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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Feb. 01, 2025
Feb. 03, 2024
Jan. 28, 2023
Operating activities:      
Net income $ 329,380 $ 170,038 $ 125,136
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 220,525 235,213 212,499
Share-based compensation 39,606 51,067 38,986
Deferred income taxes 9,748 (43,456) 31,049
Impairment of assets 6,353 116,365 20,633
Exchange of convertible senior notes     60,341
Changes in assets and liabilities:      
Accounts receivable (15,629) (5,820) 43,851
Merchandise inventory (21,363) (46,304) (38,364)
Operating lease assets 251,204 230,659 345,798
Operating lease liabilities (280,036) (326,571) (361,142)
Other assets (30,354) 17,473 26,280
Accounts payable 15,907 33,432 2,019
Accrued compensation and payroll taxes (38,050) 100,223 (90,114)
Accrued and other liabilities (10,493) 48,391 (10,676)
Net cash provided by operating activities 476,798 580,710 406,296
Investing activities:      
Capital expenditures for property and equipment (222,538) (174,437) (260,378)
Sale of available-for-sale investments 100,000    
Purchase of available-for-sale investments (50,000) (100,000)  
Purchase of equity method investment (35,000)    
Other investing activities (9,972) (12,995) (997)
Net cash (used for) investing activities (217,510) (287,432) (261,375)
Financing activities:      
Accelerated share repurchase     (200,000)
Principal paid in connection with exchange of convertible senior notes due 2025     (136,419)
Cash dividends paid (96,455) (83,825) (64,767)
Repurchase of common stock as part of publicly announced programs (190,912) (10,666) (9,780)
Repurchase of common stock from employees (13,769) (20,261)  
Net proceeds from stock options exercised 3,841 7,646 2,089
Proceeds from revolving line of credit   30,000  
Principal payments on revolving line of credit   (30,000)  
Other financing activities (4,614) (2,368) 984
Net cash (used for) financing activities (301,909) (109,474) (407,893)
Effect of exchange rates on cash (2,511) 81 (1,589)
Net change in cash and cash equivalents (45,132) 183,885 (264,561)
Cash and cash equivalents - beginning of period 354,094 170,209 434,770
Cash and cash equivalents - end of period $ 308,962 $ 354,094 $ 170,209