v2.4.0.6
Acquisition Reserves
 12 Months Ended
Jan. 28, 2012
Acquisition Reserves [Abstract]  
Acquisition Reserves
Acquisition Reserves
In connection with the Company's acquisition of Corporate Express, acquisition reserves of $181.0 million were established. The activity related to this reserve (in thousands) for fiscal 2010 and 2011 is as follows:
 
 
Balance as of
January 30, 2010
 
Utilization
 
Foreign Exchange
Fluctuations
 
Balance as of
January 29, 2011
Transaction costs
 
$
807

 
$
(264
)
 
$
—

 
$
543

Severance
 
28,843

 
(16,206
)
 
(844
)
 
11,793

Facility closures
 
28,390

 
(7,973
)
 
(130
)
 
20,287

Other
 
10,759

 
(1,172
)
 
(243
)
 
9,344

Total
 
$
68,799

 
$
(25,615
)
 
$
(1,217
)
 
$
41,967

 
 
Balance as of
January 29, 2011
 
Utilization
 
Adjustments
 
Foreign Exchange Fluctuations
 
Balance as of
January 28, 2012
Transaction costs
 
$
543

 
$
(119
)
 
$
(424
)
 
$
—

 
$
—

Severance
 
11,793

 
(3,911
)
 
(5,231
)
 
(960
)
 
1,691

Facility closures
 
20,287

 
(3,898
)
 
(600
)
 
(28
)
 
15,761

Other
 
9,344

 
(699
)
 
(2,180
)
 
(125
)
 
6,340

Total
 
$
41,967

 
$
(8,627
)
 
$
(8,435
)
 
$
(1,113
)
 
$
23,792


The majority of the reserves have been substantially utilized by the end of fiscal year 2011, with the exception of certain payments related to facility closures that will be made over the remaining lease terms and certain other obligations related to the integration of the business.