XML 23 R7.htm IDEA: XBRL DOCUMENT v3.22.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jan. 29, 2022
Jan. 30, 2021
Feb. 01, 2020
Operating activities:      
Net income $ 177,778 $ 629,191 $ 242,464
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization expense 143,713 138,848 135,686
Non-cash lease expense 265,401 246,442 229,143
Deferred income taxes 19,007 (52,415) 52,374
Non-cash share-based compensation expense 39,601 26,155 13,051
Non-cash impairment charge 6,096 1,792 3,986
Loss (gain) on disposition of property and equipment 342 (462,916) (177,996)
Unrealized (gain) loss on fuel derivatives (1,593) (294) 346
Loss on extinguishment of debt 535 0 0
Change in assets and liabilities:      
Inventories (297,503) (19,028) 48,295
Accounts payable 189,063 20,193 (18,662)
Operating lease liabilities (233,057) (250,131) (215,956)
Current income taxes (76,429) 56,564 (4,442)
Other current assets 32,154 (10,238) (5,836)
Other current liabilities (56,220) 55,775 36,962
Other assets (785) (90) (5,499)
Other liabilities (14,341) 19,501 5,054
Net cash provided by operating activities 193,762 399,349 338,970
Investing activities:      
Capital expenditures (160,804) (135,220) (265,203)
Cash proceeds from sale of property and equipment 1,155 588,258 190,741
Other (37) (51) (18)
Net cash (used in) provided by investing activities (159,686) 452,987 (74,480)
Financing activities:      
Net repayments of long-term debt (46,764) (243,227) (80,609)
Net financing proceeds from sale and leaseback 0 123,435 0
Payment of finance lease obligations (3,654) (3,648) (73,469)
Dividends paid (41,653) (46,964) (48,421)
Proceeds from the exercise of stock options 0 493 200
Payment for treasury shares acquired (446,374) (175,642) (55,347)
Payment of debt issuance costs (1,167) 0 (150)
Payment to extinguish debt (438) 0 0
Other 140 52 (7)
Net cash used in financing activities (539,910) (345,501) (257,803)
(Decrease) increase in cash and cash equivalents (505,834) 506,835 6,687
Cash and cash equivalents:      
Beginning of period 559,556 52,721 46,034
End of period $ 53,722 $ 559,556 $ 52,721