GameStop (GME) 10-Q 8 Dec 20 2020 Q3 Quarterly report Financial data

Cover Page

Cover Page - shares	9 Months Ended
	Oct. 31, 2020	Dec. 01, 2020
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Oct. 31, 2020
Document Transition Report	false
Entity File Number	1-32637
Entity Registrant Name	GameStop Corp.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	20-2733559
Entity Address, Address Line One	625 Westport Parkway
Entity Address, City or Town	Grapevine,
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	76051
City Area Code	(817)
Local Phone Number	424-2000
Title of 12(b) Security	Class A Common Stock
Trading Symbol	GME
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		69,746,960
Amendment Flag	false
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q3
Entity Central Index Key	0001326380
Current Fiscal Year End Date	--01-30

UNAUDITED CONDENSED CONSOLIDATE

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Oct. 31, 2020	Feb. 01, 2020	Nov. 02, 2019
Current assets:
Cash and cash equivalents	$ 445.9	$ 499.4	$ 290.3
Restricted cash	140.7	0.3	0.3
Receivables, net	77.6	141.9	145.7
Merchandise inventories, net	861	859.7	1,286.7
Prepaid expenses and other current assets	126.7	120.6	127.3
Assets held-for-sale	0	11.8	12.8
Total current assets	1,651.9	1,633.7	1,863.1
Property and equipment, net	193	275.9	287.1
Operating lease right-of-use assets	666.7	767	758.1
Deferred income taxes	29.2	83	157.8
Long-term restricted cash	16	13.8	13.8
Other noncurrent assets	44.6	46.3	65.7
Total assets	2,601.4	2,819.7	3,145.6
Current liabilities:
Accounts payable	440.2	380.8	709.9
Accrued liabilities and other current liabilities	654.1	617.5	625.1
Current portion of operating lease liabilities	212.9	239.4	238.5
Short-term debt, including current portion of long-term debt, net	244.5	0	0
Borrowings under revolving line of credit	25	0	0
Total current liabilities	1,576.7	1,237.7	1,573.5
Long-term debt, net	216	419.8	419.4
Operating lease liabilities	456.7	529.3	516.5
Other long-term liabilities	19.8	21.4	19.1
Total liabilities	2,269.2	2,208.2	2,528.5
Commitments and contingencies (Note 7)
Stockholders’ equity:
Class A common stock — $.001 par value; 300 shares authorized; 65.2, 67.9 and 64.3 shares issued and outstanding	0.1	0.1	0.1
Additional paid-in capital	5.1	0	0
Accumulated other comprehensive loss	(67.4)	(78.8)	(71.5)
Retained earnings	394.4	690.2	688.5
Total stockholders’ equity	332.2	611.5	617.1
Total liabilities and stockholders’ equity	$ 2,601.4	$ 2,819.7	$ 3,145.6

UNAUDITED CONDENSED CONSOLIDA_2

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Oct. 31, 2020	Feb. 01, 2020	Nov. 02, 2019
Statement of Financial Position [Abstract]
Class A common stock, par value (in dollars per share)	$ 0.001	$ 0.001	$ 0.001
Class A common stock, shares authorized (in shares)	300,000,000	300,000,000	300,000,000
Class A common stock, shares issued (in shares)	65,200,000	64,300,000	67,900,000
Class A common stock, shares outstanding (in shares)	65,200,000	64,300,000	67,900,000

UNAUDITED CONDENSED CONSOLIDA_3

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019
Income Statement [Abstract]
Net sales	$ 1,004.7	$ 1,438.5	$ 2,967.7	$ 4,271.9
Cost of sales	728.4	997.4	2,156.8	2,960.5
Gross profit	276.3	441.1	810.9	1,311.4
Selling, general and administrative expenses	360.4	475.4	1,095.1	1,411
Goodwill and asset impairments	0	11.3	4.8	375.2
Gain on sale of assets	(21.1)	0	(32.4)	0
Operating loss	(63)	(45.6)	(256.6)	(474.8)
Interest income	(0.3)	(2)	(1.6)	(9.9)
Interest expense	10	8	25.5	30.6
Loss from continuing operations before income taxes	(72.7)	(51.6)	(280.5)	(495.5)
Income tax (benefit) expense	(53.9)	31.6	14.4	(6.2)
Net loss from continuing operations	(18.8)	(83.2)	(294.9)	(489.3)
Loss from discontinued operations, net of tax	0	(0.2)	(0.9)	(2.6)
Net loss	$ (18.8)	$ (83.4)	$ (295.8)	$ (491.9)
Basic loss per share:
Continuing operations (in dollars per share)	$ (0.29)	$ (1.01)	$ (4.54)	$ (5.16)
Discontinued operations (in dollars per share)	0	0	(0.01)	(0.03)
Basic loss per share (in dollars per share)	(0.29)	(1.02)	(4.56)	(5.19)
Diluted loss per share:
Continuing operations (in dollars per share)	(0.29)	(1.01)	(4.54)	(5.16)
Discontinued operations (in dollars per share)	0	0	(0.01)	(0.03)
Diluted loss per share (in dollars per share)	$ (0.29)	$ (1.02)	$ (4.56)	$ (5.19)
Weighted-average shares outstanding:
Basic (in shares)	65.2	82.1	64.9	94.8
Diluted (in shares)	65.2	82.1	64.9	94.8

UNAUDITED CONDENSED CONSOLIDA_4

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019
Statement of Comprehensive Income [Abstract]
Net loss	$ (18.8)	$ (83.4)	$ (295.8)	$ (491.9)
Other comprehensive (loss) income:
Foreign currency translation adjustment	(3.5)	3.6	11.4	(17.2)
Total comprehensive loss	$ (22.3)	$ (79.8)	$ (284.4)	$ (509.1)

UNAUDITED CONDENSED CONSOLIDA_5

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - USD ($) shares in Millions, $ in Millions	Total	Class A Common Stock	Additional Paid-in Capital	Accumulated Other Comprehensive (Loss) Income	Retained Earnings
Beginning balance (in shares) at Feb. 02, 2019		102
Beginning balance at Feb. 02, 2019	$ 1,336.2	$ 0.1	$ 27.7	$ (54.3)	$ 1,362.7
Net income (loss)	6.8				6.8
Foreign currency translation	(13.9)			(13.9)
Dividends declared, $0.38 per common share	(38.7)				(38.7)
Stock-based compensation expense	1.9		1.9
Settlement of stock-based awards (in shares)		0.3
Settlement of stock-based awards	(0.6)		(0.6)
Ending balance (in shares) at May. 04, 2019		102.3
Ending balance at May. 04, 2019	1,291.7	$ 0.1	29	(68.2)	1,330.8
Beginning balance (in shares) at Feb. 02, 2019		102
Beginning balance at Feb. 02, 2019	1,336.2	$ 0.1	27.7	(54.3)	1,362.7
Net income (loss)	(491.9)
Foreign currency translation	(17.2)
Ending balance (in shares) at Nov. 02, 2019		67.9
Ending balance at Nov. 02, 2019	617.1	$ 0.1	0	(71.5)	688.5
Beginning balance (in shares) at May. 04, 2019		102.3
Beginning balance at May. 04, 2019	1,291.7	$ 0.1	29	(68.2)	1,330.8
Net income (loss)	(415.3)				(415.3)
Foreign currency translation	(6.9)			(6.9)
Stock-based compensation expense	$ 3.3		3.3
Repurchase of common shares (in shares)	(12)
Repurchase of common shares	$ (62.9)		(32.1)		(30.8)
Settlement of stock-based awards (in shares)		0.2
Settlement of stock-based awards	(0.2)		(0.2)
Ending balance (in shares) at Aug. 03, 2019		90.5
Ending balance at Aug. 03, 2019	809.7	$ 0.1	0	(75.1)	884.7
Net income (loss)	(83.4)				(83.4)
Foreign currency translation	3.6			3.6
Stock-based compensation expense	$ 2.9		2.9
Repurchase of common shares (in shares)	(22.6)	(22.6)
Repurchase of common shares	$ (115.7)		(2.9)		(112.8)
Ending balance (in shares) at Nov. 02, 2019		67.9
Ending balance at Nov. 02, 2019	617.1	$ 0.1	0	(71.5)	688.5
Beginning balance (in shares) at Feb. 01, 2020		64.3
Beginning balance at Feb. 01, 2020	611.5	$ 0.1	0	(78.8)	690.2
Net income (loss)	(165.7)				(165.7)
Foreign currency translation	(12.1)			(12.1)
Stock-based compensation expense	1.8		1.8
Settlement of stock-based awards (in shares)		0.3
Settlement of stock-based awards	(0.5)		(0.5)
Ending balance (in shares) at May. 02, 2020		64.6
Ending balance at May. 02, 2020	435	$ 0.1	1.3	(90.9)	524.5
Beginning balance (in shares) at Feb. 01, 2020		64.3
Beginning balance at Feb. 01, 2020	611.5	$ 0.1	0	(78.8)	690.2
Net income (loss)	(295.8)
Foreign currency translation	11.4
Ending balance (in shares) at Oct. 31, 2020		65.2
Ending balance at Oct. 31, 2020	332.2	$ 0.1	5.1	(67.4)	394.4
Beginning balance (in shares) at May. 02, 2020		64.6
Beginning balance at May. 02, 2020	435	$ 0.1	1.3	(90.9)	524.5
Net income (loss)	(111.3)				(111.3)
Foreign currency translation	27			27
Stock-based compensation expense	2.1		2.1
Settlement of stock-based awards (in shares)		0.6
Settlement of stock-based awards	(0.5)		(0.5)
Ending balance (in shares) at Aug. 01, 2020		65.2
Ending balance at Aug. 01, 2020	352.3	$ 0.1	2.9	(63.9)	413.2
Net income (loss)	(18.8)				(18.8)
Foreign currency translation	(3.5)			(3.5)
Stock-based compensation expense	2.2		2.2
Ending balance (in shares) at Oct. 31, 2020		65.2
Ending balance at Oct. 31, 2020	$ 332.2	$ 0.1	$ 5.1	$ (67.4)	$ 394.4

UNAUDITED CONDENSED CONSOLIDA_6

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY (Parenthetical)	3 Months Ended
	Aug. 03, 2019$ / shares
Class A Common Stock
Dividends declared per common share (in dollars per share)	$ 0.38

UNAUDITED CONDENSED CONSOLIDA_7

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019
Cash flows from operating activities:
Net loss	$ (295.8)	$ (491.9)
Adjustments to reconcile net loss to net cash flows from operating activities:
Depreciation and amortization (including amounts in cost of sales)	61.1	70.1
Goodwill and asset impairments	4.8	375.2
Stock-based compensation expense	6.1	8.1
Deferred income taxes	45.4	(11.8)
(Gain) loss on disposal of property and equipment, net	(30.6)	1.9
Loss on divestitures	0	1.3
Other	2.6	3.1
Changes in operating assets and liabilities:
Receivables, net	65.8	(6.7)
Merchandise inventories	11.6	(61.6)
Prepaid expenses and other current assets	(2.9)	(10.7)
Prepaid income taxes and income taxes payable	11.7	(44.2)
Accounts payable and accrued liabilities	78.9	(488.4)
Operating lease right-of-use assets and lease liabilities	1.1	0.7
Changes in other long-term liabilities	(0.9)	0.1
Net cash flows used in operating activities	(41.1)	(654.8)
Cash flows from investing activities:
Purchase of property and equipment	(32.6)	(61.4)
Proceeds from sale of property and equipment	95.5	0
Proceeds from divestitures	0	5.2
Other	0.4	(0.7)
Net cash flows provided by (used in) investing activities	63.3	(56.9)
Cash flows from financing activities:
Repurchase of common shares	0	(176.9)
Proceeds from French term loans	47.1	0
Dividends paid	(0.3)	(40.5)
Borrowings from the revolver	150	0
Repayments of revolver borrowings	(125)	0
Repayments of senior notes	(5.3)	(404.5)
Settlement of stock-based awards	(1)	(0.8)
Net cash flows provided by (used in) financing activities	65.5	(622.7)
Exchange rate effect on cash, cash equivalents and restricted cash	1.4	(1.7)
Increase (decrease) in cash, cash equivalents and restricted cash	89.1	(1,336.1)
Cash, cash equivalents and restricted cash at beginning of period	513.5	1,640.5
Cash, cash equivalents and restricted cash at end of period	$ 602.6	$ 304.4

General Information

General Information	9 Months Ended
	Oct. 31, 2020
Accounting Policies [Abstract]
General Information	General Information The Company GameStop Corp. (“GameStop,” “we,” “us,” “our,” or the “Company”) is a global, multichannel video game, consumer electronics and collectibles retailer. GameStop operates over 5,000 stores across ten countries. GameStop's consumer product network also includes www.gamestop.com and Game Informer ® magazine, the world's leading print and digital video game publication. GameStop operates its business in four geographic segments: United States, Canada, Australia and Europe. The information contained in these unaudited condensed financial statements refers to continuing operations unless otherwise noted. Basis of Presentation and Consolidation The unaudited condensed consolidated financial statements include the Company's accounts and the accounts of its wholly-owned subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation. The unaudited condensed consolidated financial statements included herein reflect all adjustments (consisting only of normal, recurring adjustments) which are, in the Company's opinion, necessary for a fair presentation of the information as of and for the periods presented. These unaudited condensed consolidated interim financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and the instructions to Quarterly Report on Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all disclosures required under GAAP for complete consolidated financial statements. These unaudited condensed consolidated financial statements should be read in conjunction with the Company's annual report on Form 10-K for the 52 weeks ended February 1, 2020, as filed with the Securities and Exchange Commission ("SEC") on March 27, 2020, (the “2019 Annual Report on Form 10-K”). The preparation of financial statements in conformity with GAAP requires the Company to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. In preparing these financial statements, the Company has made its best estimates and judgments of certain amounts included in the financial statements, and changes in the estimates and assumptions used by the Company could have a significant impact on its financial results. Actual results could differ from those estimates. Due to the seasonal nature of the Company's business, the results of operations for the 39 weeks ended October 31, 2020 are not indicative of the results to be expected for the 52 weeks ending January 30, 2021 ("fiscal 2020"). Reclassifications The Company has made certain classifications in its consolidated statements of cash flows in order to conform to the current year presentation. Certain changes in customer liabilities, primarily associated with loyalty point redemptions and gift card breakage, of $16.2 million for the 39 weeks ended November 2, 2019 has been reclassified from other to changes in accounts payable and accrued liabilities. In the Company's consolidated statements of operations, depreciation and amortization of $23.6 million and $69.3 million for the 13 and 39 weeks ended November 2, 2019, respectively, have been reclassified to selling, general and administrative expenses to conform to the current year presentation. Additionally, asset impairments of $11.3 million for the 13 and 39 weeks ended November 2, 2019 and goodwill impairments of $363.9 million for the 39 weeks ended November 2, 2019 have been reclassified to goodwill and asset impairments to conform to the current year presentation. In the Company's consolidated balance sheets, restricted cash of $0.3 million and $0.3 million as of November 2, 2019 and February 1, 2020, respectively, have been reclassified from prepaid expenses and other current assets to restricted cash to conform to the current year presentation. Additionally, restricted cash of $13.8 million and $13.8 million as of November 2, 2019 and February 1, 2020, respectively, have been reclassified from other noncurrent assets to long-term restricted cash to conform to the current year presentation. Significant Accounting Policies There have been no material changes to the Company's significant accounting policies included in Note 1, "Nature of Operations and Summary of Significant Accounting Policies," within its 2019 Annual Report on Form 10-K. Unvested Restricted Stock and Shares Issued and Outstanding In June 2019, the Company adopted the GameStop Corp. 2019 Incentive Plan (the "2019 Plan"), which provides for the grant of equity awards to officers, employees, consultants, advisors and directors of the Company. The 2019 Plan provides for the grant of restricted stock awards, including both time-based and performance-based awards, among other equity awards. Time-based restricted stock awards generally vest in equal annual installments over a three-year period on the anniversary of the date of issuance, subject to continued service to the Company. Performance-based restricted stock awards generally vest as a lump sum on the third anniversary of the date of issuance and are subject to the achievement of certain performance measures. Shares of restricted stock granted by the Company are considered to be legally issued and outstanding as of the date of grant, notwithstanding that the shares remain subject to risk of forfeiture if the vesting conditions for such shares are not met, and are included in the number of shares of Class A common stock outstanding disclosed on the cover page of this quarterly report on Form 10-Q as of December 1, 2020. In accordance with accounting guidance followed by the Company, the financial statement presentation excludes unvested shares of restricted Class A common stock, as restricted shares are treated as issued and outstanding for financial statement presentation purposes only after such shares have vested and, therefore, have ceased to be subject to a risk of forfeiture. As of October 31, 2020, November 2, 2019 and February 1, 2020 there were 4.6 million, 3.4 million and 3.4 million, respectively, of unvested shares of restricted stock. Accordingly, as of October 31, 2020, November 2, 2019 and February 1, 2020 there were 69.8 million, 71.3 million and 67.7 million, respectively, of shares of Class A common stock, including unvested restricted shares, legally issued and outstanding. Restricted Cash Restricted cash of $156.7 million, $14.1 million and $14.1 million as of October 31, 2020, November 2, 2019 and February 1, 2020, respectively, consists primarily of bank deposits that collateralize the Company's obligations to vendors and landlords. The following table provides a reconciliation of cash, cash equivalents and restricted cash in the condensed consolidated balance sheets to total cash, cash equivalents and restricted cash in the condensed consolidated statements of cash flows (in millions): October 31, November 2, February 1, Cash and cash equivalents $ 445.9 $ 290.3 $ 499.4 Restricted cash 140.7 0.3 0.3 Long-term restricted cash 16.0 13.8 13.8 Total cash, cash equivalents and restricted cash in the statements of cash flows $ 602.6 $ 304.4 $ 513.5 Assets Held-for-Sale The Company's corporate aircraft was classified as assets held-for-sale as of November 2, 2019 and February 1, 2020, which had an estimated fair value, less costs to sell, of $12.8 million and $11.8 million, respectively. The Company recognized impairment charges of $3.2 million on the corporate aircraft during the 39 weeks ended October 31, 2020, which was partially attributable to recent economic impacts associated with the COVID-19 pandemic. On June 5, 2020, the Company sold its corporate aircraft with net cash proceeds from the sale totaling $8.6 million, net of costs to sell. No gain or loss on the sale of the aircraft was recognized. Property and Equipment, Net Accumulated depreciation related to the Company's property and equipment totaled $1,175.3 million, $1,230.4 million and $1,190.1 million as of October 31, 2020, November 2, 2019 and February 1, 2020, respectively. The Company periodically reviews its property and equipment when events or changes in circumstances indicate that its carrying amounts may not be recoverable or its depreciation or amortization periods should be accelerated. The Company assesses recoverability based on several factors, including its intention with respect to its stores and those stores’ projected undiscounted cash flows. An impairment loss is recognized for the amount by which the carrying amount of the assets exceeds its fair value, determined based on an estimate of discounted future cash flows. Impairment losses were recorded totaling $1.0 million during the 39 weeks ended October 31, 2020. Impairment losses were recorded totaling $3.6 million during the 13 and 39 weeks ended November 2, 2019. Share Repurchases During the third quarter of fiscal 2019, we executed a series of open market repurchases for an aggregate of 22.6 million shares of our Class A common stock totaling $115.7 million, including fees and commissions. Included in these amounts are repurchases of 0.3 million shares for $1.7 million that were initiated prior to November 2, 2019, but not settled until the fourth quarter of fiscal 2019. Discontinued Operations and Dispositions On September 25, 2019, we sold our Simply Mac business to Cool Holdings, Inc. for total consideration of $12.9 million subject to customary post-closing adjustments. The consideration consisted of $5.2 million in cash and a note receivable of $7.7 million, which was amended during the first quarter of fiscal 2020 to revise the amount to $1.3 million. We recognized a loss on sale during the third quarter of fiscal 2019 of $1.3 million, net of tax. Subsequently, during the fourth quarter of fiscal 2019, we fully reserved the $7.7 million note receivable due to the buyer's failure to make scheduled payments. We recognized a total loss on sale of $9.1 million, net of tax, during fiscal 2019. During the fourth quarter of fiscal 2018, the Company sold its Spring Mobile business. The historic results of Spring Mobile are presented as discontinued operations, which primarily consist of residual wind-down costs for all periods presented. The net loss from discontinued operations for the 13 weeks ended October 31, 2020 and November 2, 2019 consisted of $0.0 million and $0.2 million in selling, general and administrative expenses, respectively. The net loss from discontinued operations for the 39 weeks ended October 31, 2020 and November 2, 2019 consisted of $1.2 million and $3.2 million in selling, general and administrative expenses, respectively and $0.3 million and $0.6 million in income tax benefit, respectively. Adoption of New Accounting Pronouncements In June 2016, the Financial Accounting Standards Board ("FASB") issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, which was further updated and clarified by the FASB through the issuance of additional related ASUs. This ASU requires financial assets measured at amortized cost to be presented at the net amount to be collected with the recognition of an allowance for credit losses expected to be incurred over an asset's lifetime based on relevant information about past events, current conditions and reasonable and supportable forecasts. ASU 2016-13 is effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. The Company adopted this new standard, effective February 2, 2020, using the modified-retrospective approach. The adoption of this standard did not have a material impact on the Company's consolidated financial statements. Recent Accounting Pronouncements In December 2019, the FASB issued ASU 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes. This standard is intended to simplify the accounting and disclosure requirements for income taxes by eliminating various exceptions in accounting for income taxes as well as clarifying and amending existing guidance to improve consistency in application of ASC 740. The provisions of ASU 2019-12 are effective for fiscal years beginning after December 15, 2021, with early adoption permitted. The Company is currently evaluating the impact that ASU 2019-12 will have on its consolidated financial statements. In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting. This standard provides practical expedients for contract modifications with the transition from reference rates, such as LIBOR, that are expected to be discontinued. This guidance is applicable for the Company's revolving line of credit, which uses LIBOR as a reference rate. The provisions of ASU 2020-04 are effective as of March 12, 2020 and may be adopted prospectively through December 31, 2022. The Company is currently evaluating the impact that ASU 2020-04 will have on its consolidated financial statements.

COVID-19 Impacts

COVID-19 Impacts	9 Months Ended
	Oct. 31, 2020
Asset Impairment Charges [Abstract]
COVID-19 Impacts	COVID-19 Impacts The near-term macroeconomic conditions continue to be adversely impacted by the emergence of a novel coronavirus, identified as COVID-19, which was declared a global pandemic by the World Health Organization in March 2020. In efforts to mitigate the continued spread of the virus, numerous governments in geographies where the Company operates have imposed quarantines, stay-at-home orders, travel restrictions and other similar measures in attempts to limit physical human interaction, referred to as social distancing. To comply with these measures, the Company temporarily closed or limited store operations across all of its operating regions at various times throughout fiscal 2020 to date. During the first half of 2020, the Company temporarily closed stores at various times across Europe, Canada and New Zealand. In the United States, all storefronts were temporarily closed to customers, however, the Company continued to process orders by offering curbside pick-up, ship from store and e-commerce delivery options in many of its stores. These temporary store closures began in late March 2020 and by the end of fiscal June 2020, 98% of the Company's stores globally were open to the public following the implementation of the highest level of health and safety protocols recommended by the federal and local health and governmental authorities. GameStop's store locations in Australia remained opened to the public during the first half of fiscal 2020 and were not negatively impacted during this period by the COVID-19 restrictions as the Company's other segments and New Zealand. During the third quarter of fiscal 2020, the substantial majority of the Company's stores were open, with approximately 15% of the Company's stores in Australia temporarily closed for approximately four weeks due to an outbreak of COVID-19. Additionally, starting in late October 2020, as COVID-19 cases began to escalate in regions around the world, all of the Company's stores in France and Ireland were temporarily closed as required by federal governmental authorities, while certain of our stores in Canada, Australia and Austria closed temporarily starting in early to mid-November. Although certain stores remain closed, some of the Company's stores in France, Ireland, Canada and Australia are offering curbside pick-up. The Company remains vigilant in its compliance with COVID-19 regulations across its operating regions, and as such has reverted a minor number of store operations in the United States in early November to curbside pick-up only. Impact on Operating Results and Asset Recoverability While the gaming industry has not been as severely impacted as certain other consumer businesses, store closures during the stay-at-home orders have adversely impacted the Company's results of operations during the 13 and 39 weeks ended October 31, 2020. In response, the Company has taken proactive measures to align inventory purchases with demand, reduce discretionary spending and earlier in fiscal 2020 instituted temporary pay reductions to partially offset the impact of store closures. During the 39 weeks ended October 31, 2020, the Company incurred $23.3 million to mitigate the impact of the COVID-19 pandemic including incremental wage payments to hourly associates to help offset lost wages due to store closures, enhanced cleaning measures and expanded use of personal protective equipment at its stores, shared service centers and distribution centers across all geographies where the Company operates. The aggregation of these events caused the Company to reassess potential impairments of long-lived assets, primarily consisting of store-level property and equipment and right-of-use assets under existing operating leases. As a result of this asset impairment analysis, during the 39 weeks ended October 31, 2020 the Company recognized impairment charges of $1.6 million. In addition, during the 39 weeks ended October 31, 2020, the Company recognized impairment charges of $3.2 million for its corporate aircraft, which was partially attributable to the economic impacts associated with the COVID-19 pandemic. The corporate aircraft was sold during the second quarter of fiscal 2020 for $8.6 million, net of costs to sell. See Note 1, "General Information" for further details. During the 39 weeks ended October 31, 2020 the Company continued to assess the likelihood of realizing the benefits of its deferred tax assets. The Company assesses the realizability of its deferred tax assets using several factors, including the weight of all available evidence, which takes into consideration cumulative book losses recognized, projections of future taxable income in certain jurisdictions and other factors. While the Company's view of the longer-term operating outlook has not been significantly impacted by COVID-19, its ability to recover these deferred tax assets depends on several factors, including the Company's short and long-term results of operations. As a result of this analysis, the Company maintains valuation allowances of approximately $187.9 million on the majority of its U.S. and foreign net deferred tax assets as of October 31, 2020. See Note 10, “Income Taxes" for further information. The Company evaluated its accounts receivable, which are mainly comprised of bankcard receivables and vendor allowances. Given the nature of these receivables and the credit worthiness of the applicable payees, the COVID-19 pandemic did not significantly impact the estimates of allowances for doubtful accounts. The Company also evaluated its merchandise inventories, which are carried at the lower of cost or market generally using the average cost method. The Company is required to record valuation adjustments to inventory to reflect potential obsolescence or over-valuation as a result of cost exceeding market. In valuing inventory, the Company considers quantities on hand, recent sales, potential price protections, returns to vendors and other factors. Given the nature of the Company's products and the temporary store closures between March and June 2020, the COVID-19 pandemic did not significantly impact its estimates of inventory valuation. Liquidity and Other Impacts As of October 31, 2020, the Company had total unrestricted cash on hand of $445.9 million and an additional $175.4 million of available borrowing capacity under its revolving credit facilities. See Note 6, "Debt," for further information. As mentioned above, the Company has taken actions to align expenses and inventory levels given the impacts of the current operating environment and has projected it will have adequate liquidity for the next 12 months and the foreseeable future to maintain normal operations. Additionally, during the second quarter of fiscal 2020, the Company completed an exchange offer for a portion of its unsecured senior notes due in March 2021 resulting in the replacement of 52% of such notes (based on aggregate principal amount) for newly issued secured senior notes due in March 2023. See Note 6, "Debt," for further details on the exchange offer and related impacts to scheduled debt maturities. See Note 11, "Subsequent Events," for information regarding the Company's notice of redemption to redeem $125.0 million of its outstanding 2021 Senior Notes. On March 27, 2020, the U.S. government enacted the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”), which among other things, provides employer payroll tax credits for wages paid to employees who are unable to work during the COVID-19 pandemic and options to defer the Company's share of Social Security payroll taxes. The Company qualified for the deferral of payroll and other tax payments and, as a result, it has deferred, and continues to defer payroll taxes and other tax payments through the end of the calendar year 2020. The payment of these deferred amounts are required to be made in 2021 and 2022 calendar years. These deferrals are included in accrued liabilities and other current liabilities within the Company's unaudited condensed consolidated balance sheets. In addition, the Company's French subsidiary obtained €20.0 million of unsecured term loans in the second quarter of fiscal 2020 and another €20.0 million of unsecured term loans in the third quarter of fiscal 2020, 90% of which are guaranteed by the French government pursuant to a state guaranteed loan program instituted in connection with the COVID-19 pandemic. See Note 6, "Debt" for further information. During the 13 and 39 weeks ended October 31, 2020, the Company received $9.7 million and $18.8 million, respectively, of COVID-19-related rent concessions comprised of rent abatements and rent deferrals. The Company applied lease modification guidance to any concession arrangement that extended the term of the lease and substantially altered future cash flows. The Company elected, as permitted by the guidance issued by the FASB during the COVID-19 pandemic, to not use lease modification accounting for all rent concessions including any rent abatements related to leases not subject to an extension of the original terms. For these leases, which represented most of the leases subject to COVID-19-related rent concessions, the Company reduced rent expense in the later of the month in which the landlord issued the rent concession or the month for which the rent concession related. For rent concessions in the form of lease payment deferrals, the liability for these rent amounts will remain on the balance sheet until paid. The COVID-19 pandemic remains an evolving situation and its impact on the Company's business, operating results, cash flows and financial conditions will depend on the geographies impacted by the virus, the ongoing economic effect of the pandemic, the additional economic stimulus programs introduced by governments, and the timing of the post-pandemic economic recovery. Even as the Company continues to comply with all governmental health and safety requirements for its associates and customers while resuming and maintaining substantially full operations, the persistence and potential resurgence of the COVID-19 pandemic may require the Company to temporarily close stores again in future periods or introduce modified operating schedules and may impact customer behaviors, including a potential reduction in consumer discretionary spending. These developments could increase asset recovery and valuation risks. Further, the uncertainties in the global economy could impact the financial viability of the Company's suppliers, which may interrupt the Company's supply chain and require other changes to operations. In light of the foregoing, the extent and duration of the COVID-19 pandemic, and responses of governments, customers, suppliers and other third parties, may materially adversely impact the Company's business, financial condition, results of operations and cash flows.

Revenue

Revenue	9 Months Ended
	Oct. 31, 2020
Revenue from Contract with Customer [Abstract]
Revenue	Revenue At the end of fiscal 2019, the Company revised the categories of its similar products, as presented below, to better align with management's view of the business. Prior periods have been reclassified to conform to the current period presentation. Net sales by significant product category for the periods indicated is as follows (in millions): 13 Weeks Ended 39 Weeks Ended October 31, 2020 November 2, 2019 October 31, 2020 November 2, 2019 Hardware and accessories (1) $ 413.4 $ 546.0 $ 1,368.1 $ 1,757.4 Software (2) 444.4 730.6 1,247.9 2,022.0 Collectibles 146.9 161.9 351.7 492.5 Total $ 1,004.7 $ 1,438.5 $ 2,967.7 $ 4,271.9 __________________________________________________ (1) Includes sales of new and pre-owned hardware, accessories, hardware bundles in which hardware and digital or physical software are sold together in a single SKU, interactive game figures, strategy guides, mobile and consumer electronics, and the operations of Simply Mac stores, which were sold in September 2019. (2) Includes sales of new and pre-owned video game software, digital software and PC entertainment software. See Note 9, "Segment Information," for net sales by geographic location. Performance Obligations The Company has arrangements with customers where its performance obligations are satisfied over time, which primarily relate to extended warranties and its Game Informer ® magazine. Revenues do not include sales tax or other taxes collected from customers. The Company expects to recognize revenue in future periods for remaining performance obligations it has associated with unredeemed gift cards, trade-in credits, reservation deposits and its PowerUp Rewards loyalty program (collectively, "unredeemed customer liabilities"), extended warranties and subscriptions to its Game Informer ® magazine. Performance obligations associated with unredeemed customer liabilities are primarily satisfied at the time customers redeem gift cards, trade-in credits, customer deposits or loyalty program points for products offered by the Company. Unredeemed customer liabilities are generally redeemed within one year of issuance. As of October 31, 2020 and November 2, 2019, the Company's unredeemed customer liabilities totaled $326.2 million and $250.5 million, respectively. The Company offers extended warranties on certain new and pre-owned video game products with terms generally ranging from 12 to 24 months, depending on the product. Revenues for extended warranties sold are recognized on a straight-line basis over the life of the contract. As of October 31, 2020 and November 2, 2019, the Company's deferred revenue liability related to extended warranties totaled $47.7 million and $58.9 million, respectively. Performance obligations associated with subscriptions to Game Informer ® magazine are satisfied when monthly magazines are delivered in print form or made available in digital format. The significant majority of customer subscriptions are for 12 monthly issues. As of October 31, 2020 and November 2, 2019, the Company had deferred revenue of $30.7 million and $39.2 million, respectively, associated with Game Informer ® magazine. Significant Judgments and Estimates The Company accrues PowerUp Rewards loyalty points at the estimated retail price per point, net of estimated breakage, which can be redeemed by loyalty program members for products offered by the Company. The estimated retail price per point is based on the actual historical retail prices of product(s) purchased through the redemption of loyalty points. The Company estimates breakage of loyalty points and unredeemed gift cards based on historical redemption rates. Contract Balances The Company's contract liabilities primarily consist of unredeemed customer liabilities and deferred revenues associated with extended warranties and subscriptions to Game Informer ® magazine. The opening balance, current period changes and ending balance of the Company's contract liabilities are as follows (in millions): October 31, 2020 November 2, 2019 Contract liability beginning balance $ 339.2 $ 376.9 Increase to contract liabilities (1) 562.2 677.1 Decrease to contract liabilities (2) (496.5) (705.0) Other adjustments (3) (0.3) (0.4) Contract liability ending balance $ 404.6 $ 348.6 __________________________________________________ (1) Includes issuances of gift cards, trade-in credits and loyalty points, new reservation deposits, new subscriptions to Game Informer ® and extended warranties sold. (2) Includes redemptions of gift cards, trade-in credits, loyalty points and customer deposits as well as revenues recognized for Game Informer ® and extended warranties. During the 39 weeks ended October 31, 2020, there were $36.6 million of gift cards redeemed that were outstanding as of February 1, 2020. During the 39 weeks ended November 2, 2019, there were $47.3 million of gift cards redeemed that were outstanding as of February 2, 2019. (3) Primarily includes foreign currency translation adjustments.

Fair Value Measurements and Fin

Fair Value Measurements and Financial Instruments	9 Months Ended
	Oct. 31, 2020
Fair Value Disclosures [Abstract]
Fair Value Measurements and Financial Instruments	Fair Value Measurements and Financial Instruments Fair value is defined as the price that would be received from selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Applicable accounting standards require disclosures that categorize assets and liabilities measured at fair value into one of three different levels depending on the observability of the inputs employed in the measurement. Level 1 inputs are quoted prices in active markets for identical assets or liabilities. Level 2 inputs are observable inputs other than quoted prices included within Level 1 for the asset or liability, either directly or indirectly through market-corroborated inputs. Level 3 inputs are unobservable inputs for the asset or liability reflecting the Company's assumptions about pricing by market participants. Assets and Liabilities that are Measured at Fair Value on a Recurring Basis Assets and liabilities that are measured at fair value on a recurring basis include the Company's foreign currency contracts, Company-owned life insurance policies with a cash surrender value, and certain nonqualified deferred compensation liabilities. The Company values its foreign currency contracts, life insurance policies with cash surrender values and certain nonqualified deferred compensation liabilities based on Level 2 inputs using quotations provided by major market news services, such as Bloomberg , and industry-standard models that consider various assumptions, including quoted forward prices, time value, volatility factors, and contractual prices for the underlying instruments, as well as other relevant economic measures, all of which are observable in active markets. When appropriate, valuations are adjusted to reflect credit considerations, generally based on available market evidence. The Company's assets and liabilities measured at fair value on a recurring basis as of October 31, 2020, November 2, 2019 and February 1, 2020, utilize Level 2 inputs and include the following (in millions): October 31, 2020 November 2, 2019 February 1, 2020 Assets Foreign currency contracts (1) $ 1.3 $ 1.2 $ 1.4 Company-owned life insurance (2) 3.2 16.2 4.1 Total assets $ 4.5 $ 17.4 $ 5.5 Liabilities Foreign currency contracts (3) $ 3.2 $ 0.5 $ 0.3 Nonqualified deferred compensation (3) 1.0 0.8 1.0 Total liabilities $ 4.2 $ 1.3 $ 1.3 __________________________________________________ (1) Recognized in prepaid expenses and other current assets in the Company's unaudited condensed consolidated balance sheets. (2) Recognized in other non-current assets in the Company's unaudited condensed consolidated balance sheets. (3) Recognized in accrued liabilities and other current liabilities in the Company's unaudited condensed consolidated balance sheets. The Company uses forward exchange contracts to manage currency risk primarily related to intercompany loans and third party accounts payable denominated in non-functional currencies. These foreign currency contracts are not designated as hedges and, therefore, changes in the fair values of these derivatives are recognized in earnings, thereby offsetting the current earnings effect of the re-measurement of related balances denominated in foreign currencies. The total gross notional value of derivatives related to the Company's foreign currency contracts was $262.3 million, $147.1 million and $144.6 million as of October 31, 2020, November 2, 2019 and February 1, 2020, respectively. Activity related to the trading of derivative instruments and the offsetting impact of related balances denominated in foreign currencies recognized in selling, general and administrative expense is as follows (in millions): 13 Weeks Ended 39 Weeks Ended October 31, November 2, October 31, November 2, Gains (losses) on the changes in fair value of derivative instruments $ 0.6 $ 0.4 $ (4.6) $ 3.2 (Losses) gains on the re-measurement of related intercompany loans and third-party accounts payable denominated in foreign currencies (0.5) 0.1 4.7 (2.7) Net gains $ 0.1 $ 0.5 $ 0.1 $ 0.5 The Company does not use derivative financial instruments for trading or speculative purposes. The Company is exposed to counterparty credit risk on all of its derivative financial instruments and cash equivalent investments. The Company manages counterparty risk according to the guidelines and controls established under comprehensive risk management and investment policies. The Company continuously monitors its counterparty credit risk and utilizes a number of different counterparties to minimize its exposure to potential defaults. The Company does not require collateral under derivative or investment agreements. Assets that are Measured at Fair Value on a Non-recurring Basis Assets that are measured at fair value on a non-recurring basis relate primarily to property and equipment and other intangible assets, which are remeasured when the estimated fair value is below its carrying value. For these assets, the Company does not periodically adjust carrying value to fair value; rather, when it determines that impairment has occurred, the carrying value of the asset is reduced to its fair value. During the 39 weeks ended October 31, 2020 and November 2, 2019, the Company recognized impairment charges totaling $1.6 million and $3.6 million, respectively, associated with store-level assets, to reflect their fair values of zero. During the 39 weeks ended October 31, 2020 and November 2, 2019, the Company also recognized impairment charges of $3.2 million and $7.7 million, respectively, related to its corporate aircraft to reflect its fair value of $8.6 million and $12.8 million as of October 31, 2020 and November 2, 2019, respectively. The corporate aircraft was classified as assets held-for-sale in our unaudited condensed consolidated balance sheets as of November 2, 2019 and February 1, 2020. The company sold its corporate aircraft on June 5, 2020. Other Fair Value Disclosures The carrying values of the Company's cash equivalents, receivables, net, accounts payable and short-term borrowings approximate their fair values due to their short-term maturities.

Leases

Leases	9 Months Ended
	Oct. 31, 2020
Leases [Abstract]
Leases	Leases The Company conducts the substantial majority of its business with leased real estate properties, including retail stores, warehouse facilities and office space. The Company also leases certain equipment and vehicles. These are generally leased under noncancelable agreements and include various renewal options for additional periods. These agreements generally provide for minimum, and in some cases, percentage rentals, and require the Company to pay insurance, taxes and other maintenance costs. Percentage rentals are based on sales performance in excess of specified minimums at various stores and are accounted for in the period in which the amount of percentage rentals can be accurately estimated. All of the Company's lease agreements are classified as operating leases. Effective February 3, 2019, the Company adopted ASC 842, Leases. Under ASC 842, fixed payments associated with its operating leases are included in operating lease right-of-use ("ROU") assets and both current and noncurrent operating lease liabilities on the balance sheet. The Company determines if an arrangement is considered a lease at inception. ROU assets are recognized on the commencement date based on the present value of future minimum lease payments over the lease term, including reasonably certain renewal options. As the rate implicit in the lease is not readily determinable for most leases, the Company utilizes its incremental borrowing rate ("IBR") to determine the present value of future payments. The incremental borrowing rate represents a significant judgment that is based on an analysis of the Company's credit rating, country risk, corporate bond yields, the effect of collateralization, as well as comparison to its borrowing rates. For real estate leases, the Company does not separate the components of a contract, thus its future payments include minimum rent payments and fixed executory costs. For non-real estate leases, future payments include only fixed minimum rent payments. The Company records the amortization of ROU assets and the accretion of lease liabilities as a single lease cost on a straight-line basis over the lease term, which includes option terms the Company is reasonably certain to exercise. The Company recognizes cash or lease incentives as a reduction to the ROU asset. ROU assets are assessed for impairment in accordance with the Company's long-lived asset impairment policy, which is performed periodically or when events or changes in circumstances indicate that the carrying amount may not be recoverable. In July of 2020, the Company sold, in separate unrelated transactions, to unaffiliated third parties: i) its corporate headquarters and ancillary office space in Grapevine, Texas for $28.5 million, net of costs to sell and ii) a nearby refurbishment center for $15.2 million, net of costs to sell. The net proceeds from the sale of these assets will be used for general corporate purposes. As a result of these transactions, a gain on sale of assets of $11.3 million was recognized, which is included in the Company's unaudited condensed consolidated statement of operations in gain on sale of assets for the 39 weeks ended October 31, 2020. In connection with each of the sales, the Company leased-back from the applicable purchasers its corporate headquarters for an initial term of ten years, and the ancillary office space and refurbishment center for two years. The leaseback agreement for the corporate headquarters contains three renewal periods of five years each; the Company recognized only the initial term of the lease as part of its right-of-use asset and lease liability for the corporate headquarters. The other facilities do not contain a renewal option. The annual rent for the corporate headquarters will start at $1.7 million, plus taxes, utilities, management fees and other operating and maintenance expenses and will increase by 2.25% per year. The annual rent for the other facilities will be $1.3 million with no rent escalation, plus taxes, utilities, management fees and other operating and maintenance expenses. These leaseback agreements are accounted for as operating leases. With respect to the leaseback of the corporate headquarters, the Company agreed to provide a letter of credit to the buyer-lessor within 18 months from the closing date to secure the Company's lease obligation. Given that the purchase price of the corporate headquarters was reduced by $2.8 million to account for the deferred issuance of this letter of credit, as of October 31, 2020 the Company recognized a contract asset for the same amount within “prepaid expenses and other current assets” representing the variable consideration on the purchase price. Upon delivering the letter of credit, the Company will be entitled to a rent credit of an equivalent amount. This variable consideration is included in the total gain on sale of assets recognized during the second quarter of 2020. In August 2020, the Company sold its Australian headquarters in Eagle Farm, Queensland to an unrelated party for approximately $27.0 million, net of costs to sell, and immediately leased back the facility for a term of ten years on market rate terms at an average annual base rent of $1.7 million, plus taxes, utilities, management fees and other operating and maintenance expenses. Additionally, in September 2020, the Company sold its Canadian headquarters in Brampton, Ontario for approximately $16.7 million, net of costs to sell, and leased back the facility for a term of five years on market rate terms at an average annual base rent of $0.9 million, plus taxes, utilities, management fees and other operating and maintenance expenses. The Company recognized only the initial term of the lease as part of its right-of-use asset and lease liability for both the Australian and Canadian headquarters. The net proceeds from the sale of these assets will be used for general corporate purposes. As a result of these transactions, a gain on sale of assets of $21.1 million was recognized, which is included in the Company's unaudited condensed consolidated statement of operations in gain on sale of assets for the 13 and 39 weeks ended October 31, 2020. Rent expense under operating leases was as follows (in millions): 13 Weeks Ended 39 Weeks Ended October 31, November 2, October 31, November 2, Operating lease cost $ 73.4 $ 86.6 $ 233.7 $ 257.8 Variable lease cost (1) 20.2 23.1 60.3 72.2 Total rent expense $ 93.6 $ 109.7 $ 294.0 $ 330.0 _____________________________________________ (1) Variable lease cost primarily includes percentage rentals and variable executory costs. During the 39 weeks ended October 31, 2020 and November 2, 2019, the Company had cash outflows of $193.7 million and $223.0 million, respectively, associated with operating leases. Refer to Note 2, "COVID-19 Impacts" as it pertains to impacts of rent obligations due to COVID-19. The Company recognized $82.2 million and $147.3 million during the 39 weeks ended October 31, 2020 and November 2, 2019, respectively, of ROU assets that were obtained in exchange for operating lease obligations. During the 39 weeks ended October 31, 2020, $0.6 million of store-level ROU asset impairment charges were recognized. The Company did not record any impairment charges related to ROU assets during the 13 weeks ended October 31, 2020 or the 13 and 39 weeks ended November 2, 2019. The weighted-average remaining lease term, which includes reasonably certain renewal options, and the weighted-average discount rate for operating leases included in the measurement of the Company's lease liabilities, as of October 31, 2020, November 2, 2019, and February 1, 2020, were as follows: October 31, 2020 November 2, 2019 February 1, 2020 Weighted-average remaining lease term (years) (1) 4.5 4.5 4.7 Weighted-average discount rate 5.1 % 4.4 % 4.1 % _____________________________________________ (1) The weighted-average remaining lease term is weighted based on the lease liability balance for each lease as of October 31, 2020, November 2, 2019 and February 1, 2020. This weighted average calculation differs from the Company's simple average remaining lease term due to the inclusion of reasonably certain renewal options and the effect of the lease liability value of longer term leases. Expected lease payments associated with the Company's operating lease liabilities, excluding percentage rentals, as of October 31, 2020, are as follows (in millions): Period Operating Leases (1) Remainder of Fiscal Year 2020, as of October 31, 2020 $ 71.8 Fiscal Year 2021 217.2 Fiscal Year 2022 150.4 Fiscal Year 2023 103.3 Fiscal Year 2024 73.2 Thereafter 126.6 Total remaining lease payments 742.5 Less: Interest (72.9) Present value of lease liabilities (2) $ 669.6 _______________________________________________________________ (1) Operating lease payments exclude legally binding lease payments for leases signed but not yet commenced. (2) The present value of lease liabilities consist of $212.9 million classified as current portion of operating lease liabilities and $456.7 million classified as long-term operating lease liabilities.

Debt

Debt	9 Months Ended
	Oct. 31, 2020
Debt Disclosure [Abstract]
Debt	Debt The carrying value of the Company's debt is comprised as follows (in millions): October 31, 2020 November 2, 2019 February 1, 2020 Revolving credit facility expiring November 2022 $ 25.0 $ — $ — French term loans due June 2021 (1) 23.3 — — French term loans due October 2021 (1) 23.3 — — 2021 Senior Notes principal amount 198.2 421.4 421.4 2023 Senior Notes principal amount 216.4 — — Less: Senior Notes unamortized debt financing costs (0.7) (2.0) (1.6) Total debt, net (2) $ 485.5 $ 419.4 $ 419.8 Less: short-term debt and current portion of long-term debt (3) (269.5) — — Long-term debt, net $ 216.0 $ 419.4 $ 419.8 _______________________________________________________________ (1) These term loans may be extended, subject to specified conditions, for up to five (2) During the second quarter of fiscal 2020, the Company's wholly-owned subsidiary, Micromania SAS, obtained an unsecured credit facility. No amounts have been drawn under this facility through October 31, 2020, and this facility expires in January 2021. (3) Includes advances under the revolving credit facility expiring November 2022, the French term loans due June 2021 and October 2021, and the 2021 Senior Notes, net of the associated unamortized debt financing costs. See Note 11, "Subsequent Events" for details regarding the scheduled redemption of a portion of our 2021 Senior Notes. Senior Notes 2023 Senior Notes. In July 2020, the Company issued approximately $216.4 million aggregate principal amount of 10.00% senior notes due March 15, 2023 (the "2023 Senior Notes") in exchange for an equal aggregate principal amount of its 6.75% senior notes due March 15, 2021 (the "2021 Senior Notes"). Interest is payable on the 2023 Senior Notes semi-annually in arrears on March 15 and September 15 of each year. The Company incurred approximately $7.4 million in fees and expenses in connection with the exchange, consisting primarily of bank and legal fees, which are included in selling, general and administrative expenses in the Company's condensed consolidated statements of operations for the 39 weeks ended October 31, 2020. The Company's obligations under the 2023 Senior Notes are fully and unconditionally guaranteed on a senior secured basis by most of its domestic subsidiaries. The 2023 Senior Notes and the related guarantees are secured by first-priority liens on most of the Company's and the guarantors’ assets, other than Excluded Property and ABL Priority Collateral (each as defined in the indenture governing the 2023 Senior Notes), and by second-priority liens on the ABL Priority Collateral (which generally includes most of the Company's and the guarantors’ credit card receivables, accounts receivable, payment intangibles, inventory, pledged deposit accounts and related assets), in each case, subject to certain exceptions and permitted liens. The indenture governing the 2023 Senior Notes contains restrictions on the ability of the Company and its restricted subsidiaries to incur, assume or permit to exist additional indebtedness or guaranty obligations; declare or pay dividends or redeem or repurchase capital stock; prepay, redeem or purchase certain subordinated indebtedness; issue certain preferred stock or similar equity securities; make loans and certain investments; sell assets; incur liens; engage in transactions with affiliates; enter into agreements restricting the ability of subsidiaries to pay dividends; and engage in mergers, acquisitions and other business combinations. The 2023 Senior Notes indenture also contains certain affirmative covenants and events of default. The 2023 Senior Notes have not been registered under the Securities Act of 1933, as amended (the "Securities Act") or the securities laws of any state and may not be offered or sold in the United States absent registration or an exemption from the registration requirements of the Securities Act and applicable state securities laws. 2021 Senior Notes. In March 2016, the Company issued $475.0 million of 2021 Senior Notes. Interest is payable on the 2021 Senior Notes semi-annually in arrears on March 15 and September 15 of each year. The Company incurred approximately $8.1 million in fees and expenses in connection with the issuance of the 2021 Senior Notes, which were capitalized during the first quarter of fiscal 2016 and are being amortized as interest expense over the term of the 2021 Senior Notes. In connection with the exchange transaction discussed above, approximately $0.5 million of these fees and expenses are now being amortized as interest expense over the term of the 2023 Notes. The 2021 Senior Notes have not been registered under the Securities Act or the securities laws of any state. The 2021 Senior Notes were offered in the United States to "qualified institutional buyers" pursuant to the exemption from registration under Rule 144A of the Securities Act and in exempted offshore transactions pursuant to Regulation S under the Securities Act. During the 39 weeks ended November 2, 2019, the Company repurchased $53.6 million of its 2021 Senior Notes in open market transactions at prices ranging from 99.6% to 101.5% of face value. During the 39 weeks ended October 31, 2020, the Company repurchased $6.8 million of 2021 Senior Notes in open market transactions at prices ranging from 71.5% to 79.1% of face value, of which $0.5 million were extinguished as of May 2, 2020, with the remaining $6.3 million extinguished as of May 21, 2020. In connection with the exchange transaction described above, $216.4 million aggregate principal amount of the 2021 Senior Notes were exchanged for an equal aggregate principal amount of 2023 Senior Notes, and all interest that had accrued on the 2021 Senior Notes that were exchanged was paid through July 6, 2020. Upon consummation of the exchange transaction and as of October 31, 2020, $198.2 million aggregate principal amount of 2021 Senior Notes remained outstanding. In connection with the exchange transaction, the Company entered into the Fifth Supplemental Indenture governing the 2021 Senior Notes. The Fifth Supplemental Indenture, which became effective on July 6, 2020, deleted certain restrictions in the original indenture relating to asset sales, liens, investments, stock repurchases, debt incurrence, debt repurchases and dividends. Furthermore, the Fifth Supplemental Indenture eliminated certain events of default related to failures to pay, or acceleration of, debt (other than the 2021 Senior Notes), breaches of certain covenants, failure to pay certain judgments and certain events of bankruptcy, insolvency and reorganization. On November 10, 2020, the Company issued a notice to redeem, on December 11, 2020, $125.0 million in aggregate principal amount of 2021 Senior Notes. See Note 11, "Subsequent Events," for further details. Revolving Credit Facility The Company maintains an asset-based revolving credit facility (the “Revolver”) with a borrowing base capacity of $420 million and a maturity date of November 2022. The Revolver also includes a $200 million expansion feature and $100 million letter of credit sublimit, and allows for an incremental $50 million first-in, last-out facility. The applicable margins for prime rate loans range from 0.25% to 0.50% and, for the London Interbank Offered (“LIBO”) rate loans, range from 1.25% to 1.50%. The Revolver is secured by substantially all of the assets of the Company and its domestic subsidiaries, such lien being junior to the lien in certain of such assets that secure the 2023 Senior Notes. Borrowing availability under the Revolver is limited to a borrowing base which allows the Company to borrow up to 90% of the appraised value of its inventory (or 92.5% during the period of July 15 and October 15 of each year), plus 90% of eligible credit card receivables, net of certain reserves. Letters of credit reduce the amount available to borrow under the Revolver by an amount equal to the face value of the letters of credit. The Company's ability to pay cash dividends, redeem options and repurchase shares is generally permitted, except under certain circumstances, including if either (1) excess availability under the Revolver is less than 20%, or is projected to be within six months after such payment or (2) excess availability under the Revolver is less than 15%, or is projected to be within six months after such payment, and the fixed charge coverage ratio, as calculated on a pro-forma basis for the prior 12 months, is 1.0:1.0 or less. In the event that excess availability under the Revolver is at any time less than the greater of (1) $12.5 million or (2) 10% of the lesser of the total commitment or the borrowing base, the Company will be subject to a fixed charge coverage ratio covenant of 1.0:1.0 (the "Availability Reduction"). The Revolver places certain restrictions on the Company and its subsidiaries, including limitations on asset sales, liens, investments, loans, guarantees, acquisitions and debt incurrence. The per annum interest rate under the Revolver is variable and is calculated by applying a margin (1) for prime rate loans of 0.25% to 0.50% above the highest of (a) the prime rate of the administrative agent, (b) the federal funds effective rate plus 0.50% and (c) the LIBO rate for a one month interest period as determined on such day plus 1.00%, and (2) for LIBO rate loans of 1.25% to 1.50% above the LIBO rate. The applicable margin is determined quarterly as a function of the Company's average daily excess availability under the facility. In addition, the Company is required to pay a commitment fee of 0.25% for any unused portion of the total commitment under the Revolver. As of October 31, 2020, the applicable margin was 0.25% for prime rate loans and 1.25% for LIBO rate loans. The Revolver provides for customary events of default, including for failure to pay principal or interest when due, failure to comply with covenants, failure of any material representation or warranty proving to be true and correct in a material respect, certain bankruptcy, insolvency or receivership events affecting the Company or its subsidiaries, defaults relating to certain other indebtedness, imposition of certain judgments and mergers or the liquidation of the Company or certain of its subsidiaries. During the 39 weeks ended October 31, 2020, the Company borrowed $150.0 million and repaid $125.0 million under the Revolver. As of October 31, 2020, total availability under the Revolver after giving effect to the Availability Reduction was $152.1 million, with outstanding borrowings of $25.0 million and outstanding standby letters of credit of $59.8 million. The Company is currently in compliance with all covenants in the Revolver. In August 2020, the Company entered into the fourth amendment (“Fourth Amendment”) to the credit agreement governing the Revolver (“Credit Agreement”). The foregoing discussion of the Revolver gives effect to the Fourth Amendment, and the amendments therein include, but are not limited to the following: • a reduction in the amount of the excess availability threshold that determines whether the Company is subject to a fixed charge coverage ratio covenant of 1.0:1.0 from the greater of $30 million and 10% of the borrowing base to the greater of $12.5 million and 10% of the borrowing base; • an increase in the sublimit for the issuances of letters of credit under the Credit Agreement from $50 million to $100 million; and • an increase in the amount of letters of credit permitted to be issued separately from, and not pursuant to, the Credit Agreement from $25 million to (i) up to $150 million for letters of credit issued for the benefit of borrowers/guarantors under the Credit Agreement and (ii) up to $75 million for letters of credit issued for the benefit of foreign subsidiaries, subject to the understanding that the outstanding amount of letters of credit issued under the Credit Agreement, combined with the outstanding amount of letters of credit otherwise permitted by the Credit Agreement, may not exceed $275 million in the aggregate. Letter of Credit Facilities Separately from the Revolver, the Company maintains uncommitted letter of credit facilities with certain lenders that provide for the issuance of letters of credit and bank guarantees, at times supported by cash collateral. As of October 31, 2020, the Company had $90.2 million of outstanding letters of credit and bank guarantees under facilities outside of the Revolver. French Term Loans and Credit Facility During the second and third quarters of fiscal 2020, the Company's French subsidiary, Micromania SAS, entered into six separate unsecured term loans for a total of €40.0 million ($46.6 million as of October 31, 2020). The term loans all bear interest at 0%. Three of the term loans totaling €20.0 million mature in June 2021 and the other three term loans totaling €20.0 million mature in October 2021, and all of them may be extended, subject to specified conditions, for up to five In addition, Micromania SAS obtained a €20.0 million ($23.3 million as of October 31, 2020) credit facility that provides for term loans of 10 to 93 days in duration to support its working capital needs. This facility was scheduled to expire in June 2021, but in consideration for the issuance of additional term loans to Micromania SAS in the third quarter of fiscal 2020, Micromania SAS agreed to accelerate the maturity of this facility to January 2021. Loans made under this facility accrue interest at a variable rate tied to the Euro Interbank Offered Rate plus an applicable margin of 1.5% and are secured by a pledge of the bank account from which repayments of the loans would be made. No amounts have been drawn under this facility through October 31, 2020.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Oct. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Commitments During the 39 weeks ended October 31, 2020, there were no material changes to the Company's commitments as disclosed in its 2019 Annual Report on Form 10-K except as discussed in Note 6, "Debt." Contingencies Legal Proceedings In the ordinary course of business, the Company is, from time to time, subject to various legal proceedings, including matters involving wage and hour employee class actions, stockholder actions and consumer class actions. The Company may enter into discussions regarding settlement of these and other types of lawsuits, and may enter into settlement agreements, if it believes settlement is in the best interest of its stockholders. The Company does not believe that any such existing legal proceedings or settlements, individually or in the aggregate, will have a material effect on its financial condition, results of operations or liquidity.

Earnings Per Share

Earnings Per Share	9 Months Ended
	Oct. 31, 2020
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share Basic net income (loss) per common share is computed by dividing the net income (loss) available to common stockholders by the weighted-average number of common shares outstanding during the period. Diluted net income (loss) per common share is computed by dividing the net income (loss) available to common stockholders by the weighted-average number of common shares outstanding and potentially dilutive securities outstanding during the period. Potentially dilutive securities include stock options and unvested restricted stock outstanding during the period, using the treasury stock method. Potentially dilutive securities are excluded from the computations of diluted earnings per share if their effect would be antidilutive. A net loss from continuing operations causes all potentially dilutive securities to be antidilutive. The Company has certain undistributed stock awards that participate in dividends on a nonforfeitable basis, however, their impact on earnings per share under the two-class method is negligible. See Note 1, "General Information," for information regarding our unvested restricted stock and shares issued and outstanding. A reconciliation of shares used in calculating basic and diluted net loss per common share is as follows (in millions): 13 Weeks Ended 39 Weeks Ended October 31, November 2, October 31, November 2, Weighted-average common shares outstanding 65.2 82.1 64.9 94.8 Dilutive effect of stock options and restricted stock awards — — — — Weighted-average diluted common shares outstanding 65.2 82.1 64.9 94.8 Anti-dilutive stock options and restricted stock awards 4.7 2.3 4.7 2.3

Segment Information

Segment Information	9 Months Ended
	Oct. 31, 2020
Segment Reporting [Abstract]
Segment Information	Segment Information The Company operates its business in four geographic segments: United States, Canada, Australia and Europe. The Company identifies segments based on a combination of geographic areas and management responsibility. Segment results for the United States include retail operations in 50 states and Guam; its e-commerce operations; Game Informer ® magazine; and Simply Mac, which was sold in September 2019. The United States segment also includes general and administrative expenses related to the Company's corporate headquarters in Grapevine, Texas. Segment results for Canada include retail and e-commerce operations in Canada and segment results for Australia include retail and e-commerce operations in Australia and New Zealand. Segment results for Europe include retail and e-commerce operations in six European countries for the 13 weeks ended October 31, 2020 and ten European countries for the 39 weeks ended October 31, 2020 as well as the 13 and 39 weeks ended November 2, 2019. The Company measures segment profit using operating earnings, which is defined as income from continuing operations before intercompany royalty fees, net interest expense and income taxes. Transactions between reportable segments consist primarily of royalties, management fees, intersegment loans and related interest. There were no material intersegment sales during the 13 and 39 weeks ended October 31, 2020 and November 2, 2019. Segment information for the 13 and 39 weeks ended October 31, 2020 and November 2, 2019 is as follows (in millions): United Canada Australia Europe Consolidated 13 weeks ended October 31, 2020 Net sales $ 664.5 $ 55.9 $ 111.2 $ 173.1 $ 1,004.7 Operating (loss) earnings (66.8) 7.1 10.1 (13.4) (63.0) 13 weeks ended November 2, 2019 Net sales $ 987.5 $ 79.8 $ 117.0 $ 254.2 $ 1,438.5 Operating loss (24.2) (3.9) (0.2) (17.3) (45.6) United Canada Australia Europe Consolidated 39 weeks ended October 31, 2020 Net sales $ 2,009.3 $ 137.5 $ 373.9 $ 447.0 $ 2,967.7 Operating (loss) earnings (189.6) (3.0) 21.2 (85.2) (256.6) 39 weeks ended November 2, 2019 Net sales $ 3,010.7 $ 215.4 $ 339.8 $ 706.0 $ 4,271.9 Operating loss (386.1) (16.3) (10.6) (61.8) (474.8)

Income Taxes

Income Taxes	9 Months Ended
	Oct. 31, 2020
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes In response to the COVID-19 pandemic, many governments have enacted measures to provide aid and economic stimulus. These measures include deferring the due dates of tax payments and other changes to their income and non-income-based tax laws as well as providing direct government assistance through grants and forgivable loans. The Coronavirus Aid, Relief, and Economic Security Act (the "CARES Act"), which was enacted on March 27, 2020 in the U.S., includes measures to assist companies, including temporary changes to income and non-income-based tax laws. With respect to the CARES Act, the Company currently expects to benefit from the deferral of certain payroll taxes through the end of calendar year 2020, the carryback of a net operating loss for fiscal 2020, the modification of limitation on business interest and certain technical corrections with respect to qualified improvement property. The Company recognized an income tax benefit of $53.9 million for the 13 weeks ended October 31, 2020 compared to an income tax expense of $31.6 million for the 13 weeks ended November 2, 2019. The Company's effective income tax rate increased to 74.1% for the 13 weeks ended October 31, 2020 compared to (61.2)% for the 13 weeks ended November 2, 2019. The increase in the effective income tax rate compared to the prior year quarter was primarily driven by a change in the tax status of certain foreign entities, sale and leaseback transactions, the impact of the CARES Act, including tax benefits associated with the availability of a five-year carryback period for certain current year tax losses, and the relative mix of earnings across the jurisdictions within which we operate. The Company recognized income tax expense of $14.4 million for the 39 weeks ended October 31, 2020 compared to an income tax benefit of $6.2 million for the 39 weeks ended November 2, 2019. The Company's effective income tax rate decreased to (5.1)% for the 39 weeks ended October 31, 2020 compared to 1.3% for the 39 weeks ended November 2, 2019. The decrease in the effective income tax rate compared to the prior year quarter was primarily driven by the establishment of a full valuation allowance on U.S. deferred tax assets, a change in the tax status of certain foreign entities, sale and leaseback transactions, the impact of the CARES Act, including tax benefits associated with the availability of a five-year carryback period for certain current year tax losses, and the relative mix of earnings across the jurisdictions within which we operate. The Company assesses the available positive and negative evidence to estimate whether sufficient future taxable income will be generated to permit use of the existing deferred tax assets. Where the Company has determined existing deferred tax assets are not more likely than not to be realized, it has established a valuation allowance against those net deferred tax assets, including in the U.S. and most foreign jurisdictions. The Company continues to evaluate the realizability of all deferred tax assets on a jurisdictional basis as it relates to expected future earnings. Should the Company fail to achieve its expected earnings in the coming periods, it may be necessary to establish a valuation allowance against some or all of its deferred tax assets in those jurisdictions not currently subject to a valuation allowance.

Subsequent Events

Subsequent Events	9 Months Ended
	Oct. 31, 2020
Subsequent Events [Abstract]
Subsequent Events	Subsequent EventsOn November 10, 2020 the Company issued a notice of redemption to redeem $125.0 million of its outstanding 2021 Senior Notes, representing 63.1% of the aggregate outstanding principal amount. The redemption date will be December 11, 2020 and the redemption price will be equal to $1,000 per $1,000 principal amount of the 2021 Senior Notes being redeemed and will include accrued but unpaid interest to, but not including, the redemption date. Upon the redemption by the Company of the 2021 Senior Notes being redeemed, $73.2 million of 2021 Senior Notes will remain outstanding. See Note 6, "Debt," for further details on the 2021 Senior Notes.

General Information (Policies)

General Information (Policies)	9 Months Ended
	Oct. 31, 2020
Accounting Policies [Abstract]
Basis of Presentation and Consolidation	Basis of Presentation and Consolidation The unaudited condensed consolidated financial statements include the Company's accounts and the accounts of its wholly-owned subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation. The unaudited condensed consolidated financial statements included herein reflect all adjustments (consisting only of normal, recurring adjustments) which are, in the Company's opinion, necessary for a fair presentation of the information as of and for the periods presented. These unaudited condensed consolidated interim financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and the instructions to Quarterly Report on Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all disclosures required under GAAP for complete consolidated financial statements. These unaudited condensed consolidated financial statements should be read in conjunction with the Company's annual report on Form 10-K for the 52 weeks ended February 1, 2020, as filed with the Securities and Exchange Commission ("SEC") on March 27, 2020, (the “2019 Annual Report on Form 10-K”). The preparation of financial statements in conformity with GAAP requires the Company to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. In preparing these financial statements, the Company has made its best estimates and judgments of certain amounts included in the financial statements, and changes in the estimates and assumptions used by the Company could have a significant impact on its financial results. Actual results could differ from those estimates. Due to the seasonal nature of the Company's business, the results of operations for the 39 weeks ended October 31, 2020 are not indicative of the results to be expected for the 52 weeks ending January 30, 2021 ("fiscal 2020").
Reclassifications	ReclassificationsThe Company has made certain classifications in its consolidated statements of cash flows in order to conform to the current year presentation.
Adoption of New Accounting Pronouncements and Recent Accounting Pronouncements	Adoption of New Accounting Pronouncements In June 2016, the Financial Accounting Standards Board ("FASB") issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, which was further updated and clarified by the FASB through the issuance of additional related ASUs. This ASU requires financial assets measured at amortized cost to be presented at the net amount to be collected with the recognition of an allowance for credit losses expected to be incurred over an asset's lifetime based on relevant information about past events, current conditions and reasonable and supportable forecasts. ASU 2016-13 is effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. The Company adopted this new standard, effective February 2, 2020, using the modified-retrospective approach. The adoption of this standard did not have a material impact on the Company's consolidated financial statements. Recent Accounting Pronouncements In December 2019, the FASB issued ASU 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes. This standard is intended to simplify the accounting and disclosure requirements for income taxes by eliminating various exceptions in accounting for income taxes as well as clarifying and amending existing guidance to improve consistency in application of ASC 740. The provisions of ASU 2019-12 are effective for fiscal years beginning after December 15, 2021, with early adoption permitted. The Company is currently evaluating the impact that ASU 2019-12 will have on its consolidated financial statements. In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting. This standard provides practical expedients for contract modifications with the transition from reference rates, such as LIBOR, that are expected to be discontinued. This guidance is applicable for the Company's revolving line of credit, which uses LIBOR as a reference rate. The provisions of ASU 2020-04 are effective as of March 12, 2020 and may be adopted prospectively through December 31, 2022. The Company is currently evaluating the impact that ASU 2020-04 will have on its consolidated financial statements.

General Information (Tables)

General Information (Tables)	9 Months Ended
	Oct. 31, 2020
Accounting Policies [Abstract]
Reconciliation of Cash and Cash Equivalents	The following table provides a reconciliation of cash, cash equivalents and restricted cash in the condensed consolidated balance sheets to total cash, cash equivalents and restricted cash in the condensed consolidated statements of cash flows (in millions): October 31, November 2, February 1, Cash and cash equivalents $ 445.9 $ 290.3 $ 499.4 Restricted cash 140.7 0.3 0.3 Long-term restricted cash 16.0 13.8 13.8 Total cash, cash equivalents and restricted cash in the statements of cash flows $ 602.6 $ 304.4 $ 513.5

Revenue (Tables)

Revenue (Tables)	9 Months Ended
	Oct. 31, 2020
Revenue from Contract with Customer [Abstract]
Sales and Percentage of Total Net Sales by Significant Product Category	Net sales by significant product category for the periods indicated is as follows (in millions): 13 Weeks Ended 39 Weeks Ended October 31, 2020 November 2, 2019 October 31, 2020 November 2, 2019 Hardware and accessories (1) $ 413.4 $ 546.0 $ 1,368.1 $ 1,757.4 Software (2) 444.4 730.6 1,247.9 2,022.0 Collectibles 146.9 161.9 351.7 492.5 Total $ 1,004.7 $ 1,438.5 $ 2,967.7 $ 4,271.9 __________________________________________________ (1) Includes sales of new and pre-owned hardware, accessories, hardware bundles in which hardware and digital or physical software are sold together in a single SKU, interactive game figures, strategy guides, mobile and consumer electronics, and the operations of Simply Mac stores, which were sold in September 2019. (2) Includes sales of new and pre-owned video game software, digital software and PC entertainment software.
Contract with Customer, Asset and Liability	The opening balance, current period changes and ending balance of the Company's contract liabilities are as follows (in millions): October 31, 2020 November 2, 2019 Contract liability beginning balance $ 339.2 $ 376.9 Increase to contract liabilities (1) 562.2 677.1 Decrease to contract liabilities (2) (496.5) (705.0) Other adjustments (3) (0.3) (0.4) Contract liability ending balance $ 404.6 $ 348.6 __________________________________________________ (1) Includes issuances of gift cards, trade-in credits and loyalty points, new reservation deposits, new subscriptions to Game Informer ® and extended warranties sold. (2) Includes redemptions of gift cards, trade-in credits, loyalty points and customer deposits as well as revenues recognized for Game Informer ® and extended warranties. During the 39 weeks ended October 31, 2020, there were $36.6 million of gift cards redeemed that were outstanding as of February 1, 2020. During the 39 weeks ended November 2, 2019, there were $47.3 million of gift cards redeemed that were outstanding as of February 2, 2019. (3) Primarily includes foreign currency translation adjustments.

Fair Value Measurements and F_2

Fair Value Measurements and Financial Instruments (Tables)	9 Months Ended
	Oct. 31, 2020
Fair Value Disclosures [Abstract]
Fair Value of Assets and Liabilities Measured at Fair Value on Recurring Basis	The Company's assets and liabilities measured at fair value on a recurring basis as of October 31, 2020, November 2, 2019 and February 1, 2020, utilize Level 2 inputs and include the following (in millions): October 31, 2020 November 2, 2019 February 1, 2020 Assets Foreign currency contracts (1) $ 1.3 $ 1.2 $ 1.4 Company-owned life insurance (2) 3.2 16.2 4.1 Total assets $ 4.5 $ 17.4 $ 5.5 Liabilities Foreign currency contracts (3) $ 3.2 $ 0.5 $ 0.3 Nonqualified deferred compensation (3) 1.0 0.8 1.0 Total liabilities $ 4.2 $ 1.3 $ 1.3 __________________________________________________ (1) Recognized in prepaid expenses and other current assets in the Company's unaudited condensed consolidated balance sheets. (2) Recognized in other non-current assets in the Company's unaudited condensed consolidated balance sheets. (3) Recognized in accrued liabilities and other current liabilities in the Company's unaudited condensed consolidated balance sheets.
Gains and Losses on Derivative Instruments and Foreign Currency Transaction	Activity related to the trading of derivative instruments and the offsetting impact of related balances denominated in foreign currencies recognized in selling, general and administrative expense is as follows (in millions): 13 Weeks Ended 39 Weeks Ended October 31, November 2, October 31, November 2, Gains (losses) on the changes in fair value of derivative instruments $ 0.6 $ 0.4 $ (4.6) $ 3.2 (Losses) gains on the re-measurement of related intercompany loans and third-party accounts payable denominated in foreign currencies (0.5) 0.1 4.7 (2.7) Net gains $ 0.1 $ 0.5 $ 0.1 $ 0.5

Leases (Tables)

Leases (Tables)	9 Months Ended
	Oct. 31, 2020
Leases [Abstract]
Lease, Cost	Rent expense under operating leases was as follows (in millions): 13 Weeks Ended 39 Weeks Ended October 31, November 2, October 31, November 2, Operating lease cost $ 73.4 $ 86.6 $ 233.7 $ 257.8 Variable lease cost (1) 20.2 23.1 60.3 72.2 Total rent expense $ 93.6 $ 109.7 $ 294.0 $ 330.0 _____________________________________________ (1) Variable lease cost primarily includes percentage rentals and variable executory costs. The weighted-average remaining lease term, which includes reasonably certain renewal options, and the weighted-average discount rate for operating leases included in the measurement of the Company's lease liabilities, as of October 31, 2020, November 2, 2019, and February 1, 2020, were as follows: October 31, 2020 November 2, 2019 February 1, 2020 Weighted-average remaining lease term (years) (1) 4.5 4.5 4.7 Weighted-average discount rate 5.1 % 4.4 % 4.1 % _____________________________________________ (1) The weighted-average remaining lease term is weighted based on the lease liability balance for each lease as of October 31, 2020, November 2, 2019 and February 1, 2020. This weighted average calculation differs from the Company's simple average remaining lease term due to the inclusion of reasonably certain renewal options and the effect of the lease liability value of longer term leases.
Lessee, Operating Lease, Liability, Maturity	Expected lease payments associated with the Company's operating lease liabilities, excluding percentage rentals, as of October 31, 2020, are as follows (in millions): Period Operating Leases (1) Remainder of Fiscal Year 2020, as of October 31, 2020 $ 71.8 Fiscal Year 2021 217.2 Fiscal Year 2022 150.4 Fiscal Year 2023 103.3 Fiscal Year 2024 73.2 Thereafter 126.6 Total remaining lease payments 742.5 Less: Interest (72.9) Present value of lease liabilities (2) $ 669.6 _______________________________________________________________ (1) Operating lease payments exclude legally binding lease payments for leases signed but not yet commenced. (2) The present value of lease liabilities consist of $212.9 million classified as current portion of operating lease liabilities and $456.7 million classified as long-term operating lease liabilities.

Debt (Tables)

Debt (Tables)	9 Months Ended
	Oct. 31, 2020
Debt Disclosure [Abstract]
Schedule of Debt	The carrying value of the Company's debt is comprised as follows (in millions): October 31, 2020 November 2, 2019 February 1, 2020 Revolving credit facility expiring November 2022 $ 25.0 $ — $ — French term loans due June 2021 (1) 23.3 — — French term loans due October 2021 (1) 23.3 — — 2021 Senior Notes principal amount 198.2 421.4 421.4 2023 Senior Notes principal amount 216.4 — — Less: Senior Notes unamortized debt financing costs (0.7) (2.0) (1.6) Total debt, net (2) $ 485.5 $ 419.4 $ 419.8 Less: short-term debt and current portion of long-term debt (3) (269.5) — — Long-term debt, net $ 216.0 $ 419.4 $ 419.8 _______________________________________________________________ (1) These term loans may be extended, subject to specified conditions, for up to five (2) During the second quarter of fiscal 2020, the Company's wholly-owned subsidiary, Micromania SAS, obtained an unsecured credit facility. No amounts have been drawn under this facility through October 31, 2020, and this facility expires in January 2021. (3) Includes advances under the revolving credit facility expiring November 2022, the French term loans due June 2021 and October 2021, and the 2021 Senior Notes, net of the associated unamortized debt financing costs. See Note 11, "Subsequent Events" for details regarding the scheduled redemption of a portion of our 2021 Senior Notes.

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Oct. 31, 2020
Earnings Per Share [Abstract]
Reconciliation of Shares Used in Calculating Basic and Diluted Net Loss Per Common Share	A reconciliation of shares used in calculating basic and diluted net loss per common share is as follows (in millions): 13 Weeks Ended 39 Weeks Ended October 31, November 2, October 31, November 2, Weighted-average common shares outstanding 65.2 82.1 64.9 94.8 Dilutive effect of stock options and restricted stock awards — — — — Weighted-average diluted common shares outstanding 65.2 82.1 64.9 94.8 Anti-dilutive stock options and restricted stock awards 4.7 2.3 4.7 2.3

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
	Oct. 31, 2020
Segment Reporting [Abstract]
Sales by Segment	Segment information for the 13 and 39 weeks ended October 31, 2020 and November 2, 2019 is as follows (in millions): United Canada Australia Europe Consolidated 13 weeks ended October 31, 2020 Net sales $ 664.5 $ 55.9 $ 111.2 $ 173.1 $ 1,004.7 Operating (loss) earnings (66.8) 7.1 10.1 (13.4) (63.0) 13 weeks ended November 2, 2019 Net sales $ 987.5 $ 79.8 $ 117.0 $ 254.2 $ 1,438.5 Operating loss (24.2) (3.9) (0.2) (17.3) (45.6) United Canada Australia Europe Consolidated 39 weeks ended October 31, 2020 Net sales $ 2,009.3 $ 137.5 $ 373.9 $ 447.0 $ 2,967.7 Operating (loss) earnings (189.6) (3.0) 21.2 (85.2) (256.6) 39 weeks ended November 2, 2019 Net sales $ 3,010.7 $ 215.4 $ 339.8 $ 706.0 $ 4,271.9 Operating loss (386.1) (16.3) (10.6) (61.8) (474.8)

General Information - The Compa

General Information - The Company (Details)	9 Months Ended
	Oct. 31, 2020countrysegmentstore
Accounting Policies [Abstract]
Number of stores | store	5,000
Number of countries in which the entity operates | country	10
Number of reportable segments | segment	4

General Information - Reclassif

General Information - Reclassifications (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019	Feb. 01, 2020
Reclassifications
Accounts payable and accrued liabilities			$ 78.9	$ (488.4)
Other			2.6	3.1
Depreciation and amortization (including amounts in cost of sales)			61.1	70.1
Selling, general and administrative expenses	$ 360.4	$ 475.4	1,095.1	1,411
Asset impairments		3.6	1	3.6
Restricted cash	140.7	0.3	140.7	0.3	$ 0.3
Prepaid expenses and other current assets	126.7	127.3	126.7	127.3	120.6
Long-term restricted cash	16	13.8	16	13.8	13.8
Other noncurrent assets	$ 44.6	65.7	$ 44.6	65.7	46.3
Reclassification
Reclassifications
Accounts payable and accrued liabilities				16.2
Other				(16.2)
Depreciation and amortization (including amounts in cost of sales)		(23.6)		(69.3)
Selling, general and administrative expenses		23.6		(69.3)
Asset impairments		(11.3)		(11.3)
Goodwill impairments				(363.9)
Restricted cash		0.3		0.3	0.3
Prepaid expenses and other current assets		(0.3)		(0.3)	(0.3)
Long-term restricted cash		13.8		13.8	13.8
Other noncurrent assets		$ (13.8)		$ (13.8)	$ (13.8)

General Information - Unvested

General Information - Unvested Restricted Stock and Shares Issued and Outstanding (Details) - shares shares in Millions	9 Months Ended
	Oct. 31, 2020	Feb. 01, 2020	Nov. 02, 2019
General Information [Line Items]
Vesting period	3 years
Common Class A
General Information [Line Items]
Unvested shares of restricted stock (in shares)	4.6	3.4	3.4
Common stock and unvested shares of restricted stock (in shares)	69.8	67.7	71.3

General Information - Restricte

General Information - Restricted Cash (Details) - USD ($) $ in Millions	Oct. 31, 2020	Feb. 01, 2020	Nov. 02, 2019	Feb. 02, 2019
Accounting Policies [Abstract]
Restricted cash and cash equivalents	$ 156.7	$ 14.1	$ 14.1
Cash and cash equivalents	445.9	499.4	290.3
Restricted cash	140.7	0.3	0.3
Long-term restricted cash	16	13.8	13.8
Total cash, cash equivalents and restricted cash in the statements of cash flows	$ 602.6	$ 513.5	$ 304.4	$ 1,640.5

General Information - Assets He

General Information - Assets Held-for-Sale (Details) - USD ($)	Jun. 05, 2020	Aug. 01, 2020	Oct. 31, 2020	Nov. 02, 2019	Feb. 01, 2020
Accounting Policies [Abstract]
Assets held for sale				$ 12,800,000	$ 11,800,000
Impairment charges from assets held for sale			$ 3,200,000	$ 7,700,000
Proceeds from sale of property held-for-sale	$ 8,600,000	$ 8,600,000
Gain (loss) on sale of aircraft	$ 0

General Information - Property

General Information - Property and Equipment, Net (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019	Feb. 01, 2020
Accounting Policies [Abstract]
Accumulated depreciation	$ 1,230.4	$ 1,175.3	$ 1,230.4	$ 1,190.1
Impairment losses from property and equipment	$ 3.6	$ 1	$ 3.6

General Information - Share Rep

General Information - Share Repurchases (Details) - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Nov. 02, 2019	Aug. 03, 2019
Share Repurchases [Line Items]
Repurchase of common shares (in shares)	22.6	12
Repurchase of common shares	$ 115.7	$ 62.9
Other Current Liabilities
Share Repurchases [Line Items]
Repurchase of common shares (in shares)	0.3
Repurchase of common shares	$ 1.7

General Information - Discontin

General Information - Discontinued Operations and Dispositions (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended		12 Months Ended
	Oct. 31, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019	Feb. 01, 2020
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Loss on divestitures			$ 0	$ (1.3)
Simply Mac | Disposal Group, Disposed of by Sale, Not Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Disposal group, including discontinued operation, consideration		$ 12.9		12.9
Loss on divestitures		1.3			$ 9.1
Simply Mac | Disposal Group, Disposed of by Sale, Not Discontinued Operations | Cash
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Disposal group, including discontinued operation, consideration		5.2		5.2
Simply Mac | Disposal Group, Disposed of by Sale, Not Discontinued Operations | Notes Receivable
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Disposal group, including discontinued operation, consideration		7.7		7.7	$ 7.7
Spring Mobile | Discontinued Operations, Disposed of by Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Selling, general and administrative expenses	$ 0	$ 0.2	1.2	3.2
Income tax benefit			$ 0.3	$ 0.6

COVID-19 Impacts (Details)

COVID-19 Impacts (Details) € in Millions, $ in Millions	Jun. 05, 2020USD ($)	Sep. 09, 2020	Oct. 31, 2020USD ($)	Oct. 31, 2020EUR (€)	Aug. 01, 2020USD ($)	Aug. 01, 2020EUR (€)	Jun. 30, 2020	Oct. 31, 2020USD ($)	Nov. 02, 2019USD ($)	Nov. 10, 2020USD ($)	Feb. 01, 2020USD ($)
Debt Instrument [Line Items]
Stores open globally, percentage							98.00%
Incremental wages to help offset lost wages due to store closures and protective equipment								$ 23.3
Impairment losses from store closures								1.6	$ 3.6
Impairment charges from assets held for sale								3.2	7.7
Proceeds from assets held for sale, net of costs to sell	$ 8.6				$ 8.6
Valuation allowance recorded								187.9
Cash and cash equivalents			$ 445.9					$ 445.9	$ 290.3		$ 499.4
Percentage of 6.75% notes due in 2021 exchanged for 10.0% notes due in 2023								52.00%
Received rent concessions			9.7					$ 18.8
Line of Credit | Revolving Credit Facility
Debt Instrument [Line Items]
Total availability under the revolver			$ 175.4					175.4
French Term Loans and Credit Facility | Unsecured Debt
Debt Instrument [Line Items]
Debt issued | €				€ 20		€ 20
Percent guaranteed by French government			90.00%	90.00%
Revolving credit facility expiring November 2022 | Line of Credit | Revolving Credit Facility
Debt Instrument [Line Items]
Total availability under the revolver			$ 152.1					$ 152.1
Senior Notes 6.75% due 2021 | Subsequent Event
Debt Instrument [Line Items]
Aggregate principal to be redeemed										$ 125
Australia
Debt Instrument [Line Items]
Temporary store closed, percentage		15.00%

Revenue - Sales and Percentage

Revenue - Sales and Percentage of Total Net Sales by Significant Product Category (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019
Disaggregation of Revenue [Line Items]
Net sales	$ 1,004.7	$ 1,438.5	$ 2,967.7	$ 4,271.9
Hardware and accessories
Disaggregation of Revenue [Line Items]
Net sales	413.4	546	1,368.1	1,757.4
Software
Disaggregation of Revenue [Line Items]
Net sales	444.4	730.6	1,247.9	2,022
Collectibles
Disaggregation of Revenue [Line Items]
Net sales	$ 146.9	$ 161.9	$ 351.7	$ 492.5

Revenue - Narrative (Details)

Revenue - Narrative (Details) - USD ($) $ in Millions	9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019
Minimum
Disaggregation of Revenue [Line Items]
Extended warranty term	12 months
Maximum
Disaggregation of Revenue [Line Items]
Extended warranty term	24 months
Customer Liabilities
Disaggregation of Revenue [Line Items]
Deferred credits	$ 326.2	$ 250.5
Extended Warranties
Disaggregation of Revenue [Line Items]
Deferred credits	47.7	58.9
Magazine Subscriptions
Disaggregation of Revenue [Line Items]
Deferred credits	$ 30.7	$ 39.2

Revenue - Change In Contract Li

Revenue - Change In Contract Liabilities (Details) - USD ($) $ in Millions	9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019
Contract With Customer, Contract Liabilities [Roll Forward]
Contract liability beginning balance	$ 339.2	$ 376.9
Increase to contract liabilities	562.2	677.1
Decrease to contract liabilities	(496.5)	(705)
Other adjustments	(0.3)	(0.4)
Contract liability ending balance	404.6	348.6
Gift Card Trade In Credits
Contract With Customer, Contract Liabilities [Roll Forward]
Revenue recognized	$ 36.6	$ 47.3

Fair Value Measurements and F_3

Fair Value Measurements and Financial Instruments - Fair Value of Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - Fair Value, Inputs, Level 2 - Fair Value, Measurements, Recurring - USD ($) $ in Millions	Oct. 31, 2020	Feb. 01, 2020	Nov. 02, 2019
Assets
Foreign currency contracts	$ 1.3	$ 1.4	$ 1.2
Company-owned life insurance	3.2	4.1	16.2
Total assets	4.5	5.5	17.4
Liabilities
Foreign currency contracts	3.2	0.3	0.5
Nonqualified deferred compensation	1	1	0.8
Total liabilities	$ 4.2	$ 1.3	$ 1.3

Fair Value Measurements and F_4

Fair Value Measurements and Financial Instruments - Narrative (Details) - USD ($) $ in Millions	9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019	Jun. 05, 2020	Jun. 04, 2020	Feb. 01, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Notional value of foreign currency derivatives gross	$ 262.3	$ 147.1			$ 144.6
Impairment losses from store closures	1.6	3.6
Fair value of store-level assets	0
Impairment charges from assets held for sale	3.2	7.7
Assets held-for-sale	0	12.8		$ 8.6	11.8
Long-term debt	$ 485.5	$ 419.4			$ 419.8
Unsecured Debt | Senior Notes 6.75% due 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate	6.75%
Long-term debt	$ 197.9
Senior Notes | Senior Notes 6.75% due 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate			6.75%
Senior Notes | Senior Notes 10.00% due 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate	10.00%		10.00%
Long-term debt	$ 216
Fair Value, Inputs, Level 2 | Unsecured Debt | Senior Notes 6.75% due 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of debt	197.9
Fair Value, Inputs, Level 2 | Senior Notes | Senior Notes 10.00% due 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of debt	$ 216.4

Fair Value Measurements and F_5

Fair Value Measurements and Financial Instruments - Gains and Losses on Derivative Instruments and Foreign Currency Transaction (Detail) - Selling, General and Administrative Expense - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019
Fair Value Derivative Contract Assets and Liabilities Measured On Recurring Basis Gain Loss Included In Earnings [Line Items]
Gains (losses) on the changes in fair value of derivative instruments	$ 0.6	$ 0.4	$ (4.6)	$ 3.2
(Losses) gains on the re-measurement of related intercompany loans and third-party accounts payable denominated in foreign currencies	(0.5)	0.1	4.7	(2.7)
Net gains	$ 0.1	$ 0.5	$ 0.1	$ 0.5

Leases - Narrative (Details)

Leases - Narrative (Details) $ in Millions	1 Months Ended			2 Months Ended	3 Months Ended		9 Months Ended
	Sep. 30, 2020USD ($)	Aug. 31, 2020USD ($)	Jul. 31, 2020USD ($)	Sep. 30, 2020USD ($)	Oct. 31, 2020USD ($)	Nov. 02, 2019USD ($)	Oct. 31, 2020USD ($)segment	Nov. 02, 2019USD ($)
Lessee, Lease, Description [Line Items]
Proceeds from sale of property and equipment							$ 95.5	$ 0
Gain on sale of assets			$ 11.3	$ 21.1	$ 21.1	$ 0	32.4	0
Sale leaseback, provide letter of credit to the buyer-lessor from closing date, period			18 months
Reduction in purchase price from deferred issuance of letter of credit			$ 2.8
Cash outflows							193.7	223
ROU assets obtained in exchange for operating lease obligations							82.2	$ 147.3
Impairment charges							$ 0.6
Australian Headquarters In Eagle Farm, Queensland
Lessee, Lease, Description [Line Items]
Sale leaseback, lease terms		10 years
Sale and leaseback transaction, gain (loss), net		$ 27
Sale leaseback transaction, initial annual rent		$ 1.7
Canadian Headquarters In Brampton, Ontario [Member]
Lessee, Lease, Description [Line Items]
Sale leaseback, lease terms	5 years
Sale and leaseback transaction, gain (loss), net	$ 16.7
Sale leaseback transaction, initial annual rent	$ 0.9
Corporate Headquarters
Lessee, Lease, Description [Line Items]
Proceeds from sale of property and equipment			28.5
Sale leaseback, lease terms							10 years
Number of renewal periods | segment							3
Lessee, operating lease, renewal term					5 years		5 years
Annual rent			$ 1.7
Annual base rent percent increase			2.25%
Office Space and Refurbishment Center
Lessee, Lease, Description [Line Items]
Proceeds from sale of property and equipment			$ 15.2
Sale leaseback, lease terms							2 years
Annual rent			$ 1.3

Leases - Rent Expense and Other

Leases - Rent Expense and Other Cost Information (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019	Feb. 01, 2020
Leases [Abstract]
Operating lease cost	$ 73.4	$ 86.6	$ 233.7	$ 257.8
Variable lease cost	20.2	23.1	60.3	72.2
Total rent expense	$ 93.6	$ 109.7	$ 294	$ 330
Weighted-average remaining lease term (years)	4 years 6 months	4 years 6 months	4 years 6 months	4 years 6 months	4 years 8 months 12 days
Weighted-average discount rate	5.10%	4.40%	5.10%	4.40%	4.10%

Leases - Minimum Lease Obligati

Leases - Minimum Lease Obligations for Operating Lease Liabilities (ASC 842) (Details) - USD ($) $ in Millions	Oct. 31, 2020	Feb. 01, 2020	Nov. 02, 2019
Leases [Abstract]
Remainder of Fiscal Year 2020, as of October 31, 2020	$ 71.8
Fiscal Year 2021	217.2
Fiscal Year 2022	150.4
Fiscal Year 2023	103.3
Fiscal Year 2024	73.2
Thereafter	126.6
Total remaining lease payments	742.5
Less: Interest	(72.9)
Present value of lease liabilities	669.6
Current portion of operating lease liabilities	212.9	$ 239.4	$ 238.5
Operating lease liabilities, long-term	$ 456.7	$ 529.3	$ 516.5

Debt - Schedule of Debt (Detail

Debt - Schedule of Debt (Details) - USD ($) $ in Millions	Oct. 31, 2020	Jul. 06, 2020	Feb. 01, 2020	Nov. 02, 2019
Debt Disclosure [Line Items]
Less: Senior Notes unamortized debt financing costs	$ (0.7)		$ (1.6)	$ (2)
Total debt, net	485.5		419.8	419.4
Less: short-term debt and current portion of long-term debt	(269.5)		0	0
Long-term debt, net	216		419.8	419.4
Senior Notes
Debt Disclosure [Line Items]
Less: Senior Notes unamortized debt financing costs	(0.5)
Revolving credit facility expiring November 2022 | Revolving Credit Facility | Line of Credit
Debt Disclosure [Line Items]
Principal amount	25		0	0
French term loans due June 2021 | Unsecured Debt
Debt Disclosure [Line Items]
French term loans due June 2021	23.3		0	0
French term loans due October 2021 | Unsecured Debt
Debt Disclosure [Line Items]
French term loans due June 2021	23.3		0	0
Senior Notes 6.75% due 2021 | Unsecured Debt
Debt Disclosure [Line Items]
Total debt, net	197.9
Senior Notes 6.75% due 2021 | Senior Notes
Debt Disclosure [Line Items]
Principal amount	198.2		421.4	421.4
Senior Notes 10.00% due 2023 | Senior Notes
Debt Disclosure [Line Items]
Principal amount	216.4	$ 216.4	$ 0	$ 0
Total debt, net	$ 216

Debt - Narrative (Details)

Debt - Narrative (Details) € in Millions	May 21, 2020USD ($)	May 02, 2020USD ($)	Nov. 20, 2017USD ($)	Aug. 31, 2020USD ($)	Oct. 31, 2020USD ($)	Nov. 02, 2019USD ($)	Aug. 03, 2019USD ($)	Oct. 31, 2020USD ($)loan	Nov. 02, 2019USD ($)	Nov. 10, 2020USD ($)	Oct. 31, 2020EUR (€)	Jul. 06, 2020USD ($)	Jun. 05, 2020	Feb. 01, 2020USD ($)	Mar. 31, 2016USD ($)
Debt Disclosure [Line Items]
Selling, general and administrative expenses					$ 360,400,000	$ 475,400,000		$ 1,095,100,000	$ 1,411,000,000
Unamortized deferred financing costs					700,000	2,000,000		700,000	2,000,000					$ 1,600,000
Amount retired						115,700,000	$ 62,900,000
Borrowings from the revolver								150,000,000	0
Repayments of revolver borrowings								125,000,000	0
Letters of credit outstanding					90,200,000			90,200,000
Senior Notes
Debt Disclosure [Line Items]
Selling, general and administrative expenses								7,400,000
Unamortized deferred financing costs					500,000			500,000
Debt repurchased					$ 6,800,000	$ 53,600,000		$ 6,800,000	$ 53,600,000
Amount retired	$ 6,300,000	$ 500,000
Senior Notes | Minimum
Debt Disclosure [Line Items]
Interest rate					71.50%	99.60%		71.50%	99.60%		71.50%
Senior Notes | Maximum
Debt Disclosure [Line Items]
Interest rate					79.10%	101.50%		79.10%	101.50%		79.10%
Line of Credit | Revolving Credit Facility
Debt Disclosure [Line Items]
Total availability under the revolver					$ 175,400,000			$ 175,400,000
Senior Notes 10.00% due 2023 | Senior Notes
Debt Disclosure [Line Items]
Principal amount					$ 216,400,000	$ 0		$ 216,400,000	$ 0			$ 216,400,000		0
Interest rate					10.00%			10.00%			10.00%		10.00%
Senior Notes 6.75% due 2021 | Subsequent Event
Debt Disclosure [Line Items]
Principal amount										$ 73,200,000
Aggregate principal to be redeemed										$ 125,000,000
Senior Notes 6.75% due 2021 | Senior Notes
Debt Disclosure [Line Items]
Principal amount					$ 198,200,000	421,400,000		$ 198,200,000	421,400,000					421,400,000
Interest rate													6.75%
Senior Notes 6.75% due 2021 | Unsecured Debt
Debt Disclosure [Line Items]
Interest rate					6.75%			6.75%			6.75%
Debt issued															$ 475,000,000
Debt issuance costs, gross															$ 8,100,000
Revolving credit facility expiring November 2022 | Letter of Credit
Debt Disclosure [Line Items]
Line of credit, maximum borrowing capacity				$ 100,000,000	$ 50,000,000			$ 50,000,000
Revolving credit facility expiring November 2022 | Revolving Credit Facility
Debt Disclosure [Line Items]
Line of credit, maximum borrowing capacity			$ 275,000,000
Commitment or the borrowing base, amount				$ 12,500,000	$ 30,000,000			$ 30,000,000
Lesser of the total commitment or the borrowing base, percentage				10.00%	10.00%			10.00%			10.00%
Fixed charge coverage ratio				1
Revolving credit facility expiring November 2022 | Line of Credit | Revolving Credit Facility
Debt Disclosure [Line Items]
Principal amount					$ 25,000,000	$ 0		$ 25,000,000	$ 0					$ 0
Line of credit, current borrowing capacity			420,000,000
Line of credit facility additional borrowing capacity			200,000,000
Line of credit, maximum borrowing capacity			100,000,000
Incremental first-in, last-out facility			$ 50,000,000
Line of credit facility, maximum borrowing capacity percentage			90.00%
Credit card receivables, percentage			90.00%
Expected percentage of borrowing capacity			92.50%
Threshold for revolver excess availability			20.00%
Threshold for revolver excess availability, period			6 months
Projected revolver usage percentage of the borrowing base during the prospective 12-month period, which is subject to meeting a fixed charge coverage ratio			15.00%
Projected revolver usage percentage of the borrowing base during the prospective 12-month period, which is subject to meeting a fixed charge coverage ratio, period			6 months
Fixed charge coverage ratio, period			12 months
Leverage ratio			1
Commitment or the borrowing base, amount			$ 12,500,000
Lesser of the total commitment or the borrowing base, percentage			10.00%
Fixed charge coverage ratio			1
Line of credit facility unused capacity commitment fee percentage			0.25%
Borrowings from the revolver								150,000,000
Repayments of revolver borrowings								125,000,000
Total availability under the revolver					152,100,000			152,100,000
Outstanding balance under revolving credit Facility					25,000,000			25,000,000
Letters of credit outstanding					$ 59,800,000			$ 59,800,000
Revolving credit facility expiring November 2022 | Prime Rate | Line of Credit | Revolving Credit Facility
Debt Disclosure [Line Items]
Applicable margin rate					0.25%			0.25%			0.25%
Revolving credit facility expiring November 2022 | Prime Rate | Line of Credit | Minimum | Revolving Credit Facility
Debt Disclosure [Line Items]
Interest rate margin			0.25%
Revolving credit facility expiring November 2022 | Prime Rate | Line of Credit | Maximum | Revolving Credit Facility
Debt Disclosure [Line Items]
Interest rate margin			0.50%
Revolving credit facility expiring November 2022 | Federal Funds Rate | Line of Credit | Revolving Credit Facility
Debt Disclosure [Line Items]
Percentage in addition to the effective rate			0.50%
Revolving credit facility expiring November 2022 | London Interbank Offered Rate (LIBOR) | Line of Credit | Revolving Credit Facility
Debt Disclosure [Line Items]
Percentage in addition to the effective rate			1.00%
Applicable margin rate					1.25%			1.25%			1.25%
Revolving credit facility expiring November 2022 | London Interbank Offered Rate (LIBOR) | Line of Credit | Minimum | Revolving Credit Facility
Debt Disclosure [Line Items]
Interest rate margin			1.25%
Revolving credit facility expiring November 2022 | London Interbank Offered Rate (LIBOR) | Line of Credit | Maximum | Revolving Credit Facility
Debt Disclosure [Line Items]
Interest rate margin			1.50%
Revolving Credit Facility Due November 2022, Permitted To Be Issued Separately | Letter of Credit
Debt Disclosure [Line Items]
Line of credit, maximum borrowing capacity					$ 25,000,000			$ 25,000,000
Revolving Credit Facility Due November 2022, Permitted To Be Issued By Borrowers And Guarantors | Letter of Credit
Debt Disclosure [Line Items]
Line of credit, maximum borrowing capacity			$ 150,000,000
Revolving Credit Facility Due November 2022, Permitted To Be Issued For Foreign Subsidiaries | Letter of Credit
Debt Disclosure [Line Items]
Line of credit, maximum borrowing capacity			$ 75,000,000
French Term Loans and Credit Facility | Unsecured Debt
Debt Disclosure [Line Items]
Interest rate					0.00%			0.00%			0.00%
Debt issued					$ 46,600,000			$ 46,600,000			€ 40
Number of separate unsecured term loans | loan								6
Debt instrument, term					5 years
Percent guaranteed by French government					90.00%
French Term Loans and Credit Facility | Line of Credit
Debt Disclosure [Line Items]
Line of credit, current borrowing capacity					$ 23,300,000			$ 23,300,000			€ 20
Applicable margin rate					1.50%			1.50%			1.50%
Outstanding balance under revolving credit Facility					$ 0			$ 0
French Term Loans and Credit Facility | Line of Credit | Minimum
Debt Disclosure [Line Items]
Short term loans obtain period								10 days
French Term Loans and Credit Facility | Line of Credit | Maximum
Debt Disclosure [Line Items]
Short term loans obtain period								93 days
French term loans due June 2021 | Unsecured Debt
Debt Disclosure [Line Items]
Debt issued | €											€ 20
Number of separate unsecured term loans | loan								3
French term loans due October 2021 | Unsecured Debt
Debt Disclosure [Line Items]
Debt issued | €											€ 20
Number of separate unsecured term loans | loan								3

Earnings Per Share - Reconcilia

Earnings Per Share - Reconciliation of Common Shares Used in Calculating Basic and Diluted Net Income (Loss) Per Common Share (Details) - shares shares in Millions	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019
Earnings Per Share [Abstract]
Weighted-average common shares outstanding (in shares)	65.2	82.1	64.9	94.8
Dilutive effect of stock options and restricted stock awards (in shares)	0	0	0	0
Weighted-average diluted common shares outstanding (in shares)	65.2	82.1	64.9	94.8
Anti-dilutive stock options and restricted stock awards (in shares)	4.7	2.3	4.7	2.3

Segment Information - Narrative

Segment Information - Narrative (Details) $ in Millions	3 Months Ended		9 Months Ended
	Oct. 31, 2020USD ($)countryLocation	Nov. 02, 2019USD ($)	Oct. 31, 2020USD ($)countrysegmentLocation	Nov. 02, 2019USD ($)
Segment Reporting Disclosure [Line Items]
Number of reportable segments | segment			4
Number of countries in which the entity operates | country	10		10
Net sales | $	$ 1,004.7	$ 1,438.5	$ 2,967.7	$ 4,271.9
Intersegment Eliminations
Segment Reporting Disclosure [Line Items]
Net sales | $	$ 0	$ 0	$ 0	$ 0
United States
Segment Reporting Disclosure [Line Items]
Number of states the entity operates | Location	50		50
Europe | Retail and e-commerce
Segment Reporting Disclosure [Line Items]
Number of countries in which the entity operates | Location	10		10

Segment Information - Sales by

Segment Information - Sales by Segment (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019
Segment Reporting Information [Line Items]
Net sales	$ 1,004.7	$ 1,438.5	$ 2,967.7	$ 4,271.9
Operating (loss) earnings	(63)	(45.6)	(256.6)	(474.8)
United States
Segment Reporting Information [Line Items]
Net sales	664.5	987.5	2,009.3	3,010.7
Operating (loss) earnings	(66.8)	(24.2)	(189.6)	(386.1)
Canada
Segment Reporting Information [Line Items]
Net sales	55.9	79.8	137.5	215.4
Operating (loss) earnings	7.1	(3.9)	(3)	(16.3)
Australia
Segment Reporting Information [Line Items]
Net sales	111.2	117	373.9	339.8
Operating (loss) earnings	10.1	(0.2)	21.2	(10.6)
Europe
Segment Reporting Information [Line Items]
Net sales	173.1	254.2	447	706
Operating (loss) earnings	$ (13.4)	$ (17.3)	$ (85.2)	$ (61.8)

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019
Income Tax Disclosure [Abstract]
Income tax (benefit) expense	$ (53.9)	$ 31.6	$ 14.4	$ (6.2)
Effective tax rate	74.10%	(61.20%)	(5.10%)	1.30%

Subsequent Events (Details)

Subsequent Events (Details) - Subsequent Event - Senior Notes 6.75% due 2021 $ in Millions	Nov. 10, 2020USD ($)
Subsequent Event [Line Items]
Aggregate principal to be redeemed	$ 125
Percent of aggregate principal redeemed	63.10%
Redemption price, percentage	100.00%
Debt instrument carrying amount	$ 73.2