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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
May 01, 2021
May 02, 2020
Net revenue $ 520,002 $ 260,251
Cost of product sales 308,444 226,022
Gross profit 211,558 34,229
Selling, general and administrative expenses 186,684 143,288
Asset impairment charges 441 52,972
Net (gains) losses on lease modifications (2,145) 456
Earnings (loss) from operations 26,578 (162,487)
Other income (expense):    
Interest expense (5,926) (5,462)
Interest income 374 610
Other expense, net (2,701) (19,580)
Total other income (expense) (8,253) (24,432)
Earnings (loss) before income tax expense (benefit) 18,325 (186,919)
Income tax expense (benefit) 5,455 (26,381)
Net earnings (loss) 12,870 (160,538)
Net earnings (loss) attributable to noncontrolling interests 864 (2,872)
Net earnings (loss) attributable to Guess?, Inc. $ 12,006 $ (157,666)
Net earnings (loss) per common share attributable to common stockholders (Note 3):    
Basic (in dollars per share) $ 0.19 $ (2.40)
Diluted (in dollars per share) $ 0.18 $ (2.40)
Weighted average common shares outstanding attributable to common stockholders (Note 3):    
Basic (in shares) 64,035 65,715
Diluted (in shares) 65,940 65,715
Product sales    
Net revenue $ 498,477 $ 247,317
Net royalties    
Net revenue $ 21,525 $ 12,934