Fair Value (Tables)

9 Months Ended

Oct. 29, 2011

Company's assets and liabilities measured at fair value

		Assets and Liabilities at Fair Value as of October 29, 2011
		(in thousands)
			Level 1		Level 2		Level 3		Total
ASSETS:
	Money market funds⁽¹⁾	$	171,513	$	-	$	-	$	171,513
	ARS - available-for-sale - student loan backed		-		-		84,897		84,897
	ARS - available-for-sale - municipal authority bonds		-		-		15,437		15,437
	Municipal notes and bonds held in the Rabbi Trust		11,572		-		-		11,572
	Derivative financial instruments		-		1,457		-		1,457
Total assets measured at fair value		$	183,085	$	1,457	$	100,334	$	284,876
LIABILITIES:
	Derivative financial instruments		-		922		-		922
Total liabilities measured at fair value		$	-	$	922	$	-	$	922

(1)	Includes $170.7 million of money market funds included in Cash and Equivalents and $0.8 million of money market funds held in the Rabbi Trust included in Other Assets on the Consolidated Balance Sheet.

Fair value assets measured on recurring basis unobservable input reconciliation

(in thousands)		Available-for-sale ARS - Student Loans		Available-for-sale ARS - Muni Bonds		Total
Fair value, January 29, 2011	$	85,732	$	14,802	$	100,534
Redemptions		(1,700)				(1,700)
Gains and (losses), net:
Reported in Other Comprehensive Income		865		635		1,500
Fair value, October 29, 2011	$	84,897	$	15,437	$	100,334

- Definition

Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income, and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issuances, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset.

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