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INVENTORIES
12 Months Ended
Feb. 03, 2018
Inventories, Net [Abstract]  
Inventory Disclosure [Text Block]
INVENTORIES

Inventories consisted of:
(in thousands)
February 3, 2018
 
January 28, 2017
Inventories at original cost
$
446,559

 
$
425,807

Less: Lower of cost and net realizable value adjustment
(13,362
)
 
(18,402
)
Less: Shrink estimate
(8,804
)
 
(7,610
)
Inventories
$
424,393

 
$
399,795



Inventories included inventory in transit from vendors of $80.2 million and $79.2 million at February 3, 2018 and January 28, 2017, respectively. Inventory in transit is merchandise owned by the Company that has not yet been received at a Company distribution center.

Refer to Note 2, SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Inventories,” for discussion regarding significant accounting policies related to the Company’s inventories.