XML 61 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Oct. 29, 2011
Oct. 30, 2010
Cash flows from operating activities:    
Net earnings $ 172,240 $ 189,124
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization of property and equipment 57,470 45,278
Amortization of intangible assets 1,683 2,921
Share-based compensation expense 21,353 22,722
Unrealized forward contract losses 387 4,512
Net loss on disposition of property and equipment 3,291 4,133
Pension curtailment expense 1,242 5,819
Other items, net 211 (2,822)
Changes in operating assets and liabilities:    
Accounts receivable (8,266) (84,544)
Inventories (83,962) (89,212)
Prepaid expenses and other assets (23,253) (42,655)
Accounts payable and accrued expenses (3,196) 64,148
Deferred rent and lease incentives 7,961 13,657
Other long-term liabilities 2,787 1,227
Net cash provided by operating activities 149,948 134,308
Cash flows from investing activities:    
Purchases of property and equipment (94,200) (84,896)
Proceeds from dispositions of long-term assets 689 1,450
Proceeds from maturity of investment 15,000  
Acquisition of lease interest (1,339) (2,249)
Net cash settlement of forward contracts (6,886) 6,859
Purchases of investments (17,039) (6,687)
Net cash used in investing activities (103,775) (85,523)
Cash flows from financing activities:    
Certain short-term borrowings, net   536
Payment of debt issuance costs (970)  
Repayment of borrowings and capital lease obligations (1,406) (1,160)
Dividends paid (55,729) (44,545)
Issuance of common stock, net of nonvested award repurchases 3,819 5,471
Excess tax benefits from share-based compensation 1,776 6,158
Purchase of treasury stock   (49,361)
Net cash used in financing activities (52,510) (82,901)
Effect of exchange rates on cash and cash equivalents 6,025 1,073
Net decrease in cash and cash equivalents (312) (33,043)
Cash and cash equivalents at beginning of period 427,037 502,063
Cash and cash equivalents at end of period 426,725 469,020
Supplemental cash flow data:    
Interest paid 971 574
Income taxes paid $ 90,153 $ 50,889