Dillard's (DDS) 10-Q 3 Jun 22 2022 Q1 Quarterly report Financial data

Cover Page

Cover Page - shares	3 Months Ended
	Apr. 30, 2022	May 28, 2022
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Apr. 30, 2022
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 Shell Company	false
Entity Central Index Key	0000028917
Current Fiscal Year End Date	--01-28
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q1
Amendment Flag	false
Common Stock Class A
Entity Common Stock, Shares Outstanding		13,537,031
Common Stock Class B
Entity Common Stock, Shares Outstanding		3,986,233

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Apr. 30, 2022	Jan. 29, 2022	May 01, 2021
Current assets:
Cash and cash equivalents	$ 862,173	$ 716,759	$ 615,920
Accounts receivable	30,920	39,777	33,941
Merchandise inventories	1,364,975	1,080,178	1,306,508
Federal and state income taxes			73,461
Other current assets	96,193	77,937	79,004
Total current assets	2,354,261	1,914,651	2,108,834
Property and equipment (net of accumulated depreciation and amortization of $2,554,485, $2,517,915 and $2,488,446, respectively)	1,170,265	1,190,151	1,257,254
Operating lease assets	39,743	42,941	47,716
Deferred income taxes	29,115	28,931	24,815
Other assets	65,424	68,883	69,041
Total assets	3,658,808	3,245,557	3,507,660
Current liabilities:
Trade accounts payable and accrued expenses	1,163,293	886,233	1,075,534
Current portion of long-term debt	44,800	44,800
Current portion of finance lease liabilities			527
Current portion of operating lease liabilities	11,344	11,712	12,960
Federal and state income taxes	99,288	23,441
Total current liabilities	1,318,725	966,186	1,089,021
Long-term debt	321,274	321,247	365,884
Operating lease liabilities	28,512	30,969	34,536
Other liabilities	277,964	275,937	280,522
Subordinated debentures	200,000	200,000	200,000
Commitments and contingencies
Stockholders' equity:
Common stock	1,240	1,240	1,240
Additional paid-in capital	956,653	956,653	954,131
Accumulated other comprehensive loss	(22,617)	(22,798)	(34,406)
Retained earnings	5,275,371	5,027,922	4,626,243
Less treasury stock, at cost	(4,698,314)	(4,511,799)	(4,009,511)
Total stockholders' equity	1,512,333	1,451,218	1,537,697
Total liabilities and stockholders' equity	$ 3,658,808	$ 3,245,557	$ 3,507,660

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Apr. 30, 2022	Jan. 29, 2022	May 01, 2021
Statement of Financial Position [Abstract]
Property and equipment, accumulated depreciation and amortization	$ 2,554,485	$ 2,517,915	$ 2,488,446

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2022	May 01, 2021
Income Statement [Abstract]
Net sales	$ 1,611,668	$ 1,328,543
Service charges and other income	31,114	28,992
Total net sales, service charges and other income	1,642,782	1,357,535
Cost of sales	861,437	774,089
Selling, general and administrative expenses	400,773	336,614
Depreciation and amortization	46,209	46,408
Rentals	5,079	5,111
Interest and debt expense, net	10,562	11,535
Other expense	1,936	4,964
Gain on disposal of assets	(7,237)	(24,673)
Income before income taxes	324,023	203,487
Income taxes	72,930	45,240
Net income	$ 251,093	$ 158,247
Earnings per share:
Earnings per share - Basic	$ 13.68	$ 7.25
Earnings per share - Diluted	$ 13.68	$ 7.25

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2022	May 01, 2021
Statement of Comprehensive Income [Abstract]
Net income	$ 251,093	$ 158,247
Other comprehensive income:
Amortization of retirement plan and other retiree benefit adjustments (net of tax of $58 and $168, respectively)	181	529
Comprehensive income	$ 251,274	$ 158,776

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2022	May 01, 2021
Statement of Comprehensive Income [Abstract]
Amortization of retirement plan and other retiree benefit adjustments, tax	$ 58	$ 168

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Common Stock	Additional Paid-in Capital	Accumulated Other Comprehensive Loss	Retained Earnings	Treasury Stock, Common	Total
Balance at Jan. 30, 2021	$ 1,240	$ 954,131	$ (34,935)	$ 4,471,269	$ (3,950,697)	$ 1,441,008
Increase (Decrease) in Stockholders' Equity
Net income				158,247		158,247
Other comprehensive income			529			529
Purchase of 735,117 and 624,893 shares of treasury stock during the three months ended April 30, 2022 and May 1, 2021, respectively					(58,814)	(58,814)
Cash dividends declared:
Common Stock, $0.20 and $0.15 per share for the three months ended April 30, 2022 and May 1, 2021, respectively				(3,273)		(3,273)
Balance at May. 01, 2021	1,240	954,131	(34,406)	4,626,243	(4,009,511)	1,537,697
Balance at Jan. 29, 2022	1,240	956,653	(22,798)	5,027,922	(4,511,799)	1,451,218
Increase (Decrease) in Stockholders' Equity
Net income				251,093		251,093
Other comprehensive income			181			181
Purchase of 735,117 and 624,893 shares of treasury stock during the three months ended April 30, 2022 and May 1, 2021, respectively					(186,515)	(186,515)
Cash dividends declared:
Common Stock, $0.20 and $0.15 per share for the three months ended April 30, 2022 and May 1, 2021, respectively				(3,644)		(3,644)
Balance at Apr. 30, 2022	$ 1,240	$ 956,653	$ (22,617)	$ 5,275,371	$ (4,698,314)	$ 1,512,333

CONDENSED CONSOLIDATED STATEM_5

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Parenthetical) - $ / shares	3 Months Ended
	Apr. 30, 2022	May 01, 2021
CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY [Abstract]
Treasury stock, shares acquired	735,117	624,893
Common stock, declared dividends per share	$ 0.20	$ 0.15

CONDENSED CONSOLIDATED STATEM_6

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2022	May 01, 2021
Operating activities:
Net income	$ 251,093	$ 158,247
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization of property and other deferred cost	46,606	47,241
Gain on disposal of assets	(7,237)	(24,673)
Proceeds from insurance		1,755
Loss on early extinguishment of debt		2,830
Changes in operating assets and liabilities:
Decrease in accounts receivable	8,857	2,752
Increase in merchandise inventories	(284,797)	(218,745)
Increase in other current assets	(18,468)	(23,113)
Increase in other assets	(447)	(461)
Increase in trade accounts payable and accrued expenses and other liabilities	293,551	311,416
Increase in income taxes	76,024	45,164
Net cash provided by operating activities	365,182	302,413
Investing activities:
Purchase of property and equipment and capitalized software	(27,312)	(16,850)
Proceeds from disposal of assets	8,090	29,276
Proceeds from insurance	4,438	1,757
Net cash (used in) provided by investing activities	(14,784)	14,183
Financing activities:
Principal payments on long-term debt and finance lease liabilities		(168)
Issuance cost of line of credit		(2,733)
Cash dividends paid	(3,879)	(3,300)
Purchase of treasury stock	(201,105)	(54,814)
Net cash used in financing activities	(204,984)	(61,015)
Increase in cash and cash equivalents	145,414	255,581
Cash and cash equivalents, beginning of period	716,759	360,339
Cash and cash equivalents, end of period	862,173	615,920
Non-cash transactions:
Accrued capital expenditures	6,667	8,808
Accrued purchase of treasury stock	$ 1,643	4,000
Lease assets obtained in exchange for new operating lease liabilities		$ 3,815

Basis of Presentation

Basis of Presentation	3 Months Ended
	Apr. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Note 1. 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 months ended April 30, 2022 are not necessarily indicative of the results that may be expected for the fiscal year ending January 28, 2023 due to, among other factors, the seasonal nature of the business. 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 January 29, 2022 filed with the SEC on March 29, 2022.

Accounting Standards

Accounting Standards	3 Months Ended
	Apr. 30, 2022
Accounting Standards Update and Change in Accounting Principle [Abstract]
Accounting Standards	Note 2. Accounting Standards Recently Issued Accounting Pronouncements Management believes there is no accounting guidance issued but not yet effective that would be relevant to the Company’s current financial statements.

Business Segments

Business Segments	3 Months Ended
	Apr. 30, 2022
Segment Reporting [Abstract]
Business Segments	Note 3. 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 ​ ​ April 30, ​ May 1, ​ ​ ​ 2022 2021 Retail operations segment ​ ​ Cosmetics ​ 14 % 14 % Ladies’ apparel 23 23 ​ Ladies’ accessories and lingerie 13 15 ​ Juniors’ and children’s apparel 11 11 ​ Men’s apparel and accessories 19 17 ​ Shoes 15 15 ​ Home and furniture 3 3 ​ ​ 98 98 ​ Construction segment 2 2 ​ Total ​ 100 % 100 % ​ The following tables summarize certain segment information, including the reconciliation of those items to the Company’s consolidated operations: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Retail ​ ​ ​ ​ (in thousands of dollars) ​ Operations ​ Construction ​ Consolidated Three Months Ended April 30, 2022 ​ ​ ​ Net sales from external customers ​ $ 1,580,799 ​ $ 30,869 ​ $ 1,611,668 Gross margin ​ 748,444 ​ 1,787 ​ 750,231 Depreciation and amortization ​ 46,151 ​ 58 ​ 46,209 Interest and debt expense (income), net ​ 10,569 ​ (7) ​ 10,562 Income (loss) before income taxes ​ 324,142 ​ (119) ​ 324,023 Total assets ​ 3,617,164 ​ 41,644 ​ 3,658,808 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended May 1, 2021 ​ ​ ​ Net sales from external customers ​ $ 1,296,736 ​ $ 31,807 ​ $ 1,328,543 Gross margin ​ 553,001 ​ 1,453 ​ 554,454 Depreciation and amortization ​ 46,338 ​ 70 ​ 46,408 Interest and debt expense (income), net ​ 11,550 ​ (15) ​ 11,535 Income before income taxes ​ 203,198 ​ 289 ​ 203,487 Total assets ​ 3,460,352 ​ 47,308 ​ 3,507,660 ​ Intersegment construction revenues of $10.0 million and $4.3 million for the three months ended April 30, 2022 and May 1, 2021, 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 customer loyalty program associated with Dillard’s private label cards 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 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ April 30, ​ January 29, ​ May 1, ​ January 30, (in thousands of dollars) 2022 2022 2021 2021 Contract liabilities ​ $ 71,779 ​ $ 80,421 ​ $ 61,367 ​ $ 68,021 ​ During the three months ended April 30, 2022 and May 1, 2021, the Company recorded $25.2 million and $18.1 million, respectively, in revenue that was previously included in the retail operations contract liability balances of $80.4 million and $68.0 million at January 29, 2022 and January 30, 2021, 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 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ April 30, ​ January 29, ​ May 1, ​ January 30, (in thousands of dollars) ​ 2022 ​ 2022 ​ 2021 ​ 2021 Accounts receivable ​ $ 20,895 ​ $ 25,912 ​ $ 24,064 ​ $ 25,094 Costs and estimated earnings in excess of billings on uncompleted contracts ​ 3,342 ​ 2,847 ​ 1,195 ​ 450 Billings in excess of costs and estimated earnings on uncompleted contracts ​ 7,511 ​ 6,298 ​ 4,941 ​ 4,685 ​ During the three months ended April 30, 2022 and May 1, 2021, the Company recorded $5.8 million and $3.7 million, respectively, in revenue that was previously included in billings in excess of costs and estimated earnings on uncompleted contracts of $6.3 million and $4.7 million at January 29, 2022 and January 30, 2021, respectively. The remaining performance obligations related to executed construction contracts totaled $96.1 million, $93.9 million and $54.4 million at April 30, 2022, January 29, 2022 and May 1, 2021, respectively.

Earnings Per Share Data

Earnings Per Share Data	3 Months Ended
	Apr. 30, 2022
Earnings Per Share [Abstract]
Earnings Per Share Data	Note 4. Earnings Per Share Data The following table sets forth the computation of basic and diluted earnings per share for the periods indicated (in thousands, except per share data). ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ April 30, May 1, ​ ​ 2022 ​ 2021 Net income ​ $ 251,093 ​ $ 158,247 ​ ​ ​ ​ ​ ​ ​ Weighted average shares of common stock outstanding ​ 18,351 ​ 21,837 ​ ​ ​ ​ ​ ​ ​ Basic and diluted earnings per share ​ $ 13.68 ​ $ 7.25 ​ The Company maintains a capital structure in which common stock is the only equity security issued and outstanding, and there were no shares of preferred stock, stock options, other dilutive securities or potentially dilutive securities issued or outstanding during the three months ended April 30, 2022 and May 1, 2021.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Apr. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 5. 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 April 30, 2022, letters of credit totaling $19.3 million were issued under the Company’s revolving credit facility. See Note 7, Revolving Credit Agreement

Benefit Plans

Benefit Plans	3 Months Ended
	Apr. 30, 2022
Retirement Benefits [Abstract]
Benefit Plans	Note 6. 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 $1.6 million to the Pension Plan during the three months ended April 30, 2022 and expects to make additional contributions to the Pension Plan of approximately $4.8 million during the remainder of fiscal 2022. The components of net periodic benefit costs are as follows (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ April 30, May 1, ​ ​ 2022 ​ 2021 Components of net periodic benefit costs: ​ ​ ​ ​ ​ ​ Service cost ​ $ 1,019 ​ $ 1,067 Interest cost ​ 1,697 ​ 1,437 Net actuarial loss ​ 239 ​ 697 Net periodic benefit costs ​ $ 2,955 ​ $ 3,201 ​ The service cost component of net periodic benefit costs is included in selling, general and administrative expenses, and the interest cost and net actuarial loss components are included in other expense.

Revolving Credit Agreement

Revolving Credit Agreement	3 Months Ended
	Apr. 30, 2022
Line of Credit Facility [Abstract]
Short-term Debt	Note 7. Revolving Credit Agreement The Company maintains a credit facility (“credit agreement”) 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 credit agreement provides a borrowing capacity of $800 million, subject to certain limitations as outlined in the credit agreement, with a $200 million expansion option. In April 2021, the Company amended the credit agreement (the "2021 amendment"). Pursuant to the 2021 amendment, the Company pays a variable rate of interest on borrowings under the credit agreement and a commitment fee to the participating banks. The rate of interest on borrowings is LIBOR plus 1.75% if average quarterly availability is less than 50% of the total commitment, as defined in the 2021 amended credit agreement ("total commitment"), and the rate of interest on borrowings is LIBOR plus 1.50% if average quarterly availability is greater than or equal to 50% of the total commitment. The commitment fee for unused borrowings is 0.30% per annum if average borrowings are less than 35% of the total commitment and 0.25% if average borrowings are greater than or equal to 35% of the total commitment. As long as availability exceeds $80 million and certain events of default have not occurred and are not continuing, there are no financial covenant requirements under the credit agreement. The credit agreement, as amended by the 2021 amendment, matures on April 28, 2026. At April 30, 2022, no borrowings were outstanding, and letters of credit totaling $19.3 million were issued under the credit agreement leaving unutilized availability under the facility of $780.7 million.

Stock Repurchase Programs

Stock Repurchase Programs	3 Months Ended
	Apr. 30, 2022
Schedule of Share Repurchase Program Activity [Abstract]
Stock Repurchase Programs	Note 8. Stock Repurchase Programs In March 2018, the Company announced that its Board of Directors approved a stock repurchase program authorizing the Company to repurchase up to $500 million of its Class A Common Stock ("March 2018 Stock Plan"). In May 2021, the Company announced that its Board of Directors approved a stock repurchase program authorizing the Company to repurchase up to $500 million of its Class A Common Stock ("May 2021 Stock Plan"). In February 2022, the Company announced that its Board of Directors approved a stock repurchase program authorizing the Company to repurchase up to $500 million of its Class A Common Stock under an open-ended plan (“February 2022 Stock Plan”). 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 following is a summary of share repurchase activity for the periods indicated (in thousands, except per share data): ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ ​ April 30, May 1, ​ ​ 2022 ​ 2021 Cost of shares repurchased ​ $ 186,515 ​ $ 58,814 Number of shares repurchased ​ 735 ​ 625 Average price per share ​ $ 253.72 ​ $ 94.12 ​ All repurchases of the Company’s Class A Common Stock above were made at the market price at the trade date, and all amounts paid to reacquire these shares were allocated to treasury stock. As of April 30, 2022, the Company had completed the authorized purchases under the March 2018 Stock Plan and the May 2021 Stock Plan, and

Income Taxes

Income Taxes	3 Months Ended
	Apr. 30, 2022
Income Tax Disclosure [Abstract]
Income Taxes	Note 9. Income Taxes During the three months ended April 30, 2022 and May 1, 2021, income tax expense differed from what would be computed using the statutory federal income tax rate primarily due to the effects of state and local income taxes.

Leases

Leases	3 Months Ended
	Apr. 30, 2022
Leases [Abstract]
Lessee, Operating Leases [Text Block]	Note 10. Leases The Company leases retail stores, office space and equipment under operating leases. As of April 30, 2022, January 29, 2022, and May 1, 2021, right-of-use operating lease assets, which are recorded in operating lease assets in the condensed consolidated balance sheets, totaled $39.7 million, $42.9 million and $47.7 million, respectively, and operating lease liabilities, which are recorded in current portion of operating lease liabilities and operating lease liabilities, totaled $39.9 million, $42.7 million and $47.5 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. GAAP 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 of five 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: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ April 30, January 29, May 1, (in thousands of dollars) ​ Classification - Condensed Consolidated Balance Sheets ​ 2022 ​ 2022 ​ 2021 Assets ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Finance lease assets Property and equipment, net (a) ​ $ — ​ $ — ​ $ 185 Operating lease assets Operating lease assets ​ 39,743 ​ 42,941 ​ 47,716 Total leased assets ​ ​ ​ $ 39,743 ​ $ 42,941 ​ $ 47,901 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Liabilities ​ ​ ​ Current ​ ​ ​ Finance Current portion of finance lease liabilities ​ $ — ​ $ — ​ $ 527 Operating Current portion of operating lease liabilities ​ 11,344 ​ 11,712 ​ 12,960 Noncurrent ​ ​ ​ Finance Finance lease liabilities ​ — ​ — ​ — Operating Operating lease liabilities ​ 28,512 ​ 30,969 ​ 34,536 Total lease liabilities ​ $ 39,856 ​ $ 42,681 ​ $ 48,023 (a) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Lease Cost ​ ​ Three Months Ended (in thousands of dollars) ​ Classification - Condensed Consolidated Statements of Income ​ April 30, 2022 ​ May 1, 2021 Operating lease cost (a) Rentals ​ $ 5,079 ​ $ 5,111 Finance lease cost ​ ​ Amortization of leased assets Depreciation and amortization ​ — ​ 62 Interest on lease liabilities Interest and debt expense, net ​ — ​ 14 Net lease cost ​ $ 5,079 ​ $ 5,187 (a) Maturities of Lease Liabilities ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands of dollars) Operating Finance ​ ​ Fiscal Year ​ Leases ​ Leases ​ Total 2022 (excluding the three months ended April 30, 2022) ​ $ 10,317 ​ $ — ​ $ 10,317 2023 ​ 10,959 ​ — ​ 10,959 2024 ​ 6,289 ​ — ​ 6,289 2025 ​ 5,507 ​ — ​ 5,507 2026 ​ 3,809 ​ — ​ 3,809 After 2026 ​ 10,748 ​ — ​ 10,748 Total minimum lease payments ​ 47,629 ​ — ​ 47,629 Less amount representing interest ​ (7,773) ​ — ​ (7,773) Present value of lease liabilities ​ $ 39,856 ​ $ — ​ $ 39,856 ​ Lease Term and Discount Rate ​ ​ ​ ​ ​ ​ April 30, ​ ​ 2022 Weighted-average remaining lease term ​ Operating leases 5.8 years Weighted-average discount rate ​ Operating leases 6.1 % ​ Other Information ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ ​ April 30, May 1, (in thousands of dollars) ​ 2022 ​ 2021 Cash paid for amounts included in the measurement of lease liabilities ​ ​ Operating cash flows from operating leases ​ $ 3,485 ​ $ 4,244 Operating cash flows from finance leases ​ — ​ 14 Financing cash flows from finance leases ​ ​ — ​ ​ 168 ​

Gain on Disposal of Assets

Gain on Disposal of Assets	3 Months Ended
	Apr. 30, 2022
Discontinued Operations and Disposal Groups [Abstract]
(Gain) Loss on Disposal of Fixed Assets	Note 11. Gain on Disposal of Assets During the three months ended April 30, 2022, the Company recorded proceeds of $8.1 million primarily from the sale of one store property, resulting in a gain of $7.2 million that was recorded in gain on disposal of assets. During the three months ended May 1, 2021, the Company recorded proceeds of $29.3 million primarily from the sale of three store properties, resulting in a gain of $24.7 million that was recorded in gain on disposal of assets.

Fair Value Disclosures

Fair Value Disclosures	3 Months Ended
	Apr. 30, 2022
Fair Value Disclosures [Abstract]
Fair Value Disclosures	Note 12. 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 and cash equivalents and accounts receivable approximates their carrying values at April 30, 2022 due to the short-term maturities of these instruments. The fair value of the Company’s long-term debt at April 30, 2022 was approximately $398 million. The carrying value of the Company’s long-term debt at April 30, 2022 was $366.1 million. The fair value of the Company’s subordinated debentures at April 30, 2022 was approximately $218 million. The carrying value of the Company’s subordinated debentures at April 30, 2022 was $200 million.

Business Segments (Tables)

Business Segments (Tables)	3 Months Ended
	Apr. 30, 2022
Segment Reporting [Abstract]
Schedule of percentage of net sales by segment and major product line	​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ ​ April 30, ​ May 1, ​ ​ ​ 2022 2021 Retail operations segment ​ ​ Cosmetics ​ 14 % 14 % Ladies’ apparel 23 23 ​ Ladies’ accessories and lingerie 13 15 ​ Juniors’ and children’s apparel 11 11 ​ Men’s apparel and accessories 19 17 ​ Shoes 15 15 ​ Home and furniture 3 3 ​ ​ 98 98 ​ Construction segment 2 2 ​ Total ​ 100 % 100 %
Schedule of segment reporting information, by segment	The following tables summarize certain segment information, including the reconciliation of those items to the Company’s consolidated operations: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Retail ​ ​ ​ ​ (in thousands of dollars) ​ Operations ​ Construction ​ Consolidated Three Months Ended April 30, 2022 ​ ​ ​ Net sales from external customers ​ $ 1,580,799 ​ $ 30,869 ​ $ 1,611,668 Gross margin ​ 748,444 ​ 1,787 ​ 750,231 Depreciation and amortization ​ 46,151 ​ 58 ​ 46,209 Interest and debt expense (income), net ​ 10,569 ​ (7) ​ 10,562 Income (loss) before income taxes ​ 324,142 ​ (119) ​ 324,023 Total assets ​ 3,617,164 ​ 41,644 ​ 3,658,808 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended May 1, 2021 ​ ​ ​ Net sales from external customers ​ $ 1,296,736 ​ $ 31,807 ​ $ 1,328,543 Gross margin ​ 553,001 ​ 1,453 ​ 554,454 Depreciation and amortization ​ 46,338 ​ 70 ​ 46,408 Interest and debt expense (income), net ​ 11,550 ​ (15) ​ 11,535 Income before income taxes ​ 203,198 ​ 289 ​ 203,487 Total assets ​ 3,460,352 ​ 47,308 ​ 3,507,660
Schedule of contract liabilities - Retail	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Retail ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ April 30, ​ January 29, ​ May 1, ​ January 30, (in thousands of dollars) 2022 2022 2021 2021 Contract liabilities ​ $ 71,779 ​ $ 80,421 ​ $ 61,367 ​ $ 68,021
Schedule of accounts receivable, contract assets and liabilities - Construction	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Construction ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ April 30, ​ January 29, ​ May 1, ​ January 30, (in thousands of dollars) ​ 2022 ​ 2022 ​ 2021 ​ 2021 Accounts receivable ​ $ 20,895 ​ $ 25,912 ​ $ 24,064 ​ $ 25,094 Costs and estimated earnings in excess of billings on uncompleted contracts ​ 3,342 ​ 2,847 ​ 1,195 ​ 450 Billings in excess of costs and estimated earnings on uncompleted contracts ​ 7,511 ​ 6,298 ​ 4,941 ​ 4,685

Earnings Per Share Data (Tables

Earnings Per Share Data (Tables)	3 Months Ended
	Apr. 30, 2022
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 per share for the periods indicated (in thousands, except per share data). ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ April 30, May 1, ​ ​ 2022 ​ 2021 Net income ​ $ 251,093 ​ $ 158,247 ​ ​ ​ ​ ​ ​ ​ Weighted average shares of common stock outstanding ​ 18,351 ​ 21,837 ​ ​ ​ ​ ​ ​ ​ Basic and diluted earnings per share ​ $ 13.68 ​ $ 7.25

Benefit Plans (Tables)

Benefit Plans (Tables)	3 Months Ended
	Apr. 30, 2022
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 ​ April 30, May 1, ​ ​ 2022 ​ 2021 Components of net periodic benefit costs: ​ ​ ​ ​ ​ ​ Service cost ​ $ 1,019 ​ $ 1,067 Interest cost ​ 1,697 ​ 1,437 Net actuarial loss ​ 239 ​ 697 Net periodic benefit costs ​ $ 2,955 ​ $ 3,201 ​

Stock Repurchase Programs Sched

Stock Repurchase Programs Schedule of Repurchase Program Activity (Tables)	3 Months Ended
	Apr. 30, 2022
Schedule of Share Repurchase Program Activity [Abstract]
Schedule of share repurchase activity	The following is a summary of share repurchase activity for the periods indicated (in thousands, except per share data): ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ ​ April 30, May 1, ​ ​ 2022 ​ 2021 Cost of shares repurchased ​ $ 186,515 ​ $ 58,814 Number of shares repurchased ​ 735 ​ 625 Average price per share ​ $ 253.72 ​ $ 94.12

Leases (Tables)

Leases (Tables)	3 Months Ended
	Apr. 30, 2022
Leases [Abstract]
Schedule of operating and finance lease assets and liabilities	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ April 30, January 29, May 1, (in thousands of dollars) ​ Classification - Condensed Consolidated Balance Sheets ​ 2022 ​ 2022 ​ 2021 Assets ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Finance lease assets Property and equipment, net (a) ​ $ — ​ $ — ​ $ 185 Operating lease assets Operating lease assets ​ 39,743 ​ 42,941 ​ 47,716 Total leased assets ​ ​ ​ $ 39,743 ​ $ 42,941 ​ $ 47,901 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Liabilities ​ ​ ​ Current ​ ​ ​ Finance Current portion of finance lease liabilities ​ $ — ​ $ — ​ $ 527 Operating Current portion of operating lease liabilities ​ 11,344 ​ 11,712 ​ 12,960 Noncurrent ​ ​ ​ Finance Finance lease liabilities ​ — ​ — ​ — Operating Operating lease liabilities ​ 28,512 ​ 30,969 ​ 34,536 Total lease liabilities ​ $ 39,856 ​ $ 42,681 ​ $ 48,023 (a)
Schedule of lease cost	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Lease Cost ​ ​ Three Months Ended (in thousands of dollars) ​ Classification - Condensed Consolidated Statements of Income ​ April 30, 2022 ​ May 1, 2021 Operating lease cost (a) Rentals ​ $ 5,079 ​ $ 5,111 Finance lease cost ​ ​ Amortization of leased assets Depreciation and amortization ​ — ​ 62 Interest on lease liabilities Interest and debt expense, net ​ — ​ 14 Net lease cost ​ $ 5,079 ​ $ 5,187 (a)
Schedule of operating lease maturities	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands of dollars) Operating Finance ​ ​ Fiscal Year ​ Leases ​ Leases ​ Total 2022 (excluding the three months ended April 30, 2022) ​ $ 10,317 ​ $ — ​ $ 10,317 2023 ​ 10,959 ​ — ​ 10,959 2024 ​ 6,289 ​ — ​ 6,289 2025 ​ 5,507 ​ — ​ 5,507 2026 ​ 3,809 ​ — ​ 3,809 After 2026 ​ 10,748 ​ — ​ 10,748 Total minimum lease payments ​ 47,629 ​ — ​ 47,629 Less amount representing interest ​ (7,773) ​ — ​ (7,773) Present value of lease liabilities ​ $ 39,856 ​ $ — ​ $ 39,856
Schedule of lease term and discount rate	​ ​ ​ ​ ​ ​ April 30, ​ ​ 2022 Weighted-average remaining lease term ​ Operating leases 5.8 years Weighted-average discount rate ​ Operating leases 6.1 %
Schedule of other lease information	​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ ​ April 30, May 1, (in thousands of dollars) ​ 2022 ​ 2021 Cash paid for amounts included in the measurement of lease liabilities ​ ​ Operating cash flows from operating leases ​ $ 3,485 ​ $ 4,244 Operating cash flows from finance leases ​ — ​ 14 Financing cash flows from finance leases ​ ​ — ​ ​ 168

Business Segments (Details)

Business Segments (Details) $ in Thousands	3 Months Ended
	Apr. 30, 2022USD ($)segment	May 01, 2021USD ($)	Jan. 29, 2022USD ($)	Jan. 30, 2021USD ($)
Business Segments
Number of Reportable Segments | segment	2
Concentration Risk, Percentage	100.00%	100.00%
Net sales from external customers	$ 1,611,668	$ 1,328,543
Gross margin	750,231	554,454
Depreciation and amortization	46,209	46,408
Interest and debt expense (income), net	10,562	11,535
Income (loss) before income taxes	324,023	203,487
Total assets	3,658,808	3,507,660	$ 3,245,557
Contract liabilities	71,779	61,367	80,421	$ 68,021
Contract liabilities, revenue recognized	25,200	18,100
Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract]
Accounts Receivable, Construction Segment	20,895	24,064	25,912	25,094
Costs and estimated earnings in excess of billings on uncompleted contracts, construction segment	3,342	1,195	2,847	450
Billings in excess of costs and estimated earnings on uncompleted contracts, construction segment	7,511	4,941	6,298	$ 4,685
Revenue Recognized, previously recorded in Billings in excess of costs and estimated earnings, construction segment	5,800	3,700
Revenue, Remaining Performance Obligation, Amount, construction segment	$ 96,100	54,400	$ 93,900
Retail operations
Business Segments
Number of Reportable Segments | segment	1
Number of store formats | segment	1
Net sales from external customers	$ 1,580,799	1,296,736
Gross margin	748,444	553,001
Depreciation and amortization	46,151	46,338
Interest and debt expense (income), net	10,569	11,550
Income (loss) before income taxes	324,142	203,198
Total assets	$ 3,617,164	$ 3,460,352
Retail operations | Product Concentration Risk | Revenue, Product and Service Benchmark
Business Segments
Concentration Risk, Percentage	98.00%	98.00%
Construction
Business Segments
Net sales from external customers	$ 30,869	$ 31,807
Gross margin	1,787	1,453
Depreciation and amortization	58	70
Interest and debt expense (income), net	(7)	(15)
Income (loss) before income taxes	(119)	289
Total assets	$ 41,644	$ 47,308
Construction | Product Concentration Risk | Revenue, Product and Service Benchmark
Business Segments
Concentration Risk, Percentage	2.00%	2.00%
Intersegment Eliminations
Business Segments
Net sales from external customers	$ 10,000	$ 4,300
Cosmetics | Retail operations | Product Concentration Risk | Revenue, Product and Service Benchmark
Business Segments
Concentration Risk, Percentage	14.00%	14.00%
Ladies Apparel | Retail operations | Product Concentration Risk | Revenue, Product and Service Benchmark
Business Segments
Concentration Risk, Percentage	23.00%	23.00%
Ladies Accessories and Lingerie | Retail operations | Product Concentration Risk | Revenue, Product and Service Benchmark
Business Segments
Concentration Risk, Percentage	13.00%	15.00%
Juniors and Children's Apparel | Retail operations | Product Concentration Risk | Revenue, Product and Service Benchmark
Business Segments
Concentration Risk, Percentage	11.00%	11.00%
Mens Apparel and Accessories | Retail operations | Product Concentration Risk | Revenue, Product and Service Benchmark
Business Segments
Concentration Risk, Percentage	19.00%	17.00%
Shoes | Retail operations | Product Concentration Risk | Revenue, Product and Service Benchmark
Business Segments
Concentration Risk, Percentage	15.00%	15.00%
Home and Furniture | Retail operations | Product Concentration Risk | Revenue, Product and Service Benchmark
Business Segments
Concentration Risk, Percentage	3.00%	3.00%

Earnings Per Share Data - Sched

Earnings Per Share Data - Schedule (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Apr. 30, 2022	May 01, 2021
Earnings Per Share [Abstract]
Net income - Basic	$ 251,093	$ 158,247
Net income - Diluted	$ 251,093	$ 158,247
Weighted average shares of common stock outstanding - Basic	18,351	21,837
Weighted average shares of common stock outstanding - Diluted	18,351	21,837
Earnings per share - Basic	$ 13.68	$ 7.25
Earnings per share - Diluted	$ 13.68	$ 7.25

Earnings Per Share Data - Narra

Earnings Per Share Data - Narrative (Details) - shares	Apr. 30, 2022	May 01, 2021
Earnings Per Share [Abstract]
Total dilutive and potentially dilutive securities outstanding (in shares)	0	0

Commitments and Contingencies (

Commitments and Contingencies (Details) $ in Millions	Apr. 30, 2022USD ($)
Commitments and Contingencies Disclosure [Abstract]
Outstanding letters of credit under the Company's revolving credit facility	$ 19.3

Benefit Plans (Details)

Benefit Plans (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2022	May 01, 2021
Retirement Benefits [Abstract]
Employer contributions to pension plan	$ 1,600
Defined Benefit Plan, Expected Future Benefit Payment, Remainder of Year	4,800
Components of net periodic benefit costs:
Service cost	1,019	$ 1,067
Interest cost	1,697	1,437
Net actuarial loss	239	697
Net periodic benefit costs	$ 2,955	$ 3,201

Revolving Credit Agreement (Det

Revolving Credit Agreement (Details) - USD ($) $ in Millions	1 Months Ended
	May 01, 2021	Apr. 30, 2022
Line of Credit Facility [Abstract]
Borrowing capacity		$ 800
Expansion option		200
Reference rate	LIBOR
Basis spread on variable rate, condition one	1.75%
Quarterly availability, percentage of commitment fee maximum for condition one	50.00%
Basis spread on variable rate, condition two	1.50%
Quarterly availability, percentage of commitment fee minimum for condition two	50.00%
Commitment fee for unused borrowings, condition one	0.30%
Unused borrowings, percentage of total commitment maximum for condition one	35.00%
Commitment fee for unused borrowings, condition two	0.25%
Unused borrowings, percentage of total commitment minimum for condition two	35.00%
Minimum line of credit availability for no financial covenant requirements	$ 80
Borrowings outstanding		0
Letters of credit issued		19.3
Unutilized credit facility borrowing capacity		$ 780.7

Stock Repurchase Programs (Deta

Stock Repurchase Programs (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Apr. 30, 2022	May 01, 2021	Feb. 26, 2022	May 29, 2021	Mar. 31, 2018
Stock repurchase programs
Cost of shares repurchased	$ 186,515	$ 58,814
Number of shares repurchased	735,117	624,893
Average price per share	$ 253.72	$ 94.12
March 2018 Stock Plan | Common Stock Class A | Maximum
Stock repurchase programs
Stock Repurchase Program, Authorized Amount					$ 500,000
May 2021 Stock Plan | Common Stock Class A | Maximum
Stock repurchase programs
Stock Repurchase Program, Authorized Amount				$ 500,000
February 2022 Stock Plan | Common Stock Class A
Stock repurchase programs
Repurchase of common stock remaining authorization	$ 425,500
February 2022 Stock Plan | Common Stock Class A | Maximum
Stock repurchase programs
Stock Repurchase Program, Authorized Amount			$ 500,000

Leases - Narrative (Details)

Leases - Narrative (Details) - USD ($) $ in Thousands	Apr. 30, 2022	Jan. 29, 2022	May 01, 2021
Lessee, Lease, Description [Line Items]
Operating lease assets	$ 39,743	$ 42,941	$ 47,716
Operating lease liability	$ 39,856	$ 42,700	$ 47,500
Minimum
Lessee, Lease, Description [Line Items]
Renewal options	5 years
Maximum
Lessee, Lease, Description [Line Items]
Renewal options	10 years

Leases - Supplemental Balance S

Leases - Supplemental Balance Sheet Information (Details) - USD ($) $ in Thousands	Apr. 30, 2022	Jan. 29, 2022	May 01, 2021
Assets
Finance lease assets			$ 185
Operating lease assets	$ 39,743	$ 42,941	47,716
Total leased assets	39,743	42,941	47,901
Current
Current portion of finance lease liabilities			527
Operating lease liability	11,344	11,712	12,960
Noncurrent
Operating lease liability	28,512	30,969	34,536
Total lease liabilities	$ 39,856	$ 42,681	48,023
Accumulated amortization, finance leases			$ 14,400

Leases - Lease Cost (Details)

Leases - Lease Cost (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2022	May 01, 2021
Leases [Abstract]
Rentals	$ 5,079	$ 5,111
Finance lease cost
Amortization of leased assets		62
Interest on lease liabilities		14
Net lease cost	5,079	5,187
Short-term lease cost	1,200	400
Variable lease cost	$ 300	$ 400

Leases - Maturities of Lease Li

Leases - Maturities of Lease Liabilities (Details) - USD ($) $ in Thousands	Apr. 30, 2022	Jan. 29, 2022	May 01, 2021
Operating Leases
2022 (excluding the three months ended April 30, 2022)	$ 10,317
2023	10,959
2024	6,289
2025	5,507
2026	3,809
After 2026	10,748
Total minimum lease payments	47,629
Less amount representing interest	(7,773)
Present value of lease liabilities	39,856	$ 42,700	$ 47,500
Finance Leases
2022 (excluding the three months ended April 30, 2022)	0
2023	0
2024	0
2025	0
2026	0
After 2026	0
Total minimum lease payments	0
Less amount representing interest	0
Present value of lease liabilities	0
Total
2022 (excluding the three months ended April 30, 2022)	10,317
2023	10,959
2024	6,289
2025	5,507
2026	3,809
After 2026	10,748
Total minimum lease payments	47,629
Less amount representing interest	(7,773)
Present value of lease liabilities	$ 39,856	$ 42,681	$ 48,023

Leases - Lease Term and Discoun

Leases - Lease Term and Discount Rate (Details)	Apr. 30, 2022
Weighted-average remaining lease term
Operating leases	5 years 9 months 18 days
Weighted-average discount rate
Operating leases	6.10%

Leases - Other Information (Det

Leases - Other Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2022	May 01, 2021
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$ 3,485	$ 4,244
Operating cash flows from finance leases		14
Financing cash flows from finance leases		$ 168

Gain on Disposal of Assets (Det

Gain on Disposal of Assets (Details) $ in Thousands	3 Months Ended
	Apr. 30, 2022USD ($)store	May 01, 2021USD ($)store
Discontinued Operations and Disposal Groups [Abstract]
Proceeds from disposal of assets	$ 8,090	$ 29,276
Gain on disposal of assets	$ 7,237	$ 24,673
Number of former retail stores sold | store	1	3

Fair Value Disclosures (Details

Fair Value Disclosures (Details) - USD ($) $ in Thousands	Apr. 30, 2022	Jan. 29, 2022	May 01, 2021
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	398,000
Subordinated debentures	218,000
Carrying value
Fair value disclosures
Long-term debt, including current portion	366,100
Subordinated debentures	$ 200,000