Income Taxes (Tables)

12 Months Ended

Jan. 30, 2016

The income tax provision (benefit) is comprised of the following amounts (in thousands):



	Fiscal Year Ended January 30, 2016			Fiscal Year Ended January 31, 2015
Current:
Federal	$	22		$	251
State and local	429			296
Foreign	—			—
	451			547
Deferred:
Federal	(3,620		)	1,066
State and local	(531		)	188
Foreign	697			(144		)
	(3,454		)	1,110
Income tax (benefit) provision	(3,003		)	1,657
Valuation allowance adjustment	3,454			(1,110		)
Income tax provision	$	451		$	547

Reconciliation of Statutory Federal Income Tax Rate to Pretax Income

The income tax provision (benefit) differs from the amount obtained by applying the statutory Federal income tax rate to pretax income as follows (in thousands):



	Fiscal Year Ended January 30, 2016			Fiscal Year Ended January 31, 2015
(Benefit) provision at Federal statutory rates	$	(3,927	)	$	1,118
Permanent adjustments	91			47
State tax, net of Federal	(203		)	415
Change in valuation allowance	3,454			(1,111		)
Prior year adjustments	1,033			134
Foreign rate differential	3			(59		)
Other	—			3
Income tax provision	$	451		$	547

Schedule of Deferred Tax Liabilities

Net deferred tax liabilities, which are included in other long-term liabilities on the accompanying consolidated balance sheets as of January 30, 2016 and January 31, 2015, reflect the tax effect of the following differences between financial statement carrying amounts and tax bases of assets and liabilities as follows (in thousands):



	January 30, 2016			January 31, 2015
Assets:
Net operating loss and tax credit carryforwards	$	11,625		$	7,142
Foreign net operating loss carryforwards	2,432			3,129
Inventories	6,293			7,862
Property and equipment	5,972			8,810
Accounts receivable allowances	260			295
Goodwill and intangibles	102			194
Accrued interest	10,381			8,744
Deferred rent	3,489			3,481
Accrued expenses	4,139			3,382
Share-based compensation	3,021			2,933
Other	2,816			2,566
Total deferred tax assets	50,530			48,538
Valuation allowance	(49,203		)	(45,749		)
Net deferred tax assets	1,327			2,789
Liabilities:
Tradename	(3,400		)	(3,400		)
Intangibles	(1,327		)	(2,789		)
Total deferred tax liabilities, net	$	(3,400	)	$	(3,400	)

Schedule of Unrecognized Tax Benefits and Related Interest and Penalties

The balance of unrecognized tax benefits, the amount of related interest and penalties we have provided and what we believe to be the range of reasonably possible changes in the next twelve months, were (in thousands):



	Fiscal Year Ended January 30, 2016		Fiscal Year Ended January 31, 2015
Unrecognized tax benefits	$	1,219	$	1,079
Portion if recognized would reduce tax expense and effective rate	1,219		1,079
Accrued interest on unrecognized tax benefits	717		647
Accrued penalties on unrecognized tax benefits	220		244

Reconciliation of Beginning and Ending Unrecognized Tax Benefits

A reconciliation of the beginning and ending amounts of unrecognized tax benefits is as follows (in thousands):



	Fiscal Year Ended January 30, 2016			Fiscal Year Ended January 31, 2015
Balance at beginning of year	$	1,079		$	1,007
Additions for tax positions of the current year	162			71
Additions for tax positions of prior years	82			30
Reductions for tax positions of prior years	(104		)	(29		)
Balance at end of year	$	1,219		$	1,079