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Subsequent Events
6 Months Ended
Jun. 30, 2014
Subsequent Events [Abstract]  
Subsequent Events
SUBSEQUENT EVENTS
On July 15, 2014, the Company announced that a rigorous evaluation of the Company-operated store portfolio had been performed, which will result in the closure of 44 underperforming stores in the third quarter of 2014. Restructuring charges of $2.3 million were incurred during the three months ended June 30, 2014, representing the impairment of leasehold improvements for Company-operated stores that were expected to be closed as of June 30, 2014. The Company expects a charge to pre-tax earnings in the third quarter of approximately $7.0 million as a result of the restructuring plan.
On July 24, 2014, the Company announced the retirement of its Chief Operating Officer, and on August 6, 2014, the Company announced the retirement of its Chief Executive Officer.