Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows

v3.10.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Nov. 03, 2018
Oct. 28, 2017
OPERATING ACTIVITIES:    
Net loss $ (12,183) $ (6,290)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 7,667 7,710
Share-based payment compensation 2,180 2,057
Amortization of deferred revenue (27) (51)
Amortization of deferred financing costs 159 301
Loss on debt extinguishment 0 1,134
Deferred income taxes 0 (266)
Changes in operating assets and liabilities:    
Accounts receivable, net 22,417 14,817
Inventories (17,197) (6,876)
Prepaid expenses and other (2,841) 257
Accounts payable and accrued liabilities 10,969 (6,085)
Net cash provided by operating activities 11,144 6,708
INVESTING ACTIVITIES:    
Property and equipment additions (6,681) (8,794)
Proceeds from the sale of assets 0 2,500
Net cash used for investing activities (6,681) (6,294)
FINANCING ACTIVITIES:    
Proceeds from issuance of revolving loan 177,100 51,100
Proceeds of term loans 5,821 6,000
Proceeds from exercise of stock options 181 53
Proceeds from issuance of common stock and warrants 0 4,628
Payments on revolving loan (186,100) (51,100)
Payments on term loans (1,647) (14,352)
Payments for restricted stock issuance (130) (42)
Payments for deferred financing costs (96) (258)
Payments on capital leases (4) 0
Payments for repurchases of common stock 0 (5,055)
Payments for common stock issuance costs 0 (452)
Payments for debt extinguishment costs 0 (249)
Net cash used for financing activities (4,875) (9,727)
Net decrease in cash and restricted cash equivalents (412) (9,313)
BEGINNING CASH AND RESTRICTED CASH EQUIVALENTS 24,390 33,097
ENDING CASH AND RESTRICTED CASH EQUIVALENTS 23,978 23,784
SUPPLEMENTAL CASH FLOW INFORMATION:    
Interest paid 2,386 3,728
Income taxes paid 14 35
SUPPLEMENTAL NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Property and equipment purchases included in accounts payable 1,026 272
Common stock issuance costs included in accrued liabilities 0 14
Equipment acquired through capital lease obligations $ 30 $ 0