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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Apr. 29, 2023
Apr. 30, 2022
Operating activities:    
Net loss $ (206,073) $ (11,082)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization expense 37,196 37,631
Non-cash lease expense 118,921 68,473
Deferred income taxes (65,624) 2,215
Non-cash impairment charge 84,449 222
Gain on disposition of property and equipment (3,419) (1,568)
Non-cash share-based compensation expense 4,058 3,667
Unrealized gain on fuel derivatives 0 (699)
Change in assets and liabilities    
Inventories 60,294 (100,940)
Accounts payable (104,780) (98,972)
Operating lease liabilities (117,874) (66,127)
Current income taxes 7,050 (8,856)
Other current assets (3,985) 3,908
Other current liabilities 23,262 (20,432)
Other assets (1,583) 107
Other liabilities (830) (3,780)
Net cash used in operating activities (168,938) (196,233)
Investing activities:    
Capital expenditures (16,861) (43,741)
Cash proceeds from sale of property and equipment 4,386 2,505
Other (6) (5)
Net cash used in investing activities (12,481) (41,241)
Financing activities:    
Net proceeds from long-term debt 200,200 267,300
Net repayments of sale and leaseback financing (743) 0
Payment of finance lease obligations (444) (497)
Dividends paid (9,587) (10,705)
Payment for treasury shares acquired (1,417) (10,639)
Net cash provided by financing activities 188,009 245,459
Increase in cash and cash equivalents 6,590 7,985
Cash and cash equivalents:    
Beginning of period 44,730 53,722
End of period $ 51,320 $ 61,707