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INVENTORIES
12 Months Ended
Feb. 01, 2020
Inventories, Net [Abstract]  
Inventory Disclosure [Text Block] INVENTORIES

Inventories consisted of:
(in thousands)
February 1, 2020

 
February 2, 2019

Inventories at original cost
$
456,335

 
$
458,860

Less: Lower of cost and net realizable value adjustment
(14,925
)
 
(13,951
)
Less: Shrink estimate
(7,084
)
 
(7,030
)
Inventories (1)
$
434,326

 
$
437,879



(1)  
Includes $92.3 million and $89.3 million of inventory in transit, merchandise owned by the Company that has not yet been received at a Company distribution center, as of February 1, 2020 and February 2, 2019, respectively.

A summary of the Company’s vendors based on location and the dollar cost of merchandise receipts during Fiscal 2019, Fiscal 2018 and Fiscal 2017 follows:
 
% of Total Company Merchandise Receipts (1)
Location
Fiscal 2019
 
Fiscal 2018
 
Fiscal 2017
Vietnam
36
%
 
29
%
 
24
%
China (2)
22
%
 
36
%
 
42
%
Other  (3)
42
%
 
35
%
 
34
%
Total
100
%
 
100
%
 
100
%

(1) 
Calculated as the cost of merchandise receipts from all vendors within a country during the respective fiscal year divided by cost of total merchandise receipts during the respective fiscal year.
(2) 
Only a portion of the Company’s total merchandise sourced from China is subject to the additional U.S. tariffs on imported consumer goods that were effective beginning in Fiscal 2019. The Company estimates approximately 15%, 25% and 28% of total merchandise receipts were imported to the U.S. from China in Fiscal 2019, Fiscal 2018 and Fiscal 2017, respectively.
(3) 
No country included within this category sourced more than 10% of total merchandise receipts during any fiscal year presented above.

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