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
Oct. 28, 2017
Oct. 29, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net earnings $ 97,202 $ 55,045
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 78,929 87,838
Rental product amortization 32,779 35,982
Gain on extinguishment of debt, net (6,535) (1,737)
Amortization of deferred financing costs and discount on long-term debt 5,391 5,650
Loss on disposition of assets 1,407 616
Asset impairment charges 2,867 4,293
Share-based compensation 14,850 13,958
Deferred tax benefit (243) (13,233)
Deferred rent expense and other 422 (1,281)
Changes in operating assets and liabilities:    
Accounts receivable (13,192) (13,273)
Inventories (13,569) (32,833)
Rental product (6,554) (37,817)
Other assets 16,632 84,844
Accounts payable, accrued expenses and other current liabilities 24,394 (4,314)
Income taxes payable 19,870 (2,065)
Other liabilities (2,112) (4,789)
Net cash provided by operating activities 252,538 176,884
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (55,956) (80,550)
Acquisition of business, net of cash (457)  
Proceeds from sales of property and equipment 2,157 605
Net cash used in investing activities (54,256) (79,945)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payments on term loan (9,879) (40,701)
Proceeds from asset-based revolving credit facility 235,900 520,550
Payments on asset-based revolving credit facility (235,900) (520,550)
Repurchase and retirement of senior notes (106,731) (21,924)
Deferred financing costs (2,464)  
Cash dividends paid (26,895) (26,438)
Proceeds from issuance of common stock 1,334 1,451
Tax payments related to vested deferred stock units (1,682) (1,258)
Net cash used in financing activities (146,317) (88,870)
Effect of exchange rate changes 3,390 (3,101)
INCREASE IN CASH AND CASH EQUIVALENTS 55,355 4,968
Balance at beginning of period 70,889 29,980
Balance at end of period $ 126,244 $ 34,948