CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified	Jan. 28, 2012	Jan. 29, 2011
Current assets:
Cash and cash equivalents	$ 491,805	$ 427,037
Short-term investments	4,060	15,087
Accounts receivable, net	340,602	358,482
Inventories	328,602	294,705
Deferred tax assets	21,002	18,121
Other current assets	75,411	50,148
Total current assets	1,261,482	1,163,580
Property and equipment, net	348,885	313,856
Goodwill	29,070	29,595
Other intangible assets, net	10,697	9,192
Long-term deferred tax assets	52,613	55,455
Other assets	141,728	114,126
Total assets	1,844,475	1,685,804
Current liabilities:
Current portion of capital lease obligations and borrowings	2,030	2,177
Accounts payable	224,859	233,846
Accrued expenses	193,147	194,993
Total current liabilities	420,036	431,016
Capital lease obligations	10,206	12,218
Deferred rent and lease incentives	87,795	76,455
Other long-term liabilities	123,880	85,210
Total liabilities	641,917	604,899
Redeemable noncontrolling interests	8,293	14,711
Commitments and contingencies (Note 12)
Stockholders' equity:
Preferred stock, $.01 par value. Authorized 10,000,000 shares; no shares issued and outstanding
Common stock, $.01 par value. Authorized 150,000,000 shares; issued 138,089,021 and 137,579,379 shares, outstanding 89,631,328 and 92,290,744 shares, at January 28, 2012 and January 29, 2011, respectively	896	923
Paid-in capital	400,178	368,225
Retained earnings	1,155,696	960,460
Accumulated other comprehensive (loss) income	(23,197)	(8,578)
Treasury stock, 48,457,693 and 45,288,635 shares at January 28, 2012 and January 29, 2011, respectively	(357,943)	(266,154)
Guess?, Inc. stockholders' equity	1,175,630	1,054,876
Nonredeemable noncontrolling interests	18,635	11,318
Total stockholders' equity	1,194,265	1,066,194
Total liabilities and stockholders' equity	$ 1,844,475	$ 1,685,804

For a classified balance sheet, the cumulative difference between the rental income or payments required by a lease agreement and the rental income or expense recognized on a straight-line basis, or other systematic and rational basis more representative of the time pattern in which use or benefit is granted or derived from the leased property, expected to be recognized in income or expense, by the lessor or lessee, respectively, more than one year after the balance sheet date. Also includes the deferred credit for an incentive or inducement received by a lessee from a lessor, in order to motivate the lessee to enter the lease agreement, which incentive or inducement is to be recognized as a reduction of rental expense over the lease term.

No definition available.