Basis of Presentation and Summary of Significant Accounting Policies (Tables)

3 Months Ended

May 05, 2018

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Effects of Newly Adopted Accounting Standards

The following table presents the effects of the aforementioned adopted accounting standards on our February 3, 2018 condensed consolidated balance sheet:

	February 3, 2018 (As Reported)			ASU 2018-02			ASU 2016-16			ASU 2016-01		ASU 2014-09			February 3, 2018 (As Adjusted)
ASSETS
Inventories	$	233,726		$	—		$	—		$	—	$	(824	)	$	232,902
Prepaid expenses and other current assets	60,668			—			(500		)	—		5,389			65,557
Other assets, net	16,338			—			(5,206		)	—		—			11,132
LIABILITIES AND SHAREHOLDERS’ EQUITY
Other current and deferred liabilities	$	133,715		$	—		$	—		$	—	$	3,677		$	137,392
Deferred taxes	7,372			—			—			—		236			7,608
Retained earnings	599,810			39			(5,706		)	—		652			594,795
Accumulated other comprehensive loss	(44		)	(39		)	—			—		—			(83		)

Had the Company not adopted the provisions of ASU 2014-09, the effects of adoption of this standard on our unaudited condensed consolidated statement of income for the thirteen weeks ended May 5, 2018 and unaudited condensed consolidated balance sheet as of May 5, 2018 were as follows:

	May 5, 2018
	As Reported		Effects of Standard			Balances Without Adoption of ASU 2014-09
Sales	$	561,815	$	(6,662	)	$	555,153
Cost of Goods Sold	334,947		(2,865		)	332,082
Selling, general and administrative expenses	186,419		(2,196		)	184,223

	May 5, 2018
	As Reported		Effects of Standard			Balances Without Adoption of ASU 2014-09
ASSETS
Inventory	$	253,777	$	2,453		$	256,230
Prepaid expenses and other current assets	53,494		(2,304		)	51,190
LIABILITIES AND SHAREHOLDER'S EQUITY
Other current and deferred liabilities	$	145,893	$	1,750		$	147,643