XML 15 R5.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jul. 30, 2016
Aug. 01, 2015
Cash flows from operating activities:    
Net income $ 8,615 $ 6,840
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation of property and equipment 5,565 4,629
Amortization of discount on debt and deferred financing fees 549 362
Amortization of definite lived intangible 902 902
Net increase in deferred rent 3,885 705
Deferred income taxes 288 1,954
Excess tax benefits from stock-based compensation arrangements (449) (283)
Stock-based compensation 1,558 1,077
Change in operating assets and liabilities:    
Accounts receivable, net 160 6
Merchandise inventories (47,924) (49,537)
Prepaid expenses and other 2,412 3,334
Accounts payable 23,827 31,712
Accrued expenses 174 (4,245)
Income taxes payable 837 1,810
Net cash provided by (used in) operating activities 399 (734)
Cash flows from investing activities:    
Purchase of property and equipment (23,395) (19,414)
Net cash used in investing activities (23,395) (19,414)
Cash flows from financing activities:    
Net borrowings on line of credit 40,808 6,460
Increase in book overdraft 4,101 14,073
Issuance of common stock per employee stock purchase plan 258  
Excess tax benefits from stock-based compensation arrangements   283
Payment of withholdings on restricted stock units (1,228) (1,036)
Principal payments on long-term debt (20,474) (800)
Net cash provided by financing activities 23,465 18,980
Net change in cash and cash equivalents 469 (1,168)
Cash and cash equivalents at beginning of period 2,109 1,751
Cash and cash equivalents at end of period 2,578 583
Cash paid during the period for:    
Interest 5,895 6,424
Income taxes 4,708 521
Supplemental schedule of noncash investing activities    
Purchases of property and equipment included in accrued expenses $ 3,228 $ 1,864