| 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 Income (Loss), Including Portion Attributable to Noncontrolling Interest | |||||||||||
73,300 | 100,960 | 84,698 | 102,336 | 57,884 | 56,888 | 53,026 | 63,243 | 74,345 | 79,297 | 88,354 | 82,370 |
Less (loss) from discontinued operations | |||||||||||
- | - | - | - | - | - | - | - | - | -463 | -487 | 8,435 |
Income (loss) from continuing operations | |||||||||||
- | - | - | - | - | - | - | - | - | 79,760 | 88,841 | 73,935 |
Reconciliation of income from continuing operations to net cash provided by operating activities: | |||||||||||
Depreciation and amortization | |||||||||||
74,788 | 68,884 | 68,159 | 65,734 | 62,685 | 60,494 | 64,858 | 77,435 | 74,573 | 71,640 | 71,447 | 71,410 |
Stock-based compensation | |||||||||||
16,219 | 27,415 | 30,797 | 28,040 | 21,119 | 17,783 | 21,210 | 14,253 | 9,286 | 8,045 | 8,450 | 7,391 |
Excess tax benefits from stock-based compensation | |||||||||||
- | - | - | 1,728 | 1,639 | 268 | 211 | 4,941 | -532 | -692 | 0 | - |
Asset impairment charges | |||||||||||
6,039 | 6,096 | 5,190 | 4,026 | 2,371 | 11,145 | 29,633 | 2,284 | 2,208 | - | - | - |
Deferred taxes | |||||||||||
5,364 | -5,568 | 34,894 | -9,379 | 12,166 | 5,627 | -3,552 | 1,973 | 2,269 | 24,174 | 17,345 | 32,152 |
Deferred rent expense and lease incentives | |||||||||||
- | - | - | - | - | -8,889 | -11,999 | -5,347 | -14,892 | -16,623 | -16,627 | 16,228 |
Other | |||||||||||
229 | 699 | 169 | 819 | 1,216 | 2,208 | 6,891 | -597 | 1,475 | 4,091 | 5,362 | 6,170 |
Changes in operating assets and liabilities: | |||||||||||
Inventories | |||||||||||
23,537 | -19,380 | 36,434 | 16,072 | -26,121 | -21,022 | 58,941 | 28,828 | -1,804 | -4,650 | -8,438 | 19,855 |
Prepaid expenses and other assets | |||||||||||
-2,734 | -3,568 | 318 | 2,505 | 3,157 | 6,268 | 6,039 | 1,131 | -806 | 2,366 | 137 | -13,595 |
Increase (Decrease) in Accounts Receivable | |||||||||||
3,148 | -9,127 | 5,386 | -5,056 | 5,474 | - | - | - | - | - | - | - |
Intercompany-discontinued operations | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | -29,302 |
Income taxes payable, net of prepayments | |||||||||||
8,574 | -7,689 | 6,865 | 25,109 | 1,846 | -7,341 | 3,441 | 15,639 | -3,090 | 3,080 | 776 | 4,737 |
Accounts payable and other current liabilities | |||||||||||
17,502 | -56,893 | 28,930 | 18,989 | -4,040 | 6,049 | 73,609 | 63,277 | -617 | -13,597 | -35,170 | 49,835 |
Deferred rent and other liabilities | |||||||||||
-155,464 | -7,811 | -13,953 | -11,021 | 604 | 2,960 | 1,544 | 7,782 | 8,468 | 12,349 | 6,452 | 11,910 |
Total adjustments | |||||||||||
- | - | - | - | - | - | 120,444 | 141,799 | 81,758 | 94,751 | 66,336 | 131,815 |
Net cash provided by operating activities of continuing operations | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 205,750 |
Net cash provided by operating activities of discontinued operations | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 12,628 |
Net cash provided by operating activities | |||||||||||
177,902 | 139,914 | 214,383 | 199,292 | 182,650 | 161,410 | 173,470 | 205,042 | 156,103 | 174,511 | 155,177 | 218,378 |
CASH FLOWS FROM INVESTING ACTIVITIES: | |||||||||||
Payments to Acquire Productive Assets | |||||||||||
57,502 | 71,114 | 58,657 | 34,684 | 42,145 | 72,212 | 72,606 | 90,182 | 79,764 | 83,945 | 62,217 | 51,693 |
Payments to Acquire Short-term Investments | |||||||||||
0 | 0 | 15,000 | 49,300 | 99,680 | 81,000 | 97,500 | 15,000 | 0 | 0 | - | - |
Proceeds from Sale of Short-term Investments | |||||||||||
0 | 15,000 | 49,300 | 40,100 | 111,580 | 91,500 | 50,000 | 0 | - | - | - | - |
Release of restricted cash | |||||||||||
- | - | - | - | - | - | - | - | -2,351 | 0 | 2,112 | - |
Purchase of company-owned life insurance policies | |||||||||||
-103 | 749 | 788 | 368 | 379 | -5 | -406 | 38 | 246 | 373 | 0 | - |
Sale of store leases and property and equipment | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 2,300 |
Net cash used in investing activities of continuing operations | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | -49,393 |
Net cash used in investing activities of discontinued operations | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | -11,372 |
Net cash used in investing activities | |||||||||||
-134,350 | -56,863 | -25,145 | -44,252 | -30,624 | -61,707 | -119,700 | -105,220 | -77,659 | -84,318 | -64,329 | -60,765 |
CASH FLOWS FROM FINANCING ACTIVITIES: | |||||||||||
Borrowings under revolving credit facilities | |||||||||||
1,001,039 | 861,806 | 578,186 | 553,415 | 556,856 | 320,230 | 124,289 | 134,865 | 117,263 | 156,712 | 183,613 | 746,714 |
Repayments under revolving credit facilities | |||||||||||
879,092 | 834,404 | 572,106 | 538,035 | 556,856 | 320,230 | 124,289 | 134,865 | 117,263 | 156,712 | 183,613 | 816,275 |
Borrowings (payments) on term loan | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 85,000 |
Capital contribution to subsidiary in discontinued operations | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | -8,250 |
Purchase and retirement of common stock, including transaction costs | |||||||||||
131,393 | 253,543 | 118,579 | 157,809 | 120,893 | 76,129 | 65,830 | 89,020 | 91,757 | 90,623 | 73,993 | 642 |
Payments of Ordinary Dividends, Common Stock | |||||||||||
34,928 | 33,042 | 28,101 | 14,785 | 12,217 | 11,491 | 0 | 0 | - | - | - | - |
Payments for Loans | |||||||||||
- | - | - | - | - | - | - | - | - | - | 85,000 | - |
Exercise of stock options | |||||||||||
- | - | - | 438 | 438 | 55 | 1,479 | 2,185 | 6,825 | 11,923 | 5,981 | 4,736 |
Excess tax benefits from stock-based compensation | |||||||||||
- | - | - | 1,728 | 1,639 | 268 | 211 | 4,941 | 532 | 692 | 0 | - |
Deferred financing costs | |||||||||||
- | - | - | - | 320 | 306 | 0 | 363 | 628 | 0 | 1,000 | 3,839 |
Net cash provided by (used in) financing activities of continuing operations | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 7,444 |
Net cash provided by (used in) financing activities of discontinued operations | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | -11,878 |
Net cash provided by (used in) financing activities | |||||||||||
-44,374 | -259,183 | -140,600 | -155,048 | -131,353 | -87,603 | -64,140 | -82,257 | -85,028 | -78,008 | -154,012 | -4,434 |
Effect of exchange rate changes on cash of continuing operations | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | -6,577 |
Effect of exchange rate changes on cash of discontinued operations | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | -2,022 |
Effect of exchange rate changes on cash | |||||||||||
173 | 749 | 2,172 | 6,183 | -6,430 | -12,806 | -9,761 | -92 | -418 | 3,092 | 5,338 | -8,599 |
Net increase (decrease) in cash and cash equivalents | |||||||||||
-649 | -175,383 | 50,810 | 6,175 | 14,243 | -706 | -20,131 | 17,473 | -7,002 | 15,277 | -57,826 | 144,580 |
OTHER CASH FLOW INFORMATION: | |||||||||||
Net cash paid during the year for income taxes | |||||||||||
-1,310 | -19,529 | -37,767 | -31,492 | -13,887 | -23,598 | -24,826 | -10,030 | -37,257 | -20,140 | -16,786 | -11,620 |
Cash paid during the year for interest | |||||||||||
-7,553 | -3,224 | -1,949 | -1,680 | -1,399 | -936 | -499 | -704 | -1,273 | -1,595 | -5,465 | -6,811 |
Payments for (Proceeds from) Productive Assets | |||||||||||
1,853 | -3,398 | -457 | -3,315 | 462 | -3,611 | 5,924 | 1,824 | -1,414 | 2,870 | -3,433 | 3,357 |