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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Aug. 03, 2019
Aug. 04, 2018
Operating activities:    
Net income $ 21,718 $ 55,403
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization expense 63,259 53,996
Noncash lease amortization expense 114,348 0
Deferred income taxes (7,551) (9,678)
Non-cash impairment charge 2,914 0
Loss on disposition of equipment 130 287
Non-cash share-based compensation expense 8,560 17,189
Unrealized gain on fuel derivatives (152) (562)
Change in assets and liabilities    
Inventories 95,504 18,598
Accounts payable (51,548) 4,495
Operating lease liabilities (93,364) 0
Current income taxes (10,944) (23,990)
Other current assets (23,597) (24,034)
Other current liabilities 43,344 12,646
Other assets (2,578) (782)
Other liabilities (1,758) 6,992
Net cash provided by operating activities 158,285 110,560
Investing activities:    
Capital expenditures (162,840) (89,065)
Cash proceeds from sale of property and equipment 127 210
Assets acquired under synthetic lease 0 (82,607)
Other (18) 36
Net cash used in investing activities (162,731) (171,426)
Financing activities:    
Net proceeds from borrowings under bank credit facility (93,700) (124,900)
Payment of finance lease obligations 1,946 1,597
Dividends paid (24,915) (26,527)
Proceeds from the exercise of stock options 200 20
Payment for treasury shares acquired (54,919) (111,261)
Proceeds from synthetic lease 0 82,607
Other (3) 5
Net cash provided by financing activities 12,117 68,147
Increase in cash and cash equivalents 7,671 7,281
Cash and cash equivalents:    
Beginning of period 46,034 51,176
End of period $ 53,705 $ 58,457