2022 Q1 Form 10-K Financial Statement

#000181735822000039 Filed on March 29, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2022 2021 Q4
Revenue $1.808B $6.773B $1.593B
YoY Change 13.21% 19.05% 18.07%
Cost Of Revenue $1.224B $4.422B $1.032B
YoY Change 11.48% 11.8% 13.58%
Gross Profit $584.1M $2.351B $560.8M
YoY Change 17.03% 35.58% 27.32%
Gross Profit Margin 32.3% 34.71% 35.21%
Selling, General & Admin $358.3M $1.443B $344.7M
YoY Change 7.83% 9.86% -3.96%
% of Gross Profit 61.35% 61.38% 61.47%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $27.51M $105.3M $26.50M
YoY Change 6.62% -0.2% 3.92%
% of Gross Profit 4.71% 4.48% 4.73%
Operating Expenses $385.9M $1.443B $344.7M
YoY Change 7.72% 9.86% -3.96%
Operating Profit $198.2M $907.9M $216.1M
YoY Change 40.54% 115.97% 164.99%
Interest Expense -$10.86M -$48.99M -$11.42M
YoY Change -32.13% -43.37% -49.0%
% of Operating Profit -5.48% -5.4% -5.29%
Other Income/Expense, Net $1.075M $2.821M $614.0K
YoY Change 34.38% 70.56% -180.37%
Pretax Income $188.4M $859.5M $205.3M
YoY Change 54.95% 153.46% 251.59%
Income Tax $46.65M $188.2M $44.00M
% Of Pretax Income 24.76% 21.89% 21.43%
Net Earnings $141.8M $671.4M $161.3M
YoY Change 54.9% 117.44% 170.71%
Net Earnings / Revenue 7.84% 9.91% 10.13%
Basic Earnings Per Share $1.61 $7.38 $1.77
Diluted Earnings Per Share $1.57 $7.12 $1.72
COMMON SHARES
Basic Shares Outstanding 87.97M shares 90.96M shares 91.14M shares
Diluted Shares Outstanding 90.48M shares 94.28M shares 93.84M shares

Balance Sheet

Concept 2022 Q1 2022 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $486.0M $486.0M $401.3M
YoY Change 28.71% 28.71% -53.86%
Cash & Equivalents $486.0M $486.0M $401.3M
Short-Term Investments
Other Short-Term Assets $38.22M $38.22M $46.25M
YoY Change 26.99% 26.99% 67.59%
Inventory $1.172B $1.172B $1.326B
Prepaid Expenses
Receivables $19.72M $19.72M $12.37M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.716B $1.716B $1.786B
YoY Change 21.25% 21.25% -10.35%
LONG-TERM ASSETS
Property, Plant & Equipment $345.8M $1.425B $358.1M
YoY Change -8.57% -6.35% -6.41%
Goodwill $861.9M $861.9M
YoY Change 0.0% 0.0%
Intangibles $577.2M $577.1M
YoY Change 0.04% 0.02%
Long-Term Investments
YoY Change
Other Assets $4.676M $4.676M $5.516M
YoY Change -45.52% -45.63% 12.05%
Total Long-Term Assets $2.869B $2.869B $2.890B
YoY Change -3.38% -3.38% -3.34%
TOTAL ASSETS
Total Short-Term Assets $1.716B $1.716B $1.786B
Total Long-Term Assets $2.869B $2.869B $2.890B
Total Assets $4.585B $4.585B $4.676B
YoY Change 4.57% 4.57% -6.14%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $737.8M $737.8M $919.2M
YoY Change -6.77% -6.77% 5.79%
Accrued Expenses $225.1M $225.1M $208.2M
YoY Change 4.94% 4.94% 30.63%
Deferred Revenue $88.71M $61.15M
YoY Change 15.54% 12.08%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $3.000M $3.000M $3.000M
YoY Change -25.0% -25.0% -83.56%
Total Short-Term Liabilities $1.127B $1.127B $1.313B
YoY Change -3.43% -3.43% 5.82%
LONG-TERM LIABILITIES
Long-Term Debt $683.6M $683.6M $683.8M
YoY Change -12.53% -12.53% -51.46%
Other Long-Term Liabilities $12.42M $1.090B $26.39M
YoY Change -64.64% -8.03% -38.98%
Total Long-Term Liabilities $696.0M $1.774B $710.2M
YoY Change -14.77% -9.81% -51.09%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.127B $1.127B $1.313B
Total Long-Term Liabilities $696.0M $1.774B $710.2M
Total Liabilities $3.118B $3.118B $3.300B
YoY Change -4.72% -4.72% -17.45%
SHAREHOLDERS EQUITY
Retained Earnings $1.268B $1.188B
YoY Change 28.45% 32.67%
Common Stock $870.0K $882.0K
YoY Change -4.5% 0.11%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.467B $1.467B $1.376B
YoY Change
Total Liabilities & Shareholders Equity $4.585B $4.585B $4.676B
YoY Change 4.57% 4.57% -6.14%

Cashflow Statement

Concept 2022 Q1 2022 2021 Q4
OPERATING ACTIVITIES
Net Income $141.8M $671.4M $161.3M
YoY Change 54.9% 117.44% 170.71%
Depreciation, Depletion And Amortization $27.51M $105.3M $26.50M
YoY Change 6.62% -0.2% 3.92%
Cash From Operating Activities $158.2M $673.3M $109.4M
YoY Change 2.46% -33.45% 30.85%
INVESTING ACTIVITIES
Capital Expenditures -$17.31M $75.80M -$24.94M
YoY Change -10.79% 83.68% 211.8%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00
YoY Change -100.0%
Cash From Investing Activities -$17.31M -$76.02M -$24.94M
YoY Change -10.33% 129.35% -25044.0%
FINANCING ACTIVITIES
Cash Dividend Paid $0.00
YoY Change
Common Stock Issuance & Retirement, Net $411.4M
YoY Change -298.78%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -56.19M -$488.9M -237.0M
YoY Change -91.04% -34.84% 141.81%
NET CHANGE
Cash From Operating Activities 158.2M $673.3M 109.4M
Cash From Investing Activities -17.31M -$76.02M -24.94M
Cash From Financing Activities -56.19M -$488.9M -237.0M
Net Change In Cash 84.70M $108.4M -152.5M
YoY Change -117.22% -52.5% 966.63%
FREE CASH FLOW
Cash From Operating Activities $158.2M $673.3M $109.4M
Capital Expenditures -$17.31M $75.80M -$24.94M
Free Cash Flow $175.5M $597.5M $134.3M
YoY Change 0.98% -38.43% 46.65%

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CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1065000 USD
CY2020 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
309000 USD
CY2022 us-gaap Nature Of Operations
NatureOfOperations
Nature of Operations<div style="padding-left:18pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">The Company</span></div><div style="margin-bottom:9pt;margin-top:9pt;padding-left:18pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">All references to "we", "us," "our" or the "Company" in the financial statements refer to, (1) prior to October 1, 2020, New Academy Holding Company, LLC, a Delaware limited liability company ("NAHC") and the prior parent holding company for our operations, and its consolidated subsidiaries; and (2) on and after October 1, 2020, Academy Sports and Outdoors, Inc., a Delaware corporation ("ASO, Inc.") and the current parent holding company of our operations, and its consolidated subsidiaries. We conduct our operations primarily through our parent holding company's indirect subsidiary, Academy, Ltd., a Texas limited partnership doing business as "Academy Sports + Outdoors", or Academy, Ltd. On August 3, 2011, an investment entity owned by investment funds and other entities affiliated with Kohlberg Kravis Roberts &amp; Co. L.P. (collectively, "KKR"), acquired a majority interest in the Company. Upon completion of the September 2021 Secondary Offering (as defined below), KKR no longer holds an ownership interest in the Company.</span></div><div style="padding-left:18pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company is one of the leading full-line sporting goods and outdoor recreational products retailers in the United States in terms of net sales. As of January 29, 2022, we operated 259 "Academy Sports + Outdoors" retail locations in 16 states and three distribution centers located in Katy, Texas, Twiggs County, Georgia and Cookeville, Tennessee. Our distribution centers receive, store and ship merchandise to our stores and customers. We also sell merchandise to customers across most of the United States via our </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">academy.com</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> website. </span></div><div style="padding-left:18pt;text-align:justify"><span><br/></span></div><div style="padding-left:18pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Fiscal Year </span></div><div style="padding-left:18pt;text-align:justify;text-indent:18pt"><span><br/></span></div><div style="padding-left:18pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company’s fiscal year represents the 52 or 53 weeks ending on the Saturday closest to January 31 each year. References herein to 2021, 2020 and 2019 relate to the 52-week fiscal years ended January 29, 2022, January 30, 2021, and February 1, 2020, respectively. </span></div><div style="margin-top:15pt;padding-left:18pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Initial Public Offering and Reorganization Transactions</span></div><div style="margin-top:9pt;padding-left:18pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On October 6, 2020, ASO, Inc. completed an initial public offering (the "IPO") in which we issued and sold 15,625,000 shares of common stock, $0.01 par value for cash consideration of $12.22 per share (representing an initial public offering price of $13.00 per share, net of underwriting discounts) to a syndicate of underwriters led by Credit Suisse Securities (USA) LLC and J.P. Morgan Securities LLC, as representatives, resulting in net proceeds of approximately $184.9 million after deducting underwriting discounts, which included approximately $2.7 million paid to KKR Capital Markets LLC ("KCM"), an affiliate of KKR, for underwriting services in connection with the IPO, and $6.1 million in costs directly associated with the IPO ("Offering Costs"), such as legal and accounting fees. The shares sold in the offering were registered under the Securities Act of 1933, as amended (the "Securities Act"), pursuant to our registration statement on Form S-1 (File No. 333-248683) (the "Registration Statement"), which was declared effective by the Securities and Exchange Commission (the "SEC") on October 1, 2020. </span></div><div style="margin-top:9pt;padding-left:18pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In connection with our IPO, we completed a series of reorganization transactions (the "Reorganization Transactions") that resulted in:</span></div><div style="margin-top:9pt;padding-left:72pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">NAHC, the previous parent holding company for the Company, being contributed to ASO, Inc. by its members and becoming a wholly-owned subsidiary of ASO, Inc., which thereupon became our parent holding company; and</span></div><div style="margin-top:3pt;padding-left:72pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">one share of common stock of ASO, Inc. issued to then-existing members of NAHC for every 3.15 membership units of NAHC contributed to ASO, Inc.</span></div><div style="margin-top:15pt;padding-left:18pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">IPO Over-Allotment Exercise </span></div><div style="margin-top:9pt;padding-left:18pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On November 3, 2020, ASO, Inc. issued and sold an additional 1,807,495 shares of the Company's common stock, par value $0.01 per share, for cash consideration of $12.22 per share (representing an initial public offering price of $13.00 per share, net of underwriting discounts) to the IPO underwriters, resulting in approximately $22.1 million in proceeds net of underwriting discounts, which included $0.3 million paid to KCM for underwriting services, pursuant to the partial exercise by the underwriters of their option to purchase up to 2,343,750 additional shares to cover over-allotments in connection with the IPO (the "IPO Over-Allotment Exercise"). The option expired with respect to the remaining shares. </span></div><div style="padding-left:18pt;text-align:justify"><span><br/></span></div><div style="padding-left:18pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Secondary Offering</span></div><div style="margin-top:9pt;padding-left:18pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On January 27, 2021, ASO, Inc. entered into an Underwriting Agreement (the “Underwriting Agreement”), by and among ASO, Inc., Allstar LLC, Allstar Co-Invest Blocker L.P., KKR 2006 Allstar Blocker L.P., MSI 2011 LLC, MG Family Limited Partnership and the former management selling stockholder named therein (collectively, the “Selling Stockholders”), and Credit Suisse Securities (USA) LLC and J.P. Morgan Securities LLC, as representatives of the several underwriters named therein (the “Underwriters”), relating to an underwritten offering of 12,000,000 shares of common stock (the “Secondary Offering”), pursuant to the Company’s Registration Statement on Form S-1 (File No. 333-252390), filed on January 25, 2021. The Selling Stockholders granted the Underwriters the option to purchase, within 30 days from the date of the Underwriting Agreement, an additional 1,800,000 shares of common stock. On January 29, 2021, the Underwriters exercised in full their option to purchase the additional shares. The Secondary Offering was completed on February 1, 2021. Pursuant to the Underwriting Agreement, the Underwriters purchased the shares from the Selling Stockholders at a price of approximately $20.69 per share. The Company did not receive any proceeds from the Secondary Offering.</span></div><div style="margin-top:9pt;padding-left:18pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">May 2021 Secondary Offering and Stock Repurchase</span></div><div style="margin-top:9pt;padding-left:18pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On May 5, 2021, ASO, Inc. entered into an underwriting agreement (the “May 2021 Underwriting Agreement”), by and among ASO, Inc., Allstar LLC, Allstar Co-Invest Blocker L.P., KKR 2006 Allstar Blocker L.P., MSI 2011 LLC and MG Family Limited Partnership (collectively, the “May 2021 Selling Stockholders”), and Credit Suisse Securities (USA) LLC and J.P. Morgan Securities LLC, as representatives of the several underwriters named therein (the “May 2021 Underwriters”), relating to an underwritten offering of 14,000,000 shares of common stock at $30.96 per share (the “May 2021 Secondary Offering”), pursuant to the Company’s Registration Statement on Form S-1 (File No. 333-255720), filed on May 3, 2021. The May 2021 Selling Stockholders granted the May 2021 Underwriters the option to purchase, within 30 days from the date of the May 2021 Underwriting Agreement, an additional 2,100,000 shares of common stock. On May 6, 2021, the May 2021 Underwriters exercised in full their option to purchase the additional shares. The May 2021 Secondary Offering also included the Company's repurchase and simultaneous retirement of 3,229,974 shares out of the 14,000,000 shares at $30.96 per share, the same price granted to the May 2021 Underwriters, which was at a discount to the prevailing market price at the time of repurchase (see "Share Repurchases" in Note 2). The May 2021 Secondary Offering was completed on May 10, 2021. The Company did not receive any proceeds from the May 2021 Secondary Offering. </span></div><div style="margin-top:9pt;padding-left:18pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The May 2021 Secondary Offering reduced the KKR ownership interest in the Company, resulting in a vesting event (the "2021 Vesting Event") for awards granted under the 2011 Unit Incentive Plan, whereby unvested time awards and performance-based awards which had previously met their performance targets vested and unvested performance-based awards which had not previously met their performance targets were forfeited. As a result, we incurred approximately $24.9 million in non-cash expenses related to equity-based compensation and approximately $15.4 million of cash expenses related to taxes on equity-based compensation. Additionally, approximately $8.2 million of Share-Based Award Payments (see Note 9) for equity-based compensation distributions were accelerated during the 2021 second quarter.</span></div><div style="margin-top:9pt;padding-left:18pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">September 2021 Secondary Offering and Stock Repurchase</span></div><div style="margin-top:9pt;padding-left:18pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On September 14, 2021, ASO, Inc. entered into an underwriting agreement (the “September 2021 Underwriting Agreement”), by and among ASO, Inc., Allstar LLC, Allstar Co-Invest Blocker L.P. and KKR 2006 Allstar Blocker L.P. (collectively, the “September 2021 Selling Stockholders”), and Credit Suisse Securities (USA) LLC, as representative of the several underwriters named therein (the “September 2021 Underwriters”), relating to an underwritten offering (the “September 2021 Secondary Offering”) of 18,645,602 shares of common stock at approximately $43.52 per share, pursuant to the Company’s Registration Statement on Form S-1 (File No. 333-259477), filed on September 13, 2021. The September 2021 Secondary Offering also included the Company’s repurchase and simultaneous retirement of 4,500,000 shares out of the 18,645,602 shares of common stock at approximately $43.52, the same price granted to the September 2021 Underwriters, which was at a discount to the prevailing market price at the time of repurchase (see "Share Repurchases" in Note 2). The September 2021 Secondary Offering was completed on September 17, 2021. The Company did not receive any proceeds from the September 2021 Secondary Offering.</span></div>
CY2022Q1 us-gaap Number Of Stores
NumberOfStores
259 location
CY2022Q1 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
16 state
CY2022Q1 aso Number Of Distribution Centers
NumberOfDistributionCenters
3 distributionCenter
CY2022 us-gaap Fiscal Period
FiscalPeriod
The Company’s fiscal year represents the 52 or 53 weeks ending on the Saturday closest to January 31 each year. References herein to 2021, 2020 and 2019 relate to the 52-week fiscal years ended January 29, 2022, January 30, 2021, and February 1, 2020, respectively.
CY2020Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2020Q4 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
6100000 USD
CY2020Q4 aso Conversion Of Stock Conversion Ratio
ConversionOfStockConversionRatio
3.15
CY2020Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2021Q2 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
3229974 shares
CY2021Q2 us-gaap Share Based Compensation
ShareBasedCompensation
24900000 USD
CY2021Q2 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
15400000 USD
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Accelerated Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardAcceleratedCompensationCost
8200000 USD
CY2021Q3 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
4500000 shares
CY2022 us-gaap Use Of Estimates
UseOfEstimates
The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America ("GAAP") requires our management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities as of the date of the financial statements, as well as the reported amounts of revenues and expenses during the reporting period. Our management bases its estimates on historical experience and other assumptions it believes to be reasonable under the circumstances. Actual results could differ significantly from those estimates. Our most significant estimates and assumptions that materially affect the financial statements involve difficult, subjective or complex judgments by management including the valuation of merchandise inventories, and performing goodwill, intangible and long-lived asset impairment analyses. Given the global economic climate and the possibility of additional unforeseen effects from the COVID-19 pandemic, these estimates are becoming more challenging, and actual results could differ materially from our estimates.
CY2022 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
Within the merchandise division sales table presented in Note 3, certain products and categories were recategorized amongst various categories and divisions, respectively, during 2021 to better align with our current merchandising strategy and view of the business. As a result, we have reclassified sales between divisions for 2020 and 2019 for comparability purposes. This reclassification is in divisional presentation only and did not impact the overall net sales balances previously disclosed.
CY2020Q4 aso Conversion Of Stock Conversion Ratio
ConversionOfStockConversionRatio
3.15
CY2020Q4 aso Conversion Of Stock Conversion Ratio
ConversionOfStockConversionRatio
3.15
CY2022Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2022Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
300000000 shares
CY2020Q4 aso Conversion Of Stock Conversion Ratio
ConversionOfStockConversionRatio
3.15
CY2019Q4 us-gaap Reclassifications Of Temporary To Permanent Equity
ReclassificationsOfTemporaryToPermanentEquity
-14900000 USD
CY2022 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="padding-left:18pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Financial instruments which subject us to potential credit risk consist of cash and cash equivalents. We have established guidelines to limit our exposure to credit risk on cash and cash equivalents by placing investments with high credit quality financial institutions. Deposits with these financial institutions may exceed the amount of insurance provided; however, these deposits typically are redeemable upon demand. We believe that the financial risks associated with these financial instruments are minimal. </span></div><div style="padding-left:18pt;text-align:justify;text-indent:18pt"><span><br/></span></div><div style="padding-left:18pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We purchase merchandise inventories from approximately 1,200 vendors. In 2021, 2020 and 2019, purchases from our largest vendor represented approximately 11%, 12% and 14% of our total inventory purchases, respectively. No other vendor in any of the aforementioned years exceeded 10% of our purchases. We typically do not enter into long-term inventory purchase commitments and there were none as of January 29, 2022 or January 30, 2021. </span></div><div style="padding-left:18pt;text-align:justify;text-indent:18pt"><span><br/></span></div><div style="padding-left:18pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">A significant portion of our inventory purchases are manufactured outside of the United States, primarily in Asia. While we are not dependent on any single manufacturer outside of the United States, we could be adversely affected by political, health (including pandemic), safety, security, economic, tariff, climate or other disruptions affecting the business or operations of third-party manufacturers located outside of the United States.</span></div>
CY2022Q1 aso Number Of Vendors
NumberOfVendors
1200 vendor
CY2022 us-gaap Capitalized Computer Software Period Increase Decrease
CapitalizedComputerSoftwarePeriodIncreaseDecrease
36700000 USD
CY2021 us-gaap Capitalized Computer Software Period Increase Decrease
CapitalizedComputerSoftwarePeriodIncreaseDecrease
14500000 USD
CY2020 us-gaap Capitalized Computer Software Period Increase Decrease
CapitalizedComputerSoftwarePeriodIncreaseDecrease
12900000 USD
CY2022 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
400000 USD
CY2021 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
600000 USD
CY2020 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
600000 USD
CY2020 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 USD
CY2021 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 USD
CY2022 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 USD
CY2022 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2022 us-gaap Number Of Reporting Units
NumberOfReportingUnits
1 segment
CY2020 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2022 us-gaap Advertising Expense
AdvertisingExpense
151200000 USD
CY2021 us-gaap Advertising Expense
AdvertisingExpense
122800000 USD
CY2020 us-gaap Advertising Expense
AdvertisingExpense
142300000 USD
CY2022 us-gaap Pre Opening Costs
PreOpeningCosts
200000 USD
CY2020 us-gaap Pre Opening Costs
PreOpeningCosts
3200000 USD
CY2021 us-gaap Pre Opening Costs
PreOpeningCosts
0 USD
CY2021Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
500000000 USD
CY2021Q3 us-gaap Stock Repurchase Program Period In Force1
StockRepurchaseProgramPeriodInForce1
P3Y
CY2022 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
10566796 shares
CY2022 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
411400000 USD
CY2022Q1 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
188600000 USD
CY2022 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
6773128000 USD
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5689233000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4829897000 USD
CY2021Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
74253000 USD
CY2020Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
67993000 USD
CY2019Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
66153000 USD
CY2022 aso Contract With Customer Liability Increase From Cash Receipts
ContractWithCustomerLiabilityIncreaseFromCashReceipts
136553000 USD
CY2021 aso Contract With Customer Liability Increase From Cash Receipts
ContractWithCustomerLiabilityIncreaseFromCashReceipts
111160000 USD
CY2020 aso Contract With Customer Liability Increase From Cash Receipts
ContractWithCustomerLiabilityIncreaseFromCashReceipts
134839000 USD
CY2022Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
86568000 USD
CY2021Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
74253000 USD
CY2020Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
67993000 USD
CY2022Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
697750000 USD
CY2021Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
800000000 USD
CY2022Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
3000000 USD
CY2021Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
4000000 USD
CY2022Q1 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
2463000 USD
CY2021Q1 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
3861000 USD
CY2022Q1 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
8702000 USD
CY2021Q1 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
10650000 USD
CY2022Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
683585000 USD
CY2021Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
781489000 USD
CY2020Q4 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
1431400000 USD
CY2022 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-2200000 USD
CY2022Q1 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
21400000 USD
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
3000000 USD
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
3000000 USD
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
3000000 USD
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
3000000 USD
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
3000000 USD
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
682750000 USD
CY2022Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
697750000 USD
CY2020 aso Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Debt Refinancing Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossDebtRefinancingTax
0 USD
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
0 USD
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
350000 USD
CY2020 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
0 USD
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
980000 USD
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
-1000000 USD
CY2020 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
0 USD
CY2022 aso Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Debt Refinancing Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossDebtRefinancingTax
0 USD
CY2021 aso Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Debt Refinancing Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossDebtRefinancingTax
330000 USD
CY2022Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1410731000 USD
CY2021Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1346658000 USD
CY2022Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1064895000 USD
CY2021Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
968398000 USD
CY2022Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
345836000 USD
CY2021Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
378260000 USD
CY2022 us-gaap Depreciation
Depreciation
105300000 USD
CY2021 us-gaap Depreciation
Depreciation
105500000 USD
CY2020 us-gaap Depreciation
Depreciation
117300000 USD
CY2022Q1 us-gaap Interest Payable Current
InterestPayableCurrent
6583000 USD
CY2021Q1 us-gaap Interest Payable Current
InterestPayableCurrent
7684000 USD
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13054000 USD
CY2021Q1 us-gaap Sales And Excise Tax Payable Current
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6200000 USD
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5800000 USD
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25877000 USD
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1.1257
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1.1257
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3.79
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24000 shares
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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349000 shares
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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26000 USD
CY2021 us-gaap Current Foreign Tax Expense Benefit
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CY2021 us-gaap Current Income Tax Expense Benefit
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CY2020 us-gaap Current Income Tax Expense Benefit
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CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
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529000 USD
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CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
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CY2022 us-gaap Deferred Income Tax Expense Benefit
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CY2021 us-gaap Deferred Income Tax Expense Benefit
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CY2020 us-gaap Deferred Income Tax Expense Benefit
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CY2022 us-gaap Income Tax Expense Benefit
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CY2021 us-gaap Income Tax Expense Benefit
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CY2020 us-gaap Income Tax Expense Benefit
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CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2022 aso Effective Income Tax Rate Reconciliation Effect Of Pass Through Income Allocated To Members
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0
CY2021 aso Effective Income Tax Rate Reconciliation Effect Of Pass Through Income Allocated To Members
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-0.137
CY2020 aso Effective Income Tax Rate Reconciliation Effect Of Pass Through Income Allocated To Members
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
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0
CY2020 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
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0
CY2022 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
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0.000
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0.004
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0.000
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CY2022 us-gaap Effective Income Tax Rate Continuing Operations
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CY2021 us-gaap Effective Income Tax Rate Continuing Operations
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0.090
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
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CY2021Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
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CY2021Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
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CY2021Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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CY2021Q1 us-gaap Deferred Tax Assets Other
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36108000 USD
CY2021Q1 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Inventory Costs
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CY2022Q1 us-gaap Deferred Tax Liabilities Prepaid Expenses
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7505000 USD
CY2021Q1 us-gaap Deferred Tax Liabilities Prepaid Expenses
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CY2022Q1 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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25720000 USD
CY2021Q1 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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CY2022Q1 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
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180891000 USD
CY2021Q1 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
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0 USD
CY2022Q1 us-gaap Deferred Tax Liabilities Other
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337000 USD
CY2021Q1 us-gaap Deferred Tax Liabilities Other
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345000 USD
CY2022 us-gaap Operating Lease Cost
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CY2022Q1 aso Deferred Tax Liabilities Investments In Subsidiaries
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CY2021Q1 aso Deferred Tax Liabilities Investments In Subsidiaries
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138358000 USD
CY2022Q1 us-gaap Deferred Income Tax Liabilities
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CY2021Q1 us-gaap Deferred Income Tax Liabilities
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CY2022Q1 us-gaap Deferred Tax Liabilities
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CY2021Q1 us-gaap Deferred Tax Liabilities
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138703000 USD
CY2022Q1 us-gaap Unrecognized Tax Benefits
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CY2022Q1 us-gaap Lessee Operating Lease Renewal Term
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2500000 USD
CY2021 aso Lessee Operating Lease Number Of Extensions
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46 extension
CY2021 us-gaap Operating Lease Cost
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196794000 USD
CY2022 us-gaap Short Term Lease Cost
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CY2021 us-gaap Short Term Lease Cost
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CY2022 us-gaap Variable Lease Cost
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CY2021 us-gaap Variable Lease Cost
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CY2021 us-gaap Sublease Income
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756000 USD
CY2022 us-gaap Lease Cost
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204592000 USD
CY2021 us-gaap Lease Cost
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CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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203554000 USD
CY2021 us-gaap Operating Lease Payments
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179723000 USD
CY2022Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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CY2021Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P11Y
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CY2021Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
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0.091
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198725000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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192775000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
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184030000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
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177496000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
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169563000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
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CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due
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1824672000 USD
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663928000 USD
CY2022Q1 us-gaap Operating Lease Liability
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CY2021Q2 us-gaap Stock Repurchased And Retired During Period Shares
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3229974 shares
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30.96
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100000000 USD
CY2021 us-gaap Payments For Repurchase Of Equity
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CY2020Q3 us-gaap Distribution Made To Limited Liability Company Llc Member Cash Distributions Paid
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257000000 USD
CY2020Q3 us-gaap Distribution Made To Limited Liability Company Llc Member Cash Distributions Paid
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257000000 USD
CY2022 us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
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1
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15600000 USD
CY2021 us-gaap Defined Contribution Plan Cost Recognized
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13200000 USD
CY2020 us-gaap Defined Contribution Plan Cost Recognized
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12400000 USD
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CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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1791530000 USD
CY2021Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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1592795000 USD
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1808470000 USD
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CY2021Q3 us-gaap Gross Profit
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642496000 USD
CY2021Q4 us-gaap Gross Profit
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560838000 USD
CY2022Q1 us-gaap Gross Profit
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584060000 USD
CY2021Q2 us-gaap Operating Income Loss
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239074000 USD
CY2021Q3 us-gaap Operating Income Loss
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254558000 USD
CY2021Q4 us-gaap Operating Income Loss
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216113000 USD
CY2022Q1 us-gaap Operating Income Loss
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198202000 USD
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0 USD
CY2021Q3 us-gaap Gains Losses On Extinguishment Of Debt
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-2239000 USD
CY2021Q4 us-gaap Gains Losses On Extinguishment Of Debt
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0 USD
CY2022Q1 us-gaap Gains Losses On Extinguishment Of Debt
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0 USD
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177796000 USD
CY2021Q3 us-gaap Net Income Loss
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190510000 USD
CY2021Q4 us-gaap Net Income Loss
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161305000 USD
CY2022Q1 us-gaap Net Income Loss
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141770000 USD
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1.93
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2.06
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1.77
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1.61
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1.84
CY2021Q3 us-gaap Earnings Per Share Diluted
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1.99
CY2021Q4 us-gaap Earnings Per Share Diluted
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1.72
CY2022Q1 us-gaap Earnings Per Share Diluted
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1.57
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92088000 shares
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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92627000 shares
CY2021Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
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91140000 shares
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
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87970000 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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96472000 shares
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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95891000 shares
CY2021Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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93844000 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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90475000 shares
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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1136301000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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1606420000 USD
CY2020Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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1349076000 USD
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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1597436000 USD
CY2020Q2 us-gaap Gross Profit
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297945000 USD
CY2020Q3 us-gaap Gross Profit
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496501000 USD
CY2020Q4 us-gaap Gross Profit
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440511000 USD
CY2021Q1 us-gaap Gross Profit
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499088000 USD
CY2020Q2 us-gaap Operating Income Loss
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14022000 USD
CY2020Q3 us-gaap Operating Income Loss
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183788000 USD
CY2020Q4 us-gaap Operating Income Loss
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81556000 USD
CY2021Q1 us-gaap Operating Income Loss
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141032000 USD
CY2020Q2 us-gaap Gains Losses On Extinguishment Of Debt
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0 USD
CY2020Q3 us-gaap Gains Losses On Extinguishment Of Debt
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7831000 USD
CY2020Q4 us-gaap Gains Losses On Extinguishment Of Debt
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0 USD
CY2021Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-4249000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-10020000 USD
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
74439000 shares
CY2020Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
80714000 shares
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
94377000 shares
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
167676000 USD
CY2020Q4 us-gaap Net Income Loss
NetIncomeLoss
59586000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
91522000 USD
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.14
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.31
CY2020Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.78
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.01
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.14
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.25
CY2020Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.74
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.97
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
72474000 shares
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
72478000 shares
CY2020Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
76771000 shares
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
90253000 shares
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
72474000 shares

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