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Stockholders' Equity and Redeemable Noncontrolling Interests (Tables)
 3 Months Ended
May 05, 2018
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 February 3, 2018 and three months ended May 5, 2018 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 28, 2017
84,069,492

 
56,440,482

 
$
969,222

 
$
11,772

 
$
980,994

 
$
4,452

Net earnings (loss)
—

 
—

 
(7,894
)
 
3,993

 
(3,901
)
 
—

Foreign currency translation adjustment
—

 
—

 
91,178

 
2,238

 
93,416

 
187

Loss on derivative financial instruments designated as cash flow hedges, net of income tax of $2,738
—

 
—

 
(19,994
)
 
—

 
(19,994
)
 
—

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 $435
—

 
—

 
(1,647
)
 
—

 
(1,647
)
 
—

Issuance of common stock under stock compensation plans, net of tax effect
1,113,713

 
—

 
(1,257
)
 
—

 
(1,257
)
 
—

Issuance of stock under Employee Stock Purchase Plan
54,300

 
(54,300
)
 
566

 
—

 
566

 
—

Share-based compensation
—

 
—

 
18,852

 
—

 
18,852

 
—

Dividends
—

 
—

 
(76,048
)
 
—

 
(76,048
)
 
—

Share repurchases
(3,866,387
)
 
3,866,387

 
(56,159
)
 
—

 
(56,159
)
 
—

Noncontrolling interest capital contribution
—

 
—

 
—

 
11

 
11

 
951

Noncontrolling interest capital distribution
—

 
—

 
—

 
(1,358
)
 
(1,358
)
 
—

Balance at February 3, 2018
81,371,118

 
60,252,569

 
$
916,819

 
$
16,656

 
$
933,475

 
$
5,590

Cumulative adjustment from adoption of new accounting guidance
—

 
—

 
5,829

 
—

 
5,829

 
—

Net earnings (loss)
—

 
—

 
(21,221
)
 
234

 
(20,987
)
 
—

Foreign currency translation adjustment
—

 
—

 
(24,248
)
 
(324
)
 
(24,572
)
 
(519
)
Gain on derivative financial instruments designated as cash flow hedges, net of income tax of ($1,287)
—

 
—

 
8,084

 
—

 
8,084

 
—

Actuarial valuation and prior service credit amortization and foreign currency and other adjustments on defined benefit plans, net of income tax of ($52)
—

 
—

 
436

 
—

 
436

 
—

Issuance of common stock under stock compensation plans, net of tax effect
689,341

 
—

 
3,890

 
—

 
3,890

 
—

Issuance of stock under Employee Stock Purchase Plan
15,313

 
(15,313
)
 
230

 
—

 
230

 
—

Share-based compensation
—

 
—

 
3,958

 
—

 
3,958

 
—

Dividends
—

 
—

 
(18,499
)
 
—

 
(18,499
)
 
—

Share repurchases
(1,118,808
)
 
1,118,808

 
(17,587
)
 
—

 
(17,587
)
 
—

Balance at May 5, 2018
80,956,964

 
61,356,064

 
$
857,691

 
$
16,566

 
$
874,257

 
$
5,071
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 months ended May 5, 2018 and April 29, 2017 are as follows (in thousands):
 
Three Months Ended May 5, 2018
 
Foreign Currency Translation Adjustment
 
Derivative Financial Instruments Designated as Cash Flow Hedges
 
Defined Benefit Plans
 
Total
Balance at February 3, 2018
$
(67,049
)
 
$
(14,369
)
 
$
(11,644
)
 
$
(93,062
)
Gains (losses) arising during the period
(24,248
)
 
6,468

 
311

 
(17,469
)
Reclassification to net loss for losses realized
—

 
1,616

 
125

 
1,741

Net other comprehensive income (loss)
(24,248
)
 
8,084

 
436

 
(15,728
)
Balance at May 5, 2018
$
(91,297
)
 
$
(6,285
)
 
$
(11,208
)
 
$
(108,790
)
 
Three Months Ended Apr 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
11,473

 
124

 
(13
)
 
11,584

Reclassification to net loss for (gains) losses realized
—

 
(576
)
 
89

 
(487
)
Net other comprehensive income (loss)
11,473

 
(452
)
 
76

 
11,097

Balance at April 29, 2017
$
(146,754
)
 
$
4,948

 
$
(8,486
)
 
$
(150,292
)
Reclassifications out of accumulated other comprehensive income (loss) to net loss
Details on reclassifications out of accumulated other comprehensive income (loss) to net loss during the three months ended May 5, 2018 and April 29, 2017 are as follows (in thousands):
 
Three Months Ended
 
Location of
(Gain) Loss
Reclassified from
Accumulated OCI
into Loss
 
May 5, 2018
 
Apr 29, 2017
 
Derivative financial instruments designated as cash flow hedges:
 
 
 
 
 
   Foreign exchange currency contracts
$
1,686

 
$
(618
)
 
Cost of product sales
   Foreign exchange currency contracts
201

 
(79
)
 
Other income/expense
   Interest rate swap
(8
)
 
36

 
Interest expense
      Less income tax effect
(263
)
 
85

 
Income tax expense
 
1,616

 
(576
)
 
 
Defined benefit plans:
 
 
 
 
 
   Net actuarial loss amortization (1)
152

 
117

 
Other income/expense
   Prior service credit amortization (1)
(7
)
 
(7
)
 
Other income/expense
      Less income tax effect
(20
)
 
(21
)
 
Income tax expense
 
125

 
89

 
 
Total reclassifications during the period
$
1,741

 
$
(487
)
 
 
__________________________________
(1)
These accumulated other comprehensive income (loss) components are included in the computation of net periodic defined benefit pension cost. During the first quarter of fiscal 2019, the Company adopted new authoritative guidance which requires that the non-service components of net periodic defined benefit pension cost be presented outside of earnings (loss) from operations. The Company adopted this guidance on a retrospective basis and, as a result, reclassified these components from SG&A expenses to other income (expense) for the three months ended April 29, 2017. Refer to Note 13 for further information.