Consolidated Statements of Cash Flows - USD ($) $ in Thousands |
3 Months Ended |
May. 01, 2016 |
May. 03, 2015 |
| Cash flows from operating activities: |
|
|
| Net income |
$ 31,161
|
$ 19,542
|
| Adjustments to reconcile net income to net cash provided by operating activities: |
|
|
| Depreciation and amortization expense |
20,810
|
18,577
|
| Deferred taxes |
4,722
|
5,569
|
| Excess income tax benefit related to stock-based compensation plans |
(1,538)
|
(2,874)
|
| Loss on disposal of fixed assets |
170
|
289
|
| Share-based compensation charges |
1,360
|
549
|
| Other, net |
699
|
505
|
| Changes in assets and liabilities: |
|
|
| Inventories |
1,032
|
(507)
|
| Prepaid expenses |
(1,944)
|
(1,881)
|
| Income taxes receivable |
3,275
|
2,241
|
| Other current assets |
(4,231)
|
(3,177)
|
| Other assets and deferred charges |
465
|
6
|
| Accounts payable |
1,671
|
2,673
|
| Accrued liabilities |
223
|
48
|
| Income taxes payable |
8,877
|
3,375
|
| Deferred occupancy costs |
9,071
|
6,711
|
| Other liabilities |
832
|
59
|
| Net cash provided by operating activities |
76,655
|
51,705
|
| Cash flows from investing activities: |
|
|
| Capital expenditures |
(38,121)
|
(36,837)
|
| Proceeds from sales of property and equipment |
1
|
116
|
| Net cash used in investing activities |
(38,120)
|
(36,721)
|
| Cash flows from financing activities: |
|
|
| Borrowings under Credit Facility |
6,000
|
|
| Repayments of Credit Facility |
(43,875)
|
|
| Proceeds from the exercise of stock options |
430
|
1,346
|
| Excess income tax benefit related to stock-based compensation plans |
1,538
|
2,874
|
| Net cash provided by (used in) financing activities |
(35,907)
|
4,220
|
| Increase in cash and cash equivalents |
2,628
|
19,204
|
| Beginning cash and cash equivalents |
25,495
|
70,876
|
| Ending cash and cash equivalents |
28,123
|
90,080
|
| Supplemental disclosures of cash flow information: |
|
|
| Cash paid for income taxes, net |
1,028
|
302
|
| Cash paid for interest, net of amounts capitalized |
1,916
|
4,371
|
| Increase in fixed asset accounts payable |
$ 5,767
|
$ 3,954
|