Income Taxes (Tables)

12 Months Ended

Feb. 03, 2013

The provision (benefit) for income taxes is as follows:


							244 Days			120 Days
	Fiscal Year Ended			Fiscal Year Ended			Ended			Ended
	February 3,			January 29,			January 30,			May 30,
	2013			2012			2011			2010
	(Predecessor)			(Successor)			(Successor)			(Predecessor)
Current expense
Federal	$	2,845		$	—		$	(1,527	)	$	578
Foreign		361			(175	)		188			47
State and local		331			583			33			1,019
Deferred expense (benefit)		(10,895	)		271			(1,245	)		(2,241	)

Total provision (benefit) for income taxes	$	(7,358	)	$	679		$	(2,551	)	$	(597	)

Components of Deferred Tax Liabilities and Assets

Significant components of the deferred tax liabilities and assets in the consolidated balance sheets are as follows:


	February 3, 2013			January 29, 2012
Deferred tax liabilities:
Trademark/trade name	$	31,928		$	31,216
Prepaid expenses		189			549
Property and equipment		963			5,562

Total deferred tax liabilities		33,080			37,327
Deferred tax assets:
Leasing transactions		3,838			2,739
Worker’s compensation and general liability insurance		3,666			3,323
Smallware supplies		713			728
Deferred revenue		7,252			5,981
Deferred compensation		1,140			707
Accrued liabilities		2,770			1,634
Tax credit carryovers		3,227			9,094
State and federal net operating loss carryovers		3,444			5,309
Indirect benefit of unrecognized tax benefits		216			693
Other		1,391			1,333

Total deferred tax assets		27,657			31,541

Valuation allowance for deferred tax assets – US		(1,158	)		(11,249	)
Valuation allowance for deferred tax assets – Canada		—			(441	)

Total deferred tax assets net of valuation allowance		26,499			19,851

Net deferred tax liability	$	6,581		$	17,476

Net Deferred Tax Liability

The Net deferred tax liability is presented in the Consolidated Balance Sheets as follows:


	February 3, 2013		January 29, 2012
Deferred income taxes—current	$	18,209	$	13,382
Other assets and deferred charge		286		—

Deferred tax assets		18,495		13,382

Deferred income taxes—current		189		550
Deferred income taxes		24,887		30,308

Deferred tax liabilities		25,076		30,858

Net deferred tax liability	$	6,581	$	17,476

Change in Unrecognized Tax Benefits

The change in unrecognized tax benefits excluding interest, penalties and related income tax benefits, for fiscal year ended February 3, 2013, fiscal year ended January 29, 2012, the 244 days ended January 30, 2011, and the 120 days ended May 31, 2010 were as follows:


	Fiscal Year Ended			Fiscal Year Ended			244 Days Ended			120 Days Ended
	February 3,			January 29,			January 30,			May 31,
	2013			2012			2011			2010
	(Successor)			(Successor)			(Successor)			(Predecessor)
Balance at beginning of year	$	940		$	881		$	2,062		$	2,199
Additions for tax positions of prior years		108			118			—			442
Reductions for tax positions of prior years		(1	)		—			(161	)		—
Additions for tax positions of current year		—			—			—			—
Settlements		(576	)		—			—			(579	)
Lapse of statute of limitations		—			(59	)		(1,020	)		—

Balance at end of year	$	471		$	940		$	881		$	2,062

Reconciliation of Federal Statutory Rate to Effective Income Tax Rate

The reconciliation of the federal statutory rate to the effective income tax rate follows:


	Fiscal Year Ended February 3, 2013			Fiscal Year Ended January 29, 2012			244 Days Ended January 30, 2011			120 Days Ended May 31, 2010
	(Successor)			(Successor)			(Successor)			(Predecessor)
Federal corporate statutory rate		35.0	%		35.0	%		35.0	%		35.0	%
State and local income taxes, net of federal income tax benefit		1.9	%		(8.6	)%		(8.6	)%		2.6	%
Foreign taxes		(0.3	)%		(7.9	)%		(0.9	)%		(1.4	)%
Nondeductible expenses		8.7	%		46.6	%		(22.4	)%		(10.6	)%
Tax credits		(24.2	)%		(132.4	)%		18.4	%		29.8	%
Valuation allowance		(94.8	)%		51.5	%		(2.2	)%		(26.3	)%
Change in reserve		(12.1	)%		13.8	%		16.9	%		2.7	%
Other		16.7	%		43.6	%		(3.0	)%		(10.0	)%

Effective tax rate		(69.1	)%		41.6	%		33.2	%		21.8	%