SEGMENT INFORMATION (Tables)

9 Months Ended

Nov. 02, 2013

Schedule of segment level financial information



	Thirteen Weeks Ended						Thirty-nine Weeks Ended
	November 2, 2013			October 27, 2012			November 2, 2013			October 27, 2012
Net sales:
The Children’s Place U.S.	$	421,070		$	424,854		$	1,124,676		$	1,119,690
The Children’s Place International	71,610			76,074			173,616			180,572
Total net sales	$	492,680		$	500,928		$	1,298,292		$	1,300,262
Gross profit:
The Children’s Place U.S.	$	168,753		$	173,384		$	419,243		$	425,394
The Children’s Place International	33,008			36,149			71,968			77,489
Total gross profit	$	201,761		$	209,533		$	491,211		$	502,883
Gross Margin:
The Children’s Place U.S.	40.1		%	40.8		%	37.3		%	38.0		%
The Children’s Place International	46.1		%	47.5		%	41.5		%	42.9		%
Total gross margin	41.0		%	41.8		%	37.8		%	38.7		%
Operating income:
The Children’s Place U.S. (1)	$	49,199		$	40,407		$	42,178		$	49,274
The Children’s Place International (2)	12,368			13,119			12,202			14,522
Total operating income	$	61,567		$	53,526		$	54,380		$	63,796
Operating income as a percent of net sales:
The Children’s Place U.S.	11.7		%	9.5		%	3.8		%	4.4		%
The Children’s Place International	17.3		%	17.2		%	7.0		%	8.0		%
Total operating income	12.5		%	10.7		%	4.2		%	4.9		%
Depreciation and amortization:
The Children’s Place U.S.	$	14,584		$	19,497		$	43,065		$	48,220
The Children’s Place International	1,889			3,526			5,825			9,503
Total depreciation and amortization	$	16,473		$	23,023		$	48,890		$	57,723
Capital expenditures:
The Children’s Place U.S.	$	17,117		$	24,783		$	49,391		$	60,073
The Children’s Place International	1,371			2,360			7,767			11,307
Total capital expenditures	$	18,488		$	27,143		$	57,158		$	71,380

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(1)

Includes other costs (income) associated with the closures of the West Coast DC and Northeast DC of $0.2 million and $0.6 million for the Third Quarter 2013 and Third Quarter 2012, respectively, and $(0.8) million and $4.5 million, for Year-To-Date 2013 and Year-To-Date 2012, respectively. Also includes a $20.8 million impairment charge for Year-To-Date 2013 and a $0.5 million and $2.1 million impairment charge for Third Quarter 2012 and Year-To-Date 2012, respectively. There was no impairment charge for the Third Quarter 2013. Also includes additional costs incurred related to restructuring, severance and reorganizations of approximately $0.3 million and $0.0 million for the Third Quarter 2013 and Third Quarter 2012, respectively and $2.5 million and $3.9 million for Year-To-Date 2013 and Year-To-Date 2012, respectively.


(2)	Includes a $1.0 million impairment charge for Year-To-Date 2013.



	November 2, 2013		February 2, 2013		October 27, 2012
Total assets:
The Children’s Place U.S.	$	810,644	$	746,911	$	785,640
The Children’s Place International	164,073		176,499		173,371
Total assets	$	974,717	$	923,410	$	959,011

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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