Burlington Stores(BURL) - 2024 Q3 - Quarterly Report

As of October 28, 2023, the Company had a deferred tax asset related to tax credit carry-forwards of $9.9 million, inclusive of $9.5 million of state tax credit carry-forwards, which will begin to expire in 2024, and $0.4 million of deferred tax assets recorded for Puerto Rico alternative minimum tax credits that have an indefinite life. 8. Capital Stock The Company accounts for treasury stock under the cost method. During the nine month period ended October 28, 2023, the Company acquired 62,028 shares of c ...