Assets and liabilities measured at fair value

12 Months Ended

Jan. 30, 2015

Assets and liabilities measured at fair value

Assets and liabilities measured at fair value

6. Assets and liabilities measured at fair value

        The following table presents the Company's assets and liabilities measured at fair value on a recurring basis as of January 30, 2015, aggregated by the level in the fair value hierarchy within which those measurements are classified.

(In thousands)	Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Balance at January 30, 2015
Liabilities:
Long-term obligations(a)	$	2,714,094	$	17,870	$	—	$	2,731,964
Derivative financial instruments(b)		—		1,173		—		1,173
Deferred compensation(c)		22,336		—		—		22,336

(a)	Reflected at book value in the consolidated balance sheet as Current portion of long-term obligations of $101,158 and Long-term obligations of $2,639,427.
(b)	Reflected at fair value in the consolidated balance sheet as Accrued expenses and other current liabilities.
(c)	Reflected at fair value in the consolidated balance sheet as Accrued expenses and other current liabilities of $2,070 and noncurrent Other liabilities of $20,266.

        The carrying amounts reflected in the consolidated balance sheets for cash, cash equivalents, short-term investments, receivables and payables approximate their respective fair values. The Company does not have any recurring fair value measurements using significant unobservable inputs (Level 3) as of January 30, 2015.