Annual report [Section 13 and 15(d), not S-K Item 405]

Statements of Cash Flows

v3.26.1
Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Feb. 01, 2026
Feb. 02, 2025
Feb. 04, 2024
Cash Flows from Operating Activities      
Net income $ 4,065 $ 11,556 $ 23,861
Adjustments to reconcile net income to cash provided by operating activities:      
Depreciation and amortization of property and equipment 14,887 14,292 12,174
Amortization of other intangible assets 319 418 429
Amortization of deferred financing fees 73 127 159
Net loss on disposal of property and equipment 466 140 235
Gain on lease termination (167) 0 (131)
Impairment of long-lived assets 1,541 0 0
Equity based compensation 5,510 7,945 4,216
Non-cash lease expense 27,136 25,171 22,631
Deferred income taxes 1,890 (4,474) (2,126)
Change in operating assets and liabilities:      
Trade accounts receivable 5,048 (3,318) (4,360)
Merchandise inventories 18,016 (25,893) 21,187
Prepaid expenses and other current assets 4,955 (6,064) (164)
Other assets 486 (4,241) (6,301)
Accounts payable (8,887) 22,392 2,669
Accrued expenses and other payables (1,467) 17,507 14,020
Operating lease liabilities (24,877) (19,546) (14,007)
Customer deposits 294 2,993 1,497
Other liabilities 40 (28) 452
Net cash provided by operating activities 49,328 38,977 76,441
Cash Flows from Investing Activities      
Purchase of property and equipment (23,135) (21,026) (28,736)
Payments for patents and trademarks (885) (491) (475)
Net cash used in investing activities (24,020) (21,517) (29,211)
Cash Flows from Financing Activities      
Taxes paid for net share settlement of equity awards (1,177) (530) (3,675)
Repurchases of common stock (6,000) (19,929) 0
Proceeds from the line of credit 0 0 255
Payments on the line of credit 0 0 (255)
Payment of deferred financing costs (12) (303) (52)
Net cash used in financing activities (7,189) (20,762) (3,727)
Net change in cash and cash equivalents 18,119 (3,302) 43,503
Cash and cash equivalents - Beginning 83,734 87,036 43,533
Cash and cash equivalents - Ending 101,853 83,734 87,036
Supplemental Cash Flow Data:      
Cash paid for taxes 9,973 8,447 1,810
Cash paid for interest 122 112 146
Non-cash investing and financing activities:      
Asset acquisitions not yet paid for at period end 1,806 1,240 1,576
Leasehold improvements acquired through lease incentive 1,824 0 $ 0
Excise tax on share repurchases, accrued but not paid $ 46 $ 183