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CONDENSED CONSOLIDATED FINANCIAL INFORMATION (Cash Flow) (Details) - USD ($)
$ in Thousands
3 Months Ended
Apr. 30, 2016
May. 02, 2015
Cash flows from operating activities:    
Net cash used in operating activities $ (23,863) $ (71,877)
Cash flows from investing activities:    
Additions to property and equipment (14,664) (34,964)
Acquisition of Lamrite West, net of cash acquired (144,600)  
Net cash used in investing activities (159,264) (34,964)
Cash flows from financing activities:    
Net cash (used in) provided by financing activities (54,394) 1,114
Net change in cash and equivalents (237,521) (105,727)
Cash and equivalents at beginning of period 409,391 378,295
Cash and equivalents at end of period 171,870 272,568
Michaels Stores    
Cash flows from operating activities:    
Net cash used in operating activities (17,149) (75,507)
Cash flows from investing activities:    
Additions to property and equipment (14,664) (34,964)
Acquisition of Lamrite West, net of cash acquired (144,600)  
Net cash used in investing activities (159,264) (34,964)
Cash flows from financing activities:    
Net repayments of debt (6,225) (6,225)
Payment of dividend to Michaels Funding, Inc. (59,348)  
Other financing costs 4,462 10,968
Net cash (used in) provided by financing activities (61,111) 4,743
Net change in cash and equivalents (237,524) (105,728)
Cash and equivalents at beginning of period 404,650 373,559
Cash and equivalents at end of period $ 167,126 $ 267,831