|
Consolidated Statements of Cash Flows (USD $) In Thousands
|
6 Months Ended |
|
Jul. 30, 2011
|
Jul. 31, 2010
|
| CASH FLOWS FROM OPERATING ACTIVITIES: |
 |
 |
| Net income |
$ 47,633 |
$ 52,675 |
| Adjustments to reconcile net income to net cash provided by operating activities: |
 |
 |
| Depreciation and amortization |
34,557 |
34,429 |
| Loss on disposal of property and equipment |
56 |
633 |
| Change in fair value of interest rate swap |
0 |
(1,906) |
| Share-based compensation |
4,753 |
3,570 |
| Non-cash loss on extinguishment of debt |
2,744 |
8,781 |
| Deferred taxes |
0 |
(32,389) |
| Changes in operating assets and liabilities: |
 |
 |
| Receivables, net |
1,192 |
(1,675) |
| Inventories |
(22,221) |
(12,551) |
| Accounts payable, deferred revenue, and accrued expenses |
(22,682) |
75 |
| Accounts payable and accrued expenses â related parties |
369 |
(2,649) |
| Other assets and liabilities |
(5,149) |
(7,204) |
| Net cash provided by operating activities |
41,252 |
41,789 |
| CASH FLOWS FROM INVESTING ACTIVITIES: |
 |
 |
| Capital expenditures |
(33,553) |
(28,181) |
| Purchase of intangible assets |
(60) |
0 |
| Net cash used in investing activities |
(33,613) |
(28,181) |
| CASH FLOWS FROM FINANCING ACTIVITIES: |
 |
 |
| Borrowings under Senior Notes |
0 |
246,498 |
| Net proceeds from equity offering |
0 |
166,898 |
| Repayments of long-term debt arrangements |
(49,775) |
(300,625) |
| Costs incurred in connection with debt arrangements and Senior Notes |
(1,161) |
(11,986) |
| Costs incurred in connection with equity offering |
0 |
(6,498) |
| Proceeds from share-based compensation |
191 |
0 |
| Repurchase of common stock |
(102) |
0 |
| Repayment of notes receivable |
0 |
5,633 |
| Distributions |
0 |
(261,000) |
| Net cash used in financing activities |
(50,847) |
(161,080) |
| EFFECT OF EXCHANGE RATES ON CASH |
(2) |
0 |
| NET DECREASE IN CASH AND CASH EQUIVALENTS |
(43,210) |
(147,472) |
| CASH AND CASH EQUIVALENTS, Beginning of period |
187,762 |
234,404 |
| CASH AND CASH EQUIVALENTS, End of period |
$ 144,552 |
$ 86,932 |