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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Feb. 01, 2020
Feb. 02, 2019
Feb. 03, 2018
Operating activities:      
Net income $ 175,056 $ 149,645 $ 102,451
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 54,979 41,451 33,241
Share-based compensation expense 12,383 12,018 16,373
Deferred income tax expense 14,842 550 4,363
Other non-cash expenses 117 44 138
Changes in operating assets and liabilities:      
Inventories (80,392) (56,599) (32,589)
Prepaid income taxes (2,726) 927 (1,277)
Prepaid expenses and other assets (16,603) (15,655) (16,366)
Accounts payable 20,742 32,866 19,809
Income taxes payable (11,121) (4,649) 1,902
Accrued salaries and wages (4,713) 1,680 12,112
Operating leases 13,922 12,143 15,886
Other accrued expenses 10,543 9,712 11,338
Net cash provided by operating activities 187,029 184,133 167,381
Investing activities:      
Purchases of investment securities and other investments (136,148) (117,371) (234,856)
Sales, maturities, and redemptions of investment securities 154,865 191,619 163,501
Capital expenditures (212,297) (113,720) (67,795)
Net cash used in investing activities (193,580) (39,472) (139,150)
Financing activities:      
Net proceeds from issuance of common stock 435 365 251
Repurchase and retirement of common stock (36,885) (1,987) 0
Proceeds from exercise of options to purchase common stock and vesting of restricted and performance-based restricted stock units 4,110 4,030 9,603
Common shares withheld for taxes 10,367 7,990 1,504
Net cash (used in) provided by financing activities (42,707) (5,582) 8,350
Net (decrease) increase in cash and cash equivalents (49,258) 139,079 36,581
Cash and cash equivalents at end of year 251,748 112,669 76,088
Cash and cash equivalents at end of year 202,490 251,748 112,669
Supplemental disclosures of cash flow information:      
Interest paid 0 3 4
Income taxes paid 45,518 45,589 51,405
(Decrease) increase in accounts payable and accrued purchases of property and equipment $ (19,411) $ 48,723 $ 3,093