Annual report pursuant to Section 13 and 15(d)

QUARTERLY RESULTS OF OPERATIONS (Unaudited) (Details)

v3.20.1
QUARTERLY RESULTS OF OPERATIONS (Unaudited) (Details) - USD ($)
$ / shares in Units, $ 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
Quarterly Results of Operations                      
Net sales $ 690,973 $ 729,481 $ 736,145 $ 724,662 $ 730,013 $ 751,741 $ 767,914 $ 754,843 $ 2,881,261 $ 3,004,511 $ 3,053,021
Gross margin 236,834 308,028 318,875 304,875 283,278 345,494 353,545 328,291 1,168,612 1,310,608 1,341,428
Net earnings (loss) from continuing operations (38,557) 27,788 29,656 6,480 3,798 34,787 47,724 12,287 25,367 98,596 87,017
Earnings (loss) from discontinued operations, net of tax 4,463 (117,378) 4,610 662 2,420 (20,912) 1,514 1,622 (107,643) (15,356) 9,686
Net earnings (loss) $ (34,094) $ (89,590) $ 34,266 $ 7,142 $ 6,218 $ 13,875 $ 49,238 $ 13,909 $ (82,276) $ 83,240 $ 96,703
Net earnings from continuing operations per common share:                      
Basic $ (0.80) $ 0.56 $ 0.59 $ 0.13 $ 0.08 $ 0.70 $ 0.96 $ 0.25 $ 0.51 $ 1.98 $ 1.77
Diluted (0.80) 0.56 0.59 0.13 0.08 0.69 0.94 0.24 0.51 1.94 1.76
Net (loss) earnings from discontinued operations per common share:                      
Basic 0.09 (2.36) 0.09 0.01 0.05 (0.42) 0.03 0.03 (2.16) (0.31) 0.20
Diluted 0.09 (2.35) 0.09 0.01 0.05 (0.41) 0.03 0.03 (2.16) (0.30) 0.20
Net earnings (loss) per common share:                      
Basic (0.70) (1.80) 0.68 0.14 0.12 0.28 0.99 0.28 (1.65) 1.67 1.97
Diluted $ (0.70) $ (1.80) $ 0.68 $ 0.14 $ 0.12 $ 0.27 $ 0.97 $ 0.27 $ (1.65) $ 1.64 $ 1.95
Quarterly financial information                      
Pre-tax expenses $ 22,700               $ 1,070,774 $ 1,085,046 $ 1,125,332
Refinancing of term loan               $ (11,900)      
Loss on divestiture                 (83,513) (3,766)  
(Loss) gain on extinguishment of debt, net           $ (9,400) $ (8,100) (11,900) $ (77) $ (30,253) 5,445
Valuation allowance   $ 5,900                  
redemption of senior notes             (8,100)        
Closure of a rental product distribution center           600 4,400        
Repricing of the Term loan           (9,400)          
CEO retirement costs           6,400          
Effect of the Tax Reform Act         $ (6,100)           $ (300)
Loyalty programs                      
Quarterly Results of Operations                      
Net sales         $ 17,600            
Net earnings (loss) per common share:                      
Diluted                   $ 0.28  
Multi-year cost savings and operational excellence programs                      
Quarterly financial information                      
Pre-tax expenses 5,300 $ 6,200 $ 11,300 $ 4,400              
Term Loan And Loss Upon Divestiture                      
Quarterly financial information                      
Pre-tax expenses               15,500      
Senior Notes And Closure Of Distribution Center And Divestiture                      
Quarterly financial information                      
Pre-tax expenses             12,700        
Term Loan And CEO Retirement Costs And Closure Of Distribution Center                      
Quarterly financial information                      
Pre-tax expenses           16,400          
MW Cleaners business                      
Quarterly financial information                      
Loss on divestiture             (200) (3,600)      
Cost of sales                      
Quarterly financial information                      
Pre-tax expenses 13,400           4,000        
Cost of sales | Multi-year cost savings and operational excellence programs                      
Quarterly financial information                      
Pre-tax expenses     2,900 200              
Selling, general and administrative expenses                      
Quarterly financial information                      
Pre-tax expenses 9,300         7,000 $ 600 $ (3,600)      
Selling, general and administrative expenses | Multi-year cost savings and operational excellence programs                      
Quarterly financial information                      
Pre-tax expenses     $ 8,400 $ 4,200              
Joseph Abboud tradename                      
Quarterly financial information                      
Pre-tax expenses $ 17,400                    
Maximum | Cost of sales                      
Quarterly financial information                      
Pre-tax expenses           $ 100