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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
May 04, 2025
Feb. 02, 2025
Apr. 28, 2024
Current assets      
Cash and cash equivalents $ 1,047,181 $ 1,212,977 $ 1,254,786
Accounts receivable, net 122,773 117,678 115,215
Merchandise inventories, net 1,335,356 1,332,429 1,211,091
Prepaid expenses 69,442 66,914 62,752
Other current assets 22,570 24,611 22,787
Total current assets 2,597,322 2,754,609 2,666,631
Property and equipment, net 1,031,990 1,033,934 990,166
Operating lease right-of-use assets 1,198,440 1,177,805 1,187,777
Deferred income taxes, net 112,366 120,657 102,203
Goodwill 77,347 77,260 77,292
Other long-term assets, net 139,850 137,342 128,563
Total assets 5,157,315 5,301,607 5,152,632
Current liabilities      
Accounts payable 553,655 645,667 502,136
Accrued expenses 146,692 286,033 153,462
Gift card and other deferred revenue 589,432 584,791 596,340
Income taxes payable 112,390 67,696 147,360
Operating lease liabilities 229,070 234,180 229,555
Other current liabilities 90,604 93,607 90,007
Total current liabilities 1,721,843 1,911,974 1,718,860
Long-term operating lease liabilities 1,139,745 1,113,135 1,112,329
Other long-term liabilities 134,451 134,079 117,135
Total liabilities 2,996,039 3,159,188 2,948,324
Commitments and contingencies – See Note F
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; 122,994, 123,125 and 128,675 shares issued and outstanding at May 4, 2025, February 2, 2025 and April 28, 2024, respectively 1,231 1,232 1,288
Additional paid-in capital 524,405 571,585 521,189
Retained earnings 1,654,078 1,591,630 1,699,159
Accumulated other comprehensive loss (16,423) (21,593) (16,893)
Treasury stock, at cost: 14, 4 and 4 shares as of May 4, 2025, February 2, 2025 and April 28, 2024, respectively (2,015) (435) (435)
Total stockholders’ equity 2,161,276 2,142,419 2,204,308
Total liabilities and stockholders’ equity $ 5,157,315 $ 5,301,607 $ 5,152,632