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INCOME TAXES
 12 Months Ended
Feb. 03, 2024
Income Tax Disclosure [Abstract]  
INCOME TAXES INCOME TAXES
The provision for income taxes consists of:

Fiscal Years Ended
February 3,
2024		January 28,
2023		January 29,
2022
Current income tax expense:
  Federal$59,652 $68,003 $69,228 
  State10,733 11,285 14,088 
Deferred income tax expense (benefit)(1,089)1,142 (381)
Total$69,296 $80,430 $82,935 

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
February 3,
2024		January 28,
2023		January 29,
2022
Statutory rate21.0 %21.0 %21.0 %
State income tax effect2.9 2.7 3.3 
Other0.1 0.3 0.3 
Effective tax rate24.0 %24.0 %24.6 %
Deferred income tax assets and liabilities are comprised of the following:

February 3,
2024		January 28,
2023
Deferred income tax assets (liabilities):
  Inventory$5,458 $4,257 
  Stock-based compensation5,417 4,276 
  Accrued compensation6,318 5,197 
  Accrued store operating costs2,880 2,886 
  Unrealized (gain)/loss on securities(207)59 
  Gift certificates redeemable1,015 889 
  Deferred rent liability— 98 
  Property and equipment(19,802)(17,118)
  Operating lease right-of-use assets(67,395)(65,141)
  Operating lease liabilities75,697 72,908 
  Capitalized research and development costs60 41 
Net deferred income tax asset$9,441 $8,352 

As of February 3, 2024 and January 28, 2023, respectively, the net deferred income tax assets of $9,441 and $8,352 are classified in other assets. There were no unrecognized tax benefits recorded in the Company’s consolidated financial statements as of February 3, 2024 or January 28, 2023. Fiscal years 2020 through 2023 remain subject to potential federal examination. Additionally, fiscal years 2019 through 2023 are subject to potential examination by various state taxing authorities.