Income Taxes (Tables)

12 Months Ended

Jan. 30, 2015

Income Tax Disclosure [Abstract]

Schedule of income before income taxes

The Company’s income before income taxes in the United States and in foreign jurisdictions is as follows:

(in thousands)	Fiscal 2014		Fiscal 2013		Fiscal 2012
Income before income taxes:
United States	$	114,772	$	117,318	$	65,131
Foreign	5,785		11,073		16,939
Total income before income taxes	$	120,557	$	128,391	$	82,070

Schedule of components of the provision for income taxes

The components of the provision for income taxes are as follows:

(in thousands)	Fiscal 2014		Fiscal 2013		Fiscal 2012
United States	$	44,503	$	46,272	$	27,645
Foreign	2,255		3,272		4,598
Total provision	$	46,758	$	49,544	$	32,243

(in thousands)	Fiscal 2014		Fiscal 2013			Fiscal 2012
Current:
Federal	$	20,902	$	46,355		$	18,892
State	6,361		5,631			5,678
Foreign	1,950		2,519			4,607
Total current	29,213		54,505			29,177
Deferred:
Federal	14,579		(4,238		)	3,725
State	2,661		(426		)	(650		)
Foreign	305		(297		)	(9		)
Total deferred	17,545		(4,961		)	3,066
Total provision	$	46,758	$	49,544		$	32,243

Reconciliation of the effective income tax rate

A reconciliation of the statutory federal income tax rate to the effective income tax rate is as follows:

	Fiscal 2014		Fiscal 2013		Fiscal 2012
Tax at statutory federal tax rate	35.0	%	35.0	%	35.0	%
State income taxes, net of federal tax benefit	2.9	%	2.6	%	4.0	%
Other, net	0.9	%	1.0	%	0.3	%
Total	38.8	%	38.6	%	39.3	%

Summary of deferred tax assets and liabilities

Deferred tax assets and liabilities consisted of the following:

(in thousands)	January 30, 2015			January 31, 2014
Deferred tax assets:
Deferred revenue	$	7,894		$	4,144
Credit carryforwards	5,964			—
Product recall and other reserves	5,253			—
Deferred compensation	4,823			—
Reserve for returns	4,695			4,376
Benefit plans	—			1,734
Inventory	4,822			5,631
Property and equipment	153			1,233
Insurance reserves	827			945
Other	10,469			8,323
Total deferred tax assets	44,900			26,386
Deferred tax liabilities:
Intangible assets	197,786			197,680
LIFO reserve	19,864			17,924
Unremitted foreign earnings	4,782			4,178
Catalog marketing	3,474			3,280
Other	39			2,877
Total deferred tax liabilities	225,945			225,939
Net deferred tax liability	181,045			199,553
Less current deferred tax (asset) liability	(3,438		)	4,019
Long-term deferred tax liability	$	184,483		$	195,534

Schedule of unrecognized tax benefits

A reconciliation of the beginning and ending amount of UTBs for the fiscal years is as follows:

	Federal, State and Foreign Tax
(in thousands)	Fiscal 2014		Fiscal 2013			Fiscal 2012
Gross UTB balance at beginning of period	$	8,718	$	8,507		$	8,209
Tax positions related to the current period—gross increases	364		252			298
Tax positions related to the prior periods—gross decreases	—		(41		)	—
Settlements	—		—			—
Lapse of statutes of limitations	—		—			—
Gross UTB balance at end of period	$	9,082	$	8,718		$	8,507