The Cato Corporation (CATO) 10-Q 30 Nov 18 2018 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information	3 Months Ended
	Nov. 03, 2018shares
Document and Entity Information [Abstract]
Entity Registrant Name	Cato Corp
Entity Central Index Key	18,255
Document Type	10-Q
Document Period End Date	Nov. 3, 2018
Amendment Flag	false
Current Fiscal Year End Date	--02-02
Entity Current Reporting Status	Yes
Entity Filer Category	Accelerated Filer
Class of Stock [Line Items]
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q3
Entity Emerging Growth Company	false
Entity Small Business	false
Common Class A [Member]
Class of Stock [Line Items]
Entity Common Stock, Shares Outstanding (actual number)	22,844,871
Common Class B [Member]
Class of Stock [Line Items]
Entity Common Stock, Shares Outstanding (actual number)	1,763,652

Condensed Consolidated Income S

Condensed Consolidated Income Statements Of Income and Comprehensive Income - USD ($)	3 Months Ended		9 Months Ended
	Nov. 03, 2018	Oct. 28, 2017	Nov. 03, 2018	Oct. 28, 2017
Revenues
Retail sales	$ 187,892,000	$ 188,368,000	$ 630,765,000	$ 631,049,000
Other Revenue (principally finance charges, late fees and layaway charges)	2,120,000	1,905,000	6,464,000	5,926,000
Total revenues	190,012,000	190,273,000	637,229,000	636,975,000
COSTS AND EXPENSES, NET
Cost of goods sold (exclusive of depreciation shown below)	123,014,000	124,462,000	395,102,000	411,503,000
Selling, general and administrative (exclusive of depreciation shown below)	61,765,000	62,100,000	196,616,000	190,162,000
Depreciation	4,094,000	5,047,000	12,470,000	14,989,000
Interest and other income	1,374,000	1,200,000	3,559,000	3,472,000
Cost and expenses, net	187,499,000	190,409,000	600,629,000	613,182,000
Income before income taxes	2,513,000	(136,000)	36,600,000	23,793,000
Income tax expense	(1,287,000)	(2,830,000)	2,907,000	(252,000)
Net income	$ 3,800,000	$ 2,694,000	$ 33,693,000	$ 24,045,000
Basic earnings per share	$ 0.16	$ 0.11	$ 1.36	$ 0.93
Diluted earnings per share	0.16	0.11	1.36	0.93
Dividends per share	$ 0.33	$ 0.33	$ 0.99	$ 0.99
Comprehensive income
Net income	$ 3,800,000	$ 2,694,000	$ 33,693,000	$ 24,045,000
Unrealized gain on available-for-sale securities, net of deferred income taxes	(373,000)	(170,000)	(451,000)	455,000
Comprehensive Income	$ 3,427,000	$ 2,524,000	$ 33,242,000	$ 24,500,000

Condensed Consolidated Income_2

Condensed Consolidated Income Statements Of Income and Comprehensive Income (Parenthetical) - USD ($)	3 Months Ended		9 Months Ended
	Nov. 03, 2018	Oct. 28, 2017	Nov. 03, 2018	Oct. 28, 2017
OtherComprehensiveIncomeLossTaxParentheticalDisclosuresAbstract
Tax Effect of Unrealized Gains (Losses) On Available-For-Sale Securities	$ (117,000)	$ (101,000)	$ (141,000)	$ 272,000

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Nov. 03, 2018	Feb. 03, 2018
Current Assets:
Cash and cash equivalents	$ 26,668,000	$ 78,047,000
Short-term investments	183,241,000	118,836,000
Restricted Cash	3,662,000	3,217,000
Restricted Short term Investments	106,000	505,000
Accounts receivable, net of allowance for doubtful accounts	37,016,000	28,018,000
Merchandise inventories	113,046,000	121,535,000
Deferred income taxes	0	0
Prepaid expenses	11,195,000	22,322,000
Total Current Assets	374,934,000	372,480,000
Property and equipment - net	99,308,000	109,368,000
DeferredTaxAssetsNetNoncurrent	11,155,000	12,570,000
Other assets	21,496,000	21,658,000
Total Assets	506,893,000	516,076,000
Current Liabilities:
Accounts payable	72,606,000	82,605,000
Accrued expenses	54,395,000	52,825,000
Accrued benefits	10,333,000	2,971,000
Accrued income taxes	779,000	680,000
Total Current Liabilities	138,113,000	139,081,000
Deferred tax liabilities noncurrent	0	0
Other noncurrent liabilities (primarily deferred rent)	42,580,000	50,642,000
Stockholders' Equity:
Preferred stock, $100 par value per share, 100,000 shares authorized, none issued	0	0
Class of Stock [Line Items]
Common stock	826,000	832,000
Additional paid-in capital	104,300,000	99,948,000
Retained earnings	221,846,000	225,894,000
Accumulated other comprehensive income	(772,000)	(321,000)
Total Stockholders' Equity	326,200,000	326,353,000
Liabilities And Stockholders Equity	506,893,000	516,076,000
Common Class A [Member]
Class of Stock [Line Items]
Common stock	767,000	774,000
Common Class B [Member]
Class of Stock [Line Items]
Common stock	$ 59,000	$ 58,000

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - USD ($) $ in Thousands	Nov. 03, 2018	Feb. 03, 2018
Class of Stock [Line Items]
Allowance For Doubtful Accounts Receivable Current	$ 849	$ 1,148
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	1,763,652	1,755,601
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	22,844,871	23,045,039
Common Stock Par Or Stated Value Per Share	$ 0.033	$ 0.033

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	9 Months Ended
	Nov. 03, 2018	Oct. 28, 2017
OPERATING ACTIVITIES
Net income	$ 33,693,000	$ 24,045,000
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	12,470,000	14,989,000
Provision For Doubtful Accounts	301,000	466,000
Purchase premium and premium amortization	420,000	2,747,000
Share Based Compensation	3,697,000	3,002,000
Excess tax benefits from share-based compensation	0	0
Deferred income taxes	1,556,000	1,015,000
Loss on disposal of property and equipment	530,000	611,000
Changes in operating assets and liabilities which provided (used) cash:
Accounts receivable	(9,288,000)	(497,000)
Merchandise inventories	8,489,000	17,919,000
Prepaid and other assets	11,115,000	(1,232,000)
Accrued income taxes	99,000	0
Accounts payable, accrued expenses and other liabilities	(8,855,000)	(24,752,000)
Net cash provided by operating activities	54,227,000	38,313,000
INVESTING ACTIVITIES
Capital expenditures	(3,224,000)	(8,762,000)
Purchase of short-term investments	(122,819,000)	(15,771,000)
Sales of short-term investments	58,113,000	79,764,000
Payments to Acquire Projects	(143,000)	(657,000)
Proceeds from Sale of Investment Projects	(4,000)	(6,000)
Change in restricted cash and investments	0	0
Net cash used in investing activities	(68,069,000)	54,580,000
FINANCING ACTIVITIES
Dividends paid	(24,455,000)	(25,466,000)
Repurchase of common stock	(13,344,000)	(35,708,000)
Proceeds from lines of credit	0	21,000,000
Payments to lines of credit	0	21,000,000
Proceeds from employee stock purchase plan	518,000	443,000
Excess tax benefits from share-based compensation financing activities	0	0
Proceeds From Stock Options Exercised	189,000	95,000
Net cash provided used in financing activities	(37,092,000)	(60,636,000)
Net increase in cash and cash equivalents	(50,934,000)	32,257,000
Cash, Cash Equivalents and Restricted Cash at Beginning of Period	81,264,000	49,618,000
Effect of Exchange Rate on Cash	0	0
Cash, Cash Equivalents and Restricted Cash at End of Period	30,330,000	81,875,000
Change in Accrued PPE	$ 360,000	$ 1,012,000

General - Notes to Financial St

General - Notes to Financial Statements	9 Months Ended
	Nov. 03, 2018
General Dsiclosure [Abstract]
Summary of Significant Account Policies	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 November 3, 2018 and October 28, 2017 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 February 3, 2018 . Amounts as of February 3, 2018 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. On November 20, 2018 , t he Board of Directors maintained the quarterly dividend at $0.33 per share and increased, by 2 million shares, the authorization to purchase shares under the Company’s share repurchase program. Recently Adopted Accounting Policies In May 2014, the Financial Accounting Standards Board (“FASB”) issued ASU 2014-09, “Revenue from Contracts with Customers (Topic 606),” that supersedes most current revenue recognition guidance and modifies the accounting treatment for certain costs associated with revenue generation. The core principle of the revised revenue r ecognition standard is that an entity should recognize revenue to depict the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those good or services, and prov ides several steps to apply to achieve that principle. In addition, the new guidance enhances disclosure requirements to include more information about specific revenue contracts entered into by the entity. Effective at the beginning of fiscal 2018 the Com pany adopted this new standard. The Company has elected the modified retrospective approach to transition to Topic 606. As required by this expedient, the Company assessed its open contracts with customers at February 3, 2018 to determine the cumulative effect of initially applying this standard. The Company concluded that the cumulative effect o f initially applying this standard is not material. In addition, the Company assessed the financial line items impacted by adopting this standard compared to the previous revenue guidance. The Company concluded that any differences in financial statement line items are not material. Please refer to Note 11, Revenue Recognition, for incremental disclosures related to this adoption. In November 2016, the FASB issued ASU 2016-18, "Statement of Cash Flows (Topic 230): Restricted Cash (a consensus of the FASB Emerging Issues Task Force)." This standard requires that restricted cash and restricted cash equivalents be included in cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown in the statement of cash flow s. The Company adopted the provisions of ASU 2016-18 in the first quarter of 2018 using the retrospective transition method. The new guidance did not have a material impact on the financial statements.

Earnings Per Share - Notes to F

Earnings Per Share - Notes to Financial Statements	3 Months Ended
	Nov. 03, 2018
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 Nine Months Ended November 3, 2018 October 28, 2017 November 3, 2018 October 28, 2017 (Dollars in thousands) Numerator Net earnings/(loss) $ 3,800 $ 2,694 $ 33,693 $ 24,045 Earnings/(loss) allocated to non-vested equity awards (107) (56) (951) (531) Net earnings/(loss) available to common stockholders $ 3,693 $ 2,638 $ 32,742 $ 23,514 Denominator Basic weighted average common shares outstanding 23,820,477 24,537,974 24,051,185 25,150,377 Diluted weighted average common shares outstanding 23,820,477 24,537,974 24,051,185 25,150,377 Net income/(loss) per common share Basic earnings/(loss) per share $ 0.16 $ 0.11 $ 1.36 $ 0.93 Diluted earnings/(loss) per share $ 0.16 $ 0.11 $ 1.36 $ 0.93

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income	3 Months Ended		9 Months Ended
	Nov. 03, 2018	Oct. 28, 2017	Nov. 03, 2018	Oct. 28, 2017
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 November 3, 2018 : Changes in Accumulated Other Comprehensive Income (a) Unrealized Gains and (Losses) on Available-for-Sale Securities Beginning Balance at August 4, 2018 $ (399) Other comprehensive income before reclassification (373) Amounts reclassified from accumulated other comprehensive income (b) - Net current-period other comprehensive income (373) Ending Balance at November 3, 2018 $ (772) (a) All amounts are net-of-tax. Amounts in parentheses indicate a debit/reduction to other comprehensive income. (b) Includes $0 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 $0.	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 October 28, 2017 : Changes in Accumulated Other Comprehensive Income (a) Unrealized Gains and (Losses) on Available-for-Sale Securities Beginning Balance at July 29, 2017 $ 411 Other comprehensive income before reclassifications (144) Amounts reclassified from accumulated other comprehensive income (b) (26) Net current-period other comprehensive income (170) Ending Balance at October 28, 2017 $ 241 (a) All amounts are net-of-tax. Amounts in parentheses indicate a debit/reduction to other comprehensive income. (b) Includes ($41) 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 ($15).	The following table set s forth information regarding the reclassification out of A ccumulated other comprehensive income (in thousands) for the nine months ended November 3, 2018 : Changes in Accumulated Other Comprehensive Income (a) Unrealized Gains and (Losses) on Available-for-Sale Securities Beginning Balance at February 3, 2018 $ (321) Other comprehensive income before reclassification (504) Amounts reclassified from accumulated other comprehensive income (b) 53 Net current-period other comprehensive income (451) Ending Balance at November 3, 2018 $ (772) (a) All amounts are net-of-tax. Amounts in parentheses indicate a debit/reduction to other comprehensive income. (b) Includes $70 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 $17.	The following table set s forth information regarding the reclassification out of A ccumulated other comprehensive income (in thousands) for the nine months ended October 28, 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 reclassifications 478 Amounts reclassified from accumulated other comprehensive income (b) (23) Net current-period other comprehensive income 455 Ending Balance at October 28, 2017 $ 241 (a) All amounts are net-of-tax. Amounts in parentheses indicate a debit/reduction to other comprehensive income. (b) Includes ($36) 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 ($13).

Financing Arrangements - Notes

Financing Arrangements - Notes to Financial Statements	9 Months Ended
	Nov. 03, 2018
Financing Arrangements [Abstract]
Financing Arrangements	NOTE 4 – FINANCING ARRANGEMENTS: As of November 3, 2018 , 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 2019 . 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 November 3, 2018 . There were no borrowings out standing under th is credit facility during the periods ended November 3, 2018 or February 3, 2018 . The weighted average interest rate under the credit facility was zero at November 3, 2018 due to no borrowings outstanding . At November 3, 2018 and February 3, 2018 , the Company had no outstanding revocable letters of credit relating to purchase commitments.

Reportable Segment Information

Reportable Segment Information - Notes to Financial Statements	9 Months Ended
	Nov. 03, 2018
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 November 3, 2018 , 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 Nine Months Ended November 3, 2018 Retail Credit Total November 3, 2018 Retail Credit Total Revenues $189,055 $957 $190,012 Revenues $634,360 $2,869 $637,229 Depreciation 4,088 6 4,094 Depreciation 12,452 18 12,470 Interest and other income (1,374) - (1,374) Interest and other income (3,559) - (3,559) Income/(Loss) before income taxes 2,140 373 2,513 Income/(Loss) before income taxes 35,159 1,441 36,600 Capital expenditures 1,345 - 1,345 Capital expenditures 3,224 - 3,224 Three Months Ended Nine Months Ended October 28, 2017 Retail Credit Total October 28, 2017 Retail Credit Total Revenues $189,263 $1,010 $190,273 Revenues $633,816 $3,159 $636,975 Depreciation 5,039 8 5,047 Depreciation 14,958 31 14,989 Interest and other income (1,200) - (1,200) Interest and other income (3,472) - (3,472) Income/(Loss) before income taxes (313) 177 (136) Income/(Loss) before income taxes 22,872 921 23,793 Capital expenditures 2,337 - 2,337 Capital expenditures 8,762 - 8,762 Retail Credit Total Total assets as of November 3, 2018 $437,711 $69,182 $506,893 Total assets as of February 3, 2018 469,652 46,424 516,076 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 Nine Months Ended November 3, 2018 October 28, 2017 November 3, 2018 October 28, 2017 Bad debt expense $ - $ 208 $ - $ 466 Payroll 179 210 571 654 Postage 128 133 379 406 Other expenses 271 274 460 681 Total expenses $ 578 $ 825 $ 1,410 $ 2,207

Stock Based Compensation - Note

Stock Based Compensation - Notes to Financial Statements	9 Months Ended
	Nov. 03, 2018
Disclosure Of Compensation Related Costs Sharebased Payments Abstract
Stock Based Compensation	NOTE 6 – STOCK-BASED COMPENSATION: As of November 3, 2018 , the Company had four 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 November 3, 2018 , there were no available stock options for grant. The 2018 Incentive Compensation Plan, 2013 Incentive Compensation Plan and 2004 Amended and Restated Incentive Compensation Plan are fo r 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 24, 2018 and May 23, 2013, shares for grant were no longer available under the 2013 Ince ntive Compensation Plan and 2004 Amended and Restated Incentive Compensation Plan, respectively. 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 November 3, 2018 : 1987 2004 2013 2018 Plan Plan Plan Plan Total Options and/or restricted stock initially authorized 5,850,000 1,350,000 1,500,000 4,725,000 13,425,000 Options and/or restricted stock available for grant: November 3, 2018 - - - 4,503,140 4,503,140 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 November 3, 2018 and February 3, 2018 , there was $13,373,000 and $11,727,000 , respectively, of total unrecognized compensation expense related to nonvested restricted stock awards, whic h had a remaining weight ed-a verage vesting period of 2.4 years and 2.0 years, respectively. The total fair value of the shares recognized as compensation expense during the three and nine months ended November 3, 2018 was $1,233,000 and $3,601,000 , respectively, compared to $1,185,000 and $2,911,000 , respectively, for the three and nine months ended October 28, 2017 . These expenses are classified as a component of S elling, general and administrative expenses in the Co ndensed Consolidated Statements of Income and Comprehensive Income . The following summary shows the changes in the shares of unvested restricted stock outstanding during the nine months ended November 3, 2018 : Weighted Average Number of Grant Date Fair Shares Value Per Share Restricted stock awards at February 3, 2018 595,179 $ 30.33 Granted 354,385 16.20 Vested (139,669) 29.87 Forfeited or expired (27,033) 25.73 Restricted stock awards at November 3, 2018 782,862 $ 24.17 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 nine months ended November 3, 2018 and October 28, 2017 , the Company sold 40,477 and 31,466 shares to employees at an average discount of $2.26 and $2.50 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 $91,000 and $79,000 for the nine months ended November 3, 2018 and October 28, 2017 , 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	9 Months Ended	12 Months Ended
	Nov. 03, 2018	Feb. 03, 2018
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 November 3, 2018 and February 3, 2018 Quoted Prices in Active Significant Markets for Other Significant Identical Observable Unobservable November 3, 2018 Assets Inputs Inputs Description Level 1 Level 2 Level 3 Assets: State/Municipal Bonds $ 59,495 $ - $ 59,495 $ - Corporate Bonds 90,428 - 90,428 - U.S. Treasury Notes 5,958 5,958 - - Cash Surrender Value of Life Insurance 8,918 - - 8,918 Asset-backed Securities (ABS) 24,031 - 24,031 - Corporate Equities 708 708 - - Certificates of Deposit 507 507 - - Total Assets $ 190,045 $ 7,173 $ 173,954 $ 8,918 Liabilities: Deferred Compensation (8,866) - - (8,866) Total Liabilities $ (8,866) $ - $ - $ (8,866) 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 November 3, 2018 and February 3, 2018 . The state, municipal and corporate bonds have contractual maturities which range from 12 days to 29.0 years. The U.S. Treasury Notes and Certificates of Deposit have contractual maturities of five 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 wit h unrealized gains and losses reported net of taxes in Accumulated other comprehensive income. The a sset-backed securities are bonds comprised of auto loans and bank credit cards that carry AAA ratings. The auto loan asset-backed securities are backed by s tatic pools of auto loans that were originated and serviced by captive auto finance units, banks or finance companies. The bank credit card asset-backed securities are backed by revolving pools of credit card receivables generated by account holders of car ds from American Express, Citibank, JPMorgan Chase, Capital One, and Discover. Additionally, at November 3, 2018 , the Company had $0.7 million of corporate equities and deferred compensation plan assets of $8.9 million. At February 3, 2018 , the Company had $0.8 million of corporate equities and deferred compensation plan assets of $8.9 million. All of these assets are recorded 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 bonds, municipal bonds and asset-backed securities for which quoted prices may not be available on active exchange s 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 plan 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 flow and are therefore classified with in 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 existin g 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 November 3, 2018 and February 3, 2018 (in thousands): Fair Value Measurements Using Significant Unobservable Asset Inputs (Level 3) Cash Surrender Value Beginning Balance at February 3, 2018 $ 8,900 Additions 429 Total gains or (losses) Included in interest and other income (or changes in net assets) (411) Included in other comprehensive income - Ending Balance at November 3, 2018 $ 8,918 Fair Value Measurements Using Significant Unobservable Liability Inputs (Level 3) Deferred Compensation Beginning Balance at February 3, 2018 $ (8,951) Additions (136) Total (gains) or losses Included in interest and other income (or changes in net assets) 221 Included in other comprehensive income - Ending Balance at November 3, 2018 $ (8,866)	Quoted Prices in Active Significant Markets for Other Significant Identical Observable Unobservable February 3, 2018 Assets Inputs Inputs Description Level 1 Level 2 Level 3 Assets: State/Municipal Bonds $ 95,983 $ - $ 95,983 $ - Corporate Bonds 22,535 - 22,535 - U.S. Treasury Notes 404 404 - - Cash Surrender Value of Life Insurance 8,900 - - 8,900 Asset-backed Securities (ABS) 318 - 318 - Corporate Equities 798 798 - - Certificates of Deposit 100 100 - - Total Assets $ 129,038 $ 1,302 $ 118,836 $ 8,900 Liabilities: Deferred Compensation (8,951) - - (8,951) Total Liabilities $ (8,951) $ - $ - $ (8,951) Fair Value Measurements Using Significant Unobservable Asset Inputs (Level 3) Cash Surrender Value Beginning Balance at January 28, 2017 $ 7,973 Additions 307 Total gains or (losses) Included in interest and other income (or changes in net assets) 620 Included in other comprehensive income - Ending Balance at February 3, 2018 $ 8,900 Fair Value Measurements Using Significant Unobservable Liability Inputs (Level 3) Deferred Compensation Beginning Balance at January 28, 2017 $ (7,649) Additions (443) Total (gains) or losses Included in interest and other income (or changes in net assets) (859) Included in other comprehensive income - Ending Balance at February 3, 2018 $ (8,951)

Recent Accounting Pronouncement

Recent Accounting Pronouncements - Notes to Financial Statements	9 Months Ended
	Nov. 03, 2018
Recent Accounting Pronouncements [Abstract]
Recent Accounting Pronouncements	In November 2015, the Financial Accounting Standards Board issued an effective date for ASU 2016-02, “Leases (Topic 842),” 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 new standard will have on its Consolidated Financial Statements and e xpects assets and liabilities to increase. We will continue evaluating the practical expedients as they are issued. However, the adoption of this standard will result in the recognition of a lease liability and related right-of-use asset and will material ly impact our balance sheet.

Income Tax - Notes to the Finan

Income Tax - Notes to the Financial Statements	9 Months Ended
	Nov. 03, 2018
IncomeTaxDisclosureAbstract
Income Tax Disclosure [Text Block]	The Company had an effective tax rate for the first nine months of 2018 of 7.9% compared to a tax benefit for the first nine months of 2017 . The increase in the effective tax rate for the first nine months is attributable to higher pre-tax earnings and a higher proportion of income being generated from jurisdictions with higher tax rates, partially offset by ongoing savings from tax initiatives. The tax benefit for the three months ended November 3, 2018 was due to favorable discrete items, partially offset by taxes from jurisdictions with lower tax rates. Our estimated annual effective tax ra te for the current year includes the impact of the new tax on Global Intangible Low Taxed Income (“GILTI”). We continue evaluating the accounting policy election for deferred taxes under GILTI.

Income Taxes

Income Taxes	9 Months Ended
	Nov. 03, 2018
IncomeTaxDisclosureAbstract
Income Taxes	The Company had an effective tax rate for the first nine months of 2018 of 7.9% compared to a tax benefit for the first nine months of 2017 . The increase in the effective tax rate for the first nine months is attributable to higher pre-tax earnings and a higher proportion of income being generated from jurisdictions with higher tax rates, partially offset by ongoing savings from tax initiatives. The tax benefit for the three months ended November 3, 2018 was due to favorable discrete items, partially offset by taxes from jurisdictions with lower tax rates. Our estimated annual effective tax ra te for the current year includes the impact of the new tax on Global Intangible Low Taxed Income (“GILTI”). We continue evaluating the accounting policy election for deferred taxes under GILTI.

Commitments and Contingencies -

Commitments and Contingencies - Notes to the Financial Statements	9 Months Ended
	Nov. 03, 2018
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	The Company is, from time to time, involved in routine matters including litigation incidental to the conduct of our business. These matters may include merchandise that we sell, intellectual property, personal injuries upon premises under our control, various employment matters, including alleged discrimination, wage and hour matters, including present or former employees. During the quarter, the C ompany favorably settled certain litigation matters which is reflected in Selling, general and administrati ve expenses in the Condensed Consolidated Statements of Income and Comprehensive Income. The Company has approximately $7.2 million in accrued expenses at November 3, 2018 for these matters. Although such matters are 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 litigation 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 outc ome in one or more such matters could materially and adversely affect the Company’s financial condition, results of operations and cash flows in any particular reporting period. We accrue for these matters when the liability is deemed probable and reasonab ly estimable.

Revenue Recognition Footnote

Revenue Recognition Footnote	9 Months Ended
	Nov. 03, 2018
RevenueRecognitionAndDeferredRevenueAbstract
Rvenue Recognition	NOTE 11 – REVENUE RECOGNITION: On February 3, 2018, the Company adopted ASU 2014-09, “Revenue from Contracts with Customers (Topic 606)” (“Topic 606”) using the modified retrospective method applied to contracts which were pending as of February 3, 2018. Financial results included in the Company’s Condensed Consolidated Statement of Income for the nine months ended November 3, 2018 are presented under Topic 606, while prior year amounts have not been restated and continue to be reported in accordance with ASC 605, “Revenue Recognition” (“Topic 605”). As a result of adopting Topic 606, the Company did not adjust opening retained earnings. The Company recognizes sales at the point of purchase when the customer takes possession of the merchandise and pays f or the purchase, generally with cash or credit. Sales from purchases made with Cato credit, gift cards and layaway sales from stores are also recorded when the customer takes possession of the merchandise. E-commerce sales are recorded when the risk of los s is transferred to the customer. Gift cards are recorded as deferred revenue until they are redeemed or forfeited. Layaway sales are recorded as deferred revenue until the customer takes possession or forfeits the merchandise. Gift cards do not have expir ation dates. A provision is made for estimated merchandise returns based on sales volumes and the Company’s experience; actual returns have not varied materially from historical amounts. A provision is made for estimated write-offs associated with sales ma de with the Company’s proprietary credit card. Amounts related to shipping and handling billed to customers in a sales transaction are classified as Other revenue and the costs related to shipping product to customers (billed and accrued) are classified a s Cost of goods sold. The Company offers its own proprietary credit card to customers. All credit activity is performed by the Company’s wholly-owned subsidiaries. None of the credit card receivables are secured. The Company estimated uncollectible amoun ts of $681,000 and $666,000 for the nine months ended November 3, 2018 and October 28, 2017, respectively, on sales purchased on the Company’s proprietary credit card of $20.8 million and $20.1 million for the nine months ended November 3, 2018 and October 28, 2017, respectively. The following table provides information about receivables and contract liabilities from contracts with customers (in thousands): Balance as of November 3, 2018 February 3, 2018 Proprietary Credit Card Receivables, net $ 16,380 $ 16,857 Gift Card Liability $ 4,798 $ 7,565

Earnings Per Share - (Tables)

Earnings Per Share - (Tables)	3 Months Ended
	Nov. 03, 2018
Earnings Per Share Disclosure [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended Nine Months Ended November 3, 2018 October 28, 2017 November 3, 2018 October 28, 2017 (Dollars in thousands) Numerator Net earnings/(loss) $ 3,800 $ 2,694 $ 33,693 $ 24,045 Earnings/(loss) allocated to non-vested equity awards (107) (56) (951) (531) Net earnings/(loss) available to common stockholders $ 3,693 $ 2,638 $ 32,742 $ 23,514 Denominator Basic weighted average common shares outstanding 23,820,477 24,537,974 24,051,185 25,150,377 Diluted weighted average common shares outstanding 23,820,477 24,537,974 24,051,185 25,150,377 Net income/(loss) per common share Basic earnings/(loss) per share $ 0.16 $ 0.11 $ 1.36 $ 0.93 Diluted earnings/(loss) per share $ 0.16 $ 0.11 $ 1.36 $ 0.93

Changes in Accumulated Other Co

Changes in Accumulated Other Comprehensive Income (Tables)	3 Months Ended		9 Months Ended
	Nov. 03, 2018	Oct. 28, 2017	Nov. 03, 2018	Oct. 28, 2017
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 November 3, 2018 : Changes in Accumulated Other Comprehensive Income (a) Unrealized Gains and (Losses) on Available-for-Sale Securities Beginning Balance at August 4, 2018 $ (399) Other comprehensive income before reclassification (373) Amounts reclassified from accumulated other comprehensive income (b) - Net current-period other comprehensive income (373) Ending Balance at November 3, 2018 $ (772) (a) All amounts are net-of-tax. Amounts in parentheses indicate a debit/reduction to other comprehensive income. (b) Includes $0 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 $0.	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 October 28, 2017 : Changes in Accumulated Other Comprehensive Income (a) Unrealized Gains and (Losses) on Available-for-Sale Securities Beginning Balance at July 29, 2017 $ 411 Other comprehensive income before reclassifications (144) Amounts reclassified from accumulated other comprehensive income (b) (26) Net current-period other comprehensive income (170) Ending Balance at October 28, 2017 $ 241 (a) All amounts are net-of-tax. Amounts in parentheses indicate a debit/reduction to other comprehensive income. (b) Includes ($41) 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 ($15).	The following table set s forth information regarding the reclassification out of A ccumulated other comprehensive income (in thousands) for the nine months ended November 3, 2018 : Changes in Accumulated Other Comprehensive Income (a) Unrealized Gains and (Losses) on Available-for-Sale Securities Beginning Balance at February 3, 2018 $ (321) Other comprehensive income before reclassification (504) Amounts reclassified from accumulated other comprehensive income (b) 53 Net current-period other comprehensive income (451) Ending Balance at November 3, 2018 $ (772) (a) All amounts are net-of-tax. Amounts in parentheses indicate a debit/reduction to other comprehensive income. (b) Includes $70 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 $17.	The following table set s forth information regarding the reclassification out of A ccumulated other comprehensive income (in thousands) for the nine months ended October 28, 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 reclassifications 478 Amounts reclassified from accumulated other comprehensive income (b) (23) Net current-period other comprehensive income 455 Ending Balance at October 28, 2017 $ 241 (a) All amounts are net-of-tax. Amounts in parentheses indicate a debit/reduction to other comprehensive income. (b) Includes ($36) 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 ($13).

Reportable Segment Informatio_2

Reportable Segment Information - (Tables)	9 Months Ended
	Nov. 03, 2018
Reportable Segment Information [Abstract]
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Three Months Ended Nine Months Ended November 3, 2018 Retail Credit Total November 3, 2018 Retail Credit Total Revenues $189,055 $957 $190,012 Revenues $634,360 $2,869 $637,229 Depreciation 4,088 6 4,094 Depreciation 12,452 18 12,470 Interest and other income (1,374) - (1,374) Interest and other income (3,559) - (3,559) Income/(Loss) before income taxes 2,140 373 2,513 Income/(Loss) before income taxes 35,159 1,441 36,600 Capital expenditures 1,345 - 1,345 Capital expenditures 3,224 - 3,224 Three Months Ended Nine Months Ended October 28, 2017 Retail Credit Total October 28, 2017 Retail Credit Total Revenues $189,263 $1,010 $190,273 Revenues $633,816 $3,159 $636,975 Depreciation 5,039 8 5,047 Depreciation 14,958 31 14,989 Interest and other income (1,200) - (1,200) Interest and other income (3,472) - (3,472) Income/(Loss) before income taxes (313) 177 (136) Income/(Loss) before income taxes 22,872 921 23,793 Capital expenditures 2,337 - 2,337 Capital expenditures 8,762 - 8,762 Retail Credit Total Total assets as of November 3, 2018 $437,711 $69,182 $506,893 Total assets as of February 3, 2018 469,652 46,424 516,076 Three Months Ended Nine Months Ended November 3, 2018 October 28, 2017 November 3, 2018 October 28, 2017 Bad debt expense $ - $ 208 $ - $ 466 Payroll 179 210 571 654 Postage 128 133 379 406 Other expenses 271 274 460 681 Total expenses $ 578 $ 825 $ 1,410 $ 2,207

Sechedule Of Restricted Stock O

Sechedule Of Restricted Stock Outstanding - (Tables)	9 Months Ended
	Nov. 03, 2018
Disclosure Of Compensation Related Costs Sharebased Payments Abstract
Schedule Of Changes In Restricted Stock Outstanding	1987 2004 2013 2018 Plan Plan Plan Plan Total Options and/or restricted stock initially authorized 5,850,000 1,350,000 1,500,000 4,725,000 13,425,000 Options and/or restricted stock available for grant: November 3, 2018 - - - 4,503,140 4,503,140

Stock Option Changes - (Tables)

Stock Option Changes - (Tables)	9 Months Ended
	Nov. 03, 2018
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 February 3, 2018 595,179 $ 30.33 Granted 354,385 16.20 Vested (139,669) 29.87 Forfeited or expired (27,033) 25.73 Restricted stock awards at November 3, 2018 782,862 $ 24.17

Fair Value Measurements - Asset

Fair Value Measurements - Assets at Fairvalue - (Tables)	9 Months Ended	12 Months Ended
	Nov. 03, 2018	Feb. 03, 2018
Fair Value Measurements [Abstract]
Fair Value Disclosures	Quoted Prices in Active Significant Markets for Other Significant Identical Observable Unobservable November 3, 2018 Assets Inputs Inputs Description Level 1 Level 2 Level 3 Assets: State/Municipal Bonds $ 59,495 $ - $ 59,495 $ - Corporate Bonds 90,428 - 90,428 - U.S. Treasury Notes 5,958 5,958 - - Cash Surrender Value of Life Insurance 8,918 - - 8,918 Asset-backed Securities (ABS) 24,031 - 24,031 - Corporate Equities 708 708 - - Certificates of Deposit 507 507 - - Total Assets $ 190,045 $ 7,173 $ 173,954 $ 8,918 Liabilities: Deferred Compensation (8,866) - - (8,866) Total Liabilities $ (8,866) $ - $ - $ (8,866)	Quoted Prices in Active Significant Markets for Other Significant Identical Observable Unobservable February 3, 2018 Assets Inputs Inputs Description Level 1 Level 2 Level 3 Assets: State/Municipal Bonds $ 95,983 $ - $ 95,983 $ - Corporate Bonds 22,535 - 22,535 - U.S. Treasury Notes 404 404 - - Cash Surrender Value of Life Insurance 8,900 - - 8,900 Asset-backed Securities (ABS) 318 - 318 - Corporate Equities 798 798 - - Certificates of Deposit 100 100 - - Total Assets $ 129,038 $ 1,302 $ 118,836 $ 8,900 Liabilities: Deferred Compensation (8,951) - - (8,951) Total Liabilities $ (8,951) $ - $ - $ (8,951)

Fair Value Measurments - Level

Fair Value Measurments - Level 3 Roll (Tables)	9 Months Ended	12 Months Ended
	Nov. 03, 2018	Feb. 03, 2018
Fair Value Measurements [Abstract]
Level 3 Reconciliation	Fair Value Measurements Using Significant Unobservable Asset Inputs (Level 3) Cash Surrender Value Beginning Balance at February 3, 2018 $ 8,900 Additions 429 Total gains or (losses) Included in interest and other income (or changes in net assets) (411) Included in other comprehensive income - Ending Balance at November 3, 2018 $ 8,918 Fair Value Measurements Using Significant Unobservable Liability Inputs (Level 3) Deferred Compensation Beginning Balance at February 3, 2018 $ (8,951) Additions (136) Total (gains) or losses Included in interest and other income (or changes in net assets) 221 Included in other comprehensive income - Ending Balance at November 3, 2018 $ (8,866)	Fair Value Measurements Using Significant Unobservable Asset Inputs (Level 3) Cash Surrender Value Beginning Balance at January 28, 2017 $ 7,973 Additions 307 Total gains or (losses) Included in interest and other income (or changes in net assets) 620 Included in other comprehensive income - Ending Balance at February 3, 2018 $ 8,900 Fair Value Measurements Using Significant Unobservable Liability Inputs (Level 3) Deferred Compensation Beginning Balance at January 28, 2017 $ (7,649) Additions (443) Total (gains) or losses Included in interest and other income (or changes in net assets) (859) Included in other comprehensive income - Ending Balance at February 3, 2018 $ (8,951)

Revenue Recognition (Tables)

Revenue Recognition (Tables)	9 Months Ended
	Nov. 03, 2018
RevenueRecognitionAndDeferredRevenueAbstract
ContractWithCustomerAssetAndLiabilityTableTextBlock	Balance as of November 3, 2018 February 3, 2018 Proprietary Credit Card Receivables, net $ 16,380 $ 16,857 Gift Card Liability $ 4,798 $ 7,565

General - Notes to Financial _2

General - Notes to Financial Statements - (Details) - USD ($)	3 Months Ended		9 Months Ended
	Nov. 03, 2018	Oct. 28, 2017	Nov. 03, 2018	Oct. 28, 2017
General Dsiclosure [Abstract]
Quarterly Declared Dividend	$ 0.33	$ 0.33	$ 0.99	$ 0.99
Repurchase of common stock			$ 13,344,000	$ 35,708,000
Net income	$ 3,800,000	$ 2,694,000	33,693,000	24,045,000
Dividends paid			$ 24,455,000	$ 25,466,000

Earnings Per Share - (Details)

Earnings Per Share - (Details) - USD ($)	3 Months Ended		9 Months Ended
	Nov. 03, 2018	Oct. 28, 2017	Nov. 03, 2018	Oct. 28, 2017
Earnings Per Share Disclosure [Abstract]
Net income	$ 3,800,000	$ 2,694,000	$ 33,693,000	$ 24,045,000
Earnings Allocated to Non-Vesting Equity Awards	(107,000)	(56,000)	(951,000)	(531,000)
Net Income (Loss) Available to Common Stockholders	$ 3,693,000	$ 2,638,000	$ 32,742,000	$ 23,514,000
Basic Weighted-Average common shares outstanding	23,820,477	24,537,974	24,051,185	25,150,377
Dilutive Effect of Stock Options	0	0	0	0
Dilluted Weighted Average Common Shares Outstanding	23,820,477	24,537,974	24,051,185	25,150,377
Basic earnings per share	$ 0.16	$ 0.11	$ 1.36	$ 0.93
Diluted earnings per share	$ 0.16	$ 0.11	$ 1.36	$ 0.93

Changes in Accumulated Other _2

Changes in Accumulated Other Comprehensive Income (Details) - USD ($)	3 Months Ended		9 Months Ended
	Nov. 03, 2018	Oct. 28, 2017	Nov. 03, 2018	Oct. 28, 2017
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning Balance Accumulated other comprehensive income, net of tax			$ (321,000)
Unrealized gain on available-for-sale securities, net of deferred income taxes	$ (373,000)	$ (170,000)	(451,000)	$ 455,000
Ending Balance Accumulated other comprehensive income, net of tax	(772,000)		(772,000)
ChangeInUnrealizedGainsOnAvailableForSaleSecuritiesMember [Member]
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning Balance Accumulated other comprehensive income, net of tax	(399,000)	411,000	(321,000)	(214,000)
Other Comprehensive Income Loss Before Reclassifications Net Of Tax	(373,000)	(144,000)	(504,000)	478,000
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax	0	(26,000)	53,000	(23,000)
Unrealized gain on available-for-sale securities, net of deferred income taxes	(373,000)	(170,000)	(451,000)	455,000
Ending Balance Accumulated other comprehensive income, net of tax	$ (772,000)	$ 241,000	$ (772,000)	$ 241,000

Changes in Accumulated Other _3

Changes in Accumulated Other Comprehensive Income Components - (Details) - USD ($)	3 Months Ended		9 Months Ended
	Nov. 03, 2018	Oct. 28, 2017	Nov. 03, 2018	Oct. 28, 2017
ReclassificationAdjustmentOutOfAccumulatedOtherComprehensiveIncomeLineItems
Income Tax Benefit (Expense)	$ (1,287,000)	$ (2,830,000)	$ 2,907,000	$ (252,000)
Reclassified Accumulated Unrealized Gains and Losses
ReclassificationAdjustmentOutOfAccumulatedOtherComprehensiveIncomeLineItems
Interest and Other Income	0	(41,000)	70,000	(36,000)
Income Tax Benefit (Expense)	$ 0	$ (15,000)	$ 17,000	$ (13,000)

Financing Arrangements - (Detai

Financing Arrangements - (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended	12 Months Ended
	Aug. 04, 2018	Nov. 03, 2018	Feb. 03, 2018
Letter of Credit [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility Outstanding Borrowings	$ 0	$ 0	$ 0
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 Informatio_3

Reportable Segment Information - (Details) - USD ($)	3 Months Ended		9 Months Ended
	Nov. 03, 2018	Oct. 28, 2017	Nov. 03, 2018	Oct. 28, 2017	Feb. 03, 2018
Segment Reporting Information [Line Items]
Total revenues	$ 190,012,000	$ 190,273,000	$ 637,229,000	$ 636,975,000
Depreciation	4,094,000	5,047,000	12,470,000	14,989,000
Interest and other income	1,374,000	1,200,000	3,559,000	3,472,000
Total Assets	506,893,000		506,893,000		$ 516,076,000
Capital expenditures	1,345,000	2,337,000	3,224,000	8,762,000
Income Before Taxes	2,513,000	(136,000)	36,600,000	23,793,000
ReportableSegmentsMemberRetail [Member]
Segment Reporting Information [Line Items]
Total revenues	189,055,000	189,263,000	634,360,000	633,816,000
Depreciation	4,088,000	5,039,000	12,452,000	14,958,000
Interest and other income	1,374,000	1,200,000	3,559,000	3,472,000
Total Assets	437,711,000		437,711,000		469,652,000
Capital expenditures	1,345,000	2,337,000	3,224,000	8,762,000
Income Before Taxes	2,140,000	(313,000)	35,159,000	22,872,000
ReportableSegmentsMemberCredit [Member]
Segment Reporting Information [Line Items]
Total revenues	957,000	1,010,000	2,869,000	3,159,000
Depreciation	6,000	8,000	18,000	31,000
Interest and other income	0	0	0	0
Total Assets	69,182,000		69,182,000		$ 46,424,000
Capital expenditures	0	0	0	0
Income Before Taxes	$ 373,000	$ 177,000	$ 1,441,000	$ 921,000

Direct Expenses of Credit Segme

Direct Expenses of Credit Segment in SGA - (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Nov. 03, 2018	Oct. 28, 2017	Nov. 03, 2018	Oct. 28, 2017
Segment Reporting Information [Line Items]
Bad debt expense	$ 0	$ 208	$ 0	$ 466
ReportableSegmentsMemberCredit [Member]
Segment Reporting Information [Line Items]
Labor and Related Expense	179	210	571	654
Postage Expense	128	133	379	406
Other Expenses	$ 271	$ 274	$ 460	$ 681

Stock Based Compensation - Plan

Stock Based Compensation - Plans - (Details)	Nov. 03, 2018shares
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	0
2018 Plan
Authorized And Available For Grant [Line Items]
Options And/Or Restrcited Stock Initially Authorized	4,725,000
Options And Or Restricted Stock Available For Grant	4,503,140

Sechedule Of Restricted Stock_2

Sechedule Of Restricted Stock Outstanding - (Details) - 2004 Plan - Restricted Stock - Class A Common Stock	9 Months Ended
	Nov. 03, 2018$ / sharesshares
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested [Roll Forward]
Restricted Stock Awards Beginning Balance | shares	595,179
Restricted Stock Awards Granted | shares	354,385
Restricted Stock Awards Vested | shares	(139,669)
Restricted Stock Awards Foreited | shares	(27,033)
Restricted Stock Awards Ending Balance | shares	782,862
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	$ 30.33
Granted Restricted Stock Awards Weighted Average Grant Date Fair Value Per Share | $ / shares	16.2
Vested Restricted Stock Awards Weighted Average Grant Date Fair Value Per Share | $ / shares	29.87
Forfeited Restricted Stock Awards Weighted Average Grant Date Fair Value Per Share | $ / shares	25.73
Restricted Stock Awards Weighted Average Grant Date Fair Value Per Share - Ending Balance | $ / shares	$ 24.17

Stock Based Compensation Additi

Stock Based Compensation Additional - (Details) - Class A Common Stock - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Nov. 03, 2018	Oct. 28, 2017	Nov. 03, 2018	Oct. 28, 2017	Feb. 03, 2018
Restricted Stock
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Unrecognized Compensation Expense	$ 13,373,000	$ 13,055,000	$ 13,373,000	$ 13,055,000	$ 11,727,000
Remaining Weighted-Average Vesting Period			2 years 4 months 24 days	2 years 2 months 12 days	2 years
Compensation Expense	$ 1,233,000	$ 1,185,000	$ 3,601,000	$ 2,911,000
Employee Stock Purchase Plan
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Shares Sold			40,477	31,466
Compensation Expense			$ 91,000	$ 79,000
Employee Stock Purchase Plan Share Purchase Discount	$ 2.26	$ 2.5	$ 2.26	$ 2.5

Fair Value Measurements - Ass_2

Fair Value Measurements - Assets at Fairvalue - (Details) - USD ($) $ in Thousands	Nov. 03, 2018	Feb. 03, 2018
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	(8,866)	(8,951)
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	59,495	95,983
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	90,428	22,535
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	5,958	404
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	708	798
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	507	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	24,031	318
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	$ 8,918	$ 8,900

Fair Value Measurements - Level

Fair Value Measurements - Level 3 Roll - (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Nov. 03, 2018	Feb. 03, 2018
Deferred Compensation
FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems
Begining Balance	$ (8,951)	$ (7,649)
Redemptions	(136)	(443)
Additions	221	(859)
Losses (Gains) Included In Earnings	0	0
Ending Balance	(8,866)	(8,951)
Cash Surrender Value - Life Insurance
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning Balance	8,900	7,973
Redemptions	0	0
Additions	429	307
Gains (Losses) Included in Earnings	(411)	620
Gains (Losses) Included in Other Comprehensive Income	0	0
Ending Balance	$ 8,918	$ 8,900

Income Tax (Details)

Income Tax (Details)	9 Months Ended
	Nov. 03, 2018
IncomeTaxDisclosureAbstract
Effective Income Tax Rate	7.90%

Effective Tax Rate (Details)

Effective Tax Rate (Details) - USD ($)	3 Months Ended		9 Months Ended
	Nov. 03, 2018	Oct. 28, 2017	Nov. 03, 2018
EffectiveIncomeTaxRateContinuingOperationsTaxRateReconciliationAbstract
Effective Income Tax Rate			7.90%
Income Tax Benefit, foreign domestic tax initiatives	$ 1,000,000	$ (2,800,000)

Commitments and Contingencies (

Commitments and Contingencies (Details)	Nov. 03, 2018USD ($)
Commitments and Contingencies Disclosure [Abstract]
Loss Contingency Estimate Of Possible Loss	$ 7,200,000

Revenue Recognition Disclosure

Revenue Recognition Disclosure Table - (Details) - USD ($)	Nov. 03, 2018	Feb. 03, 2018
RevenueRecognitionAndDeferredRevenueAbstract
Proprietary Credit Card Receivables Net	$ 16,380,000	$ 16,857,000
Gift Card Liability	$ 4,798,000	$ 7,565,000

Revenue Recognition Cato Credit

Revenue Recognition Cato Credit Card - (Details) - USD ($)	9 Months Ended
	Nov. 03, 2018	Oct. 28, 2017
RevenueRecognitionAndDeferredRevenueAbstract
Proprietary Credit Card Uncollectable amounts	$ 681,000	$ 666,000
Proprietary Credit Card Sales	$ 20,800,000	$ 20,100,000