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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jul. 31, 2021
Aug. 01, 2020
Net cash (used for) provided by operating activities:    
Net income $ 20.3 $ 126.3
Adjustments to reconcile net income to net cash (used for) provided by operating activities:    
Non-cash operating lease expense 79.7 75.0
Depreciation and amortization 40.5 39.5
Deferred income taxes   1.1
Stock-based compensation expense 1.3 0.8
Amortization of deferred financing costs and original issue discount 1.5 2.0
Debt related loss (gain) 3.0 (149.9)
Gain on sale leaseback (24.5)  
Loss on disposal and impairment of fixed and operating lease assets   2.2
Changes in operating assets and liabilities:    
(Increase) decrease in inventories (76.1) 48.6
(Increase) decrease in prepaid expenses and other current assets (3.8) 6.6
Increase in accounts payable 16.1 57.7
(Decrease) increase in accrued expenses (41.1) 33.8
Decrease in operating lease liabilities (97.4) (48.8)
(Decrease) increase in other long-term liabilities (0.9) 7.5
Other, net (0.7) 0.8
Net cash (used for) provided by operating activities (82.1) 203.2
Net cash provided by (used for) investing activities:    
Capital expenditures (28.6) (20.1)
Proceeds from sale leaseback 48.1  
Other investing activities (0.2) 0.1
Net cash provided by (used for) investing activities 19.3 (20.0)
Net cash provided by (used for) financing activities:    
Term loan proceeds, net of original issue discount 671.6  
Term loan payments (706.3) (2.3)
Borrowings on revolving credit facility 282.1 331.5
Payments on revolving credit facility (255.1) (312.0)
Purchase and retirement of debt (0.9) (183.2)
Principal payments on finance lease obligations (2.9) (0.5)
Issuance of common stock, net of underwriting commissions and offering costs 76.9  
Dividends paid (4.2)  
Financing fees paid (3.8)  
Other, net 0.1  
Net cash provided by (used for) financing activities 57.5 (166.5)
Net (decrease) increase in cash and cash equivalents (5.3) 16.7
Cash and cash equivalents at beginning of period 27.4 24.4
Cash and cash equivalents at end of period 22.1 41.1
Cash paid during the period for:    
Interest 27.3 35.1
Income taxes, net of refunds $ 12.9 $ 2.7