Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED FINANCIAL INFORMATION (Statements of Cash Flows) (Details)

v3.19.3
CONDENSED CONSOLIDATED FINANCIAL INFORMATION (Statements of Cash Flows) (Details) - USD ($)
$ in Thousands
9 Months Ended
Nov. 02, 2019
Nov. 03, 2018
Cash flows from operating activities:    
Net cash provided by operating activities $ 106,367 $ 25,814
Cash flows used in investing activities:    
Additions to property and equipment (89,632) (119,553)
Cash flows from financing activities:    
Payment of debt refinancing costs (8,158) (1,117)
Net cash used in financing activities (144,235) (229,487)
Net change in cash and equivalents (127,500) (323,226)
Cash and equivalents at beginning of period 245,887 425,896
Cash and equivalents at end of period 118,387 102,670
Michaels Stores [Member]    
Cash flows from operating activities:    
Net cash provided by operating activities 104,014 22,855
Cash flows used in investing activities:    
Additions to property and equipment (89,632) (119,553)
Cash flows from financing activities:    
Net repayments of debt (539,775) (106,756)
Net borrowings of debt 511,100 307,400
Payment of debt refinancing costs (8,158) (1,117)
Payment of dividend to Michaels Funding, Inc. (105,060) (426,063)
Net cash used in financing activities (141,893) (226,536)
Net change in cash and equivalents (127,511) (323,234)
Cash and equivalents at beginning of period 245,108 425,129
Cash and equivalents at end of period $ 117,597 $ 101,895