v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Aug. 01, 2026
Aug. 02, 2025
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 316,593 $ 300,473
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 155,335 141,598
Amortization of debt issuance costs and accretion of original issue discount 546 546
Stock-based compensation expense 28,740 24,599
Deferred income tax provision 8,197 9,577
Changes in operating leases and other non-cash items (41,065) (22,178)
Increase (decrease) in cash due to changes in:    
Accounts receivable, net (40,219) 12,243
Merchandise inventories (61,563) (11,696)
Prepaid expenses and other current assets (30,292) (18,589)
Other assets 2,895 (1,158)
Accounts payable 120,500 10,696
Accrued expenses and other current liabilities 80,018 (9,107)
Other non-current liabilities 1,754 20,953
Net cash provided by operating activities 541,439 457,957
CASH FLOWS FROM INVESTING ACTIVITIES    
Additions to property and equipment, net of disposals (359,339) (306,065)
Proceeds from sale-leaseback transactions 0 2,995
Proceeds from assignment of purchase option (see Note 12) 122,100 0
Payment upon exercise of purchase option (see Note 12) (80,718) 0
Other investing activities (3,782) (3,086)
Net cash used in investing activities (321,739) (306,156)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from revolving lines of credit 496,000 131,000
Payments on revolving lines of credit (386,000) (201,000)
Net cash received from stock option exercises 1,366 5,014
Net cash received from ESPP 4,874 4,449
Acquisition of treasury stock (348,761) (82,895)
Net proceeds from financing obligations 2,894 14,804
Other financing activities (6,336) (4,172)
Net cash used in financing activities (235,963) (132,800)
Net (decrease) increase in cash and cash equivalents (16,263) 19,001
Cash and cash equivalents at beginning of period 46,245 28,272
Cash and cash equivalents at end of period 29,982 47,273
Supplemental cash flow information:    
Interest paid 13,272 16,921
Income taxes paid 131,969 104,626
Operating lease liabilities arising from obtaining right-of-use assets and other non-cash lease-related operating items 189,012 52,886
Non-cash financing and investing activities:    
Finance lease liabilities arising from obtaining right-of-use assets 81,444 4,431
Receivables arising from failed sale-leaseback financing obligations 15,847 5,822
Property additions included in accrued expenses 61,462 42,098
Treasury stock acquisitions included in accrued expenses $ 3,039 $ 53