Business Segment Data

3 Months Ended

Apr. 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:

	Thirteen Weeks Ended
(in thousands)	April 28, 2012									April 30, 2011
	U.S.			Canada			Total			U.S.			Canada		Total
Net sales	$	1,262,235		$	32,246		$	1,294,481		$	1,227,274		$	—	$	1,227,274
Depreciation expense	24,424			864			25,288			20,664			—		20,664
Operating profit (loss)	74,995			(6,153		)	68,842			86,298			—		86,298
Interest expense	(336		)	—			(336		)	(501		)	—		(501		)
Other income (expense)	—			37			37			112			—		112
Income (loss) from continuing operations before income taxes	74,659			(6,116		)	68,543			85,909			—		85,909
Income tax expense	27,763			—			27,763			33,378			—		33,378
Income (loss) from continuing operations	$	46,896		$	(6,116	)	$	40,780		$	52,531		$	—	$	52,531
(in thousands)	April 28, 2012									January 28, 2012
	U.S.			Canada			Total			U.S.			Canada		Total
Total assets	$	1,615,420		$	61,385		$	1,676,805		$	1,586,035		$	55,275	$	1,641,310

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.  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, the categories formerly known as Hardlines and Other were reorganized and are now known as Play n' Wear and Hardlines & Other, respectively.

The following is net sales data by segment and category:

(in thousands)		First Quarter
		2012		2011
U.S.
	Consumables	$	377,933	$	375,481
	Furniture	286,904		258,519
	Home	191,177		183,891
	Seasonal	173,405		169,337
	Play n' Wear	134,087		144,919
	Hardlines & Other	98,729		95,127
	Total U.S.	1,262,235		1,227,274
Canada		32,246		—
Net sales		$	1,294,481	$	1,227,274