XML 46 R50.htm IDEA: XBRL DOCUMENT
v3.20.1

Share-Based Compensation (Tables) | 12 Months Ended
--- | ---
Feb. 01, 2020
Share-based Payment Arrangement [Abstract] |
Schedule of share-based compensation expense recognized under all of the Company's stock plans | The following table summarizes the share-based compensation expense recognized under all of the Company’s stock plans during fiscal 2020, fiscal 2019 and fiscal 2018 (in thousands):
| Year Ended |  | Year Ended |  | Year Ended
| Feb 1, 2020 |  | Feb 2, 2019 |  | Feb 3, 2018
Stock options | $ | 2,811 |  |  | $ | 2,563 |  |  | $ | 2,345 |
Stock awards/units | 21,250 |  |  | 17,187 |  |  | 16,347 |
ESPP | 229 |  |  | 223 |  |  | 160 |
Total share-based compensation expense | $ | 24,290 |  |  | $ | 19,973 |  |  | $ | 18,852 |
Schedule of stock option activity under all of the Company's stock plans | The following table summarizes the stock option activity under all of the Company’s stock plans during fiscal 2020:
| Number of Shares |  | Weighted Average Exercise Price |  | Weighted Average Remaining Contractual Term (Years) |  | Aggregate Intrinsic Value ($000’s)
Options outstanding at February 2, 2019 | 3,580,909 |  |  | $ | 20.71 |  |  |  |  |  |
Granted | 1,812,800 |  |  | $ | 17.02 |  |  |  |  |  |
Exercised | (455,781 | ) |  | $ | 14.57 |  |  |  |  |  |
Forfeited | (1,145,066 | ) |  | $ | 18.82 |  |  |  |  |  |
Expired | (248,775 | ) |  | $ | 23.19 |  |  |  |  |  |
Options outstanding at February 1, 2020 | 3,544,087 |  |  | $ | 20.10 |  |  | 7.02 |  | $ | 13,102 |
Exercisable at February 1, 2020 | 1,537,712 |  |  | $ | 24.34 |  |  | 4.53 |  | $ | 4,152 |
Schedule of weighted average assumptions used for stock option grants | The fair value of each stock option was estimated on the grant date using the Black-Scholes option-pricing model with the following weighted average assumptions used for grants during fiscal 2020, fiscal 2019 and fiscal 2018:
| Year Ended |  | Year Ended |  | Year Ended
Valuation Assumptions | Feb 1, 2020 |  | Feb 2, 2019 |  | Feb 3, 2018
Risk-free interest rate | 2.3 | % |  | 2.3 | % |  | 1.5 | %
Expected stock price volatility | 48.9 | % |  | 46.1 | % |  | 37.1 | %
Expected dividend yield | 3.4 | % |  | 4.3 | % |  | 8.0 | %
Expected life of stock options | 4.4 years |  |  | 4.4 years |  |  | 4.4 years |
Schedule of nonvested stock awards/units activity under all of the Company's stock plans | The following table summarizes the nonvested stock awards/units activity under all of the Company’s stock plans during fiscal 2020:
| Number of Awards/Units |  | Weighted Average Grant Date Fair Value
Nonvested at February 2, 2019 | 2,632,169 |  |  | $ | 16.04 |
Granted | 1,073,555 |  |  | $ | 19.14 |
Vested | (960,846 | ) |  | $ | 17.27 |
Forfeited | (647,625 | ) |  | $ | 17.27 |
Nonvested at February 1, 2020 | 2,097,253 |  |  | $ | 16.68 |
Schedule of activity for nonvested performance-based units and nonvested market-based units | The following table summarizes the activity for nonvested performance-based units and nonvested market-based units included in the table above during fiscal 2020:
| Performance-Based Units |  | Market-Based Units
| Number of Units |  | Weighted Average Grant Date Fair Value |  | Number of Units |  | Weighted Average Grant Date Fair Value
Nonvested at February 2, 2019 | 1,371,230 |  |  | $ | 16.44 |  |  | 518,409 |  |  | $ | 14.28 |
Granted 1 | 455,339 |  |  | $ | 18.33 |  |  | 17,557 |  |  | $ | 15.20 |
Vested 1 | (222,308 | ) |  | $ | 17.53 |  |  | (158,014 | ) |  | $ | 15.20 |
Forfeited | (464,238 | ) |  | $ | 17.24 |  |  | (89,750 | ) |  | $ | 15.58 |
Nonvested at February 1, 2020 | 1,140,023 |  |  | $ | 16.66 |  |  | 288,202 |  |  | $ | 13.43 |
______________________________________________________________________ 1 As a result of the achievement of certain market-based vesting conditions, there were 17,557 shares that vested in addition to the original target number of shares granted in fiscal 2017.
Schedule of assumptions used for market-based nonvested stock units | The fair value of each market-based nonvested stock unit was estimated on the grant date using the Monte Carlo simulation. There were no new market-based nonvested stock units granted during fiscal 2020. The following assumptions were used for the grants during fiscal 2019 and fiscal 2018:
| Year Ended |  | Year Ended
Valuation Assumptions | Feb 2, 2019 |  | Feb 3, 2018
Risk-free interest rate | 2.6 | % |  | 1.4 | %
Expected stock price volatility | 42.1 | % |  | 39.7 | %
Expected dividend yield | — | % |  | — | %
Expected life of market-based awards | 2.6 years |  |  | 2.8 years |
Schedule of weighted average assumptions used for ESPP | The fair value of stock compensation expense associated with the Company’s ESPP was estimated on the date of grant using the Black-Scholes option-pricing valuation model with the following weighted average assumptions used for grants during fiscal 2020, fiscal 2019 and fiscal 2018.
| Year Ended |  | Year Ended |  | Year Ended
Valuation Assumptions | Feb 1, 2020 |  | Feb 2, 2019 |  | Feb 3, 2018
Risk-free interest rate | 2.0 | % |  | 2.0 | % |  | 1.0 | %
Expected stock price volatility | 51.7 | % |  | 59.1 | % |  | 45.8 | %
Expected dividend yield | 3.4 | % |  | 4.6 | % |  | 7.6 | %
Expected life of ESPP options | 3 months |  |  | 3 months |  |  | 3 months |

X
- Definition Tabular disclosure of the changes in outstanding nonvested performance-based and market-based units. + References No definition available. + Details
Name: | ges_ScheduleofNonvestedPerformancebasedUnitsandNonvestedMarketbasedUnitsActivityTableTextBlock
Namespace Prefix: | ges_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of market-based performance shares, including, but not limited to: (a) expected term, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References No definition available. + Details
Name: | ges_ScheduleofSharebasedPaymentAwardMarketbasedPerformanceSharesValuationAssumptionsTableTextBlock
Namespace Prefix: | ges_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of cost recognized for award under share-based payment arrangement by plan. Includes, but is not limited to, related tax benefit. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the changes in outstanding nonvested shares. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfNonvestedShareActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of employee stock purchase plans, including, but not limited to: (a) expected term, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedPaymentAwardEmployeeStockPurchasePlanValuationAssumptionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration