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Quarterly Financial Data (Unaudited) (Tables)
 12 Months Ended
Feb. 02, 2013
Quarterly Financial Data [Abstract]  
Schedule of Quarterly Financial Information
Summarized unaudited quarterly financial results for Fiscal 2012 and Fiscal 2011 follows (in thousands, except per share amounts):
Fiscal Quarter 2012(1)
First(2)
 
Second(3)
 
Third(4)
 
Fourth(5)
Net sales
$
921,218

 
$
951,407

 
$
1,169,649

 
$
1,468,531

Gross profit
$
541,092

 
$
592,451

 
$
752,514

 
$
930,652

Net income (loss) (10)
$
(21,305
)
 
$
17,051

 
$
84,036

 
$
157,229

Net income (loss) per diluted share
$
(0.25
)
 
$
0.20

 
$
1.02

 
$
1.95

Fiscal Quarter 2011(1)
First(6)
 
Second(7)
 
Third(8)
 
Fourth(9)
Net sales
$
836,674

 
$
916,763

 
$
1,075,856

 
$
1,328,766

Gross profit
$
525,536

 
$
578,465

 
$
656,254

 
$
789,970

Net income
$
12,998

 
$
28,119

 
$
56,992

 
$
45,825

Net income per diluted share
$
0.14

 
$
0.31

 
$
0.64

 
$
0.52

 
 
(1) 
Results reported above have been restated to reflect the change in method of accounting for inventory effective in the fourth quarter of Fiscal 2012. Refer to Note 4, “CHANGE IN ACCOUNTING PRINCIPLE,” for further discussion.
(2) 
For the first quarter of Fiscal 2012, the change in accounting principle decreased gross profit by $35.3 million, decreased net income by $24.3 million and decreased net income per diluted share by $0.28.
(3) 
For the second quarter of Fiscal 2012, the change in accounting principle decreased gross profit by $2.0 million, increased net income by $1.5 million and increased net income per diluted share by $0.01.
(4) 
For the third quarter of Fiscal 2012, the change in accounting principle increased gross profit by $20.9 million, increased net income by $12.5 million and increased net income per diluted share by $0.15.
(5) 
The fourth quarter of Fiscal 2012 includes impairment charges of $0.06 per diluted share.
(6) 
For the first quarter of Fiscal 2011, the change in accounting principle decreased gross profit by $18.1 million, decreased net income by $12.1 million and decreased net income per diluted share by $0.14.
(7) 
For the second quarter of Fiscal 2011, the change in accounting principle decreased gross profit by $4.6 million, decreased net income by $3.9 million and decreased net income per diluted share by $0.04.
(8) 
For the third quarter of Fiscal 2011, the change in accounting principle increased gross profit by $9.7 million, increased net income by $6.1 million and increased net income per diluted share by $0.07.
(9) 
For the fourth quarter of Fiscal 2011, the change in accounting principle increased gross profit by $44.3 million, increased net income by $26.2 million and increased net income per diluted share by $0.30. Additionally, the fourth quarter of Fiscal 2011 includes impairment charges of $0.50 per diluted share, asset write down charges of $0.10 per diluted share, store closure and lease exit charges of $0.13 per diluted share, legal charges of $0.07 per diluted share, and charges related to a change in intent with regarding the Company’s ARS portfolio of $0.10 per diluted share.
(10) 
Tax expense for the fourteen weeks ended February 2, 2013 included $1.1 million to correct for understated tax expense relating to the fourth quarter of 2011. Additionally, the fourth quarter included certain other corrections related to the first three quarters of 2012 that have an immaterial effect on the fourth quarter. The Company does not believe these corrections were material to any current or prior interim or annual periods that were affected.