| Feb'20 | Feb'19 | Feb'18 | Jan'17 | Jan'16 | Jan'15 | Jan'14 | Jan'13 | Jan'12 | Jan'11 | Jan'10 | Jan'09 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Operating activities: | |||||||||||
Net income | |||||||||||
191,257 | 261,902 | 204,163 | 212,449 | 218,138 | 80,322 | 82,983 | 232,108 | 151,705 | 140,647 | 169,022 | 179,061 |
Gain from discontinued operations, net of tax | |||||||||||
- | - | - | - | 4,847 | -8,465 | - | -31,990 | -23,574 | -55,084 | -44,376 | -50,923 |
Income from continuing operations | |||||||||||
- | - | - | - | 213,291 | 88,787 | 82,983 | 264,098 | 175,279 | 195,731 | 213,398 | 229,984 |
Adjustments to reconcile net income to net cash provided by operating activities | |||||||||||
Depreciation and amortization | |||||||||||
181,379 | 170,504 | 169,473 | 158,174 | 148,858 | 142,351 | 134,047 | 128,397 | 140,502 | 141,662 | 139,832 | 126,362 |
Share-based compensation | |||||||||||
23,000 | 27,500 | 16,900 | 29,137 | 34,977 | 16,070 | -6,541 | 66,349 | 11,724 | 24,909 | 34,615 | 18,731 |
Deferred income taxes | |||||||||||
6,541 | -4,391 | 44,312 | 14,838 | 4,680 | -2,279 | 20,100 | -30,647 | 4,207 | 11,885 | -36,027 | 24,473 |
Tax benefit from share-based payments | |||||||||||
- | - | - | - | - | - | - | - | 356 | 15,648 | 7,995 | 1,121 |
Excess tax benefit from share-based payments | |||||||||||
- | - | - | - | - | - | - | - | 373 | 12,499 | 2,812 | 693 |
Foreign currency transaction gain | |||||||||||
- | - | - | 835 | -2,977 | 495 | -1,378 | -100 | 325 | -117 | -6,477 | 1,141 |
Loss on impairment of assets | |||||||||||
66,252 | 546 | - | 20,576 | 0 | 33,468 | 44,465 | 34,869 | 19,718 | - | 18,000 | - |
Gain on sale of assets | |||||||||||
- | - | - | - | 9,422 | - | - | - | - | - | - | - |
Net impairment loss recognized in earnings | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 22,889 |
Realized investment losses | |||||||||||
- | - | - | - | - | - | - | - | - | -25,674 | -3,689 | -1,117 |
Changes in assets and liabilities: | |||||||||||
Merchandise inventory | |||||||||||
21,615 | 28,496 | 35,912 | 53,613 | 22,259 | -8,586 | -40,148 | -35,202 | 73,850 | -22,100 | 33,699 | 5,634 |
Operating lease assets | |||||||||||
-261,303 | - | - | - | - | - | - | - | - | - | - | - |
Operating lease liabilities | |||||||||||
-271,519 | - | - | - | - | - | - | - | - | - | - | - |
Accounts receivable | |||||||||||
- | - | - | 7,705 | 10,093 | -3,084 | 29,511 | 6,664 | 3,226 | 3,568 | -6,656 | 10,019 |
Prepaid expenses and other | |||||||||||
- | - | - | 332 | 7,027 | -14,282 | 10,844 | -404 | 21,051 | 8,758 | -12,916 | 23,184 |
Other assets | |||||||||||
32,845 | 22,206 | -13,755 | 6,705 | 10,017 | -6,612 | 36,089 | 8,165 | -2,445 | 1,358 | -1,146 | -390 |
Accounts payable | |||||||||||
44,949 | 4,329 | -16,663 | 52,347 | -3,189 | -5,280 | 28,568 | -10,468 | 16,636 | 3,969 | 8,358 | -3,467 |
Unredeemed gift cards and gift certificates | |||||||||||
- | - | - | 4,465 | 755 | 1,238 | 1,269 | 1,473 | 3,981 | 1,713 | -3,591 | 11,495 |
Deferred lease credits | |||||||||||
- | - | - | -5,229 | -4,099 | -4,528 | 583 | -11,073 | -9,111 | -9,168 | 4,667 | 16,622 |
Accrued compensation and payroll taxes | |||||||||||
-38,603 | 28,043 | 1,289 | -25,809 | 34,234 | 20,716 | -42,465 | 23,018 | 7,576 | -19,633 | 25,841 | -18,223 |
Accrued and other liabilities | |||||||||||
5,279 | 18,908 | -2,881 | - | - | - | - | - | - | - | - | - |
Accrued income and other taxes | |||||||||||
- | - | - | -10,695 | -17,615 | 24,826 | -25,840 | -7,408 | -14,566 | 11,537 | 12,858 | -20,791 |
Accrued liabilities | |||||||||||
- | - | - | -15,467 | -14,133 | -9,012 | 27,605 | 20,186 | 18,215 | 10,202 | -1,993 | -1,930 |
Total adjustments | |||||||||||
- | - | - | 153,147 | 128,627 | 249,639 | 146,873 | 235,573 | 102,858 | 214,685 | 186,928 | 115,128 |
Net cash provided by operating activities | |||||||||||
415,416 | 456,645 | 394,426 | 365,596 | 341,918 | 338,426 | 229,856 | 499,671 | 278,137 | 410,416 | 400,326 | 345,112 |
Capital expenditures for property and equipment | |||||||||||
210,360 | 189,021 | 169,469 | 161,494 | 153,256 | 245,002 | 278,499 | 93,939 | 89,466 | 75,904 | 127,080 | 243,564 |
Purchase of available-for-sale investments | |||||||||||
85,000 | 202,912 | - | - | - | - | 52,065 | 111,086 | 193,851 | 62,797 | 0 | 48,655 |
Sale of available-for-sale investments | |||||||||||
122,135 | 109,776 | - | - | - | - | - | - | - | - | - | - |
Acquisitions and purchase of long-lived assets in business combination | |||||||||||
- | - | - | - | 10,442 | - | 20,751 | - | - | - | - | - |
Proceeds from sale of assets | |||||||||||
- | - | - | - | 12,579 | - | - | - | - | - | - | - |
Acquisition of intangible assets | |||||||||||
- | - | - | 1,528 | 2,382 | 1,264 | 6,835 | 1,125 | 34,181 | 2,801 | 2,003 | - |
Other investing activities | |||||||||||
1,669 | 672 | 2,681 | - | - | - | - | - | - | - | - | 2,297 |
Net cash used for investing activities | |||||||||||
-174,894 | -282,829 | -172,150 | -163,022 | -153,501 | -236,264 | -195,365 | -190,650 | -76,701 | 35,970 | -48,730 | 99,043 |
Financing activities: | |||||||||||
Sale of available-for-sale securities | |||||||||||
- | - | - | - | - | 10,002 | 162,785 | 15,500 | 240,797 | 177,472 | 80,353 | 393,559 |
Payments on capital leases and other | |||||||||||
- | - | - | 4,375 | 7,635 | 7,143 | 2,839 | 3,066 | 3,256 | 2,590 | 2,015 | 2,177 |
Proceeds from issuance of note payable | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 75,000 |
Repayment of note payable | |||||||||||
- | - | - | - | - | - | - | - | - | 30,000 | 45,000 | - |
Repurchase of common stock as part of publicly announced programs | |||||||||||
112,381 | 144,405 | 87,682 | - | 227,071 | - | 33,051 | 173,554 | 15,160 | 216,070 | - | - |
Repurchase of common stock from employees | |||||||||||
8,087 | 19,668 | 12,513 | 7,032 | 5,163 | 7,464 | 23,386 | 4,125 | 2,189 | 18,041 | 247 | 3,432 |
Net proceeds from stock options exercised | |||||||||||
2,100 | 15,500 | 3,400 | 16,260 | 7,283 | 7,305 | 6,197 | 76,401 | 5,098 | 7,272 | 9,044 | 3,799 |
Excess tax benefit from share-based payments | |||||||||||
- | - | - | 763 | 657 | 742 | 8,833 | 13,279 | 373 | 12,499 | 2,812 | 693 |
Cash used to net settle equity awards | |||||||||||
- | - | - | - | - | - | - | 0 | 0 | 6,434 | 1,414 | - |
Cash dividends paid | |||||||||||
92,783 | 97,123 | 88,548 | 90,680 | 97,237 | 97,224 | 72,280 | 403,490 | 85,592 | 183,166 | 82,985 | 82,394 |
Other financing activities | |||||||||||
-94 | -6,802 | -3,384 | - | - | - | - | - | - | - | - | - |
Net cash used for financing activities | |||||||||||
-211,226 | -252,503 | -188,772 | -85,064 | -329,166 | -103,784 | -116,526 | -494,555 | -100,726 | -436,530 | -119,805 | -8,511 |
Effect of exchange rates on cash | |||||||||||
-696 | -1,596 | 1,496 | 1,036 | -3,076 | -7,578 | -8,151 | 504 | 798 | 1,394 | 3,030 | - |
Net change in cash and cash equivalents | |||||||||||
28,600 | -80,283 | 35,000 | 118,546 | -150,630 | -8,237 | -90,186 | -210,426 | 51,952 | -26,367 | 220,618 | 357,281 |
Cash flows of discontinued operations | |||||||||||
Net cash used for operating activities | |||||||||||
- | - | - | - | -6,805 | 963 | - | -24,616 | -38,881 | -29,003 | -13,864 | -41,802 |
Net cash used for investing activities | |||||||||||
- | - | - | - | - | - | - | -780 | -10,675 | -8,361 | -339 | -21,771 |
Net cash used for financing activities | |||||||||||
- | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 |
Effect of exchange rates on cash | |||||||||||
- | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 |
Effect of exchange rates changes on cash | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | -14,790 |
Net cash used for discontinued operations | |||||||||||
- | - | - | - | -6,805 | 963 | - | -25,396 | -49,556 | -37,617 | -14,203 | -63,573 |