Discontinued Operations (Tables)

12 Months Ended

Jan. 31, 2015

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Results of Non-Vince Businesses Included in Discontinued Operations

The results of the non-Vince businesses included in discontinued operations (through the separation of the non-Vince businesses on November 27, 2013) for the fiscal years ended February 1, 2014 and February 2, 2013 are summarized in the following table (in thousands).


	Fiscal Year
	2013			2012
Net sales	$	400,848		$	514,806
Cost of products sold		313,620			409,763

Gross profit		87,228			105,043
Selling, general and administrative expenses		98,016			132,871
Restructuring, environmental and other charges		1,628			5,732
Impairment of long-lived assets		1,399			6,497
Change in fair value of contingent consideration		1,473			(7,162	)
Interest expense, net		46,677			55,316
Other expense, net		498			(9,776	)

Loss before income taxes		(62,463	)		(78,435	)
Income taxes		(11,648	)		(421	)

Net loss from discontinued operations, net of taxes	$	(50,815	)	$	(78,014	)

Effective tax rate		18.6	%		0.5	%

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

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