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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
May 01, 2021
Apr. 25, 2020
Cash flows from operating activities:    
Net income $ 898 $ (32,418)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 39,079 45,871
Non-cash lease expense 7,866 7,921
Deferred income tax provision (benefit) 3,799 (8,710)
Stock-based compensation 3,740 2,322
Amortization of debt discount 663 4,341
Provision for bad debt, net 2,823 118
Gain on sale of fixed assets (2,852) (1,788)
Loss (gain) on debt extinguishment 62 (12,504)
Amortization of debt issuance costs and other 636 951
Goodwill impairment charge 0 53,264
Change in operating assets and liabilities, net of acquisitions:    
Accounts receivable, net (12,246) (54,134)
Contract assets, net 24,629 (13,763)
Other current assets and inventories (19,067) (11,337)
Other assets 2,222 2,019
Income taxes receivable/payable (7,306) 11,518
Accounts payable 7,699 80,319
Accrued liabilities, insurance claims, operating lease liabilities, and other liabilities (11,134) 11,171
Net cash provided by operating activities 41,511 85,161
Cash flows from investing activities:    
Capital expenditures (31,629) (20,701)
Proceeds from sale of assets 3,044 2,400
Net cash used in investing activities (28,585) (18,301)
Cash flows from financing activities:    
Proceeds from Issuance of Senior Long-term Debt 500,000 0
Proceeds from borrowings on senior credit agreement, including term loans 95,000 675,000
Principal payments on senior credit agreement, including term loans (271,875) (5,625)
Debt issuance costs (11,211) 0
Repayments of Senior Debt 0 (167,003)
Redemption discount on convertible debt, net of costs 0 20,040
Settlement of convertible note hedges related to extinguished convertible debt 0 341
Purchase of warrants 0 (397)
Exercise of stock options 366 242
Restricted stock tax withholdings (6,361) (326)
Net cash provided by financing activities 305,919 522,272
Net increase in cash, cash equivalents and restricted cash 318,845 589,132
Cash, cash equivalents and restricted cash at beginning of period 13,574 59,869
Cash, cash equivalents and restricted cash at end of period 332,419 649,001
Supplemental disclosure of other cash flow activities and non-cash investing and financing activities:    
Cash paid for interest 2,592 8,510
Cash paid for taxes, net 430 52
Purchases of capital assets included in accounts payable or other accrued liabilities at period end 9,149 2,933
Debt financing costs included in other accrued liabilities at period end $ 427 $ 0