XML 17 R6.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Apr. 29, 2017
Apr. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ 36,229 $ 25,985
Reconciliation of income from continuing operations to net cash provided by operating activities:    
Depreciation and amortization 15,692 16,461
Stock-based compensation 7,659 6,544
Excess tax benefits from stock-based compensation 0 (1,008)
Deferred taxes (3,032) (5,349)
Deferred rent expense and lease incentives (2,853) (2,808)
Other 90 224
Changes in operating assets and liabilities:    
Inventories 28,179 21,327
Prepaid expenses and other assets 221 1,348
Income taxes payable, net of prepayments 8,159 16,256
Accounts payable and other current liabilities (58,226) (51,807)
Deferred rent and other liabilities (3,391) 1,122
Net cash provided by operating activities 29,211 28,295
CASH FLOWS FROM INVESTING ACTIVITIES:    
Property and equipment purchases, lease acquisition and software costs (13,292) (7,084)
Purchase of short-term investments (55,800) (30,000)
Proceeds from Sale of Short-term Investments 49,300 11,299
Change in company-owned life insurance policies (398) (49)
Net cash used in investing activities (20,190) (25,834)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings under revolving credit facilities 154,200 134,374
Repayments under revolving credit facilities (142,181) (109,374)
Purchase and retirement of common stock, including transaction costs (32,810) (46,150)
Payments of Ordinary Dividends, Common Stock (7,002) (3,803)
Excess tax benefits from stock-based compensation 0 1,008
Net cash provided by (used in) financing activities (27,793) (23,945)
Effect of exchange rate changes on cash 691 8,751
Net increase (decrease) in cash and cash equivalents (18,081) (12,733)
Cash and cash equivalents, beginning of period 193,709 187,534
Cash and cash equivalents, end of period 175,628 174,801
OTHER CASH FLOW INFORMATION:    
Net cash paid during the year for income taxes 4,884 2,525
Cash paid during the year for interest (441) (323)
Payments for (Proceeds from) Productive Assets $ (4,596) $ (1,713)