Income Taxes (Tables)

12 Months Ended

Jan. 28, 2017

Income Tax Disclosure [Abstract]

Components of Income Tax (Benefit) Expense

The components of the income tax expense are as follows (in thousands):

	Fiscal Year
	2016			2015			2014
Current:
Federal	$	40,053		$	30,976		$	28,480
State	4,900			4,626			3,218
	44,953			35,602			31,698
Deferred:
Federal	(1,772		)	349			(2,544		)
State	(760		)	(975		)	(519		)
	(2,532		)	(626		)	(3,063		)
Income tax expense	$	42,421		$	34,976		$	28,635

Reconciliation of Statutory Federal Income Tax Rate to Effective Income Tax Rate

The reconciliation of the statutory federal income tax rate to the Company’s effective income tax rate is as follows:

	Fiscal Year
	2016		2015		2014
Statutory federal tax rate	35.0	%	35.0	%	35.0	%
State taxes, net of federal benefit	2.4		2.6		2.2
Other	(0.3	)	0.1		0.2
	37.1	%	37.7	%	37.4	%

Significant Components of Deferred Tax Assets and Liabilities

The tax effects of temporary differences that give rise to deferred tax assets and liabilities are (in thousands):

	January 28, 2017			January 30, 2016
Deferred tax assets:
Inventories	$	10,223		$	9,082
Deferred revenue	416			297
Accrued bonus	2,465			1,820
Deferred rent	22,753			19,733
Other	6,999			5,522
Deferred tax assets	42,856			36,454
Deferred tax liabilities:
Property and equipment	(30,349		)	(26,780		)
Other	(1,468		)	(1,167		)
Deferred tax liabilities	(31,817		)	(27,947		)
	$	11,039		$	8,507