Conns (CONNQ) 10-Q/A 4 Sep 14 2015 Q2 Quarterly report (amended) Financial data

Document_and_Entity_Informatio

Document and Entity Information	6 Months Ended
	Jul. 31, 2014	Aug. 28, 2014
Document and Entity Information [Abstract]	'	'
Entity Registrant Name	'CONNS INC	'
Entity Central Index Key	'0001223389	'
Current Fiscal Year End Date	'--01-31	'
Entity Filer Category	'Large Accelerated Filer	'
Document Type	'10-Q	'
Document Period End Date	31-Jul-14	'
Document Fiscal Year Focus	'2015	'
Document Fiscal Period Focus	'Q2	'
Amendment Flag	'false	'
Entity Common Stock, Shares Outstanding	'	36,254,633
Entity Well-known Seasoned Issuer	'Yes	'
Entity Voluntary Filers	'No	'
Entity Current Reporting Status	'Yes	'

CONSOLIDATED_BALANCE_SHEETS_un

CONSOLIDATED BALANCE SHEETS (unaudited) (USD $)	Jul. 31, 2014	Jan. 31, 2014
In Thousands, unless otherwise specified
Deferred Tax Assets, Net, Current	$26,372	$20,284
Current assets	'	'
Cash and cash equivalents	4,021	5,727
Customer accounts receivable, net of allowance of $46,113 and $38,447, respectively	583,687	527,267
Other accounts receivable	49,993	51,480
Inventories	137,624	120,530
Prepaid expenses and other assets	15,257	10,307
Total current assets	816,954	735,595
Long-term portion of customer accounts receivable, net of allowance of $39,178 and $33,354, respectively	495,904	457,413
Property and equipment, net	112,149	86,842
Deferred income taxes	13,612	7,721
Other assets	10,576	10,415
Total assets	1,449,195	1,297,986
Current Liabilities	'	'
Current portion of long-term debt (includes balance of VIE of $32,307 at January 31, 2013)	401	420
Accounts payable	95,963	82,861
Accrued compensation and related expenses	8,099	11,390
Accrued expenses	32,115	27,944
Income taxes payable	2,380	2,924
Deferred revenues and allowances	19,626	17,068
Total current liabilities	158,584	142,607
Long-term debt	606,980	535,631
Other long-term liabilities	45,299	30,458
Stockholders' equity	'	'
Preferred stock ($0.01 par value, 1,000,000 shares authorized; none issued or outstanding)	0	0
Common stock ($0.01 par value, 100,000,000 and 50,000,000 shares authorized; 36,253,864 and 36,127,569 shares issued at July 31, 2014 and January 31, 2014, respectively)	363	361
Additional paid-in capital	228,477	225,631
Accumulated other comprehensive loss	-25	-100
Retained earnings	409,517	363,398
Total stockholders' equity	638,332	589,290
Total liabilities and stockholders' equity	$1,449,195	$1,297,986

CONSOLIDATED_BALANCE_SHEETS_un1

CONSOLIDATED BALANCE SHEETS (unaudited) (Parenthetical) (USD $)	Jul. 31, 2014	Jan. 31, 2014
In Thousands, except Share data, unless otherwise specified
Assets	'	'
Customer accounts receivable, allowance	$46,113	$38,447
Variable interest entity balance	'	0
Other accounts receivable, allowance	0	0
Prepaid expenses and other assets VIE balance	'	0
Long-term portion of customer accounts receivable, allowance	39,178	33,354
Long-term portion of customer accounts receivable VIE balance	'	0
Liabilities and Stockholders' Equity	'	'
Amount of VIE included in current portion of long-term debt	'	$0
Stockholders' equity	'	'
Preferred stock, par value (in dollars per share)	$0.01	$0.01
Preferred stock, shares authorized (in shares)	1,000,000	1,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$0.01	$0.01
Common stock, shares authorized (in shares)	50,000,000	50,000,000
Common stock, shares issued (in shares)	36,253,864	36,127,569

CONSOLIDATED_STATEMENTS_OF_OPE

CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) (USD $)	3 Months Ended		6 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Jul. 31, 2014	Jul. 31, 2013	Jul. 31, 2014	Jul. 31, 2013
Revenues	'	'	'	'
Product sales	$264,166	$203,463	$518,386	$394,323
Repair service agreement commissions	20,732	17,166	40,986	33,155
Service revenues	3,383	3,083	6,538	5,682
Total net sales	288,281	223,712	565,910	433,160
Finance charges and other	64,683	46,977	122,502	88,592
Total revenues	352,964	270,689	688,412	521,752
Cost and expenses	'	'	'	'
Cost of goods sold, including warehousing and occupancy costs	168,717	136,040	329,499	259,497
Cost of service parts sold, including warehousing and occupancy costs	1,871	1,318	3,290	2,724
Selling, general and administrative expense	107,303	78,757	207,507	152,012
Provision for bad debts	39,585	21,382	61,843	35,319
Charges and credits	1,492	0	3,246	0
Charges and credits	1,492	0	3,246	0
Total cost and expenses	318,968	237,497	605,385	449,552
Operating income	33,996	33,192	83,027	72,200
Interest expense	6,247	3,135	10,971	7,006
Other income, net	0	-32	0	-38
Income before income taxes	27,749	30,089	72,056	65,232
Provision for income taxes	10,099	10,927	25,937	23,894
Net income	$17,650	$19,162	$46,119	$41,338
Earnings per share:	'	'	'	'
Basic (in dollars per share)	$0.49	$0.54	$1.27	$1.16
Diluted (in dollars per share)	$0.48	$0.52	$1.25	$1.13
Average common shares outstanding:	'	'	'	'
Basic (in shares)	36,209	35,777	36,172	35,549
Diluted (in shares)	36,972	36,849	36,951	36,688

CONSOLIDATED_STATEMENTS_OF_COM

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (unaudited) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jul. 31, 2014	Jul. 31, 2013	Jul. 31, 2014	Jul. 31, 2013
Statement of Comprehensive Income [Abstract]	'	'	'	'
Net income	$17,650	$19,162	$46,119	$41,338
Change in fair value of hedges	58	61	116	90
Impact of provision for income taxes on comprehensive income	-21	-22	-41	-32
Comprehensive income	$17,687	$19,201	$46,194	$41,396

CONSOLIDATED_STATEMENTS_OF_STO

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (unaudited) (USD $)	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Other Comprehensive Loss [Member]	Retained Earnings [Member]
In Thousands
Balance at Jan. 31, 2013	$474,450	$352	$204,372	($223)	$269,949
Balance (in shares) at Jan. 31, 2013	'	35,191	'	'	'
Exercise of stock options, net of tax	14,096	7	14,089	'	'
Exercise of stock options, net of tax (in shares)	'	657	'	'	'
Issuance of common stock under Employee Stock Purchase Plan	406	'	406	'	'
Issuance of common stock under Employee Stock Purchase Plan (in shares)	'	15	'	'	'
Vesting of restricted stock units	0	0	'	'	'
Vesting of restricted stock units (in shares)	'	55	'	'	'
Stock-based compensation	1,872	'	1,872	'	'
Net income	41,338	'	'	'	41,338
Change in fair value of hedges, net of tax	58	'	'	58	'
Balance at Jul. 31, 2013	532,220	359	220,739	-165	311,287
Balance (in shares) at Jul. 31, 2013	'	35,918	'	'	'
Balance at Jan. 31, 2014	589,290	361	225,631	-100	363,398
Balance (in shares) at Jan. 31, 2014	'	36,127	'	'	'
Exercise of stock options, net of tax	6	2	4	'	'
Exercise of stock options, net of tax (in shares)	'	52	'	'	'
Issuance of common stock under Employee Stock Purchase Plan	601	'	601	'	'
Issuance of common stock under Employee Stock Purchase Plan (in shares)	'	18	'	'	'
Vesting of restricted stock units	0	0	'	'	'
Vesting of restricted stock units (in shares)	'	57	'	'	'
Stock-based compensation	2,241	'	2,241	'	'
Net income	46,119	'	'	'	46,119
Change in fair value of hedges, net of tax	75	'	'	'	'
Balance at Jul. 31, 2014	$638,332	$363	$228,477	($25)	$409,517
Balance (in shares) at Jul. 31, 2014	'	36,254	'	'	'

CONSOLIDATED_STATEMENTS_OF_STO1

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (unaudited) (Parenthetical) (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Jul. 31, 2014	Jul. 31, 2013
Other comprehensive income (loss):	'	'
Change in fair value of hedges, tax	$41	$32

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Jul. 31, 2014	Jul. 31, 2013
Cash flows from operating activities	'	'
Net income	$46,119	$41,338
Adjustments to reconcile net income to net cash provided by operating activities:	'	'
Depreciation	8,566	5,675
Amortization	2,089	2,237
Provision for bad debts and uncollectible interest	73,552	39,856
Stock-based compensation	2,241	1,872
Excess tax benefits from stock-based compensation	-952	-4,548
Store and facility closure and relocation costs	3,246	0
Benefit for deferred income taxes	-12,019	-1,005
(Gain) loss on sale of property and equipment	23	-38
Change in operating assets and liabilities:	'	'
Customer accounts receivable	-168,463	-129,012
Inventories	-17,094	-16,876
Other assets	116	7,334
Accounts payable	13,102	11,640
Accrued expenses	-1,143	6,392
Income taxes payable	-4,109	-4,329
Deferred revenues and allowances	2,050	276
Net cash used in operating activities	-52,676	-39,188
Cash flows from investing activities	'	'
Purchase of property and equipment	-38,120	-19,310
Proceeds from sale of property and equipment	19,279	47
Net cash used in investing activities	-18,841	-19,263
Cash flows from financing activities	'	'
Borrowings under lines of credit	215,983	181,306
Payments on lines of credit	-389,750	-109,737
Proceeds from issuance of senior notes, net of issuance costs	243,400	0
Payments on asset-backed notes	0	-32,513
Change in restricted cash	0	4,717
Proceeds from stock issued under employee benefit plans	607	14,502
Other	-429	126
Net cash provided by financing activities	69,811	58,401
Net change in cash and cash equivalents	-1,706	-50
Cash and cash equivalents	'	'
Beginning of period	5,727	3,849
End of period	$4,021	$3,799

Summary_of_Significant_Account

Summary of Significant Accounting Policies	6 Months Ended
	Jul. 31, 2014
Accounting Policies [Abstract]	'
Summary of Significant Accounting Policies	'
	Summary of Significant Accounting Policies
	Basis of Presentation. The accompanying unaudited, consolidated financial statements of Conn’s, Inc. and all of its wholly-owned subsidiaries (the “Company”) have been prepared in accordance with accounting principles generally accepted in the United States for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by accounting principles generally accepted in the United States for complete financial statements. The accompanying financial statements reflect all adjustments that are, in the opinion of management, necessary for a fair presentation of the results for the interim periods presented. All such adjustments are of a normal recurring nature, except as otherwise described herein. The Company’s business is moderately seasonal, with a higher portion of sales and operating profit realized during the quarter that ends January 31, due primarily to the holiday selling season. Operating results for the six-month period ended July 31, 2014 are not necessarily indicative of the results that may be expected for the full fiscal year ending January 31, 2015. The financial statements should be read in conjunction with the Company’s audited consolidated financial statements and the notes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year ended January 31, 2014, filed with the Securities and Exchange Commission on March 27, 2014.
	The Company’s balance sheet at January 31, 2014 has been derived from the audited financial statements at that date, but does not include all of the information and footnotes required by accounting principles generally accepted in the United States for a complete financial presentation. Please see the Company’s Annual Report on Form 10-K for a complete presentation of the audited financial statements for the fiscal year ended January 31, 2014, together with all required footnotes, and for a complete presentation and explanation of the components and presentations of the financial statements.
	Principles of Consolidation. The consolidated financial statements include the accounts of Conn’s, Inc. and its wholly-owned subsidiaries. Conn’s, Inc. is a holding company with no independent assets or operations other than its investments in its subsidiaries. All material intercompany transactions and balances have been eliminated in consolidation.
	In April 2012, the Company transferred certain customer receivables to a bankruptcy-remote, variable-interest entity (“VIE”) in connection with a securitization. The VIE, which was consolidated within the accompanying financial statements, issued debt secured by the customer receivables that were transferred to it, which were included in customer accounts receivable and long-term portion of customer accounts receivable. On April 15, 2013, the VIE redeemed the then outstanding asset-backed notes and the remaining customer receivables were transferred back to the Company.
	Use of Estimates. The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates.
	Earnings per Share. Basic earnings per share is calculated by dividing net income by the weighted average number of common shares outstanding. Diluted earnings per share include the dilutive effects of any stock options and restricted stock units granted, to the extent not anti-dilutive, which is calculated using the treasury-stock method. The following table sets forth the shares outstanding for the earnings per share calculations:
		Three Months Ended   July 31,		Six Months Ended   July 31,
	(in thousands)	2014	2013	2014	2013
	Weighted average common shares outstanding - Basic	36,209	35,777	36,172	35,549
	Assumed exercise of stock options	621	859	622	926
	Unvested restricted stock units	142	213	157	213
	Weighted average common shares outstanding - Diluted	36,972	36,849	36,951	36,688
	The weighted average number of stock options and restricted stock units not included in the calculation due to their anti-dilutive effect was 80,000 and 58,000 for the three and six months ended July 31, 2014, respectively. There were no anti-dilutive stock options or restricted stock units for the three and six months ended July 31, 2013.
	Fair Value of Financial Instruments. The fair value of cash and cash equivalents and accounts payable approximate their carrying amounts because of the short maturity of these instruments. The fair value of customer accounts receivables, determined using a discounted cash flow analysis, approximates their carrying amount. The fair value of the Company’s debt approximates carrying value. The Company’s interest rate cap options are presented on the balance sheet at fair value. Fair value of these instruments was determined using Level 2 inputs of the ASC 815 GAAP hierarchy, which are defined as inputs not quoted in active markets, but are either directly or indirectly observable.
	Stockholders' Equity. On May 29, 2014, following approval by its stockholders on May 28, 2014, the Company amended its Certificate of Incorporation to increase the number of authorized shares of common stock, par value of $0.01 per share, from 50,000,000 shares of common stock to 100,000,000 shares of common stock.
	Recent Accounting Pronouncements. In May 2014, the FASB issued Accounting Standards Update ("ASU") 2014-09, which provides a single comprehensive accounting standard for revenue recognition for contracts with customers and supersedes current industry-specific guidance, including ASC 605-35. Upon adoption of ASU 2014-09, entities are required to recognize revenue using the following comprehensive model: (1) identify the contract(s) with a customer, (2) identify the performance obligations in the contract, (3) determine the transaction price, (4) allocate the transaction price to the performance obligations in the contract, and (5) recognize revenue as the entity satisfies each performance obligation. ASU 2014-09 is effective for the Company beginning in the first quarter of fiscal 2018 and will result in retrospective application, either in the form of recasting all prior periods presented or a cumulative adjustment to equity in the period of adoption. The Company is currently assessing the impact that the new standard will have on its financial statements.

Charges_and_Credits

Charges and Credits	6 Months Ended
	Jul. 31, 2014
Charges and Credits [Abstract]	'
Charges and Credits	'
	Charges and Credits
	During the three months ended July 31, 2014, the Company closed one store and incurred lease termination and other costs associated with future store closures. This resulted in a pretax charge of $1.5 million ($1.0 million after-tax). This amount is reported within the retail segment and classified in charges and credits in the consolidated statement of operations.
	During the three months ended April 30, 2014, the Company closed two stores, revised its estimate of future obligations related to other closed stores and relocated certain other facilities. This resulted in a pretax charge of $1.8 million ($1.1 million after-tax). This amount is reported within the retail segment and classified in charges and credits in the consolidated statement of operations.

Supplemental_Disclosure_of_Cus

Supplemental Disclosure of Customer Receivables	6 Months Ended
	Jul. 31, 2014
Receivables [Abstract]	'
Supplemental Disclosure of Customer Receivables	'
	Supplemental Disclosure of Customer Receivables
	Customer accounts receivable are originated at the time of sale and delivery of the various products and services. The Company records the amount of principal and accrued interest on customer receivables that is expected to be collected within the next twelve months, based on contractual terms, in current assets on its consolidated balance sheet. Those amounts expected to be collected after twelve months, based on contractual terms, are included in long-term assets. Customer receivables are considered delinquent if a payment has not been received on the scheduled due date. Accounts that are delinquent more than 209 days as of the end of a month are charged-off against the allowance for doubtful accounts and interest accrued subsequent to the last payment is reversed and charged against the allowance for uncollectible interest.
	As part of its efforts in mitigating losses on its accounts receivable, the Company may make loan modifications to a borrower experiencing financial difficulty. The loan modifications are intended to maximize net cash flow after expenses and avoid the need to repossess collateral or exercise legal remedies available to the Company. The Company may extend the loan term, refinance or otherwise re-age an account. Accounts that have been re-aged in excess of three months or refinanced are considered Troubled Debt Restructurings (“TDR”).
	The Company uses risk-rating criteria to differentiate underwriting requirements, potentially requiring differing down payments, credit limits and initial application and documentation criteria. The following tables present quantitative information about the receivables portfolio managed by the Company, segregated by segment:
		Total Outstanding Balance
		Customer Accounts Receivable						60 Days Past Due(1)						Re-aged(1)
	(in thousands)	July 31,			January 31,			July 31,			January 31,			July 31,			January 31,
		2014			2014			2014			2014			2014			2014
	Customer accounts receivable	$	1,117,243		$	1,022,914		$	87,964		$	82,486		$	80,846		$	75,414
	Restructured accounts (2)	62,071			45,356			14,099			11,917			62,071			45,356
	Total receivables managed	$	1,179,314		$	1,068,270		$	102,063		$	94,403		$	142,917		$	120,770
	Allowance for uncollectible accounts related to the credit portfolio	(85,291		)	(71,801		)
	Allowance for short-term, no-interest option credit programs	(14,432		)	(11,789		)
	Short-term portion of customer accounts receivable, net	(583,687		)	(527,267		)
	Long-term portion of customer accounts receivable, net	$	495,904		$	457,413
	-1	Amounts are based on end of period balances. As an account can become past due after having been re-aged, accounts may be presented in both the past due and re-aged columns shown above. The amounts included within both the past due and re-aged columns shown above as of July 31, 2014 and January 31, 2014 were $33.8 million and $27.4 million, respectively. The total amount of customer receivables past due one day or greater was $282.8 million and $249.3 million as of July 31, 2014 and January 31, 2014, respectively. These amounts include the 60 days past due totals shown above.
	-2	In addition to the amounts included in restructured accounts, there was $1.3 million as of July 31, 2014 and January 31, 2014, respectively, of accounts re-aged four or more months included in the re-aged balance above that did not qualify as TDRs because they were not re-aged subsequent to January 31, 2011.
								Net Credit												Net Credit
		Average Balances						Charge-offs (1)						Average Balances						Charge-offs(1)
		Three Months Ended   July 31,						Three Months Ended   July 31,						Six Months Ended   July 31,						Six Months Ended   July 31,
	(in thousands)	2014			2013			2014			2013			2014			2013			2014		2013
	Customer accounts receivable	$	1,081,196		$	766,718		$	24,822		$	10,818		$	1,057,875		$	741,108		$	42,560	$	19,661
	Restructured accounts	56,694			39,935			3,734			3,358			52,626			39,716			7,188		6,070
	Total receivables managed	$	1,137,890		$	806,653		$	28,556		$	14,176		$	1,110,501		$	780,824		$	49,748	$	25,731
	-1	Charge-offs include the principal amount of losses (excluding accrued and unpaid interest) net of recoveries which include principal collections during the period shown of previously charged-off balances.
	The following presents the activity in the Company’s balance in the allowance for doubtful accounts and uncollectible interest for customer receivables for the six months ended July 31, 2014 and 2013:
		Six Months Ended July 31, 2014									Six Months Ended July 31, 2013
	(in thousands)	Customer									Customer
		Accounts			Restructured						Accounts			Restructured
		Receivable			Accounts			Total			Receivable			Accounts			Total
	Allowance at beginning of period	$	54,448		$	17,353		$	71,801		$	27,702		$	16,209		$	43,911
	Provision(1)	61,317			12,235			73,552			32,526			7,330			39,856
	Principal charge-offs(2)	(49,367		)	(8,338		)	(57,705		)	(21,039		)	(6,496		)	(27,535		)
	Interest charge-offs	(8,824		)	(1,490		)	(10,314		)	(3,447		)	(1,064		)	(4,511		)
	Recoveries(2)	6,807			1,150			7,957			1,378			425			1,803
	Allowance at end of period	$	64,381		$	20,910		$	85,291		$	37,120		$	16,404		$	53,524
	-1	Includes provision for uncollectible interest, which is included in finance charges and other.
	-2	Charge-offs include the principal amount of losses (excluding accrued and unpaid interest), and recoveries include principal collections during the period shown of previously charged-off balances. Net charge-offs are calculated as the net of principal charge-offs and recoveries.
	The Company records an allowance for doubtful accounts, including estimated uncollectible interest, for its customer accounts receivable, based on its historical cash collections and net loss experience using a projection of monthly delinquency performance, cash collections and losses. In addition to pre-charge-off cash collections and charge-off information, estimates of post-charge-off recoveries, including cash payments, amounts realized from the repossession of the products financed and, at times, payments received under credit insurance policies are considered.
	The Company determines reserves for those accounts that are TDRs based on the present value of cash flows expected to be collected over the life of those accounts. The excess of the carrying amount over the discounted cash flow amount is recorded as a reserve for loss on those accounts.
	The Company typically only places accounts in non-accrual status when legally required. Payments received on non-accrual loans are applied to principal and reduce the amount of the loan. Interest accrual is resumed on those accounts once a legally-mandated settlement arrangement is reached or other payment arrangements are made with the customer. Customer receivables in non-accrual status were $13.6 million and $12.2 million at July 31, 2014 and January 31, 2014, respectively. Customer receivables that were past due 90 days or more and still accruing interest totaled $68.7 million and $63.3 million at July 31, 2014 and January 31, 2014, respectively.

Supplemental_Disclosure_of_Fin

Supplemental Disclosure of Finance Charges and Other Revenue	6 Months Ended
	Jul. 31, 2014
Supplemental Disclosure of Finance Charges and Other Revenue [Abstract]	'
Supplemental Disclosure of Finance Charges and Other Revenue	'
	Supplemental Disclosure of Finance Charges and Other Revenue
	The following is a summary of the classification of the amounts included as finance charges and other for the six months ended July 31, 2014 and 2013:
		Three Months Ended   July 31,				Six Months Ended   July 31,
	(in thousands)	2014		2013		2014		2013
	Interest income and fees on customer receivables	$	52,226	$	36,397	$	98,716	$	69,407
	Insurance commissions	12,113		10,289		22,976		18,556
	Other	344		291		810		629
	Finance charges and other	$	64,683	$	46,977	$	122,502	$	88,592
	Interest income and fees on customer receivables is reduced by provisions for uncollectible interest of $6.6 million and $3.1 million, respectively, for the three months ended July 31, 2014 and 2013, and $12.0 million and $5.2 million, respectively, for the six months ended July 31, 2014 and 2013. The amount included in interest income and fees on customer receivables related to TDR accounts was $1.8 million and $0.9 million, respectively, for the three months ended July 31, 2014 and 2013, and $3.1 million and $2.1 million, respectively, for the six months ended July 31, 2014 and 2013. The Company recognizes interest income on TDR accounts using the interest income method, which requires reporting interest income equal to the increase in the net carrying amount of the loan attributable to the passage of time. Cash proceeds and other adjustments are applied to the net carrying amount of TDR accounts such that it always equals the present value of expected future cash flows.

Accrual_for_Store_Closures

Accrual for Store Closures	6 Months Ended
	Jul. 31, 2014
Restructuring and Related Activities [Abstract]	'
Accrual for Store Closures	'
	Accrual for Store Closures
	The Company has closed or relocated retail locations that did not perform at a level the Company expects for mature store locations. Certain of the closed or relocated stores had unexpired leases, resulting in the accrual of the present value of remaining lease obligations and anticipated ancillary occupancy costs, net of estimated sublease income. Revisions to these projections for changes in estimated marketing times and sublease rates are made to the obligation as further information related to the actual terms and costs become available. The estimates were calculated using Level 2 fair value inputs. The following table presents detail of the activity in the accrual for store closures during the six months ended July 31, 2014 and 2013:
		Six Months Ended   July 31,
	(in thousands)	2014			2013
	Balance at beginning of period	$	4,316		$	5,071
	Accrual for closures	3,108			—
	Change in estimate	138			—
	Cash payments	(4,254		)	(1,047		)
	Balance at end of period	$	3,308		$	4,024
	Balance sheet presentation:	July 31,			January 31,
		2014			2014
	Accrued expenses	$	1,181		$	1,957
	Other long-term liabilities	2,127			2,359
		$	3,308		$	4,316

Debt_and_Letters_of_Credit

Debt and Letters of Credit	6 Months Ended
	Jul. 31, 2014
Debt Disclosure [Abstract]	'
Debt and Letters of Credit	'
	Debt and Letters of Credit
	The Company’s long-term debt consisted of the following at the period ended:
	(in thousands)	July 31,		January 31,
		2014		2014
	Asset-based revolving credit facility	$	361,190	$	534,956
	7.25% senior notes, net of discount of $4,948	245,052		—
	Other long-term debt	1,139		1,095
	Total debt	607,381		536,051
	Less current portion of debt	401		420
	Long-term debt	$	606,980	$	535,631
	Senior Notes
	On July 1, 2014, the Company issued $250.0 million in senior unsecured notes due July 2022 (the “Senior Notes”), bearing interest at 7.25%, pursuant to an indenture dated July 1, 2014 (the "Indenture"), among Conn’s, Inc., its subsidiary guarantors (the "Guarantors") and U.S. Bank National Association, as trustee. The Senior Notes were sold at par, and resulted in net proceeds to the Company of $243.4 million, after deducting the initial purchasers’ discounts and commissions and other offering expenses. The net proceeds were used to repay outstanding borrowings under the Company’s asset-based revolving credit facility. The effective interest rate of the Senior Notes after giving effect to offering fees is 7.6%.
	The Indenture restricts the Company's ability and the ability of certain of its subsidiaries to: (i) incur indebtedness; (ii) pay dividends or make other distributions in respect of, or repurchase or redeem, our capital stock; (iii) prepay, redeem or repurchase debt that is junior in right of payment to the notes; (iv) make loans and certain investments; (v) sell assets; (vi) incur liens; (vii) enter into transactions with affiliates; and (viii) consolidate, merge or sell all or substantially all of our assets. These covenants are subject to a number of important exceptions and qualifications. During any time when the Senior Notes are rated investment grade by either of Moody's Investors Service, Inc. or Standard & Poor's Ratings Services and no Default (as defined in the Indenture) has occurred and is continuing, many of such covenants will be suspended and the Company and its subsidiaries will cease to be subject to such covenants during such period.
	Events of default under the Indenture include customary events, such as a cross-acceleration provision in the event that we default in the payment of other debt due at maturity or upon acceleration for default in an amount exceeding $25 million, as well as in the event a judgment is entered against us in excess of $25 million that is not discharged, bonded or insured.
	The Senior Notes are fully and unconditionally guaranteed on a senior unsecured basis by the Guarantors. The only direct or indirect subsidiaries of Conn’s, Inc. that are not Guarantors are minor subsidiaries. There are no restrictions on the ability of any of the Guarantors to transfer funds to Conn’s, Inc. in the form of loans, advances or dividends, except as provided by applicable law.
	In connection with the issuance and sale of the Senior Notes, the Company and the Guarantors entered into a registration rights agreement (the “Registration Rights Agreement”) with the initial purchasers, dated July 1, 2014. Pursuant to the Registration Rights Agreement, the Company and the Guarantors have agreed to file a registration statement with the Securities and Exchange Commission so that holders of the Senior Notes can exchange the Senior Notes for registered notes that have substantially identical terms as the Senior Notes. In addition, the Company and the Guarantors have agreed to exchange the guarantee related to the Senior Notes for a registered guarantee having substantially the same terms as the original guarantee. The Company and the Guarantors will use commercially reasonable efforts to cause the exchange to be completed within 365 days of the issuance of the Senior Notes. The Company and the Guarantors are required to pay additional interest if they fail to comply with their obligations to register the Senior Notes within the specified time periods.
	Revolving Credit Facility
	The Company also amended its asset-based revolving credit facility in connection with the issuance of the Senior Notes, to provide for among other things, the issuance of the Senior Notes and Indenture as well as related guarantees, upstream distributions from subsidiaries to Conn’s, Inc. (a holding company) for the payment of interest and principal on the Senior Notes and under certain circumstances optional and mandatory prepayment of the Senior Notes and allow holders of the Senior Notes to receive payments even though they may be stockholders of the Company.
	The Company’s asset-based revolving credit facility with a syndicate of banks had capacity of $880.0 million as of July 31, 2014. The revolving credit facility provides funding based on a borrowing base calculation that includes customer accounts receivable and inventory. The amended and restated credit facility bears interest at LIBOR plus a spread ranging from 250 basis points to 325 basis points, based on a leverage ratio (defined as total liabilities to tangible net worth). In addition to the leverage ratio, the revolving credit facility includes a fixed charge coverage requirement, a minimum customer receivables cash recovery percentage requirement and a net capital expenditures limit. The asset-based revolving credit facility restricts the amount of dividends the Company can pay and is secured by the assets of the Company not otherwise encumbered.
	As of July 31, 2014, the Company had immediately available borrowing capacity of $395.5 million under its asset-based revolving credit facility, net of standby letters of credit issued, for general corporate purposes. The Company also had $121.6 million that may become available under its asset-based revolving credit facility if it grows the balance of eligible customer receivables and its total eligible inventory balances. The Company pays additional fees in the amount of 25 basis points for the additional commitment amount.
	The Company’s asset-based revolving credit facility provides it the ability to utilize letters of credit to secure its deductibles under the Company’s property and casualty insurance programs, among other acceptable uses. At July 31, 2014, the Company had outstanding letters of credit of $1.7 million under this facility. The maximum potential amount of future payments under these letter of credit facilities is considered to be the aggregate face amount of each letter of credit commitment, which totals $1.7 million as of July 31, 2014.
	The Company was in compliance with its financial covenants at July 31, 2014.

Contingencies

Contingencies	6 Months Ended
	Jul. 31, 2014
Commitments and Contingencies Disclosure [Abstract]	'
Contingencies	'
	Contingencies
	Litigation. Between March 5, 2014 and May 5, 2014, the Company and three of its current executive officers were sued in three purported securities class action lawsuits, each filed in the United States District Court for the Southern District of Texas. Each of the complaints allege that the defendants made false and misleading statements and/or failed to disclose material adverse facts about the Company’s business, operations, and prospects. The complaints allege violations of sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder. The complaints do not specify the amount of damages sought.
	On June 3, 2014, the court consolidated these three complaints into a single, putative class action, In re Conn’s, Inc. Securities Litigation, Master File No. 14:14-CV-00548, and appointed lead plaintiffs. On July 21, 2014, the lead plaintiffs’ filed an amended and consolidated complaint. The deadline for the defendants to respond to the complaint is September 4, 2014. The defendants intend file a motion to dismiss the consolidated complaint and vigorously defend against these claims. It is not possible at this time to predict the timing or outcome of the litigation.
	In addition, the Company is involved in other routine litigation and claims incidental to its business from time to time and, as required, has accrued its estimate of the probable costs for the resolution of these matters, which individually or in the aggregate are not expected to have a material adverse effect on the Company's financial position, results of operations or cash flows. These estimates have been developed in consultation with counsel and are based upon an analysis of potential results, assuming a combination of litigation and settlement strategies. However, the results of these proceedings cannot be predicted with certainty, and changes in facts and circumstances could impact the Company’s estimate of reserves for litigation.

Segment_Reporting

Segment Reporting	6 Months Ended
	Jul. 31, 2014
Segment Reporting [Abstract]	'
Segment Reporting	'
	Segment Reporting
	Financial information by segment is presented in the following tables:
		Three Months Ended July 31, 2014							Three Months Ended July 31, 2013
	(in thousands)	Retail		Credit			Total		Retail			Credit		Total
	Revenues
	Product sales	$	264,166	$	—		$	264,166	$	203,463		$	—	$	203,463
	Repair service agreement commissions	20,732		—			20,732		17,166			—		17,166
	Service revenues	3,383		—			3,383		3,083			—		3,083
	Total net sales	288,281		—			288,281		223,712			—		223,712
	Finance charges and other	343		64,340			64,683		290			46,687		46,977
	Total revenues	288,624		64,340			352,964		224,002			46,687		270,689
	Cost and expenses
	Cost of goods sold, including warehousing and occupancy costs	168,717		—			168,717		136,040			—		136,040
	Cost of service parts sold, including warehousing and occupancy cost	1,871		—			1,871		1,318			—		1,318
	Selling, general and administrative expense(a)	82,336		24,967			107,303		60,910			17,847		78,757
	Provision for bad debts	—		39,585			39,585		72			21,310		21,382
	Charges and credits	1,492		—			1,492		—			—		—
	Total cost and expense	254,416		64,552			318,968		198,340			39,157		237,497
	Operating income (loss)	34,208		(212		)	33,996		25,662			7,530		33,192
	Interest expense	—		6,247			6,247		—			3,135		3,135
	Other income, net	—		—			—		(32		)	—		(32		)
	Income (loss) before income taxes	$	34,208	$	(6,459	)	$	27,749	$	25,694		$	4,395	$	30,089
		As of July 31, 2014							As of January 31, 2014
	(in thousands)	Retail		Credit			Total		Retail			Credit		Total
	Total assets(b)	$	345,017	$	1,104,178		$	1,449,195	$	283,637		$	1,014,349	$	1,297,986
		Six Months Ended July 31, 2014							Six Months Ended July 31, 2013
	(in thousands)	Retail		Credit			Total		Retail			Credit		Total
	Revenues
	Product sales	$	518,386	$	—		$	518,386	$	394,323		$	—	$	394,323
	Repair service agreement commissions	40,986		—			40,986		33,155			—		33,155
	Service revenues	6,538		—			6,538		5,682			—		5,682
	Total net sales	565,910		—			565,910		433,160			—		433,160
	Finance charges and other	809		121,693			122,502		629			87,963		88,592
	Total revenues	566,719		121,693			688,412		433,789			87,963		521,752
	Cost and expenses
	Cost of goods sold, including warehousing and occupancy costs	329,499		—			329,499		259,497			—		259,497
	Cost of service parts sold, including warehousing and occupancy cost	3,290		—			3,290		2,724			—		2,724
	Selling, general and administrative expense(a)	158,666		48,841			207,507		118,420			33,592		152,012
	Provision for bad debts	44		61,799			61,843		186			35,133		35,319
	Charges and credits	3,246		—			3,246		—			—		—
	Total cost and expense	494,745		110,640			605,385		380,827			68,725		449,552
	Operating income	71,974		11,053			83,027		52,962			19,238		72,200
	Interest expense	—		10,971			10,971		—			7,006		7,006
	Other income, net	—		—			—		(38		)	—		(38		)
	Income before income taxes	$	71,974	$	82		$	72,056	$	53,000		$	12,232	$	65,232
	(a)	Selling, general and administrative ("SG&A") expenses include the direct expenses of the retail and credit operations, allocated overhead expenses and a charge to the credit segment to reimburse the retail segment for expenses it incurs related to occupancy, personnel, advertising and other direct costs of the retail segment which benefit the credit operations by sourcing credit customers and collecting payments. The reimbursement received by the retail segment from the credit segment is estimated using an annual rate of 2.5% times the average portfolio balance for each applicable period. The amount of overhead allocated to each segment was $3.0 million and $2.5 million, respectively, for the three months ended July 31, 2014 and 2013, and $5.9 million and $5.1 million, respectively, for the six months ended July 31, 2014 and 2013. The amount of reimbursement made to the retail segment by the credit segment was $7.1 million and $5.0 million, respectively, for the three months ended July 31, 2014 and 2013, and $13.8 million and $9.7 million, respectively, for the six months ended July 31, 2014 and 2013.
	(b)	Retail segment total assets as of July 31, 2014 includes $6.0 million of land, buildings and improvements related to two stores under construction which are subject to a sale and lease back transaction. These related assets will be retired from the Company’s balance sheet upon completion of construction and opening of the stores.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jul. 31, 2014
Accounting Policies [Abstract]	'
Principles of Consolidation	'
	Principles of Consolidation. The consolidated financial statements include the accounts of Conn’s, Inc. and its wholly-owned subsidiaries. Conn’s, Inc. is a holding company with no independent assets or operations other than its investments in its subsidiaries. All material intercompany transactions and balances have been eliminated in consolidation.
	In April 2012, the Company transferred certain customer receivables to a bankruptcy-remote, variable-interest entity (“VIE”) in connection with a securitization. The VIE, which was consolidated within the accompanying financial statements, issued debt secured by the customer receivables that were transferred to it, which were included in customer accounts receivable and long-term portion of customer accounts receivable. On April 15, 2013, the VIE redeemed the then outstanding asset-backed notes and the remaining customer receivables were transferred back to the Company.
Use of Estimates	'
	Use of Estimates. The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates.
Earnings per Share	'
	Earnings per Share. Basic earnings per share is calculated by dividing net income by the weighted average number of common shares outstanding. Diluted earnings per share include the dilutive effects of any stock options and restricted stock units granted, to the extent not anti-dilutive, which is calculated using the treasury-stock method. The following table sets forth the shares outstanding for the earnings per share calculations:
		Three Months Ended   July 31,		Six Months Ended   July 31,
	(in thousands)	2014	2013	2014	2013
	Weighted average common shares outstanding - Basic	36,209	35,777	36,172	35,549
	Assumed exercise of stock options	621	859	622	926
	Unvested restricted stock units	142	213	157	213
	Weighted average common shares outstanding - Diluted	36,972	36,849	36,951	36,688
	The weighted average number of stock options and restricted stock units not included in the calculation due to their anti-dilutive effect was 80,000 and 58,000 for the three and six months ended July 31, 2014, respectively.
Fair Value of Financial Instruments	'
	Fair Value of Financial Instruments. The fair value of cash and cash equivalents and accounts payable approximate their carrying amounts because of the short maturity of these instruments. The fair value of customer accounts receivables, determined using a discounted cash flow analysis, approximates their carrying amount. The fair value of the Company’s debt approximates carrying value. The Company’s interest rate cap options are presented on the balance sheet at fair value. Fair value of these instruments was determined using Level 2 inputs of the ASC 815 GAAP hierarchy, which are defined as inputs not quoted in active markets, but are either directly or indirectly observable.

Summary_of_Significant_Account2

Summary of Significant Accounting Policies (Tables)	6 Months Ended
	Jul. 31, 2014
Accounting Policies [Abstract]	'
Shares outstanding for the earnings per share calculations	'
	Earnings per Share. Basic earnings per share is calculated by dividing net income by the weighted average number of common shares outstanding. Diluted earnings per share include the dilutive effects of any stock options and restricted stock units granted, to the extent not anti-dilutive, which is calculated using the treasury-stock method. The following table sets forth the shares outstanding for the earnings per share calculations:
		Three Months Ended   July 31,		Six Months Ended   July 31,
	(in thousands)	2014	2013	2014	2013
	Weighted average common shares outstanding - Basic	36,209	35,777	36,172	35,549
	Assumed exercise of stock options	621	859	622	926
	Unvested restricted stock units	142	213	157	213
	Weighted average common shares outstanding - Diluted	36,972	36,849	36,951	36,688

Supplemental_Disclosure_of_Cus1

Supplemental Disclosure of Customer Receivables (Tables)	6 Months Ended
	Jul. 31, 2014
Receivables [Abstract]	'
Quantitative information about receivables portfolio	'
	The Company uses risk-rating criteria to differentiate underwriting requirements, potentially requiring differing down payments, credit limits and initial application and documentation criteria. The following tables present quantitative information about the receivables portfolio managed by the Company, segregated by segment:
		Total Outstanding Balance
		Customer Accounts Receivable						60 Days Past Due(1)						Re-aged(1)
	(in thousands)	July 31,			January 31,			July 31,			January 31,			July 31,			January 31,
		2014			2014			2014			2014			2014			2014
	Customer accounts receivable	$	1,117,243		$	1,022,914		$	87,964		$	82,486		$	80,846		$	75,414
	Restructured accounts (2)	62,071			45,356			14,099			11,917			62,071			45,356
	Total receivables managed	$	1,179,314		$	1,068,270		$	102,063		$	94,403		$	142,917		$	120,770
	Allowance for uncollectible accounts related to the credit portfolio	(85,291		)	(71,801		)
	Allowance for short-term, no-interest option credit programs	(14,432		)	(11,789		)
	Short-term portion of customer accounts receivable, net	(583,687		)	(527,267		)
	Long-term portion of customer accounts receivable, net	$	495,904		$	457,413
	-1	Amounts are based on end of period balances. As an account can become past due after having been re-aged, accounts may be presented in both the past due and re-aged columns shown above. The amounts included within both the past due and re-aged columns shown above as of July 31, 2014 and January 31, 2014 were $33.8 million and $27.4 million, respectively. The total amount of customer receivables past due one day or greater was $282.8 million and $249.3 million as of July 31, 2014 and January 31, 2014, respectively. These amounts include the 60 days past due totals shown above.
	-2	In addition to the amounts included in restructured accounts, there was $1.3 million as of July 31, 2014 and January 31, 2014, respectively, of accounts re-aged four or more months included in the re-aged balance above that did not qualify as TDRs because they were not re-aged subsequent to January 31, 2011.
								Net Credit												Net Credit
		Average Balances						Charge-offs (1)						Average Balances						Charge-offs(1)
		Three Months Ended   July 31,						Three Months Ended   July 31,						Six Months Ended   July 31,						Six Months Ended   July 31,
	(in thousands)	2014			2013			2014			2013			2014			2013			2014		2013
	Customer accounts receivable	$	1,081,196		$	766,718		$	24,822		$	10,818		$	1,057,875		$	741,108		$	42,560	$	19,661
	Restructured accounts	56,694			39,935			3,734			3,358			52,626			39,716			7,188		6,070
	Total receivables managed	$	1,137,890		$	806,653		$	28,556		$	14,176		$	1,110,501		$	780,824		$	49,748	$	25,731
	-1	Charge-offs include the principal amount of losses (excluding accrued and unpaid interest) net of recoveries which include principal collections during the period shown of previously charged-off balances.
Allowance for doubtful accounts and uncollectible interest for customer receivables	'
	ollowing presents the activity in the Company’s balance in the allowance for doubtful accounts and uncollectible interest for customer receivables for the six months ended July 31, 2014 and 2013:
		Six Months Ended July 31, 2014									Six Months Ended July 31, 2013
	(in thousands)	Customer									Customer
		Accounts			Restructured						Accounts			Restructured
		Receivable			Accounts			Total			Receivable			Accounts			Total
	Allowance at beginning of period	$	54,448		$	17,353		$	71,801		$	27,702		$	16,209		$	43,911
	Provision(1)	61,317			12,235			73,552			32,526			7,330			39,856
	Principal charge-offs(2)	(49,367		)	(8,338		)	(57,705		)	(21,039		)	(6,496		)	(27,535		)
	Interest charge-offs	(8,824		)	(1,490		)	(10,314		)	(3,447		)	(1,064		)	(4,511		)
	Recoveries(2)	6,807			1,150			7,957			1,378			425			1,803
	Allowance at end of period	$	64,381		$	20,910		$	85,291		$	37,120		$	16,404		$	53,524
	-1	Includes provision for uncollectible interest, which is included in finance charges and other.
	-2	Charge-offs include the principal amount of losses (excluding accrued and unpaid interest), and recoveries include principal collections during the period shown of previously charged-off balances. Net charge-offs are calculated as the net of principal charge-offs and recoveries.

Supplemental_Disclosure_of_Fin1

Supplemental Disclosure of Finance Charges and Other Revenue (Tables)	6 Months Ended
	Jul. 31, 2014
Supplemental Disclosure of Finance Charges and Other Revenue [Abstract]	'
Summary of the classification of the amounts as Finance charges and other	'
	The following is a summary of the classification of the amounts included as finance charges and other for the six months ended July 31, 2014 and 2013:
		Three Months Ended   July 31,				Six Months Ended   July 31,
	(in thousands)	2014		2013		2014		2013
	Interest income and fees on customer receivables	$	52,226	$	36,397	$	98,716	$	69,407
	Insurance commissions	12,113		10,289		22,976		18,556
	Other	344		291		810		629
	Finance charges and other	$	64,683	$	46,977	$	122,502	$	88,592

Accrual_for_Store_Closures_Tab

Accrual for Store Closures (Tables)	6 Months Ended
	Jul. 31, 2014
Restructuring and Related Activities [Abstract]	'
Activity in accrual for store closures	'
	:
		Six Months Ended   July 31,
	(in thousands)	2014			2013
	Balance at beginning of period	$	4,316		$	5,071
	Accrual for closures	3,108			—
	Change in estimate	138			—
	Cash payments	(4,254		)	(1,047		)
	Balance at end of period	$	3,308		$	4,024
	Balance sheet presentation:	July 31,			January 31,
		2014			2014
	Accrued expenses	$	1,181		$	1,957
	Other long-term liabilities	2,127			2,359
		$	3,308		$	4,316

Debt_and_Letters_of_Credit_Tab

Debt and Letters of Credit (Tables)	6 Months Ended
	Jul. 31, 2014
Debt Disclosure [Abstract]	'
Long term debt	'
	The Company’s long-term debt consisted of the following at the period ended:
	(in thousands)	July 31,		January 31,
		2014		2014
	Asset-based revolving credit facility	$	361,190	$	534,956
	7.25% senior notes, net of discount of $4,948	245,052		—
	Other long-term debt	1,139		1,095
	Total debt	607,381		536,051
	Less current portion of debt	401		420
	Long-term debt	$	606,980	$	535,631

Segment_Reporting_Tables

Segment Reporting (Tables)	6 Months Ended
	Jul. 31, 2014
Segment Reporting [Abstract]	'
Financial information by segment	'
	Financial information by segment is presented in the following tables:
		Three Months Ended July 31, 2014							Three Months Ended July 31, 2013
	(in thousands)	Retail		Credit			Total		Retail			Credit		Total
	Revenues
	Product sales	$	264,166	$	—		$	264,166	$	203,463		$	—	$	203,463
	Repair service agreement commissions	20,732		—			20,732		17,166			—		17,166
	Service revenues	3,383		—			3,383		3,083			—		3,083
	Total net sales	288,281		—			288,281		223,712			—		223,712
	Finance charges and other	343		64,340			64,683		290			46,687		46,977
	Total revenues	288,624		64,340			352,964		224,002			46,687		270,689
	Cost and expenses
	Cost of goods sold, including warehousing and occupancy costs	168,717		—			168,717		136,040			—		136,040
	Cost of service parts sold, including warehousing and occupancy cost	1,871		—			1,871		1,318			—		1,318
	Selling, general and administrative expense(a)	82,336		24,967			107,303		60,910			17,847		78,757
	Provision for bad debts	—		39,585			39,585		72			21,310		21,382
	Charges and credits	1,492		—			1,492		—			—		—
	Total cost and expense	254,416		64,552			318,968		198,340			39,157		237,497
	Operating income (loss)	34,208		(212		)	33,996		25,662			7,530		33,192
	Interest expense	—		6,247			6,247		—			3,135		3,135
	Other income, net	—		—			—		(32		)	—		(32		)
	Income (loss) before income taxes	$	34,208	$	(6,459	)	$	27,749	$	25,694		$	4,395	$	30,089
		As of July 31, 2014							As of January 31, 2014
	(in thousands)	Retail		Credit			Total		Retail			Credit		Total
	Total assets(b)	$	345,017	$	1,104,178		$	1,449,195	$	283,637		$	1,014,349	$	1,297,986
		Six Months Ended July 31, 2014							Six Months Ended July 31, 2013
	(in thousands)	Retail		Credit			Total		Retail			Credit		Total
	Revenues
	Product sales	$	518,386	$	—		$	518,386	$	394,323		$	—	$	394,323
	Repair service agreement commissions	40,986		—			40,986		33,155			—		33,155
	Service revenues	6,538		—			6,538		5,682			—		5,682
	Total net sales	565,910		—			565,910		433,160			—		433,160
	Finance charges and other	809		121,693			122,502		629			87,963		88,592
	Total revenues	566,719		121,693			688,412		433,789			87,963		521,752
	Cost and expenses
	Cost of goods sold, including warehousing and occupancy costs	329,499		—			329,499		259,497			—		259,497
	Cost of service parts sold, including warehousing and occupancy cost	3,290		—			3,290		2,724			—		2,724
	Selling, general and administrative expense(a)	158,666		48,841			207,507		118,420			33,592		152,012
	Provision for bad debts	44		61,799			61,843		186			35,133		35,319
	Charges and credits	3,246		—			3,246		—			—		—
	Total cost and expense	494,745		110,640			605,385		380,827			68,725		449,552
	Operating income	71,974		11,053			83,027		52,962			19,238		72,200
	Interest expense	—		10,971			10,971		—			7,006		7,006
	Other income, net	—		—			—		(38		)	—		(38		)
	Income before income taxes	$	71,974	$	82		$	72,056	$	53,000		$	12,232	$	65,232
	(a)	Selling, general and administrative ("SG&A") expenses include the direct expenses of the retail and credit operations, allocated overhead expenses and a charge to the credit segment to reimburse the retail segment for expenses it incurs related to occupancy, personnel, advertising and other direct costs of the retail segment which benefit the credit operations by sourcing credit customers and collecting payments. The reimbursement received by the retail segment from the credit segment is estimated using an annual rate of 2.5% times the average portfolio balance for each applicable period. The amount of overhead allocated to each segment was $3.0 million and $2.5 million, respectively, for the three months ended July 31, 2014 and 2013, and $5.9 million and $5.1 million, respectively, for the six months ended July 31, 2014 and 2013. The amount of reimbursement made to the retail segment by the credit segment was $7.1 million and $5.0 million, respectively, for the three months ended July 31, 2014 and 2013, and $13.8 million and $9.7 million, respectively, for the six months ended July 31, 2014 and 2013.

Summary_of_Significant_Account3

Summary of Significant Accounting Policies (Details) (USD $)	3 Months Ended		6 Months Ended
	Jul. 31, 2014	Jul. 31, 2013	Jul. 31, 2014	Jul. 31, 2013	29-May-14	28-May-14	Jan. 31, 2014
Shares outstanding for earnings (loss) per share calculations [Abstract]	'	'	'	'	'	'	'
Weighted average common shares outstanding - Basic (in shares)	36,209,000	35,777,000	36,172,000	35,549,000	'	'	'
Weighted average common shares outstanding - Diluted (in shares)	36,972,000	36,849,000	36,951,000	36,688,000	'	'	'
Weighted average number of options not included in the calculation of the dilutive effect of stock options and restricted stock units (in shares)	80,000	'	58,000	0	'	'	'
Common stock, par value (in dollars per share)	$0.01	'	$0.01	'	'	'	$0.01
Common stock, shares authorized (in shares)	50,000,000	'	50,000,000	'	100,000,000	50,000,000	50,000,000
Stock Options [Member]	'	'	'	'	'	'	'
Shares outstanding for earnings (loss) per share calculations [Abstract]	'	'	'	'	'	'	'
Common shares attributable to stock options and restricted stock units (in shares)	621,000	859,000	622,000	926,000	'	'	'
Restricted Stock Units [Member]	'	'	'	'	'	'	'
Shares outstanding for earnings (loss) per share calculations [Abstract]	'	'	'	'	'	'	'
Common shares attributable to stock options and restricted stock units (in shares)	142,000	213,000	157,000	213,000	'	'	'

Charges_and_Credits_Details

Charges and Credits (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Jul. 31, 2014	Apr. 30, 2014
	store	store
Charges and Credits [Abstract]	'	'
Number of stores closed	1	2
Store closing and relocation costs	$1,492	$1,754
Store closing and relocation costs after tax	$967	$1,137

Supplemental_Disclosure_of_Cus2

Supplemental Disclosure of Customer Receivables (Details) (USD $)	3 Months Ended		6 Months Ended
	Jul. 31, 2014	Jul. 31, 2013	Jul. 31, 2014	Jul. 31, 2013	Jan. 31, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'	'
Maximum number of days before delinquent accounts are charged off	'	'	'209 days	'	'
Total Outstanding Balance	'	'	'	'	'
Customer Accounts Receivable	$1,179,314,000	'	$1,179,314,000	'	$1,068,270,000
60 Days Past Due	102,063,000	'	102,063,000	'	94,403,000
Reaged	142,917,000	'	142,917,000	'	120,770,000
Allowance for uncollectible accounts related to the credit portfolio	-85,291,000	-53,524,000	-85,291,000	-53,524,000	'
Allowances for promotional credit programs	-14,432,000	'	-14,432,000	'	-11,789,000
Short-term portion of customer accounts receivable, net	-583,687,000	'	-583,687,000	'	-527,267,000
Long-term customer accounts receivable, net	495,904,000	'	495,904,000	'	457,413,000
Average Balances	1,137,890,000	806,653,000	1,110,501,000	780,824,000	'
Net Credit Charge off	28,556,000	14,176,000	49,748,000	25,731,000	'
Amounts included within past due and reaged accounts	33,800,000	'	33,800,000	'	27,400,000
Total amount of customer receivables past due one day or greater	282,800,000	'	282,800,000	'	249,300,000
Accounts receivable reaged for four or more months not qualify as TDRs	1,300,000	'	1,300,000	'	'
Allowance for doubtful accounts and uncollectible interest for customer receivables [Abstract]	'	'	'	'	'
Allowance at beginning of period	'	'	-71,801,000	-43,911,000	'
Provision	'	'	73,552,000	39,856,000	'
Principal charge-offs	'	'	57,705,000	27,535,000	'
Interest charge-offs	'	'	10,314,000	4,511,000	'
Recoveries	'	'	7,957,000	1,803,000	'
Allowance at end of period	-85,291,000	-53,524,000	-85,291,000	-53,524,000	'
Amount of customer receivables carried in non-accrual status	13,600,000	'	13,600,000	'	12,200,000
Number of days past due	'	'	'90 days	'	'
Amount of customer receivables past due 90 days or more and still accruing	68,700,000	'	68,700,000	'	63,300,000
Customer Accounts Receivable [Member]	'	'	'	'	'
Total Outstanding Balance	'	'	'	'	'
Customer Accounts Receivable	1,117,243,000	'	1,117,243,000	'	1,022,914,000
60 Days Past Due	87,964,000	'	87,964,000	'	82,486,000
Reaged	80,846,000	'	80,846,000	'	75,414,000
Allowance for uncollectible accounts related to the credit portfolio	-64,381,000	-37,120,000	-64,381,000	-37,120,000	'
Average Balances	1,081,196,000	766,718,000	1,057,875,000	741,108,000	'
Net Credit Charge off	24,822,000	10,818,000	42,560,000	19,661,000	'
Allowance for doubtful accounts and uncollectible interest for customer receivables [Abstract]	'	'	'	'	'
Allowance at beginning of period	'	'	-54,448,000	-27,702,000	'
Provision	'	'	61,317,000	32,526,000	'
Principal charge-offs	'	'	49,367,000	21,039,000	'
Interest charge-offs	'	'	8,824,000	3,447,000	'
Recoveries	'	'	6,807,000	1,378,000	'
Allowance at end of period	-64,381,000	-37,120,000	-64,381,000	-37,120,000	'
Restructured Accounts [Member]	'	'	'	'	'
Total Outstanding Balance	'	'	'	'	'
Customer Accounts Receivable	62,071,000	'	62,071,000	'	45,356,000
60 Days Past Due	14,099,000	'	14,099,000	'	11,917,000
Reaged	62,071,000	'	62,071,000	'	45,356,000
Allowance for uncollectible accounts related to the credit portfolio	-20,910,000	-16,404,000	-20,910,000	-16,404,000	'
Average Balances	56,694,000	39,935,000	52,626,000	39,716,000	'
Net Credit Charge off	3,734,000	3,358,000	7,188,000	6,070,000	'
Allowance for doubtful accounts and uncollectible interest for customer receivables [Abstract]	'	'	'	'	'
Allowance at beginning of period	'	'	-17,353,000	-16,209,000	'
Provision	'	'	12,235,000	7,330,000	'
Principal charge-offs	'	'	8,338,000	6,496,000	'
Interest charge-offs	'	'	1,490,000	1,064,000	'
Recoveries	'	'	1,150,000	425,000	'
Allowance at end of period	($20,910,000)	($16,404,000)	($20,910,000)	($16,404,000)	'

Supplemental_Disclosure_of_Fin2

Supplemental Disclosure of Finance Charges and Other Revenue (Details) (USD $)	3 Months Ended		6 Months Ended
	Jul. 31, 2014	Jul. 31, 2013	Jul. 31, 2014	Jul. 31, 2013
Summary of the classification of the amounts as Finance charges and other [Abstract]	'	'	'	'
Interest income and fees on customer receivables	$52,226,000	$36,397,000	$98,716,000	$69,407,000
Insurance commissions	12,113,000	10,289,000	22,976,000	18,556,000
Other	344,000	291,000	810,000	629,000
Finance charges and other	64,683,000	46,977,000	122,502,000	88,592,000
Provisions for uncollectible interest	6,600,000	3,100,000	12,000,000	5,200,000
Interest income and fees on customer receivables related to TDR accounts	$1,800,000	$900,000	$3,100,000	$2,100,000

Accrual_for_Store_Closures_Det

Accrual for Store Closures (Details) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jul. 31, 2014	Jul. 31, 2013	Jul. 31, 2014	Jul. 31, 2013	Jan. 31, 2014
Charges and credits	$1,492	$0	$3,246	$0	'
Detail of activity in the accrual for store closures [Abstract]	'	'	'	'	'
Balance at beginning of period	'	'	4,316	5,071	'
Accrual for closures	'	'	3,108	0	'
Change in estimate	'	'	138	0	'
Cash payments	'	'	4,254	1,047	'
Balance at end of period	3,308	4,024	3,308	4,024	'
Balance sheet presentation [Abstract]	'	'	'	'	'
Accrued expenses	1,181	'	1,181	'	1,957
Other long-term liabilities	2,127	'	2,127	'	2,359
Restructuring Reserve, Total	$3,308	$4,024	$3,308	$4,024	'

Debt_and_Letters_of_Credit_Det

Debt and Letters of Credit (Details) (USD $)

3 Months Ended

6 Months Ended

6 Months Ended

0 Months Ended

0 Months Ended

6 Months Ended

Jul. 31, 2014

Jul. 31, 2013

Jul. 31, 2014

Jul. 31, 2013

Jan. 31, 2014

Jul. 31, 2014

Jul. 31, 2014

Nov. 25, 2013

Jul. 31, 2014

Jan. 31, 2014

Jul. 01, 2014

Jul. 31, 2014

Jul. 01, 2014

Jan. 31, 2014

Jul. 31, 2014

Jan. 31, 2014

Minimum [Member]

Maximum [Member]

Asset-based Revolving Credit Facility [Member]

Asset-based Revolving Credit Facility [Member]

Asset-based Revolving Credit Facility [Member]

Senior Notes [Member]

Senior Notes [Member]

Senior Notes [Member]

Senior Notes [Member]

Other Long Term Debt [Member]

Other Long Term Debt [Member]

Long-term debt [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Long-term Debt

$607,381,000

'

$607,381,000

'

$536,051,000

'

'

'

$361,190,000

$534,956,000

'

$245,052,000

'

$0

$1,139,000

$1,095,000

Less current portion of debt

401,000

'

401,000

'

420,000

'

'

'

'

'

'

'

'

'

'

'

Long-term debt

606,980,000

'

606,980,000

'

535,631,000

'

'

'

'

'

'

'

'

'

'

'

Debt discount

'

'

'

'

'

'

'

'

'

'

'

4,948,000

'

'

'

'

Maximum capacity extended under credit facility

'

'

'

'

'

'

'

'

880,000,000

'

'

'

'

'

'

'

Debt instrument, description of variable rate basis

'

'

'

'

'

'

'

'LIBOR

'

'

'

'

'

'

'

'

Variable interest spread at LIBOR under credit facility

'

'

0.25%

'

'

2.50%

3.25%

'

'

'

'

'

'

'

'

'

Amount of notes issued

'

'

'

'

'

'

'

'

'

'

'

'

250,000,000

'

'

'

Interest rate on notes (in hundredths)

'

'

'

'

'

'

'

'

'

'

'

'

7.25%

'

'

'

Proceeds from issuance of senior notes, net of issuance costs

'

'

243,400,000

0

'

'

'

'

'

'

243,400,000

'

'

'

'

'

Effective interest rate

'

'

'

'

'

'

'

'

'

'

'

'

7.60%

'

'

'

Events of default, acceleration for default, minimum amount

'

'

'

'

'

'

'

'

'

'

'

25,000,000

'

'

'

'

Events of default, judgment, minimum amount that is not discharged, bonded, or insured

'

'

'

'

'

'

'

'

'

'

'

25,000,000

'

'

'

'

Registration rights agreements, exchange of senior notes, period after issuance

'

'

'

'

'

'

'

'

'

'

'

'365 days

'

'

'

'

Amount available under asset based revolving credit facility

'

'

'

'

'

'

'

'

395,500,000

'

'

'

'

'

'

'

Amount available under asset based revolving credit facility based on balances

'

'

'

'

'

'

'

'

121,600,000

'

'

'

'

'

'

'

Interest expense

6,247,000

3,135,000

10,971,000

7,006,000

'

'

'

'

'

'

'

'

'

'

'

'

Outstanding letters of credit

'

'

'

'

'

'

'

'

1,700,000

'

'

'

'

'

'

'

Maximum potential amount of future payments under letters of credit

'

'

'

'

'

'

'

'

$1,700,000

'

'

'

'

'

'

'

Segment_Reporting_Details

Segment Reporting (Details) (USD $)	3 Months Ended		6 Months Ended
	Jul. 31, 2014	Jul. 31, 2013	Jul. 31, 2014	Jul. 31, 2013	Jan. 31, 2014
			store
Revenues [Abstract]	'	'	'	'	'
Product sales	$264,166,000	$203,463,000	$518,386,000	$394,323,000	'
Repair service agreement commissions	20,732,000	17,166,000	40,986,000	33,155,000	'
Service revenues	3,383,000	3,083,000	6,538,000	5,682,000	'
Total net sales	288,281,000	223,712,000	565,910,000	433,160,000	'
Finance charges and other	64,683,000	46,977,000	122,502,000	88,592,000	'
Revenues	352,964,000	270,689,000	688,412,000	521,752,000	'
Cost and expenses	'	'	'	'	'
Cost of goods sold, including warehousing and occupancy costs	168,717,000	136,040,000	329,499,000	259,497,000	'
Cost of service parts sold, including warehousing and occupancy costs	1,871,000	1,318,000	3,290,000	2,724,000	'
Selling, general and administrative expense	107,303,000	78,757,000	207,507,000	152,012,000	'
Provision for bad debts	39,585,000	21,382,000	61,843,000	35,319,000	'
Charges and credits	1,492,000	0	3,246,000	0	'
Total cost and expenses	318,968,000	237,497,000	605,385,000	449,552,000	'
Operating income	33,996,000	33,192,000	83,027,000	72,200,000	'
Interest expense	6,247,000	3,135,000	10,971,000	7,006,000	'
Other income, net	0	-32,000	0	-38,000	'
Income before income taxes	27,749,000	30,089,000	72,056,000	65,232,000	'
Assets	1,449,195,000	'	1,449,195,000	'	1,297,986,000
Estimated annual rate of reimbursement (in hundredths)	'	'	2.50%	'	'
Allocation of overhead by operating segments	3,000,000	2,500,000	5,900,000	5,100,000	'
Amount of reimbursement made by operating segments	7,100,000	5,000,000	13,800,000	9,700,000	'
Number of stores under construction	'	'	2	'	'
Retail [Member]	'	'	'	'	'
Revenues [Abstract]	'	'	'	'	'
Product sales	264,166,000	203,463,000	518,386,000	394,323,000	'
Repair service agreement commissions	20,732,000	17,166,000	40,986,000	33,155,000	'
Service revenues	3,383,000	3,083,000	6,538,000	5,682,000	'
Total net sales	288,281,000	223,712,000	565,910,000	433,160,000	'
Finance charges and other	343,000	290,000	809,000	629,000	'
Revenues	288,624,000	224,002,000	566,719,000	433,789,000	'
Cost and expenses	'	'	'	'	'
Cost of goods sold, including warehousing and occupancy costs	168,717,000	136,040,000	329,499,000	259,497,000	'
Cost of service parts sold, including warehousing and occupancy costs	1,871,000	1,318,000	3,290,000	2,724,000	'
Selling, general and administrative expense	82,336,000	60,910,000	158,666,000	118,420,000	'
Provision for bad debts	0	72,000	44,000	186,000	'
Charges and credits	1,492,000	0	3,246,000	0	'
Total cost and expenses	254,416,000	198,340,000	494,745,000	380,827,000	'
Operating income	34,208,000	25,662,000	71,974,000	52,962,000	'
Other income, net	0	-32,000	'	-38,000	'
Income before income taxes	34,208,000	25,694,000	71,974,000	53,000,000	'
Assets	345,017,000	'	345,017,000	'	283,637,000
Land, buildings, and improvements related to stores under construction	6,000,000	'	6,000,000	'	'
Credit [Member]	'	'	'	'	'
Revenues [Abstract]	'	'	'	'	'
Finance charges and other	64,340,000	46,687,000	121,693,000	87,963,000	'
Revenues	64,340,000	46,687,000	121,693,000	87,963,000	'
Cost and expenses	'	'	'	'	'
Selling, general and administrative expense	24,967,000	17,847,000	48,841,000	33,592,000	'
Provision for bad debts	39,585,000	21,310,000	61,799,000	35,133,000	'
Total cost and expenses	64,552,000	39,157,000	110,640,000	68,725,000	'
Operating income	-212,000	7,530,000	11,053,000	19,238,000	'
Interest expense	6,247,000	3,135,000	10,971,000	7,006,000	'
Income before income taxes	-6,459,000	4,395,000	82,000	12,232,000	'
Assets	$1,104,178,000	'	$1,104,178,000	'	$1,014,349,000