v3.22.2.2
Condensed Statement of Cash Flows (unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jul. 31, 2022
Aug. 01, 2021
Cash Flows from Operating Activities    
Net income $ 9,017 $ 10,509
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization of property and equipment 5,549 3,479
Amortization of other intangible assets 188 543
Amortization of deferred financing fees 71 45
Equity based compensation 2,197 1,739
Non-cash operating lease cost 8,711 9,012
Impairment of right of use lease asset 0 554
Deferred income taxes 2,738 0
Changes in operating assets and liabilities:    
Trade accounts receivable (423) (2,850)
Merchandise inventories (38,133) (24,575)
Prepaid expenses and other current assets (17,916) 461
Accounts payable and accrued expenses (16,024) 2,830
Operating lease liabilities (8,501) (8,351)
Customer deposits (6,828) 7,373
Net Cash (Used in) Provided by Operating Activities (59,354) 769
Cash Flows from Investing Activities    
Purchase of property and equipment (13,461) (7,141)
Payments for patents and trademarks (200) (215)
Net Cash Used in Investing Activities (13,661) (7,356)
Cash Flows from Financing Activities    
Payment of deferred financing costs (276) 0
Taxes paid for net share settlement of equity awards (1,449) (3,370)
Proceeds from the exercise of warrants 0 104
Net Cash Used in Financing Activities (1,725) (3,266)
Net Change in Cash and Cash Equivalents (74,740) (9,853)
Cash and Cash Equivalents - Beginning 92,392 78,341
Cash and Cash Equivalents - Ending 17,652 68,488
Supplemental Cash Flow Disclosures    
Cash paid for taxes 9,393 670
Cash paid for interest $ 34 $ 32

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