Quarterly Results of Operations (Unaudited) (Tables)

12 Months Ended

Jan. 30, 2021

Quarterly Financial Information Disclosure [Abstract]

Schedule of Quarterly Results

	Net Sales		Gross Margin		Net (Loss) Income		Net (Loss) Income Per Common Share - Basic		Net (Loss) Income Common and Common Equivalent Share - Diluted
	(dollars in thousands, except per share amounts)
Fiscal year ended January 30, 2021:
First quarter (1)	$	280,264	$	(11,095)	$	(178,290)	$	(1.55)	$	(1.55)
Second quarter (2)	306,174		44,766		(46,845)		(0.40)		(0.40)
Third quarter (3)	351,416		77,164		(55,868)		(0.48)		(0.48)
Fourth quarter (4)	386,197		73,338		(79,141)		(0.68)		(0.68)
Fiscal year ended February 1, 2020:
First quarter (5)	$	517,728	$	190,831	$	2,025	$	0.02	$	0.02
Second quarter (5)	508,356		168,622		(2,309)		(0.02)		(0.02)
Third quarter (6)	484,706		171,038		(8,123)		(0.07)		(0.07)
Fourth quarter (5)	527,085		171,387		(4,347)		(0.04)		(0.04)

(1) Results for the first quarter of fiscal 2020 include the following after-tax charges as a result of the impact of the pandemic: inventory write-offs of $26.1 million; long-lived asset store impairment of $13.9 million; right of use store asset impairment of $1.8 million; goodwill impairment charges of $68.4 million; and impairments on indefinite-lived intangible assets of $24.6 million.

(2) Results for the second quarter of fiscal 2020 include inventory write-offs of $8.0 million, after-tax, as a result of the impact of the pandemic.

(3) Results for the third quarter of fiscal 2020 include other long-lived impairment charges of $6.3 million, after-tax, as a result of the impact of the pandemic.

(4) Results for the fourth quarter of fiscal 2020 include the following significant non-cash charges as a result of the impact of the pandemic: long-lived asset store impairment of $1.8 million, after-tax; impairment on other right of use assets of $1.2 million, after-tax; impairments on indefinite-lived intangible assets of $0.9 million, after-tax; and a deferred tax asset valuation allowance of $32.1 million within the Company's income tax (benefit) provision.

(5) Results for the first quarter, second quarter and fourth quarter of fiscal 2019 include the unfavorable impact of accelerated depreciation charges of $3.6 million, $2.2 million, $0.8 million, after-tax, respectively, related to our retail fleet optimization plan.

(6) Results for the third quarter of fiscal 2019 include the unfavorable impact of accelerated depreciation charges of $1.5 million, after-tax, related to our retail fleet optimization plan and the impact of severance and other related net charges of $2.1 million, after-tax, in connection with actions taken to reposition our then organizational structure.