XML 54 R41.htm IDEA: XBRL DOCUMENT v2.4.0.8
Change in Accounting Principle (Consolidated Statement of Oerations) (Details) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Nov. 02, 2013
Oct. 27, 2012
Nov. 02, 2013
Oct. 27, 2012
New Accounting Pronouncements or Change in Accounting Principle [Line Items]        
Net Sales $ 1,033,293 $ 1,169,649 $ 2,817,760 $ 3,042,274
Cost of Goods Sold 382,253 417,135 1,009,431 1,156,218
Gross Profit 651,040 752,514 1,808,329 1,886,056
Operating Income (Loss) (35,370) [1] 133,345 [2] (30,127) [3] 129,406 [2]
Income (Loss) Before Taxes (37,025) 131,761 (35,159) 125,187
Tax Expense (Benefit) (21,381) 47,725 (23,682) 45,405
Net Income (Loss) (15,644) 84,036 (11,477) 79,782
Net Income (Loss) Per Share        
Basic (in dollars per share) $ (0.20) $ 1.03 $ (0.15) $ 0.96
Diluted (in dollars per share) $ (0.20) $ 1.02 $ (0.15) $ 0.95
Foreign Currency Translation Adjustments 10,959 14,138 (8,530) (2,362)
Other Comprehensive Income (Loss) 6,388 1,341 (3,242) (13,073)
Comprehensive Income (Loss) (9,256) 85,377 (14,719) 66,709
As Reported [Member]
       
New Accounting Pronouncements or Change in Accounting Principle [Line Items]        
Net Sales   1,169,649   3,042,274
Cost of Goods Sold   438,082   1,139,941
Gross Profit   731,567   1,902,333
Operating Income (Loss)   112,398   145,683
Income (Loss) Before Taxes   110,814   141,464
Tax Expense (Benefit)   39,307   51,453
Net Income (Loss)   71,507   90,011
Net Income (Loss) Per Share        
Basic (in dollars per share)   $ 0.88   $ 1.09
Diluted (in dollars per share)   $ 0.87   $ 1.07
Foreign Currency Translation Adjustments   13,904   (2,164)
Other Comprehensive Income (Loss)   1,107   (12,875)
Comprehensive Income (Loss)   72,614   77,136
Effect of Change [Member]
       
New Accounting Pronouncements or Change in Accounting Principle [Line Items]        
Net Sales   0   0
Cost of Goods Sold   (20,947)   16,277
Gross Profit   20,947   (16,277)
Operating Income (Loss)   20,947   (16,277)
Income (Loss) Before Taxes   20,947   (16,277)
Tax Expense (Benefit)   8,418   (6,048)
Net Income (Loss)   12,529   (10,229)
Net Income (Loss) Per Share        
Basic (in dollars per share)   $ 0.15   $ (0.13)
Diluted (in dollars per share)   $ 0.15   $ (0.12)
Foreign Currency Translation Adjustments   234   (198)
Other Comprehensive Income (Loss)   234   (198)
Comprehensive Income (Loss)   $ 12,763   $ (10,427)
[1] Includes charges for store-related asset impairment, charges related to restructuring plans for the Gilly Hicks brand and charges related to the Company's profit improvement initiative of $51.5 million for U.S. Stores, $32.2 million for International Stores and $12.2 million for Other for the thirteen week period ended November 2, 2013.
[2] Results reported above have been restated based on the change in accounting principle as noted in Note 3, “CHANGE IN ACCOUNTING PRINCIPLE.”
[3] Includes charges for store-related asset impairment, charges related to restructuring plans for the Gilly Hicks brand and charges related to the Company's profit improvement initiative of $51.5 million for U.S. Stores, $32.2 million for International Stores and $14.7 million for Other for the thirty-nine week period ended November 2, 2013.