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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Aug. 02, 2020
Aug. 04, 2019
Operating Activities:    
Net (loss)/income $ (29,045) $ 6,147
Adjustments to reconcile net income to net cash provided by operating activities:    
Goodwill and intangible asset impairment charges 44,318 0
Depreciation and amortization 3,365 3,471
Gain on disposal of assets 0 (285)
Deferred income tax (benefit) / expense (10,665) 2,155
Noncash restricted stock and performance awards 1,046 558
Provision for doubtful accounts and sales allowances 3,396 1,053
Gain on life insurance policies (651) (624)
Changes in assets and liabilities:    
Trade accounts receivable 17,142 25,206
Inventories 25,106 (8,389)
Income tax recoverable 751 (3,856)
Prepaid expenses and other current assets (1,261) (3,191)
Trade accounts payable (1,391) (9,058)
Accrued salaries, wages, and benefits (726) (2,856)
Accrued income taxes 975 (3,159)
Customer deposits 977 2,475
Operating lease liabilities 678 187
Other accrued expenses (867) 1,033
Deferred compensation 20 145
Net cash provided by operating activities 53,168 11,012
Investing Activities:    
Purchases of property and equipment (484) (3,659)
Proceeds received on notes from sale of assets 0 1,459
Premiums paid on life insurance policies (453) (489)
Proceeds received on life insurance policies 673 0
Net cash used in investing activities (264) (2,689)
Financing Activities:    
Payments for long-term debt (2,929) (2,928)
Cash dividends paid (3,796) (3,541)
Cash used in financing activities (6,725) (6,469)
Net increase in cash and cash equivalents 46,179 1,854
Cash and cash equivalents - beginning of year 36,031 11,435
Cash and cash equivalents - end of quarter 82,210 13,289
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 220 6,622
Cash paid for interest, net 295 599
Decrease in lease liabilities arising from obtaining right-of-use assets 1,987 266
Increase in property and equipment through accrued purchases $ 41 $ 49