Income Taxes (Tables)

12 Months Ended

Jan. 30, 2016

Income Tax Disclosure [Abstract]

Components of Income Tax (Benefit) Expense

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

	Fiscal Year
	2015			2014			2013
Current:
Federal	$	30,976		$	28,480		$	21,718
State	4,626			3,218			3,172
	35,602			31,698			24,890
Deferred:
Federal	349			(2,544		)	(3,977		)
State	(975		)	(519		)	(1,097		)
	(626		)	(3,063		)	(5,074		)
Income tax expense	$	34,976		$	28,635		$	19,816

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
	2015		2014		2013
Statutory federal tax rate	35.0	%	35.0	%	35.0	%
State taxes, net of federal benefit	2.6		2.2		2.6
Other	0.1		0.2		0.5
	37.7	%	37.4	%	38.1	%

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 30, 2016			January 31, 2015
Deferred tax assets:
Inventories	$	9,082		$	6,858
Deferred revenue	297			189
Accrued bonus	1,820			915
Deferred rent	19,733			17,250
Other	5,522			2,512
Deferred tax assets	36,454			27,724
Deferred tax liabilities:
Property and equipment	(26,780		)	(18,912		)
Other	(1,167		)	(931		)
Deferred tax liabilities	(27,947		)	(19,843		)
	$	8,507		$	7,881