Income Taxes (Tables)

12 Months Ended

Feb. 02, 2019

Income Tax Disclosure [Abstract]

Components of earnings from continuing operations before income taxes

The components of earnings from continuing operations before income taxes is comprised of the following:

In thousands	2019			2018		2017
United States	$	84,807		$	58,137	$	98,185
Foreign	(6,548		)	10,852		14,573
Total Earnings from Continuing Operations before Income Taxes	$	78,259		$	68,989	$	112,758

Income tax expense from continuing operations

Income tax expense from continuing operations is comprised of the following:

In thousands	2019		2018			2017
Current
U.S. federal	$	13,657	$	25,093		$	24,535
International	1,649		5,421			3,291
State	4,029		3,828			4,687
Total Current Income Tax Expense	19,335		34,342			32,513
Deferred
U.S. federal	3,632		1,491			4,704
International	2,594		(3,498		)	1,182
State	1,474		(54		)	1,477
Total Deferred Income Tax Expense (Benefit)	7,700		(2,061		)	7,363
Total Income Tax Expense – Continuing Operations	$	27,035	$	32,281		$	39,876

Deferred tax assets and liabilities

 Deferred tax assets and liabilities are comprised of the following:

	February 2,			February 3,
In thousands	2019			2018
Identified intangibles	$	(3,265	)	$	(4,821	)
Prepaids	(1,638		)	(2,226		)
Convertible bonds	—			(372		)
Tax over book depreciation	—			(6,167		)
Pensions	(1,802		)	—
Gross deferred tax liabilities	(6,705		)	(13,586		)
Pensions	—			562
Deferred rent	11,081			14,214
Book over tax depreciation	2,739			—
Expense accruals	5,061			6,896
Uniform capitalization costs	7,938			9,549
Provisions for discontinued operations and restructurings	730			1,045
Inventory valuation	908			1,798
Tax net operating loss and credit carryforwards	15,766			3,682
Allowances for bad debts and notes	318			382
Deferred compensation and restricted stock	3,814			4,709
Other	39			2,177
Gross deferred tax assets	48,394			45,014
Deferred tax asset valuation allowance	(20,354		)	(6,351		)
Deferred tax asset net of valuation allowance	28,040			38,663
Net Deferred Tax Assets	$	21,335		$	25,077

Deferred tax assets net classification

The deferred tax balances have been classified in the Consolidated Balance Sheets as follows:

	2019		2018
Net non-current asset	$	21,335	$	25,077
Net non-current liability	—		—
Net Deferred Tax Assets	$	21,335	$	25,077

Reconciliation of the United States federal statutory rate to the Company's effective tax rate from continuing operations

Reconciliation of the United States federal statutory rate to the Company’s effective tax rate from continuing operations is as follows:

	2019		2018		2017
U. S. federal statutory rate of tax	21.00	%	33.72	%	35.00	%
State taxes (net of federal tax benefit)	5.67		3.58		4.07
Foreign rate differential	(2.56	)	(5.66	)	(3.38	)
Change in valuation allowance	11.51		1.95		1.18
Impact of statutory rate change	—		7.74		—
Credits	(2.65	)	(1.80	)	(1.20	)
Permanent items	2.27		2.77		1.37
Uncertain federal, state and foreign tax positions	(1.68	)	(1.36	)	(1.21	)
Transition tax	2.23		6.47		—
Other	(1.24	)	(0.62	)	(0.47	)
Effective Tax Rate	34.55	%	46.79	%	35.36	%

Reconciliation of the total amounts of unrecognized tax benefits

The following is a tabular reconciliation of the total amounts of unrecognized tax benefits for Fiscal 2019, 2018 and 2017.

In thousands	2019			2018			2017
Unrecognized Tax Benefit – Beginning of Period	$	3,701		$	5,622		$	14,639
Gross Increases (Decreases) – Tax Positions in a Prior Period	—			(15		)	(7,585		)
Gross Increases (Decreases) – Tax Positions in a Current Period	(638		)	(166		)	491
Settlements	—			—			(742		)
Lapse of Statutes of Limitations	(1,228		)	(1,740		)	(1,181		)
Unrecognized Tax Benefit – End of Period	$	1,835		$	3,701		$	5,622