v3.10.0.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Aug. 04, 2018
Jul. 29, 2017
Cash flows from operating activities:    
Net income $ 54,373 $ 107,770
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization 59,054 57,423
Share-based compensation 12,334 10,557
Debt issuance costs amortization 2,522 2,549
Accretion of long-term debt, net (256) (252)
Restructure charge 44,278  
Deferred income taxes 770 (225)
Losses on early extinguishments of debt and refinancing costs 1,835  
Changes in assets and liabilities:    
Merchandise inventories (177,586) (67,218)
Prepaid expenses and other 2,217 (1)
Accounts receivable (6,366) (1,096)
Other assets (1,165) (700)
Accounts payable 54,823 (11,841)
Accrued interest 553 (7,691)
Accrued liabilities and other (49,838) (2,811)
Income taxes (87,341) (91,771)
Other liabilities 3,231 1,272
Net cash used in operating activities (86,562) (4,035)
Cash flows used in investing activities:    
Additions to property and equipment (69,908) (43,120)
Cash flows from financing activities:    
Common stock repurchased (252,508) (191,164)
Payments on term loan credit facility (11,790) (12,450)
Borrowings on asset-based revolving credit facility 133,600 139,100
Payments on asset-based revolving credit facility (15,600) (58,100)
Payment of debt refinancing costs (1,069)  
Payment of dividends (317) (408)
Proceeds from stock options exercised 1,449 5,483
Net cash used in financing activities (146,235) (117,539)
Net change in cash and equivalents (302,705) (164,694)
Cash and equivalents at beginning of period 425,896 298,813
Cash and equivalents at end of period 123,191 134,119
Cash paid for interest 69,101 67,453
Cash paid for taxes $ 114,950 $ 148,187

Source