ACCRUED EXPENSES

The balance sheet caption "Accrued expenses" was comprised of the following as of the periods presented:



	January 30, 2016		January 31, 2015

	(in thousands)
Gift cards and merchandise credits	$	43,446	$	40,313
Compensation	8,042		11,317
Taxes	17,004		16,798
Customer loyalty program	10,084		14,788
Other⁽¹⁾	29,224		29,964
Total accrued expenses	$	107,800	$	113,180

(1) Other is comprised of deferred revenue, guarantees, sales return allowance, stock appreciation rights (as of January 30, 2016), advertising expenses, professional fees, rent and other various accrued expenses.