Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows (Unaudited)

v3.4.0.3
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Apr. 30, 2016
May. 02, 2015
Operating activities    
Net income $ 91,976 $ 66,946
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 47,887 37,967
Deferred income taxes 450 651
Non-cash stock compensation charges 4,022 3,342
Excess tax benefits from stock-based compensation (3,203) (4,003)
Loss on disposal of property and equipment 812 1,121
Change in operating assets and liabilities:    
Receivables 10,880 8,882
Merchandise inventories (81,697) (81,707)
Prepaid expenses and other current assets 987 4,823
Income taxes 40,657 19,470
Accounts payable 70,104 18,731
Accrued liabilities (25,664) (20,100)
Deferred rent 8,332 11,228
Other assets and liabilities 1,388 941
Net cash provided by operating activities 166,931 68,292
Investing activities    
Purchases of property and equipment (54,321) (56,622)
Net cash used in investing activities (54,321) (56,622)
Financing activities    
Repurchase of common shares (226,666) (27,956)
Stock options exercised 6,209 10,154
Excess tax benefits from stock-based compensation 3,203 4,003
Purchase of treasury shares (1,942) (1,013)
Net cash used in financing activities (219,196) (14,812)
Net decrease in cash and cash equivalents (106,586) (3,142)
Cash and cash equivalents at beginning of period 345,840 389,149
Cash and cash equivalents at end of period 239,254 386,007
Supplemental cash flow information    
Cash paid for income taxes (net of refunds) 14,154 20,645
Non-cash investing activities:    
Change in property and equipment included in accrued liabilities $ 17,613 $ 9,972