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Consolidated Statements of Cash Flows - USD ($)
3 Months Ended
May 02, 2020
May 04, 2019
OPERATING ACTIVITIES    
Net income $ (28,417,000) $ 21,255,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 4,006,000 3,843,000
Provision For Doubtful Accounts 28,000 178,000
Purchase premium and premium amortization (18,000) 58,000
Share Based Compensation 650,000 691,000
Deferred income taxes 313,000 0
Loss on disposal of property and equipment 66,000 182,000
Impairment of Leasehold 5,270,000 0
Changes in operating assets and liabilities which provided (used) cash:    
Accounts receivable (4,402,000) (1,926,000)
Merchandise inventories (7,402,000) 8,370,000
Prepaid and other assets (255,000) 8,643,000
Operating lease right-of-use asstes and liabilities (1,027,000) 0
Accrued income taxes (13,000) 2,629,000
Accounts payable, accrued expenses and other liabilities (40,134,000) (29,255,000)
Net cash provided by operating activities (71,335,000) 14,668,000
INVESTING ACTIVITIES    
Capital expenditures (5,311,000) (995,000)
Purchase of short-term investments (8,275,000) (44,709,000)
Sales of short-term investments 90,435,000 53,639,000
Payments to Acquire Projects 0 (22,000)
Proceeds from Sale of Investment Projects (94,000) (4,000)
Net cash used in investing activities 76,943,000 7,917,000
FINANCING ACTIVITIES    
Dividends paid (7,990,000) (8,118,000)
Repurchase of common stock (9,875,000) (2,834,000)
Proceeds from lines of credit 34,000,000 0
Payments to lines of credit 4,000,000 0
Proceeds from employee stock purchase plan 250,000 261,000
Net cash provided used in financing activities 12,385,000 (10,691,000)
Net increase in cash and cash equivalents 17,993,000 11,894,000
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 14,401,000 25,209,000
Cash, Cash Equivalents and Restricted Cash at End of Period 32,394,000 37,103,000
Change in Accrued PPE $ 1,936,000 $ 256,000