Inventories	6 Months Ended
Aug. 02, 2014
Inventory Disclosure [Abstract]
INVENTORIES	INVENTORIES Inventories are principally valued at the lower of cost or market on a weighted-average cost basis. The Company writes down inventory through a lower of cost or market adjustment, the impact of which is reflected in Cost of Goods Sold on the Consolidated Statements of Operations and Comprehensive Income (Loss). This adjustment is based on management's judgment regarding future demand and market conditions and analysis of historical experience. The lower of cost or market reserve for inventory was $13.7 million and $22.1 million at August 2, 2014 and February 1, 2014, respectively. Additionally, as part of inventory valuation, inventory shrinkage estimates based on historical trends from actual physical inventories are made each period that reduce the inventory value for lost or stolen items. The Company performs physical inventories on a periodic basis and adjusts the shrink reserve accordingly. The shrink reserve was $9.6 million and $13.6 million at August 2, 2014 and February 1, 2014, respectively. The inventory balance, net of reserves, was $550.2 million and $530.2 million at August 2, 2014 and February 1, 2014, respectively. These balances included inventory in transit balances of $58.3 million and $76.4 million at August 2, 2014 and February 1, 2014, respectively. Inventory in transit is merchandise considered to be owned by the Company that has not yet been received at a Company distribution center.

Inventories

6 Months Ended

Aug. 02, 2014

Inventories are principally valued at the lower of cost or market on a weighted-average cost basis. The Company writes down inventory through a lower of cost or market adjustment, the impact of which is reflected in Cost of Goods Sold on the Consolidated Statements of Operations and Comprehensive Income (Loss). This adjustment is based on management's judgment regarding future demand and market conditions and analysis of historical experience. The lower of cost or market reserve for inventory was $13.7 million and $22.1 million at August 2, 2014 and February 1, 2014, respectively.

Additionally, as part of inventory valuation, inventory shrinkage estimates based on historical trends from actual physical inventories are made each period that reduce the inventory value for lost or stolen items. The Company performs physical inventories on a periodic basis and adjusts the shrink reserve accordingly. The shrink reserve was $9.6 million and $13.6 million at August 2, 2014 and February 1, 2014, respectively.

The inventory balance, net of reserves, was $550.2 million and $530.2 million at August 2, 2014 and February 1, 2014, respectively. These balances included inventory in transit balances of $58.3 million and $76.4 million at August 2, 2014 and February 1, 2014, respectively. Inventory in transit is merchandise considered to be owned by the Company that has not yet been received at a Company distribution center.