v3.26.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
May 02, 2026
May 03, 2025
Operating activities:    
Net income $ 123,056 $ 41,148
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 51,123 46,564
Share-based compensation expense 5,132 9,859
Deferred income tax expense (benefit) 752 (5,117)
Other non-cash expenses 1,588 94
Changes in operating assets and liabilities:    
Inventories 33,309 (42,553)
Prepaid expenses and other assets (2,650) 13,931
Accounts payable (20,238) 14,733
Income taxes payable 38,590 20,367
Accrued salaries and wages (20,801) 11,436
Operating leases 7,014 3,176
Other accrued expenses 10,349 19,024
Net cash provided by operating activities 227,224 132,662
Investing activities:    
Purchases of investment securities and other investments (271,833) (82,393)
Sales, maturities, and redemptions of investment securities 5,971 82,938
Capital expenditures (37,189) (36,209)
Net cash used in investing activities (303,051) (35,664)
Financing activities:    
Proceeds from exercise of options to purchase common stock and vesting of restricted and performance-based restricted stock units 1 0
Common shares withheld for taxes (8,981) (1,254)
Net cash used in financing activities (8,980) (1,254)
Net (decrease) increase in cash and cash equivalents (84,807) 95,744
Cash and cash equivalents at beginning of period 723,699 331,718
Cash and cash equivalents at end of period 638,892 427,462
Supplemental disclosures of cash flow information:    
Increase in accrued purchases of property and equipment $ 23,605 $ 9,481