Discontinued Operations

6 Months Ended

Aug. 03, 2013

Discontinued Operations

6. Discontinued Operations

In the second quarter of fiscal 2012, the Company exited its European Direct business. As a result, the operating results of the European Direct business for the first six months of fiscal 2012 have been reclassified to reflect the operating results as discontinued operations. The following table summarizes the results from discontinued operations from the Company’s European Direct Business for the second quarter and first six months of fiscal 2012. No activity occurred in fiscal 2013.

(in thousands)	For the three months ended July 28, 2012			For the six months ended July 28, 2012
Sales	$	439		$	813
Gross margin		(218	)		(84	)
Selling, general and administrative expenses		(1,534	)		(1,845	)
Depreciation and amortization		(4	)		(8	)
Benefit from income taxes		—			—
Loss from discontinued operations, net of taxes	$	(1,756	)	$	(1,937	)