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Deferred Lease Credits
3 Months Ended
Apr. 30, 2011
Deferred Lease Credit Abstract  
DeferredLeaseCreditsDisclosureTextBlock

10. DEFERRED LEASE CREDITS

 

Deferred lease credits are derived from payments received from landlords to wholly or partially offset store construction costs and are classified between current and long-term liabilities. The amounts, which are amortized over the respective lives of the related leases, consisted of the following (in thousands):

 April 30, 2011 January 29, 2011
Deferred lease credits$ 555,451 $ 544,223
Amortized deferred lease credits  (321,205)   (310,066)
Total deferred lease credits, net$ 234,246 $ 234,157