FAIR VALUE MEASUREMENTS AND DERIVATIVES (Tables)

3 Months Ended

May 04, 2013

FAIR VALUE MEASUREMENTS AND DERIVATIVES

Schedule of assets and liabilities measured at fair value on recurring basis

(dollar amounts in thousands)	Fair Value at		Fair Value Measurements Using Inputs Considered as
Description	May 4, 2013		Level 1		Level 2		Level 3
Assets:
Cash and cash equivalents	$	56,116	$	56,116	$	—	$	—
Collateral investments (1)	19,929		19,929		—		—
Deferred compensation assets (1)	3,974		—		3,974		—
Liabilities:
Other liabilities
Derivative liability (2)	1,388		—		1,388		—

(dollar amounts in thousands)	Fair Value at		Fair Value Measurements Using Inputs Considered as
Description	February 2, 2013		Level 1		Level 2		Level 3
Assets:
Cash and cash equivalents	$	59,186	$	59,186	$	—	$	—
Collateral investments (1)	20,929		20,929		—		—
Deferred compensation assets (1)	3,834		—		3,834		—
Liabilities:
Other liabilities
Derivative liability (2)	1,567		—		1,567		—

(1) Included in other long-term assets.

(2) Included in other long-term liabilities.

Schedule of impact of fair value accounting for the Company's derivative liability on its consolidated financial statements

(dollar amounts in thousands)	Amount of Gain in Other Comprehensive Income (Effective Portion)		Earnings Statement Classification	Amount of Loss Recognized in Earnings (Effective Portion) (a)
Thirteen weeks ended May 4, 2013	$	113	Interest expense	$	(146	)
Thirteen weeks ended April 28, 2012	$	1,007	Interest expense	$	(1,654	)

(a) Represents the effective portion of the loss reclassified from accumulated other comprehensive loss.