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Cover Page - shares	3 Months Ended
Cover Page - shares	May 02, 2020	May 30, 2020
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	May 02, 2020
Document Transition Report	false
Entity File Number	1-6140
Entity Registrant Name	DILLARD’S, INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	71-0388071
Entity Address, Address Line One	1600 CANTRELL ROAD
Entity Address, City or Town	LITTLE ROCK
Entity Address, State or Province	AR
Entity Address, Postal Zip Code	72201
City Area Code	501
Local Phone Number	376-5200
Title of 12(b) Security	Class A Common Stock
Trading Symbol	DDS
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Central Index Key	0000028917
Entity Shell Company	false
Amendment Flag	false
Current Fiscal Year End Date	--01-30
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q1
Common Stock Class A
Entity Common Stock, Shares Outstanding		19,219,626
Common Stock Class B
Entity Common Stock, Shares Outstanding		4,010,401

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	May 02, 2020	Feb. 01, 2020	May 04, 2019
Current assets:
Cash and cash equivalents	$ 69,994	$ 277,077	$ 139,802
Restricted cash	0	0	8,683
Accounts receivable	44,964	46,160	47,863
Merchandise inventories	1,570,313	1,465,007	1,832,581
Income Taxes Receivable, Current	39,176	0	0
Other current assets	55,223	59,838	66,015
Total current assets	1,779,670	1,848,082	2,094,944
Operating Lease, Right-of-Use Asset	47,852	47,924	52,782
Deferred Tax Assets, Operating Loss Carryforwards	4,908		0
Property and equipment (net of accumulated depreciation and amortization of $2,385,686, $2,336,728 and $2,259,145 respectively)	1,434,601	1,458,176	1,551,844
Other assets	75,314	76,075	79,418
Total assets	3,342,345	3,430,257	3,778,988
Current liabilities:
Trade accounts payable and accrued expenses	1,055,891	892,789	1,134,258
Current portion of finance lease liabilities	1,109	1,219	1,022
Operating Lease, Liability, Current	14,880	14,654	15,105
Other Short-term Borrowings	0
Accrued Income Taxes, Current	0	22,158	28,961
Total current liabilities	1,071,880	930,820	1,179,346
Long-term debt	365,743	365,709	365,603
Finance lease liabilities	528	695	1,636
Operating Lease, Liability, Noncurrent	33,353	32,683	36,934
Other liabilities	274,435	273,601	240,971
Deferred Tax Liabilities, Other	0	3,490	17,590
Subordinated debentures	200,000	200,000	200,000
Commitments and contingencies
Stockholders’ equity:
Common stock	1,239	1,239	1,239
Additional paid-in capital	951,726	951,726	948,835
Accumulated other comprehensive loss	(30,628)	(31,059)	(12,809)
Retained earnings	4,391,039	4,556,494	4,533,973
Less treasury stock, at cost	(3,916,970)	(3,855,141)	(3,734,330)
Total stockholders’ equity	1,396,406	1,623,259	1,736,908
Total liabilities and stockholders’ equity	3,342,345	3,430,257	3,778,988
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	$ 69,994	$ 277,077	$ 148,485

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	May 02, 2020	Feb. 01, 2020	May 04, 2019
Statement of Financial Position [Abstract]
Property and equipment, accumulated depreciation and amortization	$ 2,385,686	$ 2,236,728	$ 2,259,145

CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended
	May 02, 2020	May 04, 2019
Income Statement [Abstract]
Revenue from Contracts with Customers	$ 786,655	$ 1,465,441
Service charges and other income	34,921	32,494
Total net sales, service charges and other income	821,576	1,497,935
Cost of sales	688,469	927,767
Selling, General and Administrative Expense	290,446	405,160
Depreciation and amortization	50,901	52,364
Rentals	5,550	6,118
Interest Expense	12,270	11,237
Other expense	2,104	1,917
Gain on disposal of assets	(19)	(7,400)
(Loss) income before income taxes	(228,145)	100,772
Income taxes (benefit)	(66,170)	22,170
Net Income	$ (161,975)	$ 78,602
(Loss) earnings per share:
Earnings Per Share, Basic and Diluted	$ (6.94)	$ 2.99

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended
	May 02, 2020	May 04, 2019
Statement of Comprehensive Income [Abstract]
Net Income	$ (161,975)	$ 78,602
Other comprehensive income:
Amortization of retirement plan and other retiree benefit adjustments (net of tax of $138 and $0, respectively)	431	0
Comprehensive (loss) income	$ (161,544)	$ 78,602

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	May 02, 2020	May 04, 2019
Statement of Comprehensive Income [Abstract]
Amortization of retirement plan and other retiree benefit adjustments, tax	$ 138	$ 0

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Common Stock [Member]	Treasury Stock, Common [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Reclassification out of Accumulated Other Comprehensive Income [Member]
Balance at Feb. 02, 2019	$ 1,678,381	$ 1,239	$ (3,716,890)	$ 948,835	$ 4,458,006	$ (12,809)
Increase (Decrease) in Stockholders' Equity
Net Income	78,602				78,602
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax	0
Purchase of 998,742 and 246,158 shares during the three months ended May 2, 2020 and May 4, 2019, respectively	(17,440)		(17,440)
Cash dividends declared:
Common Stock, $0.15 per share and $0.10 per share for the three months ended May 2, 2020 and May 4, 2019, respectively,	(2,635)				(2,635)
Balance at May. 04, 2019	1,736,908	1,239	(3,734,330)	948,835	4,533,973	(12,809)
Balance at Feb. 01, 2020	1,623,259	1,239	(3,855,141)	951,726	4,556,494	(31,059)
Increase (Decrease) in Stockholders' Equity
Net Income	(161,975)				(161,975)
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax	(431)
Other Comprehensive Income (Loss), Net of Tax	431					431
Purchase of 998,742 and 246,158 shares during the three months ended May 2, 2020 and May 4, 2019, respectively	(61,829)		(61,829)
Cash dividends declared:
Common Stock, $0.15 per share and $0.10 per share for the three months ended May 2, 2020 and May 4, 2019, respectively,	(3,480)				(3,480)
Balance at May. 02, 2020	$ 1,396,406	$ 1,239	$ (3,916,970)	$ 951,726	$ 4,391,039	$ (30,628)

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Parenthetical) - $ / shares	3 Months Ended
	May 02, 2020	May 04, 2019
CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY [Abstract]
Treasury Stock, Shares, Acquired	998,742	246,158
Common Stock, Dividends, Per Share, Declared	$ 0.15	$ 0.10
Stock Issued During Period, Shares, Share-based Compensation, Gross	0	0

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	May 02, 2020	May 04, 2019
Operating activities:
Net Income	$ (161,975)	$ 78,602
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:
Gain on disposal of assets, excluding insurance gain	19	7,400
Depreciation and amortization of property and other deferred costs	51,381	52,533
Changes in operating assets and liabilities:
Decrease in accounts receivable	1,196	1,990
Increase in merchandise inventories	(105,306)	(304,164)
Decrease in other current assets	4,615	2,738
Decrease (increase) in other assets	1,162	(2,149)
Increase in trade accounts payable and accrued expenses and other liabilities	161,463	204,259
(Decrease) increase in income taxes	(63,642)	21,948
Net cash (used in) provided by operating activities	(111,125)	48,357
Investing activities:
Purchases of property and equipment and capitalized software	(20,230)	(18,739)
Proceeds from disposal of assets	111	13,437
Proceeds from Equity Method Investment, Distribution, Return of Capital	215	215
Net cash used in investing activities	(19,904)	(5,087)
Financing activities:
Principal payments on long-term debt and finance lease liabilities	(277)	(222)
Payments of Financing Costs	2,920	0
Cash dividends paid	(3,705)	(2,632)
Purchase of treasury stock	(69,152)	(15,440)
Net cash used in financing activities	(76,054)	(18,294)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect	(207,083)	24,976
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	69,994	148,485
Non-cash transactions:
Accrued capital expenditures	8,314	6,657
Accrued treasury stock purchases	0	2,000
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability	$ 3,972	$ 0

Basis of Presentation

3 Months Ended

May 02, 2020

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Basis of Presentation

The accompanying unaudited interim condensed consolidated financial statements of Dillard’s, Inc. (the “Company”) have been prepared in accordance with the rules of the Securities and Exchange Commission (“SEC”). Accordingly, they do not include all of the information and footnotes required by accounting principles generally accepted in the United States of America (“GAAP”) for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the three months ended May 2, 2020 are not necessarily indicative of the results that may be expected for the fiscal year ending January 30, 2021 due to, among other factors, the seasonal nature of the business.

These unaudited interim condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and footnotes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year ended February 1, 2020 filed with the SEC on March 31, 2020.

Restricted Cash - Restricted cash consists of cash proceeds from the sale of property held in escrow for the acquisition of replacement property under like-kind exchange agreements. The escrow accounts are administered by an intermediary. Pursuant to the like-kind exchange agreements, the cash remains restricted for a maximum of 180 days from the date of the property sale pending the acquisition of replacement property.

The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the condensed consolidated balance sheets that sum to the total of the same such amounts shown in the condensed consolidated statements of cash flows.



(in thousands)	May 2, 2020		May 4, 2019
Cash and cash equivalents	$	69,994	$	139,802
Restricted cash	—		8,683
Total cash, cash equivalents and restricted cash	$	69,994	$	148,485

COVID-19

In March 2020, the World Health Organization declared the outbreak of a novel coronavirus (COVID-19) as a pandemic, which continues to spread throughout the United States and the world. The effects of the COVID-19 pandemic has had and continues to have a significant impact on the Company's business, results of operations and financial position. At present, the COVID-19 pandemic has had a significant negative effect on the Company's liquidity and net sales. Due to heightened uncertainty relating to the impacts of COVID-19 on the Company’s business operations, including the duration and impact on overall customer demand, our liquidity and net sales may be further impacted if we are unable to appropriately manage our inventory levels and expenses.

The Company began closing stores on March 19, 2020 as mandated by state and local governments, and by April 9, 2020, all 285 store locations were temporarily closed. At the peak of store closures, approximately 90% of Dillard's 38,000 associates were furloughed. The Company began re-opening stores on May 5, 2020, and by June 2, 2020, all stores had been re-opened.

As part of the Company's liquidity strategy during the COVID-19 pandemic, in March 2020, the Company borrowed $779 million under the credit agreement, which was repaid concurrent with the execution of the amended credit agreement. At May 2, 2020, no borrowings were outstanding, and letters of credit totaling $21.0 million were issued under the amended credit agreement leaving unutilized availability under the facility of $779.0 million. See Note 7, Revolving Credit Agreement, for additional information.

We assess the impairment of long-lived assets, primarily fixed assets and operating lease assets, whenever events or changes in circumstances indicate that the carrying value may not be recoverable. We evaluated the effects of the COVID-19 pandemic on our business and determined that as of May 2, 2020, the carrying values of our property and equipment and operating lease assets were recoverable. Accordingly, no impairment charge was recorded for the quarter ended May 2, 2020. We will continue to monitor these factors and the impact of the COVID-19 pandemic on future periods and continue to assess these assets for impairment as needed.

Business Segments

3 Months Ended

May 02, 2020

Segment Reporting [Abstract]

Business Segments

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

For the Company’s retail operations, 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:



	Three Months Ended
	May 2, 2020		May 4, 2019
Retail operations segment
Cosmetics	15	%	14	%
Ladies’ apparel	22		24
Ladies’ accessories and lingerie	14		14
Juniors’ and children’s apparel	10		11
Men’s apparel and accessories	16		16
Shoes	15		15
Home and furniture	3		3
	95		97
Construction segment	5		3
Total	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			Construction			Consolidated
Three Months Ended May 2, 2020:
Net sales from external customers	$	751,027		$	35,628		$	786,655
Gross profit	96,034			2,152			98,186
Depreciation and amortization	50,732			169			50,901
Interest and debt expense (income), net	12,291			(21		)	12,270
(Loss) income before income taxes	(228,667		)	522			(228,145		)
Total assets	3,299,363			42,982			3,342,345

Three Months Ended May 4, 2019:
Net sales from external customers	$	1,420,522		$	44,919		$	1,465,441
Gross profit	536,371			1,303			537,674
Depreciation and amortization	52,194			170			52,364
Interest and debt expense (income), net	11,264			(27		)	11,237
Income before income taxes	100,728			44			100,772
Total assets	3,731,040			47,948			3,778,988

Intersegment construction revenues of $11.4 million and $8.4 million for the three months ended May 2, 2020 and May 4, 2019, respectively, were eliminated during consolidation and have been excluded from net sales for the respective periods.

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 condensed consolidated balance sheets. Our retail operations segment contract liabilities are as follows:



Retail
(in thousands of dollars)	May 2, 2020		February 1, 2020		May 4, 2019		February 2, 2019
Contract liabilities	$	67,107	$	75,229	$	64,934	$	72,852

During the three months ended May 2, 2020 and May 4, 2019, the Company recorded $18.9 million and $24.8 million, respectively, in revenue that was previously included in the retail operations contract liability balances of $75.2 million and $72.9 million, at February 1, 2020 and February 2, 2019, respectively.

Construction contracts give rise to accounts receivable, contract assets and contract liabilities. We record accounts receivable based on amounts expected to be collected from 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 condensed consolidated balance sheets, respectively. The amounts included in the condensed consolidated balance sheets are as follows:



Construction
(in thousands of dollars)	May 2, 2020		February 1, 2020		May 4, 2019		February 2, 2019
Accounts receivable	$	33,736	$	28,522	$	32,320	$	31,867
Costs and estimated earnings in excess of billings on uncompleted contracts	894		2,179		829		1,165
Billings in excess of costs and estimated earnings on uncompleted contracts	9,603		5,737		6,768		7,414

During the three months ended May 2, 2020 and May 4, 2019, the Company recorded $4.2 million and $6.6 million, respectively, in revenue that was previously included in billings in excess of costs and estimated earnings on uncompleted contracts of $5.7 million and $7.4 million at February 1, 2020 and February 2, 2019, respectively.

The remaining performance obligations related to executed construction contracts totaled $145.4 million, $156.5 million and $123.4 million at May 2, 2020, February 1, 2020 and May 4, 2019, respectively.

Earnings Per Share Data

3 Months Ended

May 02, 2020

Earnings Per Share [Abstract]

Earnings Per Share Data

The following table sets forth the computation of basic and diluted (loss) earnings per share for the periods indicated (in thousands, except per share data).



	Three Months Ended
	May 2, 2020			May 4, 2019
Net (loss) income	$	(161,975	)	$	78,602

Weighted average shares of common stock outstanding	23,354			26,315

Basic and diluted (loss) earnings per share	$	(6.94	)	$	2.99

The Company maintains a capital structure in which common stock is the only equity security issued and outstanding, and there were no shares of preferred stock, stock options, other dilutive securities or potentially dilutive securities issued or outstanding during the three months ended May 2, 2020 and May 4, 2019.

Commitments and Contingencies	3 Months Ended
Commitments and Contingencies	May 02, 2020
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies 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, individually or in the aggregate, is not expected to have a material adverse effect on the Company’s financial position, cash flows or results of operations. At May 2, 2020, letters of credit totaling $21.0 million were issued under the Company’s revolving credit facility. See Note 7, Revolving Credit Agreement, for additional information.

Benefit Plans

3 Months Ended

May 02, 2020

Retirement Benefits [Abstract]

Benefit Plans

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. The Company determines pension expense 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 Company contributed $1.4 million to the Pension Plan during the three months ended May 2, 2020 and expects to make additional contributions to the Pension Plan of approximately $4.1 million during the remainder of fiscal 2020.

The components of net periodic benefit costs are as follows (in thousands):



	Three Months Ended
	May 2, 2020		May 4, 2019
Components of net periodic benefit costs:
Service cost	$	1,090	$	905
Interest cost	1,536		1,917
Net actuarial loss	569		—
Net periodic benefit costs	$	3,195	$	2,822

The service cost component of net periodic benefit costs is included in selling, general and administrative expenses, and the interest cost and net actuarial loss components are included in other expense.

Revolving Credit Agreement	3 Months Ended
Revolving Credit Agreement	May 02, 2020
Line of Credit Facility [Abstract]
Revolving Credit Agreement	Revolving Credit Agreement In April 2020, the Company amended its credit agreement (the "amended credit agreement"). After giving effect to the amendment, the amended credit agreement became secured by certain deposit accounts of the Company and certain inventory of certain subsidiaries. The amended credit agreement provides a borrowing capacity of $800 million with a $200 million expansion option and matures on August 9, 2022. The amended 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 Company pays a variable rate of interest on borrowings under the amended credit agreement and a commitment fee to the participating banks. The rate of interest on borrowings is LIBOR plus 1.750%, and the commitment fee for unused borrowings is 0.30% per annum. As long as availability exceeds $100 million and no event of default occurs and is continuing, there are no financial covenant requirements under the amended credit agreement. Concurrent with the signing of the amended credit facility, the Company repaid the $779 million borrowed on March 25, 2020 under the previous agreement. Additionally, the Company paid $2.9 million in issuance costs related to the amended credit agreement, which were recorded in other assets on the condensed consolidated balance sheets. At May 2, 2020, no borrowings were outstanding, and letters of credit totaling $21.0 million were issued under the amended credit agreement leaving unutilized availability under the facility of $779.0 million.

Stock Repurchase Programs

3 Months Ended

May 02, 2020

Schedule of Share Repurchase Program Activity [Abstract]

Stock Repurchase Programs

Stock Repurchase Program

In March 2018, the Company's Board of Directors authorized the Company to repurchase up to $500 million of the Company’s Class A Common Stock pursuant to an open-ended stock repurchase plan (the "March 2018 Plan"). The March 2018 Plan authorization permits the Company to repurchase its Class A Common Stock in the open market, pursuant to preset trading plans meeting the requirements of Rule 10b5-1 under the Securities Exchange Act of 1934 or through privately negotiated transactions. The March 2018 plan has no expiration date.

The following is a summary of share repurchase activity for the periods indicated (in thousands, except per share data):



	Three Months Ended
	May 2, 2020		May 4, 2019
Cost of shares repurchased	$	61,829	$	17,440
Number of shares repurchased	999		246
Average price per share	$	61.91	$	70.85

All repurchases of the Company’s Class A Common Stock above were made at the market price at the trade date. Accordingly, all amounts paid to reacquire these shares were allocated to treasury stock. As of May 2, 2020, $206.9 million of authorization remained under the March 2018 Plan.

Income Taxes	3 Months Ended
Income Taxes	May 02, 2020
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The Company expects to be in a net operating loss position for the fiscal year. The Coronavirus Aid, Relief and Economic Security (“CARES”) Act, signed into law on March 27, 2020, allows for net operating loss carryback to years in which the statutory federal tax rate was 35%. During the three months ended May 2, 2020, income tax benefit differed from what would be computed using the current statutory federal tax rate of 21% primarily due to the recognition of a net tax benefit of $14.8 million related to the carryback provision of the CARES Act. This net tax benefit was comprised of tax expense of $25.2 million for the remeasurement of beginning deferred tax assets and liabilities and tax benefit of $40.0 million for the impact of the net operating loss carryback. Income tax benefit for the quarter also included the effects of federal tax credits and state and local income taxes. During the three months ended May 4, 2019, income tax expense differed from what would be computed using the statutory federal tax rate primarily due to the effects of federal tax credits and state and local income taxes.

Leases

3 Months Ended

May 02, 2020

Leases [Abstract]

Lessee, Operating Leases [Text Block]

Leases

The Company leases retail stores, office space and equipment under operating leases. As of May 2, 2020 and May 4, 2019 right-of-use operating lease assets, which are recorded in operating lease assets in the condensed consolidated balance sheets, totaled $47.9 million and $52.8 million, respectively, and operating lease liabilities, which are recorded in current portion of operating lease liabilities and operating lease liabilities, totaled $48.2 million and $52.0 million, respectively.

In determining our operating lease assets and operating lease liabilities, we apply an incremental borrowing rate to the minimum lease payments within each lease agreement. ASU No. 2016-02 requires the use of the rate implicit in the lease whenever that rate is readily determinable; furthermore, if the implicit rate is not readily determinable, a lessee may use its incremental borrowing rate. The incremental borrowing rate is the rate of interest that a lessee would have to pay to borrow on a collateralized basis over a similar term an amount equal to the lease payments in a similar economic environment. To estimate our specific incremental borrowing rates that align with applicable lease terms, we utilize a model consistent with the credit quality of our outstanding debt instruments.

Renewal options from two to 20 years exist on the majority of leased properties. The Company has sole discretion in exercising the lease renewal options. We do not recognize operating lease assets or operating lease liabilities for renewal periods unless it has been determined that we are reasonably certain of renewing the lease at inception. The depreciable life of operating lease assets and related leasehold improvements is limited by the expected lease term.

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 Company's operating lease agreements do not contain any material residual value guarantees or material restrictive covenants.

The following table summarizes the Company's operating and finance leases:



(in thousands of dollars)	Classification - Condensed Consolidated Balance Sheets	May 2, 2020		February 1, 2020		May 4, 2019
Assets
Finance lease assets	Property and equipment, net ^(a)	$	564	$	670	$	987
Operating lease assets	Operating lease assets	47,852		47,924		52,782
Total leased assets		$	48,416	$	48,594	$	53,769

Liabilities
Current
Finance	Current portion of finance lease liabilities	$	1,109	$	1,219	$	1,022
Operating	Current portion of operating lease liabilities	14,880		14,654		15,105
Noncurrent
Finance	Finance lease liabilities	528		695		1,636
Operating	Operating lease liabilities	33,353		32,683		36,934
Total lease liabilities		$	49,870	$	49,251	$	54,697

^(a) Finance lease assets are recorded net of accumulated amortization of $14.0 million, $13.9 million and $13.6 million as of May 2, 2020, February 1, 2020 and May 4, 2019, respectively.



Lease Cost		Three Months Ended
(in thousands of dollars)	Classification - Condensed Consolidated Statements of Operations	May 2, 2020		May 4, 2019
Operating lease cost ^(a)	Rentals	$	5,550	$	6,118
Finance lease cost
Amortization of leased assets	Depreciation and amortization	106		106
Interest on lease liabilities	Interest and debt expense, net	79		135
Net lease cost		$	5,735	$	6,359

^(a)Includes short term lease costs of $0.5 million and $0.7 million for the three months ended May 2, 2020 and May 4, 2019, respectively, and variable lease costs of $0.3 million and $0.4 million for the three months ended May 2, 2020 and May 4, 2019, respectively.

Maturities of Lease Liabilities



(in thousands of dollars) Fiscal Year	Operating Leases			Finance Leases			Total
2020 (excluding the three months ended May 2, 2020)	$	13,275		$	1,071		$	14,346
2021	14,048			726			14,774
2022	7,696			—			7,696
2023	4,406			—			4,406
2024	3,649			—			3,649
After 2024	15,916			—			15,916
Total minimum lease payments	58,990			1,797			60,787
Less amount representing interest	(10,757		)	(160		)	(10,917		)
Present value of lease liabilities	$	48,233		$	1,637		$	49,870

Lease Term and Discount Rate



	May 2, 2020
Weighted-average remaining lease term
Operating leases	6.2 years
Finance leases	1.5 years
Weighted-average discount rate
Operating leases	6.6	%
Finance leases	14	%

Other Information



	Three Months Ended
(in thousands of dollars)	May 2, 2020		May 4, 2019
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	4,720	$	5,046
Operating cash flows from finance leases	79		135
Financing cash flows from finance leases	277		222

Lease assets obtained in exchange for new operating lease liabilities	$	3,972	$	—

Reclassifications from Accumulated Other Comprehensive Loss ("AOCL")

3 Months Ended

May 02, 2020

Reclassifications from Accumulated Other Comprehensive Loss ("AOCL")

Reclassifications from Accumulated Other Comprehensive Loss ("AOCL")

Reclassifications from Accumulated Other Comprehensive Loss (“AOCL”)

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



	Amount Reclassified from AOCL
	Three Months Ended				Affected Line Item in the Statement Where Net Income Is Presented
Details about AOCL Components	May 2, 2020		May 4, 2019
Defined benefit pension plan items
Amortization of actuarial losses	$	569	$	—	Total before tax (1)
	138		—		Income tax expense
	$	431	$	—	Total net of tax

For fiscal year 2019, there was no amortization of the net loss in AOCL as the net loss did not exceed 10% of the projected benefit obligation.

_______________________________

(1) This item is included in the computation of net periodic pension cost. See Note 6, Benefit Plans, for additional information.

Changes in Accumulated Other Comprehensive Loss

3 Months Ended

May 02, 2020

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Changes in Accumulated Other Comprehensive Loss

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



	Defined Benefit Pension Plan Items
	Three Months Ended
	May 2, 2020			May 4, 2019
Beginning balance	$	31,059		$	12,809

Amounts reclassified from AOCL	(431		)	—

Ending balance	$	30,628		$	12,809

Fair Value Disclosures	3 Months Ended
Fair Value Disclosures	May 02, 2020
Fair Value Disclosures [Abstract]
Fair Value Disclosures	Fair Value Disclosures The estimated fair values of financial instruments 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 is categorized as Level 1 in the fair value hierarchy. The fair value of the Company’s cash, cash equivalents and accounts receivable approximates their carrying values at May 2, 2020 due to the short-term maturities of these instruments. The fair value of the Company’s long-term debt at May 2, 2020 was approximately $309 million. The carrying value of the Company’s long-term debt at May 2, 2020 was $365.7 million. The fair value of the Company’s subordinated debentures at May 2, 2020 was approximately $131 million. The carrying value of the Company’s subordinated debentures at May 2, 2020 was $200.0 million.

- 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

Recently Issued Accounting Standards New Accounting Pronouncements (Tables)	3 Months Ended
	May 02, 2020
Accounting Changes and Error Corrections [Abstract]
Schedule of New Accounting Pronouncements and Changes in Accounting Principles [Table Text Block]	Accounting Standards Recently Issued Accounting Pronouncements Simplifying the Accounting for Income Taxes In December 2019, the FASB issued ASU No. 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes, as part of its initiative to reduce complexity in accounting standards. The amendments in this update simplify the accounting for income taxes by removing certain exceptions to the general principles in Topic 740. The amendments also improve consistent application of and simplify GAAP for other areas of Topic 740 by clarifying and amending existing guidance. The amendments within ASU No. 2019-12 are effective for financial statements issued for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2020, and early adoption is permitted. The Company is currently assessing the impact of this update on its consolidated financial statements.

Business Segments (Tables)

3 Months Ended

May 02, 2020

Segment Reporting [Abstract]

Schedule of Contract Liabilities - Retail [Table Text Block]



Retail
(in thousands of dollars)	May 2, 2020		February 1, 2020		May 4, 2019		February 2, 2019
Contract liabilities	$	67,107	$	75,229	$	64,934	$	72,852

Schedule of AR, Contract Assets and Liabilities - Construction [Table Text Block]



Construction
(in thousands of dollars)	May 2, 2020		February 1, 2020		May 4, 2019		February 2, 2019
Accounts receivable	$	33,736	$	28,522	$	32,320	$	31,867
Costs and estimated earnings in excess of billings on uncompleted contracts	894		2,179		829		1,165
Billings in excess of costs and estimated earnings on uncompleted contracts	9,603		5,737		6,768		7,414

Schedule of Entity Wide Information Percentage of Revenue from External Customers by Product and Segment [Table Text Block]



	Three Months Ended
	May 2, 2020		May 4, 2019
Retail operations segment
Cosmetics	15	%	14	%
Ladies’ apparel	22		24
Ladies’ accessories and lingerie	14		14
Juniors’ and children’s apparel	10		11
Men’s apparel and accessories	16		16
Shoes	15		15
Home and furniture	3		3
	95		97
Construction segment	5		3
Total	100	%	100	%

Schedule of Segment Reporting Information, by Segment [Table Text Block]

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			Construction			Consolidated
Three Months Ended May 2, 2020:
Net sales from external customers	$	751,027		$	35,628		$	786,655
Gross profit	96,034			2,152			98,186
Depreciation and amortization	50,732			169			50,901
Interest and debt expense (income), net	12,291			(21		)	12,270
(Loss) income before income taxes	(228,667		)	522			(228,145		)
Total assets	3,299,363			42,982			3,342,345

Three Months Ended May 4, 2019:
Net sales from external customers	$	1,420,522		$	44,919		$	1,465,441
Gross profit	536,371			1,303			537,674
Depreciation and amortization	52,194			170			52,364
Interest and debt expense (income), net	11,264			(27		)	11,237
Income before income taxes	100,728			44			100,772
Total assets	3,731,040			47,948			3,778,988

Earnings Per Share Data (Tables)

3 Months Ended

May 02, 2020

Earnings Per Share [Abstract]

Schedule of computation of basic and diluted earnings per share

The following table sets forth the computation of basic and diluted (loss) earnings per share for the periods indicated (in thousands, except per share data).



	Three Months Ended
	May 2, 2020			May 4, 2019
Net (loss) income	$	(161,975	)	$	78,602

Weighted average shares of common stock outstanding	23,354			26,315

Basic and diluted (loss) earnings per share	$	(6.94	)	$	2.99

Benefit Plans (Tables)

3 Months Ended

May 02, 2020

Retirement Benefits [Abstract]

Schedule of components of net periodic benefit costs

The components of net periodic benefit costs are as follows (in thousands):



	Three Months Ended
	May 2, 2020		May 4, 2019
Components of net periodic benefit costs:
Service cost	$	1,090	$	905
Interest cost	1,536		1,917
Net actuarial loss	569		—
Net periodic benefit costs	$	3,195	$	2,822

Stock Repurchase Programs Schedule of Repurchase Program Activity (Tables)

3 Months Ended

May 02, 2020

Schedule of Share Repurchase Program Activity [Abstract]

Schedule of Repurchase Agreements [Table Text Block]

The following is a summary of share repurchase activity for the periods indicated (in thousands, except per share data):



	Three Months Ended
	May 2, 2020		May 4, 2019
Cost of shares repurchased	$	61,829	$	17,440
Number of shares repurchased	999		246
Average price per share	$	61.91	$	70.85

Leases (Tables)

3 Months Ended

May 02, 2020

Leases [Abstract]

Lessee, Operating Lease, Liability, Maturity [Table Text Block]



(in thousands of dollars) Fiscal Year	Operating Leases			Finance Leases			Total
2020 (excluding the three months ended May 2, 2020)	$	13,275		$	1,071		$	14,346
2021	14,048			726			14,774
2022	7,696			—			7,696
2023	4,406			—			4,406
2024	3,649			—			3,649
After 2024	15,916			—			15,916
Total minimum lease payments	58,990			1,797			60,787
Less amount representing interest	(10,757		)	(160		)	(10,917		)
Present value of lease liabilities	$	48,233		$	1,637		$	49,870

Lease Term and Discount Rate [Table Text Block]



	May 2, 2020
Weighted-average remaining lease term
Operating leases	6.2 years
Finance leases	1.5 years
Weighted-average discount rate
Operating leases	6.6	%
Finance leases	14	%

Cash Flow, Operating Activities, Lessee [Abstract]



	Three Months Ended
(in thousands of dollars)	May 2, 2020		May 4, 2019
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	4,720	$	5,046
Operating cash flows from finance leases	79		135
Financing cash flows from finance leases	277		222

Lease assets obtained in exchange for new operating lease liabilities	$	3,972	$	—

Lease, Cost [Table Text Block]



Lease Cost		Three Months Ended
(in thousands of dollars)	Classification - Condensed Consolidated Statements of Operations	May 2, 2020		May 4, 2019
Operating lease cost ^(a)	Rentals	$	5,550	$	6,118
Finance lease cost
Amortization of leased assets	Depreciation and amortization	106		106
Interest on lease liabilities	Interest and debt expense, net	79		135
Net lease cost		$	5,735	$	6,359

Operating and Finance Lease Assets and Liabilities [Table Text Block]



(in thousands of dollars)	Classification - Condensed Consolidated Balance Sheets	May 2, 2020		February 1, 2020		May 4, 2019
Assets
Finance lease assets	Property and equipment, net ^(a)	$	564	$	670	$	987
Operating lease assets	Operating lease assets	47,852		47,924		52,782
Total leased assets		$	48,416	$	48,594	$	53,769

Liabilities
Current
Finance	Current portion of finance lease liabilities	$	1,109	$	1,219	$	1,022
Operating	Current portion of operating lease liabilities	14,880		14,654		15,105
Noncurrent
Finance	Finance lease liabilities	528		695		1,636
Operating	Operating lease liabilities	33,353		32,683		36,934
Total lease liabilities		$	49,870	$	49,251	$	54,697

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

3 Months Ended

May 02, 2020

Reclassifications from Accumulated Other Comprehensive Loss ("AOCL")

Summary of reclassifications from AOCL

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



	Amount Reclassified from AOCL
	Three Months Ended				Affected Line Item in the Statement Where Net Income Is Presented
Details about AOCL Components	May 2, 2020		May 4, 2019
Defined benefit pension plan items
Amortization of actuarial losses	$	569	$	—	Total before tax (1)
	138		—		Income tax expense
	$	431	$	—	Total net of tax

For fiscal year 2019, there was no amortization of the net loss in AOCL as the net loss did not exceed 10% of the projected benefit obligation.

_______________________________

(1) This item is included in the computation of net periodic pension cost. See Note 6, Benefit Plans, for additional information.

Changes in Accumulated Other Comprehensive Loss (Tables)

3 Months Ended

May 02, 2020

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Summary of changes in AOCL by component (net of tax)

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



	Defined Benefit Pension Plan Items
	Three Months Ended
	May 2, 2020			May 4, 2019
Beginning balance	$	31,059		$	12,809

Amounts reclassified from AOCL	(431		)	—

Ending balance	$	30,628		$	12,809

Basis of Presentation Cash, Cash Equivalents and Restricted Cash (Details) - USD ($) $ in Thousands	May 02, 2020	Feb. 01, 2020	May 04, 2019	Feb. 02, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Cash and cash equivalents	$ 69,994	$ 277,077	$ 139,802
Restricted cash	0	0	8,683
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	$ 69,994	$ 277,077	$ 148,485	$ 123,509

Basis of Presentation Non-Financial Data (Details)	May 02, 2020
Number of Employees [Line Items]
Percent of Employees	90.00%
Entity Number of Employees	38,000

Basis of Presentation Store Data (Details)	May 02, 2020
Risks and Uncertainties [Abstract]
Number of Stores	285

Business Segments (Details) $ in Thousands	3 Months Ended
Business Segments (Details) $ in Thousands	May 02, 2020 USD ($) segment	May 04, 2019 USD ($)	Feb. 01, 2020 USD ($)	Feb. 02, 2019 USD ($)
Segment Reporting [Abstract]
Costs and estimated earnings in excess of billings on uncompleted contracts, construction segment	$ 894	$ 829	$ 2,179	$ 1,165
Billings in excess of costs and estimated earnings on uncompleted contracts, construction segment	9,603	6,768	5,737	7,414
Accounts Receivable, Construction Segment	33,736	32,320	28,522	31,867
Revenue, Remaining Performance Obligation, Amount	145,400	123,400	156,500
Revenue Recognized, previously recorded in Billings in excess of costs and estimated earnings	4,200	6,600
Contract with Customer, Liability	67,107	64,934	75,229	$ 72,852
Contract with Customer, Liability, Revenue Recognized	18,900	24,800
Business Segments
Revenue from Contracts with Customers	$ 786,655	$ 1,465,441
Concentration Risk, Percentage	100.00%	100.00%
Number of Reportable Segments \| segment	2
Gross profit		$ 537,674
Depreciation and amortization	$ 50,901	52,364
Interest and debt expense (income), net	12,270	11,237
Income before income taxes	(228,145)	100,772
Total assets	3,342,345	3,778,988	$ 3,430,257
Retail operations
Business Segments
Revenue from Contracts with Customers	$ 751,027	$ 1,420,522
Concentration Risk, Percentage	95.00%	97.00%
Number of Reportable Segments \| segment	1
Number of store formats \| segment	1
Gross profit	$ 96,034	$ 536,371
Depreciation and amortization	50,732	52,194
Interest and debt expense (income), net	12,291	11,264
Income before income taxes	(228,667)	100,728
Total assets	3,299,363	3,731,040
Construction
Business Segments
Revenue from Contracts with Customers	$ 35,628	$ 44,919
Concentration Risk, Percentage	5.00%	3.00%
Gross profit	$ 2,152	$ 1,303
Depreciation and amortization	169	170
Interest and debt expense (income), net	(21)	(27)
Income before income taxes	522	44
Total assets	42,982	47,948
Intersegment Eliminations [Member]
Business Segments
Revenue from Contracts with Customers	$ 11,400	$ 8,400
Cosmetics [Member] \| Retail operations
Business Segments
Concentration Risk, Percentage	15.00%	14.00%
Ladies Apparel [Member] \| Retail operations
Business Segments
Concentration Risk, Percentage	22.00%	24.00%
Ladies Accessories and Lingerie [Member] \| Retail operations
Business Segments
Concentration Risk, Percentage	14.00%	14.00%
Juniors and Children's Apparel [Member] \| Retail operations
Business Segments
Concentration Risk, Percentage	10.00%	11.00%
Mens Apparel and Accessories [Member] \| Retail operations
Business Segments
Concentration Risk, Percentage	16.00%	16.00%
Shoes [Member] \| Retail operations
Business Segments
Concentration Risk, Percentage	15.00%	15.00%
Home and Furniture [Member] \| Retail operations
Business Segments
Concentration Risk, Percentage	3.00%	3.00%

Earnings Per Share Data (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	May 02, 2020	May 04, 2019
Earnings Per Share [Abstract]
Net Income	$ (161,975)	$ 78,602
Weighted Average Number of Shares Outstanding, Basic and Diluted	23,354,000	26,315,000
Earnings Per Share, Basic and Diluted	$ (6.94)	$ 2.99
Total dilutive and potentially dilutive securities outstanding (in shares)	0

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

Commitments and Contingencies (Details) $ in Millions	May 02, 2020 USD ($)
Commitments and Contingencies Disclosure [Abstract]
Outstanding letters of credit under the Company's revolving credit facility	$ 21.0

Benefit Plans (Details) - USD ($) $ in Thousands	3 Months Ended
Benefit Plans (Details) - USD ($) $ in Thousands	May 02, 2020	May 04, 2019
Defined Benefit Plan Disclosure [Line Items]
Employer contributions to pension plan	$ 1,400
Components of net periodic benefit costs:
Service cost	1,090	$ 905
Interest cost	1,536	1,917
Net actuarial loss	569	0
Net periodic benefit costs	3,195	2,822
Defined Benefit Plan, Expected Future Benefit Payment, Remainder of Year	4,100
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member] \| Reclassification out of Accumulated Other Comprehensive Income [Member]
Components of net periodic benefit costs:
Net actuarial loss	$ 569	$ 0

Revolving Credit Agreement (Details) - USD ($)	3 Months Ended
Revolving Credit Agreement (Details) - USD ($)	May 02, 2020	May 04, 2019
Credit agreement
Payments of Financing Costs	$ 2,920,000	$ 0
Line of Credit Facility, Maximum Borrowing Capacity	$ 800,000,000
Reference rate	LIBOR
Percentage points added to reference rate	1.75%
Letters of credit issued	$ 21,000,000.0
Unutilized credit facility borrowing capacity	$ 779,000,000.0
Annual commitment fee (as a percent)	0.30%
Line of Credit Borrowed and Repaid during period	$ 779,000,000

Stock Repurchase Programs (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	May 02, 2020	May 04, 2019
Schedule of Share Repurchase Program Activity [Abstract]
Stock Repurchase Program, Authorized Amount	$ 500,000
Treasury Stock, Shares, Acquired	998,742	246,158
Amount of shares repurchased	$ 61,829	$ 17,440
Average price of shares repurchased (in dollars per share)	$ 61,910	$ 70.85
Repurchase of common stock remaining authorization	$ 206,900

Income Taxes Income Taxes (Details) (Details) - USD ($) $ in Millions	3 Months Ended	11 Months Ended
	May 02, 2020	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	21.00%	35.00%
Tax benefit related to carryback provision of the CARES Act	$ 14.8
Remeasurement of beginning deferred tax assets and liabilities	25.2
Impact of the net operating loss carryback	$ 40.0

Leases (Details) - USD ($) $ in Thousands	3 Months Ended
Leases (Details) - USD ($) $ in Thousands	May 02, 2020	May 04, 2019	Feb. 01, 2020
Leases [Abstract]
Operating Lease, Right-of-Use Asset	$ 47,852	$ 52,782	$ 47,924
Finance Lease, Right-of-Use Asset	564	987	670
Right-of-Use Assets, Total	48,416	53,769	48,594
Operating Lease, Liability, Current	14,880	15,105	14,654
Operating Lease, Liability, Noncurrent	33,353	36,934	32,683
Operating Lease, Liability	48,233	52,000
Finance Lease, Liability, Current	1,109	1,022	1,219
Finance Lease, Liability, Noncurrent	528	1,636	695
Finance Lease, Liability	1,637
Lease Liabilities, Total	$ 49,870	54,697	49,251
Operating Lease, Weighted Average Remaining Lease Term	6 years 2 months 12 days
Finance Lease, Weighted Average Remaining Lease Term	1 year 6 months
Operating Lease, Weighted Average Discount Rate, Percent	6.60%
Finance Lease, Weighted Average Discount Rate, Percent	14.00%
accumulated amortization finance leases	$ 14,000	13,600	$ 13,900
Income and Expenses, Lessee [Abstract]
Operating Lease, Expense	5,550	6,118
Finance Lease, Interest Expense	79	135
Finance Lease, Right-of-Use Asset, Amortization	106	106
Net Lease Cost	5,735	6,359
Short-term Lease, Cost	500	700
Variable Lease, Cost	300	400
Cash Flow, Operating Activities, Lessee [Abstract]
Operating Lease, Payments	4,720	5,046
Finance Lease, Interest Payment on Liability	79	135
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability	3,972	0
Cash Flow, Financing Activities, Lessee [Abstract]
Finance Lease, Principal Payments	277	$ 222
Total lease liability payments [Abstract]
2020, Remainder Fiscal Year	14,346
2021	14,774
2022	7,696
2023	4,406
2024	3,649
After 2024	15,916
Lease Liability, Payments Due	60,787
Lease Liability, Undiscounted Excess Amount	(10,917)
Finance Lease Liabilities, Payments, Due [Abstract]
2020, Remainder of Fiscal Year	1,071
2021	726
2022	0
2023	0
2024	0
After 2024	0
Finance Lease, Liability, Payments, Due	1,797
Finance Lease, Liability, Undiscounted Excess Amount	(160)
Operating Lease Liabilities, Payments Due [Abstract]
2020, Remainder of Fiscal Year	13,275
2021	14,048
2022	7,696
2023	4,406
2024	3,649
After 2024	15,916
Lessee, Operating Lease, Liability, Payments, Due	58,990
Lessee, Operating Lease, Liability, Undiscounted Excess Amount	$ (10,757)

Reclassifications from Accumulated Other Comprehensive Loss ("AOCL") (Details) - USD ($) $ in Thousands	3 Months Ended
	May 02, 2020	May 04, 2019	Feb. 01, 2020
Reclassifications from accumulated other comprehensive loss
Amortization of actuarial losses	$ 569	$ 0
Income before income taxes and income on and equity in losses of joint ventures	228,145	(100,772)
Income tax expense	66,170	(22,170)
Net Income	161,975	(78,602)
Net Actuarial Loss less than 10 percent of PBO			10.00%
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member] \| Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassifications from accumulated other comprehensive loss
Amortization of actuarial losses	569	0
Income tax expense	138	0
Net Income	$ 431	$ 0

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

Changes in Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	3 Months Ended
	May 02, 2020	May 04, 2019
Changes in accumulated other comprehensive loss
Beginning balance	$ 31,059
Net other comprehensive income	(431)
Ending balance	30,628	$ 12,809
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Changes in accumulated other comprehensive loss
Beginning balance	31,059	12,809
Amounts reclassified from AOCL	(431)	0
Ending balance	$ 30,628	$ 12,809

Gain on Disposal of Assets (Details) - USD ($) $ in Thousands	3 Months Ended
	May 02, 2020	May 04, 2019
Gain on disposal of assets
Proceeds from disposal of assets	$ 111	$ 13,437
Gain on disposal of assets	$ (19)	$ (7,400)

Fair Value Disclosures (Details) - USD ($) $ in Thousands	May 02, 2020	Feb. 01, 2020	May 04, 2019
Fair value disclosures
Subordinated debentures	$ 200,000	$ 200,000	$ 200,000
Fair Value of Assets
Fair value disclosures
Long-term debt, including current portion, fair value	309,000
Subordinated debentures	131,000
Carrying value
Fair value disclosures
Long-term debt, including current portion	365,700
Subordinated debentures	$ 200,000