QUARTERLY FINANCIAL DATA

12 Months Ended

Feb. 02, 2013

Quarterly Financial Information Disclosure [Abstract]

QUARTERLY FINANCIAL DATA

QUARTERLY FINANCIAL DATA (UNAUDITED)

In the opinion of management, the unaudited consolidated financial statements presented below contain all material adjustments, consisting of normal recurring accruals, necessary to present fairly the Company's financial position and results of operations and have been prepared in a manner consistent with the audited financial statements contained herein. Due to the seasonal nature of the Company's business, the results of operations in any given interim period are not indicative of operating results for a full fiscal year.

15. QUARTERLY FINANCIAL DATA (UNAUDITED) (Continued)

The interim financial data presented below for Fiscal 2011 and the first three quarters of Fiscal 2012 have been adjusted to retrospectively adopt a change in accounting principle related to the Company's method of valuing inventory effective during the fourth quarter of Fiscal 2012. See Note 2 for the impact of the change in accounting principle on the quarterly financial information.

	Fiscal Year Ended February 2, 2013
	First Quarter		Second Quarter			Third Quarter		Fourth Quarter (1)
Net sales	$	438,508	$	360,826		$	500,928	$	509,224
Gross profit	178,645		114,705			209,533		188,557
Selling, general and administrative expenses	122,283		120,671			131,875		136,089
Asset impairment charges	1,250		280			539		215
Other costs	834		3,062			570		6,622
Depreciation and amortization	17,218		17,482			23,023		19,712
Operating income (loss)	37,060		(26,790		)	53,526		25,919
Income (loss) from continuing operations before   income taxes	37,009		(26,820		)	53,503		26,003
Provision (benefit) for income taxes	12,275		(8,896		)	16,198		6,875
Income (loss) from continuing operations	24,734		(17,924		)	37,305		19,128
Diluted earnings (loss) per share from continuing operations	$	1.00	$	(0.74	)	$	1.54	$	0.80
Diluted weighted average common shares outstanding	24,691		24,249			24,293		23,789

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(1) Significant items impacting the fourth quarter of Fiscal 2012 include approximately $6.6 million of lease termination costs (net of anticipated sublease income) and severance related to the closing of the Northeast DC which are included in other costs in the accompanying consolidated statements of operations. The Company also recorded $2.0 million of accelerated depreciation related to the closing of the Northeast DC which is included in depreciation and amortization in the accompanying consolidated statements of operations.

	Fiscal Year Ended January 28, 2012
	First Quarter		Second Quarter			Third Quarter		Fourth Quarter (1)
Net sales	$	430,806	$	343,508		$	484,085	$	457,463
Gross profit	181,429		117,574			198,026		162,620
Selling, general and administrative expenses	116,662		112,446			127,229		121,088
Asset impairment charges	398		980			369		461
Depreciation and amortization	17,751		18,478			18,493		19,851
Operating income (loss)	46,618		(14,330		)	51,935		21,220
Income (loss) from continuing operations before   income taxes	46,347		(14,644		)	51,865		21,185
Provision (benefit) for income taxes	18,577		(5,757		)	19,728		(2,140		)
Income (loss) from continuing operations	27,770		(8,887		)	32,137		23,325
Diluted earnings (loss) per share from continuing operations	$	1.05	$	(0.35	)	$	1.27	$	0.93
Diluted weighted average common shares outstanding	26,387		25,738			25,279		25,033

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(1) Significant items impacting the fourth quarter of Fiscal 2011 include a reversal of performance-based compensation expense of approximately $7.8 million related to operating results versus plan, an approximate $5.6 million reversal of tax provision related to the Company becoming permanently reinvested in its Asian subsidiaries, an approximate $2.2 million tax benefit related to a portion of the settlement of a tax audit, and approximately $0.9 million of accelerated depreciation associated with the early remodel of certain Canadian stores.