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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Oct. 28, 2017
Oct. 29, 2016
Cash flows from operating activities:    
Net income $ 187,530 $ 182,841
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 86,232 86,679
Share-based compensation 18,232 11,884
Debt issuance costs amortization 3,823 5,308
Accretion of long-term debt, net (379) (217)
Deferred income taxes 529 10,106
Losses on early extinguishments of debt and refinancing costs   7,292
Losses on disposition of property and equipment   56
Excess tax benefits from share-based compensation   (7,485)
Changes in assets and liabilities, excluding acquired net assets:    
Merchandise inventories (275,086) (306,925)
Prepaid expenses and other (8,818) (7,554)
Accounts receivable (7,721) (4,764)
Other assets (1,010) (353)
Accounts payable 150,947 233,266
Accrued interest (314) 6,716
Accrued liabilities and other 12,685 (18,613)
Income taxes (61,628) (63,001)
Other liabilities 1,405 1,280
Net cash provided by operating activities 106,427 136,516
Cash flows from investing activities:    
Additions to property and equipment (72,640) (82,163)
Acquisition of Lamrite West, net of cash acquired   (151,100)
Purchases of long-term investment   (1,325)
Net cash used in investing activities (72,640) (234,588)
Cash flows from financing activities:    
Common stock repurchased (253,595) (160,287)
Payments on term loan credit facility (18,675) (12,450)
Borrowings on asset-based revolving credit facility 357,200 42,000
Payments on asset-based revolving credit facility (248,200) (42,000)
Payment of debt issuance costs   (11,542)
Payments of dividends (408) (415)
Proceeds from stock options exercised 7,849 15,860
Excess tax benefits from share-based compensation   7,485
Net cash used in financing activities (155,829) (161,349)
Net change in cash and equivalents (122,042) (259,421)
Cash and equivalents at beginning of period 298,813 409,391
Cash and equivalents at end of period 176,771 149,970
Supplemental Cash Flow Information:    
Cash paid for interest 91,794 83,958
Cash paid for taxes $ 159,013 $ 144,483