Revenue Recognition (Notes)

9 Months Ended

Nov. 02, 2024

Disaggregation of Revenue [Abstract]

Revenue from Contract with Customer [Text Block]

REVENUE RECOGNITION

Disaggregation of revenue

All revenues are recognized in net sales in the Condensed Consolidated Statements of Operations and Comprehensive Income. For information regarding the disaggregation of revenue, refer to Note 14, “SEGMENT REPORTING.”

Contract liabilities

The following table details certain contract liabilities representing unearned revenue as of November 2, 2024, February 3, 2024, October 28, 2023 and January 28, 2023:

(in thousands)	November 2, 2024		February 3, 2024		October 28, 2023		January 28, 2023
Gift card liability (1)	$	39,096	$	41,144	$	36,506	$	39,235
Loyalty programs liability	30,648		27,937		24,521		25,640

(1)Includes $17.7 million and $15.5 million of revenue recognized during the thirty-nine weeks ended November 2, 2024 and October 28, 2023, respectively, that was included in the gift card liability at the beginning of February 3, 2024 and January 28, 2023, respectively.

The following table details recognized revenue associated with the Company’s gift card program and loyalty programs for the thirteen and thirty-nine weeks ended November 2, 2024 and October 28, 2023:

	Thirteen Weeks Ended				Thirty-Nine Weeks Ended
(in thousands)	November 2, 2024		October 28, 2023		November 2, 2024		October 28, 2023
Revenue associated with gift card redemptions and gift card breakage	$	32,680	$	24,741	$	96,172	$	73,391
Revenue associated with reward redemptions and breakage related to the Company’s loyalty programs	16,697		13,710		45,367		37,628