Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Cash Flows

v2.4.0.8
Consolidated Statements of Cash Flows (USD $)
 12 Months Ended
Feb. 01, 2014
Feb. 02, 2013
Jan. 28, 2012
OPERATING ACTIVITIES:      
Net loss $ (2,515,000) $ (27,676,000) $ (48,064,000)
Adjustments to reconcile net loss to net cash provided by (used for) operating activities:      
Depreciation and amortization 12,585,000 13,424,000 12,827,000
Share-based compensation 3,217,000 3,257,000 5,007,000
Write-off of deferred financing costs 0 2,306,000 0
Amortization of deferred revenue (85,000) (87,000) (1,061,000)
Amortization of debt discount 0 0 575,000
Amortization of deferred finance costs 178,000 249,000 609,000
Asset impairments and write-offs 0 11,111,000 0
Increase (Decrease) in Income Taxes Payable 1,158,000 0 0
Gains (Losses) on Extinguishment of Debt 0 500,000 25,679,000
Gain on the disposal of equipment 0 (102,000) (416,000)
Changes in operating assets and liabilities:      
Accounts receivable, net (9,026,000) (18,086,000) 9,909,000
Inventories, net (14,007,000) 6,321,000 (3,676,000)
Prepaid expenses and other 649,000 (2,066,000) (460,000)
Deferred Revenue 0 0 500,000
Accounts payable and accrued liabilities 21,799,000 2,367,000 (15,447,000)
Accrued dividends payable — Series B Preferred Stock 0 0 1,069,000
Net cash provided by (used for) operating activities 13,953,000 (8,482,000) (12,949,000)
INVESTING ACTIVITIES:      
Property and equipment additions (8,247,000) (6,157,000) (11,096,000)
Change in restricted cash and investments 0 0 2,861,000
Purchase of NBC Trademark License (2,830,000) (4,000,000) 0
Proceeds from disposal of equipment 0 102,000 416,000
Net cash used for investing activities (11,077,000) (10,055,000) (7,819,000)
FINANCING ACTIVITIES:      
Payment for Series B Preferred stock redemption 0 0 (40,853,000)
Payment for Series B Preferred stock dividend 0 0 (8,915,000)
Payments for deferred issuance costs (390,000) (552,000) (306,000)
Proceeds from Issuance of Long-term Debt 0 38,215,000 0
Repayments of Long-term Debt 0 (25,715,000) 0
Payments on capital leases (13,000) 0 0
Proceeds from exercise of stock options 227,000 109,000 1,828,000
Procceeds from issuance of common stock, net 0 0 55,500,000
Net cash provided by (used for) financing activities (176,000) 12,057,000 7,254,000
Net increase (decrease) in cash and cash equivalents 2,700,000 (6,480,000) (13,514,000)
BEGINNING CASH AND CASH EQUIVALENTS 26,477,000 32,957,000 46,471,000
ENDING CASH AND CASH EQUIVALENTS $ 29,177,000 $ 26,477,000 $ 32,957,000