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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jul. 29, 2023
Jul. 30, 2022
Cash flows from operating activities:    
Net income $ 111,769 $ 63,392
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization 75,265 71,981
Non-cash lease expense 17,091 15,767
Deferred income tax provision 971 6,699
Stock-based compensation 12,942 7,758
Provision for bad debt, net 1,232 134
Gain on sale of fixed assets (15,374) (8,856)
Amortization of debt issuance costs and other 1,608 1,443
Change in operating assets and liabilities:    
Accounts receivable, net (148,670) (222,831)
Contract assets, net (31,970) (23,518)
Other current assets and inventories (15,182) (30,658)
Other assets 3,412 2,556
Income taxes receivable/payable (21,626) 6,460
Accounts payable (6,145) 29,295
Accrued liabilities, insurance claims, operating lease liabilities, and other liabilities (14,170) 3,429
Net cash used in operating activities (28,847) (76,949)
Cash flows from investing activities:    
Capital expenditures (93,888) (80,932)
Proceeds from sale of assets 20,321 8,830
Net cash used in investing activities (73,567) (72,102)
Cash flows from financing activities:    
Principal payments on senior credit agreement, including term loan (8,750) (8,750)
Repurchase of common stock (20,298) (28,532)
Exercise of stock options 304 1,405
Restricted stock tax withholdings (9,651) (5,551)
Net cash used in financing activities (38,395) (41,428)
Net decrease in cash, cash equivalents and restricted cash (140,809) (190,479)
Cash, cash equivalents and restricted cash at beginning of period (Note 7) 225,990 312,561
Cash, cash equivalents and restricted cash at end of period (Note 7) 85,181 122,082
Supplemental disclosure of other cash flow activities and non-cash investing and financing activities:    
Cash paid for interest 23,444 16,641
Cash paid for taxes, net 56,700 1,897
Purchases of capital assets included in accounts payable or other accrued liabilities at period end $ 13,686 $ 8,238