Hastings Entertainment (HAST) Inactive 10-Q6 Dec 132013 Q3 Quarterly reportFinancial data

Company Profile

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
Document and Entity Information	Oct. 31, 2013
Document And Entity Information [Line Items]	'
Document Type	'10-Q
Amendment Flag	'false
Document Period End Date	31-Oct-13
Document Fiscal Year Focus	'2013
Document Fiscal Period Focus	'Q3
Entity Registrant Name	'HASTINGS ENTERTAINMENT INC
Entity Central Index Key	'0001054579
Current Fiscal Year End Date	'--01-31
Entity Filer Category	'Smaller Reporting Company
Entity Common Stock, Shares Outstanding	8,143,317

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Oct. 31, 2013	Jan. 31, 2013
In Thousands, unless otherwise specified	Oct. 31, 2013	Jan. 31, 2013
Current assets:	'	'
Cash and cash equivalents	$3,555	$3,730
Merchandise inventories, net	165,120	145,337
Prepaid expenses and other current assets	10,631	10,427
Total current assets	179,306	159,494
Rental assets, net of accumulated depreciation of $17,041 and $18,827 at October 31, 2013 and January 31, 2013, respectively	10,696	11,353
Property, equipment and improvements, net of accumulated depreciation of $227,979 and $227,469 at October 31, 2013 and January 31, 2013, respectively	30,106	32,099
Intangible assets, net	244	244
Other assets	602	2,792
Total Assets	220,954	205,982
Current liabilities:	'	'
Trade accounts payable	70,137	54,928
Accrued expenses and other current liabilities	28,359	27,396
Total current liabilities	98,496	82,324
Long term debt	55,430	41,805
Deferred income taxes	58	50
Other liabilities	5,337	7,828
Shareholdersâ€™ equity:	'	'
Preferred stock, $.01 par value; 5,000,000 shares authorized; none issued	'	'
Common stock, $.01 par value; 75,000,000 shares authorized; 11,944,544 shares issued and 8,143,317 shares outstanding at October 31, 2013; 11,944,544 shares issued and 8,146,513 shares outstanding at January 31, 2013	119	119
Additional paid-in capital	36,356	36,375
Retained earnings	46,126	58,642
Accumulated other comprehensive income	368	247
Treasury stock, at cost 3,801,227 shares and 3,798,031 shares at October 31, 2013and January 31, 2013, respectively	-21,336	-21,408
Total Shareholdersâ€™ Equity	61,633	73,975
Total Liabilities and Shareholdersâ€™ Equity	$220,954	$205,982

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (USD $)	Oct. 31, 2013	Jan. 31, 2013
In Thousands, except Share data, unless otherwise specified	Oct. 31, 2013	Jan. 31, 2013
Accumulated depreciation of rental assets	$17,041	$18,827
Accumulated depreciation of property, equipment and improvements	$227,979	$227,469
Preferred stock, par value	$0.01	$0.01
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	0	0
Common stock, par value	$0.01	$0.01
Common stock, shares authorized	75,000,000	75,000,000
Common stock, shares issued	11,944,544	11,944,544
Common stock, shares outstanding	8,143,317	8,146,513
Treasury stock, shares	3,801,227	3,798,031

Consolidated_Statements_of_Ope

Consolidated Statements of Operations (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Oct. 31, 2013	Oct. 31, 2012	Oct. 31, 2013	Oct. 31, 2012
Merchandise revenue	$82,472	$87,908	$260,067	$276,741
Rental revenue	12,106	13,325	39,223	44,238
Gift card breakage revenue	94	87	291	-119
Total revenues	94,672	101,320	299,581	320,860
Merchandise cost of revenue	56,398	60,571	176,527	187,150
Rental cost of revenue	4,333	4,482	13,703	15,035
Total cost of revenues	60,731	65,053	190,230	202,185
Gross profit	33,941	36,267	109,351	118,675
Selling, general and administrative expenses	40,337	43,957	121,471	128,282
Operating loss	-6,396	-7,690	-12,120	-9,607
Other income (expense):	'	'	'	'
Interest expense, net	-343	-301	-938	-871
Other, net	109	34	232	129
Loss before income taxes	-6,630	-7,957	-12,826	-10,349
Income tax expense (benefit)	-422	42	-310	174
Net loss	($6,208)	($7,999)	($12,516)	($10,523)
Basic loss per share	($0.76)	($0.98)	($1.54)	($1.28)
Diluted loss per share	($0.76)	($0.98)	($1.54)	($1.28)
Weighted-average common shares outstanding:	'	'	'	'
Basic	8,143	8,165	8,142	8,214
Dilutive effect of stock awards	'	'	'	'
Diluted	8,143	8,165	8,142	8,214

Consolidated_Statements_of_Com

Consolidated Statements of Comprehensive Loss (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Oct. 31, 2013	Oct. 31, 2012	Oct. 31, 2013	Oct. 31, 2012
Net loss	($6,208)	($7,999)	($12,516)	($10,523)
Other comprehensive income before income taxes	'	'	'	'
Unrealized gains in investments available for sale in Supplemental Executive Retirement Plan	71	40	164	76
Reclassification adjustment realized in net loss, included in Other Income (Expense)	-43	'	-43	'
Other comprehensive income, before income taxes	28	40	121	76
Income taxes related to components of other comprehensive income	'	'	'	'
Other comprehensive income, net of income taxes	28	40	121	76
Total comprehensive loss	($6,180)	($7,959)	($12,395)	($10,447)

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Oct. 31, 2013	Oct. 31, 2012
Cash flows from operating activities:	'	'
Net loss	($12,516)	($10,523)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:	'	'
Rental asset depreciation expense	2,865	4,466
Purchases of rental assets	-5,982	-8,350
Property, equipment and improvements depreciation expense	9,667	11,374
Deferred income taxes	8	5
Loss on rental assets lost, stolen and defective	370	605
Loss on disposal or impairment of property and equipment, excluding rental assets	111	182
Non-cash stock-based compensation	123	539
Changes in operating assets and liabilities:	'	'
Merchandise inventories, net	-16,378	-11,977
Prepaid expenses and other current assets	1,708	5,509
Trade accounts payable	16,028	21,034
Accrued expenses and other current liabilities	-644	1,282
Other assets and liabilities, net	-486	-392
Net cash provided by (used in) operating activities	-5,126	13,754
Cash flows from investing activities:	'	'
Purchases of property, equipment and improvements	-7,786	-6,557
Net cash used in investing activities	-7,786	-6,557
Cash flows from financing activities:	'	'
Borrowings under revolving credit facility	319,391	312,039
Repayments under revolving credit facility	-305,765	-321,805
Purchase of treasury stock	-128	-357
Change in cash overdraft	-819	2,209
Proceeds from exercise of stock options	58	'
Net cash provided by (used in) financing activities	12,737	-7,914
Net decrease in cash and cash equivalents	-175	-717
Cash and cash equivalents at beginning of period	3,730	4,172
Cash and cash equivalents at end of period	$3,555	$3,455

Basis_of_Presentation

Basis of Presentation	9 Months Ended
Basis of Presentation	Oct. 31, 2013
Basis of Presentation	'
	1. Basis of Presentation
	The accompanying unaudited consolidated financial statements of Hastings Entertainment, Inc. and its subsidiary (“Hastings,” the “Company,” “we,” “our,” or “us”) have been prepared in accordance with U.S. generally accepted accounting principles for interim financial information and with instructions in Form 10-Q and Article 10 of Regulation S-X. Certain information and footnote disclosures normally included in annual financial statements prepared in accordance with U.S. generally accepted accounting principles have been condensed or omitted pursuant to such principles and regulations of the Securities and Exchange Commission. All adjustments, consisting of normal recurring adjustments, have been made which, in the opinion of management, are necessary for a fair presentation of the results of interim periods. The results of operations for such interim periods are not necessarily indicative of the results that may be expected for a full year because of, among other things, seasonality factors in the retail business. As is the case with many retailers, a significant portion of our revenues, and an even greater portion of our operating earnings, is generated in the fourth fiscal quarter, which includes the holiday selling season. The unaudited consolidated financial statements contained herein should be read in conjunction with the audited consolidated financial statements and notes thereto included in our Annual Report on Form 10-K for the fiscal year ended January 31, 2013.
	The consolidated balance sheet at January 31, 2013 has been derived from the audited consolidated financial statements at that date but does not include all of the information and notes required by U.S. generally accepted accounting principles for complete financial statements. For further information, refer to the consolidated financial statements and notes thereto included in our Annual Report on Form 10-K for the fiscal year ended January 31, 2013.
	Our fiscal year ends on January 31 and is identified as the fiscal year for the immediately preceding calendar year. For example, the fiscal year that will end on January 31, 2014 is referred to as fiscal year 2013.

StockBased_Compensation

Stock-Based Compensation	9 Months Ended
Stock-Based Compensation	Oct. 31, 2013
Stock-Based Compensation	'
	2. Stock-Based Compensation
	We have various stock incentive plans, which allow us to issue stock options, stock appreciation rights, restricted shares, restricted stock units, performance awards and other awards. Stock-based compensation is discussed more fully in Note 13 to the Audited Consolidated Financial Statements in our Annual Report on Form 10-K for the fiscal year ended January 31, 2013.
	For the three months ended October 31, 2013 and 2012, we recognized approximately $30,000 and $168,000, respectively, of stock-based compensation expense. For the nine months ended October 31, 2013 and 2012, we recognized approximately $123,000 and $539,000, respectively, of stock-based compensation expense. These amounts include expense related to incentive stock options, non-qualified stock options, and restricted stock units.
	As of October 31, 2013, we had 273,059 shares available to grant as stock-based compensation awards under our various stock incentive plans.

Store_Closing_Reserve

Store Closing Reserve	9 Months Ended
	Oct. 31, 2013
Store Closing Reserve	'
	3. Store Closing Reserve
	From time to time and in the normal course of business, we evaluate our store base to determine if we need to close a store. Such evaluations include consideration of, among other factors, current and future expected profitability, market trends, age of store and lease status.
	Amounts in “Accrued expenses and other current liabilities” and “Other liabilities” in the consolidated balance sheet at October 31, 2013 included accruals for the net present value of future minimum lease payments, net of estimated sublease income, attributable to closed or relocated stores. Expenses related to store closings are included in SG&A expenses in the consolidated statements of operations.
	The following table provides a roll-forward of our store closing reserve:

		Store Closing
		Reserve
	Balance at January 31, 2013	$	2,105
	Additions to provision		250
	Changes in estimates		69
	Cash outlay, net		(1,281	)
	Balance at October 31, 2013	$	1,143

Longterm_Debt

Long-term Debt	9 Months Ended
Long-term Debt	Oct. 31, 2013
Long-term Debt	'
	4. Long-term Debt
	On January 4, 2013, we entered into an Amended and Restated Loan and Security Agreement with Bank of America, N.A., as lender and agent (as subsequently amended, the “Credit Agreement”). The Credit Agreement provides for a revolving credit facility of $115 million, allows for the payment of dividends, has a maturity date of January 4, 2017, and provides that we may repurchase up to $10 million worth of our common stock. The Credit Agreement also provides that we may repurchase additional shares of our common stock in the event we meet certain criteria set forth in the Credit Agreement. The Credit Agreement includes certain debt and acquisition limitations and requires a minimum Availability (as defined in the Credit Agreement) that is greater than or equal to $10 million at all times. Our obligations under the Credit Agreement are secured by a pledge of substantially all of the assets of the Company and our subsidiary and are guaranteed by our subsidiary.
	The amount outstanding under the Credit Agreement is limited by a borrowing base predicated on the sum of (a) 85% of Eligible Credit Card Receivables plus (b) either (i) at all times during the year, other than those stated in (ii), 90% of the liquidation value of eligible inventory or (ii) from September 1^st through and including December 27^th of each year, 92.5% of the liquidation value of eligible inventory, less (c) Availability Reserves and is limited to a ceiling of $115 million, less a minimum availability reserve that is greater than or equal to 10% of the lesser of (a) the Borrowing Base, or (b) the Revolving Credit Ceiling (each term as defined in the Credit Agreement), provided however that we must also maintain Availability that is greater than or equal to $10 million at all times. The lender may increase specifically defined reserves to reduce availability in the event of adverse changes in our industry or our financial condition that are projected to impact the value of our assets pledged as collateral. The lender must exercise reasonable judgment and act in good faith with respect to any changes in the specifically defined reserves.
	Interest under the Credit Agreement will accrue, at our election, at a Base Rate or Libor Rate, plus, in each case, an Applicable Margin, which is determined by reference to the level of Availability as defined in the Credit Agreement, with the Applicable Margin for Libor Rate loans ranging from 2.00% to 2.50% and the Applicable Margin for Base Rate (each term as defined in the Credit Agreement) loans ranging from 1.00% to 1.50%. In addition, unused line fees ranging from 0.30% to 0.375% (determined by reference to the level of usage under the Credit Agreement) are also payable on unused commitments.
	We utilize standby letters of credit to support certain insurance policies. The aggregate amount of the letters of credit at October 31, 2013, was approximately $0.8 million, which reduces the excess availability under the Credit Agreement.
	At October 31, 2013, we had approximately $47.8 million in excess availability, after the availability reserve, under the Amended Agreement. The average rates of interest incurred for the three months ended October 31, 2013 and 2012 were 2.4% and 2.5%, respectively. The average rate of interest incurred for the nine months ended October 31, 2013 and 2012 was 2.5%. Deferred financing costs that were amortized into interest expense during the three and nine months ended October 31, 2013 and 2012 are excluded from the calculation of the average rate of interest for each respective period.

Loss_Per_Share

Loss Per Share	9 Months Ended
	Oct. 31, 2013
Loss Per Share	'
	5. Loss per Share
	The computations for basic and diluted loss per share are as follows:

		Three Months Ended								Nine Months Ended
		October 31,								October 31,
		2013			2012			2013							2012
	Net loss	$	(6,208	)	$	(7,999	)	$				(12,516	)		$		(10,523	)
	Average shares outstanding:
	Basic		8,143			8,165						8,142					8,214
	Effect of stock awards		—			—						—					—
	Diluted		8,143			8,165						8,142					8,214
	Loss per share:
	Basic	$	(0.76	)	$	(0.98	)	$				(1.54	)		$		(1.28	)
	Diluted	$	(0.76	)	$	(0.98	)	$				(1.54	)		$		(1.28	)
	The following options to purchase shares of common stock were not included in the computation of diluted loss per share because their inclusion would have been antidilutive:

		Three Months Ended						Nine Months Ended
		October 31,						October 31,
		2013			2012				2013					2012
	Shares of common stock underlying options		544			652					544					652
	Exercise price range per share	$	1.69 to $8.70		$	1.69 to $9.67			$		1.69 to $8.70			$		1.69 to $9.67

Fair_Value_Measurements

Fair Value Measurements	9 Months Ended
Fair Value Measurements	Oct. 31, 2013
Fair Value Measurements	'
	6. Fair Value Measurements
	We account for certain assets and liabilities at fair value. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The hierarchy below lists three levels of fair value based on the extent to which inputs used in measuring fair value are observable in the market. These levels are:
	 Level 1 – Observable inputs – quoted prices in active markets for identical assets and liabilities;
	 Level 2 – Observable inputs other than quoted prices in active markets for identical assets and liabilities – includes quoted prices for similar instruments, quoted prices for identical or similar instruments in inactive markets, and amounts derived from valuation models where all significant inputs are observable in active markets; and
	 Level 3 – Unobservable inputs – includes amounts derived from valuation models where one or more significant inputs are unobservable and require us to develop relevant assumptions.
	At October 31, 2013 and January 31, 2013, we had approximately $1.9 million and $2.1 million, respectively, in assets which are carried at fair value on a recurring basis. These assets consist of available-for-sale investments related to our non-qualified supplemental executive retirement plan (“SERP”). The fair value of these investments was determined using Level 1 inputs. On February 25, 2013, the Board of Directors approved the termination of the SERP, and distributions commenced in September 2013 with the expectation that the distributions will be completed by February 2014. Consequently, these assets were reclassified from Other Assets to Prepaid Expenses and Other Current Assets during the first quarter of fiscal 2013.
	Our long-term debt approximates fair value as of both October 31, 2013 and January 31, 2013, due to the instrument bearing interest at variable rates that are comparable to what is currently available to us. We entered into a second amendment to the Credit Agreement on January 4, 2013, at which time our current interest rates were determined. See Note 4 on Debt for a more detailed discussion of our Credit Agreement.

Income_Taxes

Income Taxes	9 Months Ended
Income Taxes	Oct. 31, 2013
Income Taxes	'
	7. Income Taxes
	For the three and nine months ended October 31, 2013, the Company recorded a discrete tax benefit of approximately $0.5 million from the recognition of a tax position due to a change in state administrative practices. No discrete items were recorded during the three months ended October 31, 2012. Primarily as a result of this discrete tax benefit combined with Texas state income tax expense, which is based primarily on gross margin, the effective tax rates for the three and nine months ended October 31, 2013 were (6.4%) and (2.4%), respectively.
	As the Company has a net operating loss and a net deferred tax asset, which has been offset by a full valuation allowance at the end of fiscal 2011, there is no tax liability, with the exception of Texas state income tax. The valuation allowance is approximately $15.2 million as of October 31, 2013. We reassess the valuation allowance quarterly, and if future evidence allows for a partial or full release of the valuation allowance, a tax benefit will be recorded accordingly.

Litigation_and_Contingencies

Litigation and Contingencies	9 Months Ended
Litigation and Contingencies	Oct. 31, 2013
Litigation and Contingencies	'
	8. Litigation and Contingencies
	We are involved in various claims and legal actions arising in the ordinary course of business. In the opinion of management, the ultimate disposition of these matters will not have a material adverse effect on our financial position, results of operations or cash flows individually and in the aggregate.

Other_Comprehensive_Income

Other Comprehensive Income	9 Months Ended
	Oct. 31, 2013
Other Comprehensive Income	'
	9. Other Comprehensive Income
	Changes in the balances of each component of other comprehensive income (“OCI”) included in accumulated OCI for the nine months ended October 31, 2013 are presented below. All amounts are net of tax.

		Net Unrealized Gain (Loss) on
		Available-for Sale Securities in
		Supplemental Executive
		Retirement Plan
	Balance at January 31, 2013	$	247
	Other comprehensive income before reclassifications		164
	Amounts reclassified from accumulated OCI		(43	)
	Balance as of October 31, 2013	$	368

Recent_Accounting_Pronouncemen

Recent Accounting Pronouncements	9 Months Ended
Recent Accounting Pronouncements	Oct. 31, 2013
Recent Accounting Pronouncements	'
	10. Recent Accounting Pronouncements
	During February 2013, the Financial Accounting Standards Board (“FASB”) issued ASU 2013-02: Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income, which requires an entity to report the effect of significant reclassifications out of accumulated other comprehensive income on the respective line items in net income if the amount being reclassified is required under U.S. generally accepted accounting principles (GAAP) to be reclassified in its entirety to net income. For other amounts that are not required under GAAP to be reclassified in their entirety to net income in the same reporting period, an entity is required to cross-reference other disclosures required under GAAP that provide additional detail about those amounts. This would be the case when a portion of the amount reclassified out of accumulated other comprehensive income is reclassified to a balance sheet account (for example, inventory) instead of directly to income or expense in the same reporting period. The Company adopted ASU 2013-02 beginning with the first quarter of fiscal 2013 and reclassified approximately $43,000 from Other Comprehensive Income to Other Income for the three and nine months ended October 31, 2013.
	In July 2013, the Financial Accounting Standards Board issued ASU No. 2013-11: Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists, which requires unrecognized tax benefits to be presented as a decrease in a net operating loss, similar tax loss or tax credit carryforward if certain criteria are met. The ASU is effective for fiscal years, and interim periods within those years, beginning after December 15, 2013. The adoption of ASU 2013-11 is not expected to have a material impact on the Company’s consolidated financial statements.

Recent_Accounting_Pronouncemen1

Recent Accounting Pronouncements (Policies)	9 Months Ended
	Oct. 31, 2013
Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income	'
	During February 2013, the Financial Accounting Standards Board (“FASB”) issued ASU 2013-02: Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income, which requires an entity to report the effect of significant reclassifications out of accumulated other comprehensive income on the respective line items in net income if the amount being reclassified is required under U.S. generally accepted accounting principles (GAAP) to be reclassified in its entirety to net income. For other amounts that are not required under GAAP to be reclassified in their entirety to net income in the same reporting period, an entity is required to cross-reference other disclosures required under GAAP that provide additional detail about those amounts. This would be the case when a portion of the amount reclassified out of accumulated other comprehensive income is reclassified to a balance sheet account (for example, inventory) instead of directly to income or expense in the same reporting period. The Company adopted ASU 2013-02 beginning with the first quarter of fiscal 2013 and reclassified approximately $43,000 from Other Comprehensive Income to Other Income for the three and nine months ended October 31, 2013.
Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists	'
	In July 2013, the Financial Accounting Standards Board issued ASU No. 2013-11: Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists, which requires unrecognized tax benefits to be presented as a decrease in a net operating loss, similar tax loss or tax credit carryforward if certain criteria are met. The ASU is effective for fiscal years, and interim periods within those years, beginning after December 15, 2013. The adoption of ASU 2013-11 is not expected to have a material impact on the Company’s consolidated financial statements.

Store_Closing_Reserve_Tables

Store Closing Reserve (Tables)	9 Months Ended
	Oct. 31, 2013
Summary of Roll-Forward for Store Closing Reserve	'
	The following table provides a roll-forward of our store closing reserve:

		Store Closing
		Reserve
	Balance at January 31, 2013	$	2,105
	Additions to provision		250
	Changes in estimates		69
	Cash outlay, net		(1,281	)
	Balance at October 31, 2013	$	1,143

Loss_Per_Share_Tables

Loss Per Share (Tables)	9 Months Ended
	Oct. 31, 2013
Computations for Basic and Diluted Income Per Share	'
	The computations for basic and diluted loss per share are as follows:

		Three Months Ended								Nine Months Ended
		October 31,								October 31,
		2013			2012			2013							2012
	Net loss	$	(6,208	)	$	(7,999	)	$				(12,516	)		$		(10,523	)
	Average shares outstanding:
	Basic		8,143			8,165						8,142					8,214
	Effect of stock awards		—			—						—					—
	Diluted		8,143			8,165						8,142					8,214
	Loss per share:
	Basic	$	(0.76	)	$	(0.98	)	$				(1.54	)		$		(1.28	)
	Diluted	$	(0.76	)	$	(0.98	)	$				(1.54	)		$		(1.28	)

Options to Purchase Shares of Common Stock not Included in Computation of Diluted Income Per Share	'
	The following options to purchase shares of common stock were not included in the computation of diluted loss per share because their inclusion would have been antidilutive:

		Three Months Ended						Nine Months Ended
		October 31,						October 31,
		2013			2012				2013					2012
	Shares of common stock underlying options		544			652					544					652
	Exercise price range per share	$	1.69 to $8.70		$	1.69 to $9.67			$		1.69 to $8.70			$		1.69 to $9.67

Other_Comprehensive_Income_Tab

Other Comprehensive Income (Tables)	9 Months Ended
	Oct. 31, 2013
Changes in Balances of Each Component of Other Comprehensive Income Included in Accumulated Other Comprehensive Income	'
	Changes in the balances of each component of other comprehensive income (“OCI”) included in accumulated OCI for the nine months ended October 31, 2013 are presented below. All amounts are net of tax.

		Net Unrealized Gain (Loss) on
		Available-for Sale Securities in
		Supplemental Executive
		Retirement Plan
	Balance at January 31, 2013	$	247
	Other comprehensive income before reclassifications		164
	Amounts reclassified from accumulated OCI		(43	)
	Balance as of October 31, 2013	$	368

StockBased_Compensation_Additi

Stock-Based Compensation - Additional Information (Detail) (USD $)	3 Months Ended		9 Months Ended
	Oct. 31, 2013	Oct. 31, 2012	Oct. 31, 2013	Oct. 31, 2012
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]	'	'	'	'
Stock-based compensation expense	$30,000	$168,000	$123,000	$539,000
Shares available to grant as stock-based compensation awards	273,059	'	273,059	'

Store_Closing_Reserve_Summary_

Store Closing Reserve - Summary of Roll-Forward for Store Closing Reserve (Detail) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Oct. 31, 2013
Restructuring Cost And Reserve [Line Items]	'
Balance at January 31, 2013	$2,105
Additions to provision	250
Changes in estimates	69
Cash outlay, net	-1,281
Balance at October 31, 2013	$1,143

Longterm_Debt_Additional_Infor

Long-term Debt - Additional Information (Detail) (USD $)

3 Months Ended

9 Months Ended

In Millions, unless otherwise specified

Oct. 31, 2013

Oct. 31, 2012

Oct. 31, 2013

Oct. 31, 2012

Oct. 31, 2013

Dec. 27, 2012

Minimum

Maximum

Credit Card Receivables Plus

Inventory

LIBOR Rate Loans Ranging

Base Rate Loans Ranging

LIBOR Rate Loans Ranging

Base Rate Loans Ranging

Line Of Credit Facility [Line Items]

Revolving credit facility

$115

Maturity date

4-Jan-17

Repurchase of common stock

Absolute minimum available reserve

The amount outstanding under the Amended Credit Agreement is limited by a borrowing base

85.00%

90.00%

92.50%

Maximum limit to the line of credit facility

115

Minimum available reserve percentage

10.00%

Applicable Margin for loans ranging rate

2.00%

1.00%

2.50%

1.50%

Unused line fees ranging

0.30%

0.38%

Aggregate amount of the letters of credit

0.8

Excess availability of line of credit

$47.80

Average rate of interest

2.40%

2.50%

Loss_Per_Share_Computations_fo

Loss Per Share - Computations for Basic and Diluted Loss Per Share (Detail) (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Oct. 31, 2013	Oct. 31, 2012	Oct. 31, 2013	Oct. 31, 2012
Schedule Of Earnings Per Share By Common Class [Line Items]	'	'	'	'
Net loss	($6,208)	($7,999)	($12,516)	($10,523)
Average shares outstanding:	'	'	'	'
Basic	8,143	8,165	8,142	8,214
Effect of stock awards	'	'	'	'
Diluted	8,143	8,165	8,142	8,214
Loss per share:	'	'	'	'
Basic	($0.76)	($0.98)	($1.54)	($1.28)
Diluted	($0.76)	($0.98)	($1.54)	($1.28)

Loss_Per_Share_Options_to_Purc

Loss Per Share - Options to Purchase Shares of Common Stock not Included in Computation of Diluted Income Per Share (Detail) (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Oct. 31, 2013	Oct. 31, 2012	Oct. 31, 2013	Oct. 31, 2012
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range [Line Items]	'	'	'	'
Shares of common stock underlying options	544	652	544	652
Exercise price range per share, lower limit	$1.69	$1.69	$1.69	$1.69
Exercise price range per share, upper limit	$8.70	$9.67	$8.70	$9.67

Fair_Value_Measurements_Additi

Fair Value Measurements - Additional Information (Detail) (USD $)	Oct. 31, 2013	Jan. 31, 2013
In Millions, unless otherwise specified	Oct. 31, 2013	Jan. 31, 2013
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]	'	'
Fair value of assets on recurring basis	$1.90	$2.10

Income_Taxes_Additional_Inform

Income Taxes - Additional Information (Detail) (USD $)	3 Months Ended	9 Months Ended
In Millions, unless otherwise specified	Oct. 31, 2013	Oct. 31, 2013
Income Tax Disclosure [Line Items]	'	'
Discrete tax benefit	$0.50	$0.50
Effective tax rate	-6.40%	-2.40%
Valuation allowance	$15.20	$15.20

Other_Comprehensive_Income_Cha

Other Comprehensive Income - Changes in Balances of Each Component of Other Comprehensive Income Included in Accumulated Other Comprehensive Income (Detail) (USD $)	3 Months Ended	9 Months Ended
	Oct. 31, 2013	Oct. 31, 2013
Accumulated Other Comprehensive Income Loss [Line Items]	'	'
Balance at beginning of period	'	$247,000
Amounts reclassified from accumulated OCI	-43,000	-43,000
Balance at end of period	368,000	368,000
Net Unrealized Gain (Loss) on Available-for Sale Securities in Supplemental Executive Retirement Plan	'	'
Accumulated Other Comprehensive Income Loss [Line Items]	'	'
Balance at beginning of period	'	247,000
Other comprehensive income before reclassifications	'	164,000
Amounts reclassified from accumulated OCI	'	-43,000
Balance at end of period	$368,000	$368,000

Recent_Accounting_Pronouncemen2

Recent Accounting Pronouncements - Additional Information (Detail) (USD $)	3 Months Ended	9 Months Ended
	Oct. 31, 2013	Oct. 31, 2013
Accumulated Other Comprehensive Income Loss [Line Items]	'	'
Reclassification amount from other comprehensive income	$43,000	$43,000