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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jul. 29, 2023
Jul. 30, 2022
Operating activities:    
Net loss $ (455,910) $ (95,232)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization expense 79,216 75,152
Non-cash lease expense 178,890 137,618
Deferred income taxes 56,787 (31,432)
Non-cash impairment charge 84,389 24,328
Gain on disposition of property and equipment (6,144) (1,531)
Non-cash share-based compensation expense 8,495 7,525
Unrealized gain on fuel derivatives 0 (257)
Change in assets and liabilities    
Inventories 164,724 78,789
Accounts payable (83,207) (183,800)
Operating lease liabilities (183,638) (129,436)
Current income taxes 1,005 10,982
Other current assets 42 (4,330)
Other current liabilities 8,021 (19,133)
Other assets (1,953) 348
Other liabilities (1,328) (5,000)
Net cash used in operating activities (150,611) (135,409)
Investing activities:    
Capital expenditures (29,998) (89,372)
Cash proceeds from sale of property and equipment 9,630 2,509
Other (10) (9)
Net cash used in investing activities (20,378) (86,872)
Financing activities:    
Net proceeds from long-term debt 191,800 249,100
Net repayments of sale and leaseback financing (1,517) 0
Payment of finance lease obligations (1,356) (967)
Dividends paid (9,740) (19,496)
Payments for other financing liabilities (5,428) 0
Payment for treasury shares acquired (1,466) (10,880)
Payments for debt issuance cost 0 (54)
Net cash provided by financing activities 172,293 217,703
Increase (decrease) in cash and cash equivalents 1,304 (4,578)
Cash and cash equivalents:    
Beginning of Period 44,730 53,722
End of Period $ 46,034 $ 49,144