Accrued Expenses

3 Months Ended

May 05, 2018

ACCRUED EXPENSES

Accrued expenses consisted of the following:



(in thousands)	May 5, 2018		February 3, 2018		April 29, 2017
Gift cards and merchandise credits	$	28,151	$	32,792	$	27,802
Accrued compensation and related expenses	13,412		25,082		18,762
Accrued taxes	24,150		20,757		22,554
Loyalty program reserve	22,111		21,282		21,287
Sales returns	16,006		14,130		14,952
Other⁽¹⁾	35,516		34,183		34,062
	$	139,346	$	148,226	$	139,419


(1)	Other is comprised of various other accrued expenses that we expect will settle within one year of the applicable period, including amounts owed under our vendor payment program described below.

We offer our vendors a payment program where a payment processing intermediary makes regularly-scheduled payments to participating vendors and we, in turn, settle monthly with the intermediary. The net change in the outstanding balance is reflected as a financing activity in the consolidated statements of cash flows.