XML 30 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jul. 28, 2012
Jul. 30, 2011
Cash flows from operating activities:    
Net loss $ (31,637) $ (3,234)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Amortization of deferred financing costs 449 449
Depreciation and amortization 6,647 3,755
Provision for losses on accounts receivable 93 152
Share-based compensation expense 4,419 14
Change in operating assets and liabilities net of effect of acquisition:    
Accounts receivable 9,692 369
Inventories (13,515) 304
Prepaid expenses and other assets 2,442 719
Accounts payable 10,836 12,160
Accounts payable-affiliates (1,405) (4,142)
Accrued expenses and other liabilities and other long-term liabilities (1,609) 2,598
Net cash (used in) provided by operating activities (13,588) 13,144
Cash flows from investing activities:    
Additions to property and equipment (3,257) (1,164)
Payment to acquire Parlux, net of Parlux cash on hand of $17,114 (44,949) 0
Net cash used in investing activities (48,206) (1,164)
Cash flows from financing activities:    
Net borrowings (repayments) under bank line of credit 32,142 (10,825)
Payments on affiliated notes payable 0 (320)
Borrowings under affiliated notes payable to fund Parlux acquisition 30,000 0
Principal payments under capital lease obligations (575) (626)
Proceeds from exercise of stock options 46 4
Net cash provided by (used in) financing activities 61,613 (11,767)
Net (decrease) increase in cash and cash equivalents (181) 213
Cash and cash equivalents at beginning of period 1,682 1,236
Cash and cash equivalents at end of period 1,501 1,449
Supplemental Information:    
Cash paid during the period for Interest 868 1,031
Cash paid during the period for Income taxes 68 488
Fair value of equity consideration given to acquire Parlux $ 89,307 $ 0