Income Taxes (Tables)

12 Months Ended

Feb. 02, 2013

Schedule Of The Components Of Income Tax Provision On Earnings From Continuing Operations



($ thousands)	2012		2011		2010
Federal
Current	$	(1,275)	$	(2,528)	$	(3,001)
Deferred		5,578		319		13,209
		4,303		(2,209)		10,208
State
Current		591		(588)		885
Deferred		1,858		137		2,285
		2,449		(451)		3,170
Foreign		4,591		2,986		2,782
Total income tax provision	$	11,343	$	326	$	16,160

Schedule Of The Differences Between The Tax Provision Reflected In The Consolidated Financial Statements And The Amounts Calculated At The Federal Statutory Income Tax Rate Of 35%



($ thousands)	2012		2011		2010
Income taxes at statutory rate	$	13,491	$	3,168	$	18,627
State income taxes, net of federal tax benefit		1,592		(293)		2,061
Tax impact of nondeductible stock option expense		16		76		285
Foreign earnings taxed at lower rates		(5,206)		(4,090)		(6,504)
Other		1,450		1,465		1,691
Total income tax provision	$	11,343	$	326	$	16,160

Schedule Of Significant Components Of The Company’s Deferred Income Tax Assets And Liabilities



($ thousands)	February 2, 2013		January 28, 2012
Deferred Tax Assets
Employee benefits, compensation and insurance	$	12,913	$	18,096
Accrued expenses		17,788		10,207
Postretirement and postemployment benefit plans		1,753		2,088
Deferred rent		381		2,411
Accounts receivable reserves		8,136		5,584
Net operating loss (“NOL”) carryforward/carryback		29,355		30,113
Inventory capitalization and inventory reserves		3,692		4,033
Other		12,956		7,394
Total deferred tax assets, before valuation allowance		86,974		79,926
Valuation allowance		(8,476)		(6,946)
Total deferred tax assets, net of valuation allowance		78,498		72,980
Deferred Tax Liabilities
Retirement plans		(16,496)		(22,550)
LIFO inventory valuation		(42,914)		(36,139)
Capitalized software		(18,433)		(13,469)
Other		(1,949)		(1,288)
Depreciation		(892)		(1,874)
Intangible assets		(10,963)		(14,364)
Total deferred tax liabilities		(91,647)		(89,684)
Net deferred tax liability	$	(13,149)	$	(16,704)

Summary Of A Reconciliation Of The Beginning And Ending Amount Of Unrecognized Tax Benefits



($ thousands)
Balance at January 30, 2010	$	1,373
Additions for tax positions of prior years		624
Settlements		(887)
Reductions for tax positions of prior years due to a lapse in the statute of limitations		(358)
Balance at January 29, 2011	$	752
Settlements		(206)
Reductions for tax positions of prior years due to a lapse in the statute of limitations		(337)
Balance at January 28, 2012	$	209
Additions for tax positions of prior years		1,015
Reductions for tax positions of prior years due to a lapse in the statue of limitations		(75)
Balance at February 2, 2013	$	1,149

- Definition

Tabular disclosure of tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities (i.e., uncertain tax positions) and other types of income tax contingencies, including: (1) the policy on classification of interest and penalties; (2) a tabular reconciliation of the total amounts of unrecognized tax benefits at the beginning and end of the period; the total amount(s) of: (3) unrecognized tax benefits that, if recognized, would affect the effective tax rate, and (4) interest and penalties recognized in each of the income statement and balance sheet; (5) for positions for which it is reasonably possible that the total amounts unrecognized will significantly change within 12 months of the reporting date the: (i) nature of the uncertainty, (ii) nature of the event that could occur that would cause the change, and (iii) an estimate of the range of the reasonably possible change or a statement that an estimate of the range cannot be made; and (6) a description of tax years that remain subject to examination by major tax jurisdictions.

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