Property and Equipment

6 Months Ended

Jul. 28, 2012

Property and Equipment [Abstract]

Property and Equipment

NOTE 5 — Property and Equipment

	July 28, 2012			January 28, 2012			July 30, 2011
	(in thousands)
Furniture and fixtures	$	104,732		$	93,301		$	83,501
Leasehold improvements		119,876			102,731			91,375
Computer equipment, software and other		24,851			22,541			19,476
		249,459			218,573			194,352
Less accumulated depreciation and amortization		(116,257	)		(100,775	)		(87,072	)
	$	133,202		$	117,798		$	107,280

In accordance with the FASB’s authoritative guidance related to the impairment or disposal of long-lived assets, impairment losses may be recorded on long-lived assets used in operations when events and circumstances indicate that the assets might be impaired and the undiscounted cash flows estimated to be generated by those assets are less than the carrying amounts of those assets. If such a condition occurs, the assets are adjusted to their estimated fair value, which is determined based upon prices for similar assets. Impairment charges are recorded in selling, general, and administrative expense in the accompanying Consolidated Statements of Income.