View Filing Data

Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant

415,308

^[1]

$ 16,219

$ 27,415

$ 30,797

$ 4,300

7,200

8,200

Document Period End Date

Feb. 01, 2020

Restricted stock

$ 18,910

12,849

11,891

Performance awards

Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition

1 year 10 months 24 days

$ (2,691)

14,566

18,906

Cost of Sales [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

$ 3,600

$ 3,500

$ 4,000

[1]

STOCK-BASED COMPENSATION (Details 2) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands

12 Months Ended

Feb. 01, 2020

Feb. 02, 2019

Feb. 03, 2018

Document Period End Date

Feb. 01, 2020

Weighted Average Grant Date Fair Value

^[1]

$ 16,219

$ 27,415

$ 30,797

Deferred and Performance Awards

Forfeited (in shares)

Net shares in excess (less) than target

181

Unrecognized costs and period of recognition

Exercised (in shares)

(480)

Weighted Average Grant Date Fair Value, unvested stock options

Weighted avg fair value, shares in excess (less) than target

$ 75.83

Deferred and Restricted Stock (Deferred Awards) Member

Deferred and Performance Awards

Unvested awards at the beginning of the period (in shares)

299

420

469

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period

264

135

212

Vested (in shares)

^[2]

(126)

197

202

Forfeited (in shares)

(60)

Unvested awards at the end of the period (in shares)

377

299

420

Weighted Average Grant Date Fair Value

Unvested awards at the beginning of the period (in dollars per share)

$ 99.98

$ 82.30

$ 61.19

Granted (in shares)

102.21

124.21

110.17

Vested (in dollars per share)

105.24

75.65

62.30

Forfeited (in dollars per share)

112.09

110.63

83.25

Unvested awards at the end of the period (in dollars per share)

$ 97.88

$ 99.98

$ 82.30

Unrecognized costs and period of recognition

Unrecognized stock-based compensation expense (in dollars)

$ 18,700

Weighted average period for recognition of unrecognized stock-based compensation expense (in years)

1 year 9 months 18 days

Restricted stock

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Weighted Average Grant Date Fair Value, unvested stock options

$ 18,910

$ 12,849

$ 11,891

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value

13,500

25,300

23,600

Performance awards

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Unvested awards at the beginning of the period (in shares)

$ (2,691)

$ 14,566

$ 18,906

Deferred and Performance Awards

352

544

515

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period

201

172

Vested (in shares)

(354)

513

301

Forfeited (in shares)

(38)

113

Unvested awards at the end of the period (in shares)

342

352

544

Weighted Average Grant Date Fair Value

Unvested awards at the beginning of the period (in dollars per share)

$ 90.66

$ 84.11

$ 68.11

Granted (in shares)

98.49

123.02

113.76

Vested (in dollars per share)

76.36

70.09

50.97

Forfeited (in dollars per share)

110.77

114.06

86.80

Unvested awards at the end of the period (in dollars per share)

$ 99.97

$ 90.66

$ 84.11

Unrecognized costs and period of recognition

Unrecognized stock-based compensation expense (in dollars)

$ 8,000

Weighted average period for recognition of unrecognized stock-based compensation expense (in years)

1 year 10 months 24 days

Weighted Average Grant Date Fair Value, unvested stock options

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value

$ 33,900

$ 69,200

$ 49,100

Cost of Sales [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

$ 3,600

$ 3,500

$ 4,000

[1]
[2]

PROPERTY AND EQUIPMENT (Details)
$ in Thousands

3 Months Ended

12 Months Ended

Feb. 01, 2020

USD ($)

Nov. 02, 2019

USD ($)

Aug. 03, 2019

USD ($)

May 04, 2019

USD ($)

Feb. 02, 2019

USD ($)

Nov. 03, 2018

USD ($)

Aug. 04, 2018

USD ($)

May 05, 2018

USD ($)

Feb. 01, 2020

USD ($)

Feb. 02, 2019

USD ($)

Feb. 03, 2018

USD ($)

numberofstorestestedforimpairment

924

972

924

972

1,014

net book value

$ 65,000

$ 81,400

$ 65,000

$ 81,400

$ 79,400

Less accumulated depreciation and amortization

(712,576)

(674,098)

(712,576)

(674,098)

Property and equipment, net

236,898

260,357

236,898

260,357

Asset impairment charges

4,731

^[1]

$ 839

$ 121

$ 348

464

^[2]

$ 396

$ 3,979

$ 1,257

6,039

$ 6,096

$ 5,190

Number of underperforming stores

partiallyimpairedstores

Land and land improvements

Building and improvements

3,403

$ 3,403

Material handling equipment

35,568

53,540

51,934

53,540

51,934

Leasehold improvements

Store fixtures and equipment

285,955

301,233

285,955

301,233

272,158

273,430

272,158

273,430

Capitalized software

265,610

254,064

265,610

254,064

Construction in progress

$ 33,240

$ 14,823

$ 33,240

$ 14,823

[1]



	Fiscal Year Ended February 2, 2019
	First Quarter			Second Quarter		Third Quarter			Fourth Quarter
	(in thousands, except earnings per share)
Net sales	$	436,314		$	448,718	$	522,495		$	530,557
Gross profit	160,192			154,806		204,366			164,232
Selling, general, and administrative expenses	118,471			124,210		123,207			132,455
Asset impairment charges	1,257			3,979		396			464
Other (income) costs	—			—		(1,246		)	191
Depreciation and amortization	17,406			16,595		17,404			17,479
Operating income	23,058			10,022		64,605			13,643
Income before provision for income taxes	22,761			9,076		63,774			12,913
Provision (benefit) for income taxes	(8,776		)	1,590		13,861			889
Net income	$	31,537		$	7,486	$	49,913		$	12,024

Diluted earnings per share	$	1.78		$	0.45	$	3.03		$	0.74
Diluted weighted average common shares outstanding	17,734			16,715		16,496			16,277

Cash dividends declared and paid per common share	$	0.50		$	0.50	$	0.50		$	0.50

[2]



	Fiscal Year Ended February 2, 2019
	First Quarter			Second Quarter		Third Quarter			Fourth Quarter
	(in thousands, except earnings per share)
Net sales	$	436,314		$	448,718	$	522,495		$	530,557
Gross profit	160,192			154,806		204,366			164,232
Selling, general, and administrative expenses	118,471			124,210		123,207			132,455
Asset impairment charges	1,257			3,979		396			464
Other (income) costs	—			—		(1,246		)	191
Depreciation and amortization	17,406			16,595		17,404			17,479
Operating income	23,058			10,022		64,605			13,643
Income before provision for income taxes	22,761			9,076		63,774			12,913
Provision (benefit) for income taxes	(8,776		)	1,590		13,861			889
Net income	$	31,537		$	7,486	$	49,913		$	12,024

Diluted earnings per share	$	1.78		$	0.45	$	3.03		$	0.74
Diluted weighted average common shares outstanding	17,734			16,715		16,496			16,277

Cash dividends declared and paid per common share	$	0.50		$	0.50	$	0.50		$	0.50

CREDIT FACILITY (Details) - USD ($)
$ in Millions

12 Months Ended

Feb. 01, 2020

Feb. 02, 2019

Borrowing capacity, accordion feature

Sublimit availability

$ 43.8

$ 43.0

50.0

Deferred financing costs, remaining unamortized balance

0.9

0.4

Line of Credit Facility, Maximum Borrowing Capacity

325.0

250.0

Line of credit facility, current borrowing capacity

282.1

250.0

Outstanding borrowings

170.8

48.9

Utilization of credit facility at end of period

177.0

55.9

Availability

^[1]

$ 105.1

$ 194.1

Interest rate at end of period (as a percent)

3.40%

6.00%

Average loan balance during the period

$ 192.0

$ 64.4

Highest end of day loan balance during the period

$ 262.5

$ 156.4

Average interest rate (as a percent)

4.00%

4.30%

Standby Letters of Credit [Member]

Letters of credit outstanding

$ 6.2

$ 7.0

Credit Agreement

Letters of Credit sublimit

$ 50.0

Line of credit facility, unused line fee percentage (as a percent)

0.20%

Deferred financing costs gross

$ 5.0

Deferred financing costs, remaining unamortized balance

0.9

Line of Credit Facility, Maximum Borrowing Capacity

$ 325.0

Credit Agreement | Prime rate

Basis spread on variable rate, low end of range (as a percent)

0.38%

Basis spread on variable rate, high end of range (as a percent)

0.50%

Credit Agreement | LIBOR

Basis spread on variable rate, low end of range (as a percent)

1.13%

Basis spread on variable rate, high end of range (as a percent)

1.38%

Credit Agreement | Letter of Credit [Member]

Letters of credit facility fee, low end of range (as a percent)

0.56%

Letters of credit facility fee, high end of range (as a percent)

0.69%

Credit Agreement | Standby Letters of Credit [Member]

Letters of credit facility fee, low end of range (as a percent)

0.63%

Letters of credit facility fee, high end of range (as a percent)

0.88%

[1]	The sub-limit availability for letters of credit was $43.8 million and $43.0 million at February 1, 2020 and February 2, 2019, respectively.

PREPAID EXPENSES AND OTHER CURRENT ASSETS Prepaid Expenses (Details) - USD ($) $ in Thousands	Feb. 01, 2020	Feb. 02, 2019
PREPAID EXPENSES AND OTHER CURRENT LIABILITIES [Abstract]
Prepaid property expense	$ 435	$ 6,738
Prepaid income taxes	3,698	7,223
Prepaid marketing	1,671	1,421
Prepaid maintenance contracts	3,144	5,109
Other	5,538	3,254
Prepaid expenses and other current assets	$ 21,416	$ 27,670

ACCRUED EXPENSES AND OTHER CURRENT LIABILTIES Accrued Expenses and Other Current Liabilities (Details) - USD ($) $ in Thousands	Feb. 01, 2020	Feb. 02, 2019
Accrued Expenses [Abstract]
Customer liabilities	$ 16,100	$ 17,086
Accrued salaries and benefits	17,731	12,378
Sales taxes and other taxes payable	3,544	3,330
Accrued store expenses	3,993	7,090
Deferred revenue	2,762	2,180
Accrued real estate expenses	5,450	6,265
Accrued construction-in-progress	4,254	6,107
Accrued insurance	3,409	3,068
Accrued marketing	3,993	2,434
Accrued freight	3,703	3,217
Deferred revenue for MyPlace Rewards loyalty program	1,559	2,220
Accrued professional fees	1,215	7,091
Other	15,896	14,289
Accrued expenses and other current liabilities	$ 83,609	$ 86,755

COMMITMENTS AND CONTINGENCIES COMMITMENTS AND CONTINGENCIES (Details) $ in Millions	Feb. 01, 2020 USD ($)
Purchase Commitments Construction [Member]
Operating Leased Assets [Line Items]
Unrecorded Unconditional Purchase Obligation	$ 17.8
Purchase Commitments Merchandise [Member]
Operating Leased Assets [Line Items]
Unrecorded Unconditional Purchase Obligation	$ 146.2

INCOME TAXES (Details) - USD ($)
$ in Thousands

3 Months Ended

12 Months Ended

Feb. 01, 2020

Nov. 02, 2019

Aug. 03, 2019

May 04, 2019

Feb. 02, 2019

Nov. 03, 2018

Aug. 04, 2018

May 05, 2018

Feb. 01, 2020

Feb. 02, 2019

Feb. 03, 2018

Current Income Tax Expense (Benefit), Continuing Operations [Abstract]

U.S.

$ 36,660

$ 49,820

$ 100,288

Foreign

51,757

58,704

60,915

Income (loss) from continuing operations before income taxes

$ 27,736

^[1]

$ 55,796

$ 1,558

$ 3,327

$ 12,913

^[2]

$ 63,774

$ 9,076

$ 22,761

88,417

108,524

161,203

Federal

1,810

594

31,334

State

1,186

2,519

(1,341)

Foreign

6,757

10,019

11,618

Total current

9,753

13,132

41,611

Federal

4,240

(3,418)

30,828

State

1,066

(2,324)

3,546

Foreign

174

520

Total deferred

5,364

(5,568)

34,894

Total tax provision

3,497

^[1]

12,748

(1,163)

889

^[2]

13,861

1,590

(8,776)

$ 15,117

$ 7,564

$ 76,505

Effective tax rate from continuing operations (as a percent)

17.10%

7.00%

47.50%

Deferred Income Taxes, Current –

Calculated income tax provision at federal statutory rate

$ 18,568

$ 22,790

$ 55,246

State income taxes, net of federal benefit

1,779

154

1,449

Foreign tax rate differential

(5,019)

(3,801)

(10,794)

Nondeductible expenses

1,491

861

514

Excess tax benefits related to stock compensation

4,300

7,200

8,200

Share-based Payment Arrangement, Exercise of Option, Tax Benefit

(1,914)

(11,804)

U.S. transition taxes on deemed repatriation of foreign earnings

338

Revaluation of deferred tax assets and liabilities

(295)

Unrecognized tax expense (benefit)

(1,304)

(1,092)

3,199

Foreign tax credits

(21)

(62)

(28)

Other

(117)

(310)

(897)

Total tax provision

3,497

^[1]

$ 12,748

$ 35

(1,163)

889

^[2]

$ 13,861

$ 1,590

(8,776)

15,117

7,564

76,505

Assets

Inventory

1,620

3,401

1,620

3,401

Noncurrent –

Property and equipment

(13,016)

(13,499)

(13,016)

(13,499)

Equity compensation

2,288

9,321

2,288

9,321

Reserves and other

8,994

7,955

8,994

7,955

Net Operating Loss Carryover

2,101

721

2,101

721

Valuation allowance

(916)

(721)

(916)

(721)

Net noncurrent

12,941

17,750

12,941

17,750

Total deferred tax asset, net

12,941

17,750

12,941

17,750

Deferred Tax Assets, Operating Loss Carryforwards, Foreign

400

Deferred Tax Assets, Tax Credit Carryforwards, Alternative Minimum Tax

600

Beginning Balance

$ 5,002

$ 3,905

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)

Settlements

(57)

(48)

Reductions due to a lapse of the applicable statute of limitations

(44)

Unrecognized Tax Benefits, Ending Balance

6,655

5,002

6,655

5,002

$ 3,905

Unrecognized Tax Benefits that Would Impact Effective Tax Rate

6,500

Significant Change in Unrecognized Tax Benefits is Reasonably Possible, Amount of Unrecorded Benefit

400

Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued

100

Unrecognized Tax Benefits, Income Tax Penalties and Interest Expense

100

Deferred Income Tax Expense (Benefit), Continuing Operations [Abstract]

Prepaid expenses

(735)

(958)

(735)

(958)

Foreign and state tax on unremitted earnings

(1,561)

(1,806)

(1,561)

(1,806)

Deferred Tax Assets, Capital Loss Carryforwards

$ (270)

[1]



	Fiscal Year Ended February 2, 2019
	First Quarter			Second Quarter		Third Quarter			Fourth Quarter
	(in thousands, except earnings per share)
Net sales	$	436,314		$	448,718	$	522,495		$	530,557
Gross profit	160,192			154,806		204,366			164,232
Selling, general, and administrative expenses	118,471			124,210		123,207			132,455
Asset impairment charges	1,257			3,979		396			464
Other (income) costs	—			—		(1,246		)	191
Depreciation and amortization	17,406			16,595		17,404			17,479
Operating income	23,058			10,022		64,605			13,643
Income before provision for income taxes	22,761			9,076		63,774			12,913
Provision (benefit) for income taxes	(8,776		)	1,590		13,861			889
Net income	$	31,537		$	7,486	$	49,913		$	12,024

Diluted earnings per share	$	1.78		$	0.45	$	3.03		$	0.74
Diluted weighted average common shares outstanding	17,734			16,715		16,496			16,277

Cash dividends declared and paid per common share	$	0.50		$	0.50	$	0.50		$	0.50

[2]



	Fiscal Year Ended February 2, 2019
	First Quarter			Second Quarter		Third Quarter			Fourth Quarter
	(in thousands, except earnings per share)
Net sales	$	436,314		$	448,718	$	522,495		$	530,557
Gross profit	160,192			154,806		204,366			164,232
Selling, general, and administrative expenses	118,471			124,210		123,207			132,455
Asset impairment charges	1,257			3,979		396			464
Other (income) costs	—			—		(1,246		)	191
Depreciation and amortization	17,406			16,595		17,404			17,479
Operating income	23,058			10,022		64,605			13,643
Income before provision for income taxes	22,761			9,076		63,774			12,913
Provision (benefit) for income taxes	(8,776		)	1,590		13,861			889
Net income	$	31,537		$	7,486	$	49,913		$	12,024

Diluted earnings per share	$	1.78		$	0.45	$	3.03		$	0.74
Diluted weighted average common shares outstanding	17,734			16,715		16,496			16,277

Cash dividends declared and paid per common share	$	0.50		$	0.50	$	0.50		$	0.50

SEGMENT INFORMATION (Details) - USD ($)
$ in Thousands

3 Months Ended

12 Months Ended

Feb. 01, 2020

Nov. 02, 2019

Aug. 03, 2019

May 04, 2019

Feb. 02, 2019

Nov. 03, 2018

Aug. 04, 2018

May 05, 2018

Jan. 30, 2021

Feb. 01, 2020

Feb. 02, 2019

Feb. 03, 2018

Segment information

Impairment of Long-Lived Assets Held-for-use

$ 4,731

^[1]

$ 839

$ 121

$ 348

$ 464

^[2]

$ 396

$ 3,979

$ 1,257

$ 6,039

$ 6,096

$ 5,190

Percentage of entity-wide sales qualifying purchaser as major customer (as a percent)

10.00%

Net sales:

Revenue from Contract with Customer, Including Assessed Tax

513,019

^[1]

524,796

420,470

412,382

530,557

^[2]

522,495

448,718

436,314

$ 1,870,667

1,938,084

1,870,275

Gross Profit:

Gross Profit

166,358

^[1]

198,125

138,846

151,976

164,232

^[2]

204,366

154,806

160,192

655,305

683,596

711,355

Operating income (loss):

Total operating income (loss)

29,533

^[1]

57,951

3,836

5,038

13,643

^[2]

64,605

10,022

23,058

$ 96,358

$ 111,328

$ 161,510

Operating income (loss) as a percent of net sales:

Total operating income (loss) (as a percent)

5.20%

5.70%

8.60%

Depreciation and amortization:

Total depreciation and amortization

18,911

^[1]

$ 18,821

$ 18,472

$ 18,584

17,479

^[2]

17,404

16,595

17,406

$ 74,788

$ 68,884

$ 68,159

Capital expenditures:

Total capital expenditures

57,502

71,114

58,657

Business Exit Costs

191

$ (1,246)

$ 0

(1,055)

Total assets:

Total assets

1,181,397

727,046

1,181,397

727,046

Disclosure on Geographic Areas, Long-Lived Assets in Entity's Country of Domicile

^[3]

718,576

273,901

718,576

273,901

The Children's Place U.S.

Net sales:

Revenue from Contract with Customer, Including Assessed Tax

$ 1,671,165

1,727,907

1,650,620

Operating income (loss):

Total operating income (loss)

$ 77,989

$ 86,983

$ 132,152

^[4]

Operating income (loss) as a percent of net sales:

Total operating income (loss) (as a percent)

4.70%

5.00%

8.00%

Depreciation and amortization:

Total depreciation and amortization

$ 67,416

$ 61,487

$ 60,732

Capital expenditures:

Total capital expenditures

56,598

67,476

57,360

Total assets:

Total assets

1,080,665

651,728

1,080,665

651,728

Disclosure on Geographic Areas, Long-Lived Assets in Entity's Country of Domicile

^[3]

673,432

261,932

673,432

261,932

The Children's Place Canada [Member]

Net sales:

Revenue from Contract with Customer, Including Assessed Tax

^[5]

$ 219,655

199,502

210,177

Operating income (loss):

Total operating income (loss)

$ 18,369

$ 24,345

$ 29,358

Operating income (loss) as a percent of net sales:

Total operating income (loss) (as a percent)

9.20%

11.60%

13.40%

Depreciation and amortization:

Total depreciation and amortization

$ 7,372

$ 7,397

$ 7,427

Capital expenditures:

Total capital expenditures

904

3,638

$ 1,297

Total assets:

Total assets

100,732

75,318

100,732

75,318

Disclosure on Geographic Areas, Long-Lived Assets in Entity's Country of Domicile

^[3]

44,236

10,718

44,236

10,718

The Children's Place Asia [Member] [Member]