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GOODWILL
 9 Months Ended
Oct. 30, 2016
Notes to Financial Statements [Abstract]  
GOODWILL
GOODWILL

The changes in the carrying amount of goodwill for the thirty-nine weeks ended October 30, 2016, by segment (please see Note 18, “Segment Data,” for a further discussion of the Company’s reportable segments), were as follows:
(In millions)
Calvin Klein North America
 
Calvin Klein International
 
Tommy Hilfiger North America
 
Tommy Hilfiger International
 
Heritage Brands Wholesale
 
Heritage Brands Retail
 
Total
Balance as of January 31, 2016
 
 
 
 
 
 
 
 
 
 
 
 
 
Goodwill, gross    
$
728.0

 
$
841.5

 
$
204.4

 
$
1,208.4

 
$
237.0

 
$
11.9

 
$
3,231.2

Accumulated impairment losses    
—

 
—

 
—

 
—

 
—

 
(11.9
)
 
(11.9
)
Goodwill, net    
728.0

 
841.5

 
204.4

 
1,208.4

 
237.0

 
—

 
3,219.3

Contingent purchase price payments to Mr. Calvin Klein
24.3

 
16.0

 
—

 
—

 
—

 
—

 
40.3

Acquisition of TH China
—

 
—

 
—

 
258.1

 
—

 
—

 
258.1

Reclassification of goodwill to assets held for sale
(20.5
)
 
—

 
—

 
—

 
(1.0
)
 
—

 
(21.5
)
Currency translation
0.1

 
10.0

 
—

 
(10.7
)
 
(0.2
)
 
—

 
(0.8
)
Balance as of October 30, 2016
 
 
 
 
 
 
 
 
 
 
 
 
 
Goodwill, gross    
731.9

 
867.5

 
204.4

 
1,455.8

 
235.8

 
11.9

 
3,507.3

Accumulated impairment losses    
—

 
—

 
—

 
—

 
—

 
(11.9
)
 
(11.9
)
Goodwill, net    
$
731.9

 
$
867.5

 
$
204.4

 
$
1,455.8

 
$
235.8

 
$
—

 
$
3,495.4



The Company is required to make contingent purchase price payments to Mr. Calvin Klein in connection with the Company’s acquisition in 2003 of all of the issued and outstanding stock of Calvin Klein, Inc. and certain affiliated companies (collectively, “Calvin Klein”). Such payments are based on 1.15% of total worldwide net sales, as defined in the acquisition agreement (as amended), of products bearing any of the Calvin Klein brands and are required to be made with respect to sales made through February 12, 2018. A significant portion of the sales on which the payments to Mr. Klein are made are wholesale sales by the Company and its licensees and other partners to retailers.

In anticipation of the Mexico deconsolidation, the Company reclassified $21.5 million of goodwill to assets held for sale in the Company’s Consolidated Balance Sheets as of October 30, 2016. Please see Note 4, “Assets Held For Sale,” for a further discussion.