XML 16 R5.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
May 04, 2024
Apr. 29, 2023
Cash flows provided by operating activities:    
Net income $ 11,459 $ 14,608
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 3,658 3,080
Share-based and performance-based stock compensation 412 1,052
Provision/adjustments for doubtful accounts (78) (316)
Loss on disposal of property and equipment 139 21
Deferred taxes 0 (53)
Change in assets and liabilities:    
Inventories, net (593) 4,077
Receivables, net (901) 1,626
Prepaid expenses and other assets 407 5,264
Accounts payable and accrued expenses (810) (6,265)
Operating leases (1,716) (1,840)
Gift cards and customer deposits (1,502) (799)
Deferred revenue (110) (1,669)
Net cash provided by operating activities 10,365 18,786
Cash flows used in investing activities:    
Purchases of property and equipment (2,430) (3,065)
Net cash used in investing activities (2,430) (3,065)
Cash flows used in financing activities:    
(Purchases) proceeds from the exercise of employee equity awards, net of tax (1,869) 94
Cash dividends paid (2,911) (22,098)
Purchases of Company’s common stock (9,198) (3,099)
Net cash used in financing activities (13,978) (25,103)
Effect of exchange rates on cash (51) 3
Decrease in cash, cash equivalents, and restricted cash (6,094) (9,379)
Cash, cash equivalents and restricted cash, beginning of period 44,327 42,198
Cash, cash equivalents and restricted cash, end of period 38,233 32,819
Supplemental disclosure of cash flow information:    
Cash and cash equivalents 37,840 32,367
Restricted cash from long-term deposits 392 452
Total cash, cash equivalents and restricted cash 38,233 32,819
Net cash paid during the period for income taxes $ 210 $ 646