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Stockholders' Equity and Redeemable Noncontrolling Interests (Tables)
 6 Months Ended
Jul. 29, 2017
Stockholders' Equity and Redeemable Noncontrolling Interests [Abstract]  
Reconciliation of common stock outstanding, treasury stock and the total carrying amount of total stockholders' equity, Guess, Inc. stockholders' equity and stockholders' equity attributable to nonredeemable and redeemable noncontrolling interests
A reconciliation of common stock outstanding, treasury stock and the total carrying amount of total stockholders’ equity, Guess?, Inc. stockholders’ equity and stockholders’ equity attributable to nonredeemable and redeemable noncontrolling interests for the fiscal year ended January 28, 2017 and six months ended July 29, 2017 is as follows (in thousands, except share data):
 
Shares
 
Stockholders’ Equity
 
 
 
Common Stock
 
Treasury Stock
 
Guess?, Inc.
Stockholders’
Equity
 
Nonredeemable
Noncontrolling
Interests
 
Total
 
Redeemable
Noncontrolling
Interests
Balance at January 30, 2016
83,833,937

 
56,195,000

 
$
1,018,475

 
$
12,818

 
$
1,031,293

 
$
5,252

Net earnings
—

 
—

 
22,761

 
2,637

 
25,398

 
—

Foreign currency translation adjustment
—

 
—

 
(575
)
 
(2,057
)
 
(2,632
)
 
818

Loss on derivative financial instruments designated as cash flow hedges, net of income tax of $864
—

 
—

 
(1,852
)
 
—

 
(1,852
)
 
—

Other-than-temporary-impairment and unrealized loss on marketable securities, net of income tax of ($6)
—

 
—

 
15

 
—

 
15

 
—

Actuarial valuation loss and related amortization, prior service credit amortization and foreign currency and other adjustments on defined benefit plans, net of income tax of $21
—

 
—

 
(923
)
 
—

 
(923
)
 
—

Issuance of common stock under stock compensation plans, net of tax effect
481,037

 
—

 
(3,813
)
 
—

 
(3,813
)
 
—

Issuance of stock under Employee Stock Purchase Plan
44,486

 
(44,486
)
 
558

 
—

 
558

 
—

Share-based compensation
—

 
—

 
16,908

 
—

 
16,908

 
—

Dividends
—

 
—

 
(76,997
)
 
—

 
(76,997
)
 
—

Share repurchases
(289,968
)
 
289,968

 
(3,532
)
 
—

 
(3,532
)
 
—

Purchase of redeemable noncontrolling interest
—

 
—

 
(1,133
)
 
1,133

 
—

 
(4,445
)
Noncontrolling interest capital contribution
—

 
—

 
—

 
—

 
—

 
2,157

Noncontrolling interest capital distribution
—

 
—

 
—

 
(2,759
)
 
(2,759
)
 
—

Redeemable noncontrolling interest redemption value adjustment
—

 
—

 
(670
)
 
—

 
(670
)
 
670

Balance at January 28, 2017
84,069,492

 
56,440,482

 
$
969,222

 
$
11,772

 
$
980,994

 
$
4,452

Net earnings (loss)
—

 
—

 
(6,074
)
 
728

 
(5,346
)
 
—

Foreign currency translation adjustment
—

 
—

 
54,552

 
2,320

 
56,872

 
30

Loss on derivative financial instruments designated as cash flow hedges, net of income tax of $2,248
—

 
—

 
(14,151
)
 
—

 
(14,151
)
 
—

Actuarial valuation and prior service credit amortization and foreign currency and other adjustments on defined benefit plans, net of income tax of ($32)
—

 
—

 
79

 
—

 
79

 
—

Issuance of common stock under stock compensation plans, net of tax effect
655,660

 
—

 
(434
)
 
—

 
(434
)
 
—

Issuance of stock under Employee Stock Purchase Plan
31,040

 
(31,040
)
 
285

 
—

 
285

 
—

Share-based compensation
—

 
—

 
8,150

 
—

 
8,150

 
—

Dividends
—

 
—

 
(37,987
)
 
—

 
(37,987
)
 
—

Share repurchases
(1,485,195
)
 
1,485,195

 
(17,827
)
 
—

 
(17,827
)
 
—

Noncontrolling interest capital contribution
—

 
—

 
—

 
11

 
11

 
951

Balance at July 29, 2017
83,270,997

 
57,894,637

 
$
955,815

 
$
14,831

 
$
970,646

 
$
5,433
Schedule of changes in accumulated other comprehensive income (loss), net of related income taxes
The changes in accumulated other comprehensive income (loss), net of related income taxes, for the three and six months ended July 29, 2017 and July 30, 2016 are as follows (in thousands):
 
Three Months Ended Jul 29, 2017
 
Foreign Currency Translation Adjustment
 
Derivative Financial Instruments Designated as Cash Flow Hedges
 
Defined Benefit Plans
 
Total
Balance at April 29, 2017
$
(146,754
)
 
$
4,948

 
$
(8,486
)
 
$
(150,292
)
Gains (losses) arising during the period
43,079

 
(13,093
)
 
(82
)
 
29,904

Reclassification to net earnings for (gains) losses realized
—

 
(606
)
 
85

 
(521
)
Net other comprehensive income (loss)
43,079

 
(13,699
)
 
3

 
29,383

Balance at July 29, 2017
$
(103,675
)
 
$
(8,751
)
 
$
(8,483
)
 
$
(120,909
)
 
Six Months Ended Jul 29, 2017
 
Foreign Currency Translation Adjustment
 
Derivative Financial Instruments Designated as Cash Flow Hedges
 
Defined Benefit Plans
 
Total
Balance at January 28, 2017
$
(158,227
)
 
$
5,400

 
$
(8,562
)
 
$
(161,389
)
Gains (losses) arising during the period
54,552

 
(12,969
)
 
(95
)
 
41,488

Reclassification to net loss for (gains) losses realized
—

 
(1,182
)
 
174

 
(1,008
)
Net other comprehensive income (loss)
54,552

 
(14,151
)
 
79

 
40,480

Balance at July 29, 2017
$
(103,675
)
 
$
(8,751
)
 
$
(8,483
)
 
$
(120,909
)

 
Three Months Ended Jul 30, 2016
 
Foreign Currency Translation Adjustment
 
Derivative Financial Instruments Designated as Cash Flow Hedges
 
Marketable Securities
 
Defined Benefit Plans
 
Total
Balance at April 30, 2016
$
(115,021
)
 
$
(3,773
)
 
$
(14
)
 
$
(7,728
)
 
$
(126,536
)
Gains (losses) arising during the period
(14,497
)
 
4,617

 
(2
)
 
26

 
(9,856
)
Reclassification to net earnings for (gains) losses realized
—

 
(881
)
 
—

 
59

 
(822
)
Net other comprehensive income (loss)
(14,497
)
 
3,736

 
(2
)
 
85

 
(10,678
)
Balance at July 30, 2016
$
(129,518
)
 
$
(37
)
 
$
(16
)
 
$
(7,643
)
 
$
(137,214
)
 
Six Months Ended Jul 30, 2016
 
Foreign Currency Translation Adjustment
 
Derivative Financial Instruments Designated as Cash Flow Hedges
 
Marketable Securities
 
Defined Benefit Plans
 
Total
Balance at January 30, 2016
$
(157,652
)
 
$
7,252

 
$
(15
)
 
$
(7,639
)
 
$
(158,054
)
Gains (losses) arising during the period
28,134

 
(5,263
)
 
(1
)
 
(123
)
 
22,747

Reclassification to net earnings for (gains) losses realized
—

 
(2,026
)
 
—

 
119

 
(1,907
)
Net other comprehensive income (loss)
28,134

 
(7,289
)
 
(1
)
 
(4
)
 
20,840

Balance at July 30, 2016
$
(129,518
)
 
$
(37
)
 
$
(16
)
 
$
(7,643
)
 
$
(137,214
)
Reclassifications out of accumulated other comprehensive income (loss) to net earnings (loss)
Details on reclassifications out of accumulated other comprehensive income (loss) to net earnings (loss) during the three and six months ended July 29, 2017 and July 30, 2016 are as follows (in thousands):
 
Three Months Ended
 
Six Months Ended
 
Location of
(Gain) Loss
Reclassified from
Accumulated OCI
into Earnings (Loss)
 
Jul 29, 2017
 
Jul 30, 2016
 
Jul 29, 2017
 
Jul 30, 2016
 
Derivative financial instruments designated as cash flow hedges:
 
 
 
 
 
 
 
 
 
   Foreign exchange currency contracts
$
(661
)
 
$
(1,141
)
 
$
(1,279
)
 
$
(2,576
)
 
Cost of product sales
   Foreign exchange currency contracts
(14
)
 
(49
)
 
(93
)
 
(81
)
 
Other income/expense
   Interest rate swap
26

 
59

 
62

 
110

 
Interest expense
      Less income tax effect
43

 
250

 
128

 
521

 
Income tax expense
 
(606
)
 
(881
)
 
(1,182
)
 
(2,026
)
 
 
Defined benefit plans:
 
 
 
 
 
 
 
 
 
   Actuarial loss amortization
111

 
85

 
228

 
171

 
(1) 
   Prior service credit amortization
(6
)
 
(7
)
 
(13
)
 
(14
)
 
(1) 
      Less income tax effect
(20
)
 
(19
)
 
(41
)
 
(38
)
 
Income tax expense
 
85

 
59

 
174

 
119

 
 
Total reclassifications during the period
$
(521
)
 
$
(822
)
 
$
(1,008
)
 
$
(1,907
)
 
 
__________________________________
(1)
These accumulated other comprehensive income (loss) components are included in the computation of net periodic defined benefit pension cost. Refer to Note 13 for further information.