Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED FINANCIAL INFORMATION (Balance Sheet) (Details)

v3.19.1
CONDENSED CONSOLIDATED FINANCIAL INFORMATION (Balance Sheet) (Details) - USD ($)
$ in Thousands
May 04, 2019
Feb. 02, 2019
May 05, 2018
Feb. 03, 2018
Current assets:        
Cash and equivalents $ 246,727 $ 245,887 $ 422,454  
Merchandise inventories 1,101,729 1,108,715 1,121,563  
Prepaid expenses and other current assets 65,304 98,659 108,481  
Total current assets 1,449,983 1,515,524 1,685,349  
Property and equipment, net 433,882 439,077 424,905  
Operating lease assets 1,613,719      
Goodwill 112,069 112,069 119,074  
Other assets 27,068 19,423 29,496  
Total assets 3,679,258 2,128,336 2,313,538  
Current liabilities:        
Accounts payable 406,947 485,004 449,687  
Accrued liabilities and other 354,398 378,742 384,630  
Current portion of operating lease liabilities 300,489      
Current portion of long-term debt 24,900 24,900 24,900  
Total current liabilities 1,142,073 932,553 941,436  
Long-term debt 2,675,602 2,681,000 2,696,408  
Long-term operating lease liabilities 1,380,175      
Other liabilities 68,766 140,978 159,615  
Total stockholders' deficit (1,587,358) (1,626,195) (1,483,921) $ (1,509,495)
Total liabilities and stockholders' deficit 3,679,258 2,128,336 2,313,538  
Michaels Stores [Member]        
Current assets:        
Cash and equivalents 245,944 245,108 421,685  
Merchandise inventories 1,101,729 1,108,715 1,121,563  
Prepaid expenses and other current assets 101,423 160,767 141,229  
Total current assets 1,449,096 1,514,590 1,684,477  
Property and equipment, net 433,882 439,077 424,905  
Operating lease assets 1,613,719      
Goodwill 112,069 112,069 119,074  
Other assets 69,607 61,667 84,608  
Total assets 3,678,373 2,127,403 2,313,064  
Current liabilities:        
Accounts payable 406,947 485,004 449,687  
Accrued liabilities and other 353,961 378,313 384,170  
Current portion of operating lease liabilities 300,489      
Current portion of long-term debt 24,900 24,900 24,900  
Other current liabilities 55,339 43,907 127,568  
Total current liabilities 1,141,636 932,124 986,325  
Long-term debt 2,675,602 2,681,000 2,696,408  
Long-term operating lease liabilities 1,380,175      
Other liabilities 125,761 199,705 173,162  
Total stockholders' deficit (1,644,801) (1,685,426) (1,542,831)  
Total liabilities and stockholders' deficit $ 3,678,373 $ 2,127,403 $ 2,313,064