Business Segment Data

12 Months Ended

Jan. 28, 2012

Segment Reporting [Abstract]

BUSINESS SEGMENT DATA

BUSINESS SEGMENT DATA

We manage our business as two segments: U.S. and Canada.  The following tables summarize net sales, results of operations, and total assets, by segment:

(in thousands)	2011									2010								2009
	U.S.			Canada			Total			U.S.			Canada		Total			U.S.			Canada		Total
Net sales	$	5,140,164		$	62,105		$	5,202,269		$	4,952,244		$	—	$	4,952,244		$	4,726,772		$	—	$	4,726,772
Depreciation expense	88,469			1,811			90,280			78,606			—		78,606			74,904			—		74,904
Operating profit (loss)	357,814			(12,219		)	345,595			357,345			—		357,345			325,010			—		325,010
Interest expense	(2,739		)	(791		)	(3,530		)	(2,573		)	—		(2,573		)	(1,840		)	—		(1,840		)
Other income (expense)	163			(336		)	(173		)	612			—		612			175			—		175
Income (loss) from continuing operations before income taxes	355,238			(13,346		)	341,892			355,384			—		355,384			323,345			—		323,345
Income tax expense	134,657			—			134,657			132,837			—		132,837			121,975			—		121,975
Income (loss) from continuing operations	$	220,581		$	(13,346	)	$	207,235		$	222,547		$	—	$	222,547		$	201,370		$	—	$	201,370
(in thousands)	January 28, 2012									January 29, 2011
	U.S.			Canada			Total			U.S.			Canada		Total
Total assets	$	1,586,035		$	55,275		$	1,641,310		$	1,619,599		$	—	$	1,619,599

Our U.S. segment uses the following six merchandise categories, which match our internal management and reporting of merchandise net sales:  Consumables, Furniture, Home, Seasonal, Play n' Wear, and Hardlines & Other.  The Consumables category includes the food, health and beauty, plastics, paper, chemical, and pet departments.  The Furniture category includes the upholstery, mattresses, ready-to-assemble, and case goods departments.  Case goods consist of bedroom, dining room, fireplaces, and other occasional furniture.  The Home category includes the domestics, stationery, and home decorative departments.  The Seasonal category includes the lawn & garden, Christmas, summer, and other holiday departments.  The Play n' Wear category includes the electronics, toy, jewelry, infant accessories, and apparel departments.  The Hardlines & Other

category includes the appliances, tools, paint, and home maintenance departments, as well as the results of certain large closeout deals that are typically acquired through our alternate product sourcing operations. In the third quarter of 2011, we realigned the merchandise categories reported in our U.S. segment to be consistent with the realignment of our merchandising team. As discussed in the Reclassifications section of note 1 to the accompanying consolidated financial statements, the categories known as Hardlines and Other prior to the third quarter of 2011 are now known as Play n' Wear and Hardlines & Other, respectively.

The following table presents net sales data by segment and category:

(In thousands)		2011		2010		2009
U.S.
	Consumables	$	1,571,771	$	1,452,783	$	1,456,370
	Furniture	883,341		829,725		716,785
	Home	799,494		783,860		717,744
	Play n' Wear	776,445		811,750		806,247
	Seasonal	683,498		642,220		591,321
	Hardlines & Other	425,615		431,906		438,305
	Total U.S.	5,140,164		4,952,244		4,726,772
Canada		62,105		—		—
Net sales		$	5,202,269	$	4,952,244	$	4,726,772