Summary of Significant Accounting Policies (Tables)

12 Months Ended

Feb. 02, 2013

Summary of Significant Accounting Policies

Schedule of estimated useful lives of the assets

Leasehold improvements	Lesser of remaining life of the asset or lease term
Furniture, fixtures, equipment and technology	2 – 15 years
Buildings and improvements	7 – 40 years

Schedule of rollforward of the fair value of the contingent consideration liability, including non-current and current amounts

        A summary of the fair value of the contingent consideration liability, including non-current and current amounts, is as follows (in thousands):

	Fiscal 2012			Fiscal 2011		Fiscal 2010
Balance at beginning of year	$	13,145		$	10,745	$	—
Recognition of fair value at acquisition		—			—		10,545
Change in fair value of contingent consideration		6,285			2,400		200
Contingent consideration payments made to sellers during the year(1)		(4,980	)		—		—
Balance at end of year	$	14,450		$	13,145	$	10,745
Maximum contingent consideration amounts eligible to be earned in future years	$	15,000		$	17,500	$	20,000

(1)

Reflects payment of the $2.5 million fiscal 2011 contingent consideration payment and the $2.5 million fiscal 2012 contingent consideration payment, less a discount due to the payment of the contingent consideration amount for fiscal 2012 being made prior to the end of the year rather than subsequent to year-end.

Summary of financial assets and financial liabilities measured and recorded at fair value on a recurring basis

        The following table summarizes financial assets and financial liabilities measured and recorded at fair value on a recurring basis, each of which are discussed in further detail above, (in thousands):

	Total Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
February 2, 2013
Financial Liabilities:
Forward foreign currency exchange contracts	$	576	$	—	$	576	$	—
Interest rate swap agreements	$	23	$	—	$	23	$	—
Fair value of contingent consideration, (current and non-current)	$	14,450	$	—	$	—	$	14,450
January 28, 2012
Financial Assets:
Forward foreign currency exchange contracts	$	483	$	—	$	483	$	—
Financial Liabilities:
Fair value of contingent consideration, (current and non-current)	$	13,145	$	—	$	—	$	13,145

Schedule of components of accumulated other comprehensive income (loss), net of related income taxes

The components of accumulated other comprehensive income (loss), net of related income taxes, are as follows (in thousands):

	February 2, 2013			January 28, 2012
Foreign currency translation loss	$	(23,986	)	$	(24,157	)
Net unrealized gain (loss) on cash flow hedges		(599	)		483
Accumulated other comprehensive loss	$	(24,585	)	$	(23,674	)