Income Taxes (Tables)

12 Months Ended

Feb. 01, 2014

Income Tax Disclosure [Abstract]

Components of Earnings Before Income Taxes

The components of earnings before income taxes are (in thousands):

	Fiscal Year Ended
	February 1, 2014		February 2, 2013			January 28, 2012
United States	$	71,288	$	75,054		$	62,794
Foreign		676		(4,775	)		(1,105	)
Total earnings before income taxes	$	71,964	$	70,279		$	61,689

Components of Provision for Income Taxes

The components of the provision for income taxes are (in thousands):

	Fiscal Year Ended
	February 1, 2014			February 2, 2013			January 28, 2012
Current:
Federal	$	22,925		$	24,002		$	17,013
State and local		3,544			4,689			3,884
Foreign		525			1,054			—
Total current		26,994			29,745			20,897
Deferred:
Federal		629			551			3,358
State and local		74			(370	)		83
Foreign		(1,681	)		(1,811	)		—
Total deferred		(978	)		(1,630	)		3,441
Provision for income taxes	$	26,016		$	28,115		$	24,338

Reconciliation of Effective Income Tax Rate to U.S. Federal Statutory Rate

The reconciliation of the income tax provision at the U.S. federal statutory rate to our effective income tax rate is as follows:

	Fiscal Year Ended
	February 1, 2014			February 2, 2013			January 28, 2012
Expected U.S. federal income taxes at statutory rates		35.0	%		35.0	%		35.0	%
State and local income taxes, net of federal effect		3.3			4.4			4.1
Other		(2.2	)		0.6			0.4
Effective tax rate		36.1	%		40.0	%		39.5	%

Components of Deferred Income Taxes

The components of deferred income taxes are (in thousands):

	February 1, 2014			February 2, 2013
Deferred tax assets:
Deferred rent	$	16,779		$	15,989
Employee benefits, including stock based compensation		5,967			5,915
Accrued liabilities		2,507			1,768
Net operating losses		2,045			846
Inventory		672			943
Other		1,251			871
Total deferred tax assets		29,221			26,332
Deferred tax liabilities:
Property and equipment		(19,937	)		(18,233	)
Goodwill and other intangibles		(7,463	)		(6,965	)
Other		(543	)		(543	)
Total deferred tax liabilities		(27,943	)		(25,741	)
Valuation allowance		—			(417	)
Net deferred tax assets	$	1,278		$	174
Reported as:
Current deferred tax assets	$	5,194		$	3,885
Long-term deferred tax assets (included in long-term other assets)		733			1,846
Current deferred income tax liabilities (included in other liabilities)		—			(13	)
Long-term deferred tax liabilities		(4,649	)		(5,544	)
Net deferred tax assets	$	1,278		$	174