Discontinued Operations: (Tables)

6 Months Ended

Aug. 01, 2015

Discontinued Operations and Disposal Groups [Abstract]

Schedule of discontinued operations

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):

	August 1, 2015			January 31, 2015		August 2, 2014
Receivables, net	$	—		$	14,517	$	11,334
Inventories, net	—			27,602		33,469
Other current assets, net	49			6,004		4,110
Property and equipment, net	—			9,037		7,788
Intangible assets, net	—			21,635		24,311
Other non-current assets, net	—			1,075		1,213
Total assets	$	49		$	79,870	$	82,225
Accounts payable and other accrued expenses	$	6,868		$	13,253	$	12,923
Short-term debt	—			4,126		1,963
Non-current liabilities	—			1,826		1,610
Deferred income taxes	—			3,745		4,252
Total liabilities	$	6,868		$	22,950	$	20,748
Net (liabilities) assets	$	(6,819	)	$	56,920	$	61,477

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

	Second Quarter Fiscal 2015			Second Quarter Fiscal 2014			First Half Fiscal 2015			First Half Fiscal 2014
Net sales	$	13,105		$	18,696		$	28,081		$	33,779
Cost of goods sold	8,824			9,552			17,414			17,679
Gross profit	4,281			9,144			10,667			16,100
SG&A	8,370			12,454			20,106			24,845
Royalties and other operating income	789			576			1,919			1,747
Operating loss	(3,300		)	(2,734		)	(7,520		)	(6,998		)
Interest expense, net	(27		)	33			45			136
Loss from discontinued operations before income taxes	(3,273		)	(2,767		)	(7,565		)	(7,134		)
Income taxes	(640		)	(547		)	(864		)	(825		)
Loss from discontinued operations, net of taxes	(2,633		)	(2,220		)	(6,701		)	(6,309		)
Loss on sale of discontinued operations, net of taxes	(20,437		)	—			(20,437		)	—
Net loss from discontinued operations, net of taxes	$	(23,070	)	$	(2,220	)	$	(27,138	)	$	(6,309	)

Certain information pertaining to depreciation and amortization as well as capital expenditures associated with our discontinued operations has been included below (in thousands):

	Second Quarter Fiscal 2015		Second Quarter Fiscal 2014		First Half Fiscal 2015		First Half Fiscal 2014
Depreciation and amortization (1)	$	—	$	750	$	667	$	1,476
Capital expenditures	$	233	$	438	$	660	$	796

(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 in our consolidated statements of operations subsequent to qualifying as held for sale.