INCOME TAXES (Tables)

12 Months Ended

Jan. 31, 2015

INCOME TAXES

Earnings before income taxes

	Fiscal Year
	2014			2013		2012
United States	$	(44,346	)	$	82,061	$	143,215
Foreign		49,722			44,747		54,457
Total	$	5,376		$	126,808	$	197,672

Provision for income taxes

	Fiscal Year
	2014			2013		2012
Current tax expense (benefit):
Federal	$	7,328		$	27,438	$	41,107
State		(975	)		3,434		5,430
Foreign		12,225			9,447		13,892
Deferred tax expense (benefit):
Federal and state		(12,450	)		961		5,739
Foreign		(657	)		1,311		(559	)
Total	$	5,471		$	42,591	$	65,609

Effective tax rate reconciliation

	Fiscal Year
	2014			2013			2012
Federal statutory rate		35.0	%		35.0	%		35.0	%
State income taxes, net of federal benefit		2.2			2.7			2.9
Net change in tax accruals		(0.6	)		0.1			(0.2	)
Foreign tax rate differential		(85.0	)		(3.2	)		(2.3	)
Amortizable tax goodwill		(32.5	)		(1.4	)		(0.9	)
Non-deductible transaction costs		187.8			—			—
Valuation allowance		(10.7	)		0.4			0.3
Other		5.6			—			(1.6	)
		101.8	%		33.6	%		33.2	%

Schedule of deferred tax assets and liabilities and the related temporary differences

	January 31, 2015			February 1, 2014
Deferred tax assets:
Accrued rent and other expenses	$	54,509		$	43,731
Accrued compensation		29,533			21,457
Accrued inventory markdowns		3,776			2,471
Other		1,149			2,013
Tax loss and other carryforwards		11,460			12,093
Total deferred tax assets		100,427			81,765
Valuation allowance		(602	)		(1,177	)
Net deferred tax assets		99,825			80,588
Deferred tax liabilities:
Property and equipment		(98,752	)		(73,401	)
Capitalized inventory costs		(28,644	)		(4,557	)
Intangibles		(257,297	)		(17,073	)
Total deferred tax liabilities		(384,693	)		(95,031	)
Net deferred tax liabilities	$	(284,868	)	$	(14,443	)

Summary of activity related to unrecognized tax benefits

	January 31, 2015			February 1, 2014
Gross unrecognized tax benefits, beginning balance	$	2,930		$	3,917
Increase in tax positions for prior years		—			245
Decrease in tax positions for prior years		(1	)		(7	)
Increase in tax positions due to business combinations		16,982			—
Increase in tax positions for current year		124			212
Decrease in tax positions for current year		—			—
Settlements		(7	)		(1,052	)
Lapse from statute of limitations		(252	)		(385	)
Gross unrecognized tax benefits, ending balance	$	19,776		$	2,930