XML 18 R7.htm IDEA: XBRL DOCUMENT v3.21.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jul. 31, 2021
Aug. 01, 2020
Cash Flows From Operating Activities    
Net income/(loss) $ 87,454 $ (6,130)
Adjustments to reconcile net income/(loss) to net cash provided by operating activities:    
Depreciation and amortization 8,926 7,866
Stock-based compensation 2,686 1,892
Loss on retirement and impairment of assets 1,034 2,289
Deferred income taxes 1,499 544
Non-cash operating lease expense 21,214 20,844
Other 1,845 334
Changes in operating assets and liabilities:    
Accounts receivable (775) (4,120)
Merchandise inventories (74,875) (39,361)
Operating leases (22,140) (18,898)
Accounts payable and accrued liabilities 53,236 71,373
Other (257) (10,425)
Net cash provided by operating activities 79,847 26,208
Cash Flows From Investing Activities    
Purchases of property and equipment (12,137) (7,206)
Investments in marketable securities and other (17,482) 0
Other 0 194
Net cash used in investing activities (29,619) (7,012)
Cash Flows From Financing Activities    
Borrowings under line of credit 0 24,903
Payments on line of credit 0 (24,903)
Proceeds from issuance of stock 92 105
Dividends paid (4,039) (2,588)
Purchase of common stock for treasury (3,971) 0
Shares surrendered by employees to pay taxes on restricted stock (2,336) (1,727)
Net cash used in financing activities (10,254) (4,210)
Net increase in cash and cash equivalents 39,974 14,986
Cash and cash equivalents at beginning of period 106,532 61,899
Cash and cash equivalents at end of period 146,506 76,885
Supplemental disclosures of cash flow information:    
Cash paid during period for interest 238 156
Cash paid during period for income taxes 16,784 1,501
Capital expenditures incurred but not yet paid 941 1,390
Dividends declared but not yet paid $ 135 $ 88