XML 42 R8.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Feb. 01, 2014
Feb. 02, 2013
Jan. 28, 2012
Cash Flows From Operating Activities:      
Earnings from continuing operations $ 45,291 $ 31,317 $ 29,243
Adjustments to reconcile earnings from continuing operations to net cash provided by operating activities:      
Depreciation 31,677 25,310 25,959
Amortization of intangible assets 2,225 1,025 1,195
Change in fair value of contingent consideration (275) (6,285) (2,400)
Amortization of deferred financing costs and bond discount 443 962 1,662
Loss on repurchase of senior notes 0 9,143 9,017
Gain on sale of property and equipment (1,611) 0 0
Stock compensation expense 1,659 2,756 2,180
Deferred income taxes 674 (3,753) 5,375
Excess tax benefits related to stock-based compensation (6,086) (354) (398)
Changes in working capital, net of acquisitions and dispositions:      
Receivables (11,917) (3,026) (9,740)
Inventories (29,488) (5,408) (18,332)
Prepaid expenses (3,068) (1,640) (6,030)
Current liabilities 16,821 2,429 6,074
Other non-current assets (1,031) (3,886) 1,684
Other non-current liabilities 6,870 5,938 (6,042)
Net cash provided by operating activities 52,734 67,098 44,247
Cash Flows From Investing Activities:      
Acquisitions, net of cash acquired (17,888) (1,813) (398)
Purchases of property and equipment (43,372) (60,702) (35,310)
Proceeds from sale of property and equipment 2,130 0 0
Net cash used in investing activities (59,130) (62,515) (35,708)
Cash Flows From Financing Activities:      
Repayment of revolving credit arrangements (329,695) (193,328) (112,212)
Proceeds from revolving credit arrangements 354,649 307,270 114,835
Repurchase of senior notes 0 (111,000) (52,175)
Deferred financing costs paid (401) (1,524) 0
Payment of contingent consideration amounts earned 0 (4,980) 0
Proceeds from issuance of common stock, including excess tax benefits 7,499 2,892 3,129
Repurchase of stock awards for employee tax withholding liabilities (13,199) 0 (1,827)
Cash dividends declared and paid (11,915) (9,924) (8,568)
Net cash provided by (used in) financing activities 6,938 (10,594) (56,818)
Cash Flows from Discontinued Operations:      
Net cash provided by discontinued operations 0 0 17,479
Net change in cash and cash equivalents 542 (6,011) (30,800)
Effect of foreign currency translation on cash and cash equivalents 424 155 79
Cash and cash equivalents at the beginning of year 7,517 13,373 44,094
Cash and cash equivalents at the end of year 8,483 7,517 13,373
Supplemental disclosure of cash flow information:      
Cash paid for interest, net 3,826 8,348 15,033
Cash paid for income taxes $ 18,158 $ 25,442 $ 40,839