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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jul. 31, 2020
Jul. 31, 2019
Cash flows from operating activities    
Net income (loss) $ (54,271) $ 23,162
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Depreciation and amortization 19,558 19,262
Loss on disposal of fixed assets 169 1,230
Non-cash operating lease costs 44,732 36,729
Loss (gain) on lease terminations (2,524) (2,222)
Asset impairments 20,013  
Dividend received from unconsolidated affiliate 2,695 1,960
Equity (gain) loss in unconsolidated affiliates 175 (867)
Share-based compensation 1,737 9,349
Deferred financing charges and debt discount amortization 5,425 4,577
Deferred income taxes (16,414)  
Changes in operating assets and liabilities:    
Accounts receivable, net 253,634 37,470
Inventories (22,849) (265,753)
Income taxes, net (4,979) (5,987)
Prepaid expenses and other current assets 25,128 3,321
Other assets, net (678) (1,164)
Customer refund liabilities (118,047) (64,512)
Operating lease liabilities (37,785) (38,300)
Accounts payable, accrued expenses and other liabilities (55,914) 108,838
Net cash provided by (used in) operating activities 59,805 (132,907)
Cash flows from investing activities    
Operating lease assets initial direct costs (3,968) (1,940)
Capital expenditures (9,101) (17,531)
Net cash used in investing activities (13,069) (19,471)
Cash flows from financing activities    
Repayment of borrowings - revolving facility (676,019) (942,973)
Proceeds from borrowings - revolving facility 676,019 1,102,973
Repayment of borrowings - unsecured term loan   (170)
Proceeds from borrowings - unsecured term loan 7,071 3,407
Proceeds from exercise of equity awards 180 116
Purchase of treasury shares   (35,216)
Taxes paid for net share settlements (317) (7,366)
Net cash provided by financing activities 6,934 120,771
Foreign currency translation adjustments 1,756 1,037
Net increase (decrease) in cash and cash equivalents 55,426 (30,570)
Cash and cash equivalents at beginning of period 197,372 70,138
Cash and cash equivalents at end of period 252,798 39,568
Cash payments:    
Interest, net 12,937 15,735
Income tax payments, net $ 1,385 $ 12,791