Organization and summary of significant accounting policies (Tables)

12 Months Ended

Jan. 31, 2026

The following table summarizes the details of the Company’s cash and cash equivalents for the periods presented:


(in millions)	January 31, 2026		February 1, 2025
Cash and cash equivalents held in money markets and other accounts	$	820.0	$	546.2
Cash equivalents from third-party credit card issuers	54.8		57.8

Total cash and cash equivalents	$	874.8	$	604.0

The Company’s supplemental cash flow information for Fiscal 2026, Fiscal 2025 and Fiscal 2024 was as follows:


(in millions)	Fiscal 2026		Fiscal 2025		Fiscal 2024
Non-cash investing activities:
Capital expenditures in accounts payable	$	18.0	$	27.9	$	13.4
Supplemental cash flow information:
Interest paid	7.6		13.8		15.9
Income tax paid, net (1)	77.8		115.5		13.0

(1) Fiscal 2024 includes $42.6 million refunded under the CARES Act. See Note 10 for additional information.

The following table provides the components of cash paid for income taxes, net of refunds for Fiscal 2026:


(in millions)	Fiscal 2026
Bermuda	$	5.3
Foreign:
US	35.4
Ireland	14.9
Botswana	5.3
Other foreign jurisdictions	16.9
Total cash paid for income taxes, net	$	77.8

Depreciation and amortization are recognized on the straight-line method over the estimated useful lives of the related assets as follows:



Buildings						Ranging from 30 – 40 years
Leasehold improvements						Remaining term of lease, not to exceed 10 years
Furniture and fixtures						Ranging from 3 – 10 years
Equipment and software						Ranging from 3 – 7 years

The following table provides the components of the Company’s property, plant and equipment, net as of January 31, 2026 and February 1, 2025:


(in millions)	January 31, 2026		February 1, 2025
Land and buildings	$	17.2	$	16.7
Leasehold improvements	733.6		703.8
Furniture and fixtures	776.8		746.9
Equipment	197.0		185.3
Software	279.3		261.5
Construction in progress	56.7		53.8
Total	$	2,060.6	$	1,968.0
Accumulated depreciation and amortization	(1,561.8)		(1,461.5)
Property, plant and equipment, net	$	498.8	$	506.5