Consolidated Statements of Cash Flows - USD ($)
$ in Thousands |
6 Months Ended |
Aug. 01, 2015 |
Aug. 02, 2014 |
| CASH FLOWS FROM OPERATING ACTIVITIES: |
|
|
| Net income |
$ 34,090
|
$ 11,950
|
| Adjustments to reconcile net income to net cash provided by operating activities: |
|
|
| Depreciation and amortization |
37,085
|
39,048
|
| Loss on disposal of property and equipment |
1,314
|
121
|
| Impairment charge |
0
|
2,800
|
| Excess tax benefit from share-based compensation |
(262)
|
(32)
|
| Share-based compensation |
11,069
|
10,267
|
| Non-cash loss on extinguishment of debt |
5,314
|
0
|
| Deferred taxes |
22
|
0
|
| Landlord allowance amortization |
(5,980)
|
(5,842)
|
| Payment of original issue discount |
(2,812)
|
0
|
| Changes in operating assets and liabilities: |
|
|
| Receivables, net |
1,201
|
(2,721)
|
| Inventories |
(31,049)
|
(27,298)
|
| Accounts payable, deferred revenue, and accrued expenses |
13,320
|
(21,372)
|
| Other assets and liabilities |
171
|
(2,116)
|
| Net cash provided by operating activities |
63,483
|
4,805
|
| CASH FLOWS FROM INVESTING ACTIVITIES: |
|
|
| Capital expenditures |
(50,904)
|
(59,466)
|
| Purchase of intangible assets |
(35)
|
(10)
|
| Net cash used in investing activities |
(50,939)
|
(59,476)
|
| CASH FLOWS FROM FINANCING ACTIVITIES: |
|
|
| Repayment of long-term debt |
(198,038)
|
0
|
| Costs incurred in connection with debt arrangements |
(852)
|
0
|
| Payments on lease financing obligations |
(773)
|
(752)
|
| Excess tax benefit from share-based compensation |
262
|
32
|
| Proceeds from exercise of stock options |
361
|
0
|
| Repurchase of shares for tax withholding obligations under the 2010 Plan |
(3,690)
|
(3,343)
|
| Net cash used in financing activities |
(202,730)
|
(4,063)
|
| EFFECT OF EXCHANGE RATE ON CASH |
(328)
|
177
|
| NET DECREASE IN CASH AND CASH EQUIVALENTS |
(190,514)
|
(58,557)
|
| CASH AND CASH EQUIVALENTS, Beginning of period |
346,159
|
311,884
|
| CASH AND CASH EQUIVALENTS, End of period |
$ 155,645
|
$ 253,327
|