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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jan. 29, 2023
Jan. 30, 2022
Jan. 31, 2021
Cash flows from operating activities:      
Net earnings $ 1,127,904 $ 1,126,337 $ 680,714
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:      
Depreciation and amortization 214,153 196,087 188,655
Loss on disposal/impairment of assets 25,116 1,015 32,365
Amortization of deferred lease incentives (3,019) (4,282) (5,783)
Non-cash lease expense 231,350 216,888 216,368
Deferred income taxes (23,823) 2,535 (13,061)
Stock-based compensation expense 90,268 95,240 73,185
Other 680 288 (264)
Changes in:      
Accounts receivable 15,687 11,896 (31,503)
Merchandise inventories (208,908) (239,981) 99,144
Prepaid expenses and other assets (11,823) (2,060) (16,388)
Accounts payable (113,521) 56,674 25,489
Accrued expenses and other liabilities (61,995) 49,460 129,142
Gift card and other deferred revenue 31,839 75,460 82,841
Operating lease liabilities (242,855) (224,567) (232,989)
Income taxes payable (18,231) 10,157 46,933
Net cash provided by operating activities 1,052,822 1,371,147 1,274,848
Cash flows from investing activities:      
Purchases of property and equipment (354,117) (226,517) (169,513)
Other 162 270 629
Net cash used in investing activities (353,955) (226,247) (168,884)
Cash flows from financing activities:      
Repurchases of common stock (880,038) (899,433) (150,000)
Payment of dividends (217,345) (187,539) (157,645)
Tax withholdings related to stock-based awards (81,290) (104,235) (31,729)
Repayment of long-term debt 0 (300,000) 0
Debt issuance costs 0 (778) (3,645)
Borrowings under revolving line of credit 0 0 487,823
Repayments under the revolving line of credit 0 0 (487,823)
Net cash used in financing activities (1,178,673) (1,491,985) (343,019)
Effect of exchange rates on cash and cash equivalents (3,188) (2,914) 5,230
Net (decrease) increase in cash and cash equivalents (482,994) (349,999) 768,175
Cash and cash equivalents at beginning of year 850,338 1,200,337 432,162
Cash and cash equivalents at end of year 367,344 850,338 1,200,337
Supplemental disclosure of cash flow information:      
Cash paid during the year for interest 788 3,090 18,346
Cash paid during the year for income taxes, net of refunds 400,776 306,158 162,842
Non-cash investing activities:      
Purchases of property and equipment not yet paid for at end of year $ 6,633 $ 267 $ 753