Income Taxes (Tables)

12 Months Ended

Feb. 01, 2014

Income Tax Disclosure [Abstract]

Schedule of Income before Income Tax, Domestic and Foreign

Income from continuing operations before taxes was comprised of (in thousands):

	2013		2012		2011
Domestic	$	37,325	$	302,589	$	192,312
Foreign	35,952		64,356		25,495
Total	$	73,277	$	366,945	$	217,807

Schedule of Components of Income Tax Expense (Benefit)

The provision for tax expense from continuing operations consisted of (in thousands):

	2013			2012			2011
Current:
Federal	$	52,579		$	111,761		$	100,495
State	(4,988		)	15,323			11,085
Foreign	17,851			17,984			13,262
	$	65,442		$	145,068		$	124,842
Deferred:
Federal	$	(36,732	)	$	(10,456	)	$	(32,776	)
State	(4,606		)	458			(8,662		)
Foreign	(5,455		)	(5,136		)	(8,735		)
	$	(46,793	)	$	(15,134	)	$	(50,173	)
Total provision	$	18,649		$	129,934		$	74,669

Schedule of Effective Income Tax Rate Reconciliation

Reconciliation between the statutory federal income tax rate and the effective tax rate for continuing operations is as follows:

	2013		2012		2011
Federal income tax rate	35.0	%	35.0	%	35.0	%
State income tax, net of federal income tax effect	(10.2	)	2.7		3.9
Tax effect of foreign earnings	2.1		(1.8	)	(3.0	)
Other items, net	(1.4	)	(0.5	)	(1.6	)
Total	25.5	%	35.4	%	34.3	%

Schedule of Deferred Tax Assets and Liabilities

The effect of temporary differences which gives rise to deferred income tax assets (liabilities) were as follows (in thousands):

	2013			2012
Deferred tax assets:
Deferred compensation	$	91,585		$	83,529
Accrued expenses and reserves	22,403			18,971
Rent	49,170			39,061
Net operating losses (NOL) and credit carryforwards	12,611			12,107
Reserves	—			6,698
Realized and unrealized investment losses	—			592
Other	307			—
Valuation allowance	(202		)	(158		)
Total deferred tax assets	$	175,874		$	160,800
Deferred tax liabilities:
Property, equipment and intangibles	(36,266		)	(57,875		)
Inventory	(8,487		)	(13,156		)
Store supplies	(7,798		)	(9,990		)
Prepaid expenses	(2,116		)	—
Other	(3,754		)	(2,140		)
Total deferred tax liabilities	$	(58,421	)	$	(83,161	)
Net deferred income tax assets	$	117,453		$	77,639

Summary of Positions for which Significant Change in Unrecognized Tax Benefits is Reasonably Possible

A reconciliation of the beginning and ending amounts of uncertain tax positions is as follows:    

	2013			2012			2011
	(in thousands)
Uncertain tax positions, beginning of the year	$	11,116		$	13,404		$	14,827
Gross addition for tax positions of the current year	449			1,084			1,183
Gross addition for tax positions of prior years	30			227			1,602
Reductions of tax positions of prior years for:
Lapses of applicable statutes of limitations	(2,880		)	(2,053		)	(2,448		)
Settlements during the period	(3,936		)	(1,480		)	(1,631		)
Changes in judgment	(597		)	(66		)	(129		)
Uncertain tax positions, end of year	$	4,182		$	11,116		$	13,404