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
Granted1			234,498						$	19.19					235,917						$	20.35
Vested1			(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

______________________________________________________________________

1As 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