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CONSOLIDATED STATEMENTS OF CASH FLOWS - UNAUDITED - USD ($)
$ in Thousands
3 Months Ended
Apr. 30, 2022
May 01, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 260,559 $ 361,756
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Depreciation and amortization 79,673 78,366
Amortization of deferred financing fees and debt discount 1,371 7,306
Deferred income taxes (1,791) 3,984
Stock-based compensation 15,177 12,870
Other, net 264 0
Changes in assets and liabilities:    
Accounts receivable (17,435) (12,439)
Inventories (527,223) (58,486)
Prepaid expenses and other assets (6,138) (9,603)
Accounts payable 237,076 38,057
Accrued expenses (132,185) (44,310)
Income taxes payable / receivable 66,898 104,464
Construction allowances provided by landlords 19,891 13,902
Deferred revenue and other liabilities (35,047) (21,240)
Operating lease assets and liabilities (21,391) (27,276)
Net cash (used in) provided by operating activities (60,301) 447,351
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (73,783) (71,097)
Proceeds from sale of other assets 14,261 0
Deposits and other investing activities (10,780) (2,338)
Net cash used in investing activities (70,302) (73,435)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Principal paid in connection with exchange of convertible senior notes due 2025 (100,000) 0
Payments on other long-term debt and finance lease obligations (178) (220)
Proceeds from exercise of stock options 12,665 12,333
Minimum tax withholding requirements (33,287) (18,601)
Cash paid for treasury stock (67,909) (76,841)
Cash dividends paid to stockholders (46,081) (33,334)
Decrease in bank overdraft (26,467) (56,647)
Net cash used in financing activities (261,257) (173,310)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS (7) 64
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (391,867) 200,670
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 2,643,205 1,658,067
CASH AND CASH EQUIVALENTS, END OF PERIOD 2,251,338 1,858,737
Supplemental disclosure of cash flow information:    
Accrued property and equipment 33,959 52,228
Cash paid for interest 9,792 10,375
Cash paid for income taxes 6,236 3,249
Accrued treasury stock $ 6,051 $ 0