Quarterly report pursuant to Section 13 or 15(d)

Condensed Statement of Cash Flows

v3.23.3
Condensed Statement of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Oct. 29, 2023
Oct. 30, 2022
Cash Flows from Operating Activities    
Net (loss) income $ (7,091) $ 273
Adjustments to reconcile net (loss) income to cash provided by (used in) operating activities:    
Depreciation and amortization of property and equipment 8,820 7,911
Amortization of other intangible assets 327 285
Amortization of deferred financing fees 120 117
Net loss on disposal of property and equipment 162 41
Equity based compensation 3,127 2,929
Non-cash operating lease cost 16,567 13,582
Deferred income taxes (2,352) 38
Change in operating assets and liabilities:    
Trade accounts receivable (3,910) (6,810)
Merchandise inventories 3,002 (45,988)
Prepaid expenses and other current assets (1,552) (17,701)
Other assets (4,580) 7
Accounts payable and accrued expenses 15,061 1,208
Operating lease liabilities (10,507) (16,823)
Customer deposits 2,929 (7,455)
Net cash provided by (used in) operating activities 20,123 (68,386)
Cash Flows from Investing Activities    
Purchase of property and equipment (21,949) (18,115)
Payments for patents and trademarks (291) (200)
Net cash used in investing activities (22,240) (18,315)
Cash Flows from Financing Activities    
Taxes paid for net share settlement of equity awards (3,626) (1,583)
Payment of deferred financing costs (52) (276)
Net cash used in financing activities (3,678) (1,859)
Net change in cash and cash equivalents (5,795) (88,560)
Cash and cash equivalents - Beginning 43,533 92,392
Cash and cash equivalents - Ending 37,738 3,832
Supplemental Cash Flow Data:    
Cash paid for taxes 1,234 9,811
Cash paid for interest 76 65
Non-cash investing activities:    
Asset acquisitions not yet paid for at period end $ 1,983 $ 3,244