Deferred Lease Credits

3 Months Ended

May 03, 2014

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 terms of the related leases, consisted of the following (in thousands):



	May 3, 2014			February 1, 2014
Deferred lease credits	$	534,799		$	543,040
Amortized deferred lease credits	(364,442		)	(366,076		)
Total deferred lease credits, net	$	170,357		$	176,964