ACTIVITY EXIT COSTS

3 Months Ended

May 01, 2011

Notes to Financial Statements [Abstract]

ACTIVITY EXIT COSTS

13.  ACTIVITY EXIT COSTS

Tommy Hilfiger Integration and Exit Costs

In connection with the Company’s acquisition of Tommy Hilfiger in the second quarter of 2010 and the related integration, the Company incurred certain costs related to severance and termination benefits, long-lived asset impairments, inventory liquidations and lease/contract terminations, including costs associated with the exit of certain Tommy Hilfiger product categories. Such costs were as follows:

	Total		Incurred
	Expected		During the		Cumulative
	to be		Thirteen Weeks		Incurred to
	Incurred		Ended 5/1/11		Date
Severance, termination benefits and other costs	$	32,506	$	9,713	$	29,506
Long-lived asset impairments		11,017		-		11,017
Inventory liquidation costs		2,583		-		2,583
Lease/contract termination and related costs		18,187		13,022		16,187
Total	$	64,293	$	22,735	$	59,293

Liabilities for severance and termination benefits and lease/contract termination costs recorded in connection with the acquisition and integration of Tommy Hilfiger were principally recorded in Accrued Expenses in the Company’s Consolidated Balance Sheets and were as follows:

			Costs Incurred		Costs Paid
			During the		During the
	Liability		Thirteen Weeks		Thirteen Weeks		Liability
	at 1/30/11		Ended 5/1/11		Ended 5/1/11		at 5/1/11
Severance, termination benefits and other costs	$	16,258	$	9,713	$	5,702	$	20,269
Lease/contract termination and related costs		3,165		13,022		4,467		11,720
Total	$	19,423	$	22,735	$	10,169	$	31,989

The charges incurred during the thirteen weeks ended May 1, 2011 and the remainder of charges expected to be incurred relate principally to selling, general and administrative expenses of the Company’s Tommy Hilfiger North America segment.