lululemon athletica inc
For the period ended May 4, 2025. Filed Jun 5, 2025.
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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.
May 4, 2025 · Filed Jun 5, 2025
LULU$110.37-1.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Supplementary Financial Information
Note 9. Supplementary Financial Information
A summary of certain consolidated balance sheet accounts is as follows:
| May 4,2025 | February 2,2025 | |
|---|---|---|
| (In thousands) | ||
| Inventories: | ||
| Inventories, at cost | $1,740,318 | $1,526,055 |
| Inventory provisions and reserves | (88,227) | (83,974) |
| $1,652,091 | $1,442,081 | |
| Prepaid expenses and other current assets: | ||
| Prepaid expenses | $163,683 | $147,680 |
| Forward currency contract assets | 41,046 | 76,848 |
| Other current assets | 28,904 | 26,931 |
| $233,633 | $251,459 | |
| Property and equipment, net: | ||
| Land | $78,277 | $74,461 |
| Buildings | 28,554 | 27,655 |
| Leasehold improvements | 1,262,739 | 1,227,247 |
| Furniture and fixtures | 184,688 | 177,651 |
| Computer hardware | 207,208 | 202,479 |
| Computer software | 1,364,179 | 1,274,322 |
| Equipment and vehicles | 54,556 | 51,453 |
| Work in progress | 229,636 | 206,398 |
| Property and equipment, gross | 3,409,837 | 3,241,666 |
| Accumulated depreciation | (1,563,228) | (1,461,049) |
| $1,846,609 | $1,780,617 | |
| Other non-current assets: | ||
| Cloud computing arrangement implementation costs | $168,592 | $161,759 |
| Security deposits | 52,819 | 44,076 |
| Other | 35,006 | 32,006 |
| $256,417 | $237,841 | |
| May 4,2025 | February 2,2025 | |
|---|---|---|
| (In thousands) | ||
| Accrued liabilities and other: | ||
| Accrued operating expenses | $163,315 | $166,745 |
| Forward currency contract liabilities | 42,126 | 74,638 |
| Sales return allowances | 61,574 | 73,892 |
| Accrued freight | 47,909 | 53,121 |
| Accrued duty | 70,097 | 45,400 |
| Accrued digital marketing | 28,147 | 45,392 |
| Accrued capital expenditures | 26,264 | 36,690 |
| Accrued rent | 18,803 | 17,962 |
| Sales tax collected | 22,033 | 16,967 |
| Other | 26,728 | 28,656 |
| $506,996 | $559,463 | |
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