Goodwill

9 Months Ended

Oct. 27, 2012

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL

GOODWILL

The changes in the carrying amount of goodwill, which are generally not deductible for income tax purposes, were as follows:

(in thousands)	2012		2011
Beginning of year	$	12,282	$	—
Goodwill from acquisition	—		21,507
Goodwill adjustments	1,191		(8,873		)
Foreign currency impact	40		(211		)
End of period	$	13,513	$	12,423

The goodwill adjustments were associated with our acquisition of Big Lots Canada, Inc. (“Big Lots Canada”) in the second quarter of 2011, and primarily related to fair value adjustments on our intangible assets and liabilities associated with the acquired operating leases.