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GOODWILL
 6 Months Ended
Aug. 05, 2018
Notes to Financial Statements [Abstract]  
GOODWILL
GOODWILL

The changes in the carrying amount of goodwill for the twenty-six weeks ended August 5, 2018, by segment (please see Note 18, “Segment Data,” for 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 February 4, 2018
 
 
 
 
 
 
 
 
 
 
 
 
 
Goodwill, gross    
$
780.2

 
$
942.0

 
$
204.4

 
$
1,661.6

 
$
246.5

 
$
11.9

 
$
3,846.6

Accumulated impairment losses    
—

 
—

 
—

 
—

 
—

 
(11.9
)
 
(11.9
)
Goodwill, net    
780.2

 
942.0

 
204.4

 
1,661.6

 
246.5

 
—

 
3,834.7

Contingent purchase price payments to Mr. Calvin Klein
1.0

 
0.7

 
—

 
—

 
—

 
—

 
1.7

Currency translation and other
(1.1
)
 
(34.6
)
 
—

 
(121.9
)
 
—

 
—

 
(157.6
)
Balance as of August 5, 2018
 
 
 
 
 
 
 
 
 
 
 
 
 
Goodwill, gross    
780.1

 
908.1

 
204.4

 
1,539.7

 
246.5

 
11.9

 
3,690.7

Accumulated impairment losses    
—

 
—

 
—

 
—

 
—

 
(11.9
)
 
(11.9
)
Goodwill, net    
$
780.1

 
$
908.1

 
$
204.4

 
$
1,539.7

 
$
246.5

 
$
—

 
$
3,678.8



The Company was required to make contingent purchase price payments to Mr. Calvin Klein in connection with the Company’s acquisition of all of the issued and outstanding stock of Calvin Klein, Inc. and certain affiliated companies. Such payments were 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 were 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 have been made were wholesale sales by the Company and its licensees and other partners to retailers. Such payments are subject to customary audit, as per the terms of the agreement. The payments were not due or paid in cash until 45 days subsequent to the Company’s applicable quarter end. As such, the final payment due to Mr. Klein, which was recorded to goodwill in the first quarter of 2018, was made in the second quarter of 2018.