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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jan. 28, 2017
Jan. 30, 2016
Jan. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 97,961 $ 147,283 $ 162,564
Adjustments to reconcile net income to net cash flows from operating activities:      
Depreciation and amortization 32,787 32,142 31,679
Amortization of non-vested stock grants, net of forfeitures 5,330 6,197 6,013
Deferred income taxes (3,260) (1,217) (1,675)
Other 1,875 448 1,163
Changes in operating assets and liabilities:      
Receivables 3,853 (389) (2,134)
Inventory 23,872 (19,645) (5,780)
Prepaid expenses and other assets 7 9,722 3,508
Accounts payable (8,314) (182) (2,915)
Accrued employee compensation (6,220) (3,794) (13)
Accrued store operating expenses 8,056 (3,345) 1
Gift certificates redeemable (1,659) (1,134) 861
Income taxes payable (3,610) (4,441) (1,970)
Deferred rent liabilities and deferred compensation (1,812) (2,323) 4,466
Net cash flows from operating activities 148,866 159,322 195,768
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchases of property and equipment (31,663) (34,578) (45,454)
Proceeds from sale of property and equipment 318 199 0
Change in other assets 80 100 108
Purchases of investments (41,621) (29,714) (43,404)
Proceeds from sales/maturities of investments 44,221 29,135 38,131
Net cash flows from investing activities (28,665) (34,858) (50,619)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from the exercise of stock options 0 0 70
Excess tax benefit from stock option exercises 0 0 225
Purchases of common stock 0 (3,219) 0
Payment of dividends (84,850) (93,768) (176,604)
Net cash flows from financing activities (84,850) (96,987) (176,309)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 35,351 27,477 (31,160)
CASH AND CASH EQUIVALENTS, Beginning of year 161,185 133,708 164,868
CASH AND CASH EQUIVALENTS, End of year $ 196,536 $ 161,185 $ 133,708