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CONSOLIDATED STATEMENTS OF CASH FLOWS - UNAUDITED - USD ($)
$ in Thousands
3 Months Ended
May 01, 2021
May 02, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ 361,756 $ (143,422)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation, amortization, and other 78,366 86,081
Amortization of convertible notes discount and issuance costs 7,306 1,094
Non-cash lease costs (27,276) 69,560
Deferred income taxes 3,984 (4,676)
Stock-based compensation 12,870 9,235
Changes in assets and liabilities:    
Accounts receivable (12,439) (14,745)
Inventories (58,486) 105,311
Prepaid expenses and other assets (9,603) (13,190)
Accounts payable 38,057 (167,707)
Accrued expenses (44,310) (90,047)
Income taxes payable / receivable 104,464 (58,922)
Construction allowances provided by landlords 13,902 8,638
Deferred revenue and other liabilities (21,240) (2,063)
Net cash provided by (used in) operating activities 447,351 (214,853)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (71,097) (59,591)
Deposits and purchases of other assets (2,338) 0
Net cash used in investing activities (73,435) (59,591)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Revolving credit borrowings 0 1,291,700
Revolving credit repayments 0 (86,800)
Proceeds from issuance of convertible notes 0 575,000
Payments for purchase of bond hedges 0 (161,057)
Proceeds from issuance of warrants 0 105,225
Transaction costs paid in connection with convertible notes issuance 0 (14,341)
Payments on other long-term debt and finance lease obligations (220) (199)
Proceeds from exercise of stock options 12,333 0
Minimum tax withholding requirements (18,601) (3,390)
Cash paid for treasury stock (76,841) 0
Cash dividend paid to stockholders (33,334) (28,070)
(Decrease) increase in bank overdraft (56,647) 11,109
Net cash (used in) provided by financing activities (173,310) 1,689,177
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS 64 (63)
NET INCREASE IN CASH AND CASH EQUIVALENTS 200,670 1,414,670
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 1,658,067 69,334
CASH AND CASH EQUIVALENTS, END OF PERIOD 1,858,737 1,484,004
Supplemental disclosure of cash flow information:    
Accrued property and equipment 52,228 21,033
Accrued transaction costs 0 2,939
Cash paid for interest 10,375 5,138
Cash paid for income taxes $ 3,249 $ 182