Pier 1 2009 Annual Report Download - page 69

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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
NOTE 6—CONDENSED FINANCIAL STATEMENTS (Continued)
CONSOLIDATING CONDENSED STATEMENT OF CASH FLOWS
Year Ended March 1, 2008
(in thousands)
Non-
Pier 1 Guarantor Guarantor
Imports, Inc. Subsidiaries Subsidiaries Eliminations Total
Cash flow from operating activities:
Net cash provided by (used in) operating
activities ...................... $ 7,230 $(94,318) $ 4,014 $— $(83,074)
Cash flow from investing activities:
Capital expenditures .............. — (7,153) — — (7,153)
Proceeds from disposition of properties — 5,674 — — 5,674
Proceeds from the sale of restricted
investments .................. — 6,986 — — 6,986
Purchase of restricted investments .... — (589) — — (589)
Collections of principal on beneficial
interest in securitized receivables . . . — 1,500 — — 1,500
Net cash provided by investing activities . — 6,418 — — 6,418
Cash flow from financing activities:
Proceeds from stock options exercised,
stock purchase plan and other, net . . 3,909 — — — 3,909
Debt issuance costs .............. — (998) — — (998)
Advances (to) from subsidiaries ..... (69,272) 72,023 (2,751) — —
Net cash provided by (used in) financing
activities ...................... (65,363) 71,025 (2,751) — 2,911
Change in cash and cash equivalents .... (58,133) (16,875) 1,263 — (73,745)
Cash and cash equivalents at beginning
of period ...................... 111,163 43,699 12,316 — 167,178
Cash and cash equivalents at end of
period ........................ $ 53,030 $ 26,824 $13,579 $— $ 93,433
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