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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
May 04, 2024
Apr. 29, 2023
Cash Flows From Operating Activities:    
Net earnings $ 38,373 $ 58,538
Adjustments to reconcile net earnings to cash flows from operating activities:    
Depreciation 13,586 11,512
Amortization of intangible assets 2,955 3,660
Equity compensation expense 4,051 3,259
Gain on sale of property and equipment   (1,756)
Amortization and write-off of deferred financing costs 96 272
Deferred income taxes 6,059 4,657
Changes in operating assets and liabilities, net of acquisitions and dispositions:    
Receivables, net (24,571) (37,542)
Inventories, net 15,151 39,987
Income tax receivable 112 (2)
Prepaid expenses and other current assets 4,051 634
Current liabilities (15,365) (27,671)
Other balance sheet changes (11,575) (2,991)
Cash provided by operating activities 32,923 52,557
Cash Flows From Investing Activities:    
Acquisitions, net of cash acquired (240) (997)
Purchases of property and equipment (11,894) (16,662)
Proceeds from the sale of property, plant and equipment   2,125
Cash used in investing activities (12,134) (15,534)
Cash Flows From Financing Activities:    
Repayment of revolving credit arrangements (136,216) (137,755)
Proceeds from revolving credit arrangements 125,542 113,051
Deferred financing costs paid   (1,661)
Proceeds from issuance of common stock 513 602
Cash dividends paid (10,549) (10,351)
Cash used in financing activities (20,710) (36,114)
Net change in cash and cash equivalents 79 909
Effect of foreign currency translation on cash and cash equivalents (26) (23)
Cash and cash equivalents at the beginning of year 7,604 8,826
Cash and cash equivalents at the end of period $ 7,657 $ 9,712