Restructuring Costs

12 Months Ended

Jan. 28, 2012

Restructuring and Related Activities Disclosure [Text Block]

Restructuring Costs

As a result of a number of restructuring initiatives taken by the Company in order to simplify and streamline the Company’s organizational structure, reduce operating costs and pursue and evaluate strategic alternatives, the Company recorded restructuring charges of $1,130,000 in fiscal 2010 and $2,303,000 in fiscal 2009. Restructuring costs primarily include employee severance costs associated with the streamlining the Company's organizational structure, incremental costs associated with the refinancing of our debt facilities, restructuring advisory service fees and costs associated with strategic alternative initiatives. All restructuring costs were paid as of January 29, 2011 and no restructuring costs were incurred during fiscal 2011.

The table below sets forth for the year ended January 29, 2011, the significant components and activity under the restructuring program:



	Balance at January 30, 2010		Charges		Cash Payments			Balance at January 29, 2011
Severance and retention	$	255,000	$	278,000	$	(533,000	)	$	—
Incremental restructuring charges	179,000		852,000		(1,031,000		)	—
	$	434,000	$	1,130,000	$	(1,564,000	)	$	—

- Definition

The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.

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