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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jan. 29, 2022
Jan. 30, 2021
Feb. 01, 2020
Cash Flows From Operating Activities:      
Net income $ 174,313 $ 74,266 $ 27,344
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 35,827 29,583 29,323
Contingent earnout, net (13,761) (1,296) 15,057
Impairment charges 2,915 37,109 1,011
Amortization of inventory step-up 0 0 956
Deferred income taxes and unrecognized income tax benefit, net 7,259 (5,774) (5,143)
(Gain) loss on disposal of assets, net (1,501) (3,076) 518
Stock-based compensation 5,540 3,799 2,653
Other non-cash adjustments 0 (135) (2,578)
Changes in operating assets and liabilities:      
Receivables, net (1,694) (3,768) 1,938
Inventories, net (19,181) 85,973 (8,680)
Prepaid expenses and other (2,078) (2,763) (662)
Other assets 1,092 1,493 (570)
Accounts payable (25,580) (26,261) 24,347
Accrued expenses and other (3,663) 8,566 6,775
Net cash provided by operating activities 159,488 197,716 92,289
Cash Flows From Investing Activities:      
Capital expenditures (71,153) (34,760) (17,326)
Proceeds from sale of property and equipment 1,147 841 530
Other (155) 949 (210)
Net cash used in investing activities (70,161) (32,970) (17,006)
Cash Flows From Financing Activities:      
Proceeds under credit facilities 38,259 117,535 81,780
Repayments under credit facilities (38,259) (117,535) (116,780)
Stock repurchases (267,826) (16,717) (34,904)
Payment of cash dividends (10,939) 0 0
Payment of contingent earnout (1,239) (4,761) 0
Payments of finance lease obligations (960) (1,017) (977)
Settlement of net share equity awards (3,257) (897) (555)
Proceeds from options exercised and purchase of shares under the employee stock purchase plan 2,658 1,858 475
Net cash used in financing activities (281,563) (21,534) (70,961)
Net (decrease) increase in cash and cash equivalents (192,236) 143,212 4,322
Cash and cash equivalents, beginning of year 209,290 66,078 61,756
Cash and cash equivalents, end of year 17,054 209,290 66,078
Supplemental Disclosures of Cash Flow Information:      
Interest 243 560 993
Income taxes, net of refunds 52,899 33,654 15,438
Operating cash flows from operating leases 76,400 77,439 74,992
Operating cash flows from finance leases 136 179 223
Financing cash flows from finance leases 960 1,017 977
Supplemental Schedule of Non-Cash Activities:      
Non-cash accruals for capital expenditures 4,012 1,814 0
Operating leases obtained in exchange for lease liabilities, net 91,325 57,357 46,890
Finance leases obtained in exchange for lease liabilities, net $ (407) $ 1,985 $ 574