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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Apr. 30, 2023
Jan. 29, 2023
May 01, 2022
Current assets      
Cash and cash equivalents $ 297,291 $ 367,344 $ 324,835
Accounts receivable, net 109,203 115,685 122,946
Merchandise inventories, net 1,401,616 1,456,123 1,396,135
Prepaid expenses 62,723 64,961 60,997
Other current assets 27,993 31,967 23,939
Total current assets 1,898,826 2,036,080 1,928,852
Property and equipment, net 1,050,026 1,065,381 942,460
Operating lease right-of-use assets 1,258,599 1,286,452 1,102,056
Deferred income taxes, net 70,758 81,389 48,737
Goodwill 77,330 77,307 85,298
Other long-term assets, net 115,498 116,407 103,310
Total assets 4,471,037 4,663,016 4,210,713
Current liabilities      
Accounts payable 629,561 508,321 642,619
Accrued expenses 205,175 247,594 183,729
Gift card and other deferred revenue 452,505 479,229 490,821
Income taxes payable 87,680 61,204 126,270
Operating lease liabilities 229,751 231,965 211,614
Other current liabilities 97,144 108,138 88,587
Total current liabilities 1,701,816 1,636,451 1,743,640
Long-term operating lease liabilities 1,186,231 1,211,693 1,038,249
Other long-term liabilities 116,165 113,821 119,080
Total liabilities 3,004,212 2,961,965 2,900,969
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; 64,222, 66,226 and 69,219 shares issued and outstanding at April 30, 2023, January 29, 2023 and May 1, 2022, respectively 643 663 693
Additional paid-in capital 531,940 573,117 532,205
Retained earnings 951,926 1,141,819 789,852
Accumulated other comprehensive loss (16,258) (13,809) (12,267)
Treasury stock, at cost: 6, 1 and 1 shares as of April 30, 2023, January 29, 2023 and May 1, 2022, respectively (1,426) (739) (739)
Total stockholders’ equity 1,466,825 1,701,051 1,309,744
Total liabilities and stockholders’ equity $ 4,471,037 $ 4,663,016 $ 4,210,713