INCOME TAXES	9 Months Ended
Oct. 31, 2015
INCOME TAXES
INCOME TAXES	9.INCOME TAXES The provisions codified within ASC Topic 740, Income Taxes (“ASC 740”), require companies to assess whether valuation allowances should be established against their deferred tax assets based on consideration of all available evidence using a “more likely than not” standard. In accordance with ASC 740, the Company maintained a full valuation allowance throughout fiscal 2014 and the 39 weeks ended October 31, 2015 on all of the Company’s net deferred tax assets. The Company’s deferred tax asset valuation allowance totaled $206,338, $176,495 and $161,856 as of October 31, 2015, November 1, 2014 and January 31, 2015, respectively. The Company recorded net income tax benefits of $199 and $596 for the 13 and 39 weeks ended October 31, 2015, respectively, which include $647 and $1,942 non-cash income tax benefits from continuing operations during the 13 and 39 weeks ended October 31, 2015, respectively. Pursuant to ASC 740, the Company is required to consider all items (including items recorded in other comprehensive income) in determining the amount of tax benefit that results from a loss from continuing operations and that should be allocated to continuing operations. As a result, the Company recorded tax benefits on the losses from continuing operations for the 13 and 39 weeks ended October 31, 2015, respectively, which are exactly offset by income tax expense on other comprehensive income. In addition, the net income tax benefits include $448 and $1,346 of expense recorded in the 13 and 39 weeks ended October 31, 2015, respectively, for recognition of deferred tax liabilities associated with indefinite-lived assets. The income tax provisions of $427 and $1,322 recorded in the 13 and 39 weeks ended November 1, 2014, respectively, primarily reflect the recognition of deferred tax liabilities associated with indefinite-lived assets.

INCOME TAXES

9 Months Ended

Oct. 31, 2015

9.INCOME TAXES

The provisions codified within ASC Topic 740, Income Taxes (“ASC 740”), require companies to assess whether valuation allowances should be established against their deferred tax assets based on consideration of all available evidence using a “more likely than not” standard. In accordance with ASC 740, the Company maintained a full valuation allowance throughout fiscal 2014 and the 39 weeks ended October 31, 2015 on all of the Company’s net deferred tax assets. The Company’s deferred tax asset valuation allowance totaled $206,338, $176,495 and $161,856 as of October 31, 2015, November 1, 2014 and January 31, 2015, respectively.

The Company recorded net income tax benefits of $199 and $596 for the 13 and 39 weeks ended October 31, 2015, respectively, which include $647 and $1,942 non-cash income tax benefits from continuing operations during the 13 and 39 weeks ended October 31, 2015, respectively. Pursuant to ASC 740, the Company is required to consider all items (including items recorded in other comprehensive income) in determining the amount of tax benefit that results from a loss from continuing operations and that should be allocated to continuing operations. As a result, the Company recorded tax benefits on the losses from continuing operations for the 13 and 39 weeks ended October 31, 2015, respectively, which are exactly offset by income tax expense on other comprehensive income. In addition, the net income tax benefits include $448 and $1,346 of expense recorded in the 13 and 39 weeks ended October 31, 2015, respectively, for recognition of deferred tax liabilities associated with indefinite-lived assets. The income tax provisions of $427 and $1,322 recorded in the 13 and 39 weeks ended November 1, 2014, respectively, primarily reflect the recognition of deferred tax liabilities associated with indefinite-lived assets.