XML 18 R6.htm IDEA: XBRL DOCUMENT v3.24.3
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Oct. 27, 2024
Oct. 29, 2023
Operating Activities:    
Net (loss) / income $ (10,174) $ 9,272
Adjustments to reconcile net (loss) / income to net cash (used in) / provided by operating activities:    
Depreciation and amortization 6,930 6,626
Deferred income tax (benefit) / expense (3,532) 2,575
Tradename impairment 1,953 0
Noncash restricted stock and performance awards 502 1,685
Provision for doubtful accounts and sales allowances 272 (270)
Gain on life insurance policies (1,060) (784)
(Gain) / loss on disposal of assets (2) 29
Changes in assets and liabilities:    
Trade accounts receivable (765) 3,334
Inventories (4,678) 33,264
Income tax recoverable 9 5
Prepaid expenses and other assets (6,361) (3,400)
Trade accounts payable 6,757 7,169
Accrued salaries, wages, and benefits (463) (2,574)
Customer deposits (122) (3,477)
Operating lease assets and liabilities 385 366
Other accrued expenses (1,384) (4,400)
Deferred compensation (601) (650)
Net cash (used in) / provided by operating activities (12,334) 48,770
Investing Activities:    
Purchases of property and equipment (2,656) (5,718)
Premiums paid on life insurance policies (387) (378)
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 (2,104) (8,025)
Financing Activities:    
Purchase and retirement of common stock 0 (11,674)
Cash dividends paid (7,378) (7,228)
Payments for long-term loans (933) (1,050)
Net cash used in financing activities (8,311) (19,952)
Net (decrease) / increase in cash and cash equivalents (22,749) 20,793
Cash and cash equivalents - beginning of year 43,159 19,002
Cash and cash equivalents - end of quarter 20,410 39,795
Supplemental disclosure of cash flow information:    
Cash paid for income taxes, net of refund 82 74
Cash paid for interest, net 970 1,375
Non-cash transactions:    
Increase / (decrease) in lease liabilities arising from changes in right-of-use assets 2,263 (8,987)
Increase in property and equipment through accrued purchases $ 13 $ 35