XML 17 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Apr. 28, 2012
Apr. 30, 2011
Cash flows from operating activities:    
Net loss $ (40,780) $ (35,988)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 22,187 24,513
Amortization of lease-related interests 1,183 1,195
Share-based compensation expense 1,369 1,258
(Gain) loss on sale of property, fixtures and equipment (3,210) 6
Reclassifications of accumulated other comprehensive loss 1,596 955
Loss on extinguishment of debt 1,169 9,450
Amortization of deferred financing costs 2,171 2,124
Amortization of deferred gain on sale of proprietary credit card portfolio (603) (603)
Deferred income tax provision 428 419
Changes in operating assets and liabilities:    
Increase in merchandise inventories (18,791) (21,520)
(Increase) decrease in prepaid expenses and other current assets (6,359) 14,881
(Increase) decrease in other long-term assets (596) 678
Increase in accounts payable 23,754 22,571
Decrease in accrued payroll and benefits and accrued expenses (12,609) (31,318)
Increase in income taxes payable   367
Decrease in other long-term liabilities (4,378) (1,815)
Net cash used in operating activities (33,469) (12,827)
Cash flows from investing activities:    
Capital expenditures (14,288) (7,843)
Proceeds from sale of property, fixtures and equipment 8,257 15
Net cash used in investing activities (6,031) (7,828)
Cash flows from financing activities:    
Payments on long-term debt and capital lease obligations (106,061) (214,689)
Proceeds from issuance of long-term debt 161,216 244,684
Cash dividends paid (961)  
Restricted shares forfeited in lieu of payroll taxes (1,067) (3,555)
Proceeds from stock options exercised 18 324
Deferred financing costs paid   (5,861)
Decrease in book overdraft balances (13,622) (2,991)
Net cash provided by financing activities 39,523 17,912
Net increase (decrease) in cash and cash equivalents 23 (2,743)
Cash and cash equivalents at beginning of period 14,272 16,339
Cash and cash equivalents at end of period $ 14,295 $ 13,596