INCOME TAXES (Tables)

12 Months Ended

Jan. 31, 2015

INCOME TAXES

Schedule of components of (loss) income from continuing operations before income tax (benefit) expenses

	Year Ended
(dollar amounts in thousands)	January 31, 2015			February 1, 2014		February 2, 2013
Domestic	$	(32,878	)	$	8,533	$	14,577
Foreign		1,336			757		7,923
Total	$	(31,542	)	$	9,290	$	22,500

Schedule of provision for income tax (benefit) expense

	Year Ended
(dollar amounts in thousands)	January 31, 2015			February 1, 2014			February 2, 2013
Current:
Federal	$	—		$	(267	)	$	(338	)
State		689			451			471
Foreign		1,383			2,132			1,636
Deferred:
Federal(a)		(6,716	)		2,765			6,548
State		1,028			840			988
Foreign		(965	)		(3,684	)		40
Total income tax (benefit) expense from continuing operations(a)	$	(4,581	)	$	2,237		$	9,345

(a) Excludes tax benefit recorded to discontinued operations of $0.2 million, $0.1 million and $0.2 million in fiscal years 2014, 2013 and 2012, respectively.

Schedule of reconciliation of the statutory federal income tax rate to the effective rate for income tax (benefit) expense

	Year Ended
	January 31, 2015			February 1, 2014			February 2, 2013
Statutory tax rate		(35.0	)%		35.0	%		35.0	%
State income taxes, net of federal tax		3.7			6.0			4.1
Foreign taxes, net of federal tax		1.4			4.4			5.6
Tax credits, net of valuation allowance		(1.8	)		(7.5	)		(3.2	)
Foreign deferred adjustment		—			(8.4	)		—
Foreign tax law change impact		—			(3.8	)		—
Tax uncertainty adjustment		(0.8	)		(3.0	)		(1.5	)
Goodwill impairment charge		17.1			—			—
Non deductible expenses		0.9			3.5			0.5
Stock compensation		—			—			1.8
Other, net		—			(2.1	)		(0.8	)
		(14.5	)%		24.1	%		41.5	%

Schedule of items that gave rise to the deferred tax accounts

(dollar amounts in thousands)	January 31, 2015			February 1, 2014
Deferred tax assets:
Employee compensation	$	5,608		$	3,544
Store closing reserves		1,179			673
Legal reserve		1,619			182
Benefit accruals		1,655			2,109
Net operating loss carryforwards—Federal		6,253			1,115
Net operating loss carryforwards—State		112,411			111,258
Tax credit carryforwards		28,179			26,605
Accrued leases		13,876			15,215
Deferred gain on sale leaseback		41,385			46,176
Deferred revenue		1,965			2,987
Other		4,226			1,312
Gross deferred tax assets		218,356			211,176
Valuation allowance		(108,845	)		(106,695	)
		109,511			104,481
Deferred tax liabilities:
Depreciation	$	33,610		$	33,059
Inventories		67,420			71,630
Real estate tax		3,495			3,300
Insurance and other		7,176			4,299
Interest rate derivatives		—			274
Debt related liabilities		2,454			3,606
		114,155			116,168
Net deferred tax (liability) asset	$	(4,644	)	$	(11,687	)

Schedule of reconciliation of the beginning and ending amount of unrecognized tax benefits

(dollar amounts in thousands)	January 31, 2015			February 1, 2014			February 2, 2013
Unrecognized tax benefit balance at the beginning of the year	$	1,941		$	2,274		$	3,364
Gross increases for tax positions taken in prior years		—			—			—
Gross decreases for tax positions taken in prior years		—			—			(338	)
Gross increases for tax positions taken in current year		2			13			201
Settlements taken in current year		(181	)		—			—
Lapse of statute of limitations		(276	)		(346	)		(953	)
Unrecognized tax benefit balance at the end of the year	$	1,486		$	1,941		$	2,274