lululemon athletica inc
For the period ended Oct 27, 2024. Filed Dec 5, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Oct 27, 2024 · Filed Dec 5, 2024
LULU$112.53+1.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Supplementary Financial Information
Note 11. Supplementary Financial Information
A summary of certain consolidated balance sheet accounts is as follows:
| October 27,2024 | January 28,2024 | |
|---|---|---|
| (In thousands) | ||
| Inventories: | ||
| Inventories, at cost | $1,914,758 | $1,465,076 |
| Inventory provisions and reserves | (113,865) | (141,474) |
| $1,800,893 | $1,323,602 | |
| Prepaid expenses and other current assets: | ||
| Prepaid expenses | $146,692 | $137,203 |
| Forward currency contract assets | 36,076 | 647 |
| Other current assets | 32,403 | 46,652 |
| $215,171 | $184,502 | |
| Property and equipment, net: | ||
| Land | $77,839 | $79,498 |
| Buildings | 28,451 | 29,032 |
| Leasehold improvements | 1,204,260 | 1,006,926 |
| Furniture and fixtures | 169,082 | 156,656 |
| Computer hardware | 192,608 | 176,597 |
| Computer software | 1,237,123 | 1,032,567 |
| Equipment and vehicles | 49,870 | 34,017 |
| Work in progress | 165,045 | 247,943 |
| Property and equipment, gross | 3,124,278 | 2,763,236 |
| Accumulated depreciation | (1,426,519) | (1,217,425) |
| $1,697,759 | $1,545,811 | |
| Other non-current assets: | ||
| Cloud computing arrangement implementation costs | $155,457 | $133,597 |
| Security deposits | 45,386 | 31,825 |
| Other | 31,751 | 21,262 |
| $232,594 | $186,684 | |
| October 27,2024 | January 28,2024 | |
|---|---|---|
| (In thousands) | ||
| Accrued liabilities and other: | ||
| Accrued operating expenses | $225,305 | $147,215 |
| Sales return allowances | 76,365 | 61,634 |
| Accrued freight | 79,985 | 41,241 |
| Accrued capital expenditures | 31,497 | 31,936 |
| Accrued duty | 50,998 | 25,817 |
| Accrued rent | 21,039 | 12,522 |
| Accrued inventory liabilities | 10,093 | 4,783 |
| Sales tax collected | 14,928 | 3,088 |
| Forward currency contract liabilities | 33,768 | 2,872 |
| Other | 17,637 | 17,447 |
| $561,615 | $348,555 | |
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