Financials

Investors

v3.7.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jul. 29, 2017
Jan. 28, 2017
Jul. 30, 2016
CURRENT ASSETS:      
Cash and cash equivalents $ 112,741 $ 70,889 $ 11,430
Accounts receivable, net 71,900 65,714 84,348
Inventories 944,783 955,512 1,023,603
Other current assets 55,432 73,602 81,113
Total current assets 1,184,856 1,165,717 1,200,494
PROPERTY AND EQUIPMENT, net 459,530 484,165 510,520
RENTAL PRODUCT, net 139,397 152,610 171,469
GOODWILL 119,880 117,026 118,307
INTANGIBLE ASSETS, net 170,113 171,659 174,752
OTHER ASSETS 5,948 6,695 9,012
TOTAL ASSETS 2,079,724 2,097,872 2,184,554
CURRENT LIABILITIES:      
Accounts payable 140,156 177,380 169,820
Accrued expenses and other current liabilities 276,616 267,899 295,707
Income taxes payable 6,310 1,262 1,150
Current portion of long-term debt 8,750 13,379 14,000
Total current liabilities 431,832 459,920 480,677
LONG-TERM DEBT, net 1,532,255 1,582,150 1,600,402
DEFERRED TAXES, net AND OTHER LIABILITIES 162,313 163,420 192,125
Total liabilities 2,126,400 2,205,490 2,273,204
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS' DEFICIT:      
Preferred stock
Common stock 491 487 486
Capital in excess of par 478,174 470,801 461,143
Accumulated deficit (497,160) (538,823) (519,068)
Accumulated other comprehensive loss (28,181) (40,083) (31,211)
Total shareholders' deficit (46,676) (107,618) (88,650)
TOTAL LIABILITIES AND SHAREHOLDERS' DEFICIT $ 2,079,724 $ 2,097,872 $ 2,184,554

Source

v3.7.0.1
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jul. 29, 2017
Jul. 30, 2016
Jul. 29, 2017
Jul. 30, 2016
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME        
Net earnings $ 58,471 $ 24,975 $ 60,310 $ 26,612
Currency translation adjustments 14,773 (19,600) 16,114 (3,171)
Unrealized (loss) gain on cash flow hedges, net of tax (746) 206 (4,212) 446
Comprehensive income $ 72,498 $ 5,581 $ 72,212 $ 23,887

Source

v3.7.0.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jul. 29, 2017
Jul. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net earnings $ 60,310 $ 26,612
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 53,407 60,275
Rental product amortization 21,205 23,176
(Gain) loss on extinguishment of debt, net (3,996) 71
Amortization of deferred financing costs and discount on long-term debt 3,661 3,798
Loss on disposition of assets 1,381 49
Asset impairment charges 2,867 3,864
Share-based compensation 8,095 8,739
Deferred tax (benefit) expense (242) 1,890
Deferred rent expense and other 309 (637)
Changes in operating assets and liabilities:    
Accounts receivable (4,832) (22,955)
Inventories 15,701 (2,223)
Rental product (8,521) (35,952)
Other assets 16,112 64,513
Accounts payable, accrued expenses and other current liabilities (28,444) (29,412)
Income taxes payable 4,964 1,150
Other liabilities (1,448) (2,654)
Net cash provided by operating activities 140,529 100,304
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (33,973) (55,912)
Acquisition of business, net of cash (457)  
Proceeds from sales of property and equipment 2,157 605
Net cash used in investing activities (32,273) (55,307)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payments on term loan (8,129) (38,951)
Proceeds from asset-based revolving credit facility 181,550 305,549
Payments on asset-based revolving credit facility (181,550) (305,549)
Repurchase and retirement of senior notes (45,167) (5,546)
Cash dividends paid (18,033) (17,676)
Proceeds from issuance of common stock 927 932
Tax payments related to vested deferred stock units (1,644) (1,258)
Net cash used in financing activities (72,046) (62,499)
Effect of exchange rate changes 5,642 (1,048)
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 41,852 (18,550)
Balance at beginning of period 70,889 29,980
Balance at end of period $ 112,741 $ 11,430

Source