Dillard's (DDS) 10-Q 4 Dec 20 2020 Q3 Quarterly report Financial data

Cover Page

Cover Page - shares	9 Months Ended
	Oct. 31, 2020	Nov. 28, 2020
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Oct. 31, 2020
Document Transition Report	false
Entity File Number	1-6140
Entity Registrant Name	DILLARD’S, INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	71-0388071
Entity Address, Address Line One	1600 CANTRELL ROAD
Entity Address, City or Town	LITTLE ROCK
Entity Address, State or Province	AR
Entity Address, Postal Zip Code	72201
City Area Code	501
Local Phone Number	376-5200
Title of 12(b) Security	Class A Common Stock
Trading Symbol	DDS
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Central Index Key	0000028917
Entity Shell Company	false
Amendment Flag	false
Current Fiscal Year End Date	--01-30
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q3
Common Stock Class A
Entity Common Stock, Shares Outstanding		17,987,659
Common Stock Class B
Entity Common Stock, Shares Outstanding		4,010,233

Recently Issued Accounting Stan

Recently Issued Accounting Standards	9 Months Ended
	Oct. 31, 2020
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
Recently Issued Accounting Standards	Accounting Standards Recently Issued Accounting Pronouncements Simplifying the Accounting for Income Taxes In December 2019, the FASB issued Accounting Standards Update ("ASU") No. 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes, as part of its initiative to reduce complexity in accounting standards. The amendments in this update simplify the accounting for income taxes by removing certain exceptions to the general principles in Topic 740. The amendments also improve consistent application of and simplify GAAP for other areas of Topic 740 by clarifying and amending existing guidance. The amendments within ASU No. 2019-12 are effective for financial statements issued for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2020, and early adoption is permitted. The Company does not expect this update to have a material impact on its consolidated financial statements.

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Oct. 31, 2020	Feb. 01, 2020	Nov. 02, 2019
Current assets:
Cash and cash equivalents	$ 61,124	$ 277,077	$ 79,065
Restricted cash	0	0	8,467
Accounts receivable	28,406	46,160	48,241
Merchandise inventories	1,545,264	1,465,007	1,969,980
Income Taxes Receivable, Current	126,973	0	0
Other current assets	65,631	59,838	74,231
Total current assets	1,827,398	1,848,082	2,179,984
Operating Lease, Right-of-Use Asset	40,471	47,924	48,600
Deferred Tax Assets, Operating Loss Carryforwards	14,740		0
Property and equipment (net of accumulated depreciation and amortization of $2,471,565, $2,336,728 and $2,358,469, respectively)	1,348,799	1,458,176	1,494,454
Other assets	74,581	76,075	77,025
Total assets	3,305,989	3,430,257	3,800,063
Current liabilities:
Trade accounts payable and accrued expenses	1,031,806	892,789	1,211,446
Current portion of finance lease liabilities	849	1,219	1,148
Operating Lease, Liability, Current	12,775	14,654	15,250
Other Short-term Borrowings	15,000	0	98,600
Accrued Income Taxes, Current	0	22,158	4,505
Total current liabilities	1,060,430	930,820	1,330,949
Long-term debt	365,814	365,709	365,674
Finance lease liabilities	180	695	1,029
Operating Lease, Liability, Noncurrent	27,412	32,683	32,958
Other liabilities	271,324	273,601	243,258
Deferred Tax Liabilities, Other	0	3,490	13,812
Subordinated debentures	200,000	200,000	200,000
Commitments and contingencies
Stockholders’ equity:
Common stock	1,240	1,239	1,239
Additional paid-in capital	952,522	951,726	949,846
Accumulated other comprehensive loss	(29,768)	(31,059)	(12,809)
Retained earnings	4,407,532	4,556,494	4,492,511
Less treasury stock, at cost	(3,950,697)	(3,855,141)	(3,818,404)
Total stockholders’ equity	1,380,829	1,623,259	1,612,383
Total liabilities and stockholders’ equity	3,305,989	3,430,257	3,800,063
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	$ 61,124	$ 277,077	$ 87,532

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Oct. 31, 2020	Feb. 01, 2020	Nov. 02, 2019
Statement of Financial Position [Abstract]
Property and equipment, accumulated depreciation and amortization	$ 2,471,565	$ 2,236,728	$ 2,358,469

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019
Income Statement [Abstract]
Revenue from Contracts with Customers	$ 1,024,899	$ 1,388,310	$ 2,730,598	$ 4,280,614
Service charges and other income	27,213	35,349	88,273	99,825
Total net sales, service charges and other income	1,052,112	1,423,659	2,818,871	4,380,439
Cost of sales	658,684	926,782	1,987,000	2,886,563
Selling, General and Administrative Expense	318,218	418,149	875,726	1,232,434
Depreciation and amortization	53,377	56,143	155,229	162,890
Rentals	5,115	5,927	16,304	18,254
Interest Expense	12,162	11,536	37,305	35,021
Other expense	2,105	1,916	6,313	5,750
Loss (gain) on disposal of assets	2,221	304	2,235	(11,996)
Income (loss) before income taxes	230	2,902	(261,241)	51,523
Income taxes (benefit)	(31,620)	(2,560)	(122,550)	8,130
Net Income	$ 31,850	$ 5,462	$ (138,691)	$ 43,393
Earnings (loss) per share:
Earnings Per Share, Basic and Diluted	$ 1.43	$ 0.22	$ (6.05)	$ 1.69

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019
Statement of Comprehensive Income [Abstract]
Net Income	$ 31,850	$ 5,462	$ (138,691)	$ 43,393
Other comprehensive income:
Amortization of retirement plan and other retiree benefit adjustments (net of tax of $138, $0, $414, and $0, respectively)	430	0	1,291	0
Comprehensive income (loss)	$ 32,280	$ 5,462	$ (137,400)	$ 43,393

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019
Statement of Comprehensive Income [Abstract]
Amortization of retirement plan and other retiree benefit adjustments, tax	$ 138	$ 0	$ 414	$ 0

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Common Stock [Member]	Common Stock [Member]Common stock Class A	Treasury Stock, Common [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Reclassification out of Accumulated Other Comprehensive Income [Member]
Balance at Feb. 02, 2019	$ 1,678,381	$ 1,239		$ (3,716,890)	$ 948,835	$ 4,458,006	$ (12,809)
Increase (Decrease) in Stockholders' Equity
Net Income	43,393					43,393
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax	0
Stock Issued During Period, Value, Share-based Compensation, Gross	1,011				1,011
Purchase of 645,284 and 600,479 during the three months ended and 2,230,877 and 1,665,222 during the nine months ended October 31, 2020 and November 2, 2019, respectively	(101,514)			(101,514)
Cash dividends declared:
Common Stock, $0.15 per share and $0.15 per share for the three months ended and $0.45 per share and $0.35 per share for the nine months ended October 31, 2020 and November 2, 2019, respectively,	(8,888)					(8,888)
Balance at Nov. 02, 2019	1,612,383	1,239		(3,818,404)	949,846	4,492,511	(12,809)
Balance at Aug. 03, 2019	1,645,844	1,239		(3,783,191)	949,846	4,490,759	(12,809)
Increase (Decrease) in Stockholders' Equity
Net Income	5,462					5,462
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax	0
Purchase of 645,284 and 600,479 during the three months ended and 2,230,877 and 1,665,222 during the nine months ended October 31, 2020 and November 2, 2019, respectively	(35,213)			(35,213)
Cash dividends declared:
Common Stock, $0.15 per share and $0.15 per share for the three months ended and $0.45 per share and $0.35 per share for the nine months ended October 31, 2020 and November 2, 2019, respectively,	(3,710)					(3,710)
Balance at Nov. 02, 2019	1,612,383	1,239		(3,818,404)	949,846	4,492,511	(12,809)
Balance at Feb. 01, 2020	1,623,259	1,239		(3,855,141)	951,726	4,556,494	(31,059)
Increase (Decrease) in Stockholders' Equity
Net Income	(138,691)					(138,691)
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax	(1,291)
Other Comprehensive Income (Loss), Net of Tax	1,291						1,291
Stock Issued During Period, Value, Share-based Compensation, Gross	797		$ 1		796
Purchase of 645,284 and 600,479 during the three months ended and 2,230,877 and 1,665,222 during the nine months ended October 31, 2020 and November 2, 2019, respectively	(95,556)			(95,556)
Cash dividends declared:
Common Stock, $0.15 per share and $0.15 per share for the three months ended and $0.45 per share and $0.35 per share for the nine months ended October 31, 2020 and November 2, 2019, respectively,	(10,271)					(10,271)
Balance at Oct. 31, 2020	1,380,829	1,240		(3,950,697)	952,522	4,407,532	(29,768)
Balance at Aug. 01, 2020	1,371,314	1,240		(3,931,238)	952,522	4,378,988	(30,198)
Increase (Decrease) in Stockholders' Equity
Net Income	31,850					31,850
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax	(430)
Other Comprehensive Income (Loss), Net of Tax	430						430
Purchase of 645,284 and 600,479 during the three months ended and 2,230,877 and 1,665,222 during the nine months ended October 31, 2020 and November 2, 2019, respectively	(19,459)			(19,459)
Cash dividends declared:
Common Stock, $0.15 per share and $0.15 per share for the three months ended and $0.45 per share and $0.35 per share for the nine months ended October 31, 2020 and November 2, 2019, respectively,	(3,306)					(3,306)
Balance at Oct. 31, 2020	$ 1,380,829	$ 1,240		$ (3,950,697)	$ 952,522	$ 4,407,532	$ (29,768)

CONDENSED CONSOLIDATED STATEM_5

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Parenthetical) - $ / shares	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019
CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY [Abstract]
Treasury Stock, Shares, Acquired	645,284	600,479	2,230,877	1,665,222
Common Stock, Dividends, Per Share, Declared	$ 0.15	$ 0.15	$ 0.45	$ 0.35
Stock Issued During Period, Shares, Share-based Compensation, Gross	32,000	17,600	32,000	17,600

CONDENSED CONSOLIDATED STATEM_6

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019
Operating activities:
Net Income	$ (138,691,000)	$ 43,393,000
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:
Gain on disposal of assets, excluding insurance gain	(2,235,000)	11,996,000
Proceeds from Insurance Settlement, Operating Activities	8,659,000	397,000
Depreciation and amortization of property and other deferred costs	157,335,000	164,373,000
Changes in operating assets and liabilities:
Decrease in accounts receivable	17,754,000	1,612,000
Increase in merchandise inventories	(80,257,000)	(441,563,000)
Increase in other current assets	(13,680,000)	(2,015,000)
Decrease (increase) in other assets	456,000	(8,404,000)
Increase in trade accounts payable and accrued expenses and other liabilities	145,745,000	286,322,000
Decrease in income taxes	(162,494,000)	(9,135,000)
Net cash (used in) provided by operating activities	(62,938,000)	22,984,000
Investing activities:
Purchases of property and equipment and capitalized software	(52,100,000)	(70,915,000)
Proceeds from disposal of assets	1,533,000	22,031,000
Proceeds from Equity Method Investment, Distribution, Return of Capital	215,000	1,350,000
Net cash used in investing activities	(50,352,000)	(47,534,000)
Financing activities:
Principal payments on long-term debt and finance lease liabilities	(885,000)	(703,000)
Payments of Financing Costs	3,230,000	0
Proceeds from (Repayments of) Lines of Credit	15,000,000	98,600,000
Cash dividends paid	(10,669,000)	(7,810,000)
Purchase of treasury stock	(102,879,000)	(101,514,000)
Net cash used in financing activities	(102,663,000)	(11,427,000)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect	(215,953,000)	(35,977,000)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	61,124,000	87,532,000
Non-cash transactions:
Accrued capital expenditures	6,038,000	9,573,000
Stock Issued	797,000	1,011,000
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability	$ 4,084,000	$ 4,601,000

Basis of Presentation

Basis of Presentation	9 Months Ended
	Oct. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited interim condensed consolidated financial statements of Dillard’s, Inc. (the “Company”) have been prepared in accordance with the rules of the Securities and Exchange Commission (“SEC”). Accordingly, they do not include all of the information and footnotes required by accounting principles generally accepted in the United States of America (“GAAP”) for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the three and nine months ended October 31, 2020 are not necessarily indicative of the results that may be expected for the fiscal year ending January 30, 2021 due to, among other factors, the seasonal nature of the business and the COVID-19 pandemic. These unaudited interim condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and footnotes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year ended February 1, 2020 filed with the SEC on March 31, 2020. Restricted Cash - Restricted cash consists of cash proceeds from the sale of property held in escrow for the acquisition of replacement property under like-kind exchange agreements. The escrow accounts are administered by an intermediary. Pursuant to the like-kind exchange agreements, the cash remains restricted for a maximum of 180 days from the date of the property sale pending the acquisition of replacement property. The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the condensed consolidated balance sheets that sum to the total of the same such amounts shown in the condensed consolidated statements of cash flows. (in thousands) October 31, November 2, Cash and cash equivalents $ 61,124 $ 79,065 Restricted cash — 8,467 Total cash, cash equivalents and restricted cash $ 61,124 $ 87,532 COVID-19 In March 2020, the World Health Organization declared the outbreak of a novel coronavirus (COVID-19) as a pandemic, which continues to spread throughout the United States and the world. The effects of the COVID-19 pandemic have had and continue to have a significant impact on the Company's business, results of operations and financial position. At present, the COVID-19 pandemic has had a significant negative effect on the Company's liquidity and net sales. Due to heightened uncertainty relating to the impacts of COVID-19 on the Company’s business operations, including the duration and impact on overall customer demand, our liquidity, net sales and profitability may be further impacted if we are unable to appropriately manage our inventory levels and expenses. The Company began closing stores on March 19, 2020 as mandated by state and local governments, and by April 9, 2020, all brick-and-mortar store locations were temporarily closed to the public. The Company began re-opening stores on May 5, 2020, and by June 2, 2020, all stores had been re-opened using the Centers for Disease Control and Prevention ("CDC") guidelines to promote a safe environment for our customers and employees. All stores are currently open and operating at reduced hours. A very small number of our locations were temporarily closed to in-store shopping due to government mandate. Other local mandates throughout the country require occupancy limits with which we are required to comply. We continue to monitor additional local government orders that may affect our operations. As part of the Company's liquidity strategy during the COVID-19 pandemic, in March 2020, the Company borrowed $779 million under its revolving credit agreement, which was repaid concurrent with the execution of the amended credit agreement. At October 31, 2020, borrowings of $15.0 million were outstanding, and letters of credit totaling $21.1 million were issued under the amended credit agreement leaving unutilized availability under the facility of $763.9 million . See Note 7, Revolving Credit Agreement , for additional information. We assess the impairment of long-lived assets, primarily fixed assets and operating lease assets, whenever events or changes in circumstances indicate that the carrying value may not be recoverable. We evaluated the effects of the COVID-19 pandemic on our business and determined that as of October 31, 2020, the carrying values of our property and equipment and operating

Business Segments

Business Segments	9 Months Ended
	Oct. 31, 2020
Segment Reporting [Abstract]
Business Segments	Business Segments The Company operates in two reportable segments: the operation of retail department stores (“retail operations”) and a general contracting construction company (“construction”). For the Company’s retail operations, the Company determined its operating segments on a store by store basis. Each store’s operating performance has been aggregated into one reportable segment. The Company’s operating segments are aggregated for financial reporting purposes because they are similar in each of the following areas: economic characteristics, class of consumer, nature of products and distribution methods. Revenues from external customers are derived from merchandise sales, and the Company does not rely on any major customers as a source of revenue. Across all stores, the Company operates one store format under the Dillard’s name where each store offers the same general mix of merchandise with similar categories and similar customers. The Company believes that disaggregating its operating segments would not provide meaningful additional information. The following table summarizes the percentage of net sales by segment and major product line: Three Months Ended Nine Months Ended October 31, 2020 November 2, 2019 October 31, 2020 November 2, 2019 Retail operations segment Cosmetics 14 % 14 % 14 % 13 % Ladies’ apparel 20 23 21 24 Ladies’ accessories and lingerie 15 14 15 15 Juniors’ and children’s apparel 10 10 10 10 Men’s apparel and accessories 18 17 18 17 Shoes 16 15 15 15 Home and furniture 4 3 4 3 97 96 97 97 Construction segment 3 4 3 3 Total 100 % 100 % 100 % 100 % The following tables summarize certain segment information, including the reconciliation of those items to the Company’s consolidated operations: (in thousands of dollars) Retail Construction Consolidated Three Months Ended October 31, 2020 Net sales from external customers $ 994,588 $ 30,311 $ 1,024,899 Gross profit 364,232 1,983 366,215 Depreciation and amortization 53,290 87 53,377 Interest and debt expense (income), net 12,167 (5) 12,162 (Loss) income before income taxes (232) 462 230 Total assets 3,279,241 26,748 3,305,989 Three Months Ended November 2, 2019 Net sales from external customers $ 1,334,205 $ 54,105 $ 1,388,310 Gross profit 460,549 979 461,528 Depreciation and amortization 55,963 180 56,143 Interest and debt expense (income), net 11,562 (26) 11,536 Income before income taxes 2,223 679 2,902 Total assets 3,753,211 46,852 3,800,063 Nine Months Ended October 31, 2020 Net sales from external customers $ 2,638,831 $ 91,767 $ 2,730,598 Gross profit 737,673 5,925 743,598 Depreciation and amortization 154,806 423 155,229 Interest and debt expense (income), net 37,343 (38) 37,305 (Loss) income before income taxes (262,598) 1,357 (261,241) Total assets 3,279,241 26,748 3,305,989 Nine Months Ended November 2, 2019 Net sales from external customers $ 4,132,890 $ 147,724 $ 4,280,614 Gross profit 1,392,057 1,994 1,394,051 Depreciation and amortization 162,364 526 162,890 Interest and debt expense (income), net 35,104 (83) 35,021 Income (loss) before income taxes 52,023 (500) 51,523 Total assets 3,753,211 46,852 3,800,063 Intersegment construction revenues of $4.1 million and $8.2 million for the three months ended October 31, 2020 and November 2, 2019, respectively, and $22.3 million and $22.8 million for the nine months ended October 31, 2020 and November 2, 2019, respectively, were eliminated during consolidation and have been excluded from net sales for the respective periods. The retail operations segment gives rise to contract liabilities through the loyalty program and through the issuances of gift cards. The loyalty program liability and a portion of the gift card liability is included in trade accounts payable and accrued expenses, and a portion of the gift card liability is included in other liabilities on the condensed consolidated balance sheets. Our retail operations segment contract liabilities are as follows: Retail (in thousands of dollars) October 31, February 1, November 2, February 2, Contract liabilities $ 54,684 $ 75,229 $ 60,742 $ 72,852 During the nine months ended October 31, 2020 and November 2, 2019, the Company recorded $39.7 million and $45.2 million, respectively, in revenue that was previously included in the retail operations contract liability balances of $75.2 million and $72.9 million, at February 1, 2020 and February 2, 2019, respectively. Construction contracts give rise to accounts receivable, contract assets and contract liabilities. We record accounts receivable based on amounts expected to be collected from customers. We also record costs and estimated earnings in excess of billings on uncompleted contracts (contract assets) and billings in excess of costs and estimated earnings on uncompleted contracts (contract liabilities) in other current assets and trade accounts payable and accrued expenses in the condensed consolidated balance sheets, respectively. The amounts included in the condensed consolidated balance sheets are as follows: Construction (in thousands of dollars) October 31, February 1, November 2, February 2, Accounts receivable $ 18,689 $ 28,522 $ 33,154 $ 31,867 Costs and estimated earnings in excess of billings on uncompleted contracts 781 2,179 2,479 1,165 Billings in excess of costs and estimated earnings on uncompleted contracts 5,808 5,737 6,800 7,414 During the nine months ended October 31, 2020 and November 2, 2019, the Company recorded $4.9 million and $7.1 million, respectively, in revenue that was previously included in billings in excess of costs and estimated earnings on uncompleted contracts of $5.7 million and $7.4 million at February 1, 2020 and February 2, 2019, respectively. The remaining performance obligations related to executed construction contracts totaled $97.2 million, $156.5 million and $71.9 million at October 31, 2020, February 1, 2020 and November 2, 2019, respectively.

Earnings Per Share Data

Earnings Per Share Data	9 Months Ended
	Oct. 31, 2020
Earnings Per Share [Abstract]
Earnings Per Share Data	(Loss) Per Share Data The following table sets forth the computation of basic and diluted earnings (loss) per share for the periods indicated (in thousands, except per share data). Three Months Ended Nine Months Ended October 31, November 2, October 31, November 2, Net income (loss) $ 31,850 $ 5,462 $ (138,691) $ 43,393 Weighted average shares of common stock outstanding 22,264 24,913 22,930 25,604 Basic and diluted earnings (loss) per share $ 1.43 $ 0.22 $ (6.05) $ 1.69

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Oct. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Various legal proceedings, in the form of lawsuits and claims, which occur in the normal course of business, are pending against the Company and its subsidiaries. In the opinion of management, disposition of these matters, individually or in the aggregate, is not expected to have a material adverse effect on the Company’s financial position, cash flows or results of operations. At October 31, 2020, letters of credit totaling $21.1 million were issued under the Company’s revolving credit facility. See Note 7, Revolving Credit Agreement , for additional information.

Benefit Plans

Benefit Plans	9 Months Ended
	Oct. 31, 2020
Retirement Benefits [Abstract]
Benefit Plans	Benefit Plans The Company has an unfunded, nonqualified defined benefit plan (“Pension Plan”) for its officers. The Pension Plan is noncontributory and provides benefits based on years of service and compensation during employment. The Company determines pension expense using an actuarial cost method to estimate the total benefits ultimately payable to officers and allocates this cost to service periods. The actuarial assumptions used to calculate pension costs are reviewed annually. The Company contributed $1.4 million and $4.2 million to the Pension Plan during the three and nine months ended October 31, 2020, respectively, and expects to make additional contributions to the Pension Plan of approximately $1.5 million during the remainder of fiscal 2020. The components of net periodic benefit costs are as follows (in thousands): Three Months Ended Nine Months Ended October 31, November 2, October 31, November 2, Components of net periodic benefit costs: Service cost $ 1,090 $ 906 $ 3,270 $ 2,716 Interest cost 1,536 1,916 4,608 5,750 Net actuarial loss 568 — 1,705 — Net periodic benefit costs $ 3,194 $ 2,822 $ 9,583 $ 8,466

Revolving Credit Agreement

Revolving Credit Agreement	3 Months Ended
	Oct. 31, 2020
Line of Credit Facility [Abstract]
Short-term Debt	Revolving Credit Agreement In April 2020, the Company amended its credit agreement (the "amended credit agreement"). After giving effect to the amendment, the amended credit agreement became secured by certain deposit accounts of the Company and certain inventory of certain subsidiaries. The amended credit agreement provides a borrowing capacity of $800 million, subject to certain limitations as outlined in the amended credit agreement, with a $200 million expansion option and matures on August 9, 2022. The amended credit agreement is available to the Company for general corporate purposes including, among other uses, working capital financing, the issuance of letters of credit, capital expenditures and, subject to certain restrictions, the repayment of existing indebtedness and share repurchases. The Company pays a variable rate of interest on borrowings under the amended credit agreement and a commitment fee to the participating banks. The rate of interest on borrowings is the greater of LIBOR or 1.0% plus 1.750%, and the commitment fee for unused borrowings is 0.30% per annum. As long as availability exceeds $100 million and no event of default occurs and is continuing, there are no financial covenant requirements under the amended credit agreement. Concurrent with the signing of the amended credit facility, the Company repaid the $779 million borrowed on March 25, 2020 under the previous agreement. Additionally, the Company paid $3.2 million in issuance costs related to the amended credit agreement, which were recorded in other assets on the condensed consolidated balance sheets. At October 31, 2020, $15.0 million of borrowings were outstanding, and letters of credit totaling $21.1 million were issued under the amended credit agreement leaving unutilized availability under the credit facility of $763.9 million. The weighted average interest rate under the credit agreement for the borrowings outstanding at October 31, 2020 was 2.75%.

Stock Repurchase Programs

Stock Repurchase Programs	9 Months Ended
	Oct. 31, 2020
Schedule of Share Repurchase Program Activity [Abstract]
Stock Repurchase Programs	Stock Repurchase Program In March 2018, the Company's Board of Directors authorized the Company to repurchase up to $500 million of the Company’s Class A Common Stock pursuant to an open-ended stock repurchase plan (the "March 2018 Plan"). The March 2018 Plan authorization permits the Company to repurchase its Class A Common Stock in the open market, pursuant to preset trading plans meeting the requirements of Rule 10b5-1 under the Securities Exchange Act of 1934 or through privately negotiated transactions. The March 2018 Plan has no expiration date. The following is a summary of share repurchase activity for the periods indicated (in thousands, except per share data): Three Months Ended Nine Months Ended October 31, November 2, October 31, November 2, Cost of shares repurchased $ 19,459 $ 35,213 $ 95,556 $ 101,514 Number of shares repurchased 645 600 2,231 1,665 Average price per share $ 30.16 $ 58.64 $ 42.83 $ 60.96 All repurchases of the Company’s Class A Common Stock above were made at the market price at the trade date. Accordingly, all amounts paid to reacquire these shares were allocated to treasury stock. As of October 31, 2020, $173.1 million of authorization remained under the March 2018 Plan.

Income Taxes

Income Taxes	9 Months Ended
	Oct. 31, 2020
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The Company expects to be in a net operating loss position for the fiscal year ending January 30, 2021. The Coronavirus Aid, Relief and Economic Security (“CARES”) Act, signed into law on March 27, 2020, allows for net operating loss carryback to years in which the statutory federal tax rate was 35% rather than the current 21%. During the three and nine months ended October 31, 2020, income tax benefit differed from what would be computed using the current statutory federal tax rate of 21% primarily due to the recognition of a net tax benefit of $32.4 million and $64.6 million, respectively, related to the rate differential in the carryback year including its impact on changes in estimates of temporary differences for the current and prior year. Income tax benefit for the three and nine months also included the effects of federal tax credits and state and local income taxes. During the three and nine months ended November 2, 2019, income taxes differed from what would be computed using the statutory federal tax rate primarily due to the effects of federal tax credits and state and local income taxes which included tax benefits recognized of approximately $2.8 million for amended state income tax return filings and related decreases to accrued state income taxes.

Reclassifications from Accumula

Reclassifications from Accumulated Other Comprehensive Loss ("AOCL")	9 Months Ended
	Oct. 31, 2020
Reclassifications from Accumulated Other Comprehensive Loss ("AOCL")
Reclassifications from Accumulated Other Comprehensive Loss ("AOCL")	Reclassifications from Accumulated Other Comprehensive Loss (“AOCL”) Reclassifications from AOCL are summarized as follows (in thousands): Amount Reclassified from AOCL Three Months Ended Nine Months Ended Affected Line Item in the Statement Where Net Income Is Presented Details about AOCL Components October 31, 2020 November 2, 2019 October 31, November 2, Defined benefit pension plan items Amortization of actuarial losses $ 568 $ — $ 1,705 $ — Total before tax (1) 138 — 414 — Income tax expense $ 430 $ — $ 1,291 $ — Total net of tax For fiscal year 2019, there was no amortization of the net loss in AOCL as the net loss did not exceed 10% of the projected benefit obligation. _______________________________ (1) This item is included in the computation of net periodic pension cost. See Note 6, Benefit Plans

Leases

Leases	9 Months Ended
	Oct. 31, 2020
Leases [Abstract]
Lessee, Operating Leases [Text Block]	Leases The Company leases retail stores, office space and equipment under operating leases. As of October 31, 2020, February 1, 2020 and November 2, 2019, right-of-use operating lease assets, which are recorded in operating lease assets in the condensed consolidated balance sheets, totaled $40.5 million, $47.9 million and $48.6 million, respectively, and operating lease liabilities, which are recorded in current portion of operating lease liabilities and operating lease liabilities, totaled $40.2 million, $47.3 million and $48.2 million, respectively. In determining our operating lease assets and operating lease liabilities, we apply an incremental borrowing rate to the minimum lease payments within each lease agreement. ASU No. 2016-02 requires the use of the rate implicit in the lease whenever that rate is readily determinable; furthermore, if the implicit rate is not readily determinable, a lessee may use its incremental borrowing rate. The incremental borrowing rate is the rate of interest that a lessee would have to pay to borrow on a collateralized basis over a similar term an amount equal to the lease payments in a similar economic environment. To estimate our specific incremental borrowing rates that align with applicable lease terms, we utilize a model consistent with the credit quality of our outstanding debt instruments. Renewal options from two Contingent rentals on certain leases are based on a percentage of annual sales in excess of specified amounts. Other contingent rentals are based entirely on a percentage of sales. The Company's operating lease agreements do not contain any material residual value guarantees or material restrictive covenants. The following table summarizes the Company's operating and finance leases: (in thousands of dollars) Classification - Condensed Consolidated Balance Sheets October 31, 2020 February 1, 2020 November 2, 2019 Assets Finance lease assets Property and equipment, net (a) $ 353 $ 670 $ 776 Operating lease assets Operating lease assets 40,471 47,924 48,600 Total leased assets $ 40,824 $ 48,594 $ 49,376 Liabilities Current Finance Current portion of finance lease liabilities $ 849 $ 1,219 $ 1,148 Operating Current portion of operating lease liabilities 12,775 14,654 15,250 Noncurrent Finance Finance lease liabilities 180 695 1,029 Operating Operating lease liabilities 27,412 32,683 32,958 Total lease liabilities $ 41,216 $ 49,251 $ 50,385 (a) Finance lease assets are recorded net of accumulated amortization of $14.2 million, $13.9 million and $13.8 million as of October 31, 2020, February 1, 2020 and November 2, 2019, respectively. Lease Cost Three Months Ended Nine Months Ended (in thousands of dollars) Classification - Condensed Consolidated Statements of Operations October 31, 2020 November 2, 2019 October 31, 2020 November 2, 2019 Operating lease cost (a) Rentals $ 5,115 $ 5,927 $ 16,304 $ 18,254 Finance lease cost Amortization of leased assets Depreciation and amortization 106 106 317 317 Interest on lease liabilities Interest and debt expense, net 44 109 186 367 Net lease cost $ 5,265 $ 6,142 $ 16,807 $ 18,938 (a) Includes short term lease costs of $0.5 million and $0.8 million for the three months ended and $1.5 million and $2.5 million for the nine months ended October 31, 2020 and November 2, 2019, respectively, and variable lease costs of $0.4 million and $0.3 million for the three months ended and $1.1 million and $1.0 million for the nine months ended October 31, 2020 and November 2, 2019, respectively. Maturities of Lease Liabilities (in thousands of dollars) Fiscal Year Operating Finance Total 2020 (excluding the nine months ended October 31, 2020) $ 3,550 $ 357 $ 3,907 2021 14,154 726 14,880 2022 7,811 — 7,811 2023 4,496 — 4,496 2024 3,714 — 3,714 After 2024 15,916 — 15,916 Total minimum lease payments 49,641 1,083 50,724 Less amount representing interest (9,454) (54) (9,508) Present value of lease liabilities $ 40,187 $ 1,029 $ 41,216 Lease Term and Discount Rate October 31, 2020 Weighted-average remaining lease term Operating leases 6.3 years Finance leases 1.1 years Weighted-average discount rate Operating leases 6.6 % Finance leases 10.4 % Other Information Nine Months Ended (in thousands of dollars) October 31, 2020 November 2, 2019 Cash paid for amounts included in the measurement of lease liabilities Operating cash flows from operating leases $ 14,490 $ 15,060 Operating cash flows from finance leases 186 367 Financing cash flows from finance leases 885 703 Lease assets obtained in exchange for new operating lease liabilities $ 4,084 $ 4,601

Changes in Accumulated Other Co

Changes in Accumulated Other Comprehensive Loss	9 Months Ended
	Oct. 31, 2020
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Changes in Accumulated Other Comprehensive Loss	Changes in Accumulated Other Comprehensive Loss Changes in AOCL by component (net of tax) are summarized as follows (in thousands): Defined Benefit Pension Plan Items Three Months Ended Nine Months Ended October 31, 2020 November 2, 2019 October 31, November 2, Beginning balance $ 30,198 $ 12,809 $ 31,059 $ 12,809 Amounts reclassified from AOCL (430) — (1,291) — Ending balance $ 29,768 $ 12,809 $ 29,768 $ 12,809

Gain on Disposal of Assets

Gain on Disposal of Assets	9 Months Ended
	Oct. 31, 2020
Discontinued Operations and Disposal Groups [Abstract]
(Gain) Loss on Disposal of Fixed Assets	Loss (Gain) on Disposal of Assets During the three months ended October 31, 2020, the Company recorded proceeds of $1.5 million primarily from the sale of one store property, resulting in a loss of $2.2 million that was recorded in loss (gain) on disposal of assets. During the three months ended November 2, 2019, the Company recorded a loss of $0.3 million primarily from the sale of one store property that was recorded in loss (gain) on disposal of assets. During the nine months ended November 2, 2019, the Company recorded proceeds of $22.0 million primarily from the sale of three store properties, resulting in a gain of $12.0 million that was recorded in loss (gain) on disposal of assets.

Fair Value Disclosures

Fair Value Disclosures	9 Months Ended
	Oct. 31, 2020
Fair Value Disclosures [Abstract]
Fair Value Disclosures	Fair Value Disclosures The estimated fair values of financial instruments presented herein have been determined by the Company using available market information and appropriate valuation methodologies. However, considerable judgment is required in interpreting market data to develop estimates of fair value. Accordingly, the estimates presented herein are not necessarily indicative of amounts the Company could realize in a current market exchange. The fair value of the Company’s long-term debt and subordinated debentures is based on market prices and is categorized as Level 1 in the fair value hierarchy. The fair value of the Company’s cash, cash equivalents, accounts receivable and short-term borrowings approximates their carrying values at October 31, 2020 due to the short-term maturities of these instruments. The fair value of the Company’s long-term debt at October 31, 2020 was approximately $384 million. The carrying value of the Company’s long-term debt at October 31, 2020 was $365.8 million. The fair value of the Company’s subordinated debentures at October 31, 2020 was approximately $183 million. The carrying value of the Company’s subordinated debentures at October 31, 2020 was $200.0 million.

Business Segments (Tables)

Business Segments (Tables)	9 Months Ended
	Oct. 31, 2020
Segment Reporting [Abstract]
Schedule of Contract Liabilities - Retail [Table Text Block]	Retail (in thousands of dollars) October 31, February 1, November 2, February 2, Contract liabilities $ 54,684 $ 75,229 $ 60,742 $ 72,852
Schedule of AR, Contract Assets and Liabilities - Construction [Table Text Block]	Construction (in thousands of dollars) October 31, February 1, November 2, February 2, Accounts receivable $ 18,689 $ 28,522 $ 33,154 $ 31,867 Costs and estimated earnings in excess of billings on uncompleted contracts 781 2,179 2,479 1,165 Billings in excess of costs and estimated earnings on uncompleted contracts 5,808 5,737 6,800 7,414
Schedule of Entity Wide Information Percentage of Revenue from External Customers by Product and Segment [Table Text Block]	Three Months Ended Nine Months Ended October 31, 2020 November 2, 2019 October 31, 2020 November 2, 2019 Retail operations segment Cosmetics 14 % 14 % 14 % 13 % Ladies’ apparel 20 23 21 24 Ladies’ accessories and lingerie 15 14 15 15 Juniors’ and children’s apparel 10 10 10 10 Men’s apparel and accessories 18 17 18 17 Shoes 16 15 15 15 Home and furniture 4 3 4 3 97 96 97 97 Construction segment 3 4 3 3 Total 100 % 100 % 100 % 100 %
Schedule of Segment Reporting Information, by Segment [Table Text Block]	The following tables summarize certain segment information, including the reconciliation of those items to the Company’s consolidated operations: (in thousands of dollars) Retail Construction Consolidated Three Months Ended October 31, 2020 Net sales from external customers $ 994,588 $ 30,311 $ 1,024,899 Gross profit 364,232 1,983 366,215 Depreciation and amortization 53,290 87 53,377 Interest and debt expense (income), net 12,167 (5) 12,162 (Loss) income before income taxes (232) 462 230 Total assets 3,279,241 26,748 3,305,989 Three Months Ended November 2, 2019 Net sales from external customers $ 1,334,205 $ 54,105 $ 1,388,310 Gross profit 460,549 979 461,528 Depreciation and amortization 55,963 180 56,143 Interest and debt expense (income), net 11,562 (26) 11,536 Income before income taxes 2,223 679 2,902 Total assets 3,753,211 46,852 3,800,063 Nine Months Ended October 31, 2020 Net sales from external customers $ 2,638,831 $ 91,767 $ 2,730,598 Gross profit 737,673 5,925 743,598 Depreciation and amortization 154,806 423 155,229 Interest and debt expense (income), net 37,343 (38) 37,305 (Loss) income before income taxes (262,598) 1,357 (261,241) Total assets 3,279,241 26,748 3,305,989 Nine Months Ended November 2, 2019 Net sales from external customers $ 4,132,890 $ 147,724 $ 4,280,614 Gross profit 1,392,057 1,994 1,394,051 Depreciation and amortization 162,364 526 162,890 Interest and debt expense (income), net 35,104 (83) 35,021 Income (loss) before income taxes 52,023 (500) 51,523 Total assets 3,753,211 46,852 3,800,063

Earnings Per Share Data (Tables

Earnings Per Share Data (Tables)	9 Months Ended
	Oct. 31, 2020
Earnings Per Share [Abstract]
Schedule of computation of basic and diluted earnings per share	The following table sets forth the computation of basic and diluted earnings (loss) per share for the periods indicated (in thousands, except per share data). Three Months Ended Nine Months Ended October 31, November 2, October 31, November 2, Net income (loss) $ 31,850 $ 5,462 $ (138,691) $ 43,393 Weighted average shares of common stock outstanding 22,264 24,913 22,930 25,604 Basic and diluted earnings (loss) per share $ 1.43 $ 0.22 $ (6.05) $ 1.69

Benefit Plans (Tables)

Benefit Plans (Tables)	9 Months Ended
	Oct. 31, 2020
Retirement Benefits [Abstract]
Schedule of components of net periodic benefit costs	The components of net periodic benefit costs are as follows (in thousands): Three Months Ended Nine Months Ended October 31, November 2, October 31, November 2, Components of net periodic benefit costs: Service cost $ 1,090 $ 906 $ 3,270 $ 2,716 Interest cost 1,536 1,916 4,608 5,750 Net actuarial loss 568 — 1,705 — Net periodic benefit costs $ 3,194 $ 2,822 $ 9,583 $ 8,466

Stock Repurchase Programs Sched

Stock Repurchase Programs Schedule of Repurchase Program Activity (Tables)	9 Months Ended
	Oct. 31, 2020
Schedule of Share Repurchase Program Activity [Abstract]
Schedule of Repurchase Agreements [Table Text Block]	The following is a summary of share repurchase activity for the periods indicated (in thousands, except per share data): Three Months Ended Nine Months Ended October 31, November 2, October 31, November 2, Cost of shares repurchased $ 19,459 $ 35,213 $ 95,556 $ 101,514 Number of shares repurchased 645 600 2,231 1,665 Average price per share $ 30.16 $ 58.64 $ 42.83 $ 60.96

Reclassifications from Accumu_2

Reclassifications from Accumulated Other Comprehensive Loss ("AOCL") (Tables)	9 Months Ended
	Oct. 31, 2020
Reclassifications from Accumulated Other Comprehensive Loss ("AOCL")
Summary of reclassifications from AOCL	Reclassifications from AOCL are summarized as follows (in thousands): Amount Reclassified from AOCL Three Months Ended Nine Months Ended Affected Line Item in the Statement Where Net Income Is Presented Details about AOCL Components October 31, 2020 November 2, 2019 October 31, November 2, Defined benefit pension plan items Amortization of actuarial losses $ 568 $ — $ 1,705 $ — Total before tax (1) 138 — 414 — Income tax expense $ 430 $ — $ 1,291 $ — Total net of tax For fiscal year 2019, there was no amortization of the net loss in AOCL as the net loss did not exceed 10% of the projected benefit obligation. _______________________________ (1) This item is included in the computation of net periodic pension cost. See Note 6, Benefit Plans

Leases (Tables)

Leases (Tables)	9 Months Ended
	Oct. 31, 2020
Leases [Abstract]
Lessee, Operating Lease, Liability, Maturity [Table Text Block]	(in thousands of dollars) Fiscal Year Operating Finance Total 2020 (excluding the nine months ended October 31, 2020) $ 3,550 $ 357 $ 3,907 2021 14,154 726 14,880 2022 7,811 — 7,811 2023 4,496 — 4,496 2024 3,714 — 3,714 After 2024 15,916 — 15,916 Total minimum lease payments 49,641 1,083 50,724 Less amount representing interest (9,454) (54) (9,508) Present value of lease liabilities $ 40,187 $ 1,029 $ 41,216
Lease Term and Discount Rate [Table Text Block]	October 31, 2020 Weighted-average remaining lease term Operating leases 6.3 years Finance leases 1.1 years Weighted-average discount rate Operating leases 6.6 % Finance leases 10.4 %
Cash Flow, Operating Activities, Lessee [Abstract]	Nine Months Ended (in thousands of dollars) October 31, 2020 November 2, 2019 Cash paid for amounts included in the measurement of lease liabilities Operating cash flows from operating leases $ 14,490 $ 15,060 Operating cash flows from finance leases 186 367 Financing cash flows from finance leases 885 703 Lease assets obtained in exchange for new operating lease liabilities $ 4,084 $ 4,601
Lease, Cost [Table Text Block]	Lease Cost Three Months Ended Nine Months Ended (in thousands of dollars) Classification - Condensed Consolidated Statements of Operations October 31, 2020 November 2, 2019 October 31, 2020 November 2, 2019 Operating lease cost (a) Rentals $ 5,115 $ 5,927 $ 16,304 $ 18,254 Finance lease cost Amortization of leased assets Depreciation and amortization 106 106 317 317 Interest on lease liabilities Interest and debt expense, net 44 109 186 367 Net lease cost $ 5,265 $ 6,142 $ 16,807 $ 18,938
Operating and Finance Lease Assets and Liabilities [Table Text Block]	(in thousands of dollars) Classification - Condensed Consolidated Balance Sheets October 31, 2020 February 1, 2020 November 2, 2019 Assets Finance lease assets Property and equipment, net (a) $ 353 $ 670 $ 776 Operating lease assets Operating lease assets 40,471 47,924 48,600 Total leased assets $ 40,824 $ 48,594 $ 49,376 Liabilities Current Finance Current portion of finance lease liabilities $ 849 $ 1,219 $ 1,148 Operating Current portion of operating lease liabilities 12,775 14,654 15,250 Noncurrent Finance Finance lease liabilities 180 695 1,029 Operating Operating lease liabilities 27,412 32,683 32,958 Total lease liabilities $ 41,216 $ 49,251 $ 50,385

Changes in Accumulated Other _2

Changes in Accumulated Other Comprehensive Loss (Tables)	9 Months Ended
	Oct. 31, 2020
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Summary of changes in AOCL by component (net of tax)	Changes in AOCL by component (net of tax) are summarized as follows (in thousands): Defined Benefit Pension Plan Items Three Months Ended Nine Months Ended October 31, 2020 November 2, 2019 October 31, November 2, Beginning balance $ 30,198 $ 12,809 $ 31,059 $ 12,809 Amounts reclassified from AOCL (430) — (1,291) — Ending balance $ 29,768 $ 12,809 $ 29,768 $ 12,809

Basis of Presentation Cash, Cas

Basis of Presentation Cash, Cash Equivalents and Restricted Cash (Details) - USD ($) $ in Thousands	Oct. 31, 2020	Feb. 01, 2020	Nov. 02, 2019	Feb. 02, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Cash and cash equivalents	$ 61,124	$ 277,077	$ 79,065
Restricted cash	0	0	8,467
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	$ 61,124	$ 277,077	$ 87,532	$ 123,509

Business Segments (Details)

Business Segments (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2020USD ($)	Nov. 02, 2019USD ($)	Oct. 31, 2020USD ($)segment	Nov. 02, 2019USD ($)	Feb. 01, 2020USD ($)	Feb. 02, 2019USD ($)
Segment Reporting [Abstract]
Costs and estimated earnings in excess of billings on uncompleted contracts, construction segment	$ 781	$ 2,479	$ 781	$ 2,479	$ 2,179	$ 1,165
Billings in excess of costs and estimated earnings on uncompleted contracts, construction segment	5,808	6,800	5,808	6,800	5,737	7,414
Accounts Receivable, Construction Segment	18,689	33,154	18,689	33,154	28,522	31,867
Revenue, Remaining Performance Obligation, Amount	97,200	71,900	97,200	71,900	156,500
Revenue Recognized, previously recorded in Billings in excess of costs and estimated earnings			4,900	7,100
Contract with Customer, Liability	54,684	60,742	54,684	60,742	75,229	$ 72,852
Contract with Customer, Liability, Revenue Recognized			39,700	45,200
Business Segments
Revenue from Contracts with Customers	$ 1,024,899	$ 1,388,310	$ 2,730,598	$ 4,280,614
Concentration Risk, Percentage	100.00%	100.00%	100.00%	100.00%
Number of Reportable Segments | segment			2
Gross profit	$ 366,215	$ 461,528	$ 743,598	$ 1,394,051
Depreciation and amortization	53,377	56,143	155,229	162,890
Interest and debt expense (income), net	12,162	11,536	37,305	35,021
Income before income taxes	230	2,902	(261,241)	51,523
Total assets	3,305,989	3,800,063	3,305,989	3,800,063	$ 3,430,257
Retail operations
Business Segments
Revenue from Contracts with Customers	$ 994,588	$ 1,334,205	$ 2,638,831	$ 4,132,890
Concentration Risk, Percentage	97.00%	96.00%	97.00%	97.00%
Number of Reportable Segments | segment			1
Number of store formats | segment			1
Gross profit	$ 364,232	$ 460,549	$ 737,673	$ 1,392,057
Depreciation and amortization	53,290	55,963	154,806	162,364
Interest and debt expense (income), net	12,167	11,562	37,343	35,104
Income before income taxes	(232)	2,223	(262,598)	52,023
Total assets	3,279,241	3,753,211	3,279,241	3,753,211
Construction
Business Segments
Revenue from Contracts with Customers	$ 30,311	$ 54,105	$ 91,767	$ 147,724
Concentration Risk, Percentage	3.00%	4.00%	3.00%	3.00%
Gross profit	$ 1,983	$ 979	$ 5,925	$ 1,994
Depreciation and amortization	87	180	423	526
Interest and debt expense (income), net	(5)	(26)	(38)	(83)
Income before income taxes	462	679	1,357	(500)
Total assets	26,748	46,852	26,748	46,852
Intersegment Eliminations [Member]
Business Segments
Revenue from Contracts with Customers	$ 4,100	$ 8,200	$ 22,300	$ 22,800
Cosmetics [Member] | Retail operations
Business Segments
Concentration Risk, Percentage	14.00%	14.00%	14.00%	13.00%
Ladies Apparel [Member] | Retail operations
Business Segments
Concentration Risk, Percentage	20.00%	23.00%	21.00%	24.00%
Ladies Accessories and Lingerie [Member] | Retail operations
Business Segments
Concentration Risk, Percentage	15.00%	14.00%	15.00%	15.00%
Juniors and Children's Apparel [Member] | Retail operations
Business Segments
Concentration Risk, Percentage	10.00%	10.00%	10.00%	10.00%
Mens Apparel and Accessories [Member] | Retail operations
Business Segments
Concentration Risk, Percentage	18.00%	17.00%	18.00%	17.00%
Shoes [Member] | Retail operations
Business Segments
Concentration Risk, Percentage	16.00%	15.00%	15.00%	15.00%
Home and Furniture [Member] | Retail operations
Business Segments
Concentration Risk, Percentage	4.00%	3.00%	4.00%	3.00%

Earnings Per Share Data (Detail

Earnings Per Share Data (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019
Earnings Per Share [Abstract]
Net Income	$ 31,850	$ 5,462	$ (138,691)	$ 43,393
Weighted Average Number of Shares Outstanding, Basic and Diluted	22,264,000	24,913,000	22,930,000	25,604,000
Earnings Per Share, Basic and Diluted	$ 1.43	$ 0.22	$ (6.05)	$ 1.69
Total dilutive and potentially dilutive securities outstanding (in shares)	0		0

Commitments and Contingencies (

Commitments and Contingencies (Details) $ in Millions	Oct. 31, 2020USD ($)
Commitments and Contingencies Disclosure [Abstract]
Outstanding letters of credit under the Company's revolving credit facility	$ 21.1

Benefit Plans (Details)

Benefit Plans (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019
Retirement Benefits, Description [Abstract]
Employer contributions to pension plan	$ 1,400		$ 4,200
Employer contributions to pension plan	1,400		4,200
Components of net periodic benefit costs:
Service cost	1,090	$ 906	3,270	$ 2,716
Interest cost	1,536	1,916	4,608	5,750
Net actuarial loss	568	0	1,705	0
Net periodic benefit costs	3,194	2,822	9,583	8,466
Defined Benefit Plan, Expected Future Benefit Payment, Remainder of Year	1,500		1,500
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Employer contributions to pension plan	1,400		4,200
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]
Components of net periodic benefit costs:
Net actuarial loss	$ 568	$ 0	$ 1,705	$ 0

Revolving Credit Agreement (Det

Revolving Credit Agreement (Details) - USD ($)	3 Months Ended	9 Months Ended
	Oct. 31, 2020	Oct. 31, 2020	Nov. 02, 2019
Credit agreement
Payments of Financing Costs	$ 3,200,000	$ 3,230,000	$ 0
Line of Credit Facility, Maximum Borrowing Capacity	800,000,000	$ 800,000,000
Line of Credit Facility, Expansion Option	$ 200,000,000
Reference rate		LIBOR
Percentage points added to reference rate		1.75%
Interest rate at end of period (as a percent)	2.75%	2.75%
Letters of credit issued	$ 21,100,000	$ 21,100,000
Unutilized credit facility borrowing capacity	763,900,000	$ 763,900,000
Minimum line of credit availability for no financial covenant requirements	100,000,000
Annual commitment fee (as a percent)		0.30%
Line of Credit Borrowed and Repaid during period	$ 779,000,000	$ 779,000,000
Proceeds from (Repayments of) Lines of Credit		$ 15,000,000	$ 98,600,000
Line of Credit Facility, Interest Rate During Period	1.00%

Stock Repurchase Programs (Deta

Stock Repurchase Programs (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019
Schedule of Share Repurchase Program Activity [Abstract]
Stock Repurchase Program, Authorized Amount	$ 500,000		$ 500,000
Treasury Stock, Shares, Acquired	645,284	600,479	2,230,877	1,665,222
Amount of shares repurchased	$ 19,459	$ 35,213	$ 95,556	$ 101,514
Average price of shares repurchased (in dollars per share)	$ 30,160	$ 58.64	$ 42.83	$ 60.96
Repurchase of common stock remaining authorization	$ 173,100		$ 173,100

Income Taxes Income Taxes (Deta

Income Taxes Income Taxes (Details) (Details) - USD ($)	3 Months Ended	9 Months Ended		11 Months Ended
	Oct. 31, 2020	Oct. 31, 2020	Nov. 02, 2019	Dec. 31, 2017	Feb. 01, 2020
Income Tax Disclosure [Abstract]
Tax Benefits Related to State Income Tax Returns			$ 2.8
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent		21.00%		35.00%
Tax benefit related to carryback provision of the CARES Act	$ 32.4	$ 64.6
Income Taxes Receivable, Current	$ 126,973,000	$ 126,973,000	$ 0		$ 0

Reclassifications from Accumu_3

Reclassifications from Accumulated Other Comprehensive Loss ("AOCL") (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019	Feb. 01, 2020
Reclassifications from accumulated other comprehensive loss
Amortization of actuarial losses	$ 568	$ 0	$ 1,705	$ 0
Income before income taxes and income on and equity in losses of joint ventures	(230)	(2,902)	261,241	(51,523)
Income tax expense	31,620	2,560	122,550	(8,130)
Net Income	(31,850)	(5,462)	138,691	(43,393)
Net Actuarial Loss less than 10 percent of PBO					10.00%
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassifications from accumulated other comprehensive loss
Amortization of actuarial losses	568	0	1,705	0
Income tax expense	138	0	414	0
Net Income	$ 430	$ 0	$ 1,291	$ 0

Leases (Details)

Leases (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019	Feb. 01, 2020
Leases [Abstract]
Operating Lease, Right-of-Use Asset	$ 40,471	$ 48,600	$ 40,471	$ 48,600	$ 47,924
Finance Lease, Right-of-Use Asset	353	776	353	776	670
Right-of-Use Assets, Total	40,824	49,376	40,824	49,376	48,594
Operating Lease, Liability, Current	12,775	15,250	12,775	15,250	14,654
Operating Lease, Liability, Noncurrent	27,412	32,958	27,412	32,958	32,683
Operating Lease, Liability	40,187	48,200	40,187	48,200	47,300
Finance Lease, Liability, Current	849	1,148	849	1,148	1,219
Finance Lease, Liability, Noncurrent	180	1,029	180	1,029	695
Finance Lease, Liability	1,029		1,029
Lease Liabilities, Total	$ 41,216	50,385	$ 41,216	50,385	49,251
Operating Lease, Weighted Average Remaining Lease Term	6 years 3 months 18 days		6 years 3 months 18 days
Finance Lease, Weighted Average Remaining Lease Term	1 year 1 month 6 days		1 year 1 month 6 days
Operating Lease, Weighted Average Discount Rate, Percent	6.60%		6.60%
Finance Lease, Weighted Average Discount Rate, Percent	10.40%		10.40%
accumulated amortization finance leases	$ 14,200	13,800	$ 14,200	13,800	$ 13,900
Income and Expenses, Lessee [Abstract]
Finance Lease, Interest Expense	44	109	186	367
Finance Lease, Right-of-Use Asset, Amortization	106	106	317	317
Net Lease Cost	5,265	6,142	16,807	18,938
Short-term Lease, Cost	500	800	1,500	2,500
Variable Lease, Cost	400	300	1,100	1,000
Cash Flow, Operating Activities, Lessee [Abstract]
Operating Lease, Payments			14,490	15,060
Finance Lease, Interest Payment on Liability			186	367
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability			4,084	4,601
Cash Flow, Financing Activities, Lessee [Abstract]
Finance Lease, Principal Payments			885	703
Total lease liability payments [Abstract]
2020, Remainder Fiscal Year	3,907		3,907
2021	14,880		14,880
2022	7,811		7,811
2023	4,496		4,496
2024	3,714		3,714
After 2024	15,916		15,916
Lease Liability, Payments Due	50,724		50,724
Lease Liability, Undiscounted Excess Amount	(9,508)		(9,508)
Finance Lease Liabilities, Payments, Due [Abstract]
2020, Remainder of Fiscal Year	357		357
2021	726		726
2022	0		0
2023	0		0
2024	0		0
After 2024	0		0
Finance Lease, Liability, Payments, Due	1,083		1,083
Finance Lease, Liability, Undiscounted Excess Amount	(54)		(54)
Operating Lease Liabilities, Payments Due [Abstract]
2020, Remainder of Fiscal Year	3,550		3,550
2021	14,154		14,154
2022	7,811		7,811
2023	4,496		4,496
2024	3,714		3,714
After 2024	15,916		15,916
Lessee, Operating Lease, Liability, Payments, Due	49,641		49,641
Lessee, Operating Lease, Liability, Undiscounted Excess Amount	(9,454)		(9,454)
Lessee, Operating Lease, Description [Abstract]
Rentals	$ 5,115	$ 5,927	$ 16,304	$ 18,254
Minimum [Member]
Lessee, Operating Lease, Description [Abstract]
Lessee, Operating Lease, Renewal Term	2 years		2 years
Maximum [Member]
Lessee, Operating Lease, Description [Abstract]
Lessee, Operating Lease, Renewal Term	20 years		20 years

Changes in Accumulated Other _3

Changes in Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019
Changes in accumulated other comprehensive loss
Beginning balance			$ 31,059
Net other comprehensive income	$ (430)		(1,291)
Ending balance	29,768	$ 12,809	29,768	$ 12,809
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Changes in accumulated other comprehensive loss
Beginning balance	30,198	12,809	31,059	12,809
Amounts reclassified from AOCL	(430)	0	(1,291)	0
Ending balance	$ 29,768	$ 12,809	$ 29,768	$ 12,809

Gain on Disposal of Assets (Det

Gain on Disposal of Assets (Details) - USD ($)	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019
Gain on disposal of assets
Proceeds from disposal of assets	$ 1.5		$ 1,533,000	$ 22,031,000
Gain on disposal of assets	$ (2,221,000)	$ (304,000)	$ (2,235,000)	$ 11,996,000

Fair Value Disclosures (Details

Fair Value Disclosures (Details) - USD ($) $ in Thousands	Oct. 31, 2020	Feb. 01, 2020	Nov. 02, 2019
Fair value disclosures
Subordinated debentures	$ 200,000	$ 200,000	$ 200,000
Fair Value of Assets
Fair value disclosures
Long-term debt, including current portion, fair value	384,000
Subordinated debentures	183,000
Carrying value
Fair value disclosures
Long-term debt, including current portion	365,800
Subordinated debentures	$ 200,000