Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows

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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Aug. 04, 2018
Jul. 29, 2017
OPERATING ACTIVITIES:    
Net loss $ (3,026) $ (5,187)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 5,135 5,259
Share-based payment compensation 1,358 1,267
Amortization of deferred revenue (17) (42)
Amortization of deferred financing costs 104 214
Loss on debt extinguishment 0 913
Deferred income taxes 0 394
Changes in operating assets and liabilities:    
Accounts receivable, net 13,948 16,248
Inventories 3,419 6,444
Prepaid expenses and other (5,676) (54)
Accounts payable and accrued liabilities (1,750) (19,119)
Net cash provided by operating activities 13,495 6,337
INVESTING ACTIVITIES:    
Property and equipment additions (4,071) (6,256)
Net cash used for investing activities (4,071) (6,256)
FINANCING ACTIVITIES:    
Proceeds from issuance of revolving loan 111,400 10,500
Proceeds of term loans 5,821 6,000
Proceeds from issuance of common stock and warrants 0 4,628
Proceeds from exercise of stock options 111 29
Payments on revolving loan (121,400) (14,900)
Payments on term loans (969) (11,058)
Payments for repurchases of common stock 0 (5,055)
Payments for common stock issuance costs 0 (357)
Payments for deferred financing costs (58) (220)
Payments for debt extinguishment costs 0 (199)
Payments for restricted stock issuance (127) (37)
Net cash used for financing activities (5,222) (10,669)
Net increase (decrease) in cash and restricted cash equivalents 4,202 (10,588)
BEGINNING CASH AND RESTRICTED CASH EQUIVALENTS 24,390 33,097
ENDING CASH AND RESTRICTED CASH EQUIVALENTS 28,592 22,509
SUPPLEMENTAL CASH FLOW INFORMATION:    
Interest paid 1,726 2,631
Income taxes paid 14 34
SUPPLEMENTAL NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Property and equipment purchases included in accounts payable 216 401
Deferred financing costs included in accrued liabilities 29 0
Common stock issuance costs included in accrued liabilities $ 0 $ 103