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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Oct. 28, 2023
Oct. 29, 2022
Cash Flows from Operating Activities:    
Net income $ 104,270 $ 101,512
Adjustments to reconcile net income to net cash provided by operating activities:    
Inventory write-offs 0 826
Depreciation and amortization 31,283 33,350
Non-cash lease expense 135,679 137,184
Loss on disposal and impairment of property and equipment, net 83 1,804
Deferred tax benefit (15,825) (381)
Share-based compensation expense 9,136 10,321
Changes in assets and liabilities:    
Inventories (65,881) 18,436
Prepaid expenses and other assets (10,480) (2,591)
Income tax receivable 2,684 (1,732)
Accounts payable (2,778) (73,120)
Accrued and other liabilities (6,924) 13,583
Lease liability (145,729) (155,561)
Net cash provided by operating activities 35,518 83,631
Cash Flows from Investing Activities:    
Purchases of marketable securities (13,913) (26,376)
Proceeds from sale of marketable securities 13,938 3,083
Purchases of property and equipment (35,460) (21,207)
Proceeds from sale of assets 0 2,772
Net cash used in investing activities (35,435) (41,728)
Cash Flows from Financing Activities:    
Payments on borrowings (25,000) (30,000)
Payments of debt issuance costs 0 (706)
Proceeds from issuance of common stock 329 239
Repurchase of treasury stock under repurchase program (19,805) 0
Payments of tax withholdings related to share-based awards (7,040) (8,815)
Net cash used in financing activities (51,516) (39,282)
Net (decrease) increase in cash and cash equivalents (51,433) 2,621
Cash and Cash Equivalents, Beginning of period 153,377 115,105
Cash and Cash Equivalents, End of period 101,944 117,726
Supplemental Disclosures of Cash Flow Information:    
Cash paid for interest 2,409 3,686
Cash paid for income taxes, net $ (14,230) $ (26,426)