Financials

Investors

v3.8.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
May 05, 2018
Feb. 03, 2018
Apr. 29, 2017
CURRENT ASSETS:      
Cash and cash equivalents $ 93,166 $ 103,607 $ 66,580
Accounts receivable, net 87,411 79,783 84,016
Inventories 843,671 851,931 984,221
Other current assets 69,937 78,252 69,288
Total current assets 1,094,185 1,113,573 1,204,105
PROPERTY AND EQUIPMENT, net 437,944 460,674 467,661
RENTAL PRODUCT, net 128,744 123,730 147,495
GOODWILL 104,802 120,292 117,585
INTANGIBLE ASSETS, net 167,320 168,987 170,966
OTHER ASSETS 12,827 12,699 6,423
TOTAL ASSETS 1,945,822 1,999,955 2,114,235
CURRENT LIABILITIES:      
Accounts payable 192,878 145,106 171,886
Accrued expenses and other current liabilities 350,414 285,537 303,602
Income taxes payable 1,740 6,121 2,861
Current portion of long-term debt 9,000 7,000 13,379
Total current liabilities 554,032 443,764 491,728
LONG-TERM DEBT, net 1,277,508 1,389,808 1,574,486
DEFERRED TAXES, net AND OTHER LIABILITIES 151,503 164,191 161,600
Total liabilities 1,983,043 1,997,763 2,227,814
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS' (DEFICIT) EQUITY :      
Preferred stock
Common stock 496 492 490
Capital in excess of par 494,849 491,648 474,369
Accumulated deficit (510,441) (479,166) (546,230)
Accumulated other comprehensive loss (22,125) (10,782) (42,208)
Total shareholders' (deficit) equity (37,221) 2,192 (113,579)
TOTAL LIABILITIES AND SHAREHOLDERS' (DEFICIT) EQUITY $ 1,945,822 $ 1,999,955 $ 2,114,235

Source

v3.8.0.1
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended
May 05, 2018
Apr. 29, 2017
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)    
Net earnings $ 13,909 $ 1,839
Currency translation adjustments (14,143) 1,341
Unrealized gain (loss) on cash flow hedges, net of tax 2,800 (3,466)
Comprehensive income (loss) $ 2,566 $ (286)

Source

v3.8.0.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
May 05, 2018
Apr. 29, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net earnings $ 13,909 $ 1,839
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 26,679 26,426
Rental product amortization 8,756 7,878
Loss (gain) on extinguishment of debt, net 12,711 (715)
Amortization of deferred financing costs and discount on long-term debt 1,333 1,849
Loss on disposition of assets 3,618 1,437
Asset impairment charges 269 2,867
Share-based compensation 4,581 4,735
Deferred tax expense (benefit) 748 (269)
Deferred rent expense and other 73 210
Changes in operating assets and liabilities:    
Accounts receivable (10,871) (17,432)
Inventories (11,886) (27,831)
Rental product (14,377) (4,833)
Other assets 8,124 3,888
Accounts payable, accrued expenses and other current liabilities 82,755 32,943
Income taxes payable (4,301) 1,529
Other liabilities (1,893) (1,170)
Net cash provided by operating activities 120,228 33,351
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (10,980) (17,786)
Proceeds from divestiture of business 17,732  
Acquisition of business, net of cash   (457)
Proceeds from sales of property and equipment   12
Net cash provided by (used in) investing activities 6,752 (18,231)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payments on original term loan (993,420) (1,750)
Proceeds from new term loan 895,500  
Payments on new term loan (2,250)  
Proceeds from asset-based revolving credit facility 1,500 137,650
Payments on asset-based revolving credit facility (1,500) (137,650)
Repurchase and retirement of senior notes (18,240) (6,601)
Deferred financing costs (5,576)  
Cash dividends paid (9,618) (9,131)
Proceeds from issuance of common stock 3,649 467
Tax payments related to vested deferred stock units (5,025) (1,632)
Net cash (used in) provided by financing activities (134,980) (18,647)
Effect of exchange rate changes (2,441) (782)
DECREASE IN CASH AND CASH EQUIVALENTS (10,441) (4,309)
Balance at beginning of period 103,607 70,889
Balance at end of period $ 93,166 $ 66,580

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