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Income Taxes (Tables)
12 Months Ended
Jan. 30, 2016
Income Tax Disclosure [Abstract]  
Schedule of Income Tax Provision
The income tax provision consisted of the following:
 
 
Fiscal 2015
 
Fiscal 2014
 
Fiscal 2013
 
 
 
 
 
 
 
(in thousands)
Current:
 
 
 
 
 
Federal
$
15,622

 
$
53,985

 
$
58,000

Foreign
210

 
124

 
12

State
1,683

 
7,152

 
7,557

Deferred:
 
 
 
 
 
Federal
(25,004
)
 
(6,550
)
 
8,479

State
(9,411
)
 
(2,911
)
 
1,752

Total income tax (benefit) provision
$
(16,900
)
 
$
51,800

 
$
75,800

Schedule of Effective Income Tax Rate Reconciliation
A reconciliation between the statutory federal income tax rate and the effective income tax rate follows:
 
 
Fiscal 2015
 
Fiscal 2014
 
Fiscal 2013
Federal income tax rate
35.0
 %
 
35.0
 %
 
35.0
 %
State income tax, net of federal tax benefit
4.3

 
1.9

 
3.0

Goodwill impairment
(124.2
)
 
8.4

 
18.0

Outside basis difference - Boston Proper sale
165.2

 

 

Other state benefits associated with sale and liquidation of Boston Proper
20.1

 

 

Enhanced charitable contribution
19.3

 
(2.5
)
 
(1.8
)
Executive compensation limitation
(7.3
)
 
1.3

 
0.7

Foreign losses with full valuation allowance
(2.9
)
 
1.0

 

Federal tax credits
3.4

 
(0.7
)
 
(0.7
)
Other items, net
0.4

 
0.1

 
(0.7
)
Total
113.3
 %
 
44.5
 %
 
53.5
 %
Schedule of Deferred Tax Assets and Liabilities
These differences consist of the following as of January 30, 2016 and January 31, 2015:

 
January 30, 2016
 
January 31, 2015
 
 
 
 
 
(in thousands)
Deferred tax assets:
 
 
 
Accrued liabilities and allowances
$
13,416

 
$
12,560

Accrued straight-line rent
19,716

 
19,034

Stock-based compensation
12,945

 
17,971

Property related
6,270

 
4,390

Charitable contribution limitation carryfowards
5,720

 

State tax credits and net operating loss carryforwards
5,384

 
1,575

Other
4,675

 
5,340

Total deferred tax assets
68,126

 
60,870

Valuation allowance
(911
)
 
(913
)
Net deferred tax assets
67,215

 
59,957

 
 
 
 
Deferred tax liabilities:
 
 
 
Other
(1,249
)
 
(1,611
)
Prepaid expenses
(4,099
)
 
(4,649
)
Property related
(50,601
)
 
(48,802
)
Other intangible assets
(23,200
)
 
(48,981
)
Total deferred tax liabilities
(79,149
)
 
(104,043
)
Net deferred
$
(11,934
)
 
$
(44,086
)
Schedule of Uncertain Tax Positions Reconciliation
A reconciliation of the beginning and ending amounts of uncertain tax positions for each of fiscal 2015, fiscal 2014 and fiscal 2013 is as follows:
 
 
Fiscal 2015
 
Fiscal 2014
 
Fiscal 2013
 
 
 
 
 
 
 
(in thousands)
Balance at beginning of year
$
2,532

 
$
3,956

 
$
4,715

Additions for tax positions of prior years
2,618

 
757

 
12

Reductions for tax positions of prior years
(56
)
 
(736
)
 

Additions for tax positions for the current year
259

 
390

 
461

Settlements with tax authorities

 
(1,501
)
 
(1,114
)
Reductions due to lapse of applicable statutes of limitation
(513
)
 
(334
)
 
(118
)
Balance at end of year
$
4,840

 
$
2,532

 
$
3,956