Annual report pursuant to Section 13 and 15(d)

REVENUE RECOGNITION (Tables)

v3.19.1
REVENUE RECOGNITION (Tables)
12 Months Ended
Feb. 02, 2019
REVENUE RECOGNITION  
Schedule of gift card liability

The following table includes activity related to gift cards (in thousands):

 

 

 

 

 

 

 

 

 

    

Fiscal Years

 

 

2018

 

2017

Balance at beginning of period

 

$

56,729

 

$

49,869

Issuance of gift cards

 

 

76,854

 

 

76,860

Revenue recognized (1)

 

 

(67,912)

 

 

(68,284)

Gift card breakage

 

 

(4,600)

 

 

(1,716)

Balance at end of period

 

$

61,071

 

$

56,729


(1)

Revenue recognized from the beginning liability during fiscal 2018 and fiscal 2017 totaled $24.0 million and $24.5 million, respectively.