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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jul. 31, 2022
Jan. 30, 2022
Aug. 01, 2021
Current assets      
Cash and cash equivalents $ 124,944 $ 850,338 $ 655,211
Accounts receivable, net 133,500 131,683 141,814
Merchandise inventories, net 1,542,428 1,246,372 1,170,561
Prepaid expenses 102,312 69,252 85,587
Other current assets 25,537 26,249 20,537
Total current assets 1,928,721 2,323,894 2,073,710
Property and equipment, net 973,676 920,773 875,295
Operating lease right-of-use assets 1,174,354 1,132,764 1,052,617
Deferred income taxes, net 52,897 56,585 58,848
Goodwill 85,269 85,354 85,421
Other long-term assets, net 104,257 106,250 99,146
Total assets 4,319,174 4,625,620 4,245,037
Current liabilities      
Accounts payable 680,097 612,512 601,879
Accrued expenses 244,559 319,924 224,089
Gift card and other deferred revenue 498,354 447,770 403,409
Income taxes payable 87,159 79,554 61,335
Operating lease liabilities 206,931 217,409 213,784
Other current liabilities 93,945 94,517 74,331
Total current liabilities 1,811,045 1,771,686 1,578,827
Deferred lease incentives 14,725 16,360 18,359
Long-term operating lease liabilities 1,115,501 1,066,839 994,165
Other long-term liabilities 99,624 106,528 126,967
Total liabilities 3,040,895 2,961,413 2,718,318
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; 67,057, 71,982 and 74,426 shares issued and outstanding at July 31, 2022, January 30, 2022 and August 1, 2021, respectively 671 720 745
Additional paid-in capital 541,895 600,942 569,734
Retained earnings 750,083 1,074,084 964,000
Accumulated other comprehensive loss (13,631) (10,828) (7,049)
Treasury stock, at cost: 1, 4 and 4 shares as of July 31, 2022, January 30, 2022 and August 1, 2021, respectively (739) (711) (711)
Total stockholders’ equity 1,278,279 1,664,207 1,526,719
Total liabilities and stockholders’ equity $ 4,319,174 $ 4,625,620 $ 4,245,037