Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands |
3 Months Ended |
Apr. 29, 2017 |
Apr. 30, 2016 |
| Cash Flows From Operating Activities |
|
|
| Net earnings |
$ 321,018
|
$ 290,634
|
| Adjustments to reconcile net earnings to net cash provided by operating activities: |
|
|
| Depreciation and amortization |
75,820
|
73,878
|
| Stock-based compensation |
20,238
|
17,716
|
| Deferred income taxes |
10,847
|
10,713
|
| Change in assets and liabilities: |
|
|
| Merchandise inventory |
(81,874)
|
(79,345)
|
| Other current assets |
(37,168)
|
(29,150)
|
| Accounts payable |
162,788
|
123,886
|
| Other current liabilities |
41,900
|
54,415
|
| Other long-term, net |
7,269
|
6,333
|
| Net cash provided by operating activities |
520,838
|
469,080
|
| Cash Flows From Investing Activities |
|
|
| Additions to property and equipment |
(75,971)
|
(79,724)
|
| Increase in restricted cash and investments |
(60)
|
(44)
|
| Net cash used in investing activities |
(76,031)
|
(79,768)
|
| Cash Flows From Financing Activities |
|
|
| Excess tax benefit from stock-based compensation |
0
|
20,538
|
| Issuance of common stock related to stock plans |
4,404
|
5,500
|
| Treasury stock purchased |
(38,754)
|
(36,933)
|
| Repurchase of common stock |
(215,042)
|
(175,758)
|
| Dividends paid |
(62,795)
|
(54,236)
|
| Net cash used in financing activities |
(312,187)
|
(240,889)
|
| Net increase in cash and cash equivalents |
132,620
|
148,423
|
| Cash and cash equivalents: |
|
|
| Beginning of period |
1,111,599
|
761,602
|
| End of period |
1,244,219
|
910,025
|
| Supplemental Cash Flow Disclosures |
|
|
| Interest paid |
4,219
|
4,219
|
| Income taxes paid |
$ 46,519
|
$ 26,763
|