Express (EXPRQ) 10-Q 7 Jun 17 2017 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Apr. 29, 2017	May 27, 2017
Document And Entity Information [Abstract]
Entity Registrant Name	EXPRESS, INC.
Entity Central Index Key	1,483,510
Current Fiscal Year End Date	--02-03
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Apr. 29, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q1
Amendment Flag	false
Entity Common Stock, Shares Outstanding (in shares)		78,795,186

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Apr. 29, 2017	Jan. 28, 2017
CURRENT ASSETS:
Cash and cash equivalents	$ 190,992	$ 207,373
Receivables, net	16,218	15,787
Inventories	287,496	241,424
Prepaid minimum rent	31,109	31,626
Other	21,785	17,923
Total current assets	547,600	514,133
PROPERTY AND EQUIPMENT	1,039,467	1,029,176
Less: accumulated depreciation	(599,126)	(577,890)
Property and equipment, net	440,341	451,286
TRADENAME/DOMAIN NAMES/TRADEMARKS	197,618	197,618
DEFERRED TAX ASSETS	7,797	7,926
OTHER ASSETS	13,413	14,226
Total assets	1,206,769	1,185,189
CURRENT LIABILITIES:
Accounts payable	197,751	172,668
Deferred revenue	25,179	29,428
Accrued expenses	112,344	80,301
Total current liabilities	335,274	282,397
DEFERRED LEASE CREDITS	147,313	146,328
OTHER LONG-TERM LIABILITIES	90,910	120,777
Total liabilities	573,497	549,502
COMMITMENTS AND CONTINGENCIES (Note 10)
STOCKHOLDERS’ EQUITY:
Preferred stock – $0.01 par value; 10,000 shares authorized; no shares issued or outstanding	0	0
Common stock – $0.01 par value; 500,000 shares authorized; 92,563 shares and 92,063 shares issued at April 29, 2017 and January 28, 2017, respectively, and 78,737 shares and 78,422 shares outstanding at April 29, 2017 and January 28, 2017, respectively	926	921
Additional paid-in capital	189,111	185,097
Accumulated other comprehensive loss	(4,172)	(3,803)
Retained earnings	686,184	690,715
Treasury stock – at average cost; 13,826 shares and 13,641 shares at April 29, 2017 and January 28, 2017, respectively	(238,777)	(237,243)
Total stockholders’ equity	633,272	635,687
Total liabilities and stockholders’ equity	$ 1,206,769	$ 1,185,189

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - $ / shares	Apr. 29, 2017	Jan. 28, 2017
Statement of Financial Position [Abstract]
Preferred stock, par value (usd per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value (usd per share)	$ 0.01	$ 0.01
Common stock, shares authorized	500,000,000	500,000,000
Common stock, shares issued	92,563,000	92,063,000
Common stock, shares outstanding	78,737,000	78,422,000
Treasury stock, shares	13,826,000	13,641,000

Consolidated Statements of Inco

Consolidated Statements of Income and Comprehensive Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Apr. 29, 2017	Apr. 30, 2016
Income Statement [Abstract]
NET SALES	$ 467,029	$ 502,909
COST OF GOODS SOLD, BUYING AND OCCUPANCY COSTS	340,031	335,161
Gross profit	126,998	167,748
OPERATING EXPENSES:
Selling, general, and administrative expenses	130,072	135,762
Restructuring costs	6,271	0
Other operating (income) expense, net	401	165
Total operating expenses	136,744	135,927
OPERATING (LOSS)/INCOME	(9,746)	31,821
INTEREST EXPENSE, NET	797	11,731
OTHER INCOME, NET	(12)	(690)
(LOSS)/INCOME BEFORE INCOME TAXES	(10,531)	20,780
INCOME TAX (BENEFIT)/EXPENSE	(6,000)	7,898
NET (LOSS)/INCOME	(4,531)	12,882
OTHER COMPREHENSIVE INCOME:
Foreign currency translation (loss) gain	(369)	1,531
COMPREHENSIVE (LOSS)/INCOME	$ (4,900)	$ 14,413
EARNINGS PER SHARE:
Basic (usd per share)	$ (0.06)	$ 0.16
Diluted (usd per share)	$ (0.06)	$ 0.16
WEIGHTED AVERAGE SHARES OUTSTANDING:
Basic (in shares)	78,446	79,063
Diluted (in shares)	78,446	79,914

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	3 Months Ended
	Apr. 29, 2017	Apr. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:
Net (loss)/income	$ (4,531,000)	$ 12,882,000
Adjustments to reconcile net (loss)/income to net cash provided by operating activities:
Depreciation and amortization	22,893,000	16,783,000
Loss on disposal of property and equipment	403,000	290,000
Impairment charge	5,512,000	0
Amortization of lease financing obligation discount	0	11,354,000
Share-based compensation	4,018,000	4,368,000
Deferred taxes	1,133,000	(235,000)
Landlord allowance amortization	(3,126,000)	(2,138,000)
Changes in operating assets and liabilities:
Receivables, net	(442,000)	5,633,000
Inventories	(46,220,000)	(25,600,000)
Accounts payable, deferred revenue, and accrued expenses	20,635,000	(42,534,000)
Other assets and liabilities	676,000	3,536,000
Net cash provided by/(used in) operating activities	951,000	(15,661,000)
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures	(14,623,000)	(18,247,000)
Net cash used in investing activities	(14,623,000)	(18,247,000)
CASH FLOWS FROM FINANCING ACTIVITIES:
Payments on lease financing obligations	(414,000)	(389,000)
Repayments of financing arrangements	(303,000)	0
Proceeds from exercise of stock options	0	2,703,000
Repurchase of common stock under share repurchase program	0	(41,527,000)
Repurchase of common stock for tax withholding obligations	(1,534,000)	(4,340,000)
Net cash used in financing activities	(2,251,000)	(43,553,000)
EFFECT OF EXCHANGE RATE ON CASH	(458,000)	1,591,000
NET DECREASE IN CASH AND CASH EQUIVALENTS	(16,381,000)	(75,870,000)
CASH AND CASH EQUIVALENTS, Beginning of period	207,373,000	186,903,000
CASH AND CASH EQUIVALENTS, End of period	$ 190,992,000	$ 111,033,000

Description of Business and Bas

Description of Business and Basis of Presentation	3 Months Ended
	Apr. 29, 2017
Description of Business and Basis of Presentation [Abstract]
Description of Business and Basis of Presentation	Description of Business and Basis of Presentation Business Description Express, Inc., together with its subsidiaries ("Express" or the "Company"), is a specialty apparel and accessories retailer of women's and men's merchandise, targeting the 20 to 30 year old customer. Express merchandise is sold through retail and factory outlet stores and the Company's e-commerce website, www.express.com, as well as its mobile app. As of April 29, 2017 , Express operated 543 primarily mall-based retail stores in the United States, Canada, and Puerto Rico as well as 109 factory outlet stores. Additionally, as of April 29, 2017 , the Company earned revenue from 18 franchise stores in Latin America. These franchise stores are operated by franchisees pursuant to franchise agreements. Under the franchise agreements, the franchisees operate stand-alone Express stores that sell Express-branded apparel and accessories purchased directly from the Company. On May 4, 2017, Express announced its intention to exit the Canadian market and Express Fashion Apparel Canada Inc. and one of its wholly owned subsidiaries filed for protection (the "Filing") in Canada under the Companies' Creditors Arrangement Act (CCAA) with the Ontario Superior Court of Justice in Toronto. As of the Filing date, Canada retail operations will be deconsolidated from the Company's financial statements. Canadian financial results prior to the Filing will continue to be included in the Company's consolidated financial statements. See Note 12 for additional information. Fiscal Year The Company's fiscal year ends on the Saturday closest to January 31. Fiscal years are referred to by the calendar year in which the fiscal year commences. References herein to " 2017 " and " 2016 " represent the 53-week period ended February 3, 2018 and the 52-week period ended January 28, 2017 . All references herein to "the first quarter of 2017 " and "the first quarter of 2016 " represent the thirteen weeks ended April 29, 2017 and April 30, 2016 , respectively. 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 information and therefore do not include all of the information or footnotes required by GAAP for complete financial statements. In the opinion of management, the accompanying unaudited Consolidated Financial Statements reflect all adjustments (which are of a normal recurring nature) necessary to state fairly the financial position, results of operations, and cash flows for the interim periods, but are not necessarily indicative of the results of operations to be anticipated for 2017 . Therefore, these statements should be read in conjunction with the Consolidated Financial Statements and Notes thereto for the year ended January 28, 2017 , included in the Company's Annual Report on Form 10-K, filed with the SEC on March 24, 2017 . Principles of Consolidation The unaudited Consolidated Financial Statements include the accounts of Express, Inc. and its wholly-owned subsidiaries. All intercompany transactions and balances have been eliminated in consolidation. Use of Estimates in the Preparation of Financial Statements 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 at the date of the unaudited Consolidated Financial Statements and the reported amounts of revenue and expense during the reporting period, as well as the related disclosure of contingent assets and liabilities as of the date of the unaudited Consolidated Financial Statements. Actual results may differ from those estimates. The Company revises its estimates and assumptions as new information becomes available. Recently Issued Accounting Pronouncements In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2014-09, "Revenue from Contracts with Customers (Topic 606)." ASU 2014-09 supersedes the revenue recognition requirements in "Revenue Recognition (Topic 605)," and 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 to which the entity expects to be entitled to in exchange for those goods or services. In August 2015, the FASB issued ASU 2015-14, which defers the effective date of ASU 2014-09 to annual and interim reporting periods beginning after December 15, 2017 with early application permitted for annual and interim reporting periods beginning after December 15, 2016. The Company continues to evaluate the impact that adopting this standard will have on its consolidated financial statements, but currently expects that the adoption will primarily impact the accounting for points earned under the Company's loyalty program and the timing of revenue recognition for e-commerce sales. Neither of these changes is expected to have a material effect on the Company's financial position. In February 2016, the FASB issued ASU No. 2016-02, "Leases (Topic 842)." ASU 2016-02 requires entities to recognize lease assets and lease liabilities on the balance sheet and to disclose key information about leasing arrangements. Under ASU 2016-02, a lessee should recognize a liability to make lease payments and a right-of-use asset representing its right to use the underlying asset for the lease term on its balance sheet. The new standard is effective for annual and interim periods beginning after December 15, 2018. ASU 2016-02 mandates a modified retrospective transition method with early adoption permitted. The Company continues to evaluate the impact that adopting ASU 2016-02 will have on its consolidated financial statements, but the most significant impact will be to increase assets and liabilities on the consolidated balance sheet by the present value of the Company's leasing obligations, which are primarily related to store leases.

Segment Reporting

Segment Reporting	3 Months Ended
	Apr. 29, 2017
Segment Reporting [Abstract]
Segment Reporting	Segment Reporting The Company defines an operating segment on the same basis that it uses to evaluate performance internally. The Company has determined that, together, its President and Chief Executive Officer and its Chief Operating Officer are the Chief Operating Decision Maker, and that there is one operating segment. Therefore, the Company reports results as a single segment, which includes the operation of its Express brick-and-mortar retail and outlet stores, e-commerce operations, and franchise operations. The following is information regarding the Company's major product categories and sales channels: Thirteen Weeks Ended April 29, 2017 April 30, 2016 (in thousands) Apparel $ 408,578 $ 441,243 Accessories and other 46,773 52,652 Other revenue 11,678 9,014 Total net sales $ 467,029 $ 502,909 Thirteen Weeks Ended April 29, 2017 April 30, 2016 (in thousands) Stores $ 357,779 $ 416,902 E-commerce 97,572 76,993 Other revenue 11,678 9,014 Total net sales $ 467,029 $ 502,909 Other revenue consists primarily of sell-off revenue related to mark-out-of-stock inventory sales to third parties, shipping and handling revenue related to e-commerce activity, and revenue from franchise agreements. Revenue and long-lived assets relating to the Company's international operations for the thirteen weeks ended and as of April 29, 2017 and April 30, 2016 , respectively, were not material for any period presented and, therefore, are not reported separately from domestic revenue or long-lived assets.

Earnings Per Share

Earnings Per Share	3 Months Ended
	Apr. 29, 2017
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share The following table provides a reconciliation between basic and diluted weighted-average shares used to calculate basic and diluted earnings per share: Thirteen Weeks Ended April 29, 2017 April 30, 2016 (in thousands) Weighted-average shares - basic 78,446 79,063 Dilutive effect of stock options and restricted stock units — 851 Weighted-average shares - diluted 78,446 79,914 Equity awards representing 4.4 million shares of common stock were excluded from the computation of diluted earnings per share for the thirteen weeks ended April 29, 2017 , as the inclusion of these awards would have been anti-dilutive. Equity awards representing 1.2 million shares of common stock were excluded from the computation of diluted earnings per share for the thirteen weeks ended April 30, 2016 , as the inclusion of these awards would have been anti-dilutive. Additionally, for the thirteen weeks ended April 29, 2017 , 1.5 million shares were excluded from the computation of diluted weighted average shares because the number of shares that will ultimately be issued is contingent on the Company's performance compared to pre-established performance goals which have not been achieved as of April 29, 2017 .

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Apr. 29, 2017
Fair Value Disclosures [Abstract]
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 as of the measurement date. Level 1-Valuation is based upon quoted prices (unadjusted) for identical assets or liabilities in active markets. Level 2-Valuation is based upon quoted prices for similar assets and liabilities in active markets or other inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument. Level 3-Valuation is based upon other unobservable inputs that are significant to the fair value measurement. Financial Assets The following table presents the Company's financial assets measured at fair value on a recurring basis as of April 29, 2017 and January 28, 2017 , aggregated by the level in the fair value hierarchy within which those measurements fall. April 29, 2017 Level 1 Level 2 Level 3 (in thousands) Money market funds $ 155,232 $ — $ — January 28, 2017 Level 1 Level 2 Level 3 (in thousands) Money market funds $ 177,551 $ — $ — The carrying amounts reflected on the unaudited Consolidated Balance Sheets for cash, cash equivalents, receivables, prepaid expenses, and payables as of April 29, 2017 and January 28, 2017 approximated their fair values. Non-Financial Assets The Company's non-financial assets, which include fixtures, equipment, improvements, and intangible assets, are not required to be measured at fair value on a recurring basis. However, if certain triggering events occur indicating the carrying value of these assets may not be recoverable, or annually in the case of indefinite lived intangibles, an impairment test is required. The impairment test requires the Company to estimate the fair value of the assets and compare this to the carrying value of the assets. If the fair value of the asset is less than the carrying value, then an impairment charge is recognized and the non-financial assets are recorded at fair value. The Company estimates the fair value using a discounted cash flow model. Factors used in the evaluation include, but are not limited to, management's plans for future operations, recent operating results, and projected cash flows. During the thirteen weeks ended April 29, 2017 , the Company recognized impairment charges of approximately $5.5 million related to its 17 Canadian stores, all of which are now fully impaired. These charges are included in restructuring costs on the unaudited Consolidated Statement of Income. See Note 12 for additional discussion surrounding the exit of Canada. During the thirteen weeks ended April 30, 2016 , the Company did no t recognize any impairment charges.

Intangible Assets

Intangible Assets	3 Months Ended
	Apr. 29, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets	Intangible Assets The following table provides the significant components of intangible assets: April 29, 2017 Cost Accumulated Amortization Ending Net Balance (in thousands) Tradename/domain names/trademarks $ 197,618 $ — $ 197,618 Licensing arrangements 425 233 192 $ 198,043 $ 233 $ 197,810 January 28, 2017 Cost Accumulated Amortization Ending Net Balance (in thousands) Tradename/domain names/trademarks $ 197,618 $ — $ 197,618 Licensing arrangements 425 221 204 $ 198,043 $ 221 $ 197,822 The Company's tradename, Internet domain names, and trademarks have indefinite lives. Licensing arrangements are amortized over a period of ten years and are included in other assets on the unaudited Consolidated Balance Sheets.

Income Taxes

Income Taxes	3 Months Ended
	Apr. 29, 2017
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The provision for income taxes is based on a current estimate of the annual effective tax rate adjusted to reflect the impact of discrete items. The Company's effective income tax rate may fluctuate from quarter to quarter as a result of a variety of factors, including changes in the Company's assessment of certain tax contingencies, valuation allowances, changes in tax law, outcomes of administrative audits, the impact of discrete items, and the mix of earnings. The Company's effective tax rate was 57.0% and 38.0% for the thirteen weeks ended April 29, 2017 and April 30, 2016 , respectively. The effective tax rate for the thirteen weeks ended April 29, 2017 reflects $5.0 million of discrete tax benefit related to our exit from Canada as more fully described in Note 12. This consists of a $7.3 million tax benefit related to the write-off of Express’ excess tax basis in its investment in Canada and a $2.3 million tax expense primarily related to an increase in the valuation allowance as a result of asset impairment. This benefit was partially offset by discrete charges of $2.0 million related to a tax shortfall for share-based compensation and $1.2 million for a valuation allowance that was recorded against the deferred tax asset for deferred compensation. The total deferred tax asset for deferred compensation of $11.4 million , less the estimated valuation allowance of $1.2 million , will be realized upon payout to the Non-Qualified Retirement Plan participants as more fully described in Note 13.

Lease Financing Obligations

Lease Financing Obligations	3 Months Ended
	Apr. 29, 2017
Leases [Abstract]
Lease Financing Obligations	Lease Financing Obligations In certain lease arrangements, the Company is involved in the construction of the building. To the extent the Company is involved in the construction of structural improvements or takes construction risk prior to commencement of a lease, it is deemed the owner of the project for accounting purposes. Therefore, the Company records an asset in property and equipment on the unaudited Consolidated Balance Sheets, including any capitalized interest costs, and related liabilities in accrued interest and lease financing obligations in other long-term liabilities on the unaudited Consolidated Balance Sheets, for the replacement cost of the Company's portion of the pre-existing building plus the amount of construction costs incurred by the landlord as of the balance sheet date. The initial terms of the lease arrangements for which the Company is considered the owner are expected to expire in 2023 and 2030. The net book value of landlord funded construction, replacement cost of pre-existing property, and capitalized interest in property and equipment on the unaudited Consolidated Balance Sheets was $62.9 million and $63.8 million , as of April 29, 2017 and January 28, 2017 , respectively. There was also $67.8 million and $68.2 million of lease financing obligations as of April 29, 2017 and January 28, 2017 , respectively, in other long-term liabilities on the unaudited Consolidated Balance Sheets. Rent expense relating to the land is recognized on a straight-line basis over the lease term. The Company does not report rent expense for the portion of the rent payment determined to be related to the buildings which are owned for accounting purposes. Rather, this portion of the rent payment under the lease is recognized as interest expense and a reduction of the lease financing obligations. In February 2016, the Company amended its lease arrangement with the landlord of the Times Square Flagship store. The amendment provided the landlord with the option to cancel the lease upon sufficient notice through December 31, 2016. The option was never exercised and therefore expired on December 31, 2016. In conjunction with amending the lease, the Company recognized an $11.4 million put option liability and a related offset as a discount on the lease financing obligation. The discount was amortized over the shortest period under which the landlord was able to exercise this option ( 60 days). This resulted in the full amortization of the $11.4 million discount during the first quarter of 2016. The amortization of the discount was recorded as interest expense. As of April 29, 2017 , the fair value of the put option was $8.8 million of which $8.1 million is included within other long-term liabilities on the Consolidated Balance Sheets. This amount will be amortized through interest expense over the remaining lease term.

Debt

Debt	3 Months Ended
	Apr. 29, 2017
Debt Disclosure [Abstract]
Debt	Debt A summary of the Company's financing activities are as follows: Revolving Credit Facility On May 20, 2015, Express Holding, LLC, a wholly-owned subsidiary of the Company ("Express Holding"), and its subsidiaries entered into an Amended and Restated $250.0 million secured Asset-Based Credit Facility ("Revolving Credit Facility"). The expiration date of the facility is May 20, 2020. As of April 29, 2017 , there were no borrowings outstanding and approximately $246.8 million available under the Revolving Credit Facility. The Revolving Credit Facility requires Express Holding and its subsidiaries to maintain a fixed charge coverage ratio of at least 1.0 : 1.0 if excess availability plus eligible cash collateral is less than 10% of the borrowing base. In addition, the Revolving Credit Facility contains customary covenants and restrictions on Express Holding's and its subsidiaries' activities, including, but not limited to, limitations on the incurrence of additional indebtedness, liens, negative pledges, guarantees, investments, loans, asset sales, mergers, acquisitions, prepayment of other debt, distributions, dividends, the repurchase of capital stock, transactions with affiliates, the ability to change the nature of its business or fiscal year, and permitted business activities. All obligations under the Revolving Credit Facility are guaranteed by Express Holding and its domestic subsidiaries (that are not borrowers) and secured by a lien on, among other assets, substantially all working capital assets including cash, accounts receivable, and inventory, of Express Holding and its domestic subsidiaries. Letters of Credit The Company may enter into stand-by letters of credit ("stand-by LCs") on an as-needed basis to secure payment obligations for merchandise purchases and other general and administrative expenses. As of April 29, 2017 and January 28, 2017 , outstanding stand-by LCs totaled $3.2 million .

Share-Based Compensation

Share-Based Compensation	3 Months Ended
	Apr. 29, 2017
Share-based Compensation [Abstract]
Share-Based Compensation	Share-Based Compensation The Company records the fair value of share-based payments to employees in the unaudited Consolidated Statements of Income and Comprehensive Income as compensation expense, net of forfeitures, over the requisite service period. Share-Based Compensation Plans The following summarizes share-based compensation expense: Thirteen Weeks Ended April 29, 2017 April 30, 2016 (in thousands) Restricted stock units $ 3,155 $ 3,305 Stock options 863 1,063 Total share-based compensation $ 4,018 $ 4,368 The stock compensation related income tax benefit recognized by the Company during the thirteen weeks ended April 29, 2017 and April 30, 2016 was $1.9 million and $5.5 million , respectively. Stock Options During the thirteen weeks ended April 29, 2017 , the Company granted stock options under the Company's Amended and Restated 2010 Incentive Compensation Plan (the "2010 Plan"). Stock options granted in 2017 under the 2010 Plan vest 25% per year over four years or upon reaching retirement eligibility, defined as providing ten years of service and being at least 55 years old. These options have a ten year contractual life. The expense for stock options is recognized using the straight-line attribution method. The Company's activity with respect to stock options during the thirteen weeks ended April 29, 2017 was as follows: Number of Shares Grant Date Weighted Average Exercise Price Per Share Weighted-Average Remaining Contractual Life (in years) Aggregate Intrinsic Value (in thousands, except per share amounts and years) Outstanding, January 28, 2017 2,329 $ 18.18 Granted 493 $ 9.42 Exercised — $ — Forfeited or expired (132 ) $ 18.63 Outstanding, April 29, 2017 2,690 $ 16.55 6.3 $ — Expected to vest at April 29, 2017 751 $ 13.26 9.2 $ — Exercisable at April 29, 2017 1,869 $ 18.07 5.0 $ — The following table provides additional information regarding the Company's stock options: Thirteen Weeks Ended April 29, 2017 April 30, 2016 (in thousands, except per share amounts) Weighted average grant date fair value of options granted (per share) $ 4.39 $ 9.50 Total intrinsic value of options exercised $ — $ 536 As of April 29, 2017 , there was approximately $3.6 million of total unrecognized compensation expense related to stock options, which is expected to be recognized over a weighted average period of approximately 2.0 years. The Company uses the Black-Scholes-Merton option-pricing model to value stock options granted to employees. The Company's determination of the fair value of stock options is affected by the Company's stock price as well as a number of subjective and complex assumptions. These assumptions include the risk-free interest rate, the Company's expected stock price volatility over the term of the award, expected term of the award, and dividend yield. The fair value of stock options was estimated at the grant date using the Black-Scholes-Merton option pricing model with the following weighted-average assumptions: Thirteen Weeks Ended April 29, 2017 April 30, 2016 Risk-free interest rate (1) 2.27 % 1.60 % Price volatility (2) 45.53 % 43.15 % Expected term (years) (3) 6.10 6.54 Dividend yield (4) — — (1) Represents the yield on U.S. Treasury securities with a term consistent with the expected term of the stock options. (2) Primarily based on the historical volatility of the Company's common stock over a period consistent with the expected term of the stock options. (3) Calculated using the midpoint scenario, which combines historical exercise data with hypothetical exercise data for outstanding options. The Company believes this data currently represents the best estimate of the expected term of granted employee stock options. (4) The Company does not currently plan on paying regular dividends. Restricted Stock Units During the thirteen weeks ended April 29, 2017 , the Company granted restricted stock units ("RSUs") under the 2010 Plan, including 0.8 million RSUs with performance conditions. The fair value of RSUs is determined based on the Company's closing stock price on the day prior to the grant date in accordance with the 2010 Plan. The expense for RSUs without performance conditions is recognized using the straight-line attribution method. The expense for RSUs with performance conditions is recognized using the graded vesting method based on the expected achievement of the performance conditions. The RSUs with performance conditions are also subject to time-based vesting. All of the RSUs granted during the thirteen weeks ended April 29, 2017 that are earned based on the achievement of performance criteria will vest on April 15, 2020. RSUs without performance conditions vest ratably over four years. The Company's activity with respect to RSUs, including awards with performance conditions, for the thirteen weeks ended April 29, 2017 was as follows: Number of Shares Grant Date Weighted Average Fair Value Per Share (in thousands, except per share amounts) Unvested, January 28, 2017 1,683 $ 17.64 Granted (1) 1,970 $ 9.42 Performance Shares Adjustment (2) (25 ) $ — Vested (500 ) $ 17.49 Forfeited (5 ) $ 13.13 Unvested, April 29, 2017 3,123 $ 12.50 (1) Approximately 0.8 million RSUs with three -year performance conditions were granted in the first quarter of 2017. One hundred percent of these RSUs are currently included as granted in the table above. The number of performance-based RSUs that are ultimately earned may vary from 0% to 200% of target depending on the achievement of predefined financial performance targets. (2) Relates to a change in estimate of RSUs with performance conditions granted in 2015. Currently, 80% of the number of shares granted in 2015 are expected to vest based on estimates against predefined financial performance targets. The total fair value of RSUs that vested during the thirteen weeks ended April 29, 2017 was $8.7 million . As of April 29, 2017 , there was approximately $30.5 million of total unrecognized compensation expense related to unvested RSUs, which is expected to be recognized over a weighted-average period of approximately 2.2 years.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Apr. 29, 2017
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies In a complaint filed on January 31, 2017 in the Superior Court for the State of California for the County of Orange, certain subsidiaries of the Company were named as defendants in a representative action alleging violations of California state wage and hour statutes and other labor standards. The lawsuit seeks unspecified monetary damages and attorneys' fees. Express is vigorously defending these claims. At this time, Express is not able to predict the outcome of this lawsuit or the amount of any loss that may arise from it. The Company is subject to various other claims and contingencies arising out of the normal course of business. Management believes that the ultimate liability arising from such claims and contingencies, if any, is not likely to have a material adverse effect on the Company's results of operations, financial condition, or cash flows.

Investment in Equity Interests

Investment in Equity Interests	3 Months Ended
	Apr. 29, 2017
Equity Method Investments and Joint Ventures [Abstract]
Investment in Equity Interests	Investment in Equity Interests In the second quarter of 2016, the Company made a $10.1 million investment in Homage, LLC, a privately held retail company based in Columbus, Ohio. The non-controlling investment in the entity is being accounted for under the equity method. The investment is included in other assets on the unaudited Consolidated Balance Sheets.

Restructuring Costs

Restructuring Costs	3 Months Ended
	Apr. 29, 2017
Restructuring and Related Activities [Abstract]
Restructuring Costs	Restructuring Costs In April of 2017, Express made the decision to close all 17 of its retail stores in Canada and discontinue all operations through its Canadian subsidiary, Express Fashion Apparel Canada Inc. (“Express Canada”). In connection with the plan to close all of its Canadian stores, on May 4, 2017, certain of Express, Inc.’s Canadian subsidiaries filed an application with the Ontario Superior Court of Justice (Commercial List) in Toronto (the “Court”) seeking protection for Express, Inc.’s Canadian subsidiaries under the Companies’ Creditors Arrangement Act in Canada (the "Filing") and the appointment of a monitor to oversee the liquidation and wind-down process. Express Canada began conducting store closing liquidation sales in the middle of May with store closures planned to take effect on or around June 15, 2017. Asset Impairment As a result of the decision to close the Canadian stores, Express determined that it was more likely than not that the fixed assets associated with the Canadian stores would be sold or otherwise disposed of prior to the end of their useful lives and therefore evaluated these assets for impairment in the first quarter of 2017. As a result of this evaluation, the Company recognized an impairment charge of $5.5 million on the fixed assets in the first quarter of 2017. Exit Costs In the first quarter of 2017, in addition to the impairment charges noted above, the Company also incurred professional fees in the amount of $0.8 million . As of May 4, 2017, the date of the Filing, the Company no longer has a controlling interest in the Canadian subsidiaries and therefore it has deconsolidated the Canadian operations from the Company's consolidated financial statements as of such date. The Company expects to record an additional pretax impairment loss as a result of the deconsolidation and other charges, totaling $22 to $28 million . The pre-tax loss on deconsolidation will include the derecognition of the carrying amounts of the Canadian subsidiaries' assets, liabilities and accumulated other comprehensive loss and the recording of the Company's remaining interests at fair value, which is expected to be zero . In regards to other charges, the Company also expects to incur expenses related to claims that may be asserted against it, primarily under guarantees of certain leases. See Note 6 for the income tax impact of the discontinuation of Canadian operations.

Retirement Benefits

Retirement Benefits	3 Months Ended
	Apr. 29, 2017
Postemployment Benefits [Abstract]
Retirement Benefits	Retirement Benefits Certain eligible employees participate in a non-qualified supplemental retirement plan (the “Non-Qualified Plan”) sponsored by the Company. In the first quarter of 2017, the Company elected to terminate the Non-Qualified Plan effective March 31, 2017. Outstanding participant balances are expected to be distributed via lump sum after a 12-month waiting period per IRS regulations regarding distributions from supplemental nonqualified plans. Interest will continue to accrue on outstanding balances until such distributions are made. As a result of this decision, the liability associated with this plan of $29.5 million was reclassified from other long-term liabilities to accrued expenses on the unaudited Consolidated Balance Sheet as of April 29, 2017. The Company continues to sponsor a qualified defined contribution retirement plan for eligible employees.

Description of Business and B19

Description of Business and Basis of Presentation (Policies)	3 Months Ended
	Apr. 29, 2017
Description of Business and Basis of Presentation [Abstract]
Fiscal Year, Policy	Fiscal Year The Company's fiscal year ends on the Saturday closest to January 31. Fiscal years are referred to by the calendar year in which the fiscal year commences. References herein to " 2017 " and " 2016 " represent the 53-week period ended February 3, 2018 and the 52-week period ended January 28, 2017 . All references herein to "the first quarter of 2017 " and "the first quarter of 2016 " represent the thirteen weeks ended April 29, 2017 and April 30, 2016 , respectively.
Basis of Presentation, Policy	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 information and therefore do not include all of the information or footnotes required by GAAP for complete financial statements. In the opinion of management, the accompanying unaudited Consolidated Financial Statements reflect all adjustments (which are of a normal recurring nature) necessary to state fairly the financial position, results of operations, and cash flows for the interim periods, but are not necessarily indicative of the results of operations to be anticipated for 2017 . Therefore, these statements should be read in conjunction with the Consolidated Financial Statements and Notes thereto for the year ended January 28, 2017 , included in the Company's Annual Report on Form 10-K, filed with the SEC on March 24, 2017 .
Principles of Consolidation, Policy	Principles of Consolidation The unaudited Consolidated Financial Statements include the accounts of Express, Inc. and its wholly-owned subsidiaries. All intercompany transactions and balances have been eliminated in consolidation.
Use of Estimates in the Preparation of Financial Statements, Policy	Use of Estimates in the Preparation of Financial Statements 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 at the date of the unaudited Consolidated Financial Statements and the reported amounts of revenue and expense during the reporting period, as well as the related disclosure of contingent assets and liabilities as of the date of the unaudited Consolidated Financial Statements. Actual results may differ from those estimates. The Company revises its estimates and assumptions as new information becomes available.
Recently Issued Accounting Pronouncements, Policy	Recently Issued Accounting Pronouncements In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2014-09, "Revenue from Contracts with Customers (Topic 606)." ASU 2014-09 supersedes the revenue recognition requirements in "Revenue Recognition (Topic 605)," and 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 to which the entity expects to be entitled to in exchange for those goods or services. In August 2015, the FASB issued ASU 2015-14, which defers the effective date of ASU 2014-09 to annual and interim reporting periods beginning after December 15, 2017 with early application permitted for annual and interim reporting periods beginning after December 15, 2016. The Company continues to evaluate the impact that adopting this standard will have on its consolidated financial statements, but currently expects that the adoption will primarily impact the accounting for points earned under the Company's loyalty program and the timing of revenue recognition for e-commerce sales. Neither of these changes is expected to have a material effect on the Company's financial position. In February 2016, the FASB issued ASU No. 2016-02, "Leases (Topic 842)." ASU 2016-02 requires entities to recognize lease assets and lease liabilities on the balance sheet and to disclose key information about leasing arrangements. Under ASU 2016-02, a lessee should recognize a liability to make lease payments and a right-of-use asset representing its right to use the underlying asset for the lease term on its balance sheet. The new standard is effective for annual and interim periods beginning after December 15, 2018. ASU 2016-02 mandates a modified retrospective transition method with early adoption permitted. The Company continues to evaluate the impact that adopting ASU 2016-02 will have on its consolidated financial statements, but the most significant impact will be to increase assets and liabilities on the consolidated balance sheet by the present value of the Company's leasing obligations, which are primarily related to store leases.
Segment Reporting, Policy	Segment Reporting The Company defines an operating segment on the same basis that it uses to evaluate performance internally. The Company has determined that, together, its President and Chief Executive Officer and its Chief Operating Officer are the Chief Operating Decision Maker, and that there is one operating segment. Therefore, the Company reports results as a single segment, which includes the operation of its Express brick-and-mortar retail and outlet stores, e-commerce operations, and franchise operations.
Fair Value Measurements, Policy	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 as of the measurement date. Level 1-Valuation is based upon quoted prices (unadjusted) for identical assets or liabilities in active markets. Level 2-Valuation is based upon quoted prices for similar assets and liabilities in active markets or other inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument. Level 3-Valuation is based upon other unobservable inputs that are significant to the fair value measurement.
Lease Financing Obligations, Policy	Lease Financing Obligations In certain lease arrangements, the Company is involved in the construction of the building. To the extent the Company is involved in the construction of structural improvements or takes construction risk prior to commencement of a lease, it is deemed the owner of the project for accounting purposes. Therefore, the Company records an asset in property and equipment on the unaudited Consolidated Balance Sheets, including any capitalized interest costs, and related liabilities in accrued interest and lease financing obligations in other long-term liabilities on the unaudited Consolidated Balance Sheets, for the replacement cost of the Company's portion of the pre-existing building plus the amount of construction costs incurred by the landlord as of the balance sheet date.
Share-Based Compensation, Policy	Share-Based Compensation The Company records the fair value of share-based payments to employees in the unaudited Consolidated Statements of Income and Comprehensive Income as compensation expense, net of forfeitures, over the requisite service period. Restricted Stock Units During the thirteen weeks ended April 29, 2017 , the Company granted restricted stock units ("RSUs") under the 2010 Plan, including 0.8 million RSUs with performance conditions. The fair value of RSUs is determined based on the Company's closing stock price on the day prior to the grant date in accordance with the 2010 Plan. The expense for RSUs without performance conditions is recognized using the straight-line attribution method. The expense for RSUs with performance conditions is recognized using the graded vesting method based on the expected achievement of the performance conditions. The RSUs with performance conditions are also subject to time-based vesting. All of the RSUs granted during the thirteen weeks ended April 29, 2017 that are earned based on the achievement of performance criteria will vest on April 15, 2020. RSUs without performance conditions vest ratably over four years. The Company uses the Black-Scholes-Merton option-pricing model to value stock options granted to employees. The Company's determination of the fair value of stock options is affected by the Company's stock price as well as a number of subjective and complex assumptions. These assumptions include the risk-free interest rate, the Company's expected stock price volatility over the term of the award, expected term of the award, and dividend yield.

Segment Reporting (Tables)

Segment Reporting (Tables)	3 Months Ended
	Apr. 29, 2017
Segment Reporting [Abstract]
Schedule of Revenue from External Customers by Channel	The following is information regarding the Company's major product categories and sales channels: Thirteen Weeks Ended April 29, 2017 April 30, 2016 (in thousands) Apparel $ 408,578 $ 441,243 Accessories and other 46,773 52,652 Other revenue 11,678 9,014 Total net sales $ 467,029 $ 502,909 Thirteen Weeks Ended April 29, 2017 April 30, 2016 (in thousands) Stores $ 357,779 $ 416,902 E-commerce 97,572 76,993 Other revenue 11,678 9,014 Total net sales $ 467,029 $ 502,909

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Apr. 29, 2017
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	The following table provides a reconciliation between basic and diluted weighted-average shares used to calculate basic and diluted earnings per share: Thirteen Weeks Ended April 29, 2017 April 30, 2016 (in thousands) Weighted-average shares - basic 78,446 79,063 Dilutive effect of stock options and restricted stock units — 851 Weighted-average shares - diluted 78,446 79,914

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Apr. 29, 2017
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	The following table presents the Company's financial assets measured at fair value on a recurring basis as of April 29, 2017 and January 28, 2017 , aggregated by the level in the fair value hierarchy within which those measurements fall. April 29, 2017 Level 1 Level 2 Level 3 (in thousands) Money market funds $ 155,232 $ — $ — January 28, 2017 Level 1 Level 2 Level 3 (in thousands) Money market funds $ 177,551 $ — $ —

Intangible Assets (Tables)

Intangible Assets (Tables)	3 Months Ended
	Apr. 29, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Intangible Assets	The following table provides the significant components of intangible assets: April 29, 2017 Cost Accumulated Amortization Ending Net Balance (in thousands) Tradename/domain names/trademarks $ 197,618 $ — $ 197,618 Licensing arrangements 425 233 192 $ 198,043 $ 233 $ 197,810 January 28, 2017 Cost Accumulated Amortization Ending Net Balance (in thousands) Tradename/domain names/trademarks $ 197,618 $ — $ 197,618 Licensing arrangements 425 221 204 $ 198,043 $ 221 $ 197,822

Share-Based Compensation (Table

Share-Based Compensation (Tables)	3 Months Ended
	Apr. 29, 2017
Share-based Compensation [Abstract]
Schedule of Shared-based Compensation Expense	The following summarizes share-based compensation expense: Thirteen Weeks Ended April 29, 2017 April 30, 2016 (in thousands) Restricted stock units $ 3,155 $ 3,305 Stock options 863 1,063 Total share-based compensation $ 4,018 $ 4,368
Schedule of Share-based Compensation, Activity	The Company's activity with respect to stock options during the thirteen weeks ended April 29, 2017 was as follows: Number of Shares Grant Date Weighted Average Exercise Price Per Share Weighted-Average Remaining Contractual Life (in years) Aggregate Intrinsic Value (in thousands, except per share amounts and years) Outstanding, January 28, 2017 2,329 $ 18.18 Granted 493 $ 9.42 Exercised — $ — Forfeited or expired (132 ) $ 18.63 Outstanding, April 29, 2017 2,690 $ 16.55 6.3 $ — Expected to vest at April 29, 2017 751 $ 13.26 9.2 $ — Exercisable at April 29, 2017 1,869 $ 18.07 5.0 $ —
Supplemental Options Data	The following table provides additional information regarding the Company's stock options: Thirteen Weeks Ended April 29, 2017 April 30, 2016 (in thousands, except per share amounts) Weighted average grant date fair value of options granted (per share) $ 4.39 $ 9.50 Total intrinsic value of options exercised $ — $ 536
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions	The fair value of stock options was estimated at the grant date using the Black-Scholes-Merton option pricing model with the following weighted-average assumptions: Thirteen Weeks Ended April 29, 2017 April 30, 2016 Risk-free interest rate (1) 2.27 % 1.60 % Price volatility (2) 45.53 % 43.15 % Expected term (years) (3) 6.10 6.54 Dividend yield (4) — — (1) Represents the yield on U.S. Treasury securities with a term consistent with the expected term of the stock options. (2) Primarily based on the historical volatility of the Company's common stock over a period consistent with the expected term of the stock options. (3) Calculated using the midpoint scenario, which combines historical exercise data with hypothetical exercise data for outstanding options. The Company believes this data currently represents the best estimate of the expected term of granted employee stock options. (4) The Company does not currently plan on paying regular dividends.
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity	The Company's activity with respect to RSUs, including awards with performance conditions, for the thirteen weeks ended April 29, 2017 was as follows: Number of Shares Grant Date Weighted Average Fair Value Per Share (in thousands, except per share amounts) Unvested, January 28, 2017 1,683 $ 17.64 Granted (1) 1,970 $ 9.42 Performance Shares Adjustment (2) (25 ) $ — Vested (500 ) $ 17.49 Forfeited (5 ) $ 13.13 Unvested, April 29, 2017 3,123 $ 12.50 (1) Approximately 0.8 million RSUs with three -year performance conditions were granted in the first quarter of 2017. One hundred percent of these RSUs are currently included as granted in the table above. The number of performance-based RSUs that are ultimately earned may vary from 0% to 200% of target depending on the achievement of predefined financial performance targets. (2) Relates to a change in estimate of RSUs with performance conditions granted in 2015. Currently, 80% of the number of shares granted in 2015 are expected to vest based on estimates against predefined financial performance targets.

Description of Business and B25

Description of Business and Basis of Presentation (Details)	3 Months Ended
	Apr. 29, 2017subsidiariesstores
Description of Business and Basis of Presentation [Line Items]
Number of stores under franchise agreements	18
Number of subsidiaries under the companies creditors arrangement act | subsidiaries	1
Retail [Member]
Description of Business and Basis of Presentation [Line Items]
Number of stores	543
Outlet [Member]
Description of Business and Basis of Presentation [Line Items]
Number of stores	109
Minimum [Member]
Description of Business and Basis of Presentation [Line Items]
Age of target customer	20 years
Maximum [Member]
Description of Business and Basis of Presentation [Line Items]
Age of target customer	30 years

Segment Reporting (Details)

Segment Reporting (Details) $ in Thousands	3 Months Ended
	Apr. 29, 2017USD ($)segment	Apr. 30, 2016USD ($)
Revenue from External Customers [Line Items]
Number of operating segments | segment	1
Net sales	$ 467,029	$ 502,909
Apparel [Member]
Revenue from External Customers [Line Items]
Net sales	408,578	441,243
Accessories and other [Member]
Revenue from External Customers [Line Items]
Net sales	46,773	52,652
Stores [Member]
Revenue from External Customers [Line Items]
Net sales	357,779	416,902
E-commerce [Member]
Revenue from External Customers [Line Items]
Net sales	97,572	76,993
Other Revenue [Member]
Revenue from External Customers [Line Items]
Net sales	$ 11,678	$ 9,014

Earnings Per Share (Details)

Earnings Per Share (Details) - shares shares in Thousands	3 Months Ended
	Apr. 29, 2017	Apr. 30, 2016
Earnings Per Share [Abstract]
Weighted-average shares - basic	78,446	79,063
Dilutive effect of stock options and restricted stock units	0	851
Weighted-average shares - diluted	78,446	79,914
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potentially dilutive securities excluded from computation of earnings per share	4,400	1,200
Performance-based Restricted Stock Units [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potentially dilutive securities excluded from computation of earnings per share	1,500

Fair Value Measurements (Detail

Fair Value Measurements (Details)	3 Months Ended
	Apr. 29, 2017USD ($)stores	Apr. 30, 2016USD ($)	Jan. 28, 2017USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Number of stores impaired during the period | stores	17
Impairment charge	$ 5,512,000	$ 0
Level 1 [Member] | Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Money market funds	155,232,000		$ 177,551,000
Level 2 [Member] | Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Money market funds	0		0
Level 3 [Member] | Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Money market funds	$ 0		$ 0

Intangible Assets (Details)

Intangible Assets (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 29, 2017	Jan. 28, 2017
Intangible Assets by Major Class [Line Items]
Tradename/domain names/trademarks, cost	$ 197,618	$ 197,618
Intangible assets, cost	198,043	198,043
Accumulated amortization	233	221
Intangible assets, net	197,810	197,822
Licensing arrangements [Member]
Intangible Assets by Major Class [Line Items]
Licensing arrangements, cost	425	425
Accumulated amortization	233	221
Licensing arrangements, net	$ 192	$ 204
Finite-lived intangible assets, useful life (in years)	10 years

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended
	Apr. 29, 2017	Apr. 30, 2016
Valuation Allowance [Line Items]
Effective income tax rate (as a percent)	57.00%	38.00%
Discrete tax benefit, related to exit from Canada	$ 5
Tax benefit, related to write-off of excess tax basis	7.3
Discrete tax expense, due to valuation allowance of asset impairment	2.3
Discrete tax expense, share-based compensation	2
Deferred tax asset, deferred compensation	11.4
Deferred Tax Asset Related to Deferred Compensation [Member]
Valuation Allowance [Line Items]
Valuation allowance	$ 1.2

Lease Financing Obligations (De

Lease Financing Obligations (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended
	Feb. 29, 2016	Apr. 29, 2017	Apr. 30, 2016	Jan. 28, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Landlord funded construction, replacement cost of pre-existing property, and capitalized interest		$ 62,900		$ 63,800
Lease financing obligations		67,800		$ 68,200
Put option	$ 11,400	8,800
Period to exercise lease option (in days)	60 days
Amortization of lease financing obligation discount		0	$ 11,354
Other Noncurrent Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Put option		$ 8,100

Debt - Revolving Credit Facilit

Debt - Revolving Credit Facility (Details) - Line of Credit [Member]	3 Months Ended
	Apr. 29, 2017USD ($)	May 20, 2015USD ($)
Debt Instrument [Line Items]
Maximum borrowing capacity		$ 250,000,000
Amount outstanding	$ 0
Remaining borrowing capacity	$ 246,800,000
Fixed charge ratio, numerator	1
Fixed charge ratio, denominator	1
Percent of borrowing base in fixed charge coverage ratio restriction (as a percent)	10.00%

Debt - Letters of Credit (Detai

Debt - Letters of Credit (Details) - USD ($) $ in Millions	Apr. 29, 2017	Jan. 28, 2017
Letter of Credit [Member] | Stand-by LCs [Member]
Debt Instrument [Line Items]
Letters of credit outstanding	$ 3.2	$ 3.2

Share-Based Compensation - Cost

Share-Based Compensation - Cost by Award Type (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 29, 2017	Apr. 30, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation	$ 4,018	$ 4,368
Tax benefit from share-based compensation expense	1,900	5,500
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation	3,155	3,305
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation	$ 863	$ 1,063

Share-Based Compensation - Stoc

Share-Based Compensation - Stock Options (Details)	3 Months Ended
	Apr. 29, 2017
Vesting Details [Line Items]
Contractual term (in years)	6 years 3 months 18 days
Stock Options [Member]
Vesting Details [Line Items]
Award vesting (as a percent)	25.00%
Award vesting period (in years)	4 years
Requisite service period for retirement eligibility (in years)	10 years
Minimum age of individual for retirement eligibility (in years)	55 years
Contractual term (in years)	10 years

Share-Based Compensation - Sche

Share-Based Compensation - Schedule of Stock Options Activity (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Apr. 29, 2017	Apr. 30, 2016
Number of Shares
Stock Options Outstanding at beginning of period	2,329
Stock Options Granted	493
Stock Options Exercised	0
Stock Options Forfeited or expired	(132)
Stock Options Outstanding at end of period	2,690
Stock Options Expected to Vest at end of period	751
Stock Options Exercisable at end of period	1,869
Grant Date Weighted Average Exercise Price Per Share
Grant Date Weighted Average Exercise Price of Options Outstanding at beginning of period (usd per share)	$ 18.18
Grant Date Weighted Average Exercise Price of Options Granted (usd per share)	9.42
Grant Date Weighted Average Exercise Price of Options Exercised (usd per share)	0
Grant Date Weighted Average Exercise Price of Options Forfeited or expired (usd per share)	18.63
Grant Date Weighted Average Exercise Price of Options Outstanding at end of period (usd per share)	16.55
Grant Date Weighted Average Exercise Price of Options Expected to Vest at end of period (usd per share)	13.26
Grant Date Weighted Average Exercise Price of Options Exercisable at end of period (usd per share)	$ 18.07
Weighted-Average Remaining Contractual Life (in years)
Weighted Average Remaining Contractual Life of Options Outstanding (in years)	6 years 3 months 18 days
Weighted Average Remaining Contractual Life of Options Expected to Vest at end of period (in years)	9 years 2 months 12 days
Weighted Average Remaining Contractual Life of Options Exercisable at end of period (in years)	5 years
Aggregate Intrinsic Value
Aggregate Intrinsic Value of Options Outstanding at end of period	$ 0
Aggregate Intrinsic Value of Options Expected to Vest at end of period	0
Aggregate Intrinsic Value of Options Exercisable at end of period	$ 0
Company's Stock Options
Weighted average grant date fair value of options granted (usd per share)	$ 4.39	$ 9.50
Total intrinsic value of options exercised	$ 0	$ 536

Share-Based Compensation - Unre

Share-Based Compensation - Unrecognized Compensation Expense and Period for Recognition (Details) $ in Millions	3 Months Ended
	Apr. 29, 2017USD ($)
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized share-based compensation expense	$ 3.6
Period for recognition (in years)	2 years
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized share-based compensation expense	$ 30.5
Period for recognition (in years)	2 years 2 months

Share-Based Compensation - Valu

Share-Based Compensation - Valuation Assumptions (Details) - Stock Option [Member]		3 Months Ended
		Apr. 29, 2017	Apr. 30, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate (as a percent)	[1]	2.27%	1.60%
Price volatility (as a percent)	[2]	45.53%	43.15%
Expected term (in years)	[3]	6 years 1 month 6 days	6 years 6 months 15 days
Dividend yield	[4]	0.00%	0.00%
[1]	Represents the yield on U.S. Treasury securities with a term consistent with the expected term of the stock options.
[2]	Primarily based on the historical volatility of the Company's common stock over a period consistent with the expected term of the stock options.
[3]	Calculated using the midpoint scenario, which combines historical exercise data with hypothetical exercise data for outstanding options. The Company believes this data currently represents the best estimate of the expected term of granted employee stock options.
[4]	The Company does not currently plan on paying regular dividends.

Share-Based Compensation - Sc39

Share-Based Compensation - Schedule of Restricted Stock and Restricted Stock Units (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions		3 Months Ended	12 Months Ended
		Apr. 29, 2017	Jan. 30, 2016
Grant Date Weighted Average Fair Value Per Share
Grants in period, included in company's quarter activity (as a percent)		100.00%
Change in percent of grants from prior period (as a percent)			80.00%
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period (in years)		4 years
Number of Shares
Awards Unvested at beginning of period		1,683
Awards Granted	[1]	1,970
Performance Shares Adjustment	[2]	(25)
Awards Vested		(500)
Awards Forfeited		(5)
Awards Unvested at end of period		3,123
Grant Date Weighted Average Fair Value Per Share
Awards, grant date weighted average fair value at beginning of period (usd per share)		$ 17.64
Awards, grant date weighted average fair value, shares granted (usd per share)	[1]	9.42
Awards, grant date weighted average fair value, change in performance shares adjustment (usd per share)	[2]	0
Awards, grant date weighted average fair value, shares vested (usd per share)		17.49
Awards, grant date weighted average fair value, shares forfeited (usd per share)		13.13
Awards, grant date weighted average fair value at end of period (usd per share)		$ 12.50
Fair value of options vested		$ 8.7
Performance-based Restricted Stock Units [Member]
Number of Shares
Awards Granted		800
Grant Date Weighted Average Fair Value Per Share
Performance condition period (in years)		3 years
Performance-based Restricted Stock Units [Member] | Minimum [Member]
Grant Date Weighted Average Fair Value Per Share
Target percentage of equity awards earned (as a percent)		0.00%
Performance-based Restricted Stock Units [Member] | Maximum [Member]
Grant Date Weighted Average Fair Value Per Share
Target percentage of equity awards earned (as a percent)		200.00%
2010 Plan [Member] | Performance-based Restricted Stock Units [Member]
Number of Shares
Awards Granted		800
[1]	Approximately 0.8 million RSUs with three-year performance conditions were granted in the first quarter of 2017. One hundred percent of these RSUs are currently included as granted in the table above. The number of performance-based RSUs that are ultimately earned may vary from 0% to 200% of target depending on the achievement of predefined financial performance targets.
[2]	Relates to a change in estimate of RSUs with performance conditions granted in 2015. Currently, 80% of the number of shares granted in 2015 are expected to vest based on estimates against predefined financial performance targets.

Investment in Equity Interests

Investment in Equity Interests - Equity Method Investments (Details) $ in Millions	Jul. 30, 2016USD ($)
Equity Method Investments and Joint Ventures [Abstract]
Equity method investment	$ 10.1

Restructuring Costs (Details)

Restructuring Costs (Details)	May 04, 2017USD ($)	Apr. 29, 2017stores	Apr. 29, 2017USD ($)	Apr. 30, 2016USD ($)
Restructuring Cost and Reserve [Line Items]
Number of stores closed | stores		17
Impairment charge			$ 5,512,000	$ 0
Professional fees			$ 800,000
Subsequent Event [Member] | Minimum [Member]
Restructuring Cost and Reserve [Line Items]
Deconsolidation loss	$ 22,000,000
Subsequent Event [Member] | Maximum [Member]
Restructuring Cost and Reserve [Line Items]
Deconsolidation loss	28,000,000
Express Fashion Apparel Canada Inc. [Member] | Subsequent Event [Member]
Restructuring Cost and Reserve [Line Items]
Remaining interests at fair value	$ 0

Retirement Benefits (Details)

Retirement Benefits (Details) - Restatement Adjustment [Member] $ in Millions	Apr. 29, 2017USD ($)
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Other long-term liabilities, reclassified	$ (29.5)
Accrued expenses	$ 29.5