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CONSOLIDATED STATEMENTS OF CASH FLOWS - UNAUDITED - USD ($)
$ in Thousands
6 Months Ended
Aug. 02, 2025
Aug. 03, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 645,690 $ 637,525
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 203,522 189,219
Amortization of deferred financing fees and debt discount 5,774 1,162
Deferred income taxes 89,832 5,918
Stock-based compensation 37,948 32,812
Other, net (32,591) 2,443
Changes in assets and liabilities:    
Accounts receivable (11,670) (34,396)
Inventories (54,084) (329,227)
Prepaid expenses and other assets (17,185) (10,464)
Accounts payable (88,601) 141,555
Accrued expenses (22,748) 5,450
Income taxes payable / receivable (21,199) (3,356)
Construction allowances provided by landlords 70,583 46,556
Deferred revenue and other liabilities (20,016) (22,501)
Operating lease assets and liabilities (49,614) (36,548)
Net cash provided by operating activities 735,641 626,148
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (526,076) (372,105)
Proceeds from sale of other assets 0 8,775
Other investing activities (122,794) (3,548)
Net cash used in investing activities (648,870) (366,878)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payment of bridge facility financing fees 7,863 0
Proceeds from exercise of stock options 969 12,950
Minimum tax withholding requirements (32,059) (31,111)
Cash paid for treasury stock (303,671) (163,567)
Cash dividends paid to stockholders (196,052) (183,094)
Decrease in bank overdraft (7,342) (3,633)
Net cash used in financing activities (546,018) (368,455)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS 329 (136)
NET DECREASE IN CASH AND CASH EQUIVALENTS (458,918) (109,321)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 1,689,940 1,801,220
CASH AND CASH EQUIVALENTS, END OF PERIOD 1,231,022 1,691,899
Supplemental disclosure of cash flow information:    
Accrued property and equipment 146,809 112,287
Cash paid for interest, net of capitalized amounts 22,430 26,195
Cash paid for income taxes $ 144,809 $ 187,661