17. QUARTERLY RESULTS (UNAUDITED)

	Quarter Ended
2016:	April 30, 2016			July 30, 2016			October 29, 2016			January 28, 2017
Net sales	$	591,007		$	542,360		$	589,942		$	877,283
Costs of merchandise sold		390,913			344,273			382,892			559,648
Selling, general and administrative expense		216,185			211,872			213,816			238,755
(Loss) income from operations		(22,876	)		(23,718	)		(12,881	)		62,046
Net (loss) income		(37,818	)		(38,736	)		(31,582	)		44,717
Basic (loss) earnings per share	$	(1.91	)	$	(1.95	)	$	(1.58	)	$	2.09
Diluted (loss) earnings per share	$	(1.91	)	$	(1.95	)	$	(1.58	)	$	2.09

The quarter ended October 29, 2016 includes a loss on extinguishment of debt totaling $676 due to the write-off of certain deferred financing fees in connection with the Second Amended Revolving Credit Facility amendment (see Note 10).

The quarter ended January 28, 2017 includes impairment charges of $13,709 resulting in a reduction in the carrying amount of certain store properties (see Note 3) and $2,999 related to the reduction in the value of certain intangible assets (see Note 4).

Per share amounts are computed independently for each of the quarters presented. The sum of the quarters does not equal the total year amount due to a mixture of net loss and net income quarters, with differing application of basic and diluted common shares outstanding pursuant to the two-class method.

	Quarter Ended
2015:	May 2, 2015			August 1, 2015			October 31, 2015			January 30, 2016
Net sales	$	610,938		$	555,431		$	623,400		$	927,922
Costs of merchandise sold		404,465			350,828			415,025			605,397
Selling, general and administrative expense		218,686			215,186			220,183			251,597
(Loss) income from operations		(19,043	)		(19,743	)		(18,345	)		66,957
Net (loss) income		(34,074	)		(39,563	)		(33,992	)		50,576
Basic (loss) earnings per share	$	(1.74	)	$	(2.01	)	$	(1.72	)	$	2.42
Diluted (loss) earnings per share	$	(1.74	)	$	(2.01	)	$	(1.72	)	$	2.42

The quarter ended August 1, 2015 includes a gain on insurance recovery of $748 as a result of a fire at one of the Company's stores (see Note 12) and a loss on extinguishment of debt totaling $4,862 for fees and accelerated amortization of deferred fees in conjunction with the repayment of one of the mortgage facilities (see Note 10).

The quarter ended January 30, 2016 includes impairment charges of $1,365 resulting in a reduction in the carrying amount of certain store properties (see Note 3) and $1,842 related to the reduction in the value of certain intangible assets (see Note 4). Fourth quarter results also includes a gain on insurance recovery of $608 as a result of a fire at one of the Company's stores (see Note 12) and a loss on extinguishment of debt totaling $1,346 for fees and accelerated amortization of deferred fees in conjunction with the repayment of the mortgage facility (see Note 10).