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Quarterly Information (Unaudited)
12 Months Ended
Jan. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Information (Unaudited)
Quarterly Information (Unaudited)
The following is a summary of the unaudited quarterly financial information for fiscal 2015 and fiscal 2014 (in thousands, except per share data):
 
 
Quarterly Periods Ended (1)
Year Ended January 31, 2015
 
May 3,
2014
 
Aug 2,
2014
 
Nov 1,
2014
 
Jan 31,
2015
Net revenue
 
$
522,541

 
$
608,571

 
$
589,834

 
$
696,727

Gross profit
 
176,231

 
216,777

 
213,958

 
260,919

Net earnings (loss)
 
(2,187
)
 
22,272

 
21,510

 
55,589

Net earnings (loss) attributable to Guess?, Inc. 
 
(2,101
)
 
21,954

 
20,788

 
53,929

Net earnings (loss) per common share attributable to common stockholders: (2)
 
 
 
 
 
 
 
 
Basic
 
$
(0.03
)
 
$
0.26

 
$
0.24

 
$
0.63

Diluted
 
$
(0.03
)
 
$
0.26

 
$
0.24

 
$
0.63

 
 
Quarterly Periods Ended (1)
Year Ended February 1, 2014
 
May 4,
2013
 
Aug 3,
2013
 
Nov 2,
2013
 
Feb 1,
2014
Net revenue
 
$
548,914

 
$
639,012

 
$
613,497

 
$
768,363

Gross profit
 
197,426

 
248,532

 
228,227

 
301,949

Net earnings
 
11,100

 
40,703

 
34,811

 
71,097

Net earnings attributable to Guess?, Inc. 
 
9,916

 
39,866

 
34,020

 
69,632

Net earnings per common share attributable to common stockholders: (2) (3)
 
 
 
 
 
 
 
 
Basic
 
$
0.12

 
$
0.47

 
$
0.40

 
$
0.82

Diluted
 
$
0.12

 
$
0.47

 
$
0.40

 
$
0.82


_________________________________________________________________________
(1)
All fiscal quarters presented consisted of 13 weeks.
(2)
Per common share amounts for the quarters and full years have been calculated separately. Accordingly, quarterly amounts may not add to the annual amount because of differences in the average common shares outstanding during each period.
(3)
During the first quarter of fiscal 2014, the Company implemented plans to streamline its structure and reduce expenses in both Europe and North America. During the second quarter of fiscal 2014, the Company expanded these plans to include the consolidation and streamlining of certain operations in Europe and Asia. These actions resulted in restructuring charges of $2.3 million, $6.1 million, $1.9 million and $2.1 million during the first, second, third and fourth quarters of fiscal 2014, respectively. Refer to Note 9 for further detail regarding the restructuring charges.