XML 42 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Nov. 02, 2013
Oct. 27, 2012
Cash flows from operating activities:    
Net earnings $ 10,196 $ 27,351
Adjustments to reconcile net earnings to net cash provided by continuing operations:    
Loss from discontinued operations, net of tax 124 122
Depreciation 59,941 59,279
Amortization of deferred gain from asset sales (9,453) (9,453)
Amortization of deferred financing costs 1,952 3,703
Stock compensation expense 2,451 622
Deferred income taxes (478) 14,521
Net loss from disposition of assets 213 232
Loss from asset impairment 4,882 8,802
Other (322) (62)
Changes in operating assets and liabilities:    
Decrease in accounts receivable, prepaid expenses and other 18,431 22,510
Increase in merchandise inventories (23,693) (20,116)
Increase in accounts payable 7,746 14,510
Decrease in accrued expenses (6,589) (4,208)
Decrease in other long-term liabilities (2,354) (1,369)
Net cash provided by continuing operations 63,047 116,444
Net cash used in discontinued operations (193) (215)
Net cash provided by operating activities 62,854 116,229
Cash flows from investing activities:    
Capital expenditures (38,334) (36,760)
Proceeds from dispositions of assets 19 15
Acquisitions, net of cash acquired (10,741)  
Release of collateral investment 1,000  
Net cash used in investing activities (48,056) (36,745)
Cash flows from financing activities:    
Borrowings under line of credit agreements 1,926 1,780
Payments under line of credit agreements (1,926) (1,780)
Borrowings on trade payable program liability 114,804 123,408
Payments on trade payable program liability (129,819) (82,904)
Payments for finance issuance costs   (6,442)
Borrowings under new debt   200,000
Debt payments (1,500) (295,122)
Proceeds from stock issuance 1,079 1,999
Repurchase of common stock (2,750)  
Net cash used in financing activities (18,186) (59,061)
Net (decrease) increase in cash and cash equivalents (3,388) 20,423
Cash and cash equivalents at beginning of period 59,186 58,244
Cash and cash equivalents at end of period 55,798 78,667
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 4,322 2,635
Cash received from income tax refunds 51  
Cash paid for interest 9,149 28,554
Non-cash investing activities:    
Accrued purchases of property and equipment $ 2,369 $ 2,008