CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands |
3 Months Ended |
May 04, 2019 |
May 05, 2018 |
| Operating activities: |
|
|
| Net Income |
$ 78,602
|
$ 80,548
|
| Adjustments to reconcile net income to net cash provided by operating activities: |
|
|
| Gain on disposal of assets, excluding insurance gain |
7,400
|
(82)
|
| Depreciation and amortization of property and other deferred costs |
52,533
|
56,471
|
| Changes in operating assets and liabilities: |
|
|
| Decrease (increase) in accounts receivable |
1,990
|
(4,632)
|
| Increase in merchandise inventories |
(304,164)
|
(317,222)
|
| Decrease (increase) in other current assets |
2,738
|
(5,181)
|
| Increase in other assets |
(2,149)
|
(1,352)
|
| Increase in trade accounts payable and accrued expenses and other liabilities |
204,259
|
224,352
|
| Increase in income taxes |
21,948
|
22,325
|
| Net cash provided by operating activities |
48,357
|
55,391
|
| Investing activities: |
|
|
| Purchases of property and equipment |
(18,739)
|
(39,191)
|
| Proceeds from disposal of assets |
13,437
|
1,918
|
| Proceeds from Equity Method Investment, Distribution, Return of Capital |
215
|
765
|
| Net cash used in investing activities |
(5,087)
|
(36,508)
|
| Financing activities: |
|
|
| Principal payments on long-term debt and capital lease obligations |
(222)
|
(267)
|
| Cash dividends paid |
(2,632)
|
(2,837)
|
| Purchase of treasury stock |
(15,440)
|
(36,816)
|
| Net cash used in financing activities |
(18,294)
|
(39,920)
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect |
24,976
|
(21,037)
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents |
148,485
|
165,991
|
| Non-cash transactions: |
|
|
| Accrued capital expenditures |
6,657
|
8,117
|
| Accrued treasury stock purchases |
$ 2,000
|
$ 0
|