Consolidated Statements of Cash Flows - USD ($)
$ in Thousands |
9 Months Ended |
Oct. 30, 2021 |
Oct. 31, 2020 |
| CASH FLOWS FROM OPERATING ACTIVITIES: |
|
|
| Net loss |
$ (21,999)
|
$ (352,169)
|
| Adjustments to reconcile net loss to net cash provided by (used in) operating activities: |
|
|
| Depreciation and amortization |
51,964
|
55,699
|
| Loss on disposal of property and equipment |
74
|
1
|
| Impairment of property, equipment and lease assets |
0
|
29,853
|
| Equity method investment impairment |
0
|
3,233
|
| Share-based compensation |
7,856
|
7,286
|
| Deferred taxes |
0
|
65,358
|
| Landlord allowance amortization |
(319)
|
(312)
|
| Other non-cash adjustments |
0
|
(500)
|
| Changes in operating assets and liabilities: |
|
|
| Receivables, net |
523
|
(1,833)
|
| Income tax receivable |
57,992
|
(109,014)
|
| Inventories |
(119,228)
|
(130,340)
|
| Accounts payable, deferred revenue, and accrued expenses |
95,621
|
183,129
|
| Other assets and liabilities |
5,800
|
(1,993)
|
| NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES |
78,284
|
(251,602)
|
| CASH FLOWS FROM INVESTING ACTIVITIES: |
|
|
| Capital expenditures |
(18,095)
|
(13,550)
|
| NET CASH USED IN INVESTING ACTIVITIES |
(18,095)
|
(13,550)
|
| CASH FLOWS FROM FINANCING ACTIVITIES: |
|
|
| Proceeds from borrowings under the revolving credit facility |
73,000
|
165,000
|
| Repayment of borrowings under the revolving credit facility |
(154,050)
|
0
|
| Proceeds from borrowings under the term loan facility |
50,000
|
0
|
| Repayment of borrowings under the term loan facility |
(43,263)
|
0
|
| Proceeds on financing arrangements |
0
|
2,634
|
| Repayments of financing arrangements |
(769)
|
(1,293)
|
| Costs incurred in connection with debt arrangements |
(471)
|
(382)
|
| Repurchase of common stock for tax withholding obligations |
(3,715)
|
(599)
|
| NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES |
(79,268)
|
165,360
|
| NET DECREASE IN CASH AND CASH EQUIVALENTS |
(19,079)
|
(99,792)
|
| CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD |
55,874
|
207,139
|
| CASH AND CASH EQUIVALENTS, END OF PERIOD |
$ 36,795
|
$ 107,347
|