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
Jan. 30, 2021
Feb. 01, 2020
Feb. 02, 2019
Feb. 03, 2018
Current assets:        
Cash and equivalents $ 1,194,389 $ 409,964    
Merchandise inventories 1,007,043 1,097,109    
Prepaid expenses and other current assets 56,822 62,287    
Total current assets 2,272,293 1,599,802    
Property and equipment, net 472,563 430,432    
Operating lease assets 1,594,554 1,610,013    
Goodwill 94,290 94,290    
Other intangible assets, net 57,121 66,417    
Other assets 18,190 18,940    
Total assets 4,528,405 3,838,095    
Current liabilities:        
Accounts payable 858,790 476,298    
Accrued liabilities and other 488,658 347,136    
Current portion of operating lease liabilities 324,238 306,796    
Current portion of long-term debt 16,700 24,900    
Income taxes payable 27,313 41,236    
Total current liabilities 1,715,699 1,196,366    
Long-term debt 2,480,953 2,644,460    
Long-term operating lease liabilities 1,378,394 1,357,821    
Other liabilities 96,329 85,912    
Total stockholders' deficit (1,197,170) (1,446,464) $ (1,626,195) $ (1,509,495)
Total liabilities and stockholders' deficit 4,528,405 3,838,095    
Michaels Stores [Member]        
Current assets:        
Cash and equivalents 1,193,597 409,173    
Merchandise inventories 1,007,043 1,097,109    
Prepaid expenses and other current assets 70,861 92,601    
Total current assets 2,271,501 1,598,883    
Property and equipment, net 472,563 430,432    
Operating lease assets 1,594,554 1,610,013    
Goodwill 94,290 94,290    
Other intangible assets, net 57,121 66,417    
Other assets 37,594 37,146    
Total assets 4,527,623 3,837,181    
Current liabilities:        
Accounts payable 858,790 476,298    
Accrued liabilities and other 488,103 346,657    
Current portion of operating lease liabilities 324,238 306,796    
Current portion of long-term debt 16,700 24,900    
Income taxes payable 27,313 41,236    
Total current liabilities 1,715,144 1,195,887    
Long-term debt 2,480,953 2,644,460    
Long-term operating lease liabilities 1,378,394 1,357,821    
Other liabilities 213,571 141,582    
Total stockholders' deficit (1,260,439) (1,502,569)    
Total liabilities and stockholders' deficit $ 4,527,623 $ 3,837,181