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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jul. 31, 2023
Jul. 31, 2022
Cash flows from operating activities:    
Net income $ 156,909 $ 91,006
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Depreciation and amortization 47,471 52,383
Non-cash lease expense 101,277 94,821
Provision for deferred income taxes 526 6,136
Share-based compensation expense 15,556 14,109
Amortization of tax credit investment 7,953 0
Loss on disposition of property and equipment, net 146 284
Changes in assets and liabilities:    
Receivables (8,160) (34,607)
Inventory 3,299 (134,092)
Prepaid expenses and other assets (48,256) (36,593)
Payables, accrued expenses and other liabilities 54,573 37,088
Operating lease liabilities (120,047) (122,198)
Net cash provided by (used in) operating activities 211,247 (31,663)
Cash flows from investing activities:    
Cash paid for property and equipment (78,517) (105,652)
Cash paid for marketable securities (229,446) (22,973)
Sales and maturities of marketable securities 149,921 164,314
Initial cash payment for tax credit investment (20,000) 0
Net cash (used in) provided by investing activities (178,042) 35,689
Cash flows from financing activities:    
Proceeds from the exercise of stock options 594 376
Share repurchases related to share repurchase program 0 (112,016)
Share repurchases related to taxes for share-based awards (8,184) (6,668)
Tax credit investment liability payments (1,724) 0
Net cash used in financing activities (9,314) (118,308)
Effect of exchange rate changes on cash and cash equivalents (407) (628)
Increase (decrease) in cash and cash equivalents 23,484 (114,910)
Cash and cash equivalents at beginning of period 201,260 206,575
Cash and cash equivalents at end of period 224,744 91,665
Supplemental cash flow information:    
Cash paid during the year for income taxes 24,801 21,532
Non-cash investing activities—Accrued capital expenditures 16,011 21,960
Right-of-use assets obtained in exchange for operating lease liabilities 113,184 45,509
Non-cash investing activities-Accrued tax credit investment installments $ 62,120 $ 0