XML 63 R44.htm IDEA: XBRL DOCUMENT
v3.25.1

SEGMENT INFORMATION (Tables) | 12 Months Ended
--- | ---
Feb. 01, 2025
Segment Reporting [Abstract] |
Schedule of Segment Reporting | The tables below present certain segment information for our reportable segments for the periods indicated:
| Fiscal Year Ended February 1, 2025
| The Children’s Place U.S. |  | The Children’s Place International (1) |  | Total
| (in thousands)
Net sales | $ | 1,266,500 |  | $ | 119,769 |  | $ | 1,386,269
Cost of sales (2) | 836,351 |  | 90,457 |  | 926,808
Selling, general, and administrative expenses (3) | 405,895 |  | 39,267 |  | 445,162
Other segment expenses (4) | 28,000 |  | — |  | 28,000
Segment operating loss | $ | (3,746) |  | $ | (9,955) |  | $ | (13,701)
Segment operating loss as a percentage of net sales | (0.3)% |  | (8.3)% |  | (1.0)%
| Fiscal Year Ended February 3, 2024
| The Children’s Place U.S. |  | The Children’s Place International (1) |  | Total
| (in thousands)
Net sales | $ | 1,457,352 |  | $ | 145,156 |  | $ | 1,602,508
Cost of sales (2) | 1,058,423 |  | 98,811 |  | 1,157,234
Selling, general, and administrative expenses (3) | 450,868 |  | 43,661 |  | 494,529
Other segment expenses (4) | 34,543 |  | — |  | 34,543
Segment operating income (loss) | $ | (86,482) |  | $ | 2,684 |  | $ | (83,798)
Segment operating income (loss) as a percentage of net sales | (5.9)% |  | 1.8% |  | (5.2)%
| Fiscal Year Ended January 28, 2023
| The Children’s Place U.S. |  | The Children’s Place International (1) |  | Total
| (in thousands)
Net sales | $ | 1,533,934 |  | $ | 174,548 |  | $ | 1,708,482
Cost of sales (2) | 1,079,241 |  | 115,079 |  | 1,194,320
Selling, general, and administrative expenses (3) | 460,218 |  | 52,218 |  | 512,436
Other segment expenses (4) | 3,256 |  | — |  | 3,256
Segment operating income (loss) | $ | (8,781) |  | $ | 7,251 |  | $ | (1,530)
Segment operating income (loss) as a percentage of net sales | (0.6)% |  | 4.2% |  | (0.1)%
___________________________________________ (1)The Company’s 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. (2)Refer to Note 1. Basis of Presentation for additional information on the components of Cost of sales. (3)Selling, general, and administrative expenses include store expenses, marketing, corporate payroll, including long-term incentive compensation, information technology, other administrative expenses, and depreciation and amortization. (4)Other segment expenses include asset impairment charges. The table below presents a reconciliation of reportable segment operating loss to Loss before provision (benefit) for income taxes:
| Fiscal Years Ended
| February 1, 2025 |  | February 3, 2024 |  | January 28, 2023
| (in thousands)
Total segment operating loss | $ | (13,701) |  |  | $ | (83,798) |  |  | $ | (1,530)
Related party interest expense | (6,493) |  |  | — |  |  | —
Other interest expense | (29,301) |  |  | (30,087) |  |  | (13,324)
Interest income | 47 |  |  | 87 |  |  | 92
Loss before provision (benefit) for income taxes | $ | (49,448) |  | $ | (113,798) |  | $ | (14,762)
Additional Segment Data
| Fiscal Years Ended
| February 1, 2025 |  | February 3, 2024 |  | January 28, 2023
| (in thousands)
Depreciation and amortization: |  |  |  |  |
The Children’s Place U.S. | $ | 35,644 |  |  | $ | 43,428 |  |  | $ | 47,612
The Children’s Place International | 3,968 |  |  | 3,758 |  |  | 3,852
Total depreciation and amortization | $ | 39,612 |  | $ | 47,186 |  | $ | 51,464
Capital expenditures: |  |  |  |  |
The Children’s Place U.S. | $ | 15,245 |  |  | $ | 27,462 |  |  | $ | 44,970
The Children’s Place International | 585 |  |  | 97 |  |  | 607
Total capital expenditures | $ | 15,830 |  | $ | 27,559 |  | $ | 45,577
| February 1, 2025 |  | February 3, 2024
| (in thousands)
Total assets: |  |  |
The Children’s Place U.S. | $ | 711,564 |  |  | $ | 758,003 |
The Children’s Place International | 35,988 |  |  | 42,305 |
Total assets | $ | 747,552 |  |  | $ | 800,308 |
Schedule of Disclosure on Geographic Areas, Long-Lived Assets in Individual Foreign Countries by Country | The Company’s long-lived assets were located in the following countries:
|  | February 1, 2025 |  | February 3, 2024
|  | (in thousands)
Long-lived assets (1): |  |  |  |
United States |  | $ | 267,751 |  |  | $ | 334,425 |
Canada |  | 9,801 |  |  | 13,382 |
Asia |  | 1,996 |  |  | 375 |
Total long-lived assets |  | $ | 279,548 |  |  | $ | 348,182 |
___________________________________________ (1)The Company long-lived assets are comprised of net Property and equipment, ROU assets, Tradenames, and Other assets.

X
- Definition Tabular disclosure of the names of foreign countries in which material long-lived assets other than financial instruments, long-term customer relationships of a financial institution, mortgage and other servicing rights, deferred policy acquisition costs, and deferred tax assets are located, and amount of such long-lived assets located in that country or foreign geographic area. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-41 + Details
Name: | us-gaap_ScheduleOfEntityWideDisclosureOnGeographicAreasLongLivedAssetsInIndividualForeignCountriesByCountryTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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 -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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