Annual report pursuant to Section 13 and 15(d)

SALES OF INVESTMENT (Notes)

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SALES OF INVESTMENT (Notes)
 12 Months Ended
Feb. 02, 2013
Investments, Debt and Equity Securities [Abstract]  
Gain (Loss) on Investments [Table Text Block]
SALE OF INVESTMENT
On September 28, 2012, the Company sold its ownership interest in Ollie's Holdings, Inc., which it originally acquired in 2003. As a result of the sale, the Company recorded a pre-tax gain of $60.8 million in 2012 which is included in “Other income, net” on the accompanying Consolidated Statements of Operations. The gain, net of tax, was $38.1 million and increased earnings per diluted share for 2012 by $0.16.