Fair Value Measurements (Tables)

3 Months Ended

May 03, 2014

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

In accordance with the fair value hierarchy described above, the following table shows the fair value of our financial assets and liabilities that are required to be remeasured at fair value on a recurring basis:

	Level 1						Level 2						Level 3
	May 3, 2014		February 1, 2014		May 4, 2013		May 3, 2014		February 1, 2014		May 4, 2013		May 3, 2014		February 1, 2014		May 4, 2013
	(In thousands)
Assets:
Cash equivalents 1	$	—	$	82,378	$	75,047	$	—	$	—	$	—	$	—	$	—	$	—
Total	$	—	$	82,378	$	75,047	$	—	$	—	$	—	$	—	$	—	$	—
Liabilities:
GoJane performance plan liability 2	$	—	$	—	$	—	$	—	$	—	$	—	$	5,882	$	7,416	$	7,102
Exit costs obligation 3	—		—		—		—		—		—		3,014		—		—
Total	$	—	$	—	$	—	$	—	$	—	$	—	$	8,896	$	7,416	$	7,102

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation

The following table provides a reconciliation of the beginning and ending balances of the Exit Costs Obligations measured at fair value using significant unobservable inputs (Level 3):

	13 weeks ended
	May 3, 2014		May 4, 2013
	(In thousands)
Balance at beginning of period	$	—	$	—
Accretion of rent expense	5		—
Payments	—		—
Fair value of exit costs obligations at cease-use date	3,009		—
Balance at end of period	$	3,014	$	—

The following table provides a reconciliation of the beginning and ending balances of the GJ Performance Plan measured at fair value using significant unobservable inputs (Level 3):

	13 weeks ended
	May 3, 2014			May 4, 2013
	(In thousands)
Balance at beginning of period	$	7,416		$	7,019
Accretion of interest expense	66			83
GoJane consideration payment	(1,600		)	—
Balance at end of period	$	5,882		$	7,102

Fair Value of Long-Lived Assets Impaired

The table below sets forth by level within the fair value hierarchy the fair value of long-lived assets for which an impairment was recognized for the first quarter of 2014 and the first quarter of 2013:

	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total Fair Value		Total Losses
	(In thousands)
May 3, 2014:
Long-lived assets held and used	$	—	$	—	$	980	$	980	$	33,124
May 4, 2013:
Long-lived assets held and used	$	—	$	—	$	38	$	38	$	560