Dave & Buster's Entertainment (PLAY) 10-Q 10 Sep 19 2019 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Aug. 04, 2019	Sep. 04, 2019
Document and Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Aug. 4, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q2
Trading Symbol	PLAY
Entity Registrant Name	Dave & Buster’s Entertainment, Inc.
Entity Central Index Key	0001525769
Entity Filer Category	Large Accelerated Filer
Current Fiscal Year End Date	--02-02
Document Quarterly Report	true
Document Transition Report	false
Entity Interactive Data Current	Yes
Entity File Number	001-35664
Entity Incorporation, State or Country Code	DE
Entity Common Stock, Shares Outstanding		30,831,297
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Address, Address Line One	2481 Mañana Drive
Entity Address, City or Town	Dallas
Entity Address, State or Province	TX
City Area Code	214
Entity Address, Postal Zip Code	75220
Local Phone Number	357-9588
Entity Current Reporting Status	Yes
Entity Tax Identification Number	35-2382255
Entity Shell Company	false
Title of 12(b) Security	Common Stock
Security Exchange Name	NASDAQ

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Aug. 04, 2019	Feb. 03, 2019
Current assets:
Cash and cash equivalents	$ 23,318	$ 21,585
Inventories	27,409	27,315
Prepaid expenses	16,918	20,713
Income taxes receivable	1,569	1,880
Other current assets	9,001	19,600
Total current assets	78,215	91,093
Property and equipment (net of $627,036 and $578,178 accumulated depreciation as of August 4, 2019 and February 3, 2019, respectively)	851,715	805,337
Operating lease right of use assets	924,461
Deferred tax assets	8,529	6,736
Tradenames	79,000	79,000
Goodwill	272,633	272,625
Other assets and deferred charges	19,524	18,396
Total assets	2,234,077	1,273,187
Current liabilities:
Current installments of long-term debt	15,000	15,000
Accounts payable	53,898	60,427
Accrued liabilities	183,306	157,164
Income taxes payable	4,437	11,799
Total current liabilities	256,641	244,390
Deferred income taxes	18,822	14,634
Deferred occupancy costs		223,678
Operating lease liabilities	1,125,874
Other liabilities	31,359	24,179
Long-term debt, net	552,079	378,469
Commitments and contingencies
Stockholders' equity:
Common stock, par value $0.01; authorized: 400,000,000 shares; issued: 43,337,125 shares at August 4, 2019 and 43,177,476 shares at February 3, 2019; outstanding: 32,978,834 shares at August 4, 2019 and 37,522,085 shares at February 3, 2019	433	432
Preferred stock, 50,000,000 authorized; none issued	0	0
Paid-in capital	335,599	331,255
Treasury stock, 10,358,291 and 5,655,391 shares as of August 4, 2019 and February 3, 2019, respectively	(497,862)	(297,129)
Accumulated other comprehensive loss	(6,647)	(683)
Retained earnings	417,779	353,962
Total stockholders' equity	249,302	387,837
Total liabilities and stockholders' equity	$ 2,234,077	$ 1,273,187

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Aug. 04, 2019	Feb. 03, 2019
Statement of Financial Position [Abstract]
Property and equipment, accumulated depreciation	$ 627,036	$ 578,178
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	400,000,000	400,000,000
Common stock, shares issued	43,337,125	43,177,476
Common stock, shares outstanding	32,978,834	37,522,085
Preferred stock, shares authorized	50,000,000	50,000,000
Preferred stock, shares issued	0	0
Treasury stock, shares	10,358,291	5,655,391

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Aug. 04, 2019	Aug. 05, 2018	Aug. 04, 2019	Aug. 05, 2018
Total revenues	$ 344,599	$ 319,188	$ 708,181	$ 651,378
Total cost of products	59,623	55,556	121,348	112,695
Operating payroll and benefits	80,927	73,736	163,800	146,630
Other store operating expenses	104,376	94,825	210,621	188,165
General and administrative expenses	15,991	14,764	32,837	30,418
Depreciation and amortization expense	32,745	29,049	63,886	56,555
Pre-opening costs	4,723	5,328	11,725	12,381
Total operating costs	298,385	273,258	604,217	546,844
Operating income	46,214	45,930	103,964	104,534
Interest expense, net	4,605	3,228	8,661	6,085
Income before provision for income taxes	41,609	42,702	95,303	98,449
Provision for income taxes	9,253	8,923	20,504	22,520
Net income	32,356	33,779	74,799	75,929
Unrealized foreign currency translation gain (loss)	134	(93)	(57)	(362)
Change in fair value of derivatives, net of tax	(3,373)		(5,907)
Total other comprehensive loss	(3,239)	(93)	(5,964)	(362)
Total comprehensive income	$ 29,117	$ 33,686	$ 68,835	$ 75,567
Net income per share:
Basic	$ 0.91	$ 0.86	$ 2.07	$ 1.92
Diluted	$ 0.90	$ 0.84	$ 2.03	$ 1.88
Weighted average shares used in per share calculations:
Basic	35,407,965	39,355,105	36,117,815	39,525,263
Diluted	36,015,710	40,280,301	36,803,001	40,444,201
Cash dividends declared per share	$ 0.15		$ 0.30
Amusement and Other Revenues [Member]
Total revenues	$ 206,678	$ 188,946	$ 422,039	$ 381,381
Cost of amusement and other	22,689	21,558	45,660	42,677
Food and Beverage [Member]
Total revenues	137,921	130,242	286,142	269,997
Cost of food and beverage	$ 36,934	$ 33,998	$ 75,688	$ 70,018

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Total	Common Stock [Member]	Paid-In Capital [Member]	Treasury Stock at Cost [Member]	Accumulated Other Comprehensive Loss [Member]	Retained Earnings [Member]
Beginning balance at Feb. 04, 2018	$ 421,646	$ 427	$ 320,488	$ (147,331)	$ (249)	$ 248,311
Beginning balance, shares at Feb. 04, 2018		42,660,806		2,558,721
Net income	75,929					75,929
Unrealized foreign currency translation gain (loss)	(362)				(362)
Share-based compensation	4,014		4,014
Issuance of common stock	1,451	$ 2	1,449
Issuance of common stock, shares		277,182
Repurchase of common stock	(61,753)			$ (61,753)
Repurchase of common stock, shares				1,351,312
Ending balance at Aug. 05, 2018	440,925	$ 429	325,951	$ (209,084)	(611)	324,240
Ending balance, shares at Aug. 05, 2018		42,937,988		3,910,033
Beginning balance at May. 06, 2018	438,210	$ 428	323,211	$ (175,372)	(518)	290,461
Beginning balance, shares at May. 06, 2018		42,801,006		3,181,280
Net income	33,779					33,779
Unrealized foreign currency translation gain (loss)	(93)				(93)
Share-based compensation	1,626		1,626
Issuance of common stock	1,115	$ 1	1,114
Issuance of common stock, shares		136,982
Repurchase of common stock	(33,712)			$ (33,712)
Repurchase of common stock, shares				728,753
Ending balance at Aug. 05, 2018	440,925	$ 429	325,951	$ (209,084)	(611)	324,240
Ending balance, shares at Aug. 05, 2018		42,937,988		3,910,033
Beginning balance at Feb. 03, 2019	387,837	$ 432	331,255	$ (297,129)	(683)	353,962
Beginning balance, shares at Feb. 03, 2019		43,177,476		5,655,391
Cumulative effect of a change in accounting principle, net of tax	(145)					(145)
Net income	74,799					74,799
Unrealized foreign currency translation gain (loss)	(57)				(57)
Change in fair value of derivatives, net of tax	(5,907)				(5,907)
Share-based compensation	3,732		3,732
Issuance of common stock	613	$ 1	612
Issuance of common stock, shares		159,649
Repurchase of common stock	$ (200,733)			$ (200,733)
Repurchase of common stock, shares	4,691,564			4,702,900
Dividends declared	$ (10,837)					(10,837)
Ending balance at Aug. 04, 2019	249,302	$ 433	335,599	$ (497,862)	(6,647)	417,779
Ending balance, shares at Aug. 04, 2019		43,337,125		10,358,291
Beginning balance at May. 05, 2019	360,125	$ 433	333,515	$ (361,186)	(3,408)	390,771
Beginning balance, shares at May. 05, 2019		43,323,049		6,958,291
Net income	32,356					32,356
Unrealized foreign currency translation gain (loss)	134				134
Change in fair value of derivatives, net of tax	(3,373)				(3,373)
Share-based compensation	1,907		1,907
Issuance of common stock	177		177
Issuance of common stock, shares		14,076
Repurchase of common stock	$ (136,676)			$ (136,676)
Repurchase of common stock, shares	3,400,000			3,400,000
Dividends declared	$ (5,348)					(5,348)
Ending balance at Aug. 04, 2019	$ 249,302	$ 433	$ 335,599	$ (497,862)	$ (6,647)	$ 417,779
Ending balance, shares at Aug. 04, 2019		43,337,125		10,358,291

Consolidated Statement of Stock

Consolidated Statement of Stockholders' Equity (Parenthetical) - $ / shares	3 Months Ended	6 Months Ended
	Aug. 04, 2019	Aug. 04, 2019
Statement of Stockholders' Equity [Abstract]
Dividends declared per share	$ 0.15	$ 0.30

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Aug. 04, 2019	Aug. 05, 2018
Cash flows from operating activities:
Net income	$ 74,799	$ 75,929
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization expense	63,886	56,555
Deferred taxes	4,659	5,508
Loss on disposal of fixed assets	826	693
Share-based compensation	3,732	4,014
Other, net	376	717
Changes in assets and liabilities:
Inventories	(94)	2,567
Prepaid expenses	(4,811)	(1,457)
Income tax receivable	311	3,498
Other current assets	(444)	(8,536)
Other assets and deferred charges	(1,163)	(939)
Accounts payable	(428)	2,766
Accrued liabilities	22,057	10,566
Income taxes payable	(7,362)	4,156
Deferred occupancy costs		28,403
Other liabilities	346	471
Net cash provided by operating activities	156,690	184,911
Cash flows from investing activities:
Capital expenditures	(117,875)	(116,624)
Proceeds from sales of property and equipment	375	118
Net cash used in investing activities	(117,500)	(116,506)
Cash flows from financing activities:
Proceeds from debt	233,000	117,000
Payments of debt	(59,500)	(121,500)
Proceeds from the exercise of stock options	613	1,451
Repurchase of common stock under share repurchase program	(200,147)	(61,080)
Dividends paid	(10,837)
Repurchases of common stock to satisfy employee withholding tax obligations	(586)	(673)
Net cash used in financing activities	(37,457)	(64,802)
Increase in cash and cash equivalents	1,733	3,603
Beginning cash and cash equivalents	21,585	18,795
Ending cash and cash equivalents	23,318	22,398
Supplemental disclosures of cash flow information:
Decrease in fixed asset accounts payable	(6,101)	(8,830)
Cash paid for income taxes, net	22,850	9,338
Cash paid for interest, net	$ 8,050	$ 5,714

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Aug. 04, 2019
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 1: Summary of Significant Accounting Policies Basis of presentation The accompanying unaudited consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation. The Company’s financial statements have been prepared in accordance with generally accepted accounting principles (“GAAP”) in the United States for interim financial information as prescribed by the Securities and Exchange Commission (“SEC”). Accordingly, they do not include all the information and notes required by GAAP for complete financial statements. In the opinion of management, these financial statements contain all adjustments, consisting of normal recurring accruals, necessary to present fairly the financial position, results of operations and cash flows for the periods indicated. The preparation of consolidated financial statements in conformity with GAAP requires us to make certain estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates. Operating results for the twenty-six 10-K We operate on a 52 or 53-week fiscal year that ends on the Sunday after the Saturday closest to January 31. Each quarterly period reported has 13 weeks. Fiscal 2019 and 2018, which end on February 2, 2020 and February 3, 2019, contain 52 weeks. Cash and cash equivalents Fair value of financial instruments The carrying amounts of cash and cash equivalents, accounts and notes receivable, accounts payable, and other current liabilities approximate fair value because of their short-term nature. We believe that the carrying amount of our credit facility approximates its fair value because the interest rates are adjusted regularly based on current market conditions. The fair value of the Company’s credit facility was determined to be a Level Two instrument as defined by GAAP. The fair value of the Company’s interest rate swap is determined based upon Level Two inputs which includes valuation models as reported by our counterparties. These valuation models are based on the present value of expected cash flows using forward rate curves. Non-financial twenty-six no Interest rate swaps one-month notional amount of the swap agreements total $350,000 and the fixed rate of interest for all agreements is 2.47% plus the applicable spread. The agreements became effective on February 28, 2019 and mature on August 17, 2022, which is the maturity date of our credit facility. The Company has designated its interest rate swap agreements as a cash flow hedge and accounts for the underlying activity in accordance with hedge accounting. To the extent that the swaps are effective in offsetting the variability of the hedged cash flows, changes in the fair value of the derivatives are not included in earnings but are included in other comprehensive loss. These changes in fair value are subsequently reclassified into net earnings as a component of interest expense as the hedged interest payments are made on our variable rate debt. Cash flows related to the interest rate swaps are included as component of interest expense and in operating activities. Any portion of the fair value of the swaps determined to be ineffective will be recognized currently in earnings. The following derivative instruments were outstanding as of the end of the period: Fair Value Balance Sheet Location August 4, 2019 Derivatives designated as hedging instruments: Interest rate swaps Accrued liabilities $ (1,977 ) Interest rate swaps Other liabilities (6,151 ) Total derivatives $ (8,128 ) The following table summarizes the activity in accumulated other comprehensive loss related to our interest rate swap derivative instruments: Thirteen Twenty-six Gain (loss) recognized in accumulated other comprehensive loss $ (4,668 ) $ (8,140 ) Loss reclassified from accumulated other comprehensive loss into net $ 27 $ 12 Income tax (expense) benefit of interest rate swaps on accumulated $ 1,268 $ 2,221 (1) Amounts reclassified into net earnings included in “Interest expense, net” in the Consolidated Statements of Comprehensive Income. Revenue recognition twenty-six In jurisdictions where we do not have a legal obligation to remit unredeemed gift card balances to a legal authority, we recognize revenue on unredeemed gift cards in proportion to the pattern of redemption by the customers. During the thirteen and twenty-six weeks ended August 4, 2019, we recognized revenue of approximately $200 and $1,300, respectively, related to the amount in deferred gift card revenue as of the end of fiscal 2018, of which approximately $140 and $430 was gift card breakage revenue. Stockholders’ equity The share repurchase program may be modified, suspended or discontinued at any time. share repurchase authorization to $ . The share repurchase authorization expires at the end of fiscal 2020. During the thirteen and twenty-six weeks ended August 4, 2019, the Company purchased and shares of common stock at an average cost of $ and $ per share, respectively. Since the inception of the repurchase program, the Company has purchased shares of common stock at an average cost of $ per share. As of August 4, 2019, we have approximately $ of share repurchase authorization remaining under the current plan. In our consolidated financial statements, the Company treats shares withheld for tax purposes on behalf of our employees in connection with the vesting of performance restricted stock units as common stock repurchases because they reduce the number of shares that would have been issued upon vesting. These withheld shares of common stock are not considered common stock repurchases under our authorized common stock repurchase plan. During the twenty-six 586 Recently adopted accounting guidance 2016-02, right-of-use Upon adoption of ASU 2016-02, non-lease Recent accounting pronouncements 2017-04, In August 2018, the FASB issued ASU 2018-13,

Accrued Liabilities

Accrued Liabilities	6 Months Ended
	Aug. 04, 2019
Other Liabilities Disclosure [Abstract]
Accrued Liabilities	Note 2: Accrued Liabilities Accrued liabilities consist of the following as of the end of each period: August 4, 2019 February 3, 2019 Current portion of operating lease liabilities, net (refer to Note 4) $ 31,754 $ — Current portion of deferred occupancy costs — 15,737 Deferred amusement revenue 48,939 44,232 Compensation and benefits 24,555 24,280 Amusement redemption liability 20,717 19,911 Property taxes 9,089 7,278 Deferred gift card revenue 8,195 9,450 Current portion of long-term insurance 5,900 5,900 Sales and use taxes 4,903 5,226 Customer deposits 4,373 3,731 Utilities 4,247 4,032 Inventory liabilities 2,480 2,876 Variable rent liabilities 2,310 2,245 Current portion of derivatives 1,977 — Other (refer to Note 5) 13,867 12,266 Total accrued liabilities $ 183,306 $ 157,164

Debt

Debt	6 Months Ended
	Aug. 04, 2019
Debt Disclosure [Abstract]
Debt	Note 3: Debt Long-term debt consists of the following as of: August 4, 2019 February 3, 2019 Credit facility - term $ 273,750 $ 281,250 Credit facility - revolver 294,000 113,000 Total debt outstanding 567,750 394,250 Less: Current installments - term (15,000 ) (15,000 ) Debt issuance costs - term (671 ) (781 ) Long-term debt, net $ 552,079 $ 378,469 On August 17, 2017, we entered into a senior secured credit facility that provides a $300,000 term loan facility and a $500,000 revolving credit facility with a maturity date of August 17, 2022. The $500,000 revolving credit facility includes a $35,000 letter of credit sub-facility sub-facility. quarter The interest rates per annum applicable to loans, other than swing loans, under our existing credit facility are currently set based on a defined LIBOR rate plus an applicable margin. Swing loans bear interest at a base rate plus an applicable margin. The loans bear interest subject to a pricing grid based on a total leverage ratio, at one-month one-month Our credit facility contains restrictive covenants that, among other things, place certain limitations on our ability to: incur additional indebtedness, make loans or advances to subsidiaries and other entities, pay dividends, acquire other businesses or sell assets. In addition, our credit facility requires us to maintain certain financial ratio covenants. As of August 4, 2019, we were in compliance with our restrictive and financial ratio covenants of our credit facility. Interest expense, net Thirteen Weeks Ended August 4, 2019 Thirteen Weeks Ended August 5, 2018 Interest expense on credit facilities $ 4,735 $ 3,255 Amortization of issuance cost 198 198 Interest income (25 ) (28 ) Capitalized interest (303 ) (201 ) Change in fair value of interest rate cap — 4 Total interest expense, net $ 4,605 $ 3,228 Twenty-six Ended Twenty-six Ended Interest expense on credit facilities $ 8,915 $ 6,278 Amortization of issuance cost 396 396 Interest income (51 ) (56 ) Capitalized interest (599 ) (527 ) Change in fair value of interest rate cap — (6 ) Total interest expense, net $ 8,661 $ 6,085

Leases

Leases	6 Months Ended
	Aug. 04, 2019
Leases
Leases	Note 4: Leases We currently lease the building or site for our stores, corporate office and warehouse space under facility operating leases. These leases typically have initial terms ranging from ten to twenty years and include one or more options to renew. When determining the lease term, we include option periods for which renewal is reasonably certain. Most of the leases require us to pay property taxes, insurance and maintenance of the leased assets. Our lease agreements do not contain any material residual value guarantees or material restrictive covenants. Operating leases also includes certain equipment leases that have a term in excess of one year. Certain facility leases also have provisions for additional contingent rentals based on revenues. Contingent rent and other variable rent are included as variable lease costs in the table below. Lease expense consisted of the following: Thirteen Weeks Ended August 4, 2019 Twenty-six August 4, 2019 Operating $ 30,448 $ 60,240 Variable 774 1,992 Short-term 116 217 Total $ 31,338 $ 62,449 Store lease expense is included in “Other store operating expenses” or “Pre-opening Operating leases are included within the “Operating lease right of use assets”, “Accrued liabilities” and “Operating lease liabilities” in the Consolidated Balance Sheets. Operating lease ROU assets and lease liabilities are recognized at commencement date based on the present value of lease payments over the lease term and include both facility and equipment leases. The operating lease ROU asset is reduced by leasehold improvement incentives as the incentives are earned. As of August 4, 2019, the balance of leasehold improvement incentive receivables was $17,482 and is reflected as a reduction of the current portion of operating lease liabilities. The Company uses its incremental borrowing rate at commencement date in determining the present value of lease payments. The Company uses judgment in determining its incremental borrowing rate, which includes selecting a yield curve based on a hypothetical credit rating. Other information related to leases is as follows: Twenty-six Ended August 4, 2019 Cash paid for amounts included in the measurement of lease liabities Operating cash flows from operating leases $ 60,148 ROU assets obtained in exchange for new operating lease liabilities $ 94,059 Weighted-average remaining lease term - operating leases (in years) 15.8 Weighted-average discount rate - operating leases 6.0 % The maturities of our operating lease liabilities are as follows as of August 4, 2019: Remainder of 2019 $ 54,285 2020 127,561 2021 122,026 2022 114,033 2023 110,512 Thereafter 1,356,431 Total $ 1,884,848 Less: Interest 709,738 Total discounted operating lease liabilities $ 1,175,110 Operating lease payments in the table above includes minimum lease payments for five future sites for which the lease has commenced, and the stores are expected to open in fiscal 2019. Operating lease payments exclude minimum lease payments for eighteen executed facility leases that we have not yet taken possession. At February 3, 2019, aggregate minimum annual lease payments under facility and equipment operating leases were as follows: 2019 $ 122,501 2020 117,908 2021 111,642 2022 104,195 2023 100,779 Thereafter 1,229,803 Total $ 1,786,828

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Aug. 04, 2019
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 5: Commitments and Contingencies We are subject to certain legal proceedings and claims that arise in the ordinary course of our business, including claims alleging violations of federal and state law regarding workplace and employment matters, discrimination, slip-and-fall and other guest-related incidents, and similar matters. In the opinion of management, based upon consultation with legal counsel, the amount of ultimate liability with respect to such legal proceedings and claims will not materially affect the consolidated results of our operations or our financial condition. On June 30, 2017, we agreed to settle litigation related to alleged violations of the Employee Retirement Income Security Act. The settlement agreement was preliminarily approved by the court on December 7, 2018 with final approval on July 19, 2019. To cover the estimated net costs of settlement, including estimated payment to any opt-in members and class attorneys, as well as related settlement administration costs, we recorded a net charge of $2,550 (representing $7,500 of gross settlement costs less $4,950 of insurance recoveries) during fiscal 2017. Subsequent to August 4, 2019, all funds required to be paid under the final settlement and release agreement were remitted to a settlement fund as directed by the court. The Company is currently a defendant in several lawsuits filed in courts in California alleging violations of California Business and Professions Code, industry wage orders, wage-and-hour laws and rules and regulations pertaining primarily to the failure to pay proper regular and overtime wages, failure to pay for missed meals and rest periods, pay stub violations, failure to pay all wages due at the time of termination and other employment related claims (the “California Cases”). Some of the California Cases purport or may be determined to be class actions or Private Attorney General Act representative actions and seek substantial damages and penalties. With respect to these California Cases, where the Company has determined that a loss is reasonably possible but not probable, the Company is unable to estimate the amount or range of the reasonably possible loss due to the inherent difficulty of predicting the outcome of uncertainties regarding legal proceedings. The Company’s assessments are based on estimates and assumptions that have been deemed reasonable by management, but that may prove to be incomplete or inaccurate, and unanticipated events and circumstances may occur that might cause the Company to change those estimates and assumptions. Management’s assessment of these California Cases could change because of future determinations or the discovery of facts that are not presently known. Accordingly, the ultimate costs of resolving these cases may be substantially higher or lower than estimated. The Company is aggressively defending these cases.

Earnings per share

Earnings per share	6 Months Ended
	Aug. 04, 2019
Earnings Per Share [Abstract]
Earnings per share	Note 6: Earnings per share Potential dilutive shares consist of the incremental common shares issuable upon the exercise of outstanding stock options (both vested and unvested), unvested time-based restricted stock units (RSU’s) and unvested performance RSU’s to the extent performance measures were attained as of the end of the reporting period, calculated using the treasury-stock method. Potential dilutive shares are excluded from the computation of earnings per share (“EPS”) if their effect is anti-dilutive. Stock options for which the exercise price exceeds the average market price over the period are anti-dilutive and, accordingly, are excluded from the calculation. The weighted average anti-dilutive options excluded from the calculation of common equivalent shares were 160,967 and 90,143 in the thirteen weeks ended August 4, 2019 and August 5, 2018, respectively, and 97,502 and 99,331 in the twenty-six The following table sets forth the computation of EPS, basic and diluted for the periods indicated: Thirteen Weeks Ended August 4, 2019 Thirteen Weeks Ended August 5, 2018 Numerator: Net income $ 32,356 $ 33,779 Denominator: Weighted average number of common shares outstanding (basic) 35,407,965 39,355,105 Weighted average dilutive impact of equity-based awards 607,745 925,196 Weighted average number of common and common equivalent shares outstanding (diluted) 36,015,710 40,280,301 Net income per share: Basic $ 0.91 $ 0.86 Diluted $ 0.90 $ 0.84 Twenty- s Ended August 4, 2019 Twenty-six Weeks Ended August 5, 2018 Numerator: Net income $ 74,799 $ 75,929 Denominator: Weighted average number of common shares outstanding (basic) 36,117,815 39,525,263 Weighted average dilutive impact of equity-based awards 685,186 918,938 Weighted average number of common and common equivalent shares outstanding (diluted) 36,803,001 40,444,201 Net income per share: Basic $ 2.07 $ 1.92 Diluted $ 2.03 $ 1.88

Share-Based Compensation

Share-Based Compensation	6 Months Ended
	Aug. 04, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-Based Compensation	Note 7: Share-Based Compensation Compensation expense related to stock options, time-based and performance-based RSU’s and restricted stock are included in general and administrative expenses and were as follows: Thirteen Weeks Ended Twenty-six August 4, 2019 August 5, 2018 August 4, 2019 August 5, 2018 Stock options $ 804 660 $ 1,563 $ 2,018 RSU’s and restricted stock 1,103 966 2,169 1,996 Total share-based compensation expense $ 1,907 $ 1,626 $ 3,732 $ 4,014 Transactions related to stock option awards during the twenty-six 2014 Stock Incentive Plan 2010 Stock Incentive Plan Number Weighted Number Weighted Outstanding at February 3, 2019 1,134,218 $ 34.22 359,984 $ 6.48 Granted 222,266 52.04 — — Exercised (8,390 ) 37.86 (52,135 ) 5.67 Forfeited (2,882 ) 49.62 — — Outstanding at August 4, 2019 1,345,212 $ 37.11 307,849 $ 6.62 Exercisable at August 4, 2019 920,104 $ 31.35 307,849 $ 6.62 The total intrinsic value of options exercised during the twenty-six Transactions related to time-based and performance-based twenty-six Shares Weighted Outstanding at February 3, 2019 220,830 $ 47.79 Granted 72,768 52.09 Change in units based on performance 27,372 39.10 Vested (99,124 ) 39.64 Forfeited (1,562 ) 49.34 Outstanding at August 4, 2019 220,284 $ 51.79 Fair value of our time-based and performance-based RSU’s and restricted stock is based on our closing stock price on the date of grant. The unrecognized expense related to our time-based and performance-based RSU’s and unvested restricted stock was $6,911 as of August 4, 2019 and will be expensed over a weighted average period of 2.2 years. During the twenty-six Forfeitures are estimated at the time of grant and adjusted if necessary, in subsequent periods, if actual forfeitures differ from those estimates. The forfeiture rate is based on historical experience.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Aug. 04, 2019
Accounting Policies [Abstract]
Basis of presentation	Basis of presentation The accompanying unaudited consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation. The Company’s financial statements have been prepared in accordance with generally accepted accounting principles (“GAAP”) in the United States for interim financial information as prescribed by the Securities and Exchange Commission (“SEC”). Accordingly, they do not include all the information and notes required by GAAP for complete financial statements. In the opinion of management, these financial statements contain all adjustments, consisting of normal recurring accruals, necessary to present fairly the financial position, results of operations and cash flows for the periods indicated. The preparation of consolidated financial statements in conformity with GAAP requires us to make certain estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates. Operating results for the twenty-six 10-K We operate on a 52 or 53-week fiscal year that ends on the Sunday after the Saturday closest to January 31. Each quarterly period reported has 13 weeks. Fiscal 2019 and 2018, which end on February 2, 2020 and February 3, 2019, contain 52 weeks.
Cash and cash equivalents	Cash and cash equivalents
Fair value of financial instruments	Fair value of financial instruments The carrying amounts of cash and cash equivalents, accounts and notes receivable, accounts payable, and other current liabilities approximate fair value because of their short-term nature. We believe that the carrying amount of our credit facility approximates its fair value because the interest rates are adjusted regularly based on current market conditions. The fair value of the Company’s credit facility was determined to be a Level Two instrument as defined by GAAP. The fair value of the Company’s interest rate swap is determined based upon Level Two inputs which includes valuation models as reported by our counterparties. These valuation models are based on the present value of expected cash flows using forward rate curves. Non-financial twenty-six no Interest rate swaps one-month
Interest rate swap	notional amount of the swap agreements total $350,000 and the fixed rate of interest for all agreements is 2.47% plus the applicable spread. The agreements became effective on February 28, 2019 and mature on August 17, 2022, which is the maturity date of our credit facility. The Company has designated its interest rate swap agreements as a cash flow hedge and accounts for the underlying activity in accordance with hedge accounting. To the extent that the swaps are effective in offsetting the variability of the hedged cash flows, changes in the fair value of the derivatives are not included in earnings but are included in other comprehensive loss. These changes in fair value are subsequently reclassified into net earnings as a component of interest expense as the hedged interest payments are made on our variable rate debt. Cash flows related to the interest rate swaps are included as component of interest expense and in operating activities. Any portion of the fair value of the swaps determined to be ineffective will be recognized currently in earnings. The following derivative instruments were outstanding as of the end of the period: Fair Value Balance Sheet Location August 4, 2019 Derivatives designated as hedging instruments: Interest rate swaps Accrued liabilities $ (1,977 ) Interest rate swaps Other liabilities (6,151 ) Total derivatives $ (8,128 ) The following table summarizes the activity in accumulated other comprehensive loss related to our interest rate swap derivative instruments: Thirteen Twenty-six Gain (loss) recognized in accumulated other comprehensive loss $ (4,668 ) $ (8,140 ) Loss reclassified from accumulated other comprehensive loss into net $ 27 $ 12 Income tax (expense) benefit of interest rate swaps on accumulated $ 1,268 $ 2,221 (1) Amounts reclassified into net earnings included in “Interest expense, net” in the Consolidated Statements of Comprehensive Income.
Revenue recognition	Revenue recognition twenty-six In jurisdictions where we do not have a legal obligation to remit unredeemed gift card balances to a legal authority, we recognize revenue on unredeemed gift cards in proportion to the pattern of redemption by the customers. During the thirteen and twenty-six weeks ended August 4, 2019, we recognized revenue of approximately $200 and $1,300, respectively, related to the amount in deferred gift card revenue as of the end of fiscal 2018, of which approximately $140 and $430 was gift card breakage revenue.
Stockholders' equity	Stockholders’ equity The share repurchase program may be modified, suspended or discontinued at any time. share repurchase authorization to $ . The share repurchase authorization expires at the end of fiscal 2020. During the thirteen and twenty-six weeks ended August 4, 2019, the Company purchased and shares of common stock at an average cost of $ and $ per share, respectively. Since the inception of the repurchase program, the Company has purchased shares of common stock at an average cost of $ per share. As of August 4, 2019, we have approximately $ of share repurchase authorization remaining under the current plan. In our consolidated financial statements, the Company treats shares withheld for tax purposes on behalf of our employees in connection with the vesting of performance restricted stock units as common stock repurchases because they reduce the number of shares that would have been issued upon vesting. These withheld shares of common stock are not considered common stock repurchases under our authorized common stock repurchase plan. During the twenty-six 586
Recently adopted accounting guidance	Recently adopted accounting guidance 2016-02, right-of-use Upon adoption of ASU 2016-02, non-lease
Recent accounting pronouncements	Recent accounting pronouncements 2017-04, In August 2018, the FASB issued ASU 2018-13,

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	6 Months Ended
	Aug. 04, 2019
Accounting Policies [Abstract]
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]	The following derivative instruments were outstanding as of the end of the period: Fair Value Balance Sheet Location August 4, 2019 Derivatives designated as hedging instruments: Interest rate swaps Accrued liabilities $ (1,977 ) Interest rate swaps Other liabilities (6,151 ) Total derivatives $ (8,128 )
Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss) [Table Text Block]	The following table summarizes the activity in accumulated other comprehensive loss related to our interest rate swap derivative instruments: Thirteen Twenty-six Gain (loss) recognized in accumulated other comprehensive loss $ (4,668 ) $ (8,140 ) Loss reclassified from accumulated other comprehensive loss into net $ 27 $ 12 Income tax (expense) benefit of interest rate swaps on accumulated $ 1,268 $ 2,221 (1) Amounts reclassified into net earnings included in “Interest expense, net” in the Consolidated Statements of Comprehensive Income.

Accrued Liabilities (Tables)

Accrued Liabilities (Tables)	6 Months Ended
	Aug. 04, 2019
Text Block [Abstract]
Accrued Liabilities	Accrued liabilities consist of the following as of the end of each period: August 4, 2019 February 3, 2019 Current portion of operating lease liabilities, net (refer to Note 4) $ 31,754 $ — Current portion of deferred occupancy costs — 15,737 Deferred amusement revenue 48,939 44,232 Compensation and benefits 24,555 24,280 Amusement redemption liability 20,717 19,911 Property taxes 9,089 7,278 Deferred gift card revenue 8,195 9,450 Current portion of long-term insurance 5,900 5,900 Sales and use taxes 4,903 5,226 Customer deposits 4,373 3,731 Utilities 4,247 4,032 Inventory liabilities 2,480 2,876 Variable rent liabilities 2,310 2,245 Current portion of derivatives 1,977 — Other (refer to Note 5) 13,867 12,266 Total accrued liabilities $ 183,306 $ 157,164

Debt (Tables)

Debt (Tables)	6 Months Ended
	Aug. 04, 2019
Debt Disclosure [Abstract]
Long-Term Debt	Long-term debt consists of the following as of: August 4, 2019 February 3, 2019 Credit facility - term $ 273,750 $ 281,250 Credit facility - revolver 294,000 113,000 Total debt outstanding 567,750 394,250 Less: Current installments - term (15,000 ) (15,000 ) Debt issuance costs - term (671 ) (781 ) Long-term debt, net $ 552,079 $ 378,469
Recorded Interest Expense, Net	Interest expense, net Thirteen Weeks Ended August 4, 2019 Thirteen Weeks Ended August 5, 2018 Interest expense on credit facilities $ 4,735 $ 3,255 Amortization of issuance cost 198 198 Interest income (25 ) (28 ) Capitalized interest (303 ) (201 ) Change in fair value of interest rate cap — 4 Total interest expense, net $ 4,605 $ 3,228 Twenty-six Ended Twenty-six Ended Interest expense on credit facilities $ 8,915 $ 6,278 Amortization of issuance cost 396 396 Interest income (51 ) (56 ) Capitalized interest (599 ) (527 ) Change in fair value of interest rate cap — (6 ) Total interest expense, net $ 8,661 $ 6,085

Leases (Tables)

Leases (Tables)	6 Months Ended
	Aug. 04, 2019
Lessee, Operating Lease, Disclosure	Lease expense consisted of the following: Thirteen Weeks Ended August 4, 2019 Twenty-six August 4, 2019 Operating $ 30,448 $ 60,240 Variable 774 1,992 Short-term 116 217 Total $ 31,338 $ 62,449
Disclosure of Other information related to leases	Other information related to leases is as follows: Twenty-six Ended August 4, 2019 Cash paid for amounts included in the measurement of lease liabities Operating cash flows from operating leases $ 60,148 ROU assets obtained in exchange for new operating lease liabilities $ 94,059 Weighted-average remaining lease term - operating leases (in years) 15.8 Weighted-average discount rate - operating leases 6.0 %
Lessee, Operating Lease, Liability, Maturity	The maturities of our operating lease liabilities are as follows as of August 4, 2019: Remainder of 2019 $ 54,285 2020 127,561 2021 122,026 2022 114,033 2023 110,512 Thereafter 1,356,431 Total $ 1,884,848 Less: Interest 709,738 Total discounted operating lease liabilities $ 1,175,110
Schedule of Future Minimum Rental Payments for Operating Leases	At February 3, 2019, aggregate minimum annual lease payments under facility and equipment operating leases were as follows: 2019 $ 122,501 2020 117,908 2021 111,642 2022 104,195 2023 100,779 Thereafter 1,229,803 Total $ 1,786,828

Earnings per share (Tables)

Earnings per share (Tables)	6 Months Ended
	Aug. 04, 2019
Earnings Per Share [Abstract]
Summary of Calculation of Basic and Diluted Earnings Per Share	The following table sets forth the computation of EPS, basic and diluted for the periods indicated: Thirteen Weeks Ended August 4, 2019 Thirteen Weeks Ended August 5, 2018 Numerator: Net income $ 32,356 $ 33,779 Denominator: Weighted average number of common shares outstanding (basic) 35,407,965 39,355,105 Weighted average dilutive impact of equity-based awards 607,745 925,196 Weighted average number of common and common equivalent shares outstanding (diluted) 36,015,710 40,280,301 Net income per share: Basic $ 0.91 $ 0.86 Diluted $ 0.90 $ 0.84 Twenty- s Ended August 4, 2019 Twenty-six Weeks Ended August 5, 2018 Numerator: Net income $ 74,799 $ 75,929 Denominator: Weighted average number of common shares outstanding (basic) 36,117,815 39,525,263 Weighted average dilutive impact of equity-based awards 685,186 918,938 Weighted average number of common and common equivalent shares outstanding (diluted) 36,803,001 40,444,201 Net income per share: Basic $ 2.07 $ 1.92 Diluted $ 2.03 $ 1.88

Share-Based Compensation (Table

Share-Based Compensation (Tables)	6 Months Ended
	Aug. 04, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan [Table Text Block]	Compensation expense related to stock options, time-based and performance-based RSU’s and restricted stock are included in general and administrative expenses and were as follows: Thirteen Weeks Ended Twenty-six August 4, 2019 August 5, 2018 August 4, 2019 August 5, 2018 Stock options $ 804 660 $ 1,563 $ 2,018 RSU’s and restricted stock 1,103 966 2,169 1,996 Total share-based compensation expense $ 1,907 $ 1,626 $ 3,732 $ 4,014
Share-based Compensation, Stock Options, Activity [Table Text Block]	Transactions related to stock option awards during the twenty-six 2014 Stock Incentive Plan 2010 Stock Incentive Plan Number Weighted Number Weighted Outstanding at February 3, 2019 1,134,218 $ 34.22 359,984 $ 6.48 Granted 222,266 52.04 — — Exercised (8,390 ) 37.86 (52,135 ) 5.67 Forfeited (2,882 ) 49.62 — — Outstanding at August 4, 2019 1,345,212 $ 37.11 307,849 $ 6.62 Exercisable at August 4, 2019 920,104 $ 31.35 307,849 $ 6.62
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block]	Transactions related to time-based and performance-based twenty-six Shares Weighted Outstanding at February 3, 2019 220,830 $ 47.79 Granted 72,768 52.09 Change in units based on performance 27,372 39.10 Vested (99,124 ) 39.64 Forfeited (1,562 ) 49.34 Outstanding at August 4, 2019 220,284 $ 51.79

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Additional Information (Detail)	3 Months Ended	6 Months Ended		32 Months Ended
	Aug. 04, 2019USD ($)StatesStoresProvince$ / sharesshares	Aug. 04, 2019USD ($)StatesStoresSegmentProvince$ / sharesshares	Aug. 05, 2018USD ($)	Aug. 04, 2019USD ($)StatesStoresProvince$ / sharesshares	Jul. 12, 2019USD ($)	Feb. 04, 2019USD ($)	Feb. 03, 2019USD ($)
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Number of stores | Stores	130	130		130
Number of states store operates | States	39	39		39
Number of operating segment | Segment		1
Number of reportable segment | Segment		1
Book overdrafts reclassified to accounts payable	$ 12,757,000	$ 12,757,000		$ 12,757,000			$ 12,782,000
Long lived asset impairment loss		$ 0
Repurchase of common stock, shares | shares	3,400,000	4,691,564		10,975,355
Share repurchase program authorized amount					$ 800,000,000
Repurchase of common stock, price per shares | $ / shares	$ 40.20	$ 42.66		$ 48.29
Share repurchase program remaining authorized amount	$ 269,990,000	$ 269,990,000		$ 269,990,000
Operating lease liability	1,175,110,000	1,175,110,000		1,175,110,000
Right of use assets	924,461,000	924,461,000		924,461,000
Notional amount of the swap agreement	$ 350,000,000	$ 350,000,000		$ 350,000,000
Derivative, Average Fixed Interest Rate	2.47%	2.47%		2.47%
Shares Paid for Tax Withholding for Share Based Compensation | shares		11,336
Payments Related to Tax Withholding for Share-based Compensation		$ 586,000	$ 673,000
Dave And Busters Holdings Inc [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Percentage of outstanding common stock owned	100.00%	100.00%		100.00%
Canada [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Number of canadian province | Province	1	1		1
Amusement Revenue [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Deferred revenue recognized	$ 5,000,000	$ 17,000,000
Gift Card Revenue [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Gift card breakage revenue	140,000	430,000
Deferred revenue recognized	$ 200,000	$ 1,300,000
Recently Adopted Accounting Standard 2016-02 [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Operating lease liability						$ 1,116,252,000
Right of use assets						877,714,000
Cumulative effect adjustment of retained earnings						145,000
Favorable Lease Asset						878,000
Deferred Rent Creditand Unfavorable Lease Liability						$ 239,416,000

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Derivative Instruments Outstanding (Details) $ in Thousands	Aug. 04, 2019USD ($)
Derivatives designated as hedging instruments:
Current portion of derivatives	$ (1,977)
Non-current portion of derivatives	(6,151)
Total derivatives	$ (8,128)

Summary of Significant Accoun_6

Summary of Significant Accounting Policies - Accumulated Other Comprehensive Loss (Details) - Interest Rate Swap [Member] - USD ($) $ in Thousands		3 Months Ended	6 Months Ended
		Aug. 04, 2019	Aug. 04, 2019
Gain (loss) recognized in accumulated other comprehensive loss		$ (4,668)	$ (8,140)
Income tax (expense) benefit of interest rate swaps on accumulated other comprehensive loss		1,268	2,221
Interest Expense [Member]
Loss reclassified from accumulated other comprehensive loss into net earnings	[1]	$ 27	$ 12
[1]	Amounts reclassified into net earnings included in “Interest expense, net” in the Consolidated Statements of Comprehensive Income.

Accrued Liabilities - Accrued L

Accrued Liabilities - Accrued Liabilities (Detail) - USD ($) $ in Thousands	Aug. 04, 2019	Feb. 03, 2019
Accrued Liabilities, Current [Abstract]
Current portion of operating lease liabilities, net (refer to Note 4)	$ 31,754
Current portion of deferred occupancy costs		$ 15,737
Deferred amusement revenue	48,939	44,232
Compensation and benefits	24,555	24,280
Amusement redemption liability	20,717	19,911
Property taxes	9,089	7,278
Deferred gift card revenue	8,195	9,450
Current portion of long-term insurance	5,900	5,900
Sales and use taxes	4,903	5,226
Customer deposits	4,373	3,731
Utilities	4,247	4,032
Inventory liabilities	2,480	2,876
Variable rent liabilities	2,310	2,245
Current portion of derivatives	1,977
Other (refer to Note 5)	13,867	12,266
Total accrued liabilities	$ 183,306	$ 157,164

Debt - Additional Information (

Debt - Additional Information (Detail) - USD ($)	Aug. 17, 2017	Aug. 04, 2019
Debt Instrument [Line Items]
Debt instrument, description of variable rate basis		LIBOR plus 1.25%
Minimum [Member]
Debt Instrument [Line Items]
Debt instrument interest rate		1.25%
Maximum [Member]
Debt Instrument [Line Items]
Debt instrument interest rate		2.00%
Credit Facility [Member]
Debt Instrument [Line Items]
Senior secured credit facility	$ 300,000,000
Revolving credit facility, maximum borrowing capacity	$ 500,000,000
Maturity date	Aug. 17, 2022
Revolving credit facility, letter of credit sub-facility maximum borrowing capacity	$ 35,000,000
Revolving credit facility, swing loan sub-facility maximum borrowing capacity	15,000,000
Term loan repayment of principal	$ 3,750,000
Frequency of periodic payment		quarter
Letter of credit facility outstanding		$ 8,147,000
Borrowing available		$ 197,853,000
Weighted average effective interest		4.11%
Debt instrument, description of variable rate basis		The loans bear interest subject to a pricing grid based on a total leverage ratio, at one-month LIBOR plus a spread ranging from 1.25% to 2.00% for the term loans and the revolving loans.
Debt Instrument, covenant compliance		Our credit facility contains restrictive covenants that, among other things, place certain limitations on our ability to: incur additional indebtedness, make loans or advances to subsidiaries and other entities, pay dividends, acquire other businesses or sell assets. In addition, our credit facility requires us to maintain certain financial ratio covenants. As of August 4, 2019, we were in compliance with our restrictive and financial ratio covenants of our credit facility.

Debt - Long-Term Debt (Detail)

Debt - Long-Term Debt (Detail) - USD ($) $ in Thousands	Aug. 04, 2019	Feb. 03, 2019
Debt Instrument [Line Items]
Total debt outstanding	$ 567,750	$ 394,250
Less current installments—term	(15,000)	(15,000)
Long-term debt, net	552,079	378,469
Credit Facility—term [Member]
Debt Instrument [Line Items]
Total debt outstanding	273,750	281,250
Less current installments—term	(15,000)	(15,000)
Less debt issuance costs—term	(671)	(781)
Credit Facility—revolver [Member]
Debt Instrument [Line Items]
Total debt outstanding	$ 294,000	$ 113,000

Debt - Recorded Interest Expens

Debt - Recorded Interest Expense, Net (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Aug. 04, 2019	Aug. 05, 2018	Aug. 04, 2019	Aug. 05, 2018
Debt Disclosure [Abstract]
Interest expense on credit facilities	$ 4,735	$ 3,255	$ 8,915	$ 6,278
Amortization of issuance cost	198	198	396	396
Interest income	(25)	(28)	(51)	(56)
Capitalized interest	(303)	(201)	(599)	(527)
Change in fair value of interest rate cap		4		(6)
Total interest expense, net	$ 4,605	$ 3,228	$ 8,661	$ 6,085

Leases - Additional Information

Leases - Additional Information (Detail) $ in Thousands	6 Months Ended
	Aug. 04, 2019USD ($)
Leases
Leasehold Improvement Incentive Receivables	$ 17,482

Leases - Lease Expense (Detail)

Leases - Lease Expense (Detail) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Aug. 04, 2019	Aug. 04, 2019
Leases
Operating	$ 30,448	$ 60,240
Variable	774	1,992
Short-term	116	217
Total	$ 31,338	$ 62,449

Leases - Other Information Rela

Leases - Other Information Related to Leases (Detail) $ in Thousands	6 Months Ended
	Aug. 04, 2019USD ($)
Leases
Operating cash flows from operating leases	$ 60,148
ROU assets obtained in exchange for new operating lease liabilities	$ 94,059
Weighted-average remaining lease term - operating leases (in years)	15 years 9 months 18 days
Weighted-average discount rate - operating leases	6.00%

Leases - Maturities of Our Oper

Leases - Maturities of Our Operating Lease Liabilities (Detail) $ in Thousands	Aug. 04, 2019USD ($)
Leases
Remainder of 2019	$ 54,285
2020	127,561
2021	122,026
2022	114,033
2023	110,512
Thereafter	1,356,431
Total	1,884,848
Less: Interest	709,738
Total discounted operating lease liabilities	$ 1,175,110

Leases - Minimum Annual Lease P

Leases - Minimum Annual Lease Payments (Detail) $ in Thousands	Feb. 03, 2019USD ($)
Leases
2019	$ 122,501
2020	117,908
2021	111,642
2022	104,195
2023	100,779
Thereafter	1,229,803
Total	$ 1,786,828

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail) $ in Thousands	12 Months Ended
	Feb. 04, 2018USD ($)
Other Commitments [Line Items]
Litigation charge	$ 2,550
Legal gross settlement cost	7,500
Insurance recoveries	$ 4,950

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Detail) - shares	3 Months Ended		6 Months Ended
	Aug. 04, 2019	Aug. 05, 2018	Aug. 04, 2019	Aug. 05, 2018
Earnings Per Share [Abstract]
Weighted average anti-dilutive options excluded from calculation of common equivalent shares	160,967	90,143	97,502	99,331

Earnings Per Share - Summary of

Earnings Per Share - Summary of Calculation of Basic and Diluted Earnings Per Share (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Aug. 04, 2019	Aug. 05, 2018	Aug. 04, 2019	Aug. 05, 2018
Numerator:
Net income	$ 32,356	$ 33,779	$ 74,799	$ 75,929
Denominator:
Weighted average number of common shares outstanding (basic)	35,407,965	39,355,105	36,117,815	39,525,263
Weighted average dilutive impact of equity-based awards	607,745	925,196	685,186	918,938
Weighted average number of common and common equivalent shares outstanding (diluted)	36,015,710	40,280,301	36,803,001	40,444,201
Net income per share:
Basic	$ 0.91	$ 0.86	$ 2.07	$ 1.92
Diluted	$ 0.90	$ 0.84	$ 2.03	$ 1.88

Share-Based Compensation - Addi

Share-Based Compensation - Additional Information (Detail) - USD ($) $ in Thousands	6 Months Ended
	Aug. 04, 2019	Aug. 05, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Excess income tax benefit related to stock-based compensation plans	$ 884	$ 1,919
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total intrinsic value of stock options exercised	2,505
Unrecognized expense related to stock option plan	$ 3,916
Unrecognized compensation expense, weighted average years	2 years 6 months
Restricted Stock Units (RSU's) and Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation expense, weighted average years	2 years 2 months 12 days
Unrecognized expense related to unvested restricted stock and RSUs	$ 6,911

Share-Based Compensation - Summ

Share-Based Compensation - Summary of Compensation Expenses (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Aug. 04, 2019	Aug. 05, 2018	Aug. 04, 2019	Aug. 05, 2018
Share-based Compensation [Abstract]
Stock options	$ 804	$ 660	$ 1,563	$ 2,018
RSU's and restricted stock	1,103	966	2,169	1,996
Total share-based compensation expense	$ 1,907	$ 1,626	$ 3,732	$ 4,014

Share-Based Compensation - Tran

Share-Based Compensation - Transactions Related to Stock Option Awards (Detail)	6 Months Ended
	Aug. 04, 2019$ / sharesshares
2014 Stock Incentive Plan [Member]
Number of Options
Options outstanding at February 3, 2019 | shares	1,134,218
Granted | shares	222,266
Exercised | shares	(8,390)
Forfeited | shares	(2,882)
Options outstanding at Aug 4, 2019 | shares	1,345,212
Options exercisable at Aug 4, 2019 | shares	920,104
Weighted Average Exercise Price
Options outstanding at February 3, 2019 | $ / shares	$ 34.22
Granted | $ / shares	52.04
Exercised | $ / shares	37.86
Forfeited | $ / shares	49.62
Options outstanding at Aug 4, 2019 | $ / shares	37.11
Options exercisable at Aug 4, 2019 | $ / shares	$ 31.35
2010 Stock Incentive Plan [Member]
Number of Options
Options outstanding at February 3, 2019 | shares	359,984
Exercised | shares	(52,135)
Options outstanding at Aug 4, 2019 | shares	307,849
Options exercisable at Aug 4, 2019 | shares	307,849
Weighted Average Exercise Price
Options outstanding at February 3, 2019 | $ / shares	$ 6.48
Exercised | $ / shares	5.67
Options outstanding at Aug 4, 2019 | $ / shares	6.62
Options exercisable at Aug 4, 2019 | $ / shares	$ 6.62

Share-Based Compensation - Tr_2

Share-Based Compensation - Transactions Related to Time-based and Performance-based RSU's and Restricted Stock (Detail) - Time-Based and Performance-Based RSU's [Member]	6 Months Ended
	Aug. 04, 2019$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted Stock Awards, February 3, 2019 | shares	220,830
Restricted Stock Awards, Granted | shares	72,768
Restricted Stock Awards, Change in units based on performance | shares	27,372
Restricted Stock Awards, Vested | shares	(99,124)
Restricted Stock Awards, Forfeited | shares	(1,562)
Restricted Stock Awards, August 4, 2019 | shares	220,284
Weighted Average Grant Date Fair Value, February 3, 2019 | $ / shares	$ 47.79
Weighted Average Grant Date Fair Value, Granted | $ / shares	52.09
Weighted Average Fair Value Grant Date, Change in units based on performance | $ / shares	39.10
Weighted Average Fair Value, Vested | $ / shares	39.64
Weighted Average Fair Value, Forfeited | $ / shares	49.34
Weighted Average Fair Value, August 4, 2019 | $ / shares	$ 51.79