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INCOME TAXES
 12 Months Ended
Feb. 01, 2025
Income Tax Disclosure [Abstract]  
INCOME TAXES INCOME TAXES
The provision for income taxes consists of:

Fiscal Years Ended
February 1,
2025		February 3,
2024		January 28,
2023
Current income tax expense:
  Federal$52,846 $59,652 $68,003 
  State8,826 10,733 11,285 
Deferred income tax expense (benefit)637 (1,089)1,142 
Total$62,309 $69,296 $80,430 

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 1,
2025		February 3,
2024		January 28,
2023
Statutory rate21.0 %21.0 %21.0 %
State income tax effect2.7 2.9 2.7 
Other0.5 0.1 0.3 
Effective tax rate24.2 %24.0 %24.0 %
Deferred income tax assets and liabilities are comprised of the following:

February 1,
2025		February 3,
2024
Deferred income tax assets (liabilities):
  Inventory$5,641 $5,458 
  Stock-based compensation5,657 5,417 
  Accrued compensation7,002 6,318 
  Accrued store operating costs2,880 2,880 
  Unrealized (gain)/loss on securities(624)(207)
  Gift certificates redeemable1,188 1,015 
  Deferred rent liability— — 
  Property and equipment(21,744)(19,802)
  Operating lease right-of-use assets(69,550)(67,395)
  Operating lease liabilities78,303 75,697 
  Capitalized research and development costs51 60 
Net deferred income tax asset$8,804 $9,441 

As of February 1, 2025 and February 3, 2024, respectively, the net deferred income tax assets of $8,804 and $9,441 are classified in other assets. There were no unrecognized tax benefits recorded in the Company’s consolidated financial statements as of February 1, 2025 or February 3, 2024. Fiscal years 2021 through 2024 remain subject to potential federal examination. Additionally, fiscal years 2020 through 2024 are subject to potential examination by various state taxing authorities.