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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Apr. 29, 2023
Apr. 30, 2022
Operating activities:    
Net income $ 201,495 $ 251,093
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of property and other deferred costs 46,155 46,606
Gain on disposal of assets (1,793) (7,237)
Accrued interest on short-term investments (1,881)  
Changes in operating assets and liabilities:    
(Increase) decrease in accounts receivable (2,098) 8,857
Increase in merchandise inventories (289,809) (284,797)
Decrease (increase) in other current assets 7,163 (18,468)
Increase in other assets (380) (447)
Increase in trade accounts payable and accrued expenses and other liabilities 261,600 293,551
Increase in income taxes payable 60,496 76,024
Net cash provided by operating activities 280,948 365,182 Close
Investing activities:    
Purchase of property and equipment and capitalized software (32,348) (27,312)
Proceeds from disposal of assets 1,887 8,090
Proceeds from insurance 0 4,438
Purchase of short-term investments (97,543)  
Proceeds from maturities of short-term investments 149,962  
Net cash provided by (used in) investing activities 21,958 (14,784) Close
Financing activities:    
Cash dividends paid (3,425) (3,879)
Purchase of treasury stock (103,078) (201,105)
Net cash used in financing activities (106,503) (204,984) Close
Increase in cash, cash equivalents and restricted cash 196,403 145,414 Close
Cash, cash equivalents and restricted cash, beginning of period 660,331 716,759
Cash, cash equivalents and restricted cash, end of period 856,734 862,173
Non-cash transactions:    
Accrued capital expenditures 8,608 6,667
Accrued purchases of treasury stock 11,872 $ 1,643
Lease assets obtained in exchange for new operating lease liabilities $ 1,807