XML 44 R28.htm IDEA: XBRL DOCUMENT v2.4.0.8
GUARANTOR AND NON-GUARANTOR SUBSIDIARIES (Tables)
6 Months Ended
Aug. 03, 2013
GUARANTOR AND NON-GUARANTOR SUBSIDIARIES  
Schedule of Condensed Consolidating Balance Sheet

Condensed Consolidating Balance Sheet

August 3, 2013

 

 

 

 

 

 

 

Guarantor

 

Non-Guarantor

 

Consolidating

 

Company

 

 

 

Parent

 

Issuer

 

Subsidiaries

 

Subsidiaries

 

Eliminations

 

Consolidated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

Current assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

$

1

 

$

3,010

 

$

5,129

 

$

—

 

$

—

 

$

8,140

 

Merchandise inventories

 

—

 

475,982

 

244,195

 

—

 

—

 

720,177

 

Prepaid expenses and other current assets

 

—

 

63,167

 

4,299

 

4,068

 

(651

)

70,883

 

Total current assets

 

1

 

542,159

 

253,623

 

4,068

 

(651

)

799,200

 

Property, fixtures and equipment at cost, net

 

—

 

224,502

 

172,615

 

245,916

 

—

 

643,033

 

Deferred income taxes

 

—

 

7,160

 

9,272

 

—

 

—

 

16,432

 

Intangible assets, net

 

—

 

34,944

 

71,853

 

—

 

—

 

106,797

 

Investment in and advances to (from) affiliates

 

49,705

 

349,448

 

340,140

 

(52

)

(739,241

)

—

 

Other long-term assets

 

—

 

21,871

 

465

 

1,002

 

—

 

23,338

 

Total assets

 

$

49,706

 

$

1,180,084

 

$

847,968

 

$

250,934

 

$

(739,892

)

$

1,588,800

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities and Shareholders’ Equity

 

 

 

 

 

 

 

 

 

 

 

 

 

Current liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

Accounts payable

 

$

—

 

$

235,160

 

$

—

 

$

—

 

$

—

 

$

235,160

 

Accrued payroll and benefits

 

—

 

24,269

 

5,206

 

—

 

—

 

29,475

 

Accrued expenses

 

—

 

72,039

 

68,587

 

115

 

(651

)

140,090

 

Current maturities of long-term debt and obligations under capital leases

 

—

 

786

 

3,150

 

7,129

 

—

 

11,065

 

Deferred income taxes

 

—

 

11,135

 

11,426

 

—

 

—

 

22,561

 

Total current liabilities

 

—

 

343,389

 

88,369

 

7,244

 

(651

)

438,351

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Long-term debt and obligations under capital leases, less current maturities

 

—

 

631,965

 

44,674

 

215,851

 

—

 

892,490

 

Other long-term liabilities

 

—

 

155,714

 

50,892

 

1,647

 

—

 

208,253

 

Total liabilities

 

—

 

1,131,068

 

183,935

 

224,742

 

(651

)

1,539,094

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Shareholders’ equity

 

49,706

 

49,016

 

664,033

 

26,192

 

(739,241

)

49,706

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total liabilities and shareholders’ equity

 

$

49,706

 

$

1,180,084

 

$

847,968

 

$

250,934

 

$

(739,892

)

$

1,588,800

 

 

Condensed Consolidating Balance Sheet

February 2, 2013

 

 

 

 

 

 

 

Guarantor

 

Non-Guarantor

 

Consolidating

 

Company

 

 

 

Parent

 

Issuer

 

Subsidiaries

 

Subsidiaries

 

Eliminations

 

Consolidated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

Current assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

$

1

 

$

3,414

 

$

4,511

 

$

—

 

$

—

 

$

7,926

 

Merchandise inventories

 

—

 

493,780

 

264,620

 

—

 

—

 

758,400

 

Prepaid expenses and other current assets

 

—

 

62,855

 

4,414

 

3,910

 

(578

)

70,601

 

Total current assets

 

1

 

560,049

 

273,545

 

3,910

 

(578

)

836,927

 

Property, fixtures and equipment at cost, net

 

—

 

221,966

 

179,437

 

251,419

 

—

 

652,822

 

Deferred income taxes

 

—

 

6,216

 

8,794

 

—

 

—

 

15,010

 

Intangible assets, net

 

—

 

36,666

 

73,897

 

—

 

—

 

110,563

 

Investment in and advances to (from) affiliates

 

110,605

 

366,851

 

328,183

 

(52

)

(805,587

)

—

 

Other long-term assets

 

—

 

17,389

 

343

 

1,155

 

—

 

18,887

 

Total assets

 

$

110,606

 

$

1,209,137

 

$

864,199

 

$

256,432

 

$

(806,165

)

$

1,634,209

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities and Shareholders’ Equity

 

 

 

 

 

 

 

 

 

 

 

 

 

Current liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

Accounts payable

 

$

—

 

$

193,898

 

$

—

 

$

—

 

$

—

 

$

193,898

 

Accrued payroll and benefits

 

—

 

26,899

 

5,511

 

—

 

—

 

32,410

 

Accrued expenses

 

—

 

86,686

 

79,350

 

78

 

(578

)

165,536

 

Current maturities of long-term debt and obligations under capital leases

 

—

 

69,874

 

3,034

 

6,903

 

—

 

79,811

 

Deferred income taxes

 

—

 

9,777

 

10,479

 

—

 

—

 

20,256

 

Income taxes payable

 

—

 

12

 

727

 

—

 

—

 

739

 

Total current liabilities

 

—

 

387,146

 

99,101

 

6,981

 

(578

)

492,650

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Long-term debt and obligations under capital leases, less current maturities

 

—

 

555,532

 

46,279

 

219,531

 

—

 

821,342

 

Other long-term liabilities

 

—

 

155,208

 

52,815

 

1,588

 

—

 

209,611

 

Total liabilities

 

—

 

1,097,886

 

198,195

 

228,100

 

(578

)

1,523,603

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Shareholders’ equity

 

110,606

 

111,251

 

666,004

 

28,332

 

(805,587

)

110,606

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total liabilities and shareholders’ equity

 

$

110,606

 

$

1,209,137

 

$

864,199

 

$

256,432

 

$

(806,165

)

$

1,634,209

 

Schedule of Condensed Consolidating Statement Of Operations

Condensed Consolidating Statement of Operations

Thirteen Weeks Ended August 3, 2013

 

 

 

 

 

 

 

Guarantor

 

Non-Guarantor

 

Consolidating

 

Company

 

 

 

Parent

 

Issuer

 

Subsidiaries

 

Subsidiaries

 

Eliminations

 

Consolidated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$

—

 

$

322,579

 

$

234,561

 

$

—

 

$

—

 

$

557,140

 

Other income

 

—

 

7,870

 

5,975

 

—

 

—

 

13,845

 

 

 

—

 

330,449

 

240,536

 

—

 

—

 

570,985

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Costs and expenses:

 

 

 

 

 

 

 

 

 

 

 

 

 

Costs of merchandise sold

 

—

 

203,918

 

147,090

 

—

 

—

 

351,008

 

Selling, general and administrative

 

—

 

128,433

 

90,224

 

30

 

(7,434

)

211,253

 

Depreciation and amortization

 

—

 

11,145

 

9,023

 

2,751

 

—

 

22,919

 

Amortization of lease-related interests

 

—

 

443

 

692

 

—

 

—

 

1,135

 

Impairment charges

 

—

 

131

 

—

 

—

 

—

 

131

 

Loss from operations

 

—

 

(13,621

)

(6,493

)

(2,781

)

7,434

 

(15,461

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other income (expense):

 

 

 

 

 

 

 

 

 

 

 

 

 

Intercompany income

 

—

 

470

 

4,769

 

6,723

 

(11,962

)

—

 

Equity in losses of subsidiaries

 

(36,925

)

(2,298

)

—

 

—

 

39,223

 

—

 

Interest expense, net

 

—

 

(17,559

)

(907

)

(3,609

)

4,528

 

(17,547

)

Loss on exchange/extinguishment of debt

 

—

 

(3,917

)

—

 

—

 

—

 

(3,917

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Loss) income before income taxes

 

(36,925

)

(36,925

)

(2,631

)

333

 

39,223

 

(36,925

)

Income tax provision

 

404

 

404

 

236

 

—

 

(640

)

404

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income

 

$

(37,329

)

$

(37,329

)

$

(2,867

)

$

333

 

$

39,863

 

$

(37,329

)

 

Condensed Consolidating Statement of Operations

Thirteen Weeks Ended July 28, 2012

 

 

 

 

 

 

 

Guarantor

 

Non-Guarantor

 

Consolidating

 

Company

 

 

 

Parent

 

Issuer

 

Subsidiaries

 

Subsidiaries

 

Eliminations

 

Consolidated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$

—

 

$

342,730

 

$

252,125

 

$

—

 

$

—

 

$

594,855

 

Other income

 

—

 

7,167

 

5,238

 

—

 

—

 

12,405

 

 

 

—

 

349,897

 

257,363

 

—

 

—

 

607,260

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Costs and expenses:

 

 

 

 

 

 

 

 

 

 

 

 

 

Costs of merchandise sold

 

—

 

220,297

 

160,419

 

—

 

—

 

380,716

 

Selling, general and administrative

 

—

 

132,475

 

93,693

 

27

 

(6,760

)

219,435

 

Depreciation and amortization

 

—

 

11,115

 

9,558

 

2,752

 

—

 

23,425

 

Amortization of lease-related interests

 

—

 

491

 

687

 

—

 

—

 

1,178

 

Impairment charges

 

—

 

119

 

—

 

—

 

—

 

119

 

Loss from operations

 

—

 

(14,600

)

(6,994

)

(2,779

)

6,760

 

(17,613

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other income (expense):

 

 

 

 

 

 

 

 

 

 

 

 

 

Intercompany income

 

—

 

—

 

37

 

6,723

 

(6,760

)

—

 

Equity in losses of subsidiaries

 

(44,620

)

(9,040

)

—

 

—

 

53,660

 

—

 

Interest expense, net

 

—

 

(14,679

)

(2,312

)

(3,715

)

—

 

(20,706

)

Loss on exchange/extinguishment of debt

 

—

 

(6,301

)

—

 

—

 

—

 

(6,301

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Loss) income before income taxes

 

(44,620

)

(44,620

)

(9,269

)

229

 

53,660

 

(44,620

)

Income tax provision

 

419

 

419

 

188

 

—

 

(607

)

419

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income

 

$

(45,039

)

$

(45,039

)

$

(9,457

)

$

229

 

$

54,267

 

$

(45,039

)

 

Condensed Consolidating Statement of Operations

Twenty-Six Weeks Ended August 3, 2013

 

 

 

 

 

 

 

Guarantor

 

Non-Guarantor

 

Consolidating

 

Company

 

 

 

Parent

 

Issuer

 

Subsidiaries

 

Subsidiaries

 

Eliminations

 

Consolidated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$

—

 

$

699,847

 

$

504,197

 

$

—

 

$

—

 

$

1,204,044

 

Other income

 

—

 

16,444

 

12,380

 

—

 

—

 

28,824

 

 

 

—

 

716,291

 

516,577

 

—

 

—

 

1,232,868

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Costs and expenses:

 

 

 

 

 

 

 

 

 

 

 

 

 

Costs of merchandise sold

 

—

 

451,395

 

321,201

 

—

 

—

 

772,596

 

Selling, general and administrative

 

—

 

265,896

 

185,440

 

60

 

(15,047

)

436,349

 

Depreciation and amortization

 

—

 

21,287

 

17,310

 

5,502

 

—

 

44,099

 

Amortization of lease-related interests

 

—

 

887

 

1,384

 

—

 

—

 

2,271

 

Impairment charges

 

—

 

131

 

—

 

—

 

—

 

131

 

Loss from operations

 

—

 

(23,305

)

(8,758

)

(5,562

)

15,047

 

(22,578

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other income (expense):

 

 

 

 

 

 

 

 

 

 

 

 

 

Intercompany income

 

—

 

968

 

9,082

 

13,519

 

(23,569

)

—

 

Equity in losses of subsidiaries

 

(63,110

)

(789

)

—

 

—

 

63,899

 

—

 

Interest expense, net

 

—

 

(35,707

)

(1,827

)

(7,243

)

8,522

 

(36,255

)

Loss on exchange/extinguishment of debt

 

—

 

(4,277

)

—

 

—

 

—

 

(4,277

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Loss) income before income taxes

 

(63,110

)

(63,110

)

(1,503

)

714

 

63,899

 

(63,110

)

Income tax provision

 

854

 

854

 

469

 

—

 

(1,323

)

854

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income

 

$

(63,964

)

$

(63,964

)

$

(1,972

)

$

714

 

$

65,222

 

$

(63,964

)

 

Condensed Consolidating Statement of Operations

Twenty-Six Weeks Ended July 28, 2012

 

 

 

 

 

 

 

Guarantor

 

Non-Guarantor

 

Consolidating

 

Company

 

 

 

Parent

 

Issuer

 

Subsidiaries

 

Subsidiaries

 

Eliminations

 

Consolidated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$

—

 

$

711,440

 

$

524,186

 

$

—

 

$

—

 

$

1,235,626

 

Other income

 

—

 

14,178

 

11,753

 

—

 

—

 

25,931

 

 

 

—

 

725,618

 

535,939

 

—

 

—

 

1,261,557

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Costs and expenses:

 

 

 

 

 

 

 

 

 

 

 

 

 

Costs of merchandise sold

 

—

 

463,935

 

337,997

 

—

 

—

 

801,932

 

Selling, general and administrative

 

—

 

272,827

 

192,107

 

(3,514

)

(13,745

)

447,675

 

Depreciation and amortization

 

—

 

21,420

 

18,610

 

5,582

 

—

 

45,612

 

Amortization of lease-related interests

 

—

 

984

 

1,377

 

—

 

—

 

2,361

 

Impairment charges

 

—

 

119

 

—

 

—

 

—

 

119

 

Loss from operations

 

—

 

(33,667

)

(14,152

)

(2,068

)

13,745

 

(36,142

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other income (expense):

 

 

 

 

 

 

 

 

 

 

 

 

 

Intercompany income

 

—

 

—

 

37

 

13,708

 

(13,745

)

—

 

Equity in losses of subsidiaries

 

(84,891

)

(15,652

)

—

 

—

 

100,543

 

—

 

Interest expense, net

 

—

 

(29,271

)

(4,455

)

(7,553

)

—

 

(41,279

)

Loss on exchange/extinguishment of debt

 

—

 

(6,301

)

—

 

(1,169

)

—

 

(7,470

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Loss) income before income taxes

 

(84,891

)

(84,891

)

(18,570

)

2,918

 

100,543

 

(84,891

)

Income tax provision

 

928

 

928

 

421

 

—

 

(1,349

)

928

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income

 

$

(85,819

)

$

(85,819

)

$

(18,991

)

$

2,918

 

$

101,892

 

$

(85,819

)

 

Schedule of Condensed Consolidating Statement of Comprehensive (Loss) Income

Condensed Consolidating Statement of Comprehensive (Loss) Income

Thirteen Weeks Ended August 3, 2013

 

 

 

 

 

 

 

Guarantor

 

Non-Guarantor

 

Consolidating

 

Company

 

 

 

Parent

 

Issuer

 

Subsidiaries

 

Subsidiaries

 

Eliminations

 

Consolidated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income

 

$

(37,329

)

$

(37,329

)

$

(2,867

)

$

333

 

$

39,863

 

$

(37,329

)

Other comprehensive income, net of tax:

 

 

 

 

 

 

 

 

 

 

 

 

 

Pension and postretirement benefit plans

 

1,551

 

1,551

 

—

 

—

 

(1,551

)

1,551

 

Comprehensive (loss) income

 

$

(35,778

)

$

(35,778

)

$

(2,867

)

$

333

 

$

38,312

 

$

(35,778

)

 

Condensed Consolidating Statement of Comprehensive (Loss) Income

Thirteen Weeks Ended July 28, 2012

 

 

 

 

 

 

 

Guarantor

 

Non-Guarantor

 

Consolidating

 

Company

 

 

 

Parent

 

Issuer

 

Subsidiaries

 

Subsidiaries

 

Eliminations

 

Consolidated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income

 

$

(45,039

)

$

(45,039

)

$

(9,457

)

$

229

 

$

54,267

 

$

(45,039

)

Other comprehensive income, net of tax:

 

 

 

 

 

 

 

 

 

 

 

 

 

Pension and postretirement benefit plans

 

1,596

 

1,596

 

—

 

—

 

(1,596

)

1,596

 

Comprehensive (loss) income

 

$

(43,443

)

$

(43,443

)

$

(9,457

)

$

229

 

$

52,671

 

$

(43,443

)

 

Condensed Consolidating Statement of Comprehensive (Loss) Income

Twenty-Six Weeks Ended August 3, 2013

 

 

 

 

 

 

 

Guarantor

 

Non-Guarantor

 

Consolidating

 

Company

 

 

 

Parent

 

Issuer

 

Subsidiaries

 

Subsidiaries

 

Eliminations

 

Consolidated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income

 

$

(63,964

)

$

(63,964

)

$

(1,972

)

$

714

 

$

65,222

 

$

(63,964

)

Other comprehensive income, net of tax:

 

 

 

 

 

 

 

 

 

 

 

 

 

Pension and postretirement benefit plans

 

3,102

 

3,102

 

—

 

—

 

(3,102

)

3,102

 

Comprehensive (loss) income

 

$

(60,862

)

$

(60,862

)

$

(1,972

)

$

714

 

$

62,120

 

$

(60,862

)

 

Condensed Consolidating Statement of Comprehensive (Loss) Income

Twenty-Six Weeks Ended July 28, 2012

 

 

 

 

 

 

 

Guarantor

 

Non-Guarantor

 

Consolidating

 

Company

 

 

 

Parent

 

Issuer

 

Subsidiaries

 

Subsidiaries

 

Eliminations

 

Consolidated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income

 

$

(85,819

)

$

(85,819

)

$

(18,991

)

$

2,918

 

$

101,892

 

$

(85,819

)

Other comprehensive income, net of tax:

 

 

 

 

 

 

 

 

 

 

 

 

 

Pension and postretirement benefit plans

 

3,192

 

3,192

 

—

 

—

 

(3,192

)

3,192

 

Comprehensive (loss) income

 

$

(82,627

)

$

(82,627

)

$

(18,991

)

$

2,918

 

$

98,700

 

$

(82,627

)

Schedule of Condensed Consolidating Statement of Cash Flows

Condensed Consolidating Statement of Cash Flows

Twenty-Six Weeks Ended August 3, 2013

 

 

 

 

 

 

 

Guarantor

 

Non-Guarantor

 

Consolidating

 

Company

 

 

 

Parent

 

Issuer

 

Subsidiaries

 

Subsidiaries

 

Eliminations

 

Consolidated

 

Net cash provided by operating activities

 

$

3,078

 

$

32,102

 

$

8,170

 

$

6,308

 

$

(4,710

)

$

44,948

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash flows from investing activities:

 

 

 

 

 

 

 

 

 

 

 

 

 

Capital expenditures

 

—

 

(29,433

)

(6,065

)

—

 

—

 

(35,498

)

Intercompany investing activity

 

(595

)

(280

)

—

 

—

 

875

 

—

 

Proceeds from sale of property, fixtures and equipment

 

—

 

1,265

 

1

 

—

 

—

 

1,266

 

Net cash used in investing activities

 

(595

)

(28,448

)

(6,064

)

—

 

875

 

(34,232

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash flows from financing activities:

 

 

 

 

 

 

 

 

 

 

 

 

 

Payments on long-term debt and capital lease obligations

 

—

 

(795,009

)

(1,488

)

(3,454

)

—

 

(799,951

)

Proceeds from issuance of long-term debt

 

—

 

800,997

 

—

 

—

 

—

 

800,997

 

Intercompany financing activity

 

—

 

(981

)

—

 

(2,854

)

3,835

 

—

 

Deferred financing costs paid

 

—

 

(8,400

)

—

 

—

 

—

 

(8,400

)

Cash dividends paid

 

(981

)

—

 

—

 

—

 

—

 

(981

)

Restricted shares forfeited in lieu of payroll taxes

 

(2,097

)

—

 

—

 

—

 

—

 

(2,097

)

Proceeds from stock options exercised

 

595

 

—

 

—

 

—

 

—

 

595

 

Decrease in book overdraft balances

 

—

 

(665

)

—

 

—

 

—

 

(665

)

Net cash used in financing activities

 

(2,483

)

(4,058

)

(1,488

)

(6,308

)

3,835

 

(10,502

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net (decrease) increase in cash and cash equivalents

 

—

 

(404

)

618

 

—

 

—

 

214

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents at beginning of period

 

1

 

3,414

 

4,511

 

—

 

—

 

7,926

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents at end of period

 

$

1

 

$

3,010

 

$

5,129

 

$

—

 

$

—

 

$

8,140

 

 

Condensed Consolidating Statement of Cash Flows

Twenty-Six Weeks Ended July 28, 2012

 

 

 

 

 

 

 

Guarantor

 

Non-Guarantor

 

Consolidating

 

Company

 

 

 

Parent

 

Issuer

 

Subsidiaries

 

Subsidiaries

 

Eliminations

 

Consolidated

 

Net cash provided by operating activities

 

$

3,044

 

$

26,336

 

$

5,886

 

$

2,123

 

$

(3,671

)

$

33,718

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash flows from investing activities:

 

 

 

 

 

 

 

 

 

 

 

 

 

Capital expenditures

 

—

 

(30,053

)

(8,864

)

—

 

—

 

(38,917

)

Intercompany investing activity

 

(54

)

(1,079

)

—

 

—

 

1,133

 

—

 

Proceeds from sale of property, fixtures and equipment

 

—

 

24

 

—

 

8,233

 

—

 

8,257

 

Net cash (used in) provided by investing activities

 

(54

)

(31,108

)

(8,864

)

8,233

 

1,133

 

(30,660

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash flows from financing activities:

 

 

 

 

 

 

 

 

 

 

 

 

 

Payments on long-term debt and capital lease obligations

 

—

 

(257,170

)

(1,373

)

(9,751

)

—

 

(268,294

)

Proceeds from issuance of long-term debt

 

—

 

289,528

 

—

 

—

 

—

 

289,528

 

Intercompany financing activity

 

—

 

(1,933

)

—

 

(605

)

2,538

 

—

 

Debt exchange costs paid

 

—

 

(5,508

)

—

 

—

 

—

 

(5,508

)

Cash dividends paid

 

(1,933

)

—

 

—

 

—

 

—

 

(1,933

)

Restricted shares forfeited in lieu of payroll taxes

 

(1,111

)

—

 

—

 

—

 

—

 

(1,111

)

Proceeds from stock options exercised

 

54

 

—

 

—

 

—

 

—

 

54

 

Decrease in book overdraft balances

 

—

 

(21,438

)

—

 

—

 

—

 

(21,438

)

Net cash (used in) provided by financing activities

 

(2,990

)

3,479

 

(1,373

)

(10,356

)

2,538

 

(8,702

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net decrease in cash and cash equivalents

 

—

 

(1,293

)

(4,351

)

—

 

—

 

(5,644

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents at beginning of period

 

1

 

4,695

 

9,576

 

—

 

—

 

14,272

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents at end of period

 

$

1

 

$

3,402

 

$

5,225

 

$

—

 

$

—

 

$

8,628