|
Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
|
3 Months Ended |
|
Apr. 28, 2012
|
Apr. 30, 2011
|
| Cash flows from operating activities: |
|
|
| Net income |
$ 1,955 |
$ 3,170 |
| Adjustments to reconcile net income to net cash provided by (used in) operating activities: |
|
|
| Depreciation of property and equipment |
3,015 |
3,241 |
| Amortization of landlord construction allowances |
(1,066) |
(1,623) |
| Amortization of debt issue costs |
19 |
6 |
| (Gain) Loss on disposal of property and equipment |
(5) |
72 |
| Cash received for landlord construction allowances |
1,271 |
2,053 |
| Stock-based compensation expense |
793 |
749 |
| Excess tax benefits from exercise of stock options and restricted stock |
(28) |
|
| Deferred income taxes |
(110) |
(59) |
| Changes in assets and liabilities: |
|
|
| Inventories, net |
(178) |
(168) |
| Prepaid expenses and other current assets |
(485) |
(700) |
| Other noncurrent assets |
(212) |
(148) |
| Accounts payable |
(3,542) |
(412) |
| Income taxes payable |
(1,187) |
(688) |
| Accrued expenses and other current and noncurrent liabilities |
(2,973) |
(3,433) |
| Net cash provided by (used in) operating activities |
(2,733) |
2,060 |
| Cash flows from investing activities: |
|
|
| Capital expenditures |
(4,109) |
(3,096) |
| Net cash used in investing activities |
(4,109) |
(3,096) |
| Cash flows from financing activities: |
|
|
| Refinancing costs |
(7) |
|
| Excess tax benefits from exercise of stock options and restricted stock |
28 |
|
| Exercise of stock options and employee stock purchases |
65 |
68 |
| Repurchase and retirement of common stock |
(3,205) |
|
| Net cash provided by (used in) financing activities |
(3,119) |
68 |
| Cash and cash equivalents: |
|
|
| Net decrease |
(9,961) |
(968) |
| Beginning of the period |
83,123 |
91,222 |
| End of the period |
$ 73,162 |
$ 90,254 |