Shoe Carnival (SCVL) 10-K 2 Apr 18 2017 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Feb. 03, 2018	Mar. 23, 2018	Jul. 29, 2017
Document and Entity Information [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Feb. 3, 2018
Entity Registrant Name	SHOE CARNIVAL INC
Entity Central Index Key	895,447
Current Fiscal Year End Date	--02-03
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	FY
Entity Filer Category	Accelerated Filer
Entity Current Reporting Status	Yes
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Common Stock, Shares Outstanding		16,471,994
Entity Public Float			$ 208,058,714

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Feb. 03, 2018	Jan. 28, 2017
Current Assets:
Cash and cash equivalents	$ 48,254	$ 62,944
Accounts receivable	6,270	4,424
Merchandise inventories	260,500	279,646
Other	5,562	4,737
Total Current Assets	320,586	351,751
Property and equipment - net	86,276	96,216
Deferred income taxes	8,182	9,600
Other noncurrent assets	536	911
Total Assets	415,580	458,478
Current Liabilities:
Accounts payable	41,739	67,808
Accrued and other liabilities	15,045	18,488
Total Current Liabilities	56,784	86,296
Deferred lease incentives	29,024	30,751
Accrued rent	10,132	11,255
Deferred compensation	11,372	10,465
Other	966	829
Total Liabilities	108,278	139,596
Shareholders' Equity:
Common stock, $.01 par value, 50,000,000 shares authorized, 20,529,227 and 20,569,198 shares issued, respectively	205	206
Additional paid-in capital	65,458	65,272
Retained earnings	326,738	312,641
Treasury stock, at cost, 3,582,068 and 2,433,925 shares, respectively	(85,099)	(59,237)
Total Shareholders' Equity	307,302	318,882
Total Liabilities and Shareholders' Equity	$ 415,580	$ 458,478

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Feb. 03, 2018	Jan. 28, 2017
Statement of Financial Position [Abstract]
Common stock, par value per share	$ 0.01	$ 0.01
Common stock, shares authorized	50,000,000	50,000,000
Common stock, shares issued	20,529,227	20,569,198
Treasury shares, shares	3,582,068	2,433,925

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Income Statement [Abstract]
Net sales	$ 1,019,154	$ 1,001,102	$ 983,968
Cost of sales (including buying, distribution and occupancy costs)	722,885	711,867	693,452
Gross profit	296,269	289,235	290,516
Selling, general and administrative expenses	258,568	251,323	243,883
Operating income	37,701	37,912	46,633
Interest income	(4)	(6)	(39)
Interest expense	292	169	168
Income before income taxes	37,413	37,749	46,504
Income tax expense	18,480	14,232	17,737
Net income	$ 18,933	$ 23,517	$ 28,767
Net income per share:
Basic	$ 1.15	$ 1.28	$ 1.45
Diluted	$ 1.15	$ 1.28	$ 1.45
Weighted average shares:
Basic	16,220	18,017	19,417
Diluted	16,227	18,022	19,427

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity - USD ($) shares in Thousands, $ in Thousands	Common Stock [Member]	Additional Paid-In Capital [Member]	Retained Earnings [Member]	Treasury Stock [Member]	Total
Balance at Jan. 31, 2015	$ 207	$ 67,389	$ 270,686	$ (7,084)	$ 331,198
Balance, shares at Jan. 31, 2015	20,673			(381)
Stock option exercises		(125)		$ 280	155
Stock option exercises, shares				15
Dividends			(5,145)		(5,145)
Stock-based compensation income tax benefit		120			120
Employee stock purchase plan purchases		20		$ 216	236
Employee stock purchase plan purchases, shares				10
Restricted stock awards	$ (1)	(3,980)		$ 3,981	0
Restricted stock awards, shares	(69)			212
Shares surrendered by employees to pay taxes on restricted stock				$ (86)	(86)
Shares surrendered by employees to pay taxes on restricted stock, shares				(3)
Purchase of common stock for treasury				$ (18,824)	(18,824)
Purchase of common stock for treasury, shares				(809)
Stock-based compensation expense		3,381			3,381
Net income			28,767		28,767
Balance at Jan. 30, 2016	$ 206	66,805	294,308	$ (21,517)	339,802
Balance, shares at Jan. 30, 2016	20,604			(956)
Dividends			(5,184)		(5,184)
Stock-based compensation income tax benefit		3			3
Employee stock purchase plan purchases		(10)		$ 233	223
Employee stock purchase plan purchases, shares				10
Restricted stock awards		(5,072)		$ 5,072	0
Restricted stock awards, shares	(35)			225
Shares surrendered by employees to pay taxes on restricted stock				$ (421)	(421)
Shares surrendered by employees to pay taxes on restricted stock, shares				(16)
Purchase of common stock for treasury				$ (42,604)	(42,604)
Purchase of common stock for treasury, shares				(1,697)
Stock-based compensation expense		3,546			3,546
Net income			23,517		23,517
Balance at Jan. 28, 2017	$ 206	65,272	312,641	$ (59,237)	318,882
Balance, shares at Jan. 28, 2017	20,569			(2,434)
Adoption of Accounting Standards Update No. 2016-09		(188)	188		0
Stock option exercises		(114)		$ 168	54
Stock option exercises, shares				7
Dividends			(5,024)		(5,024)
Employee stock purchase plan purchases		(44)		$ 249	205
Employee stock purchase plan purchases, shares				10
Restricted stock awards	$ (1)	(4,545)		$ 4,546	0
Restricted stock awards, shares	(40)			139
Shares surrendered by employees to pay taxes on restricted stock				$ (1,027)	(1,027)
Shares surrendered by employees to pay taxes on restricted stock, shares				(45)
Purchase of common stock for treasury				$ (29,798)	(29,798)
Purchase of common stock for treasury, shares				(1,259)
Stock-based compensation expense		5,077			5,077
Net income			18,933		18,933
Balance at Feb. 03, 2018	$ 205	$ 65,458	$ 326,738	$ (85,099)	$ 307,302
Balance, shares at Feb. 03, 2018	20,529			(3,582)

Consolidated Statements of Sha6

Consolidated Statements of Shareholders' Equity (Parenthetical) - $ / shares	12 Months Ended
	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Statement of Stockholders' Equity [Abstract]
Dividends paid, price per share	$ 0.295	$ 0.275	$ 0.255

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Cash Flows From Operating Activities
Net income	$ 18,933	$ 23,517	$ 28,767
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	23,804	23,699	23,078
Stock-based compensation	5,017	3,822	3,702
Loss on retirement and impairment of assets, net	5,511	4,794	1,770
Deferred income taxes	1,418	(1,381)	(3,035)
Lease incentives	4,818	3,825	6,604
Other	(6,993)	(4,619)	(5,171)
Changes in operating assets and liabilities:
Accounts receivable	(951)	(2,293)	588
Merchandise inventories	19,146	13,232	(5,001)
Accounts payable and accrued liabilities	(30,132)	(982)	6,530
Other	(223)	175	723
Net cash provided by operating activities	40,348	63,789	58,555
Cash Flows From Investing Activities
Purchases of property and equipment	(19,653)	(21,832)	(27,901)
Proceeds from note receivable	0	0	250
Net cash used in investing activities	(19,653)	(21,832)	(27,651)
Cash Flow From Financing Activities
Borrowings under line of credit	88,600	0	0
Payments on line of credit	(88,600)	0	0
Proceeds from issuance of stock	259	223	391
Dividends paid	(4,819)	(5,028)	(5,037)
Excess tax benefits from stock-based compensation	0	3	90
Purchase of common stock for treasury	(29,798)	(42,604)	(18,824)
Shares surrendered by employees to pay taxes on restricted stock	(1,027)	(421)	(86)
Net cash used in financing activities	(35,385)	(47,827)	(23,466)
Net (decrease) increase in cash and cash equivalents	(14,690)	(5,870)	7,438
Cash and cash equivalents at beginning of year	62,944	68,814	61,376
Cash and Cash Equivalents at End of Year	48,254	62,944	68,814
Supplemental disclosures of cash flow information:
Cash paid during year for interest	292	170	168
Cash paid during year for income taxes	16,832	14,696	20,020
Capital expenditures incurred but not yet paid	$ 783	$ 168	$ 677

Organization and Description of

Organization and Description of Business	12 Months Ended
	Feb. 03, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and Description of Business	Note 1 – Organization and Description of Business Our consolidated financial statements include the accounts of Shoe Carnival, Inc. and its wholly-owned subsidiaries SCHC, Inc. and Shoe Carnival Ventures, LLC, and SCLC, Inc., a wholly-owned subsidiary of SCHC, Inc. (collectively referred to as “we”, “our”, “us” or the “Company”). All intercompany accounts and transactions have been eliminated. Our primary activity is the sale of footwear and related products through our retail stores in 35 states within the continental United States and in Puerto Rico. We also offer online shopping on our e-commerce site at www.shoecarnival.com.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Feb. 03, 2018
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 2 – Summary of Significant Accounting Policies Fiscal Year Our fiscal year is a 52/53 week year ending on the Saturday closest to January 31. Unless otherwise stated, references to years 2017, 2016 and 2015 relate to the fiscal years ended February 3, 2018, January 28, 2017 and January 30, 2016, respectively. Fiscal year 2017 consisted of 53 weeks and the other fiscal years consisted of 52 weeks. Use of Estimates in the Preparation of Consolidated Financial Statements The preparation of our consolidated financial statements in conformity with generally accepted accounting principles in the United States of America requires management to make estimates and assumptions that affect the reported amounts of certain assets and liabilities as of the financial statement reporting date in addition to the reported amounts of certain revenues and expenses for the reporting period. The assumptions used by management in future estimates could change significantly due to changes in circumstances and actual results could differ from those estimates. Cash and Cash Equivalents We had cash and cash equivalents of $48.3 million at February 3, 2018 and $62.9 million at January 28, 2017. Credit and debit card receivables and receivables due from a third-party totaling $5.4 million and $4.9 million were included in cash equivalents at February 3, 2018 and January 28, 2017, respectively. Credit and debit card receivables generally settle within three days; receivables due from a third-party generally settle within 15 days. We consider all short-term investments with an original maturity date of three months or less to be cash equivalents. As of January 28, 2017, all invested cash was held in a money market account. There was no invested cash as of February 3, 2018. While investments are not considered by management to be at significant risk, they could be impacted if the underlying financial institutions fail or are subject to other adverse conditions in the financial markets. To date, we have experienced no loss or lack of access to either invested cash or cash held in our bank accounts. Fair Value of Financial Instruments and Non-Financial Assets Our financial assets as of February 3, 2018 and January 28, 2017 included cash and cash equivalents. The carrying value of cash and cash equivalents approximates fair value due to its short-term nature. We did not have any financial liabilities measured at fair value for these periods. Non-financial assets measured at fair value included on our consolidated balance sheet as of February 3, 2018 and of January 28, 2017 were those long-lived assets for which an impairment charge has been recorded. We did not have any non-financial liabilities measured at fair value for these periods. See Note 3 – “Fair Value Measurements” for further discussion. Merchandise Inventories and Cost of Sales Merchandise inventories are stated at the lower of cost or net realizable value using the first-in, first-out (FIFO) method. For determining market value, we estimate the future demand and related sale price of merchandise contained in inventory as of the balance sheet date. The stated value of merchandise inventories contained on our consolidated balance sheets also includes freight, certain capitalized overhead costs and reserves. Factors considered in determining if our inventory is properly stated at the lower of cost or net realizable value includes, among others, recent sale prices, the length of time merchandise has been held in inventory, quantities of various styles held in inventory, seasonality of merchandise, expected consideration to be received from our vendors and current and expected future sales trends. We reduce the value of our inventory to its estimated net realizable value where cost exceeds the estimated future selling price. Material changes in the factors previously noted could have a significant impact on the actual net realizable value of our inventory and our reported operating results. Cost of sales includes the cost of merchandise sold, buying, distribution, and occupancy costs, inbound freight expense, provision for inventory obsolescence, inventory shrink and credits and allowances from merchandise vendors. Cost of sales related to our e-commerce orders include charges paid to a third party service provider in addition to the freight expense for delivering merchandise to our customer. Property and Equipment-Net Property and equipment is stated at cost. Depreciation and amortization of property, equipment and leasehold improvements are taken on the straight-line method over the shorter of the estimated useful lives of the assets or the applicable lease terms. Lives used in computing depreciation and amortization range from two to twenty years. Expenditures for maintenance and repairs are charged to expense as incurred. Expenditures that materially increase values, improve capacities or extend useful lives are capitalized. Upon sale or retirement, the costs and related accumulated depreciation or amortization are eliminated from the respective accounts and any resulting gain or loss is included in operations. We periodically evaluate our long-lived assets if events or circumstances indicate the carrying value may not be recoverable. The carrying value of long-lived assets is considered impaired when the carrying value of the assets exceeds the expected future cash flows to be derived from their use. Assets are grouped, and the evaluation performed, at the lowest level for which there are identifiable cash flows, which is generally at a store level. If the estimated, undiscounted future cash flows for a store are determined to be less than the carrying value of the store’s assets, an impairment loss is recorded for the difference between estimated fair value and carrying value. Assets subject to impairment are adjusted to estimated fair value and, if applicable, an impairment loss is recorded in selling, general and administrative expenses. We estimate the fair value of our long-lived assets using store specific cash flow assumptions discounted by a rate commensurate with the risk involved with such assets while incorporating marketplace assumptions. Our assumptions and estimates used in the evaluation of impairment, including current and future economic trends for stores, are subject to a high degree of judgment. If actual operating results or market conditions differ from those anticipated, the carrying value of certain of our assets may prove unrecoverable and we may incur additional impairment charges in the future. Our evaluations resulted in the recording of non-cash impairment charges of approximately $5.1 million and $4.5 million in fiscal years 2017 and 2016, respectively. Insurance Reserves We self-insure a significant portion of our workers’ compensation, general liability and employee health care costs and also maintain insurance in each area of risk, protecting us from individual and aggregate losses over specified dollar values. We review the liability reserved for our self-insured portions on a quarterly basis, taking into consideration a number of factors, including historical claims experience, severity factors, statistical trends and, in certain instances, valuation assistance provided by independent third parties. Self-insurance reserves include estimates of claims filed, carried at their expected ultimate settlement value, and claims incurred but not yet reported. As of February 3, 2018 and January 28, 2017, our self-insurance reserves totaled $3.6 million and $3.4 million, respectively. We record self-insurance reserves as a component of selling, general and administrative expenses in our Consolidated Statements of Income. While we believe that the recorded amounts are adequate, there can be no assurance that changes to management’s estimates will not occur due to limitations inherent in the estimating process. If actual results are not consistent with our estimates or assumptions, we may be exposed to losses or gains that could be material. Deferred Lease Incentives All cash incentives received from landlords are recorded as deferred income and amortized over the life of the lease on a straight-line basis as a reduction of rental expense. Accrued Rent We are party to various lease agreements, which require scheduled rent increases over the initial lease term. Rent expense for such leases is recognized on a straight-line basis over the initial lease term beginning the earlier of the start date of the lease or when we take possession of the property. The difference between rent based upon scheduled monthly payments and rent expense recognized on a straight-line basis is recorded as accrued rent. Revenue Recognition Revenue from sales of merchandise at our store locations is recognized at the time of sale. We record revenue from our e-commerce sales, including shipping and handling fees, based on an estimated customer receipt date. Our sales are recorded exclusive of sales tax. In the regular course of business, we offer our customers sales incentives including coupons, discounts, and free merchandise. Sales are recorded net of such incentives and returns and allowances. If an incentive involves free merchandise, that merchandise is recorded as a zero sale and the cost is included in cost of sales. Gift card revenue is recognized at the time of redemption. Consideration Received From a Vendor Consideration received from our vendors includes co-operative advertising/promotion, margin assistance, damage allowances and rebates earned for a specific level of purchases over a defined period. Consideration principally takes the form of credits that we can apply against trade amounts owed. Consideration received after the related merchandise has been sold is recorded as an offset to cost of sales in the period negotiations are finalized. For consideration received on merchandise still in inventory, the allowance is recorded as a reduction to the cost of on-hand inventory and recorded as a reduction of our cost of sales at the time of sale. Should the allowances received exceed the incremental cost, then the excess consideration is recorded as a reduction to the cost of on-hand inventory and allocated to cost of sales in future periods utilizing an average inventory turn rate. Store Opening and Start-up Costs Non-capital expenditures, such as advertising, payroll, supplies and rent, incurred prior to the opening of a new store are charged to expense in the period they are incurred. Advertising Costs Print, television, radio, outdoor and digital media costs are generally expensed when incurred. Internal production costs are expensed when incurred and external production costs are expensed in the period the advertisement first takes place. Advertising expenses included in selling, general and administrative expenses were $40.1 million, $42.9 million and $42.1 million in fiscal years 2017, 2016 and 2015, respectively. Stock-Based Compensation We recognize compensation expense for stock-based awards based on a fair value based method. Stock-based awards may include stock options, stock appreciation rights, restricted stock, stock units and other stock-based awards under our stock-based compensation plans. Additionally, we recognize stock-based compensation expense for the discount on shares sold to employees through our employee stock purchase plan. This discount represents the difference between the market price and the employee purchase price. Stock-based compensation expense is included in selling, general and administrative expense. We account for forfeitures as they occur in calculating stock-based compensation expense for the period. For performance-based stock awards, we estimate the probability of vesting based on the likelihood that the awards will meet their performance goals. Segment Information We have identified each retail store and our e-commerce store as individual operating segments. Our operating segments have been aggregated and are reported as one reportable segment based on the similar nature of products sold, merchandising and distribution processes involved, target customers and economic characteristics. Due to our multi-channel retailer strategy, we view our e-commerce sales as an extension of our physical stores. Income Taxes We compute income taxes using the asset and liability method, under which deferred income taxes are provided for the temporary differences between the financial reporting basis and the tax basis of our assets and liabilities. Deferred tax assets are reduced, if necessary, by a valuation allowance to the extent future realization of those tax benefits are uncertain. We account for uncertain tax positions in accordance with current authoritative guidance and report a liability for unrecognized tax benefits resulting from uncertain tax positions taken or expected to be taken in a tax return. We recognize interest expense and penalties, if any, related to uncertain tax positions in income tax expense. On December 22, 2017, the U.S. government enacted the Tax Act, which made significant changes to the Internal Revenue Code of 1986, as amended, including, but not limited to, reducing the U.S. corporate statutory tax rate and eliminating or limiting deduction of several expenses which were previously deductible. We calculated our best estimate of the impact of the Tax Act in our fiscal 2017 financial statements in accordance with our understanding of the Tax Act and guidance available as of the filing of this Annual Report on Form 10-K. As a result, we recorded $4.4 million of additional income tax expense in the fourth quarter of 2017, the period in which the legislation was enacted. The amount is related to the remeasurement of certain deferred tax assets and liabilities based on the rates at which they are expected to reverse in the future. We also calculated our fiscal 2017 income tax expense using a blended rate of 33.7%, which is based on the applicable tax rates before and after the Tax Act and the number of days in the fiscal year that the respective tax rates were in effect. We have determined that these provisions are the only provisions of the Tax Act that impact fiscal 2017 results. In accordance with Staff Accounting Bulletin No. 118, any adjustments to the provisional amounts recorded in the fourth quarter of fiscal 2017 will be reported as a component of our income tax provision during the reporting period in which any such adjustments are determined, all of which will be reported no later than the fourth quarter of 2018. We continue to evaluate the impact of the Tax Act. Net Income Per Share The following table sets forth the computation of basic and diluted earnings per share as shown on the face of the accompanying consolidated statements of income. Fiscal Year Ended February 3, 2018 January 28, 2017 January 30, 2016 (In thousands, except per share data) Basic Earnings per Share: Net Income Shares Per Share Amount Net Income Shares Per Share Amount Net Income Shares Per Share Amount Net income $ 18,933 $ 23,517 $ 28,767 Amount allocated to participating securities (250 ) (487 ) (566 ) Net income available for basic common shares and basic earnings per share $ 18,683 16,220 $ 1.15 $ 23,030 18,017 $ 1.28 $ 28,201 19,417 $ 1.45 Diluted Earnings per Share: Net income $ 18,933 $ 23,517 $ 28,767 Amount allocated to participating securities (250 ) (487 ) (566 ) Adjustment for dilutive potential common shares 0 7 0 5 0 10 Net income available for diluted common shares and diluted earnings per share $ 18,683 16,227 $ 1.15 $ 23,030 18,022 $ 1.28 $ 28,201 19,427 $ 1.45 Our basic and diluted earnings per share are computed using the two-class method. The two-class method is an earnings allocation that determines net income per share for each class of common stock and participating securities according to their participation rights in dividends and undistributed earnings or losses. Non-vested restricted stock awards that include non-forfeitable rights to dividends are considered participating securities. During periods of undistributed losses however, no effect is given to our participating securities since they do not share in the losses. Per share amounts are computed by dividing net income available to common shareholders by the weighted average shares outstanding during each period. No options to purchase shares of common stock were excluded in the computation of diluted shares for the periods presented. New Accounting Pronouncements In May 2014, the Financial Accounting Standards Board (“FASB”) issued guidance on the recognition of revenue for all contracts with customers designed to improve comparability and enhance financial statement disclosures. Subsequently, the FASB has also issued accounting standards updates which clarify the guidance. The underlying principle of this comprehensive model is that revenue is recognized to depict the transfer of promised goods or services to customers in an amount that reflects the payment to which the company expects to be entitled in exchange for those goods or services. In August 2015, the FASB subsequently issued guidance which approved a one year deferral of the guidance until annual reporting periods (including interim reporting periods within those periods) beginning after December 15, 2017. We finalized our assessment of the new guidance, which we adopted on February 4, 2018, using a modified retrospective transition approach. Our new policy outlines a single, comprehensive model for accounting for revenue from contracts with customers. Based on this assessment, our review indicated cumulative-effect adjustments were required in connection with revenue for our multi-channel business and recognition of breakage revenue for unredeemed gift cards. These adjustments to beginning retained earnings did not have a material impact on our consolidated financial position, results of operations or cash flows as of the adoption date. Other areas impacted by the guidance include sales attributable to our loyalty program, in which points earned will be accounted for as a separate performance obligation and deferred using an estimated standalone selling price, and customer merchandise returns, in which estimated returns will be presented as both an asset, equal to the cost of inventory, and a corresponding return liability, compared to the current practice of recording an estimated net return liability. We will also present enhanced disclosures beginning in the first quarter of fiscal 2018. In July 2015, the FASB issued guidance on simplifying the measurement of inventory by requiring inventory to be measured at the lower of cost or net realizable value. We adopted the provisions of this guidance on January 29, 2017. The adoption of this guidance did not have a material impact on our consolidated financial position, results of operations or cash flows. In February 2016, the FASB issued guidance which will replace most existing lease accounting guidance. This update requires an entity to recognize leased assets and the rights and obligations created by those leased assets on the balance sheet and to disclose key information about the entity’s leasing arrangements. The guidance will be effective at the beginning of fiscal 2019, including interim periods within that fiscal year, and will be applied on a modified retrospective basis. We are evaluating the impact of this guidance on our consolidated financial position, results of operations and cash flows. The adoption of the guidance will require us to recognize right-of-use assets and lease liabilities that will be material to our consolidated balance sheet. In March 2016, the FASB issued guidance intended to simplify several areas of accounting for share-based compensation arrangements, including the income tax impact, classification in the statement of cash flows and forfeitures. We adopted the provisions of this guidance on January 29, 2017. As a result of this adoption, all tax-related cash flows resulting from share-based payments in fiscal 2017 are presented as operating activities on the statements of cash flows, as we elected to adopt this portion of the guidance on a prospective basis. Additionally, we made an accounting policy election to account for forfeitures when they occur rather than estimating the number of awards that are expected to vest. As a result of this election, we recorded a cumulative-effect benefit of $188,000 to retained earnings as of the date of adoption. In May 2017, the FASB issued guidance which clarifies what constitutes a modification of a share-based payment award. We adopted the provisions of this guidance on February 4, 2018. The adoption of this guidance did not have a material impact on our condensed consolidated financial position, results of operations or cash flows.

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Feb. 03, 2018
Fair Value Disclosures [Abstract]
Fair Value Measurements	Note 3 – Fair Value Measurements The accounting standards related to fair value measurements define fair value and provide a consistent framework for measuring fair value under the authoritative literature. Valuation techniques are based on observable and unobservable inputs. Observable inputs reflect readily obtainable data from independent sources, while unobservable inputs reflect market assumptions. This guidance only applies when other standards require or permit the fair value measurement of assets and liabilities. The guidance does not expand the use of fair value measurements. A fair value hierarchy was established, which prioritizes the inputs used in measuring fair value into three broad levels. ● Level 1 – Quoted prices in active markets for identical assets or liabilities; ● Level 2 – Observable market-based inputs or unobservable inputs that are corroborated by market data; ● Level 3 – Significant unobservable inputs that are not corroborated by market data. Generally, these fair value measures are model-based valuation techniques such as discounted cash flows, and are based on the best information available, including our own data. Fair values of our long-lived assets are estimated using an income-based approach and are classified within Level 3 of the valuation hierarchy. The following table presents assets that are measured at fair value on a recurring basis at February 3, 2018 and January 28, 2017. We have no material liabilities measured at fair value on a recurring or non-recurring basis. Fair Value Measurements (In thousands) Level 1 Level 2 Level 3 Total As of February 3, 2018: Cash equivalents – money market account $ 0 $ 0 $ 0 $ 0 As of January 28, 2017: Cash equivalents – money market account $ 114 $ 0 $ 0 $ 114 The fair values of cash, receivables, accounts payable, accrued expenses and other current liabilities approximate their carrying values because of their short-term nature. From time to time, we measure 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 whenever events or changes in circumstances indicate that recoverability of their carrying value is questionable. If the expected undiscounted 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 estimated fair value and carrying value and recorded in selling, general and administrative expenses. We estimate the fair value of store assets using an income-based approach considering the cash flows expected over the remaining lease term for each location. These projections are primarily based on management’s estimates of store-level sales, gross margins, direct expenses, exercise of future lease renewal options and resulting cash flows and, by their nature, include judgments about how current initiatives will impact future performance. External factors, such as the local environment in which the store resides, including strip-mall traffic and competition, are evaluated in terms of their effect on sales trends. Changes in sales and operating income assumptions or unfavorable changes in external factors can significantly impact the estimated future cash flows. An increase or decrease in the projected cash flow can significantly decrease or increase the fair value of these assets, which would have an effect on the impairment recorded. During the 53 weeks ended February 3, 2018, we recorded an impairment charge of $5.1 million on long-lived assets held and used, which was included in selling, general and administrative expenses for the period. Subsequent to this impairment, these long-lived assets had a remaining unamortized basis of $4.7 million. During the 52 weeks ended January 28, 2017, we recorded an impairment charge of $4.5 million on long-lived assets held and used, which was included in selling, general and administrative expenses for the period. Subsequent to this impairment, these long-lived assets had a remaining unamortized basis of $4.7 million.

Property and Equipment - Net

Property and Equipment - Net	12 Months Ended
	Feb. 03, 2018
Property, Plant and Equipment [Abstract]
Property and Equipment-Net	Note 4 – Property and Equipment - Net The following is a summary of property and equipment: (In thousands) February 3, 2018 January 28, 2017 Furniture, fixtures and equipment $ 154,844 $ 154,391 Leasehold improvements 111,967 110,787 Total 266,811 265,178 Less accumulated depreciation and amortization (180,535 ) (168,962 ) Property and equipment – net $ 86,276 $ 96,216

Accrued and Other Liabilities

Accrued and Other Liabilities	12 Months Ended
	Feb. 03, 2018
Payables and Accruals [Abstract]
Accrued and Other Liabilities	Note 5 – Accrued and Other Liabilities Accrued and other liabilities consisted of the following: (In thousands) February 3, 2018 January 28, 2017 Employee compensation and benefits $ 3,231 $ 4,829 Self-insurance reserves 3,565 3,411 Gift cards 2,382 2,355 Sales and use tax 1,797 1,362 Other 4,070 6,531 Total accrued and other liabilities $ 15,045 $ 18,488

Long-Term Debt

Long-Term Debt	12 Months Ended
	Feb. 03, 2018
Debt Disclosure [Abstract]
Long-Term Debt	Note 6 – Long-Term Debt On March 27, 2017 we entered into a second amendment of our current unsecured credit agreement (the “Credit Agreement”) to extend the expiration date by five years and renegotiate certain terms and conditions. The Credit Agreement continues to provide for up to $50.0 million in cash advances and commercial and standby letters of credit with borrowing limits based on eligible inventory. The Credit Agreement contains covenants which stipulate: (1) Total Shareholders’ Equity will not fall below $250.0 million at the end of each fiscal quarter; (2) the ratio of funded debt plus three times rent to EBITDA plus rent will not exceed 2.5 to 1.0; (3) the aggregate amount of cash dividends for a fiscal year will not exceed $10 million; and, (4) Distributions in the form of redemptions of Equity Interests can be made solely with cash on hand so long as before and immediately after such distributions there are no revolving loans outstanding under the Credit Agreement. Should a default condition be reported, the lenders may preclude additional borrowings and call all loans and accrued interest at their discretion. As of February 3, 2018, there were $1.2 million in letters of credit outstanding and $48.8 million available to us for borrowing under the Credit Agreement. The credit facility bears interest, at our option, at (1) the agent bank’s prime rate as defined in the Credit Agreement plus 1.0% with the prime rate defined as the greater of (a) the Federal Fund rate plus 0.50% or (b) the interest rate announced from time to time by the agent bank as its “prime rate” or (2) LIBOR plus 1.25% to 2.50%, depending on our achievement of certain performance criteria. A commitment fee is charged at 0.20% to 0.35% per annum, depending on our achievement of certain performance criteria, on the unused portion of the bank group’s commitment. The Credit Agreement expires on March 27, 2022.

Leases

Leases	12 Months Ended
	Feb. 03, 2018
Leases [Abstract]
Leases	Note 7 – Leases We lease all of our retail locations and certain equipment under operating leases expiring at various dates through fiscal 2031. Various lease agreements require scheduled rent increases over the initial lease term. Rent expense for such leases is recognized on a straight-line basis over the initial lease term beginning the earlier of the start date of the lease or when we take possession of the property. The difference between rent based upon scheduled monthly payments and rent expense recognized on a straight-line basis is recorded as accrued rent. All incentives received from landlords are recorded as deferred income and amortized over the life of the lease on a straight-line basis as a reduction of rental expense. Certain leases provide for contingent rents that are not measurable at inception. These contingent rents are primarily based on a percentage of sales that are in excess of a predetermined level. These amounts are excluded from minimum rent and are included in the determination of total rent expense when it is probable that the expense has been incurred and the amount is reasonably estimable. Certain leases also contain escalation clauses for increases in operating costs and taxes. Notes to Consolidated Financial Statements – continued There were no assignments of operating leases to third parties in fiscal 2017 or fiscal 2016. We assigned four store operating leases to separate third parties during fiscal 2015. Based on the terms of the assignments, we are not liable to the landlords for any future obligations that should arise in connection with these locations. Rental expense for our operating leases consisted of: (In thousands) 2017 2016 2015 Rentals for real property $ 66,835 $ 65,900 $ 64,244 Contingent rent 70 92 83 Equipment rentals 41 62 59 Total $ 66,946 $ 66,054 $ 64,386 Future minimum lease payments at February 3, 2018 were as follows: (In thousands) Operating Leases 2018 $ 63,010 2019 58,295 2020 48,768 2021 46,810 2022 37,546 Thereafter to 2031 68,594 Total $ 323,023

Income Taxes

Income Taxes	12 Months Ended
	Feb. 03, 2018
Income Tax Disclosure [Abstract]
Income Taxes	Note 8 – Income Taxes The provision for income taxes consisted of: (In thousands) 2017 2016 2015 Current: Federal $ 14,579 $ 13,366 $ 18,366 State 2,241 1,997 2,267 Puerto Rico 242 250 249 Total current 17,062 15,613 20,882 Deferred: Federal 2,383 (153 ) (3,000 ) State (965 ) (1,228 ) (145 ) Puerto Rico 2,500 (1,494 ) (318 ) Total deferred 3,918 (2,875 ) (3,463 ) Valuation allowance (2,500 ) 1,494 318 Total provision $ 18,480 $ 14,232 $ 17,737 We realized expense of $17,800 in fiscal year 2017 and a tax benefit of $2,900 and $120,000 in fiscal years 2016 and 2015, respectively, as a result of the exercise of stock options and the vesting of restricted stock. These amounts were recorded in income in fiscal 2017 and shareholder’s equity in fiscal 2016 and fiscal 2015 due to changes in the guidance for accounting for share-based compensation arrangements. Reconciliation between the statutory federal income tax rate and the effective income tax rate is as follows: Fiscal years 2017 2016 2015 U.S. Federal statutory tax rate 33.7 % 35.0 % 35.0 % State and local income taxes, net of federal tax benefit 3.0 2.1 2.7 Puerto Rico 0.7 0.2 0.3 Valuation allowance (6.7 ) 4.0 0.7 Tax benefit of foreign losses 6.3 (3.6 ) (0.6 ) Remeasurement of deferred tax assets and liabilities due to the Tax Act 11.6 0.0 0.0 Other 0.8 0.0 0.0 Effective income tax rate 49.4 % 37.7 % 38.1 % We recorded $223,000, $224,000 and $327,000 in federal employment related tax credits in fiscal 2017, 2016 and 2015, respectively. Deferred income taxes are the result of temporary differences in the recognition of revenue and expense for tax and financial reporting purposes. The sources of these differences and the tax effect of each are as follows: (In thousands) February 3, 2018 January 28, 2017 Deferred tax assets: Accrued rent $ 2,464 $ 4,333 Accrued compensation 5,752 8,552 Accrued employee benefits 349 555 Inventory 699 1,125 Self-insurance reserves 518 758 Lease incentives 7,145 11,996 Net operating loss carry forward 1,218 3,719 Other 488 638 Total deferred tax assets 18,633 31,676 Valuation allowance (1,217 ) (3,717 ) Total deferred tax assets – net of valuation allowance 17,416 27,959 Deferred tax liabilities: Property and equipment 8,588 17,256 Capitalized costs 646 1,103 Total deferred tax liabilities 9,234 18,359 Long-term deferred income taxes, net $ 8,182 $ 9,600 At the end of fiscal 2017, we estimated foreign net operating loss carry forwards of $3.2 million, which expire between fiscal 2023 and fiscal 2026. At February 3, 2018, we had a valuation allowance of $1.2 million against these net operating losses that would be realizable only upon the generation of future taxable income in the jurisdiction in which the losses were incurred. At February 3, 2018, January 28, 2017 and January 30, 2016, there were no unrecognized tax liabilities or related accrued penalties or interest in Other liabilities on the Consolidated Balance Sheets. On December 22, 2017, the U.S. government enacted the Tax Act, which made significant changes to the Internal Revenue Code of 1986, as amended, including, but not limited to, reducing the U.S. corporate statutory tax rate and eliminating or limiting deduction of several expenses which were previously deductible. We calculated our best estimate of the impact of the Tax Act in our fiscal 2017 financial statements in accordance with our understanding of the Tax Act and guidance available as of the filing of this Annual Report on Form 10-K. As a result, we recorded $4.4 million of additional income tax expense in the fourth quarter of 2017, the period in which the legislation was enacted. The amount is related to the remeasurement of certain deferred tax assets and liabilities based on the rates at which they are expected to reverse in the future. We also calculated our fiscal 2017 income tax expense using a blended rate of 33.7%, which is based on the applicable tax rates before and after the Tax Act and the number of days in the fiscal year that the respective tax rates were in effect. We have determined that these provisions are the only provisions of the Tax Act that impact fiscal 2017 results. In accordance with Staff Accounting Bulletin No. 118 (“SAB 118”), any adjustments to the provisional amounts recorded in the fourth quarter of fiscal 2017 will be reported as a component of our income tax provision during the reporting period in which any such adjustments are determined, all of which will be reported no later than the fourth quarter of 2018. We continue to evaluate the impact of the Tax Act as further discussed below. We are subject to the provisions of income tax guidance which requires that the effect on deferred tax assets and liabilities of a change in tax rates be recognized in the period the tax rate change was enacted. However, in December 2017, the SEC staff issued SAB 118, which provides that companies that have not completed their accounting for the effects of the Tax Act but can determine a reasonable estimate of those effects should include a provisional amount based on their reasonable estimate in their financial statements. Although the $4.4 million of additional income tax expense represents what we believe is a reasonable estimate of the impact of the income tax effects of the Tax Act as of February 3, 2018, it should be considered provisional. In light of the complexity of the Tax Act, we anticipate additional interpretive guidance will be issued by the U.S. Treasury, and adjustments to the provisional amount recorded in the fourth quarter of fiscal 2017 during the one-year measurement period provided by SAB 118 are probable. Once we finalize certain tax positions when we file our 2017 U.S. tax return, we will be able to conclude whether any further adjustments are required to our deferred tax assets and liabilities.

Employee Benefit Plans

Employee Benefit Plans	12 Months Ended
	Feb. 03, 2018
Retirement Benefits [Abstract]
Employee Benefit Plans	Note 9 – Employee Benefit Plans Retirement Savings Plans On February 24, 1994, our Board of Directors approved the Shoe Carnival Retirement Savings Plan (the “Domestic Savings Plan”). The Domestic Savings Plan is open to all employees working in the continental United States who have been employed for at least one year, are at least 21 years of age and who work at least 1,000 hours in a defined year. The primary savings mechanism under the Domestic Savings Plan is a 401(k) plan under which an employee may contribute up to 20% of annual earnings with us matching the first 4% at a rate of 50%. Our contributions to the participants’ accounts become fully vested when the participant reaches their third anniversary of employment with us. Contributions charged to expense were $733,000, $695,000, and $656,000 in fiscal years 2017, 2016, and 2015, respectively. On March 19, 2012, our Board of Directors approved the Shoe Carnival Puerto Rico Savings Plan (the “Puerto Rico Savings Plan”). The Puerto Rico Savings Plan is open to all employees working in Puerto Rico who have been employed for at least one year, are at least 21 years of age and who work at least 1,000 hours in a defined year. This plan is similar to our Domestic Savings Plan whereby an employee may contribute up to 20% of his or her annual earnings, with us matching the first 4% at a rate of 50%. Contributions charged to expense were $18,000, $15,000 and $10,000 in fiscal years 2017, 2016 and 2015, respectively. Stock Purchase Plan On May 11, 1995, our shareholders approved the Shoe Carnival, Inc. Employee Stock Purchase Plan (the “Stock Purchase Plan”) as adopted by our Board of Directors on February 9, 1995. The Stock Purchase Plan reserves 450,000 shares of our common stock (subject to adjustment for any subsequent stock splits, stock dividends and certain other changes in our common stock) for issuance and sale to any employee who has been employed for more than a year at the beginning of the calendar year, and who is not a 10% owner of our common stock, at 85% of the then fair market value up to a maximum of $5,000 in any calendar year. Under the Stock Purchase Plan, 10,000, 10,000 and 10,000 shares of common stock were purchased by participants in the plan and proceeds to us for the sale of those shares were approximately $205,000, $223,000 and $236,000 for fiscal years 2017, 2016 and 2015, respectively. At February 3, 2018, there were 84,000 shares of unissued common stock reserved for future purchase under the Stock Purchase Plan. The following table summarizes information regarding stock-based compensation expense recognized for the Stock Purchase Plan: (In thousands) 2017 2016 2015 Stock-based compensation expense before the recognized income tax benefit (1) $ 36 $ 39 $ 41 Income tax benefit $ 18 $ 15 $ 16 (1) Amounts are representative of the 15% discount employees are provided for purchases under the Stock Purchase Plan. Deferred Compensation Plan In fiscal 2000, we established a non-qualified deferred compensation plan for certain key employees who, due to Internal Revenue Service guidelines, cannot take full advantage of the employer sponsored 401(k) plan. Participants in the plan elect on an annual basis to defer, on a pre-tax basis, portions of their current compensation until retirement, or earlier if so elected. While not required to, we can match a portion of the employees’ contributions, which would be subject to vesting requirements. The compensation deferred under this plan is credited with earnings or losses measured by the rate of return on investments elected by plan participants. The plan is currently unfunded. Compensation expense for our match and earnings on the deferred amounts was $1.8 million for fiscal 2017 and $1.5 million for fiscal 2016. Compensation income for our match and earnings on the deferred amounts was $6,000 for fiscal 2015. The total deferred compensation liability at February 3, 2018 and January 28, 2017 was $11.6 million and $10.5 million, respectively.

Stock Based Compensation

Stock Based Compensation	12 Months Ended
	Feb. 03, 2018
Share-based Compensation [Abstract]
Stock Based Compensation	Note 10 – Stock Based Compensation Compensation Plan Summaries At our 2017 annual meeting of shareholders held on June 13, 2017, our shareholders approved a new equity incentive plan, the Shoe Carnival, Inc. 2017 Equity Incentive Plan (the “2017 Plan”), which replaces our 2000 Stock Option and Incentive Plan, as amended (the “2000 Plan”). We may issue stock options, stock appreciation rights, restricted stock, stock units and other stock-based awards to eligible participants under the 2017 Plan. According to the terms of the 2017 Plan, upon approval of the 2017 Plan by our shareholders, no further awards may be made under the 2000 Plan. A maximum of 1,000,000 shares of our common stock are available for issuance and sale under the 2017 Plan. In addition, any shares of our common stock subject to an award granted under the 2017 Plan, or to an award granted under the 2000 Plan that was outstanding on the date our shareholders approved the 2017 Plan, that expires, is cancelled or forfeited, or is settled for cash will, to the extent of such cancellation, forfeiture, expiration or cash settlement, automatically become available for future awards under the 2017 Plan. Stock-based compensation includes stock options, cash-settled stock appreciation rights (SARs), restricted stock awards and restricted stock units. Stock options that were outstanding under the 2000 Plan typically were granted such that one-third of the shares underlying the stock options granted would vest and become fully exercisable on each of the first three anniversaries of the date of the grant and were assigned a 10-year term from the date of grant. During fiscal 2017, all remaining stock options were exercised. Restricted stock awards issued to employees are classified as either performance-based or service-based. Performance-based restricted stock awards historically were granted such that they vest upon the achievement of specified levels of annual earnings per diluted share during a six-year period starting from the grant date. Should the annual earnings per diluted share criteria not be met within the six-year period from the grant date, any shares still restricted will be forfeited. In fiscal 2016, we granted performance-based restricted stock awards that vest on March 31, 2019 if we achieve a specified level of annual earnings per diluted share in any of fiscal 2016, 2017 or 2018. Should the annual earnings per diluted share criteria not be met in any of three fiscal years, the restricted stock awards will be forfeited on March 31, 2019. In fiscal 2017, we granted performance-based restricted stock awards with two-thirds vesting on March 31, 2019, and one third vesting on March 31, 2020. The number of shares vesting depends on whether the cumulative diluted earnings per share for fiscal 2017 and fiscal 2018 meet the threshold, target, or maximum levels. If performance goals are not achieved, the restricted stock will be forfeited. Service-based restricted stock awards and restricted stock units typically are granted under one of four vesting periods: (a) one-third of the shares would vest on each of the first three anniversaries subsequent to the date of the grant; (b) the full award would vest at the end of a 5-year service period subsequent to the date of grant; (c) the full award would vest at the end of a 2-year service period subsequent to the date of grant; or (d) for our Directors, all restricted stock awards are issued to vest on January 2 nd. Under the 2017 Plan, all dividends paid with respect to shares subject to the non-vested portion of a restricted stock award are subject to the same restrictions and risk of forfeiture as the shares of restricted stock to which such dividends relate. Recipients of restricted stock units will be entitled to receive dividend equivalents, based on dividends actually declared and paid, on the restricted stock units, and such dividend equivalents will be subject to the same restrictions and risk of forfeiture as the restricted stock units. For awards granted under the 2000 Plan, all shares of non-vested service-based restricted stock provide non-forfeitable rights to all dividends declared by the Company and dividends on non-vested performance-based restricted stock are subject to deferral until such times as the shares vest and are released. Plan Specific Activity and End of Period Balance Summaries Stock Options No stock options have been granted since fiscal 2008. All outstanding options had vested as of the end of fiscal 2011, therefore no unrecognized compensation expense remains. The following table summarizes stock option transactions pursuant to our stock-based compensation plans: Number of Weighted- Weighted- Aggregate Outstanding at January 28, 2017 7,000 $ 7.63 Granted 0 Forfeited or expired 0 Exercised (7,000 ) 7.63 Outstanding and exercisable at February 3, 2018 0 $ 0.00 0.00 $ 0 The following table summarizes information regarding options exercised: (In thousands) 2017 2016 2015 Total intrinsic value (1) $ 127 $ 0 $ 229 Total cash received $ 54 $ 0 $ 155 Associated excess income tax benefits recorded $ 0 $ 0 $ 57 (1) Defined as the difference between the market value at exercise and the grant price of stock options exercised. Restricted Stock The following table summarizes transactions for our restricted stock awards pursuant to our stock-based compensation plans: Number of Weighted- Average Grant Date Fair Value Restricted stock at January 28, 2017 964,858 $ 22.63 Granted 274,346 24.09 Vested (148,308 ) 23.87 Forfeited (174,971 ) 18.67 Restricted stock at February 3, 2018 915,925 $ 23.62 The total fair value at grant date of restricted stock awards that vested during fiscal 2017, 2016 and 2015 was $3.5 million, $1.4 million and $478,000, respectively. The weighted-average grant date fair value of stock awards granted during fiscal 2016 and fiscal 2015 was $24.98 and $24.43, respectively. The following table summarizes transactions for our restricted stock units pursuant to our stock-based compensation plans: Number of Shares Weighted- Average Grant Date Fair Value Restricted stock units at January 28, 2017 0 $ 0.00 Granted 4,000 19.55 Vested 0 0.00 Forfeited 0 0.00 Restricted stock units at February 3, 2018 4,000 $ 19.55 The following table summarizes information regarding stock-based compensation expense recognized for restricted stock awards and restricted stock units: (In thousands) 2017 2016 2015 Stock-based compensation expense before the recognized income tax benefit $ 5,041 $ 3,507 $ 3,340 Income tax benefit $ 2,490 $ 1,322 $ 1,274 The $5.0 million of expense recognized in fiscal 2017 included a $1.9 million cumulative catch-up of expense in the fourth quarter for awards which were deemed by management as probable to vest that previously were determined as not probable to vest prior to their expiration. This was partially offset by an expense reversal of $916,000 attributable to the first quarter reversal of the cumulative prior period expense for performance-based awards, which were deemed by management as not probable to vest prior to their expiration. As of February 3, 2018, there was approximately $4.4 million of unrecognized compensation expense remaining related to both our performance-based and service-based restricted stock awards and restricted stock units. The cost is expected to be recognized over a weighted average period of approximately 1.2 years. This incorporates our current assumptions with respect to the estimated requisite service period required to achieve the designated performance conditions for performance-based stock awards. Cash-Settled Stock Appreciation Rights Our outstanding Cash-Settled Stock Appreciation Rights (SARs) were granted during the first quarter of fiscal 2015 to certain non-executive employees, such that one-third of the shares underlying the SARs will vest and become fully exercisable on each of the first three anniversaries of the date of the grant and were assigned a five-year term from the date of grant, after which any unexercised SARs will expire. Each SAR entitles the holder, upon exercise of their vested shares, to receive cash in an amount equal to the closing price of our stock on the date of exercise less the exercise price, with a maximum amount of gain defined. The SARs granted during the first quarter of fiscal 2015 were issued with a defined maximum gain of $10.00 over the exercise price of $24.26. Cash-settled SARs are accounted for as liability awards and classified as Other liabilities on the Consolidated Balance Sheets. The following table summarizes SARs activity: Number of Weighted- Weighted- Outstanding at January 28, 2017 111,300 $ 24.26 Granted 0 0 Forfeited (4,375 ) 24.26 Exercised (3,450 ) 24.26 Outstanding at February 3, 2018 103,475 $ 24.26 2.1 Exercisable at February 3, 2018 59,541 $ 24.26 2.1 The fair value of liability awards are remeasured, using a trinomial lattice model, at each reporting period until the date of settlement. Increases or decreases in stock-based compensation expense are recognized over the vesting period, or immediately for vested awards. The fair value was estimated using a trinomial lattice model with the following assumptions: February 3, 2018 January 28, 2017 January 30, 2016 Risk free interest rate yield curve 1.40% - 2.58% 0.49% - 1.94% 0.22% - 1.33% Expected dividend yield 1.3% 1.1% 1.0% Expected volatility 39.21% 35.51% 36.05% Maximum life 2.1 Years 3.1 Years 4.1 Years Exercise multiple 1.34 1.34 1.34 Maximum payout $10.00 $10.00 $10.00 Employee exit rate 2.2% - 9.0% 2.2% - 9.0% 2.2% - 9.0% The risk free interest rate was based on the U.S. Treasury yield curve in effect at the end of the reporting period. The expected dividend yield was based on our quarterly cash dividends in fiscal 2017, with the assumption that quarterly dividends would continue at the current rate. Expected volatility was based on the historical volatility of our stock. The exercise multiple and employee exit rate are based on historical option data. The following table summarizes information regarding stock-based compensation recognized for SARs: (In thousands) 2017 2016 2015 Stock-based compensation before the recognized income tax effect $ (61 ) $ 276 $ 321 Income tax effect $ (30 ) $ 104 $ 123 As of February 3, 2018, approximately $9,000 in unrecognized compensation expense remained related to non-vested SARs. This expense is expected to be recognized over the two month period following February 3, 2018.

Business Risk

Business Risk	12 Months Ended
	Feb. 03, 2018
Risks and Uncertainties [Abstract]
Business Risk	Note 11 – Business Risk We purchase merchandise from approximately 160 footwear vendors. In fiscal 2017, two branded suppliers, Nike, Inc. and Skechers USA, Inc., collectively accounted for approximately 46% of our net sales. Nike, Inc. accounted for approximately 35% and Skechers USA, Inc. accounted for approximately 11% of our net sales, respectively .

Litigation Matters

Litigation Matters	12 Months Ended
	Feb. 03, 2018
Loss Contingency, Information about Litigation Matters [Abstract]
Litigation Matters	Note 12 – Litigation Matters The accounting standard related to loss contingencies provides guidance in regards to our disclosure and recognition of loss contingencies, including pending claims, lawsuits, disputes with third parties, investigations and other actions that are incidental to the operation of our business. The guidance utilizes the following defined terms to describe the likelihood of a future loss: (1) probable – the future event or events are likely to occur, (2) remote – the chance of the future event or events is slight and (3) reasonably possible – the chance of the future event or events occurring is more than remote but less than likely. The guidance also contains certain requirements with respect to how we accrue for and disclose information concerning our loss contingencies. We accrue for a loss contingency when we conclude that the likelihood of a loss is probable and the amount of the loss can be reasonably estimated. When the reasonable estimate of the loss is within a range of amounts, and no amount in the range constitutes a better estimate than any other amount, we accrue for the amount at the low end of the range. We adjust our accruals from time to time as we receive additional information, but the loss we incur may be significantly greater than or less than the amount we have accrued. We disclose loss contingencies if there is at least a reasonable possibility that a loss has been incurred. No accrual or disclosure is required for losses that are remote. From time to time, we are involved in certain legal proceedings in the ordinary course of conducting our business. While the outcome of any legal proceeding is uncertain, we do not currently expect that any such proceedings will have a material adverse effect on our consolidated balance sheets, statements of income, or cash flows.

Quarterly Results

Quarterly Results	12 Months Ended
	Feb. 03, 2018
Quarterly Financial Information Disclosure [Abstract]
Quarterly Results	Note 13 – Quarterly Results (Unaudited) Quarterly results are determined in accordance with the accounting policies used for annual data and include certain items based upon estimates for the entire year. All fiscal quarters in 2017 and 2016 include results for 13 weeks, except for the fourth quarter of 2017, which includes results for 14 weeks. (In thousands, except per share data) Fiscal 2017 First Quarter Second Quarter Third Quarter Fourth Quarter (1)(2) Net sales $ 253,389 $ 235,064 $ 287,469 $ 243,232 Gross profit 72,156 68,227 85,667 70,219 Operating income 13,227 6,424 17,880 170 Net income (loss) 8,231 3,896 10,697 (3,891 ) Net income (loss) per share – Basic (4) $ 0.48 $ 0.24 $ 0.66 $ (0.24 ) Net income (loss) per share – Diluted (4) $ 0.48 $ 0.24 $ 0.66 $ (0.24 ) Fiscal 2016 First Quarter Second Quarter Third Quarter Fourth Quarter (3) Net sales $ 260,470 $ 231,907 $ 274,524 $ 234,201 Gross profit 75,556 67,230 82,010 64,439 Operating income (loss) 17,285 6,660 15,452 (1,485 ) Net income (loss) 10,661 4,104 9,672 (920 ) Net income (loss) per share – Basic (4) $ 0.56 $ 0.22 $ 0.54 $ (0.05 ) Net income (loss) per share – Diluted (4) $ 0.56 $ 0.22 $ 0.54 $ (0.05 ) (1) Our gross profit, operating income and net loss for the fourth quarter of fiscal 2017 were impacted by the following items recorded in such quarter: gain on insurance proceeds related to hurricane affected stores of $3.3 million, or $0.13 per diluted share, net of tax, non-cash impairment charges for underperforming stores of $3.4 million, or $0.13 per diluted share, net of tax, additional stock-based compensation expense resulting from the enactment of the Tax Act and its impact on the anticipated vesting of outstanding performance-based restricted stock of $1.9 million, or $0.08 per diluted share, net of tax, and additional income tax expense resulting from the enactment of the Tax Act and our remeasurement of deferred tax assets and liabilities of $4.4 million, or $0.27 per diluted share. (2) The fourth quarter of fiscal 2017 consisted of 14 weeks compared with 13 weeks in the comparable prior year period. (3) Our gross profit, operating income and net loss for the fourth quarter of fiscal 2016 were impacted by non-cash impairment charges related to certain underperforming stores in Puerto Rico of $3.6 million, or $0.12 per diluted share, net of tax, recorded in such quarter. (4) Per share amounts are computed independently for each of the quarters presented. The sum of the quarters may not equal the total year due to the impact of changes in weighted shares outstanding and differing applications of earnings under the two-class method.

Subsequent Events

Subsequent Events	12 Months Ended
	Feb. 03, 2018
Subsequent Events [Abstract]
Subsequent Events	Note 14 – Subsequent Events On March 22, 2018, the Board of Directors approved the payment of a cash dividend to our shareholders in the first quarter of fiscal 2018. The quarterly cash dividend of $0.075 per share will be paid on April 23, 2018 to shareholders of record as of the close of business on April 9, 2018. The declaration and payment of any future dividends are at the discretion of the Board of Directors and will depend on our results of operations, financial condition, business conditions and other factors deemed relevant by our Board of Directors.

SCHEDULE II - VALUATION AND QUA

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS	12 Months Ended
	Feb. 03, 2018
Valuation and Qualifying Accounts [Abstract]
VALUATION AND QUALIFYING ACCOUNTS	SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS (In thousands) Reserve for sales returns and allowances Balance at Charged to Credited to Balance at Year ended January 30, 2016 $ 147 $ 105,258 $ 105,227 $ 178 Year ended January 28, 2017 $ 178 $ 102,826 $ 102,802 $ 202 Year ended February 3, 2018 $ 202 $ 102,701 $ 102,672 $ 231

Summary of Significant Accoun23

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Feb. 03, 2018
Accounting Policies [Abstract]
Fiscal Year	Fiscal Year Our fiscal year is a 52/53 week year ending on the Saturday closest to January 31. Unless otherwise stated, references to years 2017, 2016 and 2015 relate to the fiscal years ended February 3, 2018, January 28, 2017 and January 30, 2016, respectively. Fiscal year 2017 consisted of 53 weeks and the other fiscal years consisted of 52 weeks.
Use of Estimates in the Preparation of Consolidated Financial Statements	Use of Estimates in the Preparation of Consolidated Financial Statements The preparation of our consolidated financial statements in conformity with generally accepted accounting principles in the United States of America requires management to make estimates and assumptions that affect the reported amounts of certain assets and liabilities as of the financial statement reporting date in addition to the reported amounts of certain revenues and expenses for the reporting period. The assumptions used by management in future estimates could change significantly due to changes in circumstances and actual results could differ from those estimates.
Cash and Cash Equivalents	Cash and Cash Equivalents We had cash and cash equivalents of $48.3 million at February 3, 2018 and $62.9 million at January 28, 2017. Credit and debit card receivables and receivables due from a third-party totaling $5.4 million and $4.9 million were included in cash equivalents at February 3, 2018 and January 28, 2017, respectively. Credit and debit card receivables generally settle within three days; receivables due from a third-party generally settle within 15 days. We consider all short-term investments with an original maturity date of three months or less to be cash equivalents. As of January 28, 2017, all invested cash was held in a money market account. There was no invested cash as of February 3, 2018. While investments are not considered by management to be at significant risk, they could be impacted if the underlying financial institutions fail or are subject to other adverse conditions in the financial markets. To date, we have experienced no loss or lack of access to either invested cash or cash held in our bank accounts.
Fair Value of Financial Instruments and Non-Financial Assets	Fair Value of Financial Instruments and Non-Financial Assets Our financial assets as of February 3, 2018 and January 28, 2017 included cash and cash equivalents. The carrying value of cash and cash equivalents approximates fair value due to its short-term nature. We did not have any financial liabilities measured at fair value for these periods. Non-financial assets measured at fair value included on our consolidated balance sheet as of February 3, 2018 and of January 28, 2017 were those long-lived assets for which an impairment charge has been recorded. We did not have any non-financial liabilities measured at fair value for these periods. See Note 3 – “Fair Value Measurements” for further discussion.
Merchandise Inventories and Cost of Sales	Merchandise Inventories and Cost of Sales Merchandise inventories are stated at the lower of cost or net realizable value using the first-in, first-out (FIFO) method. For determining market value, we estimate the future demand and related sale price of merchandise contained in inventory as of the balance sheet date. The stated value of merchandise inventories contained on our consolidated balance sheets also includes freight, certain capitalized overhead costs and reserves. Factors considered in determining if our inventory is properly stated at the lower of cost or net realizable value includes, among others, recent sale prices, the length of time merchandise has been held in inventory, quantities of various styles held in inventory, seasonality of merchandise, expected consideration to be received from our vendors and current and expected future sales trends. We reduce the value of our inventory to its estimated net realizable value where cost exceeds the estimated future selling price. Material changes in the factors previously noted could have a significant impact on the actual net realizable value of our inventory and our reported operating results. Cost of sales includes the cost of merchandise sold, buying, distribution, and occupancy costs, inbound freight expense, provision for inventory obsolescence, inventory shrink and credits and allowances from merchandise vendors. Cost of sales related to our e-commerce orders include charges paid to a third party service provider in addition to the freight expense for delivering merchandise to our customer.
Property and Equipment-Net	Property and Equipment-Net Property and equipment is stated at cost. Depreciation and amortization of property, equipment and leasehold improvements are taken on the straight-line method over the shorter of the estimated useful lives of the assets or the applicable lease terms. Lives used in computing depreciation and amortization range from two to twenty years. Expenditures for maintenance and repairs are charged to expense as incurred. Expenditures that materially increase values, improve capacities or extend useful lives are capitalized. Upon sale or retirement, the costs and related accumulated depreciation or amortization are eliminated from the respective accounts and any resulting gain or loss is included in operations. We periodically evaluate our long-lived assets if events or circumstances indicate the carrying value may not be recoverable. The carrying value of long-lived assets is considered impaired when the carrying value of the assets exceeds the expected future cash flows to be derived from their use. Assets are grouped, and the evaluation performed, at the lowest level for which there are identifiable cash flows, which is generally at a store level. If the estimated, undiscounted future cash flows for a store are determined to be less than the carrying value of the store’s assets, an impairment loss is recorded for the difference between estimated fair value and carrying value. Assets subject to impairment are adjusted to estimated fair value and, if applicable, an impairment loss is recorded in selling, general and administrative expenses. We estimate the fair value of our long-lived assets using store specific cash flow assumptions discounted by a rate commensurate with the risk involved with such assets while incorporating marketplace assumptions. Our assumptions and estimates used in the evaluation of impairment, including current and future economic trends for stores, are subject to a high degree of judgment. If actual operating results or market conditions differ from those anticipated, the carrying value of certain of our assets may prove unrecoverable and we may incur additional impairment charges in the future. Our evaluations resulted in the recording of non-cash impairment charges of approximately $5.1 million and $4.5 million in fiscal years 2017 and 2016, respectively.
Insurance Reserves	Insurance Reserves We self-insure a significant portion of our workers’ compensation, general liability and employee health care costs and also maintain insurance in each area of risk, protecting us from individual and aggregate losses over specified dollar values. We review the liability reserved for our self-insured portions on a quarterly basis, taking into consideration a number of factors, including historical claims experience, severity factors, statistical trends and, in certain instances, valuation assistance provided by independent third parties. Self-insurance reserves include estimates of claims filed, carried at their expected ultimate settlement value, and claims incurred but not yet reported. As of February 3, 2018 and January 28, 2017, our self-insurance reserves totaled $3.6 million and $3.4 million, respectively. We record self-insurance reserves as a component of selling, general and administrative expenses in our Consolidated Statements of Income. While we believe that the recorded amounts are adequate, there can be no assurance that changes to management’s estimates will not occur due to limitations inherent in the estimating process. If actual results are not consistent with our estimates or assumptions, we may be exposed to losses or gains that could be material.
Deferred Lease Incentives	Deferred Lease Incentives All cash incentives received from landlords are recorded as deferred income and amortized over the life of the lease on a straight-line basis as a reduction of rental expense.
Accrued Rent	Accrued Rent We are party to various lease agreements, which require scheduled rent increases over the initial lease term. Rent expense for such leases is recognized on a straight-line basis over the initial lease term beginning the earlier of the start date of the lease or when we take possession of the property. The difference between rent based upon scheduled monthly payments and rent expense recognized on a straight-line basis is recorded as accrued rent.
Revenue Recognition	Revenue Recognition Revenue from sales of merchandise at our store locations is recognized at the time of sale. We record revenue from our e-commerce sales, including shipping and handling fees, based on an estimated customer receipt date. Our sales are recorded exclusive of sales tax. In the regular course of business, we offer our customers sales incentives including coupons, discounts, and free merchandise. Sales are recorded net of such incentives and returns and allowances. If an incentive involves free merchandise, that merchandise is recorded as a zero sale and the cost is included in cost of sales. Gift card revenue is recognized at the time of redemption.
Consideration Received From a Vendor	Consideration Received From a Vendor Consideration received from our vendors includes co-operative advertising/promotion, margin assistance, damage allowances and rebates earned for a specific level of purchases over a defined period. Consideration principally takes the form of credits that we can apply against trade amounts owed. Consideration received after the related merchandise has been sold is recorded as an offset to cost of sales in the period negotiations are finalized. For consideration received on merchandise still in inventory, the allowance is recorded as a reduction to the cost of on-hand inventory and recorded as a reduction of our cost of sales at the time of sale. Should the allowances received exceed the incremental cost, then the excess consideration is recorded as a reduction to the cost of on-hand inventory and allocated to cost of sales in future periods utilizing an average inventory turn rate.
Store Opening and Start-up Costs	Store Opening and Start-up Costs Non-capital expenditures, such as advertising, payroll, supplies and rent, incurred prior to the opening of a new store are charged to expense in the period they are incurred.
Advertising Costs	Advertising Costs Print, television, radio, outdoor and digital media costs are generally expensed when incurred. Internal production costs are expensed when incurred and external production costs are expensed in the period the advertisement first takes place. Advertising expenses included in selling, general and administrative expenses were $40.1 million, $42.9 million and $42.1 million in fiscal years 2017, 2016 and 2015, respectively.
Stock-Based Compensation	Stock-Based Compensation We recognize compensation expense for stock-based awards based on a fair value based method. Stock-based awards may include stock options, stock appreciation rights, restricted stock, stock units and other stock-based awards under our stock-based compensation plans. Additionally, we recognize stock-based compensation expense for the discount on shares sold to employees through our employee stock purchase plan. This discount represents the difference between the market price and the employee purchase price. Stock-based compensation expense is included in selling, general and administrative expense. We account for forfeitures as they occur in calculating stock-based compensation expense for the period. For performance-based stock awards, we estimate the probability of vesting based on the likelihood that the awards will meet their performance goals.
Segment Information	Segment Information We have identified each retail store and our e-commerce store as individual operating segments. Our operating segments have been aggregated and are reported as one reportable segment based on the similar nature of products sold, merchandising and distribution processes involved, target customers and economic characteristics. Due to our multi-channel retailer strategy, we view our e-commerce sales as an extension of our physical stores.
Income Taxes	Income Taxes We compute income taxes using the asset and liability method, under which deferred income taxes are provided for the temporary differences between the financial reporting basis and the tax basis of our assets and liabilities. Deferred tax assets are reduced, if necessary, by a valuation allowance to the extent future realization of those tax benefits are uncertain. We account for uncertain tax positions in accordance with current authoritative guidance and report a liability for unrecognized tax benefits resulting from uncertain tax positions taken or expected to be taken in a tax return. We recognize interest expense and penalties, if any, related to uncertain tax positions in income tax expense. On December 22, 2017, the U.S. government enacted the Tax Act, which made significant changes to the Internal Revenue Code of 1986, as amended, including, but not limited to, reducing the U.S. corporate statutory tax rate and eliminating or limiting deduction of several expenses which were previously deductible. We calculated our best estimate of the impact of the Tax Act in our fiscal 2017 financial statements in accordance with our understanding of the Tax Act and guidance available as of the filing of this Annual Report on Form 10-K. As a result, we recorded $4.4 million of additional income tax expense in the fourth quarter of 2017, the period in which the legislation was enacted. The amount is related to the remeasurement of certain deferred tax assets and liabilities based on the rates at which they are expected to reverse in the future. We also calculated our fiscal 2017 income tax expense using a blended rate of 33.7%, which is based on the applicable tax rates before and after the Tax Act and the number of days in the fiscal year that the respective tax rates were in effect. We have determined that these provisions are the only provisions of the Tax Act that impact fiscal 2017 results. In accordance with Staff Accounting Bulletin No. 118, any adjustments to the provisional amounts recorded in the fourth quarter of fiscal 2017 will be reported as a component of our income tax provision during the reporting period in which any such adjustments are determined, all of which will be reported no later than the fourth quarter of 2018. We continue to evaluate the impact of the Tax Act.
Net Income Per Share	Net Income Per Share The following table sets forth the computation of basic and diluted earnings per share as shown on the face of the accompanying consolidated statements of income. Fiscal Year Ended February 3, 2018 January 28, 2017 January 30, 2016 (In thousands, except per share data) Basic Earnings per Share: Net Income Shares Per Share Amount Net Income Shares Per Share Amount Net Income Shares Per Share Amount Net income $ 18,933 $ 23,517 $ 28,767 Amount allocated to participating securities (250 ) (487 ) (566 ) Net income available for basic common shares and basic earnings per share $ 18,683 16,220 $ 1.15 $ 23,030 18,017 $ 1.28 $ 28,201 19,417 $ 1.45 Diluted Earnings per Share: Net income $ 18,933 $ 23,517 $ 28,767 Amount allocated to participating securities (250 ) (487 ) (566 ) Adjustment for dilutive potential common shares 0 7 0 5 0 10 Net income available for diluted common shares and diluted earnings per share $ 18,683 16,227 $ 1.15 $ 23,030 18,022 $ 1.28 $ 28,201 19,427 $ 1.45 Our basic and diluted earnings per share are computed using the two-class method. The two-class method is an earnings allocation that determines net income per share for each class of common stock and participating securities according to their participation rights in dividends and undistributed earnings or losses. Non-vested restricted stock awards that include non-forfeitable rights to dividends are considered participating securities. During periods of undistributed losses however, no effect is given to our participating securities since they do not share in the losses. Per share amounts are computed by dividing net income available to common shareholders by the weighted average shares outstanding during each period. No options to purchase shares of common stock were excluded in the computation of diluted shares for the periods presented.
New Accounting Pronouncements	New Accounting Pronouncements In May 2014, the Financial Accounting Standards Board (“FASB”) issued guidance on the recognition of revenue for all contracts with customers designed to improve comparability and enhance financial statement disclosures. Subsequently, the FASB has also issued accounting standards updates which clarify the guidance. The underlying principle of this comprehensive model is that revenue is recognized to depict the transfer of promised goods or services to customers in an amount that reflects the payment to which the company expects to be entitled in exchange for those goods or services. In August 2015, the FASB subsequently issued guidance which approved a one year deferral of the guidance until annual reporting periods (including interim reporting periods within those periods) beginning after December 15, 2017. We finalized our assessment of the new guidance, which we adopted on February 4, 2018, using a modified retrospective transition approach. Our new policy outlines a single, comprehensive model for accounting for revenue from contracts with customers. Based on this assessment, our review indicated cumulative-effect adjustments were required in connection with revenue for our multi-channel business and recognition of breakage revenue for unredeemed gift cards. These adjustments to beginning retained earnings did not have a material impact on our consolidated financial position, results of operations or cash flows as of the adoption date. Other areas impacted by the guidance include sales attributable to our loyalty program, in which points earned will be accounted for as a separate performance obligation and deferred using an estimated standalone selling price, and customer merchandise returns, in which estimated returns will be presented as both an asset, equal to the cost of inventory, and a corresponding return liability, compared to the current practice of recording an estimated net return liability. We will also present enhanced disclosures beginning in the first quarter of fiscal 2018. In July 2015, the FASB issued guidance on simplifying the measurement of inventory by requiring inventory to be measured at the lower of cost or net realizable value. We adopted the provisions of this guidance on January 29, 2017. The adoption of this guidance did not have a material impact on our consolidated financial position, results of operations or cash flows. In February 2016, the FASB issued guidance which will replace most existing lease accounting guidance. This update requires an entity to recognize leased assets and the rights and obligations created by those leased assets on the balance sheet and to disclose key information about the entity’s leasing arrangements. The guidance will be effective at the beginning of fiscal 2019, including interim periods within that fiscal year, and will be applied on a modified retrospective basis. We are evaluating the impact of this guidance on our consolidated financial position, results of operations and cash flows. The adoption of the guidance will require us to recognize right-of-use assets and lease liabilities that will be material to our consolidated balance sheet. In March 2016, the FASB issued guidance intended to simplify several areas of accounting for share-based compensation arrangements, including the income tax impact, classification in the statement of cash flows and forfeitures. We adopted the provisions of this guidance on January 29, 2017. As a result of this adoption, all tax-related cash flows resulting from share-based payments in fiscal 2017 are presented as operating activities on the statements of cash flows, as we elected to adopt this portion of the guidance on a prospective basis. Additionally, we made an accounting policy election to account for forfeitures when they occur rather than estimating the number of awards that are expected to vest. As a result of this election, we recorded a cumulative-effect benefit of $188,000 to retained earnings as of the date of adoption. In May 2017, the FASB issued guidance which clarifies what constitutes a modification of a share-based payment award. We adopted the provisions of this guidance on February 4, 2018. The adoption of this guidance did not have a material impact on our condensed consolidated financial position, results of operations or cash flows.

Summary of Significant Accoun24

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Feb. 03, 2018
Accounting Policies [Abstract]
Computation of Basic and Diluted Earnings Per Common Share	The following table sets forth the computation of basic and diluted earnings per share as shown on the face of the accompanying consolidated statements of income. Fiscal Year Ended February 3, 2018 January 28, 2017 January 30, 2016 (In thousands, except per share data) Basic Earnings per Share: Net Income Shares Per Share Amount Net Income Shares Per Share Amount Net Income Shares Per Share Amount Net income $ 18,933 $ 23,517 $ 28,767 Amount allocated to participating securities (250 ) (487 ) (566 ) Net income available for basic common shares and basic earnings per share $ 18,683 16,220 $ 1.15 $ 23,030 18,017 $ 1.28 $ 28,201 19,417 $ 1.45 Diluted Earnings per Share: Net income $ 18,933 $ 23,517 $ 28,767 Amount allocated to participating securities (250 ) (487 ) (566 ) Adjustment for dilutive potential common shares 0 7 0 5 0 10 Net income available for diluted common shares and diluted earnings per share $ 18,683 16,227 $ 1.15 $ 23,030 18,022 $ 1.28 $ 28,201 19,427 $ 1.45

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Feb. 03, 2018
Fair Value Disclosures [Abstract]
Schedule of Assets Measured at Fair Value on a Recurring Basis	The following table presents assets that are measured at fair value on a recurring basis at February 3, 2018 and January 28, 2017. We have no material liabilities measured at fair value on a recurring or non-recurring basis. Fair Value Measurements (In thousands) Level 1 Level 2 Level 3 Total As of February 3, 2018: Cash equivalents – money market account $ 0 $ 0 $ 0 $ 0 As of January 28, 2017: Cash equivalents – money market account $ 114 $ 0 $ 0 $ 114

Property and Equipment - Net (T

Property and Equipment - Net (Tables)	12 Months Ended
	Feb. 03, 2018
Property, Plant and Equipment [Abstract]
Schedule of Property and Equipment	The following is a summary of property and equipment: (In thousands) February 3, 2018 January 28, 2017 Furniture, fixtures and equipment $ 154,844 $ 154,391 Leasehold improvements 111,967 110,787 Total 266,811 265,178 Less accumulated depreciation and amortization (180,535 ) (168,962 ) Property and equipment – net $ 86,276 $ 96,216

Accrued and Other Liabilities (

Accrued and Other Liabilities (Tables)	12 Months Ended
	Feb. 03, 2018
Payables and Accruals [Abstract]
Schedule of Accrued and Other Liabilities	Accrued and other liabilities consisted of the following: (In thousands) February 3, 2018 January 28, 2017 Employee compensation and benefits $ 3,231 $ 4,829 Self-insurance reserves 3,565 3,411 Gift cards 2,382 2,355 Sales and use tax 1,797 1,362 Other 4,070 6,531 Total accrued and other liabilities $ 15,045 $ 18,488

Leases (Tables)

Leases (Tables)	12 Months Ended
	Feb. 03, 2018
Leases [Abstract]
Schedule of Rental Expense Under Operating Leases	Rental expense for our operating leases consisted of: (In thousands) 2017 2016 2015 Rentals for real property $ 66,835 $ 65,900 $ 64,244 Contingent rent 70 92 83 Equipment rentals 41 62 59 Total $ 66,946 $ 66,054 $ 64,386
Schedule of Future Minimum Payments Under Operating Leases	Future minimum lease payments at February 3, 2018 were as follows: (In thousands) Operating Leases 2018 $ 63,010 2019 58,295 2020 48,768 2021 46,810 2022 37,546 Thereafter to 2031 68,594 Total $ 323,023

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Feb. 03, 2018
Income Tax Disclosure [Abstract]
Schedule of Income Tax Provision	The provision for income taxes consisted of: (In thousands) 2017 2016 2015 Current: Federal $ 14,579 $ 13,366 $ 18,366 State 2,241 1,997 2,267 Puerto Rico 242 250 249 Total current 17,062 15,613 20,882 Deferred: Federal 2,383 (153 ) (3,000 ) State (965 ) (1,228 ) (145 ) Puerto Rico 2,500 (1,494 ) (318 ) Total deferred 3,918 (2,875 ) (3,463 ) Valuation allowance (2,500 ) 1,494 318 Total provision $ 18,480 $ 14,232 $ 17,737
Schedule of Effective Income Tax Rate Reconciliation	Reconciliation between the statutory federal income tax rate and the effective income tax rate is as follows: Fiscal years 2017 2016 2015 U.S. Federal statutory tax rate 33.7 % 35.0 % 35.0 % State and local income taxes, net of federal tax benefit 3.0 2.1 2.7 Puerto Rico 0.7 0.2 0.3 Valuation allowance (6.7 ) 4.0 0.7 Tax benefit of foreign losses 6.3 (3.6 ) (0.6 ) Remeasurement of deferred tax assets and liabilities due to the Tax Act 11.6 0.0 0.0 Other 0.8 0.0 0.0 Effective income tax rate 49.4 % 37.7 % 38.1 %
Schedule of Deferred Tax Asset/Liability	Deferred income taxes are the result of temporary differences in the recognition of revenue and expense for tax and financial reporting purposes. The sources of these differences and the tax effect of each are as follows: (In thousands) February 3, 2018 January 28, 2017 Deferred tax assets: Accrued rent $ 2,464 $ 4,333 Accrued compensation 5,752 8,552 Accrued employee benefits 349 555 Inventory 699 1,125 Self-insurance reserves 518 758 Lease incentives 7,145 11,996 Net operating loss carry forward 1,218 3,719 Other 488 638 Total deferred tax assets 18,633 31,676 Valuation allowance (1,217 ) (3,717 ) Total deferred tax assets – net of valuation allowance 17,416 27,959 Deferred tax liabilities: Property and equipment 8,588 17,256 Capitalized costs 646 1,103 Total deferred tax liabilities 9,234 18,359 Long-term deferred income taxes, net $ 8,182 $ 9,600

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	12 Months Ended
	Feb. 03, 2018
Retirement Benefits [Abstract]
Schedule of Stock Based Compensation Expense for Stock Purchase Plan	The following table summarizes information regarding stock-based compensation expense recognized for the Stock Purchase Plan: (In thousands) 2017 2016 2015 Stock-based compensation expense before the recognized income tax benefit (1) $ 36 $ 39 $ 41 Income tax benefit $ 18 $ 15 $ 16

Stock Based Compensation (Table

Stock Based Compensation (Tables)	12 Months Ended
	Feb. 03, 2018
Schedule of Stock Option Activity	The following table summarizes stock option transactions pursuant to our stock-based compensation plans: Number of Weighted- Weighted- Aggregate Outstanding at January 28, 2017 7,000 $ 7.63 Granted 0 Forfeited or expired 0 Exercised (7,000 ) 7.63 Outstanding and exercisable at February 3, 2018 0 $ 0.00 0.00 $ 0
Schedule of Stock Options Exercised	The following table summarizes information regarding options exercised: (In thousands) 2017 2016 2015 Total intrinsic value (1) $ 127 $ 0 $ 229 Total cash received $ 54 $ 0 $ 155 Associated excess income tax benefits recorded $ 0 $ 0 $ 57 (1) Defined as the difference between the market value at exercise and the grant price of stock options exercised.
Summary of Restricted Stock Awards Transactions	The following table summarizes transactions for our restricted stock awards pursuant to our stock-based compensation plans: Number of Weighted- Average Grant Date Fair Value Restricted stock at January 28, 2017 964,858 $ 22.63 Granted 274,346 24.09 Vested (148,308 ) 23.87 Forfeited (174,971 ) 18.67 Restricted stock at February 3, 2018 915,925 $ 23.62
Summary of Stock Compensation Expense	The following table summarizes information regarding stock-based compensation expense recognized for restricted stock awards and restricted stock units: (In thousands) 2017 2016 2015 Stock-based compensation expense before the recognized income tax benefit $ 5,041 $ 3,507 $ 3,340 Income tax benefit $ 2,490 $ 1,322 $ 1,274
Schedule of SARs Activity	The following table summarizes SARs activity: Number of Weighted- Weighted- Outstanding at January 28, 2017 111,300 $ 24.26 Granted 0 0 Forfeited (4,375 ) 24.26 Exercised (3,450 ) 24.26 Outstanding at February 3, 2018 103,475 $ 24.26 2.1 Exercisable at February 3, 2018 59,541 $ 24.26 2.1
Schedule of SARs Assumptions	The fair value was estimated using a trinomial lattice model with the following assumptions: February 3, 2018 January 28, 2017 January 30, 2016 Risk free interest rate yield curve 1.40% - 2.58% 0.49% - 1.94% 0.22% - 1.33% Expected dividend yield 1.3% 1.1% 1.0% Expected volatility 39.21% 35.51% 36.05% Maximum life 2.1 Years 3.1 Years 4.1 Years Exercise multiple 1.34 1.34 1.34 Maximum payout $10.00 $10.00 $10.00 Employee exit rate 2.2% - 9.0% 2.2% - 9.0% 2.2% - 9.0%
Schedule of Stock Compensation Expense Recognized for SARs:	The following table summarizes information regarding stock-based compensation recognized for SARs: (In thousands) 2017 2016 2015 Stock-based compensation before the recognized income tax effect $ (61 ) $ 276 $ 321 Income tax effect $ (30 ) $ 104 $ 123
Restricted Stock Unit [Member]
Summary of Restricted Stock Awards Transactions	The following table summarizes transactions for our restricted stock units pursuant to our stock-based compensation plans: Number of Shares Weighted- Average Grant Date Fair Value Restricted stock units at January 28, 2017 0 $ 0.00 Granted 4,000 19.55 Vested 0 0.00 Forfeited 0 0.00 Restricted stock units at February 3, 2018 4,000 $ 19.55

Quarterly Results (Tables)

Quarterly Results (Tables)	12 Months Ended
	Feb. 03, 2018
Quarterly Financial Information Disclosure [Abstract]
Schedule of Quarterly Results	(In thousands, except per share data) Fiscal 2017 First Quarter Second Quarter Third Quarter Fourth Quarter (1)(2) Net sales $ 253,389 $ 235,064 $ 287,469 $ 243,232 Gross profit 72,156 68,227 85,667 70,219 Operating income 13,227 6,424 17,880 170 Net income (loss) 8,231 3,896 10,697 (3,891 ) Net income (loss) per share – Basic (4) $ 0.48 $ 0.24 $ 0.66 $ (0.24 ) Net income (loss) per share – Diluted (4) $ 0.48 $ 0.24 $ 0.66 $ (0.24 ) Fiscal 2016 First Quarter Second Quarter Third Quarter Fourth Quarter (3) Net sales $ 260,470 $ 231,907 $ 274,524 $ 234,201 Gross profit 75,556 67,230 82,010 64,439 Operating income (loss) 17,285 6,660 15,452 (1,485 ) Net income (loss) 10,661 4,104 9,672 (920 ) Net income (loss) per share – Basic (4) $ 0.56 $ 0.22 $ 0.54 $ (0.05 ) Net income (loss) per share – Diluted (4) $ 0.56 $ 0.22 $ 0.54 $ (0.05 ) (1) Our gross profit, operating income and net loss for the fourth quarter of fiscal 2017 were impacted by the following items recorded in such quarter: gain on insurance proceeds related to hurricane affected stores of $3.3 million, or $0.13 per diluted share, net of tax, non-cash impairment charges for underperforming stores of $3.4 million, or $0.13 per diluted share, net of tax, additional stock-based compensation expense resulting from the enactment of the Tax Act and its impact on the anticipated vesting of outstanding performance-based restricted stock of $1.9 million, or $0.08 per diluted share, net of tax, and additional income tax expense resulting from the enactment of the Tax Act and our remeasurement of deferred tax assets and liabilities of $4.4 million, or $0.27 per diluted share. (2) The fourth quarter of fiscal 2017 consisted of 14 weeks compared with 13 weeks in the comparable prior year period. (3) Our gross profit, operating income and net loss for the fourth quarter of fiscal 2016 were impacted by non-cash impairment charges related to certain underperforming stores in Puerto Rico of $3.6 million, or $0.12 per diluted share, net of tax, recorded in such quarter. (4) Per share amounts are computed independently for each of the quarters presented. The sum of the quarters may not equal the total year due to the impact of changes in weighted shares outstanding and differing applications of earnings under the two-class method.

Summary of Significant Accoun33

Summary of Significant Accounting Policies (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Feb. 03, 2018	Jan. 28, 2017	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016	Jan. 31, 2015
Accounting Policies [Abstract]
Cash and cash equivalents	$ 48,254	$ 62,944	$ 48,254	$ 62,944	$ 68,814	$ 61,376
Credit and debit card receivables	5,400	4,900	5,400	4,900
Impairment charges	3,400	3,600	5,100	4,500
Self-insurance reserves	3,565	$ 3,411	3,565	3,411
Advertising expenses			40,100	42,900	42,100
Income tax expense	$ 4,400		$ 18,480	$ 14,232	$ 17,737
Effective income tax rate			33.70%	35.00%	35.00%
Cumulative effect on retained earnings from adoption of Accounting Standards Update No. 2016-09			$ 188

Summary of Significant Accoun34

Summary of Significant Accounting Policies (Schedule of Earnings per Share) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended																12 Months Ended
	Feb. 03, 2018	[1],[2]	Oct. 28, 2017		Jul. 29, 2017		Apr. 29, 2017		Jan. 28, 2017	[3]	Oct. 29, 2016		Jul. 30, 2016		Apr. 30, 2016		Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Basic Earnings per Share:
Net income	$ (3,891)		$ 10,697		$ 3,896		$ 8,231		$ (920)		$ 9,672		$ 4,104		$ 10,661		$ 18,933	$ 23,517	$ 28,767
Amount allocated to participating securities																	(250)	(487)	(566)
Net income available for basic common shares and basic earnings per share																	$ 18,683	$ 23,030	$ 28,201
Net income available for basic common shares and basic earnings per share, Shares																	16,220	18,017	19,417
Net income per share - Basic	$ (0.24)	[4]	$ 0.66	[4]	$ 0.24	[4]	$ 0.48	[4]	$ (0.05)	[4]	$ 0.54	[4]	$ 0.22	[4]	$ 0.56	[4]	$ 1.15	$ 1.28	$ 1.45
Diluted Earnings per Share:
Net income	$ (3,891)		$ 10,697		$ 3,896		$ 8,231		$ (920)		$ 9,672		$ 4,104		$ 10,661		$ 18,933	$ 23,517	$ 28,767
Amount allocated to participating securities																	(250)	(487)	(566)
Adjustment for dilutive potential common shares																	$ 0	$ 0	$ 0
Adjustment for dilutive potential common shares, Shares																	7	5	10
Net income available for diluted common shares and diluted earnings per share																	$ 18,683	$ 23,030	$ 28,201
Net income available for diluted common shares and diluted earnings per share, Shares																	16,227	18,022	19,427
Net income per share - Diluted	$ (0.24)	[4]	$ 0.66	[4]	$ 0.24	[4]	$ 0.48	[4]	$ (0.05)	[4]	$ 0.54	[4]	$ 0.22	[4]	$ 0.56	[4]	$ 1.15	$ 1.28	$ 1.45
[1]	Our gross profit, operating income and net loss for the fourth quarter of fiscal 2017 were impacted by the following items recorded in such quarter: gain on insurance proceeds related to hurricane affected stores of $3.3 million, or $0.13 per diluted share, net of tax, non-cash impairment charges for underperforming stores of $3.4 million, or $0.13 per diluted share, net of tax, additional stock-based compensation expense resulting from the enactment of the Tax Act and its impact on the anticipated vesting of outstanding performance-based restricted stock of $1.9 million, or $0.08 per diluted share, net of tax, and additional income tax expense resulting from the enactment of the Tax Act and our remeasurement of deferred tax assets and liabilities of $4.4 million, or $0.27 per diluted share.
[2]	The fourth quarter of fiscal 2017 consisted of 14 weeks compared with 13 weeks in the comparable prior year period.
[3]	Our gross profit, operating income and net loss for the fourth quarter of fiscal 2016 were impacted by non-cash impairment charges related to certain underperforming stores in Puerto Rico of $3.6 million, or $0.12 per diluted share, net of tax, recorded in such quarter.
[4]	Per share amounts are computed independently for each of the quarters presented. The sum of the quarters may not equal the total year due to the impact of changes in weighted shares outstanding and differing applications of earnings under the two-class method.

Fair Value Measurements (Narrat

Fair Value Measurements (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
	Feb. 03, 2018	Jan. 28, 2017
Fair Value Disclosures [Abstract]
Long-lived assets, impairment charges	$ 5.1	$ 4.5
Remaining unamortized basis	$ 4.7	$ 4.7

Fair Value Measurements (Schedu

Fair Value Measurements (Schedule of Assets Measure at Fair Value on Recurring Basis) (Details) - USD ($) $ in Thousands	Feb. 03, 2018	Jan. 28, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents - money market account	$ 0	$ 114
Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents - money market account	0	114
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents - money market account	0	0
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents - money market account	$ 0	$ 0

Property and Equipment - Net (D

Property and Equipment - Net (Details) - USD ($) $ in Thousands	Feb. 03, 2018	Jan. 28, 2017
Property, Plant and Equipment [Line Items]
Total	$ 266,811	$ 265,178
Less accumulated depreciation and amortization	(180,535)	(168,962)
Property and equipment - net	86,276	96,216
Furniture, fixtures and equipment [Member]
Property, Plant and Equipment [Line Items]
Total	154,844	154,391
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Total	$ 111,967	$ 110,787

Accrued and Other Liabilities38

Accrued and Other Liabilities (Details) - USD ($) $ in Thousands	Feb. 03, 2018	Jan. 28, 2017
Payables and Accruals [Abstract]
Employee compensation and benefits	$ 3,231	$ 4,829
Self-insurance reserves	3,565	3,411
Gift cards	2,382	2,355
Sales and use tax	1,797	1,362
Other	4,070	6,531
Total accrued and other liabilities	$ 15,045	$ 18,488

Long-Term Debt (Details)

Long-Term Debt (Details) - USD ($) $ in Millions	12 Months Ended
	Feb. 03, 2018	Mar. 27, 2017
Debt Instrument [Line Items]
Line of credit, maximum borrowing amount		$ 50
Outstanding letters of credit	$ 1.2
Line of credit, available borrowing amount	$ 48.8
Credit facility interest rate description	(1) the agent bank's prime rate as defined in the Credit Agreement plus 1.0% with the prime rate defined as the greater of (a) the Federal Fund rate plus 0.50% or (b) the interest rate announced from time to time by the agent bank as its "prime rate" or (2) LIBOR plus 1.25% to 2.50%, depending on our achievement of certain performance criteria.
Line of credit facility, expiration date	Mar. 27, 2022
Maximum [Member]
Debt Instrument [Line Items]
Commitment fee percentage rate	0.20%
Minimum [Member]
Debt Instrument [Line Items]
Commitment fee percentage rate	0.35%

Leases (Schedule of Operating L

Leases (Schedule of Operating Lease Rental Expense) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 30, 2018	Jan. 28, 2017	Jan. 30, 2016
Leases [Abstract]
Rentals for real property	$ 66,835	$ 65,900	$ 64,244
Contingent rent	70	92	83
Equipment rentals	41	62	59
Total rent expense	$ 66,946	$ 66,054	$ 64,386

Leases (Schedule of Operating41

Leases (Schedule of Operating Lease Payments) (Details) $ in Thousands	Feb. 03, 2018USD ($)
Leases [Abstract]
2,018	$ 63,010
2,019	58,295
2,020	48,768
2,021	46,810
2,022	37,546
Thereafter to 2031	68,594
Total	$ 323,023

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($)	3 Months Ended	12 Months Ended
	Feb. 03, 2018	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Operating Loss Carryforwards [Line Items]
Tax benefit from options exercised and restricted stock vesting		$ 17,800	$ 3,000	$ 120,000
Federal employment related tax credits		223,000	224,000	327,000
Valuation Allowance	$ 1,217,000	1,217,000	3,717,000
Income tax expense	4,400,000	$ 18,480,000	$ 14,232,000	$ 17,737,000
Effective income tax rate		33.70%	35.00%	35.00%
Foreign Tax Authority [Member]
Operating Loss Carryforwards [Line Items]
Net operating loss carryforwards	$ 3,200,000	$ 3,200,000
Foreign Tax Authority [Member] | Maximum [Member]
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards expiration dates		Dec. 31, 2026
Foreign Tax Authority [Member] | Minimum [Member]
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards expiration dates		Jan. 1, 2023

Income Taxes (Schedule of the P

Income Taxes (Schedule of the Provision for Income Taxes) (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Feb. 03, 2018	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Current:
Federal		$ 14,579	$ 13,366	$ 18,366
State		2,241	1,997	2,267
Puerto Rico		242	250	249
Total current		17,062	15,613	20,882
Deferred:
Federal		2,383	(153)	(3,000)
State		(965)	(1,228)	(145)
Puerto Rico		2,500	(1,494)	(318)
Total deferred		3,918	(2,875)	(3,463)
Valuation allowance		(2,500)	1,494	318
Total provision	$ 4,400	$ 18,480	$ 14,232	$ 17,737

Income Taxes (Schedule of Recon

Income Taxes (Schedule of Reconciliation of Statutory Income Tax Rate) (Details)	12 Months Ended
	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Income Tax Disclosure [Abstract]
U.S. Federal statutory tax rate	33.70%	35.00%	35.00%
State and local income taxes, net of federal tax benefit	3.00%	2.10%	2.70%
Puerto Rico	0.70%	0.20%	0.30%
Valuation allowance	(6.70%)	4.00%	0.70%
Tax benefit of foreign losses	6.30%	(3.60%)	(0.60%)
Remeasurement of deferred tax assets and liabilities due to the Tax Act	11.60%	0.00%	0.00%
Other	0.80%	0.00%	0.00%
Effective income tax rate	49.40%	37.70%	38.10%

Income Taxes (Schedule of Defer

Income Taxes (Schedule of Deferred Income Tax Assets/Liabilities) (Details) - USD ($) $ in Thousands	Feb. 03, 2018	Jan. 28, 2017
Deferred tax assets:
Accrued rent	$ 2,464	$ 4,333
Accrued compensation	5,752	8,552
Accrued employee benefits	349	555
Inventory	699	1,125
Self-insurance reserves	518	758
Lease incentives	7,145	11,996
Net operating loss carry forward	1,218	3,719
Other	488	638
Total deferred tax assets	18,633	31,676
Valuation allowance	(1,217)	(3,717)
Total deferred tax assets - net of valuation allowance	17,416	27,959
Deferred tax liabilities:
Property and equipment	8,588	17,256
Capitalized costs	646	1,103
Total deferred tax liabilities	9,234	18,359
Long-term deferred income taxes, net	$ 8,182	$ 9,600

Employee Benefit Plans (Narrati

Employee Benefit Plans (Narrative) (Details) - USD ($)	1 Months Ended	12 Months Ended
	Mar. 31, 2012	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
United States Postretirement Benefit Plan of US Entity, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Requisite service period for participation		1 year
Requisite participant age		21 years
Requisite work hours for participation		1000 hours
Percentage of earnings which may be contributed		20.00%
Employee contribution percentage		4.00%
Eligible earnings which may be contributed, and matched by employer		50.00%
Contributions charged to expense		$ 733,000	$ 695,000	$ 656,000
Foreign Postretirement Benefit Plan, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Requisite service period for participation	1 year
Requisite participant age	21 years
Requisite work hours for participation	1000 hours
Percentage of earnings which may be contributed	20.00%
Employee contribution percentage	4.00%
Eligible earnings which may be contributed, and matched by employer	50.00%
Contributions charged to expense		$ 18,000	$ 15,000	$ 10,000
Employee Stock Purchase Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Shares of common stock reserved for issuance		450,000
Employee service period		1 year
Maximum ownership rate		10.00%
Purchase price, percentage of fair market value		85.00%
Maximum annual purchases under plan		$ 5,000
Shares issued under plan		10,000	10,000	10,000
Proceeds from issuance of shares under plan		$ 205,000	$ 223,000	$ 236,000
Shares of unissued common stock reserved for future purchase		84,000
Deferred Compensation Plan:
Compensation (income) expense		$ 1,800,000	1,500,000
Total deferred compensation liability		$ 11,600,000	$ 10,500,000

Employee Benefit Plans (Schedul

Employee Benefit Plans (Schedule of Stock-based Compensation Expense) (Details) - Employee Stock Purchase Plan [Member] - USD ($) $ in Thousands		12 Months Ended
		Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense before the recognized income tax benefit	[1]	$ 36	$ 39	$ 41
Income tax benefit		$ 18	$ 15	$ 16
Discount rate employees are provided for purchases under the Stock Purchase Plan		15.00%	15.00%	15.00%
[1]	Amounts are representative of the 15% discount employees are provided for purchases under the Stock Purchase Plan.

Stock Based Compensation (Narra

Stock Based Compensation (Narrative) (Details) - USD ($)	3 Months Ended		12 Months Ended
	Feb. 03, 2018	Apr. 28, 2015	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
2017 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares available to be issued and sold pursuant to the plan	1,000,000		1,000,000
Stock Appreciation Rights (SARs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized share-based compensation expense	$ 9,000		$ 9,000
Unrecognized compensation cost, recognition period			2 months
Defined maximum gain		$ 10	$ 10	$ 10	$ 10
Exercise price		$ 24.26
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total fair value of vested stock			$ 3,500,000	$ 1,400,000	$ 478,000
Weighted average fair value of shares granted			$ 24.09	$ 24.98	$ 24.43
Cumulative share based compensation expense	1,900,000
Reduced share based compensation expense			$ 916,000
Unrecognized share-based compensation expense	$ 4,400,000		$ 4,400,000
Unrecognized compensation cost, recognition period			1 year 2 months 12 days
Stock-based compensation expense for restricted stock			$ 5,000,000

Stock Based Compensation (Sched

Stock Based Compensation (Schedule of Stock Option Activity) (Details) - Employee Stock Option [Member] $ / shares in Units, $ in Thousands	12 Months Ended
	Feb. 03, 2018USD ($)$ / sharesshares
Number of Shares
Outstanding at January 28, 2017	7,000
Granted	0
Forfeited or expired	0
Exercised	(7,000)
Outstanding and exercisable at February 3, 2018	0
Weighted-Average Exercise Price
Outstanding at January 28, 2017 | $ / shares	$ 7.63
Exercised | $ / shares	7.63
Outstanding and exercisable at February 3, 2018 | $ / shares	$ 0
Weighted-Average Remaining Contractual Term (Years)
Outstanding and exercisable at February 3, 2018	0 years
Aggregate Intrinsic Value
Outstanding and exercisable at February 3, 2018 | $	$ 0

Stock Based Compensation (Sch50

Stock Based Compensation (Schedule of Stock Options Exercised) (Details) - Equity Option [Member] - USD ($) $ in Thousands		12 Months Ended
		Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total intrinsic value	[1]	$ 127	$ 0	$ 229
Total cash received		54	0	155
Associated excess income tax benefits recorded		$ 0	$ 0	$ 57
[1]	Defined as the difference between the market value at exercise and the grant price of stock options exercised.

Stock Based Compensation (Summa

Stock Based Compensation (Summary of Restricted Stock Awards) (Details) - $ / shares	12 Months Ended
	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding at January 28, 2017	964,858
Granted	274,346
Vested	(148,308)
Forfeited	(174,971)
Outstanding at February 3, 2018	915,925	964,858
Outstanding at January 28, 2017	$ 22.63
Granted	24.09	$ 24.98	$ 24.43
Vested	23.87
Forfeited	18.67
Outstanding at February 3, 2018	$ 23.62	$ 22.63
Restricted Stock Unit [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding at January 28, 2017	0
Granted	4,000
Vested	0
Forfeited	0
Outstanding at February 3, 2018	4,000	0
Outstanding at January 28, 2017	$ 0
Granted	19.55
Vested	0
Forfeited	0
Outstanding at February 3, 2018	$ 19.55	$ 0

Stock Based Compensation (Sch52

Stock Based Compensation (Schedule of Stock-based Compensation Expense for Stock Options, Restricted Stock, and SARs) (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense before the recognized income tax benefit	$ 5,041	$ 3,507	$ 3,340
Income tax benefit effect	2,490	1,322	1,274
Stock Appreciation Rights (SARs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense before the recognized income tax benefit	(61)	276	321
Income tax benefit effect	$ (30)	$ 104	$ 123

Stock Based Compensation (Sum53

Stock Based Compensation (Summary of SARs Transactions) (Details) - Stock Appreciation Rights (SARs) [Member]	12 Months Ended
	Feb. 03, 2018$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding at January 28, 2017 | shares	111,300
Granted | shares	0
Forfeited | shares	(4,375)
Exercised | shares	(3,450)
Outstanding at February 3, 2018 | shares	103,475
Exercisable at February 3, 2018 | shares	59,541
Outstanding at January 28, 2017 | $ / shares	$ 24.26
Granted | $ / shares	0
Forfeited | $ / shares	24.26
Exercised | $ / shares	24.26
Outstanding at February 3, 2018 | $ / shares	24.26
Exercisable at February 3, 2018 | $ / shares	$ 24.26
Outstanding at February 3, 2018	2 years 1 month 6 days
Exercisable at February 3, 2018	2 years 1 month 6 days

Stock Based Compensation (Sch54

Stock Based Compensation (Schedule of SARs Assumptions) (Details) - Stock Appreciation Rights (SARs) [Member] - $ / shares	3 Months Ended	12 Months Ended
	Apr. 28, 2015	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Share Based Compensation Assumptions [Line Items]
Expected dividend yield		1.30%	1.10%	1.00%
Expected volatility		39.21%	35.51%	36.05%
Maximum life		2 years 1 month 6 days	3 years 1 month 6 days	4 years 1 month 6 days
Exercise multiple		$ 1.34	$ 1.34	$ 1.34
Maximum payout	$ 10	$ 10	$ 10	$ 10
Minimum [Member]
Share Based Compensation Assumptions [Line Items]
Risk free interest rate yield curve		1.40%	0.49%	0.22%
Employee exit rate		2.20%	2.20%	2.20%
Maximum [Member]
Share Based Compensation Assumptions [Line Items]
Risk free interest rate yield curve		2.58%	1.94%	1.33%
Employee exit rate		9.00%	9.00%	9.00%

Business Risk (Details)

Business Risk (Details) - Supplier Concentration Risk [Member] - Sales Revenue, Net [Member]	12 Months Ended
	Feb. 03, 2018
Product Information [Line Items]
Concentration Risk, Percentage	46.00%
Nike, Inc. [Member]
Product Information [Line Items]
Concentration Risk, Percentage	35.00%
Skechers USA, Inc. [Member]
Product Information [Line Items]
Concentration Risk, Percentage	11.00%

Quarterly Results (Details)

Quarterly Results (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended																12 Months Ended
	Feb. 03, 2018	[1],[2]	Oct. 28, 2017		Jul. 29, 2017		Apr. 29, 2017		Jan. 28, 2017	[3]	Oct. 29, 2016		Jul. 30, 2016		Apr. 30, 2016		Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Quarterly Financial Information Disclosure [Abstract]
Net sales	$ 243,232		$ 287,469		$ 235,064		$ 253,389		$ 234,201		$ 274,524		$ 231,907		$ 260,470		$ 1,019,154	$ 1,001,102	$ 983,968
Gross profit	70,219		85,667		68,227		72,156		64,439		82,010		67,230		75,556		296,269	289,235	290,516
Operating income	170		17,880		6,424		13,227		(1,485)		15,452		6,660		17,285		37,701	37,912	46,633
Net income	$ (3,891)		$ 10,697		$ 3,896		$ 8,231		$ (920)		$ 9,672		$ 4,104		$ 10,661		$ 18,933	$ 23,517	$ 28,767
Net income per share - Basic	$ (0.24)	[4]	$ 0.66	[4]	$ 0.24	[4]	$ 0.48	[4]	$ (0.05)	[4]	$ 0.54	[4]	$ 0.22	[4]	$ 0.56	[4]	$ 1.15	$ 1.28	$ 1.45
Net income per share - Diluted	$ (0.24)	[4]	$ 0.66	[4]	$ 0.24	[4]	$ 0.48	[4]	$ (0.05)	[4]	$ 0.54	[4]	$ 0.22	[4]	$ 0.56	[4]	$ 1.15	$ 1.28	$ 1.45
[1]	Our gross profit, operating income and net loss for the fourth quarter of fiscal 2017 were impacted by the following items recorded in such quarter: gain on insurance proceeds related to hurricane affected stores of $3.3 million, or $0.13 per diluted share, net of tax, non-cash impairment charges for underperforming stores of $3.4 million, or $0.13 per diluted share, net of tax, additional stock-based compensation expense resulting from the enactment of the Tax Act and its impact on the anticipated vesting of outstanding performance-based restricted stock of $1.9 million, or $0.08 per diluted share, net of tax, and additional income tax expense resulting from the enactment of the Tax Act and our remeasurement of deferred tax assets and liabilities of $4.4 million, or $0.27 per diluted share.
[2]	The fourth quarter of fiscal 2017 consisted of 14 weeks compared with 13 weeks in the comparable prior year period.
[3]	Our gross profit, operating income and net loss for the fourth quarter of fiscal 2016 were impacted by non-cash impairment charges related to certain underperforming stores in Puerto Rico of $3.6 million, or $0.12 per diluted share, net of tax, recorded in such quarter.
[4]	Per share amounts are computed independently for each of the quarters presented. The sum of the quarters may not equal the total year due to the impact of changes in weighted shares outstanding and differing applications of earnings under the two-class method.

Quarterly Results (Narrative) (

Quarterly Results (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		12 Months Ended
	Feb. 03, 2018	Jan. 28, 2017	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Quarterly Financial Information Disclosure [Abstract]
Gain on insurance proceeds	$ 3,300
Adjustment of diluted share related to hurricance affected stores	$ 0.13
Non-cash impairment charges	$ 3,400	$ 3,600	$ 5,100	$ 4,500
Adjustment of diluted share related to non-cash impairment charges	$ 0.13	$ 0.12
Stock-based compensation expense	$ 1,900		5,017	3,822	$ 3,702
Adjustment of diluted share related to share based compensation	$ 0.08
Income tax expense	$ 4,400		$ 18,480	$ 14,232	$ 17,737
Adjustment of diluted share related to enactment of tax act	$ 0.27

Subsequent Events (Details)

Subsequent Events (Details) - Subsequent Event [Member]	1 Months Ended
	Mar. 22, 2018$ / shares
Subsequent Event [Line Items]
Dividend declared, date declared	Mar. 22, 2018
Dividend declared, amount per share	$ 0.075
Dividend declared, payment date	Apr. 23, 2018
Dividend declared, record date	Apr. 9, 2018

SCHEDULE II - VALUATION AND Q59

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Valuation and Qualifying Accounts [Abstract]
Balance at Beginning of Period	$ 202	$ 178	$ 147
Charged to Cost and Expenses	102,701	102,826	105,258
Credited to Costs and Expenses	102,672	102,802	105,227
Balance at End of Period	$ 231	$ 202	$ 178