OPERATING LEASES

12 Months Ended

Feb. 02, 2013

NOTE 12 - OPERATING LEASES

The Company leases stores, its corporate headquarters, one distribution center and equipment under operating leases. Such leases generally contain renewal options and require that the Company pay for utilities, taxes and maintenance expense. A number of store leases provide for escalating minimum rent. Rent expense for operating leases for 2012, 2011 and 2010 was $75.9 million, $72.9 million and $72.5 million, respectively, and includes minimum rentals of $71.5 million, $69.2 million and $68.9 million in 2012, 2011 and 20010, respectively. Rent expense also includes contingent rentals of $4.4 million, $3.7 million and $3.6 million in 2012, 2011 and 2010, respectively, and sublease rental income of $0.01 million, $0.01 million and $0.01 million in 2012, 2011 and 2010, respectively.

Minimum rental commitments on long-term, non-cancelable operating leases at February 2, 2013, net of sub-lease rental income, are as follows (in thousands):

Fiscal Year	Commitments
2013	$	83,889
2014		74,296
2015		66,631
2016		55,496
2017		45,244
Thereafter		92,428
Total	$	417,984

- Definition

The entire disclosure for lessee entity's leasing arrangements including, but not limited to, all of the following: (a.) The basis on which contingent rental payments are determined, (b.) The existence and terms of renewal or purchase options and escalation clauses, (c.) Restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing.

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