Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows (unaudited)

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Consolidated Statements of Cash Flows (unaudited) (USD $)
In Thousands, unless otherwise specified
 6 Months Ended
Aug. 02, 2014
Aug. 03, 2013
Operating activities    
Net income $ 110,747 $ 86,737
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 62,372 50,747
Deferred income taxes (642) (432)
Non-cash stock compensation charges 7,603 7,539
Excess tax benefits from stock-based compensation (1,423) (6,699)
Loss on disposal of property and equipment 2,582 2,030
Change in operating assets and liabilities:    
Receivables 4,939 10,517
Merchandise inventories (83,575) (100,031)
Prepaid expenses and other current assets (2,866) (1,540)
Income taxes (4,036) (4,466)
Accounts payable 15,177 11,852
Accrued liabilities 1,601 (3,366)
Deferred rent 19,718 31,176
Other assets and liabilities 1,031 456
Net cash provided by operating activities 133,228 84,520
Investing activities    
Purchases of short-term investments (100,146)  
Purchases of property and equipment (94,097) (98,029)
Net cash used in investing activities (194,243) (98,029)
Financing activities    
Repurchase of common shares   (37,337)
Stock options exercised 4,510 10,007
Excess tax benefits from stock-based compensation 1,423 6,699
Purchase of treasury shares (1,336) (125)
Net cash provided by (used in) financing activities 4,597 (20,756)
Net decrease in cash and cash equivalents (56,418) (34,265)
Cash and cash equivalents at beginning of period 419,476 320,475
Cash and cash equivalents at end of period 363,058 286,210
Supplemental cash flow information    
Cash paid for income taxes (net of refunds) 72,855 58,412
Noncash investing activities:    
Change in property and equipment included in accrued liabilities $ 22,010 $ 13,246