SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS

12 Months Ended

Jan. 30, 2021

SCHEDULE II

GUESS?, INC. AND SUBSIDIARIES

VALUATION AND QUALIFYING ACCOUNTS

Years Ended January 30, 2021, February 1, 2020 and February 2, 2019

(in thousands)


	Balance at Beginning of Period		Costs Charged to Expenses		Deductions and Write-offs		Balance at End of Period
Description
As of January 30, 2021
Allowance for doubtful accounts	$	8,431	$	6,033	$	(264)	$	14,200
Allowance for markdowns	12,562		25,942		(22,259)		16,245
Allowance for sales returns	33,178		104,560		(110,545)		27,193


Allowance for deferred tax asset valuation	30,760		23,371		—		54,131
Total	$	84,931	$	159,906	$	(133,068)	$	111,769
As of February 1, 2020
Allowance for doubtful accounts	$	8,540	$	3,712	$	(3,821)	$	8,431
Allowance for markdowns	12,121		36,979		(36,538)		12,562
Allowance for sales returns	33,217		104,801		(104,840)		33,178
Allowance for deferred tax asset valuation	32,810		738		(2,788)		30,760
Total	$	86,688	$	146,230	$	(147,987)	$	84,931
As of February 2, 2019
Allowance for doubtful accounts	$	13,478	$	2,661	$	(7,599)	$	8,540
Allowance for markdowns	10,777		56,697		(55,353)		12,121
Allowance for sales returns	27,881		62,293		(56,957)		33,217
Allowance for deferred tax asset valuation	32,601		4,185		(3,976)		32,810
Total	$	84,737	$	125,836	$	(123,885)	$	86,688