Dave & Buster's Entertainment (PLAY) 10-Q 10 Jun 21 2021 Q1 Quarterly report Financial data

Cover Page

Cover Page - shares	3 Months Ended
	May 02, 2021	Jun. 04, 2021
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	May 2, 2021
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q1
Document Quarterly Report	true
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	--01-30
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		48,157,786
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Current Reporting Status	Yes
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 Tax Identification Number	35-2382255
Entity Shell Company	false
Title of 12(b) Security	Common Stock $0.01 par value
Security Exchange Name	NASDAQ

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	May 02, 2021	Jan. 31, 2021
Current assets:
Cash and cash equivalents	$ 20,154	$ 11,891
Inventories	22,812	23,807
Prepaid expenses	11,681	11,878
Income taxes receivable	55,224	70,064
Other current assets	1,572	1,231
Total current assets	111,443	118,871
Property and equipment (net of $832,079 and $798,804 accumulated depreciation as of May 2, 2021 and January 31, 2021, respectively)	792,296	815,027
Operating lease right of use assets	1,029,315	1,037,569
Deferred tax assets	7,451	5,874
Tradenames	79,000	79,000
Goodwill	272,552	272,597
Other assets and deferred charges	25,918	23,886
Total assets	2,317,975	2,352,824
Current liabilities:
Accounts payable	39,418	36,400
Accrued liabilities	238,511	234,790
Income taxes payable	1,291	446
Total current liabilities	279,220	271,636
Deferred income taxes	10,910	13,658
Operating lease liabilities	1,258,169	1,267,791
Other liabilities	53,932	50,119
Long-term debt, net	537,102	596,388
Commitments and contingencies
Stockholders' equity:
Common stock, par value $0.01; authorized: 400,000,000 shares; issued: 60,691,906 shares at May 2, 2021 and 60,488,833 shares at January 31, 2021; outstanding: 47,844,608 shares at May 2, 2021 and 47,646,606 shares at January 31, 2021	607	605
Preferred stock, 50,000,000 authorized; none issued
Paid-in capital	535,768	531,191
Treasury stock, 12,847,298 and 12,842,227 shares as of May 2, 2021 and January 31, 2021, respectively	(596,206)	(595,970)
Accumulated other comprehensive loss	(7,653)	(9,085)
Retained earnings	246,126	226,491
Total stockholders' equity	178,642	153,232
Total liabilities and stockholders' equity	$ 2,317,975	$ 2,352,824

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	May 02, 2021	Jan. 31, 2021
Statement of Financial Position [Abstract]
Property and equipment, accumulated depreciation	$ 832,079	$ 798,804
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	400,000,000	400,000,000
Common stock, shares issued	60,691,906	60,488,833
Common stock, shares outstanding	47,844,608	47,646,606
Preferred stock, shares authorized	50,000,000	50,000,000
Preferred stock, shares issued	0	0
Treasury stock, shares	12,847,298	12,842,227

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended
	May 02, 2021	May 03, 2020
Total revenues	$ 265,340	$ 159,806
Total cost of products	39,771	28,072
Operating payroll and benefits	50,279	43,737
Other store operating expenses	84,445	95,672
General and administrative expenses	17,091	14,563
Depreciation and amortization expense	35,099	35,352
Pre-opening costs	1,659	3,823
Total operating costs	228,344	221,219
Operating income (loss)	36,996	(61,413)
Interest expense, net	14,820	6,115
Income (loss) before provision (benefit) for income taxes	22,176	(67,528)
Provision (benefit) for income taxes	2,541	(23,984)
Net income (loss)	19,635	(43,544)
Unrealized foreign currency translation gain (loss)	61	(435)
Unrealized gain (loss) on derivatives, net of tax	1,371	(4,949)
Total other comprehensive income (loss)	1,432	(5,384)
Total comprehensive income (loss)	$ 21,067	$ (48,928)
Net income (loss) per share:
Basic	$ 0.41	$ (1.37)
Diluted	$ 0.40	$ (1.37)
Weighted average shares used in per share calculations:
Basic	47,695,705	31,829,985
Diluted	49,331,092	31,829,985
Amusement and Other Revenues [Member]
Total revenues	$ 179,582	$ 95,886
Cost of amusement and other	16,614	10,728
Food and Beverage [Member]
Total revenues	85,758	63,920
Cost of food and beverage	$ 23,157	$ 17,344

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 Income (loss) [Member]	Retained Earnings [Member]
Beginning balance at Feb. 02, 2020	$ 169,650	$ 434	$ 339,161	$ (595,041)	$ (8,369)	$ 433,465
Beginning balance, shares at Feb. 02, 2020		43,386,852		12,783,512
Net income (loss)	(43,544)					(43,544)
Unrealized foreign currency translation gain	(435)				(435)
Unrealized gain on derivatives, net of tax	(4,949)				(4,949)
Share-based compensation	(389)		(389)
Issuance of common stock	72,338	$ 62	72,276
Issuance of common stock, shares		6,191,499
Repurchase of common stock	(36)			$ (36)
Repurchase of common stock, shares				3,112
Ending balance at May. 03, 2020	192,635	$ 496	411,048	$ (595,077)	(13,753)	389,921
Ending balance, shares at May. 03, 2020		49,578,351		12,786,624
Beginning balance at Jan. 31, 2021	153,232	$ 605	531,191	$ (595,970)	(9,085)	226,491
Beginning balance, shares at Jan. 31, 2021		60,488,833		12,842,227
Net income (loss)	19,635					19,635
Unrealized foreign currency translation gain	61				61
Unrealized gain on derivatives, net of tax	1,371				1,371
Share-based compensation	2,971		2,971
Issuance of common stock	1,608	$ 2	1,606
Issuance of common stock, shares		203,073
Repurchase of common stock	(236)			$ (236)
Repurchase of common stock, shares				5,071
Ending balance at May. 02, 2021	$ 178,642	$ 607	$ 535,768	$ (596,206)	$ (7,653)	$ 246,126
Ending balance, shares at May. 02, 2021		60,691,906		12,847,298

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	May 02, 2021	May 03, 2020
Cash flows from operating activities:
Net income (loss)	$ 19,635	$ (43,544)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization expense	35,099	35,352
Non-cash interest expense	1,887	314
Impairment of long-lived assets		11,549
Deferred taxes	(4,840)	(892)
Loss on disposal of fixed assets	145	153
Share-based compensation	2,971	(389)
Other, net	950	(156)
Changes in assets and liabilities:
Inventories	995	(249)
Prepaid expenses	197	1,828
Income tax receivable	14,840	(20,910)
Other current assets	(341)	1,271
Other assets and deferred charges	(2,097)	(110)
Accounts payable	1,173	21,441
Accrued liabilities	8,667	11,647
Income taxes payable	845	(1,847)
Other liabilities	(2,930)	1,359
Net cash provided by operating activities	77,196	16,817
Cash flows from investing activities:
Capital expenditures	(10,359)	(55,168)
Proceeds from sales of property and equipment	54	18
Net cash used in investing activities	(10,305)	(55,150)
Cash flows from financing activities:
Proceeds from debt	19,000	138,000
Payments of debt	(79,000)	(34,750)
Net proceeds from the issuance of common stock		72,144
Proceeds from the exercise of stock options	1,608	44
Dividends paid		(4,891)
Repurchases of common stock to satisfy employee withholding tax obligations	(236)	(36)
Net cash provided by (used in) financing activities	(58,628)	170,511
Increase in cash and cash equivalents	8,263	132,178
Beginning cash and cash equivalents	11,891	24,655
Ending cash and cash equivalents	20,154	156,833
Supplemental disclosures of cash flow information:
Increase (decrease) in fixed asset accounts payable	1,845	(7,717)
Cash paid (refund received) for income taxes, net	(8,525)	(357)
Cash paid for interest, net	$ 22,525	$ 5,574

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
	May 02, 2021
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 1: Summary of Significant Accounting Policies The accompanying unaudited consolidated financial statements include the accounts of Dave & Buster’s Entertainment, Inc. (referred to herein as the “Company”, “we,” “us” and “our”), any predecessor companies and its wholly-owned subsidiaries, Dave & Buster’s Holdings, Inc. (“D&B Holdings”), which owns 100% of the outstanding common stock of Dave & Busters, Inc. (“D&B Inc”), the operating company. All intercompany balances and transactions have been eliminated in consolidation. The Company, headquartered in Dallas, Texas, is a leading operator of high-volume entertainment and dining venues (“stores”) in North America for adults and families under the name “Dave & Buster’s”. The Company operates its business as one operating and one reportable segment. During the thirteen weeks ended May 2, 2021, we opened one new store located in Gainesville, Florida. As of May 2, 2021, we owned and operated 141 stores located in 40 states, Puerto Rico and one Canadian province. The Company operates on a 52 or 53-week 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. Our quarterly financial data should be read in conjunction with the audited financial statements and notes thereto for the year ended January 31, 2021, included in our Annual Report on Form 10-K COVID-19 COVID-19 non-essential To-Go On April 30, 2020, our first store re-opened re-opened re-opened COVID-19 COVID-19 During the first quarter of fiscal 2021, the Company re-opened re-closed As stores were re-opened As the COVID-19 pandemic continued In addition to reducing or deferring expenditures, including capital expenditures and discretionary spending, during fiscal 2020, the Company obtained additional liquidity through the sale of common stock, which resulted in net proceeds of $182,207. On October 27, 2020, D&B Inc completed the private sale of $550,000 in aggregate principal amount of 7.625% senior secured notes due 2025. At the same time, the revolving credit commitments under our existing credit facility were extended through August 17, 2024, and the suspension of our financial ratio covenants was extended until the last day of the first quarter of fiscal year 2022. See Note 3, Debt, for more information on these transactions. The measures taken by the Company as well as the re-opening COVID-19 re-engagement re-closures The preparation of consolidated financial statements in conformity with GAAP requires us to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses and related disclosures of contingent assets and liabilities at the date of the consolidated financial statements and for the period then ended. Actual results could differ from those estimates. Operating results for the thirteen weeks ended May 2, 2021 are not necessarily indicative of results 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. 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 and third-party valuation specialists. These valuation models are based on the present value of expected cash flows using forward rate curves. The fair value of our revolving credit facility was was at May 2, 2021 and January 31, 2021, respectively. The fair value of the Company’s debt is determined based on a discounted cash flow method, using a sector-specific yield curve based on market-derived, trade price data as of the measurement date, and is classified as a Level Two input within the fair value hierarchy. The Company also measures certain non-financial right-of-use non-recurring During the first quarter of fiscal 2020, the Company recorded an impairment charge for its long-lived assets, including ROU assets, of $6,746, primarily driven by the expected impact of the COVID-19 COVID-19 During the first quarter of fiscal 2020, the Company during fiscal Interest rate swaps Effective intervals, a variable rate of interest based on one-month The Company initially designated its interest rate swap agreements as a cash flow hedge and accounted for the underlying activity in accordance with hedge accounting. Effective April 14, 2020, the Company amended its existing credit facility agreement to obtain relief from its financial covenants, and as a result, the variable interest rate terms were modified to create an interest rate floor of 1.00%. Accordingly, and as a result of the then current forward interest rate curve, the Company discontinued the hedging relationship as of April 14, 2020 (de-designation de-designation pre-tax de-designation, . Prior to the de-designation, Credit risk related to the failure of our counterparties to perform under the terms of the swap agreements is minimized by entering into transactions with carefully selected, credit-worthy parties and the fact that the swap contracts are distributed among several financial institutions to reduce the concentration of credit risk. Our swap agreements with our derivative counterparties contain a provision where if the Company defaults on any of its indebtedness, and r . The following derivative instruments were outstanding as of the end of the periods indicated: Fair Value Balance Sheet Location May 2, 2021 January 31, 2021 Interest rate swaps Accrued liabilities $ (8,184 ) $ (8,350 ) Interest rate swaps Other liabilities (2,366 ) (4,416 ) Total derivatives $ (10,550 ) $ (12,766 ) The following table summarizes the activity in accumulated other comprehensive loss related to our derivative instruments: Thirteen weeks Thirteen weeks Amount of loss recorded in accumulated other comprehensive income $ — $ 7,602 Amount of loss reclassified into income (1) $ (1,887 ) $ (793 ) Income tax expense (benefit) in accumulated other comprehensive income $ 516 $ (1,860 ) (1) Amounts reclassified into income are included in “Interest expense, net” in the Consolidated Statements of Comprehensive Income (Loss). Revenue recognition 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 weeks ended May 2, 2021, we recognized revenue of approximately $900 related to the amount in deferred gift card revenue as Stockholders’ equity On April 14, 2020, pursuant to an open market sale agreement, the Company sold 6,149,936 shares of its common stock at a price of $12.20 per share, for proceeds of $75,000, prior to deducting offering expenses related to the offering. During May 2020, the Company entered into an underwriting agreement, pursuant to which it sold an additional 10,593,416 shares of its common stock (including shares under an over-allotment option) at a price of $10.44 per share, for proceeds of $110,600, prior to deducting offering costs. Effective March 18, 2020, the Board of Directors of the Company adopted a 364-day one-ten Earnings per share Thirteen weeks May 2, 2021 Thirteen weeks May 3, 2020 Basic weighted average shares outstanding 47,695,705 31,829,985 Weighted average dilutive impact of awards (1) 1,635,387 — Diluted weighted average shares outstanding 49,331,092 31,829,985 (1) Amounts exclude all potential common and common equivalent shares for periods when there is a net loss. Recently adopted accounting guidance 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes Recent accounting pronouncements 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Reform on Financial Reporting de-designation de-designation

Accrued Liabilities

Accrued Liabilities	3 Months Ended
	May 02, 2021
Other Liabilities Disclosure [Abstract]
Accrued Liabilities	Note 2: Accrued Liabilities Accrued liabilities consist of the following as of the end of each period: May 2, 2021 January 31, 2021 Deferred amusement revenue $ 87,638 $ 78,852 Current portion of operating lease liabilities, net (1) 52,212 46,471 Current portion of deferred occupancy costs 23,587 36,121 Compensation and benefits 19,208 13,846 Deferred gift card revenue 10,513 10,918 Property taxes 8,222 8,149 Current portion of derivatives 8,184 8,350 Current portion of long-term insurance 5,000 5,100 Utilities 4,559 4,151 Sales and use taxes 3,829 1,385 Customer deposits 2,577 1,373 Accrued interest 490 11,321 Other 12,492 8,753 Total accrued liabilities $ 238,511 $ 234,790 (1) The balance of leasehold incentive receivables of $2,611 and $8,763 at May 2, 2021 and January 31, 2021, respectively, is reflected as a reduction of the current portion of operating lease liabilities.

Debt

Debt	3 Months Ended
	May 02, 2021
Debt Disclosure [Abstract]
Debt	Note 3: Debt Long-term debt consists of the following: May 2, 2021 January 31, 2021 Senior secured notes $ 550,000 $ 550,000 Credit facility - revolver — 60,000 Total debt outstanding 550,000 610,000 Less debt issuance costs (12,898 ) (13,612 ) Long-term debt, net $ 537,102 $ 596,388 On October 27, 2020, the Company issued $550,000 aggregate principal amount of 7.625% senior secured notes (the “Notes”). Interest on the Notes accrues from October 27, 2020 and is payable in arrears on November 1 and May 1 of each year, commencing on May 1, 2021. The Notes mature on November 1, 2025, unless earlier redeemed, and are subject to the terms and conditions set forth in the related indenture. The Notes were issued by D&B Inc and are unconditionally guaranteed by D&B Holdings and certain of D&B Inc’s existing and future wholly owned material domestic subsidiaries, which is substantially the same as the guarantors of the Company’s existing credit facility. Concurrent and subject to the issuance of the Notes, the Company entered into a second amendment to its existing credit facility, which included relief from testing compliance with certain financial covenants until the last day of the fiscal quarter ending on May 1, 2022. During the financial covenant suspension period the Company is required to maintain minimum liquidity (primarily availability under the credit facility) of $150,000. The second amendment extended the maturity date of the $500,000 revolving portion of the facility from August 17, 2022 to August 17, 2024, increased the interest rate spread to 4.00% during the financial covenant suspension period, and instituted a 1.00% utilization fee during that same time period. The utilization fee is due at maturity. After the financial covenant suspension period, the interest rate spread ranges from 1.25% to 3.00%. The second amendment terminated the term loan portion of the credit facility, which triggered payment of $1,900 of lender debt costs associated with the first amendment. The first amendment, effective April 14, 2020, provided initial relief from compliance with financial covenants after the COVID-19 The Company used the proceeds of the Notes offering, along with cash on hand, to repay the $255,000 principal balance of the term loan facility, $463,000 of borrowings under the revolving credit facility, and related accrued interest. The Company incurred debt costs of Our credit facility and Notes contain 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. For the first quarter of fiscal 2021 and fiscal 2020, the Company’s weighted average interest rate on outstanding borrowings was 10.15% and 3.59%, respectively. As of May 2, 2021, we had letters of credit outstanding of $10,486 and an unused commitment balance of $489,514 under the revolving credit facility. Interest expense, net Thirteen Weeks Ended May 2, 2021 May 3, 2020 Interest expense on debt $ 12,101 5,299 Interest associated with swap agreements 1,887 793 Amortization of issuance cost 1,102 242 Interest income — (22 ) Capitalized interest (270 ) (197 ) Total interest expense, net $ 14,820 $ 6,115

Leases

Leases	3 Months Ended
	May 02, 2021
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. Operating lease cost, variable lease cost and short-term lease cost related primarily to our facilities is included in “Other store operating expenses” for our operating stores, “Pre-opening The components of lease expense, including variable lease costs primarily consisting of common area maintenance charges and property taxes, are as follows for the fiscal year ended: Thirteen Weeks Ended May 2, 2021 May 3, 2020 Operating lease cost $ 33,294 33,563 Variable lease cost 7,389 7,366 Short-term lease cost 123 87 Total $ 40,806 $ 41,016 During fiscal 2020, the Company entered into 126 initial rent relief agreements with our respective landlords on operating locations and our corporate headquarters. Under these agreements, certain rent payments will be abated, deferred or modified without penalty for various periods, generally providing for full deferral for three months beginning April 2020, with partial deferrals continuing for periods of up to six months at approximately 50% of those locations. As the COVID-19 beyond continuing COVID-19 modifications, unless the concession results in a substantial increase in the Company’s obligations. To date, 195 of our 212 rent relief agreements qualified for this accounting election, and the remaining agreements were treated as lease modifications, primarily due to a significant extension of the lease term. The Company has bifurcated our current operating lease liabilities into the portion that remains subject to accretion and the portion that is accounted for as a deferral of payments or as short payments. The current portion of deferred occupancy costs or short pays is included in “Accrued liabilities” and the balance, or $ and $ at May , and January , , respectively, is included in “Other liabilities” in the Consolidated Balance Sheets.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	May 02, 2021
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 The Company is a defendant in several lawsuits filed in courts in California alleging violations of California Business and Professions Code, industry wage orders, wage-and-hour The Company continues to aggressively defend the remaining cases.

Share-Based Compensation

Share-Based Compensation	3 Months Ended
	May 02, 2021
Share-based Payment Arrangement [Abstract]
Share-Based Compensation	Note 6: Share-Based Compensation Compensation expense related to stock options and restricted stock units is included in “General and administrative expenses” in the Consolidated Statements of Comprehensive Income (Loss) and is as follows: Thirteen Weeks Ended May 2, 2021 May 3, 2020 Stock options $ 274 540 Restricted stock units 2,697 (929 ) Share-based compensation expense $ 2,971 $ (389 ) Transactions related to stock option awards during the thirteen weeks ended May 2, 2021 were as follows: 2014 Stock Incentive Plan 2010 Stock Incentive Plan Number Wtd. Avg. Number Wtd. Avg. Outstanding at January 31, 2021 1,231,601 $ 36.77 173,563 $ 7.51 Granted — — — — Exercised (75,463 ) 16.75 (55,122 ) 6.24 Forfeited (9,056 ) 43.86 — — Outstanding at May 2, 2021 1,147,082 $ 38.04 118,441 $ 8.09 Exercisable at May 2, 2021 1,077,161 $ 37.11 118,441 $ 8.09 The total intrinsic value of options exercised during the thirteen weeks ended May 2, 2021 was $4,270. The unrecognized expense related to our stock option plan totaled approximately $306 as of May 2, 2021 and will be expensed over a weighted average period of 0.9 years. Transactions related to restricted stock units during the thirteen weeks ended May 2, 2021, were as follows: Shares Wtd. Avg. Outstanding at January 31, 2021 1,116,341 $ 17.32 Granted 226,153 50.60 Vested (72,488 ) 15.69 Forfeited (43,074 ) 40.24 Outstanding at May 2, 2021 1,226,932 $ 22.75 Fair value of our time-based and performance-based restricted stock units is based on our closing stock price on the date of grant. The grand date fair value of market stock units was determined using a Monte-Carlo simulation model. The unrecognized expense related to restricted stock units was $15,725 as of May 2, 2021 and will be expensed over a weighted average period of 2.3 years. During the thirteen weeks ended May 2, 2021 and May 3, 2020, excess tax expense (benefit) of $(1,135) and $140, respectively, were recognized in the “Provision (benefit) for income taxes” in the Consolidated Statement of Comprehensive Income (Loss) and classified as a source in operating activities in the Consolidated Statement of Cash Flows.

Income Taxes

Income Taxes	3 Months Ended
	May 02, 2021
Income Tax Disclosure [Abstract]
Income Taxes	Note 7: Income Taxes On March 27, 2020, the Coronavirus Aid, Relief and Economic Security Act (“CARES Act”) was signed into law. Intended to provide economic relief to those impacted by the COVID-19 The Company has historically calculated the provision for income taxes during interim reporting periods by applying an estimate of the annualized effective tax rate for the full fiscal year to “ordinary” income or loss for the reporting period. Due to the uncertainty created by the events surrounding the COVID-19 pandemic, the actual effective tax rate for the year to date period was used to calculate the income tax provision (benefit) for the first quarter of fiscal 2021 and the first quarter of fiscal 2020. % for the thirteen weeks ended May 3, 2020. The current quarter tax provision includes higher excess tax benefits associated with share-based compensation while the prior year was a tax benefit primarily due to the impact of the pre-tax loss before income tax and the impact of the tax provisions within the CARES Act.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	May 02, 2021
Accounting Policies [Abstract]
Description of the business	The accompanying unaudited consolidated financial statements include the accounts of Dave & Buster’s Entertainment, Inc. (referred to herein as the “Company”, “we,” “us” and “our”), any predecessor companies and its wholly-owned subsidiaries, Dave & Buster’s Holdings, Inc. (“D&B Holdings”), which owns 100% of the outstanding common stock of Dave & Busters, Inc. (“D&B Inc”), the operating company. All intercompany balances and transactions have been eliminated in consolidation. The Company, headquartered in Dallas, Texas, is a leading operator of high-volume entertainment and dining venues (“stores”) in North America for adults and families under the name “Dave & Buster’s”. The Company operates its business as one operating and one reportable segment. During the thirteen weeks ended May 2, 2021, we opened one new store located in Gainesville, Florida. As of May 2, 2021, we owned and operated 141 stores located in 40 states, Puerto Rico and one Canadian province. The Company operates on a 52 or 53-week 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. Our quarterly financial data should be read in conjunction with the audited financial statements and notes thereto for the year ended January 31, 2021, included in our Annual Report on Form 10-K
COVID-19 Considerations	COVID-19 COVID-19 non-essential To-Go On April 30, 2020, our first store re-opened re-opened re-opened COVID-19 COVID-19 During the first quarter of fiscal 2021, the Company re-opened re-closed As stores were re-opened As the COVID-19 pandemic continued In addition to reducing or deferring expenditures, including capital expenditures and discretionary spending, during fiscal 2020, the Company obtained additional liquidity through the sale of common stock, which resulted in net proceeds of $182,207. On October 27, 2020, D&B Inc completed the private sale of $550,000 in aggregate principal amount of 7.625% senior secured notes due 2025. At the same time, the revolving credit commitments under our existing credit facility were extended through August 17, 2024, and the suspension of our financial ratio covenants was extended until the last day of the first quarter of fiscal year 2022. See Note 3, Debt, for more information on these transactions. The measures taken by the Company as well as the re-opening COVID-19 re-engagement re-closures The preparation of consolidated financial statements in conformity with GAAP requires us to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses and related disclosures of contingent assets and liabilities at the date of the consolidated financial statements and for the period then ended. Actual results could differ from those estimates. Operating results for the thirteen weeks ended May 2, 2021 are not necessarily indicative of results
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. 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 and third-party valuation specialists. These valuation models are based on the present value of expected cash flows using forward rate curves. The fair value of our revolving credit facility was was at May 2, 2021 and January 31, 2021, respectively. The fair value of the Company’s debt is determined based on a discounted cash flow method, using a sector-specific yield curve based on market-derived, trade price data as of the measurement date, and is classified as a Level Two input within the fair value hierarchy. The Company also measures certain non-financial right-of-use non-recurring During the first quarter of fiscal 2020, the Company recorded an impairment charge for its long-lived assets, including ROU assets, of $6,746, primarily driven by the expected impact of the COVID-19 COVID-19 During the first quarter of fiscal 2020, the Company during fiscal
Interest rate swap	Interest rate swaps Effective intervals, a variable rate of interest based on one-month The Company initially designated its interest rate swap agreements as a cash flow hedge and accounted for the underlying activity in accordance with hedge accounting. Effective April 14, 2020, the Company amended its existing credit facility agreement to obtain relief from its financial covenants, and as a result, the variable interest rate terms were modified to create an interest rate floor of 1.00%. Accordingly, and as a result of the then current forward interest rate curve, the Company discontinued the hedging relationship as of April 14, 2020 (de-designation de-designation pre-tax de-designation, . Prior to the de-designation, Credit risk related to the failure of our counterparties to perform under the terms of the swap agreements is minimized by entering into transactions with carefully selected, credit-worthy parties and the fact that the swap contracts are distributed among several financial institutions to reduce the concentration of credit risk. Our swap agreements with our derivative counterparties contain a provision where if the Company defaults on any of its indebtedness, and r . The following derivative instruments were outstanding as of the end of the periods indicated: Fair Value Balance Sheet Location May 2, 2021 January 31, 2021 Interest rate swaps Accrued liabilities $ (8,184 ) $ (8,350 ) Interest rate swaps Other liabilities (2,366 ) (4,416 ) Total derivatives $ (10,550 ) $ (12,766 ) The following table summarizes the activity in accumulated other comprehensive loss related to our derivative instruments: Thirteen weeks Thirteen weeks Amount of loss recorded in accumulated other comprehensive income $ — $ 7,602 Amount of loss reclassified into income (1) $ (1,887 ) $ (793 ) Income tax expense (benefit) in accumulated other comprehensive income $ 516 $ (1,860 ) (1) Amounts reclassified into income are included in “Interest expense, net” in the Consolidated Statements of Comprehensive Income (Loss).
Revenue recognition	Revenue recognition 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 weeks ended May 2, 2021, we recognized revenue of approximately $900 related to the amount in deferred gift card revenue as
Stockholders' equity	Stockholders’ equity On April 14, 2020, pursuant to an open market sale agreement, the Company sold 6,149,936 shares of its common stock at a price of $12.20 per share, for proceeds of $75,000, prior to deducting offering expenses related to the offering. During May 2020, the Company entered into an underwriting agreement, pursuant to which it sold an additional 10,593,416 shares of its common stock (including shares under an over-allotment option) at a price of $10.44 per share, for proceeds of $110,600, prior to deducting offering costs. Effective March 18, 2020, the Board of Directors of the Company adopted a 364-day one-ten
Earnings per share	Earnings per share Thirteen weeks May 2, 2021 Thirteen weeks May 3, 2020 Basic weighted average shares outstanding 47,695,705 31,829,985 Weighted average dilutive impact of awards (1) 1,635,387 — Diluted weighted average shares outstanding 49,331,092 31,829,985 (1) Amounts exclude all potential common and common equivalent shares for periods when there is a net loss.
Recently adopted accounting guidance	Recently adopted accounting guidance 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes
Recent accounting pronouncements	Recent accounting pronouncements 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Reform on Financial Reporting de-designation de-designation

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	3 Months Ended
	May 02, 2021
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 periods indicated: Fair Value Balance Sheet Location May 2, 2021 January 31, 2021 Interest rate swaps Accrued liabilities $ (8,184 ) $ (8,350 ) Interest rate swaps Other liabilities (2,366 ) (4,416 ) Total derivatives $ (10,550 ) $ (12,766 )
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 derivative instruments: Thirteen weeks Thirteen weeks Amount of loss recorded in accumulated other comprehensive income $ — $ 7,602 Amount of loss reclassified into income (1) $ (1,887 ) $ (793 ) Income tax expense (benefit) in accumulated other comprehensive income $ 516 $ (1,860 ) (1) Amounts reclassified into income are included in “Interest expense, net” in the Consolidated Statements of Comprehensive Income (Loss).
Summary of Calculation of Basic and Diluted Earnings Per Share	Basic weighted average shares outstanding are reconciled to diluted weighted average shares outstanding as Thirteen weeks May 2, 2021 Thirteen weeks May 3, 2020 Basic weighted average shares outstanding 47,695,705 31,829,985 Weighted average dilutive impact of awards (1) 1,635,387 — Diluted weighted average shares outstanding 49,331,092 31,829,985 (1) Amounts exclude all potential common and common equivalent shares for periods when there is a net loss.

Accrued Liabilities (Tables)

Accrued Liabilities (Tables)	3 Months Ended
	May 02, 2021
Text Block [Abstract]
Accrued Liabilities	Accrued liabilities consist of the following as of the end of each period: May 2, 2021 January 31, 2021 Deferred amusement revenue $ 87,638 $ 78,852 Current portion of operating lease liabilities, net (1) 52,212 46,471 Current portion of deferred occupancy costs 23,587 36,121 Compensation and benefits 19,208 13,846 Deferred gift card revenue 10,513 10,918 Property taxes 8,222 8,149 Current portion of derivatives 8,184 8,350 Current portion of long-term insurance 5,000 5,100 Utilities 4,559 4,151 Sales and use taxes 3,829 1,385 Customer deposits 2,577 1,373 Accrued interest 490 11,321 Other 12,492 8,753 Total accrued liabilities $ 238,511 $ 234,790 (1) The balance of leasehold incentive receivables of $2,611 and $8,763 at May 2, 2021 and January 31, 2021, respectively, is reflected as a reduction of the current portion of operating lease liabilities.

Debt (Tables)

Debt (Tables)	3 Months Ended
	May 02, 2021
Debt Disclosure [Abstract]
Long-Term Debt	Long-term debt consists of the following: May 2, 2021 January 31, 2021 Senior secured notes $ 550,000 $ 550,000 Credit facility - revolver — 60,000 Total debt outstanding 550,000 610,000 Less debt issuance costs (12,898 ) (13,612 ) Long-term debt, net $ 537,102 $ 596,388
Recorded Interest Expense, Net	Interest expense, net Thirteen Weeks Ended May 2, 2021 May 3, 2020 Interest expense on debt $ 12,101 5,299 Interest associated with swap agreements 1,887 793 Amortization of issuance cost 1,102 242 Interest income — (22 ) Capitalized interest (270 ) (197 ) Total interest expense, net $ 14,820 $ 6,115

Leases (Tables)

Leases (Tables)	3 Months Ended
	May 02, 2021
Lessee, Operating Lease, Disclosure	The components of lease expense, including variable lease costs primarily consisting of common area maintenance charges and property taxes, are as follows for the fiscal year ended: Thirteen Weeks Ended May 2, 2021 May 3, 2020 Operating lease cost $ 33,294 33,563 Variable lease cost 7,389 7,366 Short-term lease cost 123 87 Total $ 40,806 $ 41,016

Share-Based Compensation (Table

Share-Based Compensation (Tables)	3 Months Ended
	May 02, 2021
Share-based Payment Arrangement [Abstract]
Schedule of Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan	Compensation expense related to stock options and restricted stock units is included in “General and administrative expenses” in the Consolidated Statements of Comprehensive Income (Loss) and is as follows: Thirteen Weeks Ended May 2, 2021 May 3, 2020 Stock options $ 274 540 Restricted stock units 2,697 (929 ) Share-based compensation expense $ 2,971 $ (389 )
Transactions Related to Stock Options Awards	Transactions related to stock option awards during the thirteen weeks ended May 2, 2021 were as follows: 2014 Stock Incentive Plan 2010 Stock Incentive Plan Number Wtd. Avg. Number Wtd. Avg. Outstanding at January 31, 2021 1,231,601 $ 36.77 173,563 $ 7.51 Granted — — — — Exercised (75,463 ) 16.75 (55,122 ) 6.24 Forfeited (9,056 ) 43.86 — — Outstanding at May 2, 2021 1,147,082 $ 38.04 118,441 $ 8.09 Exercisable at May 2, 2021 1,077,161 $ 37.11 118,441 $ 8.09
Transactions Related to Restricted Stock Units	Transactions related to restricted stock units during the thirteen weeks ended May 2, 2021, were as follows: Shares Wtd. Avg. Outstanding at January 31, 2021 1,116,341 $ 17.32 Granted 226,153 50.60 Vested (72,488 ) 15.69 Forfeited (43,074 ) 40.24 Outstanding at May 2, 2021 1,226,932 $ 22.75

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Additional Information (Detail) $ / shares in Units, $ in Thousands	Oct. 27, 2020USD ($)	Apr. 14, 2020USD ($)$ / sharesshares	Mar. 18, 2020	May 31, 2020USD ($)$ / sharesshares	May 02, 2021USD ($)StoresStatesSegmentshares	May 03, 2020USD ($)shares	Jan. 31, 2021USD ($)Stores	Jan. 31, 2021USD ($)Stores	Mar. 30, 2020$ / shares	Mar. 20, 2020Stores
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Number of stores | Stores					141		140	140		137
Number of states store operates | States					40
Number of operating segment | Segment					1
Number of reportable segment | Segment					1
Book overdrafts reclassified to accounts payable					$ 11,196		$ 8,168	$ 8,168
Impairment Loss and Contract Termination Costs						$ 4,803
Impairment of long-lived assets						11,549
Payments Related to Tax Withholding for Share-based Compensation					236	$ 36
National amount of the swap agreement					$ 350,000
Derivative, Average Fixed Interest Rate					2.47%
Fair value of long term debt							62,114	62,114
Notes payable, fair value					$ 588,775		$ 576,033	576,033
Shares Paid for Tax Withholding for Share Based Compensation | shares					5,071	3,112
Debt Instrument, Interest Rate, Stated Percentage					10.15%	3.59%
Debt Instrument, Maturity Date, Description	senior secured notes due 2025
Proceeds from Issuance of Common Stock						$ 72,144
Weighted average anti-dilutive options excluded from calculation of common equivalent shares | shares					111,485	947,365
Shareholder Rights Plan [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Dividends Payable, Date Declared			Mar. 18, 2020
Dividends Payable, Nature Description			one preferred share purchase right for each outstanding share of common stock
Dividends Payable, Date of Record			Mar. 30, 2020
Preferred Stock, Par Value Per Share | $ / shares									$ 0.01
Exercise price of rights | $ / shares									$ 45
Common Stock [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Stock Issued During Period | shares		6,149,936		10,593,416	203,073	6,191,499
Sale of Stock, Price Per Share | $ / shares		$ 12.20		$ 10.44
Proceeds from Issuance of Common Stock		$ 75,000		$ 110,600				$ 182,207
COVID19 [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Number of stores | Stores					1
Number of additional stores reopened | Stores					31
Impairment of long-lived assets					$ 0	$ 6,746
Interest Rate Swap [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Interest payments reclassified to interest expense		$ 17,609
Interest payments to be reclassified during next 12 months					7,547
Interest payments reclassified to interest expense during the period					1,887	314
Loss on Derivative					$ 131	820
Settlement Of Cash Obligation [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Cash obligation						$ 150
Stock issued during period, shares, issued for services | shares						12,975
Secured Debt [Member] | Senior Notes [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Debt Instrument, Face Amount	$ 550,000
Debt Instrument, Interest Rate, Stated Percentage	7.625%
Stores Open [Member] | COVID19 [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Number of stores | Stores					138		107	107
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%
Canada [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Number of Canadian province | Segment					1
Gainesville Florida [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Number of stores | Stores					1
Amusement Revenue [Member] | Other Comprehensive Income (Loss) [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Deferred amusement revenue							$ 11,900
Gift Card Revenue [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Deferred amusement revenue							900
Gift card breakage revenue							$ 120

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Derivative Instruments Outstanding (Details) - USD ($) $ in Thousands	May 02, 2021	Jan. 31, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Current portion of derivatives	$ (8,184)	$ (8,350)
Non-current portion of derivatiives	(2,366)	(4,416)
Total derivatives	$ (10,550)	$ (12,766)

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
	May 02, 2021	May 03, 2020
Loss recognized in accumulated other comprehensive loss	$ 0	$ 7,602
Income tax benefit of interest rate swaps in accumulated other comprehensive loss	516	(1,860)
Interest Expense [Member]
Loss reclassified from accumulated other comprehensive loss into net earnings	$ (1,887)	$ (793)

Summary of Significant Accoun_7

Summary of Significant Accounting Policies - Summary of Calculation of Basic and Diluted Earnings Per Share (Detail) - shares	3 Months Ended
	May 02, 2021	May 03, 2020
Earnings Per Share [Abstract]
Basic weighted average shares outstanding	47,695,705	31,829,985
Weighted average dilutive impact of awards (1)	1,635,387	0
Diluted weighted average shares outstanding	49,331,092	31,829,985

Accrued Liabilities - Accrued L

Accrued Liabilities - Accrued Liabilities (Detail) - USD ($) $ in Thousands		May 02, 2021	Jan. 31, 2021
Accrued Liabilities, Current [Abstract]
Deferred amusement revenue		$ 87,638	$ 78,852
Current portion of operating lease liabilities, net (1)	[1]	52,212	46,471
Current portion of deferred occupancy costs		23,587	36,121
Compensation and benefits		19,208	13,846
Deferred gift card revenue		10,513	10,918
Property taxes		8,222	8,149
Current portion of derivatives		8,184	8,350
Current portion of long-term insurance		5,000	5,100
Utilities		4,559	4,151
Sales and use taxes		3,829	1,385
Customer deposits		2,577	1,373
Accrued interest		490	11,321
Other		12,492	8,753
Total accrued liabilities		$ 238,511	$ 234,790
[1]	The balance of leasehold incentive receivables of $2,611 and $8,763 at May 2, 2021 and January 31, 2021, respectively, is reflected as a reduction of the current portion of operating lease liabilities.

Accrued Liabilities - Accrued_2

Accrued Liabilities - Accrued Liabilities (Parenthetical) (Detail) - USD ($) $ in Thousands	May 02, 2021	Jan. 31, 2021
Accrued Liabilities, Current [Abstract]
Receivables for tenant improvement allowances	$ 2,611	$ 8,763

Debt - Additional Information (

Debt - Additional Information (Detail) - USD ($) $ in Thousands	Oct. 27, 2020	May 02, 2021	May 03, 2020
Debt Instrument [Line Items]
Weighted average interest rate on outstanding borrowings		10.15%	3.59%
Repayments of Long-term Debt		$ 255,000
Secured Debt [Member] | Senior Notes [Member]
Debt Instrument [Line Items]
Senior secured credit facility	$ 550,000
Maturity date	Nov. 1, 2025
Weighted average interest rate on outstanding borrowings	7.625%
Frequency of periodic interest payment	November 1 and May 1 of each year
Credit Facility [Member]
Debt Instrument [Line Items]
Letter of credit facility outstanding		10,486
Borrowing available		489,514
Credit facility outstanding		463,000
Credit Facility [Member] | First Amendment [Member]
Debt Instrument [Line Items]
Debt issuance costs		$ 1,900
Debt instrument interest rate		2.00%
Interest Rate LIBOR Floor		1.00%
Credit Facility [Member] | Second Amendment [Member]
Debt Instrument [Line Items]
Revolving credit facility, maximum borrowing capacity		$ 500,000
Debt instrument interest rate		4.00%
Write off of Deferred Debt Issuance Cost		$ 904
Debt instrument minimum liquidity covenant		$ 150,000
Utilization fee percent		1.00%
Credit Facility [Member] | Second Amendment [Member] | Senior Notes [Member]
Debt Instrument [Line Items]
Debt issuance costs		$ 18,300
Credit Facility [Member] | Minimum [Member] | Interest Rate Spread Post Financial Covenant Suspension Period [Member]
Debt Instrument [Line Items]
Debt instrument interest rate		1.25%
Credit Facility [Member] | Maximum [Member] | Interest Rate Spread Post Financial Covenant Suspension Period [Member]
Debt Instrument [Line Items]
Debt instrument interest rate		3.00%

Debt - Long-Term Debt (Detail)

Debt - Long-Term Debt (Detail) - USD ($) $ in Thousands	May 02, 2021	Jan. 31, 2021
Debt Instrument [Line Items]
Total debt outstanding	$ 550,000	$ 610,000
less: debt issuance costs	(12,898)	(13,612)
Long-term debt, net	537,102	596,388
Credit Facility—revolver [Member]
Debt Instrument [Line Items]
Total debt outstanding	0	60,000
Senior Secured Debt [Member]
Debt Instrument [Line Items]
Total debt outstanding	$ 550,000	$ 550,000

Debt - Recorded Interest Expens

Debt - Recorded Interest Expense, Net (Detail) - USD ($) $ in Thousands	3 Months Ended
	May 02, 2021	May 03, 2020
Debt Disclosure [Abstract]
Interest expense on debt	$ 12,101	$ 5,299
Interest associated with swap agreements	1,887	793
Amortization of issuance cost and discount	1,102	242
Interest income	0	(22)
Capitalized interest	(270)	(197)
Total interest expense, net	$ 14,820	$ 6,115

Leases - Additional Information

Leases - Additional Information (Detail) - USD ($) $ in Thousands	May 02, 2021	Jan. 31, 2021
Leases [Line Items]
Deferred occupancy costs	$ 23,587	$ 36,121
Other Liabilities [Member]
Leases [Line Items]
Deferred occupancy costs	$ 21,636	$ 16,243

Leases - Lease Expense (Detail)

Leases - Lease Expense (Detail) - USD ($) $ in Thousands	3 Months Ended
	May 02, 2021	May 03, 2020
Leases
Operating lease cost	$ 33,294	$ 33,563
Variable lease cost	7,389	7,366
Short-term lease cost	123	87
Total	$ 40,806	$ 41,016

Share-Based Compensation - Addi

Share-Based Compensation - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	May 02, 2021	May 03, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Excess income tax benefit related to stock-based compensation plans	$ (1,135)	$ 140
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total intrinsic value of stock options exercised	4,270
Unrecognized expense related to stock option plan	$ 306
Unrecognized compensation expense, weighted average years	10 months 24 days
Restricted Stock Units (RSU's) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation expense, weighted average years	2 years 3 months 18 days
Unrecognized expense related to unvested restricted stock and RSUs	$ 15,725

Share-Based Compensation - Sche

Share-Based Compensation - Schedule of Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan (Detail) - USD ($) $ in Thousands	3 Months Ended
	May 02, 2021	May 03, 2020
Share-based Payment Arrangement, Noncash Expense [Abstract]
Stock options	$ 274	$ 540
Restricted stock units	2,697	(929)
Share-based compensation expense	$ 2,971	$ (389)

Share-Based Compensation - Tran

Share-Based Compensation - Transactions Related to Stock Option Awards (Detail)	3 Months Ended
	May 02, 2021$ / sharesshares
2014 Stock Incentive Plan [Member]
Number of Options
Options outstanding at January 31, 2021 | shares	1,231,601
Exercised | shares	(75,463)
Forfeited | shares	(9,056)
Options outstanding at May 2, 2021 | shares	1,147,082
Options exercisable at May 2, 2021 | shares	1,077,161
Weighted Average Exercise Price
Options outstanding at January 31, 2021 | $ / shares	$ 36.77
Exercised | $ / shares	16.75
Forfeited | $ / shares	43.86
Options outstanding at May 2, 2021 | $ / shares	38.04
Options exercisable at May 2, 2021 | $ / shares	$ 37.11
2010 Stock Incentive Plan [Member]
Number of Options
Options outstanding at January 31, 2021 | shares	173,563
Exercised | shares	(55,122)
Options outstanding at May 2, 2021 | shares	118,441
Options exercisable at May 2, 2021 | shares	118,441
Weighted Average Exercise Price
Options outstanding at January 31, 2021 | $ / shares	$ 7.51
Exercised | $ / shares	6.24
Options outstanding at May 2, 2021 | $ / shares	8.09
Options exercisable at May 2, 2021 | $ / shares	$ 8.09

Share-Based Compensation - Tr_2

Share-Based Compensation - Transactions Related to Restricted Stock Units (Detail) - Restricted Stock Unit Awards [Member]	3 Months Ended
	May 02, 2021$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted Stock Awards, January 31, 2021 | shares	1,116,341
Restricted Stock Awards, Granted | shares	226,153
Restricted Stock Awards, Vested | shares	(72,488)
Restricted Stock Awards, Forfeited | shares	(43,074)
Restricted Stock Awards, May 2, 2021 | shares	1,226,932
Weighted Average Grant Date Fair Value, January 31, 2021 | $ / shares	$ 17.32
Weighted Average Grant Date Fair Value, Granted | $ / shares	50.60
Weighted Average Fair Value, Vested | $ / shares	15.69
Weighted Average Fair Value, Forfeited | $ / shares	40.24
Weighted Average Fair Value, May 2, 2021 | $ / shares	$ 22.75

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	May 02, 2021	May 03, 2020
Income Taxes [Line Items]
Corporate tax rate	11.50%	35.50%
Income tax refunds	$ 57,400