0001564590-18-015623.txt : 20180614 0001564590-18-015623.hdr.sgml : 20180614 20180614163115 ACCESSION NUMBER: 0001564590-18-015623 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 47 CONFORMED PERIOD OF REPORT: 20180505 FILED AS OF DATE: 20180614 DATE AS OF CHANGE: 20180614 FILER: COMPANY DATA: COMPANY CONFORMED NAME: J.Jill, Inc. CENTRAL INDEX KEY: 0001687932 STANDARD INDUSTRIAL CLASSIFICATION: WOMEN'S, MISSES', AND JUNIORS OUTERWEAR [2330] IRS NUMBER: 451459825 STATE OF INCORPORATION: DE FISCAL YEAR END: 0130 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-38026 FILM NUMBER: 18899514 BUSINESS ADDRESS: STREET 1: 4 BATTERYMARCH PARK CITY: QUINCY STATE: MA ZIP: 02169 BUSINESS PHONE: 617-376-4300 MAIL ADDRESS: STREET 1: 4 BATTERYMARCH PARK CITY: QUINCY STATE: MA ZIP: 02169 FORMER COMPANY: FORMER CONFORMED NAME: Jill Intermediate LLC DATE OF NAME CHANGE: 20161019 10-Q 1 jill-10q_20180505.htm 10-Q jill-10q_20180505.htm

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 10-Q

 

(Mark One)

QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended May 5, 2018

OR

TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from _____________________ to _____________________

Commission File Number: 001-38026

 

J.Jill, Inc.

(Exact Name of Registrant as Specified in its Charter)

 

 

Delaware

 

45-1459825

(State or other jurisdiction of

incorporation or organization)

 

(I.R.S. Employer
Identification No.)

 

 

 

4 Batterymarch Park,

Quincy, MA 02169

 

02169

(Address of principal executive offices)

 

(Zip Code)

Registrant’s telephone number, including area code: (617) 376-4300

 

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.    Yes    No  

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).    Yes      No  

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

 

Large accelerated filer

 

  

Accelerated filer

 

Non-accelerated filer

 

  (Do not check if a small reporting company)

  

Smaller reporting company

 

 

 

 

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).    Yes      No  

As of June 14, 2018, the registrant had 43,762,392 shares of common stock, $0.01 par value per share, outstanding.

 

 

 

 


Table of Contents

 

 

 

 

Page

PART I.

FINANCIAL INFORMATION

 

 

Item 1.

Financial Statements

 

 

 

Consolidated Balance Sheets (Unaudited)

 

2

 

Consolidated Statements of Operations and Comprehensive Income (Unaudited)

 

3

 

Consolidated Statement of Shareholders’ Equity (Unaudited)

 

4

 

Consolidated Statements of Cash Flows (Unaudited)

 

5

 

Notes to Consolidated Financial Statements (Unaudited)

 

6

Item 2.

Management’s Discussion and Analysis of Financial Condition and Results of Operations

 

11

Item 3.

Quantitative and Qualitative Disclosures About Market Risk

 

18

Item 4.

Controls and Procedures

 

18

PART II.

OTHER INFORMATION

 

 

Item 1.

Legal Proceedings

 

19

Item 1A.

Risk Factors

 

19

Item 2.

Unregistered Sales of Equity Securities and Use of Proceeds

 

19

Item 3.

Defaults Upon Senior Securities

 

19

Item 4.

Mine Safety Disclosures

 

19

Item 5.

Other Information

 

19

Item 6.

Exhibits

 

19

Exhibit Index

 

20

Signatures

 

21

 

 

 

 

 

1


Table of Contents

 

PART I—FINANCIAL INFORMATION

Item 1. Financial Statements

J.Jill, Inc.

CONSOLIDATED BALANCE SHEETS (UNAUDITED)

(in thousands, except share data)

 

 

 

May 5, 2018

 

 

February 3, 2018

 

Assets

 

 

 

 

 

 

 

 

Current assets:

 

 

 

 

 

 

 

 

Cash

 

$

28,663

 

 

$

25,978

 

Accounts receivable

 

 

9,087

 

 

 

4,733

 

Inventories, net

 

 

77,503

 

 

 

80,591

 

Prepaid expenses and other current assets

 

 

21,560

 

 

 

21,166

 

Total current assets

 

 

136,813

 

 

 

132,468

 

Property and equipment, net

 

 

113,348

 

 

 

118,420

 

Intangible assets, net

 

 

145,765

 

 

 

148,961

 

Goodwill

 

 

197,026

 

 

 

197,026

 

Other assets

 

 

620

 

 

 

682

 

Total assets

 

$

593,572

 

 

$

597,557

 

Liabilities and Shareholders’ Equity

 

 

 

 

 

 

 

 

Current liabilities:

 

 

 

 

 

 

 

 

Accounts payable

 

$

33,308

 

 

$

53,962

 

Accrued expenses and other current liabilities

 

 

55,582

 

 

 

48,759

 

Current portion of long-term debt

 

 

2,799

 

 

 

2,799

 

Total current liabilities

 

 

91,689

 

 

 

105,520

 

Long-term debt, net of discount and current portion

 

 

238,523

 

 

 

238,881

 

Deferred income taxes

 

 

44,294

 

 

 

46,263

 

Other liabilities

 

 

28,019

 

 

 

27,577

 

Total liabilities

 

 

402,525

 

 

 

418,241

 

Commitments and contingencies (see Note 9)

 

 

 

 

 

 

 

 

Shareholders’ Equity

 

 

 

 

 

 

 

 

Common stock, par value $0.01 per share; 250,000,000 shares authorized;

43,759,200 and 43,752,790 shares issued and outstanding at May 5, 2018 and February 3, 2018, respectively

 

 

438

 

 

 

437

 

Additional paid-in capital

 

 

118,153

 

 

 

117,393

 

Accumulated earnings

 

 

72,456

 

 

 

61,486

 

Total shareholders’ equity

 

 

191,047

 

 

 

179,316

 

Total liabilities and shareholders’ equity

 

$

593,572

 

 

$

597,557

 

 

The accompanying notes are an integral part of these consolidated financial statements.

 

2


Table of Contents

 

J.Jill, Inc.

CONSOLIDATED STATEMENTS OF OPERATIONS AND

COMPREHENSIVE INCOME (UNAUDITED)

(in thousands, except share and per share data)

 

 

 

For the Thirteen Weeks Ended

 

 

 

May 5, 2018

 

 

April 29, 2017

 

Net sales

 

$

181,541

 

 

$

166,126

 

Costs of goods sold

 

 

61,200

 

 

 

50,518

 

Gross profit

 

 

120,341

 

 

 

115,608

 

Selling, general and administrative expenses

 

 

100,294

 

 

 

97,033

 

Operating income

 

 

20,047

 

 

 

18,575

 

Interest expense

 

 

4,817

 

 

 

4,945

 

Income before provision for income taxes

 

 

15,230

 

 

 

13,630

 

Provision for income taxes

 

 

3,972

 

 

 

5,603

 

Net income and total comprehensive income

 

$

11,258

 

 

$

8,027

 

Net income per common share attributable to common

   shareholders:

 

 

 

 

 

 

 

 

Basic

 

$

0.27

 

 

$

0.19

 

Diluted

 

$

0.26

 

 

$

0.18

 

Weighted average number of common shares outstanding:

 

 

 

 

 

 

 

 

Basic

 

 

42,216,331

 

 

 

42,518,143

 

Diluted

 

 

43,407,414

 

 

 

43,680,485

 

 

The accompanying notes are an integral part of these consolidated financial statements.

 

 

 

 

 

3


Table of Contents

 

J.Jill, Inc.

CONSOLIDATED STATEMENT OF SHAREHOLDERS’ EQUITY (UNAUDITED)

(in thousands, except common share data)

 

 

 

 

 

 

 

 

 

 

 

Additional

 

 

 

 

 

 

Total

 

 

 

Common Stock

 

 

Paid-in

 

 

Accumulated

 

 

Shareholders’

 

 

 

Shares

 

 

Amount

 

 

Capital

 

 

Earnings

 

 

Equity

 

Balance, February 3, 2018

 

 

43,752,790

 

 

$

437

 

 

$

117,393

 

 

$

61,486

 

 

$

179,316

 

Adoption of ASU 2014-09(1)

 

 

 

 

 

 

 

 

 

 

 

(288

)

 

 

(288

)

Vesting of restricted stock units

 

 

6,410

 

 

 

1

 

 

 

 

 

 

 

 

 

1

 

Equity-based compensation

 

 

 

 

 

 

 

 

760

 

 

 

 

 

 

760

 

Net income

 

 

 

 

 

 

 

 

 

 

 

11,258

 

 

 

11,258

 

Balance, May 5, 2018

 

 

43,759,200

 

 

$

438

 

 

$

118,153

 

 

$

72,456

 

 

$

191,047

 

 

(1) See Note 2 for additional detail regarding the adoption of new accounting standards.

 

The accompanying notes are an integral part of these consolidated financial statements.

 

4


Table of Contents

 

J.Jill, Inc.

CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)

(in thousands)

 

 

 

For the Thirteen Weeks Ended

 

 

 

May 5, 2018

 

 

April 29, 2017

 

Net income

 

$

11,258

 

 

$

8,027

 

Operating activities:

 

 

 

 

 

 

 

 

Adjustments to reconcile net income to net cash provided by operating activities

 

 

 

 

 

 

 

 

Depreciation and amortization

 

 

9,357

 

 

 

8,793

 

Loss on disposal of fixed assets

 

 

12

 

 

 

2

 

Noncash amortization of deferred financing and debt discount costs

 

 

396

 

 

 

667

 

Equity-based compensation

 

 

760

 

 

 

24

 

Deferred rent liability

 

 

(46

)

 

 

249

 

Deferred income taxes

 

 

(1,867

)

 

 

(624

)

Changes in operating assets and liabilities:

 

 

 

 

 

 

 

 

Accounts receivable

 

 

(4,355

)

 

 

(6,606

)

Inventories

 

 

3,088

 

 

 

(6,942

)

Prepaid expenses and other current assets

 

 

(1,465

)

 

 

(495

)

Accounts payable

 

 

(20,481

)

 

 

(380

)

Accrued expenses

 

 

8,271

 

 

 

1,261

 

Other noncurrent assets and liabilities

 

 

607

 

 

 

3,011

 

Net cash provided by operating activities

 

 

5,535

 

 

 

6,987

 

Investing activities:

 

 

 

 

 

 

 

 

Purchases of property and equipment

 

 

(2,150

)

 

 

(4,423

)

Net cash used in investing activities

 

 

(2,150

)

 

 

(4,423

)

Financing activities:

 

 

 

 

 

 

 

 

Repayments on long-term debt

 

 

(700

)

 

 

(700

)

Net cash used in financing activities

 

 

(700

)

 

 

(700

)

Net change in cash

 

 

2,685

 

 

 

1,864

 

Cash:

 

 

 

 

 

 

 

 

Beginning of Period

 

 

25,978

 

 

 

13,468

 

End of Period

 

$

28,663

 

 

$

15,332

 

 

The accompanying notes are an integral part of these consolidated financial statements.

5


Table of Contents

 

J.Jill, Inc.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

1. Description of Business

J.Jill, Inc.,“J.Jill” or the “Company”, is a premier omnichannel retailer and nationally recognized women’s apparel brand committed to delighting customers with great wear-now product. The brand represents an easy, relaxed, inspired style that reflects the confidence and comfort of a woman with a rich, full life. J.Jill provides guiding service through more than 270 stores nationwide and a robust e-commerce platform. J.Jill is headquartered outside Boston.

2. Summary of Significant Accounting Policies

Basis of Presentation

Our interim consolidated financial statements are unaudited. All significant intercompany balances and transactions have been eliminated in consolidation. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) have been omitted, in accordance with the rules of the Securities and Exchange Commission (the “SEC”). In the opinion of management, these interim consolidated financial statements contain all normal and recurring adjustments necessary to state fairly the financial position and results of operations of the Company. The consolidated balance sheet as of February 3, 2018 is derived from the audited consolidated balance sheet as of that date. The unaudited results of operations for the thirteen weeks ended May 5, 2018 are not necessarily indicative of future results or results to be expected for the full year ending February 2, 2019. You should read these statements in conjunction with our audited consolidated financial statements and related notes in our Annual Report on Form 10-K for the year ended February 3, 2018.

Significant changes to our accounting policies as a result of adopting Accounting Standards Update (“ASU”) 2014-09Revenue from Contracts with Customers (Topic 606) are discussed below in “Significant Accounting Policies Update” and Note 3.

Recently Adopted Accounting Policies

In May 2014, the FASB issued ASU 2014-09Revenue from Contracts with Customers (Topic 606), which supersedes the revenue recognition requirements in FASB ASC Topic 605 – Revenue Recognition. The new guidance established principles for reporting revenue and cash flows arising from an entity’s contracts with customers. The Company adopted ASU 2014-09 and related amendments, collectively known as Accounting Standards Codification 606 (“Topic 606”) as of February 4, 2018 on a modified retrospective basis. See “Significant Accounting Policies Update” and Note 3 for a discussion of our updated policies related to revenue recognition and disclosures related to the impact of this standard.

In October 2016 the FASB issued ASU 2016-16, Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory. This update is intended to improve the accounting for the income tax consequences of intra-entity transfers of assets other than inventory. Under the new guidance, an entity would recognize the current and deferred income tax consequences of an intra-entity asset transfer when the transfer occurs. Intra-entity inventory transfers would still be an exception. The provisions of ASU 2016-16 were adopted as of February 4, 2018 under the modified retrospective method with no cumulative-effect adjustment to retained earnings.

In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows - Classification of Certain Cash Receipts and Cash Payments, which addresses eight specific cash flow issues with the objective of reducing the existing diversity in practice in how certain cash receipts and cash payments are presented and classified in the statement of cash flows. The standard was retrospectively adopted as of February 4, 2018 and did not have an impact on the consolidated statement of cash flows.

Significant Accounting Policies Update

Adoption of ASC Topic 606: Revenue from Contracts with Customers

On February 4, 2018, the Company adopted Topic 606 using the modified retrospective method applied to contracts which were not completed as of February 4, 2018. As part of the adoption of Topic 606, Topic 340-20 – Capitalized Advertising Costs was superseded and therefore, the Company transitioned to ASC 720-35 – Advertising Costs for reporting on costs of advertising. Results for reporting periods beginning after February 4, 2018 are presented under Topic 606 and Topic 720, while prior period amounts are not adjusted and continue to be reported in accordance with our historic accounting under Topic 605 and Topic 340.

6


Table of Contents

 

The Company recorded a cumulative reduction to opening retained earnings of $0.3 million. The impact on opening retained earnings was a $0.8 million decrease from the acceleration of prepaid catalog expenses offset by a $0.5 million increase from the recognition of direct revenues previously deferred under Topic 605.

Effective February 4, 2018, the Company changed its consolidated balance sheet presentation for expected sales returns and recorded a $5.0 million return asset and a corresponding increase to the return liability to present our sales reserve gross in accordance with Topic 606. In addition, as of the date of adoption of Topic 606, the Company will present reimbursements of costs of marketing programs related to the private label credit card gross in the consolidated statement of operations with no impact to opening retained earnings.

Revenue Recognition

Revenue is primarily derived from the sale of apparel and accessory merchandise through our retail channel and direct channel, which includes website and catalog phone orders. Revenue also includes shipping and handling fees collected from customers. Topic 606 requires entities to recognize revenue when control of the promised goods or services are transferred to customers at an amount that reflects the consideration to which the entity expects to be entitled to in exchange for those goods or services.  Revenue from our retail channel is recognized at the time of sale and revenue from our direct channel is recognized upon shipment of merchandise to the customer.

The Company has a return policy where merchandise returns will be accepted within 90 days of the original purchase date.  At the time of sale, the Company records an estimated sales reserve for merchandise returns based on historical prior returns experience and expected future returns. The estimated sales reserve is recorded as a return asset (and corresponding adjustment to cost of goods sold) for the cost of inventory and a return liability for the amount to settle the return with a customer (and a corresponding adjustment to revenue). The return asset and return liability are recorded in prepaid expenses and other assets, and accrued expenses and other current liabilities, respectively, in the consolidated balance sheet. The Company collects and remits sales and use taxes in all states in which retail and direct sales occur and taxes are applicable. These taxes are reported on a net basis and are thereby excluded from revenue.

The Company sells gift cards without expiration dates to customers. The Company does not charge administrative fees on unused gift cards. Proceeds from the sale of gift cards are recorded as a contract liability until the customer redeems the gift card or when the likelihood of redemption is remote. Based on historical experience, the Company estimates the value of outstanding gift cards that will ultimately not be redeemed (“gift card breakage”) and will not be escheated under statutory unclaimed property laws. This gift card breakage is recognized as revenue over the time period established by the Company’s historical gift card redemption pattern.

The Company recognizes revenues from shipments to customers before the shipping and handling activities occur and will accrue those related costs. Shipping and handling costs are recorded in selling, general and administrative expenses. There is no change to the Company’s comparative reporting of shipping and handling costs as a result of adopting of Topic 606.

Credit Card Agreement

The Company has an arrangement with a third party to provide a private label credit card to its customers through August 2023, and will automatically renew thereafter for successive two year terms. The Company does not bear the credit risk associated with the private label credit card at any point prior to the termination of the agreement, at which point the Company is obligated to purchase the receivables. If the arrangement is terminated prior to September 7, 2021 and other criteria are met, the Company is obligated to pay a purchase price premium. The potential impact of the purchase obligation cannot be reasonably estimated, and therefore, has not been recorded.

The Company receives royalty payments through its private label credit card agreement. The royalty payments are recognized as revenue when they are received. Royalty payments recognized in the thirteen weeks ended May 5, 2018 and April 29, 2017 were $1.4 million and $1.2 million, respectively.

The Company also receives reimbursements for costs of marketing programs related to the private label credit card, which are recorded as revenue as earned and the costs incurred are recorded as operating expenses in selling, general and administrative expenses in the accompanying consolidated statements of operations and comprehensive income (loss). Reimbursements for costs of marketing programs of $1.1 million were recognized in the thirteen weeks ended May 5, 2018.

The credit card agreement provides a signing bonus to the Company, which is recognized into revenue over the life of the agreement.

7


Table of Contents

 

Advertising Costs

The Company incurs costs to produce, print, and distribute its catalogs. Catalog costs are considered direct response advertising, which are capitalized as incurred, and expensed when the catalog is mailed to the customer (the first time the advertising occurs). Advertising expenses were $10.1 million and $9.2 million in the thirteen weeks ended May 5, 2018 and April 29, 2017, respectively, and are included in selling, general and administrative expenses in the accompanying consolidated statements of operations and comprehensive income (loss).

Other advertising costs are recorded as incurred. Other advertising costs recorded were $5.8 million and $4.9 million for the thirteen weeks ended May 5, 2018 and April 29, 2017, respectively, and are included in selling, general and administrative expenses in the accompanying consolidated statements of operations and comprehensive income (loss).

3. Revenues

Disaggregation of Revenue

The Company sells its products directly to consumers and the Company earns royalties from its licensees. The following table presents revenues disaggregated by revenue source (in thousands):

 

 

 

For the Thirteen Weeks Ended

 

 

 

May 5, 2018

 

 

April 29, 2017(1)

 

Retail

 

$

108,031

 

 

$

95,347

 

Direct

 

 

73,510

 

 

 

70,779

 

Net revenues

 

$

181,541

 

 

$

166,126

 

 

(1) As previously noted, prior period amounts have not been adjusted under the modified retrospective method.

Contract Liabilities

The Company recognizes a contract liability when it has received consideration from the customer and has a future obligation to the customer. Total contract liabilities consisted of the following (in thousands):

 

 

May 5, 2018

 

 

February 3, 2018

 

Contract liabilities:

 

 

 

 

 

 

 

Signing bonus

$

753

 

 

$

788

 

Unredeemed gift cards

 

5,279

 

 

 

6,466

 

Total contract liabilities(1)

$

6,032

 

 

$

7,254

 

 

(1) Included in accrued expenses and other current liabilities on the Company's consolidated balance sheet. The short term portion of the signing bonus is included in other liabilities on the Company’s consolidated balance sheet.

In each of the thirteen weeks ended May 5, 2018 and April 29, 2017, the Company recognized into revenue approximately $0.1 million of its unredeemed gift cards that existed at February 3, 2018 and January 28, 2017, respectively.

Performance Obligations

The Company has a remaining performance obligation of $0.8 million for a signing bonus related to the private label credit card agreement. The Company will recognize revenue over the remaining life of the contract as follows (in thousands):

 

 

Fiscal Year 2018

 

 

Fiscal Year 2019

 

 

Thereafter

 

Signing bonus

$

106

 

 

 

141

 

 

$

506

 

 

This disclosure does not include revenue related to performance obligations from unredeemed gift cards, as substantially all gift cards are redeemed in the first year of issuance.

8


Table of Contents

 

Practical Expedients and Policy Elections

The Company excludes from its transaction price all amounts collected from customers for sales taxes that are remitted to taxing authorities.

Shipping and handling activities that occur after control of related goods transfers to the customer are accounted for as fulfillment activities rather than assessing these activities as performance obligations.

The Company does not disclose remaining performance obligations that have an expected duration of one year or less.

4. Debt

The components of the Company’s outstanding Term Loan were as follows (in thousands):

 

 

 

May 5, 2018

 

 

February 3, 2018

 

Term Loan

 

$

247,477

 

 

$

248,176

 

Discount on debt and debt issuance costs

 

 

(6,155

)

 

 

(6,496

)

Less: Current portion

 

 

(2,799

)

 

 

(2,799

)

Net long-term debt

 

$

238,523

 

 

$

238,881

 

 

The Company was in compliance with all financial covenants as of May 5, 2018.

 

5. Income Taxes

The Company recorded income tax expense of $4.0 million and $5.6 million during the thirteen weeks ended May 5, 2018 and April 29, 2017, respectively. The effective tax rates were 26.1% and 41.1% in the thirteen weeks ended May 5, 2018 and April 29, 2017, respectively.

The effective tax rate for the thirteen weeks ended May 5, 2018 exceeds the federal statutory rate of 21.0% primarily due to stock compensation, state income taxes and §162(m) officer compensation limitation. The effective tax rate for the thirteen weeks ended April 29, 2017 exceeds the federal statutory rate of 35.0% primarily due to state income taxes and non-deductible IPO related expenses.

On December 22, 2017, the U.S. Tax Cuts and Jobs Act (TCJA) legislation was signed.  The new U.S. tax legislation is subject to a number of provisions, including a reduction of the U.S. federal corporate income tax rate from 35.0% to 21.0% (effective January 1, 2018) and a change in certain business deductions, including allowing for immediate expensing of certain qualified capital expenditures.

Staff Accounting Bulletin No. 118 (“SAB 118”), issued by the Securities and Exchange Commission in December 2017, provides the Company with up to one year to finalize accounting for the impacts of TCJA. When the initial accounting for TCJA impacts is incomplete, the Company may include provisional amounts when reasonable estimates can be made. As of February 3, 2018, the Company made a reasonable estimate of its deferred income tax benefit related to the corporate rate change of $24.0 million and estimates to expense qualifying capital expenditures.

In the thirteen weeks ended May 5, 2018, the Company has not recognized any measurement period adjustments. The Company has not completed its process to determine the final impact of TCJA. The final impact may differ from this estimate, possibly materially, due to, among other things, changes in interpretations and assumptions that the Company has made and the issuance of additional regulatory and other guidance. Further, any required adjustment would be reflected as a discrete expense or benefit in the quarter that it is identified, as allowed by SAB 118. Although no material changes are anticipated, the Company expects to complete the analysis within the measurement period in accordance with SAB 118.

9


Table of Contents

 

6. Earnings Per Share

The following table summarizes the computation of basic and diluted net income per share attributable to common shareholders (in thousands, except share and per share data):

 

 

 

For the Thirteen Weeks Ended

 

 

 

May 5, 2018

 

 

April 29, 2017

 

Numerator

 

 

 

 

 

 

 

 

Net income attributable to common shareholders:

 

$

11,258

 

 

$

8,027

 

Denominator

 

 

 

 

 

 

 

 

Weighted average number of common shares outstanding, basic:

 

 

42,216,331

 

 

 

42,518,143

 

Dilutive effect of restricted shares

 

 

1,191,083

 

 

 

1,162,342

 

Weighted average number of common shares outstanding, diluted:

 

 

43,407,414

 

 

 

43,680,485

 

Net income per common share attributable to common shareholders, basic:

 

$

0.27

 

 

$

0.19

 

Net income per common share attributable to common shareholders, diluted:

 

$

0.26

 

 

$

0.18

 

 

The weighted average common shares for the diluted earnings per share calculation exclude the impact of outstanding equity awards if the assumed proceeds per share of the award is in excess of the related fiscal period’s average price of the Company’s common stock. Such awards are excluded because they would have an antidilutive effect. There were 1,122,820 and 83,565 such awards excluded for the thirteen weeks ended May 5, 2018 and April 29, 2017, respectively.

7. Equity-Based Compensation

Compensation expense was $0.8 million and $0.1 million for the thirteen weeks ended May 5, 2018 and April 29, 2017, respectively.

8. Related Party Transactions

For the thirteen weeks ended May 5, 2018, the Company incurred an immaterial amount of related party transactions. For the thirteen weeks ended April 29, 2017 the Company incurred an immaterial amount of out-of-pocket expenses in relation to the advisory services agreement with a related party. These expenses are included in operating expenses in the accompanying consolidated statements of operations and comprehensive income.

9. Commitments and Contingencies

Operating Lease Agreements

The Company recorded a deferred lease liability of $10.1 million and $9.5 million as of May 5, 2018 and February 3, 2018, respectively. In certain instances, the Company also receives tenant improvement incentives for its store leases, which it accrues and amortizes ratably over the life of the lease. The Company maintained a tenant improvement incentive liability of $17.5 million and $17.3 million as of May 5, 2018 and February 3, 2018, respectively.  

Total rental and common area maintenance expense was $15.5 million and $14.4 million for the thirteen weeks ended May 5, 2018 and April 29, 2017, respectively, exclusive of contingent rental expense recorded of $0.2 million and $0.4 million for the same respective periods.

Legal Proceedings

Shareholder Class Action Lawsuits

On October 13, 2017, a securities lawsuit was filed in the United States District Court for the District of Massachusetts against the Company, several members of our Board of Directors and our Chief Financial Officer, among others. The complaint was brought under the Securities Act of 1933 and sought certification of a class of plaintiffs comprised of all shareholders that acquired stock issued by the Company in its initial public offering in March 2017. The plaintiffs sought compensation for losses they incurred since purchasing the stock.  Following the filing of this lawsuit, two additional, similar actions were brought in the same court. The three matters were eventually consolidated, and a lead plaintiff was appointed by the court. On March 9, 2018, an amended complaint captioned The Pension Trust v. J.Jill, Inc., et al. was filed. The Company filed a motion to dismiss on May 14, 2018. The Company believes the claims in the case are without merit and intends to defend the matter vigorously. No material amount has been accrued.

We are not presently party to any other legal proceedings the resolution of which we believe would have a material adverse effect on our business, financial condition, operating results or cash flows. We establish reserves for specific legal matters when we determine that the likelihood of an unfavorable outcome is probable and the loss is reasonably estimable.

10


Table of Contents

 

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

The following discussion and analysis should be read in conjunction with our consolidated financial statements and related notes thereto included elsewhere in this Quarterly Report on Form 10-Q. The following discussion contains forward-looking statements that reflect our plans, estimates and assumptions. Our actual results could differ materially from those discussed in the forward-looking statements. Factors that could cause such differences are discussed in the sections of this Quarterly Report on Form 10-Q titled “Risk Factors” and “Special Note Regarding Forward-Looking Statements”.

We operate on a 52- or 53-week fiscal year that ends on the Saturday that is closest to January 31. Each fiscal year generally is comprised of four 13-week fiscal quarters, although in the years with 53 weeks, the fourth quarter represents a 14-week period. The fiscal year ending February 2, 2019 (“Fiscal Year 2018”) and fiscal year ended February 3, 2018 (“Fiscal Year 2017”) are comprised of 52 weeks and 53 weeks, respectively.

Overview

J.Jill is a premier omnichannel retailer and nationally recognized women’s apparel brand committed to delighting customers with great wear-now product. The brand represents an easy, relaxed, inspired style that reflects the confidence and comfort of a woman with a rich, full life. J.Jill provides guiding service through more than 270 stores nationwide and a robust e-commerce platform. J.Jill is headquartered outside Boston.

Factors Affecting Our Operating Results

Various factors are expected to continue to affect our results of operations going forward, including the following:

Overall Economic Trends. Consumer purchases of clothing and other merchandise generally decline during recessionary periods and other periods when disposable income is adversely affected, and consequently our results of operations may be affected by general economic conditions. For example, reduced consumer confidence and lower availability and higher cost of consumer credit may reduce demand for our merchandise and may limit our ability to increase or sustain prices. The growth rate of the market could be affected by macroeconomic conditions in the United States.

Consumer Preferences and Fashion Trends. Our ability to maintain our appeal to existing customers and attract new customers depends on our ability to anticipate fashion trends. During periods in which we have successfully anticipated fashion trends, we have generally had more favorable results.

Competition. The retail industry is highly competitive and retailers compete based on a variety of factors, including design, quality, price and customer service. Levels of competition and the ability of our competitors to more accurately predict fashion trends and otherwise attract customers through competitive pricing or other factors may impact our results of operations.

Our Strategic Initiatives. Our business will continue to have an impact on our results of operations, including our newly re-platformed e-commerce site. Although initiatives of this nature are designed to create growth in our business and continuing improvement in our operating results, the timing of expenditures related to these initiatives, as well as the achievement of returns on our investments, may affect our results of operation in future periods.

Pricing and Changes in Our Merchandise Mix. Our product offering changes from period to period, as do the prices at which goods are sold and the margins we are able to earn from the sales of those goods. The levels at which we are able to price our merchandise are influenced by a variety of factors, including the quality of our products, cost of production, prices at which our competitors are selling similar products and the willingness of our customers to pay for products.

How We Assess the Performance of Our Business

In assessing the performance of our business, we consider a variety of financial and operating metrics, including GAAP and non-GAAP measures, including the following:

Net sales consists primarily of revenues, net of merchandise returns and discounts, generated from the sale of apparel and accessory merchandise through our retail channel and direct channel. Net sales also include shipping and handling fees collected from customers and royalty revenues and marketing reimbursements related to our private label credit card agreement. Revenue from our retail channel is recognized at the time of sale and revenue from our direct channel is recognized upon shipment of merchandise to the customer.

11


Table of Contents

 

Net sales are impacted by the size of our active customer base, product assortment and availability, marketing and promotional activities and the spending habits of our customers. Net sales are also impacted by the migration of single-channel customers to omnichannel customers who, on average, spend nearly three times more than single-channel customers.

Total company comparable sales includes net sales from our full-price stores that have been open for more than 52 weeks and from our direct channel. This measure highlights the performance of existing stores open during the period, while excluding the impact of new store openings and closures. When a store in the total company comparable store base is temporarily closed for remodeling or other reasons, it is included in total company comparable sales only using the full weeks it was open. Certain of our competitors and other retailers may calculate total company comparable sales differently than we do. As a result, the reporting of our total company comparable sales may not be comparable to sales data made available by other companies.

Number of stores reflects all stores open at the end of a reporting period. In connection with opening new stores, we incur pre-opening costs. Pre-opening costs include expenses incurred prior to opening a new store and primarily consist of payroll, travel, training, marketing, initial opening supplies and costs of transporting initial inventory and fixtures to store locations, as well as occupancy costs incurred from the time of possession of a store site to the opening of that store. These pre-opening costs are included in selling, general and administrative expenses and are generally incurred and expensed within 30 days of opening a new store.

Gross profit is equal to our net sales less costs of goods sold. Gross profit as a percentage of our net sales is referred to as gross margin. Costs of goods sold includes the direct costs of sold merchandise, inventory shrinkage, and adjustments and reserves for excess, aged and obsolete inventory. We review our inventory levels on an ongoing basis to identify slow-moving merchandise and use product markdowns to efficiently sell these products. Changes in the assortment of our products may also impact our gross profit. The timing and level of markdowns are driven by customer acceptance of our merchandise. Certain of our competitors and other retailers may report costs of goods sold differently than we do. As a result, the reporting of our gross profit and gross margin may not be comparable to other companies.

The primary drivers of the costs of goods sold are raw materials, which fluctuate based on certain factors beyond our control, including labor conditions, transportation or freight costs, energy prices, currency fluctuations and commodity prices. We place orders with merchandise suppliers in United States dollars and, as a result, are not exposed to significant foreign currency exchange risk.

Selling, general and administrative expenses include all operating costs not included in costs of goods sold. These expenses include all payroll and related expenses, occupancy costs and other operating expenses related to our stores and to our operations at our headquarters, including utilities, depreciation and amortization. These expenses also include marketing expense, including catalog production and mailing costs, warehousing, distribution and shipping costs, customer service operations, consulting and software services, professional services and other administrative costs.

Our historical revenue growth has been accompanied by increased selling, general and administrative expenses. The most significant increases were in occupancy costs associated with retail store expansion, and in marketing and payroll investments. While we expect these expenses to increase as we continue to open new stores, increase brand awareness and grow our business, we believe these expenses will decrease as a percentage of net sales over time.

Adjusted EBITDA and Adjusted EBITDA Margin. Adjusted EBITDA, which represents net income (loss) plus interest expense, provision (benefit) for income taxes, depreciation and amortization, equity-based compensation expense, write-off of property and equipment, and other non-recurring expenses and one-time items. We present Adjusted EBITDA on a consolidated basis because management uses it as a supplemental measure in assessing our operating performance, and we believe that it is helpful to investors, securities analysts and other interested parties as a measure of our comparative operating performance from period to period. We also use Adjusted EBITDA as one of the primary methods for planning and forecasting overall expected performance of our business and for evaluating on a quarterly and annual basis actual results against such expectations. Further, we recognize Adjusted EBITDA as a commonly used measure in determining business value and as such, use it internally to report results.

While we believe that Adjusted EBITDA is useful in evaluating our business, Adjusted EBITDA is a non-GAAP financial measure that has limitations as an analytical tool. Adjusted EBITDA should not be considered an alternative to, or substitute for, net income (loss), which is calculated in accordance with GAAP. In addition, other companies, including companies in our industry, may calculate Adjusted EBITDA differently or not at all, which reduces the usefulness of Adjusted EBITDA as a tool for comparison. We recommend that you review the reconciliation and calculation of Adjusted EBITDA and Adjusted EBITDA margin to net income (loss), the most directly comparable GAAP financial measure, below and not rely solely on Adjusted EBITDA or any single financial measure to evaluate our business.

12


Table of Contents

 

Reconciliation of Net Income to Adjusted EBITDA and Calculation of Adjusted EBITDA Margin

The following table provides a reconciliation of net income to Adjusted EBITDA and the calculation of Adjusted EBITDA margin for the periods presented.

 

 

 

For the Thirteen Weeks Ended

 

(in thousands)

 

May 5, 2018

 

 

April 29, 2017

 

Statements of Operations Data:

 

 

 

 

 

 

 

 

Net income

 

$

11,258

 

 

$

8,027

 

Interest expense

 

 

4,817

 

 

 

4,945

 

Provision for income taxes

 

 

3,972

 

 

 

5,603

 

Depreciation and amortization

 

 

9,357

 

 

 

8,799

 

Equity-based compensation expense(a)

 

 

760

 

 

 

24

 

Write-off of property and equipment (b)

 

 

12

 

 

 

2

 

Other non-recurring expenses(c)

 

 

1,346

 

 

 

3,585

 

Adjusted EBITDA

 

$

31,522

 

 

$

30,985

 

Net sales

 

$

181,541

 

 

$

166,126

 

Adjusted EBITDA margin

 

 

17.4

%

 

 

18.7

%

 

(a)

Represents expenses associated with equity incentive instruments granted to our management and board of directors. Incentive instruments are accounted for as equity-classified awards with the related compensation expense recognized based on fair value at the date of the grants.

(b)

Represents net gain or loss on the disposal of fixed assets.

(c)

Represents items management believes are not indicative of ongoing operating performance. For the period ended April 29, 2017, these expenses are primarily composed of legal and professional fees associated with the initial public offering completed March 14, 2017 and our subsequent transition to a public company. For the period ended May 5, 2018, these expenses include costs related to the departure of our previous Chief Executive Officer and the appointment of our current Chief Executive Officer.

Results of Operations

Thirteen weeks ended May 5, 2018 Compared to Thirteen weeks ended April 29, 2017

The following table summarizes our consolidated results of operations for the periods indicated:

 

 

 

For the Thirteen Weeks Ended

 

 

Change from the Thirteen Weeks Ended April 29, 2017 to the Thirteen Weeks

 

(in thousands)

 

May 5, 2018

 

 

April 29, 2017

 

 

Ended May 5, 2018

 

 

 

Dollars

 

 

% of Net

Sales

 

 

Dollars

 

 

% of Net

Sales

 

 

$ Change

 

 

% Change

 

Net sales

 

$

181,541

 

 

 

100.0

%

 

$

166,126

 

 

 

100.0

%

 

$

15,415

 

 

 

9.3

%

Costs of goods sold

 

 

61,200

 

 

 

33.7

%

 

 

50,518

 

 

 

30.4

%

 

 

10,682

 

 

 

21.1

%

Gross profit

 

 

120,341

 

 

 

66.3

%

 

 

115,608

 

 

 

69.6

%

 

 

4,733

 

 

 

4.1

%

Selling, general and administrative expenses

 

 

100,294

 

 

 

55.2

%

 

 

97,033

 

 

 

58.4

%

 

 

3,261

 

 

 

3.4

%

Operating income

 

 

20,047

 

 

 

11.1

%

 

 

18,575

 

 

 

11.2

%

 

 

1,472

 

 

 

7.9

%

Interest expense

 

 

4,817

 

 

 

2.7

%

 

 

4,945

 

 

 

3.0

%

 

 

(128

)

 

 

(2.6

)%

Income before provision for income taxes

 

 

15,230

 

 

 

8.4

%

 

 

13,630

 

 

 

8.2

%

 

 

1,600

 

 

 

11.7

%

Provision for income taxes

 

 

3,972

 

 

 

2.2

%

 

 

5,603

 

 

 

3.4

%

 

 

(1,631

)

 

 

(29.1

)%

Net income

 

$

11,258

 

 

 

6.2

%

 

$

8,027

 

 

 

4.8

%

 

$

3,231

 

 

 

40.3

%

 

Net Sales

Net sales for the thirteen weeks ended May 5, 2018 increased $15.4 million, or 9.3%, to $181.5 from $166.1 million for the thirteen weeks ended April 29, 2017.  At the end of those same periods, we operated 273 and 276 retail stores, respectively. The increase in net sales was due to a 2.3% increase in total company comparable sales, driven by an increase in our active customer base. The first quarter of Fiscal Year 2018 also reflects the benefit of a high-volume week in May, that replaced a low volume week in February due to a calendar shift created by the 53rd week in fiscal 2017.

13


Table of Contents

 

Our retail channel contributed 59.5% of our net sales in the thirteen weeks ended May 5, 2018 and 57.4% in the thirteen weeks ended April 29, 2017. Our direct channel contributed 40.5% of our net sales in the thirteen weeks ended May 5, 2018 and 42.6% in the thirteen weeks ended April 29, 2017.

Gross Profit and Costs of Goods Sold

Gross profit for the thirteen weeks ended May 5, 2018 increased $4.7 million, or 4.1%, to $120.3 from $115.6 million for the thirteen weeks ended April 29, 2017. The increase was primarily due to increased sales.  The gross margin for the thirteen weeks ended May 5, 2018 was 66.3% compared to 69.6% for the thirteen weeks ended April 29, 2017, largely driven by added promotions and markdowns to clear certain goods.

Selling, General and Administrative Expenses

Selling, general and administrative expenses for the thirteen weeks ended May 5, 2018 increased $3.3 million, or 3.4%, to $100.3 from $97.0 million for the thirteen weeks ended April 29, 2017. The increase is related to higher sales related expenses of $1.4 million, including retail payroll, occupancy and direct fulfillment and increased marketing costs of $2.7 million.  There were additional expenses of $0.7 million related to depreciation and amortization and costs associated with investments in technology.  These increases were partially offset by a decrease in net employee compensation which is primarily driven by incentive expense.

As a percentage of net sales, selling, general and administrative expenses were 55.2% for the thirteen weeks ended May 5, 2018 compared to 58.4% for the thirteen weeks ended April 29, 2017.  

Interest Expense

Interest expense for the thirteen weeks ended May 5, 2018 decreased $0.1 million, or 2.6%, to $4.8 from $4.9 million for the thirteen weeks ended April 29, 2017.

Provision for Income Taxes

The provision for income taxes was $4.0 for the thirteen weeks ended May 5, 2018 compared to $5.6 million for the thirteen weeks ended April 29, 2017. Our effective tax rates for the same periods were 26.1% and 41.1%, respectively. The decrease in the effective tax rate is primarily due to the new U.S. tax legislation.  The U.S. Tax Cuts and Jobs Act, enacted in December 2017, is subject to a number of provisions, including a reduction of the U.S. federal corporate income tax rate from 35.0% to 21.0% (effective January 1, 2018) and a change in certain business deductions, including allowing for immediate expensing of certain qualified capital expenditures.

Liquidity and Capital Resources

General

Our primary sources of liquidity and capital resources are cash generated from operating activities and availability under our ABL credit agreement, dated as of May 8, 2015, by and among Jill Holdings LLC, Jill Acquisition LLC, certain subsidiaries from time to time party thereto, the lenders party thereto and CIT Finance LLC as the administrative agent and collateral agent, as amended on May 27, 2016 by Amendment No. 1 thereto (the “ABL Facility”). Our primary requirements for liquidity and capital are working capital and general corporate needs, including merchandise inventories, marketing, including catalog production and distribution, payroll, store occupancy costs and capital expenditures associated with opening new stores, remodeling existing stores and upgrading information systems and the costs of operating as a public company. We believe that our current sources of liquidity and capital will be sufficient to finance our continued operations for at least the next 12 months. There can be no assurance, however, that our business will generate sufficient cash flows from operations or that future borrowings will be available under our ABL Facility or otherwise to enable us to service our indebtedness, or to make capital expenditures in the future. Our future operating performance and our ability to service or extend our indebtedness will be subject to future economic conditions and to financial, business, and other factors, many of which are beyond our control.

Capital expenditures were $2.2 million for the thirteen weeks ended May 5, 2018 compared to $4.4 million for the thirteen weeks ended April 29, 2017.  The decrease in capital expenditures in fiscal year 2018 was due primarily to a decrease in spending on technology projects and stores investments.

14


Table of Contents

 

Cash Flow Analysis

The following table shows our cash flows information for the periods presented:

  

 

 

For the Thirteen Weeks Ended

 

(in thousands)

 

May 5, 2018

 

 

April 29, 2017

 

Net cash provided by operating activities

 

$

5,535

 

 

$

6,987

 

Net cash used in investing activities

 

 

(2,150

)

 

 

(4,423

)

Net cash used in financing activities

 

 

(700

)

 

 

(700

)

Net Cash provided by Operating Activities

Net cash provided by operating activities during the thirteen weeks ended May 5, 2018 was $5.5 million. Key elements of cash provided by operating activities were (i) net income of $11.3 million, (ii) adjustments to reconcile net income to net cash provided by operating activities of $8.6 million, primarily driven by depreciation and amortization, deferred income taxes and equity based compensation partially offset by (iii) an increase in net operating assets and liabilities of $14.3 million, primarily driven by cash uses in accounts payable, offset by cash provided by accrued expenses.

Net cash provided by operating activities during the thirteen weeks ended April 29, 2017 was $7.0 million. Key elements of cash provided by operating activities were (i) net income of $8.0 million, and (ii) adjustments to reconcile net income to net cash provided by operating activities of $9.1 million, primarily driven by depreciation and amortization and deferred income taxes partially offset by (iii) an increase in net operating assets and liabilities and of $10.1 million, primarily driven by cash uses in inventory, accounts receivable, and taxes payable, offset with cash provided by accrued expenses and other non-concurrent assets and liabilities.

Net Cash used in Investing Activities

Net cash used in investing activities during the thirteen weeks ended May 5, 2018 was $2.2 million, representing purchases of property and equipment related investments in stores and information systems.

Net cash used in investing activities during the thirteen weeks ended April 29, 2017 was $4.4 million, representing purchases of property and equipment related investments in stores and information systems.

Net Cash used in Financing Activities

Net cash used in financing activities during the thirteen weeks ended May 5, 2018 was $0.7 million, which was the scheduled repayment of our term loan credit agreement, dated as of May 8, 2015, by and among Jill Holdings LLC, Jill Acquisition LLC, a wholly-owned subsidiary of us, the various leaders party thereto and Jefferies Finance LLC as the administrative agent, as amended on May 27, 2016 by Amendment No. 1 thereto (the “Term Loan”).

Net cash used in financing activities during the thirteen weeks ended April 29, 2017 was $0.7 million, which was the scheduled repayment of our Term Loan.

Dividends

We intend to retain any future earnings for use in the operation and growth of our business, and therefore we do not anticipate paying any cash dividends in the foreseeable future.

Credit Facilities

At May 5, 2018 and February 3, 2018 there were no loan amounts outstanding under the ABL Facility. At those same dates, we had outstanding letters of credit in the amounts of $1.6 million and our maximum additional borrowing capacity was $38.4 million.

Contractual Obligations

The Company’s contractual obligations consist primarily of long-term debt obligations, interest payments, operating leases and purchase orders for merchandise inventory. These contractual obligations impact the Company’s short-term and long-term liquidity and capital resource needs. During the thirteen weeks ended May 5, 2018, there were no material changes in the contractual obligations as of February 3, 2018.

15


Table of Contents

 

Contingencies

Shareholder Class Action Lawsuits

On October 13, 2017, a securities lawsuit was filed in the United States District Court for the District of Massachusetts against the Company, several members of our Board of Directors and our Chief Financial Officer, among others. The complaint was brought under the Securities Act of 1933 and sought certification of a class of plaintiffs comprised of all shareholders that acquired stock issued by the Company in its initial public offering in March 2017. The plaintiffs sought compensation for losses they incurred since purchasing the stock.  Following the filing of this lawsuit, two additional, similar actions were brought in the same court. The three matters were eventually consolidated, and a lead plaintiff was appointed by the court. On March 9, 2018, an amended complaint captioned The Pension Trust v. J.Jill, Inc., et al. was filed. The Company filed a motion to dismiss on May 14, 2018. The Company believes the claims in the case are without merit and intends to defend the matter vigorously. No material amount has been accrued.

Off-Balance Sheet Arrangements

We are not a party to any off-balance sheet arrangements.

Critical Accounting Policies and Significant Estimates

The most significant accounting estimates involve a high degree of judgment or complexity. Management believes the estimates and judgments most critical to the preparation of our consolidated financial statements and to the understanding of our reported financial results include those made in connection with revenue recognition, including accounting for gift card breakage and estimated merchandise returns; estimating the value of inventory; impairment assessments for goodwill and other indefinite-lived intangible assets, and long-lived assets; and estimating equity-based compensation expense. Management evaluates its policies and assumptions on an ongoing basis.

Our significant accounting policies related to these accounts in the preparation of our consolidated financial statements are described under the heading “Management Discussion and Analysis of Financial Condition and Results of Operations – Critical Accounting Policies and Significant Estimates” in our Annual Report on Form 10-K for the fiscal year ended February 3, 2018. As of the date of this filing, there were no significant changes to any of the critical accounting policies and estimates previously described in our Annual Report on Form 10-K, except for the effects of the adoption of ASC 606 – Revenue from Contracts with Customers. Refer to Note 2 to our unaudited consolidated financial statements included in this Quarterly Report on Form 10-Q, under header, “Significant Accounting Policies Update” for the effects and disclosures of adoption.

Recent Accounting Pronouncements

Refer to Note 2 to our unaudited consolidated financial statements included in this Quarterly Report on Form 10-Q, for recently adopted accounting standards, including the dates of adoption and estimated effects on our results of operations, financial position or cash flows.

Special Note Regarding Forward-Looking Statements

This Quarterly Report on Form 10-Q contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are generally identified by the use of forward-looking terminology, including the terms “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and, in each case, their negative or other various or comparable terminology. All statements other than statements of historical facts contained in this Quarterly Report on Form 10-Q, including statements regarding our strategy, future operations, future financial position, future revenue, projected costs, prospects, plans, objectives of management and expected market growth are forward-looking statements.

These forward-looking statements involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. All written and oral forward-looking statements made in connection with this Quarterly Report on Form 10-Q that are attributable to us or persons acting on our behalf are expressly qualified in their entirety by the Risk Factors set forth in our Annual Report on Form 10-K for the year ended February 3, 2018 and other cautionary statements included therein and herein.

These forward-looking statements reflect our views with respect to future events as of the date of this Quarterly Report on Form 10-Q and are based on assumptions and subject to risks and uncertainties. Given these uncertainties, you should not place undue reliance on these forward-looking statements. These forward-looking statements represent our estimates and assumptions only as of

16


Table of Contents

 

the date of this Quarterly Report on Form 10-Q and, except as required by law, we undertake no obligation to update or review publicly any forward-looking statements, whether as a result of new information, future events or otherwise after the date of this Quarterly Report on Form 10-Q. We anticipate that subsequent events and developments will cause our views to change. We qualify all of our forward-looking statements by these cautionary statements.

17


Table of Contents

 

Item 3. Quantitative and Qualitative Disclosures About Market Risk

Interest Rate Risk

We are subject to interest rate risk in connection with borrowings under the Term Loan and ABL Facility, which bear interest at variable rates equal to LIBOR plus a margin as defined in the respective agreements described above. As of May 5, 2018, there was no outstanding balance under the ABL Facility, and $1.6 million letters of credit outstanding. The undrawn borrowing availability under the ABL Facility was $38.4 million and the amount outstanding under the Term Loan had decreased to $247.5 million as a result of the scheduled repayments. We currently do not engage in any interest rate hedging activity. Based on the interest rate on the ABL Facility at May 5, 2018, and the schedule of outstanding borrowings under our Term Loan, a 10% change in our current interest rate would affect net income by $1.3 million during Fiscal Year 2018.

Impact of Inflation

Our results of operations and financial condition are presented based on historical cost. While it is difficult to accurately measure the impact of inflation due to the imprecise nature of the estimates required, we believe the effects of inflation, if any, on our results of operations and financial condition have been immaterial. We cannot assure you our business will not be affected in the future by inflation.

Item 4. Controls and Procedures

Evaluation of Disclosure Controls and Procedures

We maintain disclosure controls and procedures that are designed to provide reasonable assurance that information required to be disclosed in the reports we file or submit under the Securities Exchange Act of 1934, as amended, is recorded, processed, summarized and reported within the time periods specified in the SEC’s rules and forms, and that such information is accumulated and communicated to our management, including our Chief Executive Officer and Chief Financial Officer, to allow timely decisions regarding required disclosure.

Our management, under the supervision of our Chief Executive Officer and Chief Financial Officer, evaluated the effectiveness of our disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as amended) as of the end of the period covered by this Quarterly Report on Form-10-Q. Based on that evaluation, our Chief Executive Officer and Chief Financial Officer have concluded that as of the end of the period covered by this Quarterly Report on Form-10-Q, our disclosure controls and procedures were effective to provide such reasonable assurance.

Changes to Internal Control over Financial Reporting

There were no significant changes in our internal control over financial reporting, (as defined in Rules 13a-15(e) and 15d-15(e) under the Act) during the fiscal quarter ended May 5, 2018 identified in connection with the evaluation by our management, including our Chief Executive Officer and Chief Financial Officer, that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

Limitations on the Effectiveness of Controls and Procedures

In designing and evaluating our disclosure controls and procedures, our management recognizes that any controls and procedures, no matter how well designed and operated, can provide only reasonable, not absolute, assurance of achieving the desired control objectives. In addition, the design of disclosure controls and procedures must reflect the fact that there are resource constraints and our management is required to apply judgment in evaluating the benefits of possible controls and procedures relative to their costs. The design of any disclosure controls and procedures also is based in part upon certain assumptions about the likelihood of future events, and there can be no assurance that any design will succeed in achieving its stated goals under all potential future conditions.

18


Table of Contents

 

PART II—OTHER INFORMATION

Item 1. Legal Proceedings

Shareholder Class Action Lawsuits

On October 13, 2017, a securities lawsuit was filed in the United States District Court for the District of Massachusetts against the Company, several members of our Board of Directors and our Chief Financial Officer, among others. The complaint was brought under the Securities Act of 1933 and sought certification of a class of plaintiffs comprised of all shareholders that acquired stock issued by the Company in its initial public offering in March 2017. The plaintiffs sought compensation for losses they incurred since purchasing the stock.  Following the filing of this lawsuit, two additional, similar actions were brought in the same court. The three matters were eventually consolidated, and a lead plaintiff was appointed by the court. On March 9, 2018, an amended complaint captioned The Pension Trust v. J.Jill, Inc., et al. was filed. The Company filed a motion to dismiss on May 14, 2018. The Company believes the claims in the case are without merit and intends to defend the matter vigorously. No material amount has been accrued.

We are not presently party to any other legal proceedings the resolution of which we believe would have a material adverse effect on our business, financial condition, operating results or cash flows. We establish reserves for specific legal matters when we determine that the likelihood of an unfavorable outcome is probable and the loss is reasonably estimable.

Item 1A. Risk Factors

Factors that could cause our actual results to differ materially from those in this report are described under the heading “Risk Factors” in our Annual Report on Form 10-K for the fiscal year ended February 3, 2018. Any of these factors could result in a significant or material adverse effect on our results of operations or financial condition. As of the date of this Quarterly Report on Form 10-Q, there have been no material changes to the risk factors previously disclosed in our Annual Report on Form 10-K.  However, additional risk factors not presently known to us or that we currently deem immaterial may also impair our business or results of operations and we may disclose changes to such factors or disclose additional factors from time to time in our future filings with the SEC.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

None.

Item 3. Defaults Upon Senior Securities

None.

Item 4. Mine Safety Disclosures

Not applicable.

Item 5. Other Information

None.

Item 6. Exhibits

The exhibits listed on the Exhibit Index are filed or furnished as part of this Quarterly Report on Form 10-Q.

 

19


Table of Contents

 

Exhibit Index

 

Exhibit

Number

 

Description

 

 

 

  31.1

 

Certification of Principal Executive Officer required by Rules 13a-14(a) and 15d-14(a) under the Securities Exchange Act of 1934, as amended, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

 

 

 

  31.2

 

Certification of Principal Financial Officer required by Rules 13a-14(a) and 15d-14(a) under the Securities Exchange Act of 1934, as amended, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

 

 

 

  32.1*

 

Certification of Principal Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

 

 

 

  32.2*

 

Certification of Principal Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

 

 

 

101.INS

 

XBRL Instance Document

 

 

 

101.SCH

 

XBRL Taxonomy Extension Schema Document

 

 

 

101.CAL

 

XBRL Taxonomy Extension Calculation Linkbase Document

 

 

 

101.DEF

 

XBRL Taxonomy Extension Definition Linkbase Document

 

 

 

101.LAB

 

XBRL Taxonomy Extension Label Linkbase Document

 

 

 

101.PRE

 

XBRL Taxonomy Extension Presentation Linkbase Document

 

*

Furnished herewith.

 

20


Table of Contents

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

 

 

J.Jill, Inc.

 

 

 

 

Date: June 14, 2018

 

By:

/s/ Linda Heasley

 

 

 

Linda Heasley

 

 

 

Chief Executive Officer and Director

 

 

 

 

Date: June 14, 2018

 

By:

/s/ David Biese

 

 

 

David Biese

 

 

 

Executive Vice President, Chief Financial and Operating Officer

 

 

21

EX-31.1 2 jill-ex311_8.htm EX-31.1 jill-ex311_8.htm

Exhibit 31.1

CERTIFICATION PURSUANT TO

RULES 13a-14(a) AND 15d-14(a) UNDER THE SECURITIES EXCHANGE ACT OF 1934,

AS AMENDED, AS ADOPTED PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Linda Heasley, certify that:

1.

I have reviewed this Quarterly Report of J.Jill, Inc. (the “Company”) on Form 10-Q for the period ended May 5, 2018;

2.

Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.

Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4.

The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Securities Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

 

(a)

Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

(b)

Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

 

(c)

Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

 

(d)

Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5.

The registrant's other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

 

(a)

All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

 

(b)

Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

 

Date: June 14, 2018

 

By:

 

/s/ Linda Heasley

 

 

 

 

Linda Heasley

 

 

 

 

Chief Executive Officer and Director

 

EX-31.2 3 jill-ex312_9.htm EX-31.2 jill-ex312_9.htm

Exhibit 31.2

CERTIFICATION PURSUANT TO

RULES 13a-14(a) AND 15d-14(a) UNDER THE SECURITIES EXCHANGE ACT OF 1934,

AS AMENDED, AS ADOPTED PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, David Biese, certify that:

1.

I have reviewed this Quarterly Report of J.Jill, Inc. (the “Company”) on Form 10-Q for the period ended May 5, 2018;

2.

Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.

Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4.

The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Securities Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

 

(a)

Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

(b)

Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

 

(c)

Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

 

(d)

Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5.

The registrant's other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

 

(a)

All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

 

(b)

Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

 

Date: June 14, 2018

 

By:

 

/s/ David Biese

 

 

 

 

David Biese

 

 

 

 

Executive Vice President, Chief Financial and Operating Officer

 

EX-32.1 4 jill-ex321_6.htm EX-32.1 jill-ex321_6.htm

 

Exhibit 32.1

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of J.Jill, Inc. (the “Company”) on Form 10-Q for the period ended May 5, 2018, as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I certify, pursuant to 18 U.S.C. § 1350, as adopted pursuant to § 906 of the Sarbanes-Oxley Act of 2002, that, to my knowledge:

 

(1)

The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

 

(2)

The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

 

Date: June 14, 2018

 

By:

 

/s/ Linda Heasley

 

 

 

 

Linda Heasley

 

 

 

 

Chief Executive Officer and Director

 

 

EX-32.2 5 jill-ex322_7.htm EX-32.2 jill-ex322_7.htm

 

Exhibit 32.2

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of J.Jill, Inc. (the “Company”) on Form 10-Q for the period ended May 5, 2018 as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I certify, pursuant to 18 U.S.C. § 1350, as adopted pursuant to § 906 of the Sarbanes-Oxley Act of 2002, that, to my knowledge:

 

(1)

The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

 

(2)

The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

 

Date: June 14, 2018

 

By:

 

/s/ David Biese

 

 

 

 

David Biese

 

 

 

 

Executive Vice President, Chief Financial and Operating Officer

 

 

EX-101.INS 6 jill-20180505.xml XBRL INSTANCE DOCUMENT shares iso4217:USD iso4217:USD shares jill:Store pure 0001687932 2018-02-04 2018-05-05 0001687932 2018-06-14 0001687932 2018-05-05 0001687932 2018-02-03 0001687932 2017-01-29 2017-04-29 0001687932 us-gaap:CommonStockMember 2018-02-03 0001687932 us-gaap:AdditionalPaidInCapitalMember 2018-02-03 0001687932 us-gaap:RetainedEarningsMember 2018-02-03 0001687932 us-gaap:RetainedEarningsMember 2018-02-04 2018-05-05 0001687932 us-gaap:CommonStockMember 2018-02-04 2018-05-05 0001687932 us-gaap:AdditionalPaidInCapitalMember 2018-02-04 2018-05-05 0001687932 us-gaap:CommonStockMember 2018-05-05 0001687932 us-gaap:AdditionalPaidInCapitalMember 2018-05-05 0001687932 us-gaap:RetainedEarningsMember 2018-05-05 0001687932 2017-01-28 0001687932 2017-04-29 0001687932 us-gaap:MinimumMember 2018-05-05 0001687932 us-gaap:AccountingStandardsUpdate201409Member us-gaap:RetainedEarningsMember us-gaap:DifferenceBetweenRevenueGuidanceInEffectBeforeAndAfterTopic606Member 2018-05-05 0001687932 us-gaap:AccountingStandardsUpdate201409Member us-gaap:RetainedEarningsMember 2018-05-05 0001687932 us-gaap:AccountingStandardsUpdate201409Member us-gaap:RetainedEarningsMember us-gaap:CalculatedUnderRevenueGuidanceInEffectBeforeTopic606Member 2018-05-05 0001687932 2018-02-04 2018-02-04 0001687932 us-gaap:OperatingExpenseMember 2018-02-04 2018-05-05 0001687932 us-gaap:SellingGeneralAndAdministrativeExpensesMember 2018-02-04 2018-05-05 0001687932 us-gaap:SellingGeneralAndAdministrativeExpensesMember 2017-01-29 2017-04-29 0001687932 us-gaap:SalesChannelThroughIntermediaryMember 2018-02-04 2018-05-05 0001687932 us-gaap:SalesChannelThroughIntermediaryMember 2017-01-29 2017-04-29 0001687932 us-gaap:SalesChannelDirectlyToConsumerMember 2018-02-04 2018-05-05 0001687932 us-gaap:SalesChannelDirectlyToConsumerMember 2017-01-29 2017-04-29 0001687932 2018-05-06 2018-05-05 0001687932 2019-02-03 2018-05-05 0001687932 2020-02-02 2018-05-05 0001687932 2018-05-05 0001687932 2018-05-06 2018-02-04 2018-05-05 0001687932 2019-02-03 2018-02-04 2018-05-05 0001687932 2020-02-02 2018-02-04 2018-05-05 0001687932 2018-02-04 2018-05-05 0001687932 2017-01-29 2017-12-31 0001687932 2017-01-29 2018-02-03 10-Q false 2018-05-05 2018 Q1 JILL J.Jill, Inc. 0001687932 --02-02 Non-accelerated Filer 43762392 28663000 25978000 9087000 4733000 77503000 80591000 21560000 21166000 136813000 132468000 113348000 118420000 145765000 148961000 197026000 197026000 620000 682000 593572000 597557000 33308000 53962000 55582000 48759000 2799000 2799000 91689000 105520000 238523000 238881000 44294000 46263000 28019000 27577000 402525000 418241000 438000 437000 118153000 117393000 72456000 61486000 191047000 179316000 593572000 597557000 0.01 0.01 250000000 250000000 43759200 43752790 43759200 43752790 181541000 166126000 61200000 50518000 120341000 115608000 100294000 97033000 20047000 18575000 4817000 4945000 15230000 13630000 3972000 5603000 11258000 8027000 0.27 0.19 0.26 0.18 42216331 42518143 43407414 43680485 43752790 437000 117393000 61486000 -288000 -288000 6410 1000 1000 760000 760000 11258000 43759200 438000 118153000 72456000 9357000 8793000 -12000 -2000 396000 667000 760000 24000 -46000 249000 -1867000 -624000 4355000 6606000 -3088000 6942000 1465000 495000 -20481000 -380000 8271000 1261000 -607000 -3011000 5535000 6987000 2150000 4423000 -2150000 -4423000 700000 700000 -700000 -700000 2685000 1864000 13468000 15332000 <div> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">1. Description of Business</p> <p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">J.Jill, Inc.,&#8220;J.Jill&#8221; or the &#8220;Company&#8221;, is a premier omnichannel retailer and nationally recognized women&#8217;s apparel brand committed to delighting customers with great wear-now product. The brand represents an easy, relaxed, inspired style that reflects the confidence and comfort of a woman with a rich, full life. J.Jill provides guiding service through more than 270 stores nationwide and a robust e-commerce platform. J.Jill is headquartered outside Boston.</p></div> <div> <p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">2. Summary of Significant Accounting Policies </p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:0%;font-weight:bold;font-style:italic;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;">Basis of Presentation </p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Our interim consolidated financial statements are unaudited. All significant intercompany balances and transactions have been eliminated in consolidation. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America (&#8220;GAAP&#8221;) have been omitted, in accordance with the rules of the Securities and Exchange Commission (the &#8220;SEC&#8221;). In the opinion of management, these interim consolidated financial statements contain all normal and recurring adjustments necessary to state fairly the financial position and results of operations of the Company. The consolidated balance sheet as of February&#160;3,&#160;2018 is derived from the audited consolidated balance sheet as of that date. The unaudited results of operations for the thirteen weeks ended May 5, 2018 are not necessarily indicative of future results or results to be expected for the full year ending February&#160;2,&#160;2019. You should read these statements in conjunction with our audited consolidated financial statements and related notes in our Annual Report on Form 10-K for the year ended February&#160;3,&#160;2018. </p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Significant changes to our accounting policies as a result of adopting Accounting Standards Update (&#8220;ASU&#8221;) 2014-09<font style="font-size:12pt;"> &#8211; </font><font style="font-style:italic;">Revenue from Contracts with Customers</font> <font style="font-style:italic;">(Topic 606)</font> are discussed below in &#8220;Significant Accounting Policies Update&#8221; and Note 3.</p> <p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Recently Adopted Accounting Policies</p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In May 2014, the FASB issued ASU 2014-09<font style="font-size:12pt;"> &#8211; </font><font style="font-style:italic;">Revenue from Contracts with Customers (Topic 606)</font>, which supersedes the revenue recognition requirements in FASB ASC Topic 605 &#8211; <font style="font-style:italic;">Revenue Recognition</font>. The new guidance established principles for reporting revenue and cash flows arising from an entity&#8217;s contracts with customers. The Company adopted ASU 2014-09 and related amendments, collectively known as Accounting Standards Codification 606 (&#8220;Topic 606&#8221;) as of February 4, 2018 on a modified retrospective basis. See &#8220;Significant Accounting Policies Update&#8221; and Note 3 for a discussion of our updated policies related to revenue recognition and disclosures related to the impact of this standard.</p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In October 2016 the FASB issued <font style="Background-color:#FFFFFF;color:#000000;">ASU 2016-16, </font><font style="font-style:italic;Background-color:#FFFFFF;color:#000000;">Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory</font><font style="Background-color:#FFFFFF;color:#000000;">. This update&#160;is intended to improve the accounting for the income tax consequences of intra-entity transfers of assets other than inventory. Under the new guidance, an entity would recognize the current and deferred income tax consequences of an intra-entity asset transfer when the transfer occurs. Intra-entity inventory transfers would still be an exception. The provisions of ASU 2016-16 were adopted as of February 4, 2018 under the modified retrospective method with no cumulative-effect adjustment to retained earnings.</font></p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="Background-color:#FFFFFF;">In August 2016, the FASB issued ASU 2016-15,&#160;</font><font style="font-style:italic;Background-color:#FFFFFF;">Statement of Cash Flows - Classification of Certain Cash Receipts and Cash Payments,</font><font style="Background-color:#FFFFFF;">&#160;</font><font style="Background-color:#FFFFFF;">which addresses eight specific cash flow issues with the objective of reducing the existing diversity in practice in how certain cash receipts and cash payments are presented and classified in the statement of cash flows. The standard was retrospectively adopted as of February 4, 2018 and did not have an impact on the consolidated statement of cash flows.</font></p> <p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Significant Accounting Policies Update</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Adoption of ASC Topic 606: Revenue from Contracts with Customers</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">On February 4, 2018, the Company adopted Topic 606 using the modified retrospective method applied to contracts which were not completed as of February 4, 2018. As part of the adoption of Topic 606, Topic 340-20 &#8211; <font style="font-style:italic;">Capitalized Advertising Costs</font> was superseded and therefore, the Company transitioned to ASC 720-35 &#8211; <font style="font-style:italic;">Advertising Costs </font>for reporting on costs of advertising. Results for reporting periods beginning after February 4, 2018 are presented under Topic 606 and Topic 720, while prior period amounts are not adjusted and continue to be reported in accordance with our historic accounting under Topic 605 and Topic 340.</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company recorded a cumulative reduction to opening retained earnings of $0.3 million. The impact on opening retained earnings was a $0.8 million decrease from the acceleration of prepaid catalog expenses offset by a $0.5 million increase from the recognition of direct revenues previously deferred under Topic 605.</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Effective February 4, 2018, the Company changed its consolidated balance sheet presentation for expected sales returns and recorded a $5.0 million return asset and a corresponding increase to the return liability to present our sales reserve gross in accordance with Topic 606. In addition, as of the date of adoption of Topic 606, the Company will present reimbursements of costs of marketing programs related to the private label credit card gross in the consolidated statement of operations with no impact to opening retained earnings. </p> <p style="margin-top:18pt;margin-bottom:0pt;text-indent:4.54%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Revenue Recognition</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Revenue is primarily derived from the sale of apparel and accessory merchandise through our retail channel and direct channel, which includes website and catalog phone orders. Revenue also includes shipping and handling fees collected from customers. Topic 606 requires entities to recognize revenue when control of the promised goods or services are transferred to customers at an amount that reflects the consideration to which the entity expects to be entitled to in exchange for those goods or services.&#160; Revenue from our retail channel is recognized at the time of sale and revenue from our direct channel is recognized upon shipment of merchandise to the customer.</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company has a return policy where merchandise returns will be accepted within 90 days of the original purchase date.&#160;&#160;At the time of sale, the Company records an estimated sales reserve for merchandise returns based on historical prior returns experience and expected future returns. The estimated sales reserve is recorded as a return asset (and corresponding adjustment to cost of goods sold) for the cost of inventory and a return liability for the amount to settle the return with a customer (and a corresponding adjustment to revenue). The return asset and return liability are recorded in prepaid expenses and other assets, and accrued expenses and other current liabilities, respectively, in the consolidated balance sheet. The Company collects and remits sales and use taxes in all states in which retail and direct sales occur and taxes are applicable. These taxes are reported on a net basis and are thereby excluded from revenue.</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company sells gift cards without expiration dates to customers. The Company does not charge administrative fees on unused gift cards. Proceeds from the sale of gift cards are recorded as a contract liability until the customer redeems the gift card or when the likelihood of redemption is remote. Based on historical experience, the Company estimates the value of outstanding gift cards that will ultimately not be redeemed (&#8220;gift card breakage&#8221;) and will not be escheated under statutory unclaimed property laws. This gift card breakage is recognized as revenue over the time period established by the Company&#8217;s historical gift card redemption pattern.</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company recognizes revenues from shipments to customers before the shipping and handling activities occur and will accrue those related costs. Shipping and handling costs are recorded in selling, general and administrative expenses. There is no change to the Company&#8217;s comparative reporting of shipping and handling costs as a result of adopting of Topic 606.</p> <p style="margin-top:18pt;margin-bottom:0pt;text-indent:4.54%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Credit Card Agreement</p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company has an arrangement with a third party to provide a private label credit card to its customers through August 2023, and will automatically renew thereafter for successive two year terms.&#160;The Company does not bear the credit risk associated with the private label credit card at any point prior to the termination of the agreement, at which point the Company is obligated to purchase the receivables. If the arrangement is terminated prior to September 7, 2021 and other criteria are met, the Company is obligated to pay a purchase price premium.&#160;The potential impact of the purchase obligation cannot be reasonably estimated, and therefore, has not been recorded.</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company receives royalty payments through its private label credit card agreement.&#160;The royalty payments are recognized as revenue when they are received.&#160;Royalty payments recognized in the thirteen weeks ended May 5, 2018 and April 29, 2017 were $1.4 million and $1.2 million, respectively.</p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company also receives reimbursements for costs of marketing programs related to the private label credit card, which are recorded as revenue as earned and the costs incurred are recorded as operating expenses in selling, general and administrative expenses in the accompanying consolidated statements of operations and comprehensive income (loss). Reimbursements for costs of marketing programs of $1.1 million were recognized in the thirteen weeks ended May 5, 2018. </p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The credit card agreement provides a signing bonus to the Company, which is recognized into revenue over the life of the agreement.</p> <p style="margin-bottom:0pt;margin-top:18pt;text-indent:4.54%;font-style:italic;font-size:10pt;font-family:Times New Roman;font-weight:normal;text-transform:none;font-variant: normal;">Advertising Costs </p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company incurs costs to produce, print, and distribute its catalogs.&#160;Catalog costs are considered direct response advertising, which are capitalized as incurred, and expensed when the catalog is mailed to the customer (the first time the advertising occurs).&#160;Advertising expenses were $10.1 million and $9.2 million in the thirteen weeks ended May 5, 2018 and April 29, 2017, respectively, and are included in selling, general and administrative expenses in the accompanying consolidated statements of operations and comprehensive income (loss). </p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Other advertising costs are recorded as incurred. Other advertising costs recorded were $5.8 million and $4.9 million for the thirteen weeks ended May 5, 2018 and April 29, 2017, respectively, and are included in selling, general and administrative expenses in the accompanying consolidated statements of operations and comprehensive income (loss).</p></div> <div> <p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">3. Revenues</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Disaggregation of Revenue</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company sells its products directly to consumers and the Company earns royalties from its licensees. The following table presents revenues disaggregated by revenue source (in thousands):</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p> <div> <table border="0" cellspacing="0" cellpadding="0" align="center" style="border-collapse:collapse; width:90%;"> <tr> <td valign="top" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:63.52%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.78%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td colspan="6" valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:33.66%; border-bottom:solid 0.75pt #000000;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">For the Thirteen Weeks Ended</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:63.52%; border-bottom:solid 0.75pt transparent;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.78%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td colspan="2" valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.44%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">May 5, 2018</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.78%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td colspan="2" valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.44%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">April 29, 2017<sup style="font-size:85%; vertical-align:top">(1)</sup></p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:11pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="top" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:63.52%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Retail</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.78%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">108,031</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.78%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">95,347</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="top" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:63.52%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Direct</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.78%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%; border-bottom:solid 0.75pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">73,510</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.78%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%; border-bottom:solid 0.75pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">70,779</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="top" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:63.52%; border-bottom:double 2.5pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Net revenues</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.78%; border-bottom:double 2.5pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">181,541</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.78%; border-bottom:double 2.5pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">166,126</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:1pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> </table></div> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:6.67%;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:6.67%;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;"><sup style="font-size:85%; vertical-align:top">(1)</sup><font style="font-weight:normal;"> As previously noted, prior period amounts have not been adjusted under the modified retrospective method.</font></p> <p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Contract Liabilities</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company recognizes a contract liability when it has received consideration from the customer and has a future obligation to the customer. Total contract liabilities consisted of the following (in thousands):</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p> <div> <table border="0" cellspacing="0" cellpadding="0" align="center" style="border-collapse:collapse; width:90%;"> <tr> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:59.72%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td colspan="2" valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:18.08%; border-bottom:solid 0.75pt #000000;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">May 5, 2018</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:2.08%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td colspan="2" valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:18.08%; border-bottom:solid 0.75pt #000000;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">February 3, 2018</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="top" bgcolor="#CCEEFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:59.72%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:6.85pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Contract liabilities:</p></td> <td valign="bottom" bgcolor="#CCEEFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CCEEFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:17.08%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:6.85pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CCEEFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:2.08%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CCEEFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CCEEFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:17.08%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:6.85pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CCEEFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="top" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:59.72%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:20.5pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Signing bonus</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:17.08%;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">753</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:2.08%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:17.08%;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">788</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="top" bgcolor="#CCEEFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:59.72%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:20.5pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Unredeemed gift cards</p></td> <td valign="bottom" bgcolor="#CCEEFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CCEEFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:17.08%; border-bottom:solid 0.75pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">5,279</p></td> <td valign="bottom" bgcolor="#CCEEFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:2.08%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CCEEFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CCEEFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:17.08%; border-bottom:solid 0.75pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">6,466</p></td> <td valign="bottom" bgcolor="#CCEEFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="top" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:59.72%; border-bottom:double 2.5pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:6.85pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Total contract liabilities<sup style="font-size:85%; vertical-align:top">(1)</sup></p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:17.08%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">6,032</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:2.08%; border-bottom:double 2.5pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:17.08%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">7,254</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:1pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> </table></div> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:6.67%;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:6.67%;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;"><sup style="font-size:85%; vertical-align:top">(1) </sup><font style="font-weight:normal;">Included in accrued expenses and other current liabilities on the Company's consolidated balance sheet. The short term portion of the signing bonus is included in other liabilities on the Company&#8217;s consolidated balance sheet.</font></p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In each of the thirteen weeks ended May 5, 2018 and April 29, 2017, the Company recognized into revenue approximately $0.1 million of its unredeemed gift cards that existed at February 3, 2018 and January 28, 2017, respectively.</p> <p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Performance Obligations</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company has a remaining performance obligation of $0.8 million for a signing bonus related to the private label credit card agreement. The Company will recognize revenue over the remaining life of the contract as follows (in thousands):</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p> <div> <table border="0" cellspacing="0" cellpadding="0" align="center" style="border-collapse:collapse; width:80%;"> <tr> <td valign="top" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:38.46%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td colspan="2" valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:18.22%; border-bottom:solid 0.75pt #000000;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Fiscal Year 2018</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:2.08%; border-bottom:solid 0.75pt transparent;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td colspan="2" valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:18.22%; border-bottom:solid 0.75pt #000000;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Fiscal Year 2019</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.74%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td colspan="2" valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:18.22%; border-bottom:solid 0.75pt #000000;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Thereafter</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="top" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:38.46%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Signing bonus</p></td> <td valign="bottom" bgcolor="#CCEEFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="bottom" bgcolor="#CCEEFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:17.22%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">106</p></td> <td valign="bottom" bgcolor="#CCEEFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CCEEFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:2.08%;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:17.22%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">141</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CCEEFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="bottom" bgcolor="#CCEEFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:17.22%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">506</p></td> <td valign="bottom" bgcolor="#CCEEFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:1pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> </table></div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">This disclosure does not include revenue related to performance obligations from unredeemed gift cards, as substantially all gift cards are redeemed in the first year of issuance.</p> <p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Practical Expedients and Policy Elections</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company excludes from its transaction price all amounts collected from customers for sales taxes that are remitted to taxing authorities.</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Shipping and handling activities that occur after control of related goods transfers to the customer are accounted for as fulfillment activities rather than assessing these activities as performance obligations.</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company does not disclose remaining performance obligations that have an expected duration of one year or less.</p></div> <div> <p style="margin-bottom:0pt;margin-top:18pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">4. Debt </p> <p style="margin-bottom:0pt;margin-top:6pt;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">The components of the Company&#8217;s outstanding Term Loan were as follows (in thousands): </p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p> <div> <table border="0" cellspacing="0" cellpadding="0" align="center" style="border-collapse:collapse; width:80%;"> <tr> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:63.52%; border-bottom:solid 0.75pt transparent;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.78%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td colspan="2" valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.44%; border-bottom:solid 0.75pt #000000;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">May 5, 2018</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.78%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td colspan="2" valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.44%; border-bottom:solid 0.75pt #000000;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">February&#160;3,&#160;2018</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="top" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:63.52%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Term Loan</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.78%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">247,477</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.78%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">248,176</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="top" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:63.52%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Discount on debt and debt issuance costs</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.78%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(6,155</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.78%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(6,496</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> </tr> <tr> <td valign="top" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:63.52%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Less: Current portion</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.78%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%; border-bottom:solid 0.75pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(2,799</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.78%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%; border-bottom:solid 0.75pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(2,799</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> </tr> <tr> <td valign="top" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:63.52%; border-bottom:double 2.5pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Net long-term debt</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.78%; border-bottom:double 2.5pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">238,523</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.78%; border-bottom:double 2.5pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">238,881</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:1pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> </table></div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;">&nbsp;</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company was in compliance with all financial covenants as of May 5, 2018. </p></div> <div> <p style="margin-bottom:0pt;margin-top:18pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">5. Income Taxes </p> <p style="margin-bottom:0pt;margin-top:6pt;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">The Company recorded income tax expense of $4.0 million and $5.6 million during the thirteen weeks ended May 5, 2018 and April 29, 2017, respectively. The effective tax rates were 26.1% and 41.1% in the thirteen weeks ended May 5, 2018 and April 29, 2017, respectively.</p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The effective tax rate for the thirteen weeks ended May 5, 2018 exceeds the federal statutory rate of 21.0% primarily due to stock compensation, state income taxes and &#167;162(m) officer compensation limitation. The effective tax rate for the thirteen weeks ended April 29, 2017 exceeds the federal statutory rate of 35.0% primarily due to state income taxes and non-deductible IPO related expenses. </p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:4.54%;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">On December 22, 2017, the U.S. Tax Cuts and Jobs Act (TCJA) legislation was signed.&#160; The new U.S. tax legislation is subject to a number of provisions, <font style="color:#000000;">including</font> a reduction of the U.S. federal corporate income tax rate from 35.0% to 21.0% (effective January 1, 2018) and a change in certain business deductions, including allowing for immediate expensing of certain qualified capital expenditures.</p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Staff Accounting Bulletin No. 118 (&#8220;SAB 118&#8221;), issued by the Securities and Exchange Commission in December 2017, provides the Company with up to one year to finalize accounting for the impacts of TCJA. When the initial accounting for TCJA impacts is incomplete, the Company may include provisional amounts when reasonable estimates can be made. As of February 3, 2018, the Company made a reasonable estimate of its deferred income tax benefit related to the corporate rate change of $24.0 million and estimates to expense qualifying capital expenditures. </p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In the thirteen weeks ended May 5, 2018, the Company has not recognized any measurement period adjustments. <font style="color:#000000;">The Company has not completed its </font>process<font style="color:#000000;"> to determine the final impact of TCJA. The final impact may differ from this estimate, possibly materially, due to, among other things, changes in interpretations and assumptions that the Company has made and the issuance of additional regulatory and other guidance. Further, any required adjustment would be reflected as a discrete expense or benefit in the quarter that it is identified, as allowed by SAB 118. A</font>lthough no material changes are anticipated, the Company expects to complete the analysis within the measurement period in accordance with SAB 118.</p></div> <div> <p style="margin-bottom:0pt;margin-top:18pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">6. Earnings Per Share </p> <p style="margin-bottom:0pt;margin-top:6pt;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">The following table summarizes the computation of basic and diluted net income per share attributable to common shareholders (in thousands, except share and per share data): </p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:4.54%;font-size:10pt;">&nbsp;</p> <div> <table border="0" cellspacing="0" cellpadding="0" align="center" style="border-collapse:collapse; width:90%;"> <tr> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:63.52%; border-bottom:solid 0.75pt transparent;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.78%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td colspan="6" valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:33.66%; border-bottom:solid 0.75pt #000000;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">For the Thirteen Weeks Ended</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:63.52%; border-bottom:solid 0.75pt transparent;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.78%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td colspan="2" valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.44%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">May 5, 2018</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.78%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td colspan="2" valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.44%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">April 29, 2017</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="top" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:63.52%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-style:italic;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Numerator</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.78%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.78%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="top" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:63.52%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Net income attributable to common shareholders:</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.78%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">11,258</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.78%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">8,027</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="top" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:63.52%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-style:italic;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Denominator</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.78%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.78%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="top" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:63.52%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Weighted average number of common shares outstanding, basic:</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.78%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">42,216,331</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.78%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">42,518,143</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="top" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:63.52%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:27.35pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Dilutive effect of restricted shares</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.78%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%; border-bottom:solid 0.75pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1,191,083</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.78%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%; border-bottom:solid 0.75pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1,162,342</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="top" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:63.52%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Weighted average number of common shares outstanding, diluted:</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.78%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">43,407,414</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.78%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">43,680,485</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="top" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:63.52%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Net income per common share attributable to common shareholders, basic:</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.78%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">0.27</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.78%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">0.19</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="top" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:63.52%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Net income per common share attributable to common shareholders, diluted:</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.78%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">0.26</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.78%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">0.18</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:1pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> </table></div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:4.54%;font-size:8pt;">&nbsp;</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The weighted average common shares for the diluted earnings per share calculation exclude the impact of outstanding equity awards if the assumed proceeds per share of the award is in excess of the related fiscal period&#8217;s average price of the Company&#8217;s common stock. Such awards are excluded because they would have an antidilutive effect. There were 1,122,820 and 83,565 such awards excluded for the thirteen weeks ended May 5, 2018 and April 29, 2017, respectively.</p></div> <div> <p style="margin-bottom:0pt;margin-top:14pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">7. Equity-Based Compensation </p> <p style="margin-bottom:0pt;margin-top:4pt;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">Compensation expense was $0.8 million and $0.1 million for the thirteen weeks ended May 5, 2018 and April 29, 2017, respectively.</p></div> <div> <p style="margin-bottom:0pt;margin-top:14pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">8. Related Party Transactions </p> <p style="margin-bottom:0pt;margin-top:4pt;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="Background-color:#FFFFFF;">For the thirteen weeks ended May 5, 2018, the Company incurred an immaterial amount of related party transactions. For the thirteen weeks ended April 29, 2017 the</font><font style="Background-color:#FFFFFF;color:#000000;"> Company incurred an immaterial amount of out-of-pocket expenses in relation to the advisory services agreement with a related party. These expenses are included in operating expenses in the accompanying consolidated statements of operations and comprehensive income.</font></p></div> <div> <p style="margin-bottom:0pt;margin-top:14pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">9. Commitments and Contingencies </p> <p style="margin-bottom:0pt;margin-top:4pt;text-indent:0%;font-weight:bold;font-style:italic;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;">Operating Lease Agreements </p> <p style="margin-bottom:0pt;margin-top:4pt;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company recorded a deferred lease liability of $10.1 million and $9.5 million as of May 5, 2018 and February&#160;3,&#160;2018, respectively.&#160;In certain instances, the Company also receives tenant improvement incentives for its store leases, which it accrues and amortizes ratably over the life of the lease. The Company maintained a tenant improvement incentive liability of $17.5 million and $17.3 million as of May 5, 2018 and February&#160;3,&#160;2018, respectively. <font style="font-size:12pt;">&#160;</font></p> <p style="margin-bottom:0pt;margin-top:4pt;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Total rental and common area maintenance expense was $15.5 million and $14.4 million for the thirteen weeks ended May 5, 2018 and April 29, 2017, respectively, exclusive of contingent rental expense recorded of $0.2 million and $0.4 million for the same respective periods. </p> <p style="margin-bottom:0pt;margin-top:14pt;text-indent:0%;font-weight:bold;font-style:italic;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;">Legal Proceedings </p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-style:italic;color:#231F20;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Shareholder Class Action Lawsuits </p> <p style="margin-top:4pt;margin-bottom:0pt;text-indent:4.54%;color:#231F20;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">On October 13, 2017, a securities lawsuit was filed in the United States District Court for the District of Massachusetts against the Company, several members of our Board of Directors and our Chief Financial Officer, among others. The complaint was brought under the Securities Act of 1933 and sought certification of a class of plaintiffs comprised of all shareholders that acquired stock issued by the Company in its initial public offering in March 2017. The plaintiffs sought compensation for losses they incurred since purchasing the stock.&nbsp;&nbsp;Following the filing of this lawsuit, two additional, similar actions were brought in the same court. The three matters were eventually consolidated, and a lead plaintiff was appointed by the court. On March 9, 2018, an amended complaint captioned <font style="font-style:italic;">The Pension Trust v. J.Jill, Inc., et al.</font> was filed. The Company filed a motion to dismiss on May 14, 2018. The Company believes the claims in the case are without merit and intends to defend the matter vigorously. No material amount has been accrued.</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;color:#231F20;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">We <font style="color:#000000;">are not presently party to any other legal proceedings the resolution of which we believe would have a material adverse effect on our business, financial condition, operating results or cash flows. We establish reserves for specific legal matters when we determine that the likelihood of an unfavorable outcome is probable and the loss is reasonably estimable.</font></p></div> <div> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:0%;font-weight:bold;font-style:italic;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;">Basis of Presentation </p> <p style="margin-bottom:0pt;margin-top:6pt;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">Our interim consolidated financial statements are unaudited. All significant intercompany balances and transactions have been eliminated in consolidation. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America (&#8220;GAAP&#8221;) have been omitted, in accordance with the rules of the Securities and Exchange Commission (the &#8220;SEC&#8221;). In the opinion of management, these interim consolidated financial statements contain all normal and recurring adjustments necessary to state fairly the financial position and results of operations of the Company. The consolidated balance sheet as of February&#160;3,&#160;2018 is derived from the audited consolidated balance sheet as of that date. The unaudited results of operations for the thirteen weeks ended May 5, 2018 are not necessarily indicative of future results or results to be expected for the full year ending February&#160;2,&#160;2019. You should read these statements in conjunction with our audited consolidated financial statements and related notes in our Annual Report on Form 10-K for the year ended February&#160;3,&#160;2018. </p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Significant changes to our accounting policies as a result of adopting Accounting Standards Update (&#8220;ASU&#8221;) 2014-09<font style="font-size:12pt;"> &#8211; </font><font style="font-style:italic;">Revenue from Contracts with Customers</font> <font style="font-style:italic;">(Topic 606)</font> are discussed below in &#8220;Significant Accounting Policies Update&#8221; and Note 3.</p></div> <div> <p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Recently Adopted Accounting Policies</p> <p style="margin-bottom:0pt;margin-top:6pt;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">In May 2014, the FASB issued ASU 2014-09<font style="font-size:12pt;"> &#8211; </font><font style="font-style:italic;">Revenue from Contracts with Customers (Topic 606)</font>, which supersedes the revenue recognition requirements in FASB ASC Topic 605 &#8211; <font style="font-style:italic;">Revenue Recognition</font>. The new guidance established principles for reporting revenue and cash flows arising from an entity&#8217;s contracts with customers. The Company adopted ASU 2014-09 and related amendments, collectively known as Accounting Standards Codification 606 (&#8220;Topic 606&#8221;) as of February 4, 2018 on a modified retrospective basis. See &#8220;Significant Accounting Policies Update&#8221; and Note 3 for a discussion of our updated policies related to revenue recognition and disclosures related to the impact of this standard.</p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In October 2016 the FASB issued <font style="Background-color:#FFFFFF;color:#000000;">ASU 2016-16, </font><font style="font-style:italic;Background-color:#FFFFFF;color:#000000;">Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory</font><font style="Background-color:#FFFFFF;color:#000000;">. This update&#160;is intended to improve the accounting for the income tax consequences of intra-entity transfers of assets other than inventory. Under the new guidance, an entity would recognize the current and deferred income tax consequences of an intra-entity asset transfer when the transfer occurs. Intra-entity inventory transfers would still be an exception. The provisions of ASU 2016-16 were adopted as of February 4, 2018 under the modified retrospective method with no cumulative-effect adjustment to retained earnings.</font></p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="Background-color:#FFFFFF;">In August 2016, the FASB issued ASU 2016-15,&#160;</font><font style="font-style:italic;Background-color:#FFFFFF;">Statement of Cash Flows - Classification of Certain Cash Receipts and Cash Payments,</font><font style="Background-color:#FFFFFF;">&#160;</font><font style="Background-color:#FFFFFF;">which addresses eight specific cash flow issues with the objective of reducing the existing diversity in practice in how certain cash receipts and cash payments are presented and classified in the statement of cash flows. The standard was retrospectively adopted as of February 4, 2018 and did not have an impact on the consolidated statement of cash flows.</font></p> <p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Significant Accounting Policies Update</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Adoption of ASC Topic 606: Revenue from Contracts with Customers</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">On February 4, 2018, the Company adopted Topic 606 using the modified retrospective method applied to contracts which were not completed as of February 4, 2018. As part of the adoption of Topic 606, Topic 340-20 &#8211; <font style="font-style:italic;">Capitalized Advertising Costs</font> was superseded and therefore, the Company transitioned to ASC 720-35 &#8211; <font style="font-style:italic;">Advertising Costs </font>for reporting on costs of advertising. Results for reporting periods beginning after February 4, 2018 are presented under Topic 606 and Topic 720, while prior period amounts are not adjusted and continue to be reported in accordance with our historic accounting under Topic 605 and Topic 340.</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company recorded a cumulative reduction to opening retained earnings of $0.3 million. The impact on opening retained earnings was a $0.8 million decrease from the acceleration of prepaid catalog expenses offset by a $0.5 million increase from the recognition of direct revenues previously deferred under Topic 605.</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Effective February 4, 2018, the Company changed its consolidated balance sheet presentation for expected sales returns and recorded a $5.0 million return asset and a corresponding increase to the return liability to present our sales reserve gross in accordance with Topic 606. In addition, as of the date of adoption of Topic 606, the Company will present reimbursements of costs of marketing programs related to the private label credit card gross in the consolidated statement of operations with no impact to opening retained earnings. </p></div> <div> <p style="margin-top:18pt;margin-bottom:0pt;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">Revenue Recognition</p> <p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">Revenue is primarily derived from the sale of apparel and accessory merchandise through our retail channel and direct channel, which includes website and catalog phone orders. Revenue also includes shipping and handling fees collected from customers. Topic 606 requires entities to recognize revenue when control of the promised goods or services are transferred to customers at an amount that reflects the consideration to which the entity expects to be entitled to in exchange for those goods or services.&#160; Revenue from our retail channel is recognized at the time of sale and revenue from our direct channel is recognized upon shipment of merchandise to the customer.</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company has a return policy where merchandise returns will be accepted within 90 days of the original purchase date.&#160;&#160;At the time of sale, the Company records an estimated sales reserve for merchandise returns based on historical prior returns experience and expected future returns. The estimated sales reserve is recorded as a return asset (and corresponding adjustment to cost of goods sold) for the cost of inventory and a return liability for the amount to settle the return with a customer (and a corresponding adjustment to revenue). The return asset and return liability are recorded in prepaid expenses and other assets, and accrued expenses and other current liabilities, respectively, in the consolidated balance sheet. The Company collects and remits sales and use taxes in all states in which retail and direct sales occur and taxes are applicable. These taxes are reported on a net basis and are thereby excluded from revenue.</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company sells gift cards without expiration dates to customers. The Company does not charge administrative fees on unused gift cards. Proceeds from the sale of gift cards are recorded as a contract liability until the customer redeems the gift card or when the likelihood of redemption is remote. Based on historical experience, the Company estimates the value of outstanding gift cards that will ultimately not be redeemed (&#8220;gift card breakage&#8221;) and will not be escheated under statutory unclaimed property laws. This gift card breakage is recognized as revenue over the time period established by the Company&#8217;s historical gift card redemption pattern.</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company recognizes revenues from shipments to customers before the shipping and handling activities occur and will accrue those related costs. Shipping and handling costs are recorded in selling, general and administrative expenses. There is no change to the Company&#8217;s comparative reporting of shipping and handling costs as a result of adopting of Topic 606.</p></div> <div> <p style="margin-top:18pt;margin-bottom:0pt;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">Credit Card Agreement</p> <p style="margin-bottom:0pt;margin-top:6pt;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">The Company has an arrangement with a third party to provide a private label credit card to its customers through August 2023, and will automatically renew thereafter for successive two year terms.&#160;The Company does not bear the credit risk associated with the private label credit card at any point prior to the termination of the agreement, at which point the Company is obligated to purchase the receivables. If the arrangement is terminated prior to September 7, 2021 and other criteria are met, the Company is obligated to pay a purchase price premium.&#160;The potential impact of the purchase obligation cannot be reasonably estimated, and therefore, has not been recorded.</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company receives royalty payments through its private label credit card agreement.&#160;The royalty payments are recognized as revenue when they are received.&#160;Royalty payments recognized in the thirteen weeks ended May 5, 2018 and April 29, 2017 were $1.4 million and $1.2 million, respectively.</p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company also receives reimbursements for costs of marketing programs related to the private label credit card, which are recorded as revenue as earned and the costs incurred are recorded as operating expenses in selling, general and administrative expenses in the accompanying consolidated statements of operations and comprehensive income (loss). Reimbursements for costs of marketing programs of $1.1 million were recognized in the thirteen weeks ended May 5, 2018. </p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The credit card agreement provides a signing bonus to the Company, which is recognized into revenue over the life of the agreement.</p></div> <div> <p style="margin-bottom:0pt;margin-top:18pt;font-style:italic;font-size:10pt;font-family:Times New Roman;font-weight:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">Advertising Costs </p> <p style="margin-bottom:0pt;margin-top:6pt;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">The Company incurs costs to produce, print, and distribute its catalogs.&#160;Catalog costs are considered direct response advertising, which are capitalized as incurred, and expensed when the catalog is mailed to the customer (the first time the advertising occurs).&#160;Advertising expenses were $10.1 million and $9.2 million in the thirteen weeks ended May 5, 2018 and April 29, 2017, respectively, and are included in selling, general and administrative expenses in the accompanying consolidated statements of operations and comprehensive income (loss). </p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Other advertising costs are recorded as incurred. Other advertising costs recorded were $5.8 million and $4.9 million for the thirteen weeks ended May 5, 2018 and April 29, 2017, respectively, and are included in selling, general and administrative expenses in the accompanying consolidated statements of operations and comprehensive income (loss).</p></div> <div> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The following table presents revenues disaggregated by revenue source (in thousands):</p> <div> <table border="0" cellspacing="0" cellpadding="0" align="center" style="border-collapse:collapse; width:90%;"> <tr> <td valign="top" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:63.52%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.78%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td colspan="6" valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:33.66%; border-bottom:solid 0.75pt #000000;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">For the Thirteen Weeks Ended</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:63.52%; border-bottom:solid 0.75pt transparent;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.78%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td colspan="2" valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.44%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">May 5, 2018</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.78%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td colspan="2" valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.44%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">April 29, 2017<sup style="font-size:85%; vertical-align:top">(1)</sup></p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:11pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="top" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:63.52%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Retail</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.78%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">108,031</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.78%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">95,347</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="top" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:63.52%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Direct</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.78%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%; border-bottom:solid 0.75pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">73,510</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.78%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%; border-bottom:solid 0.75pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">70,779</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="top" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:63.52%; border-bottom:double 2.5pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Net revenues</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.78%; border-bottom:double 2.5pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">181,541</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.78%; border-bottom:double 2.5pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">166,126</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:1pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> </table></div> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:6.67%;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:6.67%;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;"><sup style="font-size:85%; vertical-align:top">(1)</sup><font style="font-weight:normal;"> As previously noted, prior period amounts have not been adjusted under the modified retrospective method.</font></p></div> <div> <p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">Total contract liabilities consisted of the following (in thousands):</p> <div> <table border="0" cellspacing="0" cellpadding="0" align="center" style="border-collapse:collapse; width:90%;"> <tr> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:59.72%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td colspan="2" valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:18.08%; border-bottom:solid 0.75pt #000000;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">May 5, 2018</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:2.08%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td colspan="2" valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:18.08%; border-bottom:solid 0.75pt #000000;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">February 3, 2018</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="top" bgcolor="#CCEEFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:59.72%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:6.85pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Contract liabilities:</p></td> <td valign="bottom" bgcolor="#CCEEFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CCEEFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:17.08%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:6.85pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CCEEFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:2.08%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CCEEFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CCEEFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:17.08%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:6.85pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CCEEFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="top" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:59.72%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:20.5pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Signing bonus</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:17.08%;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">753</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:2.08%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:17.08%;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">788</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="top" bgcolor="#CCEEFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:59.72%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:20.5pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Unredeemed gift cards</p></td> <td valign="bottom" bgcolor="#CCEEFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CCEEFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:17.08%; border-bottom:solid 0.75pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">5,279</p></td> <td valign="bottom" bgcolor="#CCEEFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:2.08%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CCEEFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CCEEFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:17.08%; border-bottom:solid 0.75pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">6,466</p></td> <td valign="bottom" bgcolor="#CCEEFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="top" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:59.72%; border-bottom:double 2.5pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:6.85pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Total contract liabilities<sup style="font-size:85%; vertical-align:top">(1)</sup></p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:17.08%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">6,032</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:2.08%; border-bottom:double 2.5pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:17.08%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">7,254</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:1pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> </table></div> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:6.67%;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:6.67%;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;"><sup style="font-size:85%; vertical-align:top">(1) </sup><font style="font-weight:normal;">Included in accrued expenses and other current liabilities on the Company's consolidated balance sheet. The short term portion of the signing bonus is included in other liabilities on the Company&#8217;s consolidated balance sheet.</font></p></div> <div> <p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">The Company will recognize revenue over the remaining life of the contract as follows (in thousands):</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p> <div> <table border="0" cellspacing="0" cellpadding="0" align="center" style="border-collapse:collapse; width:80%;"> <tr> <td valign="top" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:38.46%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td colspan="2" valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:18.22%; border-bottom:solid 0.75pt #000000;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Fiscal Year 2018</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:2.08%; border-bottom:solid 0.75pt transparent;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td colspan="2" valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:18.22%; border-bottom:solid 0.75pt #000000;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Fiscal Year 2019</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.74%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td colspan="2" valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:18.22%; border-bottom:solid 0.75pt #000000;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Thereafter</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="top" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:38.46%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Signing bonus</p></td> <td valign="bottom" bgcolor="#CCEEFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="bottom" bgcolor="#CCEEFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:17.22%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">106</p></td> <td valign="bottom" bgcolor="#CCEEFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CCEEFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:2.08%;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:17.22%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">141</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.74%;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CCEEFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="bottom" bgcolor="#CCEEFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:17.22%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">506</p></td> <td valign="bottom" bgcolor="#CCEEFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:1pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> </table></div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></div> <div> <p style="margin-bottom:0pt;margin-top:6pt;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">The components of the Company&#8217;s outstanding Term Loan were as follows (in thousands): </p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p> <div> <table border="0" cellspacing="0" cellpadding="0" align="center" style="border-collapse:collapse; width:80%;"> <tr> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:63.52%; border-bottom:solid 0.75pt transparent;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.78%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td colspan="2" valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.44%; border-bottom:solid 0.75pt #000000;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">May 5, 2018</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.78%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td colspan="2" valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.44%; border-bottom:solid 0.75pt #000000;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">February&#160;3,&#160;2018</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="top" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:63.52%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Term Loan</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.78%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">247,477</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.78%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">248,176</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="top" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:63.52%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Discount on debt and debt issuance costs</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.78%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(6,155</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.78%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(6,496</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> </tr> <tr> <td valign="top" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:63.52%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Less: Current portion</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.78%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%; border-bottom:solid 0.75pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(2,799</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.78%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%; border-bottom:solid 0.75pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(2,799</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</p></td> </tr> <tr> <td valign="top" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:63.52%; border-bottom:double 2.5pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Net long-term debt</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.78%; border-bottom:double 2.5pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">238,523</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.78%; border-bottom:double 2.5pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">238,881</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:1pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> </table></div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></div> <div> <p style="margin-bottom:0pt;margin-top:6pt;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">The following table summarizes the computation of basic and diluted net income per share attributable to common shareholders (in thousands, except share and per share data): </p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:4.54%;font-size:10pt;">&nbsp;</p> <div> <table border="0" cellspacing="0" cellpadding="0" align="center" style="border-collapse:collapse; width:90%;"> <tr> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:63.52%; border-bottom:solid 0.75pt transparent;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.78%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td colspan="6" valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:33.66%; border-bottom:solid 0.75pt #000000;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">For the Thirteen Weeks Ended</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:63.52%; border-bottom:solid 0.75pt transparent;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.78%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td colspan="2" valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.44%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">May 5, 2018</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.78%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td colspan="2" valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.44%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">April 29, 2017</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="top" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:63.52%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-style:italic;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Numerator</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.78%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.78%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="top" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:63.52%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Net income attributable to common shareholders:</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.78%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">11,258</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.78%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">8,027</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="top" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:63.52%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-style:italic;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Denominator</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.78%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.78%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="top" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:63.52%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Weighted average number of common shares outstanding, basic:</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.78%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">42,216,331</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.78%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">42,518,143</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="top" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:63.52%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:27.35pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Dilutive effect of restricted shares</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.78%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%; border-bottom:solid 0.75pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1,191,083</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.78%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%; border-bottom:solid 0.75pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1,162,342</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="top" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:63.52%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Weighted average number of common shares outstanding, diluted:</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.78%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">43,407,414</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.78%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">43,680,485</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="top" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:63.52%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Net income per common share attributable to common shareholders, basic:</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.78%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">0.27</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.78%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">0.19</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> <tr> <td valign="top" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:63.52%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Net income per common share attributable to common shareholders, diluted:</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.78%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">0.26</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.78%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.44%;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">0.18</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:1pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> </table></div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></div> 270 300000 800000 500000 5000000 The Company has an arrangement with a third party to provide a private label credit card to its customers through August 2023, and will automatically renew thereafter for successive two year terms. 1400000 1200000 1100000 10100000 9200000 5800000 4900000 108031000 95347000 73510000 70779000 181541000 166126000 753000 788000 5279000 6466000 6032000 7254000 100000 100000 106000 141000 506000 800000 P9M P1Y 247477000 248176000 6155000 6496000 0.261 0.411 0.210 0.350 0.350 -24000000 0 11258000 8027000 1191083 1162342 1122820 83565 800000 100000 10100000 9500000 17500000 17300000 15500000 14400000 200000 400000 See Note 2 for additional detail regarding the adoption of new accounting standards. EX-101.SCH 7 jill-20180505.xsd XBRL TAXONOMY EXTENSION SCHEMA 00000 - Document - Template Link link:presentationLink link:calculationLink link:definitionLink 100000 - Document - Document and Entity Information link:calculationLink link:presentationLink link:definitionLink 100010 - Statement - Consolidated Balance Sheets link:calculationLink link:presentationLink link:definitionLink 100020 - Statement - Consolidated Balance Sheets (Parenthetical) link:calculationLink link:presentationLink link:definitionLink 100030 - Statement - Consolidated Statements of Operations and Comprehensive Income link:calculationLink link:presentationLink link:definitionLink 100040 - Statement - Consolidated Statement of Shareholders' Equity link:calculationLink link:presentationLink link:definitionLink 100050 - Statement - Consolidated Statements of Cash Flows link:calculationLink link:presentationLink link:definitionLink 100060 - Disclosure - Description of Business link:calculationLink link:presentationLink link:definitionLink 100070 - Disclosure - Summary of Significant Accounting Policies link:calculationLink link:presentationLink link:definitionLink 100080 - Disclosure - Revenues link:calculationLink link:presentationLink link:definitionLink 100090 - Disclosure - Debt link:calculationLink link:presentationLink link:definitionLink 100100 - Disclosure - Income Taxes link:calculationLink link:presentationLink link:definitionLink 100110 - Disclosure - Earnings Per Share link:calculationLink link:presentationLink link:definitionLink 100120 - Disclosure - Equity-Based Compensation link:calculationLink link:presentationLink link:definitionLink 100130 - Disclosure - Related Party Transactions link:calculationLink link:presentationLink link:definitionLink 100140 - Disclosure - Commitments and Contingencies link:calculationLink link:presentationLink link:definitionLink 100150 - Disclosure - Summary of Significant Accounting Policies (Policies) link:calculationLink link:presentationLink link:definitionLink 100160 - Disclosure - Revenues (Tables) link:calculationLink link:presentationLink link:definitionLink 100170 - Disclosure - Debt (Tables) link:calculationLink link:presentationLink link:definitionLink 100180 - Disclosure - Earnings Per Share (Tables) link:calculationLink link:presentationLink link:definitionLink 100190 - Disclosure - Description of Business - Additional Information (Detail) link:calculationLink link:presentationLink link:definitionLink 100200 - Disclosure - Summary of Significant Accounting Policies - Additional Information (Detail) link:calculationLink link:presentationLink link:definitionLink 100210 - Disclosure - Revenues - Schedule of Revenues Disaggregated by Revenue Source (Detail) link:calculationLink link:presentationLink link:definitionLink 100220 - Disclosure - Revenues - Schedule of Contract Liabilities (Detail) link:calculationLink link:presentationLink link:definitionLink 100230 - Disclosure - Revenues - Additional Information (Detail) link:calculationLink link:presentationLink link:definitionLink 100240 - Disclosure - Revenues - Schedule of Revenue Recognized Over Remaining Life of Contract (Detail) link:calculationLink link:presentationLink link:definitionLink 100250 - Disclosure - Debt - Components of Outstanding Term Loan (Detail) link:calculationLink link:presentationLink link:definitionLink 100260 - Disclosure - Income Taxes - Additional Information (Detail) link:calculationLink link:presentationLink link:definitionLink 100270 - Disclosure - Earnings Per Share - Computation of Basic and Diluted Net Income Per Share Attributable to Common Shareholders (Detail) link:calculationLink link:presentationLink link:definitionLink 100280 - Disclosure - Earnings Per Share - Additional Information (Detail) link:calculationLink link:presentationLink link:definitionLink 100290 - Disclosure - Equity-Based Compensation - Additional Information (Detail) link:calculationLink link:presentationLink link:definitionLink 100300 - Disclosure - Commitments and Contingencies - Additional Information (Detail) link:calculationLink link:presentationLink link:definitionLink EX-101.CAL 8 jill-20180505_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE EX-101.DEF 9 jill-20180505_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE EX-101.LAB 10 jill-20180505_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE EX-101.PRE 11 jill-20180505_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE XML 12 R1.htm IDEA: XBRL DOCUMENT v3.8.0.1
Document and Entity Information - shares
3 Months Ended
May 05, 2018
Jun. 14, 2018
Document And Entity Information [Abstract]    
Document Type 10-Q  
Amendment Flag false  
Document Period End Date May 05, 2018  
Document Fiscal Year Focus 2018  
Document Fiscal Period Focus Q1  
Trading Symbol JILL  
Entity Registrant Name J.Jill, Inc.  
Entity Central Index Key 0001687932  
Current Fiscal Year End Date --02-02  
Entity Filer Category Non-accelerated Filer  
Entity Common Stock, Shares Outstanding   43,762,392
XML 13 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
May 05, 2018
Feb. 03, 2018
Current assets:    
Cash $ 28,663 $ 25,978
Accounts receivable 9,087 4,733
Inventories, net 77,503 80,591
Prepaid expenses and other current assets 21,560 21,166
Total current assets 136,813 132,468
Property and equipment, net 113,348 118,420
Intangible assets, net 145,765 148,961
Goodwill 197,026 197,026
Other assets 620 682
Total assets 593,572 597,557
Current liabilities:    
Accounts payable 33,308 53,962
Accrued expenses and other current liabilities 55,582 48,759
Current portion of long-term debt 2,799 2,799
Total current liabilities 91,689 105,520
Long-term debt, net of discount and current portion 238,523 238,881
Deferred income taxes 44,294 46,263
Other liabilities 28,019 27,577
Total liabilities 402,525 418,241
Commitments and contingencies (see Note 9)
Shareholders’ Equity    
Common stock, par value $0.01 per share; 250,000,000 shares authorized; 43,759,200 and 43,752,790 shares issued and outstanding at May 5, 2018 and February 3, 2018, respectively 438 437
Additional paid-in capital 118,153 117,393
Accumulated earnings 72,456 61,486
Total shareholders’ equity 191,047 179,316
Total liabilities and shareholders’ equity $ 593,572 $ 597,557
XML 14 R3.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Balance Sheets (Parenthetical) - $ / shares
May 05, 2018
Feb. 03, 2018
Statement Of Financial Position [Abstract]    
Common stock, par value $ 0.01 $ 0.01
Common stock, shares authorized 250,000,000 250,000,000
Common stock, shares issued 43,759,200 43,752,790
Common stock, shares outstanding 43,759,200 43,752,790
XML 15 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended
May 05, 2018
Apr. 29, 2017
Income Statement [Abstract]    
Net sales $ 181,541 $ 166,126
Costs of goods sold 61,200 50,518
Gross profit 120,341 115,608
Selling, general and administrative expenses 100,294 97,033
Operating income 20,047 18,575
Interest expense 4,817 4,945
Income before provision for income taxes 15,230 13,630
Provision for income taxes 3,972 5,603
Net income and total comprehensive income $ 11,258 $ 8,027
Net income per common share attributable to common shareholders:    
Basic $ 0.27 $ 0.19
Diluted $ 0.26 $ 0.18
Weighted average number of common shares outstanding:    
Basic 42,216,331 42,518,143
Diluted 43,407,414 43,680,485
XML 16 R5.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statement of Shareholders' Equity - 3 months ended May 05, 2018 - USD ($)
$ in Thousands
Total
Common Stock [Member]
Additional Paid-in Capital [Member]
Accumulated Earnings [Member]
Beginning balance at Feb. 03, 2018 $ 179,316 $ 437 $ 117,393 $ 61,486
Beginning balance, shares at Feb. 03, 2018 43,752,790 43,752,790    
Adoption of ASU 2014-09 [1] $ (288)     (288)
Vesting of restricted stock units 1 $ 1    
Vesting of restricted stock units, shares   6,410    
Equity-based compensation 760   760  
Net income 11,258     11,258
Ending Balance at May. 05, 2018 $ 191,047 $ 438 $ 118,153 $ 72,456
Ending balance, shares at May. 05, 2018 43,759,200 43,759,200    
[1] See Note 2 for additional detail regarding the adoption of new accounting standards.
XML 17 R6.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
May 05, 2018
Apr. 29, 2017
Statement Of Cash Flows [Abstract]    
Net income $ 11,258 $ 8,027
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 9,357 8,793
Loss on disposal of fixed assets 12 2
Noncash amortization of deferred financing and debt discount costs 396 667
Equity-based compensation 760 24
Deferred rent liability (46) 249
Deferred income taxes (1,867) (624)
Changes in operating assets and liabilities:    
Accounts receivable (4,355) (6,606)
Inventories 3,088 (6,942)
Prepaid expenses and other current assets (1,465) (495)
Accounts payable (20,481) (380)
Accrued expenses 8,271 1,261
Other noncurrent assets and liabilities 607 3,011
Net cash provided by operating activities 5,535 6,987
Investing activities:    
Purchases of property and equipment (2,150) (4,423)
Net cash used in investing activities (2,150) (4,423)
Financing activities:    
Repayments on long-term debt (700) (700)
Net cash used in financing activities (700) (700)
Net change in cash 2,685 1,864
Cash:    
Beginning of Period 25,978 13,468
End of Period $ 28,663 $ 15,332
XML 18 R7.htm IDEA: XBRL DOCUMENT v3.8.0.1
Description of Business
3 Months Ended
May 05, 2018
Organization Consolidation And Presentation Of Financial Statements [Abstract]  
Description of Business

1. Description of Business

J.Jill, Inc.,“J.Jill” or the “Company”, is a premier omnichannel retailer and nationally recognized women’s apparel brand committed to delighting customers with great wear-now product. The brand represents an easy, relaxed, inspired style that reflects the confidence and comfort of a woman with a rich, full life. J.Jill provides guiding service through more than 270 stores nationwide and a robust e-commerce platform. J.Jill is headquartered outside Boston.

XML 19 R8.htm IDEA: XBRL DOCUMENT v3.8.0.1
Summary of Significant Accounting Policies
3 Months Ended
May 05, 2018
Accounting Policies [Abstract]  
Summary of Significant Accounting Policies

2. Summary of Significant Accounting Policies

Basis of Presentation

Our interim consolidated financial statements are unaudited. All significant intercompany balances and transactions have been eliminated in consolidation. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) have been omitted, in accordance with the rules of the Securities and Exchange Commission (the “SEC”). In the opinion of management, these interim consolidated financial statements contain all normal and recurring adjustments necessary to state fairly the financial position and results of operations of the Company. The consolidated balance sheet as of February 3, 2018 is derived from the audited consolidated balance sheet as of that date. The unaudited results of operations for the thirteen weeks ended May 5, 2018 are not necessarily indicative of future results or results to be expected for the full year ending February 2, 2019. You should read these statements in conjunction with our audited consolidated financial statements and related notes in our Annual Report on Form 10-K for the year ended February 3, 2018.

Significant changes to our accounting policies as a result of adopting Accounting Standards Update (“ASU”) 2014-09Revenue from Contracts with Customers (Topic 606) are discussed below in “Significant Accounting Policies Update” and Note 3.

Recently Adopted Accounting Policies

In May 2014, the FASB issued ASU 2014-09Revenue from Contracts with Customers (Topic 606), which supersedes the revenue recognition requirements in FASB ASC Topic 605 – Revenue Recognition. The new guidance established principles for reporting revenue and cash flows arising from an entity’s contracts with customers. The Company adopted ASU 2014-09 and related amendments, collectively known as Accounting Standards Codification 606 (“Topic 606”) as of February 4, 2018 on a modified retrospective basis. See “Significant Accounting Policies Update” and Note 3 for a discussion of our updated policies related to revenue recognition and disclosures related to the impact of this standard.

In October 2016 the FASB issued ASU 2016-16, Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory. This update is intended to improve the accounting for the income tax consequences of intra-entity transfers of assets other than inventory. Under the new guidance, an entity would recognize the current and deferred income tax consequences of an intra-entity asset transfer when the transfer occurs. Intra-entity inventory transfers would still be an exception. The provisions of ASU 2016-16 were adopted as of February 4, 2018 under the modified retrospective method with no cumulative-effect adjustment to retained earnings.

In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows - Classification of Certain Cash Receipts and Cash Payments, which addresses eight specific cash flow issues with the objective of reducing the existing diversity in practice in how certain cash receipts and cash payments are presented and classified in the statement of cash flows. The standard was retrospectively adopted as of February 4, 2018 and did not have an impact on the consolidated statement of cash flows.

Significant Accounting Policies Update

Adoption of ASC Topic 606: Revenue from Contracts with Customers

On February 4, 2018, the Company adopted Topic 606 using the modified retrospective method applied to contracts which were not completed as of February 4, 2018. As part of the adoption of Topic 606, Topic 340-20 – Capitalized Advertising Costs was superseded and therefore, the Company transitioned to ASC 720-35 – Advertising Costs for reporting on costs of advertising. Results for reporting periods beginning after February 4, 2018 are presented under Topic 606 and Topic 720, while prior period amounts are not adjusted and continue to be reported in accordance with our historic accounting under Topic 605 and Topic 340.

The Company recorded a cumulative reduction to opening retained earnings of $0.3 million. The impact on opening retained earnings was a $0.8 million decrease from the acceleration of prepaid catalog expenses offset by a $0.5 million increase from the recognition of direct revenues previously deferred under Topic 605.

Effective February 4, 2018, the Company changed its consolidated balance sheet presentation for expected sales returns and recorded a $5.0 million return asset and a corresponding increase to the return liability to present our sales reserve gross in accordance with Topic 606. In addition, as of the date of adoption of Topic 606, the Company will present reimbursements of costs of marketing programs related to the private label credit card gross in the consolidated statement of operations with no impact to opening retained earnings.

Revenue Recognition

Revenue is primarily derived from the sale of apparel and accessory merchandise through our retail channel and direct channel, which includes website and catalog phone orders. Revenue also includes shipping and handling fees collected from customers. Topic 606 requires entities to recognize revenue when control of the promised goods or services are transferred to customers at an amount that reflects the consideration to which the entity expects to be entitled to in exchange for those goods or services.  Revenue from our retail channel is recognized at the time of sale and revenue from our direct channel is recognized upon shipment of merchandise to the customer.

The Company has a return policy where merchandise returns will be accepted within 90 days of the original purchase date.  At the time of sale, the Company records an estimated sales reserve for merchandise returns based on historical prior returns experience and expected future returns. The estimated sales reserve is recorded as a return asset (and corresponding adjustment to cost of goods sold) for the cost of inventory and a return liability for the amount to settle the return with a customer (and a corresponding adjustment to revenue). The return asset and return liability are recorded in prepaid expenses and other assets, and accrued expenses and other current liabilities, respectively, in the consolidated balance sheet. The Company collects and remits sales and use taxes in all states in which retail and direct sales occur and taxes are applicable. These taxes are reported on a net basis and are thereby excluded from revenue.

The Company sells gift cards without expiration dates to customers. The Company does not charge administrative fees on unused gift cards. Proceeds from the sale of gift cards are recorded as a contract liability until the customer redeems the gift card or when the likelihood of redemption is remote. Based on historical experience, the Company estimates the value of outstanding gift cards that will ultimately not be redeemed (“gift card breakage”) and will not be escheated under statutory unclaimed property laws. This gift card breakage is recognized as revenue over the time period established by the Company’s historical gift card redemption pattern.

The Company recognizes revenues from shipments to customers before the shipping and handling activities occur and will accrue those related costs. Shipping and handling costs are recorded in selling, general and administrative expenses. There is no change to the Company’s comparative reporting of shipping and handling costs as a result of adopting of Topic 606.

Credit Card Agreement

The Company has an arrangement with a third party to provide a private label credit card to its customers through August 2023, and will automatically renew thereafter for successive two year terms. The Company does not bear the credit risk associated with the private label credit card at any point prior to the termination of the agreement, at which point the Company is obligated to purchase the receivables. If the arrangement is terminated prior to September 7, 2021 and other criteria are met, the Company is obligated to pay a purchase price premium. The potential impact of the purchase obligation cannot be reasonably estimated, and therefore, has not been recorded.

The Company receives royalty payments through its private label credit card agreement. The royalty payments are recognized as revenue when they are received. Royalty payments recognized in the thirteen weeks ended May 5, 2018 and April 29, 2017 were $1.4 million and $1.2 million, respectively.

The Company also receives reimbursements for costs of marketing programs related to the private label credit card, which are recorded as revenue as earned and the costs incurred are recorded as operating expenses in selling, general and administrative expenses in the accompanying consolidated statements of operations and comprehensive income (loss). Reimbursements for costs of marketing programs of $1.1 million were recognized in the thirteen weeks ended May 5, 2018.

The credit card agreement provides a signing bonus to the Company, which is recognized into revenue over the life of the agreement.

Advertising Costs

The Company incurs costs to produce, print, and distribute its catalogs. Catalog costs are considered direct response advertising, which are capitalized as incurred, and expensed when the catalog is mailed to the customer (the first time the advertising occurs). Advertising expenses were $10.1 million and $9.2 million in the thirteen weeks ended May 5, 2018 and April 29, 2017, respectively, and are included in selling, general and administrative expenses in the accompanying consolidated statements of operations and comprehensive income (loss).

Other advertising costs are recorded as incurred. Other advertising costs recorded were $5.8 million and $4.9 million for the thirteen weeks ended May 5, 2018 and April 29, 2017, respectively, and are included in selling, general and administrative expenses in the accompanying consolidated statements of operations and comprehensive income (loss).

XML 20 R9.htm IDEA: XBRL DOCUMENT v3.8.0.1
Revenues
3 Months Ended
May 05, 2018
Revenue From Contract With Customer [Abstract]  
Revenues

3. Revenues

Disaggregation of Revenue

The Company sells its products directly to consumers and the Company earns royalties from its licensees. The following table presents revenues disaggregated by revenue source (in thousands):

 

 

 

For the Thirteen Weeks Ended

 

 

 

May 5, 2018

 

 

April 29, 2017(1)

 

Retail

 

$

108,031

 

 

$

95,347

 

Direct

 

 

73,510

 

 

 

70,779

 

Net revenues

 

$

181,541

 

 

$

166,126

 

 

(1) As previously noted, prior period amounts have not been adjusted under the modified retrospective method.

Contract Liabilities

The Company recognizes a contract liability when it has received consideration from the customer and has a future obligation to the customer. Total contract liabilities consisted of the following (in thousands):

 

 

May 5, 2018

 

 

February 3, 2018

 

Contract liabilities:

 

 

 

 

 

 

 

Signing bonus

$

753

 

 

$

788

 

Unredeemed gift cards

 

5,279

 

 

 

6,466

 

Total contract liabilities(1)

$

6,032

 

 

$

7,254

 

 

(1) Included in accrued expenses and other current liabilities on the Company's consolidated balance sheet. The short term portion of the signing bonus is included in other liabilities on the Company’s consolidated balance sheet.

In each of the thirteen weeks ended May 5, 2018 and April 29, 2017, the Company recognized into revenue approximately $0.1 million of its unredeemed gift cards that existed at February 3, 2018 and January 28, 2017, respectively.

Performance Obligations

The Company has a remaining performance obligation of $0.8 million for a signing bonus related to the private label credit card agreement. The Company will recognize revenue over the remaining life of the contract as follows (in thousands):

 

 

Fiscal Year 2018

 

 

Fiscal Year 2019

 

 

Thereafter

 

Signing bonus

$

106

 

 

 

141

 

 

$

506

 

 

This disclosure does not include revenue related to performance obligations from unredeemed gift cards, as substantially all gift cards are redeemed in the first year of issuance.

Practical Expedients and Policy Elections

The Company excludes from its transaction price all amounts collected from customers for sales taxes that are remitted to taxing authorities.

Shipping and handling activities that occur after control of related goods transfers to the customer are accounted for as fulfillment activities rather than assessing these activities as performance obligations.

The Company does not disclose remaining performance obligations that have an expected duration of one year or less.

XML 21 R10.htm IDEA: XBRL DOCUMENT v3.8.0.1
Debt
3 Months Ended
May 05, 2018
Debt Disclosure [Abstract]  
Debt

4. Debt

The components of the Company’s outstanding Term Loan were as follows (in thousands):

 

 

 

May 5, 2018

 

 

February 3, 2018

 

Term Loan

 

$

247,477

 

 

$

248,176

 

Discount on debt and debt issuance costs

 

 

(6,155

)

 

 

(6,496

)

Less: Current portion

 

 

(2,799

)

 

 

(2,799

)

Net long-term debt

 

$

238,523

 

 

$

238,881

 

 

The Company was in compliance with all financial covenants as of May 5, 2018.

XML 22 R11.htm IDEA: XBRL DOCUMENT v3.8.0.1
Income Taxes
3 Months Ended
May 05, 2018
Income Tax Disclosure [Abstract]  
Income Taxes

5. Income Taxes

The Company recorded income tax expense of $4.0 million and $5.6 million during the thirteen weeks ended May 5, 2018 and April 29, 2017, respectively. The effective tax rates were 26.1% and 41.1% in the thirteen weeks ended May 5, 2018 and April 29, 2017, respectively.

The effective tax rate for the thirteen weeks ended May 5, 2018 exceeds the federal statutory rate of 21.0% primarily due to stock compensation, state income taxes and §162(m) officer compensation limitation. The effective tax rate for the thirteen weeks ended April 29, 2017 exceeds the federal statutory rate of 35.0% primarily due to state income taxes and non-deductible IPO related expenses.

On December 22, 2017, the U.S. Tax Cuts and Jobs Act (TCJA) legislation was signed.  The new U.S. tax legislation is subject to a number of provisions, including a reduction of the U.S. federal corporate income tax rate from 35.0% to 21.0% (effective January 1, 2018) and a change in certain business deductions, including allowing for immediate expensing of certain qualified capital expenditures.

Staff Accounting Bulletin No. 118 (“SAB 118”), issued by the Securities and Exchange Commission in December 2017, provides the Company with up to one year to finalize accounting for the impacts of TCJA. When the initial accounting for TCJA impacts is incomplete, the Company may include provisional amounts when reasonable estimates can be made. As of February 3, 2018, the Company made a reasonable estimate of its deferred income tax benefit related to the corporate rate change of $24.0 million and estimates to expense qualifying capital expenditures.

In the thirteen weeks ended May 5, 2018, the Company has not recognized any measurement period adjustments. The Company has not completed its process to determine the final impact of TCJA. The final impact may differ from this estimate, possibly materially, due to, among other things, changes in interpretations and assumptions that the Company has made and the issuance of additional regulatory and other guidance. Further, any required adjustment would be reflected as a discrete expense or benefit in the quarter that it is identified, as allowed by SAB 118. Although no material changes are anticipated, the Company expects to complete the analysis within the measurement period in accordance with SAB 118.

XML 23 R12.htm IDEA: XBRL DOCUMENT v3.8.0.1
Earnings Per Share
3 Months Ended
May 05, 2018
Earnings Per Share [Abstract]  
Earnings Per Share

6. Earnings Per Share

The following table summarizes the computation of basic and diluted net income per share attributable to common shareholders (in thousands, except share and per share data):

 

 

 

For the Thirteen Weeks Ended

 

 

 

May 5, 2018

 

 

April 29, 2017

 

Numerator

 

 

 

 

 

 

 

 

Net income attributable to common shareholders:

 

$

11,258

 

 

$

8,027

 

Denominator

 

 

 

 

 

 

 

 

Weighted average number of common shares outstanding, basic:

 

 

42,216,331

 

 

 

42,518,143

 

Dilutive effect of restricted shares

 

 

1,191,083

 

 

 

1,162,342

 

Weighted average number of common shares outstanding, diluted:

 

 

43,407,414

 

 

 

43,680,485

 

Net income per common share attributable to common shareholders, basic:

 

$

0.27

 

 

$

0.19

 

Net income per common share attributable to common shareholders, diluted:

 

$

0.26

 

 

$

0.18

 

 

The weighted average common shares for the diluted earnings per share calculation exclude the impact of outstanding equity awards if the assumed proceeds per share of the award is in excess of the related fiscal period’s average price of the Company’s common stock. Such awards are excluded because they would have an antidilutive effect. There were 1,122,820 and 83,565 such awards excluded for the thirteen weeks ended May 5, 2018 and April 29, 2017, respectively.

XML 24 R13.htm IDEA: XBRL DOCUMENT v3.8.0.1
Equity-Based Compensation
3 Months Ended
May 05, 2018
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Equity-Based Compensation

7. Equity-Based Compensation

Compensation expense was $0.8 million and $0.1 million for the thirteen weeks ended May 5, 2018 and April 29, 2017, respectively.

XML 25 R14.htm IDEA: XBRL DOCUMENT v3.8.0.1
Related Party Transactions
3 Months Ended
May 05, 2018
Related Party Transactions [Abstract]  
Related Party Transactions

8. Related Party Transactions

For the thirteen weeks ended May 5, 2018, the Company incurred an immaterial amount of related party transactions. For the thirteen weeks ended April 29, 2017 the Company incurred an immaterial amount of out-of-pocket expenses in relation to the advisory services agreement with a related party. These expenses are included in operating expenses in the accompanying consolidated statements of operations and comprehensive income.

XML 26 R15.htm IDEA: XBRL DOCUMENT v3.8.0.1
Commitments and Contingencies
3 Months Ended
May 05, 2018
Commitments And Contingencies Disclosure [Abstract]  
Commitments and Contingencies

9. Commitments and Contingencies

Operating Lease Agreements

The Company recorded a deferred lease liability of $10.1 million and $9.5 million as of May 5, 2018 and February 3, 2018, respectively. In certain instances, the Company also receives tenant improvement incentives for its store leases, which it accrues and amortizes ratably over the life of the lease. The Company maintained a tenant improvement incentive liability of $17.5 million and $17.3 million as of May 5, 2018 and February 3, 2018, respectively.  

Total rental and common area maintenance expense was $15.5 million and $14.4 million for the thirteen weeks ended May 5, 2018 and April 29, 2017, respectively, exclusive of contingent rental expense recorded of $0.2 million and $0.4 million for the same respective periods.

Legal Proceedings

Shareholder Class Action Lawsuits

On October 13, 2017, a securities lawsuit was filed in the United States District Court for the District of Massachusetts against the Company, several members of our Board of Directors and our Chief Financial Officer, among others. The complaint was brought under the Securities Act of 1933 and sought certification of a class of plaintiffs comprised of all shareholders that acquired stock issued by the Company in its initial public offering in March 2017. The plaintiffs sought compensation for losses they incurred since purchasing the stock.  Following the filing of this lawsuit, two additional, similar actions were brought in the same court. The three matters were eventually consolidated, and a lead plaintiff was appointed by the court. On March 9, 2018, an amended complaint captioned The Pension Trust v. J.Jill, Inc., et al. was filed. The Company filed a motion to dismiss on May 14, 2018. The Company believes the claims in the case are without merit and intends to defend the matter vigorously. No material amount has been accrued.

We are not presently party to any other legal proceedings the resolution of which we believe would have a material adverse effect on our business, financial condition, operating results or cash flows. We establish reserves for specific legal matters when we determine that the likelihood of an unfavorable outcome is probable and the loss is reasonably estimable.

XML 27 R16.htm IDEA: XBRL DOCUMENT v3.8.0.1
Summary of Significant Accounting Policies (Policies)
3 Months Ended
May 05, 2018
Accounting Policies [Abstract]  
Basis of Presentation

Basis of Presentation

Our interim consolidated financial statements are unaudited. All significant intercompany balances and transactions have been eliminated in consolidation. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) have been omitted, in accordance with the rules of the Securities and Exchange Commission (the “SEC”). In the opinion of management, these interim consolidated financial statements contain all normal and recurring adjustments necessary to state fairly the financial position and results of operations of the Company. The consolidated balance sheet as of February 3, 2018 is derived from the audited consolidated balance sheet as of that date. The unaudited results of operations for the thirteen weeks ended May 5, 2018 are not necessarily indicative of future results or results to be expected for the full year ending February 2, 2019. You should read these statements in conjunction with our audited consolidated financial statements and related notes in our Annual Report on Form 10-K for the year ended February 3, 2018.

Significant changes to our accounting policies as a result of adopting Accounting Standards Update (“ASU”) 2014-09Revenue from Contracts with Customers (Topic 606) are discussed below in “Significant Accounting Policies Update” and Note 3.

Recently Adopted Accounting Policies and Significant Accounting Policies Update

Recently Adopted Accounting Policies

In May 2014, the FASB issued ASU 2014-09Revenue from Contracts with Customers (Topic 606), which supersedes the revenue recognition requirements in FASB ASC Topic 605 – Revenue Recognition. The new guidance established principles for reporting revenue and cash flows arising from an entity’s contracts with customers. The Company adopted ASU 2014-09 and related amendments, collectively known as Accounting Standards Codification 606 (“Topic 606”) as of February 4, 2018 on a modified retrospective basis. See “Significant Accounting Policies Update” and Note 3 for a discussion of our updated policies related to revenue recognition and disclosures related to the impact of this standard.

In October 2016 the FASB issued ASU 2016-16, Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory. This update is intended to improve the accounting for the income tax consequences of intra-entity transfers of assets other than inventory. Under the new guidance, an entity would recognize the current and deferred income tax consequences of an intra-entity asset transfer when the transfer occurs. Intra-entity inventory transfers would still be an exception. The provisions of ASU 2016-16 were adopted as of February 4, 2018 under the modified retrospective method with no cumulative-effect adjustment to retained earnings.

In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows - Classification of Certain Cash Receipts and Cash Payments, which addresses eight specific cash flow issues with the objective of reducing the existing diversity in practice in how certain cash receipts and cash payments are presented and classified in the statement of cash flows. The standard was retrospectively adopted as of February 4, 2018 and did not have an impact on the consolidated statement of cash flows.

Significant Accounting Policies Update

Adoption of ASC Topic 606: Revenue from Contracts with Customers

On February 4, 2018, the Company adopted Topic 606 using the modified retrospective method applied to contracts which were not completed as of February 4, 2018. As part of the adoption of Topic 606, Topic 340-20 – Capitalized Advertising Costs was superseded and therefore, the Company transitioned to ASC 720-35 – Advertising Costs for reporting on costs of advertising. Results for reporting periods beginning after February 4, 2018 are presented under Topic 606 and Topic 720, while prior period amounts are not adjusted and continue to be reported in accordance with our historic accounting under Topic 605 and Topic 340.

The Company recorded a cumulative reduction to opening retained earnings of $0.3 million. The impact on opening retained earnings was a $0.8 million decrease from the acceleration of prepaid catalog expenses offset by a $0.5 million increase from the recognition of direct revenues previously deferred under Topic 605.

Effective February 4, 2018, the Company changed its consolidated balance sheet presentation for expected sales returns and recorded a $5.0 million return asset and a corresponding increase to the return liability to present our sales reserve gross in accordance with Topic 606. In addition, as of the date of adoption of Topic 606, the Company will present reimbursements of costs of marketing programs related to the private label credit card gross in the consolidated statement of operations with no impact to opening retained earnings.

Revenue Recognition

Revenue Recognition

Revenue is primarily derived from the sale of apparel and accessory merchandise through our retail channel and direct channel, which includes website and catalog phone orders. Revenue also includes shipping and handling fees collected from customers. Topic 606 requires entities to recognize revenue when control of the promised goods or services are transferred to customers at an amount that reflects the consideration to which the entity expects to be entitled to in exchange for those goods or services.  Revenue from our retail channel is recognized at the time of sale and revenue from our direct channel is recognized upon shipment of merchandise to the customer.

The Company has a return policy where merchandise returns will be accepted within 90 days of the original purchase date.  At the time of sale, the Company records an estimated sales reserve for merchandise returns based on historical prior returns experience and expected future returns. The estimated sales reserve is recorded as a return asset (and corresponding adjustment to cost of goods sold) for the cost of inventory and a return liability for the amount to settle the return with a customer (and a corresponding adjustment to revenue). The return asset and return liability are recorded in prepaid expenses and other assets, and accrued expenses and other current liabilities, respectively, in the consolidated balance sheet. The Company collects and remits sales and use taxes in all states in which retail and direct sales occur and taxes are applicable. These taxes are reported on a net basis and are thereby excluded from revenue.

The Company sells gift cards without expiration dates to customers. The Company does not charge administrative fees on unused gift cards. Proceeds from the sale of gift cards are recorded as a contract liability until the customer redeems the gift card or when the likelihood of redemption is remote. Based on historical experience, the Company estimates the value of outstanding gift cards that will ultimately not be redeemed (“gift card breakage”) and will not be escheated under statutory unclaimed property laws. This gift card breakage is recognized as revenue over the time period established by the Company’s historical gift card redemption pattern.

The Company recognizes revenues from shipments to customers before the shipping and handling activities occur and will accrue those related costs. Shipping and handling costs are recorded in selling, general and administrative expenses. There is no change to the Company’s comparative reporting of shipping and handling costs as a result of adopting of Topic 606.

Credit Card Agreement

Credit Card Agreement

The Company has an arrangement with a third party to provide a private label credit card to its customers through August 2023, and will automatically renew thereafter for successive two year terms. The Company does not bear the credit risk associated with the private label credit card at any point prior to the termination of the agreement, at which point the Company is obligated to purchase the receivables. If the arrangement is terminated prior to September 7, 2021 and other criteria are met, the Company is obligated to pay a purchase price premium. The potential impact of the purchase obligation cannot be reasonably estimated, and therefore, has not been recorded.

The Company receives royalty payments through its private label credit card agreement. The royalty payments are recognized as revenue when they are received. Royalty payments recognized in the thirteen weeks ended May 5, 2018 and April 29, 2017 were $1.4 million and $1.2 million, respectively.

The Company also receives reimbursements for costs of marketing programs related to the private label credit card, which are recorded as revenue as earned and the costs incurred are recorded as operating expenses in selling, general and administrative expenses in the accompanying consolidated statements of operations and comprehensive income (loss). Reimbursements for costs of marketing programs of $1.1 million were recognized in the thirteen weeks ended May 5, 2018.

The credit card agreement provides a signing bonus to the Company, which is recognized into revenue over the life of the agreement.

Advertising Costs

Advertising Costs

The Company incurs costs to produce, print, and distribute its catalogs. Catalog costs are considered direct response advertising, which are capitalized as incurred, and expensed when the catalog is mailed to the customer (the first time the advertising occurs). Advertising expenses were $10.1 million and $9.2 million in the thirteen weeks ended May 5, 2018 and April 29, 2017, respectively, and are included in selling, general and administrative expenses in the accompanying consolidated statements of operations and comprehensive income (loss).

Other advertising costs are recorded as incurred. Other advertising costs recorded were $5.8 million and $4.9 million for the thirteen weeks ended May 5, 2018 and April 29, 2017, respectively, and are included in selling, general and administrative expenses in the accompanying consolidated statements of operations and comprehensive income (loss).

XML 28 R17.htm IDEA: XBRL DOCUMENT v3.8.0.1
Revenues (Tables)
3 Months Ended
May 05, 2018
Revenue From Contract With Customer [Abstract]  
Schedule of Revenues Disaggregated by Revenue Source

The following table presents revenues disaggregated by revenue source (in thousands):

 

 

For the Thirteen Weeks Ended

 

 

 

May 5, 2018

 

 

April 29, 2017(1)

 

Retail

 

$

108,031

 

 

$

95,347

 

Direct

 

 

73,510

 

 

 

70,779

 

Net revenues

 

$

181,541

 

 

$

166,126

 

 

(1) As previously noted, prior period amounts have not been adjusted under the modified retrospective method.

Schedule of Contract Liabilities

Total contract liabilities consisted of the following (in thousands):

 

May 5, 2018

 

 

February 3, 2018

 

Contract liabilities:

 

 

 

 

 

 

 

Signing bonus

$

753

 

 

$

788

 

Unredeemed gift cards

 

5,279

 

 

 

6,466

 

Total contract liabilities(1)

$

6,032

 

 

$

7,254

 

 

(1) Included in accrued expenses and other current liabilities on the Company's consolidated balance sheet. The short term portion of the signing bonus is included in other liabilities on the Company’s consolidated balance sheet.

Schedule of Revenue Recognized Over Remaining Life of Contract

The Company will recognize revenue over the remaining life of the contract as follows (in thousands):

 

 

Fiscal Year 2018

 

 

Fiscal Year 2019

 

 

Thereafter

 

Signing bonus

$

106

 

 

 

141

 

 

$

506

 

 

XML 29 R18.htm IDEA: XBRL DOCUMENT v3.8.0.1
Debt (Tables)
3 Months Ended
May 05, 2018
Debt Disclosure [Abstract]  
Components of Outstanding Term Loan

The components of the Company’s outstanding Term Loan were as follows (in thousands):

 

 

 

May 5, 2018

 

 

February 3, 2018

 

Term Loan

 

$

247,477

 

 

$

248,176

 

Discount on debt and debt issuance costs

 

 

(6,155

)

 

 

(6,496

)

Less: Current portion

 

 

(2,799

)

 

 

(2,799

)

Net long-term debt

 

$

238,523

 

 

$

238,881

 

 

XML 30 R19.htm IDEA: XBRL DOCUMENT v3.8.0.1
Earnings Per Share (Tables)
3 Months Ended
May 05, 2018
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Income Per Share Attributable to Common Shareholders

The following table summarizes the computation of basic and diluted net income per share attributable to common shareholders (in thousands, except share and per share data):

 

 

 

For the Thirteen Weeks Ended

 

 

 

May 5, 2018

 

 

April 29, 2017

 

Numerator

 

 

 

 

 

 

 

 

Net income attributable to common shareholders:

 

$

11,258

 

 

$

8,027

 

Denominator

 

 

 

 

 

 

 

 

Weighted average number of common shares outstanding, basic:

 

 

42,216,331

 

 

 

42,518,143

 

Dilutive effect of restricted shares

 

 

1,191,083

 

 

 

1,162,342

 

Weighted average number of common shares outstanding, diluted:

 

 

43,407,414

 

 

 

43,680,485

 

Net income per common share attributable to common shareholders, basic:

 

$

0.27

 

 

$

0.19

 

Net income per common share attributable to common shareholders, diluted:

 

$

0.26

 

 

$

0.18

 

 

XML 31 R20.htm IDEA: XBRL DOCUMENT v3.8.0.1
Description of Business - Additional Information (Detail)
May 05, 2018
Store
Minimum [Member]  
Organization Consolidation And Presentation Of Financial Statements [Line Items]  
Number of Stores 270
XML 32 R21.htm IDEA: XBRL DOCUMENT v3.8.0.1
Summary of Significant Accounting Policies - Additional Information (Detail) - USD ($)
$ in Millions
3 Months Ended
Feb. 04, 2018
May 05, 2018
Apr. 29, 2017
Schedule Of Significant Accounting Policies [Line Items]      
Expected sales returns $ 5.0    
Credit card arrangement extension, description   The Company has an arrangement with a third party to provide a private label credit card to its customers through August 2023, and will automatically renew thereafter for successive two year terms.  
Royalty payments recognized as revenue   $ 1.4 $ 1.2
Operating Expenses [Member]      
Schedule Of Significant Accounting Policies [Line Items]      
Reimbursements for credit card marketing program   1.1  
Selling, General and Administrative Expenses [Member]      
Schedule Of Significant Accounting Policies [Line Items]      
Advertising expenses   10.1 9.2
Other advertising expense   5.8 $ 4.9
ASU 2014-09 [Member] | Retained Earnings [Member]      
Schedule Of Significant Accounting Policies [Line Items]      
Cumulative effect reduction to accumulated retained earnings   0.8  
ASU 2014-09 [Member] | Retained Earnings [Member] | Difference between Revenue Guidance in Effect before and after Topic 606 [Member]      
Schedule Of Significant Accounting Policies [Line Items]      
Cumulative effect reduction to accumulated retained earnings   0.3  
ASU 2014-09 [Member] | Retained Earnings [Member] | Calculated under Revenue Guidance in Effect before Topic 606 [Member]      
Schedule Of Significant Accounting Policies [Line Items]      
Cumulative effect reduction to accumulated retained earnings   $ 0.5  
XML 33 R22.htm IDEA: XBRL DOCUMENT v3.8.0.1
Revenues - Schedule of Revenues Disaggregated by Revenue Source (Detail) - USD ($)
$ in Thousands
3 Months Ended
May 05, 2018
Apr. 29, 2017
Disaggregation Of Revenue [Line Items]    
Net revenues $ 181,541 $ 166,126
Retail [Member]    
Disaggregation Of Revenue [Line Items]    
Net revenues 108,031 95,347
Direct [Member]    
Disaggregation Of Revenue [Line Items]    
Net revenues $ 73,510 $ 70,779
XML 34 R23.htm IDEA: XBRL DOCUMENT v3.8.0.1
Revenues - Schedule of Contract Liabilities (Detail) - USD ($)
$ in Thousands
May 05, 2018
Feb. 03, 2018
Contract liabilities:    
Signing bonus $ 753 $ 788
Unredeemed gift cards 5,279 6,466
Total contract liabilities $ 6,032 $ 7,254
XML 35 R24.htm IDEA: XBRL DOCUMENT v3.8.0.1
Revenues - Additional Information (Detail) - USD ($)
$ in Millions
3 Months Ended
May 05, 2018
Apr. 29, 2017
Revenue From Contract With Customer [Abstract]    
Revenue recognized from unredeemed gift $ 0.1 $ 0.1
XML 36 R25.htm IDEA: XBRL DOCUMENT v3.8.0.1
Revenues - Schedule of Revenue Recognized Over Remaining Life of Contract (Detail)
$ in Thousands
3 Months Ended
May 05, 2018
USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2018-05-06  
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction [Line Items]  
Signing bonus $ 106
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period 9 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2019-02-03  
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction [Line Items]  
Signing bonus $ 141
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period 1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2020-02-02  
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction [Line Items]  
Signing bonus $ 506
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: (nil)  
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction [Line Items]  
Signing bonus $ 800
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period
XML 37 R26.htm IDEA: XBRL DOCUMENT v3.8.0.1
Debt - Components of Outstanding Term Loan (Detail) - USD ($)
$ in Thousands
May 05, 2018
Feb. 03, 2018
Long Term Debt [Abstract]    
Term Loan $ 247,477 $ 248,176
Discount on debt and debt issuance costs (6,155) (6,496)
Less: Current portion (2,799) (2,799)
Net long-term debt $ 238,523 $ 238,881
XML 38 R27.htm IDEA: XBRL DOCUMENT v3.8.0.1
Income Taxes - Additional Information (Detail) - USD ($)
3 Months Ended 11 Months Ended 12 Months Ended
May 05, 2018
Apr. 29, 2017
Dec. 31, 2017
Feb. 03, 2018
Income Tax Disclosure [Abstract]        
Income tax expense $ 3,972,000 $ 5,603,000    
Effective income tax rate 26.10% 41.10%    
U.S. Federal corporate income tax rate 21.00% 35.00% 35.00%  
Deferred income tax benefit related to TCJA       $ 24,000,000
Measurement period adjustments related to TCJA $ 0      
XML 39 R28.htm IDEA: XBRL DOCUMENT v3.8.0.1
Earnings Per Share - Computation of Basic and Diluted Net Income Per Share Attributable to Common Shareholders (Detail) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended
May 05, 2018
Apr. 29, 2017
Numerator    
Net income attributable to common shareholders: $ 11,258 $ 8,027
Denominator    
Weighted average number of common shares outstanding, basic: 42,216,331 42,518,143
Dilutive effect of restricted shares 1,191,083 1,162,342
Weighted average number of common shares outstanding, diluted: 43,407,414 43,680,485
Net income per common share attributable to common shareholders, basic: $ 0.27 $ 0.19
Net income per common share attributable to common shareholders, diluted: $ 0.26 $ 0.18
XML 40 R29.htm IDEA: XBRL DOCUMENT v3.8.0.1
Earnings Per Share - Additional Information (Detail) - shares
3 Months Ended
May 05, 2018
Apr. 29, 2017
Earnings Per Share [Abstract]    
Antidilutive equity awards excluded from the computation of diluted earnings per share 1,122,820 83,565
XML 41 R30.htm IDEA: XBRL DOCUMENT v3.8.0.1
Equity-Based Compensation - Additional Information (Detail) - USD ($)
$ in Millions
3 Months Ended
May 05, 2018
Apr. 29, 2017
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]    
Equity based compensation expense $ 0.8 $ 0.1
XML 42 R31.htm IDEA: XBRL DOCUMENT v3.8.0.1
Commitments and Contingencies - Additional Information (Detail) - USD ($)
$ in Millions
3 Months Ended
May 05, 2018
Apr. 29, 2017
Feb. 03, 2018
Commitments And Contingencies Disclosure [Abstract]      
Deferred lease liability $ 10.1   $ 9.5
Tenant improvement incentive liability 17.5   $ 17.3
Rent and common area maintenance expense 15.5 $ 14.4  
Contingent rental expense $ 0.2 $ 0.4  
EXCEL 43 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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end XML 44 Show.js IDEA: XBRL DOCUMENT /** * Rivet Software Inc. * * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved. * Version 2.4.0.3 * */ var Show = {}; Show.LastAR = null, Show.hideAR = function(){ Show.LastAR.style.display = 'none'; }; Show.showAR = function ( link, id, win ){ if( Show.LastAR ){ Show.hideAR(); } var ref = link; do { ref = ref.nextSibling; } while (ref && ref.nodeName != 'TABLE'); if (!ref || ref.nodeName != 'TABLE') { var tmp = win ? win.document.getElementById(id) : document.getElementById(id); if( tmp ){ ref = tmp.cloneNode(true); ref.id = ''; link.parentNode.appendChild(ref); } } if( ref ){ ref.style.display = 'block'; Show.LastAR = ref; } }; Show.toggleNext = function( link ){ var ref = link; do{ ref = ref.nextSibling; }while( ref.nodeName != 'DIV' ); if( ref.style && ref.style.display && ref.style.display == 'none' ){ ref.style.display = 'block'; if( link.textContent ){ link.textContent = link.textContent.replace( '+', '-' ); }else{ link.innerText = link.innerText.replace( '+', '-' ); } }else{ ref.style.display = 'none'; if( link.textContent ){ link.textContent = link.textContent.replace( '-', '+' ); }else{ link.innerText = link.innerText.replace( '-', '+' ); } } }; XML 45 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 47 FilingSummary.xml IDEA: XBRL DOCUMENT 3.8.0.1 html 38 122 1 true 12 0 false 5 false false R1.htm 100000 - Document - Document and Entity Information Sheet http://www.jjill.com/20180505/taxonomy/role/DocumentDocumentAndEntityInformation Document and Entity Information Cover 1 false false R2.htm 100010 - Statement - Consolidated Balance Sheets Sheet http://www.jjill.com/20180505/taxonomy/role/StatementConsolidatedBalanceSheets Consolidated Balance Sheets Statements 2 false false R3.htm 100020 - Statement - Consolidated Balance Sheets (Parenthetical) Sheet http://www.jjill.com/20180505/taxonomy/role/StatementConsolidatedBalanceSheetsParenthetical Consolidated Balance Sheets (Parenthetical) Statements 3 false false R4.htm 100030 - Statement - Consolidated Statements of Operations and Comprehensive Income Sheet http://www.jjill.com/20180505/taxonomy/role/StatementConsolidatedStatementsOfOperationsAndComprehensiveIncome Consolidated Statements of Operations and Comprehensive Income Statements 4 false false R5.htm 100040 - Statement - Consolidated Statement of Shareholders' Equity Sheet http://www.jjill.com/20180505/taxonomy/role/StatementConsolidatedStatementOfShareholdersEquity Consolidated Statement of Shareholders' Equity Statements 5 false false R6.htm 100050 - Statement - Consolidated Statements of Cash Flows Sheet http://www.jjill.com/20180505/taxonomy/role/StatementConsolidatedStatementsOfCashFlows Consolidated Statements of Cash Flows Statements 6 false false R7.htm 100060 - Disclosure - Description of Business Sheet http://www.jjill.com/20180505/taxonomy/role/DisclosureDescriptionOfBusiness Description of Business Notes 7 false false R8.htm 100070 - Disclosure - Summary of Significant Accounting Policies Sheet http://www.jjill.com/20180505/taxonomy/role/DisclosureSummaryOfSignificantAccountingPolicies Summary of Significant Accounting Policies Notes 8 false false R9.htm 100080 - Disclosure - Revenues Sheet http://www.jjill.com/20180505/taxonomy/role/DisclosureRevenues Revenues Notes 9 false false R10.htm 100090 - Disclosure - Debt Sheet http://www.jjill.com/20180505/taxonomy/role/DisclosureDebt Debt Notes 10 false false R11.htm 100100 - Disclosure - Income Taxes Sheet http://www.jjill.com/20180505/taxonomy/role/DisclosureIncomeTaxes Income Taxes Notes 11 false false R12.htm 100110 - Disclosure - Earnings Per Share Sheet http://www.jjill.com/20180505/taxonomy/role/DisclosureEarningsPerShare Earnings Per Share Notes 12 false false R13.htm 100120 - Disclosure - Equity-Based Compensation Sheet http://www.jjill.com/20180505/taxonomy/role/DisclosureEquityBasedCompensation Equity-Based Compensation Notes 13 false false R14.htm 100130 - Disclosure - Related Party Transactions Sheet http://www.jjill.com/20180505/taxonomy/role/DisclosureRelatedPartyTransactions Related Party Transactions Notes 14 false false R15.htm 100140 - Disclosure - Commitments and Contingencies Sheet http://www.jjill.com/20180505/taxonomy/role/DisclosureCommitmentsAndContingencies Commitments and Contingencies Notes 15 false false R16.htm 100150 - Disclosure - Summary of Significant Accounting Policies (Policies) Sheet http://www.jjill.com/20180505/taxonomy/role/DisclosureSummaryOfSignificantAccountingPoliciesPolicies Summary of Significant Accounting Policies (Policies) Policies http://www.jjill.com/20180505/taxonomy/role/DisclosureSummaryOfSignificantAccountingPolicies 16 false false R17.htm 100160 - Disclosure - Revenues (Tables) Sheet http://www.jjill.com/20180505/taxonomy/role/DisclosureRevenuesTables Revenues (Tables) Tables http://www.jjill.com/20180505/taxonomy/role/DisclosureRevenues 17 false false R18.htm 100170 - Disclosure - Debt (Tables) Sheet http://www.jjill.com/20180505/taxonomy/role/DisclosureDebtTables Debt (Tables) Tables http://www.jjill.com/20180505/taxonomy/role/DisclosureDebt 18 false false R19.htm 100180 - Disclosure - Earnings Per Share (Tables) Sheet http://www.jjill.com/20180505/taxonomy/role/DisclosureEarningsPerShareTables Earnings Per Share (Tables) Tables http://www.jjill.com/20180505/taxonomy/role/DisclosureEarningsPerShare 19 false false R20.htm 100190 - Disclosure - Description of Business - Additional Information (Detail) Sheet http://www.jjill.com/20180505/taxonomy/role/DisclosureDescriptionOfBusinessAdditionalInformationDetail Description of Business - Additional Information (Detail) Details 20 false false R21.htm 100200 - Disclosure - Summary of Significant Accounting Policies - Additional Information (Detail) Sheet http://www.jjill.com/20180505/taxonomy/role/DisclosureSummaryOfSignificantAccountingPoliciesAdditionalInformationDetail Summary of Significant Accounting Policies - Additional Information (Detail) Details 21 false false R22.htm 100210 - Disclosure - Revenues - Schedule of Revenues Disaggregated by Revenue Source (Detail) Sheet http://www.jjill.com/20180505/taxonomy/role/DisclosureRevenuesScheduleOfRevenuesDisaggregatedByRevenueSourceDetail Revenues - Schedule of Revenues Disaggregated by Revenue Source (Detail) Details 22 false false R23.htm 100220 - Disclosure - Revenues - Schedule of Contract Liabilities (Detail) Sheet http://www.jjill.com/20180505/taxonomy/role/DisclosureRevenuesScheduleOfContractLiabilitiesDetail Revenues - Schedule of Contract Liabilities (Detail) Details 23 false false R24.htm 100230 - Disclosure - Revenues - Additional Information (Detail) Sheet http://www.jjill.com/20180505/taxonomy/role/DisclosureRevenuesAdditionalInformationDetail Revenues - Additional Information (Detail) Details 24 false false R25.htm 100240 - Disclosure - Revenues - Schedule of Revenue Recognized Over Remaining Life of Contract (Detail) Sheet http://www.jjill.com/20180505/taxonomy/role/DisclosureRevenuesScheduleOfRevenueRecognizedOverRemainingLifeOfContractDetail Revenues - Schedule of Revenue Recognized Over Remaining Life of Contract (Detail) Details 25 false false R26.htm 100250 - Disclosure - Debt - Components of Outstanding Term Loan (Detail) Sheet http://www.jjill.com/20180505/taxonomy/role/DisclosureDebtComponentsOfOutstandingTermLoanDetail Debt - Components of Outstanding Term Loan (Detail) Details 26 false false R27.htm 100260 - Disclosure - Income Taxes - Additional Information (Detail) Sheet http://www.jjill.com/20180505/taxonomy/role/DisclosureIncomeTaxesAdditionalInformationDetail Income Taxes - Additional Information (Detail) Details 27 false false R28.htm 100270 - Disclosure - Earnings Per Share - Computation of Basic and Diluted Net Income Per Share Attributable to Common Shareholders (Detail) Sheet http://www.jjill.com/20180505/taxonomy/role/DisclosureEarningsPerShareComputationOfBasicAndDilutedNetIncomePerShareAttributableToCommonShareholdersDetail Earnings Per Share - Computation of Basic and Diluted Net Income Per Share Attributable to Common Shareholders (Detail) Details 28 false false R29.htm 100280 - Disclosure - Earnings Per Share - Additional Information (Detail) Sheet http://www.jjill.com/20180505/taxonomy/role/DisclosureEarningsPerShareAdditionalInformationDetail Earnings Per Share - Additional Information (Detail) Details 29 false false R30.htm 100290 - Disclosure - Equity-Based Compensation - Additional Information (Detail) Sheet http://www.jjill.com/20180505/taxonomy/role/DisclosureEquityBasedCompensationAdditionalInformationDetail Equity-Based Compensation - Additional Information (Detail) Details 30 false false R31.htm 100300 - Disclosure - Commitments and Contingencies - Additional Information (Detail) Sheet http://www.jjill.com/20180505/taxonomy/role/DisclosureCommitmentsAndContingenciesAdditionalInformationDetail Commitments and Contingencies - Additional Information (Detail) Details 31 false false All Reports Book All Reports jill-20180505.xml jill-20180505.xsd jill-20180505_cal.xml jill-20180505_def.xml jill-20180505_lab.xml jill-20180505_pre.xml http://fasb.org/us-gaap/2017-01-31 http://xbrl.sec.gov/dei/2014-01-31 true true ZIP 49 0001564590-18-015623-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001564590-18-015623-xbrl.zip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