FHC (FRAN) 10-Q 12 Dec 18 2018 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Nov. 03, 2018	Nov. 15, 2018
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Nov. 3, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q3
Entity Registrant Name	Francesca's Holdings CORP
Entity Central Index Key	1,399,935
Current Fiscal Year End Date	--02-02
Entity Filer Category	Accelerated Filer
Trading Symbol	FRAN
Entity Common Stock, Shares Outstanding		36,173,654
Entity Emerging Growth Company	false
Entity Small Business	false

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Nov. 03, 2018	Feb. 03, 2018	Oct. 28, 2017
Current assets:
Cash and cash equivalents	$ 10,720	$ 31,331	$ 19,020
Accounts receivable	17,134	16,642	18,150
Inventories	40,404	26,816	38,824
Prepaid expenses and other current assets	10,854	9,714	10,179
Total current assets	79,112	84,503	86,173
Property and equipment, net	79,842	87,702	85,710
Deferred income taxes	15,554	9,413	15,577
Other assets, net	4,958	3,622	3,794
TOTAL ASSETS	179,466	185,240	191,254
Current liabilities:
Accounts payable	37,436	17,801	28,239
Accrued liabilities	12,264	14,654	12,848
Total current liabilities	49,700	32,455	41,087
Landlord incentives and deferred rent	34,997	38,337	38,327
Total liabilities	84,697	70,792	79,414
Commitments and contingencies
Stockholders' equity:
Common stock - $0.01 par value, 80.0 million shares authorized; 47.3 million, 46.3 million and 46.4 million shares issued at November 3, 2018, February 3, 2018 and October 28, 2017, respectively.	473	463	464
Additional paid-in capital	112,792	111,439	111,065
Retained earnings	141,525	159,045	155,319
Treasury stock, at cost – 11.1 million, 10.3 million and 10.2 million shares at November 3, 2018, February 3, 2018 and October 28, 2017, respectively.	(160,021)	(156,499)	(155,008)
Total stockholders' equity	94,769	114,448	111,840
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 179,466	$ 185,240	$ 191,254

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares shares in Millions	Nov. 03, 2018	Feb. 03, 2018	Oct. 28, 2017
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01	$ 0.01
Common stock, shares authorized	80	80	80
Common stock, shares issued	47.3	46.3	46.4
Treasury stock, shares	11.1	10.3	10.2

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Nov. 03, 2018	Oct. 28, 2017	Nov. 03, 2018	Oct. 28, 2017
Net sales	$ 95,375	$ 105,791	$ 308,805	$ 333,187
Cost of goods sold and occupancy costs	61,730	63,931	192,690	187,249
Gross profit	33,645	41,860	116,115	145,938
Selling, general and administrative expenses	42,286	41,405	128,298	126,238
Asset impairment charges	14,419	0	14,567	100
(Loss) income from operations	(23,060)	455	(26,750)	19,600
Interest expense	(51)	(109)	(280)	(332)
Other income	151	88	403	278
(Loss) income before income tax (benefit) expense	(22,960)	434	(26,627)	19,546
Income tax (benefit) expense	(6,737)	195	(6,973)	7,711
Net (loss) income	$ (16,223)	$ 239	$ (19,654)	$ 11,835
Basic (loss) earnings per common share	$ (0.47)	$ 0.01	$ (0.56)	$ 0.33
Diluted (loss) earnings per common share	$ (0.47)	$ 0.01	$ (0.56)	$ 0.32
Weighted average shares outstanding:
Basic shares	34,796	35,884	34,803	36,387
Diluted shares	34,796	35,959	34,803	36,525

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 Jan. 27, 2017	$ 116,535		$ 461	$ 109,008	$ 143,557	$ (136,491)
Balance (in shares) at Jan. 27, 2017		37,541
Cumulative effect adjustment on adoption of new accounting standards, net of tax	47		0	120	(73)	0
Net income (loss)	4,333		0	0	4,333	0
Stock-based compensation	1,254		0	1,254	0	0
Restricted stocks issued, net of forfeitures	0		2	(2)	0	0
Restricted stocks issued, net of forfeitures (in shares)		245
Shares withheld related to net settlement of equity awards	(113)		0	(113)	0	0
Shares withheld related to net settlement of equity awards (in shares)		(7)
Repurchases of common stock	(9,285)		0	0	0	(9,285)
Repurchases of common stock (in shares)		(609)
Balance at Apr. 29, 2017	112,771		463	110,267	147,817	(145,776)
Balance (in shares) at Apr. 29, 2017		37,170
Net income (loss)	7,263		0	0	7,263	0
Stock-based compensation	1,168		0	1,168	0	0
Restricted stocks issued, net of forfeitures	0		1	(1)	0	0
Restricted stocks issued, net of forfeitures (in shares)		81
Shares withheld related to net settlement of equity awards	(29)		0	(29)	0	0
Shares withheld related to net settlement of equity awards (in shares)		(3)
Repurchases of common stock	(5,731)		0	0	0	(5,731)
Repurchases of common stock (in shares)		(513)
Balance at Jul. 29, 2017	115,442		464	111,405	155,080	(151,507)
Balance (in shares) at Jul. 29, 2017		36,735
Net income (loss)	239		0	0	239	0
Stock-based compensation	(340)		0	(340)	0	0
Restricted stocks issued, net of forfeitures	0		0	0	0	0
Restricted stocks issued, net of forfeitures (in shares)		(62)
Shares withheld related to net settlement of equity awards	0		0	0	0	0
Shares withheld related to net settlement of equity awards (in shares)		(2)
Repurchases of common stock	$ (3,501)		0	0	0	(3,501)
Repurchases of common stock (in shares)	(491)	(492)
Balance at Oct. 28, 2017	$ 111,840		464	111,065	155,319	(155,008)
Balance (in shares) at Oct. 28, 2017		36,179
Balance at Feb. 03, 2018	114,448		463	111,439	159,045	(156,499)
Balance (in shares) at Feb. 03, 2018		35,875
Cumulative effect adjustment on adoption of new accounting standards, net of tax	2,134		0	0	2,134	0
Net income (loss)	(3,885)		0	0	(3,885)	0
Stock-based compensation	418		0	418	0	0
Restricted stocks issued, net of forfeitures	0		8	(8)	0	0
Restricted stocks issued, net of forfeitures (in shares)		856
Shares withheld related to net settlement of equity awards	(26)		0	(26)	0	0
Shares withheld related to net settlement of equity awards (in shares)		(5)
Repurchases of common stock	(3,522)		0	0	0	(3,522)
Repurchases of common stock (in shares)		(659)
Balance at May. 05, 2018	109,567		471	111,823	157,294	(160,021)
Balance (in shares) at May. 05, 2018		36,067
Balance at Feb. 03, 2018	114,448		463	111,439	159,045	(156,499)
Balance (in shares) at Feb. 03, 2018		35,875
Net income (loss)	(19,654)
Repurchases of common stock	$ (3,522)
Repurchases of common stock (in shares)	(659)
Balance at Nov. 03, 2018	$ 94,769		473	112,792	141,525	(160,021)
Balance (in shares) at Nov. 03, 2018		36,174
Balance at May. 05, 2018	109,567		471	111,823	157,294	(160,021)
Balance (in shares) at May. 05, 2018		36,067
Net income (loss)	454		0	0	454	0
Stock-based compensation	315		0	315	0	0
Restricted stocks issued, net of forfeitures	0		2	(2)	0	0
Restricted stocks issued, net of forfeitures (in shares)		156
Balance at Aug. 04, 2018	110,336		473	112,136	157,748	(160,021)
Balance (in shares) at Aug. 04, 2018		36,223
Net income (loss)	(16,223)		0	0	(16,223)	0
Stock-based compensation	707		0	707	0	0
Restricted stocks issued, net of forfeitures	0		0	0	0	0
Restricted stocks issued, net of forfeitures (in shares)		(41)
Shares withheld related to net settlement of equity awards	(51)		0	(51)	0	0
Shares withheld related to net settlement of equity awards (in shares)		(8)
Repurchases of common stock	$ 0
Repurchases of common stock (in shares)	0
Balance at Nov. 03, 2018	$ 94,769		$ 473	$ 112,792	$ 141,525	$ (160,021)
Balance (in shares) at Nov. 03, 2018		36,174

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Nov. 03, 2018	Oct. 28, 2017
Cash Flows Provided by Operating Activities:
Net (loss) income	$ (19,654)	$ 11,835
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation and amortization	18,742	15,749
Stock-based compensation expense	1,440	2,082
Loss on disposal of assets	633	565
Deferred income taxes	(6,848)	(65)
Asset impairment charges	14,567	100
Changes in operating assets and liabilities:
Accounts receivable	(492)	(12,272)
Inventories	(13,588)	(14,866)
Prepaid expenses and other assets	(2,983)	(3,529)
Accounts payable	16,966	16,987
Accrued liabilities	359	(12,913)
Landlord incentives and deferred rent	(3,340)	235
Net cash provided by operating activities	5,802	3,908
Cash Flows Used in Investing Activities:
Purchases of property and equipment	(21,885)	(19,121)
Net cash used in investing activities	(21,885)	(19,121)
Cash Flows Used in Financing Activities:
Repurchases of common stock	(3,980)	(18,827)
Taxes paid related to net settlement of equity awards	(77)	(142)
Payment of debt issuance costs	(471)	0
Net cash used in financing activities	(4,528)	(18,969)
Net decrease in cash and cash equivalents	(20,611)	(34,182)
Cash and cash equivalents, beginning of year	31,331	53,202
Cash and cash equivalents, end of period	10,720	19,020
Supplemental Disclosures of Cash Flow Information:
Cash paid for income taxes	244	23,806
Interest paid	$ 121	$ 144

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
	Nov. 03, 2018
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	1. Summary of Significant Accounting Policies Nature of Business Francesca’s Holdings Corporation is a holding company incorporated in 2007 under the laws of the State of Delaware whose business operations are conducted through its subsidiaries. Unless the context otherwise requires, the “Company,” refers to Francesca’s Holdings Corporation and its consolidated subsidiaries. The Company operates a nationwide-chain of boutiques providing its customers with a unique, fun and personalized shopping experience. The Company offers a diverse and balanced mix of apparel, jewelry, accessories and gifts at attractive values. At November 3, 2018, the Company operated 738 boutiques, which are located in 47 states throughout the United States and the District of Columbia, and its ecommerce website. Basis of Presentation The accompanying unaudited consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”) for interim financial statements and are in the form prescribed by the Securities and Exchange Commission (“SEC”). Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. In the opinion of management, these unaudited financial statements include all adjustments, consisting of normal recurring adjustments, considered necessary for a fair presentation of the Company’s financial position, results of operations, changes in equity, and cash flows at the dates and for the periods presented. The financial information as of February 3, 2018 was derived from the Company’s audited consolidated financial statements and notes thereto as of and for the fiscal year ended February 3, 2018 included in the Company’s Annual Report on Form 10-K filed with the SEC on March 28, 2018. These unaudited interim consolidated financial statements should be read in conjunction with the Company’s audited consolidated financial statements and related notes as of and for the fiscal year ended February 3, 2018 included in the Company’s Annual Report on Form 10-K. Due to seasonal variations in the Company’s business, interim results are not necessarily indicative of results that may be expected for any other interim period or for a full year. Principles of Consolidation The accompanying unaudited consolidated financial statements include the accounts of the Company and all its subsidiaries. All intercompany balances and transactions have been eliminated in consolidation. Fiscal Year The Company maintains its accounts on a 52- or 53-week year ending on the Saturday closest to January 31st. Fiscal year 2018 includes 52 weeks of operations while fiscal year 2017 includes 53 weeks of operations. The fiscal quarters ended November 3, 2018 and October 28, 2017 refer to the thirteen week periods ended as of those dates. The year-to-date periods ended November 3, 2018 and October 28, 2017 refer to the thirty-nine week periods ended as of those dates. Management Estimates and Assumptions 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 the reported amounts of revenues, net of estimated sales returns, and expenses during the reporting periods. Actual results could differ materially from those estimates. Revenue Recognition The Company adopted Accounting Standards Codification (“ASC”) 606, “Revenue from Contracts with Customers” on February 4, 2018 using the modified retrospective approach. Prior period amounts were not adjusted and continue to be reported in accordance with ASC 605, “Revenue Recognition.” As a result of adoption of ASC 606, the Company recorded an adjustment of $2.0 million, net of $0.7 million tax effect, to the beginning balance of retained earnings related to the change in timing of recognizing gift card breakage income. In addition, the cost of estimated returns is now included in current assets rather than netted with the allowance for sales returns, and ecommerce sales are now recognized upon shipment rather than delivery to the customer, with the cumulative effect related to this change determined to be immaterial. The Company recognizes revenue when control of the merchandise is transferred to customers in an amount that reflects the consideration received in exchange for such merchandise. For boutique sales, control is transferred at the point at which the customer receives and pays for the merchandise at the register. For ecommerce sales, control is transferred when merchandise is tendered to a third party carrier for delivery to the customer. The consideration received is the stated price of the merchandise, net of any discount, sales tax collected and estimated sales returns, and, in the case of ecommerce sales, includes shipping revenue. Cash is typically received on the day of or, in the case of credit or debit card transactions, within several days of the related sales. Management estimates future returns on previously sold merchandise based on return history and current sales levels. Estimated returns are periodically compared to actual sales returns and adjusted, if appropriate. The provision for estimated returns is included in accrued liabilities while the associated cost of merchandise is included as part of prepaid and other current assets in the consolidated balance sheets. Disaggregated revenue The Company disaggregates net sales into the following major merchandise departments. Thirteen Weeks Ended Thirty-Nine Weeks Ended November 3, 2018 October 28, 2017 November 3, 2018 October 28, 2017 (in thousands) Apparel $ 48,397 $ 54,663 $ 154,738 $ 180,071 Jewelry 22,855 22,826 73,697 72,157 Accessories 14,844 15,360 47,509 44,076 Gifts 8,685 10,922 31,127 34,873 Others (1) 594 2,020 1,734 2,010 $ 95,375 $ 105,791 $ 308,805 $ 333,187 (1) Includes gift card breakage income, shipping revenue and change in return reserve. Contract liability Contract liability consists of gift card liability. 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 estimated based on historical redemption patterns and recognized over the historical redemption period. Unredeemed gift cards at the end of the prior fiscal year recognized in revenues for the thirteen and thirty-nine weeks ended November 3, 2018 totaled $0.6 million and $3.7 million, respectively, and for the thirteen and thirty-nine weeks ended October 28, 2017 totaled $2.1 million and $5.5 million, respectively. Revenue from gift cards during the thirteen and thirty-nine weeks ended October 28, 2017 included $1.5 million of additional gift card breakage income recognized due to the change in estimated period over which redemption of gift card is considered to be remote. New Accounting Pronouncements Recently Adopted Accounting Pronouncements In August 2018, the SEC adopted the final rule under SEC Release 34-83875, “Disclosure Update and Simplification”, which amended certain SEC rules to eliminate, modify, or integrate certain SEC requirements in light of other SEC disclosure requirements, GAAP requirements and changes in information environment. The amendments are part of the SEC’s ongoing disclosure effectiveness initiative and eliminated redundant and duplicative requirements including, but not limited to, the ratio of earnings to fixed charges, outdated regulatory disclosures, certain accounting policies about derivative instruments and specific SEC disclosures that are also required under current GAAP. Additionally, the amendments expanded current disclosures requirements for certain companies, specifically the requirement to disclose the change in stockholders' equity for the current and comparative quarter and year-to-date interim periods. The amended rules became effective on November 5, 2018 and are to be applied to any SEC filings on or after that date. The Company adopted the provisions of this rule during the thirteen weeks ended November 3, 2018. The effectiveness of these rule modifications did not have a material impact on the Company’s consolidated financial statements. In March 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2016-04 “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 2016-04 is effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2017, with early adoption permitted. This standard may be adopted on either a modified retrospective or a retrospective basis. In May 2014, the FASB issued ASU 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. 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. This guidance may be adopted on a full retrospective basis to each prior reporting period presented or on a modified retrospective basis with the cumulative effect of initially applying the guidance recognized at the date of initial application. The Company adopted ASU 2016-04 and ASU 2014-09 on February 4, 2018 using the modified retrospective approach. Please refer to the Revenue Recognition policy section of this Note 1 to the Unaudited Consolidated Financial Statements for further information. Recent Accounting Pronouncements Not Yet Adopted In August 2018, the FASB issued ASU 2018-15, “Intangibles-Goodwill and Other-Internal-Use-Software (Subtopic 350-40): Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That is a Service Contract.” ASU 2018-15 aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software. This new guidance will be effective for fiscal years beginning after December 15, 2019 and interim periods within those fiscal years. Early adoption is permitted. The Company is currently evaluating the effect that the new guidance will have on its consolidated financial statements and related disclosures. In February 2016, the FASB issued ASU 2016-02, “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 ASC Topic 606, Revenue from Contracts with Customers. In July 2018, the FASB issued ASU 2018-11, “Leases (Topic 842): Targeted Improvements,” to provide an additional, optional transition method for adopting ASU 2016-02 which allow entities to apply the new lease standard at the adoption date and recognize a cumulative effect adjustment to the opening balance of retained earnings in the period of adoption while comparative periods presented will continue to be in presented in accordance with current ASC Topic 840 This new guidance will be effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Early adoption is permitted. The guidance is required to be adopted using either the modified retrospective approach or the additional, optional transition method set forth in ASU 2018-11. The Company is in the process of compiling all agreements that are considered a lease under this new guidance as well as implementing its leasing software solution, including identifying changes to its business processes, systems and controls to support its adoption in fiscal year 2019. While the Company is still evaluating the impact of this new guidance on its consolidated financial statements, it expects that the adoption of this guidance will not have a material impact on its results of operations; however, it will result in a significant increase in total assets and total liabilities on the Company’s balance sheet given that the Company has a significant number of leases.

(Loss) Earnings per Share

(Loss) Earnings per Share	9 Months Ended
	Nov. 03, 2018
Earnings Per Share [Abstract]
(Loss) Earnings per Share	2. (Loss) Earnings per Share Basic (loss) earnings per common share amounts are calculated using the weighted-average number of common shares outstanding for the period. Diluted (loss) 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 restricted stock and stock option grants using the treasury stock method. The following table summarizes the potential dilution that could occur if stock options to acquire common stock were exercised or if the restricted stock grants were fully vested and reconciles the weighted-average common shares outstanding used in the computation of basic and diluted (loss) earnings per share. Thirteen Weeks Ended Thirty-Nine Weeks Ended November 3, October 28, November 3, October 28, (in thousands, except per share data) Numerator: Net (loss) income $ (16,223 ) $ 239 $ (19,654 ) $ 11,835 Denominator: Weighted-average common shares outstanding - basic 34,796 35,884 34,803 36,387 Restricted stocks and stock options (1) - 75 - 138 Weighted-average common shares outstanding - diluted 34,796 35,959 34,803 36,525 Per common share: Basic (loss) earnings per common share $ (0.47 ) $ 0.01 $ (0.56 ) $ 0.33 Diluted (loss) earnings per common share $ (0.47 ) $ 0.01 $ (0.56 ) $ 0.32 (1) Due to the Company being in a net loss position in the thirteen and thirty-nine weeks ended November 3, 2018, shares of restricted stock and stock options were not included in the computation of diluted loss per share as their effect would have been anti-dilutive. Potentially issuable shares under the Company’s stock-based compensation plans amounting to 1.0 ended November 3, 2018 and 0.4 million shares in the thirteen and thirty-nine weeks ended October 28, 2017, respectively, were excluded in the computation of diluted weighted-average common shares outstanding due to their anti-dilutive effect. The Company also excluded contingently issuable performance-based awards totaling 0.7 million shares in each of the thirteen and thirty-nine weeks ended November 3, 2018 and 0.4 million shares in each of the thirteen and thirty-nine weeks ended October 28, 2017 from the computation of diluted earnings per share because the pre-established goals had not been satisfied as of the end of each period.

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Nov. 03, 2018
Fair Value Disclosures [Abstract]
Fair Value Measurements	3. 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. The carrying amount reflected in the consolidated balance sheets of financial assets and liabilities, which includes cash and cash equivalents, accounts receivable, accounts payable and accrued liabilities, approximated their fair values due to the short-term nature of these financial assets and liabilities.

Asset Impairment Charges

Asset Impairment Charges	9 Months Ended
	Nov. 03, 2018
Asset Impairment Charges [Abstract]
Asset Impairment Charges	4. Asset Impairment Charges In connection with the Company’s quarterly impairment review process, the Company identified events and circumstances indicating that the carrying amounts of certain boutique long-lived assets may be impaired. In determining whether an impairment has occurred, the Company considered both qualitative and quantitative factors. The quantitative analysis involves estimating the undiscounted future cash flows and comparing it against the carrying value of the boutique’s assets. If the carrying value of the boutique’s assets is greater than the undiscounted future cash flows, an impairment loss is recognized for the difference between the carrying value of the boutique’s assets and the discounted future cash flows. The discounted future cash flows are determined based on such boutique’s historical experience, current sales trends, market conditions and other relevant factors deemed material, and discounted using a rate commensurate with the risk. The inputs used in the determination of discounted future cash flows are considered as Level 3 inputs in the fair value hierarchy, which require a significant degree of judgment and are based on the Company’s own assumptions. Based on the results of such assessment, the Company recorded non-cash asset impairment charges of $14.4 million, mostly related to 129 underperforming boutiques for which the remaining carrying value of their assets are no longer expected to be recoverable.

Income Taxes

Income Taxes	9 Months Ended
	Nov. 03, 2018
Income Tax Disclosure [Abstract]
Income Taxes	5. Income Taxes The provision for income taxes is based on the Company’s current estimate of the annual effective tax rate. The effective income tax rates for the thirteen weeks ended November 3, 2018 and October 28, 2017 were 29.3% and 45.0%, respectively, and for the thirty-nine weeks ended November 3, 2018 and October 28, 2017 were 26.2% and 39.5%, respectively. The change in the effective tax rates for the thirteen and thirty-nine weeks ended November 3, 2018 versus the prior year comparable periods was primarily due to the lower statutory federal corporate tax rate under the Tax Cuts and Jobs Act (the “Tax Act”) enacted in December 2017. As of November 3, 2018 and October 28, 2017, income tax receivable totaled $10.1 million and $9.9 million, respectively. During the thirteen weeks ended November 3, 2018, the Company recorded adjustments to previously recognized amounts related to the Tax Act resulting in $0.3 million of income of tax benefit related to the remeasurement of net deferred tax assets. The Company expects to complete its analysis of the Tax Act during the thirteen weeks ended February 2, 2019. Any additional adjustments will be reflected in income tax expense or benefit for the thirteen weeks ending February 2, 2019.

Revolving Credit Facility

Revolving Credit Facility	9 Months Ended
	Nov. 03, 2018
Debt Disclosure [Abstract]
Revolving Credit Facility	6. Revolving Credit Facility Prior Revolving Credit Facility On August 30, 2013, Francesca’s Collections, Inc., as borrower, and its parent company, Francesca’s LLC, a wholly-owned subsidiary of the Company, entered into a Second Amended and Restated Credit Agreement (“Second Amended and Restated Credit Agreement”) with Royal Bank of Canada, as Administrative Agent and Collateral Agent, and the lenders party thereto. The credit facility provided capacity of $75.0 million (including up to $10.0 million for letters of credit) and was scheduled to mature on August 30, 2018. On May 25, 2018, concurrent with entering into the Asset Based Revolving Credit Facility described below, the Second Amended and Restated Credit Agreement was terminated. Asset Based Revolving Credit Agreement On May 25, 2018, Francesca’s Holdings Corporation (the “Holdings”), as a guarantor, certain of its subsidiaries, as borrowers (the “Borrowers”), and certain of its subsidiaries as guarantors (together with Holdings and the Borrowers, the “Loan Parties”), entered into an asset based revolving Credit Agreement (“Credit Agreement”) with JPMorgan Chase Bank, N.A., as administrative agent and the lenders party thereto. The Credit Agreement provides for revolving commitments of $50.0 million (including up to $10.0 million for letters of credit) and matures on May 25, 2023. Availability under the Credit Agreement is subject to a customary borrowing base comprised of: (a) a specified percentage of the Borrower’s credit card accounts (as defined in the Credit Agreement); and (b) a specified percentage of the Borrower’s eligible inventory (as defined in the Credit Agreement), and reduced by (c) certain customary reserves and adjustments (as defined in the Credit Agreement). The Credit Agreement also contains an increase option permitting the Borrowers, subject to certain requirements, to arrange with lenders for additional revolving commitments for up to an aggregate of $25.0 million. At November 3, 2018, there were no borrowings outstanding and $34.5 million of borrowing base availability under the Credit Agreement. All obligations of each Loan Party under the Credit Agreement are unconditionally guaranteed by Holdings and each of Holdings’ existing and future direct and indirect wholly owned domestic subsidiaries, including the Borrowers. All obligations under the Credit Agreement, and the guarantees of those obligations (as well as banking services obligations and any interest rate hedging or other swap agreements), are secured by substantially all of the assets of Holdings and each of Holdings’ existing and future direct and indirect wholly owned domestic subsidiaries. In addition, the Credit Agreement requires the Loan Parties to maintain a minimum ratio of (i) EBITDAR (as defined in the Credit Agreement) minus unfinanced capital expenditures (as defined in the Credit Agreement), to (ii) fixed charges of 1.00 to 1.00 during periods when availability (as defined in the Credit Agreement) is less than $6.0 million (or has recently been less than $6.0 million as further specified in the Credit Agreement) (such ratio, the “Fixed Charge Coverage Ratio”). As of November 3, 2018, the borrowing availability under the Credit Agreement was more than $6.0 million resulting in the elimination of the Fixed Charge Coverage Ratio requirement. Borrowings under the Credit Agreement bear interest at a rate equal to an applicable margin plus, at the option of the Borrowers, either (a) in the case of base rate borrowings, a rate equal to the highest of (1) the prime rate of JPMorgan Chase Bank, N.A., (2) the federal funds rate plus 1/2 of 1.00%, and (3) LIBOR for an interest period of one month plus 1.00% (subject to a 0.0% LIBOR floor), provided that that the interest rate for base rate borrowings (including the addition of the applicable margin) shall be no less than 1.50% per annum, or (b) in the case of LIBOR borrowings, a rate equal to the LIBOR for the interest period relevant to such borrowing subject to a 0.00% floor. The applicable margin for borrowings under the Credit Agreement ranges from -0.50% to 0.00% per annum with respect to base rate borrowings and from 1.25% to 1.75% per annum with respect to LIBOR borrowings, in each case based upon the achievement of specified levels of the Fixed Charge Coverage Ratio. The Credit Agreement also requires the Borrowers to pay a commitment fee for the unused portion of the revolving facility of 0.20% per annum. In connection with the Credit Agreement, the Company incurred $0.5 million of debt issuance costs during the thirty-nine weeks ended November 3, 2018, which is being amortized over the term of the facility.

Stock-Based Compensation

Stock-Based Compensation	9 Months Ended
	Nov. 03, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation	7. Stock-based Compensation Stock-based compensation cost is measured at the grant date fair value and is recognized as an expense on a straight-line basis over the employee’s requisite service period. The Company recognized $0.7 million and $1.4 million of stock-based compensation expense in the thirteen and thirty-nine weeks ended November 3, 2018, respectively. The Company recognized a net reversal of stock-based compensation totaling $0.3 million in the thirteen weeks ended October 28, 2017 and $2.1 million of stock-based compensation expense in the thirty-nine weeks ended October 28, 2017. Management Awards During the thirty-nine weeks ended November 3, 2018 and October 28, 2017, the Company granted 0.9 million and 0.3 million shares of restricted stock, respectively, to certain executives and key employees. For the fiscal 2018 award, 50% of the total shares awarded were in the form of performance-based restricted shares (“PSA”) while the remaining 50% were in the form of time-based restricted shares (“RSA”). For the fiscal 2017 award, 65% of the total shares awarded were in the form of PSAs while the remaining 35% were in the form of RSAs. The number of PSAs that may ultimately vest will equal 0% to 150% of the target shares awarded subject to the achievement of pre-established performance goals and the employee’s continued employment through the third anniversary of the grant date. The RSAs vest in one installment on the third anniversary of the award date. At the end of each reporting period, the Company assessed the probability of achieving the pre-established performance conditions related to outstanding PSAs. As a result of this assessment, the Company recognized a reversal of previously accrued expenses totaling $0.9 million in the thirty-nine weeks ended November 3, 2018 which were recorded prior to the third quarter of fiscal year 2018. Reversal of previously accrued expenses in each of the thirteen and thirty-nine weeks ended October 28, 2017 totaled $1.2 million.

Share Repurchases

Share Repurchases	9 Months Ended
	Nov. 03, 2018
Stockholders' Equity Note [Abstract]
Share Repurchases	8. Share Repurchases On March 15, 2016, the Company’s Board of Directors authorized a $100.0 million share repurchase program (“Repurchase Plan”) which commenced in April 2016. The Repurchase Plan has no expiration date. Under the Repurchase Plan, purchases can be made from time to time in the open market, in privately negotiated transactions, under Rule 10b5-1 plans or through other available means. The specific timing and amount of the repurchases is dependent on market conditions, securities law limitations and other factors. The following table summarizes the Company’s repurchase activity for the periods presented. The cost of repurchased shares is presented as treasury stock in the unaudited consolidated balance sheets. Thirteen Weeks Ended Thirty-Nine Weeks Ended November 3, 2018 October 28, 2017 November 3, 2018 October 28, 2017 (in thousands, except per share data) Number of shares repurchased - 491 659 1,614 Total cost of shares repurchased $ - $ 3,500 $ 3,522 $ 18,517 Average price per share (includes brokers’ commission) $ - $ 7.13 $ 5.34 $ 11.48 At November 3, 2018, there was $40.2 million remaining balance available for future purchases under the Repurchase Plan.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Nov. 03, 2018
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	9. Commitments and Contingencies Operating Leases The Company leases boutique space, office space and its distribution center under operating leases expiring in various years through the fiscal year ending 2029. Certain of the leases provide that the Company may cancel the lease, with penalties as defined in the lease, if the Company’s boutique sales at that location fall below an established level. Certain leases provide for additional rent payments to be made when sales exceed a base amount. Certain operating leases provide for renewal options for periods from three to five years at their fair rental value at the time of renewal. Minimum future rental payments under non-cancellable operating leases as of November 3, 2018, are as follows: Fiscal year Amount (in thousands) Remainder of 2018 $ 12,546 2019 47,680 2020 42,268 2021 35,746 2022 29,963 Thereafter 82,093 $ 250,296 Legal Proceedings On January 27, 2017, a purported collective action lawsuit entitled Meghan Magee, et al. v. Francesca’s Holdings Corp., et al. was filed in the United States District Court for the District of New Jersey, Camden Vicinage against the Company for alleged violations of federal and state wage and hour laws. On November 6, 2018, the court conditionally certified the collective action. The Company believes that the allegations contained in the lawsuit are without merit and intends to vigorously defend itself against all claims asserted therein. A reasonable estimate of the amount of any possible loss or range of loss cannot be made at this time and, as such, the Company has not recorded an accrual for any possible loss. The Company, from time to time, is subject to various claims and legal proceedings, including employment claims, wage and hour claims, intellectual property claims, contractual and commercial disputes and other matters that arise in the ordinary course of business. While the outcome of any such claim cannot be predicted with certainty, the Company does not believe that the outcome of these matters will have a material adverse effect on the Company’s business, results of operations or financial condition.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Nov. 03, 2018
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”) for interim financial statements and are in the form prescribed by the Securities and Exchange Commission (“SEC”). Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. In the opinion of management, these unaudited financial statements include all adjustments, consisting of normal recurring adjustments, considered necessary for a fair presentation of the Company’s financial position, results of operations, changes in equity, and cash flows at the dates and for the periods presented. The financial information as of February 3, 2018 was derived from the Company’s audited consolidated financial statements and notes thereto as of and for the fiscal year ended February 3, 2018 included in the Company’s Annual Report on Form 10-K filed with the SEC on March 28, 2018. These unaudited interim consolidated financial statements should be read in conjunction with the Company’s audited consolidated financial statements and related notes as of and for the fiscal year ended February 3, 2018 included in the Company’s Annual Report on Form 10-K. Due to seasonal variations in the Company’s business, interim results are not necessarily indicative of results that may be expected for any other interim period or for a full year.
Principles of Consolidation	Principles of Consolidation The accompanying unaudited consolidated financial statements include the accounts of the Company and all its subsidiaries. All intercompany balances and transactions have been eliminated in consolidation.
Fiscal Year	Fiscal Year The Company maintains its accounts on a 52- or 53-week year ending on the Saturday closest to January 31st. Fiscal year 2018 includes 52 weeks of operations while fiscal year 2017 includes 53 weeks of operations. The fiscal quarters ended November 3, 2018 and October 28, 2017 refer to the thirteen week periods ended as of those dates. The year-to-date periods ended November 3, 2018 and October 28, 2017 refer to the thirty-nine week periods ended as of those dates.
Management Estimates and Assumptions	Management Estimates and Assumptions 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 the reported amounts of revenues, net of estimated sales returns, and expenses during the reporting periods. Actual results could differ materially from those estimates.
Revenue Recognition	Revenue Recognition The Company adopted Accounting Standards Codification (“ASC”) 606, “Revenue from Contracts with Customers” on February 4, 2018 using the modified retrospective approach. Prior period amounts were not adjusted and continue to be reported in accordance with ASC 605, “Revenue Recognition.” As a result of adoption of ASC 606, the Company recorded an adjustment of $2.0 million, net of $0.7 million tax effect, to the beginning balance of retained earnings related to the change in timing of recognizing gift card breakage income. In addition, the cost of estimated returns is now included in current assets rather than netted with the allowance for sales returns, and ecommerce sales are now recognized upon shipment rather than delivery to the customer, with the cumulative effect related to this change determined to be immaterial. The Company recognizes revenue when control of the merchandise is transferred to customers in an amount that reflects the consideration received in exchange for such merchandise. For boutique sales, control is transferred at the point at which the customer receives and pays for the merchandise at the register. For ecommerce sales, control is transferred when merchandise is tendered to a third party carrier for delivery to the customer. The consideration received is the stated price of the merchandise, net of any discount, sales tax collected and estimated sales returns, and, in the case of ecommerce sales, includes shipping revenue. Cash is typically received on the day of or, in the case of credit or debit card transactions, within several days of the related sales. Management estimates future returns on previously sold merchandise based on return history and current sales levels. Estimated returns are periodically compared to actual sales returns and adjusted, if appropriate. The provision for estimated returns is included in accrued liabilities while the associated cost of merchandise is included as part of prepaid and other current assets in the consolidated balance sheets. Disaggregated revenue The Company disaggregates net sales into the following major merchandise departments. Thirteen Weeks Ended Thirty-Nine Weeks Ended November 3, 2018 October 28, 2017 November 3, 2018 October 28, 2017 (in thousands) Apparel $ 48,397 $ 54,663 $ 154,738 $ 180,071 Jewelry 22,855 22,826 73,697 72,157 Accessories 14,844 15,360 47,509 44,076 Gifts 8,685 10,922 31,127 34,873 Others (1) 594 2,020 1,734 2,010 $ 95,375 $ 105,791 $ 308,805 $ 333,187 (1) Includes gift card breakage income, shipping revenue and change in return reserve. Contract liability Contract liability consists of gift card liability. 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 estimated based on historical redemption patterns and recognized over the historical redemption period. Unredeemed gift cards at the end of the prior fiscal year recognized in revenues for the thirteen and thirty-nine weeks ended November 3, 2018 totaled $0.6 million and $3.7 million, respectively, and for the thirteen and thirty-nine weeks ended October 28, 2017 totaled $2.1 million and $5.5 million, respectively. Revenue from gift cards during the thirteen and thirty-nine weeks ended October 28, 2017 included $1.5 million of additional gift card breakage income recognized due to the change in estimated period over which redemption of gift card is considered to be remote.
New Accounting Pronouncements	New Accounting Pronouncements Recently Adopted Accounting Pronouncements In August 2018, the SEC adopted the final rule under SEC Release 34-83875, “Disclosure Update and Simplification”, which amended certain SEC rules to eliminate, modify, or integrate certain SEC requirements in light of other SEC disclosure requirements, GAAP requirements and changes in information environment. The amendments are part of the SEC’s ongoing disclosure effectiveness initiative and eliminated redundant and duplicative requirements including, but not limited to, the ratio of earnings to fixed charges, outdated regulatory disclosures, certain accounting policies about derivative instruments and specific SEC disclosures that are also required under current GAAP. Additionally, the amendments expanded current disclosures requirements for certain companies, specifically the requirement to disclose the change in stockholders' equity for the current and comparative quarter and year-to-date interim periods. The amended rules became effective on November 5, 2018 and are to be applied to any SEC filings on or after that date. The Company adopted the provisions of this rule during the thirteen weeks ended November 3, 2018. The effectiveness of these rule modifications did not have a material impact on the Company’s consolidated financial statements. In March 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2016-04 “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 2016-04 is effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2017, with early adoption permitted. This standard may be adopted on either a modified retrospective or a retrospective basis. In May 2014, the FASB issued ASU 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. 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. This guidance may be adopted on a full retrospective basis to each prior reporting period presented or on a modified retrospective basis with the cumulative effect of initially applying the guidance recognized at the date of initial application. The Company adopted ASU 2016-04 and ASU 2014-09 on February 4, 2018 using the modified retrospective approach. Please refer to the Revenue Recognition policy section of this Note 1 to the Unaudited Consolidated Financial Statements for further information. Recent Accounting Pronouncements Not Yet Adopted In August 2018, the FASB issued ASU 2018-15, “Intangibles-Goodwill and Other-Internal-Use-Software (Subtopic 350-40): Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That is a Service Contract.” ASU 2018-15 aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software. This new guidance will be effective for fiscal years beginning after December 15, 2019 and interim periods within those fiscal years. Early adoption is permitted. The Company is currently evaluating the effect that the new guidance will have on its consolidated financial statements and related disclosures. In February 2016, the FASB issued ASU 2016-02, “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 ASC Topic 606, Revenue from Contracts with Customers. In July 2018, the FASB issued ASU 2018-11, “Leases (Topic 842): Targeted Improvements,” to provide an additional, optional transition method for adopting ASU 2016-02 which allow entities to apply the new lease standard at the adoption date and recognize a cumulative effect adjustment to the opening balance of retained earnings in the period of adoption while comparative periods presented will continue to be in presented in accordance with current ASC Topic 840 This new guidance will be effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Early adoption is permitted. The guidance is required to be adopted using either the modified retrospective approach or the additional, optional transition method set forth in ASU 2018-11. The Company is in the process of compiling all agreements that are considered a lease under this new guidance as well as implementing its leasing software solution, including identifying changes to its business processes, systems and controls to support its adoption in fiscal year 2019. While the Company is still evaluating the impact of this new guidance on its consolidated financial statements, it expects that the adoption of this guidance will not have a material impact on its results of operations; however, it will result in a significant increase in total assets and total liabilities on the Company’s balance sheet given that the Company has a significant number of leases.
(Loss) Earnings per Share	(Loss) Earnings per Share Basic (loss) earnings per common share amounts are calculated using the weighted-average number of common shares outstanding for the period. Diluted (loss) 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 restricted stock and stock option grants using the treasury stock method. The following table summarizes the potential dilution that could occur if stock options to acquire common stock were exercised or if the restricted stock grants were fully vested and reconciles the weighted-average common shares outstanding used in the computation of basic and diluted (loss) earnings per share.
Stock-Based Compensation	Stock-based Compensation Stock-based compensation cost is measured at the grant date fair value and is recognized as an expense on a straight-line basis over the employee’s requisite service period. The Company recognized $0.7 million and $1.4 million of stock-based compensation expense in the thirteen and thirty-nine weeks ended November 3, 2018, respectively. The Company recognized a net reversal of stock-based compensation totaling $0.3 million in the thirteen weeks ended October 28, 2017 and $2.1 million of stock-based compensation expense in the thirty-nine weeks ended October 28, 2017.

Disaggregated Revenues (Tables)

Disaggregated Revenues (Tables)	9 Months Ended
	Nov. 03, 2018
Disaggregation of Revenue [Abstract]
Schedule of Sales by Major Merchandise Categories	The Company disaggregates net sales into the following major merchandise departments. Thirteen Weeks Ended Thirty-Nine Weeks Ended November 3, 2018 October 28, 2017 November 3, 2018 October 28, 2017 (in thousands) Apparel $ 48,397 $ 54,663 $ 154,738 $ 180,071 Jewelry 22,855 22,826 73,697 72,157 Accessories 14,844 15,360 47,509 44,076 Gifts 8,685 10,922 31,127 34,873 Others (1) 594 2,020 1,734 2,010 $ 95,375 $ 105,791 $ 308,805 $ 333,187 (1) Includes gift card breakage income, shipping revenue and change in return reserve.

(Loss) Earnings per Share (Tabl

(Loss) Earnings per Share (Tables)	9 Months Ended
	Nov. 03, 2018
Earnings Per Share [Abstract]
(Loss) Earnings per Share	The following table summarizes the potential dilution that could occur if stock options to acquire common stock were exercised or if the restricted stock grants were fully vested and reconciles the weighted-average common shares outstanding used in the computation of basic and diluted (loss) earnings per share. Thirteen Weeks Ended Thirty-Nine Weeks Ended November 3, October 28, November 3, October 28, (in thousands, except per share data) Numerator: Net (loss) income $ (16,223 ) $ 239 $ (19,654 ) $ 11,835 Denominator: Weighted-average common shares outstanding - basic 34,796 35,884 34,803 36,387 Restricted stocks and stock options (1) - 75 - 138 Weighted-average common shares outstanding - diluted 34,796 35,959 34,803 36,525 Per common share: Basic (loss) earnings per common share $ (0.47 ) $ 0.01 $ (0.56 ) $ 0.33 Diluted (loss) earnings per common share $ (0.47 ) $ 0.01 $ (0.56 ) $ 0.32 (1) Due to the Company being in a net loss position in the thirteen and thirty-nine weeks ended November 3, 2018, shares of restricted stock and stock options were not included in the computation of diluted loss per share as their effect would have been anti-dilutive.

Share Repurchases (Tables)

Share Repurchases (Tables)	9 Months Ended
	Nov. 03, 2018
Stockholders' Equity Note [Abstract]
Schedule of Shares Repurchased	The following table summarizes the Company’s repurchase activity for the periods presented. The cost of repurchased shares is presented as treasury stock in the unaudited consolidated balance sheets. Thirteen Weeks Ended Thirty-Nine Weeks Ended November 3, 2018 October 28, 2017 November 3, 2018 October 28, 2017 (in thousands, except per share data) Number of shares repurchased - 491 659 1,614 Total cost of shares repurchased $ - $ 3,500 $ 3,522 $ 18,517 Average price per share (includes brokers’ commission) $ - $ 7.13 $ 5.34 $ 11.48

Commitments and Contingencies (

Commitments and Contingencies (Tables)	9 Months Ended
	Nov. 03, 2018
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 November 3, 2018, are as follows: Fiscal year Amount (in thousands) Remainder of 2018 $ 12,546 2019 47,680 2020 42,268 2021 35,746 2022 29,963 Thereafter 82,093 $ 250,296

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Sales by Merchandise Category) (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Nov. 03, 2018	Oct. 28, 2017	Nov. 03, 2018	Oct. 28, 2017
Disaggregation of Revenue [Line Items]
Net sales		$ 95,375	$ 105,791	$ 308,805	$ 333,187
Apparel [Member]
Disaggregation of Revenue [Line Items]
Net sales		48,397	54,663	154,738	180,071
Jewelry [Member]
Disaggregation of Revenue [Line Items]
Net sales		22,855	22,826	73,697	72,157
Accessories [Member]
Disaggregation of Revenue [Line Items]
Net sales		14,844	15,360	47,509	44,076
Gifts [Member]
Disaggregation of Revenue [Line Items]
Net sales		8,685	10,922	31,127	34,873
Others [Member]
Disaggregation of Revenue [Line Items]
Net sales	[1]	$ 594	$ 2,020	$ 1,734	$ 2,010
[1]	Includes gift card breakage income, shipping revenue and change in return reserve.

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Details Textual) $ in Thousands	3 Months Ended				9 Months Ended
	Nov. 03, 2018USD ($)	May 05, 2018USD ($)	Oct. 28, 2017USD ($)	Apr. 29, 2017USD ($)	Nov. 03, 2018USD ($)	Oct. 28, 2017USD ($)
Summary of Significant Accounting Policies [Line Items]
Year Founded					2,007
State of Incorporation					Delaware
Number of Boutiques in Operation	738				738
Number of States in which Entity Operates	47				47
Cumulative effect on adoption of new accounting standards, net of tax		$ 2,134		$ 47
Unredeemed gift card as of the prior year end recognized in revenues	$ 600		$ 2,100		$ 3,700	$ 5,500
Change In Estimated Redemption Period For Prepaid Stored Value Card [Member] | Net Sales [Member]
Summary of Significant Accounting Policies [Line Items]
Gift card breakage income			$ 1,500			$ 1,500
Accounting Standards Update 2016-04 [Member]
Summary of Significant Accounting Policies [Line Items]
Cumulative effect on adoption of new accounting standards, net of tax					2,000
Cumulative effect adjustment, income tax impact					$ 700
Fiscal Year [Member]
Summary of Significant Accounting Policies [Line Items]
Length of Fiscal Period					364 days	371 days
Fiscal Quarter [Member]
Summary of Significant Accounting Policies [Line Items]
Length of Fiscal Period	91 days		91 days
Year-to-Date [Member]
Summary of Significant Accounting Policies [Line Items]
Length of Fiscal Period					182 days	182 days
Minimum [Member]
Summary of Significant Accounting Policies [Line Items]
Length of Fiscal Period					364 days
Maximum [Member]
Summary of Significant Accounting Policies [Line Items]
Length of Fiscal Period					371 days

(Loss) Earnings per Share (Reco

(Loss) Earnings per Share (Reconciliation Table) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands		3 Months Ended						9 Months Ended
		Nov. 03, 2018	Aug. 04, 2018	May 05, 2018	Oct. 28, 2017	Jul. 29, 2017	Apr. 29, 2017	Nov. 03, 2018	Oct. 28, 2017
Numerator:
Net (loss) income		$ (16,223)	$ 454	$ (3,885)	$ 239	$ 7,263	$ 4,333	$ (19,654)	$ 11,835
Denominator:
Weighted-average common shares outstanding - basic		34,796			35,884			34,803	36,387
Restricted stocks and stock options	[1]	0			75			0	138
Weighted-average common shares outstanding - diluted		34,796			35,959			34,803	36,525
Per common share:
Basic (loss) earnings per common share		$ (0.47)			$ 0.01			$ (0.56)	$ 0.33
Diluted (loss) earnings per common share		$ (0.47)			$ 0.01			$ (0.56)	$ 0.32
[1]	Due to the Company being in a net loss position in the thirteen and thirty-nine weeks ended November 3, 2018, shares of restricted stock and stock options were not included in the computation of diluted loss per share as their effect would have been anti-dilutive.

(Loss) Earnings per Share (Deta

(Loss) Earnings per Share (Details Textual) - shares shares in Millions	3 Months Ended		9 Months Ended
	Nov. 03, 2018	Oct. 28, 2017	Nov. 03, 2018	Oct. 28, 2017
Stock Compensation Plan [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share
Securities Excluded from Computation of Diluted Weighted Average Common Stock Outstanding	1	0.5	1	0.4
Performance Shares [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share
Securities Excluded from Computation of Diluted Weighted Average Common Stock Outstanding	0.7	0.4	0.7	0.4

Asset Impairment Charges (Detai

Asset Impairment Charges (Details Textual) $ in Thousands	3 Months Ended		9 Months Ended
	Nov. 03, 2018USD ($)	Oct. 28, 2017USD ($)	Nov. 03, 2018USD ($)	Oct. 28, 2017USD ($)
Impaired Long-Lived Assets Held and Used [Line Items]
Asset Impairment Charges	$ 14,419	$ 0	$ 14,567	$ 100
Number of boutiques	738		738
Boutique Assets Impaired [Member]
Impaired Long-Lived Assets Held and Used [Line Items]
Number of boutiques	129		129

Income Taxes (Details Textual)

Income Taxes (Details Textual) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Nov. 03, 2018	Oct. 28, 2017	Nov. 03, 2018	Oct. 28, 2017
Income Tax Disclosure [Abstract]
Effective Income Tax Rate	29.30%	45.00%	26.20%	39.50%
Income tax receivable	$ 10.1	$ 9.9	$ 10.1	$ 9.9
Income tax benefit related to the remeasurement of net deferred tax asset	$ 0.3

Revolving Credit Facility (Deta

Revolving Credit Facility (Details Textual) $ in Thousands	9 Months Ended
	Nov. 03, 2018USD ($)	Oct. 28, 2017USD ($)
Revolving Credit Facility Details
Payments of Debt Issuance Costs	$ 471	$ 0
Prior Revolving Credit Facility [Member]
Revolving Credit Facility Details
Initiation Date	Aug. 30, 2013
Maximum Borrowing Capacity	$ 75,000
Maturity Date	Aug. 30, 2018
Line Of Credit Availability For Letters Of Credit	$ 10,000
ABL Credit Facility [Member]
Revolving Credit Facility Details
Initiation Date	May 25, 2018
Maximum Borrowing Capacity	$ 50,000
Maturity Date	May 25, 2023
Line Of Credit Facility Optional Additional Borrowing Capacity	$ 25,000
Line of Credit	0
Line Of Credit Availability For Letters Of Credit	$ 10,000
Required Fixed Charge Coverage Ratio	1
Minimum Availability to Trigger Minimum Fixed Charge Coverage Ratio	$ 6,000
Unused Commitment Fee	0.20%
LIBOR Floor	0.00%
Available borrowing capacity	$ 34,500
ABL Credit Facility [Member] | Base rate [Member]
Revolving Credit Facility Details
Percentage added to one month LIBOR	1.00%
Percentage Added To Federal Funds Rate	0.50%
ABL Credit Facility [Member] | Base rate [Member] | Maximum [Member]
Revolving Credit Facility Details
Applicable margin rate	0.00%
ABL Credit Facility [Member] | Base rate [Member] | Minimum [Member]
Revolving Credit Facility Details
Applicable margin rate	(0.50%)
Interest rate	1.50%
ABL Credit Facility [Member] | LIBOR [Member] | Maximum [Member]
Revolving Credit Facility Details
Applicable margin rate	1.75%
ABL Credit Facility [Member] | LIBOR [Member] | Minimum [Member]
Revolving Credit Facility Details
Applicable margin rate	1.25%

Stock-based Compensation (Detai

Stock-based Compensation (Details Textual) - USD ($) shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Nov. 03, 2018	Oct. 28, 2017	Nov. 03, 2018	Oct. 28, 2017
Stock-based Compensation Disclosures
Stock-based compensation expense	$ 0.7	$ 0.3	$ 1.4	$ 2.1
Management [Member]
Stock-based Compensation Disclosures
Number of shares granted (shares)			0.9	0.3
Restricted Stock [Member] | Management [Member]
Stock-based Compensation Disclosures
Vesting term			3 years	3 years
Percent of shares awarded			50.00%	35.00%
Performance Shares [Member] | Management [Member]
Stock-based Compensation Disclosures
Vesting term			3 years	3 years
Percent of shares awarded			50.00%	65.00%
Stock-based compensation expense		$ (1.2)	$ (0.9)	$ (1.2)
Performance Shares [Member] | Management [Member] | Minimum [Member]
Stock-based Compensation Disclosures
Percent of Target Shares that May Vest			0.00%	0.00%
Performance Shares [Member] | Management [Member] | Maximum [Member]
Stock-based Compensation Disclosures
Percent of Target Shares that May Vest			150.00%	150.00%

Share Repurchases (Details)

Share Repurchases (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended					9 Months Ended
	Nov. 03, 2018	May 05, 2018	Oct. 28, 2017	Jul. 29, 2017	Apr. 29, 2017	Nov. 03, 2018	Oct. 28, 2017
Treasury Stock Disclosure [Line Items]
Number of shares repurchased	0		491			659	1,614
Total cost of shares repurchased	$ 0	$ 3,522	$ 3,501	$ 5,731	$ 9,285	$ 3,522	$ 18,517
Average price per share (includes brokers' commission)	$ 0		$ 7.13			$ 5.34	$ 11.48

Share Repurchases (Details Text

Share Repurchases (Details Textual) - New Repurchase Plan [Member] - USD ($) $ in Millions	Nov. 03, 2018	Mar. 15, 2016
Equity, Class of Treasury Stock [Line Items]
Amount Authorized Under the Stock Repurchase Program		$ 100
Remaining amount for future repurchases	$ 40.2

Commitments and Contingencies_2

Commitments and Contingencies (Future Minimum Lease Payments) (Details) $ in Thousands	Nov. 03, 2018USD ($)
Future Minimum Payments [Abstract]
Remainder of 2018	$ 12,546
2,019	47,680
2,020	42,268
2,021	35,746
2,022	29,963
Thereafter	82,093
Total	$ 250,296

Commitments and Contingencies_3

Commitments and Contingencies (Details Textual)	9 Months Ended
	Nov. 03, 2018
Operating Leased Assets [Line Items]
Lease Expiration Year	2,029
Maximum [Member]
Operating Leased Assets [Line Items]
Lessee, Operating Lease, Renewal Term	5 years
Minimum [Member]
Operating Leased Assets [Line Items]
Lessee, Operating Lease, Renewal Term	3 years