Document_and_Entity_Informatio
Document and Entity Information | 9 Months Ended | |
Nov. 02, 2013 | Nov. 29, 2013 | |
Document And Entity Information | ' | ' |
Document Period End Date | 2-Nov-13 | ' |
Entity Registrant Name | 'Christopher & Banks Corporation | ' |
Entity Central Index Key | '0000883943 | ' |
Current Fiscal Year End Date | '--02-01 | ' |
Entity Filer Category | 'Accelerated Filer | ' |
Document Type | '10-Q | ' |
Document Fiscal Year Focus | '2013 | ' |
Document Fiscal Period Focus | 'Q3 | ' |
Amendment Flag | 'false | ' |
Entity Well-known Seasoned Issuer | 'No | ' |
Entity Voluntary Filers | 'No | ' |
Entity Current Reporting Status | 'Yes | ' |
Entity Common Stock, Shares Outstanding | ' | 36,422,774 |
Consolidated_Balance_Sheets
Consolidated Balance Sheets (USD $) | Nov. 02, 2013 | Feb. 02, 2013 |
In Thousands, unless otherwise specified | ||
Assets, Current [Abstract] | ' | ' |
Cash and cash equivalents | $27,492 | $40,739 |
Short-term investments | 14,287 | 0 |
Accounts receivable | 4,697 | 3,630 |
Merchandise inventories | 49,250 | 42,704 |
Prepaid expenses and other current assets | 8,331 | 6,823 |
Income taxes receivable | 358 | 405 |
Total current assets | 104,415 | 94,301 |
Property, equipment and improvements, net | 37,617 | 41,230 |
Long-term investments | 5,275 | 0 |
Other assets | 347 | 401 |
Total assets | 147,654 | 135,932 |
Liabilities, Current [Abstract] | ' | ' |
Accounts payable | 18,887 | 22,586 |
Accrued salaries, wages and related expenses | 8,765 | 4,217 |
Other accrued liabilities | 24,143 | 23,410 |
Total current liabilities | 51,795 | 50,213 |
Liabilities, Noncurrent [Abstract] | ' | ' |
Deferred lease incentives | 5,048 | 5,665 |
Deferred rent obligations | 2,833 | 2,959 |
Other non-current liabilities | 1,556 | 1,629 |
Total non-current liabilities | 9,437 | 10,253 |
Commitments | 0 | 0 |
Stockholders' Equity [Abstract] | ' | ' |
Preferred stock, value | 0 | 0 |
Common stock, value | 462 | 467 |
Additional paid-in capital | 121,621 | 119,632 |
Retained earnings | 77,054 | 68,078 |
Common stock held in treasury, value | -112,711 | -112,711 |
Accumulated other comprehensive income | -4 | 0 |
Total stockholders' equity | 86,422 | 75,466 |
Total liabilities and stockholders' equity | $147,654 | $135,932 |
Consolidated_Balance_Sheets_Pa
Consolidated Balance Sheets (Parenthetical) (USD $) | Nov. 02, 2013 | Feb. 02, 2013 |
In Thousands, except Per Share data, unless otherwise specified | ||
Stockholders' Equity [Abstract] | ' | ' |
Preferred stock, par value (in dollars per share) | $0.01 | ' |
Preferred stock, shares authorized | 1,000 | ' |
Preferred stock, shares outstanding | 0 | 0 |
Common stock, par value (in dollars per share) | $0.01 | ' |
Common stock, shares authorized | 74,000 | ' |
Common Stock, Shares, Issued | 46,215 | 46,755 |
Common Stock, Shares, Outstanding | 36,424 | 36,964 |
Treasury Stock, Shares | 9,791 | 9,791 |
Consolidated_Statements_of_Ope
Consolidated Statements of Operations (USD $) | 3 Months Ended | 9 Months Ended | ||
In Thousands, except Per Share data, unless otherwise specified | Nov. 02, 2013 | Oct. 27, 2012 | Nov. 02, 2013 | Oct. 27, 2012 |
Net sales | $118,077 | $117,263 | $330,829 | $314,321 |
Costs and expenses: | ' | ' | ' | ' |
Merchandise, buying and occupancy | 73,126 | 75,952 | 213,891 | 222,671 |
Selling, general and administrative | 33,231 | 32,917 | 97,477 | 94,376 |
Depreciation and amortization | 3,107 | 4,445 | 9,927 | 14,384 |
Restructuring and impairment | 0 | 333 | 140 | -5,161 |
Total costs and expenses | 109,464 | 113,647 | 321,435 | 326,270 |
Operating income (loss) | 8,613 | 3,616 | 9,394 | -11,949 |
Other income (expense) | -46 | 6 | -146 | 96 |
Income (loss) before income taxes | 8,567 | 3,622 | 9,248 | -11,853 |
Income tax provision (benefit) | -45 | 39 | 272 | 173 |
Net income (loss) | $8,612 | $3,583 | $8,976 | ($12,026) |
Earnings Per Share [Abstract] | ' | ' | ' | ' |
Earnings per share, basic | $0.24 | $0.10 | $0.25 | ($0.34) |
Earnings per share, diluted | $0.23 | $0.10 | $0.24 | ($0.34) |
Weighted average number of common shares outstanding: | ' | ' | ' | ' |
Weighted Average Number of Shares Outstanding, basic | 36,244 | 35,643 | 36,234 | 35,626 |
Weighted Average Number of Shares Outstanding, diluted | 37,031 | 36,030 | 37,092 | 35,626 |
Consolidated_Statements_of_Com
Consolidated Statements of Comprehensive Income (Loss) (USD $) | 3 Months Ended | 9 Months Ended | ||
In Thousands, unless otherwise specified | Nov. 02, 2013 | Oct. 27, 2012 | Nov. 02, 2013 | Oct. 27, 2012 |
Net income (loss) | $8,612 | $3,583 | $8,976 | ($12,026) |
Other comprehensive income (loss), net of tax: | ' | ' | ' | ' |
Unrealized holding gains (losses) on securities, net of taxes | 10 | 0 | -3 | -2 |
Reclassification adjustment for gains included in net income, net of taxes | -1 | 0 | -1 | -60 |
Total other comprehensive income (loss) | 9 | 0 | -4 | -62 |
Comprehensive income (loss) | $8,621 | $3,583 | $8,972 | ($12,088) |
Consolidated_Statements_of_Com1
Consolidated Statements of Comprehensive Income (Loss) (Parenthetical) (USD $) | 3 Months Ended | 9 Months Ended | ||
In Thousands, unless otherwise specified | Nov. 02, 2013 | Oct. 27, 2012 | Nov. 02, 2013 | Oct. 27, 2012 |
Unrealized holding gains (losses) | $0 | $0 | $0 | $1 |
Reclassification adjustments for gains | $0 | $0 | $0 | $39 |
Consolidated_Statements_of_Cas
Consolidated Statements of Cash Flows (USD $) | 9 Months Ended | |
In Thousands, unless otherwise specified | Nov. 02, 2013 | Oct. 27, 2012 |
Cash flows from operating activities: | ' | ' |
Net income (loss) | $8,976 | ($12,026) |
Adjustments to reconcile net loss to net cash used in operating activities: | ' | ' |
Depreciation and amortization | 9,927 | 14,384 |
Impairment of store assets | 140 | 139 |
Amortization of premium on investments | 39 | 11 |
Amortization of financing costs | 55 | 18 |
Deferred lease related liabilities | -1,266 | -3,100 |
Stock-based compensation expense | 1,973 | 1,536 |
Loss on disposal of assets | 7 | 34 |
Gain on investments, net | 0 | -531 |
Changes in operating assets and liabilities: | ' | ' |
(Increase) decrease in accounts receivable | -1,067 | -977 |
(Increase) decrease in merchandise inventories | -6,546 | -18,732 |
(Increase) decrease in prepaid expenses and other assets | -1,507 | 524 |
(Increase) decrease in income taxes receivable | 48 | 352 |
(Increase) decrease in other assets | -2 | 184 |
Increase (decrease) in accounts payable | -3,787 | 8,088 |
Increase (decrease) increase in accrued liabilities | 5,740 | -7,405 |
Increase (decrease) in lease termination liabilities | 0 | -8,032 |
Increase (decrease) in other liabilities | -51 | 10 |
Net cash provided by (used in) operating activities | 12,679 | -25,523 |
Cash flows from investing activities: | ' | ' |
Purchases of property, equipment and improvements | -6,332 | -3,113 |
Proceeds from sale of furniture, fixtures and equipment | 0 | 35 |
Purchases of available-for-sale investments | -22,245 | 0 |
Proceeds from Sale, Maturity and Collection of Investments | 2,639 | 21,403 |
Net cash provided by (used in) investing activities | -25,938 | 18,325 |
Cash flows from financing activities: | ' | ' |
Shares redeemed for payroll taxes | -198 | -25 |
Deferred financing costs | 0 | -350 |
Exercise of stock options and issuance of restricted stock | 210 | 0 |
Net cash provided by (used in) financing activities | 12 | -375 |
Net (decrease) increase in cash and cash equivalents | -13,247 | -7,573 |
Cash and cash equivalents at beginning of period | 40,739 | 40,782 |
Cash and cash equivalents at end of period | $27,492 | ' |
Basis_of_Presentation_Note
Basis of Presentation (Note) | 9 Months Ended |
Nov. 02, 2013 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | ' |
Business Description and Basis of Presentation [Text Block] | ' |
NOTE 1 — Basis of Presentation | |
The unaudited condensed consolidated financial statements included in this Quarterly Report on Form 10-Q have been prepared by Christopher & Banks Corporation and its subsidiaries (collectively referred to as “Christopher & Banks”, “the Company”, “we” or “us”) pursuant to the current rules and regulations of the United States ("U.S.") Securities and Exchange Commission. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the U.S. have been condensed or omitted, pursuant to such rules and regulations. These unaudited condensed consolidated financial statements should be read in conjunction with the audited financial statements and related notes included in the Company's Annual Report on Form 10-K for the fiscal year ended February 2, 2013. | |
The results of operations for the interim periods shown in this report are not necessarily indicative of results to be expected for the full fiscal year. In the opinion of management, the information contained herein reflects all adjustments, consisting only of normal adjustments, except as otherwise stated in these notes, necessary to present fairly our financial position as of November 2, 2013 and February 2, 2013, our results of operations for the thirteen and thirty-nine week periods ended November 2, 2013 and October 27, 2012 and our cash flows for the thirty-nine week periods ended November 2, 2013 and October 27, 2012. | |
Recently issued accounting pronouncements | |
In February 2013, the Financial Accounting Standards Board ("FASB") issued Accounting Standard Update ("ASU") No. 2013-02, Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income. This update requires that companies present either in a single note or parenthetically on the face of the financial statements, the effect of significant amounts reclassified from each component of accumulated other comprehensive income based on its source and the income statement line items affected by the reclassification. If a component is not required to be reclassified to net income in its entirety, companies would instead cross reference to the related footnote for additional information. The guidance is effective for the Company’s interim and annual reporting periods beginning after December 15, 2012, and applied prospectively. The adoption of this guidance did not have a material impact on the Company's financial condition, results of operations or disclosures. | |
In July 2013, the FASB issued ASU No. 2013-11, Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists. This update requires that an unrecognized tax benefit, or a portion of an unrecognized tax benefit, be presented in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward. The guidance will be effective for the Company's interim and annual reporting periods beginning after December 15, 2013, with early adoption permitted. The update should be applied prospectively to all unrecognized tax benefits that exist at the effective date, although retrospective application is permitted. The Company does not expect adoption of this guidance to have a material impact on its financial condition, results of operations or disclosures. |
Investments_Note
Investments (Note) | 9 Months Ended | ||||||||||||||||
Nov. 02, 2013 | |||||||||||||||||
Investments [Abstract] | ' | ||||||||||||||||
Investments [Text Block] | ' | ||||||||||||||||
NOTE 2 — Investments | |||||||||||||||||
Investments as of November 2, 2013 consisted of the following (in thousands): | |||||||||||||||||
Amortized Cost | Unrealized Gains | Unrealized Losses | Estimated Fair Value | ||||||||||||||
Short-term investments: | |||||||||||||||||
Available-for-sale securities: | |||||||||||||||||
Certificates of deposit | $ | 4,670 | $ | — | $ | 5 | $ | 4,665 | |||||||||
Commercial paper | 8,815 | 1 | 2 | 8,814 | |||||||||||||
U.S. Agency securities | 808 | — | — | 808 | |||||||||||||
Total short-term investments | 14,293 | 1 | 7 | 14,287 | |||||||||||||
Long-term investments: | |||||||||||||||||
Available-for-sale securities: | |||||||||||||||||
Municipal bonds | 224 | 2 | — | 226 | |||||||||||||
Corporate bonds | 2,481 | 1 | 1 | 2,481 | |||||||||||||
U.S. Agency securities | 2,567 | 1 | — | 2,568 | |||||||||||||
Total long-term investments | 5,272 | 4 | 1 | 5,275 | |||||||||||||
Total investments | $ | 19,565 | $ | 5 | $ | 8 | $ | 19,562 | |||||||||
The Company had no investments as of February 2, 2013. During the thirty-nine weeks ended November 2, 2013, there were approximately $22.2 million of purchases of available-for-sale securities and $2.6 million of maturities of available-for-sale securities. During the thirty-nine weeks ended October 27, 2012, there were no purchases of available-for-sale securities and sales of available-for-sale securities were approximately $21.4 million. There were no other-than-temporary impairments of available-for-sale securities during the thirty-nine weeks ended November 2, 2013 and October 27, 2012, respectively. | |||||||||||||||||
Expected maturities of the Company's investments are as follows (in thousands): | |||||||||||||||||
November 2, 2013 | |||||||||||||||||
Due in one year or less | $ | 14,287 | |||||||||||||||
Due after one year through five years | 5,275 | ||||||||||||||||
Total investment securities | $ | 19,562 | |||||||||||||||
Merchandise_Inventories_Note
Merchandise Inventories (Note) | 9 Months Ended | ||||||||
Nov. 02, 2013 | |||||||||
Inventory Disclosure [Abstract] | ' | ||||||||
Merchandise Inventories | ' | ||||||||
NOTE 3 — Merchandise Inventories and Sources of Supply | |||||||||
Merchandise inventories consisted of the following (in thousands): | |||||||||
November 2, 2013 | February 2, 2013 | ||||||||
Merchandise - in store/e-commerce | $ | 44,061 | $ | 32,978 | |||||
Merchandise - in transit | 5,189 | 9,726 | |||||||
Total merchandise inventories | $ | 49,250 | $ | 42,704 | |||||
The Company does not have long-term purchase commitments or arrangements with any of its suppliers or agents. During the thirty-nine weeks ended November 2, 2013 and October 27, 2012, one of our suppliers accounted for approximately 20%, and 18% of our purchases, respectively. No other vendor supplied greater than 10% of the Company's merchandise purchases for the thirty-nine weeks ended November 2, 2013 or October 27, 2012. |
Property_Equipment_and_Improve
Property, Equipment and Improvements, Net (Note) | 9 Months Ended | ||||||||||
Nov. 02, 2013 | |||||||||||
Property, Plant and Equipment [Abstract] | ' | ||||||||||
Property, Equipment and Improvements, Net | ' | ||||||||||
NOTE 4 — Property, Equipment and Improvements, Net | |||||||||||
Property, equipment and improvements, net consisted of the following (in thousands): | |||||||||||
Description | Estimated Useful Life | November 2, 2013 | February 2, 2013 | ||||||||
Land | — | $ | 1,597 | $ | 1,597 | ||||||
Corporate office, distribution center and related building improvements | 25 years | 12,323 | 12,323 | ||||||||
Store leasehold improvements | Shorter of the useful life or term of related lease, typically 10 years | 56,130 | 57,954 | ||||||||
Store furniture and fixtures | 3 to 10 years | 72,377 | 73,865 | ||||||||
Corporate office and distribution center furniture, fixtures and equipment | 7 years | 5,551 | 5,550 | ||||||||
Computer and point of sale hardware and software | 3 to 5 years | 36,714 | 34,746 | ||||||||
Construction in progress | — | 1,503 | 1,040 | ||||||||
Total property, equipment and improvements, gross | 186,195 | 187,075 | |||||||||
Less accumulated depreciation and amortization | (148,578 | ) | (145,845 | ) | |||||||
Total property, equipment and improvements, net | $ | 37,617 | $ | 41,230 | |||||||
The Company reviews long-lived assets with definite lives at least annually, or whenever events or changes in circumstances indicate that the carrying value of the asset may not be recoverable. As a result of an impairment analysis, which included the evaluation of individual under-performing stores and assessing the recoverability of the carrying value of the improvements and equipment related to each of the stores, the Company recorded approximately $0.1 million for long-lived asset impairments during each of the thirty-nine week periods ended November 2, 2013 and October 27, 2012. | |||||||||||
The Company's assessment of the recoverability of the carrying value of its assets involves the projection of future cash flows, which requires the use of significant estimates and assumptions. Differences in circumstances or estimates could produce significantly different results. |
Accrued_Liabilities_Note
Accrued Liabilities (Note) | 9 Months Ended | ||||||||
Nov. 02, 2013 | |||||||||
Accrued Liabilities, Current [Abstract] | ' | ||||||||
Accrued Liabilities [Text Block] | ' | ||||||||
NOTE 5 — Accrued Liabilities | |||||||||
Other accrued liabilities consisted of the following (in thousands): | |||||||||
November 2, 2013 | February 2, 2013 | ||||||||
Gift card and store credit liabilities | $ | 4,739 | $ | 8,282 | |||||
Accrued Friendship Rewards Program loyalty liability | 4,639 | 3,928 | |||||||
Accrued income, sales and other taxes payable | 2,681 | 1,962 | |||||||
Accrued occupancy-related expenses | 2,366 | 674 | |||||||
Sales return reserve | 2,225 | 750 | |||||||
Other accrued liabilities | 7,493 | 7,814 | |||||||
Total other accrued liabilities | $ | 24,143 | $ | 23,410 | |||||
Credit_Facility_Note
Credit Facility (Note) | 9 Months Ended |
Nov. 02, 2013 | |
Debt Disclosure [Abstract] | ' |
Credit Facility [Text Block] | ' |
NOTE 6 — Credit Facility | |
On July 12, 2012, the Company entered into a Credit Agreement (the "Credit Facility") with Wells Fargo Bank, National Association ("Wells Fargo") as Lender. The Credit Facility replaced the Company's prior credit facility with Wells Fargo. The Credit Facility provides the Company with revolving credit loans of up to $50.0 million in the aggregate, subject to a borrowing base formula based primarily on eligible credit card receivables, inventory and real estate, as such terms are defined in the Credit Facility, and up to $10.0 million of which may be drawn in the form of standby and documentary letters of credit. The Credit Facility expires in July 2017. | |
The Company recorded approximately $0.4 million of deferred financing costs in the second quarter of fiscal 2012 in connection with the Credit Facility. The deferred financing costs have been recorded within other assets on the consolidated balance sheet and will be amortized as interest expense over the related term of the Credit Facility. | |
Borrowings under the Credit Facility will generally accrue interest at a rate ranging from 2.0% to 2.5% over the London Interbank Offered Rate ("LIBOR") or 1.0% to 1.5% over Wells Fargo's prime rate, based on the amount of Excess Availability, as such term is defined in the Credit Facility. Letters of credit fees range from 1.5% to 2.5%, depending upon Excess Availability. | |
The Credit Facility contains certain affirmative and negative covenants. The affirmative covenants include certain reporting requirements, maintenance of properties, payment of taxes and insurance, compliance with laws, environmental compliance and other provisions customary in such agreements. Negative covenants limit or restrict, among other things, secured and unsecured indebtedness, fundamental changes in the business, investments, liens and encumbrances, transactions with affiliates and other matters customarily restricted in such agreements. The sole financial covenant contained in the Credit Facility requires the Company to maintain availability at least equal to the greater of (a) ten percent (10%) of the borrowing base or (b) $3.0 million. The Company was in compliance with all covenants as of November 2, 2013. | |
The Credit Facility contains events of default that include failure to pay principal or interest when due, failure to comply with the covenants set forth in the Credit Facility, bankruptcy events, cross-defaults and the occurrence of a change of control, subject to the grace periods, qualifications and thresholds as specified in the Credit Facility. If an event of default under the Credit Facility occurs and is continuing, the loan commitments may be terminated and the principal amount outstanding, together with all accrued unpaid interest and other amounts owing in respect thereof, may be declared immediately due and payable. | |
The Credit Facility permits the payment of dividends to the Company's shareholders in limited circumstances. If certain financial conditions are met, the Company may declare and pay dividends not to exceed $10.0 million in any fiscal year. The Company may also declare and pay an additional one-time dividend payment to shareholders in an amount not to exceed $5.0 million. | |
The Company's obligations under the Credit Facility are secured by the assets of the Company and its subsidiaries pursuant to a Security Agreement, dated July 12, 2012 (the "Security Agreement"). Pursuant to the Security Agreement, the Company pledged substantially all of its assets as collateral security for the loans to be made pursuant to the Credit Facility, including accounts owed to the Company, bank accounts, inventory, other tangible and intangible personal property, intellectual property (including patents and trademarks), and stock or other evidences of ownership of 100% of all of the Company's subsidiaries. | |
The Company had no revolving credit loan borrowings under the Credit Facility during the thirty-nine weeks ended November 2, 2013 or under its current or previous credit facility in fiscal 2012. Historically, the Company's credit facility has been utilized only to open letters of credit. The total borrowing base at November 2, 2013 was approximately $44.2 million. As of November 2, 2013, the Company had open on-demand letters of credit of approximately $1.0 million. Accordingly, after reducing the borrowing base for the open letters of credit and the required minimum availability of the greater of $3.0 million, or 10.0% of the borrowing base, the net availability of revolving credit loans under the Credit Facility was approximately $38.8 million at November 2, 2013. |
Income_Taxes_Notes
Income Taxes (Notes) | 9 Months Ended |
Nov. 02, 2013 | |
Income Tax Disclosure [Abstract] | ' |
Income Tax Disclosure [Text Block] | ' |
NOTE 7 — Income Taxes | |
The Company's liability for unrecognized tax benefits associated with uncertain tax positions is recorded within other non-current liabilities. As of November 2, 2013 and February 2, 2013, the Company's liability for unrecognized tax benefits was approximately $1.0 million and $1.0 million, respectively. The total amount of unrecognized tax benefits that, if recognized, would affect the effective tax rate as of November 2, 2013 and February 2, 2013 were $0.9 million and $0.7 million, respectively. The total liability at November 2, 2013 includes $0.1 million of tax positions for which the ultimate deductibility is highly certain but for which there is uncertainty about the timing of such deductibility. Because of the impact of deferred income tax accounting, other than for interest and penalties, the disallowance of the shorter deductibility period would not affect the effective income tax rate but would accelerate the payment of cash to the taxing authority to an earlier period. The Company recognizes interest and penalties related to unrecognized tax benefits as components of income tax. At November 2, 2013 and February 2, 2013, approximately $0.2 million and $0.3 million, respectively, was accrued for the potential payment of interest and penalties. | |
The Company and its subsidiaries are subject to U.S. federal income taxes and the income tax obligations of various state and local jurisdictions. All reporting periods after February 28, 2009 remain subject to examination by the Internal Revenue Service ("IRS"). With few exceptions, the Company is not subject to state income tax examination by tax authorities for taxable years prior to fiscal 2008. During the second quarter of fiscal 2013, the Company was notified that the IRS will be conducting an audit of fiscal 2011. As of November 2, 2013, the Company had no other ongoing audits and does not expect the liability for unrecognized tax benefits to significantly increase or decrease in the next twelve months. | |
As of November 2, 2013, the Company had a full valuation allowance against its net deferred tax assets. Deferred income tax assets represent potential future income tax benefits. Realization of these assets is ultimately dependent upon future taxable income. The Company has incurred a net cumulative loss as measured by the results of the current year and the prior two years. ASC 740 “Income Taxes,” requires that deferred tax assets be reduced by a valuation allowance if, based on all available evidence, it is considered more likely than not that some or all of the recorded deferred tax assets will not be realized in a future period. Forming a conclusion that a valuation allowance is not needed is difficult when negative evidence such as cumulative losses exists. As a result of management's evaluation, there was insufficient positive evidence to overcome the negative evidence related to the Company's cumulative losses. Accordingly, the Company has continued to maintain a full valuation allowance against its net deferred tax assets since the third quarter of the fiscal year ended February 26, 2011; recording the valuation allowance does not have any impact on cash and does not prevent the Company from using the deferred tax assets in future periods when profits are realized. | |
As of November 2, 2013, the Company has federal and state net operating loss carryforwards which will reduce future taxable income. Approximately $28.8 million in net federal tax benefits are available from these loss carryforwards and an additional $0.7 million is available in net tax credit carryforwards. Included in the federal net operating loss is approximately $1.5 million of loss generated by deductions related to equity-based compensation, the tax effect of which will be recorded to additional paid in capital. The state loss carryforwards will result in net state tax benefits of approximately $2.7 million. The federal net operating loss carryovers will expire in November 2031 and beyond. The state net operating loss carryforwards will expire in November 2014 and beyond. Additionally, the Company has charitable contribution carryforwards that will expire in 2014. |
Earnings_Per_Share_Note
Earnings Per Share (Note) | 9 Months Ended | ||||||||||||||||
Nov. 02, 2013 | |||||||||||||||||
Earnings Per Share [Abstract] | ' | ||||||||||||||||
Earnings Per Share [Text Block] | ' | ||||||||||||||||
NOTE 8 — Earnings Per Share | |||||||||||||||||
The Company calculates earnings per share ("EPS") under the guidance in ASC 260-10, "Earnings per Share," which clarifies that unvested share-based payment awards that contain nonforfeitable rights to receive dividends or dividend equivalents (whether paid or unpaid) are considered participating securities, and thus, should be factored into the two-class method of computing EPS. Participating securities under this statement include the Company's unvested employee restricted stock awards with time-based vesting, which receive nonforfeitable dividend payments. | |||||||||||||||||
The calculation of EPS for common stock shown below excludes the income attributable to these unvested employee restricted stock awards from the numerator and excludes the dilutive impact of these shares from the denominator. | |||||||||||||||||
Thirteen Weeks Ended | Thirty-Nine Weeks Ended | ||||||||||||||||
November 2, 2013 | October 27, 2012 | November 2, 2013 | October 27, 2012 | ||||||||||||||
Numerator (in thousands): | |||||||||||||||||
Net income (loss) attributable to Christopher & Banks Corporation | $ | 8,612 | $ | 3,583 | $ | 8,976 | $ | (12,026 | ) | ||||||||
Income allocated to participating securities | (40 | ) | (61 | ) | (31 | ) | — | ||||||||||
Net income (loss) available to common shareholders | $ | 8,572 | $ | 3,522 | $ | 8,945 | $ | (12,026 | ) | ||||||||
Denominator (in thousands): | |||||||||||||||||
Weighted average common shares outstanding - basic | 36,244 | 35,643 | 36,234 | 35,626 | |||||||||||||
Dilutive shares | 787 | 387 | 858 | — | |||||||||||||
Weighted average common and common equivalent shares outstanding - diluted | 37,031 | 36,030 | 37,092 | 35,626 | |||||||||||||
Net earnings (loss) per common share: | |||||||||||||||||
Basic | $ | 0.24 | $ | 0.1 | $ | 0.25 | $ | (0.34 | ) | ||||||||
Diluted | $ | 0.23 | $ | 0.1 | $ | 0.24 | $ | (0.34 | ) | ||||||||
Total stock options of approximately 3.2 million and 1.1 million were excluded from the shares used in the computation of diluted earnings per share for the thirteen and thirty-nine weeks ended November 2, 2013 and October 27, 2012, respectively, as they were anti-dilutive. |
Fair_Value_Measurements_Note
Fair Value Measurements (Note) | 9 Months Ended | ||||||||||||||||
Nov. 02, 2013 | |||||||||||||||||
Fair Value Disclosures [Abstract] | ' | ||||||||||||||||
Fair Value Measurements | ' | ||||||||||||||||
NOTE 9 — Fair Value Measurements | |||||||||||||||||
Under ASC 820-10 "Fair Value Measurements and Disclosures," fair value is defined as the exit price, or the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants as of the measurement date. ASC 820-10 also establishes a hierarchy for inputs used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs be used when available. Observable inputs are inputs market participants would use in valuing the asset or liability and are developed based on market data obtained from sources independent of the Company. Unobservable inputs are inputs that reflect the Company's assumptions about the factors market participants would use in valuing the asset or liability that are developed based upon the best information available in the circumstances. | |||||||||||||||||
The hierarchy is broken down into three levels. Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities. Level 2 inputs include quoted prices for similar assets or liabilities in active market, quoted prices for identical or similar assets or liabilities in markets that are not active and inputs (other than quoted prices) that are observable for the asset or liability, either directly or indirectly. Level 3 inputs are unobservable inputs for the asset or liability. Categorization within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement. | |||||||||||||||||
Assets that are Measured at Fair Value on a Recurring Basis: | |||||||||||||||||
For the thirty-nine week period ended November 2, 2013, fair value under ASC 820-10 applied to the Company's available-for-sale securities. These financial assets are carried at fair value following the requirements of ASC 820-10. | |||||||||||||||||
The following table provides information by level for the Company's available-for-sale securities that were measured at fair value on a recurring basis as of November 2, 2013 (in thousands): | |||||||||||||||||
Fair Value Measurements | |||||||||||||||||
Using Inputs Considered as | |||||||||||||||||
Description | Fair Value | Level 1 | Level 2 | Level 3 | |||||||||||||
Short-term investments: | |||||||||||||||||
Certificates of deposit | $ | 4,665 | $ | — | $ | 4,665 | $ | — | |||||||||
Commercial paper | 8,814 | — | 8,814 | — | |||||||||||||
U.S. Agency securities | 808 | — | 808 | — | |||||||||||||
Total current assets | 14,287 | — | 14,287 | — | |||||||||||||
Long-term investments: | |||||||||||||||||
Municipal bonds | 226 | — | 226 | — | |||||||||||||
Corporate bonds | 2,481 | — | 2,481 | — | |||||||||||||
U.S. Agency securities | 2,568 | — | 2,568 | — | |||||||||||||
Total non-current assets | 5,275 | — | 5,275 | — | |||||||||||||
Total assets | $ | 19,562 | $ | — | $ | 19,562 | $ | — | |||||||||
The Company's available-for-sale securities were valued based on quoted prices for similar assets in active markets or quoted prices for identical or similar assets in markets in which there were fewer transactions. The Company had no investments as of February 2, 2013 and there were no transfers of assets between Level 1 and Level 2 of the fair value measurement hierarchy during the thirty-nine weeks ended November 2, 2013 and October 27, 2012. According to its policy, the Company recognizes transfers into levels and transfers out of levels on the date of the event or when a change in circumstances causes a transfer. | |||||||||||||||||
Assets that are Measured at Fair Value on a Non-recurring Basis: | |||||||||||||||||
Long-lived assets held and used with a carrying amount of approximately $0.1 million were written down to their fair value of five thousand dollars, resulting in an impairment charge of approximately $0.1 million, which was included in earnings for the thirty-nine weeks ended November 2, 2013. Long-lived assets held and used with a carrying amount of approximately $0.2 million were written down to their fair value of $34 thousand, resulting in an impairment charge of approximately $0.1 million, which was included in earnings for the thirty-nine weeks ended October 27, 2012. | |||||||||||||||||
The Company determines fair value by a discounted cash flow analysis. In determining future cash flows, the Company uses its best estimate of future operating results which requires the use of significant estimates and assumptions, including estimated sales, merchandise margin and expense levels, and the selection of an appropriate discount rate; therefore differences in the estimates or assumptions could produce significantly different results. The current challenging economic environment, combined with the continued instability in the housing market and general economic uncertainty impacting the retail industry, makes it reasonably possible that additional long-lived asset impairments could be identified and recorded in future periods. |
Legal_Proceedings_Note
Legal Proceedings (Note) | 9 Months Ended |
Nov. 02, 2013 | |
Commitments and Contingencies Disclosure [Abstract] | ' |
Legal Proceedings | ' |
NOTE 10 — Legal Proceedings | |
The Company is subject, from time to time, to various claims, lawsuits or actions that arise in the ordinary course of business. Although the amount of any liability that could arise with respect to any current proceedings cannot, in management’s opinion, be accurately predicted, any such liability is not expected to have a material adverse impact on the Company's financial position, results of operations or liquidity. |
Segment_Reporting_Note
Segment Reporting (Note) | 9 Months Ended | ||||||||||||
Nov. 02, 2013 | |||||||||||||
Segment Reporting [Abstract] | ' | ||||||||||||
Segment Reporting | ' | ||||||||||||
NOTE 11 — Segment Reporting | |||||||||||||
In the table below, the “Christopher & Banks/C.J. Banks” reportable segment includes activity generated by Christopher & Banks and C.J. Banks operations. The “Corporate/Administrative” column, which primarily represents operating activity at the corporate office and distribution center facility, is presented to allow for reconciliation of segment-level net sales, operating income (loss) and total assets to consolidated net sales, operating income (loss) and total assets. Segment operating income (loss) includes only net sales, merchandise gross margin and direct store expenses with no allocation of corporate overhead. | |||||||||||||
During the thirteen weeks ended October 27, 2012, the Company recorded a net charge of approximately $0.3 million related to restructuring and impairment included in the operating loss for the Christopher & Banks/C.J. Banks segment. During the thirty-nine weeks ended November 2, 2013 and October 27, 2012, the Company recorded a net charge (benefit) of approximately $0.1 million and $(5.2) million, respectively, related to restructuring and impairment which included $0.1 million and $0.1 million, respectively of expense related to store-level asset impairment charges included in the operating income (loss) for the Christopher & Banks/C.J. Banks segment for each period. | |||||||||||||
(in thousands) | Christopher & Banks/C.J. Banks | Corporate/Administrative | Consolidated | ||||||||||
Thirteen Weeks Ended November 2, 2013 | |||||||||||||
Net sales | $ | 118,077 | $ | — | $ | 118,077 | |||||||
Depreciation and amortization | 2,322 | 785 | 3,107 | ||||||||||
Operating income (loss) | 23,184 | (14,571 | ) | 8,613 | |||||||||
Total assets | 109,169 | 38,485 | 147,654 | ||||||||||
Thirteen Weeks Ended October 27, 2012 | |||||||||||||
Net sales | $ | 117,263 | $ | — | $ | 117,263 | |||||||
Depreciation and amortization | 3,311 | 1,134 | 4,445 | ||||||||||
Operating income (loss) | 16,260 | (12,644 | ) | 3,616 | |||||||||
Total assets | 97,037 | 47,963 | 145,000 | ||||||||||
(in thousands) | Christopher & Banks/C.J. Banks | Corporate/Administrative | Consolidated | ||||||||||
Thirty-Nine Weeks Ended November 2, 2013 | |||||||||||||
Net sales | $ | 330,829 | $ | — | $ | 330,829 | |||||||
Depreciation and amortization | 7,206 | 2,721 | 9,927 | ||||||||||
Operating income (loss) | 52,134 | (42,740 | ) | 9,394 | |||||||||
Total assets | 109,169 | 38,485 | 147,654 | ||||||||||
Thirty-Nine Weeks Ended October 27, 2012 | |||||||||||||
Net sales | $ | 314,321 | $ | — | $ | 314,321 | |||||||
Depreciation and amortization | 11,035 | 3,349 | 14,384 | ||||||||||
Operating income (loss) | 23,266 | (35,215 | ) | (11,949 | ) | ||||||||
Total assets | 97,037 | 47,963 | 145,000 | ||||||||||
Related_Party_Transactions_Not
Related Party Transactions (Note) | 9 Months Ended |
Nov. 02, 2013 | |
Related Party Transactions [Abstract] | ' |
Related Party Transactions | ' |
NOTE 12 — Related Party Transactions | |
The Company or its subsidiaries have for the past several years purchased goods directly from G-III Apparel Group Ltd. (“G-III”) or its related entities as well as engaged the services of two G-III subsidiaries as buying agent. On January 3, 2011, Morris Goldfarb, the Chairman of the Board and Chief Executive Officer of G-III, became a director of the Company. On June 27, 2013, Mr. Goldfarb ceased to be a member of the Board as he did not stand for re-election at the Company's annual meeting of stockholders. Payments made by the Company and its subsidiaries to G-III and its related entities aggregated approximately $0.9 million and $0.9 million for the thirty-nine weeks ended November 2, 2013 and October 27, 2012, respectively. As of November 2, 2013 and February 2, 2013, the Company had a balance due to G-III or its related entities of approximately $0.1 million and $0.2 million, respectively. |
Basis_of_Presentation_Policies
Basis of Presentation (Policies) | 9 Months Ended |
Nov. 02, 2013 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | ' |
New Accounting Pronouncements, Policy [Policy Text Block] | ' |
Recently issued accounting pronouncements | |
In February 2013, the Financial Accounting Standards Board ("FASB") issued Accounting Standard Update ("ASU") No. 2013-02, Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income. This update requires that companies present either in a single note or parenthetically on the face of the financial statements, the effect of significant amounts reclassified from each component of accumulated other comprehensive income based on its source and the income statement line items affected by the reclassification. If a component is not required to be reclassified to net income in its entirety, companies would instead cross reference to the related footnote for additional information. The guidance is effective for the Company’s interim and annual reporting periods beginning after December 15, 2012, and applied prospectively. The adoption of this guidance did not have a material impact on the Company's financial condition, results of operations or disclosures. | |
In July 2013, the FASB issued ASU No. 2013-11, Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists. This update requires that an unrecognized tax benefit, or a portion of an unrecognized tax benefit, be presented in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward. The guidance will be effective for the Company's interim and annual reporting periods beginning after December 15, 2013, with early adoption permitted. The update should be applied prospectively to all unrecognized tax benefits that exist at the effective date, although retrospective application is permitted. The Company does not expect adoption of this guidance to have a material impact on its financial condition, results of operations or disclosures. |
Investments_Investments_Tables
Investments Investments (Tables) | 9 Months Ended | ||||||||||||||||
Nov. 02, 2013 | |||||||||||||||||
Investments [Abstract] | ' | ||||||||||||||||
Schedule of Available-for-sale Securities Reconciliation [Table Text Block] | ' | ||||||||||||||||
Investments as of November 2, 2013 consisted of the following (in thousands): | |||||||||||||||||
Amortized Cost | Unrealized Gains | Unrealized Losses | Estimated Fair Value | ||||||||||||||
Short-term investments: | |||||||||||||||||
Available-for-sale securities: | |||||||||||||||||
Certificates of deposit | $ | 4,670 | $ | — | $ | 5 | $ | 4,665 | |||||||||
Commercial paper | 8,815 | 1 | 2 | 8,814 | |||||||||||||
U.S. Agency securities | 808 | — | — | 808 | |||||||||||||
Total short-term investments | 14,293 | 1 | 7 | 14,287 | |||||||||||||
Long-term investments: | |||||||||||||||||
Available-for-sale securities: | |||||||||||||||||
Municipal bonds | 224 | 2 | — | 226 | |||||||||||||
Corporate bonds | 2,481 | 1 | 1 | 2,481 | |||||||||||||
U.S. Agency securities | 2,567 | 1 | — | 2,568 | |||||||||||||
Total long-term investments | 5,272 | 4 | 1 | 5,275 | |||||||||||||
Total investments | $ | 19,565 | $ | 5 | $ | 8 | $ | 19,562 | |||||||||
Merchandise_Inventories_Tables
Merchandise Inventories (Tables) | 9 Months Ended | ||||||||
Nov. 02, 2013 | |||||||||
Inventory Disclosure [Abstract] | ' | ||||||||
Schedule of merchandise inventories | ' | ||||||||
Merchandise inventories consisted of the following (in thousands): | |||||||||
November 2, 2013 | February 2, 2013 | ||||||||
Merchandise - in store/e-commerce | $ | 44,061 | $ | 32,978 | |||||
Merchandise - in transit | 5,189 | 9,726 | |||||||
Total merchandise inventories | $ | 49,250 | $ | 42,704 | |||||
Property_Equipment_and_Improve1
Property, Equipment and Improvements, Net (Tables) | 9 Months Ended | ||||||||||
Nov. 02, 2013 | |||||||||||
Property, Plant and Equipment [Abstract] | ' | ||||||||||
Property, Plant and Equipment [Table Text Block] | ' | ||||||||||
Property, equipment and improvements, net consisted of the following (in thousands): | |||||||||||
Description | Estimated Useful Life | November 2, 2013 | February 2, 2013 | ||||||||
Land | — | $ | 1,597 | $ | 1,597 | ||||||
Corporate office, distribution center and related building improvements | 25 years | 12,323 | 12,323 | ||||||||
Store leasehold improvements | Shorter of the useful life or term of related lease, typically 10 years | 56,130 | 57,954 | ||||||||
Store furniture and fixtures | 3 to 10 years | 72,377 | 73,865 | ||||||||
Corporate office and distribution center furniture, fixtures and equipment | 7 years | 5,551 | 5,550 | ||||||||
Computer and point of sale hardware and software | 3 to 5 years | 36,714 | 34,746 | ||||||||
Construction in progress | — | 1,503 | 1,040 | ||||||||
Total property, equipment and improvements, gross | 186,195 | 187,075 | |||||||||
Less accumulated depreciation and amortization | (148,578 | ) | (145,845 | ) | |||||||
Total property, equipment and improvements, net | $ | 37,617 | $ | 41,230 | |||||||
Accrued_Liabilities_Tables
Accrued Liabilities (Tables) | 9 Months Ended | ||||||||
Nov. 02, 2013 | |||||||||
Accrued Liabilities, Current [Abstract] | ' | ||||||||
Schedule of other accrued liabilities | ' | ||||||||
Other accrued liabilities consisted of the following (in thousands): | |||||||||
November 2, 2013 | February 2, 2013 | ||||||||
Gift card and store credit liabilities | $ | 4,739 | $ | 8,282 | |||||
Accrued Friendship Rewards Program loyalty liability | 4,639 | 3,928 | |||||||
Accrued income, sales and other taxes payable | 2,681 | 1,962 | |||||||
Accrued occupancy-related expenses | 2,366 | 674 | |||||||
Sales return reserve | 2,225 | 750 | |||||||
Other accrued liabilities | 7,493 | 7,814 | |||||||
Total other accrued liabilities | $ | 24,143 | $ | 23,410 | |||||
Earnings_Per_Share_Tables
Earnings Per Share (Tables) | 9 Months Ended | ||||||||||||||||
Nov. 02, 2013 | |||||||||||||||||
Earnings Per Share [Abstract] | ' | ||||||||||||||||
Schedule of earnings per share | ' | ||||||||||||||||
The calculation of EPS for common stock shown below excludes the income attributable to these unvested employee restricted stock awards from the numerator and excludes the dilutive impact of these shares from the denominator. | |||||||||||||||||
Thirteen Weeks Ended | Thirty-Nine Weeks Ended | ||||||||||||||||
November 2, 2013 | October 27, 2012 | November 2, 2013 | October 27, 2012 | ||||||||||||||
Numerator (in thousands): | |||||||||||||||||
Net income (loss) attributable to Christopher & Banks Corporation | $ | 8,612 | $ | 3,583 | $ | 8,976 | $ | (12,026 | ) | ||||||||
Income allocated to participating securities | (40 | ) | (61 | ) | (31 | ) | — | ||||||||||
Net income (loss) available to common shareholders | $ | 8,572 | $ | 3,522 | $ | 8,945 | $ | (12,026 | ) | ||||||||
Denominator (in thousands): | |||||||||||||||||
Weighted average common shares outstanding - basic | 36,244 | 35,643 | 36,234 | 35,626 | |||||||||||||
Dilutive shares | 787 | 387 | 858 | — | |||||||||||||
Weighted average common and common equivalent shares outstanding - diluted | 37,031 | 36,030 | 37,092 | 35,626 | |||||||||||||
Net earnings (loss) per common share: | |||||||||||||||||
Basic | $ | 0.24 | $ | 0.1 | $ | 0.25 | $ | (0.34 | ) | ||||||||
Diluted | $ | 0.23 | $ | 0.1 | $ | 0.24 | $ | (0.34 | ) | ||||||||
Fair_Value_Measurements_Tables
Fair Value Measurements (Tables) | 9 Months Ended | ||||||||||||||||
Nov. 02, 2013 | |||||||||||||||||
Fair Value Disclosures [Abstract] | ' | ||||||||||||||||
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block] | ' | ||||||||||||||||
The following table provides information by level for the Company's available-for-sale securities that were measured at fair value on a recurring basis as of November 2, 2013 (in thousands): | |||||||||||||||||
Fair Value Measurements | |||||||||||||||||
Using Inputs Considered as | |||||||||||||||||
Description | Fair Value | Level 1 | Level 2 | Level 3 | |||||||||||||
Short-term investments: | |||||||||||||||||
Certificates of deposit | $ | 4,665 | $ | — | $ | 4,665 | $ | — | |||||||||
Commercial paper | 8,814 | — | 8,814 | — | |||||||||||||
U.S. Agency securities | 808 | — | 808 | — | |||||||||||||
Total current assets | 14,287 | — | 14,287 | — | |||||||||||||
Long-term investments: | |||||||||||||||||
Municipal bonds | 226 | — | 226 | — | |||||||||||||
Corporate bonds | 2,481 | — | 2,481 | — | |||||||||||||
U.S. Agency securities | 2,568 | — | 2,568 | — | |||||||||||||
Total non-current assets | 5,275 | — | 5,275 | — | |||||||||||||
Total assets | $ | 19,562 | $ | — | $ | 19,562 | $ | — | |||||||||
Segment_Reporting_Tables
Segment Reporting (Tables) | 9 Months Ended | ||||||||||||
Nov. 02, 2013 | |||||||||||||
Segment Reporting [Abstract] | ' | ||||||||||||
Schedule of segment reporting | ' | ||||||||||||
(in thousands) | Christopher & Banks/C.J. Banks | Corporate/Administrative | Consolidated | ||||||||||
Thirteen Weeks Ended November 2, 2013 | |||||||||||||
Net sales | $ | 118,077 | $ | — | $ | 118,077 | |||||||
Depreciation and amortization | 2,322 | 785 | 3,107 | ||||||||||
Operating income (loss) | 23,184 | (14,571 | ) | 8,613 | |||||||||
Total assets | 109,169 | 38,485 | 147,654 | ||||||||||
Thirteen Weeks Ended October 27, 2012 | |||||||||||||
Net sales | $ | 117,263 | $ | — | $ | 117,263 | |||||||
Depreciation and amortization | 3,311 | 1,134 | 4,445 | ||||||||||
Operating income (loss) | 16,260 | (12,644 | ) | 3,616 | |||||||||
Total assets | 97,037 | 47,963 | 145,000 | ||||||||||
(in thousands) | Christopher & Banks/C.J. Banks | Corporate/Administrative | Consolidated | ||||||||||
Thirty-Nine Weeks Ended November 2, 2013 | |||||||||||||
Net sales | $ | 330,829 | $ | — | $ | 330,829 | |||||||
Depreciation and amortization | 7,206 | 2,721 | 9,927 | ||||||||||
Operating income (loss) | 52,134 | (42,740 | ) | 9,394 | |||||||||
Total assets | 109,169 | 38,485 | 147,654 | ||||||||||
Thirty-Nine Weeks Ended October 27, 2012 | |||||||||||||
Net sales | $ | 314,321 | $ | — | $ | 314,321 | |||||||
Depreciation and amortization | 11,035 | 3,349 | 14,384 | ||||||||||
Operating income (loss) | 23,266 | (35,215 | ) | (11,949 | ) | ||||||||
Total assets | 97,037 | 47,963 | 145,000 | ||||||||||
Investments_Details
Investments (Details) (USD $) | 9 Months Ended | ||
Nov. 02, 2013 | Oct. 27, 2012 | Feb. 02, 2013 | |
Schedule of Available-for-sale Securities [Line Items] | ' | ' | ' |
Document Period End Date | 2-Nov-13 | ' | ' |
Available-for-sale Securities, Amortized Cost Basis | $19,565,000 | ' | ' |
Available-for-sale Securities, Gross Unrealized Gains | 5,000 | ' | ' |
Available-for-sale Securities, Gross Unrealized Losses | 8,000 | ' | ' |
Available-for-sale Securities, Fair Value Disclosure | 19,562,000 | ' | ' |
Short-term investments | 14,287,000 | ' | 0 |
Payments to Acquire Investments | 22,245,000 | 0 | ' |
Proceeds from Sale, Maturity and Collection of Investments | 2,639,000 | 21,403,000 | ' |
Other than Temporary Impairment Losses, Investments, Portion Recognized in Earnings, Net, Available-for-sale Securities | 0 | 0 | ' |
Available-for-sale Securities, Debt Maturities, Next Twelve Months, Amortized Cost Basis | 14,287,000 | ' | ' |
Available-for-sale Securities, Debt Maturities, Year Two Through Five, Amortized Cost Basis | 5,275,000 | ' | ' |
Short-term Investments [Member] | ' | ' | ' |
Schedule of Available-for-sale Securities [Line Items] | ' | ' | ' |
Available-for-sale Securities, Amortized Cost Basis | 14,293,000 | ' | ' |
Available-for-sale Securities, Gross Unrealized Gains | 1,000 | ' | ' |
Available-for-sale Securities, Gross Unrealized Losses | 7,000 | ' | ' |
Available-for-sale Securities, Fair Value Disclosure | 14,287,000 | ' | ' |
Long Term Investments [Member] | ' | ' | ' |
Schedule of Available-for-sale Securities [Line Items] | ' | ' | ' |
Available-for-sale Securities, Amortized Cost Basis | 5,272,000 | ' | ' |
Available-for-sale Securities, Gross Unrealized Gains | 4,000 | ' | ' |
Available-for-sale Securities, Gross Unrealized Losses | 1,000 | ' | ' |
Available-for-sale Securities, Fair Value Disclosure | 5,275,000 | ' | ' |
Certificates of Deposit [Member] | Short-term Investments [Member] | ' | ' | ' |
Schedule of Available-for-sale Securities [Line Items] | ' | ' | ' |
Available-for-sale Securities, Amortized Cost Basis | 4,670,000 | ' | ' |
Available-for-sale Securities, Gross Unrealized Gains | 0 | ' | ' |
Available-for-sale Securities, Gross Unrealized Losses | 5,000 | ' | ' |
Available-for-sale Securities, Fair Value Disclosure | 4,665,000 | ' | ' |
Commercial Paper [Member] | Short-term Investments [Member] | ' | ' | ' |
Schedule of Available-for-sale Securities [Line Items] | ' | ' | ' |
Available-for-sale Securities, Amortized Cost Basis | 8,815,000 | ' | ' |
Available-for-sale Securities, Gross Unrealized Gains | 1,000 | ' | ' |
Available-for-sale Securities, Gross Unrealized Losses | 2,000 | ' | ' |
Available-for-sale Securities, Fair Value Disclosure | 8,814,000 | ' | ' |
US Government Agencies Debt Securities [Member] | Short-term Investments [Member] | ' | ' | ' |
Schedule of Available-for-sale Securities [Line Items] | ' | ' | ' |
Available-for-sale Securities, Amortized Cost Basis | 808,000 | ' | ' |
Available-for-sale Securities, Gross Unrealized Gains | 0 | ' | ' |
Available-for-sale Securities, Gross Unrealized Losses | 0 | ' | ' |
Available-for-sale Securities, Fair Value Disclosure | 808,000 | ' | ' |
US Government Agencies Debt Securities [Member] | Long Term Investments [Member] | ' | ' | ' |
Schedule of Available-for-sale Securities [Line Items] | ' | ' | ' |
Available-for-sale Securities, Amortized Cost Basis | 2,567,000 | ' | ' |
Available-for-sale Securities, Gross Unrealized Gains | 1,000 | ' | ' |
Available-for-sale Securities, Gross Unrealized Losses | 0 | ' | ' |
Available-for-sale Securities, Fair Value Disclosure | 2,568,000 | ' | ' |
Municipal Bonds [Member] | Long Term Investments [Member] | ' | ' | ' |
Schedule of Available-for-sale Securities [Line Items] | ' | ' | ' |
Available-for-sale Securities, Amortized Cost Basis | 224,000 | ' | ' |
Available-for-sale Securities, Gross Unrealized Gains | 2,000 | ' | ' |
Available-for-sale Securities, Gross Unrealized Losses | 0 | ' | ' |
Available-for-sale Securities, Fair Value Disclosure | 226,000 | ' | ' |
Corporate Bond Securities [Member] | Long Term Investments [Member] | ' | ' | ' |
Schedule of Available-for-sale Securities [Line Items] | ' | ' | ' |
Available-for-sale Securities, Amortized Cost Basis | 2,481,000 | ' | ' |
Available-for-sale Securities, Gross Unrealized Gains | 1,000 | ' | ' |
Available-for-sale Securities, Gross Unrealized Losses | 1,000 | ' | ' |
Available-for-sale Securities, Fair Value Disclosure | $2,481,000 | ' | ' |
Merchandise_Inventories_Detail
Merchandise Inventories (Details) (USD $) | 9 Months Ended | 9 Months Ended | ||
In Thousands, unless otherwise specified | Nov. 02, 2013 | Feb. 02, 2013 | Nov. 02, 2013 | Oct. 27, 2012 |
Vendor One [Member] | Vendor One [Member] | |||
Major Vendors [Line Items] | ' | ' | ' | ' |
Document Period End Date | 2-Nov-13 | ' | ' | ' |
Percent of Merchandise Purchases From A Single Vendor | ' | ' | 20.00% | 18.00% |
Merchandise - in store/e-Commerce | $44,061 | $32,978 | ' | ' |
Merchandise - in transit | 5,189 | 9,726 | ' | ' |
Merchandise inventories | $49,250 | $42,704 | ' | ' |
Property_Equipment_and_Improve2
Property, Equipment and Improvements, Net (Details) (USD $) | 9 Months Ended | ||
Nov. 02, 2013 | Oct. 27, 2012 | Feb. 02, 2013 | |
Property, Plant and Equipment [Line Items] | ' | ' | ' |
Gross property, equipment and improvements | $186,195,000 | ' | $187,075,000 |
Less accumulated depreciation and amortization | -148,578,000 | ' | -145,845,000 |
Net property, equipment and improvements | 37,617,000 | ' | 41,230,000 |
Asset Impairment Charges | 100,000 | 100,000 | ' |
Land | ' | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' | ' |
Gross property, equipment and improvements | 1,597,000 | ' | 1,597,000 |
Building and Building Improvements [Member] | ' | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' | ' |
Gross property, equipment and improvements | 12,323,000 | ' | 12,323,000 |
Leasehold Improvements [Member] | ' | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' | ' |
Gross property, equipment and improvements | 56,130,000 | ' | 57,954,000 |
Store Furniture and Fixtures [Member] | ' | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' | ' |
Gross property, equipment and improvements | 72,377,000 | ' | 73,865,000 |
Office and Distribution Center Furniture Fixtures and Equipment [Member] | ' | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' | ' |
Gross property, equipment and improvements | 5,551,000 | ' | 5,550,000 |
Computer and Point of Sale, Hardware and Software [Member] | ' | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' | ' |
Gross property, equipment and improvements | 36,714,000 | ' | 34,746,000 |
Construction in progress | ' | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' | ' |
Gross property, equipment and improvements | $1,503,000 | ' | $1,040,000 |
Minimum [Member] | Store Furniture and Fixtures [Member] | ' | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' | ' |
Property, Plant and Equipment, Estimated Useful Lives | '3 | ' | ' |
Minimum [Member] | Computer and Point of Sale, Hardware and Software [Member] | ' | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' | ' |
Property, Plant and Equipment, Estimated Useful Lives | '3 | ' | ' |
Maximum [Member] | Building and Building Improvements [Member] | ' | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' | ' |
Property, Plant and Equipment, Estimated Useful Lives | '25 | ' | ' |
Maximum [Member] | Leasehold Improvements [Member] | ' | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' | ' |
Property, Plant and Equipment, Estimated Useful Lives | '10 | ' | ' |
Maximum [Member] | Store Furniture and Fixtures [Member] | ' | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' | ' |
Property, Plant and Equipment, Estimated Useful Lives | '10 | ' | ' |
Maximum [Member] | Office and Distribution Center Furniture Fixtures and Equipment [Member] | ' | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' | ' |
Property, Plant and Equipment, Estimated Useful Lives | '7 | ' | ' |
Maximum [Member] | Computer and Point of Sale, Hardware and Software [Member] | ' | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' | ' |
Property, Plant and Equipment, Estimated Useful Lives | '5 | ' | ' |
Accrued_Liabilities_Details
Accrued Liabilities (Details) (USD $) | Nov. 02, 2013 | Feb. 02, 2013 |
In Thousands, unless otherwise specified | ||
Accrued Liabilities, Current [Abstract] | ' | ' |
Gift card and store credit liabilities | $4,739 | $8,282 |
Accrued Friendship Rewards Program loyalty liability | 4,639 | 3,928 |
Accrued income, sales and other taxes payable | 2,681 | 1,962 |
Accrued occupancy-related expenses | 2,366 | 674 |
Customer Refund Liability, Current | 2,225 | 750 |
Other Sundry Liabilities, Current | 7,493 | 7,814 |
Other accrued liabilities | $24,143 | $23,410 |
Credit_Facility_Details
Credit Facility (Details) (USD $) | 3 Months Ended | |
In Millions, unless otherwise specified | Nov. 02, 2013 | Jul. 12, 2012 |
Credit Facility [Line Items] | ' | ' |
New Credit Agreement Date | 12-Jul-12 | ' |
Maximum Borrowing Capacity, Credit Facility | $50 | ' |
Maximum Borrowing Capacity, Letters of Credit | 10 | ' |
Deferred financing costs | ' | 0.4 |
Availability requirement, Percentage | 10.00% | ' |
Availability requirement, Value | 3 | ' |
Dividends Allowed Under Credit Facility | 10 | ' |
Special Dividend Allowed Under Credit Facility | 5 | ' |
Ownership interest percentage held as collateral security | 100.00% | ' |
Borrowings under the credit facility | 0 | ' |
Borrowing base | 44.2 | ' |
Open on-demand letters of credit | 1 | ' |
Available borrowing capacity under the credit facility | $38.80 | ' |
Minimum [Member] | ' | ' |
Credit Facility [Line Items] | ' | ' |
Letters of credit fees (as a percent) | 1.50% | ' |
Maximum [Member] | ' | ' |
Credit Facility [Line Items] | ' | ' |
Letters of credit fees (as a percent) | 2.50% | ' |
Prime rate | Minimum [Member] | ' | ' |
Credit Facility [Line Items] | ' | ' |
Reference rate (as a percent) | 1.00% | ' |
Prime rate | Maximum [Member] | ' | ' |
Credit Facility [Line Items] | ' | ' |
Reference rate (as a percent) | 1.50% | ' |
LIBOR | Minimum [Member] | ' | ' |
Credit Facility [Line Items] | ' | ' |
Reference rate (as a percent) | 2.00% | ' |
LIBOR | Maximum [Member] | ' | ' |
Credit Facility [Line Items] | ' | ' |
Reference rate (as a percent) | 2.50% | ' |
Income_Taxes_Details
Income Taxes (Details) (USD $) | 9 Months Ended | |
In Millions, unless otherwise specified | Nov. 02, 2013 | Feb. 02, 2013 |
Operating Loss Carryforwards [Line Items] | ' | ' |
Document Period End Date | 2-Nov-13 | ' |
Operating Loss Carryforwards | $28.80 | ' |
Tax Credit Carryforward, Amount | 0.7 | ' |
Portion of Net Operating Loss Generated by Equity Based Compensation | 1.5 | ' |
Liability for Uncertain Tax Positions, Noncurrent | 1 | 1 |
Unrecognized Tax Benefits that Would Impact Effective Tax Rate | 0.9 | 0.7 |
Tax Positions, Ultimate Deductibility Highly Certain | 0.1 | ' |
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued | 0.2 | 0.3 |
State and Local Jurisdiction [Member] | ' | ' |
Operating Loss Carryforwards [Line Items] | ' | ' |
Operating Loss Carryforwards | $2.70 | ' |
Earnings_Per_Share_Details
Earnings Per Share (Details) (USD $) | 3 Months Ended | 9 Months Ended | ||
In Thousands, except Share data, unless otherwise specified | Nov. 02, 2013 | Oct. 27, 2012 | Nov. 02, 2013 | Oct. 27, 2012 |
Numerator (in thousands): | ' | ' | ' | ' |
Net income (loss) | $8,612 | $3,583 | $8,976 | ($12,026) |
Income allocated to participating securities | -40 | -61 | -31 | 0 |
Net income (loss) available to common shareholders | $8,572 | $3,522 | $8,945 | ($12,026) |
Weighted average number of common shares outstanding: | ' | ' | ' | ' |
Weighted Average Number of Shares Outstanding, basic | 36,244,000 | 35,643,000 | 36,234,000 | 35,626,000 |
Dilutive shares | 787,000 | 387,000 | 858,000 | 0 |
Weighted Average Number of Shares Outstanding, diluted | 37,031,000 | 36,030,000 | 37,092,000 | 35,626,000 |
Net income (loss) per common share: | ' | ' | ' | ' |
Earnings per share, basic | $0.24 | $0.10 | $0.25 | ($0.34) |
Earnings per share, diluted | $0.23 | $0.10 | $0.24 | ($0.34) |
Stock options excluded from the shares used in the computation of diluted earnings per share | 3,200,000 | 1,100,000 | 3,200,000 | 1,800,000 |
Fair_Value_Measurements_Detail
Fair Value Measurements (Details) (USD $) | Nov. 02, 2013 | Oct. 27, 2012 |
Fair Value Disclosures [Abstract] | ' | ' |
Fair Value, Assets, Level 1 to Level 2 Transfers, Amount | $0 | $0 |
Fair_Value_Measurements_Detail1
Fair Value Measurements (Details 2) (USD $) | 9 Months Ended | ||||
Nov. 02, 2013 | Oct. 27, 2012 | 4-May-13 | Feb. 02, 2013 | Apr. 28, 2012 | |
Fair value measurements | ' | ' | ' | ' | ' |
Fair Value, Assets, Level 1 to Level 2 Transfers, Amount | $0 | $0 | ' | ' | ' |
Short-term investments | 14,287,000 | ' | ' | 0 | ' |
Carrying amount of long-lived assets held and used | ' | ' | 100,000 | ' | 200,000 |
Fair value of long-lived assets held and used | ' | ' | 0 | ' | 0 |
Asset Impairment Charges | 100,000 | 100,000 | ' | ' | ' |
Fair Value, Measurements, Recurring [Member] | ' | ' | ' | ' | ' |
Fair value measurements | ' | ' | ' | ' | ' |
Assets, Fair Value Disclosure | 19,562,000 | ' | ' | ' | ' |
Fair Value, Measurements, Recurring [Member] | Level 1 | ' | ' | ' | ' | ' |
Fair value measurements | ' | ' | ' | ' | ' |
Assets, Fair Value Disclosure | 0 | ' | ' | ' | ' |
Fair Value, Measurements, Recurring [Member] | Level 2 | ' | ' | ' | ' | ' |
Fair value measurements | ' | ' | ' | ' | ' |
Assets, Fair Value Disclosure | 19,562,000 | ' | ' | ' | ' |
Fair Value, Measurements, Recurring [Member] | Level 3 | ' | ' | ' | ' | ' |
Fair value measurements | ' | ' | ' | ' | ' |
Assets, Fair Value Disclosure | 0 | ' | ' | ' | ' |
Short-term Investments [Member] | Fair Value, Measurements, Recurring [Member] | ' | ' | ' | ' | ' |
Fair value measurements | ' | ' | ' | ' | ' |
Available-for-sale Securities, Current | 14,287,000 | ' | ' | ' | ' |
Short-term Investments [Member] | Fair Value, Measurements, Recurring [Member] | Level 1 | ' | ' | ' | ' | ' |
Fair value measurements | ' | ' | ' | ' | ' |
Available-for-sale Securities, Current | 0 | ' | ' | ' | ' |
Short-term Investments [Member] | Fair Value, Measurements, Recurring [Member] | Level 2 | ' | ' | ' | ' | ' |
Fair value measurements | ' | ' | ' | ' | ' |
Available-for-sale Securities, Current | 14,287,000 | ' | ' | ' | ' |
Short-term Investments [Member] | Fair Value, Measurements, Recurring [Member] | Level 3 | ' | ' | ' | ' | ' |
Fair value measurements | ' | ' | ' | ' | ' |
Available-for-sale Securities, Current | 0 | ' | ' | ' | ' |
Long Term Investments [Member] | Fair Value, Measurements, Recurring [Member] | ' | ' | ' | ' | ' |
Fair value measurements | ' | ' | ' | ' | ' |
Available-for-sale Securities, Noncurrent | 5,275,000 | ' | ' | ' | ' |
Long Term Investments [Member] | Fair Value, Measurements, Recurring [Member] | Level 1 | ' | ' | ' | ' | ' |
Fair value measurements | ' | ' | ' | ' | ' |
Available-for-sale Securities, Noncurrent | 0 | ' | ' | ' | ' |
Long Term Investments [Member] | Fair Value, Measurements, Recurring [Member] | Level 2 | ' | ' | ' | ' | ' |
Fair value measurements | ' | ' | ' | ' | ' |
Available-for-sale Securities, Noncurrent | 5,275,000 | ' | ' | ' | ' |
Long Term Investments [Member] | Fair Value, Measurements, Recurring [Member] | Level 3 | ' | ' | ' | ' | ' |
Fair value measurements | ' | ' | ' | ' | ' |
Available-for-sale Securities, Noncurrent | 0 | ' | ' | ' | ' |
Certificates of Deposit [Member] | Short-term Investments [Member] | Fair Value, Measurements, Recurring [Member] | ' | ' | ' | ' | ' |
Fair value measurements | ' | ' | ' | ' | ' |
Available-for-sale Securities, Current | 4,665,000 | ' | ' | ' | ' |
Certificates of Deposit [Member] | Short-term Investments [Member] | Fair Value, Measurements, Recurring [Member] | Level 1 | ' | ' | ' | ' | ' |
Fair value measurements | ' | ' | ' | ' | ' |
Available-for-sale Securities, Current | 0 | ' | ' | ' | ' |
Certificates of Deposit [Member] | Short-term Investments [Member] | Fair Value, Measurements, Recurring [Member] | Level 2 | ' | ' | ' | ' | ' |
Fair value measurements | ' | ' | ' | ' | ' |
Available-for-sale Securities, Current | 4,665,000 | ' | ' | ' | ' |
Certificates of Deposit [Member] | Short-term Investments [Member] | Fair Value, Measurements, Recurring [Member] | Level 3 | ' | ' | ' | ' | ' |
Fair value measurements | ' | ' | ' | ' | ' |
Available-for-sale Securities, Current | 0 | ' | ' | ' | ' |
Commercial Paper [Member] | Short-term Investments [Member] | Fair Value, Measurements, Recurring [Member] | ' | ' | ' | ' | ' |
Fair value measurements | ' | ' | ' | ' | ' |
Available-for-sale Securities, Current | 8,814,000 | ' | ' | ' | ' |
Commercial Paper [Member] | Short-term Investments [Member] | Fair Value, Measurements, Recurring [Member] | Level 1 | ' | ' | ' | ' | ' |
Fair value measurements | ' | ' | ' | ' | ' |
Available-for-sale Securities, Current | 0 | ' | ' | ' | ' |
Commercial Paper [Member] | Short-term Investments [Member] | Fair Value, Measurements, Recurring [Member] | Level 2 | ' | ' | ' | ' | ' |
Fair value measurements | ' | ' | ' | ' | ' |
Available-for-sale Securities, Current | 8,814,000 | ' | ' | ' | ' |
Commercial Paper [Member] | Short-term Investments [Member] | Fair Value, Measurements, Recurring [Member] | Level 3 | ' | ' | ' | ' | ' |
Fair value measurements | ' | ' | ' | ' | ' |
Available-for-sale Securities, Current | 0 | ' | ' | ' | ' |
US Government Agencies Debt Securities [Member] | Short-term Investments [Member] | Fair Value, Measurements, Recurring [Member] | ' | ' | ' | ' | ' |
Fair value measurements | ' | ' | ' | ' | ' |
Available-for-sale Securities, Current | 808,000 | ' | ' | ' | ' |
US Government Agencies Debt Securities [Member] | Short-term Investments [Member] | Fair Value, Measurements, Recurring [Member] | Level 1 | ' | ' | ' | ' | ' |
Fair value measurements | ' | ' | ' | ' | ' |
Available-for-sale Securities, Current | 0 | ' | ' | ' | ' |
US Government Agencies Debt Securities [Member] | Short-term Investments [Member] | Fair Value, Measurements, Recurring [Member] | Level 2 | ' | ' | ' | ' | ' |
Fair value measurements | ' | ' | ' | ' | ' |
Available-for-sale Securities, Current | 808,000 | ' | ' | ' | ' |
US Government Agencies Debt Securities [Member] | Short-term Investments [Member] | Fair Value, Measurements, Recurring [Member] | Level 3 | ' | ' | ' | ' | ' |
Fair value measurements | ' | ' | ' | ' | ' |
Available-for-sale Securities, Current | 0 | ' | ' | ' | ' |
US Government Agencies Debt Securities [Member] | Long Term Investments [Member] | Fair Value, Measurements, Recurring [Member] | ' | ' | ' | ' | ' |
Fair value measurements | ' | ' | ' | ' | ' |
Available-for-sale Securities, Noncurrent | 2,568,000 | ' | ' | ' | ' |
US Government Agencies Debt Securities [Member] | Long Term Investments [Member] | Fair Value, Measurements, Recurring [Member] | Level 1 | ' | ' | ' | ' | ' |
Fair value measurements | ' | ' | ' | ' | ' |
Available-for-sale Securities, Noncurrent | 0 | ' | ' | ' | ' |
US Government Agencies Debt Securities [Member] | Long Term Investments [Member] | Fair Value, Measurements, Recurring [Member] | Level 2 | ' | ' | ' | ' | ' |
Fair value measurements | ' | ' | ' | ' | ' |
Available-for-sale Securities, Noncurrent | 2,568,000 | ' | ' | ' | ' |
US Government Agencies Debt Securities [Member] | Long Term Investments [Member] | Fair Value, Measurements, Recurring [Member] | Level 3 | ' | ' | ' | ' | ' |
Fair value measurements | ' | ' | ' | ' | ' |
Available-for-sale Securities, Noncurrent | 0 | ' | ' | ' | ' |
Municipal Bonds [Member] | Long Term Investments [Member] | Fair Value, Measurements, Recurring [Member] | ' | ' | ' | ' | ' |
Fair value measurements | ' | ' | ' | ' | ' |
Available-for-sale Securities, Noncurrent | 226,000 | ' | ' | ' | ' |
Municipal Bonds [Member] | Long Term Investments [Member] | Fair Value, Measurements, Recurring [Member] | Level 1 | ' | ' | ' | ' | ' |
Fair value measurements | ' | ' | ' | ' | ' |
Available-for-sale Securities, Noncurrent | 0 | ' | ' | ' | ' |
Municipal Bonds [Member] | Long Term Investments [Member] | Fair Value, Measurements, Recurring [Member] | Level 2 | ' | ' | ' | ' | ' |
Fair value measurements | ' | ' | ' | ' | ' |
Available-for-sale Securities, Noncurrent | 226,000 | ' | ' | ' | ' |
Municipal Bonds [Member] | Long Term Investments [Member] | Fair Value, Measurements, Recurring [Member] | Level 3 | ' | ' | ' | ' | ' |
Fair value measurements | ' | ' | ' | ' | ' |
Available-for-sale Securities, Noncurrent | 0 | ' | ' | ' | ' |
Corporate Bond Securities [Member] | Long Term Investments [Member] | Fair Value, Measurements, Recurring [Member] | ' | ' | ' | ' | ' |
Fair value measurements | ' | ' | ' | ' | ' |
Available-for-sale Securities, Noncurrent | 2,481,000 | ' | ' | ' | ' |
Corporate Bond Securities [Member] | Long Term Investments [Member] | Fair Value, Measurements, Recurring [Member] | Level 1 | ' | ' | ' | ' | ' |
Fair value measurements | ' | ' | ' | ' | ' |
Available-for-sale Securities, Noncurrent | 0 | ' | ' | ' | ' |
Corporate Bond Securities [Member] | Long Term Investments [Member] | Fair Value, Measurements, Recurring [Member] | Level 2 | ' | ' | ' | ' | ' |
Fair value measurements | ' | ' | ' | ' | ' |
Available-for-sale Securities, Noncurrent | 2,481,000 | ' | ' | ' | ' |
Corporate Bond Securities [Member] | Long Term Investments [Member] | Fair Value, Measurements, Recurring [Member] | Level 3 | ' | ' | ' | ' | ' |
Fair value measurements | ' | ' | ' | ' | ' |
Available-for-sale Securities, Noncurrent | $0 | ' | ' | ' | ' |
Segment_Reporting_Details
Segment Reporting (Details) (USD $) | 3 Months Ended | 9 Months Ended | |||
Nov. 02, 2013 | Oct. 27, 2012 | Nov. 02, 2013 | Oct. 27, 2012 | Feb. 02, 2013 | |
Segment Reporting [Line Items] | ' | ' | ' | ' | ' |
Restructuring and impairment | $0 | $333,000 | $140,000 | ($5,161,000) | ' |
Document Period End Date | ' | ' | 2-Nov-13 | ' | ' |
Asset Impairment Charges | ' | ' | 100,000 | 100,000 | ' |
Net sales | 118,077,000 | 117,263,000 | 330,829,000 | 314,321,000 | ' |
Depreciation expense | 3,107,000 | 4,445,000 | 9,927,000 | 14,384,000 | ' |
Operating income (loss) | 8,613,000 | 3,616,000 | 9,394,000 | -11,949,000 | ' |
Total assets | 147,654,000 | 145,000,000 | 147,654,000 | 145,000,000 | 135,932,000 |
Christopher & Banks/ C.J. Banks | ' | ' | ' | ' | ' |
Segment Reporting [Line Items] | ' | ' | ' | ' | ' |
Net sales | 118,077,000 | 117,263,000 | 330,829,000 | 314,321,000 | ' |
Depreciation expense | 2,322,000 | 3,311,000 | 7,206,000 | 11,035,000 | ' |
Operating income (loss) | 23,184,000 | 16,260,000 | 52,134,000 | 23,266,000 | ' |
Total assets | 109,169,000 | 97,037,000 | 109,169,000 | 97,037,000 | ' |
Corporate/ Administrative | ' | ' | ' | ' | ' |
Segment Reporting [Line Items] | ' | ' | ' | ' | ' |
Net sales | 0 | 0 | 0 | 0 | ' |
Depreciation expense | 785,000 | 1,134,000 | 2,721,000 | 3,349,000 | ' |
Operating income (loss) | -14,571,000 | -12,644,000 | -42,740,000 | -35,215,000 | ' |
Total assets | 38,485,000 | 47,963,000 | 38,485,000 | 47,963,000 | ' |
Asset Impairment [Member] | Christopher & Banks/ C.J. Banks | ' | ' | ' | ' | ' |
Segment Reporting [Line Items] | ' | ' | ' | ' | ' |
Asset Impairment Charges | ' | ' | $100,000 | $100,000 | ' |
Related_Party_Transactions_Det
Related Party Transactions (Details) (G-III and its related entities, USD $) | 9 Months Ended | ||
In Millions, unless otherwise specified | Nov. 02, 2013 | Oct. 27, 2012 | Feb. 02, 2013 |
G-III and its related entities | ' | ' | ' |
Related Party Transactions | ' | ' | ' |
Aggregate payments made by the company or its subsidiaries to related party | $0.90 | $0.90 | ' |
Balance due to related party | $0.10 | ' | $0.20 |