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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
3 Months Ended
May 02, 2020
May 04, 2019
Cash flows from operating activities:    
Net loss $ (17,238,000) $ (6,152,000)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 1,906,000 2,382,000
Impairment of store assets 264,000 0
Amortization of financing costs 51,000 5,000
Lease expense 5,563,000 5,366,000
Stock-based compensation expense 162,000 253,000
Changes in operating assets and liabilities:    
Accounts receivable 1,356,000 (1,251,000)
Merchandise inventories (5,692,000) (4,666,000)
Prepaid expenses and other assets 1,098,000 (771,000)
Income taxes (payable) receivable (84,000) 11,000
Accounts payable (1,121,000) 1,650,000
Accrued liabilities (8,278,000) (1,100,000)
Lease liabilities (2,020,000) (5,589,000)
Other liabilities 9,000 (77,000)
Net cash used in operating activities (24,024,000) (9,939,000)
Cash flows from investing activities:    
Purchases of property, equipment and improvements (395,000) (587,000)
Net cash used in investing activities (395,000) (587,000)
Cash flows from financing activities:    
Shares redeemed for payroll taxes (2,000) (3,000)
Proceeds from bank credit facility 16,797,000 12,650,000
Payments of bank credit facility 0 (9,650,000)
Payments for debt issuance costs (391,000) 0
Proceeds from long-term borrowings 5,000,000 0
Acquisition of common stock held in treasury, at cost 0 (82,000)
Net cash provided by financing activities 21,404,000 2,915,000
Net decrease in cash and cash equivalents (3,015,000) (7,611,000)
Cash and cash equivalents at beginning of period 3,198,000 10,239,000
Cash and cash equivalents at end of period 183,000 2,628,000
Supplemental cash flow information:    
Interest paid 273,000 156,000
Income taxes paid 0 (7,000)
Accrued purchases of equipment and improvements $ 184,000 $ 122,000