Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands |
3 Months Ended |
Apr. 29, 2017 |
Apr. 30, 2016 |
| Operating activities: |
|
|
| Net income |
$ 51,512
|
$ 38,659
|
| Adjustments to reconcile net income to net cash provided by operating activities: |
|
|
| Depreciation and amortization expense |
26,030
|
26,791
|
| Deferred income taxes |
1,544
|
(7,982)
|
| Loss (gain) on disposition of equipment |
4
|
(44)
|
| Non-cash share-based compensation expense |
7,852
|
8,500
|
| Excess Tax Benefit from Share-based Compensation, Operating Activities |
0
|
(546)
|
| Unrealized gain on fuel derivatives |
221
|
(1,480)
|
| Pension expense, net of contributions |
0
|
1,393
|
| Change in assets and liabilities, excluding effects of foreign currency adjustments: |
|
|
| Inventories |
22,569
|
42,924
|
| Accounts payable |
(31,359)
|
(18,805)
|
| Current income taxes |
24,848
|
5,471
|
| Other current assets |
(4,816)
|
(1,617)
|
| Other current liabilities |
(16,093)
|
(15,077)
|
| Other assets |
(4,504)
|
(5,160)
|
| Other liabilities |
7,646
|
5,584
|
| Net cash provided by operating activities |
85,454
|
78,611
|
| Investing activities: |
|
|
| Capital expenditures |
(22,125)
|
(18,825)
|
| Cash proceeds from sale of property and equipment |
115
|
72
|
| Other |
0
|
1
|
| Net cash used in investing activities |
(22,010)
|
(18,752)
|
| Financing activities: |
|
|
| Net proceeds from borrowings under bank credit facility |
(9,300)
|
(91,500)
|
| Payment of capital lease obligations |
(857)
|
(1,115)
|
| Dividends paid |
(12,683)
|
(10,597)
|
| Proceeds from the exercise of stock options |
3,872
|
2,732
|
| Excess tax benefit from share-based awards, financing activities |
0
|
546
|
| Payment for treasury shares acquired |
(48,508)
|
(132,895)
|
| Other |
(1)
|
216
|
| Net cash used in financing activities |
(48,877)
|
(49,613)
|
| Increase in cash and cash equivalents |
14,567
|
10,246
|
| Cash and cash equivalents: |
|
|
| Beginning of period |
51,164
|
54,144
|
| End of period |
$ 65,731
|
$ 64,390
|