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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Oct. 30, 2021
Oct. 31, 2020
Operating activities:    
Net income $ 127,940 $ 531,205
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization expense 106,058 105,136
Non-cash lease amortization expense 196,826 175,174
Deferred income taxes 1,015 (49,973)
Non-cash impairment charge 1,015 920
Loss (gain) on disposition of property and equipment 1,104 (463,191)
Non-cash share-based compensation expense 31,645 18,344
Unrealized (gain) loss on fuel derivatives (1,582) 1,635
Loss on extinguishment of debt 535 0
Change in assets and liabilities    
Inventories (336,931) (167,801)
Accounts payable 206,903 191,193
Operating lease liabilities (170,950) (193,818)
Current income taxes (72,497) 62,204
Other current assets (2,867) (7,738)
Other current liabilities (14,812) 36,823
Other assets 1,545 2,420
Other liabilities 759 24,877
Net cash provided by operating activities 75,706 267,410
Investing activities:    
Capital expenditures (122,696) (103,000)
Cash proceeds from sale of property and equipment 185 588,231
Other (34) (22)
Net cash (used in) provided by investing activities (122,545) 485,209
Financing activities:    
Net repayments of long-term debt (50,264) (239,677)
Net financing proceeds from sale and leaseback 0 123,435
Payment of finance lease obligations (2,268) (2,962)
Dividends paid (32,554) (35,825)
Proceeds from the exercise of stock options 0 108
Payment for treasury shares acquired (355,508) (102,641)
Payments for debt issuance cost (1,147) 0
Payments to extinguish debt (438) 0
Other 58 53
Net cash used in financing activities (442,121) (257,509)
(Decrease) increase in cash and cash equivalents (488,960) 495,110
Cash and cash equivalents:    
Beginning of period 559,556 52,721
End of period $ 70,596 $ 547,831