XML 72 R55.htm IDEA: XBRL DOCUMENT
v3.25.1

Share-Based Compensation (Tables) | 12 Months Ended
--- | ---
Feb. 01, 2025
Share-Based Payment Arrangement [Abstract] |
Schedule of Share-Based Compensation Expense Recognized | The following summarizes the share-based compensation expense recognized under all of the Company’s stock plans (in thousands):
| Year Ended
| Feb 1, 2025 |  | Feb 3, 2024 |  | Jan 28, 2023
Stock options | $ | — |  |  | $ | 713 |  |  | $ | 2,709 |
Stock awards/units | 19,230 |  |  | 19,369 |  |  | 17,478 |
ESPP | 159 |  |  | 164 |  |  | 208 |
Total share-based compensation expense | $ | 19,389 |  |  | $ | 20,246 |  |  | $ | 20,395 |
Schedule of Stock Option Activity | The following summarizes the stock option activity under all of the Company’s stock plans:
| Number of Shares |  | Weighted Average Exercise Price |  | Weighted Average Remaining Contractual Term (Years) |  | Aggregate Intrinsic Value ($000’s)
Options outstanding at February 3, 2024 | 2,140,602 |  |  | $ | 15.69 |  |  |  |  |
Granted | — |  |  | $ | — |  |  |  |  |
Exercised | (324,625) |  |  | $ | 20.22 |  |  |  |  |
Forfeited | (13,175) |  |  | $ | 16.24 |  |  |  |  |
Expired | (25,000) |  |  | $ | 19.58 |  |  |  |  |
Options outstanding at February 1, 2025 | 1,777,802 |  |  | $ | 12.46 |  |  | 4.29 |  | $ | 5,266 |
Exercisable at February 1, 2025 | 1,777,802 |  |  | $ | 12.46 |  |  | 4.29 |  | $ | 5,266 |
Schedule of Nonvested Stock Awards/Units Activity | The following summarizes the nonvested stock awards/units’ activity under all of the Company’s stock plans:
| Number of Awards/Units |  | Weighted Average Grant Date Fair Value
Nonvested at February 3, 2024 | 1,947,856 |  |  | $ | 19.56 |
Granted | 2,216,481 |  |  | $ | 19.85 |
Vested | (934,214) |  |  | $ | 20.59 |
Forfeited | (112,377) |  |  | $ | 22.61 |
Nonvested at February 1, 2025 | 3,117,746 |  |  | $ | 19.35 |
Schedule of Activity for Nonvested Performance-Based and Market-Based Units | The following summarizes the activity for nonvested performance-based units and nonvested market-based units included in the above:
| 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 3, 2024 | 376,916 |  |  | $ | 18.36 |  |  | 722,780 |  |  | $ | 19.55 |
Granted 1 | 234,498 |  |  | $ | 19.19 |  |  | 235,917 |  |  | $ | 20.35 |
Vested 1 | (261,393) |  |  | $ | 18.45 |  |  | (172,601) |  |  | $ | 17.77 |
Forfeited | (1,983) |  |  | $ | 19.83 |  |  | (2,509) |  |  | $ | 20.90 |
Nonvested at February 1, 2025 | 348,038 |  |  | $ | 18.84 |  |  | 783,587 |  |  | $ | 20.18 |
______________________________________________________________________ 1 As a result of the achievement of certain market-based vesting conditions, there were 43,150 shares that vested in addition to the original target number of market-based shares granted in fiscal 2022.
Schedule of Assumptions Used for Market-Based Nonvested Stock Units | The following assumptions were used for the grants:
|  | Year Ended
Valuation Assumptions |  | Feb 1, 2025 |  | Feb 3, 2024 |  | Jan 28, 2023
Risk-free interest rate |  | 3.9 | % |  | 3.7 | % |  | 2.8 | %
Expected stock price volatility |  | 49.0 | % |  | 59.7 | % |  | 71.3 | %
Expected dividend yield |  | — | % |  | — | % |  | — | %
Expected life of market-based awards |  | 2.3 years |  | 2.7 years |  | 2.7 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:
|  | Year Ended
Valuation Assumptions |  | Feb 1, 2025 |  | Feb 3, 2024 |  | Jan 28, 2023
Risk-free interest rate |  | 5.0 | % |  | 5.2 | % |  | 2.4 | %
Expected stock price volatility |  | 38.8 | % |  | 40.8 | % |  | 55.4 | %
Expected dividend yield |  | 6.5 | % |  | 5.8 | % |  | 5.3 | %
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: | dtr-types1: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: | dtr-types1: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 -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types: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 -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfNonvestedShareActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types: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 -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (e) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types: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 -Topic 718 -SubTopic 10 -Subparagraph (f)(2) -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfShareBasedPaymentAwardEmployeeStockPurchasePlanValuationAssumptionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration