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CREDIT FACILITY (Tables)
12 Months Ended
Jan. 28, 2012
Debt Disclosure [Abstract]  
Components of credit facility
 
January 28,
2012
 
January 29,
2011
Credit facility maximum
$
150.0

 
$
200.0

Borrowing base
150.0

 
168.4

 
 
 
 
Outstanding borrowings

 

Letters of credit outstanding—merchandise
23.1

 
41.3

Letters of credit outstanding—standby
11.2

 
11.0

Utilization of credit facility at end of period
34.3

 
52.3

 
 
 
 
Availability (1)
$
115.7

 
$
116.1

 
 
 
 
Interest rate at end of period (2)
4.0
%
 
3.3
%
 
Fiscal
2011
 
Fiscal
2010
Average end of day loan balance during the period
$

 
$

Highest end of day loan balance during the period
0.2

 
0.1

Average interest rate
3.6
%
 
3.3
%
____________________________________________
(1)
The sublimit availability for letters of credit was $90.7 million and $116.1 million at January 28, 2012 and January 29, 2011, respectively.
(2)
Prior to the 2011 Amendment, the disclosed interest rate at the end of the period was equal to the prime rate. Effective with the 2011 Amendment, the disclosed interest rate at the end of the period was equal to the prime rate plus a 0.75% fee, as noted above