XML 44 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Jan. 28, 2012
Jan. 29, 2011
Jan. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income (loss) $ 77,225 $ 83,124 $ 88,354
Less (loss) from discontinued operations 0 463 487
Income (loss) from continuing operations 77,225 83,587 88,841
Reconciliation of income from continuing operations to net cash provided by operating activities:      
Depreciation and amortization 74,573 71,640 71,447
Stock-based compensation 9,286 8,045 8,450
Excess tax benefits from stock-based compensation (532) (692) 0
Deferred taxes 3,953 27,473 17,345
Deferred rent expense and lease incentives (14,892) (16,623) (16,627)
Other 3,683 4,091 5,362
Changes in operating assets and liabilities:      
Inventories (2,760) (2,476) 8,438
Prepaid expenses and other assets 806 (2,366) (137)
Income taxes payable, net of prepayments (3,090) 3,080 776
Accounts payable and other current liabilities (617) (13,597) (35,170)
Deferred rent and other liabilities 8,468 12,349 6,452
Total adjustments 78,878 90,924 66,336
Net cash provided by operating activities 156,103 174,511 155,177
CASH FLOWS FROM INVESTING ACTIVITIES:      
Property and equipment purchases, lease acquisition and software costs (79,764) (83,945) (62,217)
Release of restricted cash 2,351 0 (2,112)
Purchase of company-owned life insurance policies (246) (373) 0
Net cash used in investing activities (77,659) (84,318) (64,329)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Borrowings under revolving credit facilities 117,263 156,712 183,613
Repayments under revolving credit facilities (117,263) (156,712) (183,613)
Purchase and retirement of common stock, including transaction costs (91,757) (90,623) (73,993)
Payments for Loans 0 0 (85,000)
Exercise of stock options 6,825 11,923 5,981
Excess tax benefits from stock-based compensation 532 692 0
Deferred financing costs (628) 0 (1,000)
Net cash provided by (used in) financing activities (85,028) (78,008) (154,012)
Effect of exchange rate changes on cash (418) 3,092 5,338
Net increase (decrease) in cash and cash equivalents (7,002) 15,277 (57,826)
Cash and cash equivalents, beginning of period 183,657 168,380 226,206
Cash and cash equivalents, end of period 176,655 183,657 168,380
OTHER CASH FLOW INFORMATION:      
Net cash paid during the year for income taxes 37,257 20,140 16,786
Cash paid during the year for interest 1,273 1,595 5,465
Payments for (Proceeds from) Productive Assets $ 1,414 $ (2,870) $ 3,433