v3.21.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
May 01, 2021
May 02, 2020
Operating activities:    
Net income (loss) $ 30,897 $ (20,892)
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 4,697 4,946
Non-cash operating lease costs 12,210 11,756
Asset impairment 0 286
Loss on disposal of property and equipment 53 4
Deferred income taxes 1,054 (7,665)
Insurance proceeds related to operating activities 451  
Non-cash stock-based compensation expense 1,087 469
Changes in assets and liabilities:    
Inventory 1,653 16,373
Prepaid and other current assets (1,932) 4,201
Other assets (402) 1
Accounts payable 24,530 14,030
Accrued expenses and other long-term liabilities (8,598) (6,795)
Accrued compensation (11,248) (5,490)
Income tax payable 6,980 1,101
Layaway deposits 307 495
Net cash provided by operating activities 61,739 12,820
Investing activities:    
Sales/redemptions of investment securities   43,754
Purchases of investment securities   (522)
Purchases of property and equipment (5,936) (3,981)
Insurance proceeds related to investing activities 191  
Net cash (used in) provided by investing activities (5,745) 39,251
Financing activities:    
Borrowings under revolving credit facility   43,700
Payments of debt issuance costs (270)  
Cash used to settle withholding taxes on the vesting of nonvested restricted stock (2,155) (479)
Dividends paid to stockholders   (831)
Repurchases of common stock (45,470) (6,254)
Net cash (used in) provided by financing activities (47,895) 36,136
Net increase in cash and cash equivalents 8,099 88,207
Cash and cash equivalents:    
Beginning of period 123,177 19,923
End of period 131,276 108,130
Supplemental disclosures of cash flow information:    
Cash paid for interest 32 163
Cash payments (refunds) of income taxes (27) 45
Supplemental disclosures of non-cash investing activities:    
Accrual for purchases of property and equipment $ 1,023 $ 936