v3.26.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Jan. 31, 2026
Feb. 01, 2025
Feb. 03, 2024
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income $ 124,787 $ 72,412 $ 127,561
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 148,500 130,191 118,989
Non-cash operating lease cost 105,447 96,406 86,699
Stock-based compensation expense 43,882 44,185 39,384
Asset impairments 4,635 37,570 8,339
Non-cash finance lease interest expense 40,093 31,896 33,822
Deferred income taxes 25,632 (1,494) 25,266
Share of equity method investments net (income) loss (5,008) 11,380 10,875
Distribution of return on equity method investment 4,630    
Other non-cash items 8,827 9,097 7,362
Change in assets and liabilities:      
Accounts receivable 250 (8,484) 4,690
Merchandise inventories 213,776 (268,573) 47,274
Prepaid expense and other assets (53,860) (19,392) (65,658)
Landlord assets under construction-net of tenant allowances (89,028) (51,538) (25,368)
Accounts payable and accrued expenses (13,553) 46,778 (41,070)
Deferred revenue and customer deposits 41,411 9,352 (42,974)
Other current liabilities (4,953) (1,798) (5,937)
Current and non-current operating lease liabilities (105,039) (90,334) (95,634)
Other non-current obligations (38,188) (30,559) (31,406)
Net cash provided by operating activities 452,241 17,095 202,214
CASH FLOWS FROM INVESTING ACTIVITIES      
Capital expenditures (199,843) (230,788) (269,356)
Acquisition of business (32,119)    
Equity method investments (374) (9,621) (38,075)
Acquisition of intangible asset (3,102)    
Receipt of promissory note repayment from equity method investee 1,750    
Distribution of return of equity method investment 7,916    
Proceeds from insurance recoveries 2,079    
Net cash used in investing activities (223,693) (240,409) (307,431)
CASH FLOWS FROM FINANCING ACTIVITIES      
Borrowings under asset based credit facility 325,000 235,000  
Repayments under asset based credit facility (505,000) (35,000)  
Repayments under term loans (25,000) (25,000) (25,000)
Repayments of convertible senior notes   (41,904) (1,696)
Debt issuance costs (3,339)    
Principal payments under finance lease agreements-net of tenant allowances (13,036) (20,752) (13,972)
Repurchases of common stock-inclusive of excise taxes paid   (11,988) (1,252,899)
Proceeds from exercise of stock options 4,389 30,904 12,122
Other financing activities (2,411) (674) (1,586)
Net cash provided by (used in) financing activities (219,397) 130,586 (1,283,031)
Effects of foreign currency exchange rate translation on cash 1,627 (547) 173
Net increase (decrease) in cash and cash equivalents 10,778 (93,275) (1,388,075)
Cash and cash equivalents      
Beginning of period-restricted cash     3,662
Beginning of period 30,413 123,688 1,511,763
End of period   30,413 123,688
Cash paid for interest 217,113 219,686 246,210
Cash paid for taxes   21,000 14,000
Cash paid for income taxes (Note 13) 12,795 21,080 14,278
Non-cash transactions      
Property and equipment additions in accounts payable and accrued expenses at period-end 19,092 47,748 40,775
Landlord asset additions in accounts payable and accrued expenses at period-end $ 21,213 $ 10,030 3,841
Excise tax from share repurchases in accounts payable and accrued expenses at period-end     $ 11,988