Business Segment Data

9 Months Ended

Nov. 02, 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)	November 2, 2013									October 27, 2012
	U.S.			Canada			Total			U.S.			Canada			Total
Net sales	$	1,114,142		$	38,302		$	1,152,444		$	1,095,180		$	39,025		$	1,134,205
Depreciation expense	29,051			408			29,459			26,006			584			26,590
Operating profit (loss)	(7,148		)	(4,837		)	(11,985		)	(2,383		)	(4,309		)	(6,692		)
Interest expense	(1,034		)	(5		)	(1,039		)	(1,490		)	(1		)	(1,491		)
Other income (expense)	—			(147		)	(147		)	2			44			46
Income (loss) from continuing operations before income taxes	(8,182		)	(4,989		)	(13,171		)	(3,871		)	(4,266		)	(8,137		)
Income tax expense (benefit)	(3,655		)	—			(3,655		)	(2,149		)	—			(2,149		)
Income (loss) from continuing operations	$	(4,527	)	$	(4,989	)	$	(9,516	)	$	(1,722	)	$	(4,266	)	$	(5,988	)
	Thirty-Nine Weeks Ended
(In thousands)	November 2, 2013									October 27, 2012
	U.S.			Canada			Total			U.S.			Canada			Total
Net sales	$	3,576,563		$	112,791		$	3,689,354		$	3,540,438		$	106,285		$	3,646,723
Depreciation expense	83,501			1,577			85,078			75,898			2,251			78,149
Operating profit (loss)	90,386			(12,868		)	77,518			115,239			(13,745		)	101,494
Interest expense	(2,489		)	(9		)	(2,498		)	(2,721		)	(1		)	(2,722		)
Other income (expense)	(12		)	(399		)	(411		)	2			43			45
Income (loss) from continuing operations before income taxes	87,885			(13,276		)	74,609			112,520			(13,703		)	98,817
Income tax expense (benefit)	33,667			—			33,667			41,935			—			41,935
Income (loss) from continuing operations	$	54,218		$	(13,276	)	$	40,942		$	70,585		$	(13,703	)	$	56,882
(In thousands)	November 2, 2013									February 2, 2013
	U.S.			Canada			Total			U.S.			Canada			Total
Total assets	$	2,064,421		$	70,325		$	2,134,746		$	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 casegoods departments.  Casegoods 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:

		Third Quarter				Year-to-Date
(In thousands)		2013		2012		2013		2012
U.S.
	Furniture	$	218,486	$	212,914	$	720,160	$	681,437
	Consumables	218,470		211,633		650,113		629,960
	Home	193,465		190,662		552,131		560,099
	Food	185,959		175,741		530,216		523,543
	Electronics & Other	112,448		121,718		330,494		349,574
	Hardlines & Toys	106,161		109,605		334,832		355,041
	Seasonal	79,153		72,907		458,617		440,784
	Total U.S.	1,114,142		1,095,180		3,576,563		3,540,438
Canada		38,302		39,025		112,791		106,285
Net sales		$	1,152,444	$	1,134,205	$	3,689,354	$	3,646,723