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RESTRUCTURING AND OTHER CHARGES (Tables)
12 Months Ended
Feb. 02, 2019
RESTRUCTURING AND OTHER CHARGES  
Summary of charges incurred

A summary of the charges incurred are presented in the table below (amounts in thousands):

 

 

 

 

 

 

 

 

 

    

 

 

 

 

 

 

 

Fiscal Year

 

 

 

 

 

 

2016

 

Cumulative

 

Lease termination costs

 

$

43,116

 

$

43,116

 

Store asset impairment charges and accelerated depreciation, net of deferred rent

 

 

1,734

 

 

24,880

 

Consulting costs

 

 

15,074

 

 

15,992

 

Inventory reserve charges

 

 

 —

 

 

11,008

 

Severance and employee-related costs

 

 

6,103

 

 

6,103

 

Favorable lease impairment charges

 

 

 —

 

 

5,533

 

Other costs

 

 

2,060

 

 

2,918

 

Total pre-tax restructuring and other charges(1)

 

$

68,087

 

$

109,550

 


(1)

For fiscal 2016, consists of $71.9 million included in SG&A offset by a $3.8 million reduction in cost of sales.  For fiscal 2016 and cumulatively since inception of the initiatives, of the total amounts recorded in the table above, $49.0 million and $88.9 million, respectively, relate to our retail segment and the remainder are recorded in shared services.