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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
May 03, 2025
Feb. 01, 2025
May 04, 2024
Current assets:      
Cash and cash equivalents $ 87,853 $ 308,962 $ 300,518
Short-term investments   50,000  
Merchandise inventory 645,062 636,655 681,062
Accounts receivable, net 228,561 262,365 230,934
Prepaid expenses 103,466 76,088 72,973
Other current assets 23,082 20,161 25,830
Total current assets 1,088,024 1,354,231 1,311,317
Operating lease right-of-use assets 1,471,705 1,295,400 1,123,649
Property and equipment, at cost, net of accumulated depreciation 765,594 751,264 703,551
Goodwill, net 225,225 225,079 225,253
Non-current deferred income taxes 78,483 68,158 89,332
Intangible assets, net 41,549 42,449 45,178
Other assets 96,774 94,194 58,937
Total assets 3,767,354 3,830,775 3,557,217
Current liabilities:      
Accounts payable 247,994 280,712 225,480
Current portion of operating lease liabilities 319,626 313,034 303,603
Accrued compensation and payroll taxes 58,380 113,388 64,502
Unredeemed gift cards and gift certificates 63,282 70,094 57,373
Accrued income and other taxes 23,114 30,677 50,716
Other current liabilities and accrued expenses 75,261 74,751 71,655
Total current liabilities 787,657 882,656 773,329
Non-current liabilities:      
Non-current operating lease liabilities 1,337,489 1,133,296 1,002,529
Long-term debt, net 110,000    
Other non-current liabilities 57,992 47,963 29,003
Total non-current liabilities 1,505,481 1,181,259 1,031,532
Commitments and contingencies
Stockholders’ equity:      
Preferred stock, $0.01 par value; 5,000 shares authorized; none issued and outstanding
Common stock, $0.01 par value; 600,000 shares authorized; 249,566 shares issued; 173,267, 188,618 and 196,430 shares outstanding, respectively 2,496 2,496 2,496
Contributed capital 365,326 365,845 345,922
Accumulated other comprehensive loss (42,105) (56,390) (15,722)
Retained earnings 2,361,273 2,456,063 2,267,785
Treasury stock, at cost, 76,299, 60,948 and 53,136 shares, respectively (1,212,774) (1,001,154) (848,125)
Total stockholders' equity 1,474,216 1,766,860 1,752,356
Total liabilities and stockholders’ equity $ 3,767,354 $ 3,830,775 $ 3,557,217