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NONCASH INVESTING AND FINANCING TRANSACTIONS
12 Months Ended
Feb. 02, 2014
Noncash Investing and Financing Transactions [Abstract]  
NONCASH INVESTING AND FINANCING TRANSACTIONS
NONCASH INVESTING AND FINANCING TRANSACTIONS

Omitted from the Consolidated Statement of Cash Flows for 2013 were capital expenditures related to property, plant and equipment of $13,624, which will not be paid until 2014. The Company paid $4,184 in cash during 2013 related to property, plant and equipment that was acquired in 2012. This amount is omitted from the Consolidated Statement of Cash Flows for 2012. The Company paid $5,786 in cash during 2012 related to property, plant and equipment that was acquired in 2011. This amount is omitted from the Consolidated Statement of Cash Flows for 2011.

Omitted from purchases of property, plant and equipment in the Consolidated Statement of Cash Flows for 2013, 2012 and 2011 are $7,525, $18,203 and $11,562, respectively, of assets acquired through capital leases.

The Company recorded increases to goodwill of $51,011, $51,715 and $51,309 during 2013, 2012 and 2011, respectively, related to liabilities incurred for contingent purchase price payments to Mr. Calvin Klein. Such amounts are not due or paid in cash until 45 days subsequent to the Company’s applicable quarter end. As such, during 2013, 2012 and 2011, the Company paid $52,773, $50,974 and $50,679, respectively, in cash related to contingent purchase price payments to Mr. Calvin Klein that were recorded as additions to goodwill during the periods the liabilities were incurred.

During the first quarter of 2013, the Company issued 7,674 shares of its common stock, par value $1.00 per share (of which 416 shares were issued from treasury stock), as part of the consideration paid to the former stockholders of Warnaco in connection with the acquisition, which resulted in an increase in common stock of $7,258, an increase in additional paid in capital of $888,925 and a decrease in treasury stock of $30,269. In addition, the Company issued awards valued at $39,752 to replace outstanding stock awards made by Warnaco to its employees, which for accounting purposes are included in the total acquisition consideration. Also included in the acquisition consideration was the elimination of a $9,128 pre-acquisition liability to Warnaco.

During the first quarter of 2013, the Company recorded a loss of $5,757 to write-off previously capitalized debt issuance costs in connection with the modification and extinguishment of its previously outstanding senior secured credit facilities.

During 2012, the holders of the Company’s Series A convertible preferred stock converted an aggregate of 8 shares of such convertible preferred stock into 4,189 shares of the Company’s common stock, resulting in a decrease in Series A convertible preferred stock of $188,595, an increase in common stock of $4,189, and an increase in additional paid in capital of $184,406. Please see Note 12, “Stockholders’ Equity.”    

During the first quarter of 2011, the Company recorded a loss of $12,876 to write off previously capitalized debt issuance costs in connection with the amendment and restatement of its senior secured credit facility.

During the third quarter of 2011, the Company reacquired the rights in India to the Tommy Hilfiger trademarks that had been subject to a perpetual license. The Company is required to make annual contingent purchase price payments into 2016 (or, under certain circumstances, into 2017) based on a percentage of annual sales over a certain threshold of Tommy Hilfiger products in India. Such payments are subject to a $25,000 aggregate maximum and are due within 60 days following each one-year period. The fair value of such contingent purchase price payments, which was recorded as a liability as of the acquisition date, was estimated to be $9,559 as of the acquisition date.