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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
May 01, 2021
May 02, 2020
Cash Flows From Operating Activities    
Net income/(loss) $ 43,242 $ (16,190)
Adjustments to reconcile net income/(loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 4,315 3,831
Stock-based compensation 1,227 1,054
Loss on retirement and impairment of assets 757 2,089
Deferred income taxes 670 584
Non-cash operating lease expense 11,434 10,250
Other 1,187 (1,065)
Changes in operating assets and liabilities:    
Accounts receivable (381) (3,592)
Merchandise inventories (35,363) (44,493)
Operating leases (16,682) (8,881)
Accounts payable and accrued liabilities 61,519 23,508
Other 4,595 (9,958)
Net cash provided by (used in) operating activities 76,520 (42,863)
Cash Flows From Investing Activities    
Purchases of property and equipment (4,083) (3,189)
Other 0 194
Net cash used in investing activities (4,083) (2,995)
Cash Flows From Financing Activities    
Borrowings under line of credit 0 8,691
Payments on line of credit 0 (8,691)
Proceeds from issuance of stock 64 63
Dividends paid (2,054) (1,320)
Shares surrendered by employees to pay taxes on restricted stock (2,336) (1,700)
Net cash used in financing activities (4,326) (2,957)
Net increase (decrease) in cash and cash equivalents 68,111 (48,815)
Cash and cash equivalents at beginning of period 106,532 61,899
Cash and cash equivalents at end of period 174,643 13,084
Supplemental disclosures of cash flow information:    
Cash paid during period for interest 118 44
Cash paid during period for income taxes 68 (97)
Capital expenditures incurred but not yet paid 1,323 1,358
Dividends declared but not yet paid $ 101 $ 64