FAIR VALUE MEASUREMENTS AND DERIVATIVES (Tables)

3 Months Ended

May 02, 2015

FAIR VALUE MEASUREMENTS

Schedule of assets and liabilities measured at fair value on recurring basis

(dollar amounts in thousands)	Fair Value at		Fair Value Measurements Using Inputs Considered as
Description	May 2, 2015		Level 1		Level 2		Level 3
Assets:
Cash and cash equivalents	$	42,166	$	42,166	$	—	$	—
Collateral investments (1)	21,612		21,612		—		—
Deferred compensation assets (1)	4,488		—		4,488		—
Other liabilities:
Derivative liability (2)	393		—		393		—

(dollar amounts in thousands)	Fair Value at		Fair Value Measurements Using Inputs Considered as
Description	January 31, 2015		Level 1		Level 2		Level 3
Assets:
Cash and cash equivalents	$	38,044	$	38,044	$	—	$	—
Collateral investments (1)	21,611		21,611		—		—
Deferred compensation assets (1)	4,382		—		4,382		—
Other liabilities:
Derivative liability(2)	625		—		625		—

(1) Included in other long-term assets.

(2) Included in other long-term liabilities.

Schedule of impact of fair value accounting for the Company's derivative liability on its consolidated financial statements

(dollar amounts in thousands)	Amount of Gain/(Loss) in Other Comprehensive Income/(Loss) (Effective Portion)			Earnings Statement Classification	Amount of Loss Recognized in Earnings (Effective Portion) (a)
Thirteen weeks ended May 2, 2015	$	146		Interest expense	$	(151	)
Thirteen weeks ended May 3, 2014	$	(38	)	Interest expense	$	(151	)

(a) Represents the effective portion of the loss reclassified from accumulated other comprehensive income (loss).