XML 100 R85.htm IDEA: XBRL DOCUMENT v3.22.0.1
Summary of Impairment,Restructuring and COVID-19 Related Charges (Detail) - USD ($)
$ in Thousands
12 Months Ended
Jan. 29, 2022
Jan. 30, 2021
Feb. 01, 2020
Restructuring Cost And Reserve [Line Items]      
Long-lived asset Impairment charges $ 11,944 [1],[2] $ 249,163 [3] $ 66,252 [4]
Incremental COVID-19 related expenses [5]   26,930  
Severance and related employee costs   3,733 6,691
Other restructuring charges [6]     7,551
Total impairment, restructuring, and COVID-19 related charges $ 11,944 $ 279,826 [2] $ 80,494 [2]
[1] The Company recorded impairment charges of $11.9 million in Fiscal 2021, primarily related to store property and equipment and operating lease ROU assets.
[2] The difference between Operating income (loss) and Income (loss) before income taxes includes the following, which are not allocated to our reportable segments:

- For Fiscal 2021: interest expense (income), net of $34.6 million and other income, net of $2.5 million

- For Fiscal 2020: interest expense (income), net of $24.6 million and other income, net of $3.7 million

- For Fiscal 2019: interest expense (income), net of ($6.2) million and other income, net of $5.7 million
[3] In Fiscal 2020, the Company recorded impairment charges of $249.2 million. Included in this amount are retail store impairment charges of $203.2 million, of which $154.8 million relates to operating lease ROU assets and $48.4 million relates to store property and equipment (fixtures and equipment and leasehold improvements). We also recorded $28.0 million related to the impairment of certain corporate property and equipment, as well as $18.0 million of certain cost and equity method investments.
[4] In Fiscal 2019, the Company recorded asset impairment charges of $64.5 million on the assets of 20 retail stores. Of the total, $39.5 million related to the impairment of leasehold improvements and store fixtures, and $25.0 million related to the impairment of operating lease ROU assets. The Company also concluded that certain goodwill was impaired resulting in a $1.7 million charge in Fiscal 2019.
[5] Incremental COVID-19 related expenses consisting of personal protective equipment and supplies for our associates and customers.
[6] Other restructuring charges consists of $4.2 million of joint business venture exit charges, $1.8 million of Japan market transition costs and $1.5 million of China restructuring in Fiscal 2019.