REVENUE RECOGNITION (Tables)
 3 Months Ended
May 04, 2019
REVENUE RECOGNITION  
Schedule of gift card liability

The gift card liability is included in accrued liabilities and other in the consolidated balance sheets. The following table includes activity related to gift cards (in thousands):

 

 

 

 

 

 

 

 

 

 

13 Weeks Ended

 

 

May 4,

 

May 5,

 

 

2019

 

2018

Balance at beginning of period

 

$

61,071

 

$

56,729

Issuance of gift cards

 

 

11,325

 

 

11,543

Revenue recognized (1)

 

 

(15,747)

 

 

(15,916)

Gift card breakage

 

 

(941)

 

 

(843)

Balance at end of period

 

$

55,708

 

$

51,513

Revenue recognized from the beginning liability during the first quarters of fiscal 2019 and fiscal 2018 totaled $10.7 million.