deferred revenue and customer deposits     14,406 20,893  
Other current liabilities     (53,016) 9,238  
Current and non-current operating lease liability     (61,887) (57,806)  
Other non-current obligations     (19,054) (13,770)  
Net cash provided by operating activities     210,997 96,716  
CASH FLOWS FROM INVESTING ACTIVITIES          
Capital expenditures     (64,614) (73,278)  
Deposit on asset under construction     (30,000)    
Proceeds from sale of assets     24,078    
Net cash used in investing activities     (70,536) (73,278)  
CASH FLOWS FROM FINANCING ACTIVITIES          
Borrowings under promissory and equipment security notes     99,000    
Repayments under promissory and equipment security notes     (10,280) (31,974)  
Debt issuance costs     (4,636)    
Proceeds from issuance of convertible senior notes     350,000 335,000  
Purchase of convertible note hedges     (91,350) (91,857)  
Principal payments under finance leases     (7,136) (4,937)  
Repurchases of common stock-including commissions     (250,032) (145,182)  
Proceeds from exercise of stock options     18,509 35,827  
Tax withholdings related to issuance of stock-based awards     (6,538) (8,947)  
Payments under promissory notes related to share repurchases     (892)    
Net cash used in financing activities     (108,008) (39,868)  
Effects of foreign currency exchange rate translation     (3) (136)  
Net increase (decrease) in cash and cash equivalents and restricted cash equivalents     32,450 (16,566)  
Cash and cash equivalents and restricted cash equivalents          
Beginning of period-cash and cash equivalents     5,803 17,907 $ 17,907
Beginning of period-restricted cash equivalents (construction related deposits)       7,407 7,407
Beginning of period-cash and cash equivalents and restricted cash equivalents     5,803 25,314 25,314
End of period-cash and cash equivalents 38,253 7,755 38,253 7,755 5,803
End of period-restricted cash equivalents (construction related deposits)   993   993  
End of period-cash and cash equivalents and restricted cash equivalents $ 38,253 $ 8,748 38,253 8,748 $ 5,803
Non-cash transactions:          
Property and equipment additions in accounts payable and accrued expenses at period-end     11,859 11,591  
Landlord asset additions in accounts payable and accrued expenses at period-end     20,475 16,120  
Landlord asset additions from unpaid construction related deposits     195 809  
Reclassification of assets from landlord assets under construction to finance lease right-of-use assets       73,275  
Issuance of non-current notes payable related to share repurchases from former employees       243  
Senior notes.          
CASH FLOWS FROM FINANCING ACTIVITIES          
Debt issuance costs     (4,818) (6,349)  
Proceeds from issuance of warrants     50,225 51,021  
Repayments of convertible senior notes     (278,560)    
Asset based credit facility          
CASH FLOWS FROM FINANCING ACTIVITIES          
Borrowings     322,500 656,000  
Repayments     (380,000) (748,470)  
Term Loan          
CASH FLOWS FROM FINANCING ACTIVITIES          
Borrowings     320,000    
Repayments     $ (234,000) $ (80,000)