v2.4.0.6
Discontinued Operations (Tables)
9 Months Ended
Oct. 27, 2012
Discontinued Operations [Abstract]  
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block]
The following table shows the carrying amounts of the major classes of the assets and liabilities included in the disposal group as of October 27, 2012 (in thousands):
 
 
October 27, 2012
 
 
 
ASSETS
 
 
Cash and cash equivalents
 
$
641

Receivables, net
 
119,876

Merchandise inventories, net
 
52,039

Deferred income tax assets
 
3,749

Prepaid expenses and other current assets
 
3,919

Non-current assets
 
5,725

Total assets of discontinued operations
 
$
185,949

 
 
 
LIABILITIES
 
 
Accounts payable
 
$
75,501

Accrued expenses and other current liabilities
 
50,235

Debt maturing within one year
 
2,492

Other long-term obligations
 
15,683

Total liabilities of discontinued operations
 
$
143,911

The following table details PSD's results of operations during the third quarter and year-to-date periods in 2012 and 2011, which have been reported in discontinued operations (in thousands):
 
 
13 Weeks Ended
 
39 Weeks Ended

 
October 27, 2012
 
October 29, 2011
 
October 27, 2012
 
October 29, 2011
Sales
 
$
67,231

 
$
88,904

 
$
211,162

 
$
272,031

 
 
 
 
 
 
 
 
 
Restructuring charges
 
18,433

 

 
18,433

 

 
 
 
 
 
 
 
 
 
(Loss) income from discontinued operations, before income taxes
 
(23,404
)
 
3,923

 
(38,994
)
 
(5,398
)
Income tax expense (benefit)
 
4,155

 
1,313

 
(910
)
 
(1,903
)
(Loss) income from discontinued operations, net of income taxes
 
$
(27,559
)
 
$
2,610

 
$
(38,084
)
 
$
(3,495
)