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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Jan. 01, 2011
Jan. 02, 2010
Net Sales $ 1,518,721 $ 1,623,235 $ 1,928,754
Cost of goods sold 709,330 831,939 1,073,565
Gross Profit 809,391 791,296 855,189
Selling, general & administrative expenses 904,619 849,968 1,006,361
Goodwill impairment     2,785
Impairment of other intangible assets 1,024 2,594 14,222
Operating Loss (96,252) (61,266) (168,179)
Other income (expense), net 282 26,689 (6,827)
Gain on sales of trademarks, net 286,979    
Gain on extinguishment of debt, net 5,157    
Interest expense, net (57,188) (55,741) (58,930)
Income (Loss) Before (Benefit) Provision for Income Taxes 138,978 (90,318) (233,936)
(Benefit) provision for income taxes (5,770) 9,044 (110,013)
Income (Loss) from Continuing Operations 144,748 (99,362) (123,923)
Discontinued operations, net of income taxes (316,435) (152,947) (182,487)
Net Loss (171,687) (252,309) (306,410)
Net loss attributable to the noncontrolling interest   (842) (681)
Net Loss Attributable to Liz Claiborne, Inc. $ (171,687) $ (251,467) $ (305,729)
Earnings per Share, Basic:      
Income (Loss) from Continuing Operations Attributable to Liz Claiborne, Inc. (in dollars per share) $ 1.53 $ (1.05) $ (1.31)
Net Loss Attributable to Liz Claiborne, Inc. (in dollars per share) $ (1.81) $ (2.67) $ (3.26)
Earnings per Share, Diluted:      
Income (Loss) from Continuing Operations Attributable to Liz Claiborne, Inc. (in dollars per share) $ 1.28 $ (1.05) $ (1.31)
Net Loss Attributable to Liz Claiborne, Inc. (in dollars per share) $ (1.35) $ (2.67) $ (3.26)
Weighted Average Shares, Basic (in shares) 94,664 94,243 93,880
Weighted Average Shares, Diluted (in shares) 120,692 94,243 93,880