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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jul. 29, 2023
Jul. 30, 2022
Operating activities:    
Net income $ 84,313 $ 74,062
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 60,068 49,120
Share-based compensation expense 9,605 12,139
Deferred income tax expense 1,021 5,258
Other non-cash expenses 72 281
Changes in operating assets and liabilities:    
Inventories (15,901) (114,097)
Prepaid income taxes and tax receivable (1,626) (3,046)
Prepaid expenses and other assets 6,644 (15,967)
Accounts payable 17,674 64,908
Income taxes payable (19,928) (28,096)
Accrued salaries and wages 859 (33,556)
Operating leases 20,782 17,167
Other accrued expenses 5,685 17,984
Net cash provided by operating activities 169,268 46,157
Investing activities:    
Purchases of investment securities and other investments (128,950) (21,848)
Sales, maturities, and redemptions of investment securities 93,982 219,391
Capital expenditures (116,423) (109,710)
Net cash (used in) provided by investing activities (151,391) 87,833
Financing activities:    
Repurchase and retirement of common stock 0 (40,007)
Proceeds from exercise of options to purchase common stock and vesting of restricted and performance-based restricted stock units 54 102
Common shares withheld for taxes (16,151) (4,421)
Net cash used in financing activities (15,657) (43,862)
Net increase in cash and cash equivalents 2,220 90,128
Cash and cash equivalents at beginning of period 332,324 64,973
Cash and cash equivalents at end of period 334,544 155,101
Supplemental disclosures of cash flow information:    
Increase in accrued purchases of property and equipment (31,801) 3,841
Net proceeds from issuance of common stock $ 440 $ 464