Annual report pursuant to Section 13 and 15(d)

CONDENSED CONSOLIDATED FINANCIAL INFORMATION, Cash Flow (Details)

v3.19.1
CONDENSED CONSOLIDATED FINANCIAL INFORMATION, Cash Flow (Details) - USD ($)
$ in Thousands
12 Months Ended
Feb. 02, 2019
Feb. 03, 2018
Jan. 28, 2017
Cash flows from operating activities:      
Net cash provided by operating activities $ 444,256 $ 523,610 $ 564,417
Cash flows from investing activities:      
Additions to property and equipment (145,387) (127,830) (114,462)
Acquisition of Lamrite West, net of cash acquired     (151,100)
Purchases of long-term investments     (1,325)
Net cash used in investing activities (145,387) (127,830) (266,887)
Cash flows from financing activities:      
Payment of debt refinancing costs (1,117)    
Net cash used in financing activities (478,878) (268,697) (408,108)
Net change in cash and equivalents (180,009) 127,083 (110,578)
Cash and equivalents at beginning of period 425,896 298,813 409,391
Cash and equivalents at end of period 245,887 425,896 298,813
Michaels Stores      
Cash flows from operating activities:      
Net cash provided by operating activities 443,275 535,544 577,088
Cash flows from investing activities:      
Additions to property and equipment (145,387) (127,830) (114,462)
Acquisition of Lamrite West, net of cash acquired     (151,100)
Purchases of long-term investments     (1,325)
Net cash used in investing activities (145,387) (127,830) (266,887)
Cash flows from financing activities:      
Net repayments of debt (380,300) (413,325) (60,675)
Net borrowings of debt 355,400 382,200 42,000
Payment of dividend to Michaels Funding, Inc. (451,892) (245,514) (400,823)
Other financing activities (1,117)   (1,299)
Net cash used in financing activities (477,909) (276,639) (420,797)
Net change in cash and equivalents (180,021) 131,075 (110,596)
Cash and equivalents at beginning of period 425,129 294,054 404,650
Cash and equivalents at end of period $ 245,108 $ 425,129 $ 294,054