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 $ 46,470 $ 59,747
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 79,678 69,865
Non-cash operating lease cost 55,627 51,106
Stock-based compensation expense 24,412 24,007
Asset impairments 523 3,948
Non-cash finance lease interest expense 24,152 18,193
Product recall   1,913
Share of equity method investments net income (17,538) (6,853)
Non-cash loss on variable interest entities restructuring 10,699  
Distribution of return on equity method investment 8,050 4,630
Other non-cash items 4,694 2,098
Change in assets and liabilities:    
Accounts receivable (15,727) 2,407
Merchandise inventories 43,787 73,595
Prepaid expense and other assets (10,973) (13,118)
Landlord assets under construction-net of tenant allowances (78,365) (46,486)
Accounts payable and accrued expenses 39,376 (22,239)
Deferred revenue and customer deposits 64,052 54,800
Other current liabilities (3,354) 13,451
Current and non-current operating lease liabilities (54,577) (50,447)
Other non-current liabilities (23,268) (16,298)
Net cash provided by operating activities 197,718 224,319
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (84,859) (109,565)
Acquisition of business   (32,119)
Equity method investments   (374)
Acquisition of intangible asset   (3,031)
Receipt of promissory note repayment from equity method investee   1,750
Distribution of return of equity method investment 41,950 7,916
Proceeds from insurance recoveries   1,275
Net cash used in investing activities (42,909) (134,148)
CASH FLOWS FROM FINANCING ACTIVITIES    
Borrowings under asset based credit facility 165,000 260,000
Repayments under asset based credit facility (185,000) (325,000)
Repayments under term loans (12,500) (12,500)
Repayments under real estate loans (31,540) (169)
Debt issuance costs   (2,766)
Principal payments under finance lease agreements-net of tenant allowances (10,099) (8,031)
Proceeds from exercise of stock options 4,010 1,258
Tax withholdings related to issuance of stock-based awards (18) (31)
Net cash used in financing activities (70,147) (87,239)
Effects of foreign currency exchange rate translation on cash (361) 1,215
Net increase in cash and cash equivalents 84,301 4,147
Cash and cash equivalents    
Beginning of period 41,191 30,413
End of period 125,492 34,560
Non-cash transactions    
Property and equipment additions in accounts payable and accrued expenses at period-end 23,187 32,089
Landlord asset additions in accounts payable and accrued expenses at period-end 15,218 $ 11,439
Property and equipment additions acquired in VIE restructuring (Note 6) 60,500  
Real estate loan acquired in VIE restructuring (Note 6) $ (31,372)