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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
May 02, 2021
May 03, 2020
Operating Activities:    
Net income/(loss) $ 9,443 $ (34,819)
Adjustments to reconcile net income to net cash provided by operating activities:    
Goodwill and intangible asset impairment charges 0 44,318
Depreciation and amortization 1,714 1,685
Deferred income tax expense 1,749 (10,045)
Noncash restricted stock and performance awards (319) 605
Benefit from doubtful accounts and sales allowances (791) (328)
Gain on life insurance policies (439) (571)
Changes in assets and liabilities:    
Trade accounts receivable (7,255) 24,129
Inventories (11,316) 10,763
Income tax recoverable 0 (867)
Prepaid expenses and other current assets (2,441) (1,468)
Trade accounts payable 7,373 (12,149)
Accrued salaries, wages, and benefits (1,053) (1,661)
Accrued income taxes 1,035 0
Customer deposits 3,004 673
Operating lease liabilities 84 367
Other accrued expenses (558) (1,720)
Deferred compensation 8 12
Net cash provided by operating activities 238 18,924
Investing Activities:    
Purchases of property and equipment (2,188) (380)
Premiums paid on life insurance policies (155) (162)
Proceeds received on life insurance policies 0 673
Net cash (used in)/provided by investing activities (2,343) 131
Financing Activities:    
Cash dividends paid (2,140) (1,894)
Payments for long-term debt 0 (1,952)
Cash used in financing activities (2,140) (3,846)
Net (decrease)/increase in cash and cash equivalents (4,245) 15,209
Cash and cash equivalents - beginning of year 65,841 36,031
Cash and cash equivalents - end of quarter 61,596 51,240
Supplemental disclosure of cash flow information:    
Cash paid for interest, net 0 240
Cash (refund)/paid for income taxes (9) 43
Non-cash transactions:    
Increase/(decrease) in lease liabilities arising from obtaining right-of-use assets 6 (3)
Increase in property and equipment through accrued purchases $ 3 $ 51