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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Aug. 03, 2024
Jul. 29, 2023
Cash flows from operating activities:    
Net income $ 6,176 $ 18,600
Adjustments to reconcile net income to net cash provided by operating activities:    
Amortization of deferred debt issuance costs 38 38
Loss on retirement plan terminations 0 4,174
Gain from the sale of equipment (9) (129)
Depreciation and amortization 6,663 6,945
Deferred taxes, net of valuation allowance 2,130 7,489
Stock compensation expense 1,780 815
Board of directors' stock compensation 224 220
Changes in operating assets and liabilities:    
Accounts receivable 2,887 836
Inventories 2,356 5,472
Prepaid expenses and other current assets (669) 460
Other assets (65) (40)
Accounts payable 5,223 (6,649)
Operating leases, net (3,031) (3,181)
Accrued expenses and other liabilities (7,731) (8,811)
Net cash provided by operating activities 15,972 26,239
Cash flows from investing activities:    
Additions to property and equipment, net (12,779) (4,665)
Proceeds from sale of equipment 9 129
Purchase of short-term investments (34,011) (43,536)
Maturity of short-term investments 24,873 0
Net cash used for investing activities (21,908) (48,072)
Cash flows from financing activities:    
Repurchase of common stock (211) (10,814)
Tax withholdings paid related to net share settlements (48) (446)
Proceeds from the exercise of stock options 80 265
Net cash used for financing activities (179) (10,995)
Net decrease in cash and cash equivalents (6,115) (32,828)
Cash and cash equivalents:    
Beginning of period 27,590 52,074
End of period 21,475 19,246
Supplemental Disclosures of Cash Flow Information:    
Cash paid during the period for income taxes 811 237
Cash paid during the period for interest 182 159
Non-cash activity during the period:    
Capital expenditures incurred but not yet paid $ 776 $ 505