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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
May 02, 2020
May 04, 2019
Operating activities:    
Net Income $ (161,975) $ 78,602
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:    
Gain on disposal of assets, excluding insurance gain 19 7,400
Depreciation and amortization of property and other deferred costs 51,381 52,533
Changes in operating assets and liabilities:    
Decrease in accounts receivable 1,196 1,990
Increase in merchandise inventories (105,306) (304,164)
Decrease in other current assets 4,615 2,738
Decrease (increase) in other assets 1,162 (2,149)
Increase in trade accounts payable and accrued expenses and other liabilities 161,463 204,259
(Decrease) increase in income taxes (63,642) 21,948
Net cash (used in) provided by operating activities (111,125) 48,357
Investing activities:    
Purchases of property and equipment and capitalized software (20,230) (18,739)
Proceeds from disposal of assets 111 13,437
Proceeds from Equity Method Investment, Distribution, Return of Capital 215 215
Net cash used in investing activities (19,904) (5,087)
Financing activities:    
Principal payments on long-term debt and finance lease liabilities (277) (222)
Payments of Financing Costs 2,920 0
Cash dividends paid (3,705) (2,632)
Purchase of treasury stock (69,152) (15,440)
Net cash used in financing activities (76,054) (18,294)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect (207,083) 24,976
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 69,994 148,485
Non-cash transactions:    
Accrued capital expenditures 8,314 6,657
Accrued treasury stock purchases 0 2,000
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability $ 3,972 $ 0