The Buckle, Inc. (BKE) 10-Q 8 Dec 16 2016 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Oct. 29, 2016	Dec. 02, 2016
Document Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Oct. 29, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q3
Trading Symbol	BKE
Entity Registrant Name	BUCKLE INC
Entity Central Index Key	885,245
Current Fiscal Year End Date	--01-28
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		48,622,780

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Oct. 29, 2016	Jan. 30, 2016
CURRENT ASSETS:
Cash and cash equivalents	$ 163,006	$ 161,185
Short-term investments	49,987	36,465
Receivables	13,427	9,651
Inventory	148,193	149,566
Prepaid expenses and other assets	7,320	6,030
Total current assets	381,933	362,897
PROPERTY AND EQUIPMENT	464,507	450,762
Less accumulated depreciation and amortization	(289,547)	(277,981)
PROPERTY AND EQUIPMENT, Net	174,960	172,781
LONG-TERM INVESTMENTS	19,828	33,826
OTHER ASSETS	4,850	3,269
Total assets	581,571	572,773
CURRENT LIABILITIES:
Accounts payable	36,314	33,862
Accrued employee compensation	15,651	33,126
Accrued store operating expenses	16,440	6,639
Gift certificates redeemable	16,088	22,858
Income taxes payable	2,751	11,141
Total current liabilities	87,244	107,626
DEFERRED COMPENSATION	12,571	12,849
DEFERRED RENT LIABILITY	38,602	39,655
Total liabilities	138,417	160,130
COMMITMENTS
STOCKHOLDERS’ EQUITY:
Common stock, authorized 100,000,000 shares of $.01 par value; 48,622,780 and 48,428,110 shares issued and outstanding at October 29, 2016 and January 30, 2016, respectively	486	484
Additional paid-in capital	139,670	134,864
Retained earnings	303,176	277,626
Accumulated other comprehensive loss	(178)	(331)
Total stockholders’ equity	443,154	412,643
Total liabilities and stockholders' equity	$ 581,571	$ 572,773

CONDENSED CONSOLIDATED BALANCE3

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - $ / shares	Oct. 29, 2016	Jan. 30, 2016
Common stock, authorized (shares)	100,000,000	100,000,000
Common stock, par value (dollars per share)	$ 0.01	$ 0.01
Common stock, shares issued (shares)	48,622,780	48,428,110
Common stock, shares outstanding (shares)	48,622,780	48,428,110

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 29, 2016	Oct. 31, 2015	Oct. 29, 2016	Oct. 31, 2015
SALES, Net of returns and allowances	$ 239,213	$ 280,187	$ 694,913	$ 787,585
COST OF SALES (Including buying, distribution, and occupancy costs)	142,339	162,923	423,428	462,129
Gross profit	96,874	117,264	271,485	325,456
OPERATING EXPENSES:
Selling	50,820	52,268	144,448	147,780
General and administrative	9,234	8,701	29,705	31,399
Total selling, general and administrative expenses	60,054	60,969	174,153	179,179
INCOME FROM OPERATIONS	36,820	56,295	97,332	146,277
OTHER INCOME, Net	497	951	1,500	1,959
INCOME BEFORE INCOME TAXES	37,317	57,246	98,832	148,236
PROVISION FOR INCOME TAXES	13,920	21,353	36,866	55,292
NET INCOME	$ 23,397	$ 35,893	$ 61,966	$ 92,944
EARNINGS PER SHARE:
Basic (dollars per share)	$ 0.49	$ 0.75	$ 1.29	$ 1.93
Diluted (dollars per share)	$ 0.48	$ 0.74	$ 1.28	$ 1.93
Basic weighted average shares	48,107	48,073	48,107	48,074
Diluted weighted average shares	48,259	48,219	48,230	48,203

CONDENSED CONSOLIDATED STATEME5

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 29, 2016	Oct. 31, 2015	Oct. 29, 2016	Oct. 31, 2015
NET INCOME	$ 23,397	$ 35,893	$ 61,966	$ 92,944
OTHER COMPREHENSIVE INCOME, NET OF TAX:
Change in unrealized loss on investments, net of tax of $0, $0, $72, and $3, respectively	0	0	125	4
Reclassification adjustment for losses included in net income, net of tax of $0, $0, $17, and $0, respectively	0	0	28	0
Other comprehensive income	0	0	153	4
COMPREHENSIVE INCOME	$ 23,397	$ 35,893	$ 62,119	$ 92,948

CONDENSED CONSOLIDATED STATEME6

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 29, 2016	Oct. 31, 2015	Oct. 29, 2016	Oct. 31, 2015
Change in unrealized loss on investments, tax	$ 0	$ 0	$ 72	$ 3
Reclassification adjustment for losses included in net income, tax	$ 0	$ 0	$ 17	$ 0

CONDENSED CONSOLIDATED STATEME7

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Unaudited) - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Loss
BALANCE (shares) at Jan. 31, 2015		48,379,613
BALANCE at Jan. 31, 2015	$ 355,278	$ 484	$ 131,112	$ 224,111	$ (429)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
NET INCOME	92,944			92,944
Dividends paid on common stock	(33,397)			(33,397)
Issuance of non-vested stock, net of forfeitures (shares)		152,360
Issuance of non-vested stock, net of forfeitures		$ 1	(1)
Amortization of non-vested stock grants, net of forfeitures	4,460		4,460
Common stock purchased and retired (shares)		(20,097)
Common stock purchased and retired	(685)		(685)
Change in unrealized loss on investments, net of tax	4				4
Reclassification adjustment for losses included in net income, net of tax	0
BALANCE (shares) at Oct. 31, 2015		48,511,876
BALANCE at Oct. 31, 2015	418,604	$ 485	134,886	283,658	(425)
BALANCE (shares) at Jan. 30, 2016		48,428,110
BALANCE at Jan. 30, 2016	412,643	$ 484	134,864	277,626	(331)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
NET INCOME	61,966			61,966
Dividends paid on common stock	(36,416)			(36,416)
Issuance of non-vested stock, net of forfeitures (shares)		194,670
Issuance of non-vested stock, net of forfeitures		$ 2	(2)
Amortization of non-vested stock grants, net of forfeitures	4,808		4,808
Change in unrealized loss on investments, net of tax	125				125
Reclassification adjustment for losses included in net income, net of tax	28				28
BALANCE (shares) at Oct. 29, 2016		48,622,780
BALANCE at Oct. 29, 2016	$ 443,154	$ 486	$ 139,670	$ 303,176	$ (178)

CONDENSED CONSOLIDATED STATEME8

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Unaudited) (Parenthetical) - $ / shares	9 Months Ended
	Oct. 29, 2016	Oct. 31, 2015
Dividends paid on common stock, per share	$ 0.75	$ 0.69

CONDENSED CONSOLIDATED STATEME9

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Oct. 29, 2016	Oct. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:
NET INCOME	$ 61,966	$ 92,944
Adjustments to reconcile net income to net cash flows from operating activities:
Depreciation and amortization	24,070	23,614
Amortization of non-vested stock grants, net of forfeitures	4,808	4,460
Deferred income taxes	(1,779)	(1,650)
Other	1,326	496
Changes in operating assets and liabilities:
Receivables	2,190	2,036
Inventory	1,373	(45,931)
Prepaid expenses and other assets	(1,290)	(1,530)
Accounts payable	1,615	17,929
Accrued employee compensation	(17,475)	(15,538)
Accrued store operating expenses	9,801	1,426
Gift certificates redeemable	(6,770)	(7,254)
Income taxes payable	(14,356)	(15,565)
Deferred rent liabilities and deferred compensation	(1,331)	(1,846)
Net cash flows from operating activities	64,148	53,591
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property and equipment	(26,738)	(30,925)
Change in other assets	109	129
Purchases of investments	(32,432)	(27,906)
Proceeds from sales/maturities of investments	33,150	26,915
Net cash flows from investing activities	(25,911)	(31,787)
CASH FLOWS FROM FINANCING ACTIVITIES:
Purchases of common stock	0	(685)
Payment of dividends	(36,416)	(33,397)
Net cash flows from financing activities	(36,416)	(34,082)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	1,821	(12,278)
CASH AND CASH EQUIVALENTS, Beginning of period	161,185	133,708
CASH AND CASH EQUIVALENTS, End of period	$ 163,006	$ 121,430

Management Representation

Management Representation	9 Months Ended
	Oct. 29, 2016
Accounting Policies [Abstract]
Management Representation	Management Representation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information. Accordingly, they do not include all of the information and footnotes required by accounting principles generally accepted in the United States of America for complete financial statements. In the opinion of management, all adjustments necessary for the fair presentation of the results of operations for the interim periods have been included. All such adjustments are of a normal recurring nature. Because of the seasonal nature of the business, results for interim periods are not necessarily indicative of a full year's operations. The accounting policies followed by the Company and additional footnotes are reflected in the consolidated financial statements for the fiscal year ended January 30, 2016 , included in The Buckle, Inc.'s 2015 Form 10-K. The condensed consolidated balance sheet as of January 30, 2016 is derived from audited financial statements. The Company follows generally accepted accounting principles (“GAAP”) established by the Financial Accounting Standards Board (“FASB”). References to GAAP in these notes are to the FASB Accounting Standards Codification (“ASC”).

Description of the Business

Description of the Business	9 Months Ended
	Oct. 29, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of the Business	Description of the Business The Company is a retailer of medium to better priced casual apparel, footwear, and accessories for fashion conscious young men and women. The Company operates its business as one reportable segment. The Company had 470 stores located in 44 states throughout the United States as of October 29, 2016 and 468 stores in 44 states as of October 31, 2015 . During the thirty-nine week period ended October 29, 2016 , the Company opened 4 new stores, substantially remodeled 17 stores, and closed 2 stores; which includes 1 new store, 5 substantial remodels, and 1 closed store during the third quarter. During the thirty-nine week period ended October 31, 2015 , the Company opened 8 new stores and substantially remodeled 13 stores; which includes 4 new stores and 2 substantial remodels during the third quarter. The following is information regarding the Company’s major product lines, stated as a percentage of the Company’s net sales: Thirteen Weeks Ended Thirty-Nine Weeks Ended Merchandise Group October 29, October 31, October 29, October 31, Denims 44.9 % 45.3 % 40.9 % 41.0 % Tops (including sweaters) 31.8 31.4 30.7 31.1 Accessories 8.4 8.6 8.9 8.7 Sportswear/Fashions 2.1 1.9 8.8 8.7 Footwear 6.1 6.4 6.1 6.1 Casual bottoms 2.3 1.7 1.8 1.5 Outerwear 2.5 2.7 1.3 1.4 Other 1.9 2.0 1.5 1.5 100.0 % 100.0 % 100.0 % 100.0 %

Earnings Per Share

Earnings Per Share	9 Months Ended
	Oct. 29, 2016
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share Basic earnings per share data are based on the weighted average outstanding common shares during the period. Diluted earnings per share data are based on the weighted average outstanding common shares and the effect of all dilutive potential common shares. Thirteen Weeks Ended Thirteen Weeks Ended October 29, 2016 October 31, 2015 Income Weighted Per Share Income Weighted Per Share Basic EPS $ 23,397 48,107 $ 0.49 $ 35,893 48,073 $ 0.75 Effect of Dilutive Securities: Non-vested shares — 152 (0.01 ) — 146 (0.01 ) Diluted EPS $ 23,397 48,259 $ 0.48 $ 35,893 48,219 $ 0.74 Thirty-Nine Weeks Ended Thirty-Nine Weeks Ended October 29, 2016 October 31, 2015 Income Weighted Per Share Income Weighted Per Share Basic EPS $ 61,966 48,107 $ 1.29 $ 92,944 48,074 $ 1.93 Effect of Dilutive Securities: Non-vested shares — 123 (0.01 ) — 129 — Diluted EPS $ 61,966 48,230 $ 1.28 $ 92,944 48,203 $ 1.93

Investments

Investments	9 Months Ended
	Oct. 29, 2016
Schedule of Investments [Abstract]
Investments	Investments The following is a summary of investments as of October 29, 2016 : Amortized Cost or Par Value Gross Unrealized Gains Gross Unrealized Losses Other-than- Temporary Impairment Estimated Fair Value Available-for-Sale Securities: Auction-rate securities $ 3,450 $ — $ (283 ) $ — $ 3,167 Held-to-Maturity Securities: State and municipal bonds $ 54,077 $ 47 $ (19 ) $ — $ 54,105 Trading Securities: Mutual funds $ 12,428 $ 143 $ — $ — $ 12,571 The following is a summary of investments as of January 30, 2016 : Amortized Cost or Par Value Gross Unrealized Gains Gross Unrealized Losses Other-than- Temporary Impairment Estimated Fair Value Available-for-Sale Securities: Auction-rate securities $ 7,975 $ — $ (525 ) $ — $ 7,450 Held-to-Maturity Securities: State and municipal bonds $ 49,992 $ 163 $ (32 ) $ — $ 50,123 Trading Securities: Mutual funds $ 13,442 $ — $ (593 ) $ — $ 12,849 The auction-rate securities were invested as follows as of October 29, 2016 : Nature Underlying Collateral Par Value Municipal revenue bonds 100% insured by AAA/AA/A-rated bond insurers $ 3,400 Municipal bond funds Fixed income instruments within issuers' money market funds 50 Total par value $ 3,450 As of October 29, 2016 , the Company’s auction-rate securities portfolio was 100% AA/Aa-rated. The amortized cost and fair value of debt securities by contractual maturity as of October 29, 2016 is as follows: Amortized Cost Fair Value Held-to-Maturity Securities Less than 1 year $ 49,987 $ 50,016 1 - 5 years 4,090 4,089 $ 54,077 $ 54,105 As of October 29, 2016 and January 30, 2016 , $3,167 and $7,450 of available-for-sale securities and $4,090 and $13,527 of held-to-maturity securities are classified in long-term investments. Trading securities are held in a Rabbi Trust, intended to fund the Company’s deferred compensation plan, and are classified in long-term investments. The Company’s investments in auction-rate securities (“ARS”) are classified as available-for-sale and reported at fair market value. As of October 29, 2016 , the reported investment amount is net of $283 of temporary impairment to account for the impairment of certain securities from their stated par value. The $283 temporary impairment is reported, net of tax, as an “accumulated other comprehensive loss” of $178 in stockholders’ equity as of October 29, 2016 . For the investments considered temporarily impaired, all of which have been in loss positions for over a year, the Company believes that these ARS can be successfully redeemed or liquidated in the future at par value plus accrued interest. The Company believes it has the ability and maintains its intent to hold these investments until such recovery of market value occurs; therefore, the Company believes the current lack of liquidity has created the temporary impairment in valuation. As of October 29, 2016 , the Company had $3,450 invested in ARS, at par value, which was reported at its estimated fair value of $3,167 . As of January 30, 2016 , the Company had $7,975 invested in ARS, at par value, which was reported at its estimated fair value of $7,450 . ARS have a long-term stated maturity, but are reset through a “dutch auction” process that occurs every 7 to 49 days, depending on the terms of the individual security. Until February 2008, the ARS market was highly liquid. During February 2008, however, a significant number of auctions related to these securities failed, meaning that there was not enough demand to sell the entire issue at auction. The failed auctions have limited the current liquidity of certain of the Company’s investments in ARS. The Company does not, however, anticipate that further auction failures will have a material impact on the Company’s ability to fund its business. During the first three quarters of fiscal 2016 , the Company was able to successfully liquidate ARS with a par value of $4,525 . The Company reviews all investments for other-than-temporary impairment ("OTTI") at least quarterly or as indicators of impairment exist. Indicators of impairment include the duration and severity of decline in market value. In addition, the Company considers qualitative factors including, but not limited to, the financial condition of the investee, the credit rating of the investee, and the current and expected market and industry conditions in which the investee operates. As of both October 29, 2016 and January 30, 2016 , all of the Company’s investments in ARS were classified in long-term investments.

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Oct. 29, 2016
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Financial assets and liabilities measured and reported at fair value are classified and disclosed in one of the following categories: • Level 1 – Quoted market prices in active markets for identical assets or liabilities. Short-term and long-term investments with active markets or known redemption values are reported at fair value utilizing Level 1 inputs. • Level 2 – Observable market-based inputs (either directly or indirectly) such as quoted prices for similar assets or liabilities, quoted prices in markets that are not active, or other inputs that are observable or inputs that are corroborated by market data. • Level 3 – Unobservable inputs that are not corroborated by market data and are projections, estimates, or interpretations that are supported by little or no market activity and are significant to the fair value of the assets. The Company has concluded that certain of its ARS represent Level 3 valuation. A discounted cash flow analysis was used to value these investments. The assumptions used in preparing the discounted cash flow model include estimates for interest rates, timing and amount of cash flows, and expected holding periods of the ARS. As of October 29, 2016 , the unobservable inputs used by the Company and its independent third-party valuation consultant in valuing its Level 3 investments in ARS included: ◦ Durations until redemption ranging from 7.2 to 8.5 years, with a weighted average of 7.8 years. ◦ Discount rates ranging from 3.67% to 3.67% , with a weighted average of 3.67% . As of October 29, 2016 and January 30, 2016 , the Company held certain assets that are required to be measured at fair value on a recurring basis including available-for-sale and trading securities. The Company’s available-for-sale securities include its investments in ARS, as further described in Note 4. The failed auctions, beginning in February 2008, related to certain of the Company’s investments in ARS have limited the availability of quoted market prices. The Company has determined the fair value of its ARS using Level 1 inputs for known or anticipated subsequent redemptions at par value, Level 2 using observable inputs, and Level 3 using unobservable inputs where the following criteria were considered in estimating fair value: • Pricing was provided by the custodian or third-party broker for ARS; • Sales of similar securities; • Quoted prices for similar securities in active markets; • Quoted prices for similar assets in markets that are not active - including markets where there are few transactions for the asset, the prices are not current, or price quotations vary substantially either over time or among market makers, or in which little information is released publicly; • Pricing was provided by a third-party valuation consultant (using Level 3 inputs). In addition, the Company considers other factors including, but not limited to, the financial condition of the investee, the credit rating, insurance, guarantees, collateral, cash flows, and the current and expected market and industry conditions in which the investee operates. Management believes it has used information that was reasonably obtainable in order to complete its valuation process and determine if the Company’s investments in ARS had incurred any temporary and/or other-than-temporary impairment as of October 29, 2016 and January 30, 2016 . Future fluctuations in fair value of ARS that the Company judges to be temporary, including any recoveries of previous write-downs, would be recorded as an adjustment to “accumulated other comprehensive loss.” The value and liquidity of ARS held by the Company may be affected by continued auction-rate failures, the credit quality of each security, the amount and timing of interest payments, the amount and timing of future principal payments, and the probability of full repayment of the principal. Additional indicators of impairment include the duration and severity of the decline in market value. The interest rates on these investments will be determined by the terms of each individual ARS. The risks associated with the ARS held by the Company include those stated above as well as the current economic environment, downgrading of credit ratings on investments held, and the volatility of the entities backing each of the issues. The Company’s financial assets measured at fair value on a recurring basis are as follows: Fair Value Measurements at Reporting Date Using Quoted Prices in Active Markets for Identical Assets Significant Observable Inputs Significant Unobservable Inputs October 29, 2016 (Level 1) (Level 2) (Level 3) Total Available-for-sale securities: Auction-rate securities $ — $ 183 $ 2,984 $ 3,167 Trading securities (including mutual funds) 12,571 — — 12,571 Totals $ 12,571 $ 183 $ 2,984 $ 15,738 Fair Value Measurements at Reporting Date Using Quoted Prices in Active Markets for Identical Assets Significant Observable Inputs Significant Unobservable Inputs January 30, 2016 (Level 1) (Level 2) (Level 3) Total Available-for-sale securities: Auction-rate securities $ — $ 185 $ 7,265 $ 7,450 Trading securities (including mutual funds) 12,849 — — 12,849 Totals $ 12,849 $ 185 $ 7,265 $ 20,299 Securities included in Level 1 represent securities which have a known or anticipated upcoming redemption as of the reporting date and those that have publicly traded quoted prices. ARS included in Level 2 represent securities which have not experienced a successful auction subsequent to the end of fiscal 2007. The fair market value for these securities was determined by applying a discount to par value based on auction prices for similar securities and by utilizing a discounted cash flow model, using market-based inputs, to determine fair value. The Company used a discounted cash flow model to value its Level 3 investments, using estimates regarding recovery periods, yield, and liquidity. The assumptions used are subjective based upon management’s judgment and views on current market conditions, and resulted in $266 of the Company’s recorded temporary impairment as of October 29, 2016 . The use of different assumptions would result in a different valuation and related temporary impairment charge. Changes in the fair value of the Company’s financial assets measured at fair value on a recurring basis are as follows: Thirty-Nine Weeks Ended October 29, 2016 Fair Value Measurements Using Significant Unobservable Inputs (Level 3) Available-for-Sale Securities Trading Securities Auction-rate Securities Mutual Funds Total Balance, beginning of year $ 7,265 $ — $ 7,265 Total gains and losses: Included in net income (45 ) — (45 ) Included in other comprehensive income 244 — 244 Purchases, Issuances, Sales, and Settlements: Sales (4,480 ) — (4,480 ) Balance, end of quarter $ 2,984 $ — $ 2,984 Thirty-Nine Weeks Ended October 31, 2015 Fair Value Measurements Using Significant Unobservable Inputs (Level 3) Available-for-Sale Securities Trading Securities Auction-rate Securities Mutual Funds Total Balance, beginning of year $ 7,186 $ — $ 7,186 Total gains and losses: Included in other comprehensive income 7 — 7 Purchases, Issuances, Sales, and Settlements: Sales (75 ) — (75 ) Balance, end of quarter $ 7,118 $ — $ 7,118 There were no transfers of securities between Levels 1, 2, or 3 during the thirty-nine week periods ended October 29, 2016 or October 31, 2015 . The Company’s policy is to recognize transfers in and transfers out as of the beginning of the reporting period in which the transfer occurred. The carrying value of cash equivalents approximates fair value due to the low level of risk these assets present and their relatively liquid nature, particularly given their short maturities. The Company also holds certain financial instruments that are not carried at fair value on the condensed consolidated balance sheets, including held-to-maturity securities. Held-to-maturity securities consist primarily of state and municipal bonds. The fair values of these debt securities are based on quoted market prices and yields for the same or similar securities, which the Company determined to be Level 2 inputs. As of October 29, 2016 , the fair value of held-to-maturity securities was $54,105 compared to the carrying amount of $54,077 . As of January 30, 2016 , the fair value of held-to-maturity securities was $50,123 compared to the carrying amount of $49,992 . The carrying values of receivables, accounts payable, accrued expenses, and other current liabilities approximates fair value because of their short-term nature. From time to time, the Company measures certain assets at fair value on a non-recurring basis, specifically long-lived assets evaluated for impairment. These are typically store specific assets, which are reviewed for impairment when circumstances indicate impairment may exist due to the questionable recoverability of the carrying values of long-lived assets. If expected future cash flows related to a store’s assets are less than their carrying value, an impairment loss would be recognized for the difference between the carrying value and the estimated fair value of the store's assets. The fair value of the store's assets is estimated utilizing an income-based approach based on the expected cash flows over the remaining life of the store's lease. The amount of impairment related to long-lived assets was immaterial as of both October 29, 2016 and January 30, 2016 .

Supplemental Cash Flow Informat

Supplemental Cash Flow Information	9 Months Ended
	Oct. 29, 2016
Supplemental Cash Flow Elements [Abstract]
Supplemental Cash Flow Information	Supplemental Cash Flow Information The Company had non-cash investing activities during the thirty-nine week periods ended October 29, 2016 and October 31, 2015 of ($837) and $1,106 , respectively. The non-cash investing activity relates to the change in the balance of unpaid purchases of property, plant, and equipment included in accounts payable as of the end of the period. The liability for unpaid purchases of property, plant, and equipment included in accounts payable was $1,953 and $1,116 as of October 29, 2016 and January 30, 2016 , respectively. Amounts reported as unpaid purchases are recorded as cash outflows from investing activities for purchases of property, plant, and equipment in the condensed consolidated statement of cash flows in the period they are paid. Additional cash flow information for the Company includes cash paid for income taxes during the thirty-nine week periods ended October 29, 2016 and October 31, 2015 of $53,000 and $72,734 , respectively.

Stock-Based Compensation

Stock-Based Compensation	9 Months Ended
	Oct. 29, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation	Stock-Based Compensation The Company has several stock option plans which allow for granting of stock options to employees, executives, and directors. The Company has not granted any stock options since fiscal 2008 and there are currently no stock options outstanding. The Company also has a restricted stock plan that allows for the granting of non-vested shares of common stock to employees and executives and a restricted stock plan that allows for the granting of non-vested shares of common stock to non-employee directors. As of October 29, 2016 , 856,306 shares were available for grant under the Company’s various restricted stock plans, of which 781,682 shares were available for grant to executive officers. Compensation expense was recognized during fiscal 2016 and fiscal 2015 for equity-based grants, based on the grant date fair value of the awards. The fair value of grants of non-vested common stock awards is the stock price on the date of grant. Information regarding the impact of compensation expense related to grants of non-vested shares of common stock is as follows: Thirteen Weeks Ended Thirty-Nine Weeks Ended October 29, October 31, October 29, October 31, Stock-based compensation expense, before tax $ 1,135 $ (50 ) $ 4,808 $ 4,460 Stock-based compensation expense, after tax $ 715 $ (31 ) $ 3,029 $ 2,810 Non-vested shares of common stock granted during the thirty-nine week periods ended October 29, 2016 and October 31, 2015 were granted pursuant to the Company’s 2005 Restricted Stock Plan and the Company’s 2008 Director Restricted Stock Plan. Shares granted under the 2005 Plan are typically "performance based" and vest over a period of four years , only upon certification by the Compensation Committee of the Board of Directors that the Company has achieved its pre-established performance targets for the fiscal year. Certain shares granted under the 2005 Plan, however, are "non-performance based" and vest over a period of four years without being subject to the achievement of performance targets. Shares granted under the 2008 Director Plan vest 25% on the date of grant and then in equal portions on each of the first three anniversaries of the date of grant. A summary of the Company’s stock-based compensation activity related to grants of non-vested shares of common stock for the thirty-nine week period ended October 29, 2016 is as follows: Shares Weighted Average Grant Date Fair Value Non-Vested - beginning of year 360,784 $ 49.28 Granted 336,600 28.42 Forfeited (141,930 ) 50.53 Vested (39,580 ) 48.01 Non-Vested - end of quarter 515,874 $ 35.42 As of October 29, 2016 , there was $7,313 of unrecognized compensation expense related to grants of non-vested shares. It is expected that this expense will be recognized over a weighted average period of approximately 2.0 years . The total fair value of shares vested during the thirty-nine week periods ended October 29, 2016 and October 31, 2015 was $1,262 and $1,823 , respectively. During the thirty-nine week period ended October 29, 2016 , 130,400 shares (representing one-half of the "performance based" shares granted during fiscal 2015 under the 2005 Restricted Stock Plan) were forfeited because the Company did not achieve all of the performance targets established for the fiscal 2015 grants.

Recently Issued Accounting Pron

Recently Issued Accounting Pronouncements	9 Months Ended
	Oct. 29, 2016
Accounting Changes and Error Corrections [Abstract]
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2014-09, Revenue from Contracts with Customers (Topic 606) , which supersedes the revenue recognition requirements in Accounting Standards Codification ("ASC") 605, Revenue Recognition . The new revenue recognition standard requires entities to recognize revenue in a way that depicts the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. In July 2015, the FASB approved a one-year deferral of the effective date of the new revenue recognition standard. The new standard will become effective for the Company beginning with the first quarter of fiscal 2018 and can be adopted either retrospectively to each prior reporting period presented or as a cumulative effect adjustment as of the date of adoption. The Company is currently evaluating the effect that adopting this new accounting guidance will have on its consolidated results of operations and financial position. In July 2015, the FASB issued ASU 2015-11, Simplifying the Measurement of Inventory . Under this ASU, inventory will be measured at the “lower of cost and net realizable value” and options that currently exist for “market value” will be eliminated. The ASU defines net realizable value as the “estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation.” No other changes were made to the current guidance on inventory measurement. ASU 2015-11 is effective for interim and annual periods beginning after December 15, 2016. The Company does not expect that the adoption of this ASU will have a material effect on its consolidated results of operations and financial position. In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) . This ASU replaces the existing guidance in ASC 840, Leases . The new standard establishes a right-of-use ("ROU") model that requires a lessee to record a ROU asset and a lease liability on the balance sheet for all leases with terms longer than 12 months. Leases will be classified as either finance or operating, with classification affecting the pattern of expense recognition in the income statement. The guidance is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years and requires retrospective application. The Company is currently evaluating the effect that adopting this new accounting guidance will have on its consolidated results of operations and financial position. In March 2016, the FASB issued ASU No. 2016-09, Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting . This standard is intended to simplify several aspects of the accounting for share-based payment award transactions, including the income tax consequences, classification of awards as either equity or liabilities, an option to recognize gross stock compensation expense with actual forfeitures recognized as they occur, and classifications in the statement of cash flows. ASU 2016-09 is effective for interim and annual periods beginning after December 15, 2016 and early adoption is permitted. The Company is currently evaluating the effect that adopting this new accounting guidance will have on its consolidated results of operations and financial position.

Recently Issued Accounting Pr18

Recently Issued Accounting Pronouncements (Policies)	9 Months Ended
	Oct. 29, 2016
Accounting Changes and Error Corrections [Abstract]
Recently Issued Accounting Pronouncements	In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2014-09, Revenue from Contracts with Customers (Topic 606) , which supersedes the revenue recognition requirements in Accounting Standards Codification ("ASC") 605, Revenue Recognition . The new revenue recognition standard requires entities to recognize revenue in a way that depicts the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. In July 2015, the FASB approved a one-year deferral of the effective date of the new revenue recognition standard. The new standard will become effective for the Company beginning with the first quarter of fiscal 2018 and can be adopted either retrospectively to each prior reporting period presented or as a cumulative effect adjustment as of the date of adoption. The Company is currently evaluating the effect that adopting this new accounting guidance will have on its consolidated results of operations and financial position. In July 2015, the FASB issued ASU 2015-11, Simplifying the Measurement of Inventory . Under this ASU, inventory will be measured at the “lower of cost and net realizable value” and options that currently exist for “market value” will be eliminated. The ASU defines net realizable value as the “estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation.” No other changes were made to the current guidance on inventory measurement. ASU 2015-11 is effective for interim and annual periods beginning after December 15, 2016. The Company does not expect that the adoption of this ASU will have a material effect on its consolidated results of operations and financial position. In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) . This ASU replaces the existing guidance in ASC 840, Leases . The new standard establishes a right-of-use ("ROU") model that requires a lessee to record a ROU asset and a lease liability on the balance sheet for all leases with terms longer than 12 months. Leases will be classified as either finance or operating, with classification affecting the pattern of expense recognition in the income statement. The guidance is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years and requires retrospective application. The Company is currently evaluating the effect that adopting this new accounting guidance will have on its consolidated results of operations and financial position. In March 2016, the FASB issued ASU No. 2016-09, Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting . This standard is intended to simplify several aspects of the accounting for share-based payment award transactions, including the income tax consequences, classification of awards as either equity or liabilities, an option to recognize gross stock compensation expense with actual forfeitures recognized as they occur, and classifications in the statement of cash flows. ASU 2016-09 is effective for interim and annual periods beginning after December 15, 2016 and early adoption is permitted. The Company is currently evaluating the effect that adopting this new accounting guidance will have on its consolidated results of operations and financial position.

Description of the Business (Ta

Description of the Business (Tables)	9 Months Ended
	Oct. 29, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of Product Information	The following is information regarding the Company’s major product lines, stated as a percentage of the Company’s net sales: Thirteen Weeks Ended Thirty-Nine Weeks Ended Merchandise Group October 29, October 31, October 29, October 31, Denims 44.9 % 45.3 % 40.9 % 41.0 % Tops (including sweaters) 31.8 31.4 30.7 31.1 Accessories 8.4 8.6 8.9 8.7 Sportswear/Fashions 2.1 1.9 8.8 8.7 Footwear 6.1 6.4 6.1 6.1 Casual bottoms 2.3 1.7 1.8 1.5 Outerwear 2.5 2.7 1.3 1.4 Other 1.9 2.0 1.5 1.5 100.0 % 100.0 % 100.0 % 100.0 %

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Oct. 29, 2016
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	Basic earnings per share data are based on the weighted average outstanding common shares during the period. Diluted earnings per share data are based on the weighted average outstanding common shares and the effect of all dilutive potential common shares. Thirteen Weeks Ended Thirteen Weeks Ended October 29, 2016 October 31, 2015 Income Weighted Per Share Income Weighted Per Share Basic EPS $ 23,397 48,107 $ 0.49 $ 35,893 48,073 $ 0.75 Effect of Dilutive Securities: Non-vested shares — 152 (0.01 ) — 146 (0.01 ) Diluted EPS $ 23,397 48,259 $ 0.48 $ 35,893 48,219 $ 0.74 Thirty-Nine Weeks Ended Thirty-Nine Weeks Ended October 29, 2016 October 31, 2015 Income Weighted Per Share Income Weighted Per Share Basic EPS $ 61,966 48,107 $ 1.29 $ 92,944 48,074 $ 1.93 Effect of Dilutive Securities: Non-vested shares — 123 (0.01 ) — 129 — Diluted EPS $ 61,966 48,230 $ 1.28 $ 92,944 48,203 $ 1.93

Investments (Tables)

Investments (Tables)	9 Months Ended
	Oct. 29, 2016
Schedule of Investments [Abstract]
Schedule of investments, cost and fair value	The following is a summary of investments as of October 29, 2016 : Amortized Cost or Par Value Gross Unrealized Gains Gross Unrealized Losses Other-than- Temporary Impairment Estimated Fair Value Available-for-Sale Securities: Auction-rate securities $ 3,450 $ — $ (283 ) $ — $ 3,167 Held-to-Maturity Securities: State and municipal bonds $ 54,077 $ 47 $ (19 ) $ — $ 54,105 Trading Securities: Mutual funds $ 12,428 $ 143 $ — $ — $ 12,571 The following is a summary of investments as of January 30, 2016 : Amortized Cost or Par Value Gross Unrealized Gains Gross Unrealized Losses Other-than- Temporary Impairment Estimated Fair Value Available-for-Sale Securities: Auction-rate securities $ 7,975 $ — $ (525 ) $ — $ 7,450 Held-to-Maturity Securities: State and municipal bonds $ 49,992 $ 163 $ (32 ) $ — $ 50,123 Trading Securities: Mutual funds $ 13,442 $ — $ (593 ) $ — $ 12,849
Schedule of auction rate securities	The auction-rate securities were invested as follows as of October 29, 2016 : Nature Underlying Collateral Par Value Municipal revenue bonds 100% insured by AAA/AA/A-rated bond insurers $ 3,400 Municipal bond funds Fixed income instruments within issuers' money market funds 50 Total par value $ 3,450
Schedule of amortized cost and fair value of debt securities by contractual maturity	The amortized cost and fair value of debt securities by contractual maturity as of October 29, 2016 is as follows: Amortized Cost Fair Value Held-to-Maturity Securities Less than 1 year $ 49,987 $ 50,016 1 - 5 years 4,090 4,089 $ 54,077 $ 54,105

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Oct. 29, 2016
Fair Value Disclosures [Abstract]
Financial assets measured at fair value on a recurring basis	The Company’s financial assets measured at fair value on a recurring basis are as follows: Fair Value Measurements at Reporting Date Using Quoted Prices in Active Markets for Identical Assets Significant Observable Inputs Significant Unobservable Inputs October 29, 2016 (Level 1) (Level 2) (Level 3) Total Available-for-sale securities: Auction-rate securities $ — $ 183 $ 2,984 $ 3,167 Trading securities (including mutual funds) 12,571 — — 12,571 Totals $ 12,571 $ 183 $ 2,984 $ 15,738 Fair Value Measurements at Reporting Date Using Quoted Prices in Active Markets for Identical Assets Significant Observable Inputs Significant Unobservable Inputs January 30, 2016 (Level 1) (Level 2) (Level 3) Total Available-for-sale securities: Auction-rate securities $ — $ 185 $ 7,265 $ 7,450 Trading securities (including mutual funds) 12,849 — — 12,849 Totals $ 12,849 $ 185 $ 7,265 $ 20,299
Financial assets measured at fair value on a recurring basis, unobservable input reconciliation	Changes in the fair value of the Company’s financial assets measured at fair value on a recurring basis are as follows: Thirty-Nine Weeks Ended October 29, 2016 Fair Value Measurements Using Significant Unobservable Inputs (Level 3) Available-for-Sale Securities Trading Securities Auction-rate Securities Mutual Funds Total Balance, beginning of year $ 7,265 $ — $ 7,265 Total gains and losses: Included in net income (45 ) — (45 ) Included in other comprehensive income 244 — 244 Purchases, Issuances, Sales, and Settlements: Sales (4,480 ) — (4,480 ) Balance, end of quarter $ 2,984 $ — $ 2,984 Thirty-Nine Weeks Ended October 31, 2015 Fair Value Measurements Using Significant Unobservable Inputs (Level 3) Available-for-Sale Securities Trading Securities Auction-rate Securities Mutual Funds Total Balance, beginning of year $ 7,186 $ — $ 7,186 Total gains and losses: Included in other comprehensive income 7 — 7 Purchases, Issuances, Sales, and Settlements: Sales (75 ) — (75 ) Balance, end of quarter $ 7,118 $ — $ 7,118

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	9 Months Ended
	Oct. 29, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-based compensation expense	Information regarding the impact of compensation expense related to grants of non-vested shares of common stock is as follows: Thirteen Weeks Ended Thirty-Nine Weeks Ended October 29, October 31, October 29, October 31, Stock-based compensation expense, before tax $ 1,135 $ (50 ) $ 4,808 $ 4,460 Stock-based compensation expense, after tax $ 715 $ (31 ) $ 3,029 $ 2,810
Summary of stock-based compensation activity related to grants of non-vested shares of common stock	A summary of the Company’s stock-based compensation activity related to grants of non-vested shares of common stock for the thirty-nine week period ended October 29, 2016 is as follows: Shares Weighted Average Grant Date Fair Value Non-Vested - beginning of year 360,784 $ 49.28 Granted 336,600 28.42 Forfeited (141,930 ) 50.53 Vested (39,580 ) 48.01 Non-Vested - end of quarter 515,874 $ 35.42

Description of the Business (Na

Description of the Business (Narrative) (Details)	3 Months Ended		9 Months Ended
	Oct. 29, 2016storestate	Oct. 31, 2015storestate	Oct. 29, 2016storestatesegment	Oct. 31, 2015storestate
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of reportable segments (segment) | segment			1
Number of stores (store)	470	468	470	468
Number of states in which stores are located (state) | state	44	44	44	44
New stores opened during the period (store)	1	4	4	8
Stores substantially remodeled during the period (store)	5	2	17	13
Stores closed during the period (store)	1		2

Description of the Business (In

Description of the Business (Information Regarding Major Product Lines) (Details)	3 Months Ended		9 Months Ended
	Oct. 29, 2016	Oct. 31, 2015	Oct. 29, 2016	Oct. 31, 2015
Product Information [Line Items]
Percentage of net sales	100.00%	100.00%	100.00%	100.00%
Denims [Member]
Product Information [Line Items]
Percentage of net sales	44.90%	45.30%	40.90%	41.00%
Tops (including sweaters) [Member]
Product Information [Line Items]
Percentage of net sales	31.80%	31.40%	30.70%	31.10%
Accessories [Member]
Product Information [Line Items]
Percentage of net sales	8.40%	8.60%	8.90%	8.70%
Sportswear / Fashions [Member]
Product Information [Line Items]
Percentage of net sales	2.10%	1.90%	8.80%	8.70%
Footwear [Member]
Product Information [Line Items]
Percentage of net sales	6.10%	6.40%	6.10%	6.10%
Casual bottoms [Member]
Product Information [Line Items]
Percentage of net sales	2.30%	1.70%	1.80%	1.50%
Outerwear [Member]
Product Information [Line Items]
Percentage of net sales	2.50%	2.70%	1.30%	1.40%
Other [Member]
Product Information [Line Items]
Percentage of net sales	1.90%	2.00%	1.50%	1.50%

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 29, 2016	Oct. 31, 2015	Oct. 29, 2016	Oct. 31, 2015
Income
Basic EPS, Income	$ 23,397	$ 35,893	$ 61,966	$ 92,944
Effect of dilutive non-vested shares, Income	0	0	0	0
Diluted EPS, Income	$ 23,397	$ 35,893	$ 61,966	$ 92,944
Weighted Average Shares
Basic EPS, Weighted Average Shares (shares)	48,107	48,073	48,107	48,074
Effect of dilutive non-vested shares, Weighted Average Shares (shares)	152	146	123	129
Diluted EPS, Weighted Average Shares (shares)	48,259	48,219	48,230	48,203
Per Share Amount
Basic EPS, Per Share Amount (dollars per share)	$ 0.49	$ 0.75	$ 1.29	$ 1.93
Effect of dilutive non-vested shares, Per Share Amount (dollars per share)	(0.01)	(0.01)	(0.01)	0
Diluted EPS, Per Share Amount (dollars per share)	$ 0.48	$ 0.74	$ 1.28	$ 1.93

Investments (Schedule of Invest

Investments (Schedule of Investments) (Details) - USD ($) $ in Thousands	Oct. 29, 2016	Jan. 30, 2016
Auction-rate securities [Member]
Available-for-sale Securities [Abstract]
Available-for-Sale Securities, Amortized Cost or Par Value	$ 3,450	$ 7,975
Available-for-Sale Securities, Gross Unrealized Gains	0	0
Available-for-Sale Securities, Gross Unrealized Losses	(283)	(525)
Available-for-Sale Securities, Other-than-Temporary Impairment	0	0
Available-for-Sale Securities, Estimated Fair Value	3,167	7,450
State and municipal bonds [Member]
Held-to-maturity Securities [Abstract]
Held-to-Maturity Securities, Amortized Cost or Par Value	54,077	49,992
Held-to-Maturity Securities, Gross Unrealized Gains	47	163
Held-to-Maturity Securities, Gross Unrealized Losses	(19)	(32)
Held-to-Maturity Securities, Other-than-Temporary Impairment	0	0
Held-to-Maturity Securities, Estimated Fair Value	54,105	50,123
Mutual funds [Member]
Trading Securities [Abstract]
Trading Securities, Amortized Cost or Par Value	12,428	13,442
Trading Securities, Gross Unrealized Gains	143	0
Trading Securities, Gross Unrealized Losses	0	(593)
Trading Securities, Other-than-Temporary Impairment	0	0
Trading Securities, Estimated Fair Value	$ 12,571	$ 12,849

Investments (Par Value) (Detail

Investments (Par Value) (Details) - Auction-rate securities [Member] - USD ($) $ in Thousands	9 Months Ended
	Oct. 29, 2016	Jan. 30, 2016
Investment Holdings [Line Items]
Available-for-sale securities, par value	$ 3,450	$ 7,975
Municipal revenue bonds [Member]
Investment Holdings [Line Items]
Underlying Collateral	100% insured by AAA/AA/A-rated bond insurers
Available-for-sale securities, par value	$ 3,400
Percentage of bond insured by AAA/AA/A-rated bond insurers (percent)	100.00%
Municipal bond funds [Member]
Investment Holdings [Line Items]
Underlying Collateral	Fixed income instruments within issuers' money market funds
Available-for-sale securities, par value	$ 50

Investments (Held-To-Maturity S

Investments (Held-To-Maturity Securities) (Details) - State and municipal bonds [Member] - USD ($) $ in Thousands	Oct. 29, 2016	Jan. 30, 2016
Contractual maturities of held-to-maturity securities, at amortized cost:
Less than 1 year, Amortized Cost	$ 49,987
1 - 5 years, Amortized Cost	4,090
Held-to-Maturity Securities, Amortized Cost	54,077
Contractual maturities of held-to-maturity securities, at fair values:
Less than 1 year, Fair Value	50,016
1 - 5 years, Fair Value	4,089
Held-to-Maturity Securities, Estimated Fair Value	$ 54,105	$ 50,123

Investments (Narrative) (Detail

Investments (Narrative) (Details) - USD ($) $ in Thousands	9 Months Ended
	Oct. 29, 2016	Jan. 30, 2016
Schedule of Investments [Line Items]
Available-for-sale securities classified as noncurrent	$ 3,167	$ 7,450
Long-term investment, held-to-maturity securities	4,090	13,527
Accumulated comprehensive loss, cumulative unrealized losses on available for sale securities, net of tax	$ 178	331
Minimum [Member]
Schedule of Investments [Line Items]
Dutch auction, reset interval (days)	7 days
Maximum [Member]
Schedule of Investments [Line Items]
Dutch auction, reset interval (days)	49 days
Auction-rate securities [Member]
Schedule of Investments [Line Items]
Temporary impairment	$ 283	525
Accumulated comprehensive loss, cumulative unrealized losses on available for sale securities, net of tax	178
Available-for-sale securities, par value	3,450	7,975
Available-for-Sale Securities, Estimated Fair Value	3,167	$ 7,450
Par value of securities liquidated	$ 4,525
Auction-rate securities [Member] | AA/Aa-rated [Member]
Schedule of Investments [Line Items]
Securities by credit rating (percent)	100.00%

Fair Value Measurements (Fair V

Fair Value Measurements (Fair Value Inputs) (Details) - Significant Unobservable Inputs (Level 3) [Member] - Auction-rate securities [Member] - Fair Value Measurements, Recurring [Member]	9 Months Ended
	Oct. 29, 2016
Minimum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Durations until redemption (years)	7 years 2 months 12 days
Discount rates (percent)	3.67%
Maximum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Durations until redemption (years)	8 years 6 months
Discount rates (percent)	3.67%
Weighted Average [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Durations until redemption (years)	7 years 9 months 18 days
Discount rates (percent)	3.67%

Fair Value Measurements (Recurr

Fair Value Measurements (Recurring Basis) (Details) - USD ($) $ in Thousands	Oct. 29, 2016	Jan. 30, 2016
Auction-rate securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-Sale Securities, Estimated Fair Value	$ 3,167	$ 7,450
Mutual funds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading securities (including mutual funds)	12,571	12,849
Fair Value Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Totals	15,738	20,299
Fair Value Measurements, Recurring [Member] | Auction-rate securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-Sale Securities, Estimated Fair Value	3,167	7,450
Fair Value Measurements, Recurring [Member] | Mutual funds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading securities (including mutual funds)	12,571	12,849
Fair Value Measurements, Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Totals	12,571	12,849
Fair Value Measurements, Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Auction-rate securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-Sale Securities, Estimated Fair Value	0	0
Fair Value Measurements, Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Mutual funds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading securities (including mutual funds)	12,571	12,849
Fair Value Measurements, Recurring [Member] | Significant Observable Inputs (Level 2) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Totals	183	185
Fair Value Measurements, Recurring [Member] | Significant Observable Inputs (Level 2) [Member] | Auction-rate securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-Sale Securities, Estimated Fair Value	183	185
Fair Value Measurements, Recurring [Member] | Significant Observable Inputs (Level 2) [Member] | Mutual funds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading securities (including mutual funds)	0	0
Fair Value Measurements, Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Totals	2,984	7,265
Fair Value Measurements, Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Auction-rate securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-Sale Securities, Estimated Fair Value	2,984	7,265
Fair Value Measurements, Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Mutual funds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading securities (including mutual funds)	$ 0	$ 0

Fair Value Measurements (Narrat

Fair Value Measurements (Narrative) (Details) - USD ($) $ in Thousands	Oct. 29, 2016	Jan. 30, 2016
Auction-rate securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Temporary impairment	$ 283	$ 525
Auction-rate securities [Member] | Significant Unobservable Inputs (Level 3) [Member] | Fair Value Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Temporary impairment	266
US States and Political Subdivisions Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Held-to-maturity securities, fair value	54,105	50,123
Held-to-maturity securities, carrying value	$ 54,077	$ 49,992

Fair Value Measurements (Change

Fair Value Measurements (Changes in Fair Value) (Details) - Fair Value Measurements, Recurring [Member] - USD ($) $ in Thousands	9 Months Ended
	Oct. 29, 2016	Oct. 31, 2015
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance, Level 3 securities, beginning of year	$ 7,265	$ 7,186
Realized gains (losses) on Level 3 securities included in net income	(45)
Unrealized gains (losses) on Level 3 securities included in other comprehensive income	244	7
Sales of Level 3 securities	(4,480)	(75)
Balance, Level 3 securities, end of quarter	2,984	7,118
Auction-rate securities [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance, Level 3 securities, beginning of year	7,265	7,186
Realized gains (losses) on Level 3 securities included in net income	(45)
Unrealized gains (losses) on Level 3 securities included in other comprehensive income	244	7
Sales of Level 3 securities	(4,480)	(75)
Balance, Level 3 securities, end of quarter	2,984	7,118
Mutual funds [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance, Level 3 securities, beginning of year	0	0
Realized gains (losses) on Level 3 securities included in net income	0
Unrealized gains (losses) on Level 3 securities included in other comprehensive income	0	0
Sales of Level 3 securities	0	0
Balance, Level 3 securities, end of quarter	$ 0	$ 0

Supplemental Cash Flow Inform35

Supplemental Cash Flow Information (Details) - USD ($) $ in Thousands	9 Months Ended
	Oct. 29, 2016	Oct. 31, 2015	Jan. 30, 2016
Supplemental Cash Flow Elements [Abstract]
Non-cash investing activities - change in unpaid purchases of property, plant and equipment	$ (837)	$ 1,106
Current liability for unpaid purchases of property, plant and equipment	1,953		$ 1,116
Cash paid for income taxes	$ 53,000	$ 72,734

Stock-Based Compensation (Narra

Stock-Based Compensation (Narrative) (Details) - Restricted Stock [Member] - USD ($) $ in Thousands	9 Months Ended
	Oct. 29, 2016	Oct. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares available for grant (shares)	856,306
Unrecognized compensation expense	$ 7,313
Expected weighted average period of unrecognized compensation expense recognition (years)	2 years
Total fair value of shares vested	$ 1,262	$ 1,823
Forfeited (shares)	141,930
Director Restricted Stock Plan 2008 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares vested description	Shares granted under the 2008 Director Plan vest 25% on the date of grant and then in equal portions on each of the first three anniversaries of the date of grant.
Vesting period (years)	3 years
Percentage of shares vesting annually (percent)	25.00%
Executive Officers [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares available for grant (shares)	781,682
Performance Based Grant [Member] | Restricted Stock Plan 2005 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares vested description	Shares granted under the 2005 Plan are typically "performance based" and vest over a period of four years, only upon certification by the Compensation Committee of the Board of Directors that the Company has achieved its pre-established performance targets for the fiscal year.
Vesting period (years)	4 years
Forfeited (shares)	130,400
Non-Performance Based Grant [Member] | Restricted Stock Plan 2005 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares vested description	Certain shares granted under the 2005 Plan, however, are "non-performance based" and vest over a period of four years without being subject to the achievement of performance targets.
Vesting period (years)	4 years

Stock-Based Compensation (Compe

Stock-Based Compensation (Compensation Expenses) (Details) - Restricted Stock [Member] - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 29, 2016	Oct. 31, 2015	Oct. 29, 2016	Oct. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense, before tax	$ 1,135	$ (50)	$ 4,808	$ 4,460
Stock-based compensation expense, after tax	$ 715	$ (31)	$ 3,029	$ 2,810

Stock-Based Compensation (Non-v

Stock-Based Compensation (Non-vested Shares) (Details) - Restricted Stock [Member]	9 Months Ended
	Oct. 29, 2016$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Non-Vested - beginning of year (shares) | shares	360,784
Granted (shares) | shares	336,600
Forfeited (shares) | shares	(141,930)
Vested (shares) | shares	(39,580)
Non-Vested - end of quarter (shares) | shares	515,874
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]
Non-Vested - beginning of year, Weighted Average Grant Date Fair Value (dollars per share) | $ / shares	$ 49.28
Granted, Weighted Average Grant Date Fair Value (dollars per share) | $ / shares	28.42
Forfeited, Weighted Average Grant Date Fair Value (dollars per share) | $ / shares	50.53
Vested, Weighted Average Grant Date Fair Value (dollars per share) | $ / shares	48.01
Non-Vested - end of quarter, Weighted Average Grant Date Fair Value (dollars per share) | $ / shares	$ 35.42