The Cato Corporation (CATO) 10-Q 25 Aug 17 2017 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information	6 Months Ended
	Jul. 29, 2017USD ($)shares
Document and Entity Information [Abstract]
Entity Registrant Name	Cato Corp
Entity Central Index Key	18,255
Document Type	10-Q
Document Period End Date	Jul. 29, 2017
Amendment Flag	false
Current Fiscal Year End Date	--07-29
Entity Well Known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Class of Stock [Line Items]
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q2
Entity Public Float | $	$ 796,035,939
Common Class A [Member]
Class of Stock [Line Items]
Entity Common Stock, Shares Outstanding (actual number)	23,683,331
Common Class B [Member]
Class of Stock [Line Items]
Entity Common Stock, Shares Outstanding (actual number)	1,755,601

Condensed Consolidated Income S

Condensed Consolidated Income Statements Of Income and Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 29, 2017	Jul. 30, 2016	Jul. 29, 2017	Jul. 30, 2016
Revenues
Retail sales	$ 205,026	$ 236,654	$ 442,681	$ 522,151
Other Revenue (principally finance charges, late fees and layaway charges)	1,935	2,233	4,021	4,709
Total revenues	206,961	238,887	446,702	526,860
COSTS AND EXPENSES, NET
Cost of goods sold (exclusive of depreciation shown below)	141,258	149,059	287,041	313,032
Selling, general and administrative (exclusive of depreciation shown below)	64,280	67,555	128,062	138,626
Depreciation	4,882	5,672	9,942	11,348
Interest and other income	1,329	1,377	2,272	4,305
Cost and expenses, net	209,091	220,909	422,773	458,701
Income before income taxes	(2,130)	17,978	23,929	68,159
Income tax expense	(1,249)	2,091	2,578	16,398
Net income	$ (881)	$ 15,887	$ 21,351	$ 51,761
Basic earnings per share	$ (0.03)	$ 0.57	$ 0.82	$ 1.86
Diluted earnings per share	(0.03)	0.57	0.82	1.86
Dividends per share	$ 0.33	$ 0.33	$ 0.66	$ 0.63
Comprehensive income
Net income	$ (881)	$ 15,887	$ 21,351	$ 51,761
Unrealized gain on available-for-sale securities, net of deferred income taxes	192	459	625	612
Comprehensive Income	$ (689)	$ 16,346	$ 21,976	$ 52,373

Condensed Consolidated Income 3

Condensed Consolidated Income Statements Of Income and Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 29, 2017	Jul. 30, 2016	Jul. 29, 2017	Jul. 30, 2016
OtherComprehensiveIncomeLossTaxParentheticalDisclosuresAbstract
Tax Effect of Unrealized Gains (Losses) On Available-For-Sale Securities	$ 114	$ 276	$ 373	$ 370

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jul. 29, 2017	Jan. 28, 2017
Current Assets:
Cash and cash equivalents	$ 77,746	$ 47,234
Short-term investments	159,887	201,233
Restricted cash and investments	3,703	3,691
Accounts receivable, net of allowance for doubtful accounts	29,555	30,336
Merchandise inventories	106,197	145,682
Deferred income taxes	0	0
Prepaid expenses	14,451	15,632
Total Current Assets	391,539	443,808
Property and equipment - net	122,457	126,386
DeferredTaxAssetsNetNoncurrent	12,386	13,773
Other assets	22,657	22,357
Total Assets	549,039	606,324
Current Liabilities:
Accounts payable	74,544	105,249
Accrued expenses	57,569	61,313
Accrued benefits	3,130	3,068
Accrued income taxes	2,282	2,282
Total Current Liabilities	137,525	171,912
Deferred tax liabilities noncurrent	0	0
Other noncurrent liabilities (primarily deferred rent)	48,910	50,509
Stockholders' Equity:
Preferred stock, $100 par value per share, 100,000 shares authorized, none issued	0	0
Class of Stock [Line Items]
Common stock	854	895
Additional paid-in capital	97,306	95,207
Retained earnings	264,033	288,015
Accumulated other comprehensive income	411	(214)
Total Stockholders' Equity	362,604	383,903
Liabilities And Stockholders Equity	549,039	606,324
Common Class A [Member]
Class of Stock [Line Items]
Common stock	796	837
Common Class B [Member]
Class of Stock [Line Items]
Common stock	$ 58	$ 58

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - USD ($) $ in Thousands	Jul. 29, 2017	Jan. 28, 2017
Class of Stock [Line Items]
Allowance For Doubtful Accounts Receivable Current	$ 1,141	$ 1,348
Preferred Stock Par Or Stated Value Per Share	$ 100	$ 100
Preferred Stock Shares Authorized	100,000	100,000
Preferred Stock Shares Issued	0	0
Common Class B [Member]
Class of Stock [Line Items]
Common Stock Shares Authorized	15,000,000	15,000,000
Common Stock Shares Issued	1,755,601	1,751,576
Common Stock Par Or Stated Value Per Share	$ 0.033	$ 0.033
Common Class A [Member]
Class of Stock [Line Items]
Common Stock Shares Authorized	50,000,000	50,000,000
Common Stock Shares Issued	23,683,331	24,853,129
Common Stock Par Or Stated Value Per Share	$ 0.033	$ 0.033

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jul. 29, 2017	Jul. 30, 2016
OPERATING ACTIVITIES
Net income	$ 21,351	$ 51,761
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	9,942	11,348
Provision For Doubtful Accounts	258	442
Purchase premium and premium amortization	1,854	(1,255)
Share Based Compensation	1,778	1,856
Excess tax benefits from share-based compensation	0	(125)
Deferred income taxes	1,015	0
Loss on disposal of property and equipment	592	974
Changes in operating assets and liabilities which provided (used) cash:
Accounts receivable	523	2,032
Merchandise inventories	39,485	7,086
Prepaid and other assets	892	(1,279)
Accrued income taxes	0	(132)
Accounts payable, accrued expenses and other liabilities	(34,287)	(17,701)
Net cash provided by operating activities	43,403	55,007
INVESTING ACTIVITIES
Capital expenditures	(6,425)	(9,952)
Purchase of short-term investments	(15,770)	(84,806)
Sales of short-term investments	56,461	40,502
Payments to Acquire Projects	(661)	(167)
Proceeds from Sale of Investment Projects	0	0
Change in restricted cash and investments	(13)	(6)
Net cash used in investing activities	33,592	(54,429)
FINANCING ACTIVITIES
Dividends paid	(17,204)	(17,489)
Repurchase of common stock	(29,618)	(7,696)
Proceeds from employee stock purchase plan	244	244
Excess tax benefits from share-based compensation financing activities	0	125
Proceeds From Stock Options Exercised	95	230
Net cash provided used in financing activities	(46,483)	(24,586)
Net increase in cash and cash equivalents	30,512	(24,008)
Cash and cash equivalents at beginning of period	47,234	67,057
Effect of Exchange Rate on Cash	0	0
Cash and cash equivalents at end of period	77,746	43,049
Change in Accrued PPE	$ 830	$ 763

General - Notes to Financial St

General - Notes to Financial Statements	6 Months Ended
	Jul. 29, 2017
General Dsiclosure [Abstract]
Summary of Significant Account Policies	NOTE 1 - GENERAL : The condensed consolidated financial statements have been prepared from the accounting records of The Cato Corporation and its wholly-owned subsidiaries (the “Company”), and all amounts shown as of and for the periods ended July 29, 2017 and July 30, 2016 are unaudited. In the opinion of management, all adjustments considered necessary for a fair statement have been included. All such adjustments are of a normal, recurring nature unless otherwise noted. The results of the interim perio d may not be indicative of the results expected for the entire year. The interim financial statements should be read in conjunction with the consolidated financial statements and notes thereto, included in the Company’s Annual Report on Form 10-K for the fiscal year ended January 28, 2017 . Amounts as of January 28, 2017 have been derived from the audited balance sheet, but do not include all disclosures required by accounting principles generally accepted in the United States of America. During the first q uarter of 2017, the Company changed its estimates for unrecognized benefits of uncertain tax positions. As a result of this change in estimate, Income tax expense decreased by $1.5 million, Other noncurrent liabilities decreased by $2.5 million, and Noncur rent deferred income taxes decreased by $1.0 million. In August 2017 , the Company repurchased 247,100 shares of its Class A common stock for $3,561,926 . On August 24, 2017 , t he Board of Directors maintai ned the quarterly dividend at $0.33 per share.

Earnings Per Share - Notes to F

Earnings Per Share - Notes to Financial Statements	3 Months Ended
	Jul. 29, 2017
Earnings Per Share Disclosure [Abstract]
Earnings Per Share	NOTE 2 - EARNINGS PER SHARE: Accounting Standard Codification (“ ASC ”) 260 – Earnings Per Share requires dual presentation of basic and diluted Earnings Per Share (“ EPS ”) on the face of all income statements for all entities with complex capital structures. The Company has presented one basic EPS and one diluted EPS amount for all common shares in the accompanying Condensed Consolidated Statements of Income and Comprehens ive Income . While the Company’s certificate of incorporation provides the right for the Board of Directors to declare dividends on Class A shares without declaration of commensurate dividends on Class B shares, the Company has historically paid the same d ividends to both Class A and Class B shareholders and the Board of Directors has resolved to continue this practice. Accordingly, the Company’s allocation of income for purposes of the EPS computation is the same for Class A and Class B shares and the EPS amounts reported herein are applicable to both Class A and Class B shares. Basic EPS is computed as net income less earnings allocated to non-vested equity awards divided by the weighted average number of common shares outstanding for the period. Dilute d EPS reflects the potential dilution that could occur from common shares issuable through stock options and the Employee Stock Purchase Plan. Three Months Ended Six Months Ended July 29, 2017 July 30, 2016 July 29, 2017 July 30, 2016 (Dollars in thousands) Numerator Net earnings/(loss) $ (881) $ 15,887 $ 21,351 $ 51,761 Earnings(loss) allocated to non-vested equity awards 28 (312) (466) (1,048) Net earnings/(loss) available to common stockholders $ (853) $ 15,575 $ 20,885 $ 50,713 Denominator Basic weighted average common shares outstanding 25,177,180 27,203,160 25,456,579 27,191,066 Dilutive effect of stock options - 2,051 - 1,974 Diluted weighted average common shares outstanding 25,177,180 27,205,211 25,456,579 27,193,040 Net income/(loss) per common share Basic earnings/(loss) per share $ (0.03) $ 0.57 $ 0.82 $ 1.86 Diluted earnings/(loss) per share $ (0.03) $ 0.57 $ 0.82 $ 1.86

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income	3 Months Ended		6 Months Ended
	Jul. 29, 2017	Jul. 30, 2016	Jul. 29, 2017	Jul. 30, 2016
AccumulatedOtherComprehensiveIncomeLossDisclosure[Abstract]
Accumulated Other Comprehensive Income (Loss)	NOTE 3 – ACCUMULATED OTHER COMPREHENSIVE INCOME : The following table set s forth information regarding the reclassification out of A ccumulated other comprehensive income (in thousands) for the three months end ed July 29, 2017 : Changes in Accumulated Other Comprehensive Income (a) Unrealized Gains and (Losses) on Available-for-Sale Securities Beginning Balance at April 29, 2017 $ 219 Other comprehensive income before reclassification 186 Amounts reclassified from accumulated other comprehensive income (b) 6 Net current-period other comprehensive income 192 Ending Balance at July 29, 2017 $ 411 (a) All amounts are net-of-tax. Amounts in parentheses indicate a debit/reduction to other comprehensive income. (b) Includes $10 impact of accumulated other comprehensive income reclassifications into Interest and other income for net gains on available-for-sale securities. The tax impact of this reclassification was $4.	NOTE 3 – ACCUMULATED OTHER COMPREHENSIVE INCOME (CONTINUED) : The following table set s forth information regarding the reclassification out of A ccumulated other comprehensive income (in thousands) for the three months end ed July 30, 2016 : Changes in Accumulated Other Comprehensive Income (a) Unrealized Gains and (Losses) on Available-for-Sale Securities Beginning Balance at April 30, 2016 $ 953 Other comprehensive income before reclassifications 510 Amounts reclassified from accumulated other comprehensive income (b) (51) Net current-period other comprehensive income 459 Ending Balance at July 30, 2016 $ 1,412 (a) All amounts are net-of-tax. Amounts in parentheses indicate a debit/reduction to other comprehensive income. (b) Includes ($81) impact of Accumulated other comprehensive income reclassifications into Interest and other income for net gains on available-for-sale securities. The tax impact of this reclassification was ($30).	The following table set s forth information regarding the reclassification out of A ccumulated other comprehensive income /( loss) (in thousands) for the six months end ed July 29, 2017 : Changes in Accumulated Other Comprehensive Income (a) Unrealized Gains and (Losses) on Available-for-Sale Securities Beginning Balance at January 28, 2017 $ (214) Other comprehensive income before reclassification 622 Amounts reclassified from accumulated other comprehensive income (b) 3 Net current-period other comprehensive income 625 Ending Balance at July 29, 2017 $ 411 (a) All amounts are net-of-tax. Amounts in parentheses indicate a debit/reduction to other comprehensive income. (b) Includes $5 impact of accumulated other comprehensive income reclassifications into Interest and other income for net gains on available-for-sale securities. The tax impact of this reclassification was $2.	The following table set s forth information regarding the reclassification out of A ccumulated other comprehensive income (in thousands) for the six months end ed July 30, 2016 : Changes in Accumulated Other Comprehensive Income (a) Unrealized Gains and (Losses) on Available-for-Sale Securities Beginning Balance at January 30, 2016 $ 800 Other comprehensive income before reclassifications 664 Amounts reclassified from accumulated other comprehensive income (b) (52) Net current-period other comprehensive income 612 Ending Balance at July 30, 2016 $ 1,412 (a) All amounts are net-of-tax. Amounts in parentheses indicate a debit/reduction to other comprehensive income. (b) Includes ($83) impact of Accumulated other comprehensive income reclassifications into Interest and other income for net gains on available-for-sale securities. The tax impact of this reclassification was ($31).

Financing Arrangements - Notes

Financing Arrangements - Notes to Financial Statements	6 Months Ended
	Jul. 29, 2017
Financing Arrangements [Abstract]
Financing Arrangements	NOTE 4 – FINANCING ARRANGEMENTS: As of July 29, 2017 , the Company had an unsecured revolving credit agreement to borrow $35.0 million less the balance of any revocable letters of credit as discussed below . T he revolving credit agreemen t is committed until August 2020 . The credit agreement contains various financial covenants and limitations, including the maintenance of specific financial ratios with which the Company was in c ompliance as of July 29, 2017 . There were no borrowings out standing under th is credit facility during the periods ended July 29, 2017 or January 28, 2017 . The weighted average interest rate under the credit facility was zero at July 29, 2017 due to no borrowings outstanding . At July 29, 2017 and January 28, 2017 , the Company had no outstanding revocable letters of credit relating to purchase commitments.

Reportable Segment Information

Reportable Segment Information - Notes to Financial Statements	6 Months Ended
	Jul. 29, 2017
Reportable Segment Information [Abstract]
Reportable Segment Information	NOTE 5 – REPORTABLE SEGMENT INFORMATION: The Company has determined that it has four operating segments, as defined under ASC 280-10, including Cato, It’s Fashion, Versona and C redit. As outlined in ASC 280-10, the Company has two reportable segments: R etail and C redit. The Company has aggregated its three retail operating segments , including e-commerce, based on the aggregation criteria outlined in ASC 280-10, which states that two or more operating segments may be aggregated into a single reportable segment if aggregation is consistent with the objective and basic principles of ASC 280-10, which require the segments to have similar economic characteristics, product s , production processes, clients and methods of distribution. The Company’s retail opera ting segments have similar economic characteristics and similar operating, financial and competitive risks. They are similar in nature of product, as they all offer women’s apparel, shoes and accessories. Merchandise invento ry for the Company’s retail op erating segments is sourced from the same countries and some of the same vendors, using similar production processes. Merchandise for the Company’s operating segments is distributed to retail stores in a similar manner through the Company’s single distrib ution center and is subsequently distributed to clients in a similar manner. The Company operates its women’s fashion specialty retail stores in 33 states as of July 29, 2017 , principally in the southeastern United States . The Company offers its own credit card to its customers and all credit authorizations, payment processing and collection efforts are performed by a separate subsidiary of the Company. NOTE 5 – REPORTABLE SEGMENT INFORMATION (CONTINUED): The following schedule summarizes certain segment information (in thousands): Three Months Ended Six Months Ended July 29, 2017 Retail Credit Total July 29, 2017 Retail Credit Total Revenues $205,911 $1,050 $206,961 Revenues $444,553 $2,149 $446,702 Depreciation 4,871 11 4,882 Depreciation 9,919 23 9,942 Interest and other income (1,329) - (1,329) Interest and other income (2,272) - (2,272) Income/(Loss) before income taxes (2,433) 303 (2,130) Income/(Loss) before income taxes 23,185 744 23,929 Capital expenditures 2,980 - 2,980 Capital expenditures 6,425 - 6,425 Three Months Ended Six Months Ended July 30, 2016 Retail Credit Total July 30, 2016 Retail Credit Total Revenues $237,645 $1,242 $238,887 Revenues $524,348 $2,512 $526,860 Depreciation 5,660 12 5,672 Depreciation 11,323 25 11,348 Interest and other income (1,377) - (1,377) Interest and other income (4,305) - (4,305) Income/(Loss) before income taxes 17,481 497 17,978 Income/(Loss) before income taxes 67,319 840 68,159 Capital expenditures 3,922 - 3,922 Capital expenditures 9,952 - 9,952 Retail Credit Total Total assets as of July 29, 2017 $492,342 $56,697 $549,039 Total assets as of January 28, 2017 554,716 51,608 606,324 The Company evaluates segment performance based on income before taxes. The Company does not allocate certain corporate expenses or income taxes to the credit segment. The following schedule summarizes the direct expenses of the credit segment, which are reflected in S elling, general and administrative expenses (in thousands): Three Months Ended Six Months Ended July 29, 2017 July 30, 2016 July 29, 2017 July 30, 2016 Bad debt expense $ 204 $ 196 $ 258 $ 442 Payroll 223 205 444 436 Postage 136 155 273 335 Other expenses 173 177 407 434 Total expenses $ 736 $ 733 $ 1,382 $ 1,647

Stock Based Compensation - Note

Stock Based Compensation - Notes to Financial Statements	6 Months Ended
	Jul. 29, 2017
Disclosure Of Compensation Related Costs Sharebased Payments Abstract
Stock Based Compensation	NOTE 6 – STOCK- BASED COMPENSATION: As of July 29, 2017 , the Company had three long-term compensation plans pursuant to which stock-based compensation was outstanding or could be granted. The Company’s 1987 Non-Qualified Stock Option Plan is for the granting of options to officers and key employees. As of July 29, 2017 , there were no available stock options for grant. The 2013 Incentive Compensation Plan and 2004 Amended and Restated Incentive Compensation Plan are for the granting of various forms of equity-based awards, including restricted stock and stock options for grant, to officers, directors and key employees. Effective May 23, 2013, shares for grant were no longer available under the 2004 Amended and Restated Incentive Compensation Plan. The following table presents the number of options and shares of restricted stock initially authorized and available for grant under each of the plans as of July 29, 2017 : 1987 2004 2013 Plan Plan Plan Total Options and/or restricted stock initially authorized 5,850,000 1,350,000 1,500,000 8,700,000 Options and/or restricted stock available for grant: July 29, 2017 - - 845,052 845,052 In accordance with ASC 718 , the fair value of current restricted stock awards is estimated on the date of grant based on the market price of the Company’s stock and is amortized to compensation expense on a straight-line basis over the related vesting periods. As of July 29, 2017 and January 28, 2017 , there was $14,383,000 and $12,685,000 , respectively, of total unrecognized compensation expense related to nonvested restricted stock awards, whic h had a remaining weight ed-av erage vesting period of 2.4 years and 2.5 years, respectively. The total fair value of the shares recognized as compensation expense during the three and six months ended July 29, 2017 was $1,318,000 and $1,726,000 , respectively, compared to $1,449,000 and $1,802,000 , respectively, for the three and six months ended July 30, 2016 . These expenses are classified as a component of S elling, general and administrative expenses in the Con densed Consolidated Statements of Income . The following summary shows the changes in the shares of unvested restricted stock outstanding during the six months ended July 29, 2017 : Weighted Average Number of Grant Date Fair Shares Value Per Share Restricted stock awards at January 28, 2017 561,323 $ 32.22 Granted 191,919 22.44 Vested (125,761) 26.40 Forfeited or expired (18,595) 32.41 Restricted stock awards at July 29, 2017 608,886 $ 30.33 NOTE 6 – STOCK BASED-COMPENSATION (CONTINUED): The Company’s Employee Stock Purchase Plan allows eligible full-time employees to purchase a limited number of shares of the Company’s Class A Common Stock during each semi-annual offering period at a 15% discount through payroll deductions. During the six months ended July 29, 2017 and July 30, 2016 , the Company sold 13,619 and 8,143 shares to employees at an average discount of $3.17 and $5.29 per share, respectively, under the Employee Stock Purchase Plan. The compensation expense recognized for the 15% discount given under the Employee Stock Purchas e Plan was approximately $43,000 for the six months ended July 29, 2017 and July 30, 2016 , respectively . These expenses are classified as a component of S elling, general and administrative expenses.

Fair Value Measurements - Notes

Fair Value Measurements - Notes to Financial Statements	6 Months Ended	12 Months Ended
	Jul. 29, 2017	Jan. 28, 2017
Fair Value Measurements [Abstract]
Fair Value Disclosures Text Block	NOTE 7 – FAIR VALUE MEASUREMENTS: The following table s set forth information regarding the Company’s financial assets and liabilities that are measured at fair value (in t housands) as of July 29, 2017 and January 28, 2017 Quoted Prices in Active Significant Markets for Other Significant Identical Observable Unobservable July 29, 2017 Assets Inputs Inputs Description Level 1 Level 2 Level 3 Assets: State/Municipal Bonds $ 134,967 $ - $ 134,967 $ - Corporate Bonds 23,950 - 23,950 - U.S. Treasury Notes 804 804 - - Cash Surrender Value of Life Insurance 8,247 - - 8,247 Asset-backed Securities (ABS) 969 - 969 - Corporate Equities 657 657 - - Certificates of Deposit 100 100 - - Total Assets $ 169,694 $ 1,561 $ 159,886 $ 8,247 Liabilities: Deferred Compensation (8,336) - - (8,336) Total Liabilities $ (8,336) $ - $ - $ (8,336) The Company’s investment portfolio was primarily invested in corporate bonds and tax-exempt and taxable governmental debt securities held in managed accounts with underlying ratings of A or better at July 29, 2017 and January 28, 2017 . The state, municipal and corporate bonds have contractual maturities which range from three days to 30.0 years. The U.S. Treasury Notes and Certificates of Deposit have contractual maturities which range from two months to eight months . These securities are classified as available-for-sale and are recorded as Short-term investments, Restricted cash and investments and Other assets on the accompanying Condensed Consolidated Balance Sheets. These assets are carried at fair value with unrealized gains and losses reported net of taxes in Accumulated other comprehensive income. Additionally, at July 29, 2017 , the Company had $0.7 million of corporate equities and deferred compensation plan assets of $8.2 million. At January 28, 2017 , the Company had $0.7 million of corporate equities and deferred compensation plan assets of $8.0 million. All of these assets are record ed within Other assets in the Condensed Consolidated Balance Sheets. Level 1 category securities are measured at fair value using quoted active market prices. Level 2 investment securities include corporate and municipal bonds for which quoted prices may not be available on active exchanges for identical instruments. Their fair value is principally based on market values determined by management with assistance of a third-party pricing service. Since quoted prices in active markets for identical assets are not available, these prices are determined by the pricing service using observable market information such as quotes from less active markets and/or quoted prices of securities with similar characteristics, among other factors. Deferred compensation p lan assets consist of life insurance policies. These life insurance policies are valued based on the cash surrender value of the insurance contract, which is determined based on such factors as the fair value of the underlying assets and discounted cash fl ow and are therefore classified within Level 3 of the valuation hierarchy. The Level 3 liability associated with the life insurance policies represents a deferred compensation obligation, the value of which is tracked via underlying insurance funds. These funds are designed to mirror existing mutual funds and money market funds that are observable and actively traded. Cash surrender values are provided by third parties and reviewed for reasonableness by the Company. The following tables summarize the change in fair value of the Company’s financial assets and liabilities measured using Level 3 inputs as of July 29, 2017 and January 28, 2017 (in thousands):	Quoted Prices in Active Significant Markets for Other Significant Identical Observable Unobservable January 28, 2017 Assets Inputs Inputs Description Level 1 Level 2 Level 3 Assets: State/Municipal Bonds $ 172,953 $ - $ 172,953 $ - Corporate Bonds 25,329 - 25,329 - U.S. Treasury Notes 1,206 1,206 - - Cash Surrender Value of Life Insurance 7,973 - - 7,973 Asset-backed Securities (ABS) 2,951 - 2,951 - Corporate Equities 722 722 - - Certificates of Deposit 100 100 - - Total Assets $ 211,234 $ 2,028 $ 201,233 $ 7,973 Liabilities: Deferred Compensation (7,649) - - (7,649) Total Liabilities $ (7,649) $ - $ - $ (7,649)

Recent Accounting Pronouncement

Recent Accounting Pronouncements - Notes to Financial Statements	6 Months Ended
	Jul. 29, 2017
Recent Accounting Pronouncements [Abstract]
Recent Accounting Pronouncements	Recently Adopted Accounting Policies In July 2015, the Financial Accounting Standards Board issued an accounting standards update that will simplify the measurement of inventory for companies. The standard differentiates the valuation methods used to measure inventory based on the type of inventory method utilized by a company. Companies using the first-in, first-out method and the average cost method will measure inventory at the net realizable value method to measure inventory. Companies using the la st-in, first-out method and the retail method will use the lower of cost or market to measure inventory. The standard was effective for the Company’s first quarter of its 2017 fiscal year. In the first quarter of 2017, the Company adopted this new guidance and it did not have a material impact on the financial statements. Recent Accounting Pronouncements In November 2015, the Financial Accounting Standards Board issued an effective date for a new leasing standard that will require substantially all leases to be recorded on the balance sheet. The standard is effective for the Company’s first quarter of its 2019 fiscal year; early adoption is permitted as of the beginning of an interim or annual reporting period. The Company is assessing what impacts this ne w standard will have on its consolidated financial statements. In May 2014, the Financial Accounting Standards Board issued an accounting standards update that will supersede most current revenue recognition guidance and modify the accounting treatment f or certain costs associated with revenue generation. The core principle of the revised revenue recognition standard is that an entity should recognize revenue to depict the transfer of goods or services to customers in an amount that reflects the consider ation to which the entity expects to be entitled in exchange for those goods or services, and provides several steps to apply to achieve that principle. In addition, the new guidance enhances disclosure requirements to include more information about speci fic revenue contracts entered into by the entity. The standard is effective for the Company’s first quarter of its 2018 fiscal year, and early adoption is permitted. This standard will primarily impact our gift card and credit card sales transactions wher eby estimated gift card breakage and estimated credit card bad debts will be recognized at the time the initial revenue is recorded. Based on its assessment to date, the Company intends to apply the standard retroactively in accordance with ASU 606-10-65-1. The Company is continuing to assess the impact of this new standard on its consolidated financial statements.

Income Tax - Notes to the Finan

Income Tax - Notes to the Financial Statements	6 Months Ended
	Jul. 29, 2017
IncomeTaxDisclosureAbstract
Income Tax Disclosure [Text Block]	The Company had a $1.2 million tax benefit for the quarter ended July 29, 2017 compared to a $2.1 million expense for the quarter ended July 30, 2016 . For the first six months of 2017 , the Company’s effective tax rate was 10.8% compared to 24.1% for the first six months of 2016 . The decrease in the effective tax rate is attributable to lower earnings, a higher proportion of income be ing generated from jurisdictions with lower tax rates, ongoing savings from tax initiatives, and a change in estimate for uncertain tax positions. See Note 1, General.

Income Taxes

Income Taxes	6 Months Ended
	Jul. 29, 2017
IncomeTaxDisclosureAbstract
Income Taxes	The Company had a $1.2 million tax benefit for the quarter ended July 29, 2017 compared to a $2.1 million expense for the quarter ended July 30, 2016 . For the first six months of 2017 , the Company’s effective tax rate was 10.8% compared to 24.1% for the first six months of 2016 . The decrease in the effective tax rate is attributable to lower earnings, a higher proportion of income be ing generated from jurisdictions with lower tax rates, ongoing savings from tax initiatives, and a change in estimate for uncertain tax positions. See Note 1, General.

Commitments and Contingencies -

Commitments and Contingencies - Notes to the Financial Statements	6 Months Ended
	Jul. 29, 2017
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	The Company is, from time to time, involved in routine litigation incidental to the conduct of our business, including litigation regarding the merchandise that we sell, litigation regarding intellectual property, litigation instituted by persons injured upon premises under our control, litigation with respect to various employment matters, including alleged discrimination and wage and hour litigation, and litigation with present or former employees. The Company has approximately $10.1 m illion in accrued litigation expense at July 29, 2017 . Although such litigation is routine and incidental to the conduct of our business, as with any business of our size with a significant number of employees and significant merchandise sales, such litiga tion could result in large monetary awards. Based on information currently available, management does not believe that any reasonably possible losses arising from current pending litigation will have a material adverse effect on our condensed consolidated financial statements. However, given the inherent uncertainties involved in such matters, an adverse outcome in one or more such matters could materially and adversely affect the Company’s financial condition, results of operations and cash flows in any pa rticular reporting period. We accrue for these matters when the liability is deemed probable and reasonably estimable.

Earnings Per Share - (Tables)

Earnings Per Share - (Tables)	3 Months Ended
	Jul. 29, 2017
Earnings Per Share Disclosure [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended Six Months Ended July 29, 2017 July 30, 2016 July 29, 2017 July 30, 2016 (Dollars in thousands) Numerator Net earnings/(loss) $ (881) $ 15,887 $ 21,351 $ 51,761 Earnings(loss) allocated to non-vested equity awards 28 (312) (466) (1,048) Net earnings/(loss) available to common stockholders $ (853) $ 15,575 $ 20,885 $ 50,713 Denominator Basic weighted average common shares outstanding 25,177,180 27,203,160 25,456,579 27,191,066 Dilutive effect of stock options - 2,051 - 1,974 Diluted weighted average common shares outstanding 25,177,180 27,205,211 25,456,579 27,193,040 Net income/(loss) per common share Basic earnings/(loss) per share $ (0.03) $ 0.57 $ 0.82 $ 1.86 Diluted earnings/(loss) per share $ (0.03) $ 0.57 $ 0.82 $ 1.86

Changes in Accumulated Other Co

Changes in Accumulated Other Comprehensive Income (Tables)	3 Months Ended		6 Months Ended
	Jul. 29, 2017	Jul. 30, 2016	Jul. 29, 2017	Jul. 30, 2016
AccumulatedOtherComprehensiveIncomeLossDisclosure[Abstract]
Schedule Of Accumulated Other Comprehensive Income Loss Table Text Block	NOTE 3 – ACCUMULATED OTHER COMPREHENSIVE INCOME : The following table set s forth information regarding the reclassification out of A ccumulated other comprehensive income (in thousands) for the three months end ed July 29, 2017 : Changes in Accumulated Other Comprehensive Income (a) Unrealized Gains and (Losses) on Available-for-Sale Securities Beginning Balance at April 29, 2017 $ 219 Other comprehensive income before reclassification 186 Amounts reclassified from accumulated other comprehensive income (b) 6 Net current-period other comprehensive income 192 Ending Balance at July 29, 2017 $ 411 (a) All amounts are net-of-tax. Amounts in parentheses indicate a debit/reduction to other comprehensive income. (b) Includes $10 impact of accumulated other comprehensive income reclassifications into Interest and other income for net gains on available-for-sale securities. The tax impact of this reclassification was $4.	NOTE 3 – ACCUMULATED OTHER COMPREHENSIVE INCOME (CONTINUED) : The following table set s forth information regarding the reclassification out of A ccumulated other comprehensive income (in thousands) for the three months end ed July 30, 2016 : Changes in Accumulated Other Comprehensive Income (a) Unrealized Gains and (Losses) on Available-for-Sale Securities Beginning Balance at April 30, 2016 $ 953 Other comprehensive income before reclassifications 510 Amounts reclassified from accumulated other comprehensive income (b) (51) Net current-period other comprehensive income 459 Ending Balance at July 30, 2016 $ 1,412 (a) All amounts are net-of-tax. Amounts in parentheses indicate a debit/reduction to other comprehensive income. (b) Includes ($81) impact of Accumulated other comprehensive income reclassifications into Interest and other income for net gains on available-for-sale securities. The tax impact of this reclassification was ($30).	The following table set s forth information regarding the reclassification out of A ccumulated other comprehensive income /( loss) (in thousands) for the six months end ed July 29, 2017 : Changes in Accumulated Other Comprehensive Income (a) Unrealized Gains and (Losses) on Available-for-Sale Securities Beginning Balance at January 28, 2017 $ (214) Other comprehensive income before reclassification 622 Amounts reclassified from accumulated other comprehensive income (b) 3 Net current-period other comprehensive income 625 Ending Balance at July 29, 2017 $ 411 (a) All amounts are net-of-tax. Amounts in parentheses indicate a debit/reduction to other comprehensive income. (b) Includes $5 impact of accumulated other comprehensive income reclassifications into Interest and other income for net gains on available-for-sale securities. The tax impact of this reclassification was $2.	The following table set s forth information regarding the reclassification out of A ccumulated other comprehensive income (in thousands) for the six months end ed July 30, 2016 : Changes in Accumulated Other Comprehensive Income (a) Unrealized Gains and (Losses) on Available-for-Sale Securities Beginning Balance at January 30, 2016 $ 800 Other comprehensive income before reclassifications 664 Amounts reclassified from accumulated other comprehensive income (b) (52) Net current-period other comprehensive income 612 Ending Balance at July 30, 2016 $ 1,412 (a) All amounts are net-of-tax. Amounts in parentheses indicate a debit/reduction to other comprehensive income. (b) Includes ($83) impact of Accumulated other comprehensive income reclassifications into Interest and other income for net gains on available-for-sale securities. The tax impact of this reclassification was ($31).

Reportable Segment Informatio20

Reportable Segment Information - (Tables)	6 Months Ended
	Jul. 29, 2017
Reportable Segment Information [Abstract]
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Three Months Ended Six Months Ended July 29, 2017 Retail Credit Total July 29, 2017 Retail Credit Total Revenues $205,911 $1,050 $206,961 Revenues $444,553 $2,149 $446,702 Depreciation 4,871 11 4,882 Depreciation 9,919 23 9,942 Interest and other income (1,329) - (1,329) Interest and other income (2,272) - (2,272) Income/(Loss) before income taxes (2,433) 303 (2,130) Income/(Loss) before income taxes 23,185 744 23,929 Capital expenditures 2,980 - 2,980 Capital expenditures 6,425 - 6,425 Three Months Ended Six Months Ended July 30, 2016 Retail Credit Total July 30, 2016 Retail Credit Total Revenues $237,645 $1,242 $238,887 Revenues $524,348 $2,512 $526,860 Depreciation 5,660 12 5,672 Depreciation 11,323 25 11,348 Interest and other income (1,377) - (1,377) Interest and other income (4,305) - (4,305) Income/(Loss) before income taxes 17,481 497 17,978 Income/(Loss) before income taxes 67,319 840 68,159 Capital expenditures 3,922 - 3,922 Capital expenditures 9,952 - 9,952 Retail Credit Total Total assets as of July 29, 2017 $492,342 $56,697 $549,039 Total assets as of January 28, 2017 554,716 51,608 606,324 Three Months Ended Six Months Ended July 29, 2017 July 30, 2016 July 29, 2017 July 30, 2016 Bad debt expense $ 204 $ 196 $ 258 $ 442 Payroll 223 205 444 436 Postage 136 155 273 335 Other expenses 173 177 407 434 Total expenses $ 736 $ 733 $ 1,382 $ 1,647

Sechedule Of Restricted Stock O

Sechedule Of Restricted Stock Outstanding - (Tables)	6 Months Ended
	Jul. 29, 2017
Disclosure Of Compensation Related Costs Sharebased Payments Abstract
Schedule Of Changes In Restricted Stock Outstanding	1987 2004 2013 Plan Plan Plan Total Options and/or restricted stock initially authorized 5,850,000 1,350,000 1,500,000 8,700,000 Options and/or restricted stock available for grant: July 29, 2017 - - 845,052 845,052

Stock Option Changes - (Tables)

Stock Option Changes - (Tables)	6 Months Ended
	Jul. 29, 2017
Disclosure Of Compensation Related Costs Sharebased Payments Abstract
Schedule of Stock Options Outstanding	Weighted Average Number of Grant Date Fair Shares Value Per Share Restricted stock awards at January 28, 2017 561,323 $ 32.22 Granted 191,919 22.44 Vested (125,761) 26.40 Forfeited or expired (18,595) 32.41 Restricted stock awards at July 29, 2017 608,886 $ 30.33

Fair Value Measurements - Asset

Fair Value Measurements - Assets at Fairvalue - (Tables)	6 Months Ended	12 Months Ended
	Jul. 29, 2017	Jan. 28, 2017
Fair Value Measurements [Abstract]
Fair Value Disclosures	Quoted Prices in Active Significant Markets for Other Significant Identical Observable Unobservable July 29, 2017 Assets Inputs Inputs Description Level 1 Level 2 Level 3 Assets: State/Municipal Bonds $ 134,967 $ - $ 134,967 $ - Corporate Bonds 23,950 - 23,950 - U.S. Treasury Notes 804 804 - - Cash Surrender Value of Life Insurance 8,247 - - 8,247 Asset-backed Securities (ABS) 969 - 969 - Corporate Equities 657 657 - - Certificates of Deposit 100 100 - - Total Assets $ 169,694 $ 1,561 $ 159,886 $ 8,247 Liabilities: Deferred Compensation (8,336) - - (8,336) Total Liabilities $ (8,336) $ - $ - $ (8,336)	Quoted Prices in Active Significant Markets for Other Significant Identical Observable Unobservable January 28, 2017 Assets Inputs Inputs Description Level 1 Level 2 Level 3 Assets: State/Municipal Bonds $ 172,953 $ - $ 172,953 $ - Corporate Bonds 25,329 - 25,329 - U.S. Treasury Notes 1,206 1,206 - - Cash Surrender Value of Life Insurance 7,973 - - 7,973 Asset-backed Securities (ABS) 2,951 - 2,951 - Corporate Equities 722 722 - - Certificates of Deposit 100 100 - - Total Assets $ 211,234 $ 2,028 $ 201,233 $ 7,973 Liabilities: Deferred Compensation (7,649) - - (7,649) Total Liabilities $ (7,649) $ - $ - $ (7,649)

General - Notes to Financial 24

General - Notes to Financial Statements - (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 29, 2017	Jul. 30, 2016	Jul. 29, 2017	Jul. 30, 2016
General Dsiclosure [Abstract]
Quarterly Declared Dividend	$ 0.33	$ 0.33	$ 0.66	$ 0.63
Repurchase of common stock			$ 29,618	$ 7,696
Net income	$ (881)	$ 15,887	21,351	51,761
Dividends paid			$ 17,204	$ 17,489

Earnings Per Share - (Details)

Earnings Per Share - (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 29, 2017	Jul. 30, 2016	Jul. 29, 2017	Jul. 30, 2016
Earnings Per Share Disclosure [Abstract]
Net income	$ (881)	$ 15,887	$ 21,351	$ 51,761
Earnings Allocated to Non-Vesting Equity Awards	28	(312)	(466)	(1,048)
Net Income (Loss) Available to Common Stockholders	$ (853)	$ 15,575	$ 20,885	$ 50,713
Basic Weighted-Average common shares outstanding	25,177,180	27,203,160	25,456,579	27,191,066
Dilutive Effect of Stock Options	0	2,051	0	1,974
Dilluted Weighted Average Common Shares Outstanding	25,177,180	27,205,211	25,456,579	27,193,040
Basic earnings per share	$ (0.03)	$ 0.57	$ 0.82	$ 1.86
Diluted earnings per share	$ (0.03)	$ 0.57	$ 0.82	$ 1.86

Changes in Accumulated Other 26

Changes in Accumulated Other Comprehensive Income (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 29, 2017	Jul. 30, 2016	Jul. 29, 2017	Jul. 30, 2016
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning Balance Accumulated other comprehensive income, net of tax			$ (214)
Unrealized gain on available-for-sale securities, net of deferred income taxes	$ 192	$ 459	625	$ 612
Ending Balance Accumulated other comprehensive income, net of tax	411		411
ChangeInUnrealizedGainsOnAvailableForSaleSecuritiesMember [Member]
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning Balance Accumulated other comprehensive income, net of tax	219	953	(214)	800
Other Comprehensive Income Loss Before Reclassifications Net Of Tax	186	510	622	664
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax	6	(51)	3	(52)
Unrealized gain on available-for-sale securities, net of deferred income taxes	192	459	625	612
Ending Balance Accumulated other comprehensive income, net of tax	$ 411	$ 1,412	$ 411	$ 1,412

Changes in Accumulated Other 27

Changes in Accumulated Other Comprehensive Income Components - (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 29, 2017	Jul. 30, 2016	Jul. 29, 2017	Jul. 30, 2016
ReclassificationAdjustmentOutOfAccumulatedOtherComprehensiveIncomeLineItems
Income Tax Benefit (Expense)	$ (1,249)	$ 2,091	$ 2,578	$ 16,398
Reclassified Accumulated Unrealized Gains and Losses
ReclassificationAdjustmentOutOfAccumulatedOtherComprehensiveIncomeLineItems
Interest and Other Income	10	(81)	5	(83)
Income Tax Benefit (Expense)	$ 4	$ (30)	$ 2	$ (31)

Financing Arrangements - (Detai

Financing Arrangements - (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended	12 Months Ended
	Apr. 29, 2017	Jul. 29, 2017	Jan. 28, 2017
Letter of Credit [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility Outstanding Borrowings	$ 0	$ 0	$ 0
Line of Credit Facility, Expiration Date		Aug. 22, 2020
RevolvingCreditFacilityMember [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity		$ 35,000
Line of Credit Facility Outstanding Borrowings		$ 0

Reportable Segment Informatio29

Reportable Segment Information - (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 29, 2017	Jul. 30, 2016	Jul. 29, 2017	Jul. 30, 2016	Jan. 28, 2017
Segment Reporting Information [Line Items]
Total revenues	$ 206,961	$ 238,887	$ 446,702	$ 526,860
Depreciation	4,882	5,672	9,942	11,348
Interest and other income	1,329	1,377	2,272	4,305
Total Assets	549,039		549,039		$ 606,324
Capital expenditures	2,980	3,922	6,425	9,952
Income Before Taxes	(2,130)	17,978	23,929	68,159
ReportableSegmentsMemberRetail [Member]
Segment Reporting Information [Line Items]
Total revenues	205,911	237,645	444,553	524,348
Depreciation	4,871	5,660	9,919	11,323
Interest and other income	1,329	1,377	2,272	4,305
Total Assets	492,342		492,342		554,716
Capital expenditures	2,980	3,922	6,425	9,952
Income Before Taxes	(2,433)	17,481	23,185	67,319
ReportableSegmentsMemberCredit [Member]
Segment Reporting Information [Line Items]
Total revenues	1,050	1,242	2,149	2,512
Depreciation	11	12	23	25
Interest and other income	0	0	0	0
Total Assets	56,697		56,697		$ 51,608
Capital expenditures	0	0	0	0
Income Before Taxes	$ 303	$ 497	$ 744	$ 840

Direct Expenses of Credit Segme

Direct Expenses of Credit Segment in SGA - (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 29, 2017	Jul. 30, 2016	Jul. 29, 2017	Jul. 30, 2016
Segment Reporting Information [Line Items]
Bad debt expense	$ 204	$ 196	$ 258	$ 442
ReportableSegmentsMemberCredit [Member]
Segment Reporting Information [Line Items]
Labor and Related Expense	223	205	444	436
Postage Expense	136	155	273	335
Other Expenses	$ 173	$ 177	$ 407	$ 434

Stock Based Compensation - Plan

Stock Based Compensation - Plans - (Details)	Jul. 29, 2017shares
1987 Plan
Authorized And Available For Grant [Line Items]
Options And/Or Restrcited Stock Initially Authorized	5,850,000
Options And Or Restricted Stock Available For Grant	0
2004 Plan
Authorized And Available For Grant [Line Items]
Options And/Or Restrcited Stock Initially Authorized	1,350,000
Options And Or Restricted Stock Available For Grant	0
2013 Plan
Authorized And Available For Grant [Line Items]
Options And/Or Restrcited Stock Initially Authorized	1,500,000
Options And Or Restricted Stock Available For Grant	845,052

Sechedule Of Restricted Stock32

Sechedule Of Restricted Stock Outstanding - (Details) - 2004 Plan - Restricted Stock - Class A Common Stock	6 Months Ended
	Jul. 29, 2017$ / sharesshares
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested [Roll Forward]
Restricted Stock Awards Beginning Balance | shares	561,323
Restricted Stock Awards Granted | shares	191,919
Restricted Stock Awards Vested | shares	(125,761)
Restricted Stock Awards Foreited | shares	(18,595)
Restricted Stock Awards Ending Balance | shares	608,886
Share Based Compensation Arrangement By Share Based Payment Award Equity InstrumentsOtherThan Options Nonvested Weighted Average Grant Date Fair Value
Restricted Stock Awards Weighted Average Grant Date Fair Value Per Share - Beginning Balance | $ / shares	$ 32.22
Granted Restricted Stock Awards Weighted Average Grant Date Fair Value Per Share | $ / shares	22.44
Vested Restricted Stock Awards Weighted Average Grant Date Fair Value Per Share | $ / shares	26.4
Forfeited Restricted Stock Awards Weighted Average Grant Date Fair Value Per Share | $ / shares	32.41
Restricted Stock Awards Weighted Average Grant Date Fair Value Per Share - Ending Balance | $ / shares	$ 30.33

Stock Based Compensation Additi

Stock Based Compensation Additional - (Details) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jul. 29, 2017	Jul. 30, 2016	Jul. 29, 2017	Jul. 30, 2016	Jan. 28, 2017
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Compensation Expense			$ 1,726,000	$ 1,802,000
Restricted Stock | Class A Common Stock
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Unrecognized Compensation Expense	$ 14,383,000	$ 15,249,000	$ 14,383,000	$ 15,249,000	$ 12,685,000
Remaining Weighted-Average Vesting Period			2 years 4 months 24 days	3 years 3 months	2 years 6 months 180 days
Compensation Expense	$ 1,318,000	$ 1,449,000
Employee Stock Purchase Plan | Class A Common Stock
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Shares Sold			13,619	8,143
Compensation Expense			$ 43,000	$ 43,000
Employee Stock Purchase Plan Share Purchase Discount	$ 3.17	$ 5.29	$ 3.17	$ 5.29

Fair Value Measurements - Ass34

Fair Value Measurements - Assets at Fairvalue - (Details) - USD ($) $ in Thousands	Jul. 29, 2017	Jan. 28, 2017
Level 1 | Deferred Compensation
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other Liabilities, Fair Value Disclosure	$ 0	$ 0
Level 2 | Deferred Compensation
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other Liabilities, Fair Value Disclosure	0	0
Level 3 | Deferred Compensation
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other Liabilities, Fair Value Disclosure	(8,336)	(7,649)
State/Municipal Bonds | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale Securities	0	0
State/Municipal Bonds | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale Securities	134,967	172,953
State/Municipal Bonds | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale Securities	0	0
Corporate Bonds | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale Securities	0	0
Corporate Bonds | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale Securities	23,950	25,329
Corporate Bonds | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale Securities	0	0
Auction Rate Securities (ARS) | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale Securities	0
Auction Rate Securities (ARS) | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale Securities	0
Auction Rate Securities (ARS) | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale Securities	0
US Treasury Notes | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale Securities	804	1,206
US Treasury Notes | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale Securities	0	0
US Treasury Notes | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale Securities	0	0
Corporate Equities | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale Securities	657	722
Corporate Equities | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale Securities	0	0
Corporate Equities | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale Securities	0	0
Certificates of Deposit | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale Securities	100	100
Certificates of Deposit | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale Securities	0	0
Certificates of Deposit | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale Securities	0	0
Asset Backed Securities (ABS) | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale Securities	0	0
Asset Backed Securities (ABS) | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale Securities	969	2,951
Asset Backed Securities (ABS) | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale Securities	0	0
Cash Surrender Value - Life Insurance | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Surrender Value, Fair Value Disclosure	0	0
Cash Surrender Value - Life Insurance | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Surrender Value, Fair Value Disclosure	0	0
Cash Surrender Value - Life Insurance | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Surrender Value, Fair Value Disclosure	$ 8,247	$ 7,973

Fair Value Measurements - Level

Fair Value Measurements - Level 3 Roll - (Details) - USD ($) $ in Thousands	6 Months Ended
	Jul. 29, 2017	Jul. 30, 2016
Deferred Compensation
FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems
Begining Balance	$ (7,649)	$ (6,187)
Redemptions	(313)	(1,018)
Additions	(374)	(518)
Losses (Gains) Included In Earnings	0	0
Ending Balance	(8,336)	(7,723)
Cash Surrender Value - Life Insurance
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning Balance	7,973	6,409
Redemptions	0	0
Additions	0	1,028
Gains (Losses) Included in Earnings	274	399
Gains (Losses) Included in Other Comprehensive Income	0	0
Ending Balance	$ 8,247	$ 7,836

Income Tax (Details)

Income Tax (Details)	6 Months Ended
	Jul. 29, 2017	Jul. 30, 2016
IncomeTaxDisclosureAbstract
Effective Income Tax Rate	10.80%	24.10%

Effective Tax Rate (Details)

Effective Tax Rate (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jul. 29, 2017	Jul. 30, 2016	Jul. 29, 2017	Jul. 30, 2016
EffectiveIncomeTaxRateContinuingOperationsTaxRateReconciliationAbstract
Effective Income Tax Rate			10.80%	24.10%
Income Tax Benefit, foreign domestic tax initiatives	$ 1,200,000	$ (2,100,000)

Commitments and Contingencies (

Commitments and Contingencies (Details)	Jul. 29, 2017USD ($)
Commitments and Contingencies Disclosure [Abstract]
Loss Contingency Estimate Of Possible Loss	$ 10,100,000