FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Jul. 31, 2011

10. Fair Value Measurements [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

In accordance with the fair value hierarchy described above, the following table shows the fair value of the Company’s financial assets and liabilities that were required to be remeasured at fair value on a recurring basis during the twenty-six weeks endedJuly 31, 2011 and August 1, 2010, respectively:

	Fair Value Measurement Using
July 31, 2011	Level 1	Level 2		Level 3	Total Fair Value
Derivative instrument assets
Foreign currency forward exchange contracts	N/A	$	215	N/A	$	215
Interest rate contracts	N/A	301		N/A	301
Total	N/A	$	516	N/A	$	516
Derivative instrument liabilities
Foreign currency forward exchange contracts	N/A	$	21,396	N/A	$	21,396
Interest rate contracts	N/A	7,935		N/A	7,935
Total	N/A	$	29,331	N/A	$	29,331
August 1, 2010
Derivative instrument assets
Foreign currency forward exchange contracts	N/A	$	3,766	N/A	$	3,766
Derivative instrument liabilities
Foreign currency forward exchange contracts	N/A	$	9,473	N/A	$	9,473

The fair value of the foreign currency forward exchange contracts related to inventory purchases is measured as the total amount of currency to be purchased, multiplied by the difference between (i) the forward rate as of the period end and (ii) the settlement rate specified in each contract.

The fair values of the interest rate swap and cap are based on observable interest rate yield curves and represent the expected discounted cash flows underlying the financial instruments.

Fair Value, Assets and Liabilities Measured on Nonrecurring Basis and Recorded Impairment [Table Text Block]

The following table shows the fair value of the Company’s non-financial assets and liabilities that were required to be remeasured at fair value on a nonrecurring basis (consisting of property and equipment and other long-lived assets) during the twenty-six weeks ended July 31, 2011, and the total impairments recorded as a result of the remeasurement process:

	Fair Value Measurement Using
	Level 1	Level 2	Level 3		Fair Value As Of Impairment Date		Total Impairments
Twenty-six weeks ended 7/31/11	N/A	N/A	$	—	$	—	$	1,062

Long-lived assets with a carrying amount of $1,062 were written down to a fair value of zero during the twenty-six weeks ended July 31, 2011 in connection with the Company’s negotiated early termination of its license to market sportswear under the Timberland brand. (Please see Note 13, “Activity Exit Costs,” for a further discussion.) Such assets were deemed to have no future use or economic benefit based on the Company’s analysis using market participant assumptions, and therefore no expected future cash flows.

There were no non-financial assets or liabilities that were required to be remeasured at fair value on a non-recurring basis during the twenty-six week period ended August 1, 2010.

Fair Value, by Balance Sheet Grouping [Table Text Block]

The carrying amounts and the fair values of the Company’s cash and cash equivalents, short-term borrowings and long-term debt for the periods ended July 31, 2011 and August 1, 2010 were as follows:

	7/31/11				8/1/10
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Cash and cash equivalents	$	287,691	$	287,691	$	475,340	$	475,340
Short-term borrowings	13,006		13,006		4,617		4,617
Long-term debt (including portion classified as current)	2,141,878		2,191,572		2,491,635		2,522,577