XML 20 R7.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Apr. 30, 2017
May 01, 2016
Cash flows from operating activities:    
Net earnings $ 39,555 $ 39,597
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:    
Depreciation and amortization 44,950 41,240
Loss on disposal/impairment of assets 519 880
Amortization of deferred lease incentives (6,477) (5,987)
Deferred income taxes (3,848) (5,796)
Tax benefit related to stock-based awards 13,742 20,087
Excess tax benefit related to stock-based awards   (3,824)
Stock-based compensation expense 9,817 15,732
Other (76) (418)
Changes in:    
Accounts receivable 24,610 3,781
Merchandise inventories (60,246) 37,424
Prepaid catalog expenses 559 (997)
Prepaid expenses and other assets (12,472) (7,683)
Accounts payable (65,990) (113,510)
Accrued salaries, benefits and other liabilities (47,235) (20,875)
Customer deposits (4,154) (22,465)
Deferred rent and lease incentives 5,806 9,439
Income taxes payable 14,564 (59,285)
Net cash used in operating activities (46,376) (72,660)
Cash flows from investing activities:    
Purchases of property and equipment (32,153) (28,149)
Other 5 294
Net cash used in investing activities (32,148) (27,855)
Cash flows from financing activities:    
Borrowings under revolving line of credit 45,000 100,000
Repurchases of common stock (38,350) (40,639)
Payment of dividends (34,189) (34,423)
Tax withholdings related to stock-based awards (13,780) (22,904)
Excess tax benefit related to stock-based awards   3,824
Proceeds related to stock-based awards   995
Other   (48)
Net cash provided by (used in) financing activities (41,319) 6,805
Effect of exchange rates on cash and cash equivalents 105 (720)
Net decrease in cash and cash equivalents (119,738) (94,430)
Cash and cash equivalents at beginning of period 213,713 193,647
Cash and cash equivalents at end of period $ 93,975 $ 99,217