Change in Accounting Principle (Tables)

12 Months Ended

Feb. 02, 2013

New Accounting Pronouncements and Changes in Accounting Principles [Abstract]

Schedule of Change in Accounting Principle

As a result of the retroactive application of the change in accounting for inventory, the following items in the Company's Consolidated Statements of Operations and Comprehensive Income and Consolidated Statements of Cash Flows have been restated:

Fiscal Year Ended January 28, 2012 (in thousands, except per share data)

	As Reported			Effect of Change			As Restated
Net Sales	$	4,158,058		$	—		$	4,158,058
Cost of Goods Sold	1,639,188			(31,354		)	1,607,834
Gross Profit	2,518,870			31,354			2,550,224
Operating Income	190,030			31,354			221,384
Income from Continuing Operations Before Taxes	186,453			31,354			217,807
Tax Expense for Continuing Operations	59,591			15,078			74,669
Net Income from Continuing Operations	126,862			16,276			143,138
Net Income	127,658			16,276			143,934
Net Income Per Share from Continuing Operations:
Basic	$	1.46		$	0.19		$	1.65
Diluted	$	1.42		$	0.18		$	1.60
Net Income Per Share:
Basic	$	1.47		$	0.19		$	1.66
Diluted	$	1.43		$	0.18		$	1.61
Foreign Currency Translation Adjustments	(8,655		)	(3		)	(8,658		)
Other Comprehensive Income (Loss)	12,971			(3		)	12,968
Comprehensive Income	140,629			16,273			156,902

	As Reported			Effect of Change			As Restated
Cash flow from operating activities:
Net Income	$	127,658		$	16,276		$	143,934
Deferred Taxes	(46,330		)	15,078			(31,252		)
Inventories	(184,784		)	(31,349		)	(216,133		)

Fiscal Year Ended January 29, 2011 (in thousands, except per share data)

	As Reported		Effect of Change			As Restated
Net Sales	$	3,468,777	$	—		$	3,468,777
Cost of Goods Sold	1,256,596		(5,248		)	1,251,348
Gross Profit	2,212,181		5,248			2,217,429
Operating Income	231,932		5,248			237,180
Income from Continuing Operations Before Taxes	228,570		5,248			233,818
Tax Expense for Continuing Operations	78,287		(178		)	78,109
Net Income from Continuing Operations	150,283		5,426			155,709
Net Income	150,283		5,426			155,709
Net Income Per Share from Continuing Operations:
Basic	$	1.71	$	0.06		$	1.77
Diluted	$	1.67	$	0.06		$	1.73
Net Income Per Share:
Basic	$	1.71	$	0.06		$	1.77
Diluted	$	1.67	$	0.06		$	1.73
Foreign Currency Translation Adjustments	3,399		$	(161	)	$	3,238
Other Comprehensive Income (Loss)	2,457		$	(161	)	$	2,296
Comprehensive Income	152,740		$	5,265		$	158,005

	As Reported			Effect of Change			As Restated
Cash flow from operating activities:
Net Income	$	150,283		$	5,426		$	155,709
Deferred Taxes	(27,823		)	(178		)	(28,001		)
Inventories	(74,689		)	(5,180		)	(79,869		)

As a result of the retroactive application of the change in accounting for inventories, the following items in the Company's Consolidated Balance Sheets have been restated:

January 28, 2012 (in thousands):

	As Reported		Effect of Change			As Restated
Inventories	$	569,818	$	110,117		$	679,935
Deferred Income Taxes	77,120		(41,238		)	35,882
Total Current Assets	1,488,775		68,879			1,557,654
Total Assets	3,048,153		68,879			3,117,032
Retained Earnings	2,320,571		69,043			2,389,614
Total Stockholders' Equity	1,862,456		68,879			1,931,335
Total Liabilities and Stockholders' Equity	3,048,153		68,879			3,117,032