XML 17 R6.htm IDEA: XBRL DOCUMENT v3.25.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
May 03, 2025
May 04, 2024
Operating activities:    
Net income $ 41,148 $ 31,467
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 46,564 37,184
Share-based compensation expense 9,859 5,061
Deferred income tax expense (5,117) (120)
Other non-cash expenses 94 120
Changes in operating assets and liabilities:    
Inventories (42,553) (45,354)
Prepaid expenses and other assets 13,931 6,393
Accounts payable 14,733 (36,353)
Income taxes payable 20,367 9,779
Accrued salaries and wages 11,436 (4,122)
Operating leases 3,176 21,636
Other accrued expenses 19,024 748
Net cash provided by operating activities 132,662 26,439
Investing activities:    
Purchases of investment securities and other investments (82,393) (4,508)
Sales, maturities, and redemptions of investment securities 82,938 19,296
Capital expenditures (36,209) (87,866)
Net cash used in investing activities (35,664) (73,078)
Financing activities:    
Repurchase and retirement of common stock 0 (30,151)
Proceeds from exercise of options to purchase common stock and vesting of restricted and performance-based restricted stock units 0 1
Common shares withheld for taxes (1,254) (6,652)
Net cash used in financing activities (1,254) (36,802)
Net increase (decrease) in cash and cash equivalents 95,744 (83,441)
Cash and cash equivalents at beginning of period 331,718 179,749
Cash and cash equivalents at end of period 427,462 96,308
Supplemental disclosures of cash flow information:    
Increase in accrued purchases of property and equipment $ 9,481 $ 5,955