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Flagship Store Exit (Benefits) Charges (Notes)
 6 Months Ended
Aug. 01, 2020
Flagship Store Exit Charges [Abstract]  
Restructuring and Related Activities Disclosure [Text Block]
Reflecting a continued focus on one of the Company’s key transformation initiatives ‘Global Store Network Optimization,’ the Company continues to pivot away from its large format flagship stores and strives to open smaller, more productive omnichannel focused brand experiences. As a result, the Company has closed certain of its flagship stores and may have additional closures as it executes against this strategy.

The Company recognizes impacts related to the exit of its flagship stores in flagship store exit (benefits) charges on the Consolidated Statements of Operations and Comprehensive Income (Loss). Details of the (benefits) charges incurred during the thirteen and twenty-six weeks ended August 1, 2020 and August 3, 2019 related to this initiative were as follows:
 
Thirteen Weeks Ended
 
Twenty-six Weeks Ended
(in thousands)
August 1, 2020

 
August 3, 2019

 
August 1, 2020

 
August 3, 2019

Single lease cost (1)
$
(5,230
)
 
$
23,269

 
$
(5,230
)
 
$
23,269

Variable lease cost (2)
—

 
20,218

 
—

 
20,218

Operating lease right-of-use asset impairment
—

 
3,229

 
—

 
3,229

Operating lease cost
(5,230
)
 
46,716

 
(5,230
)
 
46,716

Asset disposals and other store-closure costs (3)
(3,205
)
 
(1,675
)
 
(3,205
)
 
(1,687
)
Employee severance and other employee transition costs
4,551

 
(47
)
 
4,008

 
1,709

Total flagship store exit (benefits) charges
$
(3,884
)
 
$
44,994

 
$
(4,427
)
 
$
46,738


(1) 
Amounts represent accelerated amortization associated with the operating lease right-of-use assets and the impact from remeasurement of operating lease liabilities.
(2) 
Amounts represent the remeasurement of the lease liability to reflect variable lease costs that became fixed upon decision to close flagship stores.
(3) 
Amounts represent costs incurred or benefits associated with returning the store to its original condition, including updated estimates to previously established accruals for asset retirement obligations and costs to remove inventory and store assets.

Future fixed lease payments associated with closed flagship stores are reflected within short-term and long-term operating lease liabilities on the Condensed Consolidated Balance Sheets. These payments are scheduled to be paid through the fiscal year ending January 30, 2029 (“Fiscal 2028”) and are not expected to exceed $15 million in aggregate in any fiscal year.

As the Company continues its ‘Global Store Network Optimization’ efforts, it may incur future cash expenditures, incremental charges or realize benefits not currently contemplated due to events that may occur as a result of, or that are associated with, previously announced flagship store closures and flagship store closures that have not yet been finalized. At this time, the Company is not able to quantify the amount of future impacts, including any cash expenditures that may take place in future periods resulting from any potential flagship store closures given the unpredictable nature of lease exit negotiations and ultimate lease renewal decisions.