Deferred Tax Assets and Liabilities Components - (Tables)

12 Months Ended

Feb. 02, 2013

ComponentsOfDeferredTaxAssetsAndLiabilitiesAbstract

Schedule Of Deferred Tax Asset And Liability Components

Significant components of the Company's deferred tax assets and liabilities as of February 2, 2013 and January 28, 2012 are as follows (in thousands):
						February 2, 2013			January 28, 2012
	Deferred tax assets:
		Allowance for doubtful accounts				$	772		$	888
		Inventory valuation					1,232			-
		Capital loss carryforward					-			40
		Deferred lease liability					4,174			5,145
		Non-deductible accrued liabilities					1,355			1,232
		Other taxes					1,564			1,420
		Federal benefit of uncertain tax positions					3,910			3,803
		Equity compensation expense					2,728			1,774
		Other					1,952			1,411
			Total deferred tax assets				17,687			15,713
	Deferred tax liabilities
		Property and equipment					12,425			15,253
		Unrealized gains on short-term investments					495			564
		Health care expense					1,150			1,403
		Inventory valuation					-			617
		Other					2,316			2,184
			Total deferred tax liabilities				16,386			20,021
	Net deferred tax liabilities (assets)					$	(1,301)		$	4,308
	The reconciliation of the Company's effective income tax rate with the statutory rate is as follows:
				February 2, 2013			January 28, 2012			January 29, 2011
	Fiscal Year Ended
	Federal income tax rate			35.0	%		35.0	%		35.0	%
	State income taxes			3.2			1.7			2.7
	Tax credits			(1.1)			(1.0)			(1.4)
	Tax exempt interest			(0.5)			(0.5)			(0.4)
	Effects of permanent differences			0.1			(0.1)			0.4
	Other			1.0			0.2			0.3
	Effective income tax rate			37.7	%		35.3	%		36.6	%