FHC (FRAN) 10-K 22 Mar 17 2016 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($) $ in Millions	12 Months Ended
	Jan. 28, 2017	Mar. 15, 2017	Jul. 29, 2016
Document Information [Line Items]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Jan. 28, 2017
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	FY
Entity Registrant Name	Francesca's Holdings CORP
Entity Central Index Key	1,399,935
Current Fiscal Year End Date	--01-28
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Accelerated Filer
Entity Public Float			$ 478.3
Trading Symbol	FRAN
Entity Common Stock, Shares Outstanding		37,541,359

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jan. 28, 2017	Jan. 30, 2016
Current assets:
Cash and cash equivalents	$ 53,202	$ 56,224
Accounts receivable	5,605	9,580
Inventories	23,958	31,541
Deferred income taxes	8,487	6,411
Prepaid expenses and other current assets	8,823	7,013
Total current assets	100,075	110,769
Property and equipment, net	80,484	77,894
Deferred income taxes	6,978	3,847
Other assets, net	2,056	1,067
TOTAL ASSETS	189,593	193,577
Current liabilities:
Accounts payable	9,205	14,305
Accrued liabilities	25,761	16,328
Total current liabilities	34,966	30,633
Landlord incentives and deferred rent	38,092	36,552
Total liabilities	73,058	67,185
Commitments and contingencies
Stockholders’ equity:
Common stock-$.01 par value, 80.0 million shares authorized, 46.1 million and 45.9 million shares issued as of January 28, 2017 and January 30, 2016, respectively.	461	459
Additional paid-in capital	109,008	107,693
Retained earnings	143,557	101,556
Treasury stock, at cost - 8.5 million and 4.8 million shares held at January 28, 2017 and January 30, 2016, respectively.	(136,491)	(83,316)
Total stockholders’ equity	116,535	126,392
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 189,593	$ 193,577

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares shares in Millions	Jan. 28, 2017	Jan. 30, 2016
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	80	80
Common stock, shares issued	46.1	45.9
Treasury stock, shares	8.5	4.8

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Jan. 28, 2017	Jan. 30, 2016	Jan. 31, 2015
Net sales	$ 487,188	$ 439,377	$ 377,497
Cost of goods sold and occupancy costs	258,561	229,673	199,919
Gross profit	228,627	209,704	177,578
Selling, general and administrative expenses	160,702	147,387	124,804
Income from operations	67,925	62,317	52,774
Interest expense	(464)	(457)	(623)
Other income (expense)	147	(151)	88
Income before income tax expense	67,608	61,709	52,239
Income tax expense	25,607	23,557	20,131
Net income	$ 42,001	$ 38,152	$ 32,108
Basic earnings per common share	$ 1.09	$ 0.91	$ 0.76
Diluted earnings per common share	$ 1.09	$ 0.91	$ 0.76
Weighted average shares outstanding:
Basic shares	38,429	42,013	42,259
Diluted shares	38,551	42,117	42,380

Consolidated Statement of Chang

Consolidated Statement of Changes in Stockholders' Equity - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock Outstanding	Common Stock	Additional Paid-in Capital	Retained Earnings	Treasury Stock, at cost
Balance at Feb. 01, 2014	$ 78,067		$ 452	$ 101,192	$ 31,296	$ (54,873)
Balance (in shares) at Feb. 01, 2014		42,349
Net income	32,108		0	0	32,108	0
Stock-based compensation	2,668		0	2,668	0	0
Restricted stocks issued, net of forfeitures	0		0	0	0	0
Restricted stocks issued, net of forfeitures (in shares)		2
Stock options exercised	1,332		3	1,329	0	0
Stock options exercised (in shares)		232
Tax effect of stock-based compensation	309			309	0	0
Repurchases of common stock	$ (5,270)		0	0	0	(5,270)
Repurchases of common stock (in shares)	(285)	(285)
Balance at Jan. 31, 2015	$ 109,214		455	105,498	63,404	(60,143)
Balance (in shares) at Jan. 31, 2015		42,298
Net income	38,152		0	0	38,152	0
Stock-based compensation	2,932		0	2,932	0	0
Restricted stocks issued, net of forfeitures	0		3	(3)	0	0
Restricted stocks issued, net of forfeitures (in shares)		273
Stock options exercised	499		1	498	0	0
Stock options exercised (in shares)		100
Tax effect of stock-based compensation	(1,232)			(1,232)	0	0
Repurchases of common stock	$ (23,173)		0	0	0	(23,173)
Repurchases of common stock (in shares)	(1,576)	(1,576)
Balance at Jan. 30, 2016	$ 126,392		459	107,693	101,556	(83,316)
Balance (in shares) at Jan. 30, 2016		41,095
Net income	42,001		0	0	42,001	0
Stock-based compensation	1,016		0	1,016	0	0
Restricted stocks issued, net of forfeitures	2		2	0	0	0
Restricted stocks issued, net of forfeitures (in shares)		200
Stock options exercised	$ 512		0	512	0	0
Stock options exercised (in shares)	50	50
Tax effect of stock-based compensation	$ (213)			(213)	0	0
Repurchases of common stock	$ (53,175)		0	0	0	(53,175)
Repurchases of common stock (in shares)	(3,804)	(3,804)
Balance at Jan. 28, 2017	$ 116,535		$ 461	$ 109,008	$ 143,557	$ (136,491)
Balance (in shares) at Jan. 28, 2017		37,541

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Jan. 28, 2017	Jan. 30, 2016	Jan. 31, 2015
Cash Flows Provided by Operating Activities:
Net income	$ 42,001	$ 38,152	$ 32,108
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	19,337	16,816	13,151
Stock-based compensation expense	1,016	2,932	2,668
Excess tax benefit from stock-based compensation	(34)	(236)	(309)
Impairment charges	141	790	2,470
Loss on disposal of assets	407	487	364
Amortization of debt issuance costs	245	245	245
Deferred income taxes	(5,411)	(3,226)	(1,600)
Changes in assets and liabilities:
Accounts receivable	3,975	2,935	(2,986)
Inventories	7,583	(7,740)	813
Prepaid expenses and other assets	(3,160)	(524)	373
Accounts payable	(4,936)	4,137	(363)
Accrued liabilities	9,467	4,424	2,081
Landlord incentives and deferred rent	1,540	3,675	5,429
Net cash provided by operating activities	72,171	62,867	54,444
Cash Flows Used in Investing Activities:
Purchase of property and equipment	(21,852)	(24,276)	(24,255)
Other	8	12	13
Net cash used in investing activities	(21,844)	(24,264)	(24,242)
Cash Flows Used in Financing Activities:
Repurchases of common stock	(53,853)	(22,185)	(5,270)
Proceeds from the exercise of stock options	512	499	1,332
Excess tax benefit from stock-based compensation	34	236	309
Taxes paid related to net settlement of equity awards	(42)	0	0
Repayment of borrowings under the revolving credit facility	0	0	(25,000)
Net cash used in financing activities	(53,349)	(21,450)	(28,629)
Net increase in cash and cash equivalents	(3,022)	17,153	1,573
Cash and cash equivalents, beginning of year	56,224	39,071	37,498
Cash and cash equivalents, end of year	53,202	56,224	39,071
Supplemental Disclosures of Cash Flow Information:
Cash paid for income taxes	19,324	23,958	24,088
Interest paid	$ 192	$ 190	$ 388

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Jan. 28, 2017
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	1. Summary of Significant Accounting Policies Nature of Business Francesca’s Holdings Corporation (the “Company” or “Holdings”) is a holding company incorporated in 2007 671 48 The Company maintains its accounts on a 52- to 53- week year ending on the Saturday closest to January 31. All references herein to fiscal year “2016” represents the 52-week period ended January 28, 2017, fiscal year “2015” represents the 52-week period ended January 30, 2016 and fiscal year “2014” represents the 52-week period ended January 31, 2015. The accompanying consolidated financial statements include the accounts of the Company and all its subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation. The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America 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 the reported amounts of revenues, net of estimated sales return, and expenses during the reporting periods. Actual results could differ from those estimates. 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 measured at fair value are classified using the following hierarchy, which is based upon the transparency of inputs to the valuation at the measurement date. · Level 1 - Quoted prices in active markets for identical assets or liabilities. · Level 2 - Inputs, other than the quoted prices in active markets, that are observable either directly or indirectly. · Level 3 - Unobservable inputs based on the Company’s own assumptions. The classification of fair value measurements within the hierarchy is based upon the lowest level of input that is significant to the measurement. Financial assets and liabilities with carrying amounts approximating fair value include cash and cash equivalents, accounts receivable, accounts payable and accrued liabilities. The carrying amount of these financial assets and liabilities approximates fair value because of their short maturities. Non-financial assets and liabilities, including long-lived assets, are measured at fair value on a non-recurring basis. The fair value of those assets is determined using Level 3 inputs which generally requires the Company to make estimates of future cash flows based on historical experience, current trends, market conditions and other relevant factors deemed material. The Company considers all interest-bearing deposits and investments purchased with an original maturity of three months or less to be cash equivalents. The Company maintains cash balances at financial institutions that may from time to time exceed the Federal Deposit Insurance Corporation’s insurance limits. The Company mitigates this concentration of credit risk by monitoring the credit worthiness of the financial institutions Accounts receivable consist of amounts due from credit card companies, tenant allowances due from landlords and income tax refund receivable. The Company’s management has reviewed accounts receivable for collectability and has determined that an allowance for doubtful accounts is not necessary at January 28, 2017 and January 30, 2016. The Company values merchandise inventory at the lower of cost or market on a weighted-average cost basis. Inventory costs include freight costs. The Company records merchandise receipts at the time they are delivered to the distribution center or to its boutiques directly from vendors. The Company reviews its inventory levels to identify slow-moving merchandise. In order to clear slow-moving merchandise, the Company uses promotional markdowns or marks certain items out-of-stock and disposes of such inventory at a pace suitable for its merchandising strategy. Each period, the Company evaluates recent selling trends and the related promotional events or pricing strategies in place to sell through the current inventory levels. The Company also estimates a shrinkage reserve for the period of time between the last physical count and the balance sheet date. The estimate for shrinkage reserve can be affected by changes in merchandise mix and changes in actual shrinkage trends. Assets Estimated Useful Lives Equipment 3 - 5 years Furniture and fixtures 5 years Software, including software developed for internal use 3 - 9 years Signage and leasehold improvements the lesser of 5 - 10 years or lease term Assets under construction are not depreciated until the asset is placed in service and / or ready for use. When a decision is made to dispose of property and equipment prior to the end of its previously estimated useful life, the Company accelerates depreciation to reflect the use of the asset over the shortened estimated useful life. Maintenance and repairs of property and equipment are expensed as incurred, and major improvements are capitalized. Upon retirement, sale or other disposition of property and equipment, the cost and accumulated depreciation are eliminated from the accounts, and any gain or loss is reflected in current earnings. The Company evaluates long-lived assets held for use and held for sale whenever events or changes in circumstances indicate that the carrying amount of those assets may not be recoverable. Assets are grouped and evaluated for impairment at the lowest level for which there are identifiable cash flows, which is generally at the boutique level. Long-lived assets are reviewed for impairment using factors including, but not limited to, the Company’s current and future operating plans and projected cash flows. The determination of whether impairment has occurred is based on an estimate of undiscounted future cash flows directly related to the assets compared to its carrying value. If the carrying value of the asset is greater than the sum of the undiscounted future cash flows, an impairment loss is recognized for the difference between the carrying value and the estimated fair value of the asset; provided, however, that no other facts or circumstances indicate that recognition of such loss is premature. Fair value is determined using Level 3 inputs based on discounted future cash flows associated with the asset using a discount rate commensurate with the risk. At the time a decision is made to close a boutique, the Company accelerates depreciation over the revised useful life of the asset. Impairment charges related to boutique assets in fiscal year 2016, 2015 and 2014 were $ 0.1 0.2 0 0.6 2.5 ecommerce The Company leases boutiques and its distribution center and office space under operating leases. The majority of the Company’s lease agreements provide for tenant improvement allowances, rent escalation clauses and/or contingent rent provisions. The Company records rent expense on a straight-line basis over the lease term, which generally begins on the possession date. Certain leases provide for contingent rents, in addition to a basic fixed rent, which are determined as a percentage of gross sales in excess of specified levels. The Company records a contingent rent liability and the corresponding rent expense when specified levels have been achieved or when management determines that achieving the specified levels during the fiscal year is probable. Landlord incentives, such as tenant improvement allowances, are deferred and amortized on a straight-line basis over the lease term as a reduction of rent expense. The Company recognizes revenue upon purchase of merchandise by customers, net of estimated merchandise returns and sales tax collected. For boutique sales, revenue is recognized at the point at which the customer receives and pays for the merchandise at the register. For ecommerce sales, revenue is recognized upon delivery and includes shipping charges. Management estimates future returns on previously sold merchandise based on return history and current sales levels. Estimated sales returns are periodically compared to actual sales returns and adjusted, if appropriate. The Company accounts for the sale of gift cards as a liability at the time a gift card is sold. The liability is relieved and revenue is recognized upon redemption of the gift card. The Company’s gift cards do not have an expiration date. Income from gift card breakage is recognized when the likelihood of redemption is deemed to be remote based on historical redemption patterns. The Company recognized $ 0.2 0.2 0.1 Cost of goods sold and occupancy costs include the cost of purchased merchandise, freight costs from the Company’s suppliers to its distribution centers and freight costs for merchandise shipped directly from its vendors to its boutiques, allowances for inventory shrinkage and obsolescence, boutique occupancy costs including rent, utilities, common area maintenance, property taxes, boutique assets depreciation, boutique repair and maintenance costs, and shipping costs related to ecommerce sales. Selling, general and administrative expenses include boutique and headquarters payroll (including buying department), employee benefits, freight from distribution centers to boutiques, boutique pre-opening expense, credit card merchant fees, costs of maintaining and operating the Company’s ecommerce business, travel and administration costs, corporate asset depreciation, stock-based compensation and other expenses related to operations at the corporate headquarters. Freight costs included in selling, general and administrative expenses amounted to $ 4.2 5.0 3.8 Advertising costs are charged to expense as incurred or, in the case of media production costs (such as television or print), when advertising first takes place. Advertising costs were $ 2.5 1.1 1.1 Stock-based compensation is measured at the grant date fair value and recognized as expense over the requisite service period (generally the vesting period of the award) for awards that are expected to vest. The fair value of time-based stock options was estimated using the Black Scholes option pricing model. The fair value of market-based stock options was estimated using a Monte-Carlo simulation method. Both methods require extensive use of accounting judgment and estimates, including expected stock volatility, expected term, risk-free interest rate and expected dividend yield. The fair value of restricted stock awards is determined based on the closing price of the Company’s common stock on the award date. For awards subject to performance conditions, compensation expense is recognized over the requisite service period when it is probable that the specified performance goals will be achieved. The Company accounts for income taxes using the liability method. Under this method, the amount of taxes currently payable or refundable is accrued, and deferred tax assets and liabilities are recognized for the estimated future tax consequences of temporary differences that currently exist between the tax basis and the financial reporting basis of the Company’s assets and liabilities. Valuation allowances are established against deferred tax assets when it is more-likely-than-not that the realization of those deferred tax assets will not occur. Deferred tax assets and liabilities are measured using the enacted tax rates in effect in the years when those temporary differences are expected to reverse. The effect on deferred taxes from a change in tax rate is recognized through continuing operations in the period that includes the enactment date of the change. Changes in tax laws and rates could affect recorded deferred tax assets and liabilities in the future. A tax benefit from an uncertain tax position may be recognized when it is more-likely-than-not that the position will be sustained upon examination, including resolutions of any related appeals or litigation processes, based on the technical merits. Income tax positions must meet a more-likely-than-not recognition threshold to be recognized. The Company recognizes tax liabilities for uncertain tax positions and adjusts these liabilities when the Company’s judgment changes as a result of the evaluation of new information not previously available. Interest and penalties related to unrecognized tax benefits are recognized in income tax expense. The Company has no uncertain tax positions requiring accrual at January 28, 2017 and January 30, 2016. In March 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2016-9, “Improvements to Employee Share-Based Payment Arrangements”, which amends Accounting Standards Codification (“ASC”) Topic 718, Stock Compensation. The new guidance intends to simplify several aspects of the accounting for share-based payments, including income tax consequences, classification of awards as either equity or liabilities, forfeitures and classification on the statement of cash flows. ASU 2016-9 is effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period, with early adoption permitted. The new guidance includes the following adoption methods depending on the provision being adopted: (1) amendments related to the timing of when excess tax benefits are recognized, minimum statutory withholding requirements and forfeitures should be applied using a modified retrospective transition method, (2) amendments related to the presentation of employee taxes paid on the statement of cash flows should be applied retrospectively, (3) amendments requiring recognition of excess tax benefits and deficiencies in the income statement should be applied prospectively, and (4) amendments related to the presentation of excess tax benefits on the statement of cash flows should be applied either prospectively or retrospectively. this 0.1 In March 2016, the FASB issued ASU 2016-4 “Liabilities - Extinguishments of Liabilities (Subtopic 405-20), Recognition of Breakage for Certain Prepaid Stored-Value Products.” The new guidance allows a company to derecognize amounts related to expected breakage to the extent that it is probable that a significant reversal of the recognized breakage amount will not subsequently occur. ASU 2016-4 is effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2017, with early adoption permitted. The amended standard may be adopted on either a modified retrospective or a retrospective basis. The Company is currently evaluating the impact of adopting the new guidance on the consolidated financial statements. In February 2016, the FASB issued ASU 2016-2, “Leases (Topic 842).” The new guidance, among other things, requires lessees to recognize the following for all leases (with the exception of short-term leases) at the commencement date: (i) a lease liability, which is a lessee’s obligation to make lease payments arising from a lease, measured on a discounted basis and (ii) a right-of-use asset, which is an asset that represents the lessee’s right to use, or control the use of, a specified asset for the lease term. Under the new guidance, lessor accounting is largely unchanged. Certain targeted improvements were made to align, where necessary, lessor accounting with the lessee accounting model and Topic 606, Revenue from Contracts with Customers. ASU 2016-2 will be effective for public business entities for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Early application is permitted for all public business entities upon issuance. The Company is currently evaluating the impact of adopting the new guidance on the consolidated financial statements. In November 2015, the FASB issued ASU 2015-17, “Income Taxes - Balance Sheet Classification of Deferred Taxes.” The new guidance simplifies the presentation of deferred income taxes by permitting classification of all deferred tax assets and liabilities as noncurrent on the consolidated balance sheet. The new guidance is effective for annual periods beginning after December 15, 2016, including interim periods within that fiscal year, with early adoption permitted. The amended standard may be adopted on either a prospective or a retrospective basis. The Company does not expect the adoption of this guidance to have a material impact on its consolidated financial statements. In July 2015, the FASB issued ASU 2015-11, “Inventory (Topic 330): Simplifying the Measurement of Inventory,” which changes the measurement principle for inventory from the lower of cost or market to the lower of cost and net realizable value. ASU 2015-11 defines net realizable value as estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation. The new guidance must be applied on a prospective basis and is effective for periods beginning after December 15, 2016, with early adoption permitted. The Company does not expect the adoption of this guidance to have a material impact on its consolidated financial statements. In May 2014 the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers.” This pronouncement requires entities to recognize revenue in a way that depicts the transfer of promised goods or services to customers in an amount that reflects the consideration which the entity expects to be entitled to in exchange for those goods and services. In August 2015, the FASB deferred the effective date of ASU 2014-09. Accordingly, this standard is effective for reporting periods beginning on or after December 15, 2017, including interim periods within that fiscal year, with early adoption permitted for interim and annual periods beginning on or after December 15, 2016. Since the original issuance of ASU 2014-09, the FASB has issued several amendments and updates to this guidance, and additional amendments and updates are currently being considered by the FASB. The Company performed an assessment of the significant sources of revenue and based on this assessment, the Company does not believe that the adoption of this guidance, including any of the policy elections required or permitted by the guidance, will have a material impact on its consolidated financial statements. Additionally, the Company believes that the adoption of this guidance will not have a significant impact on the Company’s current processes, systems or controls.

Earnings per Share

Earnings per Share	12 Months Ended
	Jan. 28, 2017
Earnings Per Share [Abstract]
Earnings Per Share	2. Basic earnings per common share amounts are calculated using the weighted-average number of common shares outstanding for the period. Diluted earnings per common share amounts are calculated using the weighted-average number of common shares outstanding for the period and include the dilutive impact of stock options and restricted stock using the treasury stock method. Fiscal Years Ended January 28, January 30, January 31, 2017 2016 2015 (In thousands, except per share data) Numerator: Net income $ 42,001 $ 38,152 $ 32,108 Denominator: Weighted-average common shares outstanding-basic 38,429 42,013 42,259 Options and other dilutive securities 122 104 121 Weighted-average common shares outstanding-diluted 38,551 42,117 42,380 Per common share: Basic earnings per common share $ 1.09 $ 0.91 $ 0.76 Diluted earnings per common share $ 1.09 $ 0.91 $ 0.76 Potentially issuable shares under the Company’s stock-based compensation plan amounting to approximately 0.3 0.5 0.8 0.2 1.0 1.1

Detail of Certain Balance Sheet

Detail of Certain Balance Sheet Accounts	12 Months Ended
	Jan. 28, 2017
Detail Of Certain Balance Sheet Accounts [Abstract]
Detail of Certain Balance Sheet Accounts	3. Detail of Certain Balance Sheet Accounts As of Fiscal Year Ended January 28, January 30, 2017 2016 (in thousands) Accounts receivable: Credit card receivables $ 3,155 $ 3,241 Tenant allowances 2,236 548 Income tax receivable - 5,627 Others 214 164 $ 5,605 $ 9,580 Property and equipment, net: Signage and leasehold improvements $ 104,146 $ 90,051 Furniture and fixtures 20,306 18,094 Equipment 6,493 5,234 Software 7,823 7,368 Construction in progress 8,554 7,371 Total 147,322 128,118 Less accumulated depreciation (66,838) (50,224) $ 80,484 $ 77,894 Accrued liabilities: Gift cards $ 9,957 $ 8,435 Accrued payroll, benefits and bonuses 8,470 6,622 Accrued sales tax 1,202 1,256 Accrued interest 16 15 Income tax payable 6,116 - $ 25,761 $ 16,328 Landlord incentives and deferred rent: Landlord incentives $ 25,905 $ 25,161 Deferred rent 12,187 11,391 $ 38,092 $ 36,552

Income Taxes

Income Taxes	12 Months Ended
	Jan. 28, 2017
Income Tax Disclosure [Abstract]
Income Taxes	4. Income Taxes Fiscal Years Ended January 28, January 30, January 31, 2017 2016 2015 (in thousands) Current: Federal $ 27,306 $ 23,472 $ 18,498 State 3,712 3,311 3,345 Total 31,018 26,783 21,843 Deferred: Federal (4,526) (2,684) (1,069) State (885) (542) (643) Total (5,411) (3,226) (1,712) Income tax expense $ 25,607 $ 23,557 $ 20,131 Fiscal Years Ended January 28, January 30, January 31, 2017 2016 2015 Income tax expense at statutory rate 35.0 % 35.0 % 35.0 % Nondeductible expenses 0.2 0.1 0.1 State tax, net of federal benefit 2.8 3.1 2.9 Other (0.1) 0.0 0.5 Effective tax rate 37.9 % 38.2 % 38.5 % As of Fiscal Year Ended January 28, January 30, 2017 2016 (in thousands) Deferred tax assets: Inventories $ 4,125 $ 1,058 Accrued liabilities 4,362 5,201 Landlord incentives and deferred rents 13,978 14,032 Equity based compensation 2,061 2,114 Other 49 53 Total deferred tax assets 24,575 22,458 Deferred tax liabilities Property and equipment (9,110) (12,200) Total deferred tax liabilities (9,110) (12,200) Net deferred tax assets $ 15,465 $ 10,258 The Company’s tax years are subject to examination by federal authorities from 2013 2012

Revolving Credit Facility

Revolving Credit Facility	12 Months Ended
	Jan. 28, 2017
Debt Disclosure [Abstract]
Revolving Credit Facility	Revolving Credit Facility On August 30, 2013 75.0 10.0 August 30, 2018 25.0 All obligations under the Second Amended and Restated Credit Agreement are unconditionally guaranteed by, subject to certain exceptions, the Parent and each of Francesca’s Collections’ existing and future direct and indirect wholly-owned domestic subsidiaries. There are currently no subsidiary guarantors for the Second Amended and Restated Credit Agreement because Francesca’s Collections does not currently have any subsidiaries. All obligations under the Second Amended and Restated Credit Agreement, and the guarantees of those obligations (as well as cash management obligations and any interest rate hedging or other swap agreements), are secured by substantially all of Francesca’s Collections’ assets as well as the assets of any subsidiary guarantor. Additionally, the Second Amended and Restated Credit Agreement contains customary events of default and requires Francesca’s Collections to comply with certain financial covenants. Francesca’s Collections is permitted to pay dividends to the extent it has available capacity in its available investment basket (as defined in the Second Amended and Restated Credit Agreement), no default or event of default is continuing, certain procedural requirements have been satisfied and Francesca’s Collections is in pro forma compliance with a maximum secured leverage ratio. As of January 28, 2017, Francesca’s Collections was in compliance with all covenants under the Second Amended and Restated Credit Agreement. At January 28, 2017, Francesca’s Collections would have met the conditions for paying dividends out of the available investment basket, including compliance with the required total secured leverage ratio. The borrowings under the Second Amended and Restated Credit Agreement bear interest at a rate equal to an applicable margin plus, at the option of Francesca’s Collection’s, either (a) in the case of base rate borrowings, a rate equal to the highest of (1) the prime rate of Royal Bank of Canada, (2) the federal funds rate plus 1/2 of 1%, and (3) the LIBOR for an interest period of one month plus 1.00 0.75 1.25 1.75 2.25 0.25 0.38

Share Repurchases

Share Repurchases	12 Months Ended
	Jan. 28, 2017
Stockholders' Equity Note [Abstract]
Share Repurchases	6. Share Repurchases On September 3, 2013, the Company’s Board of Directors authorized a $ 100.0 On March 15, 2016, the Company’s Board of Directors authorized an additional $ 100.0 Fiscal Year Ended January 28, 2017 January 30, 2016 January 31, 2015 (in thousands, except per share data) Number of shares repurchased 3,804 1,576 285 Total cost of shares repurchased $ 53,175 $ 23,173 $ 5,270 Average price (including brokers' commission) $ 13.98 $ 14.70 $ 18.49 At January 28, 2017, there was $ 63.7

Stock-based Compensation

Stock-based Compensation	12 Months Ended
	Jan. 28, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation	7. Stock-Based Compensation Fiscal Year Ended January 28, 2017 January 30, 2016 January 31, 2015 (in thousands) Stock options $ (809) $ 2,418 $ 2,527 Restricted stocks 1,825 514 141 Stock-based compensation expense $ 1,016 $ 2,932 $ 2,668 The tax benefit realized in fiscal year 2016, 2015 and 2014 totaled $ 0.3 0.5 1.1 On May 15, 2016, Michael W. Barnes resigned from his positions as Chairman, President and Chief Executive Officer of the Company. As a result of such resignation, the following outstanding and unvested stock-based awards previously granted to him were forfeited. ⋅ Market- and time-based employee stock options providing Mr. Barnes with the right to purchase 1.0 ⋅ Performance-and time-based restricted stock awards providing Mr. Barnes with the contingent right to receive 0.3 The resignation of Mr. Barnes resulted in the reversal of $2.6 million of previously accrued stock-based compensation expense related to these unvested awards. This reversal was recorded during the thirteen weeks ended July 30, 2016. Stock Incentive Plans 2010 Stock Incentive Plan On February 27, 2010, the Company adopted the Francesca’s Holdings Corporation 2010 Stock Incentive Plan (the “2010 Plan”) to be administered by the Board or a Committee. Under the 2010 Plan, awards may be in the form of stock options, stock or restricted stock and may be granted to any officers, directors, eligible employees and consultants of the Company. Exercise prices shall not be less than the fair market value of the Company’s common stock at the date of grant as determined by the Board. The awards generally vest over four five ten 2011 Stock Incentive Plan On July 14, 2011, the 2011 Equity Incentive Plan (the “2011 Plan”) was approved by the stockholders and became immediately effective. Under the 2011 Plan, awards may be in the form of nonqualified stock options, stock appreciation rights, stock bonuses, restricted stock, performance stock and other stock-based awards which can be granted to any officers, directors, employees and consultants of the Company. A total of 3.2 three five ten 2015 Stock Incentive Plan On June 9, 2015, the 2015 Equity Incentive Plan (the “2015 Plan”) was approved by the stockholders and became immediately effective. Under the 2015 Plan, awards may be in the form of nonqualified stock options, stock appreciation rights, stock bonuses, restricted stock, stock units, performance stock and other stock-based awards which can be granted to any officers, directors, employees and consultants of the Company. A total of 1.2 three five ten 2.1 Stock Options Weighted Average Weighted Remaining Number of Average Contractual Aggregate Options Exercise Price Life Intrinsic Value (in thousands) (Per share data) (in Years) (In thousands) Stock options outstanding as of January 30, 2016 1,519 $ 13.55 Granted 38 $ 10.44 Exercised (50) $ 10.19 Forfeited (1,000) $ 11.56 Expired (40) $ 26.58 Stock options outstanding as of January 28, 2017 467 $ 16.96 6 $ 1,697 Stock options exercisable as of January 28, 2017 282 $ 16.96 5 $ 1,280 During fiscal years 2016, 2015 and 2014 stock options were granted at a weighted-average grant date fair value of $ 4.89 8.44 6.04 0.4 1.2 2.8 Fiscal Year 2016 2015 2014 Expected volatility (1) 54.2 % 54.0 % 57.0% - 60.3 % Expected term (in years) (2) 5.5 6.5 6.0 - 7.5 Risk-free interest rate (3) 1.2 % 1.9 % 1.9% - 2.0 % Expected dividend yield (4) - - - 1) Prior to fiscal year 2015, expected volatility is estimated using historical and implied volatilities of similar entities whose share prices are publicly available, including Company specific data. Beginning in fiscal year 2015, volatility was estimated using the historical volatility of the Company’s own common stock. 2) Due to lack of sufficient historical data, the expected term was determined using the “simplified method” as allowed by SEC Staff Accounting Bulletin Topic 14D2. 3) The risk-free interest rate was determined based on the rate of treasury instruments with maturities similar to those of the expected term of the award being valued. 4) The expected dividend yield was based on the Company’s expectations of not paying dividends on its common stock for the foreseeable future. As of January 28, 2017, there was approximately $ 1.2 2 Restricted Stock Weighted Number of Average Grant Shares Date Fair Value (in thousands) (Per share data) Non-vested restricted stocks as of January 30, 2016 117 $ 15.35 Granted 599 $ 16.44 Vested (21) 14.24 Forfeited (259) $ 17.55 Non-vested restricted stocks as of January 28, 2017 436 $ 15.86 During fiscal year 2016, the Company granted approximately 0.4 0 150 In October 2016, the Company granted 0.1 The remaining restricted stock granted during fiscal year 2016 are subject to service condition only. During fiscal years 2016, 2015 and 2014, restricted stocks were granted at a fair value of $ 16.44 15.48 16.12 0.3 0 0.1 4.6 2

Employee Benefits

Employee Benefits	12 Months Ended
	Jan. 28, 2017
Compensation and Retirement Disclosure [Abstract]
Employee Benefits	8. Employee Benefits The Company has adopted Francesca’s Collections, Inc. 401(k) Retirement Plan (the “401(k) Plan”) under which full-time and part-time employees who are at least 21 six 4 0.6 0.5 0.5

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Jan. 28, 2017
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	9. Commitments and Contingencies Operating leases The Company leases boutique space and office space under operating leases expiring in various years through the fiscal year ending 2028 Fiscal Year Amount (in thousands) 2017 $ 44,393 2018 43,672 2019 40,881 2020 35,305 2021 28,414 Thereafter 69,573 $ 262,238 During fiscal years 2016, 2015 and 2014, rent expense totaled $ 38.7 35.3 30.1 Legal Proceedings The Company, from time to time, is subject to various claims and legal proceedings arising in the ordinary course of business. While the outcome of any such claim cannot be predicted with certainty, in the opinion of management, the outcome of these matters will not have a material adverse effect on the Company’s business, results of operations or financial condition.

Segment Reporting

Segment Reporting	12 Months Ended
	Jan. 28, 2017
Segment Reporting [Abstract]
Segment Reporting	10. The Company determined that it has one operating and reportable segment, which includes the operation of boutiques and its ecommerce website. The single segment was identified based on how the Company internally manages and evaluates its business. The Company also considered the similarity of merchandise offered, the customers served in boutiques and through the ecommerce business and materiality. All of the Company’s identifiable assets are located in the United States. Fiscal Year Ended January 28, January 30, January 31, 2017 2016 2015 (in thousands) Apparel $ 240,576 $ 212,371 $ 180,736 Jewelry 109,642 96,337 81,751 Accessories 73,480 71,252 65,270 Gifts 62,008 58,387 48,981 Merchandise sales 485,706 438,347 376,738 Others (1) 1,482 1,030 759 Net sales $ 487,188 $ 439,377 $ 377,497 1) Includes gift card breakage income, shipping and change in return reserve.

Quarterly Financial Data (Unaud

Quarterly Financial Data (Unaudited)	12 Months Ended
	Jan. 28, 2017
Quarterly Financial Information Disclosure [Abstract]
Quarterly Financial Data (Unaudited)	11. Quarterly Financial Data (Unaudited) Fiscal Year 2016 Fourth Third Second First Quarter Quarter Quarter Quarter (in thousands, except per share data) Net sales $ 146,345 $ 119,470 $ 115,260 $ 106,113 Gross profit 67,933 57,627 53,937 49,130 Income from operations 23,584 15,755 17,122 11,464 Net income 14,635 9,694 10,591 7,081 Basic earnings per common share 0.39 0.26 0.27 0.18 Diluted earnings per common share 0.39 0.26 0.27 0.18 Fiscal Year 2015 Fourth Third Second First Quarter Quarter Quarter Quarter (in thousands, except per share data) Net sales $ 134,605 $ 103,728 $ 106,033 $ 95,011 Gross profit 66,137 48,366 50,308 44,893 Income from operations 24,172 11,080 15,175 11,890 Net income 14,656 6,951 9,304 7,241 Basic earnings per common share 0.36 0.16 0.22 0.17 Diluted earnings per common share 0.35 0.16 0.22 0.17

Summary of Significant Accoun18

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Jan. 28, 2017
Accounting Policies [Abstract]
Fiscal Year	Fiscal Year The Company maintains its accounts on a 52- to 53- week year ending on the Saturday closest to January 31. All references herein to fiscal year “2016” represents the 52-week period ended January 28, 2017, fiscal year “2015” represents the 52-week period ended January 30, 2016 and fiscal year “2014” represents the 52-week period ended January 31, 2015.
Principles of Consolidation	Principles of Consolidation and Presentation The accompanying consolidated financial statements include the accounts of the Company and all its subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation.
Management Estimates and Assumptions	Management Estimates and Assumptions The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America 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 the reported amounts of revenues, net of estimated sales return, and expenses during the reporting periods. Actual results could differ from those estimates.
Fair Value Measurements	Fair Value Measurements 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 measured at fair value are classified using the following hierarchy, which is based upon the transparency of inputs to the valuation at the measurement date. · Level 1 - Quoted prices in active markets for identical assets or liabilities. · Level 2 - Inputs, other than the quoted prices in active markets, that are observable either directly or indirectly. · Level 3 - Unobservable inputs based on the Company’s own assumptions. The classification of fair value measurements within the hierarchy is based upon the lowest level of input that is significant to the measurement. Financial assets and liabilities with carrying amounts approximating fair value include cash and cash equivalents, accounts receivable, accounts payable and accrued liabilities. The carrying amount of these financial assets and liabilities approximates fair value because of their short maturities. Non-financial assets and liabilities, including long-lived assets, are measured at fair value on a non-recurring basis. The fair value of those assets is determined using Level 3 inputs which generally requires the Company to make estimates of future cash flows based on historical experience, current trends, market conditions and other relevant factors deemed material.
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers all interest-bearing deposits and investments purchased with an original maturity of three months or less to be cash equivalents. The Company maintains cash balances at financial institutions that may from time to time exceed the Federal Deposit Insurance Corporation’s insurance limits. The Company mitigates this concentration of credit risk by monitoring the credit worthiness of the financial institutions
Accounts Receivable	Accounts Receivable Accounts receivable consist of amounts due from credit card companies, tenant allowances due from landlords and income tax refund receivable. The Company’s management has reviewed accounts receivable for collectability and has determined that an allowance for doubtful accounts is not necessary at January 28, 2017 and January 30, 2016.
Inventory	Inventory The Company values merchandise inventory at the lower of cost or market on a weighted-average cost basis. Inventory costs include freight costs. The Company records merchandise receipts at the time they are delivered to the distribution center or to its boutiques directly from vendors. The Company reviews its inventory levels to identify slow-moving merchandise. In order to clear slow-moving merchandise, the Company uses promotional markdowns or marks certain items out-of-stock and disposes of such inventory at a pace suitable for its merchandising strategy. Each period, the Company evaluates recent selling trends and the related promotional events or pricing strategies in place to sell through the current inventory levels. The Company also estimates a shrinkage reserve for the period of time between the last physical count and the balance sheet date. The estimate for shrinkage reserve can be affected by changes in merchandise mix and changes in actual shrinkage trends.
Property and Equipment	Assets Estimated Useful Lives Equipment 3 - 5 years Furniture and fixtures 5 years Software, including software developed for internal use 3 - 9 years Signage and leasehold improvements the lesser of 5 - 10 years or lease term Assets under construction are not depreciated until the asset is placed in service and / or ready for use. When a decision is made to dispose of property and equipment prior to the end of its previously estimated useful life, the Company accelerates depreciation to reflect the use of the asset over the shortened estimated useful life. Maintenance and repairs of property and equipment are expensed as incurred, and major improvements are capitalized. Upon retirement, sale or other disposition of property and equipment, the cost and accumulated depreciation are eliminated from the accounts, and any gain or loss is reflected in current earnings.
Impairment of Long-lived Assets	Impairment of Long-lived Assets The Company evaluates long-lived assets held for use and held for sale whenever events or changes in circumstances indicate that the carrying amount of those assets may not be recoverable. Assets are grouped and evaluated for impairment at the lowest level for which there are identifiable cash flows, which is generally at the boutique level. Long-lived assets are reviewed for impairment using factors including, but not limited to, the Company’s current and future operating plans and projected cash flows. The determination of whether impairment has occurred is based on an estimate of undiscounted future cash flows directly related to the assets compared to its carrying value. If the carrying value of the asset is greater than the sum of the undiscounted future cash flows, an impairment loss is recognized for the difference between the carrying value and the estimated fair value of the asset; provided, however, that no other facts or circumstances indicate that recognition of such loss is premature. Fair value is determined using Level 3 inputs based on discounted future cash flows associated with the asset using a discount rate commensurate with the risk. At the time a decision is made to close a boutique, the Company accelerates depreciation over the revised useful life of the asset. Impairment charges related to boutique assets in fiscal year 2016, 2015 and 2014 were $ 0.1 0.2 0 0.6 2.5 ecommerce
Operating Leases	Operating Leases The Company leases boutiques and its distribution center and office space under operating leases. The majority of the Company’s lease agreements provide for tenant improvement allowances, rent escalation clauses and/or contingent rent provisions. The Company records rent expense on a straight-line basis over the lease term, which generally begins on the possession date. Certain leases provide for contingent rents, in addition to a basic fixed rent, which are determined as a percentage of gross sales in excess of specified levels. The Company records a contingent rent liability and the corresponding rent expense when specified levels have been achieved or when management determines that achieving the specified levels during the fiscal year is probable. Landlord incentives, such as tenant improvement allowances, are deferred and amortized on a straight-line basis over the lease term as a reduction of rent expense.
Revenue Recognition	Revenue Recognition The Company recognizes revenue upon purchase of merchandise by customers, net of estimated merchandise returns and sales tax collected. For boutique sales, revenue is recognized at the point at which the customer receives and pays for the merchandise at the register. For ecommerce sales, revenue is recognized upon delivery and includes shipping charges. Management estimates future returns on previously sold merchandise based on return history and current sales levels. Estimated sales returns are periodically compared to actual sales returns and adjusted, if appropriate.
Gift Cards and Gift Card Breakage	Gift Cards and Gift Card Breakage The Company accounts for the sale of gift cards as a liability at the time a gift card is sold. The liability is relieved and revenue is recognized upon redemption of the gift card. The Company’s gift cards do not have an expiration date. Income from gift card breakage is recognized when the likelihood of redemption is deemed to be remote based on historical redemption patterns. The Company recognized $ 0.2 0.2 0.1
Cost of Goods Sold and Occupancy Costs	Cost of Goods Sold and Occupancy Costs Cost of goods sold and occupancy costs include the cost of purchased merchandise, freight costs from the Company’s suppliers to its distribution centers and freight costs for merchandise shipped directly from its vendors to its boutiques, allowances for inventory shrinkage and obsolescence, boutique occupancy costs including rent, utilities, common area maintenance, property taxes, boutique assets depreciation, boutique repair and maintenance costs, and shipping costs related to ecommerce sales.
Selling, General and Administrative Expenses	Selling, General and Administrative Expenses Selling, general and administrative expenses include boutique and headquarters payroll (including buying department), employee benefits, freight from distribution centers to boutiques, boutique pre-opening expense, credit card merchant fees, costs of maintaining and operating the Company’s ecommerce business, travel and administration costs, corporate asset depreciation, stock-based compensation and other expenses related to operations at the corporate headquarters. Freight costs included in selling, general and administrative expenses amounted to $ 4.2 5.0 3.8
Advertising	Advertising Advertising costs are charged to expense as incurred or, in the case of media production costs (such as television or print), when advertising first takes place. Advertising costs were $ 2.5 1.1 1.1
Stock-Based Compensation	Stock-Based Compensation Stock-based compensation is measured at the grant date fair value and recognized as expense over the requisite service period (generally the vesting period of the award) for awards that are expected to vest. The fair value of time-based stock options was estimated using the Black Scholes option pricing model. The fair value of market-based stock options was estimated using a Monte-Carlo simulation method. Both methods require extensive use of accounting judgment and estimates, including expected stock volatility, expected term, risk-free interest rate and expected dividend yield. The fair value of restricted stock awards is determined based on the closing price of the Company’s common stock on the award date. For awards subject to performance conditions, compensation expense is recognized over the requisite service period when it is probable that the specified performance goals will be achieved.
Income Taxes	Income Taxes The Company accounts for income taxes using the liability method. Under this method, the amount of taxes currently payable or refundable is accrued, and deferred tax assets and liabilities are recognized for the estimated future tax consequences of temporary differences that currently exist between the tax basis and the financial reporting basis of the Company’s assets and liabilities. Valuation allowances are established against deferred tax assets when it is more-likely-than-not that the realization of those deferred tax assets will not occur. Deferred tax assets and liabilities are measured using the enacted tax rates in effect in the years when those temporary differences are expected to reverse. The effect on deferred taxes from a change in tax rate is recognized through continuing operations in the period that includes the enactment date of the change. Changes in tax laws and rates could affect recorded deferred tax assets and liabilities in the future. A tax benefit from an uncertain tax position may be recognized when it is more-likely-than-not that the position will be sustained upon examination, including resolutions of any related appeals or litigation processes, based on the technical merits. Income tax positions must meet a more-likely-than-not recognition threshold to be recognized. The Company recognizes tax liabilities for uncertain tax positions and adjusts these liabilities when the Company’s judgment changes as a result of the evaluation of new information not previously available. Interest and penalties related to unrecognized tax benefits are recognized in income tax expense. The Company has no uncertain tax positions requiring accrual at January 28, 2017 and January 30, 2016.
Recent Accounting Pronouncements	In March 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2016-9, “Improvements to Employee Share-Based Payment Arrangements”, which amends Accounting Standards Codification (“ASC”) Topic 718, Stock Compensation. The new guidance intends to simplify several aspects of the accounting for share-based payments, including income tax consequences, classification of awards as either equity or liabilities, forfeitures and classification on the statement of cash flows. ASU 2016-9 is effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period, with early adoption permitted. The new guidance includes the following adoption methods depending on the provision being adopted: (1) amendments related to the timing of when excess tax benefits are recognized, minimum statutory withholding requirements and forfeitures should be applied using a modified retrospective transition method, (2) amendments related to the presentation of employee taxes paid on the statement of cash flows should be applied retrospectively, (3) amendments requiring recognition of excess tax benefits and deficiencies in the income statement should be applied prospectively, and (4) amendments related to the presentation of excess tax benefits on the statement of cash flows should be applied either prospectively or retrospectively. this 0.1 In March 2016, the FASB issued ASU 2016-4 “Liabilities - Extinguishments of Liabilities (Subtopic 405-20), Recognition of Breakage for Certain Prepaid Stored-Value Products.” The new guidance allows a company to derecognize amounts related to expected breakage to the extent that it is probable that a significant reversal of the recognized breakage amount will not subsequently occur. ASU 2016-4 is effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2017, with early adoption permitted. The amended standard may be adopted on either a modified retrospective or a retrospective basis. The Company is currently evaluating the impact of adopting the new guidance on the consolidated financial statements. In February 2016, the FASB issued ASU 2016-2, “Leases (Topic 842).” The new guidance, among other things, requires lessees to recognize the following for all leases (with the exception of short-term leases) at the commencement date: (i) a lease liability, which is a lessee’s obligation to make lease payments arising from a lease, measured on a discounted basis and (ii) a right-of-use asset, which is an asset that represents the lessee’s right to use, or control the use of, a specified asset for the lease term. Under the new guidance, lessor accounting is largely unchanged. Certain targeted improvements were made to align, where necessary, lessor accounting with the lessee accounting model and Topic 606, Revenue from Contracts with Customers. ASU 2016-2 will be effective for public business entities for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Early application is permitted for all public business entities upon issuance. The Company is currently evaluating the impact of adopting the new guidance on the consolidated financial statements. In November 2015, the FASB issued ASU 2015-17, “Income Taxes - Balance Sheet Classification of Deferred Taxes.” The new guidance simplifies the presentation of deferred income taxes by permitting classification of all deferred tax assets and liabilities as noncurrent on the consolidated balance sheet. The new guidance is effective for annual periods beginning after December 15, 2016, including interim periods within that fiscal year, with early adoption permitted. The amended standard may be adopted on either a prospective or a retrospective basis. The Company does not expect the adoption of this guidance to have a material impact on its consolidated financial statements. In July 2015, the FASB issued ASU 2015-11, “Inventory (Topic 330): Simplifying the Measurement of Inventory,” which changes the measurement principle for inventory from the lower of cost or market to the lower of cost and net realizable value. ASU 2015-11 defines net realizable value as estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation. The new guidance must be applied on a prospective basis and is effective for periods beginning after December 15, 2016, with early adoption permitted. The Company does not expect the adoption of this guidance to have a material impact on its consolidated financial statements. In May 2014 the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers.” This pronouncement requires entities to recognize revenue in a way that depicts the transfer of promised goods or services to customers in an amount that reflects the consideration which the entity expects to be entitled to in exchange for those goods and services. In August 2015, the FASB deferred the effective date of ASU 2014-09. Accordingly, this standard is effective for reporting periods beginning on or after December 15, 2017, including interim periods within that fiscal year, with early adoption permitted for interim and annual periods beginning on or after December 15, 2016. Since the original issuance of ASU 2014-09, the FASB has issued several amendments and updates to this guidance, and additional amendments and updates are currently being considered by the FASB. The Company performed an assessment of the significant sources of revenue and based on this assessment, the Company does not believe that the adoption of this guidance, including any of the policy elections required or permitted by the guidance, will have a material impact on its consolidated financial statements. Additionally, the Company believes that the adoption of this guidance will not have a significant impact on the Company’s current processes, systems or controls.
Earnings Per Share	Earnings per Share Basic earnings per common share amounts are calculated using the weighted-average number of common shares outstanding for the period. Diluted earnings per common share amounts are calculated using the weighted-average number of common shares outstanding for the period and include the dilutive impact of stock options and restricted stock using the treasury stock method.
Segment Reporting	Segment Reporting The Company determined that it has one operating and reportable segment, which includes the operation of boutiques and its ecommerce website. The single segment was identified based on how the Company internally manages and evaluates its business. The Company also considered the similarity of merchandise offered, the customers served in boutiques and through the ecommerce business and materiality. All of the Company’s identifiable assets are located in the United States.

Summary of Significant Accoun19

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Jan. 28, 2017
Accounting Policies [Abstract]
Property and Equipment Estimated Useful Lives	Property and equipment is stated at cost. Depreciation of property and equipment is provided on a straight-line basis for financial reporting purposes using the following useful lives: Assets Estimated Useful Lives Equipment 3 - 5 years Furniture and fixtures 5 years Software, including software developed for internal use 3 - 9 years Signage and leasehold improvements the lesser of 5 - 10 years or lease term

Earnings per Share (Tables)

Earnings per Share (Tables)	12 Months Ended
	Jan. 28, 2017
Earnings Per Share [Abstract]
Earnings Per Share	The following table summarizes the potential dilutive impact that could occur if outstanding options to acquire common stock were exercised or if outstanding restricted stocks have fully vested, and reconciles the weighted-average common shares outstanding used in the computation of basic and diluted earnings per share. Fiscal Years Ended January 28, January 30, January 31, 2017 2016 2015 (In thousands, except per share data) Numerator: Net income $ 42,001 $ 38,152 $ 32,108 Denominator: Weighted-average common shares outstanding-basic 38,429 42,013 42,259 Options and other dilutive securities 122 104 121 Weighted-average common shares outstanding-diluted 38,551 42,117 42,380 Per common share: Basic earnings per common share $ 1.09 $ 0.91 $ 0.76 Diluted earnings per common share $ 1.09 $ 0.91 $ 0.76

Detail of Certain Balance She21

Detail of Certain Balance Sheet Accounts (Tables)	12 Months Ended
	Jan. 28, 2017
Detail Of Certain Balance Sheet Accounts [Abstract]
Accounts receivable	As of Fiscal Year Ended January 30, January 30, 2016 2016 (in thousands) Accounts receivable: Credit card receivables $ 3,155 $ 3,241 Tenant allowances 2,236 548 Income tax receivable - 5,627 Others 214 164 $ 5,605 $ 9,580
Property, plant and equipment, net	Property and equipment, net: Signage and leasehold improvements $ 104,146 $ 90,051 Furniture and fixtures 20,306 18,094 Equipment 6,493 5,234 Software 7,823 7,368 Construction in progress 8,554 7,371 Total 147,322 128,118 Less accumulated depreciation (66,838 ) (50,224 ) $ 80,484 $ 77,894
Accrued liabilities	Gift cards $ 9,957 $ 8,435 Accrued payroll, benefits and bonuses 8,470 6,622 Accrued sales tax 1,202 1,256 Accrued interest 16 15 Income tax payable 6,116 - $ 25,761 $ 16,328
Landlord incentives and deferred rent	Landlord incentives and deferred rent: Landlord incentives $ 25,905 $ 25,161 Deferred rent 12,187 11,391 $ 38,092 $ 36,552

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Jan. 28, 2017
Income Tax Disclosure [Abstract]
Provision for income tax expense	The provision for income tax expense for fiscal years 2016, 2015 and 2014 is as follows: Fiscal Years Ended January 28, January 30, January 31, 2017 2016 2015 (in thousands) Current: Federal $ 27,306 $ 23,472 $ 18,498 State 3,712 3,311 3,345 Total 31,018 26,783 21,843 Deferred: Federal (4,526) (2,684) (1,069) State (885) (542) (643) Total (5,411) (3,226) (1,712) Income tax expense $ 25,607 $ 23,557 $ 20,131
Effective tax rate reconciliation	The reconciliation of the statutory federal income tax rate to the effective tax rate follows: Fiscal Years Ended January 28, January 30, January 31, 2017 2016 2015 Income tax expense at statutory rate 35.0 % 35.0 % 35.0 % Nondeductible expenses 0.2 0.1 0.1 State tax, net of federal benefit 2.8 3.1 2.9 Other (0.1) 0.0 0.5 Effective tax rate 37.9 % 38.2 % 38.5 %
Schedule of Deferred Tax Assets and Liabilities	Deferred tax assets and liabilities are recorded due to different carrying amounts for financial and income tax reporting purposes arising from cumulative temporary differences as measured by enacted tax rates, which will be in effect when these temporary differences reverse. These differences consist of the following as of the dates indicated: As of Fiscal Year Ended January 28, January 30, 2017 2016 (in thousands) Deferred tax assets: Inventories $ 4,125 $ 1,058 Accrued liabilities 4,362 5,201 Landlord incentives and deferred rents 13,978 14,032 Equity based compensation 2,061 2,114 Other 49 53 Total deferred tax assets 24,575 22,458 Deferred tax liabilities Property and equipment (9,110) (12,200) Total deferred tax liabilities (9,110) (12,200) Net deferred tax assets $ 15,465 $ 10,258

Share Repurchases (Tables)

Share Repurchases (Tables)	12 Months Ended
	Jan. 28, 2017
Stockholders' Equity Note [Abstract]
Schedule of Shares Repurchased	Fiscal Year Ended January 28, 2017 January 30, 2016 January 31, 2015 (in thousands, except per share data) Number of shares repurchased 3,804 1,576 285 Total cost of shares repurchased $ 53,175 $ 23,173 $ 5,270 Average price (including brokers' commission) $ 13.98 $ 14.70 $ 18.49

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	12 Months Ended
	Jan. 28, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-based compensation expense	Stock-based compensation expense, which is included in selling, general and administrative expenses, consisted of the following. Fiscal Year Ended January 28, 2017 January 30, 2016 January 31, 2015 (in thousands) Stock options $ (809) $ 2,418 $ 2,527 Restricted stocks 1,825 514 141 Stock-based compensation expense $ 1,016 $ 2,932 $ 2,668
Summary of Stock Options Activity	The following table summarizes stock option activity during fiscal year 2016. The intrinsic value of the stock options was calculated based the closing price of the Company’s common stock on the last trading day closest to January 28, 2017. Weighted Average Weighted Remaining Number of Average Contractual Aggregate Options Exercise Price Life Intrinsic Value (in thousands) (Per share data) (in Years) (In thousands) Stock options outstanding as of January 30, 2016 1,519 $ 13.55 Granted 38 $ 10.44 Exercised (50) $ 10.19 Forfeited (1,000) $ 11.56 Expired (40) $ 26.58 Stock options outstanding as of January 28, 2017 467 $ 16.96 6 $ 1,697 Stock options exercisable as of January 28, 2017 282 $ 16.96 5 $ 1,280
Schedule of Assumptions Used to Estimate the Fair Value of Stock-based Awards	The fair value of stock options was estimated using Black Scholes option pricing model, in the case of time-based awards, or Monte Carlo simulation, in the case of market-based awards, which considers the following significant assumptions in determining the fair value. Changes in any of these assumptions can materially affect the measurement of the estimated fair value of stock options. Fiscal Year 2016 2015 2014 Expected volatility (1) 54.2 % 54.0 % 57.0% - 60.3 % Expected term (in years) (2) 5.5 6.5 6.0 - 7.5 Risk-free interest rate (3) 1.2 % 1.9 % 1.9% - 2.0 % Expected dividend yield (4) - - - 1) Prior to fiscal year 2015, expected volatility is estimated using historical and implied volatilities of similar entities whose share prices are publicly available, including Company specific data. Beginning in fiscal year 2015, volatility was estimated using the historical volatility of the Company’s own common stock. 2) Due to lack of sufficient historical data, the expected term was determined using the “simplified method” as allowed by SEC Staff Accounting Bulletin Topic 14D2. 3) The risk-free interest rate was determined based on the rate of treasury instruments with maturities similar to those of the expected term of the award being valued. 4) The expected dividend yield was based on the Company’s expectations of not paying dividends on its common stock for the foreseeable future.
Summary of Nonvested Restricted Stock Activity	Weighted Number of Average Grant Shares Date Fair Value (in thousands) (Per share data) Non-vested restricted stocks as of January 30, 2016 117 $ 15.35 Granted 599 $ 16.44 Vested (21) 14.24 Forfeited (259) $ 17.55 Non-vested restricted stocks as of January 28, 2017 436 $ 15.86

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Jan. 28, 2017
Commitments and Contingencies Disclosure [Abstract]
Schedule of Future Minimum Rental Payments for Operating Leases	Minimum future rental payments under non-cancellable operating leases as of January 28, 2017 are approximately as follows: Fiscal Year Amount (in thousands) 2017 $ 44,393 2018 43,672 2019 40,881 2020 35,305 2021 28,414 Thereafter 69,573 $ 262,238

Segment Reporting (Tables)

Segment Reporting (Tables)	12 Months Ended
	Jan. 28, 2017
Segment Reporting [Abstract]
Schedule of Sales by Major Merchandise Categories	Fiscal Year Ended January 28, January 30, January 31, 2017 2016 2015 (in thousands) Apparel $ 240,576 $ 212,371 $ 180,736 Jewelry 109,642 96,337 81,751 Accessories 73,480 71,252 65,270 Gifts 62,008 58,387 48,981 Merchandise sales 485,706 438,347 376,738 Others (1) 1,482 1,030 759 Net sales $ 487,188 $ 439,377 $ 377,497 1) Includes gift card breakage income, shipping and change in return reserve.

Quarterly Financial Data (Una27

Quarterly Financial Data (Unaudited) (Tables)	12 Months Ended
	Jan. 28, 2017
Quarterly Financial Data [Abstract]
Schedule of Quarterly Financial Information	Fiscal Year 2016 Fourth Third Second First Quarter Quarter Quarter Quarter (in thousands, except per share data) Net sales $ 146,345 $ 119,470 $ 115,260 $ 106,113 Gross profit 67,933 57,627 53,937 49,130 Income from operations 23,584 15,755 17,122 11,464 Net income 14,635 9,694 10,591 7,081 Basic earnings per common share 0.39 0.26 0.27 0.18 Diluted earnings per common share 0.39 0.26 0.27 0.18 Fiscal Year 2015 Fourth Third Second First Quarter Quarter Quarter Quarter (in thousands, except per share data) Net sales $ 134,605 $ 103,728 $ 106,033 $ 95,011 Gross profit 66,137 48,366 50,308 44,893 Income from operations 24,172 11,080 15,175 11,890 Net income 14,656 6,951 9,304 7,241 Basic earnings per common share 0.36 0.16 0.22 0.17 Diluted earnings per common share 0.35 0.16 0.22 0.17

Summary of Significant Accoun28

Summary of Significant Accounting Policies (Property and Equipment Estimated Useful Lives) (Details)	12 Months Ended
	Jan. 28, 2017
Equipment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	5 years
Equipment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	3 years
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	5 years
Software, including software developed for internal use [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	9 years
Software, including software developed for internal use [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	3 years
Signage and leasehold improvements [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	10 years
Signage and leasehold improvements [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	5 years

Summary of Significant Accoun29

Summary of Significant Accounting Policies (Details Textual) $ in Millions	12 Months Ended
	Jan. 28, 2017USD ($)	Jan. 30, 2016USD ($)	Jan. 31, 2015USD ($)	Jan. 31, 2018USD ($)
Year of Incorporation	2,007
State of Incorporation	Delaware
Number of Boutiques in Operation	671
Number of States in which Entity Operates	48
Unrecognized Tax Benefits	$ 0	$ 0
Length of Fiscal Period	364 days	364 days	364 days
Allowance for doubtful accounts - Receivable	$ 0	$ 0
Scenario, Forecast [Member] | Accounting Standards Update 2016-09 [Member]
Cumulative-effect adjustment to the beginning balance of retained earnings upon adoption of ASU 2016-09				$ 0.1
Selling, General and Administrative Expenses [Member]
Impairment of Website Development Costs		0.6	$ 2.5
Freight Costs	4.2	5	3.8
Advertising Expense	2.5	1.1	1.1
Impairment of boutique assets	0.1	0.2	0
Net Sales [Member]
Gift card breakage income	$ 0.2	$ 0.2	$ 0.1
Minimum [Member]
Length of Fiscal Period	364 days
Maximum [Member]
Length of Fiscal Period	371 days

Earnings per Share (Reconciliat

Earnings per Share (Reconciliation Table) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Jan. 28, 2017	Oct. 29, 2016	Jul. 30, 2016	Apr. 30, 2016	Jan. 30, 2016	Oct. 31, 2015	Aug. 01, 2015	May 02, 2015	Jan. 28, 2017	Jan. 30, 2016	Jan. 31, 2015
Numerator:
Net income	$ 14,635	$ 9,694	$ 10,591	$ 7,081	$ 14,656	$ 6,951	$ 9,304	$ 7,241	$ 42,001	$ 38,152	$ 32,108
Denominator:
Weighted-average common shares outstanding - basic (in shares)									38,429	42,013	42,259
Options and other dilutive securities (in shares)									122	104	121
Weighted-average common shares outstanding - diluted (in shares)									38,551	42,117	42,380
Per common share:
Basic earnings per common share (in dollars per share)	$ 0.39	$ 0.26	$ 0.27	$ 0.18	$ 0.36	$ 0.16	$ 0.22	$ 0.17	$ 1.09	$ 0.91	$ 0.76
Diluted earnings per common share (in dollars per share)	$ 0.39	$ 0.26	$ 0.27	$ 0.18	$ 0.35	$ 0.16	$ 0.22	$ 0.17	$ 1.09	$ 0.91	$ 0.76

Earnings per Share (Details Tex

Earnings per Share (Details Textual) - shares shares in Millions	12 Months Ended
	Jan. 30, 2016	Jan. 31, 2015	Jan. 31, 2014
Stock Compensation Plan [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share
Securities Excluded from Computation of Diluted Weighted Average Common Stock Outstanding	0.3	0.5	0.8
Performance Shares [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share
Securities Excluded from Computation of Diluted Weighted Average Common Stock Outstanding	0.2	1	1.1

Detail of Certain Balance She32

Detail of Certain Balance Sheet Accounts (Details) - USD ($) $ in Thousands	Jan. 28, 2017	Jan. 30, 2016
Accounts receivable:
Credit card receivables	$ 3,155	$ 3,241
Tenant allowances	2,236	548
Income tax receivable	0	5,627
Others	214	164
Accounts receivable	5,605	9,580
Property and equipment, net:
Signage and leasehold improvements	104,146	90,051
Furniture and fixtures	20,306	18,094
Equipment	6,493	5,234
Software	7,823	7,368
Construction in progress	8,554	7,371
Total	147,322	128,118
Less accumulated depreciation	(66,838)	(50,224)
Property and equipment, net	80,484	77,894
Accrued liabilities:
Gift cards	9,957	8,435
Accrued payroll, benefits and bonuses	8,470	6,622
Accrued sales tax	1,202	1,256
Accrued interest	16	15
Income tax payable	6,116	0
Accrued liabilities	25,761	16,328
Landlord incentives and deferred rent:
Landlord incentives	25,905	25,161
Deferred rent	12,187	11,391
Landlord incentives and deferred rent	$ 38,092	$ 36,552

Income Taxes Details (Income Ta

Income Taxes Details (Income Tax Expense) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 28, 2017	Jan. 30, 2016	Jan. 31, 2015
Current:
Federal	$ 27,306	$ 23,472	$ 18,498
State	3,712	3,311	3,345
Total	31,018	26,783	21,843
Deferred:
Federal	(4,526)	(2,684)	(1,069)
State	(885)	(542)	(643)
Total	(5,411)	(3,226)	(1,712)
Income tax expense	$ 25,607	$ 23,557	$ 20,131

Income Taxes (Rate Reconciliati

Income Taxes (Rate Reconciliation) (Details)	12 Months Ended
	Jan. 28, 2017	Jan. 30, 2016	Jan. 31, 2015
Reconciliation of Statutory Federal Income Tax Rate to Effective Tax Rate
Income tax expense at statutory rate	35.00%	35.00%	35.00%
Nondeductible expenses	0.20%	0.10%	0.10%
State tax, net of federal benefit	2.80%	3.10%	2.90%
Other	(0.10%)	0.00%	0.50%
Effective tax rate	37.90%	38.20%	38.50%

Income Taxes (Deferred Tax Asse

Income Taxes (Deferred Tax Asset and Liabilities) (Details) - USD ($) $ in Thousands	Jan. 28, 2017	Jan. 30, 2016
Deferred tax assets:
Inventories	$ 4,125	$ 1,058
Accrued liabilities	4,362	5,201
Landlord incentives and deferred rents	13,978	14,032
Equity based compensation	2,061	2,114
Other	49	53
Total deferred tax assets	24,575	22,458
Deferred tax liabilities
Property and equipment	(9,110)	(12,200)
Total deferred tax liabilities	(9,110)	(12,200)
Net deferred tax assets	$ 15,465	$ 10,258

Income Taxes (Details Textual)

Income Taxes (Details Textual)	12 Months Ended
	Jan. 28, 2017
Domestic Tax Authority [Member]
Tax Years Subject to Examination	2,013
State and Local Jurisdiction [Member]
Tax Years Subject to Examination	2,012

Revolving Credit Facility (Deta

Revolving Credit Facility (Details Textual) $ in Millions	12 Months Ended
	Jan. 28, 2017USD ($)
Revolving Credit Facility Details
Initiation Date	Aug. 30, 2013
Maximum Borrowing Capacity	$ 75
Line Of Credit Availability For Letters Of Credit	$ 10
Maturity Date	Aug. 30, 2018
Line Of Credit Facility Optional Additional Borrowing Capacity	$ 25
Amount Outstanding under the Revolving Credit Facility	$ 0
Minimum [Member]
Revolving Credit Facility Details
Unused Commitment Fee Rate	0.25%
Maximum [Member]
Revolving Credit Facility Details
Unused Commitment Fee Rate	0.38%
Base Rate [Member]
Revolving Credit Facility Details
Percentage Added To Federal Funds Rate	0.50%
Percentage Added to One Month LIBOR Rate	1.00%
Base Rate [Member] | Minimum [Member]
Revolving Credit Facility Details
Applicable Margin Rate	0.75%
Base Rate [Member] | Maximum [Member]
Revolving Credit Facility Details
Applicable Margin Rate	1.25%
London Interbank Offered Rate (LIBOR) [Member] | Minimum [Member]
Revolving Credit Facility Details
Applicable Margin Rate	1.75%
London Interbank Offered Rate (LIBOR) [Member] | Maximum [Member]
Revolving Credit Facility Details
Applicable Margin Rate	2.25%

Share Repurchases (Details)

Share Repurchases (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Jan. 28, 2017	Jan. 30, 2016	Jan. 31, 2015
Treasury Stock Disclosure [Line Items]
Number of shares repurchased	3,804	1,576	285
Total cost of shares repurchased	$ 53,175	$ 23,173	$ 5,270
Average price (including brokers' commission)	$ 13.98	$ 14.70	$ 18.49

Share Repurchases (Details Text

Share Repurchases (Details Textual) - USD ($) $ in Millions	Jan. 28, 2017	Apr. 30, 2016	Mar. 15, 2016	Sep. 03, 2013
Previous Repurchase Plan [Member]
Amount Authorized Under the Stock Repurchase Program				$ 100
Remaining amount for future repurchases		$ 0
New Repurchase Plan [Member]
Amount Authorized Under the Stock Repurchase Program			$ 100
Remaining amount for future repurchases	$ 63.7

Stock-Based Compensation (Sched

Stock-Based Compensation (Schedule Of Share Based Compensation (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 28, 2017	Jan. 30, 2016	Jan. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	$ 1,016	$ 2,932	$ 2,668
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	(809)	2,418	2,527
Restricted stocks [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	$ 1,825	$ 514	$ 141

Stock-Based Compensation (Stock

Stock-Based Compensation (Stock Options Roll forward) (Details) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Jan. 28, 2017USD ($)$ / sharesshares
Stock options rollfoward
Stock options outstanding (in shares) as of January 30, 2016 | shares	1,519
Granted (in shares) | shares	38
Exercised (in shares) | shares	(50)
Forfeited (in shares) | shares	(1,000)
Expired (in shares) | shares	(40)
Stock options outstanding (in shares) as of January 28, 2017 | shares	467
Stock options exercisable (in shares) at January 28, 2017 | shares	282
Weighted Average Exercise Price of Stock Options
Weighted average exercise price, options outstanding as of January 30, 2016 | $ / shares	$ 13.55
Weighted average exercise price, options granted | $ / shares	10.44
Weighted average exercise price, options exercised | $ / shares	10.19
Weighted average exercise price, options forfeited | $ / shares	11.56
Weighted average exercise price, options expired | $ / shares	26.58
Weighted average exercise price, options outstanding as of January 28, 2017 | $ / shares	16.96
Weighted average exercise price, options exercisable as of January 28, 2017 | $ / shares	$ 16.96
Weighted Average Remaining Contractual Life and Aggregate Intrinsic Value
Weighted average remaining contractual life of stock options outstanding as of January 28, 2017	6 years
Weighted average remaining contractual life of stock options exercisable as of January 28, 2017	5 years
Intrinsic value of stock options outstanding as of January 28, 2017 | $	$ 1,697
Intrinsic value of stock options exercisable as of January 28, 2017 | $	$ 1,280

Stock-Based Compensation (Weigh

Stock-Based Compensation (Weighted Average Assumptions) (Details)		12 Months Ended
		Jan. 30, 2016	Jan. 31, 2015	Feb. 01, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected volatility	[1]	54.20%	54.00%
Expected term (in years)	[2]	5 years 6 months	6 years 6 months
Risk-free interest rate	[3]	1.20%	1.90%
Expected dividend yield	[4]	0.00%	0.00%	0.00%
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected volatility	[1]			60.30%
Expected term (in years)	[2]			7 years 6 months
Risk-free interest rate	[3]			2.00%
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected volatility	[1]			57.00%
Expected term (in years)	[2]			6 years
Risk-free interest rate	[3]			1.90%
[1]	Prior to fiscal year 2015, expected volatility is estimated using historical and implied volatilities of similar entities whose share prices are publicly available, including Company specific data. Beginning in fiscal year 2015, volatility was estimated using the historical volatility of the Company’s own common stock.
[2]	Due to lack of sufficient historical data, the expected term was determined using the “simplified method” as allowed by SEC Staff Accounting Bulletin Topic 14D2.
[3]	The risk-free interest rate was determined based on the rate of treasury instruments with maturities similar to those of the expected term of the award being valued.
[4]	The expected dividend yield was based on the Company’s expectations of not paying dividends on its common stock for the foreseeable future.

Stock-Based Compensation (Restr

Stock-Based Compensation (Restricted Stocks Roll forward) (Details) - Restricted Stock [Member] - $ / shares shares in Thousands	12 Months Ended
	Jan. 28, 2017	Jan. 30, 2016	Jan. 31, 2015
Restricted Stock Rollfoward
Non-vested restricted stocks as of January 30, 2016	117
Granted	599
Vested	(21)
Forfeited	(259)
Non-vested restricted stocks as of January 28, 2017	436	117
Weighted Average Grant Date Fair Value
Weighted average grant date fair value, non-vested restricted stocks as of January 30, 2016	$ 15.35
Weighted average grant date fair value, restricted stock granted	16.44	$ 15.48	$ 16.12
Weighted average grant date fair value, restricted stock vested	14.24
Weighted average grant date fair value, restricted stock forfeited	17.55
Weighted average grant date fair value, non-vested restricted stocks as of January 28, 2017	$ 15.86	$ 15.35

Stock-based Compensation (Detai

Stock-based Compensation (Details Textual) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	1 Months Ended		3 Months Ended	12 Months Ended
	Oct. 31, 2016	May 15, 2016	Jul. 30, 2016	Jan. 28, 2017	Jan. 30, 2016	Jan. 31, 2015
Stock-based Compensation Disclosures
Tax benefit realized				$ 300	$ 500	$ 1,100
Stock options forfeited				1,000
Stock-based compensation expense				$ 1,016	2,932	2,668
Chief Executive Officer [Member]
Stock-based Compensation Disclosures
Stock options forfeited		1,000
Restricted stocks forfeited		300
Stock-based compensation expense			$ (2,600)
Restricted Stock [Member]
Stock-based Compensation Disclosures
Restricted stocks forfeited				259
Stock-based compensation expense				$ 1,825	514	141
Restricted stock granted (shares)				599
Fair value of restricted stocks vested				$ 300	$ 0	$ 100
Weighted Average Fair Value of Restricted Stocks Granted During the Period (in dollars per share)				$ 16.44	$ 15.48	$ 16.12
Unrecognized compensation cost related to restricted stocks				$ 4,600
Weighted Average Period Over Which Unrecognized Compensation Costs Related to Non-vested Awards will be Recognized (in years)				2 years
Restricted Stock [Member] | Chief Executive Officer [Member]
Stock-based Compensation Disclosures
Restricted stock granted (shares)	100
Restricted Stock [Member] | Management [Member]
Stock-based Compensation Disclosures
Vesting Term				3 years
Restricted stock granted (shares)				400
Restricted Stock [Member] | Management [Member] | Minimum [Member]
Stock-based Compensation Disclosures
Percent of Target Shares that May Vest				0.00%
Restricted Stock [Member] | Management [Member] | Maximum [Member]
Stock-based Compensation Disclosures
Percent of Target Shares that May Vest				150.00%
Employee Stock Option [Member]
Stock-based Compensation Disclosures
Stock-based compensation expense				$ (809)	$ 2,418	$ 2,527
Weighted-average Grant date fair value of Stock Options, Granted				$ 4.89	$ 8.44	$ 6.04
Aggregate Intrinsic Value of Options Exercised				$ 400	$ 1,200	$ 2,800
Unrecognized Compensation Cost Related to Stock Options				$ 1,200
Weighted Average Period Over Which Unrecognized Compensation Costs Related to Non-vested Awards will be Recognized (in years)				2 years
2010 Stock Incentive Plan [Member]
Stock-based Compensation Disclosures
Contractual Term				10 years
Remaining Shares Available for Grant				0
2010 Stock Incentive Plan [Member] | Minimum [Member]
Stock-based Compensation Disclosures
Vesting Term				4 years
2010 Stock Incentive Plan [Member] | Maximum [Member]
Stock-based Compensation Disclosures
Vesting Term				5 years
2011 Stock Incentive Plan [Member]
Stock-based Compensation Disclosures
Shares Authorized for Issuance				3,200
Contractual Term				10 years
Remaining Shares Available for Grant				0
2011 Stock Incentive Plan [Member] | Minimum [Member]
Stock-based Compensation Disclosures
Vesting Term				3 years
2011 Stock Incentive Plan [Member] | Maximum [Member]
Stock-based Compensation Disclosures
Vesting Term				5 years
2015 Stock Incentive Plan [Member]
Stock-based Compensation Disclosures
Shares Authorized for Issuance				1,200
Contractual Term				10 years
Remaining Shares Available for Grant				2,100
2015 Stock Incentive Plan [Member] | Minimum [Member]
Stock-based Compensation Disclosures
Vesting Term				3 years
2015 Stock Incentive Plan [Member] | Maximum [Member]
Stock-based Compensation Disclosures
Vesting Term				5 years

Employee Benefits (Details Text

Employee Benefits (Details Textual) - USD ($) $ in Millions	12 Months Ended
	Jan. 28, 2017	Jan. 30, 2016	Jan. 31, 2015
Defined Contribution Plan Disclosure [Line Items]
Minimum Age Requirement to Participate in the Plan	21 years
Minimum Period of Service Required to Participate in the Plan	6 months
Company's Matching Contribution	$ 0.6	$ 0.5	$ 0.5
Profit Sharing Contribution	$ 0	$ 0	$ 0
Maximum [Member]
Defined Contribution Plan Disclosure [Line Items]
Maximum Employer Contribution (Percentage)	4.00%

Commitments and Contingencies46

Commitments and Contingencies (Future Minimum Lease Payments) (Details) $ in Thousands	Jan. 28, 2017USD ($)
Future Minimum Payments [Abstract]
2,017	$ 44,393
2,018	43,672
2,019	40,881
2,020	35,305
2,021	28,414
Thereafter	69,573
Total	$ 262,238

Commitments and Contingencies47

Commitments and Contingencies (Details Textual) - USD ($) $ in Millions	12 Months Ended
	Jan. 28, 2017	Jan. 30, 2016	Jan. 31, 2015
Operating Leased Assets [Line Items]
Lease Expiration Year	2,028
Rent expense	$ 38.7	$ 35.3	$ 30.1
Minimum [Member]
Operating Leased Assets [Line Items]
Lease renewal term option	3 years
Maximum [Member]
Operating Leased Assets [Line Items]
Lease renewal term option	5 years

Segment Reporting (Sales by Mer

Segment Reporting (Sales by Merchandise Category) (Details) - USD ($) $ in Thousands		3 Months Ended								12 Months Ended
		Jan. 28, 2017	Oct. 29, 2016	Jul. 30, 2016	Apr. 30, 2016	Jan. 30, 2016	Oct. 31, 2015	Aug. 01, 2015	May 02, 2015	Jan. 28, 2017	Jan. 30, 2016	Jan. 31, 2015
Segment Reporting Information [Line Items]
Merchandise sales										$ 485,706	$ 438,347	$ 376,738
Others	[1]									1,482	1,030	759
Net sales		$ 146,345	$ 119,470	$ 115,260	$ 106,113	$ 134,605	$ 103,728	$ 106,033	$ 95,011	487,188	439,377	377,497
Apparel [Member]
Segment Reporting Information [Line Items]
Merchandise sales										240,576	212,371	180,736
Jewelry [Member]
Segment Reporting Information [Line Items]
Merchandise sales										109,642	96,337	81,751
Accessories [Member]
Segment Reporting Information [Line Items]
Merchandise sales										73,480	71,252	65,270
Gifts [Member]
Segment Reporting Information [Line Items]
Merchandise sales										$ 62,008	$ 58,387	$ 48,981
[1]	Includes gift card breakage income, shipping and change in return reserve.

Segment Reporting (Details Text

Segment Reporting (Details Textual)	12 Months Ended
	Jan. 28, 2017
Number of Reportable Segments	1
Number of Operating Segments	1

Quarterly Financial Data (Una50

Quarterly Financial Data (Unaudited) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Jan. 28, 2017	Oct. 29, 2016	Jul. 30, 2016	Apr. 30, 2016	Jan. 30, 2016	Oct. 31, 2015	Aug. 01, 2015	May 02, 2015	Jan. 28, 2017	Jan. 30, 2016	Jan. 31, 2015
Net sales	$ 146,345	$ 119,470	$ 115,260	$ 106,113	$ 134,605	$ 103,728	$ 106,033	$ 95,011	$ 487,188	$ 439,377	$ 377,497
Gross profit	67,933	57,627	53,937	49,130	66,137	48,366	50,308	44,893	228,627	209,704	177,578
Income from operations	23,584	15,755	17,122	11,464	24,172	11,080	15,175	11,890	67,925	62,317	52,774
Net income	$ 14,635	$ 9,694	$ 10,591	$ 7,081	$ 14,656	$ 6,951	$ 9,304	$ 7,241	$ 42,001	$ 38,152	$ 32,108
Basic earnings per common share	$ 0.39	$ 0.26	$ 0.27	$ 0.18	$ 0.36	$ 0.16	$ 0.22	$ 0.17	$ 1.09	$ 0.91	$ 0.76
Diluted earnings per common share	$ 0.39	$ 0.26	$ 0.27	$ 0.18	$ 0.35	$ 0.16	$ 0.22	$ 0.17	$ 1.09	$ 0.91	$ 0.76