XML 18 R6.htm IDEA: XBRL DOCUMENT v3.23.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jan. 28, 2023
Jan. 29, 2022
Jan. 30, 2021
Cash flows from operating activities:      
Net income $ 40,518 $ 108,470 $ 91,380
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Depreciation of property and equipment 31,710 26,200 21,801
Amortization of deferred financing fees 184 251 535
Amortization of definite lived intangible 66 26 28
Loss on asset dispositions     804
Gain on bargain purchase     (2,218)
Noncash lease expense 28,582 31,536 25,307
Deferred income taxes 3,765 5,345 (919)
Stock-based compensation 4,673 3,328 3,302
Change in operating assets and liabilities, net of amounts acquired:      
Accounts receivable, net (116) (1,356) 323
Operating lease liabilities (25,336) (26,479) (24,390)
Merchandise inventories (12,568) (143,126) 39,938
Prepaid expenses and other (46) (7,093) (2,633)
Accounts payable (1,509) (20,382) 37,812
Accrued expenses (14,561) (2,929) 42,017
Income taxes payable and receivable (8,568) 4,583 5,729
Net cash provided by (used in) operating activities 46,794 (21,626) 238,816
Cash flows from investing activities:      
Purchase of property and equipment, net of amounts acquired (63,511) (53,452) (19,754)
Acquisition of Field and Stream stores, net of cash acquired     (6,473)
Proceeds from sale-leaseback transactions 2,923    
Net cash used in investing activities (60,588) (53,452) (26,227)
Cash flows from financing activities:      
Net borrowings (payments) on line of credit 21,449 66,054 (116,078)
Increase (Decrease) in book overdraft, net 4,471 2,806 (2,381)
Proceeds from issuance of common stock per employee stock purchase plan 894   580
Payment of withholdings on restricted stock units (2,393) (2,289) (870)
Principal payments on long-term debt     (30,000)
Payments to acquire treasury stock (64,748)    
Payment of deferred financing costs (508)    
Net cash (used in) provided by financing activities (40,835) 66,571 (148,749)
Net change in cash and cash equivalents (54,629) (8,507) 63,840
Cash and cash equivalents at beginning of period 57,018 65,525 1,685
Cash and cash equivalents at end of period 2,389 57,018 65,525
Cash paid during the period for:      
Interest, net of amounts capitalized 3,396 1,380 3,506
Income taxes, net of refunds 18,154 25,841 25,304
Supplemental schedule of noncash activities:      
Noncash change in operating lease right of use asset and operating lease liabilities from remeasurement of existing leases and addition of new leases 54,243 39,437 39,119
Purchases of property and equipment included in accounts payable and accrued expenses $ 9,416 $ 3,821 $ 1,887