| Jan'20 | Jan'19 | Jan'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 income | |||||||||||
168,096 | 298,003 | 108,263 | 218,120 | 224,489 | 232,428 | 282,360 | 237,314 | 185,251 | 272,958 | 219,893 | 199,364 |
Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
Depreciation and amortization | |||||||||||
112,256 | 117,986 | 128,408 | 135,330 | 142,722 | 138,110 | 132,664 | 118,664 | 108,112 | 101,105 | 92,350 | 81,949 |
Non-cash lease expense | |||||||||||
190,652 | - | - | - | - | - | - | - | - | - | - | - |
Provision (benefit) for deferred income taxes | |||||||||||
1,451 | -11,414 | 8,329 | -4,801 | 13,662 | -2,221 | -28,505 | 22,248 | -12,150 | -8,727 | 2,161 | -9,351 |
Excess tax benefits from share-based awards | |||||||||||
- | - | - | - | - | 3,822 | 9,540 | 6,713 | 8,995 | 12,847 | 6,438 | 13,434 |
Share-based compensation expense | |||||||||||
21,109 | 18,104 | 14,517 | 18,291 | 15,623 | 16,736 | 15,742 | 10,892 | 3,068 | 10,725 | 4,766 | 3,637 |
Goodwill impairment | |||||||||||
13,911 | - | - | - | - | - | - | - | - | - | - | - |
Store impairment | |||||||||||
14,611 | 3,544 | 11,410 | - | - | - | - | - | - | - | - | - |
Impairment | |||||||||||
- | - | - | 4,341 | 8,928 | - | - | - | - | - | - | - |
Loss on disposition of property and equipment, net | |||||||||||
-1,643 | -3,492 | -4,037 | -3,667 | -1,400 | -3,189 | -2,368 | -616 | -857 | -119 | -339 | -61 |
Changes in assets and liabilities: | |||||||||||
Receivables | |||||||||||
7,825 | 4,012 | 21,744 | -20,934 | 13,820 | 18,393 | 15,368 | 2,917 | 251 | -1,835 | 1,825 | 10,726 |
Inventory | |||||||||||
39,101 | 21,696 | 8,644 | 9,963 | -26,739 | 68,992 | 27,713 | 32,237 | 20,817 | 43,372 | 15,544 | 272 |
Prepaid expenses and other assets | |||||||||||
16,308 | -8,605 | -12,967 | 10,359 | -3,811 | 23,257 | -2,985 | -16,057 | -6,317 | -14,825 | 25,619 | -9,210 |
Payables, accrued expenses and other liabilities | |||||||||||
22,661 | 34,012 | 45,516 | 39,692 | -3,940 | 48,543 | 68,162 | 31,756 | 21,310 | 48,492 | 55,311 | -8,868 |
Operating lease liabilities | |||||||||||
209,263 | - | - | - | - | - | - | - | - | - | - | - |
Net cash provided by operating activities | |||||||||||
273,893 | 446,624 | 303,059 | 415,252 | 419,614 | 322,321 | 423,155 | 395,680 | 282,702 | 385,113 | 325,394 | 251,570 |
Cash flows from investing activities: | |||||||||||
Cash paid for property and equipment | |||||||||||
217,433 | 114,924 | 83,813 | 143,714 | 134,950 | 229,804 | 186,101 | 168,875 | 190,010 | 143,642 | 109,260 | 112,553 |
Cash paid for marketable securities | |||||||||||
397,220 | 396,646 | 281,385 | 318,742 | 265,872 | 405,659 | 727,987 | 372,689 | 169,467 | 463,129 | 806,546 | 809,039 |
Sales and maturities of marketable securities | |||||||||||
428,508 | 267,072 | 243,818 | 243,159 | 374,057 | 830,297 | 451,866 | 207,576 | 414,769 | 571,236 | 421,040 | 864,685 |
Acquisition of business | |||||||||||
- | - | - | 15,325 | - | - | - | - | - | - | - | - |
Net cash used in investing activities | |||||||||||
-186,145 | -244,498 | -121,380 | -234,622 | -26,765 | 194,834 | -462,222 | -333,988 | 55,292 | -35,535 | -494,766 | -56,907 |
Borrowings under long-term debt | |||||||||||
- | - | - | - | 291,612 | - | - | - | - | - | - | - |
Repayments of long-term debt | |||||||||||
- | - | - | 150,000 | 141,612 | - | - | - | - | - | - | - |
Proceeds from the exercise of share-based awards | |||||||||||
974 | 13,618 | - | 4,096 | 46,400 | 10,693 | 35,218 | 30,671 | 4,136 | 24,129 | 3,250 | 8,891 |
Excess tax benefits from share-based awards | |||||||||||
- | - | - | - | - | 3,822 | 9,540 | 6,713 | 8,995 | 12,847 | 6,438 | 13,434 |
Share repurchases related to share repurchase program | |||||||||||
217,421 | 121,397 | 157,044 | 45,787 | 465,304 | 611,475 | 10,695 | - | 545,478 | 204,718 | - | - |
Share repurchases related to taxes for share-based awards | |||||||||||
5,600 | 10,245 | 2,182 | 2,052 | 10,120 | 3,947 | 397 | - | - | - | - | - |
Net cash used in financing activities | |||||||||||
-222,047 | -118,024 | -159,226 | -193,743 | -279,024 | -600,907 | 33,666 | 37,384 | -532,347 | -167,742 | 9,688 | 22,325 |
Effect of exchange rate changes on cash and cash equivalents | |||||||||||
-2,122 | -8,062 | 11,627 | -4,023 | -3,107 | -3,748 | 2,132 | 978 | -631 | -603 | 2,673 | -6,224 |
(Decrease) increase in cash and cash equivalents | |||||||||||
-136,421 | 76,040 | 34,080 | -17,136 | 110,718 | -87,500 | -3,269 | 100,054 | -194,984 | 181,233 | -157,011 | 210,764 |
Supplemental cash flow information: | |||||||||||
Cash paid during the year for: | |||||||||||
Income taxes | |||||||||||
74,429 | 102,211 | 83,986 | 111,958 | 99,359 | 144,892 | 159,628 | 103,006 | 120,847 | 121,341 | 137,490 | 115,040 |
Non-cash investing activities—Accrued capital expenditures | |||||||||||
10,497 | 7,193 | 10,144 | 17,020 | 11,607 | 18,771 | 20,889 | 15,055 | 21,955 | 8,077 | 12,960 | 6,561 |