Dave & Buster's Entertainment (PLAY) 10-Q 7 Dec 21 2021 Q3 Quarterly report Financial data

Cover Page

Cover Page - shares	9 Months Ended
	Oct. 31, 2021	Dec. 02, 2021
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Oct. 31, 2021
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q3
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		48,422,820
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	Oct. 31, 2021	Jan. 31, 2021
Current assets:
Cash and cash equivalents	$ 27,005	$ 11,891
Inventories	37,256	23,807
Prepaid expenses	12,376	11,878
Income taxes receivable	67,646	70,064
Other current assets	2,101	1,231
Total current assets	146,384	118,871
Property and equipment (net of $891,352 and $798,804 accumulated depreciation as of October 31, 2021 and January 31, 2021, respectively)	779,518	815,027
Operating lease right of use assets	1,038,269	1,037,569
Deferred tax assets	9,467	5,874
Tradenames	79,000	79,000
Goodwill	272,561	272,597
Other assets and deferred charges	25,517	23,886
Total assets	2,350,716	2,352,824
Current liabilities:
Accounts payable	39,295	36,400
Accrued liabilities	250,948	234,790
Income taxes payable	435	446
Total current liabilities	290,678	271,636
Deferred income taxes	12,606	13,658
Operating lease liabilities	1,270,929	1,267,791
Other liabilities	45,267	50,119
Long-term debt, net	484,677	596,388
Commitments and contingencies
Stockholders' equity:
Common stock, par value $0.01; authorized: 400,000,000 shares; issued: 61,364,015 shares at October 31, 2021 and 60,488,833 shares at January 31, 2021; outstanding: 48,342,301 shares at October 31, 2021 and 47,646,606 shares at January 31, 2021	614	605
Preferred stock, 50,000,000 authorized; none issued
Paid-in capital	545,168	531,191
Treasury stock, 13,021,714 and 12,842,227 shares as of October 31, 2021 and January 31, 2021, respectively	(603,745)	(595,970)
Accumulated other comprehensive loss	(4,959)	(9,085)
Retained earnings	309,481	226,491
Total stockholders' equity	246,559	153,232
Total liabilities and stockholders' equity	$ 2,350,716	$ 2,352,824

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Oct. 31, 2021	Jan. 31, 2021
Statement of Financial Position [Abstract]
Property and equipment, accumulated depreciation	$ 891,352	$ 798,804
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	400,000,000	400,000,000
Common stock, shares issued	61,364,015	60,488,833
Common stock, shares outstanding	48,342,301	47,646,606
Preferred stock, shares authorized	50,000,000	50,000,000
Preferred stock, shares issued	0	0
Treasury stock, shares	13,021,714	12,842,227

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2021	Nov. 01, 2020	Oct. 31, 2021	Nov. 01, 2020
Total revenues	$ 317,976	$ 109,052	$ 960,954	$ 319,691
Cost of food and beverage	30,082	10,664	86,366	32,667
Cost of amusement and other	22,531	7,244	63,729	21,997
Total cost of products	52,613	17,908	150,095	54,664
Operating payroll and benefits	78,995	27,704	209,897	85,197
Other store operating expenses	103,322	70,783	292,883	229,137
General and administrative expenses	22,104	11,746	57,665	35,587
Depreciation and amortization expense	34,381	34,384	104,355	104,896
Pre-opening costs	2,092	2,570	5,427	8,781
Total operating costs	293,507	165,095	820,322	518,262
Operating income (loss)	24,469	(56,043)	140,632	(198,571)
Interest expense, net	13,423	8,213	41,971	22,491
Loss on debt extinguishment / refinancing	2,829	904	2,829	904
Income (loss) before benefit for income taxes	8,217	(65,160)	95,832	(221,966)
Benefit for income taxes	(2,368)	(17,117)	12,842	(71,777)
Net income (loss)	10,585	(48,043)	82,990	(150,189)
Unrealized foreign currency translation gain (loss)	(34)	34	12	(97)
Unrealized gain (loss) on derivatives, net of tax	1,371	1,370	4,114	(2,207)
Total other comprehensive income (loss)	1,337	1,404	4,126	(2,304)
Total comprehensive income (loss)	$ 11,922	$ (46,639)	$ 87,116	$ (152,493)
Net income (loss) per share:
Basic	$ 0.22	$ (1.01)	$ 1.73	$ (3.56)
Diluted	$ 0.21	$ (1.01)	$ 1.68	$ (3.56)
Weighted average shares used in per share calculations:
Basic	48,277,358	47,613,741	48,050,558	42,185,163
Diluted	49,283,503	47,613,741	49,257,269	42,185,163
Amusement and Other Revenues [Member]
Total revenues	$ 210,229	$ 70,706	$ 644,443	$ 200,423
Food and Beverage [Member]
Total revenues	$ 107,747	$ 38,346	$ 316,511	$ 119,268

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)	(150,189)					(150,189)
Unrealized foreign currency translation gain	(97)				(97)
Unrealized gain on derivatives, net of tax	(2,207)				(2,207)
Share-based compensation	5,344		5,344
Issuance of common stock	185,189	$ 171	185,018
Issuance of common stock, shares		17,096,878
Repurchase of common stock	(916)			$ (916)
Repurchase of common stock, shares				58,189
Ending balance at Nov. 01, 2020	206,774	$ 605	529,523	$ (595,957)	(10,673)	283,276
Ending balance, shares at Nov. 01, 2020		60,483,730		12,841,701
Beginning balance at Aug. 02, 2020	250,371	$ 604	526,253	$ (595,728)	(12,077)	331,319
Beginning balance, shares at Aug. 02, 2020		60,422,212		12,827,300
Net income (loss)	(48,043)					(48,043)
Unrealized foreign currency translation gain	34				34
Unrealized gain on derivatives, net of tax	1,370				1,370
Share-based compensation	2,999		2,999
Issuance of common stock	272	$ 1	271
Issuance of common stock, shares		61,518
Repurchase of common stock	(229)			$ (229)
Repurchase of common stock, shares				14,401
Ending balance at Nov. 01, 2020	206,774	$ 605	529,523	$ (595,957)	(10,673)	283,276
Ending balance, shares at Nov. 01, 2020		60,483,730		12,841,701
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)	82,990					82,990
Unrealized foreign currency translation gain	12				12
Unrealized gain on derivatives, net of tax	4,114				4,114
Share-based compensation	9,936		9,936
Issuance of common stock	4,050	$ 9	4,041
Issuance of common stock, shares		875,182
Repurchase of common stock	(7,775)			$ (7,775)
Repurchase of common stock, shares				179,487
Ending balance at Oct. 31, 2021	246,559	$ 614	545,168	$ (603,745)	(4,959)	309,481
Ending balance, shares at Oct. 31, 2021		61,364,015		13,021,714
Beginning balance at Aug. 01, 2021	229,875	$ 613	540,348	$ (603,686)	(6,296)	298,896
Beginning balance, shares at Aug. 01, 2021		61,276,473		13,020,098
Net income (loss)	10,585					10,585
Unrealized foreign currency translation gain	(34)				(34)
Unrealized gain on derivatives, net of tax	1,371				1,371
Share-based compensation	3,778		3,778
Issuance of common stock	1,043	$ 1	1,042
Issuance of common stock, shares		87,542
Repurchase of common stock	(59)			$ (59)
Repurchase of common stock, shares				1,616
Ending balance at Oct. 31, 2021	$ 246,559	$ 614	$ 545,168	$ (603,745)	$ (4,959)	$ 309,481
Ending balance, shares at Oct. 31, 2021		61,364,015		13,021,714

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Oct. 31, 2021	Nov. 01, 2020
Cash flows from operating activities:
Net income (loss)	$ 82,990	$ (150,189)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization expense	104,355	104,896
Non-cash interest expense	5,660	4,088
Impairment of long-lived assets		13,727
Deferred taxes	(6,191)	(17,730)
Loss on disposal of fixed assets	634	541
Loss on debt extinguishment or refinancing	(2,829)	(904)
Share-based compensation	9,936	5,344
Other, net	3,250	1,292
Changes in assets and liabilities:
Inventories	(13,449)	7,745
Prepaid expenses	(498)	2,761
Income tax receivable	2,418	(42,243)
Other current assets	(870)	2,580
Other assets and deferred charges	(1,859)	(3)
Accounts payable	(3,419)	(11,945)
Accrued liabilities	19,069	44,742
Income taxes payable	(11)	(2,639)
Other liabilities	(6,346)	4,375
Net cash provided by operating activities	198,498	(31,754)
Cash flows from investing activities:
Capital expenditures	(63,559)	(72,604)
Proceeds from sales of property and equipment	550	234
Net cash used in investing activities	(63,009)	(72,370)
Cash flows from financing activities:
Proceeds from debt	37,000	688,000
Payments of debt	(152,000)	(760,250)
Net proceeds from the issuance of common stock		182,207
Proceeds from the exercise of stock options	4,050	465
Dividends paid		(4,891)
Repurchases of common stock to satisfy employee withholding tax obligations	(7,775)	(16,805)
Debt issuance costs and prepayment premiums	(1,650)	(916)
Net cash provided by (used in) financing activities	(120,375)	87,810
Increase (decrease) in cash and cash equivalents	15,114	(16,314)
Beginning cash and cash equivalents	11,891	24,655
Ending cash and cash equivalents	27,005	8,341
Supplemental disclosures of cash flow information:
Increase (decrease) in fixed asset accounts payable	6,314	(12,315)
Cash paid (refund received) for income taxes, net	16,043	(9,281)
Cash paid for interest, net	$ 43,910	$ 17,306

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
	Oct. 31, 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 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 re-opened 107 of our 140 stores were open and operating in limited capacity, including five new stores for which construction had commenced prior to the outbreak of the COVID-19 pandemic. The Company re-opened the remaining closed by August 1, 2021, the end of the second quarter of fiscal 2021. As stores were re-opened COVID-19 In addition to reducing or deferring expenditures, including capital expenditures and discretionary spending, during the first half of 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. On September 20, 2021, the Company redeemed $55,000 outstanding principal amount of the senior secured notes. See Note 3, Debt, for more information on these transactions. The measures taken by the Company as well as the re-opening COVID-19, COVID-19, 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 thirty-nine weeks ended October 31, 2021 are not necessarily indicative of results that may be expected for any other interim period or for the fiscal year ending January 30, 2022. Cash and cash equivalents operating 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 borrowings under our revolving credit facility was $62,114 as of January 31, 2021, and the fair value of our senior secured notes was $527,776 and $576,033 as of October 31, 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 thirteen and thirty-nine weeks ended November 1, 2020, the Company recorded an impairment charge for its long-lived assets, including ROU assets, of $0 and $6,746, respectively, primarily driven by the expected impact of the COVID-19 COVID-19 During the thirteen and thirty-nine weeks ended November 1, 2020, the Company recorded an impairment loss and related contract termination costs of $0 and $6,981 related to projects in development and discussions to terminate several executed lease contracts that had not yet commenced, which is included in “Other store operating expenses” in the Consolidated Statements of Comprehensive Income (Loss). There were no impairment charges related to our potential future sites during the thirty-nine weeks ended October 31, 2021. Interest rate swaps 28, 2019, the Company entered into three interest rate swap agreements to manage our exposure to interest rate movements on our variable rate credit facility. The agreements entitle the Company to receive at specified intervals, a variable rate of interest based on one-month LIBOR in exchange for the payment of a fixed rate of interest throughout the life of the agreements. The notional amount of the and the fixed rate of interest for all agreements is %. 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 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 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 repayment of the indebtedness has been accelerated, the Company could also be declared in default on its derivative obligations. The following derivative instruments were outstanding as of the end of the periods indicated: Fair Value Balance Sheet Location October 31, 2021 January 31, 2021 Interest rate swaps Accrued liabilities $ (6,384 ) $ (8,350 ) Interest rate swaps Other liabilities — (4,416 ) Total derivatives $ (6,384 ) $ (12,766 ) The following table summarizes the activity in accumulated other comprehensive loss related to our derivative instruments: Thirteen weeks ended Thirty-nine weeks ended October 31, 2021 November 1, 2020 October 31, 2021 November 1, 2020 Loss recorded in accumulated other $ — $ — $ — $ 7,602 Loss reclassified into income (1) $ (1,886 ) $ (1,886 ) $ (5,660 ) $ (4,566 ) Income tax expense (benefit) in $ 515 $ 516 $ 1,546 $ (829 ) (1) Amounts reclassified into income are included in “Interest expense, net” in the Consolidated Statements of Income (Loss). Revenue recognition used deferred 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 thirty-nine weeks ended October 31, 2021, we recognized revenue of approximately $1,200 and $3,000, respectively, related to the amount in deferred gift card revenue as of the end of fiscal 2020, of revenue 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 Rights Plan expired on March 17, 2021. Earnings per share Thirteen weeks ended Thirty-nine weeks ended October 31, 2021 November 1, 2020 October 31, 2021 November 1, 2020 Basic weighted average shares outstanding 48,277,358 47,613,741 48,050,558 42,185,163 Weighted average dilutive impact of awards (1) 1,006,145 — 1,206,711 — Diluted weighted average shares outstanding 49,283,503 47,613,741 49,257,269 42,185,163 (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 financial 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	9 Months Ended
	Oct. 31, 2021
Other Liabilities Disclosure [Abstract]
Accrued Liabilities	Note 2: Accrued Liabilities Accrued liabilities consist of the following as of the end of each period: October 31, 2021 January 31, 2021 Deferred amusement revenue $ 92,909 $ 78,852 Current portion of operating lease liabilities, net (1) 51,735 46,471 Compensation and benefits 24,702 13,846 Current portion of deferred occupancy costs 22,564 36,121 Property taxes 10,449 8,149 Deferred gift card revenue 9,564 10,918 Current portion of derivatives 6,384 8,350 Utilities 5,453 4,151 Current portion of long-term insurance 5,100 5,100 Sales and use taxes 4,177 1,385 Customer deposits 4,130 1,373 Accrued interest 256 11,321 Other 13,525 8,753 Total accrued liabilities $ 250,948 $ 234,790 (1) The balance of leasehold incentive receivables of $3,823 and $8,763 as of October 31, 2021 and January 31, 2021, respectively, is reflected as a reduction of the current portion of operating lease liabilities .

Debt

Debt	9 Months Ended
	Oct. 31, 2021
Debt Disclosure [Abstract]
Debt	Note 3: Debt Long-term debt consi s October 31, 2021 January 31, 2021 Senior secured notes $ 495,000 $ 550,000 Credit facility - revolver — 60,000 Total debt outstanding 495,000 610,000 Less debt issuance costs (10,323 ) (13,612 ) Long-term debt, net $ 484,677 $ 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. Prior to November 1, 2022, but not more than once during any twelve-month period commencing with the issue date of the Notes, the Company may redeem up to 10% of the original principal amount of the Notes at a redemption price of 103% of the principal amount, plus accrued and unpaid interest, at the redemption date. After November 1, 2022, the Company may redeem the Notes, in whole or in part, at certain specified redemption prices, plus accrued and unpaid interest, at the redemption date. 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. 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 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. The utilization fee is due at maturity. The financial covenant suspension period may end earlier, at the Company’s election, if certain predetermined financial covenant ratios are achieved. 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 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. On September 20, 2021, the Company redeemed $55,000 outstanding principal amount of the Notes. In connection with the early redemption of the Notes, the Company paid a prepayment premium of $1,650, plus accrued and unpaid interest to the date of redemption, pursuant to the terms of the indenture governing the Notes. Additionally, the early redemption of the Notes resulted in a costs. Refer to Note 8 regarding additional early redemption in fiscal 2021. For the thirty-nine weeks ended October 31, 2021 and November 1, 2020, respectively, the Company’s weighted average interest rate on outstanding borrowings was 10.26% and 4.17%, respectively. At October 31, 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 Thirty-Nine Weeks Ended October 31, 2021 November 1, 2020 October 31, 2021 November 1, 2020 Interest expense on debt $ 10,782 $ 6,092 $ 33,921 $ 17,255 Interest associated with swap agreements 1,886 1,886 5,660 4,566 Amortization of issuance cost 1,070 427 3,275 1,081 Interest income — — — (22 ) Capitalized interest (315 ) (192 ) (885 ) (389 ) Total interest expense, net $ 13,423 $ 8,213 $ 41,971 $ 22,491

Leases

Leases	9 Months Ended
	Oct. 31, 2021
Leases
Leases	Note 4: Leases We currently lease most of the buildings or sites 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 Thirty-Nine Weeks Ended October 31, 2021 November 1, 2020 October 31, 2021 November 1, 2020 Operating lease cost $ 33,915 33,278 $ 100,506 100,162 Variable lease cost 7,862 5,351 22,492 18,405 Short-term lease cost 121 102 431 329 Total $ 41,898 $ 38,731 $ 123,429 $ 118,896 During fiscal 2020, the Company entered into 126 initial rent relief agreements with our

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Oct. 31, 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 cases.

Share-Based Compensation

Share-Based Compensation	9 Months Ended
	Oct. 31, 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 Thirty-Nine Weeks Ended October 31, 2021 November 1, 2020 October 31, 2021 November 1, 2020 Stock options $ 88 269 $ 446 1,099 Restricted stock units 3,690 2,730 9,490 4,245 Share-based compensation expense $ 3,778 $ 2,999 $ 9,936 $ 5,344 Transactions related to stock option awards during the thirty-nine weeks ended October 31, 2021 were as follows: 2014 Stock Incentive Plan 2010 Stock Incentive Plan Number Wtd. Avg. Number Wtd. Avg. of Options Exercise Price of Options Exercise Price Outstanding at January 31, 2021 1,231,601 $ 36.77 173,563 $ 7.51 Granted — — — — Exercised (203,861 ) 16.48 (100,009 ) 6.90 Forfeited (13,167 ) 45.75 — — Outstanding at October 31, 2021 1,014,573 $ 40.73 73,554 $ 8.33 Exercisable at October 31, 2021 950,187 $ 39.97 73,554 $ 8.33 The total intrinsic value of options exercised during the thirty-nine weeks ended October 31, 2021 was $8,756. The unrecognized expense related to our stock option plan totaled approximately $125 as of October 31, 2021 and will be expensed over a weighted average period of 0.4 years. Transactions related to restricted stock units during the thirty-nine weeks ended October 31, 2021, were as follows: Wtd. Avg. Shares Fair Value Outstanding at January 31, 2021 1,116,341 $ 17.32 Granted 301,847 47.82 Performance adjusted units 362,491 15.30 Vested (571,312 ) 15.39 Forfeited (51,686 ) 38.01 Outstanding at October 31, 2021 1,157,681 $ 24.67 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 grant date fair value of market stock units was determined using a Monte-Carlo simulation model. The unrecognized expense related to restricted stock units was $13,692 as of October 31, 2021 and will be expensed over a weighted average period of 1.8 years. During the thirty-nine weeks ended October 31, 2021 and November 1, 2020, excess tax expense (benefit) of $(6,034) and $431, 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	9 Months Ended
	Oct. 31, 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 a The effective tax rate for the thirty-nine weeks ended October 31, 2021, was pre-tax

Subsequent Events

Subsequent Events	9 Months Ended
	Oct. 31, 2021
Subsequent Events [Abstract]
Subsequent Events	Note 8: Subsequent Event On November 11, 2021, the Company redeemed an additional outstanding principal amount of the Notes using available cash and funds from its revolving credit facility. In connection with the early redemption of the Notes, the Company paid a prepayment premium of , plus accrued and unpaid interest to the date of redemption, pursuant to the terms of the indenture governing the Notes. The early redemption of the Notes resulted in a loss on extinguishment of approximately related to a proportionate amount of unamortized issuance costs. At November 28, 2021, the Company’s total debt outstanding was $ 463,000 440,000 23,000 credit facility. On December 7, 2021, the Company filed notice with the credit facility administrative agent to immediately terminate the covenant suspension period.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Oct. 31, 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 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 re-opened 107 of our 140 stores were open and operating in limited capacity, including five new stores for which construction had commenced prior to the outbreak of the COVID-19 pandemic. The Company re-opened the remaining closed by August 1, 2021, the end of the second quarter of fiscal 2021. As stores were re-opened COVID-19 In addition to reducing or deferring expenditures, including capital expenditures and discretionary spending, during the first half of 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. On September 20, 2021, the Company redeemed $55,000 outstanding principal amount of the senior secured notes. See Note 3, Debt, for more information on these transactions. The measures taken by the Company as well as the re-opening COVID-19, COVID-19, 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 thirty-nine weeks ended October 31, 2021 are not necessarily indicative of results that may be expected for any other interim period or for the fiscal year ending January 30, 2022.
Cash and cash equivalents	Cash and cash equivalents operating
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 borrowings under our revolving credit facility was $62,114 as of January 31, 2021, and the fair value of our senior secured notes was $527,776 and $576,033 as of October 31, 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 thirteen and thirty-nine weeks ended November 1, 2020, the Company recorded an impairment charge for its long-lived assets, including ROU assets, of $0 and $6,746, respectively, primarily driven by the expected impact of the COVID-19 COVID-19 During the thirteen and thirty-nine weeks ended November 1, 2020, the Company recorded an impairment loss and related contract termination costs of $0 and $6,981 related to projects in development and discussions to terminate several executed lease contracts that had not yet commenced, which is included in “Other store operating expenses” in the Consolidated Statements of Comprehensive Income (Loss). There were no impairment charges related to our potential future sites during the thirty-nine weeks ended October 31, 2021.
Interest rate swaps	Interest rate swaps 28, 2019, the Company entered into three interest rate swap agreements to manage our exposure to interest rate movements on our variable rate credit facility. The agreements entitle the Company to receive at specified intervals, a variable rate of interest based on one-month LIBOR in exchange for the payment of a fixed rate of interest throughout the life of the agreements. The notional amount of the and the fixed rate of interest for all agreements is %. 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 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 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 repayment of the indebtedness has been accelerated, the Company could also be declared in default on its derivative obligations. The following derivative instruments were outstanding as of the end of the periods indicated: Fair Value Balance Sheet Location October 31, 2021 January 31, 2021 Interest rate swaps Accrued liabilities $ (6,384 ) $ (8,350 ) Interest rate swaps Other liabilities — (4,416 ) Total derivatives $ (6,384 ) $ (12,766 ) The following table summarizes the activity in accumulated other comprehensive loss related to our derivative instruments: Thirteen weeks ended Thirty-nine weeks ended October 31, 2021 November 1, 2020 October 31, 2021 November 1, 2020 Loss recorded in accumulated other $ — $ — $ — $ 7,602 Loss reclassified into income (1) $ (1,886 ) $ (1,886 ) $ (5,660 ) $ (4,566 ) Income tax expense (benefit) in $ 515 $ 516 $ 1,546 $ (829 ) (1) Amounts reclassified into income are included in “Interest expense, net” in the Consolidated Statements of Income (Loss).
Revenue recognition	Revenue recognition used deferred 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 thirty-nine weeks ended October 31, 2021, we recognized revenue of approximately $1,200 and $3,000, respectively, related to the amount in deferred gift card revenue as of the end of fiscal 2020, of revenue
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 Rights Plan expired on March 17, 2021.
Earnings per share	Earnings per share Thirteen weeks ended Thirty-nine weeks ended October 31, 2021 November 1, 2020 October 31, 2021 November 1, 2020 Basic weighted average shares outstanding 48,277,358 47,613,741 48,050,558 42,185,163 Weighted average dilutive impact of awards (1) 1,006,145 — 1,206,711 — Diluted weighted average shares outstanding 49,283,503 47,613,741 49,257,269 42,185,163 (1) Amounts exclude all potential common and common equivalent shares for periods when there is a net loss.
Recent accounting pronouncements	Recently adopted accounting guidance 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes financial 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)	9 Months Ended
	Oct. 31, 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 October 31, 2021 January 31, 2021 Interest rate swaps Accrued liabilities $ (6,384 ) $ (8,350 ) Interest rate swaps Other liabilities — (4,416 ) Total derivatives $ (6,384 ) $ (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 ended Thirty-nine weeks ended October 31, 2021 November 1, 2020 October 31, 2021 November 1, 2020 Loss recorded in accumulated other $ — $ — $ — $ 7,602 Loss reclassified into income (1) $ (1,886 ) $ (1,886 ) $ (5,660 ) $ (4,566 ) Income tax expense (benefit) in $ 515 $ 516 $ 1,546 $ (829 ) (1) Amounts reclassified into income are included in “Interest expense, net” in the Consolidated Statements of 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 follows: Thirteen weeks ended Thirty-nine weeks ended October 31, 2021 November 1, 2020 October 31, 2021 November 1, 2020 Basic weighted average shares outstanding 48,277,358 47,613,741 48,050,558 42,185,163 Weighted average dilutive impact of awards (1) 1,006,145 — 1,206,711 — Diluted weighted average shares outstanding 49,283,503 47,613,741 49,257,269 42,185,163 (1) Amounts exclude all potential common and common equivalent shares for periods when there is a net loss.

Accrued Liabilities (Tables)

Accrued Liabilities (Tables)	9 Months Ended
	Oct. 31, 2021
Text Block [Abstract]
Accrued Liabilities	Accrued liabilities consist of the following as of the end of each period: October 31, 2021 January 31, 2021 Deferred amusement revenue $ 92,909 $ 78,852 Current portion of operating lease liabilities, net (1) 51,735 46,471 Compensation and benefits 24,702 13,846 Current portion of deferred occupancy costs 22,564 36,121 Property taxes 10,449 8,149 Deferred gift card revenue 9,564 10,918 Current portion of derivatives 6,384 8,350 Utilities 5,453 4,151 Current portion of long-term insurance 5,100 5,100 Sales and use taxes 4,177 1,385 Customer deposits 4,130 1,373 Accrued interest 256 11,321 Other 13,525 8,753 Total accrued liabilities $ 250,948 $ 234,790 (1) The balance of leasehold incentive receivables of $3,823 and $8,763 as of October 31, 2021 and January 31, 2021, respectively, is reflected as a reduction of the current portion of operating lease liabilities .

Debt (Tables)

Debt (Tables)	9 Months Ended
	Oct. 31, 2021
Debt Disclosure [Abstract]
Long-Term Debt	Long-term debt consi s October 31, 2021 January 31, 2021 Senior secured notes $ 495,000 $ 550,000 Credit facility - revolver — 60,000 Total debt outstanding 495,000 610,000 Less debt issuance costs (10,323 ) (13,612 ) Long-term debt, net $ 484,677 $ 596,388
Recorded Interest Expense, Net	Interest expense, net Thirteen Weeks Ended Thirty-Nine Weeks Ended October 31, 2021 November 1, 2020 October 31, 2021 November 1, 2020 Interest expense on debt $ 10,782 $ 6,092 $ 33,921 $ 17,255 Interest associated with swap agreements 1,886 1,886 5,660 4,566 Amortization of issuance cost 1,070 427 3,275 1,081 Interest income — — — (22 ) Capitalized interest (315 ) (192 ) (885 ) (389 ) Total interest expense, net $ 13,423 $ 8,213 $ 41,971 $ 22,491

Leases (Tables)

Leases (Tables)	9 Months Ended
	Oct. 31, 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 Thirty-Nine Weeks Ended October 31, 2021 November 1, 2020 October 31, 2021 November 1, 2020 Operating lease cost $ 33,915 33,278 $ 100,506 100,162 Variable lease cost 7,862 5,351 22,492 18,405 Short-term lease cost 121 102 431 329 Total $ 41,898 $ 38,731 $ 123,429 $ 118,896

Share-Based Compensation (Table

Share-Based Compensation (Tables)	9 Months Ended
	Oct. 31, 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 Thirty-Nine Weeks Ended October 31, 2021 November 1, 2020 October 31, 2021 November 1, 2020 Stock options $ 88 269 $ 446 1,099 Restricted stock units 3,690 2,730 9,490 4,245 Share-based compensation expense $ 3,778 $ 2,999 $ 9,936 $ 5,344
Transactions Related to Stock Options Awards	Transactions related to stock option awards during the thirty-nine weeks ended October 31, 2021 were as follows: 2014 Stock Incentive Plan 2010 Stock Incentive Plan Number Wtd. Avg. Number Wtd. Avg. of Options Exercise Price of Options Exercise Price Outstanding at January 31, 2021 1,231,601 $ 36.77 173,563 $ 7.51 Granted — — — — Exercised (203,861 ) 16.48 (100,009 ) 6.90 Forfeited (13,167 ) 45.75 — — Outstanding at October 31, 2021 1,014,573 $ 40.73 73,554 $ 8.33 Exercisable at October 31, 2021 950,187 $ 39.97 73,554 $ 8.33
Transactions Related to Restricted Stock Units	Transactions related to restricted stock units during the thirty-nine weeks ended October 31, 2021, were as follows: Wtd. Avg. Shares Fair Value Outstanding at January 31, 2021 1,116,341 $ 17.32 Granted 301,847 47.82 Performance adjusted units 362,491 15.30 Vested (571,312 ) 15.39 Forfeited (51,686 ) 38.01 Outstanding at October 31, 2021 1,157,681 $ 24.67

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Additional Information (Detail) $ / shares in Units, $ in Thousands	Sep. 20, 2021USD ($)	Oct. 27, 2020USD ($)	Apr. 14, 2020USD ($)$ / sharesshares	Mar. 18, 2020	May 31, 2020USD ($)$ / sharesshares	Oct. 31, 2021USD ($)StatesLeaseStoresSegmentshares	Aug. 01, 2021Stores	Nov. 01, 2020USD ($)shares	Oct. 31, 2020USD ($)	Oct. 31, 2020USD ($)	Oct. 31, 2021USD ($)LeaseStoresStatesSegmentshares	Nov. 01, 2020USD ($)shares	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						143					143		140		137
Number of states store operates | States						40					40
Number of operating segment | Segment											1
Number of reportable segment | Segment											1
Book overdrafts reclassified to accounts payable													$ 8,168
Impairment Loss and Contract Termination Costs								$ 0				$ 6,981
Impairment of long-lived assets												$ 13,727
National amount of the swap agreement						$ 350,000					$ 350,000
Derivative, Average Fixed Interest Rate						2.47%					2.47%
Fair value of long term debt													62,114
Notes payable, fair value						$ 527,776					$ 527,776		576,033
Shares Paid for Tax Withholding for Share Based Compensation | shares											179,487	58,189
Debt Instrument, Interest Rate, Stated Percentage						10.26%		4.17%			10.26%	4.17%
Debt Instrument, Maturity Date, Description		senior secured notes due 2025
Proceeds from Issuance of Common Stock												$ 182,207
Weighted average anti-dilutive options excluded from calculation of common equivalent shares | shares						236,279		1,652,925			161,093	1,523,945
Repurchase of common stock						$ 59		$ 229			$ 7,775	$ 916
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	87,542		61,518			875,182	17,096,878
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 additional stores reopened | Stores							34
Impairment of long-lived assets								$ 0			$ 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											5,975
Interest payments reclassified to interest expense during the period												4,088
Loss on Derivative									$ 5,660		$ 92	1,578
Settlement Of Cash Obligation [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Cash obligation												$ 2,517
Stock issued during period, shares, issued for services | shares												160,540
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%
Repayment of senior secured notes	$ 55,000
Stores Open [Member] | COVID19 [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Number of stores | Stores													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%					100.00%
Canada [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Number of Canadian province | Segment						1					1
Bellevue [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Number of stores | Lease						1					1
Amusement Revenue [Member] | Other Comprehensive Income (Loss) [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Deferred amusement revenue						$ 12,900					$ 37,700
Gift Card Revenue [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Deferred amusement revenue						$ 1,200					$ 3,000
Gift card breakage revenue									$ 690	$ 930

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Derivative Instruments Outstanding (Details) - USD ($) $ in Thousands	Oct. 31, 2021	Jan. 31, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Current portion of derivatives	$ (6,384)	$ (8,350)
Non-current portion of derivatiives		(4,416)
Total derivatives	$ (6,384)	$ (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		9 Months Ended
	Oct. 31, 2021	Nov. 01, 2020	Oct. 31, 2021	Nov. 01, 2020
Loss recorded in accumulated other comprehensive income	$ 0	$ 0		$ 7,602
Income tax expense (benefit) in accumulated other comprehensive income	515	516	$ 1,546	(829)
Interest Expense [Member]
Loss reclassified into income	$ (1,886)	$ (1,886)	$ (5,660)	$ (4,566)

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		9 Months Ended
	Oct. 31, 2021	Nov. 01, 2020	Oct. 31, 2021	Nov. 01, 2020
Earnings Per Share [Abstract]
Basic weighted average shares outstanding	48,277,358	47,613,741	48,050,558	42,185,163
Weighted average dilutive impact of awards (1)	1,006,145	0	1,206,711	0
Diluted weighted average shares outstanding	49,283,503	47,613,741	49,257,269	42,185,163

Accrued Liabilities - Accrued L

Accrued Liabilities - Accrued Liabilities (Detail) - USD ($) $ in Thousands	Oct. 31, 2021	Jan. 31, 2021
Accrued Liabilities, Current [Abstract]
Deferred amusement revenue	$ 92,909	$ 78,852
Current portion of operating lease liabilities, net	51,735	46,471
Compensation and benefits	24,702	13,846
Current portion of deferred occupancy costs	22,564	36,121
Property taxes	10,449	8,149
Deferred gift card revenue	9,564	10,918
Current portion of derivatives	6,384	8,350
Utilities	5,453	4,151
Current portion of long-term insurance	5,100	5,100
Sales and use taxes	4,177	1,385
Customer deposits	4,130	1,373
Accrued interest	256	11,321
Other	13,525	8,753
Total accrued liabilities	$ 250,948	$ 234,790

Accrued Liabilities - Accrued_2

Accrued Liabilities - Accrued Liabilities (Parenthetical) (Detail) - USD ($) $ in Thousands	Oct. 31, 2021	Jan. 31, 2021
Accrued Liabilities, Current [Abstract]
Receivables for tenant improvement allowances	$ 3,823	$ 8,763

Debt - Additional Information (

Debt - Additional Information (Detail) - USD ($) $ in Thousands	Sep. 20, 2021	Oct. 27, 2020	Oct. 31, 2021	Nov. 01, 2020
Debt Instrument [Line Items]
Debt issuance costs			$ 18,300
Weighted average interest rate on outstanding borrowings			10.26%	4.17%
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
Frequency of periodic payment		November 1 and May 1 of each year
Weighted average interest rate on outstanding borrowings		7.625%
Repayment of senior secured notes	$ 55,000
Secured Debt [Member] | Senior Notes [Member] | Debt Instrument, Redemption, Period One [Member]
Debt Instrument [Line Items]
Write off of Deferred Debt Issuance Cost	1,179
Debt instrument, redemption price, percentage of principal amount redeemed			10.00%
Debt instrument, redemption price, percentage			103.00%
Repayment of senior secured notes	55,000
Payment of debt extinguishment costs	$ 1,650
Credit Facility [Member]
Debt Instrument [Line Items]
Letter of credit facility outstanding			$ 10,486
Borrowing available			489,514
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
Repayments of Long-term Debt			463,000
Debt instrument minimum liquidity covenant			$ 150,000
Utilization fee percent			1.00%
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	Oct. 31, 2021	Jan. 31, 2021
Debt Instrument [Line Items]
Total debt outstanding	$ 495,000	$ 610,000
less: debt issuance costs	(10,323)	(13,612)
Long-term debt, net	484,677	596,388
Senior Secured Debt [Member]
Debt Instrument [Line Items]
Total debt outstanding	495,000	550,000
Credit Facility—revolver [Member]
Debt Instrument [Line Items]
Total debt outstanding	$ 0	$ 60,000

Debt - Recorded Interest Expens

Debt - Recorded Interest Expense, Net (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2021	Nov. 01, 2020	Oct. 31, 2021	Nov. 01, 2020
Debt Disclosure [Abstract]
Interest expense on debt	$ 10,782	$ 6,092	$ 33,921	$ 17,255
Interest associated with swap agreements	1,886	1,886	5,660	4,566
Amortization of issuance cost and discount	1,070	427	3,275	1,081
Interest income				(22)
Capitalized interest	(315)	(192)	(885)	(389)
Total interest expense, net	$ 13,423	$ 8,213	$ 41,971	$ 22,491

Leases - Additional Information

Leases - Additional Information (Detail) - USD ($) $ in Thousands	Oct. 31, 2021	Jan. 31, 2021
Other Liabilities [Member]
Leases [Line Items]
Deferred occupancy costs	$ 12,175	$ 16,243

Leases - Lease Expense (Detail)

Leases - Lease Expense (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2021	Nov. 01, 2020	Oct. 31, 2021	Nov. 01, 2020
Leases
Operating lease cost	$ 33,915	$ 33,278	$ 100,506	$ 100,162
Variable lease cost	7,862	5,351	22,492	18,405
Short-term lease cost	121	102	431	329
Total	$ 41,898	$ 38,731	$ 123,429	$ 118,896

Share-Based Compensation - Addi

Share-Based Compensation - Additional Information (Detail) - USD ($) $ in Thousands	9 Months Ended
	Oct. 31, 2021	Nov. 01, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation expense, weighted average years	1 year 9 months 18 days
Unrecognized expense related to unvested restricted stock and RSUs	$ 13,692
Excess income tax benefit related to stock-based compensation plans	(6,034)	$ 431
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total intrinsic value of stock options exercised	8,756
Unrecognized expense related to stock option plan	$ 125
Unrecognized compensation expense, weighted average years	4 months 24 days

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		9 Months Ended
	Oct. 31, 2021	Nov. 01, 2020	Oct. 31, 2021	Nov. 01, 2020
Share-based Payment Arrangement, Noncash Expense [Abstract]
Stock options	$ 88	$ 269	$ 446	$ 1,099
Restricted stock units	3,690	2,730	9,490	4,245
Share-based compensation expense	$ 3,778	$ 2,999	$ 9,936	$ 5,344

Share-Based Compensation - Tran

Share-Based Compensation - Transactions Related to Stock Option Awards (Detail)	9 Months Ended
	Oct. 31, 2021$ / sharesshares
2014 Stock Incentive Plan [Member]
Number of Options
Options outstanding at January 31, 2021 | shares	1,231,601
Exercised | shares	(203,861)
Forfeited | shares	(13,167)
Options outstanding at October 31, 2021 | shares	1,014,573
Options exercisable at October 31, 2021 | shares	950,187
Weighted Average Exercise Price
Options outstanding at January 31, 2021 | $ / shares	$ 36.77
Exercised | $ / shares	16.48
Forfeited | $ / shares	45.75
Options outstanding at October 31, 2021 | $ / shares	40.73
Options exercisable at October 31, 2021 | $ / shares	$ 39.97
2010 Stock Incentive Plan [Member]
Number of Options
Options outstanding at January 31, 2021 | shares	173,563
Exercised | shares	(100,009)
Options outstanding at October 31, 2021 | shares	73,554
Options exercisable at October 31, 2021 | shares	73,554
Weighted Average Exercise Price
Options outstanding at January 31, 2021 | $ / shares	$ 7.51
Exercised | $ / shares	6.90
Options outstanding at October 31, 2021 | $ / shares	8.33
Options exercisable at October 31, 2021 | $ / shares	$ 8.33

Share-Based Compensation - Tr_2

Share-Based Compensation - Transactions Related to Restricted Stock Units (Detail) - Restricted Stock Unit Awards [Member]	9 Months Ended
	Oct. 31, 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	301,847
Restricted Stock Awards, Performance adjusted units | shares	362,491
Restricted Stock Awards, Vested | shares	(571,312)
Restricted Stock Awards, Forfeited | shares	(51,686)
Restricted Stock Awards, October 31, 2021 | shares	1,157,681
Weighted Average Grant Date Fair Value, January 31, 2021 | $ / shares	$ 17.32
Weighted Average Grant Date Fair Value, Granted | $ / shares	47.82
Weighted Average Fair Value Grant Date, Performance adjusted units | $ / shares	15.30
Weighted Average Fair Value, Vested | $ / shares	15.39
Weighted Average Fair Value, Forfeited | $ / shares	38.01
Weighted Average Fair Value, October 31, 2021 | $ / shares	$ 24.67

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Thousands	9 Months Ended
	Oct. 31, 2021	Nov. 01, 2020
Income Taxes [Line Items]
Corporate tax rate	13.40%	32.30%
Income tax refunds	$ 57,400

Subsequent Events - Additional

Subsequent Events - Additional Information (Detail) - USD ($) $ in Thousands	Nov. 11, 2021	Nov. 28, 2021	Oct. 31, 2021	Jan. 31, 2021
Subsequent Event [Member] | Senior Notes [Member]
Subsequent Event [Line Items]
Debt Instrument, redeemed principal amount	$ 55,000
Payment of prepayment debt	1,650
Loss on extinguishment of debt	$ 1,100
Revolving Credit Facility [Member]
Subsequent Event [Line Items]
Debt outstanding			$ 0	$ 60,000
Revolving Credit Facility [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
Debt outstanding		$ 23,000
Line of Credit [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
Debt outstanding		463,000
Notes payable		$ 440,000