Quarterly report pursuant to Section 13 or 15(d)

Condensed Statement of Cash Flows

v3.23.1
Condensed Statement of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Apr. 30, 2023
May 01, 2022
Cash Flows from Operating Activities    
Net (loss) income $ (4,230) $ 1,895
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization of property and equipment 2,697 2,575
Amortization of other intangible assets 125 86
Amortization of deferred financing fees 42 29
Equity based compensation 686 1,163
Non-cash operating lease cost 5,308 4,184
Deferred income taxes (1,330) 523
Changes in operating assets and liabilities:    
Trade accounts receivable (8,978) 2,134
Merchandise inventories 13,143 (14,515)
Prepaid expenses and other current assets 5,971 270
Other assets (4,455) 0
Accounts payable and accrued expenses (5,785) (10,359)
Operating lease liabilities (5,515) (4,062)
Customer deposits 8,612 (5,709)
Net Cash Provided by (Used in) Operating Activities 6,291 (21,786)
Cash Flows from Investing Activities    
Purchase of property and equipment (4,177) (5,893)
Payments for patents and trademarks 0 (125)
Net Cash Used in Investing Activities (4,177) (6,018)
Cash Flows from Financing Activities    
Payment of deferred financing costs (52) (161)
Taxes paid for net share settlement of equity awards (470) (47)
Net Cash Used in Financing Activities (522) (208)
Net Change in Cash and Cash Equivalents 1,592 (28,012)
Cash and Cash Equivalents - Beginning 43,533 92,392
Cash and Cash Equivalents - Ending 45,125 64,380
Supplemental Cash Flow Disclosures    
Cash paid for taxes 0 905
Cash paid for interest 30 33
Non-cash investing activities:    
Asset acquisitions not yet paid for at period end $ 4,994 $ 0