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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Feb. 01, 2020
Feb. 02, 2019
Feb. 03, 2018
Operating activities:      
Net income $ 242,464 $ 156,894 $ 189,832
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization expense 135,686 114,025 106,004
Non-cash lease expense 229,143 0 0
Deferred income taxes 52,374 5,353 32,578
Non-cash share-based compensation expense 13,051 26,335 27,825
Non-cash impairment charge 3,986 141 0
(Gain) loss on disposition of property and equipment (177,996) 732 483
Unrealized loss (gain) on fuel derivatives 346 1,075 (1,398)
Change in assets and liabilities:      
Inventories 48,295 (96,772) (14,100)
Accounts payable (18,662) 45,677 (49,269)
Operating lease liabilities (215,956) 0 0
Current income taxes (4,442) (14,108) (26,368)
Other current assets (5,836) (7,055) (12,144)
Other current liabilities 36,962 (11,637) (15,342)
Other assets (5,499) 1,985 (9,335)
Other liabilities 5,054 11,415 21,602
Net cash provided by operating activities 338,970 234,060 250,368
Investing activities:      
Capital expenditures (265,203) (232,402) (142,745)
Cash proceeds from sale of property and equipment 190,741 519 1,854
Assets acquired under synthetic lease 0 (128,872) (15,606)
Payments for purchase of intangible assets 0 (15,750) 0
Other (18) 32 (11)
Net cash used in investing activities (74,480) (376,473) (156,508)
Financing activities:      
Net (repayments of) proceeds from long-term debt (80,609) 174,300 93,400
Payment of finance lease obligations (73,469) (3,908) (4,134)
Dividends paid (48,421) (50,608) (44,671)
Proceeds from the exercise of stock options 200 1,859 11,712
Payment for treasury shares acquired (55,347) (111,750) (165,757)
Proceeds from synthetic lease 0 128,872 15,606
Payment of debt issuance costs (150) (1,495) 0
Other (7) 1 (4)
Net cash (used in) provided by financing activities (257,803) 137,271 (93,848)
Increase (decrease) in cash and cash equivalents 6,687 (5,142) 12
Cash and cash equivalents:      
Beginning of period 46,034 51,176 51,164
End of period $ 52,721 $ 46,034 $ 51,176