XML 51 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jul. 28, 2012
Jul. 30, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (33,161) $ (50,729)
Adjustments to reconcile net loss to net cash from operating activities:    
Loss on disposal of property and equipment 118 63
Loss on derivative liability 1,886  
Depreciation and amortization 17,765 22,437
Asset impairment 3,540 5,785
Amortization of debt discount 787  
Non-cash stock-based compensation 1,466 1,736
Change in operating assets and liabilities:    
Merchandise inventories (56,057) (67,631)
Other current assets (2,060) (6,428)
Other assets 869 124
Deferred rent (86) (736)
Accounts payable 46,938 56,383
Other current liabilities 5,562 (573)
Deferred lease incentives (953) (3,872)
Other long-term liabilities (163) (276)
Net cash used in operating activities (13,549) (43,717)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from insurance settlement 653 300
Purchases of property and equipment (9,068) (6,938)
Restricted cash 8,188  
Net cash used in investing activities (227) (6,638)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from exercise of stock options 181 314
Payments for credit facility borrowings (1,254)  
Principal payments under mortgage borrowings (265) (248)
Principal payments under capital leases (362) (169)
Net cash used in financing activities (1,700) (103)
NET DECREASE IN CASH AND CASH EQUIVALENTS (15,476) (50,458)
CASH AND CASH EQUIVALENTS, beginning of period 50,306 63,710
CASH AND CASH EQUIVALENTS, end of period 34,830 13,252
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:    
Cash paid for interest 1,741 1,047
Cash paid for income taxes 483 932
SUPPLEMENTAL DISCLOSURES OF NON-CASH TRANSACTIONS:    
Property and equipment purchases accrued at period end 314 345
Capital lease borrowings for property and equipment $ 111