View Filing Data

Print Document View Excel Document

Document and Entity Information - USD ($)	12 Months Ended
Document and Entity Information - USD ($)	Feb. 01, 2020	Mar. 24, 2020	Aug. 03, 2019
Document Document And Entity Information [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Feb. 01, 2020
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	FY
Entity Registrant Name	Vera Bradley, Inc.
Entity Central Index Key	0001495320
Current Fiscal Year End Date	--02-01
Entity Well-known Seasoned Issuer	No
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Accelerated Filer
Entity Emerging Growth Company	false
Entity Smaller Reporting Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		33,121,414
Entity Public Float			$ 257,136,524

Consolidated Balance Sheets - USD ($)	Feb. 01, 2020	Feb. 02, 2019
Current assets:
Cash and cash equivalents	$ 49,917,000	$ 113,493,000
Short-term investments	8,977,000	19,381,000
Accounts receivable, net	24,290,000	15,604,000
Inventories	123,606,000	91,581,000
Income taxes receivable	1,043,000	809,000
Prepaid expenses and other current assets	10,956,000	11,600,000
Total current assets	218,789,000	252,468,000
Operating right-of-use assets	114,790,000
Property, plant, and equipment, net	73,027,000	77,951,000
Intangible assets, net	56,305,000	0
Goodwill	44,254,000	0
Long-term investments	14,912,000	23,735,000
Deferred income taxes	7,656,000	6,724,000
Other assets	5,328,000	1,270,000
Total assets	535,061,000	362,148,000
Current liabilities:
Accounts payable	20,235,000	14,595,000
Accrued employment costs	11,412,000	13,316,000
Short-term operating lease liabilities	21,347,000
Earn-out liability	18,448,000	0
Other accrued liabilities	13,850,000	13,482,000
Income taxes payable	2,113,000	2,163,000
Total current liabilities	87,405,000	43,556,000
Long-term operating lease liabilities	113,775,000
Other long-term liabilities	62,000	23,889,000
Total liabilities	201,242,000	67,445,000
Commitments and contingencies
Redeemable noncontrolling interest	30,049,000	0
Shareholders’ equity:
Preferred stock; 5,000 shares authorized, no shares issued or outstanding	0	0
Common stock, without par value; 200,000 shares authorized, 41,515 and 41,283 shares issued and 33,503 and 34,347 outstanding, respectively	0	0
Additional paid-in capital	100,357,000	95,572,000
Retained earnings	307,414,000	291,994,000
Accumulated other comprehensive income (loss)	158,000	(24,000)
Treasury stock	(104,159,000)	(92,839,000)
Total shareholders’ equity of Vera Bradley, Inc.	303,770,000	294,703,000
Total liabilities, redeemable noncontrolling interest, and shareholders’ equity	$ 535,061,000	$ 362,148,000

Consolidated Balance Sheets (Parenthetical) - $ / shares	Feb. 01, 2020	Feb. 02, 2019
Statement of Financial Position [Abstract]
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, without par value
Common stock, shares authorized	200,000,000	200,000,000
Common stock, shares issued	41,515,000	41,283,000
Common stock, shares outstanding	33,503,000	34,347,000

Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Income Statement [Abstract]
Net revenues	$ 495,212	$ 416,097	$ 454,648
Cost of sales	223,411	177,510	200,639
Gross profit	271,801	238,587	254,009
Selling, general, and administrative expenses	253,425	211,984	239,810
Other income	1,098	498	782
Operating income	19,474	27,101	14,981
Interest income, net	(1,085)	(1,125)	(413)
Income before income taxes	20,559	28,226	15,394
Income tax expense	5,315	7,469	8,378
Net income	15,244	20,757	7,016
Less: Net loss attributable to redeemable noncontrolling interest	(803)	0	0
Net income attributable to Vera Bradley, Inc.	$ 16,047	$ 20,757	$ 7,016
Basic weighted-average shares outstanding	33,983	35,222	35,925
Diluted weighted-average shares outstanding	34,288	35,467	36,026
Net income (loss) per share - basic
Net income per share, basic (in dollars per share)	$ 0.47	$ 0.59	$ 0.20
Net income (loss) per share - diluted
Net income per share, diluted (in dollars per share)	$ 0.47	$ 0.59	$ 0.19

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Statement of Comprehensive Income [Abstract]
Net (loss) income	$ 15,244	$ 20,757	$ 7,016
Unrealized gain (loss) on available for sale debt investments	131	96	(51)
Cumulative translation adjustment	51	(6)	(13)
Comprehensive income, net of tax	15,426	20,847	6,952
Less: Comprehensive loss attributable to redeemable noncontrolling interest	(803)	0	0
Comprehensive income attributable to Vera Bradley, Inc.	$ 16,229	$ 20,847	$ 6,952

- Definition

The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1A
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=118930883&loc=SL7669619-108580

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 50
-Paragraph 1A
-Subparagraph (a)(1)
-URI http://asc.fasb.org/extlink&oid=109239629&loc=SL4573702-111684

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1B
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=118930883&loc=SL7669625-108580

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 50
-Paragraph 1A
-Subparagraph (c)(1)
-URI http://asc.fasb.org/extlink&oid=109239629&loc=SL4573702-111684

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599

Reference 6: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 55
-Paragraph 4J
-URI http://asc.fasb.org/extlink&oid=116874947&loc=SL4591551-111686

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=118932676&loc=d3e3000-108585

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 45
-Paragraph 19
-URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4569616-111683

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8933-108599

Reference 10: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 55
-Paragraph 4K
-URI http://asc.fasb.org/extlink&oid=116874947&loc=SL4591552-111686

+ Details

Consolidated Statements of Shareholders' Equity - USD ($) $ in Thousands	Total	Common Stock [Member]	Treasury Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings (Accumulated Deficit) [Member]	Accumulated Other Comprehensive Income [Member]
Common stock (shares) outstanding, balance at the beginning of the period at Jan. 28, 2017		36,218,071
Treasury stock (shares), balance at the beginning of the period at Jan. 28, 2017			4,708,454
Balance at the beginning of the period at Jan. 28, 2017	$ 283,786		$ (68,670)	$ 88,739	$ 263,767	$ (50)
Net income attributable to Vera Bradley, Inc.	7,016				7,016
Translation adjustments	(13)					(13)
Restricted shares vested, net of repurchase for taxes, shares		174,985
Restricted shares vested, net of repurchase for taxes	(618)			(618)
Stock-based compensation	$ 3,071			3,071
Treasury stock purchased, shares	934,031	(934,031)	934,031
Treasury stock purchased	$ (7,908)		$ (7,908)
Unrealized gain (loss) on available for sale debt investments	(51)					(51)
Common stock (shares) outstanding, balance at the end of the period at Feb. 03, 2018		35,459,025
Treasury stock (shares), balance at the end of the period at Feb. 03, 2018			5,642,485
Balance at the end of the period at Feb. 03, 2018	285,283		$ (76,578)	91,192	270,783	(114)
Net income attributable to Vera Bradley, Inc.	20,757				20,757
Translation adjustments	(6)					(6)
Restricted shares vested, net of repurchase for taxes, shares		181,533
Restricted shares vested, net of repurchase for taxes	(547)			(547)
Stock-based compensation	$ 4,927			4,927
Treasury stock purchased, shares	1,293,138	(1,293,138)	1,293,138
Treasury stock purchased	$ (16,261)		$ (16,261)
Unrealized gain (loss) on available for sale debt investments	$ 96					96
Common stock (shares) outstanding, balance at the end of the period at Feb. 02, 2019	34,347,000	34,347,420
Treasury stock (shares), balance at the end of the period at Feb. 02, 2019			6,935,623
Balance at the end of the period at Feb. 02, 2019	$ 294,703		$ (92,839)	95,572	291,994	(24)
Net income attributable to Vera Bradley, Inc.	16,047				16,047
Translation adjustments	51					51
Restricted shares vested, net of repurchase for taxes, shares		231,578
Restricted shares vested, net of repurchase for taxes	(1,155)			(1,155)
Stock-based compensation	5,940			5,940
Treasury stock purchased, shares		(1,075,749)	1,075,749
Treasury stock purchased	(11,320)		$ (11,320)
Unrealized gain (loss) on available for sale debt investments	131					131
Redeemable noncontrolling interest redemption value adjustment	$ (431)				(431)
Common stock (shares) outstanding, balance at the end of the period at Feb. 01, 2020	33,503,000	33,503,249
Treasury stock (shares), balance at the end of the period at Feb. 01, 2020	8,011,372		8,011,372
Balance at the end of the period at Feb. 01, 2020	$ 303,770		$ (104,159)	$ 100,357	$ 307,414	$ 158

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Cash flows from operating activities
Net income	$ 15,244	$ 20,757	$ 7,016
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation of property, plant, and equipment	18,447	16,540	19,570
Impairment charges	0	0	6,298
Amortization of operating right-of-use assets	21,969
Amortization of intangible assets	5,359	0	0
Provision for doubtful accounts	160	184	425
Stock-based compensation	5,940	4,927	3,071
Deferred income taxes	(864)	(1,497)	8,154
Cash gain on investments	(188)	32	162
Adjustment of earn-out liability	(1,650)	0	0
Amortization of step-up in inventory basis	8,274	0	0
Other non-cash charges, net	202	512	103
Changes in assets and liabilities:
Accounts receivable	(1,013)	438	7,322
Inventories	(12,645)	(3,994)	14,445
Prepaid expenses and other assets	(4,477)	(100)	566
Accounts payable	(615)	738	(18,214)
Income taxes	(284)	4,933	(870)
Operating lease liabilities, net	(25,302)
Accrued and other liabilities	(7,933)	94	(5,406)
Net cash provided by operating activities	20,624	43,564	42,642
Cash flows from investing activities
Purchases of property, plant, and equipment	(13,317)	(8,148)	(11,822)
Purchases of investments	(18,950)	(59,461)	(85,530)
Proceeds from maturities and sales of investments	38,333	85,559	45,716
Cash paid for business acquisition, net of cash acquired	(76,032)	0	0
Proceeds from disposal of property, plant, and equipment	0	5	32
Net cash (used in) provided by investing activities	(69,966)	17,955	(51,604)
Cash flows from financing activities
Tax withholdings for equity compensation	(1,155)	(547)	(618)
Repurchase of common stock	(11,341)	(16,064)	(7,908)
Distributions to redeemable noncontrolling interest	(1,789)	0	0
Payments of debt-issuance costs	0	(160)	(123)
Net cash used in financing activities	(14,285)	(16,771)	(8,649)
Effect of exchange rate changes on cash and cash equivalents	51	(6)	(13)
Net (decrease) increase in cash and cash equivalents	(63,576)	44,742	(17,624)
Cash and cash equivalents, beginning of period	113,493	68,751	86,375
Cash and cash equivalents, end of period	49,917	113,493	68,751
Supplemental disclosure of cash-flow information
Cash paid for income taxes, net	6,490	4,035	1,942
Cash paid for interest	119	169	$ 187
Supplemental disclosure of non-cash activity
Contingent consideration related to business acquisition	18,448	$ 0
Pura Vida
Cash flows from investing activities
Cash paid for business acquisition, net of cash acquired	(76,000)
Supplemental disclosure of non-cash activity
Contingent consideration related to business acquisition	$ 18,400

Description of the Company

12 Months Ended

Feb. 01, 2020

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Description of the Company

The term “Company” refers to Vera Bradley, Inc. and its wholly and majority owned subsidiaries, except where the context requires otherwise or where otherwise indicated.

Vera Bradley is a leading designer of women’s handbags, luggage and travel items, fashion and home accessories, and unique gifts. Founded in 1982 by friends Barbara Bradley Baekgaard and Patricia R. Miller, the brand’s innovative designs, iconic patterns, and brilliant colors continue to inspire and connect women. Vera Bradley offers a unique, multi-channel sales model, as well as a focus on service and a high level of customer engagement.

In July 2019, Vera Bradley, Inc. acquired a 75% interest in Creative Genius, Inc., which also operates under the name Pura Vida Bracelets (“Pura Vida”). Pura Vida, based in La Jolla, California, is a digitally native lifestyle brand that we believe deeply resonates with its loyal consumer following. The Pura Vida brand has a differentiated and expanding offering of bracelets, jewelry, and other lifestyle accessories.

Beginning in the second quarter of fiscal 2020, the Company has included an additional segment for Pura Vida due to its acquisition. As a result, the Company now has three reportable segments: Vera Bradley Direct (“VB Direct”), Vera Bradley Indirect (“VB Indirect”), and Pura Vida.


•	The VB Direct business consists of sales of Vera Bradley products through Vera Bradley full-line and factory outlet stores in the United States; verabradley.com; the Vera Bradley online outlet site; and the Vera Bradley annual outlet sale in Fort Wayne, Indiana. As of February 1, 2020, the Company operated 88 full-line stores and 63 factory outlet stores.


•	The VB Indirect business consists of sales of Vera Bradley products to approximately 2,200 specialty retail locations, substantially all of which are located in the United States, as well as department stores, national accounts, third-party e-commerce sites, third-party inventory liquidators, and royalties recognized through licensing agreements related to the Vera Bradley brand.


•	The Pura Vida segment represents revenues generated through the Pura Vida websites, www.puravidabracelets.com and www.puravidabracelets.eu, and through the distribution of Pura Vida-branded products to wholesale retailers, substantially all of which are located in the United States.

Principles of Consolidation

The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries, and its majority owned subsidiary, Pura Vida beginning on July 17, 2019. The Company has eliminated intercompany balances and transactions in consolidation.

Fiscal Periods

The Company utilizes a 52-53 week fiscal year ended on the Saturday closest to January 31. As such, fiscal years 2020 and 2019, ending on February 1, 2020 and February 2, 2019, respectively, each reflected a 52-week period. Fiscal year 2018 ending on February 3, 2018 reflected a 53-week period.

Summary of Significant Accounting Policies

12 Months Ended

Feb. 01, 2020

Accounting Policies [Abstract]

Summary of Significant Accounting Policies

Use of Significant Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of the Company’s assets, liabilities, revenues, and expenses, as well as the disclosures relating to contingent assets and liabilities at the date of the consolidated financial statements. Significant areas requiring the use of management estimates include the valuation of inventories, valuation of long-lived assets, including operating right-of-use assets, valuation of goodwill and indefinite-lived intangible assets, accounts receivable valuation allowances, sales return allowances, and the useful lives of assets for depreciation or amortization. Actual results could differ from these estimates. The Company revises its estimates and assumptions as new information becomes available.

Cash and Cash Equivalents

Cash and cash equivalents represent cash on hand, deposits with financial institutions, and investments with an original maturity of three months or less.

Investments

Short-term investments consist of investments with a maturity within one year of the balance sheet date. As of February 1, 2020, these investments consisted of U.S. and non-U.S. corporate debt securities, commercial paper, municipal securities, and U.S. asset-backed securities. As of February 2, 2019, these investments consisted of U.S. and non-U.S. corporate debt securities, municipal securities, U.S. Treasury securities, and commercial paper. Long-term investments consist of investments with a maturity of greater than one year from the balance sheet date. As of February 1, 2020, these investments consisted of U.S. and non-U.S. corporate debt securities, U.S. and non-U.S. asset-backed securities, and other foreign securities. As of February 2, 2019, these investments consisted of U.S. and non-U.S. corporate debt securities, U.S. and non-U.S. asset-backed securities, and municipal securities. The Company’s objective with respect to these investments is to earn a higher rate of return, relative to deposit accounts, on funds that are otherwise not anticipated to be required to meet liquidity needs in the near-term while maintaining a low level of investment risk. These debt securities are classified as available-for-sale; therefore, unrealized gains and losses are recorded within other comprehensive income. Interest income earned is recorded within interest income, net, in the Company's Consolidated Statements of Operations.

Refer to Note 15 herein for additional information regarding the Company's investments.

Inventories

Inventories are stated at the lower of cost or net realizable value. Cost is determined using the first-in, first-out (“FIFO”) method. Appropriate consideration is given to obsolescence, excess quantities, and other factors, including the popularity of a pattern or product, in evaluating net realizable value.

The components of inventories were as follows:



	February 1, 2020		February 2, 2019
Raw materials⁽¹⁾	$	1,056	$	—
Finished goods	122,550		91,581
Total inventories	$	123,606	$	91,581
(1) Relates solely to Pura Vida operations.

Property, Plant, and Equipment

Property, plant, and equipment are carried at cost and depreciated or amortized over the following estimated useful lives using the straight-line method:



	Buildings and building improvements ..............................................	39.5 years
	Land improvements ...........................................................................	5 – 15 years
	Furniture and fixtures, and leasehold improvements ........................	3 – 10 years
	Equipment .........................................................................................	7 years
	Vehicles .............................................................................................	5 years
	Computer equipment and software ...................................................	3 – 5 years

The Company recognizes depreciation and amortization expense within cost of sales for expenditures related to distribution center, sourcing, and other related functions and selling, general, and administrative expenses for all other expenditures. Leasehold improvements are amortized over the shorter of the life of the asset or the lease term. Lease terms typically range from three to ten years.

When a decision is made to abandon property, plant, and equipment prior to the end of the previously estimated useful life, depreciation or amortization estimates are revised to reflect the use of the asset over the shortened estimated useful life. At the time of disposal, the cost of assets sold or retired and the related accumulated depreciation or amortization are removed from the accounts and any resulting loss is included in the Consolidated Statements of Operations.

Routine maintenance and repair costs are expensed as incurred.

The Company capitalizes certain costs incurred in connection with acquiring, modifying, and installing internal-use software. Capitalized costs are included in property, plant, and equipment and are amortized over three to five years. Software costs that do not meet capitalization criteria are expensed as incurred.

Revenue Recognition and Accounts Receivable

Accounting Standard Codification (“ASC”) Topic 606, Revenue from Contracts with Customers, was adopted on a modified retrospective basis on February 4, 2018. Accordingly, prior year financial information contained herein was not recast and is reported under the prior accounting standard. Refer to Note 3 herein for additional information.

Vera Bradley and Pura Vida product sales to customers, including amounts billed to customers for shipping fees, as well as royalties from licensing arrangements related to the Vera Bradley brand, are included in net revenues. Costs related to shipping of product are classified in cost of sales in the Consolidated Statements of Operations. The Company has elected to treat shipping and handling activities that occur after the customer has obtained control of a good as an activity to fulfill the promise to transfer the product rather than as an additional promised service. Net revenues exclude sales taxes collected from customers and remitted to governmental authorities from the transaction price.

Revenue from the sale of the Company’s products is recognized when control of the promised goods or services is transferred to customers, in the amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services. Revenue is recognized using the five-step model identified in ASC Topic 606. These steps are: (i) identify the contract with the customer; (ii) identify the performance obligations; (iii) determine the transaction price; (iv) allocate the transaction price to each performance obligation; and (v) recognize revenue as the performance obligations are satisfied.

The Company collects payment at the point of sale for Vera Bradley full-line and factory outlet store transactions, upon shipment for Vera Bradley e-commerce transactions, and upon purchase for Pura Vida e-commerce transactions. The Company generally collects payment in arrears in accordance with established payment terms for each customer within the VB Indirect segment and for Pura Vida wholesale retailers.

Historical experience provides the Company the ability to reasonably estimate the amount of product sales that customers will return. Product returns are often resalable through multiple channels. Additionally, the Company reserves for customer allowances for certain VB Indirect retailers based upon various contract terms and other potential product credits granted to VB Indirect retailers.

The returns and credits reserve and the related activity for each fiscal year presented were as follows (in thousands):



	Balance at Beginning of Year		Provision Charged to Net Revenues		Allowances Taken / Written Off			Balance at End of Year
Fiscal year ended February 1, 2020	$	1,911	$	15,467	$	(16,016	)	$	1,362
Fiscal year ended February 2, 2019	2,695		17,946		(18,730		)	1,911
Fiscal year ended February 3, 2018	5,360		23,504		(26,169		)	2,695

The Company establishes an allowance for doubtful accounts based on historical experience and customer-specific identification and believes that collections of receivables, net of the allowance for doubtful accounts, are reasonably assured. The allowance for doubtful accounts was approximately $0.5 million and $0.3 million as of February 1, 2020 and February 2, 2019, respectively.

Cost of Sales

Cost of sales includes material and labor costs, freight, inventory shrinkage, operating lease costs, duty, and other operating expenses, including depreciation of the Vera Bradley distribution center and equipment. Costs and related expenses to purchase and distribute the products are recorded as cost of sales when the related revenues are recognized.

Operating Leases

ASC Topic 842, Leases, was adopted on a modified retrospective basis on February 3, 2019. Accordingly, prior year financial information contained herein was not recast and is reported under the prior accounting standard. This comparability primarily impacts the Company's Consolidated Balance Sheets. Refer to Note 4 herein for additional information regarding the Company's leases.

The Company recognizes lease liabilities at the lease commencement date based upon the present value of the remaining lease payments. Operating right-of-use assets are based on the lease liability adjusted for prepaid rent, deferred rent, and tenant allowances received from certain of the Company’s landlords, primarily for its retail store locations.

Operating lease liabilities are amortized based upon the effective interest method. Operating right-of-use assets are amortized based upon the straight-line lease expense less interest on the lease liability. Operating lease expense is recognized on a straight-line basis over the lease term. Variable rent expense is recognized in the period incurred.

Operating right-of-use assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of the assets may not be recoverable. The reviews are conducted at the lowest identifiable level of cash flows, which is at the retail store level for store-related assets. If the estimated undiscounted future cash flows related to the operating right-of-use assets are less than the carrying value, the Company recognizes a loss equal to the difference between the carrying value and the fair value, as further defined below in “Fair Value of Financial Instruments.”

Store Pre-Opening, Occupancy, and Operating Costs

The Company charges costs associated with the opening of new stores to selling, general, and administrative expenses as incurred. Selling, general, and administrative expenses also include store operating costs, store employee compensation, and store occupancy and supply costs.

Business Combination

The Company acquired a majority interest in Pura Vida on July 16, 2019. In connection with a business combination, the Company records the identifiable assets acquired, liabilities assumed, contingent consideration liabilities, if any, and any noncontrolling interest in the acquiree at their acquisition-date fair values. Goodwill is measured indirectly as the excess of the sum of (1) the consideration transferred (including contingent consideration, if any) and (2) the fair value of any noncontrolling interest in the acquiree over the net assets acquired and liabilities assumed. Refer to Note 16 herein for additional information.

These fair value assessments require management judgment and include the use of significant estimates and assumptions including future cash flows, discount and other market rates, and asset lives, among other items.

Goodwill and Other Intangible Assets

Upon an acquisition, the Company records the fair value of the identifiable intangible assets. As of February 1, 2020, these items consisted of the Pura Vida brand, customer relationships, and non-competition agreements. Assets that are determined to have an indefinite life, including goodwill and the Pura Vida Brand, are not amortized but are assessed for impairment at least annually or whenever events or circumstances indicate that the carrying amount of the asset may not be recoverable. Definite-lived intangible assets, including customer relationships and non-competition agreements, are amortized over their estimated useful lives and are also subject to impairment testing, similar to the Company’s long-lived assets.

Redeemable Noncontrolling Interest

On July 16, 2019, as contemplated by the Interest Purchase Agreement, the Company and certain of its subsidiaries and the owners of the remaining twenty-five percent (25%) ownership interest in Pura Vida (the “Sellers”) which was not acquired by the Company (the “Remaining Pura Vida Interest”) entered into a Put/Call Agreement (the “Put/Call Agreement”). Pursuant to the Put/Call Agreement, and subject to the terms and conditions thereof, the Sellers have the right to sell all of the Remaining Pura Vida Interest to the Company, and the Company has the right to purchase all of the Remaining Pura Vida Interests from Sellers, in each case generally at any time following the fifth anniversary of the closing date of the transaction until the tenth anniversary thereof. The purchase price for any Remaining Pura Vida Interest put to, or called by, the Company will be determined based on the arithmetic average of a multiple of adjusted EBITDA of Pura Vida and a multiple of adjusted EBITDA of the Company, as defined in the Put/Call Agreement, over the twelve-month period ending on the last day of the month immediately preceding the month in which an exercise notice is delivered by a relevant party. In the event of a change in control of the Company, the parties may exercise a portion of their put and call rights prior to the fifth anniversary of the closing date (as defined in the Put/Call Agreement).

As a result of this redemption feature, the Company recorded the noncontrolling interest as redeemable and classified it in temporary equity within its Consolidated Balance Sheets initially at its acquisition-date fair value. The noncontrolling interest is adjusted each reporting period for income (or loss) attributable to the noncontrolling interest. A measurement period adjustment, if any, is then made to adjust the noncontrolling interest to the higher of the redemption value or carrying value each reporting period. These adjustments are recognized through retained earnings and are not reflected in net income or net income attributable to Vera Bradley, Inc. When calculating earnings per share attributable to Vera Bradley, Inc., the Company adjusts net income attributable to Vera Bradley, Inc. for the measurement period adjustment to the extent the redemption value exceeds the fair value of the noncontrolling interest on a cumulative basis. The fair value of the noncontrolling interest is estimated using a combination of the income approach, a discounted cash flow analysis, and the market approach, utilizing the guideline company method. The reporting unit’s discounted cash flow analysis requires significant management judgment with respect to revenue, total direct costs, selling, general, and administrative expenses, capital expenditures, and the selection and use of an appropriate discount rate. The projected revenue and expense assumptions and capital expenditures are based on our annual and long-term business plans. Discount rates reflect market-based estimates of the risks associated with the projected cash flows directly resulting from the use of those assets in operations. Refer to Note 17 herein for additional information regarding the redeemable noncontrolling interest.

Stock-Based Compensation

The Company accounts for stock-based compensation using the fair-value recognition provisions of ASC 718, Stock Compensation. Under these provisions, for its awards of restricted stock and restricted-stock units, the Company recognizes stock-based compensation expense in an amount equal to the fair market value of the underlying stock on the grant date of the respective award. The Company recognizes this expense, net of estimated forfeitures, on a straight-line basis over the requisite service period.

Other Income and Advertising Costs

The Company expenses advertising costs at the time the promotion first appears in media, in stores, or on the website, and includes those costs in selling, general, and administrative expenses in the Consolidated Statements of Operations. The Company classifies the related recovery of a portion of such costs from VB Indirect retailers as other income in the Consolidated Statements of Operations.

Total advertising expense was as follows (in thousands):



Fiscal year ended February 1, 2020 ⁽¹⁾	$	46,460
Fiscal year ended February 2, 2019	27,488
Fiscal year ended February 3, 2018	26,953
(1) Increase primarily as a result of the inclusion of Pura Vida beginning July 17, 2019.

Total recovery from VB Indirect retailers was as follows (in thousands):



Fiscal year ended February 1, 2020	$	118
Fiscal year ended February 2, 2019	80
Fiscal year ended February 3, 2018	367

Debt-Issuance Costs

Unamortized debt-issuance costs totaled $0.3 million as of February 1, 2020, and $0.4 million as of February 2, 2019, and are included in other assets on the Consolidated Balance Sheets. The Company entered into an asset-based credit agreement on September 7, 2018 and recorded an immaterial amount of expense and debt-issuance costs related to the agreement. Refer to Note 6 herein for additional information. Amortization expense of $0.1 million, $0.3 million, and $0.2 million is included in interest income, net in the Consolidated Statements of Operations for the fiscal years ended February 1, 2020, February 2, 2019, and February 3, 2018, respectively. Fiscal 2019 included a $0.2 million write-off of certain fees from the Company’s prior credit agreement.

Fair Value of Financial Instruments

Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Assets and liabilities measured at fair value are classified using the following hierarchy, which is based upon the transparency of inputs to the valuation as of the measurement date:

•Level 1 – Quoted prices in active markets for identical assets or liabilities;

•Level 2 – Inputs, other than the quoted prices in active markets, that are observable either directly or indirectly;

•Level 3 – Unobservable inputs based on the Company’s own assumptions.

The classification of fair value measurements within the hierarchy is based upon the lowest level of input that is significant to the measurement.

The carrying amounts reflected on the Consolidated Balance Sheets for cash and cash equivalents, accounts receivable, other current assets, and accounts payable as of February 1, 2020 and February 2, 2019, approximated their fair values.

The following table details the fair value measurements of the Company’s investments as of February 1, 2020 and February 2, 2019 (in thousands):



	Level 1				Level 2				Level 3
	February 1, 2020		February 2, 2019		February 1, 2020		February 2, 2019		February 1, 2020		February 2, 2019
Cash equivalents ⁽¹⁾	$	27	$	2,169	$	2,198	$	6,493	$	—	$	—
Short-term investments:
U.S. corporate debt securities	—		—		3,435		5,769		—		—
Commercial paper	—		—		2,489		498		—		—
Municipal securities	—		—		1,594		4,190		—		—
Non-U.S. corporate debt securities	—		—		1,136		5,808		—		—
U.S. asset-backed securities	—		—		323		—		—		—
U.S. treasury securities	—		3,116		—		—		—		—
Long-term investments:
U.S. corporate debt securities	—		—		5,613		9,499		—		—
U.S. asset-backed securities	—		—		5,498		7,169		—		—
Non-U.S. corporate debt securities	—		—		2,409		4,675		—		—
Other foreign securities	—		—		810		—		—		—
Non-U.S. asset-backed securities	—		—		582		1,127		—		—
Municipal securities	—		—		—		1,265		—		—

(1) Cash equivalents include commercial paper and a money market fund that have a maturity of three months or less at the date of purchase. Due to their short maturity, the Company believes the carrying value approximates fair value.

The Company assesses potential impairments to its long-lived assets, which includes property, plant, and equipment and lease right-of-use assets, on a quarterly basis or whenever events or circumstances indicate that the carrying amount of an asset may not be recoverable. Store-level assets and right-of-use assets are grouped at the individual store-level for the purpose of the impairment assessment. Recoverability of an asset group is measured by a comparison of the carrying amount of an asset group to its estimated undiscounted future cash flows expected to be generated by the asset group. If the carrying amount of the asset group exceeds its estimated undiscounted future cash flows, an impairment charge is recognized as the amount by which the carrying amount of the asset group exceeds the fair value of the asset group. The fair value of the store assets is determined using the discounted future cash flow method of anticipated cash flows through the store’s lease-end date using fair value measurement inputs classified as Level 3. The fair value of right-of-use assets is estimated using market comparative information for similar properties. Level 3 inputs are derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable. The Company recorded $6.3 million in impairment charges during the fiscal year ended February 3, 2018. There were no impairment charges for the fiscal years ended February 1, 2020 and February 2, 2019.

Assets recognized or disclosed at fair value on the consolidated financial statements on a nonrecurring basis include items such as property, plant, and equipment, including leasehold improvements, and operating lease assets, as well as assets related to the Pura Vida acquisition including goodwill and intangible assets. These assets are measured at fair value if determined to be impaired. Refer to Note 16 herein for additional information on the methods used in the preliminary valuation of acquired intangible assets.

Income Taxes

The Company accrues income taxes payable or refundable and recognizes deferred tax assets and liabilities based on differences between the book and tax bases of assets and liabilities. The Company measures deferred tax assets and liabilities using enacted rates in effect for the years in which the differences are expected to reverse, and recognizes the effect of a change in enacted rates in the period of enactment. As such, the Company recognized additional income tax expense of $2.1 million during fiscal 2018 upon the enactment of the Tax Cuts and Jobs Act. Refer to Note 7 herein for additional information.

The Company establishes liabilities for uncertain positions taken or expected to be taken in income tax returns, using a more-likely-than-not recognition threshold. The Company includes in income tax expense any interest and penalties related to uncertain tax positions.

Recently Issued Accounting Pronouncements

Recently Adopted Accounting Pronouncements

In February 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2016-02, Leases, which increases transparency and comparability among organizations by requiring lessees to recognize assets and liabilities on the balance sheet for the rights and obligations created by leases and disclosing key information about leasing arrangements. This guidance is effective for interim and annual periods beginning on or after December 15, 2018. In July 2018, the FASB issued ASU 2018-11 for targeted improvements, including the option of allowing entities to initially apply the new leases standard at the adoption date (February 3, 2019 for the Company) and recognize a cumulative-effect adjustment to the opening balance of retained earnings. The Company adopted the standard using this adoption method on February 3, 2019 (the beginning of fiscal 2020) and recorded a $0.2 million beginning retained earnings adjustment. In addition, the Company evaluated the usage of applicable transition relief practical expedients at the adoption date as follows:



Practical Expedient Package	The Company elected the practical expedient package and did not re-assess whether a contract was or contained a lease; did not re-assess lease classification as an operating or financing lease for expired or existing leases; and did not re-assess whether a lease contained initial direct costs for expired or existing leases.
Hindsight	The Company did not elect the hindsight practical expedient, which allows for hindsight when assessing the lease term and impairment of right-of-use assets.

The Company has operating leases at all of its retail stores; therefore, the adoption of this standard resulted in a material increase of assets and liabilities on the Company’s Consolidated Balance Sheets. The opening balance of its operating lease liabilities was approximately $149 million and its operating right-of-use assets were approximately $126 million at transition on February 3, 2019. The Consolidated Statements of Cash Flows also had material presentation changes within operating activities upon adoption. The adoption of this standard had no impact on the Company's Consolidated Statements of Operations.

Refer to Note 4 herein for additional information regarding ASC Topic 842, including details of practical expedients related to policy elections.

In August 2018, the FASB issued ASU 2018-15, Customers Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract, which aligns the requirements for capitalizing or expensing implementation costs in hosting arrangements (regardless of whether they convey a license to the hosted software) with capitalizing or expensing implementation costs incurred to develop or obtain internal-use software. This guidance is effective for interim and annual periods beginning on or after December 15, 2019 (fiscal 2021). Early adoption is permitted, and the amendments can be adopted either retrospectively or prospectively. The Company adopted this standard at the beginning of its fiscal 2020 (February 3, 2019) on a prospective basis. The adoption of this standard had an immaterial impact on the Company's Consolidated Financial Statements.

In January 2017 the FASB issued ASU 2017-04, Intangibles—Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment. This standard eliminates Step 2 from the goodwill impairment test. Instead, an entity should compare the fair value of a reporting unit with its carrying amount and recognize an impairment charge for the amount by which the carrying amount exceeds the reporting unit's fair value, not to exceed the total amount of goodwill allocated to the reporting unit. The standard is effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years (fiscal 2021). Early adoption is permitted. The Company early adopted this standard during the third quarter of fiscal 2020, with no impact on its consolidated financial statements.

Recently Issued Accounting Pronouncements Not Yet Adopted

In August 2018, the FASB issued ASU 2018-13, Disclosure Framework – Changes to the Disclosure Requirements for Fair Value Measurements. The amendments in this update remove, modify, and add certain disclosure requirements to ASC 820, Fair Value Measurement. This guidance is effective for interim and annual periods beginning on or after December 15, 2019 (fiscal 2021). Early adoption is permitted, and certain amendments are to be adopted prospectively for only the most recent annual or interim period presented in the initial year of adoption or retrospectively. The Company is currently evaluating the impact of the guidance on its consolidated financial statements.

In December 2019, the FASB issued ASU 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes. The amendments in this update remove certain exceptions to the general principals in Topic 740, as well as simplify GAAP for certain areas and improve consistency within the topic. This guidance is effective for interim and annual periods beginning on or after December 15, 2020 (fiscal 2022). Early adoption is permitted, with all amendments required to be adopted in the same period. The Company is currently evaluating the impact of the guidance on its consolidated financial statements.

Revenue from Contracts with Customers (Notes)

12 Months Ended

Feb. 01, 2020

Revenue from Contract with Customer [Abstract]

Revenue from Contracts with Customers

The Company adopted ASC Topic 606 beginning in the first quarter of fiscal 2019 using the modified retrospective adoption method. Accordingly, disclosures herein required by the standard were excluded for the prior-year period.

The following tables illustrate the financial statement line items that were impacted as a result of the adoption of ASC Topic 606 as of and for the fifty-two weeks ended February 2, 2019. These adjustments are a result of adjusting for shipments not yet received by customers, gift card breakage revenue, and the re-classification of certain liabilities for estimated product returns, which are further described in Note 2 herein (in thousands).



	February 2, 2019
	As Reported		Adjustments			Balances Under Prior U.S. GAAP
Consolidated Balance Sheet
Accounts receivable, net	$	15,604	$	(2,497	)	$	13,107
Inventories	91,581		906			92,487
Income taxes receivable	809		265			1,074
Total current assets	252,468		(1,326		)	251,142
Deferred income taxes	6,724		106			6,830
Total assets	362,148		(1,220		)	360,928
Other accrued liabilities	13,482		(156		)	13,326
Total current liabilities	43,556		(156		)	43,400
Total liabilities	67,445		(156		)	67,289
Retained earnings	291,994		(1,064		)	290,930
Total shareholders’ equity	294,703		(1,064		)	293,639
Total liabilities and shareholders’ equity	362,148		(1,220		)	360,928



	Fifty-Two Weeks Ended
	February 2, 2019
	As Reported		Adjustments			Amounts Under Prior U.S. GAAP
Consolidated Statement of Operations
Net revenues	$	416,097	$	(1,478	)	$	414,619
Cost of sales	177,510		(655		)	176,855
Gross profit (loss)	238,587		(823		)	237,764
Operating income (loss)	27,101		(823		)	26,278
Income (loss) before income taxes	28,226		(823		)	27,403
Income tax expense (benefit)	7,469		(213		)	7,256
Net income (loss)	20,757		(610		)	20,147



	Fifty-Two Weeks Ended
	February 2, 2019
	As Reported			Adjustments			Amounts Under Prior U.S. GAAP
Consolidated Statement of Cash Flows
Cash flows from operating activities
Net income (loss)	$	20,757		$	(610	)	$	20,147
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Deferred income taxes	(1,497		)	52			(1,445		)
Changes in assets and liabilities:
Accounts receivable	438			1,837			2,275
Inventories	(3,994		)	(655		)	(4,649		)
Income taxes	4,933			(265		)	4,668
Accrued and other liabilities	94			(359		)	(265		)

Disaggregation of Revenue

The following presents the Company's net revenues disaggregated by product category for the fifty-two weeks ended February 1, 2020 and February 2, 2019 (in thousands):



	Fifty-Two Weeks Ended
	February 1, 2020
	VB Direct Segment			VB Indirect Segment			Pura Vida Segment			Total
Product categories
Bags	$	136,509		$	41,206		$	—		$	177,715
Travel	91,732			16,712			—			108,444
Accessories	75,162			15,470			64,568			155,200
Home	32,987			2,703			—			35,690
Other	11,094		⁽¹⁾	5,720		⁽²⁾	1,349		⁽³⁾	18,163
Total net revenues	$	347,484	⁽⁴⁾	$	81,811	⁽⁵⁾	$	65,917	⁽⁴⁾	$	495,212

(1) Primarily includes net revenues from apparel/footwear, stationery, freight, and gift card breakage.
(2) Primarily includes net revenues from licensing agreements, freight, apparel/footwear, and merchandising.
(3) Related to freight.
(4) Net revenues were related to product sales recognized at a point in time.
(5) $78.0 million of net revenues related to product sales recognized at a point in time and $3.8 million of net revenues related to sales-based royalties recognized over time.



	Fifty Two Weeks Ended
	February 2, 2019
	VB Direct Segment			VB Indirect Segment			Pura Vida Segment		Total
Product categories
Bags	$	128,255		$	42,626		$	—	$	170,881
Travel	87,746			19,767			—		107,513
Accessories	75,751			17,043			—		92,794
Home	26,846			2,757			—		29,603
Other	9,436		⁽¹⁾	5,870		⁽²⁾	—		15,306
Total net revenues	$	328,034	⁽³⁾	$	88,063	⁽⁴⁾	$	—	$	416,097

(1) Primarily includes net revenues from stationery, apparel/footwear, freight, and gift card breakage.
(2) Primarily includes net revenues from licensing agreements, freight, apparel/footwear, and merchandising.
(3) Net revenues were related to product sales recognized at a point in time.
(4) $84.5 million of net revenues related to product sales recognized at a point in time and $3.6 million of net revenues related to sales-based royalties recognized over time.

Contract Balances

Contract liabilities as of February 1, 2020 and February 2, 2019, consisted of $3.9 million and $1.6 million, respectively. The balance as of February 1, 2020 consisted of unearned revenue related to the monthly bracelet and jewelry clubs of the Pura Vida segment, unredeemed gift cards, Pura Vida payments collected before shipment, and an immaterial amount of unearned revenue for pre-payments of royalties in certain of the Company’s licensing arrangements and other customer pre-payments. The balance as of February 2, 2019 consisted of unearned revenue related to unredeemed gift cards and an immaterial amount of unearned revenue for pre-payments of royalties in certain of the Company’s licensing arrangements. These contract liabilities are recognized within other accrued liabilities on the Company’s Consolidated Balance Sheets. The Company did not have contract assets as of February 1, 2020 and February 2, 2019.

The balance for accounts receivable from contracts with customers, net of allowances, as of February 1, 2020 and February 2, 2019 was $16.3 million and $14.1 million, respectively, which is recognized within accounts receivable, net, on the Company’s Consolidated Balance Sheets. The provision for doubtful accounts was $0.5 million and $0.3 million as of February 1, 2020 and February 2, 2019, respectively.

Performance Obligations

The performance obligations for the VB Direct, VB Indirect, and Pura Vida segments include the promise to transfer distinct goods (or a bundle of distinct goods). The VB Indirect segment also includes the right to access intellectual property (“IP”) related to the Vera Bradley brand.

Remaining Performance Obligations

The Company does not have remaining performance obligations in excess of one year or contracts that it does not have the right to invoice as of February 1, 2020.

Significant Judgments

Product Sales

In the Vera Bradley retail stores (recognized within the VB Direct segment), control is transferred and net revenue is recognized at the point of sale. Product shipments for the Company’s e-commerce channels (recognized within the VB Direct and Pura Vida segments) and shipments to its wholesale retailers (recognized within the VB Indirect segment and Pura Vida segment) are generally shipped Free on Board (“FOB”) shipping point typically from its distribution center in Roanoke, Indiana, for Vera Bradley products and primarily from its third-party fulfillment center in Tijuana, Mexico for Pura Vida products. Net revenue is recognized upon shipment consistent with when control is transferred to the customer. Upon shipment, the customer has the right to direct the use of, and obtain substantially all of the benefits from, the product.

Licensing Royalties

The Company grants rights to access its Vera Bradley IP and accounts for any resulting sales-based royalty revenue over time, as the subsequent sales occur. The Company has contractually guaranteed minimum royalties in certain of its sales-based royalty arrangements which are recognized straight-line over the remaining license period once determined that the minimum sales level will not be achieved. Licensing royalties are recognized within VB Indirect segment net revenues.

Transaction Price and Amounts Allocated to Performance Obligations

The transaction price is the amount of consideration the Company expects to be entitled to in a sales transaction. The transaction price is net of discounts, estimated variable consideration (if any), and any customer allowances offered or estimated, including those offered to certain Indirect retailers based on various contract terms. The transaction price also is net of allowances for product returns, which the Company is able to reasonably estimate based upon historical experience. The transaction price is allocated to each performance obligation in the contract based upon the standalone selling price.

Contract Costs

Sales commissions are paid to certain employees based upon specific sales achieved during a time period. As the Company’s contracts related to these sales commissions do not exceed one year, these incentive payments are expensed as incurred.

Other Practical Expedients

Remaining Performance Obligations

The Company does not disclose the remaining performance obligations for contracts with an original expected duration of one year or less or for contracts which it has the right to invoice.

Significant Financing Components

The Company does not adjust for the time value of money as the majority of its contracts have an original expected duration of one year or less; contracts that are greater than one year are related to net revenues that are constrained until the subsequent sales occur. The net revenues associated with these contracts are immaterial, and the Company does not adjust for the time value of money.

Leases

12 Months Ended

Feb. 01, 2020

Leases [Abstract]

Leases

Nature of Leases

The Company has operating leases at all of its retail stores, as well as for its New York office, the California Pura Vida office, Asia sourcing office, and showrooms. The Company also has operating leases for certain equipment and storage spaces. The Company does not have residual value guarantees, restrictions, or covenants imposed by leases.

Determination of Lease Terms

Retail store leases have remaining terms of up to 10 years as of February 1, 2020. These leases generally have early termination rights when certain sales thresholds are not met for a specified measurement period. The Company's other leases have remaining terms of up to approximately seven years as of February 1, 2020. If the lease contains a renewal period at the Company's option, the renewal period is included in the lease term if determined the option is reasonably certain to be exercised at lease commencement. The Company's lease options generally do not include termination rights other than those mentioned. The Company did not have financing leases as of February 1, 2020.

Variable Rental Payments

All of the Company's retail store leases contain variable rental payments when the retail store's sales exceed a specified breakpoint. In addition, certain of the Company's leases contain real estate taxes, common area maintenance, and similar items that are billed as pass-through charges from its landlords. These rental payments are not included in the measurement of the lease liability, but are recognized as variable lease cost in the period incurred.

Certain of the Company's leases also contain lease components with increases based upon an index or rate. These lease components are included on the Company's balance sheet at the rate as of lease commencement. Future changes in the index or rate will generally be included as variable lease cost.

Significant Judgments and Assumptions

Determination of Whether a Contract Contains a Lease

The Company determines whether a contract is or contains a lease at the inception of the contract. The contract is, or contains, a lease if the contract conveys the right to control the use of identified property, plant, or equipment for a period of time in exchange for consideration. The Company generally must also have the right to obtain substantially all of the economic benefits from use of the property, plant, and equipment and have the right to direct its use.

Discount Rate

The weighted-average discount rate as of February 1, 2020, was 5.0%. The rate implicit in the lease is not readily determinable in the lease agreements; therefore, the Company estimated the incremental borrowing rate, at the commencement date of each lease, which is the rate of interest it would have to borrow on a collateralized basis over a similar term with similar payments.

Leases Not Yet Commenced

As of February 1, 2020, the Company had retail store leases which were executed, but did not have control of the underlying assets; therefore, the lease liabilities and right-of-use assets are not recorded on its Consolidated Balance Sheet. These leases contain undiscounted lease payments, which will be included in the determination of the lease liability, totaling approximately $3.1 million and have approximate terms of 10 years commencing in fiscal 2021.

Practical Expedients (Policy Elections)

The Company has elected the following practical expedients as policy elections upon the adoption of ASC Topic 842.



Short-Term Leases	The Company elected to exclude leases with a term of 12 months or less from recognition on the balance sheet for all leases.
Not Separating Lease and Nonlease Components	The Company elected to combine lease and nonlease components and recognize as a single lease component for all leases.

Refer to Note 2 herein for information regarding transition practical expedients elected.

Amounts Recognized in the Consolidated Financial Statements

Lease expense is recorded within cost of sales for the Asia sourcing office and certain equipment leases and within selling, general, and administrative expenses for all other leases, including retail store leases, in the Company's Consolidated Statement of Operations for the fiscal year ended February 1, 2020 (in thousands):



	Fifty-Two Weeks Ended
	February 1, 2020
Operating lease cost	$	28,808
Variable lease cost	9,266
Short-term lease cost	576
Total lease cost	$	38,650

The weighted-average remaining lease term as of February 1, 2020 was 6.0 years.

Supplemental operating cash flow information was as follows (in thousands):



	Fifty-Two Weeks Ended
	February 1, 2020
Cash paid for amounts included in the measurement of operating lease liabilities	$	32,702
Right-of-use assets increase as a result of new and modified operating lease liabilities, net	$	10,850

Maturity Analysis of Operating Lease Liabilities

Maturities of the Company's operating lease liabilities (undiscounted) reconciled to its lease liability as of February 1, 2020 were as follows (in thousands):



	Operating Leases
Fiscal 2021	$	27,531
Fiscal 2022	29,215
Fiscal 2023	25,268
Fiscal 2024	22,054
Fiscal 2025	19,059
Thereafter	34,934
Total remaining obligations	158,061
Less: Interest	(22,939		)
Present value of lease liabilities	$	135,122

Under the prior accounting standard (ASC Topic 840), the maturities of minimum lease payments as disclosed in the Company's Annual Report on Form 10-K as of the fiscal year ended February 2, 2019 were as follows:



	Operating Leases
Fiscal 2020	$	32,658
Fiscal 2021	32,017
Fiscal 2022	29,707
Fiscal 2023	25,933
Fiscal 2024	22,250
Thereafter	45,099
Total remaining minimum lease payments	$	187,664

Property, Plant, and Equipment

12 Months Ended

Feb. 01, 2020

Property, Plant and Equipment [Abstract]

Property, Plant, and Equipment

Property, plant, and equipment consisted of the following (in thousands):



	February 1, 2020			February 2, 2019
Land and land improvements	$	5,981		$	5,981
Building and building improvements	46,233			46,233
Furniture, fixtures, leasehold improvements, computer equipment and software	116,238			112,316
Equipment and vehicles	21,205			21,002
Construction in progress	6,002			1,699
	195,659			187,231
Less: Accumulated depreciation and amortization	(122,632		)	(109,280		)
Property, plant, and equipment, net	$	73,027		$	77,951

Property, plant, and equipment and operating right-of-use assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of the asset groups may not be recoverable. The reviews are conducted at the lowest identifiable level of cash flows, which is generally the retail store level. The assets are grouped at the individual store level for store-related assets. If the estimated undiscounted future cash flows related to the property, plant, and equipment and operating right-of-use assets are less than the carrying value, the Company recognizes a loss equal to the difference between the carrying value and the fair value, as further defined in Note 2. Impairment charges of $6.3 million were recognized, using level 3 inputs, in the fiscal year ended February 3, 2018 for asset groups related to underperforming stores and are included in selling, general, and administrative expenses in the Consolidated Statements of Operations and in impairment charges in the Consolidated Statements of Cash Flows. The impairment charges are included in the VB Direct segment. There were no impairment charges recorded during the fiscal years ended February 1, 2020 and February 2, 2019.

Depreciation and amortization expense associated with property, plant, and equipment, excluding impairment charges (in thousands):



Fiscal year ended February 1, 2020	$	18,447
Fiscal year ended February 2, 2019	16,540
Fiscal year ended February 3, 2018	19,570

Debt	12 Months Ended
Debt	Feb. 01, 2020
Debt Disclosure [Abstract]
Debt	Debt As of February 1, 2020 and February 2, 2019, the Company had no borrowings outstanding and availability of $75.0 million under its Credit Agreement. Subsequent to the end of the fiscal year, the Company has drawn $60.0 million of its $75.0 million Credit Agreement to provide additional flexibility as a result of the COVID-19 pandemic. Credit Agreement On September 7, 2018, Vera Bradley Designs, Inc. (“VBD”), a wholly-owned subsidiary of the Company, entered into an asset-based revolving Credit Agreement (the “Credit Agreement”) among VBD, JPMorgan Chase Bank, N.A., as administrative agent, and the lenders from time to time party thereto. The Credit Agreement provides for certain credit facilities to VBD in an aggregate principal amount not to initially exceed the lesser of $75.0 million or the amount of borrowing availability determined in accordance with a borrowing base of certain assets. Any proceeds of the credit facilities will be used to finance general corporate purposes of VBD and its subsidiaries, including but not limited to Vera Bradley International, LLC and Vera Bradley Sales, LLC (collectively, the “Named Subsidiaries”). The Credit Agreement also contains an option for VBD to arrange with lenders to increase the aggregate principal amount by up to $25.0 million. Amounts outstanding under the Credit Agreement bear interest at a per annum rate equal to either (i) for CBFR borrowings (including swingline loans), the CB Floating Rate, where the CB Floating Rate is the prime rate which shall never be less than the adjusted one month LIBOR rate on such day, plus the Applicable Rate, where the Applicable Rate is a percentage spread ranging from -1.00% to -1.50% or (ii) for each eurodollar borrowing, the Adjusted LIBO Rate, where the Adjusted LIBO Rate is the LIBO rate for such interest period multiplied by the statutory reserve rate, for the interest period in effect for such borrowing, plus the Applicable Rate, where the Applicable Rate is a percentage ranging from 1.00% to 1.30%. The applicable CB Floating Rate, Adjusted LIBO Rate, or LIBO Rate shall be determined by the administrative agent. The Credit Agreement also requires VBD to pay a commitment fee for the unused portion of the revolving facility of up to 0.20% per annum. VBD’s obligations under the Credit Agreement are guaranteed by the Company and the Named Subsidiaries. The obligations of VBD under the Credit Agreement are secured by substantially all of the respective assets of VBD, the Company, and the Named Subsidiaries and are further secured by the equity interests in VBD and the Named Subsidiaries. The Credit Agreement contains various affirmative and negative covenants, including restrictions on the Company's ability to incur debt or liens; engage in mergers or consolidations; make certain investments, acquisitions, loans, and advances; sell assets; enter into certain swap agreements; pay dividends or make distributions or make other restricted payments; engage in certain transactions with affiliates; and amend, modify, or waive any of its rights related to subordinated indebtedness and certain charter and other organizational, governing, and material agreements. The Company may avoid certain of such restrictions by meeting payment conditions defined in the Credit Agreement. The Credit Agreement also requires the loan parties, as defined in the Credit Agreement, to maintain a minimum fixed charge coverage ratio of 1.00 to 1.00 during periods when borrowing availability is less than the greater of (A) $7.5 million, and (B) 10% of the lesser of (i) the aggregate revolving commitment, and (ii) the borrowing base. The fixed charge coverage ratio, availability, aggregate revolving commitment, and the borrowing base are further defined in the Credit Agreement. The Credit Agreement contains customary events of default, including, among other things: (i) the failure to pay any principal, interest, or other fees under the Credit Agreement; (ii) the making of any materially incorrect representation or warranty; (iii) the failure to observe or perform any covenant, condition, or agreement in the Credit Agreement or related agreements; (iv) a cross default with respect to other material indebtedness; (v) bankruptcy and insolvency events; (vi) unsatisfied material final judgments; (vii) Employee Retirement Income Security Act of 1974 (“ERISA”) events that could reasonably be expected to have a material adverse effect; and (viii) a change in control (as defined in the Credit Agreement). Any commitments made under the Credit Agreement mature on September 7, 2023. There were no material fees or expenses associated with the Credit Agreement.

Income Taxes

12 Months Ended

Feb. 01, 2020

Income Tax Disclosure [Abstract]

Income Taxes

The components of income tax expense were as follows (in thousands):



	February 1, 2020			February 2, 2019			February 3, 2018
Current:
Federal	$	4,509		$	7,020		$	488
Foreign	681			610			364
State	989			1,336			(628		)
	6,179			8,966			224
Deferred:
Federal	(805		)	(1,663		)	7,476
State	(59		)	166			678
	(864		)	(1,497		)	8,154
Total income tax expense	$	5,315		$	7,469		$	8,378

A breakdown of the Company’s income before income taxes is as follows (in thousands):



	February 1, 2020		February 2, 2019		February 3, 2018
Domestic	$	16,267	$	24,426	$	13,666
Foreign	4,292		3,800		1,728
Total income before income taxes	$	20,559	$	28,226	$	15,394

A reconciliation of income tax expense to the amount computed at the federal statutory rate is as follows (in thousands):



	February 1, 2020					February 2, 2019					February 3, 2018
Federal taxes at statutory rate	$	4,317		21.0	%	$	5,927		21.0	%	$	5,067		32.9	%
State and local income taxes, net of federal benefit	752			3.7		1,203			4.3		665			4.3
Impact related to redeemable noncontrolling interest	168			0.8		—			—		—			—
Shortfall from stock-based compensation	63			0.3		101			0.4		1,111			7.2
Impact of foreign rate differential	(210		)	(1.0	)	(188		)	(0.7	)	(247		)	(1.6	)
Change in uncertain tax positions	(17		)	(0.1	)	(17		)	(0.1	)	(632		)	(4.1	)
Change in U.S. tax rate	—			—		—			—		2,026			13.2
Deemed mandatory repatriation	—			—		—			—		345			2.2
Other	242			1.2		443			1.6		43			0.3
Total income tax expense	$	5,315		25.9	%	$	7,469		26.5	%	$	8,378		54.4	%

On December 22, 2017, the Tax Cuts and Jobs Act (the “Tax Act”) was signed into law. The Tax Act includes, among other things, a corporate tax rate decrease from 35% to 21% effective for tax years beginning after December 31, 2017, bonus depreciation that allows for full expensing for qualified property, the transition of U.S. international taxation from a worldwide system to a territorial system with a new provision designed to tax global intangible low-taxed income ("GILTI"), and a one-time transition tax on the mandatory deemed repatriation of cumulative foreign earnings. Section 15 of the Internal Revenue Code stipulates that the Company's fiscal year ended February 3, 2018, had a blended federal statutory tax rate of approximately 32.9%, which is based on the applicable tax rates before and after the effectiveness of the Tax Act and the number of days in the year.

The Company recorded $2.1 million in provisional income tax expense during the fourth quarter of fiscal 2018 based upon its understanding of the Tax Act and guidance as of the date of the fiscal 2018 filing. Of the $2.1 million, $2.0 million was related to the remeasurement of net deferred tax assets at rates which they are expected to reverse in the future and $0.3 million was related to the one-time transition tax on mandatory deemed repatriation of foreign earnings, which were partially offset by a $0.2 million income tax benefit related to the blended federal statutory rate. The Tax Act created a new requirement that certain income earned by foreign subsidiaries, known as GILTI, must be included in the gross income of their U.S. shareholder. The Company elected to treat the tax effect of GILTI as a current-period expense when incurred. During the fourth quarter of fiscal 2019, the Company completed its accounting for the Tax Act and recorded no material adjustments to its fiscal 2018 provisional estimate.

Deferred income taxes reflect the net tax effects of temporary differences between the book and tax bases of assets and liabilities. Significant components of deferred tax assets and liabilities were as follows (in thousands):



	February 1, 2020			February 2, 2019
Deferred tax assets:
Operating lease liabilities	$	36,209		$	—
Compensation and benefits	3,021			2,912
Inventories	1,317			1,753
Deferred credits from landlords	—			6,922
Other	1,890			1,241
Total deferred tax assets	42,437			12,828
Deferred tax liabilities:
Operating lease assets	(30,620		)	—
Property, plant, and equipment	(2,656		)	(3,859		)
Other	(1,505		)	(2,245		)
Total deferred tax liabilities	(34,781		)	(6,104		)
Net deferred tax assets	$	7,656		$	6,724

Uncertain Tax Positions

A reconciliation of the beginning and ending gross amount of unrecognized tax benefits (excluding interest and penalties) is as follows (in thousands):



	February 1, 2020			February 2, 2019			February 3, 2018
Beginning balance	$	83		$	104		$	877
Net increases in unrecognized tax benefits as a result of current year activity	11			44			—
Lapse of statute of limitations	(35		)	(65		)	(106		)
Net increases in unrecognized tax benefits as a result of prior year activity	—			—			210
Reductions for tax positions of prior years	—			—			(877		)
Ending balance	$	59		$	83		$	104

As of February 1, 2020, $0.1 million of total unrecognized tax benefits, net of federal benefit, would, if recognized, favorably affect the effective tax rate in future periods. Total unrecognized tax benefits are currently not expected to decrease by a significant amount in the next twelve months. The Company recognized an immaterial amount of interest only, no penalties, related to unrecognized tax benefits in the fiscal years ended February 1, 2020, February 2, 2019, and February 3, 2018. Unrecognized tax benefits are included within long-term liabilities in the Company's Consolidated Balance Sheets.

The Company files income tax returns in the U.S. federal jurisdiction and various U.S. state and foreign jurisdictions. The Company is subject to U.S. federal income tax examinations for fiscal years 2017 and forward. With a few exceptions, the Company is subject to audit by various state and foreign taxing authorities for fiscal 2016 through the current fiscal year.

Stock-Based Compensation

12 Months Ended

Feb. 01, 2020

Share-based Payment Arrangement [Abstract]

Stock-Based Compensation

The Company’s stock-based compensation consists of awards of restricted stock and restricted stock units. The Company recognized stock-based compensation expense of $5.9 million, $4.9 million, and $3.1 million in the fiscal years ended February 1, 2020, February 2, 2019, and February 3, 2018, respectively.

Awards of Restricted-Stock Units

The Company reserved 6,076,001 shares of common stock for issuance or transfer under the 2010 Equity and Incentive Plan, which allows for grants of restricted stock units, as well as other equity awards. As of February 1, 2020, there were 3,964,026 shares remaining in that program.

During the fiscal year ended February 1, 2020, the Company granted a total of 416,944 time-based and performance-based restricted stock units to certain employees and non-employee directors under the 2010 Equity and Incentive Plan with an aggregate fair value of $5.4 million. The Company determined the fair value of the units based on the closing price of the Company’s common stock on the grant date.

The majority of time-based restricted stock units vest and settle in shares of the Company’s common stock, on a one-for-one basis, in equal installments on each of the first three anniversaries of the grant date. Restricted stock unit awards issued to non-employee directors vest after a one-year period from the grant date. The Company is recognizing the expense relating to these awards, net of estimated forfeitures, on a straight-line basis over the vesting period.

The majority of performance-based restricted stock units vest upon the completion of a three-year period of time (cliff vesting), subject to the employee’s continuing employment throughout the three-year performance period and the Company’s achievement of annual earnings per share targets, or other Company performance targets, during the three-year performance period. The Company is recognizing the expense relating to these units, net of estimated forfeitures and based on the probable outcome of achievement of the financial targets, on a straight-line basis over the vesting period.

The following table summarizes information about restricted-stock units as of and for the year ended February 1, 2020 (units in thousands):



	Time-based Restricted Stock Units				Performance-based Restricted Stock Units
	Number of Units		Weighted- Average Grant Date Fair Value (per unit)		Number of Units		Weighted- Average Grant Date Fair Value (per unit)
Nonvested units outstanding at February 2, 2019	473		$	11.75	442		$	11.38
Granted	246		12.94		171		13.10
Change due to performance condition achievement	—		—		111		10.59
Vested	(277	)	12.32		(50	)	19.62
Forfeited	(9	)	13.17		(3	)	9.97
Nonvested units outstanding at February 1, 2020	433		$	12.03	671		$	11.08

As of February 1, 2020, there was $6.4 million of total unrecognized compensation cost, net of estimated forfeitures, related to nonvested restricted stock units. That cost is expected to be recognized over a weighted average period of 1.3 years, subject to meeting performance conditions. The total fair value of restricted stock units for which restrictions lapsed (vested) during fiscal 2020 was $4.1 million.

Commitments and Contingencies	12 Months Ended
Commitments and Contingencies	Feb. 01, 2020
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies The Company is subject to various claims and contingencies arising in the normal course of business, including those relating to product liability, legal claims, employee benefits, environmental issues, and other matters. Management believes that at this time it is not probable that any of these claims will have a material adverse effect on the Company’s financial condition, results of operations, or cash flows. However, the outcomes of legal proceedings and claims brought against the Company are subject to uncertainty and future developments could cause these actions or claims, individually or in the aggregate, to have a material adverse effect on the Company’s financial condition, results of operations, or cash flows of a particular reporting period. In August of 2019, Vesi Incorporated (“Vesi”) filed suit against the Company in the U.S. District Court for the Southern District of Ohio related to the Company’s licensing business and alleging breach of fiduciary duty, unfair competition, defamation, and tortious interference with prospective business relationships. The complaint seeks damages in an amount not less than $10.0 million for punitive damages, attorney fees, prejudgment interest, and any other additional relief. The Company has denied any liability and intends to vigorously defend itself in the case. In November 2019, the Company filed a counterclaim against the principals of Vesi as personal guarantors for monies owed to the Company by Vesi. The cases are currently in discovery. At this time, we are not able to estimate a possible loss or range of loss that may result from this matter or to determine whether such loss, if any, would have a material adverse effect on our financial condition or results of operations due to the fact that the Company is vigorously defending itself and management believes that the Company has a number of meritorious legal defenses.

401(k) Profit Sharing Plan and Trust

12 Months Ended

Feb. 01, 2020

Disclosure Profit Sharing Plan And Trust Additional Information [Abstract]

401(k) Profit Sharing Plan and Trust

The Company has a 401(k) profit sharing plan and trust for all qualified employees and provides a 100% match for the first 3% of employee contributions and a 50% match for the next 2% of employee contributions, for a maximum Company match of 4% of employee contributions, limited to the annual legal allowable limit. Additionally, the Company has the option of making discretionary profit sharing payments to the plan as approved by the board of directors. As of February 1, 2020, February 2, 2019, and February 3, 2018, no discretionary profit sharing payments had been approved. The Company recognizes 401(k) Company contributions within cost of sales for employees related to distribution center, sourcing, and other related functions and selling, general, and administrative expenses for all other employees. Total Company contributions to the plan were as follows (in thousands):



Fiscal year ended February 1, 2020	$	1,732
Fiscal year ended February 2, 2019	1,661
Fiscal year ended February 3, 2018	1,533

Related-Party Transactions

12 Months Ended

Feb. 01, 2020

Related-Party Transactions

Charitable Contributions. During each of the fiscal years ended February 1, 2020, February 2, 2019, and February 3, 2018 the Company made charitable contributions of approximately $0.1 million to the Vera Bradley Foundation for Breast Cancer (the “Foundation”). The Foundation was founded by one of the Company’s directors, who is also on the board of directors of the Foundation. The liability associated with commitments to the Foundation was approximately $0.3 million as of February 1, 2020 and February 2, 2019. The liability consisted of pass-through donations from customers and is included in other accrued liabilities in the Consolidated Balance Sheets.

The associated expense for contributions to the Foundation, which is included in selling, general, and administrative expenses, was as follows (in thousands):



Fiscal year ended February 1, 2020	$	101
Fiscal year ended February 2, 2019	144
Fiscal year ended February 3, 2018	140

Share Repurchases. During the fiscal year ended February 2, 2019, the Company repurchased a total of 400,000 shares of common stock from related-parties as described below. Each transaction was approved by the Company's Audit Committee and effected as part of the 2015 Share Repurchase Program. Refer to Note 13 herein for details regarding the Company's current and prior share repurchase programs.

On June 26, 2018, the Company agreed to repurchase 200,000 shares of common stock from the Barbara B Baekgaard 2009 Grantor Retained Annuity Trust (the “Baekgaard Trust”) at a price of $14.43 per share, representing an approximate four percent (4%) discount from the closing price of $15.03 on June 25, 2018. The Baekgaard Trust was established by the Company’s co-founder, Barbara Bradley Baekgaard, and is managed by two of Ms. Baekgaard’s children, Joan Byrne Hall (who is also the spouse of the Company’s chairman) and James Bradley Byrne.

On September 27, 2018, the Company agreed to repurchase 200,000 shares of common stock from the Patricia R. Miller 2007 Family Trust (the “Miller Trust”) at a price of $15.04 per share, representing an approximate three and one half percent (3.5%) discount from the closing price of $15.58 on September 26, 2018. P. Michael Miller is the trustee of the Miller Trust and is a director of the Company. P. Michael Miller and Patricia Miller, the Company's co-founder, are husband and wife.

Earnings Per Share

12 Months Ended

Feb. 01, 2020

Earnings Per Share [Abstract]

Earnings Per Share

Basic net income per share is computed based on the weighted-average number of shares of common stock outstanding during the period. Diluted net income per share is computed based on the weighted-average number of shares of common stock plus the effect of dilutive potential common shares outstanding during the period using the treasury stock method. Dilutive potential common shares include outstanding restricted stock and restricted-stock units. The components of basic and diluted net income per share are as follows (in thousands, except per share data):



	Fiscal Year Ended
	February 1, 2020			February 2, 2019		February 3, 2018
Numerator:
Net income	$	15,244		$	20,757	$	7,016
Less: Net loss attributable to redeemable noncontrolling interest	(803		)	—		—
Net income attributable to Vera Bradley, Inc.	$	16,047		$	20,757	$	7,016

Denominator:
Weighted-average number of common shares (basic)	33,983			35,222		35,925
Dilutive effect of stock-based awards	305			245		101
Weighted-average number of common shares (diluted)	34,288			35,467		36,026

Net income per share attributable to Vera Bradley, Inc.:
Basic	$	0.47		$	0.59	$	0.20
Diluted	$	0.47		$	0.59	$	0.19

As of February 1, 2020, February 2, 2019, and February 3, 2018, there were an immaterial number of additional shares issuable upon the vesting of restricted stock units that were excluded from the diluted share calculations because they were anti-dilutive. The diluted share calculations include performance-based restricted stock units for completed performance periods.

Common Stock	12 Months Ended
Common Stock	Feb. 01, 2020
Equity [Abstract]
Common Stock	Common Stock On December 8, 2015, the Company's board of directors approved a share repurchase program (the “2015 Share Repurchase Program”) authorizing up to $50.0 million of repurchases of shares of the Company's common stock. On November 30, 2017, the board of directors authorized the Company to extend the 2015 Share Repurchase Plan to December 31, 2018. The 2015 Share Repurchase program was completed on November 27, 2018. On November 29, 2018, the Company's board of directors approved a new share repurchase plan (the “2018 Share Repurchase Program”) authorizing up to $50.0 million of repurchases of shares of the Company's common stock. The 2018 Share Repurchase Program expires December 14, 2020. Subsequent to year end, in light of the 2019 novel coronavirus (COVID-19) pandemic, the Company suspended the 2018 Share Repurchase Program. During the fiscal year ended February 1, 2020, the Company purchased and held 1,075,749 shares at an average price of $10.52 per share, excluding commissions, for an aggregate amount of $11.3 million, under the 2018 Share Repurchase Program. During the fiscal year ended February 2, 2019, the Company purchased and held 1,293,138 shares at an average price of $12.58 per share, excluding commissions, for an aggregate amount of $16.3 million. Of these purchases, 320,296 shares at an average price of $8.86 per share, for an aggregate amount of $2.8 million, were purchased under the 2018 Share Repurchase Plan. During the fiscal year ended February 3, 2018, the Company purchased and held 934,031 shares at an average price of $8.47 per share, excluding commissions, for an aggregate amount of $7.9 million, under the 2015 Share Repurchase Program. As of February 1, 2020, there was $35.8 million remaining available to repurchase shares of the Company’s common stock under the 2018 Share Repurchase Program. As of February 1, 2020, the Company held as treasury shares 8,011,372 shares of its common stock at an average price of $13.00 per share, excluding commissions, for an aggregate carrying amount of $104.2 million. The Company’s treasury shares may be issued under the 2010 Equity and Incentive Plan or for other corporate purposes.

Restructuring and Other Charges

12 Months Ended

Feb. 01, 2020

Restructuring and Related Activities [Abstract]

Restructuring and Other Charges

Vision 20/20 Restructuring and Other Charges

Fifty-Three Weeks Ended February 3, 2018

Vision 20/20 Initiatives and Charges. During fiscal 2018, the Company launched its Vision 20/20 strategic plan, which involves an aggressive approach to turn around its business over the period ending in fiscal 2021. The plan is primarily focused on product and pricing initiatives, as well as selling, general, and administrative (“SG&A”) expense reduction initiatives. The product and pricing initiatives include restoring the Company's full-price business by significantly reducing the amount of clearance merchandise offered on verabradley.com and in its full-line stores, streamlining current product offerings by eliminating unproductive or incongruent categories and SKUs from its assortment, and introducing tighter guardrails around new product categories, patterns, and pricing.

The SG&A expense reductions include right-sizing the Company’s corporate infrastructure to better align with the size of the business, optimizing marketing spending by focusing on efficiencies, and taking a more aggressive stance on closing underperforming full-line stores. These SG&A expense reductions began in the third quarter of fiscal 2018, largely aimed at right-sizing the corporate infrastructure. The majority of the product and pricing initiatives were completed during fiscal 2019. There have been $16.7 million of pre-tax Vision 20/20-related charges ($10.6 million after the associated tax benefit) since inception, all of which were recognized during fiscal 2018. There were no Vision 20/20-related charges during the fiscal years ended February 1, 2020 and February 2, 2019.

The Company incurred the following Vision 20/20-related charges during the fiscal year ended February 3, 2018 (in thousands):



	Fiscal 2018
	Statements of Income Line Item				Total Expense			Reportable Segment				Unallocated Corporate Expenses
	SG&A		Cost of Sales		Total Expense			Direct		Indirect		Unallocated Corporate Expenses
Asset impairment charges ⁽¹⁾	$	6,298	$	—	$	6,298		$	6,298	$	—	$	—
Strategic consulting charges ⁽²⁾	4,649		—		4,649			—		—		4,649
Severance charges	3,867		199		4,066			826		1,184		2,056
Inventory-related charges ⁽³⁾	—		935		935			—		935		—
Other charges ⁽⁴⁾	751		—		751			466		230		55
Total	$	15,565	$	1,134	$	16,699	⁽⁵⁾	$	7,590	$	2,349	$	6,760

(1)Refer to Note 5 herein for additional details
(2) Consulting charges for the identification and implementation of Vision 20/20 initiatives
(3) Inventory adjustments for the discontinuation of certain inventory categories
(4)Includes a net lease termination charge ($399 recognized within the Direct segment) and accelerated depreciation charges and other charges ($67 recognized within the Direct segment, $230 recognized within the Indirect segment, and $55 recognized within corporate unallocated expenses)
(5) After the associated tax benefit, the charges totaled $10.6 million

A summary of charges and related liabilities associated with the Vision 20/20 initiatives are as follows (in thousands):



	Asset Impairment Charges			Strategic Consulting Charges			Severance Charges			Inventory-Related Charges			Other Charges			Total
Fiscal 2018 charges	$	6,298		$	4,649		$	4,066		$	935		$	751		$	16,699
Cash payments	—			(4,649		)	(2,508		)	—			(411		)	(7,568		)
Non-cash charges	(6,298		)	—			—			(935		)	(340		)	(7,573		)
Liability as of February 3, 2018⁽¹⁾	$	—		$	—		$	1,558		$	—		$	—		$	1,558

(1) The remaining liability as of fiscal 2018 was associated with severance charges and is included within accrued employment costs in the Consolidated Balance Sheets. The remaining liability as of fiscal 2018 was paid during fiscal 2019 and there were no additional charges during fiscal 2019.

Other Charges. Other charges recognized in selling, general, and administrative expenses during fiscal 2018, before the implementation of Vision 20/20, totaled $2.8 million ($1.7 million after the associated tax benefit). These pre-tax charges consisted of $2.5 million in severance charges (recognized within corporate unallocated expenses) and $0.3 million for a net lease termination charge (recognized within the Direct segment).

Other charges recognized in tax expense during fiscal 2018 totaled $2.1 million related to the Tax Cuts and Jobs Act further described in Note 7 herein.

Investments

12 Months Ended

Feb. 01, 2020

Schedule of Investments [Abstract]

Investments

The Company held $9.0 million and $19.4 million in short-term investments as of February 1, 2020 and February 2, 2019, respectively. The following table summarizes the Company’s short-term investments (in thousands):



	February 1, 2020		February 2, 2019
U.S. corporate debt securities	$	3,435	$	5,769
Commercial paper	2,489		498
Municipal securities	1,594		4,190
Non-U.S. corporate debt securities	1,136		5,808
U.S. asset-backed securities	323		—
U.S. treasury securities	—		3,116
Total short-term investments	$	8,977	$	19,381

The Company held $14.9 million and $23.7 million in long-term investments as of February 1, 2020 and February 2, 2019, respectively. The following table summarizes the Company’s long-term investments (in thousands):



	February 1, 2020		February 2, 2019
U.S. corporate debt securities	$	5,613	$	9,499
U.S. asset-back securities	5,498		7,169
Non-U.S. corporate debt securities	2,409		4,675
Other foreign securities	810		—
Non-U.S. asset-backed securities	582		1,127
Municipal securities	—		1,265
Total long-term investments	$	14,912	$	23,735

There were no material gross unrealized gains or losses on available-for-sale debt securities as of February 1, 2020 and February 2, 2019.

Acquisition of Pura Vida

12 Months Ended

Feb. 01, 2020

Business Combinations [Abstract]

Acquisition of Pura Vida

On July 16, 2019, the Company completed its acquisition of a seventy-five percent (75%) ownership interest in Creative Genius, Inc. or “Pura Vida” (the “Transaction”) in exchange for cash consideration of approximately $75.0 million. During the third quarter of fiscal 2020, the Company provided additional cash consideration of approximately $3.0 million for a working capital adjustment. Additional measurement period adjustments were recorded for conditions that existed as of the acquisition date. Pura Vida, based in La Jolla, California, is a digitally native lifestyle brand that we believe deeply resonates with its loyal consumer following. The Pura Vida brand has a differentiated and expanding offering of bracelets, jewelry, and other lifestyle accessories. The Company believes that the acquisition will strengthen the Company by providing increased product diversification and future growth opportunities partially as a result of resource and knowledge-sharing.

In accordance with the Interest Purchase Agreement, the Company also agreed to a contingent payment of up to $22.5 million based on calendar year 2019 adjusted EBITDA of Pura Vida, as defined in the Interest Purchase Agreement. This contingent payment is recorded as an earn-out liability on the Company’s Consolidated Balance Sheets at its estimated amount payable of $18.4 million. Subsequent to the end of the fiscal year, the Company paid the earn-out liability. The Company’s existing available cash, cash equivalents, and investments funded the purchase price due at the closing of the Transaction and subsequent to the closing. Pre-tax Transaction costs totaled $2.7 million for the fiscal year ended ended February 1, 2020. These costs are recorded within selling, general, and administrative expenses in the Consolidated Statements of Operations and within corporate unallocated expenses.

On July 16, 2019, as contemplated by the Interest Purchase Agreement, the Company and certain of its subsidiaries and the owners of the remaining twenty-five percent (25%) ownership interest in Pura Vida which was not acquired by the Company entered into a Put/Call Agreement. Refer to Note 2 herein for additional information regarding the Put/Call Agreement.

The following preliminary schedule summarizes the consideration paid for Pura Vida, the fair value of the assets acquired and liabilities assumed, the fair value of the noncontrolling interest, and the fair value of the contingent consideration related to the earn-out provision. The accounting for the acquisition is preliminary as the Company has not yet finalized the valuation of the aforementioned items.



in thousands	Fair Value at Acquisition Date			Measurement Period Adjustments			Adjusted Fair Value at Acquisition Date
Cash and cash equivalents	$	1,495					$	1,495
Accounts receivable, net⁽⁵⁾	8,673			(993		)	7,680
Inventories⁽¹⁾	27,643			11			27,654
Prepaid expenses and other current assets	1,537						1,537
Operating right of use asset	1,250						1,250
Property, plant, and equipment, net	751						751
Goodwill⁽²⁾	41,310			2,944			44,254
Intangible asset, brand⁽³⁾	36,668						36,668
Other intangible assets⁽⁴⁾	25,283			(287		)	24,996
Total assets acquired	144,610			1,675			146,285

Accounts payable	6,818						6,818
Accrued employment costs	2,351						2,351
Other accrued liabilities⁽⁵⁾	6,637						6,637
Operating lease liability	1,659			(22		)	1,637
Total liabilities assumed	17,465			(22		)	17,443

Less:
Contingent consideration related to earn-out provision⁽⁶⁾	(20,854		)	756			(20,098		)
Redeemable noncontrolling interest	(31,786		)	(424		)	(32,210		)
Cash acquired	(1,495		)				(1,495		)

Total closing consideration amount, net of cash acquired⁽⁷⁾	$	73,010		$	2,029		$	75,039

(1) Includes an $8.3 million step-up adjustment which was recognized in cost of sales during the four months following the acquisition. Inventories were valued using the cost approach. The significant assumptions used for the valuation include inventory balances, projected gross and operating margins, and cost and time to dispose (sell) inventory on hand.
(2) Refer to Notes 2 and 18 herein for additional information regarding goodwill.
(3) The brand intangible asset was valued using the relief-from-royalty method. The significant assumptions used for the valuation include the royalty rate, estimated projected revenues, the long-term growth rate, and the discount rate. Refer to Note 18 herein for additional information regarding intangible assets.
(4) Other intangible assets include customer relationships and non-competition agreements. Customer relationships were valued using the multi-period excess earnings method. Significant assumptions used for the valuation include projected cash flows, the discount rate, and the customer attrition rate. The non-competition agreements were valued using the with-or-without method. Significant assumptions used for the valuation include projected cash flows, probability of competition, impact of competition on business, and the discount rate. Refer to Note 18 herein for additional information regarding intangible assets.
(5) Includes $4.1 million related to an indemnified liability.
(6) Contingent consideration related to the earn-out provision was valued using a Monte Carlo simulation in order to forecast the value of the potential future payment. Significant assumptions used for the valuation include the discount rate, projected cash flows, and calculated volatility.
(7) Of the total $75.0 million closing consideration, $1.0 million is due to be paid to the Company through a working capital adjustment. This $1.0 million is recorded within Accounts Receivable, net on the Consolidated Balance Sheet. Cash consideration paid during fiscal 2020 totaled $76.0 million.

The operations of Pura Vida are recorded in the Company’s Consolidated Statements of Operations for the fiscal year ended February 1, 2020, beginning on July 17, 2019, which represents the first full day following the acquisition. As such, the Company’s financial statements are not comparable with the prior-year period presented. Refer to Note 19 herein for segment-level financial information associated with Pura Vida. The following unaudited pro forma financial information is intended to provide a sense for what the Company's operating results may have been if the Pura Vida acquisition had occurred at the beginning of fiscal 2019. The pro forma financial information is not indicative of the results that would have been reflected had the transaction actually occurred as of that date, nor is it necessarily indicative of the Company’s future results. The financial information includes expense related to supplemental officer wages and fully indemnified state sales tax matters for time periods before the acquisition date. The Company does not expect these items to have a continuing impact on its consolidated financial statements. The following adjustments have been made:


•	Short-term purchase accounting items, such as the inventory step-up adjustment and earn-out liability adjustment, have been excluded due to their non-recurring nature;


•	Definite-lived intangible amortization that exceeds one year has been reflected as if it occurred at the beginning of fiscal 2019;

•Transaction costs have been excluded; and

•Tax expense has been estimated at a statutory rate of 25.0%.



	Fifty-Two Weeks Ended
in thousands, except per share data	February 1, 2020		February 2, 2019
Pro forma net revenues	$	538,576	$	484,376
Pro forma net income	23,786		16,708
Pro forma net income attributable to Vera Bradley, Inc.	22,193		18,081

Pro forma basic net income per share attributable to Vera Bradley, Inc.	$	0.65	$	0.51
Pro forma diluted net income per share attributable to Vera Bradley, Inc.	$	0.65	$	0.51

Intangible Assets and Goodwill

12 Months Ended

Feb. 01, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets and Goodwill

The following table details the carrying value of the Company’s intangible assets other than goodwill related to the acquisition of a majority interest in Pura Vida. The prior-year period did not include intangible assets or goodwill. The valuation of the intangible assets and goodwill is preliminary and additional adjustments may be reflected during the measurement period.



	February 1, 2020
in thousands	Gross Basis		Accumulated Amortization⁽¹⁾			Carrying Amount
Definite-lived intangible assets
Customer Relationships	$	24,208	$	(5,274	)	$	18,934
Non-competition Agreements	788		(85		)	703
Total definite-lived intangible assets	24,996		(5,359		)	19,637

Indefinite-lived intangible asset
Pura Vida Brand	36,668		—			36,668

Total intangible assets, excluding goodwill	$	61,664	$	(5,359	)	$	56,305

(1) Amortization expense is recorded within the Pura Vida segment.

The provisional weighted-average amortization period for the definite-lived intangible assets in total is 3.6 years. The provisional weighted-average amortization period is 3.6 years and 5.0 years for customer relationships and non-competition agreements, respectively. The provisional amortization expense for intangible assets is as follows (in thousands):



	Amortization Expense
Fiscal 2021	$	9,009
Fiscal 2022	3,073
Fiscal 2023	3,073
Fiscal 2024	3,073
Fiscal 2025	1,409
Total	$	19,637

The total amount of the provisional goodwill as of February 1, 2020, was $44.3 million recorded within the Pura Vida segment upon acquisition. Goodwill is expected to be deductible for tax purposes, limited to the Company's 75% majority ownership interest. Refer to Note 2 and 16 herein for addition information regarding goodwill. Changes in goodwill for the fiscal year ended February 1, 2020, were as follows (in thousands):



Balance at February 2, 2019	$	—
Goodwill at acquisition	41,310
Measurement period adjustment	2,944
Balance at February 1, 2020	$	44,254

Redeemable Noncontrolling Interest

12 Months Ended

Feb. 01, 2020

Temporary Equity Disclosure [Abstract]

Redeemable Noncontrolling Interest

Redeemable noncontrolling interest represents the remaining twenty-five percent (25%) interest in Pura Vida not acquired by the Company. Refer to Note 2 herein for additional information.

Changes in redeemable noncontrolling interest for the fifty-two weeks ended February 1, 2020, were as follows (in thousands):



Balance at February 2, 2019	$	—
Fair value of noncontrolling interest at acquisition	31,786
Fair value measurement period adjustment	424
Net loss attributable to redeemable noncontrolling interest	(803		)
Distributions to redeemable noncontrolling interest	(1,789		)
Adjustment to redemption value	431
Balance at February 1, 2020	$	30,049

Segment Reporting

12 Months Ended

Feb. 01, 2020

Segment Reporting [Abstract]

Segment Reporting

The Company has three operating segments, which are also its reportable segments: VB Direct, VB Indirect, and Pura Vida. These operating segments are components of the Company for which separate financial information is available and for which operating results are evaluated on a regular basis by the chief operating decision maker in deciding how to allocate resources and in assessing the performance of the segments.

The VB Direct segment includes Vera Bradley full-line and factory outlet stores, the Vera Bradley website, verabradley.com, the Vera Bradley online outlet site, and the Vera Bradley annual outlet sale. Revenues generated through this segment are driven through the sale of Vera Bradley-branded products from Vera Bradley to end consumers.

The VB Indirect segment represents revenues generated through the distribution of Company-branded products to specialty retailers representing approximately 2,200 locations, substantially all of which are located in the United States, as well as select department stores, national accounts, third-party e-commerce sites, third-party inventory liquidators, and licensing agreements related to the Vera Bradley brand. No customer accounted for 10% or more of the Company’s net revenues during fiscal years 2020, 2019, and 2018.

The Pura Vida segment represents revenues generated through the Pura Vida websites, www.puravidabracelets.com and www.puravidabracelets.eu, and through the distribution of Pura Vida-branded products to wholesale retailers, substantially all of which are located in the United States.

Corporate costs represent the Company’s administrative expenses, which include, but are not limited to: human resources, legal, finance, information technology, design, product development, merchandising, corporate-level marketing and advertising, and various other corporate-level-activity-related expenses not directly attributable to a reportable segment. All intercompany-related activities are eliminated in consolidation and are excluded from the segment reporting.

Company management evaluates segment operating results based on several indicators. The primary or key performance indicators for each segment are net revenues and operating income. The table below represents key financial information for each of the Company’s operating and reportable segments: VB Direct, VB Indirect, and Pura Vida.

The accounting policies of the segments are the same as those described in Note 2. The Company does not report depreciation or amortization expense, total assets, or capital expenditures by segment as such information is neither used by management nor accounted for at the segment level.

Net revenues and operating income information for the Company’s reportable segments consisted of the following (in thousands):



	Fiscal Year Ended
	February 1, 2020			February 2, 2019			February 3, 2018
Segment net revenues:
VB Direct	$	347,484		$	328,034		$	351,786
VB Indirect	81,811			88,063			102,862
Pura Vida	65,917			—			—
Total	$	495,212		$	416,097		$	454,648
Segment operating income (loss):
VB Direct	$	68,505		$	67,862		$	60,979
VB Indirect	31,077			34,500			34,763
Pura Vida	(3,179		)	—			—
Total	$	96,403		$	102,362		$	95,742
Reconciliation:
Segment operating income	$	96,403		$	102,362		$	95,742
Less:
Unallocated corporate expenses	(76,929		)	(75,261		)	(80,761		)
Operating income	$	19,474		$	27,101		$	14,981

Sales outside of the United States were immaterial for all periods presented.

Revenues from external customers for Vera Bradley brand products are attributable to sales of bags, travel, accessories, and home items. Other revenues from Vera Bradley external customers primarily include revenues associated with our apparel/footwear, stationery, freight, licensing, merchandising, and gift card breakage.

Revenues from external customers for Pura Vida brand products are attributable to sales of accessories. Other revenues from Pura Vida external customers include revenues associated with freight.

Refer to Note 3 herein for disaggregation of net revenues by reportable segment for fiscal 2020 and fiscal 2019.

Net revenues by product categories are as follows (in thousands):



	Fiscal Year Ended
	February 1, 2020		February 2, 2019		February 3, 2018
Net revenues:
Bags	$	177,715	$	170,881	$	184,773
Accessories	155,200		92,794		100,246
Travel	108,444		107,513		118,655
Home	35,690		29,603		30,819
Other	18,163		15,306		20,155
Total	$	495,212	$	416,097	$	454,648

As of February 1, 2020 and February 2, 2019, substantially all of the Company’s long-lived assets were located in the United States.

Quarterly Financial Information (Unaudited)

12 Months Ended

Feb. 01, 2020

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Information (Unaudited)

The tables below set forth selected quarterly financial data for each of the last two fiscal years (in thousands, except per share data). Each of the quarters presented was thirteen weeks in duration.



	Fiscal Year Ended February 1, 2020
	First Quarter ⁽¹⁾			Second Quarter ⁽²⁾		Third Quarter ⁽³⁾			Fourth Quarter ⁽⁴⁾
	(unaudited)			(unaudited)		(unaudited)			(unaudited)
Net revenues	$	91,003		$	119,785	$	127,501		$	156,923
Gross profit	50,468			67,333		67,870			86,130
Operating (loss) income	(3,645		)	7,348		(1,476		)	17,247
Net (loss) income	(2,405		)	5,718		(982		)	12,913
Net (loss) income attributable to Vera Bradley, Inc.	(2,405		)	5,854		139			12,459
Basic net (loss) income per share attributable to Vera Bradley, Inc.	(0.07		)	0.17		0.00			0.37
Diluted net (loss) income per share attributed to Vera Bradley, Inc.	(0.07		)	0.17		0.00			0.37


(1)	Includes $0.8 million ($0.6 million after the associated tax benefit) for Pura Vida transaction costs. Refer to Note 16 herein for additional information.

(2)

Pura Vida operating results included beginning July 17, 2019, the first full business day following the acquisition of a majority interest. Includes $1.9 million of Pura Vida transaction costs, Pura Vida purchase accounting adjustments of $1.4 million (consisting of inventory step-up amortization and intangible asset amortization), and $0.7 million of technology re-platforming charges ($2.9 million collectively attributable to Vera Bradley, Inc. after the associated tax benefit). Refer to Note 16 herein for additional information regarding the Pura Vida acquisition.

(3)

Includes Pura Vida purchase accounting adjustments of $10.5 million (consisting of inventory step-up amortization, intangible asset amortization, and accretion expense associated with the earn-out liability), and $1.1 million of technology re-platforming charges ($6.8 million collectively attributable to Vera Bradley, Inc. after the associated tax benefit). Refer to Note 16 herein for additional information regarding the Pura Vida acquisition.

(4)

Includes $1.6 million related to incremental stock-based compensation associated with Pura Vida performance and Pura Vida transaction bonuses, $1.2 million of technology re-platforming charges, and Pura Vida purchase accounting net adjustments of $0.1 million (consisting of intangible asset amortization and inventory step-up amortization, partially offset by an adjustment to reduce the earn-out liability). The adjustments totaled $1.9 million collectively attributable to Vera Bradley, Inc. after the associated tax benefit. Refer to Note 16 herein for additional information regarding the Pura Vida acquisition.



	Fiscal Year Ended February 2, 2019
	First Quarter			Second Quarter		Third Quarter		Fourth Quarter
	(unaudited)			(unaudited)		(unaudited)		(unaudited)
Net revenues	$	86,591		$	113,625	$	97,688	$	118,193
Gross profit	48,616			65,740		57,152		67,079
Operating (loss) income	(1,912		)	12,016		5,343		11,654
Net (loss) income	(1,370		)	9,282		4,226		8,619
Net (loss) income attributable to Vera Bradley, Inc.	(1,370		)	9,282		4,226		8,619
Basic net (loss) income per share attributable to Vera Bradley, Inc.	(0.04		)	0.26		0.12		0.25
Diluted net (loss) income per share attributed to Vera Bradley, Inc.	(0.04		)	0.26		0.12		0.25

Information in any one quarterly period should not be considered indicative of annual results due to the effect of seasonality of the business.

Subsequent Event	12 Months Ended
Subsequent Event	Feb. 01, 2020
Subsequent Events [Abstract]
Subsequent Event	Subsequent Event The recent COVID-19 pandemic has resulted in global travel restrictions and community and self quarantines. The Company has temporarily closed its Vera Bradley full-line and factory outlet stores. The stores are currently closed through April 4, 2020; however, some or all of the closures will likely continue beyond this date. The Company has also temporarily suspended its share repurchase program and has drawn $60.0 million of its $75.0 million Credit Agreement to provide additional flexibility as a result of the pandemic. We cannot reasonably estimate the length or severity of the pandemic or its results on the Company’s liquidity, results of operations, and financial condition, which could have a material adverse effect.

Description of the Company (Policies)	12 Months Ended
Description of the Company (Policies)	Feb. 01, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Consolidation, Policy [Policy Text Block]	Principles of Consolidation The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries, and its majority owned subsidiary, Pura Vida beginning on July 17, 2019. The Company has eliminated intercompany balances and transactions in consolidation.
Fiscal Period, Policy [Policy Text Block]	Fiscal Periods The Company utilizes a 52-53 week fiscal year ended on the Saturday closest to January 31. As such, fiscal years 2020 and 2019, ending on February 1, 2020 and February 2, 2019, respectively, each reflected a 52-week period. Fiscal year 2018 ending on February 3, 2018 reflected a 53-week period

Summary of Significant Accounting Policies Summary of Significant Accounting Policies (Policies)

12 Months Ended

Feb. 01, 2020

Accounting Policies [Abstract]

Use of Significant Estimates

Cash and Cash Equivalents

Cash and cash equivalents represent cash on hand, deposits with financial institutions, and investments with an original maturity of three months or less.

Inventories

Property, Plant, and Equipment

Property, plant, and equipment are carried at cost and depreciated or amortized over the following estimated useful lives using the straight-line method:



	Buildings and building improvements ..............................................	39.5 years
	Land improvements ...........................................................................	5 – 15 years
	Furniture and fixtures, and leasehold improvements ........................	3 – 10 years
	Equipment .........................................................................................	7 years
	Vehicles .............................................................................................	5 years
	Computer equipment and software ...................................................	3 – 5 years

Routine maintenance and repair costs are expensed as incurred.

Revenue Recognition and Accounts Receivable

The returns and credits reserve and the related activity for each fiscal year presented were as follows (in thousands):



	Balance at Beginning of Year		Provision Charged to Net Revenues		Allowances Taken / Written Off			Balance at End of Year
Fiscal year ended February 1, 2020	$	1,911	$	15,467	$	(16,016	)	$	1,362
Fiscal year ended February 2, 2019	2,695		17,946		(18,730		)	1,911
Fiscal year ended February 3, 2018	5,360		23,504		(26,169		)	2,695

Cost of Sales

Operating Leases and Tenant-Improvement Allowances

Operating Leases

Store Pre-Opening, Occupancy, and Operating Costs

Business Combination

Goodwill and Other Intangible Assets

Redeemable Noncontrolling Interest

Stock-Based Compensation

Other Income and Advertising Costs

Total advertising expense was as follows (in thousands):



Fiscal year ended February 1, 2020 ⁽¹⁾	$	46,460
Fiscal year ended February 2, 2019	27,488
Fiscal year ended February 3, 2018	26,953
(1) Increase primarily as a result of the inclusion of Pura Vida beginning July 17, 2019.

Total recovery from VB Indirect retailers was as follows (in thousands):



Fiscal year ended February 1, 2020	$	118
Fiscal year ended February 2, 2019	80
Fiscal year ended February 3, 2018	367

Debt-Issuance Costs

Fair Value of Financial Instruments

•Level 1 – Quoted prices in active markets for identical assets or liabilities;

•Level 2 – Inputs, other than the quoted prices in active markets, that are observable either directly or indirectly;

•Level 3 – Unobservable inputs based on the Company’s own assumptions.

The classification of fair value measurements within the hierarchy is based upon the lowest level of input that is significant to the measurement.

Income Taxes

Recently Issued Accounting Pronouncements

Recently Adopted Accounting Pronouncements



Practical Expedient Package	The Company elected the practical expedient package and did not re-assess whether a contract was or contained a lease; did not re-assess lease classification as an operating or financing lease for expired or existing leases; and did not re-assess whether a lease contained initial direct costs for expired or existing leases.
Hindsight	The Company did not elect the hindsight practical expedient, which allows for hindsight when assessing the lease term and impairment of right-of-use assets.

Refer to Note 4 herein for additional information regarding ASC Topic 842, including details of practical expedients related to policy elections.

Recently Issued Accounting Pronouncements Not Yet Adopted

Summary of Significant Accounting Policies (Tables)

12 Months Ended

Feb. 01, 2020

Accounting Policies [Abstract]

Components of Inventories

The components of inventories were as follows:



	February 1, 2020		February 2, 2019
Raw materials⁽¹⁾	$	1,056	$	—
Finished goods	122,550		91,581
Total inventories	$	123,606	$	91,581
(1) Relates solely to Pura Vida operations.

Schedule of Estimated Useful Lives

Property, plant, and equipment are carried at cost and depreciated or amortized over the following estimated useful lives using the straight-line method:



	Buildings and building improvements ..............................................	39.5 years
	Land improvements ...........................................................................	5 – 15 years
	Furniture and fixtures, and leasehold improvements ........................	3 – 10 years
	Equipment .........................................................................................	7 years
	Vehicles .............................................................................................	5 years
	Computer equipment and software ...................................................	3 – 5 years

Schedule of Returns and Credits Reserve and Related Activity

The returns and credits reserve and the related activity for each fiscal year presented were as follows (in thousands):



	Balance at Beginning of Year		Provision Charged to Net Revenues		Allowances Taken / Written Off			Balance at End of Year
Fiscal year ended February 1, 2020	$	1,911	$	15,467	$	(16,016	)	$	1,362
Fiscal year ended February 2, 2019	2,695		17,946		(18,730		)	1,911
Fiscal year ended February 3, 2018	5,360		23,504		(26,169		)	2,695

Schedule of Total Advertising Expense

Total advertising expense was as follows (in thousands):



Fiscal year ended February 1, 2020 ⁽¹⁾	$	46,460
Fiscal year ended February 2, 2019	27,488
Fiscal year ended February 3, 2018	26,953
(1) Increase primarily as a result of the inclusion of Pura Vida beginning July 17, 2019.

Schedule of Total Recovery from Indirect Retailers

Total recovery from VB Indirect retailers was as follows (in thousands):



Fiscal year ended February 1, 2020	$	118
Fiscal year ended February 2, 2019	80
Fiscal year ended February 3, 2018	367

Schedule of Fair Value Measurement, Assets Measured on Recurring Basis

The following table details the fair value measurements of the Company’s investments as of February 1, 2020 and February 2, 2019 (in thousands):



	Level 1				Level 2				Level 3
	February 1, 2020		February 2, 2019		February 1, 2020		February 2, 2019		February 1, 2020		February 2, 2019
Cash equivalents ⁽¹⁾	$	27	$	2,169	$	2,198	$	6,493	$	—	$	—
Short-term investments:
U.S. corporate debt securities	—		—		3,435		5,769		—		—
Commercial paper	—		—		2,489		498		—		—
Municipal securities	—		—		1,594		4,190		—		—
Non-U.S. corporate debt securities	—		—		1,136		5,808		—		—
U.S. asset-backed securities	—		—		323		—		—		—
U.S. treasury securities	—		3,116		—		—		—		—
Long-term investments:
U.S. corporate debt securities	—		—		5,613		9,499		—		—
U.S. asset-backed securities	—		—		5,498		7,169		—		—
Non-U.S. corporate debt securities	—		—		2,409		4,675		—		—
Other foreign securities	—		—		810		—		—		—
Non-U.S. asset-backed securities	—		—		582		1,127		—		—
Municipal securities	—		—		—		1,265		—		—

(1) Cash equivalents include commercial paper and a money market fund that have a maturity of three months or less at the date of purchase. Due to their short maturity, the Company believes the carrying value approximates fair value.

Revenue from Contracts with Customers (Tables)

12 Months Ended

Feb. 01, 2020

Revenue from Contract with Customer [Abstract]

Schedule of New Accounting Pronouncements and Changes in Accounting Principles



	February 2, 2019
	As Reported		Adjustments			Balances Under Prior U.S. GAAP
Consolidated Balance Sheet
Accounts receivable, net	$	15,604	$	(2,497	)	$	13,107
Inventories	91,581		906			92,487
Income taxes receivable	809		265			1,074
Total current assets	252,468		(1,326		)	251,142
Deferred income taxes	6,724		106			6,830
Total assets	362,148		(1,220		)	360,928
Other accrued liabilities	13,482		(156		)	13,326
Total current liabilities	43,556		(156		)	43,400
Total liabilities	67,445		(156		)	67,289
Retained earnings	291,994		(1,064		)	290,930
Total shareholders’ equity	294,703		(1,064		)	293,639
Total liabilities and shareholders’ equity	362,148		(1,220		)	360,928



	Fifty-Two Weeks Ended
	February 2, 2019
	As Reported		Adjustments			Amounts Under Prior U.S. GAAP
Consolidated Statement of Operations
Net revenues	$	416,097	$	(1,478	)	$	414,619
Cost of sales	177,510		(655		)	176,855
Gross profit (loss)	238,587		(823		)	237,764
Operating income (loss)	27,101		(823		)	26,278
Income (loss) before income taxes	28,226		(823		)	27,403
Income tax expense (benefit)	7,469		(213		)	7,256
Net income (loss)	20,757		(610		)	20,147



	Fifty-Two Weeks Ended
	February 2, 2019
	As Reported			Adjustments			Amounts Under Prior U.S. GAAP
Consolidated Statement of Cash Flows
Cash flows from operating activities
Net income (loss)	$	20,757		$	(610	)	$	20,147
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Deferred income taxes	(1,497		)	52			(1,445		)
Changes in assets and liabilities:
Accounts receivable	438			1,837			2,275
Inventories	(3,994		)	(655		)	(4,649		)
Income taxes	4,933			(265		)	4,668
Accrued and other liabilities	94			(359		)	(265		)

Disaggregation of Revenue

The following presents the Company's net revenues disaggregated by product category for the fifty-two weeks ended February 1, 2020 and February 2, 2019 (in thousands):



	Fifty-Two Weeks Ended
	February 1, 2020
	VB Direct Segment			VB Indirect Segment			Pura Vida Segment			Total
Product categories
Bags	$	136,509		$	41,206		$	—		$	177,715
Travel	91,732			16,712			—			108,444
Accessories	75,162			15,470			64,568			155,200
Home	32,987			2,703			—			35,690
Other	11,094		⁽¹⁾	5,720		⁽²⁾	1,349		⁽³⁾	18,163
Total net revenues	$	347,484	⁽⁴⁾	$	81,811	⁽⁵⁾	$	65,917	⁽⁴⁾	$	495,212

(1) Primarily includes net revenues from apparel/footwear, stationery, freight, and gift card breakage.
(2) Primarily includes net revenues from licensing agreements, freight, apparel/footwear, and merchandising.
(3) Related to freight.
(4) Net revenues were related to product sales recognized at a point in time.
(5) $78.0 million of net revenues related to product sales recognized at a point in time and $3.8 million of net revenues related to sales-based royalties recognized over time.



	Fifty Two Weeks Ended
	February 2, 2019
	VB Direct Segment			VB Indirect Segment			Pura Vida Segment		Total
Product categories
Bags	$	128,255		$	42,626		$	—	$	170,881
Travel	87,746			19,767			—		107,513
Accessories	75,751			17,043			—		92,794
Home	26,846			2,757			—		29,603
Other	9,436		⁽¹⁾	5,870		⁽²⁾	—		15,306
Total net revenues	$	328,034	⁽³⁾	$	88,063	⁽⁴⁾	$	—	$	416,097

(1) Primarily includes net revenues from stationery, apparel/footwear, freight, and gift card breakage.
(2) Primarily includes net revenues from licensing agreements, freight, apparel/footwear, and merchandising.
(3) Net revenues were related to product sales recognized at a point in time.
(4) $84.5 million of net revenues related to product sales recognized at a point in time and $3.6 million of net revenues related to sales-based royalties recognized over time.

Leases (Tables)

12 Months Ended

Feb. 01, 2020

Leases [Abstract]

Leases, Practical Expedients

The Company has elected the following practical expedients as policy elections upon the adoption of ASC Topic 842.



Short-Term Leases	The Company elected to exclude leases with a term of 12 months or less from recognition on the balance sheet for all leases.
Not Separating Lease and Nonlease Components	The Company elected to combine lease and nonlease components and recognize as a single lease component for all leases.

Schedule of Lease, Cost

ease expense is recorded within cost of sales for the Asia sourcing office and certain equipment leases and within selling, general, and administrative expenses for all other leases, including retail store leases, in the Company's Consolidated Statement of Operations for the fiscal year ended February 1, 2020 (in thousands):



	Fifty-Two Weeks Ended
	February 1, 2020
Operating lease cost	$	28,808
Variable lease cost	9,266
Short-term lease cost	576
Total lease cost	$	38,650

Supplemental operating cash flow information

Supplemental operating cash flow information was as follows (in thousands):



	Fifty-Two Weeks Ended
	February 1, 2020
Cash paid for amounts included in the measurement of operating lease liabilities	$	32,702
Right-of-use assets increase as a result of new and modified operating lease liabilities, net	$	10,850

Maturity Analysis of Operating Lease Liabilities

Maturities of the Company's operating lease liabilities (undiscounted) reconciled to its lease liability as of February 1, 2020 were as follows (in thousands):



	Operating Leases
Fiscal 2021	$	27,531
Fiscal 2022	29,215
Fiscal 2023	25,268
Fiscal 2024	22,054
Fiscal 2025	19,059
Thereafter	34,934
Total remaining obligations	158,061
Less: Interest	(22,939		)
Present value of lease liabilities	$	135,122

Schedule of Future Minimum Rental Payments for Operating Leases



	Operating Leases
Fiscal 2020	$	32,658
Fiscal 2021	32,017
Fiscal 2022	29,707
Fiscal 2023	25,933
Fiscal 2024	22,250
Thereafter	45,099
Total remaining minimum lease payments	$	187,664

Property, Plant, and Equipment (Tables)

12 Months Ended

Feb. 01, 2020

Property, Plant and Equipment [Abstract]

Schedule of Property, Plant, and Equipment

Property, plant, and equipment consisted of the following (in thousands):



	February 1, 2020			February 2, 2019
Land and land improvements	$	5,981		$	5,981
Building and building improvements	46,233			46,233
Furniture, fixtures, leasehold improvements, computer equipment and software	116,238			112,316
Equipment and vehicles	21,205			21,002
Construction in progress	6,002			1,699
	195,659			187,231
Less: Accumulated depreciation and amortization	(122,632		)	(109,280		)
Property, plant, and equipment, net	$	73,027		$	77,951

Depreciation and Amortization Expense Associated with Property, Plant, and Equipment

Depreciation and amortization expense associated with property, plant, and equipment, excluding impairment charges (in thousands):



Fiscal year ended February 1, 2020	$	18,447
Fiscal year ended February 2, 2019	16,540
Fiscal year ended February 3, 2018	19,570

Income Taxes (Tables)

12 Months Ended

Feb. 01, 2020

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense

The components of income tax expense were as follows (in thousands):



	February 1, 2020			February 2, 2019			February 3, 2018
Current:
Federal	$	4,509		$	7,020		$	488
Foreign	681			610			364
State	989			1,336			(628		)
	6,179			8,966			224
Deferred:
Federal	(805		)	(1,663		)	7,476
State	(59		)	166			678
	(864		)	(1,497		)	8,154
Total income tax expense	$	5,315		$	7,469		$	8,378

Schedule of Company's Income Before Income Taxes

A breakdown of the Company’s income before income taxes is as follows (in thousands):



	February 1, 2020		February 2, 2019		February 3, 2018
Domestic	$	16,267	$	24,426	$	13,666
Foreign	4,292		3,800		1,728
Total income before income taxes	$	20,559	$	28,226	$	15,394

Schedule of Reconciliation of Income Tax Expense to Amount Computed at Federal Statutory Rate

A reconciliation of income tax expense to the amount computed at the federal statutory rate is as follows (in thousands):



	February 1, 2020					February 2, 2019					February 3, 2018
Federal taxes at statutory rate	$	4,317		21.0	%	$	5,927		21.0	%	$	5,067		32.9	%
State and local income taxes, net of federal benefit	752			3.7		1,203			4.3		665			4.3
Impact related to redeemable noncontrolling interest	168			0.8		—			—		—			—
Shortfall from stock-based compensation	63			0.3		101			0.4		1,111			7.2
Impact of foreign rate differential	(210		)	(1.0	)	(188		)	(0.7	)	(247		)	(1.6	)
Change in uncertain tax positions	(17		)	(0.1	)	(17		)	(0.1	)	(632		)	(4.1	)
Change in U.S. tax rate	—			—		—			—		2,026			13.2
Deemed mandatory repatriation	—			—		—			—		345			2.2
Other	242			1.2		443			1.6		43			0.3
Total income tax expense	$	5,315		25.9	%	$	7,469		26.5	%	$	8,378		54.4	%

Schedule of Components of Deferred Taxes Assets and Liabilities.

Significant components of deferred tax assets and liabilities were as follows (in thousands):



	February 1, 2020			February 2, 2019
Deferred tax assets:
Operating lease liabilities	$	36,209		$	—
Compensation and benefits	3,021			2,912
Inventories	1,317			1,753
Deferred credits from landlords	—			6,922
Other	1,890			1,241
Total deferred tax assets	42,437			12,828
Deferred tax liabilities:
Operating lease assets	(30,620		)	—
Property, plant, and equipment	(2,656		)	(3,859		)
Other	(1,505		)	(2,245		)
Total deferred tax liabilities	(34,781		)	(6,104		)
Net deferred tax assets	$	7,656		$	6,724

Schedule of Reconciliation of Beginning and Ending Gross Amount of Unrecognized Tax Benefits

A reconciliation of the beginning and ending gross amount of unrecognized tax benefits (excluding interest and penalties) is as follows (in thousands):



	February 1, 2020			February 2, 2019			February 3, 2018
Beginning balance	$	83		$	104		$	877
Net increases in unrecognized tax benefits as a result of current year activity	11			44			—
Lapse of statute of limitations	(35		)	(65		)	(106		)
Net increases in unrecognized tax benefits as a result of prior year activity	—			—			210
Reductions for tax positions of prior years	—			—			(877		)
Ending balance	$	59		$	83		$	104

Stock-Based Compensation (Tables)

12 Months Ended

Feb. 01, 2020

Share-based Payment Arrangement [Abstract]

Summary of Restricted-Stock Awards and Restricted-Stock Units

The following table summarizes information about restricted-stock units as of and for the year ended February 1, 2020 (units in thousands):



	Time-based Restricted Stock Units				Performance-based Restricted Stock Units
	Number of Units		Weighted- Average Grant Date Fair Value (per unit)		Number of Units		Weighted- Average Grant Date Fair Value (per unit)
Nonvested units outstanding at February 2, 2019	473		$	11.75	442		$	11.38
Granted	246		12.94		171		13.10
Change due to performance condition achievement	—		—		111		10.59
Vested	(277	)	12.32		(50	)	19.62
Forfeited	(9	)	13.17		(3	)	9.97
Nonvested units outstanding at February 1, 2020	433		$	12.03	671		$	11.08

401(k) Profit Sharing Plan and Trust (Tables)

12 Months Ended

Feb. 01, 2020

Disclosure Profit Sharing Plan And Trust Additional Information [Abstract]

Schedule of Total Company Contributions to Plan

Total Company contributions to the plan were as follows (in thousands):



Fiscal year ended February 1, 2020	$	1,732
Fiscal year ended February 2, 2019	1,661
Fiscal year ended February 3, 2018	1,533

Related-Party Transactions (Tables)

12 Months Ended

Feb. 01, 2020

The associated expense for contributions to the Foundation, which is included in selling, general, and administrative expenses, was as follows (in thousands):



Fiscal year ended February 1, 2020	$	101
Fiscal year ended February 2, 2019	144
Fiscal year ended February 3, 2018	140

Earnings Per Share (Tables)

12 Months Ended

Feb. 01, 2020

Earnings Per Share [Abstract]

Components of Basic and Diluted Net Income Per Share

The components of basic and diluted net income per share are as follows (in thousands, except per share data):



	Fiscal Year Ended
	February 1, 2020			February 2, 2019		February 3, 2018
Numerator:
Net income	$	15,244		$	20,757	$	7,016
Less: Net loss attributable to redeemable noncontrolling interest	(803		)	—		—
Net income attributable to Vera Bradley, Inc.	$	16,047		$	20,757	$	7,016

Denominator:
Weighted-average number of common shares (basic)	33,983			35,222		35,925
Dilutive effect of stock-based awards	305			245		101
Weighted-average number of common shares (diluted)	34,288			35,467		36,026

Net income per share attributable to Vera Bradley, Inc.:
Basic	$	0.47		$	0.59	$	0.20
Diluted	$	0.47		$	0.59	$	0.19

Vision 20/20 Restructuring and Other Charges - (Tables)

12 Months Ended

Feb. 01, 2020

Restructuring and Related Activities [Abstract]

Restructuring charges

A summary of charges and related liabilities associated with the Vision 20/20 initiatives are as follows (in thousands):



	Asset Impairment Charges			Strategic Consulting Charges			Severance Charges			Inventory-Related Charges			Other Charges			Total
Fiscal 2018 charges	$	6,298		$	4,649		$	4,066		$	935		$	751		$	16,699
Cash payments	—			(4,649		)	(2,508		)	—			(411		)	(7,568		)
Non-cash charges	(6,298		)	—			—			(935		)	(340		)	(7,573		)
Liability as of February 3, 2018⁽¹⁾	$	—		$	—		$	1,558		$	—		$	—		$	1,558

(1) The remaining liability as of fiscal 2018 was associated with severance charges and is included within accrued employment costs in the Consolidated Balance Sheets. The remaining liability as of fiscal 2018 was paid during fiscal 2019 and there were no additional charges during fiscal 2019.

The Company incurred the following Vision 20/20-related charges during the fiscal year ended February 3, 2018 (in thousands):



	Fiscal 2018
	Statements of Income Line Item				Total Expense			Reportable Segment				Unallocated Corporate Expenses
	SG&A		Cost of Sales		Total Expense			Direct		Indirect		Unallocated Corporate Expenses
Asset impairment charges ⁽¹⁾	$	6,298	$	—	$	6,298		$	6,298	$	—	$	—
Strategic consulting charges ⁽²⁾	4,649		—		4,649			—		—		4,649
Severance charges	3,867		199		4,066			826		1,184		2,056
Inventory-related charges ⁽³⁾	—		935		935			—		935		—
Other charges ⁽⁴⁾	751		—		751			466		230		55
Total	$	15,565	$	1,134	$	16,699	⁽⁵⁾	$	7,590	$	2,349	$	6,760

(1)Refer to Note 5 herein for additional details
(2) Consulting charges for the identification and implementation of Vision 20/20 initiatives
(3) Inventory adjustments for the discontinuation of certain inventory categories
(4)Includes a net lease termination charge ($399 recognized within the Direct segment) and accelerated depreciation charges and other charges ($67 recognized within the Direct segment, $230 recognized within the Indirect segment, and $55 recognized within corporate unallocated expenses)
(5) After the associated tax benefit, the charges totaled $10.6 million

Investments (Tables)

12 Months Ended

Feb. 01, 2020

Schedule of Investments [Abstract]

Summary Investment Holdings [Table Text Block]

The following table summarizes the Company’s short-term investments (in thousands):



	February 1, 2020		February 2, 2019
U.S. corporate debt securities	$	3,435	$	5,769
Commercial paper	2,489		498
Municipal securities	1,594		4,190
Non-U.S. corporate debt securities	1,136		5,808
U.S. asset-backed securities	323		—
U.S. treasury securities	—		3,116
Total short-term investments	$	8,977	$	19,381

The following table summarizes the Company’s long-term investments (in thousands):



	February 1, 2020		February 2, 2019
U.S. corporate debt securities	$	5,613	$	9,499
U.S. asset-back securities	5,498		7,169
Non-U.S. corporate debt securities	2,409		4,675
Other foreign securities	810		—
Non-U.S. asset-backed securities	582		1,127
Municipal securities	—		1,265
Total long-term investments	$	14,912	$	23,735

Acquisition of Pura Vida (Tables)

12 Months Ended

Feb. 01, 2020

Business Combinations [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed



in thousands	Fair Value at Acquisition Date			Measurement Period Adjustments			Adjusted Fair Value at Acquisition Date
Cash and cash equivalents	$	1,495					$	1,495
Accounts receivable, net⁽⁵⁾	8,673			(993		)	7,680
Inventories⁽¹⁾	27,643			11			27,654
Prepaid expenses and other current assets	1,537						1,537
Operating right of use asset	1,250						1,250
Property, plant, and equipment, net	751						751
Goodwill⁽²⁾	41,310			2,944			44,254
Intangible asset, brand⁽³⁾	36,668						36,668
Other intangible assets⁽⁴⁾	25,283			(287		)	24,996
Total assets acquired	144,610			1,675			146,285

Accounts payable	6,818						6,818
Accrued employment costs	2,351						2,351
Other accrued liabilities⁽⁵⁾	6,637						6,637
Operating lease liability	1,659			(22		)	1,637
Total liabilities assumed	17,465			(22		)	17,443

Less:
Contingent consideration related to earn-out provision⁽⁶⁾	(20,854		)	756			(20,098		)
Redeemable noncontrolling interest	(31,786		)	(424		)	(32,210		)
Cash acquired	(1,495		)				(1,495		)

Total closing consideration amount, net of cash acquired⁽⁷⁾	$	73,010		$	2,029		$	75,039

(1) Includes an $8.3 million step-up adjustment which was recognized in cost of sales during the four months following the acquisition. Inventories were valued using the cost approach. The significant assumptions used for the valuation include inventory balances, projected gross and operating margins, and cost and time to dispose (sell) inventory on hand.
(2) Refer to Notes 2 and 18 herein for additional information regarding goodwill.
(3) The brand intangible asset was valued using the relief-from-royalty method. The significant assumptions used for the valuation include the royalty rate, estimated projected revenues, the long-term growth rate, and the discount rate. Refer to Note 18 herein for additional information regarding intangible assets.
(4) Other intangible assets include customer relationships and non-competition agreements. Customer relationships were valued using the multi-period excess earnings method. Significant assumptions used for the valuation include projected cash flows, the discount rate, and the customer attrition rate. The non-competition agreements were valued using the with-or-without method. Significant assumptions used for the valuation include projected cash flows, probability of competition, impact of competition on business, and the discount rate. Refer to Note 18 herein for additional information regarding intangible assets.
(5) Includes $4.1 million related to an indemnified liability.
(6) Contingent consideration related to the earn-out provision was valued using a Monte Carlo simulation in order to forecast the value of the potential future payment. Significant assumptions used for the valuation include the discount rate, projected cash flows, and calculated volatility.
(7) Of the total $75.0 million closing consideration, $1.0 million is due to be paid to the Company through a working capital adjustment. This $1.0 million is recorded within Accounts Receivable, net on the Consolidated Balance Sheet. Cash consideration paid during fiscal 2020 totaled $76.0 million.

Schedule of Business Acquisition, Pro Forma Information



	Fifty-Two Weeks Ended
in thousands, except per share data	February 1, 2020		February 2, 2019
Pro forma net revenues	$	538,576	$	484,376
Pro forma net income	23,786		16,708
Pro forma net income attributable to Vera Bradley, Inc.	22,193		18,081

Pro forma basic net income per share attributable to Vera Bradley, Inc.	$	0.65	$	0.51
Pro forma diluted net income per share attributable to Vera Bradley, Inc.	$	0.65	$	0.51

Intangible Assets and Goodwill (Tables)

12 Months Ended

Feb. 01, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Finite-Lived Intangible Assets



	February 1, 2020
in thousands	Gross Basis		Accumulated Amortization⁽¹⁾			Carrying Amount
Definite-lived intangible assets
Customer Relationships	$	24,208	$	(5,274	)	$	18,934
Non-competition Agreements	788		(85		)	703
Total definite-lived intangible assets	24,996		(5,359		)	19,637

Indefinite-lived intangible asset
Pura Vida Brand	36,668		—			36,668

Total intangible assets, excluding goodwill	$	61,664	$	(5,359	)	$	56,305

(1) Amortization expense is recorded within the Pura Vida segment.

Schedule of Indefinite-Lived Intangible Assets



	February 1, 2020
in thousands	Gross Basis		Accumulated Amortization⁽¹⁾			Carrying Amount
Definite-lived intangible assets
Customer Relationships	$	24,208	$	(5,274	)	$	18,934
Non-competition Agreements	788		(85		)	703
Total definite-lived intangible assets	24,996		(5,359		)	19,637

Indefinite-lived intangible asset
Pura Vida Brand	36,668		—			36,668

Total intangible assets, excluding goodwill	$	61,664	$	(5,359	)	$	56,305

(1) Amortization expense is recorded within the Pura Vida segment.

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

The provisional amortization expense for intangible assets is as follows (in thousands):



	Amortization Expense
Fiscal 2021	$	9,009
Fiscal 2022	3,073
Fiscal 2023	3,073
Fiscal 2024	3,073
Fiscal 2025	1,409
Total	$	19,637

Schedule of Goodwill

Changes in goodwill for the fiscal year ended February 1, 2020, were as follows (in thousands):



Balance at February 2, 2019	$	—
Goodwill at acquisition	41,310
Measurement period adjustment	2,944
Balance at February 1, 2020	$	44,254

Redeemable Noncontrolling Interest (Tables)

12 Months Ended

Feb. 01, 2020

Temporary Equity Disclosure [Abstract]

Schedule of changes in redeemable noncontrolling interest

Changes in redeemable noncontrolling interest for the fifty-two weeks ended February 1, 2020, were as follows (in thousands):



Balance at February 2, 2019	$	—
Fair value of noncontrolling interest at acquisition	31,786
Fair value measurement period adjustment	424
Net loss attributable to redeemable noncontrolling interest	(803		)
Distributions to redeemable noncontrolling interest	(1,789		)
Adjustment to redemption value	431
Balance at February 1, 2020	$	30,049

Segment Reporting (Tables)

12 Months Ended

Feb. 01, 2020

Segment Reporting [Abstract]

Schedule of Net Revenues and Operating Income Information for Reportable Segments

Net revenues and operating income information for the Company’s reportable segments consisted of the following (in thousands):



	Fiscal Year Ended
	February 1, 2020			February 2, 2019			February 3, 2018
Segment net revenues:
VB Direct	$	347,484		$	328,034		$	351,786
VB Indirect	81,811			88,063			102,862
Pura Vida	65,917			—			—
Total	$	495,212		$	416,097		$	454,648
Segment operating income (loss):
VB Direct	$	68,505		$	67,862		$	60,979
VB Indirect	31,077			34,500			34,763
Pura Vida	(3,179		)	—			—
Total	$	96,403		$	102,362		$	95,742
Reconciliation:
Segment operating income	$	96,403		$	102,362		$	95,742
Less:
Unallocated corporate expenses	(76,929		)	(75,261		)	(80,761		)
Operating income	$	19,474		$	27,101		$	14,981

Net Revenues by Product Category

Net revenues by product categories are as follows (in thousands):



	Fiscal Year Ended
	February 1, 2020		February 2, 2019		February 3, 2018
Net revenues:
Bags	$	177,715	$	170,881	$	184,773
Accessories	155,200		92,794		100,246
Travel	108,444		107,513		118,655
Home	35,690		29,603		30,819
Other	18,163		15,306		20,155
Total	$	495,212	$	416,097	$	454,648

Quarterly Financial Information (Unaudited) (Tables)

12 Months Ended

Feb. 01, 2020

Quarterly Financial Information Disclosure [Abstract]

Schedule of Selected Quarterly Financial Data



	Fiscal Year Ended February 1, 2020
	First Quarter ⁽¹⁾			Second Quarter ⁽²⁾		Third Quarter ⁽³⁾			Fourth Quarter ⁽⁴⁾
	(unaudited)			(unaudited)		(unaudited)			(unaudited)
Net revenues	$	91,003		$	119,785	$	127,501		$	156,923
Gross profit	50,468			67,333		67,870			86,130
Operating (loss) income	(3,645		)	7,348		(1,476		)	17,247
Net (loss) income	(2,405		)	5,718		(982		)	12,913
Net (loss) income attributable to Vera Bradley, Inc.	(2,405		)	5,854		139			12,459
Basic net (loss) income per share attributable to Vera Bradley, Inc.	(0.07		)	0.17		0.00			0.37
Diluted net (loss) income per share attributed to Vera Bradley, Inc.	(0.07		)	0.17		0.00			0.37


(1)	Includes $0.8 million ($0.6 million after the associated tax benefit) for Pura Vida transaction costs. Refer to Note 16 herein for additional information.

(2)

(3)

(4)



	Fiscal Year Ended February 2, 2019
	First Quarter			Second Quarter		Third Quarter		Fourth Quarter
	(unaudited)			(unaudited)		(unaudited)		(unaudited)
Net revenues	$	86,591		$	113,625	$	97,688	$	118,193
Gross profit	48,616			65,740		57,152		67,079
Operating (loss) income	(1,912		)	12,016		5,343		11,654
Net (loss) income	(1,370		)	9,282		4,226		8,619
Net (loss) income attributable to Vera Bradley, Inc.	(1,370		)	9,282		4,226		8,619
Basic net (loss) income per share attributable to Vera Bradley, Inc.	(0.04		)	0.26		0.12		0.25
Diluted net (loss) income per share attributed to Vera Bradley, Inc.	(0.04		)	0.26		0.12		0.25

Description of the Company - Additional Information (Detail)	12 Months Ended
	Feb. 01, 2020 Store Segment location	Feb. 02, 2019	Feb. 03, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of reportable segments \| Segment	3
Number Of Full Line Stores	88
Number of outlet stores	63
Number of specialty retail locations \| location	2,200
Fiscal period duration	364 days	364 days	371 days

Summary of Significant Accounting Policies - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018	Feb. 03, 2019
Significant Accounting Policies
Allowance for doubtful accounts	$ 500	$ 300
Debt-issuance costs, net of accumulated amortization	300	400
Amortization expense	100	300	$ 200
Write off of debt issuance cost		200
Impairment of intangible assets, finite-lived	0	0	6,300
Tax reform act of 2017, income tax expense (benefit)			$ 2,100
Retained earnings	307,414	291,994
Operating lease liabilities	135,122
Operating right-of-use assets	$ 114,790
Minimum
Significant Accounting Policies
Lease terms, years	3 years
Estimated useful lives, in years	3 years
Maximum
Significant Accounting Policies
Lease terms, years	10 years
Estimated useful lives, in years	5 years
Accounting Standards Update 2014-09 \| Difference Between Revenue Guidance In Effect Before And After Topic 606
Significant Accounting Policies
Retained earnings		$ (1,064)
Accounting Standards Update 2016-02
Significant Accounting Policies
Retained earnings				$ 200
Operating lease liabilities				149,000
Operating right-of-use assets				$ 126,000

Summary of Significant Accounting Policies - Schedule of Estimated Useful Lives (Detail) - USD ($) $ in Millions	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019
Interest Cost Capitalized And Depreciation And Amortization Expenses For Property, Plant and Equipment
Allowance for doubtful accounts	$ 0.5	$ 0.3
Building and building improvements
Interest Cost Capitalized And Depreciation And Amortization Expenses For Property, Plant and Equipment
Property, plant and equipment estimated useful life	39 years 6 months
Equipment
Interest Cost Capitalized And Depreciation And Amortization Expenses For Property, Plant and Equipment
Property, plant and equipment estimated useful life	7 years
Vehicles
Interest Cost Capitalized And Depreciation And Amortization Expenses For Property, Plant and Equipment
Property, plant and equipment estimated useful life	5 years
Minimum
Interest Cost Capitalized And Depreciation And Amortization Expenses For Property, Plant and Equipment
Property, plant and equipment estimated useful life	3 years
Minimum \| Land improvements
Interest Cost Capitalized And Depreciation And Amortization Expenses For Property, Plant and Equipment
Property, plant and equipment estimated useful life	5 years
Minimum \| Furniture, fixtures, and leasehold improvements
Interest Cost Capitalized And Depreciation And Amortization Expenses For Property, Plant and Equipment
Property, plant and equipment estimated useful life	3 years
Minimum \| Computer equipment and software
Interest Cost Capitalized And Depreciation And Amortization Expenses For Property, Plant and Equipment
Property, plant and equipment estimated useful life	3 years
Maximum
Interest Cost Capitalized And Depreciation And Amortization Expenses For Property, Plant and Equipment
Property, plant and equipment estimated useful life	5 years
Maximum \| Land improvements
Interest Cost Capitalized And Depreciation And Amortization Expenses For Property, Plant and Equipment
Property, plant and equipment estimated useful life	15 years
Maximum \| Furniture, fixtures, and leasehold improvements
Interest Cost Capitalized And Depreciation And Amortization Expenses For Property, Plant and Equipment
Property, plant and equipment estimated useful life	10 years
Maximum \| Computer equipment and software
Interest Cost Capitalized And Depreciation And Amortization Expenses For Property, Plant and Equipment
Property, plant and equipment estimated useful life	5 years

Summary of Significant Accounting Policies - Schedule of Returns and Credit Reserve and Related Activity (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Returns and Credits Reserve
Balance at Beginning of Year	$ 1,911	$ 2,695	$ 5,360
Provision Charged to Net Revenues	15,467	17,946	23,504
Allowances Taken / Written Off	(16,016)	(18,730)	(26,169)
Balance at End of Year	$ 1,362	$ 1,911	$ 2,695

Summary of Significant Accounting Policies - Schedule of Total Advertising Expense (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Accounting Policies [Abstract]
Total advertising expense	$ 46,460	$ 27,488	$ 26,953

Summary of Significant Accounting Policies - Schedule of Total Recovery from Indirect Retailers (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Accounting Policies [Abstract]
Total recovery from indirect retailers	$ 118	$ 80	$ 367

Summary of Significant Accounting Policies - Components of Inventories (Details) - USD ($) $ in Thousands	Feb. 01, 2020	Feb. 02, 2019
Accounting Policies [Abstract]
Raw materials	$ 1,056	$ 0
Finished goods	122,550	91,581
Total inventories	$ 123,606	$ 91,581

Revenue from Contracts with Customers (Details) - USD ($) $ in Millions	Feb. 01, 2020	Feb. 02, 2019
Revenue from Contract with Customer [Abstract]
Unearned revenue, current	$ 3.9	$ 1.6
Accounts receivable from contracts with customers, net of allowances	16.3	14.1
Provision for doubtful accounts	$ 0.5	$ 0.3

Revenue from Contracts with Customers Adoption of ASC 606 on impacted Condensed Consolidated Balance Sheet (Details) - USD ($) $ in Thousands	Feb. 01, 2020	Feb. 02, 2019
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Accounts receivable, net	$ 24,290	$ 15,604
Inventories	123,606	91,581
Income taxes receivable	1,043	809
Total current assets	218,789	252,468
Deferred income taxes	7,656	6,724
Total assets	535,061	362,148
Other accrued liabilities	13,850	13,482
Total current liabilities	87,405	43,556
Total liabilities	201,242	67,445
Retained earnings	307,414	291,994
Total shareholders’ equity of Vera Bradley, Inc.	303,770	294,703
Total liabilities, redeemable noncontrolling interest, and shareholders’ equity	$ 535,061	362,148
Difference Between Revenue Guidance In Effect Before And After Topic 606 \| Accounting Standards Update 2014-09
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Accounts receivable, net		(2,497)
Inventories		906
Income taxes receivable		265
Total current assets		(1,326)
Deferred income taxes		106
Total assets		(1,220)
Other accrued liabilities		(156)
Total current liabilities		(156)
Total liabilities		(156)
Retained earnings		(1,064)
Total shareholders’ equity of Vera Bradley, Inc.		(1,064)
Total liabilities, redeemable noncontrolling interest, and shareholders’ equity		(1,220)
Calculated under Revenue Guidance in Effect before Topic 606
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Accounts receivable, net		13,107
Inventories		92,487
Income taxes receivable		1,074
Total current assets		251,142
Deferred income taxes		6,830
Total assets		360,928
Other accrued liabilities		13,326
Total current liabilities		43,400
Total liabilities		67,289
Retained earnings		290,930
Total shareholders’ equity of Vera Bradley, Inc.		293,639
Total liabilities, redeemable noncontrolling interest, and shareholders’ equity		$ 360,928

Revenue from Contracts with Customers Adoption of ASC 606 on impacted Condensed Consolidated Statement of Income (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Feb. 01, 2020	Nov. 02, 2019	Aug. 03, 2019	May 04, 2019	Feb. 02, 2019	Nov. 03, 2018	Aug. 04, 2018	May 05, 2018	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Net revenues	$ 156,923	$ 127,501	$ 119,785	$ 91,003	$ 118,193	$ 97,688	$ 113,625	$ 86,591	$ 495,212	$ 416,097	$ 454,648
Cost of sales									223,411	177,510	200,639
Gross profit	86,130	67,870	67,333	50,468	67,079	57,152	65,740	48,616	271,801	238,587	254,009
Operating (loss) income	17,247	(1,476)	7,348	(3,645)	11,654	5,343	12,016	(1,912)	19,474	27,101	14,981
Income (loss) before income taxes									20,559	28,226	15,394
Income tax expense									5,315	7,469	8,378
Net income (loss)	$ 12,459	$ 139	$ 5,854	$ (2,405)	$ 8,619	$ 4,226	$ 9,282	$ (1,370)	$ 16,047	20,757	$ 7,016
Difference Between Revenue Guidance In Effect Before And After Topic 606 \| Accounting Standards Update 2014-09
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Net revenues										(1,478)
Cost of sales										(655)
Gross profit										(823)
Operating (loss) income										(823)
Income (loss) before income taxes										(823)
Income tax expense										(213)
Net income (loss)										(610)
Calculated under Revenue Guidance in Effect before Topic 606
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Net revenues										414,619
Cost of sales										176,855
Gross profit										237,764
Operating (loss) income										26,278
Income (loss) before income taxes										27,403
Income tax expense										7,256
Net income (loss)										$ 20,147

Revenue from Contracts with Customers Adoption of ASC 606 on impacted Condensed Consolidated Statement of Cash Flows (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Feb. 01, 2020	Nov. 02, 2019	Aug. 03, 2019	May 04, 2019	Feb. 02, 2019	Nov. 03, 2018	Aug. 04, 2018	May 05, 2018	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Net income attributable to Vera Bradley, Inc.	$ 12,459	$ 139	$ 5,854	$ (2,405)	$ 8,619	$ 4,226	$ 9,282	$ (1,370)	$ 16,047	$ 20,757	$ 7,016
Deferred income taxes									(864)	(1,497)	8,154
Accounts receivable									(1,013)	438	7,322
Inventories									(12,645)	(3,994)	14,445
Income taxes									(284)	4,933	(870)
Accrued and other liabilities									$ (7,933)	94	$ (5,406)
Difference Between Revenue Guidance In Effect Before And After Topic 606 \| Accounting Standards Update 2014-09
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Net income attributable to Vera Bradley, Inc.										(610)
Deferred income taxes										52
Accounts receivable										1,837
Inventories										(655)
Income taxes										(265)
Accrued and other liabilities										(359)
Calculated under Revenue Guidance in Effect before Topic 606
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Net income attributable to Vera Bradley, Inc.										20,147
Deferred income taxes										(1,445)
Accounts receivable										2,275
Inventories										(4,649)
Income taxes										4,668
Accrued and other liabilities										$ (265)

Revenue from Contracts with Customers Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Feb. 01, 2020	Nov. 02, 2019	Aug. 03, 2019	May 04, 2019	Feb. 02, 2019	Nov. 03, 2018	Aug. 04, 2018	May 05, 2018	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Disaggregation of Revenue [Line Items]
Net revenues	$ 156,923	$ 127,501	$ 119,785	$ 91,003	$ 118,193	$ 97,688	$ 113,625	$ 86,591	$ 495,212	$ 416,097	$ 454,648
Bags
Disaggregation of Revenue [Line Items]
Net revenues									177,715	170,881	184,773
Travel
Disaggregation of Revenue [Line Items]
Net revenues									108,444	107,513	118,655
Accessories
Disaggregation of Revenue [Line Items]
Net revenues									155,200	92,794	100,246
Home
Disaggregation of Revenue [Line Items]
Net revenues									35,690	29,603	30,819
Other
Disaggregation of Revenue [Line Items]
Net revenues									18,163	15,306	$ 20,155
Direct
Disaggregation of Revenue [Line Items]
Net revenues									347,484	328,034
Direct \| Bags
Disaggregation of Revenue [Line Items]
Net revenues									136,509	128,255
Direct \| Travel
Disaggregation of Revenue [Line Items]
Net revenues									91,732	87,746
Direct \| Accessories
Disaggregation of Revenue [Line Items]
Net revenues									75,162	75,751
Direct \| Home
Disaggregation of Revenue [Line Items]
Net revenues									32,987	26,846
Direct \| Other
Disaggregation of Revenue [Line Items]
Net revenues									11,094	9,436
Indirect
Disaggregation of Revenue [Line Items]
Net revenues									81,811	88,063
Indirect \| Transferred at Point in Time
Disaggregation of Revenue [Line Items]
Net revenues									78,000	84,500
Indirect \| Transferred over Time
Disaggregation of Revenue [Line Items]
Net revenues									3,800	3,600
Indirect \| Bags
Disaggregation of Revenue [Line Items]
Net revenues									41,206	42,626
Indirect \| Travel
Disaggregation of Revenue [Line Items]
Net revenues									16,712	19,767
Indirect \| Accessories
Disaggregation of Revenue [Line Items]
Net revenues									15,470	17,043
Indirect \| Home
Disaggregation of Revenue [Line Items]
Net revenues									2,703	2,757
Indirect \| Other
Disaggregation of Revenue [Line Items]
Net revenues									5,720	$ 5,870
Pura Vida
Disaggregation of Revenue [Line Items]
Net revenues									65,917
Pura Vida \| Accessories
Disaggregation of Revenue [Line Items]
Net revenues									64,568
Pura Vida \| Other
Disaggregation of Revenue [Line Items]
Net revenues									$ 1,349

Leases - Narrative (Details) $ in Millions	Feb. 01, 2020 USD ($)
Lessee, Lease, Description [Line Items]
Weighted-average discount rate	5.00%
Operating Lease, lease not yet commenced	$ 3.1
Lease not yet commenced, term of contract	10 years
Weighted-average remaining lease term	5 years 11 months 18 days
Maximum
Lessee, Lease, Description [Line Items]
Lessee, operating lease, term of contract	10 years
Maximum \| Retail Store [Member]
Lessee, Lease, Description [Line Items]
Lessee, operating lease, term of contract	10 years
Maximum \| Other Property [Member]
Lessee, Lease, Description [Line Items]
Lessee, operating lease, term of contract	7 years

Leases - Total lease cost (Details) $ in Thousands	12 Months Ended
Leases - Total lease cost (Details) $ in Thousands	Feb. 01, 2020 USD ($)
Leases [Abstract]
Operating lease cost	$ 28,808
Variable lease cost	9,266
Short-term lease cost	576
Total lease cost	$ 38,650

Leases - Cash Flow Information (Details) $ in Thousands	12 Months Ended
Leases - Cash Flow Information (Details) $ in Thousands	Feb. 01, 2020 USD ($)
Leases [Abstract]
Cash paid for amounts included in the measurement of operating lease liabilities	$ 32,702
Right-of-use assets increase as a result of new and modified operating lease liabilities, net	$ 10,850

Leases - Maturity Analysis of Operating Lease Liabilities (Details) $ in Thousands	Feb. 01, 2020 USD ($)
Leases [Abstract]
Fiscal 2021	$ 27,531
Fiscal 2022	29,215
Fiscal 2023	25,268
Fiscal 2024	22,054
Fiscal 2025	19,059
Thereafter	34,934
Total remaining obligations	158,061
Less: Interest	(22,939)
Present value of lease liabilities	$ 135,122

Leases - Maturity Analysis of Operating Lease Liabilities under ASC Topic 840 (Details) $ in Thousands	Feb. 02, 2019 USD ($)
Leases [Abstract]
Fiscal 2020	$ 32,658
Fiscal 2021	32,017
Fiscal 2022	29,707
Fiscal 2023	25,933
Fiscal 2024	22,250
Thereafter	45,099
Total remaining minimum lease payments	$ 187,664

Property, Plant, and Equipment - Schedule of Property, Plant, and Equipment (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Property, Plant and Equipment
Property, plant, and equipment, gross	$ 195,659	$ 187,231
Less: Accumulated depreciation and amortization	(122,632)	(109,280)
Property, plant, and equipment, net	73,027	77,951
Impairment charge	0	0	$ 6,300
Land and land improvements
Property, Plant and Equipment
Property, plant, and equipment, gross	5,981	5,981
Building and building improvements
Property, Plant and Equipment
Property, plant, and equipment, gross	46,233	46,233
Furniture, fixtures, leasehold improvements and computer equipment
Property, Plant and Equipment
Property, plant, and equipment, gross	116,238	112,316
Equipment and vehicles
Property, Plant and Equipment
Property, plant, and equipment, gross	21,205	21,002
Construction in progress
Property, Plant and Equipment
Property, plant, and equipment, gross	$ 6,002	$ 1,699

Property, Plant, and Equipment - Schedule of Depreciation and Amortization Expense Associated with Property, Plant, and Equipment (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Property, Plant and Equipment [Abstract]
Depreciation and amortization expense, excluding impairment charges and discontinued operations	$ 18,447	$ 16,540	$ 19,570

Debt - Credit Agreement (Detail) - Subsidiaries - New Credit Agreement - Revolving Credit Facility - USD ($) $ in Millions	Sep. 07, 2018	Mar. 31, 2020	Feb. 01, 2020
Line of Credit Facility [Line Items]
Remaining borrowing capacity	$ 7.5		$ 75.0
Maximum borrowing capacity	75.0
Increase (decrease) in aggregate credit facility principal amount	$ 25.0
Unused capacity, commitment fee percentage	0.20%
Debt instrument, fixed charge coverage ratio	1.0
Subsequent Event
Line of Credit Facility [Line Items]
Remaining borrowing capacity		$ 75.0
Long-term line of credit		$ 60.0
Base Rate [Member]
Line of Credit Facility [Line Items]
Basis spread	10.00%
Minimum \| London Interbank Offered Rate (LIBOR)
Line of Credit Facility [Line Items]
Basis spread	(1.00%)
Minimum \| Adjusted London Interbank Offered Rate (LIBOR)
Line of Credit Facility [Line Items]
Basis spread	1.00%
Maximum \| London Interbank Offered Rate (LIBOR)
Line of Credit Facility [Line Items]
Basis spread	(1.50%)
Maximum \| Adjusted London Interbank Offered Rate (LIBOR)
Line of Credit Facility [Line Items]
Basis spread	1.30%

Income Taxes - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018	Jan. 28, 2017
Income Tax Disclosure [Abstract]
Blended federal taxes at statutory rate, percentage	21.00%	21.00%	32.90%
Unrecognized tax benefits	$ 59	$ 83	$ 104	$ 877
Tax Cuts and Jobs Act, Incomplete Accounting, Provisional Income Tax Expense (Benefit)			2,100
Tax Cuts and Jobs Act of 2017, Incomplete Accounting, Change in Tax Rate, Deferred Tax Asset, Provisional Income Tax Expense (Benefit)			2,000
Tax Cuts and Jobs Act of 2017, Incomplete Accounting, Transition Tax for Accumulated Foreign Earnings, Provisional Income Tax Expense (Benefit)			300
Tax Cuts and Jobs Act, Incomplete Accounting, Change in Tax Rate, Provisional Income Tax Expense (Benefit)			$ 200

Income Taxes - Schedule of Components of Income Tax Expense (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Income Tax Disclosure [Abstract]
Current, Federal	$ 4,509	$ 7,020	$ 488
Current, Foreign	681	610	364
Current, State	989	1,336	(628)
Current, Total	6,179	8,966	224
Deferred, Federal	(805)	(1,663)	7,476
Deferred, State	(59)	166	678
Deferred, Total	(864)	(1,497)	8,154
Total income tax expense	$ 5,315	$ 7,469	$ 8,378

Income Taxes - Schedule of Income Before Income Taxes (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Income Tax Disclosure [Abstract]
Domestic	$ 16,267	$ 24,426	$ 13,666
Foreign	4,292	3,800	1,728
Income before income taxes	$ 20,559	$ 28,226	$ 15,394

Income Taxes - Schedule of Reconciliation of Income Tax Expense to Amount Computed at Federal Statutory Rate (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Income Tax Disclosure [Abstract]
Federal taxes at statutory rate	$ 4,317	$ 5,927	$ 5,067
Federal taxes at statutory rate, percentage	21.00%	21.00%	32.90%
State and local income taxes, net of federal benefit	$ 752	$ 1,203	$ 665
State and local income taxes, net of federal benefit, percentage	3.70%	4.30%	4.30%
Impact related to redeemable noncontrolling interest	$ 168	$ 0	$ 0
Impact related to redeemable noncontrolling interest, percentage	0.80%	0.00%	0.00%
Impact of foreign rate differential	$ (210)	$ (188)	$ (247)
Impact of foreign rate differential, percentage	(1.00%)	(0.70%)	(1.60%)
Change in uncertain tax positions	$ (17)	$ (17)	$ (632)
Change in uncertain tax positions, percentage	(0.10%)	(0.10%)	(4.10%)
Change in U.S. tax rate	$ 0	$ 0	$ 2,026
Change in U.S. tax rate, percentage	0.00%	0.00%	13.20%
Deemed mandatory repatriation	$ 0	$ 0	$ 345
Deemed mandatory repatriation, percentage	0.00%	0.00%	2.20%
Shortfall from stock-based compensation	$ 63	$ 101	$ 1,111
Shortfall from stock-based compensation, percentage	0.30%	0.40%	7.20%
Other	$ 242	$ 443	$ 43
Other, percentage	1.20%	1.60%	0.30%
Total income tax expense	$ 5,315	$ 7,469	$ 8,378
Total income tax expense, percentage	25.90%	26.50%	54.40%

Income Taxes - Schedule of Components of Deferred Tax Assets and Liabilities (Detail) - USD ($) $ in Thousands	Feb. 01, 2020	Feb. 02, 2019
Deferred tax assets:
Operating lease liabilities	$ 36,209
Deferred credits from landlords	0	$ 6,922
Compensation and benefits	3,021	2,912
Inventories	1,317	1,753
Other	1,890	1,241
Total deferred tax assets	42,437	12,828
Deferred tax liabilities:
Operating lease assets	(30,620)
Property, plant, and equipment	(2,656)	(3,859)
Other	(1,505)	(2,245)
Total deferred tax liabilities	(34,781)	(6,104)
Net deferred tax assets	$ 7,656	$ 6,724

Income Taxes - Schedule of Reconciliation of Beginning and Ending Gross Amount of Unrecognized Tax Benefits (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Beginning balance	$ 83	$ 104	$ 877
Net increases in unrecognized tax benefits as a result of current year activity	11	44	0
Lapse of statute of limitations	(35)	(65)	(106)
Net increases in unrecognized tax benefits as a result of prior year activity	0	0	210
Reductions for tax positions of prior years	0	0	(877)
Ending balance	$ 59	$ 83	$ 104

Stock-Based Compensation - Additional Information (Detail) $ in Millions	12 Months Ended
	Feb. 01, 2020 USD ($) shares	Feb. 02, 2019 USD ($)	Feb. 03, 2018 USD ($)	Oct. 30, 2010 shares
Share-based Compensation Arrangement by Share-based Payment Award
Stock-based compensation expense \| $	$ 5.9	$ 4.9	$ 3.1
Time-based Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award
Restricted-stock awards/units granted in period (in shares) \| shares	246,000
Performance-based Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award
Restricted-stock awards/units granted in period (in shares) \| shares	171,000
2010 Equity and Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award
Issuance of common stock shares \| shares	3,964,026			6,076,001
2010 Equity and Incentive Plan \| Restricted-Stock Units
Share-based Compensation Arrangement by Share-based Payment Award
Restricted-stock awards/units granted in period (in shares) \| shares	416,944
Restricted-stock awards/units with an aggregate grant-date fair value \| $	$ 5.4
Restricted stock vesting period	1 year
Unrecognized compensation cost \| $	$ 6.4
Share-based compensation over a weighted average period	1 year 3 months 18 days
Share-based compensation fair value restrictions vested \| $	$ 4.1
2010 Equity and Incentive Plan \| Time-based Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award
Award conversion ratio to common stock	1
2010 Equity and Incentive Plan \| Performance-based Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award
Restricted stock vesting period	3 years

Stock-Based Compensation - Summary of Restricted-Stock Awards and Restricted-Stock Units (Detail) shares in Thousands	12 Months Ended
	Feb. 01, 2020 $ / shares shares
Time-based Restricted Stock Units
Number of Units
Nonvested units outstanding, beginning balance (in shares) \| shares	473
Granted, Number of Units (in shares) \| shares	246
Change due to performance condition achievement, Number of Units (in shares) \| shares	0
Vested, Number of Units (in shares) \| shares	(277)
Forfeited, Number of Units (in shares) \| shares	(9)
Nonvested units outstanding, ending balance (in shares) \| shares	433
Weighted- Average Grant Date Fair Value (per unit)
Weighted-Average Grant Date Fair Value (per unit), beginning balance (in dollars per share) \| $ / shares	$ 11.75
Granted, Weighted-Average Grant Date Fair Value (per unit) (in dollars per share) \| $ / shares	12.94
Change due to performance condition achievement, Weighted-Average Grant Date Fair Value (per unit) (in dollars per share) \| $ / shares	0.00
Vested, Weighted-Average Grant Date Fair Value (per unit) (in dollars per share) \| $ / shares	12.32
Forfeited, Weighted-Average Grant Date Fair Value (per unit) (in dollars per share) \| $ / shares	13.17
Weighted-Average Grant Date Fair Value (per unit), ending balance (in dollars per share) \| $ / shares	$ 12.03
Performance-based Restricted Stock Units
Number of Units
Nonvested units outstanding, beginning balance (in shares) \| shares	442
Granted, Number of Units (in shares) \| shares	171
Change due to performance condition achievement, Number of Units (in shares) \| shares	111
Vested, Number of Units (in shares) \| shares	(50)
Forfeited, Number of Units (in shares) \| shares	(3)
Nonvested units outstanding, ending balance (in shares) \| shares	671
Weighted- Average Grant Date Fair Value (per unit)
Weighted-Average Grant Date Fair Value (per unit), beginning balance (in dollars per share) \| $ / shares	$ 11.38
Granted, Weighted-Average Grant Date Fair Value (per unit) (in dollars per share) \| $ / shares	13.10
Change due to performance condition achievement, Weighted-Average Grant Date Fair Value (per unit) (in dollars per share) \| $ / shares	10.59
Vested, Weighted-Average Grant Date Fair Value (per unit) (in dollars per share) \| $ / shares	19.62
Forfeited, Weighted-Average Grant Date Fair Value (per unit) (in dollars per share) \| $ / shares	9.97
Weighted-Average Grant Date Fair Value (per unit), ending balance (in dollars per share) \| $ / shares	$ 11.08

Commitments and Contingencies Commitments and Contingencies (Details) $ in Millions	12 Months Ended
	Feb. 01, 2020 USD ($)
Pending Litigation [Member]
Loss Contingencies [Line Items]
Loss contingency, damages sought, value	$ 10.0

401(k) Profit Sharing Plan and Trust - Additional information (Detail) - USD ($)	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Pension Plans, Postretirement and Other Employee Benefits
Employer matching contribution, percentage of gross pay, initial match	100.00%
Employer matching contribution, initial match, percentage	3.00%
Employer matching contribution, percentage of gross pay, secondary match	50.00%
Employer matching contribution, secondary match, percentage	2.00%
Employer matching contribution, percentage	4.00%
Deferred Compensation, Excluding Share-based Payments and Retirement Benefits
Pension Plans, Postretirement and Other Employee Benefits
Discretionary profit sharing payments	$ 0	$ 0	$ 0

401(k) Profit Sharing Plan and Trust - Schedule of Total Company Contributions to Plan (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Disclosure Profit Sharing Plan And Trust Additional Information [Abstract]
Total company contribution to the plan, excluding discontinued operations	$ 1,732	$ 1,661	$ 1,533

Related Party Transactions (Detail) - USD ($) $ / shares in Units, $ in Millions			12 Months Ended
	Sep. 27, 2018	Jun. 26, 2018	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018	Sep. 26, 2018	Jun. 25, 2018
Related Party Transactions [Abstract]
Related party transaction, amounts of transaction			$ 0.1
Liability associated with related-party transactions commitment			$ 0.3	$ 0.3
Related Party Transaction [Line Items]
Shares acquired as part of share repurchase program (in shares)				1,293,138	934,031
Affiliated Entity
Related Party Transaction [Line Items]
Shares acquired as part of share repurchase program (in shares)	200,000	200,000		400,000
Discounted price per share of shares acquired (in dollars per share)	$ 15.04	$ 14.43
Treasury stock, discount from the closing price (percentage)	3.50%	4.00%
Closing price (in dollars per share)						$ 15.58	$ 15.03

Related Party Transactions - Schedule of Related-Party Transactions Associated Expense (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Related Party Transactions [Abstract]
Related Party Transaction, Due from (to) Related Party, Current	$ (300)	$ (300)
Related-party transactions associated expense included in selling, general, and administrative expenses	$ 101	$ 144	$ 140

Earnings Per Share - Components of Basic and Diluted Net Income Per Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Feb. 01, 2020	Nov. 02, 2019	Aug. 03, 2019	May 04, 2019	Feb. 02, 2019	Nov. 03, 2018	Aug. 04, 2018	May 05, 2018	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Earnings Per Share [Abstract]
Net income	$ 12,913	$ (982)	$ 5,718	$ (2,405)	$ 8,619	$ 4,226	$ 9,282	$ (1,370)	$ 15,244	$ 20,757	$ 7,016
Less: Net loss attributable to redeemable noncontrolling interest									(803)	0	0
Net income attributable to Vera Bradley, Inc.	$ 12,459	$ 139	$ 5,854	$ (2,405)	$ 8,619	$ 4,226	$ 9,282	$ (1,370)	$ 16,047	$ 20,757	$ 7,016
Weighted-average number of common shares (basic) (in shares)									33,983	35,222	35,925
Dilutive effect of stock-based awards (in shares)									305	245	101
Weighted-average number of common shares (diluted) (in shares)									34,288	35,467	36,026
Net income per share attributable to Vera Bradley, Inc.:
Net income per share, basic (in dollars per share)									$ 0.47	$ 0.59	$ 0.20
Net income per share, diluted (in dollars per share)	$ 0.37	$ 0.00	$ 0.17	$ (0.07)	$ 0.25	$ 0.12	$ 0.26	$ (0.04)	$ 0.47	$ 0.59	$ 0.19

Common Stock (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018	Nov. 29, 2018	Dec. 08, 2015
Equity, Class of Treasury Stock [Line Items]
Shares acquired as part of share repurchase program (in shares)		1,293,138	934,031
Average price per share of shares acquired (in dollars per share)	$ 13.00	$ 12.58	$ 8.47
Aggregate common stock repurchased	$ 11,320	$ 16,261	$ 7,908
Treasury stock, shares	8,011,372
Value of treasury stock	$ 104,159	$ 92,839
The 2015 Share Repurchase Program
Equity, Class of Treasury Stock [Line Items]
Authorized amount under share repurchase program					$ 50,000
Shares acquired as part of share repurchase program (in shares)	1,075,749
Average price per share of shares acquired (in dollars per share)	$ 10.52
Aggregate common stock repurchased	$ 11,300
Remaining authorized repurchased amount	$ 35,800
The 2018 Share Repurchase Program
Equity, Class of Treasury Stock [Line Items]
Authorized amount under share repurchase program				$ 50,000
Shares acquired as part of share repurchase program (in shares)		320,296
Average price per share of shares acquired (in dollars per share)		$ 8.86
Aggregate common stock repurchased		$ 2,800

Restructuring and Other Charges (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Restructuring Cost and Reserve [Line Items]
Restructuring charges incurred			$ 16,700
Restructuring charges incurred, net of tax			10,600
Tax reform act of 2017, income tax expense (benefit)			2,100
Income tax expense (benefit)	$ 5,315	$ 7,469	8,378
Impairment charge	0	0	6,300
Selling, general and administrative expense
Restructuring Cost and Reserve [Line Items]
Restructuring charges incurred			2,800
Restructuring charges incurred, net of tax			1,700
Lease termination costs
Restructuring Cost and Reserve [Line Items]
Restructuring charges incurred			300
Vision 20/20
Restructuring Cost and Reserve [Line Items]
Restructuring charges incurred	$ 0	$ 0
Severance charges			4,066
Other restructuring costs			751
Vision 20/20 \| Selling, general and administrative expense
Restructuring Cost and Reserve [Line Items]
Severance charges			3,867
Other restructuring costs			751
Corporate Segment
Restructuring Cost and Reserve [Line Items]
Severance charges			2,500
Corporate Segment \| Vision 20/20
Restructuring Cost and Reserve [Line Items]
Severance charges			2,056
Other restructuring costs			55
Direct \| Vision 20/20
Restructuring Cost and Reserve [Line Items]
Severance charges			826
Other restructuring costs			466
Direct \| Vision 20/20 \| Lease termination costs
Restructuring Cost and Reserve [Line Items]
Other restructuring costs			399
Indirect \| Vision 20/20
Restructuring Cost and Reserve [Line Items]
Severance charges			1,184
Other restructuring costs			$ 230

Vision 20/20 Restructuring and Other Charges - Vision 20/20-related charges (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Restructuring Cost and Reserve [Line Items]
Asset impairment charges	$ 0	$ 0	$ 6,298
Vision 20/20
Restructuring Cost and Reserve [Line Items]
Asset impairment charges			6,298
Strategic consulting charges			4,649
Severance charges			4,066
Inventory-related charges			935
Other restructuring costs			751
Total			16,699
Restructuring Settlement And Impairment Provisions, Net Of Tax			10,600
Vision 20/20 \| Selling, general and administrative expense
Restructuring Cost and Reserve [Line Items]
Asset impairment charges			6,298
Strategic consulting charges			4,649
Severance charges			3,867
Other restructuring costs			751
Total			15,565
Vision 20/20 \| Cost of Sales
Restructuring Cost and Reserve [Line Items]
Severance charges			199
Inventory-related charges			935
Total			1,134
Direct \| Vision 20/20
Restructuring Cost and Reserve [Line Items]
Asset impairment charges			6,298
Severance charges			826
Other restructuring costs			466
Total			7,590
Accelerated depreciation charges and other charges			67
Direct \| Lease termination costs \| Vision 20/20
Restructuring Cost and Reserve [Line Items]
Other restructuring costs			399
Indirect \| Vision 20/20
Restructuring Cost and Reserve [Line Items]
Severance charges			1,184
Inventory-related charges			935
Other restructuring costs			230
Total			2,349
Accelerated depreciation charges and other charges			230
Corporate Segment
Restructuring Cost and Reserve [Line Items]
Severance charges			2,500
Corporate Segment \| Vision 20/20
Restructuring Cost and Reserve [Line Items]
Strategic consulting charges			4,649
Severance charges			2,056
Other restructuring costs			55
Total			6,760
Accelerated depreciation charges and other charges			$ 55

Vision 20/20 Restructuring and Other Charges - Charges and related liabilities associated with the Vision 20/20 initiatives (Details) - Vision 20/20 $ in Thousands	12 Months Ended
	Feb. 03, 2018 USD ($)
Restructuring Cost and Reserve [Line Items]
Fiscal 2018 charges	$ 16,699
Cash payments	(7,568)
Non-cash charges	(7,573)
Liability as of February 3, 2018	1,558
Asset Impairment Charges [Member]
Restructuring Cost and Reserve [Line Items]
Fiscal 2018 charges	6,298
Cash payments	0
Non-cash charges	(6,298)
Liability as of February 3, 2018	0
Strategic Consulting Charges [Member]
Restructuring Cost and Reserve [Line Items]
Fiscal 2018 charges	4,649
Cash payments	(4,649)
Non-cash charges	0
Liability as of February 3, 2018	0
Employee severance and other benefits
Restructuring Cost and Reserve [Line Items]
Fiscal 2018 charges	4,066
Cash payments	(2,508)
Non-cash charges	0
Liability as of February 3, 2018	1,558
Inventory Related Charges
Restructuring Cost and Reserve [Line Items]
Fiscal 2018 charges	935
Cash payments	0
Non-cash charges	(935)
Liability as of February 3, 2018	0
Other associated restructuring costs
Restructuring Cost and Reserve [Line Items]
Fiscal 2018 charges	751
Cash payments	(411)
Non-cash charges	(340)
Liability as of February 3, 2018	$ 0

Investments - Short-term investments (Details) - USD ($) $ in Thousands	Feb. 01, 2020	Feb. 02, 2019
Investment Holdings [Line Items]
Short-term investments	$ 8,977	$ 19,381
Fair Value, Inputs, Level 2 [Member] \| Fair Value, Recurring [Member] \| Commercial Paper [Member]
Investment Holdings [Line Items]
Short-term investments	2,489	498
Estimate of Fair Value Measurement [Member] \| Fair Value, Inputs, Level 2 [Member] \| Fair Value, Recurring [Member] \| Debt Security, Corporate, US [Member]
Investment Holdings [Line Items]
Short-term investments	3,435	5,769
Estimate of Fair Value Measurement [Member] \| Fair Value, Inputs, Level 2 [Member] \| Fair Value, Recurring [Member] \| Municipal Notes [Member]
Investment Holdings [Line Items]
Short-term investments	1,594	4,190
Estimate of Fair Value Measurement [Member] \| Fair Value, Inputs, Level 2 [Member] \| Fair Value, Recurring [Member] \| Debt Security, Corporate, Non-US [Member]
Investment Holdings [Line Items]
Short-term investments	1,136	5,808
Estimate of Fair Value Measurement [Member] \| Fair Value, Inputs, Level 2 [Member] \| Fair Value, Recurring [Member] \| Asset-backed Securities [Member]
Investment Holdings [Line Items]
Short-term investments	323	0
Estimate of Fair Value Measurement [Member] \| Fair Value, Inputs, Level 2 [Member] \| Fair Value, Recurring [Member] \| US Treasury Securities [Member]
Investment Holdings [Line Items]
Short-term investments	0	0
Estimate of Fair Value Measurement [Member] \| Fair Value, Inputs, Level 1 [Member] \| Fair Value, Recurring [Member] \| Debt Security, Corporate, US [Member]
Investment Holdings [Line Items]
Short-term investments	0	0
Estimate of Fair Value Measurement [Member] \| Fair Value, Inputs, Level 1 [Member] \| Fair Value, Recurring [Member] \| Commercial Paper [Member]
Investment Holdings [Line Items]
Short-term investments	0	0
Estimate of Fair Value Measurement [Member] \| Fair Value, Inputs, Level 1 [Member] \| Fair Value, Recurring [Member] \| Municipal Notes [Member]
Investment Holdings [Line Items]
Short-term investments	0	0
Estimate of Fair Value Measurement [Member] \| Fair Value, Inputs, Level 1 [Member] \| Fair Value, Recurring [Member] \| Debt Security, Corporate, Non-US [Member]
Investment Holdings [Line Items]
Short-term investments	0	0
Estimate of Fair Value Measurement [Member] \| Fair Value, Inputs, Level 1 [Member] \| Fair Value, Recurring [Member] \| Asset-backed Securities [Member]
Investment Holdings [Line Items]
Short-term investments	0	0
Estimate of Fair Value Measurement [Member] \| Fair Value, Inputs, Level 1 [Member] \| Fair Value, Recurring [Member] \| US Treasury Securities [Member]
Investment Holdings [Line Items]
Short-term investments	$ 0	$ 3,116

Investments - Long-term investments (Details) - USD ($)	12 Months Ended
Investments - Long-term investments (Details) - USD ($)	Feb. 01, 2020	Feb. 02, 2019
Investment Holdings [Line Items]
Long-term investments	$ 14,912,000	$ 23,735,000
Unrealized (loss) gain on available-for-sale investments	0	0
Fair Value, Inputs, Level 2 [Member] \| Fair Value, Recurring [Member] \| Debt Security, Corporate, US [Member]
Investment Holdings [Line Items]
Long-term investments	5,613,000	9,499,000
Fair Value, Inputs, Level 2 [Member] \| Fair Value, Recurring [Member] \| Asset-backed Securities [Member]
Investment Holdings [Line Items]
Long-term investments	5,498,000	7,169,000
Fair Value, Inputs, Level 2 [Member] \| Fair Value, Recurring [Member] \| Debt Security, Corporate, Non-US [Member]
Investment Holdings [Line Items]
Long-term investments	2,409,000	4,675,000
Fair Value, Inputs, Level 2 [Member] \| Fair Value, Recurring [Member] \| Foreign Securities, Other [Member]
Investment Holdings [Line Items]
Long-term investments	810,000	0
Fair Value, Inputs, Level 2 [Member] \| Fair Value, Recurring [Member] \| Municipal Notes [Member]
Investment Holdings [Line Items]
Long-term investments	0	1,265,000
Estimate of Fair Value Measurement [Member] \| Fair Value, Inputs, Level 1 [Member] \| Fair Value, Recurring [Member] \| Debt Security, Corporate, US [Member]
Investment Holdings [Line Items]
Long-term investments	0	0
Estimate of Fair Value Measurement [Member] \| Fair Value, Inputs, Level 1 [Member] \| Fair Value, Recurring [Member] \| Asset-backed Securities [Member]
Investment Holdings [Line Items]
Long-term investments	0	0
Estimate of Fair Value Measurement [Member] \| Fair Value, Inputs, Level 1 [Member] \| Fair Value, Recurring [Member] \| Debt Security, Corporate, Non-US [Member]
Investment Holdings [Line Items]
Long-term investments	0	0
Estimate of Fair Value Measurement [Member] \| Fair Value, Inputs, Level 1 [Member] \| Fair Value, Recurring [Member] \| Municipal Notes [Member]
Investment Holdings [Line Items]
Long-term investments	0	0
Estimate of Fair Value Measurement [Member] \| Fair Value, Inputs, Level 2 [Member] \| Fair Value, Recurring [Member] \| Non-U.S. Asset-backed Securities [Member]
Investment Holdings [Line Items]
Long-term investments	$ 582,000	$ 1,127,000

Acquisition of Pura Vida - Narrative (Details) - USD ($) $ in Thousands		3 Months Ended			12 Months Ended
	Jul. 16, 2019	Nov. 02, 2019	Aug. 03, 2019	May 04, 2019	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018	Jul. 17, 2019
Business Acquisition [Line Items]
Contingent consideration related to business acquisition					$ 18,448	$ 0
Federal taxes at statutory rate, percentage					21.00%	21.00%	32.90%
Pura Vida
Business Acquisition [Line Items]
Percentage of business acquired	75.00%
Purchase price of business combinations	$ 75,000	$ 3,000
Contingent consideration arrangements, range of outcomes, value, high					$ 22,500
Contingent consideration related to business acquisition	$ 20,854				18,400			$ 20,098
Pre- tax transaction costs			$ 1,900	$ 800	$ 2,700
Federal taxes at statutory rate, percentage					25.00%
Pura Vida
Business Acquisition [Line Items]
Ownership percentage by noncontrolling owners	25.00%

Intangible Assets and Goodwill (Details) - USD ($)	12 Months Ended
Intangible Assets and Goodwill (Details) - USD ($)	Feb. 01, 2020	Jul. 17, 2019	Jul. 16, 2019	Feb. 02, 2019
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, weighted average useful life	3 years 7 months 24 days
Goodwill	$ 44,254,000			$ 0
Customer Relationships
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, weighted average useful life	3 years 7 months
Non-competition Agreements
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, weighted average useful life	5 years
Pura Vida
Finite-Lived Intangible Assets [Line Items]
Goodwill		$ 44,254,000	$ 41,310,000
Percentage of business acquired			75.00%

Redeemable Noncontrolling Interest (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018	Jul. 16, 2019
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Redeemable noncontrolling interest, beginning balance	$ 0
Fair value of noncontrolling interest at acquisition	31,786
Fair value measurement period adjustment	424
Net loss attributable to redeemable noncontrolling interest	(803)	$ 0	$ 0
Distributions to redeemable noncontrolling interest	(1,789)
Adjustment to redemption value	431
Redeemable noncontrolling interest, ending balance	$ 30,049	$ 0
Pura Vida
Noncontrolling Interest [Line Items]
Ownership percentage by noncontrolling owners				25.00%

Acquisition of Pura Vida - The fair value of the assets acquired and liabilities assumed (Details) - USD ($)				3 Months Ended	12 Months Ended
	Jul. 17, 2019	Jul. 17, 2019	Jul. 16, 2019	Nov. 02, 2019	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets [Abstract]
Goodwill					$ 44,254,000	$ 0
Measurement Period Adjustment, Goodwill					2,944,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities [Abstract]
Contingent consideration related to earn-out provision					(18,448,000)	0
Redeemable noncontrolling interest					(30,049,000)	0
Cash paid for business acquisition, net of cash acquired					76,032,000	$ 0	$ 0
Pura Vida
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets [Abstract]
Cash and cash equivalents	$ 1,495,000	$ 1,495,000	$ 1,495,000
Accounts receivable, net	7,680,000	7,680,000	8,673,000
Measurement Period Adjustments, Accounts Receivable, net	(993,000)
Inventories	27,654,000	27,654,000	27,643,000
Measurement Period Adjustments, inventories	11,000		8,300,000
Prepaid expenses and other current assets	1,537,000	1,537,000	1,537,000
Operating right of use asset	1,250,000	1,250,000	1,250,000
Property, plant, and equipment, net	751,000	751,000	751,000
Goodwill	44,254,000	44,254,000	41,310,000
Measurement Period Adjustment, Goodwill	2,944,000
Intangible asset, brand	36,668,000	36,668,000	36,668,000
Other intangible assets	24,996,000	24,996,000	25,283,000
Measurement Period Adjustments, other intangible assets	(287,000)
Total assets acquired	146,285,000	146,285,000	144,610,000
Measurement Period Adjustments, Total assets acquired	1,675,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities [Abstract]
Accounts payable	6,818,000	6,818,000	6,818,000
Accrued employment costs	2,351,000	2,351,000	2,351,000
Other accrued liabilities	6,637,000	6,637,000	6,637,000
Operating lease liability	1,637,000	1,637,000	1,659,000
Measurement Period Adjustments, Operating lease liability	(22,000)
Total liabilities assumed	17,443,000	17,443,000	17,465,000
Measurement Period Adjustments, Total liabilities assumed	(22,000)
Contingent consideration related to earn-out provision	(20,098,000)	(20,098,000)	(20,854,000)		(18,400,000)
Measurement Period Adjustments, Contingent consideration related to earn-out provision	756,000
Redeemable noncontrolling interest	(32,210,000)	(32,210,000)	(31,786,000)
Measurement Period Adjustments, Redeemable noncontrolling interest	(424,000)
Total closing consideration amount, net of cash acquired		$ 75,039,000	73,010,000
Measurement Period Adjustments, Total closing consideration amount, net of cash acquired	$ 2,029,000
Indemnity liability			4,100,000
Purchase price of business combinations			75,000,000	$ 3,000,000
Working capital adjustment			1,000,000
Cash paid for business acquisition, net of cash acquired					$ 76,000,000
Pura Vida \| Accounts Receivable [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities [Abstract]
Working capital adjustment			$ 1,000,000

Intangible Assets and Goodwill - Carrying value of the Company's intangible assets other than goodwill (Details) - USD ($) $ in Thousands	Feb. 01, 2020	Feb. 02, 2019
Finite-Lived Intangible Assets [Line Items]
Gross Basis	$ 24,996
Accumulated Amortization	(5,359)
Carrying Amount	19,637
Indefinite-lived Intangible Assets (Excluding Goodwill) [Abstract]
Indefinite-lived intangible asset	36,668
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Gross Basis	61,664
Accumulated Amortization	(5,359)
Carrying Amount	56,305	$ 0
Customer Relationships
Finite-Lived Intangible Assets [Line Items]
Gross Basis	24,208
Accumulated Amortization	(5,274)
Carrying Amount	18,934
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Accumulated Amortization	(5,274)
Non-competition Agreements
Finite-Lived Intangible Assets [Line Items]
Gross Basis	788
Accumulated Amortization	(85)
Carrying Amount	703
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Accumulated Amortization	$ (85)

Acquisition of Pura Vida - Pro forma Information (Details) - Pura Vida - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019
Business Acquisition [Line Items]
Pro forma net revenues	$ 538,576	$ 484,376
Pro forma net income	23,786	16,708
Parent
Business Acquisition [Line Items]
Pro forma net income	$ 22,193	$ 18,081
Pro forma basic net income per share attributable to Vera Bradley, Inc. (in dollar per share)	$ 0.65	$ 0.51
Pro forma diluted net income per share attributable to Vera Bradley, Inc. (in dollar per share)	$ 0.65	$ 0.51

Intangible Assets and Goodwill - Provisional amortization expense for intangible assets (Details) $ in Thousands	Feb. 01, 2020 USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
Fiscal 2021	$ 9,009
Fiscal 2022	3,073
Fiscal 2023	3,073
Fiscal 2024	3,073
Fiscal 2025	1,409
Carrying Amount	$ 19,637

Intangible Assets and Goodwill - Schedule of Goodwill (Details)	12 Months Ended
	Feb. 01, 2020 USD ($)
Goodwill [Roll Forward]
Goodwill, beginning balance	$ 0
Goodwill at acquisition	41,310,000
Measurement period adjustment	2,944,000
Goodwill, ending balance	$ 44,254,000

Segment Reporting (Detail)	12 Months Ended
Segment Reporting (Detail)	Feb. 01, 2020 Segment location customer	Feb. 02, 2019 customer	Feb. 03, 2018 customer
Revenue, Major Customer
Concentration risk, Percentage	10.00%	10.00%	10.00%
Number of operating segments \| Segment	3
Number of specialty retail locations \| location	2,200
Number of customers exceeding threshold \| customer	0	0	0

Segment Reporting - Schedule of Net Revenues and Operating Income Information for Reportable Segments (Detail) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Feb. 01, 2020	Nov. 02, 2019	Aug. 03, 2019	May 04, 2019	Feb. 02, 2019	Nov. 03, 2018	Aug. 04, 2018	May 05, 2018	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Segment Reporting Information
Net revenues	$ 156,923	$ 127,501	$ 119,785	$ 91,003	$ 118,193	$ 97,688	$ 113,625	$ 86,591	$ 495,212	$ 416,097	$ 454,648
Operating (loss) income	$ 17,247	$ (1,476)	$ 7,348	$ (3,645)	$ 11,654	$ 5,343	$ 12,016	$ (1,912)	19,474	27,101	14,981
Direct
Segment Reporting Information
Net revenues									347,484	328,034
Indirect
Segment Reporting Information
Net revenues									81,811	88,063
Pura Vida
Segment Reporting Information
Net revenues									65,917
Operating Segments
Segment Reporting Information
Net revenues									495,212	416,097	454,648
Segment operating income									96,403	102,362	95,742
Operating Segments \| Direct
Segment Reporting Information
Net revenues									347,484	328,034	351,786
Segment operating income									68,505	67,862	60,979
Operating Segments \| Indirect
Segment Reporting Information
Net revenues									81,811	88,063	102,862
Segment operating income									31,077	34,500	34,763
Operating Segments \| Pura Vida
Segment Reporting Information
Net revenues									65,917	0	0
Segment operating income									(3,179)	0	0
Corporate, Non-Segment
Segment Reporting Information
Unallocated corporate expenses									$ (76,929)	$ (75,261)	$ (80,761)

Segment Reporting - Net Revenue By Product Category (Detail) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Feb. 01, 2020	Nov. 02, 2019	Aug. 03, 2019	May 04, 2019	Feb. 02, 2019	Nov. 03, 2018	Aug. 04, 2018	May 05, 2018	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Net revenues:
Net revenues	$ 156,923	$ 127,501	$ 119,785	$ 91,003	$ 118,193	$ 97,688	$ 113,625	$ 86,591	$ 495,212	$ 416,097	$ 454,648
Bags
Net revenues:
Net revenues									177,715	170,881	184,773
Accessories
Net revenues:
Net revenues									155,200	92,794	100,246
Travel
Net revenues:
Net revenues									108,444	107,513	118,655
Home
Net revenues:
Net revenues									35,690	29,603	30,819
Other
Net revenues:
Net revenues									$ 18,163	$ 15,306	$ 20,155

Quarterly Financial Information (Unaudited) - Schedule of Selected Quarterly Financial Data (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Feb. 01, 2020	Nov. 02, 2019	Aug. 03, 2019	May 04, 2019	Feb. 02, 2019	Nov. 03, 2018	Aug. 04, 2018	May 05, 2018	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Quarterly Financial Information Disclosure [Abstract]
Net revenues	$ 156,923	$ 127,501	$ 119,785	$ 91,003	$ 118,193	$ 97,688	$ 113,625	$ 86,591	$ 495,212	$ 416,097	$ 454,648
Gross profit	86,130	67,870	67,333	50,468	67,079	57,152	65,740	48,616	271,801	238,587	254,009
Operating (loss) income	17,247	(1,476)	7,348	(3,645)	11,654	5,343	12,016	(1,912)	19,474	27,101	14,981
Net (loss) income	12,913	(982)	5,718	(2,405)	8,619	4,226	9,282	(1,370)	15,244	20,757	7,016
Net income attributable to Vera Bradley, Inc.	$ 12,459	$ 139	$ 5,854	$ (2,405)	$ 8,619	$ 4,226	$ 9,282	$ (1,370)	$ 16,047	$ 20,757	$ 7,016
Basic net (loss) income per share (in dollars per share)	$ 0.37	$ 0.00	$ 0.17	$ (0.07)	$ 0.25	$ 0.12	$ 0.26	$ (0.04)
Net income per share, diluted (in dollars per share)	$ 0.37	$ 0.00	$ 0.17	$ (0.07)	$ 0.25	$ 0.12	$ 0.26	$ (0.04)	$ 0.47	$ 0.59	$ 0.19

- Definition

The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 55
-Paragraph 52
-URI http://asc.fasb.org/extlink&oid=117327953&loc=d3e4984-109258

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=117326831&loc=d3e1252-109256

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(23))
-URI http://asc.fasb.org/extlink&oid=116637391&loc=SL114874048-224260

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=117326831&loc=d3e1337-109256

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(21))
-URI http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 60B
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=117326831&loc=SL5780133-109256

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(19))
-URI http://asc.fasb.org/extlink&oid=116637232&loc=SL114874131-224263

+ Details

- Definition

The amount of net income (loss) from continuing operations per each share of common stock or unit outstanding during the reporting period.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(19))
-URI http://asc.fasb.org/extlink&oid=116637391&loc=SL114874048-224260

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(11))
-URI http://asc.fasb.org/extlink&oid=116637232&loc=SL114874131-224263

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(21))
-URI http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=117326831&loc=d3e1337-109256

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 60B
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=117326831&loc=SL5780133-109256

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=117326831&loc=d3e1252-109256

Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(20))
-URI http://asc.fasb.org/extlink&oid=116637391&loc=SL114874048-224260

Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(23))
-URI http://asc.fasb.org/extlink&oid=116637391&loc=SL114874048-224260

Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-03(13))
-URI http://asc.fasb.org/extlink&oid=116634182&loc=SL114868656-224227

+ Details

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

- Definition

The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.

+ References

+ Details

Quarterly Financial Information (Unaudited) - Narrative (Details) - USD ($) $ in Millions	3 Months Ended				12 Months Ended
	Feb. 01, 2020	Nov. 02, 2019	Aug. 03, 2019	May 04, 2019	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Restructuring Cost and Reserve [Line Items]
Stock-based compensation expense					$ 5.9	$ 4.9	$ 3.1
Pura Vida
Restructuring Cost and Reserve [Line Items]
Pre- tax transaction costs			$ 1.9	$ 0.8	$ 2.7
Transaction costs, after associated tax benefit				$ 0.6
Purchase accounting adjustments	$ 0.1	$ 10.5	1.4
Restructuring charges	1.2	1.1	0.7
Restructuring charges, after the associated tax benefit	1.9	$ 6.8	$ 2.9
Stock-based compensation expense	$ 1.6

Subsequent Event (Details) - Revolving Credit Facility - New Credit Agreement - Subsidiaries - USD ($) $ in Millions	Mar. 31, 2020	Feb. 01, 2020	Sep. 07, 2018
Subsequent Event [Line Items]
Remaining borrowing capacity		$ 75.0	$ 7.5
Subsequent Event
Subsequent Event [Line Items]
Long-term line of credit	$ 60.0
Remaining borrowing capacity	$ 75.0

- Definition

The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement.

+ References + Details

Label	Element	Value
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	$ 454,000
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	(196,000)
Repurchase of Common Stock Incurred but Not yet Paid	vra_RepurchaseofCommonStockIncurredbutNotyetPaid	0
Repurchase of Common Stock Incurred but Not yet Paid	vra_RepurchaseofCommonStockIncurredbutNotyetPaid	0
Repurchase of Common Stock Incurred but Not yet Paid	vra_RepurchaseofCommonStockIncurredbutNotyetPaid	197,000
Repurchase of Common Stock Incurred but Not yet Paid	vra_RepurchaseofCommonStockIncurredbutNotyetPaid	176,000
Capital Expenditures Incurred but Not yet Paid	us-gaap_CapitalExpendituresIncurredButNotYetPaid	1,183,000
Capital Expenditures Incurred but Not yet Paid	us-gaap_CapitalExpendituresIncurredButNotYetPaid	2,204,000
Capital Expenditures Incurred but Not yet Paid	us-gaap_CapitalExpendituresIncurredButNotYetPaid	1,065,000
Capital Expenditures Incurred but Not yet Paid	us-gaap_CapitalExpendituresIncurredButNotYetPaid	559,000
Retained Earnings [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	454,000
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	$ (196,000)

Summary of Significant Accounting Policies Summary of Significant Accounting Policies - Fair Value Measurements (Details) - USD ($) $ in Thousands	Feb. 01, 2020	Feb. 02, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term investments	$ 8,977	$ 19,381
Long-term investments	14,912	23,735
Contingent consideration related to business acquisition	18,448	0
Fair Value, Inputs, Level 1 [Member] \| Fair Value, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	27	2,169
Fair Value, Inputs, Level 2 [Member] \| Fair Value, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	2,198	6,493
Fair Value, Inputs, Level 3 [Member] \| Fair Value, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	0	0
Debt Security, Corporate, US [Member] \| Fair Value, Inputs, Level 2 [Member] \| Fair Value, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term investments	5,613	9,499
Commercial Paper [Member] \| Fair Value, Inputs, Level 2 [Member] \| Fair Value, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term investments	2,489	498
Municipal Notes [Member] \| Fair Value, Inputs, Level 2 [Member] \| Fair Value, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term investments	0	1,265
Debt Security, Corporate, Non-US [Member] \| Fair Value, Inputs, Level 2 [Member] \| Fair Value, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term investments	2,409	4,675
Asset-backed Securities [Member] \| Fair Value, Inputs, Level 2 [Member] \| Fair Value, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term investments	5,498	7,169
Foreign Securities, Other [Member] \| Fair Value, Inputs, Level 2 [Member] \| Fair Value, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term investments	810	0
Estimate of Fair Value Measurement [Member] \| Debt Security, Corporate, US [Member] \| Fair Value, Inputs, Level 1 [Member] \| Fair Value, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term investments	0	0
Long-term investments	0	0
Estimate of Fair Value Measurement [Member] \| Debt Security, Corporate, US [Member] \| Fair Value, Inputs, Level 2 [Member] \| Fair Value, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term investments	3,435	5,769
Estimate of Fair Value Measurement [Member] \| Debt Security, Corporate, US [Member] \| Fair Value, Inputs, Level 3 [Member] \| Fair Value, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term investments	0	0
Long-term investments	0	0
Estimate of Fair Value Measurement [Member] \| Commercial Paper [Member] \| Fair Value, Inputs, Level 1 [Member] \| Fair Value, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term investments	0	0
Estimate of Fair Value Measurement [Member] \| Commercial Paper [Member] \| Fair Value, Inputs, Level 3 [Member] \| Fair Value, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term investments	0	0
Estimate of Fair Value Measurement [Member] \| Municipal Notes [Member] \| Fair Value, Inputs, Level 1 [Member] \| Fair Value, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term investments	0	0
Long-term investments	0	0
Estimate of Fair Value Measurement [Member] \| Municipal Notes [Member] \| Fair Value, Inputs, Level 2 [Member] \| Fair Value, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term investments	1,594	4,190
Estimate of Fair Value Measurement [Member] \| Municipal Notes [Member] \| Fair Value, Inputs, Level 3 [Member] \| Fair Value, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term investments	0	0
Long-term investments	0	0
Estimate of Fair Value Measurement [Member] \| Debt Security, Corporate, Non-US [Member] \| Fair Value, Inputs, Level 1 [Member] \| Fair Value, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term investments	0	0
Long-term investments	0	0
Estimate of Fair Value Measurement [Member] \| Debt Security, Corporate, Non-US [Member] \| Fair Value, Inputs, Level 2 [Member] \| Fair Value, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term investments	1,136	5,808
Estimate of Fair Value Measurement [Member] \| Debt Security, Corporate, Non-US [Member] \| Fair Value, Inputs, Level 3 [Member] \| Fair Value, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term investments	0	0
Long-term investments	0	0
Estimate of Fair Value Measurement [Member] \| Asset-backed Securities [Member] \| Fair Value, Inputs, Level 1 [Member] \| Fair Value, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term investments	0	0
Long-term investments	0	0
Estimate of Fair Value Measurement [Member] \| Asset-backed Securities [Member] \| Fair Value, Inputs, Level 2 [Member] \| Fair Value, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term investments	323	0
Estimate of Fair Value Measurement [Member] \| Asset-backed Securities [Member] \| Fair Value, Inputs, Level 3 [Member] \| Fair Value, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term investments	0	0
Long-term investments	0	0
Estimate of Fair Value Measurement [Member] \| US Treasury Securities [Member] \| Fair Value, Inputs, Level 1 [Member] \| Fair Value, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term investments	0	3,116
Estimate of Fair Value Measurement [Member] \| US Treasury Securities [Member] \| Fair Value, Inputs, Level 2 [Member] \| Fair Value, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term investments	0	0
Estimate of Fair Value Measurement [Member] \| US Treasury Securities [Member] \| Fair Value, Inputs, Level 3 [Member] \| Fair Value, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term investments	0	0
Estimate of Fair Value Measurement [Member] \| Non-U.S. Asset-backed Securities [Member] \| Fair Value, Inputs, Level 2 [Member] \| Fair Value, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term investments	$ 582	$ 1,127