Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Nov. 03, 2018
Oct. 28, 2017
Cash flows from operating activities:    
Net income $ 138,142 $ 187,530
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 89,933 86,232
Share-based compensation 20,780 18,232
Debt issuance costs amortization 3,759 3,823
Accretion of long-term debt, net (385) (379)
Restructure charge 44,278  
Deferred income taxes 7,710 529
Losses on early extinguishments of debt and refinancing costs 1,835  
Changes in assets and liabilities:    
Merchandise inventories (338,260) (275,086)
Prepaid expenses and other (2,886) (8,818)
Accounts receivable (18,269) (7,721)
Other assets (1,314) (1,010)
Accounts payable 150,088 150,947
Accrued interest 7,850 (314)
Accrued liabilities and other 1,077 12,685
Income taxes (79,258) (61,628)
Other liabilities 734 1,405
Net cash provided by operating activities 25,814 106,427
Cash flows used in investing activities:    
Additions to property and equipment (119,553) (72,640)
Cash flows from financing activities:    
Common stock repurchased (430,509) (253,595)
Payments on term loan credit facility (17,356) (18,675)
Borrowings on asset-based revolving credit facility 307,400 357,200
Payments on asset-based revolving credit facility (89,400) (248,200)
Payment of debt refinancing costs (1,117)  
Payment of dividends (317) (408)
Proceeds from stock options exercised 1,812 7,849
Net cash used in financing activities (229,487) (155,829)
Net change in cash and equivalents (323,226) (122,042)
Cash and equivalents at beginning of period 425,896 298,813
Cash and equivalents at end of period 102,670 176,771
Cash paid for interest 98,864 91,794
Cash paid for taxes $ 115,724 $ 159,013