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Consolidated Balance Sheets - USD ($)
$ in Thousands
Feb. 02, 2025
Jan. 28, 2024
Current assets    
Cash and cash equivalents $ 1,212,977 $ 1,262,007
Accounts receivable, net 117,678 122,914
Merchandise inventories, net 1,332,429 1,246,369
Prepaid expenses 66,914 59,466
Other current assets 24,611 29,041
Total current assets 2,754,609 2,719,797
Property and equipment, net 1,033,934 1,013,189
Operating lease right-of-use assets 1,177,805 1,229,650
Deferred income taxes, net 120,657 110,656
Goodwill 77,260 77,306
Other long-term assets, net 137,342 122,950
Total assets 5,301,607 5,273,548
Current liabilities    
Accounts payable 645,667 607,877
Accrued expenses 286,033 264,306
Gift card and other deferred revenue 584,791 573,904
Income taxes payable 67,696 96,554
Operating lease liabilities 234,180 234,517
Other current liabilities 93,607 103,157
Total current liabilities 1,911,974 1,880,315
Long-term operating lease liabilities 1,113,135 1,156,104
Other long-term liabilities 134,079 109,268
Total liabilities 3,159,188 3,145,687
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; 123,125 and 128,301 shares issued and outstanding at February 2, 2025 and January 28, 2024, respectively 1,232 1,284
Additional paid-in capital 571,585 587,960
Retained earnings 1,591,630 1,555,595
Accumulated other comprehensive loss (21,593) (15,552)
Treasury stock, at cost: 4 and 6 shares as of February 2, 2025 and January 28, 2024, respectively (435) (1,426)
Total stockholders’ equity 2,142,419 2,127,861
Total liabilities and stockholders’ equity $ 5,301,607 $ 5,273,548