INCOME TAXES (Tables)

12 Months Ended

Feb. 02, 2014

Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

The domestic and foreign components of income before provision for income taxes were as follows:



	2013		2012		2011
Domestic	$	98,772	$	229,080	$	127,393
Foreign	229,994		314,032		235,692
Total	$	328,766	$	543,112	$	363,085

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

The provision (benefit) for income taxes attributable to income consisted of the following:



	2013			2012		2011
Federal:
Current	$	116,950		$	18,743	$	18,053
Deferred	(29,331		)	35,766		17,880
State and local:
Current	5,848			4,716		9,128
Deferred	(5,164		)	6,305		(2,802		)
Foreign:
Current	124,664			35,826		45,324
Deferred	(27,683		)	7,916		(195		)
Total	$	185,284		$	109,272	$	87,388

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

The Company’s provision for income taxes for the years 2013, 2012 and 2011 was different from the amount computed by applying the statutory United States federal income tax rates to the underlying income as follows:



	2013		2012		2011
Statutory federal tax rate	35.0	%	35.0	%	35.0	%
State and local income taxes, net of federal income tax benefit	(3.0	)%	1.2	%	0.8	%
Effects of international jurisdictions, including foreign tax credits	(23.9	)%	(14.3	)%	(10.9	)%
Nondeductible professional fees in connection with acquisitions	—	%	1.0	%	—	%
Change in estimates for uncertain tax positions	44.3	%	0.7	%	(0.3	)%
Previously unrecognized tax credits	—	%	(1.0	)%	—	%
Decreases in international income tax rates	—	%	—	%	(1.4	)%
Change in valuation allowance	5.8	%	(1.6	)%	(1.6	)%
Other, net	(1.8	)%	(0.9	)%	2.5	%
Effective tax rate	56.4	%	20.1	%	24.1	%

In 2013, the Company recorded $145,525 of tax expense, which increased the 2013 effective tax rate by 44.3% and is displayed in the above table as change in estimates for uncertain tax positions. The majority of this expense relates to an increase to the Company’s previously established liability for an uncertain tax position related to European and United States transfer pricing arrangements. Such liabilities are expected to continue to be adjusted as facts and circumstances change. Also in 2013, the Company recorded expense of $19,227, which increased the 2013 effective tax rate by 5.8%. The majority of this expense relates to valuation allowances recorded on deferred tax assets from the Company’s business in Japan, as well as certain domestic state and local deferred tax assets.

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

The components of deferred income tax assets and liabilities were as follows:



	2013			2012
Gross deferred tax assets
Tax loss and credit carryforwards	$	282,888		$	95,665
Employee compensation and benefits	82,414			102,105
Inventories	18,047			13,765
Accounts receivable	26,698			12,751
Accrued expenses	38,051			22,844
Other, net	40,194			8,022
Subtotal	488,292			255,152
Valuation allowances	(43,553		)	(9,945		)
Total gross deferred tax assets, net of valuation allowances	$	444,739		$	245,207
Gross deferred tax liabilities
Intangibles	$	(1,197,118	)	$	(712,496	)
Property, plant and equipment	(75,113		)	(22,732		)
Total gross deferred tax liabilities	$	(1,272,231	)	$	(735,228	)
Net deferred tax liability	$	(827,492	)	$	(490,021	)

Summary of Income Tax Contingencies [Table Text Block]

Uncertain tax positions activity for each of the last two years was as follows:



	2013			2012
Balance at beginning of year	$	197,964		$	184,004
Increase due to assumed Warnaco positions	142,778			—
Increases related to prior year tax positions	123,396			3,775
Decreases related to prior year tax positions	(3,194		)	(2,747		)
Increases related to current year tax positions	64,059			22,114
Lapses in statute of limitations	(38,290		)	(10,939		)
Effects of foreign currency translation	(1,004		)	1,757
Balance at end of year	$	485,709		$	197,964

The entire amount of uncertain tax positions as of February 2, 2014, if recognized, would reduce the future effective tax rate under current accounting provisions.

- Definition

Tabular disclosure of tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities (i.e., uncertain tax positions) and other types of income tax contingencies, including: (1) the policy on classification of interest and penalties; (2) a tabular reconciliation of the total amounts of unrecognized tax benefits at the beginning and end of the period; the total amount(s) of: (3) unrecognized tax benefits that, if recognized, would affect the effective tax rate, and (4) interest and penalties recognized in each of the income statement and balance sheet; (5) for positions for which it is reasonably possible that the total amounts unrecognized will significantly change within 12 months of the reporting date the: (i) nature of the uncertainty, (ii) nature of the event that could occur that would cause the change, and (iii) an estimate of the range of the reasonably possible change or a statement that an estimate of the range cannot be made; and (6) a description of tax years that remain subject to examination by major tax jurisdictions.

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