XML 20 R7.htm IDEA: XBRL DOCUMENT v3.22.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jan. 31, 2022
Jan. 31, 2021
Jan. 31, 2020
Cash flows from operating activities:      
Net income $ 310,616 $ 1,236 $ 168,096
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 105,672 103,771 112,256
Non-cash lease expense 193,032 197,088 190,652
(Benefit) provision for deferred income taxes (2,695) (14,270) 1,451
Share-based compensation expense 25,741 20,300 21,109
Goodwill impairment     13,911
Store impairment   15,496 14,611
Loss on disposition of property and equipment, net 1 779 1,643
Changes in assets and liabilities:      
Receivables 26,029 (1,223) (7,825)
Inventory (181,898) 22,381 (39,101)
Prepaid expenses and other assets (10,209) (25,239) (16,308)
Payables, accrued expenses and other liabilities 124,840 152,905 22,661
Operating lease liabilities (231,810) (187,410) (209,263)
Net cash provided by operating activities 359,319 285,814 273,893
Cash flows from investing activities:      
Cash paid for property and equipment (262,429) (159,242) (217,433)
Cash paid for marketable securities (505,936) (338,918) (397,220)
Sales and maturities of marketable securities 280,701 396,260 428,508
Net cash used in investing activities (487,664) (101,900) (186,145)
Cash flows from financing activities:      
Borrowings under debt   220,000  
Repayments of debt   (220,000)  
Proceeds from the exercise of share-based awards 3,290 495 974
Share repurchases related to share repurchase program (55,765) (7,036) (217,421)
Share repurchases related to taxes for share-based awards (7,790) (3,876) (5,600)
Net cash used in financing activities (60,265) (10,417) (222,047)
Effect of exchange rate changes on cash and cash equivalents (450) 299 (2,122)
(Decrease) increase in cash and cash equivalents (189,060) 173,796 (136,421)
Cash and cash equivalents at beginning of period 395,635 221,839 358,260
Cash and cash equivalents at end of period 206,575 395,635 221,839
Cash paid during the year for:      
Income taxes 111,632 25,572 74,429
Non-cash investing activities—Accrued capital expenditures $ 57,255 $ 36,926 $ 10,497