Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows (unaudited)

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Consolidated Statements of Cash Flows (unaudited) (USD $)
In Thousands, unless otherwise specified
 3 Months Ended
May 03, 2014
May 04, 2013
Operating activities    
Net income $ 49,953 $ 41,826
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 30,473 24,779
Deferred income taxes 306 99
Non-cash stock compensation charges 4,063 3,048
Excess tax benefits from stock-based compensation (901) (3,901)
Loss on disposal of property and equipment 874 1,577
Change in operating assets and liabilities:    
Receivables 20,327 11,590
Merchandise inventories (73,494) (80,960)
Prepaid expenses and other current assets 2,602 2,346
Income taxes 13,480 14,579
Accounts payable 35,866 29,602
Accrued liabilities (13,275) (13,968)
Deferred rent 3,049 12,000
Other assets and liabilities 370 218
Net cash provided by operating activities 73,693 42,835
Investing activities    
Purchases of property and equipment (39,106) (42,004)
Net cash used in investing activities (39,106) (42,004)
Financing activities    
Repurchase of common shares   (37,337)
Excess tax benefits from stock-based compensation 901 3,901
Stock options exercised 2,998 5,416
Purchase of treasury shares (1,253) (72)
Net cash provided by (used in) financing activities 2,646 (28,092)
Net increase (decrease) in cash and cash equivalents 37,233 (27,261)
Cash and cash equivalents at beginning of period 419,476 320,475
Cash and cash equivalents at end of period 456,709 293,214
Supplemental cash flow information    
Cash paid for income taxes (net of refunds) 17,160 10,996
Noncash investing activities:    
Change in property and equipment included in accrued liabilities $ 436 $ 688