v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
May 02, 2026
May 03, 2025
Operating activities:    
Net income $ 250,553 $ 163,817
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of property and other deferred costs 43,680 44,853
Gain on disposal of assets (152) (59)
Accrued interest on short-term investments (2,197) (3,237)
Changes in operating assets and liabilities:    
Increase in accounts receivable (7,327) (1,235)
Increase in merchandise inventories (305,439) (297,236)
(Increase) decrease in other current assets (4,086) 10,620
(Increase) decrease in other assets (589) 1,101
Increase in trade accounts payable and accrued expenses and other liabilities 313,588 263,608
Increase in income taxes 75,947 50,400
Net cash provided by operating activities 363,978 232,632
Investing activities:    
Purchase of property and equipment and capitalized software (17,208) (16,853)
Proceeds from disposal of assets 165 186
Proceeds from insurance   1,521
Purchase of short-term investments (258,543) (212,389)
Proceeds from maturities of short-term investments 212,494 282,813
Net cash (used in) provided by investing activities (63,092) 55,278
Financing activities:    
Cash dividends paid (4,684) (3,976)
Purchase of treasury stock   (98,001)
Issuance cost of line of credit   (3,283)
Net cash used in financing activities (4,684) (105,260)
Increase in cash and cash equivalents 296,202 182,650
Cash and cash equivalents, beginning of period 861,460 717,854
Cash and cash equivalents, end of period 1,157,662 900,504
Non-cash transactions of investing and financing activities:    
Accrued capital expenditures 6,239 7,558
Stock awards   4
Accrued purchases of treasury stock and excise taxes   979
Lease assets obtained in exchange for new operating lease liabilities $ 283 $ 1,784