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Quarterly Information (Unaudited) | 12 Months Ended
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Jan. 28, 2017
Quarterly Financial Information Disclosure [Abstract] |
Quarterly Information (Unaudited) | Quarterly Information (Unaudited) The following is a summary of the unaudited quarterly financial information for fiscal 2017 and fiscal 2016 (in thousands, except per share data):
|  | Quarterly Periods Ended (1)
Year Ended January 28, 2017 |  | Apr 30, 2016 |  | Jul 30, 2016 |  | Oct 29, 2016 |  | Jan 28, 2017
Net revenue |  | $ | 448,815 |  |  | $ | 544,959 |  |  | $ | 536,321 |  |  | $ | 679,273 |
Gross profit |  | 142,759 |  |  | 185,632 |  |  | 180,242 |  |  | 236,407 |
Net earnings (loss) |  | (25,154 | ) |  | 32,167 |  |  | 9,729 |  |  | 8,656 |
Net earnings (loss) attributable to Guess?, Inc. |  | (25,178 | ) |  | 32,269 |  |  | 9,103 |  |  | 6,567 |
Net earnings (loss) per common share attributable to common stockholders: (2) (3) (4) (5) (6) |  |  |  |  |  |  |  |
Basic |  | $ | (0.30 | ) |  | $ | 0.38 |  |  | $ | 0.11 |  |  | $ | 0.08 |
Diluted |  | $ | (0.30 | ) |  | $ | 0.38 |  |  | $ | 0.11 |  |  | $ | 0.08 |
|  | Quarterly Periods Ended (1)
Year Ended January 30, 2016 |  | May 2, 2015 |  | Aug 1, 2015 |  | Oct 31, 2015 |  | Jan 30, 2016
Net revenue |  | $ | 478,824 |  |  | $ | 546,264 |  |  | $ | 520,964 |  |  | $ | 658,259 |
Gross profit |  | 165,485 |  |  | 198,117 |  |  | 183,664 |  |  | 240,164 |
Net earnings |  | 3,987 |  |  | 18,479 |  |  | 13,061 |  |  | 49,288 |
Net earnings attributable to Guess?, Inc. |  | 3,341 |  |  | 18,289 |  |  | 12,444 |  |  | 47,777 |
Net earnings per common share attributable to common stockholders: (2) (3) |  |  |  |  |  |  |  |
Basic |  | $ | 0.04 |  |  | $ | 0.21 |  |  | $ | 0.15 |  |  | $ | 0.57 |
Diluted |  | $ | 0.04 |  |  | $ | 0.21 |  |  | $ | 0.15 |  |  | $ | 0.57 |
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(1) | All fiscal quarters presented consisted of 13 weeks.
(2) | 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.
(3) | During each of the periods presented, the Company recognized asset impairment charges for certain retail locations resulting from under-performance and expected store closures. The Company recorded asset impairment charges of $0.2 million, $0.5 million, $0.8 million and $32.9 million, respectively, during the first, second, third and fourth quarters of fiscal 2017. The Company also recorded asset impairment charges of $1.1 million, $0.7 million, $0.2 million and $0.3 million, respectively, during the first, second, third and fourth quarters of fiscal 2016. Refer to Note 5 for further detail regarding the asset impairment charges.
(4) | During fiscal 2017, the Company recorded restructuring charges of $6.1 million and a related estimated exit tax charge of approximately $1.9 million. The restructuring charges and related estimated exit tax charge were recorded during the three months ended April 30, 2016. Refer to Note 9 for further detail regarding these charges.
(5) | During fiscal 2017, the Company sold its minority interest equity holding in a privately-held boutique apparel company for net proceeds of approximately $34.8 million, which resulted in a gain of approximately $22.3 million which was recorded in other income. The gain was recorded during the three months ended July 30, 2016.
(6) | During fiscal 2017, the Company recorded valuation reserves of $6.8 million resulting from jurisdictions where there have been cumulative net operating losses, limiting the Company’s ability to consider other subjective evidence to continue to recognize the existing deferred tax assets. The Company recorded the valuation reserve during the three months ended January 28, 2017. Refer to Note 11 for further details.

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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=68076893&loc=d3e1570-108306 Reference 2: 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=68064558&loc=d3e765-108305 Reference 3: 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=68064558&loc=d3e725-108305 + Details
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