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Income Taxes (Tables) | 12 Months Ended
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Jan. 31, 2013
Components of Income Tax Provision | The income tax provision is comprised of the following:
|  | Year Ended January 31, |
|  | 2013 |  |  | 2012 |  |  | 2011 |
|  | (In thousands) |
Current |  |  |  |  |  |  |  |  |  |  |  |
Federal |  | $ | 27,983 |  |  | $ | 19,206 |  |  | $ | 24,705 |
State and city |  |  | 4,748 |  |  |  | 4,449 |  |  |  | 5,368 |
Foreign |  |  | 3,986 |  |  |  | 2,396 |  |  |  | 25 |
|  |  | 36,717 |  |  |  | 26,051 |  |  |  | 30,098 |
Deferred |  |  |  |  |  |  |  |  |  |  |  |
Federal |  |  | (1,168 | ) |  |  | 3,821 |  |  |  | 4,884 |
State and city |  |  | (132 | ) |  |  | (252 | ) |  |  | 1,241 |
Foreign |  |  | 19 |  |  |  | — |  |  |  | — |
|  |  | (1,281 | ) |  |  | 3,569 |  |  |  | 6,125 |
Income tax expense |  | $ | 35,436 |  |  | $ | 29,620 |  |  | $ | 36,223 |
Income (loss) before income taxes |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ | 80,145 |  |  | $ | 64,940 |  |  | $ | 92,933 |
Non-United States |  |  | 11,860 |  |  |  | 14,300 |  |  |  | (28 | )
|  | $ | 92,005 |  |  | $ | 79,240 |  |  | $ | 92,905 |
Summary of Significant Components of Net Deferred Tax Assets | The significant components of the Company’s net deferred tax asset at January 31, 2013 and 2012 are summarized as follows:
|  | 2013 |  |  | 2012 |
|  | (In thousands) |
Deferred tax assets |  |  |  |  |  |  |  |
Compensation |  | $ | 1,800 |  |  | $ | 1,995 |
Provision for bad debts and sales allowances |  |  | 8,661 |  |  |  | 7,474 |
Inventory write-downs |  |  | 1,801 |  |  |  | 1,964 |
Other |  |  | 600 |  |  |  | — |
Deferred tax assets, current |  |  | 12,862 |  |  |  | 11,433 |
Compensation |  |  | 4,480 |  |  |  | 2,859 |
Straight-line lease |  |  | 3,310 |  |  |  | 2,596 |
Supplemental employee retirement plan |  |  | 494 |  |  |  | 405 |
Net operating loss |  |  | 354 |  |  |  | 242 |
Other |  |  | 1,491 |  |  |  | 193 |
Deferred tax assets, non-current |  |  | 10,129 |  |  |  | 6,295 |
Total deferred tax assets |  |  | 22,991 |  |  |  | 17,728 |
Deferred tax liabilities |  |  |  |  |  |  |  |
Prepaid expenses and other, current |  |  | (2,577 | ) |  |  | (1,874 | )
Depreciation and amortization, non-current |  |  | (3,127 | ) |  |  | (1,140 | )
Intangibles, non-current |  |  | (21,382 | ) |  |  | (6,444 | )
Other |  |  | (62 | ) |  |  | — |
Total deferred tax liabilities |  |  | (27,148 | ) |  |  | (9,458 | )
Net deferred tax assets (liabilities) |  | $ | (4,157 | ) |  | $ | 8,270 |
Reconciliation of Statutory Federal Income Tax Rate to Effective Rate Reported in Financial Statements | The following is a reconciliation of the statutory federal income tax rate to the effective rate reported in the financial statements for the years ended January 31:
|  | 2013 |  |  | 2012 |  |  | 2011 |
Provision for Federal income taxes at the statutory rate |  |  | 35.0 | % |  |  | 35.0 | % |  |  | 35.0 | %
State and local income taxes, net of Federal tax benefit |  |  | 3.3 |  |  |  | 3.3 |  |  |  | 4.9 |
Permanent differences resulting in Federal taxable income |  |  | 4.8 |  |  |  | 5.5 |  |  |  | 0.4 |
Foreign tax rate differential |  |  | (1.4 | ) |  |  | (3.4 | ) |  |  | — |
Foreign tax credit |  |  | (2.5 | ) |  |  | (2.5 | ) |  |  | — |
Other, net |  |  | (0.7 | ) |  |  | (0.5 | ) |  |  | (1.3 | )
Actual provision for income taxes |  |  | 38.5 | % |  |  | 37.4 | % |  |  | 39.0 | %

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- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319 + Details
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- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319 + Details
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- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32687-109319 + Details
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