| Feb'20 | Feb'19 | Feb'18 | Jan'18 | Jan'17 | Jan'17 | Jan'16 | Jan'15 | Jan'14 | Jan'13 | Jan'12 | Jan'11 | Jan'10 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES: | ||||||||||||
Net (loss)/income | ||||||||||||
-164,358 | 9,630 | 18,873 | 19,366 | 57,417 | 58,340 | 116,513 | 68,325 | 116,539 | 139,267 | 140,697 | 127,388 | 75,307 |
Adjustments to reconcile net (loss)/income to net cash provided by operating activities: | ||||||||||||
Depreciation and amortization | ||||||||||||
85,383 | 85,853 | 90,221 | 90,221 | 82,144 | 82,144 | 74,904 | 76,437 | 69,810 | 67,727 | 68,102 | 68,557 | 72,434 |
Loss on disposal of property and equipment | ||||||||||||
-916 | -368 | -2,891 | -2,891 | -942 | -942 | -1,561 | -1,530 | -670 | -124 | -164 | -1,996 | -545 |
Impairment of property, equipment, and lease assets | ||||||||||||
4,430 | 818 | 9,850 | - | - | - | - | - | - | - | - | - | - |
Impairment of intangible assets | ||||||||||||
197,600 | 0 | 0 | - | - | - | - | - | - | - | - | - | - |
Impairment charge | ||||||||||||
- | - | - | 9,850 | 5,108 | 5,108 | 2,657 | 10,527 | 26 | 6 | 55 | 459 | 2,623 |
Equity method investment impairment | ||||||||||||
500 | 8,400 | 0 | - | - | 0 | - | - | - | - | - | - | - |
Loss on deconsolidation of Canada | ||||||||||||
0 | 0 | -10,672 | -10,672 | 0 | 0 | 0 | - | - | - | - | - | - |
Amortization of lease financing obligation discount | ||||||||||||
- | - | - | 0 | 11,354 | 11,354 | 0 | 0 | - | - | - | - | - |
Bad debt expense | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 2,602 |
Non-cash interest expense | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 132 |
Change in fair value of interest rate swap | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 1,968 | 2,444 |
Excess tax benefit from share-based compensation | ||||||||||||
- | - | - | 0 | 0 | - | 347 | 49 | 210 | 422 | 0 | 0 | - |
Share-based compensation | ||||||||||||
8,177 | 13,114 | 14,008 | 14,008 | 12,858 | 12,858 | 18,438 | 19,326 | 21,174 | 16,308 | 10,089 | 5,296 | 2,048 |
Non-cash loss on extinguishment of debt | ||||||||||||
- | - | - | 0 | 0 | - | 5,314 | 0 | 0 | - | 5,170 | 8,781 | 0 |
Deferred taxes | ||||||||||||
-49,561 | 536 | 396 | -912 | 20,065 | 20,622 | -10,700 | 6,291 | -807 | 3,937 | -320 | -19,015 | -337 |
Landlord allowance amortization | ||||||||||||
2,205 | 11,606 | 13,183 | 13,183 | 11,280 | 11,280 | 12,730 | 11,369 | 9,342 | 8,166 | -6,068 | - | - |
Other non-cash adjustments | ||||||||||||
500 | 500 | 500 | 500 | 0 | 0 | 0 | - | - | - | - | - | - |
Payment of original issue discount | ||||||||||||
- | - | - | 0 | 0 | - | 2,812 | 0 | 0 | - | - | - | - |
Changes in operating assets and liabilities: | ||||||||||||
Receivables, net | ||||||||||||
-6,545 | 5,284 | -3,279 | -3,279 | -6,371 | -6,371 | -1,097 | 5,724 | 6,508 | 1,991 | -884 | 5,190 | -4,167 |
Inventories | ||||||||||||
-47,463 | 7,038 | 28,279 | 28,954 | -14,144 | -18,297 | 14,625 | 28,989 | -2,133 | 1,997 | 27,862 | 13,505 | 1,502 |
Accounts payable, deferred revenue, and accrued expenses | ||||||||||||
-32,339 | -21,097 | -14,166 | -12,862 | -15,857 | -17,138 | 17,705 | -886 | -29,870 | 17,564 | 43 | 30,103 | 44,397 |
Accounts payable and accrued expenses related parties | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | -10,181 |
Other assets and liabilities | ||||||||||||
11,359 | -523 | -24,505 | -24,691 | -3,442 | 910 | -32,628 | -21,151 | -31,460 | -37,007 | -21,655 | -17,056 | -10,930 |
Net cash provided by operating activities | ||||||||||||
90,710 | 73,717 | 118,567 | 118,567 | 186,708 | 186,708 | 229,603 | 156,570 | 195,075 | 269,364 | 212,609 | 219,958 | 200,721 |
CASH FLOWS FROM INVESTING ACTIVITIES: | ||||||||||||
Capital expenditures | ||||||||||||
37,039 | 49,778 | 57,435 | 57,435 | 98,712 | 98,712 | 115,343 | 115,088 | 105,368 | 99,674 | 77,176 | 54,843 | 26,853 |
Decrease in cash and cash equivalents resulting from deconsolidation of Canada | ||||||||||||
0 | 0 | 9,200 | 9,232 | 0 | 0 | 0 | - | - | - | - | - | - |
Purchase of intangible assets | ||||||||||||
- | - | - | 0 | 21 | 21 | 35 | 1,010 | 94 | 210 | 60 | 0 | 20 |
Investment in equity interests | ||||||||||||
- | - | - | 0 | 10,133 | 10,133 | 0 | 0 | - | - | - | - | - |
Net cash used in investing activities | ||||||||||||
-37,039 | -49,778 | -66,667 | -66,667 | -108,866 | -108,866 | -115,378 | -116,098 | -105,462 | -99,884 | -77,236 | -54,843 | -26,873 |
CASH FLOWS FROM FINANCING ACTIVITIES: | ||||||||||||
Repayment of long-term debt | ||||||||||||
- | - | - | 0 | 0 | - | 198,038 | 0 | 0 | - | - | - | - |
Costs incurred in connection with debt arrangements | ||||||||||||
899 | 0 | 0 | 0 | 0 | - | 1,006 | 0 | 0 | - | - | - | - |
Borrowings under senior notes | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 246,498 | 0 |
Net proceeds from equity offering | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 166,898 | 0 |
Repayments of short-term debt arrangements | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 75,000 |
Repayments of long-term debt arrangements | ||||||||||||
- | - | - | - | - | - | - | - | - | - | 169,775 | 301,563 | 7,118 |
Costs incurred in connection with debt arrangements and Senior Notes | ||||||||||||
- | - | - | - | - | - | - | - | - | - | 1,192 | 12,211 | 123 |
Payments on lease financing obligations | ||||||||||||
90 | 1,860 | 1,710 | 1,710 | 1,595 | 1,595 | 1,552 | 1,478 | 313 | 55 | 14 | 0 | 0 |
Repayments of financing arrangements | ||||||||||||
0 | 750 | 2,040 | 2,040 | 3,274 | 3,274 | 0 | 0 | - | - | - | - | - |
Costs incurred in connection with equity offering | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 6,498 | 317 |
Excess tax benefit from share-based compensation | ||||||||||||
- | - | - | 0 | 0 | - | 347 | 49 | 210 | 422 | 0 | 0 | - |
Proceeds from exercise of stock options | ||||||||||||
- | - | - | 0 | 2,735 | 2,735 | 1,276 | 0 | 4,701 | 623 | 309 | 0 | 0 |
Repurchase of common stock under share repurchase programs (see Note 8) | ||||||||||||
15,610 | 83,172 | 17,264 | 17,264 | 51,538 | 51,538 | 68,574 | 0 | 35,088 | 66,541 | 103 | 0 | 0 |
Repurchase of common stock for tax withholding obligations | ||||||||||||
1,603 | 2,709 | 1,599 | 1,599 | 4,599 | 4,599 | 4,450 | 3,509 | 2,841 | - | - | - | - |
Repurchase of equity interests | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 3 |
Repayment of notes receivable | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 5,633 | 0 |
Distributions | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 261,000 | 33,000 |
Dividends | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 49,514 | 0 |
Issuance of restricted shares | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 2 |
Net cash used in financing activities | ||||||||||||
-18,202 | -88,491 | -22,613 | -22,613 | -58,271 | -58,271 | -271,997 | -4,938 | -33,331 | -65,551 | -170,775 | -211,757 | -115,559 |
EFFECT OF EXCHANGE RATE ON CASH | ||||||||||||
0 | 0 | -438 | - | - | - | - | - | - | - | - | - | - |
NET INCREASE/(DECREASE) IN CASH AND CASH EQUIVALENTS | ||||||||||||
35,469 | -64,552 | 28,849 | - | - | - | - | - | - | - | - | - | - |
EFFECT OF EXCHANGE RATE ON CASH | ||||||||||||
- | - | - | -438 | 899 | 899 | -1,484 | -1,259 | -695 | 6 | 2 | 0 | 0 |
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | ||||||||||||
- | - | - | 28,849 | 20,470 | 20,470 | -159,256 | 34,275 | 55,587 | 103,935 | -35,400 | -46,642 | 58,289 |
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION: | ||||||||||||
Cash paid for interest | ||||||||||||
- | - | - | 0 | 0 | - | 8,787 | 17,574 | 17,574 | 17,574 | 26,484 | 40,608 | 51,610 |
Cash paid to taxing authorities | ||||||||||||
9,406 | 11,642 | 6,142 | 6,142 | 40,413 | 40,413 | 71,686 | 43,171 | 75,591 | 99,647 | 78,861 | 20,545 | 310 |