Summary of Significant Accounting Policies (Tables)

6 Months Ended

Aug. 02, 2014

Accounting Policies [Abstract]

Property and equipment amortized over the estimated useful life of related assets

Depreciation and amortization expense are computed principally by the straight-line method over the following estimated useful lives:

Buildings and building equipment	20-45 years
Computer hardware, software and equipment	3-10 years
Furniture and fixtures	10 years

Carrying amounts and fair values of the Company's financial instruments

The carrying amounts and fair values of the Company’s financial instruments at August 2, 2014 and February 1, 2014 are:

Fair Values
In thousands	August 2, 2014				February 1, 2014
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
U.S. Revolver Borrowings	$	21,200	$	21,175	$	—	$	—
UK Term Loans	55,167		54,929		33,730		33,840

Components of accumulated other comprehensive income

The following table summarizes the components of accumulated other comprehensive income for the six months ended August 2, 2014:

	Foreign Currency Translation		Unrecognized Pension/Postretirement Benefit Costs			Total Accumulated Other Comprehensive Income (Loss)
(In thousands)
Balance February 1, 2014	$	575	$	(17,342	)	$	(16,767	)
Other comprehensive income (loss) before reclassifications:
Foreign currency translation adjustment	3,127		—			3,127
Amounts reclassified from AOCI:
Amortization of net actuarial loss (1)	—		1,880			1,880
Amortization reclassified from AOCI, before tax	—		1,880			1,880
Income tax expense (2)	—		740			740
Current period other comprehensive income, net of tax	3,127		1,140			4,267
Balance August 2, 2014	$	3,702	$	(16,202	)	$	(12,500	)

(1) Amount is included in net periodic benefit cost, which is recorded in selling and administrative expense on the Condensed Consolidated Statements of Operations.

(2) Relates to amounts reclassified from AOCI.