$TLYS
TILLY'S, INC.

2013 Q1 Form 10-K Financial Statement

#000119312513139904 Filed on April 03, 2013

View on sec.gov

Income Statement

Concept 2013 Q1 2013 2012 Q1
Revenue $140.8M $467.3M $122.9M
YoY Change 14.54% 16.64%
Cost Of Revenue $96.60M $319.7M $81.60M
YoY Change 18.38% 17.77%
Gross Profit $44.20M $147.6M $41.36M
YoY Change 6.87% 14.27%
Gross Profit Margin 31.39% 31.58% 33.64%
Selling, General & Admin $29.40M $116.2M $27.30M
YoY Change 7.69% 23.31%
% of Gross Profit 66.52% 78.73% 66.01%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $4.380M $16.70M $3.870M
YoY Change 13.18% 10.6% -45.57%
% of Gross Profit 9.91% 11.32% 9.36%
Operating Expenses $29.40M $116.2M $27.30M
YoY Change 7.69% 23.31%
Operating Profit $14.80M $31.39M $14.06M
YoY Change 5.3% -10.12%
Interest Expense $91.00K $0.00
YoY Change -53.57%
% of Operating Profit 0.29% 0.0%
Other Income/Expense, Net $0.00 -$91.00K
YoY Change -53.57%
Pretax Income $14.80M $31.30M $14.00M
YoY Change 5.71% -9.88%
Income Tax $4.900M $7.406M $200.0K
% Of Pretax Income 33.11% 23.66% 1.43%
Net Earnings $9.800M $23.89M $13.86M
YoY Change -29.27% -30.42%
Net Earnings / Revenue 6.96% 5.11% 11.27%
Basic Earnings Per Share $0.93 $0.69
Diluted Earnings Per Share $460.1K $0.92 $0.67
COMMON SHARES
Basic Shares Outstanding 10.79M shares 25.66M shares
Diluted Shares Outstanding 26.08M shares

Balance Sheet

Concept 2013 Q1 2013 2012 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $57.20M $57.20M $25.10M
YoY Change 127.89% 127.89% -14.33%
Cash & Equivalents $17.31M $17.30M $25.09M
Short-Term Investments $39.90M $39.90M $0.00
Other Short-Term Assets $500.0K $11.40M $267.0K
YoY Change 87.27% 103.57% -93.79%
Inventory $46.60M $46.60M $36.53M
Prepaid Expenses
Receivables $5.900M $5.500M $6.605M
Other Receivables $479.0K $400.0K $1.070M
Total Short-Term Assets $121.1M $121.1M $73.84M
YoY Change 63.99% 64.09% 3.42%
LONG-TERM ASSETS
Property, Plant & Equipment $80.93M $80.90M $64.08M
YoY Change 26.29% 26.21% 10.1%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $3.357M $3.400M $2.899M
YoY Change 15.8% 17.24% 107.07%
Total Long-Term Assets $84.28M $84.30M $66.98M
YoY Change 25.84% 25.82% 12.38%
TOTAL ASSETS
Total Short-Term Assets $121.1M $121.1M $73.84M
Total Long-Term Assets $84.28M $84.30M $66.98M
Total Assets $205.4M $205.4M $140.8M
YoY Change 45.85% 45.88% 7.5%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $18.26M $18.30M $16.83M
YoY Change 8.5% 8.93% 14.49%
Accrued Expenses $12.13M $18.20M $12.94M
YoY Change -6.21% -11.22% -15.46%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $700.0K $700.0K $700.0K
YoY Change 0.0% 0.0% 16.67%
Total Short-Term Liabilities $47.21M $47.20M $46.17M
YoY Change 2.25% 2.16% 23.12%
LONG-TERM LIABILITIES
Long-Term Debt $3.300M $3.300M $4.000M
YoY Change -17.5% -17.5% -13.04%
Other Long-Term Liabilities $37.60M $37.60M $30.30M
YoY Change 24.09% 24.09% 13.06%
Total Long-Term Liabilities $40.88M $40.90M $34.23M
YoY Change 19.44% 19.24% 9.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $47.21M $47.20M $46.17M
Total Long-Term Liabilities $40.88M $40.90M $34.23M
Total Liabilities $88.09M $88.10M $80.40M
YoY Change 9.57% 9.58% 16.68%
SHAREHOLDERS EQUITY
Retained Earnings -$140.0K $60.25M
YoY Change -100.23%
Common Stock $20.00K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $117.3M $117.3M $60.42M
YoY Change
Total Liabilities & Shareholders Equity $205.4M $205.4M $140.8M
YoY Change 45.85% 45.88% 7.5%

Cashflow Statement

Concept 2013 Q1 2013 2012 Q1
OPERATING ACTIVITIES
Net Income $9.800M $23.89M $13.86M
YoY Change -29.27% -30.42%
Depreciation, Depletion And Amortization $4.380M $16.70M $3.870M
YoY Change 13.18% 10.6% -45.57%
Cash From Operating Activities $15.16M $41.73M $20.76M
YoY Change -26.97% -20.64% -37.55%
INVESTING ACTIVITIES
Capital Expenditures -$7.710M $33.30M -$5.970M
YoY Change 29.15% 64.65% -10.23%
Acquisitions
YoY Change
Other Investing Activities -$14.94M -$39.03M $10.00K
YoY Change -149500.0% -130200.0% -97.62%
Cash From Investing Activities -$22.65M -$72.33M -$5.970M
YoY Change 279.4% 258.14% -4.33%
FINANCING ACTIVITIES
Cash Dividend Paid $84.29M
YoY Change 134.08%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -80.00K 22.82M -5.380M
YoY Change -98.51% -162.29% -65.27%
NET CHANGE
Cash From Operating Activities 15.16M 41.73M 20.76M
Cash From Investing Activities -22.65M -72.33M -5.970M
Cash From Financing Activities -80.00K 22.82M -5.380M
Net Change In Cash -7.570M -7.777M 9.410M
YoY Change -180.45% 83.12% -18.25%
FREE CASH FLOW
Cash From Operating Activities $15.16M $41.73M $20.76M
Capital Expenditures -$7.710M $33.30M -$5.970M
Free Cash Flow $22.87M $8.432M $26.73M
YoY Change -14.44% -73.94% -32.99%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2013Q1 us-gaap Accrued Liabilities For Unredeeemed Gift Cards
AccruedLiabilitiesForUnredeeemedGiftCards
5500000
CY2010Q1 us-gaap Stockholders Equity
StockholdersEquity
59896000
CY2010Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
25705000
CY2011Q1 us-gaap Stockholders Equity
StockholdersEquity
62092000
CY2011Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
29338000
CY2012Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
5616000
CY2012Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
138768000
CY2012Q1 us-gaap Other Assets Current
OtherAssetsCurrent
267000
CY2012Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
2899000
CY2012Q1 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
200000
CY2012Q1 us-gaap Stockholders Equity
StockholdersEquity
60424000
CY2012Q1 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
34225000
CY2012Q1 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
23245000
CY2012Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2012Q1 us-gaap Construction In Progress Gross
ConstructionInProgressGross
5132000
CY2012Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
4369000
CY2012Q1 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
3969000
CY2012Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
21600000 shares
CY2012Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
7536000
CY2012Q1 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
395000
CY2012Q1 us-gaap Deferred Tax Assets Liabilities Net Current
DeferredTaxAssetsLiabilitiesNetCurrent
110000
CY2012Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
20000000 shares
CY2012Q1 us-gaap Credit And Debit Card Receivables At Carrying Value
CreditAndDebitCardReceivablesAtCarryingValue
1899000
CY2012Q1 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
4969000
CY2012Q1 us-gaap Receivables Net Current
ReceivablesNetCurrent
6605000
CY2012Q1 us-gaap Accrued Rent Current
AccruedRentCurrent
779000
CY2012Q1 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
1070000
CY2012Q1 us-gaap Liabilities
Liabilities
80395000
CY2012Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
16830000
CY2012Q1 us-gaap Capital Leased Assets Gross
CapitalLeasedAssetsGross
7840000
CY2012Q1 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
4865000
CY2012Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2012Q1 us-gaap Prepaid Insurance
PrepaidInsurance
403000
CY2012Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
60254000
CY2012Q1 us-gaap Assets
Assets
140819000
CY2012Q1 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
300000
CY2012Q1 us-gaap Inventory Net
InventoryNet
36531000
CY2012Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2012Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
140819000
CY2012Q1 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
63798000
CY2012Q1 us-gaap Prepaid Rent
PrepaidRent
4441000
CY2012Q1 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
669000
CY2012Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
25091000
CY2012Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
20000000 shares
CY2012Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
12935000
CY2012Q1 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
26139000
CY2012Q1 us-gaap Accrued Liabilities For Unredeeemed Gift Cards
AccruedLiabilitiesForUnredeeemedGiftCards
4900000
CY2012Q1 us-gaap Deferred Rent Credit Current
DeferredRentCreditCurrent
3335000
CY2012Q1 us-gaap Liabilities Current
LiabilitiesCurrent
46170000
CY2012Q1 us-gaap Long Lived Assets To Be Abandoned Carrying Value Of Asset
LongLivedAssetsToBeAbandonedCarryingValueOfAsset
554000
CY2012Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1540000 shares
CY2012Q1 us-gaap Common Stock Value
CommonStockValue
20000
CY2012Q1 us-gaap Deferred Offering Costs
DeferredOfferingCosts
1500000
CY2012Q1 us-gaap Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
30256000
CY2012Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2012Q1 us-gaap Assets Current
AssetsCurrent
73843000
CY2012Q1 us-gaap Number Of Stores
NumberOfStores
140 Store
CY2012Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2012Q1 us-gaap Construction Payable Current
ConstructionPayableCurrent
2209000
CY2012Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2012Q1 us-gaap Preferred Stock Value
PreferredStockValue
CY2012Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
74691000
CY2012Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
64077000
CY2012Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
150000
CY2012Q1 tlys Vehicles Gross
VehiclesGross
1820000
CY2012Q1 tlys Computer Hardware And Software Gross
ComputerHardwareAndSoftwareGross
10794000
CY2012Q1 tlys Share Based Compensation Arrangement By Share Based Payment Award Options Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsWeightedAverageGrantDateFairValue
11.34
CY2012Q1 tlys Accrued Sales Returns
AccruedSalesReturns
609000
CY2012Q1 tlys Tenant Allowance Receivable
TenantAllowanceReceivable
3636000
CY2013Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
10792859 shares
CY2012Q2 us-gaap Debt Instrument Basis Spread On Variable Rate
DebtInstrumentBasisSpreadOnVariableRate
0.0175 pure
CY2012Q2 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
25000000
CY2012Q3 dei Entity Public Float
EntityPublicFloat
149771974
CY2013Q1 tlys Market Value Per Unit
MarketValuePerUnit
14.55
CY2013Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
11387000
CY2013Q1 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
42812000
CY2013Q1 us-gaap Capital Leases Future Minimum Payments Due In Four Years
CapitalLeasesFutureMinimumPaymentsDueInFourYears
940000
CY2013Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
169824000
CY2013Q1 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
13581000
CY2013Q1 us-gaap Other Assets Current
OtherAssetsCurrent
500000
CY2013Q1 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
378000
CY2013Q1 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
6935000
CY2013Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
3357000
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
913750 shares
CY2013Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Deferred Rent
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsDeferredRent
4481000
CY2013Q1 us-gaap Stockholders Equity
StockholdersEquity
117296000
CY2013Q1 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
38170000
CY2013Q1 us-gaap Deferred Rent Credit Current
DeferredRentCreditCurrent
4555000
CY2013Q1 us-gaap Liabilities Current
LiabilitiesCurrent
47207000
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2133625 shares
CY2013Q1 us-gaap Deferred Offering Costs
DeferredOfferingCosts
0
CY2013Q1 us-gaap Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
37620000
CY2013Q1 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
40878000
CY2013Q1 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
25073000
CY2013Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2013Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
5800000
CY2013Q1 us-gaap Construction In Progress Gross
ConstructionInProgressGross
5938000
CY2013Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
5345000
CY2013Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
4721000
CY2013Q1 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
3258000
CY2013Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
1553000
CY2013Q1 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
545000
CY2013Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
0 shares
CY2013Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
6094000
CY2013Q1 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
576000
CY2013Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2013Q1 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
6646000
CY2013Q1 us-gaap Deferred Tax Assets Liabilities Net Current
DeferredTaxAssetsLiabilitiesNetCurrent
4533000
CY2013Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
0 shares
CY2013Q1 us-gaap Credit And Debit Card Receivables At Carrying Value
CreditAndDebitCardReceivablesAtCarryingValue
2116000
CY2013Q1 us-gaap Line Of Credit Facility Amount Outstanding
LineOfCreditFacilityAmountOutstanding
0
CY2013Q1 us-gaap Capital Leases Future Minimum Payments Present Value Of Net Minimum Payments
CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPayments
3910000
CY2013Q1 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
40381000
CY2013Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
3616000
CY2013Q1 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
2200000
CY2013Q1 us-gaap Capital Leases Future Minimum Payments Due In Five Years
CapitalLeasesFutureMinimumPaymentsDueInFiveYears
860000
CY2013Q1 us-gaap Assets Current
AssetsCurrent
121098000
CY2013Q1 us-gaap Number Of Stores
NumberOfStores
168 Store
CY2013Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2013Q1 us-gaap Construction Payable Current
ConstructionPayableCurrent
2875000
CY2013Q1 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
39190000
CY2013Q1 us-gaap Receivables Net Current
ReceivablesNetCurrent
5934000
CY2013Q1 us-gaap Accrued Rent Current
AccruedRentCurrent
853000
CY2013Q1 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
39868000
CY2013Q1 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
479000
CY2013Q1 us-gaap Liabilities
Liabilities
88085000
CY2013Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
18261000
CY2013Q1 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
34835000
CY2013Q1 us-gaap Capital Leases Future Minimum Payments Due In Two Years
CapitalLeasesFutureMinimumPaymentsDueInTwoYears
860000
CY2013Q1 us-gaap Capital Leased Assets Gross
CapitalLeasedAssetsGross
7840000
CY2013Q1 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
5453000
CY2013Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2013Q1 us-gaap Prepaid Insurance
PrepaidInsurance
367000
CY2013Q1 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
712000
CY2013Q1 us-gaap Capital Leases Future Minimum Payments Due
CapitalLeasesFutureMinimumPaymentsDue
4540000
CY2013Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-140000
CY2013Q1 us-gaap Assets
Assets
205381000
CY2013Q1 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
500000
CY2013Q1 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
156000
CY2013Q1 us-gaap Capital Leases Future Minimum Payments Due In Three Years
CapitalLeasesFutureMinimumPaymentsDueInThreeYears
940000
CY2013Q1 us-gaap Inventory Net
InventoryNet
46595000
CY2013Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2013Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
602000
CY2013Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
205381000
CY2013Q1 us-gaap Capital Leases Future Minimum Payments Due Current
CapitalLeasesFutureMinimumPaymentsDueCurrent
940000
CY2013Q1 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
84242000
CY2013Q1 us-gaap Prepaid Rent
PrepaidRent
5411000
CY2013Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
17314000
CY2013Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
0 shares
CY2013Q1 us-gaap Capital Leases Future Minimum Payments Interest Included In Payments
CapitalLeasesFutureMinimumPaymentsInterestIncludedInPayments
630000
CY2013Q1 us-gaap Capital Leases Future Minimum Payments Due Thereafter
CapitalLeasesFutureMinimumPaymentsDueThereafter
CY2013Q1 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
109436000
CY2013Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
17000
CY2013Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
12132000
CY2013Q1 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
31104000
CY2013Q1 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
6256000
CY2013Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2013Q1 us-gaap Preferred Stock Value
PreferredStockValue
CY2013Q1 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
2223000
CY2013Q1 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
304824000
CY2013Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
88898000
CY2013Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
80926000
CY2013Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
117391000
CY2013Q1 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
12000
CY2013Q1 tlys Deferred Tax Assets Capital Lease
DeferredTaxAssetsCapitalLease
561000
CY2013Q1 tlys Vehicles Gross
VehiclesGross
1205000
CY2013Q1 tlys Computer Hardware And Software Gross
ComputerHardwareAndSoftwareGross
14422000
CY2013Q1 tlys Share Based Compensation Arrangement By Share Based Payment Award Options Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsWeightedAverageGrantDateFairValue
12.83
CY2013Q1 tlys Capital Leases Obligations
CapitalLeasesObligations
3198000
CY2013Q1 tlys Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageGrantDateFairValue
9.64
CY2013Q1 tlys Accrued Sales Returns
AccruedSalesReturns
703000
CY2013Q1 tlys Tenant Allowance Receivable
TenantAllowanceReceivable
3339000
CY2012Q2 us-gaap Debt Instrument Maturity Date
DebtInstrumentMaturityDate
2014-05-03
CY2012Q2 us-gaap Debt Instrument Covenant Description
DebtInstrumentCovenantDescription
The Company is required to maintain certain financial and nonfinancial covenants in accordance with the revolving credit facility. The financial covenants contain requirements for certain levels of liquidity and profitability, such as: (i) a minimum current asset to current liability ratio of 1.25 to 1.00, (ii) a net profit before tax of at least $1, determined as of the end of each fiscal quarter on a cumulative rolling four-quarter basis, excluding a non-cash expense of up to a maximum of $2.0 million for the write-off of impaired fixed assets for that period and (iii) a maximum ratio of 4.00 to 1.00 for “funded debt” to “EBITDAR”, where “funded debt” includes credit facility borrowings, capital lease debt and eight times annual operating lease rent expense, and “EBITDAR” includes net income before interest, income taxes, depreciation, amortization and rent expense.
CY2012Q2 us-gaap Debt Instrument Interest Rate Terms
DebtInstrumentInterestRateTerms
Interest charged on borrowings is either at the London Interbank Offered Rate ("LIBOR") plus 1.75%, or at the bank's prime rate. The Company has the ability to select between the prime or LIBOR-based rate at the time of a cash advance.
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.022 pure
CY2012 us-gaap Operating Income Loss
OperatingIncomeLoss
34925000
CY2012 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
2113000
CY2012 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
34340000
CY2012 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
2209000
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00 pure
CY2012 us-gaap Asset Impairment Charges
AssetImpairmentCharges
554000
CY2012 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
15100000
CY2012 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.68
CY2012 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
28000
CY2012 us-gaap Depreciation And Amortization
DepreciationAndAmortization
15129000
CY2012 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y
CY2012 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
52584000
CY2012 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-20195000
CY2012 us-gaap Income Taxes Paid
IncomeTaxesPaid
493000
CY2012 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
740000
CY2012 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
20223000
CY2012 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-4247000
CY2012 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
3362000
CY2012 us-gaap Revenue Recognition Gift Cards Breakage
RevenueRecognitionGiftCardsBreakage
500000
CY2012 us-gaap Inventory Write Down
InventoryWriteDown
23200000
CY2012 us-gaap Advertising Expense
AdvertisingExpense
6600000
CY2012 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2868000
CY2012 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
20500000 shares
CY2012 us-gaap Sales Revenue Net
SalesRevenueNet
400624000
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
34729000
CY2012 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.72
CY2012 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-36636000
CY2012 us-gaap Operating Leases Rent Expense Contingent Rentals
OperatingLeasesRentExpenseContingentRentals
50000
CY2012 us-gaap Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
5100000
CY2012 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
3028000
CY2012 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
400000
CY2012 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
30711000
CY2012 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
500000 shares
CY2012 us-gaap Cost Of Goods Sold
CostOfGoodsSold
271482000
CY2012 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
21800000
CY2012 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-232000
CY2012 us-gaap Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
30661000
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.597 pure
CY2012 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20000000 shares
CY2012 us-gaap Dividends
Dividends
36008000
CY2012 us-gaap Gross Profit
GrossProfit
129142000
CY2012 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
628000
CY2012 us-gaap Interest Paid
InterestPaid
327000
CY2012 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
576000 shares
CY2012 us-gaap Net Income Loss
NetIncomeLoss
34340000
CY2012 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
94217000
CY2012 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
2304000
CY2012 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
389000
CY2012 us-gaap Interest Expense
InterestExpense
196000
CY2012 tlys Increase Decrease In Deferred Rent
IncreaseDecreaseInDeferredRent
4159000
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.010 pure
CY2011 us-gaap Operating Income Loss
OperatingIncomeLoss
24947000
CY2011 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
4059000
CY2012 us-gaap Payments Of Dividends
PaymentsOfDividends
36008000
CY2012 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
155000
CY2011 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
24416000
CY2011 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
596000
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00 pure
CY2011 us-gaap Asset Impairment Charges
AssetImpairmentCharges
1985000
CY2011 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
14300000
CY2011 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.21
CY2011 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
41000
CY2011 us-gaap Depreciation And Amortization
DepreciationAndAmortization
14292000
CY2011 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y
CY2011 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
41702000
CY2011 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-15258000
CY2011 us-gaap Income Taxes Paid
IncomeTaxesPaid
516000
CY2011 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
486000
CY2011 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
15674000
CY2011 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
3633000
CY2011 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
958000
CY2011 us-gaap Revenue Recognition Gift Cards Breakage
RevenueRecognitionGiftCardsBreakage
400000
CY2011 us-gaap Inventory Write Down
InventoryWriteDown
22800000
CY2011 us-gaap Advertising Expense
AdvertisingExpense
4500000
CY2011 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1356000
CY2011 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
20098000 shares
CY2011 us-gaap Sales Revenue Net
SalesRevenueNet
332604000
CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
24698000
CY2011 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.22
CY2011 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-22811000
CY2011 us-gaap Operating Leases Rent Expense Contingent Rentals
OperatingLeasesRentExpenseContingentRentals
15000
CY2011 us-gaap Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
26312000
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.610 pure
CY2011 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20000000 shares
CY2011 us-gaap Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
3400000
CY2011 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
375000
CY2011 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
9621000
CY2011 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
300000
CY2011 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
26327000
CY2011 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
98000 shares
CY2011 us-gaap Cost Of Goods Sold
CostOfGoodsSold
229989000
CY2011 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
15700000
CY2011 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-224000
CY2011 us-gaap Dividends
Dividends
22220000
CY2011 us-gaap Gross Profit
GrossProfit
102615000
CY2011 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
591000
CY2011 us-gaap Interest Paid
InterestPaid
363000
CY2011 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
22000 shares
CY2011 us-gaap Net Income Loss
NetIncomeLoss
24416000
CY2011 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
77668000
CY2011 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
2153000
CY2011 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
282000
CY2011 us-gaap Payments Of Dividends
PaymentsOfDividends
22220000
CY2011 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
5327000
CY2011 us-gaap Interest Expense
InterestExpense
249000
CY2011 tlys Increase Decrease In Deferred Rent
IncreaseDecreaseInDeferredRent
3085000
CY2013 dei Trading Symbol
TradingSymbol
TLYS
CY2013 dei Entity Registrant Name
EntityRegistrantName
TILLY'S, INC.
CY2013 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2013 dei Amendment Flag
AmendmentFlag
false
CY2013 dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
CY2013 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2013 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2013 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2012
CY2013 dei Document Type
DocumentType
10-K
CY2013 dei Document Period End Date
DocumentPeriodEndDate
2013-02-02
CY2013 dei Entity Central Index Key
EntityCentralIndexKey
0001524025
CY2013 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2013 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--02-02
CY2013 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1299000
CY2013 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
-0.067 pure
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
5365000
CY2013 us-gaap Operating Income Loss
OperatingIncomeLoss
31390000
CY2013 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1431000
CY2013 us-gaap Debt Instrument Covenant Compliance
DebtInstrumentCovenantCompliance
The Company was in compliance with all of its covenants and had no outstanding borrowings under the line of credit.
CY2013 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
12000
CY2013 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y6M
CY2013 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
9570000
CY2013 us-gaap Gain Loss On Investments
GainLossOnInvestments
-28000
CY2013 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
23910000
CY2013 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
2875000
CY2013 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
14107000
CY2013 us-gaap Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
74000
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00 pure
CY2013 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
10955000
CY2013 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
16700000
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.006 pure
CY2013 us-gaap Share Based Compensation
ShareBasedCompensation
9570000
CY2013 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.007 pure
CY2013 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.92
CY2013 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
17000
CY2013 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-4257000
CY2013 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
92125 shares
CY2013 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
2094000
CY2013 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div> <p style="margin-top:18px;margin-bottom:0px"><font style="font-family:Times New Roman" size="2"><b><i>Concentration of Credit Risk</i></b></font></p> <p style="margin-top:6px;margin-bottom:0px; text-indent:4%"> <font style="font-family:Times New Roman" size="2">Financial instruments that potentially subject the Company to credit risk consist principally of cash and cash equivalents. At February&#xA0;2, 2013, and at various times throughout the year, the Company had cash in financial institutions in excess of the $250,000 amount insured by the Federal Deposit Insurance Corporation. The Company typically invests its cash in highly rated, short-term commercial paper or in interest-bearing money market funds.</font></p> </div>
CY2013 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
11311000
CY2013 us-gaap Depreciation And Amortization
DepreciationAndAmortization
16679000
CY2013 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.237 pure
CY2013 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y
CY2013 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
890000
CY2013 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
41730000
CY2013 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-72326000
CY2013 us-gaap Income Taxes Paid
IncomeTaxesPaid
13727000
CY2013 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-2444000
CY2013 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
588000
CY2013 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.042 pure
CY2013 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
106789000
CY2013 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
33298000
CY2013 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-7777000
CY2013 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-1442000
CY2013 us-gaap Revenue Recognition Gift Cards Breakage
RevenueRecognitionGiftCardsBreakage
400000
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.576 pure
CY2013 us-gaap Inventory Write Down
InventoryWriteDown
32200000
CY2013 us-gaap Advertising Expense
AdvertisingExpense
8400000
CY2013 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
12930000
CY2013 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
106789000
CY2013 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y8M12D
CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
26076000 shares
CY2013 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
890000
CY2013 us-gaap Sales Revenue Net
SalesRevenueNet
467291000
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
31299000
CY2013 us-gaap Income Tax Expense Benefit Continuing Operations
IncomeTaxExpenseBenefitContinuingOperations
7406000
CY2013 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
17000
CY2013 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.93
CY2013 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
22819000
CY2013 us-gaap Operating Leases Rent Expense Contingent Rentals
OperatingLeasesRentExpenseContingentRentals
19000
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
44750 shares
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.629 pure
CY2013 us-gaap Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
37324000
CY2013 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
95000
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
25656000 shares
CY2013 us-gaap Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
5600000
CY2013 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
822000
CY2013 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
9927000
CY2013 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
2796000
CY2013 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
37343000
CY2013 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
420000 shares
CY2013 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350 pure
CY2013 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y3M18D
CY2013 us-gaap Cost Of Goods Sold
CostOfGoodsSold
317096000
CY2013 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
34000000
CY2013 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
75377000
CY2013 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-111000
CY2013 us-gaap Dividends
Dividends
84287000
CY2013 us-gaap Gross Profit
GrossProfit
150195000
CY2013 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
668000
CY2013 us-gaap Interest Paid
InterestPaid
299000
CY2013 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-6689000
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.008 pure
CY2013 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1263500 shares
CY2013 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
35510000
CY2013 us-gaap Net Income Loss
NetIncomeLoss
23893000
CY2013 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
95000
CY2013 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
208000
CY2013 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
118805000
CY2013 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-21000
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
730500 shares
CY2013 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7406000
CY2013 us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="margin-top:0px;margin-bottom:0px"><font style="font-family:Times New Roman" size="2"><b><i>Use of Estimates</i></b></font></p> <p style="margin-top:6px;margin-bottom:0px; text-indent:4%"> <font style="font-family:Times New Roman" size="2">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions. These estimates and assumptions affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of net sales and expenses during the reporting period. Actual results could differ from those estimates. On an ongoing basis, management reviews its estimates based on currently available information. Changes in facts and circumstances may result in revised estimates.</font></p> </div>
CY2013 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
17000
CY2013 us-gaap Payments Of Dividends
PaymentsOfDividends
84287000
CY2013 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-1470000
CY2013 us-gaap Interest Expense
InterestExpense
91000
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
15.60
CY2013 tlys Increase Decrease In Deferred Rent
IncreaseDecreaseInDeferredRent
8584000
CY2013 tlys Total Deferred Income Tax Expense Benefit
TotalDeferredIncomeTaxExpenseBenefit
-6701000
CY2013 tlys Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageGrantDateFairValue
15.05
CY2013 tlys Share Based Compensation Arrangement By Share Based Payment Award Options Exercised In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisedInPeriodWeightedAverageGrantDateFairValue
8.85
CY2013 tlys Income Tax Reconciliation Change In Tax Status
IncomeTaxReconciliationChangeInTaxStatus
2962000
CY2013 tlys Effective Income Tax Rate Reconciliation Change In Tax Status
EffectiveIncomeTaxRateReconciliationChangeInTaxStatus
-0.095 pure
CY2012Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
14055000
CY2012Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.67
CY2012Q1 us-gaap Sales Revenue Net
SalesRevenueNet
122929000
CY2012Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.69
CY2012Q1 us-gaap Gross Profit
GrossProfit
41357000
CY2012Q1 us-gaap Net Income Loss
NetIncomeLoss
13856000
CY2011Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
4965000
CY2011Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.24
CY2011Q2 us-gaap Sales Revenue Net
SalesRevenueNet
83131000
CY2011Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.24
CY2011Q2 us-gaap Gross Profit
GrossProfit
26209000
CY2011Q2 us-gaap Net Income Loss
NetIncomeLoss
4860000
CY2012Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
6026000
CY2012Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.29
CY2012Q2 us-gaap Sales Revenue Net
SalesRevenueNet
96524000
CY2012Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.30
CY2012Q2 us-gaap Gross Profit
GrossProfit
30418000
CY2012Q2 us-gaap Net Income Loss
NetIncomeLoss
5914000
CY2011Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
3561000
CY2011Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.17
CY2011Q3 us-gaap Sales Revenue Net
SalesRevenueNet
87260000
CY2011Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.17
CY2011Q3 us-gaap Gross Profit
GrossProfit
25718000
CY2011Q3 us-gaap Net Income Loss
NetIncomeLoss
3469000
CY2012Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-3318000
CY2012Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.04
CY2012Q3 us-gaap Sales Revenue Net
SalesRevenueNet
105101000
CY2012Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.04
CY2012Q3 us-gaap Gross Profit
GrossProfit
31144000
CY2012Q3 us-gaap Net Income Loss
NetIncomeLoss
-1156000
CY2011Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
12344000
CY2011Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.59
CY2011Q4 us-gaap Sales Revenue Net
SalesRevenueNet
107304000
CY2011Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.61
CY2011Q4 us-gaap Gross Profit
GrossProfit
35858000
CY2011Q4 us-gaap Net Income Loss
NetIncomeLoss
12155000
CY2012Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
13868000
CY2012Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.33
CY2012Q4 us-gaap Sales Revenue Net
SalesRevenueNet
124895000
CY2012Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.34
CY2012Q4 us-gaap Gross Profit
GrossProfit
41808000
CY2012Q4 us-gaap Net Income Loss
NetIncomeLoss
9294000
us-gaap Operating Income Loss
OperatingIncomeLoss
14814000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.35
us-gaap Sales Revenue Net
SalesRevenueNet
140771000
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.36
us-gaap Gross Profit
GrossProfit
46825000
us-gaap Net Income Loss
NetIncomeLoss
9841000

Files In Submission

Name View Source Status
0001193125-13-139904-index-headers.html Edgar Link pending
0001193125-13-139904-index.html Edgar Link pending
0001193125-13-139904.txt Edgar Link pending
0001193125-13-139904-xbrl.zip Edgar Link pending
d473014d10k.htm Edgar Link pending
d473014dex10121.htm Edgar Link pending
d473014dex211.htm Edgar Link pending
d473014dex231.htm Edgar Link pending
d473014dex311.htm Edgar Link pending
d473014dex312.htm Edgar Link pending
d473014dex321.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
g473014g11t85.jpg Edgar Link pending
g473014g48f75.jpg Edgar Link pending
g473014g49g33.jpg Edgar Link pending
g473014g68z39.jpg Edgar Link pending
g473014g95f43.jpg Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
tlys-20130202.xml Edgar Link completed
tlys-20130202.xsd Edgar Link pending
tlys-20130202_cal.xml Edgar Link unprocessable
tlys-20130202_def.xml Edgar Link unprocessable
tlys-20130202_lab.xml Edgar Link unprocessable
tlys-20130202_pre.xml Edgar Link unprocessable