Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Feb. 03, 2018
Jan. 28, 2017
Jan. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net earnings (loss) $ 96,703 $ 24,956 $ (1,026,719)
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:      
Depreciation and amortization 106,493 115,205 132,329
Rental product amortization 38,021 42,171 34,592
Goodwill and intangible asset impairment charges 1,500   1,243,354
(Gain) loss on extinguishment of debt, net (5,445) (1,737) 12,675
Amortization of deferred financing costs and discount on long-term debt 7,066 7,503 7,915
Loss on disposition of assets 1,237 6,396 3,548
Asset impairment charges 3,547 19,358 27,480
Share-based compensation 20,636 17,436 14,839
Excess tax benefits from share-based plans   (11) (1,584)
Deferred tax benefit (5,763) (23,988) (184,841)
Deferred rent expense and other 938 (1,725) 4,066
Changes in operating assets and liabilities:      
Accounts receivable (9,440) (5,593) 8,165
Inventories 114,652 61,707 (94,889)
Rental product (9,582) (41,779) (65,866)
Other assets (5,956) 71,338 (8,815)
Accounts payable, accrued expenses and other current liabilities (10,843) (44,630) 22,953
Income taxes payable 4,650 849 289
Other liabilities 2,354 (4,828) 2,206
Net cash provided by operating activities 350,768 242,628 131,697
CASH FLOWS FROM INVESTING ACTIVITIES:      
Capital expenditures (94,958) (99,694) (115,498)
Acquisition of business, net of cash (457)    
Proceeds from sales of property and equipment 5,480 617 2,617
Net cash used in investing activities (89,935) (99,077) (112,881)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Payments on term loan (53,379) (42,451) (8,000)
Proceeds from asset-based revolving credit facility 276,300 609,537 180,500
Payments on asset-based revolving credit facility (276,300) (609,537) (180,500)
Repurchase and retirement of senior notes (145,371) (21,924)  
Deferred financing costs (2,580)   (3,566)
Cash dividends paid (35,761) (35,240) (34,980)
Proceeds from issuance of common stock 1,903 2,189 2,974
Tax payments related to vested deferred stock units (1,687) (1,362) (4,538)
Excess tax benefits from share-based plans   11 1,584
Repurchases of common stock     (277)
Net cash (used in) provided by financing activities (236,875) (98,777) (46,803)
Effect of exchange rate changes 8,760 (3,865) (4,294)
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 32,718 40,909 (32,281)
Balance at beginning of period 70,889 29,980 62,261
Balance at end of period 103,607 70,889 29,980
Cash paid (refunded) for:      
Interest 106,372 96,408 96,994
Income taxes, net 39,537 (39,682) 21,857
Unpaid capital expenditure purchases      
Unpaid capital expenditure purchases $ 2,900 $ 12,200 $ 12,800