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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
May 04, 2024
Apr. 29, 2023
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) $ (3,625) $ 41,890
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 30,827 27,770
Non-cash operating lease cost 23,842 19,865
Asset impairments 575 2,475
Stock-based compensation expense 10,544 10,180
Non-cash finance lease interest expense 7,407 8,486
Deferred income taxes   16,527
Share of equity method investments loss-net 2,442 1,602
Other non-cash items 2,184 2,215
Change in assets and liabilities:    
Accounts receivable (7,750) (462)
Merchandise inventories (48,324) 35,915
Prepaid expense and other assets 15,404 (4,311)
Landlord assets under construction-net of tenant allowances (8,782) (9,583)
Accounts payable and accrued expenses 40,520 (54,354)
Deferred revenue and customer deposits 32,873 19,160
Other current liabilities (11,143) (556)
Current and non-current operating lease liabilities (24,009) (21,543)
Other non-current obligations (6,855) (8,538)
Net cash provided by operating activities 56,130 86,738
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (66,261) (34,190)
Equity method investments (2,682) (33,131)
Net cash used in investing activities (68,943) (67,321)
CASH FLOWS FROM FINANCING ACTIVITIES    
Repayments under term loans (6,250) (6,250)
Repayments under real estate loans (9) (6)
Repayments under promissory and equipment security notes   (1,160)
Repayments of convertible senior notes   (2)
Principal payments under finance lease agreements-net of tenant allowances (4,496) (3,877)
Proceeds from exercise of stock options 1,990 456
Tax withholdings related to issuance of stock-based awards (151) (96)
Net cash used in financing activities (8,916) (10,935)
Effects of foreign currency exchange rate translation (172) (18)
Net increase (decrease) in cash and cash equivalents, restricted cash and restricted cash equivalents (21,901) 8,464
Cash and cash equivalents, restricted cash and restricted cash equivalents    
Beginning of period-cash and cash equivalents 123,688 1,508,101
Beginning of period-restricted cash   3,662
Beginning of period-cash and cash equivalents and restricted cash 123,688 1,511,763
End of period-cash and cash equivalents 101,787 1,516,689
End of period-restricted cash   3,538
End of period-cash and cash equivalents and restricted cash 101,787 1,520,227
Non-cash transactions:    
Property and equipment additions in accounts payable and accrued expenses at period-end 38,504 20,441
Landlord asset additions in accounts payable and accrued expenses at period-end 6,434 2,564
Excise tax from share repurchases in accounts payable and accrued expenses at period-end $ 11,988 $ 3,700