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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jan. 31, 2019
Jan. 31, 2018
Jan. 31, 2017
Cash flows from operating activities      
Net income $ 138,067 $ 62,124 $ 51,938
Adjustments to reconcile net income to net cash used in operating activities:      
Depreciation and amortization 38,819 37,783 32,481
Asset impairments 2,813 7,884 10,480
Dividend received from unconsolidated affiliate   3,575  
Equity loss in unconsolidated affiliates 1,543 454 27
Share-based compensation 19,694 19,665 16,901
Deferred financing charges and debt discount amortization 10,052 10,890 5,157
Deferred income taxes 5,404 4,078 (7,319)
Loss on disposal of fixed assets 128 2,922 3,201
Changes in operating assets and liabilities:      
Accounts receivable, net (207,877) (29,947) (29,310)
Inventories (23,568) (68,775) 12,633
Income taxes, net (3,866) 11,284 14,233
Prepaid expenses and other current assets (47,959) (3,877) (6,300)
Other assets, net (6,237) 10,991 (10,863)
Customer refund liabilities 177,144    
Accounts payable, accrued expenses and other liabilities (328) 10,683 12,436
Net cash provided by operating activities 103,829 79,734 105,695
Cash flows from investing activities      
Capital expenditures (29,205) (34,507) (24,928)
Investment in unconsolidated affiliates (9,951) (49) (35,432)
Return of capital from unconsolidated affiliate 1,470    
Proceeds from sale of a retail store 354 644  
Acquisition, net of cash acquired     (465,403)
Net cash used in investing activities (37,332) (33,912) (525,763)
Cash flows from financing activities      
Proceeds from term loan, net     283,204
Repayment of borrowings - revolving facility (2,315,935) (2,018,892) (413,282)
Proceeds from borrowings - revolving facility 2,303,932 1,939,774 524,748
Repayment of borrowings - old revolving credit facility     (20,344)
Proceeds from exercise of equity awards 101 1,578 260
Purchase of treasury shares (20,311)    
Taxes paid for net share settlements (5,738) (6,114) (6,955)
Net cash provided by (used in) financing activities (37,951) (83,654) 367,631
Foreign currency translation adjustments (4,184) 3,651 (193)
Net increase (decrease) in cash and cash equivalents 24,362 (34,181) (52,630)
Cash and cash equivalents at beginning of period 45,776 79,957 132,587
Cash and cash equivalents at end of period 70,138 45,776 79,957
Cash payments:      
Interest, net 35,807 31,644 21,773
Income tax payments, net $ 44,045 $ 32,934 18,915
Non-cash investing and financing activities:      
Shares of common stock issued to LVMH in connection with the acquisition of DKI     75,000
Note issued to LVMH in connection with the acquisition of DKI     $ 125,000