XML 19 R5.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Oct. 28, 2017
Oct. 29, 2016
Cash Flows From Operating Activities:    
Net income $ 73,025 $ 77,721
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 73,968 82,585
Loss on disposal and impairment of property and equipment 5,204 6,434
Deferred income taxes (1,483) (8,098)
Stock-based compensation expense 14,739 15,483
Deferred rent and lease credits (14,684) (14,264)
Changes in assets and liabilities:    
Inventories (32,660) (27,506)
Prepaid expenses and other current assets 4,506 (6,237)
Income tax receivable 1,050 25,755
Accounts payable 18,758 (3,789)
Accrued and other liabilities (47,598) (3,391)
Net cash provided by operating activities 94,825 144,693
Cash Flows From Investing Activities:    
Purchases of marketable securities (29,097) (43,266)
Proceeds from sale of marketable securities 19,056 43,058
Purchases of property and equipment, net (27,128) (35,663)
Net cash used in investing activities (37,169) (35,871)
Cash Flows From Financing Activities:    
Payments on borrowings (12,500) (7,500)
Proceeds from issuance of common stock 2,058 2,363
Dividends paid (32,021) (31,936)
Repurchase of common stock (25,697) (76,334)
Payments of tax withholdings related to stock-based awards (6,034) (4,990)
Net cash used in financing activities (74,194) (118,397)
Effects of exchange rate changes on cash and cash equivalents 49 (45)
Net decrease in cash and cash equivalents (16,489) (9,620)
Cash and Cash Equivalents, Beginning of period 142,135 89,951
Cash and Cash Equivalents, End of period 125,646 80,331
Supplemental Disclosures of Cash Flow Information:    
Cash paid for interest 1,831 1,713
Cash paid for income taxes, net $ 44,783 $ 22,752