| Feb'20 | Feb'19 | Feb'18 | Jan'17 | Jan'16 | Jan'15 | Jan'14 | Jan'13 | Jan'12 | Jan'11 |
|---|---|---|---|---|---|---|---|---|---|
Cash Flows Provided by Operating Activities: | |||||||||
Net (loss) income | |||||||||
-25,020 | -40,941 | 15,561 | 42,001 | 38,152 | 32,108 | 44,839 | 47,061 | 22,501 | 16,895 |
Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||
Depreciation and amortization | |||||||||
21,450 | 24,532 | 21,202 | 19,337 | 16,816 | 13,151 | 10,054 | 7,151 | 4,936 | 2,377 |
Excess tax benefit from stock-based compensation | |||||||||
- | - | - | 34 | 236 | 309 | 5,846 | 2,296 | 449 | 1,757 |
Asset impairment charges | |||||||||
11,860 | 20,122 | 258 | 141 | 790 | 2,470 | 0 | 0 | - | - |
Non-cash lease expense | |||||||||
46,353 | - | - | - | - | - | - | - | - | - |
Stock-based compensation expense | |||||||||
269 | 1,335 | 2,430 | 1,016 | 2,932 | 2,668 | 3,781 | 3,599 | 4,671 | 2,400 |
Loss on disposal of assets | |||||||||
-135 | -761 | -733 | -407 | -487 | -364 | -343 | -188 | -23 | -25 |
Inventory write-off | |||||||||
- | - | - | - | - | - | - | 0 | - | - |
Loss on early extinguishment of debt | |||||||||
- | - | - | - | - | - | - | - | -1,591 | 0 |
Amortization of debt issuance costs | |||||||||
286 | 204 | 250 | 245 | 245 | 245 | 278 | 299 | 537 | 158 |
Deferred income taxes | |||||||||
- | 8,706 | 6,099 | -5,411 | -3,226 | -1,600 | -1,014 | -2,559 | 721 | -2,685 |
Other | |||||||||
-160 | - | - | - | - | - | - | - | - | - |
Changes in operating assets and liabilities: | |||||||||
Accounts receivable | |||||||||
-10,644 | -246 | 10,764 | -3,975 | -2,935 | 2,986 | 634 | 70 | -1,750 | 3,557 |
Inventories | |||||||||
1,159 | 3,699 | 2,858 | -7,583 | 7,740 | -813 | 5,565 | 4,587 | 2,593 | 5,631 |
Prepaid expenses and other assets | |||||||||
1,831 | 2,566 | 3,177 | 3,160 | 524 | -373 | 2,021 | 1,512 | 445 | 1,499 |
Accounts payable | |||||||||
-11,611 | 5,739 | 6,013 | -4,936 | 4,137 | -363 | 551 | -547 | 2,629 | 3,443 |
Accrued liabilities | |||||||||
1,077 | -558 | -11,167 | 9,467 | 4,424 | 2,081 | -844 | 3,069 | 3,932 | 4,852 |
Operating lease liabilities | |||||||||
-49,789 | - | - | - | - | - | - | - | - | - |
Landlord incentives and deferred rent | |||||||||
- | -4,348 | 245 | 1,540 | 3,675 | 5,429 | 5,356 | 7,203 | 6,667 | 5,999 |
Net cash (used in) provided by operating activities | |||||||||
2,824 | 9,533 | 24,825 | 72,171 | 62,867 | 54,444 | 49,278 | 56,999 | 46,471 | 21,020 |
Cash Flows Used in Investing Activities: | |||||||||
Purchases of property and equipment | |||||||||
3,609 | 26,199 | 26,778 | 21,852 | 24,276 | 24,255 | 24,633 | 23,663 | 16,894 | 16,208 |
Net cash used in investing activities | |||||||||
-3,609 | -26,199 | -26,778 | -21,844 | -24,264 | -24,242 | -24,535 | -23,663 | -16,858 | -16,208 |
Cash Flows Provided by (Used in) Financing Activities: | |||||||||
Proceeds from issuance of stock in initial public offering, net of costs | |||||||||
- | - | - | - | - | - | - | - | 44,245 | 0 |
Proceeds from borrowings under revolving credit facility | |||||||||
15,000 | 10,000 | - | 0 | - | - | 25,000 | 0 | 41,000 | 0 |
Proceeds from borrowings under the asset based term loan | |||||||||
10,000 | - | - | - | - | - | - | - | - | - |
Repayments of borrowings under the asset based revolving credit facility | |||||||||
25,000 | - | - | - | - | - | - | - | - | - |
Payment of debt issuance costs | |||||||||
1,479 | 505 | - | 0 | - | - | 376 | 0 | 1,468 | 2,137 |
Other | |||||||||
- | - | - | -8 | -12 | -13 | 98 | 0 | 36 | 0 |
Proceeds from borrowings under the senior secured credit facility | |||||||||
- | - | - | - | - | - | - | - | - | 95,000 |
Repayment of borrowings under the revolving credit facility | |||||||||
- | - | - | - | - | 25,000 | 0 | 22,000 | 19,000 | 0 |
Repayment of borrowings under the senior secured credit facility | |||||||||
- | - | - | - | - | - | - | - | 93,813 | 1,187 |
Repurchases of common stock | |||||||||
- | 3,980 | 19,860 | 53,853 | 22,185 | 5,270 | 54,009 | 0 | 0 | - |
Taxes paid related to net settlement of equity awards | |||||||||
- | 77 | 154 | 42 | 0 | 0 | 2,280 | 0 | 0 | - |
Dividends | |||||||||
- | - | - | - | - | - | - | - | - | 100,000 |
Proceeds from the exercise of stock options | |||||||||
- | - | 96 | 512 | 499 | 1,332 | 8,697 | 2,199 | 504 | 504 |
Excess tax benefit from stock-based compensation | |||||||||
- | - | - | 34 | 236 | 309 | 5,846 | 2,296 | 449 | 1,757 |
Net cash (used in) provided by financing activities | |||||||||
-1,479 | 5,438 | -19,918 | -53,349 | -21,450 | -28,629 | -17,122 | -17,505 | -28,083 | -6,063 |
Net increase (decrease) in cash and cash equivalents | |||||||||
-2,264 | -11,228 | -21,871 | -3,022 | 17,153 | 1,573 | 7,621 | 15,831 | 1,530 | -1,251 |
Supplemental Disclosures of Cash Flow Information: | |||||||||
Cash (received) paid for income taxes | |||||||||
-9,779 | 75 | 24,163 | 19,324 | 23,958 | 24,088 | 32,401 | 32,405 | 8,971 | 13,509 |
Interest paid | |||||||||
646 | 209 | 192 | 192 | 190 | 388 | 293 | 448 | 5,569 | 163 |