Income Taxes (Tables)

12 Months Ended

Jan. 31, 2015

Income Tax Disclosure [Abstract]

Components of Income Tax (Benefit) Expense

The components of the income tax expense are as follows (in thousands):

	Fiscal Year
	2014			2013			2012
Current:
Federal	$	28,480		$	21,718		$	8,127
State	3,218			3,172			2,130
	31,698			24,890			10,257
Deferred:
Federal	(2,544		)	(3,977		)	3,043
State	(519		)	(1,097		)	769
	(3,063		)	(5,074		)	3,812
Income tax expense	$	28,635		$	19,816		$	14,069

Reconciliation of Statutory Federal Income Tax Rate to Effective Income Tax Rate

The reconciliation of the statutory federal income tax rate to the Company’s effective income tax rate is as follows:

	Fiscal Year
	2014		2013		2012
Statutory federal tax rate	35.0	%	35.0	%	35.0	%
State taxes, net of federal benefit	2.2		2.6		5.5
Other	0.2		0.5		0.8
	37.4	%	38.1	%	41.3	%

Significant Components of Deferred Tax Assets and Liabilities

The tax effects of temporary differences that give rise to deferred tax assets and liabilities are (in thousands):

	January 31, 2015			February 1, 2014
Deferred tax assets:
Inventories	$	6,858		$	5,430
Deferred revenue	189			142
Accrued bonus	915			194
Deferred rent	17,250			15,192
Other	2,512			1,665
Deferred tax assets	27,724			22,623
Deferred tax liabilities:
Property and equipment	(18,912		)	(16,623		)
Other	(931		)	(1,182		)
Deferred tax liabilities	(19,843		)	(17,805		)
	$	7,881		$	4,818