Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
$ in Thousands
May 01, 2021
Jan. 30, 2021
May 02, 2020
Current assets:      
Cash and cash equivalents $ 947,456 $ 1,046,051 $ 1,043,540
Short-term investments 0 0 110,000
Receivables, net 154,342 193,109 88,691
Merchandise inventories, net 1,353,565 1,168,215 1,340,566
Prepaid expenses and other current assets 108,393 107,402 97,041
Prepaid income taxes     48,982
Total current assets 2,563,756 2,514,777 2,728,820
Property and equipment, net 960,440 995,795 1,148,341
Operating lease assets 1,487,616 1,504,614 1,583,490
Goodwill 10,870 10,870 10,870
Other intangible assets, net 2,233 2,465 3,159
Deferred compensation plan assets 34,279 33,223 25,388
Other long-term assets 28,350 28,225 30,483
Total assets 5,087,544 5,089,969 5,530,551
Current liabilities:      
Accounts payable 552,837 477,052 466,043
Accrued liabilities 322,676 296,334 173,310
Deferred revenue 270,090 274,383 216,330
Current operating lease liabilities 263,200 253,415 240,496
Accrued income taxes 113,960 42,529  
Total current liabilities 1,522,763 1,343,713 1,096,179
Non-current operating lease liabilities 1,613,309 1,643,386 1,748,245
Long-term debt     800,000
Deferred income taxes 66,483 65,359 95,276
Other long-term liabilities 40,272 37,962 36,892
Total liabilities 3,242,827 3,090,420 3,776,592
Commitments and contingencies (Note 7)
Stockholders' equity:      
Common stock, $0.01 par value, 400,000 shares authorized; 55,803, 56,952 and 57,003 shares issued; 55,090, 56,260 and 56,312 shares outstanding; at May 1, 2021, January 30, 2021, and May 2, 2020 respectively 558 569 570
Treasury stock-common, at cost (44,567) (37,801) (37,450)
Additional paid-in capital 861,312 847,303 813,924
Retained earnings 1,027,414 1,189,422 976,990
Accumulated other comprehensive income (loss)   56 (75)
Total stockholders' equity 1,844,717 1,999,549 1,753,959
Total liabilities and stockholders' equity $ 5,087,544 $ 5,089,969 $ 5,530,551