Annual report pursuant to Section 13 and 15(d)

CONDENSED CONSOLIDATED FINANCIAL INFORMATION (Balance Sheet) (Details)

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CONDENSED CONSOLIDATED FINANCIAL INFORMATION (Balance Sheet) (Details) - USD ($)
$ in Thousands
Feb. 01, 2020
Feb. 02, 2019
Feb. 03, 2018
Jan. 28, 2017
Current assets:        
Cash and equivalents $ 409,964 $ 245,887    
Merchandise inventories 1,097,109 1,108,715    
Prepaid expenses and other current assets 62,287 98,659    
Total current assets 1,599,802 1,515,524    
Property and equipment, net 430,432 439,077    
Operating lease assets, adjusted for impairment charge 1,610,013      
Goodwill 94,290 112,069    
Other intangible assets, net 66,417 17,238    
Other assets 18,940 19,423    
Total assets 3,838,095 2,128,336    
Current liabilities:        
Accounts payable 476,298 485,004    
Accrued liabilities and other 347,136 378,742    
Current portion of operating lease liabilities 306,796      
Current portion of long-term debt 24,900 24,900    
Total current liabilities 1,196,366 932,553    
Long-term debt 2,644,460 2,681,000    
Long-term operating lease liabilities 1,357,821      
Other liabilities 85,912 140,978    
Total stockholders' deficit (1,446,464) (1,626,195) $ (1,509,495) $ (1,698,426)
Total liabilities and stockholders' deficit 3,838,095 2,128,336    
Michaels Stores [Member]        
Current assets:        
Cash and equivalents 409,173 245,108    
Merchandise inventories 1,097,109 1,108,715    
Prepaid expenses and other current assets 92,601 160,767    
Total current assets 1,598,883 1,514,590    
Property and equipment, net 430,432 439,077    
Operating lease assets, adjusted for impairment charge 1,610,013      
Goodwill 94,290 112,069    
Other intangible assets, net 66,417 17,238    
Other assets 37,146 44,429    
Total assets 3,837,181 2,127,403    
Current liabilities:        
Accounts payable 476,298 485,004    
Accrued liabilities and other 346,657 378,313    
Current portion of operating lease liabilities 306,796      
Current portion of long-term debt 24,900 24,900    
Other current liabilities 41,236 43,907    
Total current liabilities 1,195,887 932,124    
Long-term debt 2,644,460 2,681,000    
Long-term operating lease liabilities 1,357,821      
Other liabilities 141,582 199,705    
Total stockholders' deficit (1,502,569) (1,685,426)    
Total liabilities and stockholders' deficit $ 3,837,181 $ 2,127,403