Consolidated Statements of Cash Flows - USD ($)
$ in Thousands |
3 Months Ended |
Apr. 30, 2016 |
May. 02, 2015 |
| CASH FLOWS FROM OPERATING ACTIVITIES: |
|
|
| Net income |
$ 12,882
|
$ 13,062
|
| Adjustments to reconcile net income to net cash provided by operating activities: |
|
|
| Depreciation and amortization |
16,783
|
18,809
|
| Loss on disposal of property and equipment |
290
|
304
|
| Amortization of lease financing obligation discount |
11,354
|
0
|
| Excess tax benefit from share-based compensation |
0
|
(116)
|
| Share-based compensation |
4,368
|
3,851
|
| Non-cash loss on extinguishment of debt |
0
|
5,255
|
| Deferred taxes |
(235)
|
22
|
| Landlord allowance amortization |
(2,138)
|
(2,742)
|
| Payment of original issue discount |
0
|
(2,812)
|
| Changes in operating assets and liabilities: |
|
|
| Receivables, net |
5,633
|
5,066
|
| Inventories |
(25,600)
|
(24,696)
|
| Accounts payable, deferred revenue, and accrued expenses |
(42,534)
|
(13,122)
|
| Other assets and liabilities |
3,536
|
2,487
|
| Net cash (used in) provided by operating activities |
(15,661)
|
5,368
|
| CASH FLOWS FROM INVESTING ACTIVITIES: |
|
|
| Capital expenditures |
(18,247)
|
(23,148)
|
| Net cash used in investing activities |
(18,247)
|
(23,148)
|
| CASH FLOWS FROM FINANCING ACTIVITIES: |
|
|
| Repayment of long-term debt |
0
|
(198,038)
|
| Payments on lease financing obligations |
(389)
|
(383)
|
| Excess tax benefit from share-based compensation |
0
|
116
|
| Proceeds from exercise of stock options |
2,703
|
0
|
| Repurchase of common stock under share repurchase plan (see Note 11) |
(41,527)
|
0
|
| Repurchase of shares for tax withholding obligations |
(4,340)
|
(2,912)
|
| Net cash used in financing activities |
(43,553)
|
(201,217)
|
| EFFECT OF EXCHANGE RATE ON CASH |
1,591
|
536
|
| NET DECREASE IN CASH AND CASH EQUIVALENTS |
(75,870)
|
(218,461)
|
| CASH AND CASH EQUIVALENTS, Beginning of period |
186,903
|
346,159
|
| CASH AND CASH EQUIVALENTS, End of period |
$ 111,033
|
$ 127,698
|