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Document and Entity Information - USD ($) $ in Millions	12 Months Ended
Document and Entity Information - USD ($) $ in Millions	Feb. 01, 2019	Mar. 25, 2019
Document and Entity Information [Abstract]
Entity Registrant Name	Lands' End, Inc.
Entity Central Index Key	0000799288
Current Fiscal Year End Date	--02-01
Entity Filer Category	Accelerated Filer
Document Type	10-K
Document Period End Date	Feb. 01, 2019
Document Fiscal Year Focus	2018
Document Fiscal Period Focus	FY
Amendment Flag	false
Entity Common Stock, Shares Outstanding		32,249,492
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Small Business	false
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Public Float	$ 260.3

Consolidated and Combined Statements of Operations - USD ($) shares in Thousands	12 Months Ended
	Feb. 01, 2019	Feb. 02, 2018	Jan. 27, 2017
Income Statement [Abstract]
Revenues	$ 1,451,592,000	$ 1,406,677,000	$ 1,335,760,000
Gross profit
Cost of sales (excluding depreciation and amortization)	835,536,000	809,474,000	759,352,000
Gross profit	616,056,000	597,203,000	576,408,000
Selling and administrative	545,590,000	538,939,000	536,576,000
Depreciation and amortization	27,558,000	24,910,000	19,003,000
Impairment of Intangible Assets (Excluding Goodwill)	0	0	173,000,000
Other operating expense, net	309,000	4,269,000	460,000
Total costs and expenses	573,457,000	568,118,000	729,039,000
Operating income (loss)	42,599,000	29,085,000	(152,631,000)
Interest expense	28,909,000	25,929,000	24,630,000
Other expense, net	4,059,000	2,708,000	1,619,000
Income (loss) before income taxes	9,631,000	448,000	(178,880,000)
Income tax benefit	(1,959,000)	(27,747,000)	(69,098,000)
NET INCOME (LOSS)	$ 11,590,000	$ 28,195,000	$ (109,782,000)
NET INCOME (LOSS) PER COMMON SHARE ATTRIBUTABLE TO STOCKHOLDERS (Note 2)
Basic earnings per share (in dollars per share)	$ 0.36	$ 0.88	$ (3.43)
Diluted earnings per share (in dollars per share)	$ 0.36	$ 0.88	$ (3.43)
Basic weighted average common shares outstanding	32,190	32,076	32,021
Diluted weighted average common shares outstanding	32,526	32,110	32,021

Consolidated and Combined Balance Sheets - USD ($) $ in Thousands	Feb. 01, 2019	Feb. 02, 2018	Jan. 27, 2017	Jan. 29, 2016
Statement of Financial Position [Abstract]
Cash	$ 193,405	$ 195,581
Current assets
Restricted cash	1,948	2,356
Accounts receivable, net	34,549	49,860
Inventories, net	321,905	332,297
Prepaid expenses and other current assets	36,574	26,659
Total current assets	588,381	606,753
Property and equipment, net	149,894	136,501	$ 122,836
Goodwill	110,000	110,000	110,000
Intangible asset, net	257,000	257,000
Other assets	5,636	13,881
Total assets	1,110,911	1,124,135
Current liabilities
Accounts payable	123,827	155,874
Other current liabilities	117,424	100,257
Total current liabilities	241,251	256,131
Long-term debt, net	482,453	486,248
Long-term deferred tax liabilities	58,670	59,137
Other liabilities	5,826	15,526
Total liabilities	788,200	817,042
Commitments and contingencies
STOCKHOLDERS' EQUITY
Common stock, par value $0.01- authorized: 480,000,000 shares; issued and outstanding: 32,220,080 and 32,101,793, respectively	320	320
Additional paid-in capital	352,733	347,175
Accumulated deficit	(17,159)	(29,810)
Accumulated other comprehensive loss	(13,183)	(10,592)	(12,426)	(9,384)
Total stockholders’ equity	322,711	307,093	$ 271,412	$ 384,509
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 1,110,911	$ 1,124,135

Consolidated and Combined Balance Sheets (Parenthetical) - $ / shares	Jan. 27, 2017	Jan. 29, 2016
Statement of Financial Position [Abstract]
Par value of stock	$ 0.01	$ 0.01
Shares authorized for issuance	480,000,000	480,000,000
Shares outstanding	32,220,080	32,101,793

Consolidated and Combined Statements of Cash Flows $ in Thousands	12 Months Ended
	Feb. 01, 2019 USD ($)	Feb. 02, 2018 USD ($)	Jan. 27, 2017 USD ($)
Statement of Cash Flows [Abstract]
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	$ 195,353	$ 197,937	$ 216,408
CASH FLOWS FROM OPERATING ACTIVITIES
Net income (loss)	11,590	28,195	(109,782)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	27,558	24,910	19,003
Impairment of Intangible Assets (Excluding Goodwill)	0	0	173,000
Product recall	0	0	(212)
Amortization of debt issuance costs	1,755	1,904	1,712
Loss on disposal of property and equipment	278	348	672
Stock-based compensation	6,161	3,951	2,230
Deferred income taxes	223	(32,757)	(67,253)
Change in operating assets and liabilities:
Inventories	7,773	(2,709)	755
Accounts payable	(29,433)	(6,950)	16,951
Other operating assets	17,824	(3,234)	(12,356)
Other operating liabilities	4,471	14,779	(631)
Net cash provided by operating activities	48,200	28,437	24,089
CASH FLOWS FROM INVESTING ACTIVITIES
Proceeds from sale of property and equipment	456	68	47
Purchases of property and equipment	(44,852)	(38,145)	(33,319)
Net cash used in investing activities	(44,396)	(38,077)	(33,272)
Payments Related to Tax Withholding for Share-based Compensation	(603)	(747)	(396)
CASH FLOWS FROM FINANCING ACTIVITIES
Payments on term loan facility	(5,150)	(5,150)	(5,150)
Debt issuance costs	0	(1,515)	0
Net cash used in financing activities	(5,753)	(7,412)	(5,546)
Effects of exchange rate changes on cash	(635)	(1,419)	(531)
NET DECREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH	(2,584)	(18,471)	(15,260)
SUPPLEMENTAL INFORMATION:
Unpaid liability to acquire property and equipment	5,521	7,756	8,419
Income taxes paid	1,221	3,379	3,653
Interest paid	$ 27,243	$ 23,458	$ 22,484

Consolidated and Combined Statements of Changes in Shareholders' Equity - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Retained Earnings	AOCI Attributable to Parent [Member]	AOCI Attributable to Parent [Member]
Shares outstanding at Jan. 29, 2016	32,101,793	31,991,668
Beginning Balance, in USD at Jan. 29, 2016	$ 384,509	$ 320	$ 344,244	$ 49,329	$ (9,384)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(109,782)			(109,782)		$ 0
Cumulative translation adjustment, net of tax	(3,042)				(3,042)
Prior period tax adjustment to Paid in Capital	(2,107)		(2,107)
Stock-based compensation expense	2,230		2,230
Vesting of restricted shares (in shares)		57,543
Restricted stock shares surrendered for taxes (in shares)		(19,852)
Cumulative translation adjustment, net of tax	0
Reclassification of net parent company investment to common stock and additional paid-in capital in conjunction with the separation, in USD	$ (396)	$ 0	(396)
Shares outstanding at Jan. 27, 2017	32,220,080	32,029,359
Ending Balance, in USD at Jan. 27, 2017	$ 271,412	$ 320	343,971	(60,453)	(12,426)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	28,195			28,195
Cumulative translation adjustment, net of tax	4,282				4,282
Tax Act Impact				2,448	(2,448)
Stock-based compensation expense	3,951	$ 0	3,951
Vesting of restricted shares (in shares)		110,162
Vesting of restricted shares	0
Restricted stock shares surrendered for taxes (in shares)		(37,728)
Dividends	28,195
Reclassification of net parent company investment to common stock and additional paid-in capital in conjunction with the separation, in USD	(747)	$ 0	(747)
Shares outstanding at Feb. 02, 2018		32,101,793
Ending Balance, in USD at Feb. 02, 2018	307,093	$ 320	347,175	(29,810)	(10,592)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Cumulative Effect of New Accounting Principle in Period of Adoption	1,061			1,061
Net income (loss)	11,590			11,590
Cumulative translation adjustment, net of tax	(2,591)				(2,591)
Stock-based compensation expense	6,161		6,161
Vesting of restricted shares (in shares)		151,401
Restricted stock shares surrendered for taxes (in shares)		(33,114)
Restricted stock shares surrendered for taxes	603		(603)
Shares outstanding at Feb. 01, 2019		32,220,080
Ending Balance, in USD at Feb. 01, 2019	$ 322,711	$ 320	$ 352,733	$ (17,159)	$ (13,183)

Consolidated and Combined Statements of Comprehensive Income Statement - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2019	Feb. 02, 2018	Jan. 27, 2017
Consolidated and Combined Statements of Comprehensive Operations [Abstract]
Net income (loss)	$ 11,590	$ 28,195	$ (109,782)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax	(2,591)	4,282	(3,042)
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	$ 8,999	$ 32,477	$ (112,824)

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

Debt Disclosure Statement - Fair Value, Inputs, Level 2 [Member] - USD ($) $ in Thousands	Feb. 01, 2019	Feb. 02, 2018
Reported Value Measurement [Member] \| Secured Debt [Member] \| Term Loan Facility [Member]
Debt Instrument [Line Items]
Long-term Debt	$ 490,538	$ 495,688
Estimate of Fair Value Measurement [Member]
Debt Instrument [Line Items]
Long-term Debt	$ 460,493	$ 443,641

Background and Basis of Presentation	12 Months Ended
Background and Basis of Presentation	Feb. 01, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Background and Basis of Presentation	BACKGROUND AND BASIS OF PRESENTATION Description of Business Lands' End, Inc. ("Lands' End" or the "Company") is a leading multi-channel retailer of casual clothing, accessories and footwear, as well as home products. Lands' End offers products through catalogs, online at www.landsend.com and affiliated specialty and international websites, and through retail locations, primarily at Lands' End Shops at Sears and Lands' End stores. Terms that are commonly used in the Company's notes to consolidated financial statements are defined as follows: •ABL Facility - Asset-based senior secured credit agreements, dated as of November 16, 2017, with Wells Fargo Bank, N.A. and certain other lenders •ASC - Financial Accounting Standards Board Accounting Standards Codification, which serves as the source for authoritative GAAP, as supplemented by rules and interpretive releases by the SEC which are also sources of authoritative GAAP for SEC registrants •ASU - Financial Accounting Standards Board Accounting Standards Update •CAM - Common area maintenance for leased properties •Debt Facilities - Collectively, the ABL Facility and the Term Loan Facility •Deferred Awards - Time vesting stock awards •EPS - Earnings per share •ERP - Enterprise resource planning software solutions •ESL - ESL Investments, Inc. and its investment affiliates, including Edward S. Lampert •FASB - Financial Accounting Standards Board •First Quarter 2018 - The 13 weeks ended May 4, 2018 •First Quarter 2019 - The 13 weeks ended May 3, 2019 •Fiscal 2019 - The Company's next fiscal year representing the 52 weeks ending January 31, 2020 •Fiscal 2018 - The 52 weeks ended February 1, 2019 •Fiscal 2017 - The 53 weeks ended February 2, 2018 •Fiscal 2016 - The 52 weeks ended January 27, 2017 •Fourth Quarter 2018 - The 13 weeks ended February 1, 2019 •Fourth Quarter 2017 - The 14 weeks ended February 2, 2018 •GAAP - Accounting principles generally accepted in the United States •Kmart Holding Corporation - a subsidiary of Sears Holdings Corporation •LIBOR - London inter-bank offered rate •Performance Awards - Performance-based stock awards •Option Awards - Stock option awards •Sears Holdings or Sears Holdings Corporation - Sears Holdings Corporation, a Delaware corporation, and its consolidated subsidiaries •Sears Roebuck - Sears, Roebuck and Co., a subsidiary of Sears Holdings Corporation •SEC - United States Securities and Exchange Commission •Separation - On April 4, 2014 Sears Holdings distributed 100% of the outstanding common stock of Lands' End to its shareholders •SHMC - Sears Holdings Management Corporation, a subsidiary of Sears Holdings Corporation •SHCP - SHC Promotions LLC, a subsidiary of Sears Holdings Corporation •Tax Act - The Tax Cuts and Jobs Act passed by the United States government on December 22, 2017 •Tax Sharing Agreement - A tax sharing agreement entered into by Sears Holdings Corporation and Lands' End in connection with the Separation •Term Loan Facility - Term loan credit agreements, dated as of April 4, 2014, with Bank of America, N.A. and certain other lenders •Transform Holdco - Transform Holdco LLC, an affiliate of ESL, which on February 11, 2019 acquired from Sears Holdings substantially all of the go-forward retail footprint and other assets and component businesses of Sears Holdings as a going concern •UTBs - Gross unrecognized tax benefits Basis of Presentation The Consolidated Financial Statements include the accounts of Lands' End, Inc. and its subsidiaries. All intercompany transactions and balances have been eliminated. The accompanying Consolidated Financial Statements have been prepared in accordance with GAAP. In the opinion of management, all material adjustments are of a normal and recurring nature necessary for a fair presentation of the results for the periods presented have been reflected. Dollar amounts are reported in thousands, except per share data, unless otherwise noted.

Summary of Significant Accounting Policies

12 Months Ended

Feb. 01, 2019

Accounting Policies [Abstract]

Summary of Significant Accounting Policies

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Fiscal Year

The Company's fiscal year end is on the Friday preceding the Saturday closest to January 31 each year. The fiscal periods in this report are presented as follows, unless the context otherwise requires:



Fiscal Year	Ended	Weeks
2018	February 1, 2019	52
2017	February 2, 2018	53
2016	January 27, 2017	52

Seasonality

The Company's operations have historically been seasonal, with a disproportionate amount of net revenue occurring in the fourth fiscal quarter, reflecting increased demand during the year-end holiday selling season. The impact of seasonality on results of operations is more pronounced since the level of certain fixed costs, such as occupancy and overhead expenses, do not vary with sales. The Company's results of operations also may fluctuate based upon such factors as the timing of certain holiday seasons and promotions, the amount of net revenue contributed by new and existing stores, the timing and level of markdowns, competitive factors, weather and general economic conditions.

Working capital requirements typically increase during the second and third quarters of the fiscal year as inventory builds to support peak shipping/selling periods and, accordingly, typically decrease during the fourth quarter of the fiscal year as inventory is shipped/sold. Cash provided by operating activities is typically higher in the fourth quarter of the fiscal year due to reduced working capital requirements during that period.

Use of Estimates

The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reportable amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements as well as the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.

Cash and cash equivalents

Cash and cash equivalents consist of highly liquid temporary instruments purchased with original maturities of three months or less. It also includes deposits in-transit from banks for payments related to third-party credit card and debit card transactions.

Restricted cash

The Company classifies cash balances pledged as collateral as Restricted cash on the Consolidated Balance Sheets.

Allowance for Doubtful Accounts

The Company provides an allowance for doubtful accounts based on both historical experience and specific identification. Allowances for doubtful accounts on accounts receivable balances were $542 thousand as of February 1, 2019 and $637 thousand as of February 2, 2018. The Accounts receivable balance on the Consolidated Balance Sheets is presented net of the Company's allowance for doubtful accounts and is comprised of various customer-related accounts receivable.

Changes in the balance of the allowance for doubtful accounts are as follows:



(in thousands)	Fiscal 2018			Fiscal 2017			Fiscal 2016
Beginning balance	$	637		$	579		$	626
Provision	192			187			281
Write-offs	(287		)	(129		)	(328		)
Ending balance	$	542		$	637		$	579

Inventory

Inventories primarily consist of merchandise purchased for resale. For financial reporting and tax purposes, the Company's United States inventory, primarily merchandise held for sale, is stated at last-in, first-out ("LIFO") cost, which is lower than net realizable value. The Company accounts for its non-United States inventory on the first-in, first-out ("FIFO") method. The United States inventory accounted for using the LIFO method was 88% of total inventory as of February 1, 2019 as well as February 2, 2018. If the FIFO method of accounting for inventory had been used, the effect on inventory would have been an increase of $1.1 million and $1.0 million as of February 1, 2019 and February 2, 2018, respectively.

The Company maintains a reserve for excess and obsolete inventory. The reserve is calculated based on historical experience related to liquidation/disposal of identified inventory. The excess and obsolescence reserve balances were $12.5 million and $12.1 million as of February 1, 2019 and February 2, 2018, respectively.

In Fiscal 2016, the Company sold approximately $3.8 million of inventory in exchange for marketing trade credits. This was recorded as a non-monetary transaction and the trade credits receivable was recorded at the value of the inventory exchanged. The Company had approximately $0.3 million and $0.9 million of trade credits receivable recorded in Accounts receivable, net as of February 1, 2019 and February 2, 2018, respectively, and an additional $3.5 million of trade credits receivable recorded in Other assets as of February 1, 2019 as well as February 2, 2018. Trade credit receivable balances include credits recorded in prior years.

Deferred Catalog Costs and Marketing

Costs incurred for direct response marketing consist primarily of catalog production and mailing costs that are generally amortized within two months from the date catalogs are mailed. Unamortized marketing costs reported as prepaid assets were $13.5 million and $13.7 million as of February 1, 2019 and February 2, 2018, respectively. The Company expenses the costs of marketing for website, magazine, newspaper, radio and other general media when the marketing takes place. Marketing expenses, including catalog costs amortization, website-related costs and other print media were $186.9 million, $186.4 million and $193.2 million for Fiscal 2018, Fiscal 2017 and Fiscal 2016, respectively. These costs are included within Selling and administrative expenses in the accompanying Consolidated Statements of Operations.

Property and Equipment

Property and equipment are recorded at cost, less accumulated depreciation. Additions and substantial improvements are capitalized and include expenditures that materially extend the useful lives of existing facilities and equipment. Maintenance and repairs that do not materially improve or extend the lives of the respective assets are expensed as incurred. As of the balance sheet dates, Property and equipment, net consisted of the following:



(in thousands)	Asset Lives	February 1, 2019			February 2, 2018
Land	—	$	3,459		$	3,533
Buildings and improvements	15-30	99,400			100,122
Furniture, fixtures and equipment	3-10	62,823			69,940
Computer hardware and software	3-10	146,400			122,336
Leasehold improvements	3-7	6,569			10,329
Assets in development		27,296			23,428
Gross property and equipment		345,947			329,688
Accumulated depreciation		(196,053		)	(193,187		)
Total property and equipment, net		$	149,894		$	136,501

As of February 1, 2019 and February 2, 2018, assets in development relate primarily to technological investments in the ERP system. Assets placed in service related to the ERP system during Fiscal 2018 were $16.2 million.

Depreciation expense is recorded over the estimated useful lives of the respective assets using the straight-line method. Leasehold improvements are depreciated over the shorter of the associated lease term or the estimated useful life of the asset. Depreciation expense was $27.6 million, $24.9 million and $19.0 million for Fiscal 2018, Fiscal 2017 and Fiscal 2016, respectively.

Impairment of Property and Equipment

Property and equipment are subject to a review for impairment if events or changes in circumstances indicate that the carrying amount of the asset may not be recoverable. If the sum of the expected future undiscounted cash flows generated by an asset or asset group is less than its carrying amount, the Company then determines the fair value of the asset generally by using a discounted cash flow model. When an impairment loss is recognized, the carrying amount of the asset is reduced to its estimated fair value as determined based on quoted market prices or through the use of other valuation techniques. During Fiscal 2018 an impairment of $254 thousand was recognized for property and equipment in two Retail locations. There were no impairments of property and equipment recognized in Fiscal 2017 or Fiscal 2016.

Goodwill and Indefinite-lived Intangible Asset Impairment Assessments

Goodwill and the indefinite-lived trade name intangible asset are tested separately for impairment on an annual basis, or are evaluated for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. The Company's goodwill and trade name intangible asset were originally valued in connection with Kmart Holding Corporation's acquisition of Sears Roebuck in March 2005.

The Company's impairment evaluation contains multiple uncertainties because it requires management to make assumptions and to apply judgment to estimate future cash flows and asset fair values, including forecasting cash flows under different scenarios. We perform goodwill and indefinite-lived intangible asset impairment tests on an annual basis and update these annual impairment tests mid-year if events or circumstances occur that would more likely than not reduce the fair value of a reporting unit or indefinite-lived intangible asset below its carrying amount. If actual results fall short of the Company's estimates and assumptions used in estimating future cash flows and asset fair values, the Company may be exposed to losses that could be material.

Goodwill impairment assessments

The Company tests goodwill for impairment using a one-step quantitative test. The quantitative test compares the reporting unit's fair value to its carrying value. An impairment is recorded for any excess carrying value above the reporting unit's fair value, not to exceed the amount of goodwill. The Company estimates fair value using a discounted cash flow model, commonly referred to as the income approach. The income approach uses a reporting unit's projection of estimated operating results and cash flows that is discounted using a weighted-average cost of capital that reflects current market conditions appropriate to the Company's reporting unit. The projection uses management's best estimates of economic and market conditions over the projected period using the best information available, including growth rates in revenues, costs, estimates of future expected changes in operating margins and cash expenditures. Other significant estimates and assumptions include terminal value growth rates, future estimates of capital expenditures and changes in future working capital requirements.

Prior to February 1, 2019, the Company had two reporting units, Direct and Retail. Goodwill was allocated to the Direct reporting unit as Retail did not exist at the time of the Kmart Holding Corporation’s acquisition of Sears Roebuck in March 2005. During Fiscal 2018, Fiscal 2017 and Fiscal 2016, the fair value of the reporting unit exceeded its carrying value and as such, the Company did not record a goodwill impairment charge. A reporting unit is an operating segment, or one level below an operating segment, for which discrete financial information is prepared and regularly reviewed by management. As a result of the Fiscal 2018 year end change in operating segments discussed in Note 12, the Company has reassessed the reporting units. At the end of Fiscal 2018, Lands' End's reporting units were identical to the operating segments of U.S. eCommerce, Outfitters, Europe eCommerce, Japan eCommerce and Retail. Goodwill was allocated to these reporting units based on relative fair value resulting in goodwill being allocated to the U.S. eCommerce, Outfitters and Japan eCommerce reporting units. The Europe eCommerce and Retail reporting units were not allocated goodwill. As required, the Company performed an impairment test before the change and after the change. Neither resulted in the recognition of impairment. At the end of Fiscal 2018, the fair value of these reporting units exceeded the carrying value by 56.1%, 30.2% and 36.7% respectively.

Goodwill impairment charges may be recognized in future periods to the extent changes in factors or circumstances occur, including deterioration in the macroeconomic environment, retail industry or in the equity markets, deterioration in our performance or our future projections, or changes in our plans for the reporting unit.

Indefinite-lived intangible asset impairment assessments

The Company's indefinite-lived intangible asset is the Lands' End trade name. Lands' End reviews the trade name for impairment, on an annual basis, by comparing the carrying amount to its fair value, using the income approach. Lands' End determined that the relief from royalty method of the income approach was most appropriate for analyzing the Company's indefinite-lived asset. This method is based on the assumption that, in lieu of ownership, a firm would be willing to pay a royalty in order to exploit the related benefits of this asset class. The relief from royalty method involves two steps: (1) estimation of reasonable royalty rates for the assets and (2) the application of these royalty rates to a net revenue stream and discounting the resulting cash flows to determine a present value. The Company multiplied the selected royalty rate by the forecasted net revenue stream to calculate the cost savings (relief from royalty payment) associated with the asset. The cash flows are then discounted to present value using the selected discount rate and compared to the carrying value of the asset.

In Fiscal 2018, Fiscal 2017 and Fiscal 2016, the Company tested the indefinite-lived intangible assets as required. As a result of this testing, in Fiscal 2016 the Company recorded a non-cash pretax trade name impairment charge of approximately $173.0 million to the Intangible asset impairment line in the Consolidated Statements of Operations. During Fiscal 2018 and Fiscal 2017 the fair value exceeded the carrying value by 45.1% and 9.7% respectively and as such, no trade name impairment charges were recorded in either period.

Financial Instruments with Off-Balance-Sheet Risk

The Company entered into the ABL Facility on November 16, 2017, which provides for maximum borrowings of $175.0 million for the Company, subject to a borrowing base. The ABL Facility has a letter of credit sub-limit of $70.0 million and will mature no later than November 16, 2022, subject to customary extension provisions provided for therein. The ABL Facility is available for working capital and other general corporate purposes, and was undrawn, other than for letters of credit. See Note 3, Debt.

Fair Value of Financial Instruments

The Company determines the fair value of financial instruments in accordance with accounting standards pertaining to fair value measurements. Such standards define fair value and establish a framework for measuring fair value in accordance with GAAP. Under fair value measurement accounting standards, fair value is considered to be the exchange price in an orderly transaction between market participants to sell an asset or transfer a liability at the measurement date. The Company reports or discloses the fair value of financial assets and liabilities based on the fair value hierarchy prescribed by accounting standards for fair value measurements, which prioritizes the inputs to valuation techniques used to measure fair value into three levels.

Financial instruments that potentially subject the Company to concentration of credit risk consist principally of accounts receivable. Total accounts receivable were $34.5 million and $49.9 million as of February 1, 2019 and February 2, 2018, respectively. Bad debt expense was $0.2 million, $0.2 million and $0.3 million in Fiscal 2018, Fiscal 2017 and Fiscal 2016, respectively. At February 1, 2019 and February 2, 2018 accounts receivable included $0.1 million and $2.0 million, respectively, due from Sears Holdings.

Cash and cash equivalents, Accounts receivable, Accounts payable and Other current liabilities are reflected in the Consolidated Balance Sheets at cost, which approximates fair value due to the short-term nature of these instruments.

Long-term debt, net is reflected in the Consolidated Balance Sheets at amortized cost. The fair value of debt was determined utilizing level 2 valuation techniques based on the closing inactive market bid price on February 1, 2019 and February 2, 2018. See Note 7, Fair Value of Financial Assets and Liabilities.

Foreign Currency Translations and Transactions

The Company translates the assets and liabilities of foreign subsidiaries from their respective functional currencies to United States dollars at the appropriate spot rates as of the balance sheet date. Revenue and expenses of operations are translated to United States dollars using weighted average exchange rates during the year. The foreign subsidiaries use the local currency as their functional currency. The effects of foreign currency translation adjustments are included as a component of Accumulated other comprehensive loss in the accompanying Consolidated Statements of Changes in Stockholders' Equity. The Company recognized an insignificant gain in Fiscal 2018, a loss of $4.8 million in Fiscal 2017 and an insignificant loss in Fiscal 2016, in the accompanying Consolidated Statements of Operations.

Revenue Recognition

Revenue includes sales of merchandise and delivery revenue related to merchandise sold. Substantially all of the Company's revenue is recognized when control of product passes to customers, which for the eCommerce and Outfitters channels is when the merchandise is expected to be received by the customer and for the Retail channel is at the time of sale in the store. The Company recognizes revenue, including shipping and handling fees billed to customers, in the amount expected to be received when control of the Company's products transfers to customers, and is presented net of various forms of promotions, which range from contractually-fixed percentage price reductions to sales returns, discounts, and other incentives that may vary in amount. Variable amounts are estimated based on an analysis of historical experience and adjusted as better estimates become available. The Company's revenue is disaggregated by channel and geographic location.

The Company elected to exclude from revenue, taxes assessed by governmental authorities, including value-added and other sales-related taxes, that are imposed on and concurrent with revenue-producing activities, and as a result there is no change in presentation from prior comparative periods.

Contract Liabilities

Contract liabilities consist of payments received in advance of the transfer of control to the customer. As products are delivered and control transfers, the Company recognizes the deferred revenue in Net revenue in the Consolidated Statements of Operations. The following table summarizes the deferred revenue associated with payments received in advance of the transfer of control to the customer reported in Other current liabilities in the Consolidated Balance Sheets and amounts recognized through Net revenue for each period presented. The remainder of deferred revenue as of February 1, 2019 is expected to be recognized in Net revenue in the fiscal quarter ending May 4, 2019, as products are delivered to customers.



(in thousands)	Fiscal 2018
Deferred revenue beginning of period	$	12,993
Deferred revenue recognized in period	(12,993		)
Revenue deferred in period	9,051
Deferred revenue end of period	$	9,051

Revenue from gift cards is recognized when (i) the gift card is redeemed by the customer for merchandise, or (ii) as gift card breakage, an estimate of gift cards which will not be redeemed where the Company does not have a legal obligation to remit the value of the unredeemed gift cards to the relevant jurisdictions. Gift card breakage is recorded within Net revenue in the Consolidated Statements of Operations. Prior to their redemption, gift cards are recorded as a liability, included within Other current liabilities in the Consolidated Balance Sheets. The total contract liability related to gift cards issued was $18.2 million and $19.3 million in Fiscal 2018 and Fiscal 2017 respectively. The liability is estimated based on expected breakage that considers historical patterns of redemption. The following table provides the reconciliation of the contract liability related to gift cards:



(in thousands)	Fiscal 2018
Balance as of beginning of period	$	19,272
Gift cards sold	57,465
Gift cards redeemed	(56,502		)
Gift card breakage	(984		)
Change in accounting principle	(1,060		)
Balance as of February 1, 2019	$	18,191

Refund Liabilities

Refund liabilities, primarily associated with product sales returns and retrospective volume rebates, represent variable consideration and are estimated and recorded as a reduction to Net revenue based on historical experience. As of Fiscal 2018 and Fiscal 2017, $22.2 million and $11.1 million, respectively, of refund liabilities, primarily associated with product returns, were reported in Other current liabilities in the Condensed Consolidated Balance Sheets. Prior to adoption, product return assets and return liabilities were reported net within Other current liabilities. As of the adoption date, the product return assets were reclassified and reported as a component of Prepaid expenses and other current assets, and return liabilities continued to be reported in Other current liabilities in the Company's Consolidated Balance Sheet.

Cost of Sales

Cost of sales are comprised principally of the costs of merchandise, in-bound freight, duty, warehousing and distribution (including receiving, picking, packing, store delivery and value added costs), customer shipping and handling costs and physical inventory losses. Depreciation and amortization are not included in the Company's Cost of sales.

The Company participates to a limited extent in Sears Holdings' Shop Your Way program. Customers earn points issued by SHMC on purchases made in Lands’ End Shops at Sears which may be redeemed to pay for future purchases at Lands’ End Shops at Sears. The Company pays SHMC an agreed-upon fee for points issued in connection with purchases from the Company. Depending on the ratio of points redeemed in Lands' End formats to points issued in Lands' End formats in the previous 12 months, the Company generally either pays additional fees or is reimbursed fees by SHMC. All Shop Your Way program expenses are recorded in Cost of sales in the Consolidated Statements of Operations. The expenses for this program are recorded in Cost of sales, as described in Note 11, Related Party Agreements and Transactions.

Selling and Administrative Expenses

Selling and administrative expenses are comprised principally of payroll and benefits costs, marketing, occupancy costs of retail stores and corporate facilities, buying, pre-opening costs and other administrative expenses. All stock-based compensation is recorded in Selling and administrative expenses. See Note 5, Stock-Based Compensation.

Selling and administrative expenses included $30.2 million, $47.1 million and $52.9 million in Fiscal 2018, Fiscal 2017 and Fiscal 2016, respectively, of costs allocated or charged to the Company by Sears Holdings. See Note 11, Related Party Agreements and Transactions.

Restructuring Costs

During Fiscal 2017, the Company implemented an initiative to right-size its New York Office in an effort to create efficiencies and refocus the Company back to its corporate headquarters in Dodgeville, Wisconsin. The restructuring included certain headcount reductions and the exit of a facility. The total restructuring charge as a result of this action was $3.9 million.

The following table summarizes the activity of the Company's restructuring accrual:



(in thousands)	Termination Costs			Other Costs			Total
Balance as of January 27, 2017	$	—		$	—		$	—
Provision	2,401			1,520			3,921
Cash disbursements	(1,793		)	—			(1,793		)
Non-cash items	—			546			546
Balance as of February 2, 2018	$	608		$	2,066		$	2,674

Cash disbursements	(608		)	(757		)	(1,365		)
Balance as of February 1, 2019	$	—		$	1,309		$	1,309

Termination costs consist of involuntary employee termination benefits and severance pursuant to a nonrecurring benefit arrangement recognized as part of a restructuring initiative. Other costs consist of non-termination type costs, including lease termination costs and incremental costs to consolidate or close facilities and relocate employees.

Income Taxes

Deferred income tax assets and liabilities are based on the estimated future tax effects of differences between the financial and tax basis of assets and liabilities based on currently enacted tax laws. The tax balances and income tax expense recognized are based on management's interpretation of the tax laws of multiple jurisdictions. Income tax expense also reflects best estimates and assumptions regarding, among other things, the level of future taxable income and tax planning. Future changes in tax laws, changes in projected levels of taxable income, tax planning and adoption and implementation of new accounting standards could impact the effective tax rate and tax balances recorded.

Tax positions are recognized when they are more likely than not to be sustained upon examination. The amount recognized is measured as the largest amount of benefit that is more likely than not to be realized upon settlement. The Company is subject to periodic audits by the United States Internal Revenue Service and other state and local taxing authorities. These audits may challenge certain of the Company's tax positions such as the timing and amount of income and deductions and the allocation of taxable income to various tax jurisdictions. The Company evaluates its tax positions and establishes liabilities in accordance with the applicable accounting guidance on uncertainty in income taxes. These tax uncertainties are reviewed as facts and circumstances change and are adjusted accordingly. This requires significant management judgment in estimating final outcomes. Interest and penalties are classified as Income tax expense in the Consolidated Statements of Operations. See Note 9, Income Taxes, for further details.

The Company performed an evaluation over its deferred tax assets and determined that a valuation allowance is considered necessary. See Note 9, Income Taxes, for further details on the valuation allowance. Excluding the $173.0 million non-cash impairment charge to the indefinite-lived intangible asset in Fiscal 2016 the Company would not be in a cumulative loss position.

Lands' End and Sears Holdings Corporation entered into the Tax Sharing Agreement in connection with the Separation which governs Sears Holdings Corporation's and Lands' End's respective rights, responsibilities and obligations after the Separation with respect to liabilities for United States federal, state, local and foreign taxes attributable to the Lands' End business. Pursuant to this agreement, Sears Holdings Corporation is generally responsible for all United States federal, state and local UTBs, through the date of the Separation. On October 15, 2018, Sears Holdings Corporation and certain of its subsidiaries filed voluntary petitions in the United States Bankruptcy Court for the Southern District of New York seeking relief under Chapter 11 of Title 11 of the United States Code (collectively the “Sears Filing").As a result of the Sears Filing, the Company believes that the recovery of the UTBs provided by the Tax Sharing Agreement is uncertain.

Self-Insurance

The Company has a self-insured plan for health and welfare benefits and provides an accrual to cover the obligation. The accrual for the self-insured liability is based on claims filed and an estimate of claims incurred but not yet reported. The Company considers a number of factors, including historical claims information, when determining the amount of the accrual. Costs related to the administration of the plan and related claims are expensed as incurred. Total expenses were $17.1 million, $16.5 million and $18.2 million for Fiscal 2018, Fiscal 2017 and Fiscal 2016, respectively.

The Company also has a self-insured plan for certain costs related to workers' compensation. The Company obtains third-party insurance coverage to limit exposure to this self-insured risk.

Postretirement Benefit Plan

Effective January 1, 2006, the Company decided to indefinitely suspend eligibility to the postretirement medical plan for future company retirees.

The Company has a 401(k) retirement plan, which covers most regular employees and allows them to make contributions. The Company also provides a matching contribution on a portion of the employee contributions. Total expense incurred under this plan was $3.5 million, $3.2 million and $3.3 million for Fiscal 2018, Fiscal 2017 and Fiscal 2016, respectively.

Other Comprehensive Income (Loss)

Other comprehensive income (loss) encompasses all changes in equity other than those arising from transactions with stockholders, and is comprised solely of foreign currency translation adjustments, impact of the Tax Act on the translation adjustments and net income (loss).



(in thousands)	Fiscal 2018			Fiscal 2017			Fiscal 2016
Beginning balance: Accumulated other comprehensive loss (net of tax of $2,816, $6,691 and $5,053, respectively)	$	(10,592	)	$	(12,426	)	$	(9,384	)
Other comprehensive income (loss)
Foreign currency translation adjustments (net of tax of $689, $(1,427) and $1,638, respectively)	(2,591		)	4,282			(3,042		)
Impact of Tax Act	—			(2,448		)	—
Ending balance: Accumulated other comprehensive loss (net of tax of $3,505, $2,816 and $6,691, respectively)	$	(13,183	)	$	(10,592	)	$	(12,426	)

As a result of the Tax Act, in Fiscal 2017, $2.4 million was reclassified out of Accumulated other comprehensive loss into Accumulated deficit in accordance with the adoption of ASU 2018-02, Income Statement - Reporting Comprehensive Income. See New Accounting Pronouncements for further discussion. No other amounts were reclassified out of Accumulated other comprehensive loss in the periods presented.

Stock-Based Compensation

Stock-based compensation expense for restricted stock units is determined based on the grant date fair value. The fair value is determined based on the Company's stock price on the date of the grant. The Company recognizes stock-based compensation cost net of estimated forfeitures and revises the estimates in subsequent periods if actual forfeitures differ from the estimates. The Company estimates the forfeiture rate based on historical data as well as expected future behavior. Stock-based compensation is recorded in Selling and administrative expense in the Consolidated Statements of Operations over the period in which the employee is required to provide service in exchange for the restricted stock units.

Earnings per Share

The numerator for both basic and diluted EPS is net income attributable to Lands' End. The denominator for basic EPS is based upon the number of weighted average shares of Lands' End common stock outstanding during the reporting periods. The denominator for diluted EPS is based upon the number of weighted average shares of Lands' End common stock and common stock equivalents outstanding during the reporting periods using the treasury stock method in accordance with ASC 260, Earnings Per Share.

The following table summarizes the components of basic and diluted EPS:



(in thousands, except per share amounts)	Fiscal 2018		Fiscal 2017		Fiscal 2016
Net income (loss)	$	11,590	$	28,195	$	(109,782	)

Basic weighted average shares outstanding	32,190		32,076		32,021
Dilutive effect of stock awards	336		34		—
Diluted weighted average shares outstanding	32,526		32,110		32,021

Basic earnings (loss) per share	$	0.36	$	0.88	$	(3.43	)
Diluted earnings (loss) per share	$	0.36	$	0.88	$	(3.43	)

Stock awards are considered anti-dilutive based on the application of the treasury stock method or in the event of a net loss. There were 438,583, 397,669 and 163,633 anti-dilutive shares excluded from the diluted weighted average shares outstanding in Fiscal 2018, Fiscal 2017 and Fiscal 2016, respectively.

New Accounting Pronouncements

Income Statement - Reporting Comprehensive Income

In February 2018, the FASB issued ASU 2018-02, Income Statement - Reporting Comprehensive Income, in response to the Tax Cuts and Jobs Act enacted on December 22, 2017 by the U.S. federal government. The standard eliminates the stranded tax effects resulting from the Tax Cuts and Jobs Act by reclassifying the effect out of Accumulated other comprehensive loss and into Accumulated deficit. This guidance was adopted by the Company during Fourth Quarter 2017 and resulted in a $2.4 million reclassification on the Consolidated Balance Sheets from Accumulated other comprehensive loss to Accumulated deficit in the period the standard was adopted. See Note 9, Income Taxes, for additional details.

Revenue from Contracts with Customers

In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers, which provides guidance for revenue recognition. In First Quarter 2018, the Company adopted the guidance using the modified retrospective method resulting in only those contracts that were open as of the date of adoption requiring assessment. The comparative information presented in the Consolidated Financial Statements was not restated and is reported under the accounting standards in effect for the periods presented. The adoption of this guidance did not have, and is not expected to have, a significant impact on our reported revenue, gross margin or income from operations.

Revenue includes sales of merchandise and delivery revenue related to merchandise sold. Substantially all of the Company's revenue is recognized when control of product passes to customers. Revenue is adjusted for estimated returns and volume rebates with a corresponding liability recorded. Effective in the First Quarter 2018, the Company changed its balance sheet presentation for estimated product returns by reporting a product return asset for the right to receive returned products and a returns liability for amounts expected to be refunded to customers as a result of product returns. The product return asset is reported within Prepaid expenses and other current assets in the Consolidated Balance Sheet. Prior to adoption, product return assets were netted against the returns liability and reported within Other current liabilities. The impact of the adoption was recorded as a non-cash transaction in Other operating assets and Other operating liabilities in the Consolidated Statement of Cash Flows. The returns liability and payments received from customers for future delivery of products are reported within Other current liabilities in the Consolidated Balance Sheet. The adoption of this guidance did not have an impact on the recording of these liabilities.

Recognition of Breakage for Certain Prepaid Stored-Value Products

The Company sells gift certificates, gift cards and e-certificates (collectively, "gift cards") to customers through both the eCommerce and Retail channels. The gift cards do not have expiration dates. Revenue from gift cards is recognized when (i) the gift card is redeemed by the customer for merchandise, or (ii) as gift card breakage, an estimate of gift cards which will not be redeemed where the Company does not have a legal obligation to remit the value of the unredeemed gift cards to the relevant jurisdictions.

In March 2016, the FASB issued ASU 2016-04, Recognition of Breakage for Certain Prepaid Stored-Value Products. This update clarifies when it is acceptable to recognize the unredeemed portion of prepaid gift cards into income. The Company has evaluated the impacts of this ASU and has identified a change in the timing of recognition of revenue from gift cards. The Company will recognize breakage income over the breakage period for the estimated portion of unredeemed gift cards that is unlikely to be redeemed where the Company does not have an obligation to remit the value of the unredeemed gift card to the relevant jurisdiction as unclaimed or abandoned property. Previously the Company recognized gift card breakage after three years of no activity, or when the likelihood of redemption was considered remote. This guidance was adopted by the Company during First Quarter 2018 and resulted in a cumulative impact to be recognized as a reduction in Accumulated deficit and Other current liabilities of $1.1 million for estimated gift card breakage occurring prior to Fiscal 2018, under the modified retrospective approach described under the preceding Revenue from Contracts with Customers section.

The impact of adoption on the Consolidated Balance Sheet as of February 3, 2018 was:



(in thousands)	February 2, 2018 (As reported)			Impact of Adoption		February 3, 2018
Assets:
Prepaid expenses and other current assets	$	26,659		$	10,425	$	37,084
Liabilities:
Other current liabilities	100,257			9,365		109,622
Stockholder' equity:
Accumulated deficit	(29,810		)	1,060		(28,750		)

The impact of the new revenue recognition guidance on our Consolidated Balance Sheet as of February 1, 2019 was:



(in thousands)	Balances Without Adoption			Impact of Adoption		As Reported
Assets:
Prepaid expenses and other current assets	$	25,381		$	11,193	$	36,574
Liabilities:
Other current liabilities	107,259			10,165		117,424
Stockholder' equity:
Accumulated deficit	(18,188		)	1,029		(17,159		)

Classification of Certain Cash Receipts and Cash Payments

In August 2016, the FASB issued ASU 2016-15, Classification of Certain Cash Receipts and Cash Payments. This update clarifies guidance to reduce the current diversity in practice of the classification of certain cash receipts and cash payments within the Consolidated Statement of Cash Flows. This guidance was effective for Lands' End in the first quarter of its Fiscal 2018. The adoption of this guidance did not have a material impact on the Consolidated Statement of Cash Flows.

Restricted Cash

In November 2016, the FASB issued ASU 2016-18, Restricted Cash. This ASU requires the inclusion of Restricted cash with Cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown on the Consolidated Statement of Cash Flows. This guidance was adopted by the Company during First Quarter 2018. As a result of the adoption, the Company changed the presentation in its Consolidated Statements of Cash Flows for all periods presented.

Leases

In February 2016 the FASB issued ASU 2016-02, Leases (ASC 842), which will change how lessees account for leases. For most leases, a liability will be recorded on the balance sheet based on the present value of future lease obligations with a corresponding right-of-use asset. Primarily for those leases currently classified by the Company as operating leases, the Company will recognize a single lease cost, on a straight line basis, based on the combined amortization of the lease obligation and the right-of-use asset. The Company is a lessee under various lease agreements for its retail stores and equipment. These leases are currently accounted for as operating leases as discussed in Note 4, Leases. Upon transition, the Company will recognize a cumulative-effect adjustment to the retained earnings, on the opening balance sheet, in the period of adoption, using a modified retrospective approach. Lands’ End believes the adoption of this ASU will have a material impact on its Consolidated Balance Sheet. The Company plans to elect certain optional practical expedients which include the option to retain the current classification of leases entered into prior to February 1, 2019, and thus does not anticipate a material impact to the Consolidated Statements of Operations or Consolidated Statements of Cash Flows. The Company additionally plans to adopt an optional transition method finalized by the FASB in July 2018 that waives the requirement to apply this ASU in the comparative periods presented within the financial statements in the year of adoption. The Company is also evaluating and implementing changes to our accounting policies, processes, and internal controls to ensure compliance with the standard’s reporting and disclosure requirements as well as implementing a new lease accounting and management system to support the new accounting requirements. The new standard will be adopted in the first quarter of Fiscal 2019 and the Company anticipates that the adoption will result in the recognition of an additional right-of-use asset and operating lease liability under noncancelable operating leases, net of deferred rent payments and tenant improvement allowances, ranging from approximately $16.0 million to $26.0 million as of the date of the adoption. Additionally, the Company expects to record an adjustment to Accumulated deficit related to impairments of right-of-use asset for certain leases.

Income Taxes

12 Months Ended

Feb. 01, 2019

Income Tax Disclosure [Abstract]

Income Taxes

INCOME TAXES

The Company's income (loss) before income taxes in the United States and in foreign jurisdictions is as follows:



(in thousands)	Fiscal 2018			Fiscal 2017			Fiscal 2016
Income (loss) before income taxes:
United States	$	16,297		$	9,011		$	(174,461	)
Foreign	(6,666		)	(8,563		)	(4,419		)
Total income (loss) before income taxes	$	9,631		$	448		$	(178,880	)

The components of the (benefit from) provision for income taxes are as follows:



(in thousands)	Fiscal 2018			Fiscal 2017			Fiscal 2016
United States	$	(1,959	)	$	(27,623	)	$	(70,316	)
Foreign	—			(124		)	1,218
Total (benefit) provision	$	(1,959	)	$	(27,747	)	$	(69,098	)



(in thousands)	Fiscal 2018			Fiscal 2017			Fiscal 2016
Current:
Federal	$	(4,457	)	$	4,804		$	(2,834	)
State	2,275			330			(229		)
Foreign	—			(124		)	1,218
Total current	(2,182		)	5,010			(1,845		)
Deferred:
Federal	1,650			(34,901		)	(62,645		)
State	(1,427		)	2,144			(4,608		)
Total deferred	223			(32,757		)	(67,253		)
Total (benefit) provision	$	(1,959	)	$	(27,747	)	$	(69,098	)

A reconciliation of the statutory federal income tax rate to the effective income tax rate is as follows:



	Fiscal 2018		Fiscal 2017		Fiscal 2016
Tax at statutory federal income tax rate*	21.0	%	33.8	%	35.0	%
State income taxes, net of federal tax benefit	10.0	%	103.5	%	2.7	%
Foreign differential	(4.6	)%	108.6	%	—	%
Permanent differences	23.4	%	383.1	%	(0.7	)%
Tax law changes	—	%	(7,793.7	)%	—	%
Repatriation of foreign earnings	(38.4	)%	950.9	%	—	%
Uncertain tax benefits	(38.6	)%	(600.1	)%	0.8	%
Change in foreign valuation allowance	19.2	%	509.8	%	—	%
Other, net	(12.3	)%	110.6	%	0.8	%
Total at effective income tax rate	(20.3	)%	(6,193.5	)%	38.6	%

*Under Internal Revenue Code Section 15(a), companies are required to calculate their federal tax rate using a blended rate based on the date of enactment of the Tax Act (“Federal Blended Rate”). The Federal Blended Rate for the Company is 33.8% for Fiscal 2017.

Deferred tax assets and liabilities consisted of the following:



(in thousands)	February 1, 2019			February 2, 2018
Deferred tax assets:
Deferred revenue	$	3,053		$	3,292
Legal and other reserves	1,714			1,512
Deferred compensation	10,360			4,029
Reserve for returns	2,271			2,301
Inventory	3,690			3,099
Currency translation adjustment - foreign subsidiaries	3,505			2,816
Other	3,041			4,330
Total deferred tax assets	27,634			21,379
Net operating loss carryforward	5,117			2,284
Less valuation allowance	(5,079		)	(2,284		)
Net deferred tax assets	$	27,672		$	21,379

Deferred tax liabilities:
Intangible assets	$	62,959		$	62,754
LIFO reserve	16,382			16,659
Property, plant and equipment	5,098			—
Catalog marketing	1,903			1,103
Total deferred tax liabilities	86,342			80,516
Net deferred tax liability	$	58,670		$	59,137

As of February 1, 2019, the Company had $13.9 million of state net operating loss (“NOL”) carryforwards (generating a $1.0 million deferred tax asset) available to offset future taxable income. The state NOL carryforwards generally expire between 2022 and 2038 with certain state NOLs generated after 2017 having indefinite carryforward. The Company’s foreign subsidiaries had $15.2 million of NOL carryforwards (generating a $4.1 million deferred tax asset) available to offset future taxable income. These foreign NOLs can be carried forward indefinitely, however, a valuation allowance was established since the future utilization of these NOLs is uncertain.

A reconciliation of the beginning and ending amount of UTBs is as follows:



	Federal, State and Foreign Tax
(in thousands)	Fiscal 2018			Fiscal 2017			Fiscal 2016
Gross UTB balance at beginning of period	$	4,531		$	6,901		$	8,311
Tax positions related to the current period—gross increases	—			—			120
Tax positions related to the prior periods—gross decreases	(2,588		)	(2,370		)	(1,530		)
Settlements	(485		)	—			—
Gross UTB balance at end of period	$	1,458		$	4,531		$	6,901

As of February 1, 2019, the Company had UTBs of $1.5 million. Of this amount, $1.2 million would, if recognized, impact its effective tax rate. The Company does not expect that UTBs will fluctuate in the next 12 months for tax audit settlements and the expiration of the statute of limitations for certain jurisdictions. Pursuant to the Tax Sharing Agreement, Sears Holdings Corporation is generally responsible for all United States federal, state and local UTBs through the date of the Separation and, as such, the UTBs are recorded in Other liabilities in the Consolidated Balance Sheets.

The Company classifies interest expense and penalties related to UTBs and interest income on tax overpayments as components of income tax expense. As of February 1, 2019, the total amount of interest expense and penalties recognized on the balance sheet was $0.8 million ($0.6 million net of federal benefit). As of February 2, 2018, the total amount of interest and penalties recognized on the balance sheet was $3.2 million ($2.5 million net of federal benefit). The total amount of net interest expense recognized in the Consolidated Statements of Operations was insignificant for all periods presented. Sears Holdings and Lands' End files income tax returns in both the United States and various foreign jurisdictions. The Internal Revenue Service has completed its examination of all federal income tax returns of Sears Holdings through the 2009 return, and all matters arising from such examinations have been resolved. The Company is open to examination by the Internal Revenue Service for the years 2015 and forward. Sears Holdings and the Company are under examination by various state income tax jurisdictions for the years 2011 to 2014.

Impacts of Separation

At Separation from Sears, the Company entered into a Tax Sharing Agreement with respect to Federal and State Income tax liabilities concerning pre-separation periods. Pursuant to the tax sharing agreement, a $13.7 million receivable was recorded by the Company to reflect the indemnification by Sears Holdings Corporation of the pre-Separation uncertain tax positions (including penalties and interest) for which Sears Holdings is responsible. This receivable is included in Other assets in the Consolidated Balance Sheets.

For Fiscal 2018, the asset was written down $4.8 million related to favorable state tax audit settlements. In addition, due to filings by Sears in the US Bankruptcy Court in the third quarter of Fiscal 2018, the Company believes that the recovery of the remaining UTB’s provided by the Tax Sharing Agreement to be uncertain. As a result, in the third quarter of Fiscal 2018, the Company recorded a charge of $2.6 million to establish a reserve on the remaining balance of the indemnification asset. Therefore, the indemnification asset was $0 and $7.4 million at February 1, 2019 and February 2, 2018, respectively.

Impacts of the Tax Act

On December 22, 2017, the Tax Cuts and Jobs Act (H.R. 1) ("Tax Act") was signed into law. The Tax Act contains significant changes to corporate taxation, including (i) the reduction of the corporate income tax rate to 21%, (ii) the acceleration of expensing for certain business assets, (iii) the nonrecurring transition tax related to the transition of U.S. international tax from a worldwide tax system to a territorial tax system, (iv) the repeal of the domestic production deduction, (v) additional limitations on the deductibility of interest expense, and (vi) expanded limitations on the deductibility of executive compensation.

In December 2017, the U.S. Securities and Exchange Commission staff issued Staff Accounting Bulletin (SAB) 118 to provide guidance for companies that had not completed their accounting for the income tax effects of the Tax Act. Due to the complexities involved in accounting for the enactment of the Tax Act, SAB 118 allowed for a provisional estimate of the impacts of the Tax Act in our earnings for the year ended February 2, 2018, as well as up to a one-year measurement period that ended on December 22, 2018, for any subsequent adjustments to such provisional estimate. Pursuant to SAB 118, in Fiscal 2017, the Company recorded a $30.6 million benefit which consisted of the provisional amounts for the re-measurement of deferred tax balances at the new expected tax rates under the Tax Act. This includes a net reduction of deferred liabilities of $29.7 million plus a $5.2 million reduction to deferred liabilities on unremitted foreign earnings previously recorded. Both amounts are offset by the provisional amount for a nonrecurring transition tax liability of $4.3 million related to foreign investments under the Tax Act. The Company has completed its analysis of the impacts of the Tax Act, including analyzing the effects of any Internal Revenue Service (IRS) and U.S. Treasury guidance issued, and state tax law changes enacted, within the maximum one-year measurement period resulting in an additional $3.7 million benefit, in Fiscal 2018, to the $30.6 million provisional amount previously recorded.

Leases

12 Months Ended

Feb. 01, 2019

Leases [Abstract]

Leases

LEASES

In February 2016, the FASB issued ASU 2016-02, Leases, which replaced the existing guidance in ASC 840, Leases. This update is now ASC 842, Leases. This guidance will be effective for the Company in First Quarter 2019. ASC 842, Leases requires a dual approach for lessee accounting under which a lessee would account for leases as finance leases or operating leases and recognize a right-of-use asset and a corresponding lease liability. For finance leases, the lessee would recognize interest expense and amortization of the right-of-use asset, and for operating leases, the lessee would recognize a straight-line total lease expense.

The Company leases stores, office space and warehouses under various leasing arrangements. There are 27 total leases that will be included in the implementation of ASC 842, Leases. All leases are classified as operating leases and certain leases include renewal options.

Lands' End is the lessor in one contract that is recognized under ASC 842, Leases. This contract is classified as an operating lease.

Total rental expense under operating leases was $19.7 million, $27.2 million and $30.6 million for Fiscal 2018, Fiscal 2017 and Fiscal 2016, respectively.

Total future commitments under these operating leases as of February 1, 2019 are as follows for the fiscal years ending (in thousands):



2019	$	10,389
2020	5,698
2021	4,226
2022	3,172
2023	2,174
Thereafter	6,415
Total minimum payments required⁽¹⁾	$	32,074

(1) Minimum payments have not been reduced by minimum sublease rentals of $4.2 million due in the future under noncancelable subleases.

Stock-Based Compensation

12 Months Ended

Feb. 01, 2019

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Stock-Based Compensation

STOCK-BASED COMPENSATION

The Company expenses the fair value of all stock awards over their respective vesting periods, ensuring that, the amount of cumulative compensation cost recognized at any date is at least equal to the portion of the grant-date value of the award that is vested at that date. The Company has elected to adjust compensation expense for an estimated forfeiture rate for those shares not expected to vest and to recognize compensation cost on a straight-line basis for awards that only have a service requirement with multiple vest dates.

The Company has granted the following types of stock awards to employees at management levels and above:

Time vesting stock awards ("Deferred Awards") are in the form of restricted stock units and only require each recipient to complete a service period for the awards to be earned. Deferred Awards generally vest over three years or in full after a three year period. The fair value of Deferred Awards is based on the closing price of the Company's common stock on the grant date and is reduced for estimated forfeitures of those awards not expected to vest due to employee turnover.


ii.	Stock option awards ("Option Awards") provide the recipient with the option to purchase a set number of shares at a stated exercise price over the term of the contract, which is ten years for all Option Awards currently outstanding. Options are granted with a strike price equal to the stock price on the date of grant and vest ratably over a four year period.

iii.

Performance-based stock awards ("Performance Awards") are in the form of restricted stock units and have, in addition to a service requirement, performance criteria that must be achieved for the awards to be earned. Performance Awards granted prior to Fiscal 2018 had annual vesting, but due to the performance criteria, were not eligible for straight-line expensing. All Performance Awards granted prior to Fiscal 2018 were forfeited during the First Quarter 2018. For Performance Awards granted in Fiscal 2018, the Target Shares earned can range from 0% to 200% and depend on the achievement of Adjusted EBITDA and revenue performance measures for the cumulative three-fiscal year performance period from Fiscal 2018 to Fiscal 2020. The applicable percentage of the Target Shares, as determined by performance, vest after the completion of the applicable three year performance period, and unearned Target Shares are forfeited. The fair value of the Performance Awards granted in Fiscal 2018 is based on the closing price of the Company’s common stock on the grant date. Stock based compensation expense is recognized ratably over the related service period reduced for estimated forfeitures of those awards not expected to vest due to employee turnover and adjusted based on the Company's estimate of the percentage of the aggregate Target Shares expected to be earned.

The following table summarizes the Company's stock-based compensation expense, which is included in Selling and administrative expense in the Consolidated Statements of Operations:



(in thousands)	Fiscal 2018		Fiscal 2017		Fiscal 2016
Deferred Awards	$	4,407	$	3,212	$	1,599
Option Awards	748		651		—
Performance Awards	1,006		88		631
Total stock-based compensation expense	$	6,161	$	3,951	$	2,230

Deferred Awards

The following table provides a summary of the Deferred Awards activity for Fiscal 2018 and Fiscal 2017:



	Fiscal Year Ended
	February 1, 2019				February 2, 2018
(in thousands, except per share amounts)	Number of Shares		Weighted Average Grant Date Fair Value		Number of Shares		Weighted Average Grant Date Fair Value
Unvested deferred awards at beginning of year	497		$	22.07	252		$	24.42
Granted	294		21.93		422		21.49
Vested	(151	)	22.32		(70	)	22.66
Forfeited	(46	)	21.62		(107	)	24.85
Unvested deferred awards at end of year	594		$	21.96	497		$	22.07

Total unrecognized stock-based compensation expense related to unvested Deferred Awards was approximately $8.1 million as of February 1, 2019, which is expected to be recognized ratably over a weighted average period of 1.9 years. Deferred Awards granted to various employees during Fiscal 2018 generally vest ratably over a period of three years.

Performance Awards

The following table provides a summary of the Performance Awards activity for Fiscal 2018 and Fiscal 2017:



	Fiscal Year Ended
	February 1, 2019				February 2, 2018
(in thousands, except per share amounts)	Number of Shares		Weighted Average Grant Date Fair Value		Number of Shares		Weighted Average Grant Date Fair Value
Unvested performance awards at beginning of year	15		$	21.94	69		$	26.38
Granted	195		21.90		—		—
Vested	—		—		(41	)	28.33
Forfeited	(34	)	21.90		(13	)	25.20
Unvested performance awards at end of year	176		$	21.93	15		$	21.94

Total unrecognized stock-based compensation expense related to unvested Performance Awards was approximately $2.8 million as of February 1, 2019 which is expected to be recognized ratably over a weighted average period of 2.1 years. Performance Awards granted to various employees during Fiscal 2018 vest, if earned, after completion of the applicable three-year performance period.

Options Awards

The following table provides a summary of the Options Award activity for Fiscal 2018 and Fiscal 2017:



	Fiscal Year Ended
	February 1, 2019				February 2, 2018
(in thousands, except per share amounts)	Number of Options		Weighted Average Grant Date Fair Value		Number of Options	Weighted Average Grant Date Fair Value
Options outstanding at beginning of year	343		$	8.73	—	$	—
Granted	—		—		343	8.73
Vested	(86	)	8.73		—	—
Forfeited	—		—		—	—
Exercised	—		—		—	—
Options outstanding at end of year	257		$	8.73	343	$	8.73

Total unrecognized stock-based compensation expense related to unvested Option Awards was approximately $1.6 million as of February 1, 2019, which is expected to be recognized ratably over a weighted average period of 2.1 years. The Option Awards have a life of ten years and vest ratably over the first four years. The fair value of each Option Award was estimated on the grant date using the Black-Scholes option pricing model. As of February 1, 2019, 86 thousand Option Awards were exercisable. No options have been exercised as of February 1, 2019.

Debt

12 Months Ended

Jan. 27, 2017

Debt Disclosure [Abstract]

Debt

DEBT

Debt Arrangements

On November 16, 2017, the Company entered into the ABL Facility, which provides for maximum borrowings of $175.0 million for the Company, subject to a borrowing base. The ABL Facility has a letter of credit sub-limit of $70.0 million and will mature no later than November 16, 2022, subject to customary extension provisions provided for therein. The ABL Facility is available for working capital and other general corporate purposes, and was undrawn, other than for letters of credit. Upon entering into the ABL Facility, the Company incurred $1.5 million in debt origination fees. The fees were capitalized as debt issuance costs and are being amortized as an adjustment to Interest expense over the remaining life of the Debt Facilities.

On April 4, 2014, Lands' End entered into the Term Loan Facility of $515.0 million, the proceeds of which were used to pay a dividend of $500.0 million to a subsidiary of Sears Holdings Corporation immediately prior to the Separation and to pay fees and expenses associated with a prior debt arrangement and the Term Loan Facility of approximately $11.4 million. The remaining proceeds were used for general corporate purposes. The fees were capitalized as debt issuance costs and are being amortized as an adjustment to Interest expense over the remaining life of the Debt Facilities.

The Company's debt consisted of the following:



	February 1, 2019				February 2, 2018
(in thousands)	Principal Amount		Interest Rate		Principal Amount		Interest Rate
Term Loan Facility, maturing April 4, 2021	$	490,538	5.77	%	$	495,688	4.82	%
ABL Facility, maturing November 16, 2022	—		—	%	—		—	%
	490,538				495,688
Less: current maturities in Other current liabilities	5,150				5,150
Less: unamortized debt issuance costs	2,935				4,290
Long-term debt, net	$	482,453			$	486,248

The following table summarizes the Company's borrowing availability under the ABL Facility:



(in thousands)	February 1, 2019		February 2, 2018
ABL Facility maximum borrowing	$	175,000	$	175,000
Outstanding letters of credit	21,111		22,328
Borrowing availability under ABL	$	153,889	$	152,672

Interest; Fees

The interest rates per annum applicable to the loans under the Debt Facilities are based on a fluctuating rate of interest measured by reference to, at the borrowers' election, either (i) an adjusted LIBOR plus a borrowing margin, or (ii) an alternative base rate plus a borrowing margin. The borrowing margin is fixed for the Term Loan Facility at 3.25% in the case of LIBOR loans and 2.25% in the case of base rate loans. For the Term Loan Facility, LIBOR is subject to a 1% interest rate floor. The borrowing margin for the ABL Facility is subject to adjustment based on the average excess availability under the ABL Facility for the preceding fiscal quarter. LIBOR borrowings will range from 1.25% to 1.75% for the ABL Facility. Base rate borrowings will range from 0.50% to 1.00% for the ABL Facility.

Customary agency fees are payable in respect of the Debt Facilities. The ABL Facility fees also include (i) commitment fees in an amount equal to 0.25% of the daily unused portions of the ABL Facility, and (ii) customary letter of credit fees.

Amortization and Prepayments

The Term Loan Facility amortizes at a rate equal to 1% per annum, and is subject to mandatory prepayment in an amount equal to a percentage of the borrower's excess cash flows (as defined in the Term Loan Facility) in each fiscal year, ranging from 0% to 50% depending on Lands' End's secured leverage ratio, and the proceeds from certain asset sales and casualty events. Based on Fiscal 2018 results and in accordance with the Term Loan Facility, no prepayments were required. The Company's aggregate scheduled maturities of the Term Loan Facility as of February 1, 2019 are as follows:



(in thousands)
Less than 1 year	$	5,150
1 - 2 years	5,150
2 - 3 years	480,238
	$	490,538

Guarantees; Security

All obligations under the Debt Facilities are unconditionally guaranteed by Lands' End, Inc. and, subject to certain exceptions, each of its existing and future direct and indirect wholly-owned domestic subsidiaries. The ABL Facility is secured by a first priority security interest in certain working capital of the borrowers and guarantors consisting primarily of accounts receivable and inventory. The Term Loan Facility is secured by a second priority security interest in the same collateral, with certain exceptions.

The Term Loan Facility also is secured by a first priority security interest in certain property and assets of the borrowers and guarantors, including certain fixed assets and stock of subsidiaries. The ABL Facility is secured by a second priority security interest in the same collateral.

Representations and Warranties; Covenants

Subject to specified exceptions, the Debt Facilities contain various representations and warranties and restrictive covenants that, among other things, restrict the ability of Lands' End and its subsidiaries to incur indebtedness (including guarantees), grant liens, make investments, make dividends or distributions with respect to capital stock, make prepayments on other indebtedness, engage in mergers or change the nature of their business. In addition, if excess availability under the ABL Facility falls below the greater of 10% of the loan cap amount or $15.0 million, Lands' End will be required to comply with a minimum fixed charge coverage ratio of 1.0 to 1.0. The Debt Facilities do not otherwise contain financial maintenance covenants. The Company was in compliance with all financial covenants related to the Debt Facilities as of February 1, 2019.

The Debt Facilities contain certain affirmative covenants, including reporting requirements such as delivery of financial statements, certificates and notices of certain events, maintaining insurance, and providing additional guarantees and collateral in certain circumstances.

Events of Default

The Debt Facilities include customary events of default including non-payment of principal, interest or fees, violation of covenants, inaccuracy of representations or warranties, cross defaults related to certain other material indebtedness, bankruptcy and insolvency events, invalidity or impairment of guarantees or security interests, and material judgments and change of control.

Fair Value of Financial Assets and Liabilities

12 Months Ended

Feb. 01, 2019

Fair Value Disclosures [Abstract]

Fair Value of Financial Assets and Liabilities

FAIR VALUE OF FINANCIAL ASSETS AND LIABILITIES

The Company determines fair value of financial assets and liabilities based on the following fair value hierarchy, which prioritizes the inputs to valuation techniques used to measure fair value into three levels:

Level 1 inputs—unadjusted quoted prices in active markets for identical assets or liabilities that the Company has the ability to access. An active market for the asset or liability is one in which transactions for the asset or liability occurs with sufficient frequency and volume to provide ongoing pricing information.

Level 2 inputs—inputs other than quoted market prices included in Level 1 that are observable, either directly or indirectly, for the asset or liability. Level 2 inputs include, but are not limited to, quoted prices for similar assets or liabilities in an active market, quoted prices for identical or similar assets or liabilities in markets that are not active and inputs other than quoted market prices that are observable for the asset or liability, such as interest rate curves and yield curves observable at commonly quoted intervals, volatilities, credit risk and default rates.

Level 3 inputs—unobservable inputs for the asset or liability.

Restricted cash is reflected on the Consolidated Balance Sheets at fair value. The fair value of Restricted cash as of February 1, 2019 and February 2, 2018 was $1.9 million and $2.4 million, respectively, based on Level 1 inputs. Restricted cash amounts are valued based upon statements received from financial institutions.

Carrying values and fair values of other financial instruments in the Consolidated Balance Sheets are as follows:



	February 1, 2019				February 2, 2018
(in thousands)	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Long-term debt, including short-term portion	$	490,538	$	460,493	$	495,688	$	443,641

Long-term debt, including short-term portion was valued utilizing level 2 valuation techniques based on the closing inactive market bid price on February 1, 2019. There were no nonfinancial assets or nonfinancial liabilities recognized at fair value on a nonrecurring basis as of February 1, 2019 and February 2, 2018.

Goodwill and indefinite-lived intangible assets are also tested annually or if a triggering event occurs that indicates an impairment loss may have incurred using fair value measurements with unobservable inputs (Level 3). See Note 2, Summary of Significant Accounting Policies-Goodwill and Intangible Asset Impairment Assessments, and Note 8, Goodwill Indefinite-Lived and Intangible Assets, for further details.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Goodwill and Intangible Assets

12 Months Ended

Jan. 27, 2017

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets

GOODWILL AND INDEFINITE-LIVED INTANGIBLE ASSET

The Company's intangible assets, consisting of a trade name and goodwill, were originally valued in connection with a business combination accounted for under the purchase accounting method. Goodwill represents the excess of the purchase price over the fair value of the net assets acquired.

The following table summarizes the Company's indefinite-lived intangible asset and Goodwill:



(in thousands)	Trade Name		Goodwill
Balance as of January 27, 2017	$	257,000	$	110,000
Impairments	—		—
Balance as of February 2, 2018	257,000		110,000
Impairments	—		—
Balance as of February 1, 2019	$	257,000	$	110,000

ASC 350, Intangibles - Goodwill and Other, requires companies to test goodwill and indefinite-lived intangible assets for impairment annually, or more often if an event or circumstance indicates that the carrying amount may not be recoverable. During Fiscal 2018, Fiscal 2017 and Fiscal 2016 the Company conducted impairment testing of its goodwill and indefinite-lived intangible asset. There were no impairment charges recorded for the intangible asset in Fiscal 2018 or Fiscal 2017. Due to revenue declines, the Company recorded a non-cash pretax indefinite-lived intangible asset impairment charge of $173.0 million during Fiscal 2016. The impairment was recorded in Intangible asset impairment on the Consolidated Statements of Operations.

There were no impairments of goodwill during any periods presented or since goodwill was first recognized. See also Note 2, Summary of Significant Accounting Policies-Goodwill and Intangible Asset Impairment Assessments, for further details.

If actual results fall short of the Company's estimates and assumptions used in estimating revenue growth, future cash flows and asset fair values, the Company could incur further impairment charges for the intangible asset or goodwill, which could have an adverse effect on its results of operations.

Related Party Agreements and Transactions

12 Months Ended

Feb. 01, 2019

RELATED PARTY AGREEMENTS AND TRANSACTIONS

According to statements on Schedule 13D filed with the SEC by ESL, ESL beneficially owns significant portions of both the Company's and Sears Holdings Corporation's outstanding shares of common stock. Therefore, Sears Holdings Corporation, the Company's former parent company, is considered a related party.

On February 11, 2019, Transform Holdco acquired from Sears Holdings substantially all of the go-forward retail footprint and other assets and component businesses of Sears Holdings as a going concern. We believe that ESL holds a significant portion of the membership interests of Transform Holdco and therefore consider that entity to be a related party as well.

In connection with and subsequent to the Separation, the Company entered into various agreements with Sears Holdings which, among other things, (i) govern specified aspects of the Company's relationship following the Separation, especially with regards to the Lands’ End Shops at Sears, and (ii) establish terms pursuant to which subsidiaries of Sears Holdings Corporation are providing services to the Company. Sears Holdings and its affiliates filed notices in connection with the Sears Filing identifying certain contracts between the Company and Sears entities as contracts that might be assumed and assigned to Transform Holdco as part of Transform Holdco’s acquisition. To date, the only contract that has been formally assumed and assigned to Transform Holdco is the retail operations agreement governing the operation of Lands' End Shops at Sears.

The components of the transactions between the Company and Sears Holdings, which exclude pass-through

payments to or from third parties, are as follows.

Lands' End Shops at Sears

Related party costs charged by Sears Holdings to the Company related to Lands' End Shops at Sears are as follows:



(in thousands)	Fiscal 2018		Fiscal 2017		Fiscal 2016
Rent, CAM and occupancy costs	14,798		22,084		24,727
Rental services, store labor	13,719		21,934		24,052
Financial services and payment processing	1,644		2,455		2,834
Supply chain costs	465		741		979
Total expenses	$	30,626	$	47,214	$	52,592
Number of Lands' End Shops at Sears at period end⁽¹⁾	49		174		216

⁽¹⁾ During Fiscal 2018, Fiscal 2017 and Fiscal 2016, 125, 42 and 9 Lands' End Shops at Sears were closed, respectively.

Rent, CAM and Occupancy Costs

The Company rents space in store locations owned or leased by Sears Roebuck. The agreements include a cost per square foot for rent, CAM and occupancy costs. The lease terms for the remaining individual store locations terminate by January 31, 2020.

Retail Services, Store Labor

The Company contracts with Sears Roebuck to provide hourly labor and required systems and tools to service customers in the Lands' End Shops at Sears. This includes dedicated staff to directly engage with customers and allocated overhead. The dedicated staff undergoes specific Lands' End brand training. Required tools include point-of-sale, price lookup and labor scheduling systems.

Financial Services and Payment Processing

The Company contracts with SHMC to provide retail financing and payment solutions at the Lands' End Shops at Sears, primarily based upon customer credit card activity, including third-party payment acceptance, credit cards and gift cards.

Supply Chain Costs

The Company contracts with Sears Roebuck to provide logistics, handling, transportation and other services, primarily based upon inventory units processed, to assist in the flow of merchandise from vendors to the Lands' End Shops at Sears locations.

General Corporate Services

Related party costs charged by Sears Holdings to the Company for general corporate services are as follows:



(in thousands)	Fiscal 2018		Fiscal 2017		Fiscal 2016
Sourcing	$	7,530	$	10,243	$	10,878
Shop Your Way	933		1,119		2,301
Shared services	190		176		192
Total expenses	$	8,653	$	11,538	$	13,371

Sourcing

The Company contracts with a subsidiary of Sears Holdings to provide agreed upon buying agency services, on a non-exclusive basis, in foreign territories from where the Company purchases merchandise. These services, primarily based upon quantities purchased, include quality-control functions, regulatory compliance, product claims management and new vendor selection and setup assistance. The Company's contract under which it receives sourcing services from an affiliate of Sears Holdings runs through June 30, 2020.

These amounts are capitalized into inventory and are expensed through cost of goods sold over the course of inventory turns and included in Cost of sales in the Consolidated Statements of Operations.

Shop Your Way

Prior to April 4, 2018, Lands’ End and SHMC were party to a Shop Your Way retail establishment agreement that governed Lands’ End’s participation in Sears Holdings' Shop Your Way member loyalty program. The Company continues to participate, to a limited extent, in Shop Your Way. Customers earn points issued by SHMC on purchases made in Lands’ End Shops at Sears which may be redeemed to pay for future purchases at Lands’ End Shops at Sears. The Company pays SHMC an agreed-upon fee for points issued in connection with purchases from the Company. All Shop Your Way program expenses are recorded in Cost of sales in the Consolidated Statements of Operations.

Shared Services

The Company contracts with SHMC to provide certain shared corporate services. During Fiscal 2018, these shared services include compliance services.

Use of Intellectual Property or Services

Related party revenue charged by the Company to Sears Holdings for the use of intellectual property or services is as follows:



(in thousands)	Fiscal 2018			Fiscal 2017			Fiscal 2016
Call center services	$	—		$	1,160		$	8,207
Outfitters revenue	845			1,045			1,574
Credit card revenue	709			980			1,147
Royalty income	189			213			221
Gift card expense	(17		)	(32		)	(32		)
Total	$	1,726		$	3,366		$	11,117

Call Center Services

The Company had entered into a contract with SHMC to provide call center services in support of Sears Holdings’ Shop Your Way member loyalty program. This income was net of agreed upon costs directly attributable to the Company providing these services. The income was included in Net revenue and costs are included in Selling and administrative expenses in the Consolidated Statements of Operations. The contract for call center services expired on April 30, 2017.

Outfitters Revenue

The Company sells store uniforms and other apparel to Sears Holdings from time to time. Revenue related to these sales is included in Net revenue in the Consolidated Statements of Operations.

Credit Card Revenue

The Company has entered into a contract with SHMC to provide credit cards for customer sales transactions. The Company earns revenue based on the dollar volume of revenue and receives a fee based on the generation of new credit card accounts. This income is included in Net revenue in the Consolidated Statements of Operations.

Royalty Income

The Company entered into a licensing agreement with SHMC whereby royalties are paid in consideration for sharing or use of intellectual property. Royalties received under this agreement are included in Net revenue in the Consolidated Statements of Operations.

Gift Card Revenue (Expense)

The Company has entered into a contract with SHCP to provide gift cards for use by the Company. The Company offers gift cards for sale on behalf of SHCP and redeems such items on the Company's websites, retail stores and other retail outlets for merchandise. The Company receives a commission fee on the face value for each gift card it sells, and a payment from Sears Holdings for certain Lands' End-branded gift cards that are redeemed by Sears Holdings for non-Lands' End merchandise. The Company pays a transaction/redemption fee to SHCP for each gift card the Company redeems. The income, net of associated expenses, is included in Net revenue in the Consolidated Statements of Operations.

Additional Related Party Balance Sheet Information

Following the Sears Filing, the Company began netting payables due to Sears against receivables due from Sears if and as allowed under its contracts. As a result, receivables and payables have been netted on February 1, 2019, and are presented as a net receivable balance in Accounts receivable, net in the Consolidated Balance Sheets.

At February 1, 2019, the Company recorded a $0.1 million net receivable balance from Sears Holdings in Accounts receivable, net and $0 in Accounts payable in the Consolidated Balance Sheets. On February 2, 2018 the Company recorded $2.0 million in Accounts receivable net, to reflect amounts due from Sears’ Holdings and $2.9 million in Accounts payable to reflect amounts due to Sears Holdings’ in the Consolidated Balance Sheets.

In the third quarter Fiscal 2018, the Company recorded a non-cash charge of $2.6 million in Other expense, net, in the Consolidated Statement of Operations due to establishing a reserve against the indemnification asset related to the indemnification by Sears Holdings Corporation of the pre-Separation UTBs (including penalties and interest) for which Sears Holdings Corporation is responsible under the Tax Sharing Agreement. Due to the Sears Filing, there is substantial doubt regarding the collectability of this contingent asset. At February 1, 2019 and February 2, 2018, respectively, a $0 and $7.4 million indemnification receivable was recorded in Other assets in the Consolidated Balance Sheets.

Segment Reporting

12 Months Ended

Feb. 01, 2019

Segment Reporting [Abstract]

Segment Reporting

SEGMENT REPORTING

The Company is a leading multi-channel retailer of casual clothing, accessories and footwear, as well as home products. Lands’ End is growing its multi-channel distribution network which allows the consumer to interact with our Company with a consistent customer experience whether on company websites, third party marketplaces, at company owned stores or other distribution outlets. As the Company expands this distribution network, and in conjunction with the accelerated closures of Lands' End Shops at Sears, the historical structure of separate reportable segments for retail stores and direct-to-consumer is not representative of the way the current Chief Operating Decision Maker evaluates the business units and allocates resources.

Over the early tenure of the Chief Operating Decision Maker, he has developed a method to evaluate the business and allocates resources. As a result, as of February 1, 2019, the Company has updated its segment reporting to better align with its multi-channel strategy. The Company’s operating segments consist of U.S. eCommerce, Outfitters, Europe eCommerce, Japan eCommerce and Retail. The Retail operating segment continues to exist although it is significantly smaller, due to the closing of most Lands' End Shops at Sears. The Company also determined that each of the operating segments share similar economic and other qualitative characteristics, and therefore the results of the operating segments are aggregated into one reportable segment as of February 1, 2019, consistent with its multi-channel business approach. Prior year information has been restated to reflect this change.

Net revenue is presented by product channel in the following table:



(in thousands)	Fiscal 2018		% of Revenue		Fiscal 2017		% of Revenue		Fiscal 2016		% of Revenue
eCommerce	$	1,039,929	71.7	%	$	975,446	69.3	%	$	900,182	67.4	%
Outfitters	289,251		19.9	%	258,669		18.4	%	248,967		18.6	%
Retail	122,412		8.4	%	172,562		12.3	%	186,611		14.0	%
Total Revenue	$	1,451,592			$	1,406,677			$	1,335,760

The geographical allocation of Net revenue is based upon where the product is shipped. The following presents summarized geographical information:



(in thousands)	Fiscal 2018		% of Revenue		Fiscal 2017		% of Revenue		Fiscal 2016		% of Revenue
Net Revenue
United States	$	1,245,157	85.8	%	$	1,204,199	85.6	%	$	1,143,529	85.6	%
Europe	138,761		9.6	%	134,543		9.6	%	125,410		9.4	%
Asia	50,203		3.5	%	48,704		3.5	%	50,030		3.7	%
Other	17,471		1.1	%	19,231		1.3	%	16,791		1.3	%
Total Revenue	$	1,451,592			$	1,406,677			$	1,335,760



(in thousands)	Fiscal 2018		Fiscal 2017		Fiscal 2016
Property and equipment, net
United States	$	140,663	$	126,015	$	113,045
Europe	8,773		9,862		9,075
Asia	458		624		716
Total Property and equipment, net	$	149,894	$	136,501	$	122,836

Other than the United States, no one country is greater than 10% of total Net revenue or of total Property and equipment, net.

Commitments and Contingencies	12 Months Ended
Commitments and Contingencies	Jan. 27, 2017
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	COMMITMENTS AND CONTINGENCIES Legal Proceedings The Company is party to various claims, legal proceedings and investigations arising in the ordinary course of business. Some of these actions involve complex factual and legal issues and are subject to uncertainties. At this time, the Company is not able to either predict the outcome of these legal proceedings or reasonably estimate a potential range of loss with respect to the proceedings. While it is not feasible to predict the outcome of such pending claims, proceedings and investigations with certainty, management is of the opinion that their ultimate resolution should not have a material adverse effect on results of operations, cash flows or financial position taken as a whole.

Other Current Liabilities

12 Months Ended

Feb. 01, 2019

Other Liabilities Disclosure [Abstract]

Other Current Liabilities

OTHER CURRENT LIABILITIES

Other current liabilities consisted of the following:



(in thousands)	February 1, 2019		February 2, 2018
Accrued employee compensation and benefits	42,439		32,302
Reserve for sales returns and allowances	22,222		11,133
Deferred gift card revenue	18,191		19,272
Accrued property, sales and other taxes	9,131		6,663
Other	11,240		12,744
Deferred revenue	9,051		12,993
Short-term portion of long-term debt	5,150		5,150
Total other current liabilities	$	117,424	$	100,257

Quarterly Financial Data (Unaudited)

12 Months Ended

Jan. 27, 2017

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Data (Unaudited)

QUARTERLY FINANCIAL DATA (UNAUDITED)



	Fiscal 2018
	First Quarter					Second Quarter					Third Quarter				Fourth Quarter
(in thousands except share data)	$'s			% Net Sales		$'s			% Net Sales		$'s		% Net Sales		$'s		% Net Sales
Net revenue	$	299,825		100.0	%	$	307,945		100.0	%	$	341,570	100.0	%	$	502,252	100.0	%
Gross profit	133,025			44.4	%	136,766			44.4	%	150,962		44.2	%	195,303		38.9	%
Operating income	2,527			0.8	%	875			0.3	%	8,485		2.5	%	30,712		6.1	%
Net (loss) income	$	(2,630	)	(0.9	)%	$	(5,285	)	(1.7	)%	$	3,294	1.0	%	$	16,211	3.2	%
Basic (loss) earnings per common share⁽¹⁾	$	(0.08	)			$	(0.16	)			$	0.10			$	0.50
Diluted (loss) earnings per common share⁽¹⁾	$	(0.08	)			$	(0.16	)			$	0.10			$	0.50



	Fiscal 2017
	First Quarter					Second Quarter					Third Quarter				Fourth Quarter
(in thousands except share data)	$'s			Net Sales		$'s			Net Sales		$'s		Net Sales		$'s		Net Sales
Net revenue	$	268,365		100.0	%	$	302,190		100.0	%	$	325,489	100.0	%	$	510,633	100.0	%
Gross profit	122,643			45.7	%	134,165			44.4	%	141,974		43.6	%	198,421		38.9	%
Operating (loss) income	(6,720		)	(2.5	)%	174			0.1	%	5,941		1.8	%	29,690		5.8	%
Net (loss) income⁽²⁾	$	(7,839	)	(2.9	)%	$	(3,880	)	(1.3	)%	$	162	—	%	$	39,752	7.8	%
Basic (loss) earnings per common share⁽¹⁾	$	(0.24	)			$	(0.12	)			$	0.01			$	1.24
Diluted loss (earnings) per common share⁽¹⁾	$	(0.24	)			$	(0.12	)			$	0.01			$	1.24

⁽¹⁾ The sum of the quarterly earnings per share—basic and diluted amounts may not equal the fiscal year amount due to rounding.

⁽²⁾ Fourth Quarter 2017 Net income includes the impacts of the Tax Act reform. See Note 9, Income Taxes, for additional details.

Summary of Significant Accounting Policies (Policies)

12 Months Ended

Feb. 01, 2019

Accounting Policies [Abstract]

Basis of Presentation

The Consolidated Financial Statements include the accounts of Lands' End, Inc. and its subsidiaries. All intercompany transactions and balances have been eliminated.

The accompanying Consolidated Financial Statements have been prepared in accordance with GAAP. In the opinion of management, all material adjustments are of a normal and recurring nature necessary for a fair presentation of the results for the periods presented have been reflected. Dollar amounts are reported in thousands, except per share data, unless otherwise noted.

Fiscal Period, Policy

Fiscal Year



Fiscal Year	Ended	Weeks
2018	February 1, 2019	52
2017	February 2, 2018	53
2016	January 27, 2017	52

Accounting Policy - Seasonality

Seasonality

Use of Estimates

Cash and cash equivalents

Restricted cash

The Company classifies cash balances pledged as collateral as Restricted cash on the Consolidated Balance Sheets.

Allowance for Doubtful Accounts

Changes in the balance of the allowance for doubtful accounts are as follows:



(in thousands)	Fiscal 2018			Fiscal 2017			Fiscal 2016
Beginning balance	$	637		$	579		$	626
Provision	192			187			281
Write-offs	(287		)	(129		)	(328		)
Ending balance	$	542		$	637		$	579

Inventory

Deferred Catalog Costs and Marketing

Property and Equipment



(in thousands)	Asset Lives	February 1, 2019			February 2, 2018
Land	—	$	3,459		$	3,533
Buildings and improvements	15-30	99,400			100,122
Furniture, fixtures and equipment	3-10	62,823			69,940
Computer hardware and software	3-10	146,400			122,336
Leasehold improvements	3-7	6,569			10,329
Assets in development		27,296			23,428
Gross property and equipment		345,947			329,688
Accumulated depreciation		(196,053		)	(193,187		)
Total property and equipment, net		$	149,894		$	136,501

Impairment of Long-Lived Assets and Finite-Lived Intangible Assets

Impairment of Property and Equipment

Goodwill and Intangible Asset Impairment Assessments

Goodwill and Indefinite-lived Intangible Asset Impairment Assessments

Goodwill impairment assessments

Indefinite-lived intangible asset impairment assessments

Financial Instruments with Off-Balance-Sheet Risk

Fair Value of Financial Instruments

Foreign Currency Translations and Transactions

Revenue Recognition

Contract Liabilities



(in thousands)	Fiscal 2018
Deferred revenue beginning of period	$	12,993
Deferred revenue recognized in period	(12,993		)
Revenue deferred in period	9,051
Deferred revenue end of period	$	9,051



(in thousands)	Fiscal 2018
Balance as of beginning of period	$	19,272
Gift cards sold	57,465
Gift cards redeemed	(56,502		)
Gift card breakage	(984		)
Change in accounting principle	(1,060		)
Balance as of February 1, 2019	$	18,191

Refund Liabilities

Cost of Sales

Selling and Administrative Expenses

Income Taxes

Self-Insurance

Postretirement Benefit Plan

Effective January 1, 2006, the Company decided to indefinitely suspend eligibility to the postretirement medical plan for future company retirees.

Other Comprehensive Income (Loss)

Stock-Based Compensation

Earnings per Share

New Accounting Pronouncements

Income Statement - Reporting Comprehensive Income

Revenue from Contracts with Customers

Revenue includes sales of merchandise and delivery revenue related to merchandise sold. Substantially all of the Company's revenue is recognized when control of product passes to customers. Revenue is adjusted for estimated returns and volume rebates with a corresponding liability recorded. Effective in the First Quarter 2018, the Company changed its balance sheet presentation for estimated product returns by reporting a product return asset for the right to receive returned products and a returns liability for amounts expected to be refunded to customers as a result of product returns. The product return asset is reported within Prepaid expenses and other current assets in the Consolidated Balance Sheet. Prior to adoption, product return assets were netted against the returns liability and reported within Other current liabilities. The impact of the adoption was recorded as a non-cash transaction in Other operating assets and Other operating liabilities in the Consolidated Statement of Cash Flows. The returns liability and payments received from customers for future delivery of products are reported within Other current liabilities in the Consolidated Balance Sheet. The adoption of this guidance did not have an impact on the recording of these liabilities.

Recognition of Breakage for Certain Prepaid Stored-Value Products

The impact of adoption on the Consolidated Balance Sheet as of February 3, 2018 was:



(in thousands)	February 2, 2018 (As reported)			Impact of Adoption		February 3, 2018
Assets:
Prepaid expenses and other current assets	$	26,659		$	10,425	$	37,084
Liabilities:
Other current liabilities	100,257			9,365		109,622
Stockholder' equity:
Accumulated deficit	(29,810		)	1,060		(28,750		)

The impact of the new revenue recognition guidance on our Consolidated Balance Sheet as of February 1, 2019 was:



(in thousands)	Balances Without Adoption			Impact of Adoption		As Reported
Assets:
Prepaid expenses and other current assets	$	25,381		$	11,193	$	36,574
Liabilities:
Other current liabilities	107,259			10,165		117,424
Stockholder' equity:
Accumulated deficit	(18,188		)	1,029		(17,159		)

Classification of Certain Cash Receipts and Cash Payments

Restricted Cash

Leases

Summary of Significant Accounting Policies (Tables)

12 Months Ended

Feb. 01, 2019

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

New Accounting Pronouncements and Changes in Accounting Principles [Text Block]

The impact of adoption on the Consolidated Balance Sheet as of February 3, 2018 was:



(in thousands)	February 2, 2018 (As reported)			Impact of Adoption		February 3, 2018
Assets:
Prepaid expenses and other current assets	$	26,659		$	10,425	$	37,084
Liabilities:
Other current liabilities	100,257			9,365		109,622
Stockholder' equity:
Accumulated deficit	(29,810		)	1,060		(28,750		)

The impact of the new revenue recognition guidance on our Consolidated Balance Sheet as of February 1, 2019 was:



(in thousands)	Balances Without Adoption			Impact of Adoption		As Reported
Assets:
Prepaid expenses and other current assets	$	25,381		$	11,193	$	36,574
Liabilities:
Other current liabilities	107,259			10,165		117,424
Stockholder' equity:
Accumulated deficit	(18,188		)	1,029		(17,159		)

Schedule of allowance for doubtful accounts

Changes in the balance of the allowance for doubtful accounts are as follows:



(in thousands)	Fiscal 2018			Fiscal 2017			Fiscal 2016
Beginning balance	$	637		$	579		$	626
Provision	192			187			281
Write-offs	(287		)	(129		)	(328		)
Ending balance	$	542		$	637		$	579

Summary of property and equipment, net

Property and equipment, net consisted of the following:



(in thousands)	Asset Lives	February 1, 2019			February 2, 2018
Land	—	$	3,459		$	3,533
Buildings and improvements	15-30	99,400			100,122
Furniture, fixtures and equipment	3-10	62,823			69,940
Computer hardware and software	3-10	146,400			122,336
Leasehold improvements	3-7	6,569			10,329
Assets in development		27,296			23,428
Gross property and equipment		345,947			329,688
Accumulated depreciation		(196,053		)	(193,187		)
Total property and equipment, net		$	149,894		$	136,501

Schedule of accumulated other comprehensive income (loss)



(in thousands)	Fiscal 2018			Fiscal 2017			Fiscal 2016
Beginning balance: Accumulated other comprehensive loss (net of tax of $2,816, $6,691 and $5,053, respectively)	$	(10,592	)	$	(12,426	)	$	(9,384	)
Other comprehensive income (loss)
Foreign currency translation adjustments (net of tax of $689, $(1,427) and $1,638, respectively)	(2,591		)	4,282			(3,042		)
Impact of Tax Act	—			(2,448		)	—
Ending balance: Accumulated other comprehensive loss (net of tax of $3,505, $2,816 and $6,691, respectively)	$	(13,183	)	$	(10,592	)	$	(12,426	)

Schedule of earnings per share, basic and diluted

The following table summarizes the components of basic and diluted EPS:



(in thousands, except per share amounts)	Fiscal 2018		Fiscal 2017		Fiscal 2016
Net income (loss)	$	11,590	$	28,195	$	(109,782	)

Basic weighted average shares outstanding	32,190		32,076		32,021
Dilutive effect of stock awards	336		34		—
Diluted weighted average shares outstanding	32,526		32,110		32,021

Basic earnings (loss) per share	$	0.36	$	0.88	$	(3.43	)
Diluted earnings (loss) per share	$	0.36	$	0.88	$	(3.43	)

Income Taxes (Tables)

12 Months Ended

Feb. 01, 2019

Income Tax Disclosure [Abstract]

Schedule of income before income taxes

The Company's income (loss) before income taxes in the United States and in foreign jurisdictions is as follows:



(in thousands)	Fiscal 2018			Fiscal 2017			Fiscal 2016
Income (loss) before income taxes:
United States	$	16,297		$	9,011		$	(174,461	)
Foreign	(6,666		)	(8,563		)	(4,419		)
Total income (loss) before income taxes	$	9,631		$	448		$	(178,880	)

Schedule of components of the provision for income taxes

The components of the (benefit from) provision for income taxes are as follows:



(in thousands)	Fiscal 2018			Fiscal 2017			Fiscal 2016
United States	$	(1,959	)	$	(27,623	)	$	(70,316	)
Foreign	—			(124		)	1,218
Total (benefit) provision	$	(1,959	)	$	(27,747	)	$	(69,098	)



(in thousands)	Fiscal 2018			Fiscal 2017			Fiscal 2016
Current:
Federal	$	(4,457	)	$	4,804		$	(2,834	)
State	2,275			330			(229		)
Foreign	—			(124		)	1,218
Total current	(2,182		)	5,010			(1,845		)
Deferred:
Federal	1,650			(34,901		)	(62,645		)
State	(1,427		)	2,144			(4,608		)
Total deferred	223			(32,757		)	(67,253		)
Total (benefit) provision	$	(1,959	)	$	(27,747	)	$	(69,098	)

Reconciliation of the effective income tax rate

A reconciliation of the statutory federal income tax rate to the effective income tax rate is as follows:



	Fiscal 2018		Fiscal 2017		Fiscal 2016
Tax at statutory federal income tax rate*	21.0	%	33.8	%	35.0	%
State income taxes, net of federal tax benefit	10.0	%	103.5	%	2.7	%
Foreign differential	(4.6	)%	108.6	%	—	%
Permanent differences	23.4	%	383.1	%	(0.7	)%
Tax law changes	—	%	(7,793.7	)%	—	%
Repatriation of foreign earnings	(38.4	)%	950.9	%	—	%
Uncertain tax benefits	(38.6	)%	(600.1	)%	0.8	%
Change in foreign valuation allowance	19.2	%	509.8	%	—	%
Other, net	(12.3	)%	110.6	%	0.8	%
Total at effective income tax rate	(20.3	)%	(6,193.5	)%	38.6	%

Summary of deferred tax assets and liabilities

Deferred tax assets and liabilities consisted of the following:



(in thousands)	February 1, 2019			February 2, 2018
Deferred tax assets:
Deferred revenue	$	3,053		$	3,292
Legal and other reserves	1,714			1,512
Deferred compensation	10,360			4,029
Reserve for returns	2,271			2,301
Inventory	3,690			3,099
Currency translation adjustment - foreign subsidiaries	3,505			2,816
Other	3,041			4,330
Total deferred tax assets	27,634			21,379
Net operating loss carryforward	5,117			2,284
Less valuation allowance	(5,079		)	(2,284		)
Net deferred tax assets	$	27,672		$	21,379

Deferred tax liabilities:
Intangible assets	$	62,959		$	62,754
LIFO reserve	16,382			16,659
Property, plant and equipment	5,098			—
Catalog marketing	1,903			1,103
Total deferred tax liabilities	86,342			80,516
Net deferred tax liability	$	58,670		$	59,137

Schedule of unrecognized tax benefits

A reconciliation of the beginning and ending amount of UTBs is as follows:



	Federal, State and Foreign Tax
(in thousands)	Fiscal 2018			Fiscal 2017			Fiscal 2016
Gross UTB balance at beginning of period	$	4,531		$	6,901		$	8,311
Tax positions related to the current period—gross increases	—			—			120
Tax positions related to the prior periods—gross decreases	(2,588		)	(2,370		)	(1,530		)
Settlements	(485		)	—			—
Gross UTB balance at end of period	$	1,458		$	4,531		$	6,901

Leases (Tables)

12 Months Ended

Jan. 27, 2017

Leases [Abstract]

Summary of future operating lease commitments

otal rental expense under operating leases was $19.7 million, $27.2 million and $30.6 million for Fiscal 2018, Fiscal 2017 and Fiscal 2016, respectively.

Total future commitments under these operating leases as of February 1, 2019 are as follows for the fiscal years ending (in thousands):



2019	$	10,389
2020	5,698
2021	4,226
2022	3,172
2023	2,174
Thereafter	6,415
Total minimum payments required⁽¹⁾	$	32,074

(1) Minimum payments have not been reduced by minimum sublease rentals of $4.2 million due in the future under noncancelable subleases.

Leases Future Lease Commitments (Tables)

12 Months Ended

Feb. 01, 2019

Future Lease Commitments [Abstract]

Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]



2019	$	10,389
2020	5,698
2021	4,226
2022	3,172
2023	2,174
Thereafter	6,415
Total minimum payments required⁽¹⁾	$	32,074

Stock-Based Compensation (Tables)

12 Months Ended

Feb. 01, 2019

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of stock-based compensation expense

The following table summarizes the Company's stock-based compensation expense, which is included in Selling and administrative expense in the Consolidated Statements of Operations:



(in thousands)	Fiscal 2018		Fiscal 2017		Fiscal 2016
Deferred Awards	$	4,407	$	3,212	$	1,599
Option Awards	748		651		—
Performance Awards	1,006		88		631
Total stock-based compensation expense	$	6,161	$	3,951	$	2,230

Debt (Tables)

12 Months Ended

Feb. 01, 2019

Jan. 27, 2017

Debt Disclosure [Abstract]

Company's Debt

The Company's debt consisted of the following:



	February 1, 2019				February 2, 2018
(in thousands)	Principal Amount		Interest Rate		Principal Amount		Interest Rate
Term Loan Facility, maturing April 4, 2021	$	490,538	5.77	%	$	495,688	4.82	%
ABL Facility, maturing November 16, 2022	—		—	%	—		—	%
	490,538				495,688
Less: current maturities in Other current liabilities	5,150				5,150
Less: unamortized debt issuance costs	2,935				4,290
Long-term debt, net	$	482,453			$	486,248

Schedule of aggregate scheduled maturities

The Company's aggregate scheduled maturities of the Term Loan Facility as of February 1, 2019 are as follows:



(in thousands)
Less than 1 year	$	5,150
1 - 2 years	5,150
2 - 3 years	480,238
	$	490,538

Company's borrowing availability under ABL Facility

The following table summarizes the Company's borrowing availability under the ABL Facility:



(in thousands)	February 1, 2019		February 2, 2018
ABL Facility maximum borrowing	$	175,000	$	175,000
Outstanding letters of credit	21,111		22,328
Borrowing availability under ABL	$	153,889	$	152,672

Fair Value of Financial Assets and Liabilities (Tables)

12 Months Ended

Feb. 01, 2019

Fair Value Disclosures [Abstract]

Schedule of other financial assets and liabilities measured at fair value

Carrying values and fair values of other financial instruments in the Consolidated Balance Sheets are as follows:



	February 1, 2019				February 2, 2018
(in thousands)	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Long-term debt, including short-term portion	$	490,538	$	460,493	$	495,688	$	443,641

Related Party Agreements and Transactions (Tables)

12 Months Ended

Feb. 01, 2019

Related party costs charged by Sears Holdings to the Company related to Lands' End Shops at Sears are as follows:



(in thousands)	Fiscal 2018		Fiscal 2017		Fiscal 2016
Rent, CAM and occupancy costs	14,798		22,084		24,727
Rental services, store labor	13,719		21,934		24,052
Financial services and payment processing	1,644		2,455		2,834
Supply chain costs	465		741		979
Total expenses	$	30,626	$	47,214	$	52,592
Number of Lands' End Shops at Sears at period end⁽¹⁾	49		174		216

⁽¹⁾ During Fiscal 2018, Fiscal 2017 and Fiscal 2016, 125, 42 and 9 Lands' End Shops at Sears were closed, respectively.

Related party costs charged by Sears Holdings to the Company for general corporate services are as follows:



(in thousands)	Fiscal 2018		Fiscal 2017		Fiscal 2016
Sourcing	$	7,530	$	10,243	$	10,878
Shop Your Way	933		1,119		2,301
Shared services	190		176		192
Total expenses	$	8,653	$	11,538	$	13,371

Related party revenue charged by the Company to Sears Holdings for the use of intellectual property or services is as follows:



(in thousands)	Fiscal 2018			Fiscal 2017			Fiscal 2016
Call center services	$	—		$	1,160		$	8,207
Outfitters revenue	845			1,045			1,574
Credit card revenue	709			980			1,147
Royalty income	189			213			221
Gift card expense	(17		)	(32		)	(32		)
Total	$	1,726		$	3,366		$	11,117

Other Current Liabilities (Tables)

12 Months Ended

Feb. 01, 2019

Other Liabilities Disclosure [Abstract]

Summary of other current liabilities

Other current liabilities consisted of the following:



(in thousands)	February 1, 2019		February 2, 2018
Accrued employee compensation and benefits	42,439		32,302
Reserve for sales returns and allowances	22,222		11,133
Deferred gift card revenue	18,191		19,272
Accrued property, sales and other taxes	9,131		6,663
Other	11,240		12,744
Deferred revenue	9,051		12,993
Short-term portion of long-term debt	5,150		5,150
Total other current liabilities	$	117,424	$	100,257

Quarterly Financial Data (Unaudited) (Tables)

12 Months Ended

Jan. 27, 2017

Quarterly Financial Information Disclosure [Abstract]

Schedule of quarterly financial data



	Fiscal 2018
	First Quarter					Second Quarter					Third Quarter				Fourth Quarter
(in thousands except share data)	$'s			% Net Sales		$'s			% Net Sales		$'s		% Net Sales		$'s		% Net Sales
Net revenue	$	299,825		100.0	%	$	307,945		100.0	%	$	341,570	100.0	%	$	502,252	100.0	%
Gross profit	133,025			44.4	%	136,766			44.4	%	150,962		44.2	%	195,303		38.9	%
Operating income	2,527			0.8	%	875			0.3	%	8,485		2.5	%	30,712		6.1	%
Net (loss) income	$	(2,630	)	(0.9	)%	$	(5,285	)	(1.7	)%	$	3,294	1.0	%	$	16,211	3.2	%
Basic (loss) earnings per common share⁽¹⁾	$	(0.08	)			$	(0.16	)			$	0.10			$	0.50
Diluted (loss) earnings per common share⁽¹⁾	$	(0.08	)			$	(0.16	)			$	0.10			$	0.50



	Fiscal 2017
	First Quarter					Second Quarter					Third Quarter				Fourth Quarter
(in thousands except share data)	$'s			Net Sales		$'s			Net Sales		$'s		Net Sales		$'s		Net Sales
Net revenue	$	268,365		100.0	%	$	302,190		100.0	%	$	325,489	100.0	%	$	510,633	100.0	%
Gross profit	122,643			45.7	%	134,165			44.4	%	141,974		43.6	%	198,421		38.9	%
Operating (loss) income	(6,720		)	(2.5	)%	174			0.1	%	5,941		1.8	%	29,690		5.8	%
Net (loss) income⁽²⁾	$	(7,839	)	(2.9	)%	$	(3,880	)	(1.3	)%	$	162	—	%	$	39,752	7.8	%
Basic (loss) earnings per common share⁽¹⁾	$	(0.24	)			$	(0.12	)			$	0.01			$	1.24
Diluted loss (earnings) per common share⁽¹⁾	$	(0.24	)			$	(0.12	)			$	0.01			$	1.24

⁽¹⁾ The sum of the quarterly earnings per share—basic and diluted amounts may not equal the fiscal year amount due to rounding.

⁽²⁾ Fourth Quarter 2017 Net income includes the impacts of the Tax Act reform. See Note 9, Income Taxes, for additional details.

Background and Basis of Presentation (Details) - $ / shares	Jan. 27, 2017	Jan. 29, 2016
Class of Stock
Shares outstanding	32,220,080	32,101,793
Par value of stock	$ 0.01	$ 0.01

Summary of Significant Accounting Policies - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2019	Feb. 02, 2018	Jan. 27, 2017	Jan. 29, 2016
Significant Accounting Policies [Line Items}
Product recall	$ 0	$ 0	$ (212)
Allowance for Doubtful Accounts Receivable	542	637	$ 579	$ 626
Reserve for excess and obsolete inventory	12,500	12,100
Advertising barter transactions			3800
Unamortized marketing costs	13,500	13,700
Marketing expenses	186,900	186,400	$ 193,200
Line of Credit Facility, Maximum Borrowing Capacity	175,000	175,000
Accounts receivable, net	34,549	49,860
Bad debt expense	192	187	281
Foreign currency translation adjustments	(4,800)
Impairment of Intangible Assets (Excluding Goodwill)	0	0	173,000
Total self insurance expenses	17,100	16,500	18,200
401(k) plan expense	3,500	$ 3,200	3,300
ABL Facility [Member] \| Domestic Letters of Credit
Significant Accounting Policies [Line Items}
Line of Credit Facility, Maximum Borrowing Capacity			0
UNITED STATES
Significant Accounting Policies [Line Items}
Percentage of LIFO inventory		88.00%
Sears Holdings Corporation
Significant Accounting Policies [Line Items}
Selling and administrative expenses allocated from former parent	30,200	$ 47,100	$ 52,900
Accounts Receivable [Member] \| Sears Holdings Corporation
Significant Accounting Policies [Line Items}
Accounts receivable, net, due from related party	$ 100	$ 2,000

Note 2, Significant Accounting Policies New Accounting Pronouncements (Details) - USD ($) $ in Thousands	Feb. 03, 2019	Feb. 01, 2019	Feb. 02, 2018
Prepaid Expense and Other Assets		$ 36,574
Prepaid expenses and other current assets		36,574	$ 26,659
Other current liabilities		117,424	100,257
Accumulated deficit		(17,159)	(29,810)
Difference between Revenue Guidance in Effect before and after Topic 606 [Member]
Prepaid Expense and Other Assets		11,193
Prepaid expenses and other current assets			10,425
Other current liabilities		10,165	9,365
Accumulated deficit		1,029	1,060
Accounting Standards Update 2014-09 [Member]
Prepaid expenses and other current assets			37,084
Other current liabilities			109,622
Accumulated deficit			$ (28,750)
Calculated under Revenue Guidance in Effect before Topic 606 [Member]
Prepaid Expense and Other Assets		25,381
Other current liabilities		107,259
Accumulated deficit		$ (18,188)
Scenario, Forecast [Member] \| Accounting Standards Update 2016-02 [Member] \| Minimum [Member]
Operating Lease, Liability	$ 16,000
Accumulated deficit	1,000
Scenario, Forecast [Member] \| Accounting Standards Update 2016-02 [Member] \| Maximum [Member]
Operating Lease, Liability	26,000
Accumulated deficit	$ 2,000

Summary of Significant Accounting Policies - Allowance for Doubtful Accounts (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2019	Feb. 02, 2018	Jan. 27, 2017
Allowance for Doubtful Accounts Receivable [Roll Forward]
Beginning balance	$ 637	$ 579	$ 626
Provision	192	187	281
Write-offs	(287)	(129)	(328)
Ending balance	$ 542	$ 637	$ 579

Summary of Significant Accounting Policies - Summary of Plant and Equipment (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2019	Feb. 02, 2018	Jan. 27, 2017
Accounting Policies [Abstract]
Depreciation and amortization	$ 27,558	$ 24,910	$ 19,003
Property, Plant and Equipment, Net, by Type [Abstract]
Gross property and equipment	345,947	329,688
Accumulated depreciation	(196,053)	(193,187)
Total property and equipment, net	149,894	136,501	$ 122,836
Land
Property, Plant and Equipment, Net, by Type [Abstract]
Gross property and equipment	3,459	3,533
Buildings and improvements
Property, Plant and Equipment, Net, by Type [Abstract]
Gross property and equipment	$ 99,400	100,122
Buildings and improvements \| Minimum [Member]
Property, Plant and Equipment, Net, by Type [Abstract]
Asset lives of property and equipment	15 years
Buildings and improvements \| Maximum [Member]
Property, Plant and Equipment, Net, by Type [Abstract]
Asset lives of property and equipment	30 years
Furniture, fixtures and equipment
Property, Plant and Equipment, Net, by Type [Abstract]
Gross property and equipment	$ 62,823	69,940
Furniture, fixtures and equipment \| Minimum [Member]
Property, Plant and Equipment, Net, by Type [Abstract]
Asset lives of property and equipment	3 years
Furniture, fixtures and equipment \| Maximum [Member]
Property, Plant and Equipment, Net, by Type [Abstract]
Asset lives of property and equipment	10 years
Computer hardware and software
Property, Plant and Equipment, Net, by Type [Abstract]
Gross property and equipment	$ 146,400	122,336
Computer hardware and software \| Minimum [Member]
Property, Plant and Equipment, Net, by Type [Abstract]
Asset lives of property and equipment	3 years
Computer hardware and software \| Maximum [Member]
Property, Plant and Equipment, Net, by Type [Abstract]
Asset lives of property and equipment	10 years
Leasehold improvements
Property, Plant and Equipment, Net, by Type [Abstract]
Gross property and equipment	$ 6,569	10,329
Leasehold improvements \| Minimum [Member]
Property, Plant and Equipment, Net, by Type [Abstract]
Asset lives of property and equipment	3 years
Leasehold improvements \| Maximum [Member]
Property, Plant and Equipment, Net, by Type [Abstract]
Asset lives of property and equipment	7 years
Construction in Progress [Member]
Property, Plant and Equipment, Net, by Type [Abstract]
Gross property and equipment	$ 27,296	$ 23,428

Summary of Significant Accounting Policies - Summary of Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2019	Feb. 02, 2018	Jan. 27, 2017
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning balance: Accumulated other comprehensive loss	$ (10,592)	$ (12,426)	$ (9,384)
Other comprehensive income (loss)
Foreign currency translation adjustments (net of tax of $689, $(1,427) and $1,638, respectively)	(2,591)	4,282	(3,042)
Ending balance: Accumulated other comprehensive loss	(13,183)	(10,592)	(12,426)
Accumulated other comprehensive loss, tax, beginning of period	2,816	6,691	(9,384)
Foreign currency translation adjustments, tax	689	(3,875)	16,075
Accumulated other comprehensive loss, tax, end of period	3,505	2,816	6,691
Impacts of Tax Act	$ 0	$ (2,400)	$ 0

Summary of Significant Accounting Policies - Summary of Earnings per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Feb. 01, 2019	Nov. 02, 2018	Aug. 03, 2018	May 04, 2018	Feb. 02, 2018	Oct. 27, 2017	Jul. 28, 2017	Apr. 28, 2017	Feb. 01, 2019	Feb. 02, 2018	Jan. 27, 2017
Earnings Per Share [Abstract]
Net income (loss)	$ 16,211	$ 3,294	$ (5,285)	$ (2,630)	$ 39,752	$ 162	$ (3,880)	$ (7,839)	$ 11,590	$ 28,195	$ (109,782)
Basic weighted average shares outstanding									32,190	32,076	32,021
Dilutive effect of stock awards (shares)									336	34	0
Diluted weighted average shares outstanding									32,526	32,110	32,021
Basic earnings per share (in dollars per share)	$ 0.50	$ 0.10	$ (0.16)	$ (0.08)					$ 0.36	$ 0.88	$ (3.43)
Diluted earnings per share (in dollars per share)	$ 0.50	$ 0.10	$ (0.16)	$ (0.08)	$ 1.24	$ 0.01	$ (0.12)	$ (0.24)	$ 0.36	$ 0.88	$ (3.43)

- Definition

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

+ References

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+ Details

- Definition

The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
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+ Details

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

Summary of Significant Accounting Policies Summary of Significant Accounting Policies - Inventory Disclosures (Details) - USD ($) $ in Thousands	Feb. 01, 2019	Feb. 02, 2018	Jan. 27, 2017	Jan. 29, 2016
Inventory Trade Credits [Line Items]
Allowance for Doubtful Accounts Receivable	$ 542	$ 637	$ 579	$ 626
FIFO Method Effect	1,100	1,000
Accounts Receivable [Member]
Inventory Trade Credits [Line Items]
Trade Credits Receivable	300	$ 900
Other Current Assets [Member]
Inventory Trade Credits [Line Items]
Trade Credits Receivable	$ 3,500
UNITED STATES
Inventory Trade Credits [Line Items]
Percentage of LIFO Inventory		88.00%

Summary of Significant Accounting Policies Goodwill and Intangibles (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2019	Feb. 02, 2018	Jan. 27, 2017
Goodwill [Line Items]
Impairment of Intangible Assets (Excluding Goodwill)	$ 0	$ 0	$ 173,000
US eCommerce [Member]
Goodwill [Line Items]
Reporting Unit, Percentage of Fair Value in Excess of Carrying Amount	56.10%
Outfitters [Member]
Goodwill [Line Items]
Reporting Unit, Percentage of Fair Value in Excess of Carrying Amount	30.20%
JAPAN
Goodwill [Line Items]
Reporting Unit, Percentage of Fair Value in Excess of Carrying Amount	36.70%
Trade Names [Member]
Goodwill [Line Items]
Reporting Unit, Percentage of Fair Value in Excess of Carrying Amount	45.10%	9.70%

Summary of Significant Accounting Policies Summary of Significant Account Policies - Deferred Revenue Disclosure (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2019	Feb. 02, 2018
Revenue Recognition and Deferred Revenue [Abstract]
Deferred Revenue	$ 9,051	$ 12,993
Recognition of Deferred Revenue	(12,993)
Deferred Revenue, Additions	$ 9,051

Summary of Significant Accounting Policies Summary of Significant Accounting Policies - Restructuring Costs (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2019	Feb. 02, 2018	Jan. 27, 2017
Restructuring Cost and Reserve [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$ 175,000	$ 175,000
Letter of Credit Limit	70,000
Depreciation and amortization	27,558	24,910	$ 19,003
Restructuring Reserve	1,309	2,674	0
Restructuring Reserve, Period Increase (Decrease)	(1,365)	(1,793)
Restructuring Reserve, Period Increase (Decrease)		3,921
Restructuring Reserve, Settled without Cash		546
One-time Termination Benefits [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve	0	608	0
Restructuring Reserve, Period Increase (Decrease)	(608)	(1,793)
Restructuring Reserve, Period Increase (Decrease)		2,401
Restructuring Reserve, Settled without Cash		0
Other Restructuring [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve	1,309	2,066	$ 0
Restructuring Reserve, Period Increase (Decrease)	$ (757)	0
Restructuring Reserve, Period Increase (Decrease)		1,520
Restructuring Reserve, Settled without Cash		$ 546

Summary of Significant Accounting Policies Summary of Significant Accounting Policies (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2019	Feb. 02, 2018
Gift Cards [Line Items]
Gift Card Liability, Current	$ 18,191	$ 19,272
Gift cards sold [Member]
Gift Cards [Line Items]
Increase (Decrease) in Gift Card Liability	57,465
Gift cards redeemed [Member]
Gift Cards [Line Items]
Increase (Decrease) in Gift Card Liability	(56,502)
Gift card breakage [Member]
Gift Cards [Line Items]
Increase (Decrease) in Gift Card Liability	$ (984)

Summary of Significant Accounting Policies Summary of Significant Accounting Policies - Gift Card Reconciliation (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2019	Feb. 02, 2018
Gift Cards [Line Items]
Gift Card Liability, Current	$ 18,191	$ 19,272
Adjustments for New Accounting Pronouncement [Member]
Gift Cards [Line Items]
New Accounting Pronouncement or Change in Accounting Principle, Effect of Adoption, Quantification	(1,060)
Gift cards sold [Member]
Gift Cards [Line Items]
Increase (Decrease) in Gift Card Liability	57,465
Gift cards redeemed [Member]
Gift Cards [Line Items]
Increase (Decrease) in Gift Card Liability	(56,502)
Gift card breakage [Member]
Gift Cards [Line Items]
Increase (Decrease) in Gift Card Liability	$ (984)

Income Taxes Income Taxes - Summary of Income Before Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2019	Feb. 02, 2018	Jan. 27, 2017
Income (loss) before income taxes:
United States	$ 16,297	$ 9,011	$ (174,461)
Foreign	(6,666)	(8,563)	(4,419)
Income (loss) before income taxes	$ 9,631	$ 448	$ (178,880)

Income Taxes - Summary the Components of Income Tax Provision (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2019	Feb. 02, 2018	Jan. 27, 2017
Income Tax Expense (Benefit), Continuing Operations, by Jurisdiction [Abstract]
United States	$ (1,959)	$ (27,623)	$ (70,316)
Foreign	0	(124)	1,218
Income Tax Expense (Benefit)	(1,959)	(27,747)	(69,098)
Current:
Federal	(4,457)	4,804	(2,834)
State	2,275	330	(229)
Foreign	0	(124)	1,218
Total current	(2,182)	5,010	(1,845)
Deferred:
Federal	1,650	(34,901)	(62,645)
State	(1,427)	2,144	(4,608)
Total deferred	$ 223	$ (32,757)	$ (67,253)

Income Taxes - Reconciliation of Effective Tax Rate (Details)	12 Months Ended
	Feb. 01, 2019	Feb. 02, 2018	Jan. 27, 2017
Income Tax Examination [Line Items]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	21.00%	33.80%	35.00%
State income taxes, net of federal tax benefit	10.00%	103.50%	2.70%
Effective Income Tax Rate Reconciliation, Tax Contingency, Foreign, Percent	(4.60%)	108.60%	0.00%
Permanent differences	23.40%	383.10%	(0.70%)
Tax Law Changes	0.00%	(7793.70%)	0.00%
Repatriation of Earnings	(38.40%)	950.90%	0.00%
Uncertain Tax Benefits	(38.60%)	(600.10%)	0.80%
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Percent	19.20%	509.80%	0.00%
Other, net	(12.30%)	110.60%	0.80%
Total at effective income tax rate	(20.30%)	(6193.50%)	38.60%

Income Taxes - Components of Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Feb. 01, 2019	Feb. 02, 2018
Deferred tax assets:
Operating Loss Carryforwards	$ 5,117	$ 2,284
Operating Loss Carryforwards, Valuation Allowance	(5,079)	(2,284)
Deferred Tax Assets, Net	27,672	21,379
Deferred revenue	3,053	3,292
Legal and other reserves	1,714	1,512
Deferred compensation	10,360	4,029
Reserve for returns	2,271	2,301
Inventory	3,690	3,099
Currency translation adjustment - foreign subsidiaries	3,505	2,816
Other	3,041	4,330
Total deferred tax assets	27,634	21,379
Deferred tax liabilities:
Intangible assets	62,959	62,754
LIFO reserve	16,382	16,659
Property, plant and equipment	5,098	0
Catalog marketing	1,903	1,103
Total deferred tax liabilities	86,342	80,516
Net deferred tax liability	$ 58,670	$ 59,137

Income Taxes - Summary of Unrecognized Tax Benefits (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2019	Feb. 02, 2018	Jan. 27, 2017
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Gross UTB balance at beginning of period	$ 4,531	$ 6,901	$ 8,311
Tax positions related to the current period—gross increases	0	0	120
Tax positions related to the prior periods—gross decreases	(2,588)	(2,370)	(1,530)
Settlements	(485)	0	0
Gross UTB balance at end of period	$ 1,458	$ 4,531	$ 6,901

Income Taxes Tax Detail (Details) - USD ($)	12 Months Ended
Income Taxes Tax Detail (Details) - USD ($)	Feb. 01, 2019	Feb. 02, 2018	Jan. 27, 2017	Jan. 29, 2016	Apr. 04, 2014
Income Tax Examination [Line Items]
Operating Loss Carryforwards	$ 5,117,000	$ 2,284,000
Deferred Tax Assets, Net	$ 27,672,000	$ 21,379,000
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	21.00%	33.80%	35.00%
Unrecognized tax benefits	$ 1,458,000	$ 4,531,000	$ 6,901,000	$ 8,311,000
Amount of interest and penalties recognized	800,000	3,200,000
Income Tax Examination, Penalties and Interest Accrued, Net of Tax Benefit	600,000	2,500,000
Deferred tax assets	27,634,000	21,379,000
Indemnification Receivable	0	7,400,000			$ 13,700,000
Indemnification Writedown	4,800,000
Indemnification Reserve	2,600,000
Tax Act Benefit		30,600,000
Deferred Tax Liability Tax Act Adjustment		29,700,000
Transition Tax Liability		4,300,000
State Tax Law Changes		3,700,000
Unrecognized Tax Benefits that Would Impact Effective Tax Rate	1,200,000
State and Local Jurisdiction [Member]
Income Tax Examination [Line Items]
Operating Loss Carryforwards	13,900,000
Deferred Tax Assets, Net	1,000,000
Foreign Tax Authority [Member]
Income Tax Examination [Line Items]
Operating Loss Carryforwards	15,200,000
Deferred Tax Assets, Net	$ 4,100,000
Reduction in Unremitted Foreign Earnings [Domain]
Income Tax Examination [Line Items]
Deferred Tax Liability Tax Act Adjustment		$ 5,200,000

Leases (Details) - USD ($) $ in Millions	12 Months Ended
Leases (Details) - USD ($) $ in Millions	Feb. 01, 2019	Feb. 02, 2018	Jan. 27, 2017
Property Subject to or Available for Operating Lease [Line Items]
Rental expense under operating leases	$ 19.7	$ 27.2	$ 30.6

Leases Lease Maturities (Details) - USD ($) $ in Thousands	12 Months Ended						72 Months Ended
Leases Lease Maturities (Details) - USD ($) $ in Thousands	Feb. 01, 2025	Feb. 02, 2024	Feb. 03, 2023	Jan. 28, 2022	Jan. 29, 2021	Jan. 31, 2020	Feb. 01, 2025
Scenario, Forecast [Member]
Lease Commitments [Line Items]
Operating Lease, Payments	$ 6,415	$ 2,174	$ 3,172	$ 4,226	$ 5,698	$ 10,389	$ 32,074

Stock-Based Compensation (Details) - USD ($) shares in Thousands, $ in Millions	12 Months Ended
	Feb. 01, 2019	Jan. 27, 2017
Share-based Compensation Arrangement by Share-based Payment Award
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Number	86
Performance Awards
Share-based Compensation Arrangement by Share-based Payment Award
Compensation expense not yet recognized		$ 2.8
Compensation expense not yet recognized, recognition period	2 years 1 month
Deferred Awards
Share-based Compensation Arrangement by Share-based Payment Award
Compensation expense not yet recognized	$ 8.1
Compensation expense not yet recognized, recognition period	1 year 10 months 20 days
Option on Securities [Member]
Share-based Compensation Arrangement by Share-based Payment Award
Compensation expense not yet recognized	$ 1.6
Compensation expense not yet recognized, recognition period	2 years 1 month
Year 1 \| Performance Awards
Share-based Compensation Arrangement by Share-based Payment Award
Award vesting rights, percentage		25.00%
Year 1 \| Deferred Awards
Share-based Compensation Arrangement by Share-based Payment Award
Award vesting rights, percentage		25.00%
Year 2 \| Performance Awards
Share-based Compensation Arrangement by Share-based Payment Award
Award vesting rights, percentage		25.00%
Year 2 \| Deferred Awards
Share-based Compensation Arrangement by Share-based Payment Award
Award vesting rights, percentage		25.00%
Year 3 \| Performance Awards
Share-based Compensation Arrangement by Share-based Payment Award
Award vesting rights, percentage		50.00%
Year 3 \| Deferred Awards
Share-based Compensation Arrangement by Share-based Payment Award
Award vesting rights, percentage		50.00%

Stock-Based Compensation - Schedule of Stock-Based Compensation Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2019	Feb. 02, 2018	Jan. 27, 2017
Deferred Awards
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition	1 year 10 months 20 days
Performance Awards
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition	2 years 1 month
Selling and administrative expense
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost
Stock-based compensation expense	$ 6,161	$ 3,951	$ 2,230
Selling and administrative expense \| Deferred Awards
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost
Stock-based compensation expense	4,407	3,212	631
Selling and administrative expense \| Performance Awards
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost
Stock-based compensation expense	1,006	88	1,599
Selling and administrative expense \| Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost
Stock-based compensation expense	$ 748	$ 651	$ 0

Stock-Based Compensation - Schedule of Unvested Stock Award Activity (Details) - $ / shares shares in Thousands	12 Months Ended
	Feb. 01, 2019	Feb. 02, 2018
Weighted Average Grant Date Fair Value [Roll Forward]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number	(86)	0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Exercise Price	$ 8.73	$ 0.00
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Intrinsic Value, Amount Per Share	$ 294,000	$ 422,000
Number of Shares [Roll Forward]
Unvested awards, beginning of period (in shares)	497	252
Forfeited (in shares)	(46)	(107)
Unvested awards, end of period (in shares)	594	497
Weighted Average Grant Date Fair Value [Roll Forward]
Unvested awards, beginning of period (in dollars per share)	$ 22.07	$ 24.42
Granted (in dollars per share)	21.93	21.49
Unvested awards, end of period (in dollars per share)	$ 21.96	$ 22.07
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period	(151)	(70)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Weighted Average Grant Date Fair Value	$ 22.32	$ 22.66
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeitures, Weighted Average Grant Date Fair Value	21.62	24.85
Performance Awards
Share-based Compensation Arrangement by Share-based Payment Award
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Intrinsic Value, Amount Per Share	$ 195,000	$ 0
Number of Shares [Roll Forward]
Unvested awards, beginning of period (in shares)	15	69
Forfeited (in shares)	(34)	(13)
Unvested awards, end of period (in shares)	176	15
Weighted Average Grant Date Fair Value [Roll Forward]
Unvested awards, beginning of period (in dollars per share)	$ 21.94	$ 26.38
Granted (in dollars per share)	21.90	0.00
Unvested awards, end of period (in dollars per share)	$ 21.93	$ 21.94
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period	0	(41)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Intrinsic Value, Amount Per Share	$ 0.00	$ 28.33
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeitures, Weighted Average Grant Date Fair Value	$ 21.90	$ 25.20

Stock-Based Compensation Options Activity During Year (Details) - $ / shares shares in Thousands	12 Months Ended
	Feb. 01, 2019	Feb. 02, 2018	Jan. 27, 2017
Options Activity [Abstract]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number	257	343	0
Share-based Compensation Arrangement by Share-based Payment Award, Option, Nonvested, Weighted Average Exercise Price	$ 8.73	$ 8.73	$ 0.00
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	0	343
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Grant Date Intrinsic Value	$ 0.00	$ 8.73
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number	(86)	0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Exercise Price	$ 8.73	$ 0.00
Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested Options Forfeited, Number of Shares	0	0
Share-based Compensation Arrangements by Share-based Payment Award, Options, Exercises in Period, Weighted Average Exercise Price	$ 0.00	$ 0.00
Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested Options Forfeited, Weighted Average Grant Date Fair Value	$ 0.00	$ 0.00

Debt (Details)				12 Months Ended
Debt (Details)	Nov. 16, 2017 USD ($)	Apr. 04, 2014 USD ($)	Apr. 04, 2014 USD ($)	Feb. 01, 2019 USD ($)	Feb. 02, 2018 USD ($)	Jan. 27, 2017 USD ($)
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity				$ 175,000,000	$ 175,000,000
Letter of Credit Limit				70,000,000
Debt Issuance Costs, Line of Credit Arrangements, Gross	$ 1,500,000
Debt issuance costs				0	1,515,000	$ 0
Line of Credit Facility, Commitment Fee Percentage	0.25%
Dividends			$ 500,000,000		28,195,000
Debt Instrument, Fee			11433
ABL Facility [Member] \| Line of Credit
Line of Credit Facility [Line Items]
Available borrowing under line of credit facility				153,889,000	152,672,000
Outstanding letters of credit				$ 21,111,000	22,328,000
ABL Facility [Member] \| Domestic Letters of Credit
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity						$ 0
ABL Facility [Member] \| Secured Debt [Member]
Line of Credit Facility [Line Items]
Line of credit facility, covenant terms, minimum percentage of loan cap amount		10.00%
Line of credit facility, covenant terms, minimum excess credit availability		$ 15,000,000	$ 15,000,000
Line of credit facility, covenant terms, minimum fixed charge coverage ratio		1.0	1.0
Term Loan Facility \| Secured Debt [Member]
Line of Credit Facility [Line Items]
Secured Debt		$ 515,000,000	$ 515,000,000		$ 495,688,000
Line of credit facility, amortization rate	1.00%
Minimum [Member] \| Term Loan Facility \| Secured Debt [Member]
Line of Credit Facility [Line Items]
Mandatory prepayment terms, amount equal to borrowers' excess cash flows, percentage	0.00%
Maximum [Member] \| Term Loan Facility \| Secured Debt [Member]
Line of Credit Facility [Line Items]
Mandatory prepayment terms, amount equal to borrowers' excess cash flows, percentage	50.00%
London Interbank Offered Rate (LIBOR) \| Term Loan Facility \| Secured Debt [Member]
Line of Credit Facility [Line Items]
Spread on variable rate	3.25%
London Interbank Offered Rate (LIBOR) \| Minimum [Member] \| Term Loan Facility \| Secured Debt [Member]
Line of Credit Facility [Line Items]
Spread on variable rate	1.25%
London Interbank Offered Rate (LIBOR) \| Maximum [Member] \| Term Loan Facility \| Secured Debt [Member]
Line of Credit Facility [Line Items]
Spread on variable rate	1.75%
Base Rate \| Term Loan Facility \| Secured Debt [Member]
Line of Credit Facility [Line Items]
Spread on variable rate	2.25%
Base Rate \| Minimum [Member] \| ABL Facility [Member] \| Secured Debt [Member]
Line of Credit Facility [Line Items]
Spread on variable rate	0.50%
Base Rate \| Maximum [Member] \| ABL Facility [Member] \| Secured Debt [Member]
Line of Credit Facility [Line Items]
Spread on variable rate	1.00%

Debt - Schedule of Aggregate Maturities (Details) - USD ($) $ in Thousands	Feb. 01, 2019	Feb. 02, 2018
Debt Disclosure [Abstract]
Less than 1 year	$ 5,150
1 - 2 years	5,150
2 - 3 years	480,238
Total aggregate maturities	$ 490,538	$ 495,688

Debt Borrowing availability (Details) - USD ($) $ in Thousands	Feb. 01, 2019	Feb. 02, 2018
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$ 175,000	$ 175,000
ABL Facility [Member] \| Line of Credit
Debt Instrument [Line Items]
Outstanding letters of credit	21,111	22,328
Available borrowing under line of credit facility	$ 153,889	$ 152,672

Debt Long Term Debt (Details) $ in Thousands	Nov. 16, 2017	Feb. 01, 2019 USD ($)	Feb. 02, 2018 USD ($)	Jan. 27, 2017 USD ($)	Apr. 04, 2014 USD ($)
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage		5.77%	4.82%
Line of Credit Facility, Maximum Borrowing Capacity		$ 175,000	$ 175,000
Deferred revenue		5,150	5,150
Debt Issuance Costs, Net		2,935	4,290
Long-term debt, net		482,453	486,248
Long-term Debt, including short-term portion		490,538	495,688
Secured Debt [Member] \| ABL Facility [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Covenant Terms, Minimum Fixed Charge Coverage Ratio					1.0
Secured Debt [Member] \| Term Loan Facility
Debt Instrument [Line Items]
Secured Debt			495,688		$ 515,000
Domestic Letters of Credit \| ABL Facility [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity				$ 0
Carrying Amount \| Fair Value, Inputs, Level 2 [Member] \| Secured Debt [Member] \| Term Loan Facility
Debt Instrument [Line Items]
Long-term Debt, including short-term portion		$ 490,538	$ 495,688
Minimum [Member] \| Secured Debt [Member] \| Term Loan Facility
Debt Instrument [Line Items]
Line of Credit Facility, Mandatory Prepayment Terms, Percentage of Borrower's Excess Cash Flow	0.00%
Maximum [Member] \| Secured Debt [Member] \| Term Loan Facility
Debt Instrument [Line Items]
Line of Credit Facility, Mandatory Prepayment Terms, Percentage of Borrower's Excess Cash Flow	50.00%

Debt ABL Facility (Details) - USD ($) $ in Thousands	Feb. 01, 2019	Feb. 02, 2018
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$ 175,000	$ 175,000

Fair Value of Financial Assets and Liabilities - Carrying and Fair Values of Financial Instruments (Details) - USD ($) $ in Millions	Feb. 01, 2019	Feb. 02, 2018
Restricted Cash [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	$ 1.9	$ 2.4

Fair Value of Financial Assets and Liabilities Intangible Impairment Loss - unobservable inputs (Level 3) (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2019	Feb. 02, 2018	Jan. 27, 2017
Fair Value Disclosures - Impairment Loss - Unobservable Inputs [Abstract]
Impairment of Intangible Assets (Excluding Goodwill)	$ 0	$ 0	$ 173,000
Intangible asset, net	$ 257,000	$ 257,000

Fair Value of Financial Assets and Liabilities Fair Value of Restricted Cash (Details) - USD ($) $ in Millions	Feb. 01, 2019	Feb. 02, 2018
Restricted Cash [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	$ 1.9	$ 2.4

Goodwill and Intangible Assets (Details) - USD ($)	12 Months Ended
Goodwill and Intangible Assets (Details) - USD ($)	Feb. 01, 2019	Feb. 02, 2018	Jan. 27, 2017
Indefinite-lived Intangible Assets [Line Items]
Indefinite-Lived Trade Names	$ 257,000,000	$ 257,000,000	$ 257,000,000
Goodwill	110,000,000	110,000,000	110,000,000
Impairment of Intangible Assets (Excluding Goodwill)	0	0	$ 173,000,000
Impairment of goodwill or intangible assets	$ 0	$ 0

Goodwill and Intangible Assets - Schedule of Goodwill and Intangible Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2019	Feb. 02, 2018	Jan. 27, 2017
Indefinite-lived Intangible Assets [Line Items]
Impairment of Intangible Assets (Excluding Goodwill)	$ 0	$ 0	$ 173,000
Total intangible asset, net	257,000	257,000
Goodwill	$ 110,000	$ 110,000	$ 110,000

Goodwill and Intangible Assets Impairments (Details) - USD ($)	12 Months Ended		24 Months Ended
	Feb. 01, 2019	Feb. 02, 2018	Feb. 01, 2019
Indefinite-lived Intangible Assets [Line Items]
Goodwill, Impairment Loss	$ 0	$ 0
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)			$ 0

Related Party Agreements and Transactions (Details) - USD ($)	12 Months Ended
	Feb. 01, 2019	Feb. 02, 2018	Jan. 27, 2017	Apr. 04, 2014
Related Party Transaction
Indemnification Receivable	$ 0	$ 7,400,000		$ 13,700,000
Sears Holdings Corporation
Related Party Transaction
Related party revenue, net	1,726,000	3,366,000	$ 11,117,000
Sears Holdings Corporation \| Accounts Receivable, Net
Related Party Transaction
Accounts receivable, net, due from related party	100,000	2,000,000
Accounts payable, due to related party	$ 0	$ 2,900,000

Related Party Agreements and Transactions - Schedule of Related Party Costs (Details) - Sears Holdings Corporation $ in Thousands	12 Months Ended
	Feb. 01, 2019 USD ($)	Feb. 02, 2018 USD ($)	Jan. 27, 2017 USD ($) store_location	Jan. 29, 2016 store_location	Jan. 30, 2015 store_location
Related Party Transaction
Number of Lands’ End Shops at Sears at period end	49	174	216
Number of Lands' End Shops at Sears closed in period \| store_location			125	42	9
Rent, CAM and occupancy costs
Related Party Transaction
Related party expenses, net	$ 14,798	$ 22,084	$ 24,727
(in thousands)
Related Party Transaction
Related party expenses, net	13,719	21,934	24,052
Financial services and payment processing
Related Party Transaction
Related party expenses, net	1,644	2,455	2,834
Financial services and payment processing
Related Party Transaction
Related party expenses, net	465	741	979
Total expenses
Related Party Transaction
Related party expenses, net	$ 30,626	$ 47,214	$ 52,592

Related Party Agreements and Transactions - Details of General Corporate Services (Details) - Sears Holdings Corporation - USD ($) $ in Thousands	12 Months Ended
	Feb. 01, 2019	Feb. 02, 2018	Jan. 27, 2017
Sourcing
Related Party Transaction
Related party expenses, net	$ 7,530	$ 10,243	$ 10,878
Shop Your Way
Related Party Transaction
Related party expenses, net	933	1,119	2,301
Shared services
Related Party Transaction
Related party expenses, net	190	176	192
Total expenses
Related Party Transaction
Related party expenses, net	$ 8,653	$ 11,538	$ 13,371

Related Party Agreements and Transactions - Details of Use of Intellectual Property or Services (Details) - Sears Holdings Corporation $ in Thousands	12 Months Ended
	Feb. 01, 2019 USD ($)	Feb. 02, 2018 USD ($)	Jan. 27, 2017 USD ($) store_location	Jan. 29, 2016 store_location	Jan. 30, 2015 store_location
Related Party Transaction
Number of Lands' End Shops at Sears closed in period \| store_location			125	42	9
Related party revenue, net	$ 1,726	$ 3,366	$ 11,117
Call center services
Related Party Transaction
Related party revenue, net	0	1,160	8,207
Outfitters revenue
Related Party Transaction
Related party revenue, net	845	1,045	1,574
Credit card revenue
Related Party Transaction
Related party revenue, net	709	980	1,147
Gift card expense
Related Party Transaction
Related party revenue, net	(17)	(32)	(32)
Royalty income
Related Party Transaction
Related party revenue, net	$ 189	$ 213	$ 221

Segment Reporting - Details by Product Category, Segment and Geographic Region (Details) - USD ($)	3 Months Ended								12 Months Ended
	Feb. 01, 2019	Nov. 02, 2018	Aug. 03, 2018	May 04, 2018	Feb. 02, 2018	Oct. 27, 2017	Jul. 28, 2017	Apr. 28, 2017	Feb. 01, 2019	Feb. 02, 2018	Jan. 27, 2017
Segment Reporting Information [Line Items]
Revenues	$ 502,252,000	$ 341,570,000	$ 307,945,000	$ 299,825,000	$ 510,633,000	$ 325,489,000	$ 302,190,000	$ 268,365,000	$ 1,451,592,000	$ 1,406,677,000	$ 1,335,760,000
Sales Revenue, Net, Percentage of Net Sales	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Gain (Loss) on Disposition of Assets									(278,000)	(348,000)	(672,000)
Product recall									0	0	(212,000)
Depreciation and amortization									27,558,000	24,910,000	19,003,000
Impairment of Intangible Assets (Excluding Goodwill)									0	0	173,000,000
Operating income	$ 30,712,000	$ 8,485,000	$ 875,000	$ 2,527,000	$ 29,690,000	$ 5,941,000	$ 174,000	$ (6,720,000)	42,599,000	29,085,000	(152,631,000)
Interest Expense									28,909,000	25,929,000	24,630,000
Income Tax Expense (Benefit)									(1,959,000)	(27,747,000)	(69,098,000)
Total assets	1,110,911,000				1,124,135,000				1,110,911,000	1,124,135,000
Total capital expenditures									44,852,000	38,145,000	33,319,000
Total property and equipment, net	149,894,000				136,501,000				149,894,000	136,501,000	122,836,000
Other Nonoperating Income (Expense)									(4,059,000)	(2,708,000)	(1,619,000)
Net Income (Loss) Attributable to Parent	16,211,000	$ 3,294,000	$ (5,285,000)	$ (2,630,000)	39,752,000	$ 162,000	$ (3,880,000)	$ (7,839,000)	11,590,000	28,195,000	(109,782,000)
eCommerce [Member]
Segment Reporting Information [Line Items]
Revenues									$ 1,039,929,000	$ 975,446,000	$ 900,182,000
Sales Revenue, Net, Percentage of Net Sales									71.70%	69.30%	67.40%
Retail [Member]
Segment Reporting Information [Line Items]
Revenues									$ 122,412,000	$ 172,562,000	$ 186,611,000
Outfitters [Domain]
Segment Reporting Information [Line Items]
Sales Revenue, Net, Percentage of Net Sales									8.40%	12.30%	14.00%
Outfitters [Member]
Segment Reporting Information [Line Items]
Revenues									$ 289,251,000	$ 258,669,000	$ 248,967,000
Sales Revenue, Net, Percentage of Net Sales									19.90%	18.40%	18.60%
North America [Member]
Segment Reporting Information [Line Items]
Revenues									$ 1,245,157,000	$ 1,204,199,000	$ 1,143,529,000
Sales Revenue, Net, Percentage of Net Sales									85.80%	85.60%	85.60%
Total property and equipment, net	140,663,000				126,015,000				$ 140,663,000	$ 126,015,000	$ 113,045,000
Europe
Segment Reporting Information [Line Items]
Revenues									$ 138,761,000	$ 134,543,000	$ 125,410,000
Sales Revenue, Net, Percentage of Net Sales									9.60%	9.60%	9.40%
Total property and equipment, net	8,773,000				9,862,000				$ 8,773,000	$ 9,862,000	$ 9,075,000
Asia
Segment Reporting Information [Line Items]
Revenues									$ 50,203,000	$ 48,704,000	$ 50,030,000
Sales Revenue, Net, Percentage of Net Sales									3.50%	3.50%	3.70%
Total property and equipment, net	$ 458,000				$ 624,000				$ 458,000	$ 624,000	$ 716,000
Other foreign
Segment Reporting Information [Line Items]
Revenues									$ 17,471,000	$ 19,231,000	$ 16,791,000
Sales Revenue, Net, Percentage of Net Sales									1.10%	1.30%	1.30%

Other Current Liabilities (Details) - USD ($) $ in Thousands	Feb. 01, 2019	Feb. 02, 2018
Other Liabilities, Current [Abstract]
Gift Card Liability, Current	$ 18,191	$ 19,272
Reserve for sales returns and allowances	42,439	32,302
Deferred gift card revenue	22,222	11,133
Accrued property, sales and other taxes	9,051	12,993
Other	9,131	6,663
Deferred revenue	5,150	5,150
Short-term portion of long-term debt	11,240	12,744
Total other current liabilities	$ 117,424	$ 100,257

Quarterly Financial Data (Unaudited) (Details) - USD ($) $ / shares in Units, shares in Thousands	3 Months Ended								12 Months Ended
	Feb. 01, 2019	Nov. 02, 2018	Aug. 03, 2018	May 04, 2018	Feb. 02, 2018	Oct. 27, 2017	Jul. 28, 2017	Apr. 28, 2017	Feb. 01, 2019	Feb. 02, 2018	Jan. 27, 2017
Quarterly Financial Information Disclosure [Abstract]
Revenues	$ 502,252,000	$ 341,570,000	$ 307,945,000	$ 299,825,000	$ 510,633,000	$ 325,489,000	$ 302,190,000	$ 268,365,000	$ 1,451,592,000	$ 1,406,677,000	$ 1,335,760,000
Impairment of Intangible Assets (Excluding Goodwill)									0	0	173,000,000
Gross profit	195,303,000	150,962,000	136,766,000	133,025,000	198,421,000	141,974,000	134,165,000	122,643,000	616,056,000	597,203,000	576,408,000
Operating income	30,712,000	8,485,000	875,000	2,527,000	29,690,000	5,941,000	174,000	(6,720,000)	42,599,000	29,085,000	(152,631,000)
Net income (loss)	$ 16,211,000	$ 3,294,000	$ (5,285,000)	$ (2,630,000)	$ 39,752,000	$ 162,000	$ (3,880,000)	$ (7,839,000)	$ 11,590,000	$ 28,195,000	$ (109,782,000)
Basic earnings per share (in dollars per share)	$ 0.50	$ 0.10	$ (0.16)	$ (0.08)					$ 0.36	$ 0.88	$ (3.43)
Diluted earnings per share (in dollars per share)	$ 0.50	$ 0.10	$ (0.16)	$ (0.08)	$ 1.24	$ 0.01	$ (0.12)	$ (0.24)	$ 0.36	$ 0.88	$ (3.43)
Basic and diluted earnings per common share (in dollars per share)					$ 1.24	$ 0.01	$ (0.12)	$ (0.24)
Merchandise sales and services, net to net sales, percentage	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Gross margin to net sales, percentage	38.90%	44.20%	44.40%	44.40%	38.90%	43.60%	44.40%	45.70%
Operating income to net sales, percentage	6.10%	2.50%	0.30%	0.80%	5.80%	1.80%	0.10%	(2.50%)
Net income to net sales, percentage	3.20%	1.00%	(1.70%)	(0.90%)	7.80%	0.00%	(1.30%)	(2.90%)
Number of common stock shares expected to be distributed by former parent company									32,190	32,076	32,021

Subsequent Event (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
Subsequent Event (Details) - USD ($) $ in Thousands	Feb. 01, 2019	Nov. 02, 2018	Aug. 03, 2018	May 04, 2018	Feb. 02, 2018	Oct. 27, 2017	Jul. 28, 2017	Apr. 28, 2017	Feb. 01, 2019	Feb. 02, 2018	Jan. 27, 2017
Subsequent Event [Line Items]
Cost of sales (excluding depreciation and amortization)									$ 835,536	$ 809,474	$ 759,352
Operating income	$ 30,712	$ 8,485	$ 875	$ 2,527	$ 29,690	$ 5,941	$ 174	$ (6,720)	42,599	29,085	(152,631)
Income Tax Expense (Benefit)									(1,959)	(27,747)	(69,098)
Net income (loss)	$ 16,211	$ 3,294	$ (5,285)	$ (2,630)	$ 39,752	$ 162	$ (3,880)	$ (7,839)	$ 11,590	$ 28,195	$ (109,782)

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

Label	Element	Value
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	$ 231,668,000