The Michaels Companies, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)
Notes Tables
Notes Details

QUARTERLY RESULTS OF OPERATIONS (UNAUDITED) (Other Information) (Details)

v3.20.4

QUARTERLY RESULTS OF OPERATIONS (UNAUDITED) (Other Information) (Details) $ in Thousands	3 Months Ended								12 Months Ended
	Jan. 30, 2021 USD ($) store	Oct. 31, 2020 USD ($)	Aug. 01, 2020 USD ($)	May 02, 2020 USD ($)	Feb. 01, 2020 USD ($)	Nov. 02, 2019 USD ($)	Aug. 03, 2019 USD ($)	May 04, 2019 USD ($)	Jan. 30, 2021 USD ($) item store	Feb. 01, 2020 USD ($)	Feb. 02, 2019 USD ($)
Quarterly results of operations
Restructure and impairment charges	$ 19,447	$ 9,388				$ 41,376	$ 3,869	$ 3,087	$ 28,835	$ 48,332	$ 104,238
Operating income	341,994	198,951	$ 53,273	$ (60,678)	$ 274,957	76,049	71,300	92,730	533,540	515,037	563,612
Loss on early extinguishments of debt and refinancing costs		(22,000)							$ (22,044)	$ (1,316)	$ (1,835)
Duration period of fiscal year									364 days	364 days	371 days
Minimum [Member]
Quarterly results of operations
Duration period of fiscal year									364 days
Number of weeks in a fiscal quarter \| item									13
Maximum [Member]
Quarterly results of operations
Duration period of fiscal year									371 days
Darice [Member]
Quarterly results of operations
Restructure and impairment charges			$ 52,500
Business Exit Costs									$ 45,200
Operating income	$ 500	$ 6,800
Impairment of assets									$ 40,100
Closed facilities [Member]
Quarterly results of operations
Number of stores closed	13								13
Restructure and impairment charges									$ 19,400
Closed facilities [Member] \| Darice [Member]
Quarterly results of operations
Impairment of assets						40,100			$ 42,700
Pat Catan's [Member]
Quarterly results of operations
Restructure and impairment charges						$ 1,300	$ 3,900	$ 3,100

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