Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED FINANCIAL INFORMATION (Statements of Comprehensive Income) (Details)

v3.19.1
CONDENSED CONSOLIDATED FINANCIAL INFORMATION (Statements of Comprehensive Income) (Details) - USD ($)
$ in Thousands
3 Months Ended
May 04, 2019
May 05, 2018
Supplemental Condensed Consolidating Statement of Comprehensive Income    
Net sales $ 1,093,720 $ 1,155,511
Cost of sales and occupancy expense 676,080 698,948
Gross profit 417,640 456,563
Selling, general and administrative 320,597 328,617
Restructure charges 3,087 47,498
Store pre-opening costs 1,226 1,505
Operating income 92,730 78,943
Income before income taxes 52,266 46,042
Income taxes 14,575 19,157
Net income 37,691 26,885
Other comprehensive income, net of tax:    
Foreign currency translation and other (4,826) (7,053)
Comprehensive income 32,865 19,832
Michaels Stores [Member]    
Supplemental Condensed Consolidating Statement of Comprehensive Income    
Net sales 1,093,720 1,155,511
Cost of sales and occupancy expense 676,080 698,948
Gross profit 417,640 456,563
Selling, general and administrative 320,387 328,392
Restructure charges 3,087 47,498
Store pre-opening costs 1,226 1,505
Operating income 92,940 79,168
Interest and other expense, net 40,469 32,904
Income before income taxes 52,471 46,264
Income taxes 14,624 19,211
Net income 37,847 27,053
Other comprehensive income, net of tax:    
Foreign currency translation and other (4,826) (7,053)
Comprehensive income $ 33,021 $ 20,000