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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
May 01, 2021
May 02, 2020
Net cash (used for) provided by operating activities:    
Net income (loss) $ 15.1 $ (23.6)
Adjustments to reconcile net income (loss) to net cash (used for) provided by operating activities:    
Non-cash operating lease expense 39.3 37.3
Depreciation and amortization 20.4 19.8
Deferred income taxes (0.4) 1.0
Stock-based compensation expense 0.6 0.4
Amortization of deferred financing costs and original issue discount 0.8 1.1
Debt related gain (0.1) (3.1)
Loss on disposal and impairment of fixed assets   1.8
Changes in operating assets and liabilities:    
Decrease in inventories 16.6 35.3
Decrease in prepaid expenses and other current assets 6.1 3.9
Decrease in accounts payable (45.0) (44.5)
(Decrease) increase in accrued expenses (47.5) 9.3
Decrease in operating lease liabilities (48.5) (27.4)
(Decrease) increase in other long-term liabilities (1.5) 0.3
Other, net 0.6 1.7
Net cash (used for) provided by operating activities (43.5) 13.3
Net cash used for investing activities:    
Capital expenditures (10.5) (12.3)
Other investing activities (0.2)  
Net cash used for investing activities (10.7) (12.3)
Net cash provided by financing activities:    
Term loan payments (70.9) (2.3)
Borrowings on revolving credit facility 147.6 169.1
Payments on revolving credit facility (102.1) (42.6)
Purchase and retirement of debt (0.9) (2.4)
Principal payments on finance lease obligations (1.2) (0.2)
Issuance of common stock, net of underwriting commissions and offering costs 77.0  
Net cash provided by financing activities 49.5 121.6
Net (decrease) increase in cash and cash equivalents (4.7) 122.6
Cash and cash equivalents at beginning of period 27.4 24.4
Cash and cash equivalents at end of period 22.7 147.0
Cash paid during the period for:    
Interest 12.8 $ 15.5
Income taxes, net of refunds $ (0.3)