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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jul. 31, 2023
Jul. 31, 2022
Cash flows from operating activities    
Net Income (Loss) $ 19,674 $ 66,953
Adjustments to reconcile net income (loss) to net cash provided by operating activities, net of assets and liabilities acquired:    
Depreciation and amortization 12,535 12,751
Loss on disposal of fixed assets 319 33
Non-cash operating lease costs 29,815 24,233
Equity (gain)/loss in unconsolidated affiliates 978 (980)
Change in fair value of equity investment (1,009) 1,718
Share-based compensation 6,838 25,245
Deferred financing charges and debt discount amortization 4,549 5,057
Deferred income taxes 1,031 (226)
Non-cash gain on fair value of prior minority ownership of Karl Lagerfeld   (30,925)
Changes in operating assets and liabilities:    
Accounts receivable, net 155,602 145,134
Inventories (95,513) (496,351)
Income taxes, net (8,733) 15,009
Prepaid expenses and other current assets (321) (5,767)
Other assets, net (3,883) (307)
Customer refund liabilities (33,537) (30,404)
Operating lease liabilities (30,242) (23,547)
Accounts payable, accrued expenses and other liabilities 154,376 182,480
Net cash provided by (used in) operating activities 212,479 (109,894)
Cash flows from investing activities    
Operating lease assets initial direct costs (52) (87)
Investment in e-commerce retailer   (25,000)
Investment in equity interest of private company (3,600)  
Investment in equity securities   (22,378)
Capital expenditures (11,117) (8,526)
Acquisition of KLH, net of cash acquired   (168,592)
Net cash used in investing activities (14,769) (224,583)
Cash flows from financing activities    
Repayment of borrowings - revolving credit facility (85,400) (8,647)
Proceeds from borrowings - revolving credit facility 5,313 57,946
Repayment of borrowings - LVMH Note (75,000)  
Repayment of borrowings - foreign facilities (75,116) (600)
Proceeds from borrowings - foreign facilities 72,773 581
Purchase of treasury shares (26,100) (16,622)
Taxes paid for net share settlements (10,795) (9,790)
Net cash provided by (used in) financing activities (194,325) 22,868
Foreign currency translation adjustments 2,698 (3,398)
Net increase (decrease) in cash and cash equivalents 6,083 (315,007)
Cash and cash equivalents at beginning of year 191,652 465,984
Cash payments:    
Interest, net 16,052 18,576
Income tax payments, net $ 6,278 $ 6,733