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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Apr. 30, 2016
May. 02, 2015
Cash flows from operating activities:    
Net income $ 70,765 $ 66,738
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization 29,470 27,945
Share-based compensation 3,129 2,720
Debt issuance costs amortization 1,974 2,277
Accretion of long-term debt, net (62) (33)
Deferred income taxes (3,991) 5,104
Losses on disposition of property and equipment 32  
Excess tax benefits from share-based compensation (4,599) (10,199)
Changes in assets and liabilities, excluding acquired net assets:    
Merchandise inventories 28,982 (27,117)
Prepaid expenses and other 1,467 (2,467)
Accounts receivable 6,888 3,574
Other assets (320) (87)
Accounts payable (108,337) (70,307)
Accrued interest 6,675 10,430
Accrued liabilities and other (43,905) (71,989)
Income taxes (9,558) (8,731)
Other liabilities (2,473) 265
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:    
Payments on restated term loan credit facility (6,225) (6,225)
Payments of dividends (317) (317)
Change in cash overdraft (137) 769
Proceeds from stock options exercised 8,664 16,114
Common stock repurchased (60,978) (19,426)
Excess tax benefits from share-based compensation 4,599 10,199
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
Supplemental Cash Flow Information:    
Cash paid for interest 23,638 25,143
Cash paid for taxes $ 53,997 $ 42,748