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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jul. 31, 2021
Aug. 01, 2020
Operating activities:    
Net income $ 132,270 $ 501,295
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization expense 69,669 71,924
Non-cash lease amortization expense 129,958 118,170
Deferred income taxes (8,463) (55,806)
Non-cash impairment charge 954 658
Loss (gain) on disposition of property and equipment 800 (462,744)
Non-cash share-based compensation expense 22,944 7,438
Unrealized (gain) loss on fuel derivatives (1,365) 1,438
Loss on extinguishment of debt 535 0
Change in assets and liabilities    
Inventories (3,482) 207,762
Accounts payable (7,836) 1,168
Operating lease liabilities (114,965) (148,722)
Current income taxes (59,900) 191,488
Other current assets (6,561) (9,768)
Other current liabilities (15,608) 28,938
Other assets 809 2,512
Other liabilities 2,399 12,633
Net cash provided by operating activities 142,158 468,384
Investing activities:    
Capital expenditures (77,075) (69,402)
Cash proceeds from sale of property and equipment 13 587,010
Other (24) (22)
Net cash (used in) provided by investing activities (77,086) 517,586
Financing activities:    
Net repayments of long-term debt (50,264) (236,155)
Net financing proceeds from sale and leaseback 0 124,074
Finance Lease, Principal Payments (2,247) (1,968)
Dividends paid (22,664) (24,285)
Proceeds from the exercise of stock options 0 98
Payment for treasury shares acquired (255,752) (1,951)
Payments to extinguish debt (438) 0
Other 59 56
Net cash used in financing activities (331,306) (140,131)
(Decrease) increase in cash and cash equivalents (266,234) 845,839
Cash and cash equivalents:    
Beginning of period 559,556 52,721
End of period $ 293,322 $ 898,560