v3.25.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Aug. 02, 2025
Aug. 03, 2024
Operating activities:    
Net income $ 236,652 $ 254,521
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of property and other deferred costs 89,889 93,387
Gain on disposal of assets (4,900) (280)
Accrued interest on short-term investments (5,610) (7,062)
Changes in operating assets and liabilities:    
(Increase) decrease in accounts receivable 3,488 (3,921)
Increase in merchandise inventories (47,718) (97,433)
Decrease (increase) in other current assets 7,434 3,860
Decrease (increase) in other assets 1,114 (1,466)
Increase in trade accounts payable and accrued expenses and other liabilities (24,522) (3,201)
Increase in income taxes payable 63,566 (62,448)
Net cash provided by operating activities 319,393 175,957
Investing activities:    
Purchase of property and equipment and capitalized software (43,527) (61,086)
Proceeds from disposal of assets 6,029 336
Proceeds from insurance 1,521  
Purchase of short-term investments (273,497) (319,505)
Proceeds from maturities of short-term investments 404,970 350,852
Investment in joint venture (1,750)  
Net cash provided by (used in) investing activities 93,746 (29,403)
Financing activities:    
Cash dividends paid (7,900) (8,113)
Purchase of treasury stock (107,756)  
Issuance cost of line of credit (3,326)  
Net cash used in financing activities (118,982) (8,113)
Increase in cash and cash equivalents 294,157 138,441
Cash and cash equivalents, beginning of period 717,854 808,287
Cash and cash equivalents, end of period 1,012,011 946,728
Non-cash transactions of investing and financing activities:    
Accrued capital expenditures 5,083 8,442
Stock awards 1,331 1,561
Accrued purchases of treasury stock and excise taxes 1,064  
Lease assets obtained in exchange for new operating lease liabilities $ 1,784 $ 2,152