Restructuring and Other Charges (Tables)

12 Months Ended

Jan. 28, 2012

Restructuring and Related Activities [Abstract]

Schedule of restructuring and other charges

The following table summarizes our restructuring and other charges:



	Costs Incurred as of		Costs Incurred for Fiscal Year Ended			Estimated Remaining Costs			Total Estimated/ Actual Costs as of
(In thousands)	January 29, 2011		January 28, 2012			To be Incurred			January 28, 2012
Fiscal 2011 Announcements
Transformational initiatives	$	—	$	6,194		$	3,813	⁽¹⁾	$	10,007
Store impairment charges	—		654			—			654
Store lease termination charges	—		2,254			—			2,254

Fiscal 2010 Announcements
Closing of under-performing stores:
Non-cash impairment charge for CATHERINES^® stores in outlet locations	3,210		—			—			3,210
Store lease termination and other charges	—		208			4,200			4,408
Severance for departure of former CEO	2,898		—			—			2,898

Fiscal 2009 Announcements
Closing of PETITE SOPHISTICATE OUTLET® stores:
Non-cash accelerated depreciation	612		—			—			612
Store lease termination charges	1,070		—			—			1,070
Other non-cash costs	195		—			—			195
Closing of under-performing stores:
Store lease termination charges	2,691		1,932			300			4,923

Fiscal 2007 and Fiscal 2008 Announcements
Lease termination and accretion charges	11,575		(18		)	1,555		⁽²⁾	13,112
Severance, retention, and other costs	5,123		14			—			5,137
Closing of under-performing stores:
Store lease termination charges	8,305		—			—			8,305
Total	$	35,679	$	11,238		$	9,868		$	56,785


(1)	We cannot estimate all remaining costs related to our plans to divest FASHION BUG and to undertake a comprehensive strategic review at this time as we cannot assure the implementation of the divestiture or any additional courses of action that may result from the review.


(2)	Accretion charges related to lease termination liability for assets retained from the sale of our Crosstown Traders apparel catalogs.

Schedule of accrued restructuring and other charges

The following table summarizes our accrued restructuring and other charges:



	Accrued		Year Ended						Accrued
	as of		January 28, 2012						as of
(In thousands)	January 29, 2011⁽¹⁾		Costs Incurred			Payments/ Settlements			January 28, 2012⁽¹⁾
Fiscal 2011 Announcements
Transformational initiatives	$	—	$	6,194		$	(3,980	)	$	2,214
Store lease termination charges	—		2,345			(1,002		)	1,343

Fiscal 2010 Announcements
Severance for departure of former CEO	1,910		—			(1,122		)	788
Closing of under-performing stores:
Store lease termination charges	619		1,465			(1,423		)	661

Fiscal 2009 Announcements
Closing of PETITE SOPHISTICATE OUTLET stores:
Store lease termination charges	599		—			(436		)	163
Closing of under-performing stores:
Store lease termination charges	485		2,249			(983		)	1,751

Fiscal 2007 and Fiscal 2008 Announcements
Non-core misses apparel assets:
Lease termination charges	7,074		(18		)	(2,900		)	4,156
Other costs	153		—			—			153
Transformational initiatives:
Severance and retention costs	117		14			(131		)	—
Closing of under-performing stores:
Store lease termination charges	798		—			(333		)	465
Total	$	11,755	$	12,249		$	(12,310	)	$	11,694


(1)	Included in “Accrued expenses” in the accompanying condensed consolidated balance sheets.

- Definition

Tabular disclosure of restructuring and related costs by type of restructuring including the description of the restructuring costs, such as the expected cost; the costs incurred during the period; the cumulative costs incurred as of the balance sheet date; the income statement caption within which the restructuring charges recognized for the period are included; and changes to an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost.

+ References+ Details

- Definition

Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period.

+ References+ Details