Annual report pursuant to Section 13 and 15(d)

Prepaid expenses and other assets

v3.23.1
Prepaid expenses and other assets
12 Months Ended
Jan. 28, 2023
Prepaid expenses and other assets  
Prepaid expenses and other assets

5.   Prepaid expenses and other assets

Prepaid expenses and other current assets consist of the following:

January 28,

January 29,

(In thousands)

    

2023

    

2022

Prepaid supplies

$

40,454

$

40,996

Cloud computing costs (1)

 

34,900

 

23,379

Prepaid advertising

 

9,466

 

7,612

Other

 

45,426

 

38,827

Prepaid expenses and other current assets

$

130,246

$

110,814

Other long-term assets consist of the following:

January 28,

January 29,

(In thousands)

    

2023

    

2022

Cloud computing costs (1)

$

28,540

$

22,596

Other

 

14,467

 

13,051

Other long-term assets

$

43,007

$

35,647

(1) Expense related to cloud computing arrangements was $87,593, $62,215, and $49,615 in fiscal 2022, fiscal 2021, and fiscal 2020, respectively, and was included in SG&A expenses in the consolidated statements of income.