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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Feb. 03, 2024
Jan. 28, 2023
Current assets:    
Cash and cash equivalents $ 360,285 $ 275,765
Accounts receivable, net 314,769 341,939
Inventories 466,297 510,899
Other current assets 84,122 83,102
Total current assets 1,225,473 1,211,705
Property and equipment, net 246,648 240,355
Goodwill 34,100 34,277
Deferred income tax assets 178,910 158,403
Operating lease right-of-use assets 667,031 636,148
Other assets 237,859 144,560
Total assets 2,590,021 2,425,448
Current liabilities:    
Current portion of borrowings and finance lease obligations 40,781 40,380
Accounts payable 272,830 289,442
Accrued expenses and other current liabilities 263,447 263,038
Convertible senior notes due 2024, net 48,048 0
Current portion of operating lease liabilities 166,451 170,192
Total current liabilities 791,557 763,052
Long-term debt and finance lease obligations 28,210 95,921
Long-term operating lease liabilities 542,392 528,236
Other long-term liabilities 155,829 157,403
Total liabilities 1,854,705 1,843,543
Redeemable noncontrolling interests 522 9,154
Commitments and contingencies (Note 15)
Stockholders’ equity:    
Preferred stock, $.01 par value. Authorized 10,000,000 shares; no shares issued and outstanding 0 0
Common stock, $.01 par value. Authorized 150,000,000 shares; issued 142,771,315 and 142,771,253 shares, outstanding 53,007,966 and 54,609,786 shares as of February 3, 2024 and January 28, 2023, respectively 530 546
Paid-in capital 594,520 532,398
Retained earnings 1,412,426 1,276,857
Accumulated other comprehensive loss (137,010) (134,073)
Treasury stock, 89,763,349 and 88,161,467 shares as of February 3, 2024 and January 28, 2023, respectively (1,185,526) (1,141,615)
Guess?, Inc. stockholders’ equity 684,940 534,113
Nonredeemable noncontrolling interests 49,854 38,638
Total stockholders’ equity 734,794 572,751
Total liabilities and stockholders' equity 2,590,021 2,425,448
Convertible senior notes due 2024    
Current liabilities:    
Convertible senior notes, net 0 298,931
Convertible senior notes due 2028    
Current liabilities:    
Convertible senior notes, net $ 336,717 $ 0