Document and Entity Information Document
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9 Months Ended | |
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Nov. 01, 2015
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Dec. 02, 2015
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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 | --01-31 | |
Entity Filer Category | Large Accelerated Filer | |
Document Type | 10-Q | |
Document Period End Date | Nov. 01, 2015 | |
Document Fiscal Year Focus | 2015 | |
Document Fiscal Period Focus | Q3 | |
Amendment Flag | false | |
Entity Common Stock, Shares Outstanding | 81,946,098 | |
Entity Well-known Seasoned Issuer | Yes | |
Entity Voluntary Filers | No | |
Entity Current Reporting Status | Yes |
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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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Consolidated Income Statements (USD $)
In Millions, except Per Share data, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||||||||
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Nov. 01, 2015
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Nov. 02, 2014
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Nov. 01, 2015
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Nov. 02, 2014
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Income Statement [Abstract] | ||||||||||
Net sales | $ 2,040.9 | [1] | $ 2,114.0 | $ 5,591.9 | [1] | $ 5,876.0 | ||||
Royalty revenue | 97.4 | [1] | 89.3 | 247.0 | [1] | 224.0 | ||||
Advertising and other revenue | 26.2 | [1] | 29.8 | 68.9 | [1] | 72.4 | ||||
Total revenue | 2,164.5 | [1] | 2,233.1 | 5,907.8 | [1] | 6,172.4 | ||||
Cost of goods sold (exclusive of depreciation and amortization) | 1,063.5 | 1,065.6 | 2,819.1 | 2,917.0 | ||||||
Gross profit | 1,101.0 | 1,167.5 | 3,088.7 | 3,255.4 | ||||||
Selling, general and administrative expenses | 853.8 | 892.9 | 2,519.2 | 2,647.8 | ||||||
Debt modification and extinguishment costs | 0 | 0 | 0 | 93.1 | ||||||
Equity in net income of unconsolidated affiliates | 6.4 | 5.3 | 15.0 | 9.2 | ||||||
Income before interest and taxes | 253.6 | [2] | 279.9 | 584.5 | [2] | 523.7 | ||||
Interest expense | 28.4 | 33.6 | 88.5 | 110.7 | ||||||
Interest income | 1.0 | 1.5 | 3.3 | 4.2 | ||||||
Income before taxes | 226.2 | 247.8 | 499.3 | 417.2 | ||||||
Income tax expense | 4.3 | 22.1 | 61.1 | 29.8 | ||||||
Net Income | 221.9 | 225.7 | 438.2 | 387.4 | ||||||
Less: Net loss attributable to redeemable non-controlling interest | 0 | 0 | 0 | (0.1) | ||||||
Net income attributable to PVH Corp. | $ 221.9 | $ 225.7 | $ 438.2 | $ 387.5 | ||||||
Basic net income per common share attributable to PVH Corp. | $ 2.69 | $ 2.74 | $ 5.31 | $ 4.71 | ||||||
Diluted net income per common share attributable to PVH Corp. | $ 2.67 | $ 2.71 | $ 5.26 | $ 4.66 | ||||||
Dividends declared per common share | $ 0.0375 | $ 0.0375 | $ 0.1500 | $ 0.1500 | ||||||
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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 (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||
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Nov. 01, 2015
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Nov. 02, 2014
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Nov. 01, 2015
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Nov. 02, 2014
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Net Income | $ 221.9 | $ 225.7 | $ 438.2 | $ 387.4 |
Foreign currency translation adjustments, net of tax expense (benefit) | (10.0) | (217.6) | (150.1) | (207.4) |
Amortization of prior service credit related to pension and postretirement plans, net of tax (benefit) | (0.1) | (0.2) | (0.2) | (0.4) |
Net unrealized and realized (loss) gain related to effective hedges, net of tax (benefit) expense | (25.2) | 28.5 | (48.4) | 36.5 |
Comprehensive income | 186.6 | 36.4 | 239.5 | 216.1 |
Less: Comprehensive income attributable to redeemable non-controlling interest | 0 | 0 | 0 | 0.5 |
Total comprehensive income attributable to PVH Corp. | $ 186.6 | $ 36.4 | $ 239.5 | $ 215.6 |
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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 (loss) and other comprehensive income (loss), 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 (Loss) Income (Parenthetical) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||
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Nov. 01, 2015
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Nov. 02, 2014
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Nov. 01, 2015
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Nov. 02, 2014
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Foreign currency translation adjustments, tax expense (benefit) | $ 0 | $ 1.2 | $ (0.4) | $ (2.1) |
Amortization of prior service credit related to pension and postretirement plans, tax (benefit) | 0 | (0.1) | (0.1) | (0.3) |
Net unrealized and realized (loss) gain related to effective hedges, tax (benefit) expense | $ (8.6) | $ 1.3 | $ (9.1) | $ 1.3 |
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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, before reclassification adjustments, related to (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
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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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X | ||||||||||
- 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
The cumulative amount of the reporting entity's undistributed earnings or deficit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Reflects the total carrying amount as of the balance sheet date of debt having initial terms less than one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- 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 |
Nov. 01, 2015
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Feb. 01, 2015
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Nov. 02, 2014
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Current Assets: | |||
Allowance for doubtful accounts | $ 17.6 | $ 19.0 | $ 19.8 |
Other current assets, deferred taxes | 85.2 | 115.4 | 86.5 |
Other Assets: | |||
Other assets, deferred taxes | 14.0 | 7.1 | 32.8 |
Liabilities: | |||
Accrued expenses, deferred taxes | 0 | 0.5 | 0 |
Other liabilities, deferred taxes | $ 951.7 | $ 1,004.3 | $ 1,102.5 |
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) | 83,491,141 | 83,116,062 | 83,044,291 |
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) | 1,409,747 | 603,482 | 598,814 |
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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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- Definition
Face amount or stated value per share of common stock. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- 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 | ||||||||||
- 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 | ||||||||||
- 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 | ||||||||||
- 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
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X | ||||||||||
- Definition
Amount, after deferred tax asset, of deferred tax liability attributable to taxable differences, netted by jurisdiction and classified as current. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
Amount, after deferred tax asset, of deferred tax liability attributable to taxable differences, netted by jurisdiction and classified as noncurrent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Details
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X | ||||||||||
- Details
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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
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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
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X | ||||||||||
- Details
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X | ||||||||||
- 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
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.
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X | ||||||||||
- Definition
Redemption Of Senior Notes Due 2020 No definition available.
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X | ||||||||||
- Details
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X | ||||||||||
- Definition
Amount of write-down of assets recognized in the income statement. Includes, but is not limited to, losses from tangible assets, intangible assets and goodwill. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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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
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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
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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
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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
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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 | ||||||||||
- 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 | ||||||||||
- 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 | ||||||||||
- Details
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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
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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
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
|
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 cash inflow from amounts received from issuance of long-term debt that is wholly or partially secured by collateral. Excludes proceeds from tax exempt secured debt. 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
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 cash outflow to repay long-term debt that is wholly or partially secured by collateral. Excludes repayments of tax exempt secured debt. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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GENERAL
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9 Months Ended |
---|---|
Nov. 01, 2015
|
|
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 for North America and the Caribbean, as well as various other owned, licensed and private label brands. The Company designs and markets branded dress shirts, neckwear, sportswear, jeanswear, underwear, intimate apparel, swim products, 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”) in 2013, 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 shareholders 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 Company no longer is deemed to hold a controlling interest and the joint venture was deconsolidated. As a result, since the first quarter of 2014, the Company’s investment in the joint venture has been 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 periods ending on the Sunday closest to February 1 of each calendar year 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 is made to the Company’s audited consolidated financial statements, including the notes thereto, included in the Company’s Annual Report on Form 10-K for the year ended February 1, 2015. 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 and thirty-nine weeks ended November 1, 2015 and November 2, 2014 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. The Company records warehousing and distribution expenses as a component of selling, general and administrative expenses in its Consolidated Income Statements. Warehousing and distribution expenses totaled $62.5 million and $64.9 million in the thirteen weeks ended November 1, 2015 and November 2, 2014, respectively, and totaled $173.2 million and $191.3 million in the thirty-nine weeks ended November 1, 2015 and November 2, 2014, respectively. 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. |
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- Details
|
X | ||||||||||
- Definition
The entire disclosure for organization, consolidation and basis of presentation of financial statements disclosure. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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INVENTORIES
|
9 Months Ended |
---|---|
Nov. 01, 2015
|
|
Notes to Financial Statements [Abstract] | |
INVENTORIES | INVENTORIES Inventories are comprised principally of finished goods and are stated at the lower of cost or market. Cost for principally all wholesale inventories in North America and certain wholesale and retail inventories in Asia and Latin America is determined using the first-in, first-out method. Cost for all other inventories is determined using the weighted average cost method. The Company reviews current business trends, inventory aging and discontinued merchandise categories to determine adjustments that it estimates will be needed to liquidate existing clearance inventories and record inventories at the lower of cost or market. |
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
The entire disclosure for inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. For LIFO inventory, may disclose the amount and basis for determining the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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ACQUISITIONS
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9 Months Ended |
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Nov. 01, 2015
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|
Notes to Financial Statements [Abstract] | |
ACQUISITIONS | ACQUISITIONS Acquisition of Russia Franchisee During the first quarter of 2014, the Company acquired for $4.3 million two Tommy Hilfiger stores in Russia from a former Tommy Hilfiger franchisee. This transaction was accounted for as a business combination. Acquisition of Ireland Franchisee During the first quarter of 2014, the Company acquired for $3.1 million six Tommy Hilfiger stores in Ireland from a former Tommy Hilfiger franchisee. This transaction was accounted for as a business combination. Acquisition of Calvin Klein Performancewear Retail Businesses in Hong Kong and China During the third quarter of 2014, the Company acquired for $6.7 million the Calvin Klein performancewear retail businesses in Hong Kong and China from a former Calvin Klein sublicensee. This transaction was accounted for as a business combination. The Company finalized the adjustment to the purchase price during 2015. |
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X | ||||||||||
- 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
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9 Months Ended |
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Nov. 01, 2015
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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 Kingdom Holding 1 B.V., the parent company of the Karl Lagerfeld brand, (“Karl Lagerfeld”) during the first quarter of 2014 for $18.9 million. An employee of the Company, who is also a former director, owns approximately 35% of Karl Lagerfeld. The Company has significant influence as defined under FASB guidance with respect to this investment, which is being accounted for under the equity method of accounting. Calvin Klein, Tommy Hilfiger and Heritage Brands 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 subsidiary of the Company 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 the contributed subsidiaries and recognized a net gain of $2.1 million during the first quarter of 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 in PVH Australia and the carrying value of the net assets and cash contributed. The fair value of PVH Australia was determined by a third party valuation firm using the discounted cash flow method, based on net sales projections for the Calvin Klein business in Australia, New Zealand, and other island nations in the South Pacific and was discounted using a rate of return that accounted for the relative risks of the estimated future cash flows. During the first quarter of 2015, the Company completed a transaction in which the Tommy Hilfiger and Van Heusen trademarks in Australia were licensed for certain product categories to subsidiaries of PVH Australia for use in Australia, New Zealand and, in the case of Tommy Hilfiger, other island nations in the South Pacific. The Tommy Hilfiger trademarks had previously been licensed to a third party and the Van Heusen trademarks had previously been licensed to the Company’s joint venture partner in PVH Australia. The Company made net payments of $21.0 million and $7.3 million to PVH Australia during the thirty-nine weeks ended November 1, 2015 and November 2, 2014, respectively, representing its 50% share of the joint venture funding. This investment is being accounted for under the equity method of accounting. Calvin Klein India The Company acquired a 51% economic interest in a Calvin Klein joint venture in India, Premium Garments Wholesale Trading Private Limited (“CK India”), as part of the Warnaco acquisition. The joint venture licenses from a Company subsidiary the rights to the Calvin Klein trademarks in India for certain product categories. Beginning with the first quarter of 2014, this investment has been accounted for under the equity method of accounting. Please see Note 5, “Redeemable Non-Controlling Interest,” for a further discussion. The Company made payments of $4.0 million to CK India during the thirty-nine weeks ended November 1, 2015 to contribute its 51% share of the joint venture funding. Tommy Hilfiger Brazil The Company formed a joint venture, Tommy Hilfiger do Brasil S.A. (“TH Brazil”), 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 for certain product categories. The Company made a payment of $1.6 million to TH Brazil during the thirty-nine weeks ended November 1, 2015 to contribute its 40% share of the joint venture funding. 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 began operating the Tommy Hilfiger wholesale and retail distribution businesses in China in 2011. The joint venture licenses from a Company subsidiary the Tommy Hilfiger trademarks for use in connection with 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 certain 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 November 1, 2015, February 1, 2015 and November 2, 2014 is $143.1 million, $108.3 million and $113.7 million, respectively, related to these investments in unconsolidated affiliates. |
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X | ||||||||||
- Definition
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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9 Months Ended |
---|---|
Nov. 01, 2015
|
|
Redeemable Non-Controlling Interest Disclosure [Abstract] | |
REDEEMABLE NON-CONTROLLING INTEREST | REDEEMABLE NON-CONTROLLING INTEREST CK India was consolidated in the Company’s financial statements during 2013. During the first quarter of 2014, Arvind Limited, the Company’s joint venture partner in TH India, purchased the Company’s prior joint venture partners’ shares in CK India and, as a result of the entry into a shareholders agreement with different governing arrangements between the Company and Arvind Limited as compared to the arrangements with the prior minority shareholders, the Company no longer is deemed to hold 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 first quarter of 2014 that was recorded in selling, general and administrative expenses in the Company’s Consolidated Income Statements. The gain was measured as the difference between the fair value of the Company’s 51% interest in CK India and the carrying value. The fair value of CK India was determined by a third party valuation firm using the discounted cash flow method, based on net sales projections for the Calvin Klein business in India and was discounted using a rate of return that accounted for the relative risks of the estimated future cash flows. Please see Note 4, “Investments in Unconsolidated Affiliates,” for a further discussion. |
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- Details
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- Definition
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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Nov. 01, 2015
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GOODWILL | GOODWILL The changes in the carrying amount of goodwill for the thirty-nine weeks ended November 1, 2015, by segment (please see Note 18, “Segment Data,” for a further discussion), 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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Nov. 01, 2015
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Notes to Financial Statements [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
RETIREMENT AND BENEFIT PLANS | RETIREMENT AND BENEFIT PLANS The Company has five qualified defined benefit pension plans as of November 1, 2015 covering substantially all employees resident in the United States who meet certain age and service requirements. The plans provide monthly benefits upon retirement generally based on career average compensation and years of credited service. Vesting in plan benefits generally occurs after five years of service. The Company refers to these five noncontributory plans as its “Pension Plans.” The Company also acquired as part of the Warnaco acquisition a defined benefit pension plan for certain of Warnaco’s former employees in Europe. This plan was not considered to be material for disclosure purposes for any period presented. 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 program, which is an unfunded non-qualified supplemental defined benefit plan. 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 noncontributory 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 related to the Pension Plans was recognized in selling, general and administrative expenses in the Company’s Consolidated Income Statements as follows:
Net benefit cost related to the SERP Plans was recognized in selling, general and administrative expenses in the Company’s Consolidated Income Statements as follows:
Net benefit cost related to the Postretirement Plans was recognized in selling, general and administrative expenses in the Company’s Consolidated Income Statements as follows:
The Company made contributions of $1.5 million to the Pension Plans in the thirty-nine weeks ended November 1, 2015 and does not expect to make additional contributions to the Pension Plans during the remainder of 2015. |
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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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Nov. 01, 2015
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Debt Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
DEBT | DEBT Short-Term Borrowings One of the Company’s Asian subsidiaries has a yen-denominated overdraft facility with a Japanese bank that provides for borrowings of up to ¥1,000.0 million (approximately $8.3 million based on exchange rates in effect on November 1, 2015) and is utilized primarily 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 November 1, 2015, the Company had $8.3 million of borrowings outstanding under this facility. The weighted average interest rate on the funds borrowed at November 1, 2015 was 0.43%. The maximum amount of borrowings outstanding during the thirty-nine weeks ended November 1, 2015 was equal to the maximum amount of borrowings available under this facility. One of the Company’s European subsidiaries has short-term revolving notes with a number of banks at various interest rates, as well as euro-denominated overdraft facilities, that provide for borrowings of up to €60.0 million (approximately $66.1 million based on exchange rates in effect on November 1, 2015). These facilities are used primarily to fund working capital needs. There were no borrowings outstanding under these facilities as of or during the thirty-nine weeks ended November 1, 2015. One of the Company’s European subsidiaries has a United States dollar-denominated short-term line of credit facility with a Turkish bank that provides for borrowings of up to $3.7 million and is utilized primarily to fund working capital needs. Borrowings under this facility bear interest at the Turkish Central Bank lending rate plus 0.50%. As of November 1, 2015, the Company had $2.6 million of borrowings outstanding under this facility. The weighted average interest rate on the funds borrowed at November 1, 2015 was 12.77%. The maximum amount of borrowings outstanding during the thirty-nine weeks ended November 1, 2015 was $3.3 million. One of the Company’s European subsidiaries has Turkish lira-denominated short-term line of credit facilities with a number of Turkish banks that provide for borrowings of up to lira 6.0 million (approximately $2.1 million based on exchange rates in effect on November 1, 2015) and are utilized primarily to fund working capital needs. Borrowings under these facilities bear interest at the Turkish Central Bank lending rate plus 1.25%. There were no borrowings outstanding under these facilities as of or during the thirty-nine weeks ended November 1, 2015. One of the Company’s Mexican subsidiaries has peso-denominated short-term line of credit facilities with a number of banks at various interest rates that provide for borrowings of up to ₱267.1 million (approximately $16.1 million based on exchange rates in effect on November 1, 2015) and are utilized primarily to fund working capital needs. As of November 1, 2015, the Company had $7.0 million of borrowings outstanding under these facilities. The weighted average interest rate on the funds borrowed at November 1, 2015 was 4.71%. The maximum amount of borrowings outstanding during the thirty-nine weeks ended November 1, 2015 was $7.0 million. One of the Company’s Mexican subsidiaries has a United States dollar-denominated short-term revolving credit facility with a Mexican bank that provides for borrowings up to $10.0 million and is utilized primarily to fund working capital needs. Borrowings under this facility bear interest at the Interbank Equilibrium Interest Rate plus 0.90%. As of November 1, 2015, the Company had $9.7 million of borrowings outstanding under this facility. The weighted average interest rate on the funds borrowed at November 1, 2015 was 4.33%. The maximum amount of borrowings outstanding during the thirty-nine weeks ended November 1, 2015 was $9.7 million. One of the Company’s Asian subsidiaries has a United States dollar-denominated short-term revolving credit facility with a bank that provides for borrowings up to $10.0 million and is utilized primarily to fund working capital needs. Borrowings under this facility bear interest at the one-month London interbank borrowing rate (“LIBOR”) plus 1.50%. 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 bank. There were no borrowings outstanding under this facility as of or during the thirty-nine weeks ended November 1, 2015. One of the Company’s Latin American subsidiaries has Brazilian real-denominated short-term revolving credit facilities with a number of banks that provide for total available borrowings of R$83.0 million (approximately $21.4 million based on exchange rates in effect on November 1, 2015) and are utilized primarily 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 thirty-nine weeks ended November 1, 2015. The Company also has the ability to draw revolving borrowings under its senior secured credit facilities as discussed in the section entitled “2014 Senior Secured Credit Facilities” below. There were no borrowings outstanding under these facilities as of November 1, 2015. The maximum amount of revolving borrowings outstanding under these facilities during the thirty-nine weeks ended November 1, 2015 was $151.2 million. In addition, the Company has certain other facilities under which there were no borrowings outstanding as of or during the thirty-nine weeks ended November 1, 2015. Long-Term Debt The carrying amounts of the Company’s long-term debt were as follows:
As of November 1, 2015, the Company’s mandatory long-term debt repayments for the next five years were as follows:
Total debt repayments for the next five years exceed the carrying balance of the Company’s term loan facilities as of November 1, 2015 because the carrying balance reflects a portion of the original issue discount. As of November 1, 2015, after taking into account the effect of the Company’s interest rate swap and cap agreements discussed in the section below entitled “2014 Senior Secured Credit Facilities,” which were in effect as of such date, approximately 70% of the Company’s long-term debt had a fixed or capped rate, with the remainder at uncapped 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 the Company’s prior 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 or Swiss francs. On March 21, 2014, the Company amended and restated the 2013 facilities, as discussed in the following section. 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 at 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 below in the section entitled “7 3/8% Senior Notes Due 2020.” 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 or Swiss francs. The revolving credit facilities also include amounts available for letters of credit. As of November 1, 2015, the Company had no outstanding revolving credit borrowings and $31.1 million of outstanding 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. During the thirty-nine weeks ended November 1, 2015 and November 2, 2014, the Company made payments of $200.5 million and $244.7 million, respectively, on its term loans under the 2014 facilities. As of November 1, 2015, the Company had total term loans outstanding of $2,539.9 million, net of original issue discounts. The terms of each of Term Loan A and Term Loan B contain a mandatory quarterly repayment schedule. Due to previous voluntary payments, the Company is not required to make any additional mandatory payments under Term Loan B prior to maturity. 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 domestic subsidiaries (with certain exceptions) and Tommy Hilfiger Europe B.V., a wholly owned subsidiary of the Company organized in the Netherlands. 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). 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 Amendment. 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 Amendment. The current applicable margin with respect to the Term Loan A facility and each revolving credit facility is 1.50% for adjusted Eurocurrency rate loans and 0.50% 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 November 1, 2015, 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 2014, the Company entered into an interest rate cap agreement for an 18-month term commencing on August 18, 2014. The agreement was designed with the intended effect of capping the interest rate on an initial notional amount of $514.2 million of the Company’s variable rate debt obligation under the 2014 facilities, or any replacement facility with similar terms. Such agreement remains outstanding with a notional amount of $617.0 million as of November 1, 2015. Under the terms of this agreement, the one-month LIBOR that the Company will pay is capped at a rate of 1.50%. Therefore, the maximum amount of interest that the Company will pay on the then-outstanding notional amount will be at the 1.50% capped rate, plus the current applicable margin. During the second quarter of 2014, the Company entered into an interest rate swap agreement for a two-year term commencing on February 17, 2016. The agreement was designed with the intended effect of converting an initial notional amount of $682.6 million of the Company’s variable rate debt obligation under the 2014 facilities, or any replacement facility with similar terms, 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 weighted average fixed rate of 1.924%, plus the current applicable margin. 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 2013 facilities, or any replacement facility with similar terms, to fixed rate debt. Such agreement remains outstanding with a notional amount of $860.0 million as of November 1, 2015, and is now converting a portion of the Company’s variable rate debt obligation under 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. In addition, 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 2011 facilities, or any replacement facility with similar terms, to fixed rate debt. The agreement expired on June 6, 2014. The notional amount of each interest rate swap and cap will be adjusted according to a pre-set schedule during the term of each swap and cap 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 combined notional amount of the then-outstanding interest rate swaps and cap. 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. 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 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 2013 facilities 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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Nov. 01, 2015
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Notes to Financial Statements [Abstract] | |
INCOME TAXES | INCOME TAXES The effective income tax rates for the thirteen weeks ended November 1, 2015 and November 2, 2014 were 1.9% and 8.9%, respectively. The effective income tax rates for the thirty-nine weeks ended November 1, 2015 and November 2, 2014 were 12.2% and 7.1%, respectively. The effective income tax rates for the thirteen and thirty-nine weeks ended November 1, 2015 were lower than the United States statutory rate principally due to the benefit of lower tax rates in certain international jurisdictions where the Company files tax returns and the benefit of discrete items. The benefit of discrete items for the thirteen and thirty-nine weeks ended November 1, 2015 included the favorable impact on certain liabilities for uncertain tax positions from the expiration of applicable statutes of limitation. The effective income tax rates for the thirteen and thirty-nine weeks ended November 2, 2014 were lower than the United States statutory rate principally due to the benefit of lower tax rates in certain international jurisdictions where the Company files tax returns, the recognition of foreign tax credits generated from Warnaco integration activities and the benefit of discrete items. The benefit of discrete items for the thirteen and thirty-nine weeks ended November 2, 2014 included the favorable impact on certain liabilities for uncertain tax positions from the expiration of applicable statutes of limitation. The benefit of discrete items for the thirty-nine weeks ended November 2, 2014 also included the favorable resolution in the second quarter of 2014 of uncertain tax positions approximating $24.0 million in international jurisdictions, and of an uncertain tax position approximating $6.0 million related to European and United States transfer pricing arrangements. |
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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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Nov. 01, 2015
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Notes to Financial Statements [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
DERIVATIVE FINANCIAL INSTRUMENTS | DERIVATIVE FINANCIAL INSTRUMENTS The Company has exposure to changes in foreign currency exchange rates related to certain anticipated cash flows principally associated with certain international inventory purchases and certain intercompany transactions. The Company periodically uses foreign currency forward exchange contracts to hedge against a portion of this exposure. 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 and an interest rate cap agreement to hedge against a portion of this exposure. Please see Note 8, “Debt,” for a further discussion of the Company’s 2014 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 that are designated as effective hedging instruments (collectively referred to as “cash flow hedges”) are recorded in equity as a component of accumulated other comprehensive (loss) income (“AOCI”). The cash flows from such hedges are presented in the same category in the Company’s Consolidated Statements of Cash Flows as the items being hedged. No amounts were excluded from effectiveness testing. There was no ineffective portion of cash flow hedges during the thirty-nine weeks ended November 1, 2015 and November 2, 2014. 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 of the Company’s derivative financial instruments in its Consolidated Balance Sheets:
At November 1, 2015, the notional amount outstanding of foreign currency forward exchange contracts was $894.0 million. Such contracts expire principally between November 2015 and January 2017. The following table summarizes the effect of the Company’s hedges designated as cash flow hedging instruments:
A net gain in AOCI on foreign currency forward exchange contracts at November 1, 2015 of $44.1 million is estimated to be reclassified in the next 12 months in the Company’s 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 November 1, 2015 of $8.9 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 November 1, 2015. |
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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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Nov. 01, 2015
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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 (which the Company entered into in September 2011 in connection with its acquisition of its 50% ownership of TH India), the Company is required to make annual contingent purchase price payments based on a percentage of sales of Tommy Hilfiger products in India in excess of an agreed upon threshold during each of five consecutive 12-month periods (extended to a sixth consecutive 12-month period if the aggregate payments for the five 12-month periods are not at least $15.0 million, which appears will likely be the case). 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 $0.6 million, $0.6 million, $0.4 million and $0.2 million during 2015, 2014, 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 payments made to reduce the liability, changes in the fair value are included within selling, general and administrative expenses in the Company’s Consolidated Income Statements. The following table presents the change in the Level 3 contingent purchase price payment liability during the thirty-nine weeks ended November 1, 2015 and November 2, 2014:
Additional information with respect to assumptions used to value the contingent purchase price payment liability as of November 1, 2015 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. The following table shows the fair value of the Company’s non-financial assets and liabilities that were required to be remeasured at fair value on a nonrecurring basis (consisting of property, plant and equipment) during the thirty-nine weeks ended November 1, 2015 and November 2, 2014, and the total impairments recorded as a result of the remeasurement process:
Long-lived assets with a carrying amount of $2.8 million were written down to a fair value of zero during the thirty-nine weeks ended November 1, 2015 in connection with the financial performance in certain of the Company’s retail stores. Fair value was determined based on the estimated discounted future cash flows associated with the assets using current sales trends and market participant assumptions. The impairment charge of $2.8 million was included in selling, general and administrative expenses, of which $2.0 million was recorded in the Calvin Klein North America segment, $0.5 million was recorded in the Calvin Klein International segment and $0.3 million was recorded in the Tommy Hilfiger International segment. Long-lived assets with a carrying amount of $4.8 million were written down to a fair value of zero during the thirty-nine weeks ended November 2, 2014 in connection with the financial performance in certain of the Company’s retail stores. Fair value was determined based on the estimated discounted future cash flows associated with the assets using current sales trends and market participant assumptions. The impairment charge of $4.8 million was included in selling, general and administrative expenses, of which $0.1 million was recorded in the Calvin Klein North America segment, $3.4 million was recorded in the Tommy Hilfiger North America segment and $1.3 million was recorded in the Heritage Brands Retail segment. In connection with the sale of substantially all of the assets of the Company’s G. H. Bass & Co. (“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 remains in effect when an option is exercised to extend the term of the lease. The estimated fair value of these guarantee obligations as of November 1, 2015, February 1, 2015 and November 2, 2014 was $2.1 million, $3.0 million and $3.2 million, respectively, which was included in accrued expenses and other liabilities in the Company’s Consolidated Balance Sheets. The Company classifies these as Level 3 measurements. The fair value of such guarantee obligations was determined using the discounted cash flow method, based on the guaranteed lease payments, the estimated probability of lease extensions and estimates of the risk of default by the buyer of the Bass assets, and was discounted using rates of return that account for the relative risks of the estimated future cash flows. The carrying amounts and the fair values of the Company’s cash and cash equivalents, short-term borrowings and long-term debt as of November 1, 2015, February 1, 2015 and November 2, 2014 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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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 performance share units (“PSUs”); 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 November 1, 2015, the Company has granted under the 2006 Plan (i) service-based NQs, RSUs and restricted stock; (ii) contingently issuable PSUs; 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 and each share underlying a restricted stock award, RSU or PSU reduces the number available by two shares. Each share underlying a Warnaco employee replacement stock option, restricted stock, RSU or PSU 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 outstanding under the 2003 Plan. Such stock 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 stock options, restricted stock and restricted stock units made by Warnaco was assumed by the Company 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 was 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 over the awards’ remaining vesting periods. Net income for the thirty-nine weeks ended November 1, 2015 and November 2, 2014 included $31.4 million and $37.3 million, respectively, of pre-tax expense related to stock-based compensation, with recognized income tax benefits of $7.9 million and $9.5 million, respectively. Stock options currently outstanding, with the exception of the Warnaco employee replacement awards discussed above, are generally 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 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 over the options’ vesting periods. The following summarizes the assumptions used to estimate the fair value of service-based stock options granted during the thirty-nine weeks ended November 1, 2015 and November 2, 2014:
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. Service-based stock option activity for the thirty-nine weeks ended November 1, 2015 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 full one year after the date of grant. 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, over the RSUs’ vesting periods. RSU activity for the thirty-nine weeks ended November 1, 2015 was as follows:
The Company’s restricted stock awards consist solely of awards to Warnaco employees that were replaced with Company restricted stock as of the effective time of the Warnaco 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, over the vesting period. Restricted stock activity for the thirty-nine weeks ended November 1, 2015 was as follows:
The Company granted contingently issuable PSUs to certain of the Company’s senior executives during the first quarter of each of 2012, 2013 and 2014. These awards were (are) subject to achievement of an earnings per share and, in the case of the awards made in 2012, a return on equity goal for the two-year performance period beginning with the year of grant and a service period of one year beyond the certification of performance. For the awards granted in the first quarter of 2014, the final number of shares that will be earned, if any, is contingent upon the Company’s achievement of goals for the performance period based on earnings per share growth during the performance cycle. For the awards granted in the first quarter of 2013, the two-year performance period has ended and the holders earned an aggregate of 26,000 shares, which will vest and be paid out subject to and following the additional one-year service period. The holders of the awards granted in the first quarter of 2012 earned an aggregate of 54,000 shares, which were paid out in the first quarter of 2015. For such awards, 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 PSUs 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 PSUs do not accrue dividends prior to the completion of the performance cycle. The Company granted contingently issuable PSUs to certain of the Company’s executives during the second quarter of 2013 and to certain of the Company’s senior executives during the first quarter of 2015 subject to a performance period of three years. For the awards granted in the second quarter of 2013 and the first quarter of 2015, the final number of shares that will be earned, if any, is contingent upon the Company’s achievement of goals for the applicable performance period, of which 50% is based upon the Company’s absolute stock price growth during the applicable performance period and 50% is based upon the Company’s total shareholder return during the applicable performance period relative to other companies included in the S&P 500 as of the date of grant. The Company records expense ratably over the applicable vesting period, net of estimated forfeitures, regardless of whether the market condition is satisfied because the awards are subject to market conditions. The fair value of the awards granted in the first quarter of 2015 was established on the grant date using the Monte Carlo simulation model, which was based on the following assumptions:
PSU activity for the thirty-nine weeks ended November 1, 2015 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 thirty-nine weeks ended November 1, 2015 and November 2, 2014 were $10.8 million and $15.8 million, respectively. Of those amounts, $5.0 million and $9.3 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. |
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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 (LOSS) INCOME
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Accumulated Other Comprehensive Income [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Accumulated Other Comprehensive (Loss) Income [Text Block] | ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME The following table presents the changes in AOCI, net of related taxes, by component for the thirty-nine weeks ended November 1, 2015:
The following table presents the changes in AOCI, net of related taxes, by component for the thirty-nine weeks ended November 2, 2014:
The following table presents reclassifications out of AOCI to earnings for the thirteen and thirty-nine weeks ended November 1, 2015 and November 2, 2014:
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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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Nov. 01, 2015
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Stockholders' Equity Attributable to Parent [Abstract] | |
Stockholders' Equity Note Disclosure [Text Block] | STOCKHOLDERS’ EQUITY The Company’s Board of Directors authorized a $500.0 million three-year stock repurchase program effective June 3, 2015. Repurchases under the program may be made from time to time over the period through open market purchases, accelerated share repurchase programs, privately negotiated transactions or other methods, as the Company deems appropriate. Purchases are made based on a variety of factors, such as price, corporate requirements and overall market conditions, applicable legal requirements and limitations, restrictions under the Company’s debt arrangements, trading restrictions under the Company’s insider trading policy, and other relevant factors. The program may be modified, including to increase or decrease the repurchase limitation or extend, suspend, or terminate the program, by the Company at any time, without prior notice. During the thirty-nine weeks ended November 1, 2015, the Company purchased approximately 0.7 million shares of its common stock in open market transactions for $75.4 million under the program. As of November 1, 2015, the repurchased shares were held as treasury stock and $424.6 million of the authorization remained available for future share repurchases. Treasury stock activity also includes shares that were withheld in conjunction with the settlement of vested RSUs, PSUs and restricted stock to satisfy tax withholding requirements. |
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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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EXIT ACTIVITY COSTS
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Nov. 01, 2015
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EXIT ACTIVITY COSTS | EXIT ACTIVITY COSTS Izod Retail Exit Costs In connection with the Company’s exit in 2015 of the Izod retail business, the Company incurred certain costs related to severance and termination benefits, long-lived asset and goodwill impairments and lease/contract terminations. Such costs were as follows:
The above charges relate to selling, general and administrative expenses of the Heritage Brands Retail segment. Please see Note 18, “Segment Data” for a further discussion of the Company’s reportable segments. The liabilities at November 1, 2015 related to these costs were principally recorded in accrued expenses in the Company’s Consolidated Balance Sheets and were as follows:
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 and termination benefits, lease/contract termination and other costs incurred during the thirty-nine weeks ended November 1, 2015, $3.3 million relate to selling, general and administrative expenses of the Calvin Klein North America segment, $1.4 million relate to selling, general and administrative expenses of the Calvin Klein International segment, $4.2 million relate to selling, general and administrative expenses of the Heritage Brands Wholesale segment and $5.3 million relate to corporate expenses not allocated to any reportable segment. The remaining charges for severance and termination benefits, 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” for a further discussion of the Company’s reportable segments. The liabilities at November 1, 2015 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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The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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NET INCOME PER COMMON SHARE
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Nov. 01, 2015
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NET INCOME PER COMMON SHARE | NET INCOME PER COMMON SHARE The Company computed its basic and diluted net income per common share as follows:
Potentially dilutive securities excluded from the calculation of diluted net income per common share were as follows:
Shares underlying contingently issuable awards 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 November 1, 2015 and November 2, 2014 and, therefore, were excluded from the calculation of diluted net income per common share for the thirteen and thirty-nine weeks ended November 1, 2015 and November 2, 2014. The maximum number of potentially dilutive shares that could be issued upon vesting for such awards was 0.8 million and 1.0 million as of November 1, 2015 and November 2, 2014, 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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Nov. 01, 2015
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Notes to Financial Statements [Abstract] | |
NONCASH INVESTING AND FINANCING TRANSACTIONS | NONCASH INVESTING AND FINANCING TRANSACTIONS During the thirty-nine weeks ended November 1, 2015 and November 2, 2014, the Company recorded increases to goodwill of $38.6 million and $38.5 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 thirty-nine weeks ended November 1, 2015 and November 2, 2014, the Company paid $34.4 million and $34.9 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 the related redemption of its 7 3/8% senior notes due 2020. Omitted from purchases of property, plant and equipment in the Company’s Consolidated Statements of Cash Flows for the thirty-nine weeks ended November 1, 2015 and November 2, 2014 are $4.1 million and $3.3 million, respectively, of assets acquired through capital leases. Omitted from investments in unconsolidated affiliates in the Company’s Consolidated Statement of Cash Flows for the thirty-nine weeks ended November 2, 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 further discussions. |
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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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Nov. 01, 2015
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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 e-commerce websites in North America, 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 (platinum label) and Calvin Klein (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, distributors and licensees; (ii) operating retail stores and e-commerce websites 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 (platinum label) and Calvin Klein (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, Inc. and Hudson’s Bay Company; (ii) operating retail stores, which are primarily located in premium outlet centers in North America, and e-commerce websites in North America, which sell Tommy Hilfiger branded apparel, accessories and related products; and (iii) 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, distributors and licensees; (ii) operating retail stores in Europe and Japan and international e-commerce websites, which sell Tommy Hilfiger branded apparel, accessories and related products; and (iii) 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. 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, India and Australia. 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 principally 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. This segment also includes the Company’s proportionate share of the net income or loss of its investment in its unconsolidated Heritage Brands foreign affiliate in Australia. 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 located in outlet centers in North America, which primarily sell apparel, accessories and related products under the brand names Van Heusen and IZOD. The Company exited the Izod retail business in the third quarter of 2015. The following tables present summarized information by segment:
Intersegment transactions primarily 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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9 Months Ended |
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Nov. 01, 2015
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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 November 1, 2015 was approximately $3.7 million, which is subject to exchange rate fluctuation. The Company has the right to seek recourse of approximately $2.3 million as of November 1, 2015, 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 November 1, 2015, February 1, 2015 and November 2, 2014. In connection with the sale of substantially all of the assets of the 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 remains in effect when an option is exercised to extend the term of the lease. The maximum amount guaranteed for all leases as of November 1, 2015 was $42.3 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 November 1, 2015, February 1, 2015 and November 2, 2014 was $2.1 million, $3.0 million and $3.2 million, respectively, which was included in accrued expenses and other liabilities in the Company’s Consolidated Balance Sheets. Please see Note 11, “Fair Value Measurements,” for a further discussion. In connection with the Company’s investments in PVH Australia and CK India, the Company has guaranteed a portion of the entities’ debt and other obligations. The maximum amount guaranteed as of November 1, 2015 was approximately $7.8 million, which is subject to exchange rate fluctuation. The guarantees are in effect for the entire terms of the respective obligations. The estimated fair value of these guarantee obligations was immaterial as of November 1, 2015. 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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The entire disclosure for 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. No definition available.
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RECENT ACCOUNTING GUIDANCE
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Nov. 01, 2015
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Notes to Financial Statements [Abstract] | |
RECENT ACCOUNTING GUIDANCE | RECENT ACCOUNTING GUIDANCE 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. In August 2015, the FASB approved a one year delay to the required adoption date of the standard, which makes it effective for the Company no later than the first quarter of 2018, with adoption in 2017 permitted. The new standard is required to be applied retrospectively to each prior reporting period or retrospectively with the cumulative effect of initially applying the standard recognized at the date of initial application. The Company has not yet selected a transition method and is currently evaluating the standard to determine the impact of its adoption on the consolidated financial statements. The FASB issued in April 2015 an update to accounting guidance related to debt issuance costs. The guidance requires debt issuance costs related to a recognized debt liability to be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with the presentation of debt discounts. This guidance is effective for the Company in the first quarter of 2016, with early adoption permitted. Retrospective application of the new guidance is required. Had the Company early adopted this guidance, other current assets/other assets would have been lower by $24.2 million, $28.3 million and $29.8 million with corresponding decreases in debt as of November 1, 2015, February 1, 2015 and November 2, 2014, respectively. The FASB issued in April 2015 an update to accounting guidance related to retirement benefits. This guidance provides a practical expedient which allows a company with fiscal years that do not fall on a calendar month-end to measure defined benefit plan assets and obligations using the month end that is closest to the company’s fiscal year end. If elected, this guidance should be applied consistently from year to year for all plans. This guidance will be effective for the Company in the first quarter of 2016, with early adoption permitted. Prospective application is required. The Company does not currently anticipate changing its measurement date under this guidance. The FASB issued in July 2015 an update to accounting guidance to simplify the measurement of inventory. Currently, all inventory is measured at the lower of cost or market. The new guidance requires an entity to measure inventory within the scope of the guidance at the lower of cost or net realizable value. Net realizable value is the estimated selling price in the ordinary course of business less reasonably predictable costs of completion, disposal and transportation. The new guidance does not apply to inventory measured using last-in, first-out or the retail inventory methods. This guidance will be effective for the Company in the first quarter of 2017, with early adoption permitted. Prospective application is required. The Company is currently evaluating the standard to determine the impact of its adoption on the consolidated financial statements. The FASB issued in September 2015 an update to accounting guidance to simplify the accounting for business combinations. The guidance requires an acquirer to recognize adjustments to provisional amounts that are identified during the measurement period in the reporting period in which the adjustment amounts are determined. The updated guidance eliminates the requirement to retrospectively account for these adjustments and restate prior period financial statements. The guidance will be effective for the Company in the first quarter of 2016, with early adoption permitted. Prospective application is required. The adoption will have an impact on the Company’s consolidated financial statements if it is the acquirer in a business combination that includes measurement-period adjustments. The FASB issued in November 2015 an update to accounting guidance to simplify the presentation of deferred income taxes. The guidance requires an entity to classify all deferred tax liabilities and assets as noncurrent in the balance sheet. The guidance will be effective for the Company in the first quarter of 2017, with early adoption permitted. This guidance may be applied either prospectively or retrospectively. 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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Nov. 01, 2015
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General [Abstract] | |
Fiscal Period | The Company’s fiscal years are based on the 52-53 week periods ending on the Sunday closest to February 1 of each calendar year 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”) in 2013, 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 shareholders 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 Company no longer is deemed to hold a controlling interest and the joint venture was deconsolidated. As a result, since the first quarter of 2014, the Company’s investment in the joint venture has been 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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GOODWILL (Tables)
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Nov. 01, 2015
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Goodwill [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of Goodwill [Table Text Block] | The changes in the carrying amount of goodwill for the thirty-nine weeks ended November 1, 2015, by segment (please see Note 18, “Segment Data,” for a further discussion), were as follows:
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Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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RETIREMENT AND BENEFIT PLANS (Tables)
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Nov. 01, 2015
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Schedule of Net Benefit Costs [Table Text Block] | Net benefit cost related to the Pension Plans was recognized in selling, general and administrative expenses in the Company’s Consolidated Income Statements as follows:
Net benefit cost related to the SERP Plans was recognized in selling, general and administrative expenses in the Company’s Consolidated Income Statements as follows:
Net benefit cost related to the Postretirement Plans was recognized in selling, general and administrative expenses in the Company’s Consolidated Income Statements as follows:
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Tabular disclosure of the components of net benefit costs for pension plans and/or other employee benefit plans including service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) recognized due to settlements or curtailments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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DEBT (Tables)
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Nov. 01, 2015
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Debt Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of Long-term Debt Instruments [Table Text Block] | The carrying amounts of the Company’s long-term debt were as follows:
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Schedule of Mandatory Long-Term Debt Repayments [Table] | As of November 1, 2015, the Company’s mandatory long-term debt repayments for the next five years were as follows:
Total debt repayments for the next five years exceed the carrying balance of the Company’s term loan facilities as of November 1, 2015 because the carrying balance reflects a portion of the original issue discount. |
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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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Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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DERIVATIVE FINANCIAL INSTRUMENTS (Tables)
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Nov. 01, 2015
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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 of the Company’s derivative financial instruments in its Consolidated Balance Sheets:
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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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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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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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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) (USD $)
In Millions, unless otherwise specified |
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Nov. 01, 2015
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Nov. 02, 2014
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Fair Value Measurements [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Fair Value Measurements, Nonrecurring [Table Text Block] | The following table shows the fair value of the Company’s non-financial assets and liabilities that were required to be remeasured at fair value on a nonrecurring basis (consisting of property, plant and equipment) during the thirty-nine weeks ended November 1, 2015 and November 2, 2014, and the total impairments recorded as a result of the remeasurement process:
Long-lived assets with a carrying amount of $2.8 million were written down to a fair value of zero during the thirty-nine weeks ended November 1, 2015 in connection with the financial performance in certain of the Company’s retail stores. Fair value was determined based on the estimated discounted future cash flows associated with the assets using current sales trends and market participant assumptions. The impairment charge of $2.8 million was included in selling, general and administrative expenses, of which $2.0 million was recorded in the Calvin Klein North America segment, $0.5 million was recorded in the Calvin Klein International segment and $0.3 million was recorded in the Tommy Hilfiger International segment. Long-lived assets with a carrying amount of $4.8 million were written down to a fair value of zero during the thirty-nine weeks ended November 2, 2014 in connection with the financial performance in certain of the Company’s retail stores. Fair value was determined based on the estimated discounted future cash flows associated with the assets using current sales trends and market participant assumptions. The impairment charge of $4.8 million was included in selling, general and administrative expenses, of which $0.1 million was recorded in the Calvin Klein North America segment, $3.4 million was recorded in the Tommy Hilfiger North America segment and $1.3 million was recorded in the Heritage Brands Retail segment. |
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Impairment of long-lived assets | $ 2.8 | $ 4.8 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 thirty-nine weeks ended November 1, 2015 and November 2, 2014:
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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 November 1, 2015 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 November 1, 2015, February 1, 2015 and November 2, 2014 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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Amount of write-down of assets recognized in the income statement. Includes, but is not limited to, losses from tangible assets, intangible assets and goodwill. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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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 assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3). 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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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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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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Nov. 01, 2015
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Nov. 02, 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 thirty-nine weeks ended November 1, 2015 and November 2, 2014:
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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Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block] | Service-based stock option activity for the thirty-nine weeks ended November 1, 2015 was as follows:
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Schedule of Share-based Compensation, Restricted Stock Units Award Activity [Table Text Block] | RSU activity for the thirty-nine weeks ended November 1, 2015 was as follows:
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Schedule of Restricted Stock Activity [Table Text Block] | Restricted stock activity for the thirty-nine weeks ended November 1, 2015 was as follows:
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Table of Weighted Average Monte Carlo Fair Value Assumptions Performance Awards [Table Text Block] | The fair value of the awards granted in the first quarter of 2015 was established on the grant date using the Monte Carlo simulation model, which was based on the following assumptions:
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Schedule of Nonvested Performance-based Units Activity [Table Text Block] | PSU activity for the thirty-nine weeks ended November 1, 2015 was as follows:
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Table of Weighted Average Fair Value Assumptions Performance Awards using Monte Carlo Valuation Method [Table Text Block] 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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- Definition
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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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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Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME (Tables)
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Nov. 01, 2015
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Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of Accumulated Other Comprehensive (Loss) Income [Table Text Block] | The following table presents the changes in AOCI, net of related taxes, by component for the thirty-nine weeks ended November 1, 2015:
The following table presents the changes in AOCI, net of related taxes, by component for the thirty-nine weeks ended November 2, 2014:
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Schedule of Amounts Reclassified Out of Accumulated Other Comprehensive (Loss) Income [Table Text Block] | The following table presents reclassifications out of AOCI to earnings for the thirteen and thirty-nine weeks ended November 1, 2015 and November 2, 2014:
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Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss). No definition available.
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Tabular disclosure of the components of accumulated other comprehensive income (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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EXIT ACTIVITY COSTS (Tables)
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Nov. 01, 2015
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Exit of Izod Retail Business [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 exit in 2015 of the Izod retail business, the Company incurred certain costs related to severance and termination benefits, long-lived asset and goodwill impairments and lease/contract terminations. Such costs were as follows:
The above charges relate to selling, general and administrative expenses of the Heritage Brands Retail segment. Please see Note 18, “Segment Data” for a further discussion of the Company’s reportable segments. |
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Schedule Of Restructuring Accrued Liabilities Costs Incurred And Paid [Table Text Block] | The liabilities at November 1, 2015 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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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 and termination benefits, lease/contract termination and other costs incurred during the thirty-nine weeks ended November 1, 2015, $3.3 million relate to selling, general and administrative expenses of the Calvin Klein North America segment, $1.4 million relate to selling, general and administrative expenses of the Calvin Klein International segment, $4.2 million relate to selling, general and administrative expenses of the Heritage Brands Wholesale segment and $5.3 million relate to corporate expenses not allocated to any reportable segment. The remaining charges for severance and termination benefits, 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” for a further discussion of the Company’s reportable segments. |
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Schedule Of Restructuring Accrued Liabilities Costs Incurred And Paid [Table Text Block] | The liabilities at November 1, 2015 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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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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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 PER COMMON SHARE (Tables)
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Nov. 01, 2015
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Earnings Per Share [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] | The Company computed its basic and diluted net income per common share as follows:
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Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block] | Potentially dilutive securities excluded from the calculation of diluted net income per common share were as follows:
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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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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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Nov. 01, 2015
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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 primarily 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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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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GENERAL (Details)
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9 Months Ended | |
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Nov. 01, 2015
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Feb. 02, 2014
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Fiscal Period [Line Items] | ||
Redeemable non-controlling interest ownership percentage | 49.00% | |
Fiscal Year Minimum Week Period | 1 year | |
Fiscal Year Maximum Weeks Period | 1 year 7 days |
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Maximum weeks comprising the Company's fiscal year ending on the Sunday closest to February 1. No definition available.
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Minimum weeks comprising the Company's fiscal year ending on the Sunday closest to February 1. No definition available.
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The equity interest of noncontrolling shareholders, partners or other equity holders in consolidated entity. No definition available.
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GENERAL Warehousing and Distribution (Details) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||
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Nov. 01, 2015
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Nov. 02, 2014
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Nov. 01, 2015
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Nov. 02, 2014
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Warehousing and Distribution [Line Items] | ||||
Warehousing and Distribution Expense | $ 62.5 | $ 64.9 | $ 173.2 | $ 191.3 |
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Warehousing and Distribution Expense No definition available.
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ACQUISITIONS (Details) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | ||
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May 04, 2014
Russian Franchisee [Member]
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May 04, 2014
Ireland Franchisee [Member]
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Nov. 02, 2014
Calvin Klein Performancewear Business [Member]
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Business Acquisition [Line Items] | |||
Number of Stores | 2 | 6 | |
Cash | $ 4.3 | $ 3.1 | $ 6.7 |
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Represents the number of stores. No definition available.
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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
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INVESTMENTS IN UNCONSOLIDATED AFFILIATES (Details) (USD $)
In Millions, unless otherwise specified |
9 Months Ended | 3 Months Ended | 3 Months Ended | 9 Months Ended | ||||||||
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Nov. 01, 2015
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Nov. 02, 2014
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Feb. 01, 2015
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May 04, 2014
Karl Lagerfeld Joint Venture [Member]
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Nov. 01, 2015
Karl Lagerfeld Joint Venture [Member]
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May 04, 2014
PVH Australia Joint Venture [Member]
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Nov. 01, 2015
PVH Australia Joint Venture [Member]
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Nov. 02, 2014
PVH Australia Joint Venture [Member]
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Nov. 01, 2015
Calvin Klein India Joint Venture [Member]
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Nov. 01, 2015
Tommy Hilfiger Brazil Joint Venture [Member]
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Nov. 01, 2015
Tommy Hilfiger China Joint Venture [Member]
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Nov. 01, 2015
Tommy Hilfiger India Joint Venture [Member]
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Schedule of Equity Method Investments [Line Items] | ||||||||||||
Equity Method Investment, Ownership Percentage | 10.00% | 50.00% | 51.00% | 40.00% | 45.00% | 50.00% | ||||||
Net gain on deconsolidation of subsidiaries and joint venture | $ 0 | $ 8.0 | $ 2.1 | |||||||||
Payments to acquire interest in joint venture | 26.6 | 26.2 | 18.9 | 21.0 | 7.3 | 4.0 | 1.6 | |||||
Equity Method Investment Ownership Percentage By Former Director | 35.00% | |||||||||||
Equity Method Investments | $ 143.1 | $ 113.7 | $ 108.3 |
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- Definition
Equity Method Investment Ownership Percentage By Former Director 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
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 |
9 Months Ended | 3 Months Ended | ||
---|---|---|---|---|
Nov. 01, 2015
|
Nov. 02, 2014
|
May 04, 2014
Calvin Klein India Joint Venture [Member]
|
Nov. 01, 2015
Calvin Klein India Joint Venture [Member]
|
|
Non-controlling Interest [Line Items] | ||||
Equity Method Investment, Ownership Percentage | 51.00% | |||
Net gain on deconsolidation of subsidiaries and joint venture | $ 0 | $ 8.0 | $ 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
|
GOODWILL (Details) (USD $)
In Millions, unless otherwise specified |
9 Months Ended | |
---|---|---|
Nov. 01, 2015
|
Nov. 02, 2014
|
|
Goodwill and Other Intangible Assets [Line Items] | ||
Contingent Purchase Price Payments Percentage | 1.15% | |
Goodwill [Roll Forward] | ||
Goodwill, gross, beginning of period | $ 3,271.0 | |
Accumulated impairment losses, beginning of period | (11.9) | |
Goodwill, net, beginning of period | 3,259.1 | 3,435.0 |
Contingent purchase price payments to Mr. Calvin Klein | 38.6 | |
Currency translation and other | (60.6) | |
Goodwill, gross, end of period | 3,249.0 | |
Accumulated impairment losses, end of period | (11.9) | |
Goodwill, net, end of period | 3,237.1 | 3,435.0 |
Calvin Klein North America [Member]
|
||
Goodwill [Roll Forward] | ||
Goodwill, gross, beginning of period | 705.4 | |
Accumulated impairment losses, beginning of period | 0 | |
Goodwill, net, beginning of period | 705.4 | |
Contingent purchase price payments to Mr. Calvin Klein | 23.5 | |
Currency translation and other | (4.3) | |
Goodwill, gross, end of period | 724.6 | |
Accumulated impairment losses, end of period | 0 | |
Goodwill, net, end of period | 724.6 | |
Calvin Klein International [Member]
|
||
Goodwill [Roll Forward] | ||
Goodwill, gross, beginning of period | 859.6 | |
Accumulated impairment losses, beginning of period | 0 | |
Goodwill, net, beginning of period | 859.6 | |
Contingent purchase price payments to Mr. Calvin Klein | 15.1 | |
Currency translation and other | (24.0) | |
Goodwill, gross, end of period | 850.7 | |
Accumulated impairment losses, end of period | 0 | |
Goodwill, net, end of period | 850.7 | |
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 and other | 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 | 1,251.4 | |
Accumulated impairment losses, beginning of period | 0 | |
Goodwill, net, beginning of period | 1,251.4 | |
Contingent purchase price payments to Mr. Calvin Klein | 0 | |
Currency translation and other | (31.6) | |
Goodwill, gross, end of period | 1,219.8 | |
Accumulated impairment losses, end of period | 0 | |
Goodwill, net, end of period | 1,219.8 | |
Heritage Brands Wholesale [Member]
|
||
Goodwill [Roll Forward] | ||
Goodwill, gross, beginning of period | 238.3 | |
Accumulated impairment losses, beginning of period | 0 | |
Goodwill, net, beginning of period | 238.3 | |
Contingent purchase price payments to Mr. Calvin Klein | 0 | |
Currency translation and other | (0.7) | |
Goodwill, gross, end of period | 237.6 | |
Accumulated impairment losses, end of period | 0 | |
Goodwill, net, end of period | 237.6 | |
Heritage Brands Retail [Member]
|
||
Goodwill [Roll Forward] | ||
Goodwill, gross, beginning of period | 11.9 | |
Accumulated impairment losses, beginning of period | (11.9) | |
Goodwill, net, beginning of period | 0 | |
Contingent purchase price payments to Mr. Calvin Klein | 0 | |
Currency translation and other | 0 | |
Goodwill, gross, end of period | 11.9 | |
Accumulated impairment losses, end of period | (11.9) | |
Goodwill, net, end of period | $ 0 |
X | ||||||||||
- Definition
Basis for calculating contingent purchase price payments. No definition available.
|
X | ||||||||||
- Definition
Amount of increase (decrease) 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 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 | 9 Months Ended | 12 Months Ended | ||
---|---|---|---|---|---|
Nov. 01, 2015
plans
|
Nov. 02, 2014
|
Nov. 01, 2015
plans
|
Nov. 02, 2014
|
Jan. 31, 2016
|
|
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||||
Pension Contributions | $ 1.5 | $ 2.7 | |||
SERP Plans [Member]
|
|||||
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||||
Number of Noncontributory Defined Benefit Pension Plans | 3 | 3 | |||
Plan Benefit Payment Activation Age | 65 | 65 | |||
Plan Benefit Payment Period | 10 years | ||||
Minimum Number of Years of Employment | 10 years | ||||
Minimum Age Prior to Employment Termination | 55 | 55 | |||
Service cost, including plan expenses | 1.4 | 1.1 | 4.2 | 3.3 | |
Interest cost | 0.9 | 1.1 | 2.7 | 3.1 | |
Amortization of prior service credit | 0 | (0.1) | 0 | (0.1) | |
Total | 2.3 | 2.1 | 6.9 | 6.3 | |
Pension Plans, Defined Benefit [Member]
|
|||||
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||||
Number of Noncontributory Defined Benefit Pension Plans | 5 | 5 | |||
Service cost, including plan expenses | 7.7 | 4.9 | 23.0 | 14.7 | |
Interest cost | 7.0 | 7.2 | 20.9 | 21.4 | |
Expected return on plan assets | (10.7) | (10.8) | (31.9) | (32.6) | |
Total | 4.0 | 1.3 | 12.0 | 3.5 | |
Pension Contributions | 1.5 | ||||
Vesting Period Non-Contributory Defined Benefit Pension Plans | 5 years | ||||
Other Postretirement Benefit Plans, Defined Benefit [Member]
|
|||||
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||||
Number of Noncontributory Defined Benefit Pension Plans | 2 | 2 | |||
Minimum Number of Years of Employment | 10 years | ||||
Minimum Age Prior to Employment Termination | 55 | 55 | |||
Interest cost | 0.2 | 0.2 | 0.5 | 0.6 | |
Amortization of prior service credit | (0.1) | (0.2) | (0.3) | (0.6) | |
Total | $ 0.1 | $ 0 | $ 0.2 | $ 0 |
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 noncontributory defined benefit pension plans for the entity. No definition available.
|
X | ||||||||||
- Definition
The minimum age that CAP plan participants will start receiving predetermined amounts under the plan, provided that prior to termination they have been participants in the plan for 10 years and have attained age 55. No definition available.
|
X | ||||||||||
- Definition
The number of years over which the CAP benefits are payable to the participating plan beneficiaries, who have met all other conditions. No definition available.
|
X | ||||||||||
- Definition
Represents the 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
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
|
DEBT Yen-Denominated Overdraft Facility (Details) (Line of credit, Yen-denominated facility [Member])
In Millions, unless otherwise specified |
9 Months Ended | |
---|---|---|
Nov. 01, 2015
USD ($)
|
Nov. 01, 2015
JPY (¥)
|
|
Line of Credit Facility [Line Items] | ||
Line of credit facility, maximum borrowing capacity | $ 8.3 | ¥ 1,000.0 |
Debt instrument, basis spread on variable rate | 0.30% | 0.30% |
Line of credit facility, amount outstanding | $ 8.3 | |
Short-term debt, weighted average interest rate | 0.43% | 0.43% |
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
|
X | ||||||||||
- Definition
The carrying value as of the balance sheet date of the current portion of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement. 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 Euro-Denominated Overdraft Facility (Details) (Line of credit, Euro-denominated facility [Member])
In Millions, unless otherwise specified |
Nov. 01, 2015
USD ($)
|
Nov. 01, 2015
EUR (€)
|
---|---|---|
Line of Credit Facility [Line Items] | ||
Line of credit facility, maximum borrowing capacity | $ 66.1 | € 60.0 |
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 USD-Denominated Line of Credit (Details) (Line Of Credit, USD-Denominated Line of Credit [Member], USD $)
In Millions, unless otherwise specified |
9 Months Ended |
---|---|
Nov. 01, 2015
|
|
Line Of Credit, USD-Denominated Line of Credit [Member]
|
|
Line of Credit Facility [Line Items] | |
Line of credit facility, maximum borrowing capacity | $ 3.7 |
Debt instrument, basis spread on variable rate | 0.50% |
Line of credit facility, amount outstanding | 2.6 |
Short-term debt, weighted average interest rate | 12.77% |
Maximum amount of borrowings outstanding during the period | $ 3.3 |
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 amount borrowed under the credit facility at any time during the period. No definition available.
|
X | ||||||||||
- Definition
Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The carrying value as of the balance sheet date of the current portion of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement. 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 Lira-Denominated Overdraft Facility (Details) (Line of credit, Lira-denominated facility [Member])
In Millions, unless otherwise specified |
9 Months Ended | |
---|---|---|
Nov. 01, 2015
USD ($)
|
Nov. 01, 2015
TRY
|
|
Line of Credit Facility [Line Items] | ||
Line of credit facility, maximum borrowing capacity | $ 2.1 | 6.0 |
Debt instrument, basis spread on variable rate | 1.25% | 1.25% |
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 Peso-Denominated Line of Credit (Details) (Line of credit, Peso-denominated facility [Member])
In Millions, unless otherwise specified |
9 Months Ended | |
---|---|---|
Nov. 01, 2015
USD ($)
|
Nov. 01, 2015
MXN
|
|
Line of Credit Facility [Line Items] | ||
Line of credit facility, maximum borrowing capacity | $ 16.1 | 267.1 |
Line of credit facility, amount outstanding | 7.0 | |
Short-term debt, weighted average interest rate | 4.71% | |
Maximum amount of borrowings outstanding during the period | $ 7.0 |
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
The carrying value as of the balance sheet date of the current portion of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement. 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 Mexico Revolving Credit Facility (Details) (Line Of Credit Mexico Facility [Member], USD $)
In Millions, unless otherwise specified |
9 Months Ended |
---|---|
Nov. 01, 2015
|
|
Line Of Credit Mexico Facility [Member]
|
|
Line of Credit Facility [Line Items] | |
Short-term debt, weighted average interest rate | 4.33% |
Maximum amount of borrowings outstanding during the period | $ 9.7 |
Line of credit facility, maximum borrowing capacity | 10.0 |
Debt instrument, basis spread on variable rate | 0.90% |
Line of credit facility, amount outstanding | $ 9.7 |
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 amount borrowed under the credit facility at any time during the period. No definition available.
|
X | ||||||||||
- Definition
Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The carrying value as of the balance sheet date of the current portion of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement. 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 Asia Revolving Credit Facility (Details) (Line of credit, Asia facility [Member], USD $)
In Millions, unless otherwise specified |
9 Months Ended |
---|---|
Nov. 01, 2015
|
|
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 | 1.50% |
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 Brazil Revolving Credit Facility (Details) (Line of credit, Brazil facility [Member])
In Millions, unless otherwise specified |
Nov. 01, 2015
USD ($)
|
Nov. 01, 2015
BRL
|
---|---|---|
Line of Credit Facility [Line Items] | ||
Line of credit facility, maximum borrowing capacity | $ 21.4 | 83.0 |
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 Senior Secured Credit Facilities Revolving Borrowings (Details) (2014 Facilities [Member], USD $)
In Millions, unless otherwise specified |
9 Months Ended |
---|---|
Nov. 01, 2015
|
|
2014 Facilities [Member]
|
|
Line of Credit Facility [Line Items] | |
Maximum amount of borrowings outstanding during the period | $ 151.2 |
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Maximum amount borrowed under the credit facility at any time during the period. No definition available.
|
DEBT Schedule of Long Term Debt Instruments (Details)
In Millions, unless otherwise specified |
3 Months Ended | 9 Months Ended | 3 Months Ended | 3 Months Ended | 3 Months Ended | 3 Months Ended | 0 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 0 Months Ended | 9 Months Ended | 9 Months Ended | 9 Months Ended | 9 Months Ended | |||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Nov. 01, 2015
USD ($)
|
Nov. 02, 2014
USD ($)
|
May 04, 2014
USD ($)
|
Nov. 01, 2015
USD ($)
|
Nov. 02, 2014
USD ($)
|
Nov. 01, 2015
2011 Interest Rate Swap [Member]
|
Jun. 06, 2011
2011 Interest Rate Swap [Member]
USD ($)
|
Nov. 01, 2015
2013 Interest Rate Swap [Member]
USD ($)
|
Aug. 19, 2013
2013 Interest Rate Swap [Member]
USD ($)
|
Nov. 01, 2015
2016 Interest Rate Swap [Member]
|
Nov. 02, 2014
2016 Interest Rate Swap [Member]
USD ($)
|
Nov. 01, 2015
2014 Interest Rate Cap [Member]
USD ($)
|
Aug. 18, 2014
2014 Interest Rate Cap [Member]
USD ($)
|
Nov. 01, 2015
2014 Facilities Term Loan A [Member]
USD ($)
|
Nov. 02, 2014
2014 Facilities Term Loan A [Member]
USD ($)
|
Mar. 21, 2014
2014 Facilities Term Loan A [Member]
USD ($)
|
Nov. 01, 2015
2014 Facilities Term Loan B [Member]
USD ($)
|
Nov. 02, 2014
2014 Facilities Term Loan B [Member]
USD ($)
|
Mar. 21, 2014
2014 Facilities Term Loan B [Member]
USD ($)
|
Feb. 13, 2013
2013 Facilities [Member]
USD ($)
|
Mar. 21, 2014
2014 Facilities [Member]
USD ($)
|
Nov. 01, 2015
2014 Facilities [Member]
USD ($)
|
Nov. 02, 2014
2014 Facilities [Member]
USD ($)
|
Feb. 03, 2013
Senior notes due 2022 [Member]
USD ($)
|
Nov. 01, 2015
Senior notes due 2022 [Member]
|
Nov. 01, 2015
Senior notes due 2022 [Member]
Senior Notes [Member]
|
Mar. 24, 2014
Senior Notes due 2020 [Member]
USD ($)
|
May 06, 2010
Senior Notes due 2020 [Member]
USD ($)
|
Nov. 01, 2015
Senior Notes due 2020 [Member]
Senior Notes [Member]
|
Nov. 01, 2015
Senior Debenture Due 2023 [Member]
USD ($)
|
Nov. 01, 2015
One month adjusted Eurocurrency rate loan [Member]
United States of America, Dollars
2014 Facilities Term Loan B [Member]
|
Feb. 01, 2015
United States Dollars and Canadian Dollars [Member]
|
Feb. 13, 2013
United States Dollars and Canadian Dollars [Member]
2013 Facilities [Member]
USD ($)
|
Mar. 21, 2014
United States Dollars and Canadian Dollars [Member]
2014 Facilities [Member]
USD ($)
|
Feb. 13, 2013
Euro, British Pound, Japanese Yen and Swiss Francs
2013 Facilities [Member]
EUR (€)
|
Mar. 21, 2014
Euro, British Pound, Japanese Yen and Swiss Francs
2014 Facilities [Member]
USD ($)
|
Nov. 01, 2015
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 A [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 ($)
|
Mar. 21, 2014
United States of America, Dollars
2014 Facilities [Member]
USD ($)
|
Nov. 01, 2015
United States of America, Dollars
Base rate loan [Member]
2014 Facilities Term Loan A [Member]
|
Nov. 01, 2015
United States of America, Dollars
Base rate loan [Member]
2014 Facilities Term Loan B [Member]
|
Nov. 01, 2015
United States of America, Dollars
Base rate loan [Member]
2014 Facilities Term Loan B [Member]
Minimum [Member]
|
Nov. 01, 2015
United States of America, Dollars
One month adjusted Eurocurrency rate loan [Member]
2014 Facilities Term Loan A [Member]
|
Nov. 01, 2015
United States of America, Dollars
Eurocurrency rate loan [Member]
2014 Facilities Term Loan B [Member]
Minimum [Member]
|
|
Debt Instrument [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||
Total debt percentage bearing fixed interest rates | 70.00% | 70.00% | ||||||||||||||||||||||||||||||||||||||||||||||
Senior Secured Credit Facilities [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||
Number of revolving credit facilities | 1 | |||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from issuance of long-term debt | $ 700.0 | $ 600.0 | ||||||||||||||||||||||||||||||||||||||||||||||
Line of credit facility, maximum borrowing capacity | 750.0 | 25.0 | 25.0 | 185.9 | 185.9 | 475.0 | 475.0 | |||||||||||||||||||||||||||||||||||||||||
Increase In Term Loan Borrowings | 350.0 | 250.0 | ||||||||||||||||||||||||||||||||||||||||||||||
Payments of financing costs | 13.3 | |||||||||||||||||||||||||||||||||||||||||||||||
Debt modification and extinguishment costs | 0 | 0 | 0 | 93.1 | 8.0 | |||||||||||||||||||||||||||||||||||||||||||
Payment of fees associated with issuance of 4 1/2% senior notes | (5.3) | |||||||||||||||||||||||||||||||||||||||||||||||
Debt Instrument, Redemption Price, Percentage | 35.00% | |||||||||||||||||||||||||||||||||||||||||||||||
Original issue discount | 7.3 | 6.9 | 7.8 | 5.7 | ||||||||||||||||||||||||||||||||||||||||||||
Secured Debt | 1,832.2 | 1,929.9 | 707.7 | 988.4 | 2,539.9 | 1,700.0 | 1,375.0 | 1,986.3 | 1,188.6 | |||||||||||||||||||||||||||||||||||||||
Payments of Debt Extinguishment Costs | 67.6 | |||||||||||||||||||||||||||||||||||||||||||||||
Deferred debt issuance costs | 17.5 | 3.2 | 14.3 | |||||||||||||||||||||||||||||||||||||||||||||
Letters of credit outstanding, amount | 31.1 | 31.1 | ||||||||||||||||||||||||||||||||||||||||||||||
Repayment of 2014/2013 facilities | 200.5 | 244.7 | 200.5 | 244.7 | ||||||||||||||||||||||||||||||||||||||||||||
Maximum Amount Of Commitment Increase | 1,350.0 | |||||||||||||||||||||||||||||||||||||||||||||||
Debt instrument, basis spread on variable rate | 2.50% | 0.50% | 0.50% | 1.50% | 1.50% | |||||||||||||||||||||||||||||||||||||||||||
Debt instrument, interest rate, stated percentage | 4.50% | 7.375% | 7.75% | 1.75% | 0.75% | |||||||||||||||||||||||||||||||||||||||||||
Notional amount outstanding of foreign currency forward exchange contracts | 632.0 | 860.0 | 1,228.8 | 682.6 | 617.0 | 514.2 | ||||||||||||||||||||||||||||||||||||||||||
Derivative, cap interest rate | 1.50% | |||||||||||||||||||||||||||||||||||||||||||||||
Derivative, fixed interest rate | 0.604% | |||||||||||||||||||||||||||||||||||||||||||||||
Derivative, average fixed interest rate | 1.924% | |||||||||||||||||||||||||||||||||||||||||||||||
Debt instrument, face amount | $ 100.0 | |||||||||||||||||||||||||||||||||||||||||||||||
Debt instrument, yield to maturity | 7.80% | |||||||||||||||||||||||||||||||||||||||||||||||
Derivative agreement term | 3 years | 3 years | 2 years | 18 months | ||||||||||||||||||||||||||||||||||||||||||||
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
Represents the percentage of total debt bearing fixed interest rates. 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 | ||||||||||
- Details
|
X | ||||||||||
- Definition
Percentage price of original principal amount of debt at which debt can be redeemed by the issuer. 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
Average fixed interest rate related to the group of interest rate derivatives. No definition available.
|
X | ||||||||||
- Definition
Cap rate on an interest rate derivative such as an interest rate cap or collar. If market rates exceed the cap rate, a payment or receipt is triggered on the contract. No definition available.
|
X | ||||||||||
- Definition
Fixed interest rate related to the interest rate derivative. No definition available.
|
X | ||||||||||
- Definition
The total amount of the contingent obligation under letters of credit outstanding as of the reporting date. No definition available.
|
X | ||||||||||
- Definition
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 | ||||||||||
- Definition
The cash outflow to repay long-term debt that is wholly or partially secured by collateral. Excludes repayments of tax exempt secured debt. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Carrying value as of the balance sheet date, including the current and noncurrent portions, of collateralized debt obligations (with maturities initially due after one year or beyond the operating cycle, if longer). Such obligations include mortgage loans, chattel loans, and any other borrowings secured by assets of the borrower. 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 |
9 Months Ended | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Nov. 01, 2015
|
Feb. 01, 2015
|
Nov. 02, 2014
|
Nov. 01, 2015
Senior notes due 2022 [Member]
|
Nov. 02, 2014
Senior notes due 2022 [Member]
|
Nov. 01, 2015
Senior Debenture Due 2023 [Member]
|
Nov. 01, 2015
Senior Notes [Member]
Senior notes due 2022 [Member]
|
Nov. 01, 2015
Senior Notes [Member]
Senior Notes due 2020 [Member]
|
Nov. 01, 2015
2014 Facilities Term Loan A [Member]
|
Nov. 02, 2014
2014 Facilities Term Loan A [Member]
|
Nov. 01, 2015
2014 Facilities Term Loan B [Member]
|
Nov. 02, 2014
2014 Facilities Term Loan B [Member]
|
Mar. 21, 2014
United States of America, Dollars
2014 Facilities Term Loan A [Member]
|
Mar. 21, 2014
United States of America, Dollars
2014 Facilities Term Loan B [Member]
|
|
Debt Instrument [Line Items] | ||||||||||||||
Mandatory Long Term Debt Repayment Remainder of 2015 | $ 24.8 | |||||||||||||
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 | |||||||||||||
Mandatory Long Term Debt Repayment 2020 | 711.6 | |||||||||||||
Total debt percentage bearing fixed interest rates | 70.00% | |||||||||||||
Debt Instrument, Redemption Price, Percentage | 35.00% | |||||||||||||
Secured Debt | 1,832.2 | 1,929.9 | 707.7 | 988.4 | 1,986.3 | 1,188.6 | ||||||||
Senior Notes | 700.0 | 700.0 | ||||||||||||
7 3/4% debentures | 99.7 | 99.7 | ||||||||||||
Total | 3,339.6 | 3,718.0 | ||||||||||||
Less: Current portion of long-term debt | 124.1 | 99.3 | 99.3 | |||||||||||
Long-Term Debt | $ 3,215.5 | $ 3,438.7 | $ 3,618.7 | |||||||||||
Debt instrument, interest rate, stated percentage | 7.75% | 4.50% | 7.375% |
X | ||||||||||
- Definition
Represents balance of debentures 7 3/4% due 2023. 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
Percentage price of original principal amount of debt at which debt can be redeemed by the issuer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
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 payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing after the fifth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing in the next fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing in the fifth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing in the fourth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing in the third fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing in the second fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. 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
Carrying value as of the balance sheet date, including the current and noncurrent portions, of collateralized debt obligations (with maturities initially due after one year or beyond the operating cycle, if longer). Such obligations include mortgage loans, chattel loans, and any other borrowings secured by assets of the borrower. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Including the current and noncurrent portions, carrying value as of the balance sheet date of Notes with the highest claim on the assets of the issuer in case of bankruptcy or liquidation (with maturities initially due after one year or beyond the operating cycle if longer). Senior note holders are paid off in full before any payments are made to junior note holders. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
INCOME TAXES (Details) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 9 Months Ended | 3 Months Ended | |||
---|---|---|---|---|---|---|
Nov. 01, 2015
|
Nov. 02, 2014
|
Nov. 01, 2015
|
Nov. 02, 2014
|
Aug. 03, 2014
Uncertain Tax Positions, International Jurisdictions [Member]
|
Aug. 03, 2014
European and US Transfer Pricing Arrangements [Member]
|
|
Income Taxes [Line Items] | ||||||
Effective Income Tax Rate | 1.90% | 8.90% | 12.20% | 7.10% | ||
Tax Adjustments, Settlements, and Unusual Provisions | $ 24.0 | $ 6.0 |
X | ||||||||||
- Details
|
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 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 |
9 Months Ended | 12 Months Ended | 9 Months Ended | 12 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | |||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Nov. 01, 2015
|
Nov. 02, 2014
|
Nov. 01, 2015
Other Current Assets and Other Assets [Member]
|
Nov. 02, 2014
Other Current Assets and Other Assets [Member]
|
Nov. 01, 2015
Accrued Expenses and Other Liabilities [Member]
|
Nov. 02, 2014
Accrued Expenses and Other Liabilities [Member]
|
Nov. 01, 2015
Foreign Exchange Forward Inventory Purchases [Member]
|
Nov. 01, 2015
Contracts designated as cash flow hedges [Member]
Other Current Assets and Other Assets [Member]
|
Nov. 02, 2014
Contracts designated as cash flow hedges [Member]
Other Current Assets and Other Assets [Member]
|
Nov. 01, 2015
Contracts designated as cash flow hedges [Member]
Accrued Expenses and Other Liabilities [Member]
|
Nov. 02, 2014
Contracts designated as cash flow hedges [Member]
Accrued Expenses and Other Liabilities [Member]
|
Nov. 01, 2015
Contracts designated as cash flow hedges [Member]
Foreign Exchange Forward Inventory Purchases [Member]
Other Current Assets and Other Assets [Member]
|
Nov. 02, 2014
Contracts designated as cash flow hedges [Member]
Foreign Exchange Forward Inventory Purchases [Member]
Other Current Assets and Other Assets [Member]
|
Nov. 01, 2015
Contracts designated as cash flow hedges [Member]
Foreign Exchange Forward Inventory Purchases [Member]
Accrued Expenses and Other Liabilities [Member]
|
Nov. 02, 2014
Contracts designated as cash flow hedges [Member]
Foreign Exchange Forward Inventory Purchases [Member]
Accrued Expenses and Other Liabilities [Member]
|
Nov. 01, 2015
Contracts designated as cash flow hedges [Member]
Interest Rate Contract [Member]
Other Current Assets and Other Assets [Member]
|
Nov. 02, 2014
Contracts designated as cash flow hedges [Member]
Interest Rate Contract [Member]
Other Current Assets and Other Assets [Member]
|
Nov. 01, 2015
Contracts designated as cash flow hedges [Member]
Interest Rate Contract [Member]
Accrued Expenses and Other Liabilities [Member]
|
Nov. 02, 2014
Contracts designated as cash flow hedges [Member]
Interest Rate Contract [Member]
Accrued Expenses and Other Liabilities [Member]
|
Nov. 01, 2015
Undesignated contracts [Member]
Other Current Assets and Other Assets [Member]
|
Nov. 02, 2014
Undesignated contracts [Member]
Other Current Assets and Other Assets [Member]
|
Nov. 01, 2015
Undesignated contracts [Member]
Accrued Expenses and Other Liabilities [Member]
|
Nov. 02, 2014
Undesignated contracts [Member]
Accrued Expenses and Other Liabilities [Member]
|
Nov. 01, 2015
Undesignated contracts [Member]
Foreign Exchange Forward Principally Intercompany Transactions [Member]
Other Current Assets and Other Assets [Member]
|
Nov. 02, 2014
Undesignated contracts [Member]
Foreign Exchange Forward Principally Intercompany Transactions [Member]
Other Current Assets and Other Assets [Member]
|
Nov. 01, 2015
Undesignated contracts [Member]
Foreign Exchange Forward Principally Intercompany Transactions [Member]
Accrued Expenses and Other Liabilities [Member]
|
Nov. 02, 2014
Undesignated contracts [Member]
Foreign Exchange Forward Principally Intercompany Transactions [Member]
Accrued Expenses and Other Liabilities [Member]
|
Nov. 01, 2016
Cost of Goods Sold [Member]
Foreign Exchange Contract [Member]
|
Nov. 01, 2015
Cost of Goods Sold [Member]
Foreign Exchange Forward [Member]
|
Nov. 01, 2015
Interest Expense [Member]
Interest Rate Contract [Member]
|
Nov. 01, 2016
Interest Expense [Member]
Interest Rate Contract [Member]
|
Nov. 01, 2015
Selling, General and Administrative Expenses [Member]
Undesignated contracts [Member]
Foreign Exchange Forward Principally Intercompany Transactions [Member]
|
Nov. 02, 2014
Selling, General and Administrative Expenses [Member]
Undesignated contracts [Member]
Foreign Exchange Forward Principally Intercompany Transactions [Member]
|
Nov. 01, 2015
Selling, General and Administrative Expenses [Member]
Undesignated contracts [Member]
Foreign Exchange Forward Principally Intercompany Transactions [Member]
|
Nov. 02, 2014
Selling, General and Administrative Expenses [Member]
Undesignated contracts [Member]
Foreign Exchange Forward Principally Intercompany Transactions [Member]
|
Nov. 01, 2015
Cash Flow Hedging [Member]
Contracts designated as cash flow hedges [Member]
|
Nov. 02, 2014
Cash Flow Hedging [Member]
Contracts designated as cash flow hedges [Member]
|
Nov. 01, 2015
Cash Flow Hedging [Member]
Contracts designated as cash flow hedges [Member]
|
Nov. 02, 2014
Cash Flow Hedging [Member]
Contracts designated as cash flow hedges [Member]
|
Nov. 01, 2015
Cash Flow Hedging [Member]
Contracts designated as cash flow hedges [Member]
Foreign Exchange Forward Inventory Purchases [Member]
|
Nov. 02, 2014
Cash Flow Hedging [Member]
Contracts designated as cash flow hedges [Member]
Foreign Exchange Forward Inventory Purchases [Member]
|
Nov. 01, 2015
Cash Flow Hedging [Member]
Contracts designated as cash flow hedges [Member]
Foreign Exchange Forward Inventory Purchases [Member]
|
Nov. 02, 2014
Cash Flow Hedging [Member]
Contracts designated as cash flow hedges [Member]
Foreign Exchange Forward Inventory Purchases [Member]
|
Nov. 01, 2015
Cash Flow Hedging [Member]
Contracts designated as cash flow hedges [Member]
Interest Rate Contract [Member]
|
Nov. 02, 2014
Cash Flow Hedging [Member]
Contracts designated as cash flow hedges [Member]
Interest Rate Contract [Member]
|
Nov. 01, 2015
Cash Flow Hedging [Member]
Contracts designated as cash flow hedges [Member]
Interest Rate Contract [Member]
|
Nov. 02, 2014
Cash Flow Hedging [Member]
Contracts designated as cash flow hedges [Member]
Interest Rate Contract [Member]
|
Nov. 01, 2015
Cash Flow Hedging [Member]
Cost of Goods Sold [Member]
Contracts designated as cash flow hedges [Member]
Foreign Exchange Forward Inventory Purchases [Member]
|
Nov. 02, 2014
Cash Flow Hedging [Member]
Cost of Goods Sold [Member]
Contracts designated as cash flow hedges [Member]
Foreign Exchange Forward Inventory Purchases [Member]
|
Nov. 01, 2015
Cash Flow Hedging [Member]
Cost of Goods Sold [Member]
Contracts designated as cash flow hedges [Member]
Foreign Exchange Forward Inventory Purchases [Member]
|
Nov. 02, 2014
Cash Flow Hedging [Member]
Cost of Goods Sold [Member]
Contracts designated as cash flow hedges [Member]
Foreign Exchange Forward Inventory Purchases [Member]
|
Nov. 01, 2015
Cash Flow Hedging [Member]
Interest Expense [Member]
Contracts designated as cash flow hedges [Member]
Interest Rate Contract [Member]
|
Nov. 02, 2014
Cash Flow Hedging [Member]
Interest Expense [Member]
Contracts designated as cash flow hedges [Member]
Interest Rate Contract [Member]
|
Nov. 01, 2015
Cash Flow Hedging [Member]
Interest Expense [Member]
Contracts designated as cash flow hedges [Member]
Interest Rate Contract [Member]
|
Nov. 02, 2014
Cash Flow Hedging [Member]
Interest Expense [Member]
Contracts designated as cash flow hedges [Member]
Interest Rate Contract [Member]
|
|
Derivative [Line Items] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Derivative Asset, Fair Value, Gross Asset | $ 38.9 | $ 51.9 | $ 21.3 | $ 38.9 | $ 21.2 | $ 36.3 | $ 0.1 | $ 2.6 | $ 17.6 | $ 13.0 | $ 17.6 | $ 13.0 | |||||||||||||||||||||||||||||||||||||||||||
Derivative Liability, Fair Value, Gross Liability | 22.4 | 10.3 | 21.8 | 10.0 | 3.7 | 0.1 | 18.1 | 9.9 | 0.6 | 0.3 | 0.6 | 0.3 | |||||||||||||||||||||||||||||||||||||||||||
Notional amount outstanding of foreign currency forward exchange contracts | 894.0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Other comprehensive (loss) income before reclassifications, net unrealized and realized (loss) gain on effective hedges | 22.1 | 30.6 | (7.9) | 31.2 | 14.3 | 30.1 | (3.2) | 36.9 | 20.5 | 38.1 | (4.7) | (5.7) | (6.2) | (8.0) | |||||||||||||||||||||||||||||||||||||||||
Gain (loss) reclassified from Accumulated Other Comprehensive Income into Income (Expense) | 25.9 | 1.4 | 71.8 | (7.7) | 26.8 | 2.9 | 74.9 | (2.6) | (0.9) | (1.5) | (3.1) | (5.1) | |||||||||||||||||||||||||||||||||||||||||||
Derivative Instruments Not Designated as Hedging Instruments, (Loss) Gain, Net | (1.6) | 13.2 | 2.9 | 12.9 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Derivative Instruments, Gain (Loss) Reclassification from Accumulated OCI to Income, Estimated Net Amount to be Transferred | $ 44.1 | $ (8.9) | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Derivative Instruments, Loss Reclassification from Accumulated OCI to Income, Estimate of Time to Transfer | 12 months | 12 months |
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. Includes assets elected not to be offset. Excludes assets not subject to a master netting arrangement. 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. Includes liabilities elected not to be offset. Excludes liabilities not subject to a master netting arrangement. 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 |
9 Months Ended | 12 Months Ended | 60 Months Ended | 9 Months Ended | 9 Months Ended | 12 Months Ended | 9 Months Ended | |||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Nov. 01, 2015
|
Nov. 02, 2014
|
Feb. 01, 2015
|
Feb. 02, 2014
|
Jan. 31, 2016
Tommy Hilfiger India License [Member]
|
Feb. 01, 2015
Tommy Hilfiger India License [Member]
|
Feb. 02, 2014
Tommy Hilfiger India License [Member]
|
Feb. 03, 2013
Tommy Hilfiger India License [Member]
|
Jul. 01, 2016
Tommy Hilfiger India License [Member]
|
Nov. 01, 2015
Tommy Hilfiger India License [Member]
|
Nov. 01, 2015
Tommy Hilfiger India License [Member]
Initial Term [Member]
|
Nov. 01, 2015
Tommy Hilfiger India License [Member]
Extended Term [Member]
|
Nov. 01, 2015
Tommy Hilfiger India License [Member]
Due Within [Member]
|
Nov. 01, 2015
Tommy Hilfiger India License [Member]
Period Length [Member]
|
Nov. 01, 2015
Tommy Hilfiger India License [Member]
Period Length, Months [Member]
|
Nov. 01, 2015
Portion at Fair Value Measurement [Member]
|
Feb. 01, 2015
Portion at Fair Value Measurement [Member]
|
Nov. 02, 2014
Portion at Fair Value Measurement [Member]
|
Nov. 01, 2015
Carrying amount
|
Feb. 01, 2015
Carrying amount
|
Nov. 02, 2014
Carrying amount
|
Nov. 01, 2015
Long-lived Assets, Other [Member]
|
Nov. 02, 2014
Long-lived Assets, Other [Member]
|
Jan. 29, 2023
Sale Of Bass [Member]
|
Nov. 01, 2015
Sale Of Bass [Member]
|
Feb. 01, 2015
Sale Of Bass [Member]
|
Nov. 02, 2014
Sale Of Bass [Member]
|
Nov. 01, 2015
Calvin Klein North America [Member]
Long-lived Assets, Other [Member]
|
Nov. 02, 2014
Calvin Klein North America [Member]
Long-lived Assets, Other [Member]
|
Nov. 01, 2015
Calvin Klein International [Member]
Long-lived Assets, Other [Member]
|
Nov. 02, 2014
Tommy Hilfiger North America [Member]
Long-lived Assets, Other [Member]
|
Nov. 01, 2015
Tommy Hilfiger International [Member]
Long-lived Assets, Other [Member]
|
Nov. 02, 2014
Heritage Brands Retail [Member]
Long-lived Assets, Other [Member]
|
Nov. 01, 2015
Tommy Hilfiger India Joint Venture [Member]
|
Nov. 01, 2015
Fair Value, Inputs, Level 2 [Member]
|
Feb. 01, 2015
Fair Value, Inputs, Level 2 [Member]
|
Nov. 02, 2014
Fair Value, Inputs, Level 2 [Member]
|
Nov. 01, 2015
Fair Value, Inputs, Level 3 [Member]
|
Feb. 01, 2015
Fair Value, Inputs, Level 3 [Member]
|
Nov. 02, 2014
Fair Value, Inputs, Level 3 [Member]
|
Nov. 01, 2015
Fair Value, Inputs, Level 3 [Member]
Long-lived Assets, Other [Member]
|
Nov. 02, 2014
Fair Value, Inputs, Level 3 [Member]
Long-lived Assets, Other [Member]
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||||||||||||||||||||||||||||||||||||||||
Assets, Fair Value Disclosure, Nonrecurring | $ 0 | $ 0 | $ 0 | $ 0 | $ 0 | $ 0 | ||||||||||||||||||||||||||||||||||||
Long-Lived Assets | 2.8 | 4.8 | ||||||||||||||||||||||||||||||||||||||||
Impairment of long-lived assets | 2.8 | 4.8 | 2.8 | 4.8 | 2.0 | 0.1 | 0.5 | 3.4 | 0.3 | 1.3 | ||||||||||||||||||||||||||||||||
Expiration Year of Bass Guarantee | 2022 | |||||||||||||||||||||||||||||||||||||||||
Foreign currency forward exchange contracts, assets | 38.8 | 110.4 | 49.3 | 38.8 | 110.4 | 49.3 | ||||||||||||||||||||||||||||||||||||
Interest rate contracts, assets | 0.1 | 0.6 | 2.6 | 0.1 | 0.6 | 2.6 | ||||||||||||||||||||||||||||||||||||
Total Assets | 38.9 | 111.0 | 51.9 | 38.9 | 111.0 | 51.9 | ||||||||||||||||||||||||||||||||||||
Foreign currency forward exchange contracts, liabilities | 4.3 | 1.3 | 0.4 | 4.3 | 1.3 | 0.4 | ||||||||||||||||||||||||||||||||||||
Interest rate contracts, liabilities | 18.1 | 15.3 | 9.9 | 18.1 | 15.3 | 9.9 | ||||||||||||||||||||||||||||||||||||
Contingent purchase price payments related to reacquisition of the perpetual rights to the Tommy Hilfiger trademarks in India | 3.6 | 4.0 | 5.1 | 3.6 | 4.0 | 5.1 | ||||||||||||||||||||||||||||||||||||
Total Liabilities | 26.0 | 20.6 | 15.4 | 22.4 | 16.6 | 10.3 | 3.6 | 4.0 | 5.1 | |||||||||||||||||||||||||||||||||
Cash and cash equivalents | 369.9 | 479.3 | 365.1 | |||||||||||||||||||||||||||||||||||||||
Cash and cash equivalents | 369.9 | 365.1 | 479.3 | 593.2 | 369.9 | 479.3 | 365.1 | |||||||||||||||||||||||||||||||||||
Short-term borrowings | 27.6 | 39.9 | 8.5 | 27.6 | 8.5 | 39.9 | ||||||||||||||||||||||||||||||||||||
Short-term borrowings | 27.6 | 8.5 | 39.9 | |||||||||||||||||||||||||||||||||||||||
Long-term debt (including portion classified as current), carrying amount | 3,339.6 | 3,718.0 | 3,339.6 | 3,538.0 | 3,718.0 | |||||||||||||||||||||||||||||||||||||
Long-term debt (including portion classified as current), fair value | 3,370.1 | 3,567.7 | 3,729.6 | |||||||||||||||||||||||||||||||||||||||
Equity Method Investment, Ownership Percentage | 50.00% | |||||||||||||||||||||||||||||||||||||||||
Contingent Consideration Limit | 25.0 | |||||||||||||||||||||||||||||||||||||||||
Contingent purchase price payments | 35.0 | 35.5 | 0.6 | 0.6 | 0.4 | 0.2 | ||||||||||||||||||||||||||||||||||||
Contingent Payments, Threshold for Extension | 15.0 | |||||||||||||||||||||||||||||||||||||||||
Contingent purchase price payment terms | 5 years | 6 years | 60 days | 1 year | 12 months | |||||||||||||||||||||||||||||||||||||
Guarantees, Fair Value Disclosure | 2.1 | 3.0 | 3.2 | |||||||||||||||||||||||||||||||||||||||
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||||||||||||||||||||||||||||||||||||||||||
Contingent purchase price payments, balance | 3.6 | 5.1 | 4.0 | 4.2 | ||||||||||||||||||||||||||||||||||||||
Payments | (0.6) | (0.6) | ||||||||||||||||||||||||||||||||||||||||
Adjustments included in earnings | 0.2 | 1.5 | ||||||||||||||||||||||||||||||||||||||||
Compounded Annual Net Sales Growth Rate | 35.00% | |||||||||||||||||||||||||||||||||||||||||
Fair Value Inputs Discount Rate | 15.00% | |||||||||||||||||||||||||||||||||||||||||
Effect of five-percentage-point increase or decrease in discount rate on liability | 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
The minimum amount of contingent payments that must be made in order for the original term to not be extended No definition available.
|
X | ||||||||||
- Definition
Contingent purchase price payment terms No definition available.
|
X | ||||||||||
- Definition
Effect of five-percentage-point increase or decrease in discount rate on liability No definition available.
|
X | ||||||||||
- Definition
Effect of five-percentage-point increase or decrease on compounded annual net sales growth rate No definition available.
|
X | ||||||||||
- Definition
Expiration Year of Bass Guarantee No definition available.
|
X | ||||||||||
- Definition
Amount of write-down of assets recognized in the income statement. Includes, but is not limited to, losses from tangible assets, intangible assets and goodwill. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
This element represents the aggregate of the assets reported on the balance sheet at period end measured at fair value on a nonrecurring 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
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 | ||||||||||
- 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
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 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
|
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
Long-lived assets other than financial instruments, long-term customer relationships of a financial institution, mortgage and other servicing rights, deferred policy acquisition costs, and deferred tax assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The net cash inflow or outflow associated with the aggregate amount of adjustment to the purchase price of a previous acquisition. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
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 | 9 Months Ended | 3 Months Ended | 9 Months Ended | |||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Feb. 13, 2013
|
Nov. 01, 2015
|
Nov. 02, 2014
|
Nov. 01, 2015
Equity Option [Member]
|
Nov. 01, 2015
Restricted Stock Units (RSUs) [Member]
|
May 01, 2016
Performance Shares [Member]
|
May 03, 2015
Performance Shares [Member]
|
May 04, 2014
Performance Shares [Member]
|
Aug. 04, 2013
Performance Shares [Member]
|
May 05, 2013
Performance Shares [Member]
|
Apr. 29, 2012
Performance Shares [Member]
|
Nov. 01, 2015
Performance Shares [Member]
|
Nov. 01, 2015
Warnaco acquisition [Member]
Equity Option [Member]
|
Nov. 01, 2015
Black-Scholes-Merton Model [Member]
|
Nov. 02, 2014
Black-Scholes-Merton Model [Member]
|
|
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||||||||||||
Other than options, vested number | 200,000 | 26,000 | 54,000 | 54,000 | |||||||||||
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 | |||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period | 10 years | ||||||||||||||
Warnaco employee replacement stock awards | $ 39,800,000 | ||||||||||||||
Stock-based compensation expense | 31,400,000 | 37,300,000 | |||||||||||||
Tax benefits realized, stock plan awards | 7,900,000 | 9,500,000 | |||||||||||||
Service-based stock option activity [Roll Forward] | |||||||||||||||
Service-based stock options, outstanding, beginning of period | 1,472,000 | ||||||||||||||
Service-based stock options, granted | 175,000 | ||||||||||||||
Service-based stock options, exercised | 114,000 | ||||||||||||||
Service-based stock options, cancelled | 17,000 | ||||||||||||||
Service-based stock options, outstanding, end of period | 1,516,000 | ||||||||||||||
Service-based stock options, exercisable | 1,132,000 | ||||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Abstract] | |||||||||||||||
Service-based stock options, outstanding, weighted average price per option, beginning of period | $ 64.14 | ||||||||||||||
Service-based stock options, granted, weighted average price per option | $ 107.18 | ||||||||||||||
Service-based stock options, exercised, weighted average price per option | $ 49.72 | ||||||||||||||
Service-based stock options, cancelled, weighted average price per option | $ 107.29 | ||||||||||||||
Service-based stock options, outstanding, weighted average price per option, end of period | $ 69.71 | ||||||||||||||
Service-based stock options, exercisable, weighted average price per option | $ 55.54 | ||||||||||||||
Assumptions used to estimate fair value of service-based stock options and performance share units [Abstract] | |||||||||||||||
Risk-free interest rate | 1.54% | 2.15% | |||||||||||||
Expected term | 6 years 3 months | 6 years 3 months | |||||||||||||
Expected Company volatility | 36.26% | 44.12% | |||||||||||||
Expected annual dividends per share | $ 0.15 | $ 0.15 | |||||||||||||
Estimated fair value per option | $ 40.20 | $ 56.21 | |||||||||||||
Contingently issuable performance share awards, performance period | 4 years | 3 years | 3 years | 2 years | 3 years | 2 years | 2 years | 3 years | |||||||
Contingently issuable performance share awards, service period | 1 year | 1 year | 1 year |
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
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 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
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 | ||||||||||
- 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 vested during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Period from grant date that an equity-based award expires, 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 | ||||||||||
- 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 | ||||||||||
- Details
|
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 $)
|
3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | ||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Nov. 01, 2015
|
Nov. 01, 2015
|
Nov. 02, 2014
|
Nov. 01, 2015
Equity Option [Member]
|
Nov. 01, 2015
Restricted Stock Units (RSUs) [Member]
|
Nov. 01, 2015
Restricted Stock [Member]
|
May 01, 2016
Performance Shares [Member]
|
May 03, 2015
Performance Shares [Member]
|
May 04, 2014
Performance Shares [Member]
|
Aug. 04, 2013
Performance Shares [Member]
|
May 05, 2013
Performance Shares [Member]
|
Apr. 29, 2012
Performance Shares [Member]
|
Nov. 01, 2015
Performance Shares [Member]
|
Nov. 01, 2015
Monte Carlo Model [Member]
|
Nov. 01, 2015
Warnaco acquisition [Member]
Equity Option [Member]
|
Nov. 01, 2015
First Annual Installment [Member]
Restricted Stock Units (RSUs) [Member]
|
Nov. 01, 2015
Second Annual Installment [Member]
Restricted Stock Units (RSUs) [Member]
|
Nov. 01, 2015
Third Annual Installment [Member]
Restricted Stock Units (RSUs) [Member]
|
|
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||||||||||||||||||
Employee Service Share-based Compensation, Tax Benefit Realized from Exercise of Stock Options | $ 10,800,000 | $ 15,800,000 | ||||||||||||||||
Contingently issuable performance share awards, performance period | 4 years | 3 years | 3 years | 2 years | 3 years | 2 years | 2 years | 3 years | ||||||||||
Contingently issuable performance share awards, service period | 1 year | 1 year | 1 year | |||||||||||||||
Reduction in number of shares available to be granted by each stock award | 2 | 2 | ||||||||||||||||
RSU vesting, granted to employees in installments | 25.00% | 25.00% | 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 | |||||||||||||||||
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% | |||||||||||||||||
Assumptions used to estimate fair value of service-based stock options and performance share units [Abstract] | ||||||||||||||||||
Risk-free interest rate | 0.90% | |||||||||||||||||
Expected Company volatility | 29.10% | |||||||||||||||||
Expected annual dividends per share | 0.15 | |||||||||||||||||
Estimated fair value per option | $ 101.23 | |||||||||||||||||
Non-vested activity [Roll Forward] | ||||||||||||||||||
Other than options, non-vested number, beginning of period | 640,000 | 20,000 | 553,000 | 553,000 | ||||||||||||||
Other than options, granted number | 302,000 | 0 | 46,000 | |||||||||||||||
Other than options, vested number | 200,000 | 17,000 | 26,000 | 54,000 | 54,000 | |||||||||||||
Other than options, cancelled number | 66,000 | 1,000 | 51,000 | |||||||||||||||
Other than options, non-vested number, end of period | 676,000 | 2,000 | 494,000 | |||||||||||||||
Other than options, non-vested, weighted average grant date fair value, beginning of period | $ 107.42 | $ 120.72 | $ 119.95 | $ 119.95 | ||||||||||||||
Other than options, granted, weighted average grant date fair value | $ 104.65 | $ 0.00 | $ 101.23 | |||||||||||||||
Other than options, vested, weighted average grant date fair value | $ 86.75 | $ 120.72 | $ 88.52 | |||||||||||||||
Other than options, cancelled, weighted average grant date fair value | $ 112.99 | $ 120.72 | $ 122.15 | |||||||||||||||
Other than options, non-vested, weighted average grant date fair value, end of period | $ 111.74 | $ 120.72 | $ 121.42 | |||||||||||||||
Tax benefits realized, stock plan awards | 7,900,000 | 9,500,000 | ||||||||||||||||
Excess tax benefits reported, stock plan awards | $ 5,000,000 | $ 9,300,000 |
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
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 a restricted stock award. 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 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
Disclosure of the aggregate tax benefit realized from the exercise of stock options and the conversion of similar instruments during the annual 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
Percentage of vesting of share-based compensation awards. 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
|
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
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 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
|
ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME CHANGES IN ACCUMULATED OTHER COMPREHENSIVE INCOME (Details) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||||
---|---|---|---|---|---|---|
Nov. 01, 2015
|
Nov. 02, 2014
|
Nov. 01, 2015
|
Nov. 02, 2014
|
Feb. 01, 2015
|
Feb. 02, 2014
|
|
Balance, foreign currency translation adjustments | $ (646.3) | $ (157.9) | $ (646.3) | $ (157.9) | $ (496.2) | $ 50.1 |
Other comprehensive (loss) income before reclassifications, foreign currency translation adjustments | (150.1) | (210.0) | ||||
Amounts reclassified from AOCI, foreign currency translation adjustments, net of tax | 0 | 0 | 0 | (2.0) | ||
Foreign currency translation adjustments, net of tax expense (benefit) | (150.1) | (208.0) | ||||
Balance, retirement liability adjustment | 0.2 | 0.6 | 0.2 | 0.6 | 0.4 | 1.0 |
Other comprehensive (loss) income before reclassifications, pension and postretirement plans | 0 | 0 | ||||
Amounts reclassified from AOCI, retirement liability adjustment | 0.1 | 0.2 | 0.2 | 0.4 | ||
Amortization of prior service credit related to pension and postretirement plans, net of tax (benefit) | (0.1) | (0.2) | (0.2) | (0.4) | ||
Balance, net unrealized and realized (loss) gain on effective hedges | 30.9 | 27.7 | 30.9 | 27.7 | 79.3 | (8.8) |
Other comprehensive (loss) income before reclassifications, net unrealized and realized (loss) gain on effective hedges | 22.1 | 30.6 | ||||
Amounts reclassified from AOCI, net unrealized and realized (loss) gain on effective hedges | 25.2 | 2.1 | 70.5 | (5.9) | ||
Net unrealized and realized (loss) gain related to effective hedges, net of tax (benefit) expense | (25.2) | 28.5 | (48.4) | 36.5 | ||
Accumulated other comprehensive loss | (615.2) | (129.6) | (615.2) | (129.6) | (416.5) | 42.3 |
Other Comprehensive (Loss) Income, Before Reclassifications, Net of Tax | (128.0) | (179.4) | ||||
Amounts reclassified from AOCI, total | 70.7 | (7.5) | ||||
Other comprehensive (loss) income | $ (198.7) | $ (171.9) |
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 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, attributable to parent entity. 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 after tax, before reclassification adjustments of other comprehensive income (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
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
|
X | ||||||||||
- Definition
Amount after tax of reclassification adjustments of other comprehensive income (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME RECLASSIFICATIONS OUT OF ACCUMULATED OTHER COMPREHENSIVE INCOME (Details) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||
---|---|---|---|---|
Nov. 01, 2015
|
Nov. 02, 2014
|
Nov. 01, 2015
|
Nov. 02, 2014
|
|
Amounts reclassified from AOCI, realized gain (loss) on effective hedges, tax effect | $ 0.7 | $ (0.7) | $ 1.3 | $ (1.8) |
Amounts reclassified from AOCI, net unrealized and realized (loss) gain on effective hedges | 25.2 | 2.1 | 70.5 | (5.9) |
Amounts reclassified from AOCI, amortization of prior service credit | 0.1 | 0.3 | 0.3 | 0.7 |
Amounts reclassified from AOCI, amortization of prior service credit related to pension and postretirement plan, tax effect | 0 | 0.1 | 0.1 | 0.3 |
Amounts reclassified from AOCI, retirement liability adjustment | 0.1 | 0.2 | 0.2 | 0.4 |
Amounts reclassified from AOCI, foreign currency translation adjustments | 0 | 0 | 0 | (2.0) |
Amounts reclassified from AOCI, foreign currency translation adjustments, tax effect | 0 | 0 | 0 | 0 |
Amounts reclassified from AOCI, foreign currency translation adjustments, net of tax | 0 | 0 | 0 | (2.0) |
Foreign Exchange Forward Inventory Purchases [Member]
|
||||
Amounts reclassified from AOCI, realized gain (loss) on effective hedges | 26.8 | 2.9 | 74.9 | (2.6) |
Interest Rate Contract [Member]
|
||||
Amounts reclassified from AOCI, realized gain (loss) on effective hedges | $ (0.9) | $ (1.5) | $ (3.1) | $ (5.1) |
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 STOCKHOLDERS' EQUITY (Details) (USD $)
In Millions, unless otherwise specified |
9 Months Ended | |
---|---|---|
Nov. 01, 2015
|
Jun. 03, 2015
|
|
Stockholders' Equity Attributable to Parent [Abstract] | ||
Stock Repurchase Program, Authorized Amount | $ 500.0 | |
Stock Repurchase Program, Period in Force | 3 years | |
Stock Repurchase Program, Number of Shares Authorized to be Repurchased | 0.7 | |
Stock Repurchase Program, Amount Purchased During Period | 75.4 | |
Stock Repurchase Program, Remaining Authorized Repurchase Amount | $ 424.6 |
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Amount of stock repurchase plan authorized. No definition available.
|
X | ||||||||||
- Definition
Period which shares may be purchased under a stock repurchase plan authorized by an entity's Board of Directors, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. No definition available.
|
X | ||||||||||
- Definition
Amount remaining of a stock repurchase plan authorized. No definition available.
|
X | ||||||||||
- Definition
Number of shares that have been repurchased during the period and are being held in treasury. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Equity impact of the cost of common and preferred stock that were repurchased during the period. Recorded using the cost method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
EXIT ACTIVITY COSTS (Details) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 9 Months Ended |
---|---|---|
Nov. 01, 2015
|
Nov. 01, 2015
|
|
Warnaco Integration Costs [Member]
|
||
Restructuring Cost and Reserve [Line Items] | ||
Total costs expected to be incurred | $ 278.3 | $ 278.3 |
Total costs incurred | 4.6 | 14.2 |
Restructuring and Related Cost, Cost Incurred to Date | 272.8 | 272.8 |
Restructuring Reserve [Roll Forward] | ||
Total liability, beginning of period | 21.6 | |
Total costs paid | 29.1 | |
Total liability, end of period | 6.7 | 6.7 |
Exit of Izod Retail Business [Member]
|
||
Restructuring Cost and Reserve [Line Items] | ||
Total costs expected to be incurred | 31.9 | 31.9 |
Total costs incurred | 0.6 | 11.5 |
Restructuring and Related Cost, Cost Incurred to Date | 31.6 | 31.6 |
Restructuring Reserve [Roll Forward] | ||
Total liability, beginning of period | 2.3 | |
Total costs paid | 11.7 | |
Total liability, end of period | 2.1 | 2.1 |
Severance, termination benefits and other costs [Member] | Warnaco Integration Costs [Member]
|
||
Restructuring Cost and Reserve [Line Items] | ||
Total costs expected to be incurred | 171.9 | 171.9 |
Total costs incurred | 4.3 | 13.1 |
Restructuring and Related Cost, Cost Incurred to Date | 168.3 | 168.3 |
Restructuring Reserve [Roll Forward] | ||
Total liability, beginning of period | 14.0 | |
Total costs paid | 21.5 | |
Total liability, end of period | 5.6 | 5.6 |
Severance, termination benefits and other costs [Member] | Exit of Izod Retail Business [Member]
|
||
Restructuring Cost and Reserve [Line Items] | ||
Total costs expected to be incurred | 8.5 | 8.5 |
Total costs incurred | 0.2 | 5.8 |
Restructuring and Related Cost, Cost Incurred to Date | 8.2 | 8.2 |
Restructuring Reserve [Roll Forward] | ||
Total liability, beginning of period | 2.3 | |
Total costs paid | 6.1 | |
Total liability, end of period | 2.0 | 2.0 |
Inventory liquidation costs[Member] | Warnaco Integration Costs [Member]
|
||
Restructuring Cost and Reserve [Line Items] | ||
Total costs expected to be incurred | 36.1 | 36.1 |
Total costs incurred | 0 | 0 |
Restructuring and Related Cost, Cost Incurred to Date | 36.1 | 36.1 |
Lease/contract termination and related costs [Member] | Warnaco Integration Costs [Member]
|
||
Restructuring Cost and Reserve [Line Items] | ||
Total costs expected to be incurred | 70.3 | 70.3 |
Total costs incurred | 0.3 | 1.1 |
Restructuring and Related Cost, Cost Incurred to Date | 68.4 | 68.4 |
Restructuring Reserve [Roll Forward] | ||
Total liability, beginning of period | 7.6 | |
Total costs paid | 7.6 | |
Total liability, end of period | 1.1 | 1.1 |
Lease/contract termination and related costs [Member] | Exit of Izod Retail Business [Member]
|
||
Restructuring Cost and Reserve [Line Items] | ||
Total costs expected to be incurred | 5.7 | 5.7 |
Total costs incurred | 0.4 | 5.7 |
Restructuring and Related Cost, Cost Incurred to Date | 5.7 | 5.7 |
Restructuring Reserve [Roll Forward] | ||
Total liability, beginning of period | 0 | |
Total costs paid | 5.6 | |
Total liability, end of period | 0.1 | 0.1 |
Long Lived Asset and goodwill Impairments [Member] | Exit of Izod Retail Business [Member]
|
||
Restructuring Cost and Reserve [Line Items] | ||
Total costs expected to be incurred | 17.7 | 17.7 |
Total costs incurred | 0 | 0 |
Restructuring and Related Cost, Cost Incurred to Date | 17.7 | 17.7 |
Calvin Klein North America [Member] | Warnaco Integration Costs [Member]
|
||
Restructuring Cost and Reserve [Line Items] | ||
Total costs incurred | 3.3 | |
Calvin Klein International [Member] | Warnaco Integration Costs [Member]
|
||
Restructuring Cost and Reserve [Line Items] | ||
Total costs incurred | 1.4 | |
Heritage Brands Wholesale [Member] | Warnaco Integration Costs [Member]
|
||
Restructuring Cost and Reserve [Line Items] | ||
Total costs incurred | 4.2 | |
Corporate Segment [Member] | Warnaco Integration Costs [Member]
|
||
Restructuring Cost and Reserve [Line Items] | ||
Total costs incurred | $ 5.3 |
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 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 PER COMMON SHARE (Details) (USD $)
In Millions, except Per Share data, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||
---|---|---|---|---|
Nov. 01, 2015
|
Nov. 02, 2014
|
Nov. 01, 2015
|
Nov. 02, 2014
|
|
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items] | ||||
Net income attributable to PVH Corp. | $ 221.9 | $ 225.7 | $ 438.2 | $ 387.5 |
Weighted average common shares outstanding for basic net income per common share | 82.4 | 82.4 | 82.6 | 82.3 |
Weighted average impact of dilutive securities | 0.7 | 0.9 | 0.7 | 0.9 |
Total shares for diluted net income per common share | 83.1 | 83.3 | 83.3 | 83.2 |
Basic net income per common share attributable to PVH Corp. | $ 2.69 | $ 2.74 | $ 5.31 | $ 4.71 |
Diluted net income per common share attributable to PVH Corp. | $ 2.67 | $ 2.71 | $ 5.26 | $ 4.66 |
Weighted average potentially dilutive securities | 0.6 | 0.4 | 0.6 | 0.4 |
X | ||||||||||
- Definition
Securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) or earnings per unit (EPU) in the future that were not included in the computation of diluted EPS or EPU because to do so would increase EPS or EPU amounts or decrease loss per share or unit amounts for the period presented. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The sum of dilutive potential common shares or units used in the calculation of the diluted per-share or per-unit computation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
NET INCOME PER COMMON SHARE - DILUTED (Details)
In Millions, unless otherwise specified |
Nov. 01, 2015
|
Nov. 02, 2014
|
---|---|---|
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 | 1.0 |
X | ||||||||||
- Definition
Represents the number of dilutive shares that could be issued upon vesting. No definition available.
|
X | ||||||||||
- Details
|
NONCASH INVESTING AND FINANCING ACTIVITIES (Details) (USD $)
In Millions, except Per Share data, unless otherwise specified |
0 Months Ended | 3 Months Ended | 9 Months Ended | ||
---|---|---|---|---|---|
Feb. 13, 2013
|
May 04, 2014
|
Nov. 01, 2015
|
Nov. 02, 2014
|
Feb. 01, 2015
|
|
Nonmonetary Transaction [Line Items] | |||||
Contingent purchase price payments | $ 35.0 | $ 35.5 | |||
Deferred debt issuance costs | 17.5 | ||||
Common stock, par value (in dollars per share) | $ 1 | $ 1 | $ 1 | ||
Warnaco employee replacement stock awards | 39.8 | ||||
Capital Lease Obligations Incurred | 4.1 | 3.3 | |||
Calvin Klein licensing business [Member]
|
|||||
Nonmonetary Transaction [Line Items] | |||||
Contingent purchase price payment terms | 45 days | ||||
Calvin Klein North America and International Business [Member]
|
|||||
Nonmonetary Transaction [Line Items] | |||||
Liabilities incurred related to contingent purchase price payments | 38.6 | 38.5 | |||
Contingent purchase price payments | 34.4 | 34.9 | |||
Calvin Klein Australia [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
Contingent purchase price payment terms No definition available.
|
X | ||||||||||
- Definition
Increase In Investment Balances Related to Deconsolidation of Joint Ventures 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 increase (decrease) in the value of a contingent consideration liability, including, but not limited to, differences arising upon settlement. 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
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 | 9 Months Ended | ||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Nov. 01, 2015
|
Nov. 02, 2014
|
Nov. 01, 2015
segment
|
Nov. 02, 2014
|
|||||||||||||||||||||||||||
Segment Reporting Information [Line Items] | ||||||||||||||||||||||||||||||
Segment Reporting, Number of Reportable Segments | 6 | |||||||||||||||||||||||||||||
Net sales | $ 2,040.9 | [1] | $ 2,114.0 | $ 5,591.9 | [1] | $ 5,876.0 | ||||||||||||||||||||||||
Royalty revenue | 97.4 | [1] | 89.3 | 247.0 | [1] | 224.0 | ||||||||||||||||||||||||
Advertising and other revenue | 26.2 | [1] | 29.8 | 68.9 | [1] | 72.4 | ||||||||||||||||||||||||
Total revenue | 2,164.5 | [1] | 2,233.1 | 5,907.8 | [1] | 6,172.4 | ||||||||||||||||||||||||
Income before interest and taxes | 253.6 | [2] | 279.9 | 584.5 | [2] | 523.7 | ||||||||||||||||||||||||
Equity in net income of unconsolidated affiliates | 6.4 | 5.3 | 15.0 | 9.2 | ||||||||||||||||||||||||||
Net gain on deconsolidation of subsidiaries and joint venture | 0 | 8.0 | ||||||||||||||||||||||||||||
Debt modification and extinguishment costs | 0 | 0 | 0 | 93.1 | ||||||||||||||||||||||||||
Calvin Klein North America [Member]
|
||||||||||||||||||||||||||||||
Segment Reporting Information [Line Items] | ||||||||||||||||||||||||||||||
Net sales | 420.1 | [1] | 404.2 | 1,037.0 | [1] | 1,038.8 | ||||||||||||||||||||||||
Royalty revenue | 43.9 | [1] | 38.6 | 103.1 | [1] | 87.7 | ||||||||||||||||||||||||
Advertising and other revenue | 13.8 | [1] | 15.8 | 34.7 | [1] | 35.7 | ||||||||||||||||||||||||
Total revenue | 477.8 | [1] | 458.6 | 1,174.8 | [1] | 1,162.2 | ||||||||||||||||||||||||
Income before interest and taxes | 80.2 | [2],[3] | 76.5 | [4] | 166.7 | [2],[5] | 172.9 | [6] | ||||||||||||||||||||||
Calvin Klein International [Member]
|
||||||||||||||||||||||||||||||
Segment Reporting Information [Line Items] | ||||||||||||||||||||||||||||||
Net sales | 308.8 | [1] | 328.4 | 865.2 | [1] | 913.4 | ||||||||||||||||||||||||
Royalty revenue | 21.0 | [1] | 20.5 | 57.0 | [1] | 56.9 | ||||||||||||||||||||||||
Advertising and other revenue | 6.5 | [1] | 8.7 | 19.6 | [1] | 23.6 | ||||||||||||||||||||||||
Total revenue | 336.3 | [1] | 357.6 | 941.8 | [1] | 993.9 | ||||||||||||||||||||||||
Income before interest and taxes | 61.5 | [2],[3] | 50.4 | [4] | 145.5 | [2],[5] | 97.8 | [6],[7] | ||||||||||||||||||||||
Net gain on deconsolidation of subsidiaries and joint venture | 8.0 | |||||||||||||||||||||||||||||
Tommy Hilfiger North America [Member]
|
||||||||||||||||||||||||||||||
Segment Reporting Information [Line Items] | ||||||||||||||||||||||||||||||
Net sales | 416.5 | [1] | 421.7 | 1,142.8 | [1] | 1,162.9 | ||||||||||||||||||||||||
Royalty revenue | 13.4 | [1] | 10.0 | 32.9 | [1] | 22.3 | ||||||||||||||||||||||||
Advertising and other revenue | 4.0 | [1] | 3.4 | 9.4 | [1] | 7.4 | ||||||||||||||||||||||||
Total revenue | 433.9 | [1] | 435.1 | 1,185.1 | [1] | 1,192.6 | ||||||||||||||||||||||||
Income before interest and taxes | 57.1 | [2] | 75.4 | 146.2 | [2] | 180.9 | ||||||||||||||||||||||||
Tommy Hilfiger International [Member]
|
||||||||||||||||||||||||||||||
Segment Reporting Information [Line Items] | ||||||||||||||||||||||||||||||
Net sales | 439.1 | [1] | 478.3 | 1,239.5 | [1] | 1,424.0 | ||||||||||||||||||||||||
Royalty revenue | 13.6 | [1] | 14.9 | 38.0 | [1] | 42.4 | ||||||||||||||||||||||||
Advertising and other revenue | 1.0 | [1] | 1.3 | 2.8 | [1] | 3.4 | ||||||||||||||||||||||||
Total revenue | 453.7 | [1] | 494.5 | 1,280.3 | [1] | 1,469.8 | ||||||||||||||||||||||||
Income before interest and taxes | 68.6 | [2] | 80.1 | 169.3 | [2] | 205.4 | ||||||||||||||||||||||||
Heritage Brands Wholesale [Member]
|
||||||||||||||||||||||||||||||
Segment Reporting Information [Line Items] | ||||||||||||||||||||||||||||||
Net sales | 384.0 | [1] | 393.8 | 1,059.5 | [1] | 1,079.8 | ||||||||||||||||||||||||
Royalty revenue | 4.9 | [1] | 4.6 | 14.3 | [1] | 12.7 | ||||||||||||||||||||||||
Advertising and other revenue | 0.8 | [1] | 0.5 | 2.2 | [1] | 1.9 | ||||||||||||||||||||||||
Total revenue | 389.7 | [1] | 398.9 | 1,076.0 | [1] | 1,094.4 | ||||||||||||||||||||||||
Income before interest and taxes | 25.3 | [2],[3],[8] | 33.5 | [4] | 72.9 | [2],[5],[8] | 84.4 | [6] | ||||||||||||||||||||||
Business Exit Costs | 13.1 | 16.4 | ||||||||||||||||||||||||||||
Heritage Brands Retail [Member]
|
||||||||||||||||||||||||||||||
Segment Reporting Information [Line Items] | ||||||||||||||||||||||||||||||
Net sales | 72.4 | [1] | 87.6 | 247.9 | [1] | 257.1 | ||||||||||||||||||||||||
Royalty revenue | 0.6 | [1] | 0.7 | 1.7 | [1] | 2.0 | ||||||||||||||||||||||||
Advertising and other revenue | 0.1 | [1] | 0.1 | 0.2 | [1] | 0.4 | ||||||||||||||||||||||||
Total revenue | 73.1 | [1] | 88.4 | 249.8 | [1] | 259.5 | ||||||||||||||||||||||||
Income before interest and taxes | 0.5 | [2],[9] | (1.9) | (2.3) | [2],[9] | (3.8) | ||||||||||||||||||||||||
Corporate Segment [Member]
|
||||||||||||||||||||||||||||||
Segment Reporting Information [Line Items] | ||||||||||||||||||||||||||||||
Income before interest and taxes | (39.6) | [2],[3] | (34.1) | [4] | (113.8) | [10],[2],[5] | (213.9) | [11],[6] | ||||||||||||||||||||||
Equity in net income of unconsolidated affiliates | 2.2 | |||||||||||||||||||||||||||||
Debt modification and extinguishment costs | 93.1 | |||||||||||||||||||||||||||||
Warnaco Integration Costs [Member]
|
||||||||||||||||||||||||||||||
Segment Reporting Information [Line Items] | ||||||||||||||||||||||||||||||
Total costs incurred | 4.6 | 14.2 | ||||||||||||||||||||||||||||
Warnaco Integration Costs [Member] | Calvin Klein North America [Member]
|
||||||||||||||||||||||||||||||
Segment Reporting Information [Line Items] | ||||||||||||||||||||||||||||||
Total costs incurred | 3.3 | |||||||||||||||||||||||||||||
Warnaco Integration Costs [Member] | Calvin Klein International [Member]
|
||||||||||||||||||||||||||||||
Segment Reporting Information [Line Items] | ||||||||||||||||||||||||||||||
Total costs incurred | 1.4 | |||||||||||||||||||||||||||||
Warnaco Integration Costs [Member] | Heritage Brands Wholesale [Member]
|
||||||||||||||||||||||||||||||
Segment Reporting Information [Line Items] | ||||||||||||||||||||||||||||||
Total costs incurred | 4.2 | |||||||||||||||||||||||||||||
Warnaco Integration Costs [Member] | Corporate Segment [Member]
|
||||||||||||||||||||||||||||||
Segment Reporting Information [Line Items] | ||||||||||||||||||||||||||||||
Total costs incurred | 5.3 | |||||||||||||||||||||||||||||
Exit of Izod Retail Business [Member]
|
||||||||||||||||||||||||||||||
Segment Reporting Information [Line Items] | ||||||||||||||||||||||||||||||
Total costs incurred | 0.6 | 11.5 | ||||||||||||||||||||||||||||
Exit of Izod Retail Business [Member] | Heritage Brands Retail [Member]
|
||||||||||||||||||||||||||||||
Segment Reporting Information [Line Items] | ||||||||||||||||||||||||||||||
Business Exit Costs | 2.8 | 9.1 | ||||||||||||||||||||||||||||
Warnaco acquisition [Member] | Warnaco Integration Costs [Member]
|
||||||||||||||||||||||||||||||
Segment Reporting Information [Line Items] | ||||||||||||||||||||||||||||||
Business Combination, Integration Related Costs | 18.9 | 29.1 | 50.8 | 105.7 | ||||||||||||||||||||||||||
Warnaco acquisition [Member] | Warnaco Integration Costs [Member] | Calvin Klein North America [Member]
|
||||||||||||||||||||||||||||||
Segment Reporting Information [Line Items] | ||||||||||||||||||||||||||||||
Business Combination, Integration Related Costs | 2.7 | 2.1 | 5.6 | 10.8 | ||||||||||||||||||||||||||
Warnaco acquisition [Member] | Warnaco Integration Costs [Member] | Calvin Klein International [Member]
|
||||||||||||||||||||||||||||||
Segment Reporting Information [Line Items] | ||||||||||||||||||||||||||||||
Business Combination, Integration Related Costs | 3.9 | 13.2 | 7.6 | 36.5 | ||||||||||||||||||||||||||
Warnaco acquisition [Member] | Warnaco Integration Costs [Member] | Heritage Brands Wholesale [Member]
|
||||||||||||||||||||||||||||||
Segment Reporting Information [Line Items] | ||||||||||||||||||||||||||||||
Business Combination, Integration Related Costs | 1.4 | 4.7 | 7.1 | 13.0 | ||||||||||||||||||||||||||
Warnaco acquisition [Member] | Warnaco Integration Costs [Member] | Corporate Segment [Member]
|
||||||||||||||||||||||||||||||
Segment Reporting Information [Line Items] | ||||||||||||||||||||||||||||||
Business Combination, Integration Related Costs | $ 10.9 | $ 9.1 | $ 30.5 | $ 45.4 | ||||||||||||||||||||||||||
Karl Lagerfeld Joint Venture [Member]
|
||||||||||||||||||||||||||||||
Segment Reporting Information [Line Items] | ||||||||||||||||||||||||||||||
Equity Method Investment, Ownership Percentage | 10.00% | 10.00% | ||||||||||||||||||||||||||||
|
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
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
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
Amount of expenses associated with exit or disposal activities pursuant to an authorized plan. Includes, but is not limited to, one-time termination benefits, termination of an operating lease or other contract, consolidating or closing facilities, and relocating employees, and termination benefits associated with an ongoing benefit arrangement. Excludes expenses associated with special or contractual termination benefits, a discontinued operation or an asset retirement obligation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
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 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
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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- 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.
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- 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
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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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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
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- Details
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GUARANTEES (Details) (USD $)
In Millions, unless otherwise specified |
Nov. 01, 2015
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Feb. 01, 2015
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Nov. 02, 2014
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Guarantor Obligations [Line Items] | |||
Guarantor Obligations, Maximum Exposure, Undiscounted | $ 3.7 | ||
Guarantee Obligations Recourse | 2.3 | ||
Sale Of Bass [Member]
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Guarantor Obligations [Line Items] | |||
Guarantor Obligations, Maximum Exposure, Undiscounted | 42.3 | ||
Guarantees, Fair Value Disclosure | 2.1 | 3.0 | 3.2 |
PVH Australia and CK India [Member]
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Guarantor Obligations [Line Items] | |||
Guarantor Obligations, Maximum Exposure, Undiscounted | $ 7.8 |
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.
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- Details
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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
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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
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RECENT ACCOUNTING GUIDANCE Recent Accounting Guidance (Details) (USD $)
In Millions, unless otherwise specified |
Nov. 01, 2015
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Feb. 01, 2015
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Nov. 02, 2014
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Accounting Policies [Abstract] | |||
Unamortized debt issuance expense | $ 24.2 | $ 28.3 | $ 29.8 |
X | ||||||||||
- Details
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- Definition
The remaining balance of debt issuance expenses that were capitalized and are being amortized against income over the lives of the respective bond issues. This does not include the amounts capitalized as part of the cost of the utility plant or asset. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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