American Eagle Outfitters (AEO) 10-Q 25 May 16 2016 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Apr. 30, 2016	May. 20, 2016
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Apr. 30, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q1
Trading Symbol	AEO
Entity Registrant Name	AMERICAN EAGLE OUTFITTERS INC
Entity Central Index Key	919,012
Current Fiscal Year End Date	--01-28
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		180,894,777

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Apr. 30, 2016	Jan. 30, 2016	May. 02, 2015
Current assets:
Cash and cash equivalents	$ 238,976	$ 260,067	$ 326,907
Merchandise inventory	334,301	305,178	332,645
Accounts receivable	73,283	80,912	64,010
Prepaid expenses and other	82,767	77,218	74,132
Total current assets	729,327	723,375	797,694
Property and equipment, at cost, net of accumulated depreciation	706,221	703,586	710,256
Intangible assets, at cost, net of accumulated amortization	51,432	51,832	47,419
Goodwill	17,520	17,186	13,243
Non-current deferred income taxes	38,903	64,927	67,703
Other assets	52,893	51,340	36,445
Total assets	1,596,296	1,612,246	1,672,760
Current liabilities:
Accounts payable	202,692	182,789	203,239
Accrued compensation and payroll taxes	34,838	79,302	40,379
Accrued rent	77,477	77,482	78,741
Accrued income and other taxes	6,915	22,223	6,504
Unredeemed gift cards and gift certificates	38,508	48,274	37,385
Current portion of deferred lease credits	12,850	12,711	13,125
Other liabilities and accrued expenses	45,206	40,901	49,415
Total current liabilities	418,486	463,682	428,788
Non-current liabilities:
Deferred lease credits	54,738	50,104	57,162
Non-current accrued income taxes	4,675	4,566	10,884
Other non-current liabilities	41,089	42,518	30,521
Total non-current liabilities	$ 100,502	$ 97,188	$ 98,567
Commitments and contingencies
Stockholders’ equity:
Preferred stock, $0.01 par value; 5,000 shares authorized; none issued and outstanding
Common stock, $0.01 par value; 600,000 shares authorized; 249,566 shares issued; 180,804, 180,135 and 195,061 shares outstanding, respectively	$ 2,496	$ 2,496	$ 2,496
Contributed capital	583,689	590,820	563,709
Accumulated other comprehensive loss	(24,484)	(29,868)	(11,044)
Retained earnings	1,675,031	1,659,267	1,545,674
Treasury stock, 68,762, 69,431 and 54,500 shares, respectively	(1,159,424)	(1,171,339)	(955,430)
Total stockholders’ equity	1,077,308	1,051,376	1,145,405
Total liabilities and stockholders’ equity	$ 1,596,296	$ 1,612,246	$ 1,672,760

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Apr. 30, 2016	Jan. 30, 2016	May. 02, 2015
Statement Of Financial Position [Abstract]
Preferred stock, par value	$ 0.01	$ 0.01	$ 0.01
Preferred stock, shares authorized	5,000,000	5,000,000	5,000,000
Preferred stock, issued	0	0	0
Preferred stock, outstanding	0	0	0
Common stock, par value	$ 0.01	$ 0.01	$ 0.01
Common stock, shares authorized	600,000,000	600,000,000	600,000,000
Common stock, shares issued	249,566,000	249,566,000	249,566,000
Common stock, shares outstanding	180,804,000	180,135,000	195,061,000
Treasury stock, shares	68,762,000	69,431,000	54,500,000

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS AND RETAINED EARNINGS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Apr. 30, 2016	May. 02, 2015
Income Statement [Abstract]
Total net revenue	$ 749,416	$ 699,520
Cost of sales, including certain buying, occupancy and warehousing expenses	455,964	437,308
Gross profit	293,452	262,212
Selling, general and administrative expenses	195,993	185,091
Depreciation and amortization expense	38,783	35,127
Operating income	58,676	41,994
Other income, net	4,935	5,970
Income before income taxes	63,611	47,964
Provision for income taxes	23,135	18,909
Net income	$ 40,476	$ 29,055
Net income per basic share	$ 0.22	$ 0.15
Net income per diluted share	0.22	0.15
Cash dividends per common share	$ 0.125	$ 0.125
Weighted average common shares outstanding - basic	180,697	194,975
Weighted average common shares outstanding - diluted	182,927	195,880
Retained earnings, beginning	$ 1,659,267	$ 1,543,085
Net income	40,476	29,055
Cash dividends and dividend equivalents	(23,159)	(24,989)
Reissuance of treasury stock	(1,553)	(1,477)
Retained earnings, ending	$ 1,675,031	$ 1,545,674

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2016	May. 02, 2015
Statement Of Income And Comprehensive Income [Abstract]
Net income	$ 40,476	$ 29,055
Other comprehensive income (loss):
Foreign currency translation income (loss)	5,384	(1,100)
Other comprehensive income (loss):	5,384	(1,100)
Comprehensive income	$ 45,860	$ 27,955

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2016	May. 02, 2015
Operating activities:
Net income	$ 40,476	$ 29,055
Adjustments to reconcile net income to net cash from operating activities:
Depreciation and amortization	39,080	35,302
Share-based compensation	8,808	8,102
Deferred income taxes	26,058	4,654
Foreign currency transaction gain	(4,612)	(3,692)
Changes in assets and liabilities:
Merchandise inventory	(25,652)	(52,806)
Accounts receivable	7,278	3,522
Prepaid expenses and other	(4,876)	(27)
Other assets	(592)	11,334
Accounts payable	4,604	5,070
Unredeemed gift cards and gift certificates	(10,146)	(10,665)
Deferred lease credits	4,158	2,517
Accrued compensation and payroll taxes	(44,019)	(3,670)
Accrued income and other taxes	(15,138)	(24,175)
Accrued liabilities	4,442	(17,252)
Total adjustments	(10,607)	(41,786)
Net cash provided by (used for) operating activities	29,869	(12,731)
Investing activities:
Capital expenditures for property and equipment	(24,336)	(41,743)
Acquisition of intangible assets	(758)	(1,078)
Net cash used for investing activities	(25,094)	(42,821)
Financing activities:
Payments on capital leases	(681)	(1,542)
Repurchase of common stock from employees	(6,749)	(4,991)
Net proceeds from stock options exercised	452	1,028
Excess tax benefit from share-based payments	463	594
Cash dividends paid	(22,599)	(24,381)
Net cash used for financing activities	(29,114)	(29,292)
Effect of exchange rates changes on cash	3,248	1,054
Net decrease in cash and cash equivalents	(21,091)	(83,790)
Cash and cash equivalents - beginning of period	260,067	410,697
Cash and cash equivalents - end of period	238,976	326,907
Supplemental disclosure of cash flow information:
Cash paid during the period for income taxes	27,036	43,282
Cash paid during the period for interest	$ 334	$ 333

Interim Financial Statements

Interim Financial Statements	3 Months Ended
	Apr. 30, 2016
Accounting Policies [Abstract]
Interim Financial Statements	1. Interim Financial Statements The accompanying Consolidated Financial Statements of American Eagle Outfitters, Inc. (the “Company”) at April 30, 2016 and May 2, 2015 and for the 13 week periods ended April 30, 2016 and May 2, 2015 have been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. Certain notes and other information have been condensed or omitted from the interim Consolidated Financial Statements presented in this Quarterly Report on Form 10-Q. Therefore, these Consolidated Financial Statements should be read in conjunction with the Company’s Fiscal 2015 Annual Report. In the opinion of the Company’s management, all adjustments (consisting of normal recurring adjustments and those described in the footnotes that follow) considered necessary for a fair presentation have been included. The existence of subsequent events has been evaluated through the filing date of this Quarterly Report on Form 10-Q. As used in this report, all references to “we,” “our” and the “Company” refer to American Eagle Outfitters, Inc. and its wholly owned subsidiaries. “American Eagle Outfitters,” “American Eagle,” “AEO” and the “AE Brand” refer to our American Eagle Outfitters stores. “Aerie” refers to our Aerie ® ® The Company’s business is affected by the pattern of seasonality common to most retail apparel businesses. The results for the current and prior periods are not necessarily indicative of future financial results.

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
	Apr. 30, 2016
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Summary of Significant Accounting Policies	2. Summary of Significant Accounting Policies Principles of Consolidation The Consolidated Financial Statements include the accounts of the Company and its wholly owned subsidiaries. All intercompany transactions and balances have been eliminated in consolidation. At April 30, 2016, the Company operated in one reportable segment. Fiscal Year The Company’s financial year is a 52/53 week year that ends on the Saturday nearest to January 31. As used herein, “Fiscal 2016” refers to the 52 week period ending January 28, 2017. “Fiscal 2015” refers to the 52 week period ended January 30, 2016. Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of our contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. On an ongoing basis, our management reviews the Company’s estimates based on currently available information. Changes in facts and circumstances may result in revised estimates. Recent Accounting Pronouncements In May 2014, the Financial Accounting Standard Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2014-09, Revenue from Contracts with Customers In November 2015, the FASB issued ASU No. 2015-17, Balance Sheet Classification of Deferred Taxes In February 2016, the FASB issued ASU No. 2016-02, Leases Leases . In March 2016, the FASB issued ASU No. 2016-09, Compensation—Stock Compensation (Topic 718) Foreign Currency Translation In accordance with Accounting Standards Codification (“ASC”) 830, Foreign Currency Matters Comprehensive Income Revenue Recognition Revenue is recorded for store sales upon the purchase of merchandise by customers. The Company’s e-commerce operation records revenue upon the estimated customer receipt date of the merchandise. Shipping and handling revenues are included in total net revenue. Sales tax collected from customers is excluded from revenue and is included as part of accrued income and other taxes on the Company’s Consolidated Balance Sheets. Revenue is recorded net of estimated and actual sales returns and deductions for coupon redemptions and other promotions. The Company records the impact of adjustments to its sales return reserve quarterly within total net revenue and cost of sales. The sales return reserve reflects an estimate of sales returns based on projected merchandise returns determined through the use of historical average return percentages. Revenue is not recorded on the issuance of gift cards. A current liability is recorded upon issuance, and revenue is recognized when the gift card is redeemed for merchandise. Additionally, the Company recognizes revenue on unredeemed gift cards based on an estimate of the amounts that will not be redeemed (“gift card breakage”), determined through historical redemption trends. Gift card breakage revenue is recognized in proportion to actual gift card redemptions as a component of total net revenue. For further information on the Company’s gift card program, refer to the Gift Cards caption below. The Company recognizes royalty revenue generated from its licensee or franchise agreements based on a percentage of merchandise sales by the licnsee/franchisee. This revenue is recorded as a component of total net revenue when earned. Cost of Sales, Including Certain Buying, Occupancy and Warehousing Expenses Cost of sales consists of merchandise costs, including design, sourcing, importing and inbound freight costs, as well as markdowns, shrinkage and certain promotional costs (collectively “merchandise costs”) and buying, occupancy and warehousing costs. Design costs are related to the Company's Design Center operations and include compensation, travel, supplies and samples for our design teams, as well as rent and depreciation for our Design Center. These costs are included in cost of sales as the respective inventory is sold. Buying, occupancy and warehousing costs consist of compensation, employee benefit expenses and travel for our buyers and certain senior merchandising executives; rent and utilities related to our stores, corporate headquarters, distribution centers and other office space; freight from our distribution centers to the stores; compensation and supplies for our distribution centers, including purchasing, receiving and inspection costs; and shipping and handling costs related to our e-commerce operation. Gross profit is the difference between total net revenue and cost of sales. Selling, General and Administrative Expenses Selling, general and administrative expenses consist of compensation and employee benefit expenses, including salaries, incentives and related benefits associated with our stores and corporate headquarters. Selling, general and administrative expenses also include advertising costs, supplies for our stores and home office, communication costs, travel and entertainment, leasing costs and services purchased. Selling, general and administrative expenses do not include compensation, employee benefit expenses and travel for our design, sourcing and importing teams, our buyers and our distribution centers as these amounts are recorded in cost of sales. Other Income, Net Other income, net consists primarily of foreign currency transaction gain/loss and interest income/expense. Cash and Cash Equivalents and Investments The Company considers all highly liquid investments purchased with a maturity of three months or less to be cash equivalents. As of April 30, 2016 and May 2, 2015, the Company held no investments. Refer to Note 3 to the Consolidated Financial Statements for information regarding cash and cash equivalents investments. Merchandise Inventory Merchandise inventory is valued at the lower of average cost or market, utilizing the retail method. Average cost includes merchandise design and sourcing costs and related expenses. The Company records merchandise receipts when both title and risk of loss for the merchandise have transferred to the Company. The Company reviews its inventory levels to identify slow-moving merchandise and generally uses markdowns to clear merchandise. Additionally, the Company estimates a markdown reserve for future planned permanent markdowns related to current inventory. Markdowns may occur when inventory exceeds customer demand for reasons of style, seasonal adaptation, changes in customer preference, lack of consumer acceptance of fashion items, competition, or if it is determined that the inventory in stock will not sell at its currently ticketed price. Such markdowns may have a material adverse impact on earnings, depending on the extent and amount of inventory affected. The Company also estimates a shrinkage reserve for the period between the last physical count and the balance sheet date. The estimate for the shrinkage reserve, based on historical results, can be affected by changes in merchandise mix and changes in actual shrinkage trends. Income Taxes The Company calculates income taxes in accordance with ASC 740, Income Taxes The Company evaluates its income tax positions in accordance with ASC 740, which prescribes a comprehensive model for recognizing, measuring, presenting and disclosing in the financial statements tax positions taken or expected to be taken on a tax return, including a decision whether to file or not to file in a particular jurisdiction. Under ASC 740, a tax benefit from an uncertain position may be recognized only if it is “more likely than not” that the position is sustainable based on its technical merits. The calculation of the deferred tax assets and liabilities, as well as the decision to recognize a tax benefit from an uncertain position and to establish a valuation allowance require management to make estimates and assumptions. The Company believes that its assumptions and estimates are reasonable, although actual results may have a positive or negative material impact on the balances of deferred tax assets and liabilities, valuation allowances or net income. Refer to Note 10 to the Consolidated Financial Statements for additional information regarding income taxes. Property and Equipment Property and equipment is recorded on the basis of cost, including costs to prepare the asset for use, with depreciation computed utilizing the straight-line method over the assets’ estimated useful lives. The useful lives of our major classes of assets are as follows: Buildings 25 years Leasehold improvements Lesser of 10 years or the term of the lease Fixtures and equipment 5 years In accordance with ASC 360, Property, Plant, and Equipment Refer to Note 6 to the Consolidated Financial Statements for additional information regarding property and equipment. Goodwill The Company’s goodwill is primarily related to the acquisition of its importing operations, Canada, Hong Kong and China businesses and the recent acquisition of Tailgate Clothing Co in Fiscal 2015. In accordance with ASC 350, Intangibles – Goodwill and Other Intangible Assets Intangible assets are recorded on the basis of cost with amortization computed utilizing the straight-line method over the assets’ estimated useful lives. The Company’s intangible assets, which primarily include trademark assets, are generally amortized over 15 to 25 years. The Company evaluates intangible assets for impairment in accordance with ASC 350 when events or circumstances indicate that the carrying value of the asset may not be recoverable. Such an evaluation includes the estimation of undiscounted future cash flows to be generated by those assets. If the sum of the estimated future undiscounted cash flows are less than the carrying amounts of the assets, then the assets are impaired and are adjusted to their estimated fair value. No intangible asset impairment charges were recorded during the 13 weeks ended April 30, 2016 or May 2, 2015. Refer to Note 7 to the Consolidated Financial Statements for additional information regarding intangible assets. Gift Cards The value of a gift card is recorded as a current liability upon issuance, and revenue is recognized when the gift card is redeemed for merchandise. The Company estimates gift card breakage and recognizes revenue in proportion to actual gift card redemptions as a component of total net revenue. The Company determines an estimated gift card breakage rate by continuously evaluating historical redemption data and the time when there is a remote likelihood that a gift card will be redeemed. The Company recorded $2.1 million and $1.7 million of revenue related to gift card breakage during the 13 weeks ended April 30, 2016 and May 2, 2015, respectively. Deferred Lease Credits Deferred lease credits represent the unamortized portion of construction allowances received from landlords related to the Company’s retail stores. Construction allowances are generally comprised of cash amounts received by the Company from its landlords as part of the negotiated lease terms. The Company records a receivable and a deferred lease credit liability at the lease commencement date (date of initial possession of the store). The deferred lease credit is amortized on a straight-line basis as a reduction of rent expense over the term of the original lease (including the pre-opening build-out period). The receivable is reduced as amounts are received from the landlord. Co-branded Credit Card and Customer Loyalty Program The Company offers a co-branded credit card (the “AEO Visa Card”) and a private label credit card (the “AEO Credit Card”) under the AEO and Aerie brands. These credit cards are issued by a third-party bank (the “Bank”) in accordance with a credit card agreement (“the Agreement”). The Company has no liability to the Bank for bad debt expense, provided that purchases are made in accordance with the Bank’s procedures. We receive additional funding from the Bank based on the Agreement and card activity. We recognize revenue for the additional funding when the amounts are fixed or determinable and collectability is reasonably assured. This revenue is recorded in other revenue, which is a component of total net revenue in our Consolidated Statements of Operations and Retained Earnings. Once a customer is approved to receive the AEO Visa Card or the AEO Credit Card and the card is activated, the customer is eligible to participate in the credit card rewards program. Customers who make purchases at AEO and Aerie earn discounts in the form of savings certificates when certain purchase levels are reached. Also, AEO Visa Card customers who make purchases at other retailers where the card is accepted earn additional discounts. Savings certificates are valid for 90 days from issuance. Points earned under the credit card rewards program on purchases at AEO and Aerie are accounted for by analogy to ASC 605-25, Revenue Recognition, Multiple Element Arrangements The Company offers its customers the AEREWARDS ® Segment Information In accordance with ASC 280, Segment Reporting

Cash and Cash Equivalents and I

Cash and Cash Equivalents and Investments	3 Months Ended
	Apr. 30, 2016
Cash And Cash Equivalents [Abstract]
Cash and Cash Equivalents and Investments	3. Cash and Cash Equivalents and Investments The following table summarizes the fair market values for the Company’s cash and marketable securities, which are recorded on the Consolidated Balance Sheets: (In thousands) April 30, 2016 January 30, 2016 May 2, 2015 Cash and cash equivalents: Cash $ 177,820 $ 205,359 $ 234,190 Money-market 61,156 54,708 92,717 Total cash and cash equivalents $ 238,976 $ 260,067 $ 326,907 There were no sales or purchases of investments for the 13 weeks ended April 30, 2016 and May 2, 2015.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Apr. 30, 2016
Fair Value Disclosures [Abstract]
Fair Value Measurements	4. Fair Value Measurements ASC 820, Fair Value Measurement Disclosures Financial Instruments Valuation techniques used to measure fair value under ASC 820 must maximize the use of observable inputs and minimize the use of unobservable inputs. In addition, ASC 820 establishes a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value. These tiers include: · Level 1 — Quoted prices in active markets for identical assets or liabilities. · Level 2 — Inputs other than Level 1 that are observable, either directly or indirectly, such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. · Level 3 — Unobservable inputs (i.e., projections, estimates, interpretations, etc.) that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. As of April 30, 2016 and May 2, 2015, the Company held certain assets that are required to be measured at fair value on a recurring basis. These include cash and cash equivalents. In accordance with ASC 820, the following table represents the Company’s fair value hierarchy for its financial assets (cash equivalents) measured at fair value on a recurring basis at April 30, 2016 and May 2, 2015: Fair Value Measurements at April 30, 2016 (In thousands) Carrying Amount Quoted Market Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Cash and cash equivalents: Cash $ 177,820 $ 177,820 — — Money-market 61,156 61,156 — — Total cash and cash equivalents $ 238,976 $ 238,976 — — Fair Value Measurements at May 2, 2015 (In thousands) Carrying Amount Quoted Market Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Cash and cash equivalents: Cash $ 234,190 $ 234,190 — — Money-market 92,717 92,717 — — Total cash and cash equivalents $ 326,907 $ 326,907 $ — $ — In the event the Company holds Level 3 investments, a discounted cash flow model is used to value those investments. There were no Level 3 investments at April 30, 2016 or May 2, 2015. Non-Financial Assets The Company’s non-financial assets, which include goodwill, intangible assets and property and equipment, are not required to be measured at fair value on a recurring basis. However, if certain triggering events occur, or if an annual impairment test is required, and the Company is required to evaluate the non-financial instrument for impairment, a resulting asset impairment would require that the non-financial asset be recorded at the estimated fair value.

Earnings per Share

Earnings per Share	3 Months Ended
	Apr. 30, 2016
Earnings Per Share [Abstract]
Earnings per Share	5. Earnings per Share The following is a reconciliation between basic and diluted weighted average shares outstanding: 13 Weeks Ended April 30, May 2, (In thousands) 2016 2015 Weighted average common shares outstanding: Basic number of common shares outstanding 180,697 194,975 Dilutive effect of stock options and non-vested restricted stock 2,230 905 Diluted number of common shares outstanding 182,927 195,880 Equity awards to purchase approximately 1.4 million shares of common stock during the 13 weeks ended April 30, 2016 and 40,000 shares of common stock during the 13 weeks ended May 2, 2015 were outstanding, but were not included in the computation of weighted average diluted common share amounts as the effect of doing so would be anti-dilutive. Additionally, approximately 0.7 million shares of restricted stock units for the 13 weeks ended April 30, 2016 were not included in the computation of weighted average diluted common share amounts because the number of shares ultimately issued is contingent on the Company’s performance compared to pre-established annual performance goals. Refer to Note 9 to the Consolidated Financial Statements for additional information regarding share-based compensation.

Property and Equipment

Property and Equipment	3 Months Ended
	Apr. 30, 2016
Property Plant And Equipment [Abstract]
Property and Equipment	6. Property and Equipment Property and equipment consists of the following: April 30, January 30, May 2, (In thousands) 2016 2016 2015 Property and equipment, at cost $ 1,802,838 $ 1,792,382 $ 1,726,207 Less: Accumulated depreciation (1,096,617 ) (1,088,796 ) (1,015,951 ) Property and equipment, net $ 706,221 $ 703,586 $ 710,256

Intangible Assets

Intangible Assets	3 Months Ended
	Apr. 30, 2016
Goodwill And Intangible Assets Disclosure [Abstract]
Intangible Assets	7. Intangible Assets Intangible assets consist of the following: April 30, January 30, May 2, (In thousands) 2016 2016 2015 Trademarks and other intangibles, at cost $ 68,155 $ 67,398 $ 60,462 Less: Accumulated amortization (16,723 ) (15,566 ) (13,043 ) Intangible assets, net $ 51,432 $ 51,832 $ 47,419

Other Credit Arrangements

Other Credit Arrangements	3 Months Ended
	Apr. 30, 2016
Debt Disclosure [Abstract]
Other Credit Arrangements	8. Other Credit Arrangements In Fiscal 2014, the Company entered into a Credit Agreement (“Credit Agreement”) for five-year, syndicated, asset-based revolving credit facilities (the “Credit Facilities”). The Credit Agreement provides senior secured revolving credit for loans and letters of credit up to $400 million, subject to customary borrowing base limitations. The Credit Facilities provide increased financial flexibility and take advantage of a favorable credit environment. All obligations under the Credit Facilities are unconditionally guaranteed by certain subsidiaries. The obligations under the Credit Agreement are secured by a first-priority security interest in certain working capital assets of the borrowers and guarantors, consisting primarily of cash, receivables, inventory and certain other assets and have been further secured by first-priority mortgages on certain real property. As of April 30, 2016, the Company was in compliance with the terms of the Credit Agreement and had $8.0 million outstanding in stand-by letters of credit. No loans were outstanding under the Credit Agreement as of April 30, 2016. Additionally, the Company has a borrowing agreement with one financial institution under which it may borrow an aggregate of $5.0 million USD for the purposes of trade letter of credit issuances. The availability of any future borrowings under the trade letter of credit facilities is subject to acceptance by the financial institution. As of April 30, 2016, the Company had no outstanding trade letters of credit.

Share-Based Compensation

Share-Based Compensation	3 Months Ended
	Apr. 30, 2016
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Share-Based Compensation	9. Share-Based Compensation The Company accounts for share-based compensation under the provisions of ASC 718, Compensation - Stock Compensation Stock Option Grants The Company grants both time-based and performance-based stock options. A summary of the Company’s stock option activity for the 13 weeks ended April 30, 2016 follows: Weighted- Average Weighted- Average Remaining Contractual Aggregate Options Exercise Price Term Intrinsic Value (In thousands) (In years) (In thousands) Outstanding - January 30, 2016 1,213 $ 14.83 Exercised (1) 38 $ 12.03 Cancelled 42 $ 14.50 Outstanding - April 30, 2016 1,133 $ 14.93 0.8 314 Vested and expected to vest - April 30, 2016 1,133 $ 14.93 0.8 314 Exercisable - April 30, 2016 (2) 417 $ 13.56 0.8 314 (1) Options exercised during the 13 weeks ended April 30, 2016 had exercise prices ranging from $11.50 to $13.70. (2) Options exercisable represent “in-the-money” vested options based upon the weighted-average exercise price of vested options compared to the Company’s stock price at April 30, 2016. Cash received from the exercise of stock options was $0.5 million for the 13 weeks ended April 30, 2016 and $1.0 million for the 13 weeks ended May 2, 2015. The actual tax benefit (expense) realized from stock option exercises totaled $0.1 million for the 13 weeks ended April 30, 2016 and ($0.2) million for the 13 weeks ended May 2, 2015. There were no stock options granted during the 13 weeks ended April 30, 2016 and May 2, 2015. As of April 30, 2016, there was no unrecognized compensation expense for stock option awards. Restricted Stock Grants Time-based restricted stock awards are comprised of time-based restricted stock units. These awards vest over three years. Time-based restricted stock units receive dividend equivalents in the form of additional time-based restricted stock units, which are subject to the same restrictions and forfeiture provisions as the original award. Performance-based restricted stock awards include performance-based restricted stock units. These awards cliff vest at the end of a three year period based upon the Company’s achievement of pre-established goals throughout the term of the award. Performance-based restricted stock units receive dividend equivalents in the form of additional performance-based restricted stock units, which are subject to the same restrictions and forfeiture provisions as the original award. The grant date fair value of all restricted stock awards is based on the closing market price of the Company’s common stock on the date of grant. A summary of the Company’s restricted stock activity is presented in the following tables: Time-Based Restricted Stock Units Performance-Based Restricted Stock Units 13 Weeks Ended 13 Weeks Ended April 30, 2016 April 30, 2016 (Shares in thousands) Shares Weighted -Average Grant Date Fair Value Shares Weighted -Average Grant Date Fair Value Nonvested - January 30, 2016 1,935 $ 15.17 2,609 $ 16.02 Granted 800 $ 16.09 613 $ 16.09 Vested (781 ) $ 16.14 (115 ) $ 14.82 Cancelled (39 ) $ 14.36 (689 ) $ 19.74 Nonvested - April 30, 2016 1,915 $ 15.18 2,418 $ 15.03 As of April 30, 2016, there was $25.7 million of unrecognized compensation expense related to non-vested, time-based restricted stock unit awards that is expected to be recognized over a weighted-average period of 2.2 years. Based on current probable performance, there is $10.3 million of unrecognized compensation expense related to performance-based restricted stock unit awards which will be recognized as achievement of performance goals is probable over a one to three year period. As of April 30, 2016, the Company had 6.3 million shares available for all equity grants.

Income Taxes

Income Taxes	3 Months Ended
	Apr. 30, 2016
Income Tax Disclosure [Abstract]
Income Taxes	10. Income Taxes The provision for income taxes is based on the current estimate of the annual effective income tax rate and is adjusted as necessary for discrete quarterly events. The effective income tax rate for the 13 weeks ended April 30, 2016 was 36.4% compared to 39.4% for the 13 weeks ended May 2, 2015. The decrease in the effective income tax rate this year is primarily due to an increase in world-wide earnings and a decrease to the valuation allowance on foreign deferred tax assets. The Company records accrued interest and penalties related to unrecognized tax benefits in income tax expense. The Company recognizes income tax liabilities related to unrecognized tax benefits in accordance with ASC 740 and adjusts these liabilities when its judgment changes as the result of the evaluation of new information not previously available. Unrecognized tax benefits did not change significantly during the 13 weeks ended April 30, 2016. Over the next twelve months, the Company believes that it is reasonably possible that unrecognized tax benefits may decrease by approximately $3.0 million due to settlements, expiration of statute of limitations or other changes in unrecognized tax benefits.

Legal Proceedings

Legal Proceedings	3 Months Ended
	Apr. 30, 2016
Commitments And Contingencies Disclosure [Abstract]
Legal Proceedings	11. Legal Proceedings The Company is subject to certain legal proceedings and claims arising out of the conduct of its business. In accordance with ASC 450, Contingencies

Summary of Significant Accoun18

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Apr. 30, 2016
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation The Consolidated Financial Statements include the accounts of the Company and its wholly owned subsidiaries. All intercompany transactions and balances have been eliminated in consolidation. At April 30, 2016, the Company operated in one reportable segment.
Fiscal Year	Fiscal Year The Company’s financial year is a 52/53 week year that ends on the Saturday nearest to January 31. As used herein, “Fiscal 2016” refers to the 52 week period ending January 28, 2017. “Fiscal 2015” refers to the 52 week period ended January 30, 2016.
Estimates	Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of our contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. On an ongoing basis, our management reviews the Company’s estimates based on currently available information. Changes in facts and circumstances may result in revised estimates.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In May 2014, the Financial Accounting Standard Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2014-09, Revenue from Contracts with Customers In November 2015, the FASB issued ASU No. 2015-17, Balance Sheet Classification of Deferred Taxes In February 2016, the FASB issued ASU No. 2016-02, Leases Leases . In March 2016, the FASB issued ASU No. 2016-09, Compensation—Stock Compensation (Topic 718)
Foreign Currency Translation	Foreign Currency Translation In accordance with Accounting Standards Codification (“ASC”) 830, Foreign Currency Matters Comprehensive Income
Revenue Recognition	Revenue Recognition Revenue is recorded for store sales upon the purchase of merchandise by customers. The Company’s e-commerce operation records revenue upon the estimated customer receipt date of the merchandise. Shipping and handling revenues are included in total net revenue. Sales tax collected from customers is excluded from revenue and is included as part of accrued income and other taxes on the Company’s Consolidated Balance Sheets. Revenue is recorded net of estimated and actual sales returns and deductions for coupon redemptions and other promotions. The Company records the impact of adjustments to its sales return reserve quarterly within total net revenue and cost of sales. The sales return reserve reflects an estimate of sales returns based on projected merchandise returns determined through the use of historical average return percentages. Revenue is not recorded on the issuance of gift cards. A current liability is recorded upon issuance, and revenue is recognized when the gift card is redeemed for merchandise. Additionally, the Company recognizes revenue on unredeemed gift cards based on an estimate of the amounts that will not be redeemed (“gift card breakage”), determined through historical redemption trends. Gift card breakage revenue is recognized in proportion to actual gift card redemptions as a component of total net revenue. For further information on the Company’s gift card program, refer to the Gift Cards caption below. The Company recognizes royalty revenue generated from its licensee or franchise agreements based on a percentage of merchandise sales by the licnsee/franchisee. This revenue is recorded as a component of total net revenue when earned.
Cost of Sales, Including Certain Buying, Occupancy and Warehousing Expenses	Cost of Sales, Including Certain Buying, Occupancy and Warehousing Expenses Cost of sales consists of merchandise costs, including design, sourcing, importing and inbound freight costs, as well as markdowns, shrinkage and certain promotional costs (collectively “merchandise costs”) and buying, occupancy and warehousing costs. Design costs are related to the Company's Design Center operations and include compensation, travel, supplies and samples for our design teams, as well as rent and depreciation for our Design Center. These costs are included in cost of sales as the respective inventory is sold. Buying, occupancy and warehousing costs consist of compensation, employee benefit expenses and travel for our buyers and certain senior merchandising executives; rent and utilities related to our stores, corporate headquarters, distribution centers and other office space; freight from our distribution centers to the stores; compensation and supplies for our distribution centers, including purchasing, receiving and inspection costs; and shipping and handling costs related to our e-commerce operation. Gross profit is the difference between total net revenue and cost of sales.
Selling, General and Administrative Expenses	Selling, General and Administrative Expenses Selling, general and administrative expenses consist of compensation and employee benefit expenses, including salaries, incentives and related benefits associated with our stores and corporate headquarters. Selling, general and administrative expenses also include advertising costs, supplies for our stores and home office, communication costs, travel and entertainment, leasing costs and services purchased. Selling, general and administrative expenses do not include compensation, employee benefit expenses and travel for our design, sourcing and importing teams, our buyers and our distribution centers as these amounts are recorded in cost of sales.
Other Income, Net	Other Income, Net Other income, net consists primarily of foreign currency transaction gain/loss and interest income/expense.
Cash and Cash Equivalents and Investments	Cash and Cash Equivalents and Investments The Company considers all highly liquid investments purchased with a maturity of three months or less to be cash equivalents. As of April 30, 2016 and May 2, 2015, the Company held no investments. Refer to Note 3 to the Consolidated Financial Statements for information regarding cash and cash equivalents investments.
Merchandise Inventory	Merchandise Inventory Merchandise inventory is valued at the lower of average cost or market, utilizing the retail method. Average cost includes merchandise design and sourcing costs and related expenses. The Company records merchandise receipts when both title and risk of loss for the merchandise have transferred to the Company. The Company reviews its inventory levels to identify slow-moving merchandise and generally uses markdowns to clear merchandise. Additionally, the Company estimates a markdown reserve for future planned permanent markdowns related to current inventory. Markdowns may occur when inventory exceeds customer demand for reasons of style, seasonal adaptation, changes in customer preference, lack of consumer acceptance of fashion items, competition, or if it is determined that the inventory in stock will not sell at its currently ticketed price. Such markdowns may have a material adverse impact on earnings, depending on the extent and amount of inventory affected. The Company also estimates a shrinkage reserve for the period between the last physical count and the balance sheet date. The estimate for the shrinkage reserve, based on historical results, can be affected by changes in merchandise mix and changes in actual shrinkage trends.
Income Taxes	Income Taxes The Company calculates income taxes in accordance with ASC 740, Income Taxes The Company evaluates its income tax positions in accordance with ASC 740, which prescribes a comprehensive model for recognizing, measuring, presenting and disclosing in the financial statements tax positions taken or expected to be taken on a tax return, including a decision whether to file or not to file in a particular jurisdiction. Under ASC 740, a tax benefit from an uncertain position may be recognized only if it is “more likely than not” that the position is sustainable based on its technical merits. The calculation of the deferred tax assets and liabilities, as well as the decision to recognize a tax benefit from an uncertain position and to establish a valuation allowance require management to make estimates and assumptions. The Company believes that its assumptions and estimates are reasonable, although actual results may have a positive or negative material impact on the balances of deferred tax assets and liabilities, valuation allowances or net income. Refer to Note 10 to the Consolidated Financial Statements for additional information regarding income taxes.
Property and Equipment	Property and Equipment Property and equipment is recorded on the basis of cost, including costs to prepare the asset for use, with depreciation computed utilizing the straight-line method over the assets’ estimated useful lives. The useful lives of our major classes of assets are as follows: Buildings 25 years Leasehold improvements Lesser of 10 years or the term of the lease Fixtures and equipment 5 years In accordance with ASC 360, Property, Plant, and Equipment Refer to Note 6 to the Consolidated Financial Statements for additional information regarding property and equipment.
Goodwill	Goodwill The Company’s goodwill is primarily related to the acquisition of its importing operations, Canada, Hong Kong and China businesses and the recent acquisition of Tailgate Clothing Co in Fiscal 2015. In accordance with ASC 350, Intangibles – Goodwill and Other
Intangible Assets	Intangible Assets Intangible assets are recorded on the basis of cost with amortization computed utilizing the straight-line method over the assets’ estimated useful lives. The Company’s intangible assets, which primarily include trademark assets, are generally amortized over 15 to 25 years. The Company evaluates intangible assets for impairment in accordance with ASC 350 when events or circumstances indicate that the carrying value of the asset may not be recoverable. Such an evaluation includes the estimation of undiscounted future cash flows to be generated by those assets. If the sum of the estimated future undiscounted cash flows are less than the carrying amounts of the assets, then the assets are impaired and are adjusted to their estimated fair value. No intangible asset impairment charges were recorded during the 13 weeks ended April 30, 2016 or May 2, 2015. Refer to Note 7 to the Consolidated Financial Statements for additional information regarding intangible assets.
Gift Cards	Gift Cards The value of a gift card is recorded as a current liability upon issuance, and revenue is recognized when the gift card is redeemed for merchandise. The Company estimates gift card breakage and recognizes revenue in proportion to actual gift card redemptions as a component of total net revenue. The Company determines an estimated gift card breakage rate by continuously evaluating historical redemption data and the time when there is a remote likelihood that a gift card will be redeemed. The Company recorded $2.1 million and $1.7 million of revenue related to gift card breakage during the 13 weeks ended April 30, 2016 and May 2, 2015, respectively.
Deferred Lease Credits	Deferred Lease Credits Deferred lease credits represent the unamortized portion of construction allowances received from landlords related to the Company’s retail stores. Construction allowances are generally comprised of cash amounts received by the Company from its landlords as part of the negotiated lease terms. The Company records a receivable and a deferred lease credit liability at the lease commencement date (date of initial possession of the store). The deferred lease credit is amortized on a straight-line basis as a reduction of rent expense over the term of the original lease (including the pre-opening build-out period). The receivable is reduced as amounts are received from the landlord.
Co-branded Credit Card and Customer Loyalty Program	Co-branded Credit Card and Customer Loyalty Program The Company offers a co-branded credit card (the “AEO Visa Card”) and a private label credit card (the “AEO Credit Card”) under the AEO and Aerie brands. These credit cards are issued by a third-party bank (the “Bank”) in accordance with a credit card agreement (“the Agreement”). The Company has no liability to the Bank for bad debt expense, provided that purchases are made in accordance with the Bank’s procedures. We receive additional funding from the Bank based on the Agreement and card activity. We recognize revenue for the additional funding when the amounts are fixed or determinable and collectability is reasonably assured. This revenue is recorded in other revenue, which is a component of total net revenue in our Consolidated Statements of Operations and Retained Earnings. Once a customer is approved to receive the AEO Visa Card or the AEO Credit Card and the card is activated, the customer is eligible to participate in the credit card rewards program. Customers who make purchases at AEO and Aerie earn discounts in the form of savings certificates when certain purchase levels are reached. Also, AEO Visa Card customers who make purchases at other retailers where the card is accepted earn additional discounts. Savings certificates are valid for 90 days from issuance. Points earned under the credit card rewards program on purchases at AEO and Aerie are accounted for by analogy to ASC 605-25, Revenue Recognition, Multiple Element Arrangements The Company offers its customers the AEREWARDS ®
Segment Information	Segment Information In accordance with ASC 280, Segment Reporting

Summary of Significant Accoun19

Summary of Significant Accounting Policies (Tables)	3 Months Ended
	Apr. 30, 2016
Accounting Policies [Abstract]
Useful Lives of Major Classes of Assets	The useful lives of our major classes of assets are as follows: Buildings 25 years Leasehold improvements Lesser of 10 years or the term of the lease Fixtures and equipment 5 years

Cash and Cash Equivalents and20

Cash and Cash Equivalents and Investments (Tables)	3 Months Ended
	Apr. 30, 2016
Cash And Cash Equivalents [Abstract]
Fair Market Values for Cash and Marketable Securities	The following table summarizes the fair market values for the Company’s cash and marketable securities, which are recorded on the Consolidated Balance Sheets: (In thousands) April 30, 2016 January 30, 2016 May 2, 2015 Cash and cash equivalents: Cash $ 177,820 $ 205,359 $ 234,190 Money-market 61,156 54,708 92,717 Total cash and cash equivalents $ 238,976 $ 260,067 $ 326,907

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Apr. 30, 2016
Fair Value Disclosures [Abstract]
Fair Value Hierarchy for Financial Assets (Cash Equivalents) Measured at Fair Value on Recurring Basis	In accordance with ASC 820, the following table represents the Company’s fair value hierarchy for its financial assets (cash equivalents) measured at fair value on a recurring basis at April 30, 2016 and May 2, 2015: Fair Value Measurements at April 30, 2016 (In thousands) Carrying Amount Quoted Market Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Cash and cash equivalents: Cash $ 177,820 $ 177,820 — — Money-market 61,156 61,156 — — Total cash and cash equivalents $ 238,976 $ 238,976 — — Fair Value Measurements at May 2, 2015 (In thousands) Carrying Amount Quoted Market Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Cash and cash equivalents: Cash $ 234,190 $ 234,190 — — Money-market 92,717 92,717 — — Total cash and cash equivalents $ 326,907 $ 326,907 $ — $ —

Earnings per Share (Tables)

Earnings per Share (Tables)	3 Months Ended
	Apr. 30, 2016
Earnings Per Share [Abstract]
Reconciliation Between Basic and Diluted Weighted Average Shares Outstanding	The following is a reconciliation between basic and diluted weighted average shares outstanding: 13 Weeks Ended April 30, May 2, (In thousands) 2016 2015 Weighted average common shares outstanding: Basic number of common shares outstanding 180,697 194,975 Dilutive effect of stock options and non-vested restricted stock 2,230 905 Diluted number of common shares outstanding 182,927 195,880

Property and Equipment (Tables)

Property and Equipment (Tables)	3 Months Ended
	Apr. 30, 2016
Property Plant And Equipment [Abstract]
Property and Equipment	Property and equipment consists of the following: April 30, January 30, May 2, (In thousands) 2016 2016 2015 Property and equipment, at cost $ 1,802,838 $ 1,792,382 $ 1,726,207 Less: Accumulated depreciation (1,096,617 ) (1,088,796 ) (1,015,951 ) Property and equipment, net $ 706,221 $ 703,586 $ 710,256

Intangible Assets (Tables)

Intangible Assets (Tables)	3 Months Ended
	Apr. 30, 2016
Goodwill And Intangible Assets Disclosure [Abstract]
Intangible Assets	Intangible assets consist of the following: April 30, January 30, May 2, (In thousands) 2016 2016 2015 Trademarks and other intangibles, at cost $ 68,155 $ 67,398 $ 60,462 Less: Accumulated amortization (16,723 ) (15,566 ) (13,043 ) Intangible assets, net $ 51,432 $ 51,832 $ 47,419

Share-Based Compensation (Table

Share-Based Compensation (Tables)	3 Months Ended
	Apr. 30, 2016
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Summary of Stock Option Activity	A summary of the Company’s stock option activity for the 13 weeks ended April 30, 2016 follows: Weighted- Average Weighted- Average Remaining Contractual Aggregate Options Exercise Price Term Intrinsic Value (In thousands) (In years) (In thousands) Outstanding - January 30, 2016 1,213 $ 14.83 Exercised (1) 38 $ 12.03 Cancelled 42 $ 14.50 Outstanding - April 30, 2016 1,133 $ 14.93 0.8 314 Vested and expected to vest - April 30, 2016 1,133 $ 14.93 0.8 314 Exercisable - April 30, 2016 (2) 417 $ 13.56 0.8 314 (1) Options exercised during the 13 weeks ended April 30, 2016 had exercise prices ranging from $11.50 to $13.70. (2) Options exercisable represent “in-the-money” vested options based upon the weighted-average exercise price of vested options compared to the Company’s stock price at April 30, 2016.
Summary of Restricted Stock Activity	A summary of the Company’s restricted stock activity is presented in the following tables: Time-Based Restricted Stock Units Performance-Based Restricted Stock Units 13 Weeks Ended 13 Weeks Ended April 30, 2016 April 30, 2016 (Shares in thousands) Shares Weighted -Average Grant Date Fair Value Shares Weighted -Average Grant Date Fair Value Nonvested - January 30, 2016 1,935 $ 15.17 2,609 $ 16.02 Granted 800 $ 16.09 613 $ 16.09 Vested (781 ) $ 16.14 (115 ) $ 14.82 Cancelled (39 ) $ 14.36 (689 ) $ 19.74 Nonvested - April 30, 2016 1,915 $ 15.18 2,418 $ 15.03

Summary of Significant Accoun26

Summary of Significant Accounting Policies - Additional Information (Detail)	3 Months Ended
	Apr. 30, 2016USD ($)Segment	May. 02, 2015USD ($)
Significant Accounting Policies [Line Items]
Number of reportable segments | Segment	1
Investments	$ 0	$ 0
Long-lived asset impairment charges	0	0
Finite-lived impairment charges	0	0
Revenue related to gift card breakage	$ 2,100,000	$ 1,700,000
Number of operating segments | Segment	3
Minimum
Significant Accounting Policies [Line Items]
Finite lived intangibles, useful life	15 years
Maximum
Significant Accounting Policies [Line Items]
Finite lived intangibles, useful life	25 years

Useful Lives of Major Classes o

Useful Lives of Major Classes of Assets (Detail)	3 Months Ended
	Apr. 30, 2016
Buildings
Property, Plant and Equipment, Estimated Useful Lives, Lease Terms [Line Items]
Useful lives in asset class	25 years
Leasehold Improvements
Property, Plant and Equipment, Estimated Useful Lives, Lease Terms [Line Items]
Useful lives in asset class	Lesser of 10 years or the term of the lease
Fixtures and equipment
Property, Plant and Equipment, Estimated Useful Lives, Lease Terms [Line Items]
Useful lives in asset class	5 years

Useful Lives of Major Classes28

Useful Lives of Major Classes of Assets (Parenthetical) (Detail)	3 Months Ended
	Apr. 30, 2016
Maximum | Leasehold Improvements
Property, Plant and Equipment, Estimated Useful Lives, Lease Terms [Line Items]
Useful lives in asset class	10 years

Fair Market Values for Cash and

Fair Market Values for Cash and Marketable Securities (Detail) - USD ($) $ in Thousands	Apr. 30, 2016	Jan. 30, 2016	May. 02, 2015
Cash and cash equivalents:
Cash and cash equivalents	$ 238,976	$ 260,067	$ 326,907
Cash
Cash and cash equivalents:
Cash and cash equivalents	177,820	205,359	234,190
Money-market
Cash and cash equivalents:
Cash and cash equivalents	$ 61,156	$ 54,708	$ 92,717

Cash and Cash Equivalents and30

Cash and Cash Equivalents and Investments - Additional Information (Detail) - USD ($)	3 Months Ended
	Apr. 30, 2016	May. 02, 2015
Investments Debt And Equity Securities [Abstract]
Sale or purchase of available-for-sale securities	$ 0	$ 0

Fair Value Hierarchy for Financ

Fair Value Hierarchy for Financial Assets (Cash Equivalents) Measured at Fair Value on Recurring Basis (Detail) - USD ($) $ in Thousands	Apr. 30, 2016	Jan. 30, 2016	May. 02, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	$ 238,976	$ 260,067	$ 326,907
Cash
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	177,820	205,359	234,190
Money-market
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	61,156	$ 54,708	92,717
Fair Value, Measurements, Recurring | Carrying Amount
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	238,976		326,907
Fair Value, Measurements, Recurring | Carrying Amount | Cash
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	177,820		234,190
Fair Value, Measurements, Recurring | Carrying Amount | Money-market
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	61,156		92,717
Fair Value, Measurements, Recurring | Fair Value | Quoted Market Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	238,976		326,907
Fair Value, Measurements, Recurring | Fair Value | Cash | Quoted Market Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	177,820		234,190
Fair Value, Measurements, Recurring | Fair Value | Money-market | Quoted Market Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	$ 61,156		$ 92,717

Reconciliation Between Basic an

Reconciliation Between Basic and Diluted Weighted Average Shares Outstanding (Detail) - shares shares in Thousands	3 Months Ended
	Apr. 30, 2016	May. 02, 2015
Weighted average common shares outstanding:
Basic number of common shares outstanding	180,697	194,975
Dilutive effect of stock options and non-vested restricted stock	2,230	905
Diluted number of common shares outstanding	182,927	195,880

Earnings per Share - Additional

Earnings per Share - Additional Information (Detail) - shares	3 Months Ended
	Apr. 30, 2016	May. 02, 2015
Common stock
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Shares that were not included in the computation of weighted average diluted common share amounts as the effect of doing so would have been anti-dilutive	1,400,000	40,000
Restricted Stock Units (RSUs) | Performance shares
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Shares that were not included in the computation of weighted average diluted common share amounts as the effect of doing so would have been anti-dilutive	700,000

Property and Equipment (Detail)

Property and Equipment (Detail) - USD ($) $ in Thousands	Apr. 30, 2016	Jan. 30, 2016	May. 02, 2015
Property Plant And Equipment [Abstract]
Property and equipment, at cost	$ 1,802,838	$ 1,792,382	$ 1,726,207
Less: Accumulated depreciation	(1,096,617)	(1,088,796)	(1,015,951)
Property and equipment, net	$ 706,221	$ 703,586	$ 710,256

Intangible Assets (Detail)

Intangible Assets (Detail) - USD ($) $ in Thousands	Apr. 30, 2016	Jan. 30, 2016	May. 02, 2015
Finite Lived Intangible Assets Net [Abstract]
Trademarks and other intangibles, at cost	$ 68,155	$ 67,398	$ 60,462
Less: Accumulated amortization	(16,723)	(15,566)	(13,043)
Intangible assets, net	$ 51,432	$ 51,832	$ 47,419

Other Credit Arrangements - Add

Other Credit Arrangements - Additional Information (Detail)	12 Months Ended
	Jan. 31, 2015USD ($)	Apr. 30, 2016USD ($)Entity
Line Of Credit Facility [Line Items]
Borrowing agreement, number of financial institution | Entity		1
Credit Facilities | Credit Agreement
Line Of Credit Facility [Line Items]
Line of credit facility, expiration period	5 years
Borrowing agreements with financial institutions	$ 400,000,000
Stand-by Letters of Credit | Credit Agreement
Line Of Credit Facility [Line Items]
Letters of credit outstanding amount		$ 8,000,000
Credit Agreement Loans | Credit Agreement
Line Of Credit Facility [Line Items]
Outstanding borrowings		0
Demand letter of credit facilities | Borrowing Agreements
Line Of Credit Facility [Line Items]
Borrowing agreements with financial institutions		5,000,000
Outstanding borrowings		$ 0

Share-Based Compensation - Addi

Share-Based Compensation - Additional Information (Detail) - USD ($)	3 Months Ended
	Apr. 30, 2016	May. 02, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation	$ 8,808,000	$ 8,102,000
Share-based compensation, net of tax	5,600,000	4,900,000
Net proceeds from stock options exercised	452,000	1,028,000
Tax benefit (expense) realized from stock option exercises	$ 100,000	$ (200,000)
Stock options granted	0
Shares available for all equity grants	6,300,000
Employee Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation expense, stock options	$ 0
Time Based Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	3 years
Unrecognized compensation expense, weighted average period	2 years 2 months 12 days
Unrecognized compensation expense, restricted stock grants	$ 25,700,000
Performance-Based Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	3 years
Unrecognized compensation expense, restricted stock grants	$ 10,300,000
Performance-Based Restricted Stock Units | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation expense, weighted average period	1 year
Performance-Based Restricted Stock Units | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation expense, weighted average period	3 years

Summary of Stock Option Activit

Summary of Stock Option Activity (Detail) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Apr. 30, 2016USD ($)$ / sharesshares
Options
Outstanding - beginning of period | shares	1,213
Exercised | shares	38	[1]
Cancelled | shares	42
Outstanding- end of period | shares	1,133
Vested and expected to vest-end of period | shares	1,133
Exercisable-end of period | shares	417	[2]
Weighted-Average Exercise Price
Outstanding-beginning of period | $ / shares	$ 14.83
Exercised | $ / shares	12.03	[1]
Cancelled | $ / shares	14.50
Outstanding-end of period | $ / shares	14.93
Vested and expected to vest-end of period | $ / shares	14.93
Exercisable-end of period | $ / shares	$ 13.56	[2]
Weighted-Average Remaining Contractual Term (In years)
Outstanding-end of period	9 months 18 days
Vested and expected to vest-end of period	9 months 18 days
Exercisable-end of period	9 months 18 days	[2]
Aggregate Intrinsic Value
Outstanding-end of period | $	$ 314
Vested and expected to vest-end of period | $	314
Exercisable-end of period | $	$ 314	[2]
[1]	Options exercised during the 13 weeks ended April 30, 2016 had exercise prices ranging from $11.50 to $13.70.
[2]	Options exercisable represent “in-the-money” vested options based upon the weighted-average exercise price of vested options compared to the Company’s stock price at April 30, 2016.

Summary of Stock Option Activ39

Summary of Stock Option Activity (Parenthetical) (Detail)	3 Months Ended
	Apr. 30, 2016$ / shares
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Options exercised, exercise price range, lower limit	$ 11.50
Options exercised, exercise price range, upper limit	$ 13.70

Summary of Restricted Stock Act

Summary of Restricted Stock Activity (Detail) shares in Thousands	3 Months Ended
	Apr. 30, 2016$ / sharesshares
Time Based Restricted Stock Units
Shares
Nonvested - beginning of period | shares	1,935
Granted | shares	800
Vested | shares	(781)
Cancelled | shares	(39)
Nonvested - end of period | shares	1,915
Weighted-Average Grant Date Fair Value
Nonvested - beginning of period | $ / shares	$ 15.17
Granted | $ / shares	16.09
Vested | $ / shares	16.14
Cancelled | $ / shares	14.36
Nonvested - end of period | $ / shares	$ 15.18
Performance-Based Restricted Stock Units
Shares
Nonvested - beginning of period | shares	2,609
Granted | shares	613
Vested | shares	(115)
Cancelled | shares	(689)
Nonvested - end of period | shares	2,418
Weighted-Average Grant Date Fair Value
Nonvested - beginning of period | $ / shares	$ 16.02
Granted | $ / shares	16.09
Vested | $ / shares	14.82
Cancelled | $ / shares	19.74
Nonvested - end of period | $ / shares	$ 15.03

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended
	Apr. 30, 2016	May. 02, 2015
Income Tax Disclosure [Abstract]
Effective income tax rate	36.40%	39.40%
Reasonably possible amount of reduction in unrecognized tax benefit over the next twelve months	$ 3