Income Taxes (Tables)

12 Months Ended

Jan. 30, 2016

Summary of the entity's distribution between domestic and foreign earnings (loss) from continuing operations before income taxes and the provision (benefit) for income taxes related to continuing operations

The following table summarizes our distribution between domestic and foreign earnings (loss) before income taxes and the provision (benefit) for income taxes (in thousands):



	Fiscal 2015			Fiscal 2014			Fiscal 2013
Earnings from continuing operations before income taxes:
Domestic	$	96,512		$	94,607		$	101,986
Foreign	(1,456		)	(5,024		)	(9,614		)
Earnings from continuing operations before income taxes	$	95,056		$	89,583		$	92,372

Income taxes:
Current:
Federal	$	33,205		$	33,552		$	31,322
State	4,789			4,865			4,111
Foreign	138			516			161
	38,132			38,933			35,594
Deferred—primarily Federal	(1,508		)	(3,071		)	1,382
Deferred—Foreign	(105		)	(76		)	(32		)
Income taxes	$	36,519		$	35,786		$	36,944

Schedule of reconciliations of the United States federal statutory income tax rates and the entity's effective tax rates

Reconciliations of the United States federal statutory income tax rates and our effective tax rates are summarized as follows:



	Fiscal 2015		Fiscal 2014		Fiscal 2013
Statutory tax rate	35.0	%	35.0	%	35.0	%
State income taxes—net of federal income tax benefit	3.3	%	3.0	%	2.8	%
Impact of foreign operations (1)	0.6	%	1.1	%	1.3	%
Valuation allowance against foreign losses and other carryforwards (2)	0.3	%	0.8	%	1.5	%
Other, net	(0.8	)%	—	%	(0.6	)%
Effective tax rate for continuing operations	38.4	%	39.9	%	40.0	%

(1) Impact of foreign operations primarily reflects the rate differential between the United States and the respective foreign jurisdictions on foreign losses, and the impact of any permanent differences.

(2) Valuation allowance against foreign losses primarily reflects the valuation allowance recognized due to our inability to recognize an income tax benefit related to certain operating loss carry-forwards and deferred tax assets during the period.

Schedule of deferred tax assets and liabilities included in the entity's consolidated balance sheets

Deferred tax assets and liabilities included in our consolidated balance sheets are comprised of the following (in thousands):



	January 30, 2016			January 31, 2015
Deferred Tax Assets:
Inventories	$	16,610		$	15,385
Accrued compensation and benefits	14,287			11,725
Receivable allowances and reserves	2,601			2,419
Depreciation and amortization	—			480
Deferred rent and lease obligations	5,981			3,444
Operating loss and other carry-forwards	3,455			3,987
Other, net	2,559			1,408
Deferred tax assets	45,493			38,848
Deferred Tax Liabilities:
Depreciation and amortization	(2,689		)	—
Acquired intangible assets	(41,683		)	(39,574		)
Deferred tax liabilities	(44,372		)	(39,574		)
Valuation allowance	(4,553		)	(4,317		)
Net deferred tax liability	$	(3,432	)	$	(5,043	)

Schedule of deferred income taxes included in the line items in the entity's consolidated balance sheets

The amounts of deferred income taxes included in the following line items in our consolidated balance sheets are as follows (in thousands):



	January 30, 2016			January 31, 2015
Assets:
Deferred tax assets	$	225		$	118
Liabilities:
Deferred tax liabilities	(3,657		)	(5,161		)
Net deferred tax liability	$	(3,432	)	$	(5,043	)