Facility Closure Reserves (Tables)

6 Months Ended

Jun. 30, 2012

Facility Closure Reserve Account Activity

Facility closure reserve account activity during the first six months of 2012 was as follows:

	Total
	(thousands)
Balance at December 31, 2011	$	49,075
Charges related to stores closed in 2012		25,266
Transfer of deferred rent and other balances		1,275
Cash payments		(9,395	)
Accretion		1,653
Balance at June 30, 2012	$	67,874

Reserve Balances Classified In The Consolidated Balance Sheets

Reserve balances were classified in the Consolidated Balance Sheets as follows:

	June 30, 2012
	(thousands)
Accrued expenses and other current liabilities - Other	$	16,311
Other long-term liabilities		51,563
Total	$	67,874

Summary Of The Facilities Closure Reserve

The facilities closure reserve consisted of the following:

	June 30, 2012
	(thousands)
Estimated future lease obligations	$	125,909
Less: anticipated sublease income		(58,035	)
Total	$	67,874