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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Oct. 26, 2019
Oct. 24, 2020
Oct. 26, 2019
Cash flows from operating activities:      
Net income $ 24,229 $ 38,532 $ 68,404
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Depreciation and amortization 47,356 132,313 140,941
Non-cash lease expense   23,480 22,263
Deferred income tax (benefit) provision   (20,478) 7,189
Stock-based compensation   10,490 8,450
Amortization of debt discount   6,732 15,016
Provision for bad debt (recovery), net 3,498 353 (7,015)
Gain on sale of fixed assets (2,241) (9,207) (13,785)
Gain on debt extinguishment   (12,046) 0
Amortization of debt issuance costs and other   2,189 2,997
Goodwill impairment charge   53,264 0
Change in operating assets and liabilities, net of acquisitions:      
Accounts receivable, net   (122,520) (297,573)
Contract assets, net   48,568 (122,514)
Other current assets and inventories   20,670 (13,795)
Other assets   5,212 39,219
Income taxes receivable/payable   10,513 12,256
Accounts payable   68,731 13,810
Accrued liabilities, insurance claims, operating lease liabilities, and other liabilities   22,629 (9,616)
Net cash provided by (used in) operating activities   279,425 (133,753)
Cash flows from investing activities:      
Capital expenditures   (36,110) (101,858)
Proceeds from sale of assets   11,859 16,169
Other investing activities   0 306
Net cash used in investing activities   (24,251) (85,383)
Cash flows from financing activities:      
Proceeds from borrowings on senior credit agreement, including term loans   773,000 345,000
Principal payments on senior credit agreement, including term loans   (704,875) (242,000)
Extinguishment of 0.75% senior notes 0 (401,736)  
Redemption discount on convertible debt, net of costs 0 30,761  
Settlement of convertible note hedges related to extinguished convertible debt 0 7,197  
Purchase of warrants 0 (7,176)  
Exercise of stock options   5,425 313
Restricted stock tax withholdings   (500) (1,182)
Net cash (used in) provided by financing activities   (297,904) 102,131
Net decrease in cash and equivalents and restricted cash   (42,730) (117,005)
Cash, cash equivalents and restricted cash at beginning of period   59,869 134,151
Cash, cash equivalents and restricted cash at end of period $ 17,146 17,139 17,146
Supplemental disclosure of other cash flow activities and non-cash investing and financing activities:      
Cash paid for interest   17,652 19,966
Cash paid for taxes, net   38,309 6,588
Purchases of capital assets included in accounts payable or other accrued liabilities at period end   $ 3,726 $ 2,247