Lands' End (LE) 10-Q 2 Jun 22 2022 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Apr. 29, 2022	May 27, 2022
Cover [Abstract]
Entity Registrant Name	Lands’ End, Inc.
Document Type	10-Q
Trading Symbol	LE
Current Fiscal Year End Date	--01-27
Entity Common Stock, Shares Outstanding		33,413,971
Amendment Flag	false
Entity Central Index Key	0000799288
Entity Filer Category	Accelerated Filer
Document Period End Date	Apr. 29, 2022
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q1
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Shell Company	false
Entity Small Business	false
Entity Emerging Growth Company	false
Security Exchange Name	NASDAQ
Entity File Number	001-09769
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	36-2512786
Entity Address, Address Line One	1 Lands’ End Lane
Entity Address, City or Town	Dodgeville
Entity Address, State or Province	WI
Entity Address, Postal Zip Code	53595
City Area Code	608
Local Phone Number	935-9341
Document Quarterly Report	true
Document Transition Report	false
Title of 12(b) Security	Common Stock, par value $0.01 per share

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Apr. 29, 2022	Apr. 30, 2021
Income Statement [Abstract]
Net revenue	$ 303,665	$ 321,297
Cost of sales (excluding depreciation and amortization)	174,490	173,560
Gross profit	129,175	147,737
Selling and administrative	115,693	125,522
Depreciation and amortization	9,584	9,904
Other operating expense, net		443
Operating income	3,898	11,868
Interest expense	8,169	9,060
Other (income), net	(161)	(167)
(Loss) income before income taxes	(4,110)	2,975
Income tax (benefit) expense	(1,739)	336
NET (LOSS) INCOME	$ (2,371)	$ 2,639
NET (LOSS) INCOME PER COMMON SHARE
Basic:	$ (0.07)	$ 0.08
Diluted:	$ (0.07)	$ 0.08
Basic weighted average common shares outstanding	33,163	32,769
Diluted weighted average common shares outstanding	33,163	33,712

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Operations - USD ($) $ in Thousands	3 Months Ended
	Apr. 29, 2022	Apr. 30, 2021
Statement Of Income And Comprehensive Income [Abstract]
NET (LOSS) INCOME	$ (2,371)	$ 2,639
Other comprehensive (loss) income, net of tax, foreign currency translation adjustments	(3,094)	311
COMPREHENSIVE (LOSS) INCOME	$ (5,465)	$ 2,950

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Apr. 29, 2022	Jan. 28, 2022	Apr. 30, 2021
Current assets
Cash and cash equivalents	$ 22,027	$ 34,301	$ 36,181
Restricted cash	2,145	1,834	2,327
Accounts receivable, net	52,134	49,668	41,350
Inventories, net	436,859	384,241	394,287
Prepaid expenses and other current assets	39,197	36,905	36,527
Total current assets	552,362	506,949	510,672
Property and equipment, net	127,430	129,791	139,991
Operating lease right-of-use asset	33,332	31,492	34,258
Goodwill	106,700	106,700	106,700
Intangible asset	257,000	257,000	257,000
Other assets	4,740	4,702	4,056
TOTAL ASSETS	1,081,564	1,036,634	1,052,677
Current liabilities
Current portion of long-term debt	13,750	13,750	13,750
Accounts payable	130,955	145,802	105,597
Lease liability – current	5,557	5,617	4,962
Other current liabilities	90,777	146,263	145,206
Total current liabilities	241,039	311,432	269,515
Long-term borrowings on ABL Facility	125,000		80,000
Long-term debt, net	231,703	234,474	242,790
Lease liability – long-term	34,855	32,731	36,693
Deferred tax liabilities	45,612	46,191	47,441
Other liabilities	4,950	5,110	6,085
TOTAL LIABILITIES	683,159	629,938	682,524
Commitments and contingencies
STOCKHOLDERS’ EQUITY
Common stock, par value $0.01 authorized: 480,000 shares; issued and outstanding: 33,413, 32,977 and 32,985, respectively	334	330	330
Additional paid-in capital	371,583	374,413	366,868
Retained earnings	42,224	44,595	13,865
Accumulated other comprehensive (loss)	(15,736)	(12,642)	(10,910)
TOTAL STOCKHOLDERS’ EQUITY	398,405	406,696	370,153
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 1,081,564	$ 1,036,634	$ 1,052,677

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Apr. 29, 2022	Jan. 28, 2022	Apr. 30, 2021
Statement Of Financial Position [Abstract]
Common stock, par value	$ 0.01	$ 0.01	$ 0.01
Common stock, shares authorized	480,000,000	480,000,000	480,000,000
Common stock, shares issued	33,413,000	32,985,000	32,977,000
Common stock, shares outstanding	33,413,000	32,985,000	32,977,000

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Apr. 29, 2022	Apr. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES
Net (loss) income	$ (2,371)	$ 2,639
Adjustments to reconcile net (loss) income to net cash used in operating activities:
Depreciation and amortization	9,584	9,904
Amortization of debt issuance costs	765	775
Loss on disposal of property and equipment		443
Stock-based compensation	1,484	2,513
Deferred income taxes	244	8
Other	(232)	276
Change in operating assets and liabilities:
Accounts receivable, net	(2,824)	(3,915)
Inventories, net	(56,320)	(11,932)
Accounts payable	(15,331)	(28,545)
Other operating assets	(2,862)	4,820
Other operating liabilities	(54,547)	(15,688)
Net cash used in operating activities	(122,410)	(38,702)
CASH FLOWS FROM INVESTING ACTIVITIES
Purchases of property and equipment	(6,965)	(4,942)
Net cash used in investing activities	(6,965)	(4,942)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from borrowings under ABL Facility	126,000	75,000
Payments of borrowings under ABL Facility	(1,000)	(20,000)
Payments on term loan	(3,438)	(3,438)
Payments for taxes related to net share settlement of equity awards	(4,310)	(5,013)
Payment of debt-issuance costs		(35)
Net cash provided by financing activities	117,252	46,514
Effects of exchange rate changes on cash, cash equivalents and restricted cash	160	(156)
NET (DECREASE) INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH	(11,963)	2,714
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, BEGINNING OF PERIOD	36,135	35,794
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, END OF PERIOD	24,172	38,508
SUPPLEMENTAL CASH FLOW DATA
Unpaid liability to acquire property and equipment	3,433	3,227
Income taxes paid, net of refunds	16	(5,152)
Interest paid	7,127	$ 7,911
Lease liabilities arising from obtaining operating lease right-of-use assets	$ 3,722

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Changes in Stockholders' Equity - USD ($) $ in Thousands	Total	Common Stock Issued	Additional Paid-In Capital	Retained Earnings	Accumulated Other Comprehensive (Loss)
Balance at Jan. 29, 2021	$ 369,703	$ 326	$ 369,372	$ 11,226	$ (11,221)
Balance, shares at Jan. 29, 2021		32,614,000
Net (loss) income	2,639			2,639
Cumulative translation adjustment, net of tax	311				311
Stock-based compensation expense	2,513		2,513
Vesting of restricted shares		$ 4	(4)
Vesting of restricted shares, shares		553,000
Common stock withheld related to net share settlement of equity awards	(5,013)		(5,013)
Common stock withheld related to net share settlement of equity awards, shares		(190,000)
Balance at Apr. 30, 2021	370,153	$ 330	366,868	13,865	(10,910)
Balance, shares at Apr. 30, 2021		32,977,000
Balance at Jan. 28, 2022	406,696	$ 330	374,413	44,595	(12,642)
Balance, shares at Jan. 28, 2022		32,985,000
Net (loss) income	(2,371)			(2,371)
Cumulative translation adjustment, net of tax	(3,094)				(3,094)
Stock-based compensation expense	1,484		1,484
Vesting of restricted shares		$ 4	(4)
Vesting of restricted shares, shares		660,000
Common stock withheld related to net share settlement of equity awards	(4,310)		(4,310)
Common stock withheld related to net share settlement of equity awards, shares		(232,000)
Balance at Apr. 29, 2022	$ 398,405	$ 334	$ 371,583	$ 42,224	$ (15,736)
Balance, shares at Apr. 29, 2022		33,413,000

Background and Basis of Present

Background and Basis of Presentation	3 Months Ended
	Apr. 29, 2022
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Background and Basis of Presentation	NOTE 1. BACKGROUND AND BASIS OF PRESENTATION Description of Business Lands’ End, Inc. (“Lands’ End” or the “Company”) is a leading uni-channel retailer of casual clothing, accessories, footwear and home products. Lands’ End offers products online at www.landsend.com www.landsend.com www.landsend.com Terms that are commonly used in the Company’s Notes to Condensed Consolidated Financial Statements are defined as follows: • ABL Facility – Asset-based senior secured credit agreement, providing for a revolving facility, dated as of November 16, 2017, with Wells Fargo Bank, N.A. and certain other lenders, as amended to date • Adjusted EBITDA – Net income (loss) appearing on the Condensed Consolidated Statements of Operations net of Income tax expense/(benefit), Interest expense, Depreciation and amortization and certain significant items • ASC – Financial Accounting Standards Board Accounting Standards Codification, which serves as the source for authoritative GAAP, as supplemented by rules and interpretive releases by the SEC which are also sources of authoritative GAAP for SEC registrants • Company Operated stores – Lands’ End retail stores in the Retail distribution channel • Debt Facilities – Collectively, the Term Loan Facility and ABL Facility • Deferred Awards – Time vesting stock awards • EPS – Earnings per share • First Quarter 2022 – The 13 weeks ended April 29, 2022 • First Quarter 2021 – The 13 weeks ended April 30, 2021 • First Quarter 2019 – The 13 weeks ended May 3, 2019 • GAAP – Accounting principles generally accepted in the United States • LIBOR – London inter-bank offered rate • Option Awards – Stock option awards • Performance Awards – Performance-based stock awards • SEC – United States Securities and Exchange Commission • Term Loan Facility – Term loan credit agreement, dated as of September 9, 2020, among the Company, Fortress Credit Corp., as Administrative Agent and Collateral Agent, and the lenders party thereto Basis of Presentation The Condensed Consolidated Financial Statements include the accounts of Lands’ End, Inc. and its subsidiaries. All intercompany transactions and balances have been eliminated. The accompanying unaudited Condensed Consolidated Financial Statements have been prepared in accordance with GAAP for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. In the opinion of management, all material adjustments which are of a normal and recurring nature necessary for a fair presentation of the results for the periods presented have been reflected. Dollar amounts are reported in thousands, except per share data, unless otherwise noted. Interim results are not necessarily indicative of results for a full year. The information included in this Form 10-Q should be read in conjunction with information included in the Lands’ End Annual Report on Form 10-K filed with the SEC on March 24, 2022.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	3 Months Ended
	Apr. 29, 2022
Accounting Changes And Error Corrections [Abstract]
Recent Accounting Pronouncements	NOTE 2. RECENT ACCOUNTING PRONOUNCEMENTS There were no new accounting standards adopted that had an impact on the Company’s financial statements during the 13 weeks ended April 29, 2022.

Earnings (Loss) Per Share

Earnings (Loss) Per Share	3 Months Ended
	Apr. 29, 2022
Earnings Per Share Basic And Diluted [Abstract]
Earnings (Loss) Per Share	NOTE 3. EARNINGS (LOSS) PER SHARE The numerator for both basic and diluted EPS is net income (loss). The denominator for basic EPS is based upon the number of weighted average shares of Lands’ End common stock outstanding during the reporting periods. The denominator for diluted EPS is based upon the number of weighted average shares of Lands’ End common stock and common stock equivalents outstanding during the reporting periods using the treasury stock method in accordance with GAAP. Potentially dilutive securities for the diluted EPS calculations consist of non-vested equity shares of common stock and in-the-money outstanding options where the current stock price exceeds the option strike price. The following table summarizes the components of basic and diluted EPS: 13 Weeks Ended (in thousands, except per share amounts) April 29, 2022 April 30, 2021 Net (loss) income $ (2,371 ) $ 2,639 Basic weighted average common shares outstanding 33,163 32,769 Dilutive effect of stock awards — 943 Diluted weighted average common shares outstanding 33,163 33,712 Basic (loss) earnings per share $ (0.07 ) $ 0.08 Diluted (loss) earnings per share $ (0.07 ) $ 0.08 Stock awards are considered anti-dilutive based on the application of the treasury stock method or in the event of a net loss. Anti-dilutive shares excluded from the diluted weighted average shares outstanding were 1,427,987 and 115,345 in the 13 weeks ended April 29, 2022 and April 30, 2021, respectively.

Other Comprehensive (Loss) Inco

Other Comprehensive (Loss) Income	3 Months Ended
	Apr. 29, 2022
Equity [Abstract]
Other Comprehensive (Loss) Income	NOTE 4. OTHER COMPREHENSIVE (LOSS) INCOME Other comprehensive (loss) income encompasses all changes in equity other than those arising from transactions with stockholders and is comprised solely of foreign currency translation adjustments. 13 Weeks Ended (in thousands) April 29, 2022 April 30, 2021 Beginning balance: Accumulated other comprehensive (loss) (net of tax of $3,361 and $2,987, respectively) $ (12,642 ) $ (11,221 ) Other comprehensive (loss) income: Foreign currency translation adjustments (net of tax of $823 and $(87), respectively) (3,094 ) 311 Ending balance: Accumulated other comprehensive (loss) (net of tax of $4,184 and $2,900, respectively) $ (15,736 ) $ (10,910 ) No amounts were reclassified out of Accumulated other comprehensive (loss) during any of the periods presented.

Debt

Debt	3 Months Ended
	Apr. 29, 2022
Debt Disclosure [Abstract]
Debt	NOTE 5. DEBT ABL Facility The Company’s $275.0 million revolving ABL Facility includes a $70.0 million sublimit for letters of credit and is available for working capital and other general corporate liquidity needs. On July 29, 2021, the Company executed the Third Amendment to the ABL Facility resulting in favorable financial terms and extension of the maturity date of the ABL Facility, as discussed below. The amount available to borrow is subject to the Loan Cap, as defined in the agreement, which considers the Borrowing Base calculated from eligible inventory, trade receivables and credit card receivables as defined in the agreement. The following table summarizes the Company’s borrowing availability, before consideration of the Loan Cap, under the ABL Facility: April 29, 2022 April 30, 2021 January 28, 2022 (in thousands) Amount Interest Rate Amount Interest Rate Amount Interest Rate ABL Facility maximum borrowing $ 275,000 $ 275,000 $ 275,000 Less: Outstanding borrowings 125,000 1.84% 80,000 2.75% — ―% Less: Outstanding letters of credit 14,619 16,920 23,521 Borrowing availability under ABL Facility $ 135,381 $ 178,080 $ 251,479 Long-Term Debt On September 9, 2020, the Company entered into the Term Loan Facility which provided borrowings of $275.0 million. Origination costs, including an Original Issue Discount (“OID”) of 3% and $5.1 million in debt origination fees, were paid in connection with entering into the Term Loan Facility. The OID and the debt origination fees are presented as a direct deduction from the carrying value of the Term Loan Facility and are amortized over the term of the loan to Interest expense in the Condensed Consolidated Statements of Operations. The Company’s long-term debt consisted of the following: April 29, 2022 April 30, 2021 January 28, 2022 (in thousands) Amount Interest Rate Amount Interest Rate Amount Interest Rate Term Loan Facility $ 254,375 10.76% $ 268,125 10.75% $ 257,813 10.75% Less: Current portion of long-term debt 13,750 13,750 13,750 Less: Unamortized debt issuance costs 8,922 11,585 9,589 Long-term debt, net $ 231,703 $ 242,790 $ 234,474 Interest; Fees The Third Amendment to the ABL Facility, effective July 31, 2021, lowered the applicable margin interest rates applicable to the referenced rate, selected at the borrower’s election, either (1) adjusted LIBOR or (2) a base rate which the greater of (a) the federal funds rate plus 0.50%, (b) the one month LIBOR rate plus 1.00%, or (c) the Wells Fargo “prime rate”. For all loans, the borrowing margin is based upon the average daily total loans outstanding for the previous quarter. The applicable borrowing margin for LIBOR loans is (i) less than $95.0 million, 1.25%, (ii) equal to or greater than $95.0 million but less than $180.0 million, 1.50%, and (iii) greater than or equal to $180.0 million, 1.75%. For base rate loans, the applicable borrowing margin is (i) less than $95.0 million for the previous quarter, 0.50%, (ii) equal to or greater than $95.0 million but less than $180.0 million, 0.75%, and (iii) greater than or equal to $180.0 million, 1.00%. The Third Amendment to the ABL Facility replaced the 0.75% LIBOR floor with a 0.00% LIBOR floor. The interest rates per annum applicable to the loans under the Term Loan Facility are based on a fluctuating rate of interest measured by reference to, at the borrower’s election, either (1) an adjusted LIBOR rate (with a minimum rate of 1.00%) plus 9.75%, or (2) an alternative base rate (which is the greater of (i) the prime rate published in the Wall Street Journal, (ii) the federal funds rate, which shall be no lower than 0.00% plus ½ of 1.00 The ABL Facility fees include (i) commitment fees of 0.25% based upon the average daily unused commitment (aggregate commitment less loans and letter of credit outstanding) under the ABL Facility for the preceding fiscal quarter and (ii) customary letter of credit fees. As of April 29, 2022, the Company had borrowings of $125.0 million on the ABL Facility. Customary agency fees are payable in respect of the Debt Facilities. Maturity; Amortization and Prepayments The Third Amendment to the ABL Facility extended the maturity from November 16, 2022 to the earlier of (a) July 29, 2026 and (b) June 9, 2025 if, on or prior to such date, the Term Loan Facility has not been refinanced, extended or repaid in full in accordance with the terms thereof and not replaced with other indebtedness. The Term Loan Facility matures on September 9, 2025 and amortizes at a rate equal to 1.25% per quarter. It is subject to mandatory prepayments in an amount equal to a percentage of the borrower’s excess cash flows in each fiscal year, ranging from 0% to 75% depending on the Company’s total leverage ratio, and with the proceeds of certain asset sales, casualty events and extraordinary receipts. The loan may not be voluntarily prepaid during the first two years of its term, without significant penalties. After the initial two-year period, a prepayment premium of 3% applies to voluntary prepayments and certain mandatory prepayments made after September 9, 2022 and on or prior to September 9, 2023, 1% for such prepayments made after September 9, 2023 and on or prior to September 9, 2024 and no premium on such prepayments thereafter. Guarantees; Security All obligations under the Debt Facilities are unconditionally guaranteed by Lands’ End, Inc. and, subject to certain exceptions, each of its existing and future direct and indirect subsidiaries. The ABL Facility is secured by a first priority security interest in certain working capital of the borrowers and guarantors consisting primarily of accounts receivable and inventory. The Term Loan Facility is secured by a second priority security interest in the same collateral with certain exceptions. The Term Loan Facility is secured by a first priority security interest in certain property and assets of the borrowers and guarantors, including certain fixed assets such as real estate, stock of the subsidiaries and intellectual property, in each case, subject to certain exceptions. The ABL Facility is secured by a second priority interest in the same collateral, with certain exceptions. Representations and Warranties; Covenants Subject to specified exceptions, the Debt Facilities contain various representations and warranties, and restrictive covenants that, among other things, restrict Lands’ End, Inc.’s and its subsidiaries’ ability to incur indebtedness (including guarantees), grant liens, make investments, make dividends or distributions with respect to capital stock, make prepayments on other indebtedness, engage in mergers or change the nature of their business. The Term Loan Facility contains certain financial covenants, including a quarterly maximum total leverage ratio test, a weekly minimum liquidity test and an annual maximum capital expenditure amount. Under the ABL Facility, if excess availability falls below the greater of 10% of the Loan Cap amount or $15.0 million, the Company will be required to comply with a minimum fixed charge coverage ratio of 1.0 to 1.0. The Debt Facilities contain certain affirmative covenants, including reporting requirements such as delivery of financial statements, certificates and notices of certain events, maintaining insurance, and providing additional guarantees and collateral in certain circumstances. As of April 29, 2022, the Company was in compliance with its financial covenants in the Debt Facilities. Events of Default The Debt Facilities include customary events of default including non-payment of principal, interest or fees, violation of covenants, inaccuracy of representations or warranties, cross defaults related to certain other material indebtedness, bankruptcy and insolvency events, invalidity or impairment of guarantees or security interests, and material judgments and change of control.

Stock-Based Compensation

Stock-Based Compensation	3 Months Ended
	Apr. 29, 2022
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Stock-Based Compensation	NOTE 6. STOCK-BASED COMPENSATION The Company expenses the fair value of all stock awards over their respective vesting periods, ensuring that the amount of cumulative stock-based compensation expense recognized at any date is at least equal to the portion of the grant-date fair value of the award that is vested at that date. The Company has elected to adjust stock-based compensation expense for an estimated forfeiture rate for those shares not expected to vest and to recognize stock-based compensation expense on a straight-line basis for awards that only have a service requirement with multiple vest dates. The Company has granted the following types of stock awards to employees at management levels and above, each of which are granted under the Company’s stockholder approved stock plans, other than inducement grants outside of the Company’s stockholder approved stock plans in accordance with NASDAQ Listing Rule 5635(c)(4): • Deferred Awards are in the form of restricted stock units and only require each recipient to complete a service period for the awards to be earned. Deferred Awards generally vest over three years. The fair value of Deferred Awards is based on the closing price of the Company's common stock on the grant date. Stock-based compensation expense is recognized ratably over the service period and is reduced for estimated forfeitures of those awards not expected to vest due to employee turnover. • Performance Awards are in the form of restricted stock units and have, in addition to a service requirement, performance criteria that must be achieved for the awards to be earned. For Performance Awards granted, the Target Shares earned can range from 50% to 200% once minimum thresholds have been reached and depend on the achievement of Adjusted EBITDA and revenue performance measures for the cumulative period comprised of three-consecutive fiscal years beginning with the fiscal year of the grant date. The applicable percentage of the Target Shares, as determined by performance, vest after the completion of the applicable three-year • Option Awards provide the recipient with the option to purchase a set number of shares at a stated exercise price over the term of the contract, which is ten years for all Option Awards currently outstanding. Options are granted with a strike price equal to the stock price on the date of grant and vest ratably over a four-year The following table provides a summary of the Company’s stock-based compensation expense, which is included in Selling and administrative expense in the Condensed Consolidated Statements of Operations: 13 Weeks Ended (in thousands) April 29, 2022 April 30, 2021 Deferred awards $ 1,555 $ 1,361 Performance awards (1) (71 ) 1,049 Option awards — 103 Total stock-based compensation expense $ 1,484 $ 2,513 (1) Net credit expense for the 13 weeks ended April 29, 2022 includes the reduction of the accrual for Performance Awards granted during First Quarter 2021 from 186% payout as of January 28, 2022 to 114% payout based on actual and projected results relative to performance measures. The following table provides a summary of the Deferred Awards activity for the 13 weeks ended April 29, 2022: Deferred Awards (in thousands, except per share amounts) Number of Shares Weighted Average Grant Date Fair Value per Share Unvested deferred awards as of January 28, 2022 913 $ 14.60 Granted 373 20.65 Vested (390 ) 14.13 Forfeited or expired — — Unvested deferred awards as of April 29, 2022 896 17.32 Total unrecognized stock-based compensation expense related to unvested Deferred Awards was approximately $11.9 million as of April 29, 2022, which is expected to be recognized ratably over a weighted average period of 2.4 years. Deferred Awards granted to employees during the 13 weeks ended April 29, 2022 vest ratably over a period of three years. The following table provides a summary of the Performance Awards activity for the 13 weeks ended April 29, 2022: Performance Awards (in thousands, except per share amounts) Number of Shares Weighted Average Grant Date Fair Value per Share Unvested performance awards as of January 28, 2022 436 $ 21.15 Granted (2) 248 20.65 Vested (270 ) 15.73 Forfeited or expired — — Unvested performance awards as of April 29, 2022 414 24.39 (2) Performance shares granted Total unrecognized stock-based compensation expense related to unvested Performance Awards was approximately $7.3 million as of April 29, 2022, which is expected to be recognized ratably over a weighted average period of 2.5 years. Performance Awards granted to employees during the 13 weeks ended April 29, 2022 vest, if earned, after completion of the applicable three-year There were no unvested Option Awards as of April 29, 2022. The Option Awards have a life of ten years and vested ratably over the first four years. As of April 29, 2022, 343,135 shares related to Option Awards were exercisable. No options have been exercised as of April 29, 2022

Other Current Liabilities

Other Current Liabilities	3 Months Ended
	Apr. 29, 2022
Other Liabilities Disclosure [Abstract]
Other Current Liabilities	NOTE 7. OTHER CURRENT LIABILITIES Other current liabilities consisted of the following: (in thousands) April 29, 2022 April 30, 2021 January 28, 2022 Deferred gift card revenue $ 32,015 $ 27,466 $ 33,070 Accrued employee compensation and benefits 19,313 31,499 58,833 Reserve for sales returns and allowances 15,583 18,664 23,421 Accrued taxes 9,794 30,930 11,999 Deferred revenue 6,074 25,374 8,560 Other 7,998 11,273 10,380 Total other current liabilities $ 90,777 $ 145,206 $ 146,263

Fair Value Measurements of Fina

Fair Value Measurements of Financial Assets and Liabilities	3 Months Ended
	Apr. 29, 2022
Fair Value Disclosures [Abstract]
Fair Value Measurements of Financial Assets and Liabilities	NOTE 8. FAIR VALUE MEASUREMENTS OF FINANCIAL ASSETS AND LIABILITIES Restricted cash is reflected on the Condensed Consolidated Balance Sheets at fair value. The fair value of restricted cash was $2.1 million, $2.3 million and $1.8 million as of April 29, 2022, April 30, 2021 and January 28, 2022, respectively, based on Level 1 inputs. Restricted cash amounts are valued based upon statements received from financial institutions. Carrying values and fair values of long-term debt, including current portion, in the Condensed Consolidated Balance Sheets are as follows: April 29, 2022 April 30, 2021 January 28, 2022 (in thousands) Carrying Amount Fair Value Carrying Amount Fair Value Carrying Amount Fair Value Long-term debt, including current portion $ 254,375 $ 245,139 $ 268,125 $ 265,410 $ 257,813 $ 256,439 Long-term debt, including current portion, was valued utilizing Level 3 valuation techniques based on a third-party valuation model to complete the analysis on April 29, 2022, April 30, 2021 and January 28, 2022. There were no nonfinancial assets or nonfinancial liabilities recognized at fair value on a nonrecurring basis as of April 29, 2022, April 30, 2021 and January 28, 2022.

Income Taxes

Income Taxes	3 Months Ended
	Apr. 29, 2022
Income Tax Disclosure [Abstract]
Income Taxes	NOTE 9. INCOME TAXES Provision for Income Taxes At the end of each quarter, the Company estimates its effective income tax rate pursuant to ASC 740. The rate for the period consists of the tax rate expected to be applied for the full year to ordinary income adjusted for any discrete items recorded in the period. The Company recorded a tax benefit at an overall effective tax rate of 42.3% for the 13 weeks ended April 29, 2022 and a tax expense at an overall effective tax rate of 11.3% for the 13 weeks ended April 30, 2021. The overall effective tax rates for the 13 weeks ended April 29, 2022 and the 13 weeks ended April 30, 2021 reflect a tax benefit as a result of stock-based compensation.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Apr. 29, 2022
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	NOTE 10. COMMITMENTS AND CONTINGENCIES Legal Proceedings The Company is party to various claims, legal proceedings and investigations arising in the ordinary course of business. Some of these actions involve complex factual and legal issues and are subject to uncertainties. At this time, the Company is not able to either predict the outcome of these legal proceedings or reasonably estimate a potential range of loss with respect to the proceedings. While it is not feasible to predict the outcome of such pending claims, proceedings and investigations with certainty, management is of the opinion that their ultimate resolution should not have a material adverse effect on results of operations, cash flows or financial position taken as a whole. As disclosed in the Company’s Annual Report on Form 10-K for the year ended January 28, 2022, the Company is the defendant in three separate lawsuits, each of which allege adverse health events and personal property damage as a result of wearing uniforms manufactured by Lands’ End: (1) Gilbert et al. v. Lands’ End, Inc ., United States District Court for the Western District of Wisconsin, Civil Action No. 3:19-cv-00823-JDP, complaint filed October 3, 2019; (2) Andrews et al. v. Lands’ End, Inc. , United States District Court for the Western District of Wisconsin, Civil Action No. 3:19-cv-01066-JDP, complaint filed on December 31, 2019, on behalf of 521 named plaintiffs, later amended to include 1,089 named plaintiffs; and (3) Davis et al. v. Lands’ End, Inc. and Lands’ End Business Outfitters, Inc. , United States District Court for the Western District of Wisconsin, Case No. 3:20-cv-00195, complaint filed on March 4, 2020. Plaintiffs in Gilbert, Andrews , and Davis seek nationwide class certification on behalf of similarly situated Delta employees . By order dated April 20, 2020, the Court consolidated the Gilbert Andrews Davis Plaintiffs in the Consolidated Wisconsin Action and Davis each assert that the damages sustained by the members of the proposed class exceed $5,000,000. Plaintiffs in each case seek damages for personal injuries, pain and suffering, severe emotional distress, financial or economic loss, including medical services and expenses, lost income and other compensable injuries. Plaintiffs in the Consolidated Wisconsin Action seek class certification with respect to performance of the uniforms and warranty claims and maintain individual claims for personal injury by numerous named plaintiffs. On August 18, 2021, the Court ruled on several pending motions in the Consolidated Wisconsin Action. The Court denied Plaintiffs’ motion for class certification with respect to performance of the uniforms and warranty claims. The Court denied Plaintiffs’ motion for partial summary judgment regarding crocking claims and granted Lands’ End’s motion for partial summary judgment related to certain warranty claims. In addition, giving effect to both the addition and voluntary dismissal of individual plaintiffs over the course of the litigation, the number of individual plaintiffs had been reduced from 1,089 to 603 as of August 18, 2021. On September 1, 2021, Plaintiffs filed a Rule 23(f) petition, seeking interlocutory review of the Court’s decision denying class certification. On September 22, 2021, the U.S. Court of Appeals for the Seventh Circuit denied plaintiffs’ petition. The Consolidated Wisconsin Action has several motions pending before the Court and continues to be in discovery. Lands’ End is vigorously defending these lawsuits and believes they are without merit.

Segment Reporting

Segment Reporting	3 Months Ended
	Apr. 29, 2022
Segment Reporting [Abstract]
Segment Reporting	NOTE 11. SEGMENT REPORTING The Company’s operating segments consist of: U.S. eCommerce, Europe eCommerce, Japan eCommerce, Outfitters, Third Party and Retail. The Company determined that each of the operating segments have similar economic and other qualitative characteristics, thus the results of the operating segments are aggregated into one reportable external segment. Lands’ End identifies five separate distribution channels for revenue reporting purposes: • U.S. eCommerce offers products through the Company’s eCommerce website. • International offers products primarily to consumers located in Europe and Japan through eCommerce international websites and third-party affiliates. • Outfitters sells uniform and logo apparel to businesses and their employees, as well as to student households through school relationships, located primarily in the U.S. • Third Party sells the same products as U.S. eCommerce but direct to consumers through third-party marketplace websites and through domestic wholesale customers. • Retail sells products through Company Operated stores. Net revenue is presented by distribution channel in the following table: 13 Weeks Ended (in thousands) April 29, 2022 April 30, 2021 Net revenue: U.S. eCommerce $ 174,893 $ 203,573 International 44,178 56,444 Outfitters 53,962 40,680 Third Party 21,642 11,804 Retail 8,990 8,796 Total Net revenue $ 303,665 $ 321,297

Revenue

Revenue	3 Months Ended
	Apr. 29, 2022
Revenue From Contract With Customer [Abstract]
Revenue	NOTE 12. REVENUE Revenue includes sales of merchandise and delivery revenue related to merchandise sold. Substantially all of the Company’s revenue is recognized when control of product passes to customers, which for the U.S. eCommerce, International, Outfitters and Third Party distribution channels is when the merchandise is received by the customer and for the Retail distribution channel is at the time of sale in the store. The Company recognizes revenue, including shipping and handling fees billed to customers, in the amount expected to be received when control of the Company's products transfers to customers, and is presented net of various forms of promotions, which range from contractually-fixed percentage price reductions to sales returns, discounts, and other incentives that may vary in amount. Variable amounts are estimated based on an analysis of historical experience and adjusted as better estimates become available. The Company’s revenue is disaggregated by distribution channel and geographic location. Revenue by distribution channel is presented in Note 11, Segment Reporting 13 Weeks Ended (in thousands) April 29, 2022 April 30, 2021 Net revenue: United States $ 255,274 $ 260,406 Europe 36,129 46,887 Asia 8,697 10,059 Other 3,565 3,945 Total Net revenue $ 303,665 $ 321,297 Contract Liabilities Contract liabilities consist of payments received in advance of the transfer of control to the customer. As products are delivered and control transfers, the Company recognizes the deferred revenue in Net revenue in the Condensed Consolidated Statements of Operations. The following table summarizes the deferred revenue associated with payments received in advance of the transfer of control to the customer, which is reported in Other current liabilities in the Condensed Consolidated Balance Sheets, as well as amounts recognized through Net revenue for each period presented. The majority of deferred revenue as of April 29, 2022 is expected to be recognized in Net revenue in the fiscal quarter ending July 29, 2022, as products are delivered to customers. 13 Weeks Ended (in thousands) April 29, 2022 April 30, 2021 Deferred revenue beginning of period $ 8,560 $ 17,187 Deferred revenue recognized in period (8,346 ) (16,973 ) Revenue deferred in period 5,860 25,160 Deferred revenue end of period $ 6,074 $ 25,374 Revenue from gift cards is recognized when (i) the gift card is redeemed by the customer for merchandise, or (ii) as gift card breakage, an estimate of gift cards which will not be redeemed where the Company does not have a legal obligation to remit the value of the unredeemed gift cards to the relevant jurisdictions. Gift card breakage is recorded within Net revenue in the Condensed Consolidated Statements of Operations. Prior to their redemption, gift cards are recorded as a liability and included within Other current liabilities in the Condensed Consolidated Balance Sheets. The liability is estimated based on expected breakage that considers historical patterns of redemption. The following table provides the reconciliation of the contract liability related to gift cards: 13 Weeks Ended (in thousands) April 29, 2022 April 30, 2021 Balance as of beginning of period $ 33,070 $ 26,798 Gift cards sold 14,628 11,047 Gift cards redeemed (15,468 ) (10,265 ) Gift card breakage (215 ) (114 ) Balance as of end of period $ 32,015 $ 27,466 Refund Liabilities Refund liabilities, primarily associated with product sales returns and retrospective volume rebates, represent variable consideration and are estimated and recorded as a reduction to Net revenue based on historical experience. As of April 29, 2022, April 30, 2021 and January 28, 2022, $15.6 million, $18.7 million and $23.4 million, respectively, of refund liabilities, primarily associated with product returns, were reported in Other current liabilities in the Condensed Consolidated Balance Sheets. An asset for product returns is recorded in Prepaid expenses and other current assets in the Condensed Consolidated Balance Sheets.

Recent Accounting Pronounceme_2

Recent Accounting Pronouncements (Policies)	3 Months Ended
	Apr. 29, 2022
Accounting Changes And Error Corrections [Abstract]
Recent Accounting Pronouncements	There were no new accounting standards adopted that had an impact on the Company’s financial statements during the 13 weeks ended April 29, 2022.

Earnings (Loss) Per Share (Tabl

Earnings (Loss) Per Share (Tables)	3 Months Ended
	Apr. 29, 2022
Earnings Per Share Basic And Diluted [Abstract]
Schedule of Components of Basic and Diluted EPS	The following table summarizes the components of basic and diluted EPS: 13 Weeks Ended (in thousands, except per share amounts) April 29, 2022 April 30, 2021 Net (loss) income $ (2,371 ) $ 2,639 Basic weighted average common shares outstanding 33,163 32,769 Dilutive effect of stock awards — 943 Diluted weighted average common shares outstanding 33,163 33,712 Basic (loss) earnings per share $ (0.07 ) $ 0.08 Diluted (loss) earnings per share $ (0.07 ) $ 0.08

Other Comprehensive (Loss) In_2

Other Comprehensive (Loss) Income (Tables)	3 Months Ended
	Apr. 29, 2022
Equity [Abstract]
Schedule of Other Comprehensive (Loss) Income	Other comprehensive (loss) income encompasses all changes in equity other than those arising from transactions with stockholders and is comprised solely of foreign currency translation adjustments. 13 Weeks Ended (in thousands) April 29, 2022 April 30, 2021 Beginning balance: Accumulated other comprehensive (loss) (net of tax of $3,361 and $2,987, respectively) $ (12,642 ) $ (11,221 ) Other comprehensive (loss) income: Foreign currency translation adjustments (net of tax of $823 and $(87), respectively) (3,094 ) 311 Ending balance: Accumulated other comprehensive (loss) (net of tax of $4,184 and $2,900, respectively) $ (15,736 ) $ (10,910 )

Debt (Tables)

Debt (Tables)	3 Months Ended
	Apr. 29, 2022
Debt Disclosure [Abstract]
Summary of Company's Borrowing Availability Under ABL Facility	The following table summarizes the Company’s borrowing availability, before consideration of the Loan Cap, under the ABL Facility: April 29, 2022 April 30, 2021 January 28, 2022 (in thousands) Amount Interest Rate Amount Interest Rate Amount Interest Rate ABL Facility maximum borrowing $ 275,000 $ 275,000 $ 275,000 Less: Outstanding borrowings 125,000 1.84% 80,000 2.75% — ―% Less: Outstanding letters of credit 14,619 16,920 23,521 Borrowing availability under ABL Facility $ 135,381 $ 178,080 $ 251,479
Schedule of Company's Long Term Debt	The Company’s long-term debt consisted of the following: April 29, 2022 April 30, 2021 January 28, 2022 (in thousands) Amount Interest Rate Amount Interest Rate Amount Interest Rate Term Loan Facility $ 254,375 10.76% $ 268,125 10.75% $ 257,813 10.75% Less: Current portion of long-term debt 13,750 13,750 13,750 Less: Unamortized debt issuance costs 8,922 11,585 9,589 Long-term debt, net $ 231,703 $ 242,790 $ 234,474

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	3 Months Ended
	Apr. 29, 2022
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Summary of Stock-Based Compensation Expense	The following table provides a summary of the Company’s stock-based compensation expense, which is included in Selling and administrative expense in the Condensed Consolidated Statements of Operations: 13 Weeks Ended (in thousands) April 29, 2022 April 30, 2021 Deferred awards $ 1,555 $ 1,361 Performance awards (1) (71 ) 1,049 Option awards — 103 Total stock-based compensation expense $ 1,484 $ 2,513 (1) Net credit expense for the 13 weeks ended April 29, 2022 includes the reduction of the accrual for Performance Awards granted during First Quarter 2021 from 186% payout as of January 28, 2022 to 114% payout based on actual and projected results relative to performance measures.
Summary of Deferred Awards Activity	The following table provides a summary of the Deferred Awards activity for the 13 weeks ended April 29, 2022: Deferred Awards (in thousands, except per share amounts) Number of Shares Weighted Average Grant Date Fair Value per Share Unvested deferred awards as of January 28, 2022 913 $ 14.60 Granted 373 20.65 Vested (390 ) 14.13 Forfeited or expired — — Unvested deferred awards as of April 29, 2022 896 17.32
Summary of Performance Awards Activity	The following table provides a summary of the Performance Awards activity for the 13 weeks ended April 29, 2022: Performance Awards (in thousands, except per share amounts) Number of Shares Weighted Average Grant Date Fair Value per Share Unvested performance awards as of January 28, 2022 436 $ 21.15 Granted (2) 248 20.65 Vested (270 ) 15.73 Forfeited or expired — — Unvested performance awards as of April 29, 2022 414 24.39 (2) Performance shares granted

Other Current Liabilities (Tabl

Other Current Liabilities (Tables)	3 Months Ended
	Apr. 29, 2022
Other Liabilities Disclosure [Abstract]
Summary of Other Current Liabilities	Other current liabilities consisted of the following: (in thousands) April 29, 2022 April 30, 2021 January 28, 2022 Deferred gift card revenue $ 32,015 $ 27,466 $ 33,070 Accrued employee compensation and benefits 19,313 31,499 58,833 Reserve for sales returns and allowances 15,583 18,664 23,421 Accrued taxes 9,794 30,930 11,999 Deferred revenue 6,074 25,374 8,560 Other 7,998 11,273 10,380 Total other current liabilities $ 90,777 $ 145,206 $ 146,263

Fair Value Measurements of Fi_2

Fair Value Measurements of Financial Assets and Liabilities (Tables)	3 Months Ended
	Apr. 29, 2022
Fair Value Disclosures [Abstract]
Schedule of Carrying Values and Fair Values of Long-term Debt, Including Current Portion	Carrying values and fair values of long-term debt, including current portion, in the Condensed Consolidated Balance Sheets are as follows: April 29, 2022 April 30, 2021 January 28, 2022 (in thousands) Carrying Amount Fair Value Carrying Amount Fair Value Carrying Amount Fair Value Long-term debt, including current portion $ 254,375 $ 245,139 $ 268,125 $ 265,410 $ 257,813 $ 256,439

Segment Reporting (Tables)

Segment Reporting (Tables)	3 Months Ended
	Apr. 29, 2022
Segment Reporting [Abstract]
Summary of Net Revenue by Distribution Channel	Net revenue is presented by distribution channel in the following table: 13 Weeks Ended (in thousands) April 29, 2022 April 30, 2021 Net revenue: U.S. eCommerce $ 174,893 $ 203,573 International 44,178 56,444 Outfitters 53,962 40,680 Third Party 21,642 11,804 Retail 8,990 8,796 Total Net revenue $ 303,665 $ 321,297

Revenue (Tables)

Revenue (Tables)	3 Months Ended
	Apr. 29, 2022
Revenue From Contract With Customer [Abstract]
Disaggregated of Revenue by Geographic Location	The Company’s revenue is disaggregated by distribution channel and geographic location. Revenue by distribution channel is presented in Note 11, Segment Reporting 13 Weeks Ended (in thousands) April 29, 2022 April 30, 2021 Net revenue: United States $ 255,274 $ 260,406 Europe 36,129 46,887 Asia 8,697 10,059 Other 3,565 3,945 Total Net revenue $ 303,665 $ 321,297
Summary of Deferred Revenue	The following table summarizes the deferred revenue associated with payments received in advance of the transfer of control to the customer, which is reported in Other current liabilities in the Condensed Consolidated Balance Sheets, as well as amounts recognized through Net revenue for each period presented. The majority of deferred revenue as of April 29, 2022 is expected to be recognized in Net revenue in the fiscal quarter ending July 29, 2022, as products are delivered to customers. 13 Weeks Ended (in thousands) April 29, 2022 April 30, 2021 Deferred revenue beginning of period $ 8,560 $ 17,187 Deferred revenue recognized in period (8,346 ) (16,973 ) Revenue deferred in period 5,860 25,160 Deferred revenue end of period $ 6,074 $ 25,374
Reconciliation of Gift Card Contract Liability	The following table provides the reconciliation of the contract liability related to gift cards: 13 Weeks Ended (in thousands) April 29, 2022 April 30, 2021 Balance as of beginning of period $ 33,070 $ 26,798 Gift cards sold 14,628 11,047 Gift cards redeemed (15,468 ) (10,265 ) Gift card breakage (215 ) (114 ) Balance as of end of period $ 32,015 $ 27,466

Earnings (Loss) Per Share - Sch

Earnings (Loss) Per Share - Schedule of Components of Basic and Diluted EPS (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Apr. 29, 2022	Apr. 30, 2021
Earnings Per Share Basic And Diluted [Abstract]
Net (loss) income	$ (2,371)	$ 2,639
Basic weighted average common shares outstanding	33,163	32,769
Dilutive effect of stock awards		943
Diluted weighted average common shares outstanding	33,163	33,712
Basic (loss) earnings per share	$ (0.07)	$ 0.08
Diluted (loss) earnings per share	$ (0.07)	$ 0.08

Earnings (Loss) Per Share - Add

Earnings (Loss) Per Share - Additional Information (Details) - shares	3 Months Ended
	Apr. 29, 2022	Apr. 30, 2021
Earnings Per Share Basic And Diluted [Abstract]
Anti-dilutive shares excluded from diluted weighted average shares outstanding	1,427,987	115,345

Other Comprehensive (Loss) In_3

Other Comprehensive (Loss) Income - Schedule of Other Comprehensive (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 29, 2022	Apr. 30, 2021
Equity [Abstract]
Beginning balance: Accumulated other comprehensive (loss) (net of tax of $3,361 and $2,987, respectively)	$ (12,642)	$ (11,221)
Other comprehensive (loss) income:
Other comprehensive (loss) income, net of tax, foreign currency translation adjustments	(3,094)	311
Ending balance: Accumulated other comprehensive (loss) (net of tax of $4,184 and $2,900, respectively)	$ (15,736)	$ (10,910)

Other Comprehensive (Loss) In_4

Other Comprehensive (Loss) Income - Schedule of Other Comprehensive (Loss) (Parenthetical) (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 29, 2022	Apr. 30, 2021	Jan. 28, 2022	Jan. 29, 2021
Equity [Abstract]
Accumulated other comprehensive loss, tax	$ 4,184	$ 2,900	$ 3,361	$ 2,987
Foreign currency translations adjustments, tax	$ 823	$ (87)

Other Comprehensive (Loss) In_5

Other Comprehensive (Loss) Income - Additional Information (Details) - USD ($)	3 Months Ended
	Apr. 29, 2022	Apr. 30, 2021
Equity [Abstract]
Amounts reclassified from accumulated other comprehensive (loss)	$ 0	$ 0

Debt - Additional Information (

Debt - Additional Information (Details)	Jul. 31, 2021	Jul. 28, 2021	Sep. 09, 2020USD ($)	Apr. 29, 2022USD ($)	Jan. 28, 2022USD ($)	Apr. 30, 2021USD ($)
ABL Facility
Line Of Credit Facility [Line Items]
Line of credit facility, maximum borrowing capacity				$ 275,000,000	$ 275,000,000	$ 275,000,000
Borrowing under facility				125,000,000		80,000,000
Line of credit facility, maturity date	Nov. 16, 2022
ABL Facility | Minimum
Line Of Credit Facility [Line Items]
Line of credit facility, maturity date	Jun. 9, 2025
ABL Facility | Maximum
Line Of Credit Facility [Line Items]
Line of credit facility, maturity date	Jul. 29, 2026
ABL Facility | Letter of Credit
Line Of Credit Facility [Line Items]
Line of credit facility, maximum borrowing capacity				70,000,000
ABL Facility | Secured Debt
Line Of Credit Facility [Line Items]
Line of credit facility, commencement date	Jul. 31, 2021
Line of credit facility, unused commitment fee percentage	0.25%
Borrowing under facility				$ 125,000,000
Line of credit facility, covenant terms, minimum percentage of loan cap amount				10.00%
Line of credit facility, covenant terms, minimum excess credit availability				$ 15,000,000
Line of credit facility, covenant terms, minimum fixed charge coverage ratio				1
ABL Facility | Secured Debt | LIBOR
Line Of Credit Facility [Line Items]
Variable rate spread on outstanding loans less than $95 million	1.25%
Variable rate spread on outstanding loans equal to or greater than $95 million but less than $180 million	1.50%
Variable rate spread on outstanding loans greater than or equal to $180 million	1.75%
Spread on variable rate	0.00%	0.75%
ABL Facility | Secured Debt | Base Rate
Line Of Credit Facility [Line Items]
Variable rate spread on outstanding loans less than $95 million	0.50%
Variable rate spread on outstanding loans equal to or greater than $95 million but less than $180 million	0.75%
Variable rate spread on outstanding loans greater than or equal to $180 million	1.00%
Term Loan Facility
Line Of Credit Facility [Line Items]
Secured debt			$ 275,000,000	$ 254,375,000	$ 257,813,000	$ 268,125,000
Debt origination fees			$ 5,100,000
Percentage of original issue discount			3.00%
Percentage of prepayment premium to voluntary prepayments and mandatory prepayments			3.00%
Prepayments premium 3% payment start date			Sep. 9, 2022
Prepayments premium 3% payment end date			Sep. 9, 2023
Percentage of prepayments made			1.00%
Prepayments 1% premium payment start date			Sep. 9, 2023
Prepayments 1% premium payment end date			Sep. 9, 2024
Term Loan Facility | Fortress Credit Corp
Line Of Credit Facility [Line Items]
Line of credit facility, amortization rate			1.25%
Term Loan Facility | Secured Debt | Minimum
Line Of Credit Facility [Line Items]
Federal funds rate				0.00%
Term Loan Facility | Secured Debt | Minimum | Fortress Credit Corp
Line Of Credit Facility [Line Items]
Mandatory prepayment terms, amount equal to borrowers' excess cash flows, percentage			0.00%
Term Loan Facility | Secured Debt | Maximum | Fortress Credit Corp
Line Of Credit Facility [Line Items]
Mandatory prepayment terms, amount equal to borrowers' excess cash flows, percentage			75.00%
Term Loan Facility | Secured Debt | Federal Funds Rate
Line Of Credit Facility [Line Items]
Spread on variable rate	0.50%			0.50%
Term Loan Facility | Secured Debt | One Month LIBOR
Line Of Credit Facility [Line Items]
Spread on variable rate	1.00%			1.00%
Term Loan Facility | Secured Debt | Adjusted LIBOR
Line Of Credit Facility [Line Items]
Spread on variable rate				9.75%
Minimum LIBOR rate				1.00%
Term Loan Facility | Secured Debt | Alternate Base Rate
Line Of Credit Facility [Line Items]
Spread on variable rate				8.75%

Debt - Summary of Company's Bor

Debt - Summary of Company's Borrowing Availability Under ABL Facility (Details) - ABL Facility - USD ($)	3 Months Ended
	Apr. 29, 2022	Apr. 30, 2021	Jan. 28, 2022
Line Of Credit Facility [Line Items]
ABL Facility maximum borrowing	$ 275,000,000	$ 275,000,000	$ 275,000,000
Less: Outstanding borrowings	125,000,000	80,000,000
Less: Outstanding letters of credit	14,619,000	16,920,000	23,521,000
Borrowing availability under ABL Facility	$ 135,381,000	$ 178,080,000	$ 251,479,000
Interest Rate	1.84%	2.75%

Debt - Schedule of Company's Lo

Debt - Schedule of Company's Long Term Debt (Details) - USD ($) $ in Thousands	Apr. 29, 2022	Jan. 28, 2022	Apr. 30, 2021	Sep. 09, 2020
Line Of Credit Facility [Line Items]
Less: Current portion of long-term debt	$ 13,750	$ 13,750	$ 13,750
Less: Unamortized debt issuance costs	8,922	9,589	11,585
Long-term debt, net	231,703	234,474	242,790
Term Loan Facility
Line Of Credit Facility [Line Items]
Secured debt	$ 254,375	$ 257,813	$ 268,125	$ 275,000
Debt instrument, interest rate, stated percentage	10.76%	10.75%	10.75%

Stock-Based Compensation - Addi

Stock-Based Compensation - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Apr. 29, 2022	Jan. 28, 2022
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Target shares earned	100.00%
Performance Awards vested	Mar. 25, 2022
Performance Awards vested percentage	118.00%
Awards Granted during First Quarter 2022
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Target shares earned	100.00%
Awards Granted during First Quarter 2021
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Target shares earned	114.00%	186.00%
Minimum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Target shares earned	50.00%
Maximum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Target shares earned	200.00%
Deferred Awards
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting period	3 years
Compensation expense not yet recognized	$ 11.9
Compensation expense not yet recognized, recognition period	2 years 4 months 24 days
Performance Awards
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting period	3 years
Compensation expense not yet recognized	$ 7.3
Compensation expense not yet recognized, recognition period	2 years 6 months
Performance awards period considered	3 years
Option Awards
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting period	4 years
Options awards expiration period	10 years
Unvested option awards	0
Options awards exercisable	343,135
Options exercised	0

Stock-Based Compensation - Summ

Stock-Based Compensation - Summary of Stock-Based Compensation Expense (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 29, 2022	Apr. 30, 2021
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation	$ 1,484	$ 2,513
Deferred Awards
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation	1,555	1,361
Performance Awards
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation	$ (71)	1,049
Option Awards
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation		$ 103

Stock-Based Compensation - Su_2

Stock-Based Compensation - Summary of Stock-Based Compensation Expense (Parenthetical) (Details)	3 Months Ended	12 Months Ended
	Apr. 29, 2022	Jan. 28, 2022
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Target shares earned	100.00%
Awards Granted during First Quarter 2021
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Target shares earned	114.00%	186.00%

Stock-Based Compensation - Su_3

Stock-Based Compensation - Summary of Deferred Awards Activity (Details) - Deferred Awards	3 Months Ended
	Apr. 29, 2022$ / sharesshares
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of Shares, Unvested deferred awards at beginning of year | shares	913,000
Number of Shares, Granted | shares	373,000
Number of Shares, Vested | shares	(390,000)
Number of Shares, Forfeited | shares	0
Number of Shares, Unvested deferred awards at end of quarter | shares	896,000
Weighted Average Grant Date Fair Value, Unvested deferred awards at beginning of year | $ / shares	$ 14.60
Weighted Average Grant Date Fair Value, Granted | $ / shares	20.65
Weighted Average Grant Date Fair Value, Vested | $ / shares	14.13
Weighted Average Grant Date Fair Value, Forfeited | $ / shares	0
Weighted Average Grant Date Fair Value, Unvested deferred awards at end of quarter | $ / shares	$ 17.32

Stock-Based Compensation - Su_4

Stock-Based Compensation - Summary of Performance Awards Activity (Details) - Performance Awards	3 Months Ended
	Apr. 29, 2022$ / sharesshares
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of Shares, Unvested deferred awards at beginning of year | shares	436,000
Number of Shares, Granted | shares	248,000
Number of Shares, Vested | shares	(270,000)
Number of Shares, Forfeited | shares	0
Number of Shares, Unvested deferred awards at end of quarter | shares	414,000
Weighted Average Grant Date Fair Value, Unvested deferred awards at beginning of year | $ / shares	$ 21.15
Weighted Average Grant Date Fair Value, Granted | $ / shares	20.65
Weighted Average Grant Date Fair Value, Vested | $ / shares	15.73
Weighted Average Grant Date Fair Value, Forfeited | $ / shares	0
Weighted Average Grant Date Fair Value, Unvested deferred awards at end of quarter | $ / shares	$ 24.39

Stock-Based Compensation - Su_5

Stock-Based Compensation - Summary of Performance Awards Activity (Parenthetical) (Details)	3 Months Ended
	Apr. 29, 2022
Performance Awards
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Performance shares target percentage	100.00%

Other Current Liabilities - Sum

Other Current Liabilities - Summary of Other Current Liabilities (Details) - USD ($) $ in Thousands	Apr. 29, 2022	Jan. 28, 2022	Apr. 30, 2021	Jan. 29, 2021
Other Liabilities Current [Abstract]
Deferred gift card revenue	$ 32,015	$ 33,070	$ 27,466	$ 26,798
Accrued employee compensation and benefits	19,313	58,833	31,499
Reserve for sales returns and allowances	15,583	23,421	18,664
Accrued taxes	9,794	11,999	30,930
Deferred revenue	6,074	8,560	25,374
Other	7,998	10,380	11,273
Total other current liabilities	$ 90,777	$ 146,263	$ 145,206

Fair Value Measurements of Fi_3

Fair Value Measurements of Financial Assets and Liabilities - Additional Information (Details) - USD ($)	Apr. 29, 2022	Jan. 28, 2022	Apr. 30, 2021
Nonrecurring
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Nonfinancial assets fair value disclosure	$ 0	$ 0	$ 0
Nonfinancial liabilities fair value disclosure	0	0	0
Fair Value | Level 1
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Restricted cash fair value	$ 2,100,000	$ 1,800,000	$ 2,300,000

Fair Value Measurements of Fi_4

Fair Value Measurements of Financial Assets and Liabilities - Schedule of Carrying Values and Fair Values of Long-term Debt, Including Current Portion (Details) - USD ($) $ in Thousands	Apr. 29, 2022	Jan. 28, 2022	Apr. 30, 2021
Carrying Amount
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt, including current portion	$ 254,375	$ 257,813	$ 268,125
Fair Value | Level 3
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt, including current portion	$ 245,139	$ 256,439	$ 265,410

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details)	3 Months Ended
	Apr. 29, 2022	Apr. 30, 2021
Income Tax Disclosure [Abstract]
Effective income tax expense (benefit), percentage	(42.30%)	11.30%

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Details) $ in Thousands	3 Months Ended
	Apr. 29, 2022USD ($)Lawsuit	Aug. 18, 2021Plaintiff	Mar. 04, 2020Plaintiff	Dec. 31, 2019Plaintiff
Loss Contingencies [Line Items]
Number of lawsuits | Lawsuit	3
Number of plaintiffs | Plaintiff		603	1,089	521
Minimum
Loss Contingencies [Line Items]
Damages sustained by proposed members | $	$ 5,000,000

Segment Reporting - Additional

Segment Reporting - Additional Information (Details)	3 Months Ended
	Apr. 29, 2022SegmentChannel
Segment Reporting [Abstract]
Number of reportable segments | Segment	1
Number of distribution channels for revenue reporting purposes | Channel	5

Segment Reporting - Summary of

Segment Reporting - Summary of Net Revenue by Distribution Channel (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 29, 2022	Apr. 30, 2021
Segment Reporting Information [Line Items]
Net revenue	$ 303,665	$ 321,297
US eCommerce
Segment Reporting Information [Line Items]
Net revenue	174,893	203,573
International
Segment Reporting Information [Line Items]
Net revenue	44,178	56,444
Outfitters
Segment Reporting Information [Line Items]
Net revenue	53,962	40,680
Third Party
Segment Reporting Information [Line Items]
Net revenue	21,642	11,804
Retail
Segment Reporting Information [Line Items]
Net revenue	$ 8,990	$ 8,796

Revenue - Disaggregated of Reve

Revenue - Disaggregated of Revenue by Geographic Location (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 29, 2022	Apr. 30, 2021
Disaggregation of Revenue [Line Items]
Net revenue	$ 303,665	$ 321,297
United States
Disaggregation of Revenue [Line Items]
Net revenue	255,274	260,406
Europe
Disaggregation of Revenue [Line Items]
Net revenue	36,129	46,887
Asia
Disaggregation of Revenue [Line Items]
Net revenue	8,697	10,059
Other Geographical Location
Disaggregation of Revenue [Line Items]
Net revenue	$ 3,565	$ 3,945

Revenue - Summary of Deferred R

Revenue - Summary of Deferred Revenue (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 29, 2022	Apr. 30, 2021
Revenue From Contract With Customer [Abstract]
Deferred revenue beginning of period	$ 8,560	$ 17,187
Deferred revenue recognized in period	(8,346)	(16,973)
Revenue deferred in period	5,860	25,160
Deferred revenue end of period	$ 6,074	$ 25,374

Revenue - Reconciliation of Gif

Revenue - Reconciliation of Gift Card Contract Liability (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 29, 2022	Apr. 30, 2021
Revenue From Contract With Customer [Abstract]
Balance as of beginning of period	$ 33,070	$ 26,798
Gift cards sold	14,628	11,047
Gift cards redeemed	(15,468)	(10,265)
Gift card breakage	(215)	(114)
Balance as of end of period	$ 32,015	$ 27,466

Revenue - Additional Informatio

Revenue - Additional Information (Details) - USD ($) $ in Millions	Oct. 29, 2021	Jan. 29, 2021	Oct. 30, 2020
Other Current Liabilities
Deferred Revenue Arrangement [Line Items]
Refund liability	$ 15.6	$ 23.4	$ 18.7