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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Aug. 01, 2020
Aug. 03, 2019
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 95,211 $ 99,479
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 50,212 52,510
Non-cash operating lease cost 31,355 33,227
Tradename impairment 20,459  
Asset impairments 4,783  
Loss on sale leaseback transaction 9,352  
Amortization of debt discount 25,378 22,962
Accretion of debt discount upon settlement of debt (84,003) (70,482)
Stock-based compensation expense 12,689 10,993
Non-cash finance lease interest expense 11,729 11,186
Product recalls 4,780 (2,106)
Other non-cash interest expense 2,404 1,297
Change in assets and liabilities:    
Accounts receivable (6,431) (504)
Merchandise inventories (48,984) 51,189
Prepaid expense and other assets (10,307) (2,882)
Landlord assets under construction-net of tenant allowances (22,934) (27,555)
Accounts payable and accrued expenses (13,127) (40,073)
Deferred revenue and customer deposits 67,647 12,987
Other current liabilities 8,777 3,179
Current and non-current operating lease liabilities (18,388) (44,513)
Other non-current obligations (12,327) (13,761)
Net cash provided by operating activities 128,275 97,133
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (47,531) (25,283)
Investments in joint ventures (3,050)  
Proceeds from sale of assets 25,006  
Net cash used in investing activities (25,575) (25,283)
CASH FLOWS FROM FINANCING ACTIVITIES    
Borrowings under promissory and equipment security notes   69,000
Repayments under promissory and equipment security notes (5,408) (4,993)
Debt issuance costs   (4,636)
Repayments of convertible senior notes (215,846) (278,560)
Principal payments under finance leases (4,641) (4,399)
Repurchases of common stock-including commissions   (250,032)
Proceeds from exercise of stock options 8,125 7,223
Tax withholdings related to issuance of stock-based awards (6,818) (6,234)
Payments under promissory notes related to share repurchases   (892)
Net increase (decrease) in cash and cash equivalents (132,988) (66,023)
Effects of foreign currency exchange rate translation 17 (75)
Net increase (decrease) in cash and cash equivalents and restricted cash (30,271) 5,752
Cash and cash equivalents    
Beginning of period-cash and cash equivalents and restricted cash equivalents 47,658 5,803
End of period-cash, cash equivalents and restricted cash 17,387 11,555
Non-cash transactions:    
Property and equipment additions in accounts payable and accrued expenses at period-end 19,978 10,875
Landlord asset additions in accounts payable and accrued expenses at period-end 17,515 21,055
Reclassification of assets from landlord assets under construction to finance lease right-of-use assets 68,441  
Shares issued on settlement of convertible senior notes (315,708)  
Shares received on exercise of call option under bond hedge upon settlement of convertible senior notes 315,713  
Asset based credit facility    
CASH FLOWS FROM FINANCING ACTIVITIES    
Borrowings 283,200 302,000
Repayments $ (191,600) (214,500)
Term Loan    
CASH FLOWS FROM FINANCING ACTIVITIES    
Borrowings   $ 320,000