Fair Value Measurements (Tables)

6 Months Ended

Aug. 02, 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
	August 2, 2014		February 1, 2014		August 3, 2013		August 2, 2014		February 1, 2014		August 3, 2013		August 2, 2014		February 1, 2014		August 3, 2013
	(In thousands)
Assets:
Cash equivalents 1	$	105,750	$	82,378	$	52,758	$	—	$	—	$	—	$	—	$	—	$	—
Total	$	105,750	$	82,378	$	52,758	$	—	$	—	$	—	$	—	$	—	$	—
Liabilities:
GoJane performance plan liability 2	$	—	$	—	$	—	$	—	$	—	$	—	$	5,850	$	7,416	$	7,185
Exit costs obligation 3	—		—		—		—		—		—		2,966		—		—
Total	$	—	$	—	$	—	$	—	$	—	$	—	$	8,816	$	7,416	$	7,185

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

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):

	26 weeks ended
	August 2, 2014			August 3, 2013
	(In thousands)
Balance at beginning of period	$	7,416		$	7,019
Accretion of interest expense	34			166
GoJane consideration payment	(1,600		)	—
Balance at end of period	$	5,850		$	7,185

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):

	26 weeks ended
	August 2, 2014			August 3, 2013
	(In thousands)
Balance at beginning of period	$	—		$	—
Fair value of exit costs obligations at cease-use date	3,009			—
Accretion of rent expense	224			—
Payments	(267		)	—
Balance at end of period	$	2,966		$	—

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 impairment was recognized for the first twenty-six weeks of 2014 and the first twenty-six weeks 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)
August 2, 2014:
Long-lived assets held and used	$	—	$	—	$	3,356	$	3,356	$	52,133
August 3, 2013:
Long-lived assets held and used	$	—	$	—	$	3,317	$	3,317	$	8,571