Quarterly report pursuant to Section 13 or 15(d)

Other Current Assets, Accrued Expenses and Other Current Liabilities and Deferred Taxes and Other Liabilities (Tables)

v3.5.0.2
Other Current Assets, Accrued Expenses and Other Current Liabilities and Deferred Taxes and Other Liabilities (Tables)
6 Months Ended
Jul. 30, 2016
Other Current Assets, Accrued Expenses and Other Current Liabilities and Deferred Taxes and Other Liabilities  
Other current assets

Other current assets consist of the following (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

July 30,

 

August 1,

 

January 30,

 

 

    

2016

    

2015

    

2016

 

Prepaid expenses

 

$

42,686

 

$

45,057

 

$

42,166

 

Tax receivable

 

 

21,037

 

 

68,852

 

 

85,153

 

Current deferred tax assets

 

 

 —

 

 

25,544

 

 

 —

 

Other

 

 

17,390

 

 

13,897

 

 

16,227

 

Total other current assets

 

$

81,113

 

$

153,350

 

$

143,546

 

 

Accrued expenses and other current liabilities

Accrued expenses and other current liabilities consist of the following (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

    

July 30,

    

August 1,

    

January 30,

 

 

 

2016

 

2015

 

2016

 

Accrued salary, bonus, sabbatical, vacation and other benefits

 

$

64,580

 

 

70,795

 

 

75,373

 

Customer deposits, prepayments and refunds payable

 

 

47,993

 

 

45,752

 

 

25,218

 

Sales, value added, payroll, property and other taxes payable

 

 

34,589

 

 

33,723

 

 

27,505

 

Unredeemed gift certificates

 

 

36,217

 

 

35,488

 

 

40,884

 

Accrued workers compensation and medical costs

 

 

30,786

 

 

25,646

 

 

30,877

 

Lease termination and other store closure costs

 

 

20,918

 

 

157

 

 

 —

 

Accrued interest

 

 

16,067

 

 

17,205

 

 

16,282

 

Loyalty program reward certificates

 

 

9,963

 

 

7,508

 

 

9,215

 

Cash dividends declared

 

 

9,307

 

 

8,913

 

 

9,150

 

Accrued royalties

 

 

7,545

 

 

6,794

 

 

3,727

 

Other

 

 

18,892

 

 

18,721

 

 

18,531

 

Total accrued expenses and other current liabilities

 

$

296,857

 

$

270,702

 

$

256,762

 

 

 

Deferred taxes and other liabilities

Deferred taxes and other liabilities consist of the following (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

July 30,

    

August 1,

 

January 30,

 

 

    

2016

    

2015

    

2016

 

Deferred and other income tax liabilities

 

$

115,735

 

$

312,664

 

$

112,469

 

Deferred rent and landlord incentives

 

 

63,367

 

 

63,431

 

 

66,075

 

Unfavorable lease liabilities

 

 

6,141

 

 

10,046

 

 

8,279

 

Other

 

 

6,882

 

 

7,487

 

 

7,782

 

Total deferred taxes and other liabilities

 

$

192,125

 

$

393,628

 

$

194,605