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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Share data
3 Months Ended 6 Months Ended
Jul. 30, 2011
Jul. 31, 2010
Jul. 30, 2011
Jul. 31, 2010
CONDENSED CONSOLIDATED STATEMENTS OF INCOME [Abstract]        
Net sales $ 476,310 $ 415,120 $ 979,898 $ 864,657
Cost of sales (320,758) (289,402) (652,196) (591,574)
Operating expenses (106,628) (86,686) (219,247) (185,631)
Change in fair value of derivative instruments (22,943) 17,173 (77,819) (14,162)
Operating profit 25,981 56,205 30,636 73,290
Interest expense (5,636) (3,320) (9,428) (6,697)
Interest income 718 375 1,365 1,413
Interest expense, net (4,918) (2,945) (8,063) (5,284)
Income from continuing operations before income taxes 21,063 53,260 22,573 68,006
Income tax benefit (provision) 124,640 (17,630) 99,701 (29,806)
Income from continuing operations 145,703 35,630 122,274 38,200
Income from discontinued operations, net of tax - Value City 168 (35) 168 (35)
Income from discontinued operations, net of tax - Filene's Basement 0 162 0 3,005
Total income from discontinued operations, net of tax 168 127 168 2,970
Net income 145,871 35,757 122,442 41,170
Less: net income attributable to the noncontrolling interests (6,001) (8,851) (20,695) (20,214)
Net income, net of noncontrolling interests 139,870 26,906 101,747 20,956
Basic and diluted earnings per share:        
Basic earnings per share from continuing operations, net of noncontrolling interests (in dollars per share) $ 4.05 $ 1.26 $ 3.60 $ 0.84
Diluted earnings per share from continuing operations, net of noncontrolling interests (in dollars per share) $ 3.95 $ 1.00 $ 3.54 $ 0.84
Basic earnings per share from discontinued operations (in dollars per share) $ 0.01 $ 0.01 $ 0.01 $ 0.14
Diluted earnings per share from discontinued operations (in dollars per share) $ 0.01 $ 0.01 $ 0.01 $ 0.14
Basic earnings per share, net of noncontrolling interests (in dollars per share) $ 4.05 $ 1.26 $ 3.61 $ 0.98
Diluted earnings per share, net of noncontrolling interests (in dollars per share) $ 3.96 $ 1.00 $ 3.54 $ 0.98
Shares used in per share calculations:        
Basic (in shares) 34,522 21,328 28,211 21,325
Diluted (in shares) 35,360 22,259 28,705 21,446
Income from continuing operations, net of tax and noncontrolling interests:        
Income from continuing operations, net of tax and noncontrolling interests 139,702 26,779 101,579 17,986
Discontinued operations, net of tax 168 127 168 2,970
Net income $ 139,870 $ 26,906 $ 101,747 $ 20,956