Express (EXPRQ) 10-Q 11 Jun 19 2019 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	May 04, 2019	Jun. 01, 2019
Document And Entity Information [Abstract]
Entity Registrant Name	EXPRESS, INC.
Entity Central Index Key	0001483510
Current Fiscal Year End Date	--02-01
Entity Filer Category	Accelerated Filer
Document Type	10-Q
Document Period End Date	May 4, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q1
Amendment Flag	false
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Shell Company	false
Entity Current Reporting Status	Yes
Entity Common Stock, Outstanding (in shares)		67,262,933

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	May 04, 2019	Feb. 02, 2019
CURRENT ASSETS:
Cash and cash equivalents	$ 144,233	$ 171,670
Receivables, net	13,916	17,369
Inventories	285,641	267,766
Prepaid rent	6,212	30,047
Other	29,219	25,176
Total current assets	479,221	512,028
RIGHT OF USE ASSETS	1,202,527
Less: accumulated depreciation	(53,167)
Right of use assets, net	1,149,360
PROPERTY AND EQUIPMENT	1,010,648	1,083,347
Less: accumulated depreciation	(723,400)	(719,068)
Property and equipment, net	287,248	364,279
TRADENAME/DOMAIN NAMES/TRADEMARKS	197,618	197,618
DEFERRED TAX ASSETS	6,605	5,442
OTHER ASSETS	6,635	7,260
Total assets	2,126,687	1,086,627
CURRENT LIABILITIES:
Short-term lease liability	228,212
Accounts payable	133,598	155,913
Deferred revenue	36,304	40,466
Accrued expenses	95,752	78,313
Total current liabilities	493,866	274,692
LONG-TERM LEASE LIABILITY	1,042,146
DEFERRED LEASE CREDITS	3,473	129,505
OTHER LONG-TERM LIABILITIES	21,455	97,252
Total liabilities	1,560,940	501,449
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; 93,632 shares and 93,632 shares issued at May 4, 2019 and February 2, 2019, respectively, and 67,175 shares and 67,424 shares outstanding at May 4, 2019 and February 2, 2019, respectively	936	936
Additional paid-in capital	210,037	211,981
Retained earnings	689,713	713,864
Treasury stock – at average cost; 26,457 shares and 26,208 shares at May 4, 2019 and February 2, 2019, respectively	(334,939)	(341,603)
Total stockholders’ equity	565,747	585,178
Total liabilities and stockholders’ equity	$ 2,126,687	$ 1,086,627

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - $ / shares	May 04, 2019	Feb. 02, 2019
Statement of Financial Position [Abstract]
Preferred stock, par value (in dollar per share)	$ 0.01	$ 0.01
Preferred stock, authorized (in shares)	10,000,000	10,000,000
Preferred stock, issued (in shares)	0	0
Preferred stock, outstanding (in shares)	0	0
Common stock, par value (in dollar per share)	$ 0.01	$ 0.01
Common stock, authorized (in shares)	500,000,000	500,000,000
Common stock, issued (in shares)	93,632,000	93,632,000
Common stock, outstanding (in shares)	67,175,000	67,424,000
Treasury stock (in shares)	26,457,000	26,208,000

Consolidated Statements of Inco

Consolidated Statements of Income and Comprehensive Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	May 04, 2019	May 05, 2018
Income Statement [Abstract]
NET SALES	$ 451,271	$ 479,352
COST OF GOODS SOLD, BUYING AND OCCUPANCY COSTS	328,768	336,190
Gross profit	122,503	143,162
OPERATING EXPENSES:
Selling, general, and administrative expenses	135,367	140,634
Other operating income, net	(1,310)	(247)
Total operating expenses	134,057	140,387
OPERATING (LOSS)/INCOME	(11,554)	2,775
INTEREST (INCOME)/EXPENSE, NET	(712)	174
(LOSS)/INCOME BEFORE INCOME TAXES	(10,842)	2,601
INCOME TAX (BENEFIT)/EXPENSE	(908)	2,084
NET (LOSS)/INCOME	(9,934)	517
COMPREHENSIVE (LOSS)/INCOME	$ (9,934)	$ 517
EARNINGS PER SHARE:
Basic (in dollar per share)	$ (0.15)	$ 0.01
Diluted (in dollar per share)	$ (0.15)	$ 0.01
WEIGHTED AVERAGE SHARES OUTSTANDING:
Basic (in shares)	66,845	75,407
Diluted (in shares)	66,845	76,123

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Treasury Stock [Member]
Balance, at start of period (in shares) at Feb. 03, 2018		76,724
Balance, at start of period at Feb. 03, 2018	$ 648,314	$ 926	$ 199,099	$ 704,395	$ 0	$ (256,106)
Balance, at start of period, treasury stock (in shares) at Feb. 03, 2018						15,923
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss)/income	517			517
Exercise of stock options and restricted stock (in shares)		854
Exercise of stock options and restricted stock	0	$ 9	(9)
Share-based compensation	3,814		3,814
Repurchase of common stock (in shares)		2,519				2,519
Repurchase of common stock	(18,245)					$ (18,245)
Balance, at end of period (in shares) at May. 05, 2018		75,059
Balance, at end of period at May. 05, 2018	634,400	$ 935	202,904	704,912	0	$ (274,351)
Balance, at end of period, treasury stock (in shares) at May. 05, 2018						18,442
Balance, at start of period (in shares) at Feb. 03, 2018		76,724
Balance, at start of period at Feb. 03, 2018	$ 648,314	$ 926	199,099	704,395	0	$ (256,106)
Balance, at start of period, treasury stock (in shares) at Feb. 03, 2018						15,923
Balance, at end of period (in shares) at Feb. 02, 2019	93,632	67,424
Balance, at end of period at Feb. 02, 2019	$ 585,178	$ 936	211,981	713,864	0	$ (341,603)
Balance, at end of period, treasury stock (in shares) at Feb. 02, 2019	26,208					26,208
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss)/income	$ (9,934)			(9,934)
Exercise of stock options and restricted stock (in shares)		1,024				1,024
Exercise of stock options and restricted stock	0		(4,316)	(8,735)		$ 13,051
Share-based compensation	2,372		2,372
Repurchase of common stock (in shares)		1,273				1,273
Repurchase of common stock	$ (6,387)					$ (6,387)
Balance, at end of period (in shares) at May. 04, 2019	93,632	67,175
Balance, at end of period at May. 04, 2019	$ 565,747	$ 936	$ 210,037	$ 689,713	$ 0	$ (334,939)
Balance, at end of period, treasury stock (in shares) at May. 04, 2019	26,457					26,457

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	May 04, 2019	May 05, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:
Net (loss)/income	$ (9,934)	$ 517
Adjustments to reconcile net (loss)/income to net cash used in operating activities:
Depreciation and amortization	22,216	21,162
Loss on disposal of property and equipment	350	231
Share-based compensation	2,372	3,814
Deferred taxes	(14)	(12)
Landlord allowance amortization	(813)	(2,973)
Changes in operating assets and liabilities:
Receivables, net	3,453	837
Inventories	(17,875)	(16,785)
Accounts payable, deferred revenue, and accrued expenses	(10,819)	(29,530)
Other assets and liabilities	(5,881)	(2,040)
Net cash used in operating activities	(16,945)	(24,779)
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures	(4,078)	(7,920)
Net cash used in investing activities	(4,078)	(7,920)
CASH FLOWS FROM FINANCING ACTIVITIES:
Payments on lease financing obligations	(27)	(454)
Repayments of financing arrangements	0	(303)
Repurchase of common stock under share repurchase program	(4,889)	(15,638)
Repurchase of common stock for tax withholding obligations	(1,498)	(2,607)
Net cash used in financing activities	(6,414)	(19,002)
NET DECREASE IN CASH AND CASH EQUIVALENTS	(27,437)	(51,701)
CASH AND CASH EQUIVALENTS, Beginning of period	171,670	236,222
CASH AND CASH EQUIVALENTS, Beginning of period	$ 144,233	$ 184,521

Description of Business and Bas

Description of Business and Basis of Presentation	3 Months Ended
	May 04, 2019
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 leading fashion destination and apparel brand for both women and men. Since 1980, Express has provided the latest apparel and accessories for work, casual, jeanswear, and going-out, offering a distinct combination of fashion and quality at an attractive value. The Company operates more than 600 retail and factory outlet stores in the United States and Puerto Rico, as well as a best-in-class shopping experience through its website and mobile app. As of May 4, 2019 , Express operated 430 primarily mall-based retail stores in the United States and Puerto Rico as well as 199 factory outlet stores. Additionally, as of May 4, 2019 , the Company earned revenue from 14 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. CEO Transition The Board of Directors (the “Board”) of Express, Inc. (the “Company”) appointed Matthew Moellering as Interim President and Interim Chief Executive Officer of the Company to succeed David Kornberg, effective January 22, 2019. On May 21, 2019, the Board appointed Timothy Baxter to serve as Chief Executive Officer of the Company, effective as of June 17, 2019. Following Mr. Baxter’s appointment, Mr. Moellering will continue to serve as Executive Vice President and Chief Operating Officer. 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 “ 2019 ” and “ 2018 ” represent the 52-week period ended February 1, 2020 and the 52-week period ended February 2, 2019 , respectively. All references herein to “the first quarter of 2019 “ and “the first quarter of 2018 “ represent the thirteen weeks ended May 4, 2019 and May 5, 2018 , 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 2019 . Therefore, these statements should be read in conjunction with the Consolidated Financial Statements and Notes thereto for the year ended February 2, 2019 , included in the Company’s Annual Report on Form 10-K, filed with the SEC on March 19, 2019 . 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. Segment Reporting The Company defines an operating segment on the same basis that it uses to evaluate performance internally. The Company has determined that its interim Chief Executive Officer and interim President is 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. 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 - Adopted Leases In February 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2016-02, “Leases (Topic 842)” (“ASC 842”). This ASU is a comprehensive new standard that amends various aspects of existing guidance for leases and requires additional disclosures about leasing arrangements. It requires lessees to recognize lease assets and lease liabilities for most leases, including those leases previously classified as operating leases under GAAP. ASC 842 requires a modified retrospective transition for leases existing at or entered into after the beginning of the earliest comparative period presented in the financial statements. In July 2018, the FASB issued ASU 2018-11, “Leases (Topic 842): Targeted Improvements,” that allows entities to recognize a cumulative-effect adjustment to the opening balance of retained earnings in the period of adoption without adjustment to the financial statements for periods prior to adoption. The Company adopted ASC 842 on February 3, 2019 on a modified retrospective basis and applied the new standard to all leases through a cumulative-effect adjustment to beginning accumulated retained earnings. As a result, comparative financial information has not been restated and continues to be reported under the accounting standards in effect for the respective periods. The Company elected the package of practical expedients permitted under the transition guidance within the new standard, which permits companies not to reassess prior conclusions on lease identification, lease classification and initial direct costs. The Company did not elect the hindsight practical expedient. On February 3, 2019, the Company recognized leases, primarily related to its stores and corporate headquarters, on its unaudited Consolidated Balance Sheet, as right-of-use assets of $1.2 billion with corresponding lease liabilities of $1.3 billion and eliminated certain existing lease-related assets and liabilities as a net adjustment to the right-of-use assets. The Company’s right-of-use assets represent a right to use underlying assets for the lease term and lease liabilities represent the Company’s obligation to make lease payments arising from the lease. Lease assets and liabilities are recognized at the lease commencement date (date on which the Company gains access to the property) based on the estimated present value of lease payments over the lease term, net of landlord allowances to be received. The Company accounts for the lease and non-lease components as a single lease component for all current classes of leases. In connection with this adoption, the Company recorded a transition adjustment, which was a net reduction of retained earnings of $5.5 million . This adjustment primarily reflects the difference between the right-of-use assets and lease liabilities recorded upon adoption, the elimination of the lease financing obligations and related assets described in Note 7, including the related put option, and the recognition of the impairment, upon adoption, of certain right-of-use assets totaling $1.2 million . The adoption of the new standard had no material impact on the unaudited Consolidated Statements of Income and Comprehensive Income, the unaudited Consolidated Statements of Cash Flows, and did not impact the Company's compliance with debt covenants.

Revenue Recognition

Revenue Recognition	3 Months Ended
	May 04, 2019
Revenue from Contract with Customer [Abstract]
Revenue Recognition	Revenue Recognition The following is information regarding the Company’s major product categories and sales channels: Thirteen Weeks Ended May 4, 2019 May 5, 2018 (in thousands) Apparel $ 388,855 $ 416,482 Accessories and other 45,895 48,302 Other revenue 16,521 14,568 Total net sales $ 451,271 $ 479,352 Thirteen Weeks Ended May 4, 2019 May 5, 2018 (in thousands) Retail $ 328,339 $ 374,487 Outlet 106,411 90,297 Other revenue 16,521 14,568 Total net sales $ 451,271 $ 479,352 In light of the progress made in transforming into an omni-channel business model and the growth of the outlet channel, beginning in the first quarter of 2019, the Company is providing sales channel information for retail, which includes retail store and e-commerce sales, outlets, and other revenue. Historically, the Company provided sales data for stores, which included both retail and outlet stores, and e-commerce. Other revenue is unchanged from the Company’s prior classification. 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, revenue earned from our private label credit card agreement, revenue from gift card breakage, and revenue from franchise agreements. Revenue related to the Company’s international franchise operations for the thirteen weeks ended May 4, 2019 and May 5, 2018 were not material for any period presented and, therefore, are not reported separately from domestic revenue. Revenue Recognition Policies Merchandise Sales The Company recognizes sales for in-store purchases at the point-of-sale. Revenue related to e-commerce transactions is recognized upon shipment based on the fact that control transfers to the customer at that time. The Company has made a policy election to treat shipping and handling as costs to fulfill the contract and as a result any amounts received from customers are included in the transaction price allocated to the performance obligation of providing goods with a corresponding amount accrued within cost of goods sold, buying and occupancy costs in the unaudited Consolidated Statements of Income and Comprehensive Income for amounts paid to applicable carriers. Associate discounts on merchandise purchases are classified as a reduction of net sales. Net sales excludes sales tax collected from customers and remitted to governmental authorities. Loyalty Program The Company maintains a customer loyalty program in which customers earn points toward rewards for qualifying purchases and other marketing activities. Upon reaching specified point values, customers are issued a reward, which they may redeem on merchandise purchases at the Company’s stores or on its website. Generally, rewards earned must be redeemed within 60 days from the date of issuance. The Company defers a portion of merchandise sales based on the estimated standalone selling price of the points earned. This deferred revenue is recognized as certificates are redeemed or expire. To calculate this deferral, the Company makes assumptions related to card holder redemption rates based on historical experience. The loyalty liability is included in deferred revenue on the unaudited Consolidated Balance Sheets. Thirteen Weeks Ended May 4, 2019 May 5, 2018 (in thousands) Beginning balance loyalty deferred revenue $ 15,319 $ 14,186 Reduction in revenue/(revenue recognized) (603 ) 887 Ending balance loyalty deferred revenue $ 14,716 $ 15,073 Sales Returns Reserve The Company reduces net sales and provides a reserve for projected merchandise returns based on prior experience. Merchandise returns are often resalable merchandise and are refunded by issuing the same payment tender as the original purchase. The sales returns reserve was $14.6 million and $9.9 million as of May 4, 2019 and February 2, 2019 , respectively, and is included in accrued expenses on the unaudited Consolidated Balance Sheets. The asset related to projected returned merchandise is included in other assets on the unaudited Consolidated Balance Sheets. Gift Cards The Company sells gift cards in its stores, on its e-commerce website, and through third parties. These gift cards do not expire or lose value over periods of inactivity. The Company accounts for gift cards by recognizing a liability at the time a gift card is sold. The gift card liability balance was $21.6 million and $25.1 million , as of May 4, 2019 and February 2, 2019 , respectively, and is included in deferred revenue on the Consolidated Balance Sheets. The Company recognizes revenue from gift cards when they are redeemed by the customer. The Company also recognizes income on unredeemed gift cards, referred to as “gift card breakage.” Gift card breakage is recognized proportionately using a time-based attribution method from issuance of the gift card to the time when it can be determined that the likelihood of the gift card being redeemed is remote and that there is no legal obligation to remit unredeemed gift cards to relevant jurisdictions. The gift card breakage rate is based on historical redemption patterns. Gift card breakage is included in net sales in the unaudited Consolidated Statements of Income and Comprehensive Income. Thirteen Weeks Ended May 4, 2019 May 5, 2018 (in thousands) Beginning gift card liability $ 25,133 $ 26,737 Issuances 7,713 8,384 Redemptions (10,119 ) (11,593 ) Gift card breakage (1,151 ) (1,191 ) Ending gift card liability $ 21,576 $ 22,337 Private Label Credit Card The Company has an agreement with Comenity Bank (the “Bank”) to provide customers with private label credit cards (the “Card Agreement”) which was amended on August 28, 2017 to extend the term of the arrangement through December 31, 2024. Each private label credit card bears the logo of the Express brand and can only be used at the Company’s store locations and e-commerce channel. The Bank is the sole owner of the accounts issued under the private label credit card program and absorbs the losses associated with non-payment by the private label card holders and a portion of any fraudulent usage of the accounts. Pursuant to the Card Agreement, the Company receives amounts from the Bank during the term based on a percentage of private label credit card sales and is also eligible to receive incentive payments for the achievement of certain performance targets. These funds are recorded as net sales in the unaudited Consolidated Statements of Income and Comprehensive Income. The Company also receives reimbursement funds from the Bank for expenses the Company incurs. These reimbursement funds are used by the Company to fund marketing and other programs associated with the private label credit card. The reimbursement funds received related to private label credit cards are recorded as net sales in the unaudited Consolidated Statements of Income and Comprehensive Income. In connection with the Card Agreement, the Bank agreed to pay the Company a $20.0 million refundable payment which the Company recognized upon receipt as deferred revenue within other long-term liabilities in the Consolidated Balance Sheets and began to recognize into income on a straight-line basis commencing January of 2018. The remaining deferred revenue balance of $16.3 million will be recognized over the term of the amended Card Agreement within the other revenue component of net sales. Thirteen Weeks Ended May 4, 2019 May 5, 2018 (in thousands) Beginning balance refundable payment liability $ 17,028 $ 19,906 Recognized in revenue (719 ) (719 ) Ending balance refundable payment liability $ 16,309 $ 19,187

Earnings Per Share

Earnings Per Share	3 Months Ended
	May 04, 2019
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 May 4, 2019 May 5, 2018 (in thousands) Weighted-average shares - basic 66,845 75,407 Dilutive effect of stock options and restricted stock units — 716 Weighted-average shares - diluted 66,845 76,123 Equity awards representing 5.9 million shares were excluded from the computation of diluted earnings per share for the thirteen weeks ended May 4, 2019 as the inclusion of these awards would have been anti-dilutive. Equity awards representing 4.0 million shares of common stock were excluded from the computation of diluted earnings per share for the thirteen weeks ended May 5, 2018 as the inclusion of these awards would have been anti-dilutive. Additionally, for the thirteen weeks ended May 4, 2019 , approximately 0.3 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 May 4, 2019 .

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	May 04, 2019
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, recorded in cash and cash equivalents on the unaudited Consolidated Balance Sheets, measured at fair value on a recurring basis as of May 4, 2019 and February 2, 2019 , aggregated by the level in the fair value hierarchy within which those measurements fall. May 4, 2019 Level 1 Level 2 Level 3 (in thousands) Money market funds $ 121,104 $ — $ — February 2, 2019 Level 1 Level 2 Level 3 (in thousands) Money market funds $ 155,014 $ — $ — The money market funds are valued using quoted market prices in active markets. The carrying amounts reflected on the unaudited Consolidated Balance Sheets for the remaining cash and cash equivalents, receivables, prepaid expenses, and payables as of May 4, 2019 and February 2, 2019 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 May 4, 2019 and the thirteen weeks ended May 5, 2018 , the Company did no t recognize any impairment charges.

Intangible Assets

Intangible Assets	3 Months Ended
	May 04, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets	Intangible Assets The following table provides the significant components of intangible assets: May 4, 2019 Cost Accumulated Amortization Ending Net Balance (in thousands) Tradename/domain names/trademarks $ 197,618 $ — $ 197,618 Licensing arrangements 425 331 94 $ 198,043 $ 331 $ 197,712 February 2, 2019 Cost Accumulated Amortization Ending Net Balance (in thousands) Tradename/domain names/trademarks $ 197,618 $ — $ 197,618 Licensing arrangements 425 319 106 $ 198,043 $ 319 $ 197,724 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
	May 04, 2019
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 8.4% and 80.1% for the thirteen weeks ended May 4, 2019 and May 5, 2018 , respectively. The effective tax rate for the thirteen weeks ended May 4, 2019 reflects a tax benefit from a pre-tax loss offset by $1.4 million of discrete tax expense related to a tax shortfall for share-based compensation. The effective tax rate for the thirteen weeks ended May 5, 2018 reflects $1.3 million of discrete tax expense related to a tax shortfall for share-based compensation.

Leases

Leases	3 Months Ended
	May 04, 2019
Leases [Abstract]
Leases	Leases The Company leases all of its store locations and its corporate headquarters, which also includes its distribution center, under operating leases. The store leases typically have initial terms of 5 years to 10 years . The current lease term for the corporate headquarters expires in 2026, with one optional five -year extension period. The Company also leases certain equipment and other assets under operating leases, typically with initial terms of 3 to 5 years . The lease term includes the initial contractual term as well as any options to extend the lease when it is reasonably certain that the Company will exercise that option. Leases with an initial term of 12 months or less (short-term leases) are not recorded on the balance sheet. The Company does not currently have any material short-term leases. The Company is generally obligated for the cost of property taxes, insurance and other landlord costs, including common area maintenance charges, relating to its leases. If these charges are fixed they are combined with lease payments in determining the lease liability; however, if such charges are not fixed, they are considered variable lease costs and are expensed as incurred. The variable payments are not included in the measurement of the lease liability or asset and are expensed as incurred. The Company’s finance leases are immaterial. Certain lease agreements include rental payments based on a percentage of retail sales over contractual levels and others include rental payments adjusted periodically for inflation. The Company’s lease agreements do not contain any material residual value guarantees or material restrictive covenants. The following table is a summary of the Company’s components of net lease cost, which is included in Cost of Goods Sold, Buying and Occupancy Costs, on the Consolidated Statements of Income and Comprehensive Income: Thirteen Weeks Ended May 4, 2019 (in thousands) Operating lease costs $ 68,842 Variable and short-term lease costs 17,633 Total lease costs $ 86,475 Supplemental cash flow information related to leases is as follows: Thirteen Weeks Ended May 4, 2019 (in thousands) Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows for operating leases $ 70,832 Right-of-use assets obtained in exchange for operating lease liabilities $ 3,717 Supplemental balance sheet information related to leases as of May 4, 2019 is as follows: Thirteen Weeks Ended May 4, 2019 Operating leases: Weighted average remaining lease term (in years) 6.2 Weighted average discount rate 4.8% The Company’s lease agreements do not provide an implicit rate, so the Company uses an estimated incremental borrowing rate, which is derived from third-party information available at the lease commencement date, in determining the present value of lease payments. The rate used is for a secured borrowing of a similar term as the lease. The following table reconciles the undiscounted cash flows for each of the first five years and total of the remaining years to the operating lease liabilities recorded on the unconsolidated Consolidated Balance Sheets as of May 4, 2019: May 4, 2019 (in thousands) 2019 (remaining) $ 184,005 2020 268,382 2021 235,311 2022 217,875 2023 193,933 Thereafter 394,009 Total minimum lease payments 1,493,515 Less: amount of lease payments representing interest 223,157 Present value of future minimum lease payments 1,270,358 Less: current obligations under leases 228,212 Long-term lease obligations $ 1,042,146 As previously disclosed in the Company's Consolidated Financial Statements for the year ending February 2, 2019, future minimum lease payments for noncancelable operating leases, under the previous lease accounting standard, were as follows at February 2, 2019 (in thousands): 2019 $ 221,816 2020 189,285 2021 163,748 2022 151,718 2023 135,345 Thereafter 290,790 Total $ 1,152,702 Lease Financing Obligations Prior to the adoption of ASC 842, in certain lease arrangements, the Company was involved in the construction of the building. To the extent the Company was involved in the construction of structural improvements or took construction risk prior to commencement of a lease, it was deemed the owner of the project for accounting purposes. Therefore, the Company recorded 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 was considered the owner are expected to expire in 2023 and 2029. 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 $56.6 million as of February 2, 2019 . There was also $65.1 million of lease financing obligations as of February 2, 2019 in other long-term liabilities on the unaudited Consolidated Balance Sheets. These amounts were eliminated as part of the adoption of ASC 842. Rent expense relating to the land was recognized on a straight-line basis. The Company did not report rent expense for the portion of the rent payment determined to be related to the buildings which were owned for accounting purposes. Rather, this portion of the rent payment under the lease was 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 that was being amortized through interest expense over the remaining lease term. As of February 2, 2019 , the remaining balance related to the put option was $7.5 million of which $6.7 million was included within other long-term liabilities on the Consolidated Balance Sheets. These amounts were eliminated as part of the adoption of ASC 842.
Leases	Leases The Company leases all of its store locations and its corporate headquarters, which also includes its distribution center, under operating leases. The store leases typically have initial terms of 5 years to 10 years . The current lease term for the corporate headquarters expires in 2026, with one optional five -year extension period. The Company also leases certain equipment and other assets under operating leases, typically with initial terms of 3 to 5 years . The lease term includes the initial contractual term as well as any options to extend the lease when it is reasonably certain that the Company will exercise that option. Leases with an initial term of 12 months or less (short-term leases) are not recorded on the balance sheet. The Company does not currently have any material short-term leases. The Company is generally obligated for the cost of property taxes, insurance and other landlord costs, including common area maintenance charges, relating to its leases. If these charges are fixed they are combined with lease payments in determining the lease liability; however, if such charges are not fixed, they are considered variable lease costs and are expensed as incurred. The variable payments are not included in the measurement of the lease liability or asset and are expensed as incurred. The Company’s finance leases are immaterial. Certain lease agreements include rental payments based on a percentage of retail sales over contractual levels and others include rental payments adjusted periodically for inflation. The Company’s lease agreements do not contain any material residual value guarantees or material restrictive covenants. The following table is a summary of the Company’s components of net lease cost, which is included in Cost of Goods Sold, Buying and Occupancy Costs, on the Consolidated Statements of Income and Comprehensive Income: Thirteen Weeks Ended May 4, 2019 (in thousands) Operating lease costs $ 68,842 Variable and short-term lease costs 17,633 Total lease costs $ 86,475 Supplemental cash flow information related to leases is as follows: Thirteen Weeks Ended May 4, 2019 (in thousands) Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows for operating leases $ 70,832 Right-of-use assets obtained in exchange for operating lease liabilities $ 3,717 Supplemental balance sheet information related to leases as of May 4, 2019 is as follows: Thirteen Weeks Ended May 4, 2019 Operating leases: Weighted average remaining lease term (in years) 6.2 Weighted average discount rate 4.8% The Company’s lease agreements do not provide an implicit rate, so the Company uses an estimated incremental borrowing rate, which is derived from third-party information available at the lease commencement date, in determining the present value of lease payments. The rate used is for a secured borrowing of a similar term as the lease. The following table reconciles the undiscounted cash flows for each of the first five years and total of the remaining years to the operating lease liabilities recorded on the unconsolidated Consolidated Balance Sheets as of May 4, 2019: May 4, 2019 (in thousands) 2019 (remaining) $ 184,005 2020 268,382 2021 235,311 2022 217,875 2023 193,933 Thereafter 394,009 Total minimum lease payments 1,493,515 Less: amount of lease payments representing interest 223,157 Present value of future minimum lease payments 1,270,358 Less: current obligations under leases 228,212 Long-term lease obligations $ 1,042,146 As previously disclosed in the Company's Consolidated Financial Statements for the year ending February 2, 2019, future minimum lease payments for noncancelable operating leases, under the previous lease accounting standard, were as follows at February 2, 2019 (in thousands): 2019 $ 221,816 2020 189,285 2021 163,748 2022 151,718 2023 135,345 Thereafter 290,790 Total $ 1,152,702 Lease Financing Obligations Prior to the adoption of ASC 842, in certain lease arrangements, the Company was involved in the construction of the building. To the extent the Company was involved in the construction of structural improvements or took construction risk prior to commencement of a lease, it was deemed the owner of the project for accounting purposes. Therefore, the Company recorded 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 was considered the owner are expected to expire in 2023 and 2029. 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 $56.6 million as of February 2, 2019 . There was also $65.1 million of lease financing obligations as of February 2, 2019 in other long-term liabilities on the unaudited Consolidated Balance Sheets. These amounts were eliminated as part of the adoption of ASC 842. Rent expense relating to the land was recognized on a straight-line basis. The Company did not report rent expense for the portion of the rent payment determined to be related to the buildings which were owned for accounting purposes. Rather, this portion of the rent payment under the lease was 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 that was being amortized through interest expense over the remaining lease term. As of February 2, 2019 , the remaining balance related to the put option was $7.5 million of which $6.7 million was included within other long-term liabilities on the Consolidated Balance Sheets. These amounts were eliminated as part of the adoption of ASC 842.

Debt

Debt	3 Months Ended
	May 04, 2019
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 was May 20, 2020. As of May 4, 2019 , there were no borrowings outstanding and approximately $247.0 million was available for borrowing 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 for 15 consecutive days. 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. On May 24, 2019, the Company amended and restated its Revolving Credit Facility. The borrowing capacity under the facility remains at $250 million but the expiration date of the facility has been extended to May 24, 2024. The amended and restated Revolving Credit Facility also provides that all obligations thereunder are 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 May 4, 2019 and February 2, 2019 , outstanding stand-by LCs totaled $3.0 million and $3.0 million , respectively.

Share-Based Compensation

Share-Based Compensation	3 Months Ended
	May 04, 2019
Share-based Payment Arrangement, Noncash Expense [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. The Company issues shares of common stock from treasury stock upon exercise of stock options and vesting of restricted stock units, including those with performance conditions. Share-Based Compensation Plans In 2010, the Board approved, and the Company implemented, the Express, Inc. 2010 Incentive Compensation Plan (as amended, the "2010 Plan"). The 2010 Plan authorized the Compensation Committee (the "Committee") of the Board and its designees to offer eligible employees and directors cash and stock-based incentives as deemed appropriate in order to attract, retain, and reward such individuals. As of April 30, 2018, upon the recommendation of the Committee, the Board unanimously approved and adopted, subject to stockholder approval, the Express, Inc. 2018 Incentive Compensation Plan (the “2018 Plan”) to replace the 2010 Plan. On June 13, 2018, stockholders of the Company approved the 2018 Plan and all grants made subsequent to that approval will be made under the 2018 Plan. The following summarizes share-based compensation expense: Thirteen Weeks Ended May 4, 2019 May 5, 2018 (in thousands) Restricted stock units $ 2,210 $ 3,399 Stock options 38 333 Performance-based restricted stock units 124 82 Total share-based compensation $ 2,372 $ 3,814 The stock compensation related income tax benefit recognized by the Company during the thirteen weeks ended May 4, 2019 and May 5, 2018 was $1.5 million and $2.2 million , respectively. Restricted Stock Units During the thirteen weeks ended May 4, 2019 , the Company granted restricted stock units (“RSUs”) under the 2018 Plan. 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 2018 Plan. The RSUs granted in 2019 vest ratably over four years and the expense related to these RSUs will be recognized using the straight-line attribution method over this vesting period. The Company’s activity with respect to RSUs, including awards with performance conditions granted prior to 2018, for the thirteen weeks ended May 4, 2019 was as follows: Number of Shares Grant Date Weighted Average Fair Value Per Share (in thousands, except per share amounts) Unvested, February 2, 2019 3,064 $ 8.95 Granted 2,386 $ 4.29 Vested (1,024 ) $ 10.27 Forfeited (453 ) $ 7.39 Unvested, May 4, 2019 3,973 $ 6.00 The total fair value of RSUs that vested during the thirteen weeks ended May 4, 2019 was $10.5 million . As of May 4, 2019 , there was approximately $19.5 million of total unrecognized compensation expense related to unvested RSUs, which is expected to be recognized over a weighted-average period of approximately 2.0 years. Stock Options The Company’s activity with respect to stock options during the thirteen weeks ended May 4, 2019 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, February 2, 2019 2,379 $ 16.40 Granted — $ — Exercised — $ — Forfeited or expired (117 ) $ 13.69 Outstanding, May 4, 2019 2,262 $ 16.53 4.4 $ — Expected to vest at May 4, 2019 161 $ 11.20 7.7 $ — Exercisable at May 4, 2019 2,095 $ 16.97 4.1 $ — As of May 4, 2019 , there was approximately $0.4 million of total unrecognized compensation expense related to stock options, which is expected to be recognized over a weighted average period of approximately 1.3 years. Performance-based Restricted Stock Units In the first quarter of 2018, the Company granted performance shares to a limited number of senior executive-level employees, which entitle these employees to receive a specified number of shares of the Company’s common stock upon vesting. The number of shares earned could range between 0% and 200% of the target amount depending upon performance achieved over a three -year vesting period. The performance conditions of the award include adjusted diluted earnings per share (EPS) targets and total shareholder return (TSR) of the Company’s common stock relative to a select group of peer companies. The 2018 target grant currently represents approximately 0.5 million shares, with a grant date fair value of $7.54 per share. Cash-Settled Awards In 2019 and 2018, the Company granted cash-settled awards to a limited number of senior executive-level employees. These awards are classified as liabilities, are valued based on the fair value of the award at the grant date and are remeasured at each reporting date until settlement with compensation expense being recognized in proportion to the completed requisite period up until date of settlement. The amount of cash earned could range between 0% and 200% of the target amount depending upon performance achieved over the three -year vesting period. The performance conditions of the award include EPS targets and TSR of the Company’s common stock relative to a select group of peer companies. A Monte Carlo valuation model is used to determine the fair value of the awards. As of May 4, 2019, $2.1 million of total unrecognized compensation costs is expected to be recognized on cash-settled awards over a weighted-average period of roughly 2.5 years.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	May 04, 2019
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies In a complaint filed in January 2017 by Mr. Jorge Chacon 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. In July 2018, former associate Ms. Christie Carr filed suit in Alameda County Superior Court for the State of California naming certain subsidiaries of the Company in a representative action alleging violations of California State wage and hour statutes and other labor standard violations. The lawsuit seeks unspecified monetary damages and attorneys’ fees. On January 28, 2019, Jorge Chacon filed a second representative action in the Superior Court for the State of California for the County of Orange alleging violations of California state wages and hour statutes and other labor standard violations. The lawsuit seeks unspecified monetary damages and attorneys' fees. The Company is vigorously defending itself against these claims and, as of May 4, 2019 , has established an estimated liability based on its best estimate of the outcome of the matters. 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
	May 04, 2019
Equity Method Investments and Joint Ventures [Abstract]
Investment in Equity Interests	Investment in Equity Interests In 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. Under the terms of the agreement governing the investment, the Company’s investment was increased by $0.5 million during both the second quarter of 2017 and 2018 as the result of an accrual of a non-cash preferred yield. This investment is assessed for impairment whenever factors indicate an other than temporary loss in value. Factors providing evidence of such a loss include the fair value of an investment that is less than its carrying value, absence of an ability to recover the carrying value or the investee’s inability to generate income sufficient to justify the carrying value. As a result of this assessment in 2018, the Company determined the carrying value exceeded the fair value and recognized in 2018 an $8.4 million impairment charge within other expense/(income), net in the Consolidated Statements of Income and Comprehensive Income. The remaining $2.7 million investment, inclusive of the $1.0 million preferred yield, is included in other assets on the unaudited Consolidated Balance Sheets. The fair value of the equity method investment was determined based on applying income and market approaches. The income approach relied on the discounted cash flow method and the market approach relied on a market multiple approach considering historical and projected financial results.

Stockholders' Equity

Stockholders' Equity	3 Months Ended
	May 04, 2019
Equity [Abstract]
Stockholders' Equity	Stockholders’ Equity On November 28, 2017, Board approved a new share repurchase program that authorized the Company to repurchase up to $150 million of the Company’s outstanding common stock using available cash (the “2017 Repurchase Program”). Under the 2017 Repurchase Program, the Company may repurchase shares on the open market, including through Rule 10b5-1 plans, in privately negotiated transactions, through block purchases, or otherwise in compliance with applicable laws, including Rule 10b-18 of the Securities Exchange Act of 1934, as amended. The timing and amount of stock repurchases will depend on a variety of factors, including business and market conditions as well as corporate and regulatory considerations. The share repurchase program may be suspended, modified, or discontinued at any time and the Company has no obligation to repurchase any amount of its common stock under the program. In 2017, the Company repurchased 2.1 million shares of its common stock under the 2017 Repurchase Program for an aggregate amount equal to $17.3 million , including commissions. In 2018, the Company repurchased 10.0 million shares of its common stock under the 2017 Repurchase Program for an aggregate amount equal to $83.2 million , including commissions. During the thirteen weeks ended May 4, 2019 , the Company repurchased 0.9 million shares of its common stock under the 2017 Repurchase Program, respectively, for an aggregate amount equal to $4.9 million , including commissions. As of May 4, 2019, the Company had approximately $44.7 million remaining under this authorization.

Description of Business and B_2

Description of Business and Basis of Presentation (Policies)	3 Months Ended
	May 04, 2019
Description of Business and Basis of Presentation [Abstract]
Fiscal Year	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 “ 2019 ” and “ 2018 ” represent the 52-week period ended February 1, 2020 and the 52-week period ended February 2, 2019 , respectively. All references herein to “the first quarter of 2019 “ and “the first quarter of 2018 “ represent the thirteen weeks ended May 4, 2019 and May 5, 2018 , respectively.
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 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 2019 . Therefore, these statements should be read in conjunction with the Consolidated Financial Statements and Notes thereto for the year ended February 2, 2019 , included in the Company’s Annual Report on Form 10-K, filed with the SEC on March 19, 2019 .
Principles of Consolidation	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.
Segment Reporting	Segment Reporting
Use of Estimates in the Preparation of Financial Statements	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	Recently Issued Accounting Pronouncements - Adopted Leases Recently Issued Accounting Pronouncements - Adopted Leases In February 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2016-02, “Leases (Topic 842)” (“ASC 842”). This ASU is a comprehensive new standard that amends various aspects of existing guidance for leases and requires additional disclosures about leasing arrangements. It requires lessees to recognize lease assets and lease liabilities for most leases, including those leases previously classified as operating leases under GAAP. ASC 842 requires a modified retrospective transition for leases existing at or entered into after the beginning of the earliest comparative period presented in the financial statements. In July 2018, the FASB issued ASU 2018-11, “Leases (Topic 842): Targeted Improvements,” that allows entities to recognize a cumulative-effect adjustment to the opening balance of retained earnings in the period of adoption without adjustment to the financial statements for periods prior to adoption. The Company adopted ASC 842 on February 3, 2019 on a modified retrospective basis and applied the new standard to all leases through a cumulative-effect adjustment to beginning accumulated retained earnings. As a result, comparative financial information has not been restated and continues to be reported under the accounting standards in effect for the respective periods. The Company elected the package of practical expedients permitted under the transition guidance within the new standard, which permits companies not to reassess prior conclusions on lease identification, lease classification and initial direct costs. The Company did not elect the hindsight practical expedient. On February 3, 2019, the Company recognized leases, primarily related to its stores and corporate headquarters, on its unaudited Consolidated Balance Sheet, as right-of-use assets of $1.2 billion with corresponding lease liabilities of $1.3 billion and eliminated certain existing lease-related assets and liabilities as a net adjustment to the right-of-use assets. The Company’s right-of-use assets represent a right to use underlying assets for the lease term and lease liabilities represent the Company’s obligation to make lease payments arising from the lease. Lease assets and liabilities are recognized at the lease commencement date (date on which the Company gains access to the property) based on the estimated present value of lease payments over the lease term, net of landlord allowances to be received. The Company accounts for the lease and non-lease components as a single lease component for all current classes of leases. In connection with this adoption, the Company recorded a transition adjustment, which was a net reduction of retained earnings of $5.5 million . This adjustment primarily reflects the difference between the right-of-use assets and lease liabilities recorded upon adoption, the elimination of the lease financing obligations and related assets described in Note 7, including the related put option, and the recognition of the impairment, upon adoption, of certain right-of-use assets totaling $1.2 million . The adoption of the new standard had no material impact on the unaudited Consolidated Statements of Income and Comprehensive Income, the unaudited Consolidated Statements of Cash Flows, and did not impact the Company's compliance with debt covenants.
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.
Lease Financing Obligations	Leases The Company leases all of its store locations and its corporate headquarters, which also includes its distribution center, under operating leases. The store leases typically have initial terms of 5 years to 10 years . The current lease term for the corporate headquarters expires in 2026, with one optional five -year extension period. The Company also leases certain equipment and other assets under operating leases, typically with initial terms of 3 to 5 years . The lease term includes the initial contractual term as well as any options to extend the lease when it is reasonably certain that the Company will exercise that option. Leases with an initial term of 12 months or less (short-term leases) are not recorded on the balance sheet. The Company does not currently have any material short-term leases. The Company is generally obligated for the cost of property taxes, insurance and other landlord costs, including common area maintenance charges, relating to its leases. If these charges are fixed they are combined with lease payments in determining the lease liability; however, if such charges are not fixed, they are considered variable lease costs and are expensed as incurred. The variable payments are not included in the measurement of the lease liability or asset and are expensed as incurred. The Company’s finance leases are immaterial. Certain lease agreements include rental payments based on a percentage of retail sales over contractual levels and others include rental payments adjusted periodically for inflation. The Company’s lease agreements do not contain any material residual value guarantees or material restrictive covenants. The following table is a summary of the Company’s components of net lease cost, which is included in Cost of Goods Sold, Buying and Occupancy Costs, on the Consolidated Statements of Income and Comprehensive Income: Thirteen Weeks Ended May 4, 2019 (in thousands) Operating lease costs $ 68,842 Variable and short-term lease costs 17,633 Total lease costs $ 86,475 Supplemental cash flow information related to leases is as follows: Thirteen Weeks Ended May 4, 2019 (in thousands) Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows for operating leases $ 70,832 Right-of-use assets obtained in exchange for operating lease liabilities $ 3,717 Supplemental balance sheet information related to leases as of May 4, 2019 is as follows: Thirteen Weeks Ended May 4, 2019 Operating leases: Weighted average remaining lease term (in years) 6.2 Weighted average discount rate 4.8% The Company’s lease agreements do not provide an implicit rate, so the Company uses an estimated incremental borrowing rate, which is derived from third-party information available at the lease commencement date, in determining the present value of lease payments. The rate used is for a secured borrowing of a similar term as the lease. The following table reconciles the undiscounted cash flows for each of the first five years and total of the remaining years to the operating lease liabilities recorded on the unconsolidated Consolidated Balance Sheets as of May 4, 2019: May 4, 2019 (in thousands) 2019 (remaining) $ 184,005 2020 268,382 2021 235,311 2022 217,875 2023 193,933 Thereafter 394,009 Total minimum lease payments 1,493,515 Less: amount of lease payments representing interest 223,157 Present value of future minimum lease payments 1,270,358 Less: current obligations under leases 228,212 Long-term lease obligations $ 1,042,146 As previously disclosed in the Company's Consolidated Financial Statements for the year ending February 2, 2019, future minimum lease payments for noncancelable operating leases, under the previous lease accounting standard, were as follows at February 2, 2019 (in thousands): 2019 $ 221,816 2020 189,285 2021 163,748 2022 151,718 2023 135,345 Thereafter 290,790 Total $ 1,152,702 Lease Financing Obligations Prior to the adoption of ASC 842, in certain lease arrangements, the Company was involved in the construction of the building. To the extent the Company was involved in the construction of structural improvements or took construction risk prior to commencement of a lease, it was deemed the owner of the project for accounting purposes. Therefore, the Company recorded 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	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 May 4, 2019 , the Company granted restricted stock units (“RSUs”) under the 2018 Plan. 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 2018 Plan. The RSUs granted in 2019 vest ratably over four years and the expense related to these RSUs will be recognized using the straight-line attribution method over this vesting period.

Revenue Recognition (Tables)

Revenue Recognition (Tables)	3 Months Ended
	May 04, 2019
Revenue from Contract with Customer [Abstract]
Schedule of Revenue by Major Product Categories and Sales Channels	The following is information regarding the Company’s major product categories and sales channels: Thirteen Weeks Ended May 4, 2019 May 5, 2018 (in thousands) Apparel $ 388,855 $ 416,482 Accessories and other 45,895 48,302 Other revenue 16,521 14,568 Total net sales $ 451,271 $ 479,352 Thirteen Weeks Ended May 4, 2019 May 5, 2018 (in thousands) Retail $ 328,339 $ 374,487 Outlet 106,411 90,297 Other revenue 16,521 14,568 Total net sales $ 451,271 $ 479,352
Schedule of Contract with Customer, Liability	Thirteen Weeks Ended May 4, 2019 May 5, 2018 (in thousands) Beginning balance refundable payment liability $ 17,028 $ 19,906 Recognized in revenue (719 ) (719 ) Ending balance refundable payment liability $ 16,309 $ 19,187 Thirteen Weeks Ended May 4, 2019 May 5, 2018 (in thousands) Beginning balance loyalty deferred revenue $ 15,319 $ 14,186 Reduction in revenue/(revenue recognized) (603 ) 887 Ending balance loyalty deferred revenue $ 14,716 $ 15,073 Thirteen Weeks Ended May 4, 2019 May 5, 2018 (in thousands) Beginning gift card liability $ 25,133 $ 26,737 Issuances 7,713 8,384 Redemptions (10,119 ) (11,593 ) Gift card breakage (1,151 ) (1,191 ) Ending gift card liability $ 21,576 $ 22,337

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	May 04, 2019
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 May 4, 2019 May 5, 2018 (in thousands) Weighted-average shares - basic 66,845 75,407 Dilutive effect of stock options and restricted stock units — 716 Weighted-average shares - diluted 66,845 76,123

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	May 04, 2019
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	The following table presents the Company’s financial assets, recorded in cash and cash equivalents on the unaudited Consolidated Balance Sheets, measured at fair value on a recurring basis as of May 4, 2019 and February 2, 2019 , aggregated by the level in the fair value hierarchy within which those measurements fall. May 4, 2019 Level 1 Level 2 Level 3 (in thousands) Money market funds $ 121,104 $ — $ — February 2, 2019 Level 1 Level 2 Level 3 (in thousands) Money market funds $ 155,014 $ — $ —

Intangible Assets (Tables)

Intangible Assets (Tables)	3 Months Ended
	May 04, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Intangible Assets	The following table provides the significant components of intangible assets: May 4, 2019 Cost Accumulated Amortization Ending Net Balance (in thousands) Tradename/domain names/trademarks $ 197,618 $ — $ 197,618 Licensing arrangements 425 331 94 $ 198,043 $ 331 $ 197,712 February 2, 2019 Cost Accumulated Amortization Ending Net Balance (in thousands) Tradename/domain names/trademarks $ 197,618 $ — $ 197,618 Licensing arrangements 425 319 106 $ 198,043 $ 319 $ 197,724

Leases (Tables)

Leases (Tables)	3 Months Ended
	May 04, 2019
Leases [Abstract]
Net Lease Cost and Supplemental Cash Flow Information	The following table is a summary of the Company’s components of net lease cost, which is included in Cost of Goods Sold, Buying and Occupancy Costs, on the Consolidated Statements of Income and Comprehensive Income: Thirteen Weeks Ended May 4, 2019 (in thousands) Operating lease costs $ 68,842 Variable and short-term lease costs 17,633 Total lease costs $ 86,475 Supplemental cash flow information related to leases is as follows: Thirteen Weeks Ended May 4, 2019 (in thousands) Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows for operating leases $ 70,832 Right-of-use assets obtained in exchange for operating lease liabilities $ 3,717
Balance Sheet Supplemental Disclosures	Supplemental balance sheet information related to leases as of May 4, 2019 is as follows: Thirteen Weeks Ended May 4, 2019 Operating leases: Weighted average remaining lease term (in years) 6.2 Weighted average discount rate 4.8%
Operating Lease Maturity after Adoption of Topic 842	The following table reconciles the undiscounted cash flows for each of the first five years and total of the remaining years to the operating lease liabilities recorded on the unconsolidated Consolidated Balance Sheets as of May 4, 2019: May 4, 2019 (in thousands) 2019 (remaining) $ 184,005 2020 268,382 2021 235,311 2022 217,875 2023 193,933 Thereafter 394,009 Total minimum lease payments 1,493,515 Less: amount of lease payments representing interest 223,157 Present value of future minimum lease payments 1,270,358 Less: current obligations under leases 228,212 Long-term lease obligations $ 1,042,146
Operating Lease Maturity before Adoption of Topic 842	As previously disclosed in the Company's Consolidated Financial Statements for the year ending February 2, 2019, future minimum lease payments for noncancelable operating leases, under the previous lease accounting standard, were as follows at February 2, 2019 (in thousands): 2019 $ 221,816 2020 189,285 2021 163,748 2022 151,718 2023 135,345 Thereafter 290,790 Total $ 1,152,702

Share-Based Compensation (Table

Share-Based Compensation (Tables)	3 Months Ended
	May 04, 2019
Share-based Payment Arrangement, Noncash Expense [Abstract]
Schedule of Shared-based Compensation Expense	The following summarizes share-based compensation expense: Thirteen Weeks Ended May 4, 2019 May 5, 2018 (in thousands) Restricted stock units $ 2,210 $ 3,399 Stock options 38 333 Performance-based restricted stock units 124 82 Total share-based compensation $ 2,372 $ 3,814
Schedule Activity related to Restricted Stock Units, Including Awards with Performance Conditions	The Company’s activity with respect to RSUs, including awards with performance conditions granted prior to 2018, for the thirteen weeks ended May 4, 2019 was as follows: Number of Shares Grant Date Weighted Average Fair Value Per Share (in thousands, except per share amounts) Unvested, February 2, 2019 3,064 $ 8.95 Granted 2,386 $ 4.29 Vested (1,024 ) $ 10.27 Forfeited (453 ) $ 7.39 Unvested, May 4, 2019 3,973 $ 6.00
Schedule of Activity related to Stock Options	The Company’s activity with respect to stock options during the thirteen weeks ended May 4, 2019 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, February 2, 2019 2,379 $ 16.40 Granted — $ — Exercised — $ — Forfeited or expired (117 ) $ 13.69 Outstanding, May 4, 2019 2,262 $ 16.53 4.4 $ — Expected to vest at May 4, 2019 161 $ 11.20 7.7 $ — Exercisable at May 4, 2019 2,095 $ 16.97 4.1 $ —

Description of Business and B_3

Description of Business and Basis of Presentation (Details) $ in Thousands	Feb. 03, 2019USD ($)	May 04, 2019USD ($)segmentstore
Description of Business and Basis of Presentation [Line Items]
Number of stores | store		600
Number of stores under franchise agreements | store		14
Number of operating segments | segment		1
Right-of-use assets		$ 1,149,360
Lease liabilities		$ 1,270,358
Retail [Member]
Description of Business and Basis of Presentation [Line Items]
Number of stores | store		430
Outlet [Member]
Description of Business and Basis of Presentation [Line Items]
Number of stores | store		199
Accounting Standards Update 2016-02 [Member]
Description of Business and Basis of Presentation [Line Items]
Right-of-use assets	$ 1,200,000
Lease liabilities	1,300,000
Cumulative effect of new accounting principle	5,482
Right-of-use assets, impaired	$ 1,200

Revenue Recognition - Revenue b

Revenue Recognition - Revenue by Major Product Categories and Sales Channels (Details) - USD ($) $ in Thousands	3 Months Ended
	May 04, 2019	May 05, 2018
Disaggregation of Revenue [Line Items]
Total net sales	$ 451,271	$ 479,352
Apparel [Member]
Disaggregation of Revenue [Line Items]
Total net sales	388,855	416,482
Accessories And Other [Member]
Disaggregation of Revenue [Line Items]
Total net sales	45,895	48,302
Other Revenue [Member]
Disaggregation of Revenue [Line Items]
Total net sales	16,521	14,568
Retail [Member]
Disaggregation of Revenue [Line Items]
Total net sales	328,339	374,487
Outlet [Member]
Disaggregation of Revenue [Line Items]
Total net sales	$ 106,411	$ 90,297

Revenue Recognition (Details)

Revenue Recognition (Details) - USD ($) $ in Thousands	3 Months Ended
	May 04, 2019	Feb. 02, 2019	May 05, 2018	Feb. 03, 2018	Aug. 28, 2017
Disaggregation of Revenue [Line Items]
Redemption period for rewards earned	60 days
Sales returns reserve	$ 14,600	$ 9,900
Gift card liability	36,304	40,466
Gift Card Liability [Member]
Disaggregation of Revenue [Line Items]
Gift card liability	21,576	25,133	$ 22,337	$ 26,737
Comenity Bank [Member]
Disaggregation of Revenue [Line Items]
Deferred revenue	16,309	$ 17,028	$ 19,187	$ 19,906
Comenity Bank [Member] | Credit Card [Member]
Disaggregation of Revenue [Line Items]
Deferred revenue	$ 16,300				$ 20,000

Revenue Recognition - Loyalty D

Revenue Recognition - Loyalty Deferred Revenue (Details) - USD ($) $ in Thousands	3 Months Ended
	May 04, 2019	May 05, 2018
Contract With Customer, Liability [Roll Forward]
Beginning balance	$ 40,466
Ending balance	36,304
Loyalty Program [Member]
Contract With Customer, Liability [Roll Forward]
Beginning balance	15,319	$ 14,186
Reduction in revenue/(revenue recognized)	(603)	887
Ending balance	$ 14,716	$ 15,073

Revenue Recognition - Gift Card

Revenue Recognition - Gift Card Liability (Details) - USD ($) $ in Thousands	3 Months Ended
	May 04, 2019	May 05, 2018
Contract With Customer, Liability [Roll Forward]
Beginning balance	$ 40,466
Ending balance	36,304
Gift Card Liability [Member]
Contract With Customer, Liability [Roll Forward]
Beginning balance	25,133	$ 26,737
Ending balance	21,576	22,337
Issuances [Member]
Contract With Customer, Liability [Roll Forward]
Reduction in revenue/(revenue recognized)	7,713	8,384
Redemptions [Member]
Contract With Customer, Liability [Roll Forward]
Reduction in revenue/(revenue recognized)	(10,119)	(11,593)
Gift card breakage [Member]
Contract With Customer, Liability [Roll Forward]
Reduction in revenue/(revenue recognized)	$ (1,151)	$ (1,191)

Revenue Recognition - Refundabl

Revenue Recognition - Refundable Payment Liability (Details) - Comenity Bank [Member] - USD ($) $ in Thousands	3 Months Ended
	May 04, 2019	May 05, 2018
Movement in Deferred Revenue [Roll Forward]
Beginning balance refundable payment liability	$ 17,028	$ 19,906
Recognized in revenue	(719)	(719)
Ending balance refundable payment liability	$ 16,309	$ 19,187

Earnings Per Share (Details)

Earnings Per Share (Details) - shares shares in Thousands	3 Months Ended
	May 04, 2019	May 05, 2018
Earnings Per Share [Abstract]
Weighted-average shares, basic (in shares)	66,845	75,407
Dilutive effect of stock options and restricted stock units (in shares)	0	716
Weighted-average shares, diluted (in shares)	66,845	76,123
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potentially dilutive securities excluded from computation of earnings per share (in shares)	5,900	4,000
Performance Shares [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potentially dilutive securities excluded from computation of earnings per share (in shares)	300

Fair Value Measurements (Detail

Fair Value Measurements (Details) - USD ($)	3 Months Ended
	May 04, 2019	May 05, 2018	Feb. 02, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impairment charge	$ 0	$ 0
Recurring [Member] | Level 1 [Member] | Money market funds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Money market funds	121,104,000		$ 155,014,000
Recurring [Member] | Level 2 [Member] | Money market funds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Money market funds	0		0
Recurring [Member] | Level 3 [Member] | Money market funds [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
	May 04, 2019	Feb. 02, 2019
Finite-Lived Intangible Assets [Line Items]
Accumulated Amortization	$ 331	$ 319
Indefinite-lived Intangible Assets [Line Items]
Cost	197,618	197,618
Cost	198,043	198,043
Ending Net Balance	197,712	197,724
Trademarks and Trade Names [Member]
Indefinite-lived Intangible Assets [Line Items]
Cost	197,618	197,618
Licensing arrangements [Member]
Finite-Lived Intangible Assets [Line Items]
Cost	425	425
Accumulated Amortization	331	319
Ending Net Balance	$ 94	$ 106
Finite-lived intangible assets, useful life	10 years

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended
	May 04, 2019	May 05, 2018
Income Tax Disclosure [Abstract]
Effective income tax rate	8.40%	80.10%
Discrete tax expense, share-based compensation	$ 1.4	$ 1.3

Leases - Narrative (Details)

Leases - Narrative (Details)	3 Months Ended
	May 04, 2019renewal_option
Office Building [Member]
Lessee, Lease, Description [Line Items]
Number of renewal options	1
Lease renewal term	5 years
Minimum [Member] | Stores [Member]
Lessee, Lease, Description [Line Items]
Lease term	5 years
Minimum [Member] | Equipment And Other Assets [Member]
Lessee, Lease, Description [Line Items]
Lease term	3 years
Maximum [Member] | Stores [Member]
Lessee, Lease, Description [Line Items]
Lease term	10 years
Maximum [Member] | Equipment And Other Assets [Member]
Lessee, Lease, Description [Line Items]
Lease term	5 years

Leases - Net Lease Cost (Detail

Leases - Net Lease Cost (Details) $ in Thousands	3 Months Ended
	May 04, 2019USD ($)
Leases [Abstract]
Operating lease costs	$ 68,842
Variable and short-term lease costs	17,633
Total lease costs	$ 86,475

Leases - Supplemental Cash Flow

Leases - Supplemental Cash Flow Information (Details) $ in Thousands	3 Months Ended
	May 04, 2019USD ($)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases	$ 70,832
Right-of-use assets obtained in exchange for operating lease liabilities	$ 3,717

Leases - Supplemental Balance S

Leases - Supplemental Balance Sheet Information (Details)	May 04, 2019
Leases [Abstract]
Weighted average remaining lease term (in years)	6 years 2 months
Weighted average discount rate	4.80%

Leases - Operating Lease Maturi

Leases - Operating Lease Maturity after Adoption of Topic 842 (Details) $ in Thousands	May 04, 2019USD ($)
Leases [Abstract]
2019 (remaining)	$ 184,005
2020	268,382
2021	235,311
2022	217,875
2023	193,933
Thereafter	394,009
Total minimum lease payments	1,493,515
Less: amount of lease payments representing interest	223,157
Present value of future minimum lease payments	1,270,358
Less: current obligations under leases	228,212
Long-term lease obligations	$ 1,042,146

Leases - Operating Lease Matu_2

Leases - Operating Lease Maturity before Adoption of Topic 842 (Details) $ in Thousands	Feb. 02, 2019USD ($)
Leases [Abstract]
2019	$ 221,816
2020	189,285
2021	163,748
2022	151,718
2023	135,345
Thereafter	290,790
Total	$ 1,152,702

Leases - Lease Financing Obliga

Leases - Lease Financing Obligations (Details) - USD ($) $ in Millions	Feb. 02, 2019	Feb. 29, 2016
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	$ 56.6
Lease financing obligations	65.1
Put option	7.5	$ 11.4
Other Noncurrent Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Put option	$ 6.7

Debt - Revolving Credit Facilit

Debt - Revolving Credit Facility (Details) - Line of Credit [Member]	May 20, 2015USD ($)	May 24, 2019USD ($)	May 04, 2019USD ($)
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 250,000,000
Amount outstanding			$ 0
Remaining borrowing capacity			$ 247,000,000
Fixed charge ratio, numerator	1
Fixed charge ratio, denominator	1
Percent of borrowing base in fixed charge coverage ratio restriction, less than	10.00%
Number of days in fixed charge coverage ratio restriction	15 days
Subsequent Event [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity		$ 250,000,000

Debt - Letters of Credit (Detai

Debt - Letters of Credit (Details) - USD ($) $ in Millions	May 04, 2019	Feb. 02, 2019
Letter of Credit [Member] | Stand-by LCs [Member]
Debt Instrument [Line Items]
Letters of credit outstanding	$ 3	$ 3

Share-Based Compensation - Cost

Share-Based Compensation - Cost by Award Type (Details) - USD ($) $ in Thousands	3 Months Ended
	May 04, 2019	May 05, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation	$ 2,372	$ 3,814
Tax benefit from share-based compensation expense	1,500	2,200
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation	2,210	3,399
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation	38	333
Performance Shares, Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation	$ 124	$ 82

Share-Based Compensation - Sche

Share-Based Compensation - Schedule of Restricted Stock Units, Including Awards with Performance Conditions (Details) - Restricted Stock Units (RSUs) [Member] $ / shares in Units, shares in Thousands, $ in Millions	3 Months Ended
	May 04, 2019USD ($)$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period	4 years
Number of Shares
Unvested at beginning of period (in shares) | shares	3,064
Granted (in shares) | shares	2,386
Vested (in shares) | shares	(1,024)
Forfeited (in shares) | shares	(453)
Unvested at end of period (in shares) | shares	3,973
Grant Date Weighted Average Fair Value Per Share
Grant date weighted average fair value at beginning of period (in dollar per share) | $ / shares	$ 8.95
Grant date weighted average fair value, granted (in dollar per share) | $ / shares	4.29
Grant date weighted average fair value, vested (in dollar per share) | $ / shares	10.27
Grant date weighted average fair value, forfeited (in dollar per share) | $ / shares	7.39
Grant date weighted average fair value at end of period (in dollar per share) | $ / shares	$ 6
Fair value of options vested | $	$ 10.5

Share-Based Compensation - Unre

Share-Based Compensation - Unrecognized Compensation Expense and Period for Recognition (Details) $ in Millions	3 Months Ended
	May 04, 2019USD ($)
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized share-based compensation expense	$ 19.5
Period for recognition	2 years
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized share-based compensation expense	$ 0.4
Period for recognition	1 year 3 months 10 days

Share-Based Compensation - Sc_2

Share-Based Compensation - Schedule of Stock Options Activity (Details) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	May 04, 2019USD ($)$ / sharesshares
Number of Shares
Stock Options Outstanding at beginning of period (in shares) | shares	2,379
Stock Options Granted (in shares) | shares	0
Stock Options Exercised (in shares) | shares	0
Stock Options Forfeited or expired (in shares) | shares	(117)
Stock Options Outstanding at end of period (in shares) | shares	2,262
Stock Options Expected to Vest at end of period (in shares) | shares	161
Stock Options Exercisable at end of period (in shares) | shares	2,095
Grant Date Weighted Average Exercise Price Per Share
Grant Date Weighted Average Exercise Price of Options Outstanding at beginning of period (in dollar per share) | $ / shares	$ 16.40
Grant Date Weighted Average Exercise Price of Options Granted (in dollar per share) | $ / shares	0
Grant Date Weighted Average Exercise Price of Options Exercised (in dollar per share) | $ / shares	0
Grant Date Weighted Average Exercise Price of Options Forfeited or expired (in dollar per share) | $ / shares	13.69
Grant Date Weighted Average Exercise Price of Options Outstanding at end of period (in dollar per share) | $ / shares	16.53
Grant Date Weighted Average Exercise Price of Options Expected to Vest at end of period (in dollar per share) | $ / shares	11.20
Grant Date Weighted Average Exercise Price of Options Exercisable at end of period (in dollar per share) | $ / shares	$ 16.97
Weighted-Average Remaining Contractual Life (in years)
Weighted Average Remaining Contractual Life of Options Outstanding	4 years 5 months
Weighted Average Remaining Contractual Life of Options Expected to Vest at end of period	7 years 8 months
Weighted Average Remaining Contractual Life of Options Exercisable at end of period	4 years 1 month
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

Share-Based Compensation - Perf

Share-Based Compensation - Performance-based Restricted Stock Units and Cash-Settled Awards (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended
	May 04, 2019	May 05, 2018
Performance Shares, Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period		3 years
Granted (in shares)	0.5
Grant date weighted average fair value, granted (in dollar per share)	$ 7.54
Performance Shares, Restricted Stock Units [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Target percentage of performance award which can be earned		0.00%
Performance Shares, Restricted Stock Units [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Target percentage of performance award which can be earned		200.00%
Cash-Settled Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period	3 years
Unrecognized compensation costs	$ 2.1
Period for recognition	2 years 6 months
Cash-Settled Awards [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Target percentage of performance award which can be earned	0.00%
Cash-Settled Awards [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Target percentage of performance award which can be earned	200.00%

Investment in Equity Interests

Investment in Equity Interests - Equity Method Investments (Details) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Aug. 04, 2018	Jul. 29, 2017	Feb. 02, 2019	May 04, 2019	Jan. 28, 2017
Equity Method Investments and Joint Ventures [Abstract]
Equity method investment				$ 2.7	$ 10.1
Increase in equity method investment during period	$ 0.5	$ 0.5
Impairment charge			$ 8.4
Preferred yield				$ 1

Stockholders' Equity (Details)

Stockholders' Equity (Details) - USD ($) shares in Millions	3 Months Ended		12 Months Ended
	May 04, 2019	May 05, 2018	Feb. 02, 2019	Feb. 03, 2018	Nov. 28, 2017
Class of Stock [Line Items]
Stock repurchase program, authorized amount					$ 150,000,000
Treasury stock, value, acquired	$ 6,387,000	$ 18,245,000
Stock repurchase program, remaining authorized amount	$ 44,700,000
Share Repurchase Program 2017 [Member]
Class of Stock [Line Items]
Treasury stock, acquired (in shares)	0.9		10	2.1
Treasury stock, value, acquired	$ 4,900,000		$ 83,200,000	$ 17,300,000

Uncategorized Items - expr-2019

Label	Element	Value
Accounting Standards Update 2016-02 [Member] | Retained Earnings [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	$ (5,482,000)