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SEGMENT INFORMATION (Tables)

6 Months Ended

Jul. 31, 2021

Segment Reporting [Abstract]

Schedule of Segment Reporting

The following tables provide segment level financial information:

			Thirteen Weeks Ended												Twenty-six Weeks Ended
			July 31, 2021						August 1, 2020						July 31, 2021						August 1, 2020
			(in thousands)
Net sales(1):															]
The Children’s Place U.S.			$	372,319					$	333,034					$	771,978					$	567,982
The Children’s Place International (2)			41,536						35,889						77,358						56,148
Total net sales			$	413,855					$	368,923					$	849,336					$	624,130
Operating income (loss)(1):
The Children’s Place U.S.			$	34,355					$	(62,623)					$	98,267					$	(221,959)
The Children’s Place International			3,494						(1,861)						5,489						(15,668)
Total operating income (loss)			$	37,849					$	(64,484)					$	103,756					$	(237,627)
Operating income (loss) as a percent of net sales(1):
The Children’s Place U.S.			9.2		%				(18.8)		%				12.7		%				(39.1)		%
The Children’s Place International			8.4		%				(5.2)		%				7.1		%				(27.9)		%
Total operating income (loss) as a percent of net sales			9.1		%				(17.5)		%				12.2		%				(38.1)		%
Depreciation and amortization:
The Children’s Place U.S.			$	13,303					$	15,594					$	27,614					$	31,780
The Children’s Place International			1,089						1,114						2,339						2,816
Total depreciation and amortization			$	14,392					$	16,708					$	29,953					$	34,596
Capital expenditures:
The Children’s Place U.S.			$	6,385					$	8,433					$	12,872					$	13,633
The Children’s Place International			385						102						624						635
Total capital expenditures			$	6,770					$	8,535					$	13,496					$	14,268

____________________________________________

(1)Net sales and operating income (loss) were significantly impacted by the COVID-19 pandemic in the Second Quarter 2020.

(2)Net sales from The Children’s Place International are primarily derived from revenues from Canadian operations. Our foreign subsidiaries, primarily in Canada, have operating results based in foreign currencies and are thus subject to the fluctuations of the corresponding translation rates into U.S. dollars.

			July 31, 2021						January 30, 2021						August 1, 2020
Total assets:			(in thousands)
The Children’s Place U.S.			$	1,036,830					$	1,054,339					$	1,088,348
The Children’s Place International			91,618						85,788						79,591
Total assets			$	1,128,448					$	1,140,127					$	1,167,939

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599

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- References

No definition available.

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