v3.25.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
May 03, 2025
May 04, 2024
Cash flows from operating activities:    
Net earnings (loss) $ (31,239) $ 15,906
Adjustments to reconcile net earnings (loss) to net cash used in operating activities:    
Depreciation and amortization 17,826 16,379
Amortization of debt discount and issuance costs 1,448 1,304
Share-based compensation expense 5,526 4,691
Forward contract losses 6,031 546
Net loss from impairment and disposition of long-term assets 6,625 1,357
Change in fair value remeasurement of derivatives related to convertible senior notes 4,253 (38,510)
Loss on extinguishment of debt 0 1,952
Other items, net (8,704) 8,837
Changes in operating assets and liabilities:    
Accounts receivable 84,513 40,016
Inventories (40,792) (38,145)
Prepaid expenses and other assets 5,269 (19,436)
Operating lease assets and liabilities, net (4,837) (4,577)
Accounts payable (50,217) (33,637)
Accrued expenses and other current liabilities (60,690) 3,399
Other long-term liabilities (8,424) 16,997
Net cash used in operating activities (73,412) (22,921)
Cash flows from investing activities:    
Purchases of property and equipment (21,907) (21,100)
Business acquisition, net of cash acquired 0 (54,981)
Net cash settlement of forward contract 289 180
Other investing activities (861) (2,022)
Net cash used in investing activities (22,479) (77,923)
Cash flows from financing activities:    
Proceeds from borrowings 81,543 182,939
Repayments on borrowings and finance lease obligations (13,014) (12,904)
Repayments of convertible senior notes 0 (33,292)
Proceeds from issuance of warrant 0 3,665
Purchase of convertible note hedge 0 (6,538)
Proceeds from termination of convertible senior note hedge 0 1,347
Payments for termination of common stock warrant 0 (548)
Debt issuance costs (123) (1,530)
Dividends paid (16,008) (135,626)
Noncontrolling interest capital distribution 0 (8,801)
Issuance of common stock, net of income tax withholdings on vesting of stock awards 153 5,847
Purchase of treasury stock 0 (10,279)
Net cash provided by (used in) financing activities 52,551 (15,720)
Effect of exchange rates on cash, cash equivalents and restricted cash 6,844 (690)
Net change in cash, cash equivalents and restricted cash (36,496) (117,254)
Cash, cash equivalents and restricted cash at the beginning of the year 188,492 360,285
Cash, cash equivalents and restricted cash at the end of the period 151,996 243,031
Supplemental cash flow data:    
Interest paid 9,628 8,053
Income taxes paid, net of refunds 11,098 17,159
Non-cash investing and financing activity:    
Change in accrual of property and equipment (1,021) (850)
Assets acquired under finance lease obligations 11 17
Exchange of 2024 Notes for 2028 Notes $ 0 $ (16,658)