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Quarterly Information (Unaudited) | 12 Months Ended
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Feb. 02, 2013
Quarterly Financial Information Disclosure [Abstract] |
Quarterly Information (Unaudited) | (14) Quarterly Information (Unaudited) The following is a summary of the unaudited quarterly financial information for fiscal 2013 and fiscal 2012 (in thousands, except per share data):
|  | Quarterly Periods Ended (1)
Year ended February 2, 2013 |  | Apr 28, 2012 |  | Jul 28, 2012 |  | Oct 27, 2012 |  | Feb 2, 2013
Net revenue |  | $ | 579,266 |  |  | $ | 635,393 |  |  | $ | 628,828 |  |  | $ | 815,118 |
Gross profit |  | 235,076 |  |  | 251,560 |  |  | 247,609 |  |  | 332,878 |
Net earnings |  | 27,213 |  |  | 42,949 |  |  | 37,459 |  |  | 73,865 |
Net earnings attributable to Guess?, Inc. |  | 26,646 |  |  | 42,899 |  |  | 36,647 |  |  | 72,552 |
Net earnings per common share attributable to common stockholders: (3) (4) |  |  |  |  |  |  |  |
Basic |  | $ | 0.30 |  |  | $ | 0.49 |  |  | $ | 0.43 |  |  | $ | 0.85 |
Diluted |  | $ | 0.30 |  |  | $ | 0.49 |  |  | $ | 0.43 |  |  | $ | 0.85 |
|  | Quarterly Periods Ended (1) (2)
Year ended January 28, 2012 |  | Apr 30, 2011 |  | Jul 30, 2011 |  | Oct 29, 2011 |  | Jan 28, 2012
Net revenue |  | $ | 592,244 |  |  | $ | 677,159 |  |  | $ | 642,803 |  |  | $ | 775,842 |
Gross profit |  | 248,030 |  |  | 297,456 |  |  | 275,601 |  |  | 335,138 |
Net earnings |  | 43,584 |  |  | 61,810 |  |  | 66,846 |  |  | 98,410 |
Net earnings attributable to Guess?, Inc. |  | 42,682 |  |  | 60,657 |  |  | 66,295 |  |  | 95,866 |
Net earnings per common share attributable to common stockholders: (3) (5) |  |  |  |  |  |  |  |
Basic |  | $ | 0.46 |  |  | $ | 0.65 |  |  | $ | 0.71 |  |  | $ | 1.05 |
Diluted |  | $ | 0.46 |  |  | $ | 0.65 |  |  | $ | 0.71 |  |  | $ | 1.05 |
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(1) | All fiscal quarters presented consisted of 13 weeks with the exception of the quarter ended February 2, 2013 which consisted of 14 weeks.
(2) | The Company has made certain reclassifications to the prior year’s consolidated financial statements to conform to classifications in the current year. During each of the fiscal quarters in the year ended January 28, 2012, the Company reclassified certain retail distribution costs from selling, general and administrative expenses to cost of product sales to conform to current period presentation. This reclassification had no impact on previously reported earnings from operations, net earnings or net earnings per share.
(3) | Per common share amounts for the quarters and full years have been calculated separately. Accordingly, quarterly amounts may not add to the annual amount because of differences in the average common shares outstanding during each period.
(4) | In January 2013, the Company settled a tax audit dispute in Italy, resulting in a charge of $12.8 million in the fourth quarter of fiscal 2013, in excess of amounts previously reserved, which was partially offset by unrelated tax benefits of $4.0 million. Refer to Note 9 for further detail regarding the tax settlement charge.
(5) | During the quarter ended July 30, 2011, the Company experienced a temporary disruption in service with a former third party logistics service provider in Europe. On July 29, 2011, the Company entered into a settlement agreement with this service provider to facilitate a transition to a new service provider and recorded a settlement charge of $19.5 million related to amounts paid in connection with this agreement. The settlement charge is included within operating expenses of the Europe segment for the quarter ended July 30, 2011.

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- Definition The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=20225539&loc=d3e1280-108306 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 6 -Section G -Subsection 1 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=6372559&loc=d3e765-108305 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Principles Board Opinion (APB) -Number 28 -Paragraph 30 -Subparagraph a-j -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6372559&loc=d3e725-108305 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Principles Board Opinion (APB) -Number 28 -Paragraph 23, 24 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 302 -Paragraph a + Details
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