Ulta Beauty, Inc. Annual report [Section 13 and 15(d), not S-K Item 405]

Acquisitions (Tables)

12 Months Ended

Jan. 31, 2026


(In thousands)
Cash and cash equivalents	$	12,339
Merchandise inventories, net		75,575
Property and equipment, net		58,705
Operating lease assets		107,014
Other intangible assets, net		201,635
Other assets (1)		16,178
Accounts payable		(40,605)
Accrued liabilities		(45,697)
Operating lease liabilities		(101,995)
Deferred income taxes		(58,928)
Other liabilities (2)		(38,867)
Estimated fair value excluding goodwill		185,354
Goodwill		213,798
Net assets acquired	$	399,152

(1)

Includes amounts primarily related to receivables and prepaid expenses and other currents assets on the consolidated balance sheets.

(2)

Includes amounts primarily related to deferred revenue, short-term debt, and other long-term liabilities on the consolidated balance sheets.