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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
May 01, 2022
Jan. 30, 2022
May 02, 2021
Current assets      
Cash and cash equivalents $ 324,835 $ 850,338 $ 639,670
Accounts receivable, net 122,946 131,683 142,459
Merchandise inventories, net 1,396,135 1,246,372 1,087,528
Prepaid expenses 60,997 69,252 58,837
Other current assets 23,939 26,249 20,502
Total current assets 1,928,852 2,323,894 1,948,996
Property and equipment, net 942,460 920,773 875,384
Operating lease right-of-use assets 1,102,056 1,132,764 1,054,746
Deferred income taxes, net 48,737 56,585 57,499
Goodwill 85,298 85,354 85,435
Other long-term assets, net 103,310 106,250 88,180
Total assets 4,210,713 4,625,620 4,110,240
Current liabilities      
Accounts payable 642,619 612,512 574,876
Accrued expenses 183,729 319,924 174,139
Gift card and other deferred revenue 490,821 447,770 389,640
Income taxes payable 126,270 79,554 93,282
Operating lease liabilities 211,614 217,409 208,739
Other current liabilities 88,587 94,517 78,597
Total current liabilities 1,743,640 1,771,686 1,519,273
Deferred lease incentives 15,576 16,360 19,505
Long-term operating lease liabilities 1,038,249 1,066,839 999,288
Other long-term liabilities 103,504 106,528 124,878
Total liabilities 2,900,969 2,961,413 2,662,944
Stockholders’ equity      
Preferred stock: $0.01 par value; 7,500 shares authorized; none issued 0 0 0
Common stock: $0.01 par value; 253,125 shares authorized; 69,219, 71,982 and 75,235 shares issued and outstanding at May 1, 2022, January 30, 2022 and May 2, 2021, respectively 693 720 753
Additional paid-in capital 532,205 600,942 556,305
Retained earnings 789,852 1,074,084 894,878
Accumulated other comprehensive loss (12,267) (10,828) (3,929)
Treasury stock, at cost: 1, 4 and 4 shares as of May 1, 2022, January 30, 2022 and May 2, 2021, respectively (739) (711) (711)
Total stockholders’ equity 1,309,744 1,664,207 1,447,296
Total liabilities and stockholders’ equity $ 4,210,713 $ 4,625,620 $ 4,110,240