Inventory	3 Months Ended
May 02, 2020
Inventory Disclosure [Abstract]
Inventory	INVENTORY We use the moving average cost method to determine the cost of merchandise inventories. We identify potentially excess and slow-moving inventories by evaluating inventory aging, turn rates and inventory levels in conjunction with our overall sales trend. Further, inventory realization exposure is identified through analysis of gross margins and markdowns in combination with changes in current business trends. We record excess and slow-moving inventories at net realizable value. As a result of changes in the market for certain Company products and the resulting slowdown in sell through rates due to the impact of the COVID-19 pandemic, carrying amounts for those inventories were reduced by $43.1 million during the first quarter of fiscal 2020. These inventory write-offs are included in cost of goods sold in the accompanying unaudited condensed consolidated statements of (loss) income. Inventory write-offs for the thirteen weeks ended May 4, 2019 were $4.9 million.

We use the moving average cost method to determine the cost of merchandise inventories. We identify potentially excess and slow-moving inventories by evaluating inventory aging, turn rates and inventory levels in conjunction with our overall sales trend. Further, inventory realization exposure is identified through analysis of gross margins and markdowns in combination with changes in current business trends. We record excess and slow-moving inventories at net realizable value. As a result of changes in the market for certain Company products and the resulting slowdown in sell through rates due to the impact of the COVID-19 pandemic, carrying amounts for those inventories were reduced by $43.1 million during the first quarter of fiscal 2020. These inventory write-offs are included in cost of goods sold in the accompanying unaudited condensed consolidated statements of (loss) income. Inventory write-offs for the thirteen weeks ended May 4, 2019 were $4.9 million.