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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jan. 29, 2023
Jan. 30, 2022
Current assets    
Cash and cash equivalents $ 367,344 $ 850,338
Accounts receivable, net 115,685 131,683
Merchandise inventories, net 1,456,123 1,246,372
Prepaid expenses 64,961 69,252
Other current assets 31,967 26,249
Total current assets 2,036,080 2,323,894
Property and equipment, net 1,065,381 920,773
Operating lease right-of-use assets 1,286,452 1,132,764
Deferred income taxes, net 81,389 56,585
Goodwill 77,307 85,354
Other long-term assets, net 116,407 106,250
Total assets 4,663,016 4,625,620
Current liabilities    
Accounts payable 508,321 612,512
Accrued expenses 247,594 319,924
Gift card and other deferred revenue 479,229 447,770
Income taxes payable 61,204 79,554
Operating lease liabilities 231,965 217,409
Other current liabilities 108,138 94,517
Total current liabilities 1,636,451 1,771,686
Deferred lease incentives 10,027 16,360
Long-term operating lease liabilities 1,211,693 1,066,839
Other long-term liabilities 103,794 106,528
Total liabilities 2,961,965 2,961,413
Commitments and contingencies – See Note I
Stockholders’ equity    
Preferred stock: $0.01 par value; 7,500 shares authorized; none issued 0 0
Common stock: $0.01 par value; 253,125 shares authorized; 66,226 and 71,982 shares issued and outstanding at January 29, 2023 and January 30, 2022, respectively 663 720
Additional paid-in capital 573,117 600,942
Retained earnings 1,141,819 1,074,084
Accumulated other comprehensive loss (13,809) (10,828)
Treasury stock, at cost: 1 and 4 shares as of January 29, 2023 and January 30, 2022, respectively (739) (711)
Total stockholders’ equity 1,701,051 1,664,207
Total liabilities and stockholders’ equity $ 4,663,016 $ 4,625,620