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Adjustments to reconcile net income to net cash provided by operating activities

$ 384,852

$ 215,873

$ 150,482

Depreciation and amortization

201,103

183,586

172,099

Impairment charges - long-lived assets

2,127

2,450

6,111

Amortization of deferred financing costs

2,463

2,679

2,868

Accretion of long term debt instruments

1,048

942

809

Deferred income taxes

(30,727)

(2,919)

5,909

Non-cash loss on extinguishment of debt

2,881

3,805

649

Prepaid and other current assets

^[1]

27,034

15,953

11,161

Non-cash rent

(24,689)

(27,910)

(24,143)

Deferred rent incentives

48,834

32,212

41,786

Changes in assets and liabilities:

Accounts receivable

(19,983)

(3,489)

1,263

Merchandise inventories

(50,671)

81,048

5,180

(42,855)

(13,267)

(6,454)

Accounts payable

97,003

41,543

(23,483)

Other current liabilities

2,509

74,819

(10,642)

Other long term assets and long term liabilities

(2,109)

5,715

3,850

Other operating activities

8,430

2,876

1,957

Net cash provided by operating activities

607,250

615,916

339,402

INVESTING ACTIVITIES

Cash paid for property and equipment

(268,194)

(187,507)

(201,787)

Proceeds from sale of property and equipment and assets held for sale

(3)

7,288

4,250

Proceeds from insurance recoveries related to property and equipment

5,980

Other investing activities

(132)

2,805

Net cash (used in) investing activities

(262,208)

(180,351)

(194,732)

Purchase of treasury shares

(289,777)

(202,371)

(201,670)

Proceeds from stock option exercises

9,173

4,484

2,100

Deferred financing costs

(1,188)

(655)

(168)

Other financing activities

(5,975)

(6,149)

(3,466)

Net cash (used in) financing activities

(293,353)

(374,883)

(149,104)

Increase (decrease) in cash and cash equivalents

51,689

60,682

(4,434)

Cash and cash equivalents at beginning of period

81,597

20,915

25,349

Cash and cash equivalents at end of period

133,286

81,597

20,915

Supplemental disclosure of cash flow information:

Interest paid

49,092

51,590

57,376

Income tax payments - net

109,581

68,962

84,676

Non-cash investing activities:

Accrued purchases of property and equipment

31,279

24,120

18,017

Acquisition of capital lease

409

ABL senior secured revolving facility

Proceeds from long term debt

1,215,500

1,392,700

1,607,400

Senior Secured Term B-5 Loans

(1,215,500)

(1,560,100)

(1,503,300)

Proceeds from long term debt

1,114,207

Senior Secured Term B-4 Loans

(2,793)

Proceeds from long term debt

1,114,208

Senior Secured Term B-3 Loans

$ (1,117,000)

Balance at beginning of period at Jan. 31, 2015

$ (1,117,000)

$ (50,000)

[1]	The amounts presented in the table above exclude the effect of income taxes. The tax benefit related to the Company’s non-cash stock compensation was $2.8 million, $5.6 million and $4.1 million during Fiscal 2017, Fiscal 2016 and Fiscal 2015, respectively.

Consolidated Statements of Stockholder's Equity (Deficit) - USD ($)
$ in Thousands

Total

Common Stock

Additional Paid-in Capital

Accumulated Deficit

Accumulated Other Comprehensive Loss

Treasury Stock

$ (65,951)

$ 7

$ 1,370,498

$ (1,426,454)

$ (1,744)

$ (8,258)

Balance at beginning of period (in shares) at Jan. 31, 2015

75,925,507

(670,825)

Stock options exercised and related taxes

150,482

14,204

Stock options exercised and related taxes (in shares)

600,099

Shares used for tax withholding

(1,313)

$ (1,313)

Shares used for tax withholding (in shares)

(25,559)

Shares purchased as part of publicly announced programs

(200,357)

$ (200,357)

Shares purchased as part of publicly announced programs, (in shares)

(3,944,102)

Issuance of restricted shares, net of forfeitures

186,057

Stock based compensation

11,161

Unrealized gains (losses) on interest rate cap contracts, net of related taxes

(7,420)

Amount reclassified into earnings, net of related taxes

172

Balance at end of period at Jan. 30, 2016

(99,022)

$ 7

1,395,863

(1,275,972)

(8,992)

$ (209,928)

Balance at end of period (in shares) at Jan. 30, 2016

76,711,663

(4,640,486)

Stock options exercised and related taxes

215,873

17,954

Stock options exercised and related taxes (in shares)

604,675

Shares used for tax withholding

(2,371)

$ (2,371)

Shares used for tax withholding (in shares)

(35,637)

Shares purchased as part of publicly announced programs

(200,000)

$ (200,000)

Shares purchased as part of publicly announced programs, (in shares)

(2,797,088)

Issuance of restricted shares, net of forfeitures

337,586

Stock based compensation

15,953

Unrealized gains (losses) on interest rate cap contracts, net of related taxes

220

Re-issuance of shares previously held within treasury

(9,189)

$ 9,189

Amount reclassified into earnings, net of related taxes

1,581

Balance at end of period at Jan. 28, 2017

(49,812)

$ 7

1,420,581

(1,060,099)

(7,191)

$ (403,110)

Balance at end of period (in shares) at Jan. 28, 2017

77,653,924

(7,473,211)

Stock options exercised and related taxes

384,852

$ 9,173

9,173

Stock options exercised and related taxes (in shares)

568,675

^[1]

568,675

Shares used for tax withholding

$ (7,307)

Shares used for tax withholding (in shares)

(70,291)

Shares purchased as part of publicly announced programs

$ (282,470)

Shares purchased as part of publicly announced programs, (in shares)

(3,006,720)

Issuance of restricted shares, net of forfeitures

199,348

Stock based compensation

27,034

Unrealized gains (losses) on interest rate cap contracts, net of related taxes

1,742

Amount reclassified into earnings, net of related taxes

3,562

Balance at end of period at Feb. 03, 2018

$ 86,774

$ 7

1,457,205

(675,664)

$ (1,887)

$ (692,887)

Balance at end of period (in shares) at Feb. 03, 2018

78,421,947

(10,550,222)

Cumulative-effect adjustment

$ 417

$ (417)

[1]	Options exercised during Fiscal 2017 had a total intrinsic value of $46.3 million.

Consolidated Statements of Stockholder's Equity (Deficit) (Parenthetical) - USD ($) $ in Millions	12 Months Ended
	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Statement Of Stockholders Equity [Abstract]
Stock options exercised, related tax		$ 13.5	$ 11.9
Forfeited restricted shares	33,263	17,815	40,588
Unrealized gains (losses) on Interest Rate Cap Contracts, Tax	$ 1.4	$ 0.1	$ (4.9)
Amount reclassified into earnings on Interest Rate Cap Contracts, Tax	$ 2.4	$ 1.0	$ 0.1

Summary of Significant Accounting Policies

12 Months Ended

Feb. 03, 2018

Accounting Policies [Abstract]

Summary of Significant Accounting Policies

1. Summary of Significant Accounting Policies

Business

As of February 3, 2018, Burlington Stores, Inc. and its subsidiaries (collectively, the Company), a Delaware corporation, through its wholly owned indirect subsidiary Burlington Coat Factory Warehouse Corporation (BCFWC), has expanded its store base to 629 retail stores, inclusive of an internet store, in 45 states and Puerto Rico, selling in-season, fashion-focused merchandise, including: women’s ready-to-wear apparel, accessories, footwear, menswear, youth apparel, baby, home, coats, beauty and gifts. As of February 3, 2018, the Company operated stores under the names “Burlington Stores” (614 stores), “Cohoes Fashions” (2 stores), “Super Baby Depot” (2 stores), “MJM Designer Shoes” (10 stores) and one online store. Cohoes Fashions offers products similar to those offered by Burlington Stores. MJM Designer Shoes offers moderately priced designer and fashion shoes. The Super Baby Depot stores offer baby clothing, accessories, furniture and other merchandise in the middle to higher price range. The Company closed its last “Burlington Shoes” store during Fiscal 2017. As of February 3, 2018, eight stores remained temporarily closed as a result of weather-related incidents as discussed below.

Basis of Consolidation and Presentation

The accompanying Consolidated Financial Statements have been prepared in accordance with accounting principles generally accepted in the United States of America (GAAP). The Consolidated Financial Statements include the accounts of Burlington Stores, Inc. and its subsidiaries. All inter-company accounts and transactions have been eliminated in consolidation.

Fiscal Years

The Company defines its fiscal year as the 52 or 53 week period ending on the Saturday closest to January 31. The fiscal year ended February 3, 2018 (Fiscal 2017) consisted of 53 weeks, and the fiscal years ended January 28, 2017 (Fiscal 2016) and January 31, 2015 (Fiscal 2015) each consisted of 52 weeks.

Use of Estimates

Certain amounts included in the Consolidated Financial Statements are estimated based on historical experience, currently available information and management’s judgment as to the expected outcome of future conditions and circumstances. While every effort is made to ensure the integrity of such estimates, actual results could differ from these estimates, and such differences could have a material impact on the Company’s Consolidated Financial Statements.

Weather-Related Incidents

As a result of the effects of certain weather-related incidents during Fiscal 2017, 82 of the Company’s stores were closed for at least one day. The Company incurred losses of (i) $5.4 million related to the net book values of merchandise inventories and (ii) $17.7 million related to the net book values of property and equipment and other long-lived assets, as well as repair and maintenance costs related to the clean-up of its stores. These costs are recorded in the line items “Cost of sales” and “Selling general and administrative expenses” on the Company’s Consolidated Statement of Income for the year ended February 3, 2018. The Company is insured at the selling price of the inventory and at replacement costs for the property and equipment and other long-lived assets, less a deductible. As of February 3, 2018, the Company received approximately $11.7 million of insurance proceeds to offset some of the losses. The Company allocated $6.0 million of these proceeds to property and equipment, which is included in the line item “Proceeds from insurance recoveries related to property and equipment,” a component of cash flows from investing activities, on the Company’s Consolidated Statements of Cash Flows during the year ended February 3, 2018. In addition, the Company has recorded an $8.9 million receivable to offset these losses as of February 3, 2018, as the collection is deemed probable based on the insurance contracts the Company had in place at the time of the losses, which is included in the line item “Accounts receivable” on our Consolidated Balance Sheets.

Secondary Offering

During Fiscal 2015, the Company closed a secondary public offering in which an aggregate of 12,490,154 shares of its common stock were sold by certain of the Company’s stockholders. The Company did not receive any of the proceeds from the secondary offering. The Company incurred $0.2 million in offering costs related to the secondary offering during Fiscal 2015, which are included in the line item “Costs related to debt amendments and secondary offering” on the Company’s Consolidated Statements of Income.

Cash and Cash Equivalents

Cash and cash equivalents represent cash and short-term, highly liquid investments with maturities of three months or less at the time of purchase. Book cash overdrafts are included in the line item “Accounts payable” on the Company’s Consolidated Balance Sheets.

Accounts Receivable

Accounts receivable consist of credit card receivables, lease incentive receivables, insurance receivables and other receivables. Accounts receivable are recorded at net realizable value, which approximates fair value. The Company provides an allowance for doubtful accounts for amounts deemed uncollectible.

Inventories

Merchandise inventories are valued at the lower of cost or market, as determined by the retail inventory method. Under the retail inventory method, the valuation of inventories at cost and the resulting gross margins are calculated by applying a calculated cost to retail ratio to the retail value of inventories. The Company regularly records a provision for estimated shortage, thereby reducing the carrying value of merchandise inventory. Complete physical inventories of all of the Company’s stores and warehouses are performed no less frequently than annually, with the recorded amount of merchandise inventory being adjusted to coincide with these physical counts.

The Company records its cost of merchandise (net of purchase discounts and certain vendor allowances), certain merchandise acquisition costs (primarily commissions and import fees), inbound freight, outbound freight from distribution centers, and freight on internally transferred merchandise in the line item “Cost of sales” in the Company’s Consolidated Statements of Income.

Costs associated with the Company’s distribution, buying, and store receiving functions are included in the line items “Selling, general and administrative expenses” and “Depreciation and amortization” in the Company’s Consolidated Statements of Income. Product sourcing costs included within the line item “Selling, general and administrative expenses” amounted to $283.6 million, $261.0 million and $229.4 million during Fiscal 2017, Fiscal 2016 and Fiscal 2015, respectively. Depreciation and amortization related to the distribution and purchasing functions for the same periods amounted to $26.6 million, $22.6 million and $18.3 million, respectively.

Property and Equipment

Property and equipment are recorded at cost. Depreciation is computed using the straight-line method over the estimated useful lives of the assets, which range from 20 to 40 years for buildings, depending upon the expected useful life of the facility, and three to ten years for store fixtures and equipment. Leasehold improvements are amortized over the lease term, including any reasonably assured renewal options or the expected economic life of the improvement, whichever is less. Repairs and maintenance expenditures are expensed as incurred. Renewals and betterments, which significantly extend the useful lives of existing property and equipment, are capitalized. Assets recorded under capital leases are recorded at the present value of minimum lease payments and are amortized over the lease term. Amortization of assets recorded as capital leases is included in the line item “Depreciation and amortization” in the Company’s Consolidated Statements of Income. The carrying value of all long-lived assets is reviewed for impairment whenever events or changes in circumstances indicate that the carrying value of an asset may not be recoverable, in accordance with ASC Topic No. 360 “Property, Plant, and Equipment” (Topic No. 360). The Company recorded impairment charges related to property and equipment of $1.1 million, $0.8 million and $2.4 million during Fiscal 2017, Fiscal 2016 and Fiscal 2015, respectively. These charges are recorded in the line item “Impairment charges—long-lived assets” in the Company’s Consolidated Statements of Income. Refer to Note 6, “Impairment Charges,” for further discussion of the Company’s measurement of impairment of long-lived assets.

Impairment of Long-Lived Assets

The Company reviews its long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of assets held and used is measured by a comparison of the carrying amount of an asset to undiscounted pre-tax future net cash flows expected to be generated by that asset. If the undiscounted future cash flows are not adequate to recover the carrying value of the asset, an impairment charge is recognized for the amount by which the carrying amount of the assets exceeds the fair value of such assets. Refer to Note 6, “Impairment Charges,” for further discussion of the Company’s measurement of impairment of long-lived assets.

Capitalized Computer Software Costs

The Company accounts for capitalized software in accordance with ASC Topic No. 350 “Intangibles—Goodwill and Other” (Topic No. 350) which requires the capitalization of certain costs incurred in connection with developing or obtaining software for internal use. The Company capitalized $19.1 million and $28.2 million relating to these costs during Fiscal 2017 and Fiscal 2016, respectively.

Intangible Assets

The Company accounts for intangible assets in accordance with Topic No. 350. The Company’s intangible assets primarily represent tradenames and favorable lease positions. The tradename asset “Burlington” is expected to generate cash flows indefinitely and, therefore, is accounted for as an indefinite-lived asset not subject to amortization. The values of favorable and unfavorable lease positions are amortized on a straight-line basis over the expected lease terms. Amortization of net favorable lease positions is included in the line item “Depreciation and amortization” in the Company’s Consolidated Statements of Income. The Company evaluates its intangible assets for possible impairment as follows:

Indefinite-lived intangible assets: The Company tests identifiable intangible assets with an indefinite life for impairment on an annual basis, or when a triggering event occurs, relying on a number of factors that include operating results, business plans and projected future cash flows. The impairment test consists of a comparison of the fair value of the indefinite-lived intangible asset with its carrying amount. The Company determines fair value through the relief of royalty method which is a widely accepted valuation technique. In April 2017, the Company’s annual assessment date, the Company performed a quantitative analysis and determined that the fair values of each of the Company’s identifiable intangible assets are greater than their respective carrying values. There were no impairment charges recorded during Fiscal 2017, Fiscal 2016 or Fiscal 2015 related to indefinite-lived intangible assets.

Finite-lived intangible assets: Identifiable intangible assets that are subject to amortization are evaluated for impairment in accordance with Topic No. 360 using a process similar to that used to evaluate other long-lived assets as described in Note 6, “Impairment Charges.” An impairment charge is recognized for the amount by which the carrying value exceeds the fair value of the asset. For the favorable lease positions, if the carrying amount exceeds the estimated expected undiscounted future cash flows, the Company measures the amount of the impairment by comparing the carrying amount of the asset to its fair value. The fair value is estimated by discounting expected future cash flows using the Company’s risk adjusted rate of interest. The Company recorded impairment charges of $0.8 million, $1.6 million and $3.3 million related to finite-lived intangible assets during Fiscal 2017, Fiscal 2016 and Fiscal 2015, respectively. These charges are recorded in the line item “Impairment charges–long-lived assets” in the Company’s Consolidated Statements of Income. Refer to Note 6, “Impairment Charges,” for further discussion of the Company’s measurement of impairment of long-lived assets.

Goodwill

Goodwill represents the excess of the acquisition cost over the estimated fair value of tangible assets and other identifiable intangible assets acquired less liabilities assumed. Topic No. 350 requires a comparison, at least annually, of the carrying value of the assets and liabilities associated with a reporting unit, including goodwill, with the fair value of the reporting unit. The Company determines fair value through multiple widely accepted valuation techniques. These techniques use a variety of assumptions including projected market conditions, discount rates and future cash flows. If the carrying value of the assets and liabilities exceeds the fair value of the reporting unit, the Company would calculate the implied fair value of its reporting unit goodwill as compared with the carrying value of its reporting unit goodwill to determine the appropriate impairment charge. On the first business day of the second quarter, the Company’s annual assessment date, the Company performed a quantitative analysis and determined that the fair value of the Company’s reporting unit was greater than its carrying value. There were no impairment charges related to goodwill during Fiscal 2017, Fiscal 2016 or Fiscal 2015.

Other Assets

Other assets consist primarily of landlord-owned store assets that the Company has paid for as part of its lease, deferred financing costs associated with the Company’s senior secured asset-based revolving credit facility (the ABL Line of Credit) and purchased lease rights. Landlord-owned assets represent leasehold improvements at certain stores for which the Company has paid, but the landlord has retained title. These assets are amortized over the lease term inclusive of reasonably assured renewal options. Amortization of landlord-owned assets was $14.5 million, and was included in the line item “Depreciation and amortization” in the Company’s Consolidated Statements of Income. Deferred financing costs are amortized over the life of the ABL Line of Credit using the interest method of amortization. Amortization of deferred financing costs is recorded in the line item “Interest expense” in the Company’s Consolidated Statements of Income. Purchased lease rights are amortized over the lease term inclusive of reasonably assured renewal options and the amortization is recorded in the line item “Selling, general and administrative expenses” in the Company’s Consolidated Statements of Income. Both landlord-owned assets and purchased lease rights are assessed for impairment in accordance with Topic No. 360. During Fiscal 2017, Fiscal 2016 and Fiscal 2015, the Company recorded impairment charges of $0.2 million, $0.1 million and $0.4 million, respectively, related to purchased lease rights and landlord-owned assets. These charges are recorded in the line item “Impairment charges–long-lived assets” in the Company’s Consolidated Statements of Income. Refer to Note 6, “Impairment Charges,” for further discussion of the Company’s measurement of impairment of long-lived assets.

Other Current Liabilities

Other current liabilities primarily consist of sales tax payable, customer liabilities, accrued payroll costs, self-insurance reserves, accrued operating expenses, payroll taxes payable, current portion of straight line rent liability and other miscellaneous items. Customer liabilities totaled $34.6 million and $33.2 million as of February 3, 2018 and January 28, 2017, respectively.

The Company has risk participation agreements with insurance carriers with respect to workers’ compensation, general liability insurance and health insurance. Pursuant to these arrangements, the Company is responsible for paying individual claims up to designated dollar limits. The amounts related to these claims are estimated and can vary based on changes in assumptions or claims experience included in the associated insurance programs. An increase in workers’ compensation claims, health insurance claims or general liability claims may result in a corresponding increase in costs related to these claims. Self-insurance reserves as of February 3, 2018 and January 28, 2017 were:

	(in thousands)
	Fiscal Years Ended
	February 3, 2018		January 28, 2017
Short-term self-insurance reserve(a)	$	26,652	$	28,569
Long-term self-insurance reserve(b)		38,255		41,404
Total	$	64,907	$	69,973

(a)	Represents the portions of the self-insurance reserve expected to be paid in the next twelve months, which were recorded in the line item “Other current liabilities” in the Company’s Consolidated Balance Sheets.

(b)	Represents the portions of the self-insurance reserve expected to be paid in excess of twelve months, which was recorded in the line item “Other liabilities” in the Company’s Consolidated Balance Sheets.

Other Liabilities

Other liabilities primarily consist of deferred lease incentives, the long term portion of self-insurance reserves, the excess of straight-line rent expense over actual rental payments and tax liabilities associated with the uncertain tax positions recognized by the Company in accordance with ASC Topic No. 740 “Income Taxes” (Topic No. 740).

Deferred lease incentives are funds received or receivable from landlords used primarily to offset the costs incurred for remodeling of stores. These deferred lease incentives are amortized over the expected lease term, including rent holiday periods and option periods where the exercise of the option can be reasonably assured. Amortization of deferred lease incentives is included in the line item “Selling, general and administrative expenses” on the Company’s Consolidated Statements of Income. At February 3, 2018 and January 28, 2017, deferred lease incentives were $206.0 million and $180.9 million, respectively.

Revenue Recognition

The Company records revenue at the time of sale and delivery of merchandise, net of allowances for estimated future returns. The Company presents sales, net of sales taxes, in its Consolidated Statements of Income. The Company accounts for layaway sales and leased department revenue in compliance with ASC Topic No. 605 “Revenue Recognition” (Topic No. 605). Layaway sales are recognized upon delivery of merchandise to the customer. The amount of cash received upon initiation of the layaway is recorded as a deposit liability in the line item “Other current liabilities” in the Company’s Consolidated Balance Sheets. Store value cards (gift cards and store credits issued for merchandise returns) are recorded as a liability at the time of issuance, and the related sale is recorded upon redemption.

The Company determines an estimated store value card breakage rate by continuously evaluating historical redemption data. Breakage income is recognized monthly in proportion to the historical redemption patterns for those store value cards for which the likelihood of redemption is remote.

Other Revenue

Other revenue consists of service fees (layaway, shipping and handling, alteration, dormancy and other service charges), subleased rental income and rental income from leased departments as shown in the table below:

	(in thousands)
	Fiscal Years Ended
	February 3, 2018		January 28, 2017		January 30, 2016
Service fees	$	16,207	$	15,779	$	14,782
Subleased rental income and other		8,846		8,720		8,681
Rental income from leased departments		224		413		7,448
Total	$	25,277	$	24,912	$	30,911

Rental income from leased departments results from arrangements at some of the Company’s stores where the Company granted unaffiliated third parties the right to use designated store space solely for the purpose of selling such third parties’ goods, including such items as fragrances and designer handbags. Rental income is based on an agreed upon percentage of the lease departments’ total revenues. The Company does not own or have any rights to any tradenames, licenses or other intellectual property in connection with the brands sold by such unaffiliated third parties. During Fiscal 2015, the Company began the conversion of its fragrance business, which was previously operated under a licensing arrangement, to an owned category, and such sales are recorded in the line item “Net sales” in our Consolidated Statements of Income.

Advertising Costs

The Company’s advertising costs consist primarily of national television, direct mail and digital costs. Advertising costs are expensed the first time the advertising takes place, and are included in the line item “Selling, general and administrative expenses” on the Company’s Consolidated Statements of Income. During Fiscal 2017, Fiscal 2016 and Fiscal 2015, net advertising costs were $82.3 million, $81.8 million and $84.7 million, respectively.

Barter Transactions

The Company accounts for barter transactions under ASC Topic No. 845 “Nonmonetary Transactions.” Barter transactions with commercial substance are recorded at the estimated fair value of the products exchanged, unless the products received have a more readily determinable estimated fair value. Revenue associated with barter transactions is recorded at the time of the exchange of the related assets.

There were no barter transactions during Fiscal 2017. During Fiscal 2016 and Fiscal 2015, the Company exchanged $0.6 million and $0.1 million, respectively, of inventory for certain advertising credits. To account for the exchange, the Company recorded “Net sales” and “Cost of sales” of $0.6 million and $0.1 million in the Company’s Consolidated Statements of Income during Fiscal 2016 and Fiscal 2015, respectively. The Company has $1.2 million of unused advertising credits remaining as of February 3, 2018 that are expected to be used during the fiscal year ending February 2, 2019 (Fiscal 2018).

The following table summarizes the prepaid advertising expense which was included in the line items “Prepaid and other current assets” and “Other assets” in the Company’s Consolidated Balance Sheets as of February 3, 2018 and January 28, 2017:

	(in thousands)
	February 3, 2018		January 28, 2017
Prepaid and other current assets	$	1,183	$	2,677
Other assets		—		1,024
Total prepaid advertising expense	$	1,183	$	3,701

The following table details barter credit usage for Fiscal 2017, Fiscal 2016 and Fiscal 2015, which are included in the line item “Selling, general and administrative expenses” on the Company’s Consolidated Statements of Income:

	(in thousands)
	Fiscal Years Ended
	February 3, 2018		January 28, 2017		January 30, 2016
Barter credit usage	$	2,518	$	2,384	$	2,551

Income Taxes

The Company accounts for income taxes in accordance with Topic No. 740. Deferred income taxes reflect the impact of temporary differences between amounts of assets and liabilities for financial reporting purposes and such amounts as measured by tax laws. A valuation allowance against the Company’s deferred tax assets is recorded when it is more likely than not that some portion or all of the deferred tax assets will not be realized. In determining the need for a valuation allowance, management is required to make assumptions and to apply judgment, including forecasting future earnings, taxable income, and the mix of earnings in the jurisdictions in which the Company operates. Management periodically assesses the need for a valuation allowance based on the Company’s current and anticipated results of operations. The need for and the amount of a valuation allowance can change in the near term if operating results and projections change significantly.

Topic No. 740 requires the recognition in the Company’s Consolidated Financial Statements of the impact of a tax position taken or expected to be taken in a tax return, if that position is “more likely than not” of being sustained upon examination by the relevant taxing authority, based on the technical merits of the position. The tax benefits recognized in the Company’s Consolidated Financial Statements from such a position are measured based on the largest benefit that has a greater than fifty percent likelihood of being realized upon ultimate resolution. The Company records interest and penalties related to unrecognized tax benefits as part of income taxes.

Other Income, Net

Other income, net, consists of breakage income, net gains and losses from disposition of fixed assets, investment income gains and losses, and other miscellaneous income items. During Fiscal 2017, Fiscal 2016 and Fiscal 2015, the Company recognized $3.3 million, $3.3 million and $2.9 million, respectively, of breakage income. The Company also recognized$2.5 million during both Fiscal 2017 and Fiscal 2016 related to the sale of certain state tax credits.

Comprehensive Income

Comprehensive income is comprised of net income, the effective portion of changes in the fair value of derivatives designated and that qualify as cash flow hedges, less amounts reclassified into earnings.

Lease Accounting

The Company leases store locations, distribution centers and office space used in its operations. The Company accounts for these types of leases in accordance with ASC Topic No. 840, “Leases” (Topic No. 840), and subsequent amendments, which require that leases be evaluated and classified as operating or capital leases for financial reporting purposes. Assets held under capital leases are included in the line item “Property and equipment—net of accumulated depreciation and amortization” in the Company’s Consolidated Balance Sheets. For leases classified as operating, the Company calculates rent expense on a straight-line basis over the lesser of the lease term including renewal options, if reasonably assured, or the economic life of the leased premises, taking into consideration rent escalation clauses, rent holidays and other lease concessions. The Company commences recording rent expense during the store fixturing and merchandising phase of the leased property.

Stock-Based Compensation

The Company accounts for stock-based compensation in accordance with ASC Topic No. 718, “Stock Compensation” (Topic No. 718), which requires companies to record stock compensation expense for all non-vested and new awards beginning as of the grant date. As of February 3, 2018, there were 4,968,793 shares available for issuance under the Company’s 2013 Omnibus Incentive Plan. As of February 3, 2018, there were 2,579,831 options outstanding and 748,894 shares of non-vested restricted stock outstanding under the Company’s incentive plans. During Fiscal 2017, Fiscal 2016 and Fiscal 2015, the Company recognized non-cash stock compensation expense in the amount of $27.0 million, $16.0 million and $11.2 million, respectively. Refer to Note 12, “Stock-Based Compensation,” for further details.

Net Income Per Share

Net income per share is calculated using the treasury stock method. Refer to Note 11, “Net Income Per Share,” for further details.

Credit Risk

Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash, cash equivalents and investments. The Company manages the credit risk associated with cash equivalents and investments by investing with high-quality institutions and, by policy, limiting investments only to those which meet prescribed investment guidelines. The Company maintains cash accounts that, at times, may exceed federally insured limits. The Company has not experienced any losses from maintaining cash accounts in excess of such limits. Management believes that it is not exposed to any significant risks on its cash and cash equivalent accounts.

Segment Information

The Company reports segment information in accordance with ASC Topic No. 280 “Segment Reporting.” The Company has one reportable segment. The Company is an off-price retailer that offers customers a complete line of value-priced apparel, including: ladies sportswear, menswear, coats, family footwear and youth apparel as well as baby furniture, accessories, home décor and gifts. Sales percentage by major product category is as follows:

Category	Fiscal 2017			Fiscal 2016			Fiscal 2015
Women’s ready-to-wear apparel		23	%		24	%		24	%
Accessories and footwear		22	%		22	%		22	%
Menswear		20	%		20	%		21	%
Youth apparel/baby		16	%		16	%		16	%
Home		14	%		12	%		11	%
Coats		5	%		6	%		6	%

Recent Accounting Pronouncements	12 Months Ended
Recent Accounting Pronouncements	Feb. 03, 2018
New Accounting Pronouncements And Changes In Accounting Principles [Abstract]
Recent Accounting Pronouncements	2. Recent Accounting Pronouncements Adopted Accounting Standards In March 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standard Update (ASU) No. 2016-09, “Improvements to Employee Share-Based Payment Accounting” (ASU 2016-09). ASU 2016-09 changes how companies account for certain aspects of share-based payments to employees including: (i) requiring all income tax effects of awards to be recognized in the income statement, rather than in additional paid in capital, when the awards vest or are settled, (ii) eliminating the requirement that excess tax benefits be realized before companies can recognize them, (iii) requiring companies to present excess tax benefits as an operating activity on the statement of cash flows rather than as a financing activity, (iv) increasing the amount an employer can withhold to cover income taxes on awards and still qualify for the exception to liability classification for shares used to satisfy the employer’s statutory income tax withholding obligation, (v) requiring an employer to classify the cash paid to a tax authority when shares are withheld to satisfy its statutory income tax withholding obligation as a financing activity on its statement of cash flows and (vi) requiring an employer to elect whether to account for forfeitures of share-based payments by (a) recognizing forfeitures of awards as they occur or (b) estimating the number of awards expected to be forfeited and adjusting the estimate when it is likely to change, as is currently required. ASU 2016-09 is effective for fiscal years beginning after December 15, 2016. The Company adopted this standard effective January 29, 2017. The primary impact of adoption was the prospective recognition of excess tax benefits in the income statement as an income tax benefit rather than equity, which increased net income per share during the year ended February 3, 2018 by $0.23 and lowered the Company’s effective tax rate by approximately 440 basis points. The Company has applied the amendment relating to the presentation of the excess tax benefits on the Consolidated Statements of Cash Flows retrospectively, resulting in the reclassification of $13.5 million and $11.9 million of excess tax benefits from cash flows from financing activities to cash flows from operating activities for the fiscal years ended January 28, 2017 and January 30, 2016, respectively. The Company has elected to account for forfeitures of share-based awards as they occur, on a modified retrospective basis, resulting in a $0.4 million cumulative-effect adjustment to retained earnings as of January 29, 2017. The presentation requirements for cash flows related to employee taxes paid upon the vesting of restricted stock awards had no impact to any of the periods presented in the Company’s Consolidated Statements of Cash Flows since such cash flows have historically been presented as a financing activity. Pending Accounting Standards In May 2014, the FASB issued ASU 2014-09, “Revenue from Contracts with Customers” (ASU 2016-09), which converges revenue recognition under GAAP and International Financial Reporting Standards. The new guidance supersedes most preexisting revenue recognition guidance, and provides a five-step analysis of transactions to determine when and how revenue is recognized. The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The FASB issued ASU 2015-14 in August 2015, which deferred the effective date of ASU 2014-09 for public companies to periods beginning after December 15, 2017, with early adoption permitted. The standard shall be applied either retrospectively to each period presented or as a cumulative-effect adjustment as of the date of adoption. This ASU will be effective for the Company as of the beginning of the fiscal year ending February 2, 2019 (Fiscal 2018). The Company will adopt this guidance in the first quarter of fiscal 2018 using the modified retrospective transition method. The Company believes that there will be no change in the timing or amount of revenue recognized under the new standard as it relates to revenue from point of sale at the registers in our stores, which constitutes more than 99% of the Company’s revenue. The new standard will require a change in the presentation of the Company’s sales return reserve on the balance sheet, which is currently recorded net. The new standard will require the reserve to be established at the gross sales value with an asset established for the value of the merchandise returned. The adoption of this guidance is not expected to have a material impact on our consolidated Financial Statements and related disclosures. In February 2016, the FASB issued ASU 2016-02, “Leases.” The standard’s core principle is to increase transparency and comparability among organizations by recognizing lease assets and liabilities on the balance sheet and disclosing key information about leasing arrangements. This standard is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. This ASU will be effective for the Company as of the beginning of the fiscal year ending February 1, 2020 (Fiscal 2019). Early adoption is permitted. While the Company is continuing to evaluate the impact of the adoption of this guidance on its consolidated financial statements and notes thereto, it does expect that this new guidance will result in a significant increase to the assets and liabilities presented on its consolidated balance sheets. Refer to Note 12, “Lease Commitments,” for further detail of the Company’s future minimum lease payments. This guidance is not expected, however, to have a significant impact on the Company's liquidity. In August 2016, the FASB issued ASU 2016-15, “Statement of Cash Flows: Classification of Certain Cash Receipts and Cash Payments.” The primary purpose of this ASU is to reduce the diversity in practice that has resulted from the lack of consistent principles on this topic. This ASU is effective for fiscal years beginning after December 15, 2017. This ASU will be effective for the Company as of the beginning of Fiscal 2018. Early adoption is permitted in any interim or annual period. The Company does not anticipate that the new guidance will have a significant impact on its consolidated financial statements. In November 2016, the FASB issued ASU 2016-18, “Statement of Cash Flows: Restricted Cash.” The primary purpose of this ASU is to reduce the diversity in practice that exists in the classification and presentation of changes in restricted cash and restricted cash equivalents on the statement of cash flows. This ASU will require that a statement of cash flows explain the change during the period in the total of cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. Therefore, amounts generally described as restricted cash and restricted cash equivalents should be included with cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown on the statement of cash flows. This ASU is effective for fiscal years beginning after December 15, 2017. This ASU will be effective for the Company as of the beginning of Fiscal 2018. Early adoption is permitted in any interim or annual period. While the Company is still in the process of determining the impact of the adoption of this guidance on its consolidated financial statements and notes thereto, it does not anticipate that the new guidance will have a significant impact on its consolidated financial statements. In January 2017, the FASB issued ASU 2017-04, “Intangibles—Goodwill and Other: Simplifying the Test for Goodwill Impairment,” which aims to simplify the subsequent measurement of goodwill by eliminating Step 2 from the goodwill impairment test. Under the new guidance, goodwill impairment will be measured as the amount by which the carrying value exceeds the fair value. The loss recognized should not exceed the total amount of goodwill allocated to the reporting unit. The new guidance will be effective for annual reporting periods beginning after December 15, 2019, including interim periods. This ASU will be effective for the Company as of the beginning of Fiscal 2020. Early adoption is permitted for annual or interim goodwill impairment tests performed on testing dates after January 1, 2017. The Company does not anticipate that the new guidance will have a significant impact on its consolidated financial statements. There were no other new accounting standards that had a material impact on the Company’s Consolidated Financial Statements during the fiscal year ended February 3, 2018, and there were no other new accounting standards or pronouncements that were issued but not yet effective as of February 3, 2018 that the Company expects to have a material impact on its financial position or results of operations upon becoming effective.

Restricted Cash and Cash Equivalents	12 Months Ended
Restricted Cash and Cash Equivalents	Feb. 03, 2018
Cash And Cash Equivalents [Abstract]
Restricted Cash and Cash Equivalents	3. Restricted Cash and Cash Equivalents At February 3, 2018 and January 28, 2017, restricted cash and cash equivalents consisted of $27.8 million related to collateral for certain insurance contracts. The Company has the ability to convert the restricted cash to a letter of credit at any time, which would reduce available borrowings on the ABL Line of Credit by a like amount.

Property and Equipment

12 Months Ended

Feb. 03, 2018

Property Plant And Equipment [Abstract]

Property and Equipment

4. Property and Equipment

Property and equipment consist of:

		(in thousands)
	Useful Lives	February 3, 2018			January 28, 2017
Land	N/A	$	159,465		$	157,272
Buildings	20 to 40 Years		465,207			452,497
Store fixtures and equipment	3 to 10 Years		831,963			762,826
Software	3 to 10 Years		235,799			205,673
Leasehold improvements	Shorter of lease term or useful life		604,470			561,371
Construction in progress	N/A		28,155			37,145
			2,325,059			2,176,784
Less: accumulated depreciation			(1,190,287	)		(1,127,337	)
Total property and equipment, net of accumulated depreciation and amortization		$	1,134,772		$	1,049,447

As of February 3, 2018 and January 28, 2017, assets, net of accumulated amortization of $21.0 million and $18.8 million, respectively, held under capital leases amounted to approximately $19.8 million and $22.0 million, respectively, and are included in the line item “Buildings” in the foregoing table. Amortization expense related to capital leases is included in the line item “Depreciation and amortization” in the Company’s Consolidated Statements of Income. The total amount of depreciation expense during Fiscal 2017, Fiscal 2016 and Fiscal 2015 was $163.3 million, $146.3 million and $135.7 million, respectively.

During Fiscal 2017, Fiscal 2016 and Fiscal 2015, the Company recorded impairment charges related to property and equipment of $1.1 million, $0.8 million and $2.4 million, respectively. Refer to Note 6, “Impairment Charges,” for further discussion.

Internally developed software is amortized on a straight line basis over three to five years and is recorded in the line item “Depreciation and amortization” in the Company’s Consolidated Statements of Income. Depreciation and amortization of internally developed software amounted to $18.2 million, $15.4 million and $14.6 million during Fiscal 2017, Fiscal 2016 and Fiscal 2015, respectively.

Intangible Assets

12 Months Ended

Feb. 03, 2018

Goodwill And Intangible Assets Disclosure [Abstract]

Intangible Assets

5. Intangible Assets

Intangible assets at February 3, 2018 and January 28, 2017 consist primarily of tradenames and favorable lease positions as follows:

	(in thousands)
	February 3, 2018							January 28, 2017
	Gross Carrying Amount		Accumulated Amortization			Net Amount		Gross Carrying Amount		Accumulated Amortization			Net Amount
Tradenames	$	238,000	$	—		$	238,000	$	238,000	$	—		$	238,000
Favorable leases	$	442,322		(253,375	)	$	188,947	$	456,389	$	(243,209	)	$	213,180

Favorable Leases

The decrease in the gross carrying amount of the Company’s favorable leases from January 28, 2017 to February 3, 2018 reflects a reduction of $13.2 million during Fiscal 2017 from the write-off of certain favorable leases becoming fully amortized during the period, as well as $0.8 million related to the impairment of two stores. Refer to Note 6, “Impairment Charges,” for further discussion related to impairment charges of favorable leases.

Accumulated amortization of favorable leases as of February 3, 2018 reflects Fiscal 2017 amortization expense of $23.3 million, partially offset by a decrease of $13.2 million related to the write-off of fully amortized leases, as discussed above.

The weighted average amortization period remaining for the Company’s favorable leases is 12.5 years. Amortization expense of favorable leases for each of the next five fiscal years and thereafter is estimated to be as follows:

Fiscal Years:	(in thousands)
2018	$	20,733
2019		20,255
2020		19,010
2021		18,501
2022		16,668
Thereafter		93,780
Total	$	188,947

Impairment Charges

12 Months Ended

Feb. 03, 2018

Goodwill And Intangible Assets Disclosure [Abstract]

Impairment Charges

6. Impairment Charges

Impairment charges recorded during Fiscal 2017, Fiscal 2016 and Fiscal 2015 amounted to $2.1 million, $2.5 million and $6.1 million, respectively, and are primarily related to declines in revenues and operating results of the respective stores. Additionally, during Fiscal 2017, a portion of the impairment related to a decline in the appraised fair value of one of the Company’s owned stores. Impairment charges during these periods related to the following:

	(in thousands)
	Fiscal Years Ended
Asset Categories	February 3, 2018		January 28, 2017		January 30, 2016
Favorable leases	$	836	$	1,550	$	3,318
Store fixtures and equipment		308		440		1,146
Leasehold improvements		306		387		1,005
Other assets		203		73		429
Software		—		—		213
Buildings		227		—		—
Land		247		—		—
Total	$	2,127	$	2,450	$	6,111

The Company recorded impairment charges related to store-level assets for four stores during Fiscal 2017, five stores during Fiscal 2016 and five stores during Fiscal 2015. During Fiscal 2016 and Fiscal 2015, the Company also recorded impairment charges for capital expenditures for previously impaired stores.

Long-lived assets are measured at fair value on a non-recurring basis for purposes of calculating impairment using the fair value hierarchy of ASC Topic No. 820 “Fair Value Measurements” (Topic No. 820). Refer to Note 16, “Fair Value of Financial Instruments,” for further discussion of the Company’s fair value hierarchy. The fair value of the Company’s long-lived assets is generally calculated using discounted cash flows. Two of the impaired stores were fully impaired during Fiscal 2017. They had zero fair value as of February 3, 2018. The remaining two impaired stores were partially impaired during Fiscal 2017. The table below sets forth, by level within the fair value hierarchy, the fair value of the partially-impaired stores, subsequent to impairment charges as of February 3, 2018:

	(in thousands)
	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Un- Observable Inputs (Level 3)		Total		Total Impairment Losses
Land	$	—	$	—	$	470	$	470	$	247
Buildings		—		—		333		333		227
Store fixtures and equipment		—		—		23		23		308
Leasehold improvements		—		—		84		84		306
Favorable leases		—		—		48		48		836
Other assets		—		—		—		—		203
Total	$	—	$	—	$	958	$	958	$	2,127

Long Term Debt

12 Months Ended

Feb. 03, 2018

Debt Disclosure [Abstract]

Long Term Debt

7. Long Term Debt

Long term debt consists of:

	(in thousands)
	February 3,			January 28,
	2018			2017
$1,200,000 senior secured term loan facility (Term B-5 Loans), LIBOR (with a floor of 0.75%) plus 2.50%, matures on November 17, 2024	$	1,108,913		$	—
$1,200,000 senior secured term loan facility (Term B-4 Loans), LIBOR (with a floor of 0.75%) plus 2.75%, matures on August 13, 2021		—			1,112,044
$600,000 ABL senior secured revolving facility, LIBOR plus spread based on average outstanding balance, matures on August 13, 2019		—			—
Capital lease obligations		21,931			23,643
Unamortized deferred financing costs		(3,872	)		(5,206	)
Total debt		1,126,972			1,130,481
Less: current maturities		(13,164	)		(1,638	)
Long term debt, net of current maturities	$	1,113,808		$	1,128,843

Term Loan Facility

On February 24, 2011, the Company entered into a $1.0 billion senior secured term loan facility (the Term Loan Facility). The Term Loan Facility was issued pursuant to a credit agreement (Term Loan Credit Agreement), dated February 24, 2011, among BCFWC, the guarantors signatory thereto, and JPMorgan Chase Bank, N.A., as administrative agent and as collateral agent, the lenders party thereto, J.P. Morgan Securities LLC and Goldman Sachs Lending Partners LLC, as joint bookrunners, and J.P. Morgan Securities LLC, Goldman Sachs Lending Partners LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and Wells Fargo Securities, LLC, as joint arrangers, governing the terms of the Term Loan Facility.

During Fiscal 2015, the Company prepaid $50.0 million on the Term Loan Facility. In accordance with ASC Topic No. 470-50, “Debt Modifications and Extinguishments” (Topic No. 470), the Company recognized losses on the extinguishment of debt of $0.6 million, which was recorded in the line item “Loss on extinguishment of debt” in the Company’s Consolidated Statements of Income.

On July 29, 2016, BCFWC entered into Amendment No. 5 (the Fifth Amendment) to the Term Loan Credit Agreement governing its Term Loan Facility. The Fifth Amendment, among other things, reduced the interest rate margins applicable to the Term Loan Facility from 2.25% to 1.75% in the case of prime rate loans, and from 3.25% to 2.75% in the case of LIBOR loans, with the LIBOR floor being reduced from 1.00% to 0.75%. The Fifth Amendment was accomplished by replacing the outstanding $1,117.0 million principal amount of Term B-3 Loans with a like aggregate principal amount of Term B-4 Loans. The Term B-4 Loans outstanding under the Term Loan Facility mature on August 13, 2021. In accordance with Topic No. 470, the Company recognized a non-cash loss on the extinguishment of debt of $3.8 million, representing the write-off of $2.5 million and $1.3 million in deferred financing costs and unamortized original issue discount, respectively, which was recorded in the line item “Loss on extinguishment of debt” in the Company’s Consolidated Statements of Income. Also in connection with the Fifth Amendment, the Company incurred fees of $1.3 million, primarily related to legal and placement fees, which were recorded in the line item “Costs related to debt amendments and secondary offering” in the Company’s Consolidated Statements of Income.

On November 17, 2017, BCFWC entered into Amendment No. 6 (the Sixth Amendment) to the Term Loan Credit Agreement governing its Term Loan Facility. The Sixth Amendment, among other things, reduced the interest rate margins applicable to the Term Loan Facility from 1.75% to 1.50% in the case of prime rate loans, and from 2.75% to 2.50% in the case of LIBOR loans, with the LIBOR floor continuing to be 0.75%. The Sixth Amendment also extended the maturity date from August 13, 2021 to November 17, 2024. The Sixth Amendment was accomplished by replacing the outstanding $1,117.0 million principal amount of Term B-4 Loans with a like aggregate principal amount of Term B-5 Loans. In accordance with Topic No. 470, the Company recognized a non-cash loss on the extinguishment of debt of $2.9 million, representing the write-off of $1.5 million and $1.4 million in deferred financing costs and unamortized original issue discount, respectively, which was recorded in the line item “Loss on extinguishment of debt” in the Company’s Consolidated Statements of Income. Also in connection with the Sixth Amendment, the Company incurred fees of $2.3 million, primarily related to legal and placement fees, which were recorded in the line item “Costs related to debt amendments and secondary offering” in the Company’s Consolidated Statements of Income.

The Term Loan Facility is collateralized by a first lien on our favorable leases, real estate and property & equipment and a second lien on our inventory and receivables. Interest rates for the Term Loan Facility are based on: (i) for LIBOR rate loans for any interest period, at a rate per annum equal to the greater of (x) the LIBOR rate, as determined by the Term Loan Facility Administrative Agent, for such interest period multiplied by the Statutory Reserve Rate (as defined in the Term Loan Credit Agreement), and (y) 0.75% (the Term Loan Adjusted LIBOR Rate), plus an applicable margin; and (ii) for prime rate loans, a rate per annum equal to the highest of (a) the variable annual rate of interest then announced by JPMorgan Chase Bank, N.A. at its head office as its “prime rate,” (b) the federal reserve bank of New York rate in effect on such date plus 0.50% per annum, and (c) the Term Loan Adjusted LIBOR Rate for the applicable class of term loans for one-month plus 1.00%, plus, in each case, an applicable margin. As of February 3, 2018, the Company’s borrowing rate related to the Term Loan Facility was 4.06%.

ABL Line of Credit

The ABL Line of Credit matures on August 13, 2019. The aggregate amount of commitments under the Second Amended and Restated Credit Agreement (as amended, supplemented and otherwise modified, the Amended ABL Credit Agreement) is $600.0 million (subject to a borrowing base limitation) and, subject to the satisfaction of certain conditions, the Company can increase the aggregate amount of commitments up to $900.0 million. The interest rate margin applicable under the Amended ABL Credit Agreement in the case of loans drawn at LIBOR is 1.25% - 1.50% (based on total commitments or borrowing base availability), and the fee on the average daily balance of unused loan commitments is 0.25%. The ABL Line of Credit is collateralized by a first lien on the Company’s inventory and receivables and a second lien on the Company’s real estate and property and equipment.

The Company believes that the Amended ABL Credit Agreement provides the liquidity and flexibility to meet its operating and capital requirements over the remaining term of the ABL Line of Credit. Further, the calculation of the borrowing base under the Amended ABL Credit Agreement has been amended to allow for increased availability, particularly during the September 1st through December 15th period of each year.

At February 3, 2018, the Company had $455.8 million available under the Amended ABL Line of Credit. The maximum borrowings under the facility during Fiscal 2017 amounted to $235.5 million. Average borrowings during Fiscal 2017 amounted to $71.0 million at an average interest rate of 2.7%.

At January 28, 2017, the Company had $427.8 million available under the Amended ABL Line of Credit and no outstanding borrowings. The maximum borrowings under the facility during Fiscal 2016 amounted to $350.0 million. Average borrowings during Fiscal 2016 amounted to $173.9 million at an average interest rate of 1.8%.

Deferred Financing Costs

The Company had $2.1 million and $3.6 million in deferred financing costs associated with its ABL Line of Credit and interest rate cap contracts recorded in the line item “Other assets” in the Company’s Consolidated Balance Sheets as of February 3, 2018 and January 28, 2017, respectively. In addition, The Company had $3.9 million and $5.2 million of deferred financing costs associated with its Term Loan Facility recorded in the line item “Long term debt” in the Company’s Consolidated Balance Sheets as of February 3, 2018 and January 28, 2017, respectively.

Amortization of deferred financing costs amounted to $2.5 million, $2.7 million and $2.9 million during Fiscal 2017, Fiscal 2016 and Fiscal 2015, respectively, which was included in the line item “Interest expense” in the Company’s Consolidated Statements of Income. During Fiscal 2017, the Company incurred new deferred financing costs of $1.2 million and wrote-off $1.5 million of deferred financing costs as a result of the Sixth Amendment.

Amortization expense related to the deferred financing costs as of February 3, 2018 for each of the next five fiscal years and thereafter is estimated to be as follows:

Fiscal Years	(in thousands)
2018	$	2,004
2019		1,316
2020		574
2021		568
2022		562
Thereafter		1,003
Total	$	6,027

Deferred financing costs have a weighted average amortization period of approximately 4.9 years.

Scheduled Maturities

Scheduled maturities of the Company’s long term debt and capital lease obligations, as they exist as of February 3, 2018, in each of the next five fiscal years and thereafter are as follows:

	(in thousands)
	Long- Term Debt			Capital Lease Obligations			Total
Fiscal Years:
2018	$	11,170		$	1,994		$	13,164
2019		11,170			2,139			13,309
2020		11,170			2,179			13,349
2021		11,170			2,607			13,777
2022		11,170			3,008			14,178
Thereafter		1,058,358			10,004			1,068,362
Total		1,114,208			21,931			1,136,139
Less: unamortized discount		(5,295	)		—			(5,295	)
Less: unamortized deferred financing costs		(3,872	)		—			(3,872	)
Total		1,105,041			21,931			1,126,972
Less: current portion		(11,170	)		(1,994	)		(13,164	)
Long term debt	$	1,093,871		$	19,937		$	1,113,808

The capital lease obligations noted above are exclusive of interest charges of $2.0 million, $1.9 million, $1.5 million, $1.4 million, $1.1 million and $1.7 million for the fiscal years ending February 2, 2019, February 1, 2020, January 30, 2021, January 29, 2022, February 4, 2023 and thereafter, respectively.

Derivative Instruments and Hedging Activities

12 Months Ended

Feb. 03, 2018

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Derivative Instruments and Hedging Activities

8. Derivative Instruments and Hedging Activities

The Company accounts for derivatives and hedging activities in accordance with ASC Topic No. 815 “Derivatives and Hedging” (Topic No. 815). Topic No. 815 provides the disclosure requirements for derivatives and hedging activities with the intent to provide users of financial statements with an enhanced understanding of: (i) how and why an entity uses derivative instruments, (ii) how the entity accounts for derivative instruments and related hedged items, and (iii) how derivative instruments and related hedged items affect an entity’s financial position, financial performance, and cash flows. Further, qualitative disclosures are required that explain the Company’s objectives and strategies for using derivatives, as well as quantitative disclosures about the fair value of gains and losses on derivative instruments, and disclosures about credit-risk-related contingent features in derivative instruments.

As required by Topic No. 815, the Company records all derivatives on the balance sheet at fair value and adjusts them to market on a quarterly basis. The accounting for changes in the fair value of derivatives depends on the intended use of the derivative, whether the Company has elected to designate a derivative in a hedging relationship and apply hedge accounting, and whether the hedging relationship has satisfied the criteria necessary to apply hedge accounting. Derivatives designated and qualifying as a hedge of the exposure to variability in expected future cash flows, or other types of forecasted transactions, are considered cash flow hedges. Hedge accounting generally provides for the matching of the timing of gain or loss recognition on the hedging instrument with the earnings effect of the hedged forecasted transactions in a cash flow hedge. The Company may enter into derivative contracts that are intended to economically hedge certain of its risk, even though hedge accounting does not apply or the Company elects not to apply hedge accounting.

The Company uses interest rate cap contracts to manage interest rate risk. The fair value of the Company’s interest rate cap contracts is determined using the market standard methodology of discounted future variable cash flows. The variable cash flows are determined using the market standard methodology of discounting the future expected cash receipts that would occur if variable interest rates rise above the strike rate of the caps in conjunction with the cash payments related to financing the premium of the interest rate caps. The variable interest rates used in the calculation of projected receipts on the cap are based on an expectation of future interest rates derived from observable market interest rate curves and volatilities. In addition, to comply with the provisions of Topic No. 820, credit valuation adjustments, which consider the impact of any credit enhancements to the contracts, are incorporated in the fair values to account for potential nonperformance risk. In adjusting the fair value of its derivative contracts for the effect of nonperformance risk, the Company has considered any applicable credit enhancements such as collateral postings, thresholds, mutual puts, and guarantees.

In accordance with Topic No. 820, the Company made an accounting policy election to measure the credit risk of its derivative financial instruments that are subject to master netting agreements on a net basis by counterparty portfolio. There is no impact of netting because the Company’s only derivatives are interest rate cap contracts that are with separate counterparties and are under separate master netting agreements.

Although the Company has determined that the majority of the inputs used to value its derivatives fall within Level 2 of the fair value hierarchy, the credit valuation adjustments associated with its derivatives utilize Level 3 inputs, such as estimates of current credit spreads to evaluate the likelihood of default by the Company and its counterparties. However, as of February 3, 2018 and January 28, 2017, the Company has assessed the significance of the impact of the credit valuation adjustments on the overall valuation of its derivative positions and has determined that the credit valuation adjustment is not significant to the overall valuation of its derivative portfolios. As a result, the Company classifies its derivative valuations in Level 2 of the fair value hierarchy.

The Company is exposed to certain risks arising from both its business operations and economic conditions. The Company principally manages its exposures to a wide variety of business and operational risks through management of its core business activities. The Company manages economic risks, including interest rate, liquidity, and credit risk primarily by managing the amount, sources, and duration of its debt funding and the use of derivative financial instruments. Specifically, the Company enters into derivative financial instruments to manage exposures that arise from business activities that result in the payment of future known and uncertain cash amounts, the value of which are determined by interest rates. The Company uses derivative financial instruments to manage differences in the amount, timing, and duration of the Company’s known or expected cash payments principally related to the Company’s borrowings.

Cash Flow Hedges of Interest Rate Risk

The Company uses interest rate derivatives to add stability to interest expense and to manage its exposure to interest rate movements. To accomplish this objective, the Company primarily uses interest rate caps as part of its interest rate risk management strategy. Interest rate caps designated as cash flow hedges involve the receipt of variable amounts from a counterparty if interest rates rise above the strike rate on the contract.

In April 2015, the Company terminated and sold four interest rate cap contracts, which were designated as cash flow hedges. As a result, the Company recorded a $2.0 million unrealized loss, which was recorded in accumulated other comprehensive loss. The Company will amortize this loss from accumulated other comprehensive loss into interest expense over the original life of each respective cap through April 2019.

Also on April 24, 2015, the Company entered into two new interest rate cap contracts, which were designated as cash flow hedges. The Company financed the cost of these interest rate cap contracts, which will be amortized through the life of the caps. During Fiscal 2017, Fiscal 2016 and Fiscal 2015, the Company paid $4.3 million, $4.9 million and $3.5 million, respectively, related to the financing of these interest rate cap contracts, which was included in the line item “Other” in the financing section of the Company’s Consolidated Statements of Cash Flows.

During Fiscal 2017, the Company’s derivatives were used to hedge the variable cash flows associated with existing (or anticipated) variable-rate debt. The effective portion of changes in the fair value of derivatives designated and that qualify as cash flow hedges are recorded in the line item “Accumulated other comprehensive loss” on the Company’s Consolidated Balance Sheets and are subsequently reclassified into earnings in the period that the hedged forecasted transaction affects earnings. Amounts reported in accumulated other comprehensive loss related to the Company’s interest rate cap contracts will be reclassified to interest expense as interest payments are made on the Company’s variable-rate debt. As of February 3, 2018, the Company estimates that approximately $2.8 million will be reclassified into interest expense during the next twelve months.

The ineffective portion of the change in fair value of the derivatives is recognized directly in earnings. The Company did not record any hedge ineffectiveness in its earnings during Fiscal 2017, Fiscal 2016 or Fiscal 2015.

As of February 3, 2018, the Company had the following outstanding interest rate derivatives that were designated as cash flow hedges of interest rate risk:

Interest Rate Derivative

Number of

Instruments

Notional Aggregate

Principal Amount

Interest

Cap Rate

Maturity Date

Interest rate cap contracts

Two

$ 800.0 million

1.0%

May 31, 2019

Tabular Disclosure

The tables below present the fair value of the Company’s derivative financial instruments on a gross basis, as well as their classification on the Company’s Consolidated Balance Sheets:

(in thousands)

Fair Values of Derivative Instruments

Asset Derivatives

February 3, 2018

January 28, 2017

Derivatives Designated as Hedging Instruments

Balance

Sheet

Location

Fair

Value

Balance

Sheet

Location

Fair

Value

Interest rate cap contracts

Other assets

4,543

N/A

—

(in thousands)

Fair Values of Derivative Instruments

Liability Derivatives

February 3, 2018

January 28, 2017

Derivatives Designated as Hedging Instruments

Balance

Sheet

Location

Fair

Value

Balance

Sheet

Location

Fair

Value

Interest rate cap contracts

N/A

—

Other liabilities

3,183

The following table presents the unrealized gains (losses) deferred to accumulated other comprehensive loss resulting from the Company’s derivative instruments designated as cash flow hedging instruments for each of the reporting periods.

	(in thousands)
	Fiscal Year Ended
Interest Rate Cap Contracts:	February 3, 2018			January 28, 2017			January 30, 2016
Unrealized gains (losses), before taxes	$	3,460		$	365		$	(12,367	)
Income tax (expense) benefit		(1,718	)		(145	)		4,947
Unrealized gains (losses), net of taxes	$	1,742		$	220		$	(7,420	)

The following table presents information about the reclassification of losses from accumulated other comprehensive loss into earnings related to the Company’s derivative instruments designated as cash flow hedging instruments for each of the reporting periods.

	(in thousands)
	Fiscal Year Ended
Component of Earnings:	February 3, 2018			January 28, 2017			January 30, 2016
Interest expense	$	5,931		$	2,622		$	287
Income tax expense		(2,369	)		(1,041	)		(115	)
Net income	$	3,562		$	1,581		$	172

Accumulated Other Comprehensive Loss

12 Months Ended

Feb. 03, 2018

Equity [Abstract]

Accumulated Other Comprehensive Loss

9. Accumulated Other Comprehensive Loss

Amounts included in accumulated other comprehensive loss are recorded net of the related income tax effects. The table below details the changes in accumulated other comprehensive loss for Fiscal 2017 and Fiscal 2016.

	(in thousands)
	Derivative Instruments
Balance at January 30, 2016	$	(8,992	)
Unrealized losses, net of related taxes of $0.1 million		220
Amount reclassified into earnings, net of related taxes of $1.0 million		1,581
Balance at January 28, 2017	$	(7,191	)
Unrealized gains, net of related taxes of $1.4 million		1,742
Amount reclassified into earnings, net of related taxes of $2.4 million		3,562
Balance at February 3, 2018	$	(1,887	)

Capital Stock	12 Months Ended
Capital Stock	Feb. 03, 2018
Capital Stock [Abstract]
Capital Stock	10. Capital Stock Common Stock As of February 3, 2018, the total amount of the Company’s authorized capital stock consisted of 500,000,000 shares of common stock, par value $0.0001 per share, and 50,000,000 shares of undesignated preferred stock, par value of $0.0001 per share. The Company’s common stock is not entitled to preemptive or other similar subscription rights to purchase any of the Company’s securities. The Company’s common stock is neither convertible nor redeemable. Unless the Company’s Board of Directors determines otherwise, the Company will issue all of the Company’s capital stock in uncertificated form. Preferred Stock The Company does not have any shares of preferred stock issued or outstanding. The Company’s Board of Directors has the authority to issue shares of preferred stock from time to time on terms it may determine, to divide shares of preferred stock into one or more series and to fix the designations, preferences, privileges, and restrictions of preferred stock, including dividend rights, conversion rights, voting rights, terms of redemption, liquidation preference, sinking fund terms, and the number of shares constituting any series or the designation of any series to the fullest extent permitted by the General Corporation Law of the State of Delaware. The issuance of the Company’s preferred stock could have the effect of decreasing the trading price of the Company’s common stock, restricting dividends on the Company’s capital stock, diluting the voting power of the Company’s common stock, impairing the liquidation rights of the Company’s capital stock, or delaying or preventing a change in control of the Company. Dividend Rights Each holder of shares of the Company’s capital stock will be entitled to receive such dividends and other distributions in cash, stock or property as may be declared by the Company’s Board of Directors from time to time out of the Company’s assets or funds legally available for dividends or other distributions. These rights are subject to the preferential rights of any other class or series of the Company’s preferred stock. Treasury Stock The Company accounts for treasury stock under the cost method. During Fiscal 2017, the Company acquired 70,291 shares of common stock from employees for approximately $7.3 million to satisfy their minimum statutory tax withholdings related to the vesting of restricted stock awards. Share Repurchase Programs On November 24, 2015, the Company announced that its Board of Directors had authorized the repurchase of up to $200 million of the Company’s common stock, which the Company completed during Fiscal 2016. On November 15, 2016, the Company’s Board of Directors authorized the repurchase of up to an additional $200 million of the Company’s common stock, which the Company completed during the third quarter of Fiscal 2017. On August 16, 2017, the Company’s Board of Directors approved the repurchase of up to an additional $300 million of the Company’s common stock. This new repurchase program is authorized to be executed through August 2019 and is funded using the Company’s available cash and borrowings on the ABL Line of Credit. During Fiscal 2017, the Company repurchased 3,006,720 shares of common stock for $282.5 million under its share repurchase programs. As of February 3, 2018, the Company had $217.2 million available for purchase under its share repurchase program.

Net Income Per Share

12 Months Ended

Feb. 03, 2018

Earnings Per Share [Abstract]

Net Income Per Share

11. Net Income Per Share

Basic net income per share is calculated by dividing net income by the weighted-average number of common shares outstanding. Dilutive net income per share is calculated by dividing net income by the weighted-average number of common shares and potentially dilutive securities outstanding during the period using the treasury stock method.

	(in thousands, except per share data)
	Fiscal Year Ended
	February 3,		January 28,		January 30,
	2018		2017		2016
	(53 Weeks)
Basic net income per share
Net income	$	384,852	$	215,873	$	150,482
Weighted average number of common shares – basic		68,286		70,480		74,111
Net income per common share – basic	$	5.64	$	3.06	$	2.03
Diluted net income per share
Net income	$	384,852	$	215,873	$	150,482
Shares for basic and diluted net income per share:
Weighted average number of common shares – basic		68,286		70,480		74,111
Assumed exercise of stock options and vesting of restricted stock		2,002		1,241		1,332
Weighted average number of common shares – diluted		70,288		71,721		75,443
Net income per common share – diluted	$	5.48	$	3.01	$	1.99

Approximately 150,000 shares, less than 100,000 shares and approximately 115,000 shares were excluded from diluted net income per share for Fiscal 2017, Fiscal 2016 and Fiscal 2015, respectively, since their effect was anti-dilutive.

Stock-Based Compensation

12 Months Ended

Feb. 03, 2018

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

Stock-Based Compensation

12. Stock-Based Compensation

On May 1, 2013, the Company’s Board of Directors approved the Company’s assumption and adoption of the 2006 Management Incentive Plan (the 2006 Plan) that was previously sponsored by Burlington Coat Factory Holdings, LLC. The 2006 Plan terminated on April 12, 2016. The Company’s 2013 Omnibus Incentive Plan (the 2013 Plan and, together with the 2006 Plan, the Plans), originally adopted effective prior to and in connection with the Company’s initial public offering, was amended and restated effective May 17, 2017. The 2006 Plan, prior to its termination, and the 2013 Plan provide for the granting of stock options, restricted stock and other forms of awards to key employees and directors of the Company or its affiliates.

The Company accounts for awards issued under the Plans in accordance with Topic No. 718. As of February 3, 2018, there were 4,968,793 shares of common stock available for issuance under the 2013 Plan.

Stock Options

Options granted during Fiscal 2017, Fiscal 2016 and Fiscal 2015 were all service-based awards granted under the Plans at the following exercise prices:

	Exercise Price Ranges
	From		To
Fiscal 2017	$	80.91	$	110.50
Fiscal 2016	$	54.11	$	83.83
Fiscal 2015	$	45.78	$	55.75

All awards granted during Fiscal 2017, Fiscal 2016 and Fiscal 2015 vest 25% on each of the first four anniversaries of the grant date. The final exercise date for any option granted is the tenth anniversary of the grant date. With the exception of a special one-time grant of options to purchase shares of common stock to certain members of management made during Fiscal 2013, all options awarded prior to Fiscal 2016 become immediately exercisable upon a change of control; options awarded after Fiscal 2015 become exercisable if the grantee’s employment is terminated without cause or, in some instances, the recipient resigns with good reason, within a certain period of time following a change in control. The vesting of the special one-time grants will not be accelerated in the event of a change of control, provided, however, that in the event that within two years after a change of control, the grantee’s employment is terminated without cause or, in some instances, the grantee resigns with good reason, then an incremental 20% of the special one-time grants shall be deemed vested as of the date of termination of grantee’s employment, but in no event more than the total number of the special one-time grants granted to such grantee. Unless determined otherwise by the plan administrator, upon cessation of employment other than for cause, the majority of options that have not vested will terminate immediately (subject to the potential acceleration of special one-time grants in the event of a change of control, as described above) and unexercised vested options will be exercisable for a period of 60 days.

In May 2013, the Company’s Board of Directors approved a modification to all then outstanding options. The modification, through a combination of either reduced exercise prices or cash payments, did not affect the existing vesting schedules. The modification resulted in a total of $0.1 million, $0.6 million and $1.4 million of incremental compensation expense during Fiscal 2017, Fiscal 2016 and Fiscal 2015, respectively, of which less than $0.1 million, $0.1 million and $0.3 million, respectively, are payable in cash. These costs were recorded in the line item “Stock option modification expense” in the Company’s Consolidated Statements of Income. As of February 3, 2018, the Company does not expect to recognize any additional compensation expense related to the modification.

Non-cash stock compensation expense is as follows:

	(in thousands)
	Fiscal Year Ended
	February 3,		January 28,		January 30,
Type of Non-Cash Stock Compensation	2018		2017		2016
Restricted stock grants (a)	$	15,864	$	8,816	$	6,136
Stock option grants (a)		11,039		6,636		3,920
Stock option modification (b)		131		501		1,105
Total (c)	$	27,034	$	15,953	$	11,161

(a)	Included in the line item “Selling, general and administrative expenses” in the Company’s Consolidated Statements of Income.

(b)	Represents non-cash compensation related to the May 2013 stock option modification as discussed above. Amounts are included in the line item “Stock option modification expense” in the Company’s Consolidated Statements of Income.

(c)	The amounts presented in the table above exclude the effect of income taxes. The tax benefit related to the Company’s non-cash stock compensation was $2.8 million, $5.6 million and $4.1 million during Fiscal 2017, Fiscal 2016 and Fiscal 2015, respectively.

As of February 3, 2018, the Company had 2,579,831 options outstanding to purchase shares of common stock, and there was $29.0 million of unearned non-cash stock-based option compensation that the Company expects to recognize as expense over a weighted average period of 2.8 years. The awards are expensed on a straight-line basis over the requisite service period.

Stock option transactions during Fiscal 2017 are summarized as follows:

	Number of Shares			Weighted Average Exercise Price Per Share
Options outstanding, January 28, 2017		2,646,123		$	22.41
Options granted		599,975			97.11
Options exercised (a)		(568,675	)		16.13
Options forfeited		(97,592	)		58.62
Options outstanding, February 3, 2018		2,579,831		$	39.79

(a)	Options exercised during Fiscal 2017 had a total intrinsic value of $46.3 million.

The following table summarizes information about the options outstanding and exercisable as of February 3, 2018:

	Options Outstanding				Options Exercisable
Exercise Prices	Number Outstanding at February 3, 2018		Weighted Average Remaining Contractual Life (Years)		Number Exercisable at February 3, 2018		Weighted Average Remaining Contractual Life (Years)
$0.79 - $5.02		1,203,550		5.2		439,050		4.9
$26.96+		1,376,281		8.3		226,788		7.4
		2,579,831				665,838

The following table summarizes information about the stock options vested and expected to vest during the contractual term:

Options

Weighted

Average

Remaining

Contractual

Life (Years)

Weighted

Average

Exercise

Price

Aggregate

Intrinsic

Value

(in millions)

Vested and expected to vest

2,579,831

6.9

39.79

196.0

The fair value of each stock option granted was estimated on the date of grant using the Monte Carlo Simulation option pricing model prior to the date of the Company’s initial public offering and the Black Scholes option pricing model subsequent to the date of the initial public offering. The fair value of each stock option granted during Fiscal 2017 was estimated using the following assumptions:

	Fiscal Year Ended
	February 3,
	2018
Risk-free interest rate	1.43% - 2.13%
Expected volatility	34% - 37%
Expected life (years)	6.15 - 6.25
Contractual life (years)		10.0
Expected dividend yield		0.0%
Weighted average grant date fair value of options issued	$	36.33

The expected dividend yield was based on the Company’s expectation of not paying dividends in the foreseeable future. Since the Company completed its initial public offering in October 2013, it does not have sufficient history as a publicly traded company to evaluate its volatility factor. As such, the expected stock price volatility is based upon the historical volatility of the stock price over the expected life of the options of peer companies that are publicly traded. The risk free interest rate was based on the U.S. Treasury rates for U.S. Treasury zero-coupon bonds with maturities similar to those of the expected term of the awards being valued. For grants issued during Fiscal 2017, Fiscal 2016 and Fiscal 2015, the expected life of the options was calculated using the simplified method, which defines the life as the average of the contractual term of the options and the weighted average vesting period for all option tranches. This methodology was utilized due to the short length of time our common stock has been publicly traded.

Restricted Stock Awards

Restricted stock awards granted during Fiscal 2017 were all service-based awards. The fair value of each share of restricted stock granted during Fiscal 2017 was based upon (a) the closing price of the Company’s common stock on the date prior to the grant date for grants made before May 17, 2017 (the day on which the Company’s stockholders approved the amended plan) and (b) the closing price of the Company’s common stock on the grant date for grants made from and after May 17, 2017. As of February 3, 2018, the Company had 225,000 awards outstanding that cliff vest at the end of the service periods ranging from three years to five years from the grant date. The remaining awards outstanding as of February 3, 2018 have graded vesting provisions that generally vest in quarters over a four-year-period, or in thirds over a three-year period (for non-employee members of the Company’s Board of Directors), starting one year after the grant date. Following a change of control, all unvested shares of restricted stock shall remain unvested, provided, however, that 100% of such shares shall vest if, following such change of control, the employment of the recipient is terminated without cause or, in some instances, the recipient resigns with good reason, within a certain period of time following a change in control.

As of February 3, 2018, there was approximately $36.9 million of unearned non-cash stock-based compensation that the Company expects to recognize as an expense over the next 2.6 years. The awards are expensed on a straight-line basis over the requisite service periods.

Award grant, vesting and forfeiture transactions during Fiscal 2017 are summarized as follows:

	Number of Shares			Weighted Average Grant Date Fair Value Per Awards
Non-vested awards outstanding, January 28, 2017		744,634		$	54.28
Awards granted		232,611			95.17
Awards vested (a)		(195,088	)		52.79
Awards forfeited		(33,263	)		63.53
Non-vested awards outstanding, February 3, 2018		748,894			66.99

(a)

Restricted stock awards vested during Fiscal 2017 had a total intrinsic value of $20.2 million.

Lease Commitments

12 Months Ended

Feb. 03, 2018

Leases [Abstract]

Lease Commitments

13. Lease Commitments

The Company leases stores, distribution facilities and office space under operating and capital leases that will expire principally during the next thirty years. The leases typically include renewal options and escalation clauses and provide for contingent rentals based on a percentage of gross sales.

The following is a schedule of future minimum lease payments having an initial or remaining term in excess of one year:

	(in thousands)
Fiscal Year	Operating Leases(a)		Capital Leases
2018	$	349,994	$	4,036
2019		363,038		3,994
2020		341,244		3,687
2021		317,898		4,020
2022		299,601		4,147
Thereafter		1,320,174		11,632
Total minimum lease payments		2,991,949		31,516
Amount representing interest		—		(9,585	)
Total future minimum lease payments	$	2,991,949	$	21,931

(a)	Total future minimum lease payments include $287.9 million related to options to extend lease terms that are reasonably assured of being exercised and $530.0 million of minimum lease payments for 67 stores that the Company has committed to open or relocate.

The above schedule of future minimum lease payments has not been reduced by future minimum sublease rental income of $34.2 million relating to operating leases under non-cancelable subleases and other contingent rental agreements.

The following is a schedule of net rent expense for Fiscal 2017, Fiscal 2016 and Fiscal 2015:

	(in thousands)
	Year Ended
	February 3, 2018			January 28, 2017			January 30, 2016
Rent expense:
Minimum rental payments	$	340,979		$	310,332		$	289,169
Contingent rental payments		4,734			4,424			3,961
Straight-line rent expense		7,543			2,172			2,987
Lease incentives amortization		(32,618	)		(32,112	)		(28,905	)
Amortization of purchased lease rights		499			680			682
Total rent expense(a)		321,137			285,496			267,894
Less all rental income(b)		(6,846	)		(7,167	)		(14,589	)
Total net rent expense	$	314,291		$	278,329		$	253,305

(a)	Included in the line item “Selling, general and administrative expenses” in the Company’s Consolidated Statements of Income.

(b)	Included in the line item “Other revenue” in the Company’s Consolidated Statements of Income.

Employee Retirement Plans	12 Months Ended
Employee Retirement Plans	Feb. 03, 2018
Postemployment Benefits [Abstract]
Employee Retirement Plans	14. Employee Retirement Plans The Company maintains separate defined contribution 401(k) retirement savings and profit-sharing plans covering employees in the United States and Puerto Rico who meet specified age and service requirements. The discretionary profit sharing component (which the Company has not utilized since 2005 and has no current plans to utilize) is entirely funded by the Company, and the Company also makes additional matching contributions to the 401(k) component of the plans. Participating employees can voluntarily elect to contribute a percentage of their earnings to the 401(k) component of the plans (up to certain prescribed limits) through a cash or deferred (salary deferral) feature qualifying under Section 401(k) of the Internal Revenue Code (401(k) Plan). The Company recorded $8.4 million, $7.4 million and $7.1 million of 401(k) Plan match expense for the plan years ending December 31, 2017, December 31, 2016 and December 31, 2015, respectively, and are included in the line item “Selling, general and administrative expenses” on the Company’s Consolidated Statements of Income.

Income Taxes

12 Months Ended

Feb. 03, 2018

Income Tax Disclosure [Abstract]

Income Taxes

15. Income Taxes

Income before income taxes was as follows for Fiscal 2017, Fiscal 2016 and Fiscal 2015:

	(in thousands)
	Year Ended
	February 3, 2018			January 28, 2017		January 30, 2016
Domestic	$	429,939		$	330,106	$	241,112
Foreign		(959	)		3,106		(2,236	)
Total income before income taxes	$	428,980		$	333,212	$	238,876

Income tax expense was as follows for Fiscal 2017, Fiscal 2016 and Fiscal 2015:

	(in thousands)
	Year Ended
	February 3, 2018			January 28, 2017			January 30, 2016
Current:
Federal	$	65,824		$	104,934		$	71,441
State		8,824			14,957			11,044
Foreign		207			367			—
Subtotal		74,855			120,258			82,485
Deferred:
Federal		(40,839	)		1,655			6,452
State		9,091			3,399			(543	)
Foreign		1,021			(7,973	)		—
Subtotal		(30,727	)		(2,919	)		5,909
Total Income Tax Expense	$	44,128		$	117,339		$	88,394

The tax rate reconciliations were as follows for Fiscal 2017, Fiscal 2016 and Fiscal 2015:

	Fiscal Year Ended
	February 3, 2018			January 28, 2017			January 30, 2016
Tax at statutory rate		33.7	%		35.0	%		35.0	%
State income taxes, net of federal		3.0			3.0			3.0
Excess tax benefit from stock compensation		(4.4	)		-			-
Tax credits		(1.4	)		(1.7	)		(2.1	)
Impact of federal tax reform		(21.1	)		-			-
Other		0.5			(1.1	)		1.1
Effective tax rate		10.3	%		35.2	%		37.0	%

The decrease in the effective tax rate was primarily the result of the impact of federal tax reform and the inclusion of excess tax benefits from stock compensation within the tax provision upon our adoption of ASU 2016-09 in the first quarter of 2017.

The 2017 U.S. Tax Cuts and Jobs Act of 2017 (Tax Act) was signed into law on December 22, 2017. The Tax Act significantly revises the U.S. corporate income tax by, among other things, lowering the statutory corporate income tax rate from 35% to 21%, eliminating or limiting certain deductions, and enhancing and extending through 2026 the option to claim accelerated depreciation on qualified property. The change reduced the Company’s effective tax rate by 21.1% for Fiscal 2017, primarily due to a one-time incremental benefit of approximately $93 million from remeasurement of net deferred tax positions to reflect the reduction in corporate tax rate from 35% to 21%. The provisional remeasurement amount may change as data becomes available allowing more accurate scheduling of the deferred tax assets and liabilities, primarily related to depreciable assets, inventory and occupancy costs.

Additionally on December 22, 2017, the Securities and Exchange Commission staff issued Staff Accounting Bulletin No. 118, which addresses how a company recognizes provisional amounts when a company does not have the necessary information available, prepared or analyzed (including computations) in reasonable detail to complete its accounting for the effect of the changes in the Tax Act. The measurement period ends when a company has obtained, prepared and analyzed the information necessary to finalize its accounting, but cannot extend beyond one year. As such, the Company is reporting the impacts of the Tax Act provisionally based upon reasonable estimates. The impacts are not yet finalized as they are dependent on factors and analysis not yet known or fully completed, including but not limited to, depreciation, additional effect of the rate change on the ending deferred balances and the issuance of additional guidance, as well as our ongoing analysis of the Tax Act.

Our Fiscal 2016 effective tax rate was lower than Fiscal 2015 primarily due to a one-time benefit recorded from release of valuation allowance on foreign deferred tax assets.

The tax effects of temporary differences are included in deferred tax accounts as follows:

	(in thousands)
	February 3, 2018					January 28, 2017
	Tax Assets			Tax Liabilities		Tax Assets			Tax Liabilities
Non-current deferred tax assets and liabilities:
Property and equipment basis adjustments	$	—		$	132,793	$	—		$	178,017
Deferred rent		18,926			—		36,529			—
Intangibles—long-lived		—			48,397		—			83,499
Intangibles—indefinite-lived		—			65,748		—			94,624
Incidental supplies		—			10,207		—			13,744
Employee benefit compensation		13,071			—		26,665			—
State net operating losses (net of federal benefit)		12,760			—		9,096			—
Inventory costs and reserves capitalized for tax purposes		7,069			—		11,869			—
Landlord allowances		30,057			—		40,699			—
Reserves		7,407			—		34,267			—
Tax credits		5,126			—		4,480			—
Other		—			1,429		13,705			—
Valuation allowance		(8,376	)		—		(7,388	)		—
Total non-current deferred tax assets and liabilities	$	86,040		$	258,574	$	169,922		$	369,884
Net deferred tax liability				$	172,534				$	199,962

The reduction in deferred tax liability is primarily driven by the remeasurement of deferred balances based on the reduction of the federal statutory corporate tax rate from 35% to 21% due to the Tax Act.

As of February 3, 2018, the Company has a deferred tax asset related to net operating losses of $12.8 million, inclusive of $10.8 million of state net operating losses which will expire at various dates between 2018 and 2037 and $2.0 million of deferred tax assets recorded for Puerto Rico net operating loss carry-forwards that will begin to expire in 2025. As of February 3, 2018, the Company had tax credit carry-forwards of $5.1 million, inclusive of state tax credit carry-forwards of $3.5 million that will begin to expire in 2022 and $1.6 million of Puerto Rico alternative minimum tax (AMT) credits that have an indefinite life.

As of January 28, 2017, the Company had a deferred tax asset related to net operating losses of $9.1 million, inclusive of $7.0 million of state net operating losses and $2.1 million of deferred tax assets recorded for Puerto Rico net operating loss carry-forwards. As of January 28, 2017, the Company had tax credit carry-forwards of $4.5 million, inclusive of state tax credit carry-forwards of $3.2 million and $1.3 million of Puerto Rico alternative minimum tax (AMT) credits.

We believe that it is more likely than not that the benefit from certain state net operating loss carry forwards and credits will not be realized. In recognition of this risk, we have provided a total valuation allowance of $8.4 million inclusive of $6.0 million of valuation allowance related to state net operating losses and $2.4 million related to tax credit carry-forwards, for the fiscal year ended February 3, 2018. If our assumptions change and we determine we will be able to realize these net operating losses or the credits, the tax benefits relating to any reversal of the valuation allowance on deferred tax assets as of February 3, 2018 will be recorded to the Company’s Consolidated Statement of Income. The total valuation allowance increased by $1.0 million from the prior year which was primarily due to the decrease in federal benefit of state tax expense driven by the Tax Act. For the fiscal year ended January 28, 2017, we provided a total valuation allowance of $7.4 million inclusive of $5.3 million of valuation allowance related to state net operating losses, and $2.1 million related to tax credit carry-forwards.

A reconciliation of the beginning and ending amount of gross unrecognized tax benefits (exclusive of interest and penalties) is as follows:

	(in thousands)
	Gross Unrecognized Tax Benefits, Exclusive of Interest and Penalties
Balance at January 31, 2015	$	11,730
Additions for tax positions of the current year		122
Additions for tax positions of prior years		250
Reduction for tax positions of prior years		(1,524	)
Settlements		—
Lapse of statute of limitations		—
Balance at January 30, 2016	$	10,578
Additions for tax positions of the current year		117
Additions for tax positions of prior years		—
Reduction for tax positions of prior years		(1,270	)
Settlements		—
Lapse of statute of limitations		(232	)
Balance at January 28, 2017	$	9,193
Additions for tax positions of the current year		72
Additions for tax positions of prior years		882
Reduction for tax positions of prior years		(973	)
Settlements		—
Lapse of statute of limitations		(101	)
Balance at February 3, 2018	$	9,073

As of February 3, 2018, the Company reported total unrecognized benefits of $9.1 million, of which $7.2 million would affect the Company’s effective tax rate if recognized. As a result of previous positions taken, the Company recorded an increase of $0.1 million of interest and penalties during Fiscal 2017 in the line item “Income tax expense” in the Company’s Consolidated Statements of Income. Cumulative interest and penalties of $12.1 million are recorded in the line item “Other liabilities” in the Company’s Consolidated Balance Sheets as of February 3, 2018. The Company recognizes interest and penalties related to unrecognized tax benefits as part of income taxes. Within the next twelve months, the Company does not expect any significant changes in its unrecognized tax benefits.

As of January 28, 2017, the Company reported total unrecognized benefits of $9.2 million, of which $6.0 million would affect the Company’s effective tax rate if recognized. As a result of previous positions taken, the Company recorded an increase of $0.4 million of interest and penalties during Fiscal 2016 in the line item “Income tax expense” in the Company’s Consolidated Statements of Income. Cumulative interest and penalties of $13.8 million are recorded in the line item “Other liabilities” in the Company’s Consolidated Balance Sheets as of January 28, 2017.

The Company files tax returns in the U.S. federal jurisdiction, Puerto Rico and various state jurisdictions. The Company is open to examination by the IRS under the applicable statutes of limitations for Fiscal Years 2014 through 2017. The Company or its subsidiaries’ state and Puerto Rico income tax returns are open to audit for Fiscal Years 2012 through 2017, with a few exceptions, under the applicable statutes of limitations. There are ongoing federal and state audits in several jurisdictions, and the Company has accrued for possible exposures as required under Topic No. 740. The Company does not expect the settlement of these audits to have a material impact to its financial results.

Fair Value of Financial Instruments

12 Months Ended

Feb. 03, 2018

Fair Value Disclosures [Abstract]

Fair Value of Financial Instruments

16. Fair Value of Financial Instruments

The Company accounts for fair value measurements in accordance with Topic No. 820 which defines fair value, establishes a framework for measurement and expands disclosure about fair value measurements. Topic No. 820 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 (exit price), and classifies the inputs used to measure fair value into the following hierarchy:

Level 1:		Quoted prices for identical assets or liabilities in active markets.

Level 2:		Quoted market prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; and model-derived valuations whose inputs are observable or whose significant value drivers are observable.

Level 3:		Pricing inputs that are unobservable for the assets and liabilities, and include situations where there is little, if any, market activity for the assets and liabilities.

The inputs into the determination of fair value require significant management judgment or estimation.

The carrying amounts of cash equivalents, accounts receivable and accounts payable approximate fair value due to the short-term nature of these instruments.

Refer to Note 8, “Derivative Instruments and Hedging Activities,” for further discussion regarding the fair value of the Company’s interest rate cap contracts.

Financial Assets

The fair values of the Company’s financial assets and the hierarchy of the level of inputs as of February 3, 2018 and January 28, 2017 are summarized below:

	(in thousands)
	Fair Value Measurements at
	February 3,		January 28,
	2018		2017
Level 1
Cash equivalents (including restricted cash)	$	28,283	$	28,167

Financial Liabilities

The fair values of the Company’s financial liabilities are summarized below:

	(in thousands)
	February 3, 2018				January 28, 2017
	Carrying Amount (a)		Fair Value (a)		Carrying Amount (a)		Fair Value (a)
$1,200,000 senior secured term loan facility (Term B-5 Loans), LIBOR (with a floor of 0.75%) plus 2.50%, matures on November 17, 2024	$	1,108,913	$	1,108,913	$	—	$	—
$1,200,000 senior secured term loan facility (Term B-4 Loans), LIBOR (with a floor of 0.75%) plus 2.75%, matures on August 13, 2021		—		—		1,112,044	$	1,116,678
Total debt	$	1,108,913	$	1,108,913	$	1,112,044	$	1,116,678

(a)Capital lease obligations are excluded from the table above.

The fair values presented herein are based on pertinent information available to management as of the respective year end dates. The estimated fair values of the Company’s debt are classified as Level 2 in the fair value hierarchy. Although management is not aware of any factors that could significantly affect the estimated fair value amounts, such amounts have not been comprehensively revalued for purposes of these financial statements since that date, and current estimates of fair value may differ from amounts presented herein.

Quarterly Financial Information Disclosure [Abstract]

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Commitments and Contingencies	12 Months Ended
Commitments and Contingencies	Feb. 03, 2018
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	17. Commitments and Contingencies Legal The Company establishes accruals relating to legal claims in connection with litigation to which the Company is party from time to time in the ordinary course of business. Like many retailers, the Company has been named in class or collective actions on behalf of various groups alleging violations of federal and state wage and hour and other labor statutes, and alleged violation of state consumer and/or privacy protection statutes. In the normal course of business, we are also party to various other lawsuits and regulatory proceedings including, among others, commercial, product, product safety, employee, customer, intellectual property and other claims. Actions against us are in various procedural stages. Many of these proceedings raise factual and legal issues and are subject to uncertainties. To determine the likelihood of a loss and/or the measurement of any loss can be complex. Consequently, we are unable to estimate the range of reasonably possible loss in excess of amounts accrued. The Company’s assessments are based on estimates and assumptions that have been deemed reasonable by management, but the assessment process relies heavily on estimates and assumptions that may prove to be incomplete or inaccurate, and unanticipated events and circumstances may occur that might cause us to change those estimates and assumptions. While no assurance can be given as to the ultimate outcome of these matters, the Company believes that the final resolution of these actions will not have a material adverse effect on the Company’s results of operations, financial position, liquidity or capital resources. Letters of Credit The Company had irrevocable letters of credit in the amounts of $60.0 million and $53.1 million as of February 3, 2018 and January 28, 2017, respectively. Letters of credit outstanding as of February 3, 2018 and January 28, 2017 amounted to $51.9 million and $44.2 million, respectively, guaranteeing performance under various lease agreements, insurance contracts, and utility agreements. The Company also had outstanding letters of credit arrangements in the aggregate amount of $8.1 million and $8.9 million at February 3, 2018 and January 28, 2017, respectively, related to certain merchandising agreements. Based on the terms of the Amended ABL Credit Agreement relating to the ABL Line of Credit, the Company had available letters of credit of $455.8 million and $427.8 million as of February 3, 2018 and January 28, 2017, respectively. Inventory Purchase Commitments The Company had $854.4 million of purchase commitments related to goods that were not received as of February 3, 2018. Death Benefits In November 2005, the Company entered into agreements with three of the Company’s former executives whereby, upon each of their deaths, the Company will pay $1.0 million to each respective designated beneficiary.

Related Party Transactions	12 Months Ended
Related Party Transactions	Feb. 03, 2018
Related Party Transactions [Abstract]
Related Party Transactions	18. Related Party Transactions The brother-in-law of one of the Company’s Executive Vice Presidents is an independent sales representative of one of the Company’s suppliers of merchandise inventory. This relationship predated the commencement of the Executive Vice President’s employment with the Company. The Company has determined that the dollar amount of purchases through such supplier represents an insignificant amount of its inventory purchases.

Quarterly Results

12 Months Ended

Feb. 03, 2018

Quarterly Results

19. Quarterly Results (Unaudited)

In the opinion of the Company’s management, the accompanying unaudited interim Consolidated Financial Statements contain all adjustments which are necessary for the fair presentation of the quarters presented. The operating results for any quarter are not necessarily indicative of the results of any future quarter.

	(in thousands, except share data)
Year ended February 3, 2018:	Quarter Ended
	April 29, 2017		July 29, 2017		October 28, 2017		February 3, 2018 (1)
Net sales	$	1,346,546	$	1,363,224	$	1,438,167	$	1,936,829
Gross margin(2)(3)	$	550,150	$	555,098	$	606,439	$	813,921
Net income (4)	$	52,368	$	46,902	$	44,879	$	240,703
Net income per share—basic(5):
Common stockholders	$	0.76	$	0.68	$	0.66	$	3.58
Net income per share—diluted(5):
Common stockholders	$	0.73	$	0.66	$	0.65	$	3.47

	(in thousands, except share data)
Year ended January 28, 2017:	Quarter Ended
	April 30, 2016		July 30, 2016		October 29, 2016		January 28, 2017
Net sales	$	1,282,670	$	1,255,053	$	1,342,600	$	1,685,715
Gross margin(1)(2)	$	513,989	$	497,431	$	552,742	$	704,503
Net income (3)	$	37,514	$	20,394	$	32,404	$	125,561
Net income per share—basic(4):
Common stockholders	$	0.53	$	0.29	$	0.46	$	1.80
Net income per share—diluted(4):
Common stockholders	$	0.52	$	0.28	$	0.45	$	1.77

(1)	The fiscal quarter ended February 3, 2018 consisted of 14 weeks. All other fiscal quarters presented in the table above consisted of 13 weeks.

(2)	Gross margin is equal to net sales less cost of sales.

(3)	Gross margin for the quarterly periods ended February 3, 2018 and January 28, 2017 is inclusive of gains related to inventory shortage adjustments of $1.7 million and $5.1 million, respectively, as a result of actual shortage being less than what the Company had estimated.

(4)	Net income for the quarters ended January 28, 2017 and July 30, 2016 includes $2.1 million and $1.4 million, respectively, of charges related to certain litigation matters.

(5)	Quarterly net income per share results may not equal full year amounts due to rounding.

Schedule I-Condensed Financial Information of Registrant

12 Months Ended

Feb. 03, 2018

Condensed Financial Information Of Parent Company Only Disclosure [Abstract]

Schedule I-Condensed Financial Information of Registrant

Schedule I

CONDENSED FINANCIAL INFORMATION

OF REGISTRANT

Parent Company Information

Burlington Stores, Inc.

Balance Sheets

	As of
	February 3, 2018		January 28, 2017
	(in thousands)
ASSETS:
Current assets	$	144	$	47
Investment in subsidiaries		86,630		—
Total assets	$	86,774	$	47
LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT):
Current liabilities	$	—	$	—
Negative investment in subsidiaries		—		49,859
Commitments and contingencies		—		—
Total stockholders’ equity (deficit)		86,774		(49,812	)
Total liabilities and stockholders’ equity (deficit)	$	86,774	$	47

See Notes to Condensed Financial Statements

CONDENSED FINANCIAL INFORMATION

OF REGISTRANT

Parent Company Information

Burlington Stores, Inc.

Statements of Income

	Fiscal Years Ended
	February 3, 2018 (53 Weeks)		January 28, 2017		January 30, 2016
	(in thousands)
REVENUES:
Total revenue	$	—	$	—	$	—
COSTS AND EXPENSES:
Income from equity investment		—		—		—
Total costs and expenses		—		—		—
Income before provision for income tax		—		—		—
Provision for income tax		—		—		—
Earnings from equity investment, net of income taxes	$	384,852	$	215,873	$	150,482
Net income	$	384,852	$	215,873	$	150,482
Total comprehensive income	$	384,852	$	215,873	$	150,482

See Notes to Condensed Financial Statements

CONDENSED FINANCIAL INFORMATION

OF REGISTRANT

Parent Company Information

Burlington Stores, Inc.

Statements of Cash Flows

	Fiscal Years Ended
	February 3, 2018 (53 Weeks)			January 28, 2017			January 30, 2016
	(in thousands)
OPERATING ACTIVITIES:
Net cash provided by operations	$	—		$	—		$	—
INVESTING ACTIVITIES:
Receipt of dividends		—			—			—
Net cash used in investing activities		—			—			—
FINANCING ACTIVITIES:
Proceeds from initial public offering		—			—			—
Offering costs		—			—			—
Receipt of dividends		—			—			—
Payment of dividends		—			—			—
Purchase of treasury shares		(289,777	)		(202,371	)		(201,670	)
Intercompany financing transactions		280,701			197,910			198,090
Proceeds from stock option exercises		9,173			4,484			2,100
Net cash (used in) provided by financing activities		97			23			(1,480	)
(Decrease) increase in cash and cash equivalents		97			23			(1,480	)
Cash and cash equivalents at beginning of period		47			24			1,504
Cash and cash equivalents at end of period	$	144		$	47		$	24

See Notes to Condensed Financial Statements

CONDENSED FINANCIAL INFORMATION

OF REGISTRANT

Parent Company Information

Burlington Stores, Inc.

Note 1. Basis of Presentation

Burlington Stores, Inc. (the Parent Company) is a holding company that conducts substantially all of its business operations through its subsidiaries. The Parent Company’s ability to pay dividends on Parent Company’s common stock will be limited by restrictions on the ability of Parent Company’s subsidiaries to pay dividends or make distributions under the terms of current and future agreements governing the indebtedness of Parent Company’s subsidiaries, so long as the pro forma consolidated secured leverage ratio of Parent Company’s subsidiaries does not exceed 3.50 to 1.00.

The accompanying Condensed Financial Statements include the accounts of the Parent Company and, on an equity basis, its consolidated subsidiaries and affiliates. Accordingly, these Condensed Financial Statements have been presented on a “parent-only” basis. Under a parent-only presentation, the Parent Company’s investments in its consolidated subsidiaries are presented under the equity method of accounting. These parent-only financial statements should be read in conjunction with Burlington Stores, Inc.’s audited Consolidated Financial Statements included elsewhere herein.

Note 2. Dividends

As discussed above, payment of dividends is prohibited under the credit agreements of Parent Company’s subsidiaries, except in limited circumstances.

Note 3. Stock-Based Compensation

Non-cash stock compensation expense of $27.0 million, $16.0 million and $11.2 million has been pushed down to Parent Company’s subsidiaries for Fiscal 2017, Fiscal 2016 and Fiscal 2015, respectively.

Valuation And Qualifying Accounts [Abstract]

The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document.

+ References + Details

Schedule II-Valuation and Qualifying Accounts and Reserves

12 Months Ended

Feb. 03, 2018

Schedule II-Valuation and Qualifying Accounts and Reserves

BURLINGTON STORES, INC.

Schedule II—Valuation and Qualifying Accounts and Reserves

(All amounts in thousands)

Description	Balance at Beginning of Period		Charged to Costs & Expenses			Charged to Other Accounts(1)			Accounts Written Off or Deductions(2)		Balance at End of Period
Year ended February 3, 2018
Allowance for doubtful accounts	$	262	$	411		$	—		$	574	$	99
Sales reserves	$	3,419	$	(524	)	$	335,675		$	334,802	$	3,768
Valuation allowances on deferred tax assets	$	7,388	$	—		$	988		$	—	$	8,376
Year ended January 28, 2017
Allowance for doubtful accounts	$	272	$	508		$	—		$	518	$	262
Sales reserves	$	3,264	$	(230	)	$	318,214		$	317,829	$	3,419
Valuation allowances on deferred tax assets	$	12,858	$	—		$	(5,470	)	$	—	$	7,388
Year ended January 30, 2016
Allowance for doubtful accounts	$	111	$	740		$	—		$	579	$	272
Sales reserves	$	3,052	$	(317	)	$	313,737		$	313,208	$	3,264
Valuation allowances on deferred tax assets	$	10,653	$	—		$	2,205		$	—	$	12,858

Notes:

(1)	Amounts related to sales reserves are charged to net sales and cost of sales, and amounts related to valuation allowances on deferred taxes are charged to income tax expense.

(2)	Actual returns and allowances.

Summary of Significant Accounting Policies (Policies)

12 Months Ended

Feb. 03, 2018

Accounting Policies [Abstract]

Business

Basis of Consolidation and Presentation

Fiscal Years

Use of Estimates

Weather-Related Incidents

Secondary Offering

Cash and Cash Equivalents

Accounts Receivable

Inventories

Property and Equipment

Impairment of Long-Lived Assets

Capitalized Computer Software Costs

Intangible Assets

Goodwill

Other Assets

Other Current Liabilities

	(in thousands)
	Fiscal Years Ended
	February 3, 2018		January 28, 2017
Short-term self-insurance reserve(a)	$	26,652	$	28,569
Long-term self-insurance reserve(b)		38,255		41,404
Total	$	64,907	$	69,973

(a)	Represents the portions of the self-insurance reserve expected to be paid in the next twelve months, which were recorded in the line item “Other current liabilities” in the Company’s Consolidated Balance Sheets.

(b)	Represents the portions of the self-insurance reserve expected to be paid in excess of twelve months, which was recorded in the line item “Other liabilities” in the Company’s Consolidated Balance Sheets.

Other Liabilities

Revenue Recognition

Other Revenue

	(in thousands)
	Fiscal Years Ended
	February 3, 2018		January 28, 2017		January 30, 2016
Service fees	$	16,207	$	15,779	$	14,782
Subleased rental income and other		8,846		8,720		8,681
Rental income from leased departments		224		413		7,448
Total	$	25,277	$	24,912	$	30,911

Advertising Costs

Barter Transactions

	(in thousands)
	February 3, 2018		January 28, 2017
Prepaid and other current assets	$	1,183	$	2,677
Other assets		—		1,024
Total prepaid advertising expense	$	1,183	$	3,701

	(in thousands)
	Fiscal Years Ended
	February 3, 2018		January 28, 2017		January 30, 2016
Barter credit usage	$	2,518	$	2,384	$	2,551

Stock-Based Compensation

Net Income Per Share

Net income per share is calculated using the treasury stock method. Refer to Note 11, “Net Income Per Share,” for further details.

Credit Risk

Segment Information

Category	Fiscal 2017			Fiscal 2016			Fiscal 2015
Women’s ready-to-wear apparel		23	%		24	%		24	%
Accessories and footwear		22	%		22	%		22	%
Menswear		20	%		20	%		21	%
Youth apparel/baby		16	%		16	%		16	%
Home		14	%		12	%		11	%
Coats		5	%		6	%		6	%

Adopted Accounting Standards

In March 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standard Update (ASU) No. 2016-09, “Improvements to Employee Share-Based Payment Accounting” (ASU 2016-09). ASU 2016-09 changes how companies account for certain aspects of share-based payments to employees including: (i) requiring all income tax effects of awards to be recognized in the income statement, rather than in additional paid in capital, when the awards vest or are settled, (ii) eliminating the requirement that excess tax benefits be realized before companies can recognize them, (iii) requiring companies to present excess tax benefits as an operating activity on the statement of cash flows rather than as a financing activity, (iv) increasing the amount an employer can withhold to cover income taxes on awards and still qualify for the exception to liability classification for shares used to satisfy the employer’s statutory income tax withholding obligation, (v) requiring an employer to classify the cash paid to a tax authority when shares are withheld to satisfy its statutory income tax withholding obligation as a financing activity on its statement of cash flows and (vi) requiring an employer to elect whether to account for forfeitures of share-based payments by (a) recognizing forfeitures of awards as they occur or (b) estimating the number of awards expected to be forfeited and adjusting the estimate when it is likely to change, as is currently required. ASU 2016-09 is effective for fiscal years beginning after December 15, 2016. The Company adopted this standard effective January 29, 2017.

The primary impact of adoption was the prospective recognition of excess tax benefits in the income statement as an income tax benefit rather than equity, which increased net income per share during the year ended February 3, 2018 by $0.23 and lowered the Company’s effective tax rate by approximately 440 basis points.

The Company has applied the amendment relating to the presentation of the excess tax benefits on the Consolidated Statements of Cash Flows retrospectively, resulting in the reclassification of $13.5 million and $11.9 million of excess tax benefits from cash flows from financing activities to cash flows from operating activities for the fiscal years ended January 28, 2017 and January 30, 2016, respectively.

The Company has elected to account for forfeitures of share-based awards as they occur, on a modified retrospective basis, resulting in a $0.4 million cumulative-effect adjustment to retained earnings as of January 29, 2017.

The presentation requirements for cash flows related to employee taxes paid upon the vesting of restricted stock awards had no impact to any of the periods presented in the Company’s Consolidated Statements of Cash Flows since such cash flows have historically been presented as a financing activity.

Pending Accounting Standards

In May 2014, the FASB issued ASU 2014-09, “Revenue from Contracts with Customers” (ASU 2016-09), which converges revenue recognition under GAAP and International Financial Reporting Standards. The new guidance supersedes most preexisting revenue recognition guidance, and provides a five-step analysis of transactions to determine when and how revenue is recognized. The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The FASB issued ASU 2015-14 in August 2015, which deferred the effective date of ASU 2014-09 for public companies to periods beginning after December 15, 2017, with early adoption permitted. The standard shall be applied either retrospectively to each period presented or as a cumulative-effect adjustment as of the date of adoption. This ASU will be effective for the Company as of the beginning of the fiscal year ending February 2, 2019 (Fiscal 2018). The Company will adopt this guidance in the first quarter of fiscal 2018 using the modified retrospective transition method. The Company believes that there will be no change in the timing or amount of revenue recognized under the new standard as it relates to revenue from point of sale at the registers in our stores, which constitutes more than 99% of the Company’s revenue. The new standard will require a change in the presentation of the Company’s sales return reserve on the balance sheet, which is currently recorded net. The new standard will require the reserve to be established at the gross sales value with an asset established for the value of the merchandise returned. The adoption of this guidance is not expected to have a material impact on our consolidated Financial Statements and related disclosures.

In February 2016, the FASB issued ASU 2016-02, “Leases.” The standard’s core principle is to increase transparency and comparability among organizations by recognizing lease assets and liabilities on the balance sheet and disclosing key information about leasing arrangements. This standard is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. This ASU will be effective for the Company as of the beginning of the fiscal year ending February 1, 2020 (Fiscal 2019). Early adoption is permitted. While the Company is continuing to evaluate the impact of the adoption of this guidance on its consolidated financial statements and notes thereto, it does expect that this new guidance will result in a significant increase to the assets and liabilities presented on its consolidated balance sheets. Refer to Note 12, “Lease Commitments,” for further detail of the Company’s future minimum lease payments. This guidance is not expected, however, to have a significant impact on the Company's liquidity.

In August 2016, the FASB issued ASU 2016-15, “Statement of Cash Flows: Classification of Certain Cash Receipts and Cash Payments.” The primary purpose of this ASU is to reduce the diversity in practice that has resulted from the lack of consistent principles on this topic. This ASU is effective for fiscal years beginning after December 15, 2017. This ASU will be effective for the Company as of the beginning of Fiscal 2018. Early adoption is permitted in any interim or annual period. The Company does not anticipate that the new guidance will have a significant impact on its consolidated financial statements.

In November 2016, the FASB issued ASU 2016-18, “Statement of Cash Flows: Restricted Cash.” The primary purpose of this ASU is to reduce the diversity in practice that exists in the classification and presentation of changes in restricted cash and restricted cash equivalents on the statement of cash flows. This ASU will require that a statement of cash flows explain the change during the period in the total of cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. Therefore, amounts generally described as restricted cash and restricted cash equivalents should be included with cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown on the statement of cash flows. This ASU is effective for fiscal years beginning after December 15, 2017. This ASU will be effective for the Company as of the beginning of Fiscal 2018. Early adoption is permitted in any interim or annual period. While the Company is still in the process of determining the impact of the adoption of this guidance on its consolidated financial statements and notes thereto, it does not anticipate that the new guidance will have a significant impact on its consolidated financial statements.

In January 2017, the FASB issued ASU 2017-04, “Intangibles—Goodwill and Other: Simplifying the Test for Goodwill Impairment,” which aims to simplify the subsequent measurement of goodwill by eliminating Step 2 from the goodwill impairment test. Under the new guidance, goodwill impairment will be measured as the amount by which the carrying value exceeds the fair value. The loss recognized should not exceed the total amount of goodwill allocated to the reporting unit. The new guidance will be effective for annual reporting periods beginning after December 15, 2019, including interim periods. This ASU will be effective for the Company as of the beginning of Fiscal 2020. Early adoption is permitted for annual or interim goodwill impairment tests performed on testing dates after January 1, 2017. The Company does not anticipate that the new guidance will have a significant impact on its consolidated financial statements.

There were no other new accounting standards that had a material impact on the Company’s Consolidated Financial Statements during the fiscal year ended February 3, 2018, and there were no other new accounting standards or pronouncements that were issued but not yet effective as of February 3, 2018 that the Company expects to have a material impact on its financial position or results of operations upon becoming effective.

Summary of Significant Accounting Policies (Tables)

12 Months Ended

Feb. 03, 2018

Accounting Policies [Abstract]

Self Insurance Reserves

Self-insurance reserves as of February 3, 2018 and January 28, 2017 were:

	(in thousands)
	Fiscal Years Ended
	February 3, 2018		January 28, 2017
Short-term self-insurance reserve(a)	$	26,652	$	28,569
Long-term self-insurance reserve(b)		38,255		41,404
Total	$	64,907	$	69,973

(a)	Represents the portions of the self-insurance reserve expected to be paid in the next twelve months, which were recorded in the line item “Other current liabilities” in the Company’s Consolidated Balance Sheets.

(b)	Represents the portions of the self-insurance reserve expected to be paid in excess of twelve months, which was recorded in the line item “Other liabilities” in the Company’s Consolidated Balance Sheets.

Other Revenue

	(in thousands)
	Fiscal Years Ended
	February 3, 2018		January 28, 2017		January 30, 2016
Service fees	$	16,207	$	15,779	$	14,782
Subleased rental income and other		8,846		8,720		8,681
Rental income from leased departments		224		413		7,448
Total	$	25,277	$	24,912	$	30,911

Prepaid Advertising Expense

	(in thousands)
	February 3, 2018		January 28, 2017
Prepaid and other current assets	$	1,183	$	2,677
Other assets		—		1,024
Total prepaid advertising expense	$	1,183	$	3,701

Barter Credit Usage

	(in thousands)
	Fiscal Years Ended
	February 3, 2018		January 28, 2017		January 30, 2016
Barter credit usage	$	2,518	$	2,384	$	2,551

Sales Percentage by Major Product Category

Sales percentage by major product category is as follows:

Category	Fiscal 2017			Fiscal 2016			Fiscal 2015
Women’s ready-to-wear apparel		23	%		24	%		24	%
Accessories and footwear		22	%		22	%		22	%
Menswear		20	%		20	%		21	%
Youth apparel/baby		16	%		16	%		16	%
Home		14	%		12	%		11	%
Coats		5	%		6	%		6	%

Property and Equipment (Tables)

12 Months Ended

Feb. 03, 2018

Property Plant And Equipment [Abstract]

Property and Equipment

Property and equipment consist of:

		(in thousands)
	Useful Lives	February 3, 2018			January 28, 2017
Land	N/A	$	159,465		$	157,272
Buildings	20 to 40 Years		465,207			452,497
Store fixtures and equipment	3 to 10 Years		831,963			762,826
Software	3 to 10 Years		235,799			205,673
Leasehold improvements	Shorter of lease term or useful life		604,470			561,371
Construction in progress	N/A		28,155			37,145
			2,325,059			2,176,784
Less: accumulated depreciation			(1,190,287	)		(1,127,337	)
Total property and equipment, net of accumulated depreciation and amortization		$	1,134,772		$	1,049,447

Intangible Assets (Tables)

12 Months Ended

Feb. 03, 2018

Goodwill And Intangible Assets Disclosure [Abstract]

Intangible Assets

Intangible assets at February 3, 2018 and January 28, 2017 consist primarily of tradenames and favorable lease positions as follows:

	(in thousands)
	February 3, 2018							January 28, 2017
	Gross Carrying Amount		Accumulated Amortization			Net Amount		Gross Carrying Amount		Accumulated Amortization			Net Amount
Tradenames	$	238,000	$	—		$	238,000	$	238,000	$	—		$	238,000
Favorable leases	$	442,322		(253,375	)	$	188,947	$	456,389	$	(243,209	)	$	213,180

Amortization Expense of Favorable Leases

Amortization expense of favorable leases for each of the next five fiscal years and thereafter is estimated to be as follows:

Fiscal Years:	(in thousands)
2018	$	20,733
2019		20,255
2020		19,010
2021		18,501
2022		16,668
Thereafter		93,780
Total	$	188,947

Impairment Charges (Tables)

12 Months Ended

Feb. 03, 2018

Goodwill And Intangible Assets Disclosure [Abstract]

Impairment Charges

Impairment charges during these periods related to the following:

	(in thousands)
	Fiscal Years Ended
Asset Categories	February 3, 2018		January 28, 2017		January 30, 2016
Favorable leases	$	836	$	1,550	$	3,318
Store fixtures and equipment		308		440		1,146
Leasehold improvements		306		387		1,005
Other assets		203		73		429
Software		—		—		213
Buildings		227		—		—
Land		247		—		—
Total	$	2,127	$	2,450	$	6,111

Impairment Charges and Fair Value of Partially-Impaired Store, Subsequent to Impairment Charges

The table below sets forth, by level within the fair value hierarchy, the fair value of the partially-impaired stores, subsequent to impairment charges as of February 3, 2018:

	(in thousands)
	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Un- Observable Inputs (Level 3)		Total		Total Impairment Losses
Land	$	—	$	—	$	470	$	470	$	247
Buildings		—		—		333		333		227
Store fixtures and equipment		—		—		23		23		308
Leasehold improvements		—		—		84		84		306
Favorable leases		—		—		48		48		836
Other assets		—		—		—		—		203
Total	$	—	$	—	$	958	$	958	$	2,127

Long Term Debt (Tables)

12 Months Ended

Feb. 03, 2018

Debt Disclosure [Abstract]

Long Term Debt

Long term debt consists of:

	(in thousands)
	February 3,			January 28,
	2018			2017
$1,200,000 senior secured term loan facility (Term B-5 Loans), LIBOR (with a floor of 0.75%) plus 2.50%, matures on November 17, 2024	$	1,108,913		$	—
$1,200,000 senior secured term loan facility (Term B-4 Loans), LIBOR (with a floor of 0.75%) plus 2.75%, matures on August 13, 2021		—			1,112,044
$600,000 ABL senior secured revolving facility, LIBOR plus spread based on average outstanding balance, matures on August 13, 2019		—			—
Capital lease obligations		21,931			23,643
Unamortized deferred financing costs		(3,872	)		(5,206	)
Total debt		1,126,972			1,130,481
Less: current maturities		(13,164	)		(1,638	)
Long term debt, net of current maturities	$	1,113,808		$	1,128,843

Amortization Expense Related to Deferred Financing Fees

Amortization expense related to the deferred financing costs as of February 3, 2018 for each of the next five fiscal years and thereafter is estimated to be as follows:

Fiscal Years	(in thousands)
2018	$	2,004
2019		1,316
2020		574
2021		568
2022		562
Thereafter		1,003
Total	$	6,027

Maturities of Long-Term Debt and Capital Lease Obligations

Scheduled maturities of the Company’s long term debt and capital lease obligations, as they exist as of February 3, 2018, in each of the next five fiscal years and thereafter are as follows:

	(in thousands)
	Long- Term Debt			Capital Lease Obligations			Total
Fiscal Years:
2018	$	11,170		$	1,994		$	13,164
2019		11,170			2,139			13,309
2020		11,170			2,179			13,349
2021		11,170			2,607			13,777
2022		11,170			3,008			14,178
Thereafter		1,058,358			10,004			1,068,362
Total		1,114,208			21,931			1,136,139
Less: unamortized discount		(5,295	)		—			(5,295	)
Less: unamortized deferred financing costs		(3,872	)		—			(3,872	)
Total		1,105,041			21,931			1,126,972
Less: current portion		(11,170	)		(1,994	)		(13,164	)
Long term debt	$	1,093,871		$	19,937		$	1,113,808

Fair Value of Company's Derivative Financial Instruments on Gross Basis as well as Classification

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
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-Name Accounting Standards Codification
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-Name Accounting Standards Codification
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-Name Accounting Standards Codification
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-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21521-112644

+ Details

Derivative Instruments and Hedging Activities (Tables)

12 Months Ended

Feb. 03, 2018

The tables below present the fair value of the Company’s derivative financial instruments on a gross basis, as well as their classification on the Company’s Consolidated Balance Sheets:

(in thousands)

Fair Values of Derivative Instruments

Asset Derivatives

February 3, 2018

January 28, 2017

Derivatives Designated as Hedging Instruments

Balance

Sheet

Location

Fair

Value

Balance

Sheet

Location

Fair

Value

Interest rate cap contracts

Other assets

4,543

N/A

—

(in thousands)

Fair Values of Derivative Instruments

Liability Derivatives

February 3, 2018

January 28, 2017

Derivatives Designated as Hedging Instruments

Balance

Sheet

Location

Fair

Value

Balance

Sheet

Location

Fair

Value

Interest rate cap contracts

N/A

—

Other liabilities

3,183

Summary of Unrealized Gains (Losses) Deferred to Accumulated Other Comprehensive Loss

	(in thousands)
	Fiscal Year Ended
Interest Rate Cap Contracts:	February 3, 2018			January 28, 2017			January 30, 2016
Unrealized gains (losses), before taxes	$	3,460		$	365		$	(12,367	)
Income tax (expense) benefit		(1,718	)		(145	)		4,947
Unrealized gains (losses), net of taxes	$	1,742		$	220		$	(7,420	)

Reclassification of Losses from Accumulated Other Comprehensive Loss into Earnings

	(in thousands)
	Fiscal Year Ended
Component of Earnings:	February 3, 2018			January 28, 2017			January 30, 2016
Interest expense	$	5,931		$	2,622		$	287
Income tax expense		(2,369	)		(1,041	)		(115	)
Net income	$	3,562		$	1,581		$	172

Derivatives Designated as Hedging Instruments

Outstanding Interest Rate Derivatives in Qualifying Hedging Relationships

As of February 3, 2018, the Company had the following outstanding interest rate derivatives that were designated as cash flow hedges of interest rate risk:

Interest Rate Derivative

Number of

Instruments

Notional Aggregate

Principal Amount

Interest

Cap Rate

Maturity Date

Interest rate cap contracts

Two

$ 800.0 million

1.0%

May 31, 2019

Changes in Accumulated Other Comprehensive Loss

Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 5
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-Name Accounting Standards Codification
-Topic 235
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-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

+ Details

Accumulated Other Comprehensive Loss (Tables)

12 Months Ended

Feb. 03, 2018

Equity [Abstract]

The table below details the changes in accumulated other comprehensive loss for Fiscal 2017 and Fiscal 2016.

	(in thousands)
	Derivative Instruments
Balance at January 30, 2016	$	(8,992	)
Unrealized losses, net of related taxes of $0.1 million		220
Amount reclassified into earnings, net of related taxes of $1.0 million		1,581
Balance at January 28, 2017	$	(7,191	)
Unrealized gains, net of related taxes of $1.4 million		1,742
Amount reclassified into earnings, net of related taxes of $2.4 million		3,562
Balance at February 3, 2018	$	(1,887	)

Net Income Per Share (Tables)

12 Months Ended

Feb. 03, 2018

Earnings Per Share [Abstract]

Computation of Basic and Diluted per Common Share

	(in thousands, except per share data)
	Fiscal Year Ended
	February 3,		January 28,		January 30,
	2018		2017		2016
	(53 Weeks)
Basic net income per share
Net income	$	384,852	$	215,873	$	150,482
Weighted average number of common shares – basic		68,286		70,480		74,111
Net income per common share – basic	$	5.64	$	3.06	$	2.03
Diluted net income per share
Net income	$	384,852	$	215,873	$	150,482
Shares for basic and diluted net income per share:
Weighted average number of common shares – basic		68,286		70,480		74,111
Assumed exercise of stock options and vesting of restricted stock		2,002		1,241		1,332
Weighted average number of common shares – diluted		70,288		71,721		75,443
Net income per common share – diluted	$	5.48	$	3.01	$	1.99

Stock-Based Compensation (Tables)

12 Months Ended

Feb. 03, 2018

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

Exercise Price of Service-Based Stock Options Granted

Options granted during Fiscal 2017, Fiscal 2016 and Fiscal 2015 were all service-based awards granted under the Plans at the following exercise prices:

	Exercise Price Ranges
	From		To
Fiscal 2017	$	80.91	$	110.50
Fiscal 2016	$	54.11	$	83.83
Fiscal 2015	$	45.78	$	55.75

Non-Cash Stock Compensation Expense

Non-cash stock compensation expense is as follows:

	(in thousands)
	Fiscal Year Ended
	February 3,		January 28,		January 30,
Type of Non-Cash Stock Compensation	2018		2017		2016
Restricted stock grants (a)	$	15,864	$	8,816	$	6,136
Stock option grants (a)		11,039		6,636		3,920
Stock option modification (b)		131		501		1,105
Total (c)	$	27,034	$	15,953	$	11,161

(a)	Included in the line item “Selling, general and administrative expenses” in the Company’s Consolidated Statements of Income.

(b)	Represents non-cash compensation related to the May 2013 stock option modification as discussed above. Amounts are included in the line item “Stock option modification expense” in the Company’s Consolidated Statements of Income.

(c)	The amounts presented in the table above exclude the effect of income taxes. The tax benefit related to the Company’s non-cash stock compensation was $2.8 million, $5.6 million and $4.1 million during Fiscal 2017, Fiscal 2016 and Fiscal 2015, respectively.

Stock Option Transactions

Stock option transactions during Fiscal 2017 are summarized as follows:

	Number of Shares			Weighted Average Exercise Price Per Share
Options outstanding, January 28, 2017		2,646,123		$	22.41
Options granted		599,975			97.11
Options exercised (a)		(568,675	)		16.13
Options forfeited		(97,592	)		58.62
Options outstanding, February 3, 2018		2,579,831		$	39.79

(a)	Options exercised during Fiscal 2017 had a total intrinsic value of $46.3 million.

Information about Options to Purchase Shares

The following table summarizes information about the options outstanding and exercisable as of February 3, 2018:

	Options Outstanding				Options Exercisable
Exercise Prices	Number Outstanding at February 3, 2018		Weighted Average Remaining Contractual Life (Years)		Number Exercisable at February 3, 2018		Weighted Average Remaining Contractual Life (Years)
$0.79 - $5.02		1,203,550		5.2		439,050		4.9
$26.96+		1,376,281		8.3		226,788		7.4
		2,579,831				665,838

Stock Options Vested and Expected to Vest

The following table summarizes information about the stock options vested and expected to vest during the contractual term:

Options

Weighted

Average

Remaining

Contractual

Life (Years)

Weighted

Average

Exercise

Price

Aggregate

Intrinsic

Value

(in millions)

Vested and expected to vest

2,579,831

6.9

39.79

196.0

Weighted Average Assumptions Used to Estimate Fair Value of Each Stock Option Granted

The fair value of each stock option granted during Fiscal 2017 was estimated using the following assumptions:

	Fiscal Year Ended
	February 3,
	2018
Risk-free interest rate	1.43% - 2.13%
Expected volatility	34% - 37%
Expected life (years)	6.15 - 6.25
Contractual life (years)		10.0
Expected dividend yield		0.0%
Weighted average grant date fair value of options issued	$	36.33

Award Grant and Vesting Transactions

Award grant, vesting and forfeiture transactions during Fiscal 2017 are summarized as follows:

	Number of Shares			Weighted Average Grant Date Fair Value Per Awards
Non-vested awards outstanding, January 28, 2017		744,634		$	54.28
Awards granted		232,611			95.17
Awards vested (a)		(195,088	)		52.79
Awards forfeited		(33,263	)		63.53
Non-vested awards outstanding, February 3, 2018		748,894			66.99

(a)

Restricted stock awards vested during Fiscal 2017 had a total intrinsic value of $20.2 million.

Lease Commitments (Tables)

12 Months Ended

Feb. 03, 2018

Leases [Abstract]

Future Minimum Lease Payments

The following is a schedule of future minimum lease payments having an initial or remaining term in excess of one year:

	(in thousands)
Fiscal Year	Operating Leases(a)		Capital Leases
2018	$	349,994	$	4,036
2019		363,038		3,994
2020		341,244		3,687
2021		317,898		4,020
2022		299,601		4,147
Thereafter		1,320,174		11,632
Total minimum lease payments		2,991,949		31,516
Amount representing interest		—		(9,585	)
Total future minimum lease payments	$	2,991,949	$	21,931

(a)	Total future minimum lease payments include $287.9 million related to options to extend lease terms that are reasonably assured of being exercised and $530.0 million of minimum lease payments for 67 stores that the Company has committed to open or relocate.

Net Rent Expense

The following is a schedule of net rent expense for Fiscal 2017, Fiscal 2016 and Fiscal 2015:

	(in thousands)
	Year Ended
	February 3, 2018			January 28, 2017			January 30, 2016
Rent expense:
Minimum rental payments	$	340,979		$	310,332		$	289,169
Contingent rental payments		4,734			4,424			3,961
Straight-line rent expense		7,543			2,172			2,987
Lease incentives amortization		(32,618	)		(32,112	)		(28,905	)
Amortization of purchased lease rights		499			680			682
Total rent expense(a)		321,137			285,496			267,894
Less all rental income(b)		(6,846	)		(7,167	)		(14,589	)
Total net rent expense	$	314,291		$	278,329		$	253,305

(a)	Included in the line item “Selling, general and administrative expenses” in the Company’s Consolidated Statements of Income.

(b)	Included in the line item “Other revenue” in the Company’s Consolidated Statements of Income.

Income Taxes (Tables)

12 Months Ended

Feb. 03, 2018

Income Tax Disclosure [Abstract]

Earnings Before Income Taxes

Income before income taxes was as follows for Fiscal 2017, Fiscal 2016 and Fiscal 2015:

	(in thousands)
	Year Ended
	February 3, 2018			January 28, 2017		January 30, 2016
Domestic	$	429,939		$	330,106	$	241,112
Foreign		(959	)		3,106		(2,236	)
Total income before income taxes	$	428,980		$	333,212	$	238,876

Income Tax Expense

Income tax expense was as follows for Fiscal 2017, Fiscal 2016 and Fiscal 2015:

	(in thousands)
	Year Ended
	February 3, 2018			January 28, 2017			January 30, 2016
Current:
Federal	$	65,824		$	104,934		$	71,441
State		8,824			14,957			11,044
Foreign		207			367			—
Subtotal		74,855			120,258			82,485
Deferred:
Federal		(40,839	)		1,655			6,452
State		9,091			3,399			(543	)
Foreign		1,021			(7,973	)		—
Subtotal		(30,727	)		(2,919	)		5,909
Total Income Tax Expense	$	44,128		$	117,339		$	88,394

Tax Rate Reconciliations

The tax rate reconciliations were as follows for Fiscal 2017, Fiscal 2016 and Fiscal 2015:

	Fiscal Year Ended
	February 3, 2018			January 28, 2017			January 30, 2016
Tax at statutory rate		33.7	%		35.0	%		35.0	%
State income taxes, net of federal		3.0			3.0			3.0
Excess tax benefit from stock compensation		(4.4	)		-			-
Tax credits		(1.4	)		(1.7	)		(2.1	)
Impact of federal tax reform		(21.1	)		-			-
Other		0.5			(1.1	)		1.1
Effective tax rate		10.3	%		35.2	%		37.0	%

Tax Effects of Temporary Differences Included in Deferred Tax Accounts

The tax effects of temporary differences are included in deferred tax accounts as follows:

	(in thousands)
	February 3, 2018					January 28, 2017
	Tax Assets			Tax Liabilities		Tax Assets			Tax Liabilities
Non-current deferred tax assets and liabilities:
Property and equipment basis adjustments	$	—		$	132,793	$	—		$	178,017
Deferred rent		18,926			—		36,529			—
Intangibles—long-lived		—			48,397		—			83,499
Intangibles—indefinite-lived		—			65,748		—			94,624
Incidental supplies		—			10,207		—			13,744
Employee benefit compensation		13,071			—		26,665			—
State net operating losses (net of federal benefit)		12,760			—		9,096			—
Inventory costs and reserves capitalized for tax purposes		7,069			—		11,869			—
Landlord allowances		30,057			—		40,699			—
Reserves		7,407			—		34,267			—
Tax credits		5,126			—		4,480			—
Other		—			1,429		13,705			—
Valuation allowance		(8,376	)		—		(7,388	)		—
Total non-current deferred tax assets and liabilities	$	86,040		$	258,574	$	169,922		$	369,884
Net deferred tax liability				$	172,534				$	199,962

Reconciliation of Beginning and Ending Amount of Gross Unrecognized Tax Benefits

A reconciliation of the beginning and ending amount of gross unrecognized tax benefits (exclusive of interest and penalties) is as follows:

	(in thousands)
	Gross Unrecognized Tax Benefits, Exclusive of Interest and Penalties
Balance at January 31, 2015	$	11,730
Additions for tax positions of the current year		122
Additions for tax positions of prior years		250
Reduction for tax positions of prior years		(1,524	)
Settlements		—
Lapse of statute of limitations		—
Balance at January 30, 2016	$	10,578
Additions for tax positions of the current year		117
Additions for tax positions of prior years		—
Reduction for tax positions of prior years		(1,270	)
Settlements		—
Lapse of statute of limitations		(232	)
Balance at January 28, 2017	$	9,193
Additions for tax positions of the current year		72
Additions for tax positions of prior years		882
Reduction for tax positions of prior years		(973	)
Settlements		—
Lapse of statute of limitations		(101	)
Balance at February 3, 2018	$	9,073

Fair Value of Financial Instruments (Tables)

12 Months Ended

Feb. 03, 2018

Fair Value Disclosures [Abstract]

Fair Values of Financial Assets and Hierarchy of Level of Inputs

The fair values of the Company’s financial assets and the hierarchy of the level of inputs as of February 3, 2018 and January 28, 2017 are summarized below:

	(in thousands)
	Fair Value Measurements at
	February 3,		January 28,
	2018		2017
Level 1
Cash equivalents (including restricted cash)	$	28,283	$	28,167

Fair Values of Financial Liabilities

The fair values of the Company’s financial liabilities are summarized below:

	(in thousands)
	February 3, 2018				January 28, 2017
	Carrying Amount (a)		Fair Value (a)		Carrying Amount (a)		Fair Value (a)
$1,200,000 senior secured term loan facility (Term B-5 Loans), LIBOR (with a floor of 0.75%) plus 2.50%, matures on November 17, 2024	$	1,108,913	$	1,108,913	$	—	$	—
$1,200,000 senior secured term loan facility (Term B-4 Loans), LIBOR (with a floor of 0.75%) plus 2.75%, matures on August 13, 2021		—		—		1,112,044	$	1,116,678
Total debt	$	1,108,913	$	1,108,913	$	1,112,044	$	1,116,678

(a)Capital lease obligations are excluded from the table above.

Quarterly Results (Tables)

12 Months Ended

Feb. 03, 2018

Quarterly Financial Information Disclosure [Abstract]

Quarterly Operating Results

The operating results for any quarter are not necessarily indicative of the results of any future quarter.

	(in thousands, except share data)
Year ended February 3, 2018:	Quarter Ended
	April 29, 2017		July 29, 2017		October 28, 2017		February 3, 2018 (1)
Net sales	$	1,346,546	$	1,363,224	$	1,438,167	$	1,936,829
Gross margin(2)(3)	$	550,150	$	555,098	$	606,439	$	813,921
Net income (4)	$	52,368	$	46,902	$	44,879	$	240,703
Net income per share—basic(5):
Common stockholders	$	0.76	$	0.68	$	0.66	$	3.58
Net income per share—diluted(5):
Common stockholders	$	0.73	$	0.66	$	0.65	$	3.47

	(in thousands, except share data)
Year ended January 28, 2017:	Quarter Ended
	April 30, 2016		July 30, 2016		October 29, 2016		January 28, 2017
Net sales	$	1,282,670	$	1,255,053	$	1,342,600	$	1,685,715
Gross margin(1)(2)	$	513,989	$	497,431	$	552,742	$	704,503
Net income (3)	$	37,514	$	20,394	$	32,404	$	125,561
Net income per share—basic(4):
Common stockholders	$	0.53	$	0.29	$	0.46	$	1.80
Net income per share—diluted(4):
Common stockholders	$	0.52	$	0.28	$	0.45	$	1.77

(1)	The fiscal quarter ended February 3, 2018 consisted of 14 weeks. All other fiscal quarters presented in the table above consisted of 13 weeks.

(2)	Gross margin is equal to net sales less cost of sales.

(3)	Gross margin for the quarterly periods ended February 3, 2018 and January 28, 2017 is inclusive of gains related to inventory shortage adjustments of $1.7 million and $5.1 million, respectively, as a result of actual shortage being less than what the Company had estimated.

(4)	Net income for the quarters ended January 28, 2017 and July 30, 2016 includes $2.1 million and $1.4 million, respectively, of charges related to certain litigation matters.

(5)	Quarterly net income per share results may not equal full year amounts due to rounding.

Summary of Significant Accounting Policies - Additional Information (Detail)

12 Months Ended

Feb. 03, 2018

USD ($)

Store

State

Segment

Jan. 28, 2017

USD ($)

Jan. 30, 2016

USD ($)

Summary Of Significant Accounting Policies [Line Items]

Number of states stores operated | State

629

Cash and short-term, highly liquid investments, maturities period

3 months

Selling, general and administrative expenses

$ 1,863,501,000

$ 1,723,251,000

$ 1,597,718,000

Depreciation and amortization

201,103,000

183,586,000

172,099,000

Impairment Charges - Property and equipment

1,100,000

800,000

2,400,000

Capitalized software

19,100,000

28,200,000

Impairment charges - indefinite lived intangible assets

impairment charges - finite lived intangible assets

800,000

1,600,000

3,300,000

Impairment charges goodwill

Impairment charges of other assets

200,000

100,000

400,000

Amortization of landlord-owned assets

14,500,000

Customer liabilities

34,600,000

33,200,000

Deferred lease incentives

206,000,000

180,900,000

Advertising costs

82,300,000

81,800,000

84,700,000

Barter transactions

Barter transactions, net sales

600,000

100,000

Barter transactions, cost of sales

600,000

100,000

Barter transactions, unused advertising credits

1,183,000

3,701,000

Breakage income

3,300,000

2,900,000

Sale of certain state tax credit

$ 2,500,000

Common stock reserved for options outstanding | shares

2,579,831

2,646,123

Reports segment | Segment

^[1]

$ 27,034,000

$ 15,953,000

11,161,000

Two Thousand Six and Two Thousand Thirteen Management Incentive Plan

Summary Of Significant Accounting Policies [Line Items]

Number of units available for grant under plans | shares

4,968,793

Common stock reserved for options outstanding | shares

2,579,831

Non-vested restricted stock outstanding | shares

748,894

Summary Of Significant Accounting Policies [Line Items]

$ 27,000,000

16,000,000

11,200,000

Barter Credit Usage

Barter transactions, unused advertising credits

$ 1,200,000

Barter transactions, unused advertising credits expected to be used fiscal year

Feb. 02, 2019

Buildings | Minimum

Summary Of Significant Accounting Policies [Line Items]

Summary Of Significant Accounting Policies [Line Items]

20 years

Buildings | Maximum

Fixtures And Equipment | Minimum

40 years

Summary Of Significant Accounting Policies [Line Items]

Fixtures And Equipment | Maximum

3 years

Summary Of Significant Accounting Policies [Line Items]

Distribution and Purchasing Functions

10 years

Summary Of Significant Accounting Policies [Line Items]

Selling, general and administrative expenses

$ 283,600,000

261,000,000

229,400,000

Depreciation and amortization

$ 26,600,000

22,600,000

$ 18,300,000

Secondary Offering

Summary Of Significant Accounting Policies [Line Items]

Shares issued | shares

12,490,154

Proceeds from the sale of shares

$ 0

Offering cost

$ 200,000

Weather Related Incidents

Summary Of Significant Accounting Policies [Line Items]

Number of stores remained temporarily closed | Store

Number of stores closed at least one day | Store

Insurance proceeds

$ 11,700,000

Insurance receivable related to losses

8,900,000

Summary Of Significant Accounting Policies [Line Items]

Losses incurred related to significant damage to assets written-off

5,400,000

Summary Of Significant Accounting Policies [Line Items]

Losses incurred related to significant damage to assets written-off

17,700,000

Summary Of Significant Accounting Policies [Line Items]

Insurance proceeds

$ 6,000,000

Burlington Stores

Summary Of Significant Accounting Policies [Line Items]

Summary Of Significant Accounting Policies [Line Items]

614

Cohoes Fashions

Summary Of Significant Accounting Policies [Line Items]

Super Baby Depot

Summary Of Significant Accounting Policies [Line Items]

MJM Designer Shoes

Summary Of Significant Accounting Policies [Line Items]

Online Stores

Health Care Organizations [Abstract]

[1]	The amounts presented in the table above exclude the effect of income taxes. The tax benefit related to the Company’s non-cash stock compensation was $2.8 million, $5.6 million and $4.1 million during Fiscal 2017, Fiscal 2016 and Fiscal 2015, respectively.

Self Insurance Reserves (Detail) - USD ($)
$ in Thousands

Feb. 03, 2018

Jan. 28, 2017

Short-term self insurance reserve

^[1]

$ 26,652

$ 28,569

Long-term self insurance reserve

^[2]

38,255

41,404

Total

$ 64,907

$ 69,973

[1]	Represents the portions of the self-insurance reserve expected to be paid in the next twelve months, which were recorded in the line item “Other current liabilities” in the Company’s Consolidated Balance Sheets.
[2]	Represents the portions of the self-insurance reserve expected to be paid in excess of twelve months, which was recorded in the line item “Other liabilities” in the Company’s Consolidated Balance Sheets.

Other Revenue (Detail) - USD ($) $ in Thousands	12 Months Ended
Other Revenue (Detail) - USD ($) $ in Thousands	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Revenue Recognition [Line Items]
Other Revenue	$ 25,277	$ 24,912	$ 30,911
Service Fees
Revenue Recognition [Line Items]
Other Revenue	16,207	15,779	14,782
Subleased Rental Income and Other
Revenue Recognition [Line Items]
Other Revenue	8,846	8,720	8,681
Rental Income from Leased Departments
Revenue Recognition [Line Items]
Other Revenue	$ 224	$ 413	$ 7,448

Prepaid Advertising Expense (Detail) - USD ($) $ in Thousands	Feb. 03, 2018	Jan. 28, 2017
Advertising Costs [Line Items]
Prepaid Advertising Expense	$ 1,183	$ 3,701
Prepaid and Other Current Assets
Advertising Costs [Line Items]
Prepaid Advertising Expense	$ 1,183	2,677
Other Assets
Advertising Costs [Line Items]
Prepaid Advertising Expense		$ 1,024

Barter Credit Usage (Detail) - USD ($) $ in Thousands	12 Months Ended
Barter Credit Usage (Detail) - USD ($) $ in Thousands	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Advertising Costs [Line Items]
Net Advertising Expense	$ 82,300	$ 81,800	$ 84,700
Selling, General and Administrative Expenses \| Barter Credit Usage
Advertising Costs [Line Items]
Net Advertising Expense	$ 2,518	$ 2,384	$ 2,551

Sales Percentage by Major Product Category (Detail) - Sales Revenue, Net - Product Concentration Risk	12 Months Ended
	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Women’s Ready-to-Wear Apparel
Product Information [Line Items]
Sales Percentage	23.00%	24.00%	24.00%
Accessories and Footwear
Product Information [Line Items]
Sales Percentage	22.00%	22.00%	22.00%
Menswear
Product Information [Line Items]
Sales Percentage	20.00%	20.00%	21.00%
Youth Apparel/Baby
Product Information [Line Items]
Sales Percentage	16.00%	16.00%	16.00%
Home
Product Information [Line Items]
Sales Percentage	14.00%	12.00%	11.00%
Coats
Product Information [Line Items]
Sales Percentage	5.00%	6.00%	6.00%

Recent Accounting Pronouncements - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016	Jan. 29, 2017
Recent Accounting Pronouncements [Line Items]
Increased net income per share	$ 0.23
Effective tax rate of basis points	4.40%
Reclassification of excess of tax benefits		$ 13.5	$ 11.9
Cumulative-effect adjustment to retained earnings				$ 0.4
ASU 2015-14 \| Stores \| Minimum
Recent Accounting Pronouncements [Line Items]
Percentage of revenue recognized	99.00%

Restricted Cash and Cash Equivalents - Additional Information (Detail) - USD ($) $ in Thousands	Feb. 03, 2018	Jan. 28, 2017
Restricted Cash and Cash Equivalents Items [Line Items]
Restricted cash and cash equivalents	$ 27,800	$ 27,800
Collateral for Certain Insurance Contracts
Restricted Cash and Cash Equivalents Items [Line Items]
Restricted cash and cash equivalents	$ 27,800	$ 27,800

Property and Equipment (Detail) - USD ($) $ in Thousands	12 Months Ended
Property and Equipment (Detail) - USD ($) $ in Thousands	Feb. 03, 2018	Jan. 28, 2017
Property Plant And Equipment [Line Items]
Property and equipment	$ 2,325,059	$ 2,176,784
Less: accumulated depreciation	(1,190,287)	(1,127,337)
Total property and equipment, net of accumulated depreciation and amortization	1,134,772	1,049,447
Land
Property Plant And Equipment [Line Items]
Property and equipment	159,465	157,272
Buildings
Property Plant And Equipment [Line Items]
Property and equipment	465,207	452,497
Store fixtures and equipment
Property Plant And Equipment [Line Items]
Property and equipment	831,963	762,826
Software
Property Plant And Equipment [Line Items]
Property and equipment	$ 235,799	205,673
Leasehold improvements
Property Plant And Equipment [Line Items]
Property and equipment, Useful Lives	Shorter of lease term or useful life
Property and equipment	$ 604,470	561,371
Construction in Progress
Property Plant And Equipment [Line Items]
Property and equipment	$ 28,155	$ 37,145
Minimum \| Buildings
Property Plant And Equipment [Line Items]
Property and equipment, Useful Lives	20 years
Minimum \| Store fixtures and equipment
Property Plant And Equipment [Line Items]
Property and equipment, Useful Lives	3 years
Minimum \| Software
Property Plant And Equipment [Line Items]
Property and equipment, Useful Lives	3 years
Maximum \| Buildings
Property Plant And Equipment [Line Items]
Property and equipment, Useful Lives	40 years
Maximum \| Store fixtures and equipment
Property Plant And Equipment [Line Items]
Property and equipment, Useful Lives	10 years
Maximum \| Software
Property Plant And Equipment [Line Items]
Property and equipment, Useful Lives	10 years

Property and Equipment - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Property Plant And Equipment [Line Items]
Capital leases, accumulated amortization	$ 21,000	$ 18,800
Capital leases, net of accumulated amortization	19,800	22,000
Total amount of depreciation expense	163,300	146,300	$ 135,700
Impairment Charges - Property and equipment	1,100	800	2,400
Depreciation and Amortization	201,103	183,586	172,099
Property and Equipment
Property Plant And Equipment [Line Items]
Impairment Charges - Property and equipment	1,100	800	2,400
Software Development
Property Plant And Equipment [Line Items]
Depreciation and Amortization	$ 18,200	$ 15,400	$ 14,600
Software Development \| Minimum
Property Plant And Equipment [Line Items]
Internally developed software, amortization period	3 years
Software Development \| Maximum
Property Plant And Equipment [Line Items]
Internally developed software, amortization period	5 years

Intangible Assets (Detail) - USD ($) $ in Thousands	Feb. 03, 2018	Jan. 28, 2017
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 238,000	$ 238,000
Net Amount	188,947	213,180
Favorable Leases
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	442,322	456,389
Accumulated Amortization	(253,375)	(243,209)
Net Amount	$ 188,947	$ 213,180

Intangible Assets - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Schedule of Intangible Assets Disclosure [Line Items]
Impairment charges - long-lived assets	$ 2,127	$ 2,450	$ 6,111
Favorable Leases
Schedule of Intangible Assets Disclosure [Line Items]
Amortization of favorable leases	13,200
Impairment charges - long-lived assets	$ 800
Remaining weighted average amortization period	12 years 6 months
Amortization Expense
Schedule of Intangible Assets Disclosure [Line Items]
Amortization of favorable leases	$ 23,300

Amortization Expense of Favorable Leases (Detail) - USD ($) $ in Thousands	Feb. 03, 2018	Jan. 28, 2017
Estimated Amortization Expense [Line Items]
Net Amount	$ 188,947	$ 213,180
Favorable Leases
Estimated Amortization Expense [Line Items]
2018	20,733
2019	20,255
2020	19,010
2021	18,501
2022	16,668
Thereafter	93,780
Net Amount	$ 188,947

Impairment Charges - Additional Information (Detail)	12 Months Ended
Impairment Charges - Additional Information (Detail)	Feb. 03, 2018 USD ($) Store	Jan. 28, 2017 USD ($) Store	Jan. 30, 2016 USD ($) Store
Impaired Long Lived Assets Held And Used [Line Items]
Impairment charges - long-lived assets \| $	$ 2,127,000	$ 2,450,000	$ 6,111,000
Impaired long-lived assets held and used, method for determining fair value	Long-lived assets are measured at fair value on a non-recurring basis for purposes of calculating impairment using the fair value hierarchy of ASC Topic No. 820 “Fair Value Measurements” (Topic No. 820). Refer to Note 16, “Fair Value of Financial Instruments,” for further discussion of the Company’s fair value hierarchy. The fair value of the Company’s long-lived assets is generally calculated using discounted cash flows.
Number of fully impaired stores	2
Fully impaired long-lived assets fair value \| $	$ 0
Number of remaining partially impaired stores	2
Assets Impairments
Impaired Long Lived Assets Held And Used [Line Items]
Impairment of store level assets, number of stores	4	5	5

Impairment Charges (Detail) - USD ($) $ in Thousands	12 Months Ended
Impairment Charges (Detail) - USD ($) $ in Thousands	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Impaired Long Lived Assets Held And Used [Line Items]
Impairment Charges	$ 2,127	$ 2,450	$ 6,111
Favorable Leases
Impaired Long Lived Assets Held And Used [Line Items]
Impairment Charges	836	1,550	3,318
Store fixtures and equipment
Impaired Long Lived Assets Held And Used [Line Items]
Impairment Charges	308	440	1,146
Leasehold Improvements
Impaired Long Lived Assets Held And Used [Line Items]
Impairment Charges	306	387	1,005
Other Assets
Impaired Long Lived Assets Held And Used [Line Items]
Impairment Charges	203	$ 73	429
Software
Impaired Long Lived Assets Held And Used [Line Items]
Impairment Charges			$ 213
Buildings
Impaired Long Lived Assets Held And Used [Line Items]
Impairment Charges	227
Land
Impaired Long Lived Assets Held And Used [Line Items]
Impairment Charges	$ 247

Fair Value of Partially-Impaired Store, Subsequent to Impairment Charges (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Carrying Amounts And Fair Values Of Financial Instruments [Line Items]
Long-Lived assets fair value, Total	$ 958
Total Impairment Losses	2,127	$ 2,450	$ 6,111
Significant Un-Observable Inputs (Level 3)
Carrying Amounts And Fair Values Of Financial Instruments [Line Items]
Long-Lived assets fair value, Total	958
Land
Carrying Amounts And Fair Values Of Financial Instruments [Line Items]
Long-Lived assets fair value, Total	470
Total Impairment Losses	247
Land \| Significant Un-Observable Inputs (Level 3)
Carrying Amounts And Fair Values Of Financial Instruments [Line Items]
Long-Lived assets fair value, Total	470
Favorable Leases
Carrying Amounts And Fair Values Of Financial Instruments [Line Items]
Long-Lived assets fair value, Total	48
Total Impairment Losses	836	1,550	3,318
Favorable Leases \| Significant Un-Observable Inputs (Level 3)
Carrying Amounts And Fair Values Of Financial Instruments [Line Items]
Long-Lived assets fair value, Total	48
Buildings
Carrying Amounts And Fair Values Of Financial Instruments [Line Items]
Long-Lived assets fair value, Total	333
Total Impairment Losses	227
Buildings \| Significant Un-Observable Inputs (Level 3)
Carrying Amounts And Fair Values Of Financial Instruments [Line Items]
Long-Lived assets fair value, Total	333
Store fixtures and equipment
Carrying Amounts And Fair Values Of Financial Instruments [Line Items]
Long-Lived assets fair value, Total	23
Total Impairment Losses	308	440	1,146
Store fixtures and equipment \| Significant Un-Observable Inputs (Level 3)
Carrying Amounts And Fair Values Of Financial Instruments [Line Items]
Long-Lived assets fair value, Total	23
Leasehold improvements
Carrying Amounts And Fair Values Of Financial Instruments [Line Items]
Long-Lived assets fair value, Total	84
Total Impairment Losses	306	387	1,005
Leasehold improvements \| Significant Un-Observable Inputs (Level 3)
Carrying Amounts And Fair Values Of Financial Instruments [Line Items]
Long-Lived assets fair value, Total	84
Other assets
Carrying Amounts And Fair Values Of Financial Instruments [Line Items]
Total Impairment Losses	$ 203	$ 73	$ 429

Long-Term Debt (Detail) - USD ($) $ in Thousands	Feb. 03, 2018	Jan. 28, 2017
Debt Instrument [Line Items]
Capital lease obligations	$ 21,931	$ 23,643
Unamortized deferred financing costs	(3,872)	(5,206)
Total debt	1,126,972	1,130,481
Less: current maturities	(13,164)	(1,638)
Long term debt, net of current maturities	1,113,808	1,128,843
Senior Secured Term B-5 Loan
Debt Instrument [Line Items]
Long Term Debt	$ 1,108,913
Senior Secured Term B-4 Loans
Debt Instrument [Line Items]
Long Term Debt		$ 1,112,044

Long-Term Debt (Parenthetical) (Detail) - USD ($) $ in Thousands				12 Months Ended
	Nov. 17, 2017	Nov. 16, 2017	Jul. 29, 2016	Feb. 03, 2018	Jan. 28, 2017
Debt Instrument [Line Items]
Long-Term Debt, maturity date				Aug. 13, 2019
Senior Secured Term B-5 Loan
Debt Instrument [Line Items]
Long-Term Debt, maturity date	Nov. 17, 2024			Nov. 17, 2024	Nov. 17, 2024
Long-Term Debt, face amount				$ 1,200,000	$ 1,200,000
Senior Secured Term B-4 Loans
Debt Instrument [Line Items]
Long-Term Debt, maturity date				Aug. 13, 2021	Aug. 13, 2021
Long-Term Debt, face amount				$ 1,200,000	$ 1,200,000
ABL senior secured revolving facility
Debt Instrument [Line Items]
Long-Term Debt, maturity date				Aug. 13, 2019	Aug. 13, 2019
Long-Term Debt, face amount				$ 600,000	$ 600,000
London Interbank Offered Rate Floor \| Senior Secured Term B-5 Loan
Debt Instrument [Line Items]
Long-Term Debt, interest rate				0.75%	0.75%
London Interbank Offered Rate Floor \| Senior Secured Term B-4 Loans
Debt Instrument [Line Items]
Long-Term Debt, interest rate	0.75%		0.75%	0.75%	0.75%
London Interbank Offered Rate (LIBOR) \| Senior Secured Term B-5 Loan
Debt Instrument [Line Items]
Long-Term Debt, interest rate				2.50%	2.50%
London Interbank Offered Rate (LIBOR) \| Senior Secured Term B-4 Loans
Debt Instrument [Line Items]
Long-Term Debt, interest rate	2.50%	2.75%	2.75%	2.75%	2.75%

Long-Term Debt - Additional Information (Detail) - USD ($)					12 Months Ended
	Nov. 17, 2017	Nov. 16, 2017	Jul. 29, 2016	Jul. 28, 2016	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016	Feb. 24, 2011
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity								$ 1,000,000,000
Long-Term Debt, payment							$ 50,000,000
Loss on extinguishment of debt					$ (2,881,000)	$ (3,805,000)	(649,000)
Costs related to debt amendments					$ 2,262,000	1,346,000	247,000
Debt instrument maturity date					Aug. 13, 2019
Deferred financing cost					$ 3,872,000	5,206,000
Amortization of deferred financing costs					$ 2,463,000	$ 2,679,000	2,868,000
Deferred financing costs, weighted average amortization period					4 years 10 months 24 days
Capital lease obligations, interest charges for year fiscal year ended February 2, 2019					$ 2,000,000
Capital lease obligations, interest charges for year fiscal year ended February 1, 2020					1,900,000
Capital lease obligations, interest charges for year fiscal year ended January 30, 2021					1,500,000
Capital lease obligations, interest charges for year fiscal year ended January 29,2022					1,400,000
Capital lease obligations, interest charges for year fiscal year ended February 4,2023					1,100,000
Thereafter					1,700,000
Sixth Amendment
Debt Instrument [Line Items]
Write-off in deferred financing costs					$ 1,500,000
Senior Secured Term B-3 Loans
Debt Instrument [Line Items]
Line of Credit Facility, amount outstanding			$ 1,117,000,000
Senior Secured Term B-3 Loans \| Prime Rate
Debt Instrument [Line Items]
Line of Credit Facility, interest rate			1.75%	2.25%
Senior Secured Term B-3 Loans \| London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Line of Credit Facility, interest rate				3.25%
Senior Secured Term B-3 Loans \| London Interbank Offered Rate Floor
Debt Instrument [Line Items]
Line of Credit Facility, interest rate				1.00%
Senior Secured Term B-4 Loans
Debt Instrument [Line Items]
Line of Credit Facility, amount outstanding	$ 1,117,000,000
Debt instrument maturity date					Aug. 13, 2021	Aug. 13, 2021
Senior Secured Term B-4 Loans \| Prime Rate
Debt Instrument [Line Items]
Line of Credit Facility, interest rate	1.50%	1.75%
Senior Secured Term B-4 Loans \| London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Line of Credit Facility, interest rate	2.50%	2.75%	2.75%		2.75%	2.75%
Senior Secured Term B-4 Loans \| London Interbank Offered Rate Floor
Debt Instrument [Line Items]
Line of Credit Facility, interest rate	0.75%		0.75%		0.75%	0.75%
Senior Secured Term B4 And B3 Loan
Debt Instrument [Line Items]
Loss on extinguishment of debt						$ (3,800,000)
Costs related to debt amendments						$ 1,300,000
Senior Secured Term B-5 Loan
Debt Instrument [Line Items]
Debt instrument maturity date	Nov. 17, 2024				Nov. 17, 2024	Nov. 17, 2024
Senior Secured Term B-5 Loan \| London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Line of Credit Facility, interest rate					2.50%	2.50%
Senior Secured Term B-5 Loan \| London Interbank Offered Rate Floor
Debt Instrument [Line Items]
Line of Credit Facility, interest rate					0.75%	0.75%
Senior Secured Term B4 And B5 Loan
Debt Instrument [Line Items]
Loss on extinguishment of debt					$ (2,900,000)
Costs related to debt amendments					$ 2,300,000
Senior Secured Term Loan Facilities
Debt Instrument [Line Items]
Borrowing, interest rate					4.06%
Senior Secured Term Loan Facilities \| Adjusted London Interbank Offered Rate
Debt Instrument [Line Items]
Line of Credit Facility, interest rate					0.75%
Senior Secured Term Loan Facilities \| Federal Funds Rate
Debt Instrument [Line Items]
Line of Credit Facility, interest rate					0.50%
Senior Secured Term Loan Facilities \| One Month Adjusted London Interbank Offered Rate
Debt Instrument [Line Items]
Line of Credit Facility, interest rate					1.00%
ABL senior secured revolving facility
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity					$ 600,000,000
Line of Credit Facility, amount outstanding						$ 0
Debt instrument maturity date					Aug. 13, 2019	Aug. 13, 2019
Line of Credit Facility, amount available					$ 455,800,000	$ 427,800,000
Line of Credit Facility, maximum amount outstanding during period					235,500,000	350,000,000
Line of Credit Facility, Average borrowings					$ 71,000,000	$ 173,900,000
Line of Credit Facility, Average interest rate					2.70%	1.80%
Amended ABL senior secured revolving facility
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity					$ 900,000,000
Line of Credit Facility, unused loan commitments					0.25%
Amended ABL senior secured revolving facility \| London Interbank Offered Rate (LIBOR) \| Minimum
Debt Instrument [Line Items]
Line of Credit Facility, interest rate					1.25%
Amended ABL senior secured revolving facility \| London Interbank Offered Rate (LIBOR) \| Maximum
Debt Instrument [Line Items]
Line of Credit Facility, interest rate					1.50%
ABL Line of Credit and interest rate cap contracts
Debt Instrument [Line Items]
Deferred financing cost					$ 2,100,000	$ 3,600,000
Write-off in Deferred Financing Costs [Member] \| Senior Secured Term B4 And B3 Loan
Debt Instrument [Line Items]
Loss on extinguishment of debt						(2,500,000)
Write-off in Deferred Financing Costs [Member] \| Senior Secured Term B4 And B5 Loan
Debt Instrument [Line Items]
Loss on extinguishment of debt					(1,500,000)
Write-off of Unamortized Original Issue Discount [Member] \| Senior Secured Term B4 And B3 Loan
Debt Instrument [Line Items]
Loss on extinguishment of debt						(1,300,000)
Write-off of Unamortized Original Issue Discount [Member] \| Senior Secured Term B4 And B5 Loan
Debt Instrument [Line Items]
Loss on extinguishment of debt					(1,400,000)
Long-term Debt
Debt Instrument [Line Items]
Deferred financing cost					3,872,000	5,200,000
Amortization of deferred financing costs					2,500,000	$ 2,700,000	$ 2,900,000
Long-term Debt \| Deferred Financing Costs \| Sixth Amendment
Debt Instrument [Line Items]
Deferred financing cost					$ 1,200,000

Amortization Expense Related to Deferred Financing Fees (Detail) - USD ($) $ in Thousands	Feb. 03, 2018	Jan. 28, 2017
Debt Instrument [Line Items]
Net Amount	$ 188,947	$ 213,180
Deferred Financing Costs
Debt Instrument [Line Items]
2018	2,004
2019	1,316
2020	574
2021	568
2022	562
Thereafter	1,003
Net Amount	$ 6,027

Maturities of Long-Term Debt and Capital Lease Obligations (Detail) - USD ($) $ in Thousands	Feb. 03, 2018	Jan. 28, 2017
Long Term Debt Maturities Repayments Of Principal [Line Items]
2018	$ 13,164
2019	13,309
2020	13,349
2021	13,777
2022	14,178
Thereafter	1,068,362
Total	1,136,139
Less: unamortized discount	(5,295)
Unamortized deferred financing costs	(3,872)	$ (5,206)
Total debt	1,126,972	1,130,481
Less: current maturities	(13,164)	(1,638)
Long term debt	1,113,808	1,128,843
Capital Lease Obligations
Long Term Debt Maturities Repayments Of Principal [Line Items]
2018	1,994
2019	2,139
2020	2,179
2021	2,607
2022	3,008
Thereafter	10,004
Total	21,931
Total debt	21,931
Less: current maturities	(1,994)
Long term debt	19,937
Long-term Debt
Long Term Debt Maturities Repayments Of Principal [Line Items]
2018	11,170
2019	11,170
2020	11,170
2021	11,170
2022	11,170
Thereafter	1,058,358
Total	1,114,208
Less: unamortized discount	(5,295)
Unamortized deferred financing costs	(3,872)	$ (5,200)
Total debt	1,105,041
Less: current maturities	(11,170)
Long term debt	$ 1,093,871

Derivative Instruments And Hedging Activities - Additional Information (Detail)	1 Months Ended	12 Months Ended
	Apr. 30, 2015 USD ($) Derivative	Feb. 03, 2018 USD ($)	Jan. 28, 2017 USD ($)	Jan. 30, 2016 USD ($)	Apr. 24, 2015 Derivative
Derivative [Line Items]
Unrealized loss recorded in accumulated other comprehensive loss		$ (1,742,000)	$ (220,000)	$ 7,420,000
Amount related to interest rate cap contracts		1,188,000	655,000	168,000
Interest rate cap
Derivative [Line Items]
Interest rate cap contracts terminated and sold, number \| Derivative	4
Interest rate cap contracts, number \| Derivative					2
Unrealized loss recorded in accumulated other comprehensive loss	$ 2,000,000
Loss amortization period	2019-04
Amount related to interest rate cap contracts		4,300,000	4,900,000	3,500,000
Amounts reported in Accumulated Other Comprehensive Loss to be reclassified to interest expense, during the next twelve months		2,800,000
Ineffective portion of change in fair value of derivatives		$ 0	$ 0	$ 0

Outstanding Interest Rate Derivatives in Qualifying Hedging Relationships (Detail) - Cash Flow Hedging - Derivatives Designated as Hedging Instruments - Interest Rate Cap Contract One	12 Months Ended
	Feb. 03, 2018 USD ($) Derivative
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Number of Instruments \| Derivative	2
Notional Aggregate Principal Amount \| $	$ 800,000,000
Interest Cap Rate	1.00%
Maturity Date	May 31, 2019

Derivative Instruments and Hedging Activities (Detail) - Interest rate cap - USD ($) $ in Thousands	Feb. 03, 2018	Jan. 28, 2017
Other Assets
Derivatives, Fair Value [Line Items]
Derivative Designated as Hedging Instruments Interest Rate Cap Contracts, Asset at Fair Value	$ 4,543
Other Liabilities
Derivatives, Fair Value [Line Items]
Derivative Designated as Hedging Instruments Interest Rate Cap Contracts, Liability at Fair Value		$ 3,183

Summary of Unrealized Gains (Losses) Deferred to Accumulated Other Comprehensive Loss (Detail) - USD ($) $ in Thousands	1 Months Ended	12 Months Ended
	Apr. 30, 2015	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Derivative Instruments Gain Loss [Line Items]
Income tax (expense) benefit		$ (1,400)	$ (100)	$ 4,900
Unrealized gains (losses), net of taxes		1,742	220	(7,420)
Interest rate cap
Derivative Instruments Gain Loss [Line Items]
Unrealized gains (losses), net of taxes	$ (2,000)
Derivatives Designated as Hedging Instruments \| Interest rate cap
Derivative Instruments Gain Loss [Line Items]
Unrealized gains (losses), before taxes		3,460	365	(12,367)
Income tax (expense) benefit		(1,718)	(145)	4,947
Unrealized gains (losses), net of taxes		$ 1,742	$ 220	$ (7,420)

Reclassification of Losses from Accumulated Other Comprehensive Loss into Earnings (Detail) - USD ($)
$ in Thousands

3 Months Ended

12 Months Ended

Feb. 03, 2018

^[1],[2]

Oct. 28, 2017

^[1]

Jul. 29, 2017

^[1]

Apr. 29, 2017

^[1]

Jan. 28, 2017

^[3]

Oct. 29, 2016

^[3]

Jul. 30, 2016

^[3]

Apr. 30, 2016

^[3]

Feb. 03, 2018

Jan. 28, 2017

Jan. 30, 2016

Reclassification Adjustment Out Of Accumulated Other Comprehensive Income On Derivatives [Line Items]

Interest expense

$ (58,777)

$ (56,161)

$ (58,999)

Income tax expense

(44,128)

(117,339)

(88,394)

Reclassification out of accumulated other comprehensive income | Derivatives Designated as Hedging Instruments | Accumulated net gain (loss) from cash flow hedges including portion attributable to noncontrolling interest | Interest rate cap

$ 240,703

$ 44,879

$ 46,902

$ 52,368

$ 125,561

$ 32,404

$ 20,394

$ 37,514

384,852

215,873

150,482

Reclassification Adjustment Out Of Accumulated Other Comprehensive Income On Derivatives [Line Items]

Interest expense

5,931

2,622

287

Income tax expense

(2,369)

(1,041)

(115)

$ 3,562

$ 1,581

$ 172

[1]	Net income for the quarters ended January 28, 2017 and July 30, 2016 includes $2.1 million and $1.4 million, respectively, of charges related to certain litigation matters.
[2]	The fiscal quarter ended February 3, 2018 consisted of 14 weeks. All other fiscal quarters presented in the table above consisted of 13 weeks.
[3]	Gross margin for the quarterly periods ended February 3, 2018 and January 28, 2017 is inclusive of gains related to inventory shortage adjustments of $1.7 million and $5.1 million, respectively, as a result of actual shortage being less than what the Company had estimated.

Changes in Accumulated Other Comprehensive Loss (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 03, 2018	Jan. 28, 2017
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance at beginning of period	$ (49,812)	$ (99,022)
Balance at end of period	86,774	(49,812)
Derivative Instruments
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance at beginning of period	(7,191)	(8,992)
Unrealized gains (losses), net of related taxes of $1.4 million for Fiscal 2017 and $0.1 million for Fiscal 2016	1,742	220
Amount reclassified into earnings, net of related taxes of $2.4 million for Fiscal 2017 and $1.0 million for Fiscal 2016	3,562	1,581
Balance at end of period	$ (1,887)	$ (7,191)

Changes in Accumulated Other Comprehensive Loss (Parenthetical) (Detail) - Derivative Instruments - USD ($) $ in Millions	12 Months Ended
	Feb. 03, 2018	Jan. 28, 2017
Accumulated Other Comprehensive Income (Loss) [Line Items]
Unrealized gains (losses) on Interest Rate Cap Contracts, Tax	$ 1.4	$ 0.1
Amount reclassified into earnings on Interest Rate Cap Contracts, Tax	$ 2.4	$ 1.0

Capital Stock - Additional Information (Detail) - USD ($)		12 Months Ended
	Aug. 16, 2017	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016	Nov. 15, 2016	Nov. 24, 2015
Statement Equity Components [Line Items]
Common Stock, Authorized		500,000,000	500,000,000
Common Stock, Par Value		$ 0.0001	$ 0.0001
Undesignated preferred stock, Authorized		50,000,000	50,000,000
Undesignated preferred stock, Par Value		$ 0.0001	$ 0.0001
Preferred Stock, Issued		0	0
Preferred Stock, Outstanding		0	0
Shares Used for Tax Withholdings (in shares)		70,291
Shares Used for Tax Withholdings		$ 7,307,000	$ 2,371,000	$ 1,313,000
2017 Stock Repurchase Program
Statement Equity Components [Line Items]
Stock repurchase program, authorized amount	$ 300,000,000				$ 200,000,000	$ 200,000,000
Stock repurchase program, authorized execution month and year	2019-08
Common stock repurchased, shares		3,006,720
Common stock repurchased, value		$ 282,500,000
Remaining authorized repurchase amount		$ 217,200,000

Computation of Basic and Diluted per Common Share (Detail) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands

3 Months Ended

12 Months Ended

Feb. 03, 2018

^[1]

Oct. 28, 2017

Jul. 29, 2017

Apr. 29, 2017

Jan. 28, 2017

Oct. 29, 2016

Jul. 30, 2016

Apr. 30, 2016

Feb. 03, 2018

Jan. 28, 2017

Jan. 30, 2016

Basic net income per share

Weighted average number of common shares – basic

$ 384,852

$ 215,873

$ 150,482

68,286

70,480

74,111

Net income per common share – basic

$ 3.58

$ 0.66

$ 0.68

$ 0.76

$ 1.80

$ 0.46

$ 0.29

$ 0.53

$ 5.64

$ 3.06

$ 2.03

Diluted net income per share

Weighted average number of common shares – basic

$ 384,852

$ 215,873

$ 150,482

68,286

70,480

74,111

Assumed exercise of stock options and vesting of restricted stock

2,002

1,241

1,332

Weighted average number of common shares – diluted

70,288

71,721

75,443

Net income per common share – diluted

$ 3.47

$ 0.65

$ 0.66

$ 0.73

$ 1.77

$ 0.45

$ 0.28

$ 0.52

$ 5.48

$ 3.01

$ 1.99

[1]	The fiscal quarter ended February 3, 2018 consisted of 14 weeks. All other fiscal quarters presented in the table above consisted of 13 weeks.

Net Income Per Share - Additional Information (Detail) - shares	12 Months Ended
	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Anti-dilutive shares excluded from diluted net income per share	150,000		115,000
Maximum
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Anti-dilutive shares excluded from diluted net income per share		100,000

Stock-Based Compensation - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Incremental compensation expense from modification	$ 0.1	$ 0.6	$ 1.4
Stock option modification payable		$ 0.1	$ 0.3
Common stock reserved for options outstanding	2,579,831	2,646,123
Maximum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock option modification payable	$ 0.1
Stock Option
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Common stock reserved for options outstanding	2,579,831
Unearned non-cash stock-based option compensation	$ 29.0
Unearned non-cash stock-based compensation expected to recognize as expense over period	2 years 9 months 18 days
Service-based awards, service period	The awards are expensed on a straight-line basis over the requisite service period.
Restricted Stock Issuances
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Unearned non-cash stock-based option compensation	$ 36.9
Unearned non-cash stock-based compensation expected to recognize as expense over period	2 years 7 months 6 days
Restricted stock, outstanding	225,000
Percentage of shares vested if change in control	100.00%
Service-based awards, vesting start period after grant date	1 year
Restricted Stock Issuances \| Maximum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Service-based awards, service period	5 years
Restricted Stock Issuances \| Minimum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Service-based awards, service period	3 years
Share Based Compensation Award Tranche One
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Awards granted subsequent to offering vesting percentage on each of the first four anniversaries of the grant date	25.00%	25.00%	25.00%
Graded Quarter Vesting \| Restricted Stock Issuances
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Service-based awards, vesting period	4 years
Graded Third Vesting \| Restricted Stock Issuances \| Board of Directors
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Service-based awards, vesting period	3 years
2006 Plan
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Plan termination date	Apr. 12, 2016
Unexercised vested options, exercisable period	60 days
2006 Plan \| One Time Grant
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Service-based awards, vesting period	2 years
2013 Plan
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of shares available for grant equity awards	4,968,793

Exercise Price of Service-Based Stock Options Granted (Detail) - $ / shares	12 Months Ended
	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Options granted, exercise price lower range	$ 80.91	$ 54.11	$ 45.78
Options granted, exercise price upper range	$ 110.50	$ 83.83	$ 55.75

Non-Cash Stock Compensation Expense (Detail) - USD ($)
$ in Thousands

12 Months Ended

Feb. 03, 2018

Jan. 28, 2017

Jan. 30, 2016

Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]

Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]

^[1]

$ 27,034

$ 15,953

$ 11,161

Restricted Stock Grants

Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]

^[2]

15,864

8,816

6,136

Stock Option Grants

Stock Option Modification

^[2]

11,039

6,636

3,920

Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]

Options Outstanding at Beginning of Period | shares

^[3]

$ 131

$ 501

$ 1,105

[1]	The amounts presented in the table above exclude the effect of income taxes. The tax benefit related to the Company’s non-cash stock compensation was $2.8 million, $5.6 million and $4.1 million during Fiscal 2017, Fiscal 2016 and Fiscal 2015, respectively.
[2]	Included in the line item “Selling, general and administrative expenses” in the Company’s Consolidated Statements of Income.
[3]	Represents non-cash compensation related to the May 2013 stock option modification as discussed above. Amounts are included in the line item “Stock option modification expense” in the Company’s Consolidated Statements of Income.

Non-Cash Stock Compensation Expense (Parenthetical) (Detail) - USD ($) $ in Millions	12 Months Ended
	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Non-Cash Stock Compensation tax benefit	$ 2.8	$ 5.6	$ 4.1

Stock Option Transactions (Detail)

12 Months Ended

Feb. 03, 2018

$ / shares

Number of Shares

2,646,123

Options Granted | shares

599,975

Options Exercised | shares

(568,675)

^[1]

Options Forfeited | shares

(97,592)

Options Outstanding at End of Period | shares

2,579,831

Weighted Average Exercise Price Per Share

Options Outstanding at Beginning of Period | $ / shares

$ 22.41

Options Granted | $ / shares

97.11

Options Exercised | $ / shares

16.13

^[1]

Options Forfeited | $ / shares

58.62

Options Outstanding at End of Period | $ / shares

$ 39.79

[1]	Options exercised during Fiscal 2017 had a total intrinsic value of $46.3 million.

Stock Option Transactions (Parenthetical) (Detail) $ in Millions	12 Months Ended
	Feb. 03, 2018 USD ($)
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Share based compensation option exercised total intrinsic value	$ 46.3

Information about Options to Purchase Shares (Detail) - $ / shares	12 Months Ended
	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Options granted, exercise price lower range	$ 80.91	$ 54.11	$ 45.78
Options granted, exercise price upper range	110.50	$ 83.83	$ 55.75
Options, Exercise price, average	$ 97.11
Options Outstanding, Number Outstanding	2,579,831	2,646,123
Options Exercisable, Number Exercisable	665,838
Exercise prices $0.79 - $5.02
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Options granted, exercise price lower range	$ 0.79
Options granted, exercise price upper range	$ 5.02
Options Outstanding, Number Outstanding	1,203,550
Options Outstanding, Weighted Average Remaining Contractual Life (Years)	5 years 2 months 12 days
Options Exercisable, Number Exercisable	439,050
Options Exercisable, Weighted Average Remaining Contractual Life (Years)	4 years 10 months 24 days
Exercise price $26.96
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Options, Exercise price, average	$ 26.96
Options Outstanding, Number Outstanding	1,376,281
Options Outstanding, Weighted Average Remaining Contractual Life (Years)	8 years 3 months 18 days
Options Exercisable, Number Exercisable	226,788
Options Exercisable, Weighted Average Remaining Contractual Life (Years)	7 years 4 months 24 days

Stock Options Vested and Expected to Vest (Detail) $ / shares in Units, $ in Millions	12 Months Ended
	Feb. 03, 2018 USD ($) $ / shares shares
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Vested and expected to vest, Options \| shares	2,579,831
Vested and expected to vest, Weighted Average Remaining Contractual Life (Years)	6 years 10 months 24 days
Vested and expected to vest, Weighted Average Exercise Price \| $ / shares	$ 39.79
Vested and expected to vest, Aggregate Intrinsic Value \| $	$ 196.0

Weighted Average Assumptions Used to Estimate Fair Value of Stock Option (Detail)	12 Months Ended
	Feb. 03, 2018 $ / shares
Share Based Compensation Arrangement Assumptions Used To Estimate Fair Values Of Share Options Granted [Line Items]
Risk-free interest rate, minimum	1.43%
Risk-free interest rate, maximum	2.13%
Expected volatility, minimum	34.00%
Expected volatility, maximum	37.00%
Contractual life (years)	10 years
Expected dividend yield	0.00%
Weighted average grant date fair value of options issued	$ 36.33
Minimum
Share Based Compensation Arrangement Assumptions Used To Estimate Fair Values Of Share Options Granted [Line Items]
Expected life (years)	6 years 1 month 24 days
Maximum
Share Based Compensation Arrangement Assumptions Used To Estimate Fair Values Of Share Options Granted [Line Items]
Expected life (years)	6 years 3 months

Award Grant, Vested and Forfeiture Transactions (Detail) - Non Vested Restricted Stock

12 Months Ended

Feb. 03, 2018

$ / shares

Number of Shares

Non-Vested Awards Outstanding at Beginning of Period | shares

744,634

Awards Granted | shares

232,611

Awards Vested | shares

(195,088)

^[1]

Awards Forfeited | shares

(33,263)

Non-Vested Awards Outstanding at End of Period | shares

748,894

Weighted Average Grant Date Fair Value Per Awards

Non-Vested Awards Outstanding at Beginning of Period | $ / shares

$ 54.28

Awards Granted | $ / shares

95.17

Awards Vested | $ / shares

52.79

^[1]

Awards Forfeited | $ / shares

63.53

Non-Vested Awards Outstanding at End of Period | $ / shares

$ 66.99

[1]	Restricted stock awards vested during Fiscal 2017 had a total intrinsic value of $20.2 million.

Award Grant, Vested and Forfeiture Transactions (Parenthetical) (Detail) $ in Millions	12 Months Ended
	Feb. 03, 2018 USD ($)
Restricted Stock Issuances
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share based compensation awards vested total intrinsic value	$ 20.2

Lease Commitments - Additional Information (Detail) $ in Millions	12 Months Ended
	Feb. 03, 2018 USD ($)
Leases [Abstract]
Operating and capital leases, expiration period	30 years
Future minimum sublease rental income	$ 34.2

Future Minimum Lease Payments (Detail)
$ in Thousands

Feb. 03, 2018

USD ($)

Operating Leases

2018

$ 349,994

^[1]

2019

363,038

^[1]

2020

341,244

^[1]

2021

317,898

^[1]

2022

299,601

^[1]

Thereafter

1,320,174

^[1]

Total minimum lease payments

2,991,949

^[1]

Capital Leases

4,036

3,994

3,687

4,020

4,147

11,632

Total minimum lease payments

31,516

Amount representing interest

(9,585)

Total future minimum lease payments

$ 21,931

[1]	Total future minimum lease payments include $287.9 million related to options to extend lease terms that are reasonably assured of being exercised and $530.0 million of minimum lease payments for 67 stores that the Company has committed to open or relocate.

Future Minimum Lease Payments (Parenthetical) (Detail)
$ in Thousands

Feb. 03, 2018

USD ($)

Store

Future Minimum Payments Receivable [Line Items]

Minimum lease payments

$ 2,991,949

^[1]

Other Capitalized Property Plant and Equipment

Future Minimum Payments Receivable [Line Items]

Number of stores committed to be opened | Store

Options to Extend Lease Terms

Future Minimum Payments Receivable [Line Items]

Minimum lease payments

$ 287,900

New Stores | Other Capitalized Property Plant and Equipment

Future Minimum Payments Receivable [Line Items]

Minimum lease payments

$ 530,000

[1]	Total future minimum lease payments include $287.9 million related to options to extend lease terms that are reasonably assured of being exercised and $530.0 million of minimum lease payments for 67 stores that the Company has committed to open or relocate.

Net Rent Expense (Detail) - USD ($)
$ in Thousands

12 Months Ended

Feb. 03, 2018

Jan. 28, 2017

Jan. 30, 2016

Rent expense:

Minimum rental payments

$ 340,979

$ 310,332

$ 289,169

Contingent rental payments

4,734

4,424

3,961

Straight-line rent expense

7,543

2,172

2,987

Lease incentives amortization

(32,618)

(32,112)

(28,905)

Amortization of purchased lease rights

499

680

682

Total rent expense(a)

^[1]

321,137

285,496

267,894

Less all rental income(b)

^[2]

(6,846)

(7,167)

(14,589)

Total net rent expense

$ 314,291

$ 278,329

$ 253,305

[1]	Included in the line item “Selling, general and administrative expenses” in the Company’s Consolidated Statements of Income.
[2]	Included in the line item “Other revenue” in the Company’s Consolidated Statements of Income.

Carrying Amounts And Fair Values Of Financial Instruments [Line Items]

The increases or decreases in lease payments that result from changes occurring after the inception of the lease in the factors (other than the passage of time) on which lease payments are based, except that any escalation of minimum lease payments relating to increases in construction or acquisition cost of the leased property or for increases in some measure of cost or value during the construction or preconstruction period, are excluded from contingent rentals. Contingent rentals also may include amounts for which the triggering events have not yet occurred or the specified targets for which have not yet been achieved (such as sales based percentage rent), but which events are considered probable of occurring or which specified targets are considered probable of being achieved.

+ References + Details

Employee Retirement Plans - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Compensation And Retirement Disclosure [Abstract]
401(k) Plan Match Expense	$ 8.4	$ 7.4	$ 7.1

Earnings Before Income Taxes (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Income Tax Disclosure [Abstract]
Domestic	$ 429,939	$ 330,106	$ 241,112
Foreign	(959)	3,106	(2,236)
Total income before income taxes	$ 428,980	$ 333,212	$ 238,876

Income Tax Expense (Detail) - USD ($) $ in Thousands	12 Months Ended
Income Tax Expense (Detail) - USD ($) $ in Thousands	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Current:
Federal	$ 65,824	$ 104,934	$ 71,441
State	8,824	14,957	11,044
Foreign	207	367
Subtotal	74,855	120,258	82,485
Deferred:
Federal	(40,839)	1,655	6,452
State	9,091	3,399	(543)
Foreign	1,021	(7,973)
Subtotal	(30,727)	(2,919)	5,909
Total Income Tax Expense	$ 44,128	$ 117,339	$ 88,394

Tax Rate Reconciliations (Detail)	12 Months Ended
Tax Rate Reconciliations (Detail)	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Income Tax Disclosure [Abstract]
Tax at statutory rate	33.70%	35.00%	35.00%
State income taxes, net of federal	3.00%	3.00%	3.00%
Excess tax benefit from stock compensation	(4.40%)
Tax credits	(1.40%)	(1.70%)	(2.10%)
Impact of federal tax reform	(21.10%)
Other	0.50%	(1.10%)	1.10%
Effective tax rate	10.30%	35.20%	37.00%

Income Taxes - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 02, 2019	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016	Jan. 27, 2018
Income Tax Disclosure [Line Items]
Statutory corporate income tax rate		33.70%	35.00%	35.00%
Change in reduction of effective tax rate		21.10%
One time incremental benefit		$ 93,000
Deferred tax asset for net operating loss		12,760	$ 9,096
Tax credit carryforwards		2,400			$ 2,100
Valuation allowances		8,400			7,400
Unrecognized benefits		9,100	9,200
Unrecognized benefits, affect effective tax rate		7,200	6,000
Unrecognized benefits, interest and penalties		100	400
Unrecognized benefits, interest and penalties		$ 12,100	13,800
Earliest Tax Year \| IRS
Income Tax Disclosure [Line Items]
Income tax year open to examination		2014
Latest Tax Year \| IRS
Income Tax Disclosure [Line Items]
Income tax year open to examination		2017
State and local jurisdiction
Income Tax Disclosure [Line Items]
Deferred tax asset for net operating loss		$ 10,800	7,000
Tax credit expiration period		2022
Tax credit carryforwards		$ 3,500	3,200
Valuation allowances		6,000			$ 5,300
Valuation allowance increased amount		1,000
Puerto Rico
Income Tax Disclosure [Line Items]
Deferred tax asset for net operating loss		2,000	2,100
Tax credit carryforwards		5,100	4,500
Amount of alternative minimum tax credits		$ 1,600	$ 1,300
Alternative minimum tax credits, expiration life		indefinite life
State and Puerto Rico \| Earliest Tax Year
Income Tax Disclosure [Line Items]
Income tax year open to examination		2012
State and Puerto Rico \| Latest Tax Year
Income Tax Disclosure [Line Items]
Income tax year open to examination		2017
Scenario Plan [Member]
Income Tax Disclosure [Line Items]
Statutory corporate income tax rate	21.00%
Maximum
Income Tax Disclosure [Line Items]
Statutory corporate income tax rate		35.00%
Maximum \| State and local jurisdiction
Income Tax Disclosure [Line Items]
Net operating losses subject to expiration year		2037
Minimum \| State and local jurisdiction
Income Tax Disclosure [Line Items]
Net operating losses subject to expiration year		2018
Minimum \| Puerto Rico
Income Tax Disclosure [Line Items]
Net operating losses subject to expiration year		2025

Tax Effects of Temporary Differences Included in Deferred Tax Accounts (Detail) - USD ($) $ in Thousands	Feb. 03, 2018	Jan. 28, 2017
Non-current deferred tax assets and liabilities:
Deferred rent	$ 18,926	$ 36,529
Intangibles—long-lived	48,397	83,499
Intangibles—indefinite-lived	65,748	94,624
Incidental supplies	10,207	13,744
State net operating losses (net of federal benefit)	12,760	9,096
Landlord allowances	30,057	40,699
Tax credits	5,126	4,480
Valuation allowance	(8,376)	(7,388)
Total non-current deferred tax assets and liabilities	86,040	169,922
Property and equipment basis adjustments	132,793	178,017
Other	1,429
Total non-current deferred tax assets and liabilities	258,574	369,884
Net deferred tax liability	172,534	199,962
Deferred Tax Assets Noncurrent
Non-current deferred tax assets and liabilities:
Employee benefit compensation	13,071	26,665
Inventory costs and reserves capitalized for tax purposes	7,069	11,869
Reserves	$ 7,407	34,267
Other		$ 13,705

Reconciliation of Beginning and Ending Amount of Gross Unrecognized Tax Benefits (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Income Tax Disclosure [Abstract]
Ending balance at beginning of period	$ 9,193	$ 10,578	$ 11,730
Additions for tax positions of the current year	72	117	122
Additions for tax positions of prior years	882		250
Reduction for tax positions of prior years	(973)	(1,270)	(1,524)
Lapse of statute of limitations	(101)	(232)
Ending balance at beginning of period	$ 9,073	$ 9,193	$ 10,578

Fair Values of Financial Assets and Hierarchy of Level of Inputs (Detail) - USD ($) $ in Thousands	Feb. 03, 2018	Jan. 28, 2017
Fair Value, Inputs, Level 1
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Cash equivalents (including restricted cash)	$ 28,283	$ 28,167

Fair Values of Financial Liabilities (Detail) - USD ($)
$ in Thousands

Feb. 03, 2018

Jan. 28, 2017

Long-Term Debt, Carrying Amount

^[1]

$ 1,108,913

$ 1,112,044

Long-Term Debt, Fair Value

^[1]

1,108,913

1,116,678

Senior secured term loans | Term B-5 Loans

Carrying Amounts And Fair Values Of Financial Instruments [Line Items]

Long-Term Debt, Carrying Amount

^[1]

1,108,913

Long-Term Debt, Fair Value

^[1]

$ 1,108,913

Senior secured term loans | Term B-4 Loans

Carrying Amounts And Fair Values Of Financial Instruments [Line Items]

Long-Term Debt, Carrying Amount

^[1]

1,112,044

Long-Term Debt, Fair Value

^[1]

$ 1,116,678

[1]	Capital lease obligations are excluded from the table above.

Fair Values of Financial Liabilities (Parenthetical) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 03, 2018	Jan. 28, 2017
Carrying Amounts And Fair Values Of Financial Instruments [Line Items]
Long-Term Debt, maturity date	Aug. 13, 2019
Term B-4 Loans \| Senior secured term loans
Carrying Amounts And Fair Values Of Financial Instruments [Line Items]
Long-Term Debt, maturity date	Aug. 13, 2021	Aug. 13, 2021
Long-Term Debt, face amount	$ 1,200,000	$ 1,200,000
Term B-4 Loans \| Senior secured term loans \| London Interbank Offered Rate Floor
Carrying Amounts And Fair Values Of Financial Instruments [Line Items]
Long-Term Debt, interest rate	0.75%	0.75%
Term B-4 Loans \| Senior secured term loans \| London Interbank Offered Rate (LIBOR)
Carrying Amounts And Fair Values Of Financial Instruments [Line Items]
Long-Term Debt, interest rate	2.75%	2.75%
Term B-5 Loans \| Senior secured term loans
Carrying Amounts And Fair Values Of Financial Instruments [Line Items]
Long-Term Debt, maturity date	Nov. 17, 2024	Nov. 17, 2024
Long-Term Debt, face amount	$ 1,200,000	$ 1,200,000
Term B-5 Loans \| Senior secured term loans \| London Interbank Offered Rate Floor
Carrying Amounts And Fair Values Of Financial Instruments [Line Items]
Long-Term Debt, interest rate	0.75%	0.75%
Term B-5 Loans \| Senior secured term loans \| London Interbank Offered Rate (LIBOR)
Carrying Amounts And Fair Values Of Financial Instruments [Line Items]
Long-Term Debt, interest rate	2.50%	2.50%

Commitments and Contingencies - Additional Information (Detail) - USD ($) $ in Millions	Feb. 03, 2018	Jan. 28, 2017	Nov. 30, 2005
Commitments And Contingencies Disclosure [Line Items]
Letters of credit, outstanding amount	$ 60.0	$ 53.1
Purchase commitments related to goods or services	854.4
Death benefits			$ 1.0
Guarantee Performance Under Insurance And Utility Agreement
Commitments And Contingencies Disclosure [Line Items]
Letters of credit, outstanding amount	51.9	44.2
Merchandising Agreement
Commitments And Contingencies Disclosure [Line Items]
Letters of credit, outstanding amount	8.1	8.9
Letter of Credit
Commitments And Contingencies Disclosure [Line Items]
Letters of credit, outstanding amount	$ 455.8	$ 427.8

Quarterly Result (Detail) - USD ($)
$ / shares in Units, $ in Thousands

3 Months Ended

12 Months Ended

Feb. 03, 2018

^[1]

Oct. 28, 2017

Jul. 29, 2017

Apr. 29, 2017

Jan. 28, 2017

Oct. 29, 2016

Jul. 30, 2016

Apr. 30, 2016

Feb. 03, 2018

Jan. 28, 2017

Jan. 30, 2016

Quarterly Financial Information Disclosure [Abstract]

Net sales

$ 1,936,829

$ 1,438,167

$ 1,363,224

$ 1,346,546

$ 1,685,715

$ 1,342,600

$ 1,255,053

$ 1,282,670

$ 6,084,766

$ 5,566,038

$ 5,098,932

Gross margin

^[3]

813,921

^[2]

606,439

^[2]

555,098

^[2]

550,150

^[2]

704,503

^[1]

552,742

^[1]

497,431

^[1]

513,989

^[1]

Total income before income taxes

$ 240,703

^[4]

$ 44,879

^[4]

$ 46,902

^[4]

$ 52,368

^[4]

$ 125,561

^[2]

$ 32,404

^[2]

$ 20,394

^[2]

$ 37,514

^[2]

$ 384,852

$ 215,873

$ 150,482

Net income per share—basic

Common stockholders

$ 3.58

$ 0.66

$ 0.68

$ 0.76

$ 1.80

$ 0.46

$ 0.29

$ 0.53

$ 5.64

$ 3.06

$ 2.03

Net income per share—diluted

Common stockholders

$ 3.47

$ 0.65

$ 0.66

$ 0.73

$ 1.77

$ 0.45

$ 0.28

$ 0.52

$ 5.48

$ 3.01

$ 1.99

[1]	The fiscal quarter ended February 3, 2018 consisted of 14 weeks. All other fiscal quarters presented in the table above consisted of 13 weeks.
[2]	Gross margin for the quarterly periods ended February 3, 2018 and January 28, 2017 is inclusive of gains related to inventory shortage adjustments of $1.7 million and $5.1 million, respectively, as a result of actual shortage being less than what the Company had estimated.
[3]	Gross margin is equal to net sales less cost of sales.
[4]	Net income for the quarters ended January 28, 2017 and July 30, 2016 includes $2.1 million and $1.4 million, respectively, of charges related to certain litigation matters.

Quarterly Result (Parenthetical) (Detail) - USD ($) $ in Millions	Feb. 03, 2018	Jan. 28, 2017	Jul. 30, 2016
Condensed Income Statements Captions [Line Items]
Inventory shortage adjustment	$ 1.7	$ 5.1
Song Beverly Litigation
Condensed Income Statements Captions [Line Items]
Reserves relating to legal claims		$ 2.1	$ 1.4

Balance Sheets (Detail) - USD ($) $ in Thousands	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016	Jan. 31, 2015
ASSETS:
Current assets	$ 1,100,433	$ 928,324
Total assets	2,812,829	2,574,483
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)
Current liabilities	1,119,631	996,834
Commitments and contingencies
Total stockholders' equity (deficit)	86,774	(49,812)	$ (99,022)	$ (65,951)
Total liabilities and stockholders’ equity (deficit)	2,812,829	2,574,483
Parent Company
ASSETS:
Current assets	144	47
Investment in subsidiaries	86,630	0
Total assets	86,774	47
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)
Current liabilities	0	0
Negative investment in subsidiaries	0	49,859
Commitments and contingencies
Total stockholders' equity (deficit)	86,774	(49,812)
Total liabilities and stockholders’ equity (deficit)	$ 86,774	$ 47

Statements of Income (Detail) - USD ($)
$ in Thousands

3 Months Ended

12 Months Ended

Feb. 03, 2018

^[1],[2]

Oct. 28, 2017

^[1]

Jul. 29, 2017

^[1]

Apr. 29, 2017

^[1]

Jan. 28, 2017

^[3]

Oct. 29, 2016

^[3]

Jul. 30, 2016

^[3]

Apr. 30, 2016

^[3]

Feb. 03, 2018

Jan. 28, 2017

Jan. 30, 2016

REVENUES:

Total revenue

$ 6,110,043

$ 5,590,950

$ 5,129,843

COSTS AND EXPENSES:

Total costs and expenses

5,681,063

5,257,738

4,890,967

428,980

333,212

238,876

Provision for income tax

44,128

117,339

88,394

Total comprehensive income

$ 240,703

$ 44,879

$ 46,902

$ 52,368

$ 125,561

$ 32,404

$ 20,394

$ 37,514

384,852

215,873

150,482

390,156

217,674

143,234

Parent Company

REVENUES:

Total revenue

COSTS AND EXPENSES:

Income from equity investment

Total costs and expenses

Total income before income taxes

Provision for income tax

Earnings from equity investment, net of income taxes

384,852

215,873

150,482

Total comprehensive income

384,852

215,873

150,482

$ 384,852

$ 215,873

$ 150,482

[1]	Net income for the quarters ended January 28, 2017 and July 30, 2016 includes $2.1 million and $1.4 million, respectively, of charges related to certain litigation matters.
[2]	The fiscal quarter ended February 3, 2018 consisted of 14 weeks. All other fiscal quarters presented in the table above consisted of 13 weeks.
[3]	Gross margin for the quarterly periods ended February 3, 2018 and January 28, 2017 is inclusive of gains related to inventory shortage adjustments of $1.7 million and $5.1 million, respectively, as a result of actual shortage being less than what the Company had estimated.

Statements of Cash Flows (Detail) - USD ($) $ in Thousands	12 Months Ended
Statements of Cash Flows (Detail) - USD ($) $ in Thousands	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
OPERATING ACTIVITIES:
Net cash provided by operations	$ 607,250	$ 615,916	$ 339,402
INVESTING ACTIVITIES:
Net cash (used in) investing activities	(262,208)	(180,351)	(194,732)
FINANCING ACTIVITIES:
Purchase of treasury shares	(289,777)	(202,371)	(201,670)
Proceeds from stock option exercises	9,173	4,484	2,100
Net cash (used in) financing activities	(293,353)	(374,883)	(149,104)
Increase (decrease) in cash and cash equivalents	51,689	60,682	(4,434)
Cash and cash equivalents at beginning of period	81,597	20,915	25,349
Cash and cash equivalents at end of period	133,286	81,597	20,915
Parent Company
OPERATING ACTIVITIES:
Net cash provided by operations	0	0	0
INVESTING ACTIVITIES:
Receipt of dividends	0	0	0
Net cash (used in) investing activities	0	0	0
FINANCING ACTIVITIES:
Purchase of treasury shares	(289,777)	(202,371)	(201,670)
Intercompany financing transactions	280,701	197,910	198,090
Proceeds from stock option exercises	9,173	4,484	2,100
Net cash (used in) financing activities	97	23	(1,480)
Increase (decrease) in cash and cash equivalents	97	23	(1,480)
Cash and cash equivalents at beginning of period	47	24	1,504
Cash and cash equivalents at end of period	$ 144	$ 47	$ 24

Condensed Financial Information Registrant - Additional Information (Detail) - USD ($)
$ in Thousands

12 Months Ended

Aug. 13, 2014

Feb. 03, 2018

Jan. 28, 2017

Jan. 30, 2016

Condensed Financial Statements Captions [Line Items]

Condensed Financial Statements Captions [Line Items]

^[1]

$ 27,034

$ 15,953

$ 11,161

Parent Company

Line of Credit Facility, maximum consolidated secured leverage ratio

350.00%