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SALES OF INVESTMENT (Notes)
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12 Months Ended |
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Feb. 01, 2014
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| 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) expense, 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.
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- Details
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- Definition
The entire disclosure for investments in certain debt and equity securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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