XML 19 R6.htm IDEA: XBRL DOCUMENT v3.24.2.u1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jul. 28, 2024
Jul. 30, 2023
Statement of Cash Flows [Abstract]    
Net (loss) / income $ (6,042) $ 2,234
Adjustments to reconcile net income to net cash (used in) / provided by operating activities:    
Depreciation and amortization 4,617 4,372
Deferred income tax expense (1,941) 481
Noncash restricted stock and performance awards 425 1,043
Provision for doubtful accounts and sales allowances (326) (475)
Gain on life insurance policies (1,596) (684)
(Gain) / loss on disposal of assets (2) 30
Changes in assets and liabilities:    
Trade accounts receivable 7,608 23,163
Inventories 4,716 35,062
Income tax recoverable 1,141 53
Prepaid expenses and other assets (6,153) (3,528)
Trade accounts payable 3,434 (2,029)
Accrued salaries, wages, and benefits (1,326) (2,843)
Customer deposits 2,794 (241)
Operating lease assets and liabilities 284 366
Other accrued expenses (1,919) (5,154)
Deferred compensation (400) (438)
Net cash provided by operating activities 5,314 51,412
Purchases of property and equipment (1,421) (3,965)
Premiums paid on life insurance policies (326) (317)
Proceeds received on life insurance policies 936 444
Proceeds from sales of assets 3 0
Acquisitions 0 (2,373)
Net cash used in investing activities (808) (6,211)
Purchase and retirement of common stock 0 (8,668)
Cash dividends paid (4,915) (4,856)
Payments for long-term loans (700) (700)
Net cash used in financing activities (5,615) (14,224)
Net (decrease) / increase in cash and cash equivalents (1,109) 30,977
Cash and cash equivalents - beginning of year 43,159 19,002
Cash and cash equivalents - end of quarter 42,050 49,979
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 65 60
Cash paid for interest, net 728 914
Non-cash transactions:    
Increase / (decrease) in lease liabilities arising from changes in right-of-use assets 903 (6,356)
Increase in property and equipment through accrued purchases $ 11 $ 8