Discontinued Operations: (Tables)

3 Months Ended

May 02, 2015

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures

The following represents major classes of assets and liabilities related to the discontinued operations included in our consolidated balance sheets as of the following dates (in thousands):

	May 2, 2015		January 31, 2015		May 3, 2014
Receivables, net	$	9,158	$	14,517	$	10,369
Inventories, net	21,535		27,602		22,508
Other current assets, net	8,058		6,004		4,939
Property and equipment, net	8,946		9,037		8,057
Intangible assets, net	21,910		21,635		24,394
Other non-current assets, net	1,013		1,075		1,217
Total assets	$	70,620	$	79,870	$	71,484
Accounts payable	$	5,174	$	8,071	$	3,621
Other accrued expenses and liabilities	2,136		5,182		6,893
Short-term debt	5,259		4,126		3,382
Non-current liabilities	1,848		1,826		1,675
Deferred income taxes	3,791		3,745		4,295
Total liabilities	$	18,208	$	22,950	$	19,866
Net assets	$	52,412	$	56,920	$	51,618

Operating results of the discontinued operations are shown below (in thousands):

	First Quarter Fiscal 2015			First Quarter Fiscal 2014
Net sales	$	14,976		$	15,083
Cost of goods sold	8,590			8,127
Gross profit	6,386			6,956
SG&A	11,736			12,391
Royalties and other operating income	1,130			1,171
Operating loss	(4,220		)	(4,264		)
Interest expense, net	72			103
Loss from discontinued operations before income taxes	(4,292		)	(4,367		)
Income taxes	(224		)	(278		)
Loss from discontinued operations, net of taxes	$	(4,068	)	$	(4,089	)

Certain information pertaining to depreciation, amortization and capital expenditures of our discontinued operations has been included below (in thousands):

	First Quarter Fiscal 2015		First Quarter Fiscal 2014
Depreciation (1)	$	639	$	674
Amortization (1)	$	28	$	51
Capital expenditures	$	427	$	358

(1) For Fiscal 2015, amounts reflect expense recognized prior to classification as held for sale, which occurred on March 24, 2015. No expense for depreciation or amortization was recognized subsequent to qualifying as held for sale.