XML 62 R7.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Operating activities:      
Net income (loss) $ 221,589 $ 29,871 $ (62,371)
Adjustments to reconcile net income (loss) to cash provided by operating activities:      
Depreciation and amortization 90,621 93,336 116,678
Share-based compensation expense 25,016 20,010 15,803
Impairment charges 0 8,724 32,112
Loss on divestiture 0 65,472 0
Loss on extinguishment of debt 40,433 11,219 830
Deferred Income Taxes and Tax Credits (29,736) 15,564 (17,402)
Provision for losses on accounts receivable 21,158 11,292 12,914
Changes in operating lease right-of-use assets and lease liabilities 1,463 (1,676) (2,599)
Changes in operating assets and liabilities:      
Accounts receivable (2,201) (34,818) 63,526
Merchandise inventories (263,439) (85,154) 127,921
Accounts payable 3,548 193,240 (235,631)
Net change in other assets and liabilities 692 5,278 104,801
Other, net 15,033 6,865 9,503
Cash provided by operating activities 124,177 339,223 166,085
Investing activities:      
Proceeds from divestiture 0 133,000 0
Additions to property and equipment (40,985) (50,424) (42,419)
Additions to computer software (8,705) (8,769) (9,809)
Other, net (3,940) 6,266 331
Cash (used for) provided by investing activities (53,630) 80,073 (51,897)
Financing activities:      
Proceeds from issuance of debt 574,900 155,100 0
Proceeds from issuance of common stock 0 189,971 0
Repayments of revolving credit facility, net (103,200) (74,700) (32,200)
Repayments of Long-term Debt (553,140) (617,271) (85,592)
Financing costs paid (13,912) (10,367) (4,313)
Cash dividends paid (731) (648) (5,226)
Senior Notes make-whole premium paid 0 (4,980) 0
Payment for termination of interest rate swaps (15,434) 0 0
Other, net (17,961) (16,491) (2,866)
Cash provided by (used for) financing activities (129,478) (379,386) (130,197)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (3,540) 9,909 (2,671)
Net (decrease) increase in cash, cash equivalents and restricted cash (62,471) 49,819 (18,680)
Cash, cash equivalents and restricted cash at beginning of year 134,506 84,687 103,367
Cash, cash equivalents and restricted cash at end of year 72,035 134,506 84,687
Supplemental disclosure of cash flow information:      
Income taxes paid (received), net of refunds 99,400 (17,455) (6,198)
Interest paid $ 38,717 $ 89,961 $ 95,413