Big Lots (BIGGQ) 10-Q 9 Sep 15 2015 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Aug. 01, 2015	Sep. 04, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	BIG LOTS INC
Entity Central Index Key	768,835
Current Fiscal Year End Date	--01-30
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		49,567,150
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Aug. 1, 2015

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Aug. 01, 2015	Aug. 02, 2014	Aug. 01, 2015	Aug. 02, 2014
Income Statement [Abstract]
Net sales	$ 1,209,686	$ 1,195,363	$ 2,490,141	$ 2,476,634
Cost of sales (exclusive of depreciation expense shown separately below)	733,852	725,836	1,510,191	1,513,551
Gross margin	475,834	469,527	979,950	963,083
Selling and administrative expenses	414,305	412,142	834,551	829,688
Depreciation expense	30,992	29,443	62,217	58,268
Operating profit	30,537	27,942	83,182	75,127
Interest expense	(969)	(510)	(1,465)	(860)
Other income (expense)	(1,742)	0	(1,714)	0
Income from continuing operations before income taxes	27,826	27,432	80,003	74,267
Income tax expense	10,115	10,220	29,984	28,474
Income from continuing operations	17,711	17,212	50,019	45,793
(Loss) income from discontinued operations, net of tax benefit of $48, $3,841, $108, and $12,796, respectively	(75)	2,726	(170)	(22,507)
Net income	$ 17,636	$ 19,938	$ 49,849	$ 23,286
Earnings per common share - basic:
Continuing operations	$ 0.35	$ 0.31	$ 0.96	$ 0.82
Discontinued operations	0	0.05	0	(0.40)
Earnings per common share - basic (in dollars per share)	0.35	0.36	0.96	0.42
Earnings per common share - diluted:
Continuing operations	0.35	0.31	0.95	0.81
Discontinued operations	0	0.05	0	(0.40)
Earnings per common share - diluted (in dollars per share)	$ 0.34	$ 0.36	$ 0.95	$ 0.41
Weighted-average common shares outstanding:
Basic	50,831	54,991	51,959	56,001
Dilutive effect of share-based awards	505	698	536	630
Diluted	51,336	55,689	52,495	56,631
Cash dividends declared per common share	$ 0.19	$ 0.17	$ 0.38	$ 0.17

Consolidated Statements of Ope3

Consolidated Statements of Operations (Unaudited) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Aug. 01, 2015	Aug. 02, 2014	Aug. 01, 2015	Aug. 02, 2014
Income Statement [Abstract]
Discontinued operations, tax expense (benefit)	$ (48)	$ (3,841)	$ (108)	$ (12,796)

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Aug. 01, 2015	Aug. 02, 2014	Aug. 01, 2015	Aug. 02, 2014
Net income	$ 17,636	$ 19,938	$ 49,849	$ 23,286
Other comprehensive income:
Foreign currency translation	0	0	0	5,022
Amortization of pension, net of tax of $(208), $(144), $(412), and $(303), respectively	296	219	599	423
Valuation adjustment of pension, net of tax of $0, $0, $(239), and $0, respectively	0	0	356	0
Total other comprehensive income	296	219	955	5,445
Comprehensive income	$ 17,932	$ 20,157	$ 50,804	$ 28,731

Consolidated Statements of Com5

Consolidated Statements of Comprehensive Income (Unaudited) (Parentheticals) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Aug. 01, 2015	Aug. 02, 2014	Aug. 01, 2015	Aug. 02, 2014
Other comprehensive income
Amortization of pension, tax expense (benefit)	$ (208)	$ (144)	$ (412)	$ (303)
Valuation adjustment of pension, tax expense (benefit)	$ 0	$ 0	$ (241)	$ 0

Consolidated Balance Sheets (Un

Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Aug. 01, 2015	Jan. 31, 2015
Current assets:
Cash and cash equivalents	$ 57,363	$ 52,261
Inventories	821,444	851,669
Deferred income taxes	43,691	39,154
Other current assets	106,236	95,345
Total current assets	1,028,734	1,038,429
Property and equipment - net	578,802	550,555
Deferred income taxes	15,968	7,139
Other assets	40,859	39,768
Total assets	1,664,363	1,635,891
Current liabilities:
Accounts payable	365,640	358,932
Property, payroll, and other taxes	79,140	76,924
Accrued operating expenses	72,593	62,955
Insurance reserves	41,282	38,824
Accrued salaries and wages	34,955	47,878
Income taxes payable	1,244	2,316
Total current liabilities	594,854	587,829
Long-term obligations	223,200	62,100
Deferred rent	64,387	65,930
Insurance reserves	56,485	55,606
Unrecognized tax benefits	18,020	17,888
Other liabilities	66,885	56,988
Shareholders' equity:
Preferred shares - authorized 2,000 shares; $0.01 par value; none issued	0	0
Common shares - authorized 298,000 shares; $0.01 par value; issued 117,495 shares; outstanding 49,037 shares and 52,912 shares, respectively	1,175	1,175
Treasury shares - 68,458 shares and 64,583 shares, respectively, at cost	(2,064,998)	(1,878,523)
Additional paid-in capital	581,655	574,454
Retained earnings	2,136,401	2,107,100
Accumulated other comprehensive loss	(13,701)	(14,656)
Total shareholders' equity	640,532	789,550
Total liabilities and shareholders' equity	$ 1,664,363	$ 1,635,891

Consolidated Balance Sheets (U7

Consolidated Balance Sheets (Unaudited) (Parenthetical) - $ / shares shares in Thousands	Aug. 01, 2015	Jan. 31, 2015
Shareholders' equity:
Preferred shares - authorized shares (in shares)	2,000	2,000
Preferred shares - par value (in dollars per share)	$ 0.01	$ 0.01
Preferred shares - shares issued (in shares)	0	0
Common shares - authorized shares (in shares)	298,000	298,000
Common shares - par value (in dollars per share)	$ 0.01	$ 0.01
Common shares - shares issued (in shares)	117,495	117,495
Common shares - outstanding shares (in shares)	49,037	52,912
Treasury shares - shares (in shares)	68,458	64,583

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity (Unaudited) - Class of Stock [Domain] - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock [Member]	Treasury Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Loss [Member]
Balance at Feb. 01, 2014	$ 901,427	$ 1,175	$ (1,670,041)	$ 562,447	$ 2,021,357	$ (13,511)
Balance (in shares) at Feb. 01, 2014		57,548
Treasury stock (in shares) at Feb. 01, 2014			59,947
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Comprehensive income	28,731	$ 0	$ 0	0	23,286	5,445
Dividends declared	(9,585)				(9,585)
Purchases of common shares	(125,423)	$ 0	$ (125,423)	0	0	0
Purchases of common shares, (in shares)		(3,290)	3,290
Exercise of stock options	23,599	$ 0	$ 19,990	3,609	0	0
Exercise of stock options (in shares)		708	(708)
Restricted shares vested	0	$ 0	$ 1,055	(1,055)	0	0
Restricted shares vested (in shares)		37	(37)
Performance shares vested	0	$ 0	$ 357	(357)	0	0
Performance shares vested (in shares)		13	(13)
Tax benefit (charge) from share-based awards	(1,141)	$ 0	$ 0	(1,141)	0	0
Share activity related to deferred compensation plan	40	$ 0	$ 19	21	0	0
Share activity related to deferred compensation plan (in shares)		1	(1)
Share-based employee compensation expense	4,973	$ 0	$ 0	4,973	0	0
Balance at Aug. 02, 2014	822,621	$ 1,175	$ (1,774,043)	568,497	2,035,058	(8,066)
Balance (in shares) at Aug. 02, 2014		55,017
Treasury stock (in shares) at Aug. 02, 2014			62,478
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Comprehensive income	84,400	$ 0	$ 0	0	90,990	(6,590)
Dividends declared	(18,948)				(18,948)
Purchases of common shares	(125,248)	$ 0	$ (125,248)	0	0	0
Purchases of common shares, (in shares)		(2,832)	2,832
Exercise of stock options	19,007	$ 0	$ 19,450	(443)	0	0
Exercise of stock options (in shares)		681	(681)
Restricted shares vested	0	$ 0	$ 940	(940)	0	0
Restricted shares vested (in shares)		33	(33)
Performance shares vested	0	$ 0	$ 359	(359)	0	0
Performance shares vested (in shares)		12	(12)
Tax benefit (charge) from share-based awards	2,135	$ 0	$ 0	2,135	0	0
Share activity related to deferred compensation plan	22	$ 0	$ 19	3	0	0
Share activity related to deferred compensation plan (in shares)		1	(1)
Share-based employee compensation expense	5,561	$ 0	$ 0	5,561	0	0
Balance at Jan. 31, 2015	$ 789,550	$ 1,175	$ (1,878,523)	574,454	2,107,100	(14,656)
Balance (in shares) at Jan. 31, 2015	52,912	52,912
Treasury stock (in shares) at Jan. 31, 2015	64,583		64,583
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Comprehensive income	$ 50,804	$ 0	$ 0	0	49,849	955
Dividends declared	(20,548)	0	0	0	(20,548)	0
Purchases of common shares	(201,751)	$ 0	$ (201,751)	0	0	0
Purchases of common shares, (in shares)		(4,400)	4,400
Exercise of stock options	15,197	$ 0	$ 11,752	3,445	0	0
Exercise of stock options (in shares)		404	(404)
Restricted shares vested	0	$ 0	$ 3,515	(3,515)	0	0
Restricted shares vested (in shares)		120	(120)
Performance shares vested	0	$ 0	$ 0	0	0	0
Performance shares vested (in shares)		0	0
Tax benefit (charge) from share-based awards	390	$ 0	$ 0	390	0	0
Share activity related to deferred compensation plan	10	$ 0	$ 9	1	0	0
Share activity related to deferred compensation plan (in shares)		1	(1)
Share-based employee compensation expense	6,880	$ 0	$ 0	6,880	0	0
Balance at Aug. 01, 2015	$ 640,532	$ 1,175	$ (2,064,998)	$ 581,655	$ 2,136,401	$ (13,701)
Balance (in shares) at Aug. 01, 2015	49,037	49,037
Treasury stock (in shares) at Aug. 01, 2015	68,458		68,458

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Aug. 01, 2015	Aug. 02, 2014
Operating activities:
Net income	$ 49,849	$ 23,286
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization expense	54,329	51,648
Deferred income taxes	(14,017)	(1,817)
Loss on disposition of property and equipment	956	1,382
Non-cash impairment charges	0	1,424
Non-cash share-based compensation expense	6,880	4,973
Excess tax benefit from share-based awards, operating activities	(1,021)	(822)
Unrealized loss on fuel derivative instruments	1,714	0
Pension expense, net of contributions	1,710	1,363
Change in assets and liabilities, excluding effects of foreign currency adjustments:
Inventories	30,225	115,526
Accounts payable	6,708	14,196
Current income taxes	(10,866)	(50,962)
Other current assets	(11,125)	(6,909)
Other current liabilities	(7,199)	6,525
Other assets	1,413	2,160
Other liabilities	7,107	(4,804)
Net cash provided by operating activities	116,663	157,169
Investing activities:
Capital expenditures	(76,649)	(38,441)
Cash proceeds from sale of property and equipment	12,354	908
Other	(7)	(75)
Net cash used in investing activities	(64,302)	(37,608)
Financing activities:
Net proceeds from (repayments of) borrowings under bank credit facility	161,100	(20,500)
Payment of capital lease obligations	(2,126)	(468)
Dividends paid	(19,931)	(9,366)
Proceeds from the exercise of stock options	15,197	23,599
Excess tax benefit from share-based awards, financing activities	1,021	822
Deferred bank credit facility fees paid	(779)	0
Payment for treasury shares acquired	(201,751)	(125,423)
Other	10	40
Net cash used in financing activities	(47,259)	(131,296)
Impact of foreign currency on cash	0	5,139
Increase (decrease) in cash and cash equivalents	5,102	(6,596)
Cash and cash equivalents:
Beginning of period	52,261	68,629
End of period	$ 57,363	$ 62,033

Basis of Presentation and Summa

Basis of Presentation and Summary of Significant Accounting Policies	6 Months Ended
	Aug. 01, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES All references in this report to “we,” “us,” or “our” are to Big Lots, Inc. and its subsidiaries. We are a unique, non-traditional, discount retailer operating in the United States of America (“U.S.”). At August 1, 2015 , we operated 1,464 stores in 48 states. We make available, free of charge, through the “Investor Relations” section of our website ( www.biglots.com ) under the “SEC Filings” caption, our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and amendments to those reports filed or furnished pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934, as amended (“Exchange Act”), as soon as reasonably practicable after we file such material with, or furnish it to, the Securities and Exchange Commission (“SEC”). The contents of our websites are not part of this report. The accompanying consolidated financial statements and these notes have been prepared in accordance with the rules and regulations of the SEC for interim financial information. The consolidated financial statements reflect all normal recurring adjustments which management believes are necessary to present fairly our financial condition, results of operations, and cash flows for all periods presented. These consolidated financial statements, however, do not include all information necessary for a complete presentation of financial condition, results of operations, and cash flows in conformity with accounting principles generally accepted in the United States of America (“GAAP”). Interim results may not necessarily be indicative of results that may be expected for, or actually result during, any other interim period or for the year as a whole. We have historically experienced, and expect to continue to experience, seasonal fluctuations, with a larger percentage of our net sales and operating profit realized in our fourth fiscal quarter. The accompanying consolidated financial statements and these notes should be read in conjunction with the audited consolidated financial statements and notes included in our Annual Report on Form 10-K for the fiscal year ended January 31, 2015 (“2014 Form 10-K”). Fiscal Periods Our fiscal year ends on the Saturday nearest to January 31, which results in fiscal years consisting of 52 or 53 weeks . Unless otherwise stated, references to years in this report relate to fiscal years rather than calendar years. Fiscal year 2015 (“ 2015 ”) is comprised of the 52 weeks that began on February 1, 2015 and will end on January 30, 2016 . Fiscal year 2014 (“ 2014 ”) was comprised of the 52 weeks that began on February 2, 2014 and ended on January 31, 2015 . The fiscal quarters ended August 1, 2015 (“ second quarter of 2015 ”) and August 2, 2014 (“ second quarter of 2014 ”) were both comprised of 13 weeks. The year-to-date periods ended August 1, 2015 (“year-to-date 2015 ”) and August 2, 2014 (“year-to-date 2014 ”) were both comprised of 26 weeks. Selling and Administrative Expenses Selling and administrative expenses include store expenses (such as payroll and occupancy costs) and costs related to warehousing, distribution, outbound transportation to our stores, advertising, purchasing, insurance, non-income taxes, and overhead. Our selling and administrative expense rates may not be comparable to those of other retailers that include distribution and outbound transportation costs in cost of sales. Distribution and outbound transportation costs included in selling and administrative expenses were $37.7 million and $37.3 million for the second quarter of 2015 and the second quarter of 2014 , respectively, and $79.3 million and $78.1 million for the year-to-date 2015 and the year-to-date 2014 , respectively. Advertising Expense Advertising costs, which are expensed as incurred, consist primarily of television and print advertising, digital or internet marketing and advertising, and in-store point-of-purchase presentations. Advertising expenses are included in selling and administrative expenses. Advertising expenses were $16.1 million and $18.9 million for the second quarter of 2015 and the second quarter of 2014 , respectively, and $37.8 million and $40.8 million for the year-to-date 2015 and the year-to-date 2014 , respectively. Derivative Instruments We use derivative instruments to mitigate the risk of market fluctuations in diesel fuel prices. We do not enter into derivative instruments for speculative purposes. Our derivative instruments may consist of collar or swap contracts. Our current derivative instruments do not meet the requirements for cash flow hedge accounting. Instead, our derivative instruments are marked-to-market to determine their fair value and any gains or losses are recognized currently in other income (expense) on our consolidated statements of operations. Supplemental Cash Flow Disclosures The following table provides supplemental cash flow information for the year-to-date 2015 and the year-to-date 2014 : Twenty-Six Weeks Ended (In thousands) August 1, 2015 August 2, 2014 Supplemental disclosure of cash flow information: Cash paid for interest, including capital leases $ 928 $ 585 Cash paid for income taxes, excluding impact of refunds 54,907 68,314 Gross proceeds from borrowings under the bank credit facility 842,200 677,300 Gross repayments of borrowings under the bank credit facility 681,100 697,800 Non-cash activity: Assets acquired under capital leases 9,655 — Accrued property and equipment 16,664 10,666 Cash flows from discontinued operations: Net cash provided by (used in) operating activities, discontinued operations 496 (37,548 ) Net cash provided by investing activities, discontinued operations $ — $ 522 Reclassifications Merchandise Categories In the first quarter of 2015, we realigned select merchandise categories to be consistent with the realignment of our merchandising team and changes to our management reporting. Specifically, we reclassified our home décor and frames departments from our former Furniture & Home Décor category to our Soft Home category. Subsequently, we changed the name of our Furniture & Home Décor category to Furniture. In order to provide comparative information, we have reclassified our net sales by merchandise category into this revised alignment for all periods presented in note 9 to the consolidated financial statements. We periodically assess, and make minor adjustments to, our product hierarchy, which can impact the roll-up of our merchandise categories. Our financial reporting process utilizes the most current product hierarchy in reporting net sales by merchandise category for all periods presented. Therefore, there may be minor reclassifications of net sales by merchandise category compared to previously reported amounts. Recent Accounting Pronouncements In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-09, Revenue from Contracts with Customers (Topic 606) . This update provides a comprehensive new revenue recognition model that requires a company to recognize revenue to depict the transfer of goods or services to a customer at an amount that reflects the consideration we expect to receive in exchange for those goods or services. Additionally, this guidance expands related disclosure requirements. The pronouncement was originally set to be effective for annual and interim reporting periods beginning after December 15, 2016. In July 2015, the FASB approved a one-year deferral of the effective date from December 15, 2016 to December 15, 2017, but will allow for early adoption as of December 15, 2016. This ASU permits the use of either the retrospective or cumulative effect transition method. We are currently evaluating the impact this guidance will have on our consolidated financial statements as well as the expected adoption method.

Bank Credit Facility

Bank Credit Facility	6 Months Ended
	Aug. 01, 2015
Debt Disclosure [Abstract]
BANK CREDIT FACILITY	BANK CREDIT FACILITY On July 22, 2011, we entered into a $700 million five -year unsecured credit facility, which was first amended on May 30, 2013. On May 28, 2015, we entered into an additional amendment of the credit facility that among other things extended its expiration to May 30, 2020 (as amended, the “2011 Credit Agreement”). In connection with the additional amendment of the 2011 Credit Agreement, we paid bank fees and other expenses in the amount of $0.8 million , which are being amortized over the term of the amended agreement. Borrowings under the 2011 Credit Agreement are available for general corporate purposes and working capital. The 2011 Credit Agreement includes a $30 million swing loan sublimit and a $150 million letter of credit sublimit. The interest rates, pricing and fees under the 2011 Credit Agreement fluctuate based on our debt rating. The 2011 Credit Agreement allows us to select our interest rate for each borrowing from multiple interest rate options. The interest rate options are generally derived from the prime rate or LIBOR. We may prepay revolving loans made under the 2011 Credit Agreement. The 2011 Credit Agreement contains financial and other covenants, including, but not limited to, limitations on indebtedness, liens and investments, as well as the maintenance of two financial ratios – a leverage ratio and a fixed charge coverage ratio. A violation of any of the covenants could result in a default under the 2011 Credit Agreement that would permit the lenders to restrict our ability to further access the 2011 Credit Agreement for loans and letters of credit and require the immediate repayment of any outstanding loans under the 2011 Credit Agreement. At August 1, 2015 , we had $223.2 million of borrowings outstanding under the 2011 Credit Agreement and $21.2 million was committed to outstanding letters of credit, leaving $455.6 million available under the 2011 Credit Agreement.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Aug. 01, 2015
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	FAIR VALUE MEASUREMENTS In connection with our nonqualified deferred compensation plan, we had mutual fund investments of $18.1 million and $16.9 million at August 1, 2015 and January 31, 2015 , respectively, which were recorded in other assets. These investments were classified as trading securities and were recorded at their fair value. The fair values of mutual fund investments were Level 1 valuations under the fair value hierarchy because each fund’s quoted market value per share was available in an active market. The fair values of our long-term obligations are estimated based on the quoted market prices for the same or similar issues and the current interest rates offered for similar instruments. These fair value measurements are classified as Level 2 within the fair value hierarchy. Given the variable rate features and relatively short maturity of the instruments underlying our long-term obligations, the carrying value of these instruments approximates the fair value. The carrying value of accounts receivable, accounts payable, and accrued expenses approximates fair value because of the relatively short maturity of these items.

Shareholders' Equity

Shareholders' Equity	6 Months Ended
	Aug. 01, 2015
Equity [Abstract]
SHAREHOLDERS' EQUITY	SHAREHOLDERS’ EQUITY Earnings per Share There were no adjustments required to be made to the weighted-average common shares outstanding for purposes of computing basic and diluted earnings per share and there were no securities outstanding at August 1, 2015 or August 2, 2014 which were excluded from the computation of earnings per share other than antidilutive stock options, restricted stock awards, and restricted stock units. For the second quarter of 2015 and the second quarter of 2014 , 0.3 million and 1.2 million , respectively, of the stock options outstanding were antidilutive and excluded from the computation of diluted earnings per share. For the year-to-date 2015 and the year-to-date 2014 , 0.3 million and 1.8 million , respectively, of the stock options outstanding were antidilutive and excluded from the computation of diluted earnings per share. Antidilutive stock options generally consist of outstanding stock options where the exercise price per share is greater than the weighted-average market price per share for our common shares for each period. Antidilutive stock options, restricted stock awards, and restricted stock units are excluded from the calculation because they decrease the number of diluted shares outstanding under the treasury stock method. The restricted stock awards and restricted stock units that were antidilutive, as determined under the treasury stock method, were immaterial for all periods presented. Share Repurchase Programs On March 4, 2015, our Board of Directors authorized a share repurchase program providing for the repurchase of $200 million of our common shares (“2015 Repurchase Program”). Pursuant to the 2015 Repurchase Program, we were authorized to repurchase shares in the open market and/or in privately negotiated transactions at our discretion, subject to market conditions and other factors. Common shares acquired through the 2015 Repurchase Program will be available to meet obligations under our equity compensation plans and for general corporate purposes. The 2015 Repurchase Program had no scheduled termination date and was funded with cash and cash equivalents, cash generated from operations and by drawing on the 2011 Credit Agreement. During the second quarter of 2015, we acquired approximately 3.6 million of our outstanding common shares for $164.9 million , which exhausted the 2015 Repurchase Program. During the year-to-date 2015, we have acquired approximately 4.4 million of our outstanding common shares for $200.0 million under the 2015 Repurchase Program. Dividends The Company declared and paid cash dividends per common share during the periods presented as follows: Dividends Amount Declared Amount Paid 2014: (in thousands) (in thousands) Second quarter $ 0.17 $ 9,585 $ 9,366 Total $ 0.17 $ 9,585 $ 9,366 2015: (in thousands) (in thousands) First quarter $ 0.19 $ 10,479 $ 10,197 Second quarter 0.19 10,069 9,734 Total $ 0.38 $ 20,548 $ 19,931 The amount of dividends declared may vary from the amount of dividends paid in a period based on certain instruments with restrictions on payment, including restricted stock awards, restricted stock units, and performance share units. The payment of future dividends will be at the discretion of our Board of Directors and will depend on our financial conditions, results of operations, capital requirements, compliance with applicable laws and agreements and any other factors deemed relevant by our Board of Directors.

Share-Based Plans

Share-Based Plans	6 Months Ended
	Aug. 01, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
SHARE-BASED PLANS	SHARE-BASED PLANS We have issued nonqualified stock options, restricted stock awards, restricted stock units, and performance share units under our shareholder-approved equity compensation plans. Our restricted stock awards and restricted stock units, as described below and/or in note 7 to the consolidated financial statements in our 2014 Form 10-K, are expensed and reported as nonvested shares. We recognized share-based compensation expense of $3.3 million and $2.2 million in the second quarter of 2015 and the second quarter of 2014 , respectively, and $6.9 million and $5.0 million for the year-to-date 2015 and the year-to-date 2014 , respectively. The following table summarizes stock option activity for the year-to-date 2015 : Number of Options Weighted Average Exercise Price Per Share Weighted Average Remaining Contractual Term (years) Aggregate Intrinsic Value (000's) Outstanding stock options at January 31, 2015 1,703,213 $ 37.59 Exercised (398,098 ) 37.66 Forfeited (56,300 ) 34.95 Outstanding stock options at May 2, 2015 1,248,815 $ 37.69 3.9 $ 10,538 Exercised (5,725 ) 35.95 Forfeited — — Outstanding stock options at August 1, 2015 1,243,090 $ 37.70 3.7 $ 7,013 Vested or expected to vest at August 1, 2015 1,196,075 $ 37.70 3.7 $ 6,748 Exercisable at August 1, 2015 722,775 $ 37.87 3.1 $ 3,971 The stock options granted in prior years vest in equal amounts on the first four anniversaries of the grant date and have a contractual term of seven years. The number of stock options expected to vest was based on our annual forfeiture rate assumption. The following table summarizes the non-vested restricted stock awards and restricted stock units activity for the year-to-date 2015 : Number of Shares Weighted Average Grant-Date Fair Value Per Share Outstanding non-vested restricted stock at January 31, 2015 744,805 $ 38.13 Granted 189,778 49.33 Vested (95,908 ) 37.16 Forfeited (16,122 ) 34.36 Outstanding non-vested restricted stock at May 2, 2015 822,553 $ 40.90 Granted 26,163 46.17 Vested (24,551 ) 43.01 Forfeited (1,504 ) 48.67 Outstanding non-vested restricted stock at August 1, 2015 822,661 $ 41.02 The non-vested restricted stock units granted in the first and second quarters of 2015 generally vest, and are expensed, on a ratable basis over three years from the grant date of the award, if certain threshold financial performance objectives are achieved and the grantee remains employed by us through the vesting dates. The non-vested restricted stock awards granted in prior years vest if certain financial performance objectives are achieved. If we meet a threshold financial performance objective and the grantee remains employed by us, the restricted stock will vest on the opening of our first trading window five years after the grant date of the award. If we meet a higher financial performance objective and the grantee remains employed by us, the restricted stock will vest on the first trading day after we file our Annual Report on Form 10-K with the SEC for the fiscal year in which the higher objective is met. As of August 1, 2015, we estimated a five -year period for vesting, and therefore expensing, of all non-vested restricted stock awards granted in prior years, as we do not anticipate achieving the higher financial performance objective for any outstanding grants. In 2013, in connection with his appointment as CEO and President, Mr. David J. Campisi was awarded 37,800 performance share units, which vest based on the achievement of share price performance goals, that had a weighted average grant-date fair value per share of $34.68 . The performance share units have a contractual term of seven years. If the performance goals applicable to the remaining performance share units are not achieved prior to expiration, the awards will be forfeited. At August 1, 2015 , 12,600 performance share units remain unvested and outstanding. In the year-to-date 2015, we issued 271,856 performance share units, net of forfeitures, to certain members of management, which vest if certain financial performance objectives are achieved over a three -year performance period and the grantee remains employed by us during that period. At August 1, 2015 , 705,206 nonvested performance share units were outstanding. The financial performance objectives for each fiscal year within the three-year performance period are approved by the Compensation Committee of our Board of Directors during the first quarter of the respective fiscal year. As a result of the process used to establish the financial performance objectives, we will only meet the requirements of establishing a grant date for the performance share units when we communicate the financial performance objectives for the third fiscal year of the award to the award recipients, which will then trigger the service inception date, the fair value of the awards, and the associated expense recognition period. Therefore, we have recognized no expense for these issued performance share units in the year-to-date 2015. If we meet the applicable threshold financial performance objectives over the three-year performance period and the grantee remains employed by us through the end of the performance period, the performance share units will vest on the first trading day after we file our Annual Report on Form 10-K for the last fiscal year in the performance period. In the second quarter of 2015 , 20,400 common shares underlying the restricted stock awards granted in 2014 to the non-employee members of our Board of Directors vested on the trading day immediately preceding our 2015 Annual Meeting of Shareholders. These awards were part of the annual compensation granted in 2014 to the non-employee members of the Board of Directors. Additionally, in the second quarter of 2015 , each non-employee elected to our Board of Directors at our 2015 Annual Meeting of Shareholders received an annual restricted stock award having a grant date fair value of approximately $110,000 . The 2015 restricted stock awards will vest on the earlier of (1) the trading day immediately preceding our 2016 Annual Meeting of Shareholders, or (2) the non-employee director’s death or disability. However, the restricted stock award will not vest if the non-employee director ceases to serve on our Board of Directors before either vesting event occurs. The following activity occurred under our share-based plans during the respective periods shown: Second Quarter Year-to-Date (In thousands) 2015 2014 2015 2014 Total intrinsic value of stock options exercised $ 59 $ 3,341 $ 4,842 $ 5,930 Total fair value of restricted stock vested 1,130 888 5,912 1,411 Total fair value of performance shares vested — 558 — 558 The total unearned compensation cost related to all share-based awards outstanding, excluding performance share units, at August 1, 2015 was approximately $23.5 million . This compensation cost is expected to be recognized through January 2019 based on existing vesting terms with the weighted-average remaining expense recognition period being approximately 1.6 years from August 1, 2015 .

Employee Benefit Plans

Employee Benefit Plans	6 Months Ended
	Aug. 01, 2015
Compensation and Retirement Disclosure [Abstract]
EMPLOYEE BENEFIT PLANS	EMPLOYEE BENEFIT PLANS We maintain a qualified defined benefit pension plan and a nonqualified supplemental defined benefit pension plan covering certain employees whose hire date occurred before April 1, 1994. The weighted-average assumptions used to determine net periodic pension cost for our plans were as follows: 2015 2014 Discount rate 3.3 % 5.0 % Rate of increase in compensation levels 2.8 % 3.0 % Expected long-term rate of return 5.2 % 6.0 % The components of combined net periodic pension cost were as follows: Second Quarter Year-to-Date (In thousands) 2015 2014 2015 2014 Service cost - benefits earned in the period $ 512 $ 487 $ 1,024 $ 974 Interest cost on projected benefit obligation 594 807 1,188 1,614 Expected investment return on plan assets (654 ) (805 ) (1,307 ) (1,610 ) Amortization of actuarial loss 502 371 1,004 743 Amortization of prior service cost 2 (8 ) 3 (17 ) Net periodic pension cost $ 956 $ 852 $ 1,912 $ 1,704 From time to time, we consider the financial benefits, such as reduced regulatory fees and income tax deductions, of making a voluntary contribution to the qualified defined benefit pension plan. We currently expect to make a voluntary contribution of $10.7 million to the qualified defined benefit pension plan during 2015 . We will contribute to the nonqualified supplemental defined benefit pension plan as benefits are paid to plan participants, if any, because the nonqualified plan is not a funded plan.

Income Taxes

Income Taxes	6 Months Ended
	Aug. 01, 2015
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES We have estimated the reasonably possible expected net change in unrecognized tax benefits through July 30, 2016, based on 1) expected cash and noncash settlements or payments of uncertain tax positions, and 2) lapses of the applicable statutes of limitations for unrecognized tax benefits. The estimated net decrease in unrecognized tax benefits for the next 12 months is approximately $4.0 million . Actual results may differ materially from this estimate.

Contingencies

Contingencies	6 Months Ended
	Aug. 01, 2015
Commitments and Contingencies Disclosure [Abstract]
CONTINGENCIES	CONTINGENCIES On May 21, May 22 and July 2, 2012, three shareholder derivative lawsuits were filed in the U.S. District Court for the Southern District of Ohio against us and certain of our current and former outside directors and executive officers (Jeffrey Berger, David Kollat, Brenda Lauderback, Philip Mallott, Russell Solt, Dennis Tishkoff, Robert Claxton, Joe Cooper, Steven Fishman, Charles Haubiel, Timothy Johnson, John Martin, Norman Rankin, Paul Schroeder, Robert Segal and Steven Smart). The lawsuits were consolidated, and, on August 13, 2012, plaintiffs filed a consolidated complaint, which generally alleges that the individual defendants traded in our common shares based on material, nonpublic information concerning our guidance for fiscal 2012 and the first quarter of fiscal 2012 and the director defendants failed to suspend our share repurchase program during such trading activity. The consolidated complaint asserts claims under Ohio law for breach of fiduciary duty, unjust enrichment, misappropriation of trade secrets and corporate waste and seeks declaratory relief and disgorgement to us of proceeds from any wrongful sales of our common shares, plus attorneys’ fees and expenses. The defendants filed a motion to dismiss the consolidated complaint, which was granted by the Court in an Opinion and Order dated April 14, 2015, pursuant to which plaintiffs’ claims were all dismissed with prejudice, with the exception of their claim for corporate waste, which was dismissed without prejudice. On May 5, 2015, plaintiffs filed a Motion for Leave to File Verified Consolidated Amended Shareholder Derivative Complaint, which seeks to replead the claim for corporate waste that was dismissed without prejudice by the Court, as well as a Motion for Reconsideration and, in the Alternative, for Certification of Question of State Law to the Supreme Court of Ohio. Defendants’ responses to both motions were filed on May 29, 2015. We received a letter dated January 28, 2013, sent on behalf of a shareholder demanding that our Board of Directors investigate and take action in connection with the allegations made in the derivative and securities lawsuits described above. The shareholder indicated that he would commence a derivative lawsuit if our Board of Directors failed to take the demanded action. On March 6, 2013, our Board of Directors referred the shareholder’s letter to a committee of independent directors to investigate the matter. That committee, with the assistance of independent outside counsel, investigated the allegations in the shareholder’s demand letter and, on August 28, 2013, reported its findings to our Board of Directors along with its recommendation that the Board reject the shareholder’s demand. Our Board of Directors unanimously accepted the recommendation of the demand investigation committee and, on September 9, 2013, outside counsel for the committee sent a letter to counsel for the shareholder informing the shareholder of the Board’s determination. On October 18, 2013, the shareholder filed a derivative lawsuit in the U.S. District Court for the Southern District of Ohio against us and each of the current and former outside directors and executive officers named in the 2012 shareholder derivative lawsuit. The plaintiff’s complaint generally alleges that the individual defendants traded in our common shares based on material, nonpublic information concerning our guidance for fiscal 2012 and the first quarter of fiscal 2012 and the director defendants failed to suspend our share repurchase program during such trading activity. The complaint asserts claims under Ohio law for breach of fiduciary duty, unjust enrichment, abuse of control, gross mismanagement, corporate waste and misappropriation of trade secrets and seeks damages, injunctive relief and disgorgement to us of proceeds from any wrongful sales of our common shares, plus attorneys’ fees and expenses. The defendants filed a motion to dismiss the complaint, which was granted by the Court in an Opinion and Order dated April 14, 2015, which dismissed the plaintiff’s claims with prejudice with the exception of his claim for corporate waste and his assertion that our Board of Directors wrongfully rejected his demand to take action against the individually named defendants. On May 5, 2015, the Court so ordered the parties’ stipulation, staying plaintiff’s time to seek leave to amend his complaint in order to make a request to inspect the Company’s books and records pursuant to Ohio Revised Code §1701.37, and plaintiff served that request for inspection on May 8, 2015. On July 9, 2012, a putative securities class action lawsuit was filed in the U.S. District Court for the Southern District of Ohio on behalf of persons who acquired our common shares between February 2, 2012 and April 23, 2012. This lawsuit was filed against us, Lisa Bachmann, Mr. Cooper, Mr. Fishman and Mr. Haubiel. The complaint in the putative class action generally alleges that the defendants made statements concerning our financial performance that were false or misleading. The complaint asserts claims under sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 and seeks damages in an unspecified amount, plus attorneys’ fees and expenses. The lead plaintiff filed an amended complaint on April 4, 2013, which added Mr. Johnson as a defendant, removed Ms. Bachmann as a defendant, and extended the putative class period to August 23, 2012. The defendants have filed a motion to dismiss the putative class action complaint, and that motion is fully briefed and awaiting a decision. On February 10, 2014, a shareholder derivative lawsuit was filed in the Franklin County Common Pleas Court in Columbus, Ohio, against us and certain of our current and former outside directors and executive officers (David Campisi, Steven Fishman, Joe Cooper, Charles Haubiel, Timothy Johnson, Robert Claxton, John Martin, Norman Rankin, Paul Schroeder, Robert Segal, Steven Smart, David Kollat, Jeffrey Berger, James Chambers, Peter Hayes, Brenda Lauderback, Philip Mallott, Russell Solt, James Tener and Dennis Tishkoff). The plaintiff’s complaint generally alleges that the individual defendants traded in our common shares based on material, nonpublic information concerning our guidance for fiscal 2012 and the first quarter of fiscal 2012 and the director defendants failed to suspend our share repurchase program during such trading activity. The complaint also alleges that we and various individual defendants made false and misleading statements regarding our Canadian operations prior to our announcement on December 5, 2013 that we were exiting the Canadian market. The complaint asserts claims under Ohio law for breach of fiduciary duty, unjust enrichment, waste of corporate assets and misappropriation of insider information and seeks damages, injunctive relief and disgorgement to us of proceeds from any wrongful sales of our common shares, plus attorneys’ fees and expenses. At the parties’ request, the court has stayed this lawsuit until after the judge in the federal lawsuits discussed in the preceding paragraphs has ruled on the motions to dismiss pending in all those federal lawsuits. We believe that the shareholder derivative and putative class action lawsuits are without merit, and we intend to defend ourselves vigorously against the allegations levied in these lawsuits. While a loss from these lawsuits is reasonably possible, at this time, we cannot reasonably estimate the amount of any loss that may result or whether the lawsuits will have a material impact on our financial statements. On October 1, 2013, we received a subpoena from the District Attorney for the County of Alameda, State of California, seeking information concerning our handling of hazardous materials and hazardous waste in the State of California. We have provided information and are cooperating with the authorities from multiple counties and cities in California in connection with this ongoing matter. While a loss related to this matter is reasonably possible, at this time, we cannot reasonably estimate the possible loss or range of loss that may arise from this matter or whether this matter will have a material impact on our financial statements. In October 2014, Big Lots received a notice of a second violation from the California Air Resources Board alleging that it sold certain products that contained volatile organic compounds in excess of regulated limits (windshield washer fluid). This matter is in its early stages and settlement discussions are continuing. We anticipate that any resolution of this matter is likely to exceed $100,000 . In 2013, we sold certain tabletop torch and citronella products manufactured by a third party. In August 2013, we recalled these products and discontinued their sale in our stores. In 2014, we were named as a defendant in a number of lawsuits relating to these products alleging personal injuries suffered as a result of negligent shelving and pairing of the products, product design, manufacturing and marketing defects and/or breach of warranties. Although we believe that we are entitled to indemnification from the third party manufacturer of the products for all of the expenses that we have incurred (and may in the future incur) with respect to these matters and that these expenses are covered by our insurance (subject to a $1 million deductible), in the second quarter of 2015, we (1) determined that our ability to obtain any recovery from the manufacturer may be limited because, among other things, the manufacturer has exhausted its applicable insurance coverage, is domiciled outside the United States and has been dissolved by its parent and (2) became engaged in litigation with our excess insurance carrier regarding the scope of our coverage. In the second quarter of 2015, we settled one of the lawsuits and reached an agreement in principle to settle another lawsuit, which is expected to be finalized in fiscal 2015. Two additional lawsuits remain pending against Big Lots in the United States District Court for the Western District of Pennsylvania and the United States District Court for the District of New Jersey, respectively. Both of the outstanding lawsuits are in the initial stages of litigation and discovery has not yet commenced in either case. During the second quarter of 2015, we recorded a $4.5 million charge related to these matters. Due to the inherent uncertainties of litigation, there can be no assurance that these lawsuits, whether as a result of adverse outcomes or as a result of significant defense costs, will not have a material effect on our financial condition, results of operations or cash flows, or that additional lawsuits relating to these products will not be filed against us in the future. We are involved in other legal actions and claims arising in the ordinary course of business. We currently believe that each such action and claim will be resolved without a material effect on our financial condition, results of operations, or liquidity. However, litigation involves an element of uncertainty. Future developments could cause these actions or claims to have a material effect on our financial condition, results of operations, and liquidity.

Business Segment Data

Business Segment Data	6 Months Ended
	Aug. 01, 2015
Segment Reporting [Abstract]
BUSINESS SEGMENT DATA	BUSINESS SEGMENT DATA We use the following seven merchandise categories, which match our internal management and reporting of merchandise net sales: Food, Consumables, Soft Home, Hard Home, Furniture, Seasonal, and Electronics & Accessories. The Food category includes our beverage & grocery, candy & snacks, and specialty foods departments. The Consumables category includes our health and beauty, plastics, paper, chemical, and pet departments. The Soft Home category includes the home décor, frames, fashion bedding, utility bedding, bath, window, decorative textile, and area rugs departments. The Hard Home category includes our small appliances, table top, food preparation, stationery, greeting cards, tools, paint, and home maintenance departments. The Furniture category includes our upholstery, mattress, ready-to-assemble, and case goods departments. The Seasonal category includes our lawn & garden, summer, Christmas, toys, and other holiday departments. The Electronics & Accessories category includes the electronics, jewelry, hosiery, and infant accessories departments. In the first quarter of 2015, we realigned our merchandise categories to be consistent with the realignment of our merchandising team. See the Reclassifications section of note 1 to the consolidated financial statements for additional information. We periodically assess, and potentially enact minor adjustments to, our product hierarchy, which can impact the roll-up of our merchandise categories. Our financial reporting process utilizes the most current product hierarchy in reporting net sales by merchandise category for all periods presented. Therefore, there may be minor reclassifications of net sales by merchandise category compared to previously reported amounts. The following table presents net sales data by merchandise category: Second Quarter Year-to-Date (In thousands 2015 2014 2015 2014 Consumables $ 235,353 $ 238,417 $ 457,127 $ 462,912 Furniture 233,776 216,102 572,645 524,199 Seasonal 232,934 239,277 423,151 442,197 Food 192,749 182,736 396,022 382,411 Soft Home 133,966 126,597 281,386 267,616 Hard Home 111,688 117,321 215,314 233,834 Electronics & Accessories 69,220 74,913 144,496 163,465 Net sales $ 1,209,686 $ 1,195,363 $ 2,490,141 $ 2,476,634

Components of Accumulated Other

Components of Accumulated Other Comprehensive Loss	6 Months Ended
	Aug. 01, 2015
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
COMPONENTS OF ACCUMULATED OTHER COMPREHENSIVE LOSS	COMPONENTS OF ACCUMULATED OTHER COMPREHENSIVE LOSS The following table summarizes the components of accumulated other comprehensive loss, net of tax, during 2014 and 2015 : (In thousands) Foreign currency translation Pension Plan Total accumulated other comprehensive loss Balance at February 1, 2014 $ (5,022 ) $ (8,489 ) $ (13,511 ) Other comprehensive income before reclassifications (39 ) — (39 ) Amounts reclassified from accumulated other comprehensive loss 5,061 423 5,484 Net period change 5,022 423 5,445 Balance at August 2, 2014 — (8,066 ) (8,066 ) Other comprehensive income before reclassifications — (8,180 ) (8,180 ) Amounts reclassified from accumulated other comprehensive loss — 1,590 1,590 Net period change — (6,590 ) (6,590 ) Balance at January 31, 2015 — (14,656 ) (14,656 ) Other comprehensive income before reclassifications — 356 356 Amounts reclassified from accumulated other comprehensive loss — 599 599 Net period change — 955 955 Balance at August 1, 2015 $ — $ (13,701 ) $ (13,701 ) The following table summarizes the components of accumulated other comprehensive loss, net of tax, during the second quarter of 2014 : (In thousands) Foreign currency translation Pension Plan Total accumulated other comprehensive loss Balance at May 3, 2014 $ — $ (8,285 ) $ (8,285 ) Other comprehensive income before reclassifications — — — Amounts reclassified from accumulated other comprehensive loss — 219 219 Net period change — 219 219 Balance at August 2, 2014 $ — $ (8,066 ) $ (8,066 ) The following table summarizes the components of accumulated other comprehensive loss, net of tax, during the second quarter of 2015 : (In thousands) Foreign currency translation Pension Plan Total accumulated other comprehensive loss Balance at May 2, 2015 $ — $ (13,997 ) $ (13,997 ) Other comprehensive income before reclassifications — — — Amounts reclassified from accumulated other comprehensive loss — 296 296 Net period change — 296 296 Balance at August 1, 2015 $ — $ (13,701 ) $ (13,701 ) The amounts reclassified from accumulated other comprehensive income associated with our pension plans have been reclassified to selling and administrative expenses in our statements of operations. Please see note 6 to the consolidated financial statements for further information on our pension plans. The amounts reclassified from accumulated other comprehensive income associated with foreign currency translation have been reclassified to (loss) income from discontinued operations in our statements of operations, as the amounts related to our former Canadian operations. Please see note 12 to the consolidated financial statements for further information on our discontinued operations.

Derivative Instruments

Derivative Instruments	6 Months Ended
	Aug. 01, 2015
Derivative [Line Items]
DERIVATIVE INSTRUMENTS	DERIVATIVE INSTRUMENTS In the first quarter of 2015, our Board of Directors authorized our management to enter into derivative instruments designed to mitigate certain risks; and we entered into collar contracts to mitigate our risk associated with market fluctuations in diesel fuel prices. These contracts are used strictly to limit our risk exposure and not as speculative transactions. Our derivative instruments associated with diesel fuel do not meet the requirements for cash flow hedge accounting. Therefore, our derivative instruments associated with diesel fuel will be marked-to-market to determine their fair value; and the associated gains and losses will be recognized currently in other income (expense) on our consolidated statements of operations. Our outstanding derivative instrument contracts for the second quarter of 2015 were comprised of the following: Second Quarter (In thousands) 2015 Diesel fuel collars (in gallons) 7,675 The fair value of our outstanding derivative instrument contracts was as follows: Assets (Liabilities) (In thousands) Second Quarter Derivative Instrument Balance Sheet Location 2015 Diesel fuel collars Other current assets $ 216 Other assets 656 Accrued operating expenses (1,086 ) Other liabilities (1,500 ) Total derivative instruments $ (1,714 ) The effect of derivative instruments on the consolidated statements of operations was as follows: Amount of Gain (Loss) (In thousands) Second Quarter Year-to-Date Derivative Instrument Statements of Operations Location 2015 2015 Diesel fuel collars Realized Other income (expense) $ — $ — Unrealized Other income (expense) (1,742 ) (1,714 ) Total derivative instruments $ (1,742 ) $ (1,714 ) The fair values of our derivative instruments are determined using observable inputs from commonly quoted markets. These fair value measurements are classified as Level 2 within the fair value hierarchy.

Discontinued Operations

Discontinued Operations	6 Months Ended
	Aug. 01, 2015
Discontinued Operations and Disposal Groups [Abstract]
DISCONTINUED OPERATIONS	DISCONTINUED OPERATIONS Our discontinued operations for the second quarter and year-to-date of 2015 and 2014 were comprised of the following: Second Quarter Year-to-Date (In thousands 2015 2014 2015 2014 Canadian operations $ (86 ) $ (1,048 ) $ (171 ) $ (35,154 ) Other (37 ) (67 ) (107 ) (149 ) Total loss from discontinued operations, pretax $ (123 ) $ (1,115 ) $ (278 ) $ (35,303 ) Canadian Operations During the fourth quarter of 2013, we announced our intention to wind down our Canadian operations. We began the wind down activities during the fourth quarter of 2013, which included the closing of our Canadian distribution centers. We completed the wind down activities during the first quarter of 2014, which included the closure of our Canadian stores and corporate offices. Therefore, we determined the results of our Canadian operations should be reported as discontinued operations. The results of our Canadian operations historically consisted of sales of product to retail customers, the costs associated with those products, and selling and administrative expenses, including personnel, purchasing, warehousing, distribution, occupancy and overhead costs. In the first quarter of 2014, the results of our Canadian operations also included significant contract termination costs of $23.0 million , severance charges of $2.2 million and a loss on the realization of our cumulative translation adjustment on our investment in our Canadian operations of $5.1 million . In addition to the costs associated with our Canadian operations, we reclassified to discontinued operations the direct expenses incurred by our U.S. operations to facilitate the wind down. These costs primarily consist of professional fees. We also reclassified the income tax benefit that we expect our U.S. operations to generate as a result of the wind down of our Canadian operations, based on our ability to recover a worthless stock deduction in the foreseeable future. During the second quarter of 2014 and the year-to-date 2014, the amount of this income tax benefit that we recognized was approximately $3.8 million and $12.7 million , respectively. The loss from discontinued Canadian operations presented in our consolidated statements of operations was comprised of the following: Second Quarter Year-to-Date (In thousands) 2015 2014 2015 2014 Net sales $ — $ — $ — $ 6,040 Cost of sales (exclusive of depreciation expense shown separately below) — (1 ) 3 3,380 Gross margin — 1 (3 ) 2,660 Selling and administrative expenses 17 924 170 32,873 Depreciation expense — 17 — 17 Operating loss (17 ) (940 ) (173 ) (30,230 ) Interest expense — (5 ) — (27 ) Other income (expense) (69 ) (103 ) 2 (4,897 ) Loss from discontinued operations before income taxes (86 ) (1,048 ) (171 ) (35,154 ) Income tax benefit (31 ) (3,808 ) (65 ) (12,733 ) (Loss) income from discontinued operations $ (55 ) $ 2,760 $ (106 ) $ (22,421 )

Basis of Presentation and Sum22

Basis of Presentation and Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Aug. 01, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Fiscal Period, Policy [Policy Text Block]	Fiscal Periods Our fiscal year ends on the Saturday nearest to January 31, which results in fiscal years consisting of 52 or 53 weeks . Unless otherwise stated, references to years in this report relate to fiscal years rather than calendar years. Fiscal year 2015 (“ 2015 ”) is comprised of the 52 weeks that began on February 1, 2015 and will end on January 30, 2016 . Fiscal year 2014 (“ 2014 ”) was comprised of the 52 weeks that began on February 2, 2014 and ended on January 31, 2015 . The fiscal quarters ended August 1, 2015 (“ second quarter of 2015 ”) and August 2, 2014 (“ second quarter of 2014 ”) were both comprised of 13 weeks. The year-to-date periods ended August 1, 2015 (“year-to-date 2015 ”) and August 2, 2014 (“year-to-date 2014 ”) were both comprised of 26 weeks.
Selling, General and Administrative Expenses, Policy [Policy Text Block]	Selling and Administrative Expenses Selling and administrative expenses include store expenses (such as payroll and occupancy costs) and costs related to warehousing, distribution, outbound transportation to our stores, advertising, purchasing, insurance, non-income taxes, and overhead. Our selling and administrative expense rates may not be comparable to those of other retailers that include distribution and outbound transportation costs in cost of sales. Distribution and outbound transportation costs included in selling and administrative expenses were $37.7 million and $37.3 million for the second quarter of 2015 and the second quarter of 2014 , respectively, and $79.3 million and $78.1 million for the year-to-date 2015 and the year-to-date 2014 , respectively.
Advertising Costs, Policy [Policy Text Block]	Advertising Expense Advertising costs, which are expensed as incurred, consist primarily of television and print advertising, digital or internet marketing and advertising, and in-store point-of-purchase presentations. Advertising expenses are included in selling and administrative expenses. Advertising expenses were $16.1 million and $18.9 million for the second quarter of 2015 and the second quarter of 2014 , respectively, and $37.8 million and $40.8 million for the year-to-date 2015 and the year-to-date 2014 , respectively.
Derivatives, Policy [Policy Text Block]	Derivative Instruments We use derivative instruments to mitigate the risk of market fluctuations in diesel fuel prices. We do not enter into derivative instruments for speculative purposes. Our derivative instruments may consist of collar or swap contracts. Our current derivative instruments do not meet the requirements for cash flow hedge accounting. Instead, our derivative instruments are marked-to-market to determine their fair value and any gains or losses are recognized currently in other income (expense) on our consolidated statements of operations.
Reclassification, Policy [Policy Text Block]	Reclassifications Merchandise Categories In the first quarter of 2015, we realigned select merchandise categories to be consistent with the realignment of our merchandising team and changes to our management reporting. Specifically, we reclassified our home décor and frames departments from our former Furniture & Home Décor category to our Soft Home category. Subsequently, we changed the name of our Furniture & Home Décor category to Furniture. In order to provide comparative information, we have reclassified our net sales by merchandise category into this revised alignment for all periods presented in note 9 to the consolidated financial statements. We periodically assess, and make minor adjustments to, our product hierarchy, which can impact the roll-up of our merchandise categories. Our financial reporting process utilizes the most current product hierarchy in reporting net sales by merchandise category for all periods presented. Therefore, there may be minor reclassifications of net sales by merchandise category compared to previously reported amounts.
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-09, Revenue from Contracts with Customers (Topic 606) . This update provides a comprehensive new revenue recognition model that requires a company to recognize revenue to depict the transfer of goods or services to a customer at an amount that reflects the consideration we expect to receive in exchange for those goods or services. Additionally, this guidance expands related disclosure requirements. The pronouncement was originally set to be effective for annual and interim reporting periods beginning after December 15, 2016. In July 2015, the FASB approved a one-year deferral of the effective date from December 15, 2016 to December 15, 2017, but will allow for early adoption as of December 15, 2016. This ASU permits the use of either the retrospective or cumulative effect transition method. We are currently evaluating the impact this guidance will have on our consolidated financial statements as well as the expected adoption method.

Basis of Presentation and Sum23

Basis of Presentation and Summary of Significant Account Policies (Tables)	6 Months Ended
	Aug. 01, 2015
Other Significant Noncash Transactions [Line Items]
Schedule of Other Significant Noncash Transactions [Table Text Block]	The following table provides supplemental cash flow information for the year-to-date 2015 and the year-to-date 2014 : Twenty-Six Weeks Ended (In thousands) August 1, 2015 August 2, 2014 Supplemental disclosure of cash flow information: Cash paid for interest, including capital leases $ 928 $ 585 Cash paid for income taxes, excluding impact of refunds 54,907 68,314 Gross proceeds from borrowings under the bank credit facility 842,200 677,300 Gross repayments of borrowings under the bank credit facility 681,100 697,800 Non-cash activity: Assets acquired under capital leases 9,655 — Accrued property and equipment 16,664 10,666 Cash flows from discontinued operations: Net cash provided by (used in) operating activities, discontinued operations 496 (37,548 ) Net cash provided by investing activities, discontinued operations $ — $ 522

Shareholders' Equity (Tables)

Shareholders' Equity (Tables)	6 Months Ended
	Aug. 01, 2015
Equity [Abstract]
Dividends Declared [Table Text Block]	The Company declared and paid cash dividends per common share during the periods presented as follows: Dividends Amount Declared Amount Paid 2014: (in thousands) (in thousands) Second quarter $ 0.17 $ 9,585 $ 9,366 Total $ 0.17 $ 9,585 $ 9,366 2015: (in thousands) (in thousands) First quarter $ 0.19 $ 10,479 $ 10,197 Second quarter 0.19 10,069 9,734 Total $ 0.38 $ 20,548 $ 19,931

Share-Based Plans (Tables)

Share-Based Plans (Tables)	6 Months Ended
	Aug. 01, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]	The following table summarizes stock option activity for the year-to-date 2015 : Number of Options Weighted Average Exercise Price Per Share Weighted Average Remaining Contractual Term (years) Aggregate Intrinsic Value (000's) Outstanding stock options at January 31, 2015 1,703,213 $ 37.59 Exercised (398,098 ) 37.66 Forfeited (56,300 ) 34.95 Outstanding stock options at May 2, 2015 1,248,815 $ 37.69 3.9 $ 10,538 Exercised (5,725 ) 35.95 Forfeited — — Outstanding stock options at August 1, 2015 1,243,090 $ 37.70 3.7 $ 7,013 Vested or expected to vest at August 1, 2015 1,196,075 $ 37.70 3.7 $ 6,748 Exercisable at August 1, 2015 722,775 $ 37.87 3.1 $ 3,971
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units, Activity [Table Text Block]	The following table summarizes the non-vested restricted stock awards and restricted stock units activity for the year-to-date 2015 : Number of Shares Weighted Average Grant-Date Fair Value Per Share Outstanding non-vested restricted stock at January 31, 2015 744,805 $ 38.13 Granted 189,778 49.33 Vested (95,908 ) 37.16 Forfeited (16,122 ) 34.36 Outstanding non-vested restricted stock at May 2, 2015 822,553 $ 40.90 Granted 26,163 46.17 Vested (24,551 ) 43.01 Forfeited (1,504 ) 48.67 Outstanding non-vested restricted stock at August 1, 2015 822,661 $ 41.02
Schedule of Share Based Compensation, Additional Information [Table Text Block]	The following activity occurred under our share-based plans during the respective periods shown: Second Quarter Year-to-Date (In thousands) 2015 2014 2015 2014 Total intrinsic value of stock options exercised $ 59 $ 3,341 $ 4,842 $ 5,930 Total fair value of restricted stock vested 1,130 888 5,912 1,411 Total fair value of performance shares vested — 558 — 558

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	6 Months Ended
	Aug. 01, 2015
Compensation and Retirement Disclosure [Abstract]
Schedule of Assumptions Used [Table Text Block]	The weighted-average assumptions used to determine net periodic pension cost for our plans were as follows: 2015 2014 Discount rate 3.3 % 5.0 % Rate of increase in compensation levels 2.8 % 3.0 % Expected long-term rate of return 5.2 % 6.0 %
Schedule of Net Benefit Costs [Table Text Block]	The components of combined net periodic pension cost were as follows: Second Quarter Year-to-Date (In thousands) 2015 2014 2015 2014 Service cost - benefits earned in the period $ 512 $ 487 $ 1,024 $ 974 Interest cost on projected benefit obligation 594 807 1,188 1,614 Expected investment return on plan assets (654 ) (805 ) (1,307 ) (1,610 ) Amortization of actuarial loss 502 371 1,004 743 Amortization of prior service cost 2 (8 ) 3 (17 ) Net periodic pension cost $ 956 $ 852 $ 1,912 $ 1,704

Business Segment Data (Tables)

Business Segment Data (Tables)	6 Months Ended
	Aug. 01, 2015
Segment Reporting [Abstract]
Schedule of Net Sales by Category [Table Text Block]	The following table presents net sales data by merchandise category: Second Quarter Year-to-Date (In thousands 2015 2014 2015 2014 Consumables $ 235,353 $ 238,417 $ 457,127 $ 462,912 Furniture 233,776 216,102 572,645 524,199 Seasonal 232,934 239,277 423,151 442,197 Food 192,749 182,736 396,022 382,411 Soft Home 133,966 126,597 281,386 267,616 Hard Home 111,688 117,321 215,314 233,834 Electronics & Accessories 69,220 74,913 144,496 163,465 Net sales $ 1,209,686 $ 1,195,363 $ 2,490,141 $ 2,476,634

Components of Accumulated Oth28

Components of Accumulated Other Comprehensive Loss (Tables)	6 Months Ended
	Aug. 01, 2015
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
COMPONENTS OF ACCUMULATED OTHER COMPREHENSIVE LOSS	The following table summarizes the components of accumulated other comprehensive loss, net of tax, during the second quarter of 2014 : (In thousands) Foreign currency translation Pension Plan Total accumulated other comprehensive loss Balance at May 3, 2014 $ — $ (8,285 ) $ (8,285 ) Other comprehensive income before reclassifications — — — Amounts reclassified from accumulated other comprehensive loss — 219 219 Net period change — 219 219 Balance at August 2, 2014 $ — $ (8,066 ) $ (8,066 ) The following table summarizes the components of accumulated other comprehensive loss, net of tax, during the second quarter of 2015 : (In thousands) Foreign currency translation Pension Plan Total accumulated other comprehensive loss Balance at May 2, 2015 $ — $ (13,997 ) $ (13,997 ) Other comprehensive income before reclassifications — — — Amounts reclassified from accumulated other comprehensive loss — 296 296 Net period change — 296 296 Balance at August 1, 2015 $ — $ (13,701 ) $ (13,701 ) The following table summarizes the components of accumulated other comprehensive loss, net of tax, during 2014 and 2015 : (In thousands) Foreign currency translation Pension Plan Total accumulated other comprehensive loss Balance at February 1, 2014 $ (5,022 ) $ (8,489 ) $ (13,511 ) Other comprehensive income before reclassifications (39 ) — (39 ) Amounts reclassified from accumulated other comprehensive loss 5,061 423 5,484 Net period change 5,022 423 5,445 Balance at August 2, 2014 — (8,066 ) (8,066 ) Other comprehensive income before reclassifications — (8,180 ) (8,180 ) Amounts reclassified from accumulated other comprehensive loss — 1,590 1,590 Net period change — (6,590 ) (6,590 ) Balance at January 31, 2015 — (14,656 ) (14,656 ) Other comprehensive income before reclassifications — 356 356 Amounts reclassified from accumulated other comprehensive loss — 599 599 Net period change — 955 955 Balance at August 1, 2015 $ — $ (13,701 ) $ (13,701 )

Derivative Instruments (Tables)

Derivative Instruments (Tables)	6 Months Ended
	Aug. 01, 2015
Derivative [Line Items]
Schedule of Notional Amounts of Outstanding Derivative Positions [Table Text Block]	Our outstanding derivative instrument contracts for the second quarter of 2015 were comprised of the following: Second Quarter (In thousands) 2015 Diesel fuel collars (in gallons) 7,675
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]	The fair value of our outstanding derivative instrument contracts was as follows: Assets (Liabilities) (In thousands) Second Quarter Derivative Instrument Balance Sheet Location 2015 Diesel fuel collars Other current assets $ 216 Other assets 656 Accrued operating expenses (1,086 ) Other liabilities (1,500 ) Total derivative instruments $ (1,714 )
Derivative Instruments, Gain (Loss) [Table Text Block]	The effect of derivative instruments on the consolidated statements of operations was as follows: Amount of Gain (Loss) (In thousands) Second Quarter Year-to-Date Derivative Instrument Statements of Operations Location 2015 2015 Diesel fuel collars Realized Other income (expense) $ — $ — Unrealized Other income (expense) (1,742 ) (1,714 ) Total derivative instruments $ (1,742 ) $ (1,714 )

Discontinued Operations (Tables

Discontinued Operations (Tables)	6 Months Ended
	Aug. 01, 2015
Discontinued Operations and Disposal Groups [Abstract]
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block]	The loss from discontinued Canadian operations presented in our consolidated statements of operations was comprised of the following: Second Quarter Year-to-Date (In thousands) 2015 2014 2015 2014 Net sales $ — $ — $ — $ 6,040 Cost of sales (exclusive of depreciation expense shown separately below) — (1 ) 3 3,380 Gross margin — 1 (3 ) 2,660 Selling and administrative expenses 17 924 170 32,873 Depreciation expense — 17 — 17 Operating loss (17 ) (940 ) (173 ) (30,230 ) Interest expense — (5 ) — (27 ) Other income (expense) (69 ) (103 ) 2 (4,897 ) Loss from discontinued operations before income taxes (86 ) (1,048 ) (171 ) (35,154 ) Income tax benefit (31 ) (3,808 ) (65 ) (12,733 ) (Loss) income from discontinued operations $ (55 ) $ 2,760 $ (106 ) $ (22,421 ) Our discontinued operations for the second quarter and year-to-date of 2015 and 2014 were comprised of the following: Second Quarter Year-to-Date (In thousands 2015 2014 2015 2014 Canadian operations $ (86 ) $ (1,048 ) $ (171 ) $ (35,154 ) Other (37 ) (67 ) (107 ) (149 ) Total loss from discontinued operations, pretax $ (123 ) $ (1,115 ) $ (278 ) $ (35,303 )

Basis of Presentation and Sum31

Basis of Presentation and Summary of Significant Accounting Policies (Details) $ in Millions	3 Months Ended		6 Months Ended
	Aug. 01, 2015USD ($)	Aug. 02, 2014USD ($)	Aug. 01, 2015USD ($)	Aug. 02, 2014USD ($)
Component of Operating Other Cost and Expense [Abstract]
Number of Stores	1,464		1,464
Number of States in which Entity Operates	48		48
Operating Cycle			52 or 53 weeks
Fiscal Period
Current Quarter Period
Current Quarter Year To Date Period
Distribution and Outbound Transportation Costs	$ 37.7	$ 37.3	$ 79.3	$ 78.1
Advertising Expense	$ 16.1	$ 18.9	$ 37.8	$ 40.8

Basis of Presentation and Sum32

Basis of Presentation and Summary of Significant Accounting Policies - Supplemental Cash Flow Disclosures (Details) - USD ($) $ in Thousands	6 Months Ended
	Aug. 01, 2015	Aug. 02, 2014
Supplemental disclosure of cash flow information:
Cash paid for interest, including capital leases	$ 928	$ 585
Cash paid for income taxes, excluding impact of refunds	54,907	68,314
Gross proceeds from borrowings under the bank credit facility	842,200	677,300
Gross repayments of borrowings under the bank credit facility	681,100	697,800
Non-cash activity:
Assets acquired under capital leases	9,655	0
Accrued property and equipment	16,664	10,666
Cash flows from discontinued operations:
Net cash provided by (used in) operating activities, discontinued operations	496	(37,548)
Net cash provided by investing activities, discontinued operations	$ 0	$ 522

Bank Credit Facility (Details)

Bank Credit Facility (Details) - 2011 Credit Agreement [Member] - USD ($) $ in Millions	1 Months Ended	6 Months Ended
	May. 30, 2015	Aug. 01, 2015	May. 28, 2015
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity			$ 700
Debt Instrument, Term	5 years
Deferred Finance Costs, Gross			$ 0.8
Line of Credit Facility, Swing Loan Sublimit		$ 30
Line of Credit Facility, Letter of Credit Sublimit		150
Line of Credit Facility, Amount Outstanding		223.2
Line of Credit Facility, Letters of Credit Outstanding		21.2
Line of Credit Facility, Remaining Borrowing Capacity		$ 455.6

Fair Value Measurements (Detail

Fair Value Measurements (Details) - USD ($) $ in Millions	Aug. 01, 2015	Jan. 31, 2015
Fair Value, Measurements, Recurring [Member] | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading Securities, Fair Value Disclosure	$ 18.1	$ 16.9

Shareholders' Equity - Earnings

Shareholders' Equity - Earnings Per Share (Details) - shares	3 Months Ended		6 Months Ended
	Aug. 01, 2015	Aug. 02, 2014	Aug. 01, 2015	Aug. 02, 2014
Earnings Per Share [Abstract]
Weighted Average Number Diluted Shares Outstanding Adjustment	0	0	0	0
Employee Stock Option [Member]
Earnings Per Share [Abstract]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	300,000	1,200,000	300,000	1,800,000
Restricted Stock [Member]
Earnings Per Share [Abstract]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	0	0	0	0

Shareholders' Equity - Share Re

Shareholders' Equity - Share Repurchase Programs (Details) - USD ($) $ in Thousands, shares in Millions	3 Months Ended	6 Months Ended
	Aug. 01, 2015	Aug. 01, 2015	Jan. 31, 2015	Aug. 02, 2014	Mar. 04, 2015
Class of Stock [Line Items]
Stock Repurchased During Period, Value		$ 201,751	$ 125,248	$ 125,423
2015 Repurchase Program [Member]
Class of Stock [Line Items]
Stock Repurchase Program, Authorized Amount					$ 200,000
Stock Repurchased During Period, Shares	3.6	4.4
Stock Repurchased During Period, Value	$ 164,900	$ 200,000

Shareholders' Equity - Dividend

Shareholders' Equity - Dividends (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended			6 Months Ended
	Aug. 01, 2015	May. 02, 2015	Aug. 02, 2014	Aug. 01, 2015	Jan. 31, 2015	Aug. 02, 2014
Dividends, Common Stock [Abstract]
Amount declared (Dividends)				$ 20,548	$ 18,948	$ 9,585
Amount paid (Dividends)				$ 19,931		$ 9,366
Common Stock [Member]
Dividends, Common Stock [Abstract]
Common Stock, Dividends, Per Share, Cash Paid	$ 0.19	$ 0.19	$ 0.17	$ 0.38		$ 0.17
Amount declared (Dividends)	$ 10,069	$ 10,479	$ 9,585	$ 20,548		$ 9,585
Amount paid (Dividends)	$ 9,734	$ 10,197	$ 9,366	$ 19,931		$ 9,366

Share-Based Plans - General and

Share-Based Plans - General and Other than Options (Details) - USD ($)	3 Months Ended			6 Months Ended		12 Months Ended
	Aug. 01, 2015	May. 02, 2015	Aug. 02, 2014	Aug. 01, 2015	Aug. 02, 2014	Feb. 01, 2014	Jan. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated Share-based Compensation Expense	$ 3,300,000		$ 2,200,000	$ 6,900,000	$ 5,000,000
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Additional Disclosures [Abstract]
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized	$ 23,500,000			$ 23,500,000
Nonvested Awards, Total Compensation Cost Not yet Recognized, Period for Recognition	1 year 7 months
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Nonvested, beginning balance	822,553	744,805		744,805
Granted	26,163	189,778
Vested	(24,551)	(95,908)
Forfeited	(1,504)	(16,122)
Nonvested, ending balance	822,661	822,553		822,661
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Additional Disclosures [Abstract]
Nonvested, Weighted Average Grant Date Fair Value	$ 41.02	$ 40.90		$ 41.02			$ 38.13
Grants in Period, Weighted Average Grant Date Fair Value	46.17	49.33
Vested in Period, Weighted Average Grant Date Fair Value	43.01	37.16
Forfeited in Period, Weighted Average Grant Date Fair Value	$ 48.67	$ 34.36
Total fair value of equity instrument other than options vested	$ 1,130,000		888,000	$ 5,912,000	1,411,000
Restricted Stock [Member] | Nonemployee Board of Directors [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Vested	(20,400)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Additional Disclosures [Abstract]
Deferred Compensation Arrangement, Fair Value of Shares Issued to Each Director	$ 110,000
Restricted Stock Awards (RSAs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Additional Disclosures [Abstract]
Share-based Compensation Arrangement by Share-based Payment Award, Award Requisite Service Period				5 years
Restricted Stock Awards (RSAs) [Member] | Current [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Additional Disclosures [Abstract]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period				5 years
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Additional Disclosures [Abstract]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period				3 years
Performance Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated Share-based Compensation Expense				$ 0
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Nonvested, ending balance	705,206			705,206
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Additional Disclosures [Abstract]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period				3 years
Share-based Compensation Arrangement by Share-based Payment Award, Shares Issued in Period				271,856
CEO Performance Share Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Granted						37,800
Nonvested, ending balance	12,600			12,600
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Additional Disclosures [Abstract]
Nonvested, Weighted Average Grant Date Fair Value						$ 34.68
Share Based Compensation Arrangement By Share Based Payment Award, Award Expiration Period From Grant Date				7 years
Total fair value of equity instrument other than options vested	$ 0		$ 558,000	$ 0	$ 558,000

Share-Based Plans - Options (De

Share-Based Plans - Options (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended			6 Months Ended
	Aug. 01, 2015	May. 02, 2015	Aug. 02, 2014	Aug. 01, 2015	Jan. 31, 2015	Aug. 02, 2014
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Outstanding stock options	1,248,815	1,703,213		1,703,213
Exercised	(5,725)	(398,098)
Forfeited	0	(56,300)
Outstanding stock options	1,243,090	1,248,815		1,243,090	1,703,213
Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract]
Options, Vested and Expected to Vest, Outstanding, Number	1,196,075			1,196,075
Options, Exercisable, Number	722,775			722,775
Options, Outstanding, Weighted Average Exercise Price	$ 37.70	$ 37.69		$ 37.70	$ 37.59
Options, Exercises in Period, Weighted Average Exercise Price	35.95	37.66
Options, Forfeitures and Expirations in Period, Weighted Average Exercise Price	0	$ 34.95
Options, Vested and Expected to Vest, Outstanding, Weighted Average Exercise Price	37.70			37.70
Options, Exercisable, Weighted Average Exercise Price	$ 37.87			$ 37.87
Options, Outstanding, Weighted Average Remaining Contractual Term	3 years 7 months 28 days	3 years 11 months 12 days
Options, Vested and Expected to Vest, Outstanding, Weighted Average Remaining Contractual Term	3 years 7 months 28 days
Options, Exercisable, Weighted Average Remaining Contractual Term	3 years 1 month 1 day
Options, Outstanding, Intrinsic Value	$ 7,013	$ 10,538		$ 7,013
Options, Vested and Expected to Vest, Outstanding, Aggregate Intrinsic Value	6,748			6,748
Options, Exercisable, Intrinsic Value	3,971			3,971
Total intrinsic value of stock options exercised	$ 59		$ 3,341	$ 4,842		$ 5,930
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract]
Share-based Compensation Arrangement by Share-based Payment Award, Award Requisite Service Period	4 years
Share Based Compensation Arrangement By Share Based Payment Award, Award Expiration Period From Grant Date				7 years

Employee Benefit Plans (Details

Employee Benefit Plans (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Aug. 01, 2015	Aug. 02, 2014	Aug. 01, 2015	Aug. 02, 2014
Defined Benefit Plan, Weighted Average Assumptions Used in Calculating Net Periodic Benefit Cost [Abstract]
Discount Rate			3.30%	5.00%
Rate of Increase in Compensation Levels			2.80%	3.00%
Expected Long-term Rate of Return			5.20%	6.00%
Defined Benefit Plan, Net Periodic Benefit Cost [Abstract]
Service cost - benefits earned in the period	$ 512	$ 487	$ 1,024	$ 974
Interest cost on projected benefit obligation	594	807	1,188	1,614
Expected investment return on plan assets	(654)	(805)	(1,307)	(1,610)
Amortization of actuarial loss	502	371	1,004	743
Amortization of prior service cost	2	(8)	3	(17)
Net periodic pension cost	$ 956	$ 852	1,912	$ 1,704
Pension Plans, Defined Benefit [Member]
Defined Benefit Plan, Net Periodic Benefit Cost [Abstract]
Defined Benefit Plan, Expected Contributions in Current Fiscal Year			$ 10,700

Income Taxes (Details)

Income Taxes (Details) $ in Millions	Aug. 01, 2015USD ($)
Income Tax Contingency [Line Items]
Significant Change in Unrecognized Tax Benefits is Reasonably Possible, Amount of Unrecorded Benefit	$ 4

Contingencies (Details)

Contingencies (Details) - Aug. 01, 2015	USD ($)	USD ($)
Pending Litigation [Member]
Loss Contingencies [Line Items]
Number of Shareholder Derivative Lawsuits		3
Unfavorable Regulatory Action [Member]
Loss Contingencies [Line Items]
Loss Contingency, Range of Possible Loss, Minimum	$ 100,000	$ 100,000
Tabletop Torch and Citronella Matter [Member]
Loss Contingencies [Line Items]
General Liability Insurance Deductible	$ 1,000,000	$ 1,000,000
Loss Contingency, Claims Settled, Number	1
Loss Contingency, Claims Settled, Number	1
Loss Contingency, Pending Claims, Number	2	2
Loss Contingency, Loss in Period	$ 4,500,000

Business Segment Data (Details)

Business Segment Data (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Aug. 01, 2015	Aug. 02, 2014	Aug. 01, 2015	Aug. 02, 2014
Segment Reporting Information [Line Items]
Net sales	$ 1,209,686	$ 1,195,363	$ 2,490,141	$ 2,476,634
Consumables [Member]
Segment Reporting Information [Line Items]
Net sales	235,353	238,417	457,127	462,912
Furniture [Member]
Segment Reporting Information [Line Items]
Net sales	233,776	216,102	572,645	524,199
Seasonal [Member]
Segment Reporting Information [Line Items]
Net sales	232,934	239,277	423,151	442,197
Food [Member]
Segment Reporting Information [Line Items]
Net sales	192,749	182,736	396,022	382,411
Soft Home [Member]
Segment Reporting Information [Line Items]
Net sales	133,966	126,597	281,386	267,616
Hard Home [Member]
Segment Reporting Information [Line Items]
Net sales	111,688	117,321	215,314	233,834
Electronics & Accessories [Member]
Segment Reporting Information [Line Items]
Net sales	$ 69,220	$ 74,913	$ 144,496	$ 163,465

Components of Accumulated Oth44

Components of Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Aug. 01, 2015	Aug. 02, 2014	Aug. 01, 2015	Jan. 31, 2015	Aug. 02, 2014
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Accumulated Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Net of Tax	$ 0	$ 0	$ 0	$ 0	$ (5,022)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Gain (Loss) Arising During Period, Net of Tax	0	0	0	0	(39)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Reclassification Adjustment from AOCI, Realized upon Sale or Liquidation, Net of Tax	0	0	0	0	5,061
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax	0	0	0	0	5,022
Accumulated Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Net of Tax	0	0	0	0	0
Accumulated Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net of Tax	(13,997)	(8,285)	(14,656)	(8,066)	(8,489)
Other Comprehensive (Income) Loss, Pension and Other Postretirement Benefit Plans, Adjustment, before Reclassification Adjustments, Net of Tax	0	0	356	(8,180)	0
Other Comprehensive (Income) Loss, Reclassification Adjustment from AOCI, Pension and Other Postretirement Benefit Plans, Net of Tax	296	219	599	1,590	423
Other Comprehensive (Income) Loss, Pension and Other Postretirement Benefit Plans, Adjustment, Net of Tax	296	219	955	(6,590)	423
Accumulated Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net of Tax	(13,701)	(8,066)	(13,701)	(14,656)	(8,066)
Accumulated Other Comprehensive Income (Loss), Net of Tax	(13,997)	(8,285)	(14,656)	(8,066)	(13,511)
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax	0	0	356	(8,180)	(39)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	296	219	599	1,590	5,484
Total other comprehensive income (loss)	296	219	955	(6,590)	5,445
Accumulated Other Comprehensive Income (Loss), Net of Tax	$ (13,701)	$ (8,066)	$ (13,701)	$ (14,656)	$ (8,066)

Derivative Instruments (Details

Derivative Instruments (Details) - Aug. 01, 2015 number in Thousands, $ in Thousands	USD ($)	USD ($)
Fuel [Member]
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount	7,675	7,675
Energy Related Derivative [Member]
Derivative Assets (Liabilities), at Fair Value, Net, by Balance Sheet Classification [Abstract]
Derivative, Fair Value, Net	$ (1,714)	$ (1,714)
Energy Related Derivative [Member] | Other Nonoperating Income (Expense) [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) on Sale of Commodity Contracts	0	0
Unrealized Gain (Loss) on Commodity Contracts	(1,742)	(1,714)
Derivative, Gain (Loss) on Derivative, Net	(1,742)	(1,714)
Energy Related Derivative [Member] | Other Current Assets [Member]
Derivative Asset [Abstract]
Derivative Asset, Current	216	216
Energy Related Derivative [Member] | Other Assets [Member]
Derivative Asset [Abstract]
Derivative Asset	656	656
Energy Related Derivative [Member] | Accrued Operating Expenses [Member]
Derivative Liability [Abstract]
Derivative Liability, Current	(1,086)	(1,086)
Energy Related Derivative [Member] | Other Liabilities [Member]
Derivative Liability [Abstract]
Derivative Liability	$ (1,500)	$ (1,500)

Discontinued Operations (Detail

Discontinued Operations (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Aug. 01, 2015	Aug. 02, 2014	Aug. 01, 2015	Aug. 02, 2014
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Total loss from discontinued operations, pretax	$ (123)	$ (1,115)	$ (278)	$ (35,303)
Discontinued operations, tax expense (benefit)	(48)	(3,841)	(108)	(12,796)
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent	(75)	2,726	(170)	(22,507)
CANADA
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Disposal Group, Including Discontinued Operation, Revenue	0	0	0	6,040
Disposal Group, Including Discontinued Operation, Costs of Goods Sold	0	(1)	3	3,380
Disposal Group, Including Discontinued Operation, Gross Profit (Loss)	0	1	(3)	2,660
Disposal Group, Including Discontinued Operation, General and Administrative Expense	17	924	170	32,873
Disposal Group, Including Discontinued Operation, Depreciation and Amortization	0	17	0	17
Disposal Group, Including Discontinued Operation, Operating Income (Loss)	(17)	(940)	(173)	(30,230)
Disposal Group, Including Discontinued Operation, Interest Expense	0	(5)	0	(27)
Disposal Group, Including Discontinued Operation, Other Income	(69)	(103)	2	(4,897)
Total loss from discontinued operations, pretax	(86)	(1,048)	(171)	(35,154)
Discontinued operations, tax expense (benefit)	(31)	(3,808)	(65)	(12,733)
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent	(55)	2,760	(106)	(22,421)
Other [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Total loss from discontinued operations, pretax	$ (37)	$ (67)	$ (107)	(149)
CANADA | CANADA
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Reclassification Adjustment from AOCI, Realized upon Sale or Liquidation, before Tax				5,100
Employee Severance [Member] | CANADA | CANADA
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Restructuring Charges				2,200
Contract Termination [Member] | CANADA | CANADA
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Restructuring Charges				$ 23,000