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Document and Entity Information - USD ($)	12 Months Ended
Document and Entity Information - USD ($)	Feb. 02, 2019	Mar. 02, 2019	Aug. 04, 2018
Entity Registrant Name	DILLARD'S, INC.
Entity Central Index Key	0000028917
Document Type	10-K
Document Period End Date	Feb. 02, 2019
Amendment Flag	false
Current Fiscal Year End Date	--02-02
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Public Float			$ 1,548,976,368
Document Fiscal Year Focus	2018
Document Fiscal Period Focus	FY
Common Stock Class A
Entity Common Stock, Shares Outstanding		22,338,129
Common Stock Class B
Entity Common Stock, Shares Outstanding		4,010,401

Consolidated Balance Sheets - USD ($) $ in Thousands	Feb. 02, 2019	Feb. 03, 2018
Current assets:
Cash and cash equivalents	$ 123,509	$ 187,028
Accounts receivable	49,853	38,437
Merchandise inventories	1,528,417	1,463,561
Other current assets	68,753	50,359
Total current assets	1,770,532	1,739,385
Property and equipment:
Land and land improvements	64,003	64,003
Buildings and leasehold improvements	3,125,629	3,096,838
Furniture, fixtures and equipment	603,698	1,041,758
Buildings under construction	6,707	1,464
Buildings and equipment under capital leases	14,556	23,648
Less accumulated depreciation and amortization	(2,227,860)	(2,531,435)
Property and equipment, net	1,586,733	1,696,276
Other assets	74,104	247,042
Total assets	3,431,369	3,682,703
Current liabilities:
Trade accounts payable and accrued expenses	921,205	845,281
Current portion of long-term debt	0	160,927
Current portion of capital lease obligations	1,214	1,107
Accrued Income Taxes, Current	11,116	41,920
Total current liabilities	933,535	1,049,235
Long-term debt	365,569	365,429
Capital lease obligations	1,666	2,880
Other liabilities	238,731	240,173
Deferred income taxes	13,487	116,831
Subordinated debentures	200,000	200,000
Commitments and contingencies
Stockholders' equity:
Additional paid-in capital	948,835	946,147
Accumulated other comprehensive loss	(12,809)	(15,444)
Retained earnings	4,458,006	4,365,219
Less treasury stock, at cost, Class A—97,561,424 and 95,764,516 shares	(3,716,890)	(3,589,006)
Total stockholders' equity	1,678,381	1,708,155
Total liabilities and stockholders' equity	3,431,369	3,682,703
Common stock Class A
Stockholders' equity:
Common stock	1,199	1,199
Common stock Class B (convertible)
Stockholders' equity:
Common stock	$ 40	$ 40

Consolidated Balance Sheets (Parenthetical) - shares	Feb. 02, 2019	Feb. 03, 2018
Treasury stock, at cost, Class A, shares	97,561,424	95,764,516
Common stock Class A
Common stock, shares issued	119,899,553	119,860,744
Common stock, shares outstanding	22,338,129	24,096,228
Common stock Class B (convertible)
Common stock, shares issued	4,010,401	4,010,401
Common stock, shares outstanding	4,010,401	4,010,401

Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
Consolidated Statements of Income - USD ($) $ in Thousands	Feb. 02, 2019	Feb. 03, 2018	Jan. 28, 2017
Income Statement [Abstract]
Net sales	$ 6,356,109	$ 6,261,477	$ 6,257,137
Service charges and other income	147,240	161,199	160,871
Total net sales, service charges and other income	6,503,349	6,422,676	6,418,008
Cost of Goods and Services Sold	4,291,520	4,199,718	4,166,411
Selling, General and Administrative Expense	1,691,180	1,684,916	1,646,775
Depreciation and amortization	223,815	231,595	243,657
Rentals	28,646	28,012	25,954
Interest Expense	52,518	62,580	63,059
Other expense	7,660	8,026	8,882
Gain on disposal of assets	48	(4,860)	(905)
Asset impairment and store closing charges	0	0	6,500
Income before income taxes and income on and equity in earnings of joint ventures	207,962	212,689	257,675
Income taxes (benefit)	37,730	(7,800)	88,500
Income on and equity in earnings of joint ventures	31	835	45
Net income	$ 170,263	$ 221,324	$ 169,220
Earnings per common share:
Basic (in dollars per share)	$ 6.23	$ 7.51	$ 4.93
Diluted (in dollars per share)	$ 6.23	$ 7.51	$ 4.93

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Feb. 02, 2019	Feb. 03, 2018	Jan. 28, 2017
Statement of Comprehensive Income [Abstract]
Net income	$ 170,263	$ 221,324	$ 169,220
Other comprehensive income (loss):
Amortization of retirement plan and other retiree benefit adjustments (net of tax of $1,646, ($1,395) and $3,686)	5,177	(4,307)	5,981
Comprehensive income	$ 175,440	$ 217,017	$ 175,201

Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Feb. 02, 2019	Feb. 03, 2018	Jan. 28, 2017
Statement of Comprehensive Income [Abstract]
Amortization of retirement plan and other retiree benefit adjustments, tax	$ 1,646	$ (1,395)	$ 3,686

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Total	Additional Paid-in Capital	Accumulated Other Comprehensive Loss	Retained Earnings	Treasury Stock	Common Stock Class A Common Stock	Common Stock Class B Common Stock
Net income	$ 169,220			$ 169,220
Balance at Jan. 30, 2016	1,795,305	$ 940,796	$ (17,118)	3,994,211	$ (3,123,822)	$ 1,198	$ 40
Increase (Decrease) in Stockholders' Equity
Other comprehensive income (loss)	5,981		5,981
Issuance of 46,042, 47,554 and 34,830 shares under stock option and stock bonus plans during the years 2017, 2016 and 2015, respectively	2,671	2,671				0
Purchase of 4,096,972, 3,810,385 and 5,306,737 shares of treasury stock during the years 2017, 2016 and 2015, respectively	(246,173)				246,173
Cash dividends declared:
Common stock, $0.34, $0.28, and $0.26 per share during the years 2017, 2016 and 2015, respectively	(9,587)			9,587
Balance at Jan. 28, 2017	1,717,417	943,467	(11,137)	4,153,844	(3,369,995)	1,198	40
Net income	221,324			221,324
Increase (Decrease) in Stockholders' Equity
Other comprehensive income (loss)	(4,307)		(4,307)
Issuance of 46,042, 47,554 and 34,830 shares under stock option and stock bonus plans during the years 2017, 2016 and 2015, respectively	2,681	2,680				1
Purchase of 4,096,972, 3,810,385 and 5,306,737 shares of treasury stock during the years 2017, 2016 and 2015, respectively	(219,011)				(219,011)
Cash dividends declared:
Common stock, $0.34, $0.28, and $0.26 per share during the years 2017, 2016 and 2015, respectively	(9,949)			(9,949)
Balance at Feb. 03, 2018	1,708,155	946,147	(15,444)	4,365,219	(3,589,006)	1,199	40
Net income	170,263			170,263
Reclassification due to the adoption of ASU No. 2018-02			(2,542)
Income Tax Effects Allocated Directly to Equity, Cumulative Effect of Change in Accounting Principle	(69,116)			(66,574)
Increase (Decrease) in Stockholders' Equity
Other comprehensive income (loss)	5,177		5,177
Issuance of 46,042, 47,554 and 34,830 shares under stock option and stock bonus plans during the years 2017, 2016 and 2015, respectively	2,688	2,688				0
Purchase of 4,096,972, 3,810,385 and 5,306,737 shares of treasury stock during the years 2017, 2016 and 2015, respectively	(127,884)				(127,884)
Cash dividends declared:
Common stock, $0.34, $0.28, and $0.26 per share during the years 2017, 2016 and 2015, respectively	(10,902)			(10,902)
Balance at Feb. 02, 2019	$ 1,678,381	$ 948,835	$ (12,809)	$ 4,458,006	$ (3,716,890)	$ 1,199	$ 40

Consolidated Statements of Stockholders' Equity (Parenthetical) - $ / shares	12 Months Ended
	Feb. 02, 2019	Feb. 03, 2018	Jan. 28, 2017
Statement of Stockholders' Equity [Abstract]
Issuance of shares under stock option and stock bonus plans, shares	38,809	46,042	47,554
Purchase of shares of treasury stock, shares	1,796,908	4,096,972	3,810,385
Cash dividends declared: common stock, per share (in dollars per share)	$ 0.40	$ 0.34	$ 0.28

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Feb. 02, 2019	Feb. 03, 2018	Jan. 28, 2017
Operating activities:
Net income	$ 170,263	$ 221,324	$ 169,220
Depreciation and amortization of property and other deferred costs	225,849	233,683	245,923
Adjustments to reconcile net income to net cash provided by operating activities:
Deferred income taxes	334	(102,065)	(35,703)
Gain on disposal of assets, excluding insurance gain	(48)	(1,000)	905
Proceeds from Insurance Settlement, Operating Activities	0	0	3,173
Insured Event, Gain (Loss)	0	(5,861)	(1,635)
Write off of Deferred Debt Issuance Cost	0	797	0
Asset impairment and store closing charges	0	0	6,500
Changes in operating assets and liabilities:
(Increase) decrease in accounts receivable	(11,416)	8,871	(1,743)
Increase in merchandise inventories	(64,856)	(57,158)	(33,436)
(Increase) decrease in other current assets	(17,416)	(1,902)	9,224
(Increase) decrease in other assets	(10,419)	2,196	1,047
Increase (decrease) in trade accounts payable and accrued expenses and other liabilities	104,060	(20,395)	156,750
Decrease in income taxes payable	(29,159)	(6,205)	(6,205)
Net cash provided by operating activities	367,288	274,285	512,210
Investing activities:
Purchase of property and equipment	(137,064)	(130,464)	(104,824)
Proceeds from disposal of assets	2,003	11,683	1,150
Proceeds from Insurance Settlement, Investing Activities	3,477	5,114	6,322
Payments to Acquire Interest in Joint Venture	0	0	(20,000)
Distribution from joint venture	3,835	3,460	2,500
Net cash used in investing activities	(127,749)	(110,207)	(114,852)
Financing activities:
Principal payments on long-term debt and capital lease obligations	(162,066)	(90,483)	(3,284)
Cash dividends paid	(11,108)	(9,424)	(9,787)
Purchase of treasury stock	(129,884)	(223,013)	(240,171)
Issuance cost of line of credit	0	(1,115)	0
Net cash used in financing activities	(303,058)	(324,035)	(253,242)
(Decrease) increase in cash and cash equivalents	(63,519)	(159,957)	144,116
Cash and cash equivalents, beginning of year	187,028	346,985	202,869
Cash and cash equivalents, end of year	123,509	187,028	346,985
Non-cash transactions:
Accrued capital expenditures	2,597	23,084	3,453
Stock awards	2,688	2,680	2,671
Accrued treasury stock purchases	$ 0	$ 2,000	$ 6,002

Description of Business and Summary of Significant Accounting Policies

12 Months Ended

Feb. 02, 2019

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Description of Business and Summary of Significant Accounting Policies

Description of Business—Dillard's, Inc. ("Dillard's" or the "Company") operates retail department stores, located primarily in the southeastern, southwestern and midwestern areas of the United States, and a general contracting construction company based in Little Rock, Arkansas. The Company's fiscal year ends on the Saturday nearest January 31 of each year. Fiscal year 2018 ended on February 2, 2019 and included 52 weeks, fiscal year 2017 ended on February 3, 2018 and included 53 weeks and fiscal year 2016 ended on January 28, 2017 and included 52 weeks.

Consolidation—The accompanying consolidated financial statements include the accounts of Dillard's, Inc. and its wholly owned subsidiaries. Intercompany accounts and transactions are eliminated in consolidation. Investments in and advances to joint ventures are accounted for by the equity method where the Company does not have control.

Use of Estimates—The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Significant estimates include inventories, sales return, self-insured accruals, future cash flows and real estate values for impairment analysis, pension discount rate and taxes. Actual results could differ from those estimates.

Seasonality—The Company's business is highly seasonal, and historically the Company has realized a significant portion of its sales, net income and cash flow in the second half of the fiscal year, attributable to the impact of the back-to-school selling season in the third quarter and the holiday selling season in the fourth quarter. Additionally, working capital requirements fluctuate during the year, increasing in the third quarter in anticipation of the holiday season.

Cash Equivalents—The Company considers all highly liquid investments with an original maturity of 3 months or less when purchased or certificates of deposit with no early withdrawal penalty to be cash equivalents. The Company considers receivables from charge card companies as cash equivalents because they settle the balances within 2 to 3 days.

Accounts Receivable—Accounts receivable primarily consists of construction receivables of the Company's general contracting construction company, CDI Contractors, LLC ("CDI"), and the monthly settlement with Wells Fargo for Dillard's share of earnings from the long-term marketing and servicing alliance. Construction receivables are based on amounts billed to customers. The Company provides any allowance for doubtful accounts considered necessary based upon a review of outstanding receivables, historical collection information and existing economic conditions. Accounts receivable are ordinarily due 30 days after the issuance of the invoice. Contract retentions are due 30 days after completion of the project and acceptance by the owner. Accounts that are past due more than 120 days are considered delinquent. Delinquent receivables are written off based on individual credit evaluation and specific circumstances of the customer.

Merchandise Inventories—All of the Company’s inventories are valued at the lower of cost or market using the last-in, first-out (“LIFO”) inventory method. Approximately 97% of the Company's inventories are valued using the LIFO retail inventory method. Under the retail inventory method, the valuation of inventories at cost and the resulting gross margins are calculated by applying a cost to retail ratio to the retail value of inventories. The retail inventory method is an averaging method that is widely used in the retail industry due to its practicality. Inherent in the retail inventory method calculation are certain significant management judgments including, among others, merchandise markon, markups, and markdowns, which significantly impact the ending inventory valuation at cost as well as the resulting gross margins. During periods of deflation, inventory values on the first-in, first-out ("FIFO") retail inventory method may be lower than the LIFO retail inventory method. Additionally, inventory values at LIFO cost may be in excess of net realizable value. At February 2, 2019 and February 3, 2018, merchandise inventories valued at LIFO, including adjustments as necessary to record inventory at the lower of cost or market, approximated the cost of such inventories using the FIFO retail inventory method. The application of the LIFO retail inventory method did not result in the recognition of any LIFO charges or credits affecting cost of sales for fiscal 2018, 2017 or 2016.

The Company regularly records a provision for estimated shrinkage, thereby reducing the carrying value of merchandise inventory. Complete physical inventories of all of the Company's stores and warehouses are performed no less frequently than annually, with the recorded amount of merchandise inventory being adjusted to coincide with these physical counts.

Property and Equipment—Property and equipment owned by the Company is stated at cost, which includes related interest costs incurred during periods of construction, less accumulated depreciation and amortization. Interest capitalized during fiscal 2018, 2017 and 2016 was $0.2 million, $0.7 million and $0.1 million, respectively. For financial reporting purposes, depreciation is computed by the straight-line method over estimated useful lives:



Buildings and leasehold improvements	20 - 40 years
Furniture, fixtures and equipment	3 - 10 years

Properties leased by the Company under lease agreements which are determined to be capital leases are stated at an amount equal to the present value of the minimum lease payments during the lease term, less accumulated amortization. The assets under capital leases and leasehold improvements under operating leases are amortized on the straight-line method over the shorter of their useful lives or the related lease terms. The provision for amortization of leased properties is included in depreciation and amortization expense.

Included in property and equipment as of February 2, 2019 are assets held for sale in the amount of $8.6 million. During fiscal 2018, the Company received cash proceeds of$1.9 million from the sale of a location classified as an asset held for sale. During fiscal 2017, the Company realized a gain of $4.9 million on disposal of assets primarily related to the sale of two store properties, insurance recovery on a previously damaged full-line store location and sale of equipment. During 2016, the Company realized gains on the disposal of property and equipment of $0.9 million.

Depreciation expense on property and equipment was approximately $224 million, $232 million and $244 million for fiscal 2018, 2017 and 2016, respectively.

Long-Lived Assets—Impairment losses are required to be recorded on long-lived assets used in operations when indicators of impairment are present and the undiscounted cash flows estimated to be generated by those assets are less than the assets' carrying amount. In the evaluation of the fair value and future benefits of long-lived assets, the Company performs an analysis of the anticipated undiscounted future net cash flows of the related long-lived assets. This analysis is performed at the store unit level. If the carrying value of the related asset exceeds the fair value, the carrying value is reduced to its fair value. Various factors including future sales growth, profit margins and real estate values are included in this analysis. Management believes at this time that the carrying values and useful lives continue to be appropriate.

Other Assets—In January 2011, the Company formed a wholly-owned subsidiary intended to operate as a real estate investment trust (“REIT”). The Company made a taxable transfer of certain properties to this subsidiary, thereby increasing the tax basis of the properties to their fair values as of the date of transfer ("REIT Transaction") and recorded a deferred charge to reflect the income tax effects of this intra-entity transfer. At February 2, 2019 and February 3, 2018, other assets included the deferred charge related to the REIT Transaction of $0 and $173.7 million, respectively. See Recently Adopted Accounting Pronouncements, Intra-Entity Transfers of Assets Other Than Inventory, for further discussion below.

Other assets also include investments accounted for by the equity and cost methods.

During fiscal 2016, the Company invested $20.0 million in an existing open air center joint venture located in Bonita Springs, Florida. The investment was funded using cash on hand. The joint venture used these funds in the refinancing of its debt.

During fiscal 2016, the Company recorded an asset impairment of $6.5 million consisting of the write-down of a cost method investment.

Vendor Allowances—The Company receives concessions from its vendors through a variety of programs and arrangements, including cooperative advertising and margin maintenance programs. The Company has agreements in place with each vendor setting forth the specific conditions for each allowance or payment. These agreements range in periods from a few days to up to a year. If the payment is a reimbursement for costs incurred, it is offset against those related costs; otherwise, it is treated as a reduction to the cost of the merchandise. Amounts of vendor concessions are recorded only when an agreement has been reached with the vendor and the collection of the concession is deemed probable.

For cooperative advertising programs, the Company generally offsets the allowances against the related advertising expense when incurred. Many of these programs require proof-of-advertising to be provided to the vendor to support the reimbursement of the incurred cost. Programs that do not require proof-of-advertising are monitored to ensure that the allowance provided by each vendor is a reimbursement of costs incurred to advertise for that particular vendor. If the allowance exceeds the advertising costs incurred on a vendor-specific basis, then the excess allowance from the vendor is recorded as a reduction of merchandise cost for that vendor.

Margin maintenance allowances are credited directly to cost of purchased merchandise in the period earned according to the agreement with the vendor. Under the retail method of accounting for inventory, a portion of these allowances reduces cost of goods sold and a portion reduces the carrying value of merchandise inventory.

Insurance Accruals—The Company's consolidated balance sheets include liabilities with respect to self-insured workers' compensation and general liability claims. The Company's self-insured retention is insured through a wholly-owned captive insurance subsidiary. The Company estimates the required liability of such claims, utilizing an actuarial method, based upon various assumptions, which include, but are not limited to, the Company's historical loss experience, projected loss development factors, actual payroll and other data. The required liability is also subject to adjustment in the future based upon the changes in claims experience, including changes in the number of incidents (frequency) and changes in the ultimate cost per incident (severity). These insurance accruals are recorded in trade accounts payable and accrued expenses and other liabilities on the consolidated balance sheets.

Operating Leases—The Company leases retail stores, office space and equipment under operating leases. Many store leases contain construction allowance reimbursements by landlords, rent holidays, rent escalation clauses and/or contingent rent provisions. The Company recognizes the related rental expense on a straight-line basis over the lease term and records the difference between the amounts charged to expense and the rent paid as a deferred rent liability.

To account for construction allowance reimbursements from landlords and rent holidays, the Company records a deferred rent liability in other liabilities on the consolidated balance sheets and amortizes the deferred rent over the lease term, as a reduction to rent expense on the consolidated income statements. For leases containing rent escalation clauses, the Company records minimum rent expense on a straight-line basis over the lease term on the consolidated income statement. The lease term used for lease evaluation includes renewal option periods only in instances in which the exercise of the option period can be reasonably assured and failure to exercise such options would result in an economic penalty.

Revenue Recognition—The Company's retail operations segment recognizes merchandise revenue at the "point of sale." Allowance for sales returns and a return asset are recorded as components of net sales in the period in which the related sales are recorded. Sales taxes collected from customers are excluded from revenue and are recorded in trade accounts payable and accrued expenses until remitted to the taxing authorities.

Wells Fargo Bank, N.A. ("Wells Fargo") owns and manages Dillard's private label cards under a 10-year agreement ("Wells Fargo Alliance"). The Company's share of income under the Wells Fargo Alliance is included as a component of service charges and other income. The Company received income of approximately $94 million, $101 million and $104 million from the Wells Fargo and former Synchrony alliances in fiscal 2018, 2017 and 2016, respectively. The Company participates in the marketing of the private label credit cards, which includes the cost of customer reward programs. Through the reward programs, customers earn points that are redeemable for discounts on future purchases. The Company defers a portion of its net sales upon the sale of merchandise to its customer reward program members that is recognized in net sales when the reward is redeemed or expired at a future date.

Revenue from CDI construction contracts is generally measured based on the ratio of costs incurred to total estimated contract costs (the "cost-to-cost method"). The length of each contract varies but is typically nine to eighteen months. The progress towards completion is determined by relating the actual costs of work performed to date to the current estimated total costs of the respective contracts. When the estimate on a contract indicates a loss, the entire loss is recorded in the current period.

Gift Card Revenue Recognition—The Company establishes a liability upon the sale of a gift card. The liability is relieved and revenue is recognized when gift cards are redeemed for merchandise. Gift card breakage income is determined based upon historical redemption patterns. The Company uses a homogeneous pool to recognize gift card breakage and will recognize income over the period in proportion to the pattern of rights exercised by the customer when the Company determines that it does not have a legal obligation to remit the value of unredeemed gift cards to the relevant jurisdiction as abandoned property. At that time, the Company will recognize breakage income over the performance period for those gift cards (i.e. 60 months) and will record it in service charges and other income. As of February 2, 2019 and February 3, 2018, gift card liabilities of $58.2 million and $58.9 million, respectively, were included in trade accounts payable and accrued expenses and other liabilities.

Advertising—Advertising and promotional costs, which include newspaper, magazine, Internet, broadcast and other media advertising, are expensed as incurred and were approximately $40.4 million, $42.5 million and $42.8 million, net of cooperative advertising reimbursements of $15.1 million, $19.9 million and $27.5 million for fiscal years 2018, 2017 and 2016, respectively. The Company records net advertising expenses in selling, general and administrative expenses.

Income Taxes—Income taxes are recognized for the amount of taxes payable for the current year and deferred tax assets and liabilities for the future tax consequence of events that have been recognized differently in the financial statements than for tax purposes. Deferred tax assets and liabilities are established using statutory tax rates and are adjusted for tax rate changes. Tax positions are analyzed to determine whether it is "more likely than not" that a tax position will be sustained upon examination by the appropriate taxing authorities before any part of the benefit can be recorded in the financial statements. For those tax positions where it is not "more likely than not" that a tax benefit will be sustained, no tax benefit is recognized. The Company classifies accrued interest expense and penalties relating to income tax in the consolidated financial statements as income tax expense.

Shipping and Handling—The Company records shipping and handling reimbursements in service charges and other income. The Company records shipping and handling costs in cost of sales.

Defined Benefit Retirement Plans—The Company's defined benefit retirement plan costs are accounted for using actuarial valuations. The Company recognizes the funded status of its defined benefit pension plans on the balance sheet and recognizes changes in the funded status that arise during the period but that are not recognized as components of net periodic benefit cost, within other comprehensive income, net of income taxes.

Income on and Equity in Earnings of Joint Ventures—Income on and equity in earnings of joint ventures includes the Company's portion of the income or loss of the Company's unconsolidated joint ventures as well as distributions (excluding returns of investments) of excess cash from an open air center joint venture.

Comprehensive Income—Comprehensive income is defined as the change in equity (net assets) of a business enterprise during a period from transactions and other events and circumstances from non-owner sources. It consists of the net income or loss and other gains and losses affecting stockholders' equity that, under GAAP, are excluded from net income or loss. One such exclusion is the amortization of retirement plan and other retiree benefit adjustments, which is the only item impacting our accumulated other comprehensive loss.

Supply Concentration—The Company purchases merchandise from many sources and does not believe that the Company was dependent on any one supplier during fiscal 2018.

Reclassifications—Certain items have been reclassified from their prior year classifications to conform to the current year presentation. These reclassifications had no effect on net income or stockholders' equity as previously reported.

Recently Adopted Accounting Pronouncements

Revenue from Contracts with Customers

In May 2014, the Financial Accounting Standards Board ("FASB") issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606), which stipulates 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. To achieve this core principle, an entity should apply the following steps: (1) identify the contract(s) with a customer, (2) identify the performance obligations in the contract, (3) determine the transaction price, (4) allocate the transaction price to the performance obligations in the contract and (5) recognize revenue when (or as) the entity satisfies a performance obligation. This ASU was supplemented by amendments which clarify the guidance of the initial ASU. We refer to this ASU and related amendments as the "new standard."

We adopted the requirements of the new standard as of February 4, 2018, utilizing the full retrospective method of transition. Adoption of the new standard resulted in changes to our accounting policies for revenue recognition, as further described herein. We applied the new standard using the following practical expedients: (1) for a completed contract for which all (or substantially all) of the revenue was recognized in accordance with revenue guidance that was in effect before the date of initial application, an entity need not restate contracts that begin and end within the same annual reporting period; (2) for completed contracts that have variable consideration, an entity may use the transaction price at the date the contract was completed, rather than estimating variable consideration amounts in the comparative reporting periods; (3) for all reporting periods presented before the date of initial application, February 4, 2018, an entity is not required to disclose the amount of the transaction price allocated to the remaining performance obligations or when the entity expects to recognize that amount as revenue; and (4) for contracts modified prior to the beginning of fiscal year 2016, an entity can reflect the aggregate effect of all contract modifications that occurred before the beginning of the earliest period presented under the new standard when identifying the satisfied and unsatisfied performance obligations, determining the transaction price and allocating the transaction price to the satisfied and unsatisfied performance obligations for the modified contract at transition. The application of these practical expedients primarily impacted our evaluation of the revenue recognition of our construction segment.

Through our analysis of the new standard, we considered the presentation of sales returns, the deferral of revenue related to our loyalty program, the deferral of revenue related to internet sales, credit card income, gift card breakage, principal versus agent considerations and revenue from our construction segment contracts. The impact of adopting the new standard on our fiscal 2017 and 2016 revenues was not material.

We adjusted our consolidated financial statements from amounts previously reported due to the adoption of the new standard. The Company's net sales are recorded net of anticipated returns of merchandise. Under the new standard, both a return asset and an allowance for sales returns are recorded, which differs from the historical presentation of a net allowance for sales returns. The return asset and the allowance for sales returns are recorded in the consolidated balance sheets in other current assets and trade accounts payable and accrued expenses, respectively. Additionally, we reclassified contract assets related to our construction segment from accounts receivable to other current assets in our consolidated balance sheets.

Select consolidated balance sheet line items, which reflect the adoption of the new standard, are as follows (in thousands):



	February 3, 2018
	As previously reported		Adjustments			As adjusted
Assets
Accounts receivable	$	39,650	$	(1,213	)	$	38,437
Other current assets	39,612		10,747			50,359
Liabilities and stockholders' equity
Trade accounts payable and accrued expenses	835,747		9,534			845,281

Select consolidated statements of income line items, including net sales and service charges and other income, reflect the adoption of the new standard. The impact of the adoption on the consolidated statements of income for the fiscal years ended February 3, 2018 and January 28, 2017 was not material.

Select consolidated statement of cash flow line items within operating activities reflect the adoption of the new standard. The impact on the consolidated statements of cash flows for the fiscal years ended February 3, 2018 and January 28, 2017 was not material.

The Company operates in two reportable segments: the operation of retail department stores (“retail operations”) and a general contracting construction company (“construction”). The Company determined that the presentation of the percentage of net sales by segment and major product line was consistent with the disaggregation of revenue required by the new standard. See Note 2, Business Segments. For the retail operations segment, total assets increased by $9.5 million as of February 3, 2018.

The retail operations segment gives rise to contract liabilities through the loyalty program and through the issuances of gift cards. The loyalty program liability and a portion of the gift card liability is included in trade accounts payable and accrued expenses, and a portion of the gift card liability is included in other liabilities on the consolidated balance sheets. Retail operations segment contract liabilities are as follows:



Retail
(in thousands of dollars)	February 2, 2019		February 3, 2018		January 28, 2017
Contract liabilities	$	72,852	$	73,059	$	73,639

During the fiscal years ended February 2, 2019 and February 3, 2018, the Company recorded $55.3 million and $54.9 million, respectively, in revenue that was previously included in the retail operations contract liability balances of $73.1 million and $73.6 million, at February 3, 2018 and January 28, 2017, respectively.

Construction contracts give rise to accounts receivable, contract assets and contract liabilities. We record accounts receivable based on amounts billed to customers. We also record costs and estimated earnings in excess of billings on uncompleted contracts (contract assets) and billings in excess of costs and estimated earnings on uncompleted contracts (contract liabilities) in other current assets and trade accounts payable and accrued expenses in the consolidated balance sheets, respectively. The amounts included in the consolidated balance sheets are as follows:



Construction
(in thousands of dollars)	February 2, 2019		February 3, 2018		January 28, 2017
Accounts receivable	$	31,867	$	20,136	$	30,190
Costs and estimated earnings in excess of billings on uncompleted contracts	1,165		1,213		922
Billings in excess of costs and estimated earnings on uncompleted contracts	7,414		5,503		8,826

During the fiscal years ended February 2, 2019 and February 3, 2018, the Company recorded $5.2 million and $8.6 million, respectively, in revenue that was previously included in billings in excess of costs and estimated earnings on uncompleted contracts of $5.5 million and $8.8 million at February 3, 2018 and January 28, 2017, respectively.

The remaining performance obligations related to executed construction contracts totaled $143.9 million and $273.9 million at February 2, 2019 and February 3, 2018, respectively.

Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost

In March 2017, the FASB issued ASU No. 2017-07, Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost, to improve the presentation of net periodic pension cost in the income statement. We adopted the requirements of ASU No. 2017-07 as of February 4, 2018 and applied the amendments retrospectively, as required. As a result of the adoption of ASU No. 2017-07, the service cost component of net periodic benefit costs is included in selling, general and administrative expenses, and the interest costs and net actuarial loss components are included in other expense in the consolidated statements of income. For the fiscal years ended February 3, 2018 and January 28, 2017, $7.2 million and $8.9 million has been reclassified from selling, general and administrative expenses to other expense, respectively. See Note 8, Benefit Plans.

Intra-Entity Transfers of Assets Other Than Inventory

In October 2016, the FASB issued ASU No. 2016-16, Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory, as part of its initiative to reduce complexity in accounting standards. Under these amendments, an entity is required to recognize the income tax consequences of an intra-entity transfer of an asset other than inventory when the transfer occurs. The amendments within ASU No. 2016-16 were effective for the Company beginning in the first quarter of fiscal 2018.

At February 3, 2018, other assets included a deferred charge related to the income tax effects of the intra-entity transfer pursuant to the previously disclosed REIT Transaction. During the fourth quarter of 2017, the Company terminated REIT status of its subsidiary, which did not have a material impact to the Company’s fiscal 2017 consolidated financial statements. Prior to the adoption of ASU No. 2016-16, income tax consequences of the intra-entity transfer remained recorded as a deferred charge, which was not subject to remeasurement for the lower tax rates enacted through tax reform.

The Company adopted the standard at the beginning of the first quarter of fiscal 2018, at which time the deferred charge was removed through a cumulative-effect adjustment directly to retained earnings, resulting in a decrease to other assets of approximately $173.7 million. A deferred tax asset of approximately $104.6 million was recorded through a cumulative-effect adjustment directly to retained earnings to reflect future income tax benefits of the intra-entity transfer at newly-enacted tax rates, resulting in a reduction to net deferred tax liabilities. These adjustments resulted in a net decrease to retained earnings of approximately $69.1 million.

Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income

In February 2018, the FASB issued ASU No. 2018-02, Income Statement-Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income, to improve the usefulness of information reported to financial statement users by allowing a reclassification from accumulated other comprehensive income to retained earnings for stranded tax effects resulting from the Tax Cuts and Jobs Act. The Company adopted ASU No. 2018-02 during the first quarter of fiscal 2018 and applied the amendments in the period of adoption. The adoption of ASU No. 2018-02 resulted in an increase of approximately $2.5 million to both accumulated other comprehensive loss and retained earnings in the Company’s consolidated financial statements.

Classification of Certain Cash Receipts and Cash Payments

In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments, to reduce the diversity in practice of how certain cash receipts and cash payments are presented and classified in the statement of cash flows. The amendments within ASU No. 2016-15 are effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. The Company adopted the standard during the first quarter of fiscal 2018. The adoption of ASU No. 2016-15 did not have a material impact to the consolidated financial statements.

Recently Issued Accounting Pronouncements

Leases: Amendments to the FASB Accounting Standards Codification

In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842): Amendments to the FASB Accounting Standards Codification, to increase transparency and comparability among organizations by recognizing lease assets and liabilities on the balance sheet and disclosing key information about leasing arrangements. Under these amendments, lessees are required to recognize lease assets and lease liabilities for leases classified as operating leases under ASC 840. Subsequent to the issuance of ASC No. 2016-02, the FASB issued additional amendments related to ASU No. 2016-02: (1) ASU No. 2018-01, Leases (Topic 842): Land Easement Practical Expedient for Transition to Topic 842; (2) ASU No. 2018-10: Codification Improvements to Topic 842, Leases; and (3) ASU No. 2018-11, Leases (Topic 842): Targeted Improvements. ASU No. 2016-02 and related amendments are effective for financial statements issued for fiscal years beginning after December 15, 2018.

The Company's operating leases include building and equipment leases. We have finalized our evaluation of these existing operating leases and have concluded that the majority of the existing operating leases will be impacted by this ASU and related amendments resulting in increases in assets and liabilities in the Company's consolidated financial statements. Upon adoption, we expect the right of use assets and operating lease liabilities will be materially consistent with the future minimum rental commitments for the operating leases totaling $68.8 million as of February 2, 2019, as detailed in Note 12. We are finalizing our incremental borrowing rate methodology that will be used in valuing the right of use assets and operating lease liabilities.

We will adopt these amendments during the first quarter of fiscal 2019 using the optional transition method allowing the application of the new standard at the adoption date with comparative periods presented in accordance with ASC 840.

Defined Benefit Plans: Changes to the Disclosure Requirements for Defined Benefit Plans

In August 2018, the FASB issued ASU No. 2018-14, Compensation - Retirement Benefits - Defined Benefit Plans - General (Subtopic 715-20): Disclosure Framework - Changes to the Disclosure Requirements for Defined Benefit Plans, to improve the effectiveness of disclosures in the notes to financial statements for employers that sponsor defined benefit pension plans. ASU No. 2018-14 is effective for financial statements issued for fiscal years ending after December 15, 2020, and early adoption is permitted. The Company is currently assessing the impact of this update on its notes to financial statements.

Business Segments

12 Months Ended

Feb. 02, 2019

Segment Reporting [Abstract]

Business Segments

The Company operates in two reportable segments: the operation of retail department stores and a general contracting construction company.

For the Company's retail operations reportable segment, the Company determined its operating segments on a store by store basis. Each store's operating performance has been aggregated into one reportable segment. The Company's operating segments are aggregated for financial reporting purposes because they are similar in each of the following areas: economic characteristics, class of consumer, nature of products and distribution methods. Revenues from external customers are derived from merchandise sales, and the Company does not rely on any major customers as a source of revenue. Across all stores, the Company operates one store format under the Dillard's name where each store offers the same general mix of merchandise with similar categories and similar customers. The Company believes that disaggregating its operating segments would not provide meaningful additional information.

The following table summarizes the percentage of net sales by segment and major product line:



	Percentage of Net Sales
	Fiscal 2018		Fiscal 2017		Fiscal 2016
Retail operations segment:
Cosmetics	14	%	14	%	14	%
Ladies' apparel	22		23		22
Ladies' accessories and lingerie	15		16		16
Juniors' and children's apparel	9		8		8
Men's apparel and accessories	17		17		17
Shoes	15		16		16
Home and furniture	4		4		4
	96		98		97
Construction segment	4		2		3
Total	100	%	100	%	100	%

The following tables summarize certain segment information, including the reconciliation of those items to the Company's consolidated operations.



(in thousands of dollars)	Retail Operations		Fiscal 2018 Construction			Consolidated
Net sales from external customers	$	6,120,758	$	235,351		$	6,356,109
Gross profit	2,056,010		8,579			2,064,589
Depreciation and amortization	223,175		640			223,815
Interest and debt expense (income), net	52,574		(56		)	52,518
Income before income taxes and income on and equity in earnings of joint ventures	203,330		4,632			207,962
Income on and equity in earnings of joint ventures	31		—			31
Total assets	3,384,277		47,092			3,431,369



(in thousands of dollars)	Retail Operations		Fiscal 2017 Construction			Consolidated
Net sales from external customers	$	6,108,037	$	153,440		$	6,261,477
Gross profit	2,054,969		6,790			2,061,759
Depreciation and amortization	230,946		649			231,595
Interest and debt expense (income), net	62,638		(58		)	62,580
Income before income taxes and income on and equity in earnings of joint ventures	210,969		1,720			212,689
Income on and equity in earnings of joint ventures	835		—			835
Total assets	3,650,393		32,310			3,682,703



(in thousands of dollars)	Retail Operations		Fiscal 2016 Construction			Consolidated
Net sales from external customers	$	6,071,570	$	185,567		$	6,257,137
Gross profit	2,081,935		8,791			2,090,726
Depreciation and amortization	242,981		676			243,657
Interest and debt expense (income), net	63,127		(68		)	63,059
Income before income taxes and income on and equity in earnings of joint ventures	253,887		3,788			257,675
Income on and equity in earnings of joint ventures	45		—			45
Total assets	3,842,730		55,720			3,898,450

Intersegment construction revenues of $30.2 million, $47.4 million and $75.5 million were eliminated during consolidation and have been excluded from net sales for fiscal years 2018, 2017 and 2016, respectively.

Revolving Credit Agreement	12 Months Ended
Revolving Credit Agreement	Feb. 02, 2019
Line of Credit Facility [Abstract]
Revolving Credit Agreement	Revolving Credit Agreement In August 2017, the Company amended and extended its senior unsecured revolving credit facility (the "new credit agreement") replacing the Company's previous credit agreement. The new credit agreement is available to the Company for general corporate purposes including, among other uses, working capital financing, the issuance of letters of credit, capital expenditures and, subject to certain restrictions, the repayment of existing indebtedness and share repurchases. The new credit agreement provides borrowing capacity of $800 million with a $200 million expansion option and matures on August 9, 2022. The Company pays a variable rate of interest on borrowings under the credit agreement and a commitment fee to the participating banks based on the Company's debt rating. The rate of interest on borrowings is LIBOR plus 1.375%, and the commitment fee for unused borrowings is 0.20% per annum. No borrowings were outstanding at February 2, 2019. Letters of credit totaling $21.8 million were issued under this credit agreement leaving unutilized availability under the facility of $778.2 million at February 2, 2019. The Company had weighted-average borrowings of $85.9 million, $9.5 million and $19.8 million during fiscal 2018, 2017 and 2016, respectively. To be in compliance with the financial covenants of the new credit agreement, the Company's total leverage ratio cannot exceed 3.5 to 1.0, and the coverage ratio cannot be less than 2.5 to 1.0, as defined in the new credit agreement. At February 2, 2019, the Company was in compliance with all financial covenants related to the new credit agreement. In connection with the amendment and extension of the Company's senior unsecured revolving credit facility, we recorded charges totaling $0.8 million due to the the write-off of certain deferred financing fees during the year ended February 3, 2018. Peak borrowings under the credit facility were $329 million during fiscal 2018.

Long-Term Debt

12 Months Ended

Feb. 02, 2019

Long-term Debt, Unclassified [Abstract]

Long-Term Debt

Long-term debt, including the current portion, of $365.6 million and $526.4 million was outstanding at February 2, 2019 and February 3, 2018, respectively. The debt outstanding at February 2, 2019 consisted of unsecured notes, bearing interest rates ranging from 7.000% to 7.875% and maturing during fiscal 2022 through fiscal 2028. There are no financial covenants under any of the debt agreements.

Long-term debt maturities over the next five years are (in millions):



Fiscal Year	Long-Term Debt Maturities
2019	$	—
2020	—
2021	—
2022	44.8
2023	—

Net interest and debt expense consists of the following:



(in thousands of dollars)	Fiscal 2018			Fiscal 2017			Fiscal 2016
Interest on long-term debt and subordinated debentures	$	47,742		$	59,579		$	59,268
Revolving credit facility expenses	4,504			2,096			2,349
Amortization of debt expense	977			1,326			1,594
Interest on capital lease obligations	321			418			507
Investment interest income	(1,030		)	(842		)	(663		)
Other interest	4			3			4
	$	52,518		$	62,580		$	63,059

Interest paid during fiscal 2018, 2017 and 2016 was approximately $52.9 million, $71.6 million and $62.4 million, respectively.

Trade Accounts Payable and Accrued Expenses

12 Months Ended

Feb. 02, 2019

Payables and Accruals [Abstract]

Trade Accounts Payable and Accrued Expenses

Trade accounts payable and accrued expenses consist of the following:



(in thousands of dollars)	February 2, 2019		February 3, 2018
Trade accounts payable	$	743,330	$	657,586
Accrued expenses:
Taxes, other than income	47,646		59,977
Salaries, wages and employee benefits	64,370		62,351
Liability to customers	52,677		52,215
Interest	3,961		4,174
Rent	2,419		2,516
Other	6,802		6,462
	$	921,205	$	845,281

Income Taxes

12 Months Ended

Feb. 02, 2019

Income Tax Disclosure [Abstract]

Income Taxes

The provision for federal and state income taxes is summarized as follows:



(in thousands of dollars)	Fiscal 2018			Fiscal 2017			Fiscal 2016
Current:
Federal	$	34,960		$	91,799		$	120,872
State	2,436			2,466			3,331
	37,396			94,265			124,203
Deferred:
Federal	2,353			(100,954		)	(34,797		)
State	(2,019		)	(1,111		)	(906		)
	334			(102,065		)	(35,703		)
	$	37,730		$	(7,800	)	$	88,500

The Tax Cuts and Jobs Act (“the Act”) was signed into law on December 22, 2017. The Act’s primary impact to the Company’s consolidated financial statements was its reduction of the federal corporate income tax rate from 35% to 21%, effective January 1, 2018. The resulting blended federal statutory income tax rate in effect for the Company’s fiscal year ended February 3, 2018 was 33.72%. For prior years, the federal statutory tax rate was 35%. The Company determined a reasonable estimate of the income tax effects of the Act and recorded provisional amounts within its consolidated financial statements during 2017. During fiscal 2018, the Company finalized its accounting of the income tax effects of the Act, within the one-year measurement period provided under SEC Staff Accounting Bulletin No. 118.

The rate reconciliation presented below reconciles the Company’s income tax provision to income taxes using the federal statutory income tax rate. As noted above, the federal statutory rates are 21%, 33.72%, and 35% for fiscal years 2018, 2017, and 2016, respectively.



(in thousands of dollars)	Fiscal 2018			Fiscal 2017			Fiscal 2016
Income tax at the statutory federal rate (inclusive of income on and equity in earnings of joint ventures)	$	43,679		$	72,000		$	90,202
State income taxes, net of federal benefit (inclusive of income on and equity in earnings of joint ventures)	2,538			(22		)	954
Net changes in unrecognized tax benefits, interest and penalties /reserves	(421		)	(448		)	(323		)
Tax benefit of federal credits	(4,563		)	(4,440		)	(2,434		)
Changes in cash surrender value of life insurance policies	(410		)	(441		)	(914		)
Changes in valuation allowance	(2,039		)	222			1,857
Tax benefit of dividends paid to ESOP	(621		)	(810		)	(785		)
Estimated adjustments to net deferred tax liabilities for enacted changes in tax laws and rates	(1,521		)	(74,216		)	—
Other	1,088			355			(57		)
	$	37,730		$	(7,800	)	$	88,500

Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Significant components of the Company's deferred tax assets and liabilities as of February 2, 2019 and February 3, 2018 are as follows:



(in thousands of dollars)	February 2, 2019			February 3, 2018
Property and equipment bases and depreciation differences	$	22,942		$	126,401
Prepaid expenses	45,101			41,124
Joint venture bases differences	6,889			7,889
Differences between book and tax bases of inventory	18,770			22,436
Other	2,953			3,436
Total deferred tax liabilities	96,655			201,286
Accruals not currently deductible	(66,325		)	(66,941		)
Net operating loss carryforwards	(67,512		)	(72,452		)
State income taxes	(236		)	(419		)
Other	(2,267		)	(1,525		)
Total deferred tax assets	(136,340		)	(141,337		)
Net operating loss valuation allowance	53,172			56,172
Net deferred tax assets	(83,168		)	(85,165		)
Net deferred income taxes	$	13,487		$	116,121

For fiscal 2018 and 2017, deferred tax assets and liabilities were measured using the federal statutory income tax rate of 21% and the appropriate state statutory income tax rates.

At February 2, 2019, the Company had a deferred tax asset related to state net operating loss carryforwards of approximately $67.5 million that could be utilized to reduce the tax liabilities of future years. These carryforwards will expire between fiscal 2019 and 2039. A portion of the deferred tax asset attributable to state net operating loss carryforwards was reduced by a valuation allowance of approximately $53.2 million for the losses of various members of the affiliated group in states for which the Company determined that it is "more likely than not" that the benefit of the net operating losses will not be realized.

See Recently Adopted Accounting Pronouncements in Note 1 for the Company’s adoption of ASU No. 2016-16, Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory and the impact of the adoption on deferred taxes.

Deferred tax assets and liabilities are presented as follows in the accompanying consolidated balance sheets:



(in thousands of dollars)	February 2, 2019		February 3, 2018
Net deferred tax assets—other assets	$	—	$	(710	)
Net deferred tax liabilities—deferred income taxes	13,487		116,831
Net deferred income taxes	$	13,487	$	116,121

The total amount of unrecognized tax benefits as of February 2, 2019 was $2.7 million, of which $1.6 million would, if recognized, affect the Company’s effective tax rate. The total amount of unrecognized tax benefits as of February 3, 2018 was $3.2 million, of which $2.3 million would, if recognized, affect the Company's effective tax rate. The Company does not expect a significant change in unrecognized tax benefits in the next twelve months. Where applicable, associated interest and penalties are also recorded. The total amounts of interest and penalties were not material.

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:



(in thousands of dollars)	Fiscal 2018			Fiscal 2017			Fiscal 2016
Unrecognized tax benefits at beginning of period	$	3,189		$	4,013		$	4,265
Gross increases—tax positions in prior period	37			2			43
Gross decreases—tax positions in prior period	(606		)	(710		)	(538		)
Gross increases—current period tax positions	483			417			386
Settlements	—			(81		)	—
Lapse of statutes of limitation	(415		)	(452		)	(143		)
Unrecognized tax benefits at end of period	$	2,688		$	3,189		$	4,013

The fiscal tax years that remain subject to examination for the federal tax jurisdiction and major state tax jurisdictions are 2015 and forward. At this time, the Company does not expect the results from any income tax audit to have a material impact on the Company's consolidated financial statements.

Income taxes paid, net of income tax refunds received, during fiscal 2018, 2017 and 2016 were approximately $68.4 million, $93.9 million and $129.4 million, respectively.

Subordinated Debentures	12 Months Ended
Subordinated Debentures	Feb. 02, 2019
Subordinated Debentures
Subordinated Debentures	Subordinated Debentures At February 2, 2019, the Company had $200 million outstanding of its 7.5% subordinated debentures due August 1, 2038. All of these subordinated debentures were held by Dillard's Capital Trust I ("Trust"), a 100% owned unconsolidated finance subsidiary of the Company. The subordinated debentures are the sole asset of the Trust. The Company has the right to defer the payment of interest on the subordinated debentures at any time for a period not to exceed 20 consecutive quarters. At February 2, 2019, the Trust had outstanding $200 million liquidation amount of 7.5% Capital Securities, due August 1, 2038 (the "Capital Securities"). Holders of the Capital Securities are entitled to receive cumulative cash distributions, payable quarterly, at the annual rate of 7.5% of the liquidation amount of $25 per Capital Security. The Capital Securities are subject to mandatory redemption upon repayment of the Company's subordinated debentures. The Company's obligations under the subordinated debentures and related agreements, taken together, provide a full and unconditional guarantee of payments due on the Capital Securities. The Trust is a variable interest entity and is not consolidated into the Company's financial statements, since the Company is not the primary beneficiary of the Trust.

Benefit Plans

12 Months Ended

Feb. 02, 2019

Retirement Benefits [Abstract]

Benefit Plans

The Company has a retirement plan with a 401(k)-salary deferral feature for eligible employees. Under the terms of the plan, eligible employees could contribute up to the lesser of $18,500 ($24,500 if at least 50 years of age) or 75% of eligible pay. Eligible employees with 1 year of service, who elect to participate in the plan or are auto-enrolled, receive a Company matching contribution. Company matching contributions are calculated on the eligible employee's first 6% of elective deferrals with the first 1% being matched 100% and the next 5% being matched 50%. The Company matching contributions are used to purchase Class A Common Stock of the Company for the benefit of the employee. This stock may be immediately diversified into any of the other funds within the plan at the election of the employee. The terms of the plan provide a two-year vesting schedule for the Company matching contribution portion of the plan.

The Company incurred benefit plan expense of approximately $19 million for fiscal 2018 and $18 million for each of fiscal 2017 and 2016. Benefit plan expenses are included in selling, general and administrative expenses.

The Company has an unfunded, nonqualified defined benefit plan ("Pension Plan") for its officers. The Pension Plan is noncontributory and provides benefits based on years of service and compensation during employment. Pension expense is determined using an actuarial cost method to estimate the total benefits ultimately payable to officers and allocates this cost to service periods. The actuarial assumptions used to calculate pension costs are reviewed annually. The service cost component of net periodic benefit costs is included in selling, general and administrative expenses, and the interest costs and net actuarial loss components are included in other expense in the consolidated statements of income.

The accumulated benefit obligations, change in projected benefit obligation, change in Pension Plan assets, funded status, and reconciliation to amounts recognized in the consolidated balance sheets are as follows:



(in thousands of dollars)	February 2, 2019			February 3, 2018
Change in benefit obligation:
Benefit obligation at beginning of year	$	194,733		$	183,617
Service cost	3,687			3,494
Interest cost	7,131			7,229
Actuarial (gain) loss	(6,294		)	5,701
Benefits paid	(5,392		)	(5,308		)
Benefit obligation at end of year	$	193,865		$	194,733
Change in Pension Plan assets:
Fair value of Pension Plan assets at beginning of year	$	—		$	—
Employer contribution	5,392			5,308
Benefits paid	(5,392		)	(5,308		)
Fair value of Pension Plan assets at end of year	$	—		$	—
Funded status (Pension Plan assets less benefit obligation)	$	(193,865	)	$	(194,733	)
Amounts recognized in the balance sheets:
Accrued benefit liability	$	(193,865	)	$	(194,733	)
Net amount recognized	$	(193,865	)	$	(194,733	)
Pretax amounts recognized in accumulated other comprehensive loss:
Net actuarial loss	$	16,880		$	23,702
Prior service cost	—			—
Net amount recognized	$	16,880		$	23,702

Accumulated benefit obligation at end of year	$	(192,982	)	$	(193,824	)

The accrued benefit liability is included in other liabilities. At February 2, 2019 and February 3, 2018, the current portion of the accrued benefit liability of $5.3 million $5.0 million, respectively, is included in trade accounts payable and accrued expenses.

The discount rate that the Company utilizes for determining future pension obligations is based on the FTSE Above Median Pension Index Curve (formerly the Citigroup Above Median Pension Index Curve) on its annual measurement date as of the end of each fiscal year and is matched to the future expected cash flows of the benefit plans by annual periods. The discount rate increased to 4.0% as of February 2, 2019 from 3.7% as of February 3, 2018. Weighted average assumptions are as follows:



	Fiscal 2018		Fiscal 2017		Fiscal 2016
Discount rate—net periodic pension cost	3.7	%	4.0	%	4.2	%
Discount rate—benefit obligations	4.0	%	3.7	%	4.0	%
Rate of compensation increases	2.0	%	2.0	%	3.0	%

The components of net periodic benefit costs are as follows:



(in thousands of dollars)	Fiscal 2018			Fiscal 2017		Fiscal 2016
Components of net periodic benefit costs:
Service cost	$	3,687		$	3,494	$	3,934
Interest cost	7,131			7,229		7,678
Net actuarial loss	529			—		1,204
Amortization of prior service cost	—			—		—
Plan curtailment gain	—			—		—
Net periodic benefit costs	$	11,347		$	10,723	$	12,816
Other changes in benefit obligations recognized in other comprehensive (income) loss:
Net actuarial (gain) loss	$	(6,823	)	$	5,701	$	(9,668	)
Amortization of prior service cost	—			—		—
Total recognized in other comprehensive (income) loss	$	(6,823	)	$	5,701	$	(9,668	)
Total recognized in net periodic benefit costs and other comprehensive income or loss	$	4,524		$	16,424	$	3,148

The estimated future benefits payments for the nonqualified benefit plan are as follows:



(in thousands of dollars)
Fiscal Year
2019	$	5,391	*
2020	9,363
2021	9,601
2022	10,980
2023	11,409
2024 - 2028	70,409
Total payments for next ten fiscal years	$	117,153

___________________________________

* The estimated benefit payment for fiscal 2019 also represents the amount the Company expects to contribute to the Pension Plan for fiscal 2019.

Stockholders' Equity

12 Months Ended

Feb. 02, 2019

Stockholders' Equity Note [Abstract]

Stockholders' Equity

Capital stock is comprised of the following:



Type	Par Value		Shares Authorized
Preferred (5% cumulative)	$	100.00	5,000
Additional preferred	$	0.01	10,000,000
Class A, common	$	0.01	289,000,000
Class B, common	$	0.01	11,000,000

Holders of Class A are empowered as a class to elect one-third of the members of the Board of Directors, and the holders of Class B are empowered as a class to elect two-thirds of the members of the Board of Directors. Shares of Class B are convertible at the option of any holder thereof into shares of Class A at the rate of one share of Class B for one share of Class A.

Stock Repurchase Programs

All repurchases of the Company's Class A Common Stock were made at the market price at the trade date and all amounts paid to reacquire these shares were allocated to Treasury Stock.

Stock Plans

The Company’s Board of Directors has authorized the Company to repurchase the Company’s Class A Common Stock under open-ended stock repurchase plans. The following is a summary of share repurchase activity for the periods indicated (in thousands, except per share data):



	Fiscal 2018		Fiscal 2017		Fiscal 2016
Cost of shares repurchased	$	127,884	$	219,011	$	246,173
Number of shares repurchased	1,797		4,097		3,810
Average price per share	$	71.17	$	53.46	$	64.61

On March 1, 2018, the Company announced that the Company's Board of Directors approved a new stock repurchase program authorizing the Company to repurchase up to $500 million of its Class A Common Stock ("March 2018 Stock Plan"). During fiscal 2018, the Company completed the authorization under the Company's previous stock repurchase plan authorized by the Company's Board of Directors in February 2016 and began share repurchases under the March 2018 Stock Plan. As of February 2, 2019, $406.9 million authorization remained under this stock repurchase plan.

Accumulated Other Comprehensive Loss ("AOCL")

12 Months Ended

Feb. 02, 2019

Equity [Abstract]

Accumulated Other Comprehensive Loss (AOCL)

Accumulated Other Comprehensive Loss ("AOCL")

Reclassifications from AOCL

Reclassifications from AOCL are summarized as follows (in thousands):



	Amount Reclassified from AOCL				Affected Line Item in the Statement Where Net Income Is Presented
Details about AOCL Components	Fiscal 2018		Fiscal 2017
Defined benefit pension plan items
Amortization of prior service cost	$	—	$	—	(1)
Amortization of actuarial losses	529		—		(1)
	529		—		Total before tax
	128		—		Income tax expense
	$	401	$	—	Total net of tax

_____________________________

(1) These items are included in the computation of net periodic benefit costs. See Note 8 for additional information.

Changes in AOCL

Changes in AOCL by component (net of tax) are summarized as follows (in thousands):



	Defined Benefit Pension Plan Items
	Fiscal 2018			Fiscal 2017
Beginning balance	$	15,444		$	11,137

Other comprehensive (income) loss before reclassifications	(4,776		)	4,307
Amounts reclassified from AOCL	(401		)	—
Reclassification due to the adoption of ASU No. 2018-02	2,542			—
Net other comprehensive (income) loss	(2,635		)	4,307

Ending balance	$	12,809		$	15,444

Earnings per Share

12 Months Ended

Feb. 02, 2019

Earnings Per Share [Abstract]

Earnings per Share

Basic earnings per share has been computed based upon the weighted average of Class A and Class B common shares outstanding. As no stock options or other dilutive securities were outstanding during any of the respective periods, the calculation of basic and dilutive earnings per share are the same.

Earnings per common share has been computed as follows:



	Fiscal 2018				Fiscal 2017				Fiscal 2016
(in thousands, except per share data)	Basic		Diluted		Basic		Diluted		Basic		Diluted
Net earnings available for per-share calculation	$	170,263	$	170,263	$	221,324	$	221,324	$	169,220	$	169,220
Average shares of common stock outstanding	27,312		27,312		29,487		29,487		34,308		34,308
Dilutive effect of stock-based compensation	—		—		—		—		—		—
Total average equivalent shares	27,312		27,312		29,487		29,487		34,308		34,308
Per share of common stock:
Net income	$	6.23	$	6.23	$	7.51	$	7.51	$	4.93	$	4.93

Commitments and Contingencies

12 Months Ended

Feb. 02, 2019

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

Rental expense consists of the following:



(in thousands of dollars)	Fiscal 2018		Fiscal 2017		Fiscal 2016
Operating leases:
Buildings:
Minimum rentals	$	14,215	$	14,843	$	15,379
Contingent rentals	3,390		3,449		3,745
Equipment	11,041		9,720		6,830
	$	28,646	$	28,012	$	25,954

Contingent rentals on certain leases are based on a percentage of annual sales in excess of specified amounts. Other contingent rentals are based entirely on a percentage of sales.

The future minimum rental commitments as of February 2, 2019 for all non-cancelable leases for buildings and equipment are as follows:



(in thousands of dollars) Fiscal Year	Operating Leases		Capital Leases
2019	$	19,847	$	1,428
2020	15,423		1,077
2021	10,691		726
2022	4,896		—
2023	3,378		—
After 2023	14,532		—
Total minimum lease payments	$	68,767	3,231
Less amount representing interest			(351		)
Present value of net minimum lease payments (of which $1,214 is currently payable)			$	2,880

Renewal options from three to 20 years exist on the majority of leased properties.

At February 2, 2019, the Company is committed to incur costs of approximately $1.3 million to acquire, complete and furnish certain stores and equipment.

At February 2, 2019, letters of credit totaling $21.8 million were issued under the Company's $800 million revolving credit facility.

Various legal proceedings, in the form of lawsuits and claims, which occur in the normal course of business, are pending against the Company and its subsidiaries. In the opinion of management, disposition of these matters is not expected to materially affect the Company's financial position, cash flows or results of operations.

Asset Impairment and Store Closing Charges	12 Months Ended
Asset Impairment and Store Closing Charges	Feb. 02, 2019
Asset Impairment and Store Closing Charges
Asset Impairment and Store Closing Charges	Asset Impairment and Store Closing Charges During fiscal 2018 and 2017, no asset impairment and store closing charges were recorded. During fiscal 2016, the Company recorded a pretax charge of $6.5 million for asset impairment. The charge was for the write-down of a certain cost method investment.

Fair Value Disclosures	12 Months Ended
Fair Value Disclosures	Feb. 02, 2019
Fair Value Disclosures [Abstract]
Fair Value Disclosures	Fair Value Disclosures The estimated fair values of financial instruments which are presented herein have been determined by the Company using available market information and appropriate valuation methodologies. However, considerable judgment is required in interpreting market data to develop estimates of fair value. Accordingly, the estimates presented herein are not necessarily indicative of amounts the Company could realize in a current market exchange. The fair value of the Company's long-term debt and subordinated debentures is based on market prices and are categorized as Level 1 in the fair value hierarchy. The fair value of the Company's cash and cash equivalents and trade accounts receivable approximates their carrying values at February 2, 2019 and February 3, 2018 due to the short-term maturities of these instruments. The fair values of the Company's long-term debt at February 2, 2019 and February 3, 2018 were approximately $384 million and $571 million, respectively. The carrying value of the Company's long-term debt at February 2, 2019 and February 3, 2018 was approximately $366 million and $526 million, respectively. The fair value of the subordinated debentures at February 2, 2019 and February 3, 2018 was approximately $215 million and $203 million, respectively. The carrying value of the subordinated debentures at February 2, 2019 and February 3, 2018 was $200 million. During fiscal 2016, the Company recognized an impairment charge of $6.5 million on a cost method investment. The Company evaluated all factors and determined that an other-than-temporary impairment charge was necessary. Cost method investments are recorded in other assets on the consolidated balance sheets.

- 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

Quarterly Results of Operations (unaudited)

12 Months Ended

Feb. 02, 2019

Quarterly Financial Information Disclosure [Abstract]

Quarterly Results of Operations (unaudited)



	Fiscal 2018, Three Months Ended
(in thousands of dollars, except per share data)	May 5		August 4			November 3		February 2
Net sales	$	1,458,262	$	1,468,023		$	1,419,213	$	2,010,611
Gross profit	554,521		450,846			464,276		594,946
Net income (loss)	80,548		(2,868		)	7,425		85,158
Diluted earnings per share:
Net income (loss)	$	2.89	$	(0.10	)	$	0.27	$	3.22



	Fiscal 2017, Three Months Ended
(in thousands of dollars, except per share data)	April 29		July 29			October 28		February 3
Net sales	$	1,418,460	$	1,427,280		$	1,354,964	$	2,060,773
Gross profit	548,375		420,226			464,888		628,270
Net income (loss)	66,302		(17,080		)	14,539		157,563
Diluted earnings per share:
Net income (loss)	$	2.12	$	(0.58	)	$	0.50	$	5.55

Total of quarterly earnings per common share may not equal the annual amount because net income per common share is calculated independently for each quarter.

Quarterly information for fiscal 2018 and fiscal 2017 includes the following items:

Fourth Quarter

2017


•	an estimated tax benefit of approximately $77.4 million ($2.73 per share) related to the Tax Cuts and Jobs Act of 2017

Third Quarter

2018


•	$2.9 million ($0.11 per share) in tax benefits related to additional federal tax credits and an update of the provisional amounts recorded for the income tax effects of the Tax Cuts and Jobs Act of 2017

2017


•	a $4.8 million pretax gain ($3.1 million after tax or $0.11 per share) primarily related to the sale of a store property and insurance recovery on a previously damaged full-line store location partially offset by a loss on the sale of equipment


•	a pretax charge of $0.8 million ($0.5 million after tax or $0.02 per share) due to the write-off of certain deferred financing fees in connection with the amendment and extension of the Company's senior unsecured revolving credit facility

Description of Business and Summary of Significant Accounting Policies (Policies)

12 Months Ended

Feb. 02, 2019

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Revenue Recognition Gift Cards Breakage [Policy Text Block]

Consolidation

Use of Estimates

Cash Equivalents and Restricted Cash

Accounts Receivable

Merchandise Inventories

Property and Equipment



Buildings and leasehold improvements	20 - 40 years
Furniture, fixtures and equipment	3 - 10 years

Long-Lived Assets

Other Assets

Other assets also include investments accounted for by the equity and cost methods.

Gift card breakage income, recognition period

60 months

Advertising

Income Taxes

Shipping and Handling

Shipping and Handling—The Company records shipping and handling reimbursements in service charges and other income. The Company records shipping and handling costs in cost of sales.

Defined Benefit Retirement Plans

Income on and Equity in Losses of Joint Ventures

Comprehensive Income

Supply Concentration

Supply Concentration—The Company purchases merchandise from many sources and does not believe that the Company was dependent on any one supplier during fiscal 2018.

Description of Business and Summary of Significant Accounting Policies (Tables)

12 Months Ended

Feb. 02, 2019

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of estimated useful lives



Buildings and leasehold improvements	20 - 40 years
Furniture, fixtures and equipment	3 - 10 years

Business Segments (Tables)

12 Months Ended

Feb. 02, 2019

Segment Reporting [Abstract]

Summary of percentage of net sales by segment and major product line



	Percentage of Net Sales
	Fiscal 2018		Fiscal 2017		Fiscal 2016
Retail operations segment:
Cosmetics	14	%	14	%	14	%
Ladies' apparel	22		23		22
Ladies' accessories and lingerie	15		16		16
Juniors' and children's apparel	9		8		8
Men's apparel and accessories	17		17		17
Shoes	15		16		16
Home and furniture	4		4		4
	96		98		97
Construction segment	4		2		3
Total	100	%	100	%	100	%

Schedule of segment information



(in thousands of dollars)	Retail Operations		Fiscal 2018 Construction			Consolidated
Net sales from external customers	$	6,120,758	$	235,351		$	6,356,109
Gross profit	2,056,010		8,579			2,064,589
Depreciation and amortization	223,175		640			223,815
Interest and debt expense (income), net	52,574		(56		)	52,518
Income before income taxes and income on and equity in earnings of joint ventures	203,330		4,632			207,962
Income on and equity in earnings of joint ventures	31		—			31
Total assets	3,384,277		47,092			3,431,369



(in thousands of dollars)	Retail Operations		Fiscal 2017 Construction			Consolidated
Net sales from external customers	$	6,108,037	$	153,440		$	6,261,477
Gross profit	2,054,969		6,790			2,061,759
Depreciation and amortization	230,946		649			231,595
Interest and debt expense (income), net	62,638		(58		)	62,580
Income before income taxes and income on and equity in earnings of joint ventures	210,969		1,720			212,689
Income on and equity in earnings of joint ventures	835		—			835
Total assets	3,650,393		32,310			3,682,703



(in thousands of dollars)	Retail Operations		Fiscal 2016 Construction			Consolidated
Net sales from external customers	$	6,071,570	$	185,567		$	6,257,137
Gross profit	2,081,935		8,791			2,090,726
Depreciation and amortization	242,981		676			243,657
Interest and debt expense (income), net	63,127		(68		)	63,059
Income before income taxes and income on and equity in earnings of joint ventures	253,887		3,788			257,675
Income on and equity in earnings of joint ventures	45		—			45
Total assets	3,842,730		55,720			3,898,450

Long-Term Debt (Tables)

12 Months Ended

Feb. 02, 2019

Long-term Debt, Unclassified [Abstract]

Schedule of maturities of long-term debt

Long-term debt maturities over the next five years are (in millions):



Fiscal Year	Long-Term Debt Maturities
2019	$	—
2020	—
2021	—
2022	44.8
2023	—

Schedule of net interest and debt expense



(in thousands of dollars)	Fiscal 2018			Fiscal 2017			Fiscal 2016
Interest on long-term debt and subordinated debentures	$	47,742		$	59,579		$	59,268
Revolving credit facility expenses	4,504			2,096			2,349
Amortization of debt expense	977			1,326			1,594
Interest on capital lease obligations	321			418			507
Investment interest income	(1,030		)	(842		)	(663		)
Other interest	4			3			4
	$	52,518		$	62,580		$	63,059

Trade Accounts Payable and Accrued Expenses (Tables)

12 Months Ended

Feb. 02, 2019

Payables and Accruals [Abstract]

Schedule of trade accounts payable and accrued expenses



(in thousands of dollars)	February 2, 2019		February 3, 2018
Trade accounts payable	$	743,330	$	657,586
Accrued expenses:
Taxes, other than income	47,646		59,977
Salaries, wages and employee benefits	64,370		62,351
Liability to customers	52,677		52,215
Interest	3,961		4,174
Rent	2,419		2,516
Other	6,802		6,462
	$	921,205	$	845,281

Income Taxes (Tables)

12 Months Ended

Feb. 02, 2019

Income Tax Disclosure [Abstract]

Schedule of provision for federal and state income taxes



(in thousands of dollars)	Fiscal 2018			Fiscal 2017			Fiscal 2016
Current:
Federal	$	34,960		$	91,799		$	120,872
State	2,436			2,466			3,331
	37,396			94,265			124,203
Deferred:
Federal	2,353			(100,954		)	(34,797		)
State	(2,019		)	(1,111		)	(906		)
	334			(102,065		)	(35,703		)
	$	37,730		$	(7,800	)	$	88,500

Schedule of reconciliation between the Company's income tax provision and income taxes using the federal income tax rate



(in thousands of dollars)	Fiscal 2018			Fiscal 2017			Fiscal 2016
Income tax at the statutory federal rate (inclusive of income on and equity in earnings of joint ventures)	$	43,679		$	72,000		$	90,202
State income taxes, net of federal benefit (inclusive of income on and equity in earnings of joint ventures)	2,538			(22		)	954
Net changes in unrecognized tax benefits, interest and penalties /reserves	(421		)	(448		)	(323		)
Tax benefit of federal credits	(4,563		)	(4,440		)	(2,434		)
Changes in cash surrender value of life insurance policies	(410		)	(441		)	(914		)
Changes in valuation allowance	(2,039		)	222			1,857
Tax benefit of dividends paid to ESOP	(621		)	(810		)	(785		)
Estimated adjustments to net deferred tax liabilities for enacted changes in tax laws and rates	(1,521		)	(74,216		)	—
Other	1,088			355			(57		)
	$	37,730		$	(7,800	)	$	88,500

Schedule of deferred tax assets and liabilities



(in thousands of dollars)	February 2, 2019			February 3, 2018
Property and equipment bases and depreciation differences	$	22,942		$	126,401
Prepaid expenses	45,101			41,124
Joint venture bases differences	6,889			7,889
Differences between book and tax bases of inventory	18,770			22,436
Other	2,953			3,436
Total deferred tax liabilities	96,655			201,286
Accruals not currently deductible	(66,325		)	(66,941		)
Net operating loss carryforwards	(67,512		)	(72,452		)
State income taxes	(236		)	(419		)
Other	(2,267		)	(1,525		)
Total deferred tax assets	(136,340		)	(141,337		)
Net operating loss valuation allowance	53,172			56,172
Net deferred tax assets	(83,168		)	(85,165		)
Net deferred income taxes	$	13,487		$	116,121

Schedule of classification of deferred tax assets and liabilities



(in thousands of dollars)	February 2, 2019		February 3, 2018
Net deferred tax assets—other assets	$	—	$	(710	)
Net deferred tax liabilities—deferred income taxes	13,487		116,831
Net deferred income taxes	$	13,487	$	116,121

Schedule of reconciliation of beginning and ending amount of unrecognized tax benefits



(in thousands of dollars)	Fiscal 2018			Fiscal 2017			Fiscal 2016
Unrecognized tax benefits at beginning of period	$	3,189		$	4,013		$	4,265
Gross increases—tax positions in prior period	37			2			43
Gross decreases—tax positions in prior period	(606		)	(710		)	(538		)
Gross increases—current period tax positions	483			417			386
Settlements	—			(81		)	—
Lapse of statutes of limitation	(415		)	(452		)	(143		)
Unrecognized tax benefits at end of period	$	2,688		$	3,189		$	4,013

Benefit Plans (Tables)

12 Months Ended

Feb. 02, 2019

Retirement Benefits [Abstract]

Schedule of accumulated benefit obligation, changes in projected benefit obligation, change in Pension Plan assets, funded status and reconciliation to amounts recognized in the consolidated balance sheets



(in thousands of dollars)	February 2, 2019			February 3, 2018
Change in benefit obligation:
Benefit obligation at beginning of year	$	194,733		$	183,617
Service cost	3,687			3,494
Interest cost	7,131			7,229
Actuarial (gain) loss	(6,294		)	5,701
Benefits paid	(5,392		)	(5,308		)
Benefit obligation at end of year	$	193,865		$	194,733
Change in Pension Plan assets:
Fair value of Pension Plan assets at beginning of year	$	—		$	—
Employer contribution	5,392			5,308
Benefits paid	(5,392		)	(5,308		)
Fair value of Pension Plan assets at end of year	$	—		$	—
Funded status (Pension Plan assets less benefit obligation)	$	(193,865	)	$	(194,733	)
Amounts recognized in the balance sheets:
Accrued benefit liability	$	(193,865	)	$	(194,733	)
Net amount recognized	$	(193,865	)	$	(194,733	)
Pretax amounts recognized in accumulated other comprehensive loss:
Net actuarial loss	$	16,880		$	23,702
Prior service cost	—			—
Net amount recognized	$	16,880		$	23,702

Accumulated benefit obligation at end of year	$	(192,982	)	$	(193,824	)

Schedule of weighted average assumption



	Fiscal 2018		Fiscal 2017		Fiscal 2016
Discount rate—net periodic pension cost	3.7	%	4.0	%	4.2	%
Discount rate—benefit obligations	4.0	%	3.7	%	4.0	%
Rate of compensation increases	2.0	%	2.0	%	3.0	%

Schedule of components of net periodic benefit costs



(in thousands of dollars)	Fiscal 2018			Fiscal 2017		Fiscal 2016
Components of net periodic benefit costs:
Service cost	$	3,687		$	3,494	$	3,934
Interest cost	7,131			7,229		7,678
Net actuarial loss	529			—		1,204
Amortization of prior service cost	—			—		—
Plan curtailment gain	—			—		—
Net periodic benefit costs	$	11,347		$	10,723	$	12,816
Other changes in benefit obligations recognized in other comprehensive (income) loss:
Net actuarial (gain) loss	$	(6,823	)	$	5,701	$	(9,668	)
Amortization of prior service cost	—			—		—
Total recognized in other comprehensive (income) loss	$	(6,823	)	$	5,701	$	(9,668	)
Total recognized in net periodic benefit costs and other comprehensive income or loss	$	4,524		$	16,424	$	3,148

Schedule of estimated future benefits payments for the nonqualified benefit plan



(in thousands of dollars)
Fiscal Year
2019	$	5,391	*
2020	9,363
2021	9,601
2022	10,980
2023	11,409
2024 - 2028	70,409
Total payments for next ten fiscal years	$	117,153

___________________________________

* The estimated benefit payment for fiscal 2019 also represents the amount the Company expects to contribute to the Pension Plan for fiscal 2019.

Stockholders' Equity (Tables)

12 Months Ended

Feb. 02, 2019

Stockholders' Equity Note [Abstract]

Schedule of capital stock



Type	Par Value		Shares Authorized
Preferred (5% cumulative)	$	100.00	5,000
Additional preferred	$	0.01	10,000,000
Class A, common	$	0.01	289,000,000
Class B, common	$	0.01	11,000,000

- Definition

Tabular disclosure of an entity's stock, including par or stated value per share, number and dollar amount of share subscriptions, shares authorized, shares issued, shares outstanding, number and dollar amount of shares held in an employee trust, dividend per share, total dividends, share conversion features, par value plus additional paid in capital, the value of treasury stock and other information necessary to a fair presentation, and EPS information. Stock by class includes common, convertible, and preferred stocks which are not redeemable or redeemable solely at the option of the issuer. Includes preferred stock with redemption features that are solely within the control of the issuer and mandatorily redeemable stock if redemption is required to occur only upon liquidation or termination of the reporting entity. If more than one issue is outstanding, state the title of each issue and the corresponding dollar amount; dollar amount of any shares subscribed but unissued and the deduction of subscriptions receivable there from; number of shares authorized, issued, and outstanding.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21506-112644

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 480
-SubTopic 10
-Section S99
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=65877616&loc=d3e177068-122764

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(d))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 4: 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(29))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21553-112644

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21475-112644

Reference 8: 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(28))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=65888546&loc=d3e21300-112643

Reference 10: 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(27))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21521-112644

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
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-Section 50
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-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21484-112644

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21538-112644

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21488-112644

+ Details

Accumulated Other Comprehensive Loss ("AOCL") (Tables)

12 Months Ended

Feb. 02, 2019

Equity [Abstract]

Reclassification Out of Accumulated Other Comprehensive Income



	Amount Reclassified from AOCL				Affected Line Item in the Statement Where Net Income Is Presented
Details about AOCL Components	Fiscal 2018		Fiscal 2017
Defined benefit pension plan items
Amortization of prior service cost	$	—	$	—	(1)
Amortization of actuarial losses	529		—		(1)
	529		—		Total before tax
	128		—		Income tax expense
	$	401	$	—	Total net of tax

_____________________________

(1) These items are included in the computation of net periodic benefit costs. See Note 8 for additional information.

Change in Accumulated Other Comprehensive Income (Loss)



	Defined Benefit Pension Plan Items
	Fiscal 2018			Fiscal 2017
Beginning balance	$	15,444		$	11,137

Other comprehensive (income) loss before reclassifications	(4,776		)	4,307
Amounts reclassified from AOCL	(401		)	—
Reclassification due to the adoption of ASU No. 2018-02	2,542			—
Net other comprehensive (income) loss	(2,635		)	4,307

Ending balance	$	12,809		$	15,444

Earnings per Share (Tables)

12 Months Ended

Feb. 02, 2019

Earnings Per Share [Abstract]

Schedule of earnings per common share



	Fiscal 2018				Fiscal 2017				Fiscal 2016
(in thousands, except per share data)	Basic		Diluted		Basic		Diluted		Basic		Diluted
Net earnings available for per-share calculation	$	170,263	$	170,263	$	221,324	$	221,324	$	169,220	$	169,220
Average shares of common stock outstanding	27,312		27,312		29,487		29,487		34,308		34,308
Dilutive effect of stock-based compensation	—		—		—		—		—		—
Total average equivalent shares	27,312		27,312		29,487		29,487		34,308		34,308
Per share of common stock:
Net income	$	6.23	$	6.23	$	7.51	$	7.51	$	4.93	$	4.93

Commitments and Contingencies (Tables)

12 Months Ended

Feb. 02, 2019

Commitments and Contingencies Disclosure [Abstract]

Schedule of rental expense



(in thousands of dollars)	Fiscal 2018		Fiscal 2017		Fiscal 2016
Operating leases:
Buildings:
Minimum rentals	$	14,215	$	14,843	$	15,379
Contingent rentals	3,390		3,449		3,745
Equipment	11,041		9,720		6,830
	$	28,646	$	28,012	$	25,954

Schedule of future minimum rental commitments



(in thousands of dollars) Fiscal Year	Operating Leases		Capital Leases
2019	$	19,847	$	1,428
2020	15,423		1,077
2021	10,691		726
2022	4,896		—
2023	3,378		—
After 2023	14,532		—
Total minimum lease payments	$	68,767	3,231
Less amount representing interest			(351		)
Present value of net minimum lease payments (of which $1,214 is currently payable)			$	2,880

Quarterly Results of Operations (unaudited) (Tables)

12 Months Ended

Feb. 02, 2019

Quarterly Financial Information Disclosure [Abstract]

Schedule of quarterly results of operations



	Fiscal 2018, Three Months Ended
(in thousands of dollars, except per share data)	May 5		August 4			November 3		February 2
Net sales	$	1,458,262	$	1,468,023		$	1,419,213	$	2,010,611
Gross profit	554,521		450,846			464,276		594,946
Net income (loss)	80,548		(2,868		)	7,425		85,158
Diluted earnings per share:
Net income (loss)	$	2.89	$	(0.10	)	$	0.27	$	3.22



	Fiscal 2017, Three Months Ended
(in thousands of dollars, except per share data)	April 29		July 29			October 28		February 3
Net sales	$	1,418,460	$	1,427,280		$	1,354,964	$	2,060,773
Gross profit	548,375		420,226			464,888		628,270
Net income (loss)	66,302		(17,080		)	14,539		157,563
Diluted earnings per share:
Net income (loss)	$	2.12	$	(0.58	)	$	0.50	$	5.55

Description of Business and Summary of Significant Accounting Policies (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 02, 2019	Feb. 03, 2018	Jan. 28, 2017
Property and Equipment
Disposal group, including discontinued operation, long lived assets	$ 8,600
Proceeds from assets held for sale	1,900
Accumulated capitalized interest costs	200	$ 700	$ 100
Gain on disposal of assets	(48)	4,860	905
Depreciation expense	$ 223,815	$ 231,595	$ 243,657
Number of days in a fiscal year	364 days	371 days	364 days
Cash Equivalents and Restricted Cash
Maximum original maturity period of highly liquid investments classified as cash equivalents	3 months
Receivable settlement period, minimum	2 days
Receivable settlement period, maximum	3 days
Accounts Receivable
Number of days in which accounts receivable are ordinarily due	30 days
Number of days in which contract retentions are due	30 days
Minimum number of days past due for accounts receivable to be considered delinquent	120 days
Merchandise Inventories
Percentage of inventories valued at the lower of cost or market using LIFO retail inventory method	97.00%
Buildings and leasehold improvements \| Minimum
Property and Equipment
Estimated useful lives	20 years
Buildings and leasehold improvements \| Maximum
Property and Equipment
Estimated useful lives	40 years
Furniture, fixtures and equipment \| Minimum
Property and Equipment
Estimated useful lives	3 years
Furniture, fixtures and equipment \| Maximum
Property and Equipment
Estimated useful lives	10 years
Property and equipment
Property and Equipment
Gain on disposal of assets		$ 4,900	$ 900

Description of Business and Summary of Significant Accounting Policies (Details 2) - USD ($) $ in Thousands	12 Months Ended
	Feb. 02, 2019	Feb. 03, 2018	Jan. 28, 2017
Schedule of Equity and Cost Method Investments [Line Items]
Gain on disposal of assets	$ 48	$ (4,860)	$ (905)
Proceeds from disposal of assets	2,003	11,683	1,150
Asset impairment and store closing charges	0	0	6,500
Distribution from joint venture	3,835	3,460	2,500
Income on and equity in earnings of joint ventures	31	835	45
Revenue Recognition
Income received from private label credit cards under the Alliance	$ 94,000	101,000	104,000
Original term of Wells Fargo Alliance	10 years
Gift Card Revenue Recognition
Gift card breakage income, recognition period	60 months
Gift card liabilities	$ 58,200	58,900
Advertising
Advertising expense	40,400	42,500	42,800
Cooperative advertisement reimbursements	$ 15,100	$ 19,900	$ 27,500
Minimum
Revenue Recognition
Typical term of CDI construction contracts	9 months
Maximum
Revenue Recognition
Typical term of CDI construction contracts	18 months

Description of Business and Summary of Significant Accounting Policies Description of Business and Summary of Significant Accounting Policies(ASU2016-16) (Details) - USD ($) $ in Thousands	9 Months Ended
	Nov. 03, 2018	Feb. 02, 2019	May 05, 2018	Feb. 03, 2018
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Deferred charge related to the REIT transaction		$ 0	$ 173,700	$ 173,700
Deferred Tax Assets, Net			$ 104,600	$ 710
Cumulative Effect on Retained Earnings, Net of Tax	$ 69,100

Description of Business and Summary of Significant Accounting Policies Description of Business and Summary of Significant Accounting Policies(ASU2014-09) (Details) - USD ($) $ in Thousands	Feb. 02, 2019	Feb. 03, 2018	Jan. 28, 2017
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Accounts Receivable, Construction Segment	$ 31,867	$ 20,136	$ 30,190
Contract with Customer, Liability	$ 72,852	$ 73,059	$ 73,639

Description of Business and Summary of Significant Accounting Policies Description of Business and Summary of Significant Accounting Policies-New Acct Pronouncements or Change in Accounting Principle (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Oct. 28, 2017	Feb. 02, 2019	Feb. 03, 2018	Jan. 28, 2017	Nov. 03, 2018
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Revenue Recognized, previously recorded in Billings in excess of costs and estimated earnings		$ 5,200	$ 8,600
Other current assets		68,753	50,359
Accounts Payable and Accrued Liabilities			845,281
Accounts Receivable, Net, Current			38,437
New Accounting Pronouncement or Change in Accounting Principle, Cumulative Effect of Change on Equity or Net Assets					$ 2,500
Revenue, Remaining Performance Obligation		143,900	273,900
Contract with Customer, Liability, Revenue Recognized	$ 54,900	55,300
Billings in excess of costs and estimated earnings on uncompleted contracts, construction segment		7,414	5,503	$ 8,826
Costs and estimated earnings in excess of billings on uncompleted contracts, construction segment		$ 1,165	1,213	922
Pension Expense, Interest and Amortization of Actuarial Loss			7,200	$ 8,900
Restatement Adjustment [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Other current assets			10,747
Accounts Payable and Accrued Liabilities			9,534
Accounts Receivable, Net, Current			(1,213)
Scenario, Previously Reported [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Other current assets			39,612
Accounts Payable and Accrued Liabilities			835,747
Accounts Receivable, Net, Current			$ 39,650

Business Segments (Details) $ in Thousands	3 Months Ended								9 Months Ended	12 Months Ended
Business Segments (Details) $ in Thousands	Feb. 02, 2019 USD ($)	Nov. 03, 2018 USD ($)	Aug. 04, 2018 USD ($)	May 05, 2018 USD ($)	Feb. 03, 2018 USD ($)	Oct. 28, 2017 USD ($)	Jul. 29, 2017 USD ($)	Apr. 29, 2017 USD ($)	Nov. 03, 2018 segment	Feb. 02, 2019 USD ($) segment store	Feb. 03, 2018 USD ($)	Jan. 28, 2017 USD ($)
Business Segments
Number of Reportable Segments \| segment									2	2
Percentage of net sales by segment and major product line										100.00%	100.00%	100.00%
Net sales from external customers	$ 2,010,611	$ 1,419,213	$ 1,468,023	$ 1,458,262	$ 2,060,773	$ 1,354,964	$ 1,427,280	$ 1,418,460		$ 6,356,109	$ 6,261,477	$ 6,257,137
Gross profit	594,946	$ 464,276	$ 450,846	$ 554,521	628,270	$ 464,888	$ 420,226	$ 548,375		2,064,589	2,061,759	2,090,726
Depreciation and amortization										223,815	231,595	243,657
Interest and debt expense (income), net										52,518	62,580	63,059
Income before income taxes and income on and equity in earnings of joint ventures										207,962	212,689	257,675
Income on and equity in losses of joint ventures										31	835	45
Total assets	3,431,369				3,682,703					$ 3,431,369	$ 3,682,703	$ 3,898,450
Retail operations
Business Segments
Number of store formats \| store										1
Percentage of net sales by segment and major product line										96.00%	98.00%	97.00%
Net sales from external customers										$ 6,120,758	$ 6,108,037	$ 6,071,570
Gross profit										2,056,010	2,054,969	2,081,935
Depreciation and amortization										223,175	230,946	242,981
Interest and debt expense (income), net										52,574	62,638	63,127
Income before income taxes and income on and equity in earnings of joint ventures										203,330	210,969	253,887
Income on and equity in losses of joint ventures										31	835	45
Total assets	3,384,277				3,650,393					$ 3,384,277	$ 3,650,393	$ 3,842,730
Retail operations \| Cosmetics
Business Segments
Percentage of net sales by segment and major product line										14.00%	14.00%	14.00%
Retail operations \| Ladies' apparel
Business Segments
Percentage of net sales by segment and major product line										22.00%	23.00%	22.00%
Retail operations \| Ladies' accessories and lingerie
Business Segments
Percentage of net sales by segment and major product line										15.00%	16.00%	16.00%
Retail operations \| Juniors' and children's apparel
Business Segments
Percentage of net sales by segment and major product line										9.00%	8.00%	8.00%
Retail operations \| Men's apparel and accessories
Business Segments
Percentage of net sales by segment and major product line										17.00%	17.00%	17.00%
Retail operations \| Shoes
Business Segments
Percentage of net sales by segment and major product line										15.00%	16.00%	16.00%
Retail operations \| Home and furniture
Business Segments
Percentage of net sales by segment and major product line										4.00%	4.00%	4.00%
Construction
Business Segments
Percentage of net sales by segment and major product line										4.00%	2.00%	3.00%
Net sales from external customers										$ 235,351	$ 153,440	$ 185,567
Gross profit										8,579	6,790	8,791
Depreciation and amortization										640	649	676
Interest and debt expense (income), net										(56)	(58)	(68)
Income before income taxes and income on and equity in earnings of joint ventures										4,632	1,720	3,788
Income on and equity in losses of joint ventures										0	0	0
Total assets	$ 47,092				$ 32,310					47,092	32,310	55,720
Intersegment Eliminations [Member]
Business Segments
Net sales from external customers										$ 30,200	$ 47,400	$ 75,500

Revolving Credit Agreement (Details)	3 Months Ended	12 Months Ended
Revolving Credit Agreement (Details)	Oct. 28, 2017 USD ($)	Feb. 02, 2019 USD ($)	Feb. 03, 2018 USD ($)	Jan. 28, 2017 USD ($)
Line of Credit Facility [Abstract]
Line of Credit Facility, Expansion Option		$ 200,000,000
Revolving credit facility maximum borrowing capacity		800,000,000
Credit agreement
write-off deferred debt issuance costs, net of tax	$ 500,000
write-off of deferred debt issuance costs, per share amount	0.02
Write off of Deferred Debt Issuance Cost	$ 800,000	0	$ 797,000	$ 0
Outstanding borrowings under the credit facility		0
Letters of credit issued		21,800,000
Unutilized credit facility borrowing capacity		$ 778,000,000
Annual commitment fee (as a percent)		0.20%
Weighted-average borrowings		$ 85,900,000	$ 9,500,000	$ 19,800,000
Peak Borrowings		$ 329,000,000
LIBOR
Credit agreement
Reference rate		LIBOR
Percentage points added to reference rate		1.375%
Revolving Credit Facility [Member] \| Maximum
Credit agreement
Maximum Leverage Ratio Under Credit Facility		3.5
Revolving Credit Facility [Member] \| Minimum
Credit agreement
Minimum Coverage Ratio Under Credit Facility		2.5

Long-Term Debt (Details) - USD ($) $ in Thousands	12 Months Ended
Long-Term Debt (Details) - USD ($) $ in Thousands	Feb. 02, 2019	Feb. 03, 2018	Jan. 28, 2017
Maturity of long-term debt
2019	$ 0
2020	0
2021	0
2022	44,800
2023	0
Net interest and debt expense
Interest on long-term debt and subordinated debentures	47,742	$ 59,579	$ 59,268
Amortization of debt expense	977	1,326	1,594
Interest on capital lease obligations	321	418	507
Revolving credit facility expenses	4,504	2,096	2,349
Investment interest income	(1,030)	(842)	(663)
Interest Expense, Other	4	3	4
Interest and debt expense, net	52,518	62,580	63,059
Interest paid	52,900	71,600	$ 62,400
Unsecured notes, at rates ranging from 7.000% to 7.88%, due 2018 through 2028
Long-term debt
Long-term debt, including current portion	$ 365,600	$ 526,400
Interest rate on notes (as a percent)	7.00%
Interest Rate on Notes, Maximum	7.875%

Trade Accounts Payable and Accrued Expenses (Details) - USD ($) $ in Thousands	Feb. 02, 2019	Feb. 03, 2018
Trade accounts payable and accrued expenses
Trade accounts payable	$ 743,330	$ 657,586
Accrued expenses:
Taxes, other than income	47,646	59,977
Salaries, wages and employee benefits	64,370	62,351
Liability to customers	52,677	52,215
Interest	3,961	4,174
Rent	2,419	2,516
Other	6,802	6,462
Trade accounts payable and accrued expenses	$ 921,205	$ 845,281

Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
Income Taxes (Details) - USD ($) $ in Thousands	Feb. 02, 2019	Feb. 03, 2018	Jan. 28, 2017
Current:
Federal	$ 34,960	$ 91,799	$ 120,872
State	2,436	2,466	3,331
Total current provision for income taxes	37,396	94,265	124,203
Deferred:
Federal	2,353	(100,954)	(34,797)
State	(2,019)	(1,111)	(906)
Total deferred provision for income taxes	334	(102,065)	(35,703)
Income taxes (benefit)	$ 37,730	$ (7,800)	$ 88,500

Income Taxes (Details 2) - USD ($) $ in Thousands	12 Months Ended
Income Taxes (Details 2) - USD ($) $ in Thousands	Feb. 02, 2019	Feb. 03, 2018	Jan. 28, 2017
Reconciliation between the entity's income tax provision and income taxes using federal statutory income tax rate
Income tax at the statutory federal rate (inclusive of income on and equity in earnings of joint ventures)	$ 43,679	$ 72,000	$ 90,202
State income taxes, net of federal benefit (inclusive of income on and equity in earnings of joint ventures)	2,538	(22)	954
Net changes in unrecognized tax benefits, interest and penalties /reserves	(421)	(448)	(323)
Tax benefit of federal credits	(4,563)	(4,440)	(2,434)
Changes in cash surrender value of life insurance policies	(410)	(441)	(914)
Changes in valuation allowance	(2,039)	222	1,857
Tax benefit of dividends paid to ESOP	(621)	(810)	(785)
Other	1,088	355	(57)
Income taxes (benefit)	37,730	(7,800)	88,500
Estimated Adjustments to net deferred tax liabilities for enacted changes in tax laws and rates	$ (1,521)	$ 74,216	$ 0

Income Taxes (Details 3) - USD ($) $ in Thousands	Feb. 02, 2019	Feb. 03, 2018
Components of deferred tax assets and liabilities
Property and equipment bases and depreciation differences	$ 22,942	$ 126,401
Prepaid expenses	45,101	41,124
Joint venture bases differences	6,889	7,889
Differences between book and tax bases of inventory	18,770	22,436
Other	2,953	3,436
Total deferred tax liabilities	96,655	201,286
Accruals not currently deductible	(66,325)	(66,941)
Net operating loss carryforwards	(67,512)	(72,452)
State income taxes	(236)	(419)
Other	(2,267)	(1,525)
Total deferred tax assets	(136,340)	(141,337)
Net operating loss valuation allowance	53,172	56,172
Net deferred tax assets	(83,168)	(85,165)
Net deferred income taxes	$ 13,487	$ 116,121

Income Taxes (Details 4) - USD ($) $ in Thousands	Feb. 02, 2019	May 05, 2018	Feb. 03, 2018
Income Tax Disclosure [Abstract]
Deferred Tax Assets, Net		$ (104,600)	$ (710)
Portion of unrecognized tax benefits that, if recognized, would affect the effective tax rate	$ 1,600		2,300
Net deferred tax liabilities—deferred income taxes	13,487		116,831
Net deferred income taxes	$ 13,487		$ 116,121

Income Taxes (Details 5) - USD ($) $ in Thousands	12 Months Ended
Income Taxes (Details 5) - USD ($) $ in Thousands	Feb. 02, 2019	Feb. 03, 2018	Jan. 28, 2017
Reconciliation of beginning and ending amount of unrecognized tax benefits
Unrecognized tax benefits at beginning of period	$ 3,189	$ 4,013	$ 4,265
Gross increases—tax positions in prior period	37	2	43
Gross decreases—tax positions in prior period	(606)	(710)	(538)
Gross increases—current period tax positions	483	417	386
Settlements	0	(81)	0
Lapse of statutes of limitation	(415)	(452)	(143)
Unrecognized tax benefits at end of period	2,688	3,189	4,013
Income taxes paid, net of income tax refunds received	$ 68,400	$ 93,900	$ 129,400

Income Taxes Income Taxes (Details 6) (Details) - USD ($) $ / shares in Units, $ in Millions	1 Months Ended	3 Months Ended		11 Months Ended	12 Months Ended
	Feb. 03, 2018	Nov. 03, 2018	Feb. 03, 2018	Dec. 31, 2017	Feb. 02, 2019	Feb. 03, 2018	Jan. 28, 2017
Income Tax Disclosure [Abstract]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	21.00%			35.00%	21.00%	33.72%	35.00%
Estimated Tax Benefits Related to the Tax Act		$ 2.9	$ 77.4
Estimated Tax Benefits of Tax Cuts and Jobs Act, per share amount		$ 0.11	$ 2.73

Subordinated Debentures (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Feb. 02, 2019	Feb. 03, 2018
Note repurchase
Outstanding amount	$ 200,000	$ 200,000
Dillard's Capital Trust I
Note repurchase
Ownership interest percentage held in trust	100.00%
Dillard's Capital Trust I \| 7.5% capital securities due on August 1, 2038, subject to mandatory redemption
Note repurchase
Liquidation amount	$ 200,000
Dividend rate (as a percent)	7.50%
Liquidation amount per security (in dollars per share)	$ 25
Dillard's Capital Trust I \| 7.5% subordinated debentures due on August 1, 2038
Note repurchase
Outstanding amount	$ 200,000
Interest rate (as a percent)	7.50%
Maximum number of consecutive quarters available for deferral of interest payment	5 years

Benefit Plans (Details) - USD ($)	12 Months Ended
Benefit Plans (Details) - USD ($)	Feb. 02, 2019	Feb. 03, 2018	Jan. 28, 2017
Defined Benefit Plan Disclosure [Line Items]
Liability, Defined Benefit Plan, Current	$ 5,300,000.0	$ 5,000,000.0
Employee contribution limit per calendar year	18,500
Employee contribution limit per calendar year for employees attaining at least 50 years of age	$ 24,500
Requisite age of eligible employees for additional contribution	50 years
Employee contribution limit per calendar year (as a percent of eligible pay)	75.00%
Requisite service period of employee, to receive a employer's matching contribution	1 year
Employee's contribution matched by employer (as a percent of elective deferrals)	6.00%
Percentage of elective deferrals, matched 100% by employer	1.00%
Employer match of employee contributions of first 1% of elective deferrals (as a percent)	100.00%
Percentage of elective deferrals, matched 50% by employer	5.00%
Employer match of employee contributions of next 5% of elective deferrals (as a percent)	50.00%
Vesting period for employer's contribution	2 years
Benefit plan expense	$ 19,000,000	18,000,000
Change in benefit obligation:
Benefit obligation at beginning of year	194,733,000	183,617,000
Service cost	3,687,000	3,494,000	$ 3,934,000
Interest cost	7,131,000	7,229,000	7,678,000
Actuarial (gain) loss	(6,294,000)	5,701,000
Benefit obligation at end of year	193,865,000	194,733,000	183,617,000
Change in Pension Plan assets:
Fair value of Pension Plan assets at beginning of year	0	0
Employer contribution	5,392,000	5,308,000
Benefits paid	(5,392,000)	(5,308,000)
Fair value of Pension Plan assets at end of year	0	0	$ 0
Funded status (Pension Plan assets less benefit obligation)	(193,865,000)	(194,733,000)
Amounts recognized in the balance sheets:
Accrued benefit liability	(193,865,000)	(194,733,000)
Net amount recognized	(193,865,000)	(194,733,000)
Net actuarial loss	16,880,000	23,702,000
Prior service cost	0	0
Net amount recognized	16,880,000	23,702,000
Accumulated benefit obligation at end of year	$ (192,982,000)	$ (193,824,000)

Benefit Plans (Details 2) - USD ($) $ in Thousands	12 Months Ended
Benefit Plans (Details 2) - USD ($) $ in Thousands	Feb. 02, 2019	Feb. 03, 2018	Jan. 28, 2017
Weighted average assumptions
Discount rate—net periodic pension cost	3.70%	4.00%	4.20%
Discount rate—benefit obligations	4.00%	3.70%	4.00%
Rate of compensation increases	2.00%	2.00%	3.00%
Components of net periodic benefit costs:
Service cost	$ 3,687	$ 3,494	$ 3,934
Interest cost	7,131	7,229	7,678
Net actuarial loss	529	0	1,204
Amortization of prior service cost	0	0	0
Plan curtailment gain	0	0	0
Net periodic benefit costs	11,347	10,723	12,816
Other changes in benefit obligations recognized in other comprehensive (income) loss:
Net actuarial (gain) loss	(6,823)	5,701	(9,668)
Other Comprehensive Income (Loss), Amortization, Pension and Other Postretirement Benefit Plans, Net Prior Service Cost Recognized in Net Periodic Benefit Cost, before Tax	0	0	0
Total recognized in other comprehensive (income) loss	(6,823)	5,701	(9,668)
Total recognized in net periodic benefit costs and other comprehensive income or loss	$ 4,524	$ 16,424	$ 3,148

Benefit Plans (Details 3)
$ in Thousands

Feb. 02, 2019

USD ($)

Estimated future benefits payments for the nonqualified benefit plan

2019

$ 5,391

^[1]

9,363

9,601

10,980

11,409

70,409

Total payments for next ten fiscal years

$ 117,153

[1]	The estimated benefit payment for fiscal 2019 also represents the amount the Company expects to contribute to the Pension Plan for fiscal 2019.

Stockholders' Equity (Details) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Feb. 02, 2019	Feb. 03, 2018	Jan. 28, 2017	Mar. 01, 2018
Capital stock
Treasury Stock Acquired, Average Cost Per Share	$ 71.17	$ 53.46	$ 64.61
Preferred (5% cumulative)
Capital stock
Preferred stock, par value (in dollars per share)	$ 100.00
Preferred stock, shares authorized	5,000
Additional preferred
Capital stock
Preferred stock, par value (in dollars per share)	$ 0.01
Preferred stock, shares authorized	10,000,000
Common stock Class A
Capital stock
Common stock, par value (in dollars per share)	$ 0.01
Common stock, shares authorized	289,000,000
Percentage of Board of Directors members that common stock holders have a right to elect	33.00%
Number of Class A Common Stock shares received for conversion of each share of Class B Common Stock	1
Common stock Class B (convertible)
Capital stock
Common stock, par value (in dollars per share)	$ 0.01
Common stock, shares authorized	11,000,000
Percentage of Board of Directors members that common stock holders have a right to elect	66.00%
Number of Class B common stock shares which are convertible into each Class A Common Stock share	1
2018 March Stock Repurchase Plan [Domain]
Capital stock
Stock Repurchase Program, Remaining Authorized Repurchase Amount	$ 406.9
Stock Repurchase Program, Authorized Amount				$ 500.0

Stockholders' Equity (Details 2) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Feb. 02, 2019	Feb. 03, 2018	Jan. 28, 2017	Mar. 01, 2018
Amount of shares repurchased	$ 127,884	$ 219,011	$ 246,173
Number of shares repurchased	1,796,908	4,096,972	3,810,385
Treasury Stock Acquired, Average Cost Per Share	$ 71.17	$ 53.46	$ 64.61
2018 March Stock Repurchase Plan [Domain]
Stock Repurchase Program, Remaining Authorized Repurchase Amount	$ 406,900
Stock Repurchase Program, Authorized Amount				$ 500,000

Accumulated Other Comprehensive Loss ("AOCL") (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Feb. 02, 2019	Nov. 03, 2018	Aug. 04, 2018	May 05, 2018	Feb. 03, 2018	Oct. 28, 2017	Jul. 29, 2017	Apr. 29, 2017	Feb. 02, 2019	Feb. 03, 2018	Jan. 28, 2017
Reclassification Adjustment Out of Accumulated Other Comprehensive Income [Line Items]
Amortization of prior service cost									$ 0	$ 0	$ 0
Amortization of actuarial losses									529	0	1,204
Income before income taxes and income on and equity in losses of joint ventures									(207,962)	(212,689)	(257,675)
Income taxes (benefit)									(37,730)	7,800	(88,500)
Net income	$ (85,158)	$ (7,425)	$ 2,868	$ (80,548)	$ (157,563)	$ (14,539)	$ 17,080	$ (66,302)	(170,263)	(221,324)	(169,220)
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance				15,444					15,444
Ending balance	12,809				15,444				12,809	15,444
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance				$ 15,444				$ 11,137	15,444	11,137
Other comprehensive (income) loss before reclassifications									(4,776)	4,307
Amounts reclassified from AOCL									(401)	0
Reclassification due to the adoption of ASU No. 2018-02									2,542	0
Net other comprehensive (income) loss									(2,635)	4,307
Ending balance	$ 12,809				$ 15,444				12,809	15,444	$ 11,137
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member] \| Amount Reclassified from AOCL
Reclassification Adjustment Out of Accumulated Other Comprehensive Income [Line Items]
Amortization of prior service cost									0	0
Amortization of actuarial losses									529	0
Income before income taxes and income on and equity in losses of joint ventures									529	0
Income taxes (benefit)									128	0
Net income									$ 401	$ 0

Earnings per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Feb. 02, 2019	Nov. 03, 2018	Aug. 04, 2018	May 05, 2018	Feb. 03, 2018	Oct. 28, 2017	Jul. 29, 2017	Apr. 29, 2017	Feb. 02, 2019	Feb. 03, 2018	Jan. 28, 2017
Basic:
Net earnings available for per-share calculation	$ 85,158	$ 7,425	$ (2,868)	$ 80,548	$ 157,563	$ 14,539	$ (17,080)	$ 66,302	$ 170,263	$ 221,324	$ 169,220
Average shares of common stock outstanding									27,312,000	29,487,000	34,308,000
Net income per share of common stock (in dollars per share)									$ 6.23	$ 7.51	$ 4.93
Diluted:
Net earnings available for per-share calculation	$ 85,158	$ 7,425	$ (2,868)	$ 80,548	$ 157,563	$ 14,539	$ (17,080)	$ 66,302	$ 170,263	$ 221,324	$ 169,220
Average shares of common stock outstanding									27,312,000	29,487,000	34,308,000
Dilutive effect of stock-based compensation (in shares)									0	0	0
Total weighted average equivalent shares									27,312,000	29,487,000	34,308,000
Net income per share of common stock (in dollars per share)	$ 3.22	$ 0.27	$ (0.10)	$ 2.89	$ 5.55	$ 0.50	$ (0.58)	$ 2.12	$ 6.23	$ 7.51	$ 4.93
Total stock options outstanding (in shares)	0				0				0	0

Commitments and Contingencies (Details) - USD ($)	12 Months Ended
Commitments and Contingencies (Details) - USD ($)	Feb. 02, 2019	Feb. 03, 2018	Jan. 28, 2017
Operating leases:
Rentals	$ 28,646,000	$ 28,012,000	$ 25,954,000
Capital Leases
Current portion of capital lease obligations	1,214,000	1,107,000
Capital and operating leases
Commitment to incur costs to acquire, complete and furnish certain stores and equipment	1,300,000
Outstanding letters of credit under the Company's revolving credit facility	21,800,000
Revolving credit facility maximum borrowing capacity	$ 800,000,000
Minimum
Capital and operating leases
Renewal period of leased property	3 years
Maximum
Capital and operating leases
Renewal period of leased property	20 years
Buildings
Operating leases:
Minimum rentals	$ 14,215,000	14,843,000	15,379,000
Contingent rentals	3,390,000	3,449,000	3,745,000
Equipment
Operating leases:
Rentals	11,041,000	$ 9,720,000	$ 6,830,000
Buildings and equipment
Operating Leases
2019	19,847,000
2020	15,423,000
2021	10,691,000
2022	4,896,000
2023	3,378,000
After 2023	14,532,000
Total minimum lease payments	68,767,000
Capital Leases
2019	1,428,000
2020	1,077,000
2021	726,000
2022	0
2023	0
After 2023	0
Total minimum lease payments	3,231,000
Less amount representing interest	(351,000)
Present value of net minimum lease payments (of which $1,214 is currently payable)	2,880,000
Current portion of capital lease obligations	$ 1,214,000

Asset Impairment and Store Closing Charges (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 02, 2019	Feb. 03, 2018	Jan. 28, 2017
Asset Impairment and Store Closing Charges
Pretax charges for asset impairment and store closing costs	$ 0	$ 0	$ 6,500

Fair Value Disclosures (Details) - USD ($) $ in Thousands	12 Months Ended
Fair Value Disclosures (Details) - USD ($) $ in Thousands	Jan. 28, 2017	Feb. 02, 2019	Feb. 03, 2018
Fair value disclosures
Subordinated debentures		$ 200,000	$ 200,000
Cost-method investments, other than temporary impairment	$ 6,500
Fair Value of Assets
Fair value disclosures
Long-term debt, including current portion, fair value		384,000	571,000
Subordinated debentures		215,000	203,000
Carrying value
Fair value disclosures
Long-term debt, including current portion		366,000	$ 526,000
Subordinated debentures		$ 200,000

Quarterly Results of Operations (unaudited) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Feb. 02, 2019	Nov. 03, 2018	Aug. 04, 2018	May 05, 2018	Feb. 03, 2018	Oct. 28, 2017	Jul. 29, 2017	Apr. 29, 2017	Feb. 02, 2019	Feb. 03, 2018	Jan. 28, 2017
Quarterly Financial Information Disclosure [Abstract]
Net sales	$ 2,010,611	$ 1,419,213	$ 1,468,023	$ 1,458,262	$ 2,060,773	$ 1,354,964	$ 1,427,280	$ 1,418,460	$ 6,356,109	$ 6,261,477	$ 6,257,137
Gross profit	594,946	464,276	450,846	554,521	628,270	464,888	420,226	548,375	2,064,589	2,061,759	2,090,726
Net income	$ 85,158	$ 7,425	$ (2,868)	$ 80,548	$ 157,563	$ 14,539	$ (17,080)	$ 66,302	$ 170,263	$ 221,324	$ 169,220
Diluted earnings per share:
Net income (in dollars per share)	$ 3.22	$ 0.27	$ (0.10)	$ 2.89	$ 5.55	$ 0.50	$ (0.58)	$ 2.12	$ 6.23	$ 7.51	$ 4.93

Quarterly Results of Operations (unaudited) (Details 2) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended	12 Months Ended
	Oct. 28, 2017	Feb. 02, 2019	Feb. 03, 2018	Jan. 28, 2017
(Gain) loss on disposal of assets
Pretax charges for asset impairment and store closing costs		$ 0	$ 0	$ 6,500
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Curtailment		0	0	0
Gain on disposal of assets		$ (48)	$ 4,860	$ 905
Sale of former retail store location
(Gain) loss on disposal of assets
Gain (loss) on disposal of assets, net of tax	$ 3,100
Gain (loss) on disposal of assets, per share, net of tax (in dollars per share)	$ 0.11
Gain on disposal of assets	$ 4,800