Designer Brands (DBI) 10-Q 25 May 17 2017 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Apr. 29, 2017	May 19, 2017
Class of Stock [Line Items]
Entity Registrant Name	DSW Inc.
Entity Central Index Key	1,319,947
Current Fiscal Year End Date	--02-03
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Apr. 29, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q1
Amendment Flag	false
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Class A Common Shares
Class of Stock [Line Items]
Entity Common Stock, Shares Outstanding		72,534,882
Class B Common Shares
Class of Stock [Line Items]
Entity Common Stock, Shares Outstanding		7,732,807

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Apr. 29, 2017	Apr. 30, 2016
Net sales	$ 691,102	$ 681,267
Cost of sales	(495,873)	(476,910)
Operating expenses	(153,264)	(154,196)
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability	(1,084)	(1,445)
Operating profit	40,881	48,716
Interest expense	(47)	(49)
Interest income	608	570
Interest income, net	561	521
Nonoperating Income (Expense)	(1,504)	164
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest	39,938	49,401
Income tax provision	(15,665)	(19,078)
Loss from Town Shoes	(1,306)	(309)
Net income	$ 22,967	$ 30,014
Basic and diluted earnings (loss) per share [Abstract]:
Basic earnings per share	$ 0.29	$ 0.37
Diluted earnings per share	$ 0.28	$ 0.36
Shares used in per share calculations [Abstract]:
Basic shares	80,217	81,953
Diluted shares	80,732	82,705

Condensed Consolidated Comprehe

Condensed Consolidated Comprehensive Income Statement - USD ($) $ in Thousands	3 Months Ended
	Apr. 29, 2017	Apr. 30, 2016
Statement of Comprehensive Income [Abstract]
Net income	$ 22,967	$ 30,014
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Gain (Loss) Arising During Period, Net of Tax	(4,120)	12,149
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax	56	126
Reclassification from AOCI, Current Period, Net of Tax, Attributable to Parent	1,580	0
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent	(2,484)	12,275
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	$ 20,483	$ 42,289

Condensed Consolidated Compreh4

Condensed Consolidated Comprehensive Income Statement Of Other Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Apr. 29, 2017	Apr. 30, 2016
Statement of Comprehensive Income (Parenthetical) [Abstract]
Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, Tax	$ (55)	$ 117
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI for Sale of Securities, Tax	$ 65	$ 0

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Apr. 29, 2017	Jan. 28, 2017	Apr. 30, 2016
Assets [Abstract]:
Cash and cash equivalents	$ 79,673	$ 110,657	$ 59,462
Short-term investments	174,193	98,530	97,612
Accounts receivable	15,545	18,456	15,239
Accounts receivable from related parties	1,320	550	58
Inventories	575,171	499,995	563,317
Prepaid expenses and other current assets	36,226	31,074	32,165
Prepaid expenses to related parties	4	4	1
Total current assets	882,132	759,266	767,854
Property and equipment, net	374,320	375,251	373,979
Long-term investments	0	77,904	80,456
Goodwill	79,689	79,689	80,684
Deferred income taxes	16,287	14,934	21,217
Prepaid expenses to related parties, non-current	741	768	848
Equity Method Investments	13,705	15,830	18,389
Notes Receivable, Related Parties, Noncurrent	52,928	53,121	50,618
Intangible Assets, Net (Excluding Goodwill)	34,044	35,108	40,614
Other assets	17,618	16,605	22,331
Total assets	1,471,464	1,428,476	1,456,990
Liabilities and Shareholders' equity [Abstract]:
Accounts payable	212,821	185,497	196,698
Accounts payable to related parties	790	774	821
Accrued expenses	135,758	130,334	125,766
Total current liabilities	349,369	316,605	323,285
Non-current liabilities	142,519	141,179	142,693
Business Combination, Contingent Consideration, Liability	34,288	33,204	57,445
Liabilities	526,176	490,988	523,423
Commitments and Contingencies	0	0	0
Shareholders’ equity [Abstract]:
Common Stock, Value, Issued	949,645	946,351	932,702
Preferred shares, no par value; 100,000 authorized; no shares issued or outstanding	0	0	0
Treasury Stock, Value	(316,531)	(316,531)	(266,531)
Retained earnings	353,592	346,602	300,817
Basis Difference Related to Acquisition of Commonly Controlled Entity	(24,993)	(24,993)	(24,993)
Accumulated other comprehensive loss	(16,425)	(13,941)	(8,428)
Total shareholders' equity	945,288	937,488	933,567
Total liabilities and shareholders' equity	$ 1,471,464	$ 1,428,476	$ 1,456,990

Condensed Consolidated Balance6

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares shares in Thousands, $ / shares in Thousands	Apr. 29, 2017	Jan. 28, 2017	Apr. 30, 2016
Shareholders' equity [Abstract]:
Preferred Shares, par value (in dollars per share)	$ 0	$ 0	$ 0
Preferred Shares, authorized (in shares)	100,000	100,000	100,000
Preferred Shares, issued (in shares)	0	0	0
Preferred Shares, outstanding (in shares)	0	0	0
Class A Common Shares
Shareholders' equity [Abstract]:
Common Shares, par value (in dollars per share)	$ 0	$ 0	$ 0
Common Shares, authorized (in shares)	250,000	250,000	250,000
Common Shares, issued (in shares)	85,126	85,038	84,493
Common Shares, outstanding (in shares)	72,535	72,447	74,282
Class B Common Shares
Shareholders' equity [Abstract]:
Common Shares, par value (in dollars per share)	$ 0	$ 0	$ 0
Common Shares, authorized (in shares)	100,000	100,000	100,000
Common Shares, issued (in shares)	7,733	7,733	7,733
Common Shares, outstanding (in shares)	7,733	7,733	7,733
Treasury Stock [Member]
Shareholders' equity [Abstract]:
Treasury Stock, Shares	12,591	12,591	10,211

Condensed Consolidated Stateme7

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Apr. 29, 2017	Apr. 30, 2016
Cash flows from operating activities:
Net income	$ 22,967	$ 30,014
Adjustments to reconcile net income (loss) to net cash and equivalents provided by operating activities from continuing operations:
Depreciation and amortization	20,872	19,753
Share-based Compensation	3,609	3,657
Deferred income taxes	(1,232)	598
Loss from Town Shoes	1,306	309
Accretion Expense	1,084	1,445
Loss on disposal of long-lived assets	63	160
Foreign Currency Transaction Gain (Loss), before Tax	1,462	0
Investment Income, Net, Amortization of Discount and Premium	133	536
Change in working capital, other assets and liabilities:
Accounts receivable	2,141	1,790
Inventories	(75,176)	(48,929)
Prepaid expenses and other current assets	(6,833)	5,886
Accounts payable	26,786	(18,653)
Accrued expenses	4,428	13,742
Other	5,708	(494)
Net Cash Provided by (Used in) Operating Activities	7,318	9,814
Cash flows from investing activities:
Cash paid for property and equipment	(18,314)	(26,039)
Purchases of available-for-sale investments	(54,700)	(24,024)
Sales of available-for-sale investments	54,036	151,793
Origination of Notes Receivable from Related Parties	(5,689)	(6,641)
Payments to Acquire Businesses, Net of Cash Acquired	0	(60,411)
Net Cash Provided by (Used in) Investing Activities	(24,667)	34,678
Cash flows from financing activities:
Proceeds from exercise of stock options	328	243
Proceeds from (Payments for) Other Financing Activities	898	0
Payments Related to Tax Withholding for Share-based Compensation	(643)	(1,042)
Dividends paid	(15,977)	(16,337)
Net Cash Provided by (Used in) Financing Activities, Continuing Operations	(15,394)	(17,136)
Net increase (decrease) in cash, cash equivalents, and restricted cash	(32,743)	27,356
Cash, cash equivalents, restricted cash and restricted cash equivalents, beginning of period	115,311	40,171
Cash, cash equivalents, restricted cash and restricted cash equivalents, end of period	82,568	67,527
Supplemental disclosures of cash flow information:
Cash paid during the period for income taxes	23,947	12,739
Non-cash operating, investing and financing activities:
Balance of accounts payable and accrued expenses due to property and equipment purchases	5,092	4,817
Preliminary Business Combination, Contingent Consideration Liability	$ 0	$ 56,000

Business Operations and Basis o

Business Operations and Basis of Presentation	3 Months Ended
	Apr. 29, 2017
Business Operations and Basis of Presentation [Abstract]
Business Description and Basis of Presentation [Text Block]	BUSINESS OPERATIONS AND BASIS OF PRESENTATION Business Operations- DSW Inc., an Ohio corporation, together with its wholly-owned subsidiaries, is the destination for fabulous footwear brands and accessories at a great value every single day. We offer a wide assortment of brand name dress, casual and athletic footwear and accessories for women, men and kids. We conduct business in two reportable segments: the DSW segment ("DSW"), which includes DSW stores and dsw.com, and the Affiliated Business Group ("ABG") segment. The ABG segment partners with three other retailers to help build and optimize their in-store and online footwear businesses. ABG supplies merchandise for the shoe departments of Stein Mart, Gordmans, and Frugal Fannie's. On March 13, 2017 , Gordmans filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code and announced its plan to liquidate inventory and other assets. The filing and liquidation sale is subject to the oversight of the bankruptcy court. During the first quarter of fiscal 2017, Gordmans closed 19 stores and expects to close another 30 to 37 stores with the majority expected to close during the second quarter of fiscal 2017. Stage Stores, Inc., will acquire the remaining 50 to 57 stores and we have signed an agreement to provide services for these stores through the end of fiscal 2017. We have collected on all pre-petition receivables, and Gordmans is current on all post-petition receivables. As of April 29, 2017 , inventory was approximately $0.6 million at cost for the remaining Gordmans stores to be closed, and markdowns of our inventory are being taken in line with the Gordmans liquidation sales. We also have an equity investment in Town Shoes Limited ("Town Shoes"). Town Shoes is the market leader in Canada for the sale of branded footwear offered in stores and on e-commerce sites under the banners of The Shoe Company, Shoe Warehouse, Town Shoes and DSW. During fiscal 2016, we completed several transactions that supported our efforts to grow market share within footwear and accessories domestically and internationally. On March 4, 2016 , we acquired Ebuys, Inc. ("Ebuys"), a leading off price footwear and accessories retailer operating in digital marketplaces. Ebuys sells products to customers located in North America, Europe, Australia and Asia. On August 2, 2016, we signed an agreement with the Apparel Group as an exclusive franchise partner in the Gulf Coast region of the Middle East. Under this franchise agreement, we will expand the DSW banner by up to 40 stores across the territory with the first stores planned to open in fiscal 2017. Basis of Presentation- The accompanying unaudited, condensed consolidated financial statements have been prepared by management in accordance with accounting principles generally accepted in the United States ("GAAP") for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, we do not include all of the information and footnotes required by GAAP 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. The condensed consolidated financial position, results of operations and cash flows for these interim periods are not necessarily indicative of the results that may be expected in future periods. The balance sheet at January 28, 2017 has been derived from the audited financial statements at that date. The financial statements should be read in conjunction with the audited consolidated financial statements and the notes thereto included in our Annual Report on Form 10-K for the fiscal year ended January 28, 2017 , filed with the U.S. Securities and Exchange Commission on March 23, 2017. Fiscal Year- Our fiscal year ends on the Saturday nearest to January 31. References to a fiscal year refer to the calendar year in which the fiscal year begins.

Acquisition and Equity Method I

Acquisition and Equity Method Investment	3 Months Ended
	Apr. 29, 2017
Equity Method Investments and Joint Ventures [Abstract]
Equity Method Investments and Joint Ventures Disclosure [Text Block]	ACQUISITION AND EQUITY INVESTMENT Acquisition of Ebuys- On March 4, 2016 , we acquired 100% ownership of Ebuys for cash and future amounts to be paid to the sellers of Ebuys contingent upon achievement of certain milestones. During fiscal 2016 , we had purchase price adjustments based on working capital adjustments and measurement period adjustments of the contingent consideration liability, based on additional information about facts and circumstances that existed at the acquisition date that were obtained after that date. We also made various measurement period adjustments for the assets and liabilities acquired. The preliminary and final purchase price and the allocation of the total consideration to the fair values of the assets and liabilities acquired consisted of the following: Preliminary Purchase Price as of March 4, 2016 Adjustments Final Purchase Price as of January 28, 2017 (in thousands) Purchase price: Cash consideration $ 60,411 $ (635 ) $ 59,776 Contingent consideration 56,000 (2,645 ) 53,355 $ 116,411 $ (3,280 ) $ 113,131 Fair value of assets and liabilities acquired: Accounts and other receivables $ 1,623 $ (287 ) $ 1,336 Inventory 30,152 18 30,170 Other current assets 191 335 526 Property and equipment 1,221 22 1,243 Goodwill 54,785 (995 ) 53,790 Intangible assets 41,301 (2,600 ) 38,701 Accounts payable and other long-term liabilities (12,862 ) 227 (12,635 ) $ 116,411 $ (3,280 ) $ 113,131 The final fair value of intangible assets includes $22.3 million for online retailer and customer relationships based on using the excess earnings method, $11.0 million for tradenames based on using the relief from royalty method, and $5.4 million for non-compete agreements based on using the with-and-without method. The categorization of the fair value framework used for these methods are considered Level 3 due to the subjective nature of the unobservable inputs used to determine the fair value. The goodwill represents the intangible assets that do not qualify for separate recognition and is primarily the result of expected synergies, vertical integration as a market for selling aged inventory, online presence, and the acquired workforce. Goodwill related to this acquisition is deductible for income tax purposes. During fiscal 2016, we also made fair value adjustments to the contingent consideration liability based on Ebuys' results of operations during the year and revised projections for the contingent periods. These adjustments were not considered measurement period adjustments and were recognized as an adjustment to income from operations. Equity Investment in Town Shoes- In May 2014, we acquired a 49.2% interest in Town Shoes for $75.1 million Canadian dollars ("CAD") ( $68.9 million United States Dollars ("USD")), which included the purchase of an unsecured subordinated note from Town Shoes issued on February 14, 2012 that earns payment-in-kind interest at 12% and matures on February 14, 2022. As of April 29, 2017 , our ownership percentage was 46.3% . The dilution of our ownership is due to Town Shoes' employee exercise of stock options. Our ownership stake provides 50% voting control and board representation equal to the co-investor. Additionally, the Town Shoe co-investor holds a put option to sell the remaining portion of the Company in fiscal 2017 to DSW Inc., and for the subsequent two years. We hold a call option to purchase the remaining portion of the Company in fiscal 2018, and for the subsequent two years, if the Town Shoe co-investor has not exercised their put option. During fiscal 2015, we invested $100 million CAD in available-for-sale securities denominated in CAD in anticipation of funding the future purchase of the remaining interest in Town Shoes. As of April 29, 2017 , we classified these available-for-sale securities as short-term investments based on management's intent to exercise the call option to purchase the remaining portion of Town Shoes in the first quarter of fiscal 2018.

Significant Accounting Policies

Significant Accounting Policies	3 Months Ended
	Apr. 29, 2017
Accounting Policies [Abstract]
Significant Accounting Policies	SIGNIFICANT ACCOUNTING POLICIES Accounting Policies - The complete summary of significant accounting policies is included in the notes to the consolidated financial statements as presented in our Annual Report on Form 10-K for the fiscal year ended January 28, 2017 . Principles of Consolidation- The consolidated financial statements include the accounts of DSW Inc. and its wholly-owned subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation. All amounts are in USD, unless otherwise noted. Use of Estimates- The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and reported amounts of revenues and expenses during the reporting period. Significant estimates are required as a part of sales returns, depreciation, amortization, inventory valuation, contingent consideration liability, customer loyalty program reserve, recoverability of long-lived assets and intangible assets, legal reserves, accrual for lease obligations and establishing reserves for self-insurance. Although these estimates are based on management's knowledge of current events and actions it may undertake in the future, actual results could differ from these estimates. Cash, Cash Equivalents, and Restricted Cash - Cash and cash equivalents represent cash, money market funds and credit card receivables that generally settle within three days. Restricted cash represents cash that is restricted as to withdrawal or usage and consists of a mandatory cash deposit with the lender for outstanding letters of credit. The following table provides a reconciliation of cash and cash equivalents and restricted cash reported within the condensed consolidated balance sheets that sum to the total of the same such amounts shown in the condensed consolidated statements of cash flows: April 29, 2017 January 28, 2017 April 30, 2016 (in thousands) Cash and cash equivalents $ 79,673 $ 110,657 $ 59,462 Restricted cash, included in prepaid expenses and other current assets 2,895 4,654 8,065 Total cash, cash equivalents, and restricted cash shown in the condensed consolidated statements of cash flows $ 82,568 $ 115,311 $ 67,527 Fair Value- Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Assets and liabilities recorded at fair value are categorized using defined hierarchical levels related to the subjectivity associated with the inputs to fair value measurements as follows: • Level 1 - Quoted prices in active markets for identical assets or liabilities. • Level 2 - Quoted prices for similar assets or liabilities in active markets or inputs that are observable. • Level 3 - Unobservable inputs in which little or no market activity exists. Accumulated Other Comprehensive Loss- Changes for the balances of each component of accumulated other comprehensive loss were as follows (all amounts are net of tax): Three months ended April 29, 2017 April 30, 2016 Foreign Currency Translation Available-for-Sale Securities Total Foreign Currency Translation Available-for-Sale Securities Total (in thousands) Accumulated other comprehensive loss - beginning of period $ (13,699 ) $ (242 ) $ (13,941 ) $ (20,530 ) $ (173 ) $ (20,703 ) Other comprehensive income (loss) before reclassifications (4,120 ) 56 (4,064 ) 12,149 126 12,275 Amounts reclassified to non-operating income 1,462 118 1,580 — — — Other comprehensive income (loss) (2,658 ) 174 (2,484 ) 12,149 126 12,275 Accumulated other comprehensive loss - end of period $ (16,357 ) $ (68 ) $ (16,425 ) $ (8,381 ) $ (47 ) $ (8,428 ) Adopted Accounting Standards- In the first quarter of fiscal 2017 , we adopted the Financial Accounting Standards Board ("FASB") Accounting Standards Update ("ASU") 2016-09, Improvements to Employee Share-Based Payment Accounting , which eliminated the requirement to recognize excess tax benefits in common shares paid-in capital and the requirement to evaluate tax deficiencies for common shares paid-in capital or income tax expense classification, and provides for these benefits or deficiencies to be recorded as an income tax expense or benefit on a prospective basis. For the consolidated statements of cash flows, excess tax benefits related to stock-based compensation is no longer presented, on a retroactive basis, as a financing activity cash inflow and as an operating activity cash outflow. As we did not have any excess tax benefits related to stock-based compensation during fiscal 2016, the adoption of ASU 2016-09 did not result in a change in the activity presented in the statements of cash flows for the three months ended April 30, 2016 . In the first quarter of fiscal 2017 , we early adopted ASU 2016-18, Statement of Cash Flows - Restricted Cash, which requires that the consolidated statements of cash flows provides the change in the total of cash, cash equivalents, and restricted cash or restricted cash equivalents. As a result of this adoption, we no longer show the changes in restricted cash balances as a component of cash flows from investing activities but instead include the balances of restricted cash with cash and cash equivalents for the beginning and end of the periods presented. As a result of adopting ASU 2016-18, we adjusted the statements of cash flows on a retroactive basis as follows: Three months ended April 30, 2016 (in thousands) Net cash provided by investing activities, as previously reported $ 34,289 Eliminated the impact of the increase in restricted cash 389 Net cash provided by investing activities, as adjusted $ 34,678 Net increase in cash and cash equivalents, as previously reported $ 26,967 Eliminated the impact of the increase in restricted cash 389 Net increase in cash, cash equivalents, and restricted cash, as adjusted $ 27,356 Cash and cash equivalents, beginning of period, as previously reported $ 32,495 Included restricted cash 7,676 Cash, cash equivalents, and restricted cash, beginning of period, as adjusted $ 40,171 Cash and cash equivalents, end of period, as previously reported $ 59,462 Included restricted cash 8,065 Cash, cash equivalents, and restricted cash, end of period, as adjusted $ 67,527 Recent Accounting Pronouncements- In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers , which provides a single comprehensive accounting standard for revenue recognition for contracts with customers and supersedes current guidance. Under ASU 2014-09, companies will recognize revenue to depict the transfer of goods or services to customers in amounts that reflect the payment to which a company expects to be entitled in exchange for those goods or services. The standard also will require enhanced disclosures and provide more comprehensive guidance for transactions such as service revenue and contract modifications. The standard is effective for us in the first quarter of fiscal 2018. We have completed an assessment identifying areas of impact to our financial statements, including sales returns, licensing arrangements, gift cards, and our loyalty and co-branded credit card programs. We are currently evaluating changes to the timing of recognition, calculation of amounts and classification within our financial statements. For income from breakage of gift cards, which is currently recognized as a reduction to operating expenses when the redemption of the gift card is remote, the new standard will require classification within net sales recognized proportionately over the expected redemption period. Also upon adoption of the standard, we will no longer use the incremental cost method and record to cost of sales for our loyalty program, rather we will use a deferred revenue model. We are continuing our assessment, which may identify other impacts, and evaluating the transition methods for adoption. In February 2016, the FASB issued ASU 2016-02, Leases , which will change how lessees account for leases. For most leases, a liability will be recorded on the balance sheet based on the present value of future lease obligations with a corresponding right-of-use asset. Primarily for those leases currently classified by us as operating leases, we will recognize a single lease cost on a straight line basis based on the combined amortization of the lease obligation and the right-of-use asset. Other leases will be required to be accounted for as financing arrangements similar to current accounting for capital leases. On transition, we will recognize and measure leases at the beginning of the earliest period presented using a modified retrospective approach. The standard is effective for us in the first quarter of fiscal 2019. Early application will be permitted for all entities upon issuance of the final standard. We will not early adopt ASU 2016-02 and we expect the standard will have a material impact to our consolidated balance sheets. We are continuing to assess and evaluate the full impact of the standard on our financial statements and developing an implementation plan.

Related Party Transactions

Related Party Transactions	3 Months Ended
	Apr. 29, 2017
Related Party Transactions [Abstract]
Related Party Transactions	RELATED PARTY TRANSACTIONS Accounts receivable, accounts payable, and prepaid expenses associated with related parties are separately presented on the consolidated balance sheets. Accounts receivable from and payables to related parties normally settle in the form of cash in 30 to 60 days. Schottenstein Affiliates As of April 29, 2017 , the Schottenstein Affiliates, entities owned or controlled by Jay L. Schottenstein, the executive chairman of our Board of Directors, and members of his family, beneficially owned approximately 19% of the Company's outstanding Common Shares, representing approximately 51% of the combined voting power. As of April 29, 2017 , the Schottenstein Affiliates beneficially owned 7.3 million Class A Common Shares and 7.7 million Class B Common Shares. Leases with Related Parties- We lease our fulfillment center and certain store locations owned by Schottenstein Affiliates. During the three months ended April 29, 2017 and April 30, 2016 , we recorded rent expense from leases with Schottenstein Affiliates of $2.3 million and $2.0 million , respectively. Basis Difference Related to Acquisition of Commonly Controlled Entity- The basis difference related to acquisition of commonly controlled entity balance, as shown on our consolidated balance sheets, relates to a legal entity acquisition in fiscal 2012 from certain Schottenstein affiliates. The legal entity owned property that was previously leased by us. As this was a transaction between entities under common control, there was no adjustment to the historical cost carrying amounts of assets transferred to the Company. The difference between the historical cost carrying amounts and the consideration transferred was reflected as an equity transaction. Other Purchases and Services- During the three months ended April 29, 2017 and April 30, 2016 , we had other purchases and services from Schottenstein Affiliates of $0.3 million and $0.3 million , respectively. Town Shoes Our ownership percentage in Town Shoes was 46.3% , which provides us a 50% voting control and board representation equal to the co-investor, and is treated as an equity investment. Management Agreement- We have a management agreement with Town Shoes under which we provided certain information technology and management services. During the three months ended April 29, 2017 , we recognized income of $0.3 million . During the three months ended April 30, 2016 , no services were provided. License Agreement- We license the use of our tradename and trademark, DSW Designer Shoe Warehouse, to Town Shoes for a royalty fee based on a percentage of net sales from its Canadian DSW stores. The license is exclusive and non-transferable for use in Canada. During the three months ended April 29, 2017 and April 30, 2016 , we recognized $0.1 million and $0.1 million , respectively, of royalty fees, which are included in net sales. Other Purchases and Services- During the three months ended April 29, 2017 , Town had other purchases and services from us of $0.9 million . During the three months ended April 30, 2016 , no services were provided. David Duong, CEO of Ebuys On March 4, 2016 , we acquired 100% ownership of Ebuys from its co-founders, including David Duong who is our current CEO of Ebuys, for cash and future amounts to be paid to the co-founders contingent upon achievement of certain milestones. See Note 13 , Commitments and Contingencies , for the estimated fair value of the contingent consideration liability and changes recognized. Mr. Duong will receive 50% of any future payments of the contingent consideration.

Earnings per Share and Sharehol

Earnings per Share and Shareholders' Equity	3 Months Ended
	Apr. 29, 2017
Earnings Per Share [Abstract]
Earnings per Share and Shareholders' Equity	EARNINGS PER SHARE Basic earnings per share is based on net income and the weighted average of Class A and Class B Common Shares outstanding. Diluted earnings per share reflects the potential dilution of common shares adjusted for outstanding stock options, restricted stock units ("RSUs") and performance-based restricted stock units ("PSUs") calculated using the treasury stock method. The following is a reconciliation of the number of shares used in the calculation of earnings per share: Three months ended April 29, 2017 April 30, 2016 (in thousands) Weighted average shares outstanding - Basic shares 80,217 81,953 Dilutive effect of stock-based compensation awards 515 752 Weighted average shares outstanding - Diluted shares 80,732 82,705 For the three months ended April 29, 2017 and April 30, 2016 , the number of potential shares that were not included in the computation of dilutive earnings per share because the effect would be anti-dilutive was approximately 3.9 million and 3.1 million , respectively.

Stock-based Compensation

Stock-based Compensation	3 Months Ended
	Apr. 29, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-based Compensation	STOCK-BASED COMPENSATION Stock-based compensation expense consisted of the following: Three months ended April 29, 2017 April 30, 2016 (in thousands) Stock options $ 1,751 $ 1,677 Restricted stock units 830 1,230 Performance-based restricted stock units 977 682 Director stock units ("DSUs") 51 68 $ 3,609 $ 3,657 The fair value for stock option awards was estimated at the grant date using the Black-Scholes pricing model with the following weighted average assumptions for the options granted: Three months ended April 29, 2017 April 30, 2016 Assumptions: Risk-free interest rate 1.9% 1.5% Expected volatility 34.4% 36.0% Expected option term 5.5 years 5.4 years Dividend yield 3.9% 3.0% Other data: Weighted average grant date fair value $4.20 $6.59 The following table summarizes the stock-based compensation award activity: Three months ended April 29, 2017 Stock Options RSUs PSUs DSUs (in thousands) Outstanding - beginning of period 3,799 351 250 311 Granted 1,606 258 236 5 Exercised / vested (29 ) (53 ) (34 ) (1 ) Forfeited / expired (193 ) (33 ) (3 ) — Outstanding - end of period 5,183 523 449 315 As of April 29, 2017 , 4.8 million shares of Class A Common Shares remain available for future stock-based compensation grants under the 2014 Long-Term Incentive Plan.

Investments

Investments	3 Months Ended
	Apr. 29, 2017
Investments [Abstract]
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	INVESTMENTS We hold available-for-sale investments primarily in bonds and term notes. Investments consisted of the following: Short-term investments Long-term investments April 29, 2017 January 28, 2017 April 30, 2016 April 29, 2017 January 28, 2017 April 30, 2016 (in thousands) Available-for-sale investments: Carrying value $ 174,381 $ 98,793 $ 97,236 $ — $ 77,882 $ 80,748 Unrealized gains included in accumulated other comprehensive loss 87 101 411 — 133 22 Unrealized losses included in accumulated other comprehensive loss (275 ) (364 ) (35 ) — (111 ) (314 ) Total investments $ 174,193 $ 98,530 $ 97,612 $ — $ 77,904 $ 80,456

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Apr. 29, 2017
Fair Value Disclosures [Abstract]
Fair Value Measurements	FAIR VALUE MEASUREMENTS Financial Assets and Liabilities- Financial assets and liabilities measured at fair value on a recurring basis consisted of the following: April 29, 2017 Total Level 1 Level 2 Level 3 (in thousands) Financial assets: Cash and cash equivalents $ 79,673 $ 79,673 — — Short-term investments 174,193 934 $ 173,259 — $ 253,866 $ 80,607 $ 173,259 $ — Financial liabilities - Contingent consideration liability $ 34,288 — — $ 34,288 $ 34,288 $ — $ — $ 34,288 January 28, 2017 Total Level 1 Level 2 Level 3 (in thousands) Financial assets: Cash and cash equivalents $ 110,657 $ 110,657 — — Short-term investments 98,530 2,446 $ 96,084 — Long-term investments 77,904 431 77,473 — $ 287,091 $ 113,534 $ 173,557 $ — Financial liabilities - Contingent consideration liability $ 33,204 — — $ 33,204 $ 33,204 $ — $ — $ 33,204 April 30, 2016 Total Level 1 Level 2 Level 3 (in thousands) Financial assets: Cash and cash equivalents $ 59,462 $ 59,462 — Short-term investments 97,612 5,676 $ 91,936 Long-term investments 80,456 286 80,170 $ 237,530 $ 65,424 $ 172,106 $ — Financial liabilities - Contingent consideration liability $ 57,445 — — $ 57,445 $ 57,445 $ — $ — $ 57,445 The short-term and long-term investments categorized as Level 2 were valued using a market-based approach using inputs such as prices of similar assets in active markets. See Note 13 , Commitments and Contingencies , for the estimated fair value (categorized as Level 3) of the contingent consideration liability and changes recognized. We have financial assets and liabilities not required to be measured at fair value on a recurring basis, which primarily consist of accounts receivables, note receivable from Town Shoes, and accounts payables. The carrying value of accounts receivables and accounts payables approximated their fair values due to their short-term nature. As of April 29, 2017 , January 28, 2017 and April 30, 2016 , the fair value of the note receivable from Town Shoes was $46.1 million , $45.7 million and $43.2 million , respectively, compared to the carrying value of $52.9 million , $53.1 million and $50.6 million , respectively. We estimated the fair value of the note receivable based upon current interest rates offered on similar instruments. The change in fair value is based on the change in comparable rates on similar instruments. Based on our intention and ability to hold the note until maturity or the exercise of the put/call option, the carrying value is not other-than-temporarily impaired.

Property and Equipment, Net

Property and Equipment, Net	3 Months Ended
	Apr. 29, 2017
Property, Plant and Equipment [Abstract]
Property and equipment, net	PROPERTY AND EQUIPMENT, NET Property and equipment consisted of the following: April 29, 2017 January 28, 2017 April 30, 2016 (in thousands) Land $ 1,110 $ 1,110 $ 1,110 Buildings 12,485 12,485 12,485 Building and leasehold improvements 395,576 393,505 375,969 Furniture, fixtures and equipment 414,179 408,653 373,863 Software 134,656 123,460 120,372 Construction in progress 25,420 27,456 26,739 Total property and equipment 983,426 966,669 910,538 Accumulated depreciation and amortization (609,106 ) (591,418 ) (536,559 ) Property and equipment, net $ 374,320 $ 375,251 $ 373,979 Construction in progress is comprised primarily of the construction of leasehold improvements and furniture and fixtures related to unopened stores and internal-use software under development.

Accrued Expenses

Accrued Expenses	3 Months Ended
	Apr. 29, 2017
Payables and Accruals [Abstract]
Accrued Expenses	ACCRUED EXPENSES Accrued expenses consisted of the following: April 29, 2017 January 28, 2017 April 30, 2016 (in thousands) Gift cards and merchandise credits $ 43,106 $ 45,743 $ 39,385 Compensation 18,762 17,132 18,145 Taxes 19,656 21,764 20,944 Customer loyalty program 12,227 11,502 10,987 Other (1) 42,007 34,193 36,305 $ 135,758 $ 130,334 $ 125,766 (1) Other is comprised of deferred revenue, sales return allowance, and various other accrued expenses, including amounts owed under our vendor payment program described below. To better facilitate the processing efficiency of certain vendor payments, during fiscal 2016 we entered into a vendor payment program with a payment processing intermediary. Under the vendor payment program, the intermediary makes regularly-scheduled payments to participating vendors and we, in turn, settle monthly with the intermediary. The net change in the outstanding balance is reflected as a financing activity in the statements of cash flows.

Non-Current Liabilities

Non-Current Liabilities	3 Months Ended
	Apr. 29, 2017
Other Liabilities Disclosure [Abstract]
Other Non-Current Liabilities	NON-CURRENT LIABILITIES Non-current liabilities consisted of the following: April 29, 2017 January 28, 2017 April 30, 2016 (in thousands) Construction and tenant allowances $ 86,803 $ 87,886 $ 87,002 Deferred rent 38,176 37,779 37,931 Other 17,540 15,514 17,760 $ 142,519 $ 141,179 $ 142,693

Debt Obligations

Debt Obligations	3 Months Ended
	Apr. 29, 2017
Debt Disclosure [Abstract]
Debt Obligations and Warrant Liabilities	DEBT Credit Facility - On August 2, 2013 , we entered into a secured revolving credit agreement (the "Credit Facility") that provides revolving credit up to $100 million . The Credit Facility, together with the Letter of Credit Agreement (defined below), amended and restated the prior credit facility, dated June 30, 2010 . The Credit Facility will expire on July 31, 2018 . The Credit Facility may be further increased by up to $50 million upon request subject to lender acceptance, financial condition and compliance with covenants. The Credit Facility is secured by a lien on substantially all of DSW Inc.'s personal property assets and its subsidiaries, with certain exclusions, and may be used to provide funds for general corporate purposes, to provide for ongoing working capital requirements and to make permitted acquisitions. Revolving credit loans bear interest under the Credit Facility at our option under: (a) a base rate option at a rate per annum equal to the highest of (i) the Federal Funds Open Rate (as defined in the Credit Facility), plus 0.5%, (ii) the Lender's prime rate, and (iii) the Daily LIBOR Rate (as defined in the Credit Facility) plus 1.0%, plus in each instance an applicable margin, which is between 1.00 and 1.25, based upon revolving credit availability; or (b) a LIBOR option at a rate equal to the LIBOR Rate (as defined in the Credit Facility), plus an applicable margin based upon our revolving credit availability. In addition, the Credit Facility contains restrictive covenants relating to the management and operation of our business. These covenants, among other things, limit or restrict our ability to grant liens on our assets, limit our ability to incur additional indebtedness, limit our ability to enter into transactions with affiliates and limit our ability to merge or consolidate with another entity. Our Credit Facility allows the payment of dividends by us or our subsidiaries, provided that we meet the minimum cash and investments requirement of $125 million , as defined in the Credit Facility. An additional covenant limits payments for capital expenditures to $200 million in any fiscal year. As of April 29, 2017 , we had no outstanding borrowings under the Credit Facility with availability of $100 million and we were in compliance with all covenants. Interest expense related to the Credit Facility includes fees, such as commitment and line of credit fees. Letter of Credit Agreement- Also on August 2, 2013 , we entered into a letter of credit agreement (the "Letter of Credit Agreement"). The Letter of Credit Agreement provides for the issuance of letters of credit up to $50 million that will expire on August 2, 2018 . The facility for the issuance of letters of credit is secured by a cash collateral account containing cash in an amount equal to 103% of the face amount of any letter of credit extension ( 105% for extensions denominated in foreign currency) and is used for general corporate purposes. The Letter of Credit Agreement requires compliance with conditions precedent that must be satisfied prior to issuing any letter of credit or extension. In addition, the Letter of Credit Agreement contains restrictive covenants relating to the management and operation of our business. These covenants, among other things, limit or restrict our ability to grant liens on our assets, limit our ability to incur additional indebtedness, limit our ability to enter into transactions with affiliates and limit our ability to merge or consolidate with another entity. An event of default may cause the applicable interest rate and fees to increase by 2% per annum. As of April 29, 2017 , we were in compliance with all covenants. As of April 29, 2017 , January 28, 2017 and April 30, 2016 , we had outstanding letters of credit under the Letter of Credit Agreement of $2.8 million , $3.8 million , and $7.1 million , respectively.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Apr. 29, 2017
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	COMMITMENTS AND CONTINGENCIES Contingent Consideration Liability- The contingent consideration liability resulted from the acquisition of Ebuys and is based on a defined earnings performance measure for fiscal years 2017, 2018 and 2019 with no defined maximum earn-out. The contingent consideration liability is based on our estimated fair value with any differences between the final acquisition-date fair value and the estimated settlement of the obligation, as remeasured each reporting period, being recognized as an adjustment to income from operations. Activity for the contingent consideration liability was as follows: Three months ended April 29, 2017 April 30, 2016 (in thousands) Contingent consideration liability - beginning of period $ 33,204 $ — Preliminary purchase price — 56,000 Accretion in value 1,084 1,445 Contingent consideration liability - end of period $ 34,288 $ 57,445 Legal Proceedings- We are involved in various legal proceedings that are incidental to the conduct of our business. Although it is not possible to predict with certainty the eventual outcome of any litigation, we believe the amount of any potential liability with respect to current legal proceedings will not be material to the results of operations or financial condition. As additional information becomes available, we will assess any potential liability related to pending litigation and revise the estimates as needed. Guarantee- As a result of a previous merger, we provided a guarantee for a lease commitment that is scheduled to expire in 2024 of a location that has been leased to a third party. If the third party does not pay the rent or vacates the premise, we may be required to make full rent payments to the landlord. Contractual Obligations- As of April 29, 2017 , we have entered into various construction commitments, including capital items to be purchased for projects that were under construction, or for which a lease has been signed. Our obligations under these commitments were $0.9 million as of April 29, 2017 . In addition, we have entered into various noncancelable purchase and service agreements. The obligations under these agreements were approximately $15.0 million as of April 29, 2017 .

Segment Reporting

Segment Reporting	3 Months Ended
	Apr. 29, 2017
Segment Reporting [Abstract]
Segment Reporting Disclosure [Text Block]	SEGMENT REPORTING Our two reportable segments, which are also operating segments, are the DSW segment, which includes DSW stores and dsw.com, and the ABG segment. Other primarily includes Ebuys. The following provides certain financial data by segment reconciled to the consolidated financial statements: DSW segment ABG segment Other Total (in thousands) Three months ended April 29, 2017 Net sales $ 624,787 43,988 22,327 $ 691,102 Gross profit $ 184,650 10,498 81 $ 195,229 Three months ended April 30, 2016 Net sales $ 623,032 43,139 15,096 $ 681,267 Gross profit $ 191,419 10,813 2,125 $ 204,357

Subsequent Events

Subsequent Events	3 Months Ended
	Apr. 29, 2017
Subsequent Events [Abstract]
Subsequent Events [Text Block]	SUBSEQUENT EVENT On May 24, 2017 , the Board of Directors declared a quarterly cash dividend payment of $0.20 per share for both Class A and Class B Common Shares. The dividend will be paid on June 29, 2017 to shareholders of record at the close of business on June 15, 2017 .

Business Operations and Basis23

Business Operations and Basis of Presentation Business Operations and Basis of Presentation (Policies)	3 Months Ended
	Apr. 29, 2017
Basis of Accounting, Policy [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Basis of Presentation- The accompanying unaudited, condensed consolidated financial statements have been prepared by management in accordance with accounting principles generally accepted in the United States ("GAAP") for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, we do not include all of the information and footnotes required by GAAP 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. The condensed consolidated financial position, results of operations and cash flows for these interim periods are not necessarily indicative of the results that may be expected in future periods. The balance sheet at January 28, 2017 has been derived from the audited financial statements at that date. The financial statements should be read in conjunction with the audited consolidated financial statements and the notes thereto included in our Annual Report on Form 10-K for the fiscal year ended January 28, 2017 , filed with the U.S. Securities and Exchange Commission on March 23, 2017.
Fiscal Period, Policy [Policy Text Block]	Fiscal Year- Our fiscal year ends on the Saturday nearest to January 31. References to a fiscal year refer to the calendar year in which the fiscal year begins.

Significant Accounting Polici24

Significant Accounting Policies (Policies)	3 Months Ended
	Apr. 29, 2017
Accounting Policies [Abstract]
Consolidation, Policy [Policy Text Block]	Principles of Consolidation- The consolidated financial statements include the accounts of DSW Inc. and its wholly-owned subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation. All amounts are in USD, unless otherwise noted.
Use of Estimates, Policy [Policy Text Block]	Use of Estimates- The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and reported amounts of revenues and expenses during the reporting period. Significant estimates are required as a part of sales returns, depreciation, amortization, inventory valuation, contingent consideration liability, customer loyalty program reserve, recoverability of long-lived assets and intangible assets, legal reserves, accrual for lease obligations and establishing reserves for self-insurance. Although these estimates are based on management's knowledge of current events and actions it may undertake in the future, actual results could differ from these estimates.
Cash and Cash Equivalents, Restricted Cash and Cash Equivalents, Policy [Policy Text Block]	Cash, Cash Equivalents, and Restricted Cash - Cash and cash equivalents represent cash, money market funds and credit card receivables that generally settle within three days. Restricted cash represents cash that is restricted as to withdrawal or usage and consists of a mandatory cash deposit with the lender for outstanding letters of credit. The following table provides a reconciliation of cash and cash equivalents and restricted cash reported within the condensed consolidated balance sheets that sum to the total of the same such amounts shown in the condensed consolidated statements of cash flows: April 29, 2017 January 28, 2017 April 30, 2016 (in thousands) Cash and cash equivalents $ 79,673 $ 110,657 $ 59,462 Restricted cash, included in prepaid expenses and other current assets 2,895 4,654 8,065 Total cash, cash equivalents, and restricted cash shown in the condensed consolidated statements of cash flows $ 82,568 $ 115,311 $ 67,527
Fair Value Measurement, Policy [Policy Text Block]	Fair Value- Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Assets and liabilities recorded at fair value are categorized using defined hierarchical levels related to the subjectivity associated with the inputs to fair value measurements as follows: • Level 1 - Quoted prices in active markets for identical assets or liabilities. • Level 2 - Quoted prices for similar assets or liabilities in active markets or inputs that are observable. • Level 3 - Unobservable inputs in which little or no market activity exists.
Comprehensive Income, Policy [Policy Text Block]	Accumulated Other Comprehensive Loss- Changes for the balances of each component of accumulated other comprehensive loss were as follows (all amounts are net of tax): Three months ended April 29, 2017 April 30, 2016 Foreign Currency Translation Available-for-Sale Securities Total Foreign Currency Translation Available-for-Sale Securities Total (in thousands) Accumulated other comprehensive loss - beginning of period $ (13,699 ) $ (242 ) $ (13,941 ) $ (20,530 ) $ (173 ) $ (20,703 ) Other comprehensive income (loss) before reclassifications (4,120 ) 56 (4,064 ) 12,149 126 12,275 Amounts reclassified to non-operating income 1,462 118 1,580 — — — Other comprehensive income (loss) (2,658 ) 174 (2,484 ) 12,149 126 12,275 Accumulated other comprehensive loss - end of period $ (16,357 ) $ (68 ) $ (16,425 ) $ (8,381 ) $ (47 ) $ (8,428 )
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	Adopted Accounting Standards- In the first quarter of fiscal 2017 , we adopted the Financial Accounting Standards Board ("FASB") Accounting Standards Update ("ASU") 2016-09, Improvements to Employee Share-Based Payment Accounting , which eliminated the requirement to recognize excess tax benefits in common shares paid-in capital and the requirement to evaluate tax deficiencies for common shares paid-in capital or income tax expense classification, and provides for these benefits or deficiencies to be recorded as an income tax expense or benefit on a prospective basis. For the consolidated statements of cash flows, excess tax benefits related to stock-based compensation is no longer presented, on a retroactive basis, as a financing activity cash inflow and as an operating activity cash outflow. As we did not have any excess tax benefits related to stock-based compensation during fiscal 2016, the adoption of ASU 2016-09 did not result in a change in the activity presented in the statements of cash flows for the three months ended April 30, 2016 . In the first quarter of fiscal 2017 , we early adopted ASU 2016-18, Statement of Cash Flows - Restricted Cash, which requires that the consolidated statements of cash flows provides the change in the total of cash, cash equivalents, and restricted cash or restricted cash equivalents. As a result of this adoption, we no longer show the changes in restricted cash balances as a component of cash flows from investing activities but instead include the balances of restricted cash with cash and cash equivalents for the beginning and end of the periods presented. As a result of adopting ASU 2016-18, we adjusted the statements of cash flows on a retroactive basis as follows: Three months ended April 30, 2016 (in thousands) Net cash provided by investing activities, as previously reported $ 34,289 Eliminated the impact of the increase in restricted cash 389 Net cash provided by investing activities, as adjusted $ 34,678 Net increase in cash and cash equivalents, as previously reported $ 26,967 Eliminated the impact of the increase in restricted cash 389 Net increase in cash, cash equivalents, and restricted cash, as adjusted $ 27,356 Cash and cash equivalents, beginning of period, as previously reported $ 32,495 Included restricted cash 7,676 Cash, cash equivalents, and restricted cash, beginning of period, as adjusted $ 40,171 Cash and cash equivalents, end of period, as previously reported $ 59,462 Included restricted cash 8,065 Cash, cash equivalents, and restricted cash, end of period, as adjusted $ 67,527
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements- In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers , which provides a single comprehensive accounting standard for revenue recognition for contracts with customers and supersedes current guidance. Under ASU 2014-09, companies will recognize revenue to depict the transfer of goods or services to customers in amounts that reflect the payment to which a company expects to be entitled in exchange for those goods or services. The standard also will require enhanced disclosures and provide more comprehensive guidance for transactions such as service revenue and contract modifications. The standard is effective for us in the first quarter of fiscal 2018. We have completed an assessment identifying areas of impact to our financial statements, including sales returns, licensing arrangements, gift cards, and our loyalty and co-branded credit card programs. We are currently evaluating changes to the timing of recognition, calculation of amounts and classification within our financial statements. For income from breakage of gift cards, which is currently recognized as a reduction to operating expenses when the redemption of the gift card is remote, the new standard will require classification within net sales recognized proportionately over the expected redemption period. Also upon adoption of the standard, we will no longer use the incremental cost method and record to cost of sales for our loyalty program, rather we will use a deferred revenue model. We are continuing our assessment, which may identify other impacts, and evaluating the transition methods for adoption. In February 2016, the FASB issued ASU 2016-02, Leases , which will change how lessees account for leases. For most leases, a liability will be recorded on the balance sheet based on the present value of future lease obligations with a corresponding right-of-use asset. Primarily for those leases currently classified by us as operating leases, we will recognize a single lease cost on a straight line basis based on the combined amortization of the lease obligation and the right-of-use asset. Other leases will be required to be accounted for as financing arrangements similar to current accounting for capital leases. On transition, we will recognize and measure leases at the beginning of the earliest period presented using a modified retrospective approach. The standard is effective for us in the first quarter of fiscal 2019. Early application will be permitted for all entities upon issuance of the final standard. We will not early adopt ASU 2016-02 and we expect the standard will have a material impact to our consolidated balance sheets. We are continuing to assess and evaluate the full impact of the standard on our financial statements and developing an implementation plan.

Earnings per Share and Shareh25

Earnings per Share and Shareholders' Equity Earnings per Share and Shareholders' Equity (Policies)	3 Months Ended
	Apr. 29, 2017
Earnings Per Share [Abstract]
Earnings Per Share, Policy [Policy Text Block]	Basic earnings per share is based on net income and the weighted average of Class A and Class B Common Shares outstanding. Diluted earnings per share reflects the potential dilution of common shares adjusted for outstanding stock options, restricted stock units ("RSUs") and performance-based restricted stock units ("PSUs") calculated using the treasury stock method.

Segment Reporting (Policies)

Segment Reporting (Policies)	3 Months Ended
	Apr. 29, 2017
Segment Reporting [Abstract]
Segment Reporting, Policy [Policy Text Block]	Our two reportable segments, which are also operating segments, are the DSW segment, which includes DSW stores and dsw.com, and the ABG segment. Other primarily includes Ebuys.

Acquisition and Equity Method27

Acquisition and Equity Method Investment (Tables)	3 Months Ended
	Apr. 29, 2017
Equity Method Investments and Joint Ventures [Abstract]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	The preliminary and final purchase price and the allocation of the total consideration to the fair values of the assets and liabilities acquired consisted of the following: Preliminary Purchase Price as of March 4, 2016 Adjustments Final Purchase Price as of January 28, 2017 (in thousands) Purchase price: Cash consideration $ 60,411 $ (635 ) $ 59,776 Contingent consideration 56,000 (2,645 ) 53,355 $ 116,411 $ (3,280 ) $ 113,131 Fair value of assets and liabilities acquired: Accounts and other receivables $ 1,623 $ (287 ) $ 1,336 Inventory 30,152 18 30,170 Other current assets 191 335 526 Property and equipment 1,221 22 1,243 Goodwill 54,785 (995 ) 53,790 Intangible assets 41,301 (2,600 ) 38,701 Accounts payable and other long-term liabilities (12,862 ) 227 (12,635 ) $ 116,411 $ (3,280 ) $ 113,131

Significant Accounting Polici28

Significant Accounting Policies Significant Accounting Policies (Tables)	3 Months Ended
	Apr. 29, 2017	Apr. 30, 2016
Schedule of Cash, cash equivalents, and restricted cash [Abstract]
Schedule of Restricted Cash and Cash Equivalents [Table Text Block]	The following table provides a reconciliation of cash and cash equivalents and restricted cash reported within the condensed consolidated balance sheets that sum to the total of the same such amounts shown in the condensed consolidated statements of cash flows: April 29, 2017 January 28, 2017 April 30, 2016 (in thousands) Cash and cash equivalents $ 79,673 $ 110,657 $ 59,462 Restricted cash, included in prepaid expenses and other current assets 2,895 4,654 8,065 Total cash, cash equivalents, and restricted cash shown in the condensed consolidated statements of cash flows $ 82,568 $ 115,311 $ 67,527
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	Changes for the balances of each component of accumulated other comprehensive loss were as follows (all amounts are net of tax): Three months ended April 29, 2017 April 30, 2016 Foreign Currency Translation Available-for-Sale Securities Total Foreign Currency Translation Available-for-Sale Securities Total (in thousands) Accumulated other comprehensive loss - beginning of period $ (13,699 ) $ (242 ) $ (13,941 ) $ (20,530 ) $ (173 ) $ (20,703 ) Other comprehensive income (loss) before reclassifications (4,120 ) 56 (4,064 ) 12,149 126 12,275 Amounts reclassified to non-operating income 1,462 118 1,580 — — — Other comprehensive income (loss) (2,658 ) 174 (2,484 ) 12,149 126 12,275 Accumulated other comprehensive loss - end of period $ (16,357 ) $ (68 ) $ (16,425 ) $ (8,381 ) $ (47 ) $ (8,428 )
New Accounting Pronouncement, Early Adoption [Table Text Block]		As a result of adopting ASU 2016-18, we adjusted the statements of cash flows on a retroactive basis as follows: Three months ended April 30, 2016 (in thousands) Net cash provided by investing activities, as previously reported $ 34,289 Eliminated the impact of the increase in restricted cash 389 Net cash provided by investing activities, as adjusted $ 34,678 Net increase in cash and cash equivalents, as previously reported $ 26,967 Eliminated the impact of the increase in restricted cash 389 Net increase in cash, cash equivalents, and restricted cash, as adjusted $ 27,356 Cash and cash equivalents, beginning of period, as previously reported $ 32,495 Included restricted cash 7,676 Cash, cash equivalents, and restricted cash, beginning of period, as adjusted $ 40,171 Cash and cash equivalents, end of period, as previously reported $ 59,462 Included restricted cash 8,065 Cash, cash equivalents, and restricted cash, end of period, as adjusted $ 67,527

Earnings per Share and Shareh29

Earnings per Share and Shareholders' Equity (Tables)	3 Months Ended
	Apr. 29, 2017
Earnings Per Share [Abstract]
Reconciliation of the Number of Shares Used in the Calculation of Diluted Earnings per Share	The following is a reconciliation of the number of shares used in the calculation of earnings per share: Three months ended April 29, 2017 April 30, 2016 (in thousands) Weighted average shares outstanding - Basic shares 80,217 81,953 Dilutive effect of stock-based compensation awards 515 752 Weighted average shares outstanding - Diluted shares 80,732 82,705

Stock-based Compensation (Table

Stock-based Compensation (Tables)	3 Months Ended
	Apr. 29, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Schedule of Share-based Compensation Expense [Table Text Block]	Stock-based compensation expense consisted of the following: Three months ended April 29, 2017 April 30, 2016 (in thousands) Stock options $ 1,751 $ 1,677 Restricted stock units 830 1,230 Performance-based restricted stock units 977 682 Director stock units ("DSUs") 51 68 $ 3,609 $ 3,657
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	The fair value for stock option awards was estimated at the grant date using the Black-Scholes pricing model with the following weighted average assumptions for the options granted: Three months ended April 29, 2017 April 30, 2016 Assumptions: Risk-free interest rate 1.9% 1.5% Expected volatility 34.4% 36.0% Expected option term 5.5 years 5.4 years Dividend yield 3.9% 3.0% Other data: Weighted average grant date fair value $4.20 $6.59
Stock Option Plan Activity	The following table summarizes the stock-based compensation award activity: Three months ended April 29, 2017 Stock Options RSUs PSUs DSUs (in thousands) Outstanding - beginning of period 3,799 351 250 311 Granted 1,606 258 236 5 Exercised / vested (29 ) (53 ) (34 ) (1 ) Forfeited / expired (193 ) (33 ) (3 ) — Outstanding - end of period 5,183 523 449 315

Investments (Tables)

Investments (Tables)	3 Months Ended
	Apr. 29, 2017
Investments [Abstract]
Marketable Securities [Table Text Block]	We hold available-for-sale investments primarily in bonds and term notes. Investments consisted of the following: Short-term investments Long-term investments April 29, 2017 January 28, 2017 April 30, 2016 April 29, 2017 January 28, 2017 April 30, 2016 (in thousands) Available-for-sale investments: Carrying value $ 174,381 $ 98,793 $ 97,236 $ — $ 77,882 $ 80,748 Unrealized gains included in accumulated other comprehensive loss 87 101 411 — 133 22 Unrealized losses included in accumulated other comprehensive loss (275 ) (364 ) (35 ) — (111 ) (314 ) Total investments $ 174,193 $ 98,530 $ 97,612 $ — $ 77,904 $ 80,456

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Apr. 29, 2017
Fair Value Disclosures [Abstract]
Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis	Financial assets and liabilities measured at fair value on a recurring basis consisted of the following: April 29, 2017 Total Level 1 Level 2 Level 3 (in thousands) Financial assets: Cash and cash equivalents $ 79,673 $ 79,673 — — Short-term investments 174,193 934 $ 173,259 — $ 253,866 $ 80,607 $ 173,259 $ — Financial liabilities - Contingent consideration liability $ 34,288 — — $ 34,288 $ 34,288 $ — $ — $ 34,288 January 28, 2017 Total Level 1 Level 2 Level 3 (in thousands) Financial assets: Cash and cash equivalents $ 110,657 $ 110,657 — — Short-term investments 98,530 2,446 $ 96,084 — Long-term investments 77,904 431 77,473 — $ 287,091 $ 113,534 $ 173,557 $ — Financial liabilities - Contingent consideration liability $ 33,204 — — $ 33,204 $ 33,204 $ — $ — $ 33,204 April 30, 2016 Total Level 1 Level 2 Level 3 (in thousands) Financial assets: Cash and cash equivalents $ 59,462 $ 59,462 — Short-term investments 97,612 5,676 $ 91,936 Long-term investments 80,456 286 80,170 $ 237,530 $ 65,424 $ 172,106 $ — Financial liabilities - Contingent consideration liability $ 57,445 — — $ 57,445 $ 57,445 $ — $ — $ 57,445

Property and Equipment, Net (Ta

Property and Equipment, Net (Tables)	3 Months Ended
	Apr. 29, 2017
Property, Plant and Equipment [Abstract]
Property and Equipment, Net	Property and equipment consisted of the following: April 29, 2017 January 28, 2017 April 30, 2016 (in thousands) Land $ 1,110 $ 1,110 $ 1,110 Buildings 12,485 12,485 12,485 Building and leasehold improvements 395,576 393,505 375,969 Furniture, fixtures and equipment 414,179 408,653 373,863 Software 134,656 123,460 120,372 Construction in progress 25,420 27,456 26,739 Total property and equipment 983,426 966,669 910,538 Accumulated depreciation and amortization (609,106 ) (591,418 ) (536,559 ) Property and equipment, net $ 374,320 $ 375,251 $ 373,979

Accrued Expenses (Tables)

Accrued Expenses (Tables)	3 Months Ended
	Apr. 29, 2017
Payables and Accruals [Abstract]
Accrued Expenses	Accrued expenses consisted of the following: April 29, 2017 January 28, 2017 April 30, 2016 (in thousands) Gift cards and merchandise credits $ 43,106 $ 45,743 $ 39,385 Compensation 18,762 17,132 18,145 Taxes 19,656 21,764 20,944 Customer loyalty program 12,227 11,502 10,987 Other (1) 42,007 34,193 36,305 $ 135,758 $ 130,334 $ 125,766

Non-Current Liabilities(Tables)

Non-Current Liabilities(Tables)	3 Months Ended
	Apr. 29, 2017
Other Liabilities Disclosure [Abstract]
Other Non-current Liabilities	Non-current liabilities consisted of the following: April 29, 2017 January 28, 2017 April 30, 2016 (in thousands) Construction and tenant allowances $ 86,803 $ 87,886 $ 87,002 Deferred rent 38,176 37,779 37,931 Other 17,540 15,514 17,760 $ 142,519 $ 141,179 $ 142,693

Commitments and Contingencies S

Commitments and Contingencies Schedule of Business Acquisitions, Contingent Consideration (Tables)	3 Months Ended
	Apr. 29, 2017
Business Combinations [Abstract]
Schedule of Business Acquisitions by Acquisition, Contingent Consideration [Table Text Block]	Activity for the contingent consideration liability was as follows: Three months ended April 29, 2017 April 30, 2016 (in thousands) Contingent consideration liability - beginning of period $ 33,204 $ — Preliminary purchase price — 56,000 Accretion in value 1,084 1,445 Contingent consideration liability - end of period $ 34,288 $ 57,445

Segment Reporting (Tables)

Segment Reporting (Tables)	3 Months Ended
	Apr. 29, 2017
Segment Reporting [Abstract]
Segment Information	The following provides certain financial data by segment reconciled to the consolidated financial statements: DSW segment ABG segment Other Total (in thousands) Three months ended April 29, 2017 Net sales $ 624,787 43,988 22,327 $ 691,102 Gross profit $ 184,650 10,498 81 $ 195,229 Three months ended April 30, 2016 Net sales $ 623,032 43,139 15,096 $ 681,267 Gross profit $ 191,419 10,813 2,125 $ 204,357

Business Operations Store Data

Business Operations Store Data (Details) $ in Thousands	3 Months Ended
	Apr. 29, 2017USD ($)	Jan. 28, 2017USD ($)	Apr. 30, 2016USD ($)
Schedule of Stores Supplied With Merchandise [Line Items]
Number of Reportable Segments	2
Number of retailers operated as leased departments	3
Affiliated Business Group [Abstract]
Inventory, Net	$ 575,171	$ 499,995	$ 563,317
Apparel Group [Member]
Affiliated Business Group [Abstract]
Number of stores supplied by the entity	40
Gordmans Stores [Member]
Affiliated Business Group [Abstract]
Inventory, Net	$ 600
Number of stores closed	19
Maximum [Member] | Gordmans Stores [Member]
Affiliated Business Group [Abstract]
Stores expected to close	37
Stores acquired	57
Minimum [Member] | Gordmans Stores [Member]
Affiliated Business Group [Abstract]
Stores expected to close	30
Stores acquired	50

Acquisition and Equity Method39

Acquisition and Equity Method Investment (Details) - USD ($) $ in Thousands	Mar. 04, 2016	Jan. 28, 2017	Apr. 29, 2017	Apr. 30, 2016	Jan. 30, 2016	May 09, 2014
Business Combination, Consideration Transferred	$ 60,411	$ 59,776
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Consideration Transferred		(635)
Preliminary Business Combination, Contingent Consideration Liability	56,000		$ 0	$ 56,000
Business Combination, Consideration Transferred, Other		(2,645)
Contingent Consideration Liability Final Acquisition Date Fair Value		53,355
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Receivables	1,623	1,336
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Financial Assets		(287)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Inventory	30,152	30,170
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Inventory		18
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets	191	526
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustments Related to Previous Period		335
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	1,221	1,243
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Property, Plant, and Equipment		22
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net	54,785	53,790
Goodwill, Translation and Purchase Accounting Adjustments		(995)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	41,301	38,701
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Intangibles		(2,600)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities	(12,862)	(12,635)
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Financial Liabilities		227
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net	$ 116,411	113,131
Goodwill, Purchase Accounting Adjustments		$ (3,280)
Town Shoe Acquisition, Purchase Price for Ownership Interest (CAD)						$ 75,100
Town Shoe Acquisition, Purchase Price for Ownership Interest (USD)						$ 68,900
Town Shoe Acquisition, Ownership Interest Acquired			46.30%			49.20%
Shareholder Note, Interest Rate						12.00%
Town Shoe Acquisition, Voting Control Interest Acquired						50.00%
Foreign Currency Purchase (CAD)					$ 100,000
Online retailer relationships [Member]
Finite-Lived Intangible Assets, Gross			$ 22,300
Tradename [Member]
Finite-Lived Intangible Assets, Gross			11,000
Noncompete Agreements [Member]
Finite-Lived Intangible Assets, Gross			$ 5,400

Significant Accounting Polici40

Significant Accounting Policies Significant Accounting Policies (Details) - USD ($) $ in Thousands	Apr. 29, 2017	Jan. 28, 2017	Apr. 30, 2016
Schedule of Cash, cash equivalents, and restricted cash [Abstract]
Cash and cash equivalents	$ 79,673	$ 110,657	$ 59,462
Restricted Cash and Cash Equivalents, Current	2,895	4,654	8,065
Cash, cash equivalents, restricted cash and restricted cash equivalents, end of period	$ 82,568	$ 115,311	$ 67,527

Significant Accounting Polici41

Significant Accounting Policies Accumulated Other Comprehensive Income (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Apr. 29, 2017	Apr. 30, 2016	Jan. 28, 2017	Jan. 30, 2016
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Gain (Loss) Arising During Period, Net of Tax	$ (4,120)	$ 12,149
Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, before Reclassification Adjustments, Net of Tax	56	126
Other comprehensive income (loss), before reclassification adjustment	(4,064)	12,275
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Reclassification Adjustment from AOCI, Realized upon Sale or Liquidation, Net of Tax	1,462	0
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI for Sale of Securities, Net of Tax	118	0
Reclassification from AOCI, Current Period, Net of Tax, Attributable to Parent	1,580	0
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	(2,658)	12,149
Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, Net of Tax	(68)	(47)	$ (242)	$ (173)
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	945,288	933,567	937,488
Other Comprehensive Income, Other, Net of Tax	174	126
Other Comprehensive Income (Loss), Net of Tax	(2,484)	12,275
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax	(16,357)	(8,381)	(13,699)	(20,530)
AOCI Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	$ (16,425)	$ (8,428)	$ (13,941)	$ (20,703)

Significant Accounting Polici42

Significant Accounting Policies Significant accounting policies Accounting changes (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 29, 2017	Apr. 30, 2016	Jan. 28, 2017	Jan. 30, 2016
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net Cash Provided by (Used in) Continuing Operations	$ (32,743)	$ 27,356
Cash and cash equivalents	79,673	59,462	$ 110,657
Cash, cash equivalents, restricted cash and restricted cash equivalents, beginning of period			115,311	$ 40,171
Cash, cash equivalents, restricted cash and restricted cash equivalents, end of period	82,568	67,527	115,311
Restricted Cash and Cash Equivalents, Current	$ 2,895	8,065	$ 4,654
Scenario, Previously Reported [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net Cash Provided by (Used in) Investing Activities, Continuing Operations		34,289
Net Cash Provided by (Used in) Continuing Operations		26,967
Cash and cash equivalents		59,462		32,495
Restatement Adjustment [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net Cash Provided by (Used in) Investing Activities, Continuing Operations		34,678
Net Cash Provided by (Used in) Continuing Operations		27,356
Cash, cash equivalents, restricted cash and restricted cash equivalents, beginning of period				40,171
Cash, cash equivalents, restricted cash and restricted cash equivalents, end of period		67,527
Restricted Cash and Cash Equivalents, Current		8,065		$ 7,676
Adjustments for New Accounting Pronouncement [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Increase (Decrease) in Restricted Cash		$ 389

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Apr. 29, 2017	Apr. 30, 2016	May 09, 2014
Schottenstein Affiliates [Abstract]
Related party transaction Outstanding common shares owned (in hundredths)	19.00%
Related party transaction Combined voting power of outstanding common shares (in hundredths)	51.00%
Operating Leases, Rent Expense, Minimum Rentals	$ 2.3	$ 2
Related Party Transaction, Purchases from Related Party	$ 0.3	0.3
Town Shoe Acquisition, Ownership Interest Acquired	46.30%		49.20%
Town Shoe Acquisition, Voting Control Interest Acquired			50.00%
Management Fees, Base Revenue	$ 0.3
Proceeds from Royalties Received	0.1	$ 0.1
Related Party Transaction, Due from (to) Related Party	$ 0.9
Class A Common Shares
Schottenstein Affiliates [Abstract]
Related Party Transaction, Number of shares owned by related party (in shares)	7.3
Class B Common Shares
Schottenstein Affiliates [Abstract]
Related Party Transaction, Number of shares owned by related party (in shares)	7.7

Earnings per Share and Shareh44

Earnings per Share and Shareholders' Equity Calculation of Earnings per Share (Details) - shares shares in Thousands	3 Months Ended
	Apr. 29, 2017	Apr. 30, 2016
Reconciliation of the number of shares used in the calculation of diluted earnings (loss) per share [Abstract]
Basic shares	80,217	81,953
Dilutive effect of stock-based compensation awards	515	752
Diluted shares	80,732	82,705

Earnings per Share and Shareh45

Earnings per Share and Shareholders' Equity Anti-Dilutive Securities (Details) - shares shares in Millions	3 Months Ended
	Apr. 29, 2017	Apr. 30, 2016
Diluted earnings per share [Abstract]
Securities outstanding not included in computation of diluted earnings per share	3.9	3.1

Stock-based Compensation (Detai

Stock-based Compensation (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Apr. 29, 2017	Apr. 30, 2016
DSW Stock-Based Compensation Plans [Abstract]
Share-based compensation expense	$ 3,609	$ 3,657
Equity instruments other than options [Roll forward]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant	4,800
Employee Stock Option [Member]
DSW Stock-Based Compensation Plans [Abstract]
Share-based compensation expense	$ 1,751	$ 1,677
Stock Option Activity [Roll Forward]
Outstanding, beginning of period (in shares)	3,799
Granted	1,606
Exercised	(29)
Forfeited	(193)
Outstanding, end of period (in shares)	5,183
Equity instruments other than options [Roll forward]
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate	1.91%	1.50%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate	34.40%	36.00%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term	5 years 5 months 30 days	5 years 4 months 30 days
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate	3.90%	3.00%
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value	$ 4.20	$ 6.59
Restricted Stock Units (RSUs) [Member]
DSW Stock-Based Compensation Plans [Abstract]
Share-based compensation expense	$ 830	$ 1,230
Stock Option Activity [Roll Forward]
Outstanding, beginning of period (in shares)	351
Granted	258
Exercised	(53)
Forfeited	(33)
Outstanding, end of period (in shares)	523
Performance Shares [Member]
DSW Stock-Based Compensation Plans [Abstract]
Share-based compensation expense	$ 977	682
Stock Option Activity [Roll Forward]
Outstanding, beginning of period (in shares)	250
Granted	236
Exercised	(34)
Forfeited	(3)
Outstanding, end of period (in shares)	449
Director Stock Units [Member]
DSW Stock-Based Compensation Plans [Abstract]
Share-based compensation expense	$ 51	$ 68
Stock Option Activity [Roll Forward]
Outstanding, beginning of period (in shares)	311
Granted	5
Exercised	(1)
Forfeited	0
Outstanding, end of period (in shares)	315

Investments (Details)

Investments (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 29, 2017	Jan. 28, 2017	Apr. 30, 2016
Schedule of Investments, Reported Amounts, by Category [Line Items]
Short-term investments	$ 174,193	$ 98,530	$ 97,612
Long-term investments	0	77,904	80,456
Current available for sale Securities Unrecognized Holding Gain	87	101	411
Long-Term Available for Sale Securities Unrecognized Holding Gain	0	133	22
Current Available for Sale Securities Unrecognized Holding Loss	(275)	(364)	(35)
Available-for-sale Securities, Change in Net Unrealized Holding Gain (Loss), Net of Tax	0	(111)	(314)
Carrying value | Available-for-sale Securities [Member]
Schedule of Investments, Reported Amounts, by Category [Line Items]
Short-term investments	174,381	98,793	97,236
Long-term investments	$ 0	$ 77,882	$ 80,748

Fair Value Measurements (Detail

Fair Value Measurements (Details) - USD ($) $ in Thousands	Apr. 29, 2017	Jan. 28, 2017	Apr. 30, 2016
Assets:
Cash and equivalents	$ 79,673	$ 110,657	$ 59,462
Short Term Investments, Fair Value Disclosure	174,193	98,530	97,612
Long Term Investments, Fair Value Disclosure		77,904	80,456
Total assets	253,866	287,091	237,530
Commitments, Fair Value Disclosure	34,288	33,204	57,445
Financial and Nonfinancial Liabilities, Fair Value Disclosure	34,288	33,204	57,445
Notes Receivable, Fair Value Disclosure	46,100	45,700	43,200
Notes Receivable, Related Parties, Noncurrent	52,928	53,121	50,618
Level 1 [Member]
Assets:
Cash and equivalents	79,673	110,657	59,462
Short Term Investments, Fair Value Disclosure	934	2,446	5,676
Long Term Investments, Fair Value Disclosure		431	286
Total assets	80,607	113,534	65,424
Commitments, Fair Value Disclosure	0	0	0
Financial and Nonfinancial Liabilities, Fair Value Disclosure	0	0	0
Level 2 [Member]
Assets:
Cash and equivalents	0	0	0
Short Term Investments, Fair Value Disclosure	173,259	96,084	91,936
Long Term Investments, Fair Value Disclosure		77,473	80,170
Total assets	173,259	173,557	172,106
Commitments, Fair Value Disclosure	0	0	0
Financial and Nonfinancial Liabilities, Fair Value Disclosure	0	0	0
Fair Value, Inputs, Level 3 [Member]
Assets:
Total assets	0	0	0
Commitments, Fair Value Disclosure	34,288	33,204	57,445
Financial and Nonfinancial Liabilities, Fair Value Disclosure	$ 34,288	$ 33,204	$ 57,445

Property and Equipment, Net (De

Property and Equipment, Net (Details) - USD ($) $ in Thousands	Apr. 29, 2017	Jan. 28, 2017	Apr. 30, 2016
Property and equipment [Abstract]:
Land	$ 1,110	$ 1,110	$ 1,110
Buildings and Improvements, Gross	12,485	12,485	12,485
Leasehold Improvements, Gross	395,576	393,505	375,969
Furniture and Fixtures, Gross	414,179	408,653	373,863
Capitalized Computer Software, Gross	134,656	123,460	120,372
Construction in Progress, Gross	25,420	27,456	26,739
Total property and equipment	983,426	966,669	910,538
Accumulated depreciation and amortization	(609,106)	(591,418)	(536,559)
Property and equipment, net	$ 374,320	$ 375,251	$ 373,979

Accrued Expenses (Details)

Accrued Expenses (Details) - USD ($) $ in Thousands	Apr. 29, 2017	Jan. 28, 2017	Apr. 30, 2016
Payables and Accruals [Line Items]
Gift cards and merchandise credits	$ 43,106	$ 45,743	$ 39,385
Compensation	18,762	17,132	18,145
Taxes	19,656	21,764	20,944
Customer loyalty program	12,227	11,502	10,987
Other (1)	42,007	34,193	36,305
Total accrued expenses	$ 135,758	$ 130,334	$ 125,766

Non-Current Liabilities (Detail

Non-Current Liabilities (Details) - USD ($) $ in Thousands	Apr. 29, 2017	Jan. 28, 2017	Apr. 30, 2016
Other Liabilities Disclosure [Abstract]
Construction and tenant allowances	$ 86,803	$ 87,886	$ 87,002
Deferred rent	38,176	37,779	37,931
Other	17,540	15,514	17,760
Total non-current liabilities	$ 142,519	$ 141,179	$ 142,693

Credit Facility (Details)

Credit Facility (Details) $ in Millions	3 Months Ended
	Apr. 29, 2017USD ($)
Debt Instrument [Line Items]
Line of Credit Facility, Initiation Date	Aug. 2, 2013
Line of Credit Facility, Maximum Borrowing Capacity	$ 100
Prior Line of Credit Facility, Initiation Date	Jun. 30, 2010
Line of Credit Facility, Expiration Date	Jul. 31, 2018
Credit Facility [Abstract]
Line of Credit Facility, Additional Borrowing Capacity	$ 50
Line of Credit Facility, Interest Rate Description	Revolving credit loans bear interest under the Credit Facility at our option under: (a) a base rate option at a rate per annum equal to the highest of (i) the Federal Funds Open Rate (as defined in the Credit Facility), plus 0.5%, (ii) the Lender's prime rate, and (iii) the Daily LIBOR Rate (as defined in the Credit Facility) plus 1.0%, plus in each instance an applicable margin, which is between 1.00 and 1.25, based upon revolving credit availability; or (b) a LIBOR option at a rate equal to the LIBOR Rate (as defined in the Credit Facility), plus an applicable margin based upon our revolving credit availability.
Line of Credit Facility, Covenant Terms	In addition, the Credit Facility contains restrictive covenants relating to the management and operation of our business. These covenants, among other things, limit or restrict our ability to grant liens on our assets, limit our ability to incur additional indebtedness, limit our ability to enter into transactions with affiliates and limit our ability to merge or consolidate with another entity.
Credit Facility, Cash and Short Term Investment Requirement	$ 125
Limitation of Capital Expenditures	$ 200

Letter of Credit Agreement (Det

Letter of Credit Agreement (Details) - USD ($) $ in Millions	3 Months Ended
	Apr. 29, 2017	Jan. 28, 2017	Apr. 30, 2016
Letter of Credit [Line Items]
Letter of Credit Facility, Initiation Date	Aug. 2, 2013
Letter of Credit Agreement, Maximum Borrowing Capacity	$ 50
Letter of Credit, Expiration Date	Aug. 2, 2018
Collateral Requirement (Domestic)	103.00%
Letter of Credit Agreement, Cash Collateral Requirement (Foreign Currency)	105.00%
Letters of Credit Outstanding, Amount	$ 2.8	$ 3.8	$ 7.1

Commitments and Contingencies (

Commitments and Contingencies (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 29, 2017	Apr. 30, 2016	Jan. 28, 2017	Mar. 04, 2016	Jan. 30, 2016
Purchase Commitment, Excluding Long-term Commitment [Line Items]
Preliminary Business Combination, Contingent Consideration Liability	$ 0	$ 56,000		$ 56,000
Business Combination, Contingent Consideration, Liability	34,288	57,445	$ 33,204		$ 0
Accretion Expense	1,084	$ 1,445
Contractual Obligations [Abstract]
Purchase Commitment, Remaining Minimum Amount Committed	900
Unrecorded Unconditional Purchase Obligation, Due within Five Years	$ 15,000

Segment Reporting (Details)

Segment Reporting (Details) $ in Thousands	3 Months Ended
	Apr. 29, 2017USD ($)	Apr. 30, 2016USD ($)
Segment Reporting Information [Line Items]
Number of Reportable Segments	2
Segment information [Abstract]
Net sales	$ 691,102	$ 681,267
Gross profit	195,229	204,357
Other Segments [Member]
Segment information [Abstract]
Net sales	22,327	15,096
Gross profit	81	2,125
Affiliated Business Group segment [Member]
Segment information [Abstract]
Net sales	43,988	43,139
Gross profit	10,498	10,813
DSW [Member]
Segment information [Abstract]
Net sales	624,787	623,032
Gross profit	$ 184,650	$ 191,419

Subsequent Events Dividend Decl

Subsequent Events Dividend Declaration (Details)	3 Months Ended
	Apr. 29, 2017$ / shares
Subsequent Events [Abstract]
Common Stock, Dividends, Per Share, Declared	$ 0.20
Dividends Payable, Date to be Paid	Jun. 29, 2017
Dividends Payable, Date of Record	Jun. 15, 2017