Income Taxes |
6 Months Ended |
|---|---|
Aug. 03, 2019 | |
| Income Tax Disclosure [Abstract] | |
| Income Taxes | Income Taxes The provision for income taxes is based on a current estimate of the annual effective tax rate adjusted to reflect the impact of discrete items. The Company’s effective income tax rate may fluctuate from quarter to quarter as a result of a variety of factors, including changes in the Company’s assessment of certain tax contingencies, valuation allowances, changes in tax law, outcomes of administrative audits, the impact of discrete items, and the mix of earnings. The Company’s effective tax rate was (8.1)% and 30.5% for the thirteen weeks ended August 3, 2019 and August 4, 2018, respectively. The effective tax rate for the thirteen weeks ended August 3, 2019 reflects a tax benefit from a pre-tax loss offset by $1.1 million of discrete tax expense related to a tax shortfall for share-based compensation. The Company’s effective tax rate was 0.9% and 52.7% for the twenty-six weeks ended August 3, 2019 and August 4, 2018, respectively. The effective tax rate for the twenty-six weeks ended August 3, 2019 reflects $2.5 million of discrete tax expense related to a tax shortfall for share-based compensation. The effective tax rate for the twenty-six weeks ended August 4, 2018 reflects $1.3 million of discrete tax expense related to a tax shortfall for share-based compensation. |