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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 30, 2022
Jul. 31, 2021
Jul. 30, 2022
Jul. 31, 2021
Net revenue $ 642,690 $ 628,624 $ 1,236,163 $ 1,148,626
Cost of product sales 372,189 334,538 718,513 642,982
Gross profit 270,501 294,086 517,650 505,644
Selling, general and administrative expenses 216,043 205,617 425,874 392,301
Asset impairment charges 1,919 1,501 3,463 1,942
Net gains on lease modifications (907) (420) (1,508) (2,565)
Earnings from operations 53,446 87,388 89,821 113,966
Other income (expense):        
Interest expense (3,195) (6,009) (6,288) (11,935)
Interest income 419 461 993 835
Other, net (9,053) (1,001) (25,505) (3,702)
Total other expense (11,829) (6,549) (30,800) (14,802)
Earnings before income tax expense 41,617 80,839 59,021 99,164
Income tax expense 14,177 17,692 21,127 23,147
Net earnings 27,440 63,147 37,894 76,017
Net earnings attributable to noncontrolling interests 3,478 2,085 5,962 2,949
Net earnings attributable to Guess?, Inc. $ 23,962 $ 61,062 $ 31,932 $ 73,068
Net earnings per common share attributable to common stockholders:        
Basic (in dollars per share) $ 0.42 $ 0.94 $ 0.54 $ 1.13
Diluted (in dollars per share) $ 0.35 $ 0.91 $ 0.46 $ 1.10
Weighted average common shares outstanding attributable to common stockholders:        
Basic (in shares) 56,954 64,336 59,003 64,185
Diluted (in shares) 70,299 66,074 72,443 65,933
Product sales        
Net revenue $ 617,922 $ 606,691 $ 1,184,995 $ 1,105,168
Net royalties        
Net revenue $ 24,768 $ 21,933 $ 51,168 $ 43,458