XML 23 R7.htm IDEA: XBRL DOCUMENT v3.24.1
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Feb. 04, 2024
Jan. 29, 2023
Jan. 30, 2022
Operating activities:      
Net income $ 126.9 $ 137.1 $ 108.7
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization expense 208.5 169.3 138.3
Non-cash interest expense 11.8 8.4 7.5
Deferred income taxes 17.2 27.6 (7.8)
Loss on debt refinancing 16.1 1.5 5.6
Share-based compensation 16.0 20.0 12.5
Other, net 8.2 7.3 6.6
Changes in assets and liabilities, net of assets and liabilities acquired:      
Inventories 8.1 (0.2) (16.5)
Prepaid expenses 1.3 (5.5) 0.6
Income tax receivable 2.6 39.4 5.1
Accounts receivable (0.1) (9.3) (1.9)
Other assets and deferred charges (6.1) 0.3 (0.1)
Accounts payable (1.3) 1.2 14.3
Accrued liabilities (40.5) 42.2 20.2
Income taxes payable 0.1 0.8 0.1
Other long-term liabilities (4.6) 4.3 (10.0)
Net cash provided by operating activities 364.2 444.4 283.2
Investing activities:      
Capital expenditures (330.2) (234.2) (92.2)
Acquisition of a business, net of cash acquired 0.0 (818.7) 0.0
Proceeds from sales of property and equipment 1.1 1.3 0.7
Net cash used in investing activities (329.1) (1,051.6) (91.5)
Financing activities:      
Proceeds from borrowings 213.7 821.5 83.0
Payments on borrowings (166.5) (16.1) (253.0)
Debt issuance costs and prepayment premiums (11.8) (17.7) (3.3)
Proceeds from sale-leaseback transaction 84.2 0.0 0.0
Repurchase of common stock under share repurchase program (300.0) (25.0) 0.0
Repurchases of common stock to satisfy employee withholding tax obligations (3.1) (8.5) (9.5)
Proceeds from the exercise of stock options 4.1 8.7 5.1
Net cash provided by (used in) financing activities (179.4) 762.9 (177.7)
Increase (decrease) in cash and cash equivalents (144.3) 155.7 14.0
Beginning cash and cash equivalents 181.6 25.9 11.9
Ending cash and cash equivalents 37.3 181.6 25.9
Supplemental disclosures of cash flow information:      
Increase (decrease) for capital expenditures in accounts payable 35.2 0.9 11.8
Cash paid (received) for income taxes, net 9.7 (30.4) 21.5
Cash paid for interest, net $ 122.3 $ 68.7 $ 44.5