Income Taxes (Tables)

12 Months Ended

Feb. 02, 2013

Income Taxes [Abstract]

Deferred tax assets and liabilities

Temporary differences, which give rise to deferred tax assets and liabilities, are as follows:

	February 2, 2013			January 28, 2012
				(Restated)
Gross deferred tax assets:
Unredeemed gift and return card liabilities	$	277		$	1,023
Deferred rent liability		9,862			8,910
Deferred compensation liability		4,985			1,557
Insurance reserves		2,359			2,550
Share-based compensation		3,915			3,950
Store closing reserves		806			1,191
Accrued vacation		2,523			2,480
Other accrued liabilities		3,803			2,123
Unredeemed credit card awards		726			758
NOL and credit carry forwards		554			1,043
Other		158			214
Gross deferred tax assets		29,968			25,799
Gross deferred tax liabilities:
Inventory		4,580			3,210
Property and equipment		28,789			22,141
Prepaid items		1,411			1,123
Other assets		86			135
Gross deferred tax liabilities		34,866			26,609
Net deferred tax liability	$	(4,898	)	$	(810	)

Deferred tax assets (liabilities) reflection on consolidated balance sheets

Deferred tax assets (liabilities) are reflected on the Consolidated Balance Sheets as follows:

	February 2, 2013			January 28, 2012
				(Restated)
Current deferred tax assets (included in Other current assets)	$	2,602		$	2,049
Non-current deferred tax liabilities (included in Other liabilities)		(7,500	)		(2,859	)
Net deferred tax liability	$	(4,898	)	$	(810	)

Components of income tax expense (benefit)

The components of income tax expense (benefit) are as follows:

	2012		2011			2010
			(Restated)			(Restated)
Current:
Federal	$	7,358	$	(837	)	$	10,980
State		697		805			(305	)
		8,055		(32	)		10,675
Deferred:
Federal		2,512		11,989			(10,505	)
State		404		258			(1,858	)
		2,916		12,247			(12,363	)
Income tax expense (benefit)	$	10,971	$	12,215		$	(1,688	)

Determination of income tax by applying statutory U.S. corporate tax rate to pre-tax amounts

The income tax provision differs from the amount of income tax determined by applying the statutory U.S. corporate tax rate to pre-tax amounts due to the following items:

	2012			2011			2010
				(Restated)			(Restated)
Federal tax at the statutory rate		35.0	%		35.0	%		35.0	%
State income taxes, net of federal benefit		2.1	%		4.5	%		1.1	%
Valuation allowance		0.0	%		0.0	%		(39.1	)%
Permanent differences and other		(6.6	)%		(1.5	)%		(0.1	)%
Effective tax rate		30.5	%		38.0	%		(3.1	)%

Reconciliation of change in amount of unrecognized tax benefits

The following is a reconciliation of the change in the amount of unrecognized tax benefits from January 31, 2010 to February 2, 2013:

	2012			2011			2010
				(Restated)			(Restated)
Beginning balance	$	1,476		$	3,062		$	5,163
Increases due to:
Tax positions taken in prior years		—			587			526
Settlements with taxing authorities		—			—			12
Decreases due to:
Tax positions taken in prior years		(765	)		—			(2,553	)
Settlements with taxing authorities		—			(2,101	)		—
Lapse of statute of limitations		(80	)		(72	)		(86	)
Ending balance	$	631		$	1,476		$	3,062