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
Oct. 31, 2020
Aug. 01, 2020
Feb. 01, 2020
Nov. 02, 2019
Aug. 03, 2019
Feb. 02, 2019
Current assets:            
Cash and equivalents $ 851,996   $ 409,964 $ 118,387    
Merchandise inventories 1,170,504   1,097,109 1,423,367    
Prepaid expenses and other current assets 69,663   62,287 73,223    
Total current assets 2,116,395   1,599,802 1,641,945    
Property and equipment, net 415,528   430,432 431,932    
Operating lease assets 1,542,059   1,610,013 1,613,527    
Goodwill 94,290   94,290 94,290    
Other intangible assets, net 58,666   66,417 5,043    
Other assets 17,558   18,940 20,267    
Total assets 4,263,321   3,838,095 3,845,079    
Current liabilities:            
Accounts payable 895,200   476,298 658,182    
Accrued liabilities and other 452,669   347,136 374,120    
Current portion of operating lease liabilities 321,868   306,796 303,023    
Current portion of long-term debt 16,700   24,900 24,900    
Income taxes payable 48,064   41,236 22,520    
Total current liabilities 1,734,501   1,196,366 1,382,745    
Long-term debt 2,483,702   2,644,460 2,649,756    
Long-term operating lease liabilities 1,314,987   1,357,821 1,374,555    
Other liabilities 120,061   85,912 69,853    
Total stockholders' deficit (1,389,930) $ (1,509,883) (1,446,464) (1,631,830) $ (1,587,570) $ (1,626,195)
Total liabilities and stockholders' deficit 4,263,321   3,838,095 3,845,079    
Michaels Stores [Member]            
Current assets:            
Cash and equivalents 851,203   409,173 117,597    
Merchandise inventories 1,170,504   1,097,109 1,423,367    
Prepaid expenses and other current assets 93,872   92,601 100,165    
Total current assets 2,115,579   1,598,883 1,641,129    
Property and equipment, net 415,528   430,432 431,932    
Operating lease assets 1,542,059   1,610,013 1,613,527    
Goodwill 94,290   94,290 94,290    
Other intangible assets, net 58,666   66,417 5,043    
Other assets 36,392   37,146 58,347    
Total assets 4,262,514   3,837,181 3,844,268    
Current liabilities:            
Accounts payable 895,200   476,298 658,182    
Accrued liabilities and other 452,267   346,657 373,710    
Current portion of operating lease liabilities 321,868   306,796 303,023    
Current portion of long-term debt 16,700   24,900 24,900    
Income taxes payable 48,064   41,236 22,520    
Total current liabilities 1,734,099   1,195,887 1,382,335    
Long-term debt 2,483,702   2,644,460 2,649,756    
Long-term operating lease liabilities 1,314,987   1,357,821 1,374,555    
Other liabilities 173,616   141,582 125,819    
Total stockholders' deficit (1,443,890)   (1,502,569) (1,688,197)    
Total liabilities and stockholders' deficit $ 4,262,514   $ 3,837,181 $ 3,844,268