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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jul. 29, 2023
Jul. 30, 2022
Cash Flows from Operating Activities:    
Net income $ 99,230 $ 76,893
Adjustments to reconcile net income to net cash provided by operating activities:    
Inventory write-offs 0 434
Depreciation and amortization 19,124 22,886
Non-cash lease expense 90,641 90,293
Loss on disposal and impairment of property and equipment, net 55 2,126
Deferred tax benefit (15,427) (432)
Share-based compensation expense 6,306 7,157
Changes in assets and liabilities:    
Inventories (23,311) (15,806)
Prepaid expenses and other assets (9,835) (1,136)
Income tax receivable 2,140 1,044
Accounts payable (3,351) (6,635)
Accrued and other liabilities (24,667) 2,683
Lease liability (98,276) (103,508)
Net cash provided by operating activities 42,629 75,999
Cash Flows from Investing Activities:    
Purchases of marketable securities (4,308) (16,324)
Proceeds from sale of marketable securities 7,274 1,029
Purchases of property and equipment (19,008) (10,191)
Net cash used in investing activities (16,042) (25,486)
Cash Flows from Financing Activities:    
Payments on borrowings (25,000) 0
Payments of debt issuance costs 0 (706)
Proceeds from issuance of common stock 218 156
Repurchase of treasury stock under repurchase program (19,805) 0
Payments of tax withholdings related to share-based awards (6,362) (7,835)
Net cash used in financing activities (50,949) (8,385)
Net (decrease) increase in cash and cash equivalents (24,362) 42,128
Cash and Cash Equivalents, Beginning of period 153,377 115,105
Cash and Cash Equivalents, End of period 129,015 157,233
Supplemental Disclosures of Cash Flow Information:    
Cash paid for interest 1,720 2,415
Cash paid for income taxes, net $ 13,117 $ 16,559