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Impairment, Restructuring and COVID-19 Related Charges (Tables)

9 Months Ended

Oct. 31, 2020

Restructuring And Related Activities [Abstract]

Summary of 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.

Rollforward of Restructuring Liabilities Recognized in Accrued Compensation and Payroll Taxes and Other Current Liabilities and Accrued Expense in Consolidated Balance Sheets

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

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Tabular disclosure of the components of accrued liabilities.

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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.

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