XML 47 R32.htm IDEA: XBRL DOCUMENT v3.21.2

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

9 Months Ended

Oct. 30, 2021

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.  There were no impairment, restructuring and COVID-19 related charges for the 13 and 39 weeks ended October 30, 2021.  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,				October 31,
(In thousands)		2020				2020
Impairment charges (1)		$	—			$	153,617
Incremental COVID-19 related expenses (2)			5,951				19,836
Severance and related employee costs			1,004				3,733
Total impairment, restructuring and COVID-19 related charges		$	6,955			$	177,186

(1)  During the 39 weeks ended October 31, 2020, the Company recorded asset impairment charges of $153.6 million.  Included in this amount are retail store impairment charges of $109.6 million, of which $84.1 million relates to operating lease ROU assets and $25.5 million relates to store property and equipment (fixtures and equipment and leasehold improvements).  We also recorded $26.0 million of impairment related charges to certain corporate property and equipment, as well as $18.0 million of impairment charges related to 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 Expenses in Consolidated Balance Sheet

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 30,
(In thousands)		2021
Restructuring liability as of January 30, 2021		$	2,812
Add: Costs incurred, excluding non-cash charges			—
Less: Cash payments and adjustments			(2,421	)
Restructuring liability as of October 30, 2021		$	391

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

Tabular disclosure of the components of accrued liabilities.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfAccruedLiabilitiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SAB TOPIC 5.P.3)
-URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140864-122747

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SAB TOPIC 5.P.4)
-URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747

+ Details

Name:	us-gaap_ScheduleOfRestructuringAndRelatedCostsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration