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
9 Months Ended
Nov. 03, 2018
Oct. 28, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net earnings $ 77,022 $ 97,202
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 78,088 78,929
Rental product amortization 30,720 32,779
Goodwill impairment charges 23,991  
Loss (gain) on extinguishment of debt, net 30,253 (6,535)
Amortization of deferred financing costs and discount on long-term debt 2,936 5,391
Loss on disposition of assets 8,599 1,407
Asset impairment charges 504 2,867
Share-based compensation 11,555 14,850
Deferred tax benefit (2,956) (243)
Deferred rent expense and other 395 422
Changes in operating assets and liabilities:    
Accounts receivable (5,661) (13,192)
Inventories (49,739) (13,569)
Rental product (14,665) (6,554)
Other assets 10,560 16,632
Accounts payable, accrued expenses and other current liabilities 70,924 24,394
Income taxes payable 10,313 19,870
Other liabilities (5,022) (2,112)
Net cash provided by operating activities 277,817 252,538
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (46,927) (55,956)
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 (29,172) (54,256)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payments on original term loan (993,420) (9,879)
Proceeds from new term loan 895,500  
Payments on new term loan (6,750)  
Proceeds from asset-based revolving credit facility 465,500 235,900
Payments on asset-based revolving credit facility (407,000) (235,900)
Repurchase and retirement of senior notes (199,365) (106,731)
Deferred financing costs (6,713) (2,464)
Cash dividends paid (27,833) (26,895)
Proceeds from issuance of common stock 6,149 1,334
Tax payments related to vested deferred stock units (7,510) (1,682)
Net cash (used in) provided by financing activities (281,442) (146,317)
Effect of exchange rate changes (2,385) 3,390
(DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (35,182) 55,355
Balance at beginning of period 103,607 70,889
Balance at end of period $ 68,425 $ 126,244