Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Aug. 04, 2018
Jul. 29, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net earnings $ 63,147 $ 60,310
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 52,719 53,407
Rental product amortization 19,755 21,205
Loss (gain) on extinguishment of debt, net 20,833 (3,996)
Amortization of deferred financing costs and discount on long-term debt 2,228 3,661
Loss on disposition of assets 7,768 1,381
Asset impairment charges 269 2,867
Share-based compensation 9,416 8,095
Deferred tax benefit (2,240) (242)
Deferred rent expense and other 247 309
Changes in operating assets and liabilities:    
Accounts receivable 10,461 (4,832)
Inventories 42,186 15,701
Rental product (12,102) (8,521)
Other assets (9,372) 16,112
Accounts payable, accrued expenses and other current liabilities (3,497) (28,444)
Income taxes payable 697 4,964
Other liabilities (4,524) (1,448)
Net cash provided by operating activities 197,991 140,529
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (24,645) (33,973)
Proceeds from divestiture of business 17,755  
Acquisition of business, net of cash   (457)
Proceeds from sales of property and equipment   2,157
Net cash provided by (used in) investing activities (6,890) (32,273)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payments on original term loan (993,420) (8,129)
Proceeds from new term loan 895,500  
Payments on new term loan (4,500)  
Proceeds from asset-based revolving credit facility 199,500 181,550
Payments on asset-based revolving credit facility (95,000) (181,550)
Repurchase and retirement of senior notes (199,365) (45,167)
Deferred financing costs (5,644)  
Cash dividends paid (18,744) (18,033)
Proceeds from issuance of common stock 4,113 927
Tax payments related to vested deferred stock units (6,501) (1,644)
Net cash (used in) provided by financing activities (224,061) (72,046)
Effect of exchange rate changes (2,432) 5,642
(DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (35,392) 41,852
Balance at beginning of period 103,607 70,889
Balance at end of period $ 68,215 $ 112,741