XML 18 R7.htm IDEA: XBRL DOCUMENT v3.21.1
Condensed Consolidated Statements Of Cash Flows (unaudited) - USD ($)
$ in Thousands
 3 Months Ended
May 02, 2021
Apr. 26, 2020
Cash flows from operating activities:    
Net income $ 23,498 $ 9,632
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 7,420 7,575
Amortization of right-of-use assets 1,055 966
Investment impairments and credit loss reserves 246 3,630
Accretion of deferred financing costs and debt discount 121 121
Deferred income taxes (29) (184)
Share-based compensation 11,839 9,379
Gain on disposition of assets (20) 0
Changes in the fair value of contingent earn-out obligations 0 (33)
Equity in net (gains) losses of equity method investments (78) 11
Corporate owned life insurance, net 2,562 (175)
Changes in assets and liabilities:    
Accounts receivable, net 3,915 12,476
Inventories (6,425) (3,923)
Other assets 5,815 (3,207)
Accounts payable 1,513 (2,860)
Accrued liabilities (14,659) (5,466)
Other liabilities (4,188) (1,859)
Net cash provided by operating activities 32,585 26,083
Cash flows from investing activities:    
Proceeds from sales of property, plant and equipment 32 0
Purchase of property, plant and equipment (5,760) (7,672)
Purchase of investments (2,927) (3,888)
Net cash used in investing activities (8,655) (11,560)
Cash flows from financing activities:    
Payments of revolving line of credit (4,000) (4,000)
Deferred financing costs 0 (24)
Payment for employee share-based compensation payroll taxes (6,230) (5,764)
Proceeds from exercise of stock options 628 888
Repurchase of common stock (25,000) (30,000)
Net cash used in financing activities (34,602) (38,900)
Net decrease in cash and cash equivalents (10,672) (24,377)
Cash and cash equivalents at beginning of period 268,891 293,324
Cash and cash equivalents at end of period 258,219 268,947
Supplemental disclosure of cash flow information:    
Interest paid 1,065 1,570
Income taxes paid 2,917 3,866
Non-cash investing and financing activities:    
Accounts payable related to capital expenditures 2,355 2,435
Conversion of notes into equity $ 626 $ 0