XML 32 R20.htm IDEA: XBRL DOCUMENT
v3.20.2

Impairment, Restructuring and COVID-19 Related Charges | 9 Months Ended
--- | ---
Oct. 31, 2020
Restructuring And Related Activities [Abstract] |
Impairment, Restructuring and COVID-19 Related Charges | 12. Impairment, Restructuring and COVID-19 Related Charges The following table represents impairment, restructuring and COVID-19 related charges for the 13 and 39 weeks ended October 31, 2020 and November 2, 2019. All amounts were recorded within impairment, restructuring and COVID-19 related charges on the Consolidated Statements of Operations.
|  | 13 weeks ended |  |  | 39 weeks ended |
|  | October 31, |  |  | November 2, |  |  | October 31, |  |  | November 2, |
(In thousands) |  | 2020 |  |  | 2019 |  |  | 2020 |  |  | 2019 |
Impairment charges (1) |  | $ | — |  |  | $ | — |  |  | $ | 153,617 |  |  | $ | — |
Incremental COVID-19 related expenses(2) |  |  | 5,951 |  |  |  | — |  |  |  | 19,836 |  |  |  | — |
Severance and related employee costs |  |  | 1,004 |  |  |  | — |  |  |  | 3,733 |  |  |  | 4,272 |
Total impairment, restructuring and COVID-19 related charges |  | $ | 6,955 |  |  | $ | — |  |  | $ | 177,186 |  |  | $ | 4,272 |
| (1) | There were no impairment charges recorded during the 13 weeks ended October 31, 2020. During the 39 weeks ended October 31, 2020, the Company recorded impairment charges of $153.6 million. Of the total, $84.1 million related to the impairment of the operating lease ROU assets of 272 stores. We recorded $51.5 million related to the impairment of certain corporate and store property and equipment. We also recorded $18.0 million of impairment of certain cost and equity method investments.
| (2) | Incremental COVID-19 related expenses consist of personal protective equipment and supplies for our associates and customers.
A roll-forward of restructuring liabilities recognized in accrued compensation and payroll taxes and other current liabilities and accrued expenses in the Consolidated Balance Sheet is as follows:
|  | 39 Weeks Ended |
|  | October 31, |
(In thousands) |  | 2020 |
Accrued liability as of February 1, 2020 |  | $ | 4,187 |
Add: Costs incurred, excluding non-cash charges |  |  | 23,568 |
Less: Cash payments and adjustments |  |  | (23,771 | )
Accrued liability as of October 31, 2020 |  | $ | 3,984 |

X
- References No definition available. + Details
Name: | us-gaap_RestructuringAndRelatedActivitiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire 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. + References No definition available. + Details
Name: | us-gaap_RestructuringImpairmentAndOtherActivitiesDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration