CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands |
9 Months Ended |
Oct. 29, 2016 |
Oct. 31, 2015 |
| Cash flows from operating activities: |
|
|
| Net income (loss) |
$ 79,743
|
$ (90,226)
|
| Adjustments to reconcile net income (loss) to net cash used in operating activities: |
|
|
| Depreciation and amortization |
41,917
|
45,652
|
| Impairment of assets |
142,271
|
|
| Amortization of lease rights and other assets |
2,054
|
2,534
|
| Amortization of debt issuance costs |
6,176
|
6,188
|
| Accretion of debt premium |
(2,029)
|
(1,864)
|
| Non-cash in kind interest expense |
9,156
|
|
| Net unfavorable accretion of lease obligations |
(190)
|
(256)
|
| Loss on sale/retirement of property and equipment, net |
228
|
343
|
| Gain on early debt extinguishment |
(317,323)
|
|
| Gain on sale of intangible assets/lease rights |
(303)
|
(2,475)
|
| Stock-based compensation benefit |
(11)
|
(502)
|
| (Increase) decrease in: |
|
|
| Inventories |
(1,249)
|
(47,094)
|
| Prepaid expenses |
(4,960)
|
(13,536)
|
| Other assets |
(1,658)
|
(6,180)
|
| Increase (decrease) in: |
|
|
| Trade accounts payable |
(1,353)
|
29,595
|
| Income taxes payable |
355
|
746
|
| Accrued interest payable |
(23,416)
|
(25,492)
|
| Accrued expenses and other liabilities |
(9,374)
|
(4,340)
|
| Deferred income taxes |
(2,377)
|
528
|
| Deferred rent expense |
(1,274)
|
2,927
|
| Net cash provided by (used in) operating activities |
(83,617)
|
(103,452)
|
| Cash flows from investing activities: |
|
|
| Acquisition of property and equipment |
(12,351)
|
(22,414)
|
| Acquisition of intangible assets/lease rights |
(110)
|
(140)
|
| Proceeds from sale of intangible assets/lease rights |
303
|
2,614
|
| Net cash used in investing activities |
(12,158)
|
(19,940)
|
| Cash flows from financing activities: |
|
|
| Proceeds from revolving credit facilities |
165,427
|
285,223
|
| Payments on revolving credit facilities |
(40,935)
|
(163,758)
|
| Payment of debt issuance costs |
(11,272)
|
(415)
|
| Principal payments on capital lease |
(176)
|
(123)
|
| Capital contribution from Parent |
11,550
|
|
| Net cash provided by (used in) financing activities |
124,594
|
120,927
|
| Effect of foreign currency exchange rate changes on cash and cash equivalents |
(7,174)
|
(1,013)
|
| Net increase (decrease) in cash and cash equivalents |
21,645
|
(3,478)
|
| Cash and cash equivalents, at beginning of period |
18,871
|
27,386
|
| Cash and cash equivalents, at end of period |
40,516
|
23,908
|
| Supplemental disclosure of cash flow information: |
|
|
| Interest paid |
167,819
|
185,815
|
| Income taxes paid |
$ 1,425
|
2,932
|
| Non-cash investing activities |
|
|
| Restricted cash received in escrow (bank) |
|
$ (2,029)
|