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
 6 Months Ended
Aug. 03, 2013
Jul. 28, 2012
Operating activities    
Net income $ 86,737 $ 69,866
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 50,747 42,614
Deferred income taxes (432) (978)
Non-cash stock compensation charges 7,539 6,346
Excess tax benefits from stock-based compensation (6,699) (27,788)
Loss on disposal of property and equipment 2,030 447
Change in operating assets and liabilities:    
Receivables 10,517 (6,126)
Merchandise inventories (100,031) (72,087)
Prepaid expenses and other current assets (1,540) (2,915)
Income taxes (4,466) 11,096
Accounts payable 11,852 2,439
Accrued liabilities (3,366) (9,705)
Deferred rent 31,176 23,023
Other assets and liabilities 456  
Net cash provided by operating activities 84,520 36,232
Investing activities    
Purchases of property and equipment (98,029) (71,338)
Net cash used in investing activities (98,029) (71,338)
Financing activities    
Repurchase of common shares (37,337)  
Dividends paid   (62,482)
Excess tax benefits from stock-based compensation 6,699 27,788
Stock options exercised 10,007 13,514
Purchase of treasury shares (125) (51)
Net cash used in financing activities (20,756) (21,231)
Net decrease in cash and cash equivalents (34,265) (56,337)
Cash and cash equivalents at beginning of period 320,475 253,738
Cash and cash equivalents at end of period 286,210 197,401
Supplemental cash flow information    
Cash paid for income taxes (net of refunds) 58,412 34,903
Noncash investing and financing activities:    
Change in property and equipment included in accrued liabilities $ 13,246 $ 15,801