XML 33 R6.htm IDEA: XBRL DOCUMENT v3.3.1.900
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Oct. 31, 2015
Nov. 01, 2014
Cash flows from operating activities:    
Net loss $ (107,629) $ (78,712)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 69,012 67,678
Amortization of lease-related interests 3,207 3,442
Impairment charges 425 447
Share-based compensation expense 2,338 1,902
Gain on sale of property, fixtures and equipment (2,457) (2,542)
Reclassifications of accumulated other comprehensive loss 4,774 2,442
Loss on extinguishment of debt 4,862 153
Amortization of deferred financing costs 2,227 2,195
Deferred income tax (benefit) provision (596) 1,318
Changes in operating assets and liabilities:    
Increase in merchandise inventories (259,525) (260,915)
Decrease (increase) in prepaid expenses and other current assets 9,399 (2,774)
Decrease in other long-term assets 290 296
Increase in accounts payable 151,915 169,757
(Decrease) increase in accrued payroll and benefits and accrued expenses (6,976) 1,793
Decrease in other long-term liabilities (12,005) (13,676)
Net cash used in operating activities (140,739) (107,196)
Cash flows from investing activities:    
Capital expenditures (70,473) (63,961)
Proceeds from insurance claim 1,510  
Proceeds from sale of property, fixtures and equipment 85,268 5,297
Net cash provided by (used in) investing activities 16,305 (58,664)
Cash flows from financing activities:    
Payments on long-term debt and capital lease obligations (485,015) (411,051)
Proceeds from issuance of long-term debt 624,313 575,231
Cash dividends paid (3,014) (1,981)
Restricted shares forfeited in lieu of payroll taxes (399) (1,937)
Proceeds from stock options exercised 454 22
Deferred financing costs paid (314) (69)
Increase in book overdraft balances 1,323 6,103
Net cash provided by financing activities 137,348 166,318
Net increase in cash and cash equivalents 12,914 458
Cash and cash equivalents at beginning of period 8,753 7,058
Cash and cash equivalents at end of period $ 21,667 $ 7,516