|
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
|
12 Months Ended |
|
Jan. 31, 2015
|
Feb. 01, 2014
|
Feb. 02, 2013
|
| CASH FLOWS FROM OPERATING ACTIVITIES: |
|
|
|
| Net income |
$ 68,325 |
$ 116,539 |
$ 139,267 |
| Adjustments to reconcile net income to net cash provided by operating activities: |
|
|
|
| Depreciation and amortization |
76,437 |
69,810 |
67,727 |
| Loss on disposal of property and equipment |
1,530 |
670 |
124 |
| Impairment charge |
10,527 |
26 |
6 |
| Excess tax benefit from share-based compensation |
(49) |
(210) |
(422) |
| Share-based compensation |
19,326 |
21,174 |
16,308 |
| Deferred taxes |
6,291 |
(807) |
3,937 |
| Landlord allowance amortization |
(11,369) |
(9,342) |
(8,166) |
| Changes in operating assets and liabilities: |
|
|
|
| Receivables, net |
(5,724) |
(6,508) |
(1,991) |
| Inventories |
(28,989) |
2,133 |
(1,997) |
| Accounts payable, deferred revenue, and accrued expenses |
(886) |
(29,870) |
17,564 |
| Other assets and liabilities |
21,151 |
31,460 |
37,007 |
| Net cash provided by operating activities |
156,570 |
195,075 |
269,364 |
| CASH FLOWS FROM INVESTING ACTIVITIES: |
|
|
|
| Capital expenditures |
(115,088) |
(105,368) |
(99,674) |
| Purchase of intangible assets |
(1,010) |
(94) |
(210) |
| Net cash used in investing activities |
(116,098) |
(105,462) |
(99,884) |
| CASH FLOWS FROM FINANCING ACTIVITIES: |
|
|
|
| Payments on capital lease obligations |
(1,478) |
(313) |
(55) |
| Excess tax benefit from share-based compensation |
49 |
210 |
422 |
| Proceeds from share-based compensation |
0 |
4,701 |
623 |
| Repurchase of common stock |
(3,509) |
(37,929) |
(66,541) |
| Net cash used in financing activities |
(4,938) |
(33,331) |
(65,551) |
| EFFECT OF EXCHANGE RATE ON CASH |
(1,259) |
(695) |
6 |
| NET INCREASE IN CASH AND CASH EQUIVALENTS |
34,275 |
55,587 |
103,935 |
| CASH AND CASH EQUIVALENTS, Beginning of period |
311,884 |
256,297 |
152,362 |
| CASH AND CASH EQUIVALENTS, End of period |
346,159 |
311,884 |
256,297 |
| SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION: |
|
|
|
| Cash paid for interest |
17,574 |
17,574 |
17,574 |
| Cash paid to taxing authorities |
$ 43,171 |
$ 75,591 |
$ 99,647 |