Consolidated Statements of Cash Flows - USD ($)
$ in Thousands |
3 Months Ended |
May 04, 2019 |
May 05, 2018 |
| CASH FLOWS FROM OPERATING ACTIVITIES: |
|
|
| Net (loss)/income |
$ (9,934)
|
$ 517
|
| Adjustments to reconcile net (loss)/income to net cash used in operating activities: |
|
|
| Depreciation and amortization |
22,216
|
21,162
|
| Loss on disposal of property and equipment |
350
|
231
|
| Share-based compensation |
2,372
|
3,814
|
| Deferred taxes |
(14)
|
(12)
|
| Landlord allowance amortization |
(813)
|
(2,973)
|
| Changes in operating assets and liabilities: |
|
|
| Receivables, net |
3,453
|
837
|
| Inventories |
(17,875)
|
(16,785)
|
| Accounts payable, deferred revenue, and accrued expenses |
(10,819)
|
(29,530)
|
| Other assets and liabilities |
(5,881)
|
(2,040)
|
| Net cash used in operating activities |
(16,945)
|
(24,779)
|
| CASH FLOWS FROM INVESTING ACTIVITIES: |
|
|
| Capital expenditures |
(4,078)
|
(7,920)
|
| Net cash used in investing activities |
(4,078)
|
(7,920)
|
| CASH FLOWS FROM FINANCING ACTIVITIES: |
|
|
| Payments on lease financing obligations |
(27)
|
(454)
|
| Repayments of financing arrangements |
0
|
(303)
|
| Repurchase of common stock under share repurchase program |
(4,889)
|
(15,638)
|
| Repurchase of common stock for tax withholding obligations |
(1,498)
|
(2,607)
|
| Net cash used in financing activities |
(6,414)
|
(19,002)
|
| NET DECREASE IN CASH AND CASH EQUIVALENTS |
(27,437)
|
(51,701)
|
| CASH AND CASH EQUIVALENTS, Beginning of period |
171,670
|
236,222
|
| CASH AND CASH EQUIVALENTS, Beginning of period |
$ 144,233
|
$ 184,521
|