Significant Accounting Policies (Tables)

3 Months Ended

May 04, 2013

Accounting Policies [Abstract]

Derivative liability significant assumptions

The derivative liability is measured on a recurring basis at fair value with Level 3 inputs using the Black-Scholes option valuation model with the following inputs:

	May 4, 2013			February 2, 2013
Closing price of Company's common stock	$	3.70		$	3.69
Exercise price	$	3.40		$	3.40
Risk-free interest rate	1.6		%	1.9		%
Expected volatility	77.8		%	84.9		%
Expected life	9.2			9.4
Expected dividends	$	—		$	—

Derivative liability activity

Activity for the derivative liability was as follows:

	Three Months Ended
	May 4, 2013			April 28, 2012
	(in thousands)
Balance at beginning of period	$	18,683		$	—
Issuance of Series A Preferred Stock	—			—
Gain on change in fair value	(926		)	—
Balance at end of period	$	17,757		$	—