Annual report pursuant to Section 13 and 15(d)

DEBT (Term Loan Credit Facility) (Narrative) (Details)

v3.20.1
DEBT (Term Loan Credit Facility) (Narrative) (Details)
$ in Thousands
12 Months Ended
Aug. 30, 2019
USD ($)
May 23, 2018
USD ($)
May 27, 2016
Feb. 01, 2020
USD ($)
Feb. 02, 2019
USD ($)
Debt          
Outstanding principal amount       $ 2,682,550 $ 2,717,450
Net debt issuance costs       15,900  
Losses on early extinguishments of debt and refinancing costs       1,316 1,835
Asset-Based Revolving Credit Facility [Member] | Michaels Stores [Member]          
Debt          
Security interest granted in voting stock of foreign subsidiaries (as a percent)     65.00%    
Security interest granted in non-voting stock of foreign subsidiaries (as a percent)     100.00%    
Net debt issuance costs       3,500  
Losses on early extinguishments of debt and refinancing costs $ 200        
Asset-Based Revolving Credit Facility [Member] | Michaels Stores [Member] | Federal Funds [Member]          
Debt          
Margin basis spread on reference rate (as a percent)     0.50%    
Asset-Based Revolving Credit Facility [Member] | Michaels Stores [Member] | LIBOR [Member]          
Debt          
Margin basis spread on reference rate (as a percent)     1.25%    
Term Loan Credit Facility [Member]          
Debt          
Outstanding principal amount       2,182,550 $ 2,207,450
Term Loan Credit Facility [Member] | Michaels Stores [Member]          
Debt          
Maximum amount of additional term loans which the entity has the right to request   $ 750,000      
Maximum consolidated secured debt ratio   3.25      
Scheduled quarterly payments as a percentage of the original principal amount of the term loans   0.25%      
Prepayment requirement as a percentage of net proceeds of any debt issued   100.00%      
Security interest granted in voting stock of foreign subsidiaries (as a percent)   65.00%      
Security interest granted in non-voting stock of foreign subsidiaries (as a percent)   100.00%      
Net debt issuance costs       $ 6,700  
Losses on early extinguishments of debt and refinancing costs   $ 1,800      
Term Loan Credit Facility [Member] | Michaels Stores [Member] | Maximum [Member]          
Debt          
Consolidated total leverage ratio   3.75      
Term Loan Credit Facility [Member] | Michaels Stores [Member] | Base Rate [Member]          
Debt          
Margin basis spread on reference rate (as a percent)   1.50%      
Term Loan Credit Facility [Member] | Michaels Stores [Member] | Federal Funds [Member]          
Debt          
Margin basis spread on reference rate (as a percent)   0.50%      
Term Loan Credit Facility [Member] | Michaels Stores [Member] | One-month LIBOR [Member]          
Debt          
Margin basis spread on reference rate (as a percent)   1.00%      
Term Loan Credit Facility [Member] | Michaels Stores [Member] | LIBOR [Member]          
Debt          
Margin basis spread on reference rate (as a percent)   2.50%