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Debt
6 Months Ended
Jul. 30, 2011
Debt Disclosure [Abstract]  
Debt
5.           Debt

At July 30, 2011, we had two unsecured credit facilities, which are renewable in August 2011 and November 2011.  The August facility allows for borrowings up to $30.0 million at a rate equal to the higher of prime rate, the federal funds rate plus 0.5% or LIBOR.  The November facility allows for borrowings up to $50.0 million at a rate of prime plus 2%.  Under the provisions of both facilities, we do not pay commitment fees and are not subject to covenant requirements.  We did not have any borrowings against either of these facilities during the thirteen or twenty-six-weeks ended July 30, 2011, nor was there any debt outstanding under either of these facilities at July 30, 2011.  A total of $80.0 million was available to us at July 30, 2011.

At January 29, 2011, we had the same two unsecured facilities and corresponding terms as listed above.  There were 10 days during the 52 weeks ended January 29, 2011, where we incurred borrowings against our credit facilities for an average and maximum borrowing of $5.3 million and $10.8 million, respectively, at an average interest rate of 2.28%.

Subsequent to July 30, 2011, we renewed our existing facility of $30.0 million at a rate equal to the higher of the bank's prime rate, the federal funds rate plus 0.5% or LIBOR.  The renewal was effective August 25, 2011 and will expire on August 24, 2012.  The facility is unsecured and does not require a commitment or agency fee nor are there any covenant restrictions.