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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Apr. 30, 2025
Apr. 30, 2024
Cash flows from operating activities:    
Net income $ 108,347 $ 61,765
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 29,554 27,761
Non-cash lease expense 52,805 51,470
Provision for deferred income taxes 13,701 12,735
Share-based compensation expense 7,763 7,599
Amortization of tax credit investment 4,293 4,380
Store impairment and lease abandonment charges 0 4,601
Loss on disposition of property and equipment, net 94 135
Changes in assets and liabilities:    
Receivables (15,036) (21,512)
Inventory (37,386) (29,818)
Prepaid expenses and other assets (17,058) (37,542)
Payables, accrued expenses and other liabilities (54,114) 36,663
Operating lease liabilities (59,931) (59,686)
Net cash provided by operating activities 33,032 58,551
Cash flows from investing activities:    
Cash paid for property and equipment (46,158) (41,091)
Cash paid for marketable securities (117,878) (95,799)
Sales and maturities of marketable securities 203,416 91,081
Net cash provided by (used in) investing activities 39,380 (45,809)
Cash flows from financing activities:    
Proceeds from the exercise of stock options 0 475
Share repurchases related to share repurchase program (151,935) 0
Share repurchases related to taxes for share-based awards (20,241) (14,445)
Tax credit investment liability payments (4,172) (1,341)
Net cash used in financing activities (176,348) (15,311)
Effect of exchange rate changes on cash and cash equivalents 2,888 (1,757)
Decrease in cash and cash equivalents (101,048) (4,326)
Cash and cash equivalents at beginning of period 290,481 178,321
Cash and cash equivalents at end of period 189,433 173,995
Supplemental cash flow information:    
Cash paid during the year for income taxes 6,596 2,983
Non-cash investing activities—Accrued capital expenditures 11,327 37,391
Right-of-use assets obtained in exchange for operating lease liabilities $ 85,109 $ 60,868