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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Aug. 03, 2024
Jul. 29, 2023
Operating activities:    
Net income $ 254,521 $ 333,006
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of property and other deferred costs 93,387 91,376
Gain on disposal of assets (280) (1,953)
Accrued interest on short-term investments (7,062) (3,113)
Changes in operating assets and liabilities:    
Increase in accounts receivable (3,921) (2,749)
Increase in merchandise inventories (97,433) (72,495)
Decrease (increase) in other current assets 3,860 (12,408)
(Increase) decrease in other assets (1,466) 4,492
Decrease in trade accounts payable and accrued expenses and other liabilities (3,201) (24,878)
(Decrease) increase in income taxes payable (62,448) 86,572
Net cash provided by operating activities 175,957 397,850
Investing activities:    
Purchase of property and equipment and capitalized software (61,086) (63,807)
Proceeds from disposal of assets 336 2,179
Purchase of short-term investments (319,505) (148,098)
Proceeds from maturities of short-term investments 350,852 149,962
Net cash used in investing activities (29,403) (59,764)
Financing activities:    
Cash dividends paid (8,113) (6,818)
Purchase of treasury stock   (217,256)
Net cash used in financing activities (8,113) (224,074)
Increase in cash and cash equivalents and restricted cash 138,441 114,012
Cash and cash equivalents and restricted cash, beginning of period 808,287 660,331
Cash and cash equivalents, end of period 946,728 774,343
Non-cash transactions:    
Accrued capital expenditures 8,442 11,973
Stock awards 1,561 1,280
Accrued purchases of treasury stock and excise taxes   2,162
Lease assets obtained in exchange for new operating lease liabilities $ 2,152 $ 2,027