XML 21 R25.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Stockholders' Equity and Redeemable Noncontrolling Interests (Tables) | 6 Months Ended
--- | ---
Aug. 02, 2014
Stockholders' Equity and Redeemable Noncontrolling Interests [Abstract] |
Reconciliation of the total carrying amount of total stockholders' equity, Guess, Inc. stockholders' equity and stockholders' equity attributable to nonredeemable and redeemable noncontrolling interests | A reconciliation of the total carrying amount of total stockholders’ equity, Guess?, Inc. stockholders’ equity and stockholders’ equity attributable to nonredeemable and redeemable noncontrolling interests for the fiscal year ended February 1, 2014 and six months ended August 2, 2014 is as follows (in thousands):
| Stockholders’ Equity |  |
| Guess?, Inc. Stockholders’ Equity |  | Nonredeemable Noncontrolling Interests |  | Total |  | Redeemable Noncontrolling Interests
Balance at February 2, 2013 | $ | 1,086,992 |  |  | $ | 13,876 |  |  | $ | 1,100,868 |  |  | $ | 3,144 |
Net earnings | 153,434 |  |  | 4,277 |  |  | 157,711 |  |  | — |
Foreign currency translation adjustment | (17,621 | ) |  | (804 | ) |  | (18,425 | ) |  | (104 | )
Gain on derivative financial instruments designated as cash flow hedges, net of income tax of ($237) | 1,669 |  |  | — |  |  | 1,669 |  |  | — |
Loss on marketable securities, net of income tax of $4 | (7 | ) |  | — |  |  | (7 | ) |  | — |
SERP plan amendment, prior service cost amortization and actuarial valuation gain (loss) and related amortization, net of income tax of ($2,963) | 4,619 |  |  | — |  |  | 4,619 |  |  | — |
Issuance of common stock under stock compensation plans, net of tax effect | 2,404 |  |  | — |  |  | 2,404 |  |  | — |
Issuance of stock under Employee Stock Purchase Plan | 980 |  |  | — |  |  | 980 |  |  | — |
Share-based compensation | 13,949 |  |  | — |  |  | 13,949 |  |  | — |
Dividends | (68,215 | ) |  | — |  |  | (68,215 | ) |  | — |
Share repurchases | (22,099 | ) |  | — |  |  | (22,099 | ) |  | — |
Noncontrolling interest capital contribution | — |  |  | — |  |  | — |  |  | 1,199 |
Noncontrolling interest capital distribution | — |  |  | (1,877 | ) |  | (1,877 | ) |  | — |
Redeemable noncontrolling interest redemption value adjustment | (1,591 | ) |  | — |  |  | (1,591 | ) |  | 1,591 |
Balance at February 1, 2014 | $ | 1,154,514 |  |  | $ | 15,472 |  |  | $ | 1,169,986 |  |  | $ | 5,830 |
Net earnings | 19,853 |  |  | 232 |  |  | 20,085 |  |  | — |
Foreign currency translation adjustment | 2,425 |  |  | 117 |  |  | 2,542 |  |  | 65 |
Gain on derivative financial instruments designated as cash flow hedges, net of income tax of $476 | 479 |  |  | — |  |  | 479 |  |  | — |
Loss on marketable securities, net of income tax of $58 | (95 | ) |  | — |  |  | (95 | ) |  | — |
SERP prior service credit and actuarial valuation amortization, net of income tax of ($135) | 218 |  |  | — |  |  | 218 |  |  | — |
Issuance of common stock under stock compensation plans, net of tax effect | (93 | ) |  | — |  |  | (93 | ) |  | — |
Issuance of stock under Employee Stock Purchase Plan | 635 |  |  | — |  |  | 635 |  |  | — |
Share-based compensation | 7,613 |  |  | — |  |  | 7,613 |  |  | — |
Dividends | (38,486 | ) |  | — |  |  | (38,486 | ) |  | — |
Redeemable noncontrolling interest redemption value adjustment | 427 |  |  | — |  |  | 427 |  |  | (427 | )
Balance at August 2, 2014 | $ | 1,147,490 |  |  | $ | 15,821 |  |  | $ | 1,163,311 |  |  | $ | 5,468 |
Schedule of changes in accumulated other comprehensive income (loss) | The changes in accumulated other comprehensive income (loss), net of related income taxes, for the three and six months ended August 2, 2014 and August 3, 2013 are as follows (in thousands):
| Three Months Ended Aug 2, 2014
| Foreign Currency Translation Adjustment |  | Derivative Financial Instruments Designated as Cash Flow Hedges |  | Marketable Securities |  | SERP |  | Total
Balance at May 3, 2014 | $ | 14,846 |  |  | $ | (1,667 | ) |  | $ | 33 |  |  | $ | (6,679 | ) |  | $ | 6,533 |
Gains (losses) arising during the period | (19,424 | ) |  | 1,352 |  |  | (25 | ) |  | — |  |  | (18,097 | )
Reclassification to net earnings for losses realized | — |  |  | 681 |  |  | — |  |  | 109 |  |  | 790 |
Net other comprehensive income (loss) | (19,424 | ) |  | 2,033 |  |  | (25 | ) |  | 109 |  |  | (17,307 | )
Balance at August 2, 2014 | $ | (4,578 | ) |  | $ | 366 |  |  | $ | 8 |  |  | $ | (6,570 | ) |  | $ | (10,774 | )
| Six Months Ended Aug 2, 2014
| Foreign Currency Translation Adjustment |  | Derivative Financial Instruments Designated as Cash Flow Hedges |  | Marketable Securities |  | SERP |  | Total
Balance at February 1, 2014 | $ | (7,003 | ) |  | $ | (113 | ) |  | $ | 103 |  |  | $ | (6,788 | ) |  | $ | (13,801 | )
Gains (losses) arising during the period | 2,425 |  |  | (706 | ) |  | (41 | ) |  | — |  |  | 1,678 |
Reclassification to net earnings for (gains) losses realized | — |  |  | 1,185 |  |  | (54 | ) |  | 218 |  |  | 1,349 |
Net other comprehensive income (loss) | 2,425 |  |  | 479 |  |  | (95 | ) |  | 218 |  |  | 3,027 |
Balance at August 2, 2014 | $ | (4,578 | ) |  | $ | 366 |  |  | $ | 8 |  |  | $ | (6,570 | ) |  | $ | (10,774 | )
| Three Months Ended Aug 3, 2013
| Foreign Currency Translation Adjustment |  | Derivative Financial Instruments Designated as Cash Flow Hedges |  | Marketable Securities |  | SERP |  | Total
Balance at May 4, 2013 | $ | (14,148 | ) |  | $ | 1,918 |  |  | $ | 169 |  |  | $ | (11,140 | ) |  | $ | (23,201 | )
Gains (losses) arising during the period | 2,951 |  |  | 64 |  |  | (81 | ) |  | 2,796 |  |  | 5,730 |
Reclassification to net earnings for (gains) losses realized | — |  |  | (424 | ) |  | — |  |  | 268 |  |  | (156 | )
Net other comprehensive income (loss) | 2,951 |  |  | (360 | ) |  | (81 | ) |  | 3,064 |  |  | 5,574 |
Balance at August 3, 2013 | $ | (11,197 | ) |  | $ | 1,558 |  |  | $ | 88 |  |  | $ | (8,076 | ) |  | $ | (17,627 | )
| Six Months Ended Aug 3, 2013
| Foreign Currency Translation Adjustment |  | Derivative Financial Instruments Designated as Cash Flow Hedges |  | Marketable Securities |  | SERP |  | Total
Balance at February 2, 2013 | $ | 10,618 |  |  | $ | (1,782 | ) |  | $ | 110 |  |  | $ | (11,407 | ) |  | $ | (2,461 | )
Gains (losses) arising during the period | (21,815 | ) |  | 4,152 |  |  | (22 | ) |  | 2,796 |  |  | (14,889 | )
Reclassification to net earnings for (gains) losses realized | — |  |  | (812 | ) |  | — |  |  | 535 |  |  | (277 | )
Net other comprehensive income (loss) | (21,815 | ) |  | 3,340 |  |  | (22 | ) |  | 3,331 |  |  | (15,166 | )
Balance at August 3, 2013 | $ | (11,197 | ) |  | $ | 1,558 |  |  | $ | 88 |  |  | $ | (8,076 | ) |  | $ | (17,627 | )
Reclassifications out of accumulated other comprehensive income (loss) | Details on reclassifications out of accumulated other comprehensive income (loss) to net earnings during the three and six months ended August 2, 2014 and August 3, 2013 are as follows (in thousands):
| Three Months Ended |  | Six Months Ended |  | Location of (Gain) Loss Reclassified from Accumulated OCI into Earnings
| Aug 2, 2014 |  | Aug 3, 2013 |  | Aug 2, 2014 |  | Aug 3, 2013 |
Derivative financial instruments designated as cash flow hedges: |  |  |  |  |  |  |  |  |
Foreign exchange currency contracts | $ | 265 |  |  | $ | (393 | ) |  | $ | 759 |  |  | $ | (872 | ) |  | Cost of sales
Foreign exchange currency contracts | 25 |  |  | (115 | ) |  | 56 |  |  | (94 | ) |  | Other income/expense
Less income tax effect | 391 |  |  | 84 |  |  | 370 |  |  | 154 |  |  | Income tax expense
| 681 |  |  | (424 | ) |  | 1,185 |  |  | (812 | ) |  |
Marketable securities: |  |  |  |  |  |  |  |  |
Available-for-sale securities | — |  |  | — |  |  | (87 | ) |  | — |  |  | Other income/expense
Less income tax effect | — |  |  | — |  |  | 33 |  |  | — |  |  | Income tax expense
| — |  |  | — |  |  | (54 | ) |  | — |  |  |
SERP: |  |  |  |  |  |  |  |  |
Actuarial loss amortization | 235 |  |  | 277 |  |  | 469 |  |  | 554 |  |  | (1)
Prior service (credit) cost amortization | (58 | ) |  | 156 |  |  | (116 | ) |  | 311 |  |  | (1)
Less income tax effect | (68 | ) |  | (165 | ) |  | (135 | ) |  | (330 | ) |  | Income tax expense
| 109 |  |  | 268 |  |  | 218 |  |  | 535 |  |  |
Total reclassifications during the period | $ | 790 |  |  | $ | (156 | ) |  | $ | 1,349 |  |  | $ | (277 | ) |  |
__________________________________
(1) | These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension cost. Refer to Note 13 for further information.

X
- Definition Tabular disclosure of changes in the separate accounts comprising stockholders' equity including nonredeemable and redeemable noncontrolling interests. + References No definition available. + Details
Name: | ges_ScheduleOfStockholdersEquityIncludingRedeemableAndNonredeemableNoncontrollingInterestTableTextBlock
Namespace Prefix: | ges_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | ges_StockholdersEquityAndRedeemableNoncontrollingInterestsAbstract
Namespace Prefix: | ges_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss). + References No definition available. + Details
Name: | us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=28358780&loc=SL7669686-108580 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration