v3.26.1
INCOME TAXES
 12 Months Ended
Jan. 31, 2026
Income Tax Disclosure [Abstract]  
INCOME TAXES INCOME TAXES
The provision for income taxes consists of:

Fiscal Years Ended
January 31,
2026		February 1,
2025		February 3,
2024
Current income tax expense:
  Federal$55,775 $52,846 $59,652 
  State9,147 8,826 10,733 
Deferred income tax expense (benefit)1,453 637 (1,089)
Total$66,375 $62,309 $69,296 

The components of the provision for income taxes and a reconciliation of the Company's effective tax rate to the statutory income tax rate are as follows:

Fiscal Years Ended
January 31,
2026		February 1,
2025		February 3,
2024
U.S. federal statutory rate$57,985 21.0 %$54,133 21.0 %$60,735 21.0 %
State and local income taxes, net of federal income tax effect (a)
7,206 2.6 6,966 2.7 8,450 2.9 
Tax credits(224)(0.1)(192)(0.1)(226)(0.1)
Nontaxable or nondeductible items2,336 0.8 1,391 0.5 1,466 0.5 
Other adjustments(928)(0.3)11 0.1 (1,129)(0.3)
Effective tax rate$66,375 24.0 %$62,309 24.2 %$69,296 24.0 %
(a)    State taxes in California, Colorado, Illinois, Kansas, Michigan, Minnesota, Nebraska, Oregon, Texas, and Wisconsin make up the majority (greater than 50%) of the tax effect in this category.
Deferred income tax assets and liabilities are comprised of the following:

January 31,
2026		February 1,
2025
Deferred income tax assets (liabilities):
  Inventory$6,085 $5,641 
  Stock-based compensation6,290 5,657 
  Accrued compensation7,942 7,002 
  Accrued store operating costs2,850 2,880 
  Unrealized (gain)/loss on securities(935)(624)
  Gift certificates redeemable1,156 1,188 
  Property and equipment(26,628)(21,744)
  Operating lease right-of-use assets(81,525)(69,550)
  Operating lease liabilities92,115 78,303 
  Capitalized research and development costs— 51 
Net deferred income tax asset$7,350 $8,804 

As of January 31, 2026 and February 1, 2025, respectively, the net deferred income tax assets of $7,350 and $8,804 are classified in other assets. There were no unrecognized tax benefits recorded in the Company’s consolidated financial statements as of January 31, 2026 or February 1, 2025. Fiscal years 2022 through 2025 remain subject to potential federal examination. Additionally, fiscal years 2021 through 2025 are subject to potential examination by various state taxing authorities.

Additionally, cash paid for income taxes for each fiscal year is as follows:

Fiscal Years Ended
January 31,
2026		February 1,
2025		February 3,
2024
Cash paid for income taxes:
  Federal$52,500 $51,500 $51,000 
  State7,459 7,490 9,598 
Total$59,959 $58,990 $60,598