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Cover Page - USD ($)	12 Months Ended
Cover Page - USD ($)	Feb. 01, 2020	Mar. 27, 2020	Aug. 03, 2019
Cover [Abstract]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Feb. 01, 2020
Document Transition Report	false
Entity File Number	1-11893
Entity Registrant Name	GUESS INC
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	95-3679695
Entity Address, Address Line One	1444 South Alameda Street
Entity Address, City or Town	Los Angeles,
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	90021
City Area Code	213
Local Phone Number	765-3100
Title of 12(b) Security	Common Stock, par value $0.01 per share
Trading Symbol	GES
Security Exchange Name	NYSE
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Public Float			$ 756,018,701
Entity Public Float, Closing Price Per Share			$ 16.44
Entity Common Stock, Shares Outstanding		66,069,055
Entity Central Index Key	0000912463
Amendment Flag	false
Current Fiscal Year End Date	--02-01
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	FY

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Feb. 01, 2020	Feb. 02, 2019
Current assets:
Cash and cash equivalents	$ 284,613	$ 210,460
Accounts receivable, net	327,281	321,995
Inventories	393,129	468,897
Other current assets	59,212	87,343
Total current assets	1,064,235	1,088,695
Property and equipment, net	288,112	315,558
Goodwill	34,777	37,072
Deferred tax assets	63,555	57,224
Restricted cash	215	535
Operating right-of-use assets	851,990	0
Other assets	126,078	150,121
Total assets	2,428,962	1,649,205
Current liabilities:
Accounts payable	232,761	286,657
Accrued expenses	204,096	252,392
Current portion of operating lease liabilities	192,066	0
Total current liabilities	638,413	543,364
Convertible senior notes, net	247,363	0
Deferred rent and lease incentives	0	84,893
Long-term operating lease liabilities	714,079	0
Other long-term liabilities	130,259	127,438
Total liabilities	1,762,884	790,707
Redeemable noncontrolling interests	4,731	4,853
15
Stockholders’ equity:
Preferred stock, $.01 par value. Authorized 10,000,000 shares; no shares issued and outstanding	0	0
Common stock, $.01 par value. Authorized 150,000,000 shares; issued 142,867,947 and 142,707,300 shares, outstanding 65,848,510 and 81,379,660 shares, as of February 1, 2020 and February 2, 2019, respectively	658	814
Paid-in capital	563,004	523,331
Retained earnings	1,130,409	1,077,747
Accumulated other comprehensive loss	(139,910)	(126,179)
Treasury stock, 77,019,437 and 61,327,640 shares as of February 1, 2020 and February 2, 2019, respectively	(914,447)	(638,486)
Guess, Inc. stockholders’ equity	639,714	837,227
Nonredeemable noncontrolling interests	21,633	16,418
Total stockholders’ equity	661,347	853,645
Total liabilities and stockholders' equity	2,428,962	1,649,205
Long-term debt and finance lease liabilities, excluding convertible senior notes
Current liabilities:
Current portion of borrowings and finance lease obligations	9,490	4,315
Long-term debt and finance lease obligations	$ 32,770	$ 35,012

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Feb. 01, 2020	Feb. 02, 2019
Statement of Financial Position [Abstract]
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	10,000,000	10,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	150,000,000	150,000,000
Common stock, shares issued (in shares)	142,707,300	141,623,687
Common stock, shares outstanding (in shares)	81,379,660	81,371,118
Treasury stock, shares (in shares)	61,327,640	60,252,569

CONSOLIDATED STATEMENTS OF INCOME (LOSS) shares in Thousands, € in Millions	12 Months Ended
	Feb. 01, 2020 USD ($) $ / shares shares	Feb. 02, 2019 USD ($) $ / shares shares	Feb. 03, 2018 USD ($) $ / shares shares
Net revenue	$ 2,678,109,000	$ 2,609,694,000	$ 2,363,754,000
Cost of product sales	1,662,401,000	1,670,090,000	1,534,906,000
Gross profit	1,015,708,000	939,604,000	828,848,000
Selling, general and administrative expenses	865,060,000	835,293,000	741,641,000
European Commission fine	0	45,600,000	0
Asset impairment charges	9,977,000	6,939,000	8,479,000
Net (gains) losses on lease terminations	0	(477,000)	11,373,000
Earnings from operations	140,671,000	52,212,000	67,355,000
Other income (expense):
Interest expense	(16,129,000)	(3,407,000)	(2,431,000)
Interest income	1,729,000	4,494,000	4,106,000
Other income (expense), net	(2,529,000)	(6,591,000)	1,241,000
Total other income	(16,929,000)	(5,504,000)	2,916,000
Earnings before income tax expense	123,742,000	46,708,000	70,271,000
Income tax expense	22,513,000	29,542,000	74,172,000
Net earnings (loss)	101,229,000	17,166,000	(3,901,000)
Net earnings attributable to noncontrolling interests	5,254,000	3,067,000	3,993,000
Net earnings (loss) attributable to Guess, Inc.	$ 95,975,000	$ 14,099,000	$ (7,894,000)
Net earnings (loss) per common share attributable to common stockholders (Note 19):
Basic (in dollars per share) \| $ / shares	$ 1.35	$ 0.17	$ (0.11)
Diluted (in dollars per share) \| $ / shares	$ 1.33	$ 0.16	$ (0.11)
Weighted average common shares outstanding attributable to common stockholders (Note 19):
Basic (in shares) \| shares	70,461	80,146	82,189
Diluted (in shares) \| shares	71,669	81,589	82,189
Product sales
Net revenue	$ 2,592,262,000	$ 2,526,500,000	$ 2,290,999,000
Net royalties
Net revenue	$ 85,847,000	$ 83,194,000	$ 72,755,000

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Statement of Comprehensive Income [Abstract]
Net earnings (loss)	$ 101,229	$ 17,166	$ (3,901)
Foreign currency translation adjustment
Gains (losses) arising during the period	(17,114)	(52,733)	93,416
Derivative financial instruments designated as cash flow hedges
Gains arising during the period	9,304
Gains (losses) arising during the period		12,652	(23,388)
Less income tax effect	(988)
Less income tax effect		(1,690)	2,980
Reclassification to net earnings for gains realized	(7,904)
Reclassification to net earnings (loss) for losses realized		7,118	656
Less income tax effect	908
Less income tax effect		(712)	(242)
Defined benefit plans
Net actuarial gains (losses)	406	1,733	(2,248)
Foreign currency and other adjustments	(34)	311	(269)
Less income tax effect	(30)	(528)	518
Net actuarial loss amortization	446	600	462
Prior service credit amortization	(39)	(28)	(27)
Less income tax effect	(38)	(76)	(83)
Total comprehensive income (loss)	86,146	(16,187)	67,874
Less comprehensive income attributable to noncontrolling interests:
Net earnings	5,254	3,067	3,993
Foreign currency translation adjustment	629	(236)	2,238
Amounts attributable to noncontrolling interests	5,883	2,831	6,231
Comprehensive income (loss) attributable to Guess, Inc.	$ 80,263	$ (19,018)	$ 61,643

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Common Stock	Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Loss	Treasury Stock	Nonredeemable Noncontrolling Interests
Balance at beginning of period at Jan. 28, 2017	$ 980,994	$ 841	$ 480,435	$ 1,215,079	$ (161,389)	$ (565,744)	$ 11,772
Stock at beginning of period (in shares) at Jan. 28, 2017		84,069,492				56,440,482
Increase (Decrease) in Stockholders' Equity
Net earnings (loss)	(3,901)			(7,894)			3,993
Other comprehensive income (loss)	71,775				69,537		2,238
Issuance of common stock under stock compensation plans including tax effect (in shares)		1,113,713
Issuance of common stock under stock compensation plans including tax effect	(1,257)	$ 10	(1,267)
Issuance of stock under Employee Stock Purchase Plan (in shares)		54,300				(54,300)
Issuance of stock under Employee Stock Purchase Plan	566		17			$ 549
Share-based compensation	18,852		18,758	94
Dividends	(76,048)			(76,048)
Share repurchases (in shares)		(3,866,387)				3,866,387
Share repurchases	(56,159)	$ (38)	38			$ (56,159)
Noncontrolling interest capital contribution	11						11
Noncontrolling interest capital distribution	(1,358)						(1,358)
Balance at end of period at Feb. 03, 2018	933,475	$ 813	498,249	1,132,173	(93,062)	$ (621,354)	16,656
Stock at end of period (in shares) at Feb. 03, 2018		81,371,118				60,252,569
Increase (Decrease) in Stockholders' Equity
Net earnings (loss)	17,166			14,099			3,067
Other comprehensive income (loss)	(33,353)				(33,117)		(236)
Issuance of common stock under stock compensation plans including tax effect (in shares)		1,083,613
Issuance of common stock under stock compensation plans including tax effect	5,006	$ 12	4,994
Issuance of stock under Employee Stock Purchase Plan (in shares)		43,737				(43,737)
Issuance of stock under Employee Stock Purchase Plan	738		283			$ 455
Share-based compensation	19,973		19,794	179
Dividends	(74,533)			(74,533)
Share repurchases (in shares)		(1,118,808)				1,118,808
Share repurchases	(17,587)	$ (11)	11			$ (17,587)
Noncontrolling interest capital distribution	(3,069)						(3,069)
Balance at end of period at Feb. 02, 2019	$ 853,645	$ 814	523,331	1,077,747	(126,179)	$ (638,486)	16,418
Stock at end of period (in shares) at Feb. 02, 2019	81,371,118	81,379,660				61,327,640
Increase (Decrease) in Stockholders' Equity
Net earnings (loss)	$ 101,229			95,975			5,254
Other comprehensive income (loss)	(15,083)				(15,712)		629
Issuance of common stock under stock compensation plans including tax effect (in shares)		1,155,166				(994,519)
Issuance of common stock under stock compensation plans including tax effect	2,801	$ 10	(8,699)			$ 11,490
Issuance of stock under Employee Stock Purchase Plan (in shares)		53,424				(53,424)
Issuance of stock under Employee Stock Purchase Plan	783	$ 1	166			$ 616
Share-based compensation	24,290		24,079	211
Dividends	(41,840)			(41,840)
Share repurchases (in shares)		(16,739,740)				16,739,740
Share repurchases	(288,067)	$ (167)	167			$ (288,067)
Noncontrolling interest capital distribution	(668)						(668)
Equity component value of convertible note issuance, net	42,320		42,320
Sale of common stock warrant	28,080		28,080
Purchase of convertible note hedge	(46,440)		(46,440)
Balance at end of period at Feb. 01, 2020	$ 661,347	$ 658	$ 563,004	$ 1,130,409	$ (139,910)	$ (914,447)	$ 21,633
Stock at end of period (in shares) at Feb. 01, 2020	81,379,660	65,848,510				77,019,437

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Cash flows from operating activities:
Net earnings (loss)	$ 101,229	$ 17,166	$ (3,901)
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:
Depreciation and amortization	72,188	68,357	63,588
Amortization of debt discount	7,558	0	0
Amortization of debt issuance costs	919	0	0
Share-based compensation expense	24,290	19,973	18,852
Forward contract (gains) losses	(542)	(138)	3,087
Deferred income taxes	(5,655)	5,422	23,802
Net loss on disposition and impairment of property and equipment and long-term assets	11,051	7,267	6,891
Other items, net	5,736	13,297	(7,832)
Changes in operating assets and liabilities:
Accounts receivable	(12,458)	(41,519)	(11,656)
Inventories	65,428	(74,275)	(28,120)
Prepaid expenses and other assets	14,739	(27,042)	(429)
Operating lease assets and liabilities, net	1,802	0	0
Accounts payable and accrued expenses	(87,423)	84,531	69,299
Other long-term liabilities	(949)	8,640	14,789
Net cash provided by operating activities	197,913	81,679	148,370
Cash flows from investing activities:
Purchases of property and equipment	(61,868)	(108,117)	(84,655)
Proceeds from sale of business and long-term assets	4,473	0	1,052
Acquisition of businesses, net of cash acquired	0	(6,404)	(4,850)
Net cash settlement of forward contracts	162	1,444	(2,150)
Purchases of investments	0	(10,451)	(497)
Net cash used in investing activities	(56,471)	(123,528)	(90,347)
Other investing activities	762	0	753
Cash flows from financing activities:
Proceeds from short-term borrowings	137,282	22,728	166
Repayments of short-term borrowings	(132,625)	(23,024)	(107)
Proceeds from issuance of convertible senior notes	300,000	0	0
Proceeds from issuance of warrants	28,080	0	0
Purchase of convertible note hedges	60,990	0	0
Convertible debt issuance costs	(5,276)	0	0
Repayment of finance lease obligations and borrowings	(3,350)	(1,983)	(1,526)
Dividends paid	(42,135)	(73,594)	(76,057)
Noncontrolling interest capital contribution	0	0	962
Noncontrolling interest capital distribution	(668)	(3,069)	(1,358)
Issuance of common stock, net of tax withholdings on vesting of stock awards	3,584	5,744	(690)
Purchase of treasury stock	(288,067)	(23,620)	(50,127)
Net cash used in financing activities	(64,165)	(96,818)	(128,737)
Effect of exchange rates on cash, cash equivalents and restricted cash	(3,444)	(18,020)	40,746
Net change in cash, cash equivalents and restricted cash	73,833	(156,687)	(29,968)
Cash, cash equivalents and restricted cash at the beginning of the year	210,995	367,682	397,650
Cash, cash equivalents and restricted cash at the end of the year	284,828	210,995	367,682
Supplemental cash flow data:
Interest paid	5,248	2,731	2,078
Income taxes paid, net of refunds	15,112	40,772	26,907
Non-cash investing and financing activity:
Assets acquired under finance lease obligations	3,070	1,172	18,502
Sale of retail locations	$ 3,558	$ 0	$ 0

Description of the Business and Summary of Significant Accounting Policies and Practices

12 Months Ended

Feb. 01, 2020

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Description of the Business and Summary of Significant Accounting Policies and Practices

Description of the Business

Guess?, Inc. (the “Company” or “GUESS?”) designs, markets, distributes and licenses a leading lifestyle collection of contemporary apparel and accessories for men, women and children that reflect the American lifestyle and European fashion sensibilities. The Company’s designs are sold in GUESS? owned stores, to a network of wholesale accounts that includes better department stores, selected specialty retailers and upscale boutiques and through the Internet. GUESS? branded products, some of which are produced under license, are also sold internationally through a series of retail store licensees and wholesale distributors.

Reclassifications

The Company has made certain reclassifications to prior period amounts to conform to the current period presentation within the accompanying notes to the consolidated financial statements.

Fiscal Year

The Company operates on a 52/53-week fiscal year calendar, which ends on the Saturday nearest to January 31 of each year. All references herein to “fiscal 2020,” “fiscal 2019” and “fiscal 2018” represent the results of the 52-week fiscal years ended February 1, 2020 and February 2, 2019 and the 53-week fiscal year ended February 3, 2018. The additional week in fiscal 2018 occurred during the fourth quarter ended February 3, 2018. References to “fiscal 2021” represent the 52-week fiscal year ending January 30, 2021.

Principles of Consolidation

The consolidated financial statements include the accounts of Guess?, Inc., its wholly-owned direct and indirect subsidiaries and its non-wholly-owned subsidiaries and joint ventures in which the Company has a controlling financial interest and is determined to be the primary beneficiary. Accordingly, all references herein to “Guess?, Inc.” include the consolidated results of the Company, its wholly-owned subsidiaries and its joint ventures. All intercompany accounts and transactions are eliminated during the consolidation process.

Use of Estimates

The preparation of the financial statements in conformity with accounting principles generally accepted in the U.S. requires management to make estimates and assumptions that affect the amounts reported in the financial statements and disclosed in the accompanying notes. Significant areas requiring the use of management estimates relate to the allowances for doubtful accounts, sales return and markdown allowances, gift card and loyalty accruals, valuation of inventories, share-based compensation, recoverability of deferred taxes, unrecognized tax benefits, the useful life of assets for depreciation and amortization, evaluation of asset impairment, pension obligations, workers’ compensation and medical self-insurance expense and accruals, litigation reserves and restructuring expense and accruals. Actual results could differ from those estimates. Revisions in estimates could materially impact the results of operations and financial position.

Business Segment Reporting

Where applicable, the Company reports information about business segments and related disclosures about products and services, geographic areas and major customers. The Company’s businesses are grouped into five reportable segments for management and internal financial reporting purposes: Americas Retail, Americas Wholesale, Europe, Asia and Licensing. The Company’s Americas Retail, Americas Wholesale, Europe and Licensing reportable segments are the same as their respective operating segments. Certain components of the Company’s Asia reportable segment are separate operating segments based on regions, which have been aggregated into the Asia reportable segment for disclosure purposes. Management evaluates segment performance based primarily on revenues and earnings (loss) from operations before corporate performance-based compensation costs, asset impairment charges, net gains (losses) from lease terminations, restructuring charges and certain non-recurring credits (charges), if any. The Company believes this segment reporting reflects how its business segments are managed and how each segment’s performance is evaluated by the Company’s chief operating decision maker to assess performance and make resource allocation decisions. The Americas Retail segment includes the Company’s retail and e-commerce operations in the Americas. The Americas Wholesale segment includes the Company’s wholesale operations in the Americas. The

Europe segment includes the Company’s retail, e-commerce and wholesale operations in Europe and the Middle East. The Asia segment includes the Company’s retail, e-commerce and wholesale operations in Asia and the Pacific. The Licensing segment includes the worldwide licensing operations of the Company. The business segment operating results exclude corporate overhead costs, which consist of shared costs of the organization, asset impairment charges, net gains (losses) on lease terminations, restructuring charges and certain non-recurring credits (charges), if any. Corporate overhead costs are presented separately and generally include, among other things, the following unallocated corporate costs: accounting and finance, executive compensation, corporate performance-based compensation, facilities, global advertising and marketing, human resources, information technology and legal. Information regarding these segments is summarized in Note 18.

Revenue Recognition

Products Transferred at a Point in Time

The Company recognizes the majority of its revenue from its direct-to-consumer (brick-and-mortar retail stores and concessions as well as e-commerce) and wholesale distribution channels at a point in time when it satisfies a performance obligation and transfers control of the product to the respective customer. For the Company’s brick-and-mortar retail stores and concessions, revenue is typically recognized at the point of sale and includes estimates of variable consideration such as allowances for sales returns and loyalty award obligations, where applicable. The Company adopted the new revenue recognition standard effective as of February 4, 2018, and accordingly, revenue generated from the Company’s e-commerce sites is recognized when merchandise is transferred to a common carrier. This is a change compared to the Company’s treatment under previous guidance where revenue from the Company’s e-commerce sites was recognized based on the estimated customer receipt date. This change had an immaterial impact on revenue for fiscal 2019. Revenue generated from the Company’s wholesale distribution channel is recognized when control transfers to the customer, which generally occurs upon shipment. The amount of revenue that is recognized is based on the transaction price, which represents the invoiced amount and includes estimates of variable consideration such as allowances for sales returns and markdowns, where applicable. The amount of variable consideration included in the transaction price may be constrained and is included only to the extent that it is probable that a significant reversal in the amount of the cumulative revenue recognized under the contract will not occur in a future period.

The Company accepts payments at its brick-and-mortar retail locations and its e-commerce sites in the form of cash, credit cards, gift cards and loyalty points, where applicable. Payment terms, typically less than one year, are offered to the Company’s wholesale customers and do not include a significant financing component. The Company extends credit to wholesale customers based upon an evaluation of the customer’s financial condition and credit history and generally requires no collateral but does obtain credit insurance when considered appropriate. As of February 1, 2020, approximately 53% of the Company’s total net trade accounts receivable and 64% of its European net trade receivables were subject to credit insurance coverage, certain bank guarantees or letters of credit for collection purposes. The Company’s credit insurance coverage contains certain terms and conditions specifying deductibles and annual claim limits. The Company maintains allowances for doubtful accounts for estimated losses that result from the inability of its wholesale customers to make their required payments. The Company bases its allowances on analysis of the aging of accounts receivable at the date of the financial statements, assessments of historical and current collection trends, an evaluation of the impact of current economic conditions and whether the Company has obtained credit insurance or other guarantees. Management performs regular evaluations concerning the ability of its customers to satisfy their obligations and records a provision for doubtful accounts based on these evaluations. The Company’s credit losses for the periods presented were not significant compared to sales and did not significantly exceed management’s estimates. Refer to Note 3 for further information regarding the Company’s allowance for doubtful accounts.

Shipping and handling costs associated with outbound freight incurred to transfer a product to a customer are accounted for as fulfillment costs and are included in selling, general and administrative (“SG&A”) expenses. Sales and usage-based taxes collected from customers and remitted directly to governmental authorities are excluded from net revenues.

The Company does not have significant contract balances related to its direct-to-consumer or wholesale distribution channels other than the allowance for sales returns and markdowns as well as liabilities related to its gift cards and loyalty programs, which are included in accrued expenses. The Company also does not have significant contract acquisition costs related to its direct-to-consumer or wholesale distribution channels.

Sales Return Allowances

The Company accrues for estimated sales returns in the period in which the related revenue is recognized. To recognize the financial impact of sales returns, the Company estimates the amount of goods that will be returned based on historical experience and current trends and reduces sales and cost of sales accordingly. The Company’s policy allows retail customers in certain regions a grace period to return merchandise following the date of sale. Substantially all of these returns are considered to be resalable at a price that exceeds the cost of the merchandise. The Company includes the allowance for sales returns in accrued expenses and the estimated cost associated with such sales returns within other current assets in its consolidated balance sheet. As of February 1, 2020, the Company included $33.2 million in accrued expenses related to the allowance for sales returns and $13.0 million in other current assets related to the estimated cost of such sales returns. As of February 2, 2019, the Company included $33.2 million in accrued expenses related to the allowance for sales returns and $13.0 million in other current assets related to the estimated cost of such sales returns.

Markdown Allowances

Costs associated with customer markdowns are recorded as a reduction to revenues and any amounts unapplied to existing receivables are included in accrued expenses. These markdown allowances resulted from seasonal negotiations with the Company’s wholesale customers, as well as historical trends and the evaluation of the impact of current economic conditions. The Company included $12.6 million and $12.1 million in accrued expenses related to the allowance for markdowns as of February 1, 2020 and February 2, 2019, respectively.

Gift Cards

Gift card breakage is income recognized due to the non-redemption of a portion of gift cards sold by the Company for which a liability was recorded in prior periods. Gifts cards are mainly used in the U.S. and Canada. The Company issues its gift cards in the U.S. and Canada through one of its subsidiaries and is not required by law to escheat the value of unredeemed gift cards to the state in which the subsidiary is domiciled. Estimated breakage amounts are accounted for under the redemption recognition method and are classified as additional net revenues as the gift cards are redeemed. The Company’s gift card breakage rate is approximately 6.8% and 6.1% for the U.S. retail business and Canadian retail business, respectively, based upon historical redemption patterns, which represents the cumulative estimated amount of gift card breakage from the inception of the electronic gift card program in late 2002. Based upon historical redemption trends, the Company recognizes estimated gift card breakage as a component of net revenue in proportion to actual gift card redemptions, over the period that remaining gift card values are redeemed. Any future revisions to the estimated breakage rate may result in changes in the amount of breakage income recognized in future periods. In fiscal 2020, fiscal 2019 and fiscal 2018, the Company recognized $1.3 million, $0.7 million and $0.7 million of gift card breakage to revenue, respectively. As of February 1, 2020 and February 2, 2019, the Company included $4.5 million and $5.4 million in accrued expenses related to its gift card liability, respectively.

Loyalty Programs

The Company has customer loyalty programs in North America, Europe and Asia which cover all of its brands. Under certain of the programs, primarily in the U.S. and Canada, customers accumulate points based on purchase activity. Once a loyalty program member achieves a certain point level, the member earns awards that may only be redeemed for merchandise. Unredeemed points generally expire after six months without additional purchase activity and unredeemed awards generally expire after two months. Where applicable, the Company allocates a portion of the transaction price from sales in its direct-to-consumer channel to its loyalty program by using historical redemption rates to estimate the value of future award redemptions. This amount is accrued in current liabilities and recorded as a reduction of net revenue in the period which the related revenue is recognized. During fiscal 2020, fiscal 2019 and fiscal 2018, activity related to the Company’s loyalty programs increased (decreased) net revenue by $(0.1) million,

$(1.7) million and $0.3 million, respectively. The aggregate dollar value of the loyalty program accruals included in accrued expenses was $5.8 million and $5.7 million as of February 1, 2020 and February 2, 2019, respectively. Future revisions to the estimated liability may result in changes to net revenue.

Intellectual Property Transferred Over Time

The Company’s trademark license agreements represent symbolic licenses that are dependent on the Company’s continued support over the term of the license agreement. The amount of revenue that is recognized from the licensing arrangements is based on sales-based royalty and advertising fund contributions as well as specific fixed payments, where applicable.

The typical license agreement requires that the licensee pay the Company the greater of a royalty based on a percentage of the licensee’s net sales of licensed products or a guaranteed annual minimum royalty that typically increases over the term of the license agreement. Generally, licensees are also required to make contributions to advertising funds, as a percentage of their sales, or may elect to increase their contribution to support specific brand-building initiatives. The Company recognizes revenue from sales-based royalty and advertising fund contributions when the related sales occur, which is consistent with the timing of when the performance obligation is satisfied. Prior to the adoption of the new revenue recognition standard, the Company recorded advertising contributions received from its licensees and the related advertising expenditures incurred by the Company on a net basis in its consolidated balance sheet. To the extent that the advertising contributions exceeded the Company’s advertising expenditures for its licensees, the excess contribution was treated as a deferred liability and was included in accrued expenses in the Company’s consolidated balance sheet. Under the new revenue recognition standard, which was adopted effective on February 4, 2018, advertising contributions and related advertising expenditures related to the Company’s licensing business are recorded on a gross basis in the Company’s consolidated statements of income (loss). The Company records royalty and advertising payments received on the Company’s purchases of licensed product as a reduction of the cost of the licensed product.

The Company’s trademark license agreements customarily provide for a multi-year initial term generally ranging from three to ten years, and may contain options to renew prior to expiration for an additional multi-year period. Several of the Company’s key license agreements provide for specified, fixed cash rights payments over and above our normal, ongoing royalty payments in consideration of the grant of the license rights. These payments are recognized ratably as revenue over the term of the license agreement and do not include a significant financing component. The unrecognized portion of upfront payments is included in deferred royalties in accrued expenses and other long-term liabilities depending on the short or long-term nature of the payments to be recognized. As of February 1, 2020, the Company had $6.7 million and $18.7 million of deferred royalties included in accrued expenses and other long-term liabilities, respectively. This compares to $6.4 million and $15.5 million of deferred royalties included in accrued expenses and other long-term liabilities, respectively, at February 2, 2019. In fiscal 2020, fiscal 2019 and fiscal 2018, the Company recognized $12.3 million, $13.0 million and $12.0 million in net royalties related to the amortization of the deferred royalties, respectively.

Contract balances related to the Company’s licensing distribution channel consist primarily of royalty receivables and liabilities related to deferred royalties. Refer to Note 3 for further information on royalty receivables. The Company does not have significant contract acquisition costs related to its licensing operations.

Refer to Note 18 for further information on disaggregation of revenue by segment and country.

Classification of Certain Costs and Expenses

The Company includes inbound freight charges, purchasing costs and related overhead, retail store occupancy costs, including lease costs and depreciation and amortization, and a portion of the Company’s distribution costs related to its direct-to-consumer business in cost of product sales. Distribution costs related primarily to the wholesale business are included in SG&A expenses and amounted to $58.2 million, $55.7 million and $34.2 million for fiscal 2020, fiscal 2019 and fiscal 2018, respectively. The Company also includes store selling, selling and merchandising, advertising, design and other corporate overhead costs as a component of SG&A expenses.

The Company classifies amounts billed to customers for shipping fees as revenues and classifies costs related to shipping as cost of product sales in the accompanying consolidated statements of income (loss).

Advertising and Marketing Costs

The Company expenses the cost of advertising as incurred. Advertising and marketing expenses charged to operations for fiscal 2020, fiscal 2019 and fiscal 2018 were $56.5 million, $56.8 million and $36.3 million, respectively. Refer to “Intellectual Property Transferred Over Time” section of this Note as disclosed above for detail regarding the impact from the adoption of the new revenue recognition standard on advertising and marketing expense.

Share-Based Compensation

The Company recognizes compensation expense for all share-based awards granted based on the grant date fair value. The fair value of each stock option is estimated on the grant date using the Black-Scholes option-pricing model and involves several assumptions, including the risk-free interest rate, expected volatility, dividend yield and expected life. The risk-free interest rate is based on the U.S. Treasury yield curve in effect for the expected term of the option at the time of grant. The expected stock price volatility is determined based on an average of both historical volatility and implied volatility. Implied volatility is derived from exchange traded options on the Company’s common stock. The expected dividend yield is based on the Company’s history and expectations of dividend payouts. The expected life is determined based on historical trends. Compensation expense for nonvested stock options and stock awards/units that are not subject to performance-based vesting conditions is recognized on a straight-line basis over the vesting period. The Company has elected to account for forfeitures as they occur.

In addition, the Company has granted certain nonvested units that require certain minimum performance targets to be achieved in order for these awards to vest. Vesting is also subject to continued service requirements through the vesting date. Compensation expense for performance-based awards that vest in increments is recognized based on an accelerated attribution method. If the minimum performance targets are not forecasted to be achieved, no expense is recognized during the period.

The Company has also granted certain nonvested stock units which are subject to market-based performance targets in order for these units to vest. Vesting is also subject to continued service requirements through the vesting date. The grant date fair value for such nonvested stock units was estimated using a Monte Carlo simulation that incorporates option-pricing inputs covering the period from the grant date through the end of the performance period. Compensation expense for such nonvested stock units is recognized on a straight-line basis over the vesting period, regardless of whether the market condition is satisfied.

Certain restricted stock units vest immediately but are considered contingently returnable as a result of certain service conditions. Compensation expense for these restricted stock units are recognized on a straight-line basis over the implied service period.

Foreign Currency

Foreign Currency Translation Adjustment

The local selling currency is typically the functional currency for all of the Company’s significant international operations. In accordance with authoritative guidance, assets and liabilities of the Company’s foreign operations are translated from foreign currencies into U.S. dollars at period-end rates, while income and expenses are translated at the weighted average exchange rates for the period. The related translation adjustments are reflected as a foreign currency translation adjustment in accumulated other comprehensive income (loss) within stockholders’ equity. In addition, the Company records foreign currency translation adjustments related to its noncontrolling interests within stockholders’ equity. Periodically, the Company may also use foreign exchange currency contracts to hedge the translation and economic exposures related to its net investments in certain of its international subsidiaries (see below). Changes in the fair values of these foreign exchange currency contracts, designated as net investment hedges, are recorded in foreign currency translation adjustment as a component of accumulated other comprehensive income (loss) within stockholders’ equity. The total foreign currency translation adjustment decreased stockholders’ equity (including amounts attributable to nonredeemable noncontrolling interests) by $17.1 million, from an accumulated foreign currency translation loss of $124.0 million as of February 2, 2019 to an accumulated foreign currency translation loss of $141.1 million as of February 1, 2020.

Foreign Currency Transaction Gains and Losses

Transaction gains and losses that arise from exchange rate fluctuations on transactions denominated in a currency other than the functional currency, including gains and losses on foreign exchange currency contracts (see below), are included in the consolidated statements of income (loss). Net foreign currency transaction gains (losses) included in the determination of net earnings (loss) were $4.7 million, $(9.6) million and $(5.9) million for fiscal 2020, fiscal 2019 and fiscal 2018, respectively.

Derivatives

Foreign Exchange Currency Contracts

The Company operates in foreign countries, which exposes it to market risk associated with foreign currency exchange rate fluctuations. Various transactions that occur primarily in Europe, Canada, South Korea, China, Hong Kong, and Mexico are denominated in U.S. dollars, British pounds and Russian roubles and thus are exposed to earnings risk as a result of exchange rate fluctuations when converted to their functional currencies. These types of transactions include U.S. dollar-denominated purchases of merchandise and U.S. dollar- and British pound-denominated intercompany liabilities. In addition, certain operating expenses, tax liabilities and pension-related liabilities are denominated in Swiss francs and are exposed to earnings risk as a result of exchange rate fluctuations when converted to the functional currency. Further, there are certain real estate leases which are denominated in a currency other than the functional currency of the respective entity that entered into the agreement (primarily Swiss francs, Russian roubles and Polish zloty). As a result, the Company may be exposed to volatility related to unrealized gains or losses on the translation of present value of future lease payment obligations when translated at the exchange rate as of a reporting period-end. The Company has entered into certain forward exchange currency contracts to hedge the risk of a portion of these anticipated foreign currency transactions against foreign currency rate fluctuations. The Company has elected to apply the hedge accounting rules in accordance with authoritative guidance for certain of these hedges. The Company does not hedge all transactions denominated in foreign currency. The Company may also hedge the translation and economic exposures related to its net investments in certain of its international subsidiaries.

Changes in the fair value of the U.S. dollar forward contracts for anticipated U.S. dollar merchandise purchases designated as cash flow hedges are recorded as a component of accumulated other comprehensive income (loss) within stockholders’ equity and are recognized in cost of product sales in the period which approximates the time the hedged merchandise inventory is sold. Changes in the fair value of any U.S. dollar forward contracts for U.S. dollar intercompany royalties designated as cash flow hedges are recorded as a component of accumulated other comprehensive income (loss) within stockholders’ equity and are recognized in other income (expense) in the period in which the royalty expense is incurred. Changes in the fair value of any U.S. dollar forward contracts designated as net investment hedges are recorded in foreign currency translation adjustment as a component of accumulated other comprehensive income (loss) within stockholders’ equity and are not recognized in earnings (loss) until the sale or liquidation of the hedged net investment.

The Company also has forward exchange currency contracts that are not designated as hedging instruments for accounting purposes. Changes in fair value of forward exchange currency contracts not designated as hedging instruments are reported in net earnings (loss) as part of other income (expense).

Interest Rate Swap Agreements

The Company is exposed to interest rate risk on its floating-rate debt. The Company has entered into interest rate swap agreements to effectively convert its floating-rate debt to a fixed-rate basis. The principal objective of these contracts is to eliminate or reduce the variability of the cash flows in interest payments associated with the Company’s floating-rate debt, thus reducing the impact of interest rate changes on future interest payment cash flows. The Company has elected to apply the hedge accounting rules in accordance with authoritative guidance for certain of these contracts. Changes in the fair value of interest rate swap agreements designated as cash flow hedges are recorded as a component of accumulated other comprehensive income (loss) within stockholders’ equity and are amortized to interest expense over the term of the related debt. Periodically, the Company may also enter into interest rate swap agreements that are not designated as hedging instruments for accounting purposes. Changes in the fair value of

interest rate swap agreements not designated as hedging instruments are reported in net earnings (loss) as part of other income (expense).

Income Taxes

The Company uses the asset and liability method of accounting for income taxes. Under this method, deferred income taxes are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to be applied to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred taxes of a change in tax rates is recognized in income in the period that includes the enactment date. A valuation allowance is recorded when management believes it is more likely than not that the results of operations will not generate sufficient taxable earnings to realize certain net deferred tax assets.

The Company accounts for uncertainty in income taxes in accordance with authoritative guidance, which prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. The Company also follows authoritative guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition.

Earnings (Loss) Per Share

Basic earnings (loss) per share represents net earnings (loss) attributable to common stockholders divided by the weighted average number of common shares outstanding during the period. The Company considers any restricted stock units with forfeitable dividend rights that are issued and outstanding, but considered contingently returnable if certain service conditions are not met, as common equivalent shares outstanding. These restricted stock units are excluded from the weighted average number of common shares outstanding and basic earnings (loss) per share calculation until the respective service conditions have been met. Diluted earnings per share represents net earnings attributable to common stockholders divided by the weighted average number of common shares outstanding, inclusive of the dilutive impact of common equivalent shares outstanding during the period, and the dilutive impact of the Company’s convertible senior notes and related warrants, as applicable.

The Company expects to settle the principal amount of its outstanding convertible senior notes in cash and any excess in shares. As a result, upon conversion of the convertible senior notes, only the amounts in excess of the principal amount are considered in diluted earnings per share under the treasury stock method, if applicable. Refer to Note 10 for further information on the Company’s convertible senior notes.

In periods when there is a net loss, the potentially dilutive impact of common equivalent shares outstanding is not included in the computation of diluted net loss per share as the impact of the shares would be antidilutive. Nonvested restricted stock awards (referred to as participating securities) are excluded from the dilutive impact of common equivalent shares outstanding in accordance with authoritative guidance under the two-class method since the nonvested restricted stockholders are entitled to participate in dividends declared on common stock as if the shares were fully vested and hence are deemed to be participating securities. Under the two-class method, distributed and undistributed earnings attributable to nonvested restricted stockholders are excluded from net earnings (loss) attributable to common stockholders for purposes of calculating basic and diluted earnings (loss) per common share. However, net losses are not allocated to nonvested restricted stockholders because they are not contractually obligated to share in the losses of the Company.

In addition, the Company has granted certain nonvested stock units that are subject to certain performance-based or market-based vesting conditions as well as continued service requirements through the respective vesting periods. These nonvested stock units are included in the computation of diluted net earnings per common share attributable to common stockholders only to the extent that the underlying performance-based or market-based vesting conditions are satisfied as of the end of the reporting period, or would be considered satisfied if the end of the reporting period were the end of the related contingency period, and the results would be dilutive under the treasury stock method.

Comprehensive Income (Loss)

Comprehensive income (loss) consists of net earnings (loss), foreign currency translation adjustments, the effective portion of the change in the fair value of cash flow hedges and defined benefit plan impact from actuarial valuation gains or losses and related amortization, plan amendment, prior service credit or cost amortization and curtailment. Comprehensive income (loss) is presented in the consolidated statements of comprehensive income (loss).

Cash, Cash Equivalents and Restricted Cash

Cash and cash equivalents consist of cash on hand and marketable securities with original maturities of three months or less. The Company’s restricted cash is generally held as collateral for certain transactions.

Investment Securities

Investments in equity securities with a readily determinable fair value, not accounted for under the equity-method or consolidation accounting, are recorded at fair value with unrealized gains and losses included in other income (expense) in the Company’s consolidated statements of income (loss). The Company also has an investment in a private equity fund. The Company uses net asset value per share as a practical expedient to measure the fair value of this investment.

Investments in equity securities are accounted for under the equity-method if the Company is able to exercise significant influence, but not control, over the investee. Equity method investments are included in other assets in the Company’s consolidated balance sheets and the Company’s proportionate share of earnings (loss) are recorded in other income (expense) in the Company’s consolidated statements of income (loss). The Company will periodically evaluate its equity-method investments for impairment and record such amounts in other (income) expense in the period that the carrying value of the investment before our share of earnings (loss) is determined to not be recoverable. During fiscal 2019, the Company invested $8.3 million in a privately-held apparel company headquartered in France and holds a 30% minority interest which is accounted for using the equity-method. The Company recognized its proportionate share of net losses of $6.2 million in other expense in its consolidated statements of income (loss) during fiscal 2020.

Currently, the Company does not have any debt security investments.

Concentrations of Credit, Sourcing and Liquidity Risk

Cash used primarily for working capital purposes is maintained with various major financial institutions. The Company performs evaluations of the relative credit standing of these financial institutions in order to limit the amount of asset and liquidity exposure with any institution. Excess cash and cash equivalents, which represent the majority of the Company’s outstanding cash and cash equivalents balance, are held primarily in overnight deposit and short-term time deposit accounts.

The Company is also exposed to concentrations of credit risk through its accounts receivable balances. The Company extends credit to wholesale customers based upon an evaluation of the customer’s financial condition and credit history and generally requires no collateral but does obtain credit insurance when considered appropriate. The Company’s two largest wholesale customers accounted for a total of approximately 2.7%, 2.4% and 2.2% of the Company’s consolidated net revenue in fiscal 2020, fiscal 2019 and fiscal 2018, respectively.

The majority of the Company’s finished goods are sourced from partners and suppliers located in over 30 countries outside the U.S. In fiscal 2020, over half of these products were sourced from our partners and suppliers based in China. The Company’s two largest suppliers, which were the Company’s licensee partners, accounted for approximately 25%, 21% and 20% of the Company’s purchases of finished goods in fiscal 2020, fiscal 2019 and fiscal 2018, respectively.

Inventories

Inventories are valued at the lower of cost (primarily weighted average method) or net realizable value. The Company continually evaluates its inventories by assessing slow moving product as well as prior seasons’ inventory. Net realizable value of aged inventory is estimated based on historical sales trends for each product line category,

the impact of market trends, an evaluation of economic conditions, available liquidation channels and the value of current orders relating to the future sales of this type of inventory.

Depreciation and Amortization

Depreciation and amortization of property and equipment are provided using the straight-line method over the following useful lives:



Building and building improvements	10 to 39 years
Furniture, fixtures and equipment	2 to 10 years

Leasehold improvements are capitalized at cost and amortized over the lesser of the estimated useful life of the asset or the term of the lease. Construction in progress is not depreciated until the related asset is completed and placed in service.

Leases

The Company determines whether an arrangement is a lease at inception of the agreement and reassesses that conclusion if the agreement is modified. The term of the Company’s leases represents the non-cancelable period of the lease, including any rent-free periods and any options to renew, extend or terminate the lease that the Company is reasonably certain to exercise. The Company determines the term of each lease at lease commencement and revisits that term in subsequent periods if a triggering event occurs which would require reassessment.

Leases with an initial contractual term in excess of 12 months are accounted for as either an operating or finance lease based on certain criteria. Under the new lease standard effective as of the first quarter of fiscal 2020, leases the Company previously referred to as “capital leases” are now referred to as “finance leases.” In connection with the adoption of the new lease standard, the Company elected to apply the group of practical expedients which allows the Company to carry forward its identification of existing contracts that are or contain leases, its historical lease classification and its initial direct costs for existing leases. The Company has also elected to recognize leases with an initial term of 12 months or less on a straight-line basis without recognizing a right-of-use (“ROU”) asset or operating lease liability.

The Company’s lease agreements primarily provide for lease payments based on a minimum annual rental amount, a percentage of annual sales volume, periodic adjustments related to inflation or a combination of such lease payments. Some of the lease agreements require the Company to make periodic payments for insurance, property taxes, sales promotion, common area maintenance and certain utility charges. The Company has elected the practical expedient to not separate non-lease components from lease components in the measurement of liabilities for its directly-operated real estate leases. Certain of our leases may also include lease incentives such as free rent periods or construction allowances. Lease liabilities are recognized at the present value of the fixed lease payments, reduced by landlord incentives, using the Company’s incremental borrowing rate (“IBR”). Due to our centralized treasury function, the Company uses a portfolio approach to discount our lease obligations. The IBR for each lease is based primarily on borrowing rates available to the Company, which incorporates publicly-available information for other companies within the same industry and with similar credit profiles. The rate is then adjusted for the impact from collateralization, the lease term, foreign currency (if applicable) and other specific terms included in the Company’s lease arrangements.

Lease ROU assets are recognized based on the initial present value of the fixed lease payments, reduced by landlord incentives, plus any direct costs from executing the leases which includes initial investments in the form of key money to secure prime store locations. Variable lease payments are expensed as incurred and do not factor into the measurement of the applicable lease liability or lease ROU asset. Lease ROU assets are amortized over the life of the lease and tested for impairment in the same manner as long-lived assets used in operations as described in more detail below.

Net Gains (Losses) on Lease Terminations

During fiscal 2019, the Company recorded net gains on lease terminations of approximately $0.5 million related primarily to the early termination of certain lease agreements in North America. During fiscal 2018, the Company

recorded net losses on lease terminations related primarily to the modification of certain lease agreements held with a common landlord in North America. In connection with this modification, the Company made up-front payments of approximately $22.0 million, of which $12.4 million was recognized as net losses on lease terminations and $9.6 million was recorded as advance rent payments. During fiscal 2018, the Company also recorded net gains on lease terminations of approximately $1.0 million related primarily to the early termination of certain lease agreements in Europe.

Long-Lived Assets

Long-lived assets, such as property and equipment and operating lease ROU assets are reviewed for impairment quarterly or whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. The majority of the Company’s long-lived assets relate to its retail operations which consist primarily of regular retail and flagship locations. The Company considers each individual regular retail location as an asset group for impairment testing, which is the lowest level at which individual cash flows can be identified. The asset group includes leasehold improvements, furniture, fixtures and equipment, computer hardware and software, operating lease ROU assets including lease acquisition costs, and certain long-term security deposits, and excludes operating lease liabilities. The Company reviews regular retail locations in penetrated markets for impairment risk once the locations have been opened for at least one year in their current condition, or sooner as changes in circumstances require. The Company believes that waiting at least one year allows a location to reach a maturity level where a more comprehensive analysis of financial performance can be performed. The Company evaluates impairment risk for regular retail locations in new markets, where the Company is in the early stages of establishing its presence, once brand awareness has been established. The Company also evaluates impairment risk for retail locations that are expected to be closed in the foreseeable future. The Company has flagship locations which are used as a regional marketing tool to build brand awareness and promote the Company’s current product. Impairment for these locations is tested at a reporting unit level similar to goodwill since they do not have separately identifiable cash flows.

An asset is considered to be impaired if the Company determines that the carrying value may not be recoverable based upon its assessment of the asset’s ability to continue to generate earnings from operations and positive cash flow in future periods or if significant changes in the Company’s strategic business objectives and utilization of the assets occurred. If the carrying amount of an asset exceeds its estimated undiscounted future cash flows adjusted for lease payments, an impairment charge is recognized in the amount by which the carrying amount of the asset exceeds the estimated fair value. The Company uses market participant rents to calculate fair value of ROU assets and discounted future cash flows of the asset group to quantify fair value for other long-lived assets. These nonrecurring fair value measurements are considered Level 3 inputs as defined above. The impairment loss calculations require management to apply judgment in estimating future cash flows and the discount rates that reflect the risk inherent in future cash flows. Future expected cash flows for assets in regular retail locations are based on management’s estimates of future cash flows, which include sales and gross margin growth rate assumptions, over the remaining lease period or expected life, if shorter. For expected location closures, the Company will evaluate whether it is necessary to shorten the useful life for any of the assets within the respective asset group. The Company will use this revised useful life when estimating the asset group’s future cash flows. The Company considers historical trends, expected future business trends and other factors when estimating the future cash flow for each regular retail location. The Company also considers factors such as: the local environment for each regular retail location, including mall traffic and competition; the Company’s ability to successfully implement strategic initiatives; and the ability to control variable costs such as cost of sales and payroll and, in some cases, renegotiate lease costs. If actual results are not consistent with the assumptions and judgments used in estimating future cash flows and asset fair values, there may be additional exposure to future impairment losses that could be material to the Company’s results of operations.

See Note 5 for further details on asset impairment charges related to property and equipment. See Note 9 for further details on asset impairment charges related to ROU assets.

Goodwill

Goodwill is tested annually for impairment or more frequently if events and circumstances indicate that the asset might be impaired. An impairment loss is recognized to the extent that the carrying amount exceeds the asset’s

fair value. This determination is made at the reporting unit level which may be either an operating segment or one level below an operating segment if discrete financial information is available. Two or more reporting units within an operating segment may be aggregated for impairment testing if they have similar economic characteristics. The Company has identified its Americas Retail segment, its Americas Wholesale segment, its European wholesale and European retail components of its Europe segment and its China retail component of its Asia segment as reporting units for goodwill impairment testing. In accordance with authoritative guidance, the Company may first assess qualitative factors relevant in determining whether it is more likely than not that the fair values of its reporting units are less than their carrying amounts. Based on this analysis, the Company may determine whether it is necessary to perform a quantitative impairment test. If it is more likely than not that the fair value of a reporting unit is less than its carrying amount, the amount of any impairment loss to be recognized for that reporting unit is determined using two steps. First, the Company determines the fair value of the reporting unit using a discounted cash flow analysis, which requires unobservable inputs (Level 3) within the fair value hierarchy as defined in Note 21. These inputs include selection of an appropriate discount rate and the amount and timing of expected future cash flows. Second, if the carrying amount of a reporting unit exceeds its fair value, an impairment loss is recognized. During the fourth quarter of fiscal 2020, the Company adopted a new accounting standard which simplifies the two-step quantitative test for goodwill impairment. Under the new guidance, if the carrying amount of a reporting unit exceeds its fair value determined under step one of the quantitative test, an impairment loss is recognized based on the difference between a reporting unit’s fair value and its carrying value. The new guidance also does not require a qualitative test to be performed on reporting units with zero or negative carrying amounts.

See Note 6 for further details on asset impairment charges related to goodwill.

Other Assets

Other assets mainly relate to the Company’s investments in insurance policies held in rabbi trusts to fund expected obligations arising under its non-qualified supplemental executive retirement and deferred compensation plans. Refer to Notes 13 and 16 for further information regarding these investments. In addition, other assets also relate to long-term security deposits and receivables related to refundable value-added tax payments mainly from European taxing authorities.

Defined Benefit Plans

In accordance with authoritative guidance for defined benefit pension and other postretirement plans, an asset for a plan’s overfunded status or a liability for a plan’s underfunded status is recognized in the consolidated balance sheets; plan assets and obligations that determine the plan’s funded status are measured as of the end of the Company’s fiscal year; and changes in the funded status of defined benefit postretirement plans are recognized in the year in which they occur. Such changes are reported in other comprehensive income (loss) as a separate component of stockholders’ equity.

The Company’s pension obligations and related costs are calculated using actuarial concepts, within the authoritative guidance framework, and are considered Level 3 inputs as defined in Note 21. The Company uses the corridor approach to amortize unrecognized actuarial gains or losses over the average remaining service life of active participants. The life expectancy, estimated retirement age, discount rate, estimated future compensation and expected return on plan assets are important elements of expense and/or liability measurement. These critical assumptions are evaluated annually which enables expected future payments for benefits to be stated at present value on the measurement date. If actual results are not consistent with actuarial assumptions, the amounts recognized for the defined benefit plans could change significantly.

Litigation Reserves

Estimated amounts for claims that are probable and can be reasonably estimated are recorded as liabilities in the consolidated balance sheets. As additional information becomes available, the Company assesses the potential liability related to new claims and existing claims and revises estimates as appropriate. As new claims arise or existing claims evolve, such revisions in estimates of the potential liability could materially impact the results of operations and financial position.

Convertible Senior Notes

In April 2019, the Company issued $300 million principal amount of 2.00% convertible senior notes due 2024 (the “Notes”) in a private offering.

Under GAAP, certain convertible debt instruments that may be settled in cash on conversion are required to be separately accounted for as liability and equity components of the instrument in a manner that reflects the issuer’s non-convertible debt borrowing rate. Accordingly, in accounting for the issuance of the Notes, the Company separated the Notes into liability and equity components. The liability component was recorded at fair value, which was derived from a valuation technique used to calculate the fair value of a similar liability without an associated convertible feature. The carrying amount of the equity component, which is recognized as a debt discount, represents the difference between the proceeds from the issuance of the Notes and the fair value of the liability component of the Notes. The excess of the principal amount of the liability component over its carrying amount (“debt discount”) will be amortized to interest expense using an effective interest rate over the term of the Notes. The equity component is not remeasured as long as it continues to meet the conditions for equity classification.

In accounting for the debt issuance costs related to the issuance of the Notes, the Company allocated the total amount incurred to the liability and equity components based on their relative values. Debt issuance costs attributable to the liability component were recorded as a contra-liability and are presented net against the convertible senior notes balance on the Company’s consolidated balance sheets. These costs are amortized to interest expense using the effective interest method over the term of the Notes. See Note 10 for further details.

Sale of Australian Stores

During fiscal 2020, the Company entered into a definitive agreement to sell its Australian retail locations to the Company’s wholesale distributor in the region for approximately AUD$7.1 million (US$4.9 million), subject to certain adjustments, and recognized a loss on the sale of approximately AUD$1.2 million (US$0.8 million). As per the terms of the agreement, the wholesale distributor entered into a promissory note with the Company to make periodic payments on the sale through August 2021. As of February 1, 2020, the Company included AUD$1.8 million (US$1.2 million) and AUD$3.3 million (US$2.2 million) in accounts receivable, net and other assets, respectively, in its consolidated balance sheet based on the timing of the remaining payments.

Sale of Korean Underwear Business

During fiscal 2020, the Company sold its directly operated underwear business in South Korea to a local licensee partner for approximately KRW$3.03 billion (US$2.6 million), and recognized a gain on the sale of approximately KRW$130.0 million (US$0.1 million).

New Accounting Guidance	12 Months Ended
New Accounting Guidance	Feb. 01, 2020
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
New Accounting Guidance	New Accounting Guidance Changes in Accounting Policies In February 2016, the FASB issued a comprehensive new lease standard which superseded previous lease guidance. The standard requires a lessee to recognize an asset related to the right to use the underlying asset and a liability that approximates the present value of the lease payments over the term of contracts that qualify as leases under the new guidance. The standard also requires expanded disclosures surrounding leases. The Company adopted this guidance as of February 3, 2019 using the modified retrospective approach and recorded a cumulative adjustment to increase retained earnings by approximately $0.3 million, net of taxes, with no restatement of prior periods. In addition, the Company elected the package of practical expedients permitted under the transition guidance within the new standard, which among other things, allows the Company to carry forward historical lease classification. As of the adoption date, the Company recorded operating lease ROU assets and operating lease liabilities of approximately $1.0 billion. The standard did not materially impact the Company’s consolidated statements of income or cash flows. Refer to Note 9 for the Company’s expanded disclosures on leases. In August 2017, the FASB issued authoritative guidance to better align the results of hedge accounting with an entity’s risk management activities. This guidance eliminated the requirement to separately measure and report ineffectiveness for instruments that qualify for hedge accounting and generally requires that the entire change in the fair value of such instruments ultimately be presented in the same line as the respective hedge item. As a result, there is no interest component recognized for the ineffective portion of instruments that qualify for hedge accounting, but rather all changes in the fair value of such instruments are included in other comprehensive income (loss). The guidance also reduced the overall complexity of the hedge accounting model, including broadening the scope of risks eligible to qualify for hedge accounting, easing documentation and effectiveness assessment requirements, modifying the treatment of components excluded from the assessment of hedge effectiveness and updating disclosure requirements. In October 2018, the FASB clarified the new hedge accounting guidance by allowing the Secured Overnight Financing Rate (“SOFR”) to be eligible as a U.S. benchmark interest rate for purposes of applying hedge accounting. The Company adopted this guidance as of February 3, 2019. The adoption of this guidance resulted in a decrease in retained earnings and a decrease in accumulated other comprehensive loss of approximately $2.0 million. Approximately $1.5 million of this gain was recognized in cost of product sales during fiscal 2020, on a pre-tax basis. In January 2017, the FASB issued authoritative guidance to simplify the testing for goodwill impairment by removing step two from the goodwill testing. Under prior guidance, if the fair value of a reporting unit was lower than its carrying amount (step one), an entity would have calculated an impairment charge by comparing the implied fair value of goodwill with its carrying amount (step two). The implied fair value of goodwill was calculated by deducting the fair value of the assets and liabilities of the respective reporting unit from the reporting unit’s fair value as determined under step one. This guidance instead provides that an impairment charge should be recognized based on the difference between a reporting unit’s fair value and its carrying value. This guidance also does not require a qualitative test to be performed on reporting units with zero or negative carrying amounts. However, entities need to disclose any reporting units with zero or negative carrying amounts that have goodwill and the amount of goodwill allocated to each. The Company early adopted this guidance during the fourth quarter of fiscal 2020. The adoption of this guidance did not have a material impact on the Company’s consolidated financial statements or related disclosures. Recently Issued Accounting Guidance In June 2016, the FASB issued authoritative guidance related to the measurement of credit losses on financial instruments. This guidance replaces the current “as incurred” loss model with an “expected loss” model which requires the recognition of an allowance for credit losses expected to be incurred over an asset’s lifetime. The measurement of expected credit losses is based on relevant information about past events, current conditions and reasonable and supportable forecasts impacting the collectibility of the reported amounts. This guidance is effective for fiscal years beginning after December 15, 2019, which will be the Company’s first quarter of fiscal 2021. The standard will require entities to record a cumulative-effect adjustment to the balance sheet as of the beginning of the first reporting period in which the guidance is effective. The Company does not expect that the adoption of this guidance will have a material impact on the Company’s consolidated financial statements other than requiring enhanced disclosures. In August 2018, the FASB issued authoritative guidance to modify the disclosure requirements on fair value measurements. This guidance is effective for fiscal years beginning after December 15, 2019, which will be the Company’s first quarter of fiscal 2021 with early adoption permitted. The adoption of this guidance is not expected to have a material impact on the Company’s related disclosures. In August 2018, the FASB issued authoritative guidance to modify the disclosure requirements for employers that sponsor defined benefit pension or other postretirement plans. This guidance is effective for fiscal years beginning after December 15, 2020, which will be the Company’s first quarter of fiscal 2022, with early adoption permitted. The Company is currently evaluating the impact of the adoption of this standard on its related disclosures. In August 2018, the FASB issued authoritative guidance to align the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software (and hosting arrangements that include an internal-use software license). The guidance provides criteria for determining which implementation costs to capitalize as an asset related to the service contract and which costs to expense. The capitalized implementation costs are required to be expensed over the term of the hosting arrangement. The guidance also clarifies the presentation requirements for reporting such costs in the entity’s financial statements. This guidance is effective for fiscal years beginning after December 15, 2019, which will be the Company’s first quarter of fiscal 2021, with early adoption permitted. The Company plans to adopt this guidance on a prospective basis and does not expect the adoption of this guidance to have a material impact on the Company’s consolidated financial statements other than requiring a different classification of certain implementation costs within the Company’s consolidated financial statements as well as enhanced disclosures. In December 2019, the FASB issued authoritative guidance that simplifies the accounting for income taxes by eliminating certain exceptions to general principles related to intraperiod tax allocations, ownership changes in foreign investments and calculating income taxes in an interim period when year-to-date losses exceed total anticipated losses. The new guidance also simplifies the accounting for income taxes related to franchise taxes that are partially based on income, the step up in the tax basis of goodwill, allocation of current and deferred tax expense for certain legal entities and enacted changes in tax laws or rates during interim periods, among other improvements. This guidance is effective for fiscal years beginning after December 15, 2020, which will be the Company’s first quarter of fiscal 2022, with early adoption permitted. The Company is currently evaluating the impact of the adoption of this standard on its consolidated financial statements and related disclosures. In March 2020, the FASB issued authoritative guidance to provide temporary optional expedients and exceptions related to contract modifications and hedge accounting to ease the financial reporting burdens of the expected market transition from LIBOR and other interbank offered rates to alternative reference rates, such as SOFR. This guidance may be adopted as of March 12, 2020 through December 31, 2022. This temporary relief cannot be applied to contract modifications after December 31, 2022. The Company is currently evaluating its election options and the impact on its consolidated financial statements and related disclosures.

Accounts Receivable

12 Months Ended

Feb. 01, 2020

Receivables [Abstract]

Accounts Receivable

Accounts receivable is summarized as follows (in thousands):



	Feb 1, 2020		Feb 2, 2019
Trade	$	309,508	$	314,651
Royalty	12,775		5,992
Other	13,429		9,892
	335,712		330,535
Less allowances	8,431		8,540
	$	327,281	$	321,995

Accounts receivable consists of trade receivables relating primarily to the Company’s wholesale business in Europe and, to a lesser extent, to its wholesale businesses in Asia and the Americas, royalty receivables relating to its licensing operations, credit card and retail concession receivables related to its retail businesses and certain other receivables. Other receivables generally relate to amounts due to the Company that result from activities that are not related to the direct sale of the Company’s products or collection of royalties.

Inventories

12 Months Ended

Feb. 01, 2020

Inventory Disclosure [Abstract]

Inventories

Inventories consist of the following (in thousands):



	Feb 1, 2020		Feb 2, 2019
Raw materials	$	399	$	881
Work in progress	52		162
Finished goods	392,678		467,854
	$	393,129	$	468,897

The above balances include an allowance to write down inventories to the lower of cost or net realizable value of $24.5 million and $30.9 million as of February 1, 2020 and February 2, 2019, respectively.

Property and Equipment

12 Months Ended

Feb. 01, 2020

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and equipment is summarized as follows (in thousands):



	Feb 1, 2020		Feb 2, 2019
Land, buildings and improvements	$	51,416	$	52,039
Leasehold improvements	388,733		387,802
Furniture, fixtures and equipment	428,121		410,518
Construction in progress	9,510		18,844
Assets under finance leases	21,599		19,069
	899,379		888,272
Less accumulated depreciation and amortization	611,267		572,714
	$	288,112	$	315,558

During fiscal 2020 and 2019, the Company entered into finance leases related primarily to computer hardware and software. The accumulated depreciation and amortization related to assets under finance leases was approximately $5.6 million and $3.1 million as of February 1, 2020 and February 2, 2019, respectively, and was included in depreciation expense when recognized. See Note 8 for more information regarding the related finance lease obligations.

Construction in progress represents the costs associated with the construction in progress of leasehold improvements to be used in the Company’s operations, primarily for new and remodeled stores in retail operations.

Impairment

The Company recorded asset impairment charges related to property and equipment of $7.5 million, $6.9 million and $8.5 million for fiscal 2020, fiscal 2019 and fiscal 2018, respectively. The asset impairment charges related primarily to the impairment of certain retail locations in Asia and, to a lesser extent, Europe and North America resulting from under-performance and expected store closures during each of the respective periods.

Impairments to property and equipment are summarized as follows (in thousands):



	Feb 1, 2020		Feb 2, 2019
Aggregate carrying value of property and equipment impaired	$	8,456	$	7,111
Less property and equipment impairment charges	7,546		6,939
Aggregate remaining fair value of property and equipment impaired	$	910	$	172

The Company’s impairment evaluations included testing of 314 retail locations and 163 retail locations during fiscal 2020 and fiscal 2019, respectively, which were deemed to have impairment indicators. The Company concluded that 101 retail locations and 35 retail locations, respectively, were determined to be impaired, as the carrying amounts of the fixed assets exceeded their estimated fair values (determined based on discounted cash flows) at each of the respective dates. Refer to Note 1 for a description of other assumptions that management considers in estimating the future discounted cash flows. If actual results are not consistent with the assumptions and judgments used in estimating future cash flows and asset fair values, there may be additional exposure to future impairment losses that could be material to the Company’s results of operations.

Goodwill

12 Months Ended

Feb. 01, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill

Goodwill activity is summarized by business segment as follows (in thousands):



	Americas Retail			Americas Wholesale			Europe			Asia			Total
Goodwill balance at February 3, 2018	$	1,765		$	9,972		$	25,125		$	1,619		$	38,481
Adjustments:
Acquisition	—			—			857			—			857
Translation adjustments	(34		)	(6		)	(2,120		)	(106		)	(2,266		)
Goodwill balance at February 2, 2019	1,731			9,966			23,862			1,513			37,072
Adjustments:
Impairment	—			—			—			(1,474		)	(1,474		)
Translation adjustments	(6		)	(1		)	(775		)	(39		)	(821		)
Goodwill balance at February 1, 2020	$	1,725		$	9,965		$	23,087		$	—		$	34,777

Based on the results of the Company’s goodwill impairment testing, the Company recorded an asset impairment charge of $1.5 million to fully write off goodwill associated with its China retail reporting unit during fiscal 2020. The Company had $1.5 million accumulated impairment related to goodwill as of February 1, 2020. The Company had no accumulated impairment related to goodwill as of February 2, 2019.

From time-to-time, the Company may acquire certain retail locations from its wholesale partners which may result in the recognition of goodwill or other intangible assets. During fiscal 2019, the Company recognized goodwill of approximately $0.9 million related to the acquisition of 10 retail locations from one of its European wholesale partners.

Accrued Expenses

12 Months Ended

Feb. 01, 2020

Payables and Accruals [Abstract]

Accrued Expenses

Accrued expenses are summarized as follows (in thousands):



	Feb 1, 2020		Feb 2, 2019
Accrued compensation and benefits	$	65,821	$	64,543
Allowance for sales returns	33,178		33,217
Sales and use taxes, property taxes and other indirect taxes	32,185		32,777
Professional and legal fees	12,920		57,401
Allowance for markdowns	12,562		12,121
Deferred royalties and other revenue	8,008		8,260
Income taxes	6,842		4,362
Loyalty programs	5,783		5,728
Accrued rent	4,648		9,000
Gift cards	4,469		5,376
Construction costs	3,862		5,408
Accrued interest	2,449		349
Advertising	1,497		1,503
Other	9,872		12,347
	$	204,096	$	252,392

Lease Accounting (Notes)

12 Months Ended

Feb. 01, 2020

Leases [Abstract]

Lease Accounting

The Company primarily leases its showrooms, advertising, licensing, sales and merchandising offices, remote distribution and warehousing facilities and retail and factory outlet store locations under operating lease agreements expiring on various dates through January 2039. The Company also leases some of its equipment as well as computer hardware and software under operating and finance lease agreements expiring on various dates through May 2027.

The Company’s lease agreements primarily provide for lease payments based on a minimum annual rental amount, a percentage of annual sales volume, periodic adjustments related to inflation or a combination of such lease payments. Certain retail store leases provide for rents based upon the minimum annual rental amount and a percentage of annual sales volume, generally ranging from 3% to 24%, when specific sales volumes are exceeded. The Company’s retail concession leases also provide for rents primarily based upon a percentage of annual sales volume which average approximately 35% of annual sales volume. The Company’s lease agreements do not contain any material residual value guarantees or material restrictive covenants.

In addition to the amounts as disclosed below, the Company has estimated additional operating lease commitments of approximately $11.9 million for leases where the Company has not yet taken possession of the underlying asset as of February 1, 2020. As such, the related operating lease ROU assets and operating lease liabilities have not been recognized in the Company’s consolidated balance sheet as of February 1, 2020.

As of February 1, 2020, the components of leases and lease costs are as follows (in thousands):



		Feb 1, 2020
Assets	Balance Sheet Location
Operating	Operating right-of-use assets	$	851,990
Finance	Property and equipment, net	15,972
Total lease assets		$	867,962

Liabilities	Balance Sheet Location
Current:
Operating	Current portion of operating lease liabilities	$	192,066
Finance	Current portion of borrowings and finance lease obligations	2,273
Noncurrent:
Operating	Long-term operating lease liabilities	714,079
Finance	Long-term debt and finance lease obligations	14,262
Total lease liabilities		$	922,680



		Year Ended Feb 1, 2020
	Income Statement Location
Operating lease costs¹	Cost of product sales	$	244,222
Operating lease costs¹	Selling, general and administrative expenses	24,565
Finance lease costs
Amortization of leased assets²	Cost of product sales	2,793
Amortization of leased assets²	Selling, general and administrative expenses	4,197
Interest on lease liabilities	Interest expense	1,035
Variable lease costs¹	Cost of product sales	93,534
Variable lease costs¹	Selling, general and administrative expenses	2,227
Short-term lease costs¹	Cost of product sales	344
Short-term lease costs¹	Selling, general and administrative expenses	3,543
Total lease costs		$	376,460

______________________________________________________________________

Rental expense for all property and equipment operating leases during fiscal 2019 and fiscal 2018 aggregated to $292.1 million and $272.3 million, respectively, including percentage rent of $67.2 million and $61.2 million, respectively. During fiscal 2019 and fiscal 2018, the Company also recognized insurance, taxes, sales promotion, common area maintenance and certain utility charges that were paid to the landlord totaling $72.3 million and $75.6 million, respectively, related to its operating leases.


²	Amortization of leased assets related to finance leases are included in depreciation expense within cost of product sales or selling, general and administrative expenses depending on the nature of the asset in the Company’s consolidated statements of income (loss).

Maturities of the Company’s operating and finance lease liabilities as of February 1, 2020 are as follows (in thousands):



	Operating Leases
	Non-Related Parties		Related Parties		Finance Leases		Total
Maturity of Lease Liabilities:
2021	$	218,109	$	2,255	$	3,349	$	223,713
2022	197,857		257		3,653		201,767
2023	165,367		—		3,249		168,616
2024	137,637		—		3,092		140,729
2025	95,058		—		2,311		97,369
After 2025	186,781		—		4,922		191,703
Total lease payments	1,000,809		2,512		20,576		1,023,897
Less: Interest	97,132		44		4,041		101,217
Present value of lease liabilities	$	903,677	$	2,468	$	16,535	$	922,680

Other supplemental information as of February 1, 2020 is as follows (dollars in thousands):



	Feb 1, 2020
Lease Term and Discount Rate:
Weighted-average remaining lease term (years)
Operating leases	5.9 years
Finance leases	6.4 years
Weighted-average discount rate
Operating leases	3.5%
Finance leases	7.1%



	Year Ended Feb 1, 2020
Supplemental Cash Flow Information:
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	250,972
New operating ROU assets obtained in exchange for lease liabilities	127,232

Impairment

During fiscal 2020, the Company recorded asset impairment charges of $1.0 million related primarily to ROU assets at certain retail locations in North America. The asset impairment charges were determined based on the excess of the carrying value over the fair value of the ROU assets. The Company uses market participant rents to calculate fair value of ROU assets. Refer to Note 1 for more information on the Company’s impairment testing.

Lease Accounting

The Company’s lease agreements primarily provide for lease payments based on a minimum annual rental amount, a percentage of annual sales volume, periodic adjustments related to inflation or a combination of such lease payments. Certain retail store leases provide for rents based upon the minimum annual rental amount and a percentage of annual sales volume, generally ranging from 3% to 24%, when specific sales volumes are exceeded. The Company’s retail concession leases also provide for rents primarily based upon a percentage of annual sales volume which average approximately 35% of annual sales volume. The Company’s lease agreements do not contain any material residual value guarantees or material restrictive covenants.

As of February 1, 2020, the components of leases and lease costs are as follows (in thousands):



		Feb 1, 2020
Assets	Balance Sheet Location
Operating	Operating right-of-use assets	$	851,990
Finance	Property and equipment, net	15,972
Total lease assets		$	867,962

Liabilities	Balance Sheet Location
Current:
Operating	Current portion of operating lease liabilities	$	192,066
Finance	Current portion of borrowings and finance lease obligations	2,273
Noncurrent:
Operating	Long-term operating lease liabilities	714,079
Finance	Long-term debt and finance lease obligations	14,262
Total lease liabilities		$	922,680



		Year Ended Feb 1, 2020
	Income Statement Location
Operating lease costs¹	Cost of product sales	$	244,222
Operating lease costs¹	Selling, general and administrative expenses	24,565
Finance lease costs
Amortization of leased assets²	Cost of product sales	2,793
Amortization of leased assets²	Selling, general and administrative expenses	4,197
Interest on lease liabilities	Interest expense	1,035
Variable lease costs¹	Cost of product sales	93,534
Variable lease costs¹	Selling, general and administrative expenses	2,227
Short-term lease costs¹	Cost of product sales	344
Short-term lease costs¹	Selling, general and administrative expenses	3,543
Total lease costs		$	376,460

______________________________________________________________________


²	Amortization of leased assets related to finance leases are included in depreciation expense within cost of product sales or selling, general and administrative expenses depending on the nature of the asset in the Company’s consolidated statements of income (loss).

Maturities of the Company’s operating and finance lease liabilities as of February 1, 2020 are as follows (in thousands):



	Operating Leases
	Non-Related Parties		Related Parties		Finance Leases		Total
Maturity of Lease Liabilities:
2021	$	218,109	$	2,255	$	3,349	$	223,713
2022	197,857		257		3,653		201,767
2023	165,367		—		3,249		168,616
2024	137,637		—		3,092		140,729
2025	95,058		—		2,311		97,369
After 2025	186,781		—		4,922		191,703
Total lease payments	1,000,809		2,512		20,576		1,023,897
Less: Interest	97,132		44		4,041		101,217
Present value of lease liabilities	$	903,677	$	2,468	$	16,535	$	922,680

Other supplemental information as of February 1, 2020 is as follows (dollars in thousands):



	Feb 1, 2020
Lease Term and Discount Rate:
Weighted-average remaining lease term (years)
Operating leases	5.9 years
Finance leases	6.4 years
Weighted-average discount rate
Operating leases	3.5%
Finance leases	7.1%



	Year Ended Feb 1, 2020
Supplemental Cash Flow Information:
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	250,972
New operating ROU assets obtained in exchange for lease liabilities	127,232

Impairment

Borrowings and Finance Lease Obligations

12 Months Ended

Feb. 01, 2020

Debt Disclosure [Abstract]

Borrowings and Capital Lease Obligations

Borrowings and Finance Lease Obligations

Borrowings and finance lease obligations are summarized as follows (in thousands):



	Feb 1, 2020		Feb 2, 2019
Mortgage debt, maturing monthly through January 2026	$	19,132	$	19,738
Finance lease obligations	16,535		16,702
Borrowings under credit facilities	3,957		—
Other	2,636		2,887
	42,260		39,327
Less current installments	9,490		4,315
Long-term debt and finance lease obligations	$	32,770	$	35,012

Mortgage Debt

On February 16, 2016, the Company entered into a ten-year $21.5 million real estate secured loan (the “Mortgage Debt”). The Mortgage Debt is secured by the Company’s U.S. distribution center based in Louisville, Kentucky and provides for monthly principal and interest payments based on a 25-year amortization schedule, with the remaining principal balance and any accrued and unpaid interest due at maturity. Outstanding principal balances under the Mortgage Debt bear interest at the one-month LIBOR rate plus 1.5%. As of February 1, 2020, outstanding borrowings under the Mortgage Debt, net of debt issuance costs of $0.1 million, were $19.1 million. At February 2, 2019, outstanding borrowings under the Mortgage Debt, net of debt issuance costs of $0.1 million, were $19.7 million.

The Mortgage Debt requires the Company to comply with a fixed charge coverage ratio on a trailing four-quarter basis if consolidated cash, cash equivalents, short term investment balances and availability under borrowing arrangements fall below certain levels. In addition, the Mortgage Debt contains customary covenants, including covenants that limit or restrict the Company’s ability to incur liens on the mortgaged property and enter into certain contractual obligations. Upon the occurrence of an event of default under the Mortgage Debt, the lender may terminate the Mortgage Debt and declare all amounts outstanding to be immediately due and payable. The Mortgage Debt specifies a number of events of default (some of which are subject to applicable grace or cure periods), including, among other things, non-payment defaults, covenant defaults, cross-defaults to other material indebtedness, bankruptcy and insolvency defaults and material judgment defaults.

On February 16, 2016, the Company also entered into a separate interest rate swap agreement, designated as a cash flow hedge, that resulted in a swap fixed rate of approximately 3.06%. This interest rate swap agreement matures in January 2026 and converts the nature of the Mortgage Debt from LIBOR floating-rate debt to fixed-rate debt. The fair value of the interest rate swap asset (liability) was approximately $(0.3) million and $1.0 million as of February 1, 2020 and February 2, 2019, respectively.

Finance Lease Obligations

During fiscal 2020, fiscal 2019 and fiscal 2018, the Company entered into finance leases of approximately $3.1 million, $1.2 million and $1.5 million, respectively, related primarily to computer hardware and software. As of February 1, 2020 and February 2, 2019, these finance obligations totaled $4.0 million and $2.0 million, respectively.

During fiscal 2018, the Company began the relocation of its European distribution center to the Netherlands. As a result, the Company entered into a finance lease of $17.0 million for equipment used in the new facility. The finance lease primarily provides for monthly minimum lease payments through May 2027 with an effective interest rate of approximately 6%. As of February 1, 2020 and February 2, 2019, the finance lease obligation was $12.6 million and $14.7 million, respectively.

Credit Facilities

On June 23, 2015, the Company entered into a five-year senior secured asset-based revolving credit facility with Bank of America, N.A. and the other lenders party thereto, and on April 22, 2019, the credit facility was amended to permit, among other things, the offering and sale of convertible senior notes and certain transactions related thereto (as amended, the “Credit Facility”). See Note 10 for more information regarding the Company’s convertible senior

notes. The Credit Facility provides for a borrowing capacity in an amount up to $150 million, including a Canadian sub-facility up to $50 million, subject to a borrowing base. Based on applicable accounts receivable and inventory as of February 1, 2020, the Company could have borrowed up to $113 million under the Credit Facility. The Credit Facility has an option to expand the borrowing capacity by up to $150 million subject to certain terms and conditions, including the willingness of existing or new lenders to assume such increased amount. The Credit Facility is available for direct borrowings and the issuance of letters of credit, subject to certain letters of credit sublimits, and may be used for working capital and other general corporate purposes.

All obligations under the Credit Facility are unconditionally guaranteed by the Company and the Company’s existing and future domestic and Canadian subsidiaries, subject to certain exceptions, and are secured by a first priority lien on substantially all of the assets of the Company and such domestic and Canadian subsidiaries, as applicable.

Direct borrowings under the Credit Facility made by the Company and its domestic subsidiaries shall bear interest at the U.S. base rate plus an applicable margin (varying from 0.25% to 0.75%) or at LIBOR plus an applicable margin (varying from 1.25% to 1.75%). The U.S. base rate is based on the greater of (i) the U.S. prime rate, (ii) the federal funds rate, plus 0.5%, and (iii) LIBOR for a 30-day interest period, plus 1.0%. Direct borrowings under the Credit Facility made by the Company’s Canadian subsidiaries shall bear interest at the Canadian prime rate plus an applicable margin (varying from 0.25% to 0.75%) or at the Canadian BA rate plus an applicable margin (varying from 1.25% to 1.75%). The Canadian prime rate is based on the greater of (i) the Canadian prime rate, (ii) the Bank of Canada overnight rate, plus 0.5%, and (iii) the Canadian BA rate for a one-month interest period, plus 1.0%. The applicable margins are calculated quarterly and vary based on the average daily availability of the aggregate borrowing base. The Company is also obligated to pay certain commitment, letter of credit and other fees customary for a credit facility of this size and type. As of February 1, 2020, the Company had $2.3 million in outstanding standby letters of credit, no outstanding documentary letters of credit and no outstanding borrowings under the Credit Facility.

The Credit Facility requires the Company to comply with a fixed charge coverage ratio on a trailing four-quarter basis if a default or an event of default occurs under the Credit Facility or generally if borrowings exceed 80% of the borrowing base. In addition, the Credit Facility contains customary covenants, including covenants that limit or restrict the Company and certain of its subsidiaries’ ability to: incur liens, incur indebtedness, make investments, dispose of assets, make certain restricted payments, merge or consolidate and enter into certain transactions with affiliates. Upon the occurrence of an event of default under the Credit Facility, the lenders may cease making loans, terminate the Credit Facility and declare all amounts outstanding to be immediately due and payable. The Credit Facility specifies a number of events of default (some of which are subject to applicable grace or cure periods), including, among other things, non-payment defaults, covenant defaults, cross-defaults to other material indebtedness, bankruptcy and insolvency defaults and material judgment defaults. The Credit Facility allows for both secured and unsecured borrowings outside of the Credit Facility up to specified amounts.

The Company, through its European subsidiaries, maintains short-term committed and uncommitted borrowing agreements, primarily for working capital purposes, with various banks in Europe. Some of these agreements include certain equity-based financial covenants. As of February 1, 2020, the Company could have borrowed up to $139 million under these agreements. As of February 1, 2020, the Company had no outstanding borrowings or outstanding documentary letters of credit under these agreements. The agreements are denominated primarily in euros and provide for annual interest rates ranging from 0.5% to 4.5%.

The Company, through its China subsidiary, maintains a short-term uncommitted bank borrowing agreement, primarily for working capital purposes. The multicurrency borrowing agreement provides for borrowing up to $20 million. As of February 1, 2020, the Company had $4.0 million in outstanding borrowings under this agreement.

Subsequent to year end, as a precautionary measure to ensure financial flexibility and maintain maximum liquidity in response to the COVID-19 pandemic, the Company drew down approximately $212 million under certain of its credit facilities in the U.S., Canada and Europe. Refer to Note 24 for further information.

Other

From time-to-time, the Company will obtain other financing in foreign countries for working capital to finance its local operations.

Maturities of the Company’s debt and finance lease obligations as of February 1, 2020 are as follows (in thousands):



	Debt		Finance Lease		Total
Fiscal 2021	$	7,228	$	2,273	$	9,501
Fiscal 2022	659		2,754		3,413
Fiscal 2023	682		2,533		3,215
Fiscal 2024	705		2,532		3,237
Fiscal 2025	727		1,912		2,639
Thereafter	15,790		4,531		20,321
Total principal payments	25,791		16,535		42,326
Less unamortized debt issuance costs	66		—		66
Total debt and finance lease obligations	$	25,725	$	16,535	$	42,260

Convertible Senior Notes and Related Transactions (Notes)

12 Months Ended

Feb. 01, 2020

Debt Disclosure [Abstract]

Convertible Senior Notes and Related Transactions

2.00% Convertible Senior Notes due 2024

In April 2019, the Company issued $300 million principal amount of 2.00% convertible senior notes due 2024 in a private offering. In connection with the issuance of the Notes, the Company entered into an indenture (the “Indenture”) with respect to the Notes with U.S. Bank N.A., as trustee (the “Trustee”). The Notes are senior unsecured obligations of the Company and bear interest at an annual rate of 2.00% payable semi-annually in arrears on April 15 and October 15 of each year, beginning on October 15, 2019. The Notes will mature on April 15, 2024, unless earlier repurchased or converted in accordance with their terms.

The Notes are convertible in certain circumstances into cash, shares of the Company’s common stock, or a combination of cash and shares of the Company’s common stock, at the Company’s election, at an initial conversion rate of 38.7879 shares of common stock per $1,000 principal amount of Notes, which is equivalent to an initial conversion price of approximately $25.78 per share, subject to adjustment upon the occurrence of certain events. Prior to November 15, 2023, the Notes are convertible only upon the occurrence of certain events and during certain periods, and thereafter, at any time until the close of business on the second scheduled trading day immediately preceding the maturity date of the Notes. Following certain corporate events described in the Indenture that occur prior to the maturity date, the conversion rate will be increased for a holder who elects to convert its Notes in connection with such corporate event in certain circumstances. The Notes are not redeemable prior to maturity, and no sinking fund is provided for the Notes.

If the Company undergoes a “fundamental change,” as defined in the Indenture, subject to certain conditions, holders of the Notes may require the Company to purchase for cash all or any portion of their Notes. The fundamental change purchase price will be 100% of the principal amount of the Notes to be purchased plus any accrued and unpaid interest up to but excluding the fundamental change purchase date.

The Indenture contains certain other customary terms and covenants, including that upon certain events of default occurring and continuing, either the Trustee or the holders of at least 25% in principal amount of the outstanding Notes may declare 100% of the principal of, and accrued and unpaid interest on, all the Notes to be due and payable.

Under GAAP, certain convertible debt instruments that may be settled in cash on conversion are required to be separately accounted for as liability and equity components of the instrument in a manner that reflects the issuer’s non-convertible debt borrowing rate. Accordingly, in accounting for the issuance of the Notes, the Company separated the Notes into liability and equity components. The liability component was recorded at fair value, which was derived from a valuation technique used to calculate the fair value of a similar liability without an associated convertible feature. The carrying amount of the equity component, which is recognized as a debt discount, represents the difference between the proceeds from the issuance of the Notes and the fair value of the liability component of the Notes. The excess of the principal amount of the liability component over its carrying amount (“debt discount”) will be amortized to interest expense using an effective interest rate of 6.8% over the term of the Notes. The equity component is not remeasured as long as it continues to meet the conditions for equity classification. During the fiscal year ended February 1, 2020, the Company recorded $7.6 million of interest expense related to the amortization of the debt discount.

Debt issuance costs related to the Notes were comprised of discounts and commissions payable to the initial purchasers of $3.8 million and third-party offering costs of approximately $1.5 million.

The Notes consist of the following components as of February 1, 2020 (in thousands):



Liability component:
Principal	$	300,000
Unamortized debt discount	(49,017		)
Unamortized issuance costs	(3,620		)
Net carrying amount	$	247,363

Equity component, net¹	$	42,320

______________________________________________________________________


¹	Included in paid-in capital within stockholders’ equity on the consolidated balance sheets and is net of debt issuance costs and deferred taxes.

As of February 1, 2020, the fair value of the Notes was approximately $272.0 million. The fair value of the Notes is determined based on inputs that are observable in the market and have been classified as Level 2 in the fair value hierarchy.

Convertible Bond Hedge and Warrant Transactions

In connection with the offering of the Notes, the Company entered into convertible note hedge transactions whereby the Company has the option to purchase a total of approximately 11.6 million shares of its common stock at a price of approximately $25.78 per share, in each case subject to adjustment in certain circumstances. The total cost of the convertible note hedge transactions was $61.0 million. In addition, the Company sold warrants whereby the holders of the warrants have the option to purchase a total of approximately 11.6 million shares of the Company’s common stock at a price of $46.88 per share. The Company received $28.1 million in cash proceeds from the sale of these warrants. Taken together, the purchase of the convertible note hedges and sale of the warrants are intended to offset dilution from the conversion of the Notes by effectively increasing the overall conversion price from $25.78 per share to $46.88 per share. The warrant transaction may have a dilutive effect with respect to the Company’s common stock to the extent the market price per share of the Company’s common stock exceeds the strike price of the warrants. As these transactions meet certain accounting criteria, the convertible note hedges and warrants are recorded in stockholders’ equity, are not accounted for as derivatives and are not remeasured each reporting period.

As of February 1, 2020, the Company had a net deferred tax liability of $11.2 million in connection with the debt discount associated with the Notes and a deferred tax asset of $12.3 million in connection with the convertible note hedge transactions. The net deferred tax impact was included in deferred tax assets on the Company’s consolidated balance sheet.

Stockholders' Equity

12 Months Ended

Feb. 01, 2020

Stockholders' Equity Note [Abstract]

Stockholders' Equity

Stockholders’ Equity

Dividends

The following table sets forth the cash dividend declared per share for the years ended February 1, 2020,

February 2, 2019 and February 3, 2018:



	Year Ended		Year Ended		Year Ended
	Feb 1, 2020		Feb 2, 2019		Feb 3, 2018
Cash dividend declared per share	$	0.5625	$	0.9000	$	0.9000

During the first quarter of fiscal 2020, the Company announced that its Board of Directors reduced the future quarterly cash dividends that may be paid to holders of the Company’s common stock, when, as and if any such dividend is declared by the Company’s Board of Directors, from $0.225 per share to $0.1125 per share to redeploy capital and return incremental value to shareholders through share repurchases. On March 18, 2020, the Company announced that, in light of uncertainty surrounding the COVID-19 pandemic, it had decided to postpone its decision related to the potential declaration of a quarterly cash dividend for the first quarter of fiscal 2021.

Decisions on whether, when and in what amounts to continue making any future dividend distributions will remain at all times entirely at the discretion of the Company’s Board of Directors, which reserves the right to change or terminate the Company’s dividend practices at any time and for any reason without prior notice. The payment of cash dividends in the future will be based upon a number of business, legal and other considerations, including our cash flow from operations, capital expenditures, debt service and covenant requirements, cash paid for income taxes, earnings, share repurchases, economic conditions and U.S. and global liquidity.

Accumulated Other Comprehensive Income (Loss)

The changes in accumulated other comprehensive income (loss), net of related income taxes, for fiscal 2020, fiscal 2019 and fiscal 2018 are as follows (in thousands):



	Foreign Currency Translation Adjustment			Derivative Financial Instruments Designated as Cash Flow Hedges			Defined Benefit Plans			Total
Balance at January 28, 2017	$	(158,227	)	$	5,400		$	(8,562	)	$	(161,389	)
Gains (losses) arising during the period	91,178			(20,408		)	(1,999		)	68,771
Reclassification to net loss for losses realized	—			414			352			766
Net other comprehensive income (loss)	91,178			(19,994		)	(1,647		)	69,537
Cumulative adjustment reclassified to retained earnings from adoption of new accounting guidance¹	—			225			(1,435		)	(1,210		)
Balance at February 3, 2018	$	(67,049	)	$	(14,369	)	$	(11,644	)	$	(93,062	)
Gains (losses) arising during the period	(52,497		)	10,962			1,516			(40,019		)
Reclassification to net earnings for losses realized	—			6,406			496			6,902
Net other comprehensive income (loss)	(52,497		)	17,368			2,012			(33,117		)
Balance at February 2, 2019	$	(119,546	)	$	2,999		$	(9,632	)	$	(126,179	)
Gains (losses) arising during the period	(17,743		)	8,316			342			(9,085		)
Reclassification to net earnings for (gains) losses realized	—			(6,996		)	369			(6,627		)
Net other comprehensive income (loss)	(17,743		)	1,320			711			(15,712		)
Cumulative adjustment reclassified from retained earnings due to adoption of new accounting guidance ²	—			1,981			—			1,981
Balance at February 1, 2020	$	(137,289	)	$	6,300		$	(8,921	)	$	(139,910	)

______________________________________________________________________

During the fourth quarter of fiscal 2018, the Company early adopted authoritative guidance which addresses certain stranded income tax effects in accumulated other comprehensive loss resulting from the Tax Reform enacted in December 2017. As a result, the Company recorded a cumulative adjustment to increase retained earnings by $1.2 million with a corresponding reduction to accumulated other comprehensive loss related to the Company’s Supplemental Executive Retirement Plan and its interest rate swap designated as a cash flow hedge based in the U.S.

During the first quarter of fiscal 2020, the Company adopted new authoritative guidance which eliminated the requirement to separately measure and report ineffectiveness for instruments that qualify for hedge accounting and generally requires that the entire change in the fair value of such instruments ultimately be presented in the same line as the respective hedge item. As a result, there is no interest component recognized for the ineffective portion of instruments that qualify for hedge accounting, but rather all changes in the fair value of such instruments are included in other comprehensive income (loss) during the year ended February 1, 2020. Upon adoption of this guidance, the Company reclassified approximately $2.0 million in gains from retained earnings to accumulated other comprehensive loss related to the previously recorded interest component on outstanding instruments that qualified for hedge accounting.

Details on reclassifications out of accumulated other comprehensive income (loss) to net earnings (loss) during fiscal 2020, fiscal 2019 and fiscal 2018 are as follows (in thousands):



										Location of (Gain) Loss Reclassified from Accumulated OCI into Earnings (Loss)
	Year Ended Feb 1, 2020			Year Ended Feb 2, 2019			Year Ended Feb 3, 2018
Derivative financial instruments designated as cash flow hedges:
Foreign exchange currency contracts	$	(7,776	)	$	7,020		$	(14	)	Cost of product sales
Foreign exchange currency contracts	—			201			583			Other income (expense)
Interest rate swap	(128		)	(103		)	87			Interest expense
Less income tax effect	908			(712		)	(242		)	Income tax expense
	(6,996		)	6,406			414
Defined benefit plans:
Net actuarial loss amortization	446			600			462			Other income (expense)¹
Prior service credit amortization	(39		)	(28		)	(27		)	Other income (expense)¹
Less income tax effect	(38		)	(76		)	(83		)	Income tax expense
	369			496			352
Total reclassifications to net earnings (loss) for (gains) losses realized during the period	$	(6,627	)	$	6,902		$	766

______________________________________________________________________

During fiscal 2019, in accordance with the adoption of the guidance related to the presentation of net periodic pension costs, reclassification of these items are now included in other income (expense).

Income Taxes

12 Months Ended

Feb. 01, 2020

Income Tax Disclosure [Abstract]

Income Taxes

Changes in Tax Law

During calendar 2019, Switzerland implemented tax reform (“Swiss tax reform”) that is effective as of January 1, 2020. The Swiss tax reform eliminates certain preferential tax treatments and includes transitional relief measures which provides for future tax deductions. During the fourth quarter of fiscal 2020, the Company recognized a one-time income tax benefit of approximately $8.1 million related primarily to the recognition of a deferred tax asset associated with the estimated value of a tax basis step-up of the Company’s Switzerland subsidiary’s assets.

In December 2017, the 2017 Tax Cuts and Jobs Act in the U.S. (referred to herein as the “Tax Reform”) was enacted into law. The Tax Reform includes significant changes to the U.S. corporate income tax system, including a reduction in the U.S. federal corporate income tax rate from 35% to 21% and a one-time mandatory transition tax on accumulated foreign earnings. Any income tax payable related to the transition tax is due over an eight-year period beginning in calendar 2018.

The Tax Reform also established new tax laws that were effective beginning in calendar 2018, including but not limited to (i) a new provision designed to tax global intangible low-taxed income (“GILTI”), (ii) a general elimination of U.S. federal income taxes on dividends from foreign subsidiaries, (iii) a limitation on deductible interest expense and (iv) limitations on the deductibility of certain executive compensation.

The Securities and Exchange Commission (“SEC”) issued authoritative guidance which addresses accounting for the impact of the Tax Reform. This guidance provides a measurement period, which should not extend beyond one year from the enactment date, during which the Company may finalize the accounting for the impacts of the Tax Reform, and allows for the Company to record provisional estimates of such amounts. As a result, during the fourth quarter of fiscal 2018, the Company recorded estimated additional income tax expense of $47.9 million. This was comprised of a provisional charge of $24.9 million for the re-measurement of U.S. deferred tax assets and a provisional charge of $23.0 million for the estimated effects of the transitional tax on the deemed repatriation of foreign earnings. During the third quarter of fiscal 2019, the Company completed the preparation of its U.S. federal tax return for fiscal 2018 and concluded, based on the additional information that had become available, that no transition tax was due with respect to the Tax Reform. As a result, during the third quarter of fiscal 2019, the Company reversed a portion of provisional amounts initially recorded during the three months ended February 3, 2018 and recorded a benefit of $19.6 million. During the fourth quarter of fiscal 2019, the Company concluded, based on additional regulatory guidance issued during the quarter, related to the Tax Reform, that the Company would owe transition taxes if proposed legislation that clarifies existing tax regulation with respect to the dividends received deduction calculation is passed into law. As a result, during the fourth quarter of fiscal 2019, the Company recorded additional charges due to the Tax Reform of $25.8 million. During fiscal 2020, the Company revised its tax liability estimation and related accrual to $19.9 million (net of related offsets in other tax jurisdiction). The balance related to this transition tax included in other long-term liabilities was $19.9 million and $25.8 million as of February 1, 2020 and February 2, 2019, respectively.

The Company has historically considered the undistributed earnings of its foreign subsidiaries to be indefinitely reinvested. As a result of the Tax Reform, the Company had a substantial amount of previously taxed earnings that could be distributed to the U.S. without additional U.S. taxation. The Company continues to evaluate its plans for reinvestment or repatriation of unremitted foreign earnings and regularly reviews its cash positions and determination of permanent reinvestment of foreign earnings. If the Company determines that all or a portion of such foreign earnings are no longer indefinitely reinvested, it may be subject to additional foreign withholding taxes and U.S. state income taxes, beyond the Tax Reform’s one-time transition tax. The Company intends to indefinitely reinvest the remaining earnings from the Company’s foreign subsidiaries for which a deferred tax liability has not already been recorded.

The Company is subject to a tax on global intangible low-taxed income (“GILTI”). GILTI is a tax on foreign income in excess of a deemed return on tangible assets of foreign corporations. Companies subject to GILTI have the option to account for the tax as a period cost if and when incurred, or factor such amounts into the measurement of deferred taxes. The Company has elected to account for GILTI as a period cost. For the years ended February 1, 2020 and February 2, 2019, the Company had no net tax provision related to GILTI tax.

During the fourth quarter of fiscal 2018, the Company also early adopted authoritative guidance which addresses certain stranded income tax effects in accumulated other comprehensive loss resulting from the Tax Reform. As a result, the Company recorded a cumulative adjustment of $1.2 million to reclassify the stranded income tax effects from the Tax Reform that were included in accumulated other comprehensive income (loss) to retained earnings.

Tax Settlement

In connection with an income tax audit in Italy, the Italian tax authority indicated that it believed that certain dividend distributions made in fiscal 2015 and fiscal 2016 from the Company’s Italian subsidiaries to their European parent holding company should be subject to certain withholding taxes in Italy. While the Company disagreed with the position of the Italian tax authority and was prepared to vigorously defend itself in this matter, the Company continued to work with the Italian tax authority in an attempt to resolve the dispute through standard tax resolution processes. In December 2019, to avoid a potentially long and costly litigation process, the Company reached an agreement with the Italian tax authority to settle the matter for €9.9 million ($11.1 million) (including interest), to be paid in 16 equal quarterly installments starting in December 2019. As a result of the agreement, the Company recorded a charge to income tax expense of €7.0 million ($7.8 million) (net of related offsets in other tax jurisdictions) during the fourth quarter of fiscal 2020. As of February 1, 2020, the Company had recorded €1.8 million ($2.0 million)

and €7.5 million ($8.3 million) in accrued expenses and other long-term liabilities, respectively, in the accompanying consolidated balance sheets.

Income Tax Expense

Income tax expense (benefit) is summarized as follows (in thousands):



	Year Ended			Year Ended		Year Ended
	Feb 1, 2020			Feb 2, 2019		Feb 3, 2018
Federal:
Current	$	9,270		$	16,495	$	34,181
Deferred	2,263			4,543		21,595
State:
Current	1,622			1,408		1,903
Deferred	1,699			1,532		217
Foreign:
Current	17,166			3,385		7,333
Deferred	(9,507		)	2,179		8,943
Total	$	22,513		$	29,542	$	74,172

Actual income tax expense differs from expected income tax expense obtained by applying the statutory federal income tax rate to earnings before income taxes as follows:



	Year Ended		Year Ended		Year Ended
	Feb 1, 2020		Feb 2, 2019		Feb 3, 2018
Computed “expected” tax rate	21.0	%	21.0	%	33.7	%
State taxes, net of federal benefit	3.0	%	1.1	%	2.4	%
Non-U.S. tax expense higher (lower) than federal statutory tax rate¹	0.0	%	24.2	%	(10.5	%)
Tax Reform - repatriation tax adjustment^2,3	—	%	(41.8	%)	32.8	%
Tax Reform - deferred tax adjustment	—	%	—	%	35.4	%
Swiss tax reform⁴	(6.5	%)	—	%	—	%
Valuation reserve	(0.2	%)	0.5	%	12.9	%
Unrecognized tax liabilities (benefits)³	(6.2	%)	51.3	%	0.8	%
Share-based compensation	0.9	%	0.2	%	1.5	%
Net tax settlements	9.1	%	—	%	—	%
Prior year tax adjustments	(1.8	%)	0.3	%	0.7	%
Non-deductible permanent differences	0.6	%	16.5	%	(4.1	%)
Foreign derived intangible income	(3.4	%)	(10.2	%)	—	%
Other	1.7	%	0.1	%	—	%
Effective tax rate	18.2	%	63.2	%	105.6	%

______________________________________________________________________

The jurisdictional location of pre-tax income (loss) may represent a significant component of the Company’s effective tax rate as earnings (loss) in foreign jurisdictions are taxed at rates that are different from the U.S. statutory income tax rate. Furthermore, the impact of changes in the jurisdictional location of pre-tax income (loss) on the Company’s effective tax rate will be greater at lower levels of consolidated pre-tax income (loss). These amounts exclude the impact of net changes in valuation allowances, audit and other adjustments related to the Company’s non-U.S. operations, as they are reported separately in the appropriate corresponding line items in the table above.

During fiscal 2018, the Company recognized additional tax expense resulting from the enactment of the Tax Reform to account for the estimated effects of the transitional tax on the deemed repatriation of foreign earnings and reduced deferred tax assets due to lower future U.S. corporate tax rates. During the third quarter of fiscal 2019, the Company completed the preparation of its U.S. federal tax return for fiscal 2018 and concluded, based on the additional information that had become available, that no transition tax was due with respect to the Tax Reform. As a result, during the third quarter of fiscal 2019, the Company reversed a portion of provisional amounts initially recorded during the three months ended February 3, 2018 and recorded a benefit of $19.6 million.

During the fourth quarter of fiscal 2019, the Company concluded based on additional regulatory guidance issued during the quarter related to the Tax Reform, that the Company would owe transition taxes if proposed legislation that clarifies existing tax regulation with respect to the dividends received deduction calculation is passed into law. As a result, during the three months ended February 2, 2019, the Company recorded additional charges due to the Tax Reform of $25.8 million as an uncertain tax position. In fiscal 2020, the Company revised its tax liability estimation and related accrual to $19.9 million.


⁴	During fiscal 2020, the Company recognized additional tax benefits resulting from the enactment of the Swiss tax reform. The additional tax benefits related primarily to the recognition of a deferred tax asset associated with the estimated value of a tax basis step-up of the Company’s Switzerland subsidiary’s assets.

Total income tax expense (benefit) is allocated as follows (in thousands):



	Year Ended			Year Ended		Year Ended
	Feb 1, 2020			Feb 2, 2019		Feb 3, 2018
Operations	$	22,513		29,542		$	74,172
Stockholders’ equity¹	(1,142		)	3,006		(3,173		)
Total income tax expense	$	21,371		$	32,548	$	70,999

______________________________________________________________________

In April 2019, the Company issued $300 million principal amount of 2.00% convertible senior notes due 2024 (the “Notes”) in a private offering. Paid-in capital includes $1.3 million in net deferred tax assets in connection with the related convertible note hedge transactions and debt discount associated with the Notes. Refer to Note 10 for more information on the convertible senior notes and related transactions.

The tax effects of the components of other comprehensive income (loss) are allocated as follows (in thousands):



	Year Ended		Year Ended		Year Ended
	Feb 1, 2020		Feb 2, 2019		Feb 3, 2018
Derivative financial instruments designated as cash flow hedges	$	80	$	2,402	$	(2,738	)
Defined benefit plans	68		604		(435		)
Total income tax expense (benefit)¹	$	148	$	3,006	$	(3,173	)

______________________________________________________________________

Total earnings before income tax expense and noncontrolling interests are comprised of the following (in thousands):



	Year Ended		Year Ended			Year Ended
	Feb 1, 2020		Feb 2, 2019			Feb 3, 2018
Domestic operations	$	91,008	$	97,885		$	39,112
Foreign operations	32,734		(51,177		)	31,159
Earnings before income tax expense and noncontrolling interests	$	123,742	$	46,708		$	70,271

Deferred Taxes

The tax effects of temporary differences that give rise to significant portions of deferred tax assets and deferred tax liabilities as of February 1, 2020 and February 2, 2019 are presented below (in thousands):



	Feb 1, 2020			Feb 2, 2019
Deferred tax assets:
Operating lease liabilities	$	187,981		$	—
Net operating losses	24,156			23,212
Defined benefit plans	12,539			12,883
Convertible senior notes hedge transactions	12,284			—
Deferred compensation	9,282			9,823
Goodwill amortization	7,301			—
Deferred income	5,568			4,373
Inventory valuation	3,378			1,339
Lease incentives	3,272			1,337
Account receivable reserve	2,043			2,009
Accrued bonus	1,993			2,208
Sales return and other reserves	1,981			1,933
Uniform capitalization	890			1,419
Rent expense	—			7,114
Excess of book over tax depreciation/amortization	—			6,638
Other	14,296			18,883
Total deferred tax assets	286,964			93,171
Deferred tax liabilities:
Operating right-of-use assets	(175,370		)	—
Convertible senior notes debt discount	(11,167		)	—
Goodwill amortization	—			(2,267		)
Other	(6,112		)	(870		)
Valuation allowance	(30,760		)	(32,810		)
Net deferred tax assets	$	63,555		$	57,224

Based on the historical earnings of the Company and projections of future taxable earnings in certain jurisdictions, management believes it is more likely than not that the results of operations will not generate sufficient taxable earnings to realize certain net deferred tax assets. Therefore, the Company has recorded a valuation allowance of $30.8 million, which is a decrease of $2.1 million from the prior year.

As of February 1, 2020, certain of the Company’s operations had net operating loss carryforwards of $166.6 million, including state/provincial net operating loss carryforwards. These are comprised of $17.6 million of operating loss carryforwards that have an unlimited carryforward life, $80.2 million of foreign operating loss carryforwards that expire between fiscal 2021 and fiscal 2040 and $68.8 million of state/provincial operating loss carryforwards that expire between fiscal 2023 and fiscal 2040. Based on the historical earnings of these operations, management believes that it is more likely than not that some of the operations will not generate sufficient earnings to utilize all of the net operating loss. As of February 1, 2020 and February 2, 2019, the Company had a valuation allowance of $21.8 million and $22.9 million, respectively, related to its net operating loss carryforwards.

Unrecognized Tax Benefit

The Company and its subsidiaries are subject to U.S. federal and foreign income tax as well as income tax of multiple state and foreign local jurisdictions. From time-to-time, the Company is subject to routine income and other tax audits on various tax matters around the world in the ordinary course of business.

Although the Company has substantially concluded all U.S. federal, foreign, state and foreign local income tax matters for years through fiscal 2012, as of February 1, 2020, several income tax audits were underway in multiple jurisdictions for various periods after fiscal 2012. These audits could conclude with an assessment of additional tax

liability for the Company. These assessments could arise as the result of timing or permanent differences and could be material to the Company’s net income or future cash flows. In the event the Company disagrees with an assessment from a taxing authority, the Company may elect to appeal, litigate, pursue settlement or take other actions. The Company accrues an amount for its estimate of additional income tax liability which the Company, more likely than not, will incur as a result of the ultimate resolution of income tax audits (“uncertain tax positions”). The Company reviews and updates the estimates used in the accrual for uncertain tax positions, as appropriate, as more definitive information or interpretations become available from taxing authorities, upon completion of tax audits, upon receipt of assessments, upon expiration of statutes of limitation, or upon occurrence of other events.

A reconciliation of the beginning and ending amount of gross unrecognized tax benefit (excluding interest and penalties) is as follows (in thousands):



	Year Ended			Year Ended			Year Ended
	Feb 1, 2020			Feb 2, 2019			Feb 3, 2018
Beginning balance	$	38,751		$	16,771		$	12,983
Additions:
Tax positions related to the prior year	3,074			25,822			3,129
Tax positions related to the current year	264			267			222
Reductions:
Tax positions related to the prior year	(12,658		)	(2,934		)	(355		)
Tax positions related to the current year	—			(449		)	(303		)
Expiration of statutes of limitations	—			—			(206		)
Foreign currency translation	(248		)	(726		)	1,301
Ending balance	$	29,183		$	38,751		$	16,771

The amount of unrecognized tax benefit as of February 1, 2020 includes $28.7 million (net of federal benefit on state issues) which, if ultimately recognized, may reduce our future annual effective tax rate. As of February 1, 2020 and February 2, 2019, the Company had $34.0 million and $41.4 million, respectively, of aggregate accruals for uncertain tax positions, including penalties and interest.

The Company’s practice is to recognize interest and/or penalties related to income tax matters in income tax expense. The Company included interest and penalties related to uncertain tax positions of $2.2 million, $0.5 million and $0.5 million in income tax expense for fiscal 2020, fiscal 2019 and fiscal 2018, respectively. Total interest and penalties related to uncertain tax positions was $4.8 million and $2.6 million for the years ended February 1, 2020 and February 2, 2019, respectively.

Defined Benefit Plans

12 Months Ended

Feb. 01, 2020

Defined Benefit Plan [Abstract]

Defined Benefit Plans

The Company maintains defined benefit plans for certain employees primarily in the U.S. and Switzerland. In accordance with authoritative guidance for defined benefit pension and other postretirement plans, an asset for a plan’s overfunded status or a liability for a plan’s underfunded status is recognized in the consolidated balance sheets; plan assets and obligations that determine the plan’s funded status are measured as of the end of the Company’s fiscal year; and changes in the funded status of defined benefit postretirement plans are recognized in the year in which they occur. Such changes are reported in other comprehensive income (loss) as a separate component of stockholders’ equity.

Supplemental Executive Retirement Plan

On August 23, 2005, the Board of Directors of the Company adopted a Supplemental Executive Retirement Plan (“SERP”) which became effective January 1, 2006. The SERP provides select employees who satisfy certain eligibility requirements with certain benefits upon retirement, termination of employment, death, disability or a change in control of the Company, in certain prescribed circumstances.

As a non-qualified pension plan, no dedicated funding of the SERP is required; however, the Company has made periodic payments into insurance policies held in a rabbi trust to fund the expected obligations arising under the non-qualified SERP. The amount of any future payments into the insurance policies, if any, may vary depending on investment performance of the trust. The cash surrender values of the insurance policies were $67.7 million and $61.7 million as of February 1, 2020 and February 2, 2019, respectively, and were included in other assets in the Company’s consolidated balance sheets. As a result of changes in the value of the insurance policy investments, the Company recorded unrealized gains (losses) of $7.6 million, $(1.1) million and $7.7 million in other income and expense during fiscal 2020, fiscal 2019 and fiscal 2018, respectively.

The Company assumed a discount rate of approximately 2.5% and 3.8% for the years ended February 1, 2020 and February 2, 2019, respectively, as part of the actuarial valuation performed to calculate the projected benefit obligation, based on the timing of cash flows expected to be made in the future to the participants, applied to high quality yield curves. The Company also considers recent updates to the mortality tables and mortality improvement scale published by the Society of Actuaries in developing its best estimate of the expected mortality rates for its plan participants.

As of February 1, 2020, accumulated other comprehensive income (loss) included minimal actuarial losses that are expected to be amortized and recognized as a component of net periodic defined benefit pension cost in fiscal 2021. Aggregate benefits projected to be paid in the next five fiscal years are approximately $1.7 million in fiscal 2021, $1.9 million in fiscal 2022, $1.9 million in fiscal 2023, $1.9 million in fiscal 2024 and $1.8 million in fiscal 2025. Aggregate benefits projected to be paid in the five fiscal years following fiscal 2025 amount to $18.2 million.

Foreign Pension Plans

In certain foreign jurisdictions, primarily in Switzerland, the Company is required to guarantee the returns on Company sponsored defined contribution plans in accordance with local regulations. These plans are typically government-mandated defined contribution plans that provide employees with a minimum investment return, and as such, are treated under pension accounting in accordance with authoritative guidance. The minimum investment return for our Swiss pension plan was 1.00% during calendar 2019 and calendar 2018. Under the Swiss pension plan, both the Company and certain of its employees with annual earnings in excess of government determined amounts are required to make contributions into a fund managed by an independent investment fiduciary. The Company’s contributions must be made in an amount at least equal to the employee’s contribution. Minimum employee contributions are based on the respective employee’s age, salary and gender.

As of February 1, 2020 and February 2, 2019, actuarial assumptions used by the Company to calculate the projected benefit obligation and the fair value of the plans assets related to its Swiss pension plan included discount rates of (0.15)% and 0.70%, respectively, and expected returns on plan assets of 0.50% and 1.20%, respectively.

As of February 1, 2020, accumulated other comprehensive income (loss) included actuarial losses of $0.3 million that are expected to be amortized and recognized as a component of net periodic defined benefit pension cost in fiscal 2021.

The components of net periodic defined benefit pension cost to accumulated comprehensive income (loss) for fiscal 2020, fiscal 2019 and fiscal 2018 related to the Company’s defined benefit plans are as follows (in thousands):



	Year Ended February 1, 2020
	SERP			Foreign Pension Plans			Total
Service cost	$	—		$	3,211		$	3,211
Interest cost	1,924			270			2,194
Expected return on plan assets	—			(310		)	(310		)
Net amortization of unrecognized prior service credit	—			(39		)	(39		)
Net amortization of actuarial losses	62			384			446
Net periodic defined benefit pension cost	$	1,986		$	3,516		$	5,502

Unrecognized prior service credit charged to comprehensive income (loss)	$	—		$	(39	)	$	(39	)
Unrecognized net actuarial loss charged to comprehensive income (loss)	62			384			446
Net actuarial gains (losses)	449			(43		)	406
Foreign currency and other adjustments	—			(34		)	(34		)
Related tax impact	(118		)	50			(68		)
Total periodic defined benefit pension cost and other charges to other comprehensive income (loss) and accumulated other comprehensive income (loss)	$	393		$	318		$	711



	Year Ended February 2, 2019
	SERP			Foreign Pension Plans			Total
Service cost	$	—		$	3,039		$	3,039
Interest cost	1,887			225			2,112
Expected return on plan assets	—			(303		)	(303		)
Net amortization of unrecognized prior service credit	—			(28		)	(28		)
Net amortization of actuarial losses	187			413			600
Net periodic defined benefit pension cost	$	2,074		$	3,346		$	5,420

Unrecognized prior service credit charged to comprehensive income (loss)	$	—		$	(28	)	$	(28	)
Unrecognized net actuarial loss charged to comprehensive income (loss)	187			413			600
Net actuarial gains (losses)	2,787			(1,054		)	1,733
Foreign currency and other adjustments	—			311			311
Related tax impact	(686		)	82			(604		)
Total periodic defined benefit pension cost and other charges to other comprehensive income (loss) and accumulated other comprehensive income (loss)	$	2,288		$	(276	)	$	2,012



	Year Ended February 3, 2018
	SERP			Foreign Pension Plans			Total
Service cost	$	—		$	2,500		$	2,500
Interest cost	1,844			147			1,991
Expected return on plan assets	—			(244		)	(244		)
Net amortization of unrecognized prior service credit	—			(27		)	(27		)
Net amortization of actuarial losses	151			311			462
Net periodic defined benefit pension cost	$	1,995		$	2,687		$	4,682

Unrecognized prior service credit charged to comprehensive income (loss)	$	—		$	(27	)	$	(27	)
Unrecognized net actuarial loss charged to comprehensive income (loss)	151			311			462
Net actuarial losses	(1,092		)	(1,156		)	(2,248		)
Foreign currency and other adjustments	—			(269		)	(269		)
Related tax impact	360			75			435
Total periodic defined benefit pension cost and other charges to other comprehensive income (loss) and accumulated other comprehensive income (loss)	(581		)	(1,066		)	(1,647		)
Cumulative adjustment reclassified to retained earnings from adoption of new accounting guidance ¹	(1,435		)	—			(1,435		)
Total periodic defined benefit pension cost and other charges to accumulated other comprehensive income (loss)	$	(2,016	)	$	(1,066	)	$	(3,082	)

______________________________________________________________________

Included in accumulated other comprehensive income (loss), before tax, as of February 1, 2020 and February 2, 2019 are the following amounts that have not yet been recognized in net periodic defined benefit pension cost (in thousands):



	Feb 1, 2020								Feb 2, 2019
	SERP		Foreign Pension Plans			Total			SERP		Foreign Pension Plans			Total
Unrecognized prior service credit	$	—	$	(227	)	$	(227	)	$	—	$	(159	)	$	(159	)
Unrecognized net actuarial loss	5,969		5,093			11,062			6,480		5,293			11,773
Total included in accumulated other comprehensive loss	$	5,969	$	4,866		$	10,835		$	6,480	$	5,134		$	11,614

The following table summarizes the funded status of the Company’s defined benefit plans and the amounts recognized in the Company’s consolidated balance sheets (in thousands):



	Feb 1, 2020									Feb 2, 2019
	SERP			Foreign Pension Plans			Total			SERP			Foreign Pension Plans			Total
Projected benefit obligation	$	(51,939	)	$	(34,779	)	$	(86,718	)	$	(52,162	)	$	(31,105	)	$	(83,267	)
Plan assets at fair value ¹	—			28,893			28,893			—			25,358			25,358
Net liability ²	$	(51,939	)	$	(5,886	)	$	(57,825	)	$	(52,162	)	$	(5,747	)	$	(57,909	)

______________________________________________________________________


¹	The SERP is a non-qualified pension plan and hence the insurance policies are not considered to be plan assets. Accordingly, the table above does not include the insurance policies with cash surrender values of $67.7 million and $61.7 million as of February 1, 2020 and February 2, 2019, respectively.


²	The net liability was included in accrued expenses and other long-term liabilities in the Company’s consolidated balance sheets depending on the expected timing of payments.

A reconciliation of the changes in the projected benefit obligation for fiscal 2020 and fiscal 2019 is as follows (in thousands):



	Projected Benefit Obligation
	SERP			Foreign Pension Plans			Total
Balance at February 3, 2018	$	54,760		$	26,409		$	81,169
Service cost	—			3,039			3,039
Interest cost	1,887			225			2,112
Actuarial (gains) losses	(2,787		)	1,054			(1,733		)
Contributions by plan participants	—			2,310			2,310
Payments	(1,698		)	(1,824		)	(3,522		)
Acquisition	—			1,539			1,539
Foreign currency and other adjustments	—			(1,647		)	(1,647		)
Balance at February 2, 2019	$	52,162		$	31,105		$	83,267
Service cost	—			3,211			3,211
Interest cost	1,924			270			2,194
Actuarial gains	(449		)	(82		)	(531		)
Contributions by plan participants	—			2,920			2,920
Payments	(1,698		)	(3,292		)	(4,990		)
Foreign currency and other adjustments	—			647			647
Balance at February 1, 2020	$	51,939		$	34,779		$	86,718

The SERP is a non-qualified pension plan and hence the insurance policies are not considered to be plan assets. Accordingly, the table below does not include the insurance policies with cash surrender values of $67.7 million and $61.7 million as of February 1, 2020 and February 2, 2019, respectively. A reconciliation of the changes in plan assets for the Company’s foreign pension plans for fiscal 2020 and fiscal 2019 is as follows (in thousands):



	Plan Assets
Balance at February 3, 2018	$	21,437
Actual return on plan assets	252
Contributions by employer	3,308
Contributions by plan participants	2,310
Payments	(1,824		)
Acquisition	1,186
Foreign currency and other adjustments	(1,311		)
Balance at February 2, 2019	$	25,358
Actual return on plan assets	186
Contributions by employer	3,158
Contributions by plan participants	2,920
Payments	(3,292		)
Foreign currency and other adjustments	563
Balance at February 1, 2020	$	28,893

Related Party Transactions	12 Months Ended
Related Party Transactions	Feb. 01, 2020
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions The Company and its subsidiaries periodically enter into transactions with other entities or individuals that are considered related parties, including certain transactions with entities affiliated with trusts for the respective benefit of Paul Marciano, who is an executive and member of the Board of the Company, and Maurice Marciano, Chairman Emeritus and member of the Board, and certain of their children (the “Marciano Trusts”). Leases The Company leases warehouse and administrative facilities, including the Company’s corporate headquarters in Los Angeles, California, from partnerships affiliated with the Marciano Trusts and certain of their affiliates. There were four of these leases in effect as of February 1, 2020 with expiration dates in calendar years 2020 and 2021. Aggregate lease costs recorded under these four related party leases for fiscal 2020, fiscal 2019 and fiscal 2018 were $5.1 million, $5.0 million and $4.9 million, respectively. The Company believes that the terms of the related party leases have not been significantly affected by the fact that the Company and the lessors are related. Refer to Note 9 for more information on lease commitments. Aircraft Arrangements The Company periodically charters aircraft owned by entities affiliated with the Marciano Trusts (the “Aircraft Entities”) through informal arrangements with the Aircraft Entities and independent third-party management companies contracted by the Aircraft Entities to manage its aircraft. The total fees paid under these arrangements for fiscal 2020, fiscal 2019 and fiscal 2018 were approximately $0.4 million, $1.0 million and $1.1 million, respectively.

Commitments and Contingencies

12 Months Ended

Feb. 01, 2020

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

Purchase Commitments

Inventory purchase commitments as of February 1, 2020 were $208.6 million. These purchase commitments can be impacted by various factors, including the scheduling of market weeks, the timing of issuing orders, the timing of the shipment of orders and currency fluctuations.

Incentive Bonuses

Certain officers and key employees of the Company are eligible to receive annual cash incentive bonuses based on the achievement of certain performance criteria. These bonuses are based on performance measures such as

earnings from operations of the Company or particular segments thereof, as well as other objective and subjective criteria as determined by the Compensation Committee of the Board of Directors.

Investment Commitments

As of February 1, 2020, the Company had an unfunded commitment to invest €3.6 million ($4.0 million) in a private equity fund. Refer to Note 21 for further information.

Legal and Other Proceedings

The Company is involved in legal proceedings, arising both in the ordinary course of business and otherwise, including the proceedings described below as well as various other claims and other matters incidental to the Company’s business. Unless otherwise stated, the resolution of any particular proceeding is not currently expected to have a material adverse impact on the Company’s financial position or results of operations. Even if such an impact could be material, we may not be able to estimate the reasonably possible loss or range of loss until developments in the proceedings have provided sufficient information to support an assessment.

The Company has received customs tax assessment notices from the Italian Customs Agency (“ICA”) regarding its customs tax audit of one of the Company’s European subsidiaries for the period from July 2010 through December 2012. Such assessments totaled €9.8 million ($10.9 million), including potential penalties and interest. The Company strongly disagreed with the ICA’s positions and therefore filed appeals with the Milan First Degree Tax Court (“MFDTC”). Those appeals were split into a number of different cases that were then heard by different sections of the MFDTC. The MFDTC ruled in favor of the Company on all of these appeals. The ICA subsequently appealed €9.7 million ($10.8 million) of these favorable MFDTC judgments with the Appeals Court. To date, €8.5 million ($9.4 million) have been decided in favor of the Company and €1.2 million ($1.4 million) have been decided in favor of the ICA. The Company believes that the unfavorable Appeals Court ruling is incorrect and inconsistent with the prior rulings on similar matters by both the MFDTC and other judges within the Appeals Court, and plans to appeal the decision to the Supreme Court. The ICA has appealed most of the favorable Appeals Court rulings to the Supreme Court. To date, of the cases that have been appealed to the Supreme Court, €0.4 million ($0.5 million) have been decided in favor of the Company based on the merits of the case and €1.1 million ($1.3 million) have been remanded back to the lower court for further consideration. There can be no assurances the Company will be successful in the remaining appeals. It also continues to be possible that the Company will receive similar or even larger assessments for periods subsequent to December 2012 or other claims or charges related to the matter in the future. Although the Company believes that it has a strong position and will continue to vigorously defend this matter, it is unable to predict with certainty whether or not these efforts will ultimately be successful or whether the outcome will have a material impact on the Company’s financial position or results of operations.

Redeemable Noncontrolling Interests

The Company is party to a put arrangement with respect to the common securities that represent the remaining noncontrolling interest for its majority-owned subsidiary, Guess Brasil Comércio e Distribuição S.A. (“Guess Brazil”), which was established through a majority-owned joint venture during fiscal 2014. The put arrangement for Guess Brazil, representing 40% of the total outstanding equity interest of that subsidiary, may be exercised at the discretion of the noncontrolling interest holder by providing written notice to the Company every third anniversary beginning in March 2019, subject to certain time restrictions. The redemption value of the Guess Brazil put arrangement is based on a multiple of Guess Brazil’s earnings before interest, taxes, depreciation and amortization subject to certain adjustments and is classified as a redeemable noncontrolling interest outside of permanent equity in the Company’s consolidated balance sheet. The carrying value of the redeemable noncontrolling interest related to Guess Brazil was $1.2 million and $1.4 million as of February 1, 2020 and February 2, 2019, respectively.

The Company is also party to a put arrangement with respect to the common securities that represent the remaining noncontrolling interest for its majority-owned subsidiary, Guess? CIS, LLC (“Guess CIS”), which was established through a majority-owned joint venture during fiscal 2016. The put arrangement for Guess CIS, representing 30% of the total outstanding equity interest of that subsidiary, may be exercised at the discretion of the noncontrolling interest holder by providing written notice to the Company during the period beginning after the fifth anniversary of the agreement through December 31, 2025, or sooner in certain limited circumstances. The redemption

value of the Guess CIS put arrangement is based on a multiple of Guess CIS’s earnings before interest, taxes, depreciation and amortization subject to certain adjustments and is classified as a redeemable noncontrolling interest outside of permanent equity in the Company’s consolidated balance sheet. During fiscal 2018, the Company and the noncontrolling interest holder made additional capital contributions totaling $3.2 million, of which $2.2 million was paid by the Company and the remaining amount was paid by the noncontrolling interest holder to retain the same pro-rata interest in Guess CIS. The carrying value of the redeemable noncontrolling interest related to Guess CIS was $3.5 million as of each of the fiscal years ended February 1, 2020 and February 2, 2019.

A reconciliation of the total carrying amount of redeemable noncontrolling interests for fiscal 2020 and fiscal 2019 is as follows (in thousands):



	Year Ended			Year Ended
	Feb 1, 2020			Feb 2, 2019
Beginning balance	$	4,853		$	5,590
Foreign currency translation adjustment	(122		)	(737		)
Ending balance	$	4,731		$	4,853

Savings Plans	12 Months Ended
Savings Plans	Feb. 01, 2020
Retirement Benefits [Abstract]
Savings Plans	Savings Plans The Company established the Guess?, Inc. Savings Plan (the “Savings Plan”) under Section 401(k) of the Internal Revenue Code. Under the Savings Plan, employees (“associates”) may contribute up to 100% of their compensation per year subject to the elective limits as defined by IRS guidelines and the Company may make matching contributions in amounts not to exceed 3.0% of the associates’ annual compensation. Investment selections consist of mutual funds and do not include any Company common stock. The Company’s contributions to the Savings Plan amounted to $1.4 million, $1.2 million and $1.1 million for fiscal 2020, fiscal 2019 and fiscal 2018, respectively. Effective January 1, 2006, the Company adopted a Non-Qualified Deferred Compensation Plan (the “DCP”). Under the DCP, select employees who satisfy certain eligibility requirements and members of the Board of Directors may make annual irrevocable elections to defer a portion of their base compensation and/or bonuses. The deferred amounts and earnings thereon are payable to participants at specified future distribution dates, upon termination of employment, retirement, disability, death or change in control of the Company, in a lump sum or installments, pursuant to elections under the rules of the DCP. The participants to the DCP have an unsecured contractual commitment by the Company to pay the amounts due under the DCP. The deferred compensation liability as of February 1, 2020 and February 2, 2019 was $14.1 million and $14.4 million, respectively, and was included in accrued expenses and other long-term liabilities in the Company’s consolidated balance sheets depending on the expected timing of payments. The Company has purchased corporate-owned life insurance, which is held in a rabbi trust, to offset this liability. The assets held in the rabbi trust are not available for general corporate purposes except in the event of bankruptcy of the Company. As of February 1, 2020 and February 2, 2019, the long-term asset was $14.2 million and $14.3 million, respectively. All earnings and expenses of the rabbi trust are reported in the Company’s consolidated statements of income (loss) in other income (expense). For fiscal 2020, fiscal 2019 and fiscal 2018, the Company incurred unrealized gains (losses) of $1.5 million, $(0.4) million and $1.7 million, respectively, related to the change in the value of the insurance policy investments.

Quarterly Information (Unaudited)

12 Months Ended

Feb. 01, 2020

Quarterly Financial Information Disclosure [Abstract]

Quarterly Information (Unaudited)

The following is a summary of the unaudited quarterly financial information for fiscal 2020 and fiscal 2019 (in thousands, except per share data):



	Quarterly Periods Ended¹
Year Ended February 1, 2020	May 4, 2019			Aug 3, 2019		Nov 2, 2019		Feb 1, 2020
Net revenue	$	536,691		$	683,220	$	615,944	$	842,254
Gross profit	181,949			265,666		229,499		338,594
Net earnings (loss)	(20,581		)	26,176		13,585		82,049
Net earnings (loss) attributable to Guess?, Inc.	(21,374		)	25,322		12,423		79,604
Net earnings (loss) per common share attributable to common stockholders^2,3,4,5,6:
Basic	$	(0.27	)	$	0.36	$	0.19	$	1.21
Diluted	$	(0.27	)	$	0.35	$	0.18	$	1.18



	Quarterly Periods Ended¹
Year Ended February 2, 2019	May 5, 2018			Aug 4, 2018		Nov 3, 2018			Feb 2, 2019
Net revenue	$	521,289		$	645,871	$	605,407		$	837,127
Gross profit	173,938			239,431		220,143			306,092
Net earnings (loss)	(20,987		)	25,734		(12,816		)	25,235
Net earnings (loss) attributable to Guess?, Inc.	(21,221		)	25,530		(13,442		)	23,232
Net earnings (loss) per common share attributable to common stockholders^{2,4,5,6,7,8,9}:
Basic	$	(0.27	)	$	0.32	$	(0.17	)	$	0.29
Diluted	$	(0.27	)	$	0.31	$	(0.17	)	$	0.28

______________________________________________________________________


¹	All fiscal quarters presented consisted of 13 weeks.

Per common share amounts for the quarters and full years have been calculated separately. Accordingly, quarterly amounts may not add to the annual amount because of differences in the average common shares outstanding during each period. In addition, holders of the Company’s restricted stock awards are not required to participate in losses of the Company. Therefore, in periods in which the Company reported a net loss, such losses were not allocated to these participating securities, and, as a result, basic and diluted net loss per share were the same in those periods.


³	Per common share amounts for fiscal 2020 reflect the net impact of share repurchases, cash interest expense and amortization of debt discount and debt issuance costs related to the $300 million convertible senior notes issued during the first quarter of fiscal 2020. Refer to Note 23 and Note 10 for further information regarding share repurchases and the Company’s convertible senior notes.

⁴

On January 28, 2019, the Company announced the departure of its former Chief Executive Officer and the terms of his separation. As a result, the Company recorded $5.2 million in separation-related charges during the fourth quarter of fiscal 2019. These charges were comprised of $2.4 million in cash related severance payments and $2.8 million in non-cash stock-based compensation expenses representing the accelerated vesting of previously granted stock awards. The Company also recorded $0.4 million during the fourth quarter of fiscal 2020 mainly related to non-cash stock-based compensation expense resulting from changes in expected performance conditions of certain previously granted stock awards that were no longer subject to service vesting requirements after his departure.

⁵

The Company recorded certain professional service and legal costs and related (credits) costs of $0.3 million, $0.4 million, $(1.4) million and $(0.1) million during the first, second, third and fourth quarters of fiscal 2020, respectively. The Company recorded $3.8 million, $2.0 million, $0.1 million and $0.2 million of certain professional service and legal costs and related costs during the first, second, third and fourth quarters of fiscal 2019.

⁶

During each of the periods presented, the Company recognized asset impairment charges related primarily to impairment of certain retail locations resulting from under-performance and expected store closures. During the third quarter of fiscal 2020, asset impairment charges also included impairment charges related to certain operating right-of-use assets. During the fourth quarter of fiscal 2020, asset impairment charges also included impairment charges related to goodwill associated with the Company’s China retail reporting unit and impairment charges related to certain operating lease right-of-use assets. The Company recorded asset impairment charges of $1.8 million, $1.5 million, $1.8 million and $4.9 million, respectively, during the first, second, third and fourth quarters of fiscal 2020, respectively. The Company also recorded asset impairment charges of $0.7 million, $3.0 million, $1.3 million and $1.9 million, respectively, during the first, second, third and fourth quarters of fiscal 2019. Refer to Note 5, Note 6 and Note 9 for further information.


⁷	The Company recorded net gains on lease terminations of $0.2 million and $0.3 million during the first and fourth quarters of fiscal 2019, respectively. There were no net gains (losses) on lease terminations recognized during the second or third quarters of fiscal 2019. Refer to Note 1 for further information regarding net gains (losses) on lease terminations.

⁸

During the third quarter of fiscal 2019, the Company recognized a charge of €37.0 million ($42.4 million) related to a fine expected to be imposed on the Company by the European Commission related to alleged violations of European Union competition rules by the Company. In December of fiscal 2019, the European Commission published its findings and levied a total fine of €39.8 million ($45.6 million), which the Company paid in the first quarter of fiscal 2020. As a result, during the fourth quarter of fiscal 2019, the Company recorded additional charges of €2.8 million ($3.2 million).

⁹

During the third quarter of fiscal 2019, the Company revised the provisional amounts previously recorded related to deemed repatriation of foreign earnings under the Tax Reform, and recorded an income tax benefit of $19.6 million. During the fourth quarter of fiscal 2019, the Company concluded based on additional regulatory guidance issued during the quarter, related to the Tax Reform, that the Company would owe transition taxes if proposed legislation that clarifies existing tax regulation with respect to the dividends received deduction calculation is passed into law. As a result, during the three months ended February 2, 2019, the Company recorded additional charges due to the Tax Reform of $25.8 million. Refer to Note 12 for further detail.

Segment Information

12 Months Ended

Feb. 01, 2020

Segment Reporting [Abstract]

Segment Information

The Company’s reportable business segments and respective accounting policies of the segments are the same as those described in Note 1. Management evaluates segment performance based primarily on revenues and earnings (loss) from operations before corporate performance-based compensation costs, asset impairment charges, net gains (losses) from lease terminations, restructuring charges and certain non-recurring credits (charges), if any. Corporate overhead, asset impairment charges, net gains (losses) from lease terminations, interest income, interest expense and other income (expense) are evaluated on a consolidated basis and not allocated to the Company’s business segments. The Company does not evaluate performance or allocate resources based on segment asset data, and therefore total segment assets are not presented.

Segment information is summarized as follows (in thousands):



	Year Ended			Year Ended			Year Ended
	Feb 1, 2020¹			Feb 2, 2019¹			Feb 3, 2018¹
Net revenue:
Americas Retail	$	811,547		$	824,674		$	833,077
Americas Wholesale	186,389			170,812			150,366
Europe	1,248,114			1,142,768			998,657
Asia	346,212			388,246			308,899
Licensing	85,847			83,194			72,755
Total net revenue	$	2,678,109		$	2,609,694		$	2,363,754
Earnings (loss) from operations:
Americas Retail	$	22,279		$	27,532		$	(11,096	)
Americas Wholesale	35,674			29,935			25,845
Europe	134,078			58,298			94,545
Asia	(8,894		)	12,365			14,809
Licensing	74,459			72,986			63,538
Total segment earnings from operations	257,596			201,116			187,641
Corporate overhead	(106,948		)	(96,805		)	(100,434		)
European Commission fine²	—			(45,637		)	—
Asset impairment charges³	(9,977		)	(6,939		)	(8,479		)
Net gains (losses) on lease terminations⁴	—			477			(11,373		)
Total earnings from operations	$	140,671		$	52,212		$	67,355
Capital expenditures:
Americas Retail	$	19,411		$	19,614		$	16,899
Americas Wholesale	980			376			1,303
Europe	33,036			56,792			46,419
Asia	6,782			23,458			12,111
Corporate overhead	1,659			7,877			7,923
Total capital expenditures	$	61,868		$	108,117		$	84,655

______________________________________________________________________


¹	The Company operates on a 52/53-week fiscal year calendar, which ends on the Saturday nearest to January 31 of each year. The results for fiscal 2018 included the impact of an additional week which occurred during the fourth quarter ended February 3, 2018.


²	During fiscal 2019, the Company recognized a charge of €39.8 million ($45.6 million) for a fine imposed by the European Commission related to alleged violations of European Union competition rules by the Company. The Company paid the full amount of the fine during the first quarter of fiscal 2020.

During each of the years presented, the Company recognized asset impairment charges related primarily to impairment of certain retail locations resulting from under-performance and expected store closures. During fiscal 2020, asset impairment charges also included impairment charges related to goodwill associated with the Company’s China retail reporting unit and impairment charges related to certain operating lease right-of-use assets. Refer to Note 5, Note 6 and Note 9 for further information.

⁴

During fiscal 2019, the Company recorded net gain on lease terminations related primarily to the early termination of certain lease agreements in North America. During fiscal 2018, the Company incurred net losses on lease terminations related primarily to the modification of certain lease agreements held with a common landlord in North America. Refer to Note 1 for more information regarding the net gains (losses) on lease terminations.

The table below presents information regarding geographic areas in which the Company operated. Net revenue is classified primarily based on the country where the Company’s customer is located (in thousands):



	Year Ended		Year Ended		Year Ended
	Feb 1, 2020		Feb 2, 2019		Feb 3, 2018
Net product sales:
U.S.	$	725,938	$	722,794	$	709,155
Italy	298,124		304,435		289,981
Canada	180,947		187,367		200,364
Spain	152,782		145,819		124,569
South Korea	144,955		162,943		163,382
France	129,505		135,060		125,508
Other foreign countries	960,011		868,082		678,040
Total product sales	2,592,262		2,526,500		2,290,999
Net royalties	85,847		83,194		72,755
Net revenue	$	2,678,109	$	2,609,694	$	2,363,754

The Company’s long-lived assets by geographic location are as follows:



	Feb 1, 2020¹		Feb 2, 2019
Long-lived assets:
U.S.	$	352,203	$	111,022
Italy	103,594		30,038
Canada	43,258		13,225
Spain	124,810		31,109
South Korea	8,597		9,437
France	40,869		18,182
Other foreign countries	509,368		173,436
Total long-lived assets	$	1,182,699	$	386,449

______________________________________________________________________

During the first quarter of fiscal 2020, the Company adopted a comprehensive new lease standard which superseded previous lease guidance. The standard requires a lessee to recognize an asset related to the right to use the underlying asset and a liability that approximates the present value of the lease payments over the term of contracts that qualify as leases under the new guidance. As of February 1, 2020, the Company included operating right-of-use assets of $852.0 million in the disclosure of long-lived assets by geographic region. Refer to Note 2 and Note 9 for more information.

Earnings (Loss) Per Share

12 Months Ended

Feb. 01, 2020

Earnings Per Share [Abstract]

Earnings (Loss) Per Share

The computation of basic and diluted net earnings (loss) per common share attributable to common stockholders is as follows (in thousands, except per share data):



	Year Ended		Year Ended		Year Ended
	Feb 1, 2020		Feb 2, 2019		Feb 3, 2018
Net earnings (loss) attributable to Guess?, Inc.	$	95,975	$	14,099	$	(7,894	)
Less net earnings attributable to nonvested restricted stockholders	850		756		764
Net earnings (loss) attributable to common stockholders	$	95,125	$	13,343	$	(8,658	)

Weighted average common shares used in basic computations	70,461		80,146		82,189
Effect of dilutive securities:
Stock options and restricted stock units¹	1,208		1,443		—
Weighted average common shares used in diluted computations	71,669		81,589		82,189
Net earnings (loss) per common share attributable to common stockholders:
Basic	$	1.35	$	0.17	$	(0.11	)
Diluted	$	1.33	$	0.16	$	(0.11	)

______________________________________________________________________


¹	For fiscal 2018, there were 652,494 potentially dilutive shares that were not included in the computation of diluted weighted average common shares and common equivalent shares outstanding because their effect would have been antidilutive given the Company’s net loss.

For fiscal 2020, fiscal 2019 and fiscal 2018, equity awards granted for 2,911,685, 1,526,717 and 2,925,549, respectively, of the Company’s common shares were outstanding but were excluded from the computation of diluted weighted average common shares and common equivalent shares outstanding because the assumed proceeds, as calculated under the treasury stock method, resulted in these awards being antidilutive. The Company excluded 240,143, 928,026 and 899,345 nonvested stock units which were subject to the achievement of performance-based or market-based vesting conditions from the computation of diluted weighted average common shares and common equivalent shares outstanding because these conditions were not achieved as of February 1, 2020, February 2, 2019, and February 3, 2018, respectively.

The conversion spread on the Company’s convertible senior notes will have a dilutive impact on diluted earnings per share when the average market price of the Company’s common stock for a given period exceeds the conversion price of $25.78 per share of common stock. For the fiscal 2020, the convertible senior notes have been excluded from the computation of diluted earnings per share as the effect would be antidilutive since the conversion price of the convertible senior notes exceeded the average market price of the Company’s common stock. Warrants to purchase 11.6 million shares of the Company’s common shares at $46.88 per share were outstanding as of February 1, 2020 but were excluded from the computation of diluted earnings per share since the warrants’ strike price was greater than the average market price of the Company’s common stock during the period. See Note 10 for more information regarding the Company’s convertible senior notes.

Share-Based Compensation

12 Months Ended

Feb. 01, 2020

Share-based Payment Arrangement [Abstract]

Share-Based Compensation

Share-Based Compensation Plans

The Company has four share-based compensation plans. The Guess?, Inc. 2004 Equity Incentive Plan (the “Plan”) provides that the Board of Directors may grant stock options and other equity awards to officers, key employees and certain consultants and advisors to the Company or any of its subsidiaries. Effective May 19, 2017, the Plan was amended to increase the authorized issuance of shares from 15,000,000 shares of common stock to 29,100,000 shares of common stock. In addition, the amendment provided that awards granted on or after May 1, 2017 (other than stock options or stock appreciation rights) would be counted against the number of shares available to be issued under the

Plan as 3.54 shares for every one share actually issued. The amendment also extended the term through May 19, 2027 and extended the Company’s ability to grant certain performance-based awards under the Plan through the first annual meeting of the Company’s shareholders in calendar 2022. As of February 1, 2020 and February 2, 2019, there were 12,595,751 and 13,622,590 shares available for grant under the Plan, respectively. Stock options granted under the Plan have ten-year terms and typically vest and become fully exercisable in increments of one-fourth of the shares granted on each anniversary from the date of grant. Stock awards/units granted under the Plan typically vest in increments of one-fourth of the shares granted on each anniversary from the date of grant. The three most recent annual grants for stock options and other equity awards had initial vesting periods of nine months followed by three annual vesting periods.

The Guess?, Inc. Employee Stock Purchase Plan (“ESPP”) allows qualified employees to participate in the purchase of designated shares of the Company’s common stock at a price equal to 85% of the lower of the closing price at the beginning or end of each quarterly stock purchase period.

The Guess?, Inc. 2006 Non-Employee Directors’ Stock Grant and Stock Option Plan (the “Director Plan”) provides for the grant of equity awards to non-employee directors. Effective May 20, 2016, the Director Plan was amended to extend the term through June 30, 2026, reduce the authorized issuance of shares from 2,000,000 shares of common stock to 1,850,000 shares of common stock and allow more flexibility to structure compensation arrangements for the Company’s non-employee directors. All other remaining provisions under the Director Plan remained in full force and effect. As of February 1, 2020 and February 2, 2019, there were 357,404 and 423,873 shares available for grant under this plan, respectively.

In addition, the Guess?, Inc. 1996 Equity Incentive Plan, under which equity grants have not been permitted since the approval of the Plan in 2004, continues to govern outstanding awards previously made thereunder.

Performance-Based Awards

The Company has granted certain nonvested units that require certain minimum performance targets to be achieved in order for these awards to vest. Vesting is also subject to continued service requirements through the vesting date. If the minimum performance targets are not forecasted to be achieved, no expense is recognized during the period.

The Company has granted certain nonvested stock units subject to performance-based vesting conditions to select executive officers. Each award of nonvested stock units generally has an initial vesting period from the date of the grant through either (i) the end of the first fiscal year or (ii) the first anniversary of the date of grant, followed by annual vesting periods which may range from two-to-three years. The nonvested stock units are subject to the achievement of certain performance-based vesting conditions.

The Company has also granted a target number of nonvested stock units to select key management, including certain executive officers. The number of shares that may ultimately vest with respect to each award may range from 0% up to 200% of the target number of shares, subject to the achievement of certain performance-based vesting conditions. Any shares that are ultimately issued are scheduled to vest at the end of the third fiscal year following the grant date.

Market-Based Awards

The Company has granted certain nonvested stock units which are subject to market-based performance targets in order for these units to vest. Vesting is also subject to continued service requirements through the vesting date. The grant date fair value for such nonvested stock units was estimated using a Monte Carlo simulation that incorporates option-pricing inputs covering the period from the grant date through the end of the performance period. Compensation expense for such nonvested stock units is recognized on a straight-line basis over the vesting period, regardless of whether the market condition is satisfied.

The Company has granted certain nonvested stock units subject to market-based vesting conditions to select executive officers. The number of shares that may ultimately vest will equal 0% to 150% of the target number of shares, subject to the performance of the Company’s total stockholder return (“TSR”) relative to the TSR of a select group of peer companies over a three-year period.

Contingently Returnable Restricted Stock Awards

In connection with a new employment agreement entered into between the Company and Mr. Alberini (the “Alberini Employment Agreement”), who became the Company’s Chief Executive Officer on February 20, 2019, the Company granted 150,000 restricted stock units that vested immediately but were considered contingently returnable as a result of a one-year implied service condition set forth in the Alberini Employment Agreement. This service condition was not yet met as of February 1, 2020.

Compensation expense for these types of restricted stock units are recognized on a straight-line basis over the implied service period.

Other Special Grants

On February 20, 2019, the Company also granted 600,000 stock options and 250,000 nonvested stock units which were subject to the achievement of certain performance-based vesting conditions to Mr. Alberini in connection with the Alberini Employment Agreement.

Share-Based Compensation Expense

Compensation expense for nonvested stock options and stock awards/units that are not subject to performance-based vesting conditions is recognized on a straight-line basis over the vesting period. Compensation expense for performance-based awards that vest in increments is recognized based on an accelerated attribution method. During fiscal 2018, the Company adopted authoritative guidance which eliminated the requirement to estimate forfeitures, but rather provides for an election that would allow entities to account for forfeitures as they occur. The Company adopted this election using the modified retrospective method and recorded a cumulative adjustment to reduce retained earnings by approximately $0.3 million as of the beginning of the period of adoption.

The following table summarizes the share-based compensation expense recognized under all of the Company’s stock plans during fiscal 2020, fiscal 2019 and fiscal 2018 (in thousands):



	Year Ended		Year Ended		Year Ended
	Feb 1, 2020		Feb 2, 2019		Feb 3, 2018
Stock options	$	2,811	$	2,563	$	2,345
Stock awards/units	21,250		17,187		16,347
ESPP	229		223		160
Total share-based compensation expense	$	24,290	$	19,973	$	18,852

Stock options

The following table summarizes the stock option activity under all of the Company’s stock plans during fiscal 2020:



	Number of Shares		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (Years)	Aggregate Intrinsic Value ($000’s)
Options outstanding at February 2, 2019	3,580,909		$	20.71
Granted	1,812,800		$	17.02
Exercised	(455,781	)	$	14.57
Forfeited	(1,145,066	)	$	18.82
Expired	(248,775	)	$	23.19
Options outstanding at February 1, 2020	3,544,087		$	20.10	7.02	$	13,102

Exercisable at February 1, 2020	1,537,712		$	24.34	4.53	$	4,152

The fair value of each stock option was estimated on the grant date using the Black-Scholes option-pricing model with the following weighted average assumptions used for grants during fiscal 2020, fiscal 2019 and fiscal 2018:



	Year Ended		Year Ended		Year Ended
Valuation Assumptions	Feb 1, 2020		Feb 2, 2019		Feb 3, 2018
Risk-free interest rate	2.3	%	2.3	%	1.5	%
Expected stock price volatility	48.9	%	46.1	%	37.1	%
Expected dividend yield	3.4	%	4.3	%	8.0	%
Expected life of stock options	4.4 years		4.4 years		4.4 years

The risk-free interest rate is based on the U.S. Treasury yield curve in effect for the expected term of the option at the time of grant. The expected stock price volatility is determined based on an average of both historical volatility and implied volatility. Implied volatility is derived from exchange traded options on the Company’s common stock. The expected dividend yield is based on the Company’s history and expectations of dividend payouts. The expected life is determined based on historical trends.

The weighted average grant date fair value of options granted was $5.50, $5.89 and $1.57 during fiscal 2020, fiscal 2019 and fiscal 2018, respectively. The total intrinsic value of stock options exercised was $2.9 million, $3.4 million and $0.7 million during fiscal 2020, fiscal 2019 and fiscal 2018, respectively. The intrinsic value of stock options is defined as the difference between the Company’s stock price on the exercise date and the grant date exercise price. The total cash received from option exercises was $6.6 million, $8.9 million and $1.4 million during fiscal 2020, fiscal 2019 and fiscal 2018, respectively.

The compensation expense included in SG&A expense recognized was $2.8 million before the recognized income tax benefit of $0.7 million during fiscal 2020. As of February 1, 2020, there was approximately $8.6 million of unrecognized compensation cost related to nonvested stock options. This cost is expected to be recognized over a weighted average period of 2.0 years. The excess tax windfall included in cash flows from operating activities related to stock option activity was minimal for fiscal 2020.

Stock awards/units

The following table summarizes the nonvested stock awards/units activity under all of the Company’s stock plans during fiscal 2020:



	Number of Awards/Units		Weighted Average Grant Date Fair Value
Nonvested at February 2, 2019	2,632,169		$	16.04
Granted	1,073,555		$	19.14
Vested	(960,846	)	$	17.27
Forfeited	(647,625	)	$	17.27
Nonvested at February 1, 2020	2,097,253		$	16.68

The following table summarizes the activity for nonvested performance-based units and nonvested market-based units included in the table above during fiscal 2020:



	Performance-Based Units				Market-Based Units
	Number of Units		Weighted Average Grant Date Fair Value		Number of Units		Weighted Average Grant Date Fair Value
Nonvested at February 2, 2019	1,371,230		$	16.44	518,409		$	14.28
Granted¹	455,339		$	18.33	17,557		$	15.20
Vested¹	(222,308	)	$	17.53	(158,014	)	$	15.20
Forfeited	(464,238	)	$	17.24	(89,750	)	$	15.58
Nonvested at February 1, 2020	1,140,023		$	16.66	288,202		$	13.43

______________________________________________________________________


¹	As a result of the achievement of certain market-based vesting conditions, there were 17,557 shares that vested in addition to the original target number of shares granted in fiscal 2017.

The fair value of each market-based nonvested stock unit was estimated on the grant date using the Monte Carlo simulation. There were no new market-based nonvested stock units granted during fiscal 2020. The following assumptions were used for the grants during fiscal 2019 and fiscal 2018:



	Year Ended		Year Ended
Valuation Assumptions	Feb 2, 2019		Feb 3, 2018
Risk-free interest rate	2.6	%	1.4	%
Expected stock price volatility	42.1	%	39.7	%
Expected dividend yield	—	%	—	%
Expected life of market-based awards	2.6 years		2.8 years

The weighted average grant date fair value for the total nonvested stock awards/units granted was $19.14, $20.81 and $11.41 during fiscal 2020, fiscal 2019 and fiscal 2018, respectively. The total fair value at grant date of previously nonvested stock awards/units that were vested during fiscal 2020, fiscal 2019 and fiscal 2018 was $16.6 million, $10.9 million and $18.4 million, respectively. During fiscal 2020, fiscal 2019 and fiscal 2018, the total intrinsic value of nonvested stock awards/units that vested was $16.8 million, $14.6 million and $12.6 million, respectively. The total intrinsic value of nonvested stock awards/units outstanding and unvested as of February 1, 2020 was $44.6 million.

The compensation expense included in SG&A expense recognized during fiscal 2020 was $21.3 million before the recognized income tax benefit of $5.0 million. As of February 1, 2020, there was approximately $17.8 million of total unrecognized compensation cost related to nonvested stock awards/units. This cost is expected to be recognized over a weighted average period of 1.6 years. The excess tax shortfall of $1.1 million related to stock award/unit activity was included in cash flows from operating activities for fiscal 2020.

ESPP

The Company’s ESPP allows qualified employees (as defined) to participate in the purchase of designated shares of the Company’s common stock at a price equal to 85% of the lower of the closing price at the beginning or end of each quarterly stock purchase period. The ESPP requires participants to hold any shares purchased under the ESPP for a minimum period of six months after purchase. In addition, all Company employees are subject to the terms of the Company’s securities trading policy which generally prohibits the purchase or sale of any Company securities during the two weeks before the end of each fiscal quarter through two days after the public announcement by the Company of its earnings for that period. The Company has 4,000,000 shares of common stock registered under the ESPP. The Company’s ESPP will remain in effect through March 11, 2022.

During fiscal 2020, fiscal 2019 and fiscal 2018, 53,424 shares, 43,737 shares and 54,300 shares of the Company’s common stock were issued pursuant to the ESPP at an average price of $14.65, $16.88 and $10.45 per share, respectively.

The fair value of stock compensation expense associated with the Company’s ESPP was estimated on the date of grant using the Black-Scholes option-pricing valuation model with the following weighted average assumptions used for grants during fiscal 2020, fiscal 2019 and fiscal 2018.



	Year Ended		Year Ended		Year Ended
Valuation Assumptions	Feb 1, 2020		Feb 2, 2019		Feb 3, 2018
Risk-free interest rate	2.0	%	2.0	%	1.0	%
Expected stock price volatility	51.7	%	59.1	%	45.8	%
Expected dividend yield	3.4	%	4.6	%	7.6	%
Expected life of ESPP options	3 months		3 months		3 months

The weighted average grant date fair value of ESPP options granted during fiscal 2020, fiscal 2019 and fiscal 2018 was $4.29, $5.17 and $2.85, respectively.

Fair Value Measurements

12 Months Ended

Feb. 01, 2020

Fair Value Disclosures [Abstract]

Fair Value Measurements

Authoritative guidance defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The guidance establishes a fair value hierarchy, which prioritizes the inputs used in measuring fair value into three broad levels as follows:


•	Level 1—Inputs are unadjusted quoted prices in active markets for identical assets or liabilities that can be accessed at the measurement date.

•

Level 2—Inputs include quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the asset or liability (i.e. interest rates, yield curves, etc.) and inputs that are derived principally from or corroborated by observable market data by correlation or other means (market corroborated inputs).


•	Level 3—Unobservable inputs that reflect assumptions about what market participants would use in pricing the asset or liability. These inputs would be based on the best information available, including the Company’s own data.

The following table presents the fair value hierarchy for those assets and liabilities measured at fair value on a recurring basis as of February 1, 2020 and February 2, 2019 (in thousands):



	Fair Value Measurements at Feb 1, 2020								Fair Value Measurements at Feb 2, 2019
Recurring Fair Value Measures	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
Assets:
Foreign exchange currency contracts	$	—	$	4,854	$	—	$	4,854	$	—	$	4,690	$	—	$	4,690
Interest rate swap	—		—		—		—		—		1,033		—		$	1,033
Total	$	—	$	4,854	$	—	$	4,854	$	—	$	5,723	$	—	$	5,723
Liabilities:
Foreign exchange currency contracts	$	—	$	—	$	—	$	—	$	—	$	77	$	—	$	77
Interest rate swap	—		348		—		348		—		—		—		—
Deferred compensation obligations	—		14,091		—		14,091		—		14,405		—		14,405
Total	$	—	$	14,439	$	—	$	14,439	$	—	$	14,482	$	—	$	14,482

There were no transfers of financial instruments between the three levels of fair value hierarchy during fiscal 2020 and fiscal 2019.

Foreign exchange currency contracts may be entered into by the Company to hedge the future payment of inventory and intercompany transactions by non-U.S. subsidiaries. Periodically, the Company may also use foreign exchange currency contracts to hedge the translation and economic exposures related to its net investments in certain of its international subsidiaries. The fair values of the Company’s foreign exchange currency contracts are based on quoted foreign exchange forward rates at the reporting date. The fair values of the interest rate swaps are based upon inputs corroborated by observable market data. Deferred compensation obligations to employees are adjusted based on changes in the fair value of the underlying employee-directed investments. Fair value of these obligations is based upon inputs corroborated by observable market data.

As of February 1, 2020 and February 2, 2019, the Company included €1.2 million ($1.3 million) and €1.2 million ($1.4 million), respectively, in other assets in the Company’s consolidated balance sheets related to its investment in a private equity fund. As permitted in accordance with authoritative guidance, the Company uses net asset value per share as a practical expedient to measure the fair value of this investment and has not included this investment in the fair value hierarchy as disclosed above. As a result of changes in the value of the private equity investment, the Company recorded unrealized losses of €0.1 million ($0.1 million) and €0.1 million ($0.2 million) in other income (expense) during the years ended February 1, 2020 and February 2, 2019, respectively. During fiscal 2019, the Company funded contributions of €0.9 million ($1.1 million) in this investment. As of February 1, 2020, the Company had an unfunded commitment to invest an additional €3.6 million ($4.0 million) in the private equity fund.

The fair values of the Company’s debt instruments (see Note 8) are based on the amount of future cash flows associated with each instrument discounted using the Company’s incremental borrowing rate. As of February 1, 2020 and February 2, 2019, the carrying value of all financial instruments was not materially different from fair value, as the interest rates on the Company’s debt approximated rates currently available to the Company. The fair value of the Company’s convertible senior notes (see Note 10) is determined based on inputs that are observable in the market and have been classified as Level 2 in the fair value hierarchy.

The carrying amount of the Company’s remaining financial instruments, which principally include cash and cash equivalents, trade receivables, accounts payable and accrued expenses, approximates fair value due to the relatively short maturity of such instruments.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Derivative Financial Instruments

12 Months Ended

Feb. 01, 2020

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivative Financial Instruments

Hedging Strategy

Foreign Exchange Currency Contracts

The Company operates in foreign countries, which exposes it to market risk associated with foreign currency exchange rate fluctuations. The Company has entered into certain forward contracts to hedge the risk of foreign currency rate fluctuations. The Company has elected to apply the hedge accounting rules in accordance with authoritative guidance for certain of these hedges.

The Company’s primary objective is to hedge the variability in forecasted cash flows due to the foreign currency risk. Various transactions that occur primarily in Europe, Canada, South Korea, China, Hong Kong, and Mexico are denominated in U.S. dollars, British pounds and Russian roubles and thus are exposed to earnings risk as a result of exchange rate fluctuations when converted to their functional currencies. These types of transactions include U.S. dollar-denominated purchases of merchandise and U.S. dollar- and British pound-denominated intercompany liabilities. In addition, certain operating expenses, tax liabilities and pension-related liabilities are denominated in Swiss francs and are exposed to earnings risk as a result of exchange rate fluctuations when converted to the functional currency. Further, there are certain real estate leases which are denominated in a currency other than the functional currency of the respective entity that entered into the agreement (primarily Swiss francs, Russian roubles and Polish zloty). As a result, the Company may be exposed to volatility related to unrealized gains or losses on the translation of present value of future lease payment obligations when translated at the exchange rate as of a reporting period-end. The Company enters into derivative financial instruments, including forward exchange currency contracts, to offset some but not all of the exchange risk on certain of these anticipated foreign currency transactions.

Periodically, the Company may also use foreign exchange currency contracts to hedge the translation and economic exposures related to its net investments in certain of its international subsidiaries.

Interest Rate Swap Agreements

The impact of the credit risk of the counterparties to the derivative contracts is considered in determining the fair value of the foreign exchange currency contracts and interest rate swap agreements. As of February 1, 2020, credit risk has not had a significant effect on the fair value of the Company’s foreign exchange currency contracts and interest rate swap agreements.

Hedge Accounting Policy

Foreign Exchange Currency Contracts

U.S. dollar forward contracts are used to hedge forecasted merchandise purchases over specific months. Changes in the fair value of these U.S. dollar forward contracts, designated as cash flow hedges, are recorded as a component of accumulated other comprehensive income (loss) within stockholders’ equity and are recognized in cost of product sales in the period which approximates the time the hedged merchandise inventory is sold. The Company may hedge forecasted intercompany royalties over specific months. Changes in the fair value of these U.S. dollar forward contracts, designated as cash flow hedges, are recorded as a component of accumulated other comprehensive income (loss) within stockholders’ equity and are recognized in other income (expense) in the period in which the royalty expense is incurred.

The Company has also used U.S. dollar forward contracts to hedge the net investments of certain of the Company’s international subsidiaries over specific months. Changes in the fair value of these U.S. dollar forward contracts, designated as net investment hedges, are recorded in foreign currency translation adjustment as a component of accumulated other comprehensive income (loss) within stockholders’ equity and are not recognized in earnings (loss) until the sale or liquidation of the hedged net investment.

The Company also has foreign exchange currency contracts that are not designated as hedging instruments for accounting purposes. Changes in fair value of foreign exchange currency contracts not designated as hedging instruments are reported in net earnings (loss) as part of other income (expense).

Interest Rate Swap Agreements

Interest rate swap agreements are used to hedge the variability of the cash flows in interest payments associated with the Company’s floating-rate debt. Changes in the fair value of interest rate swap agreements designated as cash flow hedges are recorded as a component of accumulated other comprehensive income (loss) within stockholders’ equity and are amortized to interest expense over the term of the related debt.

Periodically, the Company may also enter into interest rate swap agreements that are not designated as hedging instruments for accounting purposes. Changes in the fair value of interest rate swap agreements not designated as hedging instruments are reported in net earnings (loss) as part of other income (expense).

Summary of Derivative Instruments

The fair value of derivative instruments in the consolidated balance sheets as of February 1, 2020 and February 2, 2019 is as follows (in thousands):



	Derivative Balance Sheet Location	Fair Value at Feb 1, 2020		Fair Value at Feb 2, 2019
ASSETS:
Derivatives designated as hedging instruments:
Cash flow hedges:
Foreign exchange currency contracts	Other current assets/ Other assets	$	3,987	$	4,058
Interest rate swap	Other assets	—		1,033
Total derivatives designated as hedging instruments		3,987		5,091
Derivatives not designated as hedging instruments:
Foreign exchange currency contracts	Other current assets/ Other assets	867		632
Total		$	4,854	$	5,723
LIABILITIES:
Derivatives designated as hedging instruments:
Cash flow hedges:
Foreign exchange currency contracts	Accrued expenses	$	—	$	77
Interest rate swaps	Other long-term liabilities	348		—
Total		$	348	$	77

Derivatives Designated as Hedging Instruments

Foreign Exchange Currency Contracts Designated as Cash Flow Hedges

During fiscal 2020, the Company purchased U.S. dollar forward contracts in Europe totaling US$150.6 million that were designated as cash flow hedges. As of February 1, 2020, the Company had forward contracts outstanding for its European operations of US$148.6 million to hedge forecasted merchandise purchases, which are expected to mature over the next 17 months.

As of February 1, 2020, accumulated other comprehensive income (loss) related to foreign exchange currency contracts included a net unrealized gain of approximately $6.6 million, net of tax, of which $5.9 million will be recognized in cost of product sales over the following 12 months, at the then current values on a pre-tax basis, which can be different than the current year-end values.

At February 2, 2019, the Company had forward contracts outstanding for its European and Canadian operations of US$175.2 million and US$3.9 million, respectively, that were designated as cash flow hedges.

Interest Rate Swap Agreement Designated as Cash Flow Hedge

During fiscal 2017, the Company entered into an interest rate swap agreement with a notional amount of $21.5 million, designated as a cash flow hedge, to hedge the variability of cash flows in interest payments associated with the Company’s floating-rate debt. This interest rate swap agreement matures in January 2026 and converts the nature of the Company’s real estate secured term loan from LIBOR floating-rate debt to fixed-rate debt, resulting in a swap fixed rate of approximately 3.06%.

As of February 1, 2020, accumulated other comprehensive income (loss) related to the interest rate swap agreement included a net unrealized loss of approximately $0.3 million, net of tax, which will be recognized in interest expense after the following 12 months, at the then current values on a pre-tax basis, which can be different than the current year-end values.

The following table summarizes the gains (losses) before taxes recognized on the derivative instruments designated as cash flow hedges in OCI and net earnings (loss) for fiscal 2020, fiscal 2019 and fiscal 2018 (in thousands):



	Year Ended February 1, 2020
	Gain (Loss) Recognized in OCI¹			Location of Gain Reclassified from Accumulated OCI into Earnings¹	Gain Reclassified from Accumulated OCI into Earnings
Derivatives designated as cash flow hedges:
Foreign exchange currency contracts	$	10,557		Cost of product sales	$	7,776
Interest rate swap	(1,253		)	Interest expense	128



	Year Ended February 2, 2019
	Gain (Loss) Recognized in OCI¹			Location of Gain (Loss) Reclassified from Accumulated OCI into Earnings¹	Gain (Loss) Reclassified from Accumulated OCI into Earnings
Derivatives designated as cash flow hedges:
Foreign exchange currency contracts	$	12,973		Cost of product sales	$	(7,020	)
Foreign exchange currency contracts	2			Other income (expense)	(201		)
Interest rate swap	(324		)	Interest expense	103



	Year Ended February 3, 2018
	Gain (Loss) Recognized in OCI¹			Location of Gain (Loss) Reclassified from Accumulated OCI into Loss¹	Gain (Loss) Reclassified from Accumulated OCI into Loss
Derivatives designated as cash flow hedges:
Foreign exchange currency contracts	$	(22,497	)	Cost of product sales	$	14
Foreign exchange currency contracts	(1,163		)	Other income (expense)	(583		)
Interest rate swap	272			Interest expense	(87		)

______________________________________________________________________

During the first quarter of fiscal 2020, the Company adopted new authoritative guidance which eliminated the requirement to separately measure and report ineffectiveness for instruments that qualify for hedge accounting and generally requires that the entire change in the fair value of such instruments ultimately be presented in the same line as the respective hedge item. As a result, there is no interest component recognized for the ineffective portion of instruments that qualify for hedge accounting, but rather all changes in the fair value of such instruments are included in other comprehensive income (loss) during fiscal 2020. Upon adoption of this guidance, the Company reclassified $2.0 million in gains from retained earnings to accumulated other comprehensive loss related to the previously recorded interest component on outstanding instruments that qualified for hedge accounting. The Company recognized gains of $3.5 million and $2.7 million resulting from the ineffective portion related to foreign exchange currency contracts in interest income during fiscal 2019 and fiscal 2018, respectively. There was no ineffectiveness recognized related to the interest rate swap during fiscal 2020, fiscal 2019 or fiscal 2018.

The following table summarizes net after-tax derivative activity recorded in accumulated other comprehensive income (loss) (in thousands):



	Year Ended Feb 1, 2020			Year Ended Feb 2, 2019
Beginning balance gain (loss)	$	2,999		$	(14,369	)
Cumulative adjustment from adoption of new accounting guidance¹	1,981			—
Net gains from changes in cash flow hedges	8,316			10,962
Net (gains) losses reclassified to earnings	(6,996		)	6,406
Ending balance gain	$	6,300		$	2,999

______________________________________________________________________

During the first quarter of fiscal 2020, the Company adopted new authoritative guidance which eliminated the requirement to separately measure and report ineffectiveness for instruments that qualify for hedge accounting and generally requires that the entire change in the fair value of such instruments ultimately be presented in the same line as the respective hedge item. As a result, there is no interest component recognized for the ineffective portion of instruments that qualify for hedge accounting, but rather all changes in the fair value of such instruments are included in other comprehensive income (loss) during fiscal 2020. Upon adoption of this guidance, the Company reclassified $2.0 million in gains from retained earnings to accumulated other comprehensive loss related to the previously recorded interest component on outstanding instruments that qualified for hedge accounting.

Foreign Exchange Currency Contracts Not Designated as Hedging Instruments

As of February 1, 2020, the Company had euro foreign exchange currency contracts to purchase US$46.1 million expected to mature over the next 16 months.

The following table summarizes the gains (losses) before taxes recognized on the derivative instruments not designated as hedging instruments in other income (expense) for fiscal 2020, fiscal 2019 and fiscal 2018 (in thousands):



	Location of Gain (Loss) Recognized in Earnings (Loss)	Gain (Loss) Recognized in Earnings (Loss)
	Location of Gain (Loss) Recognized in Earnings (Loss)	Year Ended Feb 1, 2020		Year Ended Feb 2, 2019		Year Ended Feb 3, 2018
Derivatives not designated as hedging instruments:
Foreign exchange currency contracts	Other income (expense)	$	1,254	$	6,785	$	(10,511	)

At February 2, 2019, the Company had euro foreign exchange currency contracts to purchase US$8.2 million.

Share Repurchase Program	12 Months Ended
Share Repurchase Program	Feb. 01, 2020
Equity [Abstract]
Share Repurchase Program	Share Repurchase Program On June 26, 2012, the Company’s Board of Directors authorized a program to repurchase, from time-to-time and as market and business conditions warrant, up to $500 million of the Company’s common stock. Repurchases under the program may be made on the open market or in privately negotiated transactions, pursuant to Rule 10b5-1 trading plans or other available means. There is no minimum or maximum number of shares to be repurchased under the program, which may be discontinued at any time, without prior notice. During fiscal 2020, the Company repurchased 16,739,740 shares under the program at an aggregate cost of $288.0 million, which is inclusive of the shares repurchased under the accelerated share repurchase agreement (“ASR Contract”) as described below. During fiscal 2019, the Company repurchased 1,118,808 shares under the program at an aggregate cost of $17.6 million. During fiscal 2018, the Company repurchased 3,866,387 shares at an aggregate cost of $56.1 million, of which $6.0 million was settled in fiscal 2019. As of February 1, 2020, the Company had remaining authority under the program to purchase $86.7 million of its common stock. On April 26, 2019, pursuant to existing stock repurchase authorizations, the Company entered into an ASR Contract with JPMorgan Chase Bank, National Association (in such capacity, the “ASR Counterparty”), to repurchase an aggregate of $170 million of the Company’s common stock. Under the ASR Contract, the Company made an initial payment of $170 million to the ASR Counterparty and received an initial delivery of approximately 5.2 million shares of common stock, which represented approximately $102 million (or 60%) of the ASR Contract. The Company received a final delivery of an additional 5.4 million shares, or $68 million, under its ASR Contract on September 4, 2019. The final share amount was determined based on the daily volume-weighted average price since the effective date of the ASR Contract, less the applicable contractual discount. When combined with the 5.2 million upfront shares received at the inception of the ASR in April 2019, the Company repurchased approximately 10.6 million of its shares under the ASR at an average repurchase price of $16.09 per share. All shares were repurchased in accordance with the Company’s publicly announced ASR program, which is now complete. The shares delivered under the ASR Contract reduced the Company’s outstanding shares and its weighted average number of common shares outstanding for purposes of calculating basic and diluted earnings per share.

Subsequent Events	12 Months Ended
Subsequent Events	Feb. 01, 2020
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events Recent Developments The coronavirus (or “COVID-19”) pandemic is having a significant negative impact on the Company’s financial performance. The pandemic is ongoing and dynamic in nature and, to date, the Company has experienced temporary closures in key regions globally, along with other major retailers. For example, the Company announced the temporary closure of its retail stores in the United States and Canada as a result of the COVID-19 pandemic, following similar temporary closures of Guess-operated stores that are currently in place in a number of countries in Europe. In Asia, where store closures related to COVID-19 began, most of the Guess-operated stores have reopened, although to significantly lower traffic. The Company’s e-commerce sites currently remain open in all regions. In addition, retail stores and e-commerce sites that are open have and continue to experience significant reductions in traffic and therefore, revenue. We are unable to determine with any degree of accuracy the length and severity of the crisis and we do expect it will have a material impact on our consolidated financial position, consolidated results of operations, and consolidated cash flows in the first quarter of fiscal 2021. The extent and duration of the crisis remains uncertain and may impact consumer purchasing activity if disruptions continue throughout the year which could continue to impact us. Due to the developing situation, the results of the first quarter ending May 2, 2020 and the full fiscal year ending January 30, 2021 could be impacted in ways we are not able to predict today, including, but not limited to, non-cash write-downs and impairments; unrealized gains or losses related to investments; foreign currency fluctuations; and collections of accounts receivables. Between March 16 and March 19, 2020, as a precautionary measure to ensure financial flexibility and maintain maximum liquidity in response to the COVID-19 pandemic, the Company drew down approximately $212 million under certain of its credit facilities in the U.S., Canada and Europe (the “Drawdowns”). The Drawdowns included approximately $78 million under our existing Credit Facility in the U.S. and Canada and $134 million under a number of existing short-term borrowing agreements with various banks in Europe. Following the Drawdowns, the Company had remaining borrowing capacity of approximately $33 million under the Credit Facility and of approximately $24 million under our various existing borrowing agreements in Europe and Asia. As of March 19, 2020, the current weighted average interest rate for borrowings under the Credit Facility was approximately 3.65% and the current interest rates for borrowings under the European borrowing agreements ranged between 0.65% and 1.1%. The Company is in the process of negotiating an extension for the Credit Facility, which is currently scheduled to mature on June 22, 2020. The European and Asian facilities are generally scheduled to mature between July 2020 and January 2021. If there is a sustained decrease in consumer demand related to the COVID-19 pandemic, the Company may require access to additional credit. In March 2020, the Company also announced that, in light of uncertainty surrounding the COVID-19 pandemic, it had decided to postpone its decision related to the potential declaration of a quarterly cash dividend for the first quarter of fiscal 2021. The Company is also implementing a number of other measures to help mitigate the operating and financial impact of the pandemic, including: (i) furloughing all of its U.S. and Canada store associates and significant portions of its U.S. and Canada corporate and distribution center associates starting April 2, 2020; (ii) implementing temporary tiered salary reductions for management level corporate employees, including its executive officers; (iii) deferring annual merit increases; (iv) executing substantial reductions in expenses, store occupancy costs, capital expenditures and overall costs, including through reduced inventory purchases; and (v) working globally with country management teams to maximize the Company’s participation in all eligible government or other initiatives available to businesses or employees impacted by the COVID-19 pandemic.

SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS

12 Months Ended

Feb. 01, 2020

SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS

SCHEDULE II

GUESS?, INC. AND SUBSIDIARIES

VALUATION AND QUALIFYING ACCOUNTS

Years Ended February 1, 2020, February 2, 2019 and February 3, 2018

(in thousands)



	Balance at Beginning of Period		Costs Charged to Expenses		Deductions and Write-offs			Balance at End of Period
Description
As of February 1, 2020
Allowance for doubtful accounts	$	8,540	$	3,712	$	(3,821	)	$	8,431
Allowance for markdowns¹	12,121		36,979		(36,538		)	12,562
Allowance for sales returns¹	33,217		104,801		(104,840		)	33,178
Total	$	53,878	$	145,492	$	(145,199	)	$	54,171
As of February 2, 2019
Allowance for doubtful accounts	$	13,478	$	2,661	$	(7,599	)	$	8,540
Allowance for markdowns¹	10,777		56,697		(55,353		)	12,121
Allowance for sales returns¹	27,881		62,293		(56,957		)	33,217
Total	$	52,136	$	121,651	$	(119,909	)	$	53,878
As of February 3, 2018
Allowance for doubtful accounts	$	13,810	$	9,447	$	(9,779	)	$	13,478
Allowance for markdowns¹	2,944		42,485		(34,652		)	10,777
Allowance for sales returns¹	20,891		83,593		(76,603		)	27,881
Total	$	37,645	$	135,525	$	(121,034	)	$	52,136

______________________________________________________________________

During the first quarter of fiscal 2019, the Company adopted a new revenue recognition standard on a modified retrospective basis which changed the presentation of allowances for wholesale sales returns and wholesale markdowns to be classified within accrued expenses rather than as a reduction to accounts receivable. During fiscal 2018, these amounts were reported as reductions to accounts receivable. Retail sales returns are reported as accrued expenses.

Description of the Business and Summary of Significant Accounting Policies and Practices (Policies)

12 Months Ended

Feb. 01, 2020

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Reclassifications

The Company has made certain reclassifications to prior period amounts to conform to the current period presentation within the accompanying notes to the consolidated financial statements.

Fiscal Year

Principles of Consolidation

Use of Estimates

Business Segment Reporting

Revenue Recognition

Products Transferred at a Point in Time

Sales Return Allowances

Markdown Allowances

Gift Cards

Loyalty Programs

Intellectual Property Transferred Over Time

Refer to Note 18 for further information on disaggregation of revenue by segment and country.

Classification Of Certain Costs And Expenses

Classification of Certain Costs and Expenses

Advertising and Marketing Costs

The Company expenses the cost of advertising as incurred.

Share-Based Compensation

Foreign Currency

Foreign Currency Translation Adjustment

Foreign Currency Transaction Gains and Losses

Derivatives

Foreign Exchange Currency Contracts

Interest Rate Swap Agreements

interest rate swap agreements not designated as hedging instruments are reported in net earnings (loss) as part of other income (expense).

Income Taxes

Earnings (Loss) Per Share

Comprehensive Income (Loss)

Cash, Cash Equivalents and Restricted Cash

Investment Securities

Concentration of Credit, Sourcing and Liquidity Risk

Concentrations of Credit, Sourcing and Liquidity Risk

Inventories

the impact of market trends, an evaluation of economic conditions, available liquidation channels and the value of current orders relating to the future sales of this type of inventory.

Depreciation and Amortization

Depreciation and amortization of property and equipment are provided using the straight-line method over the following useful lives:



Building and building improvements	10 to 39 years
Furniture, fixtures and equipment	2 to 10 years

Defined Benefit Plans

Litigation Reserves

Convertible Senior Notes

In April 2019, the Company issued $300 million principal amount of 2.00% convertible senior notes due 2024 (the “Notes”) in a private offering.

New Accounting Guidance

Changes in Accounting Policies

In February 2016, the FASB issued a comprehensive new lease standard which superseded previous lease guidance. The standard requires a lessee to recognize an asset related to the right to use the underlying asset and a liability that approximates the present value of the lease payments over the term of contracts that qualify as leases under the new guidance. The standard also requires expanded disclosures surrounding leases. The Company adopted this guidance as of February 3, 2019 using the modified retrospective approach and recorded a cumulative adjustment to increase retained earnings by approximately $0.3 million, net of taxes, with no restatement of prior periods. In addition, the Company elected the package of practical expedients permitted under the transition guidance within the new standard, which among other things, allows the Company to carry forward historical lease classification. As of the adoption date, the Company recorded operating lease ROU assets and operating lease liabilities of approximately $1.0 billion. The standard did not materially impact the Company’s consolidated statements of income or cash flows. Refer to Note 9 for the Company’s expanded disclosures on leases.

In August 2017, the FASB issued authoritative guidance to better align the results of hedge accounting with an entity’s risk management activities. This guidance eliminated the requirement to separately measure and report ineffectiveness for instruments that qualify for hedge accounting and generally requires that the entire change in the fair value of such instruments ultimately be presented in the same line as the respective hedge item. As a result, there

is no interest component recognized for the ineffective portion of instruments that qualify for hedge accounting, but rather all changes in the fair value of such instruments are included in other comprehensive income (loss). The guidance also reduced the overall complexity of the hedge accounting model, including broadening the scope of risks eligible to qualify for hedge accounting, easing documentation and effectiveness assessment requirements, modifying the treatment of components excluded from the assessment of hedge effectiveness and updating disclosure requirements. In October 2018, the FASB clarified the new hedge accounting guidance by allowing the Secured Overnight Financing Rate (“SOFR”) to be eligible as a U.S. benchmark interest rate for purposes of applying hedge accounting. The Company adopted this guidance as of February 3, 2019. The adoption of this guidance resulted in a decrease in retained earnings and a decrease in accumulated other comprehensive loss of approximately $2.0 million. Approximately $1.5 million of this gain was recognized in cost of product sales during fiscal 2020, on a pre-tax basis.

In January 2017, the FASB issued authoritative guidance to simplify the testing for goodwill impairment by removing step two from the goodwill testing. Under prior guidance, if the fair value of a reporting unit was lower than its carrying amount (step one), an entity would have calculated an impairment charge by comparing the implied fair value of goodwill with its carrying amount (step two). The implied fair value of goodwill was calculated by deducting the fair value of the assets and liabilities of the respective reporting unit from the reporting unit’s fair value as determined under step one. This guidance instead provides that an impairment charge should be recognized based on the difference between a reporting unit’s fair value and its carrying value. This guidance also does not require a qualitative test to be performed on reporting units with zero or negative carrying amounts. However, entities need to disclose any reporting units with zero or negative carrying amounts that have goodwill and the amount of goodwill allocated to each. The Company early adopted this guidance during the fourth quarter of fiscal 2020. The adoption of this guidance did not have a material impact on the Company’s consolidated financial statements or related disclosures.

Recently Issued Accounting Guidance

In June 2016, the FASB issued authoritative guidance related to the measurement of credit losses on financial instruments. This guidance replaces the current “as incurred” loss model with an “expected loss” model which requires the recognition of an allowance for credit losses expected to be incurred over an asset’s lifetime. The measurement of expected credit losses is based on relevant information about past events, current conditions and reasonable and supportable forecasts impacting the collectibility of the reported amounts. This guidance is effective for fiscal years beginning after December 15, 2019, which will be the Company’s first quarter of fiscal 2021. The standard will require entities to record a cumulative-effect adjustment to the balance sheet as of the beginning of the first reporting period in which the guidance is effective. The Company does not expect that the adoption of this guidance will have a material impact on the Company’s consolidated financial statements other than requiring enhanced disclosures.

In August 2018, the FASB issued authoritative guidance to modify the disclosure requirements on fair value measurements. This guidance is effective for fiscal years beginning after December 15, 2019, which will be the Company’s first quarter of fiscal 2021 with early adoption permitted. The adoption of this guidance is not expected to have a material impact on the Company’s related disclosures.

In August 2018, the FASB issued authoritative guidance to modify the disclosure requirements for employers that sponsor defined benefit pension or other postretirement plans. This guidance is effective for fiscal years beginning after December 15, 2020, which will be the Company’s first quarter of fiscal 2022, with early adoption permitted. The Company is currently evaluating the impact of the adoption of this standard on its related disclosures.

In August 2018, the FASB issued authoritative guidance to align the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software (and hosting arrangements that include an internal-use software license). The guidance provides criteria for determining which implementation costs to capitalize as an asset related to the service contract and which costs to expense. The capitalized implementation costs are required to be expensed over the term of the hosting arrangement. The guidance also clarifies the presentation requirements for reporting such costs in the entity’s financial statements. This guidance is effective for fiscal years beginning after December 15, 2019, which will be the Company’s first quarter of fiscal 2021, with early adoption

permitted. The Company plans to adopt this guidance on a prospective basis and does not expect the adoption of this guidance to have a material impact on the Company’s consolidated financial statements other than requiring a different classification of certain implementation costs within the Company’s consolidated financial statements as well as enhanced disclosures.

In December 2019, the FASB issued authoritative guidance that simplifies the accounting for income taxes by eliminating certain exceptions to general principles related to intraperiod tax allocations, ownership changes in foreign investments and calculating income taxes in an interim period when year-to-date losses exceed total anticipated losses. The new guidance also simplifies the accounting for income taxes related to franchise taxes that are partially based on income, the step up in the tax basis of goodwill, allocation of current and deferred tax expense for certain legal entities and enacted changes in tax laws or rates during interim periods, among other improvements. This guidance is effective for fiscal years beginning after December 15, 2020, which will be the Company’s first quarter of fiscal 2022, with early adoption permitted. The Company is currently evaluating the impact of the adoption of this standard on its consolidated financial statements and related disclosures.

In March 2020, the FASB issued authoritative guidance to provide temporary optional expedients and exceptions related to contract modifications and hedge accounting to ease the financial reporting burdens of the expected market transition from LIBOR and other interbank offered rates to alternative reference rates, such as SOFR. This guidance may be adopted as of March 12, 2020 through December 31, 2022. This temporary relief cannot be applied to contract modifications after December 31, 2022. The Company is currently evaluating its election options and the impact on its consolidated financial statements and related disclosures.

Description of the Business and Summary of Significant Accounting Policies and Practices (Tables)

12 Months Ended

Feb. 01, 2020

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of useful lives of property and equipment

Depreciation and Amortization

Depreciation and amortization of property and equipment are provided using the straight-line method over the following useful lives:



Building and building improvements	10 to 39 years
Furniture, fixtures and equipment	2 to 10 years

Accounts Receivable (Tables)

12 Months Ended

Feb. 01, 2020

Receivables [Abstract]

Schedule of accounts receivable

Accounts receivable is summarized as follows (in thousands):



	Feb 1, 2020		Feb 2, 2019
Trade	$	309,508	$	314,651
Royalty	12,775		5,992
Other	13,429		9,892
	335,712		330,535
Less allowances	8,431		8,540
	$	327,281	$	321,995

Inventories (Tables)

12 Months Ended

Feb. 01, 2020

Inventory Disclosure [Abstract]

Schedule of inventories

Inventories consist of the following (in thousands):



	Feb 1, 2020		Feb 2, 2019
Raw materials	$	399	$	881
Work in progress	52		162
Finished goods	392,678		467,854
	$	393,129	$	468,897

Property and Equipment (Tables)

12 Months Ended

Feb. 01, 2020

Property, Plant and Equipment [Abstract]

Schedule of property and equipment

Property and equipment is summarized as follows (in thousands):



	Feb 1, 2020		Feb 2, 2019
Land, buildings and improvements	$	51,416	$	52,039
Leasehold improvements	388,733		387,802
Furniture, fixtures and equipment	428,121		410,518
Construction in progress	9,510		18,844
Assets under finance leases	21,599		19,069
	899,379		888,272
Less accumulated depreciation and amortization	611,267		572,714
	$	288,112	$	315,558

Schedule of impairments to property and equipment

Impairments to property and equipment are summarized as follows (in thousands):



	Feb 1, 2020		Feb 2, 2019
Aggregate carrying value of property and equipment impaired	$	8,456	$	7,111
Less property and equipment impairment charges	7,546		6,939
Aggregate remaining fair value of property and equipment impaired	$	910	$	172

Goodwill (Tables)

12 Months Ended

Feb. 01, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of goodwill activity by business segment

Goodwill activity is summarized by business segment as follows (in thousands):



	Americas Retail			Americas Wholesale			Europe			Asia			Total
Goodwill balance at February 3, 2018	$	1,765		$	9,972		$	25,125		$	1,619		$	38,481
Adjustments:
Acquisition	—			—			857			—			857
Translation adjustments	(34		)	(6		)	(2,120		)	(106		)	(2,266		)
Goodwill balance at February 2, 2019	1,731			9,966			23,862			1,513			37,072
Adjustments:
Impairment	—			—			—			(1,474		)	(1,474		)
Translation adjustments	(6		)	(1		)	(775		)	(39		)	(821		)
Goodwill balance at February 1, 2020	$	1,725		$	9,965		$	23,087		$	—		$	34,777

Accrued Expenses (Tables)

12 Months Ended

Feb. 01, 2020

Payables and Accruals [Abstract]

Summary of accrued expenses

Accrued expenses are summarized as follows (in thousands):



	Feb 1, 2020		Feb 2, 2019
Accrued compensation and benefits	$	65,821	$	64,543
Allowance for sales returns	33,178		33,217
Sales and use taxes, property taxes and other indirect taxes	32,185		32,777
Professional and legal fees	12,920		57,401
Allowance for markdowns	12,562		12,121
Deferred royalties and other revenue	8,008		8,260
Income taxes	6,842		4,362
Loyalty programs	5,783		5,728
Accrued rent	4,648		9,000
Gift cards	4,469		5,376
Construction costs	3,862		5,408
Accrued interest	2,449		349
Advertising	1,497		1,503
Other	9,872		12,347
	$	204,096	$	252,392

Lease Accounting (Tables)

12 Months Ended

Feb. 01, 2020

Leases [Abstract]

Assets and liabilities, lessee

As of February 1, 2020, the components of leases and lease costs are as follows (in thousands):



		Feb 1, 2020
Assets	Balance Sheet Location
Operating	Operating right-of-use assets	$	851,990
Finance	Property and equipment, net	15,972
Total lease assets		$	867,962

Liabilities	Balance Sheet Location
Current:
Operating	Current portion of operating lease liabilities	$	192,066
Finance	Current portion of borrowings and finance lease obligations	2,273
Noncurrent:
Operating	Long-term operating lease liabilities	714,079
Finance	Long-term debt and finance lease obligations	14,262
Total lease liabilities		$	922,680

Lease cost



		Year Ended Feb 1, 2020
	Income Statement Location
Operating lease costs¹	Cost of product sales	$	244,222
Operating lease costs¹	Selling, general and administrative expenses	24,565
Finance lease costs
Amortization of leased assets²	Cost of product sales	2,793
Amortization of leased assets²	Selling, general and administrative expenses	4,197
Interest on lease liabilities	Interest expense	1,035
Variable lease costs¹	Cost of product sales	93,534
Variable lease costs¹	Selling, general and administrative expenses	2,227
Short-term lease costs¹	Cost of product sales	344
Short-term lease costs¹	Selling, general and administrative expenses	3,543
Total lease costs		$	376,460

______________________________________________________________________

Amortization of leased assets related to finance leases are included in depreciation expense within cost of product sales or selling, general and administrative expenses depending on the nature of the asset in the Company’s consolidated statements of income (loss).

Operating lease liabilities maturity schedule

Maturities of the Company’s operating and finance lease liabilities as of February 1, 2020 are as follows (in thousands):



	Operating Leases
	Non-Related Parties		Related Parties		Finance Leases		Total
Maturity of Lease Liabilities:
2021	$	218,109	$	2,255	$	3,349	$	223,713
2022	197,857		257		3,653		201,767
2023	165,367		—		3,249		168,616
2024	137,637		—		3,092		140,729
2025	95,058		—		2,311		97,369
After 2025	186,781		—		4,922		191,703
Total lease payments	1,000,809		2,512		20,576		1,023,897
Less: Interest	97,132		44		4,041		101,217
Present value of lease liabilities	$	903,677	$	2,468	$	16,535	$	922,680

Finance lease liabilities maturity schedule

Maturities of the Company’s operating and finance lease liabilities as of February 1, 2020 are as follows (in thousands):



	Operating Leases
	Non-Related Parties		Related Parties		Finance Leases		Total
Maturity of Lease Liabilities:
2021	$	218,109	$	2,255	$	3,349	$	223,713
2022	197,857		257		3,653		201,767
2023	165,367		—		3,249		168,616
2024	137,637		—		3,092		140,729
2025	95,058		—		2,311		97,369
After 2025	186,781		—		4,922		191,703
Total lease payments	1,000,809		2,512		20,576		1,023,897
Less: Interest	97,132		44		4,041		101,217
Present value of lease liabilities	$	903,677	$	2,468	$	16,535	$	922,680

Other supplemental information

Other supplemental information as of February 1, 2020 is as follows (dollars in thousands):



	Feb 1, 2020
Lease Term and Discount Rate:
Weighted-average remaining lease term (years)
Operating leases	5.9 years
Finance leases	6.4 years
Weighted-average discount rate
Operating leases	3.5%
Finance leases	7.1%



	Year Ended Feb 1, 2020
Supplemental Cash Flow Information:
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	250,972
New operating ROU assets obtained in exchange for lease liabilities	127,232

Borrowings and Finance Lease Obligations (Tables)

12 Months Ended

Feb. 01, 2020

Debt Disclosure [Abstract]

Summary of borrowings and finance lease obligations

Borrowings and finance lease obligations are summarized as follows (in thousands):



	Feb 1, 2020		Feb 2, 2019
Mortgage debt, maturing monthly through January 2026	$	19,132	$	19,738
Finance lease obligations	16,535		16,702
Borrowings under credit facilities	3,957		—
Other	2,636		2,887
	42,260		39,327
Less current installments	9,490		4,315
Long-term debt and finance lease obligations	$	32,770	$	35,012

Summary of maturities of debt and finance lease obligations

Maturities of the Company’s debt and finance lease obligations as of February 1, 2020 are as follows (in thousands):



	Debt		Finance Lease		Total
Fiscal 2021	$	7,228	$	2,273	$	9,501
Fiscal 2022	659		2,754		3,413
Fiscal 2023	682		2,533		3,215
Fiscal 2024	705		2,532		3,237
Fiscal 2025	727		1,912		2,639
Thereafter	15,790		4,531		20,321
Total principal payments	25,791		16,535		42,326
Less unamortized debt issuance costs	66		—		66
Total debt and finance lease obligations	$	25,725	$	16,535	$	42,260

Convertible Senior Notes and Related Transactions (Tables)

12 Months Ended

Feb. 01, 2020

Debt Disclosure [Abstract]

Convertible Debt

The Notes consist of the following components as of February 1, 2020 (in thousands):



Liability component:
Principal	$	300,000
Unamortized debt discount	(49,017		)
Unamortized issuance costs	(3,620		)
Net carrying amount	$	247,363

Equity component, net¹	$	42,320

______________________________________________________________________

Included in paid-in capital within stockholders’ equity on the consolidated balance sheets and is net of debt issuance costs and deferred taxes.

Stockholders' Equity (Tables)

12 Months Ended

Feb. 01, 2020

Stockholders' Equity Note [Abstract]

Dividends declared

The following table sets forth the cash dividend declared per share for the years ended February 1, 2020,

February 2, 2019 and February 3, 2018:



	Year Ended		Year Ended		Year Ended
	Feb 1, 2020		Feb 2, 2019		Feb 3, 2018
Cash dividend declared per share	$	0.5625	$	0.9000	$	0.9000

Schedule of changes in accumulated other comprehensive income (loss), net of related income taxes

The changes in accumulated other comprehensive income (loss), net of related income taxes, for fiscal 2020, fiscal 2019 and fiscal 2018 are as follows (in thousands):



	Foreign Currency Translation Adjustment			Derivative Financial Instruments Designated as Cash Flow Hedges			Defined Benefit Plans			Total
Balance at January 28, 2017	$	(158,227	)	$	5,400		$	(8,562	)	$	(161,389	)
Gains (losses) arising during the period	91,178			(20,408		)	(1,999		)	68,771
Reclassification to net loss for losses realized	—			414			352			766
Net other comprehensive income (loss)	91,178			(19,994		)	(1,647		)	69,537
Cumulative adjustment reclassified to retained earnings from adoption of new accounting guidance¹	—			225			(1,435		)	(1,210		)
Balance at February 3, 2018	$	(67,049	)	$	(14,369	)	$	(11,644	)	$	(93,062	)
Gains (losses) arising during the period	(52,497		)	10,962			1,516			(40,019		)
Reclassification to net earnings for losses realized	—			6,406			496			6,902
Net other comprehensive income (loss)	(52,497		)	17,368			2,012			(33,117		)
Balance at February 2, 2019	$	(119,546	)	$	2,999		$	(9,632	)	$	(126,179	)
Gains (losses) arising during the period	(17,743		)	8,316			342			(9,085		)
Reclassification to net earnings for (gains) losses realized	—			(6,996		)	369			(6,627		)
Net other comprehensive income (loss)	(17,743		)	1,320			711			(15,712		)
Cumulative adjustment reclassified from retained earnings due to adoption of new accounting guidance ²	—			1,981			—			1,981
Balance at February 1, 2020	$	(137,289	)	$	6,300		$	(8,921	)	$	(139,910	)

______________________________________________________________________

Reclassifications out of accumulated other comprehensive income (loss) to net earnings (loss)

Details on reclassifications out of accumulated other comprehensive income (loss) to net earnings (loss) during fiscal 2020, fiscal 2019 and fiscal 2018 are as follows (in thousands):



										Location of (Gain) Loss Reclassified from Accumulated OCI into Earnings (Loss)
	Year Ended Feb 1, 2020			Year Ended Feb 2, 2019			Year Ended Feb 3, 2018
Derivative financial instruments designated as cash flow hedges:
Foreign exchange currency contracts	$	(7,776	)	$	7,020		$	(14	)	Cost of product sales
Foreign exchange currency contracts	—			201			583			Other income (expense)
Interest rate swap	(128		)	(103		)	87			Interest expense
Less income tax effect	908			(712		)	(242		)	Income tax expense
	(6,996		)	6,406			414
Defined benefit plans:
Net actuarial loss amortization	446			600			462			Other income (expense)¹
Prior service credit amortization	(39		)	(28		)	(27		)	Other income (expense)¹
Less income tax effect	(38		)	(76		)	(83		)	Income tax expense
	369			496			352
Total reclassifications to net earnings (loss) for (gains) losses realized during the period	$	(6,627	)	$	6,902		$	766

______________________________________________________________________

Income Taxes (Tables)

12 Months Ended

Feb. 01, 2020

Income Tax Disclosure [Abstract]

Schedule of income tax expense (benefit)

Income tax expense (benefit) is summarized as follows (in thousands):



	Year Ended			Year Ended		Year Ended
	Feb 1, 2020			Feb 2, 2019		Feb 3, 2018
Federal:
Current	$	9,270		$	16,495	$	34,181
Deferred	2,263			4,543		21,595
State:
Current	1,622			1,408		1,903
Deferred	1,699			1,532		217
Foreign:
Current	17,166			3,385		7,333
Deferred	(9,507		)	2,179		8,943
Total	$	22,513		$	29,542	$	74,172

Schedule of effective income tax rate reconciliation

Actual income tax expense differs from expected income tax expense obtained by applying the statutory federal income tax rate to earnings before income taxes as follows:



	Year Ended		Year Ended		Year Ended
	Feb 1, 2020		Feb 2, 2019		Feb 3, 2018
Computed “expected” tax rate	21.0	%	21.0	%	33.7	%
State taxes, net of federal benefit	3.0	%	1.1	%	2.4	%
Non-U.S. tax expense higher (lower) than federal statutory tax rate¹	0.0	%	24.2	%	(10.5	%)
Tax Reform - repatriation tax adjustment^2,3	—	%	(41.8	%)	32.8	%
Tax Reform - deferred tax adjustment	—	%	—	%	35.4	%
Swiss tax reform⁴	(6.5	%)	—	%	—	%
Valuation reserve	(0.2	%)	0.5	%	12.9	%
Unrecognized tax liabilities (benefits)³	(6.2	%)	51.3	%	0.8	%
Share-based compensation	0.9	%	0.2	%	1.5	%
Net tax settlements	9.1	%	—	%	—	%
Prior year tax adjustments	(1.8	%)	0.3	%	0.7	%
Non-deductible permanent differences	0.6	%	16.5	%	(4.1	%)
Foreign derived intangible income	(3.4	%)	(10.2	%)	—	%
Other	1.7	%	0.1	%	—	%
Effective tax rate	18.2	%	63.2	%	105.6	%

______________________________________________________________________

⁴

During fiscal 2020, the Company recognized additional tax benefits resulting from the enactment of the Swiss tax reform. The additional tax benefits related primarily to the recognition of a deferred tax asset associated with the estimated value of a tax basis step-up of the Company’s Switzerland subsidiary’s assets.

Schedule of total income tax expense (benefit) allocation

Total income tax expense (benefit) is allocated as follows (in thousands):



	Year Ended			Year Ended		Year Ended
	Feb 1, 2020			Feb 2, 2019		Feb 3, 2018
Operations	$	22,513		29,542		$	74,172
Stockholders’ equity¹	(1,142		)	3,006		(3,173		)
Total income tax expense	$	21,371		$	32,548	$	70,999

______________________________________________________________________

Schedule of tax effects of components of other comprehensive income (loss)

The tax effects of the components of other comprehensive income (loss) are allocated as follows (in thousands):



	Year Ended		Year Ended		Year Ended
	Feb 1, 2020		Feb 2, 2019		Feb 3, 2018
Derivative financial instruments designated as cash flow hedges	$	80	$	2,402	$	(2,738	)
Defined benefit plans	68		604		(435		)
Total income tax expense (benefit)¹	$	148	$	3,006	$	(3,173	)

______________________________________________________________________

Schedule of total earnings before income tax expense and noncontrolling interest

Total earnings before income tax expense and noncontrolling interests are comprised of the following (in thousands):



	Year Ended		Year Ended			Year Ended
	Feb 1, 2020		Feb 2, 2019			Feb 3, 2018
Domestic operations	$	91,008	$	97,885		$	39,112
Foreign operations	32,734		(51,177		)	31,159
Earnings before income tax expense and noncontrolling interests	$	123,742	$	46,708		$	70,271

Schedule of tax effects of temporary differences



	Feb 1, 2020			Feb 2, 2019
Deferred tax assets:
Operating lease liabilities	$	187,981		$	—
Net operating losses	24,156			23,212
Defined benefit plans	12,539			12,883
Convertible senior notes hedge transactions	12,284			—
Deferred compensation	9,282			9,823
Goodwill amortization	7,301			—
Deferred income	5,568			4,373
Inventory valuation	3,378			1,339
Lease incentives	3,272			1,337
Account receivable reserve	2,043			2,009
Accrued bonus	1,993			2,208
Sales return and other reserves	1,981			1,933
Uniform capitalization	890			1,419
Rent expense	—			7,114
Excess of book over tax depreciation/amortization	—			6,638
Other	14,296			18,883
Total deferred tax assets	286,964			93,171
Deferred tax liabilities:
Operating right-of-use assets	(175,370		)	—
Convertible senior notes debt discount	(11,167		)	—
Goodwill amortization	—			(2,267		)
Other	(6,112		)	(870		)
Valuation allowance	(30,760		)	(32,810		)
Net deferred tax assets	$	63,555		$	57,224

Schedule of reconciliation of unrecognized tax benefit

A reconciliation of the beginning and ending amount of gross unrecognized tax benefit (excluding interest and penalties) is as follows (in thousands):



	Year Ended			Year Ended			Year Ended
	Feb 1, 2020			Feb 2, 2019			Feb 3, 2018
Beginning balance	$	38,751		$	16,771		$	12,983
Additions:
Tax positions related to the prior year	3,074			25,822			3,129
Tax positions related to the current year	264			267			222
Reductions:
Tax positions related to the prior year	(12,658		)	(2,934		)	(355		)
Tax positions related to the current year	—			(449		)	(303		)
Expiration of statutes of limitations	—			—			(206		)
Foreign currency translation	(248		)	(726		)	1,301
Ending balance	$	29,183		$	38,751		$	16,771

Defined Benefit Plans (Tables)

12 Months Ended

Feb. 01, 2020

Defined Benefit Plan [Abstract]

Schedule of net periodic defined benefit pension cost and other charges to comprehensive income (loss) and accumulated other comprehensive income (loss)



	Year Ended February 1, 2020
	SERP			Foreign Pension Plans			Total
Service cost	$	—		$	3,211		$	3,211
Interest cost	1,924			270			2,194
Expected return on plan assets	—			(310		)	(310		)
Net amortization of unrecognized prior service credit	—			(39		)	(39		)
Net amortization of actuarial losses	62			384			446
Net periodic defined benefit pension cost	$	1,986		$	3,516		$	5,502

Unrecognized prior service credit charged to comprehensive income (loss)	$	—		$	(39	)	$	(39	)
Unrecognized net actuarial loss charged to comprehensive income (loss)	62			384			446
Net actuarial gains (losses)	449			(43		)	406
Foreign currency and other adjustments	—			(34		)	(34		)
Related tax impact	(118		)	50			(68		)
Total periodic defined benefit pension cost and other charges to other comprehensive income (loss) and accumulated other comprehensive income (loss)	$	393		$	318		$	711



	Year Ended February 2, 2019
	SERP			Foreign Pension Plans			Total
Service cost	$	—		$	3,039		$	3,039
Interest cost	1,887			225			2,112
Expected return on plan assets	—			(303		)	(303		)
Net amortization of unrecognized prior service credit	—			(28		)	(28		)
Net amortization of actuarial losses	187			413			600
Net periodic defined benefit pension cost	$	2,074		$	3,346		$	5,420

Unrecognized prior service credit charged to comprehensive income (loss)	$	—		$	(28	)	$	(28	)
Unrecognized net actuarial loss charged to comprehensive income (loss)	187			413			600
Net actuarial gains (losses)	2,787			(1,054		)	1,733
Foreign currency and other adjustments	—			311			311
Related tax impact	(686		)	82			(604		)
Total periodic defined benefit pension cost and other charges to other comprehensive income (loss) and accumulated other comprehensive income (loss)	$	2,288		$	(276	)	$	2,012



	Year Ended February 3, 2018
	SERP			Foreign Pension Plans			Total
Service cost	$	—		$	2,500		$	2,500
Interest cost	1,844			147			1,991
Expected return on plan assets	—			(244		)	(244		)
Net amortization of unrecognized prior service credit	—			(27		)	(27		)
Net amortization of actuarial losses	151			311			462
Net periodic defined benefit pension cost	$	1,995		$	2,687		$	4,682

Unrecognized prior service credit charged to comprehensive income (loss)	$	—		$	(27	)	$	(27	)
Unrecognized net actuarial loss charged to comprehensive income (loss)	151			311			462
Net actuarial losses	(1,092		)	(1,156		)	(2,248		)
Foreign currency and other adjustments	—			(269		)	(269		)
Related tax impact	360			75			435
Total periodic defined benefit pension cost and other charges to other comprehensive income (loss) and accumulated other comprehensive income (loss)	(581		)	(1,066		)	(1,647		)
Cumulative adjustment reclassified to retained earnings from adoption of new accounting guidance ¹	(1,435		)	—			(1,435		)
Total periodic defined benefit pension cost and other charges to accumulated other comprehensive income (loss)	$	(2,016	)	$	(1,066	)	$	(3,082	)

______________________________________________________________________

Schedule of accumulated other comprehensive income (loss), before tax, that have not yet been recognized in net periodic defined benefit pension cost



	Feb 1, 2020								Feb 2, 2019
	SERP		Foreign Pension Plans			Total			SERP		Foreign Pension Plans			Total
Unrecognized prior service credit	$	—	$	(227	)	$	(227	)	$	—	$	(159	)	$	(159	)
Unrecognized net actuarial loss	5,969		5,093			11,062			6,480		5,293			11,773
Total included in accumulated other comprehensive loss	$	5,969	$	4,866		$	10,835		$	6,480	$	5,134		$	11,614

Schedule of the funded status of the Company's defined benefit plans and the amounts recognized in the Company's consolidated balance sheets

The following table summarizes the funded status of the Company’s defined benefit plans and the amounts recognized in the Company’s consolidated balance sheets (in thousands):



	Feb 1, 2020									Feb 2, 2019
	SERP			Foreign Pension Plans			Total			SERP			Foreign Pension Plans			Total
Projected benefit obligation	$	(51,939	)	$	(34,779	)	$	(86,718	)	$	(52,162	)	$	(31,105	)	$	(83,267	)
Plan assets at fair value ¹	—			28,893			28,893			—			25,358			25,358
Net liability ²	$	(51,939	)	$	(5,886	)	$	(57,825	)	$	(52,162	)	$	(5,747	)	$	(57,909	)

______________________________________________________________________


¹	The SERP is a non-qualified pension plan and hence the insurance policies are not considered to be plan assets. Accordingly, the table above does not include the insurance policies with cash surrender values of $67.7 million and $61.7 million as of February 1, 2020 and February 2, 2019, respectively.

The net liability was included in accrued expenses and other long-term liabilities in the Company’s consolidated balance sheets depending on the expected timing of payments.

Schedule of reconciliation of the changes in the projected benefit obligation

A reconciliation of the changes in the projected benefit obligation for fiscal 2020 and fiscal 2019 is as follows (in thousands):



	Projected Benefit Obligation
	SERP			Foreign Pension Plans			Total
Balance at February 3, 2018	$	54,760		$	26,409		$	81,169
Service cost	—			3,039			3,039
Interest cost	1,887			225			2,112
Actuarial (gains) losses	(2,787		)	1,054			(1,733		)
Contributions by plan participants	—			2,310			2,310
Payments	(1,698		)	(1,824		)	(3,522		)
Acquisition	—			1,539			1,539
Foreign currency and other adjustments	—			(1,647		)	(1,647		)
Balance at February 2, 2019	$	52,162		$	31,105		$	83,267
Service cost	—			3,211			3,211
Interest cost	1,924			270			2,194
Actuarial gains	(449		)	(82		)	(531		)
Contributions by plan participants	—			2,920			2,920
Payments	(1,698		)	(3,292		)	(4,990		)
Foreign currency and other adjustments	—			647			647
Balance at February 1, 2020	$	51,939		$	34,779		$	86,718

Schedule of reconciliation of the changes in plan assets for foreign pension plans

A reconciliation of the changes in plan assets for the Company’s foreign pension plans for fiscal 2020 and fiscal 2019 is as follows (in thousands):



	Plan Assets
Balance at February 3, 2018	$	21,437
Actual return on plan assets	252
Contributions by employer	3,308
Contributions by plan participants	2,310
Payments	(1,824		)
Acquisition	1,186
Foreign currency and other adjustments	(1,311		)
Balance at February 2, 2019	$	25,358
Actual return on plan assets	186
Contributions by employer	3,158
Contributions by plan participants	2,920
Payments	(3,292		)
Foreign currency and other adjustments	563
Balance at February 1, 2020	$	28,893

Commitments and Contingencies (Tables)

12 Months Ended

Feb. 01, 2020

Commitments and Contingencies Disclosure [Abstract]

Schedule of reconciliation of the total carrying amount of redeemable noncontrolling interests

A reconciliation of the total carrying amount of redeemable noncontrolling interests for fiscal 2020 and fiscal 2019 is as follows (in thousands):



	Year Ended			Year Ended
	Feb 1, 2020			Feb 2, 2019
Beginning balance	$	4,853		$	5,590
Foreign currency translation adjustment	(122		)	(737		)
Ending balance	$	4,731		$	4,853

Quarterly Information (Unaudited) (Tables)

12 Months Ended

Feb. 01, 2020

Quarterly Financial Information Disclosure [Abstract]

Summary of the unaudited quarterly financial information

The following is a summary of the unaudited quarterly financial information for fiscal 2020 and fiscal 2019 (in thousands, except per share data):



	Quarterly Periods Ended¹
Year Ended February 1, 2020	May 4, 2019			Aug 3, 2019		Nov 2, 2019		Feb 1, 2020
Net revenue	$	536,691		$	683,220	$	615,944	$	842,254
Gross profit	181,949			265,666		229,499		338,594
Net earnings (loss)	(20,581		)	26,176		13,585		82,049
Net earnings (loss) attributable to Guess?, Inc.	(21,374		)	25,322		12,423		79,604
Net earnings (loss) per common share attributable to common stockholders^2,3,4,5,6:
Basic	$	(0.27	)	$	0.36	$	0.19	$	1.21
Diluted	$	(0.27	)	$	0.35	$	0.18	$	1.18



	Quarterly Periods Ended¹
Year Ended February 2, 2019	May 5, 2018			Aug 4, 2018		Nov 3, 2018			Feb 2, 2019
Net revenue	$	521,289		$	645,871	$	605,407		$	837,127
Gross profit	173,938			239,431		220,143			306,092
Net earnings (loss)	(20,987		)	25,734		(12,816		)	25,235
Net earnings (loss) attributable to Guess?, Inc.	(21,221		)	25,530		(13,442		)	23,232
Net earnings (loss) per common share attributable to common stockholders^{2,4,5,6,7,8,9}:
Basic	$	(0.27	)	$	0.32	$	(0.17	)	$	0.29
Diluted	$	(0.27	)	$	0.31	$	(0.17	)	$	0.28

______________________________________________________________________


¹	All fiscal quarters presented consisted of 13 weeks.


³	Per common share amounts for fiscal 2020 reflect the net impact of share repurchases, cash interest expense and amortization of debt discount and debt issuance costs related to the $300 million convertible senior notes issued during the first quarter of fiscal 2020. Refer to Note 23 and Note 10 for further information regarding share repurchases and the Company’s convertible senior notes.

⁴

⁵

⁶


⁷	The Company recorded net gains on lease terminations of $0.2 million and $0.3 million during the first and fourth quarters of fiscal 2019, respectively. There were no net gains (losses) on lease terminations recognized during the second or third quarters of fiscal 2019. Refer to Note 1 for further information regarding net gains (losses) on lease terminations.

⁸

⁹

Segment Information (Tables)

12 Months Ended

Feb. 01, 2020

Segment Reporting [Abstract]

Summary of net revenue, earnings (loss) from operations and capital expenditures by segment

Segment information is summarized as follows (in thousands):



	Year Ended			Year Ended			Year Ended
	Feb 1, 2020¹			Feb 2, 2019¹			Feb 3, 2018¹
Net revenue:
Americas Retail	$	811,547		$	824,674		$	833,077
Americas Wholesale	186,389			170,812			150,366
Europe	1,248,114			1,142,768			998,657
Asia	346,212			388,246			308,899
Licensing	85,847			83,194			72,755
Total net revenue	$	2,678,109		$	2,609,694		$	2,363,754
Earnings (loss) from operations:
Americas Retail	$	22,279		$	27,532		$	(11,096	)
Americas Wholesale	35,674			29,935			25,845
Europe	134,078			58,298			94,545
Asia	(8,894		)	12,365			14,809
Licensing	74,459			72,986			63,538
Total segment earnings from operations	257,596			201,116			187,641
Corporate overhead	(106,948		)	(96,805		)	(100,434		)
European Commission fine²	—			(45,637		)	—
Asset impairment charges³	(9,977		)	(6,939		)	(8,479		)
Net gains (losses) on lease terminations⁴	—			477			(11,373		)
Total earnings from operations	$	140,671		$	52,212		$	67,355
Capital expenditures:
Americas Retail	$	19,411		$	19,614		$	16,899
Americas Wholesale	980			376			1,303
Europe	33,036			56,792			46,419
Asia	6,782			23,458			12,111
Corporate overhead	1,659			7,877			7,923
Total capital expenditures	$	61,868		$	108,117		$	84,655

______________________________________________________________________


¹	The Company operates on a 52/53-week fiscal year calendar, which ends on the Saturday nearest to January 31 of each year. The results for fiscal 2018 included the impact of an additional week which occurred during the fourth quarter ended February 3, 2018.


²	During fiscal 2019, the Company recognized a charge of €39.8 million ($45.6 million) for a fine imposed by the European Commission related to alleged violations of European Union competition rules by the Company. The Company paid the full amount of the fine during the first quarter of fiscal 2020.

⁴

Summary of net revenue and long-lived assets by country



	Year Ended		Year Ended		Year Ended
	Feb 1, 2020		Feb 2, 2019		Feb 3, 2018
Net product sales:
U.S.	$	725,938	$	722,794	$	709,155
Italy	298,124		304,435		289,981
Canada	180,947		187,367		200,364
Spain	152,782		145,819		124,569
South Korea	144,955		162,943		163,382
France	129,505		135,060		125,508
Other foreign countries	960,011		868,082		678,040
Total product sales	2,592,262		2,526,500		2,290,999
Net royalties	85,847		83,194		72,755
Net revenue	$	2,678,109	$	2,609,694	$	2,363,754

The Company’s long-lived assets by geographic location are as follows:



	Feb 1, 2020¹		Feb 2, 2019
Long-lived assets:
U.S.	$	352,203	$	111,022
Italy	103,594		30,038
Canada	43,258		13,225
Spain	124,810		31,109
South Korea	8,597		9,437
France	40,869		18,182
Other foreign countries	509,368		173,436
Total long-lived assets	$	1,182,699	$	386,449

______________________________________________________________________

Earnings (Loss) Per Share (Tables)

12 Months Ended

Feb. 01, 2020

Earnings Per Share [Abstract]

Computation of basic and diluted net earnings (loss) per common share attributable to common stockholders

The computation of basic and diluted net earnings (loss) per common share attributable to common stockholders is as follows (in thousands, except per share data):



	Year Ended		Year Ended		Year Ended
	Feb 1, 2020		Feb 2, 2019		Feb 3, 2018
Net earnings (loss) attributable to Guess?, Inc.	$	95,975	$	14,099	$	(7,894	)
Less net earnings attributable to nonvested restricted stockholders	850		756		764
Net earnings (loss) attributable to common stockholders	$	95,125	$	13,343	$	(8,658	)

Weighted average common shares used in basic computations	70,461		80,146		82,189
Effect of dilutive securities:
Stock options and restricted stock units¹	1,208		1,443		—
Weighted average common shares used in diluted computations	71,669		81,589		82,189
Net earnings (loss) per common share attributable to common stockholders:
Basic	$	1.35	$	0.17	$	(0.11	)
Diluted	$	1.33	$	0.16	$	(0.11	)

______________________________________________________________________

For fiscal 2018, there were 652,494 potentially dilutive shares that were not included in the computation of diluted weighted average common shares and common equivalent shares outstanding because their effect would have been antidilutive given the Company’s net loss.

Share-Based Compensation (Tables)

12 Months Ended

Feb. 01, 2020

Share-based Payment Arrangement [Abstract]

Schedule of share-based compensation expense recognized under all of the Company's stock plans

The following table summarizes the share-based compensation expense recognized under all of the Company’s stock plans during fiscal 2020, fiscal 2019 and fiscal 2018 (in thousands):



	Year Ended		Year Ended		Year Ended
	Feb 1, 2020		Feb 2, 2019		Feb 3, 2018
Stock options	$	2,811	$	2,563	$	2,345
Stock awards/units	21,250		17,187		16,347
ESPP	229		223		160
Total share-based compensation expense	$	24,290	$	19,973	$	18,852

Schedule of stock option activity under all of the Company's stock plans

The following table summarizes the stock option activity under all of the Company’s stock plans during fiscal 2020:



	Number of Shares		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (Years)	Aggregate Intrinsic Value ($000’s)
Options outstanding at February 2, 2019	3,580,909		$	20.71
Granted	1,812,800		$	17.02
Exercised	(455,781	)	$	14.57
Forfeited	(1,145,066	)	$	18.82
Expired	(248,775	)	$	23.19
Options outstanding at February 1, 2020	3,544,087		$	20.10	7.02	$	13,102

Exercisable at February 1, 2020	1,537,712		$	24.34	4.53	$	4,152

Schedule of weighted average assumptions used for stock option grants



	Year Ended		Year Ended		Year Ended
Valuation Assumptions	Feb 1, 2020		Feb 2, 2019		Feb 3, 2018
Risk-free interest rate	2.3	%	2.3	%	1.5	%
Expected stock price volatility	48.9	%	46.1	%	37.1	%
Expected dividend yield	3.4	%	4.3	%	8.0	%
Expected life of stock options	4.4 years		4.4 years		4.4 years

Schedule of nonvested stock awards/units activity under all of the Company's stock plans

The following table summarizes the nonvested stock awards/units activity under all of the Company’s stock plans during fiscal 2020:



	Number of Awards/Units		Weighted Average Grant Date Fair Value
Nonvested at February 2, 2019	2,632,169		$	16.04
Granted	1,073,555		$	19.14
Vested	(960,846	)	$	17.27
Forfeited	(647,625	)	$	17.27
Nonvested at February 1, 2020	2,097,253		$	16.68

Schedule of activity for nonvested performance-based units and nonvested market-based units

The following table summarizes the activity for nonvested performance-based units and nonvested market-based units included in the table above during fiscal 2020:



	Performance-Based Units				Market-Based Units
	Number of Units		Weighted Average Grant Date Fair Value		Number of Units		Weighted Average Grant Date Fair Value
Nonvested at February 2, 2019	1,371,230		$	16.44	518,409		$	14.28
Granted¹	455,339		$	18.33	17,557		$	15.20
Vested¹	(222,308	)	$	17.53	(158,014	)	$	15.20
Forfeited	(464,238	)	$	17.24	(89,750	)	$	15.58
Nonvested at February 1, 2020	1,140,023		$	16.66	288,202		$	13.43

______________________________________________________________________

As a result of the achievement of certain market-based vesting conditions, there were 17,557 shares that vested in addition to the original target number of shares granted in fiscal 2017.

Schedule of assumptions used for market-based nonvested stock units



	Year Ended		Year Ended
Valuation Assumptions	Feb 2, 2019		Feb 3, 2018
Risk-free interest rate	2.6	%	1.4	%
Expected stock price volatility	42.1	%	39.7	%
Expected dividend yield	—	%	—	%
Expected life of market-based awards	2.6 years		2.8 years

Schedule of weighted average assumptions used for ESPP



	Year Ended		Year Ended		Year Ended
Valuation Assumptions	Feb 1, 2020		Feb 2, 2019		Feb 3, 2018
Risk-free interest rate	2.0	%	2.0	%	1.0	%
Expected stock price volatility	51.7	%	59.1	%	45.8	%
Expected dividend yield	3.4	%	4.6	%	7.6	%
Expected life of ESPP options	3 months		3 months		3 months

Fair Value Measurements (Tables)

12 Months Ended

Feb. 01, 2020

Fair Value Disclosures [Abstract]

Schedule of fair value hierarchy for assets and liabilities measured at fair value on a recurring basis

The following table presents the fair value hierarchy for those assets and liabilities measured at fair value on a recurring basis as of February 1, 2020 and February 2, 2019 (in thousands):



	Fair Value Measurements at Feb 1, 2020								Fair Value Measurements at Feb 2, 2019
Recurring Fair Value Measures	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
Assets:
Foreign exchange currency contracts	$	—	$	4,854	$	—	$	4,854	$	—	$	4,690	$	—	$	4,690
Interest rate swap	—		—		—		—		—		1,033		—		$	1,033
Total	$	—	$	4,854	$	—	$	4,854	$	—	$	5,723	$	—	$	5,723
Liabilities:
Foreign exchange currency contracts	$	—	$	—	$	—	$	—	$	—	$	77	$	—	$	77
Interest rate swap	—		348		—		348		—		—		—		—
Deferred compensation obligations	—		14,091		—		14,091		—		14,405		—		14,405
Total	$	—	$	14,439	$	—	$	14,439	$	—	$	14,482	$	—	$	14,482

Derivative Financial Instruments (Tables)

12 Months Ended

Feb. 01, 2020

Derivative [Line Items]

Summary of fair value of derivative instruments in the consolidated balance sheets

The fair value of derivative instruments in the consolidated balance sheets as of February 1, 2020 and February 2, 2019 is as follows (in thousands):



	Derivative Balance Sheet Location	Fair Value at Feb 1, 2020		Fair Value at Feb 2, 2019
ASSETS:
Derivatives designated as hedging instruments:
Cash flow hedges:
Foreign exchange currency contracts	Other current assets/ Other assets	$	3,987	$	4,058
Interest rate swap	Other assets	—		1,033
Total derivatives designated as hedging instruments		3,987		5,091
Derivatives not designated as hedging instruments:
Foreign exchange currency contracts	Other current assets/ Other assets	867		632
Total		$	4,854	$	5,723
LIABILITIES:
Derivatives designated as hedging instruments:
Cash flow hedges:
Foreign exchange currency contracts	Accrued expenses	$	—	$	77
Interest rate swaps	Other long-term liabilities	348		—
Total		$	348	$	77

Summary of gains (losses) before taxes recognized on the derivative instruments designated as cash flow hedges in accumulated other comprehensive income (loss) and net earnings (loss)



	Year Ended February 1, 2020
	Gain (Loss) Recognized in OCI¹			Location of Gain Reclassified from Accumulated OCI into Earnings¹	Gain Reclassified from Accumulated OCI into Earnings
Derivatives designated as cash flow hedges:
Foreign exchange currency contracts	$	10,557		Cost of product sales	$	7,776
Interest rate swap	(1,253		)	Interest expense	128



	Year Ended February 2, 2019
	Gain (Loss) Recognized in OCI¹			Location of Gain (Loss) Reclassified from Accumulated OCI into Earnings¹	Gain (Loss) Reclassified from Accumulated OCI into Earnings
Derivatives designated as cash flow hedges:
Foreign exchange currency contracts	$	12,973		Cost of product sales	$	(7,020	)
Foreign exchange currency contracts	2			Other income (expense)	(201		)
Interest rate swap	(324		)	Interest expense	103



	Year Ended February 3, 2018
	Gain (Loss) Recognized in OCI¹			Location of Gain (Loss) Reclassified from Accumulated OCI into Loss¹	Gain (Loss) Reclassified from Accumulated OCI into Loss
Derivatives designated as cash flow hedges:
Foreign exchange currency contracts	$	(22,497	)	Cost of product sales	$	14
Foreign exchange currency contracts	(1,163		)	Other income (expense)	(583		)
Interest rate swap	272			Interest expense	(87		)

______________________________________________________________________

During the first quarter of fiscal 2020, the Company adopted new authoritative guidance which eliminated the requirement to separately measure and report ineffectiveness for instruments that qualify for hedge accounting and generally requires that the entire change in the fair value of such instruments ultimately be presented in the same line as the respective hedge item. As a result, there is no interest component recognized for the ineffective portion of instruments that qualify for hedge accounting, but rather all changes in the fair value of such instruments are included in other comprehensive income (loss) during fiscal 2020. Upon adoption of this guidance, the Company reclassified $2.0 million in gains from retained earnings to accumulated other comprehensive loss related to the previously recorded interest component on outstanding instruments that qualified for hedge accounting. The Company recognized gains of $3.5 million and $2.7 million resulting from the ineffective portion related to foreign exchange currency contracts in interest income during fiscal 2019 and fiscal 2018, respectively. There was no ineffectiveness recognized related to the interest rate swap during fiscal 2020, fiscal 2019 or fiscal 2018.

Summary of net after-tax derivative activity recorded in accumulated other comprehensive income (loss)

The following table summarizes net after-tax derivative activity recorded in accumulated other comprehensive income (loss) (in thousands):



	Year Ended Feb 1, 2020			Year Ended Feb 2, 2019
Beginning balance gain (loss)	$	2,999		$	(14,369	)
Cumulative adjustment from adoption of new accounting guidance¹	1,981			—
Net gains from changes in cash flow hedges	8,316			10,962
Net (gains) losses reclassified to earnings	(6,996		)	6,406
Ending balance gain	$	6,300		$	2,999

______________________________________________________________________

During the first quarter of fiscal 2020, the Company adopted new authoritative guidance which eliminated the requirement to separately measure and report ineffectiveness for instruments that qualify for hedge accounting and generally requires that the entire change in the fair value of such instruments ultimately be presented in the same line as the respective hedge item. As a result, there is no interest component recognized for the ineffective portion of instruments that qualify for hedge accounting, but rather all changes in the fair value of such instruments are included in other comprehensive income (loss) during fiscal 2020. Upon adoption of this guidance, the Company reclassified $2.0 million in gains from retained earnings to accumulated other comprehensive loss related to the previously recorded interest component on outstanding instruments that qualified for hedge accounting.

Summary of gains (loss) before taxes recognized on the derivative instruments not designated as hedging instruments in other income and expense



	Location of Gain (Loss) Recognized in Earnings (Loss)	Gain (Loss) Recognized in Earnings (Loss)
	Location of Gain (Loss) Recognized in Earnings (Loss)	Year Ended Feb 1, 2020		Year Ended Feb 2, 2019		Year Ended Feb 3, 2018
Derivatives not designated as hedging instruments:
Foreign exchange currency contracts	Other income (expense)	$	1,254	$	6,785	$	(10,511	)

Description of the Business and Summary of Significant Accounting Policies and Practices - Narrative (Details) - segment	3 Months Ended							6 Months Ended	12 Months Ended
	Feb. 01, 2020	Nov. 02, 2019	Aug. 03, 2019	May 04, 2019	Feb. 02, 2019	Nov. 03, 2018	May 05, 2018	Aug. 04, 2018	Jan. 30, 2021	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Summary of Significant Accounting Policies
Fiscal period duration	91 days	91 days	91 days	91 days	91 days	91 days	91 days	91 days		364 days	364 days	371 days
Number of Reportable Segments										5
Forecast
Summary of Significant Accounting Policies
Fiscal period duration									364 days

Description of the Business and Summary of Significant Accounting Policies and Practices - Revenue Recognition (Details) $ in Thousands	12 Months Ended
	Feb. 01, 2020 USD ($) subsidiary	Feb. 02, 2019 USD ($)	Feb. 03, 2018 USD ($)
Products Transferred At A Point In Time
Percentage of receivables	53.00%
Payment period	1 year
Sales Return Allowances
Allowance for sales returns	$ 33,178	$ 33,217
Gift Cards
Number of subsidiaries that issue gift cards \| subsidiary	1
Net revenue	$ 2,678,109	2,609,694	$ 2,363,754
Gift cards	$ 4,469	5,376
Loyalty Programs
Expiration period of unredeemed points (in months)	6 months
Expiration period of unredeemed awards (in months)	2 months
Increase (decrease) in net revenue	$ (100)	(1,700)	300
Europe
Products Transferred At A Point In Time
Percentage of receivables	64.00%
U.S. retail business
Gift Cards
Gift card breakage rate (as a percent)	6.80%
Canadian retail business
Gift Cards
Gift card breakage rate (as a percent)	6.10%
Accrued expenses and other current liabilities
Sales Return Allowances
Allowance for sales returns	$ 33,200	33,200
Gift Cards
Gift cards	4,500	5,400
Other Current Assets
Sales Return Allowances
Cost of sales returns	13,000	13,000
Allowance For Markdowns
Intellectual Property Transferred Over Time
Deferred royalties, current	12,562	12,121
Allowance For Markdowns \| Accrued expenses and other current liabilities
Markdown Allowances
Allowance for markdowns	12,600	12,100
Gift Card Breakage
Gift Cards
Net revenue	1,300	700	700
Loyalty Programs
Intellectual Property Transferred Over Time
Deferred royalties, current	5,783	5,728
Royalties
Gift Cards
Net revenue	85,847	83,194	72,755
Intellectual Property Transferred Over Time
Net royalties recognized	12,300	13,000	12,000
Royalties \| Accrued expenses and other current liabilities
Intellectual Property Transferred Over Time
Deferred royalties, current	6,700	6,400
Royalties \| Other long-term liabilities
Intellectual Property Transferred Over Time
Deferred royalties, noncurrent	$ 18,700	15,500
Minimum \| Royalties
Products Transferred At A Point In Time
Payment period	3 years
Maximum \| Royalties
Products Transferred At A Point In Time
Payment period	10 years
Selling, general and administrative expenses
Clarification of Certain Costs and Expenses
Distribution costs	$ 58,200	$ 55,700	$ 34,200

Description of the Business and Summary of Significant Accounting Policies and Practices - Advertising and Marketing Costs (Details) - USD ($) $ in Millions	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Advertising and marketing expense	$ 56.5	$ 56.8	$ 36.3

Description of the Business and Summary of Significant Accounting Policies and Practices - Foreign Currency (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018	Jan. 28, 2017
Variable Interest Entity [Line Items]
Foreign currency translation adjustment	$ 17,100
Accumulated foreign currency translation loss	(661,347)	$ (853,645)	$ (933,475)	$ (980,994)
Net foreign currency transaction gains (losses)	4,700	(9,600)	$ (5,900)
Foreign Currency Translation Adjustment
Variable Interest Entity [Line Items]
Accumulated foreign currency translation loss	$ 141,100	$ 124,000

Description of the Business and Summary of Significant Accounting Policies and Practices - Investment Securities (Details) - Privately-Held Apparel Company - USD ($) $ in Millions	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019
Schedule of Equity Method Investments [Line Items]
Investment in company		$ 8.3
Minority interest percentage held		30.00%
Other income/expense
Schedule of Equity Method Investments [Line Items]
Net loss from equity method investment	$ 6.2

Description of the Business and Summary of Significant Accounting Policies and Practices - Concentration of Credit Risk (Details)	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Supplier Concentration Risk \| Cost of products sold \| Five largest suppliers
Concentration Risk [Line Items]
Concentration of risk	25.00%	21.00%	20.00%
Supplier Concentration Risk \| Cost of products sold \| Minimum
Concentration Risk [Line Items]
Concentration of risk, number of countries outside of the U.S.	30
Two largest wholesale customers \| Customer Concentration Risk \| Net revenue
Concentration Risk [Line Items]
Concentration of risk	2.70%	2.40%	2.20%

Description of the Business and Summary of Significant Accounting Policies and Practices - Depreciation and Amortization (Details)	12 Months Ended
	Feb. 01, 2020
Building and building improvements \| Minimum
Summary of Significant Accounting Policies
Property and equipment, useful life	10 years
Building and building improvements \| Maximum
Summary of Significant Accounting Policies
Property and equipment, useful life	39 years
Furniture, fixtures and equipment \| Minimum
Summary of Significant Accounting Policies
Property and equipment, useful life	2 years
Furniture, fixtures and equipment \| Maximum
Summary of Significant Accounting Policies
Property and equipment, useful life	10 years

Description of the Business and Summary of Significant Accounting Policies and Practices - Net Gains (Losses) on Lease Terminations (Details) - USD ($)	3 Months Ended				12 Months Ended
	Feb. 02, 2019	Nov. 03, 2018	Aug. 04, 2018	May 05, 2018	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Net (gains) losses on lease terminations
Net (gains) losses on lease terminations	$ (300,000)	$ 0	$ 0	$ (200,000)	$ 0	$ (477,000)	$ 11,373,000
North America
Net (gains) losses on lease terminations
Net (gains) losses on lease terminations						$ (500,000)
Europe
Net (gains) losses on lease terminations
Net (gains) losses on lease terminations							(1,000,000.0)
Lease modification with a common landlord \| North America
Net (gains) losses on lease terminations
Net (gains) losses on lease terminations							12,400,000
Upfront payment related to lease modification							22,000,000.0
Advanced rent payments							$ 9,600,000

Description of the Business and Summary of Significant Accounting Policies and Practices - Long-Lived Assets (Details)	12 Months Ended
	Feb. 01, 2020
Long-Lived Assets
Period of time new regular retail locations in penetrated markets would need to be opened to be considered for impairment	1 year

Description of the Business and Summary of Significant Accounting Policies and Practices - Sale of Australia Stores and Korean Underwear Business (Details) - 12 months ended Feb. 01, 2020 - Disposal Group, Disposed of by Sale, Not Discontinued Operations ₩ in Millions, $ in Millions, $ in Millions	KRW (₩)	USD ($)	AUD ($)	USD ($)	AUD ($)
Australia retail stores
Summary of Significant Accounting Policies
Selling price related to divestiture of business				$ 4.9	$ 7.1
Gain (loss) on sale of business		$ (0.8)	$ (1.2)
Australia retail stores \| Accounts receivable, net
Summary of Significant Accounting Policies
Selling price related to divestiture of business				1.2	1.8
Australia retail stores \| Other assets
Summary of Significant Accounting Policies
Selling price related to divestiture of business				2.2	$ 3.3
Korean underwear business
Summary of Significant Accounting Policies
Selling price related to divestiture of business	₩ 3,030.0			$ 2.6
Gain (loss) on sale of business	₩ 130.0	$ 0.1

Description of the Business and Summary of Significant Accounting Policies and Practices - Convertible Senior Notes (Details) - 2.00% Convertible Senior Notes Due 2024 - Senior Notes	Apr. 30, 2019 USD ($)
Summary of Significant Accounting Policies
Convertible debt issued	$ 300,000,000
Interest rate (as a percent)	2.00%

New Accounting Guidance (Details) - USD ($) $ in Thousands	Feb. 01, 2020	Feb. 03, 2019	Feb. 02, 2019	Feb. 04, 2018	Jan. 29, 2017
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Cumulative adjustment from adoption of new accounting guidance		$ 297		$ 5,829	$ 0
Operating right-of-use assets	$ 851,990		$ 0
Accounting Standards Update 2016-02
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating right-of-use assets		1,000,000
Operating lease liability		1,000,000
Retained Earnings
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Cumulative adjustment from adoption of new accounting guidance		(1,684)		$ 5,829	942
Retained Earnings \| Accounting Standards Update 2016-02
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Cumulative adjustment from adoption of new accounting guidance		300
Retained Earnings \| Accounting Standards Update 2017-12
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Cumulative adjustment from adoption of new accounting guidance		(2,000)
Accumulated Other Comprehensive Loss
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Cumulative adjustment from adoption of new accounting guidance		1,981			$ (1,210)
Accumulated Other Comprehensive Loss \| Accounting Standards Update 2017-12
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Cumulative adjustment from adoption of new accounting guidance		$ 2,000
Cost of product sales \| Accounting Standards Update 2017-12
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Cumulative adjustment from adoption of new accounting guidance	$ 1,500

Accounts Receivable (Details) - USD ($) $ in Thousands	Feb. 01, 2020	Feb. 02, 2019
Accounts receivable
Accounts receivable, gross	$ 335,712	$ 330,535
Less allowances	8,431	8,540
Accounts receivable, net	327,281	321,995
Trade receivables
Accounts receivable
Accounts receivable, gross	309,508	314,651
Royalty receivables
Accounts receivable
Accounts receivable, gross	12,775	5,992
Other receivables
Accounts receivable
Accounts receivable, gross	$ 13,429	$ 9,892

Inventories (Details) - USD ($) $ in Thousands	Feb. 01, 2020	Feb. 02, 2019
Inventory Disclosure [Abstract]
Raw materials	$ 399	$ 881
Work in progress	52	162
Finished goods	392,678	467,854
Inventories	393,129	468,897
Allowance to write down inventories to the lower of cost or net realizable value	$ 24,500	$ 30,900

Property and Equipment - (Details) - USD ($) $ in Thousands	Feb. 01, 2020	Feb. 02, 2019
Property and equipment
Property and equipment, gross	$ 899,379	$ 888,272
Less accumulated depreciation and amortization	611,267	572,714
Property and equipment, net	288,112	315,558
Land, buildings and improvements
Property and equipment
Property and equipment, gross	51,416	52,039
Leasehold improvements
Property and equipment
Property and equipment, gross	388,733	387,802
Furniture, fixtures and equipment
Property and equipment
Property and equipment, gross	428,121	410,518
Construction in progress
Property and equipment
Property and equipment, gross	9,510	18,844
Assets under finance leases
Property and equipment
Property and equipment, gross	21,599	19,069
Less accumulated depreciation and amortization	$ 5,600	$ 3,100

Property and Equipment - Impairment (Details) $ in Thousands	3 Months Ended								12 Months Ended
	Feb. 01, 2020 USD ($)	Nov. 02, 2019 USD ($)	Aug. 03, 2019 USD ($)	May 04, 2019 USD ($)	Feb. 02, 2019 USD ($)	Nov. 03, 2018 USD ($)	Aug. 04, 2018 USD ($)	May 05, 2018 USD ($)	Feb. 01, 2020 USD ($) retail_location	Feb. 02, 2019 USD ($) retail_location	Feb. 03, 2018 USD ($)
Impairment to long-lived assets
Aggregate carrying value of property and equipment impaired	$ 8,456				$ 7,111				$ 8,456	$ 7,111
Less property and equipment impairment charges	4,900	$ 1,800	$ 1,500	$ 1,800	1,900	$ 1,300	$ 3,000	$ 700	7,546	6,939
Aggregate remaining fair value of property and equipment impaired	$ 910				$ 172				$ 910	$ 172
Number of retail locations tested for impairment \| retail_location									314	163
Number of retail locations impaired \| retail_location									101	35
Retail locations \| Asia, Europe and North America
Impairment to long-lived assets
Less property and equipment impairment charges									$ 7,500	$ 6,900	$ 8,500

Goodwill (Details)	12 Months Ended
Goodwill (Details)	Feb. 01, 2020 USD ($)	Feb. 02, 2019 USD ($) retail_location licensee
Goodwill
Goodwill at the beginning of the period	$ 37,072,000	$ 38,481,000
Adjustments:
Acquisition		857,000
Translation adjustments	(821,000)	(2,266,000)
Impairment	(1,474,000)
Goodwill at the end of the period	34,777,000	37,072,000
Accumulated impairment related to goodwill	1,500,000	0
China retail reporting unit
Adjustments:
Impairment	(1,500,000)
Americas Retail
Goodwill
Goodwill at the beginning of the period	1,731,000	1,765,000
Adjustments:
Acquisition		0
Translation adjustments	(6,000)	(34,000)
Impairment	0
Goodwill at the end of the period	1,725,000	1,731,000
Americas Wholesale
Goodwill
Goodwill at the beginning of the period	9,966,000	9,972,000
Adjustments:
Acquisition		0
Translation adjustments	(1,000)	(6,000)
Impairment	0
Goodwill at the end of the period	9,965,000	9,966,000
Europe
Goodwill
Goodwill at the beginning of the period	23,862,000	25,125,000
Adjustments:
Acquisition		857,000
Translation adjustments	(775,000)	(2,120,000)
Impairment	0
Goodwill at the end of the period	23,087,000	23,862,000
Europe \| Acquisition of retail location from the Company's licensees
Adjustments:
Acquisition		$ 900,000
Number of retail locations acquired \| retail_location		10
Number of licensees that sold retail locations to the Company \| licensee		1
Asia
Goodwill
Goodwill at the beginning of the period	1,513,000	$ 1,619,000
Adjustments:
Acquisition		0
Translation adjustments	(39,000)	(106,000)
Impairment	(1,474,000)
Goodwill at the end of the period	$ 0	$ 1,513,000

Accrued Expenses (Details) - USD ($) $ in Thousands	Feb. 01, 2020	Feb. 02, 2019
Accrued Expenses [Line Items]
Accrued compensation and benefits	$ 65,821	$ 64,543
Allowance for sales returns	33,178	33,217
Sales and use taxes, property taxes and other indirect taxes	32,185	32,777
Professional and legal fees	12,920	57,401
Income taxes	6,842	4,362
Accrued rent	4,648	9,000
Gift cards	4,469	5,376
Construction costs	3,862	5,408
Accrued interest	2,449	349
Advertising	1,497	1,503
Other	9,872	12,347
Total accrued expenses	204,096	252,392
Allowance For Markdowns
Accrued Expenses [Line Items]
Contract with customer, liabilities	12,562	12,121
Deferred Royalties And Other Revenue
Accrued Expenses [Line Items]
Contract with customer, liabilities	8,008	8,260
Loyalty Programs
Accrued Expenses [Line Items]
Contract with customer, liabilities	$ 5,783	$ 5,728

Lease Accounting - Narrative (Details) $ in Millions	12 Months Ended
Lease Accounting - Narrative (Details) $ in Millions	Feb. 01, 2020 USD ($)
Lessee, Lease, Description [Line Items]
Lease not yet commenced	$ 11.9
North America
Lessee, Lease, Description [Line Items]
Impairment on operating right-of-use assets	$ 1.0
Retail store leases \| Minimum
Lessee, Lease, Description [Line Items]
Percentage of annual sales volume used for incremental rent on certain retail location leases	3.00%
Retail store leases \| Maximum
Lessee, Lease, Description [Line Items]
Percentage of annual sales volume used for incremental rent on certain retail location leases	24.00%
Retail concession leases \| Average
Lessee, Lease, Description [Line Items]
Percentage of annual sales volume used for incremental rent on certain retail location leases	35.00%

Lease Accounting - Lease Assets and Liabilities (Details) - USD ($) $ in Thousands	Feb. 01, 2020	Feb. 02, 2019
Assets
Operating	$ 851,990	$ 0
Finance	15,972
Total lease assets	867,962
Current:
Operating	192,066	0
Finance	2,273
Noncurrent:
Operating	714,079	$ 0
Finance	14,262
Total lease liabilities	$ 922,680

Lease Accounting - Lease Cost (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Lease Cost
Total lease costs	$ 376,460
Rent expense		$ 292,100	$ 272,300
Rental expense based upon percentage of annual sales volume		67,200	61,200
Other operating lease costs		$ 72,300	$ 75,600
Cost of product sales
Lease Cost
Operating lease cost	244,222
Amortization of leased assets	2,793
Variable lease costs	93,534
Short-term lease cost	344
Selling, general and administrative expenses
Lease Cost
Operating lease cost	24,565
Amortization of leased assets	4,197
Variable lease costs	2,227
Short-term lease cost	3,543
Interest expense
Lease Cost
Interest on lease liabilities	$ 1,035

Lease Accounting - Maturity of Lease Liabilities (Details) $ in Thousands	Feb. 01, 2020 USD ($)
Finance Leases
2021	$ 3,349
2022	3,653
2023	3,249
2024	3,092
2025	2,311
After 2025	4,922
Total lease payments	20,576
Less: Interest	4,041
Present value of lease liabilities	16,535
Total
2021	223,713
2022	201,767
2023	168,616
2024	140,729
2025	97,369
After 2025	191,703
Total lease payments	1,023,897
Less: Interest	101,217
Total lease liabilities	922,680
Non-Related Parties
Operating Leases
2021	218,109
2022	197,857
2023	165,367
2024	137,637
2025	95,058
After 2025	186,781
Total lease payments	1,000,809
Less: Interest	97,132
Present value of lease liabilities	903,677
Related Parties
Operating Leases
2021	2,255
2022	257
2023	0
2024	0
2025	0
After 2025	0
Total lease payments	2,512
Less: Interest	44
Present value of lease liabilities	$ 2,468

Lease Accounting - Lease Term and Discount Rate (Details)	Feb. 01, 2020
Weighted-average remaining lease term (years)
Operating leases	5 years 10 months 24 days
Finance leases	6 years 4 months 24 days
Weighted-average discount rate
Operating leases	3.50%
Finance leases	7.10%

Lease Accounting - Supplemental Cash Flow Information (Details) $ in Thousands	12 Months Ended
	Feb. 01, 2020 USD ($)
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$ 250,972
New operating ROU assets obtained in exchange for lease liabilities	$ 127,232

Borrowings and Finance Lease Obligations (Details) - USD ($)			12 Months Ended
	Feb. 16, 2016	Jun. 23, 2015	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018	Mar. 19, 2020
Borrowings and finance lease obligations
Mortgage debt, maturing monthly through January 2026			$ 19,132,000	$ 19,738,000
Finance lease obligations			16,535,000
Capital lease obligations				16,702,000
Other			2,636,000	2,887,000
Mortgage Debt
Mortgage debt, maturing monthly through January 2026			19,132,000	19,738,000
Debt issuance costs			3,620,000
Finance Lease Obligations
Finance lease obligations incurred			3,070,000	1,172,000	$ 18,502,000
Credit Facilities
Credit Facility, outstanding amount			3,957,000	0
Subsequent events
Credit Facilities
Credit Facility, outstanding amount						$ 212,000,000
Europe \| Foreign line of credit
Credit Facilities
Current borrowing capacity			139,000,000
Letters of credit outstanding			0
Credit Facility, outstanding amount			$ 0
Europe \| Foreign line of credit \| Subsequent events
Credit Facilities
Credit Facility, outstanding amount						$ 134,000,000
Europe \| Foreign line of credit \| Minimum
Credit Facilities
Interest rate (as a percent)			0.50%
Europe \| Foreign line of credit \| Maximum
Credit Facilities
Interest rate (as a percent)			4.50%
China \| Foreign line of credit
Credit Facilities
Maximum borrowing capacity			$ 20,000,000
Credit Facility, outstanding amount			$ 4,000,000.0
Cash flow hedges \| Interest rate swap \| Derivatives designated as hedging instruments
Mortgage Debt
Fixed rate of interest rate swap derivative (as a percent)			3.06%
Long-term debt and finance lease liabilities, excluding convertible senior notes
Borrowings and finance lease obligations
Total debt and finance lease obligations			$ 42,260,000	39,327,000
Less current installments			9,490,000	4,315,000
Long-term debt and finance lease obligations			32,770,000	35,012,000
Mortgage Debt
Debt issuance costs			66,000
Mortgage debt \| Building \| U.S.
Borrowings and finance lease obligations
Mortgage debt, maturing monthly through January 2026	$ 21,500,000		19,100,000	19,700,000
Mortgage Debt
Debt maturity period (in years)	10 years
Mortgage debt, maturing monthly through January 2026	$ 21,500,000		19,100,000	19,700,000
Debt amortization period (in years)	25 years
Debt issuance costs			$ 100,000	100,000
Mortgage debt \| Building \| U.S. \| LIBOR
Mortgage Debt
Interest rate margin (as a percent)			1.50%
Mortgage debt \| Building \| U.S. \| Interest rate swap
Mortgage Debt
Fair value of cash flow hedge interest rate swap liability			$ (300,000)
Fair value of cash flow hedge interest rate swap asset				1,000,000.0
Mortgage debt \| Building \| Cash flow hedges \| U.S. \| Interest rate swap \| Derivatives designated as hedging instruments
Mortgage Debt
Fixed rate of interest rate swap derivative (as a percent)	3.06%
Capital lease obligation \| Computer hardware and software
Borrowings and finance lease obligations
Finance lease obligations			4,000,000.0
Capital lease obligations				2,000,000.0
Finance Lease Obligations
Finance lease obligations incurred			3,100,000	1,200,000	1,500,000
Capital lease obligation \| Equipment \| Netherlands
Borrowings and finance lease obligations
Finance lease obligations			$ 12,600,000
Capital lease obligations				$ 14,700,000
Finance Lease Obligations
Finance lease obligations incurred					$ 17,000,000.0
Effective interest rate			6.00%
Credit Facility
Credit Facilities
Percentage of borrowings exceeding borrowing base that require the Company to comply with a fixed charge coverage ratio on a trailing four-quarter basis			80.00%
Credit Facility, outstanding amount			$ 0
Credit Facility \| Revolving Credit Facility
Mortgage Debt
Debt maturity period (in years)		5 years
Credit Facilities
Maximum borrowing capacity		$ 150,000,000
Current borrowing capacity			$ 113,000,000
Credit Facility \| Accordion feature
Credit Facilities
Maximum borrowing capacity		150,000,000
Credit Facility \| U.S. line of credit \| Base rate \| Minimum
Mortgage Debt
Interest rate margin (as a percent)			0.25%
Credit Facility \| U.S. line of credit \| Base rate \| Maximum
Mortgage Debt
Interest rate margin (as a percent)			0.75%
Credit Facility \| U.S. line of credit \| LIBOR
Credit Facilities
Interest rate margin added to respective base rate			1.00%
Credit Facility \| U.S. line of credit \| LIBOR \| Minimum
Mortgage Debt
Interest rate margin (as a percent)			1.25%
Credit Facility \| U.S. line of credit \| LIBOR \| Maximum
Mortgage Debt
Interest rate margin (as a percent)			1.75%
Credit Facility \| U.S. line of credit \| Federal funds rate
Credit Facilities
Interest rate margin added to respective base rate			0.50%
Credit Facility \| Standby letters of credit
Credit Facilities
Letters of credit outstanding			$ 2,300,000
Credit Facility \| Documentary letters of credit
Credit Facilities
Letters of credit outstanding			$ 0
Credit Facility \| Canada \| Foreign line of credit
Credit Facilities
Maximum borrowing capacity		$ 50,000,000
Credit Facility \| Canada \| Foreign line of credit \| Prime rate \| Minimum
Mortgage Debt
Interest rate margin (as a percent)			0.25%
Credit Facility \| Canada \| Foreign line of credit \| Prime rate \| Maximum
Mortgage Debt
Interest rate margin (as a percent)			0.75%
Credit Facility \| Canada \| Foreign line of credit \| Canadian BA rate
Credit Facilities
Interest rate margin added to respective base rate			1.00%
Credit Facility \| Canada \| Foreign line of credit \| Canadian BA rate \| Minimum
Mortgage Debt
Interest rate margin (as a percent)			1.25%
Credit Facility \| Canada \| Foreign line of credit \| Canadian BA rate \| Maximum
Mortgage Debt
Interest rate margin (as a percent)			1.75%
Credit Facility \| Canada \| Foreign line of credit \| Bank of Canada overnight rate
Credit Facilities
Interest rate margin added to respective base rate			0.50%

Borrowings and Finance Lease Obligations - Debt Maturities (Details) - USD ($) $ in Thousands	Feb. 01, 2020	Feb. 02, 2019
Debt
Total principal payments	$ 300,000
Less unamortized debt issuance costs	3,620
Total debt	247,363
Finance Leases
Fiscal 2021	2,273
Fiscal 2022	2,754
Fiscal 2023	2,533
Fiscal 2024	2,532
Fiscal 2025	1,912
Thereafter	4,531
Finance lease obligations	16,535
Debt
Debt
Fiscal 2021	7,228
Fiscal 2022	659
Fiscal 2023	682
Fiscal 2024	705
Fiscal 2025	727
Thereafter	15,790
Total principal payments	25,791
Less unamortized debt issuance costs	66
Total debt	25,725
Total
Debt
Less unamortized debt issuance costs	66
Finance Leases
Fiscal 2021	9,501
Fiscal 2022	3,413
Fiscal 2023	3,215
Fiscal 2024	3,237
Fiscal 2025	2,639
Thereafter	20,321
Total principal payments	42,326
Total debt and finance lease obligations	$ 42,260	$ 39,327

Convertible Senior Notes and Related Transactions - Narrative (Details) $ / shares in Units, shares in Millions		1 Months Ended	12 Months Ended
	May 01, 2019 $ / shares	Apr. 30, 2019 USD ($) $ / shares shares	Feb. 01, 2020 USD ($) $ / shares shares	Feb. 02, 2019 USD ($)	Feb. 03, 2018 USD ($)
Debt Instrument [Line Items]
Amortization of debt discount			$ 7,558,000	$ 0	$ 0
Amortization of debt issuance costs			$ 919,000	0	0
Option to purchase, number of shares (in shares) \| shares		11.6
Conversion price (in dollars per share) \| $ / shares	$ 46.88	$ 25.78	$ 25.78
Convertible note hedge cost		$ 61,000,000.0
Warrants outstanding (in shares) \| shares		11.6	11.6
Strike price of warrants (in dollars per share) \| $ / shares		$ 46.88	$ 46.88
Proceeds from issuance of warrants		$ 28,100,000	$ 28,080,000	0	$ 0
Deferred tax liability			11,167,000	0
Convertible senior notes hedge transactions			12,284,000	$ 0
Senior Notes \| 2.00% Convertible Senior Notes Due 2024
Debt Instrument [Line Items]
Interest rate (as a percent)		2.00%
Convertible debt issued		$ 300,000,000
Conversion ratio		0.0387879
Conversion price (in dollars per share) \| $ / shares		$ 25.78
Percentage of principal and interest of the Notes that the Company may be required to purchase in the event of a fundamental change		100.00%
Minimum percentage of holders of the Notes which may be able to declare the Notes to be due and payable upon the occurrence of certain events of default		25.00%
Percentage of principal and interest that may be declared due and payable upon the occurrence of certain events of default		100.00%
Effective interest rate		6.80%
Amortization of debt discount			7,600,000
Amortization of debt issuance costs			700,000
Senior Notes \| 2.00% Convertible Senior Notes Due 2024 \| Level 2
Debt Instrument [Line Items]
Fair value of convertible senior notes			$ 272,000,000.0
Senior Notes \| 2.00% Convertible Senior Notes Due 2024 \| Initial Purchasers
Debt Instrument [Line Items]
Debt issuance costs		$ 3,800,000
Senior Notes \| 2.00% Convertible Senior Notes Due 2024 \| Third Party Offerers
Debt Instrument [Line Items]
Debt issuance costs		$ 1,500,000

Convertible Senior Notes and Related Transactions - Components of Debt (Details) $ in Thousands	Feb. 01, 2020 USD ($)
Debt Disclosure [Abstract]
Principal	$ 300,000
Unamortized debt discount	(49,017)
Unamortized issuance costs	(3,620)
Total debt	247,363
Equity component, net	$ 42,320

Stockholders' Equity - Cash Dividend Declared Per Share (Details) - $ / shares	3 Months Ended		12 Months Ended
	May 04, 2019	Feb. 02, 2019	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Equity [Abstract]
Dividends declared per common share (in dollars per share)	$ 0.1125	$ 0.225	$ 0.5625	$ 0.9000	$ 0.9000

Stockholders' Equity - Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018	Feb. 03, 2019	Feb. 04, 2018	Jan. 29, 2017
Accumulated other comprehensive income (loss), net of tax
Balance at beginning of period	$ 853,645	$ 933,475	$ 980,994
Net other comprehensive income (loss)	(15,083)	(33,353)	71,775
Cumulative adjustment reclassified from retained earnings due to adoption of new accounting guidance				$ 297	$ 5,829	$ 0
Balance at end of period	661,347	853,645	933,475
Foreign Currency Translation Adjustment
Accumulated other comprehensive income (loss), net of tax
Balance at beginning of period	(119,546)	(67,049)	(158,227)
Gains (losses) arising during the period	(17,743)	(52,497)	91,178
Reclassification to net earnings (loss) for (gains) losses realized	0	0	0
Net other comprehensive income (loss)	(17,743)	(52,497)	91,178
Cumulative adjustment reclassified to retained earnings from adoption of new accounting guidance			0
Cumulative adjustment reclassified from retained earnings due to adoption of new accounting guidance				0
Balance at end of period	(137,289)	(119,546)	(67,049)
Derivative Financial Instruments Designated as Cash Flow Hedges
Accumulated other comprehensive income (loss), net of tax
Balance at beginning of period	2,999	(14,369)	5,400
Gains (losses) arising during the period	8,316	10,962	(20,408)
Reclassification to net earnings (loss) for (gains) losses realized	(6,996)	6,406	414
Net other comprehensive income (loss)	1,320	17,368	(19,994)
Cumulative adjustment reclassified to retained earnings from adoption of new accounting guidance			225
Cumulative adjustment reclassified from retained earnings due to adoption of new accounting guidance				1,981
Balance at end of period	6,300	2,999	(14,369)
Defined Benefit Plans
Accumulated other comprehensive income (loss), net of tax
Balance at beginning of period	(9,632)	(11,644)	(8,562)
Gains (losses) arising during the period	342	1,516	(1,999)
Reclassification to net earnings (loss) for (gains) losses realized	369	496	352
Net other comprehensive income (loss)	711	2,012	(1,647)
Cumulative adjustment reclassified to retained earnings from adoption of new accounting guidance			(1,435)
Cumulative adjustment reclassified from retained earnings due to adoption of new accounting guidance				0
Balance at end of period	(8,921)	(9,632)	(11,644)
AOCI Attributable to Parent
Accumulated other comprehensive income (loss), net of tax
Balance at beginning of period	(126,179)	(93,062)	(161,389)
Gains (losses) arising during the period	(9,085)	(40,019)	68,771
Reclassification to net earnings (loss) for (gains) losses realized	(6,627)	6,902	766
Net other comprehensive income (loss)	(15,712)	(33,117)	69,537
Cumulative adjustment reclassified to retained earnings from adoption of new accounting guidance			(1,210)
Cumulative adjustment reclassified from retained earnings due to adoption of new accounting guidance				1,981		(1,210)
Balance at end of period	(139,910)	(126,179)	(93,062)
Retained Earnings
Accumulated other comprehensive income (loss), net of tax
Balance at beginning of period	1,077,747	1,132,173	1,215,079
Cumulative adjustment reclassified from retained earnings due to adoption of new accounting guidance				(1,684)	$ 5,829	$ 942
Balance at end of period	$ 1,130,409	$ 1,077,747	1,132,173
Accounting Standards Update 2018-02 \| Retained Earnings
Accumulated other comprehensive income (loss), net of tax
Cumulative adjustment reclassified to retained earnings from adoption of new accounting guidance			$ 1,200
Accounting Standards Update 2017-12 \| Derivative Financial Instruments Designated as Cash Flow Hedges
Accumulated other comprehensive income (loss), net of tax
Cumulative adjustment reclassified from retained earnings due to adoption of new accounting guidance				2,000
Accounting Standards Update 2017-12 \| AOCI Attributable to Parent
Accumulated other comprehensive income (loss), net of tax
Cumulative adjustment reclassified from retained earnings due to adoption of new accounting guidance				2,000
Accounting Standards Update 2017-12 \| Retained Earnings
Accumulated other comprehensive income (loss), net of tax
Cumulative adjustment reclassified from retained earnings due to adoption of new accounting guidance				$ (2,000)

Stockholders' Equity - Reclassifications Out of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Feb. 01, 2020	Nov. 02, 2019	Aug. 03, 2019	May 04, 2019	Feb. 02, 2019	Nov. 03, 2018	Aug. 04, 2018	May 05, 2018	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Reclassifications out of accumulated other comprehensive income (loss) to net earnings (loss)
Cost of product sales									$ 1,662,401	$ 1,670,090	$ 1,534,906
Other income/expense									2,529	6,591	(1,241)
Interest expense									16,129	3,407	2,431
Income tax expense									22,513	29,542	74,172
Net earnings (loss) attributable to Guess, Inc.	$ (79,604)	$ (12,423)	$ (25,322)	$ 21,374	$ (23,232)	$ 13,442	$ (25,530)	$ 21,221	(95,975)	(14,099)	7,894
Reclassifications out of accumulated other comprehensive income (loss)
Reclassifications out of accumulated other comprehensive income (loss) to net earnings (loss)
Net earnings (loss) attributable to Guess, Inc.									(6,627)	6,902	766
Derivative Financial Instruments Designated as Cash Flow Hedges \| Reclassifications out of accumulated other comprehensive income (loss)
Reclassifications out of accumulated other comprehensive income (loss) to net earnings (loss)
Cost of product sales									(7,776)	7,020	(14)
Other income/expense									0	201	583
Interest expense									(128)	(103)	87
Income tax expense									908	(712)	(242)
Net earnings (loss) attributable to Guess, Inc.									(6,996)	6,406	414
Net actuarial loss amortization \| Reclassifications out of accumulated other comprehensive income (loss)
Reclassifications out of accumulated other comprehensive income (loss) to net earnings (loss)
Other income/expense									446	600	462
Prior service credit amortization \| Reclassifications out of accumulated other comprehensive income (loss)
Reclassifications out of accumulated other comprehensive income (loss) to net earnings (loss)
Other income/expense									(39)	(28)	(27)
Defined Benefit Plans \| Reclassifications out of accumulated other comprehensive income (loss)
Reclassifications out of accumulated other comprehensive income (loss) to net earnings (loss)
Income tax expense									(38)	(76)	(83)
Net earnings (loss) attributable to Guess, Inc.									$ 369	$ 496	$ 352

Income Taxes - Narrative (Details) $ in Thousands, € in Millions	3 Months Ended					12 Months Ended
	Feb. 01, 2020 USD ($)	Feb. 01, 2020 EUR (€)	Feb. 02, 2019 USD ($)	Nov. 03, 2018 USD ($)	Feb. 03, 2018 USD ($)	Feb. 01, 2020 USD ($)	Feb. 02, 2019 USD ($)	Feb. 03, 2018 USD ($)	Feb. 01, 2020 EUR (€)	Dec. 31, 2019 USD ($)	Dec. 31, 2019 EUR (€)
Income Tax Disclosure
Provisional income tax expense (benefit)					$ 47,900
Income tax charge for remeasurement of deferred tax assets					24,900
Provisional charge for the estimated effects of the transitional tax on the deemed repatriation of foreign earnings as a result of the enactment of the Tax Reform			$ 25,800		$ 23,000
Income tax benefit from reversal of provisional amount			25,800	$ (19,600)
Valuation allowance	$ 30,760		32,810			$ 30,760	$ 32,810
Increase in valuation allowance						2,100
Operating loss carryforward	166,600					166,600
Operating loss carryforward with unlimited carryforward	17,600					17,600
Valuation allowance	21,800		22,900			21,800	22,900
Unrecognized tax benefit that may reduce our future annual effective tax rate	28,700					28,700
Accruals for uncertain tax positions	34,000		41,400			34,000	41,400
Interest and penalties related to uncertain tax positions						2,200	500	$ 500
Penalties related to uncertain tax positions	4,800		2,600			4,800	2,600
Foreign Tax Authority
Income Tax Disclosure
Operating loss carryforward	80,200					80,200
State/Provincial Tax Authority
Income Tax Disclosure
Operating loss carryforward	68,800					68,800
Retained Earnings \| Accounting Standards Update 2018-02
Income Tax Disclosure
Cumulative adjustment reclassified to retained earnings from adoption of new accounting guidance								$ 1,200
Other long-term liabilities
Income Tax Disclosure
Transition tax included in other long-term liabilities	19,900		$ 25,800			19,900	$ 25,800
Switzerland
Income Tax Disclosure
Income tax benefit recognized related to Swiss Tax Reform						8,100
Italy
Income Tax Disclosure
Liability related to Italian tax settlement										$ 11,100	€ 9.9
Income tax expense recognized related to Italian tax settlement	7,800	€ 7.0
Number of quarterly installments for payment of Italian tax settlement										16	16
Italy \| Other long-term liabilities
Income Tax Disclosure
Liability related to Italian tax settlement	8,300					8,300			€ 7.5
Italy \| Accrued expenses
Income Tax Disclosure
Liability related to Italian tax settlement	$ 2,000					$ 2,000			€ 1.8

Income Taxes - Income Tax Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Federal:
Current	$ 9,270	$ 16,495	$ 34,181
Deferred	2,263	4,543	21,595
State:
Current	1,622	1,408	1,903
Deferred	1,699	1,532	217
Foreign:
Current	17,166	3,385	7,333
Deferred	(9,507)	2,179	8,943
Total	$ 22,513	$ 29,542	$ 74,172

Income Taxes - Effective Income Tax Rate Reconciliation (Details) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Feb. 02, 2019	Nov. 03, 2018	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Effective Income Tax Rate Reconciliation, Percent [Abstract]
Computed “expected” tax rate			21.00%	21.00%	33.70%
State taxes, net of federal benefit			3.00%	1.10%	2.40%
Non-U.S. tax expense higher (lower) than federal statutory tax rate			0.00%	24.20%	(10.50%)
Tax Reform - repatriation tax adjustment			0.00%	(41.80%)	32.80%
Tax Reform - deferred tax adjustment			0.00%	0.00%	35.40%
Swiss tax reform			(6.50%)	0.00%	0.00%
Valuation reserve			(0.20%)	0.50%	12.90%
Unrecognized tax liabilities (benefits)			(6.20%)	51.30%	0.80%
Share-based compensation			0.90%	0.20%	1.50%
Net tax settlements			9.10%	0.00%	0.00%
Prior year tax adjustments			(1.80%)	0.30%	0.70%
Non-deductible permanent differences			0.60%	16.50%	(4.10%)
Foreign derived intangible income			(3.40%)	(10.20%)	0.00%
Other			1.70%	0.10%	0.00%
Effective tax rate			18.20%	63.20%	105.60%
Income tax benefit from reversal of provisional amount	$ 25.8	$ (19.6)

Income Taxes - Total Income Tax Expense (Benefit) (Details) - USD ($)	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018	Apr. 30, 2019
Income Tax Disclosure [Abstract]
Operations	$ 22,513,000	$ 29,542,000	$ 74,172,000
Stockholders' equity	(1,142,000)	3,006,000	(3,173,000)
Total income tax expense	21,371,000	$ 32,548,000	$ 70,999,000
2.00% Convertible Senior Notes Due 2024 \| Senior Notes
Total income tax expense (benefit)
Convertible debt issued				$ 300,000,000
Interest rate (as a percent)				2.00%
2.00% Convertible Senior Notes Due 2024 \| Senior Notes \| Paid-in Capital
Total income tax expense (benefit)
Net deferred tax asset related to the convertible senior notes included in paid in capital	$ (1,300,000)

Income Taxes - Tax Effects of Components of OCI (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Operating Loss Carryforwards [Line Items]
Derivative financial instruments designated as cash flow hedges	$ 80	$ 2,402	$ (2,738)
Defined benefit plans	68	604	(435)
Total income tax expense (benefit)	$ 148	$ 3,006	(3,173)
Retained Earnings \| Accounting Standards Update 2018-02
Operating Loss Carryforwards [Line Items]
Cumulative adjustment reclassified to retained earnings from adoption of new accounting guidance			$ 1,200

Income Taxes - Earnings Before Income Tax and NCI (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Income Tax Disclosure [Abstract]
Domestic operations	$ 91,008	$ 97,885	$ 39,112
Foreign operations	32,734	(51,177)	31,159
Earnings before income tax expense	$ 123,742	$ 46,708	$ 70,271

Income Taxes - Deferred Taxes (Details) - USD ($) $ in Thousands	Feb. 01, 2020	Feb. 02, 2019
Deferred tax assets:
Operating lease liabilities	$ 187,981	$ 0
Net operating losses	24,156	23,212
Defined benefit plans	12,539	12,883
Convertible senior notes hedge transactions	12,284	0
Deferred compensation	9,282	9,823
Goodwill amortization	7,301	0
Deferred income	5,568	4,373
Inventory valuation	3,378	1,339
Lease incentives	3,272	1,337
Account receivable reserve	2,043	2,009
Accrued bonus	1,993	2,208
Sales return and other reserves	1,981	1,933
Uniform capitalization	890	1,419
Rent expense	0	7,114
Excess of book over tax depreciation/amortization	0	6,638
Other	14,296	18,883
Total deferred tax assets	286,964	93,171
Deferred tax liabilities:
Operating right-of-use assets	(175,370)	0
Convertible senior notes debt discount	(11,167)	0
Goodwill amortization	0	(2,267)
Other	(6,112)	(870)
Valuation allowance	(30,760)	(32,810)
Net deferred tax assets	$ 63,555	$ 57,224

Income Taxes - Unrecognized Tax Benefits (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Beginning balance	$ 38,751	$ 16,771	$ 12,983
Additions:
Tax positions related to the prior year	3,074	25,822	3,129
Tax positions related to the current year	264	267	222
Reductions:
Tax positions related to the prior year	(12,658)	(2,934)	(355)
Tax positions related to the current year	0	(449)	(303)
Expiration of statutes of limitations	0	0	(206)
Decrease in foreign currency translation	(248)	(726)
Increase in foreign currency translation			1,301
Ending balance	$ 29,183	$ 38,751	$ 16,771

Defined Benefit Plans - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Feb. 01, 2020	Dec. 31, 2019	Feb. 02, 2019	Dec. 31, 2018	Feb. 03, 2018
SERP
Defined Benefit Plan Disclosure [Line Items]
Discount rate assumed as part of the actuarial valuation performed to calculate the projected benefit obligation and fair value of the plan assets (as a percent)	2.50%		3.80%
Defined Benefit Plan, Expected Future Benefit Payment [Abstract]
Defined benefit plan, expected future benefit payment over the next twelve months	$ 1.7
Defined benefit plan, expected future benefit payment in year two	1.9
Defined benefit plan, expected future benefit payment in year three	1.9
Defined benefit plan, expected future benefit payment in year four	1.9
Defined benefit plan, expected future benefit payment in year five	1.8
Defined benefit plan, expected future benefit payment in the following five fiscal years	$ 18.2
Pension Plan \| Switzerland
Defined Benefit Plan Disclosure [Line Items]
Discount rate assumed as part of the actuarial valuation performed to calculate the projected benefit obligation and fair value of the plan assets (as a percent)	(0.15%)		0.70%
Amount of actuarial losses, included in comprehensive income (loss), that are expected to be recognized as a component of net periodic defined benefit pension cost in the next fiscal year	$ 0.3
Defined Benefit Plan, Expected Future Benefit Payment [Abstract]
Minimum investment return (as a percent)		1.00%		1.00%
Expected return on plan assets assumed as a part of the actuarial valuation performed to calculate the projected benefit obligation and plan assets (as a percent)	0.50%		1.20%
Other assets \| SERP
Defined Benefit Plan Disclosure [Line Items]
Cash surrender values of the insurance policies held in a rabbi trust	$ 67.7		$ 61.7
Other income/expense \| SERP
Defined Benefit Plan Disclosure [Line Items]
Gains (losses) as a result of changes in value of the insurance policy investments, included in other income and expense	$ 7.6		$ (1.1)		$ 7.7

Defined Benefit Plans - Net Periodic Defined Benefit Cost, Amounts in AOCI and Funded Status (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Feb. 03, 2018	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Components of net periodic defined benefit pension cost and other charges to comprehensive income (loss) and accumulated other comprehensive income (loss)
Service cost		$ 3,211	$ 3,039	$ 2,500
Interest cost		2,194	2,112	1,991
Expected return on plan assets		(310)	(303)	(244)
Net amortization of unrecognized prior service credit		(39)	(28)	(27)
Net amortization of actuarial losses		446	600	462
Net periodic defined benefit pension cost		5,502	5,420	4,682
Unrecognized prior service credit charged to comprehensive income (loss)		(39)	(28)	(27)
Unrecognized net actuarial loss charged to comprehensive income (loss)		446	600	462
Net actuarial gains (losses)		406	1,733	(2,248)
Foreign currency and other adjustments		(34)	311	(269)
Related tax impact		(68)	(604)	435
Total periodic defined benefit pension cost and other charges to other comprehensive income (loss) and accumulated other comprehensive income (loss)		711	2,012	(1,647)
Total periodic defined benefit pension cost and other charges to accumulated other comprehensive income (loss)				(3,082)
Amounts not yet recognized in net periodic defined benefit pension cost, included in accumulated other comprehensive income (loss), before tax
Unrecognized prior service credit		(227)	(159)
Unrecognized net actuarial loss		11,062	11,773
Total included in accumulated other comprehensive loss		10,835	11,614
Funded status and the amounts recognized in the Company's consolidated balance sheets
Projected benefit obligation	$ (81,169)	(86,718)	(83,267)	(81,169)
Plan assets at fair value		28,893	25,358
Net liability		(57,825)	(57,909)
SERP
Components of net periodic defined benefit pension cost and other charges to comprehensive income (loss) and accumulated other comprehensive income (loss)
Service cost		0	0	0
Interest cost		1,924	1,887	1,844
Expected return on plan assets		0	0	0
Net amortization of unrecognized prior service credit		0	0	0
Net amortization of actuarial losses		62	187	151
Net periodic defined benefit pension cost		1,986	2,074	1,995
Unrecognized prior service credit charged to comprehensive income (loss)		0	0	0
Unrecognized net actuarial loss charged to comprehensive income (loss)		62	187	151
Net actuarial gains (losses)		449	2,787	(1,092)
Foreign currency and other adjustments		0	0	0
Related tax impact		(118)	(686)	360
Total periodic defined benefit pension cost and other charges to other comprehensive income (loss) and accumulated other comprehensive income (loss)		393	2,288	(581)
Total periodic defined benefit pension cost and other charges to accumulated other comprehensive income (loss)				(2,016)
Amounts not yet recognized in net periodic defined benefit pension cost, included in accumulated other comprehensive income (loss), before tax
Unrecognized prior service credit		0	0
Unrecognized net actuarial loss		5,969	6,480
Total included in accumulated other comprehensive loss		5,969	6,480
Funded status and the amounts recognized in the Company's consolidated balance sheets
Projected benefit obligation	(54,760)	(51,939)	(52,162)	(54,760)
Plan assets at fair value		0	0
Net liability		(51,939)	(52,162)
Foreign Plan \| Pension
Components of net periodic defined benefit pension cost and other charges to comprehensive income (loss) and accumulated other comprehensive income (loss)
Service cost		3,211	3,039	2,500
Interest cost		270	225	147
Expected return on plan assets		(310)	(303)	(244)
Net amortization of unrecognized prior service credit		(39)	(28)	(27)
Net amortization of actuarial losses		384	413	311
Net periodic defined benefit pension cost		3,516	3,346	2,687
Unrecognized prior service credit charged to comprehensive income (loss)		(39)	(28)	(27)
Unrecognized net actuarial loss charged to comprehensive income (loss)		384	413	311
Net actuarial gains (losses)		(43)	(1,054)	(1,156)
Foreign currency and other adjustments		(34)	311	(269)
Related tax impact		50	82	75
Total periodic defined benefit pension cost and other charges to other comprehensive income (loss) and accumulated other comprehensive income (loss)		318	(276)	(1,066)
Total periodic defined benefit pension cost and other charges to accumulated other comprehensive income (loss)				(1,066)
Amounts not yet recognized in net periodic defined benefit pension cost, included in accumulated other comprehensive income (loss), before tax
Unrecognized prior service credit		(227)	(159)
Unrecognized net actuarial loss		5,093	5,293
Total included in accumulated other comprehensive loss		4,866	5,134
Funded status and the amounts recognized in the Company's consolidated balance sheets
Projected benefit obligation	(26,409)	(34,779)	(31,105)	(26,409)
Plan assets at fair value	21,437	28,893	25,358	21,437
Net liability		(5,886)	(5,747)
Defined Benefit Plans
Components of net periodic defined benefit pension cost and other charges to comprehensive income (loss) and accumulated other comprehensive income (loss)
Cumulative adjustment reclassified to retained earnings from adoption of new accounting guidance				(1,435)
Defined Benefit Plans \| SERP
Components of net periodic defined benefit pension cost and other charges to comprehensive income (loss) and accumulated other comprehensive income (loss)
Cumulative adjustment reclassified to retained earnings from adoption of new accounting guidance				(1,435)
Defined Benefit Plans \| Foreign Plan \| Pension
Components of net periodic defined benefit pension cost and other charges to comprehensive income (loss) and accumulated other comprehensive income (loss)
Cumulative adjustment reclassified to retained earnings from adoption of new accounting guidance				0
Accounting Standards Update 2018-02 \| Retained Earnings
Components of net periodic defined benefit pension cost and other charges to comprehensive income (loss) and accumulated other comprehensive income (loss)
Cumulative adjustment reclassified to retained earnings from adoption of new accounting guidance				$ 1,200
Accounting Standards Update 2018-02 \| Retained Earnings \| SERP
Components of net periodic defined benefit pension cost and other charges to comprehensive income (loss) and accumulated other comprehensive income (loss)
Cumulative adjustment reclassified to retained earnings from adoption of new accounting guidance	$ 1,400
Other assets \| SERP
Funded status and the amounts recognized in the Company's consolidated balance sheets
Cash surrender values of the insurance policies held in a rabbi trust		$ 67,700	$ 61,700

Defined Benefit Plans - Changes in Project Benefit Obligation (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Balance at the beginning of the period	$ 83,267	$ 81,169
Service cost	3,211	3,039	$ 2,500
Interest cost	2,194	2,112	1,991
Actuarial (gains) losses	(531)	(1,733)
Contributions by plan participants	2,920	2,310
Payments	(4,990)	(3,522)
Acquisition		1,539
Foreign currency and other adjustments	647	(1,647)
Balance at the end of the period	86,718	83,267	81,169
SERP
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Balance at the beginning of the period	52,162	54,760
Service cost	0	0	0
Interest cost	1,924	1,887	1,844
Actuarial (gains) losses	(449)	(2,787)
Contributions by plan participants	0	0
Payments	(1,698)	(1,698)
Acquisition		0
Foreign currency and other adjustments	0	0
Balance at the end of the period	51,939	52,162	54,760
Pension Plan \| Foreign Plan
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Balance at the beginning of the period	31,105	26,409
Service cost	3,211	3,039	2,500
Interest cost	270	225	147
Actuarial (gains) losses	(82)	1,054
Contributions by plan participants	2,920	2,310
Payments	(3,292)	(1,824)
Acquisition		1,539
Foreign currency and other adjustments	647	(1,647)
Balance at the end of the period	$ 34,779	$ 31,105	$ 26,409

Defined Benefit Plans - Changes in Plan Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Balance at beginning of period	$ 25,358
Balance at end of period	28,893	$ 25,358
Pension Plan \| Foreign Plan
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Balance at beginning of period	25,358	21,437
Actual return on plan assets	186	252
Contributions by employer	3,158	3,308
Contributions by plan participants	2,920	2,310
Payments	(3,292)	(1,824)
Acquisition		1,186
Foreign currency and other adjustments	563	(1,311)
Balance at end of period	$ 28,893	$ 25,358

Related Party Transactions (Details) - Marciano Trusts $ in Millions	12 Months Ended
	Feb. 01, 2020 USD ($) lease	Feb. 02, 2019 USD ($)	Feb. 03, 2018 USD ($)
Related Party Transactions
Number of leases under lease agreement \| lease	4
Related party leases
Related Party Transactions
Expenses under related party arrangement	$ 5.1	$ 5.0	$ 4.9
Fees incurred for aircraft charter
Related Party Transactions
Payments under related party transaction	$ 0.4	$ 1.0	$ 1.1

Commitments and Contingencies - Other Narrative (Details) - 12 months ended Feb. 01, 2020 € in Millions, $ in Millions	USD ($) subsidiary	EUR (€) subsidiary	EUR (€)
Other Commitments [Line Items]
Purchase commitments \| $	$ 208.6
Italian customs tax audit and appeals \| Europe \| Pending litigation \| Italy
Other Commitments [Line Items]
Number of subsidiaries under audit by the Italian Customs Agency \| subsidiary	1	1
Customs tax assessments including potential penalties and interest	$ 10.9		€ 9.8
Appealed custom tax assessments	10.8	€ 9.7
Italian customs tax audit and appeals \| Europe \| Pending litigation \| Italy \| Appeals Court
Other Commitments [Line Items]
Amount with appealed ruling in favor of the Company	9.4	8.5
Monetary damages awarded by court to the plaintiff	1.4	1.2
Italian customs tax audit and appeals \| Europe \| Pending litigation \| Italy \| Italian Supreme Court
Other Commitments [Line Items]
Amount being reconsidered in lower court	1.3	1.1
Italian customs tax audit and appeals \| Europe \| Settled litigation \| Italy \| Italian Supreme Court
Other Commitments [Line Items]
Amount with appealed ruling in favor of the Company	0.5	€ 0.4
Private equity fund
Other Commitments [Line Items]
Unfunded commitment to invest in private equity fund	$ 4.0		€ 3.6

Commitments and Contingencies - Redeemable Noncontrolling Interests (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018	Feb. 01, 2020
Redeemable noncontrolling interests put arrangements
Redeemable noncontrolling interests	$ 4,731	$ 4,853	$ 5,590	$ 4,731
Redeemable noncontrolling interests reconciliation
Beginning balance	4,853	5,590
Foreign currency translation adjustment	(122)	(737)
Ending balance	4,731	4,853	5,590
Guess Brazil
Redeemable noncontrolling interests put arrangements
Total outstanding equity interest in subsidiary covered by put arrangement (as a percent)				40.00%
Redeemable noncontrolling interests	1,200	1,400		$ 1,200
Redeemable noncontrolling interests reconciliation
Beginning balance	1,400
Ending balance	1,200	1,400
Guess CIS
Redeemable noncontrolling interests put arrangements
Total outstanding equity interest in subsidiary covered by put arrangement (as a percent)				30.00%
Total cash contributions in the joint venture made by the Company and the noncontrolling interest holder			3,200
Payments made by the Company related to its controlling interest in joint venture			$ 2,200
Redeemable noncontrolling interests	3,500	3,500		$ 3,500
Redeemable noncontrolling interests reconciliation
Beginning balance	3,500
Ending balance	$ 3,500	$ 3,500

Savings Plan (Details) - USD ($) $ in Millions	12 Months Ended
Savings Plan (Details) - USD ($) $ in Millions	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Savings Plan
Savings Plan
Employee contribution limit per calendar year (as a percent of compensation)	100.00%
Employer contribution limit (as a percent of compensation)	3.00%
Company's contributions to the savings plan	$ 1.4	$ 1.2	$ 1.1
Accrued expenses and other long-term liabilities
Savings Plan
Deferred compensation liability	14.1	14.4
Other assets
Savings Plan
Deferred compensation, long-term asset	14.2	14.3
Other income/expense \| DCP
Savings Plan
Deferred compensation plan, gains (losses) related to the change in the value of the insurance policy investments	$ 1.5	$ (0.4)	$ 1.7

Quarterly Information (Unaudited) (Details) $ / shares in Units, € in Millions	1 Months Ended		3 Months Ended										6 Months Ended	12 Months Ended
	Dec. 31, 2018 USD ($)	Dec. 31, 2018 EUR (€)	Feb. 01, 2020 USD ($) $ / shares	Nov. 02, 2019 USD ($) $ / shares	Aug. 03, 2019 USD ($) $ / shares	May 04, 2019 USD ($) $ / shares	Feb. 02, 2019 USD ($) $ / shares	Feb. 02, 2019 EUR (€)	Nov. 03, 2018 USD ($) $ / shares	Nov. 03, 2018 EUR (€)	Aug. 04, 2018 USD ($) $ / shares	May 05, 2018 USD ($) $ / shares	Aug. 04, 2018	Feb. 01, 2020 USD ($) $ / shares	Feb. 02, 2019 USD ($) $ / shares	Feb. 02, 2019 EUR (€)	Feb. 03, 2018 USD ($) $ / shares	Apr. 30, 2019 USD ($)
Summary of the unaudited quarterly financial information
Net revenue			$ 842,254,000	$ 615,944,000	$ 683,220,000	$ 536,691,000	$ 837,127,000		$ 605,407,000		$ 645,871,000	$ 521,289,000
Gross profit			338,594,000	229,499,000	265,666,000	181,949,000	306,092,000		220,143,000		239,431,000	173,938,000		$ 1,015,708,000	$ 939,604,000		$ 828,848,000
Net earnings (loss)			82,049,000	13,585,000	26,176,000	(20,581,000)	25,235,000		(12,816,000)		25,734,000	(20,987,000)		101,229,000	17,166,000		(3,901,000)
Net earnings (loss) attributable to Guess, Inc.			$ 79,604,000	$ 12,423,000	$ 25,322,000	$ (21,374,000)	$ 23,232,000		$ (13,442,000)		$ 25,530,000	$ (21,221,000)		$ 95,975,000	$ 14,099,000		$ (7,894,000)
Net earnings (loss) per common share attributable to common stockholders:
Basic (in dollars per share) \| $ / shares			$ 1.21	$ 0.19	$ 0.36	$ (0.27)	$ 0.29		$ (0.17)		$ 0.32	$ (0.27)		$ 1.35	$ 0.17		$ (0.11)
Diluted (in dollars per share) \| $ / shares			$ 1.18	$ 0.18	$ 0.35	$ (0.27)	$ 0.28		$ (0.17)		$ 0.31	$ (0.27)		$ 1.33	$ 0.16		$ (0.11)
Selected quarterly financial information
Fiscal period duration			91 days	91 days	91 days	91 days	91 days	91 days	91 days	91 days		91 days	91 days	364 days	364 days	364 days	371 days
Professional service and legal costs and related (credits) costs			$ (100,000)	$ (1,400,000)	$ 400,000	$ 300,000	$ 200,000		$ 100,000		$ 2,000,000.0	$ 3,800,000
Net gains (losses) on lease terminations							(300,000)		0		0	(200,000)		$ 0	$ (477,000)		$ 11,373,000
Asset impairment charges			4,900,000	$ 1,800,000	$ 1,500,000	$ 1,800,000	1,900,000		1,300,000		$ 3,000,000.0	$ 700,000		7,546,000	6,939,000
European Commission fine	$ 45,600,000	€ 39.8					3,200,000	€ 2.8	42,400,000	€ 37.0				$ 0	$ 45,600,000	€ 39.8	$ 0
Change in estimate related to U.S. Tax Reform							25,800,000		$ (19,600,000)
CEO
Selected quarterly financial information
Separation charges							5,200,000
Cash related severance payments							2,400,000
Non-cash stock-based compensation expenses			$ 400,000				$ 2,800,000
Senior Notes \| 2.00% Convertible Senior Notes Due 2024
Selected quarterly financial information
Convertible debt issued																		$ 300,000,000

Segment Information (Details) € in Millions	1 Months Ended		3 Months Ended										6 Months Ended	12 Months Ended
Segment Information (Details) € in Millions	Dec. 31, 2018 USD ($)	Dec. 31, 2018 EUR (€)	Feb. 01, 2020	Nov. 02, 2019	Aug. 03, 2019	May 04, 2019	Feb. 02, 2019 USD ($)	Feb. 02, 2019 EUR (€)	Nov. 03, 2018 USD ($)	Nov. 03, 2018 EUR (€)	Aug. 04, 2018 USD ($)	May 05, 2018 USD ($)	Aug. 04, 2018	Feb. 01, 2020 USD ($)	Feb. 02, 2019 USD ($)	Feb. 02, 2019 EUR (€)	Feb. 03, 2018 USD ($)
Segment information of net revenue, earnings (loss) from operations, capital expenditures and total assets
Net revenue														$ 2,678,109,000	$ 2,609,694,000		$ 2,363,754,000
European Commission fine	$ (45,600,000)	€ (39.8)					$ (3,200,000)	€ (2.8)	$ (42,400,000)	€ (37.0)				0	(45,600,000)	€ (39.8)	0
Asset impairment charges														(9,977,000)	(6,939,000)		(8,479,000)
Net gains (losses) on lease terminations							$ 300,000		$ 0		$ 0	$ 200,000		0	477,000		(11,373,000)
Earnings (loss) from operations														140,671,000	52,212,000		67,355,000
Capital expenditures														$ 61,868,000	$ 108,117,000		$ 84,655,000
Fiscal period duration			91 days	91 days	91 days	91 days	91 days	91 days	91 days	91 days		91 days	91 days	364 days	364 days	364 days	371 days
Operating segments
Segment information of net revenue, earnings (loss) from operations, capital expenditures and total assets
Earnings (loss) from operations														$ 257,596,000	$ 201,116,000		$ 187,641,000
Corporate overhead
Segment information of net revenue, earnings (loss) from operations, capital expenditures and total assets
Earnings (loss) from operations														(106,948,000)	(96,805,000)		(100,434,000)
Capital expenditures														1,659,000	7,877,000		7,923,000
Reconciling items
Segment information of net revenue, earnings (loss) from operations, capital expenditures and total assets
European Commission fine														0	(45,637,000)		0
Asset impairment charges														(9,977,000)	(6,939,000)		(8,479,000)
Net gains (losses) on lease terminations														0	477,000		(11,373,000)
Americas Retail \| Operating segments
Segment information of net revenue, earnings (loss) from operations, capital expenditures and total assets
Net revenue														811,547,000	824,674,000		833,077,000
Earnings (loss) from operations														22,279,000	27,532,000		(11,096,000)
Capital expenditures														19,411,000	19,614,000		16,899,000
Americas Wholesale \| Operating segments
Segment information of net revenue, earnings (loss) from operations, capital expenditures and total assets
Net revenue														186,389,000	170,812,000		150,366,000
Earnings (loss) from operations														35,674,000	29,935,000		25,845,000
Capital expenditures														980,000	376,000		1,303,000
Europe \| Operating segments
Segment information of net revenue, earnings (loss) from operations, capital expenditures and total assets
Net revenue														1,248,114,000	1,142,768,000		998,657,000
Earnings (loss) from operations														134,078,000	58,298,000		94,545,000
Capital expenditures														33,036,000	56,792,000		46,419,000
Asia \| Operating segments
Segment information of net revenue, earnings (loss) from operations, capital expenditures and total assets
Net revenue														346,212,000	388,246,000		308,899,000
Earnings (loss) from operations														(8,894,000)	12,365,000		14,809,000
Capital expenditures														6,782,000	23,458,000		12,111,000
Licensing \| Operating segments
Segment information of net revenue, earnings (loss) from operations, capital expenditures and total assets
Net revenue														85,847,000	83,194,000		72,755,000
Earnings (loss) from operations														74,459,000	72,986,000		63,538,000
Net royalties
Segment information of net revenue, earnings (loss) from operations, capital expenditures and total assets
Net revenue														$ 85,847,000	$ 83,194,000		$ 72,755,000

Segment Information (Details 2) - USD ($) $ in Thousands	12 Months Ended
Segment Information (Details 2) - USD ($) $ in Thousands	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Information related to geographic areas in which the Company operated
Net revenue	$ 2,678,109	$ 2,609,694	$ 2,363,754
Long-lived assets	1,182,699	386,449
Operating right-of-use assets	851,990	0
U.S.
Information related to geographic areas in which the Company operated
Long-lived assets	352,203	111,022
Italy
Information related to geographic areas in which the Company operated
Long-lived assets	103,594	30,038
Canada
Information related to geographic areas in which the Company operated
Long-lived assets	43,258	13,225
Spain
Information related to geographic areas in which the Company operated
Long-lived assets	124,810	31,109
South Korea
Information related to geographic areas in which the Company operated
Long-lived assets	8,597	9,437
France
Information related to geographic areas in which the Company operated
Long-lived assets	40,869	18,182
Other foreign countries
Information related to geographic areas in which the Company operated
Long-lived assets	509,368	173,436
Product sales
Information related to geographic areas in which the Company operated
Net revenue	2,592,262	2,526,500	2,290,999
Product sales \| U.S.
Information related to geographic areas in which the Company operated
Net revenue	725,938	722,794	709,155
Product sales \| Italy
Information related to geographic areas in which the Company operated
Net revenue	298,124	304,435	289,981
Product sales \| Canada
Information related to geographic areas in which the Company operated
Net revenue	180,947	187,367	200,364
Product sales \| Spain
Information related to geographic areas in which the Company operated
Net revenue	152,782	145,819	124,569
Product sales \| South Korea
Information related to geographic areas in which the Company operated
Net revenue	144,955	162,943	163,382
Product sales \| France
Information related to geographic areas in which the Company operated
Net revenue	129,505	135,060	125,508
Product sales \| Other foreign countries
Information related to geographic areas in which the Company operated
Net revenue	960,011	868,082	678,040
Net royalties
Information related to geographic areas in which the Company operated
Net revenue	$ 85,847	$ 83,194	$ 72,755

Earnings (Loss) Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands		1 Months Ended	3 Months Ended								12 Months Ended
	May 01, 2019	Apr. 30, 2019	Feb. 01, 2020	Nov. 02, 2019	Aug. 03, 2019	May 04, 2019	Feb. 02, 2019	Nov. 03, 2018	Aug. 04, 2018	May 05, 2018	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Earnings Per Share [Abstract]
Net earnings (loss) attributable to Guess, Inc.			$ 79,604	$ 12,423	$ 25,322	$ (21,374)	$ 23,232	$ (13,442)	$ 25,530	$ (21,221)	$ 95,975	$ 14,099	$ (7,894)
Less net earnings attributable to nonvested restricted stockholders											850	756	764
Net earnings (loss) attributable to common stockholders											$ 95,125	$ 13,343	$ (8,658)
Weighted average common shares used in basic computations											70,461,000	80,146,000	82,189,000
Effect of dilutive securities:
Stock options and restricted stock units (in shares)											1,208,000	1,443,000	0
Weighted average common shares used in diluted computations											71,669,000	81,589,000	82,189,000
Net earnings (loss) per common share attributable to common stockholders:
Basic (in dollars per share)			$ 1.21	$ 0.19	$ 0.36	$ (0.27)	$ 0.29	$ (0.17)	$ 0.32	$ (0.27)	$ 1.35	$ 0.17	$ (0.11)
Diluted (in dollars per share)			$ 1.18	$ 0.18	$ 0.35	$ (0.27)	$ 0.28	$ (0.17)	$ 0.31	$ (0.27)	$ 1.33	$ 0.16	$ (0.11)
Antidilutive securities excluded from computation of earnings per share
Antidilutive equity awards excluded from computation of diluted weighted average common shares (in shares)											2,911,685	1,526,717	2,925,549
Conversion price (in dollars per share)	$ 46.88	$ 25.78									$ 25.78
Warrants outstanding (in shares)		11,600,000	11,600,000								11,600,000
Strike price of warrants (in dollars per share)		$ 46.88	$ 46.88								$ 46.88
Potentially dilutive shares
Antidilutive securities excluded from computation of earnings per share
Antidilutive equity awards excluded from computation of diluted weighted average common shares (in shares)												652,494
Performance-based or market-based units
Antidilutive securities excluded from computation of earnings per share
Awards subject to performance or market conditions that were excluded from the computation of diluted weighted average common shares (in shares)											240,143	928,026	899,345

Share-Based Compensation - Narrative (Details) $ / shares in Units, $ in Thousands		12 Months Ended
	Feb. 20, 2019 shares	Feb. 01, 2020 USD ($) plan $ / shares shares	Feb. 02, 2019 USD ($) $ / shares shares	Feb. 03, 2018 USD ($) $ / shares shares	Feb. 03, 2019 USD ($)	Feb. 04, 2018 USD ($)	May 18, 2017 shares	Jan. 29, 2017 USD ($)	May 19, 2016 shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of share-based compensation plans \| plan		4
Stock options granted (in shares) \| shares		1,812,800
Cumulative adjustment reclassified to retained earnings from adoption of new accounting guidance					$ (297)	$ (5,829)		$ 0
Weighted average fair values of stock options granted during the period (in dollars per share) \| $ / shares		$ 5.50	$ 5.89	$ 1.57
Total intrinsic value of options exercised (in dollars)		$ 2,900	$ 3,400	$ 700
Cash received from option exercises		6,600	8,900	1,400
Share-based compensation expense		24,290	19,973	18,852
Unrecognized compensation cost related to nonvested stock options		8,600
CEO
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options granted (in shares) \| shares	600,000
Stock option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense		2,811	2,563	2,345
Income tax benefit on recognized compensation cost		$ 700
Weighted average period for recognition of unrecognized compensation cost (in years/months/days)		2 years
Stock option \| Selling, general and administrative expenses
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense		$ 2,800
Stock awards or units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock awards or units granted (in shares) \| shares		1,073,555
Share-based compensation expense		$ 21,250	$ 17,187	$ 16,347
Income tax benefit on recognized compensation cost		$ 5,000
Weighted average period for recognition of unrecognized compensation cost (in years/months/days)		1 year 7 months 6 days
Excess tax shortfall		$ 1,100
Granted (in dollars per share) \| $ / shares		$ 19.14	$ 20.81	$ 11.41
Total fair value at grant date of previously nonvested stock awards/units that were vested during the period		$ 16,600	$ 10,900	$ 18,400
Total intrinsic value of nonvested stock awards/units that vested during the period		16,800	$ 14,600	$ 12,600
Total intrinsic value of nonvested stock awards/units outstanding		44,600
Total unrecognized compensation cost		17,800
Stock awards or units \| Selling, general and administrative expenses
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense		$ 21,300
Performance-based units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock awards or units granted (in shares) \| shares		455,339
Granted (in dollars per share) \| $ / shares		$ 18.33
Performance units \| CEO
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock awards or units granted (in shares) \| shares	250,000
Performance units \| Vesting, Tranche one
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period		1 year
Performance units \| Minimum \| Vesting, annual vesting periods after initial vesting period
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period		2 years
Performance units \| Maximum \| Vesting, annual vesting periods after initial vesting period
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period		3 years
Target performance units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period		3 years
Target performance units \| Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting rights based on the satisfaction of certain performance or market-based criteria (as a percentage)		0.00%
Target performance units \| Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting rights based on the satisfaction of certain performance or market-based criteria (as a percentage)		200.00%
Market-based units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period		3 years
Stock awards or units granted (in shares) \| shares		17,557
Period which award is subject to a market condition (in years)		3 years
Granted (in dollars per share) \| $ / shares		$ 15.20
Market-based units \| Vesting, Tranche one
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period		3 years
Market-based units \| Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting rights based on the satisfaction of certain performance or market-based criteria (as a percentage)		0.00%
Market-based units \| Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting rights based on the satisfaction of certain performance or market-based criteria (as a percentage)		150.00%
Contingently returnable restricted stock units \| CEO
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock awards or units granted (in shares) \| shares	150,000
Implied service period	1 year
2004 Equity Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Authorized number of shares (in shares) \| shares		29,100,000					15,000,000
Shares available for grant under the plan (in shares) \| shares		12,595,751	13,622,590
2004 Equity Incentive Plan \| Stock option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Term of award		10 years
Vesting rights (as a percentage)		25.00%
2004 Equity Incentive Plan \| Stock option \| Vesting, Tranche one
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period		9 months	9 months	9 months
2004 Equity Incentive Plan \| Stock option \| Vesting, Tranche two
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period		1 year	1 year	1 year
2004 Equity Incentive Plan \| Stock option \| Vesting, Tranche three
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period		1 year	1 year	1 year
2004 Equity Incentive Plan \| Stock option \| Vesting, Tranche four
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period		1 year	1 year	1 year
2004 Equity Incentive Plan \| Stock awards or units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number that new grants on or after May 1, 2017 are counted against shares authorized (excluding stock options or stock appreciation rights) (in shares) \| shares		3.54
Vesting rights (as a percentage)		25.00%
2004 Equity Incentive Plan \| Stock awards or units \| Vesting, Tranche one
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period		9 months	9 months	9 months
2004 Equity Incentive Plan \| Stock awards or units \| Vesting, Tranche two
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period		1 year	1 year	1 year
2004 Equity Incentive Plan \| Stock awards or units \| Vesting, Tranche three
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period		1 year	1 year	1 year
2004 Equity Incentive Plan \| Stock awards or units \| Vesting, Tranche four
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period		1 year	1 year	1 year
Employee Stock Purchase Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Authorized number of shares (in shares) \| shares		4,000,000
Purchase price of the Company's common stock determined as the lower of the closing price at the beginning or end of the quarterly stock purchase period (expressed as a percentage)		85.00%
Minimum holding period for shares purchased under the ESPP (in months)		6 months
Period before quarter end prohibited for trading, as per Company's securities trading policy		14 days
Period after public announcement of earnings prohibited for trading, as per Company's securities trading policy (in days)		2 days
Weighted average fair values of stock options granted during the period (in dollars per share) \| $ / shares		$ 4.29	$ 5.17	$ 2.85
Share-based compensation expense		$ 229	$ 223	$ 160
Issuance of stock under Employee Stock Purchase Plan (in shares) \| shares		53,424	43,737	54,300
Issuance of stock pursuant to ESPP (in dollars per share) \| $ / shares		$ 14.65	$ 16.88	$ 10.45
2006 Non-Employee Directors Stock Grant and Stock Option Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Authorized number of shares (in shares) \| shares		1,850,000							2,000,000
Shares available for grant under the plan (in shares) \| shares		357,404	423,873
Retained Earnings
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Cumulative adjustment reclassified to retained earnings from adoption of new accounting guidance					$ 1,684	$ (5,829)		(942)
Retained Earnings \| Accounting Standards Update 2016-09
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Cumulative adjustment reclassified to retained earnings from adoption of new accounting guidance								$ 300

Share-Based Compensation - Share-based Compensation Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	$ 24,290	$ 19,973	$ 18,852
Stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	2,811	2,563	2,345
Stock awards or units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	21,250	17,187	16,347
Employee Stock Purchase Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	$ 229	$ 223	$ 160

Share-Based Compensation - Stock Options Activity (Details) $ / shares in Units, $ in Thousands	12 Months Ended
	Feb. 01, 2020 USD ($) $ / shares shares
Number of Shares
Options outstanding at the beginning of the period (in shares) \| shares	3,580,909
Granted (in shares) \| shares	1,812,800
Exercised (in shares) \| shares	(455,781)
Forfeited (in shares) \| shares	(1,145,066)
Expired (in shares) \| shares	(248,775)
Options outstanding at the end of the period (in shares) \| shares	3,544,087
Exercisable at the end of the period (in shares) \| shares	1,537,712
Weighted Average Exercise Price
Options outstanding at the beginning of the period (in dollars per share) \| $ / shares	$ 20.71
Granted (in dollars per share) \| $ / shares	17.02
Exercised (in dollars per share) \| $ / shares	14.57
Forfeited (in dollars per share) \| $ / shares	18.82
Expired (in dollars per share) \| $ / shares	23.19
Options outstanding at the end of the period (in dollars per share) \| $ / shares	20.10
Exercisable at the end of the period (in dollars per share) \| $ / shares	$ 24.34
Weighted Average Remaining Contractual Term (Years)
Options outstanding at the end of the period (in years/months/days)	7 years 7 days
Exercisable at the end of the period (in years/months/days)	4 years 6 months 10 days
Aggregate Intrinsic Value
Options outstanding at the end of the period (in dollars) \| $	$ 13,102
Exercisable at the end of the period (in dollars) \| $	$ 4,152

Share-Based Compensation - Assumptions (Details)	12 Months Ended
Share-Based Compensation - Assumptions (Details)	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Employee Stock Purchase Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate	2.00%	2.00%	1.00%
Expected stock price volatility	51.70%	59.10%	45.80%
Expected dividend yield	3.40%	4.60%	7.60%
Expected life of options	3 months	3 months	3 months
Market-based units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate		2.60%	1.40%
Expected stock price volatility		42.10%	39.70%
Expected dividend yield		0.00%	0.00%
Expected life of options		2 years 7 months 6 days	2 years 9 months 18 days
Stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate	2.30%	2.30%	1.50%
Expected stock price volatility	48.90%	46.10%	37.10%
Expected dividend yield	3.40%	4.30%	8.00%
Expected life of options	4 years 4 months 24 days	4 years 4 months 24 days	4 years 4 months 24 days

Share-Based Compensation - Stock Awards/Units Activity (Details) - $ / shares	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Stock awards or units
Number of Shares/Units
Nonvested at the beginning of the period (in shares)	2,632,169
Granted (in shares)	1,073,555
Vested (in shares)	(960,846)
Forfeited (in shares)	(647,625)
Nonvested at the end of the period (in shares)	2,097,253	2,632,169
Weighted Average Grant Date Fair Value
Nonvested at the beginning of the period (in dollars per share)	$ 16.04
Granted (in dollars per share)	19.14	$ 20.81	$ 11.41
Vested (in dollars per share)	17.27
Forfeited (in dollars per share)	17.27
Nonvested at the end of the period (in dollars per share)	$ 16.68	$ 16.04
Performance-based units
Number of Shares/Units
Nonvested at the beginning of the period (in shares)	1,371,230
Granted (in shares)	455,339
Vested (in shares)	(222,308)
Forfeited (in shares)	(464,238)
Nonvested at the end of the period (in shares)	1,140,023	1,371,230
Weighted Average Grant Date Fair Value
Nonvested at the beginning of the period (in dollars per share)	$ 16.44
Granted (in dollars per share)	18.33
Vested (in dollars per share)	17.53
Forfeited (in dollars per share)	17.24
Nonvested at the end of the period (in dollars per share)	$ 16.66	$ 16.44
Market-based units
Number of Shares/Units
Nonvested at the beginning of the period (in shares)	518,409
Granted (in shares)	17,557
Vested (in shares)	(158,014)
Forfeited (in shares)	(89,750)
Nonvested at the end of the period (in shares)	288,202	518,409
Weighted Average Grant Date Fair Value
Nonvested at the beginning of the period (in dollars per share)	$ 14.28
Granted (in dollars per share)	15.20
Vested (in dollars per share)	15.20
Forfeited (in dollars per share)	15.58
Nonvested at the end of the period (in dollars per share)	$ 13.43	$ 14.28

Fair Value Measurements (Details) $ in Thousands, € in Millions	12 Months Ended
	Feb. 01, 2020 USD ($)	Feb. 01, 2020 EUR (€)	Feb. 02, 2019 USD ($)	Feb. 02, 2019 EUR (€)	Feb. 03, 2018 USD ($)	Feb. 01, 2020 EUR (€)	Feb. 02, 2019 EUR (€)
Investment in private equity fund
Payments to acquire investment in private equity fund	$ 0		$ 10,451		$ 497
Private equity fund
Investment in private equity fund
Unfunded commitment to invest in private equity fund	4,000					€ 3.6
Fair Value Measured at Net Asset Value Per Share \| Private equity fund
Investment in private equity fund
Payments to acquire investment in private equity fund			1,100	€ 0.9
Unfunded commitment to invest in private equity fund	4,000					3.6
Fair Value Measured at Net Asset Value Per Share \| Private equity fund \| Other assets
Investment in private equity fund
Investment	1,300		1,400			€ 1.2	€ 1.2
Assets and liabilities measured at fair value on a recurring basis
Assets:
Total Assets	4,854		5,723
Liabilities:
Deferred compensation obligations	14,091		14,405
Total Liabilities	14,439		14,482
Assets and liabilities measured at fair value on a recurring basis \| Level 1
Assets:
Total Assets	0		0
Liabilities:
Deferred compensation obligations	0		0
Total Liabilities	0		0
Assets and liabilities measured at fair value on a recurring basis \| Level 2
Assets:
Total Assets	4,854		5,723
Liabilities:
Deferred compensation obligations	14,091		14,405
Total Liabilities	14,439		14,482
Assets and liabilities measured at fair value on a recurring basis \| Level 3
Assets:
Total Assets	0		0
Liabilities:
Deferred compensation obligations	0		0
Total Liabilities	0		0
Other income/expense \| Fair Value Measured at Net Asset Value Per Share \| Private equity fund
Investment in private equity fund
Unrealized loss on investments	100	€ 0.1	200	€ 0.1
Foreign exchange currency contracts \| Assets and liabilities measured at fair value on a recurring basis
Assets:
Derivative assets	4,854		4,690
Liabilities:
Derivative liabilities	0		77
Foreign exchange currency contracts \| Assets and liabilities measured at fair value on a recurring basis \| Level 1
Assets:
Derivative assets	0		0
Liabilities:
Derivative liabilities	0		0
Foreign exchange currency contracts \| Assets and liabilities measured at fair value on a recurring basis \| Level 2
Assets:
Derivative assets	4,854		4,690
Liabilities:
Derivative liabilities	0		77
Foreign exchange currency contracts \| Assets and liabilities measured at fair value on a recurring basis \| Level 3
Assets:
Derivative assets	0		0
Liabilities:
Derivative liabilities	0		0
Interest rate swap \| Assets and liabilities measured at fair value on a recurring basis
Assets:
Derivative assets	0		1,033
Liabilities:
Derivative liabilities	348		0
Interest rate swap \| Assets and liabilities measured at fair value on a recurring basis \| Level 1
Assets:
Derivative assets	0		0
Liabilities:
Derivative liabilities	0		0
Interest rate swap \| Assets and liabilities measured at fair value on a recurring basis \| Level 2
Assets:
Derivative assets	0		1,033
Liabilities:
Derivative liabilities	348		0
Interest rate swap \| Assets and liabilities measured at fair value on a recurring basis \| Level 3
Assets:
Derivative assets	0		0
Liabilities:
Derivative liabilities	$ 0		$ 0

Derivative Financial Instruments - Summary of Derivative Insruments (Details) - USD ($) $ in Thousands	Feb. 01, 2020	Feb. 02, 2019
ASSETS:
Derivatives, assets	$ 4,854	$ 5,723
LIABILITIES:
Derivatives, liabilities	348	77
Derivatives designated as hedging instruments \| Cash flow hedges
ASSETS:
Derivatives, assets	3,987	5,091
Derivatives designated as hedging instruments \| Foreign exchange currency contracts \| Other current assets/Other assets \| Cash flow hedges
ASSETS:
Derivatives, assets	3,987	4,058
Derivatives designated as hedging instruments \| Foreign exchange currency contracts \| Accrued expenses \| Cash flow hedges
LIABILITIES:
Derivatives, liabilities	0	77
Derivatives designated as hedging instruments \| Interest rate swap \| Other assets \| Cash flow hedges
ASSETS:
Derivatives, assets	0	1,033
Derivatives designated as hedging instruments \| Interest rate swap \| Other long-term liabilities \| Cash flow hedges
LIABILITIES:
Derivatives, liabilities	348	0
Derivatives not designated as hedging instruments \| Foreign exchange currency contracts \| Other current assets/Other assets
ASSETS:
Derivatives, assets	$ 867	$ 632

Derivative Financial Instruments - Narrative (Details) - USD ($)	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018	Jan. 28, 2017
Derivative [Line Items]
Net unrealized gain (loss) in accumulated other comprehensive income (loss) related to cash flow hedges	$ 661,347,000	$ 853,645,000	$ 933,475,000	$ 980,994,000
Foreign exchange currency cash flow hedge unrealized gain to be recognized in cost of product sales over the following 12 months	5,900,000
Interest rate swap cash flow hedge unrealized loss to be recognized in interest expense after the following 12 months	(300,000)
Derivative Financial Instruments Designated as Cash Flow Hedges
Derivative [Line Items]
Net unrealized gain (loss) in accumulated other comprehensive income (loss) related to cash flow hedges	6,300,000	2,999,000	$ (14,369,000)	5,400,000
Foreign exchange currency contracts \| Derivative Financial Instruments Designated as Cash Flow Hedges
Derivative [Line Items]
Net unrealized gain (loss) in accumulated other comprehensive income (loss) related to cash flow hedges	6,600,000
Interest rate swap \| Derivative Financial Instruments Designated as Cash Flow Hedges
Derivative [Line Items]
Net unrealized gain (loss) in accumulated other comprehensive income (loss) related to cash flow hedges	$ (300,000)
Derivatives designated as hedging instruments \| Europe \| Cash flow hedges
Derivative [Line Items]
U.S. dollar forward contracts outstanding, maximum remaining maturity period (in months)	17 months
Derivatives designated as hedging instruments \| Foreign exchange currency contracts \| Europe \| Cash flow hedges
Derivative [Line Items]
U.S. dollar forward contracts purchased, total notional amount	$ 150,600,000
Notional amount of derivative outstanding	$ 148,600,000	175,200,000
Derivatives designated as hedging instruments \| Foreign exchange currency contracts \| Canada \| Cash flow hedges
Derivative [Line Items]
Notional amount of derivative outstanding		3,900,000
Derivatives designated as hedging instruments \| Interest rate swap \| Cash flow hedges
Derivative [Line Items]
Notional amount of derivative outstanding				$ 21,500,000
Fixed rate of interest rate swap designated as a cash flow hedge (as a percent)	3.06%
Euro Member Countries, Euro \| Derivatives not designated as hedging instruments
Derivative [Line Items]
U.S. dollar forward contracts outstanding, maximum remaining maturity period (in months)	16 months
Euro Member Countries, Euro \| Derivatives not designated as hedging instruments \| Foreign exchange currency contracts
Derivative [Line Items]
Notional amount of derivative outstanding	$ 46,100,000	$ 8,200,000

Derivative Financial Instruments - Gain (Losses) on Derivative Instruments Designated As Cash Flow Hedges (Details) - USD ($)	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Gains (losses) before taxes recognized on the derivative instruments designated as cash flow hedges in OCI and net earnings
Gain (loss) recognized in OCI	$ 9,304,000
Gain reclassified from accumulated OCI into earnings	7,904,000
Gain (loss) recognized in OCI under prior accounting		$ 12,652,000	$ (23,388,000)
Amount of ineffectiveness recognized in net earnings (loss) on interest rate swap	0	0	0
Interest income/expense
Gains (losses) before taxes recognized on the derivative instruments designated as cash flow hedges in OCI and net earnings
Amount of ineffectiveness recognized in net earnings on foreign exchange currency contracts		3,500,000	2,700,000
Foreign exchange currency contracts \| Cost of product sales
Gains (losses) before taxes recognized on the derivative instruments designated as cash flow hedges in OCI and net earnings
Gain (loss) recognized in OCI	10,557,000
Gain reclassified from accumulated OCI into earnings	7,776,000
Gain (loss) recognized in OCI under prior accounting		12,973,000	(22,497,000)
Gain (loss) reclassified from accumulated OCI into earnings (loss) under prior accounting		(7,020,000)	14,000
Foreign exchange currency contracts \| Other income/expense
Gains (losses) before taxes recognized on the derivative instruments designated as cash flow hedges in OCI and net earnings
Gain (loss) recognized in OCI under prior accounting		2,000	(1,163,000)
Gain (loss) reclassified from accumulated OCI into earnings (loss) under prior accounting		(201,000)	(583,000)
Interest rate swap \| Interest expense
Gains (losses) before taxes recognized on the derivative instruments designated as cash flow hedges in OCI and net earnings
Gain (loss) recognized in OCI	(1,253,000)
Gain reclassified from accumulated OCI into earnings	$ 128,000
Gain (loss) recognized in OCI under prior accounting		(324,000)	272,000
Gain (loss) reclassified from accumulated OCI into earnings (loss) under prior accounting		$ 103,000	$ (87,000)

Derivative Financial Instruments - Net After Tax Derivative Acivity (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018	Feb. 03, 2019	Feb. 04, 2018	Jan. 29, 2017
Net after-tax derivative activity recorded in accumulated other comprehensive income (loss)
Balance at beginning of period	$ 853,645	$ 933,475	$ 980,994
Cumulative adjustment from adoption of new accounting guidance				$ 297	$ 5,829	$ 0
Balance at end of period	661,347	853,645	933,475
Retained Earnings
Net after-tax derivative activity recorded in accumulated other comprehensive income (loss)
Balance at beginning of period	1,077,747	1,132,173	1,215,079
Cumulative adjustment from adoption of new accounting guidance				(1,684)	5,829	$ 942
Balance at end of period	1,130,409	1,077,747	1,132,173
Retained Earnings \| Accounting Standards Update 2017-12
Net after-tax derivative activity recorded in accumulated other comprehensive income (loss)
Cumulative adjustment from adoption of new accounting guidance				(2,000)
Derivative Financial Instruments Designated as Cash Flow Hedges
Net after-tax derivative activity recorded in accumulated other comprehensive income (loss)
Balance at beginning of period	2,999	(14,369)	5,400
Cumulative adjustment from adoption of new accounting guidance				1,981
Net gains from changes in cash flow hedges	8,316	10,962	(20,408)
Net (gains) losses reclassified to earnings	6,996	(6,406)	(414)
Balance at end of period	6,300	2,999	(14,369)
Derivative Financial Instruments Designated as Cash Flow Hedges \| Accounting Standards Update 2017-12
Net after-tax derivative activity recorded in accumulated other comprehensive income (loss)
Cumulative adjustment from adoption of new accounting guidance				$ 2,000
Accumulated net gain (loss) from cash flow hedges (prior to adoption of new guidance)
Net after-tax derivative activity recorded in accumulated other comprehensive income (loss)
Balance at beginning of period	$ 2,999	(14,369)
Cumulative adjustment from adoption of new accounting guidance					$ 0
Net gains from changes in cash flow hedges		10,962
Net (gains) losses reclassified to earnings		(6,406)
Balance at end of period		$ 2,999	$ (14,369)

Derivative Financial Instruments - Gain (Loss) on Derivatives Not Designated As Hedging Instruments (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Other income/expense \| Foreign exchange currency contracts
Derivative [Line Items]
Gain (loss) on derivatives not designated as hedging instruments recognized in earnings (loss) before taxes	$ 1,254	$ 6,785	$ (10,511)

Share Repurchase Program (Details) - USD ($)			4 Months Ended	12 Months Ended
Share Repurchase Program (Details) - USD ($)	Sep. 04, 2019	Apr. 26, 2019	Sep. 04, 2019	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018	Jun. 26, 2012
Equity, Class of Treasury Stock [Line Items]
Shares repurchased, aggregate cost				$ 288,067,000	$ 17,587,000	$ 56,159,000
Share repurchases settled after year end						6,000,000.0
Purchase of treasury stock				$ 288,067,000	$ 23,620,000	$ 50,127,000
Share Repurchase Program
Equity, Class of Treasury Stock [Line Items]
Value of common stock authorized to be repurchased							$ 500,000,000
Number of common stock repurchased (in shares)				16,739,740	1,118,808	3,866,387
Shares repurchased, aggregate cost				$ 288,000,000.0	$ 17,600,000	$ 56,100,000
Value of common stock remaining to be repurchased				$ 86,700,000
Accelerated Share Repurchase Contract
Equity, Class of Treasury Stock [Line Items]
Value of common stock authorized to be repurchased		$ 170,000,000
Number of common stock repurchased (in shares)	5,400,000	5,200,000	10,600,000
Shares repurchased, aggregate cost	$ 68,000,000	$ 102,000,000
Purchase of treasury stock		$ 170,000,000
Percentage of contract		60.00%
Average price per share (in dollars per share)			$ 16.09

Subsequent Events (Details) - USD ($)	Mar. 19, 2020	Feb. 01, 2020	Feb. 02, 2019
Credit Facilities
Credit Facility, outstanding amount		$ 3,957,000	$ 0
Europe \| Foreign line of credit
Credit Facilities
Credit Facility, outstanding amount		0
Credit Facility
Credit Facilities
Credit Facility, outstanding amount		$ 0
Subsequent events
Credit Facilities
Credit Facility, outstanding amount	$ 212,000,000
Subsequent events \| Europe \| Foreign line of credit
Credit Facilities
Credit Facility, outstanding amount	$ 134,000,000
Subsequent events \| Europe \| Foreign line of credit \| Minimum
Credit Facilities
Current interest rate for borrowings	0.65%
Subsequent events \| Europe \| Foreign line of credit \| Maximum
Credit Facilities
Current interest rate for borrowings	1.10%
Subsequent events \| Europe and Asia \| Foreign line of credit
Credit Facilities
Remaining borrowing capacity under credit facilities	$ 24,000,000
Subsequent events \| Credit Facility \| U.S. and Canada
Credit Facilities
Credit Facility, outstanding amount	78,000,000
Remaining borrowing capacity under credit facilities	$ 33,000,000
Current interest rate for borrowings	3.65%

SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Reconciliation of valuation and qualifying accounts
Balance at Beginning of Period	$ 53,878	$ 52,136	$ 37,645
Costs Charged to Expenses	145,492	121,651	135,525
Deductions and Write-offs	(145,199)	(119,909)	(121,034)
Balance at End of Period	54,171	53,878	52,136
Allowance for doubtful accounts
Reconciliation of valuation and qualifying accounts
Balance at Beginning of Period	8,540	13,478	13,810
Costs Charged to Expenses	3,712	2,661	9,447
Deductions and Write-offs	(3,821)	(7,599)	(9,779)
Balance at End of Period	8,431	8,540	13,478
Allowance for markdowns
Reconciliation of valuation and qualifying accounts
Balance at Beginning of Period	12,121	10,777	2,944
Costs Charged to Expenses	36,979	56,697	42,485
Deductions and Write-offs	(36,538)	(55,353)	(34,652)
Balance at End of Period	12,562	12,121	10,777
Allowance for sales returns
Reconciliation of valuation and qualifying accounts
Balance at Beginning of Period	33,217	27,881	20,891
Costs Charged to Expenses	104,801	62,293	83,593
Deductions and Write-offs	(104,840)	(56,957)	(76,603)
Balance at End of Period	$ 33,178	$ 33,217	$ 27,881

Label	Element	Value
Additional Paid-in Capital [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	$ 268,000