XML 23 R8.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Jan. 28, 2018
Jan. 29, 2017
Jan. 31, 2016
Cash flows from operating activities:      
Net earnings $ 259,545 $ 305,387 $ 310,068
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:      
Depreciation and amortization 183,077 173,195 167,760
Loss on disposal/impairment of assets 1,889 3,806 4,339
Amortization of deferred lease incentives (25,372) (25,212) (24,721)
Deferred income taxes 63,381 7,114 (7,436)
Tax benefit related to stock-based awards   3,230 14,592
Excess tax benefit related to stock-based awards   (4,894) (14,494)
Stock-based compensation expense 42,988 51,116 41,357
Other (135) (423) 149
Changes in:      
Accounts receivable 149 (9,794) (12,849)
Merchandise inventories (80,235) 4,493 (92,647)
Prepaid catalog expenses (403) 5,294 5,022
Prepaid expenses and other assets (16,092) (6,367) (9,245)
Accounts payable 2,382 3,169 60,507
Accrued salaries, benefits and other liabilities 9,157 25,876 (135)
Customer deposits (2,394) (3,037) 35,877
Deferred rent and lease incentives 28,226 35,559 31,334
Income taxes payable 33,541 (43,803) 34,548
Net cash provided by operating activities 499,704 524,709 544,026
Cash flows from investing activities:      
Purchases of property and equipment (189,712) (197,414) (202,935)
Acquisition of Outward, Inc., net of cash received (80,528)    
Other 480 439 769
Net cash used in investing activities (269,760) (196,975) (202,166)
Cash flows from financing activities:      
Proceeds from issuance of long-term debt 300,000    
Repurchases of common stock (196,179) (151,272) (224,995)
Borrowings under revolving line of credit 170,000 125,000 200,000
Repayments of borrowings under revolving line of credit (170,000) (125,000) (200,000)
Payment of dividends (135,010) (133,539) (127,636)
Tax withholdings related to stock-based awards (18,130) (27,062) (31,790)
Excess tax benefit related to stock-based awards   4,894 14,494
Proceeds related to stock-based awards 0 1,532 2,647
Repayment of long-term obligations     (1,968)
Debt issuance costs (1,191) (359) (135)
Other (1,197)    
Net cash used in financing activities (51,707) (305,806) (369,383)
Effect of exchange rates on cash and cash equivalents (1,814) (1,862) (1,757)
Net increase (decrease) in cash and cash equivalents 176,423 20,066 (29,280)
Cash and cash equivalents at beginning of year 213,713 193,647 222,927
Cash and cash equivalents at end of year 390,136 213,713 193,647
Supplemental disclosure of cash flow information:      
Cash paid during the year for interest 2,915 2,202 1,989
Cash paid during the year for income taxes, net of refunds 99,062 203,426 134,478
Non-cash investing activities:      
Purchases of property and equipment not yet paid for at end of year $ 1,257 $ 625 $ 2,715