XML 18 R9.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Oct. 27, 2012
Oct. 29, 2011
Operating activities:    
Net income (loss) $ 56,834 $ 92,344
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization expense 70,691 55,905
Deferred income taxes (1,043) (3,972)
Loss on disposition of equipment 184 1,214
Non-cash share-based compensation expense 14,362 19,713
Excess tax benefit from share-based awards, operating activities (8,095) (2,257)
Pension expense, net of contributions 2,742 1,316
Change in assets and liabilities, excluding effects of acquisition and foreign currency adjustments:    
Inventories (365,637) (330,419)
Accounts payable 224,194 230,778
Current income taxes (52,301) (48,601)
Other current assets (11,189) (15,053)
Other current liabilities 11,558 (4,976)
Other assets (1,274) (1,790)
Other liabilities 23,069 25,362
Net cash (used in) provided by operating activities (35,905) 19,564
Investing activities:    
Capital expenditures (100,382) (102,319)
Cash proceeds from sale of property and equipment 787 645
Purchase of business, net of cash acquired 0 1,758
Return from restricted account 0 8,000
Other (19) 1
Net cash used in investing activities (99,614) (91,915)
Financing activities:    
Net borrowings under bank credit facility 397,200 285,100
Payment of notes payable 0 (16,664)
Payment of capital lease obligations (1,044) (1,502)
Proceeds from the exercise of stock options 33,152 6,550
Excess tax benefit from share-based awards, financing activities 8,095 2,257
Deferred bank credit facility fees paid 0 (2,970)
Payment for treasury shares acquired (304,038) (317,721)
Other 353 120
Net cash provided by (used in) financing activities 133,718 (44,830)
Impact of foreign currency on cash (489) (411)
Decrease in cash and cash equivalents (2,290) (117,592)
Cash and cash equivalents:    
Beginning of period 68,547 177,539
End of period $ 66,257 $ 59,947