Annual report pursuant to Section 13 and 15(d)

Summary of significant accounting policies (Tables)

v3.24.1
Summary of significant accounting policies (Tables)
12 Months Ended
Feb. 03, 2024
Summary of significant accounting policies  
Schedule of cash and cash equivalents

February 3,

January 28,

(In thousands)

2024

    

2023

Cash

$

677,004

$

651,367

Receivables from third-party financial institutions for credit card and debit card transactions

89,590

86,510

Cash and cash equivalents

$

766,594

$

737,877

Schedule of receivables

February 3,

January 28,

(In thousands)

2024

    

2023

Vendor allowances

$

140,356

$

109,899

Royalties and other credit card

24,818

19,738

Gift card

11,694

42,065

Other

31,706

28,796

Allowance for doubtful accounts

(635)

(1,076)

Receivables, net

$

207,939

$

199,422

Schedule of estimated useful lives or expected lease term of property and equipment

Equipment and fixtures

1 to 10 years

Electronic equipment and software

3 to 15 years

Schedule of advertising costs

Fiscal year ended

February 3,

January 28,

January 29,

(In thousands)

2024

    

2023

    

2022

Advertising expense, net

$

422,779

$

374,730

$

387,794

Advertising expense, net as a percentage of net sales

3.8%

3.7%

4.5%