Derivative Instruments and Hedging Activities (Tables)

6 Months Ended

Feb. 01, 2013

Derivative Instruments and Hedging Activities [Abstract]

Summary of interest rate swaps

A summary of the Company's interest rate swaps is as follows:

Trade Date	Effective Date	Term (in Years)		Notional Amount		Fixed Rate
May 4, 2006	August 3, 2006		7	$	525,000		5.57	%
August 10, 2010	May 3, 2013		2		200,000		2.73	%
July 25, 2011	May 3, 2013		2		50,000		2.00	%
July 25, 2011	May 3, 2013		3		50,000		2.45	%
September 19, 2011	May 3, 2013		2		25,000		1.05	%
September 19, 2011	May 3, 2013		2		25,000		1.05	%
December 7, 2011	May 3, 2013		3		50,000		1.40	%

Schedule of estimated fair value of derivative instruments

The estimated fair values of the Company's derivative instruments as of February 1, 2013 and August 3, 2012 were as follows:

	Balance Sheet Location	February 1, 2013		August 3, 2012
Interest rate swap	Current interest rate swap liability	$	6,959	$	20,215
Interest rate swaps	Long-term interest rate swap liability		14,911		14,166
Total (See Note 2)		$	21,870	$	34,381

Schedule of pre-tax effects of derivative instruments on income and AOCL

The following table summarizes the pre-tax effects of the Company's derivative instruments on AOCL for the six-month period ended February 1, 2013 and the year ended August 3, 2012:

	Amount of Income Recognized in AOCL on Derivatives (Effective Portion)
	Six Months Ended		Year Ended
	February 1, 2013		August 3, 2012
Cash flow hedges:
Interest rate swaps	$	12,511	$	17,223

The following table summarizes the pre-tax effects of the Company's derivative instruments on income for the quarters and six-month periods ended February 1, 2013 and January 27, 2012:

	Location of Loss Reclassified from AOCL into Income (Effective Portion)	Amount of Loss Reclassified from AOCL into Income (Effective Portion)
		Quarter Ended				Six Months Ended
		February 1, 2013		January 27 2012		February 1, 2013		January 27, 2012
Cash flow hedges:
Interest rate swaps	Interest expense	$	7,030	$	7,467	$	7,030	$	14,912