FAIR VALUE OF FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS (Tables)

9 Months Ended

Aug. 02, 2015

Schedule of Fair Value Not Current Recognized on Balance sheet

The fair values of the remaining financial instruments not currently recognized at fair value on our consolidated balance sheets at the respective fiscal period ends were (in thousands):



	August 2, 2015				November 2, 2014
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Credit Agreement, due June 2019	$	204,147	$	203,637	$	235,387	$	230,091
8.25% senior notes, due January 2023	250,000		263,750		—		—

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

The following table summarizes information regarding our financial assets and liabilities that are measured at fair value on a recurring basis as of August 2, 2015, segregated by the level of the valuation inputs within the fair value hierarchy utilized to measure fair value (in thousands):



	Level 1		Level 2			Level 3		Total
Assets:
Short-term investments in deferred compensation plan⁽¹⁾:
Money market	$	562	$	—		$	—	$	562
Mutual funds – Growth	826		—			—		826
Mutual funds – Blend	3,003		—			—		3,003
Mutual funds – Foreign blend	760		—			—		760
Mutual funds – Fixed income	—		669			—		669
Total short-term investments in deferred compensation plan	5,151		669			—		5,820
Total assets	$	5,151	$	669		$	—	$	5,820
Liabilities:
Deferred compensation plan liability	$	—	$	(5,474	)	$	—	$	(5,474	)
Total liabilities	$	—	$	(5,474	)	$	—	$	(5,474	)


(1)	Unrealized holding losses for the three months ended August 2, 2015 and August 3, 2014 were insignificant and $(0.1) million, respectively. Unrealized holding gains for both the nine months ended August 2, 2015 and August 3, 2014 were $0.1 million. These unrealized holding gains (losses) are primarily offset by changes in the deferred compensation plan liability.

The following table summarizes information regarding our financial assets and liabilities that are measured at fair value on a recurring basis as of November 2, 2014, segregated by level of the valuation inputs within the fair value hierarchy utilized to measure fair value (in thousands):



	Level 1		Level 2			Level 3		Total
Assets:
Short-term investments in deferred compensation plan⁽¹⁾:
Money market	$	731	$	—		$	—	$	731
Mutual funds – Growth	791		—			—		791
Mutual funds – Blend	2,743		—			—		2,743
Mutual funds – Foreign blend	723		—			—		723
Mutual funds – Fixed income	—		561			—		561
Total short-term investments in deferred compensation plan	$	4,988	$	561		$	—	$	5,549
Total assets	$	4,988	$	561		$	—	$	5,549
Liabilities:
Deferred compensation plan liability	$	—	$	(6,093	)	$	—	$	(6,093	)
Total liabilities	$	—	$	(6,093	)	$	—	$	(6,093	)


(1)	The unrealized holding gain for the fiscal year ended November 2, 2014 was $0.2 million. This unrealized holding gain was primarily offset by changes in the deferred compensation plan liability.

Fair Value Measurements, Nonrecurring

The following table summarizes information regarding our financial assets that are measured at fair value on a nonrecurring basis as of August 2, 2015, segregated by level of the valuation inputs within the fair value hierarchy utilized to measure fair value (in thousands):



	Level 1		Level 2		Level 3		Total
Assets:
Assets held for sale⁽¹⁾	$	—	$	—	$	2,280	$	2,280
Total assets	$	—	$	—	$	2,280	$	2,280

(1)

Certain assets held for sale are valued at fair value and are measured at fair value on a nonrecurring basis. Assets held for sale are reported at fair value, if, on an individual basis, the fair value of the asset is less than cost. The fair value of assets held for sale is estimated using level 3 inputs, such as broker quotes for like-kind assets or other market indications of a potential selling value which approximates fair value.

The following table summarizes information regarding our financial assets that are measured at fair value on a nonrecurring basis as of November 2, 2014, segregated by level of the valuation inputs within the fair value hierarchy utilized to measure fair value (in thousands):



	Level 1		Level 2		Level 3		Total
Assets:
Assets held for sale⁽¹⁾	$	—	$	—	$	2,280	$	2,280
Total assets	$	—	$	—	$	2,280	$	2,280

(1)