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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Jan. 28, 2024
Jan. 29, 2023
Jan. 30, 2022
Cash flows from operating activities      
Net income (loss) $ 39,580 $ 49,899 $ (75,207)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 109,693 83,440 55,319
Share-based compensation expense 239,107 158,122 77,772
Non-cash lease expense 37,818 39,389 32,996
Change in fair value of equity warrants and investments (13,069) 13,340 0
Unrealized foreign currency gains, net (391) 0 0
Other 3,914 1,072 595
Net change in operating assets and liabilities:      
Accounts receivable (27,072) (2,573) (20,858)
Inventories (41,259) (115,261) (41,745)
Prepaid expenses and other current assets (50,099) (10,964) (7,357)
Other non-current assets (29,942) 1,114 (4,960)
Trade accounts payable 71,762 147,465 84,058
Accrued expenses and other current liabilities 152,329 7,932 128,706
Operating lease liabilities (27,179) (21,632) (19,864)
Other long-term liabilities 21,019 (1,566) (17,712)
Net cash provided by operating activities 486,211 349,777 191,743 Close
Cash flows from investing activities      
Capital expenditures (143,282) (230,310) (183,186)
Cash paid for acquisition of business, net of cash acquired (367) (40,033) 0
Purchases of marketable securities (3,221,714) (543,761) 0
Proceeds from maturities of marketable securities 3,078,000 200,000 0
Acquisition of assets 0 0 (10,086)
Other 0 (1,400) 0
Net cash used in investing activities (287,363) (615,504) (193,272) Close
Cash flows from financing activities      
Proceeds from parent reorganization transaction, net of cash paid for income taxes 60,601 0 0
Capital contribution from parent reorganization transaction 21,966 0 0
(Payments for) proceeds from tax sharing agreement with related parties (10,279) (2,828) 43,714
Principal repayments of finance lease obligations (510) (681) (869)
Payment of debt modification costs (175) (750) (1,584)
Payments for tax withholdings related to vesting of share-based compensation awards (5) (2,475) 0
Net cash provided by (used in) financing activities 71,598 (6,734) 41,261 Close
Effect of exchange rate changes on cash and cash equivalents 145 0 0 Close
Net increase (decrease) in cash and cash equivalents 270,591 (272,461) 39,732 Close
Cash and cash equivalents, as of beginning of period 331,641 604,102 564,370
Cash and cash equivalents, as of end of period 602,232 331,641 604,102
Supplemental disclosure of cash flow information      
Cash paid for interest 2,872 2,058 2,053
Cash paid for income taxes $ 1,799,758 $ 0 $ 0