Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATING INFORMATION - Balance Sheet (Details)

v3.19.2
CONDENSED CONSOLIDATING INFORMATION - Balance Sheet (Details) - USD ($)
$ in Thousands
3 Months Ended
May 04, 2019
Feb. 02, 2019
May 05, 2018
Jun. 18, 2014
CURRENT ASSETS:        
Cash and cash equivalents $ 29,749 $ 55,431 $ 93,166  
Accounts receivable, net 80,623 73,073 87,411  
Inventories 874,412 830,426 843,671  
Other current assets 49,904 70,712 69,937  
Total current assets 1,034,688 1,029,642 1,094,185  
Property and equipment, net 428,380 439,172 437,944  
Operating lease right-of-use assets 955,970      
Rental product, net 103,895 99,770 128,744  
Goodwill 78,964 79,491 104,802  
Intangible assets, net 156,614 163,901 167,320  
Other assets 6,942 8,514 12,827  
Total assets 2,765,453 1,820,490 1,945,822  
CURRENT LIABILITIES:        
Accounts payable 218,492 228,979 192,878  
Accrued expenses and other current liabilities 332,744 297,997 352,154  
Current portion of operating lease liabilities 183,011      
Current portion of long-term debt 9,000 11,619 9,000  
Total current liabilities 743,247 538,595 554,032  
Long-term debt, net 1,151,196 1,153,242 1,277,508  
Operating lease liabilities 804,895      
Deferred taxes, net and other liabilities 70,161 125,022 151,503  
Shareholders' (deficit) equity (4,046) 3,631 (37,221)  
Total liabilities and shareholders' (deficit) equity 2,765,453 1,820,490 1,945,822  
Eliminations        
CURRENT ASSETS:        
Accounts receivable, net (221,699) (297,969) (332,932)  
Other current assets (11,500) (5,270)    
Total current assets (233,199) (303,239) (332,932)  
Investments in subsidiaries (1,379,489) (1,394,062) (1,478,345)  
Other assets (4,500) (4,800) (80,835)  
Total assets (1,617,188) (1,702,101) (1,892,112)  
CURRENT LIABILITIES:        
Accounts payable (221,699) (297,969) (332,932)  
Accrued expenses and other current liabilities (11,500) (5,270)    
Total current liabilities (233,199) (303,239) (332,932)  
Deferred taxes, net and other liabilities (4,500) (4,800) (80,835)  
Shareholders' (deficit) equity (1,379,489) (1,394,062) (1,478,345)  
Total liabilities and shareholders' (deficit) equity (1,617,188) (1,702,101) (1,892,112)  
Senior Notes        
Condensed Consolidating Balance Sheet        
Aggregate principal amount of debt issued 600,000     $ 600,000
Interest rate (as a percent)       7.00%
Tailored Brands, Inc. | Reportable Legal Entities        
CURRENT ASSETS:        
Other current assets     2,784  
Total current assets     2,784  
Investments in subsidiaries 161,131 160,057 97,019  
Total assets 161,131 160,057 99,803  
CURRENT LIABILITIES:        
Accounts payable 153,249 142,701 116,382  
Accrued expenses and other current liabilities 4,973 6,697 14,868  
Total current liabilities 158,222 149,398 131,250  
Deferred taxes, net and other liabilities 6,955 7,028 5,774  
Shareholders' (deficit) equity (4,046) 3,631 (37,221)  
Total liabilities and shareholders' (deficit) equity 161,131 160,057 99,803  
The Men's Wearhouse, Inc. | Reportable Legal Entities        
CURRENT ASSETS:        
Cash and cash equivalents 2,183 970 42,740  
Accounts receivable, net 30,420 23,954 32,045  
Inventories 158,236 149,923 175,630  
Other current assets 11,821 30,699 15,505  
Total current assets 202,660 205,546 265,920  
Property and equipment, net 188,799 194,290 196,932  
Operating lease right-of-use assets 497,803      
Rental product, net 80,358 81,809 102,286  
Goodwill 6,160 6,160 6,160  
Investments in subsidiaries 1,218,358 1,234,005 1,381,326  
Other assets 6,091 7,590 11,450  
Total assets 2,200,229 1,729,400 1,964,074  
CURRENT LIABILITIES:        
Accounts payable 124,061 201,799 255,384  
Accrued expenses and other current liabilities 211,236 146,683 172,654  
Current portion of operating lease liabilities 96,742      
Current portion of long-term debt 9,000 11,619 9,000  
Total current liabilities 441,039 360,101 437,038  
Long-term debt, net 1,151,196 1,153,242 1,277,508  
Operating lease liabilities 426,659      
Deferred taxes, net and other liabilities 20,204 56,000 152,509  
Shareholders' (deficit) equity 161,131 160,057 97,019  
Total liabilities and shareholders' (deficit) equity $ 2,200,229 1,729,400 1,964,074  
Guarantor Subsidiaries        
Condensed Consolidating Balance Sheet        
Ownership of Guarantor subsidiaries (as a percent) 100.00%      
Guarantor Subsidiaries | Reportable Legal Entities        
CURRENT ASSETS:        
Cash and cash equivalents $ 2,181 1,496 2,830  
Accounts receivable, net 198,709 264,884 305,987  
Inventories 508,423 461,153 482,648  
Other current assets 28,760 37,969 47,364  
Total current assets 738,073 765,502 838,829  
Property and equipment, net 205,847 209,814 206,794  
Operating lease right-of-use assets 393,007      
Rental product, net 9,576 3,426 10,127  
Goodwill 52,128 52,128 53,422  
Intangible assets, net 146,984 153,712 154,960  
Other assets 596 665 668  
Total assets 1,546,211 1,185,247 1,264,800  
CURRENT LIABILITIES:        
Accounts payable 89,060 69,485 82,563  
Accrued expenses and other current liabilities 87,843 109,654 125,516  
Current portion of operating lease liabilities 72,403      
Total current liabilities 249,306 179,139 208,079  
Operating lease liabilities 325,652      
Deferred taxes, net and other liabilities 28,785 45,069 46,910  
Shareholders' (deficit) equity 942,468 961,039 1,009,811  
Total liabilities and shareholders' (deficit) equity 1,546,211 1,185,247 1,264,800  
Non-Guarantor Subsidiaries | Reportable Legal Entities        
CURRENT ASSETS:        
Cash and cash equivalents 25,385 52,965 47,596  
Accounts receivable, net 73,193 82,204 82,311  
Inventories 207,753 219,350 185,393  
Other current assets 20,823 7,314 4,284  
Total current assets 327,154 361,833 319,584  
Property and equipment, net 33,734 35,068 34,218  
Operating lease right-of-use assets 65,160      
Rental product, net 13,961 14,535 16,331  
Goodwill 20,676 21,203 45,220  
Intangible assets, net 9,630 10,189 12,360  
Other assets 4,755 5,059 81,544  
Total assets 475,070 447,887 509,257  
CURRENT LIABILITIES:        
Accounts payable 73,821 112,963 71,481  
Accrued expenses and other current liabilities 40,192 40,233 39,116  
Current portion of operating lease liabilities 13,866      
Total current liabilities 127,879 153,196 110,597  
Operating lease liabilities 52,584      
Deferred taxes, net and other liabilities 18,717 21,725 27,145  
Shareholders' (deficit) equity 275,890 272,966 371,515  
Total liabilities and shareholders' (deficit) equity $ 475,070 $ 447,887 $ 509,257