Williams-Sonoma (WSM) 10-K 31 Mar 16 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Jan. 31, 2016	Mar. 27, 2016	Aug. 02, 2015
Document Information [Line Items]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Jan. 31, 2016
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY
Trading Symbol	WSM
Entity Registrant Name	WILLIAMS SONOMA INC
Entity Central Index Key	719,955
Current Fiscal Year End Date	--01-31
Entity Well-known Seasoned Issuer	Yes
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		89,158,790
Entity Public Float			$ 7,577,638,000

Consolidated Statements of Earn

Consolidated Statements of Earnings - USD ($) shares in Thousands, $ in Thousands		12 Months Ended
		Jan. 31, 2016	Feb. 01, 2015	Feb. 02, 2014
Net revenues	[1]	$ 4,976,090	$ 4,698,719	$ 4,387,889
Cost of goods sold		3,131,876	2,898,215	2,683,673
Gross profit		1,844,214	1,800,504	1,704,216
Selling, general and administrative expenses		1,355,580	1,298,239	1,252,118
Operating income		488,634	502,265	452,098
Interest (income) expense, net		627	62	(584)
Earnings before income taxes		488,007	502,203	452,682
Income taxes		177,939	193,349	173,780
Net earnings		$ 310,068	$ 308,854	$ 278,902
Basic earnings per share		$ 3.42	$ 3.30	$ 2.89
Diluted earnings per share		$ 3.37	$ 3.24	$ 2.82
Shares used in calculation of earnings per share:
Basic		90,787	93,634	96,669
Diluted		92,102	95,200	98,765
E-commerce
Net revenues		$ 2,522,580	$ 2,370,694	$ 2,115,022
Retail
Net revenues		$ 2,453,510	$ 2,328,025	$ 2,272,867
[1]	Includes net revenues related to our international operations (including our operations in Canada, Australia, the United Kingdom and our franchise businesses) of approximately $298.9 million, $235.8 million and $215.5 million in fiscal 2015, fiscal 2014 and fiscal 2013, respectively.

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2016	Feb. 01, 2015	Feb. 02, 2014
Net earnings	$ 310,068	$ 308,854	$ 278,902
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	(7,958)	(9,305)	(7,850)
Change in fair value of derivative financial instruments	1,074	806	870
Reclassification adjustment for realized gains on derivative financial instruments	(1,184)	(573)	(129)
Comprehensive income	$ 302,000	$ 299,782	$ 271,793

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands		Jan. 31, 2016	Feb. 01, 2015
Current assets
Cash and cash equivalents		$ 193,647	$ 222,927
Accounts receivable, net		79,304	67,465
Merchandise inventories, net		978,138	887,701
Prepaid catalog expenses		28,919	33,942
Prepaid expenses		44,654	36,265
Deferred income taxes, net			130,618
Other assets		11,438	13,005
Total current assets		1,336,100	1,391,923
Property and equipment, net		886,813	883,012
Non-current deferred income taxes, net		141,784	4,265
Other assets, net		52,730	51,077
Total assets	[1]	2,417,427	2,330,277
Current liabilities
Accounts payable		447,412	397,037
Accrued salaries, benefits and other		127,122	136,012
Customer deposits		296,827	261,679
Income taxes payable		67,052	32,488
Current portion of long-term debt			1,968
Other liabilities		58,014	46,764
Total current liabilities		996,427	875,948
Deferred rent and lease incentives		173,061	166,925
Other long-term obligations		49,713	62,698
Total liabilities		$ 1,219,201	$ 1,105,571
Commitments and contingencies - See Note J
Stockholders' equity
Preferred stock: $.01 par value; 7,500 shares authorized; none issued
Common stock: $.01 par value; 253,125 shares authorized; 89,563 and 91,891 shares issued and outstanding at January 31, 2016 and February 1, 2015, respectively		$ 896	$ 919
Additional paid-in capital		541,307	527,261
Retained earnings		668,545	701,214
Accumulated other comprehensive loss		(10,616)	(2,548)
Treasury stock - at cost: 29 and 35 shares as of January 31, 2016 and February 1, 2015, respectively		(1,906)	(2,140)
Total stockholders' equity		1,198,226	1,224,706
Total liabilities and stockholders' equity		$ 2,417,427	$ 2,330,277
[1]	Includes long-term assets related to our international operations of approximately $61.7 million, $58.3 million and $61.4 million in fiscal 2015, fiscal 2014 and fiscal 2013, respectively.

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Jan. 31, 2016	Feb. 01, 2015
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	7,500,000	7,500,000
Preferred stock, shares issued	0	0
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	253,125,000	253,125,000
Common stock, shares issued	89,563,000	91,891,000
Common stock, shares outstanding	89,563,000	91,891,000
Treasury stock, shares	29,000	35,000

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands		Total	Common Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Income (loss)		Treasury Stock
Beginning Balance (in shares) at Feb. 03, 2013			97,734,000
Beginning Balance at Feb. 03, 2013		$ 1,309,138	$ 977	$ 503,616	$ 790,912	$ 13,633
Net earnings		278,902			278,902
Foreign currency translation adjustments		(7,850)				(7,850)
Change in fair value of derivative financial instruments		870				870
Reclassification adjustment for realized gains on derivative financial instruments		(129)				(129)	[1]
Exercise of stock-based awards and related tax effect, shares			201,000
Exercise of stock-based awards and related tax effect, value		15,341	$ 2	15,339
Conversion/release of stock-based awards, shares	[2]		459,000
Conversion/release of stock- based awards, value	[2]	(18,096)	$ 5	(18,101)
Repurchases of common stock, shares			(4,345,000)
Repurchases of common stock, value		(239,274)	$ (43)	(17,047)	(219,083)			$ (3,101)
Stock-based compensation expense		38,788		38,788
Dividends declared		(121,688)			(121,688)
Ending Balance (in shares) at Feb. 02, 2014			94,049,000
Ending Balance at Feb. 02, 2014		1,256,002	$ 941	522,595	729,043	6,524		(3,101)
Net earnings		308,854			308,854
Foreign currency translation adjustments		(9,305)				(9,305)
Change in fair value of derivative financial instruments		806				806
Reclassification adjustment for realized gains on derivative financial instruments		(573)				(573)	[1]
Exercise of stock-based awards and related tax effect, shares			116,000
Exercise of stock-based awards and related tax effect, value		31,022	$ 1	31,021
Conversion/release of stock-based awards, shares	[2]		1,058,000
Conversion/release of stock- based awards, value	[2]	(56,043)	$ 10	(56,053)
Repurchases of common stock, shares			(3,332,000)
Repurchases of common stock, value		(224,377)	$ (33)	(13,776)	(210,568)
Reissuance of treasury stock under share-based compensation plans	[2]	(934)		(1,158)	(737)			961
Stock-based compensation expense		44,632		44,632
Dividends declared		(125,378)			(125,378)
Ending Balance (in shares) at Feb. 01, 2015			91,891,000
Ending Balance at Feb. 01, 2015		1,224,706	$ 919	527,261	701,214	(2,548)		(2,140)
Net earnings		310,068			310,068
Foreign currency translation adjustments		(7,958)				(7,958)
Change in fair value of derivative financial instruments		1,074				1,074
Reclassification adjustment for realized gains on derivative financial instruments		$ (1,184)				(1,184)
Exercise of stock-based awards and related tax effect, shares		68,500	68,000
Exercise of stock-based awards and related tax effect, value		$ 17,239	$ 1	17,238
Conversion/release of stock-based awards, shares	[2]		554,000
Conversion/release of stock- based awards, value	[2]	(31,405)	$ 6	(31,411)
Repurchases of common stock, shares			(2,950,000)
Repurchases of common stock, value		(224,995)	$ (30)	(12,646)	(212,319)
Reissuance of treasury stock under share-based compensation plans	[2]	(386)		(492)	(128)			234
Stock-based compensation expense		41,357		41,357
Dividends declared		(130,290)			(130,290)
Ending Balance (in shares) at Jan. 31, 2016			89,563,000
Ending Balance at Jan. 31, 2016		$ 1,198,226	$ 896	$ 541,307	$ 668,545	$ (10,616)		$ (1,906)
[1]	Refer to Note M for additional disclosures about reclassifications out of accumulated other comprehensive income and their corresponding effects on the respective line items in the Consolidated Statements of Earnings.
[2]	Amounts are shown net of shares withheld for employee taxes.

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2016	Feb. 01, 2015	Feb. 02, 2014
Cash flows from operating activities:
Net earnings	$ 310,068	$ 308,854	$ 278,902
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:
Depreciation and amortization	167,760	162,273	149,795
Loss on disposal/impairment of assets	4,339	2,410	2,764
Amortization of deferred lease incentives	(24,721)	(24,419)	(25,382)
Deferred income taxes	(7,436)	(248)	(28,344)
Tax benefit related to stock-based awards	14,592	26,952	8,817
Excess tax benefit related to stock-based awards	(14,494)	(26,560)	(8,743)
Stock-based compensation expense	41,357	44,632	38,788
Other	149	595
Changes in:
Accounts receivable	(12,849)	(9,366)	786
Merchandise inventories	(92,647)	(76,964)	(174,664)
Prepaid catalog expenses	5,022	(386)	3,675
Prepaid expenses and other assets	(9,245)	(61)	(13,649)
Accounts payable	60,507	4,455	135,095
Accrued salaries, benefits and other current and long-term liabilities	(135)	8,867	43,635
Customer deposits	35,877	34,400	21,578
Deferred rent and lease incentives	31,334	23,297	13,238
Income taxes payable	34,548	(17,034)	7,478
Net cash provided by operating activities	544,026	461,697	453,769
Cash flows from investing activities:
Purchases of property and equipment	(202,935)	(204,800)	(193,953)
Restricted cash receipts		14,289	1,766
Proceeds from insurance reimbursements	683	1,644	1,518
Other	86	267	45
Net cash used in investing activities	(202,166)	(188,600)	(190,624)
Cash flows from financing activities:
Repurchase of common stock	(224,995)	(224,377)	(239,274)
Payment of dividends	(127,636)	(125,758)	(111,581)
Borrowings under revolving line of credit	200,000	90,000
Repayments of borrowings under revolving line of credit	(200,000)	(90,000)
Tax withholdings related to stock-based awards	(31,790)	(56,977)	(18,096)
Excess tax benefit related to stock-based awards	14,494	26,560	8,743
Net proceeds related to stock-based awards	2,647	4,077	6,614
Repayments of long-term obligations	(1,968)	(1,785)	(1,724)
Other	(135)	(760)	(58)
Net cash used in financing activities	(369,383)	(379,020)	(355,376)
Effect of exchange rates on cash and cash equivalents	(1,757)	(1,271)	(2,203)
Net decrease in cash and cash equivalents	(29,280)	(107,194)	(94,434)
Cash and cash equivalents at beginning of year	222,927	330,121	424,555
Cash and cash equivalents at end of year	193,647	222,927	330,121
Supplemental disclosure of cash flow information:
Cash paid during the year for interest	1,989	1,269	1,270
Cash paid during the year for income taxes, net of refunds	134,478	172,305	186,968
Non-cash investing activities:
Purchases of property and equipment not yet paid for at end of period	$ 2,715	$ 4,808	$ 9,034

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Jan. 31, 2016
Summary of Significant Accounting Policies	Note A: Summary of Significant Accounting Policies We are a specialty retailer of high-quality products for the home. These products, representing distinct merchandise strategies – Williams-Sonoma, Pottery Barn, Pottery Barn Kids, West Elm, PBteen, Williams-Sonoma Home, Rejuvenation, and Mark and Graham – are marketed through e-commerce websites, direct mail catalogs and 618 stores. We have retail and/or e-commerce businesses in the U.S., Canada, Australia and the United Kingdom, and ship our products to customers worldwide. Our catalogs reach customers throughout the U.S. and Australia. In addition, we have unaffiliated franchisees that operate stores and/or e-commerce websites in the Middle East, the Philippines and Mexico. Intercompany transactions and accounts have been eliminated. Fiscal Year Our fiscal year ends on the Sunday closest to January 31, based on a 52 or 53-week year. Fiscal 2015, a 52-week year, ended on January 31, 2016; Fiscal 2014, a 52-week year, ended on February 1, 2015; and fiscal 2013, a 52-week year, ended on February 2, 2014. Use of Estimates The preparation of financial statements in accordance with accounting principles generally accepted in the United States of America requires us to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses and related disclosures of contingent assets and liabilities. These estimates and assumptions are evaluated on an ongoing basis and are based on historical experience and various other factors that we believe to be reasonable under the circumstances. Actual results could differ from these estimates. Cash Equivalents Cash equivalents include highly liquid investments with an original maturity of three months or less. As of January 31, 2016, we were invested primarily in demand deposit accounts and money market funds. Book cash overdrafts issued, but not yet presented to the bank for payment, are reclassified to accounts payable. Restricted Cash Restricted cash represents deposits held in trusts to secure our liabilities associated with our workers’ compensation and other insurance programs. During fiscal 2014, we redeemed restricted cash deposits of $14,289,000 previously held under collateralized trust agreements. We held no restricted cash during fiscal 2015. Accounts Receivable and Allowance for Doubtful Accounts Accounts receivable are stated at their carrying values, net of an allowance for doubtful accounts. Accounts receivable consist primarily of credit card, franchisee and landlord receivables for which collectability is reasonably assured. Receivables are evaluated for collectability on a regular basis and an allowance for doubtful accounts is recorded, if necessary. Our allowance for doubtful accounts was not material to our financial statements as of January 31, 2016 and February 1, 2015. Merchandise Inventories Merchandise inventories, net of an allowance for excess quantities and obsolescence, are stated at the lower of cost (weighted average method) or market. To determine if the value of our inventory should be reduced below cost, we consider current and anticipated demand, customer preferences and age of the merchandise. The significant estimates used in inventory valuation are obsolescence (including excess and slow-moving inventory and lower of cost or market reserves) and estimates of inventory shrinkage. We reserve for obsolescence based on historical trends, aging reports, specific identification and our estimates of future sales and selling prices. Reserves for shrinkage are estimated and recorded throughout the year, as a percentage of net sales based on historical shrinkage results, expectations of future shrinkage and current inventory levels. Actual shrinkage is recorded at year-end based on the results of our physical inventory counts and can vary from our estimates due to such factors as changes in operations, the mix of our inventory (which ranges from large furniture to small tabletop items) and execution against loss prevention initiatives in our stores, distribution centers, off-site storage locations, and with our third party warehouse and transportation providers. Accordingly, there is no shrinkage reserve at year-end. Our obsolescence and shrinkage reserve calculations contain estimates that require management to make assumptions and to apply judgment regarding a number of factors, including market conditions, the selling environment, historical results and current inventory trends. If actual obsolescence or shrinkage estimates change from our original estimate, we will adjust our reserves accordingly throughout the year. We have made no material changes to our assumptions included in the calculations of the obsolescence and shrinkage reserves throughout the year. As of January 31, 2016 and February 1, 2015, our inventory obsolescence reserves were $9,782,000 and $10,244,000, respectively. Advertising and Prepaid Catalog Expenses Advertising expenses consist of media and production costs related to catalog mailings, e-commerce advertising and other direct marketing activities. All advertising costs are expensed as incurred, or upon the release of the initial advertisement, with the exception of prepaid catalog expenses. Prepaid catalog expenses consist primarily of third party incremental direct costs, including creative design, paper, printing, postage and mailing costs for all of our direct response catalogs. Such costs are capitalized as prepaid catalog expenses and are amortized over their expected period of future benefit. Each catalog is generally fully amortized over a six to nine month period, with the majority of the amortization occurring within the first four to five months. Prepaid catalog expenses are evaluated for realizability on a monthly basis by comparing the carrying amount associated with each catalog to the estimated future profitability (net revenues less merchandise cost of goods sold, selling expenses and catalog-related costs) of that catalog. If the estimated future profitability of the catalog is below its carrying amount, the catalog is impaired accordingly. Total advertising expenses (including catalog advertising, e-commerce advertising and all other advertising costs) were approximately $333,276,000, $330,070,000 and $325,708,000 in fiscal 2015, fiscal 2014 and fiscal 2013, respectively. Property and Equipment Property and equipment is stated at cost. Depreciation is calculated using the straight-line method over the following estimated useful lives: Leasehold improvements Shorter of estimated useful life or lease term (generally 3 – 22 years) Fixtures and equipment 2 – 20 years Buildings and building improvements 10 – 40 years Capitalized software 2 – 10 years We review the carrying value of all long-lived assets for impairment, primarily at a store level, whenever events or changes in circumstances indicate that the carrying value of an asset may not be recoverable. Our impairment analyses determine whether projected cash flows from operations are sufficient to recover the carrying value of these assets. Impairment may result when the carrying value of the asset exceeds the estimated undiscounted future cash flows over its remaining useful life. For store impairment, our estimate of undiscounted future cash flows over the store lease term is based upon our experience, historical operations of the stores and estimates of future store profitability and economic conditions. The future estimates of store profitability and economic conditions require estimating such factors as sales growth, gross margin, employment rates, lease escalations, inflation and the overall economics of the retail industry, and are therefore subject to variability and difficult to predict. Actual future results may differ from those estimates. If a long-lived asset is found to be impaired, the amount recognized for impairment is equal to the difference between the asset’s net carrying value and its fair value. Long-lived assets are measured at fair value on a nonrecurring basis using Level 3 inputs as defined in the fair value hierarchy. The fair value is based on the present value of estimated future cash flows using a discount rate that approximates our weighted average cost of capital. During fiscal 2015, fiscal 2014 and fiscal 2013, we recorded expense of approximately $2,100,000, $241,000 and $561,000, respectively, associated with asset impairment charges related to our retail stores, all of which is recorded within selling, general and administrative expenses. For any store or facility closure where a lease obligation still exists, we record the estimated future liability associated with the rental obligation on the cease use date. Goodwill Goodwill is not amortized, but rather is subject to impairment testing annually (on the first day of the fourth quarter), or between annual tests whenever events or changes in circumstances indicate that the fair value of a reporting unit may be below its carrying amount. The first step of the impairment test requires determining the fair value of the reporting unit. We use the income approach, whereby we calculate the fair value based on the present value of estimated future cash flows using a discount rate that approximates our weighted average cost of capital. The process of evaluating the potential impairment of goodwill is subjective and requires significant estimates and assumptions about the future, such as sales growth, gross margins, employment rates, capital expenditures, inflation and future economic and market conditions. Actual future results may differ from those estimates. If the carrying value of the reporting unit’s assets and liabilities, including goodwill, is in excess of its fair value, goodwill may be impaired, and we must perform a second step of comparing the implied fair value of the goodwill to its carrying value to determine the impairment charge, if any. At January 31, 2016 and February 1, 2015, we had goodwill of $18,703,000 and $18,740,000, respectively, included in other assets, primarily related to our fiscal 2011 acquisition of Rejuvenation Inc. We did not recognize any goodwill impairment in fiscal 2015, fiscal 2014 or fiscal 2013. Self-Insured Liabilities We are primarily self-insured for workers’ compensation, employee health benefits and product and general liability claims. We record self-insurance liabilities based on claims filed, including the development of those claims, and an estimate of claims incurred but not yet reported. Factors affecting these estimates include future inflation rates, changes in severity, benefit level changes, medical costs and claim settlement patterns. Should a different amount of claims occur compared to what was estimated, or costs of the claims increase or decrease beyond what was anticipated, reserves may need to be adjusted accordingly. We determine our workers’ compensation liability and product and general liability claims reserves based on an actuarial analysis of historical claims data. Self-insurance reserves for employee health benefits, workers’ compensation and product and general liability claims were $25,290,000 and $24,901,000 as of January 31, 2016 and February 1, 2015, respectively. Customer Deposits Customer deposits are primarily comprised of unredeemed gift cards and merchandise credits and deferred revenue related to undelivered merchandise. We maintain a liability for unredeemed gift cards and merchandise credits until the earlier of redemption, escheatment or four years as we have concluded that the likelihood of our gift cards being redeemed beyond four years from the date of issuance is remote. Income from unredeemed gift cards and merchandise credits, which is recorded in other income within selling, general and administrative expense, is not material to our consolidated financial statements. Our gift cards and merchandise credits have no expiration dates. Deferred Rent and Lease Incentives For leases that contain fixed escalations of the minimum annual lease payment during the original term of the lease, we recognize rental expense on a straight-line basis over the lease term, including the construction period, and record the difference between rent expense and the amount currently payable as deferred rent. Deferred lease incentives include construction allowances received from landlords, which are amortized on a straight-line basis over the lease term, including the construction period. Fair Value of Financial Instruments The carrying values of cash and cash equivalents, accounts receivable, accounts payable and debt approximate their estimated fair values. We use derivative instruments to hedge against foreign currency exchange rate fluctuations. The assets or liabilities associated with our derivative financial instruments are recorded at fair value in either other current assets or other current liabilities. The fair value of our foreign currency derivative instruments is measured using the income approach whereby we use observable market data at the measurement date and standard valuation techniques to convert future amounts to a single present value amount. These observable inputs include spot rates, forward rates, interest rates and credit derivative market rates (refer to Notes M and N for additional information). Revenue Recognition We recognize revenues and the related cost of goods sold (including shipping costs) at the time the products are delivered to our customers. Revenue is recognized for retail sales (excluding home-delivered merchandise) at the point of sale in the store and, for home-delivered merchandise and e-commerce sales, when the merchandise is delivered to the customer. Discounts provided to customers are accounted for as a reduction of sales. We record a reserve for estimated product returns in each reporting period. Shipping and handling fees charged to the customer are recognized as revenue at the time the products are delivered to the customer. Revenues are presented net of any taxes collected from customers and remitted to governmental authorities. Sales Returns Reserve Our customers may return purchased items for an exchange or refund. We record a reserve for estimated product returns, net of cost of goods sold, based on historical return trends together with current product sales performance. A summary of activity in our sales returns reserve is as follows: In thousands Fiscal 2015 1 Fiscal 2014 1 Fiscal 2013 1 Balance at beginning of year $ 14,782 $ 15,954 $ 14,397 Provision for sales returns 321,421 311,911 293,929 Actual sales returns (317,090 ) (313,083 ) (292,372 ) Balance at end of year $ 19,113 $ 14,782 $ 15,954 1 Amounts are shown net of cost of goods sold. Vendor Allowances We receive allowances or credits from certain vendors for volume rebates. We treat such volume rebates as an offset to the cost of the product or services provided at the time the expense is recorded. These allowances and credits received are recorded in both cost of goods sold and in selling, general and administrative expenses. Cost of Goods Sold Cost of goods sold includes cost of goods, occupancy expenses and shipping costs. Cost of goods consists of cost of merchandise, inbound freight expenses, freight-to-store expenses and other inventory related costs such as shrinkage, damages and replacements. Occupancy expenses consist of rent, depreciation and other occupancy costs, including common area maintenance, property taxes and utilities. Shipping costs consist of third party delivery services and shipping materials. Selling, General and Administrative Expenses Selling, general and administrative expenses consist of non-occupancy related costs associated with our retail stores, distribution warehouses, customer care centers, supply chain operations (buying, receiving and inspection) and corporate administrative functions. These costs include employment, advertising, third party credit card processing and other general expenses. Stock-Based Compensation We account for stock-based compensation arrangements by measuring and recognizing compensation expense in our Consolidated Financial Statements for all stock-based awards using a fair value based method. Restricted stock units are valued using the closing price of our stock on the date prior to the date of grant. The fair value of each stock-based award is amortized over the requisite service period. Foreign Currency Translation Some of our foreign operations have a functional currency other than the U.S. dollar. Assets and liabilities are translated into U.S. dollars using the current exchange rates in effect at the balance sheet date, while revenues and expenses are translated at the average exchange rates during the period. The resulting translation adjustments are recorded as other comprehensive income within stockholders’ equity. Gains and losses are included in selling, general and administrative expenses (except for those discussed in Note M). Earnings Per Share Basic earnings per share is computed as net earnings divided by the weighted average number of common shares outstanding for the period. Diluted earnings per share is computed as net earnings divided by the weighted average number of common shares outstanding for the period plus common stock equivalents. Common stock equivalents consist of shares subject to stock-based awards with exercise prices less than or equal to the average market price of our common stock for the period, to the extent their inclusion would be dilutive. Income Taxes Income taxes are accounted for using the asset and liability method. Under this method, deferred income taxes arise from temporary differences between the tax basis of assets and liabilities and their reported amounts in our Consolidated Financial Statements. We record reserves for our estimates of the additional income tax liability that is more likely than not to result from the ultimate resolution of foreign and domestic tax examinations. At any one time, many tax years are subject to examination by various taxing jurisdictions. The results of these audits and negotiations with taxing authorities may affect the ultimate settlement of these issues. We review and update the estimates used in the accrual for uncertain tax positions as more definitive information becomes available from taxing authorities, upon completion of tax examination, upon expiration of statutes of limitation, or upon occurrence of other events. In order to compute income tax on an interim basis, we estimate what our effective tax rate will be for the full fiscal year and adjust these estimates throughout the year as necessary. Adjustments to our income tax provision due to changes in our estimated effective tax rate are recorded in the interim period in which the change occurs. The tax expense (or benefit) related to items other than ordinary income is individually computed and recognized when the items occur. Our effective tax rate in a given financial statement period may be materially impacted by changes in the mix and level of our earnings in various taxing jurisdictions. New Accounting Pronouncements In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-09, Revenue from Contracts with Customers Revenue from Contracts with Customers: Principal versus Agent Considerations In November 2015, the FASB issued ASU 2015-17, Balance Sheet Classification of Deferred Taxes In January 2016, the FASB issued ASU 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities In February 2016, the FASB issued ASU 2016-02, Leases

Property and Equipment

Property and Equipment	12 Months Ended
	Jan. 31, 2016
Property and Equipment	Note B: Property and Equipment Property and equipment consists of the following: In thousands Jan. 31, 2016 Feb. 1, 2015 Leasehold improvements $ 861,852 $ 852,372 Fixtures and equipment 714,911 691,001 Capitalized software 455,954 431,259 Land and buildings 172,782 192,841 Corporate systems projects in progress 1 115,296 91,885 Construction in progress 2 20,325 10,119 Total 2,341,120 2,269,477 Accumulated depreciation (1,454,307 ) (1,386,465 ) Property and equipment, net $ 886,813 $ 883,012 1 Corporate systems projects in progress as of January 31, 2016 and February 1, 2015 include approximately $77.6 million and $56.8 million, respectively, for the portion of our new inventory and order management system currently under development and not ready for its intended use. 2 Construction in progress primarily consists of leasehold improvements and furniture and fixtures related to new, expanded or remodeled retail stores where construction had not been completed as of year-end.

Borrowing Arrangements

Borrowing Arrangements	12 Months Ended
	Jan. 31, 2016
Borrowing Arrangements	Note C: Borrowing Arrangements Long-term debt consists of the following: In thousands Jan. 31, 2016 Feb. 1, 2015 Memphis-based distribution facility obligation (see Note F) $ — $ 1,968 Credit Facility We have a $500,000,000 unsecured revolving line of credit (“credit facility”) that may be used to borrow revolving loans or request the issuance of letters of credit. We may, upon notice to the administrative agent, request existing or new lenders to increase the credit facility by up to $250,000,000, at such lenders’ option, to provide for a total of $750,000,000 of unsecured revolving credit. As of January 31, 2016, we were in compliance with our financial covenants under the credit facility and based on current projections, we expect to remain in compliance throughout fiscal 2016. The credit facility matures on November 19, 2019, at which time all outstanding borrowings must be repaid and all outstanding letters of credit must be cash collateralized. We may elect interest rates calculated at (i) Bank of America’s prime rate (or, if greater, the average rate on overnight federal funds plus one-half of one percent, or a rate based on LIBOR plus one percent) plus a margin based on our leverage ratio or (ii) LIBOR plus a margin based on our leverage ratio. During fiscal 2015, we had borrowings of $200,000,000 under the credit facility (at a weighted average interest rate of 1.11%), all of which were repaid in the fourth quarter of fiscal 2015, and no amounts were outstanding as of January 31, 2016. During fiscal 2014, we had borrowings of $90,000,000 under the credit facility (at a weighted average interest rate of 1.05%), all of which were repaid in the fourth quarter of fiscal 2014, and no amounts were outstanding as of February 1, 2015. Additionally, as of January 31, 2016, $13,367,000 in issued but undrawn standby letters of credit was outstanding under the credit facility. The standby letters of credit were issued to secure the liabilities associated with workers’ compensation and other insurance programs. Letter of Credit Facilities We have three unsecured letter of credit reimbursement facilities for a total of $70,000,000, each of which matures on August 27, 2016. The letter of credit facilities contain covenants that are consistent with our unsecured revolving line of credit. Interest on unreimbursed amounts under the letter of credit facilities accrues at the lender’s prime rate (or, if greater, the average rate on overnight federal funds plus one-half of one percent) plus 2.0%. As of January 31, 2016, an aggregate of $6,088,000 was outstanding under the letter of credit facilities, which represents only a future commitment to fund inventory purchases to which we had not taken legal title. The latest expiration possible for any future letters of credit issued under the facilities is January 24, 2017.

Income Taxes

Income Taxes	12 Months Ended
	Jan. 31, 2016
Income Taxes	Note D: Income Taxes The components of earnings before income taxes, by tax jurisdiction, are as follows: In thousands Fiscal 2015 Fiscal 2014 Fiscal 2013 United States $ 462,701 $ 482,739 $ 448,764 Foreign 25,306 19,464 3,918 Total earnings before income taxes $ 488,007 $ 502,203 $ 452,682 The provision for income taxes consists of the following: In thousands Fiscal 2015 Fiscal 2014 Fiscal 2013 Current Federal $ 156,812 $ 157,227 $ 173,686 State 22,969 31,959 25,748 Foreign 5,594 4,411 2,690 Total current 185,375 193,597 202,124 Deferred Federal (6,093 ) 2,719 (26,324 ) State 1,258 (2,547 ) (1,277 ) Foreign (2,601 ) (420 ) (743 ) Total deferred (7,436 ) (248 ) (28,344 ) Total provision $ 177,939 $ 193,349 $ 173,780 We have historically elected not to provide for U.S. income taxes with respect to the undistributed earnings of our foreign subsidiaries as we intended to utilize those earnings in our foreign operations for an indefinite period of time. As of January 31, 2016, the accumulated undistributed earnings of all foreign subsidiaries were approximately $66,500,000 and are sufficient to support our anticipated future cash needs for our foreign operations. We currently intend to utilize those undistributed earnings for an indefinite period of time and will only repatriate such earnings when it is tax effective to do so. If we did not consider these earnings to be indefinitely reinvested, the deferred tax liability would have been in the range of $8,000,000 to $12,000,000 at January 31, 2016. A reconciliation of income taxes at the federal statutory corporate rate to the effective rate is as follows: Fiscal 2015 Fiscal 2014 Fiscal 2013 Federal income taxes at the statutory rate 35.0% 35.0% 35.0% State income tax rate 3.2% 4.0% 3.7% Other (1.7% ) (0.5% ) (0.3% ) Effective tax rate 36.5% 38.5% 38.4% Significant components of our deferred tax accounts are as follows: Deferred tax assets (liabilities), in thousands Jan. 31, 2016 Feb. 1, 2015 Customer deposits $ 64,742 $ 60,989 Merchandise inventories 31,752 30,328 Stock-based compensation 21,365 19,857 Deferred rent 19,952 18,925 Accrued liabilities 17,028 28,866 Compensation 15,776 15,968 State taxes 6,723 7,061 Executive deferral plan 6,003 5,437 Deferred lease incentives (36,475 ) (37,098 ) Prepaid catalog expenses (10,883 ) (12,753 ) Depreciation (4,527 ) (9,888 ) Other 11,451 8,759 Valuation allowance (1,123 ) (1,568 ) Total deferred tax assets, net $ 141,784 $ 134,883 As of January 31, 2016, we adopted ASU 2015-17, Balance Sheet Classification of Deferred Taxes The following table summarizes the activity related to our gross unrecognized tax benefits: In thousands Fiscal 2015 Fiscal 2014 Fiscal 2013 Balance at beginning of year $ 14,359 $ 10,765 $ 8,990 Increases related to current year’s tax positions 2,765 3,093 3,351 Increases related to prior years’ tax positions 101 2,007 328 Decreases related to prior years’ tax positions (341 ) (138 ) (42 ) Settlements (2,912 ) (1,144 ) (170 ) Lapses in statute of limitations (682 ) (224 ) (1,692 ) Balance at end of year $ 13,290 $ 14,359 $ 10,765 As of January 31, 2016, we had $13,290,000 of gross unrecognized tax benefits, of which $8,948,000 would, if recognized, affect the effective tax rate. We accrue interest and penalties related to unrecognized tax benefits in the provision for income taxes. As of January 31, 2016 and February 1, 2015, our accruals for the payment of interest and penalties totaled $2,649,000 and $2,412,000, respectively, primarily related to the payment of interest. Due to the potential resolution of state issues, it is reasonably possible that the balance of our gross unrecognized tax benefits could decrease within the next twelve months by a range of $0 to $2,100,000. We file income tax returns in the U.S. federal jurisdiction and various state and foreign jurisdictions. The Internal Revenue Service (IRS) has concluded examination of our U.S. federal income tax returns for years prior to fiscal 2011 without any significant adjustments. Substantially all material state, local and foreign income tax examinations have been concluded through fiscal 2004.

Accounting for Leases

Accounting for Leases	12 Months Ended
	Jan. 31, 2016
Accounting for Leases	Note E: Accounting for Leases Operating Leases We lease store locations, distribution centers, customer care centers, corporate facilities and certain equipment for original terms ranging generally from 3 to 22 years. Certain leases contain renewal options for periods up to 20 years. The rental payments for our store leases are typically structured as either: minimum rent; rent based on a percentage of store sales; minimum rent plus additional rent based on a percentage of store sales; or rent based on a percentage of store sales if a specified store sales threshold or contractual obligation of the landlord has not been met. Contingent rental payments, including rental payments that are based on a percentage of sales, cannot be predicted with certainty at the onset of the lease term. Accordingly, such contingent rental payments are recorded as incurred each period and are excluded from our calculation of deferred rent liability. Total rent expense for all operating leases was as follows: In thousands Fiscal 2015 Fiscal 2014 Fiscal 2013 Rent expense $ 224,564 $ 215,221 $ 201,727 Contingent rent expense 33,985 32,699 34,608 Rent expense before deferred lease incentive income 258,549 247,920 236,335 Deferred lease incentive income (24,679 ) (24,420 ) (25,385 ) Less: sublease rental income (608 ) (560 ) (536 ) Total rent expense 1 $ 233,262 $ 222,940 $ 210,414 1 Excludes all other occupancy-related costs including depreciation, common area maintenance, property taxes and utilities. The aggregate future minimum annual cash rental payments under non-cancelable operating leases in effect at January 31, 2016 were as follows: In thousands Lease Commitments 1 Fiscal 2016 $ 257,805 Fiscal 2017 242,036 Fiscal 2018 218,381 Fiscal 2019 197,055 Fiscal 2020 168,046 Thereafter 650,585 Total $ 1,733,908 1 Projected cash payments include only those amounts that are fixed and determinable as of the reporting date and are not necessarily representative of future expected rent expense. We currently pay rent for certain store locations based on a percentage of store sales. As future store sales cannot be predicted with certainty, projected payments for these locations are based on minimum rent, which is generally higher than rent based on a percentage of store sales. We incur other lease obligation expenses, such as common area maintenance and other executory costs, which are not fixed in nature and are thus not included in the future projected cash payments reflected above. In addition, projected cash payments do not include any benefit from deferred lease incentive income, which is reflected within “Total rent expense” above.

Memphis-Based Distribution Faci

Memphis-Based Distribution Facilities	12 Months Ended
	Jan. 31, 2016
Memphis-Based Distribution Facilities	Note F: Memphis-Based Distribution Facilities Our Memphis-based distribution facility includes an operating lease entered into in August 1990 for a distribution facility in Memphis, Tennessee. The lessor is a general partnership comprised of the estate of W. Howard Lester, our former Chairman of the Board and Chief Executive Officer, and the estate of James A. McMahan, a former Director Emeritus and significant stockholder, and two unrelated parties. The partnership does not have operations separate from the leasing of this distribution facility and does not have lease agreements with any unrelated third parties. The terms of the lease automatically renewed until the bonds that financed the construction of the facility were fully repaid during the second quarter of fiscal 2015. Simultaneously, we entered into an agreement with the partnership to lease the facility through July 2017. We made annual rental payments of approximately $3,050,000, $2,432,000 and $2,448,000 including applicable taxes, insurance and maintenance expenses in fiscal 2015, fiscal 2014 and fiscal 2013, respectively. Prior to August 2, 2015, the partnership described above qualified as a variable interest entity and was consolidated by us due to its related party relationship and our obligation to renew the lease until the bonds were fully repaid. Accordingly, as of August 2, 2015, this facility was no longer being consolidated by us.

Earnings Per Share

Earnings Per Share	12 Months Ended
	Jan. 31, 2016
Earnings Per Share	Note G: Earnings Per Share The following is a reconciliation of net earnings and the number of shares used in the basic and diluted earnings per share computations: In thousands, except per share amounts Net Earnings Weighted Earnings Fiscal 2015 Basic $ 310,068 90,787 $ 3.42 Effect of dilutive stock-based awards 1,315 Diluted $ 310,068 92,102 $ 3.37 Fiscal 2014 Basic $ 308,854 93,634 $ 3.30 Effect of dilutive stock-based awards 1,566 Diluted $ 308,854 95,200 $ 3.24 Fiscal 2013 Basic $ 278,902 96,669 $ 2.89 Effect of dilutive stock-based awards 2,096 Diluted $ 278,902 98,765 $ 2.82 Stock-based awards of 12,000 and 21,000 were excluded from the computation of diluted earnings per share in fiscal 2015 and fiscal 2014, respectively, as their inclusion would be anti-dilutive. There were no stock-based awards excluded from the computation of diluted earnings per share in fiscal 2013.

Stock-Based Compensation

Stock-Based Compensation	12 Months Ended
	Jan. 31, 2016
Stock-Based Compensation	Note H: Stock-Based Compensation Equity Award Programs Our Amended and Restated 2001 Long-Term Incentive Plan (the “Plan”) provides for grants of incentive stock options, nonqualified stock options, stock-settled stock appreciation rights (collectively, “option awards”), restricted stock awards, restricted stock units (including those that are performance-based), deferred stock awards (collectively, “stock awards”) and dividend equivalents up to an aggregate of 32,310,000 shares. As of January 31, 2016, there were approximately 9,439,000 shares available for future grant. Awards may be granted under the Plan to officers, employees and non-employee members of the board of directors of the company (the “Board”) or any parent or subsidiary. Shares issued as a result of award exercises or releases are primarily funded with the issuance of new shares. Option Awards Annual grants of option awards are limited to 1,000,000 shares on a per person basis and have a maximum term of seven years. The exercise price of these option awards is not less than 100% of the closing price of our stock on the day prior to the grant date. Option awards granted to employees generally vest evenly over a period of four years for service-based awards. Certain option awards contain vesting acceleration clauses resulting from events including, but not limited to, retirement, merger or a similar corporate event. Stock Awards Annual grants of stock awards are limited to 1,000,000 shares on a per person basis. Stock awards granted to employees generally vest evenly over a period of four years for service-based awards. Certain performance-based awards, which have variable payout conditions based on predetermined financial targets, vest three years from the date of grant. Certain stock awards and other agreements contain vesting acceleration clauses resulting from events including, but not limited to, retirement, merger or a similar corporate event. Stock awards granted to non-employee Board members generally vest in one year. Non-employee Board members automatically receive stock awards on the date of their initial election to the Board and annually thereafter on the date of the annual meeting of stockholders (so long as they continue to serve as a non-employee Board member). Stock-Based Compensation Expense During fiscal 2015, fiscal 2014 and fiscal 2013, we recognized total stock-based compensation expense, as a component of selling, general and administrative expenses, of $41,357,000, $44,632,000 and $38,788,000, respectively. As of January 31, 2016, there was $52,481,000 of unrecognized stock-based compensation expense (net of estimated forfeitures), which we expect to recognize on a straight-line basis over a weighted average remaining service period of approximately two years. At each reporting period, all compensation expense attributable to vested awards has been fully recognized. Stock Options The following table summarizes our stock option activity during fiscal 2015: Shares Weighted Exercise Weighted Average Intrinsic 1 Balance at February 1, 2015 (100% vested) 107,000 $ 39.05 Granted — — Exercised (68,500 ) $ 38.64 Cancelled — — Balance at January 31, 2016 (100% vested) 38,500 $ 39.80 0.31 $ 457,000 1 Intrinsic value for outstanding and vested options is based on the excess of the market value of our common stock on the last business day of the fiscal year (or $51.66) over the exercise price. No stock options were granted in fiscal 2015, fiscal 2014 or fiscal 2013. The total intrinsic value of stock options exercised was $2,722,000 for fiscal 2015, $3,564,000 for fiscal 2014 and $3,834,000 for fiscal 2013. Intrinsic value for options exercised is based on the excess of the market value over the exercise price on the date of exercise. Stock-Settled Stock Appreciation Rights A stock-settled stock appreciation right is an award that allows the recipient to receive common stock equal to the appreciation in the fair market value of our common stock between the grant date and the conversion date for the number of shares converted. The following table summarizes our stock-settled stock appreciation right activity during fiscal 2015: Shares Weighted Average Conversion 1 Weighted Average Contractual Term Intrinsic 2 Balance at February 1, 2015 1,159,948 $ 29.36 Granted — — Converted into common stock (521,913 ) 31.26 Cancelled (3,426 ) 35.10 Balance at January 31, 2016 (100% vested) 634,609 $ 27.76 2.23 $ 15,165,000 1 Conversion price is equal to the market value on the date of grant. 2 Intrinsic value for outstanding and vested rights is based on the excess of the market value of our common stock on the last business day of the fiscal year (or $51.66) over the conversion price. No stock-settled stock appreciation rights were granted in fiscal 2015, fiscal 2014 or fiscal 2013. The total intrinsic value of awards converted to common stock was $24,465,000 for fiscal 2015, $26,837,000 for fiscal 2014 and $18,046,000 for fiscal 2013. Intrinsic value for conversions is based on the excess of the market value on the date of conversion over the conversion price. Restricted Stock Units The following table summarizes our restricted stock unit activity during fiscal 2015: Shares Weighted Fair Value Weighted Average Contractual Term Intrinsic Value 1 Balance at February 1, 2015 2,313,477 $ 52.47 Granted 821,072 76.19 Released (656,452 ) 51.34 Cancelled (189,139 ) 57.45 Balance at January 31, 2016 2,288,958 $ 60.89 2.50 $ 118,248,000 Vested plus expected to vest at January 31, 2016 1,436,810 $ 61.20 2.35 $ 74,226,000 1 Intrinsic value for outstanding and unvested restricted stock units is based on the market value of our common stock on the last business day of the fiscal year (or $51.66). The following table summarizes additional information about restricted stock units: Fiscal 2015 Fiscal 2014 Fiscal 2013 Weighted average grant date fair value per share of awards granted $ 76.19 $ 63.18 $ 53.59 Intrinsic value of awards released 1 $ 50,773,000 $ 101,189,000 $ 24,568,000 1 Intrinsic value for releases is based on the market value on the date of release. Tax Effect We present tax benefits resulting from the settlement of stock-based awards as operating cash flows in our Consolidated Statements of Cash Flows. Tax deductions in excess of the cumulative compensation cost recognized for stock-based awards settled are presented as a financing cash inflow and an operating cash outflow. During fiscal 2015, fiscal 2014 and fiscal 2013, net proceeds related to stock-based awards was $2,647,000, $4,077,000 and $6,614,000, respectively, and the current tax benefit related to stock-based awards totaled $30,352,000, $52,798,000 and $17,940,000, respectively.

Williams-Sonoma, Inc. 401(k) Pl

Williams-Sonoma, Inc. 401(k) Plan and Other Employee Benefits	12 Months Ended
	Jan. 31, 2016
Williams-Sonoma, Inc. 401(k) Plan and Other Employee Benefits	Note I: Williams-Sonoma, Inc. 401(k) Plan and Other Employee Benefits We have a defined contribution retirement plan, the Williams-Sonoma, Inc. 401(k) Plan (the “401(k) Plan”), which is intended to be qualified under Internal Revenue Code sections 401(a), 401(k), 401(m) and 4975(e)(7). The 401(k) Plan permits eligible employees to make salary deferral contributions up to 75% of their eligible compensation each pay period (7% for highly-compensated employees). Employees designate the funds in which their contributions are invested. Each participant may choose to have his or her salary deferral contributions and earnings thereon invested in one or more investment funds, including our company stock fund. Our matching contribution is equal to 50% of each participant’s salary deferral contribution, taking into account only those contributions that do not exceed 6% of the participant’s eligible pay for the pay period. Each participant’s matching contribution is earned on a semi-annual basis with respect to eligible salary deferrals for those employees that are employed with the company on June 30th or December 31st of the year in which the deferrals are made. Each associate must complete one year of service prior to receiving company matching contributions. For the first five years of the participant’s employment, all matching contributions vest at the rate of 20% per year of service, measuring service from the participant’s hire date. Thereafter, all matching contributions vest immediately. Our contributions to the plan were $6,915,000, $6,038,000 and $5,538,000 in fiscal 2015, fiscal 2014 and fiscal 2013, respectively. The 401(k) Plan consists of two parts: a profit sharing plan portion and a stock bonus plan/employee stock ownership plan (the “ESOP”). The ESOP portion is the portion that is invested in the Williams-Sonoma, Inc. Stock Fund. The profit sharing and ESOP components of the 401(k) Plan are considered a single plan under Internal Revenue Code section 414(l). We also have a nonqualified executive deferred compensation plan that provides supplemental retirement income benefits for a select group of management. This plan permits eligible employees to make salary and bonus deferrals that are 100% vested. We have an unsecured obligation to pay in the future the value of the deferred compensation adjusted to reflect the performance, whether positive or negative, of selected investment measurement options chosen by each participant during the deferral period. As of January 31, 2016 and February 1, 2015, $15,929,000 and $14,446,000, respectively, is included in other long-term obligations related to these deferred compensation liabilities. Additionally, we have purchased life insurance policies on certain participants to potentially offset these unsecured obligations. The cash surrender value of these policies was $17,112,000 and $17,422,000 as of January 31, 2016 and February 1, 2015, respectively, and is included in other assets, net.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Jan. 31, 2016
Commitments and Contingencies	Note J: Commitments and Contingencies We are involved in lawsuits, claims and proceedings incident to the ordinary course of our business. These disputes, which are not currently material, are increasing in number as our business expands and our company grows larger. We review the need for any loss contingency reserves and establish reserves when, in the opinion of management, it is probable that a matter would result in liability, and the amount of loss, if any, can be reasonably estimated. In view of the inherent difficulty of predicting the outcome of these matters, it may not be possible to determine whether any loss is probable or to reasonably estimate the amount of the loss until the case is close to resolution, in which case no reserve is established until that time. Any claims against us, whether meritorious or not, could be time consuming, result in costly litigation, require significant amounts of management time and result in the diversion of significant operational resources. The results of these lawsuits, claims and proceedings cannot be predicted with certainty. However, we believe that the ultimate resolution of these current matters will not have a material adverse effect on our consolidated financial statements taken as a whole.

Stock Repurchase Program and Di

Stock Repurchase Program and Dividends	12 Months Ended
	Jan. 31, 2016
Stock Repurchase Program and Dividends	Note K: Stock Repurchase Program and Dividends During fiscal 2015, we repurchased 2,950,438 shares of our common stock at an average cost of $76.26 per share and a total cost of approximately $224,995,000 under our $750,000,000 stock repurchase program. In addition, in March 2016, we announced that our Board of Directors had authorized a new stock repurchase program to purchase up to $500,000,000 of our common stock that we intend to execute over the next three years. As of January 31, 2016, we held treasury stock of $1,906,000 which represents the cost of shares available for issuance in certain foreign jurisdictions as a result of future stock-based award settlements. During fiscal 2014, we repurchased 3,331,557 shares of our common stock at an average cost of $67.35 per share and a total cost of approximately $224,377,000. During fiscal 2013, we repurchased 4,344,962 shares of our common stock at an average cost of $55.07 per share and a total cost of approximately $239,274,000. Stock repurchases under these programs may be made through open market and privately negotiated transactions at times and in such amounts as management deems appropriate. The timing and actual number of shares repurchased will depend on a variety of factors including price, corporate and regulatory requirements, capital availability and other market conditions. The stock repurchase programs do not have an expiration date and may be limited or terminated at any time without prior notice. Total cash dividends declared in fiscal 2015, fiscal 2014 and fiscal 2013, were approximately $130,290,000, or $1.40 per common share, $125,378,000, or $1.32 per common share and $121,688,000, or $1.24 per common share, respectively. In March 2016, we announced that our Board of Directors had authorized a 6% increase in our quarterly cash dividend, from $0.35 to $0.37 per common share, subject to capital availability. Our quarterly cash dividend may be limited or terminated at any time.

Segment Reporting

Segment Reporting	12 Months Ended
	Jan. 31, 2016
Segment Reporting	Note L: Segment Reporting We have two reportable segments, e-commerce and retail. The e-commerce segment has the following merchandising strategies: Williams-Sonoma, Pottery Barn, Pottery Barn Kids, West Elm, PBteen, Williams-Sonoma Home, Rejuvenation and Mark and Graham, which sell our products through our e-commerce websites and direct-mail catalogs. Our e-commerce merchandising strategies are operating segments, which have been aggregated into one reportable segment, e-commerce. The retail segment has the following merchandising strategies: Williams-Sonoma, Pottery Barn, Pottery Barn Kids, West Elm and Rejuvenation, which sell our products through our retail stores. Our retail merchandising strategies are operating segments, which have been aggregated into one reportable segment, retail. Management’s expectation is that the overall economic characteristics of each of our operating segments will be similar over time based on management’s judgment that the operating segments have had similar historical economic characteristics and are expected to have similar long-term financial performance in the future. These reportable segments are strategic business units that offer similar products for the home. They are managed separately because the business units utilize two distinct distribution and marketing strategies. Based on management’s best estimate, our operating segments include allocations of certain expenses, including advertising and employment costs, to the extent they have been determined to benefit both channels. These operating segments are aggregated at the channel level for reporting purposes due to the fact that our brands are interdependent for economies of scale and we do not maintain fully allocated income statements at the brand level. As a result, material financial decisions related to the brands are made at the channel level. Furthermore, it is not practicable for us to report revenue by product group. We use operating income to evaluate segment profitability. Operating income is defined as earnings (loss) before net interest income (expense) and income taxes. Unallocated costs before interest and income taxes include corporate employee-related costs, occupancy expenses (including depreciation expense), administrative costs and third party service costs, primarily in our corporate administrative and systems departments. Unallocated assets include corporate cash and cash equivalents, deferred income taxes, the net book value of corporate facilities and related information systems, and other corporate long-lived assets. Income tax information by reportable segment has not been included as income taxes are calculated at a company-wide level and are not allocated to each reportable segment. Segment Information In thousands E-commerce Retail Unallocated Total Fiscal 2015 Net revenues 1 $ 2,522,580 $ 2,453,510 $ — $ 4,976,090 Depreciation and amortization expense 32,056 83,027 52,677 167,760 Operating income 562,081 239,288 (312,735 ) 488,634 Assets 2 625,951 1,049,892 741,584 2,417,427 Capital expenditures 22,293 102,717 77,925 202,935 Fiscal 2014 Net revenues 1 $ 2,370,694 $ 2,328,025 $ — $ 4,698,719 Depreciation and amortization expense 32,116 80,154 50,003 162,273 Operating income 560,396 248,535 (306,666 ) 502,265 Assets 2 600,503 1,028,293 701,481 2,330,277 Capital expenditures 41,633 97,247 65,920 204,800 Fiscal 2013 Net revenues 1 $ 2,115,022 $ 2,272,867 $ — $ 4,387,889 Depreciation and amortization expense 25,588 78,423 45,784 149,795 Operating income 502,143 248,894 (298,939 ) 452,098 Assets 2 517,086 975,994 843,654 2,336,734 Capital expenditures 38,195 89,331 66,427 193,953 1 Includes net revenues related to our international operations (including our operations in Canada, Australia, the United Kingdom and our franchise businesses) of approximately $298.9 million, $235.8 million and $215.5 million in fiscal 2015, fiscal 2014 and fiscal 2013, respectively. 2 Includes long-term assets related to our international operations of approximately $61.7 million, $58.3 million and $61.4 million in fiscal 2015, fiscal 2014 and fiscal 2013, respectively.

Derivative Financial Instrument

Derivative Financial Instruments	12 Months Ended
	Jan. 31, 2016
Derivative Financial Instruments	Note M: Derivative Financial Instruments We have retail and/or e-commerce businesses in Canada, Australia and the United Kingdom, and operations throughout Asia and Europe, which expose us to market risk associated with foreign currency exchange rate fluctuations. Substantially all of our purchases and sales are denominated in U.S. dollars, which limits our exposure to this risk. To mitigate this risk, we hedge a portion of our foreign currency exposure with foreign currency forward contracts in accordance with our risk management policies. We do not enter into such contracts for speculative purposes. The assets or liabilities associated with the derivative instruments are measured at fair value and recorded in either other current assets or other current liabilities. As discussed below, the accounting for gains and losses resulting from changes in fair value depends on whether the derivative instrument is designated as a hedge and qualifies for hedge accounting in accordance with the Financial Accounting Standards Board Accounting Standards Codification (“ASC”) 815, Derivatives and Hedging Cash Flow Hedges We enter into foreign currency forward contracts designated as cash flow hedges (to sell Canadian dollars and purchase U.S. dollars) for forecasted inventory purchases in U.S. dollars by our foreign subsidiaries. These hedges generally have terms of up to 12 months. All hedging relationships are formally documented, and the forward contracts are designed to mitigate foreign currency exchange risk on hedged transactions. We record the effective portion of changes in the fair value of our cash flow hedges in other comprehensive income (“OCI”) until the earlier of when the hedged forecasted inventory purchase occurs or the respective contract reaches maturity. Subsequently, as the inventory is sold to the customer, we reclassify amounts previously recorded in OCI to cost of goods sold. Changes in the fair value of the forward contract related to interest charges (or forward points) are excluded from the assessment and measurement of hedge effectiveness and are recorded immediately in other income (expense), net. Based on the rates in effect as of January 31, 2016, we expect to reclassify a net gain of approximately $1,171,000 from OCI to cost of goods sold over the next 12 months. We also enter into non-designated foreign currency forward contracts (to sell Australian dollars and purchase U.S. dollars) to reduce the exchange risk associated with our assets and liabilities denominated in a foreign currency. Any foreign exchange gains (losses) related to these contracts are recognized in other income (expense), net. As of January 31, 2016, and February 1, 2015, we had foreign currency forward contracts outstanding (in U.S. dollars) with notional values as follows: In thousands Jan. 31, 2016 Feb. 1, 2015 Contracts designated as cash flow hedges $ 24,500 $ 15,900 Contracts not designated as cash flow hedges $ 40,000 $ 21,000 Hedge effectiveness is evaluated prospectively at inception, on an ongoing basis, as well as retrospectively using regression analysis. Any measureable ineffectiveness of the hedge is recorded in other income (expense), net. No gain or loss was recognized for cash flow hedges due to hedge ineffectiveness and all hedges were deemed effective for assessment purposes for fiscal 2015, fiscal 2014 and fiscal 2013. The effect of derivative instruments in our Consolidated Financial Statements, pre tax, was as follows: In thousands Fiscal 2015 Fiscal 2014 Fiscal 2013 Net gain recognized in OCI $ 1,454 $ 1,153 $ 870 Net gain reclassified from OCI into cost of goods sold $ 1,605 $ 573 $ 129 Net foreign exchange gain (loss) recognized in other income (expense): Instruments designated as cash flow hedges 1 $ (66 ) $ (155 ) $ (109 ) Instruments not designated or de-designated 2 $ 2,838 $ (1,795 ) $ 906 1 Changes in fair value of the forward contract related to interest charges (or forward points). 2 Changes in fair value for instruments not designated as cash flow hedges as well as de-designated instruments. The fair values of our derivative financial instruments are presented below. All fair values were measured using Level 2 inputs as defined by the fair value hierarchy described in Note N. In thousands Balance sheet location Jan. 31, 2016 Feb. 1, 2015 Derivatives designated as hedging instruments: Cash flow hedge foreign currency forward contracts Other current assets $ 866 $ 1,015 Cash flow hedge foreign currency forward contracts Other current liabilities (115 ) (9 ) Total, net $ 751 $ 1,006 Derivatives not designated as hedging instruments: Foreign currency forward contracts Other current assets $ — $ 427 Foreign currency forward contracts Other current liabilities (471 ) — Total, net $ (471 ) $ 427 We record all derivative assets and liabilities on a gross basis. They do not meet the balance sheet netting criteria as discussed in ASC 210, Balance Sheet

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Jan. 31, 2016
Fair Value Measurements	Note N: Fair Value Measurements Fair value is the price that would be received from selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. We determine the fair value of financial and non-financial assets and liabilities using the fair value hierarchy established by ASC 820, Fair Value Measurement • Level 1: inputs which include quoted prices in active markets for identical assets or liabilities; • Level 2: inputs which include observable inputs other than Level 1 inputs, such as quoted prices in active markets for similar assets or liabilities; quoted prices for identical or similar assets or liabilities in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the asset or liability; and • Level 3: inputs which include unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the underlying asset or liability. The fair values of our cash and cash equivalents are based on Level 1 inputs, which include quoted prices in active markets for identical assets. Foreign Currency Derivatives and Hedging Instruments We use the income approach to value our derivatives using observable Level 2 market data at the measurement date and standard valuation techniques to convert future amounts to a single present value amount, assuming that participants are motivated but not compelled to transact. Level 2 inputs are limited to quoted prices that are observable for the assets and liabilities, which include interest rates and credit risk ratings. We use mid-market pricing as a practical expedient for fair value measurements. Key inputs for currency derivatives are the spot rates, forward rates, interest rates and credit derivative market rates. The counterparties associated with our foreign currency forward contracts are large credit-worthy financial institutions, and the derivatives transacted with these entities are relatively short in duration, therefore, we do not consider counterparty concentration and non-performance to be material risks at this time. Both we and our counterparties are expected to perform under the contractual terms of the instruments. None of the derivative contracts entered into are subject to credit risk-related contingent features or collateral requirements. Property and Equipment We review the carrying value of all long-lived assets for impairment, primarily at a store level, whenever events or changes in circumstances indicate that the carrying value of an asset may not be recoverable. We measure these assets at fair value on a nonrecurring basis using Level 3 inputs as defined in the fair value hierarchy. The fair value is based on the present value of estimated future cash flows using a discount rate that approximates our weighted average cost of capital. There were no transfers between Level 1, 2 or 3 categories during fiscal 2015 and fiscal 2014.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income	12 Months Ended
	Jan. 31, 2016
Accumulated Other Comprehensive Income	Note O. Accumulated Other Comprehensive Income Changes in accumulated other comprehensive income (loss) by component, net of tax, are as follows: In thousands Foreign Currency Cash Flow Accumulated Other Balance at February 3, 2013 $ 13,633 $ — $ 13,633 Foreign currency translation adjustments (7,850 ) — (7,850 ) Change in fair value of derivative financial instruments — 870 870 Reclassification adjustment for realized gains on derivative financial instruments 1 — (129 ) (129 ) Other comprehensive income (loss) (7,850 ) 741 (7,109 ) Balance at February 2, 2014 5,783 741 6,524 Foreign currency translation adjustments (9,305 ) — (9,305 ) Change in fair value of derivative financial instruments — 806 806 Reclassification adjustment for realized gains on derivative financial instruments 1 — (573 ) (573 ) Other comprehensive income (loss) (9,305 ) 233 (9,072 ) Balance at February 1, 2015 (3,522 ) 974 (2,548 ) Foreign currency translation adjustments (7,958 ) — (7,958 ) Change in fair value of derivative financial instruments — 1,074 1,074 Reclassification adjustment for realized gains on derivative financial instruments 1 — (1,184 ) (1,184 ) Other comprehensive income (loss) (7,958 ) (110 ) (8,068 ) Balance at January 31, 2016 $ (11,480 ) $ 864 $ (10,616 ) 1 Refer to Note M for additional disclosures about reclassifications out of accumulated other comprehensive income and their corresponding effects on the respective line items in the Consolidated Statements of Earnings.

Summary of Significant Accoun23

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Jan. 31, 2016
Fiscal Year	Fiscal Year Our fiscal year ends on the Sunday closest to January 31, based on a 52 or 53-week year. Fiscal 2015, a 52-week year, ended on January 31, 2016; Fiscal 2014, a 52-week year, ended on February 1, 2015; and fiscal 2013, a 52-week year, ended on February 2, 2014.
Use of Estimates	Use of Estimates The preparation of financial statements in accordance with accounting principles generally accepted in the United States of America requires us to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses and related disclosures of contingent assets and liabilities. These estimates and assumptions are evaluated on an ongoing basis and are based on historical experience and various other factors that we believe to be reasonable under the circumstances. Actual results could differ from these estimates.
Cash Equivalents	Cash Equivalents Cash equivalents include highly liquid investments with an original maturity of three months or less. As of January 31, 2016, we were invested primarily in demand deposit accounts and money market funds. Book cash overdrafts issued, but not yet presented to the bank for payment, are reclassified to accounts payable.
Restricted Cash	Restricted Cash Restricted cash represents deposits held in trusts to secure our liabilities associated with our workers’ compensation and other insurance programs. During fiscal 2014, we redeemed restricted cash deposits of $14,289,000 previously held under collateralized trust agreements. We held no restricted cash during fiscal 2015.
Accounts Receivable and Allowance for Doubtful Accounts	Accounts Receivable and Allowance for Doubtful Accounts Accounts receivable are stated at their carrying values, net of an allowance for doubtful accounts. Accounts receivable consist primarily of credit card, franchisee and landlord receivables for which collectability is reasonably assured. Receivables are evaluated for collectability on a regular basis and an allowance for doubtful accounts is recorded, if necessary. Our allowance for doubtful accounts was not material to our financial statements as of January 31, 2016 and February 1, 2015.
Merchandise Inventories	Merchandise Inventories Merchandise inventories, net of an allowance for excess quantities and obsolescence, are stated at the lower of cost (weighted average method) or market. To determine if the value of our inventory should be reduced below cost, we consider current and anticipated demand, customer preferences and age of the merchandise. The significant estimates used in inventory valuation are obsolescence (including excess and slow-moving inventory and lower of cost or market reserves) and estimates of inventory shrinkage. We reserve for obsolescence based on historical trends, aging reports, specific identification and our estimates of future sales and selling prices. Reserves for shrinkage are estimated and recorded throughout the year, as a percentage of net sales based on historical shrinkage results, expectations of future shrinkage and current inventory levels. Actual shrinkage is recorded at year-end based on the results of our physical inventory counts and can vary from our estimates due to such factors as changes in operations, the mix of our inventory (which ranges from large furniture to small tabletop items) and execution against loss prevention initiatives in our stores, distribution centers, off-site storage locations, and with our third party warehouse and transportation providers. Accordingly, there is no shrinkage reserve at year-end. Our obsolescence and shrinkage reserve calculations contain estimates that require management to make assumptions and to apply judgment regarding a number of factors, including market conditions, the selling environment, historical results and current inventory trends. If actual obsolescence or shrinkage estimates change from our original estimate, we will adjust our reserves accordingly throughout the year. We have made no material changes to our assumptions included in the calculations of the obsolescence and shrinkage reserves throughout the year. As of January 31, 2016 and February 1, 2015, our inventory obsolescence reserves were $9,782,000 and $10,244,000, respectively.
Advertising and Prepaid Catalog Expenses	Advertising and Prepaid Catalog Expenses Advertising expenses consist of media and production costs related to catalog mailings, e-commerce advertising and other direct marketing activities. All advertising costs are expensed as incurred, or upon the release of the initial advertisement, with the exception of prepaid catalog expenses. Prepaid catalog expenses consist primarily of third party incremental direct costs, including creative design, paper, printing, postage and mailing costs for all of our direct response catalogs. Such costs are capitalized as prepaid catalog expenses and are amortized over their expected period of future benefit. Each catalog is generally fully amortized over a six to nine month period, with the majority of the amortization occurring within the first four to five months. Prepaid catalog expenses are evaluated for realizability on a monthly basis by comparing the carrying amount associated with each catalog to the estimated future profitability (net revenues less merchandise cost of goods sold, selling expenses and catalog-related costs) of that catalog. If the estimated future profitability of the catalog is below its carrying amount, the catalog is impaired accordingly. Total advertising expenses (including catalog advertising, e-commerce advertising and all other advertising costs) were approximately $333,276,000, $330,070,000 and $325,708,000 in fiscal 2015, fiscal 2014 and fiscal 2013, respectively.
Property and Equipment	Property and Equipment Property and equipment is stated at cost. Depreciation is calculated using the straight-line method over the following estimated useful lives: Leasehold improvements Shorter of estimated useful life or lease term (generally 3 – 22 years) Fixtures and equipment 2 – 20 years Buildings and building improvements 10 – 40 years Capitalized software 2 – 10 years We review the carrying value of all long-lived assets for impairment, primarily at a store level, whenever events or changes in circumstances indicate that the carrying value of an asset may not be recoverable. Our impairment analyses determine whether projected cash flows from operations are sufficient to recover the carrying value of these assets. Impairment may result when the carrying value of the asset exceeds the estimated undiscounted future cash flows over its remaining useful life. For store impairment, our estimate of undiscounted future cash flows over the store lease term is based upon our experience, historical operations of the stores and estimates of future store profitability and economic conditions. The future estimates of store profitability and economic conditions require estimating such factors as sales growth, gross margin, employment rates, lease escalations, inflation and the overall economics of the retail industry, and are therefore subject to variability and difficult to predict. Actual future results may differ from those estimates. If a long-lived asset is found to be impaired, the amount recognized for impairment is equal to the difference between the asset’s net carrying value and its fair value. Long-lived assets are measured at fair value on a nonrecurring basis using Level 3 inputs as defined in the fair value hierarchy. The fair value is based on the present value of estimated future cash flows using a discount rate that approximates our weighted average cost of capital. During fiscal 2015, fiscal 2014 and fiscal 2013, we recorded expense of approximately $2,100,000, $241,000 and $561,000, respectively, associated with asset impairment charges related to our retail stores, all of which is recorded within selling, general and administrative expenses. For any store or facility closure where a lease obligation still exists, we record the estimated future liability associated with the rental obligation on the cease use date.
Goodwill	Goodwill Goodwill is not amortized, but rather is subject to impairment testing annually (on the first day of the fourth quarter), or between annual tests whenever events or changes in circumstances indicate that the fair value of a reporting unit may be below its carrying amount. The first step of the impairment test requires determining the fair value of the reporting unit. We use the income approach, whereby we calculate the fair value based on the present value of estimated future cash flows using a discount rate that approximates our weighted average cost of capital. The process of evaluating the potential impairment of goodwill is subjective and requires significant estimates and assumptions about the future, such as sales growth, gross margins, employment rates, capital expenditures, inflation and future economic and market conditions. Actual future results may differ from those estimates. If the carrying value of the reporting unit’s assets and liabilities, including goodwill, is in excess of its fair value, goodwill may be impaired, and we must perform a second step of comparing the implied fair value of the goodwill to its carrying value to determine the impairment charge, if any. At January 31, 2016 and February 1, 2015, we had goodwill of $18,703,000 and $18,740,000, respectively, included in other assets, primarily related to our fiscal 2011 acquisition of Rejuvenation Inc. We did not recognize any goodwill impairment in fiscal 2015, fiscal 2014 or fiscal 2013.
Self-Insured Liabilities	Self-Insured Liabilities We are primarily self-insured for workers’ compensation, employee health benefits and product and general liability claims. We record self-insurance liabilities based on claims filed, including the development of those claims, and an estimate of claims incurred but not yet reported. Factors affecting these estimates include future inflation rates, changes in severity, benefit level changes, medical costs and claim settlement patterns. Should a different amount of claims occur compared to what was estimated, or costs of the claims increase or decrease beyond what was anticipated, reserves may need to be adjusted accordingly. We determine our workers’ compensation liability and product and general liability claims reserves based on an actuarial analysis of historical claims data. Self-insurance reserves for employee health benefits, workers’ compensation and product and general liability claims were $25,290,000 and $24,901,000 as of January 31, 2016 and February 1, 2015, respectively.
Customer Deposits	Customer Deposits Customer deposits are primarily comprised of unredeemed gift cards and merchandise credits and deferred revenue related to undelivered merchandise. We maintain a liability for unredeemed gift cards and merchandise credits until the earlier of redemption, escheatment or four years as we have concluded that the likelihood of our gift cards being redeemed beyond four years from the date of issuance is remote. Income from unredeemed gift cards and merchandise credits, which is recorded in other income within selling, general and administrative expense, is not material to our consolidated financial statements. Our gift cards and merchandise credits have no expiration dates.
Deferred Rent and Lease Incentives	Deferred Rent and Lease Incentives For leases that contain fixed escalations of the minimum annual lease payment during the original term of the lease, we recognize rental expense on a straight-line basis over the lease term, including the construction period, and record the difference between rent expense and the amount currently payable as deferred rent. Deferred lease incentives include construction allowances received from landlords, which are amortized on a straight-line basis over the lease term, including the construction period.
Fair Value of Financial Instruments	Fair Value of Financial Instruments The carrying values of cash and cash equivalents, accounts receivable, accounts payable and debt approximate their estimated fair values. We use derivative instruments to hedge against foreign currency exchange rate fluctuations. The assets or liabilities associated with our derivative financial instruments are recorded at fair value in either other current assets or other current liabilities. The fair value of our foreign currency derivative instruments is measured using the income approach whereby we use observable market data at the measurement date and standard valuation techniques to convert future amounts to a single present value amount. These observable inputs include spot rates, forward rates, interest rates and credit derivative market rates (refer to Notes M and N for additional information).
Revenue Recognition	Revenue Recognition We recognize revenues and the related cost of goods sold (including shipping costs) at the time the products are delivered to our customers. Revenue is recognized for retail sales (excluding home-delivered merchandise) at the point of sale in the store and, for home-delivered merchandise and e-commerce sales, when the merchandise is delivered to the customer. Discounts provided to customers are accounted for as a reduction of sales. We record a reserve for estimated product returns in each reporting period. Shipping and handling fees charged to the customer are recognized as revenue at the time the products are delivered to the customer. Revenues are presented net of any taxes collected from customers and remitted to governmental authorities.
Sales Returns Reserve	Sales Returns Reserve Our customers may return purchased items for an exchange or refund. We record a reserve for estimated product returns, net of cost of goods sold, based on historical return trends together with current product sales performance. A summary of activity in our sales returns reserve is as follows: In thousands Fiscal 2015 1 Fiscal 2014 1 Fiscal 2013 1 Balance at beginning of year $ 14,782 $ 15,954 $ 14,397 Provision for sales returns 321,421 311,911 293,929 Actual sales returns (317,090 ) (313,083 ) (292,372 ) Balance at end of year $ 19,113 $ 14,782 $ 15,954 1 Amounts are shown net of cost of goods sold.
Vendor Allowances	Vendor Allowances We receive allowances or credits from certain vendors for volume rebates. We treat such volume rebates as an offset to the cost of the product or services provided at the time the expense is recorded. These allowances and credits received are recorded in both cost of goods sold and in selling, general and administrative expenses.
Cost of Goods Sold	Cost of Goods Sold Cost of goods sold includes cost of goods, occupancy expenses and shipping costs. Cost of goods consists of cost of merchandise, inbound freight expenses, freight-to-store expenses and other inventory related costs such as shrinkage, damages and replacements. Occupancy expenses consist of rent, depreciation and other occupancy costs, including common area maintenance, property taxes and utilities. Shipping costs consist of third party delivery services and shipping materials.
Selling, General and Administrative Expenses	Selling, General and Administrative Expenses Selling, general and administrative expenses consist of non-occupancy related costs associated with our retail stores, distribution warehouses, customer care centers, supply chain operations (buying, receiving and inspection) and corporate administrative functions. These costs include employment, advertising, third party credit card processing and other general expenses.
Stock-Based Compensation	Stock-Based Compensation We account for stock-based compensation arrangements by measuring and recognizing compensation expense in our Consolidated Financial Statements for all stock-based awards using a fair value based method. Restricted stock units are valued using the closing price of our stock on the date prior to the date of grant. The fair value of each stock-based award is amortized over the requisite service period.
Foreign Currency Translation	Foreign Currency Translation Some of our foreign operations have a functional currency other than the U.S. dollar. Assets and liabilities are translated into U.S. dollars using the current exchange rates in effect at the balance sheet date, while revenues and expenses are translated at the average exchange rates during the period. The resulting translation adjustments are recorded as other comprehensive income within stockholders’ equity. Gains and losses are included in selling, general and administrative expenses (except for those discussed in Note M).
Earnings Per Share	Earnings Per Share Basic earnings per share is computed as net earnings divided by the weighted average number of common shares outstanding for the period. Diluted earnings per share is computed as net earnings divided by the weighted average number of common shares outstanding for the period plus common stock equivalents. Common stock equivalents consist of shares subject to stock-based awards with exercise prices less than or equal to the average market price of our common stock for the period, to the extent their inclusion would be dilutive.
Income Taxes	Income Taxes Income taxes are accounted for using the asset and liability method. Under this method, deferred income taxes arise from temporary differences between the tax basis of assets and liabilities and their reported amounts in our Consolidated Financial Statements. We record reserves for our estimates of the additional income tax liability that is more likely than not to result from the ultimate resolution of foreign and domestic tax examinations. At any one time, many tax years are subject to examination by various taxing jurisdictions. The results of these audits and negotiations with taxing authorities may affect the ultimate settlement of these issues. We review and update the estimates used in the accrual for uncertain tax positions as more definitive information becomes available from taxing authorities, upon completion of tax examination, upon expiration of statutes of limitation, or upon occurrence of other events. In order to compute income tax on an interim basis, we estimate what our effective tax rate will be for the full fiscal year and adjust these estimates throughout the year as necessary. Adjustments to our income tax provision due to changes in our estimated effective tax rate are recorded in the interim period in which the change occurs. The tax expense (or benefit) related to items other than ordinary income is individually computed and recognized when the items occur. Our effective tax rate in a given financial statement period may be materially impacted by changes in the mix and level of our earnings in various taxing jurisdictions.
New Accounting Pronouncements	New Accounting Pronouncements In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-09, Revenue from Contracts with Customers Revenue from Contracts with Customers: Principal versus Agent Considerations In November 2015, the FASB issued ASU 2015-17, Balance Sheet Classification of Deferred Taxes In January 2016, the FASB issued ASU 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities In February 2016, the FASB issued ASU 2016-02, Leases

Summary of Significant Accoun24

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Jan. 31, 2016
Schedule of Estimated Useful Lives of Property, Plant And Equipment	Depreciation is calculated using the straight-line method over the following estimated useful lives: Leasehold improvements Shorter of estimated useful life or lease term (generally 3 – 22 years) Fixtures and equipment 2 – 20 years Buildings and building improvements 10 – 40 years Capitalized software 2 – 10 years
Schedule of Summary of Activity in Sales Returns Reserve	A summary of activity in our sales returns reserve is as follows: In thousands Fiscal 2015 1 Fiscal 2014 1 Fiscal 2013 1 Balance at beginning of year $ 14,782 $ 15,954 $ 14,397 Provision for sales returns 321,421 311,911 293,929 Actual sales returns (317,090 ) (313,083 ) (292,372 ) Balance at end of year $ 19,113 $ 14,782 $ 15,954 1 Amounts are shown net of cost of goods sold.

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
	Jan. 31, 2016
Schedule of Property and Equipment	Property and equipment consists of the following: In thousands Jan. 31, 2016 Feb. 1, 2015 Leasehold improvements $ 861,852 $ 852,372 Fixtures and equipment 714,911 691,001 Capitalized software 455,954 431,259 Land and buildings 172,782 192,841 Corporate systems projects in progress 1 115,296 91,885 Construction in progress 2 20,325 10,119 Total 2,341,120 2,269,477 Accumulated depreciation (1,454,307 ) (1,386,465 ) Property and equipment, net $ 886,813 $ 883,012 1 Corporate systems projects in progress as of January 31, 2016 and February 1, 2015 include approximately $77.6 million and $56.8 million, respectively, for the portion of our new inventory and order management system currently under development and not ready for its intended use. 2 Construction in progress primarily consists of leasehold improvements and furniture and fixtures related to new, expanded or remodeled retail stores where construction had not been completed as of year-end.

Borrowing Arrangements (Tables)

Borrowing Arrangements (Tables)	12 Months Ended
	Jan. 31, 2016
Schedule of Long-Term Debt	Long-term debt consists of the following: In thousands Jan. 31, 2016 Feb. 1, 2015 Memphis-based distribution facility obligation (see Note F) $ — $ 1,968

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Jan. 31, 2016
Schedule of Components of Earnings Before Income Taxes, By Tax Jurisdiction	The components of earnings before income taxes, by tax jurisdiction, are as follows: In thousands Fiscal 2015 Fiscal 2014 Fiscal 2013 United States $ 462,701 $ 482,739 $ 448,764 Foreign 25,306 19,464 3,918 Total earnings before income taxes $ 488,007 $ 502,203 $ 452,682
Schedule of Components of Provision for Income Taxes	The provision for income taxes consists of the following: In thousands Fiscal 2015 Fiscal 2014 Fiscal 2013 Current Federal $ 156,812 $ 157,227 $ 173,686 State 22,969 31,959 25,748 Foreign 5,594 4,411 2,690 Total current 185,375 193,597 202,124 Deferred Federal (6,093 ) 2,719 (26,324 ) State 1,258 (2,547 ) (1,277 ) Foreign (2,601 ) (420 ) (743 ) Total deferred (7,436 ) (248 ) (28,344 ) Total provision $ 177,939 $ 193,349 $ 173,780
Schedule of Reconciliation of Income Taxes at Federal Statutory Corporate Rate to Effective Rate	A reconciliation of income taxes at the federal statutory corporate rate to the effective rate is as follows: Fiscal 2015 Fiscal 2014 Fiscal 2013 Federal income taxes at the statutory rate 35.0% 35.0% 35.0% State income tax rate 3.2% 4.0% 3.7% Other (1.7% ) (0.5% ) (0.3% ) Effective tax rate 36.5% 38.5% 38.4%
Schedule of Components of Deferred Tax Accounts	Significant components of our deferred tax accounts are as follows: Deferred tax assets (liabilities), in thousands Jan. 31, 2016 Feb. 1, 2015 Customer deposits $ 64,742 $ 60,989 Merchandise inventories 31,752 30,328 Stock-based compensation 21,365 19,857 Deferred rent 19,952 18,925 Accrued liabilities 17,028 28,866 Compensation 15,776 15,968 State taxes 6,723 7,061 Executive deferral plan 6,003 5,437 Deferred lease incentives (36,475 ) (37,098 ) Prepaid catalog expenses (10,883 ) (12,753 ) Depreciation (4,527 ) (9,888 ) Other 11,451 8,759 Valuation allowance (1,123 ) (1,568 ) Total deferred tax assets, net $ 141,784 $ 134,883
Summary of Activity Related to Gross Unrecognized Tax Benefits	The following table summarizes the activity related to our gross unrecognized tax benefits: In thousands Fiscal 2015 Fiscal 2014 Fiscal 2013 Balance at beginning of year $ 14,359 $ 10,765 $ 8,990 Increases related to current year’s tax positions 2,765 3,093 3,351 Increases related to prior years’ tax positions 101 2,007 328 Decreases related to prior years’ tax positions (341 ) (138 ) (42 ) Settlements (2,912 ) (1,144 ) (170 ) Lapses in statute of limitations (682 ) (224 ) (1,692 ) Balance at end of year $ 13,290 $ 14,359 $ 10,765

Accounting for Leases (Tables)

Accounting for Leases (Tables)	12 Months Ended
	Jan. 31, 2016
Schedule of Total Rent Expense for All Operating Leases	Total rent expense for all operating leases was as follows: In thousands Fiscal 2015 Fiscal 2014 Fiscal 2013 Rent expense $ 224,564 $ 215,221 $ 201,727 Contingent rent expense 33,985 32,699 34,608 Rent expense before deferred lease incentive income 258,549 247,920 236,335 Deferred lease incentive income (24,679 ) (24,420 ) (25,385 ) Less: sublease rental income (608 ) (560 ) (536 ) Total rent expense 1 $ 233,262 $ 222,940 $ 210,414 1 Excludes all other occupancy-related costs including depreciation, common area maintenance, property taxes and utilities.
Schedule of Aggregate Future Minimum Annual Cash Rental Payments Under Non-Cancelable Operating Leases	The aggregate future minimum annual cash rental payments under non-cancelable operating leases in effect at January 31, 2016 were as follows: In thousands Lease Commitments 1 Fiscal 2016 $ 257,805 Fiscal 2017 242,036 Fiscal 2018 218,381 Fiscal 2019 197,055 Fiscal 2020 168,046 Thereafter 650,585 Total $ 1,733,908 1 Projected cash payments include only those amounts that are fixed and determinable as of the reporting date and are not necessarily representative of future expected rent expense. We currently pay rent for certain store locations based on a percentage of store sales. As future store sales cannot be predicted with certainty, projected payments for these locations are based on minimum rent, which is generally higher than rent based on a percentage of store sales. We incur other lease obligation expenses, such as common area maintenance and other executory costs, which are not fixed in nature and are thus not included in the future projected cash payments reflected above. In addition, projected cash payments do not include any benefit from deferred lease incentive income, which is reflected within “Total rent expense” above.

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
	Jan. 31, 2016
Reconciliation of Net Earnings and Number of Shares Used In Basic and Diluted Earnings per Share Computations	The following is a reconciliation of net earnings and the number of shares used in the basic and diluted earnings per share computations: In thousands, except per share amounts Net Earnings Weighted Earnings Fiscal 2015 Basic $ 310,068 90,787 $ 3.42 Effect of dilutive stock-based awards 1,315 Diluted $ 310,068 92,102 $ 3.37 Fiscal 2014 Basic $ 308,854 93,634 $ 3.30 Effect of dilutive stock-based awards 1,566 Diluted $ 308,854 95,200 $ 3.24 Fiscal 2013 Basic $ 278,902 96,669 $ 2.89 Effect of dilutive stock-based awards 2,096 Diluted $ 278,902 98,765 $ 2.82

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	12 Months Ended
	Jan. 31, 2016
Summary of Stock Options Activity	The following table summarizes our stock option activity during fiscal 2015: Shares Weighted Exercise Weighted Average Intrinsic 1 Balance at February 1, 2015 (100% vested) 107,000 $ 39.05 Granted — — Exercised (68,500 ) $ 38.64 Cancelled — — Balance at January 31, 2016 (100% vested) 38,500 $ 39.80 0.31 $ 457,000 1 Intrinsic value for outstanding and vested options is based on the excess of the market value of our common stock on the last business day of the fiscal year (or $51.66) over the exercise price.
Summary of Stock-Settled Stock Appreciation Rights Activity	The following table summarizes our stock-settled stock appreciation right activity during fiscal 2015: Shares Weighted Average Conversion 1 Weighted Average Contractual Term Intrinsic 2 Balance at February 1, 2015 1,159,948 $ 29.36 Granted — — Converted into common stock (521,913 ) 31.26 Cancelled (3,426 ) 35.10 Balance at January 31, 2016 (100% vested) 634,609 $ 27.76 2.23 $ 15,165,000 1 Conversion price is equal to the market value on the date of grant. 2 Intrinsic value for outstanding and vested rights is based on the excess of the market value of our common stock on the last business day of the fiscal year (or $51.66) over the conversion price.
Summary of Restricted Stock Units Activity	The following table summarizes our restricted stock unit activity during fiscal 2015: Shares Weighted Fair Value Weighted Average Contractual Term Intrinsic Value 1 Balance at February 1, 2015 2,313,477 $ 52.47 Granted 821,072 76.19 Released (656,452 ) 51.34 Cancelled (189,139 ) 57.45 Balance at January 31, 2016 2,288,958 $ 60.89 2.50 $ 118,248,000 Vested plus expected to vest at January 31, 2016 1,436,810 $ 61.20 2.35 $ 74,226,000 1 Intrinsic value for outstanding and unvested restricted stock units is based on the market value of our common stock on the last business day of the fiscal year (or $51.66).
Summary of Additional Information About Restricted Stock Units	The following table summarizes additional information about restricted stock units: Fiscal 2015 Fiscal 2014 Fiscal 2013 Weighted average grant date fair value per share of awards granted $ 76.19 $ 63.18 $ 53.59 Intrinsic value of awards released 1 $ 50,773,000 $ 101,189,000 $ 24,568,000 1 Intrinsic value for releases is based on the market value on the date of release.

Segment Reporting (Tables)

Segment Reporting (Tables)	12 Months Ended
	Jan. 31, 2016
Segment Information	Segment Information In thousands E-commerce Retail Unallocated Total Fiscal 2015 Net revenues 1 $ 2,522,580 $ 2,453,510 $ — $ 4,976,090 Depreciation and amortization expense 32,056 83,027 52,677 167,760 Operating income 562,081 239,288 (312,735 ) 488,634 Assets 2 625,951 1,049,892 741,584 2,417,427 Capital expenditures 22,293 102,717 77,925 202,935 Fiscal 2014 Net revenues 1 $ 2,370,694 $ 2,328,025 $ — $ 4,698,719 Depreciation and amortization expense 32,116 80,154 50,003 162,273 Operating income 560,396 248,535 (306,666 ) 502,265 Assets 2 600,503 1,028,293 701,481 2,330,277 Capital expenditures 41,633 97,247 65,920 204,800 Fiscal 2013 Net revenues 1 $ 2,115,022 $ 2,272,867 $ — $ 4,387,889 Depreciation and amortization expense 25,588 78,423 45,784 149,795 Operating income 502,143 248,894 (298,939 ) 452,098 Assets 2 517,086 975,994 843,654 2,336,734 Capital expenditures 38,195 89,331 66,427 193,953 1 Includes net revenues related to our international operations (including our operations in Canada, Australia, the United Kingdom and our franchise businesses) of approximately $298.9 million, $235.8 million and $215.5 million in fiscal 2015, fiscal 2014 and fiscal 2013, respectively. 2 Includes long-term assets related to our international operations of approximately $61.7 million, $58.3 million and $61.4 million in fiscal 2015, fiscal 2014 and fiscal 2013, respectively.

Derivative Financial Instrume32

Derivative Financial Instruments (Tables)	12 Months Ended
	Jan. 31, 2016
Foreign Currency Forward Contracts Outstanding	As of January 31, 2016, and February 1, 2015, we had foreign currency forward contracts outstanding (in U.S. dollars) with notional values as follows: In thousands Jan. 31, 2016 Feb. 1, 2015 Contracts designated as cash flow hedges $ 24,500 $ 15,900 Contracts not designated as cash flow hedges $ 40,000 $ 21,000
Effect of Derivative Instruments in Consolidated Financial Statements	The effect of derivative instruments in our Consolidated Financial Statements, pre tax, was as follows: In thousands Fiscal 2015 Fiscal 2014 Fiscal 2013 Net gain recognized in OCI $ 1,454 $ 1,153 $ 870 Net gain reclassified from OCI into cost of goods sold $ 1,605 $ 573 $ 129 Net foreign exchange gain (loss) recognized in other income (expense): Instruments designated as cash flow hedges 1 $ (66 ) $ (155 ) $ (109 ) Instruments not designated or de-designated 2 $ 2,838 $ (1,795 ) $ 906 1 Changes in fair value of the forward contract related to interest charges (or forward points). 2 Changes in fair value for instruments not designated as cash flow hedges as well as de-designated instruments.
Fair Values of Derivative Instruments	The fair values of our derivative financial instruments are presented below. All fair values were measured using Level 2 inputs as defined by the fair value hierarchy described in Note N. In thousands Balance sheet location Jan. 31, 2016 Feb. 1, 2015 Derivatives designated as hedging instruments: Cash flow hedge foreign currency forward contracts Other current assets $ 866 $ 1,015 Cash flow hedge foreign currency forward contracts Other current liabilities (115 ) (9 ) Total, net $ 751 $ 1,006 Derivatives not designated as hedging instruments: Foreign currency forward contracts Other current assets $ — $ 427 Foreign currency forward contracts Other current liabilities (471 ) — Total, net $ (471 ) $ 427

Accumulated Other Comprehensi33

Accumulated Other Comprehensive Income (Tables)	12 Months Ended
	Jan. 31, 2016
Changes in Accumulated Other Comprehensive Income (Loss) by Component, Net of Tax	Changes in accumulated other comprehensive income (loss) by component, net of tax, are as follows: In thousands Foreign Currency Cash Flow Accumulated Other Balance at February 3, 2013 $ 13,633 $ — $ 13,633 Foreign currency translation adjustments (7,850 ) — (7,850 ) Change in fair value of derivative financial instruments — 870 870 Reclassification adjustment for realized gains on derivative financial instruments 1 — (129 ) (129 ) Other comprehensive income (loss) (7,850 ) 741 (7,109 ) Balance at February 2, 2014 5,783 741 6,524 Foreign currency translation adjustments (9,305 ) — (9,305 ) Change in fair value of derivative financial instruments — 806 806 Reclassification adjustment for realized gains on derivative financial instruments 1 — (573 ) (573 ) Other comprehensive income (loss) (9,305 ) 233 (9,072 ) Balance at February 1, 2015 (3,522 ) 974 (2,548 ) Foreign currency translation adjustments (7,958 ) — (7,958 ) Change in fair value of derivative financial instruments — 1,074 1,074 Reclassification adjustment for realized gains on derivative financial instruments 1 — (1,184 ) (1,184 ) Other comprehensive income (loss) (7,958 ) (110 ) (8,068 ) Balance at January 31, 2016 $ (11,480 ) $ 864 $ (10,616 ) 1 Refer to Note M for additional disclosures about reclassifications out of accumulated other comprehensive income and their corresponding effects on the respective line items in the Consolidated Statements of Earnings.

Summary of Significant Accoun34

Summary of Significant Accounting Policies - Additional Information (Detail)	12 Months Ended
	Jan. 31, 2016USD ($)Store	Feb. 01, 2015USD ($)	Feb. 02, 2014USD ($)
Summary Of Significant Accounting Policies [Line Items]
Number of stores | Store	618
Restricted cash receipts		$ (14,289,000)	$ (1,766,000)
Restricted cash	$ 0
Inventory obsolescence reserves	$ 9,782,000	10,244,000
Prepaid catalog expenses, amortization period minimum, months	6 months
Prepaid catalog expenses, amortization period maximum, months	9 months
Advertising expenses	$ 333,276,000	330,070,000	325,708,000
Asset impairment and early lease termination charges	2,100,000	241,000	561,000
Goodwill included in other assets, net	18,703,000	18,740,000
Goodwill impairment	0	0	$ 0
Self-insurance reserves	$ 25,290,000	$ 24,901,000
Period of recognition for gift cards and merchandise credits, years	4 years
Majority Period Of Catalog Amortization
Summary Of Significant Accounting Policies [Line Items]
Prepaid catalog expenses, amortization period minimum, months	4 months
Prepaid catalog expenses, amortization period maximum, months	5 months

Estimated Useful Lives of Prope

Estimated Useful Lives of Property and Equipment (Detail)	12 Months Ended
	Jan. 31, 2016
Leasehold Improvements | Minimum
Property, Plant and Equipment [Line Items]
Useful life of assets, years	3 years
Leasehold Improvements | Maximum
Property, Plant and Equipment [Line Items]
Useful life of assets, years	22 years
Fixtures and Equipment | Minimum
Property, Plant and Equipment [Line Items]
Useful life of assets, years	2 years
Fixtures and Equipment | Maximum
Property, Plant and Equipment [Line Items]
Useful life of assets, years	20 years
Building and Building Improvements | Minimum
Property, Plant and Equipment [Line Items]
Useful life of assets, years	10 years
Building and Building Improvements | Maximum
Property, Plant and Equipment [Line Items]
Useful life of assets, years	40 years
Capitalized Software | Minimum
Property, Plant and Equipment [Line Items]
Useful life of assets, years	2 years
Capitalized Software | Maximum
Property, Plant and Equipment [Line Items]
Useful life of assets, years	10 years

Summary of Activity in Sales Re

Summary of Activity in Sales Returns Reserve (Detail) - USD ($) $ in Thousands		12 Months Ended
		Jan. 31, 2016	Feb. 01, 2015	Feb. 02, 2014
Summary Of Significant Accounting Policies [Line Items]
Balance at beginning of year	[1]	$ 14,782	$ 15,954	$ 14,397
Provision for sales returns	[1]	321,421	311,911	293,929
Actual sales returns	[1]	(317,090)	(313,083)	(292,372)
Balance at end of year	[1]	$ 19,113	$ 14,782	$ 15,954
[1]	Amounts are shown net of cost of goods sold.

Property and Equipment (Detail)

Property and Equipment (Detail) - USD ($) $ in Thousands		Jan. 31, 2016	Feb. 01, 2015
Property, Plant and Equipment [Line Items]
Property and equipment, gross		$ 2,341,120	$ 2,269,477
Accumulated depreciation		(1,454,307)	(1,386,465)
Property and equipment, net		886,813	883,012
Leasehold Improvements
Property, Plant and Equipment [Line Items]
Property and equipment, gross		861,852	852,372
Fixtures and Equipment
Property, Plant and Equipment [Line Items]
Property and equipment, gross		714,911	691,001
Capitalized Software
Property, Plant and Equipment [Line Items]
Property and equipment, gross		455,954	431,259
Land and buildings
Property, Plant and Equipment [Line Items]
Property and equipment, gross		172,782	192,841
Corporate systems projects in progress
Property, Plant and Equipment [Line Items]
Property and equipment, gross	[1]	115,296	91,885
Construction in progress
Property, Plant and Equipment [Line Items]
Property and equipment, gross	[2]	$ 20,325	$ 10,119
[1]	Corporate systems projects in progress as of January 31, 2016 and February 1, 2015 include approximately $77.6 million and $56.8 million, respectively, for the portion of our new inventory and order management system currently under development and not ready for its intended use.
[2]	Construction in progress primarily consists of leasehold improvements and furniture and fixtures related to new, expanded or remodeled retail stores where construction had not been completed as of year-end.

Property and Equipment (Parenth

Property and Equipment (Parenthetical) (Detail) - USD ($) $ in Thousands	Jan. 31, 2016	Feb. 01, 2015
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 2,341,120	$ 2,269,477
New Inventory And Order Management System Currently Under Development
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 77,600	$ 56,800

Long-Term Debt (Detail)

Long-Term Debt (Detail) $ in Thousands	Feb. 01, 2015USD ($)
Debt Instrument [Line Items]
Memphis-based distribution facility obligation (see Note F)	$ 1,968

Borrowing Arrangements - Additi

Borrowing Arrangements - Additional Information (Detail) - USD ($)	12 Months Ended
	Jan. 31, 2016	Feb. 01, 2015
Debt Instrument [Line Items]
Additional percentage over reference rate	2.00%
Interest rate description	Interest on unreimbursed amounts under the letter of credit facilities accrues at the lender's prime rate (or, if greater, the average rate on overnight federal funds plus one-half of one percent) plus 2.0%.
Amount outstanding under credit facility	$ 0	$ 0
Amount of borrowings under credit facility during period	200,000,000	$ 90,000,000
Maximum borrowing capacity under letter of credit facilities including additional borrowing capacity	$ 70,000,000
Letter of credit facilities, maturity date	Aug. 27, 2016
Outstanding letter of credit facilities	$ 6,088,000
Latest expiration date possible for future letters of credit	Jan. 24, 2017
Standby Letters of Credit
Debt Instrument [Line Items]
Amount issued but undrawn under credit facility	$ 13,367,000
Federal Funds
Debt Instrument [Line Items]
Additional percentage over reference rate	0.50%
Unsecured Revolving Line Of Credit
Debt Instrument [Line Items]
Current borrowing capacity	$ 500,000,000
Maximum borrowing capacity including additional borrowing capacity	$ 750,000,000
Credit facility, maturity date	Nov. 19, 2019
Interest rate description	We may elect interest rates calculated at (i) Bank of America's prime rate (or, if greater, the average rate on overnight federal funds plus one-half of one percent, or a rate based on LIBOR plus one percent) plus a margin based on our leverage ratio or (ii) LIBOR plus a margin based on our leverage ratio.
Weighted average interest rate	1.11%	1.05%
Unsecured Revolving Line Of Credit | Maximum
Debt Instrument [Line Items]
Additional borrowing capacity	$ 250,000,000
Unsecured Revolving Line Of Credit | Federal Funds
Debt Instrument [Line Items]
Additional percentage over reference rate	0.50%
Unsecured Revolving Line Of Credit | Libor
Debt Instrument [Line Items]
Additional percentage over reference rate	1.00%

Components of Earnings Before I

Components of Earnings Before Income Taxes, by Tax Jurisdiction (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2016	Feb. 01, 2015	Feb. 02, 2014
Schedule of Income Before Income Tax [Line Items]
United States	$ 462,701	$ 482,739	$ 448,764
Foreign	25,306	19,464	3,918
Earnings before income taxes	$ 488,007	$ 502,203	$ 452,682

Components Of Provision For Inc

Components Of Provision For Income Taxes (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2016	Feb. 01, 2015	Feb. 02, 2014
Provision For Income Taxes [Line Items]
Federal, Current	$ 156,812	$ 157,227	$ 173,686
State, Current	22,969	31,959	25,748
Foreign, Current	5,594	4,411	2,690
Total current	185,375	193,597	202,124
Federal, Deferred	(6,093)	2,719	(26,324)
State, Deferred	1,258	(2,547)	(1,277)
Foreign, Deferred	(2,601)	(420)	(743)
Total deferred	(7,436)	(248)	(28,344)
Total provision	$ 177,939	$ 193,349	$ 173,780

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($)	Jan. 31, 2016	Feb. 01, 2015	Feb. 02, 2014	Feb. 03, 2013
Income Taxes [Line Items]
Accumulated undistributed earnings of foreign subsidiaries	$ 66,500,000
Unrecognized tax benefits, gross	13,290,000	$ 14,359,000	$ 10,765,000	$ 8,990,000
Unrecognized tax benefits, gross, that would, if recognized, affect the effective tax rate	8,948,000
Accruals for interest and penalties	2,649,000	$ 2,412,000
Minimum
Income Taxes [Line Items]
Deferred tax liability if undistributed earning not consider to be indefinitely reinvested	8,000,000
Gross unrecognized tax benefits, possible decrease in balance within next twelve months	0
Maximum
Income Taxes [Line Items]
Deferred tax liability if undistributed earning not consider to be indefinitely reinvested	12,000,000
Gross unrecognized tax benefits, possible decrease in balance within next twelve months	$ 2,100,000

Reconciliation of Income Taxes

Reconciliation of Income Taxes At Federal Statutory Rate to Effective Rate (Detail)	12 Months Ended
	Jan. 31, 2016	Feb. 01, 2015	Feb. 02, 2014
Reconciliation of Statutory Federal Tax Rate [Line Items]
Federal income taxes at the statutory rate	35.00%	35.00%	35.00%
State income tax rate	3.20%	4.00%	3.70%
Other	(1.70%)	(0.50%)	(0.30%)
Effective tax rate	36.50%	38.50%	38.40%

Significant Components of Defer

Significant Components of Deferred Tax Accounts (Detail) - USD ($) $ in Thousands	Jan. 31, 2016	Feb. 01, 2015
Deferred Income Tax Asset [Line Items]
Customer deposits	$ 64,742	$ 60,989
Merchandise inventories	31,752	30,328
Stock-based compensation	21,365	19,857
Deferred rent	19,952	18,925
Accrued liabilities	17,028	28,866
Compensation	15,776	15,968
State taxes	6,723	7,061
Executive deferral plan	6,003	5,437
Deferred lease incentives	(36,475)	(37,098)
Prepaid catalog expenses	(10,883)	(12,753)
Depreciation	(4,527)	(9,888)
Other	11,451	8,759
Valuation allowance	(1,123)	(1,568)
Total deferred tax assets, net	$ 141,784	$ 134,883

Summary of Activity Related to

Summary of Activity Related to Gross Unrecognized Tax Benefits (Detail) - USD ($)	12 Months Ended
	Jan. 31, 2016	Feb. 01, 2015	Feb. 02, 2014
Schedule of Unrecognized Tax Benefits [Line Items]
Balance at beginning of year	$ 14,359,000	$ 10,765,000	$ 8,990,000
Increases related to current year's tax positions	2,765,000	3,093,000	3,351,000
Increases related to prior years' tax positions	101,000	2,007,000	328,000
Decreases related to prior years' tax positions	(341,000)	(138,000)	(42,000)
Settlements	(2,912,000)	(1,144,000)	(170,000)
Lapses in statute of limitations	(682,000)	(224,000)	(1,692,000)
Balance at end of year	$ 13,290,000	$ 14,359,000	$ 10,765,000

Accounting for Leases - Additio

Accounting for Leases - Additional Information (Detail)	12 Months Ended
	Jan. 31, 2016
Accounting For Leases [Line Items]
Maximum optional renewal period under operating leases, years	20 years
Minimum
Accounting For Leases [Line Items]
Operating lease term, years	3 years
Maximum
Accounting For Leases [Line Items]
Operating lease term, years	22 years

Total Rent Expense for All Oper

Total Rent Expense for All Operating Leases (Detail) - USD ($) $ in Thousands		12 Months Ended
		Jan. 31, 2016	Feb. 01, 2015	Feb. 02, 2014
Accounting For Leases [Line Items]
Rent expense		$ 224,564	$ 215,221	$ 201,727
Contingent rent expense		33,985	32,699	34,608
Rent expense before deferred lease incentive income		258,549	247,920	236,335
Deferred lease incentive income		(24,679)	(24,420)	(25,385)
Less: sublease rental income		(608)	(560)	(536)
Total rent expense	[1]	$ 233,262	$ 222,940	$ 210,414
[1]	Excludes all other occupancy-related costs including depreciation, common area maintenance, property taxes and utilities.

Aggregate Future Minimum Annual

Aggregate Future Minimum Annual Cash Rental Payments Under Non-Cancelable Operating Leases (Detail) $ in Thousands	Jan. 31, 2016USD ($)	[1]
Accounting For Leases [Line Items]
Lease Commitments, Fiscal 2016	$ 257,805
Lease Commitments, Fiscal 2017	242,036
Lease Commitments, Fiscal 2018	218,381
Lease Commitments, Fiscal 2019	197,055
Lease Commitments, Fiscal 2020	168,046
Thereafter	650,585
Total	$ 1,733,908
[1]	Projected cash payments include only those amounts that are fixed and determinable as of the reporting date and are not necessarily representative of future expected rent expense. We currently pay rent for certain store locations based on a percentage of store sales. As future store sales cannot be predicted with certainty, projected payments for these locations are based on minimum rent, which is generally higher than rent based on a percentage of store sales. We incur other lease obligation expenses, such as common area maintenance and other executory costs, which are not fixed in nature and are thus not included in the future projected cash payments reflected above. In addition, projected cash payments do not include any benefit from deferred lease incentive income, which is reflected within "Total rent expense" above.

Memphis-Based Distribution Fa50

Memphis-Based Distribution Facilities - Additional Information (Detail) - USD ($)	12 Months Ended
	Jan. 31, 2016	Feb. 01, 2015	Feb. 02, 2014
Variable Interest Entity [Line Items]
Rent expense	$ 224,564,000	$ 215,221,000	$ 201,727,000
Partnership
Variable Interest Entity [Line Items]
Lease expiration date	Jul. 31, 2017
Rent expense	$ 3,050,000	$ 2,432,000	$ 2,448,000

Reconciliation of Net Earnings

Reconciliation of Net Earnings and Number of Shares Used in Basic and Diluted Earnings Per Share Computations (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Jan. 31, 2016	Feb. 01, 2015	Feb. 02, 2014
Earnings Per Share [Line Items]
Net Earnings, Basic	$ 310,068	$ 308,854	$ 278,902
Net Earnings, Diluted	$ 310,068	$ 308,854	$ 278,902
Weighted Average Shares, Basic	90,787	93,634	96,669
Weighted Average Shares, Effect of dilutive stock-based awards	1,315	1,566	2,096
Weighted Average Shares, Diluted	92,102	95,200	98,765
Earnings Per Share, Basic	$ 3.42	$ 3.30	$ 2.89
Earnings Per Share, Diluted	$ 3.37	$ 3.24	$ 2.82

Earnings Per Share- Additional

Earnings Per Share- Additional Information (Detail) - shares	12 Months Ended
	Jan. 31, 2016	Feb. 01, 2015	Feb. 02, 2014
Earnings Per Share [Line Items]
Anti-dilutive stock-based awards excluded from the computation of diluted earnings per share	12,000	21,000	0

Stock Based Compensation - Addi

Stock Based Compensation - Additional Information (Detail) - USD ($)		12 Months Ended
		Jan. 31, 2016	Feb. 01, 2015	Feb. 02, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum term of grants of option awards, years		7 years
Stock-based compensation expense		$ 41,357,000	$ 44,632,000	$ 38,788,000
Unamortized expense		$ 52,481,000
Unamortized expense expected to be recognized over average remaining service period (years)		2 years
Total intrinsic value of stock options exercised		$ 2,722,000	$ 3,564,000	$ 3,834,000
Stock options granted		0	0	0
Intrinsic value of awards converted into common stock		$ 24,465,000	$ 26,837,000	$ 18,046,000
Net proceeds related to stock-based awards		2,647,000	4,077,000	6,614,000
Total current tax benefit associated with the exercise of stock-based awards		$ 30,352,000	$ 52,798,000	$ 17,940,000
Minimum | Non-Employee
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period of awards granted to employees, years		1 year
Equity Award Programs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Aggregate number of shares under the Plan		9,439,000
Shares available for future grant		32,310,000
Option Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Awards annual grant limit		1,000,000
Option Awards | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise price as a percentage of closing price on the day prior to the grant date		100.00%
Service Based Option Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period of awards granted to employees, years		4 years
Stock Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Awards annual grant limit		1,000,000
Service Based Stock Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period of awards granted to employees, years		4 years
Performance Based Stock Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period of awards granted to employees, years		3 years
Stock-Settled Stock Appreciation Rights
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Intrinsic value of awards converted into common stock	[1]	$ 15,165,000
Stock-settled stock appreciation granted, shares		0	0	0
[1]	Intrinsic value for outstanding and vested rights is based on the excess of the market value of our common stock on the last business day of the fiscal year (or $51.66) over the conversion price.

Summary of Stock Option Activit

Summary of Stock Option Activity (Detail) - USD ($)		12 Months Ended
		Jan. 31, 2016	Feb. 01, 2015	Feb. 02, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Balance at February 1, 2015, shares		107,000
Granted, shares		0	0	0
Exercised, shares		(68,500)
Cancelled, shares		0
Balance at January 31, 2016		38,500	107,000
Balance at February 1, 2015 weighted average exercise price		$ 39.05
Granted, weighted average exercise price		0
Exercised, weighted average exercise price		38.64
Cancelled, weighted average exercise price		0
Balance at January 31, 2016,weighted average exercise price		$ 39.80	$ 39.05
Balance at January 31, 2016, weighted average contractual term remaining (years)		3 months 22 days
Balance at January 31, 2016, intrinsic value	[1]	$ 457,000
[1]	Intrinsic value for outstanding and vested options is based on the excess of the market value of our common stock on the last business day of the fiscal year (or $51.66) over the exercise price.

Summary of Stock Option Activ55

Summary of Stock Option Activity (Parenthetical) (Detail)	12 Months Ended
	Jan. 31, 2016$ / shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vested percentage	100.00%
Market value on the last business day of the fiscal year	$ 51.66

Summary of Stock-Settled Stock

Summary of Stock-Settled Stock Appreciation Right Activity (Detail) - USD ($)		12 Months Ended
		Jan. 31, 2016	Feb. 01, 2015	Feb. 02, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Balance at January 31, 2016, shares (100% Vested)		$ 24,465,000	$ 26,837,000	$ 18,046,000
Stock-Settled Stock Appreciation Rights
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Balance at February 1, 2015 shares		1,159,948
Granted, shares		0	0	0
Converted into common stock, shares		(521,913)
Cancelled, shares		(3,426)
Balance at January 31, 2016, shares (100% Vested)		634,609	1,159,948
Balance at February 1, 2015	[1]	$ 29.36
Granted, weighted average conversion price	[1]	0
Converted into common stock, weighted average conversion price	[1]	31.26
Cancelled, weighted average conversion price	[1]	35.10
Balance at January 31, 2016, shares (100% Vested)	[1]	$ 27.76	$ 29.36
Balance, Weighted average contractual term remaining (years)		2 years 2 months 23 days
Balance at January 31, 2016, shares (100% Vested)	[2]	$ 15,165,000
[1]	Conversion price is equal to the market value on the date of grant.
[2]	Intrinsic value for outstanding and vested rights is based on the excess of the market value of our common stock on the last business day of the fiscal year (or $51.66) over the conversion price.

Summary of Stock-Settled Stoc57

Summary of Stock-Settled Stock Appreciation Right Activity (Parenthetical) (Detail)	Jan. 31, 2016$ / shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Market value on the last business day of the fiscal year	$ 51.66
Stock-Settled Stock Appreciation Rights
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Market value on the last business day of the fiscal year	$ 51.66

Summary of Restricted Stock Uni

Summary of Restricted Stock Unit Activity (Detail) - Restricted Stock Units (RSUs) - USD ($)		12 Months Ended
		Jan. 31, 2016	Feb. 01, 2015	Feb. 02, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Balance at February 1, 2015, shares		2,313,477
Granted, shares		821,072
Released, shares		(656,452)
Cancelled, shares		(189,139)
Balance at January 31, 2016, shares		2,288,958	2,313,477
Vested plus expected to vest at January 31, 2016, shares		1,436,810
Balance at February 1, 2015, weighted average grant date fair value		$ 52.47
Granted, weighted average grant date fair value		76.19	$ 63.18	$ 53.59
Released, weighted average grant date fair value		51.34
Cancelled, weighted average grant date fair value		57.45
Balance at January 31, 2016, weighted average grant date fair value		60.89	$ 52.47
Vested plus expected to vest at January 31, 2016, weighted average grant date fair value		$ 61.20
Weighted average contractual term remaining (years)		2 years 6 months
Vested plus expected to vest at February 1, 2015, weighted average contractual term remaining (years)		2 years 4 months 6 days
Balance at January 31, 2016	[1]	$ 118,248,000
Vested plus expected to vest at January 31, 2016	[1]	$ 74,226,000
[1]	Intrinsic value for outstanding and unvested restricted stock units is based on the market value of our common stock on the last business day of the fiscal year (or $51.66).

Summary of Restricted Stock U59

Summary of Restricted Stock Unit Activity (Parenthetical) (Detail)	Jan. 31, 2016$ / shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Market value on the last business day of the fiscal year	$ 51.66

Summary of Additional Informati

Summary of Additional Information about Restricted Stock units (Detail) - Restricted Stock Units (RSUs) - USD ($)		12 Months Ended
		Jan. 31, 2016	Feb. 01, 2015	Feb. 02, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average grant date fair value per share of awards granted		$ 76.19	$ 63.18	$ 53.59
Intrinsic value of awards released	[1]	$ 50,773,000	$ 101,189,000	$ 24,568,000
[1]	Intrinsic value for releases is based on the market value on the date of release.

Williams-Sonoma, Inc. 401(k) 61

Williams-Sonoma, Inc. 401(k) Plan and Other Employee Benefits - Additional Information (Detail) - USD ($)	12 Months Ended
	Jan. 31, 2016	Feb. 01, 2015	Feb. 02, 2014
Defined Contribution Plan Disclosure [Line Items]
Employer matching contribution	50.00%
Defined contribution retirement plan, maximum percentage of salary deferral contributions subject to match by employer	6.00%
Years of service required to be eligible for company matching contributions	1 year
Matching contribution, vesting percentage per year during first five years of employment	20.00%
Contributions to the profit sharing plan	$ 6,915,000	$ 6,038,000	$ 5,538,000
Deferred compensation liabilities included in other long-term obligations	15,929,000	14,446,000
Cash surrender value of the life insurance policies	$ 17,112,000	$ 17,422,000
Eligible Employees
Defined Contribution Plan Disclosure [Line Items]
Defined contribution retirement plan, maximum percentage of salary deferral contributions by employee	75.00%
Highly-Compensated Employees
Defined Contribution Plan Disclosure [Line Items]
Defined contribution retirement plan, maximum percentage of salary deferral contributions by employee	7.00%

Stock Repurchase Program and 62

Stock Repurchase Program and Dividends - Additional Information (Detail) - USD ($)	1 Months Ended	3 Months Ended	12 Months Ended
	Mar. 31, 2016	Jan. 31, 2016	Jan. 31, 2016	Feb. 01, 2015	Feb. 02, 2014
Stock Repurchase Program and Dividend [Line Items]
Common stock repurchased, shares			2,950,438	3,331,557	4,344,962
Common stock repurchased, average cost per share			$ 76.26	$ 67.35	$ 55.07
Common stock repurchased, total cost			$ 224,995,000	$ 224,377,000	$ 239,274,000
Authorized amount for repurchase		$ 750,000,000	750,000,000
Treasury stock, value		$ 1,906,000	1,906,000	2,140,000
Cash dividend, per common share		$ 0.35
Cash dividend declared			$ 130,290,000	$ 125,378,000	$ 121,688,000
Cash dividends declared per common share			$ 1.40	$ 1.32	$ 1.24
Subsequent Event
Stock Repurchase Program and Dividend [Line Items]
Authorized amount for repurchase	$ 500,000,000
Stock repurchase program, execute period	3 years
Percentage increase in authorized cash dividend	6.00%
Authorized cash dividend, per common share	$ 0.37

Segment Reporting - Additional

Segment Reporting - Additional Information (Detail)	12 Months Ended
	Jan. 31, 2016Segment
Segment Reporting Information [Line Items]
Number of reportable segments	2

Segment Information (Detail)

Segment Information (Detail) - USD ($) $ in Thousands		12 Months Ended
		Jan. 31, 2016	Feb. 01, 2015	Feb. 02, 2014
Segment Reporting Information [Line Items]
Net revenues	[1]	$ 4,976,090	$ 4,698,719	$ 4,387,889
Depreciation and amortization expense		167,760	162,273	149,795
Operating income		488,634	502,265	452,098
Assets	[2]	2,417,427	2,330,277	2,336,734
Capital expenditures		202,935	204,800	193,953
E-commerce
Segment Reporting Information [Line Items]
Net revenues		2,522,580	2,370,694	2,115,022
Retail
Segment Reporting Information [Line Items]
Net revenues		2,453,510	2,328,025	2,272,867
Operating Segments | E-commerce
Segment Reporting Information [Line Items]
Net revenues	[1]	2,522,580	2,370,694	2,115,022
Depreciation and amortization expense		32,056	32,116	25,588
Operating income		562,081	560,396	502,143
Assets	[2]	625,951	600,503	517,086
Capital expenditures		22,293	41,633	38,195
Operating Segments | Retail
Segment Reporting Information [Line Items]
Net revenues	[1]	2,453,510	2,328,025	2,272,867
Depreciation and amortization expense		83,027	80,154	78,423
Operating income		239,288	248,535	248,894
Assets	[2]	1,049,892	1,028,293	975,994
Capital expenditures		102,717	97,247	89,331
Unallocated
Segment Reporting Information [Line Items]
Depreciation and amortization expense		52,677	50,003	45,784
Operating income		(312,735)	(306,666)	(298,939)
Assets	[2]	741,584	701,481	843,654
Capital expenditures		$ 77,925	$ 65,920	$ 66,427
[1]	Includes net revenues related to our international operations (including our operations in Canada, Australia, the United Kingdom and our franchise businesses) of approximately $298.9 million, $235.8 million and $215.5 million in fiscal 2015, fiscal 2014 and fiscal 2013, respectively.
[2]	Includes long-term assets related to our international operations of approximately $61.7 million, $58.3 million and $61.4 million in fiscal 2015, fiscal 2014 and fiscal 2013, respectively.

Segment Information (Parentheti

Segment Information (Parenthetical) (Detail) - USD ($) $ in Millions	12 Months Ended
	Jan. 31, 2016	Feb. 01, 2015	Feb. 02, 2014
Segment Reporting Information [Line Items]
Net revenues related to foreign operations	$ 298.9	$ 235.8	$ 215.5
Long-term assets related to foreign operations	$ 61.7	$ 58.3	$ 61.4

Derivative Financial Instrume66

Derivative Financial Instruments - Additional Information (Detail) - USD ($)	12 Months Ended
	Jan. 31, 2016	Feb. 01, 2015	Feb. 02, 2014
Derivative [Line Items]
Reclassification from OCI to cost of goods sold	$ 1,171,000
Gain or loss recognized for cash flow hedges due to hedge ineffectiveness	$ 0	$ 0	$ 0

Foreign Currency Forward Contra

Foreign Currency Forward Contracts Outstanding (Detail) - Foreign Exchange Contract - USD ($)	Jan. 31, 2016	Feb. 01, 2015
Derivatives designated as hedging instruments | Cash Flow Hedging
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Exchange of foreign currency contracts	$ 24,500,000	$ 15,900,000
Not Designated as Hedging Instrument
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Exchange of foreign currency contracts	$ 40,000,000	$ 21,000,000

Effect of Derivative Instrument

Effect of Derivative Instruments in Condensed Consolidated Financial Statements (Detail) - USD ($) $ in Thousands		12 Months Ended
		Jan. 31, 2016	Feb. 01, 2015	Feb. 02, 2014
Derivative [Line Items]
Net gain recognized in OCI		$ 1,454	$ 1,153	$ 870
Net gain reclassified from OCI into cost of goods sold		1,605	573	129
Net foreign exchange gain (loss) recognized in other income (expense), Instruments designated as cash flow hedges	[1]	(66)	(155)	(109)
Net foreign exchange gain (loss) recognized in other income (expense), Instruments not designated or de-designated	[2]	$ 2,838	$ (1,795)	$ 906
[1]	Changes in fair value of the forward contract related to interest charges (or forward points).
[2]	Changes in fair value for instruments not designated as cash flow hedges as well as de-designated instruments.

Fair Value of Derivatives as De

Fair Value of Derivatives as Defined by Accounting Standard (Detail) - USD ($) $ in Thousands	Jan. 31, 2016	Feb. 01, 2015
Derivatives, Fair Value [Line Items]
Cash flow hedge foreign currency forward contracts - Other Current Assets	$ 866	$ 1,015
Cash flow hedge foreign currency forward contracts - Other Current Liabilities	(115)	(9)
Total, net	751	1,006
Foreign currency forward contracts - Other Current Assets		427
Foreign currency forward contracts - Other Current liabilities	(471)
Total, net	$ (471)	$ 427

Changes in Accumulated Other Co

Changes in Accumulated Other Comprehensive Income (Loss) by Component, Net of Tax (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2016	Feb. 01, 2015		Feb. 02, 2014
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	$ (2,548)
Foreign currency translation adjustments	(7,958)	$ (9,305)		$ (7,850)
Change in fair value of derivative financial instruments	1,074	806		870
Reclassification adjustment for realized gains on derivative financial instruments	(1,184)	(573)		(129)
Ending Balance	(10,616)	(2,548)
Accumulated Foreign Currency Adjustment Attributable to Parent
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	(3,522)	5,783		13,633
Foreign currency translation adjustments	(7,958)	(9,305)		(7,850)
Other comprehensive income (loss)	(7,958)	(9,305)		(7,850)
Ending Balance	(11,480)	(3,522)		5,783
Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	974	741
Change in fair value of derivative financial instruments	1,074	806		870
Reclassification adjustment for realized gains on derivative financial instruments	(1,184)	(573)	[1]	(129)	[1]
Other comprehensive income (loss)	(110)	233		741
Ending Balance	864	974		741
Accumulated Other Comprehensive Income (loss)
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	(2,548)	6,524		13,633
Foreign currency translation adjustments	(7,958)	(9,305)		(7,850)
Change in fair value of derivative financial instruments	1,074	806		870
Reclassification adjustment for realized gains on derivative financial instruments	(1,184)	(573)	[1]	(129)	[1]
Other comprehensive income (loss)	(8,068)	(9,072)		(7,109)
Ending Balance	$ (10,616)	$ (2,548)		$ 6,524
[1]	Refer to Note M for additional disclosures about reclassifications out of accumulated other comprehensive income and their corresponding effects on the respective line items in the Consolidated Statements of Earnings.