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Document and Entity Information Document
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3 Months Ended | |
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May 04, 2014
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Jun. 03, 2014
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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 | --02-01 | |
| Entity Filer Category | Large Accelerated Filer | |
| Document Type | 10-Q | |
| Document Period End Date | May 04, 2014 | |
| Document Fiscal Year Focus | 2014 | |
| Document Fiscal Period Focus | Q1 | |
| Amendment Flag | false | |
| Entity Common Stock, Shares Outstanding | 82,349,513 | |
| 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 is 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, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word "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 or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [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, (4) Smaller Reporting Company (Non-accelerated) or (5) Smaller Reporting Accelerated Filer. 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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- 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
Amount represents 1) costs incurred in the modification of term of existing debt agreement, including a loss to write-off previously capitalized debt issuance costs, or 2) the difference between the fair value of payments made and the carrying amount of the debt at time of extinguishment. 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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- 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
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- Definition
This element represents the income or loss from continuing operations (before interest income and interest expense) 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 interest income, interest expense, income taxes, extraordinary items, and noncontrolling interest. No definition available.
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- 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
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- Details
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- Definition
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount before accretion (amortization) of purchase discount (premium) of interest income on nonoperating securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- 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
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- Definition
Amount of Net Income (Loss) attributable to redeemable noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- 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
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- 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
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- 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
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- 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
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Consolidated Statements of Comprehensive Income (Loss) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | |
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May 04, 2014
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May 05, 2013
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| Net Income (loss) | $ 35.2 | $ (10.3) |
| Foreign currency translation adjustments, net of tax | 109.5 | (111.7) |
| Amortization of prior service credit related to pension and postretirement plans, net of tax | (0.1) | (0.1) |
| Net unrealized and realized (loss) gain on effective hedges, net of tax | (7.5) | 7.9 |
| Comprehensive income (loss) | 137.1 | (114.2) |
| Less: Comprehensive income attributable to redeemable non-controlling interest | 0.5 | 0.1 |
| Total comprehensive income (loss) attributable to PVH Corp. | $ 136.6 | $ (114.3) |
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- Definition
Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount after tax of (increase) decrease in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to noncontrolling interests. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount after tax and reclassification adjustments, of increase (decrease) in accumulated gain (loss) from derivative instruments designated and qualifying as the effective portion of cash flow hedges and an entity's share of an equity investee's increase (decrease) in deferred hedging gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount after tax and reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount after tax and reclassification adjustments, of (increase) decrease in accumulated other comprehensive (income) loss related to pension and other postretirement defined benefit plans. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Consolidated Statements of Comprehensive Income (Loss) (Parenthetical) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | |
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May 04, 2014
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May 05, 2013
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| Foreign currency translation adjustments, tax (benefit) | $ (3.3) | $ (0.4) |
| Amortization of prior service credit related to pension and postretirement plans, tax (benefit) | (0.1) | (0.1) |
| Net unrealized and realized (loss) gain on effective hedges, tax (benefit) | $ (0.1) | $ (1.2) |
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- Definition
Amount of tax expense (benefit), after reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of tax (expense) benefit, after reclassification adjustments, of (increase) decrease in accumulated other comprehensive (income) loss related to pension and other postretirement defined benefit plans. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of tax expense (benefit), before reclassification adjustments, related to increase (decrease) in accumulated gain (loss) from derivative instruments designated and qualifying as the effective portion of cash flow hedges and an entity's share of an equity investee's increase (decrease) in deferred hedging gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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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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- Details
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- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within 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
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
Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. 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
Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of liabilities and equity items, 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
Amount of long-term debt, after unamortized discount or premium, scheduled to be repaid within one year or the normal operating cycle, if longer. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Carrying amount of long-term debt, net of unamortized discount or premium, excluding amounts to be repaid within one year or the normal operating cycle, if longer (current maturities). Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. 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
Amount of asset related to consideration paid in advance for costs that provide economic benefits within a future period of one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
As of the reporting date, the carrying amount of noncontrolling interests which are redeemable by the (parent) entity (1) at a fixed or determinable price on a fixed or determinable date, (2) at the option of the holder of the noncontrolling interest, or (3) upon occurrence of an event that is not solely within the control of the (parent) entity. The noncontrolling interest holder's ownership (or holders' ownership) may be in the form of common shares (regardless of class), limited partnership units (regardless of class), non-preferential membership interests, or any other form of common equity regardless of investee entity legal form. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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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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| X | ||||||||||
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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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- Details
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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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Consolidated Balance Sheets (Parenthetical) (USD $)
In Millions, except Share data, unless otherwise specified |
May 04, 2014
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Feb. 02, 2014
|
May 05, 2013
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|---|---|---|---|
| Current Assets: | |||
| Allowance for doubtful accounts | $ 20.9 | $ 26.4 | $ 28.1 |
| Other current assets, deferred taxes | 153.2 | 155.1 | 99.4 |
| Other Assets: | |||
| Other assets, deferred taxes | 34.3 | 35.2 | 82.4 |
| Liabilities: | |||
| Accrued expenses, deferred taxes | 0.1 | 1.2 | 17.9 |
| Other liabilities, deferred taxes | $ 1,009.6 | $ 1,016.6 | $ 1,068.8 |
| Stockholders' Equity: | |||
| Common stock, par value (in dollars per share) | $ 1 | $ 1 | $ 1 |
| Common stock, shares authorized (in shares) | 240,000,000 | 240,000,000 | 240,000,000 |
| Common stock, shares issued (in shares) | 82,897,616 | 82,679,574 | 81,200,842 |
| Preferred stock, par value (in dollars per share) | $ 100 | $ 100 | $ 100 |
| Preferred stock, shares authorized (in shares) | 150,000 | 150,000 | 150,000 |
| Shares of common stock held in treasury, at cost (in shares) | 576,377 | 512,702 | 172,839 |
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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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| X | ||||||||||
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- Definition
Face amount or stated value per share of common stock. 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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| X | ||||||||||
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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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| X | ||||||||||
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- Definition
Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards expected to be realized or consumed within one year or operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount after allocation of valuation allowances of noncurrent deferred tax asset attributable to deductible temporary differences and carryforwards. 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
|
| X | ||||||||||
|
- Definition
Amount of deferred tax liability attributable to taxable temporary differences, net of deferred tax asset attributable to deductible temporary differences and carryforwards net of valuation allowances expected to be realized or consumed within one year or operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
Amount of deferred tax liability attributable to taxable temporary differences, net of deferred tax asset attributable to deductible temporary differences and carryforwards net of valuation allowances 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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| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Face amount or stated value per share of preferred stock nonredeemable or redeemable solely at the option of the issuer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- 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
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
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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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| X | ||||||||||
|
- Definition
Represents the cash received for the sale of Chaps sportswear assets in 2013. No definition available.
|
| X | ||||||||||
|
- Definition
Amount represents 1) costs incurred in the modification of term of existing debt agreement, including a loss to write-off previously capitalized debt issuance costs, or 2) the difference between the fair value of payments made and the carrying amount of the debt at time of extinguishment. 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 | ||||||||||
|
- Definition
Redemption Of Senior Notes Due 2020 No definition available.
|
| X | ||||||||||
|
- Definition
The cash outflow related to the Company's previously outstanding credit facility. No definition available.
|
| X | ||||||||||
|
- Definition
The cash outflow for Warnaco’s previously outstanding debt. No definition available.
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Includes effect from exchange rate changes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
The amount of the gain (loss) recognized by the parent and included in its attributable portion of net income for the period due to deconsolidation of a subsidiary or derecognition of a group of assets. The gain (loss) recognized and included in the net income attributable to the parent for the period is generally computed as the difference between: (a) the aggregate of: (1) the fair value of any consideration received; (2) the fair value of any retained noncontrolling investment in the former subsidiary at the date the subsidiary was deconsolidated; and (3) the carrying amount of any noncontrolling interest in the former subsidiary (including any accumulated other comprehensive income attributable to the noncontrolling interest) at the date the subsidiary was deconsolidated and (b) the carrying amount of the former subsidiary's assets and liabilities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
Amount of deferred income tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| 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
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| X | ||||||||||
|
- Definition
Amount of increase (decrease) from the effect of exchange rate changes on cash and cash equivalent balances held in foreign currencies. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of cash inflow from realized tax benefit related to deductible compensation cost reported on the entity's tax return for equity instruments in excess of the compensation cost for those instruments recognized for financial reporting purposes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| 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
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| 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
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| 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
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| 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 for the increase (decrease) associated with funds that are not available for withdrawal or use (such as funds held in escrow) and are associated with underlying transactions that are classified as investing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
Amount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Details
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| X | ||||||||||
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- Definition
Amount of cash inflow (outflow) from investing activities, including discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Details
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| X | ||||||||||
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- Definition
Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- 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
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| X | ||||||||||
|
- Definition
The cash outflow to reacquire common stock during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
The cash outflow paid to third parties in connection with debt origination, which will be amortized over the remaining maturity period of the associated long-term debt. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
Cash outflow in the form of ordinary dividends to common shareholders, preferred shareholders and noncontrolling interests, generally out of earnings. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
The cash outflow associated with the acquisition of a business, net of the cash acquired from the purchase. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| 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
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| 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
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| X | ||||||||||
|
- Definition
The amount of cash or cash equivalents contributed by the entity to fund its pension plans. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| 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
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| X | ||||||||||
|
- Definition
The net cash inflow or cash outflow 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
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| X | ||||||||||
|
- Definition
Amount of cash inflow (outflow) from long-term debt wholly or partially secured by collateral. Excludes tax exempt secured debt. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| 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
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| 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
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|
GENERAL
|
3 Months Ended |
|---|---|
|
May 04, 2014
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|
| Notes to Financial Statements [Abstract] | |
| GENERAL | GENERAL PVH Corp. and its consolidated subsidiaries (collectively, the “Company”) 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, Warner’s and Olga, which are owned, and Speedo, which is licensed in perpetuity, as well as various other owned, licensed and private label brands. In addition, through the end of the third quarter of 2013, the Company owned, and operated businesses under, the G.H. Bass & Co. and Bass trademarks. The Company designs and markets branded dress shirts, neckwear, sportswear, jeanswear, underwear, intimate apparel, swim products and, to a lesser extent, handbags, footwear and other related products and licenses its owned brands over a broad range of products. References to the aforementioned and 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. 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. Please see Note 4, “Investments in Unconsolidated Affiliates,” for a further discussion. As a result of the acquisition of The Warnaco Group, Inc. (“Warnaco”), the Company acquired a majority interest in a joint venture in India that was consolidated and accounted for as a redeemable non-controlling interest during 2013. The redeemable non-controlling interest represented the minority shareholders’ proportionate share (49%) of the equity in that entity. During the first quarter of 2014, in connection with the sale of the minority shareholders’ interests to a third party, the Company and the new shareholder entered into a shareholder agreement with different governing arrangements between the Company and the new shareholder as compared to the arrangements with the prior minority shareholders. Based on the new arrangements, the joint venture was deconsolidated and is now accounted for using the equity method of accounting. Please see Note 5, “Redeemable Non-Controlling Interest,” for a further discussion. 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 February 2, 2014. 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 these estimates. The results of operations for the thirteen weeks ended May 4, 2014 and May 5, 2013 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 for the prior year periods to present that information on a basis consistent with the current year. |
| X | ||||||||||
|
- Details
|
| X | ||||||||||
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- Definition
The entire disclosure for organization, consolidation and basis of presentation of financial statements disclosure. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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|
INVENTORIES
|
3 Months Ended |
|---|---|
|
May 04, 2014
|
|
| Notes to Financial Statements [Abstract] | |
| INVENTORIES | INVENTORIES Inventories are comprised principally of finished goods and are stated at the lower of cost or market. |
| X | ||||||||||
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- Details
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| 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
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ACQUISITIONS AND DIVESTITURES
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3 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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May 04, 2014
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| Notes to Financial Statements [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ACQUISITIONS AND DIVESTITURE | ACQUISITIONS AND DIVESTITURES Acquisition of Warnaco The Company acquired on February 13, 2013 all of the outstanding equity interests in Warnaco. The results of Warnaco’s operations since that date are included in the Company’s consolidated financial statements. Warnaco designs, sources, markets and distributes a broad line of intimate apparel, underwear, jeanswear and swim products worldwide. Warnaco’s products are sold under the Calvin Klein, Speedo, Warner’s and Olga brand names and were also previously sold under the Chaps brand name. Ralph Lauren Corporation reacquired the Chaps license effective contemporaneously with the Company’s acquisition of Warnaco. The Warnaco acquisition provided the Company with complete direct global control of the Calvin Klein brand image and commercial decisions for the two largest Calvin Klein apparel categories — jeanswear and underwear. In addition, the Company believes the acquisition takes advantage of its and Warnaco’s complementary geographic platforms. Warnaco’s operations in Asia and Latin America should enhance the Company’s opportunities in those high-growth regions, and the Company has the ability to leverage its expertise and infrastructure in North America and Europe to enhance the growth and profitability of the Calvin Klein Jeans and Calvin Klein Underwear businesses in those regions. Fair Value of the Acquisition Consideration The acquisition date fair value of the acquisition consideration paid at closing totaled $3,137.1 million, which consisted of the following:
The fair value of the 7.7 million common shares issued was equal to the aggregate value of the shares at the closing market price of the Company’s common stock on February 12, 2013, the day prior to the closing. The value of the replacement stock awards was determined by multiplying the estimated fair value of the Warnaco awards outstanding at the time of the acquisition, reduced by an estimated value of awards to be forfeited, by the proportionate amount of the vesting period that had lapsed as of the acquisition date. Also included in the acquisition consideration was the elimination of a $9.2 million pre-acquisition liability to Warnaco. The Company funded the cash portion and related costs of the Warnaco acquisition, repaid all outstanding borrowings under its previously outstanding senior secured credit facilities and repaid all of Warnaco’s previously outstanding long-term debt with the net proceeds of (i) the issuance of $700.0 million of 4 1/2% senior notes due 2022; and (ii) the borrowing of $3,075.0 million of term loans under new senior secured credit facilities. Please see Note 8, “Debt,” Note 12, “Stock-Based Compensation,” and Note 14, “Stockholders’ Equity,” for a further discussion of these aspects of the acquisition. The Company incurred certain pre-tax costs in 2012 and 2013 directly associated with the acquisition, including short-lived non cash valuation adjustments and amortization, totaling approximately $170.0 million, of which approximately $65.0 million was recorded during the thirteen weeks ended May 5, 2013. Please see Note 15, “Activity Exit Costs,” for a discussion of restructuring costs incurred during the thirteen weeks ended May 4, 2014 associated with the acquisition. The operations acquired with Warnaco had total revenue of $516.6 million and a net loss, after non cash valuation adjustments and amortization and integration costs, of $(22.3) million for the period from the date of acquisition through May 5, 2013. These amounts were included in the Company’s results of operations for the thirteen week period then ended. Pro Forma Impact of the Transaction The following table presents the Company’s pro forma consolidated results of operations for the thirteen weeks ended May 5, 2013, as if the acquisition and the related financing transactions had occurred at the beginning of the year prior to the acquisition date. The pro forma results were calculated applying the Company’s accounting policies and reflect (i) the impact on revenue, cost of goods sold and selling, general and administrative expenses resulting from the elimination of intercompany transactions; (ii) the impact on depreciation and amortization expense based on fair value adjustments to Warnaco’s property, plant and equipment and intangible assets recorded in connection with the acquisition; (iii) the impact on interest expense resulting from changes to the Company’s capital structure in connection with the acquisition; (iv) the impact on cost of goods sold resulting from acquisition date adjustments to the fair value of inventory; (v) the elimination of transaction costs related to the acquisition that were included in the Company’s results of operations for the thirteen weeks ended May 5, 2013; and (vi) the tax effects of the above adjustments. The pro forma results do not include any anticipated cost synergies or other effects of the planned integration of Warnaco. Accordingly, such pro forma amounts are not indicative of the results that actually would have occurred had the acquisition been completed at the beginning of the year prior to the acquisition date, nor are they indicative of the future operating results of the combined company.
Allocation of the Acquisition Consideration The following table summarizes the fair values of the assets acquired and liabilities and redeemable non-controlling interest assumed at the date of acquisition:
The Company finalized the purchase price allocation during the fourth quarter of 2013 and applied applicable measurement period adjustments retrospectively in accordance with Financial Accounting Standards Board (“FASB”) guidance for business combinations. During the process of finalizing the purchase price allocation in the fourth quarter of 2013, the Company received additional information about facts and circumstances that existed as of the Warnaco acquisition date. As a result of the receipt of new information, which was included in the final valuation report received from a third-party valuation firm, and considering the results of that report, the Company estimated the fair value of the order backlog acquired as part of the Warnaco acquisition to be $24.1 million lower than the estimated provisional amount. As a result of this adjustment to fair value, the carrying amount of the order backlog (which was being amortized principally over six months) was retrospectively decreased as of February 13, 2013, with a corresponding increase to goodwill and other intangible assets (net of related deferred taxes), and the related order backlog amortization expense for the first quarter of 2013 was reduced by $11.6 million. The Company recorded these measurement period adjustments in the fourth quarter of 2013 and applied the adjustments retrospectively to the first quarter of 2013. The measurement period adjustments were included in the results of the Calvin Klein International segment. In connection with the acquisition, the Company recorded goodwill of $1,513.2 million, which was assigned to the Company’s Calvin Klein North America, Calvin Klein International, Tommy Hilfiger North America, Tommy Hilfiger International, Heritage Brands Wholesale and Heritage Brands Retail segments in the amounts of $456.0 million, $658.6 million, $5.9 million, $296.5 million, $84.3 million and $11.9 million, respectively. In accordance with FASB guidance, the goodwill acquired in the Warnaco acquisition was assigned as of the acquisition date to the Company’s reporting units that are expected to benefit from the synergies of the combination. For those reporting units that had not been assigned any of the assets acquired or liabilities assumed in the acquisition, the amount of goodwill assigned was determined by calculating the estimated fair value of such reporting units before the acquisition and their estimated fair values after the acquisition. None of the goodwill is expected to be deductible for tax purposes. The Company also recorded other intangible assets of $1,628.3 million, which included reacquired license rights of $593.3 million, order backlog of $73.0 million and customer relationships of $149.8 million, which are all amortizable, as well as tradenames of $604.6 million and perpetual license rights of $207.6 million, which have indefinite lives. Sale of Chaps Sportswear Assets Contemporaneously with the Company’s acquisition of Warnaco, Ralph Lauren Corporation reacquired the license for Chaps men’s sportswear that Warnaco held from affiliates of Ralph Lauren Corporation. The Chaps sportswear business was previously operated by Warnaco under such license. In connection with this transaction, the Company sold all of the assets of the Chaps sportswear business, which consisted principally of inventory, to Ralph Lauren Corporation for gross proceeds of $18.3 million. Acquisition of Russia Franchisee The Company acquired three Tommy Hilfiger stores in Russia during the fourth quarter of 2013 and two additional stores during the first quarter of 2014 from a former franchisee. The Company paid $6.0 million during the fourth quarter of 2013 for the first three stores and $4.3 million during the first quarter of 2014 for the other two. These transactions were accounted for as business combinations. Acquisition of Ireland Franchisee During the first quarter of 2014, the Company acquired six Tommy Hilfiger stores in Ireland from a former Tommy Hilfiger franchisee. The Company paid $3.1 million as consideration for this transaction. This transaction was accounted for as a business combination. |
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| X | ||||||||||
|
- Details
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| X | ||||||||||
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- Definition
The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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|
INVESTMENTS IN UNCONSOLIDATED AFFILIATES
|
3 Months Ended |
|---|---|
|
May 04, 2014
|
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| Equity Method Investments and Joint Ventures [Abstract] | |
| INVESTMENTS IN UNCONSOLIDATED AFFILIATES | INVESTMENTS IN UNCONSOLIDATED AFFILIATES Karl Lagerfeld The Company acquired a 10% economic interest in Karl Lagerfeld B.V., the parent company of the Karl Lagerfeld brand, during the thirteen weeks ended May 4, 2014 for $18.9 million. One of the Company’s executive officers indirectly owns approximately 35% of Karl Lagerfeld B.V. The Company has significant influence as defined under FASB guidance with respect to its investment in Karl Lagerfeld B.V., therefore, this investment is being accounted for under the equity method of accounting. Calvin Klein Australia The Company formed a joint venture, PVH Brands Australia Pty. Limited (“PVH Australia”), in 2013 in which the Company owns a 50% economic interest. The joint venture licenses from a Company subsidiary the rights to distribute and sell certain Calvin Klein brand products in Australia, New Zealand and other island nations in the South Pacific. As part of the transaction, the Company contributed to the joint venture its subsidiaries that were operating the Calvin Klein Jeans businesses in Australia and New Zealand. In connection with this contribution, which took place on the first day of 2014, the Company deconsolidated these subsidiaries and recognized a net gain of $2.1 million during the thirteen weeks ended May 4, 2014, which was recorded in selling, general and administrative expenses. The gain was measured as the difference between the fair value of the Company’s 50% interest as determined by a third-party valuation firm and the carrying value of the net assets and cash contributed. The Company made a net payment of $7.3 million to PVH Australia during the thirteen weeks ended May 4, 2014, representing its 50% share of funding. This investment is being accounted for under the equity method of accounting. Calvin Klein India As a result of the Warnaco acquisition, the Company acquired a 51% economic interest in a Calvin Klein joint venture in India, Premium Garments Wholesale Trading Private Limited (“CK India”). The joint venture licenses from a Company subsidiary the rights to the Calvin Klein trademark in India. Beginning in the first quarter of 2014, this investment is being accounted for under the equity method of accounting. Please see Note 5, “Redeemable Non-Controlling Interest,” for a further discussion. Tommy Hilfiger Brazil The Company formed a joint venture, Tommy Hilfiger do Brasil S.A., in Brazil in 2012, in which the Company owns a 40% economic interest. The joint venture licenses from a Company subsidiary the rights to the Tommy Hilfiger trademarks in Brazil. This investment is being accounted for under the equity method of accounting. Tommy Hilfiger China The Company formed a joint venture, TH Asia Ltd., in China in 2010, in which the Company owns a 45% economic interest. The joint venture assumed direct control of the Tommy Hilfiger wholesale and retail distribution businesses in China from the prior licensee on August 1, 2011. The joint venture licenses from a Company subsidiary the rights to these businesses. This investment is being accounted for under the equity method of accounting. Tommy Hilfiger India The Company acquired in 2011 a 50% economic interest in a company that has since been renamed Tommy Hilfiger Arvind Fashion Private Limited (“TH India”). TH India licenses from a Company subsidiary the rights to the Tommy Hilfiger trademarks in India 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. 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 May 4, 2014, February 2, 2014 and May 5, 2013 is $113.0 million, $71.3 million and $63.3 million, respectively, related to these investments in unconsolidated affiliates. |
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The entire disclosure for equity method investments and joint ventures. Equity method investments are investments that give the investor the ability to exercise significant influence over the operating and financial policies of an investee. Joint ventures are entities owned and operated by a small group of businesses as a separate and specific business or project for the mutual benefit of the members of the group. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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REDEEMABLE NON-CONTROLLING INTEREST
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May 04, 2014
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| Redeemable Non-Controlling Interest Disclosure [Abstract] | |
| REDEEMABLE NON-CONTROLLING INTEREST | REDEEMABLE NON-CONTROLLING INTEREST As a result of the acquisition of Warnaco, the Company acquired a 51% interest in a joint venture, CK India, that was consolidated in the Company’s financial statements during 2013. The fair value of the non-controlling interest as of the date of the Warnaco acquisition was $5.6 million. During 2013, subsequent changes in the fair value of the redeemable non-controlling interest were recognized immediately as they occurred and the carrying amount of the redeemable non-controlling interest was adjusted to equal the fair value at the end of each reporting period, provided that this amount at the end of each reporting period was not lower than the initial fair value. Any fair value adjustment to the carrying amount of the redeemable non-controlling interest was recognized immediately in retained earnings of the Company. No fair value adjustments to the carrying amount recorded as of the acquisition date were made during the thirteen weeks ended May 5, 2013, but the carrying amount was adjusted for net income and other comprehensive income during the thirteen weeks ended May 5, 2013. As of May 5, 2013, the carrying value of the redeemable non-controlling interest was $5.7 million. During the first quarter of 2014, Arvind Limited purchased the Company’s prior joint venture partners’ shares in CK India and, as a result of the entry into a shareholder agreement with different governing arrangements between the Company and the new shareholder as compared to the arrangements with the prior minority shareholders, the Company no longer holds a controlling interest in the joint venture. CK India was deconsolidated, as a result, and the Company began reporting its 51% interest as an equity method investment in the first quarter of 2014. The Company recognized a net gain of $5.9 million in connection with the deconsolidation of CK India during the thirteen weeks ended May 4, 2014, which was recorded in selling, general and administrative expenses. The gain was measured as the difference between the fair value of the Company’s 51% interest as determined by a third-party valuation firm and the carrying value. |
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The entire disclosure for noncontrolling interest in consolidated subsidiaries, which could include the name of the subsidiary, the ownership percentage held by the parent, the ownership percentage held by the noncontrolling owners, the amount of the noncontrolling interest, the location of this amount on the balance sheet (when not reported separately), an explanation of the increase or decrease in the amount of the noncontrolling interest, the noncontrolling interest share of the net Income or Loss of the subsidiary, the location of this amount on the income statement (when not reported separately), the nature of the noncontrolling interest such as background information and terms, the amount of the noncontrolling interest represented by preferred stock, a description of the preferred stock, and the dividend requirements of the preferred stock. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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GOODWILL
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May 04, 2014
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| Notes to Financial Statements [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| GOODWILL | GOODWILL The changes in the carrying amount of goodwill for the thirteen weeks ended May 4, 2014, 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 acquisition agreement (as amended), 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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The entire disclosure for goodwill. No definition available.
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RETIREMENT AND BENEFIT PLANS
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May 04, 2014
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| RETIREMENT AND BENEFIT PLANS | RETIREMENT AND BENEFIT PLANS The Company has five noncontributory defined benefit pension plans as of May 4, 2014 covering substantially all employees resident in the United States who meet certain age and service requirements. As part of the Warnaco acquisition, the Company acquired a frozen noncontributory defined benefit pension plan. Such plan was merged with an existing plan of the Company’s during 2013. 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 refers to these five plans as its “Pension Plans.” 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. In addition, the Company has a capital accumulation plan, which is an unfunded non-qualified supplemental defined benefit plan, covering two current and 15 retired executives as of May 4, 2014. 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. The Company also has for certain employees resident in the United States who meet certain age and service requirements 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 three 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 the Company contribution, which partially subsidized benefits, for active participants who, as of January 1, 2003, had not attained age 55 and 10 years of service. As a result of the Company’s acquisition of Warnaco, the Company also provides certain postretirement health care and life insurance benefits to certain Warnaco retirees resident in the United States. Retirees contribute to the cost of this plan, which is unfunded. This plan was frozen on January 1, 2014. The Company refers to these two plans as its “Postretirement Plans.” Net benefit cost was recognized in selling, general and administrative expenses as follows:
Currently, the Company expects to make a contribution of approximately $2.5 million to its Pension Plans in 2014. The Company’s actual contributions may differ from planned contributions due to many factors including changes in tax and other benefit laws, or significant differences between expected and actual pension asset performance or interest rates. |
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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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May 04, 2014
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| DEBT | DEBT Short-Term Borrowings One of the Company’s Asian subsidiaries has a Yen-denominated overdraft facility with a Japanese bank, which provides for borrowings of up to ¥1,000.0 million (approximately $9.8 million based on exchange rates in effect on May 4, 2014) and is utilized to fund working capital needs. Borrowings under this facility are unsecured and bear interest at the one-month Japanese interbank borrowing rate plus 0.30%. Such facility renews automatically unless the Company gives notice of termination. As of May 4, 2014, the Company had $9.8 million of borrowings outstanding under this facility. The weighted average interest rate on the funds borrowed at May 4, 2014 was 0.46%. The maximum amount of borrowings outstanding during the thirteen weeks ended May 4, 2014 was $9.8 million. One of the Company’s European subsidiaries has short-term revolving notes with a number of banks at various interest rates, as well as a Euro-denominated overdraft facility, which are used to fund working capital needs. There were no borrowings outstanding under these facilities as of or during the thirteen weeks ended May 4, 2014. One of the Company’s Asian subsidiaries has a short-term $10.0 million revolving credit facility to be used to fund working capital needs. Borrowings under this facility bear interest at 1.75% plus the one-month London interbank borrowing rate (“LIBOR”). At the end of each month, amounts outstanding under this facility may be carried forward for additional one-month periods for up to one year. This facility is subject to certain terms and conditions and may be terminated at any time at the discretion of the lender. There were no borrowings outstanding under this facility as of or during the thirteen weeks ended May 4, 2014. One of the Company’s Asian subsidiaries has a Won-denominated short-term revolving credit facility with one lender that provides for borrowings of up to ₩3,000.0 million (approximately $2.9 million based on exchange rates in effect on May 4, 2014) and is utilized to fund working capital needs. Borrowings under this facility bear interest at the three-month Cost of Funds Index rate plus a specified margin. There were no borrowings outstanding under this facility as of or during the thirteen weeks ended May 4, 2014. One of the Company’s Latin American subsidiaries has Real-denominated short-term revolving credit facilities with a number of banks that provide for total available borrowings of R$69.0 million (approximately $31.0 million based on exchange rates in effect on May 4, 2014) and are utilized to fund working capital needs. Borrowings under these facilities bear interest at various interest rates. There were no borrowings outstanding under these facilities as of or during the thirteen weeks ended May 4, 2014. In addition, the Company has certain other facilities, under which there were no borrowings outstanding as of or during the thirteen weeks ended May 4, 2014. Long-Term Debt The carrying amounts of the Company’s long-term debt were as follows:
As of May 4, 2014, the Company’s mandatory long-term debt repayments for the next five years were as follows:
As of May 4, 2014, after taking into account the effect of the interest rate swap agreements discussed in the section entitled “2014 Senior Secured Credit Facilities” below, which were in effect as of such date, approximately 55% of the Company’s long-term debt was at a fixed rate, with the remainder at variable rates. 2013 Senior Secured Credit Facilities On February 13, 2013, simultaneously with and related to the closing of the Warnaco acquisition, the Company entered into senior secured credit facilities (the “2013 facilities”), the proceeds of which were used to fund a portion of the acquisition, repay all outstanding borrowings under prior facilities that were amended and restated during 2011 (the “2011 facilities”) and repay all of Warnaco’s previously outstanding long-term debt. The 2013 facilities consisted of a $1,700.0 million United States dollar-denominated Term Loan A facility (recorded net of an original issue discount of $7.3 million as of the acquisition date), a $1,375.0 million United States dollar-denominated Term Loan B facility (recorded net of an original issue discount of $6.9 million as of the acquisition date) and senior secured revolving credit facilities in an aggregate principal amount of $750.0 million (based on the applicable exchange rates on February 13, 2013), consisting of (a) a $475.0 million United States dollar-denominated revolving credit facility, (b) a $25.0 million United States dollar-denominated revolving credit facility available in United States dollars or Canadian dollars and (c) a €185.9 million Euro-denominated revolving credit facility available in Euro, Pounds Sterling, Japanese Yen and Swiss Francs. In connection with entering into the 2013 facilities and repaying all outstanding borrowings under the 2011 facilities and all of Warnaco’s previously outstanding long-term debt, the Company paid debt issuance costs of $67.4 million (of which $34.6 million was expensed as debt modification and extinguishment costs and $32.8 million is being amortized over the term of the related debt agreement) and recorded additional debt modification and extinguishment costs of $5.8 million to write-off previously capitalized debt issuance costs. On March 21, 2014, the Company amended and restated the 2013 facilities, as discussed in the section entitled “2014 Senior Secured Credit Facilities” below. 2014 Senior Secured Credit Facilities On March 21, 2014 (the “Restatement Date”), the Company entered into an amendment (the “Amendment”) to the 2013 facilities (as amended by the Amendment, the “2014 facilities”). The Amendment provided for an additional $350.0 million principal amount of loans under the Term Loan A facility and an additional $250.0 million principal amount of loans under the Term Loan B facility and extended the maturity of the Term Loan A and the revolving credit facilities from February 13, 2018 to February 13, 2019. The maturity of the Term Loan B facility remains February 13, 2020. On the Restatement Date, the Company borrowed the additional principal amounts described above and used the proceeds to redeem all of its outstanding 7 3/8% senior notes, as discussed in the section entitled “7 3/8% Senior Notes Due 2020” below. In connection with entering into the Amendment, the Company paid debt issuance costs of $13.3 million (of which $8.0 million was expensed as debt modification and extinguishment costs and $5.3 million is being amortized over the term of the related debt agreement) and recorded additional debt modification and extinguishment costs of $3.2 million to write-off previously capitalized debt issuance costs. The 2014 facilities consist of a $1,986.3 million United States dollar-denominated Term Loan A facility (recorded net of an original issue discount of $7.8 million), a $1,188.6 million United States dollar-denominated Term Loan B facility (recorded net of an original issue discount of $5.7 million) and senior secured revolving credit facilities consisting of (a) a $475.0 million United States dollar-denominated revolving credit facility, (b) a $25.0 million United States dollar-denominated revolving credit facility available in United States dollars or Canadian dollars and (c) a €185.9 million Euro-denominated revolving credit facility available in Euro, Pounds Sterling, Japanese Yen and Swiss Francs. The Company has fully drawn the term loans under the 2014 facilities. The revolving credit facilities also include amounts available for letters of credit. As of May 4, 2014, the Company had drawn $135.0 million of revolving credit borrowings and approximately $56.9 million of letters of credit. A portion of each of the United States dollar-denominated revolving credit facilities is also available for the making of swingline loans. The issuance of such letters of credit and the making of any swingline loan reduces the amount available under the applicable revolving credit facility. So long as certain conditions are satisfied, the Company may add one or more term loan facilities or increase the commitments under the revolving credit facilities by an aggregate amount not to exceed the sum of (1) the sum of (x) $1,350.0 million plus (y) the aggregate amount of all voluntary prepayments of term loans under the facilities and the revolving credit facilities (to the extent, in the case of voluntary prepayments of loans under the revolving credit facilities, there is an equivalent permanent reduction of the revolving commitments) plus (z) an amount equal to the aggregate revolving commitments of any defaulting lender (to the extent the commitments with respect thereto have been terminated) and (2) an additional unlimited amount as long as the ratio of the Company’s senior secured net debt to consolidated adjusted earnings before interest, taxes, depreciation and amortization (in each case calculated as set forth in the documentation relating to the 2014 facilities) would not exceed 3 to 1 after giving pro forma effect to the incurrence of such increase. The lenders under the 2014 facilities are not required to provide commitments with respect to such additional facilities or increased commitments. Obligations of the Company under the 2014 facilities are guaranteed by substantially all of the Company’s existing and future direct and indirect United States subsidiaries, with certain exceptions. Obligations of the European Borrower under the 2014 facilities are guaranteed by the Company, substantially all of its existing and future direct and indirect United States subsidiaries (with certain exceptions) and Tommy Hilfiger Europe B.V., a wholly owned subsidiary of the Company. The Company and its domestic subsidiary guarantors have pledged certain of their assets as security for the obligations under the 2014 facilities. The outstanding borrowings under the 2014 facilities are prepayable at any time without penalty (other than customary breakage costs and, solely with respect to the Term Loan B facility, any prepayment in connection with a Repricing Event (as defined in the 2014 facilities) that is consummated on or prior to the six-month anniversary of the Restatement Date). The terms of the 2014 facilities 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 or committed to be 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 net leverage ratio during the relevant fiscal period. The United States dollar-denominated borrowings under the 2014 facilities bear interest at a rate equal to an applicable margin plus, as determined at the Company’s option, either (a) a base rate determined by reference to the greater of (i) the prime rate, (ii) the United States federal funds rate plus 1/2 of 1.00% and (iii) a one-month adjusted Eurocurrency rate plus 1.00% (provided, that, with respect to the Term Loan B facility, in no event will the base rate be deemed to be less than 1.75%) or (b) an adjusted Eurocurrency rate, calculated in a manner set forth in the 2014 facilities (provided, that, with respect to the Term Loan B facility, in no event will the adjusted Eurocurrency rate be deemed to be less than 0.75%). Canadian dollar-denominated borrowings under the 2014 facilities 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 rate of interest per annum that 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 display referred to as “CDOR Page” of Reuters Monitor Money Rate Services 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) 0.75%, or (b) an adjusted Eurocurrency rate, calculated in a manner set forth in the 2014 facilities. The borrowings under the 2014 facilities 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 2014 facilities. The current applicable margin with respect to the Term Loan A facility and each revolving credit facility is 1.75% for adjusted Eurocurrency rate loans and 0.75% for base rate loans, respectively. The current applicable margin with respect to the Term Loan B facility is 2.50% for adjusted Eurocurrency rate loans and 1.50% for base rate loans, respectively. After the date of delivery of the compliance certificate and financial statements with respect to the Company’s fiscal quarter ending May 4, 2014, the applicable margin for borrowings under the Term Loan A facility, the Term Loan B facility and the revolving credit facilities is subject to adjustment based upon the Company’s net leverage ratio. The 2014 facilities contain customary events of default, including but not limited to nonpayment; material inaccuracy of representations and warranties; violations of covenants; certain bankruptcies and liquidations; cross-default to material indebtedness; certain material judgments; certain events related to the Employee Retirement Income Security Act of 1974, as amended; certain events related to certain of the guarantees by the Company and certain of its subsidiaries, and certain pledges of its assets and those of certain of its subsidiaries, as security for the obligations under the 2014 facilities; and a change in control (as defined in the 2014 facilities). During the second quarter of 2013, the Company entered into an interest rate swap agreement for a three-year term commencing on August 19, 2013. The agreement was designed with the intended effect of converting an initial notional amount of $1,228.8 million of the Company’s variable rate debt obligation under its previously outstanding United States dollar-denominated senior secured Term Loan A facility under the 2013 facilities, or any replacement facility with similar terms, to fixed rate debt. Such agreement remains outstanding with a notional amount of $1,164.8 million as of May 4, 2014, and is now converting a portion of the Company’s variable rate debt obligation under its new Term Loan A facility in the 2014 facilities to fixed rate debt. Under the terms of the agreement for the then-outstanding notional amount, the Company’s exposure to fluctuations in the one-month LIBOR is eliminated, and it will pay a fixed rate of 0.604%, plus the current applicable margin. The Company entered into an interest rate swap agreement for a three-year term commencing on June 6, 2011. The agreement was designed with the intended effect of converting an initial notional amount of $632.0 million of the Company’s variable rate debt obligation under its previously outstanding United States dollar-denominated senior secured term loan A facility under the 2011 facilities, or any replacement facility with similar terms, to fixed rate debt. Such agreement remains outstanding, with a notional amount of $237.8 million as of May 4, 2014 and is now converting a portion of the Company’s variable rate debt obligation under its new Term Loan A facility in the 2014 facilities to fixed rate debt. Under the terms of the agreement for the then-outstanding notional amount, the Company’s exposure to fluctuations in the three-month LIBOR is eliminated, and it will pay a fixed rate of 1.197%, plus the current applicable margin. The outstanding notional amount of each interest rate swap will be adjusted according to pre-set schedules during the term of each swap agreement such that, based on the Company’s projections for future debt repayments, the Company’s outstanding debt under the Term Loan A facility is expected to always equal or exceed the then-outstanding combined notional amount of the interest rate swaps. The 2014 facilities also contain covenants that restrict the Company’s ability to finance future operations or capital needs, to take advantage of other business opportunities that may be in its interest or to satisfy its obligations under its other outstanding debt. These covenants restrict the Company’s ability to, among other things:
The 2014 facilities require the Company to comply with certain financial covenants, including minimum interest coverage and maximum net leverage. A breach of any of these operating or financial covenants would result in a default under the applicable facility. If an event of default occurs and is continuing, the lenders could elect to declare all amounts then outstanding, together with accrued interest, to be immediately due and payable which would result in acceleration of the Company’s other debt. If the Company was unable to repay any such borrowings when due, the lenders could proceed against their collateral, which also secures some of the Company’s other indebtedness. 4 1/2% Senior Notes Due 2022 On December 20, 2012, the Company issued $700.0 million principal amount of 4 1/2% senior notes due December 15, 2022 in connection with the Warnaco acquisition. The Company paid $16.3 million of fees in the first quarter of 2013 in connection with the issuance of these notes, which will be amortized over the term of the notes. Subject to certain conditions, the Company may redeem up to 35% of these notes prior to December 15, 2015 with the net cash proceeds of certain equity offerings without having to pay a penalty or “make whole” premium. The Company may redeem some or all of these notes at any time prior to December 15, 2017 by paying a “make whole” premium plus any accrued and unpaid interest. In addition, the Company may redeem some or all of these notes on or after December 15, 2017 at specified redemption prices plus any accrued and unpaid interest. 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 $100.0 million 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%. 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. 7 3/8% Senior Notes Due 2020 On May 6, 2010, the Company issued $600.0 million principal amount of 7 3/8% senior notes due May 15, 2020. On March 24, 2014, in connection with the amendment and restatement of the Company’s term loans as discussed above in the section entitled “2014 Senior Secured Credit Facilities,” the Company redeemed all of its outstanding 7 3/8% senior notes and, pursuant to the indenture under which the notes were issued, paid a “make whole” premium of $67.6 million to the holders of the notes. The Company also recorded costs of $14.3 million to write-off previously capitalized debt issuance costs associated with these notes. |
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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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May 04, 2014
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| Notes to Financial Statements [Abstract] | |
| INCOME TAXES | INCOME TAXES The effective income tax rates for the thirteen weeks ended May 4, 2014 and May 5, 2013 were 19.7% and 62.7%, respectively. The effective income tax rate for the thirteen weeks ended May 4, 2014 was lower than the United States statutory rate due to the impact of the benefit of lower tax rates in international jurisdictions where the Company files tax returns. The effective income tax rate for the thirteen weeks ended May 5, 2013 was higher than the United States statutory rate. Overall lower tax rates in international jurisdictions where the Company files tax returns were more than offset by certain discrete tax benefits recorded during the quarter. Since the Company had a pre-tax loss, discrete tax benefits caused the effective tax rate to increase, whereas such benefits will lower the tax rate in periods with pre-tax income. On May 14, 2014, the Company settled an uncertain tax position related to European and United States transfer pricing arrangements. The settlement will result in taxes of approximately $179.0 million. As of the end of the first quarter of 2014, the Company had recorded approximately $185.0 million for this uncertain tax position. Accordingly, in the second quarter of 2014, the Company will recognize a tax benefit of approximately $6.0 million, as well as record a reduction of approximately $185.0 million in its liability for uncertain tax positions. |
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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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May 04, 2014
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| 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. In addition, the Company has exposure to changes in foreign currency exchange rates on certain intercompany loans. To help manage these exposures, 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 interest rate swap agreements to hedge against this exposure. Please see Note 8, “Debt,” for a further discussion of the Company’s senior secured term loan facilities and these agreements. The Company records the foreign currency forward exchange contracts and interest rate contracts at fair value in its Consolidated Balance Sheets, and does not net the related assets and liabilities. Changes in fair value of the foreign currency forward exchange contracts associated with certain international inventory purchases and the interest rate contracts (collectively referred to as “cash flow hedges”) that are designated as effective hedging instruments are recorded in equity as a component of accumulated other comprehensive income (loss) (“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, the Company records immediately in earnings changes in the fair value of hedges that are not designated as effective hedging instruments (“undesignated contracts”), including all of the foreign currency forward exchange contracts related to intercompany loans that are not of a long-term investment nature. Any gains and losses that are immediately recognized in earnings on such contracts related to intercompany loans are largely offset by the remeasurement of the underlying intercompany loan balances. 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 May 4, 2014, the notional amount outstanding of foreign currency forward exchange contracts for inventory purchases and intercompany loans was $624.6 million and $85.3 million, respectively. Such contracts expire principally between May 2014 and April 2015 for inventory purchases and between May 2014 and December 2014 for intercompany loans. The following table summarizes the effect of the Company’s hedges designated as cash flow hedging instruments:
There was no ineffective portion of hedges designated as cash flow hedging instruments during the thirteen weeks ended May 4, 2014 and May 5, 2013. A net loss in AOCI on foreign currency forward exchange contracts at May 4, 2014 of $13.9 million 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 May 4, 2014 of $5.3 million 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 undesignated contracts:
The Company had no derivative financial instruments with credit risk related contingent features underlying the related contracts as of May 4, 2014. |
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The entire disclosure for derivative instruments and hedging activities including, but not limited to, risk management strategies, non-hedging derivative instruments, assets, liabilities, revenue and expenses, and methodologies and assumptions used in determining the amounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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FAIR VALUE MEASUREMENTS
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May 04, 2014
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| Notes to Financial Statements [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| FAIR VALUE MEASUREMENTS | FAIR VALUE MEASUREMENTS 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 the 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 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. Pursuant to the agreement governing the reacquisition of the rights in India to the Tommy Hilfiger trademarks, the Company is required to make annual contingent purchase price payments into 2016 (or, under certain circumstances, into 2017) based on a percentage of annual sales in excess of an agreed upon threshold of Tommy Hilfiger products in India. Such payments are subject to a $25.0 million aggregate maximum and are due within 60 days following each one-year period. The Company made annual contingent purchase price payments of $0.4 million and $0.1 million during 2013 and 2012, respectively. 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 liability was determined using the discounted cash flow method, based on net sales projections for the Tommy Hilfiger apparel and accessories businesses in India, and was 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 and the payments made to reduce the liability, 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 during the thirteen weeks ended May 4, 2014 and May 5, 2013:
Additional information with respect to assumptions used to value the contingent purchase price payment liability as of May 4, 2014 is as follows:
A five percentage point increase or decrease in the discount rate would change the liability by approximately $0.5 million. A five percentage point increase or decrease in the compounded annual net sales growth rate would change the liability by approximately $0.5 million. 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 weeks ended May 4, 2014 or May 5, 2013. The carrying amounts and the fair values of the Company’s cash and cash equivalents, short-term borrowings and long-term debt as of May 4, 2014, February 2, 2014 and May 5, 2013 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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May 04, 2014
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| Disclosure of Compensation Related Costs, Share-based Payments [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 2003 Stock Option Plan (the “2003 Plan”) and certain other prior stock option plans. The 2003 Plan and these other plans terminated upon the 2006 Plan’s initial stockholder approval in June 2006, other than with respect to outstanding options, which continued to be governed by the applicable prior plan. Only awards under the 2003 Plan continue to be outstanding insofar as these prior plans are concerned. 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 May 4, 2014, the Company has granted under the 2006 Plan: (i) service-based NQs, RSUs and restricted stock; (ii) contingently issuable performance share units; 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, with the exception of the Warnaco employee replacement awards discussed below, each share underlying a stock option award reduces the number available by one share, each share underlying a restricted stock award reduces the number available by two shares and each share underlying an RSU or performance share unit 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. Each share underlying a Warnaco employee replacement stock option, restricted stock, RSU or performance share unit award reduces the number available by one share. 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 the 2003 Plan. 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. Under the terms of the merger agreement in connection with the Warnaco acquisition, each outstanding award of Warnaco stock options, restricted stock and restricted stock units was assumed by the Company in 2013 and converted into an award of the same type, and subject to the same terms and conditions, but payable in shares of Company common stock. The replacement stock options are generally exercisable in three equal annual installments commencing one year after the date of original grant and the replacement RSUs and restricted stock awards generally vest three years after the date of original grant, principally on a cliff basis. The Company accounted for the replacement awards as a modification of the existing awards. As such, a new fair value was assigned to the awards, a portion of which is included as part of the merger consideration. The merger consideration of $39.8 million was determined by multiplying the estimated fair value of the Warnaco awards outstanding at the effective time of the Warnaco acquisition, net of the estimated value of awards to be forfeited, by the proportionate amount of the vesting period that had lapsed as of the acquisition date. The remaining fair value, net of estimated forfeitures, is being expensed on a straight-line basis over the awards’ remaining vesting periods. Net income (loss) for the thirteen weeks ended May 4, 2014 and May 5, 2013 included $11.7 million and $18.9 million, respectively, of pre-tax expense related to stock-based compensation. Stock options currently outstanding, with the exception of the Warnaco employee replacement awards discussed above, are generally cumulatively exercisable in four equal annual installments commencing one year after the date of grant. The vesting of such options outstanding is also generally accelerated upon retirement (as defined in the applicable plan). Such 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 May 4, 2014 and May 5, 2013 (with the exception of the Warnaco employee replacement stock options):
The risk-free interest rate is based on United States Treasury yields in effect at the date of grant for periods corresponding to the expected option term. The expected option term represents the weighted average period of time that options granted are expected to be outstanding, based on vesting schedules and the contractual term of the options. Company volatility is based on the historical volatility of the Company’s common stock over a period of time corresponding to the expected option term. Expected dividends are based on the Company’s common stock cash dividend rate at the date of grant. 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, mainly due to acquisitions. The Company will continue to evaluate the appropriateness of utilizing such method. The following summarizes the assumptions used to estimate the fair value of the Warnaco employee stock options that were replaced on February 13, 2013:
Service-based stock option activity for the thirteen weeks ended May 4, 2014 was as follows:
RSUs granted to employees, with the exception of the Warnaco employee replacement awards, 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, with the exception of the Warnaco employee replacement awards, 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 May 4, 2014 was as follows:
The Company’s restricted stock awards consist solely of awards to Warnaco employees that were replaced with the Company’s restricted stock as of the effective time of the acquisition. The fair value of restricted stock with respect to awards for which the vesting period had not lapsed as of the acquisition date was equal to the closing price of the Company’s common stock on February 12, 2013 and is expensed, net of forfeitures, on a straight-line basis over the vesting period. Restricted stock activity for the thirteen weeks ended May 4, 2014 was as follows:
The Company granted contingently issuable performance share units to certain of the Company’s senior executives during the first quarter of each of 2012, 2013 and 2014 subject to a performance period of two years and a service period of one year beyond the performance period. The Company granted contingently issuable performance share units to certain of the Company’s executives during the second quarter of 2013 subject to a performance period of three years. For the awards granted in the second quarter of 2013, the final number of shares that will be earned, if any, is contingent upon the Company’s achievement of goals for the performance period, of which 50 percent is based upon the Company’s absolute stock price growth during the performance period and 50 percent is based upon the Company’s total shareholder return during the performance period relative to other companies included in the S&P 500 as of the date of grant. For the awards granted in the first quarter of each 2013 and 2014, the final number of shares that will be earned, if any, is contingent upon the Company’s achievement of goals for the performance periods based on earnings per share growth during the applicable performance cycle. For the awards granted in the first quarter of 2012, the two year performance period has ended and the final number of shares, as determined based on both earnings per share growth and return on equity during the performance period, will vest following the additional one year service period. For the contingently issuable performance share units granted during the first quarter of each 2012, 2013 and 2014, the Company records expense 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 these contingently issuable performance share units 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 share units do not accrue dividends prior to the completion of the performance cycle. For the contingently issuable performance share units granted during the second quarter of 2013, because the awards are subject to market conditions, the Company records expense ratably over the vesting period, net of estimated forfeitures, regardless of whether the market condition is satisfied. Performance share activity for the thirteen weeks ended May 4, 2014 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 May 4, 2014 and May 5, 2013 were $8.3 million and $39.8 million, respectively. Of those amounts, $3.1 million and $14.8 million, 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. The Company recognizes these excess tax benefits in additional paid in capital only if an incremental tax benefit would be realized after considering all other tax benefits presently available to the Company. |
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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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ACCUMULATED OTHER COMPREHENSIVE INCOME
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May 04, 2014
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| Accumulated Other Comprehensive Income [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Accumulated Other Comprehensive Income [Text Block] | ACCUMULATED OTHER COMPREHENSIVE INCOME The following table presents the changes in AOCI, net of related taxes, by component for the thirteen weeks ended May 4, 2014:
The following table presents reclassifications out of AOCI to earnings for the thirteen weeks ended May 4, 2014 and May 5, 2013:
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The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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STOCKHOLDERS' EQUITY
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May 04, 2014
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| Equity [Abstract] | |
| STOCKHOLDERS' EQUITY | STOCKHOLDERS’ EQUITY Common Stock Issuance On February 13, 2013, the Company issued 7.7 million shares of its common stock, par value $1.00 per share, as part of the consideration paid to the former stockholders of Warnaco in connection with the acquisition. |
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The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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ACTIVITY EXIT COSTS
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May 04, 2014
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| ACTIVITY EXIT COSTS | ACTIVITY EXIT COSTS Warnaco Integration Costs In connection with the Company’s acquisition of Warnaco during the first quarter of 2013 and the related integration, the Company incurred certain costs related to severance and termination benefits, inventory liquidations and lease/contract terminations. Such costs were as follows:
Of the charges for severance, termination benefits and lease/contract termination and other costs incurred during the thirteen weeks ended May 4, 2014, $2.9 million relate to selling, general and administrative expenses of the Calvin Klein North America segment, $6.5 million relate to selling, general and administrative expenses of the Calvin Klein International segment, $3.6 million relate to selling, general and administrative expenses of the Heritage Brands Wholesale segment and $0.8 million relate to corporate expenses not allocated to any reportable segment. Inventory liquidation costs incurred during the thirteen weeks ended May 4, 2014 were included in gross margin of the Company’s Calvin Klein North America segment (see Note 18, “Segment Data”). The liabilities at May 4, 2014 related to these costs were principally recorded in accrued expenses in the Company’s Consolidated Balance Sheets and were as follows:
The remaining charges for severance and termination benefits and lease/contract termination and other costs expected to be incurred relate principally to the aforementioned segments and corporate expenses not allocated to any reportable segment. Please see Note 18, “Segment Data.” |
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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 (LOSS) PER COMMON SHARE
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May 04, 2014
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| NET INCOME (LOSS) PER COMMON SHARE | NET INCOME (LOSS) PER COMMON SHARE The Company computed its basic and diluted net income (loss) per common share as follows:
Potentially dilutive securities excluded from the calculation of diluted net income (loss) 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 May 4, 2014 and May 5, 2013 and, therefore, were excluded from the calculation of diluted net income (loss) per common share for the thirteen weeks ended May 4, 2014 and May 5, 2013. The maximum number of potentially dilutive shares that could be issued upon vesting for such awards was 0.8 million and 0.2 million as of May 4, 2014 and May 5, 2013, respectively. These amounts were also excluded from the computation of weighted average potentially dilutive securities in the table above. |
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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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3 Months Ended |
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May 04, 2014
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| Notes to Financial Statements [Abstract] | |
| NONCASH INVESTING AND FINANCING TRANSACTIONS | NONCASH INVESTING AND FINANCING TRANSACTIONS During the thirteen weeks ended May 4, 2014 and May 5, 2013, the Company recorded increases to goodwill of $11.2 million and $12.8 million, 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 May 4, 2014 and May 5, 2013, the Company paid $11.6 million and $14.2 million, 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 first quarter of 2014, the Company recorded a loss of $17.5 million to write-off previously capitalized debt issuance costs in connection with the amendment and restatement of the 2013 Facilities and redemption of its 7 3/8% senior notes due 2020. During the first quarter of 2013, the Company recorded a loss of $5.8 million to write-off previously capitalized debt issuance costs in connection with the modification and extinguishment of the 2011 Facilities. During the first quarter of 2013, the Company issued 7.7 million shares of its common stock, par value $1.00 per share (of which 416 thousand shares were issued from treasury stock) as part of the consideration paid to the former stockholders of Warnaco in connection with the acquisition, which resulted in an increase in common stock of $7.3 million, an increase in additional paid in capital of $888.9 million and a decrease in treasury stock of $30.3 million. In addition, the Company issued awards valued at $39.8 million to replace outstanding stock awards made by Warnaco to its employees, which for accounting purposes are included in the total acquisition consideration. Also included in the acquisition consideration was the elimination of a $9.2 million pre-acquisition liability to Warnaco. Omitted from purchases of property, plant and equipment in the Consolidated Statement of Cash Flows for the thirteen weeks ended May 4, 2014 and May 5, 2013 are $1.8 million and $2.6 million, respectively, of assets acquired through capital leases. Omitted from investments in unconsolidated affiliates in the Consolidated Statement of Cash Flows for the thirteen weeks ended May 4, 2014 are noncash increases in the investment balances related to the Company’s Calvin Klein Australia joint venture and Calvin Klein India joint venture of $3.7 million and $6.2 million, respectively, resulting from the deconsolidation of these entities. Please see Note 4, “Investments in Unconsolidated Affiliates” and Note 5, “Redeemable Non-Controlling Interest,” for a further discussion. |
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This text block relates to noncash investing and/orfinancing activities that occurred during the accounting period. Noncash is defined as transactions during a period that do not result in cash receipts or cash payments in the period. No definition available.
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SEGMENT DATA
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May 04, 2014
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| Notes to Financial Statements [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| SEGMENT DATA | SEGMENT DATA The Company manages its operations through its operating divisions, which are presented as six reportable segments: (i) Calvin Klein North America; (ii) Calvin Klein International; (iii) Tommy Hilfiger North America; (iv) Tommy Hilfiger International; (v) Heritage Brands Wholesale; and (vi) Heritage Brands Retail. Calvin Klein North America Segment - This segment consists of the Company’s Calvin Klein North America division. This segment derives revenue principally from (i) marketing Calvin Klein branded apparel and related products at wholesale in North America, primarily to department and specialty stores; (ii) operating retail stores, which are primarily located in premium outlet centers in North America, and an e-commerce website for customers in the United States, which sell Calvin Klein branded apparel, accessories and related products; and (iii) licensing and similar arrangements relating to the use by third parties of the brand names Calvin Klein Collection, Calvin Klein on a platinum label and Calvin Klein on a white label for a broad array of products and retail services in North America. Calvin Klein International Segment - This segment consists of the Company’s Calvin Klein International division. This segment derives revenue principally from (i) marketing Calvin Klein branded apparel and related products at wholesale principally in Europe, Asia and Brazil, primarily to department and specialty stores, franchisees of Calvin Klein, and through distributors; (ii) operating retail stores in Europe, Asia and Brazil, which sell Calvin Klein branded apparel, accessories and related products; and (iii) licensing and similar arrangements relating to the use by third parties of the brand names Calvin Klein Collection, Calvin Klein on a platinum label and Calvin Klein on a white label for a broad array of products and retail services outside of North America. This segment also includes the Company’s proportionate share of the net income or loss of its investments in unconsolidated Calvin Klein foreign affiliates in Australia and India. Tommy Hilfiger North America Segment - This segment consists of the Company’s Tommy Hilfiger North America division. This segment derives revenue principally from (i) marketing Tommy Hilfiger branded apparel and related products at wholesale in North America, primarily to department stores, principally Macy’s; and (ii) operating retail stores, which are primarily located in premium outlet centers, and an e-commerce website for North American customers, which sell Tommy Hilfiger branded apparel, accessories and related products. This segment also derives revenue from licensing and similar arrangements relating to the use by third parties of the Tommy Hilfiger brand name for a broad array of products in North America. Tommy Hilfiger International Segment - This segment consists of the Company’s Tommy Hilfiger International division. 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, franchisees of Tommy Hilfiger, 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. This segment also includes the Company’s proportionate share of the net income or loss of its investments in unconsolidated Tommy Hilfiger foreign affiliates in Brazil, China and India. This segment also derives revenue from licensing and similar arrangements relating to the use by third parties of the Tommy Hilfiger brand name for a broad array of products outside of North America. Heritage Brands Wholesale Segment - This segment consists of the Company’s Heritage Brands wholesale division. This segment derives revenue primarily from the marketing to department, chain and specialty stores in North America of (i) dress shirts, neckwear and underwear under various owned and licensed brand names, including several private label brands; (ii) men’s sportswear under the brand names Van Heusen, IZOD and ARROW; (iii) swimwear, fitness apparel, swim accessories and related products under the brand name Speedo; and (iv) women’s intimate apparel under the brand names Warner’s and Olga. Heritage Brands Retail Segment - This segment consists of the Company’s Heritage Brands retail division. This segment derives revenue principally from operating retail stores, primarily in outlet centers in North America, which sell apparel, accessories and related products under the brand names Van Heusen and IZOD. This segment also derived revenue through the third quarter of 2013 under the brand names Bass and G.H. Bass & Co., principally from operating outlet stores. The following tables present summarized information by segment:
Intersegment transactions consist of transfers of inventory principally from the Heritage Brands Wholesale segment to the Heritage Brands Retail segment and the Calvin Klein North America segment. These transfers are recorded at cost plus a standard markup percentage. Such markup percentage on ending inventory is eliminated principally in the Heritage Brands Retail segment and the Calvin Klein North America 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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3 Months Ended |
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May 04, 2014
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| Guarantees [Abstract] | |
| GUARANTEES | GUARANTEES 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 May 4, 2014 is approximately $4.1 million, which is subject to exchange rate fluctuation. The Company has the right to seek recourse of approximately $2.5 million as of May 4, 2014, which is subject to exchange rate fluctuation. The guarantee expires on May 19, 2016. The estimated fair value of this guarantee obligation was immaterial as of May 4, 2014. In connection with the sale of substantially all of the assets of Company’s Bass business in the fourth quarter of 2013, the Company guaranteed lease payments for substantially all Bass retail stores included in the sale pursuant to the terms of noncancelable leases expiring on various dates through 2022. These guarantees include minimum rent payments and relate to leases that commenced prior to the sale of the Bass assets. In certain instances, the Company’s guarantee may remain in effect if an option is exercised to extend the term of the lease. The maximum amount guaranteed as of May 4, 2014 is $72.8 million and the Company has the right to seek recourse from the buyer of the Bass assets for the full amount. The estimated fair value of these guarantee obligations as of May 4, 2014 is $3.8 million, which is included in accrued expenses and other liabilities in the Company’s Consolidated Balance Sheet. The Company has certain other guarantees whereby it guaranteed the payment of amounts on behalf of certain other parties, none of which are material individually or in the aggregate. |
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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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3 Months Ended |
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May 04, 2014
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| Notes to Financial Statements [Abstract] | |
| RECENT ACCOUNTING GUIDANCE | RECENT ACCOUNTING GUIDANCE The FASB issued in March 2013 guidance that requires an entity to release any related cumulative translation adjustment into net income when it ceases to have a controlling financial interest in a subsidiary that is a foreign entity if the sale or transfer results in the complete or substantially complete liquidation of the foreign entity. For an equity method investment that is a foreign entity, a pro rata portion of the cumulative translation adjustment related to the investment should be released into net income upon a partial sale of such investment. This guidance became effective for the Company in the first quarter of 2014. The adoption did not have a material impact on the Company’s consolidated results of operations or financial position. The FASB issued in July 2013 guidance that requires an entity to present an uncertain tax position, or a portion of an uncertain tax position, in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss or a tax credit carryforward. However, to the extent (i) a net operating loss carryforward, a similar tax loss or a tax credit carryforward is not available at the reporting date under the tax law of the applicable jurisdiction to settle any additional income taxes that would result from the disallowance of a tax position or (ii) the tax law of the applicable jurisdiction does not require the entity to use, and the entity does not intend to use, the deferred tax asset for such purpose, the uncertain tax position should be presented in the financial statements as a liability and should not be combined with deferred tax assets. This guidance became effective prospectively for the Company in the first quarter of 2014. The adoption did not have any impact on the Company’s consolidated results of operations or financial position. The FASB issued in April 2014 guidance that revises the criteria for reporting discontinued operations. The guidance requires that a disposal of a component of an entity or group of components of an entity be reported as discontinued operations if such disposal represents a strategic shift that has or will have a major effect on an entity’s operations and financial results. The guidance also requires additional disclosures for both discontinued operations and disposals of significant components of an entity that do not qualify as discontinued operations. This guidance is effective for the Company in the first quarter of 2015. The adoption is not expected to have a material impact on the Company’s consolidated results of operations or financial position. The FASB issued in May 2014 guidance that supersedes most of the current revenue recognition requirements. The core principle of the new guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. New disclosures about the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers are also required. This guidance is effective for the Company in the first quarter of 2017 and early application is not permitted. Entities must adopt the new guidance using one of two retrospective application methods. The Company is currently evaluating the standard to determine the impact of its adoption on the consolidated financial statements. |
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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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GENERAL (Policies)
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May 04, 2014
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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 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. Please see Note 4, “Investments in Unconsolidated Affiliates,” for a further discussion. As a result of the acquisition of The Warnaco Group, Inc. (“Warnaco”), the Company acquired a majority interest in a joint venture in India that was consolidated and accounted for as a redeemable non-controlling interest during 2013. The redeemable non-controlling interest represented the minority shareholders’ proportionate share (49%) of the equity in that entity. During the first quarter of 2014, in connection with the sale of the minority shareholders’ interests to a third party, the Company and the new shareholder entered into a shareholder agreement with different governing arrangements between the Company and the new shareholder as compared to the arrangements with the prior minority shareholders. Based on the new arrangements, the joint venture was deconsolidated and is now accounted for using the equity method of accounting. Please see Note 5, “Redeemable Non-Controlling Interest,” for a further discussion. |
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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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ACQUISITIONS AND DIVESTITURES (Tables)
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May 04, 2014
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| Business Combinations [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Acquisition consideration [Table Text Block] | The acquisition date fair value of the acquisition consideration paid at closing totaled $3,137.1 million, which consisted of the following:
The fair value of the 7.7 million common shares issued was equal to the aggregate value of the shares at the closing market price of the Company’s common stock on February 12, 2013, the day prior to the closing. The value of the replacement stock awards was determined by multiplying the estimated fair value of the Warnaco awards outstanding at the time of the acquisition, reduced by an estimated value of awards to be forfeited, by the proportionate amount of the vesting period that had lapsed as of the acquisition date. Also included in the acquisition consideration was the elimination of a $9.2 million pre-acquisition liability to Warnaco. |
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| Business acquisition, pro forma information [Table Text Block] | The following table presents the Company’s pro forma consolidated results of operations for the thirteen weeks ended May 5, 2013, as if the acquisition and the related financing transactions had occurred at the beginning of the year prior to the acquisition date. The pro forma results were calculated applying the Company’s accounting policies and reflect (i) the impact on revenue, cost of goods sold and selling, general and administrative expenses resulting from the elimination of intercompany transactions; (ii) the impact on depreciation and amortization expense based on fair value adjustments to Warnaco’s property, plant and equipment and intangible assets recorded in connection with the acquisition; (iii) the impact on interest expense resulting from changes to the Company’s capital structure in connection with the acquisition; (iv) the impact on cost of goods sold resulting from acquisition date adjustments to the fair value of inventory; (v) the elimination of transaction costs related to the acquisition that were included in the Company’s results of operations for the thirteen weeks ended May 5, 2013; and (vi) the tax effects of the above adjustments. The pro forma results do not include any anticipated cost synergies or other effects of the planned integration of Warnaco. Accordingly, such pro forma amounts are not indicative of the results that actually would have occurred had the acquisition been completed at the beginning of the year prior to the acquisition date, nor are they indicative of the future operating results of the combined company.
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| Business combination, allocation of the acquisition consideration [Table Text Block] | The following table summarizes the fair values of the assets acquired and liabilities and redeemable non-controlling interest assumed at the date of acquisition:
The Company finalized the purchase price allocation during the fourth quarter of 2013 and applied applicable measurement period adjustments retrospectively in accordance with Financial Accounting Standards Board (“FASB”) guidance for business combinations. |
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Acquisition Consideration No definition available.
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Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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GOODWILL (Tables)
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May 04, 2014
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| Goodwill [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Goodwill [Table Text Block] | The changes in the carrying amount of goodwill for the thirteen weeks ended May 4, 2014, by segment, were as follows:
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RETIREMENT AND BENEFIT PLANS (Tables)
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May 04, 2014
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| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 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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May 04, 2014
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| 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 May 4, 2014, the Company’s mandatory long-term debt repayments for the next five years were as follows:
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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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May 04, 2014
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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, (Loss) Gain in Statement of Financial Performance [Table Text Block] | The following table summarizes the effect of the Company’s hedges designated as cash flow 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 undesignated contracts:
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- Definition
Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments. 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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May 04, 2014
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| 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 during the thirteen weeks ended May 4, 2014 and May 5, 2013:
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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 as of May 4, 2014 is as follows:
A five percentage point increase or decrease in the discount rate would change the liability by approximately $0.5 million. A five percentage point increase or decrease in the compounded annual net sales growth rate would change the liability by approximately $0.5 million. |
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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 May 4, 2014, February 2, 2014 and May 5, 2013 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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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, liabilities, and financial instruments classified in shareholders' equity that are measured on a recurring and/or nonrecurring basis. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities. 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 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 (loss) 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, issues, 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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May 04, 2014
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| Disclosure of Compensation Related Costs, Share-based Payments [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 May 4, 2014 and May 5, 2013 (with the exception of the Warnaco employee replacement stock options):
The risk-free interest rate is based on United States Treasury yields in effect at the date of grant for periods corresponding to the expected option term. The expected option term represents the weighted average period of time that options granted are expected to be outstanding, based on vesting schedules and the contractual term of the options. Company volatility is based on the historical volatility of the Company’s common stock over a period of time corresponding to the expected option term. Expected dividends are based on the Company’s common stock cash dividend rate at the date of grant. 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, mainly due to acquisitions. The Company will continue to evaluate the appropriateness of utilizing such method. |
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| Table Of Weighted Average Black Scholes Fair Value Assumptions Warnaco Replacement [Table Text Block] | The following summarizes the assumptions used to estimate the fair value of the Warnaco employee stock options that were replaced on February 13, 2013:
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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 May 4, 2014 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 May 4, 2014 was as follows:
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| Schedule of Restricted Stock Activity [Table Text Block] | Restricted stock activity for the thirteen weeks ended May 4, 2014 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 May 4, 2014 was as follows:
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- Definition
Table Of Weighted Average Black Scholes Fair Value Assumptions No definition available.
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- Definition
Table Of Weighted Average Black Scholes Fair Value Assumptions related to Warnaco replacement awards. No definition available.
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Tabular disclosure of the changes in outstanding nonvested performance-based units. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year. No definition available.
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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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ACCUMULATED OTHER COMPREHENSIVE INCOME ACCUMULATED OTHER COMPREHENSIVE INCOME (Tables)
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May 04, 2014
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| Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Accumulated Other Comprehensive Income [Table Text Block] | The following table presents the changes in AOCI, net of related taxes, by component for the thirteen weeks ended May 4, 2014:
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| Schedule of Amounts Reclassified Out of Accumulated Other Comprehensive Income [Table Text Block] | The following table presents reclassifications out of AOCI to earnings for the thirteen weeks ended May 4, 2014 and May 5, 2013:
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- Definition
Schedule of Amounts Reclassified Out of Accumulated Other Comprehensive Income (Loss) [Table Text Block] No definition available.
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
Tabular disclosure of the components of accumulated other comprehensive income (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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ACTIVITY EXIT COSTS (Tables) (Warnaco Integration Costs [Member])
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3 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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May 04, 2014
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Warnaco Integration Costs [Member]
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| Restructuring Cost and Reserve [Line Items] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Restructuring and Related Costs [Table Text Block] | In connection with the Company’s acquisition of Warnaco during the first quarter of 2013 and the related integration, the Company incurred certain costs related to severance and termination benefits, inventory liquidations and lease/contract terminations. Such costs were as follows:
Of the charges for severance, termination benefits and lease/contract termination and other costs incurred during the thirteen weeks ended May 4, 2014, $2.9 million relate to selling, general and administrative expenses of the Calvin Klein North America segment, $6.5 million relate to selling, general and administrative expenses of the Calvin Klein International segment, $3.6 million relate to selling, general and administrative expenses of the Heritage Brands Wholesale segment and $0.8 million relate to corporate expenses not allocated to any reportable segment. Inventory liquidation costs incurred during the thirteen weeks ended May 4, 2014 were included in gross margin of the Company’s Calvin Klein North America segment (see Note 18, “Segment Data”). |
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| Schedule Of Restructuring Accrued Liabilities Costs Incurred And Paid [Table Text Block] | The liabilities at May 4, 2014 related to these costs 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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- Details
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| X | ||||||||||
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- Definition
Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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NET INCOME (LOSS) PER COMMON SHARE (Tables)
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3 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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May 04, 2014
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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 (loss) 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 (loss) per common share were as follows:
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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, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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SEGMENT DATA (Tables)
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3 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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May 04, 2014
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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:
Intersegment transactions consist of transfers of inventory principally from the Heritage Brands Wholesale segment to the Heritage Brands Retail segment and the Calvin Klein North America segment. These transfers are recorded at cost plus a standard markup percentage. Such markup percentage on ending inventory is eliminated principally in the Heritage Brands Retail segment and the Calvin Klein North America 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)
|
3 Months Ended |
|---|---|
|
May 04, 2014
|
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| Fiscal Period [Line Items] | |
| Redeemable non-controlling interest ownership percentage | 49.00% |
| 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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| X | ||||||||||
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- Definition
The equity interest of noncontrolling shareholders, partners or other equity holders in consolidated entity. No definition available.
|
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ACQUISITIONS AND DIVESTITURES (Details) (USD $)
In Millions, except Per Share data, unless otherwise specified |
3 Months Ended | 0 Months Ended | 3 Months Ended | 15 Months Ended | 0 Months Ended | 3 Months Ended | 3 Months Ended | 0 Months Ended | 3 Months Ended | 12 Months Ended | 3 Months Ended | ||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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May 04, 2014
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May 05, 2013
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Feb. 03, 2013
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Feb. 02, 2014
|
Feb. 13, 2013
Warnaco acquisition [Member]
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May 05, 2013
Warnaco acquisition [Member]
|
Feb. 02, 2014
Warnaco acquisition [Member]
|
Feb. 13, 2013
Warnaco acquisition [Member]
Heritage Brands Retail [Member]
|
Feb. 13, 2013
Warnaco acquisition [Member]
Calvin Klein North America [Member]
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Feb. 13, 2013
Warnaco acquisition [Member]
Calvin Klein International [Member]
|
Feb. 13, 2013
Warnaco acquisition [Member]
Heritage Brands Wholesale [Member]
|
Feb. 13, 2013
Warnaco acquisition [Member]
Tommy Hilfiger North America [Member]
|
Feb. 13, 2013
Warnaco acquisition [Member]
Tommy Hilfiger International [Member]
|
May 04, 2014
Russian Franchisee [Member]
|
Feb. 02, 2014
Russian Franchisee [Member]
|
May 04, 2014
Russian Franchisee [Member]
Heritage Brands Retail [Member]
|
May 04, 2014
Russian Franchisee [Member]
Calvin Klein North America [Member]
|
May 04, 2014
Russian Franchisee [Member]
Calvin Klein International [Member]
|
May 04, 2014
Russian Franchisee [Member]
Heritage Brands Wholesale [Member]
|
May 04, 2014
Russian Franchisee [Member]
Tommy Hilfiger North America [Member]
|
May 04, 2014
Russian Franchisee [Member]
Tommy Hilfiger International [Member]
|
May 04, 2014
Ireland Franchisee [Member]
|
May 04, 2014
Ireland Franchisee [Member]
Heritage Brands Retail [Member]
|
May 04, 2014
Ireland Franchisee [Member]
Calvin Klein North America [Member]
|
May 04, 2014
Ireland Franchisee [Member]
Calvin Klein International [Member]
|
May 04, 2014
Ireland Franchisee [Member]
Heritage Brands Wholesale [Member]
|
May 04, 2014
Ireland Franchisee [Member]
Tommy Hilfiger North America [Member]
|
May 04, 2014
Ireland Franchisee [Member]
Tommy Hilfiger International [Member]
|
May 04, 2014
Tommy Hilfiger Russia Franchisee [Member]
|
Feb. 02, 2014
Tommy Hilfiger Russia Franchisee [Member]
|
May 04, 2014
Tommy Hilfiger Ireland Franchisee [Member]
|
Feb. 13, 2013
Loans Payable [Member]
|
Feb. 13, 2013
Perpetual License Rights [Member]
Warnaco acquisition [Member]
|
Feb. 13, 2013
Tradenames [Member]
Warnaco acquisition [Member]
|
Feb. 13, 2013
Customer Relationships [Member]
Warnaco acquisition [Member]
|
Feb. 13, 2013
Reacquired Perpetual License Rights [Member]
Warnaco acquisition [Member]
|
May 05, 2013
Order Backlog [Member]
|
Feb. 02, 2014
Order Backlog [Member]
|
Feb. 13, 2013
Order Backlog [Member]
Warnaco acquisition [Member]
|
May 05, 2013
Sale Of Chaps Sportswear [Member]
|
May 04, 2014
Common Stock [Member]
Warnaco acquisition [Member]
|
|
| Business Acquisition [Line Items] | |||||||||||||||||||||||||||||||||||||||||
| Debt instrument, interest rate, stated percentage | 4.50% | ||||||||||||||||||||||||||||||||||||||||
| Calvin Klein categories | 2 | ||||||||||||||||||||||||||||||||||||||||
| Total fair value of the acquisition consideration | $ 3,137.1 | ||||||||||||||||||||||||||||||||||||||||
| Business acquisition, equity interest issued or issuable, number of shares | 7.7 | ||||||||||||||||||||||||||||||||||||||||
| Elimination of pre-acquisition liability to Warnaco | 9.2 | 9.2 | |||||||||||||||||||||||||||||||||||||||
| Proceeds from issuance of long-term debt | 700.0 | 3,075.0 | |||||||||||||||||||||||||||||||||||||||
| Acquisition, integration and related restructuring costs | 65.0 | 170.0 | |||||||||||||||||||||||||||||||||||||||
| Warnaco revenue recorded from acquisition date through period-end | 516.6 | ||||||||||||||||||||||||||||||||||||||||
| Warnaco net loss recorded from acquisition date through period end | (22.3) | ||||||||||||||||||||||||||||||||||||||||
| Fair Value Adjustment to Order Backlog | 24.1 | ||||||||||||||||||||||||||||||||||||||||
| Adjustment to amortization expense related to Order Backlog | 11.6 | ||||||||||||||||||||||||||||||||||||||||
| Goodwill from acquisition | 1,513.2 | 11.9 | 456.0 | 658.6 | 84.3 | 5.9 | 296.5 | 3.8 | 0 | 0 | 0 | 0 | 0 | 3.8 | 3.7 | 0 | 0 | 0 | 0 | 0 | 3.7 | ||||||||||||||||||||
| Amortizable Intangible Assets | 1,628.3 | ||||||||||||||||||||||||||||||||||||||||
| Other intangibles | 1,023.7 | 149.8 | 593.3 | 73.0 | |||||||||||||||||||||||||||||||||||||
| Intangible assets not amortizable | 207.6 | 604.6 | |||||||||||||||||||||||||||||||||||||||
| Proceeds from sale of Chaps sportswear assets | 18.3 | ||||||||||||||||||||||||||||||||||||||||
| Number of Stores | 2 | 3 | 6 | ||||||||||||||||||||||||||||||||||||||
| Cash | $ 2,180.0 | $ 4.3 | $ 6.0 | $ 3.1 | |||||||||||||||||||||||||||||||||||||
| Common stock, par value (in dollars per share) | $ 1 | $ 1 | $ 1 | $ 1.00 | $ 1.00 | $ 1.00 | |||||||||||||||||||||||||||||||||||
| X | ||||||||||
|
- Definition
Adjustment to amortization expense related to the FV adjustment of order backlog. No definition available.
|
| X | ||||||||||
|
- Definition
Costs incurred to effect a business acquisition, integration and restructuring which have been expensed during the period. No definition available.
|
| X | ||||||||||
|
- Definition
-- None. No documentation exists for this element. -- No definition available.
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| X | ||||||||||
|
- Definition
Represents a pre-acquisition liability payable to Warnaco. No definition available.
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| X | ||||||||||
|
- Definition
The Warnaco net loss recorded for the period from the date of acquisition through period-end. No definition available.
|
| X | ||||||||||
|
- Definition
The Warnaco revenue recorded for the period from the date of acquisition through period-end. No definition available.
|
| X | ||||||||||
|
- Definition
Amount of addition (reduction) to the amount at which an asset could be incurred (settled) in a current transaction between willing parties. No definition available.
|
| X | ||||||||||
|
- Definition
Number of shares of equity interests issued or issuable to acquire entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Amount of assets, excluding financial assets and goodwill, that lack physical substance, having a projected indefinite period of benefit, acquired at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of intangible assets, excluding goodwill, acquired at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of identifiable intangible assets recognized as of the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Face amount or stated value per share of common stock. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of increase in asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized resulting from a business combination. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Represents the number of stores. No definition available.
|
| X | ||||||||||
|
- Definition
The cash outflow associated with the acquisition of business during the period. The cash portion only of the acquisition price. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash inflow associated with the amount received from the sale of a portion of the company's business, for example a segment, division, branch or other business, during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash inflow from a debt initially having maturity due after one year or beyond the operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The value of all consideration given or received by the Entity in the significant acquisition or disposal. No definition available.
|
|
ACQUISITIONS AND DIVESTITURES Fair Value Of Acquisition Consideration (Details) (USD $)
In Millions, unless otherwise specified |
0 Months Ended | 3 Months Ended |
|---|---|---|
|
Feb. 13, 2013
|
May 05, 2013
|
|
| Business Acquisition [Line Items] | ||
| Warnaco employee replacement stock awards | $ 39.8 | |
|
Warnaco acquisition [Member]
|
||
| Business Acquisition [Line Items] | ||
| Cash | 2,180.0 | |
| Common stock (7.7 shares, par value $1.00 per share) | 926.5 | |
| Warnaco employee replacement stock awards | 39.8 | 39.8 |
| Elimination of pre-acquisition liability to Warnaco | 9.2 | 9.2 |
| Total fair value of the acquisition consideration | $ 3,137.1 |
| X | ||||||||||
|
- Definition
Represents a pre-acquisition liability payable to Warnaco. No definition available.
|
| X | ||||||||||
|
- Definition
Issuance of replacement stock awards pertaining to employee stock-based compensation grants, issued in connection with the acquisition of Warnaco and included in the total acquisition consideration. No definition available.
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The cash outflow associated with the acquisition of business during the period. The cash portion only of the acquisition price. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The value of all consideration given or received by the Entity in the significant acquisition or disposal. No definition available.
|
| X | ||||||||||
|
- Definition
Value of stock issued pursuant to acquisitions during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
ACQUISITIONS AND DIVESTITURES Pro Forma Results Of Operations (Details) (Warnaco acquisition [Member], USD $)
In Millions, unless otherwise specified |
3 Months Ended |
|---|---|
|
May 05, 2013
|
|
|
Warnaco acquisition [Member]
|
|
| Pro Forma Consolidated Results Of Operations [Line Items] | |
| Total revenue | $ 1,973.2 |
| Net income attributable to PVH Corp. | $ 75.4 |
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The pro forma net Income or Loss for the period as if the business combination or combinations had been completed at the beginning of a period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The pro forma revenue for a period as if the business combination or combinations had been completed at the beginning of the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
ACQUISITIONS AND DIVESTITURES Allocation of Acquisition Consideration (Details) (Warnaco acquisition [Member], USD $)
In Millions, unless otherwise specified |
0 Months Ended |
|---|---|
|
Feb. 13, 2013
|
|
| Business Acquisition [Line Items] | |
| Cash and cash equivalents | $ 364.7 |
| Trade receivables | 286.7 |
| Other receivables | 46.9 |
| Inventories | 442.9 |
| Prepaid expenses | 38.7 |
| Other current assets | 56.0 |
| Property, plant and equipment | 123.3 |
| Goodwill from acquisition | 1,513.2 |
| Other intangibles | 1,023.7 |
| Other assets | 169.3 |
| Total assets acquired | 4,670.0 |
| Accounts payable | 180.1 |
| Accrued expenses | 260.5 |
| Short-term borrowings | 26.9 |
| Current portion of long-term debt | 2.0 |
| Long-term debt | 195.0 |
| Other liabilities | 862.8 |
| Total liabilities assumed | 1,527.3 |
| Redeemable non-controlling interest | 5.6 |
| Total fair value of the acquisition consideration | 3,137.1 |
|
Tradenames [Member]
|
|
| Business Acquisition [Line Items] | |
| Intangible assets not amortizable | 604.6 |
|
Perpetual License Rights [Member]
|
|
| Business Acquisition [Line Items] | |
| Intangible assets not amortizable | 207.6 |
|
Heritage Brands Retail [Member]
|
|
| Business Acquisition [Line Items] | |
| Goodwill from acquisition | 11.9 |
|
Tommy Hilfiger North America [Member]
|
|
| Business Acquisition [Line Items] | |
| Goodwill from acquisition | 5.9 |
|
Tommy Hilfiger International [Member]
|
|
| Business Acquisition [Line Items] | |
| Goodwill from acquisition | $ 296.5 |
| X | ||||||||||
|
- Definition
The amount of acquisition cost of a business combination allocated to other receivables. No definition available.
|
| X | ||||||||||
|
- Definition
Amount of liabilities incurred that are used in an entity's business, assumed at the acquisition date. No definition available.
|
| X | ||||||||||
|
- Definition
Amount of short-term borrowings assumed at the acquisition date. No definition available.
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
This element represents the fair value of the noncontrolling interest in the acquiree at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of assets acquired at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions, acquired at the acquisition date. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of other assets expected to be realized or consumed before one year or the normal operating cycle, if longer, acquired at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of asset related to consideration paid in advance for costs that provide economic benefits in future periods, and amount of other assets that are expected to be realized or consumed within one year or the normal operating cycle, if longer, acquired at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount due from customers or clients for goods or services, including trade receivables, that have been delivered or sold in the normal course of business, and amounts due from others, including related parties expected to be converted to cash, sold or exchanged within one year or the normal operating cycle, if longer, acquired at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of liabilities incurred for goods and services received that are used in an entity's business and related party payables, assumed at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of long-term debt due within one year or within the normal operating cycle, if longer, assumed at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of assets, excluding financial assets and goodwill, that lack physical substance, having a projected indefinite period of benefit, acquired at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of identifiable intangible assets recognized as of the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of inventory recognized as of the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of liabilities assumed at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount recognized as of the acquisition date for the identifiable assets acquired in excess of (less than) the aggregate liabilities assumed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of long-term debt due after one year or the normal operating cycle, if longer, assumed at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of other liabilities due after one year or the normal operating cycle, if longer, assumed at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of other assets expected to be realized or consumed after one year or the normal operating cycle, if longer, acquired at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of property, plant, and equipment recognized as of the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of increase in asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized resulting from a business combination. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
INVESTMENTS IN UNCONSOLIDATED AFFILIATES (Details) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | ||
|---|---|---|---|
|
May 04, 2014
|
May 05, 2013
|
Feb. 02, 2014
|
|
| Schedule of Equity Method Investments [Line Items] | |||
| Gain upon deconsolidation | $ 8.0 | $ 0 | |
| Investments in unconsolidated affiliates | 26.2 | 0 | |
| Equity Method Investments | 113.0 | 63.3 | 71.3 |
|
Karl Lagerfeld [Member]
|
|||
| Schedule of Equity Method Investments [Line Items] | |||
| Equity Method Investment, Ownership Percentage | 10.00% | ||
| Investments in unconsolidated affiliates | 18.9 | ||
|
Calvin Klein Australia Joint Venture [Member]
|
|||
| Schedule of Equity Method Investments [Line Items] | |||
| Equity Method Investment, Ownership Percentage | 50.00% | ||
| Gain upon deconsolidation | 2.1 | ||
| Investments in unconsolidated affiliates | $ 7.3 | ||
|
Tommy Hilfiger Brazil Joint Venture [Member]
|
|||
| Schedule of Equity Method Investments [Line Items] | |||
| Equity Method Investment, Ownership Percentage | 40.00% | ||
|
Tommy Hilfiger China Joint Venture [Member]
|
|||
| Schedule of Equity Method Investments [Line Items] | |||
| Equity Method Investment, Ownership Percentage | 45.00% | ||
|
Tommy Hilfiger India Joint Venture [Member]
|
|||
| Schedule of Equity Method Investments [Line Items] | |||
| Equity Method Investment, Ownership Percentage | 50.00% | ||
|
Calvin Klein India Joint Venture [Member]
|
|||
| Schedule of Equity Method Investments [Line Items] | |||
| Equity Method Investment, Ownership Percentage | 51.00% | ||
| X | ||||||||||
|
- Definition
The amount of the gain (loss) recognized by the parent and included in its attributable portion of net income for the period due to deconsolidation of a subsidiary or derecognition of a group of assets. The gain (loss) recognized and included in the net income attributable to the parent for the period is generally computed as the difference between: (a) the aggregate of: (1) the fair value of any consideration received; (2) the fair value of any retained noncontrolling investment in the former subsidiary at the date the subsidiary was deconsolidated; and (3) the carrying amount of any noncontrolling interest in the former subsidiary (including any accumulated other comprehensive income attributable to the noncontrolling interest) at the date the subsidiary was deconsolidated and (b) the carrying amount of the former subsidiary's assets and liabilities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| 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 | ||||||||||
|
- 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
|
|
REDEEMABLE NON-CONTROLLING INTEREST (Details) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 3 Months Ended | ||||
|---|---|---|---|---|---|---|
|
May 04, 2014
|
May 05, 2013
|
Feb. 02, 2014
|
May 05, 2013
Warnaco acquisition [Member]
|
Feb. 13, 2013
Warnaco acquisition [Member]
|
May 04, 2014
Calvin Klein India Joint Venture [Member]
|
|
| Non-controlling Interest [Line Items] | ||||||
| Non-controlling interest, ownership percentage by parent | 51.00% | |||||
| Redeemable non-controlling interest, fair value | $ 5.6 | |||||
| Redeemable Non-Controlling Interest | 0 | 5.7 | 5.6 | 5.7 | ||
| Equity Method Investment, Ownership Percentage | 51.00% | |||||
| Gain upon deconsolidation | $ 8.0 | $ 0 | $ 5.9 | |||
| X | ||||||||||
|
- Definition
The amount of the gain (loss) recognized by the parent and included in its attributable portion of net income for the period due to deconsolidation of a subsidiary or derecognition of a group of assets. The gain (loss) recognized and included in the net income attributable to the parent for the period is generally computed as the difference between: (a) the aggregate of: (1) the fair value of any consideration received; (2) the fair value of any retained noncontrolling investment in the former subsidiary at the date the subsidiary was deconsolidated; and (3) the carrying amount of any noncontrolling interest in the former subsidiary (including any accumulated other comprehensive income attributable to the noncontrolling interest) at the date the subsidiary was deconsolidated and (b) the carrying amount of the former subsidiary's assets and liabilities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| 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 | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The parent entity's interest in net assets of the subsidiary, expressed as a percentage. No definition available.
|
| X | ||||||||||
|
- Definition
As of the reporting date, the carrying amount of noncontrolling interests which are redeemable by the (parent) entity (1) at a fixed or determinable price on a fixed or determinable date, (2) at the option of the holder of the noncontrolling interest, or (3) upon occurrence of an event that is not solely within the control of the (parent) entity. The noncontrolling interest holder's ownership (or holders' ownership) may be in the form of common shares (regardless of class), limited partnership units (regardless of class), non-preferential membership interests, or any other form of common equity regardless of investee entity legal form. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The aggregate fair value as of the reporting date of all noncontrolling interests which are redeemable by the (parent) entity (1) at a fixed or determinable price on a fixed or determinable date, (2) at the option of the holder of the noncontrolling interest, or (3) upon occurrence of an event that is not solely within the control of the (parent) entity. This item includes noncontrolling interest holder's ownership (or holders' ownership) regardless of the type of equity interest (common, preferred, other) including all potential organizational (legal) forms of the investee entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
GOODWILL (Details) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | |
|---|---|---|
|
May 04, 2014
|
May 05, 2013
|
|
| Goodwill and Other Intangible Assets [Line Items] | ||
| Contingent Purchase Price Payments Percentage | 1.15% | |
| Goodwill [Roll Forward] | ||
| Goodwill, gross, beginning of period | $ 3,506.8 | |
| Accumulated impairment losses, beginning of period | 0 | |
| Goodwill, net, beginning of period | 3,506.8 | 3,426.5 |
| Contingent purchase price payments to Mr. Calvin Klein | 11.2 | |
| Currency translation | 52.2 | |
| Goodwill, gross, end of period | 3,577.7 | |
| Accumulated impairment losses, end of period | 0 | |
| Goodwill, net, end of period | 3,577.7 | 3,426.5 |
|
Calvin Klein North America [Member]
|
||
| Goodwill [Roll Forward] | ||
| Goodwill, gross, beginning of period | 683.6 | |
| Accumulated impairment losses, beginning of period | 0 | |
| Goodwill, net, beginning of period | 683.6 | |
| Contingent purchase price payments to Mr. Calvin Klein | 5.5 | |
| Currency translation | 1.6 | |
| Goodwill, gross, end of period | 690.7 | |
| Accumulated impairment losses, end of period | 0 | |
| Goodwill, net, end of period | 690.7 | |
|
Calvin Klein International [Member]
|
||
| Goodwill [Roll Forward] | ||
| Goodwill, gross, beginning of period | 877.8 | |
| Accumulated impairment losses, beginning of period | 0 | |
| Goodwill, net, beginning of period | 877.8 | |
| Contingent purchase price payments to Mr. Calvin Klein | 5.7 | |
| Currency translation | 12.1 | |
| Goodwill, gross, end of period | 895.6 | |
| Accumulated impairment losses, end of period | 0 | |
| Goodwill, net, end of period | 895.6 | |
|
Tommy Hilfiger North America [Member]
|
||
| Goodwill [Roll Forward] | ||
| Goodwill, gross, beginning of period | 204.4 | |
| Accumulated impairment losses, beginning of period | 0 | |
| Goodwill, net, beginning of period | 204.4 | |
| Contingent purchase price payments to Mr. Calvin Klein | 0 | |
| Currency translation | 0 | |
| Goodwill, gross, end of period | 204.4 | |
| Accumulated impairment losses, end of period | 0 | |
| Goodwill, net, end of period | 204.4 | |
|
Tommy Hilfiger International [Member]
|
||
| Goodwill [Roll Forward] | ||
| Goodwill, gross, beginning of period | 1,489.9 | |
| Accumulated impairment losses, beginning of period | 0 | |
| Goodwill, net, beginning of period | 1,489.9 | |
| Contingent purchase price payments to Mr. Calvin Klein | 0 | |
| Currency translation | 38.3 | |
| Goodwill, gross, end of period | 1,535.7 | |
| Accumulated impairment losses, end of period | 0 | |
| Goodwill, net, end of period | 1,535.7 | |
|
Heritage Brands Wholesale [Member]
|
||
| Goodwill [Roll Forward] | ||
| Goodwill, gross, beginning of period | 239.2 | |
| Accumulated impairment losses, beginning of period | 0 | |
| Goodwill, net, beginning of period | 239.2 | |
| Contingent purchase price payments to Mr. Calvin Klein | 0 | |
| Currency translation | 0.2 | |
| Goodwill, gross, end of period | 239.4 | |
| Accumulated impairment losses, end of period | 0 | |
| Goodwill, net, end of period | 239.4 | |
|
Heritage Brands Retail [Member]
|
||
| Goodwill [Roll Forward] | ||
| Goodwill, gross, beginning of period | 11.9 | |
| Accumulated impairment losses, beginning of period | 0 | |
| Goodwill, net, beginning of period | 11.9 | |
| Contingent purchase price payments to Mr. Calvin Klein | 0 | |
| Currency translation | 0 | |
| Goodwill, gross, end of period | 11.9 | |
| Accumulated impairment losses, end of period | 0 | |
| Goodwill, net, end of period | 11.9 | |
|
Russian Franchisee [Member]
|
||
| Goodwill [Roll Forward] | ||
| Goodwill from acquisition | 3.8 | |
|
Russian Franchisee [Member] | Calvin Klein North America [Member]
|
||
| Goodwill [Roll Forward] | ||
| Goodwill from acquisition | 0 | |
|
Russian Franchisee [Member] | Calvin Klein International [Member]
|
||
| Goodwill [Roll Forward] | ||
| Goodwill from acquisition | 0 | |
|
Russian Franchisee [Member] | Tommy Hilfiger North America [Member]
|
||
| Goodwill [Roll Forward] | ||
| Goodwill from acquisition | 0 | |
|
Russian Franchisee [Member] | Tommy Hilfiger International [Member]
|
||
| Goodwill [Roll Forward] | ||
| Goodwill from acquisition | 3.8 | |
|
Russian Franchisee [Member] | Heritage Brands Wholesale [Member]
|
||
| Goodwill [Roll Forward] | ||
| Goodwill from acquisition | 0 | |
|
Russian Franchisee [Member] | Heritage Brands Retail [Member]
|
||
| Goodwill [Roll Forward] | ||
| Goodwill from acquisition | 0 | |
|
Ireland Franchisee [Member]
|
||
| Goodwill [Roll Forward] | ||
| Goodwill from acquisition | 3.7 | |
|
Ireland Franchisee [Member] | Calvin Klein North America [Member]
|
||
| Goodwill [Roll Forward] | ||
| Goodwill from acquisition | 0 | |
|
Ireland Franchisee [Member] | Calvin Klein International [Member]
|
||
| Goodwill [Roll Forward] | ||
| Goodwill from acquisition | 0 | |
|
Ireland Franchisee [Member] | Tommy Hilfiger North America [Member]
|
||
| Goodwill [Roll Forward] | ||
| Goodwill from acquisition | 0 | |
|
Ireland Franchisee [Member] | Tommy Hilfiger International [Member]
|
||
| Goodwill [Roll Forward] | ||
| Goodwill from acquisition | 3.7 | |
|
Ireland Franchisee [Member] | Heritage Brands Wholesale [Member]
|
||
| Goodwill [Roll Forward] | ||
| Goodwill from acquisition | 0 | |
|
Ireland Franchisee [Member] | Heritage Brands Retail [Member]
|
||
| Goodwill [Roll Forward] | ||
| Goodwill from acquisition | $ 0 |
| X | ||||||||||
|
- Definition
Basis for calculating contingent purchase price payments. No definition available.
|
| X | ||||||||||
|
- Definition
Amount of (increase) in the value of right to a contingent consideration asset. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of increase in asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized resulting from a business combination. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount before accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of accumulated impairment loss for an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Amount of increase (decrease) from foreign currency translation adjustments of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
RETIREMENT AND BENEFIT PLANS (Details) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 12 Months Ended | 3 Months Ended | ||||||
|---|---|---|---|---|---|---|---|---|---|
|
May 04, 2014
|
Feb. 01, 2015
|
May 04, 2014
SERP Plans [Member]
|
May 04, 2014
Pension Plans, Defined Benefit [Member]
plans
|
May 05, 2013
Pension Plans, Defined Benefit [Member]
|
May 04, 2014
SERP Plans [Member]
plans
|
May 05, 2013
SERP Plans [Member]
|
May 04, 2014
Other Postretirement Benefit Plans, Defined Benefit [Member]
plans
|
May 05, 2013
Other Postretirement Benefit Plans, Defined Benefit [Member]
|
|
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||||||||
| Number of plans | 3 | 5 | 3 | 2 | |||||
| Vesting Period Non-Contributory Defined Benefit Pension Plans | 5 | ||||||||
| Current Executives Covered By Capital Accumulation Program | 2 | ||||||||
| Retired Executives Covered By Capital Accumulation Program | 15 | ||||||||
| Plan Benefit Payment Activation Age | 65 | ||||||||
| Plan Benefit Payment Period | 10 years | 10 years | |||||||
| Minimum Number of Years of Employment | 10 years | 10 years | 10 years | ||||||
| Minimum Age Prior to Employment Termination | 55 | ||||||||
| Service cost, including plan expenses | $ 5.0 | $ 4.6 | $ 1.1 | $ 1.1 | $ 0 | $ 0 | |||
| Interest cost | 7.1 | 6.5 | 0.9 | 0.8 | 0.2 | 0.2 | |||
| Expected return on plan assets | (10.9) | (9.8) | 0 | 0 | 0 | 0 | |||
| Amortization of prior service cost (credit) | 0 | 0 | 0 | 0 | (0.2) | (0.2) | |||
| Total | 1.2 | 1.3 | 2.0 | 1.9 | 0 | 0 | |||
| Pension Contributions | $ 2.5 | ||||||||
| 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
The number of benefit 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 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
|
| X | ||||||||||
|
- Definition
Amount of employer's best estimate of contributions expected to be paid to the plan in the current remaining fiscal period. No definition available.
|
|
DEBT DEBT Yen-Denominated Overdraft Facility (Details) (Line of credit, Yen-denominated facility [Member])
In Millions, unless otherwise specified |
3 Months Ended | |
|---|---|---|
|
May 04, 2014
USD ($)
|
May 04, 2014
JPY (¥)
|
|
| Line of Credit Facility [Line Items] | ||
| Line of credit facility, maximum borrowing capacity | $ 9.8 | ¥ 1,000.0 |
| Debt instrument, basis spread on variable rate | 0.30% | |
| Line of Credit Facility, Amount Outstanding | 9.8 | |
| Short-term debt, weighted average interest rate | 0.46% | |
| Maximum amount of borrowings outstanding during the period | $ 9.8 |
| X | ||||||||||
|
- Definition
Percentage points added to the reference rate to compute the variable rate on the debt instrument. 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 | ||||||||||
|
- Details
|
| 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
Weighted average interest rate of short-term debt outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
DEBT DEBT Asia Revolving Credit Facility (Details) (Line of credit, Asia facility [Member], USD $)
In Millions, unless otherwise specified |
3 Months Ended |
|---|---|
|
May 04, 2014
|
|
|
Line of credit, Asia facility [Member]
|
|
| Line of Credit Facility [Line Items] | |
| Line of credit facility, maximum borrowing capacity | $ 10.0 |
| Debt instrument, basis spread on variable rate | 1.75% |
| X | ||||||||||
|
- Definition
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
|
|
DEBT DEBT Korea Revolving Credit Facility (Details) (Line of credit, Korea facility [Member])
In Millions, unless otherwise specified |
May 04, 2014
USD ($)
|
May 04, 2014
KRW
|
|---|---|---|
| Line of Credit Facility [Line Items] | ||
| Line of credit facility, maximum borrowing capacity | $ 2.9 | 3,000.0 |
| 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
|
|
DEBT DEBT Brazil Revolving Credit Facility (Details) (Line of credit, Brazil facility [Member])
In Millions, unless otherwise specified |
May 04, 2014
USD ($)
|
May 04, 2014
BRL
|
|---|---|---|
| Line of Credit Facility [Line Items] | ||
| Line of credit facility, maximum borrowing capacity | $ 31.0 | 69.0 |
| 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
|
|
DEBT Schedule of Long Term Debt Instruments (Details)
In Millions, unless otherwise specified |
3 Months Ended | 3 Months Ended | 0 Months Ended | 0 Months Ended | 3 Months Ended | 0 Months Ended | 0 Months Ended | 3 Months Ended | 0 Months Ended | 0 Months Ended | 0 Months Ended | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
May 04, 2014
USD ($)
|
May 05, 2013
USD ($)
|
Feb. 03, 2013
USD ($)
|
May 04, 2014
2011 Interest Rate Swap [Member]
USD ($)
|
Jun. 06, 2011
2011 Interest Rate Swap [Member]
USD ($)
|
May 04, 2014
2013 Interest Rate Swap [Member]
USD ($)
|
Aug. 19, 2013
2013 Interest Rate Swap [Member]
USD ($)
|
Mar. 21, 2014
2014 Facilities Term Loan B [Member]
USD ($)
|
Feb. 13, 2013
2013 Facilities [Member]
USD ($)
|
Mar. 21, 2014
2014 Facilities [Member]
USD ($)
|
May 04, 2014
2014 Facilities [Member]
USD ($)
|
Mar. 21, 2014
2014 Facilities Term Loan A [Member]
USD ($)
|
Feb. 13, 2013
Senior notes due 2022 [Member]
USD ($)
|
Feb. 03, 2013
Senior notes due 2022 [Member]
USD ($)
|
May 04, 2014
Senior notes due 2022 [Member]
Senior Notes [Member]
|
Mar. 24, 2014
Senior Notes due 2020 [Member]
USD ($)
|
May 06, 2010
Senior Notes due 2020 [Member]
USD ($)
|
May 04, 2014
Senior Notes due 2020 [Member]
Senior Notes [Member]
|
May 04, 2014
Senior Debenture Due 2023 [Member]
USD ($)
|
Mar. 21, 2014
One month adjusted Eurocurrency rate loan [Member]
United States of America, Dollars
2014 Facilities Term Loan B [Member]
|
Feb. 02, 2014
United States Dollars and Canadian Dollars [Member]
|
Feb. 13, 2013
United States Dollars and Canadian Dollars [Member]
2013 Facilities [Member]
USD ($)
|
Mar. 21, 2014
United States Dollars and Canadian Dollars [Member]
2014 Facilities [Member]
USD ($)
|
Feb. 13, 2013
Euro-denominated
2013 Facilities [Member]
EUR (€)
|
Mar. 21, 2014
Euro-denominated
2014 Facilities [Member]
USD ($)
|
Mar. 21, 2014
Canada, Dollars
2014 Facilities [Member]
|
May 04, 2014
United States of America, Dollars
Unites States federal fund rate [Member]
|
Feb. 13, 2013
United States of America, Dollars
2013 Facilities Term Loan A [Member]
USD ($)
|
Feb. 13, 2013
United States of America, Dollars
2013 Facilities Term Loan B [Member]
USD ($)
|
Mar. 21, 2014
United States of America, Dollars
2014 Facilities Term Loan B [Member]
USD ($)
|
Feb. 13, 2013
United States of America, Dollars
2013 Facilities [Member]
USD ($)
|
Mar. 21, 2014
United States of America, Dollars
2014 Facilities [Member]
USD ($)
|
Mar. 21, 2014
United States of America, Dollars
2014 Facilities Term Loan A [Member]
USD ($)
|
Mar. 21, 2014
United States of America, Dollars
Base rate loan [Member]
2014 Facilities Term Loan B [Member]
|
Mar. 21, 2014
United States of America, Dollars
Base rate loan [Member]
2014 Facilities Term Loan B [Member]
Minimum [Member]
|
Mar. 21, 2014
United States of America, Dollars
Base rate loan [Member]
2014 Facilities Term Loan A [Member]
|
Mar. 21, 2014
United States of America, Dollars
One month adjusted Eurocurrency rate loan [Member]
2014 Facilities [Member]
|
Mar. 21, 2014
United States of America, Dollars
One month adjusted Eurocurrency rate loan [Member]
2014 Facilities Term Loan A [Member]
|
Mar. 21, 2014
United States of America, Dollars
Eurocurrency rate loan [Member]
2014 Facilities Term Loan B [Member]
Minimum [Member]
|
|
| Senior Secured Credit Facilities [Abstract] | |||||||||||||||||||||||||||||||||||||||
| Number of revolving credit facilities | 1 | ||||||||||||||||||||||||||||||||||||||
| Proceeds from issuance of long-term debt | $ 700.0 | $ 700.0 | $ 600.0 | $ 1,700.0 | $ 1.4 | $ 1,188.6 | $ 1,986.3 | ||||||||||||||||||||||||||||||||
| Line of credit facility, maximum borrowing capacity | 750.0 | 25.0 | 25.0 | 185.9 | 185.9 | 475.0 | 475.0 | ||||||||||||||||||||||||||||||||
| Line of Credit Facility, Amount Outstanding | 135.0 | ||||||||||||||||||||||||||||||||||||||
| Original issue discount | 7.3 | 6.9 | 5.7 | 7.8 | |||||||||||||||||||||||||||||||||||
| Payments of financing costs | 67.4 | 13.3 | |||||||||||||||||||||||||||||||||||||
| Debt modification and extinguishment costs | 93.1 | 40.4 | 34.6 | 8.0 | |||||||||||||||||||||||||||||||||||
| Payments of Debt Extinguishment Costs | 67.6 | ||||||||||||||||||||||||||||||||||||||
| Payment of fees associated with issuance of 4 1/2% senior notes | 0 | (16.3) | (32.8) | (5.3) | (16.3) | ||||||||||||||||||||||||||||||||||
| Deferred debt issuance costs | 17.5 | 5.8 | 5.8 | 3.2 | 14.3 | ||||||||||||||||||||||||||||||||||
| Increase In Term Loan Borrowings | 250.0 | 350.0 | |||||||||||||||||||||||||||||||||||||
| Letters of credit outstanding, amount | 56.9 | ||||||||||||||||||||||||||||||||||||||
| Maximum Amount Of Commitment Increase | 1,350.0 | ||||||||||||||||||||||||||||||||||||||
| Debt instrument, basis spread on variable rate | 2.50% | 0.50% | 1.50% | 0.75% | 1.00% | 1.75% | |||||||||||||||||||||||||||||||||
| Debt instrument, interest rate, stated percentage | 4.50% | 4.50% | 7.375% | 7.75% | 0.75% | 1.75% | 0.75% | ||||||||||||||||||||||||||||||||
| Notional amount outstanding of foreign currency forward exchange contracts | 237.8 | 632.0 | 1,164.8 | 1,228.8 | |||||||||||||||||||||||||||||||||||
| Derivative, fixed interest rate | 1.197% | 0.604% | |||||||||||||||||||||||||||||||||||||
| Debt instrument, face amount | $ 100.0 | ||||||||||||||||||||||||||||||||||||||
| Debt instrument, yield to maturity | 7.80% | ||||||||||||||||||||||||||||||||||||||
| Derivative agreement term | 3 years | 3 years | |||||||||||||||||||||||||||||||||||||
| Carry forward period revolving credit facility | 1 month | ||||||||||||||||||||||||||||||||||||||
| Cost of funds index rate period | 3 months | ||||||||||||||||||||||||||||||||||||||
| Carry forward period borrowings maximum | 1 year | ||||||||||||||||||||||||||||||||||||||
| Won-denominated short term credit facility lender | 1 | ||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
|
- Definition
Aggregate notional amount specified by the derivative(s). Expressed as an absolute value. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
-- None. No documentation exists for this element. -- No definition available.
|
| X | ||||||||||
|
- Definition
-- None. No documentation exists for this element. -- No definition available.
|
| X | ||||||||||
|
- Definition
-- None. No documentation exists for this element. -- No definition available.
|
| X | ||||||||||
|
- Definition
Amount represents 1) costs incurred in the modification of term of existing debt agreement, including a loss to write-off previously capitalized debt issuance costs, or 2) the difference between the fair value of payments made and the carrying amount of the debt at time of extinguishment. No definition available.
|
| X | ||||||||||
|
- Definition
derivative agreement term No definition available.
|
| X | ||||||||||
|
- Definition
Represents the increase in term loan borrowings (TLA and TLB) under the 2014 Facilities. No definition available.
|
| X | ||||||||||
|
- Definition
Represents the maximum amount the Company may increase the commitments under the 2014 Facility revolving credit facilities. No definition available.
|
| X | ||||||||||
|
- Definition
Number of revolving credit facilities No definition available.
|
| X | ||||||||||
|
- Definition
Won Denominated Short Term Credit Facility Lender No definition available.
|
| X | ||||||||||
|
- Definition
Percentage points added to the reference rate to compute the variable rate on the debt instrument. No definition available.
|
| X | ||||||||||
|
- Definition
Face (par) amount of debt instrument at time of issuance. 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
Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of debt discount that was originally recognized at the issuance of the instrument that has yet to be amortized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| 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 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 incremental, external costs directly pertaining to an early extinguishment of debt, including legal costs and prepayment penalties, and excluding interest and repayment of debt principal. No definition available.
|
| X | ||||||||||
|
- Definition
The cash outflow paid to third parties in connection with debt origination, which will be amortized over the remaining maturity period of the associated long-term debt. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow for loan and debt issuance costs. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash inflow from a debt initially having maturity due after one year or beyond the operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| 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
|
|
DEBT Schedule of Mandatory Long-Term Debt Repayments (Details) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 3 Months Ended | 0 Months Ended | ||||||
|---|---|---|---|---|---|---|---|---|---|
|
Feb. 03, 2013
|
May 04, 2014
|
Feb. 02, 2014
|
May 05, 2013
|
Feb. 03, 2013
Senior notes due 2022 [Member]
|
May 06, 2010
Senior Notes due 2020 [Member]
|
May 04, 2014
Senior Debenture Due 2023 [Member]
|
May 04, 2014
Senior Notes [Member]
Senior notes due 2022 [Member]
|
May 04, 2014
Senior Notes [Member]
Senior Notes due 2020 [Member]
|
|
| Debt Instrument [Line Items] | |||||||||
| Mandatory Long Term Debt Repayment Remainder of 2014 | $ 74.5 | ||||||||
| Mandatory Long Term Debt Repayment 2015 | 99.3 | ||||||||
| Mandatory Long Term Debt Repayment 2016 | 136.6 | ||||||||
| Mandatory Long Term Debt Repayment 2017 | 186.2 | ||||||||
| Mandatory Long Term Debt Repayment 2018 | 198.6 | ||||||||
| Mandatory Long Term Debt Repayment 2019 | 1,291.1 | ||||||||
| Total debt percentage bearing fixed interest rates | 55.00% | ||||||||
| Proceeds from issuance of long-term debt | 700.0 | 700.0 | 600.0 | ||||||
| Senior secured term loan A facility due 2019 | 1,978.7 | 1,693.1 | |||||||
| Senior secured term loan B facility due 2020 | 1,182.9 | 1,368.4 | |||||||
| 4 1/2% senior unsecured notes | 700.0 | 700.0 | |||||||
| 7 3/8% senior unsecured notes | 0 | 600.0 | |||||||
| 7 3/4% debentures | 99.7 | 99.6 | |||||||
| Total | 3,961.3 | 4,461.1 | |||||||
| Less: Current portion of long-term debt | 99.3 | 85.0 | 98.8 | ||||||
| Long-Term Debt | $ 3,862.0 | $ 3,878.2 | $ 4,362.3 | ||||||
| Debt instrument, interest rate, stated percentage | 4.50% | 7.75% | 4.50% | 7.375% | |||||
| X | ||||||||||
|
- Definition
Represents balance of debentures 7 3/4% due 2023. No definition available.
|
| X | ||||||||||
|
- Definition
Senior Secured Term Loan A Facility Due 2019 No definition available.
|
| X | ||||||||||
|
- Definition
Represents the balance of the senior secured term loan B facility due 2018. No definition available.
|
| X | ||||||||||
|
- Definition
Represents the balance of senior unsecured 7 3/8% notes due 2020. No definition available.
|
| X | ||||||||||
|
- Definition
Represents the balance of senior unsecured 4 1/2% notes due 2022 No definition available.
|
| X | ||||||||||
|
- Definition
Represents the percentage of total debt bearing fixed interest rates. No definition available.
|
| X | ||||||||||
|
- Definition
Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Carrying amount of long-term debt, net of unamortized discount or premium, including current and noncurrent amounts. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of long-term debt, after unamortized discount or premium, scheduled to be repaid within one year or the normal operating cycle, if longer. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of long-term debt, sinking fund requirements, and other securities redeemable at fixed or determinable prices and dates maturing after the fifth fiscal year following the latest fiscal year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of long-term debt, sinking fund requirements, and other securities redeemable at fixed or determinable prices and dates maturing in the next fiscal year following the latest fiscal year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of long-term debt, sinking fund requirements, and other securities redeemable at fixed or determinable prices and dates maturing in the fifth fiscal year following the latest fiscal year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of long-term debt, sinking fund requirements, and other securities redeemable at fixed or determinable prices and dates maturing in the fourth fiscal year following the latest fiscal year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of long-term debt, sinking fund requirements, and other securities redeemable at fixed or determinable prices and dates maturing in the third fiscal year following the latest fiscal year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of long-term debt, sinking fund requirements, and other securities redeemable at fixed or determinable prices and dates maturing in the second fiscal year following the latest fiscal year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Carrying amount of long-term debt, net of unamortized discount or premium, excluding amounts to be repaid within one year or the normal operating cycle, if longer (current maturities). Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash inflow from a debt initially having maturity due after one year or beyond the operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
INCOME TAXES (Details) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | ||
|---|---|---|---|
|
Aug. 03, 2014
|
May 04, 2014
|
May 05, 2013
|
|
| Income Taxes [Abstract] | |||
| Income Tax Rate | 19.70% | 62.70% | |
| Tax Adjustments, Settlements, and Unusual Provisions | $ 179.0 | ||
| Liability for Uncertain Tax Positions, Current | 185.0 | ||
| Income tax expense (benefit) | 6.0 | 8.7 | (17.2) |
| Reduction in liability, Uncertain Tax Positions | $ 185.0 | ||
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Reduction in liability, Uncertain Tax Positions No definition available.
|
| X | ||||||||||
|
- Definition
Percentage of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The current portion of the amount recognized for uncertain tax positions as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of increase (decrease) to previously recorded tax expense. Includes, but is not limited to, significant settlements of income tax disputes, and unusual tax positions or infrequent actions taken by the entity, including tax assessment reversal, and IRS tax settlement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
DERIVATIVE FINANCIAL INSTRUMENTS (Details) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | |
|---|---|---|
|
May 04, 2014
|
May 05, 2013
|
|
| Derivative [Line Items] | ||
| Other comprehensive (loss) income before reclassifications, net unrealized and realized (loss) gain on effective hedges | $ (12.1) | |
|
Other Current Assets and Other Assets [Member]
|
||
| Derivative [Line Items] | ||
| Derivative Asset, Fair Value, Gross Asset | 4.2 | 1.9 |
|
Accrued Expenses and Other Liabilities [Member]
|
||
| Derivative [Line Items] | ||
| Derivative Liability, Fair Value, Gross Liability | 20.2 | 8.4 |
|
Foreign Exchange Forward Inventory Purchases [Member]
|
||
| Derivative [Line Items] | ||
| Notional amount outstanding of foreign currency forward exchange contracts | 624.6 | |
|
Foreign Exchange Forward Intercompany Loans [Member]
|
||
| Derivative [Line Items] | ||
| Notional amount outstanding of foreign currency forward exchange contracts | 85.3 | |
|
Designated as Hedging Instrument [Member] | Other Current Assets and Other Assets [Member]
|
||
| Derivative [Line Items] | ||
| Derivative Asset, Fair Value, Gross Asset | 4.2 | 1.1 |
|
Designated as Hedging Instrument [Member] | Accrued Expenses and Other Liabilities [Member]
|
||
| Derivative [Line Items] | ||
| Derivative Liability, Fair Value, Gross Liability | 19.9 | 7.3 |
|
Designated as Hedging Instrument [Member] | Foreign Exchange Forward Inventory Purchases [Member] | Other Current Assets and Other Assets [Member]
|
||
| Derivative [Line Items] | ||
| Derivative Asset, Fair Value, Gross Asset | 1.6 | 1.1 |
|
Designated as Hedging Instrument [Member] | Foreign Exchange Forward Inventory Purchases [Member] | Accrued Expenses and Other Liabilities [Member]
|
||
| Derivative [Line Items] | ||
| Derivative Liability, Fair Value, Gross Liability | 14.0 | 3.2 |
|
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 | 2.6 | 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 | 5.9 | 4.1 |
|
Not Designated as Hedging Instrument [Member] | Other Current Assets and Other Assets [Member]
|
||
| Derivative [Line Items] | ||
| Derivative Asset, Fair Value, Gross Asset | 0 | 0.8 |
|
Not Designated as Hedging Instrument [Member] | Accrued Expenses and Other Liabilities [Member]
|
||
| Derivative [Line Items] | ||
| Derivative Liability, Fair Value, Gross Liability | 0.3 | 1.1 |
|
Not Designated as Hedging Instrument [Member] | Foreign Exchange Forward Inventory Purchases [Member] | Other Current Assets and Other Assets [Member]
|
||
| Derivative [Line Items] | ||
| Derivative Asset, Fair Value, Gross Asset | 0 | 0.1 |
|
Not Designated as Hedging Instrument [Member] | Foreign Exchange Forward Inventory Purchases [Member] | Accrued Expenses and Other Liabilities [Member]
|
||
| Derivative [Line Items] | ||
| Derivative Liability, Fair Value, Gross Liability | 0 | 0.6 |
|
Not Designated as Hedging Instrument [Member] | Foreign Exchange Forward Intercompany Loans [Member] | Other Current Assets and Other Assets [Member]
|
||
| Derivative [Line Items] | ||
| Derivative Asset, Fair Value, Gross Asset | 0 | 0.7 |
|
Not Designated as Hedging Instrument [Member] | Foreign Exchange Forward Intercompany Loans [Member] | Accrued Expenses and Other Liabilities [Member]
|
||
| Derivative [Line Items] | ||
| Derivative Liability, Fair Value, Gross Liability | 0.3 | 0.5 |
|
Cost of Goods Sold [Member] | Foreign Exchange Contract [Member]
|
||
| Derivative [Line Items] | ||
| Derivative Instruments, Loss Reclassification from Accumulated OCI to Income, Estimated Net Amount to be Transferred | (13.9) | |
|
Cost of Goods Sold [Member] | Foreign Exchange Forward [Member]
|
||
| Derivative [Line Items] | ||
| Derivative Instruments, 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, Loss Reclassification from Accumulated OCI to Income, Estimated Net Amount to be Transferred | 5.3 | |
| Derivative Instruments, 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 Inventory Purchases [Member]
|
||
| Derivative [Line Items] | ||
| Derivative Instruments Not Designated as Hedging Instruments, (Loss) Gain, Net | 0 | (0.3) |
|
Selling, General and Administrative Expenses [Member] | Not Designated as Hedging Instrument [Member] | Foreign Exchange Forward Intercompany Loans [Member]
|
||
| Derivative [Line Items] | ||
| Derivative Instruments Not Designated as Hedging Instruments, (Loss) Gain, Net | (2.1) | 0.2 |
|
Cash Flow Hedging [Member] | Designated as Hedging Instrument [Member]
|
||
| Derivative [Line Items] | ||
| Other comprehensive (loss) income before reclassifications, net unrealized and realized (loss) gain on effective hedges | (12.9) | 8.7 |
| (Loss) Gain Reclassified from Accumulated Other Comprehensive Income into (Expense) Income | (5.3) | 2.0 |
|
Cash Flow Hedging [Member] | Designated as Hedging Instrument [Member] | Foreign Exchange Forward Inventory Purchases [Member]
|
||
| Derivative [Line Items] | ||
| Other comprehensive (loss) income before reclassifications, net unrealized and realized (loss) gain on effective hedges | (12.3) | 8.9 |
|
Cash Flow Hedging [Member] | Designated as Hedging Instrument [Member] | Interest Rate Contract [Member]
|
||
| Derivative [Line Items] | ||
| Other comprehensive (loss) income before reclassifications, net unrealized and realized (loss) gain on effective hedges | (0.6) | (0.2) |
|
Cash Flow Hedging [Member] | Cost of Goods Sold [Member] | Designated as Hedging Instrument [Member] | Foreign Exchange Forward Inventory Purchases [Member]
|
||
| Derivative [Line Items] | ||
| (Loss) Gain Reclassified from Accumulated Other Comprehensive Income into (Expense) Income | (3.4) | 3.2 |
|
Cash Flow Hedging [Member] | Interest Expense [Member] | Designated as Hedging Instrument [Member] | Interest Rate Contract [Member]
|
||
| Derivative [Line Items] | ||
| (Loss) Gain Reclassified from Accumulated Other Comprehensive Income into (Expense) Income | $ (1.9) | $ (1.2) |
| X | ||||||||||
|
- Definition
Aggregate notional amount specified by the derivative(s). Expressed as an absolute value. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Fair value before effects of master netting arrangements, of a financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Fair value before effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. 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
Estimated period for the anticipated transfer of gain (loss), net, from accumulated other comprehensive income into earnings, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. 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
Amount of realized and unrealized gain (loss) of derivative instruments not designated or qualifying as hedging instruments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
|
FAIR VALUE MEASUREMENTS (Details) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 12 Months Ended | 3 Months Ended | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
May 04, 2014
|
May 05, 2013
|
Feb. 02, 2014
|
Feb. 03, 2013
|
Feb. 02, 2014
Tommy Hilfiger India License [Member]
|
Feb. 03, 2013
Tommy Hilfiger India License [Member]
|
May 04, 2014
Tommy Hilfiger India License [Member]
|
May 04, 2014
Tommy Hilfiger India License [Member]
Initial Term [Member]
|
May 04, 2014
Tommy Hilfiger India License [Member]
Extended Term [Member]
|
May 04, 2014
Tommy Hilfiger India License [Member]
Due Within [Member]
|
May 04, 2014
Tommy Hilfiger India License [Member]
Period Length [Member]
|
May 04, 2014
Fair Value, Inputs, Level 2 [Member]
|
Feb. 02, 2014
Fair Value, Inputs, Level 2 [Member]
|
May 05, 2013
Fair Value, Inputs, Level 2 [Member]
|
May 04, 2014
Fair Value, Inputs, Level 3 [Member]
|
Feb. 02, 2014
Fair Value, Inputs, Level 3 [Member]
|
May 05, 2013
Fair Value, Inputs, Level 3 [Member]
|
May 04, 2014
Portion at Fair Value, Fair Value Disclosure [Member]
|
Feb. 02, 2014
Portion at Fair Value, Fair Value Disclosure [Member]
|
May 05, 2013
Portion at Fair Value, Fair Value Disclosure [Member]
|
May 04, 2014
Carrying (Reported) Amount, Fair Value Disclosure [Member]
|
Feb. 02, 2014
Carrying (Reported) Amount, Fair Value Disclosure [Member]
|
May 05, 2013
Carrying (Reported) Amount, Fair Value Disclosure [Member]
|
|
| Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | |||||||||||||||||||||||
| Foreign currency forward exchange contracts, assets | $ 1.6 | $ 1.9 | $ 5.8 | $ 1.6 | $ 5.8 | $ 1.9 | |||||||||||||||||
| Interest rate contracts, assets | 2.6 | 2.2 | 2.6 | 2.2 | |||||||||||||||||||
| Total Assets | 4.2 | 1.9 | 8.0 | 4.2 | 8.0 | 1.9 | |||||||||||||||||
| Foreign currency forward exchange contracts, liabilities | 14.3 | 4.3 | 6.2 | 14.3 | 6.2 | 4.3 | |||||||||||||||||
| Interest rate contracts, liabilities | 5.9 | 4.1 | 6.8 | 5.9 | 6.8 | 4.1 | |||||||||||||||||
| Contingent purchase price payments related to reacquisition of the perpetual rights to the Tommy Hilfiger trademarks in India | 5.4 | 7.2 | 4.2 | 5.4 | 4.2 | 7.2 | |||||||||||||||||
| Total Liabilities | 25.6 | 15.6 | 17.2 | 20.2 | 13.0 | 8.4 | 5.4 | 4.2 | 7.2 | ||||||||||||||
| Cash and cash equivalents | 513.0 | 593.2 | 746.3 | ||||||||||||||||||||
| Short-term borrowings | 144.8 | 14.7 | 6.8 | 144.8 | 6.8 | 14.7 | |||||||||||||||||
| Cash and cash equivalents | 513.0 | 746.3 | 593.2 | 892.2 | 513.0 | 593.2 | 746.3 | ||||||||||||||||
| Short-term borrowings | 144.8 | 6.8 | 14.7 | ||||||||||||||||||||
| Long-term Debt | 3,961.3 | 4,461.1 | 3,961.3 | 3,963.2 | 4,461.1 | ||||||||||||||||||
| Long-term debt (including portion classified as current) | 3,987.3 | 4,025.3 | 4,624.8 | ||||||||||||||||||||
| Contingent Consideration Limit | 25.0 | ||||||||||||||||||||||
| Contingent purchase price payments | 11.6 | 14.2 | 0.4 | 0.1 | |||||||||||||||||||
| Contingent Purchase Price Term | 5 years | 6 years | |||||||||||||||||||||
| Contingent purchase price payment terms | 60 days | 1 year | |||||||||||||||||||||
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | |||||||||||||||||||||||
| Contingent purchase price payments, balance | 5.4 | 7.2 | 4.2 | 7.0 | |||||||||||||||||||
| Payments | 0 | 0 | |||||||||||||||||||||
| Adjustments included in earnings | 1.2 | 0.2 | |||||||||||||||||||||
| Compounded Annual Net Sales Growth Rate | 38.00% | ||||||||||||||||||||||
| Fair Value Inputs Discount Rate | 15.00% | ||||||||||||||||||||||
| Effect of five-percentage-point decrease in discount rate on liability, increase of | 0.5 | ||||||||||||||||||||||
| Effect of five-percentage-point increase or decrease on annual net sales growth rate | $ 0.5 | ||||||||||||||||||||||
| 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
Effect of a five-percentage-point increase or decrease 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
This element represents the aggregate of the assets reported on the balance sheet at period end measured at fair value on a recurring basis by the entity. This element is intended to be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. No definition available.
|
| X | ||||||||||
|
- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Fair value portion of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Interest rate used to find the present value of an amount to be paid or received in the future as an input to measure fair value. For example, but not limited to, weighted average cost of capital (WACC), cost of capital, cost of equity and cost of debt. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Amount of gain (loss) recognized on the income statement for financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of settlements of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Fair value of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Fair value portion of asset contracts related to the exchange of different currencies, including, but not limited to, foreign currency options, forward contracts, and swaps. No definition available.
|
| X | ||||||||||
|
- Definition
Fair value portion of liability contracts related to the exchange of different currencies, including, but not limited to, foreign currency options, forward (delivery or nondelivery) contracts, and swaps entered into. 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
Aggregation of the liabilities reported on the balance sheet measured at fair value on a recurring basis by the entity. No definition available.
|
| X | ||||||||||
|
- Definition
Carrying amount of long-term debt, net of unamortized discount or premium, including current and noncurrent amounts. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. 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
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
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
|
| 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 $)
|
0 Months Ended | 3 Months Ended | 0 Months Ended | 3 Months Ended | 12 Months Ended | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Feb. 13, 2013
|
May 04, 2014
|
May 05, 2013
|
May 04, 2014
Equity Option [Member]
installments
|
May 04, 2014
Restricted Stock Units (RSUs) [Member]
installments
|
Feb. 13, 2013
Warnaco acquisition [Member]
|
May 04, 2014
Warnaco acquisition [Member]
|
May 05, 2013
Warnaco acquisition [Member]
|
May 04, 2014
Warnaco acquisition [Member]
Equity Option [Member]
installments
|
May 04, 2014
Warnaco acquisition [Member]
Restricted Stock Units (RSUs) [Member]
installments
|
May 04, 2014
Black-Scholes-Merton Model [Member]
|
May 05, 2013
Black-Scholes-Merton Model [Member]
|
Feb. 02, 2014
Black-Scholes-Merton Model [Member]
Warnaco acquisition [Member]
|
|
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||||||||||
| Reduction in Number of Shares to Be Granted by Each Option Award | 1 | ||||||||||||
| Beginning vesting term | one year after date of grant | three years after date of grant | |||||||||||
| Warnaco employee replacement stock awards | $ 39,800,000 | $ 39,800,000 | $ 39,800,000 | ||||||||||
| Stock-based compensation expense | 11,700,000 | 18,900,000 | |||||||||||
| Service-based stock option activity [Roll Forward] | |||||||||||||
| Service-based stock options, outstanding, beginning of period | 1,588,000 | ||||||||||||
| Service-based stock options, granted | 134,000 | ||||||||||||
| Service-based stock options, exercised | 89,000 | ||||||||||||
| Service-based stock options, cancelled | 3,000 | ||||||||||||
| Service-based stock options, exercisable | 1,067,000 | ||||||||||||
| Service-based stock options, outstanding, weighted average price per option, beginning of period | $ 58.47 | ||||||||||||
| Service-based stock options, granted, weighted average price per option | $ 124.54 | ||||||||||||
| Service-based stock options, exercised, weighted average price per option | $ 52.38 | ||||||||||||
| Service-based stock options, cancelled, weighted average price per option | $ 49.85 | ||||||||||||
| Service-based stock options, outstanding, weighted average price per option, end of period | $ 64.26 | ||||||||||||
| Service-based stock options, exercisable, weighted average price per option | $ 50.56 | ||||||||||||
| Assumptions used to estimate fair value of service-based stock options and performance share units [Abstract] | |||||||||||||
| Risk-free interest rate | 2.16% | 0.95% | 0.24% | ||||||||||
| Expected term | 6 years 2 months 19 days | 6 years 3 months | 1 year 8 months 12 days | ||||||||||
| Expected Company volatility | 44.14% | 45.13% | 29.40% | ||||||||||
| Expected annual dividends per share | $ 0.15 | $ 0.15 | $ 0.15 | ||||||||||
| Estimated fair value per option | $ 56.36 | $ 50.44 | $ 40.60 | ||||||||||
| Contingently issuable performance share awards, performance period | 4 | 3 | 3 | 4 | |||||||||
| Contingently issuable performance share awards, service period | 1 year | ||||||||||||
| Percentage of Final Number of Shares Based Upon the Company's Absolute Stock Price Growth | 50.00% | ||||||||||||
| Percent of Final Number of Shares Based Upon the Company's Total Shareholder Return | 50.00% | ||||||||||||
| X | ||||||||||
|
- Definition
Percentage of final number of shares that will be earned based upon the Company's absolute stock price growth during the performance period. No definition available.
|
| X | ||||||||||
|
- Definition
Percentage of final number of shares that will be earned based upon the Company's total shareholder return during the performance period relative to other companies included in the S&P 500 as of the date of grant. No definition available.
|
| 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
Issuance of replacement stock awards pertaining to employee stock-based compensation grants, issued in connection with the acquisition of Warnaco and included in the total acquisition consideration. 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
Estimated period beyond the performance period over which an employee is required to provide service in exchange for the equity-based payment award, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. 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 estimated amount of dividends to be paid to holders of the underlying shares (expected dividends) over the option's term. Dividends are taken into account because payment of dividends to shareholders reduces the fair value of the underlying shares, and option holders generally do not receive dividends. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Expected term of share-based compensation awards, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. 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
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
Weighted average price of options that were either forfeited or expired. 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 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
Number of options outstanding, including both vested and non-vested options. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Weighted average price 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
Weighted average price at which option holders acquired shares when converting their stock options into shares. No definition available.
|
| X | ||||||||||
|
- Definition
Weighted average per share amount at which grantees can acquire shares of common stock by exercise of options. No definition available.
|
| 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 - RSU, RESTRICTED STOCK AND PERFORMANCE SHARE ACTIVITY (Details) (USD $)
In Millions, except Share data, unless otherwise specified |
3 Months Ended | |
|---|---|---|
|
May 04, 2014
|
May 05, 2013
|
|
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||
| Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period | 3 years | 2 years |
| Share Based Payment Award Maximum Term | 10 years | |
| Reduction in Number of Shares to be Granted by Each Stock Award | 2 | |
| 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 Yrs Following Grant Date | two years after date of grant | |
| First RSU Vesting Installments, Nonemployee Directors, Number of Yrs Following Grant Date, Awards Prior to 2010 | one year after date of grant | |
| Receipt of service-based RSU vesting period, non-employee directors, granted during or after 2010 | one year after date of grant | |
| Non-vested activity [Roll Forward] | ||
| Tax benefits realized, stock plan awards | $ 0 | $ 39.8 |
| Excess tax benefits reported, stock plan awards | $ 3.1 | $ 14.8 |
|
Equity Option [Member]
|
||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||
| Service Based Award Vesting Installments, Employees | 4 | |
|
Restricted Stock Units (RSUs) [Member]
|
||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||
| Service Based Award Vesting Installments, Employees | 3 | |
| Non-vested activity [Roll Forward] | ||
| Other than options, non-vested number, beginning of period | 702,000 | |
| Other than options, granted number | 209,000 | |
| Other than options, vested number | 139,000 | |
| Other than options, cancelled number | 10,000 | |
| Other than options, non-vested number, end of period | 762,000 | |
| Other than options, non-vested, weighted average grant date fair value, beginning of period | $ 89.06 | |
| Other than options, granted, weighted average grant date fair value | $ 125.20 | |
| Other than options, vested, weighted average grant date fair value | $ 83.85 | |
| Other than options, cancelled, weighted average grant date fair value | $ 98.77 | |
| Other than options, non-vested, weighted average grant date fair value, end of period | $ 99.80 | |
|
Restricted Stock [Member]
|
||
| Non-vested activity [Roll Forward] | ||
| Other than options, non-vested number, beginning of period | 46,000 | |
| Other than options, granted number | 0 | |
| Other than options, vested number | 19,000 | |
| Other than options, cancelled number | 1,000 | |
| Other than options, non-vested, weighted average grant date fair value, beginning of period | $ 120.72 | |
| Other than options, granted, weighted average grant date fair value | $ 0.00 | |
| Other than options, vested, weighted average grant date fair value | $ 120.72 | |
| Other than options, cancelled, weighted average grant date fair value | $ 120.72 | |
| Other than options, non-vested, weighted average grant date fair value, end of period | $ 120.72 | |
|
Performance Share [Member]
|
||
| Non-vested activity [Roll Forward] | ||
| Other than options, non-vested number, beginning of period | 548,000 | |
| Other than options, granted number | 83,000 | |
| Other than options, vested number | 0 | |
| Other than options, cancelled number | 4,000 | |
| Other than options, non-vested, weighted average grant date fair value, beginning of period | $ 118.60 | |
| Other than options, granted, weighted average grant date fair value | $ 125.15 | |
| Other than options, vested, weighted average grant date fair value | $ 0.00 | |
| Other than options, cancelled, weighted average grant date fair value | $ 123.27 | |
| Other than options, non-vested, weighted average grant date fair value, end of period | $ 119.44 | |
|
Warnaco acquisition [Member] | Equity Option [Member]
|
||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||
| Service Based Award Vesting Installments, Employees | 3 | |
|
Warnaco acquisition [Member] | Restricted Stock Units (RSUs) [Member]
|
||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||
| Service Based Award Vesting Installments, Employees | 4 | |
| 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
The reduction in the number of shares available to be granted with each grant of a restricted stock award. No definition available.
|
| X | ||||||||||
|
- Definition
Represents the number of vesting installments granted to employees. 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
Description of the period of time over which awards are generally granted. 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
Amount of cash inflow from realized tax benefit related to deductible compensation cost reported on the entity's tax return for equity instruments in excess of the compensation cost for those instruments recognized for financial reporting purposes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Period 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, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. 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
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 as a result of the occurrence of a terminating event. 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
|
|
ACCUMULATED OTHER COMPREHENSIVE INCOME CHANGES IN ACCUMULATED OTHER COMPREHENSIVE INCOME (Details) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | ||
|---|---|---|---|
|
May 04, 2014
|
May 05, 2013
|
Feb. 02, 2014
|
|
| Balance, foreign currency translation adjustments | $ 159.0 | $ 50.1 | |
| Other comprehensive (loss) income before reclassifications, foreign currency translation adjustments | 108.9 | ||
| Amounts reclassified from AOCI, foreign currency translation adjustments, net of tax | (2.0) | 0 | |
| Balance, retirement liability adjustment | 0.9 | 1.0 | |
| Other comprehensive (loss) income before reclassifications, pension and postretirement plans | 0 | ||
| Amounts reclassified from AOCI, retirement liability adjustment | 0.1 | 0.1 | |
| Amortization of prior service credit related to pension and postretirement plans, net of tax | (0.1) | (0.1) | |
| Balance, net unrealized and realized (loss) gain on effective hedges | (16.3) | (8.8) | |
| Other comprehensive (loss) income before reclassifications, net unrealized and realized (loss) gain on effective hedges | (12.1) | ||
| Amounts reclassified from AOCI, net unrealized and realized (loss) gain on effective hedges | (4.6) | 0.9 | |
| Net unrealized and realized (loss) gain on effective hedges, net of tax | (7.5) | 7.9 | |
| Accumulated other comprehensive income | 143.6 | 35.9 | 42.3 |
| Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Gain (Loss), before Reclassification and Tax | 106.9 | ||
| Other Comprehensive Income (Loss), Before Reclassifications, Net of Tax | 94.8 | ||
| Amounts reclassified from AOCI, total | (6.5) | ||
| Other comprehensive (loss) income | $ 101.3 | ||
| X | ||||||||||
|
- Definition
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss), Net of Tax No definition available.
|
| X | ||||||||||
|
- Definition
Accumulated change, net of tax, in accumulated gains and losses from derivative instruments designated and qualifying as the effective portion of cash flow hedges. Includes an entity's share of an equity investee's Increase or Decrease in deferred hedging gains or losses. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The total of net gain (loss), prior service cost (credit), and transition assets (obligations), as well as minimum pension liability if still remaining, included in accumulated other comprehensive income associated with a defined benefit pension or other postretirement plan(s) because they have yet to be recognized as components of net periodic benefit cost. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Accumulated adjustment, net of tax, that results from the process of translating subsidiary financial statements and foreign equity investments into the reporting currency from the functional currency of the reporting entity, net of reclassification of realized foreign currency translation gains or losses. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- 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
|
| 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
Amount after tax, before reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount before tax and reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount after tax, before reclassification adjustments of other comprehensive income (loss). No definition available.
|
| X | ||||||||||
|
- Definition
Amount after tax and reclassification adjustments, of increase (decrease) in accumulated gain (loss) from derivative instruments designated and qualifying as the effective portion of cash flow hedges and an entity's share of an equity investee's increase (decrease) in deferred hedging gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount after tax of reclassification adjustment from accumulated other comprehensive income for translation gain (loss) realized upon the sale or liquidation of an investment in a foreign entity and foreign currency hedges that are designated and qualified as hedging instruments for hedges of the foreign currency exposure of a net investment in a foreign operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount after tax and reclassification adjustments of other comprehensive income (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount after tax, before reclassification adjustments, of (increase) decrease in accumulated other comprehensive (income) loss related to pension and other postretirement benefit plans. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount after tax and reclassification adjustments, of (increase) decrease in accumulated other comprehensive (income) loss related to pension and other postretirement defined benefit plans. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount after tax of reclassification adjustment from accumulated other comprehensive income of accumulated gain (loss) realized from derivative instruments designated and qualifying as the effective portion of cash flow hedges and an entity's share of an equity investee's deferred hedging gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount after tax of reclassification adjustment from accumulated other comprehensive income (loss) for actuarial gain (loss) related to pension and other postretirement benefit plans. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
ACCUMULATED OTHER COMPREHENSIVE INCOME RECLASSIFICATIONS OUT OF ACCUMULATED OTHER COMPREHENSIVE INCOME (Details) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | |
|---|---|---|
|
May 04, 2014
|
May 05, 2013
|
|
| Realized gain on effective hedges, tax benefit | $ (0.7) | $ 1.1 |
| Amounts reclassified from AOCI, net unrealized and realized (loss) gain on effective hedges | (4.6) | 0.9 |
| Amortization of retirement liability items: | 0.2 | 0.2 |
| Amortization of prior service credit related to pension and postretirement plan, tax benefit | 0.1 | 0.1 |
| Amounts reclassified from AOCI, retirement liability adjustment | 0.1 | 0.1 |
| Amounts reclassified from AOCI, foreign currency translation adjustments | (2.0) | 0 |
| Amounts reclassified from AOCI, foreign currency translation adjustments, tax effect | 0 | 0 |
| Amounts reclassified from AOCI, foreign currency translation adjustments, net of tax | (2.0) | 0 |
|
Foreign Exchange Forward Inventory Purchases [Member]
|
||
| Realized (loss) gain on effective hedges | (3.4) | 3.2 |
|
Interest Rate Contract [Member]
|
||
| Realized (loss) gain on effective hedges | $ (1.9) | $ (1.2) |
| X | ||||||||||
|
- Definition
Amount before tax of reclassification adjustment from accumulated other comprehensive (income) loss for prior service cost (credit) related to pension and other postretirement benefit plans. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of tax (expense) benefit of reclassification adjustment from accumulated other comprehensive (income) loss for prior service cost (credit) related to pension and other postretirement benefit plans. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount before tax of reclassification adjustment from accumulated other comprehensive income for translation gain (loss) realized upon the sale or liquidation of an investment in a foreign entity and foreign currency hedges that are designated and qualified as hedging instruments for hedges of the foreign currency exposure of a net investment in a foreign operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount after tax of reclassification adjustment from accumulated other comprehensive income for translation gain (loss) realized upon the sale or liquidation of an investment in a foreign entity and foreign currency hedges that are designated and qualified as hedging instruments for hedges of the foreign currency exposure of a net investment in a foreign operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of tax expense (benefit) of reclassification adjustment from accumulated other comprehensive income for translation gain (loss) realized upon the sale or liquidation of an investment in a foreign entity and foreign currency hedges that are designated and qualified as hedging instruments for hedges of the foreign currency exposure of a net investment in a foreign operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount before tax of reclassification adjustment from accumulated other comprehensive income of accumulated gain (loss) realized from derivative instruments designated and qualifying as the effective portion of cash flow hedges and an entity's share of an equity investee's deferred hedging gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount after tax of reclassification adjustment from accumulated other comprehensive income of accumulated gain (loss) realized from derivative instruments designated and qualifying as the effective portion of cash flow hedges and an entity's share of an equity investee's deferred hedging gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of tax expense (benefit) of reclassification adjustment from accumulated other comprehensive income of accumulated gain (loss) realized from derivative instruments designated and qualifying as the effective portion of cash flow hedges and an entity's share of an equity investee's deferred hedging gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount after tax of reclassification adjustment from accumulated other comprehensive income (loss) for actuarial gain (loss) related to pension and other postretirement benefit plans. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
STOCKHOLDERS' EQUITY (Details) (USD $)
In Millions, except Per Share data, unless otherwise specified |
0 Months Ended | ||||
|---|---|---|---|---|---|
|
May 04, 2014
|
Feb. 02, 2014
|
May 05, 2013
|
Feb. 13, 2013
Warnaco acquisition [Member]
|
May 05, 2013
Warnaco acquisition [Member]
|
|
| Business Acquisition [Line Items] | |||||
| Business acquisition, equity interest issued or issuable, number of shares | 7.7 | ||||
| Common stock, par value (in dollars per share) | $ 1 | $ 1 | $ 1 | $ 1.00 | $ 1.00 |
| X | ||||||||||
|
- Definition
Number of shares of equity interests issued or issuable to acquire entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Face amount or stated value per share of common stock. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
ACTIVITY EXIT COSTS (Details) (Warnaco Integration Costs [Member], USD $)
In Millions, unless otherwise specified |
3 Months Ended | 18 Months Ended |
|---|---|---|
|
May 04, 2014
|
May 04, 2014
|
|
| Restructuring Cost and Reserve [Line Items] | ||
| Restructuring and Related Cost, Incurred Cost Excluding Inventory Liquidation | $ 13.8 | |
| Total costs expected to be incurred | 276.1 | |
| Total costs incurred | 14.8 | |
| Restructuring and Related Cost, Cost Incurred to Date | 223.4 | |
| Restructuring Reserve [Roll Forward] | ||
| Total liability, beginning of period | 48.9 | |
| Total costs paid | 27.9 | |
| Total liability, end of period | 34.8 | 34.8 |
|
Severance, termination benefits and other costs [Member]
|
||
| Restructuring Cost and Reserve [Line Items] | ||
| Total costs expected to be incurred | 170.0 | |
| Total costs incurred | 7.4 | |
| Restructuring and Related Cost, Cost Incurred to Date | 138.9 | |
| Restructuring Reserve [Roll Forward] | ||
| Total liability, beginning of period | 33.6 | |
| Total costs paid | 14.4 | |
| Total liability, end of period | 26.6 | 26.6 |
|
Inventory liquidation costs[Member]
|
||
| Restructuring Cost and Reserve [Line Items] | ||
| Total costs expected to be incurred | 36.1 | |
| Total costs incurred | 1.0 | |
| Restructuring and Related Cost, Cost Incurred to Date | 36.1 | |
|
Lease/contract termination and related costs [Member]
|
||
| Restructuring Cost and Reserve [Line Items] | ||
| Total costs expected to be incurred | 70.0 | |
| Total costs incurred | 6.4 | |
| Restructuring and Related Cost, Cost Incurred to Date | 48.4 | |
| Restructuring Reserve [Roll Forward] | ||
| Total liability, beginning of period | 15.3 | |
| Total costs paid | 13.5 | |
| Total liability, end of period | 8.2 | 8.2 |
|
Calvin Klein North America [Member]
|
||
| Restructuring Cost and Reserve [Line Items] | ||
| Total costs incurred | 2.9 | |
|
Calvin Klein International [Member]
|
||
| Restructuring Cost and Reserve [Line Items] | ||
| Total costs incurred | 6.5 | |
|
Heritage Brands Wholesale [Member]
|
||
| Restructuring Cost and Reserve [Line Items] | ||
| Total costs incurred | 3.6 | |
|
Corporate Segment [Member]
|
||
| Restructuring Cost and Reserve [Line Items] | ||
| Total costs incurred | $ 0.8 |
| 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. (excl inventory liquidation) No definition available.
|
| X | ||||||||||
|
- Definition
Amount of cash payments made as the result of exit or disposal activities. Excludes payments associated with a discontinued operation or an asset retirement obligation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| 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 recognized in earnings 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
|
|
NET INCOME (LOSS) PER COMMON SHARE (Details) (USD $)
In Millions, except Per Share data, unless otherwise specified |
3 Months Ended | |
|---|---|---|
|
May 04, 2014
|
May 05, 2013
|
|
| Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items] | ||
| Net income (loss) attributable to PVH Corp. | $ 35.3 | $ (10.3) |
| Weighted average common shares outstanding for basic net income (loss) per common share | 82.2 | 80.0 |
| Weighted average impact of dilutive securities | 1.0 | 0 |
| Total shares for diluted net income (loss) per common share | 83.2 | 80.0 |
| Basic net income (loss) per common share attributable to PVH Corp. | $ 0.43 | $ (0.13) |
| Diluted net income (loss) per common share attributable to PVH Corp. | $ 0.42 | $ (0.13) |
| Weighted average potentially dilutive securities | 0.3 | 3.7 |
| 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
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| X | ||||||||||
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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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| X | ||||||||||
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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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| X | ||||||||||
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- Details
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| X | ||||||||||
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- 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
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| X | ||||||||||
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- 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
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| X | ||||||||||
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- 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
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| X | ||||||||||
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- 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
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|
NET INCOME (LOSS) PER COMMON SHARE - DILUTED (Details)
In Millions, unless otherwise specified |
May 04, 2014
|
May 05, 2013
|
|---|---|---|
| Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items] | ||
| Number of dilutive shares that could be issued upon vesting | 0.8 | 0.2 |
| X | ||||||||||
|
- Definition
Represents the number of dilutive shares that could be issued upon vesting. No definition available.
|
| X | ||||||||||
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- Details
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|
NONCASH INVESTING AND FINANCING ACTIVITIES (Details) (USD $)
In Millions, except Per Share data, unless otherwise specified |
0 Months Ended | 3 Months Ended | ||
|---|---|---|---|---|
|
Feb. 13, 2013
|
May 04, 2014
|
May 05, 2013
|
Feb. 02, 2014
|
|
| Nonmonetary Transaction [Line Items] | ||||
| Liabilities incurred related to contingent purchase price payments | $ 11.2 | |||
| Contingent purchase price payments | 11.6 | 14.2 | ||
| Deferred debt issuance costs | 17.5 | 5.8 | ||
| Common stock, par value (in dollars per share) | $ 1 | $ 1 | $ 1 | |
| Warnaco employee replacement stock awards | 39.8 | |||
| Capital Lease Obligations Incurred | 1.8 | 2.6 | ||
|
Calvin Klein licensing business [Member]
|
||||
| Nonmonetary Transaction [Line Items] | ||||
| Liabilities incurred related to contingent purchase price payments | 11.2 | 12.8 | ||
| Contingent purchase price payment terms | Due 45 days subsequent to the Company’s applicable quarter end | |||
| Contingent purchase price payments | 11.6 | 14.2 | ||
|
Warnaco acquisition [Member]
|
||||
| Nonmonetary Transaction [Line Items] | ||||
| Stock issued during period, shares, acquisitions | 7.7 | |||
| Common stock, par value (in dollars per share) | $ 1.00 | $ 1.00 | ||
| Increase in common stock | 7.3 | |||
| Increase in additional paid in capital | 888.9 | |||
| Decrease in treasury stock | 30.3 | |||
| Warnaco employee replacement stock awards | 39.8 | 39.8 | ||
| Elimination of pre-acquisition liability to Warnaco | 9.2 | 9.2 | ||
|
Calvin Klein Australia Joint Venture [Member]
|
||||
| Nonmonetary Transaction [Line Items] | ||||
| Increase In Investment Balances Related to Deconsolidation of Joint Ventures | 3.7 | |||
|
Calvin Klein India Joint Venture [Member]
|
||||
| Nonmonetary Transaction [Line Items] | ||||
| Increase In Investment Balances Related to Deconsolidation of Joint Ventures | $ 6.2 | |||
| X | ||||||||||
|
- Definition
Represents increases or decreases in treasury stock not separately disclosed. No definition available.
|
| X | ||||||||||
|
- Definition
Contingent purchase price payment terms No definition available.
|
| X | ||||||||||
|
- Definition
Increase in common stock during period. No definition available.
|
| X | ||||||||||
|
- Definition
Increase In Investment Balances Related to Deconsolidation of Joint Ventures No definition available.
|
| X | ||||||||||
|
- Definition
Represents a pre-acquisition liability payable to Warnaco. No definition available.
|
| X | ||||||||||
|
- Definition
Issuance of replacement stock awards pertaining to employee stock-based compensation grants, issued in connection with the acquisition of Warnaco and included in the total acquisition consideration. No definition available.
|
| X | ||||||||||
|
- Definition
Amount of other increase (decrease) in additional paid in capital (APIC). No definition available.
|
| X | ||||||||||
|
- Definition
Amount of (increase) in the value of right to a contingent consideration asset. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The increase during the period in capital lease obligations due to entering into new capital leases. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Face amount or stated value per share of common stock. 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 of stock issued during the period pursuant to acquisitions. 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 Millions, unless otherwise specified |
3 Months Ended | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
May 04, 2014
segment
|
May 05, 2013
|
Feb. 02, 2014
|
|||||||||||||||||||
| Segment Reporting Information [Line Items] | |||||||||||||||||||||
| Revenue Decrease due to Sale of Bass | $ 46.5 | ||||||||||||||||||||
| Segment Reporting, Number of Reportable Segments | 6 | ||||||||||||||||||||
| Net sales | 1,871.5 | 1,823.0 | |||||||||||||||||||
| Royalty revenue | 69.4 | 67.1 | |||||||||||||||||||
| Advertising and other revenue | 22.8 | 20.1 | |||||||||||||||||||
| Total revenue | 1,963.7 | 1,910.2 | |||||||||||||||||||
| Income before interest and taxes | 84.5 | 18.4 | |||||||||||||||||||
| Debt modification and extinguishment costs | 93.1 | 40.4 | |||||||||||||||||||
| Assets | 11,629.0 | 11,592.7 | 11,575.6 | ||||||||||||||||||
| Gain upon deconsolidation | 8.0 | 0 | |||||||||||||||||||
|
Calvin Klein North America [Member]
|
|||||||||||||||||||||
| Segment Reporting Information [Line Items] | |||||||||||||||||||||
| Net sales | 301.6 | 293.3 | |||||||||||||||||||
| Royalty revenue | 25.5 | 25.4 | |||||||||||||||||||
| Advertising and other revenue | 10.5 | 8.7 | |||||||||||||||||||
| Total revenue | 337.6 | 327.4 | |||||||||||||||||||
| Income before interest and taxes | 41.1 | [1] | 12.4 | [2] | |||||||||||||||||
|
Calvin Klein International [Member]
|
|||||||||||||||||||||
| Segment Reporting Information [Line Items] | |||||||||||||||||||||
| Sales returns | 30.0 | ||||||||||||||||||||
| Net sales | 300.2 | 255.2 | [3] | ||||||||||||||||||
| Royalty revenue | 19.4 | 18.4 | |||||||||||||||||||
| Advertising and other revenue | 8.1 | 6.9 | |||||||||||||||||||
| Total revenue | 327.7 | 280.5 | |||||||||||||||||||
| Income before interest and taxes | 32.8 | [1],[4] | (36.5) | [2] | |||||||||||||||||
| Gain upon deconsolidation | 8.0 | ||||||||||||||||||||
|
Tommy Hilfiger North America [Member]
|
|||||||||||||||||||||
| Segment Reporting Information [Line Items] | |||||||||||||||||||||
| Net sales | 354.2 | 337.7 | |||||||||||||||||||
| Royalty revenue | 6.0 | 6.4 | |||||||||||||||||||
| Advertising and other revenue | 2.2 | 2.5 | |||||||||||||||||||
| Total revenue | 362.4 | 346.6 | |||||||||||||||||||
| Income before interest and taxes | 40.2 | 46.0 | |||||||||||||||||||
|
Tommy Hilfiger International [Member]
|
|||||||||||||||||||||
| Segment Reporting Information [Line Items] | |||||||||||||||||||||
| Net sales | 484.6 | 451.8 | |||||||||||||||||||
| Royalty revenue | 14.0 | 11.8 | |||||||||||||||||||
| Advertising and other revenue | 1.4 | 1.2 | |||||||||||||||||||
| Total revenue | 500.0 | 464.8 | |||||||||||||||||||
| Income before interest and taxes | 75.0 | 72.1 | |||||||||||||||||||
|
Heritage Brands Wholesale [Member]
|
|||||||||||||||||||||
| Segment Reporting Information [Line Items] | |||||||||||||||||||||
| Net sales | 354.9 | 354.5 | |||||||||||||||||||
| Royalty revenue | 3.9 | 4.0 | |||||||||||||||||||
| Advertising and other revenue | 0.5 | 0.6 | |||||||||||||||||||
| Total revenue | 359.3 | 359.1 | |||||||||||||||||||
| Income before interest and taxes | 27.0 | [1] | 28.4 | [2] | |||||||||||||||||
|
Heritage Brands Retail [Member]
|
|||||||||||||||||||||
| Segment Reporting Information [Line Items] | |||||||||||||||||||||
| Net sales | 76.0 | [5] | 130.5 | ||||||||||||||||||
| Royalty revenue | 0.6 | 1.1 | |||||||||||||||||||
| Advertising and other revenue | 0.1 | 0.2 | |||||||||||||||||||
| Total revenue | 76.7 | 131.8 | |||||||||||||||||||
| Income before interest and taxes | (3.2) | [6] | (6.8) | ||||||||||||||||||
| Costs Related to Disposition of Business | 1.0 | ||||||||||||||||||||
|
Corporate Segment [Member]
|
|||||||||||||||||||||
| Segment Reporting Information [Line Items] | |||||||||||||||||||||
| Debt modification and extinguishment costs | 93.1 | ||||||||||||||||||||
|
Unallocated amount to segment [Member]
|
|||||||||||||||||||||
| Segment Reporting Information [Line Items] | |||||||||||||||||||||
| Income before interest and taxes | (128.4) | [1],[7] | (97.2) | [2],[8] | |||||||||||||||||
| Debt modification and extinguishment costs | 40.4 | ||||||||||||||||||||
|
Warnaco acquisition [Member] | Warnaco Integration Costs [Member]
|
|||||||||||||||||||||
| Segment Reporting Information [Line Items] | |||||||||||||||||||||
| Business Combination, Integration Related Costs | 32.6 | ||||||||||||||||||||
|
Warnaco acquisition [Member] | Warnaco Integration Costs [Member] | Calvin Klein North America [Member]
|
|||||||||||||||||||||
| Segment Reporting Information [Line Items] | |||||||||||||||||||||
| Business Combination, Integration Related Costs | 5.0 | ||||||||||||||||||||
|
Warnaco acquisition [Member] | Warnaco Integration Costs [Member] | Calvin Klein International [Member]
|
|||||||||||||||||||||
| Segment Reporting Information [Line Items] | |||||||||||||||||||||
| Business Combination, Integration Related Costs | 11.2 | ||||||||||||||||||||
|
Warnaco acquisition [Member] | Warnaco Integration Costs [Member] | Heritage Brands Wholesale [Member]
|
|||||||||||||||||||||
| Segment Reporting Information [Line Items] | |||||||||||||||||||||
| Business Combination, Integration Related Costs | 4.0 | ||||||||||||||||||||
|
Warnaco acquisition [Member] | Warnaco Integration Costs [Member] | Unallocated amount to segment [Member]
|
|||||||||||||||||||||
| Segment Reporting Information [Line Items] | |||||||||||||||||||||
| Business Combination, Integration Related Costs | 12.4 | ||||||||||||||||||||
|
Warnaco acquisition [Member] | Warnaco Acquisition and Integration Costs [Member]
|
|||||||||||||||||||||
| Segment Reporting Information [Line Items] | |||||||||||||||||||||
| Business Combination, Integration Related Costs | 182.5 | ||||||||||||||||||||
|
Warnaco acquisition [Member] | Warnaco Acquisition and Integration Costs [Member] | Calvin Klein North America [Member]
|
|||||||||||||||||||||
| Segment Reporting Information [Line Items] | |||||||||||||||||||||
| Business Combination, Integration Related Costs | 41.0 | ||||||||||||||||||||
|
Warnaco acquisition [Member] | Warnaco Acquisition and Integration Costs [Member] | Calvin Klein International [Member]
|
|||||||||||||||||||||
| Segment Reporting Information [Line Items] | |||||||||||||||||||||
| Business Combination, Integration Related Costs | 88.8 | ||||||||||||||||||||
|
Warnaco acquisition [Member] | Warnaco Acquisition and Integration Costs [Member] | Heritage Brands Wholesale [Member]
|
|||||||||||||||||||||
| Segment Reporting Information [Line Items] | |||||||||||||||||||||
| Business Combination, Integration Related Costs | 17.5 | ||||||||||||||||||||
|
Warnaco acquisition [Member] | Warnaco Acquisition and Integration Costs [Member] | Unallocated amount to segment [Member]
|
|||||||||||||||||||||
| Segment Reporting Information [Line Items] | |||||||||||||||||||||
| Business Combination, Integration Related Costs | $ 35.1 | ||||||||||||||||||||
|
|||||||||||||||||||||
| 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 Related to Disposition of Business No definition available.
|
| X | ||||||||||
|
- Definition
Amount represents 1) costs incurred in the modification of term of existing debt agreement, including a loss to write-off previously capitalized debt issuance costs, or 2) the difference between the fair value of payments made and the carrying amount of the debt at time of extinguishment. No definition available.
|
| X | ||||||||||
|
- Definition
Revenue Decrease due to Sale of Bass No definition available.
|
| X | ||||||||||
|
- 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
|
| 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
The amount of the gain (loss) recognized by the parent and included in its attributable portion of net income for the period due to deconsolidation of a subsidiary or derecognition of a group of assets. The gain (loss) recognized and included in the net income attributable to the parent for the period is generally computed as the difference between: (a) the aggregate of: (1) the fair value of any consideration received; (2) the fair value of any retained noncontrolling investment in the former subsidiary at the date the subsidiary was deconsolidated; and (3) the carrying amount of any noncontrolling interest in the former subsidiary (including any accumulated other comprehensive income attributable to the noncontrolling interest) at the date the subsidiary was deconsolidated and (b) the carrying amount of the former subsidiary's assets and liabilities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
This element represents the income or loss from continuing operations (before interest income and interest expense) 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 interest income, interest expense, income taxes, extraordinary items, and noncontrolling interest. No definition available.
|
| X | ||||||||||
|
- Definition
Number of segments reported by the entity. A reportable segment is a component of an entity for which there is an accounting requirement to report separate financial information on that component in the entity's financial statements. 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
The aggregate refunds recognized during an accounting period due to goods returned by customers (other than under warranty provisions). Returns are a deduction from gross revenue in arriving at net revenue. 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 Millions, unless otherwise specified |
May 04, 2014
|
|---|---|
| Guarantor Obligations [Line Items] | |
| Guarantor Obligations, Maximum Exposure, Undiscounted | $ 4.1 |
| Guarantee Obligations Recourse | 2.5 |
|
Sale Of Bass [Member]
|
|
| Guarantor Obligations [Line Items] | |
| Guarantor Obligations, Maximum Exposure, Undiscounted | 72.8 |
| Guarantees, Fair Value Disclosure | $ 3.8 |
| 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
|
| X | ||||||||||
|
- Definition
Fair value portion of guarantee, including, but not limited to, financial standby letter of credit, fair value guarantee, guarantee of collection of scheduled contractual cash flows from financial assets, and contracts that contingently require the guarantor to make payments or perform services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|