Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED FINANCIAL INFORMATION (Balance Sheet) (Details)

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CONDENSED CONSOLIDATED FINANCIAL INFORMATION (Balance Sheet) (Details) - USD ($)
$ in Thousands
Aug. 01, 2020
May 02, 2020
Feb. 01, 2020
Aug. 03, 2019
May 04, 2019
Feb. 02, 2019
Current assets:            
Cash and equivalents $ 651,118   $ 409,964 $ 130,981    
Merchandise inventories 1,021,691   1,097,109 1,256,465    
Prepaid expenses and other current assets 60,721   62,287 69,672    
Total current assets 1,764,573   1,599,802 1,481,059    
Property and equipment, net 412,263   430,432 437,491    
Operating lease assets 1,552,626   1,610,013 1,611,029    
Goodwill 94,290   94,290 112,069    
Other intangible assets, net 59,839   66,417 14,082    
Other assets 17,322   18,940 23,277    
Total assets 3,923,348   3,838,095 3,707,149    
Current liabilities:            
Accounts payable 627,619   476,298 533,473    
Accrued liabilities and other 368,075   347,136 321,847    
Current portion of operating lease liabilities 329,465   306,796 298,993    
Current portion of long-term debt 24,900   24,900 24,900    
Income taxes payable 29,141   41,236 11,974    
Total current liabilities 1,379,200   1,196,366 1,191,187    
Long-term debt 2,633,643   2,644,460 2,655,391    
Long-term operating lease liabilities 1,317,378   1,357,821 1,377,039    
Other liabilities 103,010   85,912 71,102    
Total stockholders' deficit (1,509,883) $ (1,515,423) (1,446,464) (1,587,570) $ (1,587,358) $ (1,626,195)
Total liabilities and stockholders' deficit 3,923,348   3,838,095 3,707,149    
Michaels Stores [Member]            
Current assets:            
Cash and equivalents 650,324   409,173 130,194    
Merchandise inventories 1,021,691   1,097,109 1,256,465    
Prepaid expenses and other current assets 91,706   92,601 93,549    
Total current assets 1,763,721   1,598,883 1,480,208    
Property and equipment, net 412,263   430,432 437,491    
Operating lease assets 1,552,626   1,610,013 1,611,029    
Goodwill 94,290   94,290 112,069    
Other intangible assets, net 59,839   66,417 14,082    
Other assets 39,768   37,146 51,427    
Total assets 3,922,507   3,837,181 3,706,306    
Current liabilities:            
Accounts payable 627,619   476,298 533,473    
Accrued liabilities and other 367,681   346,657 321,473    
Current portion of operating lease liabilities 329,465   306,796 298,993    
Current portion of long-term debt 24,900   24,900 24,900    
Income taxes payable 29,141   41,236 11,974    
Total current liabilities 1,378,806   1,195,887 1,190,813    
Long-term debt 2,633,643   2,644,460 2,655,391    
Long-term operating lease liabilities 1,317,378   1,357,821 1,377,039    
Other liabilities 157,729   141,582 127,800    
Total stockholders' deficit (1,565,049)   (1,502,569) (1,644,737)    
Total liabilities and stockholders' deficit $ 3,922,507   $ 3,837,181 $ 3,706,306