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. 01, 2015
Aug. 02, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net earnings including non-controlling interest $ 58,148 $ 28,826
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 65,213 49,778
Rental product amortization 19,995 19,961
Amortization of deferred financing costs 3,485 1,121
Amortization of discount on long-term debt 598 196
Loss on extinguishment of debt 12,675 2,158
Loss on disposition of assets 886 1,641
Asset impairment charges 260 302
Share-based compensation 8,429 8,036
Excess tax benefits from share-based plans (1,094) (3,687)
Deferred tax benefit (12,641) (9,120)
Deferred rent expense and other 2,499 1,174
Changes in operating assets and liabilities:    
Accounts receivable 3,937 (18,905)
Inventories (17,697) (62,689)
Rental product (35,965) (23,192)
Other assets 7,911 2,372
Accounts payable, accrued expenses and other current liabilities (25,405) 12,289
Income taxes payable 2,723 4,191
Other liabilities 957 (573)
Net cash provided by operating activities 94,914 13,879
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (56,764) (40,837)
Acquisition of business, net of cash   (1,491,393)
Net cash (used in) provided by investing activities (56,764) (1,532,230)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from new term loan   1,089,000
Payments on new term loan (4,500)  
Payments on previous term loan   (97,500)
Proceeds from asset-based revolving credit facility 5,500 340,000
Payments on asset-based revolving credit facility (5,500) (340,000)
Proceeds from issuance of senior notes   600,000
Deferred financing costs (3,566) (50,938)
Cash dividends paid (17,561) (17,460)
Proceeds from issuance of common stock 1,961 6,167
Tax payments related to vested deferred stock units (4,506) (6,869)
Excess tax benefits from share-based plans 1,094 3,687
Repurchases of common stock (277) (251)
Net cash (used in) provided by financing activities (27,355) 1,525,836
Effect of exchange rate changes 347 498
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 11,142 7,983
Balance at beginning of period 62,261 59,252
Balance at end of period $ 73,403 $ 67,235