Stockholder's Deficit

3 Months Ended

May 03, 2014

Stockholder's Deficit

2. Stockholder’s Deficit

Activity for the three month periods ended May 3, 2014 and May 4, 2013 in the Company’s stockholder’s deficit are summarized below:

	(in thousands)
	Common Stock		Capital in Excess of Par Value			Accumulated Deficit			Total
Balance at February 1, 2014	$	—	$	474,396		$	(516,091	)	$	(41,695	)
Net Income		—		—			15,851			15,851
Stock Based Compensation		—		1,367			—			1,367
Dividends		—		(65,789	)		—			(65,789	)
Tax Benefits Related to Exercise of Parent’s Stock Options		—		3,404			—			3,404
Direct Parent Investment		—		667			—			667
Balance at May 3, 2014	$	—	$	414,045		$	(500,240	)	$	(86,195	)

	(in thousands)
	Common Stock		Capital in Excess of Par Value			Accumulated Deficit			Total
Balance at February 2, 2013	$	—	$	479,572		$	(559,841	)	$	(80,269	)
Net Loss		—		—			(702	)		(702	)
Stock Options Exercised and Related Tax Benefits		—		64			—			64
Stock Based Compensation		—		510			—			510
Dividends		—		(4,955	)		—			(4,955	)
Balance at May 4, 2013	$	—	$	475,191		$	(560,543	)	$	(85,352	)