Lease termination and impairment charges consist of amounts and number of locations as follows:

	Thirteen Week Period Ended				Thirty-Nine Week Period Ended

	November 26, 2011		November 27, 2010		November 26, 2011		November 27, 2010
Impairment charges	$	1,439	$	751	$	2,829	$	3,197
Facility and equipment lease exit charges		10,101		16,252		40,919		53,623

	$	11,540	$	17,003	$	43,748	$	56,820

Impairment charges
Number of Stores		18		19		45		42
Number of Distribution Centers		—		1		—		1

		18		20		45		43

Lease exit charges
Number of Stores		2		11		13		31
Number of Distribution Centers		—		—		—		—

		2		11		13		31

These amounts include the write-down of long-lived assets at locations that were assessed for impairment because of management's intention to relocate or close the location, or because of changes in circumstances that indicated the carrying value of an asset may not be recoverable.

Charges to close a store, which principally consist of lease termination costs, are recorded at the time the store is closed and all inventory is liquidated, pursuant to the guidance set forth in ASC 420, "Exit or Disposal Cost Obligations." The Company calculates the liability for closed stores on a store-by-store basis. The calculation includes the discounted effect of future minimum lease payments and related ancillary costs, from the date of closure to the end of the remaining lease term, net of estimated cost recoveries that may be achieved through subletting or favorable lease terminations. The Company evaluates these assumptions each quarter and adjusts the liability accordingly.

As part of our ongoing business activities, the Company assesses stores and distribution centers for potential closure. Decisions to close stores or distribution centers in future periods would result in charges for lease exit costs and liquidation of inventory, as well as impairment of assets at these locations. The following table reflects the closed store and distribution center charges that relate to new closures, changes in assumptions and interest accretion:

	Thirteen Week Period Ended						Thirty-Nine Week Period Ended

	November 26, 2011			November 27, 2010			November 26, 2011			November 27, 2010
Balance—beginning of period	$	390,161		$	395,098		$	405,350		$	412,654
Provision for present value of noncancellable lease payments of closed stores		2,282			5,076			5,453			21,707
Changes in assumptions about future sublease income, terminations and changes in interest rates		1,157			4,922			16,378			13,288
Interest accretion		6,341			6,326			19,912			19,661
Cash payments, net of sublease income		(24,381	)		(23,977	)		(71,533	)		(79,865	)

Balance—end of period	$	375,560		$	387,445		$	375,560		$	387,445

The Company's revenues and loss before income taxes for the thirteen and thirty-nine week periods ended November 26, 2011 and November 27, 2010 include results from stores that have been closed or are approved for closure as of November 26, 2011. The revenue, operating expenses, and loss before income taxes of these stores for the periods are presented as follows:

	Thirteen Week Period Ended						Thirty-Nine Week Period Ended

	November 26, 2011			November 27, 2010			November 26, 2011			November 27, 2010
Revenues	$	25,719		$	64,802		$	103,605		$	234,434
Operating expenses		30,525			72,752			117,005			263,647
Gain from sale of assets		(4,327	)		(4,365	)		(10,137	)		(9,818	)
Other expenses		799			506			575			2,279
Loss before income taxes		(1,278	)		(4,091	)		(3,838	)		(21,674	)
Included in these stores' loss before income taxes are:
Depreciation and amortization		226			878			991			3,048
Inventory liquidation charges		714			825			1,173			3,145

The above results are not necessarily indicative of the impact that these closures will have on revenues and operating results of the Company in the future, as the Company often transfers the business of a closed store to another Company store, thereby retaining a portion of these revenues and operating expenses.

The Company prioritizes inputs used in measuring the fair value of its nonfinancial assets and liabilities into a hierarchy of three levels: Level 1—quoted prices (unadjusted) in active markets for identical assets or liabilities; Level 2—inputs other than quoted prices included within Level 1 that are either directly or indirectly observable; and Level 3—unobservable inputs in which little or no market activity exists, therefore requiring an entity to develop its own assumptions about the assumptions that market participants would use in pricing.

Long-lived assets are measured at fair value on a nonrecurring basis for purposes of calculating impairment using Level 2 and Level 3 inputs as defined in the fair value hierarchy. The fair value of long-lived assets using Level 2 inputs is determined by evaluating the current economic conditions in the geographic area for similar use assets. The fair value of long-lived assets using Level 3 inputs is determined by estimating the amount and timing of net future cash flows and discounting them using a risk-adjusted rate of interest. The Company estimates future cash flows based on its experience and knowledge of the market in which the store is located.

The table below sets forth by level within the fair value hierarchy the long-lived assets as of the impairment measurement date for which an impairment assessment was performed and total losses for the thirteen and thirty-nine week periods ended November 26, 2011 and November 27, 2010, respectively.

									Total Losses

	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Fair Values as of Impairment Date		Thirteen Week Period Ended November 26, 2011		Thirty-Nine Week Period Ended November 26, 2011
Long-lived assets held and used	$	—	$	—	$	—	$	—	$	750	$	1,692
Long-lived assets held for sale		—	$	2,800		—	$	2,800	$	689	$	1,137

Total	$	—	$	2,800	$	—	$	2,800	$	1,439	$	2,829

									Total Losses

	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Fair Values as of Impairment Date		Thirteen Week Period Ended November 27, 2010		Thirty-Nine Week Period Ended November 27, 2010
Long-lived assets held and used	$	—	$	3,493	$	162	$	3,655	$	751	$	3,197
Long-lived assets held for sale		—		—		—		—		—		—

Total	$	—	$	3,493	$	162	$	3,655	$	751	$	3,197