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CONSOLIDATED INCOME STATEMENTS - USD ($)
$ in Millions
12 Months Ended
Feb. 04, 2018
Jan. 29, 2017
Jan. 31, 2016
Income Statement [Abstract]      
Net sales $ 8,439.4 $ 7,791.4 $ 7,605.5
Royalty revenue 366.3 320.6 324.8
Advertising and other revenue 109.1 91.1 90.0
Total revenue [1],[2] 8,914.8 8,203.1 8,020.3
Cost of goods sold (exclusive of depreciation and amortization) 4,020.4 3,832.8 3,858.7
Gross profit 4,894.4 4,370.3 4,161.6
Selling, general and administrative expenses 4,248.2 3,636.7 3,417.7
Debt modification and extinguishment costs 23.9 15.8 0.0
Other noncash gain, net 0.0 71.3 0.0
Equity in net income of unconsolidated affiliates 10.1 0.1 16.6
Income before interest and taxes [3] 632.4 789.2 760.5
Interest expense 128.5 120.9 117.0
Interest income 6.3 5.9 4.0
Income before taxes 510.2 674.2 647.5
Income tax (benefit) expense (25.9) 125.5 75.1
Net income 536.1 548.7 572.4
Less: Net loss attributable to redeemable non-controlling interest (1.7) (0.3) 0.0
Net income attributable to PVH Corp. $ 537.8 $ 549.0 $ 572.4
Basic net income per common share attributable to PVH Corp. $ 6.93 $ 6.84 $ 6.95
Diluted net income per common share attributable to PVH Corp. $ 6.84 $ 6.79 $ 6.89
[1] No single customer accounted for more than 10% of the Company’s revenue in 2017, 2016 or 2015.
[2] Revenue was impacted by fluctuations of the United States dollar against foreign currencies in which the Company transacts significant levels of business. Please see section entitled “Results of Operations” in Management’s Discussion and Analysis of Financial Condition and Results of Operations included in Item 7 of this report for further discussion.
[3] Income (loss) before interest and taxes was impacted by fluctuations of the United States dollar against foreign currencies in which the Company transacts significant levels of business. Please see section entitled “Results of Operations” in Management’s Discussion and Analysis of Financial Consolidation and Results of Operations included in Item 7 of this report for further discussion.