XML 26 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Nov. 02, 2013
Oct. 27, 2012
Cash flows from operating activities:    
Net loss $ (64,895) $ (95,967)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 65,248 67,093
Amortization of lease-related interests 3,388 3,529
Impairment charges 452 712
Share-based compensation expense 3,000 3,913
Gain on sale of property, fixtures and equipment (403) (2,924)
Reclassifications of accumulated other comprehensive loss 4,653 4,788
Loss on exchange/extinguishment of debt 4,297 8,087
Amortization of deferred financing costs 3,029 5,460
Amortization of deferred gain on sale of proprietary credit card portfolio   (1,021)
Deferred income tax provision 1,317 1,283
Changes in operating assets and liabilities:    
Increase in merchandise inventories (156,203) (258,183)
(Increase) decrease in prepaid expenses and other current assets (20,520) 2,344
Increase in other long-term assets (1,159) (377)
Increase in accounts payable 151,986 174,039
Decrease in accrued payroll and benefits and accrued expenses (13,953) (5,706)
Decrease in income taxes payable (735)  
(Decrease) increase in other long-term liabilities (2,893) 21,357
Net cash used in operating activities (23,391) (71,573)
Cash flows from investing activities:    
Capital expenditures (60,780) (57,567)
Proceeds from sale of property, fixtures and equipment 1,274 8,258
Net cash used in investing activities (59,506) (49,309)
Cash flows from financing activities:    
Payments on long-term debt and capital lease obligations (917,791) (406,539)
Proceeds from issuance of long-term debt 1,007,791 544,636
Cash dividends paid (1,966) (2,904)
Restricted shares forfeited in lieu of payroll taxes (2,134) (1,660)
Proceeds from stock options exercised 595 537
Deferred financing costs paid (8,712) (878)
Debt exchange costs paid   (6,684)
Increase (decrease) in book overdraft balances 5,270 (11,794)
Net cash provided by financing activities 83,053 114,714
Net increase (decrease) in cash and cash equivalents 156 (6,168)
Cash and cash equivalents at beginning of period 7,926 14,272
Cash and cash equivalents at end of period $ 8,082 $ 8,104