SUBSEQUENT EVENTS

6 Months Ended

Jul. 30, 2011

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS

12. SUBSEQUENT EVENTS

As more fully described in Note 7, on August 16, 2011, the Credit Agreement was amended, which provides for, among other things, an extension of its term to August 2016, a reduction in the interest rates and fees applicable to borrowings and uses of letters of credit, and the elimination of the maximum capital expenditures covenant.  In conjunction with the amendment, the Company paid $0.7 million in additional deferred financing costs.

Subsequent to July 30, 2011 and through August 31, 2011, the Company repurchased an additional 0.3 million shares for approximately $11.2 million, which brought the total under the 2011 Share Repurchase Program to approximately $47.7 million.