Condensed Consolidating Financial Information (Tables)

3 Months Ended

9 Months Ended

12 Months Ended

Oct. 29, 2011

Oct. 30, 2010

Oct. 29, 2011

Oct. 30, 2010

Jan. 29, 2011

Condensed Consolidating Financial Information [Abstract]

Condensed Consolidating Balance Sheet

	Saks		Guarantor
	Incorporated		Subsidiaries		Eliminations		Consolidated
ASSETS
Current Assets
Cash and cash equivalents	$	67,654	$	6,056			$	73,710
Merchandise inventories				882,389				882,389
Other current assets				72,359				72,359
Deferred income taxes, net				58,290				58,290
Total current assets		67,654		1,019,094		-		1,086,748
Property and equipment, net				862,247				862,247
Deferred income taxes, net		102,163		57,238				159,401
Other assets		12,171		26,197				38,368
Investment in and advances to subsidiaries		1,316,037			$	(1,316,037)		-
TOTAL ASSETS	$	1,498,025	$	1,964,776	$	(1,316,037)	$	2,146,764
LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities
Trade accounts payable			$	221,753			$	221,753
Accrued expenses and other current liabilities	$	5,171		238,748				243,919
Current portion of long-term debt				7,088				7,088
Total current liabilities		5,171		467,589		-		472,760
Long-term debt		319,162		46,575				365,737
Other long-term liabilities				134,575				134,575
Investment by and advances from parent				1,316,037	$	(1,316,037)		-
Shareholders' equity		1,173,692						1,173,692
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$	1,498,025	$	1,964,776	$	(1,316,037)	$	2,146,764

	Saks     Incorporated		Guarantor     Subsidiaries		Eliminations		Consolidated
ASSETS
Current Assets
Cash and cash equivalents	$	99,360	$	10,118			$	109,478
Merchandise inventories				830,628				830,628
Other current assets				89,232				89,232
Deferred income taxes, net				42,246				42,246
Total current assets		99,360		972,224		-		1,071,584
Property and equipment, net				902,191				902,191
Deferred income taxes, net		86,809		130,733				217,542
Other assets		11,062		17,594				28,656
Investment in and advances to subsidiaries		1,385,409			$	(1,385,409)		-
TOTAL ASSETS	$	1,582,640	$	2,022,742	$	(1,385,409)	$	2,219,973
LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities
Trade accounts payable			$	190,633			$	190,633
Accrued expenses and other current liabilities	$	7,667		231,290				238,957
Current portion of long-term debt		164,416		5,910				170,326
Total current liabilities		172,083		427,833		-		599,916
Long-term debt		308,385		49,232				357,617
Other long-term liabilities				160,268				160,268
Investment by and advances from parent				1,385,409	$	(1,385,409)		-
Shareholders' equity		1,102,172						1,102,172
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$	1,582,640	$	2,022,742	$	(1,385,409)	$	2,219,973

	Saks     Incorporated		Guarantor     Subsidiaries		Eliminations		Consolidated
ASSETS
Current Assets
Cash and cash equivalents	$	190,007	$	7,859			$	197,866
Merchandise inventories				671,383				671,383
Other current assets				105,404				105,404
Deferred income taxes, net				86,116				86,116
Total current assets		190,007		870,762		-		1,060,769
Property and equipment, net				890,364				890,364
Deferred income taxes, net		93,562		69,846				163,408
Other assets		10,127		18,432				28,559
Investment in and advances to subsidiaries		1,332,009			$	(1,332,009)		-
TOTAL ASSETS	$	1,625,705	$	1,849,404	$	(1,332,009)	$	2,143,100
LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities
Trade accounts payable			$	88,378			$	88,378
Accrued expenses and other current liabilities	$	9,121		236,910				246,031
Current portion of long-term debt		141,557		5,941				147,498
Total current liabilities		150,678		331,229		-		481,907
Long-term debt		311,462		47,788				359,250
Other long-term liabilities				138,378				138,378
Investment by and advances from parent				1,332,009	$	(1,332,009)		-
Shareholders' equity		1,163,565						1,163,565
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$	1,625,705	$	1,849,404	$	(1,332,009)	$	2,143,100

Condensed Consolidating Statements Of Income

	Three Months Ended October 29, 2011
	Saks Incorporated			Guarantor Subsidiaries			Eliminations			Consolidated
NET SALES	$	0		$	692,311					$	692,311
Cost of sales (excluding depreciation and amortization)		0			386,498						386,498
Gross margin		0			305,813			0			305,813
Selling, general and administrative expenses		485			189,694						190,179
Other operating expenses		6			74,850						74,856
Store pre-opening costs		0			811						811
Impairments and dispositions		0			218						218
Operating income (loss)		(491	)		40,240			0			39,749
Equity in earnings of subsidiaries		24,718			0			(24,718	)		0
Interest expense		(11,850	)		(59	)					(11,909	)
Other income, net		564			0						564
INCOME BEFORE INCOME TAXES		12,941			40,181			(24,718	)		28,404
Provision (benefit) for income taxes		(4,830	)		15,463						10,633
NET INCOME	$	17,771		$	24,718		$	(24,718	)	$	17,771

	Three Months Ended October 30, 2010
	Saks Incorporated		Guarantor Subsidiaries		Eliminations		Consolidated
NET SALES			$	658,831			$	658,831
Cost of sales (excluding depreciation and amortization)				378,176				378,176
Gross margin		-		280,655		-		280,655
Selling, general and administrative expenses	$	393		175,499				175,892
Other operating expenses		1		73,204				73,205
Store pre-opening costs				527				527
Impairments and dispositions				(603)				(603)
Operating income (loss)		(394)		32,028		-		31,634
Equity in earnings of subsidiaries		44,314			$	(44,314)		-
Interest expense		(12,656)		(1,647)				(14,303)
Other expense, net		(65)						(65)
INCOME BEFORE INCOME TAXES		31,199		30,381		(44,314)		17,266
Benefit for income taxes		(5,117)		(13,933)				(19,050)
NET INCOME	$	36,316	$	44,314	$	(44,314)	$	36,316

Nine Months Ended October 29, 2011
	Saks Incorporated			Guarantor Subsidiaries			Eliminations			Consolidated
NET SALES	$	0		$	2,088,489					$	2,088,489
Cost of sales (excluding depreciation and amortization)		0			1,208,197						1,208,197
Gross margin		0			880,292			0			880,292
Selling, general and administrative expenses		1,342			550,652						551,994
Other operating expenses		17			227,326						227,343
Store pre-opening costs		0			1,358						1,358
Impairments and dispositions		0			3,252						3,252
Operating income (loss)		(1,359	)		97,704			0			96,345
Equity in earnings of subsidiaries		58,041			0			(58,041	)		0
Interest expense		(33,876	)		(4,672	)					(38,548	)
Loss on extinguishment of debt		(539	)		0						(539	)
Other income, net		1,560			0						1,560
INCOME BEFORE INCOME TAXES		23,827			93,032			(58,041	)		58,818
Provision (benefit) for income taxes		(13,984	)		34,991						21,007
NET INCOME	$	37,811		$	58,041		$	(58,041	)	$	37,811

Nine Months Ended October 30, 2010
	Saks Incorporated		Guarantor Subsidiaries		Eliminations		Consolidated
NET SALES			$	1,919,414			$	1,919,414
Cost of sales (excluding depreciation and amortization)				1,129,757				1,129,757
Gross margin		-		789,657		-		789,657
Selling, general and administrative expenses	$	1,369		508,593				509,962
Other operating expenses		2		223,387				223,389
Store pre-opening costs				827				827
Impairments and dispositions				22,772				22,772
Operating income (loss)		(1,371)		34,078		-		32,707
Equity in earnings of subsidiaries		47,136			$	(47,136)		-
Interest expense		(37,823)		(4,910)				(42,733)
Loss on extinguishment of debt		(4)						(4)
Other expense, net		(595)						(595)
INCOME (LOSS) BEFORE INCOME TAXES		7,343		29,168		(47,136)		(10,625)
Benefit for income taxes		(15,524)		(17,968)				(33,492)
NET INCOME	$	22,867	$	47,136	$	(47,136)	$	22,867

Condensed Consolidating Statement Of Cash Flows

	Saks Incorporated		Guarantor Subsidiaries		Eliminations		Consolidated
OPERATING ACTIVITIES
Net income	$	37,811	$	58,041	$	(58,041)	$	37,811
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Equity in earnings of subsidiaries		(58,041)				58,041		-
Loss on extinguishment of debt		539						539
Depreciation and amortization				88,579				88,579
Stock-based compensation				11,885				11,885
Amortization of discount on convertible notes		9,612						9,612
Deferred income taxes		(1,946)		23,641				21,695
Impairments and dispositions				205				205
Excess tax benefit from stock-based compensation				(926)				(926)
Gain on sale of property and equipment				(156)				(156)
Changes in operating assets and liabilities, net		(3,107)		(47,142)				(50,249)
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES		(15,132)		134,127		-		118,995
INVESTING ACTIVITIES
Purchases of property and equipment				(52,131)				(52,131)
Issuance of note receivable				(11,915)				(11,915)
Proceeds from the sale of property and equipment				156				156
NET CASH USED IN INVESTING ACTIVITIES		-		(63,890)		-		(63,890)
FINANCING ACTIVITIES
Intercompany borrowings, contributions and distributions		68,151		(68,151)				-
Payments of long-term debt		(143,995)						(143,995)
Payments of capital lease obligations				(4,815)				(4,815)
Payment of financing fees		(2,961)						(2,961)
Repurchase of common stock		(28,932)						(28,932)
Excess tax benefit from stock-based compensation				926				926
Net proceeds from the issuance of common stock		516						516
NET CASH USED IN FINANCING ACTIVITIES		(107,221)		(72,040)		-		(179,261)
DECREASE IN CASH AND CASH EQUIVALENTS		(122,353)		(1,803)				(124,156)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD		190,007		7,859				197,866
CASH AND CASH EQUIVALENTS AT END OF PERIOD	$	67,654	$	6,056	$	-	$	73,710

	Saks Incorporated		Guarantor Subsidiaries		Eliminations		Consolidated
OPERATING ACTIVITIES
Net income	$	22,867	$	47,136	$	(47,136)	$	22,867
Adjustments to reconcile net income to net cash provided by (used in)operating activities:
Equity in earnings of subsidiaries		(47,136)				47,136		-
Depreciation and amortization				88,471				88,471
Impairments and dispositions				(1,974)				(1,974)
Loss on extinguishment of debt		4						4
Equity compensation				12,947				12,947
Amortization of discount on convertible notes		8,831						8,831
Deferred income taxes		1,603		(5,592)				(3,989)
Gain on sale of property and equipment				(482)				(482)
Changes in operating assets and liabilities, net		3,541		(128,114)				(124,573)
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES		(10,290)		12,392		-		2,102
INVESTING ACTIVITIES
Purchases of property and equipment				(36,127)				(36,127)
Proceeds from the sale of property and equipment				548				548
NET CASH USED IN INVESTING ACTIVITIES		-		(35,579)		-		(35,579)
FINANCING ACTIVITIES
Intercompany borrowings, contributions and distributions		(26,419)		26,419				-
Payments of long-term debt		(795)						(795)
Payments of capital lease obligations				(4,068)				(4,068)
Cash dividends paid		(102)						(102)
Net proceeds from the issuance of common stock		619						619
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES		(26,697)		22,351		-		(4,346)
DECREASE IN CASH AND CASH EQUIVALENTS		(36,987)		(836)				(37,823)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD		136,347		10,954				147,301
CASH AND CASH EQUIVALENTS AT END OF PERIOD	$	99,360	$	10,118	$	-	$	109,478