Business Segment Data

3 Months Ended

May 04, 2013

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)	May 4, 2013									April 28, 2012
	U.S.			Canada			Total			U.S.			Canada			Total
Net sales	$	1,274,744		$	36,594		$	1,311,338		$	1,262,235		$	32,246		$	1,294,481
Depreciation expense	26,880			590			27,470			24,424			864			25,288
Operating profit (loss)	60,991			(4,299		)	56,692			74,995			(6,153		)	68,842
Interest expense	(726		)	—			(726		)	(336		)	—			(336		)
Other income (expense)	—			(146		)	(146		)	—			37			37
Income (loss) from continuing operations before income taxes	60,265			(4,445		)	55,820			74,659			(6,116		)	68,543
Income tax expense	23,487			—			23,487			27,763			—			27,763
Income (loss) from continuing operations	$	36,778		$	(4,445	)	$	32,333		$	46,896		$	(6,116	)	$	40,780
(In thousands)	May 4, 2013									February 2, 2013
	U.S.			Canada			Total			U.S.			Canada			Total
Total assets	$	1,670,323		$	66,440		$	1,736,763		$	1,681,005		$	72,621		$	1,753,626

Our U.S. segment uses the following seven merchandise categories, which match our internal management and reporting of merchandise net sales:  Food, Consumables, Furniture, Home, Seasonal, Hardlines & Toys, and Electronics & Other.  The Food category includes our food and beverage departments. The Consumables category includes the health and beauty care, housekeeping supplies, household chemicals, paper products, pet and home organization 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 Hardlines & Toys category includes the toys, appliances, tools, paint, and home maintenance departments. The Electronics & Other category includes the electronics, jewelry, infant accessories, and apparel departments, as well as the results of certain large closeout deals that we typically acquire through our alternate product sourcing operations. In the fourth quarter of 2012, we realigned the merchandise categories reported in our U.S. segment to be consistent with the realignment of our merchandising team. Please see the Reclassifications section of note 1 to the consolidated financial statements for further discussion.

The following is net sales data by segment and category:

		First Quarter
(In thousands)		2013		2012
U.S.
	Furniture	$	303,754	$	286,904
	Consumables	207,421		200,023
	Home	185,777		191,177
	Seasonal	178,816		173,405
	Food	176,324		177,910
	Electronics & Other	116,045		115,031
	Hardlines & Toys	106,607		117,785
	Total U.S.	1,274,744		1,262,235
Canada		36,594		32,246
Net sales		$	1,311,338	$	1,294,481