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Document and Entity Information Document - shares	3 Months Ended
Document and Entity Information Document - shares	May 02, 2020	Jun. 09, 2020
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	May 02, 2020
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q1
Entity Registrant Name	CHILDRENS PLACE, INC.
Entity Central Index Key	0001041859
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Current Fiscal Year End Date	--02-01
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		14,585,719
Entity Shell Company	false
Entity Small Business	false
Entity Emerging Growth Company	false
Title of 12(b) Security	Common Stock, $0.10 par value
Trading Symbol	PLCE
Security Exchange Name	NASDAQ
Entity File Number	0-23071
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	31-1241495
Entity Address, Address Line One	500 Plaza Drive
Entity Address, City or Town	Secaucus
Entity Address, State or Province	NJ
Entity Address, Postal Zip Code	07094
City Area Code	201
Local Phone Number	558-2400
Document Quarterly Report	true
Document Transition Report	false

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	May 02, 2020	Feb. 01, 2020	May 04, 2019
Assets, Current [Abstract]
Cash and Cash Equivalents, at Carrying Value	$ 71,751	$ 68,487	$ 66,111
Receivables, Net, Current	37,173	32,812	39,562
Inventory, Net	335,795	327,165	341,174
Prepaid Expense and Other Assets, Current	23,521	21,416	27,156
Total current assets	468,240	449,880	474,003
Assets, Noncurrent [Abstract]
Property, Plant and Equipment, Net	212,011	236,898	249,836
Operating Lease, Right-of-Use Asset	349,646	393,820	458,702
Intangible Assets, Net (Excluding Goodwill)	73,090	73,291	73,656
Deferred Tax Assets, Net of Valuation Allowance, Noncurrent	68,573	12,941	15,106
Other Assets, Noncurrent	13,376	14,567	14,651
Assets	1,184,936	1,181,397	1,285,954
Liabilities, Current [Abstract]
Short-term Debt	234,554	170,808	153,072
Accounts Payable, Current	263,984	213,115	205,643
Operating Lease, Liability, Current	150,463	121,868	133,783
Accrued Income Taxes, Current	2,629	5,607	2,452
Accrued Liabilities, Current	107,370	83,609	105,252
Total current liabilities	759,000	595,007	600,202
Liabilities, Noncurrent [Abstract]
Operating Lease, Liability, Noncurrent	281,839	311,908	367,307
Liability for Uncertainty in Income Taxes, Noncurrent	6,800	6,782	5,025
Accrued Income Taxes, Noncurrent	17,589	17,589	18,939
Other Liabilities, Noncurrent	14,673	14,924	14,107
Total liabilities	1,079,901	946,210	1,005,580
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]
Preferred stock, $1.00 par value, 1,000 shares authorized, 0 shares issued and outstanding	0	0	0
Common stock, $0.10 par value, 100,000 shares authorized; 14,581, 14,762, and 15,915 issued; 14,529, 14,711, and 15,867 outstanding	1,458	1,476	1,592
Additional Paid in Capital, Common Stock	135,328	139,041	149,435
Treasury stock, at cost (52, 51, and 48 shares)	(3,025)	(2,956)	(2,747)
Common Stock Issued, Employee Trust, Deferred	3,025	2,956	2,747
Accumulated Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Net of Tax	(14,913)	(13,545)	(15,542)
Retained Earnings (Accumulated Deficit)	(16,838)	108,215	144,889
Total stockholders’ equity	105,035	235,187	280,374
Total liabilities and stockholders’ equity	$ 1,184,936	$ 1,181,397	$ 1,285,954

CONDENSED CONSOLIDATED BALANCE SHEETS Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	3 Months Ended
	May 02, 2020	Feb. 01, 2020	May 04, 2019
Document Period End Date	May 02, 2020
Common Stock, Par or Stated Value Per Share	$ 0.10	$ 0.10	$ 0.10
Common Stock, Shares Authorized	100,000,000	100,000,000	100,000,000
Common Stock, Shares, Issued	14,581,000	14,762,000	15,915,000
Common Stock, Shares, Outstanding	14,529,000	14,711,000	15,867,000
Preferred Stock, Par or Stated Value Per Share	$ 1.00	$ 1.00	$ 1.00
Preferred Stock, Shares Authorized	1,000	1,000	1,000
Preferred Stock, Shares Issued	0	0	0
Preferred Stock, Shares Outstanding	0	0	0
Treasury Stock, Shares	52,000	51,000	48,000

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	May 02, 2020	May 04, 2019
Revenues	$ 255,207	$ 412,382
Cost of Goods and Services Sold	274,880	260,406
Gross Profit	(19,673)	151,976
Selling, General and Administrative Expense	98,491	128,006
Impairment of Long-Lived Assets Held-for-use	37,091	348
Depreciation, Depletion and Amortization, Nonproduction	17,888	18,584
Operating Income (Loss)	(173,143)	5,038
Interest Expense	(1,889)	(1,799)
Interest Income, Other	49	88
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest, Total	(174,983)	3,327
Income Tax Expense (Benefit)	(60,173)	(1,163)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	$ (114,810)	$ 4,490
Earnings Per Share, Basic [Abstract]
Earnings Per Share, Basic	$ (7.86)	$ 0.28
Weighted Average Number of Shares Outstanding, Basic	14,611	15,847
Earnings Per Share, Diluted [Abstract]
Earnings Per Share, Diluted	$ (7.86)	$ 0.28
Weighted Average Number of Shares Outstanding, Diluted	14,611	16,107
Common Stock, Dividends, Per Share, Cash Paid	$ 0	$ 0.56

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	3 Months Ended
	May 02, 2020	May 04, 2019
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	$ (114,810)	$ 4,490
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax	(1,523)	(683)
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax	155	75
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest	$ (116,178)	$ 3,882

- Definition

The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.

+ References

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+ Details

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	May 02, 2020	May 04, 2019
Net Cash Provided by (Used in) Operating Activities [Abstract]
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	$ (114,810)	$ 4,490
Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract]
Depreciation, Depletion and Amortization, Nonproduction	17,888	18,584
Share-based Payment Arrangement, Noncash Expense	585	7,759
Deferred Income Tax Expense (Benefit)	(55,656)	3,169
Other Noncash Expense	58	69
Increase (Decrease) in Operating Capital [Abstract]
Increase (Decrease) in Inventories	(8,629)	(38,323)
Increase (Decrease) in Prepaid Expense and Other Assets	(3,508)	(1,074)
Increase (Decrease) in Income Taxes Payable	(8,858)	(2,965)
Increase (Decrease) in Accounts Payable	69,307	28,699
Increase (Decrease) in Deferred and Other Liabilities	(6,795)	(43,142)
Net Cash Provided by (Used in) Operating Activities, Total	(40,451)	21,185
Net Cash Provided by (Used in) Investing Activities [Abstract]
Payments to Acquire Productive Assets	(5,733)	(11,009)
Payments for (Proceeds from) Life Insurance Policies	121	517
Net Cash Provided by (Used in) Investing Activities, Total	(5,612)	(86,492)
Net Cash Provided by (Used in) Financing Activities [Abstract]
Payments for Repurchase of Common Stocks	(14,559)	(33,319)
Payments of Ordinary Dividends, Common Stock	0	(8,930)
Proceeds from Lines of Credit	134,130	306,279
Repayments of Lines of Credit	(70,384)	(202,068)
Net Cash Provided by (Used in) Financing Activities, Total	49,187	61,962
Effect of Exchange Rate on Cash and Cash Equivalents	140	320
Cash and Cash Equivalents, Period Increase (Decrease), Total	3,264	(3,025)
Cash and Cash Equivalents, at Carrying Value	68,487	69,136
Cash and Cash Equivalents, at Carrying Value	71,751	66,111
Supplemental Cash Flow Information [Abstract]
Income Taxes Paid, Net	4,676	(1,379)
Interest Paid, Excluding Capitalized Interest, Operating Activities	(1,702)	(1,537)
Payments for (Proceeds from) Productive Assets	$ (1,093)	$ (2,019)

COMPREHENSIVE INCOME (LOSS) (Details) - USD ($) $ in Thousands	3 Months Ended
	May 02, 2020	May 04, 2019
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest [Abstract]
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	$ (114,810)	$ 4,490
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax	(1,523)	(683)
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest	$ (116,178)	$ 3,882

- Definition

The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.

+ References

+ Details

BASIS OF PRESENTATION	3 Months Ended
BASIS OF PRESENTATION	May 04, 2019
Accounting Policies [Abstract]
Basis of Presentation and Significant Accounting Policies [Text Block]	BASIS OF PRESENTATION Description of Business The Children’s Place, Inc. and subsidiaries (the “Company”) is the largest pure-play children's specialty apparel retailer in North America. The Company provides apparel, footwear, accessories, and other items for children. The Company designs, contracts to manufacture, sells at retail and wholesale, and licenses to sell trend right, high-quality merchandise predominately at value prices, primarily under our proprietary “The Children’s Place”, “Place”, “Baby Place”, and “Gymboree” brand names. The Company classifies its business into two segments: The Children’s Place U.S. and The Children’s Place International. Included in The Children’s Place U.S. segment are the Company’s U.S. and Puerto Rico-based stores and revenue from its U.S.- based wholesale business. Included in The Children’s Place International segment are its Canadian-based stores, revenue from the Company’s Canada wholesale business, as well as revenue from international franchisees. Each segment includes e-commerce businesses located at www.childrensplace.com and www.gymboree.com. Interim Financial Statements The accompanying unaudited consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”) for interim financial information and the rules and regulations of the Securities and Exchange Commission (the “SEC”). Accordingly, certain information and footnote disclosures normally included in the annual consolidated financial statements prepared in accordance with U.S. GAAP have been condensed or omitted. In the opinion of management, the accompanying unaudited consolidated financial statements contain all adjustments necessary to present fairly the consolidated financial position of the Company as of May 2, 2020 and May 4, 2019 and the results of its consolidated operations for the thirteen weeks ended May 2, 2020 and May 4, 2019 and cash flows for the thirteen weeks ended May 2, 2020 and May 4, 2019 and stockholders’ equity for the thirteen weeks ended May 2, 2020 and May 4, 2019. The consolidated financial position as of February 1, 2020 was derived from audited financial statements. Due to the seasonal nature of the Company’s business, the results of operations for the thirteen weeks ended May 2, 2020 and May 4, 2019 are not necessarily indicative of operating results for a full fiscal year. These consolidated financial statements should be read in conjunction with the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the fiscal year ended February 1, 2020. In December 2019, there was an outbreak of a new strain of coronavirus (“COVID-19”) that began in Wuhan, China and has since spread to the other regions of the world. In March 2020, the World Health Organization declared COVID-19 a global pandemic and the President of the United States declared a national emergency. Federal, state, and local governments and private entities mandated various restrictions, including travel restrictions, restrictions on public gatherings, stay at home orders and advisories, and quarantining of people who may have been exposed to the virus. The COVID-19 pandemic has significantly negatively affected the global economy, significantly disrupted global supply chains, and created significant disruption of the financial and retail markets, including a significant disruption in consumer demand for children’s clothing and accessories. As such, the comparability of the Company's operating results has been affected by significant adverse impacts related to the COVID-19 pandemic. Terms that are commonly used in the Company’s notes to consolidated financial statements are defined as follows: •First Quarter 2020 — The thirteen weeks ended May 2, 2020 •First Quarter 2019 — The thirteen weeks ended May 4, 2019 •FASB — Financial Accounting Standards Board •SEC — U.S. Securities and Exchange Commission •U.S. GAAP — Generally Accepted Accounting Principles in the United States •FASB ASC — FASB Accounting Standards Codification, which serves as the source for authoritative U.S. GAAP, except that rules and interpretive releases by the SEC are also sources of authoritative U.S. GAAP for SEC registrants Consolidation The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. Intercompany balances and transactions have been eliminated. FASB ASC 810--Consolidation is considered when determining whether an entity is subject to consolidation. Fiscal Year The Company’s fiscal year is a 52-week or 53-week period ending on the Saturday on or nearest to January 31. Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements, and amounts of revenues and expenses reported during the period. Actual results could differ from the assumptions used and estimates made by management, which could have a material impact on the Company’s financial position or results of operations. Significant estimates inherent in the preparation of the consolidated financial statements include: reserves for the realizability of inventory; reserves for litigation and other contingencies; useful lives and impairments of long-lived assets; fair value measurements; accounting for income taxes and related uncertain tax positions; insurance reserves; valuation of stock-based compensation awards and related estimated forfeiture rates, among others. Reclassifications Certain reclassifications have been made to prior period financial statements to conform to the current period presentation. Inventories Inventories, which consist primarily of finished goods, are stated at the lower of cost or net realizable value, with cost determined on an average cost basis. The Company capitalizes certain supply chain costs in inventory and these costs are reflected within cost of sales as the inventories are sold. Inventory shrinkage is estimated in interim periods based upon the historical results of physical inventory counts in the context of current year facts and circumstances. The Company's estimated realizable value of its inventory as of May 2, 2020 reflects material adverse impacts associated with the COVID-19 pandemic business disruptions, which include the temporary closure of the Company's and its franchisees' stores, as well as significant declines in retail traffic. Impairment of Long-Lived Assets The Company periodically reviews its long-lived assets when events indicate that their carrying value may not be recoverable. Such events include historical trends or projected trend of cash flow losses or a future expectation that the Company will sell or dispose of an asset significantly before the end of its previously estimated useful life. In reviewing for impairment, the Company groups its long-lived assets at the lowest possible level for which identifiable cash flows are largely independent of the cash flows of other assets and liabilities. The Company reviews all stores that have reached comparable sales status, or sooner if circumstances should dictate, on at least an annual basis. The Company believes waiting this period of time allows a store to reach a maturity level where a more comprehensive analysis of financial performance can be performed. For each store that shows indications of impairment, the Company projects future cash flows over the remaining life of the lease, adjusted for lease payments, and compares the total undiscounted cash flows to the net book value of the related long-lived assets, including right-of-use (“ROU”) assets. If the undiscounted cash flows are less than the related net book value of the long-lived assets, they are written down to their fair market value. The Company primarily uses discounted future cash flows directly associated with those assets to determine fair market value of long-lived assets and ROU assets. In evaluating future cash flows, the Company considers external and internal factors. External factors comprise the local environment in which the store resides, including mall traffic and competition and their effect on sales trends, as well as macroeconomic factors, such as global pandemics. Internal factors include the Company’s ability to gauge the fashion taste of its customers, control variable costs such as cost of sales and payroll and, in certain cases, its ability to renegotiate lease costs. Asset impairment charges during the First Quarter 2020 were related to underperforming stores identified in our ongoing store portfolio evaluation primarily as a result of decreased net revenues and cash flow projections resulting from the COVID-19 disruption. Stock-based Compensation The Company generally grants time vesting stock awards (“Deferred Awards”) and performance-based stock awards ("Performance Awards") to employees at management levels. The Company also grants Deferred Awards to its non-employee directors. Deferred Awards are granted in the form of a defined number of restricted stock units that require each recipient to complete a service period. Deferred Awards generally vest ratably over three years, except for those granted to non-employee directors, which generally vest after one year. Performance Awards are granted in the form of restricted stock units which have performance criteria that must be achieved for the awards to vest (the “Target Shares”) in addition to a service period requirement. For Performance Awards issued during fiscal 2017 (the “2017 Performance Awards”), an employee may earn from 0% to 200% of their Target Shares based on the achievement of cumulative adjusted earnings per share achieved for the applicable performance period, which is generally three years, adjusted operating margin expansion achieved for the performance period, and adjusted return on invested capital ("adjusted ROIC") achieved as of the end of the performance period. The 2017 Performance Awards cliff vested after completion of the performance period. The fair value of the 2017 Performance Awards granted is based on the closing price of our common stock on the grant date. For Performance Awards issued during fiscal 2018 and 2019 (the “2018 and 2019 Performance Awards”), an employee may earn from 0% to 250% of their Target Shares based on cumulative adjusted earnings per share achieved for the applicable performance period, which is generally three years, adjusted operating margin expansion achieved for the performance period, adjusted ROIC achieved as of the end of the performance period, and the ranking of our adjusted ROIC relative to that of companies in our peer group as of the end of the performance period. The 2018 and 2019 Performance Awards cliff vest, if earned, after completion of the performance period. The fair value of the 2018 and 2019 Performance Awards granted is based on the closing price of our 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. Stock-based compensation expense, as it relates to Performance Awards, is also adjusted based on the Company’s estimate of adjusted earnings per share and adjusted operating margin expansion and adjusted ROIC and, as applicable, ranking of our adjusted ROIC relative to that of companies in our peer group as they occur. Deferred Compensation Plan The Company has a deferred compensation plan (the “Deferred Compensation Plan”), which is a nonqualified plan, for eligible senior level employees. Under the plan, participants may elect to defer up to 80% of his or her base salary and/or up to 100% of his or her bonus to be earned for the year following the year in which the deferral election is made. The Deferred Compensation Plan also permits members of the Board of Directors to elect to defer payment of all or a portion of their retainer and other fees to be earned for the year following the year in which a deferral election is made. In addition, eligible employees and directors of the Company may also elect to defer payment of any shares of Company stock that is earned with respect to stock-based awards. Directors may elect to have all or a certain portion of their fees earned for their service on the Board invested in shares of the Company’s common stock. Such elections are irrevocable. The Company is not required to contribute to the Deferred Compensation Plan, but at its sole discretion, can make additional contributions on behalf of the participants. Deferred amounts are not subject to forfeiture and are deemed invested among investment funds offered under the Deferred Compensation Plan, as directed by each participant. Payments of deferred amounts (as adjusted for earnings and losses) are payable following separation from service or at a date or dates elected by the participant at the time the deferral is elected. Payments of deferred amounts are generally made in either a lump sum or in annual installments over a period not exceeding 15 years. All deferred amounts are payable in the form in which they were made, except for board fees invested in shares of the Company’s common stock, which will be settled in shares of Company common stock. Earlier distributions are not permitted except in the case of an unforeseen hardship. The Company has established a rabbi trust that serves as an investment to shadow the Deferred Compensation Plan liability. The assets of the rabbi trust are general assets of the Company and, as such, would be subject to the claims of creditors in the event of bankruptcy or insolvency. Investments of the rabbi trust consist of mutual funds and Company common stock. The Deferred Compensation Plan liability, excluding Company common stock, is included within other long-term liabilities and changes in the balance, except those relating to payments, are recognized as compensation expense within selling, general, and administrative expenses. The value of the mutual funds is included in other assets and related earnings and losses are recognized as investment income or loss, which is included within selling, general, and administrative expenses. Company stock deferrals are included within the equity section of the Company’s consolidated balance sheet as treasury stock and as a deferred compensation liability. Deferred stock is recorded at fair market value at the time of deferral, and any subsequent changes in fair market value are not recognized. Fair Value Measurement and Financial Instruments- FASB ASC 820--Fair Value Measurement provides a single definition of fair value, together with a framework for measuring it, and requires additional disclosure about the use of fair value to measure assets and liabilities. This topic defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date and establishes a three-level hierarchy, which encourages an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The three levels of the hierarchy are defined as follows: •Level 1 - inputs to the valuation techniques that are quoted prices in active markets for identical assets or liabilities •Level 2 - inputs to the valuation techniques that are other than quoted prices but are observable for the assets or liabilities, either directly or indirectly •Level 3 - inputs to the valuation techniques that are unobservable for the assets or liabilities Our cash and cash equivalents, accounts receivable, assets of the Company’s Deferred Compensation Plan, accounts payable, and revolving loan are all short-term in nature. As such, their carrying amounts approximate fair value and fall within Level 1 of the fair value hierarchy. The Company stock included in the Deferred Compensation Plan is not subject to fair value measurement. Our derivative assets and liabilities include foreign exchange forward contracts that are measured at fair value using observable market inputs such as forward rates, our credit risk, and our counterparties’ credit risks. Based on these inputs, our derivative assets and liabilities are classified within Level 2 of the fair value hierarchy. Our assets measured at fair value on a nonrecurring basis include long-lived assets, such as intangible assets, fixed assets, and ROU assets. We review the carrying amounts of such assets when events indicate that their carrying amounts may not be recoverable. Any resulting asset impairment would require that the asset be recorded at its fair value. The resulting fair value measurements of the assets are considered to fall within Level 3 of the fair value hierarchy. Recently Issued Accounting Standards Adopted in Fiscal 2020 In August 2018, the FASB issued guidance related to the accounting for implementation costs incurred in a cloud computing arrangement that is a service contract. The guidance aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software and hosting arrangements that include an internal-use software license. We adopted this guidance in the First Quarter 2020. This adoption did not have a material impact on our consolidated financial statements. In August 2018, the FASB issued guidance related to disclosure requirements for fair value measurement. The amendments modify current fair value measurement disclosure requirements by removing, adding, or modifying certain fair value measurement disclosures. We adopted this guidance in the First Quarter 2020. This adoption did not have a material impact on our consolidated financial statements. In June 2016, the FASB issued guidance related to the accounting for financial instrument credit losses. The guidance provides more decision useful information about the expected credit losses on financial instruments by replacing the incurred loss impairment methodology under current GAAP with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information to inform credit loss estimates. We adopted this guidance in the First Quarter 2020. This adoption did not have a material impact on our consolidated financial statements. To Be Adopted After Fiscal 2020 In

REVENUES (Notes)

3 Months Ended

May 02, 2020

Revenues [Abstract]

Revenue from Contract with Customer [Text Block]

2. REVENUES

Revenues are recognized when control of the promised goods or services is transferred to our customers, in an amount that reflects the consideration we expect to be entitled to in exchange for those goods or services.

The following table presents our revenues disaggregated by geography:


	Thirteen Weeks Ended
	May 2, 2020		May 4, 2019
Net sales:	(In thousands)
South	$	97,936	$	147,064
Northeast	51,830		97,903
West	37,262		61,994
Midwest	37,233		54,648
International and other	30,946		50,773
Total net sales	$	255,207	$	412,382

The Company recognizes revenue, including shipping and handling fees billed to customers, upon purchase at the Company's retail stores or when received by the customer if the product was purchased via e-commerce, net of coupon redemptions and anticipated sales returns. The Company deferred approximately $15.1 million and $5.1 million as of May 2, 2020 and May 4, 2019, respectively, based upon estimated time of delivery, at which point control passes to the customer, and is recorded in accrued expenses and other current liabilities. Sales tax collected from customers is excluded from revenue.

For the sale of goods with a right of return, the Company recognizes revenue for the consideration it expects to be entitled to and calculates an allowance for estimated sales returns based upon the Company's sales return experience. Adjustments to the allowance for estimated sales returns in subsequent periods are generally not material based on historical data, thereby reducing the uncertainty inherent in such estimates. The allowance for estimated sales returns, which is recorded in accrued expenses and other current liabilities, was approximately $1.1 million and $1.6 million as of May 2, 2020 and May 4, 2019, respectively.

Our private label credit card is issued to our customers for use exclusively at The Children’s Place stores and online at www.childrensplace.com and www.gymboree.com, and credit is extended to such customers by a third-party financial institution on a non-recourse basis to us. The private label credit card includes multiple performance obligations for the Company, including marketing and promoting the program on behalf of the bank and the operation of the loyalty rewards program. Included in the agreement with the third-party financial institution was an upfront bonus paid to the Company. The upfront bonus is recognized as revenue and allocated between brand and reward obligations. As the license of the Company’s brand is the predominant item in the performance obligation, the amount allocated to the brand obligation is recognized on a straight-line basis over the initial term. The amount allocated to the reward obligation is recognized on a point-in-time basis as redemptions under the loyalty program occur.

In measuring revenue and determining the consideration the Company is entitled to as part of a contract with a customer, the Company takes into account the related elements of variable consideration, such as additional bonuses, including profit-sharing, over the life of the program. Similar to the upfront bonus, the usage-based royalties and bonuses are recognized as revenue and allocated between the brand and reward obligations. The amount allocated to the brand obligation is recognized on a straight-line basis over the initial term. The amount allocated to the reward obligation is recognized on a point-in-time basis as redemptions under the loyalty program occur. In addition, the annual profit-sharing amount is estimated and recognized quarterly within an annual period when earned. The additional bonuses are amortized over the contract term based on anticipated progress against future targets and level of risk associated with achieving the targets.

The Company has a points-based customer loyalty program, in which customers earn points based on purchases and other promotional activities. These points can be redeemed for coupons to discount future purchases. A contract liability is estimated based on the standalone selling price of benefits earned by customers through the program and the related redemption experience under the program. The value of each point earned is recorded as deferred revenue and is included within accrued expenses and other current liabilities. The total contract liabilities related to this program were $2.1 million and $3.8 million as of May 2, 2020 and May 4, 2019, respectively.

The Company’s policy with respect to gift cards is to record revenue as and when the gift cards are redeemed for merchandise. The Company recognizes gift card breakage income in proportion to the pattern of rights exercised by the customer when the Company expects to be entitled to breakage and the Company determines that it does not have a legal obligation to remit the value of the unredeemed gift card to the relevant jurisdiction as unclaimed or abandoned property and is recorded within net sales. Prior to their redemption, gift cards are recorded as a liability, included within accrued expenses and other current liabilities. The total contract liability related to gift cards issued was $14.9 million and $17.0 million as of May 2, 2020 and May 4, 2019, 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:


	Contract Liability
	(In thousands)
Balance at February 1, 2020	$	16,100
Gift cards sold	3,352
Gift cards redeemed	(3,834)
Gift card breakage	(677)
Balance at May 2, 2020	$	14,941

The Company has an international expansion program through territorial agreements with franchisees. The Company generates revenues from the franchisees from the sale of product and, in certain cases, sales royalties. The Company records net sales and cost of goods sold on the sale of product to franchisees when the franchisee takes ownership of the product. The Company records net sales for royalties when the applicable franchisee sells the product to their customers. Under certain agreements, the Company receives a fee from each franchisee for exclusive territorial rights and based on the opening of new stores. The Company records these territorial fees as deferred revenue and amortizes the fee into net sales over the life of the territorial agreement.

LEASES (Notes)

3 Months Ended

May 02, 2020

Lessee, Operating Leases [Text Block]

LEASES

We have operating leases for retail stores, corporate offices, distribution facilities, and certain equipment. Our leases have remaining lease terms of less than 1 year up to 10 years, some of which may include options to extend the leases for up to five years, and some of which may include options to early terminate the lease.

The lease liability is initially and subsequently measured at the present value of the unpaid lease payments at the lease commencement date. For operating leases, the ROU asset is initially and subsequently measured throughout the lease term at the carrying amount of the lease liability, plus initial direct costs, less any accrued lease payments and unamortized lease incentives. For finance leases, the ROU asset is initially measured at cost and subsequently amortized using the straight-line method generally from the lease commencement date to the earlier of the end of its useful life or the end of the lease term.

The discount rate is the rate implicit in the lease unless that rate cannot be readily determined. In that case, the Company is required to use its incremental borrowing rate. The discount rate for a lease is determined based on the information available at lease commencement. In general, the Company accounts for the underlying leased asset and applies a discount rate at the lease level. However, there are certain non-real estate leases for which the Company utilizes the portfolio method by aggregating similar leased assets based on the underlying lease term.

The Company has made an accounting policy election by class of underlying asset to not apply the recognition requirements of FASB ASC 842--Leases ("Topic 842") to leases with an initial term of 12 months or less. Leases with an initial lease term of 12 months or less are not recorded on the balance sheet. The Company recognizes lease expense for these leases on a straight-line basis over the lease term.

The Company has lease agreements with lease and non-lease components. The Company has elected a policy to account for lease and non-lease components as a single component for all asset classes.

In certain leases, the Company has the right to exercise lease renewal options. Renewal option periods are included in the measurement of lease ROU assets and lease liabilities where the exercise is reasonably certain to occur.

As of May 2, 2020, the Company's finance leases were not material to the consolidated balance sheets, consolidated statements of operations, or consolidated statements of cash flows.

We have certain lease agreements structured with both a fixed base rent and a contingent rent based on a percentage of sales over contractual levels, others with only contingent rent based on a percentage of sales, and some with a fixed base rent adjusted periodically for inflation or changes in fair market value of the underlying real estate. Contingent rent is recognized as sales occur. Our lease agreements do not contain any material residual value guarantees or material restrictive covenants.

We record all occupancy costs in cost of sales, except administrative office buildings, which are recorded in selling, general, and administrative expenses.

The following components of lease expense are included in the Company's consolidated statements of operations.


	Thirteen Weeks Ended		Thirteen Weeks Ended
	May 2, 2020		May 4, 2019
	(in thousands)		(in thousands)



Operating lease cost	$	40,152	$	38,731
Variable lease cost¹	11,133		15,937
Total lease cost	$	51,285	$	54,668

¹Includes short term leases with lease periods of less than 12 months.

As of May 2, 2020, the weighted-average remaining operating lease term was 4.5 years, and the weighted-average discount rate for operating leases was 5.0%.

Cash paid for amounts included in the measurement of operating lease liabilities in the First Quarter 2020 was approximately $11.8 million.

ROU assets obtained in exchange for new operating lease liabilities were approximately $37.8 million.

During the First Quarter 2020, the Company recorded ROU assets impairment of approximately $17.9 million.

As of May 2, 2020, the future minimum annual lease payments under operating lease agreements were as follows:


	May 2, 2020
	Operating Leases
	(in thousands)
Remainder of 2020	$	135,620
2021	112,628
2022	75,372
2023	45,371
2024	27,026
Thereafter	69,085
Total lease payments	$	465,102
Less: imputed interest	$	(32,800)
Present value of lease liabilities	$	432,302

INTANGIBLE ASSETS (Notes)

3 Months Ended

May 02, 2020

Intangible Assets Disclosure [Abstract]

Intangible Assets Disclosure [Text Block]

4. INTANGIBLE ASSETS

The Company acquired certain intellectual property and related assets (the “Gymboree Assets”) of Gymboree Group, Inc. and related entities, which included the worldwide rights to the names “Gymboree” and “Crazy 8” and other intellectual property, including trademarks, domain names, copyrights, and customer databases. These intangible assets, inclusive of acquisition costs, are recorded in the long-term assets section of the consolidated balance sheets.

The Company’s intangible assets includes both indefinite and finite assets. Intangible assets with indefinite lives consist primarily of trademarks and acquired trade names, which are tested for impairment annually or whenever circumstances indicate that a decline in value may have occurred. The Company estimates the fair value of these intangible assets based on an income approach using the relief-from-royalty method. The Company’s finite-lived intangible assets consist primarily of customer lists and other acquisition-related assets. Finite-lived intangible assets are amortized over their estimated useful economic lives and are reviewed for impairment when factors indicate that an impairment may have occurred. The Company recognizes an impairment charge when the estimated fair value of the intangible asset is less than the carrying value.

The Company’s intangible assets were as follows as of May 2, 2020:


		May 2, 2020
	Useful life	Gross amount		Accumulated amortization		Net amount
		(in thousands)
Gymboree tradename⁽¹⁾	Indefinite	$	69,951	$	—	$	69,951
Crazy 8 tradename⁽¹⁾	5 years	4,000		(861)		3,139
Customer databases⁽²⁾	3 years	3,000		(1,077)		1,923
Total intangibles, net		$	76,951	$	(1,938)	$	75,013

⁽¹⁾Included within Tradenames, net in the consolidated balance sheets.

⁽²⁾Included within Other assets in the consolidated balance sheets.

STOCKHOLDERS' EQUITY

3 Months Ended

May 02, 2020

Stockholders' Equity Note [Abstract]

Stockholders' Equity Note Disclosure [Text Block]

STOCKHOLDERS’ EQUITY

Share Repurchase Programs

In March 2018, the Board of Directors authorized a $250 million share repurchase program (the “2018 Share Repurchase Program”). At May 2, 2020, there was approximately $93.8 million remaining on the 2018 Share Repurchase Program. Under this program, the Company may repurchase shares on the open market at current market prices at the time of purchase or in privately negotiated transactions. The timing and actual number of shares repurchased under a program will depend on a variety of factors including price, corporate and regulatory requirements, and other market and business conditions. The Company may suspend or discontinue a program at any time and may thereafter reinstitute purchases, all without prior announcement. In March 2020, the Company temporarily suspended share repurchases due to the COVID-19 pandemic.

Pursuant to the Company’s practice, including due to restrictions imposed by the Company’s insider trading policy during black-out periods, the Company withholds and repurchases shares of vesting stock awards and makes payments to taxing authorities as required by law to satisfy the withholding tax requirements of all equity award recipients. The Company’s payment of the withholding taxes in exchange for the surrendered shares constitutes a purchase of its common stock. The Company also acquires shares of its common stock in conjunction with liabilities owed under the Company's Deferred Compensation Plan, which are held in treasury.

The following table summarizes the Company’s share repurchases:


	Thirteen Weeks Ended
	May 2, 2020				May 4, 2019
	Shares	Value		Shares	Value
	(In thousands)
Shares repurchases related to:
2018 Share Repurchase Program⁽¹⁾	262	$	14,559	344	$	33,319

Shares acquired and held in treasury under Deferred Compensation Plan	1.1	$	69	0.7	$	62

⁽¹⁾Inclusive of 0.2 million shares for approximately $15.3 million during First Quarter 2019 withheld to cover taxes in conjunction with the vesting of stock awards.

In accordance with the FASB ASC 505--Equity, the par value of the shares retired is charged against common stock and the remaining purchase price is allocated between additional paid-in capital and retained earnings. The portion charged against additional paid-in capital is determined using a pro-rata allocation based on total shares outstanding. Related to all shares retired during First Quarter 2020 and First Quarter 2019, approximately $10.2 million and $29.6 million, respectively, were charged to retained earnings.

Dividends

In March 2020, the Company announced it had temporarily suspended its dividend payments. During the First Quarter 2019, $9.1 million was charged to retained earnings, of which $8.9 million related to cash dividends paid and $0.2 million related to dividend share equivalents on unvested Deferred Awards and Performance Awards.

Future declarations of quarterly dividends and the establishment of future record and payment dates are subject to approval by the Company’s Board of Directors based on a number of factors, including business and market conditions, the Company’s future financial performance, and other investment priorities.

STOCK-BASED COMPENSATION

3 Months Ended

May 02, 2020

Share-based Payment Arrangement [Abstract]

Share-based Payment Arrangement [Text Block]

STOCK-BASED COMPENSATION

The following table summarizes the Company’s stock-based compensation expense:


	Thirteen Weeks Ended
	May 2, 2020		May 4, 2019
	(In thousands)
Deferred Awards	$	4,314	$	4,150
Performance Awards	(3,729)		3,609
Total stock-based compensation expense ⁽¹⁾	$	585	$	7,759

____________________________________________

⁽¹⁾During the First Quarter 2020 and the First Quarter 2019, approximately $0.1 million and $1.0 million, respectively, were included within cost of sales. All other stock-based compensation is included in selling, general, and administrative expenses.

The Company recognized a tax benefit related to stock-based compensation expense of approximately $0.2 million and $2.1 million during First Quarter 2020 and First Quarter 2019, respectively.

Changes in the Company’s Unvested Stock Awards during the First Quarter 2020

Deferred Awards


	Number of Shares	Weighted Average Grant Date Fair Value
	(In thousands)
Unvested Deferred Awards, beginning of period	377	$	97.88
Granted	17	63.03
Vested	(78)	99.97
Forfeited	(20)	108.77
Unvested Deferred Awards, end of period	296	$	94.56

Total unrecognized stock-based compensation expense related to unvested Deferred Awards approximated $6.9 million as of May 2, 2020, which will be recognized over a weighted average period of approximately 1.9 years.

Performance Awards


	Number of Shares ⁽¹⁾	Weighted Average Grant Date Fair Value
	(In thousands)
Unvested Performance Awards, beginning of period	342	$	99.97

Shares unearned (below target)	101	118.00
Vested shares	(3)	105.86
Forfeited	(8)	110.77
Unvested Performance Awards, end of period	432	$	103.95

____________________________________________

⁽¹⁾For those awards in which the performance period is complete, the number of unvested shares is based on actual shares that will vest upon completion of the service period.

For those awards in which the performance period is not yet complete, the number of unvested shares in the table above is based on the participants earning their Target Shares at 100%. However, the cumulative expense recognized reflects changes in estimated adjusted earnings per share, adjusted operating margin expansion, adjusted return on invested capital, and ranking of our adjusted return on invested capital relative to that of companies in our peer group as they occur. The Company does not have any unrecognized stock-based compensation expense related to unvested Performance Awards as of May 2, 2020.

NET INCOME (LOSS) PER COMMON SHARE

3 Months Ended

May 02, 2020

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

(LOSS) PER COMMON SHARE

The following table reconciles net income (loss) and share amounts utilized to calculate basic and diluted earnings per common share:


	Thirteen Weeks Ended
	May 2, 2020		May 4, 2019


	(In thousands)
Net income (loss)	$	(114,810)	$	4,490

Basic weighted average common shares	14,611		15,847
Dilutive effect of stock awards	—		260
Diluted weighted average common shares	14,611		16,107

PROPERTY AND EQUIPMENT

3 Months Ended

May 02, 2020

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

PROPERTY AND EQUIPMENT

Property and equipment, net consist of the following:


	May 2, 2020		February 1, 2020		May 4, 2019
	(In thousands)
Property and equipment:
Land and land improvements	$	3,403	$	3,403	$	3,403
Building and improvements	35,927		35,568		35,568
Material handling equipment	56,475		53,540		51,934
Leasehold improvements	270,988		285,955		299,735
Store fixtures and equipment	269,237		272,158		270,755
Capitalized software	287,918		265,610		256,343
Construction in progress	14,845		33,240		20,568
	938,793		949,474		938,306
Accumulated depreciation and amortization	(726,782)		(712,576)		(688,470)
Property and equipment, net	$	212,011	$	236,898	$	249,836

At May 2, 2020, the Company performed impairment testing on 920 stores with a total net book value of approximately $65.0 million. During the First Quarter 2020, the Company recorded asset impairment charges of $37.1 million, including approximately $19.2 million related to fixed assets and approximately $17.9 million related to ROU assets recorded in connection with Topic 842, primarily for 412 stores. These charges were related to underperforming stores identified in our ongoing store portfolio evaluation primarily as a result of decreased net revenues and cash flow projections resulting from the COVID-19 disruption.

At May 4, 2019, the Company performed impairment testing on 971 stores with a total net book value of approximately $72.0 million. During the First Quarter 2019, the Company recorded asset impairment charges of $0.3 million primarily for five stores, all of which were fully impaired.

CREDIT FACILITY

3 Months Ended

May 02, 2020

Debt Disclosure [Abstract]

Debt Disclosure [Text Block]

CREDIT FACILITY

The Company and certain of its subsidiaries maintain a credit agreement (the “Credit Agreement”) with Wells Fargo Bank, National Association (“Wells Fargo”), Bank of America, N.A., HSBC Business Credit (USA) Inc., and JPMorgan Chase Bank, N.A., as lenders (collectively, the “Lenders”) and Wells Fargo, as Administrative Agent, Collateral Agent, and Swing Line Lender.

The Credit Agreement, which expires in May 2024, consists of a $360 million asset based revolving credit facility, that was recently increased from $325 million as a result of finalizing an amendment with lenders on April 24, 2020 to secure the Company an additional $35 million available under the accordion feature for a period of one year, and including a $25 million Canadian sublimit, with a $50 million sublimit for standby and documentary letters of credit. Revolving credit loans outstanding under the Credit Agreement bear interest, at the Company’s option, at:

(i)the prime rate, plus a margin of 1.75% to 1.88% based on the amount of the Company’s average excess availability under the facility; or

(ii)the London InterBank Offered Rate, or “LIBOR”, for an interest period of one, two, three, or six months, as selected by the Company, plus a margin of 2.50% to 2.75% based on the amount of the Company’s average excess availability under the facility.

The Company is charged a fee of 0.25% on the unused portion of the commitments. Letter of credit fees range from 1.25% to 1.38% for commercial letters of credit and from 2.00% to 2.25% for standby letters of credit. Letter of credit fees are determined based on the amount of the Company's average excess availability under the facility. The amount available for loans and letters of credit under the Credit Agreement is determined by a borrowing base consisting of certain credit card receivables, certain trade and franchise receivables, certain inventory, and the fair market value of certain real estate, subject to certain reserves.

The outstanding obligations under the Credit Agreement may be accelerated upon the occurrence of certain events, including, among others, non-payment, breach of covenants, the institution of insolvency proceedings, defaults under other material indebtedness and a change of control, subject, in the case of certain defaults, to the expiration of applicable grace periods. The Company is not subject to any early termination fees.

The Credit Agreement contains covenants which include conditions on stock buybacks and the payment of cash dividends or similar payments. Credit extended under the Credit Agreement is secured by a first priority security interest in substantially all of the Company’s U.S. and Canadian assets excluding intellectual property, software, equipment, and fixtures.

The Company has capitalized an aggregate of approximately $5.3 million in deferred financing costs related to the Credit Agreement. The unamortized balance of deferred financing costs at May 2, 2020 was approximately $1.1 million. Unamortized deferred financing costs are amortized over the remaining term of the Credit Agreement.

The table below presents the components of the Company’s credit facility:


	May 2, 2020			February 1, 2020			May 4, 2019
	(In millions)
Credit facility maximum	$	360.0		$	325.0		$	250.0
Borrowing base	329.1			282.1			250.0

Outstanding borrowings	234.6			170.8			153.1

Letters of credit outstanding—standby	6.2			6.2			6.3
Utilization of credit facility at end of period	240.7			177.0			159.4

Availability ⁽¹⁾	$	88.4		$	105.1		$	90.6

Interest rate at end of period	3.4		%	3.4		%	3.8		%


	First Quarter 2020			Fiscal 2019			First Quarter 2019
Average end of day loan balance during the period	$	237.2		$	192.0		$	141.8
Highest end of day loan balance during the period	272.2			262.5			196.8
Average interest rate	3.1		%	4.0		%	4.6		%

____________________________________________

(1)The sublimit availability for the letters of credit were $43.8 million at

LEGAL AND REGULATORY MATTERS	3 Months Ended
LEGAL AND REGULATORY MATTERS	May 02, 2020
LEGAL AND REGULATORY MATTERS [Abstract]
Legal Matters and Contingencies [Text Block]	LEGAL AND REGULATORY MATTERS The Company is a defendant in Rael v. The Children’s Place, Inc., a purported class action, pending in the U.S. District Court, Southern District of California. In the initial complaint filed in February 2016, the plaintiff alleged that the Company falsely advertised discount prices in violation of California’s Unfair Competition Law, False Advertising Law, and Consumer Legal Remedies Act. The plaintiff filed an amended complaint in April 2016, adding allegations of violations of other state consumer protection laws. In August 2016, the plaintiff filed a second amended complaint, adding an additional plaintiff and removing the other state law claims. The plaintiffs’ second amended complaint seeks to represent a class of California purchasers and seeks, among other items, injunctive relief, damages, and attorneys’ fees and costs. The Company engaged in mediation proceedings with the plaintiffs in December 2016 and April 2017. The parties reached an agreement in principle in April 2017, and signed a definitive settlement agreement in November 2017, to settle the matter on a class basis with all individuals in the U.S. who made a qualifying purchase at The Children’s Place from February 11, 2012 through the date of preliminary approval by the court of the settlement. The settlement is subject to court approval and provides for merchandise vouchers for class members who submit valid claims, as well as payment of legal fees and expenses and claims administration expenses. The court stayed the matter, pending an appellate court ruling in another lawsuit to which the Company is not a party, from April 2, 2018 through June 17, 2019. On January 28, 2020, the court entered an order granting preliminary approval of the settlement. The settlement is also subject to the court’s final approval and the final fairness hearing is scheduled for July 31, 2020. The settlement, if finally approved by the court, will result in the dismissal of all claims through the date of the court’s preliminary approval of the settlement. However, if the settlement is ultimately rejected by the court, the parties will likely return to litigation, and in such event, no assurance can be given as to the ultimate outcome of this matter. In connection with the proposed settlement, the Company recorded a reserve for $5.0 million in its consolidated financial statements in the first quarter of 2017. The Company is also involved in various legal proceedings arising in the normal course of business. In the opinion of management, any ultimate liability arising out of these proceedings will not have a material adverse effect on the Company's financial position, results of operations, or cash flows.

INCOME TAXES	3 Months Ended
INCOME TAXES	May 02, 2020
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	INCOME TAXES The Company computes income taxes using the liability method. This method requires recognition of deferred tax assets and liabilities, measured by enacted rates, attributable to temporary differences between the financial statement and income tax basis of assets and liabilities. The Company’s deferred tax assets and liabilities are comprised largely of differences relating to depreciation, rent expense, inventory, stock-based compensation, and various accruals and reserves. On March 27, 2020, the Coronavirus Aid, Relief and Economic Security Act, ("CARES Act") was signed into law. The CARES Act includes changes that may benefit the Company such as a five-year net operating loss carryback, changes in the deductibility of interest expense, and accelerated depreciation on certain store leasehold improvements. The CARES Act also allows for the deferral of employer FICA taxes and an employee retention credit. The Company’s effective tax rate for the First Quarter 2020 was a benefit of 34.4% compared to a benefit of 35.0% during the First Quarter 2019. The First Quarter 2020 benefit was primarily driven by a favorable benefit due to the enactment of the CARES Act. The First Quarter 2019 benefit was primarily driven by an excess tax benefit related to the vesting of equity shares, which caused a benefit for income taxes in the quarter. The Company recognizes accrued interest and penalties related to unrecognized tax benefits in provision for income taxes. The total amount of unrecognized tax benefits as of May 2, 2020, February 1, 2020, and May 4, 2019 were $6.8 million, $6.8 million, and $5.0 million, respectively, and is included within non-current liabilities. The Company recognized less than $0.1 million in each of the First Quarter 2020 and the First Quarter 2019, respectively, of additional interest expense related to its unrecognized tax benefits. The Company is subject to tax in the United States and foreign jurisdictions, including Canada and Hong Kong. The Company, joined by its domestic subsidiaries, files a consolidated income tax return for federal income tax purposes. The Company, with certain exceptions, is no longer subject to income tax examinations by U.S. federal, state and local, or foreign tax authorities for tax years 2013 and prior. Management believes that an adequate provision has been made for any adjustments that may result from tax examinations; however, the outcome of tax audits cannot be predicted with certainty. If any issues addressed in the Company's tax audits are resolved in a manner not consistent with management's expectations, the Company could be required to adjust its provision for income tax in the period such resolution occurs.

DERIVATIVE INSTRUMENTS (Notes)	3 Months Ended
DERIVATIVE INSTRUMENTS (Notes)	May 02, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities Disclosure [Text Block]	DERIVATIVE INSTRUMENTS The Company is exposed to gains and losses resulting from fluctuations in foreign currency exchange rates attributable to inventory purchases denominated in a foreign currency. Specifically, our Canadian subsidiary’s functional currency is the Canadian dollar but purchases inventory from suppliers in U.S. dollars. In order to mitigate the variability of cash flows associated with certain of these forecasted inventory purchases, we enter into foreign exchange forward contracts. These contracts typically mature within 12 months. We do not use forward contracts to engage in currency speculation, and we do not enter into derivative financial instruments for trading purposes. The Company accounts for all of its derivatives and hedging activity under FASB ASC 815--Derivatives and Hedging. Under the Company’s risk management policy and in accordance with guidance under the topic, in order to qualify for hedge accounting treatment, a derivative must be considered highly effective at offsetting changes in either the hedged item’s cash flows or fair value. Additionally, the hedge relationship must be documented to include the risk management objective and strategy, the hedging instrument, the hedged item, the risk exposure, and how hedge effectiveness will be assessed prospectively and retrospectively. The Company formally measures effectiveness of its hedging relationships both at the hedge inception and on an ongoing basis. The Company would discontinue hedge accounting under a foreign exchange forward contract prospectively: (i) if management determines that the derivative is no longer highly effective in offsetting changes in the cash flows of a hedged item, (ii) when the derivative expires or is terminated, (iii) if the forecasted transaction being hedged by the derivative is no longer probable of occurring, or (iv) if management determines that designation of the derivative as a hedge instrument is no longer appropriate. All derivative instruments are presented at gross fair value on the consolidated balance sheets within either prepaid expenses and other current assets or accrued expenses and other current liabilities. As of May 2, 2020, the Company had foreign exchange forward contracts with an aggregate notional amount of $2.7 million, and the fair value of the derivative instruments was an asset of $1.4 million. As these foreign exchange forward contracts are measured at fair value using observable market inputs such as forward rates, the Company's credit risk, and our counterparties’ credit risks, they are classified within Level 2 of the fair value hierarchy. Cash settlements related to these forward contracts are recorded within cash flows from operating activities within the consolidated statements of cash flows. For derivative instruments that are designated and qualify as cash flow hedges, the effective portion of the gain or loss on the derivative is reported as a component of other comprehensive income (“OCI”) and reclassified into earnings within cost of sales (exclusive of depreciation and amortization) in the same period or periods during which the hedged transaction affects earnings. Gains and losses on the derivative representing hedge ineffectiveness are recognized in earnings within selling, general, and administrative expenses, consistent with where the Company records realized and unrealized foreign currency gains and losses on transactions in foreign denominated currencies. There were no losses related to hedge ineffectiveness during Year-To-Date 2020. Assuming May 2, 2020 exchange rates remain constant, $0.9 million of gains, net of tax, related to hedges of these transactions are expected to be reclassified from OCI into earnings over the next 12 months. Changes in fair value associated with derivatives that are not designated and qualified as cash flow hedges are recognized as earnings within selling, general, and administrative expenses. The Company enters into foreign exchange forward contracts with major banks and has risk exposure in the event of nonperformance by either party. However, based on our assessment, the Company believes that obligations under the contracts will be fully satisfied. Accordingly, there was no requirement to post collateral or other security to support the contracts as of May 2, 2020.

SEGMENT INFORMATION

3 Months Ended

May 02, 2020

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

SEGMENT INFORMATION

In accordance with FASB ASC 280--Segment Reporting, the Company reports segment data based on geography: The Children’s Place U.S. and The Children’s Place International. Each segment includes e-commerce businesses located at www.childrensplace.com and www.gymboree.com. Included in The Children’s Place U.S. segment are the Company’s U.S. and Puerto Rico-based stores and revenue from the Company’s U.S.-based wholesale business. Included in The Children’s Place International segment are the Company's Canadian-based stores, revenue from the Company’s Canadian wholesale business, and revenue from international franchisees. The Company measures its segment profitability based on operating income, defined as income before interest and taxes. Net sales and direct costs are recorded by each segment. Certain inventory procurement functions such as production and design as well as corporate overhead, including executive management, finance, real estate, human resources, legal, and information technology services are managed by The Children’s Place U.S. segment. Expenses related to these functions, including depreciation and amortization, are allocated to The Children’s Place International segment based primarily on net sales. The assets related to these functions are not allocated. The Company periodically reviews these allocations and adjusts them based upon changes in business circumstances. Net sales to external customers are derived from merchandise sales, and the Company has no major customers that account for more than 10% of its net sales. As of May 2, 2020, The Children’s Place U.S. had 800 stores and The Children’s Place International had 120 stores. As of May 4, 2019, The Children’s Place U.S. had 849 stores and The Children’s Place International had 122 stores.

The following tables provide segment level financial information:


	Thirteen Weeks Ended
	May 2, 2020			May 4, 2019
	(In thousands)
Net sales ⁽¹⁾:
The Children’s Place U.S.	$	234,948		$	374,657
The Children’s Place International ⁽²⁾	20,259			37,725
Total net sales	$	255,207		$	412,382








Operating income (loss) ⁽¹⁾:
The Children’s Place U.S.	$	(159,336)		$	4,161
The Children’s Place International	(13,807)			877
Total operating income (loss)	$	(173,143)		$	5,038
Operating income (loss) as a percent of net sales⁽¹⁾:
The Children’s Place U.S.	(67.8)		%	1.1		%
The Children’s Place International	(68.2)		%	2.3		%
Total operating income (loss) as a percent of net sales	(67.8)		%	1.2		%
Depreciation and amortization:
The Children’s Place U.S.	$	16,186		$	16,709
The Children’s Place International	1,702			1,875
Total depreciation and amortization	$	17,888		$	18,584
Capital expenditures:
The Children’s Place U.S.	$	5,200		$	10,800
The Children’s Place International	533			209
Total capital expenditures	$	5,733		$	11,009

___________________________________________

⁽¹⁾Net sales and operating income (loss) were significantly impacted by the COVID-19 pandemic.

⁽²⁾Net sales from The Children's Place International are primarily derived from revenues from Canadian operations.


	May 2, 2020		February 1, 2020		May 4, 2019
Total assets:	(In thousands)
The Children’s Place U.S.	$	1,097,544	$	1,080,665	$	1,183,611
The Children’s Place International	87,392		100,732		102,343
Total assets	$	1,184,936	$	1,181,397	$	1,285,954

BASIS OF PRESENTATION (Policies)	3 Months Ended
BASIS OF PRESENTATION (Policies)	May 04, 2019
Accounting Policies [Abstract]
Consolidation, Policy [Policy Text Block]	Consolidation The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. Intercompany balances and transactions have been eliminated. FASB ASC 810--Consolidation is considered when determining whether an entity is subject to consolidation.
Fiscal Period, Policy [Policy Text Block]	Fiscal YearThe Company’s fiscal year is a 52-week or 53-week period ending on the Saturday on or nearest to January 31.
Use of Estimates, Policy [Policy Text Block]	Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements, and amounts of revenues and expenses reported during the period. Actual results could differ from the assumptions used and estimates made by management, which could have a material impact on the Company’s financial position or results of operations. Significant estimates inherent in the preparation of the consolidated financial statements include: reserves for the realizability of inventory; reserves for litigation and other contingencies; useful lives and impairments of long-lived assets; fair value measurements; accounting for income taxes and related uncertain tax positions; insurance reserves; valuation of stock-based compensation awards and related estimated forfeiture rates, among others.
Inventory, Policy [Policy Text Block]	Inventories Inventories, which consist primarily of finished goods, are stated at the lower of cost or net realizable value, with cost determined on an average cost basis. The Company capitalizes certain supply chain costs in inventory and these costs are reflected within cost of sales as the inventories are sold. Inventory shrinkage is estimated in interim periods based upon the historical results of physical inventory counts in the context of current year facts and circumstances. The Company's estimated realizable value of its inventory as of May 2, 2020 reflects material adverse impacts associated with the COVID-19 pandemic business disruptions, which include the temporary closure of the Company's and its franchisees' stores, as well as significant declines in retail traffic.
Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block]	Impairment of Long-Lived Assets The Company periodically reviews its long-lived assets when events indicate that their carrying value may not be recoverable. Such events include historical trends or projected trend of cash flow losses or a future expectation that the Company will sell or dispose of an asset significantly before the end of its previously estimated useful life. In reviewing for impairment, the Company groups its long-lived assets at the lowest possible level for which identifiable cash flows are largely independent of the cash flows of other assets and liabilities. The Company reviews all stores that have reached comparable sales status, or sooner if circumstances should dictate, on at least an annual basis. The Company believes waiting this period of time allows a store to reach a maturity level where a more comprehensive analysis of financial performance can be performed. For each store that shows indications of impairment, the Company projects future cash flows over the remaining life of the lease, adjusted for lease payments, and compares the total undiscounted cash flows to the net book value of the related long-lived assets, including right-of-use (“ROU”) assets. If the undiscounted cash flows are less than the related net book value of the long-lived assets, they are written down to their fair market value. The Company primarily uses discounted future cash flows directly associated with those assets to determine fair market value of long-lived assets and ROU assets. In evaluating future cash flows, the Company considers external and internal factors. External factors comprise the local environment in which the store resides, including mall traffic and competition and their effect on sales trends, as well as macroeconomic factors, such as global pandemics. Internal factors include the Company’s ability to gauge the fashion taste of its customers, control variable costs such as cost of sales and payroll and, in certain cases, its ability to renegotiate lease costs. Asset impairment charges during the First Quarter 2020 were related to underperforming stores identified in our ongoing store portfolio evaluation primarily as a result of decreased net revenues and cash flow projections resulting from the COVID-19 disruption.
Share-based Payment Arrangement [Policy Text Block]	Stock-based Compensation The Company generally grants time vesting stock awards (“Deferred Awards”) and performance-based stock awards ("Performance Awards") to employees at management levels. The Company also grants Deferred Awards to its non-employee directors. Deferred Awards are granted in the form of a defined number of restricted stock units that require each recipient to complete a service period. Deferred Awards generally vest ratably over three years, except for those granted to non-employee directors, which generally vest after one year. Performance Awards are granted in the form of restricted stock units which have performance criteria that must be achieved for the awards to vest (the “Target Shares”) in addition to a service period requirement. For Performance Awards issued during fiscal 2017 (the “2017 Performance Awards”), an employee may earn from 0% to 200% of their Target Shares based on the achievement of cumulative adjusted earnings per share achieved for the applicable performance period, which is generally three years, adjusted operating margin expansion achieved for the performance period, and adjusted return on invested capital ("adjusted ROIC") achieved as of the end of the performance period. The 2017 Performance Awards cliff vested after completion of the performance period. The fair value of the 2017 Performance Awards granted is based on the closing price of our common stock on the grant date. For Performance Awards issued during fiscal 2018 and 2019 (the “2018 and 2019 Performance Awards”), an employee may earn from 0% to 250% of their Target Shares based on cumulative adjusted earnings per share achieved for the applicable performance period, which is generally three years, adjusted operating margin expansion achieved for the performance period, adjusted ROIC achieved as of the end of the performance period, and the ranking of our adjusted ROIC relative to that of companies in our peer group as of the end of the performance period. The 2018 and 2019 Performance Awards cliff vest, if earned, after completion of the performance period. The fair value of the 2018 and 2019 Performance Awards granted is based on the closing price of our 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. Stock-based compensation expense, as it relates to Performance Awards, is also adjusted based on the Company’s estimate of adjusted earnings per share and adjusted operating margin expansion and adjusted ROIC and, as applicable, ranking of our adjusted ROIC relative to that of companies in our peer group as they occur.
Deferred Compensation Arrangements Policy Text Block	Deferred Compensation Plan The Company has a deferred compensation plan (the “Deferred Compensation Plan”), which is a nonqualified plan, for eligible senior level employees. Under the plan, participants may elect to defer up to 80% of his or her base salary and/or up to 100% of his or her bonus to be earned for the year following the year in which the deferral election is made. The Deferred Compensation Plan also permits members of the Board of Directors to elect to defer payment of all or a portion of their retainer and other fees to be earned for the year following the year in which a deferral election is made. In addition, eligible employees and directors of the Company may also elect to defer payment of any shares of Company stock that is earned with respect to stock-based awards. Directors may elect to have all or a certain portion of their fees earned for their service on the Board invested in shares of the Company’s common stock. Such elections are irrevocable. The Company is not required to contribute to the Deferred Compensation Plan, but at its sole discretion, can make additional contributions on behalf of the participants. Deferred amounts are not subject to forfeiture and are deemed invested among investment funds offered under the Deferred Compensation Plan, as directed by each participant. Payments of deferred amounts (as adjusted for earnings and losses) are payable following separation from service or at a date or dates elected by the participant at the time the deferral is elected. Payments of deferred amounts are generally made in either a lump sum or in annual installments over a period not exceeding 15 years. All deferred amounts are payable in the form in which they were made, except for board fees invested in shares of the Company’s common stock, which will be settled in shares of Company common stock. Earlier distributions are not permitted except in the case of an unforeseen hardship. The Company has established a rabbi trust that serves as an investment to shadow the Deferred Compensation Plan liability. The assets of the rabbi trust are general assets of the Company and, as such, would be subject to the claims of creditors in the event of bankruptcy or insolvency. Investments of the rabbi trust consist of mutual funds and Company common stock. The Deferred Compensation Plan liability, excluding Company common stock, is included within other long-term liabilities and changes in the balance, except those relating to payments, are recognized as compensation expense within selling, general, and administrative expenses. The value of the mutual funds is included in other assets and related earnings and losses are recognized as investment income or loss, which is included within selling, general, and administrative expenses. Company stock deferrals are included within the equity section of the Company’s consolidated balance sheet as treasury stock and as a deferred compensation liability. Deferred stock is recorded at fair market value at the time of deferral, and any subsequent changes in fair market value are not recognized.

REVENUES (Tables)

3 Months Ended

May 02, 2020

Disaggregation of Revenue [Table Text Block]

The following table presents our revenues disaggregated by geography:


	Thirteen Weeks Ended
	May 2, 2020		May 4, 2019
Net sales:	(In thousands)
South	$	97,936	$	147,064
Northeast	51,830		97,903
West	37,262		61,994
Midwest	37,233		54,648
International and other	30,946		50,773
Total net sales	$	255,207	$	412,382

Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Table Text Block]

The following table provides the reconciliation of the contract liability related to gift cards:


	Contract Liability
	(In thousands)
Balance at February 1, 2020	$	16,100
Gift cards sold	3,352
Gift cards redeemed	(3,834)
Gift card breakage	(677)
Balance at May 2, 2020	$	14,941

STOCKHOLDERS' EQUITY Share Repurchase (Tables)

3 Months Ended

May 02, 2020

Stockholders' Equity Attributable to Parent [Abstract]

Schedule of Repurchase Agreements [Table Text Block]

The following table summarizes the Company’s share repurchases:


	Thirteen Weeks Ended
	May 2, 2020				May 4, 2019
	Shares	Value		Shares	Value
	(In thousands)
Shares repurchases related to:
2018 Share Repurchase Program⁽¹⁾	262	$	14,559	344	$	33,319

Shares acquired and held in treasury under Deferred Compensation Plan	1.1	$	69	0.7	$	62

STOCK-BASED COMPENSATION (Tables)

3 Months Ended

May 02, 2020

Share-based Payment Arrangement [Abstract]

Share-based Payment Arrangement, Cost by Plan [Table Text Block]


	Thirteen Weeks Ended
	May 2, 2020		May 4, 2019
	(In thousands)
Deferred Awards	$	4,314	$	4,150
Performance Awards	(3,729)		3,609
Total stock-based compensation expense ⁽¹⁾	$	585	$	7,759

Share-based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity [Table Text Block]


	Number of Shares	Weighted Average Grant Date Fair Value
	(In thousands)
Unvested Deferred Awards, beginning of period	377	$	97.88
Granted	17	63.03
Vested	(78)	99.97
Forfeited	(20)	108.77
Unvested Deferred Awards, end of period	296	$	94.56

Schedule of Nonvested Performance-based Units Activity [Table Text Block]


	Number of Shares ⁽¹⁾	Weighted Average Grant Date Fair Value
	(In thousands)
Unvested Performance Awards, beginning of period	342	$	99.97

Shares unearned (below target)	101	118.00
Vested shares	(3)	105.86
Forfeited	(8)	110.77
Unvested Performance Awards, end of period	432	$	103.95

NET INCOME (LOSS) PER COMMON SHARE (Tables)

3 Months Ended

May 02, 2020

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]


	Thirteen Weeks Ended
	May 2, 2020		May 4, 2019


	(In thousands)
Net income (loss)	$	(114,810)	$	4,490

Basic weighted average common shares	14,611		15,847
Dilutive effect of stock awards	—		260
Diluted weighted average common shares	14,611		16,107

PROPERTY AND EQUIPMENT (Tables)

3 Months Ended

May 02, 2020

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment [Table Text Block]


	May 2, 2020		February 1, 2020		May 4, 2019
	(In thousands)
Property and equipment:
Land and land improvements	$	3,403	$	3,403	$	3,403
Building and improvements	35,927		35,568		35,568
Material handling equipment	56,475		53,540		51,934
Leasehold improvements	270,988		285,955		299,735
Store fixtures and equipment	269,237		272,158		270,755
Capitalized software	287,918		265,610		256,343
Construction in progress	14,845		33,240		20,568
	938,793		949,474		938,306
Accumulated depreciation and amortization	(726,782)		(712,576)		(688,470)
Property and equipment, net	$	212,011	$	236,898	$	249,836

CREDIT FACILITY (Tables)

3 Months Ended

May 02, 2020

Debt Disclosure [Abstract]

Schedule of Line of Credit Facilities [Table Text Block]


	May 2, 2020			February 1, 2020			May 4, 2019
	(In millions)
Credit facility maximum	$	360.0		$	325.0		$	250.0
Borrowing base	329.1			282.1			250.0

Outstanding borrowings	234.6			170.8			153.1

Letters of credit outstanding—standby	6.2			6.2			6.3
Utilization of credit facility at end of period	240.7			177.0			159.4

Availability ⁽¹⁾	$	88.4		$	105.1		$	90.6

Interest rate at end of period	3.4		%	3.4		%	3.8		%


	First Quarter 2020			Fiscal 2019			First Quarter 2019
Average end of day loan balance during the period	$	237.2		$	192.0		$	141.8
Highest end of day loan balance during the period	272.2			262.5			196.8
Average interest rate	3.1		%	4.0		%	4.6		%

____________________________________________

⁽¹⁾The sublimit availability for the letters of credit were $43.8 million at May 2, 2020 and February 1, 2020, respectively, and $43.7 million at May 4, 2019.

SEGMENT INFORMATION (Tables)

3 Months Ended

May 02, 2020

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment [Table Text Block]


	Thirteen Weeks Ended
	May 2, 2020			May 4, 2019
	(In thousands)
Net sales ⁽¹⁾:
The Children’s Place U.S.	$	234,948		$	374,657
The Children’s Place International ⁽²⁾	20,259			37,725
Total net sales	$	255,207		$	412,382








Operating income (loss) ⁽¹⁾:
The Children’s Place U.S.	$	(159,336)		$	4,161
The Children’s Place International	(13,807)			877
Total operating income (loss)	$	(173,143)		$	5,038
Operating income (loss) as a percent of net sales⁽¹⁾:
The Children’s Place U.S.	(67.8)		%	1.1		%
The Children’s Place International	(68.2)		%	2.3		%
Total operating income (loss) as a percent of net sales	(67.8)		%	1.2		%
Depreciation and amortization:
The Children’s Place U.S.	$	16,186		$	16,709
The Children’s Place International	1,702			1,875
Total depreciation and amortization	$	17,888		$	18,584
Capital expenditures:
The Children’s Place U.S.	$	5,200		$	10,800
The Children’s Place International	533			209
Total capital expenditures	$	5,733		$	11,009

___________________________________________

⁽¹⁾Net sales and operating income (loss) were significantly impacted by the COVID-19 pandemic.

⁽²⁾Net sales from The Children's Place International are primarily derived from revenues from Canadian operations.


	May 2, 2020		February 1, 2020		May 4, 2019
Total assets:	(In thousands)
The Children’s Place U.S.	$	1,097,544	$	1,080,665	$	1,183,611
The Children’s Place International	87,392		100,732		102,343
Total assets	$	1,184,936	$	1,181,397	$	1,285,954

BASIS OF PRESENTATION (Details) - USD ($) $ in Thousands	3 Months Ended
BASIS OF PRESENTATION (Details) - USD ($) $ in Thousands	May 04, 2019	May 05, 2018	May 02, 2020	Feb. 01, 2020
Accounting Policies [Abstract]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	1 year	3 years
Deferred Compensation Arrangements [Abstract]
Deferred Compensation Arrangements Maximum Percentage of Base Salary	80.00%
Deferred Compensation Arrangements Maximum Percentage of Bonus	100.00%
Common Stock Issued, Employee Trust, Deferred	$ (2,747)		$ (3,025)	$ (2,956)

REVENUES (Details) - USD ($) $ in Millions	May 02, 2020	May 04, 2019
Deferred Revenue, Current	$ 15.1	$ 5.1
Deferred Revenue	1.1	1.6
Gift Card Liability, Current	$ 14.9	$ 17.0

STOCKHOLDERS' EQUITY (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	May 02, 2020	May 04, 2019	Feb. 01, 2020
Equity, Class of Treasury Stock [Line Items]
Payment, Tax Withholding, Share-based Payment Arrangement	$ 14,559	$ 33,319
Share-based Payment Arrangement, Expense	$ 585	$ 7,759
Share-based Payment Arrangement, Shares Withheld for Tax Withholding Obligation	262,000	344,000
Treasury Stock, Shares, Acquired	1,100	700
Treasury Stock, Value, Acquired, Cost Method	$ 69	$ 62
Treasury Stock, Shares	52,000	48,000	51,000
Treasury Stock, Value	$ 3,025	$ 2,747	$ 2,956
Common Stock, Dividends, Per Share, Cash Paid	$ 0	$ 0.56
2015 $250M Share Repurchase Program [Member] [Domain] [Domain] [Domain]
Equity, Class of Treasury Stock [Line Items]
Stock Repurchase Program, Remaining Authorized Repurchase Amount	$ 93,800
Retained Earnings [Member]
Equity, Class of Treasury Stock [Line Items]
Stock Repurchased and Retired During Period, Value	10,200	$ 29,600
Dividends		9,100
Dividends, Common Stock, Cash		8,900
Dividend sun vested shares		200
Restricted Stock Units (RSUs) [Member]
Equity, Class of Treasury Stock [Line Items]
Share-based Payment Arrangement, Expense	4,314	4,150
Performance Awards Member
Equity, Class of Treasury Stock [Line Items]
Share-based Payment Arrangement, Expense	$ (3,729)	$ 3,609

STOCK-BASED COMPENSATION (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	May 02, 2020	May 04, 2019	May 05, 2018	Feb. 01, 2020
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period		1 year	3 years
Share-based Payment Arrangement, Expense	$ 585	$ 7,759
Share-based Payment Arrangement, Expense, Tax Benefit	200	2,100
Cost of Sales [Member]
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share-based Payment Arrangement, Expense	$ 100	1,000
Performance Awards Member
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period	8
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number	432			342
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value	$ 103.95			$ 99.97
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeitures, Weighted Average Grant Date Fair Value	$ 110.77
Share-based Payment Arrangement, Expense	$ (3,729)	$ 3,609
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period	3
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Weighted Average Grant Date Fair Value	$ 105.86
Deferred and Restricted Stock (Deferred Awards) Member
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period	20
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount	$ 6,900
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number	296			377
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value	$ 94.56			$ 97.88
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeitures, Weighted Average Grant Date Fair Value	$ 108.77
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition	1 year 10 months 24 days
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	17
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value	$ 63.03
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period	78
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Weighted Average Grant Date Fair Value	$ 99.97

STOCK-BASED COMPENSATION (Details 2) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	May 02, 2020	May 04, 2019	May 05, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Payment Arrangement, Expense	$ 585	$ 7,759
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period		1 year	3 years
Cost of Sales [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Payment Arrangement, Expense	100	$ 1,000
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Payment Arrangement, Expense	4,314	4,150
Performance Awards Member
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Payment Arrangement, Expense	$ (3,729)	$ 3,609
Share-based Compensation Arrangement By Share-based Payment Award Percentage Of Target Shares Which Can Be Earned		100.00%
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number	342
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period	(3)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period	(8)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number	432
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Additional Disclosures [Abstract]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value	$ 99.97
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Weighted Average Grant Date Fair Value	105.86
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeitures, Weighted Average Grant Date Fair Value	110.77
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value	$ 103.95

NET INCOME (LOSS) PER COMMON SHARE (Details) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	May 02, 2020	May 04, 2019
Earnings Per Share, Basic and Diluted [Abstract]
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	$ (114,810)	$ 4,490
Weighted Average Number of Shares Outstanding, Basic	14,611	15,847
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements	0	260
Weighted Average Number of Shares Outstanding, Diluted	14,611	16,107

- Definition

The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.

+ References

+ Details

PROPERTY AND EQUIPMENT (Details)	3 Months Ended
PROPERTY AND EQUIPMENT (Details)	May 02, 2020 USD ($)	May 04, 2019 USD ($)	Feb. 01, 2020 USD ($)
Property, Plant and Equipment [Line Items]
Net book value	$ 65,000,000.0	$ 72,000,000.0
Impairment of Long-Lived Assets Held-for-use	$ 37,091,000	348,000
Number of Underperforming Stores	412
Property, Plant and Equipment, Gross	$ 938,793,000	938,306,000	$ 949,474,000
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	(726,782,000)	(688,470,000)	(712,576,000)
Property, Plant and Equipment, Net	212,011,000	249,836,000	236,898,000
Land and Land Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	3,403,000	3,403,000	3,403,000
Building and Building Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	35,927,000	35,568,000	35,568,000
Material handling equipment [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	56,475,000	51,934,000	53,540,000
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	270,988,000	299,735,000	285,955,000
Store fixtures and equipment [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	269,237,000	270,755,000	272,158,000
Computer Software, Intangible Asset [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	287,918,000	256,343,000	265,610,000
Construction in Progress [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 14,845,000	$ 20,568,000	$ 33,240,000
Number Of Stores Tested For Impairment [Member]
Property, Plant and Equipment [Line Items]
Number of Stores	920	971

CREDIT FACILITY (Details) - USD ($)	3 Months Ended		6 Months Ended
CREDIT FACILITY (Details) - USD ($)	May 02, 2020	May 04, 2019	Aug. 03, 2019	Feb. 01, 2020
Line of Credit Facility [Line Items]
Sublimit Availability	$ 43,800,000
Line of Credit Facility, Maximum Borrowing Capacity	360,000,000.0	$ 250,000,000.0		$ 325,000,000.0
Line of Credit Facility, Current Borrowing Capacity	329,100,000	250,000,000.0		282,100,000
Line of Credit Facility Amount Outstanding Other	234,600,000	153,100,000		170,800,000
Long-term Line of Credit	240,700,000	159,400,000		177,000,000.0
Line of Credit Facility, Remaining Borrowing Capacity	$ 88,400,000	$ 90,600,000		$ 105,100,000
Line of Credit Facility, Interest Rate at Period End	3.40%	3.80%		3.40%
Line of Credit Facility, Average Outstanding Amount	$ 237,200	$ 141,800	$ 192,000.0
Line of Credit Facility, Maximum Amount Outstanding During Period	$ 272,200	$ 196,800	$ 262,500
Line of Credit Facility, Interest Rate During Period	3.10%	4.60%	4.00%
Standby Letters of Credit [Member]
Line of Credit Facility [Line Items]
Letters of Credit Outstanding, Amount	$ 6,200,000	$ 6,300,000		$ 6,200,000
2008 Credit Agreement [Member]
Line of Credit Facility [Line Items]
Letters of Credit Maximum Borrowing Capacitys	$ 50,000,000
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage	0.25%
Debt Issuance Costs, Gross	$ 5,300,000
Debt Issuance Costs, Net	1,100,000
Line of Credit Facility, Maximum Borrowing Capacity	$ 360,000,000
2008 Credit Agreement [Member] \| Prime Rate [Member]
Line of Credit Facility [Line Items]
Debt Instrument Basis Spread On Variable Rate Low End Of Range	1.75%
Debt Instrument Basis Spread On Variable Rate High End Of Range	1.88%
2008 Credit Agreement [Member] \| LIBOR [Member]
Line of Credit Facility [Line Items]
Debt Instrument Basis Spread On Variable Rate Low End Of Range	2.50%
Debt Instrument Basis Spread On Variable Rate High End Of Range	2.75%
Debt Instrument, Description of Variable Rate Basis	one, two, three, or six
2008 Credit Agreement [Member] \| Letter of Credit [Member]
Line of Credit Facility [Line Items]
Letters of Credit Facility Commitment Fee Percentage Low End of Range	1.25%
Letters of Credit Facility Commitment Fee Percentage High End of Range	1.38%
2008 Credit Agreement [Member] \| Standby Letters of Credit [Member]
Line of Credit Facility [Line Items]
Letters of Credit Facility Commitment Fee Percentage Low End of Range	2.00%
Letters of Credit Facility Commitment Fee Percentage High End of Range	2.25%

LEGAL AND REGULATORY MATTERS (Details) $ in Millions	May 02, 2020 USD ($)
Loss Contingencies [Line Items]
Loss Contingency, Estimate of Possible Loss	$ 5.0

INCOME TAXES (Details) - USD ($) $ in Thousands	3 Months Ended
INCOME TAXES (Details) - USD ($) $ in Thousands	May 02, 2020	Feb. 01, 2020	May 04, 2019
Income Tax Disclosure [Abstract]
Liability for Uncertainty in Income Taxes, Noncurrent	$ 6,800	$ 6,782	$ 5,025
Unrecognized Tax Benefits, Interest on Income Taxes Expense	$ 100

DERIVATIVE INSTRUMENTS (Details) $ in Millions	3 Months Ended
DERIVATIVE INSTRUMENTS (Details) $ in Millions	May 02, 2020 USD ($)
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Asset, Notional Amount	$ 2.7
Derivative Asset, Fair Value, Gross Asset	1.4
Change in Unrealized Gain (Loss) on Hedged Item in Fair Value Hedge	$ 0.9

SEGMENT INFORMATION (Details) $ in Thousands	3 Months Ended
SEGMENT INFORMATION (Details) $ in Thousands	May 02, 2020 USD ($)	May 04, 2019 USD ($)	Feb. 01, 2020 USD ($)
Segment Reporting [Abstract]
Percentage of Entity-Wide Sales Qualifying Purchaser as Major Customer		10.00%
Gross Profit [Abstract]
Gross Profit	$ (19,673)	$ 151,976
Operating Income (Loss) [Abstract]
Operating Income (Loss)	$ (173,143)	$ 5,038
Operating Income Loss to net Sales Percentage [Abstract]
Operating Income Loss to net Sales Percentage	(67.80%)	1.20%
Depreciation, Depletion and Amortization [Abstract]
Depreciation, Depletion and Amortization, Nonproduction	$ 17,888	$ 18,584
Payments to Acquire Productive Assets [Abstract]
Payments to Acquire Productive Assets	5,733	11,009
Assets [Abstract]
Assets	1,184,936	1,285,954	$ 1,181,397
The Childrens Place US Member
Operating Income (Loss) [Abstract]
Operating Income (Loss)	$ (159,336)	$ 4,161
Operating Income Loss to net Sales Percentage [Abstract]
Operating Income Loss to net Sales Percentage	(67.80%)	1.10%
Depreciation, Depletion and Amortization [Abstract]
Depreciation, Depletion and Amortization, Nonproduction	$ 16,186	$ 16,709
Payments to Acquire Productive Assets [Abstract]
Payments to Acquire Productive Assets	5,200	10,800
Assets [Abstract]
Assets	$ 1,097,544	$ 1,183,611	1,080,665
Number of Stores	800	849
The Children's Place Canada [Member]
Operating Income (Loss) [Abstract]
Operating Income (Loss)	$ (13,807)	$ 877
Operating Income Loss to net Sales Percentage [Abstract]
Operating Income Loss to net Sales Percentage	(68.20%)	2.30%
Depreciation, Depletion and Amortization [Abstract]
Depreciation, Depletion and Amortization, Nonproduction	$ 1,702	$ 1,875
Payments to Acquire Productive Assets [Abstract]
Payments to Acquire Productive Assets	533	209
Assets [Abstract]
Assets	$ 87,392	$ 102,343	$ 100,732
Number of Stores	120	122

SUBSEQUENT EVENTS (Details) - $ / shares	3 Months Ended
SUBSEQUENT EVENTS (Details) - $ / shares	May 02, 2020	May 04, 2019
Subsequent Event [Line Items]
Common Stock, Dividends, Per Share, Cash Paid	$ 0	$ 0.56