Income Taxes (Tables)

12 Months Ended

Feb. 01, 2020

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit)

A summary of the components of the provision/(benefit) for income taxes is as follows (in thousands):

	Fiscal Year Ended
	February 1, 2020 (52 weeks)		February 2, 2019 (52 weeks)		February 3, 2018 (53 weeks)
Federal:
Current	$	11,724	$	7,375	$	16,154
Deferred	(4,265)		339		3,257
	7,459		7,714		19,411
State:
Current	1,975		1,625		1,668
Deferred	(450)		(202)		338
	1,525		1,423		2,006
Provision for income taxes	$	8,984	$	9,137	$	21,417

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of the statutory federal income tax rate to the effective tax rate as a percentage of income before provision for income taxes follows:

	Fiscal Year Ended
	February 1, 2020 (52 weeks)		February 2, 2019 (52 weeks)		February 3, 2018 (53 weeks)
Tax provision computed at the federal statutory rate	21.00	%	21.00	%	33.72	%
Effect of state income taxes, net of federal benefits	3.60		2.86		2.50
Enactment of the Tax Cuts and Jobs Act	—		—		1.39
Federal income tax credits	(1.99)		(1.36)		(0.32)
Executive compensation limitations	1.47		—		—
Equity compensation tax deficiencies	1.71		1.30		1.23
Other, net	(1.06)		0.53		(0.58)
	24.73	%	24.33	%	37.94	%

Schedule of Deferred Tax Assets and Liabilities

Deferred income taxes on the consolidated balance sheets result from temporary differences between the amount of assets and liabilities recognized for financial reporting and income tax purposes.  The components of the deferred income taxes, net, are as follows (in thousands):

	February 1, 2020 (52 weeks)		February 2, 2019 (52 weeks)
Rent	$	64,753	$	6,333
Inventories	3,275		3,442
Accruals	9,435		5,080
Stock-based compensation	2,767		3,681
Other	120		328
Total deferred tax assets	80,350		18,864
Rent	(58,528)		—
Accumulated depreciation and amortization	(11,329)		(15,089)
Prepaid expenses	(1,241)		(1,420)
State taxes	(256)		(77)
Total deferred tax liabilities	(71,354)		(16,586)
Deferred income taxes, net	$	8,996	$	2,278

Summary of Income Tax Contingencies

A reconciliation of the unrecognized tax benefit, excluding estimated interest and penalties, under ASC Subtopic 740-10 follows (in thousands):

	February 1, 2020 (52 weeks)		February 2, 2019 (52 weeks)		February 3, 2018 (53 weeks)
Unrecognized tax benefits - beginning of year	$	1,245	$	1,156	$	1,267
Gross increases - tax positions in prior period	—		246		140
Gross decreases - tax positions in prior period	(234)		(10)		(7)
Gross increases - tax positions in current period	—		107		70
Settlements	—		—		—
Lapse of statute of limitations	(193)		(254)		(314)
Unrecognized tax benefits - end of year	$	818	$	1,245	$	1,156