Ulta Beauty, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Prepaid expenses and other assets

Prepaid expenses and other assets

12 Months Ended

Feb. 03, 2024

Prepaid expenses and other assets

Prepaid expenses and other assets

4. Prepaid expenses and other assets

Prepaid expenses and other current assets consist of the following:


	February 3,		January 28,
(In thousands)	2024		2023
Prepaid supplies	$	37,839	$	40,454
Cloud computing costs (1)		24,583		34,900
Prepaid maintenance		14,855		10,789
Prepaid advertising		12,708		9,466
Other		25,613		34,637
Prepaid expenses and other current assets	$	115,598	$	130,246

Other long-term assets consist of the following:


	February 3,		January 28,
(In thousands)	2024		2023
Cloud computing costs (1)	$	39,669	$	28,540
Other		19,063		14,467
Other long-term assets	$	58,732	$	43,007

(1)

Expense related to cloud computing arrangements was $101,062, $87,593, and $62,215 in fiscal 2023, fiscal 2022, and fiscal 2021, respectively, and was included in SG&A expenses in the consolidated statements of income.