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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
May 04, 2024
Apr. 29, 2023
Cash flows from operating activities:    
Net earnings (loss) $ 15,906 $ (10,694)
Adjustments to reconcile net earnings (loss) to net cash used in operating activities:    
Depreciation and amortization 16,379 15,449
Amortization of debt discount and issuance costs 1,304 360
Share-based compensation expense 4,691 4,620
Forward contract (gains) losses 546 (5,813)
Net loss from impairment and disposition of long-term assets 1,357 2,480
Change in fair value remeasurement of derivatives related to convertible senior notes (38,510) 0
Loss on extinguishment of debt 1,952 7,696
Other items, net 8,837 5,606
Changes in operating assets and liabilities:    
Accounts receivable 40,016 57,395
Inventories (38,145) (16,929)
Prepaid expenses and other assets (19,436) (13,913)
Operating lease assets and liabilities, net (4,577) (4,977)
Accounts payable and accrued expenses and other current liabilities (30,238) (51,798)
Other long-term liabilities 16,997 (2,140)
Net cash used in operating activities (22,921) (12,658)
Cash flows from investing activities:    
Purchases of property and equipment (21,100) (17,347)
Business acquisition, net of cash acquired (54,981) 0
Net cash settlement of forward contract 180 (329)
Other investing activities (2,022) 292
Net cash used in investing activities (77,923) (17,384)
Cash flows from financing activities:    
Proceeds from borrowings 182,939 74,309
Repayments on borrowings and finance lease obligations (12,904) (14,691)
Proceeds from issuance of convertible senior notes 0 80,324
Repayments of convertible senior notes (33,292) 0
Proceeds from issuance of warrant 3,665 20,158
Purchase of convertible note hedge (6,538) (51,838)
Proceeds from termination of convertible senior note hedge 1,347 7,235
Payments for termination of common stock warrant (548) (1,024)
Debt issuance costs (1,530) (4,218)
Dividends paid (135,626) (13,860)
Noncontrolling interest capital distribution (8,801) 0
Issuance of common stock, net of income tax withholdings on vesting of stock awards 5,847 (269)
Purchase of treasury stock (10,279) (42,821)
Net cash provided by (used in) financing activities (15,720) 53,305
Effect of exchange rates on cash, cash equivalents and restricted cash (690) (386)
Net change in cash, cash equivalents and restricted cash (117,254) 22,877
Cash and cash equivalents at the beginning of the year 360,285 275,765
Cash, cash equivalents and restricted cash at the end of the period 243,031 298,642
Supplemental cash flow data:    
Interest paid 8,053 4,592
Income taxes paid, net of refunds 17,159 15,398
Non-cash investing and financing activity:    
Change in accrual of property and equipment (850) (1,521)
Assets acquired under finance lease obligations 17 129
Exchange of 2024 Notes for 2028 Notes $ (16,658) $ (161,400)