XML 20 R8.htm IDEA: XBRL DOCUMENT v3.21.1
Condensed Consolidated Statements of Cash Flows - USD ($)
3 Months Ended
May 02, 2021
May 03, 2020
Cash flows from operating activities:    
Net earnings $ 227,802,000 $ 35,423,000
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:    
Depreciation and amortization 47,922,000 46,224,000
Loss on disposal/impairment of assets 195,000 16,185,000
Amortization of deferred lease incentives (1,108,000) (1,405,000)
Non-cash lease expense 52,955,000 54,262,000
Deferred income taxes (3,981,000) (2,585,000)
Tax benefit related to stock-based awards 10,146,000 12,039,000
Stock-based compensation expense 26,330,000 19,703,000
Other (223,000) 129,000
Changes in:    
Accounts receivable 1,522,000 8,950,000
Merchandise inventories (79,726,000) 28,513,000
Prepaid expenses and other assets 34,562,000 (215,000)
Accounts payable 27,910,000 (92,871,000)
Accrued expenses and other liabilities (90,883,000) (29,050,000)
Gift card and other deferred revenue 16,174,000 9,960,000
Operating lease liabilities (53,633,000) (57,629,000)
Income taxes payable 22,917,000 6,240,000
Net cash provided by operating activities 238,881,000 53,873,000
Cash flows from investing activities:    
Purchases of property and equipment (42,360,000) (42,321,000)
Other 93,000 242,000
Net cash used in investing activities (42,267,000) (42,079,000)
Cash flows from financing activities:    
Repurchases of common stock (315,529,000) 0
Repayment of long-term debt (300,000,000) 0
Tax withholdings related to stock-based awards (98,451,000) (28,912,000)
Payment of dividends (45,576,000) (39,391,000)
Borrowings under revolving line of credit 0 487,823,000
Net cash (used in) provided by financing activities (759,556,000) 419,520,000
Effect of exchange rates on cash and cash equivalents 2,275,000 (2,474,000)
Net (decrease) increase in cash and cash equivalents (560,667,000) 428,840,000
Cash and cash equivalents at beginning of period 1,200,337,000 432,162,000
Cash and cash equivalents at end of period $ 639,670,000 $ 861,002,000