Income Taxes (Tables)

12 Months Ended

Jan. 29, 2016

Income Tax Disclosure [Abstract]

Schedule of income before income taxes

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

(in thousands)	Fiscal 2015			Fiscal 2014		Fiscal 2013
(Loss) income before income taxes:
United States	$	(31,206	)	$	114,772	$	117,318
Foreign	1,967			5,785		11,073
Total (loss) income before income taxes	$	(29,239	)	$	120,557	$	128,391

Schedule of components of the provision for income taxes

The components of the (benefit from) provision for income taxes are as follows:

(in thousands)	Fiscal 2015			Fiscal 2014		Fiscal 2013
United States	$	(9,737	)	$	44,503	$	46,272
Foreign	46			2,255		3,272
Total (benefit) provision	$	(9,691	)	$	46,758	$	49,544

(in thousands)	Fiscal 2015			Fiscal 2014		Fiscal 2013
Current:
Federal	$	10,524		$	20,902	$	46,355
State	2,409			6,361		5,631
Foreign	46			1,950		2,519
Total current	12,979			29,213		54,505
Deferred:
Federal	(20,956		)	14,579		(4,238		)
State	(1,714		)	2,661		(426		)
Foreign	—			305		(297		)
Total deferred	(22,670		)	17,545		(4,961		)
Total (benefit) provision	$	(9,691	)	$	46,758	$	49,544

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 2015		Fiscal 2014		Fiscal 2013
Tax at statutory federal tax rate	35.0	%	35.0	%	35.0	%
State income taxes, net of federal tax benefit	(1.6	)%	2.9	%	2.6	%
Other, net	(0.3	)%	0.9	%	1.0	%
Total	33.1	%	38.8	%	38.6	%

Summary of deferred tax assets and liabilities

Deferred tax assets and liabilities consisted of the following:

(in thousands)	January 29, 2016		January 30, 2015
Deferred tax assets:
Deferred revenue	$	5,349	$	7,894
Credit carryforwards	—		5,964
Product recall and other reserves	1,839		5,253
Deferred compensation	3,199		4,823
Reserve for returns	4,911		4,695
Inventory	4,231		4,822
Currency translation adjustment - foreign subsidiaries	5,053		3,931
Other	6,935		7,518
Total deferred tax assets	31,517		44,900
Deferred tax liabilities:
Intangible assets	161,503		197,786
LIFO reserve	20,153		19,864
Unremitted foreign earnings	5,722		4,782
Catalog marketing	1,390		3,474
Other	—		39
Total deferred tax liabilities	188,768		225,945
Net deferred tax liability	$	157,251	$	181,045

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 2015			Fiscal 2014		Fiscal 2013
Gross UTB balance at beginning of period	$	9,082		$	8,718	$	8,507
Tax positions related to the current period—gross increases	116			364		252
Tax positions related to the prior periods—gross decreases	(697		)	—		(41		)
Settlements	(190		)	—		—
Gross UTB balance at end of period	$	8,311		$	9,082	$	8,718