|
Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
|
9 Months Ended |
|
Oct. 27, 2012
|
Oct. 29, 2011
|
| Operating activities: |
|
|
| Net loss |
$ (1,521) |
$ (4,699) |
| Adjustments to reconcile net loss to net cash provided by operating activities: |
|
|
| Depreciation and amortization |
18,153 |
18,389 |
| Asset impairment |
660 |
2,305 |
| Loss on disposal of property and equipment |
14 |
267 |
| Deferred income taxes |
(601) |
(7) |
| Noncash stock-based compensation expense |
1,980 |
2,192 |
| Excess tax benefits from stock-based payment arrangements |
463 |
(860) |
| Changes in assets and liabilities: |
|
|
| Inventory |
(15,174) |
(5,724) |
| Prepaid and other current assets |
(478) |
(1,210) |
| Other assets |
42 |
(229) |
| Accounts payable |
(11,843) |
(3,814) |
| Accrued expenses and other long-term liabilities |
917 |
5,877 |
| Accrued compensation |
(1,615) |
323 |
| Income tax receivable/payable |
7,850 |
(8,189) |
| Layaway deposits |
1,941 |
2,919 |
| Net cash provided by operating activities |
788 |
7,540 |
| Investing activities: |
|
|
| Sales/redemptions of investment securities |
51 |
1,080 |
| Purchases of investment securities |
|
(11,049) |
| Purchases of property and equipment |
(5,798) |
(33,766) |
| Net cash used in investing activities |
(5,747) |
(43,735) |
| Financing activities: |
|
|
| Excess tax benefits from stock-based payment arrangements |
(463) |
860 |
| Proceeds from the exercise of stock options |
|
23 |
| Shares acquired to settle withholding taxes on the vesting of nonvested restricted stock |
(369) |
(694) |
| Net cash (used in) provided by financing activities |
(832) |
189 |
| Net decrease in cash and cash equivalents |
(5,791) |
(36,006) |
| Cash and cash equivalents: |
|
|
| Beginning of period |
41,986 |
69,231 |
| End of period |
36,195 |
33,225 |
| Supplemental disclosures of cash flow information: |
|
|
| Cash paid for interest |
109 |
|
| Cash (refunds) payments of income taxes |
(8,985) |
4,214 |
| Supplemental disclosures of noncash investing activities: |
|
|
| Decrease in accrual for purchases of property and equipment |
$ (1,315) |
$ (1,320) |