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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Aug. 01, 2020
Aug. 03, 2019
Aug. 01, 2020
Aug. 03, 2019
Net revenue $ 398,539 $ 683,220 $ 658,790 $ 1,219,911
Cost of product sales 251,511 417,554 477,533 772,296
Gross profit 147,028 265,666 181,257 447,615
Selling, general and administrative expenses 150,293 218,175 293,581 422,820
Asset impairment charges 11,969 1,504 64,941 3,279
Net gains on lease terminations (885) 0 (429) 0
Earnings (loss) from operations (14,349) 45,987 (176,836) 21,516
Other income (expense):        
Interest expense (5,941) (4,951) (11,403) (6,210)
Interest income 436 313 1,046 674
Other income (expense), net 5,548 (6,355) (14,032) (4,284)
Total other income (expense) 43 (10,993) (24,389) (9,820)
Earnings (loss) before income tax expense (benefit) (14,306) 34,994 (201,225) 11,696
Income tax expense (benefit) 6,386 8,818 (19,995) 6,101
Net earnings (loss) (20,692) 26,176 (181,230) 5,595
Net earnings (loss) attributable to noncontrolling interests (334) 854 (3,206) 1,647
Net earnings (loss) attributable to Guess, Inc. $ (20,358) $ 25,322 $ (178,024) $ 3,948
Net earnings (loss) per common share attributable to common stockholders (Note 3):        
Basic (in dollars per share) $ (0.31) $ 0.36 $ (2.72) $ 0.05
Diluted (in dollars per share) $ (0.31) $ 0.35 $ (2.72) $ 0.05
Weighted average common shares outstanding attributable to common stockholders (Note 3):        
Basic (in shares) 65,177 70,508 65,446 75,216
Diluted (in shares) 65,177 71,356 65,446 76,155
Product sales        
Net revenue $ 386,392 $ 664,678 $ 633,709 $ 1,182,551
Net royalties        
Net revenue $ 12,147 $ 18,542 $ 25,081 $ 37,360