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CONDENSED CONSOLIDATED STATEMENTS OF LOSS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
May 02, 2020
May 04, 2019
Net revenue $ 260,251 $ 536,691
Cost of product sales 226,022 354,742
Gross profit 34,229 181,949
Selling, general and administrative expenses 143,288 204,645
Asset impairment charges 52,972 1,775
Net losses on lease terminations 456 0
Loss from operations (162,487) (24,471)
Other income (expense):    
Interest expense (5,462) (1,259)
Interest income 610 361
Other income (expense), net (19,580) 2,071
Total other income (expense) (24,432) 1,173
Loss before income tax benefit (186,919) (23,298)
Income tax benefit (26,381) (2,717)
Net loss (160,538) (20,581)
Net earnings (loss) attributable to noncontrolling interests (2,872) 793
Net loss attributable to Guess, Inc. $ (157,666) $ (21,374)
Net loss per common share attributable to common stockholders (Note 3):    
Basic (in dollars per share) $ (2.40) $ (0.27)
Diluted (in dollars per share) $ (2.40) $ (0.27)
Weighted average common shares outstanding attributable to common stockholders (Note 3):    
Basic (in shares) 65,715 79,925
Diluted (in shares) 65,715 79,925
Product sales    
Net revenue $ 247,317 $ 517,873
Net royalties    
Net revenue $ 12,934 $ 18,818