XML 22 R5.htm IDEA: XBRL DOCUMENT  v2.3.0.11
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands
6 Months Ended
Aug. 27, 2011
Aug. 28, 2010
OPERATING ACTIVITIES:    
Net income $ 37,336 $ 30,460
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 13,384 13,255
Deferred income taxes (573) 1,185
Share-based compensation 2,406 1,860
(Gain) loss on disposal of property and equipment 628 (32)
Excess tax benefits from share-based compensation (5,119) (1,032)
Changes in operating assets and liabilities:    
Accounts receivable, net 3,977 (1,194)
Merchandise inventories, net (36,331) (26,146)
Other assets (51) 9,732
Accounts payable 31,295 36,858
Employee compensation (5,617) (4,586)
Income taxes payable 5,472 (15,807)
Other liabilities and accrued expenses (470) (176)
Deferred credits from landlords (3,323) (2,069)
Net cash provided by operating activities 43,014 42,308
INVESTING ACTIVITIES:    
Payments for sale of discontinued operations   (667)
Additions to property and equipment (9,719) (6,035)
Proceeds from disposals of property and equipment 17 52
Net cash used in investing activities (9,702) (6,650)
FINANCING ACTIVITIES:    
Dividends paid to shareholders (5,337) (4,334)
Proceeds from issuance of common stock 11,662 2,639
Excess tax benefits from share-based compensation 5,119 1,032
Purchase of treasury stock (54,454) (15,800)
Net cash used in financing activities (43,010) (16,463)
Net (decrease) increase in cash and cash equivalents (9,698) 19,195
Cash and cash equivalents at beginning of period 299,323 234,508
Cash and cash equivalents at end of period $ 289,625 $ 253,703