PROPERTY AND EQUIPMENT

6 Months Ended

Jul. 28, 2012

Property, Plant and Equipment [Abstract]

Property Plant And Equipment Disclosure [Text Block]

NOTE 4: PROPERTY AND EQUIPMENT

Property and Equipment are carried at cost. Depreciation is recorded using the straight-line method over the estimated useful lives of the assets. Improvements to leased premises are amortized using the straight-line method over the shorter of the initial term of the lease or the useful life of the improvement. Leasehold improvements added late in the lease term are amortized over the shorter of the remaining term of the lease (including the upcoming renewal option, if the renewal is reasonably assured) or the useful life of the improvement. Assets under capital leases are amortized in accordance with the Company’s normal depreciation policy for owned assets or over the lease term (regardless of renewal options), if shorter, and the charge to earnings is included in depreciation expense in the consolidated financial statements. Gains or losses on the sale of assets are recorded as a component of operating income.

The following illustrates the breakdown of the major categories within Property and Equipment (in thousands):

	July 28, 2012			January 28, 2012
Property and equipment, at cost:
Buildings and building improvements	$	112,855		$	112,535
Leasehold improvements		71,183			70,509
Automobiles and vehicles		5,208			4,900
Airplane		4,697			4,697
Furniture, fixtures and equipment		256,762			250,592
		450,705			443,233
Less: Accumulated depreciation and amortization		(300,977	)		(290,001	)
		149,728			153,232
Construction in progress		40			23
Land		8,604			7,857
Total Property and equipment, at depreciated cost	$	158,372		$	161,112