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Document and Entity Information	9 Months Ended
Document and Entity Information	Oct. 28, 2017 shares
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Oct. 28, 2017
Document Fiscal Year Focus	2017
Document Fiscal Period Focus	Q3
Trading Symbol	BURL
Entity Registrant Name	BURLINGTON STORES, INC.
Entity Central Index Key	0001579298
Current Fiscal Year End Date	--02-03
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding	68,247,877

Condensed Consolidated Statements of Income (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 28, 2017	Oct. 29, 2016	Oct. 28, 2017	Oct. 29, 2016
REVENUES:
Net sales	$ 1,438,167	$ 1,342,600	$ 4,147,937	$ 3,880,322
Other revenue	6,405	6,447	17,834	18,324
Total revenue	1,444,572	1,349,047	4,165,771	3,898,646
COSTS AND EXPENSES:
Cost of sales	831,728	789,858	2,436,250	2,316,162
Selling, general and administrative expenses	480,194	451,072	1,338,247	1,261,559
Costs related to debt amendments				1,346
Stock option modification expense	26	106	131	520
Depreciation and amortization	50,836	46,472	147,547	136,630
Impairment charges - long-lived assets			988	109
Other income - net	(1,362)	(1,473)	(6,948)	(7,361)
Loss on extinguishment of debt				3,805
Interest expense	15,351	13,159	43,409	43,196
Total costs and expenses	1,376,773	1,299,194	3,959,624	3,755,966
Income before income tax expense	67,799	49,853	206,147	142,680
Income tax expense	22,920	17,449	61,998	52,368
Net income	$ 44,879	$ 32,404	$ 144,149	$ 90,312
Net income per common stock - basic	$ 0.66	$ 0.46	$ 2.10	$ 1.28
Net income per common stock - diluted	$ 0.65	$ 0.45	$ 2.04	$ 1.25
Weighted average number of common stock - basic	67,694	70,347	68,611	70,757
Weighted average number of common stock - diluted	69,541	71,597	70,616	72,002

Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 28, 2017	Oct. 29, 2016	Oct. 28, 2017	Oct. 29, 2016
Statement Of Income And Comprehensive Income [Abstract]
Net income	$ 44,879	$ 32,404	$ 144,149	$ 90,312
Interest rate cap contracts:
Net unrealized gains (losses) arising during the period	1,144	239	45	(3,054)
Reclassification into earnings during the period	908	442	2,654	860
Other comprehensive income (loss), net of tax:	2,052	681	2,699	(2,194)
Total comprehensive income	$ 46,931	$ 33,085	$ 146,848	$ 88,118

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Oct. 28, 2017	Jan. 28, 2017	Oct. 29, 2016
Current assets:
Cash and cash equivalents	$ 48,080	$ 81,597	$ 32,799
Restricted cash and cash equivalents	27,800	27,800	27,800
Accounts receivable—net	78,995	43,252	59,757
Merchandise inventories	903,663	701,891	822,469
Prepaid and other current assets	91,917	73,784	104,051
Total current assets	1,150,455	928,324	1,046,876
Property and equipment—net	1,111,949	1,049,447	1,040,297
Tradenames	238,000	238,000	238,000
Favorable leases—net	195,374	213,180	220,680
Goodwill	47,064	47,064	47,064
Deferred tax assets	7,939	7,973
Other assets	92,582	90,495	95,203
Total assets	2,843,363	2,574,483	2,688,120
Current liabilities:
Accounts payable	764,563	640,326	691,971
Other current liabilities	361,170	354,870	326,114
Current maturities of long term debt	1,942	1,638	1,574
Total current liabilities	1,127,675	996,834	1,019,659
Long term debt	1,294,300	1,128,843	1,303,001
Other liabilities	309,848	290,683	294,740
Deferred tax liabilities	222,073	207,935	206,124
Commitments and contingencies (Notes 2, 9 and 11)
Stockholders’ deficit:
Preferred stock, $0.0001 par value: authorized: 50,000,000 shares; no shares issued and outstanding
Common stock, $0.0001 par value: Authorized: 500,000,000 shares; Issued: 78,314,940 shares, 77,653,924 shares and 77,500,291 shares, respectively; Outstanding: 68,247,877 shares, 70,180,713 shares and 70,597,057 shares, respectively	7	7	7
Additional paid-in-capital	1,448,347	1,420,581	1,413,955
Accumulated deficit	(916,367)	(1,060,099)	(1,185,660)
Accumulated other comprehensive loss	(4,492)	(7,191)	(11,186)
Treasury stock, at cost	(638,028)	(403,110)	(352,520)
Total stockholders' deficit	(110,533)	(49,812)	(135,404)
Total liabilities and stockholders' deficit	$ 2,843,363	$ 2,574,483	$ 2,688,120

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - $ / shares	Oct. 28, 2017	Jan. 28, 2017	Oct. 29, 2016
Statement Of Financial Position [Abstract]
Preferred Stock, Par Value	$ 0.0001	$ 0.0001	$ 0.0001
Preferred Stock, Authorized	50,000,000	50,000,000	50,000,000
Preferred Stock, Issued	0	0	0
Preferred Stock, Outstanding	0	0	0
Common Stock, Par Value	$ 0.0001	$ 0.0001	$ 0.0001
Common Stock, Authorized	500,000,000	500,000,000	500,000,000
Common Stock, Shares Issued	78,314,940	77,653,924	77,500,291
Common Stock, Shares Outstanding	68,247,877	70,180,713	70,597,057

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands

9 Months Ended

Oct. 28, 2017

Oct. 29, 2016

OPERATING ACTIVITIES

Net income

$ 144,149

$ 90,312

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

Depreciation and amortization

147,547

136,630

Impairment charges - long-lived assets

988

109

Amortization of deferred financing costs

1,897

2,052

Accretion of long term debt instruments

816

670

Deferred income taxes

12,375

5,891

Non-cash loss on extinguishment of debt

3,805

Non-cash stock compensation expense

^[1]

19,655

11,634

Non-cash rent

(17,940)

(22,052)

Deferred rent incentives

33,557

17,884

Changes in assets and liabilities:

Accounts receivable

(25,894)

(13,671)

Merchandise inventories

(201,772)

(39,518)

Prepaid and other current assets

(18,513)

(37,529)

Accounts payable

125,067

88,090

Other current liabilities

(7,646)

47,510

Other long term assets and long term liabilities

581

4,187

Other operating activities

6,629

2,216

Net cash provided by operating activities

221,496

298,220

INVESTING ACTIVITIES

Cash paid for property and equipment

(192,491)

(137,643)

Proceeds from insurance recoveries related to property and equipment

3,069

Other investing activities

990

104

Net cash (used in) investing activities

(188,432)

(137,539)

FINANCING ACTIVITIES

Purchase of treasury shares

(234,918)

(151,781)

Proceeds from stock option exercises

7,696

3,919

Other financing activities

(4,559)

(5,043)

Net cash used in financing activities

(66,581)

(148,797)

(Decrease) increase in cash and cash equivalents

(33,517)

11,884

Cash and cash equivalents at beginning of period

81,597

20,915

Cash and cash equivalents at end of period

48,080

32,799

Supplemental disclosure of cash flow information:

Interest paid

36,221

40,623

Income tax payments - net

108,742

62,548

Non-cash investing activities:

Accrued purchases of property and equipment

34,466

26,045

ABL senior secured revolving facility

FINANCING ACTIVITIES

Proceeds from long term debt

1,124,300

1,286,100

Principal payments on long term debt

$ (959,100)

(1,279,200)

Senior Secured Term B-4 Loans

FINANCING ACTIVITIES

Proceeds from long term debt

1,114,208

Senior Secured Term B-3 Loans

FINANCING ACTIVITIES

Principal payments on long term debt

$ (1,117,000)

[1]

The amounts presented in the table above exclude taxes. For the three and nine month periods ended October 28, 2017, the tax benefit related to the Company’s non-cash stock compensation was approximately $2.4 million and $5.9 million, respectively. For the three and nine month periods ended October 29, 2016, the tax benefit related to the Company’s non-cash stock compensation was approximately $1.5 million and $4.3 million, respectively.

Summary of Significant Accounting Policies	9 Months Ended
Summary of Significant Accounting Policies	Oct. 28, 2017
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	1. Summary of Significant Accounting Policies Basis of Presentation As of October 28, 2017, Burlington Stores, Inc., a Delaware Corporation, and its subsidiaries (collectively, the Company), through its indirect subsidiary Burlington Coat Factory Warehouse Corporation (BCFWC), has expanded its store base to 631 retail stores, inclusive of an internet store, of which 12 remained closed as of October 28, 2017, primarily as a result of weather-related incidents as discussed below. These unaudited Condensed Consolidated Financial Statements include the accounts of Burlington Stores, Inc. and its subsidiaries. All inter-company accounts and transactions have been eliminated in consolidation. The Condensed Consolidated Financial Statements are unaudited, but in the opinion of management reflect all adjustments (which are of a normal and recurring nature) necessary for the fair presentation of the results of operations for the interim periods presented. Certain information and note disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America (GAAP) have been condensed or omitted. These Condensed Consolidated Financial Statements should be read in conjunction with the audited Consolidated Financial Statements and notes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year ended January 28, 2017 (Fiscal 2016 10-K). The balance sheet at January 28, 2017 presented herein has been derived from the audited Consolidated Financial Statements contained in the Fiscal 2016 10-K. Because the Company’s business is seasonal in nature, the operating results for the three and nine month periods ended October 28, 2017 are not necessarily indicative of results for the fiscal year. Accounting policies followed by the Company are described in Note 1 to the Fiscal 2016 10-K, “Summary of Significant Accounting Policies.” Fiscal Year The Company defines its fiscal year as the 52 or 53 week period ending on the Saturday closest to January 31. The current fiscal year ends February 3, 2018 (Fiscal 2017) and is a 53-week fiscal year. The fiscal year ended January 28, 2017 (Fiscal 2016) was 52-week fiscal year. 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 three and nine month periods ended October 28, 2017 by $0.04 and $0.20, respectively, by lowering the Company’s effective tax rate approximately 430 basis points and 730 basis points, respectively. The Company has applied the amendment relating to the presentation of the excess tax benefits on the Condensed Consolidated Statements of Cash Flows retrospectively, resulting in the reclassification of $11.7 million of excess tax benefits from cash flows from financing activities to cash flows from operating activities for the nine month period ended October 29, 2016. 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 Condensed 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,” which converges revenue recognition under U.S. 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. In August 2015, the FASB issued ASU 2015-14, 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 is in the process of determining the impact of the adoption of this guidance on its consolidated financial statements or notes thereto. 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 Company does not, however, anticipate that the new guidance will have a significant impact on its consolidated financial statements. 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 or 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 13 to the Company’s Consolidated Financial Statements included in the Fiscal 2016 10-K (entitled “Lease Commitments”) for further detail of the Company’s future minimum lease payments. This guidance is not expected, however, to have a material impact on the Company's liquidity. On August 26, 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. On November 17, 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 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 or notes thereto, it does not anticipate that the new guidance will have a significant impact on its consolidated financial statements. On January 26, 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 Condensed Consolidated Financial Statements during the three and nine month periods ended October 28, 2017, and there were no other new accounting standards or pronouncements that were issued but not yet effective as of October 28, 2017 that the Company expects to have a material impact on its financial position or results of operations upon becoming effective. Weather-Related Incidents As a result of the effects of certain weather-related incidents during the third quarter of Fiscal 2017, 80 of the Company’s stores were closed for at least one day during the quarter. The Company incurred losses of (i) $5.9 million related to the net book values of merchandise inventories, and (ii) $9.7 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 Condensed Consolidated Statements of Income, respectively, for the three and nine months ended October 28, 2017. As of October 31, 2017, the Company received approximately $11.7 million of insurance proceeds to offset some of its losses. The Company allocated $3.1 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 Condensed Consolidated Statements of Cash Flows during the nine months ended October 28, 2017. 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. The Company has recorded a $2.8 million receivable related to these losses as of October 28, 2017, 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 the Company’s Condensed Consolidated Balance Sheets.

Long Term Debt

9 Months Ended

Oct. 28, 2017

Debt Disclosure [Abstract]

Long Term Debt

2. Long Term Debt

Long term debt consists of:

	(in thousands)
	October 28,			January 28,			October 29,
	2017			2017			2016
$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	$	1,112,860		$	1,112,044		$	1,111,772
$600,000 ABL senior secured revolving facility, LIBOR plus spread based on average outstanding balance, matures on August 13, 2019		165,200			—			174,300
Capital lease obligations		22,531			23,643			23,972
Unamortized deferred financing costs		(4,349	)		(5,206	)		(5,469	)
Total debt		1,296,242			1,130,481			1,304,575
Less: current maturities		(1,942	)		(1,638	)		(1,574	)
Long term debt, net of current maturities	$	1,294,300		$	1,128,843		$	1,303,001

Term Loan Facility

At October 28, 2017 and October 29, 2016, the Company’s borrowing rate related to its senior secured term loan facility (the Term Loan Facility) was 4.0% and 3.5%, respectively.

On November 17, 2017, BCFWC entered into Amendment No. 6 (the Sixth Amendment) to the Term Loan Credit Agreement (as amended, the Amended Term Loan Credit Agreement) governing its senior secured term loan facility (the 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. The Company is required to make quarterly payments of $2.8 million on the Term B-5 Loans, due on the last fiscal day of each quarter, with the balance due upon maturity. As a result of this transaction, the Company will incur approximately a $3 million charge to loss on extinguishment of debt and approximately a $1 million charge to costs related to debt amendments in the fourth quarter of Fiscal 2017.

ABL Line of Credit

At October 28, 2017, the Company had $380.6 million available under the Second Amended and Restated Credit Agreement, dated September 2, 2011, governing BCFWC’s existing senior secured asset-based revolving credit facility (the ABL Line of Credit). The maximum borrowings under the facility during the three and nine month periods ended October 28, 2017 amounted to $235.5 million for both periods. Average borrowings during the three and nine month periods ended October 28, 2017 amounted to $147.4 million and $86.1 million, respectively, at average interest rates of 2.7% for both periods.

At October 29, 2016, the Company had $383.7 million available under the ABL Line of Credit. The maximum borrowings under the facility during the three and nine month periods ended October 29, 2016 amounted to $300.0 million and $350.0 million, respectively. Average borrowings during the three and nine month periods ended October 29, 2016 amounted to $201.4 million and $216.8 million, respectively, at average interest rates of 1.8% for both periods.

Derivative Instruments and Hedging Activities

9 Months Ended

Oct. 28, 2017

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Derivative Instruments and Hedging Activities

3. 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). As required by Topic No. 815, the Company records all derivatives on the balance sheet at fair value and adjusts to market on a quarterly basis. In addition, to comply with the provisions of ASC Topic No. 820, “Fair Value Measurements” (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.

Cash Flow Hedges of Interest Rate Risk

The Company’s objectives in using interest rate derivatives are to add stability to interest expense and to manage its exposure to interest rate movements. To accomplish these objectives, 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.

The Company did not record any hedge ineffectiveness in its earnings during the three and nine month periods ended October 28, 2017 or October 29, 2016. The Company financed the cost of the interest rate cap contracts, which will be amortized through the life of the caps. During the three and nine month periods ended October 28, 2017, the Company paid $0.8 million and $3.4 million, respectively, exclusive of $0.3 million and $1.4 million of taxes, respectively, related to the financing of these interest rate cap contracts. During the three and nine month periods ended October 29, 2016, the Company paid $0.9 million and $3.5 million, respectively, exclusive of $0.4 million and $1.4 million of taxes, respectively, related to the financing of these interest rate cap contracts. These costs are included in the line item “Accumulated other comprehensive loss” on the Company’s Condensed Consolidated Balance Sheets. The Company estimates that approximately $5.4 million will be reclassified into interest expense during the next twelve months.

As of October 28, 2017, 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 table below presents the fair value of the Company’s derivative financial instruments on a gross basis as well as their classification on the Company’s Condensed Consolidated Balance Sheets:

(in thousands)

Fair Values of Derivative Instruments

Asset Derivatives

October 28, 2017

January 28, 2017

October 29, 2016

Derivatives Designated as Hedging Instruments

Balance

Sheet

Location

Fair

Value

Balance

Sheet

Location

Fair

Value

Balance

Sheet

Location

Fair

Value

Interest rate cap contracts

Other assets

340

N/A

—

N/A

—

(in thousands)

Fair Values of Derivative Instruments

Liability Derivatives

October 28, 2017

January 28, 2017

October 29, 2016

Derivatives Designated as Hedging Instruments

Balance

Sheet

Location

Fair

Value

Balance

Sheet

Location

Fair

Value

Balance

Sheet

Location

Fair

Value

Interest rate cap contracts

Other liabilities

—

Other liabilities

3,183

Other liabilities

9,957

The following table presents the unrealized 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)
	Three Months Ended						Nine Months Ended
Interest Rate Cap Contracts:	October 28, 2017			October 29, 2016			October 28, 2017			October 29, 2016
Unrealized gains (losses), before taxes	$	1,907		$	398		$	77		$	(5,090	)
Income tax (expense) benefit		(763	)		(159	)		(32	)		2,036
Unrealized gains (losses), net of taxes	$	1,144		$	239		$	45		$	(3,054	)

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)
	Three Months Ended						Nine Months Ended
Component of Earnings:	October 28, 2017			October 29, 2016			October 28, 2017			October 29, 2016
Interest expense	$	1,513		$	738		$	4,418		$	1,434
Income tax (benefit)		(605	)		(296	)		(1,764	)		(574	)
Net income	$	908		$	442		$	2,654		$	860

Accumulated Other Comprehensive Loss

9 Months Ended

Oct. 28, 2017

Equity [Abstract]

Accumulated Other Comprehensive Loss

4. Accumulated Other Comprehensive Loss

Amounts included in accumulated other comprehensive loss are recorded net of the related income tax effects. The following table details the changes in accumulated other comprehensive loss:

	(in thousands)
	Derivative Instruments
Balance at January 28, 2017	$	(7,191	)
Unrealized gains, net of related taxes of less than $0.1 million		45
Amount reclassified into earnings, net of related taxes of $1.8 million		2,654
Balance at October 28, 2017	$	(4,492	)

Fair Value Measurements

9 Months Ended

Oct. 28, 2017

Fair Value Disclosures [Abstract]

Fair Value Measurements

5. Fair Value Measurements

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 3, “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 October 28, 2017, January 28, 2017 and October 29, 2016 are summarized below:

	(in thousands)
	Fair Value Measurements at
	October 28,		January 28,		October 29,
	2017		2017		2016
Assets:
Level 1
Cash equivalents (including restricted cash)	$	28,247	$	28,167	$	28,153

Non-financial Assets

Long-lived assets are measured at fair value on a non-recurring basis for purposes of calculating impairment using the fair value hierarchy of Topic No. 820. The fair value of the Company’s long-lived assets is generally calculated using discounted cash flows. During the nine month period ended October 28, 2017, the Company recorded impairment charges of $1.0 million, primarily related to declines in revenues and operating results for one leased store, which was fully impaired, and a decline in the appraised fair value of one of the Company’s owned stores, which was partially impaired. These costs were recorded in the line item “Impairment charges – long-lived assets” in the Company’s Condensed Consolidated Statements of Income. The fully impaired store had zero fair value as of October 28, 2017, and would be categorized as Level 3 in the fair value hierarchy described above. The table below sets forth the aggregate impairment charges and the remaining fair value, by level within the fair value hierarchy, of the partially-impaired store as of October 28, 2017:

	(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	$	—	$	247
Buildings		—		—		374		—		227
Store fixtures and equipment		—		—		9		—		203
Leasehold improvements		—		—		—		—		108
Other assets						—				203
Total	$	—	$	—	$	853	$	—	$	988

Financial Liabilities

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

	(in thousands)
	October 28, 2017				January 28, 2017				October 29, 2016
	Carrying Amount (b)		Fair Value (b)		Carrying Amount (b)		Fair Value (b)		Carrying Amount (b)		Fair Value (b)
$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	$	1,112,860	$	1,116,106	$	1,112,044	$	1,116,678	$	1,111,772	$	1,116,404
$600,000 ABL senior secured revolving facility, LIBOR plus spread based on average outstanding balance, matures on August 13, 2019(a)		165,200		165,200		—		—		174,300		174,300
Total debt	$	1,278,060	$	1,281,306	$	1,112,044	$	1,116,678	$	1,286,072	$	1,290,704

(a)	To the extent the Company has any outstanding borrowings under the ABL Line of Credit, the fair value would approximate its reported value because the interest rate is variable and reflects current market rates due to its short term nature (borrowings are typically done in 30 day increments).

(b)	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 period end dates. The estimated fair values of the Company’s debt are classified as Level 2 in the fair value hierarchy.

- Definition

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

Income Taxes

9 Months Ended

Oct. 28, 2017

Income Tax Disclosure [Abstract]

Income Taxes

6. Income Taxes

Net deferred taxes are as follows:

	(in thousands)
	October 28,		January 28,		October 29,
	2017		2017		2016
Deferred tax asset	$	7,939	$	7,973	$	—
Deferred tax liability		222,073		207,935		206,124
Net deferred tax liability	$	214,134	$	199,962	$	206,124

Deferred tax assets relate to Puerto Rico deferred tax balances that have a net future benefit for tax purposes. Deferred tax liabilities primarily relate to intangible assets and depreciation expense where the Company has a future obligation for tax purposes.

As of October 28, 2017, January 28, 2017 and October 29, 2016, valuation allowances amounted to $6.8 million, $7.4 million and $7.8 million, respectively, related to state tax net operating losses and state tax credit carry forwards. The Company believes that it is more likely than not that a portion of the benefit of these state tax net operating losses and state tax credit carry forwards will not be realized. As of October 28, 2017, the Company had $6.1 million of deferred tax assets recorded for state net operating losses, which will expire between 2017 and 2037. In addition, there was no valuation allowance required against the tax benefit associated with Puerto Rico deferred tax assets as of October 28, 2017 and January 28, 2017 compared to a full valuation allowance of $5.5 million as of October 29, 2016.

Capital Stock	9 Months Ended
Capital Stock	Oct. 28, 2017
Capital Stock [Abstract]
Capital Stock	7. Capital Stock Treasury Stock The Company accounts for treasury stock under the cost method. During the nine month period ended October 28, 2017, the Company acquired 44,660 shares of common stock from employees for approximately $4.2 million to satisfy their minimum statutory tax withholdings related to the vesting of restricted stock awards. Share Repurchase Programs On November 15, 2016, the Company’s Board of Directors authorized the repurchase of up to $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 the nine month period ended October 28, 2017, the Company repurchased 2,549,192 shares of its common stock for $230.7 million, inclusive of commissions, under these share repurchase programs. The amount repurchased during the nine month period ended October 28, 2017 was recorded in the line item “Treasury stock” on the Company’s Condensed Consolidated Balance Sheets. As of October 28, 2017, the Company had $269.0 million remaining under its share repurchase authorization. The Company is authorized to repurchase, from time to time, shares of its outstanding common stock on the open market or in privately negotiated transactions under its repurchase programs. The timing and amount of stock repurchases will depend on a variety of factors, including the market conditions as well as corporate and regulatory considerations. The share repurchase programs may be suspended, modified or discontinued at any time and the Company has no obligation to repurchase any amount of the Company’s common stock under the programs.

Net Income Per Share

9 Months Ended

Oct. 28, 2017

Earnings Per Share [Abstract]

Net Income Per Share

8. 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. The following table presents the computation of basic and diluted net income per share:

	(in thousands, except per share data)
	Three Months Ended				Nine Months Ended
	October 28,		October 29,		October 28,		October 29,
	2017		2016		2017		2016

Basic net income per share
Net income	$	44,879	$	32,404	$	144,149	$	90,312
Weighted average number of common shares – basic		67,694		70,347		68,611		70,757
Net income per common share – basic	$	0.66	$	0.46	$	2.10	$	1.28
Diluted net income per share
Net income	$	44,879	$	32,404	$	144,149	$	90,312
Shares for basic and diluted net income per share:
Weighted average number of common shares – basic		67,694		70,347		68,611		70,757
Assumed exercise of stock options and vesting of restricted stock		1,847		1,250		2,005		1,245
Weighted average number of common shares – diluted		69,541		71,597		70,616		72,002
Net income per common share – diluted	$	0.65	$	0.45	$	2.04	$	1.25

Approximately 325,000 shares and 170,000 shares were excluded from diluted net income per share for the three and nine month periods ended October 28, 2017, respectively, since their effect was anti-dilutive.

Less than 100,000 shares and approximately 105,000 shares were excluded from diluted net income per share for the three and nine month periods ended October 29, 2016, respectively, since their effect was anti-dilutive.

Stock-Based Compensation

9 Months Ended

Oct. 28, 2017

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

Stock-Based Compensation

9. Stock-Based Compensation

As of October 28, 2017, there were 4,972,757 shares of common stock available for issuance under the Company’s 2013 Omnibus Incentive Plan (the 2013 Plan). On May 17, 2017, the Company’s stockholders approved an amendment and restatement of the 2013 Plan (the Amended Plan). Among other changes, the Amended Plan includes a new method of reducing the plan’s share reserve, commonly referred to as “fungible share” counting. Under this method, restricted stock units, performance awards or other stock-based awards (collectively, Full Value Awards), reduce the share reserve at a ratio of 2 shares for every share subject to the full value award. Prior to the amendment, Full Value Awards reduced the share reserve on a 1-for-1 basis. Stock options and stock appreciation rights continue to reduce the share reserve on a 1-for-1 basis under the Amended Plan. A description of the terms and conditions of the Amended Plan is set forth in the Company’s definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission on March 31, 2017.

Non-cash stock compensation expense is as follows:

	(in thousands)
	Three Months Ended				Nine Months Ended
	October 28,		October 29,		October 28,		October 29,
Type of Non-Cash Stock Compensation	2017		2016		2017		2016
Restricted stock grants (a)	$	4,189	$	2,405	$	11,622	$	6,397
Stock option grants (a)		2,955		1,760		7,910		4,809
Stock option modification (b)		24		93		123		428
Total (c)	$	7,168	$	4,258	$	19,655	$	11,634

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

(b)

Represents non-cash compensation related to the May 2013 stock option modification. Amounts are included in the line item “Stock option modification expense” in the Company’s Condensed Consolidated Statements of Income. Refer to Note 12 to the Company’s Consolidated Financial Statements included in the Fiscal 2016 10-K (entitled “Stock-Based Compensation”) for further detail of the Company’s May 2013 stock option modification.

(c)

Stock Options

Stock option transactions during the nine month period ended October 28, 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		590,491			96.96
Options exercised (a)		(457,892	)		16.81
Options forfeited		(80,716	)		56.52
Options outstanding, October 28, 2017		2,698,006			38.65

(a)	Options exercised during the nine month period ended October 28, 2017 had a total intrinsic value of $36.0 million.

The following table summarizes information about the stock options vested and expected to vest during the contractual term as of October 28, 2017:

Options

Weighted

Average

Remaining

Contractual

Life (Years)

Weighted

Average

Exercise

Price

Aggregate

Intrinsic

Value

(in millions)

Vested and expected to vest

2,698,006

7.1

38.65

144.9

The fair value of each stock option granted during the nine month period ended October 28, 2017 was estimated using the Black Scholes option pricing model using the following assumptions:

	Nine Months Ended
	October 28,
	2017
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	$	36.28

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 the nine month period ended October 28, 2017, the expected life of the options was calculated using the simplified method. The simplified method 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 the Company’s common stock has been publicly traded.

Restricted Stock Awards

Restricted stock transactions during the nine month period ended October 28, 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		229,058			94.99
Awards vested (a)		(132,533	)		48.92
Awards forfeited		(25,934	)		59.68
Non-vested awards outstanding, October 28, 2017		815,225			66.45

(a)	Restricted stock awards vested during the nine month period ended October 28, 2017 had a total intrinsic value of $12.6 million.

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 date 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.

Other Liabilities	9 Months Ended
Other Liabilities	Oct. 28, 2017
Other Liabilities Disclosure [Abstract]
Other Liabilities	10. 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.” Deferred lease incentives are funds received or receivable from landlords used primarily to offset costs incurred for leasehold improvements and fixturing of new and remodeled 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 Condensed Consolidated Statements of Income. At October 28, 2017, January 28, 2017 and October 29, 2016, deferred lease incentives were $200.0 million, $180.9 million and $181.3 million, respectively, and are recorded in the line item “Other liabilities” on the Company’s Condensed Consolidated Balance Sheets.

Commitments and Contingencies	9 Months Ended
Commitments and Contingencies	Oct. 28, 2017
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	11. 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. Lease Agreements The Company enters into lease agreements during the ordinary course of business in order to secure favorable store locations. The Company’s minimum lease payments for all operating leases are expected to be $83.3 million for the remainder of Fiscal 2017 and $358.9 million, $349.7 million, $327.6 million, $303.5 million and $1,533.6 million for the fiscal years ended February 2, 2019, February 1, 2020, January 30, 2021, January 29, 2022 and all subsequent years thereafter, respectively. Total future minimum lease payments include $293.7 million related to options to extend lease terms that are reasonably assured of being exercised and $443.0 million of minimum lease payments for 54 stores that the Company has committed to open or relocate. Letters of Credit The Company had letter of credit arrangements with various banks in the aggregate amount of $54.2 million, $53.1 million and $42.0 million as of October 28, 2017, January 28, 2017 and October 29, 2016, respectively. Among these arrangements, as of October 28, 2017, January 28, 2017 and October 29, 2016, the Company had letters of credit in the amount of $43.6 million, $44.2 million and $31.9 million, respectively, guaranteeing performance under various insurance contracts and utility agreements. In addition, the Company had outstanding letters of credit agreements in the amounts of $10.6 million, $8.9 million and $10.1 million at October 28, 2017, January 28, 2017 and October 29, 2016, respectively, related to certain merchandising agreements. Based on the terms of the agreement governing the ABL Line of Credit, the Company had the ability to enter into letters of credit up to $380.6 million, $427.8 million and $383.7 million as of October 28, 2017, January 28, 2017 and October 29, 2016, respectively. Purchase Commitments The Company had $804.4 million of purchase commitments related to goods that were not received as of October 28, 2017. 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 Parties	9 Months Ended
Related Parties	Oct. 28, 2017
Related Party Transactions [Abstract]
Related Parties	12. Related Parties 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.

Summary of Significant Accounting Policies (Policies)	9 Months Ended
Summary of Significant Accounting Policies (Policies)	Oct. 28, 2017
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation As of October 28, 2017, Burlington Stores, Inc., a Delaware Corporation, and its subsidiaries (collectively, the Company), through its indirect subsidiary Burlington Coat Factory Warehouse Corporation (BCFWC), has expanded its store base to 631 retail stores, inclusive of an internet store, of which 12 remained closed as of October 28, 2017, primarily as a result of weather-related incidents as discussed below. These unaudited Condensed Consolidated Financial Statements include the accounts of Burlington Stores, Inc. and its subsidiaries. All inter-company accounts and transactions have been eliminated in consolidation. The Condensed Consolidated Financial Statements are unaudited, but in the opinion of management reflect all adjustments (which are of a normal and recurring nature) necessary for the fair presentation of the results of operations for the interim periods presented. Certain information and note disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America (GAAP) have been condensed or omitted. These Condensed Consolidated Financial Statements should be read in conjunction with the audited Consolidated Financial Statements and notes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year ended January 28, 2017 (Fiscal 2016 10-K). The balance sheet at January 28, 2017 presented herein has been derived from the audited Consolidated Financial Statements contained in the Fiscal 2016 10-K. Because the Company’s business is seasonal in nature, the operating results for the three and nine month periods ended October 28, 2017 are not necessarily indicative of results for the fiscal year. Accounting policies followed by the Company are described in Note 1 to the Fiscal 2016 10-K, “Summary of Significant Accounting Policies.”
Fiscal Year	Fiscal Year The Company defines its fiscal year as the 52 or 53 week period ending on the Saturday closest to January 31. The current fiscal year ends February 3, 2018 (Fiscal 2017) and is a 53-week fiscal year. The fiscal year ended January 28, 2017 (Fiscal 2016) was 52-week fiscal year.
Adopted Accounting Standards	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 three and nine month periods ended October 28, 2017 by $0.04 and $0.20, respectively, by lowering the Company’s effective tax rate approximately 430 basis points and 730 basis points, respectively. The Company has applied the amendment relating to the presentation of the excess tax benefits on the Condensed Consolidated Statements of Cash Flows retrospectively, resulting in the reclassification of $11.7 million of excess tax benefits from cash flows from financing activities to cash flows from operating activities for the nine month period ended October 29, 2016. 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 Condensed Consolidated Statements of Cash Flows since such cash flows have historically been presented as a financing activity.
Pending Accounting Standards	Pending Accounting Standards In May 2014, the FASB issued ASU 2014-09, “Revenue from Contracts with Customers,” which converges revenue recognition under U.S. 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. In August 2015, the FASB issued ASU 2015-14, 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 is in the process of determining the impact of the adoption of this guidance on its consolidated financial statements or notes thereto. 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 Company does not, however, anticipate that the new guidance will have a significant impact on its consolidated financial statements. 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 or 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 13 to the Company’s Consolidated Financial Statements included in the Fiscal 2016 10-K (entitled “Lease Commitments”) for further detail of the Company’s future minimum lease payments. This guidance is not expected, however, to have a material impact on the Company's liquidity. On August 26, 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. On November 17, 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 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 or notes thereto, it does not anticipate that the new guidance will have a significant impact on its consolidated financial statements. On January 26, 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 Condensed Consolidated Financial Statements during the three and nine month periods ended October 28, 2017, and there were no other new accounting standards or pronouncements that were issued but not yet effective as of October 28, 2017 that the Company expects to have a material impact on its financial position or results of operations upon becoming effective.
Weather-Related Incidents	Weather-Related Incidents As a result of the effects of certain weather-related incidents during the third quarter of Fiscal 2017, 80 of the Company’s stores were closed for at least one day during the quarter. The Company incurred losses of (i) $5.9 million related to the net book values of merchandise inventories, and (ii) $9.7 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 Condensed Consolidated Statements of Income, respectively, for the three and nine months ended October 28, 2017. As of October 31, 2017, the Company received approximately $11.7 million of insurance proceeds to offset some of its losses. The Company allocated $3.1 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 Condensed Consolidated Statements of Cash Flows during the nine months ended October 28, 2017. 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. The Company has recorded a $2.8 million receivable related to these losses as of October 28, 2017, 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 the Company’s Condensed Consolidated Balance Sheets.

Long Term Debt (Tables)

9 Months Ended

Oct. 28, 2017

Debt Disclosure [Abstract]

Long Term Debt

Long term debt consists of:

	(in thousands)
	October 28,			January 28,			October 29,
	2017			2017			2016
$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	$	1,112,860		$	1,112,044		$	1,111,772
$600,000 ABL senior secured revolving facility, LIBOR plus spread based on average outstanding balance, matures on August 13, 2019		165,200			—			174,300
Capital lease obligations		22,531			23,643			23,972
Unamortized deferred financing costs		(4,349	)		(5,206	)		(5,469	)
Total debt		1,296,242			1,130,481			1,304,575
Less: current maturities		(1,942	)		(1,638	)		(1,574	)
Long term debt, net of current maturities	$	1,294,300		$	1,128,843		$	1,303,001

- Definition

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

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
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-SubTopic 10
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-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21521-112644

+ Details

Derivative Instruments and Hedging Activities (Tables)

9 Months Ended

Oct. 28, 2017

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

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

(in thousands)

Fair Values of Derivative Instruments

Asset Derivatives

October 28, 2017

January 28, 2017

October 29, 2016

Derivatives Designated as Hedging Instruments

Balance

Sheet

Location

Fair

Value

Balance

Sheet

Location

Fair

Value

Balance

Sheet

Location

Fair

Value

Interest rate cap contracts

Other assets

340

N/A

—

N/A

—

(in thousands)

Fair Values of Derivative Instruments

Liability Derivatives

October 28, 2017

January 28, 2017

October 29, 2016

Derivatives Designated as Hedging Instruments

Balance

Sheet

Location

Fair

Value

Balance

Sheet

Location

Fair

Value

Balance

Sheet

Location

Fair

Value

Interest rate cap contracts

Other liabilities

—

Other liabilities

3,183

Other liabilities

9,957

Summary of Unrealized Losses Deferred to Accumulated Other Comprehensive Loss

	(in thousands)
	Three Months Ended						Nine Months Ended
Interest Rate Cap Contracts:	October 28, 2017			October 29, 2016			October 28, 2017			October 29, 2016
Unrealized gains (losses), before taxes	$	1,907		$	398		$	77		$	(5,090	)
Income tax (expense) benefit		(763	)		(159	)		(32	)		2,036
Unrealized gains (losses), net of taxes	$	1,144		$	239		$	45		$	(3,054	)

Reclassification of Losses from Accumulated Other Comprehensive Loss into Earnings

	(in thousands)
	Three Months Ended						Nine Months Ended
Component of Earnings:	October 28, 2017			October 29, 2016			October 28, 2017			October 29, 2016
Interest expense	$	1,513		$	738		$	4,418		$	1,434
Income tax (benefit)		(605	)		(296	)		(1,764	)		(574	)
Net income	$	908		$	442		$	2,654		$	860

Derivatives Designated as Hedging Instruments

Outstanding Interest Rate Derivatives in Qualifying Hedging Relationships

As of October 28, 2017, 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

- Definition

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
-URI http://asc.fasb.org/extlink&oid=84234895&loc=d3e41641-113959

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
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-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(n)(2))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

+ Details

Accumulated Other Comprehensive Loss (Tables)

9 Months Ended

Oct. 28, 2017

Equity [Abstract]

Changes in Accumulated Other Comprehensive Loss

The following table details the changes in accumulated other comprehensive loss:

	(in thousands)
	Derivative Instruments
Balance at January 28, 2017	$	(7,191	)
Unrealized gains, net of related taxes of less than $0.1 million		45
Amount reclassified into earnings, net of related taxes of $1.8 million		2,654
Balance at October 28, 2017	$	(4,492	)

Fair Value Measurements (Tables)

9 Months Ended

Oct. 28, 2017

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 October 28, 2017, January 28, 2017 and October 29, 2016 are summarized below:

	(in thousands)
	Fair Value Measurements at
	October 28,		January 28,		October 29,
	2017		2017		2016
Assets:
Level 1
Cash equivalents (including restricted cash)	$	28,247	$	28,167	$	28,153

Aggregate Impairment Charges and Remaining Fair Value by Level within Fair Value Hierarchy of Long-Lived Assets

The table below sets forth the aggregate impairment charges and the remaining fair value, by level within the fair value hierarchy, of the partially-impaired store as of October 28, 2017:

	(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	$	—	$	247
Buildings		—		—		374		—		227
Store fixtures and equipment		—		—		9		—		203
Leasehold improvements		—		—		—		—		108
Other assets						—				203
Total	$	—	$	—	$	853	$	—	$	988

Fair Values of Financial Liabilities

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

	(in thousands)
	October 28, 2017				January 28, 2017				October 29, 2016
	Carrying Amount (b)		Fair Value (b)		Carrying Amount (b)		Fair Value (b)		Carrying Amount (b)		Fair Value (b)
$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	$	1,112,860	$	1,116,106	$	1,112,044	$	1,116,678	$	1,111,772	$	1,116,404
$600,000 ABL senior secured revolving facility, LIBOR plus spread based on average outstanding balance, matures on August 13, 2019(a)		165,200		165,200		—		—		174,300		174,300
Total debt	$	1,278,060	$	1,281,306	$	1,112,044	$	1,116,678	$	1,286,072	$	1,290,704

(a)	To the extent the Company has any outstanding borrowings under the ABL Line of Credit, the fair value would approximate its reported value because the interest rate is variable and reflects current market rates due to its short term nature (borrowings are typically done in 30 day increments).

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

Income Taxes (Tables)

9 Months Ended

Oct. 28, 2017

Income Tax Disclosure [Abstract]

Net Deferred Taxes

Net deferred taxes are as follows:

	(in thousands)
	October 28,		January 28,		October 29,
	2017		2017		2016
Deferred tax asset	$	7,939	$	7,973	$	—
Deferred tax liability		222,073		207,935		206,124
Net deferred tax liability	$	214,134	$	199,962	$	206,124

Net Income Per Share (Tables)

9 Months Ended

Oct. 28, 2017

Earnings Per Share [Abstract]

Computation of Basic and Diluted Net Income per Share

The following table presents the computation of basic and diluted net income per share:

	(in thousands, except per share data)
	Three Months Ended				Nine Months Ended
	October 28,		October 29,		October 28,		October 29,
	2017		2016		2017		2016

Basic net income per share
Net income	$	44,879	$	32,404	$	144,149	$	90,312
Weighted average number of common shares – basic		67,694		70,347		68,611		70,757
Net income per common share – basic	$	0.66	$	0.46	$	2.10	$	1.28
Diluted net income per share
Net income	$	44,879	$	32,404	$	144,149	$	90,312
Shares for basic and diluted net income per share:
Weighted average number of common shares – basic		67,694		70,347		68,611		70,757
Assumed exercise of stock options and vesting of restricted stock		1,847		1,250		2,005		1,245
Weighted average number of common shares – diluted		69,541		71,597		70,616		72,002
Net income per common share – diluted	$	0.65	$	0.45	$	2.04	$	1.25

Stock-Based Compensation (Tables)

9 Months Ended

Oct. 28, 2017

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

Non-Cash Stock Compensation Expense

Non-cash stock compensation expense is as follows:

	(in thousands)
	Three Months Ended				Nine Months Ended
	October 28,		October 29,		October 28,		October 29,
Type of Non-Cash Stock Compensation	2017		2016		2017		2016
Restricted stock grants (a)	$	4,189	$	2,405	$	11,622	$	6,397
Stock option grants (a)		2,955		1,760		7,910		4,809
Stock option modification (b)		24		93		123		428
Total (c)	$	7,168	$	4,258	$	19,655	$	11,634

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

(b)

(c)

Stock Option Transactions

Stock option transactions during the nine month period ended October 28, 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		590,491			96.96
Options exercised (a)		(457,892	)		16.81
Options forfeited		(80,716	)		56.52
Options outstanding, October 28, 2017		2,698,006			38.65

(a)	Options exercised during the nine month period ended October 28, 2017 had a total intrinsic value of $36.0 million.

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 as of October 28, 2017:

Options

Weighted

Average

Remaining

Contractual

Life (Years)

Weighted

Average

Exercise

Price

Aggregate

Intrinsic

Value

(in millions)

Vested and expected to vest

2,698,006

7.1

38.65

144.9

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

The fair value of each stock option granted during the nine month period ended October 28, 2017 was estimated using the Black Scholes option pricing model using the following assumptions:

	Nine Months Ended
	October 28,
	2017
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	$	36.28

Award Grant and Vesting Transactions

Restricted stock transactions during the nine month period ended October 28, 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		229,058			94.99
Awards vested (a)		(132,533	)		48.92
Awards forfeited		(25,934	)		59.68
Non-vested awards outstanding, October 28, 2017		815,225			66.45

(a)	Restricted stock awards vested during the nine month period ended October 28, 2017 had a total intrinsic value of $12.6 million.

Summary of Significant Accounting Policies - Additional Information (Detail) $ / shares in Units, $ in Millions		3 Months Ended	9 Months Ended
	Oct. 31, 2017 USD ($)	Oct. 28, 2017 USD ($) Store $ / shares	Oct. 28, 2017 USD ($) Store $ / shares	Oct. 29, 2016 USD ($)	Jan. 29, 2017 USD ($)
Summary Of Significant Accounting Policies [Line Items]
Number of stores \| Store		631	631
Increased net income per share \| $ / shares		$ 0.04	$ 0.20
Effective tax rate of basis points		4.30%	7.30%
Reclassification of excess of tax benefits				$ 11.7
Cumulative-effect adjustment to retained earnings					$ 0.4
ASU 2015-14 \| Stores \| Minimum
Summary Of Significant Accounting Policies [Line Items]
Percentage of revenue recognized			99.00%
Weather Related Incidents
Summary Of Significant Accounting Policies [Line Items]
Number of stores remained closed \| Store		12	12
Number of stores closed at least one day \| Store		80
Insurance receivable related to losses		$ 2.8	$ 2.8
Weather Related Incidents \| Subsequent Event
Summary Of Significant Accounting Policies [Line Items]
Insurance proceeds	$ 11.7
Weather Related Incidents \| Merchandise Inventories
Summary Of Significant Accounting Policies [Line Items]
Losses incurred related to significant damage to assets written-off		5.9
Weather Related Incidents \| Property and Equipment and Other Long-lived Assets, Repair and Maintenance Costs
Summary Of Significant Accounting Policies [Line Items]
Losses incurred related to significant damage to assets written-off		$ 9.7
Weather Related Incidents \| Property and Equipment \| Subsequent Event
Summary Of Significant Accounting Policies [Line Items]
Insurance proceeds	$ 3.1

Long-Term Debt (Detail) - USD ($) $ in Thousands	Oct. 28, 2017	Jan. 28, 2017	Oct. 29, 2016
Debt Instrument [Line Items]
Capital lease obligations	$ 22,531	$ 23,643	$ 23,972
Unamortized deferred financing costs	(4,349)	(5,206)	(5,469)
Total debt	1,296,242	1,130,481	1,304,575
Less: current maturities	(1,942)	(1,638)	(1,574)
Long term debt, net of current maturities	1,294,300	1,128,843	1,303,001
Senior Secured Term B-4 Loans
Debt Instrument [Line Items]
Long Term Debt	1,112,860	$ 1,112,044	1,111,772
ABL senior secured revolving facility
Debt Instrument [Line Items]
Long Term Debt	$ 165,200		$ 174,300

Long-Term Debt (Parenthetical) (Detail) - USD ($) $ in Thousands	9 Months Ended		12 Months Ended
	Oct. 28, 2017	Oct. 29, 2016	Jan. 28, 2017
Senior Secured Term B-4 Loans
Debt Instrument [Line Items]
Long-Term Debt, maturity date	Aug. 13, 2021	Aug. 13, 2021	Aug. 13, 2021
Long-Term Debt, face amount	$ 1,200,000	$ 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	Aug. 13, 2019
Long-Term Debt, face amount	$ 600,000	$ 600,000	$ 600,000
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%
London Interbank Offered Rate (LIBOR) \| Senior Secured Term B-4 Loans
Debt Instrument [Line Items]
Long-Term Debt, interest rate	2.75%	2.75%	2.75%

Long-Term Debt - Additional Information (Detail) - USD ($)			3 Months Ended			9 Months Ended		12 Months Ended
	Nov. 17, 2017	Nov. 16, 2017	Feb. 03, 2018	Oct. 28, 2017	Oct. 29, 2016	Oct. 28, 2017	Oct. 29, 2016	Jan. 28, 2017
Debt Instrument [Line Items]
Loss on extinguishment of debt							$ 3,805,000
Costs related to debt amendments							$ 1,346,000
Senior Secured Term Loan Facilities
Debt Instrument [Line Items]
Borrowing, interest rate				4.00%	3.50%	4.00%	3.50%
Senior Secured Term B-4 Loans
Debt Instrument [Line Items]
Debt instrument maturity date						Aug. 13, 2021	Aug. 13, 2021	Aug. 13, 2021
Senior Secured Term B-4 Loans \| London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Line of Credit Facility, interest rate						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%
Senior Secured Term B-4 Loans \| Subsequent Event
Debt Instrument [Line Items]
Line of Credit Facility, amount outstanding	$ 1,117,000,000
Senior Secured Term B-4 Loans \| Subsequent Event \| Prime Rate
Debt Instrument [Line Items]
Line of Credit Facility, interest rate	1.50%	1.75%
Senior Secured Term B-4 Loans \| Subsequent Event \| London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Line of Credit Facility, interest rate	2.50%	2.75%
Senior Secured Term B-4 Loans \| Subsequent Event \| London Interbank Offered Rate Floor
Debt Instrument [Line Items]
Line of Credit Facility, interest rate	0.75%
Senior Secured Term B-5 Loan \| Scenario, Forecast
Debt Instrument [Line Items]
Loss on extinguishment of debt			$ 3,000,000
Costs related to debt amendments			$ 1,000,000
Senior Secured Term B-5 Loan \| Subsequent Event
Debt Instrument [Line Items]
Debt instrument maturity date	Nov. 17, 2024
Debt instrument frequency of periodic payments	quarterly
Debt instrument periodic payments	$ 2,800,000
ABL senior secured revolving facility
Debt Instrument [Line Items]
Debt instrument maturity date						Aug. 13, 2019	Aug. 13, 2019	Aug. 13, 2019
Line of Credit Facility, amount available				$ 380,600,000	$ 383,700,000	$ 380,600,000	$ 383,700,000
Line of Credit Facility, maximum amount outstanding during period				235,500,000	300,000,000	235,500,000	350,000,000
Line of Credit Facility, Average borrowings				$ 147,400,000	$ 201,400,000	$ 86,100,000	$ 216,800,000
Line of Credit Facility, Average interest rate				2.70%	1.80%	2.70%	1.80%

Derivative Instruments And Hedging Activities - Additional Information (Detail) - Interest rate cap - USD ($)	3 Months Ended		9 Months Ended
	Oct. 28, 2017	Oct. 29, 2016	Oct. 28, 2017	Oct. 29, 2016
Derivative [Line Items]
Ineffective portion of change in fair value of derivatives	$ 0	$ 0	$ 0	$ 0
Amount related to interest rate cap contracts	800,000	900,000	3,400,000	3,500,000
Amount related to interest rate cap contracts, taxes	300,000	$ 400,000	1,400,000	$ 1,400,000
Amounts reported in Accumulated Other Comprehensive Loss to be reclassified to interest expense, during the next twelve months	$ 5,400,000		$ 5,400,000

Outstanding Interest Rate Derivatives in Qualifying Hedging Relationships (Detail) - Cash Flow Hedging - Derivatives Designated as Hedging Instruments - Interest Rate Cap Contract One	9 Months Ended
	Oct. 28, 2017 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	Oct. 28, 2017	Jan. 28, 2017	Oct. 29, 2016
Other Assets
Derivatives, Fair Value [Line Items]
Derivative Designated as Hedging Instruments Interest Rate Cap Contracts, Asset at Fair Value	$ 340
Other Liabilities
Derivatives, Fair Value [Line Items]
Derivative Designated as Hedging Instruments Interest Rate Cap Contracts, Liability at Fair Value		$ 3,183	$ 9,957

Summary of Unrealized Losses Deferred to Accumulated Other Comprehensive Loss (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 28, 2017	Oct. 29, 2016	Oct. 28, 2017	Oct. 29, 2016
Derivative Instruments Gain Loss [Line Items]
Unrealized gains (losses), net of taxes	$ 1,144	$ 239	$ 45	$ (3,054)
Derivatives Designated as Hedging Instruments \| Interest rate cap
Derivative Instruments Gain Loss [Line Items]
Unrealized gains (losses), before taxes	1,907	398	77	(5,090)
Income tax (expense) benefit	(763)	(159)	(32)	2,036
Unrealized gains (losses), net of taxes	$ 1,144	$ 239	$ 45	$ (3,054)

Reclassification of Losses from Accumulated Other Comprehensive Loss into Earnings (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 28, 2017	Oct. 29, 2016	Oct. 28, 2017	Oct. 29, 2016
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income On Derivatives [Line Items]
Interest expense	$ (15,351)	$ (13,159)	$ (43,409)	$ (43,196)
Income tax (benefit)	(22,920)	(17,449)	(61,998)	(52,368)
Net income	44,879	32,404	144,149	90,312
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
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income On Derivatives [Line Items]
Interest expense	1,513	738	4,418	1,434
Income tax (benefit)	(605)	(296)	(1,764)	(574)
Net income	$ 908	$ 442	$ 2,654	$ 860

Changes in Accumulated Other Comprehensive Loss (Detail) $ in Thousands	9 Months Ended
	Oct. 28, 2017 USD ($)
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance at beginning of period	$ (49,812)
Balance at end of period	(110,533)
Derivative Instruments
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance at beginning of period	(7,191)
Unrealized gains, net of related taxes of less than $0.1 million	45
Amount reclassified into earnings, net of related taxes of $1.8 million	2,654
Balance at end of period	$ (4,492)

Changes in Accumulated Other Comprehensive Loss (Parenthetical) (Detail) - Derivative Instruments $ in Millions	9 Months Ended
	Oct. 28, 2017 USD ($)
Accumulated Other Comprehensive Income (Loss) [Line Items]
Amount reclassified into earnings on Interest Rate Cap Contracts, Tax	$ 1.8
Maximum
Accumulated Other Comprehensive Income (Loss) [Line Items]
Unrealized gains on Interest Rate Cap Contracts, Tax	$ 0.1

Fair Values of Financial Assets and Hierarchy of Level of Inputs (Detail) - USD ($) $ in Thousands	Oct. 28, 2017	Jan. 28, 2017	Oct. 29, 2016
Fair Value, Inputs, Level 1
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Cash equivalents (including restricted cash)	$ 28,247	$ 28,167	$ 28,153

Fair Value Measurements - Additional Information (Detail) - USD ($)	9 Months Ended
	Oct. 28, 2017	Oct. 29, 2016
Fair Value Disclosures [Abstract]
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 Topic No. 820. The fair value of the Company’s long-lived assets is generally calculated using discounted cash flows.
Impairment charges - long-lived assets	$ 988,000	$ 109,000
Long-lived assets fair value	$ 0

Aggregate Impairment Charges and Remaining Fair Value by Level within Fair Value Hierarchy of Long-Lived Assets (Detail) - USD ($)	9 Months Ended
	Oct. 28, 2017	Oct. 29, 2016
Carrying Amounts And Fair Values Of Financial Instruments [Line Items]
Long-Lived assets fair value, Total	$ 0
Total Impairment Losses	988,000	$ 109,000
Significant Un-Observable Inputs (Level 3)
Carrying Amounts And Fair Values Of Financial Instruments [Line Items]
Long-Lived assets fair value, Total	853,000
Land
Carrying Amounts And Fair Values Of Financial Instruments [Line Items]
Total Impairment Losses	247,000
Land \| Significant Un-Observable Inputs (Level 3)
Carrying Amounts And Fair Values Of Financial Instruments [Line Items]
Long-Lived assets fair value, Total	470,000
Buildings
Carrying Amounts And Fair Values Of Financial Instruments [Line Items]
Total Impairment Losses	227,000
Buildings \| Significant Un-Observable Inputs (Level 3)
Carrying Amounts And Fair Values Of Financial Instruments [Line Items]
Long-Lived assets fair value, Total	374,000
Store fixtures and equipment
Carrying Amounts And Fair Values Of Financial Instruments [Line Items]
Total Impairment Losses	203,000
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	9,000
Leasehold improvements
Carrying Amounts And Fair Values Of Financial Instruments [Line Items]
Total Impairment Losses	108,000
Other assets
Carrying Amounts And Fair Values Of Financial Instruments [Line Items]
Total Impairment Losses	$ 203,000

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

Oct. 28, 2017

Jan. 28, 2017

Oct. 29, 2016

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

Long-Term Debt, Carrying Amount

^[1]

$ 1,278,060

$ 1,112,044

$ 1,286,072

Long-Term Debt, Fair Value

^[1]

1,281,306

1,116,678

1,290,704

ABL senior secured revolving facility

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

Long-Term Debt, Carrying Amount

^[1],[2]

165,200

174,300

Long-Term Debt, Fair Value

^[1],[2]

165,200

174,300

Senior secured term loans | Term B-4 Loans

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

Long-Term Debt, Carrying Amount

^[1]

1,112,860

1,112,044

1,111,772

Long-Term Debt, Fair Value

^[1]

$ 1,116,106

$ 1,116,678

$ 1,116,404

[1]	Capital lease obligations are excluded from the table above.
[2]	To the extent the Company has any outstanding borrowings under the ABL Line of Credit, the fair value would approximate its reported value because the interest rate is variable and reflects current market rates due to its short term nature (borrowings are typically done in 30 day increments).

Fair Values of Financial Liabilities (Parenthetical) (Detail) - USD ($) $ in Thousands	9 Months Ended		12 Months Ended
	Oct. 28, 2017	Oct. 29, 2016	Jan. 28, 2017
Carrying Amounts And Fair Values Of Financial Instruments [Line Items]
Borrowings increments number of days	30 days
ABL senior secured revolving facility
Carrying Amounts And Fair Values Of Financial Instruments [Line Items]
Long-Term Debt, maturity date	Aug. 13, 2019	Aug. 13, 2019	Aug. 13, 2019
Long-Term Debt, face amount	$ 600,000	$ 600,000	$ 600,000
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	Aug. 13, 2021
Long-Term Debt, face amount	$ 1,200,000	$ 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%	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%	2.75%

Net Deferred Taxes (Detail) - USD ($) $ in Thousands	Oct. 28, 2017	Jan. 28, 2017	Oct. 29, 2016
Income Tax Disclosure [Abstract]
Deferred tax asset	$ 7,939	$ 7,973
Deferred tax liability	222,073	207,935	$ 206,124
Net deferred tax liability	$ 214,134	$ 199,962	$ 206,124

Income Taxes - Additional Information (Detail) - USD ($)	9 Months Ended
	Oct. 28, 2017	Jan. 28, 2017	Oct. 29, 2016
Income Tax Disclosure [Line Items]
Valuation allowances	$ 6,800,000	$ 7,400,000	$ 7,800,000
State and local jurisdiction
Income Tax Disclosure [Line Items]
Deferred tax asset for net operating loss	$ 6,100,000
State and local jurisdiction \| Minimum
Income Tax Disclosure [Line Items]
Net operating losses subject to expiration year	2017
State and local jurisdiction \| Maximum
Income Tax Disclosure [Line Items]
Net operating losses subject to expiration year	2037
Puerto Rico
Income Tax Disclosure [Line Items]
Valuation allowances	$ 0	$ 0	$ 5,500,000

Capital Stock - Additional Information (Detail) - USD ($)		9 Months Ended
	Aug. 16, 2017	Oct. 28, 2017	Nov. 15, 2016
Statement Equity Components [Line Items]
Shares Used for Tax Withholdings (in shares)		44,660
Shares Used for Tax Withholdings		$ 4,200,000
2017 Stock Repurchase Program
Statement Equity Components [Line Items]
Stock repurchase program, authorized amount	$ 300,000,000		$ 200,000,000
Stock repurchase program, authorized execution month and year	2019-08
Common stock repurchased, shares		2,549,192
Common stock repurchased, value		$ 230,700,000
Remaining authorized repurchase amount		$ 269,000,000

Computation of Basic and Diluted Net Income per Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 28, 2017	Oct. 29, 2016	Oct. 28, 2017	Oct. 29, 2016
Basic net income per share
Net income	$ 44,879	$ 32,404	$ 144,149	$ 90,312
Weighted average number of common shares – basic	67,694	70,347	68,611	70,757
Net income per common share – basic	$ 0.66	$ 0.46	$ 2.10	$ 1.28
Diluted net income per share
Net income	$ 44,879	$ 32,404	$ 144,149	$ 90,312
Weighted average number of common shares – basic	67,694	70,347	68,611	70,757
Assumed exercise of stock options and vesting of restricted stock	1,847	1,250	2,005	1,245
Weighted average number of common shares – diluted	69,541	71,597	70,616	72,002
Net income per common share – diluted	$ 0.65	$ 0.45	$ 2.04	$ 1.25

Net Income Per Share - Additional Information (Detail) - shares	3 Months Ended		9 Months Ended
	Oct. 28, 2017	Oct. 29, 2016	Oct. 28, 2017	Oct. 29, 2016
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Anti-dilutive shares excluded from diluted net income per share	325,000		170,000	105,000
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) - 2013 Plan - shares		9 Months Ended
	May 17, 2017	Oct. 28, 2017
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of shares available for grant equity awards		4,972,757
Shares reserve at ratio for every share	2
Stock conversion basis		1-for-1 basis
Stock options and stock appreciation rights description		Stock options and stock appreciation rights continue to reduce the share reserve on a 1-for-1 basis under the Amended Plan.

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

3 Months Ended

9 Months Ended

Oct. 28, 2017

Oct. 29, 2016

Oct. 28, 2017

Oct. 29, 2016

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

Non-Cash Stock Compensation

^[1]

$ 7,168

$ 4,258

$ 19,655

$ 11,634

Restricted Stock Grants

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

Non-Cash Stock Compensation

^[2]

4,189

2,405

11,622

6,397

Stock Option Grants

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

Non-Cash Stock Compensation

^[2]

2,955

1,760

7,910

4,809

Stock Option Modification

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

Non-Cash Stock Compensation

^[3]

$ 24

$ 93

$ 123

$ 428

[1]	The amounts presented in the table above exclude taxes. For the three and nine month periods ended October 28, 2017, the tax benefit related to the Company’s non-cash stock compensation was approximately $2.4 million and $5.9 million, respectively. For the three and nine month periods ended October 29, 2016, the tax benefit related to the Company’s non-cash stock compensation was approximately $1.5 million and $4.3 million, respectively.
[2]	Included in the line item “Selling, general and administrative expenses” in the Company’s Condensed Consolidated Statements of Income.
[3]	Represents non-cash compensation related to the May 2013 stock option modification. Amounts are included in the line item “Stock option modification expense” in the Company’s Condensed Consolidated Statements of Income. Refer to Note 12 to the Company’s Consolidated Financial Statements included in the Fiscal 2016 10-K (entitled “Stock-Based Compensation”) for further detail of the Company’s May 2013 stock option modification.

Non-Cash Stock Compensation Expense (Parenthetical) (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Oct. 28, 2017	Oct. 29, 2016	Oct. 28, 2017	Oct. 29, 2016
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Non-Cash Stock Compensation tax benefit	$ 2.4	$ 1.5	$ 5.9	$ 4.3

Stock Option Transactions (Detail)

9 Months Ended

Oct. 28, 2017

$ / shares

Number of Shares

Options Outstanding at Beginning of Period | shares

2,646,123

Options Granted | shares

590,491

Options Exercised | shares

(457,892)

^[1]

Options Forfeited | shares

(80,716)

Options Outstanding at End of Period | shares

2,698,006

Weighted Average Exercise Price Per Share

Options Outstanding at Beginning of Period | $ / shares

$ 22.41

Options Granted | $ / shares

96.96

Options Exercised | $ / shares

16.81

^[1]

Options Forfeited | $ / shares

56.52

Options Outstanding at End of Period | $ / shares

$ 38.65

[1]	Options exercised during the nine month period ended October 28, 2017 had a total intrinsic value of $36.0 million.

Stock Option Transactions (Parenthetical) (Detail) $ in Millions	9 Months Ended
	Oct. 28, 2017 USD ($)
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Share based compensation option exercised total intrinsic value	$ 36.0

Stock Options Vested and Expected to Vest (Detail) $ / shares in Units, $ in Millions	9 Months Ended
	Oct. 28, 2017 USD ($) $ / shares shares
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Options, vested and expected to vest \| shares	2,698,006
Weighted Average Remaining Contractual Life (Years)	7 years 1 month 6 days
Weighted Average Exercise Price \| $ / shares	$ 38.65
Aggregate Intrinsic Value \| $	$ 144.9

Weighted Average Assumptions Used to Estimate Fair Value of Stock Option (Detail)	9 Months Ended
	Oct. 28, 2017 $ / 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	$ 36.28
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 2 months 30 days

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

9 Months Ended

Oct. 28, 2017

$ / shares

Number of Shares

Non-Vested Awards Outstanding at Beginning of Period | shares

744,634

Awards Granted | shares

229,058

Awards Vested | shares

(132,533)

^[1]

Awards Forfeited | shares

(25,934)

Non-Vested Awards Outstanding at End of Period | shares

815,225

Weighted Average Grant Date Fair Value Per Awards

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

$ 54.28

Awards Granted | $ / shares

94.99

Awards Vested | $ / shares

48.92

^[1]

Awards Forfeited | $ / shares

59.68

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

$ 66.45

[1]	Restricted stock awards vested during the nine month period ended October 28, 2017 had a total intrinsic value of $12.6 million.

Award Grant, Vested and Forfeiture Transactions (Parenthetical) (Detail) $ in Millions	9 Months Ended
	Oct. 28, 2017 USD ($)
Restricted Stock Issuances
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share based compensation awards vested total intrinsic value	$ 12.6

Other Liabilities - Additional Information (Detail) - USD ($) $ in Millions	Oct. 28, 2017	Jan. 28, 2017	Oct. 29, 2016
Other Liabilities Disclosure [Abstract]
Deferred lease incentives	$ 200.0	$ 180.9	$ 181.3

Commitments and Contingencies - Additional Information (Detail)	Oct. 28, 2017 USD ($) Store	Jan. 28, 2017 USD ($)	Oct. 29, 2016 USD ($)	Nov. 30, 2005 USD ($)
Commitments And Contingencies Disclosure [Line Items]
Minimum lease payments for operating leases February 3, 2018	$ 83,300,000
Minimum lease payments for operating leases February 2, 2019	358,900,000
Minimum lease payments for operating leases February 1, 2020	349,700,000
Minimum lease payments for operating leases January 30,2021	327,600,000
Minimum lease payments for operating leases January 29, 2022	303,500,000
Minimum lease payments for operating leases thereafter	1,533,600,000
Letters of credit, outstanding amount	54,200,000	$ 53,100,000	$ 42,000,000
Purchase commitments related to goods or services	804,400,000
Death benefits				$ 1,000,000
ABL senior secured revolving facility \| Maximum
Commitments And Contingencies Disclosure [Line Items]
Letters of credit, outstanding amount	380,600,000	427,800,000	383,700,000
Guarantee Performance Under Insurance And Utility Agreement
Commitments And Contingencies Disclosure [Line Items]
Letters of credit, outstanding amount	43,600,000	44,200,000	31,900,000
Merchandising Agreement
Commitments And Contingencies Disclosure [Line Items]
Letters of credit, outstanding amount	$ 10,600,000	$ 8,900,000	$ 10,100,000
Other Capitalized Property Plant and Equipment
Commitments And Contingencies Disclosure [Line Items]
Number of stores committed to be opened \| Store	54
Options to Extend Lease Terms
Commitments And Contingencies Disclosure [Line Items]
Minimum lease payments	$ 293,700,000
New Stores \| Other Capitalized Property Plant and Equipment
Commitments And Contingencies Disclosure [Line Items]
Minimum lease payments	$ 443,000,000