XML 42 R12.htm IDEA: XBRL DOCUMENT

Long-Term Leases	12 Months Ended
Feb. 02, 2013
Long-Term Leases [Abstract]
Long-Term Leases	Note 6 — Long-Term Leases The Company leases retail store facilities, corporate office space, warehouse facilities and certain equipment under operating leases with terms ranging up to 15 years and expiring at various dates through 2025. Most of the retail store lease agreements include renewal options and provide for minimum rentals and contingent rentals based on sales performance in excess of specified minimums. Rent expense, including extra charges under operating leases, was approximately $44.3 million, $40.5 million and $37.6 million in fiscal years 2012, 2011 and 2010, respectively. Also included in rent expense is contingent rental expense, based on store sales, of approximately $4.1 million, $4.5 million and $4.3 million, respectively. Future minimum lease payments under all operating leases with initial terms of one year or more are as follows: $49.5 million in 2013; $45.6 million in 2014; $41.8 million in 2015; $35.5 million in 2016; $30.2 million in 2017 and $91.7 million thereafter.

Long-Term Leases

12 Months Ended

Feb. 02, 2013

Note 6 — Long-Term Leases

The Company leases retail store facilities, corporate office space, warehouse facilities and certain equipment under operating leases with terms ranging up to 15 years and expiring at various dates through 2025. Most of the retail store lease agreements include renewal options and provide for minimum rentals and contingent rentals based on sales performance in excess of specified minimums. Rent expense, including extra charges under operating leases, was approximately $44.3 million, $40.5 million and $37.6 million in fiscal years 2012, 2011 and 2010, respectively. Also included in rent expense is contingent rental expense, based on store sales, of approximately $4.1 million, $4.5 million and $4.3 million, respectively.

Future minimum lease payments under all operating leases with initial terms of one year or more are as follows: $49.5 million in 2013; $45.6 million in 2014; $41.8 million in 2015; $35.5 million in 2016; $30.2 million in 2017 and $91.7 million thereafter.

- Definition

The entire disclosure for lessee entity's leasing arrangements including, but not limited to, all of the following: (a.) The basis on which contingent rental payments are determined, (b.) The existence and terms of renewal or purchase options and escalation clauses, (c.) Restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing.

+ References+ Details