Please perform a horizontal and vertical analysis, as well as providing liquidity ratios for the following:

lululemon athletica inc. CONSOLIDATED BALANCE SHEETS (Amounts in thousands, except per share amounts) January 31, 2021 February 2, 2020 ASSETS $ $ Current assets Cash and cash equivalents Accounts receivable Inventories Prepaid and receivable income taxes Prepaid expenses and other current assets Property and equipment, net Right-of-use lease assets Goodwill Intangible assets, net Deferred income tax assets Other non-current assets 1,150,517 62,399 647,230 139,126 125,107 2,124,379 745,687 734,835 386,877 80,080 6,731 106,626 4,185,215 1,093,505 40,219 518,513 85,159 70,542 1,807,938 671,693 689,664 24,182 241 31,435 56,201 3,281,354 $ $ $ LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities Accounts payable Accrued inventory liabilities Other accrued liabilities Accrued compensation and related expenses Current lease liabilities Current income taxes payable Unredeemed gift card liability Other current liabilities 172,246 $ 14,956 211,911 130,171 166,091 8,357 155,848 23,598 883,178 632,590 43,150 58,755 8,976 1,626,649 79,997 6,344 112,641 133,688 128,497 26,436 120,413 12,402 620,418 611,464 48,226 Non-current lease liabilities Non-current income taxes payable Deferred income tax liabilities Other non-current liabilities 43,432 5,596 1,329,136 IT Commitments and contingencies Stockholders' equity Undesignated preferred stock, $0.01 par value: 5,000 shares authorized; none issued and outstanding Exchangeable stock, no par value: 60,000 shares authorized; 5,203 and 6,227 issued and outstanding Special voting stock, $0.000005 par value: 60,000 shares authorized; 5,203 and 6,227 issued and outstanding Common stock, $0.005 par value: 400,000 shares authorized; 125,150 and 124,122 issued and outstanding Additional paid-in capital Retained earnings Accumulated other comprehensive loss 626 388,667 2,346,428 (177,155) 2,558,566 4,185,215 $ 621 355,541 1,820,637 (224,581) 1,952,218 3,281,354 $ See accompanying notes to the consolidated financial statements 41 lululemon athletica inc. CONSOLIDATED STATEMENTS OF CASH FLOWS (Amounts in thousands) January 31, 2021 Fiscal Year Ended February 2, 2020 February 3, 2019 $ 588,913 $ 645,596 $ 483,801 161,933 45,593 185,478 50,797 (13,696) 4,485 34,908 (11,939) (1,925) 24,129 122,484 28,568 (6,859) (14,876) 16,786 (85,942) (437) (96,548) (53,966) (70,999) (49,056) 82,663 8,046 91,115 (6,692) (24,125) 47,962 13,267 10,784 803,336 Cash flows from operating activities Net income Adjustments to reconcile net income to net cash provided operating activities: Depreciation and amortization Stock-based compensation expense Derecognition of unredeemed gift card liability Settlement of derivatives not designated in a hedging relationship Deferred income taxes Changes in operating assets and liabilities: Inventories Prepaid and receivable income taxes Prepaid expenses and other current assets Other non-current assets Accounts payable Accrued inventory liabilities Other accrued liabilities Accrued compensation and related expenses Current and non-current income taxes payable Unredeemed gift card liability Right-of-use lease assets and current and non-current lease liabilities Other current and non-current liabilities Net cash provided by operating activities Cash flows from investing activities Purchase of property and equipment Settlement of net investment hedges Acquisition, net of cash acquired Other investing activities Net cash used in investing activities Cash flows from financing activities Proceeds from settlement of stock-based compensation Taxes paid related to net share settlement of stock-based compensation Repurchase of common stock Other financing activities Net cash used in financing activities Effect of exchange rate changes on cash Increase (decrease) in cash and cash equivalents Cash and cash equivalents, beginning of period Cash and cash equivalents, end of period (117,591) (35,775) (53,754) (27,852) (14,810) (9,598) 14,276 25,326 (34,137) 33,289 17,422 9,133 669,316 (28,546) (2,107) 71,962 4,312 9,416 41,600 46,428 24,885 31,304 742,779 (225,807) (283,048) 347 (16,216) (229,226) (14,607) (452,581) 882 4.293 (771) (242,794) (695,532) (278,408) 15,263 (32,388) (63,663) 18,170 (21,944) (173,399) (80,788) 29,996 57,012 1,093,505 $ 1,150,517 $ (177,173) (1,550) 212,185 881,320 $ 1,093,505 $ 17,650 (8,779) (598,340) (745) (590,214) (18,952) (109,181) 990,501 881,320 $ $ See accompanying notes to the consolidated financial statements 45 lululemon athletica inc. CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (Amounts in thousands, except per share amounts) Net revenue Cost of goods sold Gross profit Selling, general and administrative expenses Amortization of intangible assets Acquisition-related expenses Income from operations Other income (expense), net Income before income tax expense Income tax expense Net income Fiscal Year Ended January 31, February 2, February 3, 2021 2020 2019 $ 4,401,879 $ 3,979,296 $ 3,288,319 1,937,888 1,755,910 1,472,032 2,463,991 2,223,386 1,816,287 1,609,003 1,334,247 1,110,379 5,160 29 72 29,842 819,986 889,110 705,836 (636) 8,283 9,414 819,350 897,393 715,250 230,437 251,797 231,449 $ 588,913 $ 645,596 $ 483,801 Other comprehensive income (loss), net of tax: Foreign currency translation adjustment Comprehensive income 47,426 (7,773) 637,823 $ (73,885) 409,916 $ 636,339 $ $ 4.52 $ 3.63 4.95 $ 4.93 $ $ 4.50 $ 3.61 Basic earnings per share Diluted earnings per share Basic weighted average number of shares outstanding Diluted weighted-average number of shares outstanding 130,289 130,871 130,393 130,955 133,413 133,971 See accompanying notes to the consolidated financial statements 42