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PROPERTY AND EQUIPMENT (Details) $ in Thousands | 3 Months Ended | 12 Months Ended
--- | --- | ---
Feb. 01, 2020 USD ($) | Nov. 02, 2019 USD ($) | Aug. 03, 2019 USD ($) | May 04, 2019 USD ($) | Feb. 02, 2019 USD ($) | Nov. 03, 2018 USD ($) | Aug. 04, 2018 USD ($) | May 05, 2018 USD ($) | Feb. 01, 2020 USD ($) | Feb. 02, 2019 USD ($) | Feb. 03, 2018 USD ($)
Property, Plant and Equipment [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
numberofstorestestedforimpairment | 924 |  |  |  |  | 972 |  |  |  |  | 924 | 972 | 1,014
net book value | $ 65,000 |  |  |  |  | $ 81,400 |  |  |  |  | $ 65,000 | $ 81,400 | $ 79,400
Less accumulated depreciation and amortization | (712,576) |  |  |  |  | (674,098) |  |  |  |  | (712,576) | (674,098) |
Property and equipment, net | 236,898 |  |  |  |  | 260,357 |  |  |  |  | 236,898 | 260,357 |
Asset impairment charges | 4,731 | [1] | $ 839 | $ 121 | $ 348 | 464 | [2] | $ 396 | $ 3,979 | $ 1,257 | 6,039 | $ 6,096 | $ 5,190
Number of underperforming stores |  |  |  |  |  |  |  |  |  |  |  | 11 | 21
partiallyimpairedstores |  |  |  |  |  |  |  |  |  |  |  |  | 29
Land and land improvements |  |  |  |  |  |  |  |  |  |  |  |  |
Property, Plant and Equipment [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Property and equipment, gross | 3,403 |  |  |  |  | 3,403 |  |  |  |  | 3,403 | $ 3,403 |
Building and improvements |  |  |  |  |  |  |  |  |  |  |  |  |
Property, Plant and Equipment [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Property and equipment, gross | 35,568 |  |  |  |  | 35,568 |  |  |  |  | 35,568 | 35,568 |
Material handling equipment |  |  |  |  |  |  |  |  |  |  |  |  |
Property, Plant and Equipment [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Property and equipment, gross | 53,540 |  |  |  |  | 51,934 |  |  |  |  | 53,540 | 51,934 |
Leasehold improvements |  |  |  |  |  |  |  |  |  |  |  |  |
Property, Plant and Equipment [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Property and equipment, gross | 285,955 |  |  |  |  | 301,233 |  |  |  |  | 285,955 | 301,233 |
Store fixtures and equipment |  |  |  |  |  |  |  |  |  |  |  |  |
Property, Plant and Equipment [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Property and equipment, gross | 272,158 |  |  |  |  | 273,430 |  |  |  |  | 272,158 | 273,430 |
Capitalized software |  |  |  |  |  |  |  |  |  |  |  |  |
Property, Plant and Equipment [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Property and equipment, gross | 265,610 |  |  |  |  | 254,064 |  |  |  |  | 265,610 | 254,064 |
Construction in progress |  |  |  |  |  |  |  |  |  |  |  |  |
Property, Plant and Equipment [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Property and equipment, gross | $ 33,240 |  |  |  |  | $ 14,823 |  |  |  |  | $ 33,240 | $ 14,823 |
[1] |
|  | Fiscal Year Ended February 2, 2019
|  | First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter
|  | (in thousands, except earnings per share)
Net sales |  | $ | 436,314 |  |  | $ | 448,718 |  |  | $ | 522,495 |  |  | $ | 530,557 |
Gross profit |  | 160,192 |  |  | 154,806 |  |  | 204,366 |  |  | 164,232 |
Selling, general, and administrative expenses |  | 118,471 |  |  | 124,210 |  |  | 123,207 |  |  | 132,455 |
Asset impairment charges |  | 1,257 |  |  | 3,979 |  |  | 396 |  |  | 464 |
Other (income) costs |  | — |  |  | — |  |  | (1,246 | ) |  | 191 |
Depreciation and amortization |  | 17,406 |  |  | 16,595 |  |  | 17,404 |  |  | 17,479 |
Operating income |  | 23,058 |  |  | 10,022 |  |  | 64,605 |  |  | 13,643 |
Income before provision for income taxes |  | 22,761 |  |  | 9,076 |  |  | 63,774 |  |  | 12,913 |
Provision (benefit) for income taxes |  | (8,776 | ) |  | 1,590 |  |  | 13,861 |  |  | 889 |
Net income |  | $ | 31,537 |  |  | $ | 7,486 |  |  | $ | 49,913 |  |  | $ | 12,024 |
Diluted earnings per share |  | $ | 1.78 |  |  | $ | 0.45 |  |  | $ | 3.03 |  |  | $ | 0.74 |
Diluted weighted average common shares outstanding |  | 17,734 |  |  | 16,715 |  |  | 16,496 |  |  | 16,277 |
Cash dividends declared and paid per common share |  | $ | 0.50 |  |  | $ | 0.50 |  |  | $ | 0.50 |  |  | $ | 0.50 |
[2] |
|  | Fiscal Year Ended February 2, 2019
|  | First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter
|  | (in thousands, except earnings per share)
Net sales |  | $ | 436,314 |  |  | $ | 448,718 |  |  | $ | 522,495 |  |  | $ | 530,557 |
Gross profit |  | 160,192 |  |  | 154,806 |  |  | 204,366 |  |  | 164,232 |
Selling, general, and administrative expenses |  | 118,471 |  |  | 124,210 |  |  | 123,207 |  |  | 132,455 |
Asset impairment charges |  | 1,257 |  |  | 3,979 |  |  | 396 |  |  | 464 |
Other (income) costs |  | — |  |  | — |  |  | (1,246 | ) |  | 191 |
Depreciation and amortization |  | 17,406 |  |  | 16,595 |  |  | 17,404 |  |  | 17,479 |
Operating income |  | 23,058 |  |  | 10,022 |  |  | 64,605 |  |  | 13,643 |
Income before provision for income taxes |  | 22,761 |  |  | 9,076 |  |  | 63,774 |  |  | 12,913 |
Provision (benefit) for income taxes |  | (8,776 | ) |  | 1,590 |  |  | 13,861 |  |  | 889 |
Net income |  | $ | 31,537 |  |  | $ | 7,486 |  |  | $ | 49,913 |  |  | $ | 12,024 |
Diluted earnings per share |  | $ | 1.78 |  |  | $ | 0.45 |  |  | $ | 3.03 |  |  | $ | 0.74 |
Diluted weighted average common shares outstanding |  | 17,734 |  |  | 16,715 |  |  | 16,496 |  |  | 16,277 |
Cash dividends declared and paid per common share |  | $ | 0.50 |  |  | $ | 0.50 |  |  | $ | 0.50 |  |  | $ | 0.50 |

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