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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Oct. 30, 2016
Nov. 01, 2015
Operating Activities:    
Net income $ 14,308 $ 12,040
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 6,340 2,082
(Gain)/Loss on disposal of assets (60) 41
Deferred income tax (benefit) expense (1,767) 346
Noncash restricted stock and performance awards 927 566
Provision for doubtful accounts (168) (132)
Changes in assets and liabilities:    
Trade accounts receivable (105) 1,722
Inventories 6,597 2,954
Gain on life insurance policies (665) (675)
Prepaid expenses and other current assets (306) (269)
Trade accounts payable (319) (2,214)
Accrued salaries, wages, and benefits (332) 47
Accrued income taxes 1,142 (228)
Accrued commissions (103) (34)
Customer deposits 4,485 58
Other accrued expenses 2,512 99
Deferred compensation (1,265) 439
Other long-term liabilities 44 40
Net cash provided by operating activities 31,265 16,882
Investing Activities:    
Acquisition of Home Meridian (86,062) 0
Purchases of property and equipment (1,905) (2,177)
Proceeds received on notes for sale of assets 116 23
Proceeds from life insurance premiums 908 0
Premiums paid on life insurance policies (682) (676)
Net cash used in investing activities (87,625) (2,830)
Financing Activities:    
Proceeds from long-term debt 60,000 0
Payments for long-term debt (10,825) 0
Debt issuance cost (165) 0
Cash dividends paid (3,466) (3,241)
Net cash provided by (used in) financing activities 45,544 (3,241)
Net (decrease) increase in cash and cash equivalents (10,816) 10,811
Cash and cash equivalents - beginning of year 53,922 38,663
Cash and cash equivalents - end of quarter 43,106 49,474
Supplemental schedule of cash flow information:    
Interest paid, net 547 41
Income taxes paid, net 8,360 5,779
Non-cash transactions:    
Acquisition cost paid in common stock 20,267 0
Increase in property and equipment through accrued purchases $ 22 $ 18