Document and Entity Information - USD ($)	12 Months Ended
Document and Entity Information - USD ($)	Jan. 30, 2016	Feb. 27, 2016	Jul. 31, 2015
Document And Entity Information [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Jan. 30, 2016
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	FY
Trading Symbol	BURL
Entity Registrant Name	BURLINGTON STORES, INC.
Entity Central Index Key	0001579298
Current Fiscal Year End Date	--01-30
Entity Well-known Seasoned Issuer	Yes
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		72,072,840
Entity Public Float			$ 4,065,651,679

Consolidated Balance Sheets - USD ($) $ in Thousands	Jan. 30, 2016	Jan. 31, 2015
Current assets:
Cash and cash equivalents	$ 20,915	$ 25,349
Restricted cash and cash equivalents	27,800	27,800
Accounts receivable—net of allowance for doubtful accounts of $272 and $111 at January 30, 2016 and January 31, 2015, respectively	38,571	49,716
Merchandise inventories	783,528	788,708
Deferred tax assets		37,229
Prepaid and other current assets	62,168	58,681
Total current assets	932,982	987,483
Property and equipment—net of accumulated depreciation and amortization	1,018,570	970,419
Tradenames	238,000	238,000
Favorable leases—net of accumulated amortization	238,753	266,397
Goodwill	47,064	47,064
Other assets	104,778	115,206
Total assets	2,580,147	2,624,569
Current liabilities:
Accounts payable	598,199	621,682
Other current liabilities	286,986	310,268
Current maturities of long term debt	1,403	1,167
Total current liabilities	886,588	933,117
Long term debt	1,303,497	1,249,276
Other liabilities	287,389	273,767
Deferred tax liabilities	$ 201,695	$ 234,360
Commitments and contingencies (Notes 1, 7, 12, 13, 14, 15 and 17)
Stockholders’ deficit:
Preferred stock, $0.0001 par value: authorized: 50,000,000 shares; no shares issued and outstanding at January 30, 2016 and January 31, 2015
Common stock, $0.0001 par value: Authorized: 500,000,000 shares at January 30, 2016 and January 31, 2015; Issued: 76,711,663 shares at January 30, 2016 and 75,925,507 shares at and January 31, 2015; Outstanding: 72,071,177 shares at January 30, 2016 and 75,254,682 shares at January 31, 2015	$ 7	$ 7
Additional paid-in-capital	1,395,863	1,370,498
Accumulated deficit	(1,275,972)	(1,426,454)
Accumulated other comprehensive loss	(8,992)	(1,744)
Treasury stock, at cost: 4,640,486 shares and 670,825 shares at January 30, 2016 and January 31, 2015, respectively	(209,928)	(8,258)
Total stockholders' deficit	(99,022)	(65,951)
Total liabilities and stockholders' deficit	$ 2,580,147	$ 2,624,569

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jan. 30, 2016	Jan. 31, 2015
Statement Of Financial Position [Abstract]
Accounts Receivable, Allowances for Doubtful Accounts	$ 272	$ 111
Preferred Stock, Par Value	$ 0.0001	$ 0.0001
Preferred Stock, Authorized	50,000,000	50,000,000
Preferred Stock, Issued	0	0
Preferred Stock, Outstanding	0	0
Common Stock, Par Value	$ 0.0001	$ 0.0001
Common Stock, Authorized	500,000,000	500,000,000
Common Stock, Shares Issued	76,711,663	75,925,507
Common Stock, Shares Outstanding	72,071,177	75,254,682
Treasury Stock, Shares	4,640,486	670,825

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Jan. 30, 2016	Jan. 31, 2015	Feb. 01, 2014
REVENUES:
Net sales	$ 5,098,932	$ 4,814,504	$ 4,427,503
Other revenue	30,911	35,130	34,484
Total revenue	5,129,843	4,849,634	4,461,987
COSTS AND EXPENSES:
Cost of sales	3,059,641	2,900,819	2,695,957
Selling, general and administrative expenses	1,597,718	1,520,929	1,391,788
Costs related to debt amendments, secondary offerings, termination of advisory agreement and other	247	2,412	23,026
Restructuring and separation costs			2,171
Stock option modification expense	1,368	2,940	10,418
Depreciation and amortization	172,099	167,580	168,195
Impairment charges-long-lived assets (Note 6)	6,111	2,579	3,180
Other income—net	(5,865)	(10,753)	(8,939)
Loss on extinguishment of debt	649	74,347	16,094
Interest expense (inclusive of gain (loss) on interest rate cap agreements)	58,999	83,745	127,739
Total cost and expenses	4,890,967	4,744,598	4,429,629
Income before income tax expense	238,876	105,036	32,358
Income tax expense	88,394	39,081	16,208
Net income	150,482	65,955	16,150
Class L preference amount			(111,282)
Net income (loss) attributable to common stockholders	150,482	65,955	(95,132)
Allocation of net income (loss) to common stockholders - basic	$ 150,482	$ 65,955	$ (95,132)
Net income (loss) per share - basic	$ 2.03	$ 0.89	$ (0.26)
Allocation of net income (loss) to common stockholders-diluted	$ 150,482	$ 65,955	$ (144,392)
Net income (loss) per share - diluted	$ 1.99	$ 0.87	$ (0.39)
Weighted average number of shares - basic	74,111	74,101	369,567
Weighted average number of shares - diluted	75,443	75,865	370,040
Class L Common Stock
COSTS AND EXPENSES:
Allocation of net income (loss) to common stockholders - basic			$ 111,282
Net income (loss) per share - basic			$ 31.93
Allocation of net income (loss) to common stockholders-diluted			$ 111,282
Net income (loss) per share - diluted			$ 31.93
Weighted average number of shares - basic			3,485
Weighted average number of shares - diluted			3,485

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Jan. 30, 2016	Jan. 31, 2015	Feb. 01, 2014
Statement Of Income And Comprehensive Income [Abstract]
Net income	$ 150,482	$ 65,955	$ 16,150
Interest rate cap contracts:
Unrealized losses, net of related tax benefit of $4.9 million for Fiscal 2015 and $1.2 million for Fiscal 2014	(7,420)	(1,744)	0
Amount reclassified into earnings, net of related taxes of $0.1 million for Fiscal 2015	172	0	0
Other comprehensive (loss), net of tax:	(7,248)	(1,744)	0
Total comprehensive income	$ 143,234	$ 64,211	$ 16,150

- Definition

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

+ References + Details

Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Millions	12 Months Ended
	Jan. 30, 2016	Jan. 31, 2015	Feb. 01, 2014
Statement Of Income And Comprehensive Income [Abstract]
Unrealized losses on Interest Rate Cap Contracts, Tax Benefit	$ 4.9	$ 1.2	$ 1.2
Amount reclassified into earnings on Interest Rate Cap Contracts, Tax	$ 0.1

Consolidated Statements of Cash Flows - USD ($)
$ in Thousands

12 Months Ended

Jan. 30, 2016

Jan. 31, 2015

Feb. 01, 2014

OPERATING ACTIVITIES

Net income

$ 150,482

$ 65,955

$ 16,150

Adjustments to reconcile net income to net cash provided by operating activities

Depreciation and amortization

172,099

167,580

168,195

Impairment charges—long-lived assets

6,111

2,579

3,180

Amortization of deferred financing costs

2,868

6,057

9,574

Accretion of long-term debt instruments

809

1,579

2,998

Deferred income tax (benefit)

5,909

(30,940)

(17,973)

Non-cash loss on extinguishment of debt—write-off of deferred financing costs and original issue discount

649

28,051

11,506

Non-cash stock compensation expense

^[1]

11,161

6,264

10,203

Non-cash rent expense

(24,143)

(19,463)

(11,059)

Deferred rent incentives

41,786

38,418

41,571

Excess tax benefit from stock based compensation

(11,941)

(15,461)

Insurance recoveries

3,573

Changes in assets and liabilities:

Accounts receivable

1,263

(8,616)

1,573

Merchandise inventories

5,180

(68,658)

(39,862)

Prepaid and other current assets

(6,454)

27,546

(8,961)

Accounts payable

(23,483)

78,695

42,581

Other current liabilities

(10,642)

18,958

51,096

Other long term assets and long term liabilities

3,850

2,552

3,477

Other

1,957

1,239

1,529

Net cash provided by operating activities

327,461

302,335

289,351

INVESTING ACTIVITIES

Cash paid for property and equipment

(201,787)

(220,980)

(168,267)

Change in restricted cash and cash equivalents

4,300

2,700

Proceeds from sale of property and equipment and assets held for sale

4,250

174

773

Other

2,805

Net cash used in investing activities

(194,732)

(216,506)

(164,794)

FINANCING ACTIVITIES

Proceeds from long term debt—ABL Line of Credit

1,607,400

962,500

806,800

Principal payments on long term debt—ABL Line of Credit

(1,503,300)

(899,200)

(806,800)

Proceeds from long term debt—Holdco Notes

343,000

Principal payments on long term debt—Holdco Notes

(128,223)

(221,777)

Principal payments on long term debt—Senior Notes

(450,000)

Payment of dividends

(336,000)

Purchase of treasury shares

(201,670)

(3,933)

Proceeds from stock option exercises

2,100

2,514

2,527

Excess tax benefit from stock based compensation

11,941

15,461

Deferred financing costs

(168)

(13,658)

(22,126)

Proceeds from initial public offering

260,667

Offering costs

(23,747)

Other

(3,466)

(5,418)

(920)

Net cash used in financing activities

(137,163)

(193,464)

(34,909)

(Decrease) increase in cash and cash equivalents

(4,434)

(107,635)

89,648

Cash and cash equivalents at beginning of period

25,349

132,984

43,336

Cash and cash equivalents at end of period

20,915

25,349

132,984

Supplemental disclosure of cash flow information:

Interest paid

57,376

100,047

111,533

Income tax payments - net

84,676

74,363

2,769

Accretion of class L preferred return

104,859

Non-cash investing activities:

Accrued purchases of property and equipment

18,017

21,878

21,604

Acquisition of capital lease

409

3,342

887

Term B-3 Loans

FINANCING ACTIVITIES

Proceeds from long term debt—Term B-3 Loans

1,194,000

Principal payments on long term debt

$ (50,000)

(33,000)

Term B-2 Loans

FINANCING ACTIVITIES

Principal payments on long term debt

(834,507)

(36,533)

Principal payments on long term debt—Senior Notes

$ (4,000)

$ (30,000)

[1]	The amounts presented in the table above exclude the effect of income taxes. The tax benefit related to the Company’s non-cash stock compensation was $4.1 million, $2.3 million and $5.1 million during Fiscal 2015, Fiscal 2014 and Fiscal 2013, respectively.

Consolidated Statements of Stockholder's Deficit - USD ($)
$ in Thousands

Total

Class L Common Stock

Class A common stock

Common Stock

Class L Common Stock

Common Stock

Class A common stock

Additional Paid-in Capital

Class L Common Stock

Accumulated Deficit

Class L Common Stock

Accumulated Other Comprehensive Loss

Treasury Stock

Class L Common Stock

Treasury Stock

Class A common stock

Balance at beginning of period at Feb. 02, 2013

$ (1,109,458)

$ 47

$ (1,109,501)

$ (4)

Balance at beginning of period (in shares) at Feb. 02, 2013

517,979,682

(4,812,588)

Net income

16,150

Accretion of class L preferred return

$ (104,859)

$ (8,201)

$ (96,658)

Stock options exercised

$ 1

Stock options exercised and related tax benefit (in shares)

11,668,810

Stock based compensation

10,203

$ 10,203

Unrealized losses on interest rate cap contracts, net of related tax benefit

Amount reclassified into earnings, net of related taxes

Dividend

(302,400)

Issuance of restricted shares

26,396

Cancellation of shares

$ (44)

$ (48)

$ 4

Cancellation of shares (in shares)

(529,620,894)

4,812,588

Conversion of common Stock

$ 1,103,019

$ 6

$ 1,107,338

$ (4,325)

Conversion of common Stock (in shares)

58,830,948

(531,751)

Initial public offering

236,920

$ 1

236,919

Initial public offering (in shares)

15,333,333

Balance at end of period at Feb. 01, 2014

(150,468)

$ 7

1,346,259

(1,492,409)

$ (4,325)

Balance at end of period (in shares) at Feb. 01, 2014

74,218,275

(531,751)

Net income

65,955

Stock options exercised

17,975

Stock options exercised and related tax benefit (in shares)

1,362,066

Shares used for tax withholding

(3,933)

$ (3,933)

Shares used for tax withholding (in shares)

(139,074)

Stock based compensation

6,264

Unrealized losses on interest rate cap contracts, net of related tax benefit

(1,744)

$ (1,744)

Amount reclassified into earnings, net of related taxes

Issuance of restricted shares

345,166

Balance at end of period at Jan. 31, 2015

(65,951)

$ 7

1,370,498

(1,426,454)

(1,744)

$ (8,258)

Balance at end of period (in shares) at Jan. 31, 2015

75,925,507

(670,825)

Net income

150,482

Stock options exercised

$ 14,204

14,204

Stock options exercised and related tax benefit (in shares)

600,099

^[1]

600,099

Shares used for tax withholding

$ (1,313)

Shares used for tax withholding (in shares)

25,559

(25,559)

Shares purchased as part of publicly announced programs

$ (200,357)

Shares purchased as part of publicly announced programs, (in shares)

(3,944,102)

Stock based compensation

11,161

Unrealized losses on interest rate cap contracts, net of related tax benefit

(7,420)

Amount reclassified into earnings, net of related taxes

172

Issuance of restricted shares

186,057

Balance at end of period at Jan. 30, 2016

$ (99,022)

$ 7

$ 1,395,863

$ (1,275,972)

$ (8,992)

$ (209,928)

Balance at end of period (in shares) at Jan. 30, 2016

76,711,663

(4,640,486)

[1]	Options exercised during Fiscal 2015 had a total intrinsic value of $30.9 million.

Consolidated Statements of Stockholder's Deficit (Parenthetical) - USD ($) $ in Millions	12 Months Ended
	Jan. 30, 2016	Jan. 31, 2015
Statement Of Stockholders Equity [Abstract]
Stock options exercised, related tax benefit	$ 11.9	$ 15.5
Forfeited restricted shares	40,588	1,707
Unrealized losses on Interest Rate Cap Contracts, Tax Benefit	$ 4.9	$ 1.2
Amount reclassified into earnings on Interest Rate Cap Contracts, Tax	$ 0.1

Summary of Significant Accounting Policies

12 Months Ended

Jan. 30, 2016

Accounting Policies [Abstract]

Summary of Significant Accounting Policies

1. Summary of Significant Accounting Policies

Business

As of January 30, 2016, Burlington Stores, Inc. and its subsidiaries (the Company), a Delaware Corporation, through its indirect subsidiary Burlington Coat Factory Warehouse Corporation (BCFWC), operated 567 retail stores, inclusive of an internet store, in 45 states and Puerto Rico, selling apparel, footwear and accessories for men, women and children. A majority of those stores offer a home furnishing and linens department and a juvenile furniture department. As of January 30, 2016, the Company operated stores under the names “Burlington Stores” (550 stores), “Cohoes Fashions” (2 stores), “Super Baby Depot” (2 stores), “MJM Designer Shoes” (12 stores) and “Burlington Shoes” (1 store). Cohoes Fashions offers products similar to those offered by Burlington Stores. MJM Designer Shoes and Burlington Shoes offer moderately priced designer and fashion shoes. The Super Baby Depot stores offer baby clothing, accessories, furniture and other merchandise in the middle to higher price range. During Fiscal 2015, the Company opened 28 new stores under the name “Burlington Stores” and closed two Burlington Stores and one MJM Designer Shoes store.

Basis of Consolidation and Presentation

The accompanying Consolidated Financial Statements have been prepared in accordance with accounting principles generally accepted in the United States of America (GAAP). The Consolidated Financial Statements include the accounts of Burlington Stores, Inc. and its subsidiaries. All inter-company accounts and transactions have been eliminated in consolidation.

Fiscal Years

The Company defines its fiscal year as the 52 or 53 week period ending on the Saturday closest to January 31. The Company’s fiscal years ended January 30, 2016 (Fiscal 2015), January 31, 2015 (Fiscal 2014) and February 1, 2014 (Fiscal 2013) each consisted of 52 weeks.

Use of Estimates

Certain amounts included in the Consolidated Financial Statements are estimated based on historical experience, currently available information and management’s judgment as to the expected outcome of future conditions and circumstances. While every effort is made to ensure the integrity of such estimates, actual results could differ from these estimates, and such differences could have a material impact on the Company’s Consolidated Financial Statements.

Initial Public Offering

On October 7, 2013, the Company completed its initial public offering (the Offering) whereby 15,333,333 shares of common stock were sold to the public at $17.00 per share. Net proceeds from the offering, after deducting underwriting discounts and commissions and offering expenses (including a transaction fee under the Company’s Advisory Agreement with an affiliate of Bain Capital equal to 1% of the gross proceeds of the offering or $2.6 million), were $236.9 million.

Prior to the Offering, each outstanding share of the Company’s Class A common stock was automatically cancelled and then each outstanding share of the Company’s Class L common stock was automatically converted into one share of the Company’s Class A common stock. The Company then effected an 11-for-1 split of the Company’s Class A common stock and then reclassified the Company’s Class A common stock into Common Stock. Collectively, these transactions are referred to as the Reclassification. Unless otherwise indicated, all share data presented within the Consolidated Financial Statements gives effect to the stock split.

Secondary Offerings

During Fiscal 2015 and Fiscal 2014, the Company closed secondary public offerings in which 12,490,154 shares and 42,300,000 shares of its common stock, respectively, were sold by certain of the Company’s stockholders. All of the shares sold in the secondary offerings were offered by selling stockholders. The Company did not receive any of the proceeds from the secondary offering. The Company incurred $0.2 million and $1.8 million in offering costs related to the secondary offerings during Fiscal 2015 and Fiscal 2014, respectively, which are included in the line item “Costs related to debt amendments, secondary offerings, termination of advisory agreement and other” on the Company’s Consolidated Statements of Operations.

Cash and Cash Equivalents

Cash and cash equivalents represent cash and short-term, highly liquid investments with maturities of three months or less at the time of purchase. Book cash overdrafts are included in the line item “Accounts payable” on the Company’s Consolidated Balance Sheets.

Accounts Receivable

Accounts receivable consist of credit card receivables, lease incentive receivables and other receivables. Accounts receivable are recorded at net realizable value, which approximates fair value. The Company provides an allowance for doubtful accounts for amounts deemed uncollectible.

Inventories

Merchandise inventories are valued at the lower of cost or market, as determined by the retail inventory method. Under the retail inventory method, the valuation of inventories at cost and the resulting gross margins are calculated by applying a calculated cost to retail ratio to the retail value of inventories. 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.

The Company records its cost of merchandise (net of purchase discounts and certain vendor allowances), certain merchandise acquisition costs (primarily commissions and import fees), inbound freight, outbound freight from distribution centers, and freight on internally transferred merchandise in the line item “Cost of sales” in the Company’s Consolidated Statements of Operations.

Costs associated with the Company’s distribution, buying, and store receiving functions are included in the line items “Selling, general and administrative expenses” and “Depreciation and amortization” in the Company’s Consolidated Statements of Operations. Product sourcing costs included within the line item “Selling, general and administrative expenses” amounted to $229.4 million, $204.1 million and $168.1 million during Fiscal 2015, Fiscal 2014 and Fiscal 2013, respectively. Depreciation and amortization related to the distribution and purchasing functions for the same periods amounted to $18.3 million, $15.3 million and $14.1 million, respectively.

Property and Equipment

Property and equipment are recorded at cost. Depreciation is computed using the straight-line method over the estimated useful lives of the assets, which range from 20 and 40 years for buildings, depending upon the expected useful life of the facility, and three to ten years for store fixtures and equipment. Leasehold improvements are amortized over the lease term including any reasonably assured renewal options or the expected economic life of the improvement, whichever is less. Repairs and maintenance expenditures are expensed as incurred. Renewals and betterments, which significantly extend the useful lives of existing property and equipment, are capitalized. Assets recorded under capital leases are recorded at the present value of minimum lease payments and are amortized over the lease term. Amortization of assets recorded as capital leases is included in the line item “Depreciation and amortization” in the Company’s Consolidated Statements of Operations. The carrying value of all long-lived assets is reviewed for impairment whenever events or changes in circumstances indicate that the carrying value of an asset may not be recoverable, in accordance with ASC Topic No. 360 “Property, Plant, and Equipment” (Topic No. 360). The Company recorded impairment charges related to property and equipment of $2.4 million, $2.4 million and $2.7 million during Fiscal 2015, Fiscal 2014 and Fiscal 2013, respectively. These charges are recorded in the line item “Impairment charges—long-lived assets” in the Company’s Consolidated Statements of Operations. Refer to Note 6, “Impairment Charges,” for further discussion of the Company’s measurement of impairment of long-lived assets.

Impairment of Long-Lived Assets

The Company reviews its long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of assets held and used is measured by a comparison of the carrying amount of an asset to undiscounted pre-tax future net cash flows expected to be generated by that asset. If the undiscounted future cash flows are not adequate to recover the carrying value of the asset, an impairment loss is recognized for the amount by which the carrying amount of the assets exceeds the fair value of the assets. Refer to Note 6, “Impairment Charges,” for further discussion of the Company’s measurement of impairment of long-lived assets.

Capitalized Computer Software Costs

The Company accounts for capitalized software in accordance with ASC Topic No. 350 “Intangibles—Goodwill and Other” (Topic No. 350) which requires the capitalization of certain costs incurred in connection with developing or obtaining software for internal use. The Company capitalized $17.1 million and $13.3 million relating to these costs during Fiscal 2015 and Fiscal 2014, respectively.

Intangible Assets

The Company accounts for intangible assets in accordance with Topic No. 350. The Company’s intangible assets primarily represent tradenames and favorable lease positions. The tradename asset “Burlington” is expected to generate cash flows indefinitely and, therefore, is accounted for as an indefinite-lived asset not subject to amortization. The values of favorable and unfavorable lease positions are amortized on a straight-line basis over the expected lease terms. Amortization of net favorable lease positions is included in the line item “Depreciation and amortization” in the Company’s Consolidated Statements of Operations. The Company evaluates its intangible assets for possible impairment as follows:

Indefinite-lived intangible assets: The Company tests identifiable intangible assets with an indefinite life for impairment on an annual basis, or when a triggering event occurs, relying on a number of factors that include operating results, business plans and projected future cash flows. The impairment test consists of a comparison of the fair value of the indefinite-lived intangible asset with its carrying amount. The Company determines fair value through the relief of royalty method which is a widely accepted valuation technique. In May 2015, the Company’s annual assessment date, the Company performed a quantitative analysis and determined that the fair values of each of the Company’s identifiable intangible assets are greater than their respective carrying values. There were no impairment losses recorded during Fiscal 2015, Fiscal 2014 or Fiscal 2013 related to indefinite-lived intangible assets.

Finite-lived intangible assets: Identifiable intangible assets that are subject to amortization are evaluated for impairment in accordance with Topic No. 360 using a process similar to that used to evaluate other long-lived assets as described in Note 6, “Impairment Charges.” An impairment loss is recognized for the amount by which the carrying value exceeds the fair value of the asset. For the favorable lease positions, if the carrying amount exceeds the estimated expected undiscounted future cash flows, the Company measures the amount of the impairment by comparing the carrying amount of the asset to its fair value. The fair value is estimated by discounting expected future cash flows using the Company’s risk adjusted rate of interest. The Company recorded impairment charges of $3.3 million related to finite-lived intangible assets during Fiscal 2015. These charges are recorded in the line item “Impairment charges–long-lived assets” in the Company’s Consolidated Statements of Operations. Refer to Note 6, “Impairment Charges,” for further discussion of the Company’s measurement of impairment of long-lived assets. The Company did not record an impairment related to finite-lived intangible assets during Fiscal 2014 or Fiscal 2013.

Goodwill

Goodwill represents the excess of the acquisition cost over the estimated fair value of tangible assets and other identifiable intangible assets acquired less liabilities assumed. Topic No. 350 requires a comparison, at least annually, of the carrying value of the assets and liabilities associated with a reporting unit, including goodwill, with the fair value of the reporting unit. The Company determines fair value through multiple widely accepted valuation techniques. These techniques use a variety of assumptions including projected market conditions, discount rates and future cash flows. If the carrying value of the assets and liabilities exceeds the fair value of the reporting unit, the Company would calculate the implied fair value of its reporting unit goodwill as compared with the carrying value of its reporting unit goodwill to determine the appropriate impairment charge. In May 2015, the Company’s annual assessment date, the Company performed a quantitative analysis and determined that the fair value of the Company’s reporting unit was greater than its respective carrying value. There were no impairment charges recorded during Fiscal 2015, Fiscal 2014 or Fiscal 2013.

Other Assets

Other assets consist primarily of landlord owned store assets that the Company has paid for as part of its lease, deferred financing fees and purchased lease rights. Landlord owned assets represent leasehold improvements at certain stores that the Company has paid for, but where the landlord has retained title to such assets. These assets are amortized over the lease term inclusive of reasonably assured renewal options and the amortization is included in the line item “Depreciation and amortization” in the Company’s Consolidated Statements of Operations. Deferred financing fees are amortized over the life of the related debt facility using the interest method of amortization. Amortization of deferred financing fees is recorded in the line item “Interest expense” in the Company’s Consolidated Statements of Operations. Purchased lease rights are amortized over the lease term inclusive of reasonably assured renewal options and the amortization is recorded in the line item “Selling, general and administrative expenses” in the Company’s Consolidated Statements of Operations. Both landlord owned assets and purchased lease rights are assessed for impairment in accordance with Topic No. 360. During Fiscal 2015, Fiscal 2014 and Fiscal 2013, the Company recorded impairment charges of $0.4 million, $0.2 million and $0.5 million, respectively, related to purchased lease rights and landlord owned assets. These charges are recorded in the line item “Impairment charges–long-lived assets” in the Company’s Consolidated Statements of Operations. Refer to Note 6, “Impairment Charges,” for further discussion of the Company’s measurement of impairment of long-lived assets.

Other Current Liabilities

Other current liabilities primarily consist of sales tax payable, customer liabilities, accrued payroll costs, self-insurance reserves, accrued operating expenses, payroll taxes payable, current portion of straight line rent liability and other miscellaneous items. Customer liabilities totaled $32.3 million and $30.5 million as of January 30, 2016 and January 31, 2015, respectively.

The Company has risk participation agreements with insurance carriers with respect to workers’ compensation, general liability insurance and health insurance. Pursuant to these arrangements, the Company is responsible for paying individual claims up to designated dollar limits. The amounts related to these claims are estimated and can vary based on changes in assumptions or claims experience included in the associated insurance programs. An increase in workers’ compensation claims, health insurance claims or general liability claims may result in a corresponding increase in costs related to these claims. Self-insurance reserves as of January 30, 2016 and January 31, 2015 were:

	(in thousands)
	Fiscal Years Ended
	January 30, 2016		January 31, 2015
Short-term self-insurance reserve(a)	$	25,566	$	24,888
Long-term self-insurance reserve(b)		37,456		35,953
Total	$	63,022	$	60,841

(a)	Represents the portions of the self-insurance reserve expected to be paid in the next twelve months which was recorded in the line item “Other current liabilities” in the Company’s Consolidated Balance Sheets.

(b)	The remaining self-insurance reserve balance was recorded in the line item “Other liabilities” in the Company’s Consolidated Balance Sheets.

Other Liabilities

Other liabilities primarily consist of deferred lease incentives, the long term portion of self-insurance reserves, the excess of straight-line rent expense over actual rental payments and tax liabilities associated with the uncertain tax positions recognized by the Company in accordance with ASC Topic No. 740 “Income Taxes” (Topic No. 740).

Deferred lease incentives are funds received or receivable from landlords used primarily to offset the costs incurred for remodeling of stores. These deferred lease incentives are amortized over the expected lease term including rent holiday periods and option periods where the exercise of the option can be reasonably assured. Amortization of deferred lease incentives is included in the line item “Selling, general and administrative expenses” on the Company’s Consolidated Statements of Operations. At January 30, 2016 and January 31, 2015, deferred lease incentives were $179.3 million and $176.3 million, respectively.

Revenue Recognition

The Company records revenue at the time of sale and delivery of merchandise, net of allowances for estimated future returns. The Company presents sales, net of sales taxes, in its Consolidated Statements of Operations. The Company accounts for layaway sales and leased department revenue in compliance with ASC Topic No. 605 “Revenue Recognition” (Topic No. 605). Layaway sales are recognized upon delivery of merchandise to the customer. The amount of cash received upon initiation of the layaway is recorded as a deposit liability in the line item “Other current liabilities” in the Company’s Consolidated Balance Sheets. Store value cards (gift cards and store credits issued for merchandise returns) are recorded as a liability at the time of issuance, and the related sale is recorded upon redemption.

The Company determines an estimated store value card breakage rate by continuously evaluating historical redemption data. Breakage income is recognized monthly in proportion to the historical redemption patterns for those store value cards for which the likelihood of redemption is remote.

Other Revenue

Other revenue consists of rental income received from layaway, alteration, dormancy and other service charges, inclusive of shipping and handling revenues (Service fees), leased departments and subleased rental income as shown in the table below:

	(in thousands)
	Fiscal Years Ended
	January 30, 2016		January 31, 2015		February 1, 2014
Service fees	$	14,782	$	14,269	$	13,711
Rental income from leased departments		7,448		12,366		10,924
Subleased rental income and other		8,681		8,495		9,849
Total	$	30,911	$	35,130	$	34,484

Rental income from leased departments results from arrangements at some of the Company’s stores where the Company has granted unaffiliated third parties the right to use designated store space solely for the purpose of selling such third parties’ goods, including such items as fragrances. Rental income is based on an agreed upon percentage of the lease departments’ total revenues. The Company does not own or have any rights to any tradenames, licenses or other intellectual property in connection with the brands sold by such unaffiliated third parties. During Fiscal 2015, we began the conversion our fragrance business, which was previously operated under a licensing arrangement, to an owned category which is recorded in the line item “Net sales” in our Consolidated Statements of Operations. By the end of the first quarter of Fiscal 2016, we expect fragrances will be exclusively an owned business.

Advertising Costs

The Company’s advertising costs consist primarily of national television, direct mail and digital costs, and are included in the line item “Selling, general and administrative expenses” on the Company’s Consolidated Statements of Operations. During Fiscal 2015, Fiscal 2014 and Fiscal 2013, net advertising costs were $84.7 million, $84.9 million and $83.3 million, respectively.

The Company nets certain cooperative advertising reimbursements received from vendors that meet the criteria of Topic No. 605 against specific, incremental, identifiable costs incurred in connection with selling the vendors’ products. Any excess reimbursement is characterized as a reduction of inventory and is recognized as a reduction to cost of sales as inventories are sold.

Barter Transactions

The Company accounts for barter transactions under ASC Topic No. 845 “Nonmonetary Transactions.” Barter transactions with commercial substance are recorded at the estimated fair value of the products exchanged, unless the products received have a more readily determinable estimated fair value. Revenue associated with barter transactions is recorded at the time of the exchange of the related assets.

During Fiscal 2015, the Company exchanged $0.1 million of inventory for certain advertising credits. To account for the exchange, the Company recorded “Net sales” and “Cost of sales” of $0.1 million in the Company’s Consolidated Statements of Operations. The Company did not enter into any new barter agreements during Fiscal 2014 or Fiscal 2013. The $5.5 million of unused advertising credits remaining as of January 30, 2016 are expected to be used over the four consecutive fiscal years following Fiscal 2015.

The following table summarizes the prepaid advertising expense which was included in the line items “Prepaid and other current assets” and “Other assets” in the Company’s Consolidated Balance Sheets as of January 30, 2016 and January 31, 2015:

	(in thousands)
	January 30, 2016		January 31, 2015
Prepaid and other current assets	$	3,300	$	2,664
Other assets		2,196		5,246
Total prepaid advertising expense	$	5,496	$	7,910

The following table details barter credit usage for Fiscal 2015, Fiscal 2014 and Fiscal 2013, which are included in the line item “Selling, general and administrative expenses” on the Company’s Consolidated Statements of Operations:

	(in thousands)
	Fiscal Years Ended
	January 30, 2016		January 31, 2015		February 1, 2014
Barter credit usage	$	2,551	$	2,650	$	2,544

Income Taxes

The Company accounts for income taxes in accordance with Topic No. 740. Deferred income taxes reflect the impact of temporary differences between amounts of assets and liabilities for financial reporting purposes and such amounts as measured by tax laws. A valuation allowance against the Company’s deferred tax assets is recorded when it is more likely than not that some portion or all of the deferred tax assets will not be realized. In determining the need for a valuation allowance, management is required to make assumptions and to apply judgment, including forecasting future earnings, taxable income, and the mix of earnings in the jurisdictions in which the Company operates. Management periodically assesses the need for a valuation allowance based on the Company’s current and anticipated results of operations. The need for and the amount of a valuation allowance can change in the near term if operating results and projections change significantly.

Topic No. 740 requires the recognition in the Company’s Consolidated Financial Statements of the impact of a tax position taken or expected to be taken in a tax return, if that position is “more likely than not” of being sustained upon examination by the relevant taxing authority, based on the technical merits of the position. The tax benefits recognized in the Company’s Consolidated Financial Statements from such a position are measured based on the largest benefit that has a greater than fifty percent likelihood of being realized upon ultimate resolution. The Company records interest and penalties related to unrecognized tax benefits as part of income taxes.

Other Income, Net

Other income, net, consists of investment income gains and losses, breakage income, net gains and losses from disposition of fixed assets, and other miscellaneous income items. During Fiscal 2015, Fiscal 2014 and Fiscal 2013, the Company recognized $2.9 million, $2.5 million and $4.0 million, respectively, of breakage income. During Fiscal 2014, the Company also recognized $3.2 million related to a favorable, one-time legal settlement.

Comprehensive Income

Comprehensive income is comprised of net income and the effective portion of changes in the fair value of derivatives designated and that qualify as cash flow hedges, less amounts reclassified into earnings.

Lease Accounting

The Company leases store locations, distribution centers and office space used in its operations. The Company accounts for these types of leases in accordance with ASC Topic No. 840, “Leases” (Topic No. 840), and subsequent amendments, which require that leases be evaluated and classified as operating or capital leases for financial reporting purposes. Assets held under capital leases are included in the line item “Property and equipment—net of accumulated depreciation and amortization” in the Company’s Consolidated Balance Sheets. For leases classified as operating, the Company calculates rent expense on a straight-line basis over the lesser of the lease term including renewal options, if reasonably assured, or the economic life of the leased premises, taking into consideration rent escalation clauses, rent holidays and other lease concessions. The Company commences recording rent expense during the store fixturing and merchandising phase of the leased property.

Stock-Based Compensation

The Company accounts for stock-based compensation in accordance with ASC Topic No. 718, “Stock Compensation” (Topic No. 718), which requires companies to record stock compensation expense for all non-vested and new awards beginning as of the grant date. As of January 30, 2016, there were 16,125,258 shares authorized for issuance under the Company’s Management Incentive Plans as defined in Note 12, “Stock-Based Compensation.” As of January 30, 2016, there were 2,744,671 options outstanding and 509,543 shares of non-vested restricted stock outstanding under the Company’s Management Incentive Plans. During Fiscal 2015, Fiscal 2014 and Fiscal 2013, the Company recognized non-cash stock compensation expense in the amount of $11.2 million, $6.3 million and $10.2 million, respectively. Refer to Note 12 for further details.

Net Income (Loss) Per Share

Net income (loss) per share is calculated using the treasury stock method. Refer to Note 11, “Net Income (Loss) Per Share,” for further details.

Credit Risk

Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash, cash equivalents and investments. The Company manages the credit risk associated with cash equivalents and investments by investing with high-quality institutions and, by policy, limiting investments only to those which meet prescribed investment guidelines. The Company maintains cash accounts that, at times, may exceed federally insured limits. The Company has not experienced any losses from maintaining cash accounts in excess of such limits. Management believes that it is not exposed to any significant risks on its cash and cash equivalent accounts.

Segment Information

The Company reports segment information in accordance with ASC Topic No. 280 “Segment Reporting.” The Company has one reportable segment. The Company is an off-price retailer that offers customers a complete line of value-priced apparel, including: ladies sportswear, menswear, coats, family footwear and youth apparel as well as baby furniture, accessories, home décor and gifts. Sales percentage by major product category is as follows:

Category	Fiscal 2015			Fiscal 2014			Fiscal 2013
Women’s Ready-to-Wear Apparel		24	%		24	%		24	%
Accessories and Footwear		22	%		22	%		21	%
Menswear		21	%		20	%		19	%
Youth Apparel/Baby		16	%		18	%		20	%
Home		11	%		9	%		8	%
Coats		6	%		7	%		8	%

Recent Accounting Pronouncements	12 Months Ended
Recent Accounting Pronouncements	Jan. 30, 2016
New Accounting Pronouncements And Changes In Accounting Principles [Abstract]
Recent Accounting Pronouncements	2. Recent Accounting Pronouncements In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2014-09, “Revenue from Contracts with Customers,” which provides guidance for revenue recognition. The standard’s core principle is that a company will recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. In doing so, companies will need to use more judgment and make more estimates than under current guidance. These may include identifying performance obligations in the contract, estimating the amount of variable consideration included in the transaction price and allocating the transaction price to each separate performance obligation. At its July 9, 2015 meeting, the FASB affirmed its proposal to defer the effective date of this ASU for reporting periods beginning after December 15, 2017, with early adoption permitted for annual reporting periods beginning on or after December 15, 2016, and interim periods within those annual periods. The effective date of this ASU for the Company is the beginning of the fiscal year ended February 2, 2019 (Fiscal 2018). The Company is currently in the process of evaluating the impact of adoption of this ASU on its Consolidated Financial Statements. In April 2015, the FASB issued ASU 2015-03, “Interest—Imputation of Interest: Simplifying the Presentation of Debt Issuance Costs.” This standard amends existing guidance to require the presentation of debt issuance costs in the balance sheet as a deduction from the carrying amount of the related debt liability. This ASU is effective for fiscal years beginning after December 15, 2015, with early adoption permitted. The Company intends to adopt this ASU on a retrospective basis during the fiscal year beginning on January 31, 2016. The Company does not expect this standard to have a significant effect on its Consolidated Financial Statements. In November 2015, the FASB issued ASU 2015-17, “Income Taxes: Balance Sheet Classification of Deferred Taxes” (ASU 2015-17) as part of its simplification initiative. This standard requires entities to present deferred tax assets (DTAs) and deferred tax liabilities (DTLs) as non-current in a classified balance sheet. It simplifies the current guidance, which requires entities to separately present DTAs and DTLs as current or non-current in a classified balance sheet. Netting of DTAs and DTLs by tax jurisdiction is still required under this ASU. This standard is effective for fiscal years beginning after December 15, 2016, with early adoption permitted as of the beginning of an interim or annual reporting period. The Company adopted this ASU during the beginning of the fourth quarter of Fiscal 2015 on a prospective basis. Prior periods were not retrospectively adjusted to reflect the adoption of this ASU. Other than the balance sheet reclassification, this standard did not have a significant effect on the Company’s Consolidated Financial Statements. In February 2016, the FASB issued ASU 2016-02, “Leases” which provides guidance for leases. The standard’s core principle is to increase transparency and comparability among organizations by recognizing lease assets and liabilities on the balance sheet and disclosing key information. This standard is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years, which would be the beginning of the fiscal year ended February 1, 2020 (Fiscal 2019). Early adoption is permitted. The Company is currently in the process of evaluating the impact of adoption of this ASU on its Consolidated Financial Statements. There were no other new accounting standards that had a material impact on the Company’s Consolidated Financial Statements during Fiscal 2015, and there were no other new accounting standards or pronouncements that were issued but not yet effective as of January 30, 2016 that the Company expects to have a material impact on its financial position or results of operations upon becoming effective.

Property and Equipment

12 Months Ended

Jan. 30, 2016

Property Plant And Equipment [Abstract]

Property and Equipment

4. Property and Equipment

Property and equipment consist of:

		(in thousands)
	Useful Lives	January 30, 2016			January 31, 2015
Land	N/A	$	159,044		$	159,246
Buildings	20 to 40 Years		438,609			424,601
Store fixtures and equipment	3 to 10 Years		732,851			643,647
Software	3 to 5 Years		188,399			187,402
Leasehold improvements	Shorter of lease term or useful life		511,036			466,940
Construction in progress	N/A		15,815			21,478
			2,045,754			1,903,314
Less: accumulated depreciation			(1,027,184	)		(932,895	)
Total property and equipment, net of accumulated depreciation and amortization		$	1,018,570		$	970,419

As of January 30, 2016 and January 31, 2015, assets, net of accumulated amortization of $16.6 million and $14.5 million, respectively, held under capital leases amounted to approximately $24.2 million and $25.9 million, respectively, and are included in the line item “Buildings” in the foregoing table. Amortization expense related to capital leases is included in the line item “Depreciation and amortization” in the Company’s Consolidated Statements of Operations. The total amount of depreciation expense during Fiscal 2015, Fiscal 2014 and Fiscal 2013 was $135.7 million, $130.8 million and $128.8 million, respectively.

During Fiscal 2015, Fiscal 2014 and Fiscal 2013, the Company recorded impairment charges related to property and equipment of $2.4 million, $2.4 million and $2.7 million, respectively. Refer to Note 6, “Impairment Charges,” for further discussion.

Internally developed software is amortized on a straight line basis over three to five years and is recorded in the line item “Depreciation and amortization” in the Company’s Consolidated Statements of Operations. Depreciation and amortization of internally developed software amounted to $14.6 million, $17.4 million and $18.8 million during Fiscal 2015, Fiscal 2014 and Fiscal 2013, respectively.

Intangible Assets

12 Months Ended

Jan. 30, 2016

Goodwill And Intangible Assets Disclosure [Abstract]

Intangible Assets

5. Intangible Assets

Intangible assets at January 30, 2016 and January 31, 2015 consist primarily of tradenames and favorable lease positions as follows:

	(in thousands)
	January 30, 2016							January 31, 2015
	Gross Carrying Amount		Accumulated Amortization			Net Amount		Gross Carrying Amount		Accumulated Amortization			Net Amount
Tradenames	$	238,000	$	—		$	238,000	$	238,000	$	—		$	238,000
Favorable leases	$	470,133		(231,380	)	$	238,753	$	476,677	$	(210,280	)	$	266,397

Favorable Leases

The decrease in the gross carrying amount of the Company’s favorable leases from January 31, 2015 to January 30, 2016 reflects a reduction of $3.2 million during Fiscal 2015 from the write-off of certain favorable leases becoming fully amortized during the period, as well as $3.3 million related to the impairment of three stores. Refer to Note 6, “Impairment Charges,” for further discussion related to impairment charges of favorable leases.

Accumulated amortization of favorable leases as of January 30, 2016 reflects Fiscal 2015 amortization expense of $24.3 million, partially offset by a decrease of $3.2 million related to the write-off of fully amortized leases, as discussed above.

The weighted average amortization period remaining for the Company’s favorable leases is 13.9 years. Amortization expense of favorable leases for each of the next five fiscal years is estimated to be as follows:

Fiscal Years:	(in thousands)
2016	$	24,326
2017		23,235
2018		20,735
2019		20,132
2020		19,143
Total	$	107,571

Impairment Charges

12 Months Ended

Jan. 30, 2016

Goodwill And Intangible Assets Disclosure [Abstract]

Impairment Charges

6. Impairment Charges

Impairment charges recorded during Fiscal 2015, Fiscal 2014 and Fiscal 2013 amounted to $6.1 million, $2.6 million and $3.2 million, respectively, and are primarily related to declines in revenues and operating results of the respective stores. Impairment charges during these periods related to the following:

	(in thousands)
	Fiscal Years Ended
Asset Categories	January 30, 2016		January 31, 2015		February 1, 2014
Favorable leases	$	3,318	$	—	$	—
Furniture and fixtures		1,146		500		970
Leasehold improvements		1,005		696		1,575
Other assets		429		216		465
Other property and equipment		213		15		85
Building/building improvements		—		1,152		81
Land		—		—		4
Total	$	6,111	$	2,579	$	3,180

The Company recorded impairment charges related to store-level assets for five stores during Fiscal 2015, three stores during Fiscal 2014 and seven stores during Fiscal 2013. During Fiscal 2015, Fiscal 2014 and Fiscal 2013, the Company also recorded impairment charges for capital expenditures for previously impaired stores.

Long-lived assets are measured at fair value on a non-recurring basis for purposes of calculating impairment using the fair value hierarchy of ASC Topic No. 820 “Fair Value Measurements” (Topic No. 820). Refer to Note 16, “Fair Value of Financial Instruments,” for further discussion of the Company’s fair value hierarchy. The fair value of the Company’s long-lived assets is generally calculated using discounted cash flows. As of January 30, 2016, all of the stores impaired during Fiscal 2015 were partially impaired. The table below sets forth, by level within the fair value hierarchy, the remaining fair value of the partially-impaired stores, subsequent to impairment charges as of January 30, 2016:

	(in thousands)
	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Un- Observable Inputs (Level 3)		Total		Total Impairment Losses
Favorable leases	$	—	$	—	$	4,462	$	4,462	$	3,318
Furniture and fixtures		—		—		1,254		1,254		1,146
Leasehold improvements		—		—		888		888		1,005
Other assets		—		—		310		310		429
Other property and equipment		—		—		93		93		213
Total	$	—	$	—	$	7,007	$	7,007	$	6,111

Long Term Debt

12 Months Ended

Jan. 30, 2016

Debt Disclosure [Abstract]

Long Term Debt

7. Long Term Debt

Long term debt consists of:

	(in thousands)
	January 30,		January 31,
	2016		2015
$1,200,000 senior secured term loan facility (Term B-3 Loans), LIBOR (with a floor of 1.0%) plus 3.25%, matures on August 13, 2021	$	1,112,575	$	1,161,541
$600,000 ABL senior secured revolving facility, LIBOR plus spread based on average outstanding balance, matures August 13, 2019	$	167,400		63,300
Capital lease obligations		24,925		25,602

Restricted Cash and Cash Equivalents	12 Months Ended
Restricted Cash and Cash Equivalents	Jan. 30, 2016
Cash And Cash Equivalents [Abstract]
Restricted Cash and Cash Equivalents	3. Restricted Cash and Cash Equivalents At January 30, 2016 and January 31, 2015, restricted cash and cash equivalents consisted of $27.8 million related to collateral for certain insurance contracts. The Company has the ability to convert the restricted cash to a letter of credit at any time, which would reduce available borrowings on the Company’s senior secured asset-based revolving credit facility (the ABL Line of Credit) by a like amount.