Destination Maternity (DESTQ) 10-Q 8 Jun 17 2017 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Apr. 29, 2017	Jun. 01, 2017
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Apr. 29, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q1
Trading Symbol	DEST
Entity Registrant Name	Destination Maternity Corp
Entity Central Index Key	896,985
Current Fiscal Year End Date	--02-03
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		13,986,179

CONSOLIDATED BALANCE SHEETS (un

CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($) $ in Thousands	Apr. 29, 2017	Jan. 28, 2017
Current assets:
Cash and cash equivalents	$ 2,328	$ 2,859
Trade receivables, net	7,172	5,683
Inventories	73,681	69,040
Prepaid expenses and other current assets	5,759	9,464
Total current assets	88,940	87,046
Property and equipment, net of accumulated depreciation and amortization of $96,463 and $97,461	79,738	83,029
Other assets:
Deferred line of credit financing costs, net of accumulated amortization of $744 and $717	429	456
Other intangible assets, net of accumulated amortization of $835 and $810	1,072	1,092
Deferred income taxes	718	3,251
Other non-current assets	1,128	1,113
Total other assets	3,347	5,912
Total assets	172,025	175,987
Current liabilities:
Line of credit borrowings	2,100	4,600
Current portion of long-term debt	6,967	6,948
Accounts payable	17,940	17,656
Accrued expenses and other current liabilities	32,072	31,359
Total current liabilities	59,079	60,563
Long-term debt	29,996	31,485
Deferred rent and other non-current liabilities	22,557	22,789
Total liabilities	111,632	114,837
Commitments and contingencies (Note 14)
Stockholders’ equity:
Preferred stock, 1,656,381 shares authorized: Series B junior participating preferred stock, $.01 par value; 300,000 shares authorized, none outstanding
Common stock, $.01 par value; 20,000,000 shares authorized, 13,986,725 and 14,010,417 shares issued and outstanding	140	140
Additional paid-in capital	106,154	105,775
Accumulated deficit	(45,831)	(44,693)
Accumulated other comprehensive loss	(70)	(72)
Total stockholders’ equity	60,393	61,150
Total liabilities and stockholders’ equity	$ 172,025	$ 175,987

CONSOLIDATED BALANCE SHEETS (u3

CONSOLIDATED BALANCE SHEETS (unaudited) (Parenthetical) - USD ($) $ in Thousands	Apr. 29, 2017	Jan. 28, 2017
Property and equipment, accumulated depreciation and amortization	$ 96,463	$ 97,461
Deferred line of credit financing costs, accumulated amortization	744	717
Other intangible assets, accumulated amortization	$ 835	$ 810
Preferred stock, shares authorized	1,656,381	1,656,381
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	20,000,000	20,000,000
Common stock, shares issued	13,986,725	14,010,417
Common stock, shares outstanding	13,986,725	14,010,417
Series B junior participating preferred stock
Preferred stock, shares authorized	300,000	300,000
Series B junior participating preferred stock, par value	$ 0.01	$ 0.01
Series B junior participating preferred stock, shares outstanding	0	0

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Apr. 29, 2017	Apr. 30, 2016
Income Statement [Abstract]
Net sales	$ 106,426	$ 124,430
Cost of goods sold	48,487	57,158
Gross profit	57,939	67,272
Selling, general and administrative expenses	55,649	58,775
Store closing, asset impairment and asset disposal expenses	1,518	606
Other charges	817	669
Operating income (loss)	(45)	7,222
Interest expense, net	1,004	652
Income (loss) before income taxes	(1,049)	6,570
Income tax provision	93	2,529
Net income (loss)	$ (1,142)	$ 4,041
Net income (loss) per share— Basic	$ (0.08)	$ 0.30
Average shares outstanding— Basic	13,748	13,684
Net income (loss) per share— Diluted	$ (0.08)	$ 0.30
Average shares outstanding— Diluted	13,748	13,686

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (unaudited) - USD ($) $ in Thousands	3 Months Ended
	Apr. 29, 2017	Apr. 30, 2016
Statement Of Income And Comprehensive Income [Abstract]
Net income (loss)	$ (1,142)	$ 4,041
Foreign currency translation adjustments	2	2
Comprehensive income (loss)	$ (1,140)	$ 4,043

CONSOLIDATED STATEMENTS OF STOC

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (unaudited) - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Accumulated Deficit	Accumulated Other Comprehensive Loss
Beginning Balance at Jan. 30, 2016	$ 92,898	$ 138	$ 104,784	$ (11,951)	$ (73)
Beginning Balance, shares at Jan. 30, 2016		13,825
Net income (loss)	4,041			4,041
Foreign currency translation adjustments	2				2
Dividends forfeited	14			14
Stock-based compensation	458	$ 2	456
Stock-based compensation, shares		150
Exercise of stock options, net	3		3
Exercise of stock options, shares		1
Tax benefit shortfall from stock option exercises and restricted stock vesting	(199)		(199)
Repurchase and retirement of common stock	(15)		(15)
Repurchase and retirement of common stock, shares		(2)
Ending Balance at Apr. 30, 2016	97,202	$ 140	105,029	(7,896)	(71)
Ending Balance, shares at Apr. 30, 2016		13,974
Beginning Balance at Jan. 28, 2017	61,150	$ 140	105,775	(44,693)	(72)
Beginning Balance, shares at Jan. 28, 2017		14,010
Net income (loss)	(1,142)			(1,142)
Foreign currency translation adjustments	2				2
Dividends forfeited	4			4
Stock-based compensation	414		414
Stock-based compensation, shares		(15)
Repurchase and retirement of common stock	(35)		(35)
Repurchase and retirement of common stock, shares		(8)
Ending Balance at Apr. 29, 2017	$ 60,393	$ 140	$ 106,154	$ (45,831)	$ (70)
Ending Balance, shares at Apr. 29, 2017		13,987

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($) $ in Thousands	3 Months Ended
	Apr. 29, 2017	Apr. 30, 2016
Operating Activities
Net income (loss)	$ (1,142)	$ 4,041
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation and amortization	4,461	4,386
Stock-based compensation expense	414	458
Loss on impairment of long-lived assets	1,346	411
Loss on disposal of assets	94	102
Grow NJ award benefit	2,533	(900)
Deferred income tax benefit		(220)
Amortization of deferred financing costs	103	51
Decrease (increase) in:
Trade receivables	(1,489)	(2,223)
Inventories	(4,641)	(4,674)
Prepaid expenses and other current assets	3,705	1,766
Other non-current assets	(15)	(46)
Increase (decrease) in:
Accounts payable, accrued expenses and other current liabilities	1,474	(9,392)
Deferred rent and other non-current liabilities	(253)	281
Net cash provided by (used in) operating activities	6,590	(5,959)
Investing Activities
Capital expenditures	(2,027)	(3,617)
Proceeds from sale of property and equipment		2
Additions to intangible assets	(10)	(43)
Net cash used in investing activities	(2,037)	(3,658)
Financing Activities
(Decrease) increase in cash overdraft	(1,004)	702
Decrease in line of credit borrowings	(2,500)	(19,600)
Proceeds from long-term debt		32,000
Repayment of long-term debt	(1,540)	(715)
Deferred financing costs paid	(6)	(1,094)
Withholding taxes on stock-based compensation paid in connection with repurchase of common stock	(35)	(15)
Proceeds from exercise of stock options		3
Net cash (used in) provided by financing activities	(5,085)	11,281
Effect of exchange rate changes on cash and cash equivalents	1	2
Net (Decrease) Increase in Cash and Cash Equivalents	(531)	1,666
Cash and Cash Equivalents, Beginning of Period	2,859	2,116
Cash and Cash Equivalents, End of Period	2,328	3,782
Supplemental Disclosures of Cash Flow Information:
Cash paid for interest	893	342
Cash (received) paid for income taxes	$ (4,510)	$ 143

Basis of Financial Statement Pr

Basis of Financial Statement Presentation	3 Months Ended
	Apr. 29, 2017
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Basis of Financial Statement Presentation	1. BASIS OF FINANCIAL STATEMENT PRESENTATION The accompanying unaudited consolidated financial statements for the three months ended April 29, 2017 and April 30, 2016 have been prepared in accordance with the requirements for Form 10-Q and Article 10 of Regulation S-X, and accordingly, certain information and footnote disclosures have been condensed or omitted. See the Company’s Annual Report on Form 10-K as of and for the year ended January 28, 2017 for Destination Maternity Corporation and subsidiaries (the “Company” or “Destination Maternity”) as filed with the Securities and Exchange Commission (“SEC”) for additional disclosures including a summary of the Company’s accounting policies. In the opinion of management, the consolidated financial statements contain all adjustments, consisting of normal recurring adjustments, necessary to present fairly the consolidated financial position, results of operations and cash flows of the Company for the periods presented. Since the Company’s operations are seasonal, the interim operating results of the Company may not be indicative of operating results for the full year. Certain prior year amounts have been reclassified to conform to the current year presentation. The Company operates on a 52/53 week fiscal year ending on the Saturday nearest January 31 of each year. References to the Company’s fiscal 2017 refer to the 53 week fiscal year, or periods within such fiscal year, which began January 29, 2017 and will end February 3, 2018. References to the Company’s fiscal 2016 refer to the 52 week fiscal year, or periods within such fiscal year, which began January 31, 2016 and ended January 28, 2017. On December 19, 2016 the Company entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Orchestra-Prémaman S.A. (“Orchestra”), a société anonyme organized under the laws of France, and US OP Corporation, a Delaware corporation and a wholly-owned subsidiary of Orchestra (“Merger Sub”), pursuant to which, subject to the satisfaction or waiver of certain conditions, Merger Sub will merge with and into the Company, with the Company surviving as a wholly-owned subsidiary of Orchestra (the “Merger”).

Earnings Per Share ("EPS") and

Earnings Per Share ("EPS") and Dividends	3 Months Ended
	Apr. 29, 2017
Earnings Per Share [Abstract]
Earnings Per Share ("EPS") and Dividends	2. EARNINGS PER SHARE (“EPS”) AND DIVIDENDS Basic net income (loss) (or earnings) per share (“Basic EPS”) is computed by dividing net income (loss) by the weighted average number of common shares outstanding, excluding restricted stock awards for which the restrictions have not lapsed. Diluted net income (loss) (or earnings) per share (“Diluted EPS”) is computed by dividing net income (loss) by the weighted average number of common shares outstanding, after giving effect to the potential dilution, if applicable, from the assumed lapse of restrictions on restricted stock and deferred stock unit awards, and from shares of common stock resulting from the assumed exercise of outstanding stock options. Common shares issuable in connection with the award of performance-based restricted stock units (“RSUs”) are excluded from the calculation of EPS until the RSUs’ performance conditions are achieved and the shares in respect of the RSUs become issuable (see Note 12). The following tables summarize the Basic EPS and Diluted EPS calculations (in thousands, except per share amounts): Three Months Ended April 29, 2017 April 30, 2016 Net Shares EPS Net Shares EPS Basic EPS $ (1,142 ) 13,748 $ (0.08 ) $ 4,041 13,684 $ 0.30 Incremental shares from the assumed exercise of outstanding stock options — — — 1 Incremental shares from the assumed lapse of restrictions on restricted stock and deferred stock unit awards — — — 1 Diluted EPS $ (1,142 ) 13,748 $ (0.08 ) $ 4,041 13,686 $ 0.30 In addition to performance-based RSUs, for the three months ended April 30, 2016 stock options and unvested restricted stock totaling approximately 1,045,000 shares were excluded from the calculation of Diluted EPS as their effect would have been antidilutive. Stock options, unvested restricted stock and unvested deferred stock units totaling approximately 1,166,000 shares of the Company’s common stock were outstanding as of April 29, 2017 but were not included in the computation of Diluted EPS for the three months ended April 29, 2017 due to the Company’s net loss. Had the Company reported a profit for the three months ended April 29, 2017 the weighted average number of dilutive shares outstanding for computation of Diluted EPS would have been approximately 13,776,000. During the three months ended April 29, 2017 and April 30, 2016 $4,000 and $14,000, respectively, of previously declared and undistributed dividends, for which payment was subject to completion of service requirements under restricted stock awards, were forfeited back to the Company in connection with the cancellation of the awards.

Trade Receivables

Trade Receivables	3 Months Ended
	Apr. 29, 2017
Receivables [Abstract]
Trade Receivables	3. TRADE RECEIVABLES Trade receivables are recorded based on revenue recognized for sales of the Company’s merchandise and for other revenue earned by the Company through its marketing partnership programs and international franchise agreements, and are non-interest bearing. The Company evaluates the collectability of trade receivables based on a combination of factors, including aging of trade receivables, write-off experience, analysis of historical trends and expectations of future performance. An allowance for doubtful accounts is recorded for the amount of trade receivables that are considered unlikely to be collected. When the Company’s collection efforts are unsuccessful, uncollectible trade receivables are charged against the allowance for doubtful accounts. As of April 29, 2017 and January 28, 2017 the Company’s trade receivables were net of allowance for doubtful accounts of $166,000 and $163,000, respectively.

Inventories

Inventories	3 Months Ended
	Apr. 29, 2017
Inventory Disclosure [Abstract]
Inventories	4. INVENTORIES Inventories were comprised of the following (in thousands): April 29, 2017 January 28, 2017 Finished goods $ 73,085 $ 68,346 Work-in-progress 158 212 Raw materials 438 482 $ 73,681 $ 69,040

Accrued Expenses and Other Curr

Accrued Expenses and Other Current Liabilities	3 Months Ended
	Apr. 29, 2017
Payables And Accruals [Abstract]
Accrued Expenses and Other Current Liabilities	5. ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES Accrued expenses and other current liabilities were comprised of the following (in thousands): April 29, 2017 January 28, 2017 Employee compensation and benefits $ 6,905 $ 6,754 Insurance, primarily self-insurance reserves 5,413 5,421 Deferred rent 3,433 3,507 Sales and use taxes 3,145 2,591 Gift certificates and store credits 2,698 4,305 Product return reserve 2,188 1,615 Accounting and legal 1,737 1,276 Accrued property and equipment additions 663 316 Income taxes payable 370 12 Other 5,520 5,562 $ 32,072 $ 31,359

Line of Credit

Line of Credit	3 Months Ended
	Apr. 29, 2017
Debt Disclosure [Abstract]
Line of Credit	6. LINE OF CREDIT After completion of a debt refinancing on March 25, 2016 the Company has a $70,000,000 senior secured revolving credit facility (the “Credit Facility”), which was amended and restated in connection with the issuance of the Company’s $32,000,000 Term Loan (see Note 7). Previously the Credit Facility was $76,000,000 and consisted of two tranches: 1) a senior secured revolving credit and letter of credit facility of up to $70,000,000 (“Tranche A”) and 2) a senior secured first-in, last-out revolving credit facility of up to $6,000,000 (“Tranche A-1”). On March 25, 2016 proceeds from the Term Loan were used to repay a portion of the outstanding indebtedness under the Credit Facility, including repayment of the entire balance outstanding under Tranche A-1, which was then terminated. In connection with the Term Loan financing the maturity date of the Credit Facility was extended from August 25, 2020 to March 25, 2021. Proceeds from advances under the Credit Facility, with certain restrictions may be used to provide financing for working capital, letters of credit, capital expenditures, and other general corporate purposes. Effective December 19, 2016 the Company’s Credit Facility lender consented to the Merger and the Credit Facility was amended to require a $10,000,000 EBITDA Reserve (as defined in the related Credit Facility agreement) against availability under the Credit Facility. Effective April 7, 2017 the Credit facility was further amended to allow the Company to enter into certain equipment financing arrangements, on the condition that a portion of the proceeds of such financing be applied as a prepayment of the Term Loan (see Note 7). The amendment also provides for an additional reserve of $5,000,000 against availability under the Credit Facility that will be reduced dollar for dollar for prepayments of the Term Loan in accordance with the amendment. On June 6, 2017 $3,401,000 of proceeds from an equipment financing transaction (see Note 7) were used to prepay a portion of the Company’s Term Loan and to reduce the required additional reserve to $1,599,000. The Credit Facility contains various affirmative and negative covenants and representations and warranties. In the event that the outstanding balance of the Term Loan exceeds the Term Loan Borrowing Base (as defined in the related Term Loan Agreement) then a reserve will be imposed against availability under the Credit Facility. The Credit Facility, as amended on April 7, 2017, also requires the Company to maintain minimum Excess Availability (as defined in the related Credit Facility agreement) equal to the greater of 10% of the Combined Loan Cap (as defined in the Credit Facility agreement) or $10,000,000. The Credit Facility is secured by a security interest in the Company’s trade receivables, inventory, letter of credit rights, cash, intangibles and certain other assets. The interest rate on outstanding borrowings is equal to, at the Company’s election, either 1) the lender’s base rate plus the applicable margin, or 2) a LIBOR rate plus the applicable margin. The applicable margin for base rate borrowings is 0.50% for Tranche A borrowings and was 2.00% for Tranche A-1 borrowings. The applicable margin for LIBOR rate borrowings is 1.50% for Tranche A borrowings and was 3.00% for Tranche A-1 borrowings. Tranche A-1 borrowings were deemed to be the first loans made and the last loans repaid. The Company also pays an unused line fee under the Credit Facility of 0.25% per annum. In connection with the original execution and subsequent amendments of the Credit Facility, the Company incurred deferred financing costs of $1,173,000. These deferred financing costs are being amortized over the term of the Credit Facility agreement and included in “interest expense, net” in the consolidated statements of operations. As of April 29, 2017 the Company had $2,100,000 in outstanding borrowings under the Credit Facility and $5,827,000 in letters of credit, with $14,729,000 of availability under the Credit Facility based on the Company’s Borrowing Base formula and minimum Excess Availability requirement. As of April 30, 2016 the Company had $8,800,000 in outstanding borrowings under the Credit Facility and $5,753,000 in letters of credit, with $38,035,000 of availability under the Credit Facility based on the Company’s Borrowing Base formula and minimum Excess Availability requirement. For the three months ended April 29, 2017 and April 30, 2016 Tranche A borrowings had a weighted interest rate of 3.11% and 2.33%, respectively, per annum. For the three months ended April 30, 2016 Tranche A-1 borrowings had a weighted interest rate of 3.56% per annum. During the three months ended April 29, 2017 and April 30, 2016 the Company’s average level of direct borrowings under the Credit Facility was $11,138,000 and $26,604,000, respectively, and the Company’s maximum borrowings at any time were $15,700,000 and $42,700,000, respectively.

Long-Term Debt

Long-Term Debt	3 Months Ended
	Apr. 29, 2017
Debt Disclosure [Abstract]
Long-Term Debt	7. LONG-TERM DEBT On March 25, 2016 the Company entered into a Term Loan Credit Agreement (the “Term Loan Agreement”) for a $32,000,000 term loan due March 25, 2021 (the “Term Loan”), the proceeds of which were received on March 25, 2016 and were used to repay a portion of the outstanding indebtedness under the Company’s existing Credit Facility (see Note 6). The interest rate on the Term Loan is equal to a LIBOR rate (with a 1.00% LIBOR floor) plus 7.50%. The Company is required to make minimum repayments of the principal amount of the Term Loan in quarterly installments of $800,000 each, with the remaining outstanding balance payable on the maturity date. Additionally, the Term Loan can be prepaid at the Company's option subject to certain restrictions, in part or in whole at any time, subject to the payment of a prepayment premium as follows: 1) 3% on or prior to the first anniversary of the closing date, 2) 2% from the first anniversary to the second anniversary of the closing date, and 3) 1% after the second anniversary but on or prior to the third anniversary of the closing date. Effective December 19, 2016 the Company’s Term Loan lenders consented to the Merger and the Term Loan Agreement was amended to change the definition of Consolidated EBITDA (see below) to allow the Company to add back certain transaction costs relating to the Merger and modified the financial covenant limiting capital expenditures (see below). Effective April 7, 2017 the Term Loan Agreement was further amended to allow the Company to enter into certain equipment financing arrangements, on the condition that a portion of the proceeds of such financing be applied as a prepayment of the Term Loan. The April 7, 2017 Term Loan Agreement amendment also provides for an additional reserve of $5,000,000 against availability under the Credit Facility that will be reduced dollar for dollar for prepayments of the Term Loan in accordance with the amendment (see Note 6) and eliminates the covenant requiring maintenance of a minimum level of Consolidated EBITDA (see below). On June 6, 2017 $3,401,000 of proceeds from an equipment financing transaction (see below) were used to prepay a portion of the Company’s Term Loan and to reduce the required additional reserve to $1,599,000. The Term Loan is secured by a security interest in substantially all of the assets of the Company, including accounts receivable, inventory, equipment, letter of credit rights, cash, intellectual property and other intangibles, and certain other assets. The security interest granted to the Term Lenders is, in certain respects, subordinate to the security interest granted to the Credit Facility Lender. The Term Loan Agreement prohibits the payment of dividends or share repurchases by the Company for three years and imposes certain restrictions on the Company's ability to, among other things, incur additional indebtedness and enter into other various types of transactions. The Term Loan Agreement, as amended on April 7, 2017, requires the Company to maintain Excess Availability (as defined in the related Credit Facility agreement) equal to the greater of 10% of the Combined Loan Cap (as defined in the related Credit Facility agreement) or $10,000,000. Prior to the April 7, 2017 Term Loan Agreement amendment, the Company was required to maintain quarterly Consolidated EBITDA (as defined in the related Term Loan Agreement) in an amount not less than the levels specified for each period in the Term Loan Agreement up to $30,000,000 for the four fiscal quarters ending on February 1, 2020 and thereafter. For all periods prior to the elimination of the Consolidated EBITDA covenant, the Company’s Consolidated EBITDA exceeded the Consolidated EBITDA requirements under the Term Loan Agreement. The April 7, 2017 Term Loan Agreement amendment prohibits the Company from making capital expenditures (net of tenant allowances) in excess of a specified amount in any period of four fiscal quarters (subject to carryforward of 50% of any underutilization). The limitation on capital expenditures ranges from $16,000,000 for the four fiscal quarters ending on January 28, 2017 to $10,500,000 for the four fiscal quarters ending on February 3, 2018, and increases to $17,000,000 for the four fiscal quarters ending on May 5, 2018 and thereafter. For the four fiscal quarters ended on April 29, 2017 the Company’s net capital expenditures did not exceed the $14,625,000 limit. Any amounts outstanding under the Term Loan may be accelerated and become due and payable immediately upon an event of default and expiration of any applicable cure period. In connection with the execution of the Term Loan Agreement and subsequent amendments, the Company incurred deferred financing costs of $1,497,000. These deferred financing costs are reflected as a direct deduction from the Term Loan liability in the consolidated balance sheets and are being amortized over the term of the Term Loan Agreement and included in “interest expense, net” in the consolidated statements of operations. As of April 29, 2017 and April 30, 2016 there was $8,562,000 and $11,484,000, respectively, outstanding under a five-year equipment financing arrangement with the Company’s Credit Facility bank. The equipment note bears annual interest at 3.38%, with payments of $272,000 (including interest) due monthly through December 2019. The equipment note is collateralized by substantially all of the material handling equipment at the Company’s distribution facility in Florence, New Jersey. Any amounts outstanding under the equipment note may be accelerated and become due and payable immediately upon an event of default and expiration of any applicable cure period. On June 6, 2017 the Company received $3,401,000 in proceeds from a three-year financing arrangement in the form of a sale and leaseback for certain furniture, fixtures and software. Monthly payments under the leaseback arrangement are $123,000 for the first 24 months and $48,000 for months 25 to 36. At the end of the leaseback term, the Company has the option to extend the lease for an additional year or to repurchase the financed property for a price to be agreed. All of the proceeds from the transaction were used to prepay a portion of the Company’s Term Loan.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Apr. 29, 2017
Fair Value Disclosures [Abstract]
Fair Value Measurements	8. FAIR VALUE MEASUREMENTS The accounting standard for fair value measurements defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The standard establishes a framework for measuring fair value focused on exit price and creates a fair value hierarchy in order to increase the consistency and comparability of fair value measurements as follows: 1. Level 1 – Quoted market prices in active markets for identical assets or liabilities 2. Level 2 – Observable market-based inputs or inputs that are corroborated by observable market data 3. Level 3 – Unobservable inputs that are not corroborated by market data At both April 29, 2017 and January 28, 2017 the Company had cash equivalents of $4,000. The Company’s cash equivalents consist of investments in money market funds for which the carrying value approximates fair value (based on Level 1 inputs) due to the short-term nature of those instruments. The carrying values of trade receivables and accounts payable approximate fair value due to the short-term nature of those instruments. The Company’s Credit Facility has variable interest rates that are tied to market indices. As of April 29, 2017 and January 28, 2017 the Company had $2,100,000 and $4,600,000, respectively, of direct borrowings outstanding under the Credit Facility. The carrying value of the Company’s Credit Facility borrowings approximates fair value as the variable interest rates approximate current market rates, which the Company considers to be Level 2 inputs. The Company’s Term Loan, which represents a significant majority of the Company’s long-term debt, bears interest at variable rates, which adjust based on market conditions with a minimum annual rate of 8.50%. The carrying value of the Company’s Term Loan approximates fair value as the variable interest rates approximate current market rates

Other Charges

Other Charges	3 Months Ended
	Apr. 29, 2017
Other Charges Related To Proposed Business Combination And Management And Organizational Changes [Abstract]
Other Charges	9. OTHER CHARGES During the fourth quarter of fiscal 2015 the Company announced that it had received an unsolicited, non-binding preliminary merger proposal from the Company’s largest shareholder, Orchestra, a France-based retailer of children’s wear. On December 19, 2016 the Company entered into the Merger Agreement. The merger is expected to be completed during the third quarter of fiscal 2017. During the three months ended April 29, 2017 and April 30, 2016 the Company incurred $814,000 and $221,000, respectively, of charges related to the merger proposal and Merger Agreement. Prior to the completion of the Merger, the Company and Orchestra are evaluating opportunities for shared service arrangements. In connection therewith the Company has entered into three agreements with Orchestra USA Inc. (“Orchestra USA”), a wholly-owned subsidiary of Orchestra, to commence in fiscal 2017, under which the Company may provide real estate and construction project consulting services and may purchase infant and childrenswear merchandise for sale in certain of the Company’s stores. Orchestra USA will pay the Company up to $65,000 for each fully-executed real estate lease and pay up to $34,000 for each fully-completed construction project. The Company’s cost for merchandise under the product purchase agreement will be agreed on an order-by-order basis. For the first quarter of fiscal 2017 the Company recognized $10,000 of revenue for real estate consulting services, for which payment was received in May 2017. Subsequent to the appointment of Anthony M. Romano as the Company’s Chief Executive Officer (“CEO”) in August 2014, the Company commenced a program to evaluate its business processes, key management personnel and planning resources. In connection with this evaluation, the Company has implemented changes with a focus on improving inventory management, driving sales productivity, optimizing real estate and controlling costs. The Company implemented an improved product life cycle calendar in fiscal 2015, completed the implementation of a new planning and allocation tool in fiscal 2016 and completed a re-platforming of reach of its e-commerce sites during the first quarter of fiscal 2017, as it continues to improve its planning and allocation methodologies and e-commerce platform. The Company’s real estate strategy includes increased focus on the Company’s two key maternity apparel brands with strategic phase-out and elimination of certain non-core brands and business relationships. During the three months ended April 29, 2017 and April 30, 2016 the Company incurred $3,000 and $448,000, respectively, of charges related to these management and organizational changes. A summary of the charges incurred in connection with the proposed business combination and the management and organizational changes is as follows (in thousands): Three Months Ended April 29, 2017 April 30, 2016 Proposed Business Combination Legal and other professional fees $ 814 $ 221 Management and Organizational Changes Severance and related benefits 3 118 Non-core brand contract termination — 325 Consulting fees — 5 Total management and organizational changes 3 448 Total other charges $ 817 $ 669

Government Incentives

Government Incentives	3 Months Ended
	Apr. 29, 2017
Government Incentives Disclosure [Abstract]
Government Incentives	10. GOVERNMENT INCENTIVES In September 2013 the Company announced its plans to relocate its corporate headquarters and distribution operations from Philadelphia, Pennsylvania to southern New Jersey (the “Project”). The Company completed the relocation of its corporate headquarters in January 2015 and completed the relocation of its distribution operations in August 2015. To partially offset the costs of these relocations, the Board of the New Jersey Economic Development Authority (“NJEDA”) approved the Company for an incentive package of up to $40,000,000 in benefits under the Grow New Jersey Assistance Program (“Grow NJ”) in the form of transferrable income tax credits over a ten-year period from the State of New Jersey. The Company’s Grow NJ award required a minimum capital investment of $20,000,000 with the total potential award being equal to the total eligible capital investment in the Project and subject to an overall award limit of $40,000,000. The award provides annually over a ten-year period up to $7,000 per eligible new full-time job, as defined under Grow NJ, with a requirement that at least 100 eligible jobs were created and subject to an annual award limit of $4,000,000. The Grow NJ award will be earned on an annual basis over the ten-year period, subject to the $4,000,000 annual award limit, and requires an annual compliance report that includes certification of average annual employment figures after the end of each fiscal year. After the end of the ten-year Grow NJ award earnings period there is a five-year compliance period during which the Company must maintain the average of its annual eligible jobs certified during the preceding ten years or a pro-rata amount up to one-tenth of the previously awarded income tax credits would be subject to recapture and repayment to the State of New Jersey annually during the five-year compliance period. The Company believes the likelihood of any recapture and repayment is remote. The annual benefit from the Grow NJ award available to the Company is expected to significantly exceed the Company’s annual income tax liability to the State of New Jersey. In order to maximize the realizable value of the incentive package, in December 2013 the Company entered into an agreement with a third party to sell 75% or more of the annual income tax credits awarded to the Company. The Company recognizes its Grow NJ award on an annual basis for each fiscal year based on the realizable value of the award earned and expected to be received, primarily from the sale of the income tax credits, net of any associated costs. The Grow NJ award is reflected in the Company’s consolidated financial statements as a reduction to the costs incurred by the Company in connection with the relocations. The Grow NJ award earned is reflected in the Company’s consolidated financial statements as a reduction to the costs incurred by the Company in connection with the relocations. The expected realizable amount of the Grow NJ award is included in the consolidated balance sheet in deferred income taxes. In April 2017 the Company received $3,251,000 cash proceeds, net of costs, from the receipt and subsequent sale of the $3,612,000 tax credit certificate earned for fiscal 2016. During the first quarter of fiscal 2017 and fiscal 2016 the Company recognized $718,000 and $900,000, respectively, of cost reduction related to the Grow NJ award, of which $713,000 and $763,000, respectively, is included in the consolidated statements of operations, including reductions of cost of goods sold of $514,000 and $512,000, respectively, and reductions of selling, general and administrative expenses of $199,000 and $251,000, respectively. Additionally, $815,000 and $810,000, is included in the consolidated balance sheets as of April 29, 2017 and January 28, 2017, respectively, as a reduction to overhead in inventory.

Income Taxes

Income Taxes	3 Months Ended
	Apr. 29, 2017
Income Tax Disclosure [Abstract]
Income Taxes	11. INCOME TAXES Accounting Standards Codification (“ASC”) Topic 740, Income Taxes As of April 29, 2017 the Company had $764,000 of unrecognized tax benefits related to uncertain income tax positions, including accrued interest and penalties of $336,000. The Company records interest and penalties related to unrecognized tax benefits in its income tax provision. If recognized, the portion of the liabilities for unrecognized tax benefits that would impact the Company’s effective tax rate was $555,000, net of federal benefit. During the 12 months subsequent to April 29, 2017 it is reasonably possible that the gross unrecognized tax benefits could potentially decrease by approximately $383,000 (of which approximately $271,000 would affect the effective tax rate, net of federal expense) for uncertain tax positions, primarily from the effect of expiring statutes of limitations, partially offset by the continued effect of interest on unrecognized tax benefits. The Company’s United States Federal income tax returns for years ended September 30, 2012 and thereafter remain subject to examination by the United States Internal Revenue Service. The Company also files tax returns in Canada, India, Kuwait and numerous United States state jurisdictions, which have varying statutes of limitations. Generally, Canadian tax returns for tax years ended September 30, 2008 and thereafter, Indian tax returns for tax years ended March 31, 2010 and thereafter, and United States state tax returns for tax years ended September 30, 2012 and thereafter, depending upon the jurisdiction, remain subject to examination. However, the statutes of limitations on certain of the Company’s United States state tax returns remain open for years prior to fiscal 2012.

Equity Award Plans

Equity Award Plans	3 Months Ended
	Apr. 29, 2017
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Equity Award Plans	12. EQUITY AWARD PLANS The Compensation Committee of the Company’s Board of Directors established performance goals for the award of performance-based RSUs for the Company’s executive officers, under the Amended and Restated Destination Maternity Corporation 2005 Equity Incentive Plan, in each of August 2016 and April 2016 (collectively the “Fiscal 2016 Awards”) and April 2015 (the “Fiscal 2015 Awards”). The RSUs earned, if any, under the awards will be based on the Company’s cumulative adjusted EBITDA, as defined in the applicable award agreement (“RSU Adjusted EBITDA”) for a specified three-year period (“Performance Period”). The grant of any RSUs under these awards will generally be further contingent on the continued employment of the executive officers with the Company through the dates on which the shares in respect of these RSUs, if any, are issued following the end of the applicable Performance Periods, as well as the achievement of certain minimum levels of RSU Adjusted EBITDA in the final fiscal year of each applicable Performance Period. The additional RSUs, if any, will be earned on the same terms as the original RSUs. The following table sets forth the aggregate minimum, target and maximum RSUs, that may be earned by the executive officers for each fiscal year award cycle. Awards Performance Period Minimum RSUs Target RSUs Maximum RSUs Fiscal 2016 Awards January 31, 2016 to February 2, 2019 13,698 54,789 82,815 Fiscal 2015 Awards February 1, 2015 to February 3, 2018 15,218 30,436 45,655 Fiscal 2015 Awards include the prorated number of RSUs that may be earned by the Company’s former President and exclude RSUs forfeited by the Company’s former Executive Vice President & Chief Financial Officer. During fiscal 2016 the Company determined that the Fiscal 2016 Awards and Fiscal 2015 Awards were unlikely to be earned, even at the minimum level. During the three months ended April 29, 2017 and April 30, 2016 certain vesting restricted stock awards were net-share settled by the Company such that the Company withheld shares of the Company’s common stock, which had a fair market value equivalent to the minimum statutory obligation for the applicable income and employment taxes for the awards, and the Company remitted the cash value to the appropriate taxing authorities. The total shares withheld in connection with the tax obligations, which were approximately 8,000 and 2,000 shares, respectively, during the three months ended April 29, 2017 and April 30, 2016, are reflected as repurchase of common stock in the accompanying financial statements, and were based on the value of the Company’s common stock on the vesting date. The remaining shares, net of those withheld, were delivered to the award holders. Total payments for tax obligations to the tax authorities were $35,000 and $15,000 for the three months ended April 29, 2017 and April 30, 2016, respectively.

Recent Accounting Pronouncement

Recent Accounting Pronouncements and Change in Accounting Principle	3 Months Ended
	Apr. 29, 2017
New Accounting Pronouncements And Changes In Accounting Principles [Abstract]
Recent Accounting Pronouncements and Change in Accounting Principle	13. RECENT ACCOUNTING PRONOUNCEMENTS AND CHANGE IN ACCOUNTING PRINCIPLE a. Newly Adopted Accounting Pronouncements In March 2016 the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting effective January 29, 2017 and the adoption did not have a material impact on the Company’s consolidated financial position, results of operations or cash flows. In November 2015 the FASB issued ASU No. 2015-17, Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes In July 2015 the FASB issued ASU No. 2015-11, Inventory (Topic 330): Simplifying the Measurement of Inventory b. Proposed Accounting Pronouncements In May 2017 the FASB issued ASU No. 2017-09, Compensation - Stock Compensation (Topic 718): Scope of Modification Accounting In October 2016 the FASB issued ASU No. 2016-16, Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory In August 2016 the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments In February 2016 the FASB issued ASU No. 2016-02, Leases (Topic 842) Leases While the Company is still evaluating this standard, given the significant number of leases the Company is party to, the Company expects this standard will have a material impact on the Company's consolidated balance sheets from the recognition of right-of-use assets and related liabilities but does not expect it to have a material impact on the consolidated statements of operations. In May 2014 the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date c. Change in Accounting Principle The Company sells gift cards to its customers in its retail stores, through its websites and through select third parties. The portion of gift cards sold to customers which are never redeemed is commonly referred to as gift card breakage. Prior to fiscal 2017 the Company recognized revenue from gift card breakage after it determined that any legal obligation to report and remit the value associated with abandoned property had been satisfied. The Company has accumulated a significant amount of historical data from its past gift card transactions, allowing it to reasonably and objectively determine the pattern of gift card redemptions and a related estimated gift card breakage rate. In the first quarter of fiscal 2017 the Company has elected to record revenue from gift card breakage over the period of, and in proportion to, the actual redemptions of gift cards based on the Company’s historical breakage. The Company believes this method is preferable as it better reflects the gift card earnings process resulting in the recognition of gift card breakage income over the period of gift card redemptions (i.e., over the performance period). The Company has determined that this accounting change represents a change in accounting estimate effected by a change in accounting principle. In accordance with the requirements of ASC Topic 250 related to such accounting changes, during the first quarter of fiscal 2017 the Company recognized $764,000 of revenue as a cumulative adjustment for the accounting change.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Apr. 29, 2017
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	1 4 . COMMITMENTS AND CONTINGENCIES From time to time, the Company is named as a defendant in legal actions arising from normal business activities. Litigation is inherently unpredictable, and although the amount of any liability that could arise with respect to currently pending actions cannot be accurately predicted, the Company does not believe that the resolution of any pending action will have a material adverse effect on its financial position, results of operations or liquidity.

Segment and Enterprise Wide Dis

Segment and Enterprise Wide Disclosures	3 Months Ended
	Apr. 29, 2017
Segment Reporting [Abstract]
Segment and Enterprise Wide Disclosures	15. SEGMENT AND ENTERPRISE WIDE DISCLOSURES Operating Segment . For purposes of the disclosure requirements for segments of a business enterprise, the Company has determined that its business is comprised of one operating segment: the design, manufacture and sale of maternity apparel and related accessories. While the Company offers a wide range of products for sale, the substantial portion of its products are initially distributed through the same distribution facilities, many of the Company’s products are manufactured at common contract manufacturer production facilities, the Company’s products are marketed through a common marketing department, and these products are sold to a similar customer base consisting of expectant mothers. Geographic Information . Geographic revenue information is allocated based on the country in which the products or services are sold, and in the case of international franchise revenues, on the location of the customer. Information concerning the Company’s operations by geographic area was as follows (in thousands): Three Months Ended April 29, 2017 April 30, 2016 Net Sales United States $ 100,429 $ 116,286 Foreign 5,997 8,144 April 29, 2017 January 28, 2017 Long-Lived Assets United States $ 78,670 $ 81,811 Foreign 2,140 2,310 Major Customers . For the periods presented, the Company did not have any one customer who represented more than 10% of its net sales.

Interest Expense, Net

Interest Expense, Net	3 Months Ended
	Apr. 29, 2017
Banking And Thrift Interest [Abstract]
Interest Expense, Net	16. INTEREST EXPENSE, NET Interest expense, net was comprised of the following (in thousands): Three Months Ended April 29, 2017 April 30, 2016 Interest expense $ 1,005 $ 652 Interest income (1 ) — Interest expense, net $ 1,004 $ 652

Recent Accounting Pronounceme24

Recent Accounting Pronouncements and Change in Accounting Principle (Policies)	3 Months Ended
	Apr. 29, 2017
Accounting Policies [Abstract]
Newly Adopted Accounting Pronouncements	a. Newly Adopted Accounting Pronouncements In March 2016 the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting effective January 29, 2017 and the adoption did not have a material impact on the Company’s consolidated financial position, results of operations or cash flows. In November 2015 the FASB issued ASU No. 2015-17, Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes In July 2015 the FASB issued ASU No. 2015-11, Inventory (Topic 330): Simplifying the Measurement of Inventory
Proposed Accounting Pronouncements	b. Proposed Accounting Pronouncements In May 2017 the FASB issued ASU No. 2017-09, Compensation - Stock Compensation (Topic 718): Scope of Modification Accounting In October 2016 the FASB issued ASU No. 2016-16, Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory In August 2016 the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments In February 2016 the FASB issued ASU No. 2016-02, Leases (Topic 842) Leases While the Company is still evaluating this standard, given the significant number of leases the Company is party to, the Company expects this standard will have a material impact on the Company's consolidated balance sheets from the recognition of right-of-use assets and related liabilities but does not expect it to have a material impact on the consolidated statements of operations. In May 2014 the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date
Change in Accounting Principle	c. Change in Accounting Principle The Company sells gift cards to its customers in its retail stores, through its websites and through select third parties. The portion of gift cards sold to customers which are never redeemed is commonly referred to as gift card breakage. Prior to fiscal 2017 the Company recognized revenue from gift card breakage after it determined that any legal obligation to report and remit the value associated with abandoned property had been satisfied. The Company has accumulated a significant amount of historical data from its past gift card transactions, allowing it to reasonably and objectively determine the pattern of gift card redemptions and a related estimated gift card breakage rate. In the first quarter of fiscal 2017 the Company has elected to record revenue from gift card breakage over the period of, and in proportion to, the actual redemptions of gift cards based on the Company’s historical breakage. The Company believes this method is preferable as it better reflects the gift card earnings process resulting in the recognition of gift card breakage income over the period of gift card redemptions (i.e., over the performance period). The Company has determined that this accounting change represents a change in accounting estimate effected by a change in accounting principle. In accordance with the requirements of ASC Topic 250 related to such accounting changes, during the first quarter of fiscal 2017 the Company recognized $764,000 of revenue as a cumulative adjustment for the accounting change.

Earnings Per Share ("EPS") an25

Earnings Per Share ("EPS") and Dividends (Tables)	3 Months Ended
	Apr. 29, 2017
Earnings Per Share [Abstract]
Summary of Basic EPS and Diluted EPS Calculations	The following tables summarize the Basic EPS and Diluted EPS calculations (in thousands, except per share amounts): Three Months Ended April 29, 2017 April 30, 2016 Net Shares EPS Net Shares EPS Basic EPS $ (1,142 ) 13,748 $ (0.08 ) $ 4,041 13,684 $ 0.30 Incremental shares from the assumed exercise of outstanding stock options — — — 1 Incremental shares from the assumed lapse of restrictions on restricted stock and deferred stock unit awards — — — 1 Diluted EPS $ (1,142 ) 13,748 $ (0.08 ) $ 4,041 13,686 $ 0.30

Inventories (Tables)

Inventories (Tables)	3 Months Ended
	Apr. 29, 2017
Inventory Disclosure [Abstract]
Inventories	Inventories were comprised of the following (in thousands): April 29, 2017 January 28, 2017 Finished goods $ 73,085 $ 68,346 Work-in-progress 158 212 Raw materials 438 482 $ 73,681 $ 69,040

Accrued Expenses and Other Cu27

Accrued Expenses and Other Current Liabilities (Tables)	3 Months Ended
	Apr. 29, 2017
Payables And Accruals [Abstract]
Accrued Expenses and Other Current Liabilities	Accrued expenses and other current liabilities were comprised of the following (in thousands): April 29, 2017 January 28, 2017 Employee compensation and benefits $ 6,905 $ 6,754 Insurance, primarily self-insurance reserves 5,413 5,421 Deferred rent 3,433 3,507 Sales and use taxes 3,145 2,591 Gift certificates and store credits 2,698 4,305 Product return reserve 2,188 1,615 Accounting and legal 1,737 1,276 Accrued property and equipment additions 663 316 Income taxes payable 370 12 Other 5,520 5,562 $ 32,072 $ 31,359

Other Charges (Tables)

Other Charges (Tables)	3 Months Ended
	Apr. 29, 2017
Other Charges Related To Proposed Business Combination And Management And Organizational Changes [Abstract]
Schedule of Charges Incurred in Proposed Business Combination and Management and Organizational Changes	A summary of the charges incurred in connection with the proposed business combination and the management and organizational changes is as follows (in thousands): Three Months Ended April 29, 2017 April 30, 2016 Proposed Business Combination Legal and other professional fees $ 814 $ 221 Management and Organizational Changes Severance and related benefits 3 118 Non-core brand contract termination — 325 Consulting fees — 5 Total management and organizational changes 3 448 Total other charges $ 817 $ 669

Equity Award Plans (Tables)

Equity Award Plans (Tables)	3 Months Ended
	Apr. 29, 2017
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Summary of Cumulative Minimum, Target and Maximum Restricted Stock Units Award Activity	The following table sets forth the aggregate minimum, target and maximum RSUs, that may be earned by the executive officers for each fiscal year award cycle. Awards Performance Period Minimum RSUs Target RSUs Maximum RSUs Fiscal 2016 Awards January 31, 2016 to February 2, 2019 13,698 54,789 82,815 Fiscal 2015 Awards February 1, 2015 to February 3, 2018 15,218 30,436 45,655

Segment and Enterprise Wide D30

Segment and Enterprise Wide Disclosures (Tables)	3 Months Ended
	Apr. 29, 2017
Segment Reporting [Abstract]
Operations by Geographic Area	Geographic Information . Geographic revenue information is allocated based on the country in which the products or services are sold, and in the case of international franchise revenues, on the location of the customer. Information concerning the Company’s operations by geographic area was as follows (in thousands): Three Months Ended April 29, 2017 April 30, 2016 Net Sales United States $ 100,429 $ 116,286 Foreign 5,997 8,144 April 29, 2017 January 28, 2017 Long-Lived Assets United States $ 78,670 $ 81,811 Foreign 2,140 2,310

Interest Expense, Net (Tables)

Interest Expense, Net (Tables)	3 Months Ended
	Apr. 29, 2017
Banking And Thrift Interest [Abstract]
Interest Expense, Net	Interest expense, net was comprised of the following (in thousands): Three Months Ended April 29, 2017 April 30, 2016 Interest expense $ 1,005 $ 652 Interest income (1 ) — Interest expense, net $ 1,004 $ 652

Basis of Financial Statement 32

Basis of Financial Statement Presentation - Additional Information (Details)	3 Months Ended
	Apr. 29, 2017
Orchestra-Premaman S.A.
Basis Of Financial Statement Presentation [Line Items]
Date of merger agreement	Dec. 19, 2016

Earnings Per Share ("EPS") an33

Earnings Per Share ("EPS") and Dividends - Summary of Basic EPS and Diluted EPS Calculations (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Apr. 29, 2017	Apr. 30, 2016
Earnings Per Share Diluted [Line Items]
Net Income (Loss)	$ (1,142)	$ 4,041
Basic shares	13,748	13,684
Diluted shares	13,748	13,686
Basic EPS	$ (0.08)	$ 0.30
Diluted EPS	$ (0.08)	$ 0.30
Employee Stock Option
Earnings Per Share Diluted [Line Items]
Incremental shares from the assumed exercise of outstanding stock options		1
Restricted Stock and Deferred Stock Unit Awards
Earnings Per Share Diluted [Line Items]
Incremental shares from the assumed lapse of restrictions on restricted stock and deferred stock unit awards		1

Earnings Per Share ("EPS") an34

Earnings Per Share ("EPS") and Dividends - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 29, 2017	Apr. 30, 2016
Earnings Per Share Diluted [Line Items]
Options, unvested restricted stock and unvested deferred stock units	1,166,000	1,045,000
Weighted average number of diluted shares outstanding	13,748,000	13,686,000
Dividends forfeited	$ 4	$ 14
Pro Forma
Earnings Per Share Diluted [Line Items]
Weighted average number of diluted shares outstanding		13,776,000

Trade Receivables - Additional

Trade Receivables - Additional Information (Details) - USD ($) $ in Thousands	Apr. 29, 2017	Jan. 28, 2017
Receivables [Abstract]
Trade receivables, allowance for doubtful accounts	$ 166	$ 163

Inventories - Inventories (Deta

Inventories - Inventories (Details) - USD ($) $ in Thousands	Apr. 29, 2017	Jan. 28, 2017
Inventory Disclosure [Abstract]
Finished goods	$ 73,085	$ 68,346
Work-in-progress	158	212
Raw materials	438	482
Total	$ 73,681	$ 69,040

Accrued Expenses and Other Cu37

Accrued Expenses and Other Current Liabilities - Accrued Expenses and Other Current Liabilities (Details) - USD ($) $ in Thousands	Apr. 29, 2017	Jan. 28, 2017
Payables and Accruals [Abstract]
Employee compensation and benefits	$ 6,905	$ 6,754
Insurance, primarily self-insurance reserves	5,413	5,421
Deferred rent	3,433	3,507
Sales and use taxes	3,145	2,591
Gift certificates and store credits	2,698	4,305
Product return reserve	2,188	1,615
Accounting and legal	1,737	1,276
Accrued property and equipment additions	663	316
Income taxes payable	370	12
Other	5,520	5,562
Total accrued expenses and other current liabilities	$ 32,072	$ 31,359

Line of Credit - Additional Inf

Line of Credit - Additional Information (Details)	Jun. 06, 2017USD ($)	Mar. 25, 2016USD ($)	Apr. 29, 2017USD ($)	Apr. 30, 2016USD ($)Tranches	Apr. 07, 2017USD ($)	Jan. 28, 2017USD ($)	Dec. 19, 2016USD ($)	Jan. 30, 2016USD ($)
Line Of Credit Facility [Line Items]
Credit Facility Tranches | Tranches				2
Minimum excess availability on Combined Loan Cap					10.00%
Minimum amount excess availability on Combined Loan Cap					$ 10,000,000
Deferred financing costs			$ 1,173,000
Outstanding borrowings under Credit Facility			2,100,000	$ 8,800,000		$ 4,600,000
Letters of credit			$ 5,827,000	$ 5,753,000
Tranche A
Line Of Credit Facility [Line Items]
Borrowings interest rate			3.11%	2.33%
Tranche A-1
Line Of Credit Facility [Line Items]
Borrowings interest rate				3.56%
Senior Secured Revolving Credit Facility
Line Of Credit Facility [Line Items]
Credit facility, maximum borrowing capacity		$ 70,000,000
EBITDA Reserve against availability under credit facility							$ 10,000,000
Unused line fee under the Credit Facility			0.25%
Credit Facility Description of Variable Rate Basis			The interest rate on outstanding borrowings is equal to, at the Company’s election, either 1) the lender’s base rate plus the applicable margin, or 2) a LIBOR rate plus the applicable margin. The applicable margin for base rate borrowings is 0.50% for Tranche A borrowings and was 2.00% for Tranche A-1 borrowings. The applicable margin for LIBOR rate borrowings is 1.50% for Tranche A borrowings and was 3.00% for Tranche A-1 borrowings.
Line of credit availability			$ 14,729,000	$ 38,035,000
Line of credit, outstanding borrowings			11,138,000	26,604,000
Line of credit borrowings during period			$ 15,700,000	$ 42,700,000
Senior Secured Revolving Credit Facility | Credit Facility
Line Of Credit Facility [Line Items]
Credit facility, maximum borrowing capacity								$ 76,000,000
Senior Secured Revolving Credit Facility | Tranche A
Line Of Credit Facility [Line Items]
Credit facility, maximum borrowing capacity		70,000,000
Senior Secured Revolving Credit Facility | Tranche A | Base Rate
Line Of Credit Facility [Line Items]
Applicable margin rate			0.50%
Senior Secured Revolving Credit Facility | Tranche A | London Interbank Offered Rate (LIBOR)
Line Of Credit Facility [Line Items]
Applicable margin rate			1.50%
Senior Secured Revolving Credit Facility | Tranche A-1
Line Of Credit Facility [Line Items]
Repayment of debt		6,000,000
Senior Secured Revolving Credit Facility | Tranche A-1 | Base Rate
Line Of Credit Facility [Line Items]
Applicable margin rate			2.00%
Senior Secured Revolving Credit Facility | Tranche A-1 | London Interbank Offered Rate (LIBOR)
Line Of Credit Facility [Line Items]
Applicable margin rate			3.00%
Term Loan
Line Of Credit Facility [Line Items]
Long-term debt		$ 32,000,000
Line of credit maturity date		Mar. 25, 2021
Additional reserve against availability under credit facility that will be reduced for prepayment of term loan					$ 5,000,000
Minimum excess availability on Combined Loan Cap					10.00%
Credit Facility Description of Variable Rate Basis			The interest rate on the Term Loan is equal to a LIBOR rate (with a 1.00% LIBOR floor) plus 7.50%.
Minimum amount excess availability on Combined Loan Cap					$ 10,000,000
Term Loan | London Interbank Offered Rate (LIBOR)
Line Of Credit Facility [Line Items]
Applicable margin rate		7.50%
Term Loan | Subsequent
Line Of Credit Facility [Line Items]
Proceeds from equipment financing transaction	$ 3,401,000
Reduction in additional reserve	$ 1,599,000
Term Loan | Senior Secured Revolving Credit Facility
Line Of Credit Facility [Line Items]
Additional reserve against availability under credit facility that will be reduced for prepayment of term loan					$ 5,000,000
Term Loan | Senior Secured Revolving Credit Facility | Tranche A
Line Of Credit Facility [Line Items]
Line of credit maturity date				Aug. 25, 2020
Line of credit maturity date extension				Mar. 25, 2021

Long-Term Debt - Additional Inf

Long-Term Debt - Additional Information (Details) - USD ($)	Jun. 06, 2017	Apr. 07, 2017	Mar. 25, 2016	Apr. 29, 2017	Jan. 31, 2015	Jan. 28, 2017	Apr. 30, 2016
Debt Instrument [Line Items]
Minimum excess availability on Combined Loan Cap		10.00%
Minimum amount excess availability on Combined Loan Cap		$ 10,000,000
Sale and leaseback, transaction date				June 6, 2017
Equipment Loan
Debt Instrument [Line Items]
Outstanding borrowings under equipment note				$ 8,562,000			$ 11,484,000
Percentage of interest on equipment financing arrangement					3.38%
Monthly payments for equipment financing arrangement					$ 272,000
Debt instrument maturity date					Dec. 31, 2019
Subsequent
Debt Instrument [Line Items]
Sale and leaseback transaction, financing agreement period	3 years
Sale and leaseback, description of assets	certain furniture, fixtures and software
Monthly payments under leaseback arrangement for first 24 months	$ 123,000
Monthly payments under leaseback arrangement for 25 to 36 months	$ 48,000
Sale and leaseback, payment terms	Monthly payments under the leaseback arrangement are $123,000 for the first 24 months and $48,000 for months 25 to 36.
Term Loan
Debt Instrument [Line Items]
Long-term debt			$ 32,000,000
Line of credit maturity date			Mar. 25, 2021
Credit Facility Description of Variable Rate Basis				The interest rate on the Term Loan is equal to a LIBOR rate (with a 1.00% LIBOR floor) plus 7.50%.
Debt Instrument, frequency of periodic payment				Quarterly
Debt instrument, payment terms				The Term Loan can be prepaid at the Company's option subject to certain restrictions, in part or in whole at any time, subject to the payment of a prepayment premium as follows: 1) 3% on or prior to the first anniversary of the closing date, 2) 2% from the first anniversary to the second anniversary of the closing date, and 3) 1% after the second anniversary but on or prior to the third anniversary of the closing date.
Additional reserve against availability under credit facility that will be reduced for prepayment of term loan		$ 5,000,000
Dividends payment or share repurchases prohibition period				3 years
Minimum excess availability on Combined Loan Cap		10.00%
Minimum amount excess availability on Combined Loan Cap		$ 10,000,000
Limitation on capital expenditures for four fiscal quarters ending February 3, 2018				$ 10,500,000
Limitation on capital expenditures for four fiscal quarters ending May 5, 2018 and thereafter				17,000,000
Capital expenditure, subject to carryforward percentage		50.00%
Deferred financing costs				1,497,000
Term Loan | Subsequent
Debt Instrument [Line Items]
Proceeds from equipment financing transaction	$ 3,401,000
Reduction in additional reserve	$ 1,599,000
Term Loan | On or Prior to the First Anniversary of the closing Date
Debt Instrument [Line Items]
Debt instrument, prepayment option percentage			3.00%
Term Loan | From the First Anniversary to the Second Anniversary of the closing Date
Debt Instrument [Line Items]
Debt instrument, prepayment option percentage			2.00%
Term Loan | After the Second Anniversary but On or Prior to the Third Anniversary of the Closing Date
Debt Instrument [Line Items]
Debt instrument, prepayment option percentage			1.00%
Term Loan | Minimum
Debt Instrument [Line Items]
Debt instruments, periodic payments, principal			$ 800,000
Term Loan | Maximum
Debt Instrument [Line Items]
EBITDA future requirement				30,000,000
Limitation on capital expenditures				$ 14,625,000		$ 16,000,000
Term Loan | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Debt instrument, interest rate			1.00%
Applicable margin rate			7.50%

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Details) - USD ($) $ in Thousands	Apr. 29, 2017	Jan. 28, 2017	Apr. 30, 2016
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Cash equivalents held by the Company	$ 4	$ 4
Outstanding borrowings under Credit Facility	$ 2,100	$ 4,600	$ 8,800
Term Loan | Minimum
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Annual variable interest rate	8.50%

Other Charges - Additional Info

Other Charges - Additional Information (Details)	3 Months Ended
	Apr. 29, 2017USD ($)	Apr. 30, 2016USD ($)	Dec. 19, 2016USD ($)Agreement
Other Charges Related To Proposed Business Combination And Management And Organizational Changes [Line Items]
Charges related to proposed business combination	$ 814,000	$ 221,000
Number of consulting agreements | Agreement			3
Charges related to management and organizational changes	3,000	$ 448,000
Consulting Agreement One
Other Charges Related To Proposed Business Combination And Management And Organizational Changes [Line Items]
Revenue for real estate consulting services	$ 10,000
Consulting Agreement One | Maximum
Other Charges Related To Proposed Business Combination And Management And Organizational Changes [Line Items]
Potential consulting fee receivable for each fully executed real estate lease			$ 65,000
Consulting Agreement Two | Maximum
Other Charges Related To Proposed Business Combination And Management And Organizational Changes [Line Items]
Potential consulting fee receivable for each fully completed construction project			$ 34,000

Other Charges - Schedule of Cha

Other Charges - Schedule of Charges Incurred in Proposed Business Combination and Management and Organizational Changes (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 29, 2017	Apr. 30, 2016
Proposed Business Combination
Legal and other professional fees	$ 814	$ 221
Management and Organizational Changes
Severance and related benefits	3	118
Non-core brand contract termination		325
Consulting fees		5
Total management and organizational changes	3	448
Total other charges	$ 817	$ 669

Government Incentives - Additio

Government Incentives - Additional Information (Details) - Grow New Jersey Assistance Program (Grow NJ)	3 Months Ended		12 Months Ended
	Apr. 29, 2017USD ($)Job	Apr. 30, 2016USD ($)	Jan. 30, 2016USD ($)	Jan. 28, 2017USD ($)
Government Incentive Assistance Program [Line Items]
Income tax credits granted from state incentive package	$ 40,000,000
Transferrable income tax credit period	10 years
Government incentive assistance program minimum capital investment	$ 20,000,000
Government incentive assistance program maximum award limit	$ 40,000,000
Government incentive assistance program award period	10 years
Project development, eligible amount per new full time job	$ 7,000
Government incentive assistance program annual award limit	$ 4,000,000
Award compliance period	5 years
Award Compliance Description	After the end of the ten-year Grow NJ award earnings period there is a five-year compliance period during which the Company must maintain the average of its annual eligible jobs certified during the preceding ten years or a pro-rata amount up to one-tenth of the previously awarded income tax credits would be subject to recapture and repayment to the State of New Jersey annually during the five-year compliance period.
Agreement to sell annual income tax credits awarded, Description	75% or more
Cash proceeds net of costs from government incentive assistance program	$ 3,251,000
Income tax credits earned from state incentive package			$ 3,612,000
Cost reduction related to award	718,000	$ 900,000
Cost reduction related to award amount recognized in income statement	713,000	763,000
Offset to cost of goods sold	514,000	512,000
Offset to selling general and administrative expenses	199,000	$ 251,000
Reduction in inventory overhead	$ 815,000			$ 810,000
Minimum
Government Incentive Assistance Program [Line Items]
Government incentive assistance program number of eligible jobs | Job	100

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 29, 2017	Jan. 28, 2017
Income Tax Disclosure [Abstract]
Valuation allowance of deferred tax assets	$ 28,182	$ 27,758
Valuation allowance increased by non-cash charge to income tax expense	424
Unrecognized tax benefits related to uncertain income tax positions	764
Unrecognized tax benefits related to uncertain income tax position accrued interest and penalties	336
Recognized liabilities for unrecognized tax benefits that impact effective tax rate	555
Gross unrecognized tax benefits decrease for uncertain tax positions	383
Approximate gross unrecognized tax benefit that would impact the effective tax rate	$ 271

Equity Award Plans - Additional

Equity Award Plans - Additional Information (Details) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Apr. 29, 2017	Apr. 30, 2016
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Performance period	3 years
Repurchase of common stock, shares	8	2
Payments for tax obligations to the tax authorities on exercise or vesting date	$ 35	$ 15

Equity Award Plans - Summary of

Equity Award Plans - Summary of Cumulative Minimum, Target and Maximum Restricted Stock Units Award Activity (Details) - Executive Officer - Restricted Stock Units (RSUs)	Apr. 29, 2017shares
2016 Awards | Performance Period January 31, 2016 to February 2, 2019
Deferred Compensation Arrangement With Individual Share Based Payments [Line Items]
Minimum cumulative restricted stock units available for future declaration	13,698
Target cumulative restricted stock units available for future declaration	54,789
Maximum cumulative restricted stock units available for future declaration	82,815
2015 Awards | Performance Period February 1, 2015 to February 3, 2018
Deferred Compensation Arrangement With Individual Share Based Payments [Line Items]
Minimum cumulative restricted stock units available for future declaration	15,218
Target cumulative restricted stock units available for future declaration	30,436
Maximum cumulative restricted stock units available for future declaration	45,655

Recent Accounting Pronounceme47

Recent Accounting Pronouncements and Change in Accounting Principle - Additional Information (Details) - USD ($)	3 Months Ended
	Apr. 29, 2017	Jan. 28, 2017
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Deferred income taxes	$ 718,000	$ 3,251,000
Restatement Adjustment | Cumulative-Effect Adjustment, Gift Card Breakage Income Over Redemption [Member]
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Revenue	$ 764,000
Restatement Adjustment | ASU No. 2015-17
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Deferred tax assets, current		(3,251,000)
Deferred income taxes		$ 3,251,000

Segment and Enterprise Wide D48

Segment and Enterprise Wide Disclosures - Additional Information (Details)	3 Months Ended
	Apr. 29, 2017SegmentCustomer
Disclosure Segment And Enterprise Wide Disclosures Additional Information Detail [Abstract]
Number of operating segment | Segment	1
Number of customer who represented more than 10% of net sales | Customer	0

Segment and Enterprise Wide D49

Segment and Enterprise Wide Disclosures - Operations by Geographic Area (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 29, 2017	Apr. 30, 2016	Jan. 28, 2017
Net Sales
Net sales	$ 106,426	$ 124,430
United States
Net Sales
Net sales	100,429	116,286
Long-Lived Assets
Long-Lived Assets	78,670		$ 81,811
Foreign
Net Sales
Net sales	5,997	$ 8,144
Long-Lived Assets
Long-Lived Assets	$ 2,140		$ 2,310

Interest Expense, Net - Interes

Interest Expense, Net - Interest Expense, Net (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 29, 2017	Apr. 30, 2016
Interest expense, net
Interest expense	$ 1,005	$ 652
Interest income	(1)
Interest expense, net	$ 1,004	$ 652