Consolidated Guarantor Data (Tables)

3 Months Ended

May 03, 2014

Condensed Consolidating Balance Sheets

Burlington Coat Factory Investments Holdings, Inc.

Condensed Consolidating Balance Sheets

(All amounts in thousands)

	As of May 3, 2014
	Holdings			BCFW			Guarantors		Eliminations			Consolidated
ASSETS
Current Assets:
Cash and Cash Equivalents	$	—		$	65,200		$	3,261	$	—		$	68,461
Restricted Cash and Cash Equivalents		—			32,100			—		—			32,100
Accounts Receivable		—			35,434			8,638		—			44,072
Merchandise Inventories		—			—			707,627		—			707,627
Deferred Tax Asset		—			8,607			6,243		—			14,850
Prepaid and Other Current Assets		—			41,930			35,562		—			77,492
Prepaid Income Tax		—			3,433			1,893		—			5,326
Intercompany Receivable		—			—			1,086,601		(1,086,601	)		—
Total Current Assets		—			186,704			1,849,825		(1,086,601	)		949,928
Property and Equipment—Net of Accumulated Depreciation		—			64,555			843,217		—			907,772
Tradenames		—			238,000			—		—			238,000
Favorable Leases—Net of Accumulation Amortization		—			—			285,933		—			285,933
Goodwill		—			47,064			—		—			47,064
Investment in Subsidiaries		—			2,551,776			—		(2,551,776	)		—
Other Assets		—			24,430			91,643		—			116,073
Total Assets	$	—		$	3,112,529		$	3,070,618	$	(3,638,377	)	$	2,544,770
LIABILITIES AND STOCKHOLDER’S (DEFICIT) EQUITY
Current Liabilities:
Accounts Payable	$	—		$	575,912		$	—	$	—		$	575,912
Other Current Liabilities		—			125,305			140,138		—			265,443
Intercompany Payable		—			1,086,601			—		(1,086,601	)		—
Current Maturities of Long Term Debt		—			—			1,070		—			1,070
Total Current Liabilities		—			1,787,818			141,208		(1,086,601	)		842,425
Long Term Debt		—			1,275,369			21,889		—			1,297,258
Other Liabilities		—			53,696			201,600		—			255,296
Deferred Tax Liability		—			81,841			154,145		—			235,986
Investment in Subsidiaries		86,195			—			—		(86,195	)		—
Commitments and Contingencies
Stockholder’s (Deficit) Equity:
Common Stock		—			—			—		—			—
Capital in Excess of Par Value		414,045			414,045			1,063,182		(1,477,227	)		414,045
(Accumulated Deficit) Retained Earnings		(500,240	)		(500,240	)		1,488,594		(988,354	)		(500,240	)
Total Stockholder’s (Deficit) Equity		(86,195	)		(86,195	)		2,551,776		(2,465,581	)		(86,195	)
Total Liabilities and Stockholder’s (Deficit) Equity	$	—		$	3,112,529		$	3,070,618	$	(3,638,377	)	$	2,544,770

Burlington Coat Factory Investments Holdings, Inc.

Condensed Consolidating Balance Sheets

(All amounts in thousands)

	As of February 1, 2014
	Holdings			BCFW			Guarantors		Eliminations			Consolidated
ASSETS
Current Assets:
Cash and Cash Equivalents	$	—		$	125,069		$	4,391	$	—		$	129,460
Restricted Cash and Cash Equivalents		—			32,100			—		—			32,100
Accounts Receivable		—			26,007			9,671		—			35,678
Merchandise Inventories		—			—			720,052		—			720,052
Deferred Tax Asset		—			10,176			3,299		—			13,475
Prepaid and Other Current Assets		—			41,831			35,870		—			77,701
Prepaid Income Tax		—			2,732			1,791		—			4,523
Intercompany Receivable		—			—			998,503		(998,503	)		—
Total Current Assets		—			237,915			1,773,577		(998,503	)		1,012,989
Property and Equipment—Net of Accumulated Depreciation		—			65,324			837,333		—			902,657
Tradenames		—			238,000			—		—			238,000
Favorable Leases—Net of Accumulation Amortization		—			—			292,553		—			292,553
Goodwill		—			47,064			—		—			47,064
Investment in Subsidiaries		—			2,491,514			—		(2,491,514	)		—
Other Assets		—			26,533			94,140		—			120,673
Total Assets	$	—		$	3,106,350		$	2,997,603	$	(3,490,017	)	$	2,613,936
LIABILITIES AND STOCKHOLDER’S (DEFICIT) EQUITY
Current Liabilities:
Accounts Payable	$	—		$	542,987		$	—	$	—		$	542,987
Other Current Liabilities		—			191,181			121,162		—			312,343
Intercompany Payable		—			998,503			—		(998,503	)		—
Current Maturities of Long Term Debt		—			—			1,026		—			1,026
Total Current Liabilities		—			1,732,671			122,188		(998,503	)		856,356
Long Term Debt		—			1,278,839			22,173		—			1,301,012
Other Liabilities		—			54,323			201,232		—			255,555
Deferred Tax Liability		—			82,212			160,496		—			242,708
Investment in Subsidiaries		41,695			—			—		(41,695	)		—
Commitments and Contingencies
Stockholder’s (Deficit) Equity:
Common Stock		—			—			—		—			—
Capital in Excess of Par Value		474,396			474,396			1,063,182		(1,537,578	)		474,396
(Accumulated Deficit) Retained Earnings		(516,091	)		(516,091	)		1,428,332		(912,241	)		(516,091	)
Total Stockholder’s (Deficit) Equity		(41,695	)		(41,695	)		2,491,514		(2,449,819	)		(41,695	)
Total Liabilities and Stockholder’s (Deficit) Equity	$	—		$	3,106,350		$	2,997,603	$	(3,490,017	)	$	2,613,936

Burlington Coat Factory Investments Holdings, Inc.

Condensed Consolidating Balance Sheets

(All amounts in thousands)

	As of May 4, 2013
	Holdings			BCFW			Guarantors		Eliminations			Consolidated
ASSETS
Current Assets:
Cash and Cash Equivalents	$	—		$	98,553		$	3,795	$	—		$	102,348
Restricted Cash and Cash Equivalents		—			34,800			—		—			34,800
Accounts Receivable		—			32,100			14,262		—			46,362
Merchandise Inventories		—			—			727,219		—			727,219
Deferred Tax Assets		—			9,331			6		—			9,337
Prepaid and Other Current Assets		—			43,264			31,030		—			74,294
Prepaid Income Taxes		—			5,052			1,950		—			7,002
Intercompany Receivable		—			—			788,022		(788,022	)		—
Total Current Assets		—			223,100			1,566,284		(788,022	)		1,001,362
Property and Equipment – Net of Accumulated Depreciation		—			72,936			798,674		—			871,610
Tradenames					238,000			—		—			238,000
Favorable Leases – Net of Accumulated Amortization		—			—			313,200		—			313,200
Goodwill		—			47,064			—		—			47,064
Investment in Subsidiaries		—			2,272,794			—		(2,272,794	)		—
Other Assets		—			25,060			86,149		—			111,209
Total Assets	$	—		$	2,878,954		$	2,764,307	$	(3,060,816	)	$	2,582,445
LIABILITIES AND STOCKHOLDER’S (DEFICIT) EQUITY
Current Liabilities:
Accounts Payable	$	—		$	630,660		$	—	$	—		$	630,660
Other Current Liabilities		—			90,614			126,930		—			217,544
Intercompany Payable		—			788,022			—		(788,022	)		—
Current Maturities of Long Term Debt		—			8,710			1,027		—			9,737
Total Current Liabilities		—			1,518,006			127,957		(788,022	)		857,941
Long Term Debt		—			1,304,862			23,490		—			1,328,352
Other Liabilities		—			51,368			178,969		—			230,337
Deferred Tax Liability		—			90,070			161,097		—			251,167
Investment in Subsidiaries		85,352			—			—		(85,352	)		—
Commitments and Contingencies
Stockholder’s (Deficit) Equity:
Common Stock		—			—			—		—			—
Capital in Excess of Par Value		475,191			475,191			1,063,182		(1,538,373	)		475,191
(Accumulated Deficit) Retained Earnings		(560,543	)		(560,543	)		1,209,612		(649,069	)		(560,543	)
Total Stockholder’s (Deficit) Equity		(85,352	)		(85,352	)		2,272,794		(2,187,442	)		(85,352	)
Total Liabilities and Stockholder’s Equity (Deficit)	$	—		$	2,878,954		$	2,764,307	$	(3,060,816	)	$	2,582,445

Condensed Consolidating Statement of Operations and Comprehensive Income (Loss)

Burlington Coat Factory Investments Holdings, Inc.

Condensed Consolidating Statement of Operations and Comprehensive Income (Loss)

(All amounts in thousands)

	For the Three Months Ended May 3, 2014
	Holdings		BCFW			Guarantors			Eliminations			Consolidated
REVENUES:
Net Sales	$	—	$	—		$	1,128,269		$	—		$	1,128,269
Other Revenue		—		42			7,547			—			7,589
Total Revenue		—		42			1,135,816			—			1,135,858
COSTS AND EXPENSES:
Cost of Sales		—		—			698,461			—			698,461
Selling and Administrative Expenses		—		44,829			302,140			—			346,969
Costs Related to Debt Amendments and Secondary Offering		—		366			—			—			366
Stock Option Modification Expense		—		828			—			—			828
Restructuring and Separation Costs		—		—			—			—			—
Depreciation and Amortization		—		5,744			35,464			—			41,208
Impairment Charges—Long-Lived Assets		—		0			19			—			19
Other Income, Net		—		(946	)		(950	)		—			(1,896	)
Loss on Extinguishment of Debt		—		87			0			—			87
Interest Expense		—		23,269			491			—			23,760
Total Costs and Expenses		—		74,177			1,035,625			—			1,109,802
(Loss) Income Before (Benefit) Provision for Income Taxes and Equity Investment		—		(74,135	)		100,191			—			26,056
(Benefit) Provision for Income Taxes		—		(29,724	)		39,929			—			10,205
Net (Loss) Income Before Earnings (Loss) from Equity Investment, Net of Taxes		—		(44,411	)		60,262			—		$	15,851
Earnings (Loss) from Equity Investment, Net of Taxes		15,851		60,262			—			(76,113	)		—
Net Income (Loss) Income	$	15,851	$	15,851		$	60,262		$	(76,113	)	$	15,851
Total Comprehensive Income (Loss)	$	15,851	$	15,851		$	60,262		$	(76,113	)	$	15,851

Burlington Coat Factory Investments Holdings, Inc.

Condensed Consolidating Statement of Operations and Comprehensive Income (Loss)

(All amounts in thousands)

	For the Three Months Ended May 4, 2013
	Holdings			BCFW			Guarantors			Eliminations			Consolidated
REVENUES:
Net Sales	$	—		$	—		$	1,065,013		$	—		$	1,065,013
Other Revenue		—			56			7,920			—			7,976
Total Revenue		—			56			1,072,933			—			1,072,989
COSTS AND EXPENSES:
Cost of Sales		—			—			667,653			—			667,653
Selling and Administrative Expenses		—			47,310			280,394			—			327,704
Costs Related to Debt Amendments and Secondary Offering		—			8,855			—			—			8,855
Stock Option Modification Expense		—			—			—			—			—
Restructuring and Separation Costs		—			1,531			94			—			1,625
Depreciation and Amortization		—			6,269			37,723			—			43,992
Impairment Charges—Long-Lived Assets		—			—			51			—			51
Other Income, Net		—			(1,319	)		(1,229	)		—			(2,548	)
Loss on Extinguishment of Debt		—			—			—			—			—
Interest Expense		—			26,057			532			—			26,589
Total Costs and Expenses		—			88,703			985,218			—			1,073,921
(Loss) Income Before (Benefit) Provision for Income Taxes and Equity Investment		—			(88,647	)		87,715			—			(932	)
(Benefit) Provision for Income Taxes		—			(34,290	)		34,060			—			(230	)
Net (Loss) Income Before (Loss) Earnings from Equity Investment, Net of Taxes		—			(54,357	)		53,655			—			(702	)
(Loss) Earnings from Equity Investment, Net of Taxes		(702	)		53,655			—			(52,953	)		—
Net (Loss) Income	$	(702	)	$	(702	)	$	53,655		$	(52,953	)	$	(702	)
Total Comprehensive (Loss) Income	$	(702	)	$	(702	)	$	53,655		$	(52,953	)	$	(702	)

Condensed Consolidating Statements of Cash Flows

Burlington Coat Factory Investments Holdings, Inc.

Condensed Consolidating Statements of Cash Flows

(All amounts in thousands)

	For the Three Months Ended May 3, 2014
	Holdings			BCFW			Guarantors			Elimination			Consolidated
OPERATING ACTIVITIES
Net Cash Provided by Operating Activities	$	—		$	(72,843	)	$	127,038		$	—		$	54,195
INVESTING ACTIVITIES
Cash Paid For Property and Equipment		—			(6,047	)		(39,938	)		—			(45,985	)
Proceeds Received from Sale of Fixed Assets		—			—			108			—			108
Intercompany Investing Transactions		—			—			(88,098	)		88,098			—
Net Cash (Used in) Provided by Investing Activities		—			(6,047	)		(127,928	)		88,098			(45,877	)
FINANCING ACTIVITIES
Proceeds from Long Term Debt – ABL Line of Credit		—			115,000			—			—			115,000
Principal Payments on Long Term Debt – ABL Line of Credit		—			(115,000	)		—			—			(115,000	)
Principal Payments on Long Term Debt – Term Loan		—			(3,955	)		—			—			(3,955	)
Repayment of Capital Lease Obligations		—			—			(240	)		—			(240	)
Payment of Dividends		(65,789	)		(65,789	)		—			65,789			(65,789	)
Receipt of Dividends		65,789			—			—			(65,789	)		—
Proceeds from Direct Parent Investment		667			—			—			—			667
Proceeds from (Payments to) Equity Investment in BCFWC		(667	)		667			—			—			—
Debt Issuance Cost		—			—			—			—			—
Intercompany Financing Transactions		—			88,098			—			(88,098	)		—
Net Cash Provided by (Used In) Financing Activities		—			19,021			(240	)		(88,098	)		(69,317	)
(Decrease) in Cash and Cash Equivalents		—			(59,869	)		(1,130	)		—			(60,999	)
Cash and Cash Equivalents at Beginning of Period		—			125,069			4,391			—			129,460
Cash and Cash Equivalents at End of Period	$	—		$	65,200		$	3,261		$	—		$	68,461

Burlington Coat Factory Investments Holdings, Inc.

Condensed Consolidating Statements of Cash Flows

(All amounts in thousands)

	For the Three Months Ended May 4, 2013
	Holdings			BCFW			Guarantors			Elimination			Consolidated
OPERATING ACTIVITIES
Net Cash Provided by Operating Activities	$	—		$	31,560		$	63,820		$	—		$	95,380
INVESTING ACTIVITIES
Cash Paid For Property and Equipment		—			(6,817	)		(22,947	)		—			(29,764	)
Proceeds Received from Sale of Fixed Assets		—			—			114			—			114
Intercompany Investing Transactions		—			—			(40,617	)		40,617			—
Net Cash (Used in) Provided by Investing Activities		—			(6,817	)		(63,450	)		40,617			(29,650	)
FINANCING ACTIVITIES
Proceeds from Long Term Debt—ABL Line of Credit		—			155,000			—			—			155,000
Principal Payments on Long Term Debt—ABL Line of Credit		—			(155,000	)		—			—			(155,000	)
Repayment of Capital Lease Obligations		—			—			(253	)		—			(253	)
Payment of Dividends		(4,955	)		(4,955	)		—			4,955			(4,955	)
Receipt of Dividends		4,955			—			—			(4,955	)		—
Debt Issuance Cost		—			(1,574	)		—			—			(1,574	)
Stock Option Exercise and Related Tax Benefits		—			64			—			—			64
Intercompany Financing Transactions		—			40,617			—			(40,617	)		—
Net Cash Provided by (Used In) Financing Activities		—			34,152			(253	)		(40,617	)		(6,718	)
Increase in Cash and Cash Equivalents		—			58,895			117			—			59,012
Cash and Cash Equivalents at Beginning of Period		—			39,658			3,678			—			43,336
Cash and Cash Equivalents at End of Period	$	—		$	98,553		$	3,795		$	—		$	102,348