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INCOME TAXES
 12 Months Ended
Jan. 29, 2022
Income Tax Disclosure [Abstract]  
INCOME TAXES INCOME TAXES
The provision for income taxes consists of:

Fiscal Years Ended
January 29,
2022		January 30,
2021		February 1,
2020
Current income tax expense:
  Federal$69,228 $35,837 $29,660 
  State14,088 6,269 5,604 
Deferred income tax expense (benefit)(381)(1,298)(1,986)
Total$82,935 $40,808 $33,278 

Total income tax expense for the year varies from the amount which would be provided by applying the statutory income tax rate to earnings before income taxes. The primary reasons for this difference (expressed as a percent of pre-tax income) are as follows:

Fiscal Years Ended
January 29,
2022		January 30,
2021		February 1,
2020
Statutory rate21.0 %21.0 %21.0 %
State income tax effect3.3 2.9 3.2 
Other0.3 — — 
Effective tax rate24.6 %23.9 %24.2 %
Deferred income tax assets and liabilities are comprised of the following:

January 29,
2022		January 30,
2021
Deferred income tax assets (liabilities):
  Inventory$3,673 $4,228 
  Stock-based compensation3,157 2,118 
  Accrued compensation4,796 4,551 
  Deferred payroll taxes (a)
623 1,326 
  Accrued store operating costs3,006 2,862 
  Unrealized (gain)/loss on securities(341)(528)
  Gift certificates redeemable921 918 
  Deferred rent liability110 319 
  Property and equipment(13,514)(13,138)
  Operating lease right-of-use assets(62,139)(67,046)
  Operating lease liabilities69,202 73,504 
Net deferred income tax asset$9,494 $9,114 
(a)     Relates to the liability for deferred payment of the employer's portion of Social Security taxes, as provided for under the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) enacted on March 27, 2020.

As of January 29, 2022 and January 30, 2021, respectively, the net deferred income tax assets of $9,494 and $9,114 are classified in "other assets." There were no unrecognized tax benefits recorded in the Company’s consolidated financial statements as of January 29, 2022 or January 30, 2021. Fiscal years 2018 through 2021 remain subject to potential federal examination. Additionally, fiscal years 2017 through 2021 are subject to potential examination by various state taxing authorities.