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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Aug. 01, 2021
Aug. 02, 2020
Operating Activities:    
Net income/(loss) $ 16,910 $ (29,045)
Adjustments to reconcile net income to net cash provided by operating activities:    
Goodwill and intangible asset impairment charges 0 44,318
Depreciation and amortization 3,583 3,365
Deferred income tax expense/(benefit) 1,621 (10,665)
Noncash restricted stock and performance awards 150 1,046
Provision for doubtful accounts and sales allowances (340) 3,396
Gain on life insurance policies (704) (651)
Changes in assets and liabilities:    
Trade accounts receivable (14,663) 17,142
Inventories (33,435) 25,106
Income tax recoverable 0 751
Prepaid expenses and other current assets (4,663) (1,261)
Trade accounts payable 8,362 (1,391)
Accrued salaries, wages, and benefits (158) (726)
Accrued income taxes 417 975
Customer deposits 3,302 977
Operating lease liabilities 89 678
Other accrued expenses (507) (867)
Deferred compensation (171) 20
Net cash (used in)/provided by operating activities (20,207) 53,168
Investing Activities:    
Purchases of property and equipment (3,465) (484)
Premiums paid on life insurance policies (473) (453)
Proceeds received on life insurance policies 0 673
Net cash used in investing activities (3,938) (264)
Financing Activities:    
Cash dividends paid (4,285) (3,796)
Payments for long-term debt 0 (2,929)
Cash used in financing activities (4,285) (6,725)
Net (decrease)/increase in cash and cash equivalents (28,430) 46,179
Cash and cash equivalents - beginning of year 65,841 36,031
Cash and cash equivalents - end of quarter 37,411 82,210
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 2,929 220
Cash paid for interest, net 1 295
Non-cash transactions:    
Decrease in lease liabilities arising from changes in right-of-use assets (4,919) (1,987)
Increase in property and equipment through accrued purchases $ 111 $ 41