XML 20 R7.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Statements of Cash Flows - USD ($)
9 Months Ended
Oct. 31, 2020
Nov. 02, 2019
Cash flows from operating activities    
Net income (loss) $ (10,016,000) $ 16,349,000
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization 14,571,000 15,330,000
Share-based compensation expense 1,517,000 1,648,000
Impairment of long-lived assets 929,000 0
Loss on disposal of assets 67,000 584,000
Gain on sales and maturities of marketable securities (685,000) (1,391,000)
Deferred income taxes (1,142,000) (470,000)
Changes in operating assets and liabilities:    
Receivables (3,912,000) 1,716,000
Merchandise inventories (9,035,000) (14,528,000)
Prepaid expenses and other current assets 1,912,000 (1,045,000)
Accounts payable 16,130,000 12,901,000
Accrued expenses 2,392,000 (1,740,000)
Deferred revenue (710,000) (1,852,000)
Accrued compensation and benefits 2,906,000 (1,443,000)
Operating lease liabilities 6,109,000 (1,555,000)
Net cash provided by operating activities 21,033,000 24,504,000
Cash flows from investing activities    
Purchases of property and equipment (6,395,000) (10,636,000)
Purchases of marketable securities (30,946,000) (96,810,000)
Maturities of marketable securities 75,157,000 111,504,000
Net cash provided by investing activities 37,816,000 4,058,000
Cash flows from financing activities    
Proceeds from line of credit 23,675,000 0
Repayment of line of credit (23,675,000) 0
Dividends paid (29,677,000) (29,453,000)
Proceeds from exercise of stock options 0 412,000
Taxes paid in lieu of shares issued for share-based compensation 0 (85,000)
Net cash used in financing activities (29,677,000) (29,126,000)
Change in cash and cash equivalents 29,172,000 (564,000)
Cash and cash equivalents, beginning of period 70,137,000 68,160,000
Cash and cash equivalents, end of period 99,309,000 67,596,000
Supplemental disclosures of cash flow information    
Interest paid 182,000 13,000
Income taxes paid 857,000 9,028,000
Supplemental disclosure of non-cash activities    
Unpaid purchases of property and equipment 2,246,000 4,239,000
Leased assets obtained in exchange for new operating lease liabilities $ 11,999 $ 328,795