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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Apr. 30, 2023
Apr. 30, 2022
Cash flows from operating activities:    
Net income $ 52,817 $ 31,533
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Depreciation and amortization 23,879 26,702
Non-cash lease expense 50,859 47,980
Provision for deferred income taxes 2,457 7,420
Share-based compensation expense 7,735 7,102
Amortization of tax credit investment 3,976 0
Loss on disposition of property and equipment, net 222 85
Changes in assets and liabilities:    
Receivables (35,030) (34,109)
Inventory (1,649) (64,511)
Prepaid expenses and other assets (35,045) (22,913)
Payables, accrued expenses and other liabilities 22,257 (15,184)
Operating lease liabilities (56,201) (63,662)
Net cash (used in) provided by operating activities 36,277 (79,557)
Cash flows from investing activities:    
Cash paid for property and equipment (32,904) (73,723)
Cash paid for marketable securities (74,101) (18,703)
Sales and maturities of marketable securities 69,456 106,043
Initial cash payment for tax credit investment (20,000) 0
Net cash provided by (used in) investing activities (57,549) 13,617
Cash flows from financing activities:    
Share repurchases related to share repurchase program 0 (62,052)
Share repurchases related to taxes for share-based awards (7,850) (6,636)
Tax credit investment liability payments (468) 0
Net cash used in financing activities (8,318) (68,688)
Effect of exchange rate changes on cash and cash equivalents (15) (307)
Decrease in cash and cash equivalents (29,605) (134,935)
Cash and cash equivalents at beginning of period 201,260 206,575
Cash and cash equivalents at end of period 171,655 71,640
Supplemental cash flow information:    
Cash paid during the year for income taxes 1,115 1,476
Non-cash investing activities—Accrued capital expenditures 19,529 23,914
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability 19,698 30,558
Non-cash investing activities-Accrued tax credit investment installments $ 62,120 $ 0