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Income Taxes (Tables)
 12 Months Ended
Feb. 01, 2020
Income Tax Disclosure [Abstract]  
Schedule of Income Tax Provision
The income tax provision consisted of the following:
 
 
Fiscal 2019
 
Fiscal 2018
 
Fiscal 2017
 
 
 
 
 
 
 
(in thousands)
Current:
 
 
 
 
 
Federal
$
4,593

 
$
5,903

 
$
39,376

State
(261
)
 
3,378

 
4,877

Foreign
315

 
282

 
266

Total
4,647

 
9,563

 
44,519

Deferred:
 
 
 
 
 
Federal
(4,392
)
 
(1,949
)
 
(3,669
)
State
545

 
86

 
1,750

Total
(3,847
)
 
(1,863
)
 
(1,919
)
Income tax provision
$
800

 
$
7,700

 
$
42,600
Schedule of Effective Income Tax Rate Reconciliation
A reconciliation between the statutory federal income tax rate and the effective income tax rate follows:
 
 
Fiscal 2019 (1)
 
Fiscal 2018
 
Fiscal 2017
Federal income tax rate (blended rate for fiscal 2017 due to the Tax Act)
21.0
 %
 
21.0
 %
 
33.8
 %
State income tax, net of federal tax benefit
(1.4
)
 
5.7

 
3.2

Impact of the Tax Act
—

 
(11.2
)
 
(5.6
)
Excess share-based compensation
(19.3
)
 
3.2

 
0.9

Provision-to-tax return adjustments
(8.9
)
 
—

 
(0.6
)
Valuation allowance on charitable carryover expirations
(4.9
)
 
—

 
—

Enhanced charitable contribution
—

 
(3.0
)
 
(1.1
)
Executive compensation limitations
(3.8
)
 
2.1

 
0.7

Foreign losses with full valuation allowance
(3.8
)
 
1.1

 
0.1

Federal tax credits
6.0

 
(1.1
)
 
(1.2
)
Changes in uncertain tax positions
4.2

 
(0.1
)
 
(0.5
)
Other items, net
4.2

 
0.1

 
—

Total
(6.7
)%
 
17.8
 %
 
29.7
 %

(1) Given the low level of pre-tax income in absolute dollars in fiscal 2019, effective tax rate reconciling items that may have been considered de minimis in prior years in terms of absolute dollars and on a percentage basis are amplified on a percentage basis in the current year even though the absolute dollar value of the reconciling items are similar to prior year. As such, comparability of information disclosed for fiscal 2019 in comparison to fiscal 2018 and fiscal 2017 may be difficult as a result of the amplifying effect of the lower level of pre-tax income.
Schedule of Deferred Tax Assets and Liabilities These differences consist of the following as of February 1, 2020 and February 2, 2019:

 
February 1, 2020
 
February 2, 2019
 
 
 
 
 
(in thousands)
Deferred tax assets:
 
 
 
Operating lease liabilities
$
192,392

 
$
—

Accrued liabilities and allowances
15,335

 
10,984

Accrued straight-line rent
—

 
12,302

Share-based compensation
3,557

 
5,936

Property related
379

 
1,881

Charitable contribution limitation carryforwards
1,400

 
4,400

Tax credits and net operating loss carryforwards
6,227

 
5,337

Other
1,909

 
2,681

Total deferred tax assets
221,199

 
43,521

Valuation allowance
(2,162
)
 
(1,111
)
Net deferred tax assets
219,037

 
42,410

 
 
 
 
Deferred tax liabilities:
 
 
 
Operating lease assets
(169,900
)
 
—

Inventories
(2,785
)
 
—

Prepaid and other expenses
(1,603
)
 
(1,760
)
Property related
(26,628
)
 
(26,733
)
Other intangible assets
(17,827
)
 
(17,416
)
Total deferred tax liabilities
(218,743
)
 
(45,909
)
Net deferred taxes
$
294

 
$
(3,499
)
Schedule of Uncertain Tax Positions Reconciliation
A reconciliation of the beginning and ending amounts of uncertain tax positions for each of fiscal 2019, fiscal 2018 and fiscal 2017 is as follows:
 
 
Fiscal 2019
 
Fiscal 2018
 
Fiscal 2017
 
 
 
 
 
 
 
(in thousands)
Balance at beginning of year
$
1,505

 
$
1,522

 
$
5,158

Additions for tax positions of prior years
82

 
117

 
—

Reductions for tax positions of prior years
(45
)
 
(24
)
 
(105
)
(Reductions) additions for tax positions for the current year
—

 
87

 
289

Settlements/payments with tax authorities
(538
)
 
(197
)
 
(3,667
)
Reductions due to lapse of applicable statutes of limitation
(257
)
 
—

 
(153
)
Balance at end of year
$
747

 
$
1,505

 
$
1,522