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Document and Entity Information Document
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3 Months Ended | |
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Apr. 29, 2012
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May 30, 2012
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| Document and Entity Information [Abstract] | ||
| Entity Registrant Name | PVH CORP. /DE/ | |
| Entity Central Index Key | 0000078239 | |
| Current Fiscal Year End Date | --02-03 | |
| Entity Filer Category | Large Accelerated Filer | |
| Document Type | 10-Q | |
| Document Period End Date | Apr. 29, 2012 | |
| Document Fiscal Year Focus | 2012 | |
| Document Fiscal Period Focus | Q1 | |
| Amendment Flag | false | |
| Entity Common Stock, Shares Outstanding | 70,390,258 | |
| Entity Well-known Seasoned Issuer | Yes | |
| Entity Voluntary Filers | No | |
| Entity Current Reporting Status | Yes |
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- Definition
If the value is true, then the document as an amendment to previously-filed/accepted document. No definition available.
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- Definition
End date of current fiscal year in the format --MM-DD. No definition available.
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- Definition
This is focus fiscal period of the document report. For a first quarter 2006 quarterly report, which may also provide financial information from prior periods, the first fiscal quarter should be given as the fiscal period focus. Values: FY, Q1, Q2, Q3, Q4, H1, H2, M9, T1, T2, T3, M8, CY. No definition available.
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- Definition
This is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006. No definition available.
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- Definition
The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD. No definition available.
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- Definition
The type of document being provided (such as 10-K, 10-Q, N-1A, etc). The document type is limited to the same value as the supporting SEC submission type, minus any "/A" suffix. The acceptable values are as follows: S-1, S-3, S-4, S-11, F-1, F-3, F-4, F-9, F-10, 6-K, 8-K, 10, 10-K, 10-Q, 20-F, 40-F, N-1A, 485BPOS, 497, NCSR, N-CSR, N-CSRS, N-Q, 10-KT, 10-QT, 20-FT, POS AM and Other. No definition available.
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- Definition
A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Indicate number of shares outstanding of each of registrant's classes of common stock, as of latest practicable date. Where multiple classes exist define each class by adding class of stock items such as Common Class A [Member], Common Class B [Member] onto the Instrument [Domain] of the Entity Listings, Instrument No definition available.
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- Definition
Indicate "Yes" or "No" whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure. No definition available.
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- Definition
Indicate whether the registrant is one of the following: (1) Large Accelerated Filer, (2) Accelerated Filer, (3) Non-accelerated Filer, or (4) Smaller Reporting Company. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure. No definition available.
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- Definition
The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Indicate "Yes" or "No" if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. No definition available.
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- Definition
Indicate "Yes" or "No" if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Is used on Form Type: 10-K, 10-Q, 8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR, N-Q, N-1A. No definition available.
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- Details
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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified |
Apr. 29, 2012
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Jan. 29, 2012
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May 01, 2011
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| Current Assets: | |||
| Cash and cash equivalents | $ 238,612 | $ 233,197 | $ 294,958 |
| Trade receivables, net of allowances for doubtful accounts | 530,771 | 467,628 | 502,416 |
| Other receivables | 13,403 | 13,337 | 9,769 |
| Inventories, net | 735,848 | 809,009 | 690,537 |
| Prepaid expenses | 107,303 | 111,228 | 72,901 |
| Other, including deferred taxes | 102,016 | 104,836 | 100,324 |
| Total Current Assets | 1,727,953 | 1,739,235 | 1,670,905 |
| Property, Plant and Equipment, net | 479,486 | 458,891 | 418,224 |
| Goodwill | 1,845,237 | 1,822,475 | 1,929,797 |
| Tradenames | 2,312,175 | 2,306,857 | 2,431,489 |
| Perpetual License Rights | 86,000 | 86,000 | 86,000 |
| Other Intangibles, net | 163,414 | 165,521 | 180,784 |
| Other Assets, including deferred taxes | 166,132 | 173,382 | 137,219 |
| Total Assets | 6,780,397 | 6,752,361 | 6,854,418 |
| Current Liabilities: | |||
| Accounts payable | 255,507 | 366,138 | 267,727 |
| Accrued expenses | 507,886 | 556,366 | 507,928 |
| Deferred revenue | 31,630 | 38,376 | 27,812 |
| Short-term borrowings | 107,393 | 13,040 | 12,277 |
| Current portion of long-term debt | 79,477 | 69,951 | 46,298 |
| Total Current Liabilities | 981,893 | 1,043,871 | 862,042 |
| Long-Term Debt | 1,794,862 | 1,832,925 | 2,208,191 |
| Other Liabilities, including deferred taxes | 1,174,333 | 1,160,116 | 1,113,196 |
| Stockholders' Equity: | |||
| Preferred stock | 0 | 0 | 0 |
| Series A convertible preferred stock | 94,298 | 188,595 | 188,595 |
| Common stock | 70,679 | 68,298 | 67,553 |
| Additional pain in capital - common stock | 1,487,085 | 1,377,922 | 1,321,840 |
| Retained earnings | 1,234,710 | 1,147,079 | 892,325 |
| Accumulated other comprehensive (loss) income | (35,262) | (50,426) | 213,480 |
| Less: shares of common stock held in treasury, at cost | (22,201) | (16,019) | (12,804) |
| Total Stockholders' Equity | 2,829,309 | 2,715,449 | 2,670,989 |
| Total Liabilities and Stockholders' Equity | $ 6,780,397 | $ 6,752,361 | $ 6,854,418 |
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- Definition
Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Value received from shareholders in common stock-related transactions that are in excess of par value or stated value and amounts received from other stock-related transactions. Includes only common stock transactions (excludes preferred stock transactions). May be called contributed capital, capital in excess of par, capital surplus, or paid-in capital. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Includes currency on hand as well as demand deposits with banks or financial institutions. It also includes other kinds of accounts that have the general characteristics of demand deposits in that the Entity may deposit additional funds at any time and also effectively may withdraw funds at any time without prior notice or penalty. Cash equivalents, excluding items classified as marketable securities, include short-term, highly liquid investments that are both readily convertible to known amounts of cash, and so near their maturity that they present minimal risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three years ago does not become a cash equivalent when its remaining maturity is three months. Compensating balance arrangements that do not legally restrict the withdrawal or usage of cash amounts may be reported as Cash and Cash Equivalents, while legally restricted deposits held as compensating balances against borrowing arrangements, contracts entered into with others, or company statements of intention with regard to particular deposits are not generally reported as cash and cash equivalents. Includes cash and cash equivalents associated with the entity's continuing operations. Excludes cash and cash equivalents associated with the disposal group (and discontinued operation). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Value of outstanding nonredeemable convertible preferred stock or outstanding convertible preferred stock that is redeemable solely at the option of the issuer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The carrying amount of consideration received or receivable as of the balance sheet date on potential earnings that were not recognized as revenue in conformity with GAAP, and which are expected to be recognized as such within one year or the normal operating cycle, if longer, including sales, license fees, and royalties, but excluding interest income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Carrying amount as of the balance sheet date, which is the cumulative amount paid and (if applicable) the fair value of any noncontrolling interest in the acquiree, adjusted for any amortization recognized prior to the adoption of any changes in generally accepted accounting principles (as applicable) and for any impairment charges, in excess of the fair value of net assets acquired in one or more business combination transactions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Carrying amount (original costs adjusted for previously recognized amortization and impairment) as of the balance sheet date for the capitalized costs to acquire rights under a license arrangement (for example, to sell specified products in a specified territory) having an indefinite period of benefit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Carrying amount (original costs adjusted for previously recognized amortization and impairment) as of the balance sheet date for the rights acquired through registration of a trademark to gain or protect exclusive use of a business name, symbol or other device or style for a projected indefinite period of benefit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Carrying amount (lower of cost or market) as of the balance sheet date of inventories less all valuation and other allowances. Excludes noncurrent inventory balances (expected to remain on hand past one year or one operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total of all Liabilities and Stockholders' Equity items (or Partners' Capital, as applicable), including the portion of equity attributable to noncontrolling interests, if any. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Total of the portions of the carrying amounts as of the balance sheet date of long-term debt, which may include notes payable, bonds payable, debentures, mortgage loans, and commercial paper, which are scheduled to be repaid within one year or the normal operating cycle, if longer, and after deducting unamortized discount or premiums, if any. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Sum of the carrying values as of the balance sheet date of all long-term debt, which is debt initially having maturities due after one year from the balance sheet date or beyond the operating cycle, if longer, but excluding the portions thereof scheduled to be repaid within one year (current maturities) or the normal operating cycle, if longer, and after deducting unamortized discount or premiums, if any. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate carrying amount, as of the balance sheet date, of current assets not separately disclosed in the balance sheet. Current assets are expected to be realized or consumed within one year (or the normal operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate carrying amount, as of the balance sheet date, of noncurrent assets not separately disclosed in the balance sheet. Noncurrent assets are expected to be realized or consumed after one year (or the normal operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The net carrying amount as of the balance sheet date of other indefinite-lived and finite-lived intangible assets that are not separately presented on the statement of financial position. No definition available.
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- Definition
Aggregate carrying amount, as of the balance sheet date, of noncurrent obligations not separately disclosed in the balance sheet. Noncurrent liabilities are expected to be paid after one year (or the normal operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Carrying amounts due as of the balance sheet date from parties or arising from transactions not otherwise specified in the taxonomy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Value of all nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) held by shareholders, which is net of related treasury stock. May be all or a portion of the number of preferred shares authorized. These shares represent the ownership interest of the preferred shareholders. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Sum of the amounts paid in advance for capitalized costs that will be expensed with the passage of time or the occurrence of a triggering event, and will be charged against earnings within one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Tangible assets that are held by an entity for use in the production or supply of goods and services, for rental to others, or for administrative purposes and that are expected to provide economic benefit for more than one year; net of accumulated depreciation. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cumulative amount of the reporting entity's undistributed earnings or deficit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Reflects the total carrying amount as of the balance sheet date of debt having initial terms less than one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount allocated to treasury stock. Treasury stock is common and preferred shares of an entity that were issued, repurchased by the entity, and are held in its treasury. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The total liquidation preference (or restrictions) of nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) that has a preference in involuntary liquidation considerably in excess of the par or stated value of the shares. The liquidation preference is the difference between the preference in liquidation and the par or stated values of the share. No definition available.
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- Definition
A valuation allowance for trade and other receivables due to an Entity within one year (or the normal operating cycle, whichever is longer) that are expected to be uncollectible. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Face amount or stated value of common stock per share; generally not indicative of the fair market value per share. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The maximum number of common shares permitted to be issued by an entity's charter and bylaws. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The current portion of the aggregate tax effects as of the balance sheet date of all future tax deductions arising from temporary differences between tax basis and generally accepted accounting principles basis recognition of assets, liabilities, revenues and expenses, which can only be deducted for tax purposes when permitted under enacted tax laws; after deducting the allocated valuation allowance, if any, to reduce such amount to net realizable value. Deferred tax liabilities and assets are classified as current or noncurrent based on the classification of the related asset or liability for financial reporting. A deferred tax liability or asset that is not related to an asset or liability for financial reporting, including deferred tax assets related to carryforwards, are classified according to the expected reversal date of the temporary difference. An unrecognized tax benefit that is directly related to a position taken in a tax year that results in a net operating loss carryforward is presented as a reduction of the related deferred tax asset. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The noncurrent portion as of the balance sheet date of the aggregate carrying amount of all future tax deductions arising from temporary differences between tax basis and generally accepted accounting principles basis recognition of assets, liabilities, revenues and expenses, which can only be deducted for tax purposes when permitted under enacted tax laws; after the valuation allowance, if any, to reduce such amount to net realizable value. Deferred tax liabilities and assets are classified as current or noncurrent based on the classification of the related asset or liability for financial reporting. A deferred tax liability or asset that is not related to an asset or liability for financial reporting, including deferred tax assets related to carryforwards, is classified according to the expected reversal date of the temporary difference. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Represents the noncurrent portion of deferred tax liabilities, which result from applying the applicable tax rate to net taxable temporary differences pertaining to each jurisdiction to which the entity is obligated to pay income tax. A noncurrent taxable temporary difference is a difference between the tax basis and the carrying amount of a noncurrent asset or liability in the financial statements prepared in accordance with generally accepted accounting principles. In a classified statement of financial position, an enterprise separates deferred tax liabilities and assets into a current amount and a noncurrent amount. Deferred tax liabilities and assets are classified as current or noncurrent based on the classification of the related asset or liability for financial reporting. A deferred tax liability or asset that is not related to an asset or liability for financial reporting, including deferred tax assets related to carryforwards, are classified according to the expected reversal date of the temporary difference. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Details
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- Definition
Face amount or stated value per share of nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer); generally not indicative of the fair market value per share. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The maximum number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) permitted to be issued by an entity's charter and bylaws. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) issued to shareholders (includes related preferred shares that were issued, repurchased, and remain in the treasury). May be all or portion of the number of preferred shares authorized. Excludes preferred shares that are classified as debt. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate share number for all nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) held by stockholders. Does not include preferred shares that have been repurchased. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Number of common and preferred shares that were previously issued and that were repurchased by the issuing entity and held in treasury on the financial statement date. This stock has no voting rights and receives no dividends. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Consolidated Income Statements (USD $)
In Thousands, except Per Share data, unless otherwise specified |
3 Months Ended | |
|---|---|---|
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Apr. 29, 2012
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May 01, 2011
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| Income Statement [Abstract] | ||
| Net sales | $ 1,312,849 | $ 1,256,986 |
| Royalty revenue | 85,460 | 81,992 |
| Advertising and other revenue | 29,097 | 30,206 |
| Total revenue | 1,427,406 | 1,369,184 |
| Cost of goods sold | 670,577 | 640,605 |
| Gross profit | 756,829 | 728,579 |
| Selling, general and administrative expenses | 606,505 | 591,902 |
| Debt modification costs | 0 | 16,233 |
| Equity in income of unconsolidated affiliates | 1,924 | 0 |
| Income before interest and taxes | 152,248 | 120,444 |
| Interest expense | 29,517 | 33,444 |
| Interest income | 273 | 374 |
| Income before taxes | 123,004 | 87,374 |
| Income tax expense | 29,890 | 29,707 |
| Net income | $ 93,114 | $ 57,667 |
| Basic net income per common share (in dollars per share) | $ 1.29 | $ 0.81 |
| Diluted net income per common share (in dollars per share) | $ 1.27 | $ 0.79 |
| Dividends declared per common share | $ 0.075 | $ 0.075 |
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- Definition
Includes (i) advertising revenue, which represents contributions made by licensees toward advertising based on contractual obligations, and (ii) revenues from the sale of other goods or rendering of other services, not elsewhere specified in the taxonomy; net of (reduced by) sales adjustments, returns, allowances, and discounts. No definition available.
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- Definition
Costs incurred in the modification of term of existing debt agreement, including a loss to write-off previously capitalized debt issuance costs. No definition available.
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- Definition
Sum of operating profit and nonoperating income (expense) before interest expense, interest income, income taxes, extraordinary itmes, cumulative items, cumulative effects of change in accounting principles and noncontrolling interest. No definition available.
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- Definition
Aggregate dividends declared during the period for each share of common stock outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total costs related to goods produced and sold during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
This element represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses from ongoing operations, after income or loss from equity method investments, but before income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
This item represents the entity's proportionate share for the period of the net income (loss) of its investee (such as unconsolidated subsidiaries and joint ventures) to which the equity method of accounting is applied. This item includes income or expense related to stock-based compensation based on the investor's grant of stock to employees of an equity method investee. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The sum of the current income tax expense or benefit and the deferred income tax expense or benefit pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cost of borrowed funds accounted for as interest that was charged against earnings during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Income derived from investments in debt securities and on cash and cash equivalents the earnings of which reflect the time value of money or transactions in which the payments are for the use or forbearance of money. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Revenue earned during the period from the leasing or otherwise lending to a third party the entity's rights or title to certain property. Royalty revenue is derived from a percentage or stated amount of sales proceeds or revenue generated by the third party using the entity's property. Examples of property from which royalties may be derived include patents and oil and mineral rights. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Aggregate revenue during the period from the sale of goods in the normal course of business, after deducting returns, allowances and discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Consolidated Statements of Comprehensive Income (USD $)
In Thousands, unless otherwise specified |
3 Months Ended | |
|---|---|---|
|
Apr. 29, 2012
|
May 01, 2011
|
|
| Net income | $ 93,114 | $ 57,667 |
| Foreign currency translation adjustments, net of tax expense | 17,001 | 171,329 |
| Amortization of net loss and prior service credit related to pension and postretirement plans, net of tax expense | 2,410 | 1,437 |
| Net unrealized and realized loss on effective hedges, net of tax expense (benefit) | (4,247) | (15,030) |
| Comprehensive income | $ 108,278 | $ 215,403 |
| X | ||||||||||
|
- Definition
The change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to the reporting entity. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners, but excludes any and all transactions which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The increase (decrease) in accumulated comprehensive income during the period related to pension and other postretirement benefit plans, after tax. While for technical reasons this element has no balance attribute, the default assumption is a credit balance consistent with its label. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Net of tax effect change in accumulated gains and losses from derivative instruments designated and qualifying as the effective portion of cash flow hedges after taxes. A cash flow hedge is a hedge of the exposure to variability in the cash flows of a recognized asset or liability or a forecasted transaction that is attributable to a particular risk. The change includes an entity's share of an equity investee's increase or decrease in deferred hedging gains or losses. While for technical reasons this element has no balance attribute, the default assumption is a credit balance consistent with its label. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Adjustment that results from the process of translating subsidiary financial statements and foreign equity investments into the reporting currency of the reporting entity, net of tax. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Consolidated Statements of Comprehensive Income (Parenthetical) (USD $)
In Thousands, unless otherwise specified |
3 Months Ended | |
|---|---|---|
|
Apr. 29, 2012
|
May 01, 2011
|
|
| Foreign currency translation adjustments, tax expense | $ 237 | $ 903 |
| Amortization of net loss and prior service credit related to pension and postretirement plans, tax expense | 1,502 | 895 |
| Net unrealized and realized loss on effective hedges, tax expense (benefit) | $ 989 | $ (237) |
| X | ||||||||||
|
- Definition
Tax effects of the increase (decrease) to accumulated comprehensive income during the period related to benefit plans. While for technical reasons this element has no balance attribute, the default assumption is a credit balance consistent with its label. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Total tax effect of the change in accumulated gains and losses from derivative instruments designated and qualifying as the effective portion of cash flow hedges. The change includes an entity's share of an equity investee's increase or decrease in deferred hedging gains or losses. While for technical reasons this element has no balance attribute, the default assumption is a credit balance consistent with its label. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Tax effect of the adjustment that results from the process of translating subsidiary financial statements and foreign equity investments into functional currency of the reporting entity. While for technical reasons this element has no balance attribute, the default assumption is a credit balance consistent with its label. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Costs incurred in the modification of term of existing debt agreement, including a loss to write-off previously capitalized debt issuance costs. No definition available.
|
| X | ||||||||||
|
- Definition
The net change during the reporting period in the aggregate amount of obligations and expenses incurred but not paid; and the net change during the reporting period, excluding the portion taken into income, in the liability reflecting services yet to be performed by the reporting entity for which cash or other forms of consideration was received or recorded as a receivable. No definition available.
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Includes currency on hand as well as demand deposits with banks or financial institutions. It also includes other kinds of accounts that have the general characteristics of demand deposits in that the Entity may deposit additional funds at any time and also effectively may withdraw funds at any time without prior notice or penalty. Cash equivalents, excluding items classified as marketable securities, include short-term, highly liquid investments that are both readily convertible to known amounts of cash, and so near their maturity that they present minimal risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three years ago does not become a cash equivalent when its remaining maturity is three months. Compensating balance arrangements that do not legally restrict the withdrawal or usage of cash amounts may be reported as Cash and Cash Equivalents, while legally restricted deposits held as compensating balances against borrowing arrangements, contracts entered into with others, or company statements of intention with regard to particular deposits are not generally reported as cash and cash equivalents. Includes cash and cash equivalents associated with the entity's continuing operations. Excludes cash and cash equivalents associated with the disposal group (and discontinued operation). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in cash and cash equivalents. While for technical reasons this element has no balance attribute, the default assumption is a debit balance consistent with its label. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The component of income tax expense for the period representing the increase (decrease) in the entity's deferred tax assets and liabilities pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The effect of exchange rate changes on cash balances held in foreign currencies. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Reductions in the entity's income taxes that arise when compensation cost (from non-qualified share-based compensation) recognized on the entity's tax return exceeds compensation cost from equity-based compensation recognized in financial statements. This element represents the cash inflow reported in the enterprise's financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
This item represents the entity's proportionate share for the period of the net income (loss) of its investee (such as unconsolidated subsidiaries and joint ventures) to which the equity method of accounting is applied. This item includes income or expense related to stock-based compensation based on the investor's grant of stock to employees of an equity method investee. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in amount due within one year (or one business cycle) from customers for the credit sale of goods and services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in the aggregate value of all inventory held by the reporting entity, associated with underlying transactions that are classified as operating activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in other assets used in operating activities less other operating liabilities used in operating activities not separately disclosed in the statement of cash flows. May include changes in other current assets and liabilities, other noncurrent assets and liabilities, or a combination of other current and noncurrent assets and liabilities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in the amount of outstanding money paid in advance for goods or services that bring economic benefits for future periods. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The net cash inflow or outflow from financing activity for the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The net cash inflow or outflow from investing activity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The net cash from (used in) all of the entity's operating activities, including those of discontinued operations, of the reporting entity. Operating activities generally involve producing and delivering goods and providing services. Operating activity cash flows include transactions, adjustments, and changes in value that are not defined as investing or financing activities. While for technical reasons this element has no balance attribute, the default assumption is a debit balance consistent with its label. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The net cash inflow or outflow associated with the aggregate amount of adjustment to the purchase price of a previous acquisition. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow to reacquire common stock during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow for cost incurred in the modification of term of existing debt agreement in order for the entity to achieve some advantage. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow from distribution of an entity's earnings to common and preferred stockholders, including minority shareholders. This element excludes special dividends, which are included in a separate element for capital distributions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow associated with the investment in or advances to an entity in which the reporting entity shares control of the entity with another party or group. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The total cash inflow associated with the amount received from holders to acquire the entity's shares under incentive and share awards, including stock option exercises. This item inherently excludes any excess tax benefit, which the entity may have realized and reported separately. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash inflow from a contractual arrangement with the lender, including letter of credit, standby letter of credit and revolving credit arrangements, under which borrowings can be made up to a specific amount at any point in time with either short term or long term maturity that is collateralized (backed by pledge, mortgage or other lien in the entity's assets). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The net cash inflow or outflow for borrowing having initial term of repayment within one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow to pay off an obligation from a contractual arrangement with the lender, including letter of credit, standby letter of credit and revolving credit arrangements, under which borrowings can be made up to a specific amount at any point in time with either short term or long term maturity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow for the obligation for a lease meeting the criteria for capitalization (with maturities exceeding one year or beyond the operating cycle of the entity, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow for debt initially having maturity due after one year or beyond the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
GENERAL
|
3 Months Ended |
|---|---|
|
Apr. 29, 2012
|
|
| Notes to Financial Statements [Abstract] | |
| GENERAL | GENERAL PVH Corp. and its subsidiaries (collectively, the “Company”) together constitute a global apparel company whose brand portfolio consists of nationally and internationally recognized brand names, including Calvin Klein, Tommy Hilfiger, Van Heusen, IZOD, ARROW, and Bass, which are owned, and Geoffrey Beene, Kenneth Cole New York, Kenneth Cole Reaction, MICHAEL Michael Kors, Sean John, CHAPS, Donald J. Trump Signature Collection, JOE Joseph Abboud and DKNY, which are licensed, as well as various other licensed and private label brands. The Company designs and markets branded dress shirts, neckwear, sportswear and, to a lesser extent, footwear and other related products and licenses its owned brands over a broad range of products. The consolidated financial statements include the accounts of the Company. Intercompany accounts and transactions have been eliminated in consolidation. Investments in entities that the Company does not control but has the ability to exercise significant influence over are accounted for using the equity method of accounting. The Company’s Consolidated Income Statements include its proportionate share of the net income or loss of these entities. The Company’s fiscal years are based on the 52-53 week period ending on the Sunday closest to February 1 and are designated by the calendar year in which the fiscal year commences. References to a year are to the Company’s fiscal year, unless the context requires otherwise. The accompanying unaudited consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States for interim financial information. Accordingly, they do not contain all disclosures required by accounting principles generally accepted in the United States for complete financial statements. Reference should be made to the audited consolidated financial statements, including the notes thereto, included in the Company’s Annual Report on Form 10-K for the year ended January 29, 2012. The preparation of interim financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ materially from the estimates. The results of operations for the thirteen weeks ended April 29, 2012 and May 1, 2011 are not necessarily indicative of those for a full fiscal year due, in part, to seasonal factors. The data contained in these financial statements are unaudited and are subject to year-end adjustments. However, in the opinion of management, all known adjustments (which consist only of normal recurring accruals) have been made to present fairly the consolidated operating results for the unaudited periods. Certain reclassifications have been made to the consolidated financial statements and the notes thereto for the prior year periods to present that information on a basis consistent with the current year. References to the brand names Calvin Klein Collection, ck Calvin Klein, Calvin Klein, Tommy Hilfiger, Van Heusen, IZOD, ARROW, Bass, G.H. Bass & Co., Geoffrey Beene, Kenneth Cole New York, Kenneth Cole Reaction, MICHAEL Michael Kors, Sean John, CHAPS, Donald J. Trump Signature Collection, JOE Joseph Abboud, DKNY and Timberland and to other brand names are to registered trademarks owned by the Company or licensed to the Company by third parties and are identified by italicizing the brand name. |
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The entire disclosure for organization, consolidation and basis of presentation of financial statements disclosure. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
INVENTORIES
|
3 Months Ended |
|---|---|
|
Apr. 29, 2012
|
|
| Notes to Financial Statements [Abstract] | |
| INVENTORIES | INVENTORIES Inventories are comprised principally of finished goods and are stated at the lower of cost or market. Cost for certain wholesale apparel inventories in North America is determined using the first-in, first-out method. Cost for all other inventories is determined using the weighted average cost method. |
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The entire disclosure for inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. For LIFO inventory, may disclose the amount and basis for determining the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
INVESTMENTS IN UNCONSOLIDATED AFFILIATES
|
3 Months Ended |
|---|---|
|
Apr. 29, 2012
|
|
| Notes to Financial Statements [Abstract] | |
| INVESTMENTS IN UNCONSOLIDATED AFFILIATES | INVESTMENTS IN UNCONSOLIDATED AFFILIATES In 2011, the Company formed a joint venture, TH Asia Ltd., in China, in which the Company owns a 45% equity interest. The joint venture assumed on August 1, 2011 direct control of the Tommy Hilfiger wholesale and retail distribution business in China from the licensee at that time. The Company made funding payments with respect to its 45% interest totaling $17,100 during 2011 (of which $10,350 was made in the first quarter). This investment is being accounted for under the equity method of accounting. In the third quarter of 2011, the Company completed the $30,000 acquisition from Ganesha Limited and Ganesha Brands Limited, both of which are affiliates of GVM International Limited (“GVM”), of a 50% equity interest in a company that has since been renamed Tommy Hilfiger Arvind Fashion Private Limited (“TH India”). TH India was GVM’s sublicensee of the Tommy Hilfiger trademarks for apparel, footwear and handbags in India. As a result of the transaction, TH India is now the direct licensee of the trademarks for all categories (other than fragrance), operates a wholesale apparel, footwear and handbags business in connection with its license and sublicenses the trademarks for certain other product categories. The Company made additional payments totaling $1,600 to TH India during 2011 with respect to its 50% interest. This investment is being accounted for under the equity method of accounting. Included in other assets in the Company’s Consolidated Balance Sheets as of April 29, 2012 and May 1, 2011 is $49,355 and $10,350, respectively, related to these investments in unconsolidated affiliates. |
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The entire disclosure for equity investment, or group of investments, for which combined disclosure is appropriate, including: (a) the name of each investee and percentage of ownership of common stock, (b) accounting policies for investments in common stock, (c) difference between the amount at which the investment is carried and the amount of underlying equity in net assets and the accounting treatment of the difference, (d) the total fair value of each identified investment for which a market value is available, (e) summarized information as to assets, liabilities, and results of operations of the investees (for investments in unconsolidated subsidiaries, common stock of joint ventures, or other investments using the equity method), and (f) material effects of possible conversions, exercises, or contingent issuances of the investee. Other disclosures include (a) the names of any investee in which the investor owns 20 percent or more of the voting stock and investment is not accounted for using the equity method, and the reasons why not, and (b) the names of any investee in which the investor owns less than 20 percent of the voting stock and the investment is accounted for using the equity method, and the reasons why it is. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
GOODWILL
|
3 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Apr. 29, 2012
|
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| Notes to Financial Statements [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| GOODWILL | GOODWILL The changes in the carrying amount of goodwill for the thirteen weeks ended April 29, 2012, by segment, were as follows:
The Company is required to make contingent purchase price payments to Mr. Calvin Klein in connection with the Company’s acquisition in 2003 of all of the issued and outstanding stock of Calvin Klein, Inc. and certain affiliated companies (collectively, “Calvin Klein”). Such payments are based on 1.15% of total worldwide net sales, as defined in the agreement (as amended) governing the Calvin Klein acquisition, of products bearing any of the Calvin Klein brands and are required to be made with respect to sales made through February 12, 2018. A significant portion of the sales on which the payments to Mr. Klein are made are wholesale sales by the Company and its licensees and other partners to retailers. |
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| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The entire disclosure for goodwill. No definition available.
|
|
RETIREMENT AND BENEFIT PLANS
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Apr. 29, 2012
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| Notes to Financial Statements [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RETIREMENT AND BENEFIT PLANS | RETIREMENT AND BENEFIT PLANS The Company has five noncontributory defined benefit pension plans covering substantially all employees resident in the United States who meet certain age and service requirements. For those vested (after five years of service), the plans provide monthly benefits upon retirement based on career compensation and years of credited service. The Company also has for certain of such employees an unfunded non-qualified supplemental defined benefit pension plan, which provides benefits for compensation in excess of Internal Revenue Service earnings limits and requires payments to vested employees upon, or shortly after, employment termination or retirement. The Company refers to these six plans as its “pension plans.” The Company has an unfunded non-qualified supplemental defined benefit plan covering three current and 17 retired executives. Under the individual participants’ agreements, the participants in this plan will receive a predetermined amount during the 10 years following the attainment of age 65, provided that prior to the termination of employment with the Company, the participant has been in the plan for at least 10 years and has attained age 55. In addition, as a result of the Company’s acquisition of Tommy Hilfiger B.V. and certain affiliated companies (collectively, “Tommy Hilfiger”), the Company also has for certain members of Tommy Hilfiger’s domestic senior management a supplemental executive retirement plan, which is an unfunded non-qualified supplemental defined benefit pension plan. Such plan is frozen and, as a result, participants do not accrue additional benefits. The Company refers to these two plans as its “SERP Plans.” The Company also provides certain postretirement health care and life insurance benefits to certain retirees resident in the United States. Retirees contribute to the cost of this plan, which is unfunded. During 2002, the postretirement plan was amended to eliminate benefits for active participants who, as of January 1, 2003, had not attained age 55 and 10 years of service. Net benefit cost was recognized in selling, general and administrative expenses as follows:
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The entire disclosure for pension and other postretirement benefits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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DEBT
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Apr. 29, 2012
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| Notes to Financial Statements [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| DEBT | DEBT Short-Term Borrowings One of the Company’s subsidiaries has a Yen-denominated overdraft facility with a Japanese bank, which provides for borrowings of up to ¥1,000,000 (approximately $12,400 based on exchange rates in effect on April 29, 2012) and is utilized to fund working capital. Borrowings under the facility are unsecured and bear interest at the one-month Japanese inter-bank borrowing rate (“TIBOR”) plus 0.15%. Such facility renews automatically unless the Company gives notice of termination. The full amount of this facility was borrowed as of April 29, 2012. The weighted average interest rate on the funds borrowed at April 29, 2012 was 0.33%. In addition, the Company had $95,000 of revolving credit borrowings outstanding under its senior secured credit facility as of April 29, 2012. Please see the section entitled “Senior Secured Credit Facility” below for a further discussion. Long-Term Debt The carrying amounts of the Company’s long-term debt were as follows:
As of April 29, 2012, the Company’s mandatory long-term debt repayments for the next five years were as follows:
As of April 29, 2012, after taking into account the interest rate swap and cap agreements discussed below, approximately 70% of the Company’s total long-term debt was at a fixed rate or at a variable rate that was capped, with the remainder at variable rates that were uncapped. Senior Secured Credit Facility On May 6, 2010, the Company entered into a senior secured credit facility, which it amended and restated on March 2, 2011 (“the amended facility”). The amended facility consists of a Euro-denominated term loan A facility, a United States dollar-denominated term loan A facility, a Euro-denominated term loan B facility, a United States dollar-denominated term loan B facility, a United States dollar-denominated revolving credit facility and two multi-currency (one United States dollar and Canadian dollar, and the other Euro, Japanese Yen and British Pound) revolving credit facilities. The maturity of the term loan A facilities and the revolving loan facilities is in January 2016. The maturity of the term loan B facilities is in May 2016. The Company’s ability to pay cash dividends and make other restricted payments is limited, in each case, over specified amounts as defined in the agreement governing the amended facility. In connection with the closing of the amended facility, the Company voluntarily prepaid $149,275 of term loan borrowings with cash on hand. The Company made payments on its term loans totaling $30,292 during the thirteen weeks ended April 29, 2012. The amended facility provided for initial borrowings of up to an aggregate of approximately $1,970,000 (based on applicable exchange rates on March 2, 2011), consisting of (i) an aggregate of approximately $1,520,000 of term loan facilities; and (ii) approximately $450,000 of revolving credit facilities. As of April 29, 2012, based on applicable exchange rates on such date, the amended facility provided for approximately $450,000 of revolving credit, under which the Company had $95,000 of revolving credit borrowings and $60,356 of letters of credit outstanding. The maximum amount of revolving credit borrowings outstanding during the thirteen weeks ended April 29, 2012 was $110,000. The weighted average interest rate on the revolving credit borrowings as of April 29, 2012 was 4.50%. The Company had $1,174,713 outstanding under the term loan facilities as of, and based on applicable exchange rates on, April 29, 2012. The repaid borrowings under the term loan facilities are not subject to reborrowing. The terms of each of the term loan A and B facilities contain a mandatory repayment schedule on a quarterly basis. The outstanding borrowings under the amended facility are prepayable without penalty (other than customary breakage costs). The terms of the amended facility require the Company to repay certain amounts outstanding thereunder with (a) net cash proceeds of the incurrence of certain indebtedness, (b) net cash proceeds of certain asset sales or other dispositions (including as a result of casualty or condemnation) that exceed certain thresholds, to the extent such proceeds are not reinvested in the business in accordance with customary reinvestment provisions and (c) a percentage of excess cash flow, which percentage is based upon the Company’s leverage ratio during the relevant fiscal period. The United States dollar-denominated borrowings under the amended facility bear interest at a rate equal to an applicable margin plus, as determined at the Company’s option, either (a) a base rate determined as the highest of (i) the prime rate, (ii) the United States federal funds rate plus 1/2 of 1% and (iii) a one-month adjusted Eurocurrency rate plus 1% (provided that, in the case of the term loan B facility, in no event will the base rate be less than 1.75%) or (b) an adjusted Eurocurrency rate, calculated in a manner set forth in the amended facility (provided that, in the case of the term loan B facility, in no event will the adjusted Eurocurrency rate be less than 0.75%). Canadian dollar-denominated borrowings under the amended facility bear interest at a rate equal to an applicable margin plus, as determined at the Company’s option, either (a) a Canadian prime rate determined by reference to the greater of (i) the average of the rates of interest per annum equal to the per annum rate of interest quoted, published and commonly known in Canada as the “prime rate” or which Royal Bank of Canada establishes at its main office in Toronto, Ontario as the reference rate of interest in order to determine interest rates for loans in Canadian dollars to its Canadian borrowers and (ii) the sum of (x) the average of the rates per annum for Canadian dollar bankers’ acceptances having a term of one month that appears on the Reuters Screen CDOR Page as of 10:00 a.m. (Toronto time) on the date of determination, as reported by the administrative agent (and if such screen is not available, any successor or similar service as may be selected by the administrative agent), and (y) 1%, or (b) an adjusted Eurocurrency rate, calculated in a manner set forth in the amended facility. The borrowings under the amended facility in currencies other than United States dollars or Canadian dollars bear interest at a rate equal to an applicable margin plus an adjusted Eurocurrency rate, calculated in a manner set forth in the amended facility (provided that, in the case of the term loan B facility, in no event will the adjusted Eurocurrency rate be less than 0.75%). The current applicable margins are (a) in the case of the United States dollar-denominated term loan A facility, 2.25% for adjusted Eurocurrency rate loans and 1.25% for base rate loans, as applicable, (b) in the case of the United States dollar-denominated term loan B facility, 2.75% for adjusted Eurocurrency rate loans and 1.75% for base rate loans, as applicable, (c) in the case of the Euro-denominated term loan A facility, 2.50%, (d) in the case of the Euro-denominated term loan B facility, 3.00% and (e) in the case of the revolving credit facilities, (x) for borrowings denominated in United States dollars, 2.25% for adjusted Eurocurrency rate loans and 1.25% for base rate loans, as applicable, (y) for borrowings denominated in Canadian dollars, 2.25% for adjusted Eurocurrency rate loans and 1.25% for Canadian prime rate loans, as applicable, and (z) for borrowings denominated in other currencies, 2.50%. After the date of delivery of the compliance certificate and financial statements with respect to the Company’s fiscal quarter ending April 29, 2012 and each subsequent quarter, the applicable margin for borrowings under the term loan A facilities and the revolving credit facilities will be adjusted depending on the Company’s leverage ratio. During the second quarter of 2011, the Company entered into an interest rate swap agreement for a three-year term commencing on June 6, 2011. The agreement has been designed with the intended effect of converting an initial notional amount of $632,000 of the Company’s variable rate debt obligation under its United States dollar-denominated senior secured term loan A facility to fixed rate debt. According to a pre-set schedule during the term of the swap agreement, the initial notional amount was reduced to $608,000 as of April 29, 2012, and will continue to be reduced such that, based on the Company’s projections for future debt repayments, the Company’s outstanding debt under the facility is expected to always equal or exceed the then-outstanding notional amount of the swap. Under the terms of the agreement for the then-outstanding notional amount, the Company’s exposure to fluctuations in the three-month London inter-bank borrowing rate (“LIBOR”) is eliminated, and it will pay a fixed rate of 1.197%, plus the current applicable margin. In addition, during the second quarter of 2011, the Company entered into an interest rate cap agreement for a 15-month term commencing on June 6, 2011. The agreement has been designed with the intended effect of capping the interest rate on an initial notional amount of €165,895 of the Company’s variable rate debt obligation under its Euro-denominated senior secured term loan A and B facilities. According to a pre-set schedule during the term of the cap agreement, the initial notional amount was reduced to €36,633 as of April 29, 2012, and will continue to be adjusted such that the Company’s outstanding debt under the facilities is expected to always exceed the then-outstanding notional amount of the cap agreement. Under the terms of the agreement for the then-outstanding notional amount, the three-month Euro inter-bank borrowing rate (“EURIBOR”) that the Company will pay is capped at a rate of 2%. Therefore, the maximum amount of interest that the Company will pay on the then-outstanding notional amount will be at the 2% capped rate, plus the current applicable margin. 7 3/8% Senior Notes Due 2020 On May 6, 2010, the Company issued $600,000 principal amount of 7 3/8% senior notes due May 15, 2020. Interest on the 7 3/8% notes is payable semi-annually in arrears on May 15 and November 15 of each year. The Company may redeem some or all of these notes on or after May 15, 2015 at specified redemption prices. The Company may redeem some or all of these notes at any time prior to May 15, 2015 by paying a “make whole” premium. In addition, the Company may also redeem up to 35% of these notes prior to May 15, 2013, by paying a set premium, with the net proceeds of certain equity offerings. The Company’s ability to pay cash dividends and make other restricted payments is limited, in each case, over specified amounts as defined in the indenture governing the notes. 7 3/4% Debentures Due 2023 The Company has outstanding $100,000 of debentures due on November 15, 2023 with a yield to maturity of 7.80%. The debentures accrue interest at the rate of 7 3/4%, which is payable semi-annually. Pursuant to the indenture governing the debentures, the Company must maintain a certain level of stockholders’ equity in order to pay cash dividends and make other restricted payments, as defined in the indenture governing the debentures. |
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The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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INCOME TAXES
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Apr. 29, 2012
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| Notes to Financial Statements [Abstract] | |
| INCOME TAXES | INCOME TAXES The effective income tax rates for the thirteen weeks ended April 29, 2012 and May 1, 2011 were 24.3% and 34.0%, respectively. The effective income tax rate for the thirteen weeks ended April 29, 2012 was lower than the United States statutory rate due to the benefit of the overall lower tax rates in international jurisdictions where the Company files tax returns, partially offset by state and local taxes. The effective income tax rate for the thirteen weeks ended May 1, 2011 was slightly lower than the United States statutory rate due to the benefit of the overall lower tax rates in international jurisdictions where the Company files tax returns, largely offset by state and local taxes and foreign earnings taxed in the United States. |
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The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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DERIVATIVE FINANCIAL INSTRUMENTS
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Apr. 29, 2012
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| Notes to Financial Statements [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| DERIVATIVE FINANCIAL INSTRUMENTS | DERIVATIVE FINANCIAL INSTRUMENTS The Company has exposure to changes in foreign currency exchange rates related to certain anticipated cash flows associated with certain international inventory purchases. To help manage this exposure, the Company periodically uses foreign currency forward exchange contracts. The Company also has exposure to interest rate volatility related to its senior secured term loan facilities. The Company has entered into an interest rate swap agreement and an interest rate cap agreement to hedge against this exposure. Please see Note 6, “Debt,” for a further discussion of these agreements. The Company records the foreign currency forward exchange contracts, interest rate swap agreement and interest rate cap agreement (collectively referred to as “cash flow hedges”) at fair value in its Consolidated Balance Sheets. Changes in fair value of cash flow hedges that are designated as effective hedging instruments are deferred in equity as a component of accumulated other comprehensive (loss) income (“AOCI”). The cash flows from such hedges are presented in the same category on the Consolidated Statements of Cash Flows as the items being hedged. Any ineffectiveness in such cash flow hedges is immediately recognized in earnings and no contracts were excluded from effectiveness testing. In addition, changes in the fair value of hedges that are not designated as effective hedging instruments are immediately recognized in earnings. The Company does not use derivative financial instruments for trading or speculative purposes. The following table summarizes the fair value and presentation in the Consolidated Balance Sheets for the Company’s derivative financial instruments:
At April 29, 2012, the notional amount outstanding of foreign currency forward exchange contracts for inventory purchases was approximately $408,000. Such contracts expire principally between May 2012 and April 2013. The following table summarizes the effect of the Company’s cash flow hedges designated as hedging instruments:
There were no amounts recognized in income related to the ineffective portion of cash flow hedges designated as hedging instruments during the thirteen week periods ended April 29, 2012 and May 1, 2011. A net gain in AOCI on foreign currency forward exchange contracts at April 29, 2012 of $5,369 is estimated to be reclassified in the next 12 months in the Consolidated Income Statements to costs of goods sold as the underlying inventory is purchased and sold. In addition, a net loss in AOCI for interest rate contracts at April 29, 2012 of $3,942 is estimated to be reclassified to interest expense within the next 12 months. The following table summarizes the effect of the Company’s foreign currency forward exchange contracts for inventory purchases that were not designated as hedging instruments:
The Company had no derivative financial instruments with credit risk related contingent features underlying the related contracts as of April 29, 2012. |
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The entire disclosure for the entity's entire derivative instruments and hedging activities. Describes an entity's risk management strategies, derivatives in hedging activities and non-hedging derivative instruments, the assets, obligations, liabilities, revenues and expenses arising therefrom, and the amounts of and methodologies and assumptions used in determining the amounts of such items. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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FAIR VALUE MEASUREMENTS
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Apr. 29, 2012
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| Notes to Financial Statements [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| FAIR VALUE MEASUREMENTS | FAIR VALUE MEASUREMENTS Financial Accounting Standards Board (“FASB”) guidance for fair value measurements defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. It also establishes a three level hierarchy that prioritizes the inputs used to measure fair value. The three levels of the hierarchy are defined as follows: Level 1 – Inputs are unadjusted quoted prices in active markets for identical assets or liabilities that the Company has the ability to access at the measurement date. Level 2 – Observable inputs other than quoted prices included in Level 1, including quoted prices for similar assets or liabilities in active markets, quoted prices for identical assets or liabilities in inactive markets, inputs other than quoted prices that are observable for the asset or liability and inputs derived principally from or corroborated by observable market data. Level 3 – Unobservable inputs reflecting the Company’s own assumptions about inputs that market participants would use in pricing the asset or liability based on the best information available. In accordance with the fair value hierarchy described above, the following table shows the fair value of the Company’s financial assets and liabilities that are required to be remeasured at fair value on a recurring basis:
The fair value of the foreign currency forward exchange contracts related to inventory purchases is measured as the total amount of currency to be purchased, multiplied by the difference between (i) the forward rate as of the period end and (ii) the settlement rate specified in each contract. The fair values of the interest rate contracts are based on observable interest rate yield curves and represent the expected discounted cash flows underlying the financial instruments. In relation to the reacquisition of the rights to the Tommy Hilfiger trademarks in India during 2011, the Company is required to make annual contingent purchase price payments based on a percentage of annual sales in excess of an agreed upon threshold of Tommy Hilfiger products in India for a period of five years (or, under certain circumstances, a period of six years) following the acquisition date. Such payments are subject to a $25,000 aggregate maximum over the payment period and are due within 60 days following each one year period. The first one year period commenced on July 1, 2011. The Company is required to remeasure this liability at fair value on a recurring basis and classifies this as a Level 3 measurement. The fair value of such contingent purchase price payments was determined using the discounted cash flow method, based on net sales projections for the Tommy Hilfiger apparel and accessories businesses in India, discounted using rates of return that account for the relative risks of the estimated future cash flows. Excluding the initial recognition of the liability for the contingent purchase price payments, changes in the fair value are included within selling, general and administrative expenses. The following table presents the change in the Level 3 contingent purchase price payment liability for the thirteen weeks ended April 29, 2012:
Additional information with respect to assumptions used to value the contingent purchase price payment liability follows:
A five percentage point decrease in the discount rate would increase the liability by approximately $2,000, while a five percentage point increase in the discount rate would decrease the liability by approximately $1,500. A five percentage point increase or decrease in the compounded annual net sales growth rate would change the liability by approximately $1,000. There were no transfers between any levels of the fair value hierarchy for any of the Company’s fair value measurements. There were no non-financial assets or liabilities that were required to be remeasured at fair value on a non-recurring basis during the thirteen week periods ended April 29, 2012 and May 1, 2011. The carrying amounts and the fair values of the Company’s cash and cash equivalents, short-term borrowings and long-term debt as of April 29, 2012 and May 1, 2011 were as follows:
The fair values of cash and cash equivalents and short-term borrowings approximate their carrying values due to the short-term nature of these instruments. The Company estimates the fair value of its long-term debt using quoted market prices as of the last business day of the applicable quarter. The Company classifies the measurement of its long-term debt as a Level 1 measurement. |
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The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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STOCK-BASED COMPENSATION
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Apr. 29, 2012
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| Notes to Financial Statements [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| STOCK-BASED COMPENSATION | STOCK-BASED COMPENSATION The Company grants stock-based awards under its 2006 Stock Incentive Plan (the “2006 Plan”). The 2006 Plan replaced the Company’s 1997, 2000 and 2003 Stock Option Plans. The 1997, 2000 and 2003 Stock Option Plans terminated upon the 2006 Plan’s initial stockholder approval in June 2006, other than with respect to outstanding options under the terminated plans, which continue to be governed by the respective plan under which they were granted. Shares issued as a result of stock-based compensation transactions generally have been funded with the issuance of new shares of the Company’s common stock. The Company may grant the following types of incentive awards under the 2006 Plan: (i) non-qualified stock options (“NQs”); (ii) incentive stock options (“ISOs”); (iii) stock appreciation rights; (iv) restricted stock; (v) restricted stock units (“RSUs”); (vi) performance shares; and (vii) other stock-based awards. Each award granted under the 2006 Plan is subject to an award agreement that incorporates, as applicable, the exercise price, the term of the award, the periods of restriction, the number of shares to which the award pertains, applicable performance period(s) and performance measure(s) and such other terms and conditions as the plan committee determines. Through April 29, 2012, the Company has granted under the 2006 Plan: (i) service-based NQs and RSUs; (ii) contingently issuable performance shares; and (iii) RSUs that are intended to satisfy the performance-based condition for deductibility under Section 162(m) of the Internal Revenue Code. According to the terms of the 2006 Plan, for purposes of determining the number of shares available for grant, each share underlying a stock option award reduces the number available by one share and each share underlying an RSU or performance share award reduces the number available by three shares for awards made before April 29, 2009 and by two shares for awards made on or after April 29, 2009. The per share exercise price of options granted under the 2006 Plan cannot be less than the closing price of the common stock on the date of grant (the business day prior to the date of grant for awards granted prior to September 21, 2006). The Company currently has service-based NQs and ISOs outstanding under its 1997, 2000 and 2003 Stock Option Plans. Such options were granted with an exercise price equal to the closing price of the Company’s common stock on the business day immediately preceding the date of grant. Net income for the thirteen weeks ended April 29, 2012 and May 1, 2011 included $10,516 and $9,723, respectively, of pre-tax expense related to stock-based compensation. Options currently outstanding are generally cumulatively exercisable in four equal annual installments commencing one year after the date of grant. The vesting of options outstanding is also generally accelerated upon retirement (as defined in the applicable plan). Options are generally granted with a 10-year term. The Company estimates the fair value of stock options granted at the date of grant using the Black-Scholes-Merton model. The estimated fair value of the options, net of estimated forfeitures, is expensed on a straight-line basis over the options’ vesting periods. The following summarizes the assumptions used to estimate the fair value of service-based stock options granted during the thirteen weeks ended April 29, 2012 and May 1, 2011:
The Company has continued to utilize the simplified method to estimate the expected term for its “plain vanilla” stock options granted due to a lack of relevant historical data resulting, in part, from changes in the pool of employees receiving option grants. The Company will continue to evaluate the appropriateness of utilizing such method. Service-based stock option activity for the thirteen weeks ended April 29, 2012 was as follows:
RSUs granted to employees generally vest in three annual installments of 25%, 25% and 50% commencing two years after the date of grant. Service-based RSUs granted to non-employee directors vest in four equal annual installments commencing one year after the date of grant for awards granted prior to 2010 and vest in full one year after the date of grant for awards granted during or after 2010. The underlying RSU award agreements (excluding agreements for non-employee director awards made during or after 2010) generally provide for accelerated vesting upon the award recipient’s retirement (as defined in the 2006 Plan). The fair value of service-based RSUs is equal to the closing price of the Company’s common stock on the date of grant and is expensed, net of estimated forfeitures, on a straight-line basis over the RSUs’ vesting periods. RSU activity for the thirteen weeks ended April 29, 2012 was as follows:
The Company granted restricted stock to certain of Tommy Hilfiger’s management employees in connection with the Company’s acquisition of Tommy Hilfiger on May 6, 2010. The restricted stock is not subject to the 2006 Plan but its grant was approved by the Company’s Board of Directors. The shares of restricted stock are registered in the names of each such employee and are held in a third-party escrow account until they vest, at which time the stock will be delivered to the applicable employee. The restricted stock generally vests two years after the date of grant. The fair value of restricted stock is equal to the closing price of the Company’s common stock on May 6, 2010 and is expensed, net of forfeitures, on a straight-line basis over the restricted stock’s vesting period. Restricted stock activity for the thirteen weeks ended April 29, 2012 was as follows:
The restricted stock that was not vested as of April 29, 2012 vested on May 6, 2012. The Company granted contingently issuable performance share awards to certain of the Company’s senior executives during the first quarter of 2012 subject to a performance period of two years and a service period of three years. The Company granted contingently issuable performance share awards to certain of the Company’s senior executives during 2011 subject to a performance period of two years. The Company granted contingently issuable performance share awards to all of the Company’s senior executives (other than senior executives of Tommy Hilfiger) on May 6, 2010 subject to a performance period of three years. The final number of shares that will be earned, if any, is contingent upon the Company’s achievement of goals for each of the performance periods based on both earnings per share growth and return on equity for the awards granted in the first quarter of 2012 and 2011 and earnings per share growth for the awards granted in 2010 and the third quarter of 2011 during the applicable performance cycle. Depending on the level of performance achieved, up to a total number of 96, 94 and 496 shares could be issued for all non-vested performance share awards granted in 2012, 2011 and 2010, respectively. The Company records expense for the contingently issuable performance shares ratably over each applicable vesting period based on fair value and the Company’s current expectations of the probable number of shares that will ultimately be issued. The fair value of the contingently issuable performance shares is equal to the closing price of the Company’s common stock on the date of grant, reduced for the present value of any dividends expected to be paid on the Company’s common stock during the performance cycle, as these contingently issuable performance shares do not accrue dividends prior to being earned. Performance share activity for the thirteen weeks ended April 29, 2012 was as follows:
The Company receives a tax deduction for certain transactions associated with its stock plan awards. The actual income tax benefits realized from these transactions for the thirteen weeks ended April 29, 2012 and May 1, 2011 were $4,363 and $4,470, respectively. Of those amounts, $2,912 and $2,440, respectively, were reported as excess tax benefits. Excess tax benefits arise when the actual tax benefit resulting from a stock plan award transaction exceeds the tax benefit associated with the grant date fair value of the related stock award. |
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The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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STOCKHOLDERS' EQUITY
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Apr. 29, 2012
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| Notes to Financial Statements [Abstract] | |
| STOCKHOLDERS' EQUITY | STOCKHOLDERS’ EQUITY Series A Convertible Preferred Stock Issuance and Conversion On May 6, 2010, the Company completed the sale of an aggregate of 8 shares of Series A convertible preferred stock, par value $100.00 per share, for an aggregate gross purchase price of $200,000 and for net proceeds of $188,595 after related fees and expenses. The Series A convertible preferred stock has a liquidation preference of $25,000 per share and is convertible at a price of $47.74 into 4,189 shares of common stock. The conversion price was established in a definitive agreement, which formed a binding commitment with the preferred stockholders in March 2010, and is subject to equitable adjustment in the event of the Company taking certain actions, including stock splits, stock dividends, mergers, consolidations or other capital reorganizations. The Series A convertible preferred stock is not subject to mandatory redemption nor is it redeemable, in whole or in part, by the Company at its option or that of any holder. The holders of the Series A convertible preferred stock are entitled to vote and participate in dividends with the holders of the Company’s common stock on an as-converted basis. During the thirteen weeks ended April 29, 2012, the holders of Series A convertible preferred stock converted an aggregate of $94,297 of the Series A convertible preferred stock, or 4 shares, into 2,095 shares of the Company’s common stock. |
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The entire disclosure for shareholders' equity, comprised of portions attributable to the parent entity and noncontrolling interest, if any, including other comprehensive income (as applicable). Including, but not limited to: (1) balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings; (2) accumulated balance for each classification of other comprehensive income and total amount of comprehensive income; (3) amount and nature of changes in separate accounts, including the number of shares authorized and outstanding, number of shares issued upon exercise and conversion, and for other comprehensive income, the adjustments for reclassifications to net income; (4) rights and privileges of each class of stock authorized; (5) basis of treasury stock, if other than cost, and amounts paid and accounting treatment for treasury stock purchased significantly in excess of market; (6) dividends paid or payable per share and in the aggregate for each class of stock for each period presented; (7) dividend restrictions and accumulated preferred dividends in arrears (in aggregate and per share amount); (8) retained earnings appropriations or restrictions, such as dividend restrictions; (9) impact of change in accounting principle, initial adoption of new accounting principle and correction of an error in previously issued financial statements; (10) shares held in trust for Employee Stock Ownership Plan (ESOP); (11) deferred compensation related to issuance of capital stock; (12) note received for issuance of stock; (13) unamortized discount on shares; (14) description, terms, and number of warrants or rights outstanding; (15) shares under subscription and subscription receivables, effective date of new retained earnings after quasi-reorganization and deficit eliminated by quasi-reorganization and, for a period of at least ten years after the effective date, the point in time from which the new retained dates; and (16) retroactive effective of subsequent change in capital structure. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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ACTIVITY EXIT COSTS
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Apr. 29, 2012
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| ACTIVITY EXIT COSTS | ACTIVITY EXIT COSTS Tommy Hilfiger Integration and Exit Costs In connection with the Company’s acquisition of Tommy Hilfiger and the related integration, the Company incurred certain costs related to severance and termination benefits, long-lived asset impairments, inventory liquidations and lease/contract terminations, including costs associated with the exit of certain Tommy Hilfiger product categories. Such costs were as follows:
$379 of the charges incurred during the thirteen weeks ended April 29, 2012 relate principally to selling, general and administrative expenses of the Company’s Tommy Hilfiger North America segment. The remaining $367 of the charges incurred during the thirteen weeks ended April 29, 2012 and the remaining costs expected to be incurred relate principally to corporate expenses not allocated to any reportable segment. Liabilities for severance and termination benefits and lease/contract termination costs recorded in connection with the acquisition and integration of Tommy Hilfiger were principally recorded in accrued expenses in the Company’s Consolidated Balance Sheets and were as follows:
Costs Related to Exit from Timberland Men’s and Izod Women’s Businesses The Company negotiated during the second quarter of 2011 an early termination of its license to market sportswear under the Timberland brand. The termination will be completed in the second quarter of 2012. In connection with this termination, the Company incurred certain costs related to severance and termination benefits, long-lived asset impairments, contract termination and other costs. All expected costs related to this termination were incurred during 2011. The Company announced in the fourth quarter of 2011 that it would be exiting the Izod women’s wholesale sportswear business during 2012. In connection with this exit, the Company incurred certain costs related to severance and termination benefits. All expected costs related to this exit were incurred during 2011. Liabilities for severance and termination benefits and contract termination costs recorded in connection with the Company’s early termination of the license to market sportswear under the Timberland brand and exit from the Izod women’s wholesale sportswear business were principally recorded in accrued expenses in the Company’s Consolidated Balance Sheets and were as follows:
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The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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NET INCOME PER COMMON SHARE
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Apr. 29, 2012
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| NET INCOME PER COMMON SHARE | NET INCOME PER COMMON SHARE The Company utilizes the two-class method of calculating basic net income per common share, as holders of the Company’s Series A convertible preferred stock participate in dividends with holders of the Company’s common stock. Net losses are not allocated to holders of the Series A convertible preferred stock. The Company computed its basic and diluted net income per common share as follows:
Potentially dilutive securities excluded from the calculation of diluted net income per common share were as follows:
Contingently issuable shares that have not met the necessary conditions as of the end of a reporting period are not included in the calculation of diluted net income per common share for that period. The Company had contingently issuable awards outstanding that did not meet the performance conditions as of April 29, 2012 and May 1, 2011 and, therefore, were excluded from the calculation of diluted net income per common share for the thirteen weeks ended April 29, 2012 and May 1, 2011. The maximum number of potentially dilutive shares that could be issued upon vesting for such awards was 686 and 696 as of April 29, 2012 and May 1, 2011, respectively. These amounts were also excluded from the computation of weighted average antidilutive securities. |
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The entire disclosure for earnings per share. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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NONCASH INVESTING AND FINANCING TRANSACTIONS
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Apr. 29, 2012
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| Notes to Financial Statements [Abstract] | |
| NONCASH INVESTING AND FINANCING TRANSACTIONS | NONCASH INVESTING AND FINANCING TRANSACTIONS During the thirteen weeks ended April 29, 2012 and May 1, 2011, the Company recorded increases to goodwill of $12,563 and $11,690, respectively, related to liabilities incurred for contingent purchase price payments to Mr. Calvin Klein. Such amounts are not due or paid in cash until 45 days subsequent to the Company’s applicable quarter end. As such, during the thirteen weeks ended April 29, 2012 and May 1, 2011, the Company paid $13,535 and $12,970, respectively, in cash related to contingent purchase price payments to Mr. Calvin Klein that were recorded as additions to goodwill during the periods the liabilities were incurred. During the thirteen weeks ended April 29, 2012, the holders of Series A convertible preferred stock converted an aggregate of 4 shares into 2,095 shares of the Company’s common stock, resulting in a decrease in the Company’s Series A convertible preferred stock of $94,297, an increase in common stock of $2,095, and an increase in additional paid in capital of $92,202. Please see Note 11, “Stockholders’ Equity.” During the thirteen weeks ended May 1, 2011, the Company recorded a loss of $12,876 to write-off previously capitalized debt issuance costs in connection with the amendment and restatement of its senior secured credit facility. |
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SEGMENT DATA
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| Notes to Financial Statements [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| SEGMENT DATA | SEGMENT DATA The Company manages its operations through its operating divisions, which are aggregated into seven reportable segments: (i) Heritage Brand Wholesale Dress Furnishings; (ii) Heritage Brand Wholesale Sportswear; (iii) Heritage Brand Retail; (iv) Calvin Klein Licensing; (v) Tommy Hilfiger North America; (vi) Tommy Hilfiger International; and (vii) Other (Calvin Klein Apparel). Heritage Brand Wholesale Dress Furnishings segment - This segment consists of the Company’s heritage brand wholesale dress furnishings division. This segment derives revenue primarily from marketing both dress shirts and neckwear under the brand names Van Heusen, ARROW, IZOD, Kenneth Cole New York, Kenneth Cole Reaction, Sean John, Donald J. Trump Signature Collection, JOE Joseph Abboud, DKNY and MICHAEL Michael Kors, as well as dress shirts under the brand names Geoffrey Beene and CHAPS. The Company markets these dress shirt and neckwear brands, as well as certain other owned and licensed brands and various private label brands, primarily to department, mid-tier department and specialty stores. Heritage Brand Wholesale Sportswear segment - The Company aggregates the results of its heritage brand wholesale sportswear divisions into the Heritage Brand Wholesale Sportswear segment. This segment derives revenue primarily from marketing men’s sportswear under the brand names Van Heusen, IZOD, Geoffrey Beene and ARROW to department, mid-tier department and specialty stores. This segment also derives revenue from marketing men’s sportswear under the brand name Timberland and women’s sportswear under the brand name IZOD. The company will be exiting the Timberland business in the second quarter of 2012 and the Izod women’s wholesale sportswear business in the third quarter of 2012. Heritage Brand Retail segment - The Company aggregates the results of its three heritage brand retail divisions into the Heritage Brand Retail segment. This segment derives revenue principally from operating retail stores, primarily in outlet centers in the United States, which sell apparel, footwear, accessories and related products under the brand names Van Heusen, IZOD, Bass and G.H. Bass & Co. Calvin Klein Licensing segment - The Company aggregates the results of its Calvin Klein licensing and advertising division into the Calvin Klein Licensing segment. This segment derives revenue principally from licensing and similar arrangements worldwide relating to the use by third parties of the brand names Calvin Klein Collection, ck Calvin Klein and Calvin Klein for a broad array of products and retail services. This segment also derives revenue from the Company’s Calvin Klein Collection wholesale business and from selling Calvin Klein Collection branded high-end collection apparel and accessories through the Company’s own full price Calvin Klein Collection retail store located in New York City, both of which the Company operates directly in support of the global licensing business. Tommy Hilfiger North America segment - The Company aggregates the results of its Tommy Hilfiger wholesale and retail divisions in North America into the Tommy Hilfiger North America segment. This segment derives revenue principally from (i) marketing Tommy Hilfiger branded apparel and related products at wholesale in the United States and Canada, primarily to department stores; and (ii) operating retail stores and an e-commerce website in and for the United States and Canada, which sell Tommy Hilfiger branded apparel, accessories and related products. Tommy Hilfiger International segment - The Company aggregates the results of its Tommy Hilfiger wholesale and retail divisions that operate outside of North America and its proportionate share of the net income or loss of its investments in unconsolidated affiliates into the Tommy Hilfiger International segment. This segment derives revenue principally from (i) marketing Tommy Hilfiger branded apparel and related products at wholesale principally in Europe, primarily to department and specialty stores and franchise operators of Tommy Hilfiger stores, and through distributors and licensees; and (ii) operating retail stores in Europe and Japan, as well as operating an international e-commerce site, which sell Tommy Hilfiger branded apparel, accessories and related products. Other (Calvin Klein Apparel) segment - The Company aggregates the results of its Calvin Klein apparel divisions into the Other (Calvin Klein Apparel) segment. This segment derives revenue from the Company’s marketing at wholesale of apparel and related products under the brand names Calvin Klein and ck Calvin Klein, primarily to department, mid-tier department and specialty stores, and at retail through the Company’s e-commerce website and Calvin Klein retail stores, which are primarily located in outlet centers in the United States. The following tables present summarized information by segment:
Intersegment transactions consist of transfers of inventory principally from the Heritage Brand Wholesale Dress Furnishings segment to the Heritage Brand Retail segment and Other (Calvin Klein Apparel) segment. These transfers are recorded at cost plus a standard markup percentage. Such markup percentage is eliminated principally in the Heritage Brand Retail segment and Other (Calvin Klein Apparel) segment. |
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The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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GUARANTEES
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Apr. 29, 2012
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| Notes to Financial Statements [Abstract] | |
| GUARANTEES | GUARANTEES The Company guaranteed the payment of certain purchases made by one of the Company’s suppliers from a raw material vendor. The maximum amount guaranteed as of April 29, 2012 is $500. The guarantee expires on January 31, 2013. The Company guaranteed to a landlord the payment of rent and related costs by the tenant currently occupying space previously leased by the Company. The maximum amount guaranteed as of April 29, 2012 is approximately $3,900, which is subject to exchange rate fluctuation. The Company has the right to seek recourse of approximately $2,450 as of April 29, 2012, which is subject to exchange rate fluctuation. The guarantee expires on May 19, 2016. |
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Tabular disclosure of each guarantee obligation, or each group of similar guarantee obligations, including (a) the nature of the guarantee, including its term, how it arose, and the events or circumstances that would require the guarantor to perform under the guarantee; (b) the maximum potential amount of future payments (undiscounted) the guarantor could be required to make under the guarantee; (c) the current carrying amount of the liability, if any, for the guarantor's obligations under the guarantee; and (d) the nature of any recourse provisions under the guarantee, and any assets held either as collateral or by third parties, and any relevant related party disclosure. Excludes disclosures about product warranties. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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RECENT ACCOUNTING GUIDANCE
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| Notes to Financial Statements [Abstract] | |
| RECENT ACCOUNTING GUIDANCE | RECENT ACCOUNTING GUIDANCE The FASB issued in May 2011 guidance to clarify and revise the requirements for measuring fair value and for disclosing information about fair value measurements. The Company adopted this guidance prospectively beginning in 2012 and such adoption did not have a material impact on the Company’s consolidated results of operations or financial position. The FASB issued in September 2011 guidance that is intended to reduce the cost and complexity of the goodwill impairment test by providing an entity with the option to first assess qualitatively whether it is necessary to perform the two-step impairment test that is currently in place. An entity would not be required to quantitatively calculate the fair value of a reporting unit unless the entity determines that it is more likely than not that its fair value is less than its carrying amount. The guidance became effective for the Company in the first quarter of 2012. The Company did not perform goodwill impairment tests during the first quarter of 2012 and does not expect the guidance to have a material impact on the Company’s consolidated results of operations or financial position. |
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Tabular disclosure of changes in accounting principles, including adoption of new accounting pronouncements, that describes the new methods, amount and effects on financial statement line items. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Apr. 29, 2012
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| General [Abstract] | |
| Fiscal Period | The Company’s fiscal years are based on the 52-53 week period ending on the Sunday closest to February 1 and are designated by the calendar year in which the fiscal year commences. |
| Consolidation, Policy [Text Block] | The accompanying unaudited consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States for interim financial information. |
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Disclosure of accounting policy regarding (1) the principles it follows in consolidating or combining the separate financial statements, including the principles followed in determining the inclusion or exclusion of subsidiaries or other entities in the consolidated or combined financial statements and (2) its treatment of interests (for example, common stock, a partnership interest or other means of exerting influence) in other entities, for example consolidation or use of the equity or cost methods of accounting. The accounting policy may also address the accounting treatment for intercompany accounts and transactions, noncontrolling interest, and the income statement treatment in consolidation for issuances of stock by a subsidiary. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Disclosure of accounting policy for determining an entity's fiscal year or other fiscal period. This disclosure may include identification of the fiscal period end-date, the length of the fiscal period, any reporting period lag between the entity and its subsidiaries, or equity investees. If a reporting lag exists, the closing date of the entity having a different period end is generally noted, along with an explanation of the necessity for using different closing dates. Any intervening events that materially affect the entity's financial position or results of operations are generally also disclosed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| Inventory, Policy [Policy Text Block] | Cost for certain wholesale apparel inventories in North America is determined using the first-in, first-out method. Cost for all other inventories is determined using the weighted average cost method. |
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Disclosure of accounting policy for major classes of inventories, bases of stating inventories (for example, lower of cost or market), methods by which amounts are added and removed from inventory classes (for example, FIFO, LIFO, or average cost), loss recognition on impairment of inventories, and situations in which inventories are stated above cost. If inventory is carried at cost, this disclosure includes the nature of the cost elements included in inventory. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| Schedule of Goodwill [Table Text Block] | The changes in the carrying amount of goodwill for the thirteen weeks ended April 29, 2012, by segment, were as follows:
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Tabular disclosure of goodwill by reportable segment and in total. Disclosure details may include, but are not limited to, the carrying amount of goodwill, goodwill acquired during the year, goodwill impairment losses recognized, goodwill written-off due to the sale of a business unit, goodwill not yet allocated, and any other changes to goodwill. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| Schedule of Defined Benefit Plans Disclosures [Table Text Block] | Net benefit cost was recognized in selling, general and administrative expenses as follows:
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- Definition
Tabular disclosure of one or more of the entity's defined benefit pension plans or one or more other defined benefit postretirement plans, separately for pension plans and other postretirement benefit plans including the entity's schedule of fair value of plan assets for defined benefit or other postretirement plans. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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DEBT (Tables)
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3 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Apr. 29, 2012
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| Debt [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Long-term Debt Instruments [Table Text Block] | The carrying amounts of the Company’s long-term debt were as follows:
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| Schedule of Mandatory Long-Term Debt Repayments [Table] | As of April 29, 2012, the Company’s mandatory long-term debt repayments for the next five years were as follows:
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- Definition
Represents schedule of mandatory long-term debt repayments. No definition available.
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- Definition
Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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DERIVATIVE FINANCIAL INSTRUMENTS (Tables)
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Apr. 29, 2012
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| Derivative Financial Instruments [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block] | The following table summarizes the fair value and presentation in the Consolidated Balance Sheets for the Company’s derivative financial instruments:
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| Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance [Table Text Block] | The following table summarizes the effect of the Company’s cash flow hedges designated as hedging instruments:
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| Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block] | The following table summarizes the effect of the Company’s foreign currency forward exchange contracts for inventory purchases that were not designated as hedging instruments:
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- Details
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- Definition
Tabular disclosure of the location and amount of gains and losses reported in the statement of financial performance, or when applicable, the statement of financial position. For example, (a) gains and losses recognized in the income statement on derivative instruments designated and qualifying as hedging instruments in fair value hedges and related hedged items designated and qualifying in fair value hedges and (b) gains and losses initially recognized in other comprehensive income on derivative instruments designated and qualifying as cash flow hedges. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Tabular disclosure for other derivative instruments not designated as hedging instruments of (a) the location and amount of gains and losses reported in the statement of financial performance and (b) the location and fair value amounts of the instruments reported in the statement of financial position. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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FAIR VALUE MEASUREMENTS (Tables)
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Apr. 29, 2012
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| 10. Fair Value Measurements [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block] | In accordance with the fair value hierarchy described above, the following table shows the fair value of the Company’s financial assets and liabilities that are required to be remeasured at fair value on a recurring basis:
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| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block] | The following table presents the change in the Level 3 contingent purchase price payment liability for the thirteen weeks ended April 29, 2012:
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| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Table Text Block] | Additional information with respect to assumptions used to value the contingent purchase price payment liability follows:
A five percentage point decrease in the discount rate would increase the liability by approximately $2,000, while a five percentage point increase in the discount rate would decrease the liability by approximately $1,500. A five percentage point increase or decrease in the compounded annual net sales growth rate would change the liability by approximately $1,000. |
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| Fair Value, by Balance Sheet Grouping [Table Text Block] | The carrying amounts and the fair values of the Company’s cash and cash equivalents, short-term borrowings and long-term debt as of April 29, 2012 and May 1, 2011 were as follows:
The fair values of cash and cash equivalents and short-term borrowings approximate their carrying values due to the short-term nature of these instruments. The Company estimates the fair value of its long-term debt using quoted market prices as of the last business day of the applicable quarter. The Company classifies the measurement of its long-term debt as a Level 1 measurement. |
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- Definition
Tabular disclosure of the inputs and valuation techniques used to measure fair value, and a discussion of changes in valuation techniques and related inputs, if any, applied during the period to each separate class of assets and liabilities that are measured on a recurring and/or nonrecurring basis. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Tabular disclosure of the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments, assets, and liabilities. Such certain disclosures about the financial instruments, assets, and liabilities include: (1) the fair value of the required items together with their carrying amounts (as appropriate) and (2) the methodology and assumptions used in developing such estimates of fair value. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issuances, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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STOCK-BASED COMPENSATION (Tables)
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Apr. 29, 2012
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| Stock-Based Compensation [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Table Of Weighted Average Black Scholes Fair Value Assumptions [Table Text Block] | The following summarizes the assumptions used to estimate the fair value of service-based stock options granted during the thirteen weeks ended April 29, 2012 and May 1, 2011:
The Company has continued to utilize the simplified method to estimate the expected term for its “plain vanilla” stock options granted due to a lack of relevant historical data resulting, in part, from changes in the pool of employees receiving option grants. The Company will continue to evaluate the appropriateness of utilizing such method. |
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| Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block] | Service-based stock option activity for the thirteen weeks ended April 29, 2012 was as follows:
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| Schedule of Share-based Compensation, Restricted Stock Units Award Activity [Table Text Block] | RSU activity for the thirteen weeks ended April 29, 2012 was as follows:
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| Schedule of Restricted Stock Activity [Table Text Block] | Restricted stock activity for the thirteen weeks ended April 29, 2012 was as follows:
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| Schedule of Nonvested Performance-based Units Activity [Table Text Block] | Performance share activity for the thirteen weeks ended April 29, 2012 was as follows:
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- Definition
Schedule of Restricted Stock Activity [Table Text Block] No definition available.
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- Definition
Table Of Weighted Average Black Scholes Fair Value Assumptions No definition available.
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- Definition
Tabular disclosure of the changes in outstanding nonvested performance-based units. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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ACTIVITY EXIT COSTS (Tables)
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Apr. 29, 2012
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Tommy Hilfiger Integration and Exit Costs [Member]
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| Schedule of Restructuring and Related Costs [Table Text Block] | In connection with the Company’s acquisition of Tommy Hilfiger and the related integration, the Company incurred certain costs related to severance and termination benefits, long-lived asset impairments, inventory liquidations and lease/contract terminations, including costs associated with the exit of certain Tommy Hilfiger product categories. Such costs were as follows:
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| Schedule Of Restructuring Accrued Liabilities Costs Incurred And Paid [Table Text Block] | Liabilities for severance and termination benefits and lease/contract termination costs recorded in connection with the acquisition and integration of Tommy Hilfiger were principally recorded in accrued expenses in the Company’s Consolidated Balance Sheets and were as follows:
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Timberland Men's and Izod Women's Exit Costs [Member]
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| Schedule Of Restructuring Accrued Liabilities Costs Incurred And Paid [Table Text Block] | Liabilities for severance and termination benefits and contract termination costs recorded in connection with the Company’s early termination of the license to market sportswear under the Timberland brand and exit from the Izod women’s wholesale sportswear business were principally recorded in accrued expenses in the Company’s Consolidated Balance Sheets and were as follows:
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- Definition
Tabular disclosure of the components of restructuring reserve, including accrued liabilities, costs incurred and costs paid related to integration and acquisitions. No definition available.
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- Definition
Tabular disclosure of restructuring and related costs by type of restructuring including the description of the restructuring costs, such as the expected cost; the costs incurred during the period; the cumulative costs incurred as of the balance sheet date; the income statement caption within which the restructuring charges recognized for the period are included; and changes to an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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NET INCOME PER COMMON SHARE (Tables)
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Apr. 29, 2012
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| Earnings Per Share [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] | The Company computed its basic and diluted net income per common share as follows:
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| Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block] | Potentially dilutive securities excluded from the calculation of diluted net income per common share were as follows:
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Tabular disclosure of an entity's basic and diluted earnings per share calculations. No definition available.
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SEGMENT DATA (Tables)
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3 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Apr. 29, 2012
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| Segment Data [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Segment Reporting Information, by Segment [Table Text Block] | The following tables present summarized information by segment:
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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GENERAL (Details)
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3 Months Ended |
|---|---|
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Apr. 29, 2012
|
|
| Fiscal Period [Line Items] | |
| Fiscal year, minimum number of weeks | P52W |
| Fiscal year, maximum number of weeks | P53W |
| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
Maximum weeks comprising the Company's fiscal year ending on the Sunday closest to February 1. No definition available.
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| X | ||||||||||
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- Definition
Minimum weeks comprising the Company's fiscal year ending on the Sunday closest to February 1. No definition available.
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INVESTMENTS IN UNCONSOLIDATED AFFILIATES (Details) (USD $)
In Thousands, unless otherwise specified |
3 Months Ended | 12 Months Ended | 12 Months Ended | |||||
|---|---|---|---|---|---|---|---|---|
|
Apr. 29, 2012
|
May 01, 2011
|
May 01, 2011
Tommy Hilfiger China Joint Venture [Member]
|
Jan. 29, 2012
Tommy Hilfiger China Joint Venture [Member]
|
Apr. 29, 2012
Tommy Hilfiger China Joint Venture [Member]
|
Apr. 29, 2012
Tommy Hilfiger India Joint Venture [Member]
|
Jan. 29, 2012
Initial Payments [Member]
Tommy Hilfiger India Joint Venture [Member]
|
Jan. 29, 2012
Additional Payments [Member]
Tommy Hilfiger India Joint Venture [Member]
|
|
| Schedule of Equity Method Investments [Line Items] | ||||||||
| Equity Method Investment, Ownership Percentage | 45.00% | 50.00% | ||||||
| Payments to Acquire Interest in Joint Venture | $ 0 | $ 10,350 | $ 10,350 | $ 17,100 | $ 30,000 | $ 1,600 | ||
| Equity Method Investments | $ 49,355 | $ 10,350 | ||||||
| X | ||||||||||
|
- Definition
The percentage of ownership of common stock or equity participation in the investee accounted for under the equity method of accounting. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
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- Definition
This item represents the carrying amount on the entity's balance sheet of its investment in common stock of an equity method investee. This is not an indicator of the fair value of the investment, rather it is the initial cost adjusted for the entity's share of earnings and losses of the investee, adjusted for any distributions (dividends) and other than temporary impairment (OTTI) losses recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow associated with the investment in or advances to an entity in which the reporting entity shares control of the entity with another party or group. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
|
GOODWILL (Details) (USD $)
In Thousands, unless otherwise specified |
3 Months Ended | |
|---|---|---|
|
Apr. 29, 2012
|
May 01, 2011
|
|
| Goodwill [Line Items] | ||
| Contingent Purchase Price Payments Percentage | 1.15% | |
| Goodwill [Roll Forward] | ||
| Goodwill, gross, beginning of period | $ 1,822,475 | |
| Accumulated impairment losses, beginning of period | 0 | |
| Goodwill, net, beginning of period | 1,822,475 | 1,929,797 |
| Contingent purchase price payments to Mr. Calvin Klein | 12,563 | |
| Currency translation | 10,199 | |
| Goodwill, gross, end of period | 1,845,237 | |
| Accumulated impairment losses, end of period | 0 | |
| Goodwill, net, end of period | 1,845,237 | 1,929,797 |
|
Heritage Brand Wholesale Dress Furnishings [Member]
|
||
| Goodwill [Roll Forward] | ||
| Goodwill, gross, beginning of period | 70,589 | |
| Accumulated impairment losses, beginning of period | 0 | |
| Goodwill, net, beginning of period | 70,589 | |
| Contingent purchase price payments to Mr. Calvin Klein | 0 | |
| Currency translation | 0 | |
| Goodwill, gross, end of period | 70,589 | |
| Accumulated impairment losses, end of period | 0 | |
| Goodwill, net, end of period | 70,589 | |
|
Heritage Brand Wholesale Sportswear [Member]
|
||
| Goodwill [Roll Forward] | ||
| Goodwill, gross, beginning of period | 84,553 | |
| Accumulated impairment losses, beginning of period | 0 | |
| Goodwill, net, beginning of period | 84,553 | |
| Contingent purchase price payments to Mr. Calvin Klein | 0 | |
| Currency translation | 0 | |
| Goodwill, gross, end of period | 84,553 | |
| Accumulated impairment losses, end of period | 0 | |
| Goodwill, net, end of period | 84,553 | |
|
Calvin Klein Licensing [Member]
|
||
| Goodwill [Roll Forward] | ||
| Goodwill, gross, beginning of period | 356,035 | |
| Accumulated impairment losses, beginning of period | 0 | |
| Goodwill, net, beginning of period | 356,035 | |
| Contingent purchase price payments to Mr. Calvin Klein | 12,563 | |
| Currency translation | 40 | |
| Goodwill, gross, end of period | 368,638 | |
| Accumulated impairment losses, end of period | 0 | |
| Goodwill, net, end of period | 368,638 | |
|
Tommy Hilfiger North America [Member]
|
||
| Goodwill [Roll Forward] | ||
| Goodwill, gross, beginning of period | 198,501 | |
| Accumulated impairment losses, beginning of period | 0 | |
| Goodwill, net, beginning of period | 198,501 | |
| Contingent purchase price payments to Mr. Calvin Klein | 0 | |
| Currency translation | 0 | |
| Goodwill, gross, end of period | 198,501 | |
| Accumulated impairment losses, end of period | 0 | |
| Goodwill, net, end of period | 198,501 | |
|
Tommy Hilfiger International [Member]
|
||
| Goodwill [Roll Forward] | ||
| Goodwill, gross, beginning of period | 1,112,797 | |
| Accumulated impairment losses, beginning of period | 0 | |
| Goodwill, net, beginning of period | 1,112,797 | |
| Contingent purchase price payments to Mr. Calvin Klein | 0 | |
| Currency translation | 10,159 | |
| Goodwill, gross, end of period | 1,122,956 | |
| Accumulated impairment losses, end of period | 0 | |
| Goodwill, net, end of period | $ 1,122,956 |
| X | ||||||||||
|
- Definition
Basis for calculating contingent purchase price payments. No definition available.
|
| X | ||||||||||
|
- Definition
This element represents the amount of any change, including any differences arising upon settlement, recognized during the reporting period in the value of an asset or assets, arising from an item of contingent consideration, recognized in a business combination. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Carrying amount as of the balance sheet date, which is the cumulative amount paid and (if applicable) the fair value of any noncontrolling interest in the acquiree, adjusted for any amortization recognized prior to the adoption of any changes in generally accepted accounting principles (as applicable) and for any impairment charges, in excess of the fair value of net assets acquired in one or more business combination transactions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Gross amount, as of the balance sheet date, of the cumulative amount paid and (if applicable) the fair value of any noncontrolling interest in the acquiree, adjusted for any amortization recognized prior to the adoption of any changes in generally accepted accounting principles (as applicable), in excess of the fair value of net assets acquired in one or more business combination transactions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The accumulated impairment losses related to goodwill as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The increase (decrease) to the recorded value of goodwill for foreign currency translation adjustments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
RETIREMENT AND BENEFIT PLANS (Details) (USD $)
In Thousands, unless otherwise specified |
3 Months Ended | 12 Months Ended | 3 Months Ended | |||||
|---|---|---|---|---|---|---|---|---|
|
Apr. 29, 2012
plans
Y
individual
|
Jan. 29, 2012
individual
Y
|
Apr. 29, 2012
Pension Plans, Defined Benefit [Member]
|
May 01, 2011
Pension Plans, Defined Benefit [Member]
|
Apr. 29, 2012
SERP Plan [Member]
|
May 01, 2011
SERP Plan [Member]
|
Apr. 29, 2012
Other Postretirement Benefit Plans, Defined Benefit [Member]
|
May 01, 2011
Other Postretirement Benefit Plans, Defined Benefit [Member]
|
|
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | ||||||||
| Number of Noncontributory Defined Benefit Pension Plans | 5 | |||||||
| Service cost, including plan expenses | $ 4,800 | $ 3,593 | $ 27 | $ 25 | $ 0 | $ 0 | ||
| Interest cost | 4,932 | 4,721 | 370 | 453 | 218 | 255 | ||
| Amortization of net loss (gain) | 4,092 | 2,544 | 0 | 0 | 40 | 7 | ||
| Expected return on plan assets | (5,525) | (5,547) | 0 | 0 | 0 | 0 | ||
| Amortization of prior service credit | (16) | (15) | 0 | 0 | (204) | (204) | ||
| Total | $ 8,283 | $ 5,296 | $ 397 | $ 478 | $ 54 | $ 58 | ||
| Number of Defined Benefit Plans | 6 | |||||||
| Vesting Period Non-Contributory Defined Benefit Pension Plans | 5 | |||||||
| Current Executives Covered By Capital Accumulation Program | 3 | |||||||
| Retired Executives Covered By Capital Accumulation Program | 17 | |||||||
| Plan Benefit Payment Activation Age | 65 | |||||||
| Minimum Age Prior to Employment Termination | 55 | |||||||
| Plan Benefit Payment Period | 10 years | |||||||
| Minimum Number of Years of Employment | 10 years | |||||||
| X | ||||||||||
|
- Definition
Current Executives Covered By Capital Accumulation Program No definition available.
|
| X | ||||||||||
|
- Definition
The minimum age (years) prior to termination for associates for whom benefits were not eliminated. No definition available.
|
| X | ||||||||||
|
- Definition
The minimum number of years of employment prior to termination for associates for whom benefits were not eliminated. No definition available.
|
| X | ||||||||||
|
- Definition
Number of Defined Benefit Plans No definition available.
|
| X | ||||||||||
|
- Definition
The number of noncontributory defined benefit pension plans for the entity. No definition available.
|
| X | ||||||||||
|
- Definition
The minimum age that CAP plan participants will start receiving predetermined amounts under the plan, provided that prior to termination they have been participants in the plan for 10 years and have attained age 55. No definition available.
|
| X | ||||||||||
|
- Definition
The number of years over which the CAP benefits are payable to the participating plan beneficiaries, who have met all other conditions. No definition available.
|
| X | ||||||||||
|
- Definition
Represents the number of retired executives that are covered by the Capital Accumulation Program (CAP). No definition available.
|
| X | ||||||||||
|
- Definition
Represents the minimum vesting period for the pension plans. No definition available.
|
| X | ||||||||||
|
- Definition
The amount of gains or losses recognized in net periodic benefit cost. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of the prior service cost or credit recognized in net periodic benefit cost relating to benefit changes attributable to plan participants' prior service pursuant to a plan amendment or a plan initiation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
An amount calculated as a basis for determining the extent of delayed recognition of the effects of changes in the fair value of assets. The expected return on plan assets is determined based on the expected long-term rate of return on plan assets and the market-related value of plan assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The increase in a defined benefit pension plan's projected benefit obligation or a defined benefit postretirement plan's accumulated postretirement benefit obligation due to the passage of time. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The total amount of net periodic benefit cost for defined benefit plans for the period. Periodic benefit costs include the following components: service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) due to settlements or curtailments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The actuarial present value of benefits attributed by the pension benefit formula to services rendered by employees during the period. The portion of the expected postretirement benefit obligation attributed to employee service during the period. The service cost component is a portion of the benefit obligation and is unaffected by the funded status of the plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
DEBT Credit Facilities (Details)
In Thousands, unless otherwise specified |
Apr. 29, 2012
USD ($)
|
Mar. 02, 2011
USD ($)
|
Apr. 29, 2012
Yen-Denominated Facility [Member]
USD ($)
|
Apr. 29, 2012
Yen-Denominated Facility [Member]
JPY (¥)
|
|---|---|---|---|---|
| Line of Credit Facility [Line Items] | ||||
| Line of Credit Facility, Maximum Borrowing Capacity | $ 450,000 | $ 450,000 | $ 12,400 | ¥ 1,000,000 |
| Debt Instrument, Basis Spread on Variable Rate | 0.15% | 0.15% | ||
| Weighted average interest rate, revolving credit borrowings | 4.50% | 0.33% | 0.33% |
| X | ||||||||||
|
- Definition
The percentage points added to the reference rate to compute the variable rate on the debt instrument. No definition available.
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Reflects the calculation as of the balance sheet date of the average interest rate weighted by the amount of short-term debt outstanding by type or by instrument at that time. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
DEBT Schedule of Mandatory Long-Term Debt Repayments (Details) (USD $)
In Thousands, unless otherwise specified |
Apr. 29, 2012
|
Jan. 29, 2012
|
May 01, 2011
|
|---|---|---|---|
| Debt Instrument [Line Items] | |||
| 7 3/8% senior unsecured notes due 2020 | $ 600,000 | $ 600,000 | |
| 7 3/4% debentures due 2023 | 99,626 | 99,606 | |
| Total | 1,874,339 | 2,254,489 | |
| Less: Current portion of long-term debt | 79,477 | 69,951 | 46,298 |
| Long-Term Debt | 1,794,862 | 1,832,925 | 2,208,191 |
| Total Debt Percentage Bearing Fixed Or Capped Variable Interest Rates | 70.00% | ||
| Maturities of Long-term Debt [Abstract] | |||
| Mandatory long-term debt repayment, remainder of 2012 | 59,608 | ||
| Mandatory long-term debt repayment, 2013 | 107,781 | ||
| Mandatory long-term debt repayment, 2014 | 173,824 | ||
| Mandatory long-term debt repayment, 2015 | 390,822 | ||
| Mandatory long-term debt repayment, 2016 | 442,678 | ||
| Mandatory long-term debt repayment, 2017 | 0 | ||
|
Senior Debenture Due 2023 [Member]
|
|||
| Debt Instrument [Line Items] | |||
| Debt Instrument, Interest Rate, Stated Percentage | 7.75% | ||
|
Senior Notes [Member] | Due 2020 [Member]
|
|||
| Debt Instrument [Line Items] | |||
| Debt Instrument, Interest Rate, Stated Percentage | 7.375% | ||
|
United States dollar-denominated
|
|||
| Debt Instrument [Line Items] | |||
| Senior secured term loan A facility due 2016 | 608,000 | 640,000 | |
| Senior secured term loan B facility due 2016 | 396,000 | 400,000 | |
|
Euro-denominated
|
|||
| Debt Instrument [Line Items] | |||
| Senior secured term loan A facility due 2016 | 109,035 | 128,721 | |
| Senior secured term loan B facility due 2016 | $ 61,678 | $ 386,162 |
| X | ||||||||||
|
- Definition
Represents balance of debentures 7 3/4% due 2023. No definition available.
|
| X | ||||||||||
|
- Definition
Amount of long-term debt maturing in year six following the date of the latest balance sheet presented in the financial statements, which may include maturities of long-term debt, sinking fund requirements, and other securities redeemable at fixed of determinable prices and dates. No definition available.
|
| X | ||||||||||
|
- Definition
Represents the mandatory long-term debt repayments scheduled for the remainder of the current year. No definition available.
|
| X | ||||||||||
|
- Definition
Represents the balance of the senior secured term loan B facility due 2016. No definition available.
|
| X | ||||||||||
|
- Definition
Represents the balance of the senior secured term loan A facility due 2016. No definition available.
|
| X | ||||||||||
|
- Definition
Represents the balance of senior unsecured 7 3/8% notes due 2020. No definition available.
|
| X | ||||||||||
|
- Definition
Represents the percentage of total debt bearing fixed rates or variable rates that are capped. No definition available.
|
| X | ||||||||||
|
- Definition
Interest rate stated in the contractual debt agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Including current and noncurrent portions, aggregate carrying amount of long-term borrowings as of the balance sheet date. May include notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt, which had initial maturities beyond one year or beyond the normal operating cycle, if longer, and after deducting unamortized discount or premiums, if any. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Total of the portions of the carrying amounts as of the balance sheet date of long-term debt, which may include notes payable, bonds payable, debentures, mortgage loans, and commercial paper, which are scheduled to be repaid within one year or the normal operating cycle, if longer, and after deducting unamortized discount or premiums, if any. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of long-term debt maturing in year five following the date of the latest balance sheet presented in the financial statements, which may include maturities of long-term debt, sinking fund requirements, and other securities redeemable at fixed of determinable prices and dates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of long-term debt maturing in year four following the date of the latest balance sheet presented in the financial statements, which may include maturities of long-term debt, sinking fund requirements, and other securities redeemable at fixed of determinable prices and dates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of long-term debt maturing in year three following the date of the latest balance sheet presented in the financial statements, which may include maturities of long-term debt, sinking fund requirements, and other securities redeemable at fixed of determinable prices and dates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of long-term debt maturing in year two following the date of the latest balance sheet presented in the financial statements, which may include maturities of long-term debt, sinking fund requirements, and other securities redeemable at fixed or determinable prices and dates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Sum of the carrying values as of the balance sheet date of all long-term debt, which is debt initially having maturities due after one year from the balance sheet date or beyond the operating cycle, if longer, but excluding the portions thereof scheduled to be repaid within one year (current maturities) or the normal operating cycle, if longer, and after deducting unamortized discount or premiums, if any. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
|
DEBT Schedule of Long Term Debt Instruments (Details)
In Thousands, unless otherwise specified |
3 Months Ended | 3 Months Ended | 3 Months Ended | 3 Months Ended | ||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Apr. 29, 2012
USD ($)
|
May 01, 2011
USD ($)
|
Mar. 02, 2011
USD ($)
|
Aug. 01, 2010
USD ($)
|
Apr. 29, 2012
Interest Rate Swap [Member]
USD ($)
|
May 04, 2011
Interest Rate Swap [Member]
USD ($)
|
Apr. 29, 2012
Interest Rate Cap [Member]
EUR (€)
|
May 04, 2011
Interest Rate Cap [Member]
EUR (€)
|
Apr. 29, 2012
Senior Debenture Due 2023 [Member]
|
Jan. 29, 2012
Senior Debenture Due 2023 [Member]
USD ($)
|
Apr. 29, 2012
United States of America, Dollars
Term loan B facility [Member]
Eurocurrency rate loan [Member]
Minimum [Member]
|
Apr. 29, 2012
United States of America, Dollars
Term loan B facility [Member]
One month adjusted Eurocurrency rate loan [Member]
Minimum [Member]
|
Apr. 29, 2012
United States Dollars and Canadian Dollars [Member]
|
Apr. 29, 2012
Line of Credit [Member]
United States of America, Dollars
Base rate loan [Member]
|
Apr. 29, 2012
Line of Credit [Member]
United States of America, Dollars
Eurocurrency rate loan [Member]
|
Apr. 29, 2012
Line of Credit [Member]
United States of America, Dollars
One month adjusted Eurocurrency rate loan [Member]
|
Apr. 29, 2012
Line of Credit [Member]
Currencies other than United States dollars and Canadian dollars [Member]
Term loan B facility [Member]
Minimum [Member]
|
Apr. 29, 2012
Line of Credit [Member]
Canada, Dollars
|
Apr. 29, 2012
Line of Credit [Member]
Canada, Dollars
Eurocurrency rate loan [Member]
|
Apr. 29, 2012
Line of Credit [Member]
Canada, Dollars
Canadian prime rate loan [Member]
|
Apr. 29, 2012
Line of Credit [Member]
Other currencies [Member]
|
Apr. 29, 2012
Term Loan [Member]
United States of America, Dollars
Term loan A facility [Member]
Base rate loan [Member]
|
Apr. 29, 2012
Term Loan [Member]
United States of America, Dollars
Term loan A facility [Member]
Eurocurrency rate loan [Member]
|
Apr. 29, 2012
Term Loan [Member]
United States of America, Dollars
Term loan B facility [Member]
Base rate loan [Member]
|
Apr. 29, 2012
Term Loan [Member]
United States of America, Dollars
Term loan B facility [Member]
Eurocurrency rate loan [Member]
|
Apr. 29, 2012
Term Loan [Member]
Euro Member Countries, Euro
Term loan A facility [Member]
|
Apr. 29, 2012
Term Loan [Member]
Euro Member Countries, Euro
Term loan B facility [Member]
|
Apr. 29, 2012
Senior Notes [Member]
Due 2020 [Member]
|
|
| Senior Secured Credit Facilities [Abstract] | ||||||||||||||||||||||||||||
| Repayments of Long-term Debt | $ 30,292 | $ 149,275 | ||||||||||||||||||||||||||
| Amended Facility Maximum Borrowing Capacity | 1,970,000 | |||||||||||||||||||||||||||
| Amended Facility Maximum Borrowing Capacity, Term Loans | 1,520,000 | |||||||||||||||||||||||||||
| Number of revolving credit facilities | 2 | 1 | ||||||||||||||||||||||||||
| Letters of Credit Outstanding, Amount | 60,356 | |||||||||||||||||||||||||||
| Term Loans Outstanding, Amount | 1,174,713 | |||||||||||||||||||||||||||
| Line of Credit Facility, Maximum Borrowing Capacity | 450,000 | 450,000 | ||||||||||||||||||||||||||
| Line of Credit Facility, Amount Outstanding | 95,000 | |||||||||||||||||||||||||||
| Line of Credit Facility, Maximum Amount Outstanding During Period | 110,000 | |||||||||||||||||||||||||||
| Weighted average interest rate, revolving credit borrowings | 4.50% | |||||||||||||||||||||||||||
| Debt Instrument, Basis Spread on Variable Rate | 1.25% | 2.25% | 1.00% | 2.25% | 1.25% | 2.50% | 1.25% | 2.25% | 1.75% | 2.75% | 2.50% | 3.00% | ||||||||||||||||
| Debt Instrument, Interest Rate, Stated Percentage | 7.75% | 0.75% | 1.75% | 0.75% | 1.00% | 7.375% | ||||||||||||||||||||||
| Derivative agreement term | 3 years | 15 months | ||||||||||||||||||||||||||
| Derivative, Notional Amount | 608,000 | 632,000 | 36,633 | 165,895 | ||||||||||||||||||||||||
| Derivative, Fixed Interest Rate | 1.197% | |||||||||||||||||||||||||||
| Derivative, Cap Interest Rate | 2.00% | |||||||||||||||||||||||||||
| Gross Proceeds From Issuance of Long-Term Debt | 600,000 | |||||||||||||||||||||||||||
| Maximum redemption percentage | 35.00% | |||||||||||||||||||||||||||
| Debt instrument, face amount | $ 100,000 | |||||||||||||||||||||||||||
| Debt instrument, yield to maturity | 7.80% | |||||||||||||||||||||||||||
| X | ||||||||||
|
- Definition
Monetary amount specified by the derivative(s). Expressed as an absolute value. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Represents the maximum borrowing capacity under the amended facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. No definition available.
|
| X | ||||||||||
|
- Definition
Represents the maximum borrowing capacity of term loans under the amended facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. No definition available.
|
| X | ||||||||||
|
- Definition
Debt instrument, redemption percentage, maximum No definition available.
|
| X | ||||||||||
|
- Definition
derivative agreement term No definition available.
|
| X | ||||||||||
|
- Definition
The gross proceeds from issuance of long-term debt. No definition available.
|
| X | ||||||||||
|
- Definition
Number of revolving credit facilities No definition available.
|
| X | ||||||||||
|
- Definition
Amount of term loans outstanding as of the reporting date. No definition available.
|
| X | ||||||||||
|
- Definition
The percentage points added to the reference rate to compute the variable rate on the debt instrument. No definition available.
|
| X | ||||||||||
|
- Definition
The stated principal amount of the debt instrument at time of issuance, which may vary from the carrying amount because of unamortized premium or discount. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Effective interest rate for the funds borrowed under the debt agreement considering interest compounding and original issue discount or premium. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Interest rate stated in the contractual debt agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Cap rate on an interest rate derivative such as an interest rate cap or collar. If market rates exceed the cap rate, a payment or receipt is triggered on the contract. No definition available.
|
| X | ||||||||||
|
- Definition
Fixed interest rate related to the interest rate derivative. No definition available.
|
| X | ||||||||||
|
- Definition
The total amount of the contingent obligation under letters of credit outstanding as of the reporting date. No definition available.
|
| X | ||||||||||
|
- Definition
Amount borrowed under the credit facility as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Maximum amount borrowed under the credit facility at any time during the period. No definition available.
|
| X | ||||||||||
|
- Definition
Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow for debt initially having maturity due after one year or beyond the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Reflects the calculation as of the balance sheet date of the average interest rate weighted by the amount of short-term debt outstanding by type or by instrument at that time. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
INCOME TAXES (Details)
|
3 Months Ended | |
|---|---|---|
|
Apr. 29, 2012
|
May 01, 2011
|
|
| Income Taxes [Abstract] | ||
| Income Tax Rate | 24.30% | 34.00% |
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
A ratio calculated by dividing the reported amount of income tax expense attributable to continuing operations for the period by GAAP-basis pretax income from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
DERIVATIVE FINANCIAL INSTRUMENTS (Details) (USD $)
In Thousands, unless otherwise specified |
3 Months Ended | |
|---|---|---|
|
Apr. 29, 2012
|
May 01, 2011
|
|
| Derivative [Line Items] | ||
| Notional amount of cash flow hedges | $ 408,000 | |
|
Other Current Assets and Other Assets [Member]
|
||
| Derivative [Line Items] | ||
| Derivative Asset, Fair Value, Gross Asset | 9,749 | 1,813 |
|
Accrued Expenses and Other Liabilities [Member]
|
||
| Derivative [Line Items] | ||
| Derivative Liability, Fair Value, Gross Liability | 10,020 | 42,637 |
|
Designated as Hedging Instrument [Member] | Other Current Assets and Other Assets [Member]
|
||
| Derivative [Line Items] | ||
| Derivative Asset, Fair Value, Gross Asset | 9,744 | 1,755 |
|
Designated as Hedging Instrument [Member] | Accrued Expenses and Other Liabilities [Member]
|
||
| Derivative [Line Items] | ||
| Derivative Liability, Fair Value, Gross Liability | 9,681 | 42,637 |
|
Designated as Hedging Instrument [Member] | Foreign Exchange Forward [Member] | Other Current Assets and Other Assets [Member]
|
||
| Derivative [Line Items] | ||
| Derivative Asset, Fair Value, Gross Asset | 9,611 | 1,755 |
|
Designated as Hedging Instrument [Member] | Foreign Exchange Forward [Member] | Accrued Expenses and Other Liabilities [Member]
|
||
| Derivative [Line Items] | ||
| Derivative Liability, Fair Value, Gross Liability | 2,816 | 42,637 |
|
Designated as Hedging Instrument [Member] | Interest Rate Contract [Member] | Other Current Assets and Other Assets [Member]
|
||
| Derivative [Line Items] | ||
| Derivative Asset, Fair Value, Gross Asset | 133 | 0 |
|
Designated as Hedging Instrument [Member] | Interest Rate Contract [Member] | Accrued Expenses and Other Liabilities [Member]
|
||
| Derivative [Line Items] | ||
| Derivative Liability, Fair Value, Gross Liability | 6,865 | 0 |
|
Not Designated as Hedging Instrument [Member] | Other Current Assets and Other Assets [Member]
|
||
| Derivative [Line Items] | ||
| Derivative Asset, Fair Value, Gross Asset | 5 | 58 |
|
Not Designated as Hedging Instrument [Member] | Accrued Expenses and Other Liabilities [Member]
|
||
| Derivative [Line Items] | ||
| Derivative Liability, Fair Value, Gross Liability | 339 | 0 |
|
Not Designated as Hedging Instrument [Member] | Foreign Exchange Forward [Member] | Other Current Assets and Other Assets [Member]
|
||
| Derivative [Line Items] | ||
| Derivative Asset, Fair Value, Gross Asset | 5 | 58 |
|
Not Designated as Hedging Instrument [Member] | Foreign Exchange Forward [Member] | Accrued Expenses and Other Liabilities [Member]
|
||
| Derivative [Line Items] | ||
| Derivative Liability, Fair Value, Gross Liability | 339 | 0 |
|
Cost of Goods Sold [Member] | Foreign Exchange Contract [Member]
|
||
| Derivative [Line Items] | ||
| Derivative Instruments, (Gain) Loss Reclassification from Accumulated OCI to Income, Estimated Net Amount to be Transferred | (5,369) | |
|
Cost of Goods Sold [Member] | Foreign Exchange Forward [Member]
|
||
| Derivative [Line Items] | ||
| Derivative Instruments, Gain (Loss) Reclassification from Accumulated OCI to Income, Estimate of Time to Transfer | 12 months | |
|
Interest Expense [Member] | Interest Rate Contract [Member]
|
||
| Derivative [Line Items] | ||
| Derivative Instruments, (Gain) Loss Reclassification from Accumulated OCI to Income, Estimated Net Amount to be Transferred | 3,942 | |
| Derivative Instruments, Gain (Loss) Reclassification from Accumulated OCI to Income, Estimate of Time to Transfer | 12 months | |
|
Selling general and administrative expenses [Member] | Not Designated as Hedging Instrument [Member] | Foreign Exchange Forward [Member]
|
||
| Derivative [Line Items] | ||
| Derivative Instruments Not Designated as Hedging Instruments, (Gain) Loss, Net | 869 | 56 |
|
Cash Flow Hedging [Member] | Designated as Hedging Instrument [Member]
|
||
| Derivative [Line Items] | ||
| Amount of Gain (Loss) Recognized in Other Comprehensive Income on Derivatives (Effective Portion) | (1,716) | (24,866) |
| Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into Expense (Effective Portion) | 1,542 | (9,599) |
|
Cash Flow Hedging [Member] | Designated as Hedging Instrument [Member] | Foreign Exchange Forward [Member]
|
||
| Derivative [Line Items] | ||
| Amount of Gain (Loss) Recognized in Other Comprehensive Income on Derivatives (Effective Portion) | (1,676) | (24,866) |
|
Cash Flow Hedging [Member] | Designated as Hedging Instrument [Member] | Interest Rate Contract [Member]
|
||
| Derivative [Line Items] | ||
| Amount of Gain (Loss) Recognized in Other Comprehensive Income on Derivatives (Effective Portion) | (40) | 0 |
|
Cash Flow Hedging [Member] | Cost of Goods Sold [Member] | Designated as Hedging Instrument [Member] | Foreign Exchange Forward [Member]
|
||
| Derivative [Line Items] | ||
| Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into Expense (Effective Portion) | 2,624 | (9,599) |
|
Cash Flow Hedging [Member] | Interest Expense [Member] | Designated as Hedging Instrument [Member] | Interest Rate Contract [Member]
|
||
| Derivative [Line Items] | ||
| Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into Expense (Effective Portion) | $ (1,082) | $ 0 |
| X | ||||||||||
|
- Definition
Fair value of derivative asset, presented on a gross basis even when the derivative instrument is subject to master netting arrangements and qualifies for net presentation in the statement of financial position. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Fair value of derivative liability, presented on a gross basis even when the derivative instrument is subject to master netting arrangements and qualifies for net presentation in the statement of financial position. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The estimated value of gains (losses), net anticipated to be transferred in the future from accumulated other comprehensive income into earnings. No definition available.
|
| X | ||||||||||
|
- Definition
The time period estimated for the anticipated transfer of gains (losses), net from accumulated other comprehensive income into earnings. No definition available.
|
| X | ||||||||||
|
- Definition
The effective portion of gains and losses (net) on derivative instruments designated and qualifying as hedging instruments that was recognized in other comprehensive income during the current period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The effective portion of loss reclassified from accumulated other comprehensive income into income on derivative instruments designated and qualifying as hedging instruments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Net gain (loss) from the increase (decrease) in fair value of derivative instrument not designated as hedging instrument. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Aggregate notional amount of all derivatives designated as cash flow hedging instruments. The notional amount relates to a number of currency units, shares, bushels, pounds, or other units specified in a derivative instrument. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
FAIR VALUE MEASUREMENTS (Details) (USD $)
In Thousands, unless otherwise specified |
3 Months Ended | ||
|---|---|---|---|
|
Apr. 29, 2012
|
Jan. 29, 2012
|
May 01, 2011
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | |||
| Foreign currency forward exchange contracts, assets | $ 9,616 | $ 13,581 | $ 1,813 |
| Interest rate contracts, assets | 133 | 211 | |
| Total Assets | 9,749 | 13,792 | 1,813 |
| Foreign currency forward exchange contracts, liabilities | 3,155 | 2,855 | 42,637 |
| Interest rate contracts, liabilities | 6,865 | 7,907 | |
| Contingent purchase price payments related to reacquisition of the perpetual rights to the Tommy Hilfiger trademarks in India | 9,859 | 9,559 | |
| Total Liabilities | 19,879 | 20,321 | 42,637 |
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | |||
| Contingent purchase price payments, balance | 9,859 | 9,559 | |
| Payments | 0 | ||
| Adjustments included in earnings | 300 | ||
| Compounded Annual Net Sales Growth Rate | 36.00% | ||
| Fair Value Inputs Discount Rate | 20.00% | ||
| Effect of five-percentage-point decrease in discount rate on liability, increase of | 2,000 | ||
| Effect of five-percentage-point increase in discount rate on liability, decrease of | 1,500 | ||
| Effect of five-percentage-point increase or decrease on annual net sales growth rate | 1,000 | ||
|
Tommy Hilfiger India License [Member]
|
|||
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | |||
| Contingent Consideration Limit | 25,000 | ||
|
Tommy Hilfiger India License [Member] | Initial Term [Member]
|
|||
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | |||
| Contingent Purchase Price Term | 5 years | ||
|
Tommy Hilfiger India License [Member] | Extended Term [Member]
|
|||
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | |||
| Contingent Purchase Price Term | 6 years | ||
|
Tommy Hilfiger India License [Member] | Due Within [Member]
|
|||
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | |||
| Contingent purchase price payment terms | 60 days | ||
|
Tommy Hilfiger India License [Member] | Period Length [Member]
|
|||
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | |||
| Contingent purchase price payment terms | 1 year | ||
|
Fair Value, Inputs, Level 2 [Member]
|
|||
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | |||
| Foreign currency forward exchange contracts, assets | 9,616 | 13,581 | 1,813 |
| Interest rate contracts, assets | 133 | 211 | |
| Total Assets | 9,749 | 13,792 | 1,813 |
| Foreign currency forward exchange contracts, liabilities | 3,155 | 2,855 | 42,637 |
| Interest rate contracts, liabilities | 6,865 | 7,907 | |
| Total Liabilities | 10,020 | 10,762 | 42,637 |
|
Fair Value, Inputs, Level 3 [Member]
|
|||
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | |||
| Contingent purchase price payments related to reacquisition of the perpetual rights to the Tommy Hilfiger trademarks in India | 9,859 | 9,559 | |
| Total Liabilities | 9,859 | 9,559 | |
|
Portion at Fair Value, Fair Value Disclosure [Member]
|
|||
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | |||
| Cash and cash equivalents | 238,612 | 294,958 | |
| Short-term borrowings | 107,393 | 12,277 | |
| Long-term debt (including portion classified as current) | 1,948,152 | 2,313,926 | |
|
Carrying (Reported) Amount, Fair Value Disclosure [Member]
|
|||
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | |||
| Cash and cash equivalents | 238,612 | 294,958 | |
| Short-term borrowings | 107,393 | 12,277 | |
| Long-term debt (including portion classified as current) | $ 1,874,339 | $ 2,254,489 |
| X | ||||||||||
|
- Definition
Represents compounded annual net sales growth rate used as an input to measure fair value. No definition available.
|
| X | ||||||||||
|
- Definition
Fair value of potential payments under contingent consideration arrangement. No definition available.
|
| X | ||||||||||
|
- Definition
Maximum amount of potential cash payments that could result from the contingent consideration arrangement. No definition available.
|
| X | ||||||||||
|
- Definition
Contingent purchase price payment terms No definition available.
|
| X | ||||||||||
|
- Definition
Represents period covering contingent purchase price payments. No definition available.
|
| X | ||||||||||
|
- Definition
The effect of five-percentage-point decrease in discount rate on liability. No definition available.
|
| X | ||||||||||
|
- Definition
The effect of a five-percentage-point increase in the discount rate on the liability. No definition available.
|
| X | ||||||||||
|
- Definition
The effect of a five-percentage-point increase or decrease on the compounded annual net sales growth rate. No definition available.
|
| X | ||||||||||
|
- Definition
Represents interest rate used to calculate the present value of an amount to be paid or received in the future as an input to measure fair value. No definition available.
|
| X | ||||||||||
|
- Definition
This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This item includes currency on hand as well as demand deposits with banks or financial institutions. It also includes other kinds of accounts that have the general characteristics of demand deposits in that the Company may deposit additional funds at any time and also effectively may withdraw funds at any time without prior notice or penalty. Cash equivalents, excluding items classified as marketable securities, include short-term, highly liquid investments that are both readily convertible to known amounts of cash, and so near their maturity that they present minimal risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three years ago does not become a cash equivalent when its remaining maturity is three months. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Fair values as of the balance sheet date of all assets resulting from contracts that meet the criteria of being accounted for as derivative instruments, net of the effects of master netting arrangements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Derivative instrument obligations meeting the definition of a liability which the Company is a party to as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
This element represents total gains or losses for the period (realized and unrealized), arising from liabilities measured at fair value on a recurring basis using unobservable inputs (Level 3), which are included in earnings or resulted in a change in net asset value. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Settlements that have taken place during the period in relation to liabilities measured at fair value and categorized within Level 3 of the fair value hierarchy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
This element represents a liability measured at fair value using significant unobservable inputs (Level 3) which is required for reconciliation purposes of beginning and ending balances. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This item represents contracts related to the exchange of different currencies, including foreign currency options, forward (delivery or nondelivery) contracts, and swaps entered into and existing as of the balance sheet date. No definition available.
|
| X | ||||||||||
|
- Definition
This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This item represents contracts related to the exchange of different currencies, including foreign currency options, forward (delivery or nondelivery) contracts, and swaps entered into and existing as of the balance sheet date. No definition available.
|
| X | ||||||||||
|
- Definition
Fair value as of the balance sheet date of interest rate derivative assets, which includes all such derivative instruments in hedging and nonhedging relationships that are recognized as assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Fair value as of the balance sheet date of interest rate derivative liabilities, which includes all such derivative instruments in hedging and nonhedging relationships that are recognized as liabilities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The fair value amount of long-term debt whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. No definition available.
|
| X | ||||||||||
|
- Definition
This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This item represents the amount of short-term debt existing as of the balance sheet date. No definition available.
|
|
STOCK-BASED COMPENSATION - STOCK OPTION ACTIVITY (Details) (USD $)
In Thousands, except Share data, unless otherwise specified |
3 Months Ended | |
|---|---|---|
|
Apr. 29, 2012
Y
|
May 01, 2011
Y
|
|
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||
| Reduction in Number of Shares to Be Granted by Each Option Award | 1 | |
| Stock-based compensation expense | $ 10,516 | $ 9,723 |
| Maximum term, options (in years) | 10 | |
| Service-based stock option activity [Roll Forward] | ||
| Service-based stock options, outstanding, beginning of period | 2,189,000 | |
| Service-based stock options, granted | 187,000 | |
| Service-based stock options, exercised | 120,000 | |
| Service-based stock options, cancelled | 3,000 | |
| Service-based stock options, exercisable | 1,470,000 | |
| Service-based stock options, outstanding, end of period | 2,253,000 | |
| Service-based stock options, outstanding, weighted average price per option, beginning of period | $ 37.77 | |
| Service-based stock options, granted, weighted average price per option | $ 91.88 | |
| Service-based stock options, exercised, weighted average price per option | $ 29.78 | |
| Service-based stock options, cancelled, weighted average price per option | $ 25.98 | |
| Service-based stock options, exercisable, weighted average price per option | $ 36.59 | |
| Service-based stock options, outstanding, weighted average price per option, end of period | $ 42.72 | |
| Assumptions used to estimate fair value of service-based stock options [Abstract] | ||
| Weighted average risk-free interest rate | 1.20% | 2.65% |
| Weighted average expected option term (in years) | 6.25 | 6.25 |
| Weighted average expected volatility | 45.16% | 44.34% |
| Expected annual dividends per share | $ 0.15 | $ 0.15 |
| Weighted average estimated fair value per option | $ 40.59 | $ 29.77 |
|
Stock Option [Member]
|
||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||
| Vesting installments | 4 | |
| Beginning vesting term | one year after date of grant | |
| X | ||||||||||
|
- Definition
The reduction in the number of shares available to be granted with each grant of an option award. No definition available.
|
| X | ||||||||||
|
- Definition
Represents the number of vesting installments granted to employees. No definition available.
|
| X | ||||||||||
|
- Definition
Share based Compensation Arrangement by Share based Payment Award, Award Beginning Vesting No definition available.
|
| X | ||||||||||
|
- Definition
Expected dividends per share included in fair value of service-based stock options assumptions No definition available.
|
| X | ||||||||||
|
- Definition
Description of the period of time over which awards are generally granted. No definition available.
|
| X | ||||||||||
|
- Definition
The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The period of time an equity-based award is expected to be outstanding. An equity-based award's expected term is generally determined based on, among other factors, the instrument's contractual term and the effects of employees' expected exercise and post-vesting employment termination behavior. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The estimated measure of the percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The risk-free interest rate assumption that is used in valuing an option on its own shares. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The number of shares into which fully or partially vested stock options outstanding as of the balance sheet date can be currently converted under the option plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The weighted-average price as of the balance sheet date at which grantees can acquire the shares reserved for issuance on vested portions of options outstanding and currently exercisable under the stock option plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The weighted average price at which option holders acquired shares when converting their stock options into shares under the plan during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
For presentations that combine terminations, the number of shares under options that were cancelled during the reporting period as a result of occurrence of a terminating event specified in contractual agreements pertaining to the stock option plan or that expired. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The combined weighted average exercise price associated with stock options during the period that have either lapsed or been forfeited. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Gross number of share options (or share units) granted during the period. No definition available.
|
| X | ||||||||||
|
- Definition
The weighted average price as of the balance sheet date at which grantees can acquire the shares reserved for issuance on stock options awarded under the plan during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The weighted average grant-date fair value of options granted during the reporting period as calculated by applying the disclosed option pricing methodology. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The number of shares reserved for issuance under stock option agreements awarded under the plan that validly exist and are outstanding as of the balance sheet date, including vested options. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The weighted average price as of the beginning of the year at which grantees can acquire the shares reserved for issuance under the stock option plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Number of share options (or share units) exercised during the current period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
STOCK-BASED COMPENSATION STOCK-BASED COMPENSATION - RSU, RESTRICTED STOCK AND PERFORMANCE SHARE ACTIVITY (Details) (USD $)
In Thousands, except Share data, unless otherwise specified |
3 Months Ended | 12 Months Ended | ||
|---|---|---|---|---|
|
Apr. 29, 2012
Y
|
May 01, 2011
|
Jan. 29, 2012
|
Jan. 30, 2011
|
|
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||||
| Reduction in number of shares available to be granted, RSU awards made before April 29, 2009 | 3 | |||
| Reduction in number of shares available to be granted, RSU awards made on or after April 29, 2009 | 2 | |||
| RSU vesting, granted to employees, first annual installment | 25.00% | |||
| RSU vesting, granted to employees, second annual installment | 25.00% | |||
| RSU vesting, granted to employees, third annual installment | 50.00% | |||
| First RSU Vesting Installments, Employees, Number of Years Following Grant Date | 2 | |||
| First RSU Vesting Installments, Nonemployee Directors, Number of Years Following Grant Date, Awards Prior to 2010 | 1 | |||
| Receipt of service-based RSU vesting period, non-employee directors, granted during or after 2010 | 1 | |||
| Non-vested activity [Roll Forward] | ||||
| Contingently issuable performance shares | 96,000 | 94,000 | 496,000 | |
| Contingently issuable performance share awards, performance period | 2 | 2 | 3 | |
| Contingently issuable performance share awards, service period | 3 | |||
| Tax benefits realized, stock plan awards | $ 4,363 | $ 4,470 | ||
| Excess tax benefits reported, stock plan awards | $ 2,912 | $ 2,440 | ||
|
Restricted Stock Units (RSUs) [Member]
|
||||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||||
| Service Based Award Vesting Installments, Employees | 3 | |||
| Service Based Award Vesting Installments, Non-Employee Directors | 4 | |||
| Non-vested activity [Roll Forward] | ||||
| Other than options, non-vested number, beginning of period | 820,000 | |||
| Other than options, granted number | 173,000 | |||
| Other than options, vested number | 73,000 | |||
| Other than options, cancelled number | 4,000 | |||
| Other than options, non-vested number, end of period | 916,000 | |||
| Other than options, non-vested, weighted average grant date fair value, beginning of period | $ 48.28 | |||
| Other than options, granted, weighted average grant date fair value | $ 89.71 | |||
| Other than options, vested, weighted average grant date fair value | $ 45.23 | |||
| Other than options, cancelled, weighted average grant date fair value | $ 61.54 | |||
| Other than options, non-vested, weighted average grant date fair value, end of period | $ 56.28 | |||
|
Restricted Stock [Member]
|
||||
| Non-vested activity [Roll Forward] | ||||
| Other than options, non-vested number, beginning of period | 333,000 | |||
| Other than options, granted number | 0 | |||
| Other than options, vested number | 0 | |||
| Other than options, cancelled number | 0 | |||
| Other than options, non-vested number, end of period | 333,000 | |||
| Other than options, non-vested, weighted average grant date fair value, beginning of period | $ 60.41 | |||
| Other than options, granted, weighted average grant date fair value | $ 0 | |||
| Other than options, vested, weighted average grant date fair value | $ 0 | |||
| Other than options, cancelled, weighted average grant date fair value | $ 0 | |||
| Other than options, non-vested, weighted average grant date fair value, end of period | $ 60.41 | |||
|
Performance Share [Member]
|
||||
| Non-vested activity [Roll Forward] | ||||
| Other than options, non-vested number, beginning of period | 590,000 | |||
| Other than options, granted number | 96,000 | |||
| Other than options, vested number | 0 | |||
| Other than options, cancelled number | 0 | |||
| Other than options, non-vested number, end of period | 686,000 | |||
| Other than options, non-vested, weighted average grant date fair value, beginning of period | $ 53.96 | |||
| Other than options, granted, weighted average grant date fair value | $ 88.52 | |||
| Other than options, vested, weighted average grant date fair value | $ 0 | |||
| Other than options, cancelled, weighted average grant date fair value | $ 0 | |||
| Other than options, non-vested, weighted average grant date fair value, end of period | $ 58.77 | |||
| X | ||||||||||
|
- Definition
Shares issuable for little or no cash consideration upon the satisfaction of certain performance conditions. No definition available.
|
| X | ||||||||||
|
- Definition
First RSU Vesting Installments, Employees, Number of Years Following Grant Date No definition available.
|
| X | ||||||||||
|
- Definition
First RSU Vesting Installments, Nonemployee Directors, Number of Years Following Grant Date, Awards Prior to 2010 No definition available.
|
| X | ||||||||||
|
- Definition
Represents the years after grant date at which time the individual begins to receive service-based RSU (granted during or after 2010) installments. No definition available.
|
| X | ||||||||||
|
- Definition
The reduction in the number of shares available to be granted by each grant of an RSU award made prior to April 29, 2009. No definition available.
|
| X | ||||||||||
|
- Definition
The reduction in the number of shares available to be granted by each grant of an RSU award made on or after April 29, 2009. No definition available.
|
| X | ||||||||||
|
- Definition
Represents the number of vesting installments granted to employees. No definition available.
|
| X | ||||||||||
|
- Definition
Represents the vesting installments granted to non-employee directors for service-based awards. No definition available.
|
| X | ||||||||||
|
- Definition
Award term as to what percentage of an award is no longer contingent on satisfaction of either a service condition, market condition or a performance condition, thereby giving the employee the legal right to convert the award to shares, to sell shares, and be entitled to the cash proceeds of such sale. No definition available.
|
| X | ||||||||||
|
- Definition
Award term as to what percentage of an award is no longer contingent on satisfaction of either a service condition, market condition or a performance condition, thereby giving the employee the legal right to convert the award to shares, to sell the shares, and be entitled to the cash proceeds of such sale. No definition available.
|
| X | ||||||||||
|
- Definition
Award term as to what percentage of an award is no longer contingent on satisfaction of either a service condition, market condition or a performance condition, thereby giving the employee the legal right to convert the award to shares, to sell shares, and be entitled to the cash proceeds of such sale. No definition available.
|
| X | ||||||||||
|
- Definition
The total recognized tax benefit related to compensation cost for equity-based payment arrangements recognized in income during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Reductions in the entity's income taxes that arise when compensation cost (from non-qualified share-based compensation) recognized on the entity's tax return exceeds compensation cost from equity-based compensation recognized in financial statements. This element represents the cash inflow reported in the enterprise's financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Description of the estimated period of time over which an employee is required to provide service in exchange for the equity-based payment award, which often is the vesting period. This period may be explicit or implicit based on the terms of the award, and may be presented in a variety of ways (for example, year, month and year, day, month and year, quarter of a year). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Description of the period of time over which an employee's right to exercise an award is no longer contingent on satisfaction of either a service condition, market condition or a performance condition, which may be expressed in a variety of ways (for example, in years, month and year). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The number of equity-based payment instruments, excluding stock (or unit) options, that were forfeited during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The weighted average fair value as of the grant date of equity-based award plans other than stock (unit) option plans that were not exercised or put into effect during the reporting period as a result of the occurrence of a terminating event specified in the contractual agreement of the plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The number of grants made during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The weighted average fair value at grant date for nonvested equity-based awards issued during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The number of non-vested equity-based payment instruments, excluding stock (or unit) options, that validly exist and are outstanding as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The weighted average fair value of nonvested awards on equity-based plans excluding option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, revenue or profit achievement stock award plan) for which the employer is contingently obligated to issue equity instruments or transfer assets to an employee who has not yet satisfied service or performance criteria necessary to gain title to proceeds from the sale of the award or underlying shares or units. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The number of equity-based payment instruments, excluding stock (or unit) options, that vested during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The weighted average fair value as of grant date pertaining to an equity-based award plan other than a stock (or unit) option plan for which the grantee gained the right during the reporting period, by satisfying service and performance requirements, to receive or retain shares or units, other instruments, or cash in accordance with the terms of the arrangement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
|
STOCKHOLDERS' EQUITY (Details) (USD $)
In Thousands, except Share data, unless otherwise specified |
3 Months Ended | |||
|---|---|---|---|---|
|
Apr. 29, 2012
|
Aug. 01, 2010
|
Jan. 29, 2012
|
May 01, 2011
|
|
| Business Acquisition [Line Items] | ||||
| Preferred stock, par value (in dollars per share) | $ 100 | $ 100 | $ 100 | |
| total shares of common stock convertible preferred stock was converted into | 2,095,000 | |||
|
Series A Convertible Preferred Stock [Member]
|
||||
| Business Acquisition [Line Items] | ||||
| Preferred stock, shares issued (in shares) | 4,000 | 8,000 | 8,000 | 8,000 |
| Preferred stock, par value (in dollars per share) | $ 100 | $ 100 | $ 100 | $ 100 |
| Net proceeds from preferred stock issuance | $ 188,595 | |||
| Convertible Preferred Stock, Value, Aggregate Gross Purchase Price | 200,000 | |||
| Preferred Stock, Liquidation Preference Per Share | $ 25,000 | |||
| Preferred Stock Conversion Price Into Shares of Common Stock | $ 47.74 | |||
| total shares of common stock convertible preferred stock is convertible into | 4,189,000 | |||
| Conversion of Preferred stock, amount converted | $ 94,297 | |||
| Conversion of Preferred stock, shares converted | 4,000 | |||
| X | ||||||||||
|
- Definition
Aggregate gross purchase price of convertible preferred stock. No definition available.
|
| X | ||||||||||
|
- Definition
Represents the conversion price at which the preferred stock is convertible into common shares. No definition available.
|
| X | ||||||||||
|
- Definition
Total number of shares of common stock convertible preferred stock is convertible into. No definition available.
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The value of the stock converted in a noncash (or part noncash) transaction. Noncash is defined as transactions during a period that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The number of shares converted in a noncash (or part noncash) transaction. Noncash is defined as transactions during a period that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The per share liquidation preference (or restrictions) of nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) that has a preference in involuntary liquidation considerably in excess of the par or stated value of the shares. The liquidation preference is the difference between the preference in liquidation and the par or stated values of the share. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Face amount or stated value per share of nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer); generally not indicative of the fair market value per share. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Total number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) issued to shareholders (includes related preferred shares that were issued, repurchased, and remain in the treasury). May be all or portion of the number of preferred shares authorized. Excludes preferred shares that are classified as debt. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Proceeds from issuance of capital stock which provides for a specific dividend that is paid to the shareholders before any dividends to common stockholders and which takes precedence over common stockholders in the event of liquidation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Number of shares issued during the period as a result of the conversion of convertible securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
ACTIVITY EXIT COSTS (Details) (USD $)
In Thousands, unless otherwise specified |
3 Months Ended |
|---|---|
|
Apr. 29, 2012
|
|
|
Tommy Hilfiger Integration and Exit Costs [Member]
|
|
| Restructuring Cost and Reserve [Line Items] | |
| Total costs expected to be incurred | $ 86,308 |
| Cumulative costs incurred to date | 81,808 |
| Restructuring Reserve [Roll Forward] | |
| Total liability, beginning of period | 8,797 |
| Total costs incurred | 746 |
| Total costs incurred, liability rollforward | 746 |
| Total costs paid | 2,798 |
| Total liability, end of period | 6,745 |
|
Timberland Men's and Izod Women's Exit Costs [Member]
|
|
| Restructuring Reserve [Roll Forward] | |
| Total liability, beginning of period | 6,339 |
| Total costs incurred, liability rollforward | 0 |
| Total costs paid | 5,322 |
| Total liability, end of period | 1,017 |
|
Severance, termination benefits and other costs [Member] | Tommy Hilfiger Integration and Exit Costs [Member]
|
|
| Restructuring Cost and Reserve [Line Items] | |
| Total costs expected to be incurred | 32,870 |
| Cumulative costs incurred to date | 32,370 |
| Restructuring Reserve [Roll Forward] | |
| Total liability, beginning of period | 4,305 |
| Total costs incurred | 162 |
| Total costs paid | 1,927 |
| Total liability, end of period | 2,540 |
|
Severance, termination benefits and other costs [Member] | Timberland Men's and Izod Women's Exit Costs [Member]
|
|
| Restructuring Reserve [Roll Forward] | |
| Total liability, beginning of period | 1,310 |
| Total costs incurred, liability rollforward | 0 |
| Total costs paid | 293 |
| Total liability, end of period | 1,017 |
|
Long-lived asset impairments [Member] | Tommy Hilfiger Integration and Exit Costs [Member]
|
|
| Restructuring Cost and Reserve [Line Items] | |
| Total costs expected to be incurred | 11,017 |
| Cumulative costs incurred to date | 11,017 |
| Restructuring Reserve [Roll Forward] | |
| Total costs incurred | 0 |
|
Inventory liquidation costs[Member] | Tommy Hilfiger Integration and Exit Costs [Member]
|
|
| Restructuring Cost and Reserve [Line Items] | |
| Total costs expected to be incurred | 10,210 |
| Cumulative costs incurred to date | 10,210 |
| Restructuring Reserve [Roll Forward] | |
| Total costs incurred | 0 |
|
Lease/contract termination and related costs [Member] | Tommy Hilfiger Integration and Exit Costs [Member]
|
|
| Restructuring Cost and Reserve [Line Items] | |
| Total costs expected to be incurred | 32,211 |
| Cumulative costs incurred to date | 28,211 |
| Restructuring Reserve [Roll Forward] | |
| Total liability, beginning of period | 4,492 |
| Total costs incurred | 584 |
| Total costs paid | 871 |
| Total liability, end of period | 4,205 |
|
Lease/contract termination and related costs [Member] | Timberland Men's and Izod Women's Exit Costs [Member]
|
|
| Restructuring Reserve [Roll Forward] | |
| Total liability, beginning of period | 5,029 |
| Total costs incurred, liability rollforward | 0 |
| Total costs paid | 5,029 |
| Total liability, end of period | 0 |
|
Tommy Hilfiger North America [Member] | Tommy Hilfiger Integration and Exit Costs [Member]
|
|
| Restructuring Reserve [Roll Forward] | |
| Total costs incurred | 379 |
|
Unallocated Amount to Segment [Member] | Tommy Hilfiger Integration and Exit Costs [Member]
|
|
| Restructuring Reserve [Roll Forward] | |
| Total costs incurred | $ 367 |
| X | ||||||||||
|
- Definition
For purposes of the liability rollforward, discloses the amount charged against the accrued restructuring reserves, or earnings if not previously accrued during the period for the specified type of restructuring cost. No definition available.
|
| X | ||||||||||
|
- Definition
Amount of costs incurred to date for the specified type of restructuring cost. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount expected to be charged against earnings in the current and future periods for the specified restructuring cost. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Discloses the amount charged against the accrued restructuring reserves, or earnings if not previously accrued, during the period for the specified type of restructuring cost. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Carrying amount (including both current and noncurrent portions of the accrual) as of the balance sheet date pertaining to a specified type of cost associated with exit from or disposal of business activities or restructuring pursuant to a duly authorized plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Amount of cash paid in the period to fully or partially settle a specified, previously accrued type of restructuring cost. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
NET INCOME PER COMMON SHARE (Details) (USD $)
In Thousands, except Per Share data, unless otherwise specified |
3 Months Ended | |
|---|---|---|
|
Apr. 29, 2012
|
May 01, 2011
|
|
| Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items] | ||
| Net income | $ 93,114 | $ 57,667 |
| Common stock dividends paid to holders of Series A convertible preferred stock | (209) | (314) |
| Allocation of income to Series A convertible preferred stock | (4,231) | (3,088) |
| Net income available to common stockholders for basic net income per common share | $ 88,674 | $ 54,265 |
| Weighted average common shares outstanding for basic net income per common share | 68,539 | 66,798 |
| Weighted average impact of dilutive securities | 1,588 | 1,605 |
| Weighted average impact of assumed convertible preferred stock conversion | 3,475 | 4,189 |
| Total shares for diluted net income per common share | 73,602 | 72,592 |
| Basic net income per common share (in dollars per share) | $ 1.29 | $ 0.81 |
| Diluted net income per common share (in dollars per share) | $ 1.27 | $ 0.79 |
| Weighted average antidilutive securities | 254 | 245 |
| X | ||||||||||
|
- Definition
Securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) or earnings per unit (EPU) in the future that were not included in the computation of diluted EPS or EPU because to do so would increase EPS or EPU amounts or decrease loss per share or unit amounts for the period presented. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Additional shares included in the calculation of diluted EPS as a result of the potentially dilutive effect of convertible preferred stock using the if-converted method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Net income after adjustments for dividends on preferred stock (declared in the period) and/or cumulative preferred stock (accumulated for the period). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of preferred stock dividends that is an adjustment to net income apportioned to common stockholders. No definition available.
|
| X | ||||||||||
|
- Definition
Earnings allocated (not distributed) to participating securities under the two-class method to the extent that participating securities may share in earnings as if all of the earnings for the period had been distributed. No definition available.
|
| X | ||||||||||
|
- Definition
The sum of dilutive potential common shares or units used in the calculation of the diluted per-share or per-unit computation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
NET INCOME PER COMMON SHARE - DILUTED (Details) (USD $)
In Thousands, unless otherwise specified |
3 Months Ended | |
|---|---|---|
|
Apr. 29, 2012
|
May 01, 2011
|
|
| Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items] | ||
| Net income available to common stockholders for basic net income per common share (add back section) | $ 88,674 | $ 54,265 |
| Common stock dividends paid to holders of Series A convertible preferred stock | 209 | 314 |
| Allocation of income to Series A convertible preferred stock | 4,231 | 3,088 |
| Net income available to common stockholders for diluted net income per common share | $ 93,114 | $ 57,667 |
| Number of dilutive shares that could be issued upon vesting | 686 | 696 |
| X | ||||||||||
|
- Definition
Represents the number of dilutive shares that could be issued upon vesting. No definition available.
|
| X | ||||||||||
|
- Definition
Preferred Stock Dividends Excluding Gains, Income Statement Impact No definition available.
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Net income after adjustments for dividends on preferred stock (declared in the period) and/or cumulative preferred stock (accumulated for the period). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Net Income or Loss Available to Common Stockholders plus adjustments resulting from the assumption that dilutive convertible securities were converted, options or warrants were exercised, or that other shares were issued upon the satisfaction of certain conditions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Earnings allocated (not distributed) to participating securities under the two-class method to the extent that participating securities may share in earnings as if all of the earnings for the period had been distributed. No definition available.
|
|
NONCASH INVESTING AND FINANCING ACTIVITIES (Details) (USD $)
In Thousands, unless otherwise specified |
3 Months Ended | |
|---|---|---|
|
Apr. 29, 2012
|
May 01, 2011
|
|
| Nonmonetary Transaction [Line Items] | ||
| Liabilities incurred related to contingent purchase price payments | $ 12,563 | |
| Calvin Klein contingent purchase price payments | 13,535 | 12,970 |
| total shares of common stock convertible preferred stock was converted into | 2,095 | |
| Par value of common stock convertible preferred stock was converted into | 2,095 | |
| Increase in additional paid in capital, conversion of preferred stock | 92,202 | |
| Loss related to write-off of previously capitalized debt issuance costs | 12,876 | |
|
Calvin Klein Licensing [Member]
|
||
| Nonmonetary Transaction [Line Items] | ||
| Liabilities incurred related to contingent purchase price payments | 12,563 | 11,690 |
| Contingent purchase price payment terms | Due 45 days subsequent to the Company's applicable quarter end | Due 45 days subsequent to the Company's applicable quarter end |
|
Series A Convertible Preferred Stock [Member]
|
||
| Nonmonetary Transaction [Line Items] | ||
| Conversion of Preferred stock, shares converted | 4 | |
| Conversion of Preferred stock, amount converted | $ 94,297 | |
| X | ||||||||||
|
- Definition
Contingent purchase price payment terms No definition available.
|
| X | ||||||||||
|
- Definition
The par value of stock issued during the period upon the conversion of convertible securities. No definition available.
|
| X | ||||||||||
|
- Definition
Represents increases or decreases in additional paid in capital not separately disclosed. No definition available.
|
| X | ||||||||||
|
- Definition
This element represents the amount of any change, including any differences arising upon settlement, recognized during the reporting period in the value of an asset or assets, arising from an item of contingent consideration, recognized in a business combination. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The value of the stock converted in a noncash (or part noncash) transaction. Noncash is defined as transactions during a period that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The number of shares converted in a noncash (or part noncash) transaction. Noncash is defined as transactions during a period that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The net cash inflow or outflow associated with the aggregate amount of adjustment to the purchase price of a previous acquisition. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Number of shares issued during the period as a result of the conversion of convertible securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Write-off of amounts previously capitalized as debt issuance cost in an extinguishment of debt. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
SEGMENT DATA (Details) (USD $)
In Thousands, unless otherwise specified |
3 Months Ended | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Apr. 29, 2012
|
May 01, 2011
|
|||||||||||||
| Segment Reporting Information [Line Items] | ||||||||||||||
| Number of reportable segments | 7 | |||||||||||||
| Number of divisions comprising segment | 3 | |||||||||||||
| Net sales | $ 1,312,849 | $ 1,256,986 | ||||||||||||
| Royalty revenue | 85,460 | 81,992 | ||||||||||||
| Advertising and other revenue | 29,097 | 30,206 | ||||||||||||
| Total revenue | 1,427,406 | 1,369,184 | ||||||||||||
| Income (loss) before interest and taxes | 152,248 | 120,444 | ||||||||||||
| Debt modification costs | 0 | 16,233 | ||||||||||||
| Business Combination, Integration Related Costs | 3,316 | 30,459 | ||||||||||||
|
Heritage Brand Wholesale Dress Furnishings [Member]
|
||||||||||||||
| Segment Reporting Information [Line Items] | ||||||||||||||
| Net sales | 119,886 | 134,689 | ||||||||||||
| Royalty revenue | 1,517 | 1,485 | ||||||||||||
| Advertising and other revenue | 707 | 404 | ||||||||||||
| Total revenue | 122,110 | 136,578 | ||||||||||||
| Income (loss) before interest and taxes | 8,916 | 20,651 | [1] | |||||||||||
|
Heritage Brand Wholesale Sportswear [Member]
|
||||||||||||||
| Segment Reporting Information [Line Items] | ||||||||||||||
| Net sales | 134,232 | 135,454 | ||||||||||||
| Royalty revenue | 2,463 | 2,441 | ||||||||||||
| Advertising and other revenue | 461 | 406 | ||||||||||||
| Total revenue | 137,156 | 138,301 | ||||||||||||
| Income (loss) before interest and taxes | 11,370 | 14,271 | [1] | |||||||||||
|
Heritage Brand Retail [Member]
|
||||||||||||||
| Segment Reporting Information [Line Items] | ||||||||||||||
| Net sales | 134,182 | 131,677 | ||||||||||||
| Royalty revenue | 1,203 | 1,298 | ||||||||||||
| Advertising and other revenue | 271 | 241 | ||||||||||||
| Total revenue | 135,656 | 133,216 | ||||||||||||
| Income (loss) before interest and taxes | (2,544) | 4,501 | [1] | |||||||||||
|
Calvin Klein Licensing [Member]
|
||||||||||||||
| Segment Reporting Information [Line Items] | ||||||||||||||
| Net sales | 8,244 | 7,442 | ||||||||||||
| Royalty revenue | 65,473 | 64,884 | ||||||||||||
| Advertising and other revenue | 24,927 | 26,889 | ||||||||||||
| Total revenue | 98,644 | 99,215 | ||||||||||||
| Income (loss) before interest and taxes | 40,744 | 34,650 | [1] | |||||||||||
|
Tommy Hilfiger North America [Member]
|
||||||||||||||
| Segment Reporting Information [Line Items] | ||||||||||||||
| Net sales | 298,980 | 267,637 | ||||||||||||
| Royalty revenue | 4,524 | 2,861 | ||||||||||||
| Advertising and other revenue | 1,687 | 1,286 | ||||||||||||
| Total revenue | 305,191 | 271,784 | ||||||||||||
| Income (loss) before interest and taxes | 28,934 | [2] | (12,211) | [1],[3] | ||||||||||
| Business Combination, Integration Related Costs | 379 | 23,491 | ||||||||||||
|
Tommy Hilfiger International [Member]
|
||||||||||||||
| Segment Reporting Information [Line Items] | ||||||||||||||
| Net sales | 453,850 | 433,656 | ||||||||||||
| Royalty revenue | 10,280 | 9,023 | ||||||||||||
| Advertising and other revenue | 1,044 | 980 | ||||||||||||
| Total revenue | 465,174 | 443,659 | ||||||||||||
| Income (loss) before interest and taxes | 73,480 | 78,982 | [1],[3] | |||||||||||
| Business Combination, Integration Related Costs | 448 | |||||||||||||
|
Other Calvin Klein Apparel [Member]
|
||||||||||||||
| Segment Reporting Information [Line Items] | ||||||||||||||
| Net sales | 163,475 | 146,431 | ||||||||||||
| Total revenue | 163,475 | 146,431 | ||||||||||||
| Income (loss) before interest and taxes | 17,598 | 20,943 | [1] | |||||||||||
|
Unallocated Amount to Segment [Member]
|
||||||||||||||
| Segment Reporting Information [Line Items] | ||||||||||||||
| Income (loss) before interest and taxes | (26,250) | [2],[4] | (41,343) | [1],[3],[4],[5] | ||||||||||
| Business Combination, Integration Related Costs | $ 2,937 | $ 6,520 | ||||||||||||
|
||||||||||||||
| X | ||||||||||
|
- Definition
Includes (i) advertising revenue, which represents contributions made by licensees toward advertising based on contractual obligations, and (ii) revenues from the sale of other goods or rendering of other services, not elsewhere specified in the taxonomy; net of (reduced by) sales adjustments, returns, allowances, and discounts. No definition available.
|
| X | ||||||||||
|
- Definition
Costs incurred in the modification of term of existing debt agreement, including a loss to write-off previously capitalized debt issuance costs. No definition available.
|
| X | ||||||||||
|
- Definition
Sum of operating profit and nonoperating income (expense) before income (loss) from equity method investments, interest expense, interest income, income taxes, extraordinary items, cumulative items, cumulative effects of change in accounting principles and noncontrolling interest. No definition available.
|
| X | ||||||||||
|
- Definition
Segment Reporting, Number of Divisions Comprising Segment No definition available.
|
| X | ||||||||||
|
- Definition
Segment Reporting, Number of Reportable Segments No definition available.
|
| X | ||||||||||
|
- Definition
Costs incurred to effect a business combination which have been expensed during the period. Such costs could include business integration costs, systems integration and conversion costs, and severance and other employee-related costs. No definition available.
|
| X | ||||||||||
|
- Definition
Revenue earned during the period from the leasing or otherwise lending to a third party the entity's rights or title to certain property. Royalty revenue is derived from a percentage or stated amount of sales proceeds or revenue generated by the third party using the entity's property. Examples of property from which royalties may be derived include patents and oil and mineral rights. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Aggregate revenue during the period from the sale of goods in the normal course of business, after deducting returns, allowances and discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
|
GUARANTEES (Details) (USD $)
In Thousands, unless otherwise specified |
Apr. 29, 2012
|
|---|---|
| Guarantor Obligations [Line Items] | |
| Guarantor Obligations, Maximum Exposure, Undiscounted | $ 500 |
| Guarantee Obligations Maximum Exposure, Rent and Related | 3,900 |
| Guarantee Obligations Recourse | $ 2,450 |
| X | ||||||||||
|
- Definition
Maximum potential amount of future rent and related payments (undiscounted) the guarantor could be required to make under the guarantee or each group of similar guarantees before reduction for potential recoveries under recourse or collateralization provisions. No definition available.
|
| X | ||||||||||
|
- Definition
Potential amount any recourse provisions would enable guarantor to recover from third parties under the guarantee (or each group of similar guarantees). No definition available.
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Maximum potential amount of future payments (undiscounted) the guarantor could be required to make under the guarantee or each group of similar guarantees before reduction for potential recoveries under recourse or collateralization provisions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|