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Income Taxes	6 Months Ended
Aug. 01, 2020
Income Taxes
Income Taxes	NOTE 12—INCOME TAXES We recorded income tax expense of $18.9 million and $16.7 million in the three months ended August 1, 2020 and August 3, 2019, respectively. We recorded income tax expense of $17.5 million and $28.5 million in the six months ended August 1, 2020 and August 3, 2019, respectively. The effective tax rate was 16.1% and 20.7% for the three months ended August 1, 2020 and August 3, 2019, respectively. The effective tax rate was 15.5% and 22.2% for the six months ended August 1, 2020 and August 3, 2019, respectively. The decrease in the effective tax rate for both the three months ended August 1, 2020 as compared to the three months August 3, 2019 and the six months ended August 1, 2020 as compared to the six months ended August 3, 2019 is primarily due to higher discrete tax benefits related to net excess tax windfalls from stock-based compensation in 2020 as compared to 2019. As of August 1, 2020, we had $8.7 million of unrecognized tax benefits, of which $7.9 million would reduce income tax expense and the effective tax rate, if recognized. The remaining unrecognized tax benefits would offset other deferred tax assets, if recognized. As of August 1, 2020, we had $6.3 million of exposures related to unrecognized tax benefits that are expected to decrease in the next 12 months.

Income Taxes

6 Months Ended

Aug. 01, 2020

NOTE 12—INCOME TAXES

We recorded income tax expense of $18.9 million and $16.7 million in the three months ended August 1, 2020 and August 3, 2019, respectively. We recorded income tax expense of $17.5 million and $28.5 million in the six months ended August 1, 2020 and August 3, 2019, respectively. The effective tax rate was 16.1% and 20.7% for the three months ended August 1, 2020 and August 3, 2019, respectively. The effective tax rate was 15.5% and 22.2% for the six months ended August 1, 2020 and August 3, 2019, respectively. The decrease in the effective tax rate for both the three months ended August 1, 2020 as compared to the three months August 3, 2019 and the six months ended August 1, 2020 as compared to the six months ended August 3, 2019 is primarily due to higher discrete tax benefits related to net excess tax windfalls from stock-based compensation in 2020 as compared to 2019.

As of August 1, 2020, we had $8.7 million of unrecognized tax benefits, of which $7.9 million would reduce income tax expense and the effective tax rate, if recognized. The remaining unrecognized tax benefits would offset other deferred tax assets, if recognized. As of August 1, 2020, we had $6.3 million of exposures related to unrecognized tax benefits that are expected to decrease in the next 12 months.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

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