Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows

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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
 3 Months Ended
May 04, 2013
Apr. 28, 2012
Operating activities    
Net income $ 41,826 $ 34,868
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 24,779 20,985
Deferred income taxes 99 (513)
Non-cash stock compensation charges 3,048 2,893
Excess tax benefits from stock-based compensation (3,901) (16,550)
Loss on disposal of property and equipment 1,577 255
Change in operating assets and liabilities:    
Receivables 11,590 3,825
Merchandise inventories (80,960) (87,418)
Prepaid expenses and other current assets 2,346 3,328
Income taxes 14,579 18,312
Accounts payable 29,602 25,447
Accrued liabilities (13,968) (1,396)
Deferred rent 12,000 8,510
Other assets and liabilities 218  
Net cash provided by operating activities 42,835 12,546
Investing activities    
Purchases of property and equipment (42,004) (24,799)
Net cash used in investing activities (42,004) (24,799)
Financing activities    
Repurchase of common shares (37,337)  
Excess tax benefits from stock-based compensation 3,901 16,550
Stock options exercised 5,416 8,310
Purchase of treasury shares (72)  
Net cash (used in) provided by financing activities (28,092) 24,860
Net (decrease) increase in cash and cash equivalents (27,261) 12,607
Cash and cash equivalents at beginning of period 320,475 253,738
Cash and cash equivalents at end of period 293,214 266,345
Supplemental cash flow information    
Cash paid for income taxes (net of refunds) 10,996 4,864
Noncash investing and financing activities:    
Change in property and equipment included in accrued liabilities $ 688 $ 4,360