Business Segment Data

6 Months Ended

Jul. 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)	July 28, 2012									July 30, 2011
	U.S.			Canada			Total			U.S.			Canada			Total
Net sales	$	1,183,023		$	35,014		$	1,218,037		$	1,163,201		$	3,934		$	1,167,135
Depreciation expense	25,468			803			26,271			21,349			79			21,428
Operating profit (loss)	42,627			(3,283		)	39,344			60,148			(387		)	59,761
Interest expense	(895		)	—			(895		)	(544		)	(790		)	(1,334		)
Other income (expense)	—			(38		)	(38		)	42			12			54
Income (loss) from continuing operations before income taxes	41,732			(3,321		)	38,411			59,646			(1,165		)	58,481
Income tax expense	16,321			—			16,321			22,767			—			22,767
Income (loss) from continuing operations	$	25,411		$	(3,321	)	$	22,090		$	36,879		$	(1,165	)	$	35,714
	Twenty-Six Weeks Ended
(in thousands)	July 28, 2012									July 30, 2011
	U.S.			Canada			Total			U.S.			Canada			Total
Net sales	$	2,445,258		$	67,260		$	2,512,518		$	2,390,475		$	3,934		$	2,394,409
Depreciation expense	49,892			1,667			51,559			42,013			79			42,092
Operating profit (loss)	117,622			(9,436		)	108,186			146,446			(387		)	146,059
Interest expense	(1,231		)	—			(1,231		)	(1,045		)	(790		)	(1,835		)
Other income (expense)	—			(1		)	(1		)	154			12			166
Income (loss) from continuing operations before income taxes	116,391			(9,437		)	106,954			145,555			(1,165		)	144,390
Income tax expense	44,084			—			44,084			56,145			—			56,145
Income (loss) from continuing operations	$	72,307		$	(9,437	)	$	62,870		$	89,410		$	(1,165	)	$	88,245
(in thousands)	July 28, 2012									January 28, 2012
	U.S.			Canada			Total			U.S.			Canada			Total
Total assets	$	1,661,349		$	64,296		$	1,725,645		$	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, home organization, 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 hosiery departments.  The Hardlines & Other category includes the small appliances, electrical, automotive, 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)		Second Quarter				Year-to-Date
		2012		2011		2012		2011
U.S.
	Consumables	$	388,196	$	376,790	$	766,129	$	752,271
	Seasonal	194,472		193,603		367,877		362,940
	Furniture	181,619		178,368		468,523		436,887
	Home	178,260		173,240		369,437		357,131
	Play n' Wear	127,890		133,852		261,977		278,771
	Hardlines & Other	112,586		107,348		211,315		202,475
	Total U.S.	1,183,023		1,163,201		2,445,258		2,390,475
Canada		35,014		3,934		67,260		3,934
Net sales		$	1,218,037	$	1,167,135	$	2,512,518	$	2,394,409