Reserve for Closed Stores

3 Months Ended

May 01, 2011

Reserve for Closed Stores [Abstract]

RESERVE FOR CLOSED STORES

NOTE 5 — RESERVE FOR CLOSED STORES

     The components of the reserve for closed stores were as follows (in thousands):

	May 1, 2011			January 30, 2011			May 2, 2010
Total remaining gross occupancy costs	$	32,511		$	34,313		$	38,703
Less:
Expected sublease income		(19,447	)		(22,964	)		(26,691	)
Interest costs		(1,749	)		(1,585	)		(1,822	)
Reserve for closed stores	$	11,315		$	9,764		$	10,190
Current portion, included in other current liabilities	$	3,230		$	3,056		$	2,982
Noncurrent portion, included in other noncurrent liabilities		8,085			6,708			7,208
Reserve for closed stores	$	11,315		$	9,764		$	10,190

     The activity related to the reserve for closed stores was as follows (in thousands):

	Thirteen Weeks Ended
	May 1, 2011			May 2, 2010
Opening balance	$	9,764		$	8,216
Reserve for new store closures		—			2,802
Changes in sublease assumptions		2,530			—
Other		198			120
Charges, net		2,728			2,922
Payments		(1,177	)		(948	)
Ending balance	$	11,315		$	10,190