Impairment & Restructuring Charges (Tables)

12 Months Ended

Feb. 02, 2019

Restructuring And Related Activities [Abstract]

Summary of Restructuring Related Charges

	For the years ended
	February 2,		February 3,		January 28,
(In thousands)	2019		2018		2017
Severance and related employee costs	$	1,568	$	10,660	$	295
Lease termination and store closure costs		—	$	9,951	$	295
Total cash restructuring charges ⁽¹⁾	$	1,568		20,611		590

Joint business venture charges ⁽²⁾		—		7,964		—
Inventory charges ⁽³⁾		—		1,669		—
Asset impairment charges ⁽⁴⁾		—		—		20,576
Total impairment and restructuring charges	$	1,568	$	30,244	$	21,166

(1)	Cash charges of $1.6 million, $20.6 million and $0.6 million for Fiscal 2018, Fiscal 2017 and Fiscal 2016, respectively, for lease termination, store closures and severance were recorded within Impairment and Restructuring Charges on the Consolidated Statements of Operations

(2)	$8.0 million ($3.5 million cash and $4.5 million non-cash) of net charges for Fiscal 2017 related to the planned exit of a joint business venture were recorded within Other (Expense) Income, Net on the Consolidated Statements of Operations

(3)	Non-cash inventory charges of $1.7 million for Fiscal 2017 related to restructuring activities for our United Kingdom and Asia markets recorded as a reduction in Gross Profit on the Consolidated Statements of Operations.

(4)

Non-cash impairment charges of $20.6 million for Fiscal 2016 consisted of $7.2 million for the impairment of all Company-owned retail stores in the United Kingdom, Hong Kong and China, as well as $10.8 million of impairment and restructuring charges related to non-store corporate assets that support the international retail stores and e-commerce operations and $2.5 million of goodwill impairment for the China and Hong Kong retail operations.

Rollforward of Liabilities Recognized in Consolidated Balance Sheet

A rollforward of the liabilities recognized in the Consolidated Balance Sheet is as follows:

	February 2,
(In thousands)	2019
Accrued liability as of February 3, 2018	$	7,650
Add: Costs incurred, excluding non-cash charges		1,568
Less: Cash payments and adjustments		(2,589	)
Accrued liability as of February 2, 2019	$	6,629