ACTIVITY EXIT COSTS

6 Months Ended

Jul. 31, 2011

Notes to Financial Statements [Abstract]

Tommy Hilfiger Integration and Exit Costs

In connection with the Company’s acquisition of Tommy Hilfiger in the second quarter of 2010 and the related integration, the Company incurred certain costs related to severance and termination benefits, long-lived asset impairments, inventory liquidations and lease/contract terminations, including costs associated with the exit of certain Tommy Hilfiger product categories. Such costs were as follows:



	Total Expected to be Incurred		Incurred During the Thirteen Weeks Ended 7/31/11		Incurred During the Twenty-Six Weeks Ended 7/31/11		Cumulative Incurred to Date
Severance, termination benefits and other costs	$	33,167	$	1,661	$	11,374	$	31,167
Long-lived asset impairments	11,017		—		—		11,017
Inventory liquidation costs	4,736		2,153		2,153		4,736
Lease/contract termination and related costs	18,179		992		14,014		17,179
Total	$	67,099	$	4,806	$	27,541	$	64,099

Liabilities for severance and termination benefits and lease/contract termination costs recorded in connection with the acquisition and integration of Tommy Hilfiger were principally recorded in Accrued Expenses in the Company’s Consolidated Balance Sheets and were as follows:



	Liability at 1/30/11		Costs Incurred During the Twenty-Six Weeks Ended 7/31/11		Costs Paid During the Twenty-Six Weeks Ended 7/31/11		Liability at 7/31/11
Severance, termination benefits and other costs	$	16,258	$	11,374	$	17,163	$	10,469
Lease/contract termination and related costs	3,165		14,014		9,440		7,739
Total	$	19,423	$	25,388	$	26,603	$	18,208

The charges for severance, termination benefits, lease/contract termination and other costs incurred during the twenty-six weeks ended July 31, 2011 and the remainder of charges expected to be incurred relate principally to selling, general and administrative expenses of the Company’s Tommy Hilfiger North America segment. Inventory liquidation costs incurred during the twenty-six weeks ended July 31, 2011 were included in cost of goods sold of the Company’s Tommy Hilfiger North America segment.

Timberland Exit Costs

The Company negotiated during the second quarter of 2011 an early termination of its license to market sportswear under the Timberland brand. In connection with this termination, which will become effective in 2012, the Company incurred certain costs related to severance and termination benefits, long-lived asset impairments, contract termination and other costs. Such costs were as follows:



	Total Expected to be Incurred		Incurred During the Thirteen and Twenty-Six Weeks Ended 7/31/11
Severance, termination benefits and other costs	$	1,679	$	679
Long-lived asset impairments	1,062		1,062
Contract termination and related costs	4,909		4,909
Total	$	7,650	$	6,650

The charges incurred during the twenty-six weeks ended July 31, 2011 and the remainder of charges expected to be incurred relate principally to selling, general and administrative expenses of the Company’s Heritage Brands Wholesale Sportswear segment.

- Definition

The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.

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