| Feb'20 | Feb'19 | Feb'18 | Jan'17 | Jan'16 | Jan'15 | Jan'14 | Jan'13 | Jan'12 | Jan'11 | Jan'10 | Jan'09 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Cash Flows From Operating Activities | |||||||||||
Net earnings | |||||||||||
1,660,928 | 1,587,457 | 1,362,753 | 1,117,654 | 1,020,661 | 924,724 | 837,304 | 786,763 | 657,170 | 554,797 | 442,757 | 305,441 |
Adjustments to reconcile net earnings to net cash provided by operating activities: | |||||||||||
Depreciation and amortization | |||||||||||
350,900 | 330,400 | 313,200 | 302,500 | 274,828 | 232,959 | 206,111 | 185,491 | 159,892 | 160,693 | 159,043 | 141,802 |
Stock-based compensation | |||||||||||
95,438 | 95,585 | 87,417 | 74,554 | 70,937 | 53,001 | 46,847 | 48,952 | 40,404 | 36,551 | 25,746 | 22,575 |
Gain on sale of assets | |||||||||||
0 | 0 | 6,328 | 0 | 0 | - | - | - | - | - | - | - |
Deferred income taxes | |||||||||||
32,009 | 31,777 | -34,903 | -8,703 | 56,358 | 25,086 | -15,250 | -39,028 | 21,722 | -17,977 | 16,113 | 23,804 |
Tax benefit from equity issuance | |||||||||||
- | - | - | - | - | 29,759 | 27,661 | 29,989 | 19,040 | -15,412 | 8,582 | 8,532 |
Excess tax benefit from stock-based compensation | |||||||||||
- | - | - | - | - | 29,415 | 26,906 | 29,103 | 18,180 | 14,746 | 7,291 | 5,973 |
Change in assets and liabilities: | |||||||||||
Merchandise inventory | |||||||||||
81,897 | 108,707 | 128,849 | 93,782 | 46,429 | 115,520 | 47,918 | 79,167 | 43,153 | 214,419 | -8,560 | -144,237 |
Other current assets | |||||||||||
10,315 | 30,789 | 23,051 | 928 | 13,496 | 16,410 | 9,875 | 14,474 | 10,329 | 6,339 | 6,441 | 6,089 |
Accounts payable | |||||||||||
114,153 | 110,483 | 41,322 | 83,085 | -41,464 | 204,158 | -4,104 | 40,109 | -11,614 | 102,851 | 115,893 | -101,682 |
Other current liabilities | |||||||||||
30,513 | 37,080 | 65,221 | 76,676 | 7,796 | 69,568 | -18,562 | 18,146 | -2,109 | 52,594 | 118,980 | 43,249 |
Income taxes | |||||||||||
-35,239 | 3,706 | -1,740 | - | - | - | - | - | - | - | - | - |
Operating lease assets and liabilities, net | |||||||||||
-15,631 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Other long-term, net | |||||||||||
567 | -9,728 | -6,333 | 7,830 | -2,939 | -5,045 | 26,695 | 31,966 | 7,262 | 3,649 | 6,442 | 7,543 |
Net cash provided by operating activities | |||||||||||
2,171,546 | 2,066,677 | 1,681,338 | 1,558,901 | 1,326,252 | 1,372,865 | 1,022,003 | 979,644 | 820,105 | 673,066 | 888,384 | 583,439 |
Cash Flows From Investing Activities | |||||||||||
Additions to property and equipment | |||||||||||
555,483 | 413,898 | 371,423 | 297,880 | 366,960 | 646,691 | 550,515 | 424,434 | 416,271 | 198,651 | 158,487 | 224,418 |
Decrease in restricted cash and investments | |||||||||||
- | - | - | - | -4,065 | 4,329 | 2,895 | 2,107 | 60,086 | 0 | - | - |
Proceeds from sale of property and equipment | |||||||||||
0 | 0 | 15,981 | 0 | 0 | - | - | - | - | - | 10 | 117 |
Purchases of investments | |||||||||||
- | - | - | - | 718 | 0 | 12,012 | 5,430 | 0 | 6,842 | 2,904 | 36,984 |
Proceeds from investments | |||||||||||
517 | 3,489 | 687 | 1,700 | 1,104 | 12,021 | 1,614 | 6,247 | 4,589 | 8,648 | 24,548 | 42,522 |
Net cash used in investing activities | |||||||||||
-554,966 | -410,409 | -354,755 | -296,180 | -362,509 | -638,999 | -563,808 | -425,724 | -471,768 | -196,845 | -136,833 | -218,763 |
Cash Flows From Financing Activities | |||||||||||
Payment of long-term debt | |||||||||||
0 | 85,000 | 0 | 0 | - | - | - | - | - | - | - | - |
Excess tax benefit from stock-based compensation | |||||||||||
- | - | - | 23,331 | 42,302 | 29,415 | 26,906 | 29,103 | 18,180 | 14,746 | 7,291 | 5,973 |
Net proceeds from issuance of long-term debt | |||||||||||
- | - | - | - | - | 245,676 | 0 | 0 | - | - | - | - |
Issuance of common stock related to stock plans | |||||||||||
22,209 | 20,112 | 18,468 | 18,539 | 20,186 | 21,978 | 19,074 | 19,043 | 17,290 | 36,479 | 49,393 | 47,873 |
Treasury stock purchased | |||||||||||
60,665 | 54,384 | 45,433 | 43,321 | 68,925 | 39,041 | 29,851 | 29,446 | 15,854 | 9,544 | 6,045 | 4,909 |
Repurchase of common stock | |||||||||||
1,275,000 | 1,075,000 | 875,000 | 700,000 | 700,000 | 550,000 | 550,000 | 450,000 | 450,000 | 375,000 | 300,000 | 300,000 |
Dividends paid | |||||||||||
369,793 | 337,189 | 247,526 | 214,640 | 192,312 | 168,454 | 147,917 | 125,694 | 102,042 | 77,321 | 55,202 | 49,838 |
Net cash used in financing activities | |||||||||||
-1,683,249 | -1,531,461 | -1,149,491 | -916,091 | -898,749 | -460,426 | -681,788 | -556,994 | -532,426 | -410,640 | -304,563 | -300,901 |
Net (decrease) increase in cash, cash equivalents, and restricted cash and cash equivalents | |||||||||||
-66,669 | 124,807 | 177,092 | 346,630 | 64,994 | 273,440 | -223,593 | -3,074 | -184,089 | 65,581 | 446,988 | 63,775 |
Cash and cash equivalents, and restricted cash and cash equivalents: | |||||||||||
Supplemental Cash Flow Disclosures | |||||||||||
Interest paid | |||||||||||
12,682 | 18,105 | 18,105 | 18,105 | 18,035 | 9,668 | 9,668 | 9,668 | 9,668 | 9,668 | 9,668 | 9,676 |
Income taxes paid | |||||||||||
506,591 | 427,930 | 714,566 | 628,441 | 523,597 | 510,145 | 506,182 | 435,808 | 370,074 | 330,589 | 201,232 | 167,478 |
(Decrease) increase in fair value of investment securities | |||||||||||
- | - | - | - | - | - | - | - | - | -490 | 1,435 | -2,514 |