v3.26.1
INCOME TAXES (Tables)
12 Months Ended
Jan. 31, 2026
Income Tax Disclosure [Abstract]  
Provision for 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 
Reconciliation of effective tax rate
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
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 
Cash paid for income taxes
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