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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Apr. 30, 2022
May 01, 2021
Jan. 29, 2022
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income $ 200,711 $ 130,656  
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 24,758 23,886  
Non-cash operating lease cost 18,391 16,603  
Asset impairments 5,923    
Amortization of debt discount   8,670  
Stock-based compensation expense 12,802 15,307  
Non-cash finance lease interest expense 7,071 6,150  
Product recalls 560 500  
Deferred income taxes 5,493    
Loss on extinguishment of debt 146,116 105  
Gain on derivative instruments-net (3,177)    
Share of equity method investments losses 1,375 2,095  
Other non-cash items 1,269 (1,944)  
Cash paid attributable to accretion of debt discount upon settlement of debt   (319)  
Change in assets and liabilities:      
Accounts receivable (7,715) (722)  
Merchandise inventories (83,115) (49,540)  
Prepaid expense and other assets (160,116) (12,575)  
Landlord assets under construction-net of tenant allowances (12,148) (13,578)  
Accounts payable and accrued expenses (14,778) (32,250)  
Deferred revenue and customer deposits 48,909 82,744  
Other current liabilities (30,057) 41,981  
Current and non-current operating lease liabilities (19,379) (19,379)  
Other non-current obligations (6,944) (7,515)  
Net cash provided by operating activities 135,949 190,875  
CASH FLOWS FROM INVESTING ACTIVITIES      
Capital expenditures (29,364) (50,251)  
Equity method investments (1,115) (1,172)  
Net cash used in investing activities (30,479) (51,423)  
CASH FLOWS FROM FINANCING ACTIVITIES      
Repayments under term loans (5,000)    
Repayments under promissory and equipment security notes (10,910) (5,792)  
Repayments of convertible senior notes (13,048) (2,035)  
Principal payments under finance leases (3,559) (3,671)  
Proceeds from termination of convertible senior note hedges 231,796    
Payments for termination of common stock warrants (390,934)    
Proceeds from exercise of stock options 149,570 1,393  
Tax withholdings related to issuance of stock-based awards (266) (927)  
Net cash used in financing activities (42,351) (11,032)  
Effects of foreign currency exchange rate translation (278) 36  
Net increase in cash and cash equivalents and restricted cash equivalents 62,841 128,456  
Cash and cash equivalents and restricted cash equivalents      
Beginning of period-cash and cash equivalents 2,177,889 100,446 $ 100,446
Beginning of period-restricted cash equivalents (acquisition related escrow deposits) 3,975 6,625 6,625
Beginning of period-cash and cash equivalents 2,181,864 107,071 107,071
End of period-cash and cash equivalents 2,243,255 229,527 2,177,889
End of period-restricted cash equivalents (acquisition related escrow deposits) 1,450 6,000 3,975
End of period-cash and cash equivalents and restricted cash equivalents 2,244,705 235,527 $ 2,181,864
Non-cash transactions:      
Property and equipment additions in accounts payable and accrued expenses at period-end 12,248 14,463  
Landlord asset additions in accounts payable and accrued expenses at period-end 16,823 33,568  
Reclassification of assets from landlord assets under construction to finance lease right-of-use assets 109,677    
Extinguishment of convertible senior notes related to repurchase obligation (Note 9) (180,322)    
Financing liability and embedded derivative arising from convertible senior notes repurchase (Note 9) 325,363    
Shares issued on settlement of convertible senior notes (14,705) (3,280)  
Shares received on exercise of call option under bond hedge upon settlement of convertible senior notes $ 14,705 $ 3,280