Discontinued Operations

12 Months Ended

Jan. 28, 2012

Discontinued Operations [Abstract]

DISCONTINUED OPERATIONS

14.  DISCONTINUED OPERATIONS

In accordance with ASC 205, Presentation of Financial Statements- Discontinued Operations (“ASC 205”), the Company has presented the results of operations of its closed stores as discontinued operations for all periods presented. During fiscal 2011, fiscal 2010 and fiscal 2009, the Company closed 119, 44 and 40 underperforming stores, respectively. If the cash flow of the closed store was determined not to be significant to ongoing operations, and the cash inflows of nearby stores were not expected to increase significantly, the results of operations of the closed store are included in discontinued operations. The following table details the operating results included in discontinued operations for the periods presented:

	Fiscal Year Ended
	January 28, 2012			January 29, 2011			January 30, 2010
	(In thousands)
Net sales	$	62,477		$	92,390		$	124,686
Cost of goods sold, including buying, distribution and occupancy costs		51,501			73,778			94,570
Gross margin		10,976			18,612			30,116
Selling, general and administrative expenses		27,192			31,262			54,778
Operating loss		(16,216	)		(12,650	)		(24,662	)
Income taxes		416			343			—
Net loss from discontinued operations	$	(15,800	)	$	(12,307	)	$	(24,662	)