Consolidated Statements of Cash Flows - USD ($)
$ in Thousands |
12 Months Ended |
Jan. 30, 2016 |
Jan. 31, 2015 |
Feb. 01, 2014 |
| Operating activities: |
|
|
|
| Net income |
$ 15,527
|
$ 8,966
|
$ 464
|
| Adjustments to reconcile net income to net cash provided by operating activities: |
|
|
|
| Depreciation |
18,577
|
20,177
|
21,974
|
| Asset impairment |
|
83
|
1,542
|
| Deferred income taxes |
699
|
956
|
(1,692)
|
| Gain on sale of former distribution center |
|
|
(1,526)
|
| Loss on disposal of property and equipment |
31
|
23
|
1
|
| Noncash stock-based compensation expense |
4,148
|
4,007
|
3,355
|
| Excess tax benefits from stock-based payment arrangements |
(1,312)
|
(342)
|
305
|
| Changes in assets and liabilities: |
|
|
|
| Inventory |
(5,963)
|
(4,556)
|
14,972
|
| Prepaid and other current assets |
2,403
|
(3,383)
|
(573)
|
| Other assets |
(67)
|
48
|
55
|
| Accounts payable |
(5,000)
|
12,082
|
(2,653)
|
| Accrued expenses and other long-term liabilities |
(568)
|
(3,016)
|
(2,565)
|
| Accrued compensation |
(1,899)
|
5,448
|
1,419
|
| Income tax receivable |
1,000
|
(237)
|
435
|
| Layaway deposits |
(88)
|
70
|
(145)
|
| Net cash provided by operating activities |
27,488
|
40,326
|
35,368
|
| Investing activities: |
|
|
|
| Purchases of investment securities |
(44,310)
|
(22,183)
|
(24,548)
|
| Sales/redemptions of investment securities |
19,046
|
9,667
|
17,292
|
| Proceeds from sale of former distribution center |
|
|
2,941
|
| Purchases of property and equipment |
(19,601)
|
(11,002)
|
(8,469)
|
| Net cash used in investing activities |
(44,865)
|
(23,518)
|
(12,784)
|
| Financing activities: |
|
|
|
| Excess tax benefits from stock-based payment arrangements |
1,312
|
342
|
(305)
|
| Cash used to settle withholding taxes on stock option exercises and the vesting of nonvested restricted stock |
(2,586)
|
(1,592)
|
(668)
|
| Proceeds from the exercise of stock options |
70
|
28
|
54
|
| Dividends paid to stockholders |
(1,797)
|
|
|
| Repurchase of common stock |
(15,020)
|
|
|
| Net cash used in financing activities |
(18,021)
|
(1,222)
|
(919)
|
| Net increase (decrease) in cash and cash equivalents |
(35,398)
|
15,586
|
21,665
|
| Cash and cash equivalents: |
|
|
|
| Beginning of period |
74,514
|
58,928
|
37,263
|
| End of period |
39,116
|
74,514
|
58,928
|
| Supplemental disclosures of cash flow information: |
|
|
|
| Cash paid for interest |
127
|
134
|
127
|
| Cash payments of income taxes |
7,088
|
1,425
|
503
|
| Supplemental disclosures of noncash investing activities: |
|
|
|
| Accrual for purchases of property and equipment |
$ 2,036
|
$ 730
|
$ 207
|