XML 71 R35.htm IDEA: XBRL DOCUMENT
v3.20.1

INCOME TAXES Taxes by Country (Tables) | 12 Months Ended
--- | ---
Feb. 01, 2020
INCOME TAXES [Abstract] |
Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block] |
|  | Fiscal Year Ended
|  | February 1, 2020 |  | February 2, 2019 |  | February 3, 2018
|  | (In thousands)
Domestic |  | $ | 36,660 |  |  | $ | 49,820 |  |  | $ | 100,288 |
Foreign |  | 51,757 |  |  | 58,704 |  |  | 60,915 |
Total income before provision for income taxes |  | $ | 88,417 |  |  | $ | 108,524 |  |  | $ | 161,203 |
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] |
|  | Fiscal Year Ended
|  | February 1, 2020 |  | February 2, 2019 |  | February 3, 2018
|  | (In thousands)
Current: |  |  |  |  |  |
Federal |  | $ | 1,810 |  |  | $ | 594 |  |  | $ | 31,334 |
State and local |  | 1,186 |  |  | 2,519 |  |  | (1,341 | )
Foreign |  | 6,757 |  |  | 10,019 |  |  | 11,618 |
|  | 9,753 |  |  | 13,132 |  |  | 41,611 |
Deferred: |  |  |  |  |  |
Federal |  | 4,240 |  |  | (3,418 | ) |  | 30,828 |
State and local |  | 1,066 |  |  | (2,324 | ) |  | 3,546 |
Foreign |  | 58 |  |  | 174 |  |  | 520 |
|  | 5,364 |  |  | (5,568 | ) |  | 34,894 |
Total provision for income taxes |  | $ | 15,117 |  |  | $ | 7,564 |  |  | $ | 76,505 |
Effective tax rate |  | 17.1 | % |  | 7.0 | % |  | 47.5 | %
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] |
|  | Fiscal Year Ended
|  | February 1, 2020 |  | February 2, 2019 |  | February 3, 2018
|  | (In thousands)
Calculated income tax provision at U.S. federal statutory rate |  | $ | 18,568 |  |  | $ | 22,790 |  |  | $ | 55,246 |
State and local income taxes, net of federal benefit (1) |  | 1,779 |  |  | 154 |  |  | 1,449 |
Foreign tax rate differential (2) |  | (5,019 | ) |  | (3,801 | ) |  | (10,794 | )
Non-deductible expenses |  | 1,491 |  |  | 861 |  |  | 514 |
Excess tax benefits related to stock compensation |  | (1,914 | ) |  | (11,804 | ) |  | (14,665 | )
U.S. transition taxes on deemed repatriation of foreign earnings |  | — |  |  | 338 |  |  | 37,607 |
Revaluation of deferred tax assets and liabilities |  | — |  |  | (295 | ) |  | 5,646 |
Foreign withholding and state tax on unremitted earnings |  | — |  |  | (244 | ) |  | 7,483 |
Unrecognized tax benefits |  | 1,304 |  |  | 1,092 |  |  | (3,199 | )
Change in valuation allowance |  | (21 | ) |  | (62 | ) |  | (28 | )
Global intangible low-taxed income |  | 836 |  |  | 1,033 |  |  | — |
Federal tax credits |  | (1,790 | ) |  | (2,188 | ) |  | (1,857 | )
Other |  | (117 | ) |  | (310 | ) |  | (897 | )
Total provision for income taxes |  | $ | 15,117 |  |  | $ | 7,564 |  |  | $ | 76,505 |
Schedule of Deferred Tax Assets and Liabilities [Table Text Block] |
|  | February 1, 2020 |  | February 2, 2019
|  | (In thousands)
Noncurrent Assets: |  |  |  |
Lease liabilities |  | 115,409 |  |  | 11,702 |
ROU assets |  | (104,392 | ) |  | — |
Stock-based compensation |  | 2,288 |  |  | 9,321 |
Reserves |  | 8,994 |  |  | 7,955 |
Inventory |  | 1,620 |  |  | 3,401 |
Property and equipment, net |  | (13,016 | ) |  | (13,499 | )
Capitalized research and development, net |  | 4,156 |  |  | 1,904 |
Tradenames and customer databases, net |  | (737 | ) |  | — |
Prepaid expenses |  | (735 | ) |  | (958 | )
Foreign and state tax on unremitted earnings |  | (1,561 | ) |  | (1,806 | )
Hedging transactions |  | (270 | ) |  | (270 | )
Net operating loss carryforwards and other tax credits |  | 2,101 |  |  | 721 |
Valuation allowance |  | (916 | ) |  | (721 | )
Total deferred tax asset, net |  | $ | 12,941 |  |  | $ | 17,750 |
Summary of Positions for which Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Table Text Block] |
|  | February 1, 2020 |  | February 2, 2019
|  | (In thousands)
Beginning Balance |  | $ | 5,002 |  |  | $ | 3,905 |
Additions for current year tax positions |  | 1,399 |  |  | 1,209 |
Additions for prior year tax positions |  | 270 |  |  | 101 |
Reductions for prior year tax positions |  | — |  |  | (118 | )
Reductions related to settlements with taxing authorities |  | (57 | ) |  | (48 | )
Reductions due to a lapse of the applicable statute of limitations |  | — |  |  | (44 | )
Impact of foreign currency translation |  | 41 |  |  | (3 | )
Ending Balance |  | $ | 6,655 |  |  | $ | 5,002 |

X
- Definition INCOME TAXES [Abstract] + References No definition available. + Details
Name: | plce_IncomeTaxesAbstract
Namespace Prefix: | plce_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32639-109319 + Details
Name: | us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32537-109319 + Details
Name: | us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32687-109319 + Details
Name: | us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of income before income tax between domestic and foreign jurisdictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(h)(1)(i)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 + Details
Name: | us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of unrecognized tax benefits for which a material change is reasonably possible in the next twelve months, typically including the nature of the uncertainty, the event(s) that could cause a material change, and an estimate of the range of the reasonably possible change or a statement that an estimate of the range cannot be made. An unrecognized tax benefit is the difference between a tax position taken in a tax return and the amounts recognized in the financial statements for which it is more likely than not, based on the technical merits of the position, that the tax position will not be sustained upon examination. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32718-109319 + Details
Name: | us-gaap_SummaryOfPositionsForWhichSignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration