v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
May 02, 2026
May 03, 2025
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 142,726 $ 149,768
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 76,452 69,665
Amortization of debt issuance costs and accretion of original issue discount 273 273
Stock-based compensation expense 13,280 10,654
Deferred income tax provision (benefit) 3,173 (4,913)
Changes in operating leases and other non-cash items (30,631) (24,397)
Increase (decrease) in cash due to changes in:    
Accounts receivable, net (51,300) 39,735
Merchandise inventories (112,792) (58,044)
Prepaid expenses and other current assets (61,537) (15,283)
Other assets (5) (1,476)
Accounts payable 131,526 2,355
Accrued expenses and other current liabilities 24,446 24,783
Other non-current liabilities 4,347 14,973
Net cash provided by operating activities 139,958 208,093
CASH FLOWS FROM INVESTING ACTIVITIES    
Additions to property and equipment, net of disposals (182,004) (140,497)
Other investing activities (2,630) (1,794)
Net cash used in investing activities (184,634) (142,291)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from revolving lines of credit 320,000 66,000
Payments on revolving lines of credit (65,000) (91,000)
Net cash received from stock option exercises 125 5,014
Acquisition of treasury stock (225,717) (41,305)
Net (payments on) proceeds from financing obligations (73) 8,721
Other financing activities (3,078) (2,020)
Net cash provided by (used in) financing activities 26,257 (54,590)
Net (decrease) increase in cash and cash equivalents (18,419) 11,212
Cash and cash equivalents at beginning of period 46,245 28,272
Cash and cash equivalents at end of period 27,826 39,484
Supplemental cash flow information:    
Interest paid 4,207 8,966
Income taxes paid 103,250 12,738
Operating lease liabilities arising from obtaining right-of-use assets and other non-cash lease-related operating items 80,020 14,583
Non-cash financing and investing activities:    
Finance lease liabilities arising from obtaining right-of-use assets 67,969 525
Receivables arising from failed sale-leaseback financing obligations 15,847 0
Property additions included in accrued expenses 50,164 40,404
Treasury stock acquisitions included in accrued expenses $ 3,886 $ 1,561