Income Taxes (Tables)

12 Months Ended

Feb. 02, 2013

Income Tax Disclosure [Abstract]

Schedule of Income before Income Tax, Domestic and Foreign

Income from continuing operations before taxes was comprised of (in thousands) (amounts restated due to change in accounting principle referenced in Note 4):

	2012		2011		2010
Domestic	$	302,589	$	192,312	$	188,444
Foreign	64,356		25,495		45,374
Total	$	366,945	$	217,807	$	233,818

Schedule of Components of Income Tax Expense (Benefit)

The provision for tax expense from continuing operations consisted of (in thousands):

	2012			2011			2010
Current:
Federal	$	111,761		$	100,495		$	94,922
State	15,323			11,085			16,126
Foreign	17,984			13,262			11,395
	$	145,068		$	124,842		$	122,443
Deferred:
Federal	$	(10,456	)	$	(32,776	)	$	(33,441	)
State	458			(8,662		)	(7,299		)
Foreign	(5,136		)	(8,735		)	(3,594		)
	$	(15,134	)	$	(50,173	)	$	(44,334	)
Total provision	$	129,934		$	74,669		$	78,109

Schedule of Effective Income Tax Rate Reconciliation

Reconciliation between the statutory federal income tax rate and the effective tax rate for continuing operations is as follows:

	2012		2011		2010
Federal income tax rate	35.0	%	35.0	%	35.0	%
State income tax, net of federal income tax effect	2.7		3.9		2.5
Tax effect of foreign earnings	(1.8	)	(3.0	)	(3.7	)
Other items, net	(0.5	)	(1.6	)	(0.4	)
Total	35.4	%	34.3	%	33.4	%

Schedule of Deferred Tax Assets and Liabilities

The effect of temporary differences which gives rise to deferred income tax assets (liabilities) were as follows (in thousands):

	2012			2011
Deferred tax assets:
Deferred compensation	$	83,529		$	69,296
Accrued expenses	18,971			20,356
Rent	39,061			41,424
Foreign net operating losses (NOLs)	12,107			11,687
Reserves	6,698			7,669
Realized and unrealized investment losses	592			5,565
Valuation allowance	(158		)	(2,531		)
Total deferred tax assets	$	160,800		$	153,466
Deferred tax liabilities:
Property and equipment	(57,875		)	(70,961		)
Inventory	(13,156		)	(8,164		)
Store supplies	(9,990		)	(10,591		)
Other	(2,140		)	(1,245		)
Total deferred tax liabilities	$	(83,161	)	$	(90,961	)
Net deferred income tax assets	$	77,639		$	62,505

Summary of Positions for which Significant Change in Unrecognized Tax Benefits is Reasonably Possible

A reconciliation of the beginning and ending amounts of uncertain tax positions is as follows:    

	2012			2011			2010
	(in thousands)
Uncertain tax positions, beginning of the year	$	13,404		$	14,827		$	29,437
Gross addition for tax positions of the current year	1,084			1,183			562
Gross addition for tax positions of prior years	227			1,602			1,734
Reductions of tax positions of prior years for:
Lapses of applicable statutes of limitations	(2,053		)	(2,448		)	(2,328		)
Settlements during the period	(1,480		)	(1,631		)	(14,166		)
Changes in judgment	(66		)	(129		)	(412		)
Uncertain tax positions, end of year	$	11,116		$	13,404		$	14,827