XML 19 R38.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidating Financial Information (Details 2) (USD $)
3 Months Ended 6 Months Ended
Aug. 03, 2013
Jul. 28, 2012
Aug. 03, 2013
Jul. 28, 2012
Net sales $ 904,000,000 $ 892,000,000 $ 1,897,000,000 $ 1,870,000,000
Cost of sales and occupancy expense 567,000,000 557,000,000 1,151,000,000 1,124,000,000
Gross profit 337,000,000 335,000,000 746,000,000 746,000,000
Selling, general, and administrative expense 254,000,000 251,000,000 526,000,000 510,000,000
Share-based compensation 8,000,000 3,000,000 11,000,000 7,000,000
Related party expenses 3,000,000 4,000,000 7,000,000 7,000,000
Store pre-opening costs 1,000,000 1,000,000 3,000,000 2,000,000
Operating income 71,000,000 76,000,000 199,000,000 220,000,000
Interest expense 45,000,000 61,000,000 92,000,000 127,000,000
Refinancing costs and losses on early extinguishment of debt     7,000,000  
Other (income) and expense, net 1,000,000   1,000,000 (1,000,000)
Income before income taxes 25,000,000 15,000,000 99,000,000 94,000,000
Provision for income taxes 8,000,000 6,000,000 36,000,000 34,000,000
Net income 17,000,000 9,000,000 63,000,000 60,000,000
Other comprehensive income, net of tax:        
Foreign currency translation adjustment and other (1,000,000) (2,000,000) (2,000,000)  
Comprehensive income 16,000,000 7,000,000 61,000,000 60,000,000
Parent Company
       
Net sales 783,000,000 777,000,000 1,652,000,000 1,638,000,000
Cost of sales and occupancy expense 522,000,000 519,000,000 1,077,000,000 1,056,000,000
Gross profit 261,000,000 258,000,000 575,000,000 582,000,000
Selling, general, and administrative expense 221,000,000 218,000,000 455,000,000 442,000,000
Share-based compensation 6,000,000 2,000,000 9,000,000 6,000,000
Related party expenses 3,000,000 4,000,000 7,000,000 7,000,000
Store pre-opening costs 1,000,000 1,000,000 3,000,000 2,000,000
Operating income 30,000,000 33,000,000 101,000,000 125,000,000
Interest expense 45,000,000 61,000,000 92,000,000 127,000,000
Refinancing costs and losses on early extinguishment of debt     7,000,000  
Intercompany charges (income) 12,000,000 15,000,000 25,000,000 32,000,000
Equity in earnings of subsidiaries 52,000,000 58,000,000 122,000,000 128,000,000
Income before income taxes 25,000,000 15,000,000 99,000,000 94,000,000
Provision for income taxes 8,000,000 6,000,000 36,000,000 34,000,000
Net income 17,000,000 9,000,000 63,000,000 60,000,000
Other comprehensive income, net of tax:        
Foreign currency translation adjustment and other (1,000,000) (2,000,000) (2,000,000)  
Comprehensive income 16,000,000 7,000,000 61,000,000 60,000,000
Guarantor Subsidiaries
       
Net sales 534,000,000 521,000,000 1,081,000,000 1,070,000,000
Cost of sales and occupancy expense 458,000,000 444,000,000 910,000,000 906,000,000
Gross profit 76,000,000 77,000,000 171,000,000 164,000,000
Selling, general, and administrative expense 33,000,000 33,000,000 71,000,000 68,000,000
Share-based compensation 2,000,000 1,000,000 2,000,000 1,000,000
Operating income 41,000,000 43,000,000 98,000,000 95,000,000
Other (income) and expense, net 1,000,000   1,000,000 (1,000,000)
Intercompany charges (income) (12,000,000) (15,000,000) (25,000,000) (32,000,000)
Income before income taxes 52,000,000 58,000,000 122,000,000 128,000,000
Provision for income taxes 13,000,000 22,000,000 44,000,000 46,000,000
Net income 39,000,000 36,000,000 78,000,000 82,000,000
Other comprehensive income, net of tax:        
Comprehensive income 39,000,000 36,000,000 78,000,000 82,000,000
Eliminations
       
Net sales (413,000,000) (406,000,000) (836,000,000) (838,000,000)
Cost of sales and occupancy expense (413,000,000) (406,000,000) (836,000,000) (838,000,000)
Equity in earnings of subsidiaries (52,000,000) (58,000,000) (122,000,000) (128,000,000)
Income before income taxes (52,000,000) (58,000,000) (122,000,000) (128,000,000)
Provision for income taxes (13,000,000) (22,000,000) (44,000,000) (46,000,000)
Net income (39,000,000) (36,000,000) (78,000,000) (82,000,000)
Other comprehensive income, net of tax:        
Comprehensive income $ (39,000,000) $ (36,000,000) $ (78,000,000) $ (82,000,000)