| Feb'20 | Feb'19 | Feb'18 | Jan'17 | Jan'16 | Jan'15 | Jan'14 | Jan'13 | Jan'12 | Jan'11 | Jan'10 | Jan'09 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | |||||||||||
Net earnings (loss) | |||||||||||
101,229 | 17,166 | -3,901 | 25,398 | 84,815 | 97,184 | 157,711 | 181,486 | 270,650 | 294,503 | 246,330 | 215,025 |
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities: | |||||||||||
Depreciation and amortization | |||||||||||
72,188 | 68,357 | 63,588 | 67,480 | 68,588 | 82,066 | 85,817 | 87,197 | 77,044 | 63,749 | 56,521 | 53,190 |
Amortization of other long-term and intangible assets | |||||||||||
- | - | - | 1,839 | 2,096 | 2,994 | 2,552 | 2,501 | 2,242 | 3,739 | 7,853 | 7,906 |
Amortization of debt discount | |||||||||||
7,558 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Amortization of debt issuance costs | |||||||||||
919 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Share-based compensation expense | |||||||||||
24,290 | 19,973 | 18,852 | 16,908 | 18,880 | 15,342 | 13,949 | 16,285 | 28,100 | 29,312 | 27,339 | 22,846 |
Forward contract (gains) losses | |||||||||||
542 | 138 | -3,087 | 3,157 | 1,937 | 7,949 | 562 | -734 | 4,020 | -2,736 | 3,720 | 14,553 |
Deferred income taxes | |||||||||||
-5,655 | 5,422 | 23,802 | 408 | 723 | -7,976 | -17,804 | 7,303 | -885 | 11,848 | -4,678 | -8,805 |
Net loss on disposition and impairment of property and equipment and long-term assets | |||||||||||
-11,051 | -7,267 | -6,891 | -11,809 | 4,255 | -23,690 | -16,337 | -11,096 | -6,148 | -4,109 | -5,514 | -29,574 |
Pension curtailment expense | |||||||||||
- | - | - | - | - | - | - | - | 1,242 | 5,819 | - | - |
Other items, net | |||||||||||
-5,736 | -13,297 | 7,832 | -3,495 | -3,442 | 4,447 | 2,321 | -841 | 6,264 | 12,431 | 6,093 | 3,993 |
Changes in operating assets and liabilities: | |||||||||||
Accounts receivable | |||||||||||
12,458 | 41,519 | 11,656 | 10,805 | 5,970 | -31,113 | -38,005 | -28,930 | -10,630 | 76,709 | 12,803 | 34,917 |
Inventories | |||||||||||
-65,428 | 74,275 | 28,120 | 57,096 | 2,179 | -2,264 | -17,162 | 30,169 | 35,810 | 40,693 | 72 | 18,447 |
Prepaid expenses and other assets | |||||||||||
-14,739 | 27,042 | 429 | 1,839 | 67 | 8,945 | -35,368 | -10,543 | 37,916 | 46,490 | -15,044 | 17,592 |
Operating lease assets and liabilities, net | |||||||||||
-1,802 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Accounts payable and accrued expenses | |||||||||||
-87,423 | 84,531 | 69,299 | 19,054 | 33,510 | -54,847 | -22,653 | -64,204 | 4,287 | 81,770 | 17,330 | -15,164 |
Deferred rent and lease incentives | |||||||||||
- | - | - | 3,117 | -3,384 | -5,683 | -3,616 | 6,426 | 11,544 | 15,765 | 8,108 | 6,392 |
Other long-term liabilities | |||||||||||
-949 | 8,640 | 14,789 | -4,871 | -14,594 | -10,980 | 7,997 | 9,935 | 37,502 | 9,347 | 1,537 | -823 |
Net cash provided by operating activities | |||||||||||
197,913 | 81,679 | 148,370 | 71,740 | 179,668 | 153,826 | 327,942 | 268,904 | 364,494 | 346,374 | 358,210 | 228,625 |
Cash flows from investing activities: | |||||||||||
Purchases of property and equipment | |||||||||||
61,868 | 108,117 | 84,655 | 90,581 | 83,844 | 71,498 | 75,438 | 99,591 | 123,531 | 123,065 | 82,286 | 89,971 |
Proceeds from sale of business and long-term assets | |||||||||||
4,473 | 0 | 1,052 | - | - | - | - | - | - | - | - | - |
Proceeds from sale of investments | |||||||||||
- | - | - | - | - | 5,598 | 6,826 | 9,500 | 15,000 | 0 | - | - |
Proceeds from dispositions of other assets | |||||||||||
- | - | - | - | - | - | - | - | - | 5,072 | 474 | - |
Acquisition of lease interest | |||||||||||
- | - | - | - | - | - | - | - | 1,339 | 2,249 | - | - |
Acquisition of businesses, net of cash acquired | |||||||||||
0 | 6,404 | 4,850 | 2,068 | 1,330 | 887 | 1,648 | 15,980 | 0 | 0 | -549 | 897 |
Net cash settlement of forward contracts | |||||||||||
-162 | -1,444 | 2,150 | -266 | -9,014 | -3,658 | -1,423 | -5,216 | 4,428 | -5,188 | 2,693 | 812 |
Purchases of investments | |||||||||||
0 | 10,451 | 497 | 0 | 0 | - | - | 11,765 | 19,971 | 31,049 | 6,880 | 10,537 |
Net cash used in investing activities | |||||||||||
-56,471 | -123,528 | -90,347 | -48,984 | -73,546 | -57,831 | -63,076 | -120,262 | -132,096 | -146,103 | -90,836 | -102,217 |
Proceeds from sale of long-term assets | |||||||||||
- | - | - | 43,399 | 0 | 0 | - | - | - | - | - | - |
Other investing activities | |||||||||||
-762 | 0 | -753 | 0 | -2,614 | -5,298 | -5,761 | 7,642 | -2,173 | - | - | - |
Cash flows from financing activities: | |||||||||||
Proceeds from short-term borrowings | |||||||||||
137,282 | 22,728 | 166 | 21,500 | 948 | 1,707 | 3,103 | 0 | 0 | - | 40,000 | - |
Repayments of short-term borrowings | |||||||||||
132,625 | 23,024 | 107 | - | - | - | - | - | - | - | - | - |
Proceeds from issuance of convertible senior notes | |||||||||||
300,000 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Proceeds from issuance of warrants | |||||||||||
28,080 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Purchase of convertible note hedges | |||||||||||
60,990 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Certain short-term borrowings, net | |||||||||||
- | - | - | - | - | - | - | - | - | - | -24,861 | -9,887 |
Convertible debt issuance costs | |||||||||||
5,276 | 0 | 0 | 111 | 1,072 | 0 | 0 | 383 | 970 | 0 | - | - |
Repayment of finance lease obligations and borrowings | |||||||||||
3,350 | 1,983 | 1,526 | 4,747 | 1,518 | 4,561 | 1,474 | 2,296 | 1,771 | 1,137 | 41,596 | 2,684 |
Dividends paid | |||||||||||
42,135 | 73,594 | 76,057 | 76,503 | 76,860 | 77,005 | 68,218 | 172,798 | 74,371 | 247,098 | 41,598 | 34,019 |
Payments for Repurchase of Redeemable Noncontrolling Interest | |||||||||||
- | - | - | 4,445 | 0 | 0 | - | 4,185 | 0 | 0 | - | - |
Noncontrolling interest capital contribution | |||||||||||
0 | 0 | 962 | 2,157 | 871 | 0 | 1,199 | 209 | 0 | 0 | 1,001 | 2,230 |
Noncontrolling interest capital distribution | |||||||||||
668 | 3,069 | 1,358 | 2,759 | 4,075 | 355 | 1,877 | 4,237 | 0 | 0 | 1,311 | - |
Issuance of common stock, net of tax withholdings on vesting of stock awards | |||||||||||
3,584 | 5,744 | -690 | -594 | -2,220 | 87 | 3,861 | 4,367 | 4,214 | 11,890 | 5,778 | 412 |
Excess tax benefits from share-based compensation | |||||||||||
- | - | - | - | - | 440 | 698 | 1,302 | 1,992 | 8,700 | 6,133 | 5,353 |
Purchase of treasury stock | |||||||||||
288,067 | 23,620 | 50,127 | 3,532 | 44,053 | 0 | 22,099 | 140,262 | 92,082 | 49,361 | 5,309 | 60,531 |
Net cash used in financing activities | |||||||||||
-64,165 | -96,818 | -128,737 | -69,034 | -127,979 | -79,687 | -84,807 | -318,283 | -162,988 | -277,006 | -61,763 | -99,126 |
Effect of exchange rates on cash, cash equivalents and restricted cash | |||||||||||
-3,444 | -18,020 | 40,746 | -2,071 | -15,964 | -35,770 | -6,135 | 6,857 | -4,642 | 1,709 | 2,334 | -8,759 |
Net change in cash, cash equivalents and restricted cash | |||||||||||
73,833 | -156,687 | -29,968 | -48,349 | -37,821 | -19,462 | 173,924 | -162,784 | 64,768 | -75,026 | 207,945 | 18,523 |
Supplemental cash flow data: | |||||||||||
Interest paid | |||||||||||
5,248 | 2,731 | 2,078 | 1,225 | 868 | 1,556 | 1,460 | 841 | 1,596 | 717 | 1,894 | 3,858 |
Income taxes paid, net of refunds | |||||||||||
15,112 | 40,772 | 26,907 | 24,869 | 31,188 | 78,122 | 112,996 | 92,401 | 129,946 | 80,281 | 106,089 | 119,278 |
Non-cash investing and financing activity: | |||||||||||
Lease Obligation Incurred | |||||||||||
3,070 | 1,172 | 18,502 | 0 | 0 | - | - | - | - | - | - | - |
Sale of retail locations | |||||||||||
3,558 | 0 | 0 | - | - | - | - | - | - | - | - | - |