Financials

Investors

v3.7.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Apr. 29, 2017
Jan. 28, 2017
Apr. 30, 2016
CURRENT ASSETS:      
Cash and cash equivalents $ 66,580 $ 70,889 $ 36,429
Accounts receivable, net 84,016 65,714 83,333
Inventories 984,221 955,512 1,076,733
Other current assets 69,288 73,602 77,903
Total current assets 1,204,105 1,165,717 1,274,398
PROPERTY AND EQUIPMENT, net 467,661 484,165 521,144
RENTAL PRODUCT, net 147,495 152,610 174,240
GOODWILL 117,585 117,026 121,498
INTANGIBLE ASSETS, net 170,966 171,659 177,826
OTHER ASSETS 6,423 6,695 7,715
TOTAL ASSETS 2,114,235 2,097,872 2,276,821
CURRENT LIABILITIES:      
Accounts payable 171,886 177,380 203,248
Accrued expenses and other current liabilities 303,602 267,899 311,044
Income taxes payable 2,861 1,262  
Current portion of long-term debt 13,379 13,379 42,451
Total current liabilities 491,728 459,920 556,743
LONG-TERM DEBT, net 1,574,486 1,582,150 1,613,192
DEFERRED TAXES, net AND OTHER LIABILITIES 161,600 163,420 197,116
Total liabilities 2,227,814 2,205,490 2,367,051
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS' DEFICIT:      
Preferred stock
Common stock 490 487 486
Capital in excess of par 474,369 470,801 456,107
Accumulated deficit (546,230) (538,823) (535,006)
Accumulated other comprehensive loss (42,208) (40,083) (11,817)
Total shareholders' deficit (113,579) (107,618) (90,230)
TOTAL LIABILITIES AND SHAREHOLDERS? DEFICIT $ 2,114,235 $ 2,097,872 $ 2,276,821

Source

v3.7.0.1
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME - USD ($)
$ in Thousands
3 Months Ended
Apr. 29, 2017
Apr. 30, 2016
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME    
Net earnings $ 1,839 $ 1,637
Currency translation adjustments 1,341 16,429
Unrealized (loss) gain on cash flow hedges, net of tax (3,466) 240
Comprehensive (loss) income $ (286) $ 18,306

Source

v3.7.0.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Apr. 29, 2017
Apr. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net earnings $ 1,839 $ 1,637
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 26,426 30,306
Rental product amortization 7,878 8,304
Gain on extinguishment of debt, net (715)  
Amortization of deferred financing costs and discount on long-term debt 1,849 1,916
Loss on disposition of assets 1,437 9
Asset impairment charges 2,867 1,162
Share-based compensation 4,735 4,118
Deferred tax (benefit) expense (269) 3,539
Deferred rent expense and other 210 296
Changes in operating assets and liabilities:    
Accounts receivable (17,432) (18,955)
Inventories (27,831) (44,916)
Rental product (4,833) (23,129)
Other assets 3,888 65,973
Accounts payable, accrued expenses and other current liabilities 32,943 17,246
Income taxes payable 1,529  
Other liabilities (1,170) (1,071)
Net cash provided by operating activities 33,351 46,435
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (17,786) (30,325)
Acquisition of business, net of cash (457)  
Proceeds from sales of property and equipment 12 501
Net cash used in investing activities (18,231) (29,824)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payments on term loan (1,750) (1,750)
Proceeds from asset-based revolving credit facility 137,650 204,014
Payments on asset-based revolving credit facility (137,650) (204,014)
Repurchase and retirement of senior notes (6,601)  
Cash dividends paid (9,131) (8,921)
Proceeds from issuance of common stock 467 434
Tax payments related to vested deferred stock units (1,632) (1,247)
Net cash used in financing activities (18,647) (11,484)
Effect of exchange rate changes (782) 1,322
(DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (4,309) 6,449
Balance at beginning of period 70,889 29,980
Balance at end of period $ 66,580 $ 36,429

Source