Quarterly Information (Unaudited)

12 Months Ended

Feb. 01, 2014

Quarterly Financial Information Disclosure [Abstract]

Quarterly Information (Unaudited)

Quarterly Information (Unaudited)

The following is a summary of the unaudited quarterly financial information for fiscal 2014 and fiscal 2013 (in thousands, except per share data):

	Quarterly Periods Ended (1)
Year ended February 1, 2014	May 4, 2013		Aug 3, 2013		Nov 2, 2013		Feb 1, 2014
Net revenue	$	548,914	$	639,012	$	613,497	$	768,363
Gross profit	197,426		248,532		228,227		301,949
Net earnings	11,100		40,703		34,811		71,097
Net earnings attributable to Guess?, Inc.	9,916		39,866		34,020		69,632
Net earnings per common share attributable to common stockholders: (2) (3)
Basic	$	0.12	$	0.47	$	0.40	$	0.82
Diluted	$	0.12	$	0.47	$	0.40	$	0.82

	Quarterly Periods Ended (1)
Year ended February 2, 2013	Apr 28, 2012		Jul 28, 2012		Oct 27, 2012		Feb 2, 2013
Net revenue	$	579,266	$	635,393	$	628,828	$	815,118
Gross profit	235,076		251,560		247,609		332,878
Net earnings	27,213		42,949		37,459		73,865
Net earnings attributable to Guess?, Inc.	26,646		42,899		36,647		72,552
Net earnings per common share attributable to common stockholders: (2) (4)
Basic	$	0.30	$	0.49	$	0.43	$	0.85
Diluted	$	0.30	$	0.49	$	0.43	$	0.85

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(1) All fiscal quarters presented consisted of 13 weeks with the exception of the quarter ended February 2, 2013 which consisted of 14 weeks.

(2) Per common share amounts for the quarters and full years have been calculated separately. Accordingly, quarterly amounts may not add to the annual amount because of differences in the average common shares outstanding during each period.

(3) During the first quarter of fiscal 2014, the Company implemented plans to streamline its structure and reduce expenses in both Europe and North America. During the second quarter of fiscal 2014, the Company expanded these plans to include the consolidation and streamlining of certain operations in Europe and Asia. These actions resulted in restructuring charges of $2.3 million, $6.1 million, $1.9 million and $2.1 million, respectively, during the first, second, third and fourth quarters of fiscal 2014. Refer to Note 9 for further detail regarding the restructuring charges.

(4) In January 2013, the Company settled a tax audit dispute in Italy, resulting in a charge of$12.8 million in the fourth quarter of fiscal 2013 in excess of amounts previously reserved, which was partially offset by unrelated tax benefits of $4.0 million. Refer to Note 11 for further detail regarding the tax settlement charge.