XML 59 R7.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Consolidated Statements Of Cash Flows (USD $)
In Thousands
3 Months Ended
Jul. 30, 2011
Jul. 31, 2010
Cash flows from operating activities:    
Net loss $ (56,606) $ (62,543)
Adjustments to reconcile net loss from continuing operations to net cash flows from operating activities:    
Depreciation and amortization (including amortization of deferred financing fees) 57,006 59,281
Stock-based compensation expense 4,689 5,148
Deferred taxes 691 658
Loss on disposal of property and equipment 111 363
Decrease in other long-term liabilities (14,313) (9,574)
Changes in operating assets and liabilities, net (194,898) (111,084)
Net cash flows from operating activities (203,320) (117,751)
Cash flows from investing activities:    
Purchases of property and equipment (26,625) (21,424)
Net (increase) decrease in other noncurrent assets (3,847) 179
Net cash flows used in investing activities (30,472) (21,245)
Cash flows from financing activities:    
Net increase in credit facility 196,500 119,600
Proceeds from exercise of common stock options 678 49
Excess tax benefit from stock-based compensation 145 694
Purchase of treasury stock (607) (579)
Cash dividend paid to shareholders   (14,714)
Net cash flows used in financing activities 196,716 105,050
Net decrease in cash and cash equivalents (37,076) (33,946)
Cash and cash equivalents at beginning of period 59,429 60,965
Cash and cash equivalents at end of period 22,353 27,019
Changes in operating assets and liabilities, net:    
Receivables, net (6,249) (4,511)
Merchandise inventories (439,074) (417,572)
Prepaid expenses and other current assets 5,304 (5,537)
Accounts payable and accrued liabilities 245,121 316,536
Changes in operating assets and liabilities, net (194,898) (111,084)
Supplemental cash flow information:    
Interest paid 10,296 16,761
Income taxes (net of refunds) $ 1,844 $ 14,079