2013 Q4 Form 10-Q Financial Statement

#000088524513000010 Filed on December 12, 2013

View on sec.gov

Income Statement

Concept 2013 Q4 2012 Q4
Revenue $286.8M $284.1M
YoY Change 0.92% 3.93%
Cost Of Revenue $160.5M $158.7M
YoY Change 1.13% 2.59%
Gross Profit $126.2M $125.4M
YoY Change 0.65% 5.69%
Gross Profit Margin 44.02% 44.14%
Selling, General & Admin $62.17M $59.25M
YoY Change 4.92% 1.65%
% of Gross Profit 49.25% 47.24%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $8.100M $8.500M
YoY Change -4.71% 4.94%
% of Gross Profit 6.42% 6.78%
Operating Expenses $62.17M $59.25M
YoY Change 4.92% 1.65%
Operating Profit $64.06M $66.16M
YoY Change -3.18% 9.59%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net $361.0K $172.0K
YoY Change 109.88% -45.05%
Pretax Income $64.42M $66.34M
YoY Change -2.89% 9.3%
Income Tax $23.84M $24.42M
% Of Pretax Income 37.0% 36.81%
Net Earnings $40.58M $41.92M
YoY Change -3.18% 9.3%
Net Earnings / Revenue 14.15% 14.75%
Basic Earnings Per Share $0.85 $0.89
Diluted Earnings Per Share $0.85 $0.88
COMMON SHARES
Basic Shares Outstanding 47.71M shares 47.36M shares
Diluted Shares Outstanding 47.98M shares 47.69M shares

Balance Sheet

Concept 2013 Q4 2012 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $156.3M $244.7M
YoY Change -36.13% 212.12%
Cash & Equivalents $130.8M $213.0M
Short-Term Investments $25.50M $31.70M
Other Short-Term Assets $29.00M $18.10M
YoY Change 60.22% 16.03%
Inventory $146.3M $134.5M
Prepaid Expenses
Receivables $7.900M $7.900M
Other Receivables $0.00 $0.00
Total Short-Term Assets $339.5M $405.2M
YoY Change -16.23% 66.56%
LONG-TERM ASSETS
Property, Plant & Equipment $164.9M $170.6M
YoY Change -3.33% -2.31%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $39.30M $33.80M
YoY Change 16.27% -31.16%
Other Assets $2.121M $2.254M
YoY Change -5.9% -6.08%
Total Long-Term Assets $206.3M $206.7M
YoY Change -0.17% -8.6%
TOTAL ASSETS
Total Short-Term Assets $339.5M $405.2M
Total Long-Term Assets $206.3M $206.7M
Total Assets $545.8M $611.9M
YoY Change -10.8% 30.36%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $49.08M $38.25M
YoY Change 28.31% -7.16%
Accrued Expenses $38.50M $39.80M
YoY Change -3.27% -3.86%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $113.4M $103.9M
YoY Change 9.12% 0.39%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $60.50M $59.50M
YoY Change 1.68% 13.12%
Total Long-Term Liabilities $60.50M $59.50M
YoY Change 1.68% 13.12%
TOTAL LIABILITIES
Total Short-Term Liabilities $113.4M $103.9M
Total Long-Term Liabilities $60.50M $59.50M
Total Liabilities $173.9M $163.4M
YoY Change 6.43% 4.75%
SHAREHOLDERS EQUITY
Retained Earnings $247.0M $337.2M
YoY Change -26.76%
Common Stock $125.6M $111.9M
YoY Change 12.3%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $371.9M $448.5M
YoY Change
Total Liabilities & Shareholders Equity $545.8M $611.9M
YoY Change -10.8% 30.36%

Cashflow Statement

Concept 2013 Q4 2012 Q4
OPERATING ACTIVITIES
Net Income $40.58M $41.92M
YoY Change -3.18% 9.3%
Depreciation, Depletion And Amortization $8.100M $8.500M
YoY Change -4.71% 4.94%
Cash From Operating Activities $43.10M $60.80M
YoY Change -29.11% 14.29%
INVESTING ACTIVITIES
Capital Expenditures -$6.300M -$6.500M
YoY Change -3.08% -21.69%
Acquisitions
YoY Change
Other Investing Activities $500.0K $1.900M
YoY Change -73.68% -48.65%
Cash From Investing Activities -$5.800M -$4.600M
YoY Change 26.09% 0.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -9.600M -9.200M
YoY Change 4.35% -92.04%
NET CHANGE
Cash From Operating Activities 43.10M 60.80M
Cash From Investing Activities -5.800M -4.600M
Cash From Financing Activities -9.600M -9.200M
Net Change In Cash 27.70M 47.00M
YoY Change -41.06% -170.15%
FREE CASH FLOW
Cash From Operating Activities $43.10M $60.80M
Capital Expenditures -$6.300M -$6.500M
Free Cash Flow $49.40M $67.30M
YoY Change -26.6% 9.43%

Facts In Submission

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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Management Representation</font></div><div style="line-height:120%;text-align:justify;padding-left:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;padding-left:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The accompanying unaudited consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information. Accordingly, they do not include all of the information and footnotes required by accounting principles generally accepted in the United States of America for complete financial statements. In the opinion of management, all adjustments necessary for the fair presentation of the results of operations for the interim periods have been included. All such adjustments are of a normal recurring nature. Because of the seasonal nature of the business, results for interim periods are not necessarily indicative of a full year's operations. The accounting policies followed by the Company and additional footnotes are reflected in the consolidated financial statements for the fiscal year ended </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">February&#160;2, 2013</font><font style="font-family:inherit;font-size:10pt;">, included in The Buckle, Inc.'s </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2012</font><font style="font-family:inherit;font-size:10pt;"> Form 10-K.</font></div><div style="line-height:120%;padding-left:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;padding-left:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company follows generally accepted accounting principles (&#8220;GAAP&#8221;) established by the Financial Accounting Standards Board (&#8220;FASB&#8221;). References to GAAP in these notes are to the FASB </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Accounting Standards Codification</font><font style="font-family:inherit;font-size:10pt;"> (&#8220;ASC&#8221;).</font></div></div>
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Description of the Business</font></div><div style="line-height:120%;text-align:justify;padding-left:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;padding-left:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company is a retailer of medium to better priced casual apparel, footwear, and accessories for fashion conscious young men and women. The Company operates its business as </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">one</font><font style="font-family:inherit;font-size:10pt;"> reportable segment. The Company had </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">452</font><font style="font-family:inherit;font-size:10pt;"> stores located in </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">43</font><font style="font-family:inherit;font-size:10pt;"> states throughout the continental United States as of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">November&#160;2, 2013</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">440</font><font style="font-family:inherit;font-size:10pt;"> stores in </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">43</font><font style="font-family:inherit;font-size:10pt;"> states as of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">October&#160;27, 2012</font><font style="font-family:inherit;font-size:10pt;">. During the </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">thirty-nine</font><font style="font-family:inherit;font-size:10pt;"> week period ended </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">November&#160;2, 2013</font><font style="font-family:inherit;font-size:10pt;">, the Company opened </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">13</font><font style="font-family:inherit;font-size:10pt;"> new stores, substantially remodeled </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">5</font><font style="font-family:inherit;font-size:10pt;"> stores, and closed </font><font style="font-family:inherit;font-size:10pt;">1</font><font style="font-family:inherit;font-size:10pt;"> store; which includes </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">1</font><font style="font-family:inherit;font-size:10pt;"> new store, </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2</font><font style="font-family:inherit;font-size:10pt;"> substantial remodels, and </font><font style="font-family:inherit;font-size:10pt;">1</font><font style="font-family:inherit;font-size:10pt;"> store closure during the </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">third</font><font style="font-family:inherit;font-size:10pt;"> quarter. During the </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">thirty-nine</font><font style="font-family:inherit;font-size:10pt;"> week period ended </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">October&#160;27, 2012</font><font style="font-family:inherit;font-size:10pt;">, the Company opened </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">9</font><font style="font-family:inherit;font-size:10pt;"> new stores and substantially remodeled </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">19</font><font style="font-family:inherit;font-size:10pt;"> stores; which includes </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">1</font><font style="font-family:inherit;font-size:10pt;"> new store and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">7</font><font style="font-family:inherit;font-size:10pt;"> substantial remodels during the </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">third</font><font style="font-family:inherit;font-size:10pt;"> quarter.</font></div><div style="line-height:120%;padding-left:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;padding-left:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following is information regarding the Company&#8217;s major product lines, stated as a percentage of the Company&#8217;s net sales:</font></div><div style="line-height:120%;text-align:justify;padding-left:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:left;padding-left:24px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:95.71150097465888%;border-collapse:collapse;text-align:left;"><tr><td colspan="12" rowspan="1"></td></tr><tr><td width="29%" rowspan="1" colspan="1"></td><td width="16%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="16%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="16%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="16%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Percentage of Net Sales</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Percentage of Net Sales</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Thirteen Weeks Ended</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Thirty-nine Weeks Ended</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Merchandise Group</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">November&#160;2, 2013</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">October&#160;27, 2012</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">November&#160;2, 2013</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">October&#160;27, 2012</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Denims</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">48.5</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">50.6</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">43.9</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">44.5</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Tops (including sweaters)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">30.3</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">30.3</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">30.1</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">31.3</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accessories</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8.2</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8.0</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8.3</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8.2</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div 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CY2012Q4 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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us-gaap Proceeds From Sale And Maturity Of Marketable Securities
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27153000 USD
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
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21431000 USD
us-gaap Proceeds From Stock Options Exercised
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us-gaap Proceeds From Stock Options Exercised
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CY2013Q1 us-gaap Property Plant And Equipment Gross
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bke Number Of Stores Opened During Period
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13 store
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CY2013Q1 us-gaap Receivables Net Current
ReceivablesNetCurrent
3470000 USD
CY2013Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
7866000 USD
us-gaap Restricted Stock Expense
RestrictedStockExpense
7450000 USD
us-gaap Restricted Stock Expense
RestrictedStockExpense
6136000 USD
CY2013Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
172711000 USD
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
246995000 USD
CY2012Q4 us-gaap Sales Revenue Net
SalesRevenueNet
284147000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
789002000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
763392000 USD
CY2013Q4 us-gaap Sales Revenue Net
SalesRevenueNet
286761000 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
371864000 USD
CY2012Q1 us-gaap Stockholders Equity
StockholdersEquity
363147000 USD
CY2012Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
59252000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
175001000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
165538000 USD
CY2013Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
62167000 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
573000 USD
CY2013Q1 us-gaap Stockholders Equity
StockholdersEquity
289649000 USD
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
448485000 USD
CY2012Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
47689000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
47959000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
47650000 shares
CY2013Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
47984000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47703000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47307000 shares
CY2013Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47707000 shares
CY2012Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47358000 shares
CY2013Q1 bke Accounts Payable Capital Expenditures Current
AccountsPayableCapitalExpendituresCurrent
1019000 USD
CY2013Q4 bke Accounts Payable Capital Expenditures Current
AccountsPayableCapitalExpendituresCurrent
1729000 USD
CY2013Q1 bke Available For Sale Securities Amortized Cost Before Other Than Temporary Impairment
AvailableForSaleSecuritiesAmortizedCostBeforeOtherThanTemporaryImpairment
15075000 USD
CY2013Q4 bke Available For Sale Securities Amortized Cost Before Other Than Temporary Impairment
AvailableForSaleSecuritiesAmortizedCostBeforeOtherThanTemporaryImpairment
13425000 USD
CY2013Q1 bke Available For Sale Securities Gross Unrealized Gain Accumulated In Investments
AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments
0 USD
CY2013Q4 bke Available For Sale Securities Gross Unrealized Gain Accumulated In Investments
AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments
0 USD
CY2013Q1 bke Available For Sale Securities Gross Unrealized Loss Accumulated In Investments
AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments
1482000 USD
CY2013Q4 bke Available For Sale Securities Gross Unrealized Loss Accumulated In Investments
AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments
1225000 USD
CY2012Q4 bke Effect Of Dilutive Securities On Earnings Per Share
EffectOfDilutiveSecuritiesOnEarningsPerShare
-0.01
CY2013Q4 bke Effect Of Dilutive Securities On Earnings Per Share
EffectOfDilutiveSecuritiesOnEarningsPerShare
0.00
bke Effect Of Dilutive Securities On Earnings Per Share
EffectOfDilutiveSecuritiesOnEarningsPerShare
-0.02
bke Effect Of Dilutive Securities On Earnings Per Share
EffectOfDilutiveSecuritiesOnEarningsPerShare
-0.02
CY2013Q1 bke Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
112000 USD
CY2013Q4 bke Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
141000 USD
CY2013Q1 bke Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
15000 USD
CY2013Q4 bke Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
3000 USD
bke Increase Decrease In Deferred Compensation Liability And Incentive From Lessor
IncreaseDecreaseInDeferredCompensationLiabilityAndIncentiveFromLessor
2567000 USD
bke Increase Decrease In Deferred Compensation Liability And Incentive From Lessor
IncreaseDecreaseInDeferredCompensationLiabilityAndIncentiveFromLessor
2074000 USD
bke Non Cash Investing Activities Increase Decrease In Unpaid Purchases Of Property Plant And Equipment
NonCashInvestingActivitiesIncreaseDecreaseInUnpaidPurchasesOfPropertyPlantAndEquipment
-710000 USD
bke Non Cash Investing Activities Increase Decrease In Unpaid Purchases Of Property Plant And Equipment
NonCashInvestingActivitiesIncreaseDecreaseInUnpaidPurchasesOfPropertyPlantAndEquipment
-1095000 USD
CY2012Q4 bke Number Of Stores Opened During Period
NumberOfStoresOpenedDuringPeriod
1 store
CY2013Q4 bke Number Of Stores Opened During Period
NumberOfStoresOpenedDuringPeriod
1 store
bke Number Of Stores Opened During Period
NumberOfStoresOpenedDuringPeriod
9 store
CY2012Q4 bke Number Of Stores Remodeled During Period
NumberOfStoresRemodeledDuringPeriod
7 store
bke Number Of Stores Remodeled During Period
NumberOfStoresRemodeledDuringPeriod
5 store
bke Number Of Stores Remodeled During Period
NumberOfStoresRemodeledDuringPeriod
19 store
CY2013Q4 bke Number Of Stores Remodeled During Period
NumberOfStoresRemodeledDuringPeriod
2 store
CY2013Q4 bke Numberof Stores Closed During Period
NumberofStoresClosedDuringPeriod
1 store
bke Numberof Stores Closed During Period
NumberofStoresClosedDuringPeriod
1 store
CY2013Q1 bke Other Than Temporary Impairment Losses Investments Availableforsale Securities At Point In Time
OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAtPointInTime
2699000 USD
CY2013Q4 bke Other Than Temporary Impairment Losses Investments Availableforsale Securities At Point In Time
OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAtPointInTime
1120000 USD
CY2013Q1 bke Other Than Temporary Impairment Losses Investments Heldto Maturity Securities At Point In Time
OtherThanTemporaryImpairmentLossesInvestmentsHeldtoMaturitySecuritiesAtPointInTime
0 USD
CY2013Q4 bke Other Than Temporary Impairment Losses Investments Heldto Maturity Securities At Point In Time
OtherThanTemporaryImpairmentLossesInvestmentsHeldtoMaturitySecuritiesAtPointInTime
0 USD
CY2013Q4 bke Retail Selling And Marketing Expense
RetailSellingAndMarketingExpense
51991000 USD
bke Retail Selling And Marketing Expense
RetailSellingAndMarketingExpense
144225000 USD
CY2012Q4 bke Retail Selling And Marketing Expense
RetailSellingAndMarketingExpense
49257000 USD
bke Retail Selling And Marketing Expense
RetailSellingAndMarketingExpense
137018000 USD
CY2013Q4 bke Sales Revenue Net Percentage
SalesRevenueNetPercentage
1
CY2012Q4 bke Sales Revenue Net Percentage
SalesRevenueNetPercentage
1
bke Sales Revenue Net Percentage
SalesRevenueNetPercentage
1
bke Sales Revenue Net Percentage
SalesRevenueNetPercentage
1
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--02-01
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
dei Document Period End Date
DocumentPeriodEndDate
2013-11-02
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0000885245
CY2013Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
48331077 shares
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
BUCKLE INC
dei Trading Symbol
TradingSymbol
BKE

Files In Submission

Name View Source Status
0000885245-13-000010-index-headers.html Edgar Link pending
0000885245-13-000010-index.html Edgar Link pending
0000885245-13-000010.txt Edgar Link pending
0000885245-13-000010-xbrl.zip Edgar Link pending
a20131102-10q.htm Edgar Link pending
a20131102-10qex311.htm Edgar Link pending
a20131102-10qex312.htm Edgar Link pending
a20131102-10qex321.htm Edgar Link pending
a20131102-10qex322.htm Edgar Link pending
bke-20131102.xml Edgar Link completed
bke-20131102.xsd Edgar Link pending
bke-20131102_cal.xml Edgar Link unprocessable
bke-20131102_def.xml Edgar Link unprocessable
bke-20131102_lab.xml Edgar Link unprocessable
bke-20131102_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
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report.css Edgar Link pending
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