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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
May 04, 2024
Apr. 29, 2023
Operating activities:    
Net income (loss) $ (205,035) $ (206,073)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization expense 32,424 37,196
Non-cash lease expense 56,481 118,921
Deferred income taxes 0 (65,624)
Non-cash impairment charge 68,154 84,449
Gain on disposition of property and equipment 65 (3,419)
Non-cash share-based compensation expense 2,717 4,058
Change in assets and liabilities    
Inventories 3,403 60,294
Accounts payable (21,939) (104,780)
Operating lease liabilities (63,026) (117,874)
Current income taxes 4,800 7,050
Other current assets (4,678) (3,985)
Other current liabilities (19,873) 23,262
Other assets (151) (1,583)
Other liabilities (281) (830)
Net cash used in operating activities (146,939) (168,938)
Investing activities:    
Capital expenditures (15,148) (16,861)
Cash proceeds from sale of property and equipment 1,660 4,386
Other (2,255) (6)
Net cash provided by (used in) investing activities (15,743) (12,481)
Financing activities:    
Net proceeds from long-term debt 172,100 200,200
Net repayments of sale and leaseback financing (826) (743)
Payment of finance lease obligations (605) (444)
Dividends paid (159) (9,587)
Payments for other financing liabilities (2,690) 0
Payment for treasury shares acquired (747) (1,417)
Payments for debt issuance cost (6,817) 0
Net cash provided by financing activities 160,256 188,009
Increase in cash and cash equivalents (2,426) 6,590
Cash and cash equivalents:    
Beginning of Period 46,411 44,730
End of Period $ 43,985 $ 51,320