Tilly's (TLYS) 10-Q 6 Sep 16 2016 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jul. 30, 2016	Aug. 31, 2016
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jul. 30, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q2
Trading Symbol	TLYS
Entity Registrant Name	TILLY'S, INC.
Entity Central Index Key	1,524,025
Current Fiscal Year End Date	--01-28
Entity Filer Category	Accelerated Filer
Class A common stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		12,478,580
Common Stock (Class B)
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		16,069,097

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jul. 30, 2016	Jan. 30, 2016
Current assets:
Cash and cash equivalents	$ 56,466	$ 51,020
Marketable securities	39,926	49,932
Receivables	8,940	5,397
Merchandise inventories	76,820	51,357
Prepaid expenses and other current assets	15,022	12,968
Total current assets	197,174	170,674
Property and equipment, net	97,424	99,026
Other assets	1,367	1,051
Total assets	295,965	270,751
Current liabilities:
Accounts payable	41,408	16,022
Accrued expenses	22,319	18,901
Deferred revenue	6,340	8,174
Accrued compensation and benefits	6,755	5,751
Current portion of deferred rent	6,237	6,106
Current portion of capital lease obligation	885	858
Total current liabilities	83,944	55,812
Long-term portion of deferred rent	38,365	40,891
Long-term portion of capital lease obligation	386	835
Total long-term liabilities	38,751	41,726
Total liabilities	122,695	97,538
Commitments and contingencies (Note 5)
Stockholders’ equity:
Preferred stock, $0.001 par value; July 30, 2016 and January 30, 2016 - 10,000 shares authorized, no shares issued or outstanding	0	0
Additional paid-in capital	134,910	133,550
Retained earnings	38,301	39,613
Accumulated other comprehensive income	31	22
Total stockholders’ equity	173,270	173,213
Total liabilities and stockholders’ equity	295,965	270,751
Common stock (Class A)
Stockholders’ equity:
Common stock	12	12
Common stock (Class B)
Stockholders’ equity:
Common stock	$ 16	$ 16

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares shares in Thousands	Jul. 30, 2016	Jan. 30, 2016
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized (in shares)	10,000	10,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock (Class A)
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	100,000	100,000
Common stock, shares issued (in shares)	12,305	11,546
Common stock, shares outstanding (in shares)	12,305	11,546
Common stock (Class B)
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	35,000	35,000
Common stock, shares issued (in shares)	16,169	16,544
Common stock, shares outstanding (in shares)	16,169	16,544

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 30, 2016	Aug. 01, 2015	Jul. 30, 2016	Aug. 01, 2015
Net sales	$ 136,412	$ 130,023	$ 256,630	$ 250,213
Cost of goods sold (includes buying, distribution, and occupancy costs)	97,575	93,427	185,206	177,565
Gross profit	38,837	36,596	71,424	72,648
Selling, general and administrative expenses	36,605	35,492	73,159	69,415
Operating income (loss)	2,232	1,104	(1,735)	3,233
Other income, net	91	10	167	18
Income (Loss) before income taxes	2,323	1,114	(1,568)	3,251
Income tax expense (benefit)	890	554	(256)	1,409
Net income (loss)	$ 1,433	$ 560	$ (1,312)	$ 1,842
Weighted average basic shares outstanding (in shares)	28,462	28,333	28,443	28,253
Weighted average diluted shares outstanding (in shares)	28,466	28,426	28,443	28,403
Class A and Class B common stock
Basic earnings per share of Class A and Class B common stock (in dollars per share)	$ 0.05	$ 0.02	$ (0.05)	$ 0.07
Diluted earnings per share of Class A and Class B common stock (in dollars per share)	$ 0.05	$ 0.02	$ (0.05)	$ 0.06

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 30, 2016	Aug. 01, 2015	Jul. 30, 2016	Aug. 01, 2015
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ 1,433	$ 560	$ (1,312)	$ 1,842
Other comprehensive income (loss):
Net change in unrealized gain on available-for-sale securities, net of tax	19	(7)	9	(8)
Other comprehensive income (loss)	19	(7)	9	(8)
Comprehensive income (loss)	$ 1,452	$ 553	$ (1,303)	$ 1,834

Consolidated Statement of Stock

Consolidated Statement of Stockholders' Equity - 6 months ended Jul. 30, 2016 - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Income	Common Stock (Class A)	Common Stock (Class B)
Beginning balance (in shares) at Jan. 30, 2016						12,305	16,169
Beginning balance at Jan. 30, 2016	$ 173,213	$ 28	$ 133,550	$ 39,613	$ 22
Net income (loss)	(1,312)			(1,312)
Restricted stock (in shares)						74
Taxes paid in lieu of shares issued	(99)		(99)
Shares converted by founders (in shares)						100	(100)
Stock-based compensation expense	1,459		1,459
Change in unrealized gain on available-for-sale securities	9				9
Ending balance (in shares) at Jul. 30, 2016						12,479	16,069
Ending balance at Jul. 30, 2016	$ 173,270	$ 28	$ 134,910	$ 38,301	$ 31

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jul. 30, 2016	Aug. 01, 2015
Cash flows from operating activities
Net income (loss)	$ (1,312)	$ 1,842
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation and amortization	11,650	11,260
Stock-based compensation expense	1,459	2,301
Impairment of assets	1,523	367
(Gain) loss on disposal of assets	(16)	67
Gain on sales and maturities of marketable securities	(106)	(65)
Deferred income taxes	(226)	(147)
Excess tax benefit from stock-based compensation	0	(95)
Changes in operating assets and liabilities:
Receivables	(3,543)	(6,702)
Merchandise inventories	(25,463)	(28,416)
Prepaid expenses and other assets	(2,150)	(877)
Accounts payable	25,100	15,928
Accrued expenses	2,521	6,149
Accrued compensation and benefits	1,004	411
Deferred rent	(2,395)	353
Deferred revenue	(1,834)	(1,769)
Net cash provided by operating activities	6,212	607
Cash flows from investing activities
Purchase of property and equipment	(10,415)	(11,481)
Proceeds from sale of property and equipment	43	0
Purchases of marketable securities	(39,873)	(19,982)
Maturities of marketable securities	50,000	30,000
Net cash used in investing activities	(245)	(1,463)
Cash flows from financing activities
Proceeds from exercise of stock options	0	3,094
Payment of capital lease obligation	(422)	(397)
Taxes paid in lieu of shares issued for stock-based compensation	(99)	0
Excess tax benefit from stock-based compensation	0	95
Net cash (used in) provided by financing activities	(521)	2,792
Change in cash and cash equivalents	5,446	1,936
Cash and cash equivalents, beginning of period	51,020	49,789
Cash and cash equivalents, end of period	56,466	51,725
Supplemental disclosures of cash flow information
Interest paid	48	73
Income taxes paid	3,520	3,716
Supplemental disclosure of non-cash activities
Unpaid purchases of property and equipment	$ 3,000	$ 1,605

Description of the Company and

Description of the Company and Basis of Presentation	6 Months Ended
	Jul. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of the Company and Basis of Presentation	Description of the Company and Basis of Presentation Tillys is a leading destination specialty retailer of West Coast inspired casual apparel, footwear and accessories for young men, young women, boys and girls. Tillys is headquartered in Irvine, California and we operated 225 stores in 32 states as of July 30, 2016 . Our stores are located in malls, lifestyle centers, ‘power’ centers, community centers, outlet centers and street-front locations. Customers may also shop online, where we feature substantially similar assortment of products we carry in our brick-and-mortar stores, supplemented by additional online only styles. Our goal is to serve as a destination for the latest, most relevant merchandise and brands important to our customers. The Tillys concept began in 1982 when our co-founders, Hezy Shaked and Tilly Levine, opened their first store in Orange County, California. Since 1984 the business has been conducted through World of Jeans & Tops, a California corporation, or “WOJT”, which operates under the name “Tillys”. In May 2011, Tilly’s, Inc., a Delaware corporation, was formed solely for the purpose of reorganizing the corporate structure of WOJT in preparation for an initial public offering. On May 2, 2012, the shareholders of WOJT contributed all of their equity interests in WOJT to Tilly’s, Inc. in exchange for shares of Tilly’s, Inc. Class B common stock on a one-for-one basis. In addition, WOJT terminated its “S” Corporation status and became a “C” Corporation. These events are collectively referred to as the “Reorganization Transaction”. As a result of the Reorganization Transaction, WOJT became a wholly owned subsidiary of Tilly’s, Inc. As used in these Notes to Consolidated Financial Statements, except where the context otherwise requires or where otherwise indicated, the terms "the Company", "World of Jeans and Tops", "WOJT", "we", "our", "us" and "Tillys" refer to WOJT before the Reorganization Transaction (as defined above), and to Tilly's, Inc. and its subsidiary after the Reorganization Transaction. We have prepared the accompanying unaudited consolidated financial statements in accordance with accounting principles generally accepted in the United States of America ("GAAP"), for interim financial reporting. These consolidated financial statements have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (the "SEC"). Certain information and footnote disclosures normally included in financial statements prepared in accordance with GAAP have been omitted from this Quarterly Report on Form 10-Q as is permitted by SEC rules and regulations. In the opinion of management, the accompanying unaudited consolidated financial statements contain all normal and recurring adjustments necessary to present fairly the financial condition, results of operations and cash flows for the interim periods presented. The results of operations for the three and six months ended July 30, 2016 and August 1, 2015 are not necessarily indicative of results to be expected for the full fiscal year. These interim consolidated financial statements should be read in conjunction with the consolidated financial statements and notes included in our Annual Report on Form 10-K for the fiscal year ended January 30, 2016 . Fiscal Periods Our fiscal year ends on the Saturday closest to January 31. References to the fiscal quarters ended July 30, 2016 and August 1, 2015 refer to the three and six months ended as of those dates.

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Jul. 30, 2016
Accounting Policies [Abstract]
Summary of Significant Accounting Policies and New Accounting Standard	Summary of Significant Accounting Policies and New Accounting Standards Information regarding significant accounting policies is contained in Note 2, “Summary of Significant Accounting Policies”, of the consolidated financial statements in our Annual Report on Form 10-K for the fiscal year ended January 30, 2016 . 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. Significant management judgment is required in projecting ordinary income (loss) to estimate our annual effective tax rate. In the fourth quarter of fiscal year 2015, the Internal Revenue Service initiated an examination of our federal income tax return for the year ended January 31, 2015. The examination was completed without penalty to the Company in the first quarter of fiscal 2016. Our effective income tax rate for the three and six months ended July 30, 2016 was 38% and 16% , respectively, which includes the write-off of deferred tax assets for discrete items related to the settlement of restricted stock units and the expiration of stock options. Our effective income tax rate for the three and six months ended August 1, 2015 was 50% and 43% , respectively. New Accounting Standards In February 2016, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU"), No. 2016-02, Leases (ASC 842). The new standard requires lessees to apply a dual approach, classifying leases as either finance or operating leases based on the principle of whether or not the lease is effectively a financed purchase by the lessee. This classification will determine whether lease expense is recognized based on an effective interest method or on a straight-line basis over the term of the lease. A lessee is also required to record a right-of-use asset and a lease liability for all leases with a term of greater than 12 months regardless of their classification. Leases with a term of 12 months or less will be accounted for similar to existing guidance for operating leases. The standard is effective for us in the first quarter of fiscal 2019, with early adoption permitted. The new standard is expected to impact our consolidated financial statements as we conduct all of our retail sales and corporate operations in leased facilities. We are in the process of evaluating the impact of adopting the new standard on our consolidated financial statements. In March 2016, the FASB issued ASU No. 2016-09, Improvements to Employee Share-Based Payment Accounting, which simplifies the accounting and reporting for share-based compensation, including the accounting for income taxes, forfeitures, and statutory tax withholding requirements, as well as classification in the statement of cash flows. The standard is effective for us in the first quarter of fiscal 2017, with early adoption permitted. We are in the process of evaluating the impact of adopting the new standard on our consolidated financial statements.

Marketable Securities

Marketable Securities	6 Months Ended
	Jul. 30, 2016
Investments, Debt and Equity Securities [Abstract]
Marketable Securities	Marketable Securities Marketable securities are classified as available-for-sale and, as of July 30, 2016 and January 30, 2016 , consisted entirely of commercial paper, all of which was less than one year from maturity. The following table summarizes our investments in marketable securities at July 30, 2016 and January 30, 2016 (in thousands): July 30, 2016 Cost Gross Unrealized Holding Gains Gross Unrealized Holding Losses Fair Value Commercial paper $ 39,874 $ 52 $ — $ 39,926 January 30, 2016 Cost Gross Unrealized Holding Gains Gross Unrealized Holding Losses Fair Value Commercial paper $ 49,894 $ 38 $ — $ 49,932 We recognized gains on investments for commercial paper that matured during the three and six months ended July 30, 2016 and August 1, 2015. Upon recognition of the gains, we reclassified these amounts out of accumulated other comprehensive income and into “Other income, net” on the Consolidated Statements of Income (Loss). The following table summarizes our gains on investments for commercial paper (in thousands): Three Months Ended Six Months Ended July 30, August 1, July 30, August 1, Gains on investments $ 55 $ 34 $ 106 $ 65

Line of Credit

Line of Credit	6 Months Ended
	Jul. 30, 2016
Debt Disclosure [Abstract]
Line of Credit	Line of Credit Our amended and restated credit agreement with Wells Fargo Bank, N.A. ("Bank") provides for a $25.0 million revolving line of credit with a maturity date of May 31, 2017 . The interest rate charged on borrowings is selected at our discretion at the time of draw between the London Interbank Offered Rate, plus 1.00% , or at the Bank’s prime rate. The credit agreement is secured by substantially all of our assets. As a sub-feature under the credit agreement, the Bank may also issue stand-by and/or commercial letters of credit up to $15.0 million . We are required to maintain certain financial and non-financial covenants in accordance with the credit agreement. The financial covenants require certain levels of leverage and profitability, such as (i) an aggregate maximum net loss after taxes not to exceed $5.0 million (measured at the end of each fiscal quarter), with no more than one annual net loss after taxes for any fiscal year (in either case, excluding all charges for impairment of goodwill, other intangibles and store assets impairment on the balance sheet, in an aggregate amount of up to $2.0 million for the relevant period), and (ii) a maximum ratio of 2.00 to 1.00 for “balance sheet leverage”, defined as total liabilities divided by total tangible net worth. As of July 30, 2016 , we were in compliance with all of our covenants and had no outstanding borrowings under the revolving credit facility.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jul. 30, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies From time to time, we may become involved in lawsuits and other claims arising from our ordinary course of business. We have established loss provisions of approximately $2.2 million for matters in which losses are probable and can be reasonably estimated. For some matters, we are currently unable to predict the ultimate outcome, determine whether a liability has been incurred or make an estimate of the reasonably possible liability that could result from an unfavorable outcome because of the uncertainties related to the incurrence, amount and range of loss on any pending litigation or claim. Because of the unpredictable nature of these matters, we cannot provide any assurances regarding the outcome of any litigation or claim to which we are a party or that the ultimate outcome of any of the matters threatened or pending against us, including those disclosed below, will not have a material adverse effect on our financial condition, results of operations or cash flows. Kirstin Christiansen, Shellie Smith and Paul Haug, on behalf of themselves and all others similarly situated vs. World of Jeans & Tops, Superior Court of California, County of Sacramento, Case No. 34-2013-139010. On January 29, 2013, the plaintiffs in this matter filed a putative class action lawsuit against us alleging violations of California Civil Code Section 1747.08, which prohibits requesting or requiring personal identification information from a customer paying for goods with a credit card and recording such information, subject to exceptions. The complaint seeks certification of a class, unspecified damages, injunctive relief and attorneys' fees. In June 2013, the court granted our motion to strike portions of the plaintiffs’ complaint and granted plaintiffs leave to amend. The parties completed class certification discovery and briefing, and a hearing was held on August 13, 2015. On September 17, 2015, the court issued an order denying plaintiff's motion for class certification. On or around November 30, 2015, plaintiffs filed a notice of appeal of the court's order denying plaintiffs' motion for class certification. The deadline for plaintiffs to file their opening brief has been extended until September 9, 2016 and no opening brief has been filed yet. We intend to defend this case vigorously. Maria Rebolledo, individually and on behalf of all others similarly situated and on behalf of the general public vs. Tilly’s, Inc.; World of Jeans & Tops, Superior Court of the State of California, County of Orange, Case No. 30-2012-00616290-CU-OE-CXC. On December 5, 2012, the plaintiff in this matter filed a putative class action lawsuit against us alleging violations of California’s wage and hour, meal break and rest break rules and regulations, and unfair competition law, among other things. An amended complaint was filed on February 22, 2013, to add a claim for penalties under the California Private Attorneys General Act of 2004. In March 2013, we filed a motion to compel arbitration, which was denied in June 2013 and later affirmed on appeal. In October 2014, we filed an answer to the amended complaint. The parties attended a mediation proceeding and reached a resolution that will be presented to the court for approval. A final approval hearing is scheduled with the court on November 4, 2016. Karina Whitten, on behalf of herself and all others similarly situated, v. Tilly’s Inc. , Superior Court of California, County of Los Angeles, Case No. BC 548252 . On June 10, 2014, the plaintiff filed a putative class action and representative Private Attorney General Act of 2004 lawsuit against us alleging violations of California’s wage and hour, meal break and rest break rules and regulations, and unfair competition law, among other things. The complaint seeks class certification, penalties, restitution, injunctive relief and attorneys’ fees and costs. The plaintiff filed a first amended complaint on December 3, 2014, dismissing an expense reimbursement claim. We answered the complaint on January 8, 2015, denying all allegations, after which the case was stayed pending mediation. We engaged in mediation in May 2016, and the parties reached a resolution that will be presented to the court for preliminary approval on September 13, 2016. Skylar Ward, on behalf of herself and all others similarly situated, v. Tilly’s, Inc., Superior Court of California, County of Los Angeles, Case No. BC595405. On September 1, 2015, the plaintiff filed a putative class action lawsuit against us, alleging violations of California’s wage and hour rules and regulations and unfair competition law. Specifically, the complaint asserts a violation of the applicable California Wage Order for alleged failure to pay reporting time pay, as well as several derivative claims. The complaint seeks certification of a class, unspecified damages, unpaid wages, penalties, restitution, and attorneys’ fees. We are defending this case vigorously. On June 21, 2016, the court granted our demurrer to the plaintiff’s complaint, on the grounds that the plaintiff failed to state a cause of action against Tilly’s. Specifically, the court agreed with us that the plaintiff’s cause of action for reporting-time pay fails as a matter of law as the plaintiff and other putative class members did not “report for work” with respect to certain shifts on which the plaintiff’s claims are based. At the hearing on the plaintiff’s demurrer, the court granted the plaintiff leave to amend her complaint. The plaintiff filed an amended complaint on July 5, 2016, which brought the same claims as her original complaint but added various factual allegations. On August 5, 2016, we filed a demurrer as to the plaintiff’s amended complaint, on the grounds that the plaintiff’s amended complaint still failed to state a cause of action against Tilly’s, for the same reasons that the court granted our demurrer as to the plaintiff’s original complaint. The hearing date on our demurrer is currently set for October 19, 2016, as is the next status conference. On August 30, 2016, however, the parties submitted a joint stipulation to continue the hearing and status conference date to October 26, 2016. The plaintiff filed her opposition on August 24, 2016. Per the parties' stipulation, our reply is due October 12, 2016. On June 10, 2015, we and one of our vendors entered into a settlement arrangement with a plaintiff who filed a copyright infringement lawsuit against us and the vendor related to certain vendor products we sell. The settlement requires that the vendor pay $2.0 million to the plaintiff over three years and we have agreed to guarantee such payments. In the event of the vendor's default, the current estimated range of a reasonably possible loss is zero to $1.5 million . If required to perform under this settlement, we would utilize all available rights of offset to reduce our potential loss, including application of amounts owed by us to the vendor from our ongoing purchases of the vendor's merchandise and/or the enforcement of a security interest we have in the vendor's intellectual property.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jul. 30, 2016
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements We determine fair value based on a three-level valuation hierarchy as described below. Fair value is defined as the exit price associated with the sale of an asset or transfer of a liability in an orderly transaction between market participants at the measurement date. The three-level hierarchy of inputs used to determine fair value is as follows: • Level 1 – Quoted prices in active markets for identical assets and liabilities. • Level 2 – Inputs other than Level 1 that are observable, either directly or indirectly, such as quoted prices for similar assets and liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. • Level 3 – Unobservable inputs (i.e. projections, estimates, interpretations, etc.) that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. We measure certain financial assets at fair value on a recurring basis, including our marketable securities, which are classified as available-for-sale securities, and certain cash equivalents, specifically money market accounts. The money market accounts are valued based on quoted market prices in active markets. The marketable securities are valued based on other observable inputs for those securities (including market corroborated pricing or other models that utilize observable inputs such as interest rates and yield curves) based on information provided by independent third party entities. During the three and six months ended July 30, 2016 and August 1, 2015 , we did not make any transfers between Level 1 and Level 2 financial assets. Furthermore, as of July 30, 2016 and January 30, 2016, we did not have any Level 3 financial assets. We conduct reviews on a quarterly basis to verify pricing, assess liquidity and determine if significant inputs have changed that would impact the fair value hierarchy disclosure. Financial Assets We have categorized our financial assets based on the priority of the inputs to the valuation technique for the instruments as follows (in thousands): July 30, 2016 January 30, 2016 Level 1 Level 2 Level 3 Level 1 Level 2 Level 3 Cash equivalents: Money market securities $ 50,848 $ — $ — $ 42,626 $ — $ — Marketable securities: Commercial paper $ — $ 39,926 $ — $ — $ 49,932 $ — Impairment of Long-Lived Assets An impairment is recorded on a long-lived asset used in operations whenever events or changes in circumstances indicate that the net carrying amounts for such asset may not be recoverable. Factors considered important that could result in an impairment review include, but are not limited to, significant under-performance relative to historical or planned operating results, significant changes in the manner of use of the assets or significant changes in our business strategies. An evaluation is performed using estimated undiscounted future cash flows from operating activities compared to the carrying value of related assets for the individual stores. If the undiscounted future cash flows are less than the carrying value, an impairment loss is recognized for the difference between the carrying value and the estimated fair value of the assets based on the discounted cash flows of the assets using a rate that approximates our weighted average cost of capital. With regard to retail store assets, which are comprised of leasehold improvements, fixtures and computer hardware and software, we consider the assets at each individual retail store to represent an asset group. In addition, we have considered the relevant valuation techniques that could be applied without undue cost and effort and have determined that the discounted estimated future cash flow approach provides the most relevant and reliable means by which to determine fair value in this circumstance. On a quarterly basis, we assess whether events or changes in circumstances have occurred that potentially indicate the carrying value of long-lived assets may not be recoverable. Based on Level 3 inputs of historical operating performance, including sales trends, gross margin rates, current cash flows from operations and the projected outlook for each of our stores, we determined that six stores would not be able to generate sufficient cash flows over the remaining term of the related leases to recover our investment in the respective stores. As a result, we recorded non-cash impairment charges during the three and six months ended July 30, 2016 of approximately $0.8 million and $1.5 million , respectively, to write-down the carrying value of certain long-lived store assets to their estimated fair values. Three Months Ended Six Months Ended July 30, 2016 August 1, 2015 July 30, 2016 August 1, 2015 ($ in thousands) Carrying value of assets with impairment $840 $645 $1,696 $645 Fair value of assets impaired $— $278 $173 $278 Number of stores tested for impairment 12 12 13 18 Number of stores with impairment 3 1 6 1

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Jul. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation	Share-Based Compensation The Tillys 2012 Amended and Restated Equity and Incentive Plan, as amended in June 2014 (the "2012 Plan"), authorizes up to 4,413,900 shares for issuance of options, shares or rights to acquire our Class A common stock and allows for, among other things, operating income and comparable store sales growth targets as additional performance goals that may be used in connection with performance-based awards granted under the 2012 Plan. As of July 30, 2016 , there were 2,561,656 shares still available for future issuance under the 2012 Plan. Stock Options We grant stock options to certain employees that give them the right to acquire our Class A common stock under the 2012 Plan. The exercise price of options granted is equal to the closing price per share of our stock at the date of grant. The nonqualified options vest at a rate of 25% on each of the first four anniversaries of the grant date provided that the award recipient continues to be employed by us through each of those vesting dates, and expire ten years from the date of grant. The following table summarizes the stock option activity for the six months ended July 30, 2016 (aggregate intrinsic value in thousands): Stock Options Grant Date Weighted Average Exercise Price Weighted Average Remaining Contractual Life (in Years) Aggregate Intrinsic Value (1) Outstanding at January 30, 2016 1,811,325 $ 10.93 Granted 403,500 $ 6.66 Forfeited (85,250 ) $ 10.62 Expired (32,875 ) $ 14.27 Outstanding at July 30, 2016 2,096,700 $ 10.07 7.4 $ — Vested and expected to vest at July 30, 2016 1,995,002 $ 10.21 7.3 $ — Exercisable at July 30, 2016 906,950 $ 12.94 5.2 $ — (1) Intrinsic value for stock options is defined as the difference between the market price of our Class A common stock on the last business day of the fiscal quarter and the weighted average exercise price of in-the-money stock options outstanding at the end of each fiscal period. The market value per share was $5.69 at July 30, 2016 . The stock option awards were measured at fair value on the grant date using the Black-Scholes option valuation model. Key input assumptions used to estimate the fair value of stock options include the exercise price of the award, the expected option term, expected volatility of our stock over the option’s expected term, the risk-free interest rate over the option’s expected term and our expected annual dividend yield, if any. We estimate forfeitures based on an analysis of the award recipients’ positions and the vesting period of the awards. We will issue shares of Class A common stock when the options are exercised. The fair values of stock options granted during the three and six months ended July 30, 2016 and August 1, 2015 were estimated on the grant date using the following assumptions: Three Months Ended Six Months Ended July 30, August 1, July 30, August 1, Weighted average grant-date fair value per option granted $3.33 $4.20 $3.52 $5.79 Expected option term (1) 5.0 years 5.0 years 5.0 years 5.0 years Weighted average expected volatility factor (2) 66.2 % 45.2 % 62.1 % 46.7 % Weighted average risk-free interest rate (3) 1.2 % 1.6 % 1.4 % 1.5 % Expected annual dividend yield — % — % — % — % (1) We have limited historical information regarding expected option term. Accordingly, we determine the expected option term of the awards using the latest historical data available from comparable public companies and management’s expectation of exercise behavior. (2) Stock volatility for each grant is measured using the weighted average of historical daily price changes of our competitors’ common stock over the most recent period equal to the expected option term of the awards. (3) The risk-free interest rate is determined using the rate on treasury securities with the same term as the expected life of the stock option as of the grant date. Restricted Stock Restricted stock awards ("RSAs") represent restricted shares of our common stock issued upon the date of grant in which the recipient's rights in the stock are restricted until the shares are vested, and restricted stock units ("RSUs") represent a commitment to issue shares of our common stock in the future upon vesting. Under the 2012 Plan, we may grant RSAs to independent members of our Board of Directors and RSUs to certain employees. RSAs granted to Board members vest at a rate of 50% on each of the first two anniversaries of the grant date provided that the respective award recipient continues to serve on our Board of Directors through each of those vesting dates. RSUs granted to certain employees vest at a rate of 25% on each of the first four anniversaries of the grant date provided that the respective recipient continues to be employed by us through each of those vesting dates. We determine the fair value of restricted stock underlying the RSAs and RSUs based upon the closing price of our Class A common stock on the date of grant. A summary of the status of non-vested restricted stock changes during the six months ended July 30, 2016 are presented below: Restricted Stock Weighted Average Grant-Date Fair Value Nonvested at January 30, 2016 224,588 $ 14.02 Granted 51,864 $ 6.17 Vested (80,093 ) $ 12.45 Forfeited (23,024 ) $ 15.00 Nonvested at July 30, 2016 173,335 $ 12.27 Stock-based compensation expense associated with stock options and restricted stock is recognized on a straight-line basis over the vesting period. The following table summarizes stock-based compensation recorded in the Consolidated Statements of Income (Loss) (in thousands): Three Months Ended Six Months Ended July 30, August 1, July 30, August 1, Cost of goods sold $ 222 $ 284 $ 542 $ 523 Selling, general and administrative expenses 387 748 917 1,778 Stock-based compensation $ 609 $ 1,032 $ 1,459 $ 2,301 At July 30, 2016 , there was $5.2 million of total unrecognized stock-based compensation expense related to unvested stock options and restricted stock. This cost has a weighted average remaining recognition of 2.7 years years.

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jul. 30, 2016
Earnings Per Share [Abstract]
Earnings Per Share	Earnings (Loss) Per Share Earnings (loss) per share is computed under the provisions of ASC Topic 260, Earnings Per Share . Basic income (loss) per share is computed based on the weighted average number of common shares outstanding during the period. Diluted earnings (loss) per share is computed based on the weighted average number of shares of common stock plus the effect of dilutive potential common shares outstanding during the period using the treasury stock method, whereby proceeds from such exercise, unamortized compensation and hypothetical excess tax benefits, if any, on share-based awards are assumed to be used by us to purchase the common shares at the average market price during the period. Potentially dilutive shares of common stock represent outstanding stock options and restricted stock awards. The components of basic and diluted earnings (loss) per share are as follows (in thousands, except per share amounts): Three Months Ended Six Months Ended July 30, August 1, July 30, August 1, Net income (loss) $ 1,433 $ 560 $ (1,312 ) $ 1,842 Weighted average basic shares outstanding 28,462 28,333 28,443 28,253 Dilutive effect of stock options and restricted stock 4 93 — 150 Weighted average shares for diluted earnings (loss) per share 28,466 28,426 28,443 28,403 Basic earnings (loss) per share of Class A and Class B common stock $ 0.05 $ 0.02 $ (0.05 ) $ 0.07 Diluted earnings (loss) per share of Class A and Class B common stock $ 0.05 $ 0.02 $ (0.05 ) $ 0.06 The following stock options and restricted stock have been excluded from the calculation of diluted earnings (loss) per share as the effect of including these stock options and restricted stock would have been anti-dilutive: Three Months Ended Six Months Ended July 30, August 1, July 30, August 1, Stock options 2,096,700 2,198,775 2,096,700 2,193,775 Restricted stock 51,864 245,500 173,335 245,500 Total 2,148,564 2,444,275 2,270,035 2,439,275

Summary of Significant Accoun16

Summary of Significant Accounting Policies Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jul. 30, 2016
Accounting Policies [Abstract]
Basis of Accounting	We have prepared the accompanying unaudited consolidated financial statements in accordance with accounting principles generally accepted in the United States of America ("GAAP"), for interim financial reporting. These consolidated financial statements have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (the "SEC"). Certain information and footnote disclosures normally included in financial statements prepared in accordance with GAAP have been omitted from this Quarterly Report on Form 10-Q as is permitted by SEC rules and regulations. In the opinion of management, the accompanying unaudited consolidated financial statements contain all normal and recurring adjustments necessary to present fairly the financial condition, results of operations and cash flows for the interim periods presented. The results of operations for the three and six months ended July 30, 2016 and August 1, 2015 are not necessarily indicative of results to be expected for the full fiscal year. These interim consolidated financial statements should be read in conjunction with the consolidated financial statements and notes included in our Annual Report on Form 10-K for the fiscal year ended January 30, 2016 .
Fiscal Periods	Our fiscal year ends on the Saturday closest to January 31. References to the fiscal quarters ended July 30, 2016 and August 1, 2015 refer to the three and six months ended as of those dates.
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. Significant management judgment is required in projecting ordinary income (loss) to estimate our annual effective tax rate. In the fourth quarter of fiscal year 2015, the Internal Revenue Service initiated an examination of our federal income tax return for the year ended January 31, 2015. The examination was completed without penalty to the Company in the first quarter of fiscal 2016. Our effective income tax rate for the three and six months ended July 30, 2016 was 38% and 16% , respectively, which includes the write-off of deferred tax assets for discrete items related to the settlement of restricted stock units and the expiration of stock options. Our effective income tax rate for the three and six months ended August 1, 2015 was 50% and 43%
New Accounting Standard

Marketable Securities (Tables)

Marketable Securities (Tables)	6 Months Ended
	Jul. 30, 2016
Investments, Debt and Equity Securities [Abstract]
Investments in Marketable Securities	The following table summarizes our investments in marketable securities at July 30, 2016 and January 30, 2016 (in thousands): July 30, 2016 Cost Gross Unrealized Holding Gains Gross Unrealized Holding Losses Fair Value Commercial paper $ 39,874 $ 52 $ — $ 39,926 January 30, 2016 Cost Gross Unrealized Holding Gains Gross Unrealized Holding Losses Fair Value Commercial paper $ 49,894 $ 38 $ — $ 49,932

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jul. 30, 2016
Fair Value Disclosures [Abstract]
Financial Assets Categorized Based on Priority of Inputs to Valuation Technique Instruments	We have categorized our financial assets based on the priority of the inputs to the valuation technique for the instruments as follows (in thousands): July 30, 2016 January 30, 2016 Level 1 Level 2 Level 3 Level 1 Level 2 Level 3 Cash equivalents: Money market securities $ 50,848 $ — $ — $ 42,626 $ — $ — Marketable securities: Commercial paper $ — $ 39,926 $ — $ — $ 49,932 $ —
Details of Impairment of Long-Lived Assets	Three Months Ended Six Months Ended July 30, 2016 August 1, 2015 July 30, 2016 August 1, 2015 ($ in thousands) Carrying value of assets with impairment $840 $645 $1,696 $645 Fair value of assets impaired $— $278 $173 $278 Number of stores tested for impairment 12 12 13 18 Number of stores with impairment 3 1 6 1

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	6 Months Ended
	Jul. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock Option Activity Under Stock Option Plan	The following table summarizes the stock option activity for the six months ended July 30, 2016 (aggregate intrinsic value in thousands): Stock Options Grant Date Weighted Average Exercise Price Weighted Average Remaining Contractual Life (in Years) Aggregate Intrinsic Value (1) Outstanding at January 30, 2016 1,811,325 $ 10.93 Granted 403,500 $ 6.66 Forfeited (85,250 ) $ 10.62 Expired (32,875 ) $ 14.27 Outstanding at July 30, 2016 2,096,700 $ 10.07 7.4 $ — Vested and expected to vest at July 30, 2016 1,995,002 $ 10.21 7.3 $ — Exercisable at July 30, 2016 906,950 $ 12.94 5.2 $ — (1) Intrinsic value for stock options is defined as the difference between the market price of our Class A common stock on the last business day of the fiscal quarter and the weighted average exercise price of in-the-money stock options outstanding at the end of each fiscal period. The market value per share was $5.69 at July 30, 2016 .
Assumptions Used to Estimate Fair Value of Stock Options Granted	The fair values of stock options granted during the three and six months ended July 30, 2016 and August 1, 2015 were estimated on the grant date using the following assumptions: Three Months Ended Six Months Ended July 30, August 1, July 30, August 1, Weighted average grant-date fair value per option granted $3.33 $4.20 $3.52 $5.79 Expected option term (1) 5.0 years 5.0 years 5.0 years 5.0 years Weighted average expected volatility factor (2) 66.2 % 45.2 % 62.1 % 46.7 % Weighted average risk-free interest rate (3) 1.2 % 1.6 % 1.4 % 1.5 % Expected annual dividend yield — % — % — % — % (1) We have limited historical information regarding expected option term. Accordingly, we determine the expected option term of the awards using the latest historical data available from comparable public companies and management’s expectation of exercise behavior. (2) Stock volatility for each grant is measured using the weighted average of historical daily price changes of our competitors’ common stock over the most recent period equal to the expected option term of the awards. (3) The risk-free interest rate is determined using the rate on treasury securities with the same term as the expected life of the stock option as of the grant date.
Summary of Status of Non-Vested Restricted Stock	A summary of the status of non-vested restricted stock changes during the six months ended July 30, 2016 are presented below: Restricted Stock Weighted Average Grant-Date Fair Value Nonvested at January 30, 2016 224,588 $ 14.02 Granted 51,864 $ 6.17 Vested (80,093 ) $ 12.45 Forfeited (23,024 ) $ 15.00 Nonvested at July 30, 2016 173,335 $ 12.27
Schedule of Stock Based Compensation	The following table summarizes stock-based compensation recorded in the Consolidated Statements of Income (Loss) (in thousands): Three Months Ended Six Months Ended July 30, August 1, July 30, August 1, Cost of goods sold $ 222 $ 284 $ 542 $ 523 Selling, general and administrative expenses 387 748 917 1,778 Stock-based compensation $ 609 $ 1,032 $ 1,459 $ 2,301

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jul. 30, 2016
Earnings Per Share [Abstract]
Components of Basic and Diluted Earnings Per Share	The components of basic and diluted earnings (loss) per share are as follows (in thousands, except per share amounts): Three Months Ended Six Months Ended July 30, August 1, July 30, August 1, Net income (loss) $ 1,433 $ 560 $ (1,312 ) $ 1,842 Weighted average basic shares outstanding 28,462 28,333 28,443 28,253 Dilutive effect of stock options and restricted stock 4 93 — 150 Weighted average shares for diluted earnings (loss) per share 28,466 28,426 28,443 28,403 Basic earnings (loss) per share of Class A and Class B common stock $ 0.05 $ 0.02 $ (0.05 ) $ 0.07 Diluted earnings (loss) per share of Class A and Class B common stock $ 0.05 $ 0.02 $ (0.05 ) $ 0.06

Description of the Company an21

Description of the Company and Basis of Presentation (Details)	Jul. 30, 2016Statestore
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of stores | store	225
Number of states | State	32

Summary of Significant Accoun22

Summary of Significant Accounting Policies (Details)	6 Months Ended
	Jul. 30, 2016	Aug. 01, 2015
Accounting Policies [Abstract]
Effective tax rate	16.00%	43.00%

Marketable Securities - Investm

Marketable Securities - Investments in Marketable Securities (Details) - Commercial paper - USD ($) $ in Thousands	Jul. 30, 2016	Jan. 30, 2016
Financial Instruments And Marketable Securities [Line Items]
Cost	$ 39,874	$ 49,894
Gross Unrealized Holding Gains	52	38
Gross Unrealized Holding Losses	0	0
Fair Value	$ 39,926	$ 49,932

Marketable Securities - Narrati

Marketable Securities - Narrative (Details) - USD ($) $ in Thousands	6 Months Ended
	Jul. 30, 2016	Aug. 01, 2015
Investments, Debt and Equity Securities [Abstract]
Gains on sales and maturities of marketable securities	$ 106	$ 65

Line of Credit (Details)

Line of Credit (Details)	Mar. 17, 2014USD ($)	Jul. 30, 2016USD ($)	Aug. 01, 2015USD ($)	Jul. 30, 2016USD ($)	Aug. 01, 2015USD ($)
Line of Credit Facility [Line Items]
Letters of credit facility maximum borrowing capacity	$ 25,000,000
Line of credit maturity date	May 31, 2017
Line of credit interest rate term				The interest charged on borrowings is either at the London Interbank Offered Rate, or LIBOR, plus 1.00%, or at the bank’s prime rate. We have the ability to select between the prime rate or LIBOR-based rate at the time of a cash advance.
Covenant description				We are required to maintain certain financial and nonfinancial covenants in accordance with the revolving credit facility. The financial covenants require certain levels of leverage and profitability, such as (i) an aggregate maximum net loss after taxes not to exceed $5 million (measured at the end of each fiscal quarter), with no more than one annual net loss after taxes for any fiscal year (in either case, excluding all charges for impairment of goodwill, other intangibles and store assets impairment on the balance sheet of WOJT, in an aggregate amount of up to $2.0 million for the relevant period), and (ii) a maximum ratio of 2.00to 1.00 for “balance sheet leverage”, defined as total liabilities divided by total tangible net worth.
Net loss after taxes (not to exceed)		$ 1,433,000	$ 560,000	$ (1,312,000)	$ 1,842,000
Covenant compliance				we were in compliance with all of our covenants and had no outstanding borrowings under the revolving credit facility.
Outstanding borrowing		$ 0		$ 0
Maximum
Line of Credit Facility [Line Items]
Net loss after taxes (not to exceed)	$ (5,000,000)
Impairment of goodwill, other intangibles and store assets (up to)	$ 2,000,000
Balance sheet leverage	2
Stand-by and/or commercial letters of credit
Line of Credit Facility [Line Items]
Letters of credit facility maximum borrowing capacity	$ 15,000,000
LIBOR
Line of Credit Facility [Line Items]
Line of credit, percentage point added to reference rate	1.00%

Commitments and Contingencies (

Commitments and Contingencies (Details)	Sep. 01, 2015LegalMatter	Jun. 10, 2015USD ($)	Jun. 10, 2014LegalMatter	Jan. 29, 2013LegalMatter	Dec. 05, 2012LegalMatter	Jul. 30, 2016USD ($)
Commitment And Contingencies [Line Items]
Established loss provisions | $						$ 2,200,000
Litigation settlement | $		$ 2,000,000
Litigation settlement term		three years
Kirstin Christiansen, Shellie Smith and Paul Haug, on behalf of themselves and all others similarly situated vs. World of Jeans & Tops
Commitment And Contingencies [Line Items]
Plaintiff filed putative class action lawsuit | LegalMatter				1
Maria Rebolledo, individually and on behalf of all others similarly situated and on behalf of the general public vs. Tilly's, Inc.; World of Jeans & Tops
Commitment And Contingencies [Line Items]
Plaintiff filed putative class action lawsuit | LegalMatter					1
Karina Whitten, on behalf of herself and all others similarly situated, v. Tilly's Inc.
Commitment And Contingencies [Line Items]
Plaintiff filed putative class action lawsuit | LegalMatter			1
Skylar Ward, on behalf of herself and all other similarly situated, v. Tilly's Inc.
Commitment And Contingencies [Line Items]
Plaintiff filed putative class action lawsuit | LegalMatter	1
Minimum [Member]
Commitment And Contingencies [Line Items]
Estimated maximum reasonably possible loss | $						0
Maximum [Member]
Commitment And Contingencies [Line Items]
Estimated maximum reasonably possible loss | $						$ 1,500,000

Fair Value Measurements - Finan

Fair Value Measurements - Financial Assets Based on Priority of Inputs to Valuation Technique Instruments (Details) - USD ($) $ in Thousands	Jul. 30, 2016	Jan. 30, 2016
Level 1 | Cash equivalents | Money market securities
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Cash equivalents	$ 50,848	$ 42,626
Level 1 | Marketable securities | Commercial paper
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Marketable securities	0	0
Level 2 | Cash equivalents | Money market securities
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Cash equivalents	0	0
Level 2 | Marketable securities | Commercial paper
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Marketable securities	39,926	49,932
Level 3 | Cash equivalents | Money market securities
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Cash equivalents	0	0
Level 3 | Marketable securities | Commercial paper
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Marketable securities	$ 0	$ 0

Fair Value Measurements - Narra

Fair Value Measurements - Narrative (Details) $ in Millions	3 Months Ended		6 Months Ended
	Jul. 30, 2016USD ($)store	Aug. 01, 2015USD ($)store	Jul. 30, 2016USD ($)store	Aug. 01, 2015store
Fair Value Disclosures [Abstract]
Number of stores with impairment | store	3	1	6	1
Non-cash impairment charges | $	$ 0.8	$ 0	$ 1.5

Fair Value Measurements - Detai

Fair Value Measurements - Details of Impairment of Long-Lived Assets (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 30, 2016USD ($)store	Aug. 01, 2015USD ($)store	Jul. 30, 2016USD ($)store	Aug. 01, 2015USD ($)store
Fair Value Disclosures [Abstract]
Carrying value of assets with impairment | $	$ 840	$ 645	$ 1,696	$ 645
Fair value of assets impaired | $	$ 0	$ 278	$ 173	$ 278
Number of stores tested for impairment | store	12	12	13	18
Number of stores with impairment | store	3	1	6	1

Stock-Based Compensation - Narr

Stock-Based Compensation - Narrative (Details) - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Jul. 30, 2016	Jan. 30, 2016	Jun. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting rate		25.00%
Vesting period	4 years	4 years
Expiration period		10 years
Total unrecognized stock-based compensation expense related to unvested stock options and restricted stock grants	$ 5.2
Weighted average recognition period	2 years 8 months 18 days
Independent directors
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting rate	50.00%
Employee
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting rate	25.00%
2012 Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares available for issuance (in shares)	2,561,656
2012 Plan | Class A common stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common shares authorized (in shares)			4,413,900

Stock-Based Compensation - Stoc

Stock-Based Compensation - Stock Option Activity Under Stock Option Plan (Details) $ / shares in Units, $ in Thousands	6 Months Ended
	Jul. 30, 2016USD ($)$ / sharesshares
Stock Options
Beginning balance | shares	1,811,325
Granted | shares	403,500
Forfeited | shares	(85,250)
Expired | shares	(32,875)
Ending balance | shares	2,096,700
Vested and expected to vest ending balance | shares	1,995,002
Exercisable ending balance | shares	906,950
Grant Date Weighted Average Exercise Price
Beginning balance (in dollars per share)	$ 10.93
Granted (in dollars per share)	6.66
Forfeited (in dollars per share)	10.62
Expired (in dollars per share)	14.27
Ending balance (in dollars per share)	10.07
Vested and expected to vest ending balance (in dollars per share)	10.21
Exercisable ending balance (in dollars per share)	$ 12.94
Weighted Average Remaining Contractual Life (in Years)
Outstanding at end of period	7 years 4 months 18 days
Vested and expected to vest end of period	7 years 3 months 18 days
Exercisable ending balance	5 years 2 months 18 days
Aggregate Intrinsic Value
Outstanding at end of period | $	$ 0
Vested and expected to vest ending balance | $	0
Exercisable ending balance | $	$ 0
Class A common stock
Aggregate Intrinsic Value
Market value per share (in dollars per share)	$ 5.69

Stock-Based Compensation - Assu

Stock-Based Compensation - Assumptions Used to Estimate Fair Value of Stock Options Granted (Details)	3 Months Ended		6 Months Ended
	Jul. 30, 2016	Aug. 01, 2015	Jul. 30, 2016	Aug. 01, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value [Table Text Block]	3.33	4.20	3.52	5.79
Expected option term	5 years	5 years	5 years	5 years
Weighted average expected volatility factor	66.20%	45.20%	62.10%	46.70%
Weighted average risk-free interest rate	1.20%	1.60%	1.40%	1.50%
Expected annual dividend yield	0.00%	0.00%	0.00%	0.00%

Stock-Based Compensation - Summ

Stock-Based Compensation - Summary of Status of Non-Vested Restricted Stock (Details) - Nonvested	6 Months Ended
	Jul. 30, 2016$ / sharesshares
Restricted Stock
Beginning balance | shares	224,588
Granted | shares	51,864
Vested | shares	(80,093)
Forfeited | shares	(23,024)
Ending balance | shares	173,335
Weighted Average Grant-Date Fair Value
Beginning balance (in dollars per share) | $ / shares	$ 14.02
Granted (in dollars per share) | $ / shares	6.17
Vested (in dollars per share) | $ / shares	12.45
Forfeited (in dollars per share) | $ / shares	15
Ending balance (in dollars per share) | $ / shares	$ 12.27

Stock-Based Compensation - Sche

Stock-Based Compensation - Schedule of Stock Based Compensation (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 30, 2016	Aug. 01, 2015	Jul. 30, 2016	Aug. 01, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation	$ 609	$ 1,032	$ 1,459	$ 2,301
Cost of goods sold
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation	222	284	542	523
Selling, general and administrative expenses
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation	$ 387	$ 748	$ 917	$ 1,778

Earnings Per Share - Components

Earnings Per Share - Components of Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 30, 2016	Aug. 01, 2015	Jul. 30, 2016	Aug. 01, 2015
Schedule of Earnings Per Share, Basic and Diluted, by Common Class [Line Items]
Net income (loss)	$ 1,433	$ 560	$ (1,312)	$ 1,842
Weighted average basic shares outstanding (in shares)	28,462	28,333	28,443	28,253
Dilutive effect of stock options and restricted stock (in shares)	4	93	0	150
Weighted average shares for diluted earnings per share (in shares)	28,466	28,426	28,443	28,403
Class A and Class B common stock
Schedule of Earnings Per Share, Basic and Diluted, by Common Class [Line Items]
Basic earnings per share of Class A and Class B common stock (in dollars per share)	$ 0.05	$ 0.02	$ (0.05)	$ 0.07
Diluted earnings per share of Class A and Class B common stock (in dollars per share)	$ 0.05	$ 0.02	$ (0.05)	$ 0.06

Earnings Per Share (Details)

Earnings Per Share (Details) - shares	3 Months Ended		6 Months Ended
	Jul. 30, 2016	Aug. 01, 2015	Jul. 30, 2016
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Stock options and restricted stock excluded from the calculation of diluted earning per share	2,148,564	2,444,275	2,270,035
Employee Stock Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Stock options and restricted stock excluded from the calculation of diluted earning per share	2,096,700	2,198,775	2,096,700
Restricted Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Stock options and restricted stock excluded from the calculation of diluted earning per share	51,864	245,500	173,335