99 Cents Only Stores Inactive 10-Q13 Jun 142015 Q1 Quarterly reportFinancial data

Company Profile

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
Document and Entity Information	2-May-14	Jun. 09, 2014
Entity Registrant Name	'99 CENTS ONLY STORES LLC	'
Entity Central Index Key	'0001011290	'
Document Type	'10-Q	'
Document Period End Date	2-May-14	'
Amendment Flag	'false	'
Current Fiscal Year End Date	'--01-30	'
Entity Current Reporting Status	'Yes	'
Entity Filer Category	'Non-accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	100
Document Fiscal Year Focus	'2015	'
Document Fiscal Period Focus	'Q1	'

CONSOLIDATED_BALANCE_SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	2-May-14	Jan. 31, 2014
In Thousands, unless otherwise specified	2-May-14	Jan. 31, 2014
Current Assets:	'	'
Cash	$34,125	$34,842
Accounts receivable, net of allowance for doubtful accounts of $90 and $107 at May 2, 2014 and January 31, 2014, respectively	1,745	1,793
Income taxes receivable	'	4,498
Deferred income taxes	46,953	46,953
Inventories, net	224,265	206,244
Assets held for sale	1,680	1,680
Other	17,056	18,190
Total current assets	325,824	314,200
Property and equipment, net	490,413	485,046
Deferred financing costs, net	17,758	18,526
Intangible assets, net	464,806	466,311
Goodwill	479,745	479,745
Deposits and other assets	7,181	6,406
Total assets	1,785,727	1,770,234
Current Liabilities:	'	'
Accounts payable	76,773	71,057
Payroll and payroll-related	22,724	24,461
Sales tax	6,469	5,522
Other accrued expenses	41,351	36,690
Workers' compensation	72,683	73,918
Current portion of long-term debt	6,138	6,138
Current portion of capital lease obligation	90	88
Total current liabilities	226,228	217,874
Long-term debt, net of current portion	848,033	849,252
Unfavorable lease commitments, net	10,830	11,718
Deferred rent	14,484	13,188
Deferred compensation liability	1,159	1,142
Capital lease obligation, net of current portion	174	197
Long-term deferred income taxes	171,624	171,573
Other liabilities	3,794	6,203
Total liabilities	1,276,326	1,271,147
Commitments and contingencies (Note 11)	'	'
Member's Equity:	'	'
Member units - 100 units issued and outstanding at May 2, 2014 and January 31, 2014	547,028	546,365
Investment in Number Holdings, Inc. preferred stock	-19,200	-19,200
Accumulated deficit	-17,112	-26,687
Other comprehensive loss	-1,315	-1,391
Total equity	509,401	499,087
Total liabilities and equity	$1,785,727	$1,770,234

CONSOLIDATED_BALANCE_SHEETS_Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	2-May-14	Jan. 31, 2014
In Thousands, except Share data, unless otherwise specified	2-May-14	Jan. 31, 2014
Accounts receivable, allowance for doubtful accounts (in dollars)	$90	$107
Member units, units issued	100	100
Member units, units outstanding	100	100

CONSOLIDATED_STATEMENTS_OF_COM

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (USD $)	3 Months Ended
In Thousands, unless otherwise specified	2-May-14	Apr. 27, 2013
Net Sales:	'	'
99 Only Stores	$465,269	$432,421
Bargain Wholesale	12,628	12,794
Total sales	477,897	445,215
Cost of sales	320,771	308,465
Gross profit	157,126	136,750
Selling, general and administrative expenses	125,782	124,222
Operating income	31,344	12,528
Other (income) expense:	'	'
Interest income	'	-54
Interest expense	15,429	15,036
Other	'	4
Total other expense, net	15,429	14,986
Income (loss) before provision for income taxes	15,915	-2,458
Provision (benefit) for income taxes	6,340	-3,355
Net income	9,575	897
Other comprehensive income (loss), net of tax:	'	'
Unrealized losses on interest rate cash flow hedge	-136	-143
Less: reclassification adjustment included in net income	212	'
Other comprehensive income (loss), net of tax	76	-143
Comprehensive income	$9,651	$754

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	3 Months Ended
In Thousands, unless otherwise specified	2-May-14	Apr. 27, 2013
Cash flows from operating activities:	'	'
Net income	$9,575	$897
Adjustments to reconcile net income to net cash provided by operating activities:	'	'
Depreciation	12,184	15,031
Amortization of deferred financing costs and accretion of OID	1,083	1,097
Amortization of intangible assets	447	443
Amortization of favorable/unfavorable leases, net	175	124
(Gain) loss on disposal of fixed assets	-7	208
(Gain) loss on interest rate hedge	282	-127
Long-lived assets impairment	'	515
Deferred income taxes	'	-27,252
Stock-based compensation	663	-54
Changes in assets and liabilities associated with operating activities:	'	'
Accounts receivable	48	-162
Inventories	-18,021	26,882
Deposits and other assets	464	-8,018
Accounts payable	7,397	3,065
Accrued expenses	3,871	-1,281
Accrued workers' compensation	-1,235	2,387
Income taxes	4,498	18,396
Deferred rent	1,296	528
Other long-term liabilities	-2,535	4,422
Net cash provided by operating activities	20,185	37,101
Cash flows from investing activities:	'	'
Purchases of property and equipment	-19,363	-16,274
Proceeds from sale of property and fixed assets	16	6
Net cash used in investing activities	-19,347	-16,268
Cash flows from financing activities:	'	'
Payment of debt	-1,534	-1,309
Payments of capital lease obligation	-21	-20
Net cash used in financing activities	-1,555	-1,329
Net (decrease) increase in cash	-717	19,504
Cash - beginning of period	34,842	45,053
Cash - end of period	34,125	64,557
Supplemental cash flow information:	'	'
Income taxes paid	628	5,500
Interest paid	7,638	7,045
Non-cash investing activities for purchases of property and equipment	$1,681	$1,347

Basis_of_Presentation_and_Summ

Basis of Presentation and Summary of Significant Accounting Policies	3 Months Ended
	2-May-14
Basis of Presentation and Summary of Significant Accounting Policies	'
Basis of Presentation and Summary of Significant Accounting Policies	'
	1. Basis of Presentation and Summary of Significant Accounting Policies

	Nature of Business

	The Company is organized under the laws of the State of California. Effective October 18, 2013, 99¢ Only Stores converted from a California corporation to a California limited liability company, 99 Cents Only Stores LLC, that is managed by its sole member, Number Holdings, Inc., a Delaware corporation (“Parent”). The term “Company” refers to 99¢ Only Stores and its consolidated subsidiaries prior to the Conversion (as described in Note 1 to the Transition Report on Form 10-K for the fiscal year ended January 31, 2014) and to 99 Cents Only Stores LLC and its consolidated subsidiaries at the time of or after the Conversion. The Company is an extreme value retailer of consumable and general merchandise and seasonal products. As of May 2, 2014, the Company operated 346 retail stores with 246 in California, 47 in Texas, 35 in Arizona, and 18 in Nevada. The Company is also a wholesale distributor of various products.

	Merger

	On January 13, 2012, the Company was acquired through a merger (the “Merger”) with a subsidiary of Number Holdings, Inc., a Delaware corporation with the Company surviving. In connection with the Merger, the Company became a subsidiary of Parent, which is controlled by affiliates of Ares Management, L.P. (“Ares”) and Canada Pension Plan Investment Board. As a result of the Merger, the Company’s common stock was delisted from the New York Stock Exchange and ceased to be publicly traded.

	Basis of Presentation

	The accompanying unaudited consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States (“GAAP”). However, certain information and footnote disclosures normally included in financial statements prepared in conformity with GAAP have been omitted or condensed pursuant to the rules and regulations of the Securities and Exchange Commission. These statements should be read in conjunction with the Company’s audited financial statements and notes thereto included in the Company’s Transition Report on Form 10-K for the fiscal year ended January 31, 2014. In the opinion of the Company’s management, these interim consolidated financial statements reflect all adjustments (consisting of normal recurring adjustments) necessary for a fair statement of the consolidated financial position and results of operations for each of the periods presented. The results of operations and cash flows for such periods are not necessarily indicative of results to be expected for the full fiscal year ending January 30, 2015 (“fiscal 2015”). (See below for discussion of the change in fiscal year end.)

	Change in Fiscal Year

	On December 16, 2013, the board of directors of the Company’s sole member, Parent, approved a resolution changing the end of the Company’s fiscal year. Prior to the change, the fiscal year of the Company ended on the Saturday closest to the last day of March. The Company’s new fiscal year end is the Friday closest to the last day of January, with each successive quarterly period ending the Friday closest to the last day of April, July, October or January, as applicable.

	Unless otherwise stated, references to years in this Quarterly Report on Form 10-Q relate to fiscal years rather than calendar years. The Company’s fiscal year 2015 (“fiscal 2015”) began on February 1, 2014 and will end on January 30, 2015 and will consist of 52 weeks. The Company’s fiscal year 2014 (“fiscal 2014”) began on March 31, 2013 and ended on January 31, 2014 and consisted of 44 weeks. The first quarter ended May 2, 2014 (“the first quarter of fiscal 2015”) was comprised of 91 days. As a result of the change in the Company’s fiscal year, the comparable interim prior year financial statements have been recast to conform to the new fiscal calendar. The recast first quarter ended April 27, 2013 (“the first quarter of fiscal 2014”) was comprised of 91 days.

	Change in Presentation of Financial Statements

	In the first quarter of fiscal 2015, the Company changed the presentation of its financial statements to include receiving, distribution, warehouse costs and transportation to and from stores in its cost of sales. Previously, these costs were included in selling, general and administrative expenses. Depreciation expense related to these costs, which was historically included in selling, general and administrative expense, is now included in cost of sales. Also, depreciation and amortization expense included in selling, general and administrative expense will no longer be presented separately. Reclassifications of $24.0 million from selling, general and administrative expense to cost of sales were made for the comparable first quarter of fiscal 2014 to conform to current year presentation. This change does not change previously reported operating income or net income.

	This change in presentation of financial statements was made in order to be in line with the Company’s peers in the retail industry.

	Use of Estimates

	The preparation of the unaudited consolidated financial statements, in conformity with GAAP, requires management to make estimates and assumptions. These estimates and assumptions affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

	Cash

	For purposes of reporting cash flows, cash includes cash on hand, cash at the stores and cash in financial institutions. The majority of payments due from financial institutions for the settlement of debit card and credit card transactions are processed within three business days and therefore are also classified as cash. Cash balances held at financial institutions are generally in excess of federally insured limits. These accounts are only insured by the Federal Deposit Insurance Corporation up to $250,000. The Company historically has not experienced any losses in such accounts. The Company places its temporary cash investments with what it believes to be high credit, quality financial institutions. Under the Company’s cash management system, checks issued but not presented to the bank may result in book cash overdraft balances for accounting purposes. The Company reclassifies book overdrafts to accounts payable, which are reflected as an operating activity in its unaudited consolidated statements of cash flows. Book overdrafts included in accounts payable were $17.6 million and $9.3 million as of May 2, 2014 and January 31, 2014, respectively.

	Allowance for Doubtful Accounts

	In connection with its wholesale business, the Company evaluates the collectability of accounts receivable based on a combination of factors. In cases where the Company is aware of circumstances that may impair a specific customer’s ability to meet its financial obligations subsequent to the original sale, the Company will record an allowance against amounts due and thereby reduce the net recognized receivable to the amount the Company reasonably believes will be collected. For all other customers and tenants, the Company recognizes allowances for doubtful accounts based on the length of time the receivables are past due, industry and geographic concentrations, the current business environment and the Company’s historical experiences.

	Inventories

	Inventories are valued at the lower of cost or market. Inventory cost is established using a methodology that approximates first in, first out, which for store inventories is based on a retail inventory method. Valuation allowances for shrinkage as well as excess and obsolete inventory are also recorded. Shrinkage is estimated as a percentage of sales for the period from the last physical inventory date to the end of the applicable period. Such estimates are based on experience and the most recent physical inventory results. Physical inventories are taken at each of the Company’s retail stores at least once a year by an outside inventory service company. The Company performs inventory cycle counts at its warehouses throughout the year. The Company also performs inventory reviews and analysis on a quarterly basis for both warehouse and store inventory to determine inventory valuation allowances for excess and obsolete inventory. The valuation allowances for excess and obsolete inventory are based on the age of the inventory, sales trends and future merchandising plans. The valuation allowances for excess and obsolete inventory in many locations (including various warehouses, store backrooms, and sales floors of its stores), require management judgment and estimates that may impact the ending inventory valuation and valuation allowances that may affect the reported gross margin for the period.

	In the first quarter of fiscal 2014, the Company revised its inventory merchandising and liquidation philosophies to significantly reduce and liquidate slow moving inventories prospectively as directed by the then current management team. As a result of this change, the Company recorded a charge to cost of sales and a corresponding reduction in inventory of approximately $9.1 million in the first quarter of fiscal 2014. This is a prospective change and did not have an effect on prior periods.

	In order to obtain inventory at attractive prices, the Company takes advantage of large volume purchases, closeouts and other similar purchases. As such, the Company’s inventory fluctuates from period to period and the inventory balances vary based on the timing and availability of such opportunities.

	Property and Equipment

	Property and equipment are carried at cost and are depreciated or amortized on a straight-line basis over the following useful lives:

	Owned buildings and improvements	Lesser of 30 years or the estimated useful life of the improvement
	Leasehold improvements	Lesser of the estimated useful life of the improvement or remaining lease term
	Fixtures and equipment	3-5 years
	Transportation equipment	3-5 years
	Information technology systems	For major corporate systems, estimated useful life up to 7 years; for functional stand alone systems, estimated useful life up to 5 years

	The Company’s policy is to capitalize expenditures that materially increase asset lives and expense ordinary repairs and maintenance as incurred.

	Long-Lived Assets

	The Company assesses the impairment of long-lived assets quarterly or when events or changes in circumstances indicate that the carrying value may not be recoverable. Recoverability is measured by comparing the carrying amount of an asset to expected future net cash flows generated by the asset. If the carrying amount of an asset exceeds its estimated undiscounted future cash flows, the carrying amount is compared to its fair value and an impairment charge is recognized to the extent of the difference. Factors that the Company considers important that could individually or in combination trigger an impairment review include the following: (1) significant underperformance relative to expected historical or projected future operating results; (2) significant changes in the manner of the Company’s use of the acquired assets or the strategy for the Company’s overall business; and (3) significant changes in the Company’s business strategies and/or negative industry or economic trends. On a quarterly basis, the Company assesses whether events or changes in circumstances occur that potentially indicate that the carrying value of long-lived assets may not be recoverable (Level 3 measurement, see Note 7, “Fair Value of Financial Instruments”). Considerable management judgment is necessary to estimate projected future operating cash flows. Accordingly, if actual results fall short of such estimates, significant future impairments could result. During the first quarter of fiscal 2015, the Company did not record any asset impairment charges. During the first quarter of fiscal 2014, the Company wrote down the carrying value of a held for sale property to estimated net realizable value, net of expected disposal costs, and accordingly recorded an asset impairment charge of $0.5 million.

	Purchase Accounting

The Company’s assets and liabilities have been recorded at their estimated fair values as of the date of the Merger. The aggregate purchase price was allocated to the tangible and intangible assets acquired and liabilities assumed, based upon an assessment of their relative fair value as of the date of the Merger. These estimates of fair values, the allocation of the purchase price and other factors related to the accounting for the Merger are subject to significant judgments and the use of estimates.

Goodwill and Other Intangible Assets

In connection with the Merger purchase price allocation, the fair values of long-lived and intangible assets were determined based upon assumptions related to the future cash flows, discount rates and asset lives using then available information, and in some cases were obtained from independent professional valuation experts. The Company amortizes intangible assets over their estimated useful lives unless such lives are deemed indefinite.

Goodwill and indefinite-lived intangible assets are not amortized but instead tested annually for impairment or more frequently when events or changes in circumstances indicate that the assets might be impaired. Goodwill is tested for impairment by comparing the carrying amount of the reporting unit to the fair value of the reporting unit to which the goodwill is assigned. The Company has the option of performing a qualitative assessment before calculating the fair value of the reporting unit (i.e., step one of the goodwill impairment test). If the Company does not perform a qualitative assessment, or determines, on the basis of qualitative factors, that the fair value of the reporting unit is more likely than not less than the carrying amount, the two-step impairment test would be required. The first step is to compare the fair value of the reporting unit with its carrying amount, including goodwill. If the fair value of the reporting unit exceeds its carrying amount, goodwill is considered not impaired; otherwise, goodwill is impaired and the loss is measured by performing step two. Under step two, the impairment loss is measured by comparing the implied fair value of the reporting unit’s goodwill with the carrying amount of goodwill. Management has determined that the Company has two reporting units, the wholesale reporting unit and the retail reporting unit.

The Company performs the annual test for impairment in the fourth quarter of the fiscal year and determines fair value based on a combination of the income approach and the market approach. The income approach is based on discounted cash flows to determine fair value. The market approach uses a selection of comparable companies and transactions in determining fair value. The fair value of the trade name is also tested for impairment in the fourth quarter by comparing the carrying value to the fair value. Fair value of a trade name is determined using a relief from royalty method under the income approach, which uses projected revenue allocable to the trade name and an assumed royalty rate (Level 3 measurement, see Note 7, “Fair Value of Financial Instruments”).

Amortizable intangible assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset or asset group may not be recoverable based on undiscounted cash flows, and, if impaired, written down to fair value based on either discounted cash flows or appraised values. Significant judgment is required in determining whether a potential indicator of impairment of long-lived assets exists and in estimating future cash flows used in the impairment tests (Level 3 measurement, see Note 7, “Fair Value of Financial Instruments”).

During each of the first quarter of fiscal 2015 and 2014, the Company did not record any impairment charges related to goodwill or other intangible assets.

Derivatives

The Company accounts for derivative financial instruments in accordance with authoritative guidance for derivative instrument and hedging activities. All financial instrument positions taken by the Company are intended to be used to manage risks associated with interest rate exposures.

The Company’s derivative financial instruments are recorded on the balance sheet at fair value, and are recorded in either current or noncurrent assets or liabilities based on their maturity. Changes in the fair values of derivatives are recorded in net earnings or other comprehensive income (“OCI”), based on whether the instrument is designated and effective as a hedge transaction and, if so, the type of hedge transaction. Gains or losses on derivative instruments reported in accumulated other comprehensive income (“AOCI”) are reclassified to earnings in the period the hedged item affects earnings. Any ineffectiveness is recognized in earnings in the period incurred.

Income Taxes

The Company uses the liability method of accounting for income taxes. Under the liability method, deferred tax assets and liabilities are recognized using enacted tax rates for the effect of temporary differences between the book and tax bases of recorded assets and liabilities. Deferred tax assets are reduced by a valuation allowance if it is more likely than not that some portion or all of the net deferred tax assets will not be realized. The Company’s ability to realize deferred tax assets is assessed throughout the year and a valuation allowance is established accordingly. The Company recognizes the impact of a tax position only if it is more likely than not to be sustained upon examination based on the technical merits of the position. The Company recognizes potential interest and penalties related to uncertain tax positions in income tax expense.

Stock-Based Compensation

The Company accounts for stock-based payment awards based on their fair value. The value of the portion of the award that is ultimately expected to vest is recognized as an expense ratably over the requisite service periods. For awards classified as equity, the Company estimates the fair value for each option award as of the date of grant using the Black-Scholes option pricing model or other appropriate valuation models. The Black-Scholes model considers, among other factors, the expected life of the award and the expected volatility of the stock price. Stock options are generally granted to employees at exercise prices equal to the fair market value of the stock at the dates of grant. Former executive put rights were classified as equity awards and revalued using a binomial model at each reporting period with changes in the fair value recognized as stock-based compensation expense. The fair value of the options granted to the Company’s Chief Executive Officer that will vest based on the Company’s and Parent’s achievement of certain performance hurdles were valued using a Monte Carlo simulation method. Refer to Note 8, “Stock-Based Compensation Plans” for further discussion of stock-based compensation.

Revenue Recognition

The Company recognizes retail sales in its retail stores at the time the customer takes possession of merchandise. All sales are net of discounts and returns and exclude sales tax. Wholesale sales are recognized in accordance with the shipping terms agreed upon on the purchase order. Wholesale sales are typically recognized free on board origin, where title and risk of loss pass to the buyer when the merchandise leaves the Company’s distribution facility.

The Company has a gift card program. The Company does not charge administrative fees on gift cards and the Company’s gift cards do not have expiration dates. The Company records the sale of gift cards as a current liability and recognizes a sale when a customer redeems a gift card. The liability for outstanding gift cards is recorded in accrued expenses. The Company has not recorded any breakage income related to its gift card program.

Cost of Sales

Cost of sales includes the cost of inventory, freight in, obsolescence, spoilage, scrap and inventory shrinkage, and is net of discounts and allowances. Cost of sales also includes receiving, warehouse costs and distribution costs (payroll and associated costs, occupancy, transportation to and from stores and depreciation expense). Cash discounts for satisfying early payment terms are recognized when payment is made, and allowances and rebates based upon milestone achievements such as reaching a certain volume of purchases of a vendor’s products are included as a reduction of cost of sales when such contractual milestones are reached. In addition, the Company analyzes its inventory levels and the related cash discounts received to arrive at a value for cash discounts to be included in the inventory balance.

Selling, General and Administrative Expenses

Selling, general and administrative expenses include the costs of selling merchandise in stores (payroll and associated costs, occupancy and other store-level costs) and corporate costs (payroll and associated costs, occupancy, advertising, professional fees and other corporate administrative costs). Selling, general and administrative expenses also include depreciation and amortization expense relating to these costs.

Leases

The Company follows the policy of capitalizing allowable expenditures that relate to the acquisition and signing of its retail store leases. These costs are amortized on a straight-line basis over the applicable lease term.

The Company recognizes rent expense for operating leases on a straight-line basis (including the effect of reduced or free rent and rent escalations) over the applicable lease term. The difference between the cash paid to the landlord and the amount recognized as rent expense on a straight-line basis is included in deferred rent. Cash reimbursements received from landlords for leasehold improvements and other cash payments received from landlords as lease incentives are recorded as deferred rent. Deferred rent related to landlord incentives is amortized as an offset to rent expense using the straight-line method over the applicable lease term.

For store closures where a lease obligation still exists, the Company records the estimated future liability associated with the rental obligation on the cease use date (when the store is closed). Liabilities are established at the cease use date for the present value of any remaining operating lease obligations, net of estimated sublease income, and at the communication date for severance and other exit costs. Key assumptions in calculating the liability include the timeframe expected to terminate lease agreements, estimates related to the sublease potential of closed locations, and estimates of other related exit costs. If actual timing and potential termination costs or realization of sublease income differ from the Company’s estimates, the resulting liabilities could vary from recorded amounts. These liabilities are reviewed periodically and adjusted when necessary.

Self-Insured Workers’ Compensation Liability

The Company self-insures for workers’ compensation claims in California and Texas. The Company establishes a liability for losses from both estimated known and incurred but not reported insurance claims based on reported claims and actuarial valuations of estimated future costs of known and incurred but not yet reported claims. Should an amount of claims greater than anticipated occur, the liability recorded may not be sufficient and additional workers’ compensation costs, which may be significant, could be incurred. The Company has not discounted the projected future cash outlays for the time value of money for claims and claim-related costs when establishing its workers’ compensation liability in its financial reports for May 2, 2014 and January 31, 2014.

Self-Insured Health Insurance Liability

The Company self-insures for a portion of its employee medical benefit claims. The liability for the self-funded portion of the Company health insurance program is determined actuarially, based on claims filed and an estimate of claims incurred but not yet reported. The Company maintains stop loss insurance coverage to limit its exposure for the self-funded portion of its health insurance program.

Pre-Opening Costs

The Company expenses, as incurred, pre-opening costs such as payroll, rent and marketing related to the opening of new retail stores.

Advertising

The Company expenses advertising costs as incurred. Advertising expenses were $0.5 million and $1.3 million for the first quarter of fiscal 2015 and 2014, respectively.

Fair Value of Financial Instruments

The Company’s financial instruments consist principally of cash, accounts receivable, interest rate derivatives, accounts payable, accruals, debt, and other liabilities. Cash and interest rate derivatives are measured and recorded at fair value. Accounts receivable and other receivables are financial assets with carrying values that approximate fair value. Accounts payable and other accrued expenses are financial liabilities with carrying values that approximate fair value. Refer to Note 7, “Fair Value of Financial Instruments” for further discussion of the fair value of debt.

The Company uses the authoritative guidance for fair value, which includes the definition of fair value, the framework for measuring fair value, and disclosures about fair value measurements. Fair value is an exit price, representing the amount that would be received from the sale of an asset or paid to transfer a liability in an orderly transaction between market participants. Fair value measurements reflect the assumptions market participants would use in pricing an asset or liability based on the best information available. Assumptions include the risks inherent in a particular valuation technique (such as a pricing model) and/or the risks inherent in the inputs to the model.

Comprehensive Income

OCI includes unrealized gains or losses on interest rate derivatives designated as cash flow hedges.

Goodwill_and_Other_Intangibles

Goodwill and Other Intangibles	3 Months Ended
	2-May-14
Goodwill and Other Intangibles	'
Goodwill and Other Intangibles	'
	2. Goodwill and Other Intangibles

	The following tables set forth the value of the goodwill and other intangible assets and liabilities, and unfavorable leases, respectively (in thousands):

		May 2, 2014								January 31, 2014
		Remaining	Gross		Accumulated			Net		Remaining	Gross		Accumulated			Net
		Amortization	Carrying		Amortization			Carrying		Amortization	Carrying		Amortization			Carrying
		Life	Amount					Amount		Life	Amount					Amount
		(Years)								(Years)
	Indefinite lived intangible assets:
	Goodwill		$	479,745	$	—		$	479,745		$	479,745	$	—		$	479,745
	Trade name		410,000		—			410,000			410,000		—			410,000
	Total indefinite lived intangible assets		$	889,745	$	—		$	889,745		$	889,745	$	—		$	889,745
	Finite lived intangible assets:
	Trademarks	18	$	2,000	$	(231	)	$	1,769	18	$	2,000	$	(206	)	$	1,794
	Bargain Wholesale customer relationships	10	20,000		(3,846		)	16,154		10	20,000		(3,429		)	16,571
	Favorable leases	1 to 15	46,723		(9,840		)	36,883		1 to 15	46,723		(8,777		)	37,946
	Total finite lived intangible assets		68,723		(13,917		)	54,806			68,723		(12,412		)	56,311
	Total goodwill and other intangible assets		$	958,468	$	(13,917	)	$	944,551		$	958,468	$	(12,412	)	$	946,056

		May 2, 2014								January 31, 2014
		Remaining	Gross		Accumulated			Net		Remaining	Gross		Accumulated			Net
		Amortization	Carrying		Amortization			Carrying		Amortization	Carrying		Amortization			Carrying
		Life	Amount					Amount		Life	Amount					Amount
		(Years)								(Years)

	Unfavorable leases	1 to 16	$	19,835	$	(9,005	)	$	10,830	1 to 16	$	19,835	$	(8,117	)	$	11,718

Property_and_Equipment_net

Property and Equipment, net	3 Months Ended
	2-May-14
Property and Equipment, net	'
Property and Equipment, net	'
	3. Property and Equipment, net

	The following table provides details of property and equipment (in thousands):

		May 2,			January 31,
		2014			2014
	Land	$	160,446		$	160,446
	Buildings	90,466			90,466
	Buildings improvements	68,066			66,911
	Leasehold improvements	140,858			138,392
	Fixtures and equipment	100,584			93,840
	Transportation equipment	11,836			11,469
	Construction in progress	47,078			42,053
	Total property and equipment	619,334			603,577
	Less: accumulated depreciation and amortization	(128,921		)	(118,531		)
	Property and equipment, net	$	490,413		$	485,046

Comprehensive_Income

Comprehensive Income	3 Months Ended
	2-May-14
Comprehensive Income	'
Comprehensive Income	'
	4. Comprehensive Income

	The following table sets forth the calculation of comprehensive (loss) income, net of tax effects (in thousands):

		For the First Quarter Ended
		May 2,			April 27,
		2014			2013

	Net income	$	9,575		$	897
	Unrealized losses on interest rate cash flow hedge, net of tax effects of $ (91) and $(95) for the first quarter of fiscal 2015 and 2014, respectively	(136		)	(143		)
	Reclassification adjustment, net of tax effects of $142 and $0 for the first quarter of fiscal 2015 and 2014, respectively	212			—
	Total unrealized gains (losses), net	76			(143		)
	Total comprehensive income	$	9,651		$	754

	Amounts in accumulated other comprehensive loss as of May 2, 2014 and January 31, 2014 consisted of unrealized losses on interest rate cash flow hedges. Reclassifications out of AOCI in the first quarter of fiscal 2015 are presented in Note 6.

Debt

Debt	3 Months Ended
	2-May-14
Debt	'
Debt	'
	5. Debt

	Short and long-term debt consists of the following (in thousands):

			May 2,			January 31,
			2014			2014

	ABL Facility agreement, maturing January 13, 2017, with available borrowing up to $175,000, interest due quarterly, with unpaid principal and accrued interest due January 13, 2017		$	—		$	—
	First Lien Term Loan Facility agreement, maturing on January 13, 2019, payable in quarterly installments of $1,535, plus interest through December 31, 2019, with unpaid principal and accrued interest due January 13, 2019, net of unamortized OID of $6,571 and $6,886 as of May 2, 2014 and January 31, 2014, respectively		604,171			605,390
	Senior Notes (unsecured) maturing December 15, 2019, unpaid principal and accrued interest due on December 15, 2019		250,000			250,000
	Total long-term debt		854,171			855,390
	Less: current portion of long-term debt		6,138			6,138
	Long-term debt, net of current portion		$	848,033		$	849,252

	As of May 2, 2014 and January 31, 2014, the net deferred financing costs are as follows (in thousands):

	Deferred financing costs		May 2,			January 31,
			2014			2014

	ABL Facility		$	1,658		$	1,812
	First Lien Term Loan Facility		6,745			7,069
	Senior Notes		9,355			9,645
	Total deferred financing costs, net		$	17,758		$	18,526

	On January 13, 2012, in connection with the Merger, the Company obtained Credit Facilities (as defined below) provided by a syndicate of lenders arranged by Royal Bank of Canada as administrative agent, as well as other agents and lenders that are parties to these Credit Facilities. The Credit Facilities initially included (a) $175 million in commitments under the first lien based revolving credit facility (as amended, “ABL Facility”), and (b) $525 million in aggregate principal amount under the first lien term loan facility (as amended, “First Lien Term Loan Facility” and together with the ABL Facility, the “Credit Facilities”).

	First Lien Term Loan Facility

	The First Lien Term Loan Facility initially provided for $525 million of borrowings (which could be increased by up to $150.0 million in certain circumstances). All obligations under the First Lien Term Loan Facility are guaranteed by Parent and the Company’s direct or indirect 100% owned subsidiaries (collectively, the “Credit Facilities Guarantors”), except for immaterial subsidiaries. In addition, the First Lien Term Loan Facility is secured by pledges of certain of the Company’s equity interests and the equity interests of the Credit Facilities Guarantors.

	The Company was required to make scheduled quarterly payments each equal to 0.25% of the original principal amount of the term loan (approximately $1.3 million), with the balance due on the maturity date, January 13, 2019. Borrowings under the First Lien Term Loan Facility bore interest at an annual rate equal to an applicable margin plus, at the Company’s option, (A) a base rate (the “Base Rate”) determined by reference to the highest of (a) the interest rate in effect determined by the administrative agent as “Prime Rate” (3.25% as of May 2, 2014), (b) the federal funds effective rate plus 0.50% and (c) an adjusted Eurocurrency rate for one month (determined by reference to the greater of the Eurocurrency rate for the interest period multiplied by the Statutory Reserve Rate or 1.50% per annum) plus 1.00%, or (B) an Adjusted Eurocurrency Rate.

	On April 4, 2012, the Company amended the terms of the existing seven-year $525 million First Lien Term Loan Facility, and incurred refinancing costs of $11.2 million. The amendment, among other things, decreased the applicable margin from the London Interbank Offered Rate (“LIBOR”) plus 5.50% (or Base Rate plus 4.50%) to LIBOR plus 4.00% (or Base Rate plus 3.00%) and decreased the LIBOR floor from 1.50% to 1.25%. The maximum capital expenditures covenant in the First Lien Term Loan Facility was also amended to permit an additional $5 million in capital expenditures each year throughout the term of the First Lien Term Loan Facility.

	The Company determined that a portion of the refinancing transaction should be accounted for as debt extinguishment. In the first quarter of fiscal 2013 ended June 30, 2012, in accordance with applicable guidance for debt modification and extinguishment, the Company recognized a $16.3 million loss on debt extinguishment related to a portion of the unamortized debt issuance costs, unamortized original issue discount (“OID”) and refinancing costs incurred in connection with the amendment for the portion of the First Lien Term Loan Facility that was extinguished. The Company recorded $0.3 million as deferred debt issuance costs and $5.9 million as OID in connection with the amendment.

	On October 8, 2013, the Company completed a repricing of its First Lien Term Loan Facility, borrowed $100 million of incremental term loans and amended certain other provisions thereof. The amendment decreased the interest rate applicable to the term loans from LIBOR plus 4.00% (or Base Rate plus 3.00%) to LIBOR plus 3.50% (or Base Rate plus 2.50%) and decreased the LIBOR floor from 1.25% to 1.00%. Under the amendment, the incremental term loans have the same interest rate as the other term loans. The Company will continue to be required to make scheduled quarterly payments each equal to 0.25% of the amended principal amount of the term loan (approximately $1.5 million). The maturity date of January 13, 2019 of the First Lien Term Loan Facility was not affected by the amendment.

	The Company determined that a portion of the repricing transaction should be accounted for as debt extinguishment. In the third quarter of fiscal 2014, in accordance with applicable guidance for debt modification and extinguishment, the Company recognized a loss on debt extinguishment of approximately $4.4 million related to a portion of the unamortized debt issuance costs, unamortized OID and repricing costs incurred in connection with the amendment for the portion of the First Lien Term Loan Facility that was extinguished. The Company recorded $1.6 million as deferred debt issuance costs in connection with the amendment.

	In addition, the amendment to the First Lien Term Loan Facility (a) amended certain restricted payment provisions to permit the Gold-Schiffer Purchase (see Note 9 for more information on the Gold-Schiffer Purchase), (b) removed the maximum capital expenditures covenant, c) modified the existing provision restricting the Company’s ability to make dividend and other payments so that from and after March 31, 2013 the permitted payment amount represents the sum of (i) a calculation based on 50% of Consolidated Net Income (as defined in the First Lien Term Loan Facility agreement), if positive, or a deficit of 100% of Consolidated Net Income, if negative, and (ii) $20 million, and (d) permitted proceeds of any sale leasebacks of any assets acquired after January 13, 2012, to be reinvested in the Company’s business without restriction.

	As of May 2, 2014, the interest rate charged on the First Lien Term Loan Facility was 4.50% (1.00% Eurocurrency rate, plus the Eurocurrency loan margin of 3.50%). As of May 2, 2014, the amount outstanding under the First Lien Term Loan Facility was $604.2 million.

	Following the end of each fiscal year, the Company is required to prepay the First Lien Term Loan Facility in an amount equal to 50% of Excess Cash Flow (as defined in the First Lien Term Loan Facility agreement and with stepdowns to 25% and 0% based on achievement of specified total leverage ratios), minus the amount of certain voluntary prepayments of the First Lien Term Loan Facility and/or the ABL Facility during such fiscal year. The Excess Cash Flow required payment for fiscal 2013 was $3.3 million and was made in July 2013. There was no Excess Cash Flow payment required for fiscal 2014.

	The First Lien Term Loan Facility includes restrictions on the Company’s ability and the ability of Parent, 99 Cents Texas and certain future subsidiaries of the Company to incur or guarantee additional indebtedness, pay dividends on, or redeem or repurchase the Company’s capital stock, make certain acquisitions or investments, materially change the Company’s business, incur or permit to exist certain liens, enter into transactions with affiliates or sell its assets to and make capital expenditures or merge or consolidate with or into, another company. As of May 2, 2014, the Company was in compliance with the terms of the First Lien Term Loan Facility.

	During the first quarter of fiscal 2013, the Company entered into an interest rate swap agreement to limit the variability of cash flows associated with interest payments on the First Lien Term Loan Facility that result from fluctuations in the LIBOR rate. The swap limits the Company’s interest exposure on a notional value of $261.8 million to 1.36% plus an applicable margin of 3.50%. The term of the swap is from November 29, 2013 through May 31, 2016. The fair value of the swap on the trade date was zero as the Company neither paid nor received any value to enter into the swap, which was entered into at market rates. The fair value of the swap at May 2, 2014 was a liability of $2.7 million. See Note 6, “Derivative Financial Instruments” for more information on the Company’s interest rate swap agreement.

	ABL Facility

	The ABL Facility provides for up to $175.0 million of borrowings (which may be increased by up to $50.0 million in certain circumstances), subject to certain borrowing base limitations. All obligations under the ABL Facility are guaranteed by Parent and the other Credit Facilities Guarantors. The ABL Facility is secured by substantially all of the Company’s assets and the assets of the Credit Facilities Guarantors.

	Borrowings under the ABL Facility bear interest for an initial period until June 30, 2012 at an applicable margin plus, at the Company’s option, a fluctuating rate equal to (A) the highest of (a) Federal Funds Rate plus 0.50%, (b) rate of interest in effect determined by the administrative agent as “Prime Rate” (3.25% at the date of the Merger), and (c) Adjusted Eurocurrency Rate (determined to be the LIBOR rate multiplied by the Statutory Reserve Rate) for an interest period of one (1) month plus 1.00% or (B) the Adjusted Eurocurrency Rate. The interest rate charged on borrowings under the ABL Facility from the date of the Merger until June 30, 2012 was 4.25% (the base rate (Prime Rate at 3.25%) plus the applicable margin of 1.00%). Thereafter, borrowings under the ABL Facility will have variable pricing and will be based, at the Company’s option, on (a) LIBOR plus an applicable margin to be determined (1.75% as of May 2, 2014) or (b) the determined base rate (Prime Rate) plus an applicable margin to be determined (0.75% at May 2, 2014), in each case based on a pricing grid depending on average daily excess availability for the most recently ended quarter.

	In addition to paying interest on outstanding principal under the Credit Facilities, the Company was required to pay a commitment fee to the lenders under the ABL Facility on unused commitments at a rate of 0.375% for the period from the date of the Merger until June 30, 2012. Thereafter, the commitment fee will be adjusted at the beginning of each quarter based upon the average historical excess availability of the prior quarter (0.50% for the quarter ended May 2, 2014). The Company must also pay customary letter of credit fees and agency fees.

	As of May 2, 2014 and January 31, 2014, the Company had no outstanding borrowings under the ABL Facility, outstanding letters of credit were $1.0 million, and availability under the ABL Facility subject to the borrowing base, was $150.3 million as of May 2, 2014.

	The ABL Facility includes restrictions on the Company’s ability, and the ability of the Parent and certain of the Company’s subsidiaries to, incur or guarantee additional indebtedness, pay dividends on, or redeem or repurchase, its capital stock, make certain acquisitions or investments, materially change its business, incur or permit to exist certain liens, enter into transactions with affiliates or sell our assets to, make capital expenditures or merge or consolidate with or into, another company. The ABL Facility was amended on April 4, 2012 to permit an additional $5 million in capital expenditures for each year during the term of the ABL Facility. The ABL Facility was further amended on October 8, 2013 to a) remove the maximum capital expenditures covenant and (b) modify the provision restricting the Company’s ability to make dividend and other payments. Such payments are subject to achievement of (i) Excess Availability (as defined in the ABL Facility agreement) that is at least the greater of (A) 15% of Maximum Credit (as defined in the ABL Facility agreement) and (B) $20 million and (ii) (A) a ratio of EBITDA (as defined in the ABL Facility) to fixed charges of at least 1.0x or (B) Excess Availability that is at least the greater of 25% of Maximum Credit (as defined in the ABL Facility) and $40 million.

	As of May 2, 2014, the Company was in compliance with the terms of the ABL Facility.

Senior Notes

On December 29, 2011, the Company issued $250 million aggregate principal amount of 11% Senior Notes that mature on December 15, 2019 (the “Senior Notes”). The Senior Notes are guaranteed by the subsidiaries (the “Senior Notes Guarantors”) that guarantee the Credit Facilities.

In connection with the issuance of the Senior Notes, the Company entered into a registration rights agreement that required the Company to file an exchange offer registration statement, enabling holders to exchange the Senior Notes for registered notes with terms identical in all material respects to the terms of the Senior Notes, except the registered notes would be freely tradable. The exchange offer was closed on November 7, 2012.

Pursuant to the terms of the indenture governing the Senior Notes (the “Indenture”), the Company may redeem all or a part of the Senior Notes at certain redemption prices applicable based on the date of redemption.

The Senior Notes are (i) equal in right of payment with all of the Company’s and the Senior Notes Guarantor’s existing and future senior indebtedness; (ii) effectively junior to the Company’s and the Senior Notes Guarantor’s existing and future secured indebtedness, to the extent of the value of the interest of the holders of that secured indebtedness in the assets securing such indebtedness; (iii) unconditionally guaranteed on a senior unsecured unsubordinated basis by the Senior Notes Guarantor; and (iv) junior to the indebtedness or other liabilities of the Company’s subsidiaries that are not guarantors. The Company is not required to make any mandatory redemptions or sinking fund payments, and may at any time or from time to time purchase notes in the open market.

The Indenture contains covenants that, among other things, limit the Company’s ability and the ability of certain of its subsidiaries to incur or guarantee additional indebtedness, create or incur certain liens, pay dividends or make other restricted payments, incur restrictions on the payment of dividends or other distributions from its restricted subsidiaries, make certain investments, transfer or sell assets, engage in transactions with affiliates, or merge or consolidate with other companies or transfer all or substantially all of its assets.

As of May 2, 2014 the Company was in compliance with the terms of the Indenture.

The significant components of interest expense are as follows (in thousands):

		For the First Quarter Ended
		May 2,			April 27,
		2014			2013

First lien term loan facility		$	7,242		$	6,761
ABL facility		224			221
Senior notes		6,875			6,951
Amortization of deferred financing costs and OID		1,083			1,096
Other interest expense		5			7
Interest expense		$	15,429		$	15,036

Derivative_Financial_Instrumen

Derivative Financial Instruments	3 Months Ended
	2-May-14
Derivative Financial Instruments	'
Derivative Financial Instruments	'
	6. Derivative Financial Instruments

	The Company entered into derivative instruments for risk management purposes and uses these derivatives to manage exposure to fluctuation in interest rates.

	Interest Rate Swap

	In May 2012, the Company entered into a floating-to-fixed interest rate swap agreement for an initial aggregate notional amount of $261.8 million to limit exposure to interest rate increases related to a portion of the Company’s floating rate indebtedness once the Company’s interest rate cap agreement expires. The swap agreement, effective November 2013, hedges a portion of contractual floating rate interest commitments through the expiration of the agreements in May 2016. As a result of the agreement, the Company’s effective fixed interest rate on the notional amount of floating rate indebtedness will be 1.36% plus an applicable margin of 3.50%.

	The Company designated the interest rate swap agreement as a cash flow hedge. The interest rate swap agreement is highly correlated to the changes in interest rates to which the Company is exposed. Unrealized gains and losses on the interest rate swap are designated as effective or ineffective. The effective portion of such gains or losses is recorded as a component of AOCI or loss, while the ineffective portion of such gains or losses is recorded as a component of interest expense. Future realized gains and losses in connection with each required interest payment will be reclassified from AOCI or loss to interest expense.

	Fair Value

	The fair value of the interest rate swap agreement is estimated using industry standard valuation models using market-based observable inputs, including interest rate curves (Level 2, as defined in Note 7).

	A summary of the recorded amounts included in the consolidated balance sheets is as follows (in thousands):

		May 2,			January 31,
		2014			2014

	Derivatives designated as cash flow hedging instruments
	Interest rate swap (included in other current liabilities)	$	1,612		$	1,607
	Interest rate swap (included in other liabilities)	$	1,093		$	1,346
	Accumulated other comprehensive loss, net of tax (included in member’s equity)	$	1,315		$	1,391

	A summary of recorded amounts included in the unaudited consolidated statements of comprehensive income (loss) is as follows (in thousands):

		For the First Quarter Ended
		May 2,			April 27,
		2014			2013

	Derivatives designated as cash flow hedging instruments:
	Loss related to effective portion of derivative recognized in OCI	$	136		$	143
	Loss related to effective portion of derivatives reclassified from AOCI to interest expense	$	212		$	—
	Gain related to ineffective portion of derivative recognized in interest expense	$	(72	)	$	(130	)

Fair_Value_of_Financial_Instru

Fair Value of Financial Instruments	3 Months Ended
	2-May-14
Fair Value of Financial Instruments	'
Fair Value of Financial Instruments	'
	7. Fair Value of Financial Instruments

	The Company complies with authoritative guidance for fair value measurement and disclosures which establish a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are described below:

	Level 1: Defined as observable inputs such as quoted prices in active markets for identical assets or liabilities.

	Level 2: Defined as observable inputs other than Level 1 prices. These include quoted prices for similar assets or liabilities in an active market, quoted prices for identical assets and liabilities in markets that are not active, or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities.

	Level 3: Defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions.

	The Company uses the best available information in measuring fair value. The following table summarizes, by level within the fair value hierarchy, the financial assets and liabilities recorded at fair value on a recurring basis (in thousands):

		May 2, 2014
		Total		Level 1		Level 2		Level 3
	ASSETS
	Other assets — assets that fund deferred compensation	$	1,159	$	1,159	$	—	$	—
	LIABILITES
	Other current liabilities — interest rate swap	$	1,612	$	—	$	1,612	$	—
	Other long-term liabilities — interest rate swap	$	1,093	$	—	$	1,093	$	—
	Other long-term liabilities — deferred compensation	$	1,159	$	1,159	$	—	$	—

	Level 1 measurements include $1.2 million of deferred compensation assets that fund the liabilities related to the Company’s deferred compensation, including investments in trust funds. The fair values of these funds are based on quoted market prices in an active market.

	Level 2 measurements include interest rate swap agreement estimated using industry standard valuation models using market-based observable inputs, including interest rate curves.

	There were no Level 3 assets or liabilities as of May 2, 2014.

	The Company did not have any transfers in and out of Levels 1 and 2 during the first quarter of fiscal 2015.

	The following table summarizes, by level within the fair value hierarchy, the financial assets and liabilities recorded at fair value on a recurring basis as of January 31, 2014 (in thousands):

		January 31, 2014
		Total		Level 1		Level 2		Level 3
	ASSETS
	Other assets — assets that fund deferred compensation	$	1,142	$	1,142	$	—	$	—
	LIABILITES
	Other current liabilities — interest rate swap	$	1,607	$	—	$	1,607	$	—
	Other long-term liabilities — interest rate swap	$	1,346	$	—	$	1,346	$	—
	Other long-term liabilities — deferred compensation	$	1,142	$	1,142	$	—	$	—

	Level 1 measurements include $1.1 million of deferred compensation assets that fund the liabilities related to the Company’s deferred compensation, including investments in trust funds. The fair values of these funds are based on quoted market prices in an active market.

	Level 2 measurements include interest rate swap agreement estimated using industry standard valuation models using market-based observable inputs, including interest rate curves.

	There were no Level 3 assets or liabilities as of January 31, 2014.

	The outstanding debt under the Credit Facilities and the Senior Notes is recorded in the financial statements at historical cost, net of applicable unamortized discounts.

	The Credit Facilities are tied directly to market rates and fluctuate as market rates change; as a result, the carrying value of the Credit Facilities approximates fair value as of May 2, 2014 and January 31, 2014.

	The fair value of the Senior Notes was estimated at $282.5 million, or $32.5 million greater than the carrying value, as of May 2, 2014, based on quoted market prices of the debt (Level 1 inputs). The fair value of the Senior Notes was estimated at $282.5 million, or $32.5 million greater than the carrying value, as of January 31, 2014, based on quoted market prices of the debt (Level 1 inputs).

	See Note 5, “Debt” for more information on the Company’s debt.

StockBased_Compensation

Stock-Based Compensation	3 Months Ended
Stock-Based Compensation	2-May-14
Stock-Based Compensation	'
Stock-Based Compensation	'
	8. Stock-Based Compensation

	Number Holdings, Inc. 2012 Equity Incentive Plan

	On February 27, 2012, the board of directors of Parent adopted the Number Holdings, Inc. 2012 Stock Incentive Plan (the “2012 Plan”), which authorizes equity awards to be granted for up to 74,603 shares of Class A Common Stock of Parent and 74,603 shares of Class B Common Stock, of Parent. On September 27, 2013, the 2012 Plan was amended to increase the aggregate number of shares available under the 2012 Plan to 85,000 shares. As of May 2, 2014, options for 41,790 shares of each of Class A Common Stock and Class B Common Stock were issued to certain members of management and directors. Options upon vesting may be exercised only for units consisting of an equal number of Class A Common Stock and Class B Common Stock. Class B Common Stock has de minimis economic rights and the right to vote solely for election of directors.

	Employee Option Grants

	Options granted to employees generally become exercisable over a five year service period and have terms of ten years from date of the grant.

	Under the standard form of option award agreement for the 2012 Plan, Parent has a right to repurchase from the participant all or a portion of (i) Class A and Class B Common Stock of Parent issued upon the exercise of the options awarded to a participant and (ii) fully vested but unexercised options. The repurchase price for the shares of Class A and Class B Common Stock of Parent is the fair market value of such shares as of the date of such termination, and, for the fully vested but unexercised options, the repurchase price is the difference between the fair market value of the Class A and Class B Common Stock of Parent as of the date of termination of employment and the exercise price of the option. However, upon (i) a termination of employment for cause, (ii) a voluntary resignation without good reason, or (iii) upon discovery that the participant engaged in detrimental activity, the repurchase price is the lesser of the exercise price paid by the participant to exercise the option or the fair market value of the Class A and Class B Common Stock of Parent. If Parent elects to exercise its repurchase right for any shares acquired pursuant to the exercise of an option, it must do so no later than 180 days after the date of participant’s termination of employment, or (ii) for any unexercised option no later than 90 days from the latest date that such option can be exercised. The options also contain transfer restrictions that lapse upon registration of an offering of Parent common stock under the Securities Act of 1933(“liquidity event”).

	The Company defers recognition of substantially all of the stock-based compensation expense related to these stock options. The nature of repurchase rights and transfer restrictions create a performance condition that is not considered probable of being achieved until a liquidity event or certain employment termination events. These options are accounted for as equity-based awards. The fair value of these stock options was estimated at the date of grant using the Black-Scholes pricing model. There were 19,535 of employee options outstanding as of May 2, 2014.

	Executive and Director Option Grants

	Options granted to certain executives and board members generally become exercisable over a five year service period and have terms of ten years from date of the grant. Options granted to these executives and board members do not contain repurchase rights that would allow the Parent to repurchase these options at less than fair value. The Company recognizes stock-based compensation expense for these option grants over the service period. These options are accounted for as equity awards. The fair value of these stock options was estimated at the date of grant using the Black-Scholes pricing model.

	Chief Executive Officer Equity Awards

	On October 9, 2013, in connection with Stéphane Gonthier’s employment as President and Chief Executive Officer of the Company and Parent, the Compensation Committee of Parent’s Board of Directors granted to Mr. Gonthier stock options to purchase an aggregate of 21,505 shares of each of the Class A and Class B Common Stock. Subject to the continued employment of Mr. Gonthier, (a) 75% of the options will vest according to a timetable of 30% on the first anniversary of the grant date, 20% on the second anniversary of the grant date and 25% on each of the third and fourth anniversaries of the grant date and (b) 25% of these options will vest subject to the Company’s and Parent’s achievement of performance hurdles. These options are subject to the terms of the 2012 Plan and the award agreement under which they were granted.

	The Company records stock-based compensation for the time-based options in accordance with the four year vesting period. The Company has deferred recognition of performance-based options until it is probable that that the performance hurdles will be achieved. The time-based and performance-based options are accounted for as equity awards. The fair value of these time-based options was estimated at the date of grant using the Black-Scholes pricing model. The fair value performance-based options was estimated at the date of grant using a Monte Carlo simulation method.

	Accounting for stock-based compensation

	Determining the fair value of options at the grant date requires judgment, including estimating the expected term that stock options will be outstanding prior to exercise and the associated volatility. At the grant date, the Company estimates an amount of forfeitures that will occur prior to vesting. During the first quarter of fiscal 2015, the Company recorded stock-based compensation expense of $0.7 million. During the first quarter of fiscal 2014, the Company recorded negative stock-based compensation expense of $(0.1) million.

	The risk-free interest rate is based on the U.S. treasury yield curve in effect at the time of grant with an equivalent remaining term. Expected life represents the estimated period of time until exercise and is calculated by using “simplified method.” Expected stock price volatility is based on average historical volatility of stock prices of companies in a peer group analysis. The Company currently does not anticipate the payment of any cash dividends. Compensation expense is recognized only for those options expected to vest, with forfeitures estimated based on the Company’s historical experience and future expectations. The Company did not grant any stock options during the first quarter of fiscal 2015.

	The fair value of performance-based options granted to Mr. Gonthier in October 2013 was estimated at the date of grant using a Monte Carlo simulation method. Key assumptions used include those described above for determining the fair value of options with service-based conditions only and in addition the simulation utilizes a range of possible future stock values to construct a distribution of where future stock prices might be. The simulations and resulting distributions will give a statistically acceptable range of future stock prices. The Company also has to assume a time horizon to when the performance conditions of the options will be met.

	As of May 2, 2014, there were $14.6 million of total unrecognized compensation costs related to non-vested options and options subject to repurchase rights for which no compensation has been recorded.

	The following summarizes stock option activity in the first quarter of fiscal 2015:

		Number of		Weighted Average		Weighted Average
		Shares		Exercise Price		Remaining
						Contractual Life
						(Years)
	Options outstanding at the beginning of the period	42,910		$	1,000
	Granted	—		$	—
	Exercised	—		$	—
	Cancelled	(1,120	)	$	1,059

	Outstanding at the end of the period	41,790		$	1,120	8.3

	Exercisable at the end of the period	6,178		$	1,000	8

	Exercisable and expected to vest at the end of the period	37,211		$	1,104	8.8

	The following table summarizes the stock awards available for grant under the 2012 Plan as of May 2, 2014:

		Number of Shares
	Available for grant as of January 31, 2014	42,090
	Authorized	—
	Granted	—
	Cancelled	1,120
	Available for grant at May 2, 2014	43,210

RelatedParty

Related-Party	3 Months Ended
Related-Party	2-May-14
Related-Party	'
Related-Party	'
	9. Related-Party

	Parent Stock Purchase Agreements

	In April 2014, in connection with Mr. Anicetti’s service as Interim Chief Executive Officer of the Company and Parent, Parent entered into a Stock Purchase Agreement with From One to Many Leadership Consulting, LLC. From One to Many Leadership Consulting, LLC is wholly owned by, and employs, Mr. Anicetti. Pursuant to the terms of this agreement, Mr. Anicetti purchased an aggregate 354 shares of Class A Common Stock of Parent and 354 shares of Class B Common Stock of Parent for an aggregate purchase price of approximately $0.5 million.

	In April 2014, in connection with Mr. Fung’s service as Interim Executive Vice President and Chief Administrative Officer of the Company and Parent, Parent entered into a Stock Purchase Agreement with Mr. Fung. Pursuant to the terms of this agreement, Mr. Fung purchased an aggregate 310 shares of Class A Common Stock of Parent and 310 shares of Class B Common Stock of Parent for an aggregate purchase price of approximately $0.4 million.

	Credit Facility

	In connection with the Merger, the Company entered into the First Lien Term Loan Facility, under which various funds affiliated with Ares are lenders. As of May 2, 2014 and January 31, 2014 these affiliates held approximately $3.4 million of term loans under the First Lien Term Loan Facility. The terms of the term loans are the same as those held by unaffiliated third party lenders under the First Lien Term Loan Facility.

Income_Taxes

Income Taxes	3 Months Ended
Income Taxes	2-May-14
Income Taxes	'
Income Taxes	'
	10. Income Taxes

	The effective income tax rate for the first quarter of fiscal 2015 was a charge rate of 39.8% compared to a benefit rate of 136.5% for the first quarter of fiscal 2014. The change in the effective tax rate is due to an increase in pre-tax income during the first quarter of fiscal 2015 and release of valuation allowance on the Texas margin tax credit carry-forward in the first quarter of fiscal 2014.

	The Company’s policy is to recognize interest and penalties related to uncertain tax positions as a component of income tax expense. As of May 2, 2014, the Company has not accrued any interest and penalties related to uncertain tax positions.

	The Company files income tax returns in the U.S. federal jurisdiction and in various states. The Company is subject to examinations by the major tax jurisdictions in which it files for the tax years 2009 forward. The federal tax return for the period ended March 27, 2010 was examined by the Internal Revenue Service resulting in no changes to the reported tax. Currently, the federal tax return for the period January 14, 2012 to March 31, 2012 is under examination by the Internal Revenue Service.

Commitments_and_Contingencies

Commitments and Contingencies	3 Months Ended
Commitments and Contingencies	2-May-14
Commitments and Contingencies	'
Commitments and Contingencies	'
	11. Commitments and Contingencies

	Credit Facilities

	The Credit Facilities and commitments are discussed in detail in Note 5.

	Workers’ Compensation

	The Company self-insures its workers’ compensation claims in California and Texas and provides for losses of estimated known and incurred but not reported insurance claims. The Company does not discount the projected future cash outlays for the time value of money for claims and claim related costs when establishing its workers’ compensation liability.

	As of May 2, 2014 and January 31, 2014, the Company had recorded a liability $72.6 million and $73.8 million, respectively, for estimated workers’ compensation claims in California. The Company has limited self-insurance exposure in Texas and had recorded a liability of $0.1 million and less than $0.1 million, respectively, as of May 2, 2014 and January 31, 2014 for workers’ compensation claims in Texas. The Company purchases workers’ compensation insurance coverage in Arizona and Nevada and is not self-insured in those states.

	Self-Insured Health Insurance Liability

	The Company self-insures for a portion of its employee medical benefit claims. As of May 2, 2014 and January 31, 2014, the Company had recorded a liability of $0.6 million for estimated health insurance claims. The Company maintains stop loss insurance coverage to limit its exposure for the self-funded portion of its health insurance program.

	Legal Matters

	Wage and Hour Matters

	Shelley Pickett v. 99¢ Only Stores. Plaintiff, a former cashier for the Company, filed a representative action complaint against the Company on November 4, 2011 in the Superior Court of the State of California, County of Los Angeles alleging a PAGA claim that the Company violated section 14 of Wage Order 7-2001 by failing to provide seats for its cashiers behind checkout counters. The plaintiff seeks civil penalties of $100 to $200 per violation, per each pay period for each affected employee, and attorney’s fees. The court denied the Company’s motion to compel arbitration of Pickett’s individual claims or, in the alternative, to strike the representative action allegations in the Complaint, and the Court of Appeals affirmed the trial court’s ruling. The Company’s petition for review of the decision in the California Supreme Court was denied on January 15, 2014, and remittitur issued on January 27, 2014. On June 27, 2013, the plaintiff entered into a settlement agreement and release with the Company in another matter. Payment has been made to the plaintiff under that agreement and the other action has been dismissed. The Company’s position is that the release the plaintiff executed in that matter waives the claims she asserts in this action, waives her right to proceed on a class or representative basis or as a private attorney general and requires her to dismiss this action with prejudice as to her individual claims. The Company notified the plaintiff of its position by a letter dated as of July 30, 2013, but she has yet to dismiss the lawsuit. On February 11, 2014, the Company answered the complaint, denying all material allegations, and filed a cross-complaint against Pickett seeking to enforce her agreement to dismiss this action. Through the cross-complaint, the Company seeks declaratory relief, specific performance and damages. Pickett has answered the cross-complaint, asserting a general denial of all material allegations and various affirmative defenses. On March 12, 2014, in an unrelated matter involving similar claims against a different employer, the California Supreme Court agreed to rule on several questions that will provide guidance to lower courts as to California’s employee seating requirement, which is a largely untested area of law. Accordingly, on May 20, 2014, the parties stipulated to stay this matter pending the final resolution of the California Supreme Court proceeding, with the exception of the Company’s motion for judgment on the pleadings on the Cross-Complaint and Ms. Pickett’s motion for leave to substitute in a new representative plaintiff. Both motions are scheduled to be heard on September 30, 2014. The Company cannot predict the outcome of this lawsuit or the amount of potential loss, if any, that it could face as a result of such lawsuit.

	Sofia Wilton Barriga v. 99¢ Only Stores. Plaintiff, a former store associate, filed an action against the Company on August 5, 2013, in the Superior Court of the State of California, County of Riverside alleging on behalf of plaintiff and all others allegedly similarly situated under the California Labor Code that the Company failed to pay wages for all hours worked, provide meal periods, pay wages timely upon termination, and provide accurate wage statements. The plaintiff also asserted a derivative claim for unfair competition under the California Business and Professions Code. The plaintiff seeks to represent a class of all non-exempt employees who were employed in California in the Company’s retail stores who worked the graveyard shift at any time from January 1, 2012, through the date of trial or settlement. Although the class period as originally pled would extend back to August 5, 2009, the parties have agreed that any class period would run beginning January 1, 2012, because of the preclusive effect of a judgment in a previous matter. The plaintiff seeks to recover alleged unpaid wages, statutory penalties, interest, attorney’s fees and costs, and restitution. On September 23, 2013, the Company filed an answer denying all material allegations. A case management conference was held on October 4, 2013, at which the court ordered that discovery may proceed as to class certification issues only and set a further status conference for August 5, 2014. Discovery has commenced and is ongoing. The Company cannot predict the outcome of this lawsuit or the amount of potential loss, if any, that it could face as a result of such lawsuit.

	District Attorney Investigation

	In August 2013, the Company received a pre-litigation subpoena from the San Joaquin County and Alameda County District Attorney offices. This subpoena arises out of an investigation of the Company’s hazardous materials, hazardous substances and hazardous waste practices at its California retail stores and distribution centers that is being conducted jointly by the District Attorney of San Joaquin County along with other environmental prosecutorial offices in the state of California (the “Prosecutors”). This investigation arises out of the Notices to Comply (“Notices”) received by the Company for certain of its stores and distribution centers.

	The Notices alleged non-compliance with hazardous waste, hazardous substances and hazardous material regulatory requirements imposed under California law identified during compliance inspections and required corrective actions to be taken by certain dates set forth in the Notices. The Company believes that it properly implemented the corrective actions required by the Notices; however, it now faces additional demands to improve its hazardous waste and hazardous material compliance programs. The Company is cooperating with the Prosecutors in their investigation and is working with them to implement revisions to such programs.

	The Prosecutors can also seek civil penalties and investigation costs for the alleged instances of past non-compliance, even after corrective action is taken. No penalties or costs have been demanded and the Company cannot predict the amount of penalties that may be sought.

	Other Matters

	The Company is also subject to other private lawsuits, administrative proceedings and claims that arise in its ordinary course of business. A number of these lawsuits, proceedings and claims may exist at any given time. While the resolution of such a lawsuit, proceeding or claim may have an impact on the Company’s financial results for the period in which it is resolved, and litigation is inherently unpredictable, in management’s opinion, none of these matters arising in the ordinary course of business is expected to have a material adverse effect on the Company’s financial position, results of operations or overall liquidity.

Assets_Held_for_Sale

Assets Held for Sale	3 Months Ended
Assets Held for Sale	2-May-14
Assets Held for Sale	'
Assets Held for Sale	'
	12. Assets Held for Sale

	Assets held for sale as of May 2, 2014 consisted of the vacant land in Rancho Mirage, California with a carrying value of $1.7 million.

Other_Accrued_Expenses

Other Accrued Expenses	3 Months Ended
	2-May-14
Other Accrued Expenses	'
Other Accrued Expenses	'
	13. Other Accrued Expenses

	Other accrued expenses as of May 2, 2014 and January 31, 2014 are as follows (in thousands):

		May 2,		January 31,
		2014		2014
	Accrued interest	$	15,146	$	8,322
	Accrued occupancy costs	6,996		7,500
	Accrued legal reserves and fees	6,243		7,472
	Accrued professional fees, outside services and advertising	3,268		3,853
	Other	9,698		9,543
	Total other accrued expenses	$	41,351	$	36,690

New_Authoritative_Standards

New Authoritative Standards	3 Months Ended
New Authoritative Standards	2-May-14
New Authoritative Standards	'
New Authoritative Standards	'
	14. New Authoritative Standards

	In April 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2014-08 (“ASU 2014-08”) “Presentation of Financial Statements (Topic 205) and Property, Plant and Equipment (Topic 360): Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity. The update changes the requirements for reporting discontinued operations. Under ASU 2014-08, a disposal of a component of an entity or a group of components of an entity is required to be reported in discontinued operations if the disposal represents a strategic shift that has or will have a major effect on an entity’s operations and financial results. ASU 2014-08 is effective for all disposals or classifications as held for sale of components of an entity that occur within fiscal beginning after December 15, 2014, and early adoption is permitted. We expect to adopt this standard at the beginning of our fiscal 2016. Management does not expect the adoption of these changes to have a material impact on the Consolidated Financial Statement.

	In July 2013, the FASB issued ASU 2013-11, “Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists” (“ASU 2013-11”), which is effective for fiscal years and interim periods within those years, beginning after December 15, 2013. ASU 2013-11 provides guidance regarding the presentation of an unrecognized tax benefit when a net operating loss carryforward, a similar loss or a tax credit carryforward exists. Under certain circumstances, unrecognized tax benefits should be presented in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss or tax credit carryforward. The Company adopted ASU 2013-11 in the first quarter of fiscal 2015. There is no material impact on the Company or its consolidated financial statements.

Financial_Guarantees

Financial Guarantees	3 Months Ended
	2-May-14
Financial Guarantees	'
Financial Guarantees	'
	15. Financial Guarantees

	On December 29, 2011, the Company issued $250 million principal amount of the Senior Notes. The Senior Notes are irrevocably and unconditionally guaranteed, jointly and severally, by each of the Company’s existing and future restricted subsidiaries that are guarantors under the Credit Facilities and certain other indebtedness.

	As of May 2, 2014, the Senior Notes are fully and unconditionally guaranteed by the Company’s 100% owned subsidiaries (the “Subsidiary Guarantors”), except for immaterial subsidiaries. As of January 31, 2014, the Senior Notes are fully and unconditionally guaranteed by the Company’s 100% owned subsidiary, 99 Cents Only Stores Texas, Inc. (the “Subsidiary Guarantor”).

	The tables in the following pages present the condensed consolidating financial information for the Company and the Subsidiary Guarantors together with consolidating entries, as of and for the periods indicated. The subsidiary that is not a Subsidiary Guarantor is minor. The condensed consolidating financial information may not necessarily be indicative of the financial position, results of operations or cash flows had the Company, and the Subsidiary Guarantors operated as independent entities.

	CONDENSED CONSOLIDATING BALANCE SHEETS
	As of May 2, 2014
	(In thousands)
	(Unaudited)

			Issuer			Subsidiary			Consolidating			Consolidated
						Guarantors			Adjustments
	ASSETS
	Current Assets:
	Cash		$	32,931		$	1,194		$	—		$	34,125
	Accounts receivable, net		1,640			105			—			1,745
	Deferred income taxes		46,953			—			—			46,953
	Inventories, net		191,562			32,703			—			224,265
	Assets held for sale		1,680			—			—			1,680
	Other		15,345			1,711			—			17,056
	Total current assets		290,111			35,713			—			325,824
	Property and equipment, net		426,525			63,888			—			490,413
	Deferred financing costs, net		17,758			—			—			17,758
	Equity investments and advances to subsidiaries		301,049			210,599			(511,648		)	—
	Intangible assets, net		462,334			2,472			—			464,806
	Goodwill		479,745			—			—			479,745
	Deposits and other assets		6,646			535			—			7,181
	Total assets		$	1,984,168		$	313,207		$	(511,648	)	$	1,785,727

	LIABILITIES AND MEMBER’S EQUITY
	Current Liabilities:
	Accounts payable		$	72,043		$	4,730		$	—		$	76,773
	Intercompany payable		210,601			217,316			(427,917		)	—
	Payroll and payroll-related		21,302			1,422			—			22,724
	Sales tax		5,788			681			—			6,469
	Other accrued expenses		38,510			2,841			—			41,351
	Workers’ compensation		72,545			138			—			72,683
	Current portion of long-term debt		6,138			—			—			6,138
	Current portion of capital lease obligation		90			—			—			90
	Total current liabilities		427,017			227,128			(427,917		)	226,228
	Long-term debt, net of current portion		848,033			—			—			848,033
	Unfavorable lease commitments, net		10,527			303			—			10,830
	Deferred rent		12,439			2,045			—			14,484
	Deferred compensation liability		1,159			—			—			1,159
	Capital lease obligation, net of current portion		174			—			—			174
	Long-term deferred income taxes		171,624			—			—			171,624
	Other liabilities		3,794			—			—			3,794
	Total liabilities		1,474,767			229,476			(427,917		)	1,276,326

	Member’s Equity:
	Member units		547,028			—			—			547,028
	Additional paid-in capital		—			99,944			(99,944		)	—
	Investment in Number Holdings, Inc. preferred stock		(19,200		)	—			—			(19,200		)
	Accumulated deficit		(17,112		)	(16,213		)	16,213			(17,112		)
	Other comprehensive loss		(1,315		)	—			—			(1,315		)
	Total equity		509,401			83,731			(83,731		)	509,401
	Total liabilities and equity		$	1,984,168		$	313,207		$	(511,648	)	$	1,785,727

	CONDENSED CONSOLIDATING BALANCE SHEETS
	As of January 31, 2014
(In thousands)

		Issuer			Subsidiary			Consolidating			Consolidated
					Guarantor			Adjustments
ASSETS
Current Assets:
Cash		$	33,723		$	1,119		$	—		$	34,842
Accounts receivable, net		1,561			232			—			1,793
Income taxes receivable		4,498			—			—			4,498
Deferred income taxes		46,953			—			—			46,953
Inventories, net		177,461			28,783			—			206,244
Assets held for sale		1,680			—			—			1,680
Other		16,646			1,544			—			18,190
Total current assets		282,522			31,678			—			314,200
Property and equipment, net		421,130			63,916			—			485,046
Deferred financing costs, net		18,526			—			—			18,526
Equity investments and advances to subsidiaries		246,594			161,810			(408,404		)	—
Intangible assets, net		463,771			2,540			—			466,311
Goodwill		479,745			—			—			479,745
Deposits and other assets		5,894			512			—			6,406
Total assets		$	1,918,182		$	260,456		$	(408,404	)	$	1,770,234

LIABILITIES AND MEMBER’S EQUITY
Current Liabilities:
Accounts payable		$	63,620		$	7,437		$	—		$	71,057
Intercompany payable		161,811			162,054			(323,865		)	—
Payroll and payroll-related		22,718			1,743			—			24,461
Sales tax		4,992			530			—			5,522
Other accrued expenses		34,506			2,184			—			36,690
Workers’ compensation		73,822			96			—			73,918
Current portion of long-term debt		6,138			—			—			6,138
Current portion of capital lease obligation		88			—			—			88
Total current liabilities		367,695			174,044			(323,865		)	217,874
Long-term debt, net of current portion		849,252			—			—			849,252
Unfavorable lease commitments, net		11,335			383			—			11,718
Deferred rent		11,698			1,490			—			13,188
Deferred compensation liability		1,142			—			—			1,142
Capital lease obligation, net of current portion		197			—			—			197
Long-term deferred income taxes		171,573			—			—			171,573
Other liabilities		6,203			—			—			6,203
Total liabilities		1,419,095			175,917			(323,865		)	1,271,147

Member’s Equity:
Member units		546,365			—			—			546,365
Additional paid-in capital		—			99,943			(99,943		)	—
Investment in Number Holdings, Inc. preferred stock		(19,200		)	—			—			(19,200		)
Accumulated deficit		(26,687		)	(15,404		)	15,404			(26,687		)
Other comprehensive loss		(1,391		)	—			—			(1,391		)
Total equity		499,087			84,539			(84,539		)	499,087
Total liabilities and equity		$	1,918,182		$	260,456		$	(408,404	)	$	1,770,234

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)
For the First Quarter Ended May 2, 2014
(In thousands)
(Unaudited)

		Issuer			Subsidiary			Consolidating			Consolidated
					Guarantor			Adjustments
Net Sales:
Total sales		$	433,033		$	44,864		$	—		$	477,897
Cost of sales		287,184			33,587			—			320,771
Gross profit		145,849			11,277			—			157,126
Selling, general and administrative expenses		113,696			12,086			—			125,782
Operating income (loss)		32,153			(809		)	—			31,344
Other (income) expense:
Interest expense		15,429			—			—			15,429
Equity in (earnings) loss of subsidiaries		809			—			(809		)	—
Total other expense, net		16,238			—			(809		)	15,429
Income (loss) before provision for income taxes		15,915			(809		)	809			15,915
Provision for income taxes		6,340			—			—			6,340
Net income (loss)		$	9,575		$	(809	)	$	809		$	9,575
Comprehensive income		$	9,651		$	—		$	—		$	9,651

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)
For the First Quarter Ended April 27, 2013
(In thousands)
(Unaudited)

		Issuer			Subsidiary			Consolidating			Consolidated
					Guarantor			Adjustments
Net Sales:
Total sales		$	406,645		$	38,570		$	—		$	445,215
Cost of sales		279,082			29,383			—			308,465
Gross profit		127,563			9,187			—			136,750
Selling, general and administrative expenses		112,528			11,694			—			124,222
Operating income (loss)		15,035			(2,507		)	—			12,528
Other (income) expense:
Interest income		(54		)	—			—			(54		)
Interest expense		15,036			—			—			15,036
Other		4			—			—			4
Equity in (earnings) loss of subsidiaries		2,507			—			(2,507		)	—
Total other expense, net		17,493			—			(2,507		)	14,986
Loss before provision for income taxes		(2,458		)	(2,507		)	2,507			(2,458		)
Benefit for income taxes		(3,355		)	—			—			(3,355		)
Net income (loss)		$	897		$	(2,507	)	$	2,507		$	897
Comprehensive income		$	754		$	—		$	—		$	754

CONDENSEDCONSOLIDATED STATEMENTS OF CASH FLOWS
For the First Quarter Ended May 2, 2014
(In thousands)
(Unaudited)

		Issuer			Subsidiary			Consolidating			Consolidated
					Guarantor			Adjustments
Cash flows from operating activities:
Net cash provided by operating activities		$	18,219		$	1,966		$	—		$	20,185
Cash flows from investing activities:
Purchases of property and equipment		(17,464		)	(1,899		)	—			(19,363		)
Proceeds from sales of fixed assets		9			7			—			16
Investment in subsidiary		(1		)	—			1			—
Net cash used in investing activities		(17,456		)	(1,892		)	1			(19,347		)
Cash flows from financing activities:
Payment of debt		(1,534		)	—			—			(1,534		)
Payments of capital lease obligation		(21		)	—			—			(21		)
Capital contributions		—			1			(1		)	—
Net cash used in financing activities		(1,555		)	1			(1		)	(1,555		)
Net (decrease) increase in cash		(792		)	75			—			(717		)
Cash — beginning of period		33,723			1,119			—			34,842
Cash — end of period		$	32,931		$	1,194		$	—		$	34,125

CONDENSEDCONSOLIDATED STATEMENTS OF CASH FLOWS
For the First Quarter Ended April 27, 2013
(In thousands)
(Unaudited)

		Issuer			Subsidiary			Consolidating			Consolidated
					Guarantors			Adjustments
Cash flows from operating activities:
Net cash provided by operating activities		$	36,368		$	1,565		$	(832	)	$	37,101
Cash flows from investing activities:
Purchases of property and equipment		(14,675		)	(1,599		)	—			(16,274		)
Proceeds from sale of fixed assets		5			1			—			6
Net cash used in investing activities		(14,670		)	(1,598		)	—			(16,268		)
Cash flows from financing activities:
Payment of debt		(1,309		)	—			—			(1,309		)
Payments of capital lease obligation		(20		)	—			—			(20		)
Net cash used in financing activities		(1,329		)	—			—			(1,329		)
Net increase (decrease) in cash		20,369			(33		)	(832		)	19,504
Cash — beginning of period		44,911			142			—			45,053
Cash — end of period		$	65,280		$	109		$	(832	)	$	64,557

Basis_of_Presentation_and_Summ1

Basis of Presentation and Summary of Significant Accounting Policies (Policies)	3 Months Ended
	2-May-14
Basis of Presentation and Summary of Significant Accounting Policies	'
Basis of Presentation	'
	Basis of Presentation

	The accompanying unaudited consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States (“GAAP”). However, certain information and footnote disclosures normally included in financial statements prepared in conformity with GAAP have been omitted or condensed pursuant to the rules and regulations of the Securities and Exchange Commission. These statements should be read in conjunction with the Company’s audited financial statements and notes thereto included in the Company’s Transition Report on Form 10-K for the fiscal year ended January 31, 2014. In the opinion of the Company’s management, these interim consolidated financial statements reflect all adjustments (consisting of normal recurring adjustments) necessary for a fair statement of the consolidated financial position and results of operations for each of the periods presented. The results of operations and cash flows for such periods are not necessarily indicative of results to be expected for the full fiscal year ending January 30, 2015 (“fiscal 2015”). (See below for discussion of the change in fiscal year end.)

Change in Fiscal Year	'
	Change in Fiscal Year

	On December 16, 2013, the board of directors of the Company’s sole member, Parent, approved a resolution changing the end of the Company’s fiscal year. Prior to the change, the fiscal year of the Company ended on the Saturday closest to the last day of March. The Company’s new fiscal year end is the Friday closest to the last day of January, with each successive quarterly period ending the Friday closest to the last day of April, July, October or January, as applicable.

	Unless otherwise stated, references to years in this Quarterly Report on Form 10-Q relate to fiscal years rather than calendar years. The Company’s fiscal year 2015 (“fiscal 2015”) began on February 1, 2014 and will end on January 30, 2015 and will consist of 52 weeks. The Company’s fiscal year 2014 (“fiscal 2014”) began on March 31, 2013 and ended on January 31, 2014 and consisted of 44 weeks. The first quarter ended May 2, 2014 (“the first quarter of fiscal 2015”) was comprised of 91 days. As a result of the change in the Company’s fiscal year, the comparable interim prior year financial statements have been recast to conform to the new fiscal calendar. The recast first quarter ended April 27, 2013 (“the first quarter of fiscal 2014”) was comprised of 91 days.

Change in Presentation of Financial Statements	'
	Change in Presentation of Financial Statements

	In the first quarter of fiscal 2015, the Company changed the presentation of its financial statements to include receiving, distribution, warehouse costs and transportation to and from stores in its cost of sales. Previously, these costs were included in selling, general and administrative expenses. Depreciation expense related to these costs, which was historically included in selling, general and administrative expense, is now included in cost of sales. Also, depreciation and amortization expense included in selling, general and administrative expense will no longer be presented separately. Reclassifications of $24.0 million from selling, general and administrative expense to cost of sales were made for the comparable first quarter of fiscal 2014 to conform to current year presentation. This change does not change previously reported operating income or net income.

	This change in presentation of financial statements was made in order to be in line with the Company’s peers in the retail industry.

Use of Estimates	'
	Use of Estimates

	The preparation of the unaudited consolidated financial statements, in conformity with GAAP, requires management to make estimates and assumptions. These estimates and assumptions affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Cash	'
	Cash

	For purposes of reporting cash flows, cash includes cash on hand, cash at the stores and cash in financial institutions. The majority of payments due from financial institutions for the settlement of debit card and credit card transactions are processed within three business days and therefore are also classified as cash. Cash balances held at financial institutions are generally in excess of federally insured limits. These accounts are only insured by the Federal Deposit Insurance Corporation up to $250,000. The Company historically has not experienced any losses in such accounts. The Company places its temporary cash investments with what it believes to be high credit, quality financial institutions. Under the Company’s cash management system, checks issued but not presented to the bank may result in book cash overdraft balances for accounting purposes. The Company reclassifies book overdrafts to accounts payable, which are reflected as an operating activity in its unaudited consolidated statements of cash flows. Book overdrafts included in accounts payable were $17.6 million and $9.3 million as of May 2, 2014 and January 31, 2014, respectively.

Allowance for Doubtful Accounts	'
	Allowance for Doubtful Accounts

	In connection with its wholesale business, the Company evaluates the collectability of accounts receivable based on a combination of factors. In cases where the Company is aware of circumstances that may impair a specific customer’s ability to meet its financial obligations subsequent to the original sale, the Company will record an allowance against amounts due and thereby reduce the net recognized receivable to the amount the Company reasonably believes will be collected. For all other customers and tenants, the Company recognizes allowances for doubtful accounts based on the length of time the receivables are past due, industry and geographic concentrations, the current business environment and the Company’s historical experiences.

Inventories	'
	Inventories

	Inventories are valued at the lower of cost or market. Inventory cost is established using a methodology that approximates first in, first out, which for store inventories is based on a retail inventory method. Valuation allowances for shrinkage as well as excess and obsolete inventory are also recorded. Shrinkage is estimated as a percentage of sales for the period from the last physical inventory date to the end of the applicable period. Such estimates are based on experience and the most recent physical inventory results. Physical inventories are taken at each of the Company’s retail stores at least once a year by an outside inventory service company. The Company performs inventory cycle counts at its warehouses throughout the year. The Company also performs inventory reviews and analysis on a quarterly basis for both warehouse and store inventory to determine inventory valuation allowances for excess and obsolete inventory. The valuation allowances for excess and obsolete inventory are based on the age of the inventory, sales trends and future merchandising plans. The valuation allowances for excess and obsolete inventory in many locations (including various warehouses, store backrooms, and sales floors of its stores), require management judgment and estimates that may impact the ending inventory valuation and valuation allowances that may affect the reported gross margin for the period.

	In the first quarter of fiscal 2014, the Company revised its inventory merchandising and liquidation philosophies to significantly reduce and liquidate slow moving inventories prospectively as directed by the then current management team. As a result of this change, the Company recorded a charge to cost of sales and a corresponding reduction in inventory of approximately $9.1 million in the first quarter of fiscal 2014. This is a prospective change and did not have an effect on prior periods.

	In order to obtain inventory at attractive prices, the Company takes advantage of large volume purchases, closeouts and other similar purchases. As such, the Company’s inventory fluctuates from period to period and the inventory balances vary based on the timing and availability of such opportunities.

Property and Equipment	'
	Property and Equipment

	Property and equipment are carried at cost and are depreciated or amortized on a straight-line basis over the following useful lives:

	Owned buildings and improvements	Lesser of 30 years or the estimated useful life of the improvement
	Leasehold improvements	Lesser of the estimated useful life of the improvement or remaining lease term
	Fixtures and equipment	3-5 years
	Transportation equipment	3-5 years
	Information technology systems	For major corporate systems, estimated useful life up to 7 years; for functional stand alone systems, estimated useful life up to 5 years

	The Company’s policy is to capitalize expenditures that materially increase asset lives and expense ordinary repairs and maintenance as incurred.

Long-Lived Assets	'
	Long-Lived Assets

	The Company assesses the impairment of long-lived assets quarterly or when events or changes in circumstances indicate that the carrying value may not be recoverable. Recoverability is measured by comparing the carrying amount of an asset to expected future net cash flows generated by the asset. If the carrying amount of an asset exceeds its estimated undiscounted future cash flows, the carrying amount is compared to its fair value and an impairment charge is recognized to the extent of the difference. Factors that the Company considers important that could individually or in combination trigger an impairment review include the following: (1) significant underperformance relative to expected historical or projected future operating results; (2) significant changes in the manner of the Company’s use of the acquired assets or the strategy for the Company’s overall business; and (3) significant changes in the Company’s business strategies and/or negative industry or economic trends. On a quarterly basis, the Company assesses whether events or changes in circumstances occur that potentially indicate that the carrying value of long-lived assets may not be recoverable (Level 3 measurement, see Note 7, “Fair Value of Financial Instruments”). Considerable management judgment is necessary to estimate projected future operating cash flows. Accordingly, if actual results fall short of such estimates, significant future impairments could result. During the first quarter of fiscal 2015, the Company did not record any asset impairment charges. During the first quarter of fiscal 2014, the Company wrote down the carrying value of a held for sale property to estimated net realizable value, net of expected disposal costs, and accordingly recorded an asset impairment charge of $0.5 million.

Purchase Accounting	'
	Purchase Accounting

	The Company’s assets and liabilities have been recorded at their estimated fair values as of the date of the Merger. The aggregate purchase price was allocated to the tangible and intangible assets acquired and liabilities assumed, based upon an assessment of their relative fair value as of the date of the Merger. These estimates of fair values, the allocation of the purchase price and other factors related to the accounting for the Merger are subject to significant judgments and the use of estimates.

Goodwill and Other Intangible Assets	'
	Goodwill and Other Intangible Assets

	In connection with the Merger purchase price allocation, the fair values of long-lived and intangible assets were determined based upon assumptions related to the future cash flows, discount rates and asset lives using then available information, and in some cases were obtained from independent professional valuation experts. The Company amortizes intangible assets over their estimated useful lives unless such lives are deemed indefinite.

	Goodwill and indefinite-lived intangible assets are not amortized but instead tested annually for impairment or more frequently when events or changes in circumstances indicate that the assets might be impaired. Goodwill is tested for impairment by comparing the carrying amount of the reporting unit to the fair value of the reporting unit to which the goodwill is assigned. The Company has the option of performing a qualitative assessment before calculating the fair value of the reporting unit (i.e., step one of the goodwill impairment test). If the Company does not perform a qualitative assessment, or determines, on the basis of qualitative factors, that the fair value of the reporting unit is more likely than not less than the carrying amount, the two-step impairment test would be required. The first step is to compare the fair value of the reporting unit with its carrying amount, including goodwill. If the fair value of the reporting unit exceeds its carrying amount, goodwill is considered not impaired; otherwise, goodwill is impaired and the loss is measured by performing step two. Under step two, the impairment loss is measured by comparing the implied fair value of the reporting unit’s goodwill with the carrying amount of goodwill. Management has determined that the Company has two reporting units, the wholesale reporting unit and the retail reporting unit.

	The Company performs the annual test for impairment in the fourth quarter of the fiscal year and determines fair value based on a combination of the income approach and the market approach. The income approach is based on discounted cash flows to determine fair value. The market approach uses a selection of comparable companies and transactions in determining fair value. The fair value of the trade name is also tested for impairment in the fourth quarter by comparing the carrying value to the fair value. Fair value of a trade name is determined using a relief from royalty method under the income approach, which uses projected revenue allocable to the trade name and an assumed royalty rate (Level 3 measurement, see Note 7, “Fair Value of Financial Instruments”).

	Amortizable intangible assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset or asset group may not be recoverable based on undiscounted cash flows, and, if impaired, written down to fair value based on either discounted cash flows or appraised values. Significant judgment is required in determining whether a potential indicator of impairment of long-lived assets exists and in estimating future cash flows used in the impairment tests (Level 3 measurement, see Note 7, “Fair Value of Financial Instruments”).

	During each of the first quarter of fiscal 2015 and 2014, the Company did not record any impairment charges related to goodwill or other intangible assets.

Derivatives	'
	Derivatives

	The Company accounts for derivative financial instruments in accordance with authoritative guidance for derivative instrument and hedging activities. All financial instrument positions taken by the Company are intended to be used to manage risks associated with interest rate exposures.

	The Company’s derivative financial instruments are recorded on the balance sheet at fair value, and are recorded in either current or noncurrent assets or liabilities based on their maturity. Changes in the fair values of derivatives are recorded in net earnings or other comprehensive income (“OCI”), based on whether the instrument is designated and effective as a hedge transaction and, if so, the type of hedge transaction. Gains or losses on derivative instruments reported in accumulated other comprehensive income (“AOCI”) are reclassified to earnings in the period the hedged item affects earnings. Any ineffectiveness is recognized in earnings in the period incurred.

Income Taxes	'
	Income Taxes

	The Company uses the liability method of accounting for income taxes. Under the liability method, deferred tax assets and liabilities are recognized using enacted tax rates for the effect of temporary differences between the book and tax bases of recorded assets and liabilities. Deferred tax assets are reduced by a valuation allowance if it is more likely than not that some portion or all of the net deferred tax assets will not be realized. The Company’s ability to realize deferred tax assets is assessed throughout the year and a valuation allowance is established accordingly. The Company recognizes the impact of a tax position only if it is more likely than not to be sustained upon examination based on the technical merits of the position. The Company recognizes potential interest and penalties related to uncertain tax positions in income tax expense.

Stock-Based Compensation	'
	Stock-Based Compensation

	The Company accounts for stock-based payment awards based on their fair value. The value of the portion of the award that is ultimately expected to vest is recognized as an expense ratably over the requisite service periods. For awards classified as equity, the Company estimates the fair value for each option award as of the date of grant using the Black-Scholes option pricing model or other appropriate valuation models. The Black-Scholes model considers, among other factors, the expected life of the award and the expected volatility of the stock price. Stock options are generally granted to employees at exercise prices equal to the fair market value of the stock at the dates of grant. Former executive put rights were classified as equity awards and revalued using a binomial model at each reporting period with changes in the fair value recognized as stock-based compensation expense. The fair value of the options granted to the Company’s Chief Executive Officer that will vest based on the Company’s and Parent’s achievement of certain performance hurdles were valued using a Monte Carlo simulation method. Refer to Note 8, “Stock-Based Compensation Plans” for further discussion of stock-based compensation.

Revenue Recognition	'
	Revenue Recognition

	The Company recognizes retail sales in its retail stores at the time the customer takes possession of merchandise. All sales are net of discounts and returns and exclude sales tax. Wholesale sales are recognized in accordance with the shipping terms agreed upon on the purchase order. Wholesale sales are typically recognized free on board origin, where title and risk of loss pass to the buyer when the merchandise leaves the Company’s distribution facility.

	The Company has a gift card program. The Company does not charge administrative fees on gift cards and the Company’s gift cards do not have expiration dates. The Company records the sale of gift cards as a current liability and recognizes a sale when a customer redeems a gift card. The liability for outstanding gift cards is recorded in accrued expenses. The Company has not recorded any breakage income related to its gift card program.

Cost of Sales	'
	Cost of Sales

	Cost of sales includes the cost of inventory, freight in, obsolescence, spoilage, scrap and inventory shrinkage, and is net of discounts and allowances. Cost of sales also includes receiving, warehouse costs and distribution costs (payroll and associated costs, occupancy, transportation to and from stores and depreciation expense). Cash discounts for satisfying early payment terms are recognized when payment is made, and allowances and rebates based upon milestone achievements such as reaching a certain volume of purchases of a vendor’s products are included as a reduction of cost of sales when such contractual milestones are reached. In addition, the Company analyzes its inventory levels and the related cash discounts received to arrive at a value for cash discounts to be included in the inventory balance.

Selling, General and Administrative Expenses	'
	Selling, General and Administrative Expenses

	Selling, general and administrative expenses include the costs of selling merchandise in stores (payroll and associated costs, occupancy and other store-level costs) and corporate costs (payroll and associated costs, occupancy, advertising, professional fees and other corporate administrative costs). Selling, general and administrative expenses also include depreciation and amortization expense relating to these costs.

Leases	'
	Leases

	The Company follows the policy of capitalizing allowable expenditures that relate to the acquisition and signing of its retail store leases. These costs are amortized on a straight-line basis over the applicable lease term.

	The Company recognizes rent expense for operating leases on a straight-line basis (including the effect of reduced or free rent and rent escalations) over the applicable lease term. The difference between the cash paid to the landlord and the amount recognized as rent expense on a straight-line basis is included in deferred rent. Cash reimbursements received from landlords for leasehold improvements and other cash payments received from landlords as lease incentives are recorded as deferred rent. Deferred rent related to landlord incentives is amortized as an offset to rent expense using the straight-line method over the applicable lease term.

	For store closures where a lease obligation still exists, the Company records the estimated future liability associated with the rental obligation on the cease use date (when the store is closed). Liabilities are established at the cease use date for the present value of any remaining operating lease obligations, net of estimated sublease income, and at the communication date for severance and other exit costs. Key assumptions in calculating the liability include the timeframe expected to terminate lease agreements, estimates related to the sublease potential of closed locations, and estimates of other related exit costs. If actual timing and potential termination costs or realization of sublease income differ from the Company’s estimates, the resulting liabilities could vary from recorded amounts. These liabilities are reviewed periodically and adjusted when necessary.

Self-Insured Workers' Compensation Liability	'
	Self-Insured Workers’ Compensation Liability

	The Company self-insures for workers’ compensation claims in California and Texas. The Company establishes a liability for losses from both estimated known and incurred but not reported insurance claims based on reported claims and actuarial valuations of estimated future costs of known and incurred but not yet reported claims. Should an amount of claims greater than anticipated occur, the liability recorded may not be sufficient and additional workers’ compensation costs, which may be significant, could be incurred. The Company has not discounted the projected future cash outlays for the time value of money for claims and claim-related costs when establishing its workers’ compensation liability in its financial reports for May 2, 2014 and January 31, 2014.

Self-Insured Health Insurance Liability	'
	Self-Insured Health Insurance Liability

	The Company self-insures for a portion of its employee medical benefit claims. The liability for the self-funded portion of the Company health insurance program is determined actuarially, based on claims filed and an estimate of claims incurred but not yet reported. The Company maintains stop loss insurance coverage to limit its exposure for the self-funded portion of its health insurance program.

Pre-Opening Costs	'
	Pre-Opening Costs

	The Company expenses, as incurred, pre-opening costs such as payroll, rent and marketing related to the opening of new retail stores.

Advertising	'
	Advertising

	The Company expenses advertising costs as incurred. Advertising expenses were $0.5 million and $1.3 million for the first quarter of fiscal 2015 and 2014, respectively.

Fair Value of Financial Instruments	'
	Fair Value of Financial Instruments

	The Company’s financial instruments consist principally of cash, accounts receivable, interest rate derivatives, accounts payable, accruals, debt, and other liabilities. Cash and interest rate derivatives are measured and recorded at fair value. Accounts receivable and other receivables are financial assets with carrying values that approximate fair value. Accounts payable and other accrued expenses are financial liabilities with carrying values that approximate fair value. Refer to Note 7, “Fair Value of Financial Instruments” for further discussion of the fair value of debt.

	The Company uses the authoritative guidance for fair value, which includes the definition of fair value, the framework for measuring fair value, and disclosures about fair value measurements. Fair value is an exit price, representing the amount that would be received from the sale of an asset or paid to transfer a liability in an orderly transaction between market participants. Fair value measurements reflect the assumptions market participants would use in pricing an asset or liability based on the best information available. Assumptions include the risks inherent in a particular valuation technique (such as a pricing model) and/or the risks inherent in the inputs to the model.

Comprehensive Income	'
	Comprehensive Income

	OCI includes unrealized gains or losses on interest rate derivatives designated as cash flow hedges.

Basis_of_Presentation_and_Summ2

Basis of Presentation and Summary of Significant Accounting Policies (Tables)	3 Months Ended
	2-May-14
Basis of Presentation and Summary of Significant Accounting Policies	'
Schedule of property and equipment useful lives	'

	Owned buildings and improvements	Lesser of 30 years or the estimated useful life of the improvement
	Leasehold improvements	Lesser of the estimated useful life of the improvement or remaining lease term
	Fixtures and equipment	3-5 years
	Transportation equipment	3-5 years
	Information technology systems	For major corporate systems, estimated useful life up to 7 years; for functional stand alone systems, estimated useful life up to 5 years

Goodwill_and_Other_Intangibles1

Goodwill and Other Intangibles (Tables)	3 Months Ended
	2-May-14
Goodwill and Other Intangibles	'
Schedule of goodwill and other intangible assets and liabilities, and unfavorable leases	'
	The following tables set forth the value of the goodwill and other intangible assets and liabilities, and unfavorable leases, respectively (in thousands):

		May 2, 2014								January 31, 2014
		Remaining	Gross		Accumulated			Net		Remaining	Gross		Accumulated			Net
		Amortization	Carrying		Amortization			Carrying		Amortization	Carrying		Amortization			Carrying
		Life	Amount					Amount		Life	Amount					Amount
		(Years)								(Years)
	Indefinite lived intangible assets:
	Goodwill		$	479,745	$	—		$	479,745		$	479,745	$	—		$	479,745
	Trade name		410,000		—			410,000			410,000		—			410,000
	Total indefinite lived intangible assets		$	889,745	$	—		$	889,745		$	889,745	$	—		$	889,745
	Finite lived intangible assets:
	Trademarks	18	$	2,000	$	(231	)	$	1,769	18	$	2,000	$	(206	)	$	1,794
	Bargain Wholesale customer relationships	10	20,000		(3,846		)	16,154		10	20,000		(3,429		)	16,571
	Favorable leases	1 to 15	46,723		(9,840		)	36,883		1 to 15	46,723		(8,777		)	37,946
	Total finite lived intangible assets		68,723		(13,917		)	54,806			68,723		(12,412		)	56,311
	Total goodwill and other intangible assets		$	958,468	$	(13,917	)	$	944,551		$	958,468	$	(12,412	)	$	946,056

		May 2, 2014								January 31, 2014
		Remaining	Gross		Accumulated			Net		Remaining	Gross		Accumulated			Net
		Amortization	Carrying		Amortization			Carrying		Amortization	Carrying		Amortization			Carrying
		Life	Amount					Amount		Life	Amount					Amount
		(Years)								(Years)

	Unfavorable leases	1 to 16	$	19,835	$	(9,005	)	$	10,830	1 to 16	$	19,835	$	(8,117	)	$	11,718

Property_and_Equipment_net_Tab

Property and Equipment, net (Tables)	3 Months Ended
	2-May-14
Property and Equipment, net	'
Schedule of details of property and equipment	'
	The following table provides details of property and equipment (in thousands):

		May 2,			January 31,
		2014			2014
	Land	$	160,446		$	160,446
	Buildings	90,466			90,466
	Buildings improvements	68,066			66,911
	Leasehold improvements	140,858			138,392
	Fixtures and equipment	100,584			93,840
	Transportation equipment	11,836			11,469
	Construction in progress	47,078			42,053
	Total property and equipment	619,334			603,577
	Less: accumulated depreciation and amortization	(128,921		)	(118,531		)
	Property and equipment, net	$	490,413		$	485,046

Comprehensive_Income_Tables

Comprehensive Income (Tables)	3 Months Ended
	2-May-14
Comprehensive Income	'
Schedule of comprehensive (loss) income	'
	The following table sets forth the calculation of comprehensive (loss) income, net of tax effects (in thousands):

		For the First Quarter Ended
		May 2,			April 27,
		2014			2013

	Net income	$	9,575		$	897
	Unrealized losses on interest rate cash flow hedge, net of tax effects of $ (91) and $(95) for the first quarter of fiscal 2015 and 2014, respectively	(136		)	(143		)
	Reclassification adjustment, net of tax effects of $142 and $0 for the first quarter of fiscal 2015 and 2014, respectively	212			—
	Total unrealized gains (losses), net	76			(143		)
	Total comprehensive income	$	9,651		$	754

Debt_Tables

Debt (Tables)	3 Months Ended
	2-May-14
Debt	'
Schedule of short and long-term debt	'
	Short and long-term debt consists of the following (in thousands):

		May 2,		January 31,
		2014		2014

	ABL Facility agreement, maturing January 13, 2017, with available borrowing up to $175,000, interest due quarterly, with unpaid principal and accrued interest due January 13, 2017	$	—	$	—
	First Lien Term Loan Facility agreement, maturing on January 13, 2019, payable in quarterly installments of $1,535, plus interest through December 31, 2019, with unpaid principal and accrued interest due January 13, 2019, net of unamortized OID of $6,571 and $6,886 as of May 2, 2014 and January 31, 2014, respectively	604,171		605,390
	Senior Notes (unsecured) maturing December 15, 2019, unpaid principal and accrued interest due on December 15, 2019	250,000		250,000
	Total long-term debt	854,171		855,390
	Less: current portion of long-term debt	6,138		6,138
	Long-term debt, net of current portion	$	848,033	$	849,252
Schedule of deferred financing costs	'
	As of May 2, 2014 and January 31, 2014, the net deferred financing costs are as follows (in thousands):

	Deferred financing costs	May 2,		January 31,
		2014		2014

	ABL Facility	$	1,658	$	1,812
	First Lien Term Loan Facility	6,745		7,069
	Senior Notes	9,355		9,645
	Total deferred financing costs, net	$	17,758	$	18,526
Schedule of significant components of interest expense	'
	The significant components of interest expense are as follows (in thousands):

		For the First Quarter Ended
		May 2,		April 27,
		2014		2013

	First lien term loan facility	$	7,242	$	6,761
	ABL facility	224		221
	Senior notes	6,875		6,951
	Amortization of deferred financing costs and OID	1,083		1,096
	Other interest expense	5		7
	Interest expense	$	15,429	$	15,036

Derivative_Financial_Instrumen1

Derivative Financial Instruments (Tables)	3 Months Ended
	2-May-14
Derivative Financial Instruments	'
Summary of the recorded amounts included in the consolidated balance sheet	'
	A summary of the recorded amounts included in the consolidated balance sheets is as follows (in thousands):

		May 2,			January 31,
		2014			2014

	Derivatives designated as cash flow hedging instruments
	Interest rate swap (included in other current liabilities)	$	1,612		$	1,607
	Interest rate swap (included in other liabilities)	$	1,093		$	1,346
	Accumulated other comprehensive loss, net of tax (included in member’s equity)	$	1,315		$	1,391
Summary of recorded amounts included in the consolidated statements of comprehensive income (loss)	'
	A summary of recorded amounts included in the unaudited consolidated statements of comprehensive income (loss) is as follows (in thousands):

		For the First Quarter Ended
		May 2,			April 27,
		2014			2013

	Derivatives designated as cash flow hedging instruments:
	Loss related to effective portion of derivative recognized in OCI	$	136		$	143
	Loss related to effective portion of derivatives reclassified from AOCI to interest expense	$	212		$	—
	Gain related to ineffective portion of derivative recognized in interest expense	$	(72	)	$	(130	)

Fair_Value_of_Financial_Instru1

Fair Value of Financial Instruments (Tables)	3 Months Ended
Fair Value of Financial Instruments (Tables)	2-May-14
Fair Value of Financial Instruments	'
Schedule of financial assets and liabilities recorded at fair value on a recurring basis, by level within the fair value hierarchy	'
	The Company uses the best available information in measuring fair value. The following table summarizes, by level within the fair value hierarchy, the financial assets and liabilities recorded at fair value on a recurring basis (in thousands):

		May 2, 2014
		Total		Level 1		Level 2		Level 3
	ASSETS
	Other assets — assets that fund deferred compensation	$	1,159	$	1,159	$	—	$	—
	LIABILITES
	Other current liabilities — interest rate swap	$	1,612	$	—	$	1,612	$	—
	Other long-term liabilities — interest rate swap	$	1,093	$	—	$	1,093	$	—
	Other long-term liabilities — deferred compensation	$	1,159	$	1,159	$	—	$	—


	The following table summarizes, by level within the fair value hierarchy, the financial assets and liabilities recorded at fair value on a recurring basis as of January 31, 2014 (in thousands):

		January 31, 2014
		Total		Level 1		Level 2		Level 3
	ASSETS
	Other assets — assets that fund deferred compensation	$	1,142	$	1,142	$	—	$	—
	LIABILITES
	Other current liabilities — interest rate swap	$	1,607	$	—	$	1,607	$	—
	Other long-term liabilities — interest rate swap	$	1,346	$	—	$	1,346	$	—
	Other long-term liabilities — deferred compensation	$	1,142	$	1,142	$	—	$	—

StockBased_Compensation_Tables

Stock-Based Compensation (Tables)	3 Months Ended
Stock-Based Compensation (Tables)	2-May-14
Stock-Based Compensation	'
Summary of stock option activity	'

		Number of		Weighted Average		Weighted Average
		Shares		Exercise Price		Remaining
						Contractual Life
						(Years)
	Options outstanding at the beginning of the period	42,910		$	1,000
	Granted	—		$	—
	Exercised	—		$	—
	Cancelled	(1,120	)	$	1,059

	Outstanding at the end of the period	41,790		$	1,120	8.3

	Exercisable at the end of the period	6,178		$	1,000	8

	Exercisable and expected to vest at the end of the period	37,211		$	1,104	8.8
Summary of stock awards available for grant	'

		Number of Shares
	Available for grant as of January 31, 2014	42,090
	Authorized	—
	Granted	—
	Cancelled	1,120
	Available for grant at May 2, 2014	43,210

Other_Accrued_Expenses_Tables

Other Accrued Expenses (Tables)	3 Months Ended
	2-May-14
Other Accrued Expenses	'
Schedule of other accrued expenses	'
	Other accrued expenses as of May 2, 2014 and January 31, 2014 are as follows (in thousands):

		May 2,		January 31,
		2014		2014
	Accrued interest	$	15,146	$	8,322
	Accrued occupancy costs	6,996		7,500
	Accrued legal reserves and fees	6,243		7,472
	Accrued professional fees, outside services and advertising	3,268		3,853
	Other	9,698		9,543
	Total other accrued expenses	$	41,351	$	36,690

Financial_Guarantees_Tables

Financial Guarantees (Tables)	3 Months Ended
	2-May-14
Supplemental financial information	'
Schedule of condensed consolidating balance sheets	'
	As of May 2, 2014
	(In thousands)
	(Unaudited)

			Issuer			Subsidiary			Consolidating			Consolidated
						Guarantors			Adjustments
	ASSETS
	Current Assets:
	Cash		$	32,931		$	1,194		$	—		$	34,125
	Accounts receivable, net		1,640			105			—			1,745
	Deferred income taxes		46,953			—			—			46,953
	Inventories, net		191,562			32,703			—			224,265
	Assets held for sale		1,680			—			—			1,680
	Other		15,345			1,711			—			17,056
	Total current assets		290,111			35,713			—			325,824
	Property and equipment, net		426,525			63,888			—			490,413
	Deferred financing costs, net		17,758			—			—			17,758
	Equity investments and advances to subsidiaries		301,049			210,599			(511,648		)	—
	Intangible assets, net		462,334			2,472			—			464,806
	Goodwill		479,745			—			—			479,745
	Deposits and other assets		6,646			535			—			7,181
	Total assets		$	1,984,168		$	313,207		$	(511,648	)	$	1,785,727

	LIABILITIES AND MEMBER’S EQUITY
	Current Liabilities:
	Accounts payable		$	72,043		$	4,730		$	—		$	76,773
	Intercompany payable		210,601			217,316			(427,917		)	—
	Payroll and payroll-related		21,302			1,422			—			22,724
	Sales tax		5,788			681			—			6,469
	Other accrued expenses		38,510			2,841			—			41,351
	Workers’ compensation		72,545			138			—			72,683
	Current portion of long-term debt		6,138			—			—			6,138
	Current portion of capital lease obligation		90			—			—			90
	Total current liabilities		427,017			227,128			(427,917		)	226,228
	Long-term debt, net of current portion		848,033			—			—			848,033
	Unfavorable lease commitments, net		10,527			303			—			10,830
	Deferred rent		12,439			2,045			—			14,484
	Deferred compensation liability		1,159			—			—			1,159
	Capital lease obligation, net of current portion		174			—			—			174
	Long-term deferred income taxes		171,624			—			—			171,624
	Other liabilities		3,794			—			—			3,794
	Total liabilities		1,474,767			229,476			(427,917		)	1,276,326

	Member’s Equity:
	Member units		547,028			—			—			547,028
	Additional paid-in capital		—			99,944			(99,944		)	—
	Investment in Number Holdings, Inc. preferred stock		(19,200		)	—			—			(19,200		)
	Accumulated deficit		(17,112		)	(16,213		)	16,213			(17,112		)
	Other comprehensive loss		(1,315		)	—			—			(1,315		)
	Total equity		509,401			83,731			(83,731		)	509,401
	Total liabilities and equity		$	1,984,168		$	313,207		$	(511,648	)	$	1,785,727

	As of January 31, 2014
	(In thousands)

			Issuer			Subsidiary			Consolidating			Consolidated
						Guarantor			Adjustments
	ASSETS
	Current Assets:
	Cash		$	33,723		$	1,119		$	—		$	34,842
	Accounts receivable, net		1,561			232			—			1,793
	Income taxes receivable		4,498			—			—			4,498
	Deferred income taxes		46,953			—			—			46,953
Inventories, net		177,461			28,783			—			206,244
Assets held for sale		1,680			—			—			1,680
Other		16,646			1,544			—			18,190
Total current assets		282,522			31,678			—			314,200
Property and equipment, net		421,130			63,916			—			485,046
Deferred financing costs, net		18,526			—			—			18,526
Equity investments and advances to subsidiaries		246,594			161,810			(408,404		)	—
Intangible assets, net		463,771			2,540			—			466,311
Goodwill		479,745			—			—			479,745
Deposits and other assets		5,894			512			—			6,406
Total assets		$	1,918,182		$	260,456		$	(408,404	)	$	1,770,234

LIABILITIES AND MEMBER’S EQUITY
Current Liabilities:
Accounts payable		$	63,620		$	7,437		$	—		$	71,057
Intercompany payable		161,811			162,054			(323,865		)	—
Payroll and payroll-related		22,718			1,743			—			24,461
Sales tax		4,992			530			—			5,522
Other accrued expenses		34,506			2,184			—			36,690
Workers’ compensation		73,822			96			—			73,918
Current portion of long-term debt		6,138			—			—			6,138
Current portion of capital lease obligation		88			—			—			88
Total current liabilities		367,695			174,044			(323,865		)	217,874
Long-term debt, net of current portion		849,252			—			—			849,252
Unfavorable lease commitments, net		11,335			383			—			11,718
Deferred rent		11,698			1,490			—			13,188
Deferred compensation liability		1,142			—			—			1,142
Capital lease obligation, net of current portion		197			—			—			197
Long-term deferred income taxes		171,573			—			—			171,573
Other liabilities		6,203			—			—			6,203
Total liabilities		1,419,095			175,917			(323,865		)	1,271,147

Member’s Equity:
Member units		546,365			—			—			546,365
Additional paid-in capital		—			99,943			(99,943		)	—
Investment in Number Holdings, Inc. preferred stock		(19,200		)	—			—			(19,200		)
Accumulated deficit		(26,687		)	(15,404		)	15,404			(26,687		)
Other comprehensive loss		(1,391		)	—			—			(1,391		)
Total equity		499,087			84,539			(84,539		)	499,087
Total liabilities and equity		$	1,918,182		$	260,456		$	(408,404	)	$	1,770,234
Schedule of condensed consolidated statements of comprehensive income (loss)	'
	For the First Quarter Ended May 2, 2014
	(In thousands)
	(Unaudited)

			Issuer			Subsidiary			Consolidating			Consolidated
						Guarantor			Adjustments
	Net Sales:
	Total sales		$	433,033		$	44,864		$	—		$	477,897
	Cost of sales		287,184			33,587			—			320,771
	Gross profit		145,849			11,277			—			157,126
	Selling, general and administrative expenses		113,696			12,086			—			125,782
	Operating income (loss)		32,153			(809		)	—			31,344
	Other (income) expense:
	Interest expense		15,429			—			—			15,429
	Equity in (earnings) loss of subsidiaries		809			—			(809		)	—
	Total other expense, net		16,238			—			(809		)	15,429
	Income (loss) before provision for income taxes		15,915			(809		)	809			15,915
	Provision for income taxes		6,340			—			—			6,340
	Net income (loss)		$	9,575		$	(809	)	$	809		$	9,575
	Comprehensive income		$	9,651		$	—		$	—		$	9,651

	For the First Quarter Ended April 27, 2013
	(In thousands)
	(Unaudited)

			Issuer			Subsidiary			Consolidating			Consolidated
						Guarantor			Adjustments
	Net Sales:
	Total sales		$	406,645		$	38,570		$	—		$	445,215
	Cost of sales		279,082			29,383			—			308,465
	Gross profit		127,563			9,187			—			136,750
	Selling, general and administrative expenses		112,528			11,694			—			124,222
	Operating income (loss)		15,035			(2,507		)	—			12,528
	Other (income) expense:
	Interest income		(54		)	—			—			(54		)
	Interest expense		15,036			—			—			15,036
	Other		4			—			—			4
	Equity in (earnings) loss of subsidiaries		2,507			—			(2,507		)	—
	Total other expense, net		17,493			—			(2,507		)	14,986
	Loss before provision for income taxes		(2,458		)	(2,507		)	2,507			(2,458		)
	Benefit for income taxes		(3,355		)	—			—			(3,355		)
	Net income (loss)		$	897		$	(2,507	)	$	2,507		$	897
	Comprehensive income		$	754		$	—		$	—		$	754
Schedule of condensed consolidated statements of cash flows	'
	For the First Quarter Ended May 2, 2014
	(In thousands)
	(Unaudited)

			Issuer			Subsidiary			Consolidating			Consolidated
						Guarantor			Adjustments
	Cash flows from operating activities:
	Net cash provided by operating activities		$	18,219		$	1,966		$	—		$	20,185
	Cash flows from investing activities:
	Purchases of property and equipment		(17,464		)	(1,899		)	—			(19,363		)
	Proceeds from sales of fixed assets		9			7			—			16
	Investment in subsidiary		(1		)	—			1			—
	Net cash used in investing activities		(17,456		)	(1,892		)	1			(19,347		)
	Cash flows from financing activities:
	Payment of debt		(1,534		)	—			—			(1,534		)
	Payments of capital lease obligation		(21		)	—			—			(21		)
	Capital contributions		—			1			(1		)	—
	Net cash used in financing activities		(1,555		)	1			(1		)	(1,555		)
	Net (decrease) increase in cash		(792		)	75			—			(717		)
	Cash — beginning of period		33,723			1,119			—			34,842
	Cash — end of period		$	32,931		$	1,194		$	—		$	34,125

	For the First Quarter Ended April 27, 2013
	(In thousands)
	(Unaudited)

			Issuer			Subsidiary			Consolidating			Consolidated
						Guarantors			Adjustments
	Cash flows from operating activities:
	Net cash provided by operating activities		$	36,368		$	1,565		$	(832	)	$	37,101
	Cash flows from investing activities:
	Purchases of property and equipment		(14,675		)	(1,599		)	—			(16,274		)
	Proceeds from sale of fixed assets		5			1			—			6
	Net cash used in investing activities		(14,670		)	(1,598		)	—			(16,268		)
	Cash flows from financing activities:
	Payment of debt		(1,309		)	—			—			(1,309		)
	Payments of capital lease obligation		(20		)	—			—			(20		)
	Net cash used in financing activities		(1,329		)	—			—			(1,329		)
	Net increase (decrease) in cash		20,369			(33		)	(832		)	19,504
	Cash — beginning of period		44,911			142			—			45,053
	Cash — end of period		$	65,280		$	109		$	(832	)	$	64,557

Basis_of_Presentation_and_Summ3

Basis of Presentation and Summary of Significant Accounting Policies (Details) (USD $)	3 Months Ended		10 Months Ended	12 Months Ended
	2-May-14	Apr. 27, 2013	Jan. 31, 2014	Jan. 30, 2015
	item	Apr. 27, 2013	item	item
Nature of Business	'	'	'	'
Stores in operation	346	'	'	'
Change in Fiscal Year	'	'	'	'
Number of weeks in period	'	'	44	52
Days In Each Fiscal Quarter	'91 days	'91 days	'	'
Change in Presentation of Financial Statements	'	'	'	'
Reclassification from selling, general and administrative expense to cost of sales	'	$24,000,000	'	'
Cash	'	'	'	'
Number of business days within which the majority of payments are due for the settlement of debit and credit card transactions	'3 days	'	'	'
Cash, FDIC Insured Amount	250,000	'	'	'
Book overdrafts included in accounts payable	17,600,000	'	9,300,000	'
Inventories	'	'	'	'
Reduction in inventory	'	$9,100,000	'	'
California	'	'	'	'
Nature of Business	'	'	'	'
Stores in operation	246	'	'	'
Texas	'	'	'	'
Nature of Business	'	'	'	'
Stores in operation	47	'	'	'
Arizona	'	'	'	'
Nature of Business	'	'	'	'
Stores in operation	35	'	'	'
Nevada	'	'	'	'
Nature of Business	'	'	'	'
Stores in operation	18	'	'	'

Basis_of_Presentation_and_Summ4

Basis of Presentation and Summary of Significant Accounting Policies (Details 2)	3 Months Ended
	2-May-14
Owned buildings and improvements \| Maximum	'
Property and equipment	'
Property, Plant and Equipment, Useful Life	'30 years
Fixtures and equipment \| Minimum	'
Property and equipment	'
Property, Plant and Equipment, Useful Life	'3 years
Fixtures and equipment \| Maximum	'
Property and equipment	'
Property, Plant and Equipment, Useful Life	'5 years
Transportation equipment \| Minimum	'
Property and equipment	'
Property, Plant and Equipment, Useful Life	'3 years
Transportation equipment \| Maximum	'
Property and equipment	'
Property, Plant and Equipment, Useful Life	'5 years
Information and technology major corporate systems \| Maximum	'
Property and equipment	'
Property, Plant and Equipment, Useful Life	'7 years
Information and technology standalone systems \| Maximum	'
Property and equipment	'
Property, Plant and Equipment, Useful Life	'5 years

Basis_of_Presentation_and_Summ5

Basis of Presentation and Summary of Significant Accounting Policies (Details 3) (USD $)	3 Months Ended
In Millions, unless otherwise specified	2-May-14	Apr. 27, 2013
	item	Apr. 27, 2013
Goodwill and Other Intangible assets	'	'
Number of reporting units	2	'
Advertising	'	'
Advertising Expense	$0.50	$1.30

Goodwill_and_Other_Intangibles2

Goodwill and Other Intangibles (Details) (USD $)	3 Months Ended	10 Months Ended
In Thousands, unless otherwise specified	2-May-14	Jan. 31, 2014
Indefinite lived intangible assets:	'	'
Goodwill	$479,745	$479,745
Total indefinite lived intangible assets	889,745	889,745
Finite lived intangible assets:	'	'
Gross Carrying Amount	68,723	68,723
Accumulated Amortization	-13,917	-12,412
Net Carrying Amount	54,806	56,311
Total goodwill and other intangible assets, Gross Carrying Amount	958,468	958,468
Total goodwill and other intangible assets, Net Carrying Amount	944,551	946,056
Trademarks	'	'
Finite lived intangible assets:	'	'
Remaining Amortization Life	'18 years	'18 years
Gross Carrying Amount	2,000	2,000
Accumulated Amortization	-231	-206
Net Carrying Amount	1,769	1,794
Bargain Wholesale customer relationships	'	'
Finite lived intangible assets:	'	'
Remaining Amortization Life	'10 years	'10 years
Gross Carrying Amount	20,000	20,000
Accumulated Amortization	-3,846	-3,429
Net Carrying Amount	16,154	16,571
Favorable leases	'	'
Finite lived intangible assets:	'	'
Gross Carrying Amount	46,723	46,723
Accumulated Amortization	-9,840	-8,777
Net Carrying Amount	36,883	37,946
Favorable leases \| Minimum	'	'
Finite lived intangible assets:	'	'
Remaining Amortization Life	'1 year	'1 year
Favorable leases \| Maximum	'	'
Finite lived intangible assets:	'	'
Remaining Amortization Life	'15 years	'15 years
Trade name	'	'
Indefinite lived intangible assets:	'	'
Net Carrying Amount	$410,000	$410,000

Goodwill_and_Other_Intangibles3

Goodwill and Other Intangibles (Details 2) (USD $)	3 Months Ended	10 Months Ended
In Thousands, unless otherwise specified	2-May-14	Jan. 31, 2014
Unfavorable leases	'	'
Remaining Amortization Life, minimum	'1 year	'1 year
Remaining Amortization Life, maximum	'16 years	'16 years
Gross Carrying Amount	$19,835	$19,835
Accumulated Amortization	-9,005	-8,117
Net Carrying Amount	$10,830	$11,718

Property_and_Equipment_net_Det

Property and Equipment, net (Details) (USD $)	2-May-14	Jan. 31, 2014
In Thousands, unless otherwise specified	2-May-14	Jan. 31, 2014
Property and equipment	'	'
Total property and equipment	$619,334	$603,577
Less: accumulated depreciation and amortization	-128,921	-118,531
Property and equipment, net	490,413	485,046
Land	'	'
Property and equipment	'	'
Total property and equipment	160,446	160,446
Buildings	'	'
Property and equipment	'	'
Total property and equipment	90,466	90,466
Buildings improvements	'	'
Property and equipment	'	'
Total property and equipment	68,066	66,911
Leasehold improvements	'	'
Property and equipment	'	'
Total property and equipment	140,858	138,392
Fixtures and equipment	'	'
Property and equipment	'	'
Total property and equipment	100,584	93,840
Transportation equipment	'	'
Property and equipment	'	'
Total property and equipment	11,836	11,469
Construction in progress	'	'
Property and equipment	'	'
Total property and equipment	$47,078	$42,053

Comprehensive_Income_Details

Comprehensive Income (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	2-May-14	Apr. 27, 2013
Comprehensive Income	'	'
Net income	$9,575	$897
Unrealized losses on interest rate cash flow hedge net of tax effects	-136	-143
Reclassification adjustment, net of tax effects	212	'
Other comprehensive income (loss), net of tax	76	-143
Comprehensive income	9,651	754
Tax effects of unrealized gains (losses) on interest rate cash flow hedge	-91	-95
Tax effect of reclassification adjustment	$142	$0

Debt_Details

Debt (Details) (USD $)

3 Months Ended

0 Months Ended

1 Months Ended

3 Months Ended

10 Months Ended

3 Months Ended

0 Months Ended

3 Months Ended

0 Months Ended

3 Months Ended

0 Months Ended

3 Months Ended

0 Months Ended

3 Months Ended

2-May-14

Apr. 27, 2013

Jan. 31, 2014

2-May-14

Apr. 27, 2013

Jun. 30, 2012

Jan. 31, 2014

Jan. 13, 2012

Jun. 30, 2012

2-May-14

Jun. 30, 2012

2-May-14

Jun. 30, 2012

Apr. 04, 2012

Jan. 13, 2012

Jul. 27, 2013

2-May-14

Apr. 27, 2013

Jan. 31, 2014

2-May-14

Oct. 08, 2013

Apr. 04, 2012

Jan. 13, 2012

2-May-14

Oct. 08, 2013

Apr. 04, 2012

Jan. 13, 2012

2-May-14

Jun. 30, 2012

2-May-14

Apr. 27, 2013

Jan. 31, 2014

Dec. 29, 2011

Apr. 04, 2012

Jun. 30, 2012

Apr. 04, 2012

Oct. 08, 2013

Dec. 28, 2013

99 Cents Only Stores Texas, Inc.

ABL Facility

First Lien Term Loan Facility

Eurocurrency loans

Senior Notes

First Lien Term Loan Facility Amended April 2012

Amended ABL Facility

First Lien Term Loan Facility Amended October 2013

Prime rate

Base rate

Federal funds rate

One month adjusted Eurocurrency rate

LIBOR

Prime rate

Base rate

Federal funds rate

One month adjusted Eurocurrency rate

LIBOR

Interest Rate Swap

Eurocurrency loan

Minimum

Debt

Total long-term debt

$854,171,000

$855,390,000

$604,171,000

$605,390,000

$250,000,000

Less: current portion of long-term debt

6,138,000

Long-term debt, net of current portion

848,033,000

849,252,000

Unamortized OID

6,571,000

6,886,000

Deferred financing costs

Net Amount

17,758,000

18,526,000

1,658,000

1,812,000

6,745,000

7,069,000

9,355,000

9,645,000

Debt Instruments

Amount borrowed

525,000,000

Amount borrowed

100,000,000

Amount outstanding

Increase in borrowing capacity available under certain circumstances

50,000,000

150,000,000

Scheduled quarterly payments as a percentage of original principal amount

0.25%

Variable rate (as a percent)

3.25%

1.50%

Applicable margin (as a percent)

0.50%

1.00%

1.75%

2.50%

3.00%

4.50%

0.50%

1.00%

3.50%

4.00%

5.50%

Description of basis rate use for variable rate

'Prime rate

'Federal Funds Rate

'One month adjusted Eurocurrency rate

'LIBOR

'Prime rate

'Base rate

'federal funds

'One month adjusted Eurocurrency rate

'LIBOR

Term of loan

'7 years

Interest rate, variable interest rate floor (as a percent)

1.00%

1.25%

1.50%

Refinancing costs

11,200,000

Loss on extinguishment of debt

16,300,000

4,400,000

Additional Deferred debt issuance costs

300,000

1,600,000

Percentage of positive consolidated net income to determine a restricted payment under terms of debt instruments

50.00%

Percentage of negative consolidated net income to determine a restricted payment under terms of debt instruments

100.00%

Additional unamortized OID

5,900,000

Capital expenditures

5,000,000

Percentage of maximum credit available used to determine dividend and other payments

15.00%

Amount used to determine dividend and other payments

20,000,000

EBITDA to fixed charges ratio used to determine dividend and other payments

Percentage of maximum credit available used to determine Excess Availability

25.00%

Amount used to determine Excess Availability

40,000,000

Interest rate at the end of the period (as a percent)

4.25%

4.50%

Variable rate at the end of the period (as a percent)

3.25%

1.00%

Applicable margin at the end of the period (as a percent)

3.50%

Percentage of excess cash flow to be used for prepayment of debt

50.00%

Stepdown percentage one of excess cash flow to be used for prepayment of debt

25.00%

Stepdown percentage two of excess cash flow to be used for prepayment of debt (as a percent)

0.00%

Excess cash flow payment required

3,300,000

Aggregate notional amount

261,800,000

Effective fixed interest rate (as a percent)

1.36%

Applicable margin (as a percent)

0.75%

1.00%

3.50%

Fair value

2,700,000

Commitment fee on unused commitments (as a percent)

0.50%

0.38%

Outstanding letters of credit

1,000,000

Amount available

150,300,000

Scheduled quarterly payments

1,300,000

1,535,000

1,500,000

Maximum borrowing capacity

175,000,000

Interest rate (as a percent)

11.00%

Ownership percentage in subsidiary

100.00%

Significant components of interest expense

Interest debt expense

224,000

221,000

7,242,000

6,761,000

6,875,000

6,951,000

Amortization of deferred financing costs and OID

1,083,000

1,096,000

Other interest expense

5,000

7,000

Interest expense

$15,429,000

$15,036,000

Derivative_Financial_Instrumen2

Derivative Financial Instruments (Details) (Derivatives designated as cash flow hedging instruments, USD $)

3 Months Ended

2-May-14

Apr. 27, 2013

2-May-14

Apr. 27, 2013

2-May-14

31-May-12

2-May-14

Jan. 31, 2014

2-May-14

Jan. 31, 2014

2-May-14

Jan. 31, 2014

OCI

Interest expense

Interest Rate Swap

other current liabilities

other liabilities

Accumulated other comprehensive loss, net of tax (included in member's equity)

Derivative Financial Instruments

Aggregate notional amount

$261,800,000

Effective fixed interest rate (as a percent)

1.36%

Applicable margin (as a percent)

3.50%

Fair Value

Derivative liabilities

1,612,000

1,607,000

1,093,000

1,346,000

1,315,000

1,391,000

Recorded amounts included in the consolidated statements of comprehensive income (loss)

Loss related to effective portion of derivative recognized in OCI

136,000

143,000

Loss related to effective portion of derivatives reclassified from AOCI to interest expense

212,000

Gain related to ineffective portion of derivative recognized in interest expense

($72,000)

($130,000)

Fair_Value_of_Financial_Instru2

Fair Value of Financial Instruments (Details) (Fair value measurements on a recurring basis, USD $)	2-May-14	Jan. 31, 2014
In Thousands, unless otherwise specified	2-May-14	Jan. 31, 2014
Total	'	'
ASSETS	'	'
Other assets - assets that fund deferred compensation	$1,159	$1,142
LIABILITES	'	'
Other long-term liabilities - deferred compensation	1,159	1,142
Total \| Interest Rate Swap	'	'
LIABILITES	'	'
Other current liabilities - interest rate swap	1,612	1,607
Other long-term liabilities - interest rate swap	1,093	1,346
Level 1	'	'
ASSETS	'	'
Other assets - assets that fund deferred compensation	1,159	1,142
LIABILITES	'	'
Other long-term liabilities - deferred compensation	1,159	1,142
Level 2 \| Interest Rate Swap	'	'
LIABILITES	'	'
Other current liabilities - interest rate swap	1,612	1,607
Other long-term liabilities - interest rate swap	$1,093	$1,346

Fair_Value_of_Financial_Instru3

Fair Value of Financial Instruments (Details 2) (Senior Notes, Level 1, USD $)	3 Months Ended	10 Months Ended
In Millions, unless otherwise specified	2-May-14	Jan. 31, 2014
Senior Notes \| Level 1	'	'
Fair value of financial instruments	'	'
Estimated fair value of debt instrument	$282.50	$282.50
Fair value adjustment to liability incurred or settled	$32.50	$32.50

StockBased_Compensation_Detail

Stock-Based Compensation (Details) (USD $)

3 Months Ended

0 Months Ended

3 Months Ended

0 Months Ended

3 Months Ended

0 Months Ended

2-May-14

Apr. 27, 2013

Sep. 27, 2013

Feb. 27, 2012

2-May-14

Oct. 09, 2013

2-May-14

Oct. 09, 2013

2-May-14

Oct. 09, 2013

2-May-14

Amended 2012 Plan

Class A Common Stock

Class B Common Stock

Employee Option Grants

Number Holdings, Inc.

2012 Plan's

Number Holdings, Inc.

Chief Executive Officer

Executives and board

2012 Plan's

Class A and Class B Common Stock

Number Holdings, Inc.

Chief Executive Officer

Management

Time-based service options

Time-based service awards vesting on the first anniversary of the date of the award

Time-based service awards vesting on the second anniversary of the date of the award

Time-based service awards vesting on the third anniversary of the date of the award

Time-based service awards vesting on the fourth anniversary of the date of the award

Options vesting on the achievement of performance

Number Holdings, Inc.

Stock-based compensation

Number of shares authorized under the plan

85,000

74,603

Options outstanding (in shares)

19,535

41,790

Vesting period

'5 years

'4 years

'5 years

Expiration term

'10 years

Granted (in shares)

21,505

Period of rights repurchases after the date of participant's termination of employment

'180 days

Period of rights repurchases from the latest date that an option can be exercised

'90 days

Vesting percentage

30.00%

20.00%

25.00%

Percentage of options that vest based on time-based service

75.00%

Stock-Based Compensation

Stock-based compensation

$663,000

($54,000)

Share-based compensation costs, additional disclosure

Total unrecognized compensation cost related to non-vested options

$14,600,000

Number of Shares

Options outstanding at the beginning of the period (in shares)

42,910

41,790

Cancelled (in shares)

-1,120

Outstanding at the end of the period (in shares)

19,535

41,790

Exercisable at the end of the period (in shares)

6,178

Exercisable and expected to vest at the end of the period (in shares)

37,211

Weighted Average Exercise Price

Options outstanding at the beginning of the period (in dollars per share)

$1,000

Cancelled (in dollars per share)

$1,059

Outstanding at the end of the period (in dollars per share)

$1,120

Exercisable at the end of the period (in dollars per share)

$1,000

Exercisable and expected to vest at the end of the period (in dollars per share)

$1,104

Weighted Average Remaining Contractual Life

Outstanding at the end of the period

'8 years 3 months 18 days

Exercisable at the end of the period

'8 years

Exercisable and expected to vest at the end of the period

'8 years 9 months 18 days

Stock awards available for grant under the 2012 Plan

Available for grant at the beginning of the period (in shares)

42,090

Cancelled (in shares)

1,120

Available for grant at the end of the period (in shares)

43,210

RelatedParty_Details

Related-Party (Details) (USD $)	2-May-14	Jan. 31, 2014	Apr. 30, 2014	Apr. 30, 2014	Apr. 30, 2014	Apr. 30, 2014	Apr. 30, 2014	Apr. 30, 2014
In Millions, except Share data, unless otherwise specified	Ares	Ares	Mr. Anicetti's	Mr. Anicetti's	Mr. Anicetti's	Mr. Fung	Mr. Fung	Mr. Fung
	First Lien Term Loan Facility Amended October 2013	First Lien Term Loan Facility Amended October 2013	Parent	Parent	Parent	Parent	Parent	Parent
			Stock Purchase Agreement	Stock Purchase Agreement	Stock Purchase Agreement	Stock Purchase Agreement	Stock Purchase Agreement	Stock Purchase Agreement
				Class A Common Stock	Class B Common Stock		Class A Common Stock	Class B Common Stock
Related-Party Transactions	'	'	'	'	'	'	'	'
Number of shares issued	'	'	'	354	354	'	310	310
Aggregate purchase price	'	'	$0.50	'	'	$0.40	'	'
Amount borrowed	$3.40	$3.40	'	'	'	'	'	'

Income_Taxes_Details

Income Taxes (Details)	3 Months Ended
Income Taxes (Details)	2-May-14	Apr. 27, 2013
Income Taxes	'	'
Effective income taxes rate (as a percent)	39.80%	136.50%

Commitments_and_Contingencies_

Commitments and Contingencies (Details) (USD $)	3 Months Ended
Commitments and Contingencies (Details) (USD $)	2-May-14	Jan. 31, 2014
Commitments and contingencies	'	'
Estimated workers' compensation claims	$72,683,000	$73,918,000
Penalties or costs demanded	0	'
Wage and Hour Matters \| Shelley Pickett v. 99 Cents Only Stores \| Minimum	'	'
Commitments and contingencies	'	'
Civil penalties per violation, per each pay period for each affected employee	100	'
Wage and Hour Matters \| Shelley Pickett v. 99 Cents Only Stores \| Maximum	'	'
Commitments and contingencies	'	'
Civil penalties per violation, per each pay period for each affected employee	200	'
Health Insurance	'	'
Commitments and contingencies	'	'
Self Insured Health Insurance Liability	600,000	600,000
Texas \| Workers' Compensation	'	'
Commitments and contingencies	'	'
Estimated workers' compensation claims	100,000	'
Texas \| Workers' Compensation \| Maximum	'	'
Commitments and contingencies	'	'
Estimated workers' compensation claims	'	100,000
California \| Workers' Compensation	'	'
Commitments and contingencies	'	'
Estimated workers' compensation claims	$72,600,000	$73,800,000

Assets_Held_for_Sale_Details

Assets Held for Sale (Details) (Rancho Mirage land, USD $)	2-May-14
In Millions, unless otherwise specified	2-May-14
Rancho Mirage land	'
Assets held for sale	'
Carrying value of land held for sale	$1.70

Other_Accrued_Expenses_Details

Other Accrued Expenses (Details) (USD $)	2-May-14	Jan. 31, 2014
In Thousands, unless otherwise specified	2-May-14	Jan. 31, 2014
Other accrued expenses	'	'
Accrued interest	$15,146	$8,322
Accrued occupancy costs	6,996	7,500
Accrued legal reserves and fees	6,243	7,472
Accrued professional fees, outside services and advertising	3,268	3,853
Other	9,698	9,543
Total other accrued expenses	$41,351	$36,690

Financial_Guarantees_Details

Financial Guarantees (Details) (USD $)

2-May-14

Jan. 31, 2014

Apr. 27, 2013

Jan. 26, 2013

2-May-14

Jan. 31, 2014

Apr. 27, 2013

Jan. 26, 2013

Dec. 29, 2011

2-May-14

Jan. 31, 2014

Apr. 27, 2013

Jan. 26, 2013

2-May-14

Jan. 31, 2014

Apr. 27, 2013

2-May-14

Issuer

Subsidiary Guarantors

Consolidating Adjustments

99 Cents Only Stores Texas, Inc.

Senior Notes

Predecessor

Supplemental financial information

Principal amount of debt instrument issued

$250,000,000

Ownership percentage in subsidiary

100.00%

Current Assets:

Cash

34,125,000

34,842,000

64,557,000

45,053,000

32,931,000

33,723,000

65,280,000

44,911,000

1,194,000

1,119,000

109,000

142,000

-832,000

Accounts receivable, net

1,745,000

1,793,000

1,640,000

1,561,000

105,000

232,000

Income taxes receivable

4,498,000

Deferred income taxes

46,953,000

Inventories, net

224,265,000

206,244,000

191,562,000

177,461,000

32,703,000

28,783,000

Assets held for sale

1,680,000

Other

17,056,000

18,190,000

15,345,000

16,646,000

1,711,000

1,544,000

Total current assets

325,824,000

314,200,000

290,111,000

282,522,000

35,713,000

31,678,000

Property and equipment, net

490,413,000

485,046,000

426,525,000

421,130,000

63,888,000

63,916,000

Deferred financing costs, net

17,758,000

18,526,000

17,758,000

18,526,000

Equity investments and advances to subsidiaries

301,049,000

246,594,000

210,599,000

161,810,000

-511,648,000

-408,404,000

Intangible assets, net

464,806,000

466,311,000

462,334,000

463,771,000

2,472,000

2,540,000

Goodwill

479,745,000

Deposits and other assets

7,181,000

6,406,000

6,646,000

5,894,000

535,000

512,000

Total assets

1,785,727,000

1,770,234,000

1,984,168,000

1,918,182,000

313,207,000

260,456,000

-511,648,000

-408,404,000

Current Liabilities:

Accounts payable

76,773,000

71,057,000

72,043,000

63,620,000

4,730,000

7,437,000

Intercompany payable

210,601,000

161,811,000

217,316,000

162,054,000

-427,917,000

-323,865,000

Payroll and payroll-related

22,724,000

24,461,000

21,302,000

22,718,000

1,422,000

1,743,000

Sales tax

6,469,000

5,522,000

5,788,000

4,992,000

681,000

530,000

Other accrued expenses

41,351,000

36,690,000

38,510,000

34,506,000

2,841,000

2,184,000

Workers' compensation

72,683,000

73,918,000

72,545,000

73,822,000

138,000

96,000

Current portion of long-term debt

6,138,000

Current portion of capital lease obligation

90,000

88,000

90,000

88,000

Total current liabilities

226,228,000

217,874,000

427,017,000

367,695,000

227,128,000

174,044,000

-427,917,000

-323,865,000

Long-term debt, net of current portion

848,033,000

849,252,000

848,033,000

849,252,000

Unfavorable lease commitments, net

10,830,000

11,718,000

10,527,000

11,335,000

303,000

383,000

Deferred rent

14,484,000

13,188,000

12,439,000

11,698,000

2,045,000

1,490,000

Deferred compensation liability

1,159,000

1,142,000

1,159,000

1,142,000

Capital lease obligation, net of current portion

174,000

197,000

174,000

197,000

Long-term deferred income taxes

171,624,000

171,573,000

171,624,000

171,573,000

Other liabilities

3,794,000

6,203,000

3,794,000

6,203,000

Total liabilities

1,276,326,000

1,271,147,000

1,474,767,000

1,419,095,000

229,476,000

175,917,000

-427,917,000

-323,865,000

Member's Equity

Member units

547,028,000

546,365,000

547,028,000

546,365,000

Additional paid-in capital

99,944,000

99,943,000

-99,944,000

-99,943,000

Investment in Number Holdings, Inc. preferred stock

-19,200,000

Accumulated deficit

-17,112,000

-26,687,000

-17,112,000

-26,687,000

-16,213,000

-15,404,000

16,213,000

15,404,000

Other comprehensive loss

-1,315,000

-1,391,000

-1,315,000

-1,391,000

Total equity

509,401,000

499,087,000

509,401,000

499,087,000

83,731,000

84,539,000

-83,731,000

-84,539,000

Total liabilities and equity

$1,785,727,000

$1,770,234,000

$1,984,168,000

$1,918,182,000

$313,207,000

$260,456,000

($511,648,000)

($408,404,000)

Financial_Guarantees_Details_2

Financial Guarantees (Details 2) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	2-May-14	Apr. 27, 2013
Net Sales:	'	'
Total sales	$477,897	$445,215
Cost of sales	320,771	308,465
Gross profit	157,126	136,750
Selling, general and administrative expenses	125,782	124,222
Operating income	31,344	12,528
Other (income) expense:	'	'
Interest income	'	-54
Interest expense	15,429	15,036
Other	'	4
Total other expense, net	15,429	14,986
Income (loss) before provision for income taxes	15,915	-2,458
Provision for income taxes	6,340	-3,355
Net income	9,575	897
Comprehensive income	9,651	754
Issuer	'	'
Net Sales:	'	'
Total sales	433,033	406,645
Cost of sales	287,184	279,082
Gross profit	145,849	127,563
Selling, general and administrative expenses	113,696	112,528
Operating income	32,153	15,035
Other (income) expense:	'	'
Interest income	'	-54
Interest expense	15,429	15,036
Other	'	4
Equity in (earnings) loss of subsidiaries	809	2,507
Total other expense, net	16,238	17,493
Income (loss) before provision for income taxes	15,915	-2,458
Provision for income taxes	6,340	-3,355
Net income	9,575	897
Comprehensive income	9,651	754
Subsidiary Guarantors	'	'
Net Sales:	'	'
Total sales	44,864	38,570
Cost of sales	33,587	29,383
Gross profit	11,277	9,187
Selling, general and administrative expenses	12,086	11,694
Operating income	-809	-2,507
Other (income) expense:	'	'
Income (loss) before provision for income taxes	-809	-2,507
Net income	-809	-2,507
Consolidating Adjustments	'	'
Other (income) expense:	'	'
Equity in (earnings) loss of subsidiaries	-809	-2,507
Total other expense, net	-809	-2,507
Income (loss) before provision for income taxes	809	2,507
Net income	$809	$2,507

Financial_Guarantees_Details_3

Financial Guarantees (Details 3) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	2-May-14	Apr. 27, 2013
Cash flows from operating activities:	'	'
Net cash provided by operating activities	$20,185	$37,101
Cash flows from investing activities:	'	'
Purchases of property and equipment	-19,363	-16,274
Proceeds from sales of fixed assets	16	6
Net cash used in investing activities	-19,347	-16,268
Cash flows from financing activities:	'	'
Payment of debt	-1,534	-1,309
Payments of capital lease obligation	-21	-20
Net cash used in financing activities	-1,555	-1,329
Net (decrease) increase in cash	-717	19,504
Cash - beginning of period	34,842	45,053
Cash - end of period	34,125	64,557
Issuer	'	'
Cash flows from operating activities:	'	'
Net cash provided by operating activities	18,219	36,368
Cash flows from investing activities:	'	'
Purchases of property and equipment	-17,464	-14,675
Proceeds from sales of fixed assets	9	5
Investment in subsidiary	-1	'
Net cash used in investing activities	-17,456	-14,670
Cash flows from financing activities:	'	'
Payment of debt	-1,534	-1,309
Payments of capital lease obligation	-21	-20
Net cash used in financing activities	-1,555	-1,329
Net (decrease) increase in cash	-792	20,369
Cash - beginning of period	33,723	44,911
Cash - end of period	32,931	65,280
Subsidiary Guarantors	'	'
Cash flows from operating activities:	'	'
Net cash provided by operating activities	1,966	1,565
Cash flows from investing activities:	'	'
Purchases of property and equipment	-1,899	-1,599
Proceeds from sales of fixed assets	7	1
Net cash used in investing activities	-1,892	-1,598
Cash flows from financing activities:	'	'
Capital contributions	1	'
Net cash used in financing activities	1	'
Net (decrease) increase in cash	75	-33
Cash - beginning of period	1,119	142
Cash - end of period	1,194	109
Consolidating Adjustments	'	'
Cash flows from operating activities:	'	'
Net cash provided by operating activities	'	-832
Cash flows from investing activities:	'	'
Investment in subsidiary	1	'
Net cash used in investing activities	1	'
Cash flows from financing activities:	'	'
Capital contributions	-1	'
Net cash used in financing activities	-1	'
Net (decrease) increase in cash	'	-832
Cash - end of period	'	($832)