Vera Bradley (VRA) 10-Q 9 Jun 21 2022 Q1 Quarterly report Financial data

Cover page

Cover page - shares	3 Months Ended
	May 01, 2021	Jun. 02, 2021
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	May 1, 2021
Document Transition Report	false
Entity File Number	001-34918
Entity Registrant Name	VERA BRADLEY, INC.
Entity Incorporation, State or Country Code	IN
Entity Tax Identification Number	27-2935063
Entity Address, Address Line One	12420 Stonebridge Road
Entity Address, City or Town	Roanoke
Entity Address, State or Province	IN
Entity Address, Postal Zip Code	46783
City Area Code	(877)
Local Phone Number	708-8372
Title of 12(b) Security	Common Stock, without par value
Trading Symbol	VRA
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		33,991,017
Amendment Flag	false
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q1
Entity Central Index Key	0001495320
Current Fiscal Year End Date	--01-29

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	May 01, 2021	Jan. 30, 2021
Current assets:
Cash and cash equivalents	$ 51,371	$ 64,175
Short-term investments	1,293	1,295
Accounts receivable, net	21,945	27,543
Inventories	150,335	141,416
Income taxes receivable	8,782	7,372
Prepaid expenses and other current assets	18,478	17,882
Total current assets	252,204	259,683
Operating right-of-use assets	86,181	88,730
Property, plant, and equipment, net	62,391	63,952
Intangible assets, net	46,527	47,296
Goodwill	44,254	44,254
Deferred income taxes	3,161	3,530
Other assets	6,525	6,342
Total assets	501,243	513,787
Current liabilities:
Accounts payable	23,160	27,093
Accrued employment costs	11,122	13,648
Short-term operating lease liabilities	21,210	22,321
Other accrued liabilities	14,736	14,043
Income taxes payable	0	321
Total current liabilities	70,228	77,426
Long-term operating lease liabilities	88,228	91,536
Other long-term liabilities	83	109
Total liabilities	158,539	169,071
Commitments and contingencies
Redeemable noncontrolling interest	30,307	29,809
Shareholders’ equity:
Preferred stock; 5,000 shares authorized, no shares issued or outstanding	0	0
Common stock, without par value; 200,000 shares authorized, 42,378 and 41,808 shares issued and 33,985 and 33,414 shares outstanding, respectively	0	0
Additional paid-in-capital	105,076	105,433
Retained earnings	314,381	316,526
Accumulated other comprehensive income	0	8
Treasury stock	(107,060)	(107,060)
Total shareholders’ equity of Vera Bradley, Inc.	312,397	314,907
Total liabilities, redeemable noncontrolling interest, and shareholders’ equity	$ 501,243	$ 513,787

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	May 01, 2021	Jan. 30, 2021
Statement of Financial Position [Abstract]
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, without par value (in dollars per share)
Common stock, shares authorized	200,000,000	200,000,000
Common stock, shares issued	42,378,000	41,808,000
Common stock, shares outstanding	33,985,000	33,414,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	May 01, 2021	May 02, 2020
Income Statement [Abstract]
Net revenues	$ 109,094	$ 69,284
Cost of sales	49,930	35,096
Gross profit	59,164	34,188
Selling, general, and administrative expenses	60,896	59,782
Other (loss) income, net	(227)	20
Operating loss	(1,959)	(25,574)
Interest expense, net	90	72
Loss before income taxes	(2,049)	(25,646)
Income tax benefit	(531)	(10,109)
Net loss	(1,518)	(15,537)
Less: Net income (loss) attributable to redeemable noncontrolling interest	627	(200)
Net loss attributable to Vera Bradley, Inc.	(2,145)	(15,337)
Excess portion of redeemable noncontrolling interest redemption value adjustment	0	(6,800)
Net loss available to Vera Bradley, Inc. common shareholders	$ (2,145)	$ (22,137)
Basic weighted-average shares outstanding	33,590	33,330
Diluted weighted-average shares outstanding	33,590	33,330
Basic net income per share (in dollars per share)	$ (0.06)	$ (0.66)
Diluted net income per share (in dollars per share)	$ (0.06)	$ (0.66)

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	May 01, 2021	May 02, 2020
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ (1,518)	$ (15,537)
Unrealized loss on available-for-sale debt investments	(2)	(185)
Cumulative translation adjustment	(6)	10
Comprehensive loss, net of tax	(1,526)	(15,712)
Less: Comprehensive income (loss) attributable to redeemable noncontrolling interest	627	(200)
Comprehensive loss attributable to Vera Bradley, Inc.	$ (2,153)	$ (15,512)

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Shareholders’ Equity - USD ($) $ in Thousands	Total	Common Stock	Treasury Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)
Common stock (shares) outstanding, balance at the beginning of the period at Feb. 01, 2020		33,503,249
Treasury stock (shares), balance at the beginning of the period at Feb. 01, 2020			8,011,372
Balance at the beginning of the period at Feb. 01, 2020	$ 303,770		$ (104,159)	$ 100,357	$ 307,414	$ 158
Net loss attributable to Vera Bradley, Inc.	(15,337)				(15,337)
Translation adjustments	10					10
Unrealized gain (loss) on available-for-sale debt investments	(185)					(185)
Restricted shares vested, net of repurchase for taxes (in shares)		277,687
Restricted shares vested, net of repurchase for taxes	(537)			(537)
Stock-based compensation	59			59
Treasury stock purchased (in shares)		(381,835)	381,835
Treasury stock purchased	(2,901)		$ (2,901)
Redeemable noncontrolling interest redemption value adjustment	(9,305)				(9,305)
Common stock (shares) outstanding, balance at the end of the period at May. 02, 2020		33,399,101
Treasury stock (shares), balance at the end of the period at May. 02, 2020			8,393,207
Balance at the end of the period at May. 02, 2020	$ 275,574		$ (107,060)	99,879	282,772	(17)
Common stock (shares) outstanding, balance at the beginning of the period at Jan. 30, 2021	33,414,000	33,414,490
Treasury stock (shares), balance at the beginning of the period at Jan. 30, 2021			8,393,207
Balance at the beginning of the period at Jan. 30, 2021	$ 314,907		$ (107,060)	105,433	316,526	8
Net loss attributable to Vera Bradley, Inc.	(2,145)				(2,145)
Translation adjustments	(6)					(6)
Unrealized gain (loss) on available-for-sale debt investments	(2)					(2)
Restricted shares vested, net of repurchase for taxes (in shares)		570,562
Restricted shares vested, net of repurchase for taxes	(2,171)			(2,171)
Stock-based compensation	$ 1,814			1,814
Common stock (shares) outstanding, balance at the end of the period at May. 01, 2021	33,985,000	33,985,052
Treasury stock (shares), balance at the end of the period at May. 01, 2021	8,393,207		8,393,207
Balance at the end of the period at May. 01, 2021	$ 312,397		$ (107,060)	$ 105,076	$ 314,381	$ 0

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	May 01, 2021	May 02, 2020
Statement of Cash Flows [Abstract]
Net income (loss)	$ (1,518)	$ (15,537)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation of property, plant, and equipment	2,286	4,353
Amortization of operating right-of-use assets	4,930	5,563
Impairment charges	0	3,806
Amortization of intangible assets	769	2,440
Provision for doubtful accounts	(66)	497
Stock-based compensation	1,814	59
Deferred income taxes	369	737
Loss on investments	0	20
Adjustment of earn-out liability	0	229
Other non-cash gain, net	(45)	(23)
Changes in assets and liabilities:
Accounts receivable	5,664	2,241
Inventories	(8,919)	(9,249)
Prepaid expenses and other assets	(779)	(4,593)
Accounts payable	(4,234)	3,780
Income taxes	(1,731)	(11,893)
Operating lease liabilities, net	(6,800)	(384)
Accrued and other liabilities	(1,780)	(6,792)
Net cash used in operating activities	(10,040)	(24,746)
Cash flows from investing activities
Purchases of property, plant, and equipment	(503)	(2,238)
Purchases of investments	0	(851)
Proceeds from maturities and sales of investments	0	21,788
Cash received for business acquisition	0	993
Proceeds from disposal of property, plant, and equipment	45	0
Net cash (used in) provided by investing activities	(458)	19,692
Cash flows from financing activities
Tax withholdings for equity compensation	(2,171)	(537)
Repurchase of common stock	0	(3,077)
Distributions to redeemable noncontrolling interest	(129)	(296)
Borrowings under asset-based revolving credit agreement	0	60,000
Payment of contingent consideration for business acquisition	0	(18,677)
Net cash (used in) provided by financing activities	(2,300)	37,413
Effect of exchange rate changes on cash and cash equivalents	(6)	10
Net (decrease) increase in cash and cash equivalents	(12,804)	32,369
Cash and cash equivalents, beginning of period	64,175	49,917
Cash and cash equivalents, end of period	51,371	82,286
Supplemental disclosure of cash flow information
Cash paid for income taxes, net	$ 858	$ 1,045

Description of the Company and

Description of the Company and Basis of Presentation	3 Months Ended
	May 01, 2021
Accounting Policies [Abstract]
Description of the Company and Basis of Presentation	Description of the Company and Basis of Presentation The term “Company” refers to Vera Bradley, Inc. and its wholly and majority owned subsidiaries, except where the context requires otherwise or where otherwise indicated. Vera Bradley, Inc. operates two unique lifestyle brands – Vera Bradley and Pura Vida. We believe Vera Bradley and Pura Vida are complementary businesses, both with devoted, emotionally-connected, and multi-generational female customer bases; alignment as causal, comfortable, affordable, and fun brands; positioning as “gifting” and socially-connected brands; strong, entrepreneurial cultures; a keen focus on community, charity, and social consciousness; multi-channel distribution strategies; and talented leadership teams aligned and committed to the long-term success of their brands. Vera Bradley is a leading designer of women’s handbags, luggage and travel items, fashion and home accessories, and unique gifts. Founded in 1982 by friends Barbara Bradley Baekgaard and Patricia R. Miller, the brand’s innovative designs, iconic patterns, and brilliant colors continue to inspire and connect women. In July 2019, Vera Bradley, Inc. acquired a 75% interest in Creative Genius, Inc., which also operates under the name Pura Vida Bracelets (“Pura Vida”). Pura Vida, based in La Jolla, California, is a rapidly growing, digitally native lifestyle brand that we believe deeply resonates with its loyal consumer following. The Pura Vida brand has a differentiated and expanding offering of bracelets, jewelry, and other lifestyle accessories. The Company has three reportable segments: Vera Bradley Direct (“VB Direct”), Vera Bradley Indirect (“VB Indirect”), and Pura Vida. • The VB Direct business consists of sales of Vera Bradley products through Vera Bradley full-line and factory outlet stores in the United States; verabradley.com; the Vera Bradley online outlet site; and typically the Vera Bradley annual outlet sale in Fort Wayne, Indiana. As of May 1, 2021, the Company operated 73 full-line stores and 70 factory outlet stores. In light of the COVID-19 pandemic, the Company cancelled its calendar year 2021 and 2020 annual outlet sales. • The VB Indirect business consists of sales of Vera Bradley products to approximately 2,000 specialty retail locations, substantially all of which are located in the United States, as well as department stores, national accounts, third-party e-commerce sites, third-party inventory liquidators, and royalties recognized through licensing agreements related to the Vera Bradley brand. • The Pura Vida segment represents revenues generated through the Pura Vida websites, www.puravidabracelets.com, www.puravidabracelets.eu, and www.puravidabracelets.ca, and through the distribution of Pura Vida-branded products to wholesale retailers, substantially all of which are located in the United States. The accompanying unaudited consolidated financial statements have been prepared in accordance with the rules and regulations of the Securities and Exchange Commission (“SEC”). Accordingly, certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) have been condensed or omitted as permitted by such rules and regulations. These interim condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes included in the Company’s Annual Report on Form 10-K for the fiscal year ended January 30, 2021, filed with the SEC. The interim financial statements reflect all adjustments that are, in the opinion of management, necessary to present fairly the results for the interim periods presented. All such adjustments are of a normal, recurring nature. The results of operations for the thirteen weeks ended May 1, 2021, are not necessarily indicative of the results to be expected for the full fiscal year. Further, the Company cannot predict the future impacts that the COVID-19 pandemic could have on its future liquidity, operating results, and financial condition, but it could have a significant adverse affect on these metrics. The Company believes that during the first quarter of the current-year, consumer confidence, traffic and spending grew as COVID-19 vaccines became more widely available; with the distribution of government stimulus funds; and as customers began to return to work, social events, and travel. During the first quarter of the prior-year, the COVID-19 pandemic resulted in global travel restrictions, quarantines, and certain factory closures or reduced operations, as well as mall closures and reduced mall operating hours. Although the Vera Bradley and Pura Vida e-commerce operations remained open during this time, the aforementioned items had a material adverse impact on overall consumer demand, traffic, and sales during the period. The Company took various actions to navigate the pandemic which included, but was not limited to, temporarily closing all Vera Bradley store locations on March 19, 2020; temporarily furloughing 80% of our workforce mid-quarter; temporarily reducing base compensation for certain associates; preserving cash by drawing on our Credit Agreement, which was repaid during the fourth quarter of the prior-year; and managing inventory, rent, and other expenses. Principles of Consolidation The condensed consolidated financial statements include the accounts of the Company, its wholly owned subsidiaries, and its majority owned subsidiary, Pura Vida. The Company has eliminated intercompany balances and transactions in consolidation. Fiscal Periods The Company’s fiscal year ends on the Saturday closest to January 31. References to the fiscal quarters ended May 1, 2021 and May 2, 2020 refer to the thirteen-week periods ended on those dates. Recently Adopted Accounting Pronouncements In December 2019, the FASB issued ASU 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes . The amendments in this update remove certain exceptions to the general principals in Topic 740, as well as simplify GAAP for certain areas and improve consistency within the topic. This guidance is effective for interim and annual periods beginning on or after December 15, 2020 (fiscal 2022). Early adoption is permitted, with all amendments required to be adopted in the same period. The adoption of this standard in the first quarter of fiscal 2022 did not have a material impact on the Company's consolidated financial statements.

Revenue from Contracts with Cus

Revenue from Contracts with Customers	3 Months Ended
	May 01, 2021
Revenue from Contract with Customer [Abstract]
Revenue from Contracts with Customers	Revenue from Contracts with Customers Disaggregation of Revenue The following presents the Company's net revenues disaggregated by product category for the thirteen weeks ended May 1, 2021 and May 2, 2020 (in thousands): Thirteen Weeks Ended May 1, 2021 VB Direct Segment VB Indirect Segment Pura Vida Segment Total Product categories Bags $ 26,438 $ 8,050 $ — $ 34,488 Travel 15,179 2,567 — 17,746 Accessories 11,861 2,227 25,511 39,599 Home 6,538 737 — 7,275 Apparel/Footwear (6) 5,361 671 628 6,660 Other 1,355 (1) 1,012 (2) 959 (3) 3,326 Total net revenues $ 66,732 (4) $ 15,264 (5) $ 27,098 (4) $ 109,094 (1) Primarily includes net revenues from freight, stationery, and gift card breakage. (2) Primarily includes net revenues from licensing agreements and freight. (3) Related to freight. (4) Net revenues were related to product sales recognized at a point in time. (5) $14.5 million of net revenues related to product sales recognized at a point in time and $0.8 million of net revenues related to sales-based royalties recognized over time. (6) Includes mask sales. Thirteen Weeks Ended May 2, 2020 VB Direct Segment VB Indirect Segment Pura Vida Segment Total Product categories Bags $ 16,491 $ 4,600 $ — $ 21,091 Travel 9,441 2,397 — 11,838 Accessories 7,247 1,322 20,539 29,108 Home 2,349 231 — 2,580 Apparel/Footwear (6) 822 1,900 — 2,722 Other 487 (1) 779 (2) 679 (3) 1,945 Total net revenues $ 36,837 (4) $ 11,229 (5) $ 21,218 (4) $ 69,284 (1) Primarily includes net revenues from stationery, freight, and gift card breakage. (2) Primarily includes net revenues from licensing agreements, freight, and merchandising. (3) Related to freight. (4) Net revenues were related to product sales recognized at a point in time. (5) $10.6 million of net revenues related to product sales recognized at a point in time and $0.6 million of net revenues related to sales-based royalties recognized over time. (6) Includes mask sales. Contract Balances Contract liabilities as of May 1, 2021 and January 30, 2021, were $3.4 million and $4.1 million, respectively. The balance as of May 1, 2021 and January 30, 2021 consisted of unearned revenue related to the monthly bracelet and jewelry clubs of the Pura Vida segment, unredeemed gift cards, Pura Vida loyalty club points, Pura Vida customer deposits and payments collected before shipment, and an immaterial amount of unearned revenue for pre-payments of royalties in certain of the Company’s licensing arrangements. These contract liabilities are recognized within other accrued liabilities on the Company’s Condensed Consolidated Balance Sheets. Substantially all contract liabilities are recognized within one year. The Company did not have contract assets as of May 1, 2021 and January 30, 2021. The balance for accounts receivable from contracts with customers, net of allowances, as of May 1, 2021 and January 30, 2021, was $21.1 million and $26.0 million, respectively, which is recognized within accounts receivable, net, on the Company’s Condensed Consolidated Balance Sheets. The provision for doubtful accounts was $1.0 million and $1.1 million as of May 1, 2021 and January 30, 2021, respectively. The provision for doubtful accounts is based upon the likelihood of default expected during the life of the receivable. Performance Obligations The performance obligations for the VB Direct, VB Indirect, and Pura Vida segments include the promise to transfer distinct goods (or a bundle of distinct goods). The VB Indirect segment also includes the right to access intellectual property (“IP”) related to the Vera Bradley brand. Remaining Performance Obligations The Company does not have remaining performance obligations in excess of one year or contracts that it does not have the right to invoice as of May 1, 2021.

Leases

Leases	3 Months Ended
	May 01, 2021
Leases [Abstract]
Leases	Leases In the prior-year, the Company temporarily closed its full-line and factory outlet stores beginning on March 19, 2020, due to the COVID-19 pandemic, for various lengths of time (from several weeks to several months). All of the Company's stores were open during the first quarter of the current-year. As a result of the temporary closures in the prior-year, certain rent payments were deferred. An immaterial amount of rent abatements were received during the thirteen weeks ended May 1, 2021. Discount Rate The weighted-average discount rate as of May 1, 2021, and May 2, 2020 was 4.8% and 4.9%, respectively. T he discount rate is not readily determinable in the lease; therefore, the Company estimated the incremental borrowing rate, at the commencement date of each lease, which is the rate of interest it would have to borrow on a collateralized basis over a similar term with similar payments. Leases Not Yet Commenced As of May 1, 2021, the Company had two retail store leases which were executed, but did not have control of the underlying assets; therefore, the lease liability and right-of-use asset are not recorded on the Condensed Consolidated Balance Sheet. These leases contain undiscounted lease payments, which will be included in the determination of the lease liability, totaling approximately $3.6 million and have terms of approximately 10 years commencing in fiscal 2022. Amounts Recognized in the Condensed Consolidated Financial Statements The following lease expense is recorded within cost of sales for the Asia sourcing office and certain equipment leases and within selling, general, and administrative expenses for all other leases, including retail store leases, in the Company's Condensed Consolidated Statement of Operations for the thirteen weeks ended May 1, 2021 and May 2, 2020 (in thousands): Thirteen Weeks Ended May 1, 2021 May 2, 2020 Operating lease cost $ 5,870 $ 7,234 Variable lease cost 1,482 818 Short-term lease cost 193 69 Total lease cost $ 7,545 $ 8,121 The weighted-average remaining lease term as of May 1, 2021 and May 2, 2020 was 5.4 years and 5.8 years, respectively. Supplemental operating cash flow information was as follows (in thousands): Thirteen Weeks Ended May 1, 2021 May 2, 2020 Cash paid for amounts included in the measurement of operating lease liabilities (1) $ 11,055 $ 2,794 Right-of-use assets increase as a result of new and modified operating lease liabilities, net $ 2,403 $ 87 (1) 2.5 million of lease liabilities were recorded within accounts payable on the Company's Consolidated Balance Sheets as of January 30, 2021, and were paid in the first quarter of fiscal 2022.

Earnings Per Share

Earnings Per Share	3 Months Ended
	May 01, 2021
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share Basic earnings per share is computed based on the weighted-average number of common shares outstanding during the period. Diluted earnings per share is computed based on the weighted-average number of common shares outstanding, plus the effect of dilutive potential common shares outstanding during the period using the treasury stock method. Dilutive potential common shares represent outstanding restricted stock units. On July 16, 2019, as contemplated by the Interest Purchase Agreement, the Company and certain of its subsidiaries and the owners of the remaining twenty-five percent (25%) ownership interest in Pura Vida (the “Sellers”) which was not acquired by the Company (the “Remaining Pura Vida Interest”) entered into a Put/Call Agreement (the “Put/Call Agreement”). Pursuant to the Put/Call Agreement, and subject to the terms and conditions thereof, the Sellers have the right to sell all of the Remaining Pura Vida Interest to the Company, and the Company has the right to purchase all of the Remaining Pura Vida Interests from Sellers, in each case generally at any time following the fifth anniversary of the closing date of the transaction until the tenth anniversary thereof. The purchase price for any Remaining Pura Vida Interest put to, or called by, the Company will be determined based on the arithmetic average of a multiple of adjusted EBITDA of Pura Vida and a multiple of adjusted EBITDA of the Company, as defined in the Put/Call Agreement, over the twelve-month period ending on the last day of the month immediately preceding the month in which an exercise notice is delivered by a relevant party. As a result of this redemption feature, the Company recorded the noncontrolling interest as redeemable and classified it in temporary equity within its Condensed Consolidated Balance Sheets initially at its acquisition-date fair value. The noncontrolling interest is adjusted each reporting period for income (or loss) attributable to the noncontrolling interest. A measurement period adjustment, if any, is then made to adjust the noncontrolling interest to the higher of the redemption value or carrying value each reporting period. These adjustments are recognized through retained earnings and are not reflected in net income (loss) or net income (loss) attributable to Vera Bradley, Inc. When calculating earnings per share attributable to Vera Bradley, Inc., the Company adjusts the net income (loss) attributable to Vera Bradley, Inc. for the measurement period adjustment to the extent the redemption value exceeds the fair value of the noncontrolling interest on a cumulative basis. The components of basic and diluted earnings per share were as follows (in thousands, except per share data): Thirteen Weeks Ended May 1, May 2, Numerator: Net loss $ (1,518) $ (15,537) Less: Net income (loss) attributable to redeemable noncontrolling interest 627 (200) Net loss attributable to Vera Bradley, Inc. (2,145) (15,337) Plus: Excess portion of redeemable noncontrolling interest redemption value adjustment — (6,800) Net loss available to Vera Bradley, Inc. common shareholders $ (2,145) $ (22,137) Denominator: Weighted-average number of common shares (basic) 33,590 33,330 Dilutive effect of stock-based awards — — Weighted-average number of common shares (diluted) 33,590 33,330 Net loss per share available to Vera Bradley, Inc. common shareholders: Basic $ (0.06) $ (0.66) Diluted $ (0.06) $ (0.66) For the thirteen weeks ended May 1, 2021 and May 2, 2020, there were an immaterial number of additional shares issuable upon the vesting of restricted stock units that were excluded from the diluted share calculations because they were anti-dilutive.

Fair Value of Financial Instrum

Fair Value of Financial Instruments	3 Months Ended
	May 01, 2021
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	Fair Value of Financial Instruments 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 – Quoted prices in active markets for identical assets or liabilities; • Level 2 – Inputs, other than the quoted prices in active markets, that are observable either directly or indirectly; • Level 3 – Unobservable inputs based on the Company’s own assumptions. The classification of fair value measurements within the hierarchy is based upon the lowest level of input that is significant to the measurement. The carrying amounts reflected on the Condensed Consolidated Balance Sheets for cash and cash equivalents, accounts receivable, other current assets, and accounts payable as of May 1, 2021 and January 30, 2021, approximated their fair values. The following table details the fair value measurements of the Company's investments as of May 1, 2021 and January 30, 2021 (in thousands): Level 1 Level 2 Level 3 May 1, 2021 January 30, 2021 May 1, 2021 January 30, 2021 May 1, 2021 January 30, 2021 Cash equivalents (1) $ 1,566 $ 1,565 $ — $ — $ — $ — Short-term investments: U.S. corporate debt securities — — 626 627 — — Non-U.S. corporate debt securities — — 667 668 — — (1) Cash equivalents represent a money market fund that has a maturity of three months or less at the date of purchase. Due to the short maturity, the Company believes the carrying value approximates fair value. The Company assesses potential impairments to its long-lived assets, which includes property, plant, and equipment and lease right-of-use assets, on a quarterly basis or whenever events or circumstances indicate that the carrying amount of an asset may not be recoverable. Store-level assets and right-of-use assets are grouped at the individual store-level for the purpose of the impairment assessment. Recoverability of an asset group is measured by a comparison of the carrying amount of an asset group to its estimated undiscounted future cash flows expected to be generated by the asset group. If the carrying amount of the asset group exceeds its estimated undiscounted future cash flows, an impairment charge is recognized as the amount by which the carrying amount of the asset group exceeds the fair value of the asset group. The fair value of the store assets is determined using the discounted future cash flow method of anticipated cash flows through the store’s lease-end date using fair value measurement inputs classified as Level 3. The fair value of right-of-use assets is estimated using market comparative information for similar properties. Level 3 inputs are derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable. The Company recorded $3.8 million in impairment charges related to store assets including property, plant, and equipment and lease right-of-use assets during the thirteen weeks ended May 2, 2020. There were no impairment charges for the thirteen weeks ended May 1, 2021. Assets recognized or disclosed at fair value on the consolidated financial statements on a nonrecurring basis include items such as property, plant, and equipment, including leasehold improvements, and operating lease assets, as well as assets related to the Pura Vida acquisition including goodwill and intangible assets. These assets are measured at fair value if determined to be impaired. The discounted cash flow models used to estimate the applicable fair values involve numerous estimates and assumptions that are highly subjective. Changes to these estimates and assumptions could materially impact the fair value estimates. The estimates and assumptions critical to the overall fair value estimates include: (1) estimated future cash flow generated at the store level; (2) discount rates used to derive the present value factors used in determining the fair values; and (3) market rentals at the retail store. These and other estimates and assumptions are impacted by economic conditions and our expectations and may change in the future based on period-specific facts and circumstances. If economic conditions were to deteriorate, future impairment charges may be required which may be material.

Debt

Debt	3 Months Ended
	May 01, 2021
Debt Disclosure [Abstract]
Debt	Debt On September 7, 2018, Vera Bradley Designs, Inc. (“VBD”), a wholly-owned subsidiary of the Company, entered into an asset-based revolving Credit Agreement (the “Credit Agreement”) among VBD, JPMorgan Chase Bank, N.A., as administrative agent, and the lenders from time to time party thereto. The Credit Agreement provides for certain credit facilities to VBD in an aggregate principal amount not to initially exceed the lesser of $75.0 million or the amount of borrowing availability determined in accordance with a borrowing base of certain assets. Any proceeds of the credit facilities will be used to finance general corporate purposes of VBD and its subsidiaries, including but not limited to Vera Bradley International, LLC and Vera Bradley Sales, LLC (collectively, the “Named Subsidiaries”). The Credit Agreement also contains an option for VBD to arrange with lenders to increase the aggregate principal amount by up to $25.0 million. Amounts outstanding under the Credit Agreement bear interest at a per annum rate equal to either (i) for CBFR borrowings (including swingline loans), the CB Floating Rate, where the CB Floating Rate is the prime rate which shall never be less than the adjusted one month LIBOR rate on such day, plus the Applicable Rate, where the Applicable Rate is a percentage spread ranging from -1.00% to -1.50% or (ii) for each eurodollar borrowing, the Adjusted LIBO Rate, where the Adjusted LIBO Rate is the LIBO rate for such interest period multiplied by the statutory reserve rate, for the interest period in effect for such borrowing, plus the Applicable Rate, where the Applicable Rate is a percentage ranging from 1.00% to 1.30%. The applicable CB Floating Rate, Adjusted LIBO Rate, or LIBO Rate shall be determined by the administrative agent. The Credit Agreement also requires VBD to pay a commitment fee for the unused portion of the revolving facility of up to 0.20% per annum. VBD’s obligations under the Credit Agreement are guaranteed by the Company and the Named Subsidiaries. The obligations of VBD under the Credit Agreement are secured by substantially all of the respective assets of VBD, the Company, and the Named Subsidiaries and are further secured by the equity interests in VBD and the Named Subsidiaries. The Credit Agreement contains various affirmative and negative covenants, including restrictions on the Company's ability to incur debt or liens; engage in mergers or consolidations; make certain investments, acquisitions, loans, and advances; sell assets; enter into certain swap agreements; pay dividends or make distributions or make other restricted payments; engage in certain transactions with affiliates; and amend, modify, or waive any of its rights related to subordinated indebtedness and certain charter and other organizational, governing, and material agreements. The Company may avoid certain of such restrictions by meeting payment conditions defined in the Credit Agreement. The Credit Agreement also requires the Loan Parties to maintain a minimum fixed charge coverage ratio of 1.00 during periods when borrowing availability is less than the greater of (A) $7.5 million, and (B) 10% of the lesser of (i) the aggregate revolving commitment, and (ii) the borrowing base. The fixed charge coverage ratio, availability, aggregate revolving commitment, and the borrowing base are further defined in the Credit Agreement. The Credit Agreement contains customary events of default, including, among other things: (i) the failure to pay any principal, interest, or other fees under the Credit Agreement; (ii) the making of any materially incorrect representation or warranty; (iii) the failure to observe or perform any covenant, condition, or agreement in the Credit Agreement or related agreements; (iv) a cross default with respect to other material indebtedness; (v) bankruptcy and insolvency events; (vi) unsatisfied material final judgments; (vii) Employee Retirement Income Security Act of 1974 (“ERISA”) events that could reasonably be expected to have a material adverse effect; and (viii) a change in control (as defined in the Credit Agreement). Any commitments made under the Credit Agreement mature on September 7, 2023. As of May 1, 2021 and January 30, 2021, the Company had no borrowings outstanding and availability of $75.0 million under the Credit Agreement.

Income Taxes

Income Taxes	3 Months Ended
	May 01, 2021
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The provision for income taxes for interim periods is based on an estimate of the annual effective tax rate adjusted to reflect the impact of discrete items. Management judgment is required in projecting ordinary income to estimate the Company’s annual effective tax rate. The effecti ve tax rate for the thirteen weeks ended May 1, 2021, was 25.9%, compared to 39.4% for the thirteen weeks ended May 2, 2020. The year-over-year effective tax rate decrease was primarily due to the net operating loss carryback recorded in the prior-year period that did not recur in the current-year as a result of the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) that was enacted on March 27, 2020 in response to the COVID-19 pandemic.

Stock-Based Compensation

Stock-Based Compensation	3 Months Ended
	May 01, 2021
Share-based Payment Arrangement [Abstract]
Stock-Based Compensation	Stock-Based Compensation The Company recognizes stock-based compensation expense, for its awards of restricted stock units, in an amount equal to the fair market value of the underlying stock on the grant date of the respective award. The Company reserved 3,000,000 shares of common stock for issuance or transfer under the 2020 Equity and Incentive Plan, which allows for grants of restricted stock units, as well as other equity awards. The Company maintains the 2010 Equity and Incentive Plan for awards granted prior to the effectiveness of the 2020 Equity and Incentive Plan. Awards of Restricted Stock Units During th e thirteen weeks ended May 1, 2021, the Company granted 640,007 time-based and performance-based restricted stock units with an aggregate fair value of $6.6 million to certain employees and non-employee directors under the 2020 Equity and Incentive Plan compared to 1,412,024 time-based and performance-based restricted stock units with an aggregate fair value of $5.8 million in the same period of the prior-year under the 2010 Equity and Incentive Plan. There were no restricted stock units granted under the 2020 Equity and Incentive Plan during the thirteen weeks ended May 2, 2020. The majority of the time-based restricted stock units vest and settle in shares of the Company’s common stock, on a one-for-one basis, in equal installments on each of the first three anniversaries of the grant date. Restricted stock units issued to non-employee directors vest after a one-year period from the grant date. The Company recognizes the expense relating to these units, net of estimated forfeitures, on a straight-line basis over the vesting period. Performance-based restricted stock units vest upon the completion of a three-year period of time (cliff vesting), subject to the employee’s continuing employment throughout and the Company’s achievement of annual earnings per share targets, or other Company performance targets, during the three-year performance period. The Company recognizes the expense relating to these units, net of estimated forfeitures, based on the probable outcome of achievement of the financial targets, on a straight-line basis over three years. The following table sets forth a summary of restricted stock unit activity for the thirteen weeks ended May 1, 2021 (units in thousands): Time-based Performance-based Number of Weighted- Number of Weighted- Nonvested units outstanding at January 30, 2021 1,049 $ 5.73 896 $ 8.34 Granted 357 10.24 282 10.24 Vested (519) 5.74 (267) 10.61 Forfeited (1) 7.28 — — Nonvested units outstanding at May 1, 2021 886 $ 7.53 911 $ 8.26 As of May 1, 2021, there was $10.1 million of total unrecognized compensation cost, net of estimated forfeitures, related to nonvested restricted stock units. That cost is expected to be recognized over a weighted-average period of 2.0 years, subject to meeting performance conditions.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	May 01, 2021
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies The Company is subject to various claims and contingencies arising in the normal course of business, including those relating to product liability, legal claims, employee benefits, environmental issues, and other matters. Management believes that at this time it is not probable that any of these claims will have a material adverse effect on the Company’s financial condition, results of operations, or cash flows. However, the outcomes of legal proceedings and claims brought against the Company are subject to uncertainty, and future developments could cause these actions or claims, individually or in aggregate, to have a material adverse effect on the Company’s financial condition, results of operations, or cash flows of a particular reporting period. In August of 2019, Vesi Incorporated (“Vesi”) filed suit against the Company in the U.S. District Court for the Southern District of Ohio related to the Company’s licensing business and alleging breach of fiduciary duty, unfair competition, defamation, and tortious interference with prospective business relationships. The complaint seeks damages in an amount not less than $10.0 million for punitive damages, attorney fees, prejudgment interest, and any other additional relief. The Company has denied any liability and intends to vigorously defend itself in the case. In November 2019, the Company filed a counterclaim against the principals of Vesi as personal guarantors for monies owed to the Company by Vesi. The cases are currently in discovery. At this time, we are not able to estimate a possible loss or range of loss that may result from this matter or to determine whether such loss, if any, would have a material adverse effect on our financial condition or results of operations due to the fact that the Company is vigorously defending itself and management believes that the Company has a number of meritorious legal defenses. In April of 2020, Chidimma Igboakaeze filed suit seeking class certification for all current and former hourly-paid employees who worked for the Company within the state of California during the four years preceding the filing until final judgement. The complaint alleged various violations of the California Labor Code related to wages, overtime, meal and rest breaks, non-compliant wage statements and records and other similar allegations related to employment. The Plaintiff also filed a Private Attorney General Act claim with the state of California regarding the same allegations. This case was settled in the first quarter of fiscal 2022 for an immaterial amount.

Common Stock

Common Stock	3 Months Ended
	May 01, 2021
Equity [Abstract]
Common Stock	Common Stock On November 29, 2018, the Company's board of directors approved a share repurchase plan (the “2018 Share Repurchase Program”) authorizing up to $50.0 million of repurchases of shares of the Company's common stock. On December 3, 2020, the 2018 Share Repurchase Program was extended through December 11, 2021. On March 20, 2020, the Company temporarily suspended the share repurchase program to conserve cash as a result of the COVID-19 pandemic. The board of directors authorized the resumption of the share repurchase program beginning on March 11, 2021. The Company purchased no shares during the thirteen weeks ended May 1, 2021. There was $32.9 million remaining available to repurchase shares of the Company's common stock under the 2018 Share Repurchase Program as of May 1, 2021. As of May 1, 2021, the Company held as treasury shares 8,393,207 shares of its common stock at an average price of $12.76 per share, excluding commissions, for an aggregate carrying amount of $107.1 million. The Company’s treasury shares may be issued under the 2010 Equity and Incentive Plan (with respect to outstanding awards under that plan), under the 2020 Equity and Incentive Plan, or for other corporate purposes.

Cloud Computing Arrangements

Cloud Computing Arrangements	3 Months Ended
	May 01, 2021
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Cloud Computing Arrangements	Cloud Computing Arrangements The Company capitalizes implementation costs associated with its Cloud Computing Arrangements (“CCA”) consistent with costs capitalized for internal-use software. The CCA costs are amortized over the term of the related hosting agreement, taking into consideration renewal options, if any. The renewal period is included in the amortization period if determined that the option is reasonably certain to be exercised. The amortization expense is recorded within selling, general, and administrative expenses in the Company's Condensed Consolidated Statements of Operations, which is within the same line item as the related hosting fees. The balance of the unamortized CCA implementation costs totaled $8.4 million and $8.1 million as of May 1, 2021 and January 30, 2021, respectively. Of this total, $2.5 million and $2.4 million was recorded within prepaid expenses and other current assets and $5.9 million and $5.7 million was recorded within other assets on the Company's Condensed Consolidated Balance Sheets as of May 1, 2021 and January 30, 2021, respectively. The CCA implementation costs are recorded within operating activities in the Company's Condensed Consolidated Statements of Cash Flows.

Acquisition of Pura Vida

Acquisition of Pura Vida	3 Months Ended
	May 01, 2021
Business Combination and Asset Acquisition [Abstract]
Acquisition of Pura Vida	Acquisition of Pura Vida On July 16, 2019, the Company completed its acquisition of a seventy-five percent (75%) ownership interest in Creative Genius, Inc. or “Pura Vida” (the “Transaction”) in exchange for total cash consideration of approximately $75.0 million. The Company received a working capital reimbursement of $1.0 million during the first quarter of fiscal 2021. In accordance with the Interest Purchase Agreement, the Company also agreed to a contingent payment of up to $22.5 million payable during the first quarter of calendar year 2020 based on calendar year 2019 adjusted EBITDA of Pura

Redeemable Noncontrolling Inter

Redeemable Noncontrolling Interest	3 Months Ended
	May 01, 2021
Temporary Equity Disclosure [Abstract]
Redeemable Noncontrolling Interest	Redeemable Noncontrolling Interest Redeemable noncontrolling interest represents the remaining twenty-five percent (25%) interest in Pura Vida not acquired by the Company. Refer to Notes 1 and 4 herein for additional information. Changes in redeemable noncontrolling interest for the thirteen weeks ended May 1, 2021, were as follows (in thousands): Balance at January 30, 2021 $ 29,809 Net income attributable to redeemable noncontrolling interest 627 Distributions to redeemable noncontrolling interest (129) Balance at May 1, 2021 $ 30,307 Changes in redeemable noncontrolling interest for the thirteen weeks ended May 2, 2020, were as follows (in thousands): Balance at February 1, 2020 $ 30,049 Net loss attributable to redeemable noncontrolling interest (200) Distributions to redeemable noncontrolling interest (296) Adjustment to redemption value 9,305 Balance at May 2, 2020 $ 38,858

Intangible Assets and Goodwill

Intangible Assets and Goodwill	3 Months Ended
	May 01, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets and Goodwill	Intangible Assets and Goodwill The following tables detail the carrying value of the Company's intangible assets other than goodwill related to the acquisition of a majority interest in Pura Vida. May 1, 2021 in thousands Gross Basis Accumulated Amortization (1) Carrying Amount Definite-lived intangible assets Customer Relationships $ 24,208 $ (14,855) $ 9,353 Non-competition Agreements 788 (282) 506 Total definite-lived intangible assets 24,996 (15,137) 9,859 Indefinite-lived intangible asset Pura Vida Brand 36,668 — 36,668 Total intangible assets, excluding goodwill $ 61,664 $ (15,137) $ 46,527 (1) Amortization expense is recorded within the Pura Vida segment. January 30, 2021 in thousands Gross Basis Accumulated Amortization (1) Carrying Amount Definite-lived intangible assets Customer Relationships $ 24,208 $ (14,125) $ 10,083 Non-competition Agreements 788 (243) 545 Total definite-lived intangible assets 24,996 (14,368) 10,628 Indefinite-lived intangible asset Pura Vida Brand 36,668 — 36,668 Total intangible assets, excluding goodwill $ 61,664 $ (14,368) $ 47,296 (1) Amortization expense is recorded within the Pura Vida segment. The amortization expense for intangible assets is as follows (in thousands): Amortization Expense Fiscal 2022 (remaining nine months) $ 2,304 Fiscal 2023 3,073 Fiscal 2024 3,073 Fiscal 2025 1,409 Total $ 9,859 The total amount of the goodwill as of May 1, 2021 and January 30, 2021, of $44.3 million was recorded within the Pura Vida segment upon acquisition. Goodwill is deductible for tax purposes, limited to the Company's 75% majority ownership interest. There were no changes to goodwill for the thirteen weeks ended May 1, 2021 and May 2, 2020. Future imp acts of COVID-19, including but not limited to the duration and magnitude of the pandemic, may have an impact on the triggering event assessment or future fair value estimate of goodwill, brand intangible asset, and definite-lived intangible assets, which could lead to material impairment charges. Refer to Note 5 herein for additional information regarding the fair value measurement.

Segment Reporting

Segment Reporting	3 Months Ended
	May 01, 2021
Segment Reporting [Abstract]
Segment Reporting	Segment Reporting The Company has three operating segments, which are also its reportable segments: Vera Bradley Direct (“VB Direct”), Vera Bradley Indirect (“VB Indirect”), and Pura Vida. These operating segments are components of the Company for which separate financial information is available and for which operating results are evaluated on a regular basis by the chief operating decision maker in deciding how to allocate resources and in assessing the performance of the segments. The VB Direct segment includes Vera Bradley full-line and factory outlet stores; the Vera Bradley website, verabradley.com; the Vera Bradley online outlet site; and typically the Vera Bradley annual outlet sale. Revenues generated from this segment are driven through the sale of Vera Bradley-branded products from Vera Bradley to end consumers. The VB Indirect segment represents revenues generated through the distribution of Vera Bradley-branded products to specialty retailers representing approximately 2,000 locations, substantially all of which are located in the United States; key accounts, which include department stores, national accounts, third-party e-commerce sites, and third-party inventory liquidators; and royalties recognized through licensing agreements related to the Vera Bradley brand. The Pura Vida segment represents revenues generated through the Pura Vida websites, www.puravidabracelets.com, www.puravidabracelets.eu, and www.puravidabracelets.ca, and through the distribution of Pura Vida-branded products to wholesale retailers, substantially all of which are located in the United States. Corporate costs represent the Company’s administrative expenses, which include, but are not limited to: human resources, legal, finance, information technology, design, product development, merchandising, corporate-level marketing and advertising, and various other corporate-level-activity-related expenses not directly attributable to a reportable segment. All intercompany-related activities are eliminated in consolidation and are excluded from the segment reporting. Company management evaluates segment operating results based on several indicators. The primary or key performance indicators for each segment are net revenues and operating income. Net revenues and operating income information for the Company’s reportable segments during the thirteen weeks ended May 1, 2021 and May 2, 2020, respectively, consisted of the following (in thousands): Thirteen Weeks Ended May 1, May 2, Segment net revenues: VB Direct $ 66,732 $ 36,837 VB Indirect 15,264 11,229 Pura Vida 27,098 21,218 Total $ 109,094 $ 69,284 Segment operating income (loss): VB Direct $ 10,860 $ (10,965) VB Indirect 4,461 2,756 Pura Vida 2,508 (801) Total $ 17,829 $ (9,010) Reconciliation: Segment operating income (loss) $ 17,829 $ (9,010) Less: Unallocated corporate expenses (19,788) (16,564) Operating loss $ (1,959) $ (25,574)

Description of the Company an_2

Description of the Company and Basis of Presentation (Policies)	3 Months Ended
	May 01, 2021
Accounting Policies [Abstract]
Basis of Accounting	The accompanying unaudited consolidated financial statements have been prepared in accordance with the rules and regulations of the Securities and Exchange Commission (“SEC”). Accordingly, certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) have been condensed or omitted as permitted by such rules and regulations. These interim condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes included in the Company’s Annual Report on Form 10-K for the fiscal year ended January 30, 2021, filed with the SEC.
Principles of Consolidation	Principles of Consolidation The condensed consolidated financial statements include the accounts of the Company, its wholly owned subsidiaries, and its majority owned subsidiary, Pura Vida. The Company has eliminated intercompany balances and transactions in consolidation.
Fiscal Periods	Fiscal Periods The Company’s fiscal year ends on the Saturday closest to January 31. References to the fiscal quarters ended May 1, 2021 and May 2, 2020 refer to the thirteen-week periods ended on those dates.
Recently Issued Accounting Pronouncements	Recently Adopted Accounting Pronouncements In December 2019, the FASB issued ASU 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes . The amendments in this update remove certain exceptions to the general principals in Topic 740, as well as simplify GAAP for certain areas and improve consistency within the topic. This guidance is effective for interim and annual periods beginning on or after December 15, 2020 (fiscal 2022). Early adoption is permitted, with all amendments required to be adopted in the same period. The adoption of this standard in the first quarter of fiscal 2022 did not have a material impact on the Company's consolidated financial statements.

Revenue from Contracts with C_2

Revenue from Contracts with Customers (Tables)	3 Months Ended
	May 01, 2021
Revenue from Contract with Customer [Abstract]
Schedule of Disaggregation of Revenue	The following presents the Company's net revenues disaggregated by product category for the thirteen weeks ended May 1, 2021 and May 2, 2020 (in thousands): Thirteen Weeks Ended May 1, 2021 VB Direct Segment VB Indirect Segment Pura Vida Segment Total Product categories Bags $ 26,438 $ 8,050 $ — $ 34,488 Travel 15,179 2,567 — 17,746 Accessories 11,861 2,227 25,511 39,599 Home 6,538 737 — 7,275 Apparel/Footwear (6) 5,361 671 628 6,660 Other 1,355 (1) 1,012 (2) 959 (3) 3,326 Total net revenues $ 66,732 (4) $ 15,264 (5) $ 27,098 (4) $ 109,094 (1) Primarily includes net revenues from freight, stationery, and gift card breakage. (2) Primarily includes net revenues from licensing agreements and freight. (3) Related to freight. (4) Net revenues were related to product sales recognized at a point in time. (5) $14.5 million of net revenues related to product sales recognized at a point in time and $0.8 million of net revenues related to sales-based royalties recognized over time. (6) Includes mask sales. Thirteen Weeks Ended May 2, 2020 VB Direct Segment VB Indirect Segment Pura Vida Segment Total Product categories Bags $ 16,491 $ 4,600 $ — $ 21,091 Travel 9,441 2,397 — 11,838 Accessories 7,247 1,322 20,539 29,108 Home 2,349 231 — 2,580 Apparel/Footwear (6) 822 1,900 — 2,722 Other 487 (1) 779 (2) 679 (3) 1,945 Total net revenues $ 36,837 (4) $ 11,229 (5) $ 21,218 (4) $ 69,284 (1) Primarily includes net revenues from stationery, freight, and gift card breakage. (2) Primarily includes net revenues from licensing agreements, freight, and merchandising. (3) Related to freight. (4) Net revenues were related to product sales recognized at a point in time. (5) $10.6 million of net revenues related to product sales recognized at a point in time and $0.6 million of net revenues related to sales-based royalties recognized over time. (6) Includes mask sales.

Leases (Tables)

Leases (Tables)	3 Months Ended
	May 01, 2021
Leases [Abstract]
Schedule of Lease, Cost	The following lease expense is recorded within cost of sales for the Asia sourcing office and certain equipment leases and within selling, general, and administrative expenses for all other leases, including retail store leases, in the Company's Condensed Consolidated Statement of Operations for the thirteen weeks ended May 1, 2021 and May 2, 2020 (in thousands): Thirteen Weeks Ended May 1, 2021 May 2, 2020 Operating lease cost $ 5,870 $ 7,234 Variable lease cost 1,482 818 Short-term lease cost 193 69 Total lease cost $ 7,545 $ 8,121
Supplemental operating cash flow information	Supplemental operating cash flow information was as follows (in thousands): Thirteen Weeks Ended May 1, 2021 May 2, 2020 Cash paid for amounts included in the measurement of operating lease liabilities (1) $ 11,055 $ 2,794 Right-of-use assets increase as a result of new and modified operating lease liabilities, net $ 2,403 $ 87 (1) 2.5 million of lease liabilities were recorded within accounts payable on the Company's Consolidated Balance Sheets as of January 30, 2021, and were paid in the first quarter of fiscal 2022.

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	May 01, 2021
Earnings Per Share [Abstract]
Components of Basic and Diluted Net Income Per Share	The components of basic and diluted earnings per share were as follows (in thousands, except per share data): Thirteen Weeks Ended May 1, May 2, Numerator: Net loss $ (1,518) $ (15,537) Less: Net income (loss) attributable to redeemable noncontrolling interest 627 (200) Net loss attributable to Vera Bradley, Inc. (2,145) (15,337) Plus: Excess portion of redeemable noncontrolling interest redemption value adjustment — (6,800) Net loss available to Vera Bradley, Inc. common shareholders $ (2,145) $ (22,137) Denominator: Weighted-average number of common shares (basic) 33,590 33,330 Dilutive effect of stock-based awards — — Weighted-average number of common shares (diluted) 33,590 33,330 Net loss per share available to Vera Bradley, Inc. common shareholders: Basic $ (0.06) $ (0.66) Diluted $ (0.06) $ (0.66)

Fair Value of Financial Instr_2

Fair Value of Financial Instruments Fair Value Disclosures (Tables)	3 Months Ended
	May 01, 2021
Fair Value Disclosures [Abstract]
Fair Value Measurements of Investments	The following table details the fair value measurements of the Company's investments as of May 1, 2021 and January 30, 2021 (in thousands): Level 1 Level 2 Level 3 May 1, 2021 January 30, 2021 May 1, 2021 January 30, 2021 May 1, 2021 January 30, 2021 Cash equivalents (1) $ 1,566 $ 1,565 $ — $ — $ — $ — Short-term investments: U.S. corporate debt securities — — 626 627 — — Non-U.S. corporate debt securities — — 667 668 — — (1) Cash equivalents represent a money market fund that has a maturity of three months or less at the date of purchase. Due to the short maturity, the Company believes the carrying value approximates fair value.

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	3 Months Ended
	May 01, 2021
Share-based Payment Arrangement [Abstract]
Summary of Restricted-Stock Awards and Restricted-Stock Units	The following table sets forth a summary of restricted stock unit activity for the thirteen weeks ended May 1, 2021 (units in thousands): Time-based Performance-based Number of Weighted- Number of Weighted- Nonvested units outstanding at January 30, 2021 1,049 $ 5.73 896 $ 8.34 Granted 357 10.24 282 10.24 Vested (519) 5.74 (267) 10.61 Forfeited (1) 7.28 — — Nonvested units outstanding at May 1, 2021 886 $ 7.53 911 $ 8.26

Redeemable Noncontrolling Int_2

Redeemable Noncontrolling Interest (Tables)	3 Months Ended
	May 01, 2021
Temporary Equity Disclosure [Abstract]
Schedule of changes in redeemable noncontrolling interest	Changes in redeemable noncontrolling interest for the thirteen weeks ended May 1, 2021, were as follows (in thousands): Balance at January 30, 2021 $ 29,809 Net income attributable to redeemable noncontrolling interest 627 Distributions to redeemable noncontrolling interest (129) Balance at May 1, 2021 $ 30,307 Changes in redeemable noncontrolling interest for the thirteen weeks ended May 2, 2020, were as follows (in thousands): Balance at February 1, 2020 $ 30,049 Net loss attributable to redeemable noncontrolling interest (200) Distributions to redeemable noncontrolling interest (296) Adjustment to redemption value 9,305 Balance at May 2, 2020 $ 38,858

Intangible Assets and Goodwill

Intangible Assets and Goodwill (Tables)	3 Months Ended
	May 01, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Finite-Lived Intangible Assets	The following tables detail the carrying value of the Company's intangible assets other than goodwill related to the acquisition of a majority interest in Pura Vida. May 1, 2021 in thousands Gross Basis Accumulated Amortization (1) Carrying Amount Definite-lived intangible assets Customer Relationships $ 24,208 $ (14,855) $ 9,353 Non-competition Agreements 788 (282) 506 Total definite-lived intangible assets 24,996 (15,137) 9,859 Indefinite-lived intangible asset Pura Vida Brand 36,668 — 36,668 Total intangible assets, excluding goodwill $ 61,664 $ (15,137) $ 46,527 (1) Amortization expense is recorded within the Pura Vida segment. January 30, 2021 in thousands Gross Basis Accumulated Amortization (1) Carrying Amount Definite-lived intangible assets Customer Relationships $ 24,208 $ (14,125) $ 10,083 Non-competition Agreements 788 (243) 545 Total definite-lived intangible assets 24,996 (14,368) 10,628 Indefinite-lived intangible asset Pura Vida Brand 36,668 — 36,668 Total intangible assets, excluding goodwill $ 61,664 $ (14,368) $ 47,296 (1) Amortization expense is recorded within the Pura Vida segment.
Schedule of Indefinite-Lived Intangible Assets	The following tables detail the carrying value of the Company's intangible assets other than goodwill related to the acquisition of a majority interest in Pura Vida. May 1, 2021 in thousands Gross Basis Accumulated Amortization (1) Carrying Amount Definite-lived intangible assets Customer Relationships $ 24,208 $ (14,855) $ 9,353 Non-competition Agreements 788 (282) 506 Total definite-lived intangible assets 24,996 (15,137) 9,859 Indefinite-lived intangible asset Pura Vida Brand 36,668 — 36,668 Total intangible assets, excluding goodwill $ 61,664 $ (15,137) $ 46,527 (1) Amortization expense is recorded within the Pura Vida segment. January 30, 2021 in thousands Gross Basis Accumulated Amortization (1) Carrying Amount Definite-lived intangible assets Customer Relationships $ 24,208 $ (14,125) $ 10,083 Non-competition Agreements 788 (243) 545 Total definite-lived intangible assets 24,996 (14,368) 10,628 Indefinite-lived intangible asset Pura Vida Brand 36,668 — 36,668 Total intangible assets, excluding goodwill $ 61,664 $ (14,368) $ 47,296 (1) Amortization expense is recorded within the Pura Vida segment.
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense	The amortization expense for intangible assets is as follows (in thousands): Amortization Expense Fiscal 2022 (remaining nine months) $ 2,304 Fiscal 2023 3,073 Fiscal 2024 3,073 Fiscal 2025 1,409 Total $ 9,859

Segment Reporting (Tables)

Segment Reporting (Tables)	3 Months Ended
	May 01, 2021
Segment Reporting [Abstract]
Schedule of Net Revenues and Operating Income Information for Reportable Segments	Net revenues and operating income information for the Company’s reportable segments during the thirteen weeks ended May 1, 2021 and May 2, 2020, respectively, consisted of the following (in thousands): Thirteen Weeks Ended May 1, May 2, Segment net revenues: VB Direct $ 66,732 $ 36,837 VB Indirect 15,264 11,229 Pura Vida 27,098 21,218 Total $ 109,094 $ 69,284 Segment operating income (loss): VB Direct $ 10,860 $ (10,965) VB Indirect 4,461 2,756 Pura Vida 2,508 (801) Total $ 17,829 $ (9,010) Reconciliation: Segment operating income (loss) $ 17,829 $ (9,010) Less: Unallocated corporate expenses (19,788) (16,564) Operating loss $ (1,959) $ (25,574)

Description of the Company an_3

Description of the Company and Basis of Presentation - Additional Information (Detail) $ in Thousands	3 Months Ended
	May 01, 2021USD ($)SegmentlocationStore	May 02, 2020USD ($)	Jul. 16, 2019	Sep. 07, 2018USD ($)
Lessee, Lease, Description [Line Items]
Number of reportable segments | Segment	3
Number of full-line stores | Store	73
Number of factory outlet stores | Store	70
Number of specialty retail locations | location	2,000
Borrowings under asset-based revolving credit agreement | $	$ 0	$ 60,000
Revolving Credit Facility [Member] | New Credit Agreement [Member] | Subsidiaries [Member]
Lessee, Lease, Description [Line Items]
Maximum borrowing capacity | $				$ 75,000
Pura Vida
Lessee, Lease, Description [Line Items]
Percentage of business acquired			75.00%

Revenue from Contracts with C_3

Revenue from Contracts with Customers Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended
	May 01, 2021	May 02, 2020
Disaggregation of Revenue [Line Items]
Total net revenues	$ 109,094	$ 69,284
VB Direct Segment
Disaggregation of Revenue [Line Items]
Total net revenues	66,732	36,837
VB Indirect Segment
Disaggregation of Revenue [Line Items]
Total net revenues	15,264	11,229
Pura Vida Segment
Disaggregation of Revenue [Line Items]
Total net revenues	27,098	21,218
Bags
Disaggregation of Revenue [Line Items]
Total net revenues	34,488	21,091
Bags | VB Direct Segment
Disaggregation of Revenue [Line Items]
Total net revenues	26,438	16,491
Bags | VB Indirect Segment
Disaggregation of Revenue [Line Items]
Total net revenues	8,050	4,600
Bags | Pura Vida Segment
Disaggregation of Revenue [Line Items]
Total net revenues	0	0
Apparel/Footwear
Disaggregation of Revenue [Line Items]
Total net revenues	6,660	2,722
Apparel/Footwear | VB Direct Segment
Disaggregation of Revenue [Line Items]
Total net revenues	5,361	822
Apparel/Footwear | VB Indirect Segment
Disaggregation of Revenue [Line Items]
Total net revenues	671	1,900
Apparel/Footwear | Pura Vida Segment
Disaggregation of Revenue [Line Items]
Total net revenues	628	0
Travel
Disaggregation of Revenue [Line Items]
Total net revenues	17,746	11,838
Travel | VB Direct Segment
Disaggregation of Revenue [Line Items]
Total net revenues	15,179	9,441
Travel | VB Indirect Segment
Disaggregation of Revenue [Line Items]
Total net revenues	2,567	2,397
Travel | Pura Vida Segment
Disaggregation of Revenue [Line Items]
Total net revenues	0	0
Accessories
Disaggregation of Revenue [Line Items]
Total net revenues	39,599	29,108
Accessories | VB Direct Segment
Disaggregation of Revenue [Line Items]
Total net revenues	11,861	7,247
Accessories | VB Indirect Segment
Disaggregation of Revenue [Line Items]
Total net revenues	2,227	1,322
Accessories | Pura Vida Segment
Disaggregation of Revenue [Line Items]
Total net revenues	25,511	20,539
Home
Disaggregation of Revenue [Line Items]
Total net revenues	7,275	2,580
Home | VB Direct Segment
Disaggregation of Revenue [Line Items]
Total net revenues	6,538	2,349
Home | VB Indirect Segment
Disaggregation of Revenue [Line Items]
Total net revenues	737	231
Home | Pura Vida Segment
Disaggregation of Revenue [Line Items]
Total net revenues	0	0
Other
Disaggregation of Revenue [Line Items]
Total net revenues	3,326	1,945
Other | VB Direct Segment
Disaggregation of Revenue [Line Items]
Total net revenues	1,355	487
Other | VB Indirect Segment
Disaggregation of Revenue [Line Items]
Total net revenues	1,012	779
Other | Pura Vida Segment
Disaggregation of Revenue [Line Items]
Total net revenues	959	679
Transferred At Point In Time | VB Indirect Segment
Disaggregation of Revenue [Line Items]
Total net revenues	14,500	10,600
Transferred Over Time | VB Indirect Segment
Disaggregation of Revenue [Line Items]
Total net revenues	$ 800	$ 600

Revenue from Contracts with C_4

Revenue from Contracts with Customers (Details) - USD ($) $ in Millions	May 01, 2021	Jan. 30, 2021
Revenue from Contract with Customer [Abstract]
Unearned revenue, current	$ 3.4	$ 4.1
Accounts receivable from contracts with customers, net of allowances	21.1	26
Provision for doubtful accounts	$ 1	$ 1.1

Leases - Narrative (Details)

Leases - Narrative (Details) - USD ($) $ in Millions	May 01, 2021	May 02, 2020
Lessee, Lease, Description [Line Items]
Weighted-average discount rate	4.80%	4.90%
Operating Lease, lease not yet commenced	$ 3.6
Weighted-average remaining lease term	5 years 4 months 24 days	5 years 9 months 18 days
Maximum [Member]
Lessee, Lease, Description [Line Items]
Lease not yet commenced, term of contract	10 years

Leases - Total lease cost (Deta

Leases - Total lease cost (Details) - USD ($) $ in Thousands	3 Months Ended
	May 01, 2021	May 02, 2020
Leases [Abstract]
Operating lease cost	$ 5,870	$ 7,234
Variable lease cost	1,482	818
Short-term lease cost	193	69
Total lease cost	$ 7,545	$ 8,121

Leases - Cash Flow Information

Leases - Cash Flow Information (Details) - USD ($) $ in Thousands	3 Months Ended
	May 01, 2021	May 02, 2020
Lessee, Lease, Description [Line Items]
Cash paid for amounts included in the measurement of operating lease liabilities	$ 11,055	$ 2,794
Right-of-use assets increase as a result of new and modified operating lease liabilities, net	2,403	$ 87
Accounts Payable
Lessee, Lease, Description [Line Items]
Cash paid for amounts included in the measurement of operating lease liabilities	$ 2,500

Earnings Per Share - Narrative

Earnings Per Share - Narrative (Details)	Jul. 16, 2019
Pura Vida
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Ownership percentage by noncontrolling owners	25.00%

Earnings Per Share - Components

Earnings Per Share - Components of Basic and Diluted Net Income Per Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	May 01, 2021	May 02, 2020
Numerator:
Net income (loss)	$ (1,518)	$ (15,537)
Less: Net income (loss) attributable to redeemable noncontrolling interest	627	(200)
Net loss attributable to Vera Bradley, Inc.	(2,145)	(15,337)
Excess portion of redeemable noncontrolling interest redemption value adjustment	0	(6,800)
Net loss available to Vera Bradley, Inc. common shareholders	$ (2,145)	$ (22,137)
Denominator:
Weighted-average number of common shares (basic)	33,590	33,330
Dilutive effect of stock-based awards	0	0
Weighted-average number of common shares (diluted)	33,590	33,330
Net loss per share available to Vera Bradley, Inc. common shareholders:
Basic (in dollars per share)	$ (0.06)	$ (0.66)
Diluted (in dollars per share)	$ (0.06)	$ (0.66)

Fair Value of Financial Instr_3

Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	May 01, 2021	Jan. 30, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term investments	$ 1,293	$ 1,295
Level 1 | Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	1,566	1,565
Level 2 | Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	0	0
Level 3 | Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	0	0
U.S. corporate debt securities | Level 1 | Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term investments	0	0
U.S. corporate debt securities | Level 2 | Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term investments	626	627
U.S. corporate debt securities | Level 3 | Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term investments	0	0
Non-U.S. corporate debt securities | Level 1 | Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term investments	0	0
Non-U.S. corporate debt securities | Level 2 | Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term investments	667	668
Non-U.S. corporate debt securities | Level 3 | Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term investments	$ 0	$ 0

Fair Value of Financial Instr_4

Fair Value of Financial Instruments - Narrative (Details) - USD ($) $ in Millions	3 Months Ended
	May 01, 2021	May 02, 2020
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impairment of intangible assets, finite-lived	$ 0	$ 3.8

Debt - Additional Information (

Debt - Additional Information (Detail) - USD ($) $ in Millions	Sep. 07, 2018	May 01, 2021	Jan. 30, 2021
Debt Instrument [Line Items]
Long-term line of credit		$ 0	$ 0
Subsidiaries [Member] | Revolving Credit Facility [Member] | New Credit Agreement [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 75
Increase (decrease) in aggregate credit facility principal amount	$ 25
Unused capacity, commitment fee percentage	0.20%
Debt instrument, fixed charge coverage ratio	1
Available borrowings	$ 7.5	$ 75	$ 75
Subsidiaries [Member] | Revolving Credit Facility [Member] | New Credit Agreement [Member] | Base Rate [Member]
Debt Instrument [Line Items]
Basis spread on variable rate	10.00%
Subsidiaries [Member] | Minimum [Member] | Revolving Credit Facility [Member] | New Credit Agreement [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument [Line Items]
Basis spread on variable rate	(1.00%)
Subsidiaries [Member] | Minimum [Member] | Revolving Credit Facility [Member] | New Credit Agreement [Member] | Adjusted London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument [Line Items]
Basis spread on variable rate	1.00%
Subsidiaries [Member] | Maximum [Member] | Revolving Credit Facility [Member] | New Credit Agreement [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument [Line Items]
Basis spread on variable rate	(1.50%)
Subsidiaries [Member] | Maximum [Member] | Revolving Credit Facility [Member] | New Credit Agreement [Member] | Adjusted London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument [Line Items]
Basis spread on variable rate	1.30%

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail)	3 Months Ended
	May 01, 2021	May 02, 2020
Income Tax Disclosure [Abstract]
Effective income tax rate	25.90%	39.40%

Stock-Based Compensation - Addi

Stock-Based Compensation - Additional Information (Detail) $ in Millions	3 Months Ended
	May 01, 2021USD ($)shares	May 02, 2020USD ($)shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock unit vesting and settlement ratio to common shares	1
Restricted-Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total unrecognized compensation cost, net of estimated forfeitures, related to nonvested restricted stock units | $	$ 10.1
Total unrecognized compensation cost, net of estimated forfeitures, related to nonvested restricted stock units, weighted-average period of recognition	2 years
Time-based Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted-stock awards/units granted in period	357,000
Performance-based Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted-stock awards/units granted in period	282,000
Restricted stock units vesting period, years	3 years
2010 Equity and Incentive Plan [Member] | Restricted-Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted-stock awards/units granted in period		1,412,024
Restricted-stock awards/units with an aggregate grant-date fair value | $		$ 5.8
2020 Equity And Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Issuance of common stock shares	3,000,000
2020 Equity And Incentive Plan [Member] | Restricted-Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted-stock awards/units granted in period	640,007	0
Restricted-stock awards/units with an aggregate grant-date fair value | $	$ 6.6
Non-Employee Director [Member] | Restricted-Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock units vesting period, years	1 year

Stock-Based Compensation - Summ

Stock-Based Compensation - Summary of Restricted-Stock Awards and Restricted-Stock Units (Detail) shares in Thousands	3 Months Ended
	May 01, 2021$ / sharesshares
Time-based Restricted Stock Units [Member]
Number of Units
Nonvested units outstanding, beginning balance | shares	1,049
Granted, Number of Units | shares	357
Vested, Number of Units | shares	(519)
Forfeited, Number of Units | shares	(1)
Nonvested units outstanding, ending balance | shares	886
Weighted- Average Grant Date Fair Value (per unit)
Weighted-Average Grant Date Fair Value (per unit), beginning balance | $ / shares	$ 5.73
Granted, Weighted-Average Grant Date Fair Value (per unit) | $ / shares	10.24
Vested, Weighted-Average Grant Date Fair Value (per unit) | $ / shares	5.74
Forfeited, Weighted-Average Grant Date Fair Value (per unit) | $ / shares	7.28
Weighted-Average Grant Date Fair Value (per unit), ending balance | $ / shares	$ 7.53
Performance-based Restricted Stock Units [Member]
Number of Units
Nonvested units outstanding, beginning balance | shares	896
Granted, Number of Units | shares	282
Vested, Number of Units | shares	(267)
Forfeited, Number of Units | shares	0
Nonvested units outstanding, ending balance | shares	911
Weighted- Average Grant Date Fair Value (per unit)
Weighted-Average Grant Date Fair Value (per unit), beginning balance | $ / shares	$ 8.34
Granted, Weighted-Average Grant Date Fair Value (per unit) | $ / shares	10.24
Vested, Weighted-Average Grant Date Fair Value (per unit) | $ / shares	10.61
Forfeited, Weighted-Average Grant Date Fair Value (per unit) | $ / shares	0
Weighted-Average Grant Date Fair Value (per unit), ending balance | $ / shares	$ 8.26

Commitments and Contingencies -

Commitments and Contingencies - Narrative (Details) $ in Millions	3 Months Ended
	May 01, 2021USD ($)
Pending Litigation
Loss Contingencies [Line Items]
Loss contingency, damages sought, value	$ 10

Common Stock (Details)

Common Stock (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	May 01, 2021	May 02, 2020	Jan. 30, 2021	Nov. 29, 2018
Equity, Class of Treasury Stock [Line Items]
Average price per share of shares acquired (in dollars per share)	$ 12.76
Treasury stock, value, acquired, cost method		$ 2,901
Number of shares held in treasury	8,393,207
Value of treasury stock	$ 107,060		$ 107,060
2018 Share Repurchase Program [Member]
Equity, Class of Treasury Stock [Line Items]
Authorized amount under share repurchase program				$ 50,000
Treasury stock, shares, acquired (in shares)	0
Remaining authorized repurchase amount	$ 32,900

Cloud Computing Arrangements (D

Cloud Computing Arrangements (Details) - USD ($) $ in Millions	May 01, 2021	Jan. 30, 2021
Schedule of Capitalization [Line Items]
Capitalized software development costs	$ 8.4	$ 8.1
Prepaid Expenses and Other Current Assets
Schedule of Capitalization [Line Items]
Capitalized software development costs	2.5	2.4
Other Assets
Schedule of Capitalization [Line Items]
Capitalized software development costs	$ 5.9	$ 5.7

Acquisition of Pura Vida - Narr

Acquisition of Pura Vida - Narrative (Details) - USD ($) $ in Thousands	Jul. 16, 2019	May 01, 2021	May 02, 2020
Business Acquisition [Line Items]
Payment of contingent consideration for business acquisition		$ 0	$ 18,677
Pura Vida
Business Acquisition [Line Items]
Percentage of business acquired	75.00%
Purchase price of business combinations	$ 75,000
Working capital reimbursement			1,000
Contingent consideration arrangements, range of outcomes, value, high		$ 22,500
Payment of contingent consideration for business acquisition			$ 18,700
Pura Vida
Business Acquisition [Line Items]
Ownership percentage by noncontrolling owners	25.00%

Redeemable Noncontrolling Int_3

Redeemable Noncontrolling Interest (Details) - USD ($) $ in Thousands	3 Months Ended
	May 01, 2021	May 02, 2020	Jul. 16, 2019
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Redeemable noncontrolling interest, beginning balance	$ 29,809	$ 30,049
Net loss attributable to redeemable noncontrolling interest	627	(200)
Distributions to redeemable noncontrolling interest	(129)	(296)
Adjustment to redemption value		9,305
Redeemable noncontrolling interest, ending balance	$ 30,307	$ 38,858
Pura Vida
Noncontrolling Interest [Line Items]
Ownership percentage by noncontrolling owners			25.00%

Intangible Assets and Goodwil_2

Intangible Assets and Goodwill (Details) - USD ($) $ in Thousands	3 Months Ended
	May 01, 2021	Jan. 30, 2021	Jul. 16, 2019
Finite-Lived Intangible Assets [Line Items]
Goodwill	$ 44,254	$ 44,254
Increase (decrease) in goodwill	0
Pura Vida Segment
Finite-Lived Intangible Assets [Line Items]
Goodwill	$ 44,300
Pura Vida
Finite-Lived Intangible Assets [Line Items]
Percentage of business acquired			75.00%

Intangible Assets and Goodwil_3

Intangible Assets and Goodwill - Carrying value of the Company's intangible assets other than goodwill (Details) - USD ($) $ in Thousands	May 01, 2021	Jan. 30, 2021
Finite-Lived Intangible Assets [Line Items]
Gross Basis	$ 24,996	$ 24,996
Accumulated Amortization	(15,137)	(14,368)
Carrying Amount	9,859	10,628
Indefinite-lived Intangible Assets (Excluding Goodwill) [Abstract]
Indefinite-lived intangible asset	36,668	36,668
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Gross Basis	61,664	61,664
Accumulated Amortization	(15,137)	(14,368)
Carrying Amount	46,527	47,296
Customer Relationships
Finite-Lived Intangible Assets [Line Items]
Gross Basis	24,208	24,208
Accumulated Amortization	(14,855)	(14,125)
Carrying Amount	9,353	10,083
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Accumulated Amortization	(14,855)	(14,125)
Non-competition Agreements
Finite-Lived Intangible Assets [Line Items]
Gross Basis	788	788
Accumulated Amortization	(282)	(243)
Carrying Amount	506	545
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Accumulated Amortization	$ (282)	$ (243)

Intangible Assets and Goodwil_4

Intangible Assets and Goodwill - Provisional amortization expense for intangible assets (Details) - USD ($) $ in Thousands	May 01, 2021	Jan. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Fiscal 2022 (remaining nine months)	$ 2,304
Fiscal 2023	3,073
Fiscal 2023	3,073
Fiscal 2024	1,409
Carrying Amount	$ 9,859	$ 10,628

Segment Reporting - Additional

Segment Reporting - Additional Information (Detail)	3 Months Ended
	May 01, 2021Segmentlocation
Segment Reporting [Abstract]
Number of operating segments | Segment	3
Number of specialty retail locations | location	2,000

Segment Reporting - Schedule of

Segment Reporting - Schedule of Net Revenues and Operating Income Information for Reportable Segments (Detail) - USD ($) $ in Thousands	3 Months Ended
	May 01, 2021	May 02, 2020
Segment Reporting Information [Line Items]
Net revenues	$ 109,094	$ 69,284
Segment operating income	17,829	(9,010)
Unallocated corporate expenses	(19,788)	(16,564)
Operating loss	(1,959)	(25,574)
VB Direct Segment
Segment Reporting Information [Line Items]
Net revenues	66,732	36,837
VB Indirect Segment
Segment Reporting Information [Line Items]
Net revenues	15,264	11,229
Pura Vida Segment
Segment Reporting Information [Line Items]
Net revenues	27,098	21,218
Operating Segments [Member] | VB Direct Segment
Segment Reporting Information [Line Items]
Net revenues	66,732	36,837
Segment operating income	10,860	(10,965)
Operating Segments [Member] | VB Indirect Segment
Segment Reporting Information [Line Items]
Net revenues	15,264	11,229
Segment operating income	4,461	2,756
Operating Segments [Member] | Pura Vida Segment
Segment Reporting Information [Line Items]
Net revenues	27,098	21,218
Segment operating income	$ 2,508	$ (801)

Uncategorized Items - vra-20210

Label	Element	Value
Capital Expenditures Incurred but Not yet Paid	us-gaap_CapitalExpendituresIncurredButNotYetPaid	$ 316,000
Capital Expenditures Incurred but Not yet Paid	us-gaap_CapitalExpendituresIncurredButNotYetPaid	565,000
Capital Expenditures Incurred but Not yet Paid	us-gaap_CapitalExpendituresIncurredButNotYetPaid	559,000
Capital Expenditures Incurred but Not yet Paid	us-gaap_CapitalExpendituresIncurredButNotYetPaid	343,000
Repurchase of Common Stock Incurred but Not yet Paid	vra_RepurchaseofCommonStockIncurredbutNotyetPaid	176,000
Repurchase of Common Stock Incurred but Not yet Paid	vra_RepurchaseofCommonStockIncurredbutNotyetPaid	0
Repurchase of Common Stock Incurred but Not yet Paid	vra_RepurchaseofCommonStockIncurredbutNotyetPaid	0
Repurchase of Common Stock Incurred but Not yet Paid	vra_RepurchaseofCommonStockIncurredbutNotyetPaid	$ 0