Summary of Significant Accounting Policies (Tables)

12 Months Ended

Jan. 31, 2015

Components of Prepaid Expenses

Prepaid expenses as of January 31, 2015 and February 1, 2014 included the following components (in thousands):

	January 31,		February 1,
	2015		2014
Prepaid rent and occupancy	$	15,258	$	17,071
Prepaid insurance		634		438
Other		1,457		1,962
Total prepaid expenses	$	17,349	$	19,471

Components of Other Current Assets

Other current assets as of January 31, 2015 and February 1, 2014 included the following components (in thousands):

	January 31,		February 1,
	2015		2014
Credit card receivables	$	6,522	$	7,064
Franchise receivables		7,353		3,708
Store supplies		5,442		5,976
Deferred tax assets, net of valuation allowance		4,662		4,600
Income taxes receivable		—		4
Other		3,495		4,953
Total other current assets	$	27,474	$	26,305

Components of Other Assets

Other assets as of January 31, 2015 and February 1, 2014 included the following components (in thousands):

	January 31,		February 1,
	2015		2014
Initial direct costs of leases	$	14,504	$	17,568
Prepaid lease payments		5,863		8,235
Deferred tax assets, non-current		3,551		4,244
Other		21,754		24,349
Total other assets	$	45,672	$	54,396

Components of Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities as of January 31, 2015 and February 1, 2014 included the following components (in thousands):

	January 31,		February 1,
	2015		2014
Compensation and benefits	$	31,668	$	33,444
Gift cards and certificates		23,212		23,125
Sales and local taxes		14,087		17,441
Store rent		2,515		2,460
Other		22,023		18,257
Total accrued expenses and other current liabilities	$	93,505	$	94,727

Assets Measured at Fair Value on Nonrecurring Basis

The following tables summarize the Company’s assets measured at fair value on a nonrecurring basis segregated among the appropriate levels within the fair value hierarchy (in thousands): There was no impairment of the Company’s non-financial assets during Fiscal 2013 and Fiscal 2012.

			Fair Value Measurements as of January 31, 2015 Using
	Carrying Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3) (1)		Impairment Charges Fiscal 2014
Intangible assets	$	274,000	$	—	$	—	$	274,000	$	12,000

(1) See Note 3 – Impairment Charges for discussion of the valuation techniques used to measure fair value, the description of the inputs and information used to develop those inputs.