Burlington Stores (BURL) 10-K 16 Mar 22 2021 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Jan. 29, 2022	Feb. 26, 2022	Jul. 30, 2021
Cover [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Jan. 29, 2022
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	FY
Trading Symbol	BURL
Entity Registrant Name	BURLINGTON STORES, INC.
Entity Central Index Key	0001579298
Current Fiscal Year End Date	--01-29
Entity Well-known Seasoned Issuer	Yes
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Large Accelerated Filer
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Shell Company	false
ICFR Auditor Attestation Flag	true
Entity Common Stock, Shares Outstanding		66,491,659
Entity Public Float			$ 22,270,802,256
Entity Interactive Data Current	Yes
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	80-0895227
Entity File Number	001-36107
Entity Address, Address Line One	2006 Route 130 North
Entity Address, City or Town	Burlington
Entity Address, State or Province	NJ
Entity Address, Postal Zip Code	08016
City Area Code	609
Local Phone Number	387-7800
Document Annual Report	true
Document Transition Report	false
Title of 12(b) Security	Common Stock, par value $0.0001 per share
Security Exchange Name	NYSE
Auditor Firm ID	34
Auditor Name	Deloitte & Touche LLP
Auditor Location	Parsippany, New Jersey
Documents Incorporated by Reference	Certain provisions of the registrant’s definitive proxy statement for the 2021 Annual Meeting of Stockholders, to be filed within 120 days of the close of the registrant’s 2020 fiscal year, are incorporated by reference in Part III of this Form 10-K to the extent described herein.

Consolidated Statements of Inco

Consolidated Statements of Income (Loss) - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Jan. 29, 2022	Jan. 30, 2021	Feb. 01, 2020
REVENUES:
Net sales	$ 9,306,549	$ 5,751,541	$ 7,261,243
Type of Revenue [Extensible List]	us-gaap:ProductMember	us-gaap:ProductMember	us-gaap:ProductMember
Other revenue	$ 15,707	$ 12,439	$ 25,155
Total revenue	9,322,256	5,763,980	7,286,398
COSTS AND EXPENSES:
Cost of sales	5,436,155	3,555,024	4,228,740
Selling, general and administrative expenses	2,868,527	2,326,928	2,228,178
Costs related to debt issuances and amendments	3,419	3,633	(375)
Depreciation and amortization	249,217	220,390	210,720
Impairment charges - long-lived assets	7,748	6,012	4,315
Other income - net	11,630	(8,353)	16,531
Loss on extinguishment of debt	156,020	202
Interest expense	(67,502)	97,767	(50,826)
Total costs and expenses	8,776,958	6,201,603	6,705,873
Income (loss) before income tax expense (benefit)	545,298	(437,623)	580,525
Income tax expense (benefit)	136,459	(221,124)	115,409
Net income (loss)	$ 408,839	$ (216,499)	$ 465,116
Net income (loss) per common stock - basic	$ 6.14	$ (3.28)	$ 7.05
Net income (loss) per common stock - diluted	$ 6	$ (3.28)	$ 6.91
Weighted average number of common stock - basic	66,588	65,962	65,943
Weighted average number of common stock - diluted	68,126	65,962	67,293

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	12 Months Ended
	Jan. 29, 2022	Jan. 30, 2021	Feb. 01, 2020
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ 408,839	$ (216,499)	$ 465,116
Interest rate derivative contracts:
Net unrealized gains (losses) arising during the period	7,931	(11,458)	(16,606)
Net reclassification into earnings during the period	10,643	7,403	1,259
Other comprehensive income (loss), net of tax	18,574	(4,055)	(15,347)
Total comprehensive income (loss)	$ 427,413	$ (220,554)	$ 449,769

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jan. 29, 2022	Jan. 30, 2021
Current assets:
Cash and cash equivalents	$ 1,091,091	$ 1,380,276
Restricted cash and cash equivalents	6,582	6,582
Accounts receivable-net	54,089	62,161
Merchandise inventories	1,021,009	740,788
Assets held for disposal	4,358	6,655
Prepaid and other current assets	370,515	314,154
Total current assets	2,547,644	2,510,616
Property and equipment—net	1,552,237	1,438,863
Operating lease assets	2,638,473	2,469,366
Tradenames	238,000	238,000
Goodwill	47,064	47,064
Deferred tax assets	3,959	4,422
Other assets	62,136	72,761
Total assets	7,089,513	6,781,092
Current liabilities:
Accounts payable	1,080,802	862,638
Current operating lease liabilities	358,793	304,629
Other current liabilities	493,695	512,830
Current maturities of long term debt	14,357	3,899
Total current liabilities	1,947,647	1,683,996
Long term debt	1,541,102	1,927,770
Long term operating lease liabilities	2,539,420	2,400,782
Other liabilities	80,904	103,940
Deferred tax liabilities	220,023	199,850
Commitments and contingencies (Note 16)
Stockholders’ equity:
Preferred stock, $0.0001 par value: authorized: 50,000,000 shares; no shares issued and outstanding
Common stock, $0.0001 par value: Authorized: 500,000,000 shares; Issued: 81,677,315 shares and 80,661,453 shares respectively; Outstanding: 66,491,555 shares and 66,386,331 shares respectively	7	7
Additional paid-in-capital	1,927,554	1,809,831
Accumulated earnings (deficit)	414,292	(11,702)
Accumulated other comprehensive loss	(4,441)	(23,015)
Treasury stock, at cost	(1,576,995)	(1,310,367)
Total stockholders' equity	760,417	464,754
Total liabilities and stockholders' equity	$ 7,089,513	$ 6,781,092

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jan. 29, 2022	Jan. 30, 2021
Statement of Financial Position [Abstract]
Accounts Receivable, Allowances for Doubtful Accounts	$ 3,305	$ 4,855
Preferred Stock, Par Value	$ 0.0001	$ 0.0001
Preferred Stock, Authorized	50,000,000	50,000,000
Preferred Stock, Issued	0	0
Preferred Stock, Outstanding	0	0
Common Stock, Par Value	$ 0.0001	$ 0.0001
Common Stock, Authorized	500,000,000	500,000,000
Common Stock, Shares Issued	81,677,315	80,661,453
Common Stock, Shares Outstanding	66,491,555	66,386,331

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands		12 Months Ended
		Jan. 29, 2022	Jan. 30, 2021	Feb. 01, 2020
OPERATING ACTIVITIES
Net income (loss)		$ 408,839	$ (216,499)	$ 465,116
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
Depreciation and amortization		249,217	220,390	210,720
Asset impairment charges		7,748	6,012	4,315
Amortization of deferred financing costs		5,323	4,450	1,247
Accretion of long term debt instruments		889	24,775	813
Deferred income taxes		51,952	(24,959)	9,070
Loss on extinguishment of debt		156,020	202
Non-cash stock compensation expense	[1]	58,546	55,845	43,928
Non-cash lease expense		(10,294)	(1,530)	12,599
Cash received from landlord allowances		34,051	40,663	56,280
Changes in assets and liabilities:
Accounts receivable		10,186	26,858	(8,816)
Merchandise inventories		(280,220)	36,459	176,430
Prepaid and other current assets		(56,363)	(177,454)	(13,598)
Accounts payable		214,792	104,607	(90,899)
Other current liabilities		(33,129)	103,871	25,202
Other long term assets and long term liabilities		(2,782)	562	3,176
Other operating activities		18,384	14,929	(3,858)
Net cash provided by operating activities		833,159	219,181	891,725
INVESTING ACTIVITIES
Cash paid for property and equipment		(352,467)	(273,282)	(328,357)
Lease acquisition costs		(576)		(1,983)
Proceeds from insurance recoveries related to property and equipment			220	5,131
Proceeds from sale of property and equipment and assets held for sale		8,654
Other investing activities			(1,070)	611
Net cash provided by (used in) investing activities		(344,389)	(274,132)	(324,598)
FINANCING ACTIVITIES
Proceeds from long term debt—Convertible Note			805,000
Principal payment on long term debt-Convertible Notes		(201,695)
Proceeds from long term debt—Secured Note			300,000
Principal payments on long term debt-Secured Notes		(323,905)
Purchase of treasury shares		(266,628)	(65,526)	(323,080)
Proceeds from stock option exercises		39,887	34,924	34,222
Deferred financing costs		(2,143)	(28,815)
Other financing activities		(13,857)	(13,430)	(2,769)
Net cash (used in) provided by financing activities		(777,955)	1,032,153	(291,627)
(Decrease) increase in cash, cash equivalents, restricted cash and restricted cash equivalents		(289,185)	977,202	275,500
Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of period		1,386,858	409,656	134,156
Cash, cash equivalents, restricted cash and restricted cash equivalents at end of period		1,097,673	1,386,858	409,656
Supplemental disclosure of cash flow information:
Interest paid		52,671	48,392	47,071
Income tax payments - net		$ 130,247	44,993	110,588
Non-cash investing and financing activities:
Shares issued to repurchase Convertible Notes		151,206
Accrued purchases of property and equipment		$ 63,296	44,490	62,814
Acquisition of finance leases				19,875
ABL senior secured revolving facility
FINANCING ACTIVITIES
Proceeds from long term debt			400,000	1,294,400
Principal payments on long term debt			$ (400,000)	$ (1,294,400)
Senior Secured Term B-6 Loans
FINANCING ACTIVITIES
Proceeds from long term debt		956,608
Principal payments on long term debt		(4,807)
Senior Secured Term B-5 Loans
FINANCING ACTIVITIES
Principal payments on long term debt		$ (961,415)
[1]	The amounts presented in the table above exclude the effect of income taxes. The tax benefit related to the Company’s non-cash stock compensation was $ 10.3 million, $ 9.1 million and $ 9.0 million during Fiscal 2021, Fiscal 2020 and Fiscal 2019 , respectively.

Consolidated Statements of Stoc

Consolidated Statements of Stockholder's Equity - USD ($) $ in Thousands	Total		Cumulative-effect Adjustment	Common Stock	Additional Paid-in Capital	Additional Paid-in CapitalCumulative-effect Adjustment	Accumulated Deficit	Accumulated DeficitCumulative-effect Adjustment	Accumulated Other Comprehensive Loss	Treasury Stock
Balance at beginning of period at Feb. 02, 2019	$ 322,710			$ 7	$ 1,508,996		$ (260,919)		$ (3,613)	$ (921,761)
Balance at beginning of period (in shares) at Feb. 02, 2019				79,224,669						(12,079,572)
Net income (loss)	465,116						465,116
Stock options exercised	34,222				34,222
Stock options exercised (in shares)				710,964
Shares used for tax withholding	(23,200)									$ (23,200)
Shares used for tax withholding (in shares)										(132,222)
Shares purchased as part of publicly announced programs	$ (299,880)									$ (299,880)
Shares purchased as part of publicly announced programs, (in shares)										(1,740,740)
Forfeitures of restricted shares, net of Issuances				(53,127)
Vesting of restricted shares, net of forfeitures of restricted shares	1,350,000
Stock based compensation	$ 43,928				43,928
Unrealized gains (losses) on interest rate derivative contracts, net of related taxes	(16,606)								(16,606)
Amount reclassified into earnings, net of related taxes	1,259								1,259
Balance at end of period at Feb. 01, 2020	528,149		$ 600	$ 7	1,587,146		204,797	$ 600	(18,960)	$ (1,244,841)
Balance at end of period (in shares) at Feb. 01, 2020				79,882,506						(13,952,534)
Net income (loss)	(216,499)						(216,499)
Stock options exercised	34,924				34,924
Stock options exercised (in shares)				731,954
Shares used for tax withholding	(15,368)									$ (15,368)
Shares used for tax withholding (in shares)										(79,015)
Shares purchased as part of publicly announced programs	(50,158)									$ (50,158)
Shares purchased as part of publicly announced programs, (in shares)										(243,573)
Vesting of restricted shares, net of forfeitures of restricted shares				46,993
Stock based compensation	55,845				55,845
Equity component of convertible notes issuance, net of related taxes of $44.1 million	131,916				131,916
Unrealized gains (losses) on interest rate derivative contracts, net of related taxes	(11,458)								(11,458)
Amount reclassified into earnings, net of related taxes	7,403								7,403
Balance at end of period at Jan. 30, 2021	464,754			$ 7	1,809,831		(11,702)		(23,015)	$ (1,310,367)
Balance at end of period (in shares) at Jan. 30, 2021				80,661,453						(14,275,122)
Net income (loss)	408,839						408,839
Stock options exercised	$ 39,887				39,887
Stock options exercised (in shares)	418,173	[1]		418,173
Shares used for tax withholding	$ (16,612)									$ (16,612)
Shares used for tax withholding (in shares)										(53,783)
Shares purchased as part of publicly announced programs	$ (250,016)									$ (250,016)
Shares purchased as part of publicly announced programs, (in shares)										(856,855)
Vesting of restricted shares, net of forfeitures of restricted shares	685,000			83,698
Stock based compensation	$ 58,546				58,546
Shares issued to redeem convertible notes	$ 151,206				151,206
Shares issued to redeem convertible notes (in shares)	853,000			513,991
Unrealized gains (losses) on interest rate derivative contracts, net of related taxes	$ 7,931								7,931
Amount reclassified into earnings, net of related taxes	10,643								10,643
Balance at end of period at Jan. 29, 2022	$ 760,417			$ 7	$ 1,927,554		$ 414,292		$ (4,441)	$ (1,576,995)
Balance at end of period (ASU 2020-06) at Jan. 29, 2022			$ (114,761)			$ (131,916)		$ 17,155
Balance at end of period (in shares) at Jan. 29, 2022				81,677,315						(15,185,760)
[1]	Options exercised during Fiscal 2021 had a total intrinsic value of $ 87.4 million.

Consolidated Statements of St_2

Consolidated Statements of Stockholder's Equity (Parenthetical) - USD ($) $ in Millions	12 Months Ended
	Jan. 29, 2022	Jan. 30, 2021	Feb. 01, 2020
Statement of Stockholders' Equity [Abstract]
Forfeited restricted shares	2,886	9,437	1,759
Unrealized gains (losses) on interest rate derivative contracts, Tax	$ 3	$ 4.1	$ 6.4
Amount reclassified into earnings on Interest Rate Derivative Contracts, Tax	$ 4	2.8	$ 0.5
Equity component of convertible notes issuance, related taxes		$ 44.1

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Jan. 29, 2022
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	1. Summary of Significant Accounting Policies Business As of January 29, 2022, Burlington Stores, Inc., a Delaware corporation (collectively with its subsidiaries, the Company), has expanded its store base to 840 retail stores in 45 states and Puerto Rico. The Company sells in-season, fashion-focused merchandise at up to 60 % off other retailers’ prices, including: women’s ready-to-wear apparel, menswear, youth apparel, baby, beauty, footwear, accessories, home, toys, gifts and coats. As of January 29, 2022 , the Company operated stores under the names “Burlington Stores” ( 837 stores), “Cohoes Fashions” ( 2 stores), and “MJM Designer Shoes” ( 1 store). Cohoes Fashions offers products similar to those offered by Burlington Stores. MJM Designer Shoes offers moderately priced designer and fashion shoes. Basis of Consolidation and Presentation The accompanying Consolidated Financial Statements have been prepared in accordance with accounting principles generally accepted in the United States of America (GAAP). The Consolidated Financial Statements include the accounts of Burlington Stores, Inc. and its subsidiaries. All inter-company accounts and transactions have been eliminated in consolidation. Fiscal Years The Company defines its fiscal year as the 52 or 53-week period ending on the Saturday closest to January 31. The fiscal years ended January 29, 2022 (Fiscal 2021), January 30, 2021 (Fiscal 2020 ) and February 1, 2020 (Fiscal 2019) each consisted of 52 weeks. Use of Estimates Certain amounts included in the Consolidated Financial Statements are estimated based on historical experience, currently available information and management’s judgment as to the expected outcome of future conditions and circumstances. While every effort is made to ensure the integrity of such estimates, actual results could differ from these estimates, and such differences could have a material impact on the Company’s Consolidated Financial Statements. COVID-19 On March 11, 2020, the World Health Organization declared the novel coronavirus (known as COVID-19) outbreak to be a global pandemic. As a result, the Company began the temporary closing of some its stores, and effective March 22, 2020, the Company made the decision to temporarily close all of its stores, distribution centers (other than processing of received inventory) and corporate offices to combat the rapid spread of COVID-19. The Company began re-opening stores on May 11, 2020, with the majority of stores, as well as all distribution centers, re-opened by mid-June 2020, and substantially all stores re-opened by the end of the second quarter of Fiscal 2020. In response to the COVID-19 pandemic and the temporary closing of stores, the Company provided two weeks of financial support to associates impacted by these store closures and by the shutdown of distribution centers. The Company temporarily furloughed most store and distribution center associates, as well as some corporate associates, but continued to provide benefits to furloughed associates in accordance with its benefit plans. In addition, the Company paid 100 % of medical benefit premiums during the period they were furloughed. During the second quarter, the Company recalled all furloughed associates at re-opened stores, as well as corporate and distribution facilities. In order to maintain financial flexibility during these uncertain times, the Company completed several debt transactions in the first quarter of Fiscal 2020. Refer to Note 7, "Long Term Debt," for further discussion regarding these debt transactions. Additionally, the Company took the following steps to further enhance its financial flexibility: • Carefully managed operating expenses, working capital and capital expenditures, including ceasing substantially all buying activities while stores were closed. The Company subsequently resumed its buying activities, while continuing its conservative approach toward operating expenses and capital expenditures; • Negotiated rent deferral agreements with landlords, which were substantially complete as of the end of Fiscal 2021; • Temporarily suspended the Company’s share repurchase program, which resumed during the third quarter of Fiscal 2021; • The Company’s CEO voluntarily agreed to not take a salary; the Company’s Board of Directors voluntarily forfeited their cash compensation; the Company’s executive leadership team voluntarily agreed to decrease their salary by 50 %; and smaller salary reductions were temporarily put in place for all associates through a certain level. This compensation was reinstated once substantially all of the Company’s stores re-opened; and • The annual incentive bonus payments related to Fiscal 2019 performance were delayed to the second quarter of Fiscal 2020, and merit pay increases for Fiscal 2020 were delayed to the third quarter of Fiscal 2020. Due to the aging of inventory related to the temporary store closures discussed above, as well as the impact of seasonality on the Company’s merchandise, the Company recognized inventory markdown reserves of $ 271.9 million during the three month period ended May 2, 2020. These reserves covered markdowns taken during the second quarter of Fiscal 2020. These charges were included in “Cost of sales” on the Company’s Consolidated Statement of Income (Loss). On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (the CARES Act) was signed into law, which provided emergency economic assistance for American workers, families and businesses affected by the COVID-19 pandemic. As a result of amending prior returns to carry back the federal net operating loss generated on the Fiscal 2020 tax return, the Company expects to obtain a one-time tax refund of $ 245.5 million, which is included in the line item “Prepaid and other current assets” on the Company's Consolidated Balance Sheet. Cash and Cash Equivalents Cash and cash equivalents represent cash and short-term, highly liquid investments with maturities of three months or less at the time of purchase. Book cash overdrafts are included in the line item “Accounts payable” on the Company’s Consolidated Balance Sheets. Accounts Receivable Accounts receivable consist of credit card receivables, insurance receivables and other receivables. Accounts receivable are recorded at net realizable value, which approximates fair value. The Company provides an allowance for doubtful accounts for amounts deemed uncollectible. Inventories Merchandise inventories are valued at the lower of cost or market, as determined by the retail inventory method. Under the retail inventory method, the valuation of inventories at cost and the resulting gross margins are calculated by applying a calculated cost to retail ratio to the retail value of inventories. The Company regularly records a provision for estimated shortage, thereby reducing the carrying value of merchandise inventory. Complete physical inventories of all of the Company’s stores and warehouses are performed no less frequently than annually, with the recorded amount of merchandise inventory being adjusted to coincide with these physical counts. The Company records its cost of merchandise (net of purchase discounts and certain vendor allowances), certain merchandise acquisition costs (primarily commissions and import fees), inbound freight, outbound freight from distribution centers, and freight on internally transferred merchandise in the line item “Cost of sales” in the Company’s Consolidated Statements of Income (Loss). Costs associated with the Company’s distribution, buying, and store receiving functions (product sourcing costs) are included in the line items “Selling, general and administrative expenses” and “Depreciation and amortization” in the Company’s Consolidated Statements of Income (Loss). Product sourcing costs included within the line item “Selling, general and administrative expenses” amounted to $ 618.3 million, $ 433.8 million and $ 339.1 million during Fiscal 2021, Fiscal 2020 and Fiscal 2019 , respectively. Depreciation and amortization related to the distribution and purchasing functions for the same periods amounted to $ 45.0 million, $ 30.8 million and $ 31.9 million, respectively. Property and Equipment Property and equipment are recorded at cost. Depreciation is computed using the straight-line method over the estimated useful lives of the assets, which range from 20 to 40 years for buildings, depending upon the expected useful life of the facility, and 3 to 15 years for store fixtures and equipment. Leasehold improvements are amortized over the lease term, including any reasonably assured renewal options or the expected economic life of the improvement, whichever is less. Repairs and maintenance expenditures are expensed as incurred. Renewals and betterments, which significantly extend the useful lives of existing property and equipment, are capitalized. Assets recorded under capital leases are recorded at the present value of minimum lease payments and are amortized over the lease term. Amortization of assets recorded as capital leases is included in the line item “Depreciation and amortization” in the Company’s Consolidated Statements of Income (Loss). The carrying value of all long-lived assets is reviewed for impairment whenever events or changes in circumstances indicate that the carrying value of an asset may not be recoverable, in accordance with ASC Topic No. 360 “ Property, Plant, and Equipment” (Topic No. 360). Refer to Note 6, “Impairment Charges,” for further discussion of the Company’s measurement of impairment of long-lived assets. Impairment of Long-Lived Assets The Company reviews its long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of assets held and used is measured by a comparison of the carrying amount of an asset to undiscounted pre-tax future net cash flows expected to be generated by that asset. If the undiscounted future cash flows are not adequate to recover the carrying value of the asset, an impairment charge is recognized for the amount by which the carrying amount of the assets exceeds the fair value of such assets. Refer to Note 6, “Impairment Charges,” for further discussion of the Company’s measurement of impairment of long-lived assets. Capitalized Computer Software Costs The Company accounts for capitalized software in accordance with ASC Topic No. 350 “Intangibles—Goodwill and Other” (Topic No. 350) which requires the capitalization of certain costs incurred in connection with developing or obtaining software for internal use. The Company capitalized $ 25.3 million, $ 12.2 million, and $ 18.0 million relating to these costs during Fiscal 2021, Fiscal 2020, and Fiscal 2019 , respectively. Intangible Assets The Company accounts for intangible assets in accordance with Topic No. 350. The Company’s intangible assets represent tradenames. The tradename asset “Burlington” is expected to generate cash flows indefinitely and, therefore, is accounted for as an indefinite-lived asset not subject to amortization. The Company evaluates its intangible assets for possible impairment as follows: Indefinite-lived intangible assets: The Company tests identifiable intangible assets with an indefinite life for impairment on an annual basis, or when a triggering event occurs, relying on a number of factors that include operating results, business plans and projected future cash flows. The impairment test consists of a comparison of the fair value of the indefinite-lived intangible asset with its carrying amount. The Company determines fair value through the relief of royalty method which is a widely accepted valuation technique. On the first business day of the second quarter, the Company’s annual assessment date, the Company performed a quantitative analysis and determined that the fair values of each of the Company’s identifiable intangible assets are greater than their respective carrying values. There were no impairment charges recorded during Fiscal 2021, Fiscal 2020 or Fiscal 2019 related to indefinite-lived intangible assets. Finite-lived intangible assets: Identifiable intangible assets that are subject to amortization are evaluated for impairment in accordance with Topic No. 360 using a process similar to that used to evaluate other long-lived assets as described in Note 6, “Impairment Charges.” An impairment charge is recognized for the amount by which the carrying value exceeds the fair value of the asset. There were no impairment charges related to finite-lived intangible assets during Fiscal 2021, Fiscal 2020, and Fiscal 2019 . Refer to Note 6, “Impairment Charges,” for further discussion of the Company’s measurement of impairment of long-lived assets. Goodwill Goodwill represents the excess of the acquisition cost over the estimated fair value of tangible assets and other identifiable intangible assets acquired less liabilities assumed. Topic No. 350 requires a comparison, at least annually, of the carrying value of the assets and liabilities associated with a reporting unit, including goodwill, with the fair value of the reporting unit. The Company determines fair value through multiple widely accepted valuation techniques. These techniques use a variety of assumptions including projected market conditions, discount rates and future cash flows. If the carrying value of the assets and liabilities exceeds the fair value of the reporting unit, the Company would calculate the implied fair value of its reporting unit goodwill as compared with the carrying value of its reporting unit goodwill to determine the appropriate impairment charge. On the first business day of the second fiscal quarter, the Company’s annual assessment date, the Company performed a quantitative analysis and determined that the fair value of the Company’s reporting unit was greater than its carrying value. There were no impairment charges related to goodwill during Fiscal 2021, Fiscal 2020 or Fiscal 2019 . Other Assets Other assets consist primarily of landlord-owned store assets that the Company has paid for as part of its lease and deferred financing costs associated with the Company’s senior secured asset-based revolving credit facility (the ABL Line of Credit). Landlord-owned assets represent leasehold improvements at certain stores for which the Company has paid and derives a benefit, but the landlord has retained title. These assets are amortized over the lease term inclusive of reasonably assured renewal options, and are included in the line item “Depreciation and amortization” in the Company’s Consolidated Statements of Income (Loss). Deferred financing costs are amortized over the life of the ABL Line of Credit using the interest method of amortization. Amortization of deferred financing costs is recorded in the line item “Interest expense” in the Company’s Consolidated Statements of Income (Loss). Other Current Liabilities Other current liabilities primarily consist of accrued payroll costs, self-insurance reserves, customer liabilities, accrued operating expenses, sales tax payable, payroll taxes payable and other miscellaneous items. Customer liabilities totaled $ 35.5 million and $ 30.2 million as of January 29, 2022 and January 30, 2021, respectively. The Company has risk participation agreements with insurance carriers with respect to workers’ compensation, general liability insurance and health insurance. Pursuant to these arrangements, the Company is responsible for paying individual claims up to designated dollar limits. The amounts related to these claims are estimated and can vary based on changes in assumptions or claims experience included in the associated insurance programs. An increase in workers’ compensation claims, health insurance claims or general liability claims may result in a corresponding increase in costs related to these claims. Self-insurance reserves as of January 29, 2022 and January 30, 2021 were: (in thousands) January 29, January 30, Short-term self-insurance reserve(a) $ 33,734 $ 33,191 Long-term self-insurance reserve(b) 47,841 47,721 Total $ 81,575 $ 80,912 (a) Represents the portions of the self-insurance reserve expected to be paid in the next twelve months, which were recorded in the line item “Other current liabilities” in the Company’s Consolidated Balance Sheets. (b) Represents the portions of the self-insurance reserve expected to be paid in excess of twelve months, which was recorded in the line item “Other liabilities” in the Company’s Consolidated Balance Sheets. Other Liabilities Other liabilities primarily consist of the long term portion of self-insurance reserves, the fair value of derivative contracts and tax liabilities associated with the uncertain tax positions recognized by the Company in accordance with ASC Topic No. 740 “Income Taxes” (Topic No. 740). Revenue Recognition The Company records revenue at the time control of the goods are transferred to the customer, which the Company determines to be at point of sale and delivery of merchandise, net of allowances for estimated future returns, which is estimated based on historical return rates. The Company presents sales, net of sales taxes, in its Consolidated Statements of Income (Loss). The Company accounts for layaway sales in compliance with ASC Topic No. 606 “Revenue from Contracts with Customers” (Topic No. 606). Layaway sales are recognized upon delivery of merchandise to the customer. The amount of cash received upon initiation of the layaway is recorded as a deposit liability in the line item “Other current liabilities” in the Company’s Consolidated Balance Sheets. Stored value cards (gift cards and store credits issued for merchandise returns) are recorded as a liability at the time of issuance, and the related sale is recorded upon redemption. The Company determines an estimated stored value card breakage rate by continuously evaluating historical redemption data. Breakage income is recognized monthly in proportion to the historical redemption patterns for those stored value cards for which the likelihood of redemption is remote. Other Revenue Other revenue consists of service fees (layaway and other miscellaneous service charges), subleased rental income and revenue from the Company's private label credit card (PLCC) as shown in the table below: (in thousands) Fiscal Years Ended January 29, January 30, February 1, Service fees $ 3,178 $ 3,186 $ 16,051 Subleased rental income, PLCC and other 12,529 9,253 9,104 Total $ 15,707 $ 12,439 $ 25,155 Private Label Credit Card The Company has a private label credit card program, in which customers earn reward points for purchases made using the card. The Company reduces net sales for the dollar value of any points earned at the time of the initial transaction, and subsequently recognizes net sales at the time the points are redeemed or expired. The Company receives royalty revenue based on a percentage of all purchases made on the card, which is recognized at the time of the initial transaction. The Company also receives a fee for each card activated. Revenue from activation fees are deferred and amortized over the period the Company performs its obligations under the card to the customer. Advertising Costs The Company’s advertising costs consist primarily of video, audio and digital marketing. Advertising costs are expensed the first time the advertising takes place, and are included in the line item “Selling, general and administrative expenses” on the Company’s Consolidated Statements of Income (Loss). During Fiscal 2021, Fiscal 2020 and Fiscal 2019, advertising costs were $ 48.5 million, $ 43.8 million and $ 73.1 million, respectively. Income Taxes The Company accounts for income taxes in accordance with Topic No. 740. Deferred income taxes reflect the impact of temporary differences between amounts of assets and liabilities for financial reporting purposes and such amounts as measured by tax laws. A valuation allowance against the Company’s deferred tax assets is recorded when it is more likely than not that some portion or all of the deferred tax assets will not be realized. In determining the need for a valuation allowance, management is required to make assumptions and to apply judgment, including forecasting future earnings, taxable income, and the mix of earnings in the jurisdictions in which the Company operates. Management periodically assesses the need for a valuation allowance based on the Company’s current and anticipated results of operations. The need for and the amount of a valuation allowance can change in the near term if operating results and projections change significantly. Topic No. 740 requires the recognition in the Company’s Consolidated Financial Statements of the impact of a tax position taken or expected to be taken in a tax return, if that position is “more likely than not” to be sustained upon examination by the relevant taxing authority, based on the technical merits of the position. The tax benefits recognized in the Company’s Consolidated Financial Statements from such a position are measured based on the largest benefit that has a greater than fifty percent likelihood of being realized upon ultimate resolution. The Company records interest and penalties related to unrecognized tax benefits as part of income taxes. Other Income, Net Other income, net, consists of gains and losses on insurance proceeds, interest income, net gains and losses on disposition of assets, gift card breakage, and other miscellaneous items . The Company recognized $ 1.5 million, $ 3.2 million and $ 8.1 million of gain on insurance recoveries during Fiscal 2021, Fiscal 2020 and Fiscal 2019 , respectively. The Company also recognized $ 3.7 million during Fiscal 2021, related to the sale of certain state tax credits. There were no sales of tax credits during Fiscal 2020 or Fiscal 2019. Comprehensive Income (Loss) Comprehensive income (loss) is comprised of net income (loss) and the effective portion of changes in the fair value of derivatives designated and that qualify as cash flow hedges, less amounts reclassified into earnings. Lease Accounting The Company leases store locations, distribution centers and office space used in its operations. Beginning in Fiscal 2019, as a result of adopting Accounting Standards Update (ASU) 2016-02, “Leases” (ASU 2016-02) , the Company accounts for these types of leases in accordance with ASC Topic No. 842, “Leases” (Topic No. 842), which requires that leases be evaluated and classified as operating or finance leases for financial reporting purposes. The lease liability is calculated as the present value of the remaining future lease payments over the lease term, including reasonably assured renewal options. The discount rates used in valuing the Company’s leases are not readily determinable, and are based on the Company’s incremental borrowing rate on a fully collateralized basis. In calculating its incremental borrowing rate, the Company uses a retail industry yield curve, adjusted for the Company’s credit profile. The right-of-use asset for operating leases is based on the lease liability plus initial direct costs and prepaid lease payments, less landlord incentives received. The Company’s operating lease cost, included in the line item “Selling, general and administrative expenses” on its Consolidated Statements of Income (Loss), includes amortization of right-of-use assets, interest on lease liabilities, as well as any variable and short-term lease cost. The Company commences recording operating lease cost when the underlying asset is made available for use. Assets held under finance leases are included in the line item “Property and equipment—net of accumulated depreciation and amortization” in the Company’s Consolidated Balance Sheets. Stock-Based Compensation The Company accounts for stock-based compensation in accordance with ASC Topic No. 718, “Stock Compensation” (Topic No. 718), which requires companies to record stock compensation expense for all non-vested and new awards beginning as of the grant date and through the end of the vesting period. Refer to Note 11, “Stock-Based Compensation,” for further details. Net Income (Loss) Per Share Net income (loss) per share is calculated using the treasury stock method. Refer to Note 10, “Net Income (Loss) Per Share,” for further details. Credit Risk Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash, cash equivalents and investments. The Company manages the credit risk associated with cash equivalents and investments by investing with high-quality institutions and, by policy, limiting investments only to those which meet prescribed investment guidelines. The Company maintains cash accounts that, at times, may exceed federally insured limits. The Company has not experienced any losses from maintaining cash accounts in excess of such limits. Management believes that it is not exposed to any significant risks on its cash and cash equivalent accounts. Segment Information The Company reports segment information in accordance with ASC Topic No. 280 “Segment Reporting.” The Company has one reportable segment. The Company is an off-price retailer that offers customers a complete line of value-priced apparel, including: women’s ready-to-wear apparel, accessories, footwear, menswear, youth apparel, baby, home, coats, beauty, toys and gifts. Sales percentage by major product category is as follows: Category Fiscal 2021 Fiscal 2020 Fiscal 2019 Ladies apparel 23 % 20 % 21 % Accessories and shoes 23 % 24 % 26 % Home 20 % 21 % 17 % Mens apparel 16 % 16 % 17 % Kids apparel and baby 14 % 15 % 15 % Outerwear 4 % 4 % 4 % Certain classifications have been updated in the above table compared to prior years in order to conform to the manner in which the Company manages its operations. These updates include a shift in certain cold weather categories from apparel to accessories and shoes, as well as in certain gifts, electronics, automotive and other miscellaneous categories from men's to home. Prior year amounts have been reclassified to conform to the current period presentation.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	12 Months Ended
	Jan. 29, 2022
Accounting Standards Update and Change in Accounting Principle [Abstract]
Recent Accounting Pronouncements	2. Recent Accounting Pronouncements Convertible Debt On August 5, 2020, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2020-06, “Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity” (ASU 2020-06), which simplifies the accounting for certain financial instruments with characteristics of liabilities and equity, including convertible instruments. The new guidance removes from GAAP the separation models for convertible debt with a cash conversion feature. The Company elected to early adopt this ASU as of the beginning of Fiscal 2021, using the modified retrospective method of transition. Prior periods have not been restated. In April 2020, the Company issued $ 805.0 million of 2.25 % Convertible Senior Notes due 2025 (Convertible Notes). As a result of adopting the guidance, the Company is no longer separating the Convertible Notes into debt and equity components, and is instead accounting for it wholly as debt. As of the beginning of Fiscal 2021, this ASU resulted in a reduction in the line item “Additional paid-in capital” of $ 176.0 million, net of deferred financing costs, and an increase in the line item “Long term debt” of $ 153.0 million, which eliminated the debt discount and reallocated deferred financing costs that were previously allocated to the equity component. The changes noted above caused a decrease in the effective interest rate on the Convertible Notes from 8.2 % to 2.8 %, resulting in a cumulative-effect adjustment to retained earnings of $ 23.0 million related to Fiscal 2020 interest expense, as well as a $ 31.3 million reduction in interest expense for Fiscal 2021. As of the beginning of Fiscal 2021, the tax effect of adopting this guidance resulted in a $ 44.1 million increase in the line item “Additional paid-in-capital,” a $ 38.3 million reduction in the line item “Deferred tax liabilities” and a $ 5.9 million reduction to retained earnings. The new guidance also requires use of the if-converted method when calculating the dilutive impact of the Convertible Notes on earnings per share. The Company used the treasury stock method prior to adoption of the ASU. This ASU resulted in an increase in net income as a result of the reduction of interest expense, as well as an increase in diluted shares caused by the application of the if-converted method, resulting in an increase to diluted net income per share of $ 0.29 during Fiscal 2021. There were no other new a ccounting standards that had a material impact on the Company’s Consolidated Financial Statements and notes thereto during Fiscal 2021, and there were no other new accounting standards or pronouncements that were issued but not yet effective as of January 29, 2022 that the Company expects to have a material impact on its financial position or results of operations upon becoming effective. Income Taxes On December 18, 2019, the FASB issued ASU 2019-12, "Simplifying the Accounting for Income Taxes." The purpose of this ASU is to reduce cost and complexity associated with the accounting for income taxes by removing specific exceptions to the general principles in Topic 740, Income Taxes, and by clarifying and amending certain aspects of income-tax-related guidance. The ASU also improves financial statement preparers’ application of income tax-related guidance and simplifies GAAP for franchise taxes that are partially based on income and enacted changes in tax laws in interim periods. This ASU became effective as of the beginning of Fiscal 2021. Adoption of this ASU did not have a significant impact on the Company’s Consolidated Financial Statements.

Restricted Cash and Cash Equiva

Restricted Cash and Cash Equivalents	12 Months Ended
	Jan. 29, 2022
Cash and Cash Equivalents [Abstract]
Restricted Cash and Cash Equivalents	3. Restricted Cash and Cash Equivalents At both January 29, 2022 and January 30, 2021, restricted cash and cash equivalents consisted of $ 6.6 million related to collateral for certain insurance contracts. The Company has the ability to convert the restricted cash to a letter of credit at any time, which would reduce available borrowings on the ABL Line of Credit by a like amount.

Property and Equipment

Property and Equipment	12 Months Ended
	Jan. 29, 2022
Property, Plant and Equipment [Abstract]
Property and Equipment	4. Property and Equipment Property and equipment consist of: (in thousands) Useful Lives January 29, January 30, Land N/A $ 148,144 $ 148,973 Buildings 20 to 40 Years 490,698 492,289 Store fixtures and equipment 3 to 15 Years 1,300,997 1,074,584 Software 3 to 10 Years 307,077 278,786 Leasehold improvements Shorter of 828,095 772,825 Construction in progress N/A 128,673 170,061 Total property and equipment at cost 3,203,684 2,937,518 Less: accumulated depreciation and amortization ( 1,651,447 ) ( 1,498,655 ) Total property and equipment, net of accumulated $ 1,552,237 $ 1,438,863 As of January 29, 2022 and January 30, 2021 , assets, net of accumulated amortization of $ 13.3 million and $ 8.7 million, respectively, held under finance leases amounted to approximately $ 34.2 million and $ 38.9 million, respectively, and are included in the line item “Buildings” in the foregoing table. Amortization expense related to finance leases is included in the line item “Depreciation and amortization” in the Company’s Consolidated Statements of Income (Loss). The total amount of depreciation expense during Fiscal 2021, Fiscal 2020 and Fiscal 2019 was $ 218.1 million, $ 189.5 million and $ 178.2 million, respectively. Internally developed software is amortized on a straight line basis over three to ten years and is recorded in the line item “Depreciation and amortization” in the Company’s Consolidated Statements of Income (Loss). Amortization of internally developed software amounted to $ 18.9 million, $ 16.9 million and $ 17.9 million during Fiscal 2021, Fiscal 2020 and Fiscal 2019, respectively. Landlord-owned assets represent leasehold improvements at certain stores for which the Company has paid and derives a benefit, but the landlord has retained title. These assets are amortized over the lease term inclusive of reasonably assured renewal options. Amortization of landlord-owned assets was $ 12.2 million, $ 14.0 million and $ 14.6 million, during Fiscal 2021, Fiscal 2020 and Fiscal 2019, respectively, and was included in the line item “Depreciation and amortization” in the Company’s Consolidated Statements of Income (Loss). During Fiscal 2021, Fiscal 2020 and Fiscal 2019, the Company recorded impairment charges related to property and equipment of $ 7.5 million, $ 4.6 million and $ 3.4 million, respectively. These charges are recorded in the line item “Impairment charges—long-lived assets” in the Company’s Consolidated Statements of Income (Loss). Refer to Note 6, “Impairment Charges,” for further discussion.

Intangible Assets

Intangible Assets	12 Months Ended
	Jan. 29, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets	5. Intangible Assets Intangible assets at January 29, 2022 and January 30, 2021 consist primarily of tradenames. (in thousands) January 29, 2022 January 30, 2021 Gross Accumulated Net Gross Accumulated Net Tradenames $ 238,000 $ — $ 238,000 $ 238,000 $ — $ 238,000

Impairment Charges

Impairment Charges	12 Months Ended
	Jan. 29, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Impairment Charges	6. Impairment Charges Impairment charges recorded during Fiscal 2021, Fiscal 2020 and Fiscal 2019 amounted to $ 7.7 million, $ 6.0 million and $ 4.3 million, respectively. Impairment charges are primarily related to declines in revenues and operating results of the respective stores. Impairment charges during these periods related to the following: (in thousands) Fiscal Years Ended Asset Categories January 29, January 30, February 1, Store fixtures and equipment 3,163 $ 2,811 $ 809 Leasehold improvements 3,330 1,665 52 Operating lease assets 202 1,373 921 Buildings 970 43 921 Land — — 1,604 Other assets 83 120 8 Total $ 7,748 $ 6,012 $ 4,315 The Company recorded impairment charges related to store-level assets for nine stores during Fiscal 2021 , 14 stores during Fiscal 2020 , and two stores, as well as the online store, during Fiscal 2019. Long-lived assets are measured at fair value on a non-recurring basis for purposes of calculating impairment using the fair value hierarchy of ASC Topic No. 820 “Fair Value Measurements” (Topic No. 820). Refer to Note 15, “Fair Value of Financial Instruments,” for further discussion of the Company’s fair value hierarchy. The fair value of the Company’s long-lived assets is calculated us ing a discounted cash-flow model that used level 3 inputs. In calculating future cash flows, the Company makes estimates regarding future operating results and market rent rates, based on its experience and knowledge of market factors in which the retail location is located. During Fiscal 2021 and Fiscal 2020, the assets impaired had a remaining carrying value after impairments of $ 63.4 million and $ 30.5 million, respectively, primarily related to the right-of-use assets.

Long Term Debt

Long Term Debt	12 Months Ended
	Jan. 29, 2022
Debt Disclosure [Abstract]
Long Term Debt	7. Long Term Debt Long term debt consists of: (in thousands) January 29, January 30, 2022 2021 Senior secured term loan facility (Term B-6 Loans), LIBOR (with a floor of 0.00 %) plus 2.00 %, matures on June 24, 2028 $ 950,676 $ — Senior secured term loan facility (Term B-5 Loans), LIBOR (with a floor of 0.00 %) plus 1.75 %, repaid in full on June 24, 2021 — 958,418 $ 805,000 convertible senior notes, 2.25 %, matures on April 15, 2025 572,322 648,311 $ 300,000 senior secured notes, 6.25 %, redeemed in full on June 11, 2021 — 300,000 $ 650,000 ABL senior secured revolving facility, LIBOR plus spread based on average outstanding balance, matures on December 22, 2026 — — Finance lease obl igations 43,945 47,664 Unamortized deferred financing costs ( 11,484 ) ( 22,724 ) Total debt 1,555,459 1,931,669 Less: current maturities ( 14,357 ) ( 3,899 ) Long term debt, net of current maturities $ 1,541,102 $ 1,927,770 Term Loan Facility On February 24, 2011, the Company entered into a senior secured term loan facility (the Term Loan Facility). The Term Loan Facility was issued pursuant to a credit agreement (Term Loan Credit Agreement), dated February 24, 2011, among Burlington Coat Factory Warehouse Corporation, an indirect subsidiary of the Company (BCFWC), the guarantors signatory thereto, and JPMorgan Chase Bank, N.A., as administrative agent and as collateral agent, the lenders party thereto, J.P. Morgan Securities LLC and Goldman Sachs Lending Partners LLC, as joint bookrunners, and J.P. Morgan Securities LLC, Goldman Sachs Lending Partners LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and Wells Fargo Securities, LLC, as joint arrangers, governing the terms of the Term Loan Facility. On February 26, 2020, the Company entered into Amendment No. 8 (the Eighth Amendment) to the Term Loan Credit Agreement governing its Term Loan Facility. The Eighth Amendment, among other things, reduced the interest rate margins applicable to the Term Loan Facility from 1.00 % to 0.75 %, in the case of prime rate loans, and from 2.00 % to 1.75 %, in the case of LIBOR loans, with the LIBOR floor remaining at 0.00 %. In connection with the execution of the Eighth Amendment, the Company incurred fees of $ 1.1 million, primarily related to legal and placement fees, which were recorded in the line item “Costs related to debt issuances and amendments” in the Company’s Consolidated Statement of Income (Loss). Additionally, the Company recognized a non-cash loss on the extinguishment of debt of $ 0.2 million, representing the write-off of unamortized deferred financing costs and original issue discount, which was recorded in the line item “Loss on extinguishment of debt” in the Company’s Consolidated Statement of Income (Loss). On June 24, 2021, BCFWC entered into Amendment No. 9 (the Ninth Amendment) to the Term Loan Credit Agreement governing the Term Loan Facility. The Ninth Amendment, among other things, extended the maturity date from November 17, 2024 to June 24, 2028 , and changed the interest rate margins applicable to the Term Loan Facility from 0.75 % to 1.00 %, in the case of prime rate loans, and from 1.75 % to 2.00 %, in the case of LIBOR loans, with a 0.00 % LIBOR floor. This amendment also requires quarterly principal payments of $ 2.4 million. In connection with the execution of the Ninth Amendment, the Company incurred fees of $ 3.3 million, primarily related to legal and placement fees, which were recorded in the line item “Costs related to debt issuances and amendments” in the Company’s Consolidated Statement of Income (Loss). Additionally, the Company recognized a loss on the extinguishment of debt of $ 1.2 million, representing the write-off of unamortized deferred financing costs and original issue discount, which was recorded in the line item “Loss on extinguishment of debt” in the Company’s Consolidated Statement of Income (Loss). The Term Loan Facility is collateralized by a first lien on the Company's favorable leases, real estate and property & equipment and a second lien on the Company's inventory and receivables. Interest rates for the Term Loan Facility are based on: (i) for LIBOR rate loans for any interest period, at a rate per annum equal to the greater of (x) the LIBOR rate, as determined by the Term Loan Facility Administrative Agent, for such interest period multiplied by the Statutory Reserve Rate (as defined in the Term Loan Credit Agreement), and (y) 0.00 % (the Term Loan Adjusted LIBOR Rate), plus an applicable margin; and (ii) for prime rate loans, a rate per annum equal to the highest of (a) the variable annual rate of interest then announced by JPMorgan Chase Bank, N.A. at its head office as its “prime rate,” (b) the federal reserve bank of New York rate in effect on such date plus 0.50 % per annum, and (c) the Term Loan Adjusted LIBOR Rate for the applicable class of term loans for one-month plus 1.00 %, plus, in each case, an applicable margin. As of January 29, 2022 , the Company’s borrowing rate related to the Term Loan Facility was 2.1 %. Convertible Notes On April 16, 2020, the Company issued $ 805.0 million of Convertible Notes. The Convertible Notes are general unsecured obligations of the Company. The Convertible Notes bear interest at a rate of 2.25 % per year, payable semi-annually in cash, in arrears, on April 15 and October 15 of each year, beginning on October 15, 2020 . The Convertible Notes will mature on April 15, 2025 , unless earlier converted, redeemed or repurchased. During the third quarter of Fiscal 2021, the Company entered into separate, privately negotiated exchange agreements with certain holders of the Convertible Notes. Under the terms of the exchange agreements, the holders exchanged $ 160.4 million in aggregate principal amount of Convertible Notes held by them for a combination of an aggregate of $ 90.8 million in cash and 513,991 shares of the Company's common stock. During the fourth quarter of Fiscal 2021, the Company entered into separate, privately negotiated exchange agreements with certain holders of the Convertible Notes. Under the terms of these exchange agreements, the holders exchanged $ 72.3 million in aggregate principal amount of Convertible Notes held by them for $ 109.0 million in cash. These exchanges resulted in aggregate pre-tax debt extinguishment charges of $ 124.6 million in Fiscal 2021. Subsequent to January 29, 2022 (March 15, 2022), the Company entered into separate, privately negotiated exchange agreements with certain holders of the Convertible Notes. Under the terms of the exchange agreements, the holders have agreed to exchange $ 55.6 million in aggregate principal amount of Convertible Notes held by them for an amount in cash to be calculated based on the volume-weighted average price of the Company’s common stock over a two-day measurement period beginning on March 16, 2022. These exchange transactions are expected to close on March 21, 2022, subject to the satisfaction of customary closing conditions. Prior to the close of business on the business day immediately preceding January 15, 2025, the Convertible Notes will be convertible at the option of the holders only upon the occurrence of certain events and during certain periods. Thereafter, the Convertible Notes will be convertible at the option of the holders at any time until the close of business on the second scheduled trading day immediately preceding the maturity date. The Convertible Notes have an initial conversion rate of 4.5418 shares per $ 1,000 principal amount of Convertible Notes (equivalent to an initial conversion price of approximately $ 220.18 per share of the Company’s common stock), subject to adjustment if certain events occur. The initial conversion price represents a conversion premium of approximately 32.50 % over $ 166.17 per share, the last reported sale price of the Company’s common stock on April 13, 2020 (the pricing date of the offering) on the New York Stock Exchange. During the first quarter of Fiscal 2021, the Company made an irrevocable settlement election for any conversions of the Convertible Notes. Upon conversion, the Company will pay cash for the principal amount. For any excess above principal, the Company will deliver shares of its common stock. The Company may not redeem the Convertible Notes prior to April 15, 2023. On or after April 15, 2023, the Company will be able to redeem for cash all or any portion of the Convertible Notes, at its option, if the last reported sale price of the Company’s common stock is equal to or greater than 130 % of the conversion price for a specified period of time, at a redemption price equal to 100 % of the principal aggregate amount of the Convertible Notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the redemption date. Holders of the Convertible Notes may require the Company to repurchase their Convertible Notes upon the occurrence of certain events that constitute a fundamental change under the indenture governing the Convertible Notes at a purchase price equal to 100 % of the principal amount thereof, plus accrued and unpaid interest to, but excluding, the date of repurchase. In connection with certain corporate events or if the Company issues a notice of redemption, it will, under certain circumstances, increase the conversion rate for holders who elect to convert their Convertible Notes in connection with such corporate event or during the relevant redemption period for such Convertible Notes. The Convertible Notes contain a cash conversion feature, and as a result, the Company initially separated it into liability and equity components. The Company valued the liability component based on its borrowing rate for a similar debt instrument that does not contain a conversion feature. The equity component, which was recognized as a debt discount, was valued as the difference between the face value of the Convertible Notes and the fair value of the liability component. As a result of adopting ASU 2020-06, the Company is no longer separating the Convertible Notes into debt and equity components, and is instead accounting for it wholly as debt. In connection with the Convertible Notes issuance, the Company incurred deferred financing costs of $ 21.0 million, primarily related to fees paid to the bookrunners of the offering, as well as legal, accounting and rating agency fees. These costs were initially allocated on a pro rata basis, with $ 16.4 million allocated to the debt component and $ 4.6 million allocated to the equity component. As a result of adopting ASU 2020-06, all unamortized deferred financing costs related to the Convertible Notes are now allocated to debt. Prior to adoption of ASU 2020-06, the debt discount and the debt portion of the deferred costs were being amortized to interest expense over the term of the Convertible Notes at an effective interest rate of 8.2 %. The effective interest rate after adoption of ASU 2020-06 is 2.8 %. The Convertible Notes consist of the following components as of the dates indicated: (in thousands) January 29, January 30, 2022 2021 Liability component: Principal $ 572,322 $ 805,000 Unamortized debt discount — ( 156,689 ) Unamortized deferred debt costs ( 9,761 ) ( 14,191 ) Net carrying amount $ 562,561 $ 634,120 Equity component, net $ — $ 131,916 Interest expense related to the Convertible Notes consists of the following as of the periods indicated: (in thousands) Fiscal Year Ended January 29, 2022 January 30, 2021 February 1, 2020 Coupon interest $ 16,313 $ 14,375 $ — Amortization of debt discount — 23,988 — Amortization of deferred debt costs 3,742 2,173 — Convertible Notes interest expense $ 20,055 $ 40,536 $ — Secured Notes On April 16, 2020, BCFWC issued $ 300.0 million of 6.25 % Senior Secured Notes due 2025 (Secured Notes). The Secured Notes were senior, secured obligations of BCFWC, and interest was payable semiannually in cash, in arrears, at a rate of 6.25 % per annum on April 15 and October 15 of each year, beginning on October 15, 2020 . The Secured Notes were guaranteed on a senior secured basis by Burlington Coat Factory Holdings, LLC, Burlington Coat Factory Investments Holdings, Inc. and BCFWC’s subsidiaries that guarantee the loans under the Term Loan Facility. In connection with the Secured Notes issuance, the Company incurred deferred financing costs of $ 7.9 million, primarily related to fees paid to the bookrunners of the offering, as well as legal fees. These costs are being amortized to interest expense over the term of the Secured Notes. The Company incurred additional costs of $ 2.5 million, primarily related to legal fees, which are recorded in the line item, “Costs related to debt issuances and amendments” in the Company’s Consolidated Statement of Income (Loss). On June 11, 2021, BCFWC redeemed the full $ 300.0 million aggregate principal amount of the Secured Notes. The redemption price of the Secured Notes was $ 323.7 million, plus accrued and unpaid interest to, but not including, the date of redemption. This redemption resulted in a pre-tax debt extinguishment charge of $ 30.2 million in the three month period ended July 31, 2021. ABL Line of Credit The aggregate amount of commitments under the Second Amended and Restated Credit Agreement (as amended, supplemented and otherwise modified, the Amended ABL Credit Agreement) is $ 650.0 million (subject to a borrowing base limitation) and, subject to the satisfaction of certain conditions, the Company can increase the aggregate amount of commitments up to $ 950.0 million. The interest rate margin applicable under the Amended ABL Credit Agreement in the case of loans drawn at LIBOR is 1.125 % - 1.375 % (based on total commitments or borrowing base availability), and the fee on the average daily balance of unused loan commitments is 0.20%. The ABL Line of Credit is collateralized by a first priority lien on the Company’s and each guarantor's inventory, receivables, bank accounts, and certain related assets and proceeds thereof (subject to certain exceptions), and a second priority lien on the Company's and each guarantor's other assets and proceeds thereof, including certain owned real estate (subject to certain exceptions). The Company believes that the Amended ABL Credit Agreement provides the liquidity and flexibility to meet its operating and capital requirements over the remaining term of the ABL Line of Credit. Further, the calculation of the borrowing base under the Amended ABL Credit Agreement allows for increased availability with respect to inventory during the period from August 1st through November 30th of each year. On March 17, 2020, the Company borrowed $ 400.0 million under the ABL Line of Credit as a precautionary measure in order to increase the Company’s cash position and facilitate financial flexibility in light of the uncertainty resulting from COVID-19. The Company repaid $ 150.0 million of this amount during the second quarter of Fiscal 2020, and the remaining $ 250.0 million during the fourth quarter of Fiscal 2020. On December 22, 2021, the Company finalized an extension of its current ABL line of credit. This extension increased the aggregate principal amount of the commitments from $ 600 million to $ 650 million, extended the maturity date to December 22, 2026 , and reduced the interest rate margins applicable to the Company’s ABL facility. At January 29, 2022 , the Company had $ 594.6 million available under the ABL Line of Credit. The Company did not have any borrowings during Fiscal 2021. At January 30, 2021 , the Company had $ 476.8 million available under the ABL Line of Credit. The maximum borrowings under the facility during Fiscal 2020 amounted to $ 400.0 million. Average borrowings during Fiscal 2020 amounted to $ 256.6 million at an average interest rate of 1.9 %. Deferred Financing Costs The Company had $ 2.8 million and $ 1.8 million in deferred financing costs associated with its ABL Line of Credit, which are recorded in the line item “Other assets” in the Company’s Consolidated Balance Sheets as of January 29, 2022 and January 30, 2021 , respectively. In addition, the Company had $ 11.5 million and $ 22.7 million of deferred financing costs associated with its Term Loan Facility, Convertible Notes and Secured Notes, recorded in the line item “Long term debt” in the Company’s Consolidated Balance Sheets as of January 29, 2022 and January 30, 2021, respectively. Amortization of deferred financing costs amounted to $ 5.3 million, $ 4.5 million and $ 1.2 million during Fiscal 2021, Fiscal 2020 and Fiscal 2019, respectively, which was included in the line item “Interest expense” in the Company’s Consolidated Statements of Income (Loss). Amortization expense related to the deferred financing costs as of January 29, 2022 for each of the next five fiscal years and thereafter is estimated to be as follows: Fiscal Years (in thousands) 2022 $ 3,784 2023 3,938 2024 3,935 2025 1,458 2026 763 Thereafter 367 Total $ 14,245 Deferred financing costs have a weighted average amortization period of approximately 3.9 years. Scheduled Maturities Scheduled maturities of the Company’s long term debt obligations, as they exist as of January 29, 2022, in each of the next five fiscal years and thereafter are as follows: (in thousands) Total Debt Fiscal Years: 2022 $ 9,614 2023 9,614 2024 9,614 2025 581,936 2026 9,614 Thereafter 908,537 Total 1,528,929 Less: unamortized discount ( 5,931 ) Less: unamortized deferred financing costs ( 11,484 ) Finance lease liabilities 43,945 Total debt $ 1,555,459

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activities	12 Months Ended
	Jan. 29, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities	8. Derivative Instruments and Hedging Activities The Company accounts for derivatives and hedging activities in accordance with ASC Topic No. 815 “Derivatives and Hedging” (Topic No. 815). Topic No. 815 provides the disclosure requirements for derivatives and hedging activities with the intent to provide users of financial statements with an enhanced understanding of: (i) how and why an entity uses derivative instruments, (ii) how the entity accounts for derivative instruments and related hedged items, and (iii) how derivative instruments and related hedged items affect an entity’s financial position, financial performance, and cash flows. Further, qualitative disclosures are required that explain the Company’s objectives and strategies for using derivatives, as well as quantitative disclosures about the fair value of gains and losses on derivative instruments, and disclosures about credit-risk-related contingent features in derivative instruments. As required by Topic No. 815, the Company records all derivatives on the balance sheet at fair value and adjusts them to market on a quarterly basis. The accounting for changes in the fair value of derivatives depends on the intended use of the derivative, whether the Company has elected to designate a derivative in a hedging relationship and apply hedge accounting, and whether the hedging relationship has satisfied the criteria necessary to apply hedge accounting. Derivatives designated and qualifying as a hedge of the exposure to variability in expected future cash flows, or other types of forecasted transactions, are considered cash flow hedges. Hedge accounting generally provides for the matching of the timing of gain or loss recognition on the hedging instrument with the earnings effect of the hedged forecasted transactions in a cash flow hedge. The Company may enter into derivative contracts that are intended to economically hedge certain of its risk, even though hedge accounting does not apply or the Company elects not to apply hedge accounting. The Company has used interest rate cap contracts and interest rate swap contracts to add stability to interest expense and to manage its exposure to interest rate movements. The fair value of these contracts are determined using the market standard methodology of discounted future variable cash flows. The variable cash flows of the interest rate cap contracts are determined using the market standard methodology of discounting the future expected cash receipts that would occur if variable interest rates rise above the strike rate of the caps in conjunction with the cash payments related to financing the premium of the interest rate caps. The variable cash flows of the interest rate swap contract are determined using the market standard methodology of discounting the future expected cash receipts that would occur if variable interest rates rise or fall compared to current levels in conjunction with the fixed cash payments. The variable interest rates used in the calculation of projected receipts on the cap and swap contracts are based on an expectation of future interest rates derived from observable market interest rate curves and volatilities. In addition, to comply with the provisions of Topic No. 820, credit valuation adjustments, which consider the impact of any credit enhancements to the contracts, are incorporated in the fair values to account for potential nonperformance risk. In adjusting the fair value of its derivative contracts for the effect of nonperformance risk, the Company has considered any applicable credit enhancements such as collateral postings, thresholds, mutual puts, and guarantees. In accordance with Topic No. 820, the Company made an accounting policy election to measure the credit risk of its derivative financial instruments that are subject to master netting agreements on a net basis by counterparty portfolio. There is no impact of netting because the Company’s only derivatives are interest rate cap contracts and interest rate swap contracts that are with separate counterparties and are under separate master netting agreements. Although the Company has determined that the majority of the inputs used to value its derivatives fall within Level 2 of the fair value hierarchy, the credit valuation adjustments associated with its derivatives utilize Level 3 inputs, such as estimates of current credit spreads to evaluate the likelihood of default by the Company and its counterparties. However, as of January 29, 2022 and January 30, 2021, the Company has assessed the significance of the impact of the credit valuation adjustments on the overall valuation of its derivative positions and has determined that the credit valuation adjustment is not significant to the overall valuation of its derivative portfolios. As a result, the Company classifies its derivative valuations in Level 2 of the fair value hierarchy. The Company is exposed to certain risks arising from both its business operations and economic conditions. The Company principally manages its exposures to a wide variety of business and operational risks through management of its core business activities. The Company manages economic risks, including interest rate, liquidity, and credit risk primarily by managing the amount, sources, and duration of its debt funding and the use of derivative financial instruments. Specifically, the Company enters into derivative financial instruments to manage exposures that arise from business activities that result in the payment of future known and uncertain cash amounts, the value of which are determined by interest rates. The Company uses derivative financial instruments to manage differences in the amount, timing, and duration of the Company’s known or expected cash payments principally related to the Company’s borrowings. Cash Flow Hedges of Interest Rate Risk On April 24, 2015, the Company entered into two interest rate cap contracts, which expired in May of 2019. On December 17, 2018, the Company entered into an interest rate swap contract, which hedged $ 450 million of the variable rate exposure under the Term Loan Facility at a rate of 2.72 %. On June 24, 2021, the Company terminated this previous interest rate swap, and entered into a new interest rate swap, which hedges $ 450 million of the variable rate exposure on the Term Loan Facility at a blended rate of 2.19 %,. All of these derivative contracts were designated as cash flow hedges. The amount of loss deferred for the previous interest rate swap was $ 26.9 million. The Company is amortizing this amount from accumulated other comprehensive loss into interest expense over the original life of the previous interest rate swap, which had an original maturity date of December 29, 2023 . The new interest rate swap had a liability fair value at inception of $ 26.9 million. The Company will accrete this amount into accumulated other comprehensive loss as a benefit to interest expense over the life of the new interest rate swap, which has a maturity date of June 24, 2028 . During Fiscal 2021, the Company’s derivatives were used to hedge the variable cash flows associated with existing variable-rate debt. The effective portion of changes in the fair value of derivatives designated and that qualify as cash flow hedges are recorded in the line item “Accumulated other comprehensive loss” on the Company’s Consolidated Balance Sheets and are subsequently reclassified into earnings in the period that the hedged forecasted transaction affects earnings. Amounts reported in accumulated other comprehensive loss related to the Company’s derivative contracts will be reclassified to interest expense as interest payments are made on the Company’s variable-rate debt. As of January 29, 2022 , the Company estimates that $ 6.7 million will be reclassified into interest expense during the next twelve months. As of January 29, 2022, the Company had the following outstanding interest rate derivatives that were designated as cash flow hedges of interest rate risk: Interest Rate Derivative Number of Notional Aggregate Principal Amount Interest Swap Rate Maturity Date Interest rate swap contract One $ 450.0 million 2.19 % June 24, 2028 Tabular Disclosure The tables below present the fair value of the Company’s derivative financial instruments on a gross basis, as well as their classification on the Company’s Consolidated Balance Sheets: (in thousands) Fair Values of Derivative Instruments January 29, 2022 January 30, 2021 Derivatives Designated as Hedging Instruments Balance Fair Balance Fair Interest rate swap contracts Other liabilities $ 10,968 Other liabilities $ 31,665 The following table presents the unrealized losses deferred to accumulated other comprehensive loss resulting from the Company’s derivative instruments designated as cash flow hedging instruments for each of the reporting periods. (in thousands) Fiscal Year Ended Interest Rate Derivatives: January 29, 2022 January 30, 2021 February 1, 2020 Unrealized gains (losses), before taxes $ 10,914 $ ( 15,606 ) $ ( 22,959 ) Income tax (expense) benefit ( 2,983 ) 4,148 6,353 Unrealized gains (losses), net of taxes $ 7,931 $ ( 11,458 ) $ ( 16,606 ) The following table presents information about the reclassification of losses from accumulated other comprehensive loss into earnings related to the Company’s derivative instruments designated as cash flow hedging instruments for each of the reporting periods. (in thousands) Fiscal Year Ended Component of Earnings: January 29, 2022 January 30, 2021 February 1, 2020 Interest expense $ 14,608 $ 10,198 $ 1,733 Income tax benefit ( 3,965 ) ( 2,795 ) ( 474 ) Net reclassification into earnings $ 10,643 $ 7,403 $ 1,259

Capital Stock

Capital Stock	12 Months Ended
	Jan. 29, 2022
Capital Stock [Abstract]
Capital Stock	. Capital Stock Common Stock As of January 29, 2022 , the total amount of the Company’s authorized capital stock consisted of 500,000,000 shares of common stock, par value $ 0.0001 per share, and 50,000,000 shares of undesignated preferred stock, par value of $ 0.0001 per share. The Company’s common stock is not entitled to preemptive or other similar subscription rights to purchase any of the Company’s securities. The Company’s common stock is neither convertible nor redeemable. Unless the Company’s Board of Directors determines otherwise, the Company will issue all of the Company’s capital stock in uncertificated form. Preferred Stock The Company does not have any shares of preferred stock issued or outstanding. The Company’s Board of Directors has the authority to issue shares of preferred stock from time to time on terms it may determine, to divide shares of preferred stock into one or more series and to fix the designations, preferences, privileges, and restrictions of preferred stock, including dividend rights, conversion rights, voting rights, terms of redemption, liquidation preference, sinking fund terms, and the number of shares constituting any series or the designation of any series to the fullest extent permitted by the General Corporation Law of the State of Delaware. The issuance of the Company’s preferred stock could have the effect of decreasing the trading price of the Company’s common stock, restricting dividends on the Company’s capital stock, diluting the voting power of the Company’s common stock, impairing the liquidation rights of the Company’s capital stock, or delaying or preventing a change in control of the Company. Dividend Rights Each holder of shares of the Company’s capital stock will be entitled to receive such dividends and other distributions in cash, stock or property as may be declared by the Company’s Board of Directors from time to time out of the Company’s assets or funds legally available for dividends or other distributions. These rights are subject to the preferential rights of any other class or series of the Company’s preferred stock. Treasury Stock The Company accounts for treasury stock under the cost method. During Fiscal 2021, the Company acquired 53,783 shares of common stock from employees for approximately $ 16.6 million to satisfy their minimum statutory tax withholdings related to the vesting of restricted stock awards, which was recorded in the line item “Treasury stock” on the Company’s Consolidated Balance Sheets, and the line item “Purchase of treasury shares” on the Company’s Consolidated Statements of Cash Flows. Share Repurchase Program On August 14, 2019, the Company’s Board of Directors authorized the repurchase of up to $ 400.0 million of common stock, which expired in August 2021 . On August 18, 2021, the Company’s Board of Directors authorized the repurchase of up to $ 400.0 million of common stock, which is authorized to be executed through August 2023 . During Fiscal 2021, the Company repurchased 856,855 shares of common stock for $ 250.0 million under its share repurchase program. As of January 29, 2022, the Company had $ 150.0 million remaining under its share repurchase authorization. Subsequent to January 29, 2022 (February 16, 2022), the Company's Board of Directors authorized the repurchase of up to $ 500.0 million of common stock, which is authorized to be executed through February 2024 . This repurchase program is funded using the Company’s available cash and borrowings under the ABL Line of Credit.

Net Income (Loss) Per Share

Net Income (Loss) Per Share	12 Months Ended
	Jan. 29, 2022
Earnings Per Share [Abstract]
Net Income (Loss) Per Share	10. Net Income (Loss) Per Share Basic net income (loss) per share is calculated by dividing net income (loss) by the weighted-average number of common shares outstanding. Dilutive net income (loss) per share is calculated by dividing net income (loss) by the weighted-average number of common shares and potentially dilutive securities outstanding during the period using the treasury stock method for the Company’s stock option, restricted stock and restricted stock unit awards, and the if-converted method for the Convertible Notes. (in thousands, except per share data) Fiscal Year Ended January 29, January 30, February 1, 2022 2021 2020 Basic net income (loss) per share Net income (loss) $ 408,839 $ ( 216,499 ) $ 465,116 Weighted average number of common shares – basic 66,588 65,962 65,943 Net income (loss) per common share – basic $ 6.14 $ ( 3.28 ) $ 7.05 Diluted net income (loss) per share Net income (loss) $ 408,839 $ ( 216,499 ) $ 465,116 Shares for basic and diluted net income (loss) per share: Weighted average number of common shares – basic 66,588 65,962 65,943 Assumed exercise of stock options and vesting of restricted stock 685 — 1,350 Assumed conversion of convertible debt 853 — — Weighted average number of common shares – diluted 68,126 65,962 67,293 Net income (loss) per common share – diluted $ 6.00 $ ( 3.28 ) $ 6.91 All of the Company’s stock option, restricted stock and restricted stock unit awards have an anti-dilutive effect while in a net loss position. Approximately 177,000 shares, 1,960,000 shares and 405,000 shares were excluded from diluted net income (loss) per share for Fiscal 2021, Fiscal 2020 and Fiscal 2019 , respectively, since their effect was anti-dilutive.

Stock-Based Compensation

Stock-Based Compensation	12 Months Ended
	Jan. 29, 2022
Share-based Payment Arrangement [Abstract]
Stock-Based Compensation	11. Stock-Based Compensation On May 1, 2013, the Company’s Board of Directors approved the Company’s assumption and adoption of the 2006 Management Incentive Plan (the 2006 Plan) that was previously sponsored by Burlington Coat Factory Holdings, LLC. The 2006 Plan terminated on April 12, 2016 . The Company’s 2013 Omnibus Incentive Plan (the 2013 Plan and, together with the 2006 Plan, the Plans), originally adopted effective prior to and in connection with the Company’s initial public offering, was amended and restated effective May 17, 2017. The 2006 Plan, prior to its termination, and the 2013 Plan provide for the granting of stock options, restricted stock and other forms of awards to key employees and directors of the Company or its affiliates. The Company accounts for awards issued under the Plans in accordance with Topic No. 718. As of January 29, 2022 , there were 1,906,220 shares of common stock available for issuance under the 2013 Plan. Non-cash stock compensation expense is as follows: (in thousands) Fiscal Year Ended January 29, January 30, February 1, Type of Non-Cash Stock Compensation 2022 2021 2020 Restricted stock and restricted stock unit grants (a) $ 30,525 $ 25,258 $ 20,454 Stock option grants (a) 18,909 20,038 19,222 Performance stock unit grants (a) 9,112 10,549 4,252 Total (b) $ 58,546 $ 55,845 $ 43,928 (a) Included in the line item “Selling, general and administrative expenses” in the Company’s Consolidated Statements of Income (Loss). (b) The amounts presented in the table above exclude the effect of income taxes. The tax benefit related to the Company’s non-cash stock compensation was $ 10.3 million, $ 9.1 million and $ 9.0 million during Fiscal 2021, Fiscal 2020 and Fiscal 2019 , respectively. Stock Options Options granted during Fiscal 2021, Fiscal 2020 and Fiscal 2019, were all service-based awards granted under the Plans at the following exercise prices: Exercise Price Ranges From To Fiscal 2021 $ 219.08 $ 342.03 Fiscal 2020 $ 179.46 $ 246.97 Fiscal 2019 $ 145.08 $ 231.86 All awards granted during Fiscal 2021, Fiscal 2020 and Fiscal 2019 vest in either one-fourth annual increments or one-third annual increments (subject to continued employment through the applicable vesting date). The final exercise date for any option granted is the tenth anniversary of the grant date. Options granted during Fiscal 2021, Fiscal 2020 and Fiscal 2019 become exercisable if the grantee’s employment is terminated without cause or, in some instances, the recipient resigns with good reason, within a certain period of time following a change in control. Unless determined otherwise by the plan administrator, upon cessation of employment other than for cause, the majority of options that have not vested will terminate immediately, and unexercised vested options will be exercisable for a period of 60 to 180 days . As of January 29, 2022, the Company had 1,097,558 options outstanding to purchase shares of common stock, and there was $ 33.3 million of unearned non-cash stock-based option compensation that the Company expects to recognize as expense over a weighted average period of 2.5 years. The awards are expensed on a straight-line basis over the requisite service period. Stock option transactions during Fiscal 2021 are summarized as follows: Number of Weighted Options outstanding, January 30, 2021 1,346,775 $ 133.86 Options granted 212,397 315.21 Options exercised (a) ( 418,173 ) 95.38 Options forfeited ( 43,441 ) 195.49 Options outstanding, January 29, 2022 1,097,558 $ 181.17 (a) Options exercised during Fiscal 2021 had a total intrinsic value of $ 87.4 million. The following table summarizes information about the stock options vested and expected to vest during the contractual term, as well as options exercisable: Options Weighted Weighted Aggregate Options vested and expected to vest 1,097,558 6.7 $ 181.17 $ 71.1 Options exercisable 504,737 5.1 $ 139.20 $ 46.0 During Fiscal 2021, the fair value of each stock option granted was estimated on the date of grant using the Black Scholes option pricing model. The fair value of each stock option granted during Fiscal 2021 was estimated using the following assumptions: Fiscal Year Ended January 29, 2022 Risk-free interest rate 0.45 % - 1.13 % Expected volatility 34 % - 35 % Expected life (years) 6.00 - 6.25 Contractual life (years) 10.0 Expected dividend yield 0 % Weighted average grant date fair value of options issued $ 109.91 The expected dividend yield was based on the Company’s expectation of not paying dividends in the foreseeable future. Since the Company completed its initial public offering in October 2013, it does not have sufficient history as a publicly traded company to evaluate its volatility factor. As such, the expected stock price volatility is based upon the historical volatility of the stock price over the expected life of the options of peer companies that are publicly traded. The risk free interest rate was based on the U.S. Treasury rates for U.S. Treasury zero-coupon bonds with maturities similar to those of the expected term of the awards being valued. For grants issued during Fiscal 2021, Fiscal 2020 and Fiscal 2019, the expected life of the options was calculated using the simplified method, which defines the life as the average of the contractual term of the options and the weighted average vesting period for all option tranches. This methodology was utilized due to the short length of time the Company's common stock has been publicly traded. Restricted Stock Awards Restricted stock awards granted during Fiscal 2021 were all service-based awards. The fair value of each unit of restricted stock granted during Fiscal 2021 was based upon the closing price of the Company’s common stock on the grant date. Certain awards outstanding as of January 29, 2022 cliff vest at the end of a designated service period, ranging from two years to four years from the grant date. Awards granted to non-employee members of the Company’s Board of Directors vest 100 % on the first anniversary of the grant date. The remaining awards outstanding as of January 29, 2022 have graded vesting provisions that generally vest in one-fourth annual increments or one-third annual increments (subject to continued employment through the applicable vesting date). Following a change of control, all unvested restricted stock awards shall remain unvested, provided, however, that 100 % of such shares shall vest if, following such change of control, the employment of the recipient is terminated without cause or, in some instances, the recipient resigns with good reason, within a certain period of time following a change in control. As of January 29, 2022 , there was approximately $ 59.8 million of unearned non-cash stock-based compensation related to restricted stock awards that the Company expects to recognize as an expense over the next 2.4 years. The awards are expensed on a straight-line basis over the requisite service periods. Prior to May 1, 2019, the Company granted shares of restricted stock. Grants made on and after May 1, 2019 are in the form of restricted stock units. Award grant, vesting and forfeiture transactions during Fiscal 2021 are summarized as follows: Number of Weighted Non-vested awards outstanding, January 30, 2021 396,555 $ 168.87 Awards granted 147,677 317.54 Awards vested (a) ( 154,501 ) 152.73 Awards forfeited ( 21,573 ) 207.80 Non-vested awards outstanding, January 29, 2022 368,158 233.00 (a) Restricted stock awards vested during Fiscal 2021 had a total intrinsic value of $ 48.1 million. Performance Share Units The Company grants performance share units to its senior executives. Vesting of these performance share units is based on pre-established EBIT margin expansion and sales compound annual growth rate (CAGR) goals (each weighted equally) over a three-year performance period. Based on the Company’s achievement of these goals, each award may range from 50 % (at threshold performance) to no more than 200 % of the target award. In the event that actual performance is below threshold, no award will be made. In addition to the performance conditions, each performance share unit cliff vests at the end of a three-year service period. Following a change of control, all unvested performance share units shall remain unvested, provided, however, that 100 % of such shares shall vest if, following such change of control, the employment of the recipient is terminated without cause or, in some instances, the recipient resigns with good reason, within a certain period of time following a change in control. As of January 29, 2022 , there was approximately $ 16.3 million of unearned non-cash stock-based compensation related to performance share units that the Company expects to recognize as an expense over the next 1.7 years. The awards are expensed on a straight-line basis over the requisite service periods. Performance share unit transactions during Fiscal 2021 are summarized as follows: Number of Weighted Non-vested units outstanding, January 30, 2021 148,668 $ 176.70 Units granted 55,361 321.04 Awards forfeited ( 17,593 ) 215.49 Non-vested units outstanding, January 29, 2022 186,436 215.90

Lease Commitments

Lease Commitments	12 Months Ended
	Jan. 29, 2022
Leases [Abstract]
Lease Commitments	12. Lease Commitments The Company’s leases primarily consist of stores, distribution facilities and office space under operating and finance leases that will expire principally during the next 30 years . The leases typically include renewal options at five year intervals and escalation clauses. Lease renewals are only included in the lease liability to the extent that they are reasonably assured of being exercised. The Company’s leases typically provide for contingent rentals based on a percentage of gross sales. Contingent rentals are not included in the lease liability, and they are recognized as variable lease cost when incurred. As a result of the COVID-19 pandemic and the associated temporary store closures, the Company worked with its landlords to modify payment terms for certain leases. The FASB has provided relief under ASC 842, “Leases,” related to the COVID-19 pandemic. Under this relief, companies can make a policy election on how to treat lease concessions resulting directly from COVID-19, provided that the modified contracts result in total cash flows that are substantially the same or less than the cash flows in the original contract. The Company has made the policy election to account for lease concessions that result from the COVID-19 pandemic as if they were made as enforceable rights under the original contract. Additionally, the Company has elected to account for these concessions outside of the lease modification framework described under ASC 842. As a result, deferred payments related to these leases of $ 1.5 million are included in the line item “Other current liabilities” on the Company’s Consolidated Balance Sheet. The following is a schedule of the Company’s future lease payments: (in thousands) Fiscal Year Operating Finance 2022 $ 494,529 $ 7,513 2023 484,061 7,589 2024 448,842 7,417 2025 414,697 5,287 2026 377,819 5,324 Thereafter 1,306,520 28,013 Total future minimum lease payments 3,526,468 61,143 Amount representing interest ( 628,255 ) ( 17,198 ) Total lease liabilities 2,898,213 43,945 Less: current portion of lease liabilities ( 358,793 ) ( 4,743 ) Total long term lease liabilities $ 2,539,420 $ 39,202 Weighted average discount rate 5.0 % 6.7 % Weighted average remaining lease term (years) 8.2 11.1 The above schedule excludes approximately $ 567.2 million for 82 stores and one warehouse that the Company has committed to open or relocate but has not yet taken possession of the space. The following is a schedule of net lease costs for the years indicated: (in thousands) Fiscal Year Ended January 29, 2022 January 30, 2021 February 1, 2020 Finance lease cost: Amortization of finance lease asset (a) $ 4,554 $ 5,907 $ 4,027 Interest on lease liabilities (b) 3,111 3,394 2,770 Operating lease cost (c) 468,349 441,089 414,174 Variable lease cost (c) 188,035 180,270 155,210 Total lease cost 664,049 630,660 576,181 Less all rental income (d) ( 5,771 ) ( 5,010 ) ( 5,029 ) Total net rent expense (e) $ 658,278 $ 625,650 $ 571,152 (a) Included in the line item “Depreciation and amortization” in the Company’s Consolidated Statements of Income (Loss). (b) Included in the line item “Interest expense” in the Company’s Consolidated Statements of Income (Loss). (c) Includes real estate taxes, common area maintenance, insurance and percentage rent. Included in the line item “Selling, general and administrative expenses” in the Company’s Consolidated Statements of Income (Loss). (d) Included in the line item “Other revenue” in the Company’s Consolidated Statements of Income (Loss). (e) Excludes an immaterial amount of short-term lease cost. Supplemental cash flow disclosures related to leases are as follows: (in thousands) Fiscal Year Ended January 29, 2022 January 30, 2021 February 1, 2020 Cash paid for amounts included in the measurement of lease liabilities: Cash payments arising from operating lease liabilities (a) $ 509,971 $ 409,750 $ 401,575 Cash payments for the principal portion of finance lease liabilities (b) $ 4,073 $ 3,269 $ 2,932 Cash payments for the interest portion of finance lease liabilities (a) $ 3,111 $ 3,394 $ 2,770 Supplemental non-cash information: Operating lease liabilities arising from obtaining right-of-use assets $ 516,545 $ 413,068 $ 690,827 (a) Included within operating activities in the Company’s Consolidated Statements of Cash Flows. (b) Included within financing activities in the Company’s Consolidated Statements of Cash Flows.

Employee Retirement Plans

Employee Retirement Plans	12 Months Ended
	Jan. 29, 2022
Postemployment Benefits [Abstract]
Employee Retirement Plans	13. Employee Retirement Plans The Company maintains separate defined contribution 401(k) retirement savings and profit-sharing plans covering employees in the United States and Puerto Rico who meet specified age and service requirements. The discretionary profit sharing component (which the Company has not utilized since 2005 and has no current plans to utilize) is entirely funded by the Company, and the Company also makes additional matching contributions to the 401(k) component of the plans. Participating employees can voluntarily elect to contribute a percentage of their earnings to the 401(k) component of the plans (up to certain prescribed limits) through a cash or deferred (salary deferral) feature qualifying under Section 401(k) of the Internal Revenue Code (401(k) Plan). The Company recorded $ 11.4 million, $ 10.2 million and $ 10.0 million of 401(k) Plan match expense during Fiscal 2021, Fiscal 2020 and Fiscal 2019 respectively, which is included in the line item “Selling, general and administrative expenses” on the Company’s Consolidated Statements of Income (Loss).

Income Taxes

Income Taxes	12 Months Ended
	Jan. 29, 2022
Income Tax Disclosure [Abstract]
Income Taxes	14. Income Taxes Income (loss) before income taxes was as follows for Fiscal 2021, Fiscal 2020 and Fiscal 2019: (in thousands) Year Ended January 29, January 30, February 1, Domestic $ 533,906 $ ( 441,473 ) $ 573,399 Foreign 11,392 3,850 7,126 Total income (loss) before income taxes $ 545,298 $ ( 437,623 ) $ 580,525 Income tax expense (benefit) was as follows for Fiscal 2021, Fiscal 2020 and Fiscal 2019: (in thousands) Year Ended January 29, January 30, February 1, Current: Federal $ 69,146 $ ( 210,304 ) $ 83,521 State 11,546 12,964 20,778 Foreign 3,815 1,175 2,040 Subtotal 84,507 ( 196,165 ) 106,339 Deferred: Federal 32,217 13,600 8,375 State 19,272 ( 38,816 ) 1,012 Foreign 463 257 ( 317 ) Subtotal 51,952 ( 24,959 ) 9,070 Total income tax expense (benefit) $ 136,459 $ ( 221,124 ) $ 115,409 The tax rate reconciliations were as follows for Fiscal 2021, Fiscal 2020 and Fiscal 2019: Fiscal Year Ended January 29, January 30, February 1, Tax at statutory rate 21.0 % 21.0 % 21.0 % State income taxes, net of federal benefit 4.0 3.0 4.0 Excess tax benefit from stock compensation ( 4.8 ) 7.2 ( 5.3 ) Tax credits ( 1.6 ) 1.8 ( 1.0 ) Carryback tax rate differential — 19.8 — Non-deductible expenses 2.0 ( 1.8 ) 0.8 Loss from extinguishment of convertible debt 4.4 — — Other — ( 0.5 ) 0.4 Effective tax rate 25.0 % 50.5 % 19.9 % The income tax benefit in the prior year is a result of the pre-tax loss and the carry-back of net operating losses arising in Fiscal 2020 to the five prior tax years, as permitted under the CARES Act. The higher effective tax rate in the prior year is a function of losses facilitating a refund receivable upon amending previously filed returns at a 35% tax rate. Additionally, excess tax benefit from stock compensation drove an increase in the tax rate related to pre-tax loss in Fiscal 2020, compared to a decrease in the tax rate related to pre-tax income in Fiscal 2021. The tax effects of temporary differences are included in deferred tax accounts as follows: (in thousands) January 29, 2022 January 30, 2021 Tax Tax Tax Tax Non-current deferred tax assets and liabilities: Property and equipment basis adjustments $ — $ 253,097 $ — $ 225,203 Operating lease liability 745,300 — 705,968 — Operating lease asset — 687,128 — 656,193 Intangibles—indefinite-lived — 64,093 — 64,459 Financing 1,378 — — 30,860 Employee benefit compensation 17,703 — 21,015 — State net operating losses (net of federal benefit) 25,450 — 42,991 — Tax credits 8,562 — 13,883 — Other 2,725 — 10,386 — Valuation allowance ( 12,864 ) — ( 12,957 ) — Total non-current deferred tax assets and liabilities $ 788,254 $ 1,004,318 $ 781,286 $ 976,715 Net deferred tax liability $ 216,064 $ 195,429 As of January 29, 2022 , the Company has a deferred tax asset related to net operating losses of $ 25.5 million, inclusive of $ 25.2 million of state net operating losses which will expire at various dates between 2022 and 2041 and $ 0.3 million of deferred tax assets recorded for Puerto Rico net operating loss carry-forwards that will expire in 2025 . As of January 29, 2022 , the Company had tax credit carry-forwards of $ 8.6 million, inclusive of state tax credit carry-forwards of $ 7.7 million that will begin to expire in 2023 and $ 0.9 million of Puerto Rico alternative minimum tax (AMT) credits that have an indefinite life . As of January 30, 2021 , the Company had a deferred tax asset related to net operating losses of $ 43.0 million, inclusive of $ 42.7 million of state net operating losses, and $ 0.3 million of deferred tax assets recorded for Puerto Rico net operating loss carry-forwards. As of January 30, 2021 , the Company had tax credit carry-forwards of $ 13.9 million, inclusive of federal tax credit carry-forwards of $ 4.8 million, state tax credit carry-forwards of $ 7.9 million, and $ 1.2 million of Puerto Rico AMT credits. The Company believes that it is more likely than not that the benefit from certain state net operating loss carry forwards and credits will not be realized. In recognition of this risk, the Company has provided a valuation allowance of $ 5.3 million on state net operating losses and $ 7.2 million on state tax credit carry forwards. In addition, the Company believes that it is more likely than not that the benefit from Puerto Rico net operating loss carry-forwards will not be realized. As a result, it has provided for a full valuation allowance of $ 0.3 million. If the Company's assumptions change and it determines it will be able to realize these net operating losses or credits, the tax benefits relating to any reversal of the valuation allowance on deferred tax assets as of January 29, 2022 will be recorded to the Company’s Consolidated Statement of Income (Loss). As of January 30, 2021 , the Company provided a total valuation allowance of $ 13.0 million, inclusive of $ 5.3 of valuation allowance related to state net operating losses, $ 7.4 million related to tax credit carry-forwards and $ 0.3 million related to Puerto Rico. A reconciliation of the beginning and ending amount of gross unrecognized tax benefits (exclusive of interest and penalties) is as follows: (in thousands) Gross Balance at February 2, 2019 $ 8,927 Additions for tax positions of the current year — Additions for tax positions of prior years — Reduction for tax positions of prior years ( 783 ) Settlements — Lapse of statute of limitations ( 67 ) Balance at February 1, 2020 $ 8,077 Additions for tax positions of the current year — Additions for tax positions of prior years — Reduction for tax positions of prior years ( 1,269 ) Settlements ( 396 ) Lapse of statute of limitations ( 72 ) Balance at January 30, 2021 $ 6,340 Additions for tax positions of the current year — Additions for tax positions of prior years — Reduction for tax positions of prior years ( 783 ) Settlements — Lapse of statute of limitations ( 770 ) Balance at January 29, 2022 $ 4,787 As of January 29, 2022 , the Company reported total unrecognized benefits of $ 4.8 million, of which $ 3.8 million would affect the Company’s effective tax rate if recognized. As a result of previous positions taken and current period activity, the Company recorded a net benefit of $ 1.2 million of interest and penalties during Fiscal 2021 in the line item “Income tax expense (benefit)” in the Company’s Consolidated Statements of Income (Loss). Cumulative interest and penalties of $ 9.1 million are recorded in the line item “Other liabilities” in the Company’s Consolidated Balance Sheet as of January 29, 2022. The Company recognizes interest and penalties related to unrecognized tax benefits as part of income taxes. Within the next twelve months, the Company does not expect any significant changes in its unrecognized tax benefits. As of January 30, 2021 , the Company reported total unrecognized benefits of $ 6.3 million, of which $ 5.0 million would affect the Company’s effective tax rate if recognized. As a result of previous positions taken, the Company recorded a net benefit of $ 1.1 million of interest and penalties during Fiscal 2020 in the line item “Income tax expense (benefit)” in the Company’s Consolidated Statements of Income (Loss). Cumulative interest and penalties of $ 10.6 million are recorded in the line item “Other liabilities” in the Company’s Consolidated Balance Sheets as of January 30, 2021. The Company files tax returns in the U.S. federal jurisdiction, Puerto Rico, and various state jurisdictions. The Company is open to examination by the IRS under the applicable statutes of limitations for Fiscal Years 2018 through 2021 . The Company or its subsidiaries’ state and Puerto Rico income tax returns are open to audit for Fiscal Years 2017 through 2021 , with a few exceptions, under the applicable statutes of limitations. There are ongoing state audits in several jurisdictions, and the Company has accrued for possible exposures as required under Topic No. 740. The Company does not expect the settlement of these audits to have a material impact to its financial results.

Fair Value of Financial Instrum

Fair Value of Financial Instruments	12 Months Ended
	Jan. 29, 2022
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	15. Fair Value of Financial Instruments The Company accounts for fair value measurements in accordance with Topic No. 820 which defines fair value, establishes a framework for measurement and expands disclosure about fair value measurements. Topic No. 820 defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (exit price), and classifies the inputs used to measure fair value into the following hierarchy: Level 1: Quoted prices for identical assets or liabilities in active markets. Level 2: Quoted market prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; and model-derived valuations whose inputs are observable or whose significant value drivers are observable. Level 3: Pricing inputs that are unobservable for the assets and liabilities, and include situations where there is little, if any, market activity for the assets and liabilities. The inputs into the determination of fair value require significant management judgment or estimation. The carrying amounts of cash equivalents, accounts receivable and accounts payable approximate fair value due to the short-term nature of these instruments. Refer to Note 8, “Derivative Instruments and Hedging Activities,” for further discussion regarding the fair value of the Company’s interest rate cap contracts. Financial Assets The fair values of the Company’s financial assets and the hierarchy of the level of inputs as of January 29, 2022 and January 30, 2021 are summarized below: (in thousands) Fair Value Measurements at January 29, January 30, 2022 2021 Level 1 Cash equivalents (including restricted cash) $ 701,638 $ 1,001,475 Financial Liabilities The fair values of the Company’s financial liabilities are summarized below: (in thousands) January 29, 2022 January 30, 2021 Principal Fair Principal Fair Term B-6 Loans $ 956,608 $ 955,412 $ — $ — Term B-5 Loans — — 961,415 955,406 Convertible Notes 572,322 724,703 805,000 1,080,713 Secured Notes — — 300,000 320,625 ABL Line of Credit (a) — — — — Total debt (b) $ 1,528,930 $ 1,680,115 $ 2,066,415 $ 2,356,744 (a) To the extent the Company has any outstanding borrowings under the ABL Line of Credit, the fair value would approximate its reported value, because the interest rate is variable and reflects current market rates, due to short term nature. (b) Excludes finance lease obligations, original-issue discount and deferred financing costs. The fair values presented herein are based on pertinent information available to management as of the respective year end dates. The estimated fair values of the Company’s debt are classified as Level 2 in the fair value hierarchy, and are based on current market quotes received from inactive markets. Although management is not aware of any factors that could significantly affect the estimated fair value amounts, such amounts have not been comprehensively revalued for purposes of these financial statements since that date, and current estimates of fair value may differ from amounts presented herein.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Jan. 29, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	16. Commitments and Contingencies Legal Like many retailers, the Company has been named in potential class or collective actions on behalf of groups alleging violations of federal and state wage and hour and other labor statutes, and alleged violations of state consumer and/or privacy protection and other statutes. In the normal course of business, the Company is also party to representative claims under the California Private Attorneys’ General Act and various other lawsuits and regulatory proceedings including, among others, commercial, product, product safety, employee, customer, intellectual property and other claims. Actions against us are in various procedural stages. Many of these proceedings raise factual and legal issues and are subject to uncertainties. While no assurance can be given as to the ultimate outcome of these matters, the Company believes that the final resolution of these actions will not have a material adverse effect on the Company’s results of operations, financial position, liquidity or capital resources. Letters of Credit The Company had irrevocable letters of credit in the amounts of $ 55.4 million and $ 54.9 million as of January 29, 2022 and January 30, 2021, respectively. Letters of credit outstanding as of January 29, 2022 and January 30, 2021 amounted to $ 48.4 million and $ 46.8 million, respectively, guaranteeing performance under various lease agreements, insurance contracts, and utility agreements. The Company also had outstanding letters of credit arrangements in the aggregate amount of $ 7.1 million and $ 8.2 million at January 29, 2022 and January 30, 2021 , respectively, related to certain merchandising agreements. The Company had $ 594.6 million and $ 476.8 million available under the ABL Line of Credit as of January 29, 2022 and January 30, 2021, respectively. Inventory Purchase Commitments The Company had $ 1,396.4 million of purchase commitments related to goods that were not received as of January 29, 2022. Death Benefits In November 2005, the Company entered into agreements with three of the Company’s former executives whereby, upon each of their deaths, the Company will pay $ 1.0 million to each respective designated beneficiary.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Jan. 29, 2022
Related Party Transactions [Abstract]
Related Party Transactions	17. Related Party Transactions The brother-in-law of one of the Company’s former Executive Vice Presidents is an independent sales representative of one of the Company’s suppliers of merchandise inventory. This relationship predated the commencement of the former Executive Vice President’s employment with the Company. The Company has determined that the dollar amount of purchases through such supplier represents an insignificant amount of its inventory purchases. The Executive Vice President retired from the Company during the second quarter of Fiscal 2021.

Schedule I-Condensed Financial

Schedule I-Condensed Financial Information of Registrant	12 Months Ended
	Jan. 29, 2022
Condensed Financial Information Disclosure [Abstract]
Schedule I-Condensed Financial Information of Registrant	Schedule I CONDENSED FINANCIAL INFORMATION OF REGISTRANT Parent Company Information Burlington Stores, Inc. Condensed Balance Sheets As of January 29, January 30, (in thousands) ASSETS: Cash and cash equivalents $ 503 $ 51 Total current assets 503 51 Investment in subsidiaries 1,322,475 1,098,823 Total assets $ 1,322,978 $ 1,098,874 LIABILITIES AND STOCKHOLDERS’ EQUITY: Current liabilities $ — $ — Long term debt 562,561 634,120 Commitments and contingencies Total stockholders’ equity 760,417 464,754 Total liabilities and stockholders’ equity $ 1,322,978 $ 1,098,874 See Notes to Condensed Financial Statements CONDENSED FINANCIAL INFORMATION OF REGISTRANT Parent Company Information Burlington Stores, Inc. Condensed Statements of Income (Loss) and Comprehensive Income (Loss) Fiscal Years Ended January 29, January 30, February 1, (in thousands) REVENUES: Total revenue $ — $ — $ — COSTS AND EXPENSES: Income from equity investment — — — Total costs and expenses — — — Income before provision for income tax — — — Provision for income tax — — — Earnings from equity investment, net of income taxes $ 408,839 $ ( 216,499 ) $ 465,116 Net income (loss) $ 408,839 $ ( 216,499 ) $ 465,116 Other comprehensive income (loss), net of tax: Interest rate derivative contracts: Net unrealized gains (losses) arising during the period 7,931 ( 11,458 ) ( 16,606 ) Net reclassification into earnings during the period 10,643 7,403 1,259 Total comprehensive income (loss) $ 427,413 $ ( 220,554 ) (1) $ 449,769 (1) See Notes to Condensed Financial Statements (1) During the current year financial reporting process, management determined that the previously reported Total comprehensive income (loss) of the Parent Company did not include the components of Other comprehensive income (loss) of the Parent Company. As a result, the accompanying Condensed Statements of Income and Comprehensive Income (Loss) for the years ended January 30, 2021 and February 1, 2020 have been revised to correct the presentation of Total comprehensive income (loss) to include the components of Other comprehensive income (loss) of the Parent Company. The correction of this presentation had no impact on previously reported Net income (loss) of the Parent Company and resulted in an increase in previously reported Total comprehensive loss from $ 216.5 million to $ 220.6 million for the year ended January 30, 2021 and a decrease in previously reported Total comprehensive income from $ 465.1 million to $ 449.8 million for the year ended February 1, 2020. CONDENSED FINANCIAL INFORMATION OF REGISTRANT Parent Company Information Burlington Stores, Inc. Condensed Statements of Cash Flows Fiscal Years Ended January 29, January 30, February 1, (in thousands) OPERATING ACTIVITIES: Net cash provided by operations $ — $ — $ — INVESTING ACTIVITIES: Net contribution from (payment to) subsidiaries 428,888 ( 753,404 ) (1) 288,871 (1) Net cash provided by (used in) investing activities 428,888 ( 753,404 ) 288,871 FINANCING ACTIVITIES: Proceeds from long term debt - Convertible Notes — 805,000 — Principal payment on long term debt—Convertible Notes ( 201,695 ) — — Purchase of treasury shares ( 266,628 ) ( 65,526 ) ( 323,080 ) Proceeds from stock option exercises 39,887 34,924 34,222 Deferred financing costs — ( 20,994 ) — Net cash provided by (used in) financing activities ( 428,436 ) 753,404 (1) ( 288,858 ) (1) Increase (Decrease) in cash and cash equivalents 452 — 13 Cash and cash equivalents at beginning of period 51 51 38 Cash and cash equivalents at end of period $ 503 $ 51 $ 51 See Notes to Condensed Financial Statements (1) During the current year financial reporting process, management determined that the Parent Company’s net investment activities in its subsidiary were incorrectly classified as Financing activities rather than Investing activities in the Company’s previously reported Condensed Statements of Cash Flows for the years ended January 30, 2021 and February 1, 2020. As a result, the accompanying Condensed Statements of Cash Flows have been revised to reclassify Intercompany financing transactions previously classified within Financing activities as a net payment to subsidiary of $ 753.4 million and a net contribution from subsidiary of $ 288.9 million to Net contribution from (payment to) subsidiaries within Investing activities for the years ended January 30, 2021 and February 1, 2020, respectively. CONDENSED FINANCIAL INFORMATION OF REGISTRANT Parent Company Information Burlington Stores, Inc. Note 1. Basis of Presentation Burlington Stores, Inc. (the Parent Company) is a holding company that conducts substantially all of its business operations through its subsidiaries. The Parent Company’s ability to pay dividends on Parent Company’s common stock will be limited by restrictions on the ability of Parent Company and its subsidiaries to pay dividends or make distributions under the terms of current and future agreements governing the indebtedness of Parent Company’s subsidiaries. In addition to other baskets under the agreements governing its indebtedness, the Parent Company and its subsidiaries are permitted to make dividends and distributions under the Term Loan Facility so long as there is no event of default and the pro forma consolidated leverage ratio of the Parent Company and its subsidiaries does not exceed 3.50 to 1.00, and under the ABL Line of Credit as long as certain restricted payment conditions are satisfied. The accompanying Condensed Financial Statements include the accounts of the Parent Company and, on an equity basis, its consolidated subsidiaries and affiliates. Accordingly, these Condensed Financial Statements have been presented on a “parent-only” basis. Under a parent-only presentation, the Parent Company’s investments in its consolidated subsidiaries are presented under the equity method of accounting. These parent-only financial statements should be read in conjunction with Burlington Stores, Inc.’s audited Consolidated Financial Statements included elsewhere herein. Note 2. Dividends As discussed above, the terms of current and future agreements governing the indebtedness of the Parent Company and its subsidiaries include, or may include, limitations on the ability of such subsidiaries and the Parent Company to pay dividends, subject to certain exceptions set forth in such agreements. Note 3. Stock-Based Compensation Non-cash stock compensation expense of $ 58.5 million, $ 55.8 million and $ 43.9 million has been pushed down to Parent Company’s subsidiaries for Fiscal 2021, Fiscal 2020 and Fiscal 2019, respectively. Note 4. Long Term Debt On April 16, 2020, the Parent Company issued $ 805.0 million of Convertible Notes. The Convertible Notes are general unsecured obligations of the Parent Company. The Convertible Notes bear interest at a rate of 2.25 % per year, payable semi-annually in cash, in arrears, on April 15 and October 15 of each year, beginning on October 15, 2020 . The Convertible Notes will mature on April 15, 2025 , unless earlier converted, redeemed or repurchased. During the third quarter of Fiscal 2021, the Parent Company entered into separate, privately negotiated exchange agreements with certain holders of the Convertible Notes. Under the terms of the exchange agreements, the holders exchanged $ 160.4 million in aggregate principal amount of Convertible Notes held by them for a combination of an aggregate of $ 90.8 million in cash and 513,991 shares of the Parent Company's common stock. During the fourth quarter of Fiscal 2021, the Parent Company entered into separate, privately negotiated exchange agreements with certain holders of the Convertible Notes. Under the terms of the exchange agreements, the holders exchanged $ 72.3 million in aggregate principal amount of Convertible Notes held by them for $ 109.0 million in cash. These exchanges resulted in aggregate pre-tax debt extinguishment charges of $ 124.6 million that have been pushed down to Parent Company's subsidiaries for Fiscal 2021. Subsequent to January 29, 2022 (March 15, 2022), the Parent Company entered into separate, privately negotiated exchange agreements with certain holders of the Convertible Notes. Under the terms of the exchange agreements, the holders have agreed to exchange $ 55.6 million in aggregate principal amount of Convertible Notes held by them for an amount in cash to be calculated based on the volume-weighted average price of the Parent Company’s common stock over a two-day measurement period beginning on March 16, 2022. These exchange transactions are expected to close on March 21, 2022, subject to the satisfaction of customary closing conditions. The Convertible Notes contain a cash conversion feature, and as a result, the Company initially separated it into liability and equity components. The Parent Company valued the liability component based on its borrowing rate for a similar debt instrument that does not contain a conversion feature. The equity component, which was recognized as a debt discount, was valued as the difference between the face value of the Convertible Notes and the fair value of the liability component. As a result of adopting ASU 2020-06, the Parent Company is no longer separating the Convertible Notes into debt and equity components, and is instead accounting for it wholly as debt. In connection with the Convertible Notes issuance, the Parent Company incurred deferred financing costs of $ 21.0 million, primarily related to fees paid to the bookrunners of the offering, as well as legal, accounting and rating agency fees. These costs were initially allocated on a pro rata basis, with $ 16.4 million allocated to the debt component and $ 4.6 million allocated to the equity component. As a result of adopting ASU 2020-06, all unamortized deferred financing costs related to the Convertible Notes are now allocated to debt. Prior to adoption of ASU 2020-06, the debt discount and the debt portion of the deferred costs were being amortized to interest expense over the term of the Convertible Notes at an effective interest rate of 8.2 %. The effective interest rate after adoption of ASU 2020-06 is 2.8 %. Interest expense on the Convertible Notes of $ 20.1 million and $ 40.5 million have been pushed down to Parent Company’s subsidiaries for Fiscal 2021 and Fiscal 2020, respectively. There was a $ 572.3 million and $ 805.0 million intercompany note receivable as of January 29, 2022 and January 30, 2021, respectively, related to the cash transferred to Parent subsidiaries for the Convertible Notes, which is included in Investment in subsidiaries in the Condensed Balance Sheets. The Convertible Notes consist of the following components as of the dates indicated: (in thousands) January 29, January 30, 2022 2021 Liability component: Principal $ 572,322 $ 805,000 Unamortized debt discount — ( 156,689 ) Unamortized deferred debt costs ( 9,761 ) ( 14,191 ) Net carrying amount $ 562,561 $ 634,120 Equity component, net $ — $ 131,916 Note 5. Capital Stock Treasury Stock The Parent Company accounts for treasury stock under the cost method. During Fiscal 2021, the Parent Company acquired 53,783 shares of common stock from employees for approximately $ 16.6 million to satisfy their minimum statutory tax withholdings related to the vesting of restricted stock awards, which was recorded in the line item “Purchase of treasury shares” on the Parent Company’s Condensed Statements of Cash Flows. Share Repurchase Program On August 14, 2019, the Parent Company’s Board of Directors authorized the repurchase of up to $ 400.0 million of common stock, which expired in August 2021 . On August 18, 2021, the Parent Company’s Board of Directors authorized the repurchase of up to $ 400.0 million of common stock, which is authorized to be executed through August 2023 . During Fiscal 2021, the Parent Company repurchased 856,855 shares of common stock for $ 250.0 million under its share repurchase program. As of January 29, 2022, the Parent Company had $ 150.0 million remaining under its share repurchase authorization. Subsequent to January 29, 2022 (February 16, 2022), the Parent Company's Board of Directors authorized the repurchase of up to $ 500.0 million of common stock, which is authorized to be executed through February 2024 . This repurchase program is funded using the Parent Company’s available cash and borrowings under the ABL Line of Credit.

Schedule II-Valuation and Quali

Schedule II-Valuation and Qualifying Accounts and Reserves	12 Months Ended
	Jan. 29, 2022
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]
Schedule II-Valuation and Qualifying Accounts and Reserves	BURLINGTON STORES, INC. Schedule II—Valuation and Qualifying Accounts and Reserves (All amounts in thousands) Description Balance at Charged Charged Accounts Balance at Year ended January 29, 2022 Allowance for doubtful accounts $ 4,855 $ 185 $ — $ 1,735 $ 3,305 Valuation allowances on deferred tax assets $ 12,957 $ — $ ( 93 ) $ — $ 12,864 Year ended January 30, 2021 Allowance for doubtful accounts $ 795 $ 4,069 $ — $ 9 $ 4,855 Valuation allowances on deferred tax assets $ 9,842 $ — $ 3,115 $ — $ 12,957 Year ended February 1, 2020 Allowance for doubtful accounts $ 78 $ 992 $ — $ 275 $ 795 Valuation allowances on deferred tax assets $ 10,268 $ — $ ( 426 ) $ — $ 9,842 Notes: (1) Amounts related to valuation allowances on deferred taxes are charged to income tax expense. (2) Actual allowances.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Jan. 29, 2022
Accounting Policies [Abstract]
Business	Business As of January 29, 2022, Burlington Stores, Inc., a Delaware corporation (collectively with its subsidiaries, the Company), has expanded its store base to 840 retail stores in 45 states and Puerto Rico. The Company sells in-season, fashion-focused merchandise at up to 60 % off other retailers’ prices, including: women’s ready-to-wear apparel, menswear, youth apparel, baby, beauty, footwear, accessories, home, toys, gifts and coats. As of January 29, 2022 , the Company operated stores under the names “Burlington Stores” ( 837 stores), “Cohoes Fashions” ( 2 stores), and “MJM Designer Shoes” ( 1 store). Cohoes Fashions offers products similar to those offered by Burlington Stores. MJM Designer Shoes offers moderately priced designer and fashion shoes.
Basis of Consolidation and Presentation	Basis of Consolidation and Presentation The accompanying Consolidated Financial Statements have been prepared in accordance with accounting principles generally accepted in the United States of America (GAAP). The Consolidated Financial Statements include the accounts of Burlington Stores, Inc. and its subsidiaries. All inter-company accounts and transactions have been eliminated in consolidation.
Fiscal Years	Fiscal Years The Company defines its fiscal year as the 52 or 53-week period ending on the Saturday closest to January 31. The fiscal years ended January 29, 2022 (Fiscal 2021), January 30, 2021 (Fiscal 2020 ) and February 1, 2020 (Fiscal 2019) each consisted of 52 weeks.
Use of Estimates	Use of Estimates Certain amounts included in the Consolidated Financial Statements are estimated based on historical experience, currently available information and management’s judgment as to the expected outcome of future conditions and circumstances. While every effort is made to ensure the integrity of such estimates, actual results could differ from these estimates, and such differences could have a material impact on the Company’s Consolidated Financial Statements.
COVID-19	COVID-19 On March 11, 2020, the World Health Organization declared the novel coronavirus (known as COVID-19) outbreak to be a global pandemic. As a result, the Company began the temporary closing of some its stores, and effective March 22, 2020, the Company made the decision to temporarily close all of its stores, distribution centers (other than processing of received inventory) and corporate offices to combat the rapid spread of COVID-19. The Company began re-opening stores on May 11, 2020, with the majority of stores, as well as all distribution centers, re-opened by mid-June 2020, and substantially all stores re-opened by the end of the second quarter of Fiscal 2020. In response to the COVID-19 pandemic and the temporary closing of stores, the Company provided two weeks of financial support to associates impacted by these store closures and by the shutdown of distribution centers. The Company temporarily furloughed most store and distribution center associates, as well as some corporate associates, but continued to provide benefits to furloughed associates in accordance with its benefit plans. In addition, the Company paid 100 % of medical benefit premiums during the period they were furloughed. During the second quarter, the Company recalled all furloughed associates at re-opened stores, as well as corporate and distribution facilities. In order to maintain financial flexibility during these uncertain times, the Company completed several debt transactions in the first quarter of Fiscal 2020. Refer to Note 7, "Long Term Debt," for further discussion regarding these debt transactions. Additionally, the Company took the following steps to further enhance its financial flexibility: • Carefully managed operating expenses, working capital and capital expenditures, including ceasing substantially all buying activities while stores were closed. The Company subsequently resumed its buying activities, while continuing its conservative approach toward operating expenses and capital expenditures; • Negotiated rent deferral agreements with landlords, which were substantially complete as of the end of Fiscal 2021; • Temporarily suspended the Company’s share repurchase program, which resumed during the third quarter of Fiscal 2021; • The Company’s CEO voluntarily agreed to not take a salary; the Company’s Board of Directors voluntarily forfeited their cash compensation; the Company’s executive leadership team voluntarily agreed to decrease their salary by 50 %; and smaller salary reductions were temporarily put in place for all associates through a certain level. This compensation was reinstated once substantially all of the Company’s stores re-opened; and • The annual incentive bonus payments related to Fiscal 2019 performance were delayed to the second quarter of Fiscal 2020, and merit pay increases for Fiscal 2020 were delayed to the third quarter of Fiscal 2020. Due to the aging of inventory related to the temporary store closures discussed above, as well as the impact of seasonality on the Company’s merchandise, the Company recognized inventory markdown reserves of $ 271.9 million during the three month period ended May 2, 2020. These reserves covered markdowns taken during the second quarter of Fiscal 2020. These charges were included in “Cost of sales” on the Company’s Consolidated Statement of Income (Loss). On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (the CARES Act) was signed into law, which provided emergency economic assistance for American workers, families and businesses affected by the COVID-19 pandemic. As a result of amending prior returns to carry back the federal net operating loss generated on the Fiscal 2020 tax return, the Company expects to obtain a one-time tax refund of $ 245.5 million, which is included in the line item “Prepaid and other current assets” on the Company's Consolidated Balance Sheet.
Cash and Cash Equivalents	Cash and Cash Equivalents Cash and cash equivalents represent cash and short-term, highly liquid investments with maturities of three months or less at the time of purchase. Book cash overdrafts are included in the line item “Accounts payable” on the Company’s Consolidated Balance Sheets.
Accounts Receivable	Accounts Receivable Accounts receivable consist of credit card receivables, insurance receivables and other receivables. Accounts receivable are recorded at net realizable value, which approximates fair value. The Company provides an allowance for doubtful accounts for amounts deemed uncollectible.
Inventories	Inventories Merchandise inventories are valued at the lower of cost or market, as determined by the retail inventory method. Under the retail inventory method, the valuation of inventories at cost and the resulting gross margins are calculated by applying a calculated cost to retail ratio to the retail value of inventories. The Company regularly records a provision for estimated shortage, thereby reducing the carrying value of merchandise inventory. Complete physical inventories of all of the Company’s stores and warehouses are performed no less frequently than annually, with the recorded amount of merchandise inventory being adjusted to coincide with these physical counts. The Company records its cost of merchandise (net of purchase discounts and certain vendor allowances), certain merchandise acquisition costs (primarily commissions and import fees), inbound freight, outbound freight from distribution centers, and freight on internally transferred merchandise in the line item “Cost of sales” in the Company’s Consolidated Statements of Income (Loss). Costs associated with the Company’s distribution, buying, and store receiving functions (product sourcing costs) are included in the line items “Selling, general and administrative expenses” and “Depreciation and amortization” in the Company’s Consolidated Statements of Income (Loss). Product sourcing costs included within the line item “Selling, general and administrative expenses” amounted to $ 618.3 million, $ 433.8 million and $ 339.1 million during Fiscal 2021, Fiscal 2020 and Fiscal 2019 , respectively. Depreciation and amortization related to the distribution and purchasing functions for the same periods amounted to $ 45.0 million, $ 30.8 million and $ 31.9 million, respectively.
Property and Equipment	Property and Equipment Property and equipment are recorded at cost. Depreciation is computed using the straight-line method over the estimated useful lives of the assets, which range from 20 to 40 years for buildings, depending upon the expected useful life of the facility, and 3 to 15 years for store fixtures and equipment. Leasehold improvements are amortized over the lease term, including any reasonably assured renewal options or the expected economic life of the improvement, whichever is less. Repairs and maintenance expenditures are expensed as incurred. Renewals and betterments, which significantly extend the useful lives of existing property and equipment, are capitalized. Assets recorded under capital leases are recorded at the present value of minimum lease payments and are amortized over the lease term. Amortization of assets recorded as capital leases is included in the line item “Depreciation and amortization” in the Company’s Consolidated Statements of Income (Loss). The carrying value of all long-lived assets is reviewed for impairment whenever events or changes in circumstances indicate that the carrying value of an asset may not be recoverable, in accordance with ASC Topic No. 360 “ Property, Plant, and Equipment” (Topic No. 360). Refer to Note 6, “Impairment Charges,” for further discussion of the Company’s measurement of impairment of long-lived assets.
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets The Company reviews its long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of assets held and used is measured by a comparison of the carrying amount of an asset to undiscounted pre-tax future net cash flows expected to be generated by that asset. If the undiscounted future cash flows are not adequate to recover the carrying value of the asset, an impairment charge is recognized for the amount by which the carrying amount of the assets exceeds the fair value of such assets. Refer to Note 6, “Impairment Charges,” for further discussion of the Company’s measurement of impairment of long-lived assets.
Capitalized Computer Software Costs	Capitalized Computer Software Costs The Company accounts for capitalized software in accordance with ASC Topic No. 350 “Intangibles—Goodwill and Other” (Topic No. 350) which requires the capitalization of certain costs incurred in connection with developing or obtaining software for internal use. The Company capitalized $ 25.3 million, $ 12.2 million, and $ 18.0 million relating to these costs during Fiscal 2021, Fiscal 2020, and Fiscal 2019 , respectively.
Intangible Assets	Intangible Assets The Company accounts for intangible assets in accordance with Topic No. 350. The Company’s intangible assets represent tradenames. The tradename asset “Burlington” is expected to generate cash flows indefinitely and, therefore, is accounted for as an indefinite-lived asset not subject to amortization. The Company evaluates its intangible assets for possible impairment as follows: Indefinite-lived intangible assets: The Company tests identifiable intangible assets with an indefinite life for impairment on an annual basis, or when a triggering event occurs, relying on a number of factors that include operating results, business plans and projected future cash flows. The impairment test consists of a comparison of the fair value of the indefinite-lived intangible asset with its carrying amount. The Company determines fair value through the relief of royalty method which is a widely accepted valuation technique. On the first business day of the second quarter, the Company’s annual assessment date, the Company performed a quantitative analysis and determined that the fair values of each of the Company’s identifiable intangible assets are greater than their respective carrying values. There were no impairment charges recorded during Fiscal 2021, Fiscal 2020 or Fiscal 2019 related to indefinite-lived intangible assets. Finite-lived intangible assets: Identifiable intangible assets that are subject to amortization are evaluated for impairment in accordance with Topic No. 360 using a process similar to that used to evaluate other long-lived assets as described in Note 6, “Impairment Charges.” An impairment charge is recognized for the amount by which the carrying value exceeds the fair value of the asset. There were no impairment charges related to finite-lived intangible assets during Fiscal 2021, Fiscal 2020, and Fiscal 2019 . Refer to Note 6, “Impairment Charges,” for further discussion of the Company’s measurement of impairment of long-lived assets.
Goodwill	Goodwill Goodwill represents the excess of the acquisition cost over the estimated fair value of tangible assets and other identifiable intangible assets acquired less liabilities assumed. Topic No. 350 requires a comparison, at least annually, of the carrying value of the assets and liabilities associated with a reporting unit, including goodwill, with the fair value of the reporting unit. The Company determines fair value through multiple widely accepted valuation techniques. These techniques use a variety of assumptions including projected market conditions, discount rates and future cash flows. If the carrying value of the assets and liabilities exceeds the fair value of the reporting unit, the Company would calculate the implied fair value of its reporting unit goodwill as compared with the carrying value of its reporting unit goodwill to determine the appropriate impairment charge. On the first business day of the second fiscal quarter, the Company’s annual assessment date, the Company performed a quantitative analysis and determined that the fair value of the Company’s reporting unit was greater than its carrying value. There were no impairment charges related to goodwill during Fiscal 2021, Fiscal 2020 or Fiscal 2019 .
Other Assets	Other Assets Other assets consist primarily of landlord-owned store assets that the Company has paid for as part of its lease and deferred financing costs associated with the Company’s senior secured asset-based revolving credit facility (the ABL Line of Credit). Landlord-owned assets represent leasehold improvements at certain stores for which the Company has paid and derives a benefit, but the landlord has retained title. These assets are amortized over the lease term inclusive of reasonably assured renewal options, and are included in the line item “Depreciation and amortization” in the Company’s Consolidated Statements of Income (Loss). Deferred financing costs are amortized over the life of the ABL Line of Credit using the interest method of amortization. Amortization of deferred financing costs is recorded in the line item “Interest expense” in the Company’s Consolidated Statements of Income (Loss).
Other Current Liabilities	Other Current Liabilities Other current liabilities primarily consist of accrued payroll costs, self-insurance reserves, customer liabilities, accrued operating expenses, sales tax payable, payroll taxes payable and other miscellaneous items. Customer liabilities totaled $ 35.5 million and $ 30.2 million as of January 29, 2022 and January 30, 2021, respectively. The Company has risk participation agreements with insurance carriers with respect to workers’ compensation, general liability insurance and health insurance. Pursuant to these arrangements, the Company is responsible for paying individual claims up to designated dollar limits. The amounts related to these claims are estimated and can vary based on changes in assumptions or claims experience included in the associated insurance programs. An increase in workers’ compensation claims, health insurance claims or general liability claims may result in a corresponding increase in costs related to these claims. Self-insurance reserves as of January 29, 2022 and January 30, 2021 were: (in thousands) January 29, January 30, Short-term self-insurance reserve(a) $ 33,734 $ 33,191 Long-term self-insurance reserve(b) 47,841 47,721 Total $ 81,575 $ 80,912 (a) Represents the portions of the self-insurance reserve expected to be paid in the next twelve months, which were recorded in the line item “Other current liabilities” in the Company’s Consolidated Balance Sheets. (b) Represents the portions of the self-insurance reserve expected to be paid in excess of twelve months, which was recorded in the line item “Other liabilities” in the Company’s Consolidated Balance Sheets.
Other Liabilities	Other Liabilities Other liabilities primarily consist of the long term portion of self-insurance reserves, the fair value of derivative contracts and tax liabilities associated with the uncertain tax positions recognized by the Company in accordance with ASC Topic No. 740 “Income Taxes” (Topic No. 740).
Revenue Recognition	Revenue Recognition The Company records revenue at the time control of the goods are transferred to the customer, which the Company determines to be at point of sale and delivery of merchandise, net of allowances for estimated future returns, which is estimated based on historical return rates. The Company presents sales, net of sales taxes, in its Consolidated Statements of Income (Loss). The Company accounts for layaway sales in compliance with ASC Topic No. 606 “Revenue from Contracts with Customers” (Topic No. 606). Layaway sales are recognized upon delivery of merchandise to the customer. The amount of cash received upon initiation of the layaway is recorded as a deposit liability in the line item “Other current liabilities” in the Company’s Consolidated Balance Sheets. Stored value cards (gift cards and store credits issued for merchandise returns) are recorded as a liability at the time of issuance, and the related sale is recorded upon redemption. The Company determines an estimated stored value card breakage rate by continuously evaluating historical redemption data. Breakage income is recognized monthly in proportion to the historical redemption patterns for those stored value cards for which the likelihood of redemption is remote.
Other Revenue	Other Revenue Other revenue consists of service fees (layaway and other miscellaneous service charges), subleased rental income and revenue from the Company's private label credit card (PLCC) as shown in the table below: (in thousands) Fiscal Years Ended January 29, January 30, February 1, Service fees $ 3,178 $ 3,186 $ 16,051 Subleased rental income, PLCC and other 12,529 9,253 9,104 Total $ 15,707 $ 12,439 $ 25,155
Private Label Credit Card	Private Label Credit Card The Company has a private label credit card program, in which customers earn reward points for purchases made using the card. The Company reduces net sales for the dollar value of any points earned at the time of the initial transaction, and subsequently recognizes net sales at the time the points are redeemed or expired. The Company receives royalty revenue based on a percentage of all purchases made on the card, which is recognized at the time of the initial transaction. The Company also receives a fee for each card activated. Revenue from activation fees are deferred and amortized over the period the Company performs its obligations under the card to the customer.
Advertising Costs	Advertising Costs The Company’s advertising costs consist primarily of video, audio and digital marketing. Advertising costs are expensed the first time the advertising takes place, and are included in the line item “Selling, general and administrative expenses” on the Company’s Consolidated Statements of Income (Loss). During Fiscal 2021, Fiscal 2020 and Fiscal 2019, advertising costs were $ 48.5 million, $ 43.8 million and $ 73.1 million, respectively.
Income Taxes	Income Taxes The Company accounts for income taxes in accordance with Topic No. 740. Deferred income taxes reflect the impact of temporary differences between amounts of assets and liabilities for financial reporting purposes and such amounts as measured by tax laws. A valuation allowance against the Company’s deferred tax assets is recorded when it is more likely than not that some portion or all of the deferred tax assets will not be realized. In determining the need for a valuation allowance, management is required to make assumptions and to apply judgment, including forecasting future earnings, taxable income, and the mix of earnings in the jurisdictions in which the Company operates. Management periodically assesses the need for a valuation allowance based on the Company’s current and anticipated results of operations. The need for and the amount of a valuation allowance can change in the near term if operating results and projections change significantly. Topic No. 740 requires the recognition in the Company’s Consolidated Financial Statements of the impact of a tax position taken or expected to be taken in a tax return, if that position is “more likely than not” to be sustained upon examination by the relevant taxing authority, based on the technical merits of the position. The tax benefits recognized in the Company’s Consolidated Financial Statements from such a position are measured based on the largest benefit that has a greater than fifty percent likelihood of being realized upon ultimate resolution. The Company records interest and penalties related to unrecognized tax benefits as part of income taxes.
Other Income, Net	Other Income, Net Other income, net, consists of gains and losses on insurance proceeds, interest income, net gains and losses on disposition of assets, gift card breakage, and other miscellaneous items . The Company recognized $ 1.5 million, $ 3.2 million and $ 8.1 million of gain on insurance recoveries during Fiscal 2021, Fiscal 2020 and Fiscal 2019 , respectively. The Company also recognized $ 3.7 million during Fiscal 2021, related to the sale of certain state tax credits. There were no sales of tax credits during Fiscal 2020 or Fiscal 2019.
Comprehensive Income (Loss)	Comprehensive Income (Loss) Comprehensive income (loss) is comprised of net income (loss) and the effective portion of changes in the fair value of derivatives designated and that qualify as cash flow hedges, less amounts reclassified into earnings.
Lease Accounting	Lease Accounting The Company leases store locations, distribution centers and office space used in its operations. Beginning in Fiscal 2019, as a result of adopting Accounting Standards Update (ASU) 2016-02, “Leases” (ASU 2016-02) , the Company accounts for these types of leases in accordance with ASC Topic No. 842, “Leases” (Topic No. 842), which requires that leases be evaluated and classified as operating or finance leases for financial reporting purposes. The lease liability is calculated as the present value of the remaining future lease payments over the lease term, including reasonably assured renewal options. The discount rates used in valuing the Company’s leases are not readily determinable, and are based on the Company’s incremental borrowing rate on a fully collateralized basis. In calculating its incremental borrowing rate, the Company uses a retail industry yield curve, adjusted for the Company’s credit profile. The right-of-use asset for operating leases is based on the lease liability plus initial direct costs and prepaid lease payments, less landlord incentives received. The Company’s operating lease cost, included in the line item “Selling, general and administrative expenses” on its Consolidated Statements of Income (Loss), includes amortization of right-of-use assets, interest on lease liabilities, as well as any variable and short-term lease cost. The Company commences recording operating lease cost when the underlying asset is made available for use. Assets held under finance leases are included in the line item “Property and equipment—net of accumulated depreciation and amortization” in the Company’s Consolidated Balance Sheets.
Stock-Based Compensation	Stock-Based Compensation The Company accounts for stock-based compensation in accordance with ASC Topic No. 718, “Stock Compensation” (Topic No. 718), which requires companies to record stock compensation expense for all non-vested and new awards beginning as of the grant date and through the end of the vesting period. Refer to Note 11, “Stock-Based Compensation,” for further details.
Net Income (Loss) Per Share	Net Income (Loss) Per Share Net income (loss) per share is calculated using the treasury stock method. Refer to Note 10, “Net Income (Loss) Per Share,” for further details.
Credit Risk	Credit Risk Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash, cash equivalents and investments. The Company manages the credit risk associated with cash equivalents and investments by investing with high-quality institutions and, by policy, limiting investments only to those which meet prescribed investment guidelines. The Company maintains cash accounts that, at times, may exceed federally insured limits. The Company has not experienced any losses from maintaining cash accounts in excess of such limits. Management believes that it is not exposed to any significant risks on its cash and cash equivalent accounts.
Segment Information	Segment Information The Company reports segment information in accordance with ASC Topic No. 280 “Segment Reporting.” The Company has one reportable segment. The Company is an off-price retailer that offers customers a complete line of value-priced apparel, including: women’s ready-to-wear apparel, accessories, footwear, menswear, youth apparel, baby, home, coats, beauty, toys and gifts. Sales percentage by major product category is as follows: Category Fiscal 2021 Fiscal 2020 Fiscal 2019 Ladies apparel 23 % 20 % 21 % Accessories and shoes 23 % 24 % 26 % Home 20 % 21 % 17 % Mens apparel 16 % 16 % 17 % Kids apparel and baby 14 % 15 % 15 % Outerwear 4 % 4 % 4 % Certain classifications have been updated in the above table compared to prior years in order to conform to the manner in which the Company manages its operations. These updates include a shift in certain cold weather categories from apparel to accessories and shoes, as well as in certain gifts, electronics, automotive and other miscellaneous categories from men's to home. Prior year amounts have been reclassified to conform to the current period presentation.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Jan. 29, 2022
Accounting Policies [Abstract]
Self Insurance Reserves	Self-insurance reserves as of January 29, 2022 and January 30, 2021 were: (in thousands) January 29, January 30, Short-term self-insurance reserve(a) $ 33,734 $ 33,191 Long-term self-insurance reserve(b) 47,841 47,721 Total $ 81,575 $ 80,912 (a) Represents the portions of the self-insurance reserve expected to be paid in the next twelve months, which were recorded in the line item “Other current liabilities” in the Company’s Consolidated Balance Sheets. (b) Represents the portions of the self-insurance reserve expected to be paid in excess of twelve months, which was recorded in the line item “Other liabilities” in the Company’s Consolidated Balance Sheets.
Other Revenue	Other revenue consists of service fees (layaway and other miscellaneous service charges), subleased rental income and revenue from the Company's private label credit card (PLCC) as shown in the table below: (in thousands) Fiscal Years Ended January 29, January 30, February 1, Service fees $ 3,178 $ 3,186 $ 16,051 Subleased rental income, PLCC and other 12,529 9,253 9,104 Total $ 15,707 $ 12,439 $ 25,155
Sales Percentage by Major Product Category	Sales percentage by major product category is as follows: Category Fiscal 2021 Fiscal 2020 Fiscal 2019 Ladies apparel 23 % 20 % 21 % Accessories and shoes 23 % 24 % 26 % Home 20 % 21 % 17 % Mens apparel 16 % 16 % 17 % Kids apparel and baby 14 % 15 % 15 % Outerwear 4 % 4 % 4 %

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
	Jan. 29, 2022
Property, Plant and Equipment [Abstract]
Property and Equipment	Property and equipment consist of: (in thousands) Useful Lives January 29, January 30, Land N/A $ 148,144 $ 148,973 Buildings 20 to 40 Years 490,698 492,289 Store fixtures and equipment 3 to 15 Years 1,300,997 1,074,584 Software 3 to 10 Years 307,077 278,786 Leasehold improvements Shorter of 828,095 772,825 Construction in progress N/A 128,673 170,061 Total property and equipment at cost 3,203,684 2,937,518 Less: accumulated depreciation and amortization ( 1,651,447 ) ( 1,498,655 ) Total property and equipment, net of accumulated $ 1,552,237 $ 1,438,863

Intangible Assets (Tables)

Intangible Assets (Tables)	12 Months Ended
	Jan. 29, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets	Intangible assets at January 29, 2022 and January 30, 2021 consist primarily of tradenames. (in thousands) January 29, 2022 January 30, 2021 Gross Accumulated Net Gross Accumulated Net Tradenames $ 238,000 $ — $ 238,000 $ 238,000 $ — $ 238,000

Impairment Charges (Tables)

Impairment Charges (Tables)	12 Months Ended
	Jan. 29, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Impairment Charges	Impairment charges during these periods related to the following: (in thousands) Fiscal Years Ended Asset Categories January 29, January 30, February 1, Store fixtures and equipment 3,163 $ 2,811 $ 809 Leasehold improvements 3,330 1,665 52 Operating lease assets 202 1,373 921 Buildings 970 43 921 Land — — 1,604 Other assets 83 120 8 Total $ 7,748 $ 6,012 $ 4,315

Long Term Debt (Tables)

Long Term Debt (Tables)	12 Months Ended
	Jan. 29, 2022
Debt Disclosure [Abstract]
Long Term Debt	Long term debt consists of: (in thousands) January 29, January 30, 2022 2021 Senior secured term loan facility (Term B-6 Loans), LIBOR (with a floor of 0.00 %) plus 2.00 %, matures on June 24, 2028 $ 950,676 $ — Senior secured term loan facility (Term B-5 Loans), LIBOR (with a floor of 0.00 %) plus 1.75 %, repaid in full on June 24, 2021 — 958,418 $ 805,000 convertible senior notes, 2.25 %, matures on April 15, 2025 572,322 648,311 $ 300,000 senior secured notes, 6.25 %, redeemed in full on June 11, 2021 — 300,000 $ 650,000 ABL senior secured revolving facility, LIBOR plus spread based on average outstanding balance, matures on December 22, 2026 — — Finance lease obl igations 43,945 47,664 Unamortized deferred financing costs ( 11,484 ) ( 22,724 ) Total debt 1,555,459 1,931,669 Less: current maturities ( 14,357 ) ( 3,899 ) Long term debt, net of current maturities $ 1,541,102 $ 1,927,770
Schedule of Components of Convertible Notes	The Convertible Notes consist of the following components as of the dates indicated: (in thousands) January 29, January 30, 2022 2021 Liability component: Principal $ 572,322 $ 805,000 Unamortized debt discount — ( 156,689 ) Unamortized deferred debt costs ( 9,761 ) ( 14,191 ) Net carrying amount $ 562,561 $ 634,120 Equity component, net $ — $ 131,916
Schedule of Interest Expense Related to Convertible Notes	Interest expense related to the Convertible Notes consists of the following as of the periods indicated: (in thousands) Fiscal Year Ended January 29, 2022 January 30, 2021 February 1, 2020 Coupon interest $ 16,313 $ 14,375 $ — Amortization of debt discount — 23,988 — Amortization of deferred debt costs 3,742 2,173 — Convertible Notes interest expense $ 20,055 $ 40,536 $ —
Amortization Expense Related to Deferred Financing Fees	Amortization expense related to the deferred financing costs as of January 29, 2022 for each of the next five fiscal years and thereafter is estimated to be as follows: Fiscal Years (in thousands) 2022 $ 3,784 2023 3,938 2024 3,935 2025 1,458 2026 763 Thereafter 367 Total $ 14,245
Maturities of Long-Term Debt Obligations	Scheduled maturities of the Company’s long term debt obligations, as they exist as of January 29, 2022, in each of the next five fiscal years and thereafter are as follows: (in thousands) Total Debt Fiscal Years: 2022 $ 9,614 2023 9,614 2024 9,614 2025 581,936 2026 9,614 Thereafter 908,537 Total 1,528,929 Less: unamortized discount ( 5,931 ) Less: unamortized deferred financing costs ( 11,484 ) Finance lease liabilities 43,945 Total debt $ 1,555,459

Derivative Instruments and He_2

Derivative Instruments and Hedging Activities (Tables)	12 Months Ended
	Jan. 29, 2022
Fair Value of Company's Derivative Financial Instruments on Gross Basis as well as Classification	The tables below present the fair value of the Company’s derivative financial instruments on a gross basis, as well as their classification on the Company’s Consolidated Balance Sheets: (in thousands) Fair Values of Derivative Instruments January 29, 2022 January 30, 2021 Derivatives Designated as Hedging Instruments Balance Fair Balance Fair Interest rate swap contracts Other liabilities $ 10,968 Other liabilities $ 31,665
Summary of Unrealized Losses Deferred to Accumulated Other Comprehensive Loss	The following table presents the unrealized losses deferred to accumulated other comprehensive loss resulting from the Company’s derivative instruments designated as cash flow hedging instruments for each of the reporting periods. (in thousands) Fiscal Year Ended Interest Rate Derivatives: January 29, 2022 January 30, 2021 February 1, 2020 Unrealized gains (losses), before taxes $ 10,914 $ ( 15,606 ) $ ( 22,959 ) Income tax (expense) benefit ( 2,983 ) 4,148 6,353 Unrealized gains (losses), net of taxes $ 7,931 $ ( 11,458 ) $ ( 16,606 )
Reclassification of Losses from Accumulated Other Comprehensive Loss into Earnings	The following table presents information about the reclassification of losses from accumulated other comprehensive loss into earnings related to the Company’s derivative instruments designated as cash flow hedging instruments for each of the reporting periods. (in thousands) Fiscal Year Ended Component of Earnings: January 29, 2022 January 30, 2021 February 1, 2020 Interest expense $ 14,608 $ 10,198 $ 1,733 Income tax benefit ( 3,965 ) ( 2,795 ) ( 474 ) Net reclassification into earnings $ 10,643 $ 7,403 $ 1,259
Derivatives Designated as Hedging Instruments
Outstanding Interest Rate Derivatives in Qualifying Hedging Relationships	As of January 29, 2022, the Company had the following outstanding interest rate derivatives that were designated as cash flow hedges of interest rate risk: Interest Rate Derivative Number of Notional Aggregate Principal Amount Interest Swap Rate Maturity Date Interest rate swap contract One $ 450.0 million 2.19 % June 24, 2028

Net Income (Loss) Per Share (Ta

Net Income (Loss) Per Share (Tables)	12 Months Ended
	Jan. 29, 2022
Earnings Per Share [Abstract]
Computation of Basic and Diluted per Common Share	Basic net income (loss) per share is calculated by dividing net income (loss) by the weighted-average number of common shares outstanding. Dilutive net income (loss) per share is calculated by dividing net income (loss) by the weighted-average number of common shares and potentially dilutive securities outstanding during the period using the treasury stock method for the Company’s stock option, restricted stock and restricted stock unit awards, and the if-converted method for the Convertible Notes. (in thousands, except per share data) Fiscal Year Ended January 29, January 30, February 1, 2022 2021 2020 Basic net income (loss) per share Net income (loss) $ 408,839 $ ( 216,499 ) $ 465,116 Weighted average number of common shares – basic 66,588 65,962 65,943 Net income (loss) per common share – basic $ 6.14 $ ( 3.28 ) $ 7.05 Diluted net income (loss) per share Net income (loss) $ 408,839 $ ( 216,499 ) $ 465,116 Shares for basic and diluted net income (loss) per share: Weighted average number of common shares – basic 66,588 65,962 65,943 Assumed exercise of stock options and vesting of restricted stock 685 — 1,350 Assumed conversion of convertible debt 853 — — Weighted average number of common shares – diluted 68,126 65,962 67,293 Net income (loss) per common share – diluted $ 6.00 $ ( 3.28 ) $ 6.91

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	12 Months Ended
	Jan. 29, 2022
Share-based Payment Arrangement [Abstract]
Non-Cash Stock Compensation Expense	Non-cash stock compensation expense is as follows: (in thousands) Fiscal Year Ended January 29, January 30, February 1, Type of Non-Cash Stock Compensation 2022 2021 2020 Restricted stock and restricted stock unit grants (a) $ 30,525 $ 25,258 $ 20,454 Stock option grants (a) 18,909 20,038 19,222 Performance stock unit grants (a) 9,112 10,549 4,252 Total (b) $ 58,546 $ 55,845 $ 43,928 (a) Included in the line item “Selling, general and administrative expenses” in the Company’s Consolidated Statements of Income (Loss). (b) The amounts presented in the table above exclude the effect of income taxes. The tax benefit related to the Company’s non-cash stock compensation was $ 10.3 million, $ 9.1 million and $ 9.0 million during Fiscal 2021, Fiscal 2020 and Fiscal 2019 , respectively.
Exercise Price of Service-Based Stock Options Granted	Options granted during Fiscal 2021, Fiscal 2020 and Fiscal 2019, were all service-based awards granted under the Plans at the following exercise prices: Exercise Price Ranges From To Fiscal 2021 $ 219.08 $ 342.03 Fiscal 2020 $ 179.46 $ 246.97 Fiscal 2019 $ 145.08 $ 231.86
Stock Option Transactions	Stock option transactions during Fiscal 2021 are summarized as follows: Number of Weighted Options outstanding, January 30, 2021 1,346,775 $ 133.86 Options granted 212,397 315.21 Options exercised (a) ( 418,173 ) 95.38 Options forfeited ( 43,441 ) 195.49 Options outstanding, January 29, 2022 1,097,558 $ 181.17 (a) Options exercised during Fiscal 2021 had a total intrinsic value of $ 87.4 million.
Stock Options Vested and Expected to Vest as Well as Option Exercisable	The following table summarizes information about the stock options vested and expected to vest during the contractual term, as well as options exercisable: Options Weighted Weighted Aggregate Options vested and expected to vest 1,097,558 6.7 $ 181.17 $ 71.1 Options exercisable 504,737 5.1 $ 139.20 $ 46.0
Weighted Average Assumptions Used to Estimate Fair Value of Each Stock Option Granted	The fair value of each stock option granted during Fiscal 2021 was estimated using the following assumptions: Fiscal Year Ended January 29, 2022 Risk-free interest rate 0.45 % - 1.13 % Expected volatility 34 % - 35 % Expected life (years) 6.00 - 6.25 Contractual life (years) 10.0 Expected dividend yield 0 % Weighted average grant date fair value of options issued $ 109.91
Award Grant and Vesting Transactions	Prior to May 1, 2019, the Company granted shares of restricted stock. Grants made on and after May 1, 2019 are in the form of restricted stock units. Award grant, vesting and forfeiture transactions during Fiscal 2021 are summarized as follows: Number of Weighted Non-vested awards outstanding, January 30, 2021 396,555 $ 168.87 Awards granted 147,677 317.54 Awards vested (a) ( 154,501 ) 152.73 Awards forfeited ( 21,573 ) 207.80 Non-vested awards outstanding, January 29, 2022 368,158 233.00 (a) Restricted stock awards vested during Fiscal 2021 had a total intrinsic value of $ 48.1 million.
Performance Share Unit Transactions	Performance share unit transactions during Fiscal 2021 are summarized as follows: Number of Weighted Non-vested units outstanding, January 30, 2021 148,668 $ 176.70 Units granted 55,361 321.04 Awards forfeited ( 17,593 ) 215.49 Non-vested units outstanding, January 29, 2022 186,436 215.90

Lease Commitments (Tables)

Lease Commitments (Tables)	12 Months Ended
	Jan. 29, 2022
Leases [Abstract]
Future Lease Payments	The following is a schedule of the Company’s future lease payments: (in thousands) Fiscal Year Operating Finance 2022 $ 494,529 $ 7,513 2023 484,061 7,589 2024 448,842 7,417 2025 414,697 5,287 2026 377,819 5,324 Thereafter 1,306,520 28,013 Total future minimum lease payments 3,526,468 61,143 Amount representing interest ( 628,255 ) ( 17,198 ) Total lease liabilities 2,898,213 43,945 Less: current portion of lease liabilities ( 358,793 ) ( 4,743 ) Total long term lease liabilities $ 2,539,420 $ 39,202 Weighted average discount rate 5.0 % 6.7 % Weighted average remaining lease term (years) 8.2 11.1
Schedule of Net Lease Costs	The following is a schedule of net lease costs for the years indicated: (in thousands) Fiscal Year Ended January 29, 2022 January 30, 2021 February 1, 2020 Finance lease cost: Amortization of finance lease asset (a) $ 4,554 $ 5,907 $ 4,027 Interest on lease liabilities (b) 3,111 3,394 2,770 Operating lease cost (c) 468,349 441,089 414,174 Variable lease cost (c) 188,035 180,270 155,210 Total lease cost 664,049 630,660 576,181 Less all rental income (d) ( 5,771 ) ( 5,010 ) ( 5,029 ) Total net rent expense (e) $ 658,278 $ 625,650 $ 571,152 (a) Included in the line item “Depreciation and amortization” in the Company’s Consolidated Statements of Income (Loss). (b) Included in the line item “Interest expense” in the Company’s Consolidated Statements of Income (Loss). (c) Includes real estate taxes, common area maintenance, insurance and percentage rent. Included in the line item “Selling, general and administrative expenses” in the Company’s Consolidated Statements of Income (Loss). (d) Included in the line item “Other revenue” in the Company’s Consolidated Statements of Income (Loss). (e) Excludes an immaterial amount of short-term lease cost.
Schedule of Supplemental Cash Flow Disclosures Related to Leases	Supplemental cash flow disclosures related to leases are as follows: (in thousands) Fiscal Year Ended January 29, 2022 January 30, 2021 February 1, 2020 Cash paid for amounts included in the measurement of lease liabilities: Cash payments arising from operating lease liabilities (a) $ 509,971 $ 409,750 $ 401,575 Cash payments for the principal portion of finance lease liabilities (b) $ 4,073 $ 3,269 $ 2,932 Cash payments for the interest portion of finance lease liabilities (a) $ 3,111 $ 3,394 $ 2,770 Supplemental non-cash information: Operating lease liabilities arising from obtaining right-of-use assets $ 516,545 $ 413,068 $ 690,827 (a) Included within operating activities in the Company’s Consolidated Statements of Cash Flows. (b) Included within financing activities in the Company’s Consolidated Statements of Cash Flows.

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Jan. 29, 2022
Income Tax Disclosure [Abstract]
Income (Loss) Before Income Taxes	Income (loss) before income taxes was as follows for Fiscal 2021, Fiscal 2020 and Fiscal 2019: (in thousands) Year Ended January 29, January 30, February 1, Domestic $ 533,906 $ ( 441,473 ) $ 573,399 Foreign 11,392 3,850 7,126 Total income (loss) before income taxes $ 545,298 $ ( 437,623 ) $ 580,525
Income Tax Expense (Benefit)	Income tax expense (benefit) was as follows for Fiscal 2021, Fiscal 2020 and Fiscal 2019: (in thousands) Year Ended January 29, January 30, February 1, Current: Federal $ 69,146 $ ( 210,304 ) $ 83,521 State 11,546 12,964 20,778 Foreign 3,815 1,175 2,040 Subtotal 84,507 ( 196,165 ) 106,339 Deferred: Federal 32,217 13,600 8,375 State 19,272 ( 38,816 ) 1,012 Foreign 463 257 ( 317 ) Subtotal 51,952 ( 24,959 ) 9,070 Total income tax expense (benefit) $ 136,459 $ ( 221,124 ) $ 115,409
Tax Rate Reconciliations	The tax rate reconciliations were as follows for Fiscal 2021, Fiscal 2020 and Fiscal 2019: Fiscal Year Ended January 29, January 30, February 1, Tax at statutory rate 21.0 % 21.0 % 21.0 % State income taxes, net of federal benefit 4.0 3.0 4.0 Excess tax benefit from stock compensation ( 4.8 ) 7.2 ( 5.3 ) Tax credits ( 1.6 ) 1.8 ( 1.0 ) Carryback tax rate differential — 19.8 — Non-deductible expenses 2.0 ( 1.8 ) 0.8 Loss from extinguishment of convertible debt 4.4 — — Other — ( 0.5 ) 0.4 Effective tax rate 25.0 % 50.5 % 19.9 %
Tax Effects of Temporary Differences Included in Deferred Tax Accounts	The tax effects of temporary differences are included in deferred tax accounts as follows: (in thousands) January 29, 2022 January 30, 2021 Tax Tax Tax Tax Non-current deferred tax assets and liabilities: Property and equipment basis adjustments $ — $ 253,097 $ — $ 225,203 Operating lease liability 745,300 — 705,968 — Operating lease asset — 687,128 — 656,193 Intangibles—indefinite-lived — 64,093 — 64,459 Financing 1,378 — — 30,860 Employee benefit compensation 17,703 — 21,015 — State net operating losses (net of federal benefit) 25,450 — 42,991 — Tax credits 8,562 — 13,883 — Other 2,725 — 10,386 — Valuation allowance ( 12,864 ) — ( 12,957 ) — Total non-current deferred tax assets and liabilities $ 788,254 $ 1,004,318 $ 781,286 $ 976,715 Net deferred tax liability $ 216,064 $ 195,429
Reconciliation of Beginning and Ending Amount of Gross Unrecognized Tax Benefits	A reconciliation of the beginning and ending amount of gross unrecognized tax benefits (exclusive of interest and penalties) is as follows: (in thousands) Gross Balance at February 2, 2019 $ 8,927 Additions for tax positions of the current year — Additions for tax positions of prior years — Reduction for tax positions of prior years ( 783 ) Settlements — Lapse of statute of limitations ( 67 ) Balance at February 1, 2020 $ 8,077 Additions for tax positions of the current year — Additions for tax positions of prior years — Reduction for tax positions of prior years ( 1,269 ) Settlements ( 396 ) Lapse of statute of limitations ( 72 ) Balance at January 30, 2021 $ 6,340 Additions for tax positions of the current year — Additions for tax positions of prior years — Reduction for tax positions of prior years ( 783 ) Settlements — Lapse of statute of limitations ( 770 ) Balance at January 29, 2022 $ 4,787

Fair Value of Financial Instr_2

Fair Value of Financial Instruments (Tables)	12 Months Ended
	Jan. 29, 2022
Fair Value Disclosures [Abstract]
Fair Values of Financial Assets and Hierarchy of Level of Inputs	The fair values of the Company’s financial assets and the hierarchy of the level of inputs as of January 29, 2022 and January 30, 2021 are summarized below: (in thousands) Fair Value Measurements at January 29, January 30, 2022 2021 Level 1 Cash equivalents (including restricted cash) $ 701,638 $ 1,001,475
Fair Values of Financial Liabilities	The fair values of the Company’s financial liabilities are summarized below: (in thousands) January 29, 2022 January 30, 2021 Principal Fair Principal Fair Term B-6 Loans $ 956,608 $ 955,412 $ — $ — Term B-5 Loans — — 961,415 955,406 Convertible Notes 572,322 724,703 805,000 1,080,713 Secured Notes — — 300,000 320,625 ABL Line of Credit (a) — — — — Total debt (b) $ 1,528,930 $ 1,680,115 $ 2,066,415 $ 2,356,744 (a) To the extent the Company has any outstanding borrowings under the ABL Line of Credit, the fair value would approximate its reported value, because the interest rate is variable and reflects current market rates, due to short term nature. (b) Excludes finance lease obligations, original-issue discount and deferred financing costs.

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Additional Information (Detail)	3 Months Ended		12 Months Ended
	Aug. 01, 2020USD ($)	May 02, 2020USD ($)	Jan. 29, 2022USD ($)StoreState	Jan. 30, 2021USD ($)	Feb. 01, 2020USD ($)	Jan. 30, 2020USD ($)	Jun. 11, 2021USD ($)	Apr. 30, 2020USD ($)	Apr. 16, 2020USD ($)	Mar. 17, 2020USD ($)
Summary Of Significant Accounting Policies [Line Items]
Number of stores | Store			840
Number of states stores operated | State			45
Medical benefit premiums paid during period furloughed			100.00%
Long Term Debt			$ 1,528,929,000
Decrease salary of executive leadership team			50.00%
Inventory markdown reserve		$ 271,900,000
Income tax expense (benefit)			$ 136,459,000	$ (221,124,000)	$ 115,409,000
Gain on insurance recovery			$ 1,500,000	3,200,000	8,100,000
Cash and short-term, highly liquid investments, maturities period			3 months
Selling, general and administrative expenses			$ 2,868,527,000	2,326,928,000	2,228,178,000
Depreciation and amortization			249,217,000	220,390,000	210,720,000
Capitalized software			25,300,000	12,200,000	18,000,000
Impairment charges - indefinite lived intangible assets			0	0	0
impairment charges - finite lived intangible assets			0	0		$ 0
Impairment charges goodwill			0	0	0
Customer liabilities			35,500,000	30,200,000
Advertising costs			48,500,000	43,800,000	73,100,000
Sale of certain state tax credit			3,700,000	0	0
Distribution and Purchasing Functions
Summary Of Significant Accounting Policies [Line Items]
Selling, general and administrative expenses			618,300,000	433,800,000		$ 339,100
Depreciation and amortization			45,000,000	30,800,000	$ 31,900,000
Coronavirus Aid, Relief, and Economic Security Act | Prepaid and Other Current Assets
Summary Of Significant Accounting Policies [Line Items]
Tax refund from carryback of federal net operating loss			245,500,000
ABL senior secured revolving facility
Summary Of Significant Accounting Policies [Line Items]
Repayments of debt	$ 150,000,000			250,000,000
Long-Term Debt, face amount			650,000,000	650,000,000						$ 400,000,000
Convertible Senior Notes
Summary Of Significant Accounting Policies [Line Items]
Long Term Debt			572,322,000	648,311,000
Long-Term Debt, face amount			$ 805,000,000	$ 805,000,000				$ 805,000,000	$ 805,000,000
Debt Instrument, Interest Rate, Stated Percentage			2.25%	2.25%				2.25%	2.25%
Senior Secured Notes
Summary Of Significant Accounting Policies [Line Items]
Long Term Debt				$ 300,000,000
Long-Term Debt, face amount			$ 300,000,000	$ 300,000,000			$ 300,000,000		$ 300,000,000
Debt Instrument, Interest Rate, Stated Percentage			6.25%	6.25%					6.25%
Minimum | Buildings
Summary Of Significant Accounting Policies [Line Items]
Property and equipment, Useful Lives			20 years
Minimum | Fixtures And Equipment
Summary Of Significant Accounting Policies [Line Items]
Property and equipment, Useful Lives			3 years
Maximum
Summary Of Significant Accounting Policies [Line Items]
Maximum discount on sales price			60.00%
Maximum | Buildings
Summary Of Significant Accounting Policies [Line Items]
Property and equipment, Useful Lives			40 years
Maximum | Fixtures And Equipment
Summary Of Significant Accounting Policies [Line Items]
Property and equipment, Useful Lives			15 years
Burlington Stores
Summary Of Significant Accounting Policies [Line Items]
Number of stores | Store			837
Cohoes Fashions
Summary Of Significant Accounting Policies [Line Items]
Number of stores | Store			2
MJM Designer Shoes
Summary Of Significant Accounting Policies [Line Items]
Number of stores | Store			1

Self Insurance Reserves (Detail

Self Insurance Reserves (Detail) - USD ($) $ in Thousands	Jan. 29, 2022	Jan. 30, 2021
Health Care Organizations [Abstract]
Short-term self insurance reserve	$ 33,734	$ 33,191
Long-term self insurance reserve	47,841	47,721
Total	$ 81,575	$ 80,912

Other Revenue (Detail)

Other Revenue (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jan. 29, 2022	Jan. 30, 2021	Feb. 01, 2020
Revenue Recognition [Line Items]
Other Revenue	$ 9,306,549	$ 5,751,541	$ 7,261,243
Other Revenue
Revenue Recognition [Line Items]
Other Revenue	15,707	12,439	25,155
Other Revenue | Service Fees
Revenue Recognition [Line Items]
Other Revenue	3,178	3,186	16,051
Other Revenue | Subleased Rental Income, PLCC and Other
Revenue Recognition [Line Items]
Other Revenue	$ 12,529	$ 9,253	$ 9,104

Sales Percentage by Major Produ

Sales Percentage by Major Product Category (Detail) - Sales Revenue, Net - Product Concentration Risk - Sales Revenue, Net - Product Concentration Risk	12 Months Ended
	Jan. 29, 2022	Jan. 30, 2021	Feb. 01, 2020
Ladies Apparel
Product Information [Line Items]
Sales Percentage	23.00%	20.00%	21.00%
Accessories and Shoes
Product Information [Line Items]
Sales Percentage	23.00%	24.00%	26.00%
Home
Product Information [Line Items]
Sales Percentage	20.00%	21.00%	17.00%
Mens Apparel
Product Information [Line Items]
Sales Percentage	16.00%	16.00%	17.00%
Kids Apparel/ and Baby
Product Information [Line Items]
Sales Percentage	14.00%	15.00%	15.00%
Outerwear
Product Information [Line Items]
Sales Percentage	4.00%	4.00%	4.00%

Recent Accounting Pronounceme_2

Recent Accounting Pronouncements (Additional Information) (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Jan. 29, 2022	Jan. 30, 2021	Feb. 01, 2020	Oct. 30, 2021	Apr. 30, 2020	Apr. 16, 2020
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Long term debt, net of current maturities	$ 1,541,102	$ 1,927,770
Accumulated earnings (deficit)	414,292	(11,702)
Deferred tax liabilities	$ 220,023	$ 199,850
Net income (loss) per common share - diluted	$ 6	$ (3.28)	$ 6.91
Accounting Standards Update, Adjustment | Accounting Standards Update (ASU) 2020-06
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Additional paid-in capital	$ 176,000
Long term debt, net of current maturities	$ 153,000
Net income (loss) per common share - diluted	$ 0.29
Accounting Standards Update, Adjustment | Tax Effect, Adjustment | Accounting Standards Update (ASU) 2020-06
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Deferred tax liabilities	$ 38,300
Convertible Senior Notes
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Debt Instrument, Face Amount	$ 805,000	$ 805,000			$ 805,000	$ 805,000
Long-Term Debt, interest rate	2.25%	2.25%			2.25%	2.25%
Interest expense	$ 20,055	$ 40,536
Convertible Senior Notes | Tax Effect, Adjustment | Accounting Standards Update (ASU) 2020-06
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Accumulated earnings (deficit)	$ 5,900
Convertible Senior Notes | Accounting Standards Update, Adjustment | Accounting Standards Update (ASU) 2020-06
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Long-Term Debt, interest rate	2.80%			8.20%
Additional paid-in capital	$ 44,100
Accumulated earnings (deficit)	23,000
Interest expense	$ 31,300

Restricted Cash and Cash Equi_2

Restricted Cash and Cash Equivalents - Additional Information (Detail) - USD ($) $ in Thousands	Jan. 29, 2022	Jan. 30, 2021
Restricted Cash and Cash Equivalents Items [Line Items]
Restricted cash and cash equivalents	$ 6,582	$ 6,582
Collateral for Certain Insurance Contracts
Restricted Cash and Cash Equivalents Items [Line Items]
Restricted cash and cash equivalents	$ 6,600	$ 6,600

Property and Equipment (Detail)

Property and Equipment (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jan. 29, 2022	Jan. 30, 2021
Property Plant And Equipment [Line Items]
Total property and equipment at cost	$ 3,203,684	$ 2,937,518
Less: accumulated depreciation and amortization	(1,651,447)	(1,498,655)
Total property and equipment, net of accumulated depreciation and amortization	1,552,237	1,438,863
Land
Property Plant And Equipment [Line Items]
Total property and equipment at cost	148,144	148,973
Buildings
Property Plant And Equipment [Line Items]
Total property and equipment at cost	490,698	492,289
Store fixtures and equipment
Property Plant And Equipment [Line Items]
Total property and equipment at cost	1,300,997	1,074,584
Software
Property Plant And Equipment [Line Items]
Total property and equipment at cost	$ 307,077	278,786
Leasehold improvements
Property Plant And Equipment [Line Items]
Property and equipment, Useful Lives	Shorter oflease term oruseful life
Total property and equipment at cost	$ 828,095	772,825
Construction in Progress
Property Plant And Equipment [Line Items]
Total property and equipment at cost	$ 128,673	$ 170,061
Minimum | Buildings
Property Plant And Equipment [Line Items]
Property and equipment, Useful Lives	20 years
Minimum | Store fixtures and equipment
Property Plant And Equipment [Line Items]
Property and equipment, Useful Lives	3 years
Minimum | Software
Property Plant And Equipment [Line Items]
Property and equipment, Useful Lives	3 years
Maximum | Buildings
Property Plant And Equipment [Line Items]
Property and equipment, Useful Lives	40 years
Maximum | Store fixtures and equipment
Property Plant And Equipment [Line Items]
Property and equipment, Useful Lives	15 years
Maximum | Software
Property Plant And Equipment [Line Items]
Property and equipment, Useful Lives	10 years

Property and Equipment - Additi

Property and Equipment - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jan. 29, 2022	Jan. 30, 2021	Feb. 01, 2020
Property Plant And Equipment [Line Items]
Finance leases, accumulated amortization	$ 13,300	$ 8,700
Finance leases, net of accumulated amortization	34,200	38,900
Total amount of depreciation expense	218,100	189,500	$ 178,200
Depreciation and Amortization	249,217	220,390	210,720
Property and Equipment
Property Plant And Equipment [Line Items]
Impairment Charges - Property and equipment	7,500	4,600	3,400
Software Development
Property Plant And Equipment [Line Items]
Depreciation and Amortization	$ 18,900	16,900	17,900
Software Development | Minimum
Property Plant And Equipment [Line Items]
Internally developed software, amortization period	3 years
Software Development | Maximum
Property Plant And Equipment [Line Items]
Internally developed software, amortization period	10 years
Landlord Owned Assets
Property Plant And Equipment [Line Items]
Depreciation and Amortization	$ 12,200	$ 14,000	$ 14,600

Intangible Assets (Detail)

Intangible Assets (Detail) - USD ($) $ in Thousands	Jan. 29, 2022	Jan. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Tradenames, Net Amount	$ 238,000	$ 238,000

Impairment Charges - Additional

Impairment Charges - Additional Information (Detail) $ in Thousands	12 Months Ended
	Jan. 29, 2022USD ($)Store	Jan. 30, 2021USD ($)Store	Feb. 01, 2020USD ($)Store
Impaired Long Lived Assets Held And Used [Line Items]
Impairment charges - long-lived assets	$ 7,748	$ 6,012	$ 4,315
Impaired long-lived assets held and used, method for determining fair value	Long-lived assets are measured at fair value on a non-recurring basis for purposes of calculating impairment using the fair value hierarchy of ASC Topic No. 820 “Fair Value Measurements” (Topic No. 820). Refer to Note 15, “Fair Value of Financial Instruments,” for further discussion of the Company’s fair value hierarchy. The fair value of the Company’s long-lived assets is calculated using a discounted cash-flow model that used level 3 inputs. In calculating future cash flows, the Company makes estimates regarding future operating results and market rent rates, based on its experience and knowledge of market factors in which the retail location is located. During Fiscal 2021 and Fiscal 2020, the assets impaired had a remaining carrying value after impairments of $63.4 million and $30.5 million, respectively, primarily related to the right-of-use assets.
Asset impairment carrying value related to right of use assets	$ 63,400	$ 30,500
Assets Impairments
Impaired Long Lived Assets Held And Used [Line Items]
Impairment of store level assets, number of stores | Store	9	14	2

Impairment Charges (Detail)

Impairment Charges (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jan. 29, 2022	Jan. 30, 2021	Feb. 01, 2020
Impaired Long Lived Assets Held And Used [Line Items]
Impairment Charges	$ 7,748	$ 6,012	$ 4,315
Store fixtures and equipment
Impaired Long Lived Assets Held And Used [Line Items]
Impairment Charges	3,163	2,811	809
Leasehold improvements
Impaired Long Lived Assets Held And Used [Line Items]
Impairment Charges	3,330	1,665	52
Operating lease assets
Impaired Long Lived Assets Held And Used [Line Items]
Impairment Charges	202	1,373	921
Buildings
Impaired Long Lived Assets Held And Used [Line Items]
Impairment Charges	970	43	921
Land
Impaired Long Lived Assets Held And Used [Line Items]
Impairment Charges			1,604
Other Assets
Impaired Long Lived Assets Held And Used [Line Items]
Impairment Charges	$ 83	$ 120	$ 8

Long-Term Debt (Detail)

Long-Term Debt (Detail) - USD ($) $ in Thousands	Jan. 29, 2022	Jan. 30, 2021	Apr. 16, 2020
Debt Instrument [Line Items]
Long Term Debt	$ 1,528,929
Finance lease obligations	$ 43,945	$ 47,664
Finance Lease, Liability, Statement of Financial Position [Extensible Enumeration]	Long term debt and capital lease obligations current and noncurrent	Long term debt and capital lease obligations current and noncurrent
Unamortized deferred financing costs	$ (11,484)	$ (22,724)
Total debt	1,555,459	1,931,669
Less: current maturities	(14,357)	(3,899)
Long term debt, net of current maturities	1,541,102	1,927,770
Senior Secured Term B-6 Loans
Debt Instrument [Line Items]
Long Term Debt	950,676
Senior Secured Term B-5 Loans
Debt Instrument [Line Items]
Long Term Debt		958,418
Convertible Senior Notes
Debt Instrument [Line Items]
Long Term Debt	572,322	648,311
Unamortized deferred financing costs			$ (21,000)
Senior Secured Notes
Debt Instrument [Line Items]
Long Term Debt		300,000
Unamortized deferred financing costs			$ (7,900)
ABL senior secured revolving facility
Debt Instrument [Line Items]
Unamortized deferred financing costs	$ (2,800)	$ (1,800)

Long-Term Debt (Parenthetical)

Long-Term Debt (Parenthetical) (Detail) - USD ($) $ in Thousands	Apr. 16, 2020	Jan. 29, 2022	Jan. 30, 2021	Jun. 11, 2021	Apr. 30, 2020	Mar. 17, 2020
Senior Secured Term B-6 Loans
Debt Instrument [Line Items]
Long-Term Debt, maturity date		Jun. 24, 2028	Jun. 24, 2028
Senior Secured Term B-5 Loans
Debt Instrument [Line Items]
Long-Term Debt, redemption date		Jun. 24, 2021	Jun. 24, 2021
Convertible Senior Notes
Debt Instrument [Line Items]
Long-Term Debt, maturity date	Apr. 15, 2025	Apr. 15, 2025	Apr. 15, 2025
Long-Term Debt, face amount	$ 805,000	$ 805,000	$ 805,000		$ 805,000
Long-Term Debt, interest rate	2.25%	2.25%	2.25%		2.25%
Senior Secured Notes
Debt Instrument [Line Items]
Long-Term Debt, face amount	$ 300,000	$ 300,000	$ 300,000	$ 300,000
Long-Term Debt, interest rate	6.25%	6.25%	6.25%
Long-Term Debt, redemption date		Jun. 11, 2021	Jun. 11, 2021
ABL senior secured revolving facility
Debt Instrument [Line Items]
Long-Term Debt, maturity date		Dec. 22, 2026	Dec. 22, 2026
Long-Term Debt, face amount		$ 650,000	$ 650,000			$ 400,000
London Interbank Offered Rate Floor | Senior Secured Term B-6 Loans
Debt Instrument [Line Items]
Long-Term Debt, interest rate		0.00%	0.00%
London Interbank Offered Rate Floor | Senior Secured Term B-5 Loans
Debt Instrument [Line Items]
Long-Term Debt, interest rate		0.00%	0.00%
London Interbank Offered Rate (LIBOR) | Senior Secured Term B-6 Loans
Debt Instrument [Line Items]
Long-Term Debt, interest rate		2.00%	2.00%
London Interbank Offered Rate (LIBOR) | Senior Secured Term B-5 Loans
Debt Instrument [Line Items]
Long-Term Debt, interest rate		1.75%	1.75%

Long-Term Debt - Additional Inf

Long-Term Debt - Additional Information (Detail)	Jun. 24, 2021USD ($)	Jun. 23, 2021	Jun. 11, 2021USD ($)	Apr. 16, 2020USD ($)$ / shares	Feb. 26, 2020USD ($)	Feb. 25, 2020	Oct. 30, 2021USD ($)shares	Jul. 31, 2021USD ($)	Jan. 30, 2021USD ($)	Aug. 01, 2020USD ($)	Jan. 29, 2022USD ($)shares	Jan. 30, 2021USD ($)	Feb. 01, 2020USD ($)	Mar. 15, 2022USD ($)	Dec. 22, 2021USD ($)	Dec. 21, 2021USD ($)	Apr. 30, 2020USD ($)	Mar. 17, 2020USD ($)
Debt Instrument [Line Items]
Loss on extinguishment of debt											$ (156,020,000)	$ (202,000)
Costs related to debt issuances and amendments											$ 3,419,000	3,633,000	$ (375,000)
Debt conversion, converted in to shares of common stock | shares											151,206
Deferred financing costs									$ 22,724,000		$ 11,484,000	22,724,000
Amortization of deferred financing costs											$ 5,323,000	4,450,000	1,247,000
Deferred financing costs, weighted average amortization period											3 years 10 months 24 days
Senior Secured Term Loan Facilities
Debt Instrument [Line Items]
Borrowing, interest rate											2.10%
Convertible Senior Notes
Debt Instrument [Line Items]
Debt instrument frequency of periodic payments				semi-annually
Loss on extinguishment of debt											$ 124,600,000
Borrowing, interest rate				8.20%
Long-Term Debt, face amount				$ 805,000,000					$ 805,000,000		$ 805,000,000	$ 805,000,000					$ 805,000,000
Long-Term Debt, interest rate				2.25%					2.25%		2.25%	2.25%					2.25%
Debt instrument maturity date				Apr. 15, 2025							Apr. 15, 2025	Apr. 15, 2025
Debt instrument, date of first required payment				Oct. 15, 2020
Debt conversion, aggregate principal amount of convertible debt							$ 160,400,000		$ 72,300,000			$ 72,300,000
Debt conversion, converted instrument, in cash							$ 90,800,000		109,000,000
Debt conversion, converted in to shares of common stock | shares							513,991
Debt instrument, conversion ratio				4.5418
Debt instrument, principal amount for conversion				$ 1,000
Debt instrument, conversion price | $ / shares				$ 220.18
Debt instrument, conversion premium				32.50%
Share price | $ / shares				$ 166.17
Debt instrument, convertible, stock price trigger				130.00%
Debt instrument, redemption price, percentage				100.00%
Debt instrument repurchase percentage on conditional basis				100.00%
Deferred financing costs				$ 21,000,000
Amortization of deferred financing costs											$ 3,742,000	2,173,000
Convertible Senior Notes | Subsequent Event
Debt Instrument [Line Items]
Debt conversion, aggregate principal amount of convertible debt														$ 55,600,000
Convertible Senior Notes | Accounting Standards Update (ASU) 2020-06
Debt Instrument [Line Items]
Borrowing, interest rate				2.80%
Convertible Senior Notes | Restated | Accounting Standards Update (ASU) 2020-06
Debt Instrument [Line Items]
Long-Term Debt, interest rate							8.20%				2.80%
Convertible Senior Notes | Debt Component
Debt Instrument [Line Items]
Deferred financing costs				$ 16,400,000					14,191,000		$ 9,761,000	14,191,000
Convertible Senior Notes | Equity Component
Debt Instrument [Line Items]
Deferred financing costs				$ 4,600,000
Senior Secured Notes
Debt Instrument [Line Items]
Debt instrument frequency of periodic payments				semiannually
Loss on extinguishment of debt								$ 30,200,000
Long-Term Debt, face amount			$ 300,000,000	$ 300,000,000					$ 300,000,000		$ 300,000,000	$ 300,000,000
Long-Term Debt, interest rate				6.25%					6.25%		6.25%	6.25%
Debt instrument, date of first required payment				Oct. 15, 2020
Deferred financing costs				$ 7,900,000
Debt instrument legal fees				$ 2,500,000
Debt instrument, redemption price			$ 323,700,000
ABL senior secured revolving facility
Debt Instrument [Line Items]
Long-Term Debt, face amount									$ 650,000,000		$ 650,000,000	$ 650,000,000						$ 400,000,000
Debt instrument maturity date											Dec. 22, 2026	Dec. 22, 2026
Deferred financing costs									1,800,000		$ 2,800,000	$ 1,800,000
Line of Credit Facility, Maximum Borrowing Capacity											650,000,000				$ 650,000,000	$ 600,000,000
Repayments of debt										$ 150,000,000		250,000,000
Line of Credit Facility, amount available									476,800,000		594,600,000	476,800,000
Line of Credit Facility, maximum amount outstanding during period											400,000,000
Line of Credit Facility, Average borrowings											$ 256,600,000
Line of Credit Facility, Average interest rate											1.90%
Amended ABL senior secured revolving facility
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity											$ 950,000,000
Adjusted London Interbank Offered Rate | Senior Secured Term Loan Facilities
Debt Instrument [Line Items]
Line of Credit Facility, interest rate											0.00%
Federal Funds Rate | Senior Secured Term Loan Facilities
Debt Instrument [Line Items]
Line of Credit Facility, interest rate											0.50%
One Month Adjusted London Interbank Offered Rate | Senior Secured Term Loan Facilities
Debt Instrument [Line Items]
Line of Credit Facility, interest rate											1.00%
Long-term Debt
Debt Instrument [Line Items]
Deferred financing costs									$ 22,700,000		$ 11,500,000	22,700,000
Amortization of deferred financing costs											$ 5,300,000	$ 4,500,000	$ 1,200,000
London Interbank Offered Rate (LIBOR) | Amended ABL senior secured revolving facility | Minimum
Debt Instrument [Line Items]
Line of Credit Facility, interest rate											1.125%
London Interbank Offered Rate (LIBOR) | Amended ABL senior secured revolving facility | Maximum
Debt Instrument [Line Items]
Line of Credit Facility, interest rate											1.375%
Term Loan Facility
Debt Instrument [Line Items]
Quarterly principal payments	$ 2,400,000
Costs related to debt issuances and amendments	$ 3,300,000				$ 1,100,000
Debt instrument maturity date	Jun. 24, 2028	Nov. 17, 2024
Term Loan Facility | Write Off Deferred Financing Costs
Debt Instrument [Line Items]
Loss on extinguishment of debt	$ (1,200,000)				$ 200,000
Term Loan Facility | Prime Rate
Debt Instrument [Line Items]
Line of Credit Facility, interest rate	1.00%	0.75%			0.75%	1.00%
Term Loan Facility | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Line of Credit Facility, interest rate	2.00%	1.75%			1.75%	2.00%
Term Loan Facility | London Interbank Offered Rate Floor
Debt Instrument [Line Items]
Line of Credit Facility, interest rate	0.00%				0.00%

Long-Term Debt - Schedule of Co

Long-Term Debt - Schedule of Components of Convertible Notes (Detail) - USD ($) $ in Thousands		Jan. 29, 2022	Jan. 30, 2021	Apr. 16, 2020
Debt Instrument [Line Items]
Principal	[1]	$ 1,528,930	$ 2,066,415
Unamortized debt discount		(5,931)
Unamortized deferred financing costs		(11,484)	(22,724)
Net carrying amount		1,528,929
Convertible Senior Notes
Debt Instrument [Line Items]
Unamortized deferred financing costs				$ (21,000)
Net carrying amount		572,322	648,311
Convertible Senior Notes | Debt Component
Debt Instrument [Line Items]
Principal		572,322	805,000
Unamortized debt discount			(156,689)
Unamortized deferred financing costs		(9,761)	(14,191)	(16,400)
Net carrying amount		$ 562,561	634,120
Convertible Senior Notes | Equity Component
Debt Instrument [Line Items]
Unamortized deferred financing costs				$ (4,600)
Net carrying amount			$ 131,916
[1]	Excludes finance lease obligations, original-issue discount and deferred financing costs.

Long-Term Debt - Schedule of In

Long-Term Debt - Schedule of Interest Expense Related to Convertible Notes (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jan. 29, 2022	Jan. 30, 2021	Feb. 01, 2020
Debt Instrument [Line Items]
Amortization of deferred financing costs	$ 5,323	$ 4,450	$ 1,247
Convertible Senior Notes
Debt Instrument [Line Items]
Coupon interest	16,313	14,375
Amortization of debt discount		23,988
Amortization of deferred financing costs	3,742	2,173
Convertible Notes interest expense	$ 20,055	$ 40,536

Amortization Expense Related to

Amortization Expense Related to Deferred Financing Fees (Detail) - Deferred Financing Costs $ in Thousands	Jan. 29, 2022USD ($)
Debt Instrument [Line Items]
2022	$ 3,784
2023	3,938
2024	3,935
2025	1,458
2026	763
Thereafter	367
Total	$ 14,245

Maturities of Long-Term Debt Ob

Maturities of Long-Term Debt Obligations (Detail) - USD ($) $ in Thousands	Jan. 29, 2022	Jan. 30, 2021
Debt Disclosure [Abstract]
2022	$ 9,614
2023	9,614
2024	9,614
2025	581,936
2026	9,614
Thereafter	908,537
Net carrying amount	1,528,929
Less: unamortized discount	(5,931)
Less: unamortized deferred financing costs	(11,484)	$ (22,724)
Finance lease liabilities	43,945	47,664
Total debt	$ 1,555,459	$ 1,931,669

Derivative Instruments And He_3

Derivative Instruments And Hedging Activities - Additional Information (Detail) $ in Millions	Jun. 24, 2021USD ($)	Dec. 17, 2018USD ($)	Jan. 29, 2022USD ($)	Apr. 24, 2015Derivative
Interest Rate Cap Contracts
Derivative [Line Items]
Interest rate cap contracts, number | Derivative				2
Amounts reported in Accumulated Other Comprehensive Loss to be reclassified to interest expense, during the next twelve months			$ 6.7
Derivatives Designated as Hedging Instruments | Cash Flow Hedging | Interest Rate Swap Contract
Derivative [Line Items]
Notional aggregate principal amount	$ 450	$ 450	$ 450
Interest swap rate	2.19%	2.72%	2.19%
Amount of loss deferred for previous interest rate swap		$ 26.9
Maturity date	Jun. 24, 2028	Dec. 29, 2023	Jun. 24, 2028
Interest rate swap liability fair value	$ 26.9

Outstanding Interest Rate Deriv

Outstanding Interest Rate Derivatives in Qualifying Hedging Relationships (Detail) - Cash Flow Hedging - Derivatives Designated as Hedging Instruments - Interest Rate Swap Contract $ in Millions	Jun. 24, 2021USD ($)	Dec. 17, 2018USD ($)	Jan. 29, 2022USD ($)Derivative
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Number of Instruments | Derivative			1
Notional Aggregate Principal Amount | $	$ 450	$ 450	$ 450
Interest Swap Rate	2.19%	2.72%	2.19%
Maturity Date	Jun. 24, 2028	Dec. 29, 2023	Jun. 24, 2028

Derivative Instruments and He_4

Derivative Instruments and Hedging Activities (Detail) - USD ($) $ in Thousands	Jan. 29, 2022	Jan. 30, 2021
Interest Rate Swap Contracts | Other Liabilities
Derivatives, Fair Value [Line Items]
Derivative Designated as Hedging Instruments Interest Rate Cap Contracts, Liability at Fair Value	$ 10,968	$ 31,665

Summary of Unrealized Losses De

Summary of Unrealized Losses Deferred to Accumulated Other Comprehensive Loss (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jan. 29, 2022	Jan. 30, 2021	Feb. 01, 2020
Derivative Instruments Gain Loss [Line Items]
Income tax (expense) benefit	$ (3,000)	$ (4,100)	$ (6,400)
Unrealized gains (losses), net of taxes	7,931	(11,458)	(16,606)
Derivatives Designated as Hedging Instruments | Interest Rate Derivatives
Derivative Instruments Gain Loss [Line Items]
Unrealized gains (losses), before taxes	10,914	(15,606)	(22,959)
Income tax (expense) benefit	(2,983)	4,148	6,353
Unrealized gains (losses), net of taxes	$ 7,931	$ (11,458)	$ (16,606)

Reclassification of Losses from

Reclassification of Losses from Accumulated Other Comprehensive Loss into Earnings (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jan. 29, 2022	Jan. 30, 2021	Feb. 01, 2020
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income On Derivatives [Line Items]
Interest expense	$ (67,502)	$ 97,767	$ (50,826)
Income tax expense (benefit)	136,459	(221,124)	115,409
Net reclassification into earnings	(10,643)	(7,403)	(1,259)
Reclassification out of accumulated other comprehensive income | Derivatives Designated as Hedging Instruments | Accumulated net gain (loss) from cash flow hedges including portion attributable to noncontrolling interest | Interest Rate Cap Contracts
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income On Derivatives [Line Items]
Interest expense	14,608	10,198	1,733
Income tax expense (benefit)	(3,965)	(2,795)	(474)
Net reclassification into earnings	$ 10,643	$ 7,403	$ 1,259

Changes in Accumulated Other Co

Changes in Accumulated Other Comprehensive Loss (Detail) - USD ($) $ in Thousands	Jan. 29, 2022	Jan. 30, 2021	Feb. 01, 2020
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance at beginning of period	$ 464,754	$ 528,149	$ 322,710
Balance at end of period	$ 760,417	$ 464,754	$ 528,149

Capital Stock - Additional Info

Capital Stock - Additional Information (Detail) - USD ($)	Feb. 16, 2022	Aug. 18, 2021	Jan. 29, 2022	Jan. 30, 2021	Feb. 01, 2020	Aug. 14, 2019
Statement Equity Components [Line Items]
Common Stock, Authorized			500,000,000	500,000,000
Common Stock, Par Value			$ 0.0001	$ 0.0001
Undesignated preferred stock, Authorized			50,000,000	50,000,000
Undesignated preferred stock, Par Value			$ 0.0001	$ 0.0001
Preferred Stock, Issued			0	0
Preferred Stock, Outstanding			0	0
Shares Used for Tax Withholdings			$ 16,612,000	$ 15,368,000	$ 23,200,000
2019 Stock Repurchase Program
Statement Equity Components [Line Items]
Stock repurchase program, authorized amount						$ 400,000,000
Share repurchase program expiration date			Aug. 31, 2021
2021 Stock Repurchase Program
Statement Equity Components [Line Items]
Stock repurchase program, authorized amount		$ 400,000,000
Stock repurchase program, authorized execution month and year		2023-08
Common stock repurchased, shares			856,855
Common stock repurchased, value			$ 250,000,000
Remaining authorized repurchase amount			$ 150,000,000
Subsequent Event | 2021 Stock Repurchase Program
Statement Equity Components [Line Items]
Stock repurchase program, authorized amount	$ 500,000,000
Stock repurchase program, authorized execution month and year	2024-02
Treasury Stock
Statement Equity Components [Line Items]
Shares Used for Tax Withholdings (in shares)			53,783
Shares Used for Tax Withholdings			$ 16,600,000

Computation of Basic and Dilute

Computation of Basic and Diluted per Common Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Jan. 29, 2022	Jan. 30, 2021	Feb. 01, 2020
Basic net income (loss) per share
Net income (loss)	$ 408,839	$ (216,499)	$ 465,116
Weighted average number of common shares - basic	66,588	65,962	65,943
Net income (loss) per common share - basic	$ 6.14	$ (3.28)	$ 7.05
Diluted net income (loss) per share
Net income (loss)	$ 408,839	$ (216,499)	$ 465,116
Weighted average number of common shares - basic	66,588	65,962	65,943
Assumed exercise of stock options and vesting of restricted stock	685		1,350
Assumed conversion of convertible debt	853
Weighted average number of common shares – diluted	68,126	65,962	67,293
Net income (loss) per common share - diluted	$ 6	$ (3.28)	$ 6.91

Net Income (Loss) Per Share - A

Net Income (Loss) Per Share - Additional Information (Detail) - shares	12 Months Ended
	Jan. 29, 2022	Jan. 30, 2021	Feb. 01, 2020
Stock Option, Restricted Stock and Restricted Stock Unit Awards
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Anti-dilutive shares excluded from diluted net income (loss) per share	177,000	1,960,000	405,000

Stock-Based Compensation - Addi

Stock-Based Compensation - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Jan. 29, 2022	Jan. 30, 2021
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Options outstanding	1,097,558	1,346,775
Stock Option
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Options outstanding	1,097,558
Unearned non-cash stock-based option compensation	$ 33.3
Unearned non-cash stock-based compensation expected to recognize as expense over period	2 years 6 months
Service-based awards, service period	The awards are expensed on a straight-line basis over the requisite service period.
Restricted Stock Issuances
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Unearned non-cash stock-based option compensation	$ 59.8
Unearned non-cash stock-based compensation expected to recognize as expense over period	2 years 4 months 24 days
Percentage of shares vested if change in control	100.00%
Awards granted subsequent to offering vesting percentage on each of the first four anniversaries of the grant date	100.00%	100.00%
Performance Share Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Unearned non-cash stock-based option compensation	$ 16.3
Unearned non-cash stock-based compensation expected to recognize as expense over period	1 year 8 months 12 days
Restricted stock, outstanding	186,436	148,668
Service-based awards, service period	3 years
Vesting period	3 years
Vesting percentage on employee termination or resignation	100.00%
Minimum | Restricted Stock Issuances
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Service-based awards, service period	2 years
Minimum | Performance Share Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Target award threshold range	50.00%
Maximum | Restricted Stock Issuances
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Service-based awards, service period	4 years
Maximum | Performance Share Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Target award threshold range	200.00%
2006 Plan
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Plan termination date	Apr. 12, 2016
2006 Plan | Minimum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Unexercised vested options, exercisable period	60 days
2006 Plan | Maximum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Unexercised vested options, exercisable period	180 days
2013 Plan
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of shares available for grant equity awards	1,906,220

Non-Cash Stock Compensation Exp

Non-Cash Stock Compensation Expense (Detail) - USD ($) $ in Thousands		12 Months Ended
		Jan. 29, 2022	Jan. 30, 2021	Feb. 01, 2020
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Non-Cash Stock Compensation	[1]	$ 58,546	$ 55,845	$ 43,928
Restricted Stock and Restricted Stock Unit Grants
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Non-Cash Stock Compensation	[2]	30,525	25,258	20,454
Stock Option Grants
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Non-Cash Stock Compensation	[2]	18,909	20,038	19,222
Performance Stock Unit Grants
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Non-Cash Stock Compensation	[2]	$ 9,112	$ 10,549	$ 4,252
[1]	The amounts presented in the table above exclude the effect of income taxes. The tax benefit related to the Company’s non-cash stock compensation was $ 10.3 million, $ 9.1 million and $ 9.0 million during Fiscal 2021, Fiscal 2020 and Fiscal 2019 , respectively.
[2]	Included in the line item “Selling, general and administrative expenses” in the Company’s Consolidated Statements of Income (Loss).

Non-Cash Stock Compensation E_2

Non-Cash Stock Compensation Expense (Parenthetical) (Detail) - USD ($) $ in Millions	12 Months Ended
	Jan. 29, 2022	Jan. 30, 2021	Feb. 01, 2020
Share-based Payment Arrangement [Abstract]
Non-Cash Stock Compensation tax benefit	$ 10.3	$ 9.1	$ 9

Exercise Price of Service-Based

Exercise Price of Service-Based Stock Options Granted (Detail) - $ / shares	12 Months Ended
	Jan. 29, 2022	Jan. 30, 2021	Feb. 01, 2020
Share-based Payment Arrangement [Abstract]
Options granted, exercise price lower range	$ 219.08	$ 179.46	$ 145.08
Options granted, exercise price upper range	$ 342.03	$ 246.97	$ 231.86

Stock Option Transactions (Deta

Stock Option Transactions (Detail)	12 Months Ended
	Jan. 29, 2022$ / sharesshares
Number of Shares
Options Outstanding at Beginning of Period | shares	1,346,775
Options Granted | shares	212,397
Options Exercised | shares	(418,173)	[1]
Options Forfeited | shares	(43,441)
Options Outstanding at End of Period | shares	1,097,558
Weighted Average Exercise Price Per Share
Options Outstanding at Beginning of Period | $ / shares	$ 133.86
Options Granted | $ / shares	315.21
Options Exercised | $ / shares	95.38	[1]
Options Forfeited | $ / shares	195.49
Options Outstanding at End of Period | $ / shares	$ 181.17
[1]	Options exercised during Fiscal 2021 had a total intrinsic value of $ 87.4 million.

Stock Option Transactions (Pare

Stock Option Transactions (Parenthetical) (Detail) $ in Millions	12 Months Ended
	Jan. 29, 2022USD ($)
Share-based Payment Arrangement [Abstract]
Share based compensation option exercised total intrinsic value	$ 87.4

Stock Options Vested and Expect

Stock Options Vested and Expected to Vest as Well as Options Exercisable (Detail) $ / shares in Units, $ in Millions	12 Months Ended
	Jan. 29, 2022USD ($)$ / sharesshares
Share-based Payment Arrangement [Abstract]
Vested and expected to vest, Options | shares	1,097,558
Vested and expected to vest, Weighted Average Remaining Contractual Life (Years)	6 years 8 months 12 days
Vested and expected to vest, Weighted Average Exercise Price | $ / shares	$ 181.17
Vested and expected to vest, Aggregate Intrinsic Value | $	$ 71.1
Options exercisable, Options | shares	504,737
Options exercisable, Weighted Average Remaining Contractual Life (Years)	5 years 1 month 6 days
Options exercisable, Weighted Average Exercise Price | $ / shares	$ 139.20
Options exercisable, Aggregate Intrinsic Value | $	$ 46

Weighted Average Assumptions Us

Weighted Average Assumptions Used to Estimate Fair Value of Stock Option (Detail)	12 Months Ended
	Jan. 29, 2022$ / shares
Share-based Payment Arrangement [Abstract]
Risk-free interest rate, minimum	0.45%
Risk-free interest rate, maximum	1.13%
Expected volatility, minimum	34.00%
Expected volatility, maximum	35.00%
Expected life (years), minimum	6 years
Expected life (years), maximum	6 years 3 months
Contractual life (years)	10 years
Expected dividend yield	0.00%
Weighted average grant date fair value of options issued	$ 109.91

Award Grant, Vested and Forfeit

Award Grant, Vested and Forfeiture Transactions (Detail) - Non Vested Restricted Stock	12 Months Ended
	Jan. 29, 2022$ / sharesshares
Number of Shares
Non-Vested Awards Outstanding at Beginning of Period | shares	396,555
Awards Granted | shares	147,677
Awards Vested | shares	(154,501)	[1]
Awards Forfeited | shares	(21,573)
Non-Vested Awards Outstanding at End of Period | shares	368,158
Weighted Average Grant Date Fair Value Per Award
Non-Vested Awards Outstanding at Beginning of Period | $ / shares	$ 168.87
Awards Granted | $ / shares	317.54
Awards Vested | $ / shares	152.73	[1]
Awards Forfeited | $ / shares	207.80
Non-Vested Awards Outstanding at End of Period | $ / shares	$ 233
[1]	Restricted stock awards vested during Fiscal 2021 had a total intrinsic value of $ 48.1 million.

Award Grant, Vested and Forfe_2

Award Grant, Vested and Forfeiture Transactions (Parenthetical) (Detail) $ in Millions	12 Months Ended
	Jan. 29, 2022USD ($)
Restricted Stock Issuances
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share based compensation awards vested total intrinsic value	$ 48.1

Performance Share Unit Transact

Performance Share Unit Transactions (Detail) - Performance Share Units	12 Months Ended
	Jan. 29, 2022$ / sharesshares
Number of Shares
Non-Vested Awards Outstanding at Beginning of Period | shares	148,668
Awards Granted | shares	55,361
Awards Forfeited | shares	(17,593)
Non-Vested Awards Outstanding at End of Period | shares	186,436
Weighted Average Grant Date Fair Value Per Award
Non-Vested Awards Outstanding at Beginning of Period | $ / shares	$ 176.70
Awards Granted | $ / shares	321.04
Awards Forfeited | $ / shares	215.49
Non-Vested Awards Outstanding at End of Period | $ / shares	$ 215.90

Lease Commitments - Additional

Lease Commitments - Additional Information (Detail) $ in Millions	12 Months Ended
	Jan. 29, 2022USD ($)StoreWarehouse
Future Minimum Payments Receivable [Line Items]
Operating and finance leases, expiration period	30 years
Leases renewal option	5 years
Accrued lease liability	$ 567.2
Number of store committed to open or relocate but has not yet taken possession | Store	82
Number of warehouse committed to open or relocate but has not yet taken possession | Warehouse	1
Other Current Liabilities | Coronavirus Aid, Relief, and Economic Security Act
Future Minimum Payments Receivable [Line Items]
Deferred lease payments	$ 1.5

Future Lease Payments (Detail)

Future Lease Payments (Detail) - USD ($) $ in Thousands	Jan. 29, 2022	Jan. 30, 2021
Operating Leases
2022	$ 494,529
2023	484,061
2024	448,842
2025	414,697
2026	377,819
Thereafter	1,306,520
Total future minimum lease payments	3,526,468
Amount representing interest	(628,255)
Total lease liabilities	2,898,213
Less: current portion of lease liabilities	(358,793)	$ (304,629)
Total long term lease liabilities	$ 2,539,420	2,400,782
Weighted average discount rate	5.00%
Weighted average remaining lease term (years)	8 years 2 months 12 days
Finance Leases
2022	$ 7,513
2023	7,589
2024	7,417
2025	5,287
2026	5,324
Thereafter	28,013
Total future minimum lease payments	61,143
Amount representing interest	(17,198)
Total lease liabilities	$ 43,945	$ 47,664
Finance Lease, Liability, Statement of Financial Position [Extensible Enumeration]	Long term debt and capital lease obligations current and noncurrent	Long term debt and capital lease obligations current and noncurrent
Less: current portion of lease liabilities	$ (4,743)
Finance Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]	Long-term Debt and Lease Obligation, Current
Total long term lease liabilities	$ 39,202
Finance Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Long-term Debt and Lease Obligation
Weighted average discount rate	6.70%
Weighted average remaining lease term (years)	11 years 1 month 6 days

Schedule of Net Lease Costs (De

Schedule of Net Lease Costs (Detail) - USD ($) $ in Thousands		12 Months Ended
		Jan. 29, 2022	Jan. 30, 2021	Feb. 01, 2020
Finance lease cost:
Amortization of finance lease asset	[1]	$ 4,554	$ 5,907	$ 4,027
Interest on lease liabilities	[2]	3,111	3,394	2,770
Operating lease cost	[3]	468,349	441,089	414,174
Variable lease cost	[3]	188,035	180,270	155,210
Total lease cost		664,049	630,660	576,181
Less all rental income	[4]	(5,771)	(5,010)	(5,029)
Total net rent expense	[5]	$ 658,278	$ 625,650	$ 571,152
[1]	Included in the line item “Depreciation and amortization” in the Company’s Consolidated Statements of Income (Loss).
[2]	Included in the line item “Interest expense” in the Company’s Consolidated Statements of Income (Loss).
[3]	Includes real estate taxes, common area maintenance, insurance and percentage rent. Included in the line item “Selling, general and administrative expenses” in the Company’s Consolidated Statements of Income (Loss).
[4]	Included in the line item “Other revenue” in the Company’s Consolidated Statements of Income (Loss).
[5]	Excludes an immaterial amount of short-term lease cost.

Schedule of Supplemental Cash F

Schedule of Supplemental Cash Flow Disclosures Related to Leases (Details) - USD ($) $ in Thousands		12 Months Ended
		Jan. 29, 2022	Jan. 30, 2021	Feb. 01, 2020
Cash paid for amounts included in the measurement of lease liabilities:
Cash payments arising from operating lease liabilities	[1]	$ 509,971	$ 409,750	$ 401,575
Cash payments for the principal portion of finance lease liabilities	[2]	4,073	3,269	2,932
Cash payments for the interest portion of finance lease liabilities	[1]	3,111	3,394	2,770
Operating lease liabilities arising from obtaining right-of-use assets		$ 516,545	$ 413,068	$ 690,827
[1]	Included within operating activities in the Company’s Consolidated Statements of Cash Flows.
[2]	Included within financing activities in the Company’s Consolidated Statements of Cash Flows.

Employee Retirement Plans - Add

Employee Retirement Plans - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Jan. 29, 2022	Jan. 30, 2021	Feb. 01, 2020
Retirement Benefits [Abstract]
401(k) Plan Match Expense	$ 11.4	$ 10.2	$ 10

Income (Loss) Before Income Tax

Income (Loss) Before Income Taxes (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jan. 29, 2022	Jan. 30, 2021	Feb. 01, 2020
Income Tax Disclosure [Abstract]
Domestic	$ 533,906	$ (441,473)	$ 573,399
Foreign	11,392	3,850	7,126
Income (loss) before income tax expense (benefit)	$ 545,298	$ (437,623)	$ 580,525

Income Tax Expense (Benefit) (D

Income Tax Expense (Benefit) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jan. 29, 2022	Jan. 30, 2021	Feb. 01, 2020
Current:
Federal	$ 69,146	$ (210,304)	$ 83,521
State	11,546	12,964	20,778
Foreign	3,815	1,175	2,040
Subtotal	84,507	(196,165)	106,339
Deferred:
Federal	32,217	13,600	8,375
State	19,272	(38,816)	1,012
Foreign	463	257	(317)
Subtotal	51,952	(24,959)	9,070
Total income tax expense (benefit)	$ 136,459	$ (221,124)	$ 115,409

Tax Rate Reconciliations (Detai

Tax Rate Reconciliations (Detail)	12 Months Ended
	Jan. 29, 2022	Jan. 30, 2021	Feb. 01, 2020
Income Tax Disclosure [Abstract]
Tax at statutory rate	21.00%	21.00%	21.00%
State income taxes, net of federal benefit	4.00%	3.00%	4.00%
Excess tax benefit from stock compensation	(4.80%)	7.20%	(5.30%)
Tax credits	(1.60%)	1.80%	(1.00%)
Carryback tax rate differential		19.80%
Non-deductible expenses	2.00%	(1.80%)	0.80%
Loss from extinguishment of convertible debt	4.40%
Other		(0.50%)	0.40%
Effective tax rate	25.00%	50.50%	19.90%

Tax Effects of Temporary Differ

Tax Effects of Temporary Differences Included in Deferred Tax Accounts (Detail) - USD ($) $ in Thousands	Jan. 29, 2022	Jan. 30, 2021	Feb. 01, 2020
Non-current deferred tax assets and liabilities:
Operating lease liability	$ 745,300		$ 705,968
Operating lease asset		$ 687,128	656,193
Intangibles—indefinite-lived		64,093	64,459
Financing	1,378
Financing		30,860
Employee benefit compensation	17,703
State net operating losses (net of federal benefit)	25,450	43,000	42,991
Tax credits	8,562		13,883
Other	2,725	10,386
Valuation allowance	$ (12,864)	(13,000)	(12,957)
Total non-current deferred tax assets and liabilities		788,254	781,286
Property and equipment basis adjustments		253,097	225,203
Total non-current deferred tax assets and liabilities		1,004,318	976,715
Net deferred tax liability		$ 216,064	195,429
Deferred Tax Assets Noncurrent
Non-current deferred tax assets and liabilities:
Employee benefit compensation			$ 21,015

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jan. 29, 2022	Jan. 30, 2021	Feb. 01, 2020
Income Tax Disclosure [Line Items]
Deferred tax asset for net operating loss	$ 25,450	$ 43,000	$ 42,991
Valuation allowances	12,864	13,000	$ 12,957
Unrecognized benefits	4,800	6,300
Unrecognized benefits, affect effective tax rate	3,800	5,000
Unrecognized benefits, interest and penalties	1,200	1,100
Unrecognized benefits, interest and penalties	$ 9,100	10,600
Earliest Tax Year | IRS
Income Tax Disclosure [Line Items]
Income tax year open to examination	2018
Latest Tax Year | IRS
Income Tax Disclosure [Line Items]
Income tax year open to examination	2021
State and local jurisdiction
Income Tax Disclosure [Line Items]
Deferred tax asset for net operating loss	$ 25,200	42,700
Tax credit expiration period	2023
Tax credit carryforwards	$ 7,700	7,900
Operating loss carryforwards, valuation allowance	5,300	5,300
Tax credit carryforward, valuation allowance	7,200	7,400
Puerto Rico
Income Tax Disclosure [Line Items]
Deferred tax asset for net operating loss	300	300
Tax credit carryforwards	8,600	13,900
Amount of alternative minimum tax credits	$ 900	1,200
Alternative minimum tax credits, expiration life	indefinite life
Operating loss carryforwards, valuation allowance	$ 300	300
Federal
Income Tax Disclosure [Line Items]
Tax credit carryforwards		$ 4,800
State and Puerto Rico | Earliest Tax Year
Income Tax Disclosure [Line Items]
Income tax year open to examination	2017
State and Puerto Rico | Latest Tax Year
Income Tax Disclosure [Line Items]
Income tax year open to examination	2021
Minimum | State and local jurisdiction
Income Tax Disclosure [Line Items]
Net operating losses subject to expiration year	2022
Minimum | Puerto Rico
Income Tax Disclosure [Line Items]
Net operating losses subject to expiration year	2025
Maximum | State and local jurisdiction
Income Tax Disclosure [Line Items]
Net operating losses subject to expiration year	2041

Reconciliation of Beginning and

Reconciliation of Beginning and Ending Amount of Gross Unrecognized Tax Benefits (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jan. 29, 2022	Jan. 30, 2021	Feb. 01, 2020
Income Tax Disclosure [Abstract]
Ending balance at beginning of period	$ 6,340	$ 8,077	$ 8,927
Reduction for tax positions of prior years	(783)	(1,269)	(783)
Settlements		(396)
Lapse of statute of limitations	(770)	(72)	(67)
Ending balance at beginning of period	$ 4,787	$ 6,340	$ 8,077

Fair Values of Financial Assets

Fair Values of Financial Assets and Hierarchy of Level of Inputs (Detail) - USD ($) $ in Thousands	Jan. 29, 2022	Jan. 30, 2021
Fair Value, Inputs, Level 1
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Cash equivalents (including restricted cash)	$ 701,638	$ 1,001,475

Fair Values of Financial Liabil

Fair Values of Financial Liabilities (Detail) - USD ($) $ in Thousands		Jan. 29, 2022	Jan. 30, 2021
Carrying Amounts And Fair Values Of Financial Instruments [Line Items]
Long-Term Debt, Principal Amount	[1]	$ 1,528,930	$ 2,066,415
Long-Term Debt, Fair Value	[1]	1,680,115	2,356,744
Term B-6 Loans
Carrying Amounts And Fair Values Of Financial Instruments [Line Items]
Long-Term Debt, Principal Amount		956,608
Long-Term Debt, Fair Value		955,412
Term B-5 Loans
Carrying Amounts And Fair Values Of Financial Instruments [Line Items]
Long-Term Debt, Principal Amount			961,415
Long-Term Debt, Fair Value			955,406
Convertible Notes
Carrying Amounts And Fair Values Of Financial Instruments [Line Items]
Long-Term Debt, Principal Amount		572,322	805,000
Long-Term Debt, Fair Value		$ 724,703	1,080,713
Secured Notes
Carrying Amounts And Fair Values Of Financial Instruments [Line Items]
Long-Term Debt, Principal Amount			300,000
Long-Term Debt, Fair Value			$ 320,625
[1]	Excludes finance lease obligations, original-issue discount and deferred financing costs.

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail) - USD ($) $ in Millions	Jan. 29, 2022	Jan. 30, 2021	Nov. 30, 2005
Commitments And Contingencies Disclosure [Line Items]
Letters of credit, outstanding amount	$ 55.4	$ 54.9
Purchase commitments related to goods or services	1,396.4
Death benefits			$ 1
Guarantee Performance Under Insurance And Utility Agreement
Commitments And Contingencies Disclosure [Line Items]
Letters of credit, outstanding amount	48.4	46.8
Merchandising Agreement
Commitments And Contingencies Disclosure [Line Items]
Letters of credit, outstanding amount	7.1	8.2
Letter of Credit
Commitments And Contingencies Disclosure [Line Items]
Letters of credit, outstanding amount	$ 594.6	$ 476.8

Quarterly Result (Detail)

Quarterly Result (Detail) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Jan. 29, 2022	Jan. 30, 2021	Feb. 01, 2020
Quarterly Financial Information Disclosure [Abstract]
Net sales	$ 9,306,549	$ 5,751,541	$ 7,261,243
Type of Revenue [Extensible List]	us-gaap:ProductMember	us-gaap:ProductMember	us-gaap:ProductMember
Net (loss) income	$ 408,839	$ (216,499)	$ 465,116
Net (loss) income per share-basic
Common stockholders	$ 6.14	$ (3.28)	$ 7.05
Net (loss) income per share-diluted
Common stockholders	$ 6	$ (3.28)	$ 6.91

Condensed Balance Sheets (Detai

Condensed Balance Sheets (Detail) - USD ($) $ in Thousands	Jan. 29, 2022	Jan. 30, 2021	Feb. 01, 2020	Feb. 02, 2019
ASSETS:
Cash and cash equivalents	$ 1,091,091	$ 1,380,276
Total current assets	2,547,644	2,510,616
Total assets	7,089,513	6,781,092
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities	1,947,647	1,683,996
Long term debt	1,541,102	1,927,770
Commitments and contingencies
Total stockholders' equity	760,417	464,754	$ 528,149	$ 322,710
Total liabilities and stockholders’ equity	7,089,513	6,781,092
Parent Company
ASSETS:
Cash and cash equivalents	503	51
Total current assets	503	51
Investment in subsidiaries	1,322,475	1,098,823
Total assets	1,322,978	1,098,874
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities	0	0
Long term debt	562,561	634,120
Commitments and contingencies
Total stockholders' equity	760,417	464,754
Total liabilities and stockholders’ equity	$ 1,322,978	$ 1,098,874

Condensed Statements of Income

Condensed Statements of Income (Loss) and Comprehensive Income (Loss) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jan. 29, 2022	Jan. 30, 2021		Feb. 01, 2020
REVENUES:
Total revenue	$ 9,322,256	$ 5,763,980		$ 7,286,398
COSTS AND EXPENSES:
Total costs and expenses	8,776,958	6,201,603		6,705,873
Provision for income tax	136,459	(221,124)		115,409
Net income (loss)	408,839	(216,499)		465,116
Interest rate derivative contracts:
Net unrealized gains (losses) arising during the period	7,931	(11,458)		(16,606)
Net reclassification into earnings during the period	10,643	7,403		1,259
Total comprehensive income (loss)	427,413	(220,554)		449,769
Parent Company
REVENUES:
Total revenue	0	0		0
COSTS AND EXPENSES:
Income from equity investment	0	0		0
Total costs and expenses	0	0		0
Total income (loss) before income taxes	0	0		0
Provision for income tax	0	0		0
Earnings from equity investment, net of income taxes	408,839	(216,499)		465,116
Net income (loss)	408,839	(216,499)		465,116
Interest rate derivative contracts:
Net unrealized gains (losses) arising during the period	7,931	(11,458)		(16,606)
Net reclassification into earnings during the period	(10,643)	(7,403)		(1,259)
Total comprehensive income (loss)	$ 427,413	$ (220,554)	[1]	$ 449,769	[1]
[1]	During the current year financial reporting process, management determined that the previously reported Total comprehensive income (loss) of the Parent Company did not include the components of Other comprehensive income (loss) of the Parent Company. As a result, the accompanying Condensed Statements of Income and Comprehensive Income (Loss) for the years ended January 30, 2021 and February 1, 2020 have been revised to correct the presentation of Total comprehensive income (loss) to include the components of Other comprehensive income (loss) of the Parent Company. The correction of this presentation had no impact on previously reported Net income (loss) of the Parent Company and resulted in an increase in previously reported Total comprehensive loss from $ 216.5 million to $ 220.6 million for the year ended January 30, 2021 and a decrease in previously reported Total comprehensive income from $ 465.1 million to $ 449.8 million for the year ended February 1, 2020.

Condensed Statements of Incom_2

Condensed Statements of Income (Loss) and Comprehensive Income (Loss) (Parenthetical) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jan. 29, 2022	Jan. 30, 2021		Feb. 01, 2020
Condensed Income Statements, Captions [Line Items]
Total comprehensive income (loss)	$ 427,413	$ (220,554)		$ 449,769
Parent Company [Member]
Condensed Income Statements, Captions [Line Items]
Total comprehensive income (loss)	$ 427,413	(220,554)	[1]	449,769	[1]
Parent Company [Member] | Previously Reported [Member]
Condensed Income Statements, Captions [Line Items]
Total comprehensive income (loss)		$ 216,500		$ 465,100
[1]	During the current year financial reporting process, management determined that the previously reported Total comprehensive income (loss) of the Parent Company did not include the components of Other comprehensive income (loss) of the Parent Company. As a result, the accompanying Condensed Statements of Income and Comprehensive Income (Loss) for the years ended January 30, 2021 and February 1, 2020 have been revised to correct the presentation of Total comprehensive income (loss) to include the components of Other comprehensive income (loss) of the Parent Company. The correction of this presentation had no impact on previously reported Net income (loss) of the Parent Company and resulted in an increase in previously reported Total comprehensive loss from $ 216.5 million to $ 220.6 million for the year ended January 30, 2021 and a decrease in previously reported Total comprehensive income from $ 465.1 million to $ 449.8 million for the year ended February 1, 2020.

Condensed Statements of Cash Fl

Condensed Statements of Cash Flows (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jan. 29, 2022	Jan. 30, 2021		Feb. 01, 2020
OPERATING ACTIVITIES:
Net cash provided by operations	$ 833,159	$ 219,181		$ 891,725
INVESTING ACTIVITIES:
Net cash provided by (used in) investing activities	(344,389)	(274,132)		(324,598)
FINANCING ACTIVITIES:
Proceeds from long term debt—Convertible Note		805,000
Purchase of treasury shares	(266,628)	(65,526)		(323,080)
Proceeds from stock option exercises	39,887	34,924		34,222
Deferred financing costs	(2,143)	(28,815)
Net cash (used in) provided by financing activities	(777,955)	1,032,153		(291,627)
(Decrease) increase in cash, cash equivalents, restricted cash and restricted cash equivalents	(289,185)	977,202		275,500
Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of period	1,386,858	409,656		134,156
Cash, cash equivalents, restricted cash and restricted cash equivalents at end of period	1,097,673	1,386,858		409,656
Parent Company
OPERATING ACTIVITIES:
Net cash provided by operations	0	0		0
INVESTING ACTIVITIES:
Net contribution from (payment to) subsidiaries	428,888	(753,404)	[1]	288,871	[1]
Net cash provided by (used in) investing activities	428,888	(753,404)		288,871
FINANCING ACTIVITIES:
Proceeds from long term debt—Convertible Note		805,000
Principal payment on long term debt-Convertible Notes	(201,695)
Purchase of treasury shares	(266,628)	(65,526)		(323,080)
Proceeds from stock option exercises	39,887	34,924		34,222
Deferred financing costs		(20,994)
Net cash (used in) provided by financing activities	(428,436)	753,404	[1]	(288,858)	[1]
(Decrease) increase in cash, cash equivalents, restricted cash and restricted cash equivalents	452			13
Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of period	51	51		38
Cash, cash equivalents, restricted cash and restricted cash equivalents at end of period	$ 503	$ 51		$ 51
[1]	During the current year financial reporting process, management determined that the Parent Company’s net investment activities in its subsidiary were incorrectly classified as Financing activities rather than Investing activities in the Company’s previously reported Condensed Statements of Cash Flows for the years ended January 30, 2021 and February 1, 2020. As a result, the accompanying Condensed Statements of Cash Flows have been revised to reclassify Intercompany financing transactions previously classified within Financing activities as a net payment to subsidiary of $ 753.4 million and a net contribution from subsidiary of $ 288.9 million to Net contribution from (payment to) subsidiaries within Investing activities for the years ended January 30, 2021 and February 1, 2020, respectively.

Condensed Statements of Cash _2

Condensed Statements of Cash Flows (Parenthetical) (Detail) - Previously Reported [Member] - USD ($) $ in Millions	12 Months Ended
	Jan. 30, 2021	Feb. 01, 2020
Condensed Cash Flow Statements, Captions [Line Items]
Payments to Subsidiaries	$ 753.4	$ 753.4
Proceeds from subsidiaries	$ 288.9	$ 288.9

Condensed Financial Information

Condensed Financial Information Registrant - Additional Information (Detail) - USD ($)		Feb. 16, 2022	Aug. 18, 2021	Apr. 16, 2020	Aug. 13, 2014	Jan. 29, 2022	Oct. 30, 2021	Jan. 30, 2021	Jan. 29, 2022	Jan. 30, 2021		Feb. 01, 2020		Mar. 15, 2022	Apr. 30, 2020	Aug. 14, 2019
Condensed Financial Statements Captions [Line Items]
Total comprehensive income (loss)									$ 427,413,000	$ (220,554,000)		$ 449,769,000
Non-cash stock compensation expense	[1]								$ 58,546,000	55,845,000		43,928,000
Debt conversion, converted in to shares of common stock									151,206
Loss from extinguishment of convertible debt									$ (156,020,000)	(202,000)
Deferred financing costs						$ 11,484,000		$ 22,724,000	11,484,000	22,724,000
Intercompany note receivable	[2]					1,528,930,000		2,066,415,000	1,528,930,000	2,066,415,000
Shares Used for Tax Withholdings									$ 16,612,000	15,368,000		23,200,000
2019 Stock Repurchase Program
Condensed Financial Statements Captions [Line Items]
Stock repurchase program, authorized amount																$ 400,000,000
Share repurchase program expiration date									Aug. 31, 2021
2021 Stock Repurchase Program
Condensed Financial Statements Captions [Line Items]
Stock repurchase program, authorized amount			$ 400,000,000
Stock repurchase program, authorized execution month and year			2023-08
Common stock repurchased, shares									856,855
Common stock repurchased, value						250,000,000			$ 250,000,000
Remaining authorized repurchase amount						150,000,000			$ 150,000,000
Treasury Stock
Condensed Financial Statements Captions [Line Items]
Shares Used for Tax Withholdings (in shares)									53,783
Shares Used for Tax Withholdings									$ 16,600,000
Subsequent Event | 2021 Stock Repurchase Program
Condensed Financial Statements Captions [Line Items]
Stock repurchase program, authorized amount		$ 500,000,000
Stock repurchase program, authorized execution month and year		2024-02
Convertible Senior Notes
Condensed Financial Statements Captions [Line Items]
Long-Term Debt, face amount				$ 805,000,000		$ 805,000,000		$ 805,000,000	$ 805,000,000	$ 805,000,000					$ 805,000,000
Long-Term Debt, interest rate				2.25%		2.25%		2.25%	2.25%	2.25%					2.25%
Debt instrument maturity date				Apr. 15, 2025					Apr. 15, 2025	Apr. 15, 2025
Debt instrument frequency of periodic payments				semi-annually
Debt instrument, date of first required payment				Oct. 15, 2020
Debt conversion, aggregate principal amount of convertible debt							$ 160,400,000	$ 72,300,000		$ 72,300,000
Debt Conversion, Converted Instrument, in Cash							$ 90,800,000	109,000,000
Debt conversion, converted in to shares of common stock							513,991
Loss from extinguishment of convertible debt									$ 124,600,000
Deferred financing costs				$ 21,000,000
Borrowing, interest rate				8.20%
Interest expense									20,055,000	40,536,000
Convertible Senior Notes | Subsequent Event
Condensed Financial Statements Captions [Line Items]
Debt conversion, aggregate principal amount of convertible debt														$ 55,600,000
Convertible Senior Notes | ASU 2020-06
Condensed Financial Statements Captions [Line Items]
Borrowing, interest rate				2.80%
Convertible Senior Notes | Debt Component
Condensed Financial Statements Captions [Line Items]
Deferred financing costs				$ 16,400,000		$ 9,761,000		14,191,000	9,761,000	14,191,000
Intercompany note receivable						572,322,000		805,000,000	572,322,000	805,000,000
Convertible Senior Notes | Equity Component
Condensed Financial Statements Captions [Line Items]
Deferred financing costs				4,600,000
Parent Company
Condensed Financial Statements Captions [Line Items]
Line of Credit Facility, maximum consolidated leverage ratio					350.00%
Net contribution from (payment to) subsidiaries									428,888,000	(753,404,000)	[3]	288,871,000	[3]
Total comprehensive income (loss)									427,413,000	(220,554,000)	[4]	449,769,000	[4]
Non-cash stock compensation expense									58,500,000	55,800,000		$ 43,900,000
Long-Term Debt, face amount				$ 805,000,000
Parent Company | Convertible Senior Notes
Condensed Financial Statements Captions [Line Items]
Long-Term Debt, interest rate				2.25%
Debt instrument frequency of periodic payments				April 15, 2025
Debt instrument, date of first required payment				Oct. 15, 2020
Debt conversion, aggregate principal amount of convertible debt						72,300,000	$ 160,400,000		72,300,000
Debt Conversion, Converted Instrument, in Cash						109,000,000	$ 90,800,000
Debt conversion, converted in to shares of common stock							513,991
Loss from extinguishment of convertible debt									124,600,000
Deferred financing costs				$ 21,000,000		9,761,000		14,191,000	9,761,000	14,191,000
Borrowing, interest rate				8.20%
Intercompany note receivable						$ 572,322,000		$ 805,000,000	572,322,000	805,000,000
Interest expense									$ 20,100,000	$ 40,500,000
Parent Company | Convertible Senior Notes | ASU 2020-06
Condensed Financial Statements Captions [Line Items]
Borrowing, interest rate				2.80%
Parent Company | Convertible Senior Notes | Debt Component
Condensed Financial Statements Captions [Line Items]
Deferred financing costs				$ 16,400,000
Parent Company | Convertible Senior Notes | Equity Component
Condensed Financial Statements Captions [Line Items]
Deferred financing costs				$ 4,600,000
[1]	The amounts presented in the table above exclude the effect of income taxes. The tax benefit related to the Company’s non-cash stock compensation was $ 10.3 million, $ 9.1 million and $ 9.0 million during Fiscal 2021, Fiscal 2020 and Fiscal 2019 , respectively.
[2]	Excludes finance lease obligations, original-issue discount and deferred financing costs.
[3]	During the current year financial reporting process, management determined that the Parent Company’s net investment activities in its subsidiary were incorrectly classified as Financing activities rather than Investing activities in the Company’s previously reported Condensed Statements of Cash Flows for the years ended January 30, 2021 and February 1, 2020. As a result, the accompanying Condensed Statements of Cash Flows have been revised to reclassify Intercompany financing transactions previously classified within Financing activities as a net payment to subsidiary of $ 753.4 million and a net contribution from subsidiary of $ 288.9 million to Net contribution from (payment to) subsidiaries within Investing activities for the years ended January 30, 2021 and February 1, 2020, respectively.
[4]	During the current year financial reporting process, management determined that the previously reported Total comprehensive income (loss) of the Parent Company did not include the components of Other comprehensive income (loss) of the Parent Company. As a result, the accompanying Condensed Statements of Income and Comprehensive Income (Loss) for the years ended January 30, 2021 and February 1, 2020 have been revised to correct the presentation of Total comprehensive income (loss) to include the components of Other comprehensive income (loss) of the Parent Company. The correction of this presentation had no impact on previously reported Net income (loss) of the Parent Company and resulted in an increase in previously reported Total comprehensive loss from $ 216.5 million to $ 220.6 million for the year ended January 30, 2021 and a decrease in previously reported Total comprehensive income from $ 465.1 million to $ 449.8 million for the year ended February 1, 2020.

Condensed Financial Informati_2

Condensed Financial Information Registrant - Schedule of Components of Convertible Notes (Detail) - USD ($) $ in Thousands		Jan. 29, 2022	Jan. 30, 2021	Apr. 16, 2020
Condensed Financial Statements Captions [Line Items]
Long-Term Debt, Principal Amount	[1]	$ 1,528,930	$ 2,066,415
Unamortized debt discount		(5,931)
Unamortized deferred financing costs		(11,484)	(22,724)
Net carrying amount		1,528,929
Convertible Senior Notes
Condensed Financial Statements Captions [Line Items]
Unamortized deferred financing costs				$ (21,000)
Net carrying amount		572,322	648,311
Convertible Senior Notes | Equity Component
Condensed Financial Statements Captions [Line Items]
Unamortized deferred financing costs				(4,600)
Net carrying amount			131,916
Parent Company | Convertible Senior Notes
Condensed Financial Statements Captions [Line Items]
Long-Term Debt, Principal Amount		572,322	805,000
Unamortized debt discount			(156,689)
Unamortized deferred financing costs		(9,761)	(14,191)	(21,000)
Net carrying amount		$ 562,561	634,120
Parent Company | Convertible Senior Notes | Equity Component
Condensed Financial Statements Captions [Line Items]
Unamortized deferred financing costs				$ (4,600)
Net carrying amount			$ 131,916
[1]	Excludes finance lease obligations, original-issue discount and deferred financing costs.

Valuation and Qualifying Accoun

Valuation and Qualifying Accounts and Reserves (Detail) - USD ($) $ in Thousands		12 Months Ended
		Jan. 29, 2022	Jan. 30, 2021	Feb. 01, 2020
Allowance for Doubtful Accounts
Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at Beginning of Period		$ 4,855	$ 795	$ 78
Charged to Costs & Expenses		185	4,069	992
Accounts Written Off or Deductions	[1]	1,735	9	275
Balance at End of Period		3,305	4,855	795
Valuation allowances on deferred tax assets
Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at Beginning of Period		12,957	9,842	10,268
Charged to Other Accounts	[2]	(93)	3,115	(426)
Balance at End of Period		$ 12,864	$ 12,957	$ 9,842
[1]	Actual allowances.
[2]	Amounts related to valuation allowances on deferred taxes are charged to income tax expense.