XML 20 R9.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Nov. 01, 2014
Nov. 02, 2013
Operating activities:    
Net income $ 19,845 $ 40,942
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization expense 78,287 75,466
Deferred income taxes 3,563 (21,688)
Loss (gain) on disposition of property and equipment 2,033 (3,472)
Non-cash impairment charges 1,424 0
Non-cash share-based compensation expense 8,006 11,465
Excess tax benefit from share-based awards, operating activities (3,582) (248)
Pension expense, net of contributions 1,758 2,402
Change in assets and liabilities, excluding effects of foreign currency adjustments:    
Inventories (160,424) (321,859)
Accounts payable 163,997 190,129
Current income taxes (59,851) (67,415)
Other current assets (1,332) (8,030)
Other current liabilities 10,124 16,098
Other assets 1,402 (2,080)
Other liabilities (2,872) 17,192
Net cash provided by (used in) operating activities 62,378 (71,098)
Investing activities:    
Capital expenditures (74,559) (83,706)
Cash proceeds from sale of property and equipment 2,733 7,084
Other (82) 14
Net cash used in investing activities (71,908) (76,608)
Financing activities:    
Net proceeds from borrowings under bank credit facility 206,400 152,800
Payment of capital lease obligations (703) (855)
Dividends paid (18,823) 0
Proceeds from the exercise of stock options 37,552 4,100
Excess tax benefit from share-based awards, financing activities 3,582 248
Deferred bank credit facility fees paid 0 (895)
Payment for treasury shares acquired (229,820) (214)
Other 62 0
Net cash (used in) provided by financing activities (1,750) 155,184
Impact of foreign currency on cash 5,139 (333)
(Decrease) increase in cash and cash equivalents (6,141) 7,145
Cash and cash equivalents:    
Beginning of period 68,629 60,581
End of period $ 62,488 $ 67,726