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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Nov. 02, 2024
Feb. 03, 2024
Current assets:    
Cash and cash equivalents $ 140,911 $ 360,285
Accounts receivable, net 383,367 314,769
Inventories 675,752 466,297
Other current assets 103,720 84,122
Total current assets 1,303,750 1,225,473
Property and equipment, net 236,480 246,648
Goodwill 34,171 34,100
Deferred income tax assets 172,573 178,910
Restricted cash 1,411 0
Operating lease right-of-use assets 794,066 667,031
Other assets 252,210 237,859
Total assets 2,794,661 2,590,021
Current liabilities:    
Current portion of borrowings and finance lease obligations 42,836 40,781
Accounts payable 361,186 272,830
Accrued expenses and other current liabilities 263,926 263,447
Convertible senior notes due 2024, net 0 48,048
Current portion of operating lease liabilities 180,835 166,451
Total current liabilities 848,783 791,557
Convertible senior notes due 2028, net 340,617 336,717
Long-term debt and finance lease obligations 238,306 28,210
Long-term operating lease liabilities 670,430 542,392
Other long-term liabilities 206,149 155,829
Total liabilities 2,304,285 1,854,705
Redeemable noncontrolling interests 364 522
Commitments and contingencies (Note 14)
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 142,771,253 and 142,771,315 shares; outstanding 51,445,203 and 53,007,966 shares as of November 2, 2024 and February 3, 2024, respectively 514 530
Paid-in capital 604,344 594,520
Retained earnings 1,223,624 1,412,426
Accumulated other comprehensive loss (143,841) (137,010)
Treasury stock, 91,326,050 and 89,763,349 shares as of November 2, 2024 and February 3, 2024, respectively (1,233,912) (1,185,526)
Guess?, Inc. stockholders’ equity 450,729 684,940
Nonredeemable noncontrolling interests 39,283 49,854
Total stockholders’ equity 490,012 734,794
Total liabilities and stockholders' equity $ 2,794,661 $ 2,590,021