Stein Mart (SMRTQ) 10-K 4 May 18 2017 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Feb. 03, 2018	Apr. 30, 2018	Jul. 29, 2017
Document And Entity Information [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Feb. 3, 2018
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	FY
Trading Symbol	SMRT
Entity Registrant Name	STEIN MART INC
Entity Central Index Key	884,940
Current Fiscal Year End Date	--02-03
Entity Well-known Seasoned Issuer	No
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		47,911,922
Entity Public Float			$ 43,627,055

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Feb. 03, 2018	Jan. 28, 2017
Current assets:
Cash and cash equivalents	$ 10,400	$ 10,604
Inventories	270,237	291,110
Prepaid expenses and other current assets	24,194	30,249
Total current assets	304,831	331,963
Property and equipment, net	151,128	165,542
Other assets	24,973	30,344
Total assets	480,932	527,849
Current liabilities:
Accounts payable	119,388	114,419
Current portion of debt	13,738	10,000
Accrued expenses and other current liabilities	76,058	72,772
Total current liabilities	209,184	197,191
Long-term debt, net of current portion	142,387	171,792
Deferred rent	40,860	41,774
Other liabilities	40,214	46,832
Total liabilities	432,645	457,589
COMMITMENTS AND CONTINGENCIES (Notes 5 and 9)
Shareholders' equity:
Preferred stock - $.01 par value; 1,000,000 shares authorized; no shares issued or outstanding
Common stock - $.01 par value; 100,000,000 shares authorized; 47,978,275 and 47,018,942 shares issued and outstanding, at February 3, 2018 and January 28, 2017, respectively	480	470
Additional paid-in capital	56,002	50,241
Retained (deficit) earnings	(7,949)	19,853
Accumulated other comprehensive loss	(246)	(304)
Total shareholders' equity	48,287	70,260
Total liabilities and shareholders' equity	$ 480,932	$ 527,849

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Feb. 03, 2018	Jan. 28, 2017
Statement of Financial Position [Abstract]
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	47,978,275	47,018,942
Common stock, shares outstanding	47,978,275	47,018,942

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Income Statement [Abstract]
Net sales	$ 1,318,633	$ 1,360,518	$ 1,359,901
Cost of merchandise sold	987,692	1,001,539	974,614
Gross profit	330,941	358,979	385,287
Selling, general and administrative expenses	362,175	355,413	343,724
Operating (loss) income	(31,234)	3,566	41,563
Interest expense, net	4,788	3,884	3,283
(Loss) income before income taxes	(36,022)	(318)	38,280
Income tax (benefit) expense	(11,698)	(719)	14,569
Net (loss) income	$ (24,324)	$ 401	$ 23,711
Net (loss) income per share:
Basic	$ (0.52)	$ 0.01	$ 0.52
Diluted	$ (0.52)	$ 0.01	$ 0.51
Weighted-average shares outstanding:
Basic	46,342	45,785	44,754
Diluted	46,342	46,597	45,953

Consolidated Statements of Comp

Consolidated Statements of Comprehensive (Loss) Income - USD ($) $ in Thousands	12 Months Ended
	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Statement of Comprehensive Income [Abstract]
Net (loss) income	$ (24,324)	$ 401	$ 23,711
Change in post-retirement benefit obligations (See Note 7):
Other comprehensive income (loss) before reclassifications	23	(44)	137
Amounts reclassified from accumulated other comprehensive income	35	19	16
Comprehensive (loss) income	$ (24,266)	$ 376	$ 23,864

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings (Deficit) [Member]	Accumulated Other Comprehensive (Loss) Income [Member]
Balance at Jan. 31, 2015	$ 284,938	$ 449	$ 34,875	$ 250,046	$ (432)
Balance, shares at Jan. 31, 2015		44,919
Net income (loss)	23,711			23,711
Other comprehensive income (loss), net of tax	153				153
Common shares issued under stock option plan	571	$ 2	569
Common shares issued under stock option plan, shares		164
Common shares issued under employee stock purchase plan	768	$ 1	767
Common shares issued under employee stock purchase plan, shares		112
Reacquired shares	(3,566)	$ (3)	(3,563)
Reacquired shares, shares		(262)
Issuance of restricted stock, net		$ 9	(9)
Issuance of restricted stock, net, shares		882
Share-based compensation	6,516		6,516
Tax (shortfall) benefit from equity issuances	3,646		3,646
Cash dividends paid	(239,089)			(239,089)
Cash dividends payable	(1,331)			(1,331)
Balance at Jan. 30, 2016	76,317	$ 458	42,801	33,337	(279)
Balance, shares at Jan. 30, 2016		45,815
Net income (loss)	401			401
Other comprehensive income (loss), net of tax	(25)				(25)
Common shares issued under stock option plan	1,349	$ 3	1,346
Common shares issued under stock option plan, shares		276
Common shares issued under employee stock purchase plan	722	$ 1	721
Common shares issued under employee stock purchase plan, shares		145
Reacquired shares	(1,668)	$ (2)	(1,666)
Reacquired shares, shares		(224)
Issuance of restricted stock, net		$ 10	(10)
Issuance of restricted stock, net, shares		1,007
Share-based compensation	7,923		7,923
Tax (shortfall) benefit from equity issuances	(874)		(874)
Cash dividends paid	(14,700)			(14,700)
Cash dividends payable	815			815
Balance at Jan. 28, 2017	70,260	$ 470	50,241	19,853	(304)
Balance, shares at Jan. 28, 2017		47,019
Net income (loss)	(24,324)			(24,324)
Other comprehensive income (loss), net of tax	$ 58				58
Common shares issued under stock option plan, shares	0
Common shares issued under employee stock purchase plan	$ 328	$ 2	326
Common shares issued under employee stock purchase plan, shares		228
Reacquired shares	(248)		(248)
Reacquired shares, shares		(81)
Issuance of restricted stock, net		$ 8	(8)
Issuance of restricted stock, net, shares		812
Share-based compensation	5,691		5,691
Cash dividends paid	(3,639)			(3,639)
Cash dividends payable	161			161
Balance at Feb. 03, 2018	$ 48,287	$ 480	$ 56,002	$ (7,949)	$ (246)
Balance, shares at Feb. 03, 2018		47,978

Consolidated Statements of Sha7

Consolidated Statements of Shareholders' Equity (Parenthetical) - $ / shares	12 Months Ended
	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Cash dividends paid, per share	$ 0.075	$ 0.30	$ 5.30
Retained Earnings (Deficit) [Member]
Cash dividends paid, per share	$ 0.075	$ 0.30	$ 5.30

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Cash flows from operating activities:
Net (loss) income	$ (24,324)	$ 401	$ 23,711
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation and amortization	32,333	32,600	29,873
Share-based compensation	5,691	7,923	6,516
Store closing charges	168	145	7
Impairment of property and other assets	3,792	1,433	2,008
Loss on disposal of property and equipment	329	191	167
Deferred income taxes	(3,222)	1,835	(5,121)
Tax expense from equity issuances		(874)	3,646
Excess tax benefits from share-based compensation		(86)	(3,932)
Changes in assets and liabilities:
Inventories	20,873	2,498	(7,985)
Prepaid expenses and other current assets	6,055	(12,469)	806
Other assets	2,254	(1,408)	1,535
Accounts payable	5,096	8,785	(24,438)
Accrued expenses and other current liabilities	3,404	4,249	(316)
Other liabilities	(4,737)	14,974	11,425
Net cash provided by operating activities	47,712	60,197	37,902
Cash flows from investing activities:
Net acquisition of property and equipment	(21,244)	(42,378)	(44,365)
Proceeds from canceled corporate-owned life insurance policies	2,760	388	510
Proceeds from sale of assets		3,178
Net cash used in investing activities	(18,484)	(38,812)	(43,855)
Cash flows from financing activities:
Proceeds from borrowings	474,529	453,800	673,312
Repayments of debt	(500,238)	(462,200)	(483,079)
Debt issuance costs			(380)
Cash dividends paid	(3,639)	(14,700)	(239,089)
Capital Lease Payments	(164)
Excess tax benefits from share-based compensation		86	3,932
Proceeds from exercise of stock options and other	328	2,071	1,339
Repurchase of common stock	(248)	(1,668)	(3,566)
Net cash used in financing activities	(29,432)	(22,611)	(47,531)
Net decrease in cash and cash equivalents	(204)	(1,226)	(53,484)
Cash and cash equivalents at beginning of year	10,604	11,830	65,314
Cash and cash equivalents at end of year	10,400	10,604	11,830
Supplemental disclosures of cash flow information:
Income taxes (received) paid	(19,422)	11,751	13,116
Interest paid	4,578	3,671	3,033
Accruals and accounts payable for capital expenditures	629	$ 1,828	$ 4,148
Property and equipment acquired through capital lease	$ 1,996

Summary of Significant Accounti

Summary of Significant Accounting Policies and Other Information	12 Months Ended
	Feb. 03, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Summary of Significant Accounting Policies and Other Information	1. Summary of Significant Accounting Policies and Other Information As of February 3, 2018, Stein Mart, Inc. operated a chain of 293 retail stores in 31 states and an e-commerce off-price As used herein, the terms “we,” “our,” “us” and “Stein Mart” refer to Stein Mart, Inc. and its wholly-owned subsidiaries, Stein Mart Buying Corporation and Stein Mart Holding Corporation. Consolidation. Fiscal Year End. Use of Estimates. Cash and Cash Equivalents. Retail Inventory Method and Inventory Valuation. cost-to-retail We perform physical inventory counts at all stores once per year, in either the summer or January. Included in the carrying value of merchandise inventories between physical counts is a reserve for estimated shrinkage. That estimate is based on historical physical inventory results. The difference between actual and estimated shrinkage may cause fluctuations in quarterly results but was not significant in 2017 or 2016. Vendor Allowances. 605-50, Revenue Recognition, Customer Payments and Incentives Property and Equipment, Net. 3-10 5-10 internal-use Impairment of Long-Lived Assets. Property, Plant and Equipment Fair Value Measurements. Fair Value Measurements and Disclosures, Level 1: Observable inputs that reflect unadjusted quoted prices for identical assets or liabilities traded in active markets. Level 2: Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. Level 3: Unobservable inputs that reflect assumptions about what market participants would use in pricing assets or liabilities based on the best information available. Assets and liabilities measured at fair value on a recurring basis include cash and cash equivalents. Assets and liabilities measured on a non-recurring As our primary debt obligations are at a variable rate, there are no significant differences between the estimated fair value (Level 2 measurements) and the carrying value of our debt obligations at February 3, 2018, and January 28, 2017. Store Closing Costs. Exit or Disposal Cost Obligations , cease-use Accounts Payable. Insurance Reserves. Hurricanes Harvey and Irma During the third quarter of fiscal 2017, hurricanes Harvey and Irma made landfall in Texas and Florida, respectively. We operate 44 stores in Texas and 46 stores in Florida and approximately half of these locations were closed for multiple days or had reduced hours of operation. We have recognized a loss of approximately $1.6 million attributable to hurricane-related expenses, mainly related to damaged inventory. We have also received $1.5 million in insurance recoveries as of February 3, 2018. Store Pre-Opening pre-opening Pre-opening set-up, pre-opening Comprehensive (Loss) Income. Revenue Recognition. percentage-off e-commerce We offer electronic gift cards and electronic merchandise return cards to our customers. These cards do not have expiration dates. No revenue is recognized at the time gift cards are sold; rather, the issuance is recorded as a liability to customers. At the time merchandise return cards are issued for returned merchandise, the sale is reversed and the issuance is recorded as a liability to customers. These card liabilities are reduced and sales revenue is recognized when cards are redeemed for merchandise. Card liabilities are included in Accrued expenses and other current liabilities in the Consolidated Balance Sheets. During 2017, 2016 and 2015, we recognized $1.6 million, $1.3 million and $1.4 million, respectively, of breakage income on unused gift and merchandise return cards. We follow the Redemption Recognition Method to account for breakage of unused cards where breakage is recognized as cards are redeemed for the purchase of merchandise based upon a historical breakage rate over an estimated redemption period. Breakage income is recorded within SG&A in the Consolidated Statements of Operations. Co-Brand co-branded in-store Operating Leases. Capital Leases In October 2017, Stein Mart entered into a three-year capital lease agreement for networking and telephone equipment. The capital lease agreement carries a bargain purchase option for the equipment. The leased networking equipment has a useful life of three years and the telephone equipment has a useful life of five years; the equipment will be depreciated on a straight-line basis over the respective periods. The leased equipment was recorded at fair value as this amount was less than the present value of the minimum lease payments, which was $2.0 million. The gross value of assets subject to capital leases was $2.0 million as of February 3, 2018, and is included in Property and equipment, net on the Consolidated Balance Sheets. The remaining capital lease obligation of $2.0 million as of February 3, 2018, is split between Accrued expenses and other current liabilities for the short-term portion and Other liabilities for the long-term portion on the Consolidated Balance Sheets. Advertising Expense. Income Taxes. Income Taxes Share-Based Compensation. Stock Compensation ASU 2016-09 Earnings Per Share (“EPS”). Earnings Per Share non-forfeitable two-class non-forfeitable two-class two-class The following table sets forth the calculation of basic and diluted (loss) earnings per common share (in thousands, except per share data): 2017 2016 2015 Basic EPS: Net (loss) income $ (24,324 ) $ 401 $ 23,711 Income allocated to participating securities 2 22 368 Net (loss) income available to common shareholders $ (24,326 ) $ 379 $ 23,343 Basic weighted-average shares outstanding 46,342 45,785 44,754 Basic (loss) earnings per common share: $ (0.52 ) $ 0.01 $ 0.52 Diluted EPS: Net (loss) income $ (24,324 ) $ 401 $ 23,711 Income allocated to participating securities 2 23 414 Net (loss) income available to common shareholders $ (24,326 ) $ 378 $ 23,297 Basic weighted-average shares outstanding 46,342 45,785 44,754 Incremental shares from share-based compensation plans - 812 1,199 Diluted weighted-average shares outstanding 46,342 46,597 45,953 Diluted (loss) earnings per common share: $ (0.52 ) $ 0.01 $ 0.51 Diluted weighted-average shares outstanding exclude approximately 3.8 million, 2.0 million and 0.3 million shares during 2017, 2016 and 2015 that are anti-dilutive for the periods presented. These shares are comprised of a mix of stock options, performance awards and restricted stock awards. Stock options excluded were those that had exercise prices greater than the average market price of the common shares such that inclusion would have been anti-dilutive. Restricted stock awards and performance awards excluded were those that had unrecognized expense per share greater than the number of weighted shares outstanding. For periods of net loss, basic and diluted EPS are the same, as the assumed conversion of stock options and performance awards are anti-dilutive. Consolidated Statements of Operations Classifications. SG&A includes store operating expenses, such as payroll and benefit costs, advertising, store supplies, depreciation not related to consolidation and distribution centers and other direct selling costs and costs associated with our corporate functions. Recent Accounting Pronouncements In March 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standard Updated (“ASU”) No. 2016-09 Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting of ASU 2016-09. This income tax-related cash ASU 2016-09. Accordingly, ASU 2016-09, as In March 2016, the FASB issued ASU No. 2016-04, Liabilities-Extinguishments 405-20): Recognition In February 2016, the FASB issued ASU No. 2016-02, Leases ASU 2016-02 in In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers · Revenue relating to our co-branded · Gift card breakage will be recorded in Net sales on our Consolidated Statement of Operations, rather than being netted in selling, general, and administrative expenses. · Revenue related to our online sales will be recognized at the shipping point rather than upon receipt by the customer. · Estimated costs of returns will be recorded as a current asset rather than netted with our sales return reserve. In addition, we will provide expanded disclosures regarding the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers. We will also provide disclosures of the amount by which each financial statement line item is affected during fiscal 2018 as compared to the prior year presentation. We plan to adopt this ASU in the first quarter of 2018 and do not expect the provisions of this ASU to have a material effect on our Consolidated Financial Statements beyond our initial adoption.

Property and Equipment, Net

Property and Equipment, Net	12 Months Ended
	Feb. 03, 2018
Property, Plant and Equipment [Abstract]
Property and Equipment, Net	2. Property and Equipment, Net The following table sets forth Property and equipment, net: February 3, 2018 January 28, 2017 Fixtures, equipment and software $ 245,718 $ 251,351 Leasehold improvements 137,407 132,495 383,125 383,846 Accumulated depreciation and amortization (231,997 ) (218,304 ) Property and equipment, net $ 151,128 $ 165,542 During 2017, 2016 and 2015, we recorded asset impairment charges in SG&A of $3.8 million, $1.4 million and $2.0 million, respectively, to reduce the carrying value of fixtures, equipment and leasehold improvements held for use and certain other assets in under-performing or closing stores to their respective estimated fair value. Store assets are considered Level 3 assets in the fair value hierarchy as the inputs for calculating the fair value of these assets are based on the best information available, including prices for similar assets.

Accrued Expenses and Other Curr

Accrued Expenses and Other Current Liabilities	12 Months Ended
	Feb. 03, 2018
Payables and Accruals [Abstract]
Accrued Expenses and Other Current Liabilities	3. Accrued Expenses and Other Current Liabilities The following table sets forth the major components of accrued expenses and other current liabilities: February 3, 2018 January 28, Compensation and employee benefits $ 7,732 $ 11,016 Unredeemed gift and merchandise return cards 12,150 11,954 Property taxes 17,451 14,274 Accrued vacation 7,632 7,715 Other 31,093 27,813 Accrued expenses and other current liabilities $ 76,058 $ 72,772

Debt

Debt	12 Months Ended
	Feb. 03, 2018
Debt Disclosure [Abstract]
Debt	4. Debt The following table sets forth our Debt: February 3, 2018 January 28, Revolving credit facility $ 142,387 $ 171,000 Promissory note 13,738 - Equipment term loan - 10,833 Total debt 156,125 181,833 Current maturities (13,738 ) (10,000 ) Debt issuance costs - (41 ) Long-term debt $ 142,387 $ 171,792 Revolving Credit Facility and Equipment Term Loan On February 3, 2015, we entered into a $250.0 million senior secured revolving credit facility pursuant to a second amended and restated credit agreement (the “Credit Agreement”) with Wells Fargo Bank (“Wells Fargo”) that will mature in February 2020 (“Revolving Credit Facility”) and a secured $25.0 million master loan agreement with Wells Fargo Equipment Finance, Inc. (the “Equipment Term Loan”) with an original maturity in February 2018. Borrowings under the Revolving Credit Facility and the Equipment Term Loan were initially used for a special dividend, but are subsequently being used for working capital, capital expenditures and other general corporate purposes. During 2015, debt issuance costs associated with the Revolving Credit Facility and the Equipment Term Loan were capitalized in the amount of $0.4 million and will be amortized over their respective terms. We repaid the Equipment Term Loan in full on January 22, 2018. On February 19, 2018, we entered into Amendment No. 1 (the “Credit Agreement Amendment”) to the Credit Agreement with Wells Fargo. The Credit Agreement Amendment provides for, among other things, an Accommodation Period (as defined in the Credit Agreement Amendment) during which we were not required to meet the Fixed Charge Coverage Ratio (as defined in the Credit Agreement). This change permitted us to borrow the full amount of the then applicable borrowing base until we delivered our financial statements for the Measurement Period (as defined in the Credit Agreement) ended February 28, 2018. Pursuant to the Credit Agreement Amendment, a Cash Dominion Event (as defined in the Credit Agreement Amendment) has occurred as of the effective date of the Credit Agreement Amendment and at all times thereafter. As a result of the Cash Dominion Event, all of our cash receipts are swept daily to repay outstanding borrowings under the Credit Agreement. We manage our cash on a daily basis and borrow against the Credit Agreement based on our daily cash disbursement needs. As long as we remain within the terms of the Credit Agreement, the bank is obligated to allow us to draw up to our borrowing availability. The Credit Agreement matures in February 2020, however, as a result of the Cash Dominion Event the amount outstanding under the Credit Agreement will be classified as a short-term obligation beginning in the first quarter of fiscal 2018. On March 14, 2018, we entered into Amendment No. 2 (the “Second Credit Agreement Amendment”) to the Credit Agreement with Wells Fargo. The Second Credit Agreement Amendment provides for, among other things, the following: (1) the $25.0 million Tranche A-1 The total amount available for borrowings under the Credit Agreement is the lesser of $250.0 million (or $225.0 million on and after the March 14, 2018 effective date of the Second Credit Agreement Amendment) or 100 percent of eligible credit card receivables and the Net Recovery Percentage of inventories less reserves. On February 3, 2018, in addition to outstanding borrowings under the Credit Agreement, we had $7.9 million of outstanding letters of credit. Our unused availability under the Credit Agreement was $56.6 million at February 3, 2018. The Credit Agreement contains customary representations and warranties, affirmative and negative covenants (including the requirement of a 1.0 to 1.0 consolidated Fixed Charge Coverage Ratio upon the occurrence and during the continuance of any Covenant Compliance Event, as defined in the Credit Agreement), and events of default for facilities of this type and are cross-collateralized and cross-defaulted. Collateral for the Revolving Credit Facility and the Equipment Term Loan consists of substantially all of our personal property. Wells Fargo has a first lien on all collateral other than equipment. Wells Fargo Equipment Finance had a first lien on equipment through January 22, 2018, when we repaid the Equipment Term Loan in full. On February 3, 2018, we were in compliance with all debt covenants. Borrowings under the Credit Agreement are either Base Rate Loans or London Interbank Offered Rate (“LIBOR”) loans. LIBOR Loans bear interest equal to the adjusted LIBOR plus the applicable margin (125 to 175 basis points) depending on the quarterly average excess availability. Base Rate Loans bear interest equal to the highest of (a) the Federal Funds Rate plus 0.50 percent, (b) the Adjusted LIBOR plus 1.00 percent, or (c) the Wells Fargo “prime rate,” plus the Applicable Margin (25 to 75 basis points). The weighted average interest rate for the amount outstanding under the Credit Agreement was 2.83 percent as of February 3, 2018. Sun Trust Loan On February 2, 2018, we executed a promissory note (the “Note”) under which we borrowed approximately $13.7 million (the “SunTrust Loan”) from SunTrust Bank (the “Trustee”) in its capacity as the trustee under a trust agreement (the “Trust Agreement”) dated September 1, 1999. The trust established by the Trust Agreement (the “Trust”) holds certain whole life insurance policies related to our executive deferred compensation plans. The Trustee obtained loans from the insurance policies held in the Trust in an amount not less than the amount of the SunTrust Loan. The Sun Trust Loan is a short-term obligation and the proceeds were used to pay down borrowings under the existing Credit Agreement which provided additional availability under that agreement. The SunTrust Loan has a fixed interest rate of 3.58 percent per annum (“Interest Rate”) and an original maturity date of April 1, 2018. On March 7, 2018, we executed an amendment to the Note under which the Trustee extended the maturity date of the note from April 1, 2018, to July 1, 2018 (the “Maturity Date”). The amendment did not alter the short-term nature of the SunTrust Loan. The Note may be prepaid in whole or in part at any time. All unpaid principal and accrued interest on the Note will become due and payable on the Maturity Date. The Trustee may offset payments due under the Note against amounts we are otherwise entitled to withdraw from the Trust under the terms of the Trust Agreement. The Term Loan Agent and Wells Fargo have entered into an Intercreditor Agreement dated as of March 14, 2018 (the “Intercreditor Agreement”), acknowledged by us under the Term Loan and the Credit Agreement. The following table sets forth the aggregate maturities of our debt subsequent to February 3, 2018 for the following fiscal years: 2018 $ 13,738 2019 - 2020 142,387 2021 - 2022 - Thereafter - Total $ 156,125 Financing Transaction Subsequent to February 3, 2018 On March 14, 2018, we entered into a Term Loan Credit Agreement with Gordon Brothers Finance Company, as administrative agent (in such capacity, the “Term Loan Agent”), and Gordon Brothers Finance Company, LLC, as lender (the “Term Loan Agreement”). The Term Loan Agreement provided for a term loan in the amount of $50.0 million (the “Term Loan”) and paid in full the existing $25.0 million Tranche A-1 A-1 A-1 The Term Loan will mature on the earlier of (1) the termination date specified in our Credit Agreement, as such date may be extended with the consent of the Term Loan Agent or in accordance with the Intercreditor Agreement (defined below), and (2) March 14, 2020. This will add an additional $49.3 million to the aggregate maturities of debt in 2020 presented above. The Term Loan Agreement contains customary representations and warranties, affirmative and negative covenants including the retention of the existing minimum 1.0 to 1.0 consolidated fixed charge coverage ratio under the Credit Agreement, which limits borrowing availability if not met during periods where Revolving Excess Availability (as defined in the Term Loan Agreement) is less than the greater of $20.0 million or 10.0 percent of Combined Loan Cap (as defined in the Term Loan Agreement) for four consecutive business days, and events of default for a facility of this type. The Term Loan is secured by a second lien security interest (subordinate only to the liens securing the Credit Agreement) on all assets securing the Credit Agreement (which consist of substantially all of our personal property), except furniture, fixtures and equipment and intellectual property, upon which the Term Loan lenders will have a first lien security interest. If at any time prior to the first anniversary date of the Term Loan, the Revolving Excess Availability is less than $20.0 million, if requested by the Term Loan Agent, the Term Loan will also be secured by a first lien on leasehold interests in real property with an aggregate value of not less than $10.0 million, and the Credit Agreement will be secured by a second lien on such leasehold interests. The Term Loan is subject to certain mandatory prepayments if an Event of Default (as defined in the Term Loan Agreement) exists. If no such Event of Default exists, proceeds of Term Loan priority collateral are to be applied to amounts outstanding under the Credit Agreement. The non-default

Leases

Leases	12 Months Ended
	Feb. 03, 2018
Leases [Abstract]
Leases	5. Leases We lease all of our retail stores, support facilities and certain equipment under operating leases. Our store leases are generally for 10 years with options to extend the lease term for two or more 5-year The following table sets forth rent expense: 2017 2016 2015 Minimum rentals $ 96,782 $ 92,859 $ 86,572 Contingent rentals 325 300 373 Rent expense $ 97,107 $ 93,159 $ 86,945 The following table sets forth the future contractual minimum lease payments under operating leases at February 3, 2018: 2018 $ 99,582 2019 91,943 2020 80,529 2021 70,403 2022 56,161 Thereafter 126,493 Total $ 525,111

Income Taxes

Income Taxes	12 Months Ended
	Feb. 03, 2018
Income Tax Disclosure [Abstract]
Income Taxes	6. Income Taxes Temporary differences, which give rise to deferred tax assets and liabilities, are as follows: February 3, January 28, Deferred income tax assets: Employee benefit expense $ 9,359 $ 13,983 Deferred rents 10,071 15,874 Net operating loss carryforwards 5,097 206 Other 7,026 5,287 31,553 35,350 Valuation allowance (2,384 ) - Gross deferred income tax assets, net of valuation allowance $ 29,169 $ 35,350 Deferred income tax liabilities: Property and equipment $ (26,947 ) $ (36,230 ) Inventory (1,652 ) (744 ) Other (570 ) (1,598 ) Total deferred income tax liabilities (29,169 ) (38,572 ) Net deferred income tax assets (liabilities) $ - $ (3,222 ) On December 22, 2017, the Tax Cuts and Jobs Act of 2017 (the “Tax Act”) was signed into law making significant changes to the Internal Revenue Code. Changes including among other items, a reduction of the corporate tax rate from a top marginal rate of 35% to a flat rate of 21%. Although the Tax Act is generally effective January 1, 2018, GAAP requires recognition of the tax effects of new legislation during the reporting period that includes the enactment date, which was December 22, 2017. The effect of the lower corporate tax rate on our net deferreds was not significant. Further, due to the Tax Act, Net Operating Losses (“NOLs”) for years ending after December 31, 2017 are no longer able to be carried back and are instead only able to be carried forward for an indefinite period. Based on the foregoing, we do not believe that it is more likely than not that the results of future operations will generate sufficient taxable income to realize the deferred tax assets and therefore established a full valuation allowance of $2.4 million against our net Deferred Tax Assets, effective for the current fiscal year. We are required to maintain this valuation allowance against our deferred tax assets until we believe it is more likely than not that these assets will be realized in the future. If sufficient positive evidence arises in the future indicating that all or a portion of the deferred tax assets meet the more-likely-than-not As of February 3, 2018 we have gross NOL carryforwards for Federal income tax purposes of $14.8 million. Additionally, as of February 3, 2018, we have gross NOL carryforwards for State income tax purposes of $25.3 million that will begin to expire in 2023. Deferred tax assets (liabilities) are reflected on the Consolidated Balance Sheets as follows: February 3, January 28, Non-current $ - $ 443 Non-current - (3,665 ) Net deferred tax asset (liability) $ - $ (3,222 ) The components of income tax (benefit) expense are as follows: 2017 2016 2015 Current: Federal $ (7,222 ) $ (2,131 ) $ 18,298 State (1,254 ) (423 ) 1,392 Total Current (8,476 ) (2,554 ) 19,690 Deferred: Federal (3,665 ) 1,870 (4,820 ) State 443 (35 ) (301 ) Total Deferred (3,222 ) 1,835 (5,121 ) Income tax (benefit) expense $ (11,698 ) $ (719 ) $ 14,569 Beginning in 2017, ASU No. 2016-09 paid-in Income tax expense differs from the amount of income tax determined by applying the statutory U.S. corporate tax rate to pre-tax 2017 2016 2015 Federal tax at the statutory rate 33.8 % 35.0 % 35.0 % State income taxes, net of federal benefit 3.5 % 143.7 % 3.7 % Permanent differences and other 1.8 % 47.1 % (0.6 )% Valuation Allowance (6.6 )% - - Effective tax rate 32.5 % 225.8 % 38.1 % The effective tax rate (“ETR”) represents the applicable combined federal and state statutory rates reduced by the federal benefit of state taxes deductible on federal returns, adjusted for the impact of permanent differences. The effect of measurement period adjustments from the enacted Tax Cuts and Jobs act on the effective tax rate was 1.8%. The following is a reconciliation of the change in the amount of unrecognized tax benefits: 2017 2016 2015 Beginning balance $ 242 $ 242 $ 341 Decreases due to Settlements - - (99 ) Ending balance $ 242 $ 242 $ 242 As of February 3, 2018, there were no unrecognized tax benefits (“UTBs”) that, if recognized, would affect the ETR. We recognize interest and penalties related to UTBs in interest expense and penalties. During 2017, 2016, and 2015, the amount of interest and penalties related to UTBs was less than $0.1 million. The total amount of accrued interest and accrued penalties related to UTBs as of February 3, 2018, January 28, 2017, and January 30, 2016, was less than $0.1 million. We are currently open to audit under the statute of limitations by the Internal Revenue Service for the tax years 2014 through 2016. Our state tax returns are open to audit under statutes of limitations for the tax years 2012 through 2016.

Employee Benefit Plans

Employee Benefit Plans	12 Months Ended
	Feb. 03, 2018
Postemployment Benefits [Abstract]
Employee Benefit Plans	7. Employee Benefit Plans We have a defined contribution retirement plan (a 401(k) plan) covering employees who are at least 21 years of age, have completed at least one year of service and who work at least 1,000 hours annually. Under the profit sharing portion of the plan, we can make discretionary contributions which vest at a rate of 20 percent per year after two years of service. During 2017, 2016 and 2015, we matched 50 percent of an employee’s voluntary pre-tax We have an executive deferral plan providing officers, key executives and director-level employees with the opportunity to defer receipt of salary, bonus and other compensation. The plan allows for us to make discretionary contributions. During 2017, 2016, and 2015, we matched contributions up to 10 percent of salary and bonuses. During 2017 and 2016, discretionary contributions were matched at a rate of 50 percent for officers and key executives and a rate of 25 percent for directors. During 2015, discretionary contributions were matched at a rate of 75 percent for officers and key executives and a rate of 37.5 percent for directors. We have suspended our matching contribution beginning in 2018. Matching contributions and related investment earnings for the executive deferral plan vest at 20 percent per year in each of years four through eight, at which time a participant is fully vested. The executive deferral plan liability was $15.3 million and $14.5 million at February 3, 2018, and January 28, 2017, respectively, and is included in Other liabilities on the Consolidated Balance Sheets. The expense for this plan, net of forfeitures, was less than $0.1 million in 2017 and $0.2 million in 2016. In 2015, forfeitures exceeded expense for this plan, resulting in $0.1 million of income. We provide an executive split-dollar life insurance benefit which provides officers, key executives and director-level employees with pre-retirement The post-retirement benefit obligations included in Other liabilities in the Consolidated Balance Sheets were $0.1 million and $1.8 million for 2017 and 2016, respectively. The net periodic postretirement benefit costs for 2017, 2016 and 2015 were less than $0.1 million. The following table sets forth the amounts included in Accumulated other comprehensive (loss) income: February 3, 2018 January 28, 2017 January 30, 2016 Total net actuarial gain $ 66 $ 24 $ 68 In connection with the executive deferral and executive split-dollar life insurance plans, whole life insurance contracts were purchased on the related participants. On February 3, 2018, and January 28, 2017, the cash surrender value of these policies was $15.3 million and $19.8 million, respectively, and is included in Other assets in the Consolidated Balance Sheets. We have a noncontributory executive retiree medical plan wherein eligible retired executives may continue their pre-retirement

Shareholders' Equity

Shareholders' Equity	12 Months Ended
	Feb. 03, 2018
Equity [Abstract]
Shareholders' Equity	8. Shareholders’ Equity Dividends In 2017, we paid a quarterly cash dividend of $0.075 per common share on April 14, 2017. In 2016, we paid a quarterly dividend of $0.075 per common share on April 15, 2016, July 15, 2016, October 14, 2016, and January 13, 2017. In 2015, we paid a special cash dividend of $5.00 per common share on February 27, 2015, and four quarterly dividends of $0.075 per common share on April 17, 2015, July 17, 2015, October 16, 2015, and January 15, 2017. Stock Repurchase Plan During 2017, 2016 and 2015 we repurchased 81,232 shares, 224,344 shares and 262,219 shares, respectively, of our common stock in the open market at a total cost of $0.2 million, $1.7 million and $3.6 million, respectively. Stock repurchases on the open market, under a Board of Directors authorized plan, were for taxes due on the vesting of employee stock awards. As of February 3, 2018, there are 415,298 shares which can be repurchased pursuant to the Board of Directors’ current authorization. Employee Stock Purchase Plan We have an Employee Stock Purchase Plan (the “Stock Purchase Plan”) whereby all employees who complete six months of employment and who work on a full-time basis or are regularly scheduled to work more than 20 hours per week are eligible to participate in the Stock Purchase Plan. Participants in the Stock Purchase Plan may purchase shares of our common stock at 85 percent of the lower of the fair market value of our stock determined at either the beginning or the end of each semi-annual option period. Shares eligible under the Stock Purchase Plan, which is effective for the years 1997 through 2020, are limited to 2.9 million shares in the aggregate, with no more than 200,000 shares being made available in each calendar year, excluding carryover from previous years. In 2017, 2016 and 2015, the participants acquired 228,562 shares, 145,136 shares and 111,806 shares of common stock at weighted-average per share prices of $1.44, $5.13 and $6.87, respectively. The fair value of Stock Purchase Plan shares was estimated using the Black-Scholes-Merton call option value model with the following weighted-average assumptions for 2017: expected volatility of 61.40 percent, expected dividend yield of 5.47 percent, a risk-free interest rate of 0.62 percent, a present-value discount factor of 1.0 percent and an expected term of six months. Share-based compensation expense for the Stock Purchase Plan was $0.3 million, $0.3 million and $0.3 million in 2017, 2016 and 2015, respectively. We had 15,452 shares authorized and available for grant under the Stock Purchase Plan at February 3, 2018. Our Board of Directors adopted a new Employee Stock Purchase Plan in December 2017, subject to the approval of the plan by our shareholders at our June 19, 2018 annual meeting. Omnibus Plans On January 23, 2018, our Board of Directors (the “Board”) adopted the 2018 Omnibus Incentive Plan (the “2018 Plan”). The 2018 Plan provides for the grant of incentive stock options, non-statutory re-issuance. The following table sets forth the number of awards authorized and available for grant under the 2001 Plan and 2018 Plan at February 3, 2018 (shares in thousands): 2001 Plan 2018 Plan Total awards authorized 12,500 4,100 Awards available for grant 133 4,100 Stock Options Under both of the Omnibus Plans, the exercise price of an option cannot be less than the fair value on the grant date. In general, for awards granted prior to 2014, one-third The following table sets forth the summary of stock option information for the year ended February 3, 2018 (shares in thousands): Number of Shares Weighted- Average Exercise Price Weighted-Average Remaining Contractual Term Aggregate Intrinsic Value Outstanding on January 28, 2017 1,892 $ 6.64 Granted 500 3.72 Exercised - 0.00 Cancelled or forfeited (247 ) 7.11 Outstanding on February 3, 2018 2,145 5.90 6.25 years - Exercisable stock options at February 3, 2018 707 $ 5.49 4.11 years $ - The aggregate intrinsic value in the table above represents the excess of our closing stock price on February 2, 2018, the last business day of our 2017 fiscal year, and ($0.65 per share) over the exercise price, multiplied by the applicable number of in-the-money in-the-money As of February 3, 2018, there was $1.5 million of unrecognized compensation cost related to stock options which are expected to be recognized over a weighted-average period of 1.3 years using the mid-point The fair value of each stock option granted during 2017, 2016 and 2015 was estimated at the date of grant using the Black-Scholes-Merton options pricing model with the following weighted-average assumptions: 2017 2016 2015 Expected term 5.0 years 5.6 years 4.9 years Risk-free interest rate 1.9% 1.6% 1.3% Volatility 43.1% 40.3% 38.5% Dividend yield 8.1% 4.0% 3.1% The expected volatility is based on the historical volatility of our stock price over assumed expected terms. The risk-free interest rate is estimated from yields of U.S. Treasury instruments of varying maturities with terms consistent with the expected terms of the options. The expected term of an option is calculated from a lattice model using historical employee exercise data. In February 2015, as a result of paying a special cash dividend, all outstanding stock options were modified to decrease the exercise price and increase the number of options in order to maintain the original grant fair value. No incremental stock compensation expense resulted from the modification. Restricted Stock and Performance Share Awards We have issued restricted stock restricted stock units and performance share awards to eligible participants under the Omnibus Plans. All restricted stock and restricted stock unit awards have restriction periods tied primarily to employment, and all performance share awards have vesting tied to market-based performance and service. Restricted Stock Awards under the Omnibus plans entitle the recipient to all rights of common stock ownership except that the shares may not be sold, transferred, pledged, exchanged or otherwise disposed of during the restriction period. Vesting for most restricted stock and restricted stock unit awards is based on the service period and vesting generally occurs between three and five years following the date of grant. Unvested awards are forfeited upon termination of employment unless the award agreement provides otherwise. The total value of share-based compensation expense for restricted stock is based on the closing price of our common stock on the date of grant. The fair value of the market-based performance share awards was determined using a Monte-Carlo simulation model. Performance share awards provide the right to receive a share award at the end of a specified period in which a performance goal based on total shareholder return has been established. The following table sets forth non-vested Restricted Stock Awards Performance Share Awards Shares Weighted- Average Grant Date Fair Value Shares Weighted- Average Grant Date Fair Value Non-vested 902 $ 8.51 899 $ 10.39 Granted 877 1.77 463 0.80 Vested (121 ) 8.10 - - Cancelled or forfeited (177 ) 6.54 (153 ) 6.75 Non-vested 1,481 $ 4.90 1,209 $ 5.94 Total unrecognized compensation cost $ 2,850 $ 1,584 Weighted-average expected life remaining 1.1 years 0.66 years The total fair value of restricted stock vested was $1.0 million, $3.3 million and $3.0 million during 2017, 2016 and 2015, respectively. No performance awards vested in 2017. The total fair value of performance awards vested was $1.6 million and $4.8 during 2016 and 2015, respectively. In February 2015, as a result of paying a special cash dividend, all outstanding performance share awards were modified to increase the number of shares in order to maintain the original grant fair value. No incremental stock compensation expense resulted from the modification. The restricted stock awards were not modified because they participated in the special cash dividend. Share-Based Compensation Expense The following table sets forth the share-based compensation expense for the years ended February 3, 2018, January 28, 2017 and January 30, 2016: 2017 2016 2015 Cost of merchandise sold $ 1,867 $ 2,551 $ 2,118 Selling, general and administrative expenses 3,824 5,372 4,398 Total share-based compensation expense $ 5,691 $ 7,923 $ 6,516

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Feb. 03, 2018
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	9. Commitments and Contingencies We are involved in various routine legal proceedings incidental to the conduct of our business. While some of these matters could be material to our results of operations or cash flows for any particular period if an unfavorable outcome results, we do not believe that the ultimate resolution of currently pending legal proceedings, either individually or in the aggregate will have a material adverse effect on our overall financial condition. During the years ended February 3, 2018 and January 28, 2017, we incurred expense of $0.1 million and $2.0 million, respectively, for legal settlements.

Quarterly Results of Operations

Quarterly Results of Operations (Unaudited)	12 Months Ended
	Feb. 03, 2018
Quarterly Financial Information Disclosure [Abstract]
Quarterly Results of Operations (Unaudited)	10. Quarterly Results of Operations (Unaudited) Year Ended February 3, 2018 13 Weeks Ended April 29, 2017 13 Weeks Ended July 29, 2017 13 Weeks Ended October 28, 2017 14 Weeks Ended February 3, 2018 Net sales $ 337,335 $ 311,036 $ 285,395 $ 384,867 Gross profit 95,556 64,668 68,269 102,448 Net income (loss) 3,700 (12,993 ) (14,616 ) (415 ) Basic net income (loss) per share $ 0.08 $ (0.28 ) $ (0.31 ) $ (0.01 ) Diluted net income (loss) per share $ 0.08 $ (0.28 ) $ (0.31 ) $ (0.01 ) Weighted-average shares outstanding: Basic 46,165 46,264 46,447 46,482 Diluted 46,171 46,264 46,447 46,482 Year Ended January 28, 2017 13 Weeks Ended April 30, 2016 13 Weeks Ended July 30, 2016 13 Weeks Ended October 29, 2016 13 Weeks Ended January 28, 2017 Net sales $ 355,712 $ 319,761 $ 299,527 $ 385,518 Gross profit 108,892 89,439 72,711 87,937 Net income (loss) 13,311 3,007 (11,010 ) (4,907 ) Basic net income (loss) per share $ 0.29 $ 0.07 $ (0.24 ) $ (0.11 ) Diluted net income (loss) per share $ 0.29 $ 0.06 $ (0.24 ) $ (0.11 ) Weighted-average shares outstanding: Basic 45,595 45,719 45,845 45,981 Diluted 46,275 46,555 45,845 45,981 The sum of the quarterly Net income (loss) per share amounts may not equal the annual amount because income (loss) per share is calculated independently for each quarter.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Feb. 03, 2018
Related Party Transactions [Abstract]
Related Party Transactions	11. Related Party Transactions One of our directors is the majority shareholder of the law firm that serves as our general counsel. Legal fees paid to this firm were $0.2 million in 2017, 2016 and 2015. In addition, the director also participated in our 2017, 2016 and 2015 Incentive Plans related to his role as general counsel.

Summary of Significant Accoun20

Summary of Significant Accounting Policies and Other Information (Policies)	12 Months Ended
	Feb. 03, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Consolidation	Consolidation.
Fiscal Year End	Fiscal Year End.
Use of Estimates	Use of Estimates.
Cash and Cash Equivalents	Cash and Cash Equivalents.
Retail Inventory Method and Inventory Valuation	Retail Inventory Method and Inventory Valuation. cost-to-retail We perform physical inventory counts at all stores once per year, in either the summer or January. Included in the carrying value of merchandise inventories between physical counts is a reserve for estimated shrinkage. That estimate is based on historical physical inventory results. The difference between actual and estimated shrinkage may cause fluctuations in quarterly results but was not significant in 2017 or 2016.
Vendor Allowances	Vendor Allowances. 605-50, Revenue Recognition, Customer Payments and Incentives
Property and Equipment, Net	Property and Equipment, Net. 3-10 5-10 internal-use
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets. Property, Plant and Equipment
Fair Value Measurements	Fair Value Measurements. Fair Value Measurements and Disclosures, Level 1: Observable inputs that reflect unadjusted quoted prices for identical assets or liabilities traded in active markets. Level 2: Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. Level 3: Unobservable inputs that reflect assumptions about what market participants would use in pricing assets or liabilities based on the best information available. Assets and liabilities measured at fair value on a recurring basis include cash and cash equivalents. Assets and liabilities measured on a non-recurring As our primary debt obligations are at a variable rate, there are no significant differences between the estimated fair value (Level 2 measurements) and the carrying value of our debt obligations at February 3, 2018, and January 28, 2017.
Store Closing Costs	Store Closing Costs. Exit or Disposal Cost Obligations , cease-use
Accounts Payable	Accounts Payable.
Insurance Reserves	Insurance Reserves.
Hurricanes Harvey and Irma	Hurricanes Harvey and Irma During the third quarter of fiscal 2017, hurricanes Harvey and Irma made landfall in Texas and Florida, respectively. We operate 44 stores in Texas and 46 stores in Florida and approximately half of these locations were closed for multiple days or had reduced hours of operation. We have recognized a loss of approximately $1.6 million attributable to hurricane-related expenses, mainly related to damaged inventory. We have also received $1.5 million in insurance recoveries as of February 3, 2018.
Store Pre-Opening Costs	Store Pre-Opening pre-opening Pre-opening set-up, pre-opening
Comprehensive (Loss) Income	Comprehensive (Loss) Income.
Revenue Recognition	Revenue Recognition. percentage-off e-commerce We offer electronic gift cards and electronic merchandise return cards to our customers. These cards do not have expiration dates. No revenue is recognized at the time gift cards are sold; rather, the issuance is recorded as a liability to customers. At the time merchandise return cards are issued for returned merchandise, the sale is reversed and the issuance is recorded as a liability to customers. These card liabilities are reduced and sales revenue is recognized when cards are redeemed for merchandise. Card liabilities are included in Accrued expenses and other current liabilities in the Consolidated Balance Sheets. During 2017, 2016 and 2015, we recognized $1.6 million, $1.3 million and $1.4 million, respectively, of breakage income on unused gift and merchandise return cards. We follow the Redemption Recognition Method to account for breakage of unused cards where breakage is recognized as cards are redeemed for the purchase of merchandise based upon a historical breakage rate over an estimated redemption period. Breakage income is recorded within SG&A in the Consolidated Statements of Operations.
Co-Brand and Private Label Credit Card Programs	Co-Brand co-branded in-store
Operating and Capital Leases	Operating Leases. Capital Leases In October 2017, Stein Mart entered into a three-year capital lease agreement for networking and telephone equipment. The capital lease agreement carries a bargain purchase option for the equipment. The leased networking equipment has a useful life of three years and the telephone equipment has a useful life of five years; the equipment will be depreciated on a straight-line basis over the respective periods. The leased equipment was recorded at fair value as this amount was less than the present value of the minimum lease payments, which was $2.0 million. The gross value of assets subject to capital leases was $2.0 million as of February 3, 2018, and is included in Property and equipment, net on the Consolidated Balance Sheets. The remaining capital lease obligation of $2.0 million as of February 3, 2018, is split between Accrued expenses and other current liabilities for the short-term portion and Other liabilities for the long-term portion on the Consolidated Balance Sheets.
Advertising Expense	Advertising Expense.
Income Taxes	Income Taxes. Income Taxes
Share-Based Compensation	Share-Based Compensation. Stock Compensation ASU 2016-09
Earnings Per Share ("EPS")	Earnings Per Share (“EPS”). Earnings Per Share non-forfeitable two-class non-forfeitable two-class two-class The following table sets forth the calculation of basic and diluted (loss) earnings per common share (in thousands, except per share data): 2017 2016 2015 Basic EPS: Net (loss) income $ (24,324) $ 401 $ 23,711 Income allocated to participating securities 2 22 368 Net (loss) income available to common shareholders $ (24,326) $ 379 $ 23,343 Basic weighted-average shares outstanding 46,342 45,785 44,754 Basic (loss) earnings per common share: $ (0.52) $ 0.01 $ 0.52 Diluted EPS: Net (loss) income $ (24,324) $ 401 $ 23,711 Income allocated to participating securities 2 23 414 Net (loss) income available to common shareholders $ (24,326) $ 378 $ 23,297 Basic weighted-average shares outstanding 46,342 45,785 44,754 Incremental shares from share-based compensation plans - 812 1,199 Diluted weighted-average shares outstanding 46,342 46,597 45,953 Diluted (loss) earnings per common share: $ (0.52) $ 0.01 $ 0.51 Diluted weighted-average shares outstanding exclude approximately 3.8 million, 2.0 million and 0.3 million shares during 2017, 2016 and 2015 that are anti-dilutive for the periods presented. These shares are comprised of a mix of stock options, performance awards and restricted stock awards. Stock options excluded were those that had exercise prices greater than the average market price of the common shares such that inclusion would have been anti-dilutive. Restricted stock awards and performance awards excluded were those that had unrecognized expense per share greater than the number of weighted shares outstanding. For periods of net loss, basic and diluted EPS are the same, as the assumed conversion of stock options and performance awards are anti-dilutive.
Consolidated Statements of Operations Classifications	Consolidated Statements of Operations Classifications. SG&A includes store operating expenses, such as payroll and benefit costs, advertising, store supplies, depreciation not related to consolidation and distribution centers and other direct selling costs and costs associated with our corporate functions.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In March 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standard Updated (“ASU”) No. 2016-09 Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting of ASU 2016-09. This income tax-related cash ASU 2016-09. Accordingly, ASU 2016-09, as In March 2016, the FASB issued ASU No. 2016-04, Liabilities-Extinguishments 405-20): Recognition In February 2016, the FASB issued ASU No. 2016-02, Leases ASU 2016-02 in In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers · Revenue relating to our co-branded · Gift card breakage will be recorded in Net sales on our Consolidated Statement of Operations, rather than being netted in selling, general, and administrative expenses. · Revenue related to our online sales will be recognized at the shipping point rather than upon receipt by the customer. · Estimated costs of returns will be recorded as a current asset rather than netted with our sales return reserve. In addition, we will provide expanded disclosures regarding the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers. We will also provide disclosures of the amount by which each financial statement line item is affected during fiscal 2018 as compared to the prior year presentation. We plan to adopt this ASU in the first quarter of 2018 and do not expect the provisions of this ASU to have a material effect on our Consolidated Financial Statements beyond our initial adoption.

Summary of Significant Accoun21

Summary of Significant Accounting Policies and Other Information (Tables)	12 Months Ended
	Feb. 03, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Calculation of Basic and Diluted (Loss) Earning Per Common Share	The following table sets forth the calculation of basic and diluted (loss) earnings per common share (in thousands, except per share data): 2017 2016 2015 Basic EPS: Net (loss) income $ (24,324 ) $ 401 $ 23,711 Income allocated to participating securities 2 22 368 Net (loss) income available to common shareholders $ (24,326 ) $ 379 $ 23,343 Basic weighted-average shares outstanding 46,342 45,785 44,754 Basic (loss) earnings per common share: $ (0.52 ) $ 0.01 $ 0.52 Diluted EPS: Net (loss) income $ (24,324 ) $ 401 $ 23,711 Income allocated to participating securities 2 23 414 Net (loss) income available to common shareholders $ (24,326 ) $ 378 $ 23,297 Basic weighted-average shares outstanding 46,342 45,785 44,754 Incremental shares from share-based compensation plans - 812 1,199 Diluted weighted-average shares outstanding 46,342 46,597 45,953 Diluted (loss) earnings per common share: $ (0.52 ) $ 0.01 $ 0.51

Property and Equipment, Net (Ta

Property and Equipment, Net (Tables)	12 Months Ended
	Feb. 03, 2018
Property, Plant and Equipment [Abstract]
Property and Equipment, Net	The following table sets forth Property and equipment, net: February 3, 2018 January 28, 2017 Fixtures, equipment and software $ 245,718 $ 251,351 Leasehold improvements 137,407 132,495 383,125 383,846 Accumulated depreciation and amortization (231,997 ) (218,304 ) Property and equipment, net $ 151,128 $ 165,542

Accrued Expenses and Other Cu23

Accrued Expenses and Other Current Liabilities (Tables)	12 Months Ended
	Feb. 03, 2018
Payables and Accruals [Abstract]
Major Components of Accrued Expenses and Other Current Liabilities	The following table sets forth the major components of accrued expenses and other current liabilities: February 3, 2018 January 28, Compensation and employee benefits $ 7,732 $ 11,016 Unredeemed gift and merchandise return cards 12,150 11,954 Property taxes 17,451 14,274 Accrued vacation 7,632 7,715 Other 31,093 27,813 Accrued expenses and other current liabilities $ 76,058 $ 72,772

Debt (Tables)

Debt (Tables)	12 Months Ended
	Feb. 03, 2018
Debt Disclosure [Abstract]
Summary of Debt	The following table sets forth our Debt: February 3, 2018 January 28, Revolving credit facility $ 142,387 $ 171,000 Promissory note 13,738 - Equipment term loan - 10,833 Total debt 156,125 181,833 Current maturities (13,738 ) (10,000 ) Debt issuance costs - (41 ) Long-term debt $ 142,387 $ 171,792
Aggregate Maturities of Debt	The following table sets forth the aggregate maturities of our debt subsequent to February 3, 2018 for the following fiscal years: 2018 $ 13,738 2019 - 2020 142,387 2021 - 2022 - Thereafter - Total $ 156,125

Leases (Tables)

Leases (Tables)	12 Months Ended
	Feb. 03, 2018
Leases [Abstract]
Rent Expense	The following table sets forth rent expense: 2017 2016 2015 Minimum rentals $ 96,782 $ 92,859 $ 86,572 Contingent rentals 325 300 373 Rent expense $ 97,107 $ 93,159 $ 86,945
Future Contractual Minimum Lease Payments Under Operating Leases	The following table sets forth the future contractual minimum lease payments under operating leases at February 3, 2018: 2018 $ 99,582 2019 91,943 2020 80,529 2021 70,403 2022 56,161 Thereafter 126,493 Total $ 525,111

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Feb. 03, 2018
Income Tax Disclosure [Abstract]
Deferred Tax Assets and Liabilities	Temporary differences, which give rise to deferred tax assets and liabilities, are as follows: February 3, January 28, Deferred income tax assets: Employee benefit expense $ 9,359 $ 13,983 Deferred rents 10,071 15,874 Net operating loss carryforwards 5,097 206 Other 7,026 5,287 31,553 35,350 Valuation allowance (2,384 ) - Gross deferred income tax assets, net of valuation allowance $ 29,169 $ 35,350 Deferred income tax liabilities: Property and equipment $ (26,947 ) $ (36,230 ) Inventory (1,652 ) (744 ) Other (570 ) (1,598 ) Total deferred income tax liabilities (29,169 ) (38,572 ) Net deferred income tax assets (liabilities) $ - $ (3,222 )
Deferred Tax Assets (Liabilities) Reflection on Consolidated Balance Sheets	Deferred tax assets (liabilities) are reflected on the Consolidated Balance Sheets as follows: February 3, January 28, Non-current $ - $ 443 Non-current - (3,665 ) Net deferred tax asset (liability) $ - $ (3,222 )
Components of Income Tax (Benefit) Expense	The components of income tax (benefit) expense are as follows: 2017 2016 2015 Current: Federal $ (7,222 ) $ (2,131 ) $ 18,298 State (1,254 ) (423 ) 1,392 Total Current (8,476 ) (2,554 ) 19,690 Deferred: Federal (3,665 ) 1,870 (4,820 ) State 443 (35 ) (301 ) Total Deferred (3,222 ) 1,835 (5,121 ) Income tax (benefit) expense $ (11,698 ) $ (719 ) $ 14,569
Determination of Income Tax by Applying Statutory U.S. Corporate Tax Rate to Pre-Tax Amounts	Income tax expense differs from the amount of income tax determined by applying the statutory U.S. corporate tax rate to pre-tax 2017 2016 2015 Federal tax at the statutory rate 33.8 % 35.0 % 35.0 % State income taxes, net of federal benefit 3.5 % 143.7 % 3.7 % Permanent differences and other 1.8 % 47.1 % (0.6 )% Valuation Allowance (6.6 )% - - Effective tax rate 32.5 % 225.8 % 38.1 %
Reconciliation of Change in Amount of Unrecognized Tax Benefits	The following is a reconciliation of the change in the amount of unrecognized tax benefits: 2017 2016 2015 Beginning balance $ 242 $ 242 $ 341 Decreases due to Settlements - - (99 ) Ending balance $ 242 $ 242 $ 242

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	12 Months Ended
	Feb. 03, 2018
Postemployment Benefits [Abstract]
Summary of Amounts Included in Accumulated Other Comprehensive Income (Loss)	The following table sets forth the amounts included in Accumulated other comprehensive (loss) income: February 3, 2018 January 28, 2017 January 30, 2016 Total net actuarial gain $ 66 $ 24 $ 68

Shareholders' Equity (Tables)

Shareholders' Equity (Tables)	12 Months Ended
	Feb. 03, 2018
Equity [Abstract]
Number of Awards Authorized and Available for Grant Under 2001 and 2018 Plan	The following table sets forth the number of awards authorized and available for grant under the 2001 Plan and 2018 Plan at February 3, 2018 (shares in thousands): 2001 Plan 2018 Plan Total awards authorized 12,500 4,100 Awards available for grant 133 4,100
Summary of Stock Option Information	The following table sets forth the summary of stock option information for the year ended February 3, 2018 (shares in thousands): Number of Shares Weighted- Average Exercise Price Weighted-Average Remaining Contractual Term Aggregate Intrinsic Value Outstanding on January 28, 2017 1,892 $ 6.64 Granted 500 3.72 Exercised - 0.00 Cancelled or forfeited (247 ) 7.11 Outstanding on February 3, 2018 2,145 5.90 6.25 years - Exercisable stock options at February 3, 2018 707 $ 5.49 4.11 years $ -
Summary of Fair Value of Stock Option with Weighted Average Assumption	The fair value of each stock option granted during 2017, 2016 and 2015 was estimated at the date of grant using the Black-Scholes-Merton options pricing model with the following weighted-average assumptions: 2017 2016 2015 Expected term 5.0 years 5.6 years 4.9 years Risk-free interest rate 1.9% 1.6% 1.3% Volatility 43.1% 40.3% 38.5% Dividend yield 8.1% 4.0% 3.1%
Summary of Non-Vested Stock Activity	The following table sets forth non-vested Restricted Stock Awards Performance Share Awards Shares Weighted- Average Grant Date Fair Value Shares Weighted- Average Grant Date Fair Value Non-vested 902 $ 8.51 899 $ 10.39 Granted 877 1.77 463 0.80 Vested (121 ) 8.10 - - Cancelled or forfeited (177 ) 6.54 (153 ) 6.75 Non-vested 1,481 $ 4.90 1,209 $ 5.94 Total unrecognized compensation cost $ 2,850 $ 1,584 Weighted-average expected life remaining 1.1 years 0.66 years
Pre-Tax Share-Based Compensation Expense	The following table sets forth the share-based compensation expense for the years ended February 3, 2018, January 28, 2017 and January 30, 2016: 2017 2016 2015 Cost of merchandise sold $ 1,867 $ 2,551 $ 2,118 Selling, general and administrative expenses 3,824 5,372 4,398 Total share-based compensation expense $ 5,691 $ 7,923 $ 6,516

Quarterly Results of Operatio29

Quarterly Results of Operations (Unaudited) (Tables)	12 Months Ended
	Feb. 03, 2018
Quarterly Financial Information Disclosure [Abstract]
Quarterly Results of Operations	Year Ended February 3, 2018 13 Weeks Ended April 29, 2017 13 Weeks Ended July 29, 2017 13 Weeks Ended October 28, 2017 14 Weeks Ended February 3, 2018 Net sales $ 337,335 $ 311,036 $ 285,395 $ 384,867 Gross profit 95,556 64,668 68,269 102,448 Net income (loss) 3,700 (12,993 ) (14,616 ) (415 ) Basic net income (loss) per share $ 0.08 $ (0.28 ) $ (0.31 ) $ (0.01 ) Diluted net income (loss) per share $ 0.08 $ (0.28 ) $ (0.31 ) $ (0.01 ) Weighted-average shares outstanding: Basic 46,165 46,264 46,447 46,482 Diluted 46,171 46,264 46,447 46,482 Year Ended January 28, 2017 13 Weeks Ended April 30, 2016 13 Weeks Ended July 30, 2016 13 Weeks Ended October 29, 2016 13 Weeks Ended January 28, 2017 Net sales $ 355,712 $ 319,761 $ 299,527 $ 385,518 Gross profit 108,892 89,439 72,711 87,937 Net income (loss) 13,311 3,007 (11,010 ) (4,907 ) Basic net income (loss) per share $ 0.29 $ 0.07 $ (0.24 ) $ (0.11 ) Diluted net income (loss) per share $ 0.29 $ 0.06 $ (0.24 ) $ (0.11 ) Weighted-average shares outstanding: Basic 45,595 45,719 45,845 45,981 Diluted 46,275 46,555 45,845 45,981

Summary of Significant Accoun30

Summary of Significant Accounting Policies and Other Information - Additional Information (Detail) shares in Millions	1 Months Ended	3 Months Ended			9 Months Ended	12 Months Ended
	Oct. 28, 2017USD ($)Store	Oct. 28, 2017USD ($)Store	Apr. 29, 2017USD ($)	Apr. 30, 2016USD ($)	Oct. 28, 2017USD ($)Store	Feb. 03, 2018USD ($)StoreStatesshares	Jan. 28, 2017USD ($)Storeshares	Jan. 30, 2016USD ($)Storeshares
Summary Of Significant Accounting Policies [Line Items]
Number of retail stores | Store						293
Number of states in which retail stores are operated | States						31
Credit card transactions maximum settlement terms						5 days
Credit and debit card receivables						$ 7,300,000	$ 8,000,000
Number of closed stores | Store						6	1	2
Net pre tax charges for store closing charges						$ 700,000	$ 600,000
Accounts payable includes book cash overdrafts						0	14,100,000
Loss due to natural calamity		$ 1,600,000
Insurance recoveries						1,500,000
Breakage unused gift and merchandise revenue recognized						1,600,000	1,300,000	$ 1,400,000
Recognized income from co-brand and private label credit card programs						12,200,000	12,600,000	5,600,000
Contingent rent expense						325,000	300,000	373,000
Capital lease agreement term	3 years
Present value of the minimum capital lease payments	$ 2,000,000	$ 2,000,000			$ 2,000,000
Gross value of assets subject to capital leases						2,000,000
Advertising expense						$ 64,100,000	$ 59,600,000	$ 57,500,000
Antidilutive securities excluded | shares						3.8	2	0.3
Income tax expense						$ (11,698,000)	$ (719,000)	$ 14,569,000
Accounting Standards Update 2016-09 [Member]
Summary Of Significant Accounting Policies [Line Items]
Income tax expense			$ 1,100,000
Shortfall for share-based payments				$ (100,000)
Texas [Member]
Summary Of Significant Accounting Policies [Line Items]
Number of retail stores | Store	44	44			44
Florida [Member]
Summary Of Significant Accounting Policies [Line Items]
Number of retail stores | Store	46	46			46
Networking Equipment [Member]
Summary Of Significant Accounting Policies [Line Items]
Useful life of leased agreement					Three years
Telephone Equipment [Member]
Summary Of Significant Accounting Policies [Line Items]
Useful life of leased agreement					Five years
Minimum [Member] | Fixtures [Member]
Summary Of Significant Accounting Policies [Line Items]
Estimated useful lives						3 years
Minimum [Member] | Equipment [Member]
Summary Of Significant Accounting Policies [Line Items]
Estimated useful lives						3 years
Minimum [Member] | Software [Member]
Summary Of Significant Accounting Policies [Line Items]
Estimated useful lives						3 years
Minimum [Member] | Leasehold Improvements [Member]
Summary Of Significant Accounting Policies [Line Items]
Estimated useful lives						5 years
Maximum [Member] | Fixtures [Member]
Summary Of Significant Accounting Policies [Line Items]
Estimated useful lives						10 years
Maximum [Member] | Equipment [Member]
Summary Of Significant Accounting Policies [Line Items]
Estimated useful lives						10 years
Maximum [Member] | Software [Member]
Summary Of Significant Accounting Policies [Line Items]
Estimated useful lives						10 years
Maximum [Member] | Leasehold Improvements [Member]
Summary Of Significant Accounting Policies [Line Items]
Estimated useful lives						10 years

Summary of Significant Accoun31

Summary of Significant Accounting Policies and Other Information - Calculation of Basic and Diluted (Loss) Earning Per Common Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Feb. 03, 2018	Oct. 28, 2017	Jul. 29, 2017	Apr. 29, 2017	Jan. 28, 2017	Oct. 29, 2016	Jul. 30, 2016	Apr. 30, 2016	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Basic EPS:
Net (loss) income	$ (415)	$ (14,616)	$ (12,993)	$ 3,700	$ (4,907)	$ (11,010)	$ 3,007	$ 13,311	$ (24,324)	$ 401	$ 23,711
Income allocated to participating securities									2	22	368
Net (loss) income available to common shareholders									$ (24,326)	$ 379	$ 23,343
Basic weighted-average shares outstanding	46,482	46,447	46,264	46,165	45,981	45,845	45,719	45,595	46,342	45,785	44,754
Basic (loss) earnings per common share:	$ (0.01)	$ (0.31)	$ (0.28)	$ 0.08	$ (0.11)	$ (0.24)	$ 0.07	$ 0.29	$ (0.52)	$ 0.01	$ 0.52
Diluted EPS:
Net (loss) income	$ (415)	$ (14,616)	$ (12,993)	$ 3,700	$ (4,907)	$ (11,010)	$ 3,007	$ 13,311	$ (24,324)	$ 401	$ 23,711
Income allocated to participating securities									2	23	414
Net (loss) income available to common shareholders									$ (24,326)	$ 378	$ 23,297
Basic weighted-average shares outstanding	46,482	46,447	46,264	46,165	45,981	45,845	45,719	45,595	46,342	45,785	44,754
Incremental shares from share-based compensation plans										812	1,199
Diluted weighted-average shares outstanding	46,482	46,447	46,264	46,171	45,981	45,845	46,555	46,275	46,342	46,597	45,953
Diluted (loss) earnings per common share:	$ (0.01)	$ (0.31)	$ (0.28)	$ 0.08	$ (0.11)	$ (0.24)	$ 0.06	$ 0.29	$ (0.52)	$ 0.01	$ 0.51

Property and Equipment, Net - P

Property and Equipment, Net - Property and Equipment, Net (Detail) - USD ($) $ in Thousands	Feb. 03, 2018	Jan. 28, 2017
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 383,125	$ 383,846
Accumulated depreciation and amortization	(231,997)	(218,304)
Property and equipment, net	151,128	165,542
Fixtures, Equipment and Software [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	245,718	251,351
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 137,407	$ 132,495

Property and Equipment, Net - A

Property and Equipment, Net - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Property, Plant and Equipment [Abstract]
Net pre-tax asset impairment charges	$ 3,792	$ 1,433	$ 2,008

Accrued Expenses and Other Cu34

Accrued Expenses and Other Current Liabilities - Major Components of Accrued Expenses and Other Current Liabilities (Detail) - USD ($) $ in Thousands	Feb. 03, 2018	Jan. 28, 2017
Accrued Liabilities and Other Liabilities [Abstract]
Compensation and employee benefits	$ 7,732	$ 11,016
Unredeemed gift and merchandise return cards	12,150	11,954
Property taxes	17,451	14,274
Accrued vacation	7,632	7,715
Other	31,093	27,813
Accrued expenses and other current liabilities	$ 76,058	$ 72,772

Debt - Summary of Debt (Detail)

Debt - Summary of Debt (Detail) - USD ($) $ in Thousands	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Debt Disclosure [Abstract]
Revolving credit facility	$ 142,387	$ 171,000
Promissory note	13,738	10,000
Equipment term loan		10,833
Total	156,125	181,833
Total	156,125	181,833
Current maturities	(13,738)	(10,000)
Debt issuance costs		(41)	$ (400)
Long-term debt	$ 142,387	$ 171,792

Debt - Additional Information (

Debt - Additional Information (Detail)	Feb. 03, 2015USD ($)	Feb. 03, 2018USD ($)	Mar. 14, 2018USD ($)	Jan. 28, 2017USD ($)	Jan. 30, 2016USD ($)
Debt Instrument [Line Items]
Debt issuance costs				$ 41,000	$ 400,000
Borrowing capacity covenant, percentage of credit card receivables and net recovery of inventories		100.00%
Letters of credit, outstanding		$ 7,900,000
Remaining borrowing capacity under line of credit facility		$ 56,600,000
Fixed charges coverage ratio		1
Revolving loan commitment		$ 142,387,000		$ 171,000,000
Debt matures in 2020		$ 142,387,000
Equipment Term Loan [Member]
Debt Instrument [Line Items]
Credit facility maximum borrowing capacity	$ 25,000,000
Credit facility agreement expiration date	Feb. 28, 2018
Credit Agreement [Member]
Debt Instrument [Line Items]
Debt instrument interest rate		0.50%
Terms of credit agreement		Base Rate Loans bear interest equal to the highest of (a) the Federal Funds Rate plus 0.50 percent, (b) the Adjusted LIBOR plus 1.00 percent, or (c) the Wells Fargo “prime rate,” plus the Applicable Margin (25 to 75 basis points).
Weighted average interest rate on debt amounts outstanding		2.83%
Term Loan [Member]
Debt Instrument [Line Items]
Fixed charges coverage ratio		1
Terms of credit agreement		The non-default interest rate applicable to the Term Loan under the Term Loan Agreement is a fluctuating rate of interest equal to three-month LIBOR (with a floor of 1.5 percent) plus 8.5 percent per annum.
Covenant description		The Term Loan Agreement contains customary representations and warranties, affirmative and negative covenants including the retention of the existing minimum 1.0 to 1.0 consolidated fixed charge coverage ratio under the Credit Agreement, which only limits borrowing availability if not met during periods where Revolving Excess Availability (as defined in the Term Loan Agreement) is less than the greater of $20.0 million or 10.0 percent of Combined Loan Cap (as defined in the Term Loan Agreement) for four consecutive business days, and events of default for a facility of this type.
Percent of combined loan cap		10.00%
Term Loan [Member] | Maximum [Member]
Debt Instrument [Line Items]
Remaining borrowing capacity under line of credit facility		$ 20,000,000
Term Loan [Member] | Minimum [Member]
Debt Instrument [Line Items]
Value of leasehold interests in real property		10,000,000
Tranche A-1 Revolving Loan Commitment [Member]
Debt Instrument [Line Items]
Revolving loan commitment		$ 25,000,000
Wells Fargo Bank [Member] | Credit Agreement [Member]
Debt Instrument [Line Items]
Credit facility maximum borrowing capacity	$ 250,000,000		$ 225,000,000
Credit facility agreement expiration date	Feb. 28, 2020
Wells Fargo Bank [Member] | Tranche A-1 Revolving Loans [Member]
Debt Instrument [Line Items]
Credit facility maximum borrowing capacity			$ 25,000,000
Sun Trust Bank [Member]
Debt Instrument [Line Items]
Credit facility agreement expiration date		Apr. 1, 2018
Fixed interest rate		3.58%
Sun Trust Bank [Member] | Promissory Note [Member]
Debt Instrument [Line Items]
Borrowings		$ 13,700,000
Gordon Brothers Finance Company, LLC [Member]
Debt Instrument [Line Items]
Debt issuance costs		700,000
Gordon Brothers Finance Company, LLC [Member] | Term Loan [Member]
Debt Instrument [Line Items]
Credit facility maximum borrowing capacity		50,000,000
Proceeds from term loan		49,300,000
Increase in excess availability under the Credit Agreement		25,000,000
Debt matures in 2020		$ 49,300,000
London Interbank Offered Rate (LIBOR) [Member] | Credit Agreement [Member]
Debt Instrument [Line Items]
Debt instrument interest rate		1.00%
London Interbank Offered Rate (LIBOR) [Member] | Term Loan [Member]
Debt Instrument [Line Items]
Debt instrument interest rate		8.50%
Floor rate		1.50%

Debt - Aggregate Maturities of

Debt - Aggregate Maturities of Debt (Detail) - USD ($) $ in Thousands	Feb. 03, 2018	Jan. 28, 2017
Debt Disclosure [Abstract]
2,018	$ 13,738
2,019	0
2,020	142,387
2,021	0
2,022	0
Thereafter	0
Total	$ 156,125	$ 181,833

Leases - Additional Information

Leases - Additional Information (Detail)	12 Months Ended
	Feb. 03, 2018
Operating Leased Assets [Line Items]
Lease term	10 years
Maximum [Member]
Operating Leased Assets [Line Items]
Length of lease extension	5 years

Leases - Rent Expense (Detail)

Leases - Rent Expense (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Leases [Abstract]
Minimum rentals	$ 96,782	$ 92,859	$ 86,572
Contingent rentals	325	300	373
Rent expense	$ 97,107	$ 93,159	$ 86,945

Leases - Future Contractual Min

Leases - Future Contractual Minimum Lease Payments Under Operating Leases (Detail) $ in Thousands	Feb. 03, 2018USD ($)
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]
2,018	$ 99,582
2,019	91,943
2,020	80,529
2,021	70,403
2,022	56,161
Thereafter	126,493
Total	$ 525,111

Income Taxes - Deferred Tax Ass

Income Taxes - Deferred Tax Assets and Liabilities (Detail) - USD ($) $ in Thousands	Feb. 03, 2018	Jan. 28, 2017
Deferred income tax assets:
Employee benefit expense	$ 9,359	$ 13,983
Deferred rents	10,071	15,874
Net operating loss carryforwards	5,097	206
Other	7,026	5,287
Total deferred income tax assets	31,553	35,350
Valuation allowance	(2,384)
Gross deferred income tax assets, net of valuation allowance	29,169	35,350
Deferred income tax liabilities:
Property and equipment	(26,947)	(36,230)
Inventory	(1,652)	(744)
Other	(570)	(1,598)
Total deferred income tax liabilities	$ (29,169)	(38,572)
Net deferred income tax assets (liabilities)		$ (3,222)

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($)	1 Months Ended	11 Months Ended	12 Months Ended
	Feb. 03, 2018	Dec. 31, 2017	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Income Tax Examination [Line Items]
Federal tax at statutory rate	21.00%	35.00%	33.80%	35.00%	35.00%
Valuation allowance	$ 2,384,000		$ 2,384,000
Realized excess tax benefits (shortfall) related to share-based compensation plans				$ (874,000)	$ 3,646,000
Effect of enacted Tax Cuts and jobs act on effective tax rate			1.80%
Unrecognized tax benefit	0		$ 0
Maximum [Member]
Income Tax Examination [Line Items]
Interest and penalties related to unrecognized tax benefits			100,000	100,000	100,000
Accrued interest and accrued penalties related to unrecognized tax benefits	100,000		100,000	$ 100,000	$ 100,000
State and Local Jurisdiction [Member]
Income Tax Examination [Line Items]
Gross operating loss carry forward	25,300,000		$ 25,300,000
Operating loss carry forward, expiration year			2,023
Domestic Tax Authority [Member]
Income Tax Examination [Line Items]
Gross operating loss carry forward	$ 14,800,000		$ 14,800,000

Income Taxes - Deferred Tax A43

Income Taxes - Deferred Tax Assets (Liabilities) Reflection on Consolidated Balance Sheets (Detail) $ in Thousands	Jan. 28, 2017USD ($)
Schedule Of Components Of Deferred Tax Assets And Liabilities On Balance Sheet Classification Basis [Line Items]
Net deferred income tax assets (liabilities)	$ (3,222)
Other Current Assets [Member]
Schedule Of Components Of Deferred Tax Assets And Liabilities On Balance Sheet Classification Basis [Line Items]
Non-current deferred tax assets (included in other assets)	443
Other Liabilities [Member]
Schedule Of Components Of Deferred Tax Assets And Liabilities On Balance Sheet Classification Basis [Line Items]
Non-current deferred tax liabilities (included in other liabilities)	$ (3,665)

Income Taxes - Components of In

Income Taxes - Components of Income Tax (Benefit) Expense (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Current:
Federal	$ (7,222)	$ (2,131)	$ 18,298
State	(1,254)	(423)	1,392
Total Current	(8,476)	(2,554)	19,690
Deferred:
Federal	(3,665)	1,870	(4,820)
State	443	(35)	(301)
Total Deferred	(3,222)	1,835	(5,121)
Income tax (benefit) expense	$ (11,698)	$ (719)	$ 14,569

Income Taxes - Determination of

Income Taxes - Determination of Income Tax by Applying Statutory U.S. Corporate Tax Rate to Pre-Tax Amounts (Detail)	1 Months Ended	11 Months Ended	12 Months Ended
	Feb. 03, 2018	Dec. 31, 2017	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Income Tax Disclosure [Abstract]
Federal tax at the statutory rate	21.00%	35.00%	33.80%	35.00%	35.00%
State income taxes, net of federal benefit			3.50%	143.70%	3.70%
Permanent differences and other			1.80%	47.10%	(0.60%)
Valuation Allowance			(6.60%)
Effective tax rate			32.50%	225.80%	38.10%

Income Taxes - Reconciliation o

Income Taxes - Reconciliation of Change in Amount of Unrecognized Tax Benefits (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Income Tax Disclosure [Abstract]
Beginning balance	$ 242	$ 242	$ 341
Decreases due to:
Settlements	0	0	(99)
Ending balance	$ 242	$ 242	$ 242

Employee Benefit Plans - Additi

Employee Benefit Plans - Additional Information (Detail) - USD ($)	12 Months Ended
	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Deferred Compensation Arrangement with Individual, Postretirement Benefits [Line Items]
Minimum age of employees for contribution retirement plan	21 years
Minimum service period criteria to be eligible for plan	1 year
Minimum service period in hour criteria to be eligible for plan	1000 hours
Employer discretionary contribution percentage under plan	20.00%
Period of employees service after which Employer Discretionary Contribution payable	2 years
Employee's voluntary pre-tax contributions	50.00%	50.00%	50.00%
Employee's compensation for voluntary pre-tax contributions	4.00%	4.00%	4.00%
Company contributions to the retirement plan, net of forfeitures	$ 1,700,000	$ 1,800,000	$ 1,800,000
Employers contribution towards plan	10.00%	10.00%	10.00%
Percent vested per year until fully vested in matching contributions	20.00%	20.00%	20.00%
Contributions and related investment earnings vest, description	Matching contributions and related investment earnings for the executive deferral plan vest at 20 percent per year in each of years four through eight, at which time a participant is fully vested.
Deferred compensation plan liability	$ 15,300,000	$ 14,500,000
Deferred compensation program income (expense), net of forfeitures	$ (100,000)	$ (200,000)	$ (100,000)
Curtailment and settlement benefit obligation discount rate	3.45%	4.00%
Post-retirement benefit obligations	$ 100,000	$ 1,800,000
Cash surrender value	$ 15,300,000	19,800,000
Age for availing pre-retirement medical, dental and vision benefits	65 years
Defined Benefit Postretirement Health Coverage [Member]
Deferred Compensation Arrangement with Individual, Postretirement Benefits [Line Items]
Deferred compensation plan liability	$ 900,000	900,000
Minimum [Member]
Deferred Compensation Arrangement with Individual, Postretirement Benefits [Line Items]
Contributions and related investment earnings vest	4 years
Pre-retirement life insurance protection based multiplier	3
Maximum [Member]
Deferred Compensation Arrangement with Individual, Postretirement Benefits [Line Items]
Contributions and related investment earnings vest	8 years
Pre-retirement life insurance protection based multiplier	5
Net periodic post-retirement benefit cost	$ 100,000	100,000	100,000
Maximum [Member] | Defined Benefit Postretirement Health Coverage [Member]
Deferred Compensation Arrangement with Individual, Postretirement Benefits [Line Items]
Net periodic post-retirement benefit cost	100,000	100,000	$ 100,000
Change in post-retirement (income) loss obligations	$ 100,000	$ 100,000
Officers and Key Executives [Member]
Deferred Compensation Arrangement with Individual, Postretirement Benefits [Line Items]
Employers contribution towards plan	50.00%	50.00%	75.00%
Director [Member]
Deferred Compensation Arrangement with Individual, Postretirement Benefits [Line Items]
Employers contribution towards plan	25.00%	25.00%	37.50%

Employee Benefit Plans - Summar

Employee Benefit Plans - Summary of Amounts Included in Accumulated Other Comprehensive Income (Loss) (Detail) - USD ($) $ in Thousands	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Compensation and Retirement Disclosure [Abstract]
Total net actuarial gain	$ 66	$ 24	$ 68

Shareholders' Equity - Addition

Shareholders' Equity - Additional Information (Detail) - USD ($)	Apr. 14, 2017	Jan. 15, 2017	Jan. 13, 2017	Oct. 14, 2016	Jul. 15, 2016	Apr. 15, 2016	Oct. 16, 2015	Jul. 17, 2015	Apr. 17, 2015	Feb. 27, 2015	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Schedule of Shareholders' Equity [Line Items]
Dividends declared and cash paid per share	$ 0.075	$ 0.075	$ 0.075	$ 0.075	$ 0.075	$ 0.075	$ 0.075	$ 0.075	$ 0.075	$ 5	$ 0.075	$ 0.30	$ 5.30
Repurchase of shares											81,232	224,344	262,219
Repurchase shares value											$ 200,000	$ 1,700,000	$ 3,600,000
Expected volatility											43.10%	40.30%	38.50%
Dividend yield											8.10%	4.00%	3.10%
Risk-free interest rate											1.90%	1.60%	1.30%
Expected option term											5 years	5 years 7 months 6 days	4 years 10 months 25 days
Share-based compensation expense											$ 5,691,000	$ 7,923,000	$ 6,516,000
Weighted-average grant-date fair value of options granted											$ 0.82	$ 2.36	$ 2.50
Income tax benefit											$ 11,698,000	$ 719,000	$ (14,569,000)
Number of options, exercised											0
2001 Plan [Member]
Schedule of Shareholders' Equity [Line Items]
Number of shares authorized under plan											12,500,000
2018 Plan [Member]
Schedule of Shareholders' Equity [Line Items]
Number of shares authorized under plan											4,100,000
Stock Options [Member]
Schedule of Shareholders' Equity [Line Items]
Stock option exercisable terms and conditions											One-third of the awards vest on each of the third, fourth and fifth-anniversary dates of grant. Awards under the 2001 Plan granted subsequent to 2013 generally vest monthly in equal amounts over a five-year period. The awards expire seven to ten years after the date of grant.
Closing stock price per share											$ 0.65
Money option outstanding											$ 0
Aggregate intrinsic value of outstanding and exercisable stock options											0
Unrecognized compensation cost											$ 1,500,000
Shares, Weighted-average expected life remaining											1 year 3 months 19 days
Total intrinsic value of stock options exercised												600,000	900,000
Income tax benefit												200,000	200,000
Number of options, exercised											0
Incremental share based compensation											$ 0
Stock Options [Member] | 2001 Plan [Member]
Schedule of Shareholders' Equity [Line Items]
Award vesting period											5 years
Stock Options [Member] | Minimum [Member] | 2001 Plan [Member]
Schedule of Shareholders' Equity [Line Items]
Expiration period of options											7 years
Stock Options [Member] | Minimum [Member] | 2018 Plan [Member]
Schedule of Shareholders' Equity [Line Items]
Award vesting period											1 year
Stock Options [Member] | Maximum [Member] | 2001 Plan [Member]
Schedule of Shareholders' Equity [Line Items]
Expiration period of options											10 years
Restricted Stock Awards [Member]
Schedule of Shareholders' Equity [Line Items]
Total fair value, vested											$ 1,000,000	3,300,000	3,000,000
Restricted Stock Awards [Member] | Maximum [Member]
Schedule of Shareholders' Equity [Line Items]
Shares, Weighted-average expected life remaining											1 year 1 month 6 days
Performance Share Awards [Member]
Schedule of Shareholders' Equity [Line Items]
Total fair value, vested											$ 0	$ 1,600,000	$ 4,800,000
Performance Share Awards [Member] | Minimum [Member]
Schedule of Shareholders' Equity [Line Items]
Shares, Weighted-average expected life remaining											7 months 28 days
Restricted Stock and Performance Share Awards [Member] | Minimum [Member]
Schedule of Shareholders' Equity [Line Items]
Award vesting period											3 years
Restricted Stock and Performance Share Awards [Member] | Maximum [Member]
Schedule of Shareholders' Equity [Line Items]
Award vesting period											5 years
Employee Stock Purchase Plan [Member]
Schedule of Shareholders' Equity [Line Items]
Completion period for ESOP participation eligibility											6 months
Regular scheduled period for ESOP participation eligibility											20 hours
Discount for participants under stock purchase plan											85.00%
Number of shares authorized under plan											2,900,000
Number of shares available each year											200,000
Shares acquired by participants											228,562	145,136	111,806
Weighted average price per share											$ 1.44	$ 5.13	$ 6.87
Expected volatility											61.40%
Dividend yield											5.47%
Risk-free interest rate											0.62%
Present value discount factor											1.00%
Expected option term											6 months
Share-based compensation expense											$ 300,000	$ 300,000	$ 300,000
Shares authorized under the Stock Purchase Plan											15,452
Board of Directors [Member]
Schedule of Shareholders' Equity [Line Items]
Repurchase of shares, remaining											415,298

Shareholders' Equity - Number o

Shareholders' Equity - Number of Awards Authorized and Available for Grant Under 2001 and 2018 Plan (Detail)	Feb. 03, 2018shares
2001 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total awards authorized	12,500,000
Awards available for grant	133,000
2018 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total awards authorized	4,100,000
Awards available for grant	4,100,000

Shareholders' Equity - Summary

Shareholders' Equity - Summary of Stock Option Information (Detail) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Feb. 03, 2018USD ($)$ / sharesshares
Equity [Abstract]
Number of Shares, Outstanding at January 28, 2017 | shares	1,892
Number of Shares, Granted | shares	500
Number of Shares, Exercised | shares	0
Number of Shares, Cancelled or forfeited | shares	(247)
Number of Shares, Outstanding at February 3, 2018 | shares	2,145
Number of Shares, Exercisable stock options at February 3, 2018 | shares	707
Weighted-Average Exercise Price, Outstanding at January 28, 2017 | $ / shares	$ 6.64
Weighted-Average Exercise Price, Granted | $ / shares	3.72
Weighted-Average Exercise Price, Exercised | $ / shares	0
Weighted-Average Exercise Price, Cancelled or forfeited | $ / shares	7.11
Weighted-Average Exercise Price, Outstanding at February 3, 2018 | $ / shares	5.90
Weighted-Average Exercise Price, Exercisable stock options at February 3, 2018 | $ / shares	$ 5.49
Weighted-Average Remaining Contractual Term, Outstanding at February 3, 2018	6 years 2 months 30 days
Weighted-Average Remaining Contractual Term, Exercisable stock options at February 3, 2018	4 years 1 month 9 days
Aggregate Intrinsic Value, Outstanding at February 3, 2018 | $	$ 0
Aggregate Intrinsic Value, Exercisable stock options at February 3, 2018 | $	$ 0

Shareholders' Equity - Summar52

Shareholders' Equity - Summary of Fair Value of Stock Option with Weighted Average Assumption (Detail)	12 Months Ended
	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Equity [Abstract]
Expected term	5 years	5 years 7 months 6 days	4 years 10 months 25 days
Risk-free interest rate	1.90%	1.60%	1.30%
Volatility	43.10%	40.30%	38.50%
Dividend yield	8.10%	4.00%	3.10%

Shareholders' Equity - Summar53

Shareholders' Equity - Summary of Non-Vested Stock Activity (Detail) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Feb. 03, 2018USD ($)$ / sharesshares
Restricted Stock Awards [Member]
Schedule of Shareholders' Equity [Line Items]
Shares, Non-vested, Beginning Balance | shares	902
Shares, Granted | shares	877
Shares, Vested | shares	(121)
Shares, Cancelled or forfeited | shares	(177)
Shares, Non-vested, Ending Balance | shares	1,481
Shares, Total unrecognized compensation cost | $	$ 2,850
Weighted-Average Grant Date Fair Value, Non-vested Beginning Balance | $ / shares	$ 8.51
Weighted-Average Grant Date Fair Value, Granted | $ / shares	1.77
Weighted-Average Grant Date Fair Value, Vested | $ / shares	8.10
Weighted-Average Grant Date Fair Value, Cancelled or forfeited | $ / shares	6.54
Weighted Average Grant Date Fair Value, Non-vested Ending Balance | $ / shares	$ 4.90
Restricted Stock Awards [Member] | Maximum [Member]
Schedule of Shareholders' Equity [Line Items]
Shares, Weighted-average expected life remaining	1 year 1 month 6 days
Performance Share Awards [Member]
Schedule of Shareholders' Equity [Line Items]
Shares, Non-vested, Beginning Balance | shares	899
Shares, Granted | shares	463
Shares, Cancelled or forfeited | shares	(153)
Shares, Non-vested, Ending Balance | shares	1,209
Shares, Total unrecognized compensation cost | $	$ 1,584
Weighted-Average Grant Date Fair Value, Non-vested Beginning Balance | $ / shares	$ 10.39
Weighted-Average Grant Date Fair Value, Granted | $ / shares	0.80
Weighted-Average Grant Date Fair Value, Cancelled or forfeited | $ / shares	6.75
Weighted Average Grant Date Fair Value, Non-vested Ending Balance | $ / shares	$ 5.94
Performance Share Awards [Member] | Minimum [Member]
Schedule of Shareholders' Equity [Line Items]
Shares, Weighted-average expected life remaining	7 months 28 days

Shareholders' Equity - Pre-Tax

Shareholders' Equity - Pre-Tax Share-Based Compensation Expense (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total share-based compensation expense	$ 5,691	$ 7,923	$ 6,516
Cost of Merchandise Sold [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total share-based compensation expense	1,867	2,551	2,118
Selling, General and Administrative Expenses [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total share-based compensation expense	$ 3,824	$ 5,372	$ 4,398

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Feb. 03, 2018	Jan. 28, 2017
Commitments and Contingencies Disclosure [Abstract]
Legal settlements expense	$ 0.1	$ 2

Quarterly Results of Operatio56

Quarterly Results of Operations (Unaudited) - Quarterly Results of Operations (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Feb. 03, 2018	Oct. 28, 2017	Jul. 29, 2017	Apr. 29, 2017	Jan. 28, 2017	Oct. 29, 2016	Jul. 30, 2016	Apr. 30, 2016	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Quarterly Financial Information Disclosure [Abstract]
Net sales	$ 384,867	$ 285,395	$ 311,036	$ 337,335	$ 385,518	$ 299,527	$ 319,761	$ 355,712	$ 1,318,633	$ 1,360,518	$ 1,359,901
Gross profit	102,448	68,269	64,668	95,556	87,937	72,711	89,439	108,892	330,941	358,979	385,287
Net income (loss)	$ (415)	$ (14,616)	$ (12,993)	$ 3,700	$ (4,907)	$ (11,010)	$ 3,007	$ 13,311	$ (24,324)	$ 401	$ 23,711
Basic net income (loss) per share	$ (0.01)	$ (0.31)	$ (0.28)	$ 0.08	$ (0.11)	$ (0.24)	$ 0.07	$ 0.29	$ (0.52)	$ 0.01	$ 0.52
Diluted net income (loss) per share	$ (0.01)	$ (0.31)	$ (0.28)	$ 0.08	$ (0.11)	$ (0.24)	$ 0.06	$ 0.29	$ (0.52)	$ 0.01	$ 0.51
Weighted-average shares outstanding:
Basic	46,482	46,447	46,264	46,165	45,981	45,845	45,719	45,595	46,342	45,785	44,754
Diluted	46,482	46,447	46,264	46,171	45,981	45,845	46,555	46,275	46,342	46,597	45,953

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Legal Services [Member] | Director [Member]
Schedule of Other Related Party Transactions [Line Items]
Expenses, services from related party	$ 0.2	$ 0.2	$ 0.2