Income Taxes (Tables)

12 Months Ended

Feb. 03, 2018

Income Tax Disclosure [Abstract]

Schedule of Income Tax Provision

The income tax provision consisted of the following:

	Fiscal 2017			Fiscal 2016			Fiscal 2015
	(in thousands)
Current:
Federal	$	39,376		$	49,994		$	15,622
Foreign	266			260			210
State	4,877			5,654			1,683
Deferred:
Federal	(3,669		)	(8,483		)	(25,004		)
State	1,750			75			(9,411		)
Income tax provision (benefit)	$	42,600		$	47,500		$	(16,900	)

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation between the statutory federal income tax rate and the effective income tax rate follows:

	Fiscal 2017		Fiscal 2016		Fiscal 2015
Federal income tax rate (blended rate for fiscal 2017 due to the Tax Act)	33.8	%	35.0	%	35.0	%
State income tax, net of federal tax benefit	3.2		3.4		4.3
Impact of the Tax Act	(5.6	)	—		—
Excess share based compensation	0.9		—		—
Goodwill impairment	—		—		(124.2	)
Outside basis difference - Boston Proper sale	—		(2.8	)	165.2
Other state benefits associated with sale and liquidation of Boston Proper	—		(0.3	)	20.1
Enhanced charitable contribution	(1.1	)	(1.9	)	19.3
Executive compensation limitation	0.7		1.2		(7.3	)
Foreign losses with full valuation allowance	0.1		0.2		(2.9	)
Federal tax credits	(1.2	)	(0.5	)	3.4
Other items, net	(1.1	)	(0.1	)	0.4
Total	29.7	%	34.2	%	113.3	%

Schedule of Deferred Tax Assets and Liabilities

These differences consist of the following as of February 3, 2018 and January 28, 2017:

	February 3, 2018			January 28, 2017
	(in thousands)
Deferred tax assets:
Accrued liabilities and allowances	$	9,690		$	17,790
Accrued straight-line rent	13,364			20,361
Stock-based compensation	5,606			10,329
Property related	2,009			1,816
Charitable contribution limitation carryforwards	2,604			5,109
State tax credits and net operating loss carryforwards	5,548			5,105
Other	1,879			3,376
Total deferred tax assets	40,700			63,886
Valuation allowance	(444		)	(749		)
Net deferred tax assets	40,256			63,137
Deferred tax liabilities:
Other	(119		)	—
Prepaid expenses	(4,823		)	(2,976		)
Property related	(23,961		)	(43,271		)
Other intangible assets	(16,666		)	(24,197		)
Total deferred tax liabilities	(45,569		)	(70,444		)
Net deferred taxes	$	(5,313	)	$	(7,307	)

Schedule of Uncertain Tax Positions Reconciliation

A reconciliation of the beginning and ending amounts of uncertain tax positions for each of fiscal 2017, fiscal 2016 and fiscal 2015 is as follows:

	Fiscal 2017			Fiscal 2016			Fiscal 2015
	(in thousands)
Balance at beginning of year	$	5,158		$	4,840		$	2,532
Additions for tax positions of prior years	—			1,280			2,618
Reductions for tax positions of prior years	(105		)	(1		)	(56		)
Additions for tax positions for the current year	289			246			259
Settlements/payments with tax authorities	(3,667		)	(850		)	—
Reductions due to lapse of applicable statutes of limitation	(153		)	(357		)	(513		)
Balance at end of year	$	1,522		$	5,158		$	4,840