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Long-term debt
9 Months Ended
Oct. 29, 2011
Long-term Debt, Unclassified [Abstract]  
Debt Disclosure [Text Block]
4. Long-term debt
As of October 29, 2011 and January 29, 2011, the carrying value of our debt was $931 million and $929 million, respectively, with fair values of approximately $1,058 million and $1,090 million, respectively. The fair value of our long-term debt was estimated based on a quoted market price and other pertinent information available to management as of the end of the respective periods.
In accordance with the indenture governing the 10.75% senior unsecured notes due fiscal 2017 (the “Notes”), we commenced a tender offer on May 13, 2011 to purchase up to an aggregate principal amount of approximately $25 million of the Notes for cash. The tender offer expired on June 13, 2011, with no holders opting to tender at that time. Refer to the Annual Report on Form 10-K for further details on indebtedness.