Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS

v2.4.1.9
CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
May 02, 2015
May 03, 2014
Net sales:    
Total net sales $ 885,089us-gaap_SalesRevenueNet $ 630,474us-gaap_SalesRevenueNet
Cost of sales:    
Total cost of sales 503,537us-gaap_CostOfGoodsAndServicesSold 347,110us-gaap_CostOfGoodsAndServicesSold
Gross margin:    
Total gross margin 381,552us-gaap_GrossProfit 283,364us-gaap_GrossProfit
Advertising expense 50,656us-gaap_AdvertisingExpense 28,771us-gaap_AdvertisingExpense
Selling, general and administrative expenses 275,607us-gaap_SellingGeneralAndAdministrativeExpense 227,312us-gaap_SellingGeneralAndAdministrativeExpense
Operating income 55,289us-gaap_OperatingIncomeLoss 27,281us-gaap_OperatingIncomeLoss
Interest income 28us-gaap_InvestmentIncomeInterest 61us-gaap_InvestmentIncomeInterest
Interest expense (26,483)us-gaap_InterestExpense (1,135)us-gaap_InterestExpense
Loss on extinguishment of debt (12,675)us-gaap_GainsLossesOnExtinguishmentOfDebt  
Earnings (loss) before income taxes 16,159us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 26,207us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Provision for income taxes 5,790us-gaap_IncomeTaxExpenseBenefit 9,749us-gaap_IncomeTaxExpenseBenefit
Net earnings including non-controlling interest 10,369us-gaap_ProfitLoss 16,458us-gaap_ProfitLoss
Net loss attributable to non-controlling interest   28us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net earnings attributable to common shareholders 10,369us-gaap_NetIncomeLoss 16,486us-gaap_NetIncomeLoss
Net earnings per common share attributable to common shareholders:    
Basic (in dollars per share) $ 0.22us-gaap_EarningsPerShareBasic $ 0.34us-gaap_EarningsPerShareBasic
Diluted (in dollars per share) $ 0.21us-gaap_EarningsPerShareDiluted $ 0.34us-gaap_EarningsPerShareDiluted
Weighted-average common shares outstanding:    
Basic (in shares) 48,130us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 47,607us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted (in shares) 48,429us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 47,974us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Cash dividends declared per common share (in dollars per share) $ 0.18us-gaap_CommonStockDividendsPerShareDeclared $ 0.18us-gaap_CommonStockDividendsPerShareDeclared
Retail Segment    
Net sales:    
Retail clothing product 666,862us-gaap_SalesRevenueGoodsNet
/ us-gaap_StatementBusinessSegmentsAxis
= mw_RetailSegmentMember
433,024us-gaap_SalesRevenueGoodsNet
/ us-gaap_StatementBusinessSegmentsAxis
= mw_RetailSegmentMember
Tuxedo rental services 103,129mw_TuxedoRentalServicesRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= mw_RetailSegmentMember
101,663mw_TuxedoRentalServicesRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= mw_RetailSegmentMember
Alteration and other services 54,280us-gaap_SalesRevenueServicesGross
/ us-gaap_StatementBusinessSegmentsAxis
= mw_RetailSegmentMember
38,962us-gaap_SalesRevenueServicesGross
/ us-gaap_StatementBusinessSegmentsAxis
= mw_RetailSegmentMember
Total net sales 824,271us-gaap_SalesRevenueNet
/ us-gaap_StatementBusinessSegmentsAxis
= mw_RetailSegmentMember
573,649us-gaap_SalesRevenueNet
/ us-gaap_StatementBusinessSegmentsAxis
= mw_RetailSegmentMember
Cost of sales:    
Retail clothing product 294,384us-gaap_CostOfGoodsSold
/ us-gaap_StatementBusinessSegmentsAxis
= mw_RetailSegmentMember
191,477us-gaap_CostOfGoodsSold
/ us-gaap_StatementBusinessSegmentsAxis
= mw_RetailSegmentMember
Tuxedo rental services 16,084mw_TuxedoRentalServicesCost
/ us-gaap_StatementBusinessSegmentsAxis
= mw_RetailSegmentMember
15,317mw_TuxedoRentalServicesCost
/ us-gaap_StatementBusinessSegmentsAxis
= mw_RetailSegmentMember
Alteration and other services 36,150us-gaap_OtherCostOfServices
/ us-gaap_StatementBusinessSegmentsAxis
= mw_RetailSegmentMember
27,722us-gaap_OtherCostOfServices
/ us-gaap_StatementBusinessSegmentsAxis
= mw_RetailSegmentMember
Occupancy costs 113,096us-gaap_OccupancyNet
/ us-gaap_StatementBusinessSegmentsAxis
= mw_RetailSegmentMember
72,847us-gaap_OccupancyNet
/ us-gaap_StatementBusinessSegmentsAxis
= mw_RetailSegmentMember
Total cost of sales 459,714us-gaap_CostOfGoodsAndServicesSold
/ us-gaap_StatementBusinessSegmentsAxis
= mw_RetailSegmentMember
307,363us-gaap_CostOfGoodsAndServicesSold
/ us-gaap_StatementBusinessSegmentsAxis
= mw_RetailSegmentMember
Gross margin:    
Retail clothing product 372,478mw_RetailClothingProductGrossMargin
/ us-gaap_StatementBusinessSegmentsAxis
= mw_RetailSegmentMember
241,547mw_RetailClothingProductGrossMargin
/ us-gaap_StatementBusinessSegmentsAxis
= mw_RetailSegmentMember
Tuxedo rental services 87,045mw_TuxedoRentalServicesGrossMargin
/ us-gaap_StatementBusinessSegmentsAxis
= mw_RetailSegmentMember
86,346mw_TuxedoRentalServicesGrossMargin
/ us-gaap_StatementBusinessSegmentsAxis
= mw_RetailSegmentMember
Alteration and other services 18,130mw_AlterationAndOtherServicesGrossMargin
/ us-gaap_StatementBusinessSegmentsAxis
= mw_RetailSegmentMember
11,240mw_AlterationAndOtherServicesGrossMargin
/ us-gaap_StatementBusinessSegmentsAxis
= mw_RetailSegmentMember
Occupancy costs (113,096)mw_OccupancyCostsGrossMargin
/ us-gaap_StatementBusinessSegmentsAxis
= mw_RetailSegmentMember
(72,847)mw_OccupancyCostsGrossMargin
/ us-gaap_StatementBusinessSegmentsAxis
= mw_RetailSegmentMember
Total gross margin 364,557us-gaap_GrossProfit
/ us-gaap_StatementBusinessSegmentsAxis
= mw_RetailSegmentMember
266,286us-gaap_GrossProfit
/ us-gaap_StatementBusinessSegmentsAxis
= mw_RetailSegmentMember
Operating income 54,033us-gaap_OperatingIncomeLoss
/ us-gaap_StatementBusinessSegmentsAxis
= mw_RetailSegmentMember
26,525us-gaap_OperatingIncomeLoss
/ us-gaap_StatementBusinessSegmentsAxis
= mw_RetailSegmentMember
Corporate Apparel Segment    
Net sales:    
Total net sales 60,818us-gaap_SalesRevenueNet
/ us-gaap_StatementBusinessSegmentsAxis
= mw_CorporateApparelSegmentMember
56,825us-gaap_SalesRevenueNet
/ us-gaap_StatementBusinessSegmentsAxis
= mw_CorporateApparelSegmentMember
Cost of sales:    
Total cost of sales 43,823us-gaap_CostOfGoodsAndServicesSold
/ us-gaap_StatementBusinessSegmentsAxis
= mw_CorporateApparelSegmentMember
39,747us-gaap_CostOfGoodsAndServicesSold
/ us-gaap_StatementBusinessSegmentsAxis
= mw_CorporateApparelSegmentMember
Gross margin:    
Total gross margin 16,995us-gaap_GrossProfit
/ us-gaap_StatementBusinessSegmentsAxis
= mw_CorporateApparelSegmentMember
17,078us-gaap_GrossProfit
/ us-gaap_StatementBusinessSegmentsAxis
= mw_CorporateApparelSegmentMember
Operating income $ 1,256us-gaap_OperatingIncomeLoss
/ us-gaap_StatementBusinessSegmentsAxis
= mw_CorporateApparelSegmentMember
$ 756us-gaap_OperatingIncomeLoss
/ us-gaap_StatementBusinessSegmentsAxis
= mw_CorporateApparelSegmentMember