Tailored Brands (TLRD) 10-K8 Apr 202019 FY Annual reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information - USD ($) $ in Millions	12 Months Ended
Document and Entity Information - USD ($) $ in Millions	Feb. 01, 2020	Mar. 20, 2020	Aug. 03, 2019
Document Type	10-K
Document Annual Report	true
Document Transition Report	false
Document Period End Date	Feb. 1, 2020
Entity File Number	1-16097
Entity Registrant Name	TAILORED BRANDS, INC.
Entity Incorporation, State or Country Code	TX
Entity Tax Identification Number	47-4908760
Entity Address, Address Line One	6380 Rogerdale Road
Entity Address, City or Town	Houston
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	77072-1624
City Area Code	281
Local Phone Number	776-7000
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
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 Public Float			$ 230.8
Entity Common Stock, Shares Outstanding		48,573,132
Entity Central Index Key	0000884217
Current Fiscal Year End Date	--02-01
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	FY
Amendment Flag	false
Common Stock
Title of 12(b) Security	Common Stock, par value $.01 per share
Trading Symbol	TLRD
Security Exchange Name	NYSE
Preferred Stock Purchase Rights [Member]
Title of 12(b) Security	Preferred Stock Purchase Rights
No Trading Symbol Flag	true
Security Exchange Name	NYSE

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Feb. 01, 2020	Feb. 02, 2019
CURRENT ASSETS:
Cash and cash equivalents	$ 14,420	$ 32,671
Accounts receivable, net	39,973	34,686
Inventories	696,657	724,086
Assets held for sale	34,935
Other current assets	49,130	66,823
Current assets - discontinued operations		171,376
Total current assets	835,115	1,029,642
PROPERTY AND EQUIPMENT, AT COST:
Land	17,181	19,162
Buildings	149,942	151,071
Leasehold improvements	650,778	628,572
Furniture, fixtures and equipment	575,986	647,241
Property and Equipment, gross	1,393,887	1,446,046
Less accumulated depreciation and amortization	(998,075)	(1,021,730)
PROPERTY AND EQUIPMENT, net	395,812	424,316
OPERATING LEASE RIGHT-OF-USE ASSETS	880,291
RENTAL PRODUCT, net	92,897	99,770
GOODWILL	79,271	79,491
INTANGIBLE ASSETS, net	116,843	153,711
OTHER ASSETS	18,730	8,489
NON-CURRENT ASSETS - DISCONTINUED OPERATIONS		25,071
TOTAL ASSETS	2,418,959	1,820,490
CURRENT LIABILITIES:
Accounts payable	183,897	204,775
Accrued expenses and other current liabilities	246,110	268,698
Current portion of operating lease liabilities	186,304
Income taxes payable	3,416	13,478
Current portion of long-term debt	9,000	11,619
Current liabilities - discontinued operations		40,025
Total current liabilities	628,727	538,595
LONG-TERM DEBT, net	1,094,398	1,153,242
OPERATING LEASE LIABILITIES	726,327
DEFERRED TAXES, net AND OTHER LIABILITIES	67,813	119,545
NON-CURRENT LIABILITIES - DISCONTINUED OPERATIONS		5,477
Total liabilities	2,517,265	1,816,859
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS' (DEFICIT) EQUITY:
Preferred stock, $0.01 par value, 2,000,000 shares authorized, no shares issued
Common stock, $0.01 par value, 100,000,000 shares authorized, 48,573,132 and 50,180,832 shares issued	508	501
Capital in excess of par	514,397	505,157
Accumulated deficit	(568,697)	(468,048)
Accumulated other comprehensive loss	(34,514)	(33,979)
Treasury stock, 2,336,852 and 0 shares, at cost	(10,000)
Total shareholders' (deficit) equity	(98,306)	3,631
TOTAL LIABILITIES AND SHAREHOLDERS' (DEFICIT) EQUITY	$ 2,418,959	$ 1,820,490

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Feb. 01, 2020	Feb. 02, 2019
CONSOLIDATED BALANCE SHEETS
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized	2,000,000	2,000,000
Preferred stock, shares issued	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	50,909,984	50,180,832
Treasury stock, shares	2,336,852	0

CONSOLIDATED STATEMENTS OF (LOS

CONSOLIDATED STATEMENTS OF (LOSS) EARNINGS - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Net sales:
Total net sales	$ 2,881,261	$ 3,004,511	$ 3,053,021
Cost of sales:
Total cost of sales	1,712,649	1,693,903	1,711,593
Gross margin:
Retail clothing product	1,250,750	1,358,715	1,354,018
Rental services	326,771	339,903	358,382
Alteration and other services	7,046	18,027	45,009
Occupancy costs	(415,955)	(406,037)	(415,981)
Total gross margin	1,168,612	1,310,608	1,341,428
Advertising expense	159,052	165,248	172,001
Selling, general and administrative expenses	911,722	919,798	951,831
Goodwill impairment charge			1,500
Operating income	97,838	225,562	216,096
Interest income	523	563	564
Interest expense	(71,272)	(79,570)	(100,471)
(Loss) gain on extinguishment of debt, net	(77)	(30,253)	5,445
Earnings before income taxes	27,012	116,302	121,634
Provision for income taxes	1,645	17,706	34,617
Net earnings from continuing operations	25,367	98,596	87,017
(Loss) earnings from discontinued operations, net of tax	(107,643)	(15,356)	9,686
Net (loss) earnings	$ (82,276)	$ 83,240	$ 96,703
Net earnings from continuing operations per common share:
Basic (in dollars per share)	$ 0.51	$ 1.98	$ 1.77
Diluted (in dollars per share)	0.51	1.94	1.76
Net (loss) earnings from discontinued operations per common share:
Basic (in dollars per share)	(2.16)	(0.31)	0.20
Diluted (in dollars per share)	(2.16)	(0.30)	0.20
Net (loss) earnings per common share:
Basic (in dollars per share)	(1.65)	1.67	1.97
Diluted (in dollars per share)	$ (1.65)	$ 1.64	$ 1.95
Weighted-average common shares outstanding:
Basic (in shares)	49,774	49,856	49,094
Diluted (in shares)	49,929	50,725	49,468
Retail clothing product
Net sales:
Total net sales	$ 2,358,392	$ 2,454,747	$ 2,439,817
Cost of sales:
Total cost of sales	1,107,642	1,096,032	1,085,799
Rental services
Net sales:
Total net sales	383,521	399,146	428,355
Cost of sales:
Total cost of sales	56,750	59,243	69,973
Total alteration and other services
Net sales:
Total net sales	139,348	150,618	184,849
Cost of sales:
Total cost of sales	132,302	132,591	139,840
Occupancy costs
Cost of sales:
Total cost of sales	$ 415,955	$ 406,037	$ 415,981

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME
Net (loss) earnings	$ (82,276)	$ 83,240	$ 96,703
Currency translation adjustments, net of tax	(4,847)	(18,704)	29,089
Unrealized (loss) gain on cash flow hedges, net of tax	(22,054)
Unrealized (loss) gain on cash flow hedges, net of tax		(4,459)	227
Adjustment to minimum pension liability, net of tax	(519)	(34)	(15)
Release of cumulative foreign currency translation adjustment to loss from discontinued operations	26,885
Comprehensive (loss) income	$ (82,811)	$ 60,043	$ 126,004

CONSOLIDATED STATEMENTS OF SHAR

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (DEFICIT) - USD ($) $ in Thousands	Common Stock	Capital in Excess of Par	Accumulated Deficit	Accumulated Other Comprehensive Loss	Treasury Stock, at Cost	Total
Balance at the beginning of the year at Jan. 28, 2017	$ 487	$ 470,801	$ (538,823)	$ (40,083)		$ (107,618)
Net (loss) earnings			96,703			96,703
Other comprehensive (loss) income				29,301		29,301
Cash dividends			(37,046)			(37,046)
Share-based compensation		20,636				20,636
Common stock issued under share-based award plans and to stock discount plan	5	1,898				1,903
Tax payments related to vested deferred stock units		(1,687)				(1,687)
Balance at the end of the year at Feb. 03, 2018	492	491,648	(479,166)	(10,782)		2,192
Net (loss) earnings			83,240			83,240
Other comprehensive (loss) income				(23,197)		(23,197)
Cash dividends			(36,298)			(36,298)
Share-based compensation		14,770				14,770
Common stock issued under share-based award plans and to stock discount plan	9	6,640				6,649
Tax payments related to vested deferred stock units		(7,901)				(7,901)
Balance at the end of the year at Feb. 02, 2019	501	505,157	(468,048)	(33,979)		3,631
Cumulative adjustment upon ASC 842 adoption (see Note 17)			(35,824)			(35,824)
Net (loss) earnings			(82,276)			(82,276)
Other comprehensive (loss) income				(27,420)		(27,420)
Cash dividends			(17,971)			(17,971)
Release of cumulative foreign currency translation adjustment to loss from discontinued operations				26,885		26,885
Share-based compensation		8,902				8,902
Common stock issued under share-based award plans and to stock discount plan	7	1,554				1,561
Tax payments related to vested deferred stock units		(1,216)				(1,216)
Treasury stock repurchased - 2,336,852 shares					$ (10,000)	(10,000)
Balance at the end of the year at Feb. 01, 2020	$ 508	$ 514,397	(568,697)	$ (34,514)	$ (10,000)	(98,306)
Cumulative adjustment upon ASC 842 adoption (see Note 17)			$ (402)			$ (402)

CONSOLIDATED STATEMENTS OF SH_2

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (DEFICIT) (Parenthetical) - $ / shares	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (DEFICIT)
Cash dividends declared per common share (in dollars per share)	$ 0.36	$ 0.72	$ 0.72
Common stock issued (in shares)	729,152	892,976	504,156
Treasury stock repurchased (in shares)	2,336,852

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:
Net (loss) earnings	$ (82,276)	$ 83,240	$ 96,703
Adjustments to reconcile net (loss) earnings to net cash provided by operating activities:
Depreciation and amortization	107,174	104,216	106,493
Non-cash lease expense	194,529
Rental product amortization	34,289	35,058	38,021
Disposal Group, Including Discontinued Operation, Goodwill Impairment Loss		23,991
Goodwill impairment charge			1,500
Loss (gain) on extinguishment of debt, net	77	30,253	(5,445)
Amortization of deferred financing costs and discount on long-term debt	1,878	3,422	7,066
Loss on divestiture of business	83,513	3,766
Loss on release of cumulative foreign currency translation adjustment	26,885
Loss on disposition of assets	2,628	4,821	1,237
Asset impairment charges	3,404	1,026	3,547
Share-based compensation	8,902	14,770	20,636
Deferred tax benefit	(13,461)	(8,009)	(5,763)
Other	80	272	938
Changes in operating assets and liabilities:
Accounts receivable	3,161	2,264	(9,440)
Inventories	26,243	(4,482)	114,652
Rental product	(30,513)	(16,217)	(9,582)
Other assets	(20,015)	9,385	(5,956)
Accounts payable, accrued expenses and other current liabilities	(39,325)	43,706	(10,843)
Income taxes payable	(11,750)	9,993	4,650
Operating lease and other liabilities	(195,782)	(18,803)	2,354
Net cash provided by operating activities	99,641	322,672	350,768
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures	(88,502)	(82,286)	(94,958)
Proceeds from divestiture of business, net	45,034	17,755
Acquisition of business, net of cash			(457)
Proceeds from sales of property and equipment	311		5,480
Net cash used in investing activities	(43,157)	(64,531)	(89,935)
CASH FLOWS FROM FINANCING ACTIVITIES:
Payments on original term loan		(993,420)	(53,379)
Proceeds from new term loan		895,500
Payments on new term loan	(9,370)	(9,000)
Proceeds from asset-based revolving credit facility	1,333,000	655,500	276,300
Payments on asset-based revolving credit facility	(1,331,500)	(607,000)	(276,300)
Repurchase and retirement of senior notes	(54,425)	(199,365)	(145,371)
Deferred financing costs		(6,713)	(2,580)
Cash dividends paid	(28,071)	(36,946)	(35,761)
Proceeds from issuance of common stock	1,561	6,649	1,903
Tax payments related to vested deferred stock units	(1,216)	(7,901)	(1,687)
Repurchases of common stock	(10,000)
Net cash used in financing activities	(100,021)	(302,696)	(236,875)
Effect of exchange rate changes	2,526	(3,621)	8,760
(DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	(41,011)	(48,176)	32,718
Balance at beginning of period	55,431	103,607	70,889
Balance at end of period	14,420	55,431	103,607
Cash paid for:
Interest	65,669	77,571	106,372
Income taxes, net	38,031	11,431	39,537
Unpaid capital expenditure purchases
Unpaid capital expenditure purchases	2,800	11,700	$ 2,900
SUPPLEMENTAL SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES:
Receivable related to sale of corporate apparel business	$ 6,048	$ 38,387

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	Feb. 01, 2020
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Organization and Business— Our retail stores operate under the Men’s Wearhouse, Men’s Wearhouse and Tux, Jos. A. Bank Clothiers (“Jos. A. Bank”), Moores Clothing for Men (“Moores”) and K&G names and carry a wide selection of exclusive and non-exclusive merchandise brands. In addition, we offer our customers alteration services and most of our K&G stores also offer women’s career and casual apparel, sportswear and accessories, including shoes, and children’s apparel . On August 16, 2019, we completed the sale of MWUK Limited, our UK corporate apparel operations conducted by Dimensions, Alexandra, and Yaffy to Project Dart Bidco Limited, pursuant to a Share Purchase Agreement entered into on that same date. In addition, we also completed the sale of Twin Hill Acquisition Company, Inc. (“Twin Hill”), to TH Holdco Inc., pursuant to a Stock Purchase Agreement entered into on August 16, 2019. The aggregate consideration for all of the outstanding equity of MWUK Limited and Twin Hill (collectively, the “corporate apparel business”) was approximately $62 million, subject to certain working capital adjustments. See Note 2 for additional information. Unless noted otherwise, discussion in these notes to the consolidated financial statements pertain to our continuing operations. We follow the standard fiscal year of the retail industry, which is a 52-week or 53-week period ending on the Saturday closest to January 31. The periods presented in these financial statements are the fiscal years ended February 1, 2020 (“fiscal 2019”), February 2, 2019 (“fiscal 2018”), and February 3, 2018 (“fiscal 2017”). Each of these periods had 52 weeks except for fiscal 2017, which consisted of 53 weeks. Principles of Consolidation Reclassifications Use of Estimates Segment information Cash and Cash Equivalents Accounts Receivable Inventories Assets Held for Sale Property and Equipment Buildings are depreciated using the straight-line method over their estimated useful lives of 10 five two Depreciation expense was $102.4 million, $98.1 million and $100.1 million for fiscal 2019, 2018 and 2017, respectively. Rental Product Impairment of Long-Lived Assets Asset impairment charges totaled $3.4 million, $1.0 million and $3.5 million for fiscal 2019, 2018 and 2017, respectively. The $3.4 million and $1.0 million of asset impairment charges recorded in fiscal 2019 and 2018, respectively, relates to long-lived assets at our Joseph Abboud store and other underperforming stores. Of the $3.5 million recorded in fiscal 2017, $1.2 million relates to fixed assets in our tuxedo shops within Macy’s (see Note 4 for additional information) and the remainder relates to underperforming stores. Goodwill and Other Indefinite-Lived Intangible Assets For purposes of our goodwill impairment evaluation, each of our merchandising brands are separate reporting units. Goodwill has been assigned to the reporting units based on prior business combinations related to the reporting units and our annual impairment assessment occurs on the last day of the second month of our fiscal fourth quarter. Our goodwill assessment consists of either using a qualitative approach to determine whether it is more likely than not that the fair value of the assets is less than their respective carrying values or a quantitative impairment test, if necessary. In performing the qualitative assessment, we consider many factors in evaluating whether the carrying value of the asset may not be recoverable, including macroeconomic conditions, retail industry considerations, recent financial performance and declines in stock price and market capitalization. Indefinite-lived intangible assets are not subject to amortization but are reviewed at least annually for impairment. The indefinite-lived intangible asset impairment evaluation is performed by comparing the fair value of the indefinite-lived intangible assets to their carrying values. Similar to the goodwill approach described above, our annual impairment assessment for indefinite-lived intangible assets contemplates the use of either a qualitative approach to determine whether it is more likely than not that the fair value of the assets is less than their respective carrying values or a quantitative impairment test, if necessary. We estimate the fair values of these intangible assets based on an income approach using the relief-from-royalty method. This approach is dependent upon a number of factors, including estimates of future growth and trends, royalty rates, discount rates and other variables. We base our fair value estimates on assumptions we believe to be reasonable, but which are unpredictable and inherently uncertain. If the carrying value exceeds its estimated fair value, an impairment loss is recognized in the amount by which the carrying amount exceeds the estimated fair value of the asset. As a result of our annual impairment evaluations, we believe that, as of February 1, 2020, none of our goodwill and indefinite-lived intangible assets are impaired. Derivative Financial Instruments Self-Insurance Sabbatical Leave Income Taxes The tax benefit from an uncertain tax position is recognized only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such positions are then measured based on the largest benefit that has a greater than 50% likelihood of being realized upon settlement. Interest and/or penalties related to uncertain tax positions are recognized in income tax expense. Revenue Recognition Revenue from Contracts with Customers Leases Leases Advertising New Store Costs Store Closures and Relocations Share-Based Compensation During the first quarter of fiscal 2017, we adopted Accounting Standards Update (“ASU”) No. 2016-09, Compensation-Stock Compensation We use the Black-Scholes option pricing model to estimate the fair value of stock options and stock appreciation rights on the date of grant. The fair value of deferred stock units, performance units, and restricted stock is determined based on the number of shares granted and the quoted closing price of our common stock on the date of grant. Awards settled in cash are classified as liabilities and the fair value of awards settled in cash will be remeasured at each reporting period until the awards are settled. The value of the portion of the award that is ultimately expected to vest is recognized as expense over the requisite service period. Compensation expense for performance-based awards is recorded based on the amount of the award ultimately expected to vest and the level and likelihood of the performance condition to be met. For grants with a service condition only that are subject to graded vesting, we recognize expense on a straight-line basis over the requisite service period for the entire award. Share-based compensation expense, including cash settled awards, recognized for fiscal 2019, 2018 and 2017 was $8.6 million, $17.7 million and $24.1 million, respectively. Total income tax benefit recognized in net (loss) earnings for share-based compensation arrangements was $2.2 million, $4.4 million and $9.1 million for fiscal 2019, 2018 and 2017, respectively. See Note 15 for additional disclosures regarding share-based compensation. Foreign Currency Translation Comprehensive (Loss) Income (Loss) earnings per share Treasury stock Recent Accounting Pronouncements In August 2018, the Financial Accounting Standards Board (“FASB”) issued ASU 2018-15, Intangibles-Goodwill and Other-Internal Use Software: Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract

DISCONTINUED OPERATIONS

DISCONTINUED OPERATIONS	12 Months Ended
DISCONTINUED OPERATIONS	Feb. 01, 2020
DISCONTINUED OPERATIONS
DISCONTINUED OPERATIONS	2. DISCONTINUED OPERATIONS On August 16, 2019, we completed the sale of MWUK Limited, our UK corporate apparel operations conducted under the Dimensions, Alexandra, and Yaffy brand names to Project Dart Bidco Limited, pursuant to a Share Purchase Agreement entered into on August 16, 2019. In addition, we also completed the sale of Twin Hill Acquisition Company, Inc. (“Twin Hill”), our U.S. corporate apparel operation, to TH Holdco Inc., pursuant to a Stock Purchase Agreement entered into on August 16, 2019. The aggregate consideration for all of the outstanding equity of MWUK Limited and Twin Hill (collectively, the “corporate apparel business”) was approximately $62 million, subject to certain working capital adjustments. After consideration of working capital adjustments and other related items, we received $49.3 million in cash during the third quarter of 2019 and approximately $6.0 million will be received in the first quarter of fiscal 2020. During the fourth quarter of 2019, we recorded an additional working capital adjustment totaling $0.6 million, which was paid in the first quarter of 2020. Prior to its sale, the corporate apparel business was its own reportable segment. We determined that the sale of the corporate apparel business represents a strategic shift that will have a major effect on our results of operations and, as a result, have reported the disposal as discontinued operations. We have presented the results of the corporate apparel business including the loss on the sale of the corporate apparel business within loss from discontinued operations, net in the consolidated statement of (loss) earnings for all periods presented. Certain costs previously allocated to the corporate apparel business for segment reporting purposes do not qualify for classification within discontinued operations and have been reallocated to continuing operations. In addition, the goodwill impairment charge of $24.0 million recorded during the third quarter of 2018 and related to the corporate apparel business has been reclassified to discontinued operations. Also, U.S. GAAP requires cumulative foreign currency translation adjustment balances to be released into earnings once the sale or liquidation of the net assets of a foreign entity occurs. As we sold the operating entities associated with the corporate apparel business during the third quarter of 2019, we determined the cumulative foreign currency translation adjustment balance totaling $26.9 million should be released to earnings and classified within loss from discontinued operations. The related assets and liabilities of the corporate apparel business are presented as current and non-current assets and liabilities of discontinued operations in the consolidated balance sheets as of February 2, 2019. The following table provides details of the carrying amounts of major classes of assets and liabilities related to discontinued operations as of February 2, 2019 (in thousands): February 2, 2019 ASSETS Cash and cash equivalents $ 22,760 Accounts receivable, net 38,387 Inventories 106,340 Other current assets 3,889 Total current assets 171,376 Property and equipment, net 14,856 Other assets 10,215 Total assets $ 196,447 LIABILITIES Accounts payable $ 24,204 Accrued expenses and other current liabilities 15,821 Total current liabilities 40,025 Other liabilities 5,477 Total liabilities $ 45,502 The following table provides details of the amounts reflected in (loss) earnings from discontinued operations, net of tax in the consolidated statements of (loss) earnings for fiscal 2019, 2018 and 2017 (in thousands): Fiscal Year 2019 2018 2017 Net sales $ 117,444 $ 235,391 $ 251,325 Cost of sales 85,042 168,532 183,987 Selling, general and administrative expenses 30,049 56,491 54,018 Goodwill impairment charge — 23,991 — Interest expense, net — 3 Loss on sale of corporate apparel business 83,513 — — Loss on release of cumulative foreign currency translation adjustment 26,885 — — (Loss) earnings from discontinued operations before taxes (108,045) (13,626) 13,320 Income tax (benefit) expense (402) 1,730 3,634 (Loss) earnings from discontinued operations, net of tax $ (107,643) $ (15,356) $ 9,686 The cash flows related to discontinued operations have not been segregated, and are included in the consolidated statements of cash flows. The following table provides selected information on cash flows related to discontinued operations for fiscal 2019, 2018 and 2017 (in thousands): Fiscal Year 2019 2018 2017 Depreciation and amortization $ 3,102 $ 6,501 $ 6,197 Capital expenditures 2,691 3,744 3,663 Significant non-cash operating and investing items: Goodwill impairment charge — 23,991 — Loss on divestiture of business 83,513 — — Loss on release of cumulative foreign currency translation adjustment 26,885 — — Receivable related to sale of corporate apparel business $ 6,048 $ — $ —

DIVESTITURE OF MW CLEANERS

DIVESTITURE OF MW CLEANERS	12 Months Ended
DIVESTITURE OF MW CLEANERS	Feb. 01, 2020
DIVESTITURE OF MW CLEANERS
DIVESTITURE OF MW CLEANERS	3 . DIVESTITURE OF MW CLEANERS On February 28, 2018, we entered into a definitive agreement to divest our MW Cleaners business for approximately $18.0 million, subject to certain adjustments, and the transaction closed on March 3, 2018. During fiscal 2018, we received cash proceeds of $17.8 million and recorded a total loss on the divestiture totaling $3.8 million, which is included within SG&A in the consolidated statement of (loss) earnings. During the fourth quarter of fiscal 2017, based on an indicator of the fair value of the business, we recorded a goodwill impairment charge of $1.5 million for MW Cleaners. We determined that the sale of the MW Cleaners business did not represent a strategic shift and will not have a major effect on our consolidated results of operations, financial position or cash flows. Accordingly, we have not presented the sale as a discontinued operation in the consolidated financial statements.

TERMINATION OF TUXEDO RENTAL LI

TERMINATION OF TUXEDO RENTAL LICENSE AGREEMENT WITH MACY'S	12 Months Ended
TERMINATION OF TUXEDO RENTAL LICENSE AGREEMENT WITH MACY'S	Feb. 01, 2020
TERMINATION OF TUXEDO RENTAL LICENSE AGREEMENT WITH MACY'S
TERMINATION OF TUXEDO RENTAL LICENSE AGREEMENT WITH MACY'S	4. TERMINATION OF TUXEDO RENTAL LICENSE AGREEMENT WITH MACY’S During the first quarter of fiscal 2017, we reached an agreement with Macy's to wind down operations under the tuxedo rental license agreement established between Macy's and The Men's Wearhouse in 2015. During fiscal 2017, we completed the winding down of our operations related to our tuxedo shops within Macy's and all tuxedo shops within Macy's closed in the second quarter of 2017. As a result of the agreement, during the first quarter of fiscal 2017, we incurred $17.2 million of termination-related costs, of which $14.6 million were cash charges. These costs included $12.3 million related to contract termination, $1.4 million of rental product write-offs, $1.2 million of asset impairment charges and $2.3 million of other costs. Of the $17.2 million in termination-related costs, $15.8 million is recorded in SG&A and $1.4 million is included in cost of sales in the consolidated statement of (loss) earnings. At February 3, 2018, all termination-related costs had been paid.

(LOSS) EARNINGS PER SHARE

(LOSS) EARNINGS PER SHARE	12 Months Ended
(LOSS) EARNINGS PER SHARE	Feb. 01, 2020
(LOSS) EARNINGS PER SHARE
(LOSS) EARNINGS PER SHARE	5. (LOSS) EARNINGS PER SHARE Basic and diluted (loss) earnings per common share are computed using the actual net (loss) earnings and the actual weighted-average common shares outstanding rather than the rounded numbers presented within our consolidated statement of (loss) earnings and the accompanying notes. As a result, it may not be possible to recalculate (loss) earnings per common share in our consolidated statement of (loss) earnings and the accompanying notes. The following table sets forth the computation of basic and diluted (loss) earnings per common share (in thousands, except per share amounts): Fiscal Year 2019 2018 2017 Numerator Net earnings from continuing operations $ 25,367 $ 98,596 $ 87,017 (Loss) earnings from discontinued operations, net of tax (107,643) (15,356) 9,686 Net (loss) earnings $ (82,276) $ 83,240 $ 96,703 Denominator Basic weighted-average common shares outstanding 49,774 49,856 49,094 Dilutive effect of share-based awards 155 869 374 Diluted weighted-average common shares outstanding 49,929 50,725 49,468 Net earnings from continuing operations per common share: Basic $ 0.51 $ 1.98 $ 1.77 Diluted $ 0.51 $ 1.94 $ 1.76 Net (loss) earnings from discontinued operations per common share: Basic $ (2.16) $ (0.31) $ 0.20 Diluted $ (2.16) $ (0.30) $ 0.20 Net (loss) earnings per common share: Basic $ (1.65) $ 1.67 $ 1.97 Diluted $ (1.65) $ 1.64 $ 1.95 For fiscal 2019, 2018 and 2017, 3.9 million, 0.8 million, and 1.8 million anti-dilutive shares of common stock were excluded from the calculation of diluted (loss) earnings per common share, respectively.

DEBT

DEBT	12 Months Ended
DEBT	Feb. 01, 2020
DEBT
DEBT	6. DEBT In 2014, The Men's Wearhouse entered into a term loan credit agreement that provided for a senior secured term loan in the aggregate principal amount of $1.1 billion (the "Original Term Loan") and a $500.0 million asset-based revolving credit agreement (the "ABL Facility", and together with the Original Term Loan, the "Credit Facilities") with certain of our U.S. subsidiaries and Moores the Suit People, one of our Canadian subsidiaries, as co-borrowers. Proceeds from the Original Term Loan were reduced by an $11.0 million original issue discount ("OID"), which was presented as a reduction of the outstanding balance on the Original Term Loan on the balance sheet and amortized to interest expense over the contractual life of the Original Term Loan. In addition, in 2014, The Men's Wearhouse issued $600.0 million in aggregate principal amount of 7.00% Senior Notes due 2022 (the "Senior Notes"). In October 2017, The Men’s Wearhouse amended the ABL Facility in part to increase the principal amount available to $550.0 million and extend the maturity date to October 2022. In April 2018, The Men’s Wearhouse refinanced its Original Term Loan, and in October 2018, amended its term loan to reduce the interest rate margin. See Credit Facilities section below for additional information. The Credit Facilities and the Senior Notes contain customary non-financial and financial covenants, including fixed charge coverage ratios, total leverage ratios and secured leverage ratios. Should our total leverage ratio and secured leverage ratio exceed certain thresholds specified in the agreements, we would be subject to certain additional restrictions, including limitations on our ability to make significant acquisitions and incur additional indebtedness. As of February 1, 2020 our total leverage is below the maximum specified in the agreements, however, our secured leverage ratio is above the maximum level. As a result, we are now subject to additional restrictions, primarily related to the size of any incremental term loan facilities being limited to a maximum of $250.0 million. In addition, as a result of the refinancing of the Term Loan and amending of our ABL Facility, our ability to pay dividends on our common stock has increased from a maximum of $10.0 million per quarter to a maximum of $15.0 million per quarter. See Note 13 for additional information on the suspension of our dividend in 2019. Credit Facilities In April 2018, we refinanced our Original Term Loan. Immediately prior to the refinancing, the Original Term Loan consisted of $593.4 million in aggregate principal amount with an interest rate of LIBOR plus 3.50% (with a floor of 1.0%) and $400.0 million in aggregate principal amount with a fixed rate of 5.0% per annum. Upon entering into the refinancing, we made a prepayment of $93.4 million on the Original Term Loan using cash on hand. As a result, we refinanced $900.0 million in aggregate principal amount of term loans then outstanding with a new Term Loan totaling $900.0 million (the “New Term Loan”). Additionally, we may continue to request additional term loans or incremental equivalent debt borrowings, all of which are uncommitted, in an aggregate amount up to the greater of (1) $250.0 million and (2) an aggregate principal amount such that, on a pro forma basis (giving effect to such borrowings), our senior secured leverage ratio will not exceed 2.5 to 1.0. As noted above, we are currently limited to a maximum of $250.0 million for such incremental borrowings. The New Term Loan will amortize in an annual amount equal to 1.0% of the principal amount of the New Term Loan, payable quarterly commencing on May 1, 2018. Proceeds from the New Term Loan were reduced by a $4.5 million OID, which was presented as a reduction of the outstanding balance on the New Term Loan on the balance sheet and was to be amortized to interest expense over the contractual life of the New Term Loan. The New Term Loan extends the maturity date of the Original Term Loan from June 18, 2021 until April 9, 2025, subject to a springing maturity provision that would accelerate the maturity of the New Term Loan to April 1, 2022 if any of the Company’s obligations under its Senior Notes remain outstanding on April 1, 2022. The New Term Loan bears interest at a rate per annum equal to an applicable margin plus, at the Company’s option, either LIBOR (with a floor of 1.0%) or the base rate (with a floor of 2.0%). In October 2018, we amended the New Term Loan resulting in a reduction in the interest rate margin of 25 basis points. As a result of the amendment, the margins for borrowings under the New Term Loan are 3.25% for LIBOR and 2.25% for the base rate and the OID was eliminated. In connection with the October 2018 amendment of the New Term Loan, we incurred deferred financing costs of $1.1 million, which will be amortized over the life of the New Term Loan using the interest method. The maturity date for the New Term Loan remains April 9, 2025, and all other material provisions of the New Term Loan remain unchanged. The interest rate on the New Term Loan is based on 1-month LIBOR, which was 1.66% at February 1, 2020, plus the applicable margin of 3.25%, resulting in a total interest rate of 4.91%. We have two interest rate swap agreements where the variable rates due under the New Term Loan have been exchanged for a fixed rate. At February 1, 2020, the total notional amount under these interest rate swaps is $705.0 million. See Note 19 for additional information on our interest rate swaps. As a result of our interest rate swaps, 80% of the variable interest rate under the New Term Loan has been converted to a fixed rate and, as of February 1, 2020, the New Term Loan had a weighted average interest rate of 5.63%. In October 2017, we amended our ABL Facility, which now provides for a senior secured revolving credit facility of $550.0 million, with possible future increases to $650.0 million under an expansion feature that matures in October 2022, and is guaranteed, jointly and severally, by Tailored Brands, Inc. and certain of our U.S. subsidiaries. The ABL Facility has several borrowing and interest rate options including the following indices: (i) adjusted LIBOR, (ii) Canadian Dollar Offered Rate (“CDOR”) rate, (iii) Canadian prime rate or (iv) an alternate base rate (equal to the greater of the prime rate, the New York Federal Reserve Bank (“NYFRB”) rate plus 0.5% or adjusted LIBOR for a one We utilize letters of credit primarily as collateral for workers compensation claims. At February 1, 2020, letters of credit totaling approximately $26.6 million were issued and outstanding. Borrowings available under the ABL Facility as of February 1, 2020 were $400.5 million. The obligations under the Credit Facilities are secured on a senior basis by a first priority lien on substantially all of the assets of the Company, and certain of its U.S. subsidiaries and, in the case of the ABL Facility, Moores The Suit People. The Credit Facilities and the related guarantees and security interests granted thereunder are senior secured obligations of, and will rank equally with all present and future senior indebtedness of the Company, the co-borrowers and the respective guarantors. Senior Notes The Senior Notes are guaranteed, jointly and severally, on an unsecured basis by Tailored Brands, Inc. and certain of our U.S. subsidiaries. The Senior Notes and the related guarantees are senior unsecured obligations of the Men’s Wearhouse, Inc. and the guarantors, respectively, and will rank equally with all of The Men’s Wearhouse Inc.’s and each guarantor’s present and future senior indebtedness. The Senior Notes will mature in July 2022. Interest on the Senior Notes is payable on January 1 and July 1 of each year. We may redeem some or all of the Senior Notes at any time on or after July 1, 2017 at the redemption prices set forth in the indenture governing the Senior Notes. As of February 1, 2020, the redemption price is 101.75% of the face value and steps down to 100% of the face value on July 1, 2020. Upon the occurrence of certain specific changes of control, we may be required to offer to purchase the Senior Notes at 101% of their aggregate principal amount plus accrued and unpaid interest thereon to the date of purchase. During fiscal 2019, we repurchased and retired $54.8 million in face value of Senior Notes through open market repurchases. As a result, we recorded a net loss on extinguishment totaling $0.1 million, consisting of the elimination of unamortized deferred financing costs totaling $0.5 million partially offset by a $0.4 million gain upon repurchase, which is included as a separate line in the consolidated statement of (loss) earnings. Long-Term Debt The following table provides details on our long-term debt as of February 1, 2020 and February 2, 2019 (in thousands): February 1, February 2, 2020 2019 Term Loan $ 881,630 $ 891,000 Senior Notes 173,816 228,607 ABL Facility 50,000 48,500 Less: Deferred financing costs related to the Term Loan and Senior Notes (2,048) (3,246) Total long-term debt, net 1,103,398 1,164,861 Current portion of long-term debt (9,000) (11,619) Total long-term debt, net of current portion $ 1,094,398 $ 1,153,242 The following table provides principal payments due on long-term debt in the next five fiscal years and the remaining years thereafter (in thousands): Fiscal Year 2020 $ 9,000 2021 9,000 2022 232,816 2023 11,250 2024 6,750 Thereafter 836,630 Total long-term debt 1,105,446 Deferred financing costs (2,048) Total long-term debt, net $ 1,103,398

REVENUE RECOGNITION

REVENUE RECOGNITION	12 Months Ended
REVENUE RECOGNITION	Feb. 01, 2020
REVENUE RECOGNITION
REVENUE RECOGNITION	7. REVENUE RECOGNITION Adoption of ASC 606 Effective February 4, 2018, we adopted ASC 606 to all contracts using the modified retrospective approach. We recognized the cumulative effect of initially applying ASC 606 as an adjustment to the opening balance of retained earnings. The adoption had no impact to our previously reported results of operations or cash flows. The following table depicts the cumulative effect of the changes made to our February 3, 2018 balance sheet for the adoption of ASC 606 (in thousands): Reported Adjusted Balance at Impact of Balance at February 3, Adoption of February 3, 2018 ASC 606 2018 Assets: Accounts receivable, net $ 36,288 $ (303) $ 35,985 Other current assets 77,228 2,753 79,981 Current assets - discontinued operations 182,862 (17,837) 165,025 Liabilities: Accrued expenses and other current liabilities 246,946 52,673 299,619 Current liabilities - discontinued operations 62,188 (20,295) 41,893 Deferred taxes, net and other liabilities 160,163 (12,555) 147,608 Non-current liabilities - discontinued operations 4,028 614 4,642 Equity: Accumulated deficit $ (479,166) $ (35,824) $ (514,990) The adoption of ASC 606 primarily impacted the timing of revenue recognition related to our customer loyalty programs, gift cards and e-commerce sales, as discussed in more detail below. In addition, for our corporate apparel business, which has been reclassified to discontinued operations, certain deferred revenue balances along with related inventory amounts were eliminated as part of the cumulative adjustment to opening retained earnings. Also, for estimated sales returns, we now recognize allowances for estimated sales returns on a gross basis rather than a net basis on the consolidated balance sheets. Revenues The following table sets forth supplemental products and services sales information for the Company (in thousands): Fiscal Year 2019 2018 2017 Net sales: Men's tailored clothing product $ 1,305,913 $ 1,385,320 $ 1,351,881 Men's non-tailored clothing product 971,509 988,973 1,008,663 Women's clothing product 68,354 68,518 70,630 Other (1) 12,616 11,936 8,643 Total retail clothing product 2,358,392 2,454,747 2,439,817 Rental services 383,521 399,146 428,355 Alteration services 139,348 148,067 150,005 Retail dry cleaning services (2) — 2,551 34,844 Total alteration and other services 139,348 150,618 184,849 Total net sales $ 2,881,261 $ 3,004,511 $ 3,053,021 (1) Other consists of franchise and licensing revenues and gift card breakage. Franchise revenues are generally recognized at a point in time while licensing revenues consist primarily of minimum guaranteed royalty amounts recognized over an elapsed time period. (2) On March 3, 2018, we completed the divestiture of our MW Cleaners business. See Note 3 for additional information. Additional net sales information is as follows (in thousands): Fiscal Year 2019 2018 2017 Net sales: Men's Wearhouse (1) $ 1,655,924 $ 1,741,983 $ 1,742,668 Jos. A. Bank 706,040 722,887 735,149 K&G 318,363 319,476 323,994 Moores 200,934 217,614 216,366 MW Cleaners (2) — 2,551 34,844 Total net sales $ 2,881,261 $ 3,004,511 $ 3,053,021 (1) Consists of Men’s Wearhouse, Men’s Wearhouse and Tux, tuxedo shops within Macy's (all 170 of which were closed during 2017) and Joseph Abboud. (2) On March 3, 2018, we completed the divestiture of our MW Cleaners business. See Note 3 for additional information. The table below presents information related to geographic areas in which we operate, with net sales classified based primarily on the geographic area where our customer is located (in thousands): Fiscal Year 2019 2018 2017 Net sales: U.S. $ 2,680,327 $ 2,786,897 $ 2,836,655 Canada 200,934 217,614 216,366 Total net sales $ 2,881,261 $ 3,004,511 $ 3,053,021 For retail clothing product revenue, we transfer control and recognize revenue at a point in time, upon sale or shipment of the merchandise, net of actual sales returns and an accrual for estimated sales returns. For rental and alteration services, we transfer control and recognize revenue at a point in time, upon receipt of the completed service by the customer. Revenue is measured as the amount of consideration we expect to receive in exchange for transferring goods or providing services. Sales, use and value added taxes we collect from our customers and are remitted to governmental agencies are excluded from revenue. Loyalty Programs We maintain a customer loyalty program for our Men’s Wearhouse, Men’s Wearhouse and Tux, Jos. A. Bank and Moores brands in which customers receive points for purchases. Points are generally equivalent to dollars spent on a one-to-one basis, excluding any sales tax dollars, and, historically, did not expire. During the fourth quarter of 2018, we finalized our decision to implement an expiration policy for loyalty program points beginning in the second quarter of fiscal 2019, which was completed. Upon reaching 500 points, customers are issued a $50 rewards certificate which they may redeem for purchases at our stores or online. Generally, reward certificates earned must be redeemed no later than six months from the date of issuance. We believe our loyalty programs represents a customer option that is a material right and, accordingly, is a performance obligation in the contract with our customer. Therefore, we record our obligation for future point redemptions using a deferred revenue model. When loyalty program members earn points, we recognize a portion of the transaction as revenue for merchandise product sales or services and defer a portion of the transaction representing the value of the related points. The value of the points is recorded in deferred revenue on our consolidated balance sheet and recognized into revenue when the points are converted into a rewards certificate and the certificate is used. We account for points earned and certificates issued that will not be redeemed by loyalty members, which we refer to as breakage. We review our breakage estimates at least annually based upon the latest available information regarding redemption and expiration patterns. During the fourth quarter of 2018, we redeemed certain loyalty members’ cumulative outstanding points into reward certificates prior to them reaching 500 total points, and these certificates expired on February 2, 2019. In addition, we finalized our decision to implement an expiration policy for loyalty program points beginning in the second quarter of fiscal 2019, which was completed. As a result of these changes in the loyalty programs, in fiscal 2018, we recorded a decrease to our deferred revenue liability related to outstanding loyalty program points of $17.6 million, $14.3 million net of income taxes, or $0.28 earnings per diluted share. Our estimate of the expected usage of points and certificates requires significant management judgment. Current and future changes to our assumptions or to loyalty program rules may result in material changes to the deferred revenue balance as well as recognized revenues from the loyalty programs. Gift Card Breakage Proceeds from the sale of gift cards are recorded as a liability and are recognized as net sales from products and services when the cards are redeemed. Our gift cards do not have expiration dates. In addition, we recognize revenue for gift cards for which the likelihood of redemption is deemed to be remote and for which there is no legal obligation to remit the value of such unredeemed gift cards to any relevant jurisdictions (commonly referred to as gift card breakage) under the redemption recognition method. This method records gift card breakage as revenue on a proportional basis over the redemption period based on our historical gift card breakage rate. We review our gift card breakage estimate based on our historical redemption patterns. Pre-tax breakage income of $3.5 and $3.1 million was recognized during fiscal 2019 and 2018, respectively. In prior years, we recognized income from breakage of gift cards as a reduction of SG&A when the likelihood of redemption of the gift card was remote. Pre-tax breakage income of $3.2 million was recognized during fiscal 2017. Sales Returns Revenue from merchandise product sales is reported net of sales returns, which includes an estimate of future returns based on historical return rates, with a corresponding reduction to cost of sales. Our refund liability for sales returns was $5.8 million and $6.4 million at February 1, 2020 and February 2, 2019, respectively, which is included in accrued and other current liabilities and represents the expected value of the refund that will be due to our customers. We also have a corresponding asset included in other current assets that represents the right to recover products from customers associated with sales returns of $3.0 million and $3.2 million at February 1, 2020 and February 2, 2019, respectively. Contract Liabilities The following table summarizes the opening and closing balances of our contract liabilities (in thousands): Balance at Increase Balance at February 2, 2019 (Decrease) February 1, 2020 Contract liabilities $ 121,796 $ (261) $ 121,535 Balance at Increase Balance at February 3, 2018 (Decrease) February 2, 2019 As Adjusted Contract liabilities $ 139,809 $ (18,013) $ 121,796 Contract liabilities include cash payments received from customers in advance of our performance, including amounts which are refundable. These liabilities primarily consist of customer deposits related to rental product or custom clothing transactions since we typically receive payment from our customers prior to our performance and deferred revenue related to our loyalty programs and unredeemed gift cards. These amounts are primarily included as “Customer deposits, prepayments and refunds payable,” “Loyalty program liabilities” and “Unredeemed gift cards,” respectively, within the accrued expenses and other current liabilities line item on our consolidated balance sheets. See Note 11 for additional information on our accrued expenses and other current liabilities. The amount of revenue recognized for fiscal 2019 and 2018 that was included in the opening contract liability balance was $81.7 million and $100.0 million, respectively. This revenue primarily consists of recognition of deposits for completed transactions as well as redeemed certificates related to our loyalty program and gift card redemptions. Fiscal 2018 also includes the impact of changes related to our loyalty programs of $17.6 million.

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS	12 Months Ended
GOODWILL AND INTANGIBLE ASSETS	Feb. 01, 2020
GOODWILL AND INTANGIBLE ASSETS
GOODWILL AND INTANGIBLE ASSETS	8. GOODWILL AND INTANGIBLE ASSETS Goodwill Changes in the net carrying amount of goodwill for the years ended February 1, 2020 and February 2, 2019 are as follows (in thousands): Total Balance at February 3, 2018 $ 94,305 Goodwill of divested business (see Note 3) (13,588) Translation adjustment (1,226) Balance at February 2, 2019 $ 79,491 Translation adjustment (220) Balance at February 1, 2020 $ 79,271 As of February 1, 2020 and February 2, 2019, accumulated goodwill impairment totaled $780.0 million. Intangible Assets The gross carrying amount and accumulated amortization of our identifiable intangible assets are as follows (in thousands): February 1, February 2, 2020 2019 Amortizable intangible assets: Carrying amount: Trademarks, tradenames and franchise agreements $ 13,506 $ 13,506 Favorable leases — 11,844 Total carrying amount 13,506 25,350 Accumulated amortization: Trademarks, tradenames and franchise agreements (9,863) (9,677) Favorable leases — (5,162) Total accumulated amortization (9,863) (14,839) Total amortizable intangible assets, net 3,643 10,511 Indefinite-lived intangible assets: Trademarks and tradename 113,200 143,200 Total intangible assets, net $ 116,843 $ 153,711 The elimination of favorable leases is due to the adoption of ASC 842, effective February 3, 2019. See Note 17 for additional information. The decrease in trademarks, tradenames and franchise agreements and the elimination of customer relationships is due to the sale of our corporate apparel business. See Note 2 for additional information. In addition, the decrease in indefinite-lived trademarks and tradenames reflects the reclassification of the Joseph Abboud tradename totaling $30.0 million as an asset held for sale in the consolidated balance sheets due to the sale of the Joseph Abboud trademarks which closed on March 4, 2020. See Note 23 for additional information. Amortization expense associated with intangible assets subject to amortization totaled approximately $0.2 million, $1.6 million and $1.8 million for fiscal 2019, 2018 and 2017, respectively. Amortization expense associated with intangible assets subject to amortization at February 1, 2020 is estimated to be approximately $0.2 million each year for fiscal years 2020-2024.

INCOME TAXES

INCOME TAXES	12 Months Ended
INCOME TAXES	Feb. 01, 2020
INCOME TAXES
INCOME TAXES	9. INCOME TAXES The following table provides details on our earnings before income taxes (in thousands): Fiscal Year 2019 2018 2017 United States $ (17,678) $ 73,775 $ 90,629 Foreign 44,690 42,527 31,005 Total $ 27,012 $ 116,302 $ 121,634 The provision for income taxes consists of the following (in thousands): Fiscal Year 2019 2018 2017 Current tax expense: Federal $ 4,231 $ 7,295 $ 25,578 State 2,196 4,853 5,055 Foreign 4,726 13,764 10,049 Deferred tax (benefit) expense: Federal and state (8,919) (2,472) (21,607) Foreign (589) (5,734) 15,542 Total $ 1,645 $ 17,706 $ 34,617 In December 2017, the U.S. enacted the Tax Reform Act. The changes included in the Tax Reform Act are broad and complex, which impacted our consolidated financial statements in fiscal 2017 and fiscal 2018 including, but not limited to: reducing the U.S. federal corporate tax rate from 35% to 21% effective January 1, 2018 and requiring a one-time transition tax on certain unrepatriated earnings of non-U.S. subsidiaries that may electively be paid over eight years. The transition tax resulted in certain previously untaxed non-U.S. earnings being included in the U.S. federal and state 2017 taxable income. The Tax Reform Act also enacted new tax laws which include, but are not limited to: a Base Erosion Anti-abuse Tax (“BEAT”), which is a new minimum tax, generally eliminating U.S. federal income taxes on dividends from foreign subsidiaries, a provision designed to tax currently global intangible low taxed income (“GILTI”), a provision that may limit the amount of currently deductible interest expense, the repeal of the domestic production incentives, limitations on the deductibility of certain executive compensation, and limitations on the utilization of foreign tax credits to reduce the U.S. income tax liability. Shortly after the Tax Reform Act was enacted, the Securities and Exchange Commission issued Staff Accounting Bulletin No. 118, Income Tax Accounting Implications of the Tax Cuts and Jobs Act (“SAB 118”) which provides guidance on accounting for the Tax Reform Act’s impact. SAB 118 provided a measurement period, which in no case should extend beyond one year from the Tax Reform Act enactment date, during which a company acting in good faith may complete the accounting for the impacts of the Tax Reform Act. In accordance with SAB 118, a company must reflect the income tax effects of the Tax Reform Act in the reporting period in which the accounting is complete. To the extent that a company’s accounting for certain income tax effects of the Tax Reform Act is incomplete, a company can determine a reasonable estimate for those effects and record a provisional estimate in the financial statements in the first reporting period in which a reasonable estimate can be determined. As a result, in fiscal 2017, we recorded a provisional discrete net tax benefit of $0.3 million related to the Tax Reform Act, which consisted of a benefit from deferred tax remeasurement offset by additional provision for transition tax. During the fourth quarter of fiscal 2018, we completed our accounting for the effects of the Tax Reform Act and recorded a discrete net tax benefit of $6.1 million, including finalization of deferred tax remeasurement, transition tax and a rate change for foreign exchange remeasurement on previously taxed earnings and profits. In addition, during 2018, we finalized our policy and have elected to use the period cost method for GILTI provisions and therefore have not recorded deferred taxes for basis differences expected to reverse in future periods. A reconciliation of the statutory federal income tax rate to our effective tax rate is as follows: Fiscal Year 2019 2018 2017 Federal statutory rate 21.0 % 21.0 % 33.7 % State income taxes, net of federal benefit (1.5) 4.1 1.4 Uncertain tax positions 0.1 (0.5) (15.1) Foreign tax rate differential (21.7) 4.3 (1.9) Amortizable tax goodwill — (4.3) (1.2) Foreign income taxed in the U.S. 15.8 1.8 — Return to provision (6.5) (4.2) (2.5) Valuation allowance 34.5 1.0 7.9 Tax credits (45.6) (6.1) (9.9) Impact of change to permanent reinvestment of foreign earnings 2.1 4.6 14.2 Impact of Tax Reform Act — (5.2) (0.2) Inventory donations (7.1) (1.7) (1.3) Stock compensation 9.2 — 2.3 Impact of ASC 810 3.7 0.6 — Meals and entertainment 2.4 0.5 0.4 Other (0.3) (0.7) 0.7 6.1 % 15.2 % 28.5 % In fiscal 2019, our effective income tax rate was 6.1% and is lower than the U.S. statutory rate primarily due to benefits from foreign tax credits offset by a net increased valuation allowance. In fiscal 2018, our effective income tax rate from continuing operations was 15.2% and is lower than the U.S. statutory rate primarily due to the impact of the Tax Reform Act and usage of tax credits, which are partially offset by state income tax changes related to the Tax Reform Act and foreign earnings with higher tax rates in these jurisdictions. In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that a portion or all of the deferred tax assets will be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. Management considers the scheduled reversal of deferred tax liabilities, projected future taxable income, and tax planning strategies in making this assessment. As of February 1, 2020, it is more likely than not that we will realize the benefits of the deferred tax assets, except as discussed below. During 2019, valuation allowances recorded against deferred tax assets increased by $9.4 million. The increase in valuation allowances related to charitable contributions and various state tax attributes of $14.7 million and was primarily driven by uncertainties regarding the future realization of tax attributes recorded in multiple jurisdictions. The increase in valuation allowances was partially offset by a decrease of $5.3 million related to tax credits due to sustained profitability which allows us to release the valuation allowance on these tax attributes. At February 1, 2020, we had tax attributes including federal net operating loss (“NOL”), state NOL and U.S. capital loss carryforwards of approximately $6.2 million, $236.7 million and $21.1 million, respectively. The federal NOL can be can be carried forward indefinitely, the state NOL carryforwards will expire between fiscal 2020 and 2039, and the capital loss can be carried forward 5 years. At February 1, 2020, we also had $15.8 million of foreign tax credit carryforwards, which will expire between fiscal 2021 and fiscal 2029. At February 1, 2020 and February 2, 2019, we had net non-current deferred tax liabilities of $22.0 million and $43.0 million, respectively. We have a valuation allowance of $30.1 million against certain state deferred tax assets and foreign tax credits for which we have concluded it is more likely than not that we will not recognize the asset. Total deferred tax assets and liabilities and the related temporary differences as of February 1, 2020 and February 2, 2019 were as follows (in thousands): February 1, February 2, 2020 2019 Deferred tax assets: Accrued rent and other expenses $ 20,439 $ 27,098 Accrued compensation 10,408 17,667 Accrued inventory reserves 8,159 5,654 Interest rate swap 8,649 1,558 Operating lease liabilities 218,257 9,249 Other 98 6,617 Tax attributes 56,955 32,030 Total deferred tax assets 322,965 99,873 Valuation allowance (30,123) (20,686) Net deferred tax assets 292,842 79,187 Deferred tax liabilities: Property and equipment (40,656) (47,287) Capitalized inventory costs (12,050) (12,538) Intangibles (40,558) (41,176) Investment in foreign subsidiaries (11,239) (12,321) Operating lease right-of-use assets (206,023) — Other (4,356) (8,863) Total deferred tax liabilities (314,882) (122,185) Net deferred tax liabilities $ (22,040) $ (42,998) In accordance with the guidance regarding accounting for uncertainty in income taxes, we classify uncertain tax positions as non-current income tax liabilities unless expected to be paid within one year and recognize interest and/or penalties related to income tax matters in income tax expense. As of February 1, 2020 and February 2, 2019, the total amount of accrued interest related to uncertain tax positions was $0.1 million and $0.1 million, respectively. The following table summarizes the activity related to our uncertain tax positions (in thousands): February 1, February 2, 2020 2019 Gross uncertain tax positions, beginning balance $ 619 $ 1,154 Increase in tax positions for prior years — — Decrease in tax positions for prior years — (535) Increase in tax positions due to business combinations — — Increase in tax positions for current year — — Decrease in tax positions for current year — — Settlements — — Lapse from statute of limitations — — Gross uncertain tax positions, ending balance $ 619 $ 619 Of the $0.6 million in uncertain tax positions as of February 1, 2020, $0.6 million, if recognized, would reduce our income tax expense and effective tax rate. We do not expect material changes in the total amount of uncertain tax positions within the next 12 months as the outcome of tax matters is uncertain and unforeseen results can occur. We are subject to routine compliance examinations on tax matters by various tax jurisdictions in the ordinary course of business. Tax return years which are open to examinations range from fiscal 2014 through fiscal 2018. Our tax jurisdictions primarily consist of the United States, Canada, the United Kingdom, and Hong Kong as well as their states, territories, provinces and other political subdivisions. We are currently under IRS examination for fiscal year 2016. A number of U.S. state examinations are ongoing.

INVENTORIES

INVENTORIES	12 Months Ended
INVENTORIES	Feb. 01, 2020
INVENTORIES
INVENTORIES	10. INVENTORIES The following table provides details on our inventories as of February 1, 2020 and February 2, 2019 (in thousands): February 1, February 2, 2020 2019 Finished goods $ 554,706 $ 581,953 Raw materials and merchandise components 141,951 142,133 Total inventories $ 696,657 $ 724,086

OTHER CURRENT ASSETS, ACCRUED E

OTHER CURRENT ASSETS, ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES AND DEFERRED TAXES AND OTHER LIABILITIES	12 Months Ended
	Feb. 01, 2020
OTHER CURRENT ASSETS, ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES AND DEFERRED TAXES AND OTHER LIABILITIES
OTHER CURRENT ASSETS, ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES AND DEFERRED TAXES AND OTHER LIABILITIES	11. OTHER CURRENT ASSETS, ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES AND DEFERRED TAXES AND OTHER LIABILITIES The following table provides details on our other current assets as of February 1, 2020 and February 2, 2019 (in thousands): February 1, February 2, 2020 2019 Prepaid expenses $ 28,111 $ 53,455 Tax receivable 12,010 — Other 9,009 13,368 Total other current assets $ 49,130 $ 66,823 The decrease in prepaid expenses is primarily due to the impact on prepaid rent resulting from the adoption of ASC 842, effective February 3, 2019. See Note 17 for additional information. The following table provides details on our accrued expenses and other current liabilities as of February 1, 2020 and February 2, 2019 (in thousands): February 1, February 2, 2020 2019 Accrued salary, bonus, sabbatical, vacation and other benefits $ 58,264 $ 78,297 Loyalty program liabilities 43,692 44,434 Customer deposits, prepayments and refunds payable 39,527 38,436 Unredeemed gift cards 30,024 32,178 Sales, value added, payroll, property and other taxes payable 18,208 20,930 Accrued workers compensation and medical costs 20,954 23,893 Accrued dividends 380 10,480 Accrued interest 5,552 1,828 Unrealized loss on interest rate swaps 7,701 1,625 Accrued royalties 2,543 1,286 Other 19,265 15,311 Total accrued expenses and other current liabilities $ 246,110 $ 268,698 The following table provides details on our deferred taxes, net and other liabilities as of February 1, 2020 and February 2, 2019 (in thousands): February 1, February 2, 2020 2019 Deferred and other income tax liabilities, net $ 36,373 $ 48,199 Unrealized loss on interest rate swaps 26,885 7,605 Deferred rent and landlord incentives — 57,351 Unfavorable lease liabilities — 1,797 Other 4,555 4,593 Total deferred taxes, net and other liabilities $ 67,813 $ 119,545 The elimination of deferred rent and landlord incentives and unfavorable lease liabilities is due to the adoption of ASC 842, effective February 3, 2019. See Note 17 for additional information.

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME	12 Months Ended
ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME	Feb. 01, 2020
ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME
ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME	12. ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME The following table summarizes the components of accumulated other comprehensive (loss) income during fiscal 2019, 2018 and 2017 (in thousands and net of tax): Foreign Currency Cash Flow Pension Translation Hedges Plan Total BALANCE— January 28, 2017 $ (40,205) $ (82) $ 204 $ (40,083) Other comprehensive (loss) income before reclassifications 29,089 (3,359) (20) 25,710 Amounts reclassified from accumulated other comprehensive loss — 4,682 — 4,682 Tax effect — (1,096) 5 (1,091) Net other comprehensive income (loss) 29,089 227 (15) 29,301 BALANCE— February 3, 2018 (11,116) 145 189 (10,782) Other comprehensive loss before reclassifications (18,704) (8,393) (45) (27,142) Amounts reclassified from accumulated other comprehensive loss — 2,178 2,178 Tax effect — 1,756 11 1,767 Net other comprehensive loss (18,704) (4,459) (34) (23,197) BALANCE— February 2, 2019 (29,820) (4,314) 155 (33,979) Other comprehensive loss before reclassifications (4,847) (30,578) (701) (36,126) Amounts reclassified from accumulated other comprehensive loss — 1,250 — 1,250 Release of cumulative foreign currency translation adjustment to loss from discontinued operations (see Note 2) 26,885 — — 26,885 Tax effect — 7,274 182 7,456 Net other comprehensive income (loss) 22,038 (22,054) (519) (535) BALANCE— February 1, 2020 $ (7,782) $ (26,368) $ (364) $ (34,514) Amounts reclassified from other comprehensive (loss) income in fiscal 2019 related to changes in the fair value of our interest rate swaps, which is recorded in interest expense in the consolidated statement of (loss) earnings and the impact of the cancellation of cash flow hedges related to inventory purchases for our divested corporate apparel business. Amounts reclassified from other comprehensive (loss) income in fiscal 2018 and 2017 related to changes in the fair value of our interest rate swaps which is recorded in interest expense in the consolidated statement of (loss) earnings and changes in the fair value of cash flow hedges related to inventory purchases, which is recorded within cost of sales in the consolidated statement of (loss) earnings.

DIVIDENDS

DIVIDENDS	12 Months Ended
DIVIDENDS	Feb. 01, 2020
DIVIDENDS
DIVIDENDS	13. DIVIDENDS On September 11, 2019, after extensive review, the Company announced an update to the Company’s capital allocation policy. Effective in the fourth quarter of fiscal, 2019, our quarterly cash dividend was suspended and the cash was redeployed for accelerated debt reduction and opportunistic share repurchases. Cash dividends paid were approximately $28.1 million, $36.9 million and $35.8 million during fiscal 2019, 2018 and 2017, respectively. In fiscal 2019, a dividend of $0.18 per share was declared in each of the first two quarters, for an annual dividend of $0.36 per share. In fiscal 2018 and 2017, a dividend of $0.18 per share was declared in each quarter, for an annual dividend of $0.72 per share, respectively.

SHARE REPURCHASES

SHARE REPURCHASES	12 Months Ended
SHARE REPURCHASES	Feb. 01, 2020
SHARE REPURCHASES
SHARE REPURCHASES	14. SHARE REPURCHASES In March 2013, our Board approved a share repurchase program for our common stock. During the third quarter of 2019, we repurchased 2,336,852 shares through open market repurchases at a cost of $10.0 million for an average price of $4.28 per share. At February 1, 2020, the remaining balance available under the Board’s authorization was $38.0 million. No shares were repurchased during fiscal 2018 or fiscal 2017.

EQUITY AND SHARE-BASED COMPENSA

EQUITY AND SHARE-BASED COMPENSATION PLANS	12 Months Ended
EQUITY AND SHARE-BASED COMPENSATION PLANS	Feb. 01, 2020
EQUITY AND SHARE-BASED COMPENSATION PLANS
EQUITY AND SHARE-BASED COMPENSATION PLANS	15. EQUITY AND SHARE-BASED COMPENSATION PLANS Preferred Stock Our Board is authorized to issue up to 2,000,000 shares of preferred stock and to determine the dividend rights and terms, redemption rights and terms, liquidation preferences, conversion rights, voting rights and sinking fund provisions of those shares without any further vote or act by Company shareholders. There was no issued preferred stock as of February 1, 2020 and February 2, 2019, respectively. Stock Plans In June 2016, our shareholders approved the Tailored Brands, Inc. 2016 Long-Term Incentive Plan (the “2016 LTIP”), which will be used for equity grants after June 2016. As amended in 2017, the 2016 LTIP provides for an aggregate of up to 9,300,000 shares, subject to adjustment, of our common stock (or the fair market value thereof) with respect to which stock options, stock appreciation rights, restricted stock, deferred stock units and performance based awards may be granted to full-time key employees and to non-employee directors of the Company. In addition, we continue to administer the 2004 Long-Term Incentive Plan (the “2004 LTIP”) and the 1996 Long-Term Incentive Plan (“1996 Plan”) as a result of awards which remain outstanding pursuant to such plans. Awards are no longer available for grant under the 2004 LTIP and 1996 Plan. Stock options and stock appreciation rights granted under these plans vest annually in varying increments over a period from one one As of February 1, 2020, 3,676,509 shares were available for grant under the 2016 LTIP and 8,680,893 shares of common stock were reserved for future issuance under the existing plans. Non-Vested Deferred Stock Units, Performance Units and Restricted Stock The following table summarizes the activity of time-based and performance-based (collectively, “DSUs”) awards during fiscal 2019: Weighted-Average Units Grant-Date Fair Value Time- Performance- Time- Performance- Based Based Based Based Non-Vested at February 2, 2019 939,086 336,906 $ 22.60 $ 18.59 Granted 164,662 — 5.53 — Vested (1) (487,020) (73,064) 21.61 23.27 Forfeited (145,219) (98,030) 22.11 17.25 Non-Vested at February 1, 2020 471,509 165,812 $ 17.81 $ 17.33 (1) Includes 173,360 shares relinquished for tax payments related to vested DSUs in fiscal 2019. The following table summarizes additional information about DSUs: Fiscal Year 2019 2018 2017 DSUs issued 164,662 941,328 1,015,236 Weighted average grant date fair value $ 5.53 $ 26.81 $ 11.47 We have determined the performance targets for the 165,812 outstanding performance units are not probable of achievement and are not expected to vest. Performance units that are unvested at the end of the performance period will lapse and be forfeited. The fair value of shares vested was $12.2 million, $17.2 million and $11.6 million in fiscal 2019, 2018 and 2017, respectively. As of February 1, 2020, the intrinsic value of non-vested DSUs was $2.5 million. As of February 1, 2020, we have unrecognized compensation expense related to non-vested DSUs of approximately $4.8 million which is expected to be recognized over a weighted-average period of 0.9 years. Stock Options and Stock Appreciation Rights (“SARs”) The following table summarizes the activity of stock options during fiscal 2019: Weighted- Average Aggregate Weighted- Remaining Intrinsic Number of Average Contractual Value Shares Exercise Price Term (in thousands) Outstanding at February 2, 2019 1,252,072 $ 23.64 Granted 3,258,797 7.42 Exercised — — Forfeited (415,327) 10.44 Expired (142,955) 26.98 Outstanding at February 1, 2020 3,952,587 $ 11.53 8.5 Years $ — Vested and expected to vest at February 1, 2020 3,814,766 $ 11.68 8.4 Years $ — Exercisable at February 1, 2020 830,093 $ 24.59 5.8 Years $ — During the first quarter of 2019, we granted SARs, which vest ratably over a period of three years, and will be settled in stock. Each vested SAR entitles the holder to the right of the difference between the value of our common stock on the date of exercise and the common stock price on the date of grant. We use the Black-Scholes option pricing model to estimate the fair value of SARs on the date of grant. The following table summarizes the activity of SARs during fiscal 2019: Average Aggregate Weighted- Remaining Intrinsic Number of Average Contractual Value Shares Exercise Price Term (in thousands) Outstanding at February 2, 2019 — $ — Granted 414,476 7.62 Exercised — — Forfeited — — Expired — — Outstanding at February 1, 2020 414,476 $ 7.62 9.2 Years $ — Vested and expected to vest at February 1, 2020 414,476 $ 7.62 9.2 Years $ — Exercisable at February 1, 2020 — $ — — Years $ — The weighted-average grant date fair value of stock options granted during fiscal 2019, 2018 and 2017 was $2.98, $10.29 and $3.86, respectively. The weighted-average grant date fair value of the SARs granted during fiscal 2019 was $3.01 per share. The fair value of stock options and SARs is estimated on the date of grant using the Black-Scholes option pricing model using the following weighted-average assumptions: Fiscal Year 2019 2018 2017 Risk-free interest rate 2.35% 2.70% 1.75% Expected lives 5.0 years 5.0 years 5.0 years Dividend yield (1) 4.09% 4.21% 4.69% Expected volatility 62.65% 56.55% 55.12% (1) Awards granted after announcement of the suspension of our dividend assume a dividend yield of 0%. The risk-free interest rate is based on the U.S. Treasury yield curve in effect at the time of grant. The expected lives represents the period of time the stock options and SARs are expected to be outstanding after their grant date. The dividend yield is based on the average of the annual dividend divided by the market price of our common stock at the time of declaration. The expected volatility is based on historical volatility of our common stock. There were no stock options or SARs exercised during fiscal 2019. The total intrinsic value of stock options exercised during fiscal 2018 and 2017 was $1.7 million and less than $0.1 million, respectively. As of February 1, 2020, we have unrecognized compensation expense related to non-vested stock options and SARs of approximately $8.3 million which is expected to be recognized over a weighted-average period of 1.5 years. Cash Settled Awards We have granted stock-based awards to certain employees, which vest over a period of three years, and will be settled in cash ("cash settled awards"). The fair value of the cash settled awards at each reporting period is based on the price of our common stock. The fair value of the cash settled awards will be remeasured at each reporting period until the awards are settled. At February 1, 2020, the liability associated with the cash settled awards was $1.7 million and was recorded in accrued expenses and other current liabilities in the consolidated balance sheets. At February 2, 2019, the liability associated with the cash settled awards was $3.8 million with $2.4 million recorded in accrued expenses and other current liabilities and $1.4 million recorded in other liabilities in the consolidated balance sheets. The following table summarizes the activity of cash settled awards during fiscal 2019 (in thousands): Cash Settled Awards Non-Vested at February 2, 2019 $ 5,072 Granted 4,480 Vested (2,426) Forfeited (906) Non-Vested at February 1, 2020 $ 6,220 As of February 1, 2020, we have unrecognized compensation expense related to non-vested cash settled awards of approximately $2.2 million which is expected to be recognized over a weighted-average period of 1.6 years.

RETIREMENT AND STOCK PURCHASE P

RETIREMENT AND STOCK PURCHASE PLANS	12 Months Ended
RETIREMENT AND STOCK PURCHASE PLANS	Feb. 01, 2020
RETIREMENT AND STOCK PURCHASE PLANS
RETIREMENT AND STOCK PURCHASE PLANS	16. RETIREMENT AND STOCK PURCHASE PLANS We have 401(k) savings plans which allow eligible employees to save for retirement on a tax deferred basis. Employer matching contributions under the 401(k) savings plans are made based on a formula set by the Board from time to time. During fiscal 2019, 2018 and 2017, our matching contributions for the plans charged to operations were $3.1 million, $2.6 million and $2.7 million, respectively. We also maintain a noncontributory defined benefit pension plan and a post-retirement benefit plan which cover certain union and nonunion employees at Jos. A. Bank. The plans provide for eligible employees to receive benefits based principally on years of service. Amounts related to the defined benefit pension and post-retirement benefit plans were immaterial to our consolidated financial statements. In addition, we have an Employee Stock Purchase Plan (“ESPP”) which allows employees to authorize after-tax payroll deductions to be used for the purchase of shares of our common stock at 85% of the lesser of the fair market value of our common stock on the first day of the offering period or the fair market value of our common stock on the last day of the offering period. In 2018, our shareholders approved amendments to the ESPP including increasing the number of shares available for purchase by 1,000,000 shares, resulting in a total of 3,137,500 shares available for purchase under the ESPP. We make no contributions to this plan but pay all brokerage, service and other costs incurred. A participant may not purchase more than 125 shares during any calendar quarter. During fiscal 2019, 2018 and 2017, employees purchased 344,433 shares, 103,081 shares and 167,673 shares, respectively, under the ESPP, the weighted-average fair value of which was $4.53, $16.76 and $10.74 per share, respectively. We recognized approximately $0.6 million of share-based compensation expense related to the ESPP for each of fiscal 2019, 2018 and 2017, respectively. As of February 1, 2020, 783,442 shares were reserved for future issuance under the ESPP.

LEASES

LEASES	12 Months Ended
LEASES	Feb. 01, 2020
LEASES
LEASES	17. LEASES Adoption of ASC 842 Effective February 3, 2019, we adopted ASC 842 using the modified retrospective approach. As part of the adoption, we made the following elections: ● We elected the package of practical expedients under which we did not reassess our prior conclusions about lease identification, lease classification and initial direct costs. ● We elected to not separate lease and non-lease components for all leases. ● We elected to exempt leases with an initial term of twelve months or less from balance sheet recognition. ● We elected the land easement practical expedient under which we did not reassess whether existing land easements not accounted for as leases under previous guidance are or contain leases under ASC 842. ● We did not elect the hindsight practical expedient for all leases. In addition, in July 2018, the FASB approved an optional transition method that removed the requirement to restate prior period financial statements upon adoption of the standard with a cumulative-effect adjustment to retained earnings in the period of adoption and we elected to apply this transition method. As a result, the comparative period information has not been restated and continues to be reported under the accounting standards in effect for the period presented. The adoption of ASC 842 had no impact to our previously reported results of operations or cash flows. The following table depicts the cumulative effect of the changes made to our February 2, 2019 balance sheet for the adoption of ASC 842 effective on February 3, 2019 (in thousands): Reported Adjusted Balance at Impact of Balance at February 2, Adoption of February 3, 2019 ASC 842 2019 Assets: Other current assets $ 66,823 $ (20,557) $ 46,266 Current assets - discontinued operations 171,376 (197) 171,179 Operating lease right-of-use assets — 884,231 884,231 Intangible assets, net 153,711 (6,682) 147,029 Non-current assets - discontinued operations 25,071 12,039 37,110 Current Liabilities: Accrued expenses and other current liabilities 268,698 (151) 268,547 Current portion of operating lease liabilities — 181,379 181,379 Current liabilities - discontinued operations 40,025 2,346 42,371 Noncurrent Liabilities: Operating lease liabilities — 735,482 735,482 Deferred taxes, net and other liabilities 119,545 (59,316) 60,229 Noncurrent liabilities - discontinued operations 5,477 9,496 14,973 Equity: Accumulated deficit $ (468,048) $ (402) $ (468,450) The adoption of ASC 842 primarily resulted in the recognition of operating lease liabilities totaling $869.2 million, based upon the present value of the remaining minimum rental payments using discount rates as of the adoption date, with $183.6 million within current liabilities and $685.7 million in noncurrent liabilities. In addition, we recorded corresponding right-of-use assets totaling $868.8 million based upon the operating lease liabilities adjusted for favorable lease intangible assets, previously included within intangible assets, net and deferred rent and unfavorable lease liabilities, previously included within deferred taxes, net and other liabilities. In addition, we recorded a $0.4 million cumulative effect of initially applying ASC 842 as an adjustment to the opening balance of accumulated deficit. Lease Information We lease store locations, office and warehouse facilities, vehicles and equipment under various non-cancelable operating leases expiring in various years through 2032. Substantially all of our stores are leased, generally for five one Operating lease right-of-use assets and operating lease liabilities are recognized at the lease commencement date. Operating lease liabilities represent the present value of lease payments. Operating lease right-of-use assets represent our right to use an underlying asset and are based upon the operating lease liabilities adjusted for prepayments or accrued lease payments, lease incentives and impairment of operating lease right-of-use assets. To determine the present value of the lease payments, we estimated our incremental borrowing rate based on our current credit rating as well as comparisons to comparable borrowing rates of similarly-rated companies. The components of lease cost are as follows (in thousands): February 1, 2020 Operating lease cost $ 248,975 Variable lease cost 73,929 Total lease cost $ 322,904 Operating lease expense is recognized on a straight-line basis over the lease term. Total lease costs for stores and our distribution network are included in cost of sales while other total lease costs are included in SG&A expenses. Supplemental balance sheet information related to operating leases consists of the following (in thousands): February 1, 2020 Operating lease right-of-use assets $ 880,291 Current portion of operating lease liabilities $ 186,304 Noncurrent portion operating lease liabilities 726,327 Total operating lease liabilities $ 912,631 Lease term and discount rate for operating leases were as follows: February 1, 2020 Weighted average remaining lease term 5.6 years Weighted average discount rate 5.22% Supplemental disclosures of cash flow information consists of the following (in thousands): February 1, 2020 Cash paid for operating leases $ 254,605 Operating lease assets obtained in exchange for operating lease liabilities $ 1,074,670 At February 1, 2020, we have approximately $912.6 million of non-cancelable operating lease commitments and no finance leases. The following table summarizes the undiscounted annual future minimum lease payments, as of February 1, 2020, for each of the next five years and in the aggregate (in thousands): Operating Leases Year 1 $ 228,872 Year 2 237,532 Year 3 196,783 Year 4 149,501 Year 5 106,826 Thereafter 134,146 Total lease payments $ 1,053,660 Less: Interest (141,029) Present value of lease liabilities $ 912,631 Disclosures Related to Periods Prior to Adoption of ASC 842 As previously disclosed in our 2018 Annual Report on Form 10-K and under the accounting standards then in effect, our operating leases generally contain rent escalation clauses, rent holidays, contingent rent provisions and occasionally leasehold incentives. Rent expense for operating leases is recognized on a straight-line basis over the term of the lease, which is generally five to ten years based on the initial lease term plus first renewal option periods that are reasonably assured. Rent expense for stores is included in cost of sales as a part of occupancy cost and other rent is included in SG&A. The lease terms commence when we take possession with the right to control use of the leased premises, which normally includes a construction period and, for stores, is approximately 60 days prior to the date rent payments begin. Deferred rent that results from recognition of rent expense on a straight-line basis is included in other liabilities. Landlord incentives received for reimbursement of leasehold improvements is also included in other liabilities and amortized as a reduction to rent expense over the term of the lease. Contingent rentals are generally based on percentages of sales and are recognized as store rent expense as they accrue. Rent expense for operating leases for fiscal 2018 and 2017 was $247.9 million and $251.3 million respectively, and includes contingent rentals of $1.8 million and $2.1 million, respectively. Minimum future rental payments under non-cancelable leases as of February 2, 2019 for each of the next five years and in the aggregate are as follows (in thousands): Fiscal Year Operating Leases 2019 $ 236,539 2020 206,652 2021 173,294 2022 131,800 2023 86,127 Thereafter 140,256 Total lease payments $ 974,668

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	12 Months Ended
FAIR VALUE MEASUREMENTS	Feb. 01, 2020
FAIR VALUE MEASUREMENTS
FAIR VALUE MEASUREMENTS	18. FAIR VALUE MEASUREMENTS Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The authoritative guidance for fair value measurements establishes a three-tier fair value hierarchy, categorizing the inputs used to measure fair value. The hierarchy can be described as follows: Level 1- observable inputs such as quoted prices in active markets; Level 2 - inputs other than the quoted prices in active markets that are observable either directly or indirectly; and Level 3- unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions. The fair value hierarchy also requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. Assets and Liabilities that are Measured at Fair Value on a Recurring Basis Fair Value Measurements at Reporting Date Using Quoted Prices in Active Significant Markets for Other Significant Identical Observable Unobservable Instruments Inputs Inputs (in thousands) (Level 1) (Level 2) (Level 3) Total February 1, 2020— Assets: Derivative financial instruments $ — $ 7 $ — $ 7 Liabilities: Derivative financial instruments $ — $ 34,586 $ — $ 34,586 February 2, 2019— Assets: Derivative financial instruments $ — $ 2,965 $ — $ 2,965 Liabilities: Derivative financial instruments $ — $ 9,307 $ — $ 9,307 At February 1, 2020, derivative financial instruments are comprised of interest rate swap agreements to minimize our exposure to interest rate changes on our outstanding indebtedness and foreign currency forward exchange contracts primarily entered into related to our direct sourcing programs, specifically related to the Canadian dollar. These derivative financial instruments are recorded in the consolidated balance sheets at fair value based upon observable market inputs, primarily pricing models based on current market rates. Derivative financial instruments in an asset position are included within other current assets or other assets in the consolidated balance sheets. Derivative financial instruments in a liability position are included within accrued expenses and other current liabilities or noncurrent liabilities in the consolidated balance sheets. See Note 19 for further information regarding our derivative instruments. Assets and Liabilities that are Measured at Fair Value on a Non-Recurring Basis Long-lived assets, such as property and equipment, operating lease right-of-use assets, goodwill and identifiable intangibles, are periodically evaluated for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. If the asset carrying amount exceeds its fair value, an impairment charge is recognized in the amount by which the carrying amount exceeds the fair value of the asset. As discussed in Note 1, during fiscal 2019, 2018 and 2017, we incurred $3.4 million, $1.0 million and $3.5 million, respectively, of asset impairment charges, which is included within SG&A expenses in our consolidated statement of (loss) earnings, primarily related to underperforming stores. The estimated fair value of the impaired long-lived assets was $1.4 million, $0.6 million and $0.7 million, respectively. In addition, during fiscal 2019, we recognized a writeoff of $2.9 million of rental product related to the closure of a Canadian distribution center, which is included within cost of sales in our consolidated statement of (loss) earnings. We estimated the fair value of these long-lived assets based on an income approach using projected future cash flows discounted using a weighted-average cost of capital analysis that reflects current market conditions. The fair values of long-lived assets are based on our own judgments about the assumptions that market participants would use in pricing the asset and on observable market data, when available. We classify these measurements as Level 3 within the fair value hierarchy. During fiscal 2017, we recorded a goodwill impairment charge related to MW Cleaners totaling $1.5 million. We estimated the fair value of the MW Cleaners business based on an estimate provided to us by a market participant, which we classified as Level 2 within the fair value hierarchy. Fair Value of Financial Instruments Our financial instruments consist of cash, accounts receivable, accounts payable, accrued expenses and other current liabilities and long-term debt. Management estimates that, as of February 1, 2020 and February 2, 2019, the carrying value of cash, accounts receivable, accounts payable and accrued expenses and other current liabilities approximated their fair value due to the highly liquid or short-term nature of these instruments. We believe that the borrowings under our ABL Facility approximate their fair value because interest rates are adjusted on a short-term basis. The fair values of our Term Loan were valued based upon observable market data provided by a third party for similar types of debt, which we classify as a Level 2 input within the fair value hierarchy. The fair value of our Senior Notes is based on quoted prices in active markets, which we classify as Level 1 input within the fair value hierarchy. The table below shows the fair value and carrying value of our Term Loan and Senior Notes (in thousands): February 1, 2020 February 2, 2019 Carrying Estimated Carrying Estimated Amount (1) Fair Value Amount (1) Fair Value Term Loan and Senior Notes, including current portion $ 1,053,398 $ 896,851 $ 1,116,361 $ 1,120,296 (1) The carrying value of the Term Loan and Senior Notes, including current portion is net of deferred financing costs of $2.0 million and $3.2 million as of February 1, 2020 and February 2, 2019, respectively.

DERIVATIVE FINANCIAL INSTRUMENT

DERIVATIVE FINANCIAL INSTRUMENTS	12 Months Ended
DERIVATIVE FINANCIAL INSTRUMENTS	Feb. 01, 2020
DERIVATIVE FINANCIAL INSTRUMENTS
DERIVATIVE FINANCIAL INSTRUMENTS	19. DERIVATIVE FINANCIAL INSTRUMENTS Effective February 3, 2019, we adopted ASU 2017-12, Derivatives and Hedging: Targeted Improvements to Accounting for Hedging Activities In April 2017, we entered into an interest rate swap contract on an initial notional amount of $260.0 million that matures in June 2021 with periodic interest settlements. At February 1, 2020, the notional amount totaled $320.0 million. Under this interest rate swap contract, we receive a floating rate based on 1-month LIBOR and pay a fixed rate of 5.31% (including the applicable margin of 3.25%) on the outstanding notional amount. In June 2018, we entered into an interest rate swap contract on an initial notional amount of $320.0 million that matures in April 2025 with periodic interest settlements. At February 1, 2020, the notional amount totaled $385.0 million. Under this interest rate swap contract, we receive a floating rate based on 1-month LIBOR and pay a fixed rate of 6.18% (including the applicable margin of 3.25%) on the outstanding notional amount. We have designated each interest rate swap as a cash flow hedge of the variability of interest payments under the Term Loan due to changes in the LIBOR benchmark rate and the fair value of the swaps is reported as a component of accumulated other comprehensive (loss) income. For both swaps, changes in fair value are reclassified from accumulated other comprehensive (loss) income into earnings in the same period that the hedged item affects earnings. Over the next 12 months, $7.7 million of the amounts related to the interest rate swaps is expected to be reclassified from accumulated other comprehensive (loss) income into earnings within interest expense. Historically, we also utilized derivative instruments to hedge our foreign exchange risk, specifically related to the British pound and Euro. As a result of the sale of our corporate apparel business, these instruments were cancelled during the third quarter of 2019 and any amounts included in accumulated other comprehensive (loss) income were reclassified to expense and included within loss from discontinued operations. In addition, we are exposed to market risk associated with foreign currency exchange rate fluctuations as a result of our direct sourcing programs, specifically related to the Canadian dollar. As a result, from time to time, we may enter into derivative instruments to hedge this foreign exchange risk. We have not elected to apply hedge accounting to these derivative instruments. At February 1, 2020, the notional amount of these instruments totaled $5.3 million. Amounts related to these transactions were immaterial to our consolidated financial statements. The following table provides details on our derivative instruments recorded in the consolidated balance sheets as of February 1, 2020 and February 2, 2019 (in thousands): February 1, 2020 February 2, 2019 Balance Estimated Balance Estimated Sheet Location Fair Value Sheet Location Fair Value Interest rate contracts Other current assets $ — Other current assets $ 1,610 Interest rate contracts Other assets — Other assets 1,355 Foreign exchange contracts Other current assets 7 Other current assets — Total assets $ 7 $ 2,965 Interest rate contracts Accrued expenses and other current liabilities $ 7,701 Accrued expenses and other current liabilities $ 1,625 Interest rate contracts Deferred taxes, net and other liabilities 26,885 Deferred taxes, net and other liabilities 7,605 Foreign exchange contracts Accrued expenses and other current liabilities — Accrued expenses and other current liabilities 77 Total liabilities $ 34,586 $ 9,307 The following table provides details on our derivative instruments recorded in the consolidated statements of (loss) earnings and comprehensive (loss) income during fiscal 2019 and 2018 (in thousands): Amount of Gain/(Loss) Recognized in Other Comprehensive Loss, net of tax Location of Gain/(Loss) Reclassified from Accumulated Other Comprehensive Loss into Earnings Amount of Gain/(Loss) Reclassified from Accumulated Other Comprehensive Loss into Earnings For the Year Ended For the Year Ended February 1, 2020 February 2, 2019 February 1, 2020 February 2, 2019 Derivatives in Cash Flow Hedging Relationships: Interest rate contracts $ (22,931) $ (8,296) Interest expense $ 1,692 $ 818

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
COMMITMENTS AND CONTINGENCIES	Feb. 01, 2020
COMMITMENTS AND CONTINGENCIES
COMMITMENTS AND CONTINGENCIES	20. COMMITMENTS AND CONTINGENCIES Legal Proceedings On August 2, 2017, two American Airlines employees, Thor Zurbriggen and Dena Catan, filed a putative class action lawsuit against our then-existing subsidiary Twin Hill in the United States District Court for the Northern District of Illinois (Case No. 1:17-cv-05648). The complaint alleged claims for strict liability, negligence, and medical monitoring based on allegedly defective uniforms Twin Hill supplied to American Airlines for its employees. On September 28, 2017, the plaintiffs filed an amended complaint adding nine additional named plaintiffs, adding American Airlines, Inc. as a defendant, and adding claims for civil battery and intentional infliction of emotional distress. Plaintiffs filed a Seconded Amended Complaint on October 4, 2018 on behalf of 39 named plaintiffs, adding PSA Airlines, Inc. and Envoy Air Inc. as defendants, adding new factual allegations and adding a new claim of fraud against American. The Second Amended Complaint included plaintiffs from the Onody (Case No. 1:18-cv-02303) and Joy (Case No. 1:18-cv-05808) matters we reported in prior filings. As a result, on October 16, 2018, the judge dismissed the separate Onody and Joy matters. We have timely answered the Second Amended Complaint and the matter will proceed in due course. We believe that any lawsuit filed on the basis of the safety of the Twin Hill uniforms supplied to American Airlines is without merit, and we intend to contest this action vigorously. Twin Hill has substantial and convincing evidence of the uniforms' safety and fitness for their intended purpose, and we believe that there is no evidence linking any of the plaintiffs' alleged injuries to our uniforms. The range of loss, if any, is not reasonably estimable at this time. We do not currently believe, however, that it will have a material adverse effect on our financial position, results of operations or cash flows. On September 27, 2017, Heather Poole and numerous other American Airlines employees filed a lawsuit against our then-existing subsidiary Twin Hill in the Superior Court for the State of California for the County of Alameda (Case No. RG17876798). The complaint attempts to allege claims for strict liability and negligence based on allegedly defective uniforms Twin Hill supplied to American Airlines for its employees. On December 11, 2017, the Company filed a demurrer to Plaintiff’s complaint. On February 20, 2018, the Court granted our demurrer and dismissed the plaintiffs’ Complaint. Plaintiffs filed an amended complaint on April 10, 2018 and again on April 27, 2018, which added allegations regarding Plaintiffs’ alleged injuries and named Tailored Brands as a defendant. This case was consolidated for pretrial purposes only with other complaints containing identical allegations, including the Agnello, Hughes, Mackonochie and Wagoner cases that were disclosed in the Company’s Annual Report on Form 10-K for the fiscal year ended February 2, 2019. We believe that any lawsuit filed on the basis of the safety of the Twin Hill uniforms supplied to American Airlines is without merit, and we intend to contest this action vigorously. Twin Hill has substantial and convincing evidence of the uniforms' safety and fitness for their intended purpose, and we believe that there is no evidence linking any of the plaintiffs' alleged injuries to our uniforms. The range of loss, if any, is not reasonably estimable at this time. We do not currently believe, however, that it will have a material adverse effect on our financial position, results of operations or cash flows. On August 16, 2019, we completed the sale of Twin Hill to a third-party pursuant to a Stock Purchase Agreement, but remain responsible for the above referenced American Airlines matters. On December 23, 2019, Himelda Mendez on behalf of herself and all others similarly situated, filed a lawsuit against Jos. A. Bank Clothiers, Inc. in the United States District Court for the Southern District of New York (Case No. 1:19-cv-11756-KPF). The complaint alleges the Company’s failure to offer Braille gift cards violates the Americans with Disabilities Act (“ADA”), the New York State Human Rights Law (“NYSHRL”), and the New York City Human Rights Law (“NYCHRL”). We believe the lawsuit is without merit, and we intend to contest this action vigorously. The range of loss, if any, is not reasonably estimable at this time. We do not currently believe, however, that it will have a material adverse effect on our financial position, results of operations or cash flows. On December 23, 2019, Himelda Mendez on behalf of herself and all others similarly situated, filed a lawsuit against The Men’s Wearhouse, Inc. in the United States District Court for the Southern District of New York (Case No. 1:19-cv-11765-RA). The complaint alleges the Company’s failure to offer Braille gift cards violates the ADA, the NYSHRL, and the NYCHRL. We believe the lawsuit is without merit, and we intend to contest this action vigorously. The range of loss, if any, is not reasonably estimable at this time. We do not currently believe, however, that it will have a material adverse effect on our financial position, results of operations or cash flows. On December 26, 2019, Himelda Mendez on behalf of herself and all others similarly situated, filed a lawsuit against JA Apparel Corp. dba Joseph Abboud in the United States District Court for the Southern District of New York (Case No. 1:19-cv-11807-VEC). The complaint alleges the Company’s failure to offer Braille gift cards violates the ADA, the NYSHRL, and the NYCHRL. We believe the lawsuit is without merit, and we intend to contest this action vigorously. The range of loss, if any, is not reasonably estimable at this time. We do not currently believe, however, that it will have a material adverse effect on our financial position, results of operations or cash flows. In addition, we are involved in various routine legal proceedings, including ongoing litigation, incidental to the conduct of our business. Management does not believe that any of these matters will have a material adverse effect on our financial position, results of operations or cash flows.

CONDENSED CONSOLIDATING FINANCI

CONDENSED CONSOLIDATING FINANCIAL INFORMATION	12 Months Ended
CONDENSED CONSOLIDATING FINANCIAL INFORMATION	Feb. 01, 2020
CONDENSED CONSOLIDATING FINANCIAL INFORMATION
Condensed Consolidating Information	21. CONDENSED CONSOLIDATING FINANCIAL INFORMATION As discussed in Note 6, The Men’s Wearhouse (the “Issuer”) issued $600.0 million in aggregate principal amount of 7.00% Senior Notes. The Senior Notes are guaranteed jointly and severally, on an unsecured basis by Tailored Brands, Inc. (the “Parent”) and certain of our U.S. subsidiaries (the “Guarantors”). Our foreign subsidiaries (collectively, the “Non-Guarantors”) are not guarantors of the Senior Notes. Each of the Guarantors is 100% owned and all guarantees are joint and several. In addition, the guarantees are full and unconditional except for certain automatic release provisions related to the Guarantors. These automatic release provisions are considered customary and include the sale or other disposition of all or substantially all of the assets or all of the capital stock of any subsidiary guarantor, the release or discharge of a guarantor’s guarantee of the obligations under the Term Loan other than a release or discharge through payment thereon, the designation in accordance with the Indenture of a guarantor as an unrestricted subsidiary or the satisfaction of the requirements for defeasance or discharge of the Senior Notes as provided for in the Indenture. The tables in the following pages present the condensed consolidating financial information for the Parent, the Issuer, the Guarantors and the Non-Guarantors, together with eliminations, as of and for the periods indicated. The consolidating financial information may not necessarily be indicative of the financial positions, results of operations or cash flows had the Parent, the Issuer, Guarantors and Non-Guarantors operated as independent entities. Tailored Brands, Inc. Condensed Consolidating Balance Sheet February 1, 2020 (in thousands) Tailored The Men’s Guarantor Non-Guarantor Brands, Inc. Wearhouse, Inc. Subsidiaries Subsidiaries Eliminations Consolidated ASSETS CURRENT ASSETS: Cash and cash equivalents $ — $ 961 $ 1,495 $ 11,964 $ — $ 14,420 Accounts receivable, net — 28,603 345,683 49,043 (383,356) 39,973 Inventories — 136,228 420,339 140,090 — 696,657 Other current assets 10,379 11,145 56,192 16,349 (10,000) 84,065 Total current assets 10,379 176,937 823,709 217,446 (393,356) 835,115 Property and equipment, net — 173,271 199,396 23,145 — 395,812 Operating lease right-of-use assets — 458,209 368,748 53,334 — 880,291 Rental product, net — 81,370 2,370 9,157 — 92,897 Goodwill — 6,160 52,128 20,983 — 79,271 Intangible assets, net — — 116,843 — — 116,843 Investments in subsidiaries 86,771 1,180,304 — — (1,267,075) — Other assets — 10,269 8,367 3,694 (3,600) 18,730 Total assets $ 97,150 $ 2,086,520 $ 1,571,561 $ 327,759 $ (1,664,031) $ 2,418,959 LIABILITIES AND SHAREHOLDERS' EQUITY CURRENT LIABILITIES: Accounts payable $ 189,526 $ 236,592 $ 68,845 $ 72,290 $ (383,356) $ 183,897 Accrued expenses and other current liabilities 2,207 148,929 91,349 17,041 (10,000) 249,526 Current portion of operating lease liabilities — 99,195 75,229 11,880 — 186,304 Current portion of long-term debt — 9,000 — — — 9,000 Total current liabilities 191,733 493,716 235,423 101,211 (393,356) 628,727 Long-term debt, net — 1,094,398 — — — 1,094,398 Operating lease liabilities — 381,150 303,040 42,137 — 726,327 Deferred taxes, net and other liabilities 3,723 30,485 23,022 14,183 (3,600) 67,813 Shareholders' (deficit) equity (98,306) 86,771 1,010,076 170,228 (1,267,075) (98,306) Total liabilities and shareholders' equity $ 97,150 $ 2,086,520 $ 1,571,561 $ 327,759 $ (1,664,031) $ 2,418,959 Tailored Brands, Inc. Condensed Consolidating Balance Sheet February 2, 2019 (in thousands) Tailored The Men’s Guarantor Non-Guarantor Brands, Inc. Wearhouse, Inc. Subsidiaries Subsidiaries Eliminations Consolidated ASSETS CURRENT ASSETS: Cash and cash equivalents $ — $ 970 $ 1,434 $ 30,267 $ — $ 32,671 Accounts receivable, net — 23,954 255,091 53,610 (297,969) 34,686 Inventories — 149,923 429,952 144,211 — 724,086 Other current assets — 30,699 37,621 3,773 (5,270) 66,823 Current assets - discontinued operations — — 41,404 129,972 — 171,376 Total current assets — 205,546 765,502 361,833 (303,239) 1,029,642 Property and equipment, net — 194,290 207,934 22,092 — 424,316 Rental product, net — 81,809 3,426 14,535 — 99,770 Goodwill — 6,160 52,128 21,203 — 79,491 Intangible assets, net — — 153,711 — — 153,711 Investments in subsidiaries 160,057 1,234,005 — — (1,394,062) — Other assets — 7,590 640 5,059 (4,800) 8,489 Non-current assets - discontinued operations — — 1,906 23,165 — 25,071 Total assets $ 160,057 $ 1,729,400 $ 1,185,247 $ 447,887 $ (1,702,101) $ 1,820,490 LIABILITIES AND SHAREHOLDERS' EQUITY CURRENT LIABILITIES: Accounts payable $ 142,701 $ 201,799 $ 67,044 $ 91,200 $ (297,969) $ 204,775 Accrued expenses and other current liabilities 6,697 146,683 105,022 29,044 (5,270) 282,176 Current portion of long-term debt — 11,619 — — — 11,619 Current liabilities - discontinued operations — — 7,073 32,952 — 40,025 Total current liabilities 149,398 360,101 179,139 153,196 (303,239) 538,595 Long-term debt, net — 1,153,242 — — — 1,153,242 Deferred taxes, net and other liabilities 7,028 56,000 43,495 17,822 (4,800) 119,545 Non-current liabilities - discontinued operations — — 1,574 3,903 — 5,477 Shareholders' equity 3,631 160,057 961,039 272,966 (1,394,062) 3,631 Total liabilities and shareholders' equity $ 160,057 $ 1,729,400 $ 1,185,247 $ 447,887 $ (1,702,101) $ 1,820,490 Tailored Brands, Inc. Condensed Consolidating Statement of Earnings (Loss) (in thousands) Tailored The Men’s Guarantor Non-Guarantor Brands, Inc. Wearhouse, Inc. Subsidiaries Subsidiaries Eliminations Consolidated Year Ended February 1, 2020 Net sales $ — $ 1,650,102 $ 1,586,697 $ 719,517 $ (1,075,055) $ 2,881,261 Cost of sales — 916,900 1,268,680 602,124 (1,075,055) 1,712,649 Gross margin — 733,202 318,017 117,393 — 1,168,612 Operating expenses 3,071 652,665 527,887 86,926 (199,775) 1,070,774 Operating (loss) income (3,071) 80,537 (209,870) 30,467 199,775 97,838 Other income and expenses, net — — 198,981 794 (199,775) — Interest (expense) income, net (4,132) (70,779) 4,851 (689) — (70,749) Loss on extinguishment of debt, net — (77) — — — (77) (Loss) earnings before income taxes (7,203) 9,681 (6,038) 30,572 — 27,012 (Benefit) provision for income taxes (2,847) (7,370) 7,516 4,346 — 1,645 (Loss) earnings before equity in net income of subsidiaries (4,356) 17,051 (13,554) 26,226 — 25,367 Equity in (loss) earnings of subsidiaries (77,920) (65,539) — — 143,459 — Net (loss) earnings from continuing operations (82,276) (48,488) (13,554) 26,226 143,459 25,367 Net (loss) earnings from discontinued operations, net of tax — (29,432) 2,013 (80,224) — (107,643) Net (loss) earnings $ (82,276) $ (77,920) $ (11,541) $ (53,998) $ 143,459 $ (82,276) Comprehensive (loss) income $ (82,811) $ (99,678) $ (11,541) $ (59,660) $ 170,879 $ (82,811) Year Ended February 2, 2019 Net sales $ — $ 1,735,743 $ 1,519,548 $ 450,247 $ (701,027) $ 3,004,511 Cost of sales — 886,137 1,172,665 336,128 (701,027) 1,693,903 Gross margin — 849,606 346,883 114,119 — 1,310,608 Operating expenses 4,489 538,469 531,206 67,145 (56,263) 1,085,046 Operating (loss) income (4,489) 311,137 (184,323) 46,974 56,263 225,562 Other income and expenses, net — — 55,582 681 (56,263) — Interest (expense) income, net (3,950) (85,011) 7,949 2,005 — (79,007) Loss on extinguishment of debt, net — (30,253) — — — (30,253) (Loss) earnings before income taxes (8,439) 195,873 (120,792) 49,660 — 116,302 (Benefit) provision for income taxes (1,056) 35,334 (25,295) 8,723 — 17,706 (Loss) earnings before equity in net income of subsidiaries (7,383) 160,539 (95,497) 40,937 — 98,596 Equity in earnings (loss) of subsidiaries 90,623 (69,916) — — (20,707) — Net earnings (loss) from continuing operations 83,240 90,623 (95,497) 40,937 (20,707) 98,596 Net earnings (loss) from discontinued operations, net of tax — — 3,208 (18,564) — (15,356) Net earnings (loss) $ 83,240 $ 90,623 $ (92,289) $ 22,373 $ (20,707) $ 83,240 Comprehensive income (loss) $ 60,043 $ 83,146 $ (92,323) $ 6,687 $ 2,490 $ 60,043 Tailored Brands, Inc. Condensed Consolidating Statement of Earnings (Loss) (in thousands) Tailored The Men’s Guarantor Non-Guarantor Brands, Inc. Wearhouse, Inc. Subsidiaries Subsidiaries Eliminations Consolidated Year Ended February 3, 2018 Net sales $ — $ 1,737,651 $ 1,596,153 $ 543,558 $ (824,341) $ 3,053,021 Cost of sales — 897,429 1,213,089 425,416 (824,341) 1,711,593 Gross margin — 840,222 383,064 118,142 — 1,341,428 Operating expenses 3,453 648,569 546,290 73,683 (146,663) 1,125,332 Operating (loss) income (3,453) 191,653 (163,226) 44,459 146,663 216,096 Other income and expenses, net — — 145,002 1,661 (146,663) — Interest (expense) income, net (442) (105,009) 6,606 (1,062) — (99,907) Gain on extinguishment of debt, net — 5,445 — — — 5,445 (Loss) earnings before income taxes (3,895) 92,089 (11,618) 45,058 — 121,634 (Benefit) provision for income taxes (3,444) 54,744 (42,247) 25,564 — 34,617 (Loss) earnings before equity in net income of subsidiaries (451) 37,345 30,629 19,494 — 87,017 Equity in earnings of subsidiaries 97,154 59,809 — — (156,963) — Net earnings from continuing operations 96,703 97,154 30,629 19,494 (156,963) 87,017 Net earnings from discontinued operations, net of tax — — 3,436 6,250 — 9,686 Net earnings $ 96,703 $ 97,154 $ 34,065 $ 25,744 $ (156,963) $ 96,703 Comprehensive income $ 126,004 $ 100,186 $ 34,050 $ 52,028 $ (186,264) $ 126,004 Tailored Brands, Inc. Condensed Consolidating Statement of Cash Flows Year Ended February 1, 2020 (in thousands) Tailored The Men’s Guarantor Non-Guarantor Brands, Inc. Wearhouse, Inc. Subsidiaries Subsidiaries Eliminations Consolidated Net cash provided by (used in) operating activities $ 37,726 $ 463,543 $ 50,116 $ (400,173) $ (51,571) $ 99,641 CASH FLOWS FROM INVESTING ACTIVITIES: Capital expenditures — (28,542) (50,117) (9,843) — (88,502) Proceeds from divestiture of business, net — — — 45,034 — 45,034 Proceeds from sales of property and equipment — 311 — — — 311 Intercompany activities — (359,023) — (40,953) 399,976 — Net cash (used in) provided by investing activities — (387,254) (50,117) (5,762) 399,976 (43,157) CASH FLOWS FROM FINANCING ACTIVITIES: Payments on new term loan — (9,370) — — — (9,370) Proceeds from asset-based revolving credit facility — 1,333,000 — — — 1,333,000 Payments on asset-based revolving credit facility — (1,331,500) — — — (1,331,500) Repurchase and retirement of senior notes — (54,425) — — — (54,425) Intercompany activities — (14,003) — 362,408 (348,405) — Cash dividends paid (28,071) — — — — (28,071) Proceeds from issuance of common stock 1,561 — — — — 1,561 Tax payments related to vested deferred stock units (1,216) — — — — (1,216) Repurchases of common stock (10,000) — — — — (10,000) Net cash (used in) provided by financing activities (37,726) (76,298) — 362,408 (348,405) (100,021) Effect of exchange rate changes — — — 2,526 — 2,526 Increase (decrease) in cash and cash equivalents — (9) (1) (41,001) — (41,011) Cash and cash equivalents at beginning of period — 970 1,496 52,965 — 55,431 Cash and cash equivalents at end of period $ — $ 961 $ 1,495 $ 11,964 $ — $ 14,420 Tailored Brands, Inc. Condensed Consolidating Statement of Cash Flows Year Ended February 2, 2019 (in thousands) Tailored The Men’s Guarantor Non-Guarantor Brands, Inc. Wearhouse, Inc. Subsidiaries Subsidiaries Eliminations Consolidated Net cash provided by (used in) operating activities $ 38,198 $ 674,432 $ 29,247 $ (382,259) $ (36,946) $ 322,672 CASH FLOWS FROM INVESTING ACTIVITIES: Capital expenditures — (26,731) (47,686) (7,869) — (82,286) Proceeds from divestiture of business, net — — 17,755 — — 17,755 Intercompany activities — (321,970) — 75,135 246,835 — Net cash (used in) provided by investing activities — (348,701) (29,931) 67,266 246,835 (64,531) CASH FLOWS FROM FINANCING ACTIVITIES: Payments on original term loan — (993,420) — — — (993,420) Proceeds from new term loan — 895,500 — — — 895,500 Payments on new term loan — (9,000) — — — (9,000) Proceeds from asset-based revolving credit facility — 655,500 — — — 655,500 Payments on asset-based revolving credit facility — (607,000) — — — (607,000) Repurchase and retirement of senior notes — (199,365) — — — (199,365) Deferred financing costs — (6,713) — — — (6,713) Intercompany activities — (112,081) — 321,970 (209,889) — Cash dividends paid (36,946) — — — — (36,946) Proceeds from issuance of common stock 6,649 — — — — 6,649 Tax payments related to vested deferred stock units (7,901) — — — — (7,901) Net cash (used in) provided by financing activities (38,198) (376,579) — 321,970 (209,889) (302,696) Effect of exchange rate changes — — — (3,621) — (3,621) (Decrease) increase in cash and cash equivalents — (50,848) (684) 3,356 — (48,176) Cash and cash equivalents at beginning of period — 51,818 2,180 49,609 — 103,607 Cash and cash equivalents at end of period $ — $ 970 $ 1,496 $ 52,965 $ — $ 55,431 Tailored Brands, Inc. Condensed Consolidating Statement of Cash Flows Year Ended February 3, 2018 (in thousands) Tailored The Men’s Guarantor Non-Guarantor Brands, Inc. Wearhouse, Inc. Subsidiaries Subsidiaries Eliminations Consolidated Net cash provided by (used in) operating activities $ 35,545 $ 520,678 $ 61,823 $ (231,517) $ (35,761) $ 350,768 CASH FLOWS FROM INVESTING ACTIVITIES: Capital expenditures — (25,729) (63,681) (5,548) — (94,958) Acquisition of business, net of cash — — — (457) — (457) Intercompany activities — (285,500) — (75,135) 360,635 — Proceeds from sale of property and equipment — 3,323 2,157 — — 5,480 Net cash used in investing activities — (307,906) (61,524) (81,140) 360,635 (89,935) CASH FLOWS FROM FINANCING ACTIVITIES: Payments on original term loan — (53,379) — — — (53,379) Proceeds from asset-based revolving credit facility — 276,300 — — — 276,300 Payments on asset-based revolving credit facility — (276,300) — — — (276,300) Repurchase and retirement of senior notes — (145,371) — — — (145,371) Deferred financing costs — (2,580) — — — (2,580) Intercompany activities — 39,374 — 285,500 (324,874) — Cash dividends paid (35,761) — — — — (35,761) Proceeds from issuance of common stock 1,903 — — — — 1,903 Tax payments related to vested deferred stock units (1,687) — — — — (1,687) Net cash (used in) provided by financing activities (35,545) (161,956) — 285,500 (324,874) (236,875) Effect of exchange rate changes — — — 8,760 — 8,760 Increase (decrease) in cash and cash equivalents — 50,816 299 (18,397) — 32,718 Cash and cash equivalents at beginning of period — 1,002 1,881 68,006 — 70,889 Cash and cash equivalents at end of period $ — $ 51,818 $ 2,180 $ 49,609 $ — $ 103,607

QUARTERLY RESULTS OF OPERATIONS

QUARTERLY RESULTS OF OPERATIONS (Unaudited)	12 Months Ended
QUARTERLY RESULTS OF OPERATIONS (Unaudited)	Feb. 01, 2020
QUARTERLY RESULTS OF OPERATIONS (Unaudited)
QUARTERLY RESULTS OF OPERATIONS (Unaudited)	22. QUARTERLY RESULTS OF OPERATIONS (Unaudited) Our quarterly results of operations reflect all adjustments, which are, in the opinion of management, necessary for a fair statement of the results for the interim periods presented. The consolidated results of operations by quarter for fiscal 2019 and 2018 are presented below (in thousands, except per share amounts): Fiscal 2019 Quarters Ended (1) May 4, August 3, November 2, February 1, 2019 (2) 2019 (3) 2019 (4) 2020 (5) Net sales $ 724,662 $ 736,145 $ 729,481 $ 690,973 Gross margin 304,875 318,875 308,028 236,834 Net earnings (loss) from continuing operations 6,480 29,656 27,788 (38,557) Earnings (loss) from discontinued operations, net of tax 662 4,610 (117,378) 4,463 Net earnings (loss) 7,142 34,266 (89,590) (34,094) Net earnings (loss) from continuing operations per common share: Basic $ 0.13 $ 0.59 $ 0.56 $ (0.80) Diluted $ 0.13 $ 0.59 $ 0.56 $ (0.80) Net earnings (loss) from discontinued operations per common share: Basic $ 0.01 $ 0.09 $ (2.36) $ 0.09 Diluted $ 0.01 $ 0.09 $ (2.35) $ 0.09 Net earnings (loss) per common share: Basic $ 0.14 $ 0.68 $ (1.80) $ (0.70) Diluted $ 0.14 $ 0.68 $ (1.80) $ (0.70) Fiscal 2018 Quarters Ended (1) May 5, August 4, November 3, February 2, 2018 (6) 2018 (7) 2018 (8) 2019 (9) Net sales $ 754,843 $ 767,914 $ 751,741 $ 730,013 Gross margin 328,291 353,545 345,494 283,278 Net earnings from continuing operations 12,287 47,724 34,787 3,798 Earnings (loss) from discontinued operations, net of tax 1,622 1,514 (20,912) 2,420 Net earnings 13,909 49,238 13,875 6,218 Net earnings from continuing operations per common share: Basic $ 0.25 $ 0.96 $ 0.70 $ 0.08 Diluted $ 0.24 $ 0.94 $ 0.69 $ 0.08 Net earnings (loss) from discontinued operations per common share: Basic $ 0.03 $ 0.03 $ (0.42) $ 0.05 Diluted $ 0.03 $ 0.03 $ (0.41) $ 0.05 Net earnings per common share: Basic $ 0.28 $ 0.99 $ 0.28 $ 0.12 Diluted $ 0.27 $ 0.97 $ 0.27 $ 0.12 (1) Due to the method of calculating weighted-average shares outstanding, the sum of the quarterly per share amounts may not equal net earnings (loss) per common share for the respective years. (2) Includes pre-tax expenses of $4.4 million relating to multi-year cost savings and operational excellence programs. Of the $4.4 million, $0.2 million is included in cost of sales and $4.2 million is included in SG&A. (3) Includes pre-tax expenses of $11.3 million relating to multi-year cost savings and operational excellence programs. Of the $11.3 million, $2.9 million is included in cost of sales and $8.4 million is included in SG&A. (4) Includes pre-tax expenses of $6.2 million relating to multi-year cost savings and operational excellence programs within SG&A. In addition, within provision for income taxes, includes the net release of $5.9 million of valuation allowances. (5) Includes pre-tax expenses of $17.4 million relating to the agreement to sell the Joseph Abboud trademarks and $5.3 million relating to multi-year cost savings and operational excellence programs. Of the $22.7 million, $13.4 million is included in cost of sales and $9.3 million is included in SG&A. (6) Includes pre-tax expenses of $15.5 million with $11.9 million relating to the refinancing of the Term Loan and $3.6 million relating to the loss upon divestiture of the MW Cleaners business. Of the $15.5 million, $3.6 million is included in SG&A and $11.9 million is included in loss on extinguishment of debt. (7) Includes pre-tax expenses of $12.7 million with $8.1 million relating to the partial redemption of Senior Notes, $4.4 million relating to the closure of a rental product distribution center and $0.2 million relating to the divestiture of the MW Cleaners business. Of the $12.7 million, $4.0 million is included in cost of sales, $0.6 million is included in SG&A and $8.1 million is included in loss on extinguishment of debt. (8) Includes pre-tax expenses of $16.4 million with $9.4 million relating to the repricing of the Term Loan, $6.4 million relating to CEO retirement costs and $0.6 million relating to the closure of a rental product distribution center. Of the $16.4 million, less than $0.1 million is included in cost of sales, $7.0 million is included in SG&A, and $9.4 million is included in loss on extinguishment of debt. (9) Includes a $17.6 million increase in net sales reflecting the impact of changes related to our loyalty programs . In addition, within provision for income taxes, includes a discrete net tax benefit of $6.1 million related to the completion of our accounting for the effects of the Tax Reform Act.

SUBSEQUENT EVENT

SUBSEQUENT EVENT	12 Months Ended
SUBSEQUENT EVENT	Feb. 01, 2020
SUBSEQUENT EVENT.
SUBSEQUENT EVENT	23. SUBSEQUENT EVENTS Sale of Joseph Abboud Trademarks On March 4, 2020, we closed on our previously announced transaction to sell the Joseph Abboud trademarks to WHP Global (“WHP”) for $115 million. The Company has also entered into a licensing agreement with WHP for the exclusive rights to sell and rent Joseph Abboud branded apparel and related merchandise in the U.S. and Canada. Recent Developments Beginning in early March 2020, a major global health pandemic related to the outbreak of the novel coronavirus (“COVID-19”) resulted in a significant decrease in store traffic and comparable sales as well as cancellations of high school proms and other special events, coinciding with heightened actions taken by governments and citizens to curb the spread of virus. In response, we are taking aggressive and prudent actions to reduce expenses, and defer discretionary capital expenditures and inventory purchases to preserve our cash. In addition to these efforts, in an abundance of caution and as a proactive measure, on March 16, 2020, we executed a borrowing of $260.0 million under our ABL Facility. Furthermore, after assessing the remaining availability under the ABL Facility and determining that additional borrowings were prudent to maximize cash on hand, on March 19, 2020 and on March 31, 2020, respectively, we borrowed an additional $25.0 million under the ABL Facility. On March 17, 2020, we announced the temporary closure of our retail locations in the U.S. and Canada starting March 17, 2020 through March 28, 2020. On March 19, 2020, we announced the closure of our e-commerce fulfillment centers starting March 20, 2020 through March 28, 2020. On March 26, 2020, we extended the temporary closing of our retail stores until at least May 4, 2020. In conjunction with our decision to extend the temporary closure of our stores, we have also furloughed all of our U.S. store employees as well as a significant portion of employees in our U.S. distribution network and offices, and we implemented the temporary layoff of all Canadian store employees and a significant portion of Canadian employees in our Canadian distribution network and offices. Furthermore, in light of our store closures, we have taken certain actions with respect to some or all of our existing leases, including engaging with landlords to discuss rent reductions and/or rent deferrals, or discontinuing payment. Effective March 29, 2020, the base salary of our Chief Executive Officer will be reduced by 50%. The base salary of all other named executive officers and other executives directly reporting to our Chief Executive Officer will be reduced by 25%. In addition, the base salaries of other members of our senior management team will be also be reduced. The Board of Directors has also agreed to a 50% reduction in its retainer fees. Effective April 5, 2020, all employees with a base salary in excess of $100,000 will have their salaries reduced by 10%. On March 31, 2020, we announced that, after instituting enhanced social distancing and sanitation protocols that meet or exceed those recommended by the Centers for Disease Control and Prevention (“CDC”), our e-commerce fulfillment centers were reopened. We will continue to monitor this ongoing situation, relying on recommendations from the CDC, the World Health Organization (“WHO”) and government officials to regularly evaluate the renewed operations at our e-commerce fulfillment centers and determine when currently closed facilities will reopen. While we cannot reasonably estimate the impact of COVID-19 on our financial position, results of operations and cash flows, we do expect such impact to be significantly negative. The extent to which COVID-19 impacts our operations will depend on future developments, which are highly uncertain, including, among others, the duration of the outbreak, new information that may emerge concerning the severity of COVID-19 and the actions, especially those taken by governmental authorities, to contain the pandemic or treat its impact. As events are rapidly changing, additional impacts may arise that we are not aware of currently.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	Feb. 01, 2020
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Organization and Business	Organization and Business— Our retail stores operate under the Men’s Wearhouse, Men’s Wearhouse and Tux, Jos. A. Bank Clothiers (“Jos. A. Bank”), Moores Clothing for Men (“Moores”) and K&G names and carry a wide selection of exclusive and non-exclusive merchandise brands. In addition, we offer our customers alteration services and most of our K&G stores also offer women’s career and casual apparel, sportswear and accessories, including shoes, and children’s apparel . On August 16, 2019, we completed the sale of MWUK Limited, our UK corporate apparel operations conducted by Dimensions, Alexandra, and Yaffy to Project Dart Bidco Limited, pursuant to a Share Purchase Agreement entered into on that same date. In addition, we also completed the sale of Twin Hill Acquisition Company, Inc. (“Twin Hill”), to TH Holdco Inc., pursuant to a Stock Purchase Agreement entered into on August 16, 2019. The aggregate consideration for all of the outstanding equity of MWUK Limited and Twin Hill (collectively, the “corporate apparel business”) was approximately $62 million, subject to certain working capital adjustments. See Note 2 for additional information. Unless noted otherwise, discussion in these notes to the consolidated financial statements pertain to our continuing operations. We follow the standard fiscal year of the retail industry, which is a 52-week or 53-week period ending on the Saturday closest to January 31. The periods presented in these financial statements are the fiscal years ended February 1, 2020 (“fiscal 2019”), February 2, 2019 (“fiscal 2018”), and February 3, 2018 (“fiscal 2017”). Each of these periods had 52 weeks except for fiscal 2017, which consisted of 53 weeks.
Principles of Consolidation	Principles of Consolidation
Reclassifications	Reclassifications
Use of Estimates	Use of Estimates
Segment information	Segment information
Cash and Cash Equivalents	Cash and Cash Equivalents
Accounts Receivable	Accounts Receivable
Inventories	Inventories
Assets Held for Sale	Assets Held for Sale
Property and Equipment	Property and Equipment Buildings are depreciated using the straight-line method over their estimated useful lives of 10 five two Depreciation expense was $102.4 million, $98.1 million and $100.1 million for fiscal 2019, 2018 and 2017, respectively.
Rental Product	Rental Product
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets Asset impairment charges totaled $3.4 million, $1.0 million and $3.5 million for fiscal 2019, 2018 and 2017, respectively. The $3.4 million and $1.0 million of asset impairment charges recorded in fiscal 2019 and 2018, respectively, relates to long-lived assets at our Joseph Abboud store and other underperforming stores. Of the $3.5 million recorded in fiscal 2017, $1.2 million relates to fixed assets in our tuxedo shops within Macy’s (see Note 4 for additional information) and the remainder relates to underperforming stores.
Goodwill and Other Indefinite-Lived Intangible Assets	Goodwill and Other Indefinite-Lived Intangible Assets For purposes of our goodwill impairment evaluation, each of our merchandising brands are separate reporting units. Goodwill has been assigned to the reporting units based on prior business combinations related to the reporting units and our annual impairment assessment occurs on the last day of the second month of our fiscal fourth quarter. Our goodwill assessment consists of either using a qualitative approach to determine whether it is more likely than not that the fair value of the assets is less than their respective carrying values or a quantitative impairment test, if necessary. In performing the qualitative assessment, we consider many factors in evaluating whether the carrying value of the asset may not be recoverable, including macroeconomic conditions, retail industry considerations, recent financial performance and declines in stock price and market capitalization. Indefinite-lived intangible assets are not subject to amortization but are reviewed at least annually for impairment. The indefinite-lived intangible asset impairment evaluation is performed by comparing the fair value of the indefinite-lived intangible assets to their carrying values. Similar to the goodwill approach described above, our annual impairment assessment for indefinite-lived intangible assets contemplates the use of either a qualitative approach to determine whether it is more likely than not that the fair value of the assets is less than their respective carrying values or a quantitative impairment test, if necessary. We estimate the fair values of these intangible assets based on an income approach using the relief-from-royalty method. This approach is dependent upon a number of factors, including estimates of future growth and trends, royalty rates, discount rates and other variables. We base our fair value estimates on assumptions we believe to be reasonable, but which are unpredictable and inherently uncertain. If the carrying value exceeds its estimated fair value, an impairment loss is recognized in the amount by which the carrying amount exceeds the estimated fair value of the asset. As a result of our annual impairment evaluations, we believe that, as of February 1, 2020, none of our goodwill and indefinite-lived intangible assets are impaired.
Derivative Financial Instruments	Derivative Financial Instruments
Self-Insurance	Self-Insurance
Sabbatical Leave	Sabbatical Leave
Income Taxes	Income Taxes The tax benefit from an uncertain tax position is recognized only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such positions are then measured based on the largest benefit that has a greater than 50% likelihood of being realized upon settlement. Interest and/or penalties related to uncertain tax positions are recognized in income tax expense.
Revenue Recognition	Revenue Recognition Revenue from Contracts with Customers
Leases	Leases Leases
Advertising	Advertising
New Store Costs	New Store Costs
Store Closures and Relocations	Store Closures and Relocations
Share-Based Compensation	Share-Based Compensation During the first quarter of fiscal 2017, we adopted Accounting Standards Update (“ASU”) No. 2016-09, Compensation-Stock Compensation We use the Black-Scholes option pricing model to estimate the fair value of stock options and stock appreciation rights on the date of grant. The fair value of deferred stock units, performance units, and restricted stock is determined based on the number of shares granted and the quoted closing price of our common stock on the date of grant. Awards settled in cash are classified as liabilities and the fair value of awards settled in cash will be remeasured at each reporting period until the awards are settled. The value of the portion of the award that is ultimately expected to vest is recognized as expense over the requisite service period. Compensation expense for performance-based awards is recorded based on the amount of the award ultimately expected to vest and the level and likelihood of the performance condition to be met. For grants with a service condition only that are subject to graded vesting, we recognize expense on a straight-line basis over the requisite service period for the entire award. Share-based compensation expense, including cash settled awards, recognized for fiscal 2019, 2018 and 2017 was $8.6 million, $17.7 million and $24.1 million, respectively. Total income tax benefit recognized in net (loss) earnings for share-based compensation arrangements was $2.2 million, $4.4 million and $9.1 million for fiscal 2019, 2018 and 2017, respectively. See Note 15 for additional disclosures regarding share-based compensation.
Foreign Currency Translation	Foreign Currency Translation
Comprehensive (Loss) Income	Comprehensive (Loss) Income
(Loss) earnings per share	(Loss) earnings per share
Treasury stock	Treasury stock
Recent Accounting Pronouncements	Recent Accounting Pronouncements In August 2018, the Financial Accounting Standards Board (“FASB”) issued ASU 2018-15, Intangibles-Goodwill and Other-Internal Use Software: Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract

DISCONTINUED OPERATIONS (Tables

DISCONTINUED OPERATIONS (Tables)	12 Months Ended
DISCONTINUED OPERATIONS (Tables)	Feb. 01, 2020
DISCONTINUED OPERATIONS
Summary of information attributable to discontinued operations	February 2, 2019 ASSETS Cash and cash equivalents $ 22,760 Accounts receivable, net 38,387 Inventories 106,340 Other current assets 3,889 Total current assets 171,376 Property and equipment, net 14,856 Other assets 10,215 Total assets $ 196,447 LIABILITIES Accounts payable $ 24,204 Accrued expenses and other current liabilities 15,821 Total current liabilities 40,025 Other liabilities 5,477 Total liabilities $ 45,502 The following table provides details of the amounts reflected in (loss) earnings from discontinued operations, net of tax in the consolidated statements of (loss) earnings for fiscal 2019, 2018 and 2017 (in thousands): Fiscal Year 2019 2018 2017 Net sales $ 117,444 $ 235,391 $ 251,325 Cost of sales 85,042 168,532 183,987 Selling, general and administrative expenses 30,049 56,491 54,018 Goodwill impairment charge — 23,991 — Interest expense, net — 3 Loss on sale of corporate apparel business 83,513 — — Loss on release of cumulative foreign currency translation adjustment 26,885 — — (Loss) earnings from discontinued operations before taxes (108,045) (13,626) 13,320 Income tax (benefit) expense (402) 1,730 3,634 (Loss) earnings from discontinued operations, net of tax $ (107,643) $ (15,356) $ 9,686 The cash flows related to discontinued operations have not been segregated, and are included in the consolidated statements of cash flows. The following table provides selected information on cash flows related to discontinued operations for fiscal 2019, 2018 and 2017 (in thousands): Fiscal Year 2019 2018 2017 Depreciation and amortization $ 3,102 $ 6,501 $ 6,197 Capital expenditures 2,691 3,744 3,663 Significant non-cash operating and investing items: Goodwill impairment charge — 23,991 — Loss on divestiture of business 83,513 — — Loss on release of cumulative foreign currency translation adjustment 26,885 — — Receivable related to sale of corporate apparel business $ 6,048 $ — $ —

(LOSS) EARNINGS PER SHARE (Tabl

(LOSS) EARNINGS PER SHARE (Tables)	12 Months Ended
(LOSS) EARNINGS PER SHARE (Tables)	Feb. 01, 2020
(LOSS) EARNINGS PER SHARE
Computation of basic and diluted earnings per common share	Fiscal Year 2019 2018 2017 Numerator Net earnings from continuing operations $ 25,367 $ 98,596 $ 87,017 (Loss) earnings from discontinued operations, net of tax (107,643) (15,356) 9,686 Net (loss) earnings $ (82,276) $ 83,240 $ 96,703 Denominator Basic weighted-average common shares outstanding 49,774 49,856 49,094 Dilutive effect of share-based awards 155 869 374 Diluted weighted-average common shares outstanding 49,929 50,725 49,468 Net earnings from continuing operations per common share: Basic $ 0.51 $ 1.98 $ 1.77 Diluted $ 0.51 $ 1.94 $ 1.76 Net (loss) earnings from discontinued operations per common share: Basic $ (2.16) $ (0.31) $ 0.20 Diluted $ (2.16) $ (0.30) $ 0.20 Net (loss) earnings per common share: Basic $ (1.65) $ 1.67 $ 1.97 Diluted $ (1.65) $ 1.64 $ 1.95

DEBT (Tables)

DEBT (Tables)	12 Months Ended
DEBT (Tables)	Feb. 01, 2020
DEBT
Schedule of long-term debt	The following table provides details on our long-term debt as of February 1, 2020 and February 2, 2019 (in thousands): February 1, February 2, 2020 2019 Term Loan $ 881,630 $ 891,000 Senior Notes 173,816 228,607 ABL Facility 50,000 48,500 Less: Deferred financing costs related to the Term Loan and Senior Notes (2,048) (3,246) Total long-term debt, net 1,103,398 1,164,861 Current portion of long-term debt (9,000) (11,619) Total long-term debt, net of current portion $ 1,094,398 $ 1,153,242
Schedule of future principal payments due on long-term debt in next five years and thereafter	The following table provides principal payments due on long-term debt in the next five fiscal years and the remaining years thereafter (in thousands): Fiscal Year 2020 $ 9,000 2021 9,000 2022 232,816 2023 11,250 2024 6,750 Thereafter 836,630 Total long-term debt 1,105,446 Deferred financing costs (2,048) Total long-term debt, net $ 1,103,398

REVENUE RECOGNITION (Tables)

REVENUE RECOGNITION (Tables)	12 Months Ended
REVENUE RECOGNITION (Tables)	Feb. 01, 2020
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Schedule of disaggregation of revenue	The following table sets forth supplemental products and services sales information for the Company (in thousands): Fiscal Year 2019 2018 2017 Net sales: Men's tailored clothing product $ 1,305,913 $ 1,385,320 $ 1,351,881 Men's non-tailored clothing product 971,509 988,973 1,008,663 Women's clothing product 68,354 68,518 70,630 Other (1) 12,616 11,936 8,643 Total retail clothing product 2,358,392 2,454,747 2,439,817 Rental services 383,521 399,146 428,355 Alteration services 139,348 148,067 150,005 Retail dry cleaning services (2) — 2,551 34,844 Total alteration and other services 139,348 150,618 184,849 Total net sales $ 2,881,261 $ 3,004,511 $ 3,053,021 (1) Other consists of franchise and licensing revenues and gift card breakage. Franchise revenues are generally recognized at a point in time while licensing revenues consist primarily of minimum guaranteed royalty amounts recognized over an elapsed time period. (2) On March 3, 2018, we completed the divestiture of our MW Cleaners business. See Note 3 for additional information. Additional net sales information is as follows (in thousands): Fiscal Year 2019 2018 2017 Net sales: Men's Wearhouse (1) $ 1,655,924 $ 1,741,983 $ 1,742,668 Jos. A. Bank 706,040 722,887 735,149 K&G 318,363 319,476 323,994 Moores 200,934 217,614 216,366 MW Cleaners (2) — 2,551 34,844 Total net sales $ 2,881,261 $ 3,004,511 $ 3,053,021 (1) Consists of Men’s Wearhouse, Men’s Wearhouse and Tux, tuxedo shops within Macy's (all 170 of which were closed during 2017) and Joseph Abboud. (2) On March 3, 2018, we completed the divestiture of our MW Cleaners business. See Note 3 for additional information. The table below presents information related to geographic areas in which we operate, with net sales classified based primarily on the geographic area where our customer is located (in thousands): Fiscal Year 2019 2018 2017 Net sales: U.S. $ 2,680,327 $ 2,786,897 $ 2,836,655 Canada 200,934 217,614 216,366 Total net sales $ 2,881,261 $ 3,004,511 $ 3,053,021
Schedule of opening and closing balance of contract liabilities	The following table summarizes the opening and closing balances of our contract liabilities (in thousands): Balance at Increase Balance at February 2, 2019 (Decrease) February 1, 2020 Contract liabilities $ 121,796 $ (261) $ 121,535 Balance at Increase Balance at February 3, 2018 (Decrease) February 2, 2019 As Adjusted Contract liabilities $ 139,809 $ (18,013) $ 121,796
Accounting Standards Update 2014-09
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Schedule of cumulative effect of changes in adoption of ASU 606	The following table depicts the cumulative effect of the changes made to our February 3, 2018 balance sheet for the adoption of ASC 606 (in thousands): Reported Adjusted Balance at Impact of Balance at February 3, Adoption of February 3, 2018 ASC 606 2018 Assets: Accounts receivable, net $ 36,288 $ (303) $ 35,985 Other current assets 77,228 2,753 79,981 Current assets - discontinued operations 182,862 (17,837) 165,025 Liabilities: Accrued expenses and other current liabilities 246,946 52,673 299,619 Current liabilities - discontinued operations 62,188 (20,295) 41,893 Deferred taxes, net and other liabilities 160,163 (12,555) 147,608 Non-current liabilities - discontinued operations 4,028 614 4,642 Equity: Accumulated deficit $ (479,166) $ (35,824) $ (514,990)

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS (Tables)	12 Months Ended
GOODWILL AND INTANGIBLE ASSETS (Tables)	Feb. 01, 2020
GOODWILL AND INTANGIBLE ASSETS
Changes in the net carrying amount of goodwill	Changes in the net carrying amount of goodwill for the years ended February 1, 2020 and February 2, 2019 are as follows (in thousands): Total Balance at February 3, 2018 $ 94,305 Goodwill of divested business (see Note 3) (13,588) Translation adjustment (1,226) Balance at February 2, 2019 $ 79,491 Translation adjustment (220) Balance at February 1, 2020 $ 79,271
Gross carrying amount and accumulated amortization of identifiable intangible assets	The gross carrying amount and accumulated amortization of our identifiable intangible assets are as follows (in thousands): February 1, February 2, 2020 2019 Amortizable intangible assets: Carrying amount: Trademarks, tradenames and franchise agreements $ 13,506 $ 13,506 Favorable leases — 11,844 Total carrying amount 13,506 25,350 Accumulated amortization: Trademarks, tradenames and franchise agreements (9,863) (9,677) Favorable leases — (5,162) Total accumulated amortization (9,863) (14,839) Total amortizable intangible assets, net 3,643 10,511 Indefinite-lived intangible assets: Trademarks and tradename 113,200 143,200 Total intangible assets, net $ 116,843 $ 153,711

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
INCOME TAXES (Tables)	Feb. 01, 2020
INCOME TAXES
Earnings (loss) before income taxes	The following table provides details on our earnings before income taxes (in thousands): Fiscal Year 2019 2018 2017 United States $ (17,678) $ 73,775 $ 90,629 Foreign 44,690 42,527 31,005 Total $ 27,012 $ 116,302 $ 121,634 The provision for income taxes consists of the following (in thousands): Fiscal Year 2019 2018 2017 Current tax expense: Federal $ 4,231 $ 7,295 $ 25,578 State 2,196 4,853 5,055 Foreign 4,726 13,764 10,049 Deferred tax (benefit) expense: Federal and state (8,919) (2,472) (21,607) Foreign (589) (5,734) 15,542 Total $ 1,645 $ 17,706 $ 34,617
Provision (benefit) for income taxes	Fiscal Year 2019 2018 2017 United States $ (17,678) $ 73,775 $ 90,629 Foreign 44,690 42,527 31,005 Total $ 27,012 $ 116,302 $ 121,634
Effective tax rate reconciliation	Fiscal Year 2019 2018 2017 Federal statutory rate 21.0 % 21.0 % 33.7 % State income taxes, net of federal benefit (1.5) 4.1 1.4 Uncertain tax positions 0.1 (0.5) (15.1) Foreign tax rate differential (21.7) 4.3 (1.9) Amortizable tax goodwill — (4.3) (1.2) Foreign income taxed in the U.S. 15.8 1.8 — Return to provision (6.5) (4.2) (2.5) Valuation allowance 34.5 1.0 7.9 Tax credits (45.6) (6.1) (9.9) Impact of change to permanent reinvestment of foreign earnings 2.1 4.6 14.2 Impact of Tax Reform Act — (5.2) (0.2) Inventory donations (7.1) (1.7) (1.3) Stock compensation 9.2 — 2.3 Impact of ASC 810 3.7 0.6 — Meals and entertainment 2.4 0.5 0.4 Other (0.3) (0.7) 0.7 6.1 % 15.2 % 28.5 %
Schedule of deferred tax assets and liabilities and the related temporary differences	Total deferred tax assets and liabilities and the related temporary differences as of February 1, 2020 and February 2, 2019 were as follows (in thousands): February 1, February 2, 2020 2019 Deferred tax assets: Accrued rent and other expenses $ 20,439 $ 27,098 Accrued compensation 10,408 17,667 Accrued inventory reserves 8,159 5,654 Interest rate swap 8,649 1,558 Operating lease liabilities 218,257 9,249 Other 98 6,617 Tax attributes 56,955 32,030 Total deferred tax assets 322,965 99,873 Valuation allowance (30,123) (20,686) Net deferred tax assets 292,842 79,187 Deferred tax liabilities: Property and equipment (40,656) (47,287) Capitalized inventory costs (12,050) (12,538) Intangibles (40,558) (41,176) Investment in foreign subsidiaries (11,239) (12,321) Operating lease right-of-use assets (206,023) — Other (4,356) (8,863) Total deferred tax liabilities (314,882) (122,185) Net deferred tax liabilities $ (22,040) $ (42,998)
Summary of activity related to uncertain tax positions	The following table summarizes the activity related to our uncertain tax positions (in thousands): February 1, February 2, 2020 2019 Gross uncertain tax positions, beginning balance $ 619 $ 1,154 Increase in tax positions for prior years — — Decrease in tax positions for prior years — (535) Increase in tax positions due to business combinations — — Increase in tax positions for current year — — Decrease in tax positions for current year — — Settlements — — Lapse from statute of limitations — — Gross uncertain tax positions, ending balance $ 619 $ 619

INVENTORIES (Tables)

INVENTORIES (Tables)	12 Months Ended
INVENTORIES (Tables)	Feb. 01, 2020
INVENTORIES
Schedule of inventories	The following table provides details on our inventories as of February 1, 2020 and February 2, 2019 (in thousands): February 1, February 2, 2020 2019 Finished goods $ 554,706 $ 581,953 Raw materials and merchandise components 141,951 142,133 Total inventories $ 696,657 $ 724,086

OTHER CURRENT ASSETS, ACCRUED_2

OTHER CURRENT ASSETS, ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES AND DEFERRED TAXES AND OTHER LIABILITIES (Tables)	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019
OTHER CURRENT ASSETS, ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES AND DEFERRED TAXES AND OTHER LIABILITIES
Other current assets	The following table provides details on our other current assets as of February 1, 2020 and February 2, 2019 (in thousands): February 1, February 2, 2020 2019 Prepaid expenses $ 28,111 $ 53,455 Tax receivable 12,010 — Other 9,009 13,368 Total other current assets $ 49,130 $ 66,823 The decrease in prepaid expenses is primarily due to the impact on prepaid rent resulting from the adoption of ASC 842, effective February 3, 2019. See Note 17 for additional information. The following table provides details on our accrued expenses and other current liabilities as of February 1, 2020 and February 2, 2019 (in thousands): February 1, February 2, 2020 2019 Accrued salary, bonus, sabbatical, vacation and other benefits $ 58,264 $ 78,297 Loyalty program liabilities 43,692 44,434 Customer deposits, prepayments and refunds payable 39,527 38,436 Unredeemed gift cards 30,024 32,178 Sales, value added, payroll, property and other taxes payable 18,208 20,930 Accrued workers compensation and medical costs 20,954 23,893 Accrued dividends 380 10,480 Accrued interest 5,552 1,828 Unrealized loss on interest rate swaps 7,701 1,625 Accrued royalties 2,543 1,286 Other 19,265 15,311 Total accrued expenses and other current liabilities $ 246,110 $ 268,698
Accrued expenses and other current liabilities	February 1, February 2, 2020 2019 Prepaid expenses $ 28,111 $ 53,455 Tax receivable 12,010 — Other 9,009 13,368 Total other current assets $ 49,130 $ 66,823
Deferred taxes, net and other liabilities		The following table provides details on our deferred taxes, net and other liabilities as of February 1, 2020 and February 2, 2019 (in thousands): February 1, February 2, 2020 2019 Deferred and other income tax liabilities, net $ 36,373 $ 48,199 Unrealized loss on interest rate swaps 26,885 7,605 Deferred rent and landlord incentives — 57,351 Unfavorable lease liabilities — 1,797 Other 4,555 4,593 Total deferred taxes, net and other liabilities $ 67,813 $ 119,545

ACCUMULATED OTHER COMPREHENSI_2

ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME (Tables)	12 Months Ended
ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME (Tables)	Feb. 01, 2020
ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME
Summary of components of accumulated other comprehensive (loss) income	The following table summarizes the components of accumulated other comprehensive (loss) income during fiscal 2019, 2018 and 2017 (in thousands and net of tax): Foreign Currency Cash Flow Pension Translation Hedges Plan Total BALANCE— January 28, 2017 $ (40,205) $ (82) $ 204 $ (40,083) Other comprehensive (loss) income before reclassifications 29,089 (3,359) (20) 25,710 Amounts reclassified from accumulated other comprehensive loss — 4,682 — 4,682 Tax effect — (1,096) 5 (1,091) Net other comprehensive income (loss) 29,089 227 (15) 29,301 BALANCE— February 3, 2018 (11,116) 145 189 (10,782) Other comprehensive loss before reclassifications (18,704) (8,393) (45) (27,142) Amounts reclassified from accumulated other comprehensive loss — 2,178 2,178 Tax effect — 1,756 11 1,767 Net other comprehensive loss (18,704) (4,459) (34) (23,197) BALANCE— February 2, 2019 (29,820) (4,314) 155 (33,979) Other comprehensive loss before reclassifications (4,847) (30,578) (701) (36,126) Amounts reclassified from accumulated other comprehensive loss — 1,250 — 1,250 Release of cumulative foreign currency translation adjustment to loss from discontinued operations (see Note 2) 26,885 — — 26,885 Tax effect — 7,274 182 7,456 Net other comprehensive income (loss) 22,038 (22,054) (519) (535) BALANCE— February 1, 2020 $ (7,782) $ (26,368) $ (364) $ (34,514)

EQUITY AND SHARE-BASED COMPEN_2

EQUITY AND SHARE-BASED COMPENSATION PLANS (Tables)	12 Months Ended
EQUITY AND SHARE-BASED COMPENSATION PLANS (Tables)	Feb. 01, 2020
Summary of time-based and performance-based awards activity	Weighted-Average Units Grant-Date Fair Value Time- Performance- Time- Performance- Based Based Based Based Non-Vested at February 2, 2019 939,086 336,906 $ 22.60 $ 18.59 Granted 164,662 — 5.53 — Vested (1) (487,020) (73,064) 21.61 23.27 Forfeited (145,219) (98,030) 22.11 17.25 Non-Vested at February 1, 2020 471,509 165,812 $ 17.81 $ 17.33 (1) Includes 173,360 shares relinquished for tax payments related to vested DSUs in fiscal 2019.
Summary of additional information about DSUs	Fiscal Year 2019 2018 2017 DSUs issued 164,662 941,328 1,015,236 Weighted average grant date fair value $ 5.53 $ 26.81 $ 11.47
Stock Options
Summary of activity	Weighted- Average Aggregate Weighted- Remaining Intrinsic Number of Average Contractual Value Shares Exercise Price Term (in thousands) Outstanding at February 2, 2019 1,252,072 $ 23.64 Granted 3,258,797 7.42 Exercised — — Forfeited (415,327) 10.44 Expired (142,955) 26.98 Outstanding at February 1, 2020 3,952,587 $ 11.53 8.5 Years $ — Vested and expected to vest at February 1, 2020 3,814,766 $ 11.68 8.4 Years $ — Exercisable at February 1, 2020 830,093 $ 24.59 5.8 Years $ —
Stock Appreciation Rights ("SARs")
Summary of activity	The following table summarizes the activity of SARs during fiscal 2019: Average Aggregate Weighted- Remaining Intrinsic Number of Average Contractual Value Shares Exercise Price Term (in thousands) Outstanding at February 2, 2019 — $ — Granted 414,476 7.62 Exercised — — Forfeited — — Expired — — Outstanding at February 1, 2020 414,476 $ 7.62 9.2 Years $ — Vested and expected to vest at February 1, 2020 414,476 $ 7.62 9.2 Years $ — Exercisable at February 1, 2020 — $ — — Years $ —
Weighted-average assumptions used to calculate fair value of stock options	Fiscal Year 2019 2018 2017 Risk-free interest rate 2.35% 2.70% 1.75% Expected lives 5.0 years 5.0 years 5.0 years Dividend yield (1) 4.09% 4.21% 4.69% Expected volatility 62.65% 56.55% 55.12% (1) Awards granted after announcement of the suspension of our dividend assume a dividend yield of 0%.
Cash Settled Awards
Summary of share-based compensation of cash settled awards	The following table summarizes the activity of cash settled awards during fiscal 2019 (in thousands): Cash Settled Awards Non-Vested at February 2, 2019 $ 5,072 Granted 4,480 Vested (2,426) Forfeited (906) Non-Vested at February 1, 2020 $ 6,220

LEASES (Tables)

LEASES (Tables)	12 Months Ended
LEASES (Tables)	Feb. 01, 2020
Leases
Summary of components of lease cost	The components of lease cost are as follows (in thousands): February 1, 2020 Operating lease cost $ 248,975 Variable lease cost 73,929 Total lease cost $ 322,904
Summary of supplemental balance sheet information related to leases	Supplemental balance sheet information related to operating leases consists of the following (in thousands): February 1, 2020 Operating lease right-of-use assets $ 880,291 Current portion of operating lease liabilities $ 186,304 Noncurrent portion operating lease liabilities 726,327 Total operating lease liabilities $ 912,631
Summary of lease term and discount rate	Lease term and discount rate for operating leases were as follows: February 1, 2020 Weighted average remaining lease term 5.6 years Weighted average discount rate 5.22%
Summary of supplemental disclosures of cash flow information	Supplemental disclosures of cash flow information consists of the following (in thousands): February 1, 2020 Cash paid for operating leases $ 254,605 Operating lease assets obtained in exchange for operating lease liabilities $ 1,074,670
Summary of the undiscounted annual future minimum lease payments	Operating Leases Year 1 $ 228,872 Year 2 237,532 Year 3 196,783 Year 4 149,501 Year 5 106,826 Thereafter 134,146 Total lease payments $ 1,053,660 Less: Interest (141,029) Present value of lease liabilities $ 912,631
Minimum future rental payments under non-cancelable operating leases	Fiscal Year Operating Leases 2019 $ 236,539 2020 206,652 2021 173,294 2022 131,800 2023 86,127 Thereafter 140,256 Total lease payments $ 974,668
Cumulative adjustment upon ASC 842 adoption (see Note 12)
Leases
Summary of cumulative effect of the changes made to our February 2, 2019 balance sheet	The following table depicts the cumulative effect of the changes made to our February 2, 2019 balance sheet for the adoption of ASC 842 effective on February 3, 2019 (in thousands): Reported Adjusted Balance at Impact of Balance at February 2, Adoption of February 3, 2019 ASC 842 2019 Assets: Other current assets $ 66,823 $ (20,557) $ 46,266 Current assets - discontinued operations 171,376 (197) 171,179 Operating lease right-of-use assets — 884,231 884,231 Intangible assets, net 153,711 (6,682) 147,029 Non-current assets - discontinued operations 25,071 12,039 37,110 Current Liabilities: Accrued expenses and other current liabilities 268,698 (151) 268,547 Current portion of operating lease liabilities — 181,379 181,379 Current liabilities - discontinued operations 40,025 2,346 42,371 Noncurrent Liabilities: Operating lease liabilities — 735,482 735,482 Deferred taxes, net and other liabilities 119,545 (59,316) 60,229 Noncurrent liabilities - discontinued operations 5,477 9,496 14,973 Equity: Accumulated deficit $ (468,048) $ (402) $ (468,450)

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	12 Months Ended
FAIR VALUE MEASUREMENTS (Tables)	Feb. 01, 2020
FAIR VALUE MEASUREMENTS
Assets and Liabilities that are Measured at Fair Value on a Recurring Basis	Fair Value Measurements at Reporting Date Using Quoted Prices in Active Significant Markets for Other Significant Identical Observable Unobservable Instruments Inputs Inputs (in thousands) (Level 1) (Level 2) (Level 3) Total February 1, 2020— Assets: Derivative financial instruments $ — $ 7 $ — $ 7 Liabilities: Derivative financial instruments $ — $ 34,586 $ — $ 34,586 February 2, 2019— Assets: Derivative financial instruments $ — $ 2,965 $ — $ 2,965 Liabilities: Derivative financial instruments $ — $ 9,307 $ — $ 9,307
Schedule of fair value and carrying value of long-term debt, including current portion	February 1, 2020 February 2, 2019 Carrying Estimated Carrying Estimated Amount (1) Fair Value Amount (1) Fair Value Term Loan and Senior Notes, including current portion $ 1,053,398 $ 896,851 $ 1,116,361 $ 1,120,296 (1) The carrying value of the Term Loan and Senior Notes, including current portion is net of deferred financing costs of $2.0 million and $3.2 million as of February 1, 2020 and February 2, 2019, respectively.

DERIVATIVE FINANCIAL INSTRUME_2

DERIVATIVE FINANCIAL INSTRUMENTS (Tables)	12 Months Ended
DERIVATIVE FINANCIAL INSTRUMENTS (Tables)	Feb. 01, 2020
DERIVATIVE FINANCIAL INSTRUMENTS
Schedule of derivative instruments recorded in the condensed consolidated balance sheets	The following table provides details on our derivative instruments recorded in the consolidated balance sheets as of February 1, 2020 and February 2, 2019 (in thousands): February 1, 2020 February 2, 2019 Balance Estimated Balance Estimated Sheet Location Fair Value Sheet Location Fair Value Interest rate contracts Other current assets $ — Other current assets $ 1,610 Interest rate contracts Other assets — Other assets 1,355 Foreign exchange contracts Other current assets 7 Other current assets — Total assets $ 7 $ 2,965 Interest rate contracts Accrued expenses and other current liabilities $ 7,701 Accrued expenses and other current liabilities $ 1,625 Interest rate contracts Deferred taxes, net and other liabilities 26,885 Deferred taxes, net and other liabilities 7,605 Foreign exchange contracts Accrued expenses and other current liabilities — Accrued expenses and other current liabilities 77 Total liabilities $ 34,586 $ 9,307
Schedule of derivative instruments recorded in the condensed consolidated statements of earnings and comprehensive income (loss)	The following table provides details on our derivative instruments recorded in the consolidated statements of (loss) earnings and comprehensive (loss) income during fiscal 2019 and 2018 (in thousands): Amount of Gain/(Loss) Recognized in Other Comprehensive Loss, net of tax Location of Gain/(Loss) Reclassified from Accumulated Other Comprehensive Loss into Earnings Amount of Gain/(Loss) Reclassified from Accumulated Other Comprehensive Loss into Earnings For the Year Ended For the Year Ended February 1, 2020 February 2, 2019 February 1, 2020 February 2, 2019 Derivatives in Cash Flow Hedging Relationships: Interest rate contracts $ (22,931) $ (8,296) Interest expense $ 1,692 $ 818

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	12 Months Ended
COMMITMENTS AND CONTINGENCIES (Tables)	Feb. 01, 2020
COMMITMENTS AND CONTINGENCIES
Summary of the undiscounted annual future minimum lease payments	Operating Leases Year 1 $ 228,872 Year 2 237,532 Year 3 196,783 Year 4 149,501 Year 5 106,826 Thereafter 134,146 Total lease payments $ 1,053,660 Less: Interest (141,029) Present value of lease liabilities $ 912,631

CONDENSED CONSOLIDATING FINAN_2

CONDENSED CONSOLIDATING FINANCIAL INFORMATION (Tables)	12 Months Ended
CONDENSED CONSOLIDATING FINANCIAL INFORMATION (Tables)	Feb. 01, 2020
CONDENSED CONSOLIDATING FINANCIAL INFORMATION
Condensed Consolidating Balance Sheet	Tailored Brands, Inc. Condensed Consolidating Balance Sheet February 1, 2020 (in thousands) Tailored The Men’s Guarantor Non-Guarantor Brands, Inc. Wearhouse, Inc. Subsidiaries Subsidiaries Eliminations Consolidated ASSETS CURRENT ASSETS: Cash and cash equivalents $ — $ 961 $ 1,495 $ 11,964 $ — $ 14,420 Accounts receivable, net — 28,603 345,683 49,043 (383,356) 39,973 Inventories — 136,228 420,339 140,090 — 696,657 Other current assets 10,379 11,145 56,192 16,349 (10,000) 84,065 Total current assets 10,379 176,937 823,709 217,446 (393,356) 835,115 Property and equipment, net — 173,271 199,396 23,145 — 395,812 Operating lease right-of-use assets — 458,209 368,748 53,334 — 880,291 Rental product, net — 81,370 2,370 9,157 — 92,897 Goodwill — 6,160 52,128 20,983 — 79,271 Intangible assets, net — — 116,843 — — 116,843 Investments in subsidiaries 86,771 1,180,304 — — (1,267,075) — Other assets — 10,269 8,367 3,694 (3,600) 18,730 Total assets $ 97,150 $ 2,086,520 $ 1,571,561 $ 327,759 $ (1,664,031) $ 2,418,959 LIABILITIES AND SHAREHOLDERS' EQUITY CURRENT LIABILITIES: Accounts payable $ 189,526 $ 236,592 $ 68,845 $ 72,290 $ (383,356) $ 183,897 Accrued expenses and other current liabilities 2,207 148,929 91,349 17,041 (10,000) 249,526 Current portion of operating lease liabilities — 99,195 75,229 11,880 — 186,304 Current portion of long-term debt — 9,000 — — — 9,000 Total current liabilities 191,733 493,716 235,423 101,211 (393,356) 628,727 Long-term debt, net — 1,094,398 — — — 1,094,398 Operating lease liabilities — 381,150 303,040 42,137 — 726,327 Deferred taxes, net and other liabilities 3,723 30,485 23,022 14,183 (3,600) 67,813 Shareholders' (deficit) equity (98,306) 86,771 1,010,076 170,228 (1,267,075) (98,306) Total liabilities and shareholders' equity $ 97,150 $ 2,086,520 $ 1,571,561 $ 327,759 $ (1,664,031) $ 2,418,959 Tailored Brands, Inc. Condensed Consolidating Balance Sheet February 2, 2019 (in thousands) Tailored The Men’s Guarantor Non-Guarantor Brands, Inc. Wearhouse, Inc. Subsidiaries Subsidiaries Eliminations Consolidated ASSETS CURRENT ASSETS: Cash and cash equivalents $ — $ 970 $ 1,434 $ 30,267 $ — $ 32,671 Accounts receivable, net — 23,954 255,091 53,610 (297,969) 34,686 Inventories — 149,923 429,952 144,211 — 724,086 Other current assets — 30,699 37,621 3,773 (5,270) 66,823 Current assets - discontinued operations — — 41,404 129,972 — 171,376 Total current assets — 205,546 765,502 361,833 (303,239) 1,029,642 Property and equipment, net — 194,290 207,934 22,092 — 424,316 Rental product, net — 81,809 3,426 14,535 — 99,770 Goodwill — 6,160 52,128 21,203 — 79,491 Intangible assets, net — — 153,711 — — 153,711 Investments in subsidiaries 160,057 1,234,005 — — (1,394,062) — Other assets — 7,590 640 5,059 (4,800) 8,489 Non-current assets - discontinued operations — — 1,906 23,165 — 25,071 Total assets $ 160,057 $ 1,729,400 $ 1,185,247 $ 447,887 $ (1,702,101) $ 1,820,490 LIABILITIES AND SHAREHOLDERS' EQUITY CURRENT LIABILITIES: Accounts payable $ 142,701 $ 201,799 $ 67,044 $ 91,200 $ (297,969) $ 204,775 Accrued expenses and other current liabilities 6,697 146,683 105,022 29,044 (5,270) 282,176 Current portion of long-term debt — 11,619 — — — 11,619 Current liabilities - discontinued operations — — 7,073 32,952 — 40,025 Total current liabilities 149,398 360,101 179,139 153,196 (303,239) 538,595 Long-term debt, net — 1,153,242 — — — 1,153,242 Deferred taxes, net and other liabilities 7,028 56,000 43,495 17,822 (4,800) 119,545 Non-current liabilities - discontinued operations — — 1,574 3,903 — 5,477 Shareholders' equity 3,631 160,057 961,039 272,966 (1,394,062) 3,631 Total liabilities and shareholders' equity $ 160,057 $ 1,729,400 $ 1,185,247 $ 447,887 $ (1,702,101) $ 1,820,490
Condensed Consolidating Statement of Earnings (Loss)	Tailored Brands, Inc. Condensed Consolidating Statement of Earnings (Loss) (in thousands) Tailored The Men’s Guarantor Non-Guarantor Brands, Inc. Wearhouse, Inc. Subsidiaries Subsidiaries Eliminations Consolidated Year Ended February 1, 2020 Net sales $ — $ 1,650,102 $ 1,586,697 $ 719,517 $ (1,075,055) $ 2,881,261 Cost of sales — 916,900 1,268,680 602,124 (1,075,055) 1,712,649 Gross margin — 733,202 318,017 117,393 — 1,168,612 Operating expenses 3,071 652,665 527,887 86,926 (199,775) 1,070,774 Operating (loss) income (3,071) 80,537 (209,870) 30,467 199,775 97,838 Other income and expenses, net — — 198,981 794 (199,775) — Interest (expense) income, net (4,132) (70,779) 4,851 (689) — (70,749) Loss on extinguishment of debt, net — (77) — — — (77) (Loss) earnings before income taxes (7,203) 9,681 (6,038) 30,572 — 27,012 (Benefit) provision for income taxes (2,847) (7,370) 7,516 4,346 — 1,645 (Loss) earnings before equity in net income of subsidiaries (4,356) 17,051 (13,554) 26,226 — 25,367 Equity in (loss) earnings of subsidiaries (77,920) (65,539) — — 143,459 — Net (loss) earnings from continuing operations (82,276) (48,488) (13,554) 26,226 143,459 25,367 Net (loss) earnings from discontinued operations, net of tax — (29,432) 2,013 (80,224) — (107,643) Net (loss) earnings $ (82,276) $ (77,920) $ (11,541) $ (53,998) $ 143,459 $ (82,276) Comprehensive (loss) income $ (82,811) $ (99,678) $ (11,541) $ (59,660) $ 170,879 $ (82,811) Year Ended February 2, 2019 Net sales $ — $ 1,735,743 $ 1,519,548 $ 450,247 $ (701,027) $ 3,004,511 Cost of sales — 886,137 1,172,665 336,128 (701,027) 1,693,903 Gross margin — 849,606 346,883 114,119 — 1,310,608 Operating expenses 4,489 538,469 531,206 67,145 (56,263) 1,085,046 Operating (loss) income (4,489) 311,137 (184,323) 46,974 56,263 225,562 Other income and expenses, net — — 55,582 681 (56,263) — Interest (expense) income, net (3,950) (85,011) 7,949 2,005 — (79,007) Loss on extinguishment of debt, net — (30,253) — — — (30,253) (Loss) earnings before income taxes (8,439) 195,873 (120,792) 49,660 — 116,302 (Benefit) provision for income taxes (1,056) 35,334 (25,295) 8,723 — 17,706 (Loss) earnings before equity in net income of subsidiaries (7,383) 160,539 (95,497) 40,937 — 98,596 Equity in earnings (loss) of subsidiaries 90,623 (69,916) — — (20,707) — Net earnings (loss) from continuing operations 83,240 90,623 (95,497) 40,937 (20,707) 98,596 Net earnings (loss) from discontinued operations, net of tax — — 3,208 (18,564) — (15,356) Net earnings (loss) $ 83,240 $ 90,623 $ (92,289) $ 22,373 $ (20,707) $ 83,240 Comprehensive income (loss) $ 60,043 $ 83,146 $ (92,323) $ 6,687 $ 2,490 $ 60,043 Tailored Brands, Inc. Condensed Consolidating Statement of Earnings (Loss) (in thousands) Tailored The Men’s Guarantor Non-Guarantor Brands, Inc. Wearhouse, Inc. Subsidiaries Subsidiaries Eliminations Consolidated Year Ended February 3, 2018 Net sales $ — $ 1,737,651 $ 1,596,153 $ 543,558 $ (824,341) $ 3,053,021 Cost of sales — 897,429 1,213,089 425,416 (824,341) 1,711,593 Gross margin — 840,222 383,064 118,142 — 1,341,428 Operating expenses 3,453 648,569 546,290 73,683 (146,663) 1,125,332 Operating (loss) income (3,453) 191,653 (163,226) 44,459 146,663 216,096 Other income and expenses, net — — 145,002 1,661 (146,663) — Interest (expense) income, net (442) (105,009) 6,606 (1,062) — (99,907) Gain on extinguishment of debt, net — 5,445 — — — 5,445 (Loss) earnings before income taxes (3,895) 92,089 (11,618) 45,058 — 121,634 (Benefit) provision for income taxes (3,444) 54,744 (42,247) 25,564 — 34,617 (Loss) earnings before equity in net income of subsidiaries (451) 37,345 30,629 19,494 — 87,017 Equity in earnings of subsidiaries 97,154 59,809 — — (156,963) — Net earnings from continuing operations 96,703 97,154 30,629 19,494 (156,963) 87,017 Net earnings from discontinued operations, net of tax — — 3,436 6,250 — 9,686 Net earnings $ 96,703 $ 97,154 $ 34,065 $ 25,744 $ (156,963) $ 96,703 Comprehensive income $ 126,004 $ 100,186 $ 34,050 $ 52,028 $ (186,264) $ 126,004
Condensed Consolidating Statement of Cash Flows	Tailored Brands, Inc. Condensed Consolidating Statement of Cash Flows Year Ended February 1, 2020 (in thousands) Tailored The Men’s Guarantor Non-Guarantor Brands, Inc. Wearhouse, Inc. Subsidiaries Subsidiaries Eliminations Consolidated Net cash provided by (used in) operating activities $ 37,726 $ 463,543 $ 50,116 $ (400,173) $ (51,571) $ 99,641 CASH FLOWS FROM INVESTING ACTIVITIES: Capital expenditures — (28,542) (50,117) (9,843) — (88,502) Proceeds from divestiture of business, net — — — 45,034 — 45,034 Proceeds from sales of property and equipment — 311 — — — 311 Intercompany activities — (359,023) — (40,953) 399,976 — Net cash (used in) provided by investing activities — (387,254) (50,117) (5,762) 399,976 (43,157) CASH FLOWS FROM FINANCING ACTIVITIES: Payments on new term loan — (9,370) — — — (9,370) Proceeds from asset-based revolving credit facility — 1,333,000 — — — 1,333,000 Payments on asset-based revolving credit facility — (1,331,500) — — — (1,331,500) Repurchase and retirement of senior notes — (54,425) — — — (54,425) Intercompany activities — (14,003) — 362,408 (348,405) — Cash dividends paid (28,071) — — — — (28,071) Proceeds from issuance of common stock 1,561 — — — — 1,561 Tax payments related to vested deferred stock units (1,216) — — — — (1,216) Repurchases of common stock (10,000) — — — — (10,000) Net cash (used in) provided by financing activities (37,726) (76,298) — 362,408 (348,405) (100,021) Effect of exchange rate changes — — — 2,526 — 2,526 Increase (decrease) in cash and cash equivalents — (9) (1) (41,001) — (41,011) Cash and cash equivalents at beginning of period — 970 1,496 52,965 — 55,431 Cash and cash equivalents at end of period $ — $ 961 $ 1,495 $ 11,964 $ — $ 14,420 Tailored Brands, Inc. Condensed Consolidating Statement of Cash Flows Year Ended February 2, 2019 (in thousands) Tailored The Men’s Guarantor Non-Guarantor Brands, Inc. Wearhouse, Inc. Subsidiaries Subsidiaries Eliminations Consolidated Net cash provided by (used in) operating activities $ 38,198 $ 674,432 $ 29,247 $ (382,259) $ (36,946) $ 322,672 CASH FLOWS FROM INVESTING ACTIVITIES: Capital expenditures — (26,731) (47,686) (7,869) — (82,286) Proceeds from divestiture of business, net — — 17,755 — — 17,755 Intercompany activities — (321,970) — 75,135 246,835 — Net cash (used in) provided by investing activities — (348,701) (29,931) 67,266 246,835 (64,531) CASH FLOWS FROM FINANCING ACTIVITIES: Payments on original term loan — (993,420) — — — (993,420) Proceeds from new term loan — 895,500 — — — 895,500 Payments on new term loan — (9,000) — — — (9,000) Proceeds from asset-based revolving credit facility — 655,500 — — — 655,500 Payments on asset-based revolving credit facility — (607,000) — — — (607,000) Repurchase and retirement of senior notes — (199,365) — — — (199,365) Deferred financing costs — (6,713) — — — (6,713) Intercompany activities — (112,081) — 321,970 (209,889) — Cash dividends paid (36,946) — — — — (36,946) Proceeds from issuance of common stock 6,649 — — — — 6,649 Tax payments related to vested deferred stock units (7,901) — — — — (7,901) Net cash (used in) provided by financing activities (38,198) (376,579) — 321,970 (209,889) (302,696) Effect of exchange rate changes — — — (3,621) — (3,621) (Decrease) increase in cash and cash equivalents — (50,848) (684) 3,356 — (48,176) Cash and cash equivalents at beginning of period — 51,818 2,180 49,609 — 103,607 Cash and cash equivalents at end of period $ — $ 970 $ 1,496 $ 52,965 $ — $ 55,431 Tailored Brands, Inc. Condensed Consolidating Statement of Cash Flows Year Ended February 3, 2018 (in thousands) Tailored The Men’s Guarantor Non-Guarantor Brands, Inc. Wearhouse, Inc. Subsidiaries Subsidiaries Eliminations Consolidated Net cash provided by (used in) operating activities $ 35,545 $ 520,678 $ 61,823 $ (231,517) $ (35,761) $ 350,768 CASH FLOWS FROM INVESTING ACTIVITIES: Capital expenditures — (25,729) (63,681) (5,548) — (94,958) Acquisition of business, net of cash — — — (457) — (457) Intercompany activities — (285,500) — (75,135) 360,635 — Proceeds from sale of property and equipment — 3,323 2,157 — — 5,480 Net cash used in investing activities — (307,906) (61,524) (81,140) 360,635 (89,935) CASH FLOWS FROM FINANCING ACTIVITIES: Payments on original term loan — (53,379) — — — (53,379) Proceeds from asset-based revolving credit facility — 276,300 — — — 276,300 Payments on asset-based revolving credit facility — (276,300) — — — (276,300) Repurchase and retirement of senior notes — (145,371) — — — (145,371) Deferred financing costs — (2,580) — — — (2,580) Intercompany activities — 39,374 — 285,500 (324,874) — Cash dividends paid (35,761) — — — — (35,761) Proceeds from issuance of common stock 1,903 — — — — 1,903 Tax payments related to vested deferred stock units (1,687) — — — — (1,687) Net cash (used in) provided by financing activities (35,545) (161,956) — 285,500 (324,874) (236,875) Effect of exchange rate changes — — — 8,760 — 8,760 Increase (decrease) in cash and cash equivalents — 50,816 299 (18,397) — 32,718 Cash and cash equivalents at beginning of period — 1,002 1,881 68,006 — 70,889 Cash and cash equivalents at end of period $ — $ 51,818 $ 2,180 $ 49,609 $ — $ 103,607

QUARTERLY RESULTS OF OPERATIO_2

QUARTERLY RESULTS OF OPERATIONS (Unaudited) (Tables)	12 Months Ended
QUARTERLY RESULTS OF OPERATIONS (Unaudited) (Tables)	Feb. 01, 2020
QUARTERLY RESULTS OF OPERATIONS (Unaudited)
Consolidated results of operations by quarter	Fiscal 2019 Quarters Ended (1) May 4, August 3, November 2, February 1, 2019 (2) 2019 (3) 2019 (4) 2020 (5) Net sales $ 724,662 $ 736,145 $ 729,481 $ 690,973 Gross margin 304,875 318,875 308,028 236,834 Net earnings (loss) from continuing operations 6,480 29,656 27,788 (38,557) Earnings (loss) from discontinued operations, net of tax 662 4,610 (117,378) 4,463 Net earnings (loss) 7,142 34,266 (89,590) (34,094) Net earnings (loss) from continuing operations per common share: Basic $ 0.13 $ 0.59 $ 0.56 $ (0.80) Diluted $ 0.13 $ 0.59 $ 0.56 $ (0.80) Net earnings (loss) from discontinued operations per common share: Basic $ 0.01 $ 0.09 $ (2.36) $ 0.09 Diluted $ 0.01 $ 0.09 $ (2.35) $ 0.09 Net earnings (loss) per common share: Basic $ 0.14 $ 0.68 $ (1.80) $ (0.70) Diluted $ 0.14 $ 0.68 $ (1.80) $ (0.70) Fiscal 2018 Quarters Ended (1) May 5, August 4, November 3, February 2, 2018 (6) 2018 (7) 2018 (8) 2019 (9) Net sales $ 754,843 $ 767,914 $ 751,741 $ 730,013 Gross margin 328,291 353,545 345,494 283,278 Net earnings from continuing operations 12,287 47,724 34,787 3,798 Earnings (loss) from discontinued operations, net of tax 1,622 1,514 (20,912) 2,420 Net earnings 13,909 49,238 13,875 6,218 Net earnings from continuing operations per common share: Basic $ 0.25 $ 0.96 $ 0.70 $ 0.08 Diluted $ 0.24 $ 0.94 $ 0.69 $ 0.08 Net earnings (loss) from discontinued operations per common share: Basic $ 0.03 $ 0.03 $ (0.42) $ 0.05 Diluted $ 0.03 $ 0.03 $ (0.41) $ 0.05 Net earnings per common share: Basic $ 0.28 $ 0.99 $ 0.28 $ 0.12 Diluted $ 0.27 $ 0.97 $ 0.27 $ 0.12 (1) Due to the method of calculating weighted-average shares outstanding, the sum of the quarterly per share amounts may not equal net earnings (loss) per common share for the respective years. (2) Includes pre-tax expenses of $4.4 million relating to multi-year cost savings and operational excellence programs. Of the $4.4 million, $0.2 million is included in cost of sales and $4.2 million is included in SG&A. (3) Includes pre-tax expenses of $11.3 million relating to multi-year cost savings and operational excellence programs. Of the $11.3 million, $2.9 million is included in cost of sales and $8.4 million is included in SG&A. (4) Includes pre-tax expenses of $6.2 million relating to multi-year cost savings and operational excellence programs within SG&A. In addition, within provision for income taxes, includes the net release of $5.9 million of valuation allowances. (5) Includes pre-tax expenses of $17.4 million relating to the agreement to sell the Joseph Abboud trademarks and $5.3 million relating to multi-year cost savings and operational excellence programs. Of the $22.7 million, $13.4 million is included in cost of sales and $9.3 million is included in SG&A. (6) Includes pre-tax expenses of $15.5 million with $11.9 million relating to the refinancing of the Term Loan and $3.6 million relating to the loss upon divestiture of the MW Cleaners business. Of the $15.5 million, $3.6 million is included in SG&A and $11.9 million is included in loss on extinguishment of debt. (7) Includes pre-tax expenses of $12.7 million with $8.1 million relating to the partial redemption of Senior Notes, $4.4 million relating to the closure of a rental product distribution center and $0.2 million relating to the divestiture of the MW Cleaners business. Of the $12.7 million, $4.0 million is included in cost of sales, $0.6 million is included in SG&A and $8.1 million is included in loss on extinguishment of debt. (8) Includes pre-tax expenses of $16.4 million with $9.4 million relating to the repricing of the Term Loan, $6.4 million relating to CEO retirement costs and $0.6 million relating to the closure of a rental product distribution center. Of the $16.4 million, less than $0.1 million is included in cost of sales, $7.0 million is included in SG&A, and $9.4 million is included in loss on extinguishment of debt. (9) Includes a $17.6 million increase in net sales reflecting the impact of changes related to our loyalty programs . In addition, within provision for income taxes, includes a discrete net tax benefit of $6.1 million related to the completion of our accounting for the effects of the Tax Reform Act.

SUBSEQUENT EVENT (Tables)

SUBSEQUENT EVENT (Tables)	12 Months Ended
SUBSEQUENT EVENT (Tables)	Feb. 01, 2020
SUBSEQUENT EVENT.
Schedule of assets and liabilities of our corporate apparel business	February 2, 2019 ASSETS Cash and cash equivalents $ 22,760 Accounts receivable, net 38,387 Inventories 106,340 Other current assets 3,889 Total current assets 171,376 Property and equipment, net 14,856 Other assets 10,215 Total assets $ 196,447 LIABILITIES Accounts payable $ 24,204 Accrued expenses and other current liabilities 15,821 Total current liabilities 40,025 Other liabilities 5,477 Total liabilities $ 45,502 The following table provides details of the amounts reflected in (loss) earnings from discontinued operations, net of tax in the consolidated statements of (loss) earnings for fiscal 2019, 2018 and 2017 (in thousands): Fiscal Year 2019 2018 2017 Net sales $ 117,444 $ 235,391 $ 251,325 Cost of sales 85,042 168,532 183,987 Selling, general and administrative expenses 30,049 56,491 54,018 Goodwill impairment charge — 23,991 — Interest expense, net — 3 Loss on sale of corporate apparel business 83,513 — — Loss on release of cumulative foreign currency translation adjustment 26,885 — — (Loss) earnings from discontinued operations before taxes (108,045) (13,626) 13,320 Income tax (benefit) expense (402) 1,730 3,634 (Loss) earnings from discontinued operations, net of tax $ (107,643) $ (15,356) $ 9,686 The cash flows related to discontinued operations have not been segregated, and are included in the consolidated statements of cash flows. The following table provides selected information on cash flows related to discontinued operations for fiscal 2019, 2018 and 2017 (in thousands): Fiscal Year 2019 2018 2017 Depreciation and amortization $ 3,102 $ 6,501 $ 6,197 Capital expenditures 2,691 3,744 3,663 Significant non-cash operating and investing items: Goodwill impairment charge — 23,991 — Loss on divestiture of business 83,513 — — Loss on release of cumulative foreign currency translation adjustment 26,885 — — Receivable related to sale of corporate apparel business $ 6,048 $ — $ —

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Organization and Business (Details) $ in Millions	12 Months Ended
	Feb. 01, 2020itemstore	Feb. 02, 2019	Feb. 03, 2018	Aug. 16, 2019USD ($)
Locations
Number Of Merchandising Brands	4
Number of Reportable Segments	1
Fiscal period
Length of fiscal year	364 days	364 days	371 days
United States And Canada
Locations
Number of stores \| store	1,400
Disposed of by sale \| Corporate apparel business
Locations
Consideration \| $				$ 62
Maximum
Fiscal period
Length of fiscal year	371 days
Minimum
Fiscal period
Length of fiscal year	364 days

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES -Segment information (Details) - USD ($) $ in Millions	Feb. 01, 2020	Feb. 02, 2019
Canada
Long lived assets	$ 32.3	$ 36.6

SUMMARY OF SIGNIFICANT ACCOUN_5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Accounts Receivable (Details) - USD ($) $ in Millions	Feb. 01, 2020	Feb. 02, 2019
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Allowance for uncollectible accounts	$ 0.8	$ 0.9

SUMMARY OF SIGNIFICANT ACCOUN_6

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Assets Held for Sale (Details) $ in Thousands	Feb. 01, 2020USD ($)
Assets held for sale	$ 34,935
Joseph Abboud tradename
Assets held for sale	30,000
Distribution Center
Assets held for sale	$ 4,900

SUMMARY OF SIGNIFICANT ACCOUN_7

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Property and Equipment (Details) - USD ($) $ in Millions	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Property and Equipment
Depreciation expense	$ 102.4	$ 98.1	$ 100.1
Building \| Minimum
Property and Equipment
Estimated useful lives	10 years
Building \| Maximum
Property and Equipment
Estimated useful lives	25 years
Leasehold Improvements \| Minimum
Property and Equipment
Estimated useful lives	5 years
Leasehold Improvements \| Maximum
Property and Equipment
Estimated useful lives	10 years
Furniture, fixtures and equipment \| Minimum
Property and Equipment
Estimated useful lives	2 years
Furniture, fixtures and equipment \| Maximum
Property and Equipment
Estimated useful lives	15 years

SUMMARY OF SIGNIFICANT ACCOUN_8

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Rental Product (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Rental Product
Rental product amortization	$ 34,289	$ 35,058	$ 38,021
Maximum
Rental Product
Rental product useful life	4 years

SUMMARY OF SIGNIFICANT ACCOUN_9

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Impairment (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Impairment of Long-Lived Assets
Asset impairment charges	$ 3,404	$ 1,026	$ 3,547
Tuxedo Shops
Impairment of Long-Lived Assets
Asset impairment charges			$ 1,200
Joseph Abboud And Underperforming Stores [Member]
Impairment of Long-Lived Assets
Impaired long-lived assets	$ 3,400	$ 1,000

SUMMARY OF SIGNIFICANT ACCOU_10

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Goodwill and Other Indefinite-Lived Intangible Assets (Details) $ in Thousands	12 Months Ended
	Feb. 03, 2018USD ($)
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Goodwill, Impairment Loss	$ 1,500

SUMMARY OF SIGNIFICANT ACCOU_11

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Sabbatical Leave (Details) - USD ($) $ in Millions	Feb. 01, 2020	Feb. 02, 2019
Sabbatical Leave
Accrued liability	$ 1.5	$ 2.4

SUMMARY OF SIGNIFICANT ACCOU_12

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Share-Based Compensation (Details) - USD ($) $ in Millions	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Share-Based Compensation
Share-based compensation expense	$ 8.6	$ 17.7	$ 24.1
Total income tax benefit recognized in net (loss) earnings for share-based compensation arrangements	$ 2.2	$ 4.4	$ 9.1

DISCONTINUED OPERATIONS (Detail

DISCONTINUED OPERATIONS (Details) - USD ($) $ in Thousands	3 Months Ended				12 Months Ended
DISCONTINUED OPERATIONS (Details) - USD ($) $ in Thousands	May 02, 2020	Feb. 01, 2020	Nov. 02, 2019	Nov. 03, 2018	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018	Aug. 16, 2019
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Consideration received					$ 45,034	$ 17,755
Release of cumulative foreign currency translation adjustment to loss from discontinued operations			$ 26,900		$ 26,885
Goodwill impairment charge							$ 1,500
Disposed of by sale \| Corporate apparel business
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Consideration								$ 62,000
Consideration received			$ 49,300
Working capital adjustment		$ 600
Goodwill impairment charge				$ 24,000
Disposed of by sale \| Corporate apparel business \| Forecast
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Consideration to be received	$ 6,000

DISCONTINUED OPERATIONS - Conde

DISCONTINUED OPERATIONS - Condensed Consolidated Statements Of Balance Sheet (Details) - USD ($) $ in Thousands	Feb. 01, 2020	Feb. 02, 2019
ASSETS
Cash and cash equivalents		$ 22,760
Receivable related to sale of corporate apparel business	$ 6,048	38,387
Inventories		106,340
Other current assets		3,889
Total current assets		171,376
Property and equipment, net		14,856
Other assets		10,215
Total assets		196,447
LIABILITIES
Accounts payable		24,204
Accrued expenses and other current liabilities		15,821
Total current liabilities		40,025
Other liabilities		5,477
Total liabilities		$ 45,502

DISCONTINUED OPERATIONS - Con_2

DISCONTINUED OPERATIONS - Condensed Consolidated Statements Of Earnings (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Feb. 01, 2020	Nov. 02, 2019	Aug. 03, 2019	May 04, 2019	Feb. 02, 2019	Nov. 03, 2018	Aug. 04, 2018	May 05, 2018	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Disposal Group, Including Discontinued Operation, Income Statement Disclosures [Abstract]
Net sales									$ 117,444	$ 235,391	$ 251,325
Cost of sales									85,042	168,532	183,987
Selling, general and administrative expenses									30,049	56,491	54,018
Goodwill impairment charge.										23,991
Interest expense, net										3
Loss on sale of corporate apparel business									83,513
Loss on release of cumulative foreign currency translation adjustment before tax									26,885
(Loss) earnings from discontinued operations before taxes									(108,045)	(13,626)	13,320
Income tax (benefit) expense									(402)	1,730	3,634
(Loss) earnings from discontinued operations, net of tax	$ 4,463	$ (117,378)	$ 4,610	$ 662	$ 2,420	$ (20,912)	$ 1,514	$ 1,622	$ (107,643)	$ (15,356)	$ 9,686

DISCONTINUED OPERATIONS - Con_3

DISCONTINUED OPERATIONS - Condensed Consolidated Statements Of Cash flows (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Significant non-cash operating and investing items:
Goodwill impairment charge.		$ 23,991
Loss on sale of corporate apparel business	$ 83,513
Loss on release of cumulative foreign currency translation adjustment	26,885
Receivable related to sale of corporate apparel business	6,048	38,387
Disposed of by sale
Discontinued Operation, Alternative Cash Flow Information [Abstract]
Depreciation and amortization	3,102	6,501	$ 6,197
Capital expenditures	2,691	3,744	$ 3,663
Significant non-cash operating and investing items:
Goodwill impairment charge.		$ 23,991
Loss on sale of corporate apparel business	83,513
Loss on release of cumulative foreign currency translation adjustment	26,885
Receivable related to sale of corporate apparel business	$ 6,048

DIVESTITURE OF MW CLEANERS (Det

DIVESTITURE OF MW CLEANERS (Details) - USD ($) $ in Thousands	3 Months Ended			12 Months Ended
	Aug. 04, 2018	May 05, 2018	Feb. 03, 2018	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018	Feb. 28, 2018
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from divestiture of business, net				$ 45,034	$ 17,755
Loss on divestiture of business				$ 83,513	3,766
Goodwill impairment charge						$ 1,500
MW Cleaners business
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Loss on divestiture of business	$ 200	$ 3,600
Goodwill impairment charge			$ 1,500
Disposed of by sale \| MW Cleaners business
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Consideration							$ 18,000
Proceeds from divestiture of business, net					17,800
Disposed of by sale \| MW Cleaners business \| Selling, general and administrative expenses
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Loss on divestiture of business					$ 3,800

TERMINATION OF TUXEDO RENTAL _2

TERMINATION OF TUXEDO RENTAL LICENSE AGREEMENT WITH MACY'S (Details) $ in Millions	3 Months Ended
	Apr. 29, 2017USD ($)
Termination-related costs	$ 17.2
Termination related costs, cash charges	14.6
Contract termination	12.3
Rental product write-offs	1.4
Other costs	2.3
Selling, general and administrative expenses
Termination-related costs	15.8
Cost of sales
Termination-related costs	1.4
Asset impairment charges
Asset impairment charges	$ 1.2

(LOSS) EARNINGS PER SHARE (Deta

(LOSS) EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Feb. 01, 2020	Nov. 02, 2019	Aug. 03, 2019	May 04, 2019	Feb. 02, 2019	Nov. 03, 2018	Aug. 04, 2018	May 05, 2018	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Numerator
Net (loss) earnings from continuing operations	$ (38,557)	$ 27,788	$ 29,656	$ 6,480	$ 3,798	$ 34,787	$ 47,724	$ 12,287	$ 25,367	$ 98,596	$ 87,017
(Loss) earnings from discontinued operations, net of tax	4,463	(117,378)	4,610	662	2,420	(20,912)	1,514	1,622	(107,643)	(15,356)	9,686
Net (loss) earnings	$ (34,094)	$ (89,590)	$ 34,266	$ 7,142	$ 6,218	$ 13,875	$ 49,238	$ 13,909	$ (82,276)	$ 83,240	$ 96,703
Denominator
Basic weighted-average common shares outstanding (in shares)									49,774	49,856	49,094
Dilutive effect of share-based awards (in shares)									155	869	374
Diluted weighted-average common shares outstanding (in shares)									49,929	50,725	49,468
Net earnings from continuing operations per common share:
Basic (in dollars per share)	$ (0.80)	$ 0.56	$ 0.59	$ 0.13	$ 0.08	$ 0.70	$ 0.96	$ 0.25	$ 0.51	$ 1.98	$ 1.77
Diluted (in dollars per share)	(0.80)	0.56	0.59	0.13	0.08	0.69	0.94	0.24	0.51	1.94	1.76
Net (loss) earnings from discontinued operations per common share:
Basic (in dollars per share)	0.09	(2.36)	0.09	0.01	0.05	(0.42)	0.03	0.03	(2.16)	(0.31)	0.20
Diluted (in dollars per share)	0.09	(2.35)	0.09	0.01	0.05	(0.41)	0.03	0.03	(2.16)	(0.30)	0.20
Net (loss) earnings per common share:
Basic (in dollars per share)	(0.70)	(1.80)	0.68	0.14	0.12	0.28	0.99	0.28	(1.65)	1.67	1.97
Diluted (in dollars per share)	$ (0.70)	$ (1.80)	$ 0.68	$ 0.14	$ 0.12	$ 0.27	$ 0.97	$ 0.27	$ (1.65)	$ 1.64	$ 1.95

(LOSS) EARNINGS PER SHARE - Nar

(LOSS) EARNINGS PER SHARE - Narrative (Details) - shares shares in Millions	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Share-based awards
Antidilutive Securities Excluded from Computation of (Loss) Earnings Per Share
Anti-dilutive shares of common stock excluded from the calculation of diluted earnings (loss) per common share (in shares)	3.9	0.8	1.8

DEBT - Summary, Narrative (Deta

DEBT - Summary, Narrative (Details) - USD ($) $ in Millions	12 Months Ended
DEBT - Summary, Narrative (Details) - USD ($) $ in Millions	Feb. 01, 2020	Oct. 28, 2017	Jun. 18, 2014
Senior Notes
Debt
Aggregate principal amount of debt issued	$ 600		$ 600
Interest rate (as a percent)	7.00%		7.00%
Incremental Term Loan Facilities
Debt
Credit facility	$ 250
2014 Credit Facilities \| Original Term Loan
Debt
Aggregate principal amount of debt issued			$ 1,100
Unamortized OID			11
2014 Credit Facilities \| Amended ABL Facility
Debt
Credit facility		$ 550
2014 Credit Facilities \| ABL Facility
Debt
Credit facility			$ 500
Minimum
Debt
Maximum quarterly dividends on common stock per debt covenants	10
Maximum
Debt
Maximum quarterly dividends on common stock per debt covenants	$ 15

DEBT - Credit Facilities, Narra

DEBT - Credit Facilities, Narrative (Details) $ in Thousands	Feb. 01, 2020USD ($)	Oct. 31, 2018USD ($)	Apr. 30, 2018USD ($)	Oct. 28, 2017USD ($)	Nov. 03, 2018USD ($)	Aug. 04, 2018USD ($)	May 05, 2018USD ($)	Feb. 01, 2020USD ($)agreement	Feb. 02, 2019USD ($)	Feb. 03, 2018USD ($)	Jun. 18, 2014USD ($)
Debt
Loss on extinguishment of debt, net					$ (9,400)	$ (8,100)	$ (11,900)	$ (77)	$ (30,253)	$ 5,445
Senior Notes
Debt
Aggregate principal amount of debt issued	$ 600,000							600,000			$ 600,000
Loss on extinguishment of debt, net								$ (100)
Redemption price as a percentage of the principal amount of debt								101.75%
Senior Notes \| Upon the occurrence of certain specific changes of control
Debt
Redemption price as a percentage of the principal amount of debt								101.00%
Incremental Term Loan Facilities
Debt
Credit facility	$ 250,000							$ 250,000
2014 Credit Facilities \| Original Term Loan
Debt
Aggregate principal amount of debt issued											1,100,000
Prepayment			$ 93,400
Aggregate outstanding principal amount refinanced			$ 900,000
Unamortized OID											11,000
2014 Credit Facilities \| Original Term Loan \| LIBOR
Debt
Margin added to Base rate (as a percent)			3.50%
Floor rate (as a percent)			1.00%
2014 Credit Facilities \| Amended ABL Facility
Debt
Credit facility				$ 550,000
2014 Credit Facilities \| ABL Facility
Debt
Credit facility											$ 500,000
Variable Rate Interest Rate \| Original Term Loan
Debt
Aggregate principal amount of debt issued			$ 593,400
Fixed Rate Interest Rate \| Original Term Loan
Debt
Aggregate principal amount of debt issued			$ 400,000
Fixed rate on refinanced amount (as a percent)			5.00%
2018 Credit Facilities \| Amended New Term Loan
Debt
Reduction in the interest rate margin								0.25%
Total variable interest rate (as a percent)	4.91%							4.91%
Number of interest rate swap agreements \| agreement								2
Deferred financing costs		$ 1,100
Weighted average interest rate (as a percent)	5.63%							5.63%
2018 Credit Facilities \| Amended New Term Loan \| LIBOR
Debt
Margin added to Base rate (as a percent)	3.25%	3.25%
Actual LIBOR rate (as a percent)	1.66%							1.66%
2018 Credit Facilities \| Amended New Term Loan \| Base Rate
Debt
Margin added to Base rate (as a percent)		2.25%
2018 Credit Facilities \| Amended New Term Loan \| Interest rate swap
Debt
Notional amount of interest rate swaps	$ 705,000							$ 705,000
Percentage of variable interest rate converted to a fixed rate	80.00%
2018 Credit Facilities \| New Term Loan
Debt
Aggregate principal amount of debt issued			$ 900,000
Uncommitted borrowings	$ 250,000							$ 250,000
Secured leverage ratio	2.5							2.5
Amortized percentage	1.00%							1.00%
Unamortized OID			$ 4,500
2018 Credit Facilities \| New Term Loan \| LIBOR
Debt
Floor rate (as a percent)	1.00%							1.00%
2018 Credit Facilities \| New Term Loan \| Base Rate
Debt
Floor rate (as a percent)	2.00%							2.00%
Amended ABL Facility [Member] \| Line of Credit
Debt
Borrowings available under credit facility	$ 400,500							$ 400,500
Amended ABL Facility [Member] \| Amended ABL Facility
Debt
Credit facility				550,000
Weighted average interest rate (as a percent)	3.20%							3.20%
Total credit facility with expansion feature				$ 650,000
Amended ABL Facility [Member] \| Amended ABL Facility \| Line of Credit
Debt
Letters of credit issued and outstanding	$ 26,600							$ 26,600
Amended ABL Facility [Member] \| Amended ABL Facility \| LIBOR
Debt
Margin added to Base rate (as a percent)				1.00%
Period for variable rate basis				1 month
Amended ABL Facility [Member] \| Amended ABL Facility \| Federal funds rate
Debt
Margin added to Base rate (as a percent)				0.50%
Amended ABL Facility [Member] \| Amended ABL Facility \| Minimum
Debt
Fees on amounts available to be drawn (as a percent)				1.25%
Fees on unused commitments (as a percent)				0.25%
Amended ABL Facility [Member] \| Amended ABL Facility \| Maximum
Debt
Varying interest rate margin (as a percent)				1.75%
Fees on amounts available to be drawn (as a percent)				1.75%
Maximum borrowing outstanding under the ABL Facility during the period								$ 100,000

DEBT - Senior Notes, Narrative

DEBT - Senior Notes, Narrative (Details) - USD ($) $ in Thousands	3 Months Ended			12 Months Ended
	Nov. 03, 2018	Aug. 04, 2018	May 05, 2018	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Debt
(Loss) gain on extinguishment of debt	$ (9,400)	$ (8,100)	$ (11,900)	$ (77)	$ (30,253)	$ 5,445
Loss upon repurchase			$ (11,900)
Senior Notes
Debt
Redemption price as a percentage of the principal amount of debt				101.75%
Repurchase and retired amount				$ 54,800
(Loss) gain on extinguishment of debt				(100)
Unamortized Debt Issuance Expense				500
Gains (Losses) On Repurchase Of Debt Instrument				$ 400
Senior Notes \| Upon the occurrence of certain specific changes of control
Debt
Redemption price as a percentage of the principal amount of debt				101.00%

DEBT - Components (Details)

DEBT - Components (Details) - USD ($) $ in Thousands	Feb. 01, 2020	Feb. 02, 2019	Oct. 31, 2018
Debt
Long-term debt	$ 1,105,446
Total long-term debt, net	1,103,398	$ 1,164,861
Current portion of long-term debt	(9,000)	(11,619)
Total long-term debt, net of current portion	1,094,398	1,153,242
Senior Notes
Debt
Long-term debt	173,816	228,607
Amended ABL Facility
Debt
Long-term debt	50,000
Term Loan and Senior Notes
Debt
Less: Deferred financing costs	(2,048)	(3,246)
ABL Facility
Debt
Long-term debt		48,500
2018 Credit Facilities \| Amended New Term Loan
Debt
Long-term debt	881,630	$ 891,000
Less: Deferred financing costs			$ (1,100)
Amended ABL Facility [Member] \| Amended ABL Facility
Debt
Long-term debt	$ 50,000

DEBT - Maturities (Details)

DEBT - Maturities (Details) - USD ($) $ in Thousands	Feb. 01, 2020	Feb. 02, 2019
Principal payments due on long-term debt
2020	$ 9,000
2021	9,000
2022	232,816
2023	11,250
2024	6,750
Thereafter	836,630
Total long-term debt	1,105,446
Deferred financing costs	(2,048)
Total long-term debt, net	$ 1,103,398	$ 1,164,861

REVENUE RECOGNITION - Adoption

REVENUE RECOGNITION - Adoption of ASC 606 (Details) - USD ($) $ in Thousands	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Assets
Accounts receivable, net	$ 39,973	$ 34,686
Other current assets	49,130	66,823
Current assets - discontinued operations		171,376
Liabilities
Accrued expenses and other current liabilities	246,110	268,698
Current liabilities - discontinued operations		40,025
Deferred taxes, net and other liabilities	67,813	119,545
Noncurrent liabilities - discontinued operations		5,477
Equity:
Accumulated deficit	$ (568,697)	$ (468,048)
Accounting Standards Update 2014-09
Assets
Accounts receivable, net			$ 35,985
Other current assets			79,981
Current assets - discontinued operations			165,025
Liabilities
Accrued expenses and other current liabilities			299,619
Current liabilities - discontinued operations			41,893
Deferred taxes, net and other liabilities			147,608
Noncurrent liabilities - discontinued operations			4,642
Equity:
Accumulated deficit			(514,990)
Previously Reported Balance \| Accounting Standards Update 2014-09
Assets
Accounts receivable, net			36,288
Other current assets			77,228
Current assets - discontinued operations			182,862
Liabilities
Accrued expenses and other current liabilities			246,946
Current liabilities - discontinued operations			62,188
Deferred taxes, net and other liabilities			160,163
Noncurrent liabilities - discontinued operations			4,028
Equity:
Accumulated deficit			(479,166)
Impact of Adoption \| Accounting Standards Update 2014-09
Assets
Accounts receivable, net			(303)
Other current assets			2,753
Current assets - discontinued operations			(17,837)
Liabilities
Accrued expenses and other current liabilities			52,673
Current liabilities - discontinued operations			(20,295)
Deferred taxes, net and other liabilities			(12,555)
Noncurrent liabilities - discontinued operations			614
Equity:
Accumulated deficit			$ (35,824)

REVENUE RECOGNITION - Disaggreg

REVENUE RECOGNITION - Disaggregation of revenue (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Feb. 01, 2020	Nov. 02, 2019	Aug. 03, 2019	May 04, 2019	Feb. 02, 2019	Nov. 03, 2018	Aug. 04, 2018	May 05, 2018	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Disaggregation of Revenue [Line Items]
Total net sales	$ 690,973	$ 729,481	$ 736,145	$ 724,662	$ 730,013	$ 751,741	$ 767,914	$ 754,843	$ 2,881,261	$ 3,004,511	$ 3,053,021
Rental services
Disaggregation of Revenue [Line Items]
Total net sales									383,521	399,146	428,355
Retail clothing product
Disaggregation of Revenue [Line Items]
Total net sales									2,358,392	2,454,747	2,439,817
Men's tailored clothing product
Disaggregation of Revenue [Line Items]
Total net sales									1,305,913	1,385,320	1,351,881
Men's non-tailored clothing product
Disaggregation of Revenue [Line Items]
Total net sales									971,509	988,973	1,008,663
Women's clothing product
Disaggregation of Revenue [Line Items]
Total net sales									68,354	68,518	70,630
Other
Disaggregation of Revenue [Line Items]
Total net sales									12,616	11,936	8,643
Total alteration and other services
Disaggregation of Revenue [Line Items]
Total net sales									139,348	150,618	184,849
Alteration services
Disaggregation of Revenue [Line Items]
Total net sales									$ 139,348	148,067	150,005
Retail dry cleaning services
Disaggregation of Revenue [Line Items]
Total net sales										$ 2,551	$ 34,844

REVENUE RECOGNITION - Other Var

REVENUE RECOGNITION - Other Various Policies (Details)	3 Months Ended								12 Months Ended
REVENUE RECOGNITION - Other Various Policies (Details)	Feb. 01, 2020USD ($)$ / shares	Nov. 02, 2019USD ($)$ / shares	Aug. 03, 2019USD ($)$ / shares	May 04, 2019USD ($)$ / shares	Feb. 02, 2019USD ($)$ / shares	Nov. 03, 2018USD ($)$ / shares	Aug. 04, 2018USD ($)$ / shares	May 05, 2018USD ($)$ / shares	Feb. 01, 2020USD ($)item$ / shares	Feb. 02, 2019USD ($)$ / shares	Feb. 03, 2018USD ($)$ / shares
Loyalty Program
Points equivalency to dollars spent ratio	1								1
Loyalty point threshold \| item									500
Amount of rewards certificates									$ 50
Period after which reward certificates earned must be redeemed									6 months
Net earnings (loss)	$ (34,094,000)	$ (89,590,000)	$ 34,266,000	$ 7,142,000	$ 6,218,000	$ 13,875,000	$ 49,238,000	$ 13,909,000	$ (82,276,000)	$ 83,240,000	$ 96,703,000
Diluted (in dollars per share) \| $ / shares	$ (0.70)	$ (1.80)	$ 0.68	$ 0.14	$ 0.12	$ 0.27	$ 0.97	$ 0.27	$ (1.65)	$ 1.64	$ 1.95
Gift Cards and Gift Card Breakage
Pre-tax breakage income									$ 3,500,000	$ 3,100,000	$ 3,200,000
Sales Returns And Allowances For Goods [Abstract]
Refund liability current	$ 5,800,000				$ 6,400,000				5,800,000	6,400,000
Right to recover	$ 3,000,000				$ 3,200,000				$ 3,000,000	3,200,000
Loyalty programs
Loyalty Program
Decrease to deferred revenue liability										17,600,000
Decrease to deferred revenue liability net of tax										$ 14,300,000
Diluted (in dollars per share) \| $ / shares										$ 0.28

REVENUE RECOGNITION - Sales by

REVENUE RECOGNITION - Sales by Segment (Details) $ in Thousands	3 Months Ended								12 Months Ended
	Feb. 01, 2020USD ($)	Nov. 02, 2019USD ($)	Aug. 03, 2019USD ($)	May 04, 2019USD ($)	Feb. 02, 2019USD ($)	Nov. 03, 2018USD ($)	Aug. 04, 2018USD ($)	May 05, 2018USD ($)	Feb. 01, 2020USD ($)	Feb. 02, 2019USD ($)	Feb. 03, 2018USD ($)store
Net sales:
Total net sales	$ 690,973	$ 729,481	$ 736,145	$ 724,662	$ 730,013	$ 751,741	$ 767,914	$ 754,843	$ 2,881,261	$ 3,004,511	$ 3,053,021
Number of shops closed \| store											170
US
Net sales:
Total net sales									2,680,327	2,786,897	$ 2,836,655
Canada
Net sales:
Total net sales									200,934	217,614	216,366
Men's Wearhouse
Net sales:
Total net sales									1,655,924	1,741,983	1,742,668
Jos. A. Bank
Net sales:
Total net sales									706,040	722,887	735,149
K&G
Net sales:
Total net sales									318,363	319,476	323,994
Moores
Net sales:
Total net sales									$ 200,934	217,614	216,366
MW Cleaners
Net sales:
Total net sales										$ 2,551	$ 34,844

REVENUE RECOGNITION - Contract

REVENUE RECOGNITION - Contract Liabilities (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019
Disaggregation of Revenue [Line Items]
Beginning Balance	$ 121,796	$ 139,809
Increase (Decrease)	(261)	(18,013)
Ending Balance	121,535	121,796
Revenue recognized included in contract liability balance	$ 81,700	100,000
Loyalty programs
Disaggregation of Revenue [Line Items]
Revenue recognized included in contract liability balance		$ 17,600

GOODWILL AND INTANGIBLE ASSET_2

GOODWILL AND INTANGIBLE ASSETS - Goodwill (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Feb. 03, 2018	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Changes in the net carrying amount of goodwill
Balance at the beginning of the period		$ 79,491	$ 94,305
Goodwill of divested business			(13,588)
Goodwill impairment charge				$ 1,500
Translation adjustment		(220)	(1,226)
Balance at the end of the period	$ 94,305	79,271	79,491	$ 94,305
Accumulated goodwill impairment		$ 780,000	$ 780,000
MW Cleaners business
Changes in the net carrying amount of goodwill
Goodwill impairment charge	$ 1,500

GOODWILL AND INTANGIBLE ASSET_3

GOODWILL AND INTANGIBLE ASSETS - Amortization (Details) - USD ($) $ in Thousands	Feb. 01, 2020	Feb. 02, 2019
Amortizable intangible assets:
Carrying amount	$ 13,506	$ 25,350
Accumulated amortization	(9,863)	(14,839)
Total amortizable intangible assets, net	3,643	10,511
Indefinite-lived intangible assets:
Trademarks and tradename	113,200	143,200
Total intangible assets, net	116,843	153,711
Trademarks, tradenames and franchise agreements
Amortizable intangible assets:
Carrying amount	13,506	13,506
Accumulated amortization	$ (9,863)	(9,677)
Favorable leases
Amortizable intangible assets:
Carrying amount		11,844
Accumulated amortization		$ (5,162)

GOODWILL AND INTANGIBLE ASSET_4

GOODWILL AND INTANGIBLE ASSETS - Intangible Assets (Details) - USD ($) $ in Millions	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Intangible asset amortization expense
Pre-tax amortization expense associated with intangible assets	$ 0.2	$ 1.6	$ 1.8
Pre-tax amortization expense estimated for fiscal years 2020-2024	0.2
Joseph Abboud tradename
Intangible asset amortization expense
Decrease in indefinite-lived trademarks and tradenames	$ 30

INCOME TAXES - Earnings before

INCOME TAXES - Earnings before Tax (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Earnings (loss) before income taxes
United States	$ (17,678)	$ 73,775	$ 90,629
Foreign	44,690	42,527	31,005
Earnings before income taxes	$ 27,012	$ 116,302	$ 121,634

INCOME TAXES - Components (Deta

INCOME TAXES - Components (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Current tax expense:
Federal	$ 4,231	$ 7,295	$ 25,578
State	2,196	4,853	5,055
Foreign	4,726	13,764	10,049
Deferred tax (benefit) expense:
Federal and state	(8,919)	(2,472)	(21,607)
Foreign	(589)	(5,734)	15,542
Total	$ 1,645	$ 17,706	$ 34,617

INCOME TAXES - Reconciliation (

INCOME TAXES - Reconciliation (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Feb. 02, 2019	Feb. 01, 2020	Dec. 31, 2019	Feb. 02, 2019	Feb. 03, 2018	Dec. 31, 2017
Effective tax rate reconciliation
Federal statutory rate (as a percent)		21.00%	21.00%	21.00%	33.70%	35.00%
State income taxes, net of federal benefit (as a percent)		(1.50%)		4.10%	1.40%
Uncertain tax positions ( as a percent)		0.10%		(0.50%)	(15.10%)
Foreign tax rate differential (as a percent)		(21.70%)		4.30%	(1.90%)
Amortizable tax goodwill (as a percent)				(4.30%)	(1.20%)
Foreign income taxed in the U.S. (as a percent)		15.80%		1.80%
Return to provision (as a percent)		(6.50%)		(4.20%)	(2.50%)
Valuation allowance (as a percent)		34.50%		1.00%	7.90%
Tax credits (as a percent)		45.60%		6.10%	9.90%
Impact of change to permanent reinvestment foreign earnings (as a percent)		2.1		4.6	14.2
Impact of Tax Reform Act (as a percent)				(5.20%)	(0.20%)
Inventory donations (as a percent)		(7.10%)		(1.70%)	(1.30%)
Stock compensation (as a percent)		9.20%			2.30%
Impact of ARB 51 (as a percent)		3.70%		0.60%
Meals and entertainment (as a percent)		2.40%		0.50%	0.40%
Other (as a percent)		(0.30%)		(0.70%)	0.70%
Effective income tax rate (as a percent)		6.10%		15.20%	28.50%
Period for one-time transition tax on certain unrepatriated earnings of non-U.S. subsidiaries		8 years
Effect of the Tax Reform Act	$ (6.1)				$ (0.3)
Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount		$ 9.4
Increase in valuation allowances related to charitable contributions and various state tax attributes		14.7
Decrease in valuation allowances related to tax credits due to sustained profitability		$ (5.3)

INCOME TAXES - Operating Loss C

INCOME TAXES - Operating Loss Carryforwards (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019
NOL carryforwards
Federal capital loss carry forward	5 years
Valuation allowance	$ 30,123	$ 20,686
Federal
NOL carryforwards
NOL carryforwards	6,200
Capital loss carryforward	21,100
State
NOL carryforwards
NOL carryforwards	236,700
Foreign
NOL carryforwards
Tax credit carryforwards	15,800
State Local And Foreign Country Authority
NOL carryforwards
Valuation allowance	$ 30,100

INCOME TAXES - Deferred Tax Ass

INCOME TAXES - Deferred Tax Assets (Details) - USD ($) $ in Thousands	Feb. 01, 2020	Feb. 02, 2019
Deferred tax assets:
Accrued rent and other expenses	$ 20,439	$ 27,098
Accrued compensation	10,408	17,667
Accrued inventory reserves	8,159	5,654
Interest rate swap	8,649	1,558
Lease accounting	218,257	9,249
Other	98	6,617
Tax attributes	56,955	32,030
Total deferred tax assets	322,965	99,873
Valuation allowance	(30,123)	(20,686)
Net deferred tax assets	292,842	79,187
Deferred tax liabilities:
Property and equipment	(40,656)	(47,287)
Capitalized inventory costs	(12,050)	(12,538)
Intangibles	(40,558)	(41,176)
Investment in foreign subsidiaries	(11,239)	(12,321)
Lease accounting	(206,023)
Other	(4,356)	(8,863)
Total deferred tax liabilities	(314,882)	(122,185)
Net deferred tax liabilities	$ (22,040)	$ (42,998)

INCOME TAXES - Unrecognized Tax

INCOME TAXES - Unrecognized Tax Benefits (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019
INCOME TAXES
Accrued interest related to uncertain tax positions	$ 100	$ 100
Summary of uncertain tax positions
Gross uncertain tax positions, beginning balance	619	1,154
Decrease in tax positions for prior years		(535)
Gross uncertain tax positions, ending balance	619	$ 619
Unrecognized tax benefits that would impact effective tax rate	$ 600

INVENTORIES (Details)

INVENTORIES (Details) - USD ($) $ in Thousands	Feb. 01, 2020	Feb. 02, 2019
INVENTORIES
Finished goods	$ 554,706	$ 581,953
Raw materials and merchandise components	141,951	142,133
Total inventories	$ 696,657	$ 724,086

OTHER CURRENT ASSETS, ACCRUED_3

OTHER CURRENT ASSETS, ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES AND DEFERRED TAXES AND OTHER LIABILITIES (Details) - USD ($) $ in Thousands	Feb. 01, 2020	Feb. 02, 2019
Other current assets
Prepaid expenses	$ 28,111	$ 53,455
Tax receivable	12,010
Other	9,009	13,368
Total other current assets	49,130	66,823
Accrued expenses and other current liabilities
Accrued salary, bonus, sabbatical, vacation and other benefits	58,264	78,297
Loyalty program liabilities	43,692	44,434
Customer deposits, prepayments and refunds payable	39,527	38,436
Unredeemed gift cards	30,024	32,178
Sales, value added, payroll, property and other taxes payable	18,208	20,930
Accrued workers compensation and medical costs	20,954	23,893
Accrued dividends	380	10,480
Accrued interest	5,552	1,828
Unrealized loss on interest rate swaps	7,701	1,625
Accrued royalties	2,543	1,286
Other	19,265	15,311
Total accrued expenses and other current liabilities	246,110	268,698
Deferred taxes and other liabilities
Deferred and other income tax liabilities, net	36,373	48,199
Unrealized loss on interest rate swaps	26,885	7,605
Deferred rent and landlord incentives		57,351
Unfavorable lease liabilities		1,797
Other	4,555	4,593
Total deferred taxes, net and other liabilities	$ 67,813	$ 119,545

ACCUMULATED OTHER COMPREHENSI_3

ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Nov. 02, 2019	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Change in accumulated other comprehensive (loss) income components
Balance at the beginning of the period		$ 3,631
Release of cumulative foreign currency translation adjustment to loss from discontinued operations	$ 26,900	26,885
Balance at the end of the period		(98,306)	$ 3,631
Accumulated Other Comprehensive Loss
Change in accumulated other comprehensive (loss) income components
Balance at the beginning of the period		(33,979)	(10,782)	$ (40,083)
Other comprehensive (loss) income before reclassifications		(36,126)	(27,142)	25,710
Amounts reclassified from accumulated other comprehensive (loss) income		1,250	2,178	4,682
Release of cumulative foreign currency translation adjustment to loss from discontinued operations		26,885
Tax Effect		7,456	1,767	(1,091)
Net current-period other comprehensive (loss) income		(535)	(23,197)	29,301
Balance at the end of the period		(34,514)	(33,979)	(10,782)
Foreign Currency Translation
Change in accumulated other comprehensive (loss) income components
Balance at the beginning of the period		(29,820)	(11,116)	(40,205)
Other comprehensive (loss) income before reclassifications		(4,847)	(18,704)	29,089
Release of cumulative foreign currency translation adjustment to loss from discontinued operations		26,885
Net current-period other comprehensive (loss) income		22,038	(18,704)	29,089
Balance at the end of the period		(7,782)	(29,820)	(11,116)
Cash Flow Hedges
Change in accumulated other comprehensive (loss) income components
Balance at the beginning of the period		(4,314)	145	(82)
Other comprehensive (loss) income before reclassifications		(30,578)	(8,393)	(3,359)
Amounts reclassified from accumulated other comprehensive (loss) income		1,250	2,178	4,682
Tax Effect		7,274	1,756	(1,096)
Net current-period other comprehensive (loss) income		(22,054)	(4,459)	227
Balance at the end of the period		(26,368)	(4,314)	145
Pension Plan
Change in accumulated other comprehensive (loss) income components
Balance at the beginning of the period		155	189	204
Other comprehensive (loss) income before reclassifications		(701)	(45)	(20)
Tax Effect		182	11	5
Net current-period other comprehensive (loss) income		(519)	(34)	(15)
Balance at the end of the period		$ (364)	$ 155	$ 189

DIVIDENDS (Details)

DIVIDENDS (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended										12 Months Ended
	Aug. 03, 2019	May 04, 2019	Feb. 02, 2019	Nov. 03, 2018	Aug. 04, 2018	May 05, 2018	Feb. 03, 2018	Oct. 28, 2017	Jul. 29, 2017	Apr. 29, 2017	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
DIVIDENDS
Cash dividends paid											$ 28,071	$ 36,946	$ 35,761
Cash dividends per share (in dollars per share)	$ 0.18	$ 0.18	$ 0.18	$ 0.18	$ 0.18	$ 0.18	$ 0.18	$ 0.18	$ 0.18	$ 0.18	$ 0.36	$ 0.72	$ 0.72

SHARE REPURCHASES (Details)

SHARE REPURCHASES (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended	12 Months Ended
	Nov. 02, 2019	Feb. 02, 2019	Feb. 03, 2018	Feb. 01, 2020
SHARE REPURCHASES
Shares repurchased	$ 10
Shares repurchased and held in treasury	2,336,852	0	0
Remaining balance available				$ 38
Average price per share of common stock repurchased (in dollars per share)	$ 4.28

EQUITY AND SHARE-BASED COMPEN_3

EQUITY AND SHARE-BASED COMPENSATION PLANS - Preferred Stock (Details) - shares	Feb. 01, 2020	Feb. 02, 2019
Preferred Stock
Preferred stock, shares authorized	2,000,000	2,000,000
Preferred stock, shares issued	0	0

EQUITY AND SHARE-BASED COMPEN_4

EQUITY AND SHARE-BASED COMPENSATION PLANS - Stock Plans (Details) - shares	12 Months Ended
	Feb. 01, 2020	Feb. 03, 2018
Stock Options
Stock Plans
Exercise period from date of grant (in years)	10 years
Existing Plans
Stock Plans
Number of shares reserved for future issuance	8,680,893
2016 LTIP
Stock Plans
Maximum number of common stock shares that may be granted		9,300,000
Number of shares available for grant	3,676,509

EQUITY AND SHARE-BASED COMPEN_5

EQUITY AND SHARE-BASED COMPENSATION PLANS - Cash Settled Awards (Details) - USD ($) shares in Thousands, $ in Millions	3 Months Ended	12 Months Ended
	May 04, 2019	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Stock Appreciation Rights ("SARs")
Share-based compensation
Vesting period (in years)	3 years
Cash Settled Awards
Share-based compensation
Vesting period (in years)				3 years
Liability associated with the cash settled awards		$ 1.7	$ 3.8
Awards
Non-Vested at the beginning of the period (in shares)	5,072	5,072
Granted (in shares)		4,480
Vested (in shares)		(2,426)
Forfeited (in shares)		(906)
Non-Vested at the end of the period (in shares)		6,220	5,072
Unrecognized compensation cost
Unrecognized compensation cost, non-vested awards		$ 2.2
Compensation recognition period, non-vested awards		1 year 7 months 6 days
Cash Settled Awards \| Accrued expenses and other current liabilities
Share-based compensation
Liability associated with the cash settled awards			$ 2.4
Cash Settled Awards \| Other Liabilities
Share-based compensation
Liability associated with the cash settled awards			$ 1.4

EQUITY AND SHARE-BASED COMPEN_6

EQUITY AND SHARE-BASED COMPENSATION PLANS - Vesting and Awards Other than Options (Details) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018	Feb. 01, 2020
Additional information
Fair value of shares vested	$ 12.2	$ 17.2	$ 11.6
Non-Vested Deferred Stock Units and Restricted Stock units \| Minimum
Share-based compensation
Vesting period (in years)	1 year
Non-Vested Deferred Stock Units and Restricted Stock units \| Maximum
Share-based compensation
Vesting period (in years)	3 years
Deferred stock units
Awards
Granted (in shares)	164,662	941,328	1,015,236
Weighted-Average Grant-Date Fair Value
Granted (in dollars per share)	$ 5.53	$ 26.81	$ 11.47
Additional information
Shares relinquished for tax withholding	173,360
Intrinsic value of nonvested shares				$ 2.5
Unrecognized compensation cost
Unrecognized compensation cost, non-vested awards				$ 4.8
Compensation recognition period, non-vested awards	10 months 24 days
Time-Based DSUs
Awards
Non-Vested at the beginning of the period (in shares)	939,086
Granted (in shares)	164,662
Vested (in shares)	(487,020)
Forfeited (in shares)	(145,219)
Non-Vested at the end of the period (in shares)	471,509	939,086
Weighted-Average Grant-Date Fair Value
Non-Vested at the beginning of the period (in dollars per share)	$ 22.60
Granted (in dollars per share)	5.53
Vested (in dollars per share)	21.61
Forfeited (in dollars per share)	22.11
Non-Vested at the end of the period (in dollars per share)	$ 17.81	$ 22.60
Additional information
Non-vested (in shares)	471,509	939,086		471,509
Performance-Based DSUs
Awards
Non-Vested at the beginning of the period (in shares)	336,906
Vested (in shares)	(73,064)
Forfeited (in shares)	(98,030)
Non-Vested at the end of the period (in shares)	165,812	336,906
Weighted-Average Grant-Date Fair Value
Non-Vested at the beginning of the period (in dollars per share)	$ 18.59
Vested (in dollars per share)	23.27
Forfeited (in dollars per share)	17.25
Non-Vested at the end of the period (in dollars per share)	$ 17.33	$ 18.59
Additional information
Non-vested (in shares)	165,812	336,906		165,812
Stock Options \| Minimum
Share-based compensation
Vesting period (in years)	1 year
Stock Options \| Maximum
Share-based compensation
Vesting period (in years)	3 years

EQUITY AND SHARE BASED COMPENSA

EQUITY AND SHARE BASED COMPENSATION PLANS- Stock Options (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Stock Options
Number of Shares
Outstanding at the beginning of the period (in shares)	1,252,072
Granted (in shares)	3,258,797
Forfeited (in shares)	(415,327)
Expired (in shares)	(142,955)
Outstanding at the end of the period (in shares)	3,952,587	1,252,072
Vested and expected to vest at end of the period (in shares)	3,814,766
Exercisable at the end of the period (in shares)	830,093
Weighted-Average Exercise Price
Outstanding at the beginning of the period (in dollars per share)	$ 23.64
Granted (in dollars per share)	7.42
Forfeited (in dollars per share)	10.44
Expired (in dollars per share)	26.98
Outstanding at the end of the period (in dollars per share)	11.53	$ 23.64
Vested and expected to vest at end of the period (in dollars per share)	11.68
Exercisable at the end of the period (in dollars per share)	$ 24.59
Additional disclosures
Outstanding at the end of the period, Remaining Contractual Term (in years)	8 years 6 months
Vested and excepted to vest, Weighted-Average Remaining Contractual Term (in years)	8 years 4 months 24 days
Exercisable at the end of the period, Remaining Contractual Term (in years)	5 years 9 months 18 days
Weighted-average grant date fair value of stock options granted (in dollars per share)	$ 2.98	$ 10.29	$ 3.86
Assumptions used to value stock options
Intrinsic value of option exercised		$ 1,700	$ 100
Stock Appreciation Rights ("SARs")
Number of Shares
Granted (in shares)	414,476
Outstanding at the end of the period (in shares)	414,476
Vested and expected to vest at end of the period (in shares)	414,476
Weighted-Average Exercise Price
Granted (in dollars per share)	$ 7.62
Outstanding at the end of the period (in dollars per share)	7.62
Vested and expected to vest at end of the period (in dollars per share)	$ 7.62
Additional disclosures
Outstanding at the end of the period, Remaining Contractual Term (in years)	9 years 2 months 12 days
Vested and excepted to vest, Weighted-Average Remaining Contractual Term (in years)	9 years 2 months 12 days
Weighted-average grant date fair value of stock options granted (in dollars per share)	$ 3.01
Assumptions used to value stock options
Dividend yield (as a percent)	0.00%
Stock Options And Stock Appreciation Rights ("SARs")
Assumptions used to value stock options
Risk-free interest rate (as a percent)	2.35%	2.70%	1.75%
Expected lives (in years)	5 years	5 years	5 years
Dividend yield (as a percent)	4.09%	4.21%	4.69%
Expected volatility (as a percent)	62.65%	56.55%	55.12%
Intrinsic value of option exercised	$ 0
Unrecognized compensation cost
Unrecognized compensation cost, non-vested awards	$ 8,300
Compensation recognition period, non-vested awards	1 year 6 months

RETIREMENT AND STOCK PURCHASE_2

RETIREMENT AND STOCK PURCHASE PLANS - 401K (Details) - USD ($) $ in Millions	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
RETIREMENT AND STOCK PURCHASE PLANS
Charge to operations for the 401(k) matching contributions	$ 3.1	$ 2.6	$ 2.7

RETIREMENT AND STOCK PURCHASE_3

RETIREMENT AND STOCK PURCHASE PLANS - ESPP (Details) - USD ($)	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Stock Plans
Share-based compensation expense	$ 8,600,000	$ 17,700,000	$ 24,100,000
Employee Stock Purchase Plan (ESPP)
Stock Plans
Purchase price percentage of fair market value	85.00%
Number of shares available for purchase		1,000,000
Total of shares available for purchase under ESPP		3,137,500
Contributions of plan pay all brokerage, service and other costs incurred	$ 0
Maximum shares allowable to purchase in each quarter per participant	125
Number of shares purchased by employees	344,433	103,081	167,673
Weighted-average share price of shares purchased (in dollars per share)	$ 4.53	$ 16.76	$ 10.74
Share-based compensation expense	$ 600,000	$ 600,000	$ 600,000
Number of shares reserved for future issuance	783,442

LEASES (Details)

LEASES (Details) - USD ($) $ in Thousands	Feb. 03, 2019	Feb. 01, 2020	Feb. 02, 2019
Practical Expedients [Abstract]
Practical expedients package	true
Practical expedients hindsight	false
Land easement practical expedient	true
Single lease components	true
Assets
Other current assets		$ 49,130	$ 66,823
Current assets - discontinued operations			171,376
Intangible assets, net		116,843	153,711
Non-current assets - discontinued operations			25,071
Current Liabilities:
Accrued expenses and other current liabilities		246,110	268,698
Current liabilities - discontinued operations			40,025
Noncurrent Liabilities:
Deferred taxes, net and other liabilities		67,813	119,545
Noncurrent liabilities - discontinued operations			5,477
Equity:
Accumulated deficit		(568,697)	(468,048)
Adoption Of ASC 842:
Current portion of operating lease liabilities		186,304
Noncurrent portion operating lease liabilities		726,327
Operating lease liabilities		912,631
Cumulative effect of initially applying ASC 842		(402)	(35,824)
Operating lease right-of-use assets		$ 880,291
Cumulative adjustment upon ASC 842 adoption (see Note 12)
Assets
Other current assets	$ 46,266
Current assets - discontinued operations	171,179
Operating lease right-of-use assets	884,231
Intangible assets, net	147,029
Non-current assets - discontinued operations	37,110
Current Liabilities:
Accrued expenses and other current liabilities	268,547
Current portion of operating lease liabilities	181,379
Current liabilities - discontinued operations	42,371
Noncurrent Liabilities:
Operating lease liabilities	735,482
Deferred taxes, net and other liabilities	60,229
Noncurrent liabilities - discontinued operations	14,973
Equity:
Accumulated deficit	(468,450)
Previously Reported Balance \| Cumulative adjustment upon ASC 842 adoption (see Note 12)
Assets
Other current assets			66,823
Current assets - discontinued operations			171,376
Intangible assets, net			153,711
Non-current assets - discontinued operations			25,071
Current Liabilities:
Accrued expenses and other current liabilities			268,698
Current liabilities - discontinued operations			40,025
Noncurrent Liabilities:
Deferred taxes, net and other liabilities			119,545
Noncurrent liabilities - discontinued operations			5,477
Equity:
Accumulated deficit			$ (468,048)
Impact of Adoption \| Cumulative adjustment upon ASC 842 adoption (see Note 12)
Assets
Other current assets	(20,557)
Current assets - discontinued operations	(197)
Operating lease right-of-use assets	884,231
Intangible assets, net	(6,682)
Non-current assets - discontinued operations	12,039
Current Liabilities:
Accrued expenses and other current liabilities	(151)
Current portion of operating lease liabilities	181,379
Current liabilities - discontinued operations	2,346
Noncurrent Liabilities:
Operating lease liabilities	735,482
Deferred taxes, net and other liabilities	(59,316)
Noncurrent liabilities - discontinued operations	9,496
Equity:
Accumulated deficit	(402)
Adoption Of ASC 842:
Current portion of operating lease liabilities	183,600
Noncurrent portion operating lease liabilities	685,700
Operating lease liabilities	869,200
Operating lease right-of-use assets	$ 868,800

LEASES - Lease Information (Det

LEASES - Lease Information (Details)	12 Months Ended
LEASES - Lease Information (Details)	Feb. 01, 2020
Lessee, Lease, Description [Line Items]
Renewal options	true
Renewal term	10 years
Minimum
Lessee, Lease, Description [Line Items]
Initial term	5 years
Renewal term	1 year
Maximum
Lessee, Lease, Description [Line Items]
Initial term	10 years

LEASES - Components of Lease Co

LEASES - Components of Lease Cost (Details) $ in Thousands	Feb. 01, 2020USD ($)
Components of lease cost
Operating lease cost	$ 248,975
Variable lease cost	73,929
Total lease cost	$ 322,904

LEASES - Supplemental Balance S

LEASES - Supplemental Balance Sheet Information (Details) $ in Thousands	Feb. 01, 2020USD ($)
Supplemental balance sheet information
Operating lease right-of-use assets	$ 880,291
Current portion of operating lease liabilities	186,304
Noncurrent portion operating lease liabilities	726,327
Total operating lease liabilities	$ 912,631

LEASES - Lease Term and Discoun

LEASES - Lease Term and Discount Rate and Supplemental Disclosures of Cash Flow Information (Details) $ in Thousands	Feb. 01, 2020USD ($)	Feb. 01, 2020USD ($)
LEASES
Weighted average remaining lease term	5 years 7 months 6 days	5 years 7 months 6 days
Weighted average discount rate	5.22%	5.22%
Cash paid for operating leases	$ 254,605
Operating lease assets obtained in exchange for operating lease liabilities	1,074,670
Operating lease liabilities	$ 912,631	$ 912,631
Finance lease		$ 0

LEASES - Undiscounted Annual Fu

LEASES - Undiscounted Annual Future Minimum Lease Payments and Minimum Future Rental Payments (Details) - USD ($) $ in Thousands	Feb. 01, 2020	Feb. 02, 2019
Undiscounted annual future minimum lease payments at May 4, 2019,
Year 1	$ 228,872
Year 2	237,532
Year 3	196,783
Year 4	149,501
Year 5	106,826
Thereafter	134,146
Total lease payments	1,053,660
Less: Interest	(141,029)
Present value of lease liabilities	$ 912,631
2019		$ 236,539
2020		206,652
2021		173,294
2022		131,800
2023		86,127
Thereafter		140,256
Total lease payments		$ 974,668

LEASES - Disclosures Related to

LEASES - Disclosures Related to Periods Prior to Adoption of ASC 842 (Details) - USD ($) $ in Millions	12 Months Ended
	Feb. 02, 2019	Feb. 03, 2018
LEASES
Rent expense for operating leases	$ 247.9	$ 251.3
Contingent rentals	$ 1.8	$ 2.1

FAIR VALUE MEASUREMENTS - Recur

FAIR VALUE MEASUREMENTS - Recurring and Non-Recurring (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Feb. 03, 2018	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Liabilities:
Asset impairment charges		$ 3,404	$ 1,026	$ 3,547
Goodwill, Impairment Loss				1,500
Proceeds from sales of property and equipment		311		5,480
Recurring
Assets:
Derivative financial instruments		7	2,965
Liabilities:
Derivative financial instruments		34,586	9,307
Recurring \| Level 2
Assets:
Derivative financial instruments		7	2,965
Liabilities:
Derivative financial instruments		34,586	9,307
MW Cleaners business
Liabilities:
Goodwill, Impairment Loss	$ 1,500
MW Cleaners business \| Disposed of by sale \| Level 2
Liabilities:
Goodwill, Impairment Loss				1,500
Selling, general and administrative expenses \| Store locations to be closed and underperforming stores
Liabilities:
Asset impairment charges		3,400	1,000	3,500
Selling, general and administrative expenses \| Level 3 \| Store locations to be closed and underperforming stores
Liabilities:
Estimated fair value of impaired long-lived assets	$ 700	1,400	$ 600	$ 700
Cost of sales
Liabilities:
Asset impairment charges		$ 2,900

FAIR VALUE MEASUREMENTS - Finan

FAIR VALUE MEASUREMENTS - Financial Instruments (Details) - USD ($) $ in Thousands	Feb. 01, 2020	Feb. 02, 2019
Fair Value of Financial Instruments
Carrying Amount	$ 1,103,398	$ 1,164,861
Deferred financing costs	2,000	3,200
Reported Value Measurement [Member] \| Term Loan and Senior Notes \| Level 1 and Level 2
Fair Value of Financial Instruments
Carrying Amount	1,053,398	1,116,361
Estimate of Fair Value Measurement [Member] \| Term Loan and Senior Notes \| Level 1 and Level 2
Fair Value of Financial Instruments
Estimated Fair Value	$ 896,851	$ 1,120,296

DERIVATIVE FINANCIAL INSTRUME_3

DERIVATIVE FINANCIAL INSTRUMENTS - Designated Interest Rate Swap (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Jun. 30, 2018	Apr. 30, 2017
Interest rate swap matures in June 2021
Derivative Financial Instruments
Notional amount	$ 320,000			$ 260,000
Fixed rate payable (as a percent)	5.31%
Applicable margin included in fixed rate (as a percent)	3.25%
Interest rate swap matures in June 2021 \| LIBOR
Derivative Financial Instruments
Debt Instrument, Description of Variable Rate Basis	1
Interest rate swap matures in April 2025
Derivative Financial Instruments
Notional amount	$ 385,000		$ 320,000
Fixed rate payable (as a percent)	6.18%
Applicable margin included in fixed rate (as a percent)	3.25%
Interest rate swap matures in April 2025 \| LIBOR
Derivative Financial Instruments
Debt Instrument, Description of Variable Rate Basis	1
Designated as hedging instruments
Derivative Financial Instruments
Derivative asset	$ 7	$ 2,965
Derivative liability	34,586	$ 9,307
Designated as hedging instruments \| Interest rate swap
Derivative Financial Instruments
Effective portion of the loss expected to be reclassified from accumulated other comprehensive (loss) income into earnings over the next 12 months	7,700
Canada, Dollars \| Not designated as hedging instrument \| Foreign exchange forward
Derivative Financial Instruments
Notional amount	$ 5,300

DERIVATIVE FINANCIAL INSTRUME_4

DERIVATIVE FINANCIAL INSTRUMENTS - Estimated fair value (Details) - Designated as hedging instruments - USD ($) $ in Thousands	Feb. 01, 2020	Feb. 02, 2019
Derivative Financial Instruments
Derivative asset	$ 7	$ 2,965
Derivative liability	34,586	9,307
Other current assets \| Interest rate contracts
Derivative Financial Instruments
Interest Rate Cash Flow Hedge Asset at Fair Value		1,610
Other current assets \| Foreign exchange contract
Derivative Financial Instruments
Foreign Currency Fair Value Hedge Asset at Fair Value	7
Other noncurrent assets \| Interest rate contracts
Derivative Financial Instruments
Interest Rate Cash Flow Hedge Asset at Fair Value		1,355
Accrued expenses and other current liabilities \| Interest rate contracts
Derivative Financial Instruments
Interest Rate Cash Flow Hedge Liability at Fair Value	7,701	1,625
Accrued expenses and other current liabilities \| Foreign exchange contract
Derivative Financial Instruments
Foreign Currency Fair Value Hedge Liability at Fair Value		77
Deferred taxes, net and other liabilities \| Interest rate contracts
Derivative Financial Instruments
Interest Rate Cash Flow Hedge Liability at Fair Value	$ 26,885	$ 7,605

DERIVATIVE FINANCIAL INSTRUME_5

DERIVATIVE FINANCIAL INSTRUMENTS - Gain loss on derivatives (Details) - Interest rate contracts - Interest Expense. - Cash flow hedges. - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019
Derivative Financial Instruments
Other comprehensive (loss) income before reclassifications	$ (22,931)	$ (8,296)
Amounts reclassified from accumulated other comprehensive (loss) income	$ 1,692	$ 818

COMMITMENTS AND CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES (Details) - plaintiff	Oct. 04, 2018	Sep. 28, 2017	Aug. 02, 2017
COMMITMENTS AND CONTINGENCIES
Number of plaintiffs			2
Additional number of plaintiffs	39	9

CONDENSED CONSOLIDATING FINAN_3

CONDENSED CONSOLIDATING FINANCIAL INFORMATION - Balance Sheet (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018	Jun. 18, 2014
CURRENT ASSETS:
Cash and cash equivalents	$ 14,420	$ 32,671
Accounts receivable, net	39,973	34,686
Inventories	696,657	724,086
Other current assets	49,130	66,823
Other current assets.	84,065
Current assets - discontinued operations		171,376
Total current assets	835,115	1,029,642
Property and equipment, net	395,812	424,316
Operating lease right-of-use assets	880,291
Rental product, net	92,897	99,770
Goodwill	79,271	79,491	$ 94,305
Intangible assets, net	116,843	153,711
Other assets	18,730	8,489
Non-current assets - discontinued operations		25,071
Total assets	2,418,959	1,820,490
CURRENT LIABILITIES:
Accounts payable	183,897	204,775
Accrued expenses and other current liabilities	249,526	282,176
Current portion of operating lease liabilities	186,304
Current portion of long-term debt	9,000	11,619
Current liabilities - discontinued operations		40,025
Total current liabilities	628,727	538,595
Long-term debt, net	1,094,398	1,153,242
Operating lease liabilities	726,327
Deferred taxes, net and other liabilities	67,813	119,545
Noncurrent liabilities - discontinued operations		5,477
Total shareholders' (deficit) equity	(98,306)	3,631
Total liabilities and shareholders' (deficit) equity	2,418,959	1,820,490
Senior Notes
Condensed Consolidating Balance Sheet
Aggregate principal amount of debt issued	$ 600,000			$ 600,000
Interest rate (as a percent)	7.00%			7.00%
Eliminations
CURRENT ASSETS:
Accounts receivable, net	$ (383,356)	(297,969)
Other current assets		(5,270)
Other current assets.	(10,000)
Total current assets	(393,356)	(303,239)
Investments in subsidiaries	(1,267,075)	(1,394,062)
Other assets	(3,600)	(4,800)
Total assets	(1,664,031)	(1,702,101)
CURRENT LIABILITIES:
Accounts payable	(383,356)	(297,969)
Accrued expenses and other current liabilities	(10,000)	(5,270)
Total current liabilities	(393,356)	(303,239)
Deferred taxes, net and other liabilities	(3,600)	(4,800)
Total shareholders' (deficit) equity	(1,267,075)	(1,394,062)
Total liabilities and shareholders' (deficit) equity	(1,664,031)	(1,702,101)
Tailored Brands, Inc. \| Reportable Legal Entities
CURRENT ASSETS:
Other current assets.	10,379
Total current assets	10,379
Investments in subsidiaries	86,771	160,057
Total assets	97,150	160,057
CURRENT LIABILITIES:
Accounts payable	189,526	142,701
Accrued expenses and other current liabilities	2,207	6,697
Total current liabilities	191,733	149,398
Deferred taxes, net and other liabilities	3,723	7,028
Total shareholders' (deficit) equity	(98,306)	3,631
Total liabilities and shareholders' (deficit) equity	97,150	160,057
The Men's Wearhouse, Inc. \| Reportable Legal Entities
CURRENT ASSETS:
Cash and cash equivalents	961	970
Accounts receivable, net	28,603	23,954
Inventories	136,228	149,923
Other current assets		30,699
Other current assets.	11,145
Total current assets	176,937	205,546
Property and equipment, net	173,271	194,290
Operating lease right-of-use assets	458,209
Rental product, net	81,370	81,809
Goodwill	6,160	6,160
Investments in subsidiaries	1,180,304	1,234,005
Other assets	10,269	7,590
Total assets	2,086,520	1,729,400
CURRENT LIABILITIES:
Accounts payable	236,592	201,799
Accrued expenses and other current liabilities	148,929	146,683
Current portion of operating lease liabilities	99,195
Current portion of long-term debt	9,000	11,619
Total current liabilities	493,716	360,101
Long-term debt, net	1,094,398	1,153,242
Operating lease liabilities	381,150
Deferred taxes, net and other liabilities	30,485	56,000
Total shareholders' (deficit) equity	86,771	160,057
Total liabilities and shareholders' (deficit) equity	$ 2,086,520	1,729,400
Guarantor Subsidiaries
Condensed Consolidating Balance Sheet
Ownership of Guarantor subsidiaries (as a percent)	100.00%
Guarantor Subsidiaries \| Reportable Legal Entities
CURRENT ASSETS:
Cash and cash equivalents	$ 1,495	1,434
Accounts receivable, net	345,683	255,091
Inventories	420,339	429,952
Other current assets		37,621
Other current assets.	56,192
Current assets - discontinued operations		41,404
Total current assets	823,709	765,502
Property and equipment, net	199,396	207,934
Operating lease right-of-use assets	368,748
Rental product, net	2,370	3,426
Goodwill	52,128	52,128
Intangible assets, net	116,843	153,711
Other assets	8,367	640
Non-current assets - discontinued operations		1,906
Total assets	1,571,561	1,185,247
CURRENT LIABILITIES:
Accounts payable	68,845	67,044
Accrued expenses and other current liabilities	91,349	105,022
Current portion of operating lease liabilities	75,229
Current liabilities - discontinued operations		7,073
Total current liabilities	235,423	179,139
Operating lease liabilities	303,040
Deferred taxes, net and other liabilities	23,022	43,495
Noncurrent liabilities - discontinued operations		1,574
Total shareholders' (deficit) equity	1,010,076	961,039
Total liabilities and shareholders' (deficit) equity	1,571,561	1,185,247
Non-Guarantor Subsidiaries \| Reportable Legal Entities
CURRENT ASSETS:
Cash and cash equivalents	11,964	30,267
Accounts receivable, net	49,043	53,610
Inventories	140,090	144,211
Other current assets		3,773
Other current assets.	16,349
Current assets - discontinued operations		129,972
Total current assets	217,446	361,833
Property and equipment, net	23,145	22,092
Operating lease right-of-use assets	53,334
Rental product, net	9,157	14,535
Goodwill	20,983	21,203
Other assets	3,694	5,059
Non-current assets - discontinued operations		23,165
Total assets	327,759	447,887
CURRENT LIABILITIES:
Accounts payable	72,290	91,200
Accrued expenses and other current liabilities	17,041	29,044
Current portion of operating lease liabilities	11,880
Current liabilities - discontinued operations		32,952
Total current liabilities	101,211	153,196
Operating lease liabilities	42,137
Deferred taxes, net and other liabilities	14,183	17,822
Noncurrent liabilities - discontinued operations		3,903
Total shareholders' (deficit) equity	170,228	272,966
Total liabilities and shareholders' (deficit) equity	$ 327,759	$ 447,887

CONDENSED CONSOLIDATING FINAN_4

CONDENSED CONSOLIDATING FINANCIAL INFORMATION - Earnings (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Feb. 01, 2020	Nov. 02, 2019	Aug. 03, 2019	May 04, 2019	Feb. 02, 2019	Nov. 03, 2018	Aug. 04, 2018	May 05, 2018	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Condensed Consolidating Statement of Earnings (Loss)
Net sales	$ 690,973	$ 729,481	$ 736,145	$ 724,662	$ 730,013	$ 751,741	$ 767,914	$ 754,843	$ 2,881,261	$ 3,004,511	$ 3,053,021
Cost of sales									1,712,649	1,693,903	1,711,593
Gross margin	236,834	308,028	318,875	304,875	283,278	345,494	353,545	328,291	1,168,612	1,310,608	1,341,428
Operating expenses	22,700								1,070,774	1,085,046	1,125,332
Operating (loss) income									97,838	225,562	216,096
Interest (expense) income, net									(70,749)	(79,007)	(99,907)
(Loss) gain on extinguishment of debt, net						(9,400)	(8,100)	(11,900)	(77)	(30,253)	5,445
(Loss) earnings before income taxes									27,012	116,302	121,634
(Benefit) provision for income taxes									1,645	17,706	34,617
(Loss) earnings before equity in net income of subsidiaries									25,367	98,596	87,017
Net (loss) earnings from continuing operations	(38,557)	27,788	29,656	6,480	3,798	34,787	47,724	12,287	25,367	98,596	87,017
(Loss) earnings from discontinued operations, net of tax	4,463	(117,378)	4,610	662	2,420	(20,912)	1,514	1,622	(107,643)	(15,356)	9,686
Net (loss) earnings	$ (34,094)	$ (89,590)	$ 34,266	$ 7,142	$ 6,218	$ 13,875	$ 49,238	$ 13,909	(82,276)	83,240	96,703
Comprehensive income (loss)									(82,811)	60,043	126,004
Eliminations
Condensed Consolidating Statement of Earnings (Loss)
Net sales									(1,075,055)	(701,027)	(824,341)
Cost of sales									(1,075,055)	(701,027)	(824,341)
Operating expenses									(199,775)	(56,263)	(146,663)
Operating (loss) income									199,775	56,263	146,663
Other income and expenses, net									(199,775)	(56,263)	(146,663)
Equity in earnings (loss) of subsidiaries									143,459	(20,707)	(156,963)
Net (loss) earnings from continuing operations									143,459	(20,707)	(156,963)
Net (loss) earnings									143,459	(20,707)	(156,963)
Comprehensive income (loss)									170,879	2,490	(186,264)
Tailored Brands, Inc. \| Reportable Legal Entities
Condensed Consolidating Statement of Earnings (Loss)
Operating expenses									3,071	4,489	3,453
Operating (loss) income									(3,071)	(4,489)	(3,453)
Interest (expense) income, net									(4,132)	(3,950)	(442)
(Loss) earnings before income taxes									(7,203)	(8,439)	(3,895)
(Benefit) provision for income taxes									(2,847)	(1,056)	(3,444)
(Loss) earnings before equity in net income of subsidiaries									(4,356)	(7,383)	(451)
Equity in earnings (loss) of subsidiaries									(77,920)	90,623	97,154
Net (loss) earnings from continuing operations									(82,276)	83,240	96,703
Net (loss) earnings									(82,276)	83,240	96,703
Comprehensive income (loss)									(82,811)	60,043	126,004
The Men's Wearhouse, Inc. \| Reportable Legal Entities
Condensed Consolidating Statement of Earnings (Loss)
Net sales									1,650,102	1,735,743	1,737,651
Cost of sales									916,900	886,137	897,429
Gross margin									733,202	849,606	840,222
Operating expenses									652,665	538,469	648,569
Operating (loss) income									80,537	311,137	191,653
Interest (expense) income, net									(70,779)	(85,011)	(105,009)
(Loss) gain on extinguishment of debt, net									(77)	(30,253)	5,445
(Loss) earnings before income taxes									9,681	195,873	92,089
(Benefit) provision for income taxes									(7,370)	35,334	54,744
(Loss) earnings before equity in net income of subsidiaries									17,051	160,539	37,345
Equity in earnings (loss) of subsidiaries									(65,539)	(69,916)	59,809
Net (loss) earnings from continuing operations									(48,488)	90,623	97,154
(Loss) earnings from discontinued operations, net of tax									(29,432)
Net (loss) earnings									(77,920)	90,623	97,154
Comprehensive income (loss)									(99,678)	83,146	100,186
Guarantor Subsidiaries \| Reportable Legal Entities
Condensed Consolidating Statement of Earnings (Loss)
Net sales									1,586,697	1,519,548	1,596,153
Cost of sales									1,268,680	1,172,665	1,213,089
Gross margin									318,017	346,883	383,064
Operating expenses									527,887	531,206	546,290
Operating (loss) income									(209,870)	(184,323)	(163,226)
Other income and expenses, net									198,981	55,582	145,002
Interest (expense) income, net									4,851	7,949	6,606
(Loss) earnings before income taxes									(6,038)	(120,792)	(11,618)
(Benefit) provision for income taxes									7,516	(25,295)	(42,247)
(Loss) earnings before equity in net income of subsidiaries									(13,554)	(95,497)	30,629
Net (loss) earnings from continuing operations									(13,554)	(95,497)	30,629
(Loss) earnings from discontinued operations, net of tax									2,013	3,208	3,436
Net (loss) earnings									(11,541)	(92,289)	34,065
Comprehensive income (loss)									(11,541)	(92,323)	34,050
Non-Guarantor Subsidiaries \| Reportable Legal Entities
Condensed Consolidating Statement of Earnings (Loss)
Net sales									719,517	450,247	543,558
Cost of sales									602,124	336,128	425,416
Gross margin									117,393	114,119	118,142
Operating expenses									86,926	67,145	73,683
Operating (loss) income									30,467	46,974	44,459
Other income and expenses, net									794	681	1,661
Interest (expense) income, net									(689)	2,005	(1,062)
(Loss) earnings before income taxes									30,572	49,660	45,058
(Benefit) provision for income taxes									4,346	8,723	25,564
(Loss) earnings before equity in net income of subsidiaries									26,226	40,937	19,494
Net (loss) earnings from continuing operations									26,226	40,937	19,494
(Loss) earnings from discontinued operations, net of tax									(80,224)	(18,564)	6,250
Net (loss) earnings									(53,998)	22,373	25,744
Comprehensive income (loss)									$ (59,660)	$ 6,687	$ 52,028

CONDENSED CONSOLIDATING FINAN_5

CONDENSED CONSOLIDATING FINANCIAL INFORMATION - Cash Flows (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Condensed Consolidating Statement of Cash Flows
Net cash provided by (used in) operating activities	$ 99,641	$ 322,672	$ 350,768
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures	(88,502)	(82,286)	(94,958)
Proceeds from divestiture of business, net	45,034	17,755
Acquisition of business, net of cash			(457)
Proceeds from sale of property and equipment	311		5,480
Net cash used in investing activities	(43,157)	(64,531)	(89,935)
CASH FLOWS FROM FINANCING ACTIVITIES:
Payments on original term loan		(993,420)	(53,379)
Proceeds from new term loan		895,500
Payments on new term loan	(9,370)	(9,000)
Proceeds from asset-based revolving credit facility	1,333,000	655,500	276,300
Payments on asset-based revolving credit facility	(1,331,500)	(607,000)	(276,300)
Repurchase and retirement of senior notes	(54,425)	(199,365)	(145,371)
Deferred financing costs		(6,713)	(2,580)
Cash dividends paid	(28,071)	(36,946)	(35,761)
Proceeds from issuance of common stock	1,561	6,649	1,903
Tax payments related to vested deferred stock units	(1,216)	(7,901)	(1,687)
Repurchases of common stock	(10,000)
Net cash used in financing activities	(100,021)	(302,696)	(236,875)
Effect of exchange rate changes	2,526	(3,621)	8,760
Increase (decrease) in cash and cash equivalent	(41,011)	(48,176)	32,718
Balance at beginning of period	55,431	103,607	70,889
Balance at end of period	14,420	55,431	103,607
Eliminations
Condensed Consolidating Statement of Cash Flows
Net cash provided by (used in) operating activities	(51,571)	(36,946)	(35,761)
CASH FLOWS FROM INVESTING ACTIVITIES:
Intercompany activities	399,976	246,835	360,635
Net cash used in investing activities	399,976	246,835	360,635
CASH FLOWS FROM FINANCING ACTIVITIES:
Intercompany activities	(348,405)	(209,889)	(324,874)
Net cash used in financing activities	(348,405)	(209,889)	(324,874)
Tailored Brands, Inc. \| Reportable Legal Entities
Condensed Consolidating Statement of Cash Flows
Net cash provided by (used in) operating activities	37,726	38,198	35,545
CASH FLOWS FROM FINANCING ACTIVITIES:
Cash dividends paid	(28,071)	(36,946)	(35,761)
Proceeds from issuance of common stock	1,561	6,649	1,903
Tax payments related to vested deferred stock units	(1,216)	(7,901)	(1,687)
Repurchases of common stock	(10,000)
Net cash used in financing activities	(37,726)	(38,198)	(35,545)
The Men's Wearhouse, Inc. \| Reportable Legal Entities
Condensed Consolidating Statement of Cash Flows
Net cash provided by (used in) operating activities	463,543	674,432	520,678
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures	(28,542)	(26,731)	(25,729)
Proceeds from sale of property and equipment	311		3,323
Intercompany activities	(359,023)	(321,970)	(285,500)
Net cash used in investing activities	(387,254)	(348,701)	(307,906)
CASH FLOWS FROM FINANCING ACTIVITIES:
Payments on original term loan		(993,420)	(53,379)
Proceeds from new term loan		895,500
Payments on new term loan	(9,370)	(9,000)
Proceeds from asset-based revolving credit facility	1,333,000	655,500	276,300
Payments on asset-based revolving credit facility	(1,331,500)	(607,000)	(276,300)
Repurchase and retirement of senior notes	(54,425)	(199,365)	(145,371)
Deferred financing costs		(6,713)	(2,580)
Intercompany activities	(14,003)	(112,081)	39,374
Net cash used in financing activities	(76,298)	(376,579)	(161,956)
Increase (decrease) in cash and cash equivalent	(9)	(50,848)	50,816
Balance at beginning of period	970	51,818	1,002
Balance at end of period	961	970	51,818
Guarantor Subsidiaries \| Reportable Legal Entities
Condensed Consolidating Statement of Cash Flows
Net cash provided by (used in) operating activities	50,116	29,247	61,823
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures	(50,117)	(47,686)	(63,681)
Proceeds from divestiture of business, net		17,755
Proceeds from sale of property and equipment			2,157
Net cash used in investing activities	(50,117)	(29,931)	(61,524)
CASH FLOWS FROM FINANCING ACTIVITIES:
Increase (decrease) in cash and cash equivalent	(1)	(684)	299
Balance at beginning of period	1,496	2,180	1,881
Balance at end of period	1,495	1,496	2,180
Non-Guarantor Subsidiaries \| Reportable Legal Entities
Condensed Consolidating Statement of Cash Flows
Net cash provided by (used in) operating activities	(400,173)	(382,259)	(231,517)
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures	(9,843)	(7,869)	(5,548)
Proceeds from divestiture of business, net	45,034
Acquisition of business, net of cash			(457)
Intercompany activities	(40,953)	75,135	(75,135)
Net cash used in investing activities	(5,762)	67,266	(81,140)
CASH FLOWS FROM FINANCING ACTIVITIES:
Intercompany activities	362,408	321,970	285,500
Net cash used in financing activities	362,408	321,970	285,500
Effect of exchange rate changes	2,526	(3,621)	8,760
Increase (decrease) in cash and cash equivalent	(41,001)	3,356	(18,397)
Balance at beginning of period	52,965	49,609	68,006
Balance at end of period	$ 11,964	$ 52,965	$ 49,609

QUARTERLY RESULTS OF OPERATIO_3

QUARTERLY RESULTS OF OPERATIONS (Unaudited) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Feb. 01, 2020	Nov. 02, 2019	Aug. 03, 2019	May 04, 2019	Feb. 02, 2019	Nov. 03, 2018	Aug. 04, 2018	May 05, 2018	Feb. 01, 2020	Feb. 02, 2019	Feb. 03, 2018
Quarterly Results of Operations
Net sales	$ 690,973	$ 729,481	$ 736,145	$ 724,662	$ 730,013	$ 751,741	$ 767,914	$ 754,843	$ 2,881,261	$ 3,004,511	$ 3,053,021
Gross margin	236,834	308,028	318,875	304,875	283,278	345,494	353,545	328,291	1,168,612	1,310,608	1,341,428
Net earnings (loss) from continuing operations	(38,557)	27,788	29,656	6,480	3,798	34,787	47,724	12,287	25,367	98,596	87,017
Earnings (loss) from discontinued operations, net of tax	4,463	(117,378)	4,610	662	2,420	(20,912)	1,514	1,622	(107,643)	(15,356)	9,686
Net earnings (loss)	$ (34,094)	$ (89,590)	$ 34,266	$ 7,142	$ 6,218	$ 13,875	$ 49,238	$ 13,909	$ (82,276)	$ 83,240	$ 96,703
Net earnings from continuing operations per common share:
Basic	$ (0.80)	$ 0.56	$ 0.59	$ 0.13	$ 0.08	$ 0.70	$ 0.96	$ 0.25	$ 0.51	$ 1.98	$ 1.77
Diluted	(0.80)	0.56	0.59	0.13	0.08	0.69	0.94	0.24	0.51	1.94	1.76
Net (loss) earnings from discontinued operations per common share:
Basic	0.09	(2.36)	0.09	0.01	0.05	(0.42)	0.03	0.03	(2.16)	(0.31)	0.20
Diluted	0.09	(2.35)	0.09	0.01	0.05	(0.41)	0.03	0.03	(2.16)	(0.30)	0.20
Net earnings (loss) per common share:
Basic	(0.70)	(1.80)	0.68	0.14	0.12	0.28	0.99	0.28	(1.65)	1.67	1.97
Diluted	$ (0.70)	$ (1.80)	$ 0.68	$ 0.14	$ 0.12	$ 0.27	$ 0.97	$ 0.27	$ (1.65)	$ 1.64	$ 1.95
Quarterly financial information
Pre-tax expenses	$ 22,700								$ 1,070,774	$ 1,085,046	$ 1,125,332
Refinancing of term loan								$ (11,900)
Loss on divestiture									(83,513)	(3,766)
(Loss) gain on extinguishment of debt, net						$ (9,400)	$ (8,100)	(11,900)	$ (77)	$ (30,253)	5,445
Valuation allowance		$ 5,900
redemption of senior notes							(8,100)
Closure of a rental product distribution center						600	4,400
Repricing of the Term loan						(9,400)
CEO retirement costs						6,400
Effect of the Tax Reform Act					$ (6,100)						$ (300)
Loyalty programs
Quarterly Results of Operations
Net sales					$ 17,600
Net earnings (loss) per common share:
Diluted										$ 0.28
Multi-year cost savings and operational excellence programs
Quarterly financial information
Pre-tax expenses	5,300	$ 6,200	$ 11,300	$ 4,400
Term Loan And Loss Upon Divestiture
Quarterly financial information
Pre-tax expenses								15,500
Senior Notes And Closure Of Distribution Center And Divestiture
Quarterly financial information
Pre-tax expenses							12,700
Term Loan And CEO Retirement Costs And Closure Of Distribution Center
Quarterly financial information
Pre-tax expenses						16,400
MW Cleaners business
Quarterly financial information
Loss on divestiture							(200)	(3,600)
Cost of sales
Quarterly financial information
Pre-tax expenses	13,400						4,000
Cost of sales \| Multi-year cost savings and operational excellence programs
Quarterly financial information
Pre-tax expenses			2,900	200
Selling, general and administrative expenses
Quarterly financial information
Pre-tax expenses	9,300					7,000	$ 600	$ (3,600)
Selling, general and administrative expenses \| Multi-year cost savings and operational excellence programs
Quarterly financial information
Pre-tax expenses			$ 8,400	$ 4,200
Joseph Abboud tradename
Quarterly financial information
Pre-tax expenses	$ 17,400
Maximum \| Cost of sales
Quarterly financial information
Pre-tax expenses						$ 100

SUBSEQUENT EVENT (Details)

SUBSEQUENT EVENT (Details) - Subsequent Event - USD ($) $ in Millions	Apr. 05, 2020	Mar. 31, 2020	Mar. 29, 2020	Mar. 19, 2020	Mar. 16, 2020	Mar. 04, 2020
Subsequent Event
Sale of trademarks						$ 115
The percentage reduction in the Board of Director's retainer fee			50.00%
ABL Facility
Subsequent Event
Proceeds from Issuance of Debt		$ 25		$ 25	$ 260
Chief Executive Officer
Subsequent Event
Percentage reduction in base salary			50.00%
All Other Named Executive Officers And Other Executives Reporting Directly To The Chief Executive Officer [Member]
Subsequent Event
Percentage reduction in base salary			25.00%
All Employees With Base Salary In Excess Of One Hundred Thousand Dollare {Member}
Subsequent Event
Percentage reduction in base salary	10.00%