The Buckle, Inc. (BKE) 10-Q 10 Sep 20 2020 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Aug. 01, 2020	Sep. 04, 2020
Document Document And Entity Information [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Aug. 1, 2020
Document Transition Report	false
Entity File Number	001-12951
Entity Registrant Name	BUCKLE, INC
Entity Incorporation, State or Country Code	NE
Entity Tax Identification Number	47-0366193
Entity Address, Address Line One	2407 West 24th Street
Entity Address, City or Town	Kearney
Entity Address, State or Province	NE
Entity Address, Postal Zip Code	68845-4915
City Area Code	308
Local Phone Number	236-8491
Title of 12(b) Security	Common Stock, $0.01 par value
Trading Symbol	BKE
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		49,407,731
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q2
Entity Central Index Key	0000885245
Current Fiscal Year End Date	--01-30
Amendment Flag	false

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Aug. 01, 2020	Feb. 01, 2020
CURRENT ASSETS:
Cash and cash equivalents	$ 265,714	$ 220,969
Short-term investments	12,637	12,532
Receivables	2,394	3,136
Inventory	116,479	121,258
Prepaid expenses and other assets	20,388	20,935
Total current assets	417,612	378,830
PROPERTY AND EQUIPMENT	451,899	452,205
Less accumulated depreciation and amortization	(345,820)	(338,357)
PROPERTY AND EQUIPMENT, Net	106,079	113,848
OPERATING LEASE RIGHT-OF-USE ASSETS	305,814	350,088
LONG-TERM INVESTMENTS	16,536	15,863
OTHER ASSETS	9,782	9,261
Total assets	855,823	867,890
CURRENT LIABILITIES:
Accounts payable	48,142	26,491
Accrued employee compensation	9,391	22,929
Accrued store operating expenses	21,579	17,837
Gift certificates redeemable	12,611	15,319
Current portion of operating lease liabilities	81,427	87,314
Income taxes payable	0	2,751
Total current liabilities	173,150	172,641
DEFERRED COMPENSATION	16,536	15,863
NON-CURRENT OPERATING LEASE LIABILITIES	251,830	290,238
Total liabilities	441,516	478,742
COMMITMENTS
STOCKHOLDERS’ EQUITY:
Common stock, authorized 100,000,000 shares of $0.01 par value; 49,407,731 and 49,205,681 shares issued and outstanding at August 1, 2020 and February 1, 2020 respectively	494	492
Additional paid-in capital	154,517	152,258
Retained earnings	259,296	236,398
Total stockholders’ equity	414,307	389,148
Total liabilities and stockholders' equity	$ 855,823	$ 867,890

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - $ / shares	Aug. 01, 2020	Feb. 01, 2020
Statement of Financial Position [Abstract]
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)	49,407,731	49,205,681
Common stock, shares outstanding (shares)	49,407,731	49,205,681

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Aug. 01, 2020	Aug. 03, 2019	Aug. 01, 2020	Aug. 03, 2019
Income Statement [Abstract]
SALES, Net of returns and allowances	$ 216,025	$ 203,817	$ 331,438	$ 405,130
COST OF SALES (Including buying, distribution, and occupancy costs)	122,643	125,120	211,231	249,780
Gross profit	93,382	78,697	120,207	155,350
OPERATING EXPENSES:
Selling	38,257	48,535	71,761	95,144
General and administrative	9,593	10,560	19,096	21,870
Total selling, general and administrative expenses	47,850	59,095	90,857	117,014
INCOME FROM OPERATIONS	45,532	19,602	29,350	38,336
OTHER INCOME, Net	404	2,086	978	3,341
INCOME BEFORE INCOME TAXES	45,936	21,688	30,328	41,677
INCOME TAX EXPENSE	11,254	5,314	7,430	10,211
NET INCOME	$ 34,682	$ 16,374	$ 22,898	$ 31,466
EARNINGS PER SHARE:
Basic (dollars per share)	$ 0.71	$ 0.34	$ 0.47	$ 0.65
Diluted (dollars per share)	$ 0.71	$ 0.34	$ 0.47	$ 0.65
Basic weighted average shares	48,714	48,550	48,719	48,551
Diluted weighted average shares	48,913	48,760	48,918	48,747

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Unaudited) - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Retained Earnings
BALANCE (shares) at Feb. 02, 2019		49,017,395
BALANCE at Feb. 02, 2019	$ 393,877	$ 490	$ 148,564	$ 244,823
Increase (Decrease) in Stockholders' Equity [Roll Forward]
NET INCOME	31,466			31,466
Dividends paid on common stock	(24,615)			(24,615)
Issuance of non-vested stock, net of forfeitures (shares)		210,968
Issuance of non-vested stock, net of forfeitures		$ 2	(2)
Amortization of non-vested stock grants, net of forfeitures	2,533		2,533
Common stock purchased and retired (shares)		(4,552)
Common stock purchased and retired	(68)		(68)
BALANCE (shares) at Aug. 03, 2019		49,223,811
BALANCE at Aug. 03, 2019	403,193	$ 492	151,027	251,674
BALANCE (shares) at May. 04, 2019		49,231,625
BALANCE at May. 04, 2019	397,958	$ 492	149,860	247,606
Increase (Decrease) in Stockholders' Equity [Roll Forward]
NET INCOME	16,374			16,374
Dividends paid on common stock	(12,306)			(12,306)
Issuance of non-vested stock, net of forfeitures (shares)		(3,262)
Amortization of non-vested stock grants, net of forfeitures	1,235		1,235
Common stock purchased and retired (shares)		(4,552)
Common stock purchased and retired	(68)		(68)
BALANCE (shares) at Aug. 03, 2019		49,223,811
BALANCE at Aug. 03, 2019	403,193	$ 492	151,027	251,674
BALANCE (shares) at Feb. 01, 2020		49,205,681
BALANCE at Feb. 01, 2020	389,148	$ 492	152,258	236,398
Increase (Decrease) in Stockholders' Equity [Roll Forward]
NET INCOME	22,898			22,898
Issuance of non-vested stock, net of forfeitures (shares)		227,050
Issuance of non-vested stock, net of forfeitures		$ 2	(2)
Amortization of non-vested stock grants, net of forfeitures	2,633		2,633
Common stock purchased and retired (shares)		(25,000)
Common stock purchased and retired	(372)		(372)
BALANCE (shares) at Aug. 01, 2020		49,407,731
BALANCE at Aug. 01, 2020	414,307	$ 494	154,517	259,296
BALANCE (shares) at May. 02, 2020		49,408,181
BALANCE at May. 02, 2020	377,949	$ 494	152,841	224,614
Increase (Decrease) in Stockholders' Equity [Roll Forward]
NET INCOME	34,682			34,682
Issuance of non-vested stock, net of forfeitures (shares)		(450)
Amortization of non-vested stock grants, net of forfeitures	1,676		1,676
BALANCE (shares) at Aug. 01, 2020		49,407,731
BALANCE at Aug. 01, 2020	$ 414,307	$ 494	$ 154,517	$ 259,296

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Unaudited) (Parenthetical) - $ / shares	3 Months Ended		6 Months Ended
	Aug. 01, 2020	Aug. 03, 2019	Aug. 01, 2020	Aug. 03, 2019
Statement of Stockholders' Equity [Abstract]
Dividends paid on common stock, per share	$ 0	$ 0.25	$ 0	$ 0.50

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Aug. 01, 2020	Aug. 03, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:
NET INCOME	$ 22,898	$ 31,466
Adjustments to reconcile net income to net cash flows from operating activities:
Depreciation and amortization	11,010	12,427
Amortization of non-vested stock grants, net of forfeitures	2,633	2,533
Deferred income taxes	(632)	(608)
Other	58	279
Changes in operating assets and liabilities:
Receivables	1,278	534
Inventory	4,779	(3,878)
Prepaid expenses and other assets	547	(2,923)
Accounts payable	21,734	13,520
Accrued employee compensation	(13,538)	(9,940)
Accrued store operating expenses	3,279	4,131
Gift certificates redeemable	(2,708)	(3,329)
Income taxes payable	(3,287)	(9,793)
Other assets and liabilities	1,115	1,124
Net cash flows from operating activities	49,166	35,543
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property and equipment	(3,382)	(4,152)
Change in other assets	111	99
Purchases of investments	(15,953)	(25,167)
Proceeds from sales/maturities of investments	15,175	27,930
Net cash flows from investing activities	(4,049)	(1,290)
CASH FLOWS FROM FINANCING ACTIVITIES:
Purchases of common stock	(372)	(68)
Payment of dividends	0	(24,615)
Net cash flows from financing activities	(372)	(24,683)
NET INCREASE IN CASH AND CASH EQUIVALENTS	44,745	9,570
CASH AND CASH EQUIVALENTS, Beginning of period	220,969	168,471
CASH AND CASH EQUIVALENTS, End of period	$ 265,714	$ 178,041

Basis of Presentation

Basis of Presentation	6 Months Ended
	Aug. 01, 2020
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation 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 February 1, 2020, included in The Buckle, Inc.'s 2019 Form 10-K. The condensed consolidated balance sheet as of February 1, 2020 is derived from audited financial statements. For purposes of this report, unless the context otherwise requires, all references herein to the “Company”, “Buckle”, “we”, “us”, or similar terms refer to The Buckle, Inc. and its subsidiary. 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

Revenues

Revenues	6 Months Ended
	Aug. 01, 2020
Revenue from Contract with Customer [Abstract]
Revenues	Revenues 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 sells its merchandise through its retail stores and e-Commerce platform. The Company had 446 stores located in 42 states throughout the United States as of August 1, 2020 and 449 stores in 42 states as of August 3, 2019. During the twenty-six week period ended August 1, 2020, the Company opened 3 new stores, substantially remodeled 1 store, and closed 5 stores, which includes 3 new stores, no substantially remodeled stores, and 3 closed stores for the second quarter. During the twenty-six week period ended August 3, 2019, the Company opened 1 new store, substantially remodeled 3 stores, and closed 2 stores; which includes 1 new store, 2 substantially remodeled stores, and 1 closed store during the second quarter. The Company temporarily closed all of its brick and mortar stores beginning March 18, 2020 to protect the health and welfare of its guests, teammates, and communities as a result of the COVID-19 pandemic. The Company began the process of reopening certain stores the week of April 26, 2020, following all appropriate federal, state, and local reopening guidelines. As of August 1, 2020, 431 of the Company's 446 stores were open. Of the 15 stores which were closed, 2 had not yet reopened due to damage sustained during the closure period. The remaining 13 stores are located in California and had previously reopened but were subsequently closed again during July in accordance with state guidelines. The store closings had a significant impact on the Company's revenue for the twenty-six week period ended August 1, 2020, which was down $73,692 or 18.2% from the same twenty-six week period in the prior year. The Company's online store remained open without interruption and experienced significant growth during the twenty-six week period ended August 1, 2020, growing $30,555 or 64.3% compared to the same twenty-six week period in the prior year. For the thirteen week periods ended August 1, 2020 and August 3, 2019, online revenues accounted for 21.3% and 11.3%, respectively, of the Company's net sales. For the twenty-six week periods ended August 1, 2020 and August 3, 2019, online revenues accounted for 23.6% and 11.7%, respectively, of the Company's net sales. No sales to an individual customer or country, other than the United States, accounted for more than 10% of net sales. The following is information regarding the Company’s major product lines, stated as a percentage of the Company’s net sales: Thirteen Weeks Ended Twenty-Six Weeks Ended Merchandise Group August 1, August 3, August 1, August 3, Denims 32.1 % 33.0 % 36.9 % 37.7 % Tops (including sweaters) 30.3 33.8 29.4 31.8 Sportswear/Fashions 15.6 12.8 12.4 10.8 Accessories 9.8 9.7 9.2 9.1 Footwear 9.6 7.6 9.2 7.5 Casual bottoms 0.7 1.0 0.8 1.1 Outerwear 0.3 0.6 0.6 0.7 Other 1.6 1.5 1.5 1.3 100.0 % 100.0 % 100.0 % 100.0 %

Earnings Per Share

Earnings Per Share	6 Months Ended
	Aug. 01, 2020
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 August 1, 2020 August 3, 2019 Net Income Weighted Per Share Net Income Weighted Per Share Basic EPS $ 34,682 48,714 $ 0.71 $ 16,374 48,550 $ 0.34 Effect of Dilutive Securities: Non-vested shares — 199 — — 210 — Diluted EPS $ 34,682 48,913 $ 0.71 $ 16,374 48,760 $ 0.34 Twenty-Six Weeks Ended Twenty-Six Weeks Ended August 1, 2020 August 3, 2019 Net Income Weighted Per Share Net Income Weighted Per Share Basic EPS $ 22,898 48,719 $ 0.47 $ 31,466 48,551 $ 0.65 Effect of Dilutive Securities: Non-vested shares — 199 — — 196 — Diluted EPS $ 22,898 48,918 $ 0.47 $ 31,466 48,747 $ 0.65 (a) Shares in thousands.

Investments

Investments	6 Months Ended
	Aug. 01, 2020
Schedule of Investments [Abstract]
Investments	Investments The following is a summary of investments as of August 1, 2020: Amortized Gross Gross Other-than- Estimated Held-to-Maturity Securities: State and municipal bonds $ 12,637 $ 57 $ — $ — $ 12,694 Trading Securities: Mutual funds $ 15,080 $ 1,456 $ — $ — $ 16,536 The following is a summary of investments as of February 1, 2020: Amortized Gross Gross Other-than- Estimated Held-to-Maturity Securities: State and municipal bonds $ 12,532 $ 13 $ (1) $ — $ 12,544 Trading Securities: Mutual funds $ 14,563 $ 1,300 $ — $ — $ 15,863 The amortized cost and fair value of debt securities by contractual maturity as of August 1, 2020 is as follows: Amortized Fair Held-to-Maturity Securities Less than 1 year $ 12,637 $ 12,694 1 - 5 years — — $ 12,637 $ 12,694 As of August 1, 2020 and February 1, 2020, all of the Company's investments in held-to-maturity securities are classified in short-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.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Aug. 01, 2020
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. As of August 1, 2020 and February 1, 2020, the Company held certain assets that are required to be measured at fair value on a recurring basis including its investments in trading securities. 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 Significant Significant August 1, 2020 (Level 1) (Level 2) (Level 3) Total Trading securities (including mutual funds) $ 16,536 $ — $ — $ 16,536 Fair Value Measurements at Reporting Date Using Quoted Prices in Significant Significant February 1, 2020 (Level 1) (Level 2) (Level 3) Total Trading securities (including mutual funds) $ 15,863 $ — $ — $ 15,863 Securities included in Level 1 represent securities which have publicly traded quoted prices. 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 August 1, 2020, the fair value of held-to-maturity securities was $12,694 compared to the carrying amount of $12,637. As of February 1, 2020, the fair value of held-to-maturity securities was $12,544 compared to the carrying amount of $12,532. 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. Given the substantial reduction in the Company's sales (and the related impact on cash flow projections) as a result of store closures due to the COVID-19 pandemic, an impairment assessment was triggered for certain stores as of May 2, 2020. This analysis resulted in $1,000 of store-related asset impairment charges in the fiscal quarter ended May 2, 2020. There was no impairment related to long-lived assets for all other periods presented.

Leases

Leases	6 Months Ended
	Aug. 01, 2020
Leases [Abstract]
Leases	Leases The Company's lease portfolio is primarily comprised of leases for retail store locations. The Company also leases certain equipment and corporate office space. Store leases for new stores typically have an initial term of 10 years, with options to renew for an additional 1 to 5 years. The exercise of lease renewal options is at the Company's sole discretion and is included in the lease term for calculations of its right-of-use assets and liabilities when it is reasonably certain that the Company plans to renew these leases. Certain store lease agreements include rental payments based on a percentage of retail sales over contractual levels and others include rental payments adjusted periodically for inflation. Lease agreements do not contain any residual value guarantees, material restrictive covenants, or options to purchase the leased property. The Company has elected to apply the practical expedient to account for lease components (e.g. fixed payments for rent, insurance, and real estate taxes) and non-lease components (e.g. fixed payments for common area maintenance) together as a single component for all underlying asset classes. Additionally, the Company elected as an accounting policy to exclude short-term leases from the recognition requirements. Given the store closures resulting from the COVID-19 pandemic, the Company paid essentially full rent for the month of April but was then able to negotiate substantial rent deferrals for May and June. Consistent with guidance in the FASB Staff Q&A regarding lease concessions related to the effects of the COVID-19 pandemic, the Company has made the election to treat all lease concessions as though the enforceable rights and obligations existed in each contract and, therefore, will not apply the lease modification guidance in ASC 842. As such, these deferrals had no impact to rent expense during the quarter. Amounts deferred and payable in future periods have been included in "accounts payable" on the Company's condensed consolidated balance sheets Lease expense is included in cost of sales in the condensed consolidated statements of income. The components of total lease cost are as follows: Thirteen Weeks Ended Twenty-Six Weeks Ended August 1, August 3, August 1, August 3, Operating lease cost $ 24,431 $ 21,680 $ 49,021 $ 43,226 Variable lease cost (a) 1,667 8,592 6,156 17,836 Total lease cost $ 26,098 $ 30,272 $ 55,177 $ 61,062 (a) Includes variable payments related to both lease and non-lease components, such as contingent rent payments based on performance and payments related to taxes, insurance, and maintenance costs. Also includes payments related to short-term leases with periods of less than twelve months. Supplemental cash flow information related to leases is as follows: Thirteen Weeks Ended Twenty-Six Weeks Ended August 1, August 3, August 1, August 3, Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 15,175 $ 21,746 $ 40,210 $ 43,265 Right-of-use assets obtained in exchange for new lease obligations: Operating leases $ 2,590 $ 5,678 $ 5,970 $ 6,096 The Company uses its incremental borrowing rate as the discount rate to determine the present value of lease payments. As of August 1, 2020, the weighted-average remaining lease term was 4.9 years and the weighted-average discount rate was 3.8%. The table below reconciles undiscounted future lease payments (e.g. fixed payments for rent, insurance, real estate taxes, and common area maintenance) for each of the next five fiscal years and the total of the remaining years to the operating lease liabilities recorded on the condensed consolidated balance sheet as of August 1, 2020: Fiscal Year Operating Leases (a) 2020 (remaining) $ 49,812 2021 85,018 2022 72,577 2023 59,489 2024 44,381 Thereafter 54,770 Total lease payments 366,047 Less: Imputed interest 32,790 Total operating lease liability $ 333,257

Supplemental Cash Flow Informat

Supplemental Cash Flow Information	6 Months Ended
	Aug. 01, 2020
Supplemental Cash Flow Elements [Abstract]
Supplemental Cash Flow Information	Supplemental Cash Flow Information The Company had non-cash investing activities during the twenty-six week periods ended August 1, 2020 and August 3, 2019 of $83 and ($3), 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 $476 and $559 as of August 1, 2020 and February 1, 2020, 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 twenty-six week periods ended August 1, 2020 and August 3, 2019 of $11,349 and $20,611, respectively.

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Aug. 01, 2020
Share-based Payment Arrangement [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 August 1, 2020, 731,803 shares were available for grant under the Company’s various restricted stock plans, of which 632,242 shares were available for grant to executive officers. Compensation expense was recognized during fiscal 2020 and fiscal 2019 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 Twenty-Six Weeks Ended August 1, August 3, August 1, August 3, Stock-based compensation expense, before tax $ 1,676 $ 1,235 $ 2,633 $ 2,533 Stock-based compensation expense, after tax $ 1,265 $ 932 $ 1,988 $ 1,912 Non-vested shares of common stock granted during the twenty-six week periods ended August 1, 2020 and August 3, 2019 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 A summary of the Company’s stock-based compensation activity related to grants of non-vested shares of common stock for the twenty-six week period ended August 1, 2020 is as follows: Shares Weighted Average Non-Vested - beginning of year 507,863 $ 18.23 Granted 370,600 24.41 Forfeited (143,550) 17.39 Vested (41,161) 18.37 Non-Vested - end of quarter 693,752 $ 21.70 As of August 1, 2020, there was $7,058 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 2.1 years. The total fair value of shares vested during the twenty-six week periods ended August 1, 2020 and August 3, 2019 was $744 and $694, respectively. During the twenty-six week period ended August 1, 2020, 143,100 shares (representing one-half of the "performance based" shares granted during fiscal 2019 under the 2005 Restricted Stock Plan) were forfeited because the Company did not achieve all of the performance targets established for the fiscal 2019 grants.

Recently Issued Accounting Pron

Recently Issued Accounting Pronouncements	6 Months Ended
	Aug. 01, 2020
Accounting Changes and Error Corrections [Abstract]
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements In August 2018, the FASB issued ASU 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework - Changes to Disclosure Requirements for Fair Value Measurement, which modifies the disclosure requirements for fair value investments. The amendments are effective for all entities for annual and interim periods in fiscal years beginning after December 15, 2019. This ASU did not have a material impact on the Company's condensed consolidated financial statements for the thirteen and twenty-six week periods ended August 1, 2020.

Basis of Presentation (Policies

Basis of Presentation (Policies)	6 Months Ended
	Aug. 01, 2020
Accounting Policies [Abstract]
Basis of Presentation	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 February 1, 2020, included in The Buckle, Inc.'s 2019 Form 10-K. The condensed consolidated balance sheet as of February 1, 2020 is derived from audited financial statements. For purposes of this report, unless the context otherwise requires, all references herein to the “Company”, “Buckle”, “we”, “us”, or similar terms refer to The Buckle, Inc. and its subsidiary. 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

Revenues (Tables)

Revenues (Tables)	6 Months Ended
	Aug. 01, 2020
Revenue from Contract with Customer [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 Twenty-Six Weeks Ended Merchandise Group August 1, August 3, August 1, August 3, Denims 32.1 % 33.0 % 36.9 % 37.7 % Tops (including sweaters) 30.3 33.8 29.4 31.8 Sportswear/Fashions 15.6 12.8 12.4 10.8 Accessories 9.8 9.7 9.2 9.1 Footwear 9.6 7.6 9.2 7.5 Casual bottoms 0.7 1.0 0.8 1.1 Outerwear 0.3 0.6 0.6 0.7 Other 1.6 1.5 1.5 1.3 100.0 % 100.0 % 100.0 % 100.0 %

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Aug. 01, 2020
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 August 1, 2020 August 3, 2019 Net Income Weighted Per Share Net Income Weighted Per Share Basic EPS $ 34,682 48,714 $ 0.71 $ 16,374 48,550 $ 0.34 Effect of Dilutive Securities: Non-vested shares — 199 — — 210 — Diluted EPS $ 34,682 48,913 $ 0.71 $ 16,374 48,760 $ 0.34 Twenty-Six Weeks Ended Twenty-Six Weeks Ended August 1, 2020 August 3, 2019 Net Income Weighted Per Share Net Income Weighted Per Share Basic EPS $ 22,898 48,719 $ 0.47 $ 31,466 48,551 $ 0.65 Effect of Dilutive Securities: Non-vested shares — 199 — — 196 — Diluted EPS $ 22,898 48,918 $ 0.47 $ 31,466 48,747 $ 0.65 (a) Shares in thousands.

Investments (Tables)

Investments (Tables)	6 Months Ended
	Aug. 01, 2020
Schedule of Investments [Abstract]
Schedule of investments, cost and fair value	The following is a summary of investments as of August 1, 2020: Amortized Gross Gross Other-than- Estimated Held-to-Maturity Securities: State and municipal bonds $ 12,637 $ 57 $ — $ — $ 12,694 Trading Securities: Mutual funds $ 15,080 $ 1,456 $ — $ — $ 16,536 The following is a summary of investments as of February 1, 2020: Amortized Gross Gross Other-than- Estimated Held-to-Maturity Securities: State and municipal bonds $ 12,532 $ 13 $ (1) $ — $ 12,544 Trading Securities: Mutual funds $ 14,563 $ 1,300 $ — $ — $ 15,863
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 August 1, 2020 is as follows: Amortized Fair Held-to-Maturity Securities Less than 1 year $ 12,637 $ 12,694 1 - 5 years — — $ 12,637 $ 12,694

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Aug. 01, 2020
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 Significant Significant August 1, 2020 (Level 1) (Level 2) (Level 3) Total Trading securities (including mutual funds) $ 16,536 $ — $ — $ 16,536 Fair Value Measurements at Reporting Date Using Quoted Prices in Significant Significant February 1, 2020 (Level 1) (Level 2) (Level 3) Total Trading securities (including mutual funds) $ 15,863 $ — $ — $ 15,863

Leases (Tables)

Leases (Tables)	6 Months Ended
	Aug. 01, 2020
Leases [Abstract]
Components of total lease cost	Lease expense is included in cost of sales in the condensed consolidated statements of income. The components of total lease cost are as follows: Thirteen Weeks Ended Twenty-Six Weeks Ended August 1, August 3, August 1, August 3, Operating lease cost $ 24,431 $ 21,680 $ 49,021 $ 43,226 Variable lease cost (a) 1,667 8,592 6,156 17,836 Total lease cost $ 26,098 $ 30,272 $ 55,177 $ 61,062 (a) Includes variable payments related to both lease and non-lease components, such as contingent rent payments based on performance and payments related to taxes, insurance, and maintenance costs. Also includes payments related to short-term leases with periods of less than twelve months.
Supplemental cash flow information related to leases	Supplemental cash flow information related to leases is as follows: Thirteen Weeks Ended Twenty-Six Weeks Ended August 1, August 3, August 1, August 3, Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 15,175 $ 21,746 $ 40,210 $ 43,265 Right-of-use assets obtained in exchange for new lease obligations: Operating leases $ 2,590 $ 5,678 $ 5,970 $ 6,096
Undiscounted future lease payment liabilities	The table below reconciles undiscounted future lease payments (e.g. fixed payments for rent, insurance, real estate taxes, and common area maintenance) for each of the next five fiscal years and the total of the remaining years to the operating lease liabilities recorded on the condensed consolidated balance sheet as of August 1, 2020: Fiscal Year Operating Leases (a) 2020 (remaining) $ 49,812 2021 85,018 2022 72,577 2023 59,489 2024 44,381 Thereafter 54,770 Total lease payments 366,047 Less: Imputed interest 32,790 Total operating lease liability $ 333,257

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	6 Months Ended
	Aug. 01, 2020
Share-based Payment Arrangement [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 Twenty-Six Weeks Ended August 1, August 3, August 1, August 3, Stock-based compensation expense, before tax $ 1,676 $ 1,235 $ 2,633 $ 2,533 Stock-based compensation expense, after tax $ 1,265 $ 932 $ 1,988 $ 1,912
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 twenty-six week period ended August 1, 2020 is as follows: Shares Weighted Average Non-Vested - beginning of year 507,863 $ 18.23 Granted 370,600 24.41 Forfeited (143,550) 17.39 Vested (41,161) 18.37 Non-Vested - end of quarter 693,752 $ 21.70

Revenues (Narrative) (Details)

Revenues (Narrative) (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Aug. 01, 2020storestate	Aug. 03, 2019storestate	Aug. 01, 2020USD ($)statestoresegment	Aug. 03, 2019statestore
Product Information [Line Items]
Number of stores (store)	446	449	446	449
Percentage of net sales	100.00%	100.00%	100.00%	100.00%
Number of reportable segments (segment) | segment			1
Number of states in which stores are located (state) | state	42	42	42	42
New stores opened during the period (store)	3	1	3	1
Stores substantially remodeled during the period (store)	0	2	1	3
Stores closed during the period (store)	3	1	5	2
Online revenues [Member]
Product Information [Line Items]
Impact on revenue | $			$ 30,555
Impact on revenue, percentage			64.30%
Revenue [Member] | Online revenues [Member]
Product Information [Line Items]
Revenue segment greater than 10 percent	21.30%	11.30%	23.60%	11.70%
Covid-19 [Member]
Product Information [Line Items]
Reopened Stores	431		431
Impact on revenue | $			$ (73,692)
Impact on revenue, percentage			(18.20%)
Number of closed stores	15		15
Covid-19 [Member] | Reclosed stores [Member] | CALIFORNIA
Product Information [Line Items]
Number of closed stores	13		13
Covid-19 [Member] | Damaged stores [Member]
Product Information [Line Items]
Number of closed stores	2		2

Revenues (Information Regarding

Revenues (Information Regarding Major Product Lines) (Details)	3 Months Ended		6 Months Ended
	Aug. 01, 2020	Aug. 03, 2019	Aug. 01, 2020	Aug. 03, 2019
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	32.10%	33.00%	36.90%	37.70%
Tops (including sweaters) [Member]
Product Information [Line Items]
Percentage of net sales	30.30%	33.80%	29.40%	31.80%
Sportswear / Fashions [Member]
Product Information [Line Items]
Percentage of net sales	15.60%	12.80%	12.40%	10.80%
Accessories [Member]
Product Information [Line Items]
Percentage of net sales	9.80%	9.70%	9.20%	9.10%
Footwear [Member]
Product Information [Line Items]
Percentage of net sales	9.60%	7.60%	9.20%	7.50%
Casual Bottoms [Member]
Product Information [Line Items]
Percentage of net sales	0.70%	1.00%	0.80%	1.10%
Outerwear [Member]
Product Information [Line Items]
Percentage of net sales	0.30%	0.60%	0.60%	0.70%
Other [Member]
Product Information [Line Items]
Percentage of net sales	1.60%	1.50%	1.50%	1.30%

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Aug. 01, 2020	Aug. 03, 2019	Aug. 01, 2020	Aug. 03, 2019
Income
Basic EPS, Income	$ 34,682	$ 16,374	$ 22,898	$ 31,466
Effect of dilutive non-vested shares, Income	0	0	0	0
Diluted EPS, Income	$ 34,682	$ 16,374	$ 22,898	$ 31,466
Weighted Average Shares
Basic EPS, Weighted Average Shares (shares)	48,714	48,550	48,719	48,551
Effect of dilutive non-vested shares, Weighted Average Shares (shares)	199	210	199	196
Diluted EPS, Weighted Average Shares (shares)	48,913	48,760	48,918	48,747
Per Share Amount
Basic EPS, Per Share Amount (dollars per share)	$ 0.71	$ 0.34	$ 0.47	$ 0.65
Effect of dilutive non-vested shares, Per Share Amount (dollars per share)	0	0	0	0
Diluted EPS, Per Share Amount (dollars per share)	$ 0.71	$ 0.34	$ 0.47	$ 0.65

Investments (Schedule of Invest

Investments (Schedule of Investments) (Details) - USD ($) $ in Thousands	Aug. 01, 2020	Feb. 01, 2020
Held-to-maturity Securities [Abstract]
Held-to-Maturity Securities, Amortized Cost or Par Value	$ 12,637	$ 12,532
Held-to-Maturity Securities, Estimated Fair Value	12,694	12,544
State and municipal bonds [Member]
Held-to-maturity Securities [Abstract]
Held-to-Maturity Securities, Amortized Cost or Par Value	12,637	12,532
Held-to-Maturity Securities, Gross Unrealized Gains	57	13
Held-to-Maturity Securities, Gross Unrealized Losses	0	(1)
Held-to-Maturity Securities, Other-than-Temporary Impairment	0	0
Held-to-Maturity Securities, Estimated Fair Value	12,694	12,544
Mutual funds [Member]
Trading Securities [Abstract]
Trading Securities, Amortized Cost or Par Value	15,080	14,563
Trading Securities, Gross Unrealized Gains	1,456	1,300
Trading Securities, Gross Unrealized Losses	0	0
Trading Securities, Other-than-Temporary Impairment	0	0
Trading Securities, Estimated Fair Value	$ 16,536	$ 15,863

Investments (Held-To-Maturity S

Investments (Held-To-Maturity Securities) (Details) - USD ($) $ in Thousands	Aug. 01, 2020	Feb. 01, 2020
Contractual maturities of held-to-maturity securities, at amortized cost:
Less than 1 year, Amortized Cost	$ 12,637
1 - 5 years, Amortized Cost	0
Held-to-Maturity Securities, Amortized Cost	12,637
Contractual maturities of held-to-maturity securities, at fair values:
Less than 1 year, Fair Value	12,694
1 - 5 years, Fair Value	0
Held-to-Maturity Securities, Estimated Fair Value	$ 12,694	$ 12,544

Fair Value Measurements (Recurr

Fair Value Measurements (Recurring Basis) (Details) - Mutual funds [Member] - USD ($) $ in Thousands	Aug. 01, 2020	Feb. 01, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading securities (including mutual funds)	$ 16,536	$ 15,863
Fair Value Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading securities (including mutual funds)	16,536	15,863
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]
Trading securities (including mutual funds)	16,536	15,863
Fair Value Measurements, Recurring [Member] | Significant Observable Inputs (Level 2) [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]
Trading securities (including mutual funds)	$ 0	$ 0

Fair Value Measurements (Narrat

Fair Value Measurements (Narrative) (Details) - USD ($)	3 Months Ended
	May 02, 2020	Aug. 01, 2020	Feb. 01, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Held-to-maturity securities, fair value		$ 12,694,000	$ 12,544,000
Held-to-maturity securities, carrying value		$ 12,637,000	$ 12,532,000
Covid-19 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed asset impairment charges	$ 1,000

Leases (Narrative) (Details)

Leases (Narrative) (Details)	Aug. 01, 2020
Lessee, Lease, Description [Line Items]
Store lease, typical initial term	10 years
Operating lease, weighted average remaining lease term	4 years 10 months 24 days
Operating lease, weighted average discount rate	3.80%
Minimum [Member]
Lessee, Lease, Description [Line Items]
Store lease, typical renewal term	1 year
Maximum [Member]
Lessee, Lease, Description [Line Items]
Store lease, typical renewal term	5 years

Leases (Components of total lea

Leases (Components of total lease cost) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Aug. 01, 2020	Aug. 03, 2019	Aug. 01, 2020	Aug. 03, 2019
Leases [Abstract]
Operating lease cost	$ 24,431	$ 21,680	$ 49,021	$ 43,226
Variable lease cost	1,667	8,592	6,156	17,836
Total lease cost	$ 26,098	$ 30,272	$ 55,177	$ 61,062

Leases (Supplemental cash flow

Leases (Supplemental cash flow information related to leases) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Aug. 01, 2020	Aug. 03, 2019	Aug. 01, 2020	Aug. 03, 2019
Leases [Abstract]
Operating cash flows from operating leases	$ 15,175	$ 21,746	$ 40,210	$ 43,265
Right-of-use assets obtained in exchange for operating lease liability	$ 2,590	$ 5,678	$ 5,970	$ 6,096

Leases (Undiscounted future lea

Leases (Undiscounted future lease payment liabilities) (Details) $ in Thousands	Aug. 01, 2020USD ($)
Lessee, Operating Lease, Liability, Payment, Due [Abstract]
Payments due remainder of fiscal year	$ 49,812
Payments due year one	85,018
Payments due year two	72,577
Payments due year three	59,489
Payments due year four	44,381
Payments due after year four	54,770
Total lease payments	366,047
Less: Imputed interest	32,790
Total operating lease liability	333,257
Total lease payments, leases signed not commenced	$ 925

Supplemental Cash Flow Inform_2

Supplemental Cash Flow Information (Details) - USD ($) $ in Thousands	6 Months Ended
	Aug. 01, 2020	Aug. 03, 2019	Feb. 01, 2020
Supplemental Cash Flow Elements [Abstract]
Non-cash investing activities - change in unpaid purchases of property, plant and equipment	$ 83	$ (3)
Current liability for unpaid purchases of property, plant and equipment	476		$ 559
Cash paid for income taxes	$ 11,349	$ 20,611

Stock-Based Compensation (Narra

Stock-Based Compensation (Narrative) (Details) - Restricted Stock [Member] - USD ($) $ in Thousands	6 Months Ended
	Aug. 01, 2020	Aug. 03, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares available for grant (shares)	731,803
Unrecognized compensation expense	$ 7,058
Expected weighted average period of unrecognized compensation expense recognition (years)	2 years 1 month 6 days
Total fair value of shares vested	$ 744	$ 694
Forfeited (shares)	143,550
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)	632,242
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)	143,100
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		6 Months Ended
	Aug. 01, 2020	Aug. 03, 2019	Aug. 01, 2020	Aug. 03, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense, before tax	$ 1,676	$ 1,235	$ 2,633	$ 2,533
Stock-based compensation expense, after tax	$ 1,265	$ 932	$ 1,988	$ 1,912

Stock-Based Compensation (Non-v

Stock-Based Compensation (Non-vested Shares) (Details) - Restricted Stock [Member]	6 Months Ended
	Aug. 01, 2020$ / 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	507,863
Granted (shares) | shares	370,600
Forfeited (shares) | shares	(143,550)
Vested (shares) | shares	(41,161)
Non-Vested - end of quarter (shares) | shares	693,752
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	$ 18.23
Granted, Weighted Average Grant Date Fair Value (dollars per share) | $ / shares	24.41
Forfeited, Weighted Average Grant Date Fair Value (dollars per share) | $ / shares	17.39
Vested, Weighted Average Grant Date Fair Value (dollars per share) | $ / shares	18.37
Non-Vested - end of quarter, Weighted Average Grant Date Fair Value (dollars per share) | $ / shares	$ 21.70