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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jul. 03, 2022
Jul. 04, 2021
Cash flows from operating activities:    
Net income $ 18,037 $ 58,349
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Depreciation and amortization 8,830 8,648
Share-based compensation 1,186 904
Amortization of other assets 225 366
Loss on disposal of equipment 288  
Noncash lease expense 33,881 32,343
Proceeds from insurance recovery - lost profit margin and expenses   1,083
Gain on recovery of insurance proceeds - lost profit margin and expenses   (460)
Gain on recovery of insurance proceeds - property and equipment   (249)
Deferred income taxes 1,607 435
Changes in operating assets and liabilities:    
Accounts receivable, net (425) 3,608
Merchandise inventories, net (57,722) (7,725)
Prepaid expenses and other assets (3,336) (675)
Accounts payable 8,593 24,478
Operating lease liabilities (35,148) (33,704)
Accrued expenses and other long-term liabilities (15,147) 1,337
Net cash (used in) provided by operating activities (39,131) 88,738
Cash flows from investing activities:    
Purchases of property and equipment (5,532) (4,105)
Proceeds from insurance recovery - property and equipment   249
Proceeds from disposal of property and equipment 13  
Net cash used in investing activities (5,519) (3,856)
Cash flows from financing activities:    
Changes in book overdraft 2,325 56
Debt issuance costs paid   (717)
Principal payments under finance lease liabilities (1,899) (1,559)
Proceeds from exercise of share option awards 272 1,800
Cash purchases of treasury stock (4,121)  
Tax withholding payments for share-based compensation (1,212) (1,046)
Dividends paid (11,538) (29,130)
Net cash used in financing activities (16,173) (30,596)
Net (decrease) increase in cash and cash equivalents (60,823) 54,286
Cash and cash equivalents at beginning of period 97,420 64,654
Cash and cash equivalents at end of period 36,597 118,940
Supplemental disclosures of non-cash investing and financing activities:    
Property and equipment acquired under finance leases 942 4,649
Property and equipment additions unpaid 1,363 1,437
Supplemental disclosures of cash flow information:    
Interest paid 316 356
Income taxes paid $ 5,367 $ 10,889