FAIR VALUE MEASUREMENTS AND DERIVATIVES (Tables)

9 Months Ended

Nov. 02, 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	November 2, 2013		Level 1		Level 2		Level 3
Assets:
Cash and cash equivalents	$	55,798	$	55,798	$	—	$	—
Collateral investments (1)	19,929		19,929		—		—
Deferred compensation assets (1)	4,205		—		4,205		—
Derivative asset (1)	543		—		543		—

(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:
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 (Loss) (Effective Portion)			Earnings Statement Classification	Amount of Loss Recognized in Earnings (Effective Portion) (a)
Thirteen weeks ended November 2, 2013	$	(372	)	Interest expense	$	(158	)
Thirteen weeks ended October 27, 2012	$	(170	)	Interest expense	$	(1,201	)
Thirty-nine weeks ended November 2, 2013	$	1,319		Interest expense	$	(459	)
Thirty-nine weeks ended October 27, 2012	$	1,734		Interest expense	$	(4,540	)

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