GameStop (GME) 10-Q8 Dec 212021 Q3 Quarterly reportFinancial data

Company Profile

Cover

Cover - shares	9 Months Ended
Cover - shares	Oct. 30, 2021	Dec. 01, 2021
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Oct. 30, 2021
Document Transition Report	false
Entity File Number	1-32637
Entity Registrant Name	GameStop Corp.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	20-2733559
Entity Address, Address Line One	625 Westport Parkway
Entity Address, City or Town	Grapevine,
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	76051
City Area Code	(817)
Local Phone Number	424-2000
Title of 12(b) Security	Class A Common Stock
Trading Symbol	GME
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		76,350,781
Amendment Flag	false
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q3
Entity Central Index Key	0001326380
Current Fiscal Year End Date	--01-29

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Oct. 30, 2021	Jan. 30, 2021	Oct. 31, 2020
Current assets:
Cash and cash equivalents	$ 1,413	$ 508.5	$ 445.9
Restricted cash	39.5	110	140.7
Receivables, net	83.4	105.3	77.6
Merchandise inventories	1,140.9	602.5	861
Prepaid expenses and other current assets	236.3	224.9	126.7
Total current assets	2,913.1	1,551.2	1,651.9
Property and equipment, net of accumulated depreciation of $1,122.0, $1,175.3 and $1,117.7, respectively	179.6	201.2	193
Operating lease right-of-use assets	615.8	662.1	666.7
Deferred income taxes	0	0	29.2
Long-term restricted cash	15.6	16.5	16
Other noncurrent assets	37.9	41.6	44.6
Total assets	3,762	2,472.6	2,601.4
Current liabilities:
Accounts payable	711.5	341.8	440.2
Accrued liabilities and other current liabilities	608.5	626.8	654.1
Current portion of operating lease liabilities	211.9	227.4	212.9
Short-term debt, including current portion of long-term debt, net	1.4	121.7	244.5
Borrowings under revolving line of credit	0	25	25
Total current liabilities	1,533.3	1,342.7	1,576.7
Long-term debt, net	44.8	216	216
Operating lease liabilities	409.7	456.7	456.7
Other long-term liabilities	19.3	20.5	19.8
Total liabilities	2,007.1	2,035.9	2,269.2
Stockholders’ equity:
Class A common stock — $.001 par value; 300 shares authorized; 75.9, 65.2 and 65.3 shares issued and outstanding, respectively	0.1	0.1	0.1
Additional paid-in capital	1,567.9	11	5.1
Accumulated other comprehensive loss	(54.2)	(49.3)	(67.4)
Retained earnings	241.1	474.9	394.4
Total stockholders’ equity	1,754.9	436.7	332.2
Total liabilities and stockholders’ equity	$ 3,762	$ 2,472.6	$ 2,601.4

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) shares in Millions, $ in Millions	Oct. 30, 2021	Jan. 30, 2021	Oct. 31, 2020
Statement of Financial Position [Abstract]
Accumulated depreciation	$ 1,122	$ 1,117.7	$ 1,175.3
Class A common stock, par value (in dollars per share)	$ 0.001	$ 0.001	$ 0.001
Class A common stock, shares authorized (in shares)	300	300	300
Class A common stock, shares issued (in shares)	75.9	65.3	65.2
Class A common stock, shares outstanding (in shares)	75.9	65.3	65.2

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Oct. 30, 2021	Oct. 31, 2020	Oct. 30, 2021	Oct. 31, 2020
Income Statement [Abstract]
Net sales	$ 1,296.6	$ 1,004.7	$ 3,756.8	$ 2,967.7
Cost of sales	978	728.4	2,787.2	2,156.8
Gross profit	318.6	276.3	969.6	810.9
Selling, general and administrative expenses	421.5	360.4	1,170.7	1,095.1
Asset impairments	0	0	0.6	4.8
Gain on sale of assets	0	(21.1)	0	(32.4)
Operating (loss) earnings	(102.9)	(63)	(201.7)	(256.6)
Interest income	0	(0.3)	(0.2)	(1.6)
Interest expense	0.8	10	26.2	25.5
Loss from continuing operations before income taxes	(103.7)	(72.7)	(227.7)	(280.5)
Income tax expense (benefit)	1.7	(53.9)	6.1	14.4
Net loss from continuing operations	(105.4)	(18.8)	(233.8)	(294.9)
Loss from discontinued operations, net of tax	0	0	0	(0.9)
Net loss	$ (105.4)	$ (18.8)	$ (233.8)	$ (295.8)
Basic loss per share:
Continuing operations (in dollars per share)	$ (1.39)	$ (0.29)	$ (3.27)	$ (4.54)
Discontinued operations (in dollars per share)	0	0	0	(0.01)
Basic loss per share (in dollars per share)	(1.39)	(0.29)	(3.27)	(4.56)
Diluted loss per share:
Continuing operations (in dollars per share)	(1.39)	(0.29)	(3.27)	(4.54)
Discontinued operations (in dollars per share)	0	0	0	(0.01)
Diluted loss per share (in dollars per share)	$ (1.39)	$ (0.29)	$ (3.27)	$ (4.56)
Weighted-average shares outstanding:
Basic (in shares)	75.9	65.2	71.5	64.9
Diluted (in shares)	75.9	65.2	71.5	64.9

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Oct. 30, 2021	Oct. 31, 2020	Oct. 30, 2021	Oct. 31, 2020
Statement of Comprehensive Income [Abstract]
Net loss	$ (105.4)	$ (18.8)	$ (233.8)	$ (295.8)
Other comprehensive income (loss):
Foreign currency translation adjustment	2.1	(3.5)	(4.9)	11.4
Total comprehensive loss	$ (103.3)	$ (22.3)	$ (238.7)	$ (284.4)

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	9 Months Ended
	Oct. 30, 2021	Oct. 31, 2020
Cash flows from operating activities:
Net loss	$ (233.8)	$ (295.8)
Adjustments to reconcile net loss to net cash flows from operating activities:
Depreciation and amortization	53.2	61.1
Loss (gain) on retirement of debt	18.2	(1.5)
Asset impairments	0.6	4.8
Stock-based compensation expense	20.7	6.1
Deferred income taxes	0	45.4
Loss (gain) on disposal of property and equipment, net	1.9	(30.6)
Other, net	(1.4)	4.1
Changes in operating assets and liabilities:
Receivables, net	21	65.8
Merchandise inventories	(545.2)	11.6
Prepaid expenses and other current assets	(5.1)	(2.9)
Prepaid income taxes and income taxes payable	(12.9)	11.7
Accounts payable and accrued liabilities	376.9	78.9
Operating lease right-of-use assets and lease liabilities	(18.1)	1.1
Changes in other long-term liabilities	0	(0.9)
Net cash flows used in operating activities	(324)	(41.1)
Cash flows from investing activities:
Capital expenditures	(40.7)	(32.6)
Proceeds from sale of property and equipment	0	95.5
Other	(0.4)	0.4
Net cash flows (used in) provided by investing activities	(41.1)	63.3
Cash flows from financing activities:
Proceeds from issuance of common stock, net of costs	1,672.8	0
Proceeds from French term loans	0	47.1
Borrowings from the revolver	0	150
Repayments of revolver borrowings	(25)	(125)
Payments of senior notes	(307.4)	(5.3)
Settlement of stock-based awards	(136.6)	(1)
Other	(0.1)	(0.3)
Net cash flows provided by financing activities	1,203.7	65.5
Exchange rate effect on cash, cash equivalents and restricted cash	(5.5)	1.4
Increase in cash, cash equivalents and restricted cash	833.1	89.1
Cash, cash equivalents and restricted cash at beginning of period	635	513.5
Cash, cash equivalents and restricted cash at end of period	$ 1,468.1	$ 602.6

CONSOLIDATED STATEMENTS OF STOC

CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - USD ($) shares in Millions, $ in Millions	Total	Class A Common Stock	Additional Paid-in Capital	Accumulated Other Comprehensive Loss	Retained Earnings
Beginning balance (in shares) at Feb. 01, 2020		64.3
Beginning balance at Feb. 01, 2020	$ 611.5	$ 0.1	$ 0	$ (78.8)	$ 690.2
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	(165.7)				(165.7)
Foreign currency translation	(12.1)			(12.1)
Stock-based compensation expense	1.8		1.8
Settlement of stock-based awards (in shares)		0.3
Settlement of stock-based awards	(0.5)		(0.5)
Ending balance (in shares) at May. 02, 2020		64.6
Ending balance at May. 02, 2020	435	$ 0.1	1.3	(90.9)	524.5
Beginning balance (in shares) at Feb. 01, 2020		64.3
Beginning balance at Feb. 01, 2020	611.5	$ 0.1	0	(78.8)	690.2
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	(295.8)
Foreign currency translation	11.4
Ending balance (in shares) at Oct. 31, 2020		65.2
Ending balance at Oct. 31, 2020	332.2	$ 0.1	5.1	(67.4)	394.4
Beginning balance (in shares) at May. 02, 2020		64.6
Beginning balance at May. 02, 2020	435	$ 0.1	1.3	(90.9)	524.5
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	(111.3)				(111.3)
Foreign currency translation	27			27
Stock-based compensation expense	2.1		2.1
Settlement of stock-based awards (in shares)		0.6
Settlement of stock-based awards	(0.5)		(0.5)
Ending balance (in shares) at Aug. 01, 2020		65.2
Ending balance at Aug. 01, 2020	352.3	$ 0.1	2.9	(63.9)	413.2
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	(18.8)				(18.8)
Foreign currency translation	(3.5)			(3.5)
Stock-based compensation expense	2.2		2.2
Ending balance (in shares) at Oct. 31, 2020		65.2
Ending balance at Oct. 31, 2020	332.2	$ 0.1	5.1	(67.4)	394.4
Beginning balance (in shares) at Jan. 30, 2021		65.3
Beginning balance at Jan. 30, 2021	436.7	$ 0.1	11	(49.3)	474.9
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	(66.8)				(66.8)
Issuance of common stock, net of cost (in shares)		3.5
Issuance of common stock, net of cost	551.7		551.7
Foreign currency translation	2.1			2.1
Stock-based compensation expense	5.7		5.7
Settlement of stock-based awards (in shares)		0.5
Settlement of stock-based awards	(49.9)		(49.9)
Ending balance (in shares) at May. 01, 2021		69.3
Ending balance at May. 01, 2021	879.5	$ 0.1	518.5	(47.2)	408.1
Beginning balance (in shares) at Jan. 30, 2021		65.3
Beginning balance at Jan. 30, 2021	436.7	$ 0.1	11	(49.3)	474.9
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	(233.8)
Foreign currency translation	(4.9)
Ending balance (in shares) at Oct. 30, 2021		75.9
Ending balance at Oct. 30, 2021	1,754.9	$ 0.1	1,567.9	(54.2)	241.1
Beginning balance (in shares) at May. 01, 2021		69.3
Beginning balance at May. 01, 2021	879.5	$ 0.1	518.5	(47.2)	408.1
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	(61.6)				(61.6)
Issuance of common stock, net of cost (in shares)		5
Issuance of common stock, net of cost	1,121.1		1,121.1
Foreign currency translation	(9.1)			(9.1)
Stock-based compensation expense	8.8		8.8
Settlement of stock-based awards (in shares)		1.6
Settlement of stock-based awards	(86.7)		(86.7)
Ending balance (in shares) at Jul. 31, 2021		75.9
Ending balance at Jul. 31, 2021	1,852	$ 0.1	1,561.7	(56.3)	346.5
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	(105.4)				(105.4)
Foreign currency translation	2.1			2.1
Stock-based compensation expense	6.2		6.2
Ending balance (in shares) at Oct. 30, 2021		75.9
Ending balance at Oct. 30, 2021	$ 1,754.9	$ 0.1	$ 1,567.9	$ (54.2)	$ 241.1

General Information

General Information	9 Months Ended
General Information	Oct. 30, 2021
Accounting Policies [Abstract]
General Information	General Information The Company GameStop Corp. (“GameStop,” “we,” “us,” “our,” or the “Company”) offers games, entertainment products and technology through its e-commerce properties and stores. We operate our business in four geographic segments: United States, Canada, Australia and Europe. The information contained in these consolidated financial statements refers to continuing operations unless otherwise noted. Basis of Presentation and Consolidation The consolidated financial statements include our accounts and the accounts of our wholly-owned subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation. The consolidated financial statements included herein reflect all adjustments (consisting only of normal, recurring adjustments) which are, in our opinion, necessary for a fair presentation of the information for the periods presented. These consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and the instructions to Quarterly Report on Form 10-Q and Article 10 of Regulation S-X. Accordingly, they exclude certain disclosures required under GAAP for complete consolidated financial statements. The accompanying consolidated financial statements and notes are unaudited. The consolidated financial statements should be read in conjunction with our Annual Report on Form 10-K for the 52 weeks ended January 30, 2021, as filed with the Securities and Exchange Commission ("SEC") on March 23, 2021 (the “2020 Annual Report on Form 10-K”). Due to the seasonal nature of our business, our results of operations for the nine months ended October 30, 2021 are not indicative of our future results for the 52 weeks ending January 29, 2022. Our fiscal year is composed of the 52 or 53 weeks ending on the Saturday closest to the last day of January. Each of our fiscal years ending January 29, 2022 and January 30, 2021 consist of 52 weeks. All three and nine month periods presented herein contain 13 weeks and 39 weeks, respectively. All references to years, quarters and months relate to fiscal periods rather than calendar periods. Our business, like that of many retailers, is seasonal, with the major portion of the net sales realized during the fourth quarter, which includes the holiday selling season. Use of Estimates The preparation of the consolidated financial statements in conformity with GAAP requires us to make estimates and assumptions that affect the amounts reported and disclosed in the consolidated financial statements and accompanying footnotes. We regularly evaluate the estimates related to our assets and liabilities, contingent assets and liabilities, and the reported amounts of revenues and expenses. In preparing these consolidated financial statements, we have made our best estimates and judgments of certain amounts recognized in the consolidated financial statements, giving due consideration to materiality. Changes in the estimates and assumptions that we have used could have a significant impact on our financial results. Actual results could differ from those estimates.

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
Summary of Significant Accounting Policies	Oct. 30, 2021
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies There have been no material changes to our significant accounting policies included in Note 1 , "Nature of Operations and Summary of Significant Accounting Policies," in the 2020 Annual Report on Form 10-K. At-the-Market Equity Offering During the nine months ended October 30, 2021, we sold an aggregate of 8,500,000 shares of our common stock under our at-the market equity offering program (the "ATM Transactions"). We generated $1.68 billion in aggregate gross proceeds from sales under the ATM Transactions and paid an aggregate of $10.1 million in commissions to the sales agent, among other legal and administrative fees. These commissions and fees are recognized in additional paid-in capital on our Consolidated Balance Sheets and selling, general and administration expenses in our Consolidated Statements of Operations. Discontinued Operations and Dispositions The historic results of our Spring Mobile business, sold during the fourth quarter of 2018, are presented as discontinued operations, and consist of residual wind-down costs for all periods presented. The net loss from discontinued operations for the nine months ended October 31, 2020 consisted of $1.2 million and $0.3 million in selling, general and administrative expenses and income tax benefit, respectively, in our Consolidated Statements of Operations. Recent Accounting Pronouncements In December 2019, the FASB issued ASU 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes. This standard is intended to simplify the accounting and disclosure requirements for income taxes by eliminating various exceptions in accounting for income taxes and clarifying and amending existing guidance to improve consistency in application of ASC 740. The provisions of ASU 2019-12 are effective for years beginning after December 15, 2021, with early adoption permitted. We do not expect the adoption of this ASU to result in a material impact on our consolidated financial statements.

Revenue

Revenue	9 Months Ended
Revenue	Oct. 30, 2021
Revenue from Contract with Customer [Abstract]
Revenue	Revenue The following table presents net sales by significant product category: Three Months Ended Nine Months Ended October 30, October 31, October 30, October 31, Hardware and accessories (1) $ 669.9 $ 413.4 $ 1,983.0 $ 1,368.1 Software (2) 434.5 444.4 1,229.0 1,247.9 Collectibles 192.2 146.9 544.8 351.7 Total $ 1,296.6 $ 1,004.7 $ 3,756.8 $ 2,967.7 __________________________________________________ (1) Includes sales of new and pre-owned hardware, accessories, hardware bundles in which hardware and digital or physical software are sold together in a single SKU, interactive game figures, strategy guides, warranties, mobile and consumer electronics. (2) Includes sales of new and pre-owned video game software, digital software, and PC entertainment software. See N ote 8 , "Segment Information," for net sales by geographic location. Performance Obligations We have arrangements with customers where our performance obligations are satisfied over time, which primarily relate to extended warranties and our Game Informer ® magazine. We expect to recognize revenue in future periods for remaining performance obligations we have associated with unredeemed gift cards, trade-in credits, reservation deposits and our PowerUp Rewards loyalty program (collectively, "unredeemed customer liabilities"), extended warranties and subscriptions to our Game Informer ® magazine. These performance obligations are recognized in accrued liabilities and other current liabilities on our Consolidated Balance Sheets. Performance obligations associated with unredeemed customer liabilities are primarily satisfied at the time customers redeem gift cards, trade-in credits, customer deposits or loyalty program points for products that we offer. Unredeemed customer liabilities are generally redeemed within one year of issuance. As of October 30, 2021 and October 31, 2020, our unredeemed customer liabilities totaled $226.9 million and $326.2 million, respectively. We offer extended warranties on certain new and pre-owned products with terms generally ranging from 12 to 24 months, depending on the product. Revenues for extended warranties sold are recognized on a straight-line basis over the life of the contract. As of October 30, 2021 and October 31, 2020, our deferred revenue liability related to extended warranties totaled $66.7 million and $47.7 million, respectively. Performance obligations associated with subscriptions to Game Informer ® magazine are satisfied when periodic magazines are delivered in print form or made available in digital format. The significant majority of customer subscriptions are annual. As of October 30, 2021 and October 31, 2020, we had deferred revenue of $45.1 million and $30.7 million, respectively, associated with our Game Informer ® magazine. Significant Judgments and Estimates We accrue PowerUp Rewards loyalty points at the estimated retail price per point, net of estimated breakage, which can be redeemed by loyalty program members for products we offer. The estimated retail price per point is based on the actual historical retail prices of product(s) purchased through the redemption of loyalty points. We estimate breakage of loyalty points and unredeemed gift cards based on historical redemption rates. Contract Balances Our contract liabilities primarily consist of unredeemed customer liabilities and deferred revenues associated with gift cards, extended warranties and subscriptions to Game Informer ® magazine. The following table presents a rollforward of our contract liabilities: October 30, October 31, Contract liability beginning balance $ 348.2 $ 339.2 Increase to contract liabilities (1) 680.1 562.2 Decrease to contract liabilities (2) (688.9) (496.5) Other adjustments (3) (0.7) (0.3) Contract liability ending balance $ 338.7 $ 404.6 __________________________________________________ (1) Includes issuances of gift cards, trade-in credits and loyalty points, new reservation deposits, new subscriptions to Game Informer ® and extended warranties sold. (2) Includes redemptions of gift cards, trade-in credits, loyalty points and customer deposits and revenues recognized for Game Informer ® and extended warranties. During the nine months ended October 30, 2021, there were $41.6 million of gift cards redeemed that were outstanding as of January 30, 2021. During the nine months ended October 31, 2020, there were $36.6 million of gift cards redeemed that were outstanding as of February 1, 2020. (3) Primarily includes foreign currency translation adjustments.

Fair Value Measurements and Fin

Fair Value Measurements and Financial Instruments	9 Months Ended
Fair Value Measurements and Financial Instruments	Oct. 30, 2021
Fair Value Disclosures [Abstract]
Fair Value Measurements and Financial Instruments	Fair Value Measurements and Financial Instruments Fair value is defined as the price that would be received from selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Applicable accounting standards require disclosures that categorize assets and liabilities measured at fair value into one of three different levels depending on the observability of the inputs employed in the measurement. Level 1 inputs are quoted prices in active markets for identical assets or liabilities. Level 2 inputs are observable inputs other than quoted prices included in Level 1 for the asset or liability, either directly or indirectly through market-corroborated inputs. Level 3 inputs are unobservable inputs for the asset or liability reflecting our assumptions about pricing by market participants. Assets and Liabilities that are Measured at Fair Value on a Recurring Basis Assets and liabilities that are measured at fair value on a recurring basis include our foreign currency contracts, Company-owned life insurance policies with a cash surrender value, and certain nonqualified deferred compensation liabilities. We value our foreign currency contracts, life insurance policies with cash surrender values and certain nonqualified deferred compensation liabilities based on Level 2 inputs using quotations provided by major market news services, such as Bloomberg , and industry-standard models that consider various assumptions, including quoted forward prices, time value, volatility factors, and contractual prices for the underlying instruments, and other relevant economic measures, all of which are observable in active markets. When appropriate, valuations are adjusted to reflect credit considerations, generally based on available market evidence. The following table presents our assets and liabilities measured at fair value on a recurring basis, which utilize Level 2 inputs: October 30, October 31, January 30, 2021 Assets Foreign currency contracts (1) $ 4.1 $ 1.3 $ 2.5 Company-owned life insurance (2) 3.0 3.2 2.7 Total assets $ 7.1 $ 4.5 $ 5.2 Liabilities Foreign currency contracts (3) $ 0.1 $ 3.2 $ 2.4 Nonqualified deferred compensation (3) 0.6 1.0 0.6 Total liabilities $ 0.7 $ 4.2 $ 3.0 __________________________________________________ (1) Recognized in prepaid expenses and other current assets on our Consolidated Balance Sheets. (2) Recognized in other noncurrent assets on our Consolidated Balance Sheets. (3) Recognized in accrued liabilities and other current liabilities on our Consolidated Balance Sheets. We use forward exchange contracts to manage currency risk primarily related to intercompany loans and third party accounts payable denominated in non-functional currencies. These foreign currency contracts are not designated as hedges and, therefore, changes in the fair values of these derivatives are recognized in earnings, thereby offsetting the current earnings effect of the re-measurement of related balances denominated in foreign currencies. The total gross notional value of derivatives related to our foreign currency contracts was $178.7 million, $262.3 million and $206.9 million as of October 30, 2021, October 31, 2020 and January 30, 2021, respectively. The following table presents activity related to the trading of derivative instruments and the offsetting impact of related balances denominated in foreign currencies recognized in selling, general and administrative expense in our Consolidated Statements of Operations: Three Months Ended Nine Months Ended October 30, October 31, October 30, October 31, Gains (Losses) on changes in fair value of derivative instruments $ 5.6 $ 0.6 $ 7.2 $ (4.6) (Losses) gains on re-measurement of intercompany loans and third-party accounts payable denominated in foreign currencies (4.3) (0.5) (4.9) 4.7 Net gains (losses) $ 1.3 $ 0.1 $ 2.3 $ 0.1 We are exposed to counterparty credit risk on all of our derivative financial instruments and cash equivalent investments. We manage counterparty risk according to the guidelines and controls established under our comprehensive risk management and investment policies. We continuously monitor our counterparty credit risk and utilize a number of different counterparties to minimize our exposure to potential defaults. Assets that are Measured at Fair Value on a Nonrecurring Basis Assets that are measured at fair value on a nonrecurring basis relate primarily to property and equipment, operating lease right-of-use ("ROU") assets and other intangible assets, which are remeasured when the estimated fair value is below its carrying value. When we determine that impairment has occurred, the carrying value of the asset is reduced to its fair value. During the nine months ended October 30, 2021 and October 31, 2020, we recognized impairment charges totaling $0.6 million and $1.6 million, respectively, associated with store-level ROU and property and equipment assets to reflect their fair values. During the nine months ended October 31, 2020, we also recognized impairment charges of $3.2 million related to our corporate aircraft to reflect its fair value of $8.6 million before the sale of the aircraft on June 5, 2020. Other Fair Value Disclosures The carrying values of our cash equivalents, net receivables, accounts payable and short-term borrowings approximate their fair values due to their short-term maturities.

Debt

Debt	9 Months Ended
Debt	Oct. 30, 2021
Debt Disclosure [Abstract]
Debt	Debt The following table presents the carrying value of our debt: October 30, October 31, January 30, 2021 Revolving credit facility due 2022 $ — $ 25.0 $ 25.0 French Term Loans 46.2 46.6 48.6 6.75% Senior Notes due 2021 — 198.2 73.2 10.00% Senior Notes due 2023 — 216.4 216.4 Less: Senior Notes unamortized debt financing costs — (0.7) (0.5) Total debt, net $ 46.2 $ 485.5 $ 362.7 Less: short-term debt and current portion of long-term debt (1) 1.4 269.5 146.7 Long-term debt, net $ 44.8 $ 216.0 $ 216.0 ______________________________________________________________ (1) Represents the current portion of the French Term Loans and the 6.75% Senior Notes due 2021 ("2021 Senior Notes"), net of the associated unamortized debt financing costs. Prior periods include loan advances under our asset-based revolving credit facility due November 2022 ("Revolver"). 2021 Debt Payments On March 15, 2021, we repaid at maturity $73.2 million outstanding principal amount of our 2021 Senior Notes. On April 30, 2021, we completed the voluntary early redemption of $216.4 million outstanding principal amount of our 10.00% Senior Notes due 2023 ("2023 Senior Notes"). This voluntary early redemption covered the entire amount of then outstanding 2023 Senior Notes, which represented all of our long-term debt. In connection with the voluntary early redemption of our 2023 Senior Notes, we paid approximately $219.1 million in aggregate consideration, including accrued and unpaid interest. In connection with the voluntary early redemption of our 2023 Senior Notes, we paid a $17.8 million make-whole premium which is recognized in interest expense in our Consolidated Statements of Operations. Additionally, we accelerated amortization of $0.4 million deferred financing costs associated with our 2023 Senior Notes. French Term Loans During 2020, our French subsidiary, Micromania SAS, entered into six separate unsecured term loans for a total of €40.0 million, or $46.2 million, as of October 30, 2021. In the second quarter of 2021, at the request of Micromania SAS, these term loans were extended for five years, with an amortization plan for the principal starting in October 2022. In connection with the extension, the interest rate increased from 0.0% to 0.7% for three of the term loans totaling €20.0 million, and 1% for the remaining three term loans totaling €20.0 million. The French government has guaranteed 90% of the term loans pursuant to a state guaranteed loan program instituted in connection with the COVID-19 pandemic. Each of Micromania SAS's term loans, as described above, restrict the ability of Micromania SAS to make distributions and loans to its affiliates, and include various events that would result in the automatic acceleration of the loans thereunder, including failure to pay any principal or interest when due, acceleration of other indebtedness, a change of control and certain bankruptcy, insolvency or receivership events. Revolving Credit Facility Through November 3, 2021, we maintained the Revolver with a borrowing base capacity up to $420 million and a maturity date of November 2022. The Revolver also included a $200 million expansion feature, a $100 million letter of credit sublimit, and allowed for an incremental $50 million first-in, last-out facility. The applicable margins for prime rate loans ranged from 0.25% to 0.50% and, for the London Interbank Offered Rate ("LIBOR") loans, ranged from 1.25% to 1.50%. The Revolver was secured by substantially all of the assets of the Company and its domestic subsidiaries. As of October 30, 2021, the applicable margin was 0.25% for prime rate loans and 1.25% for LIBOR loans. The agreement governing our Revolver placed certain restrictions on us and our subsidiaries, including, among others, limitations on asset sales, additional liens, investments, incurrence of additional debt and share repurchases. Additionally, the agreement contained customary events of default, including, among others, payment defaults, breaches of covenants and certain events of bankruptcy, insolvency and reorganization. The Revolver was subject to a fixed charge coverage ratio covenant if availability under the Revolver was below a certain amount (the "Availability Reduction"). As of October 30, 2021, we had no borrowings outstanding under the Revolver. During the first quarter of 2021, we repaid $25.0 million in borrowings under the Revolver. As of October 30, 2021, total availability under the Revolver after giving effect to the Availability Reduction was $202.4 million, with no outstanding borrowings and outstanding standby letters of credit of $57.9 million. As of October 30, 2021, we were in compliance with all covenants in the Revolver. New Revolving Credit Facility On November 3, 2021, we entered into an asset-based secured revolving credit facility (the "New Revolver"). The New Revolver provides for a borrowing capacity of $500 million with a maturity date of November 3, 2026. The New Revolver includes a $50 million swing loan revolving sub-facility, a $50 million Canadian revolving sub-facility, and a $250 million letter of credit sublimit. Borrowings under the New Revolver accrue interest at an adjusted LIBOR rate plus an applicable margin (ranging from 1.25% to 1.50%) or an adjusted prime rate plus an applicable margin (ranging from 0.25% to 0.50%). The Revolver was terminated in connection with our entry into the New Revolver.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
Commitments and Contingencies	Oct. 30, 2021
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Letter of Credit Facilities Separate from the Revolver, we maintain uncommitted letter of credit facilities with certain lenders that provide for the issuance of letters of credit and bank guarantees, at times supported by cash collateral. As of October 30, 2021, we had $17.1 million of outstanding letters of credit and bank guarantees under facilities outside of the Revolver. During the nine months ended October 30, 2021, there were no material changes to our commitments as disclosed in our 2020 Annual Report on Form 10-K except as discussed in Note 5 , "Debt." Legal Proceedings In the ordinary course of business, we are, from time to time, subject to various legal proceedings, including matters involving wage and hour employee class actions, stockholder actions and consumer class actions. We may enter into discussions regarding settlement of these and other types of lawsuits, and may enter into settlement agreements, if we believe settlement is in the best interest of our stockholders. We do not believe that any such existing legal proceedings or settlements, individually or in the aggregate, will have a material effect on our financial condition, results of operations or liquidity.

Earnings Per Share

Earnings Per Share	9 Months Ended
Earnings Per Share	Oct. 30, 2021
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per ShareBasic net income (loss) per common share is computed by dividing the net income (loss) available to common stockholders by the weighted-average number of common shares outstanding during the period. Diluted net income (loss) per common share is computed by dividing the net income (loss) available to common stockholders by the weighted-average number of common shares outstanding and potentially dilutive securities outstanding during the period. Potentially dilutive securities include stock options, unvested restricted stock and unvested restricted stock units outstanding during the period, using the treasury stock method. Potentially dilutive securities are excluded from the computations of diluted earnings per share if their effect would be anti-dilutive. A net loss from continuing operations causes all potentially dilutive securities to be anti-dilutive. We have certain undistributed stock awards that participate in dividends on a non-forfeitable basis, however, their impact on earnings per share under the two-class method is negligible. The following table presents a reconciliation of shares used in calculating basic and diluted net loss per common share: Three Months Ended Nine Months Ended October 30, October 31, October 30, October 31, Weighted-average common shares outstanding 75.9 65.2 71.5 64.9 Dilutive effect of stock options, restricted stock and restricted stock units — — — — Weighted-average diluted common shares outstanding 75.9 65.2 71.5 64.9 Anti-dilutive shares: Restricted stock units 0.7 — 0.7 — Restricted stock 0.4 4.6 0.4 4.6 Stock options — 0.1 — 0.1 As of October 30, 2021, October 31, 2020 and January 30, 2021 there were 1.1 million, 4.6 million and 4.6 million, respectively, of unvested restricted stock and restricted stock units. As of October 30, 2021, October 31, 2020 and January 30, 2021 there were 77.0 million, 69.8 million and 69.9 million, respectively, shares of Class A common stock, including unvested restricted shares, legally issued and outstanding. As of October 30, 2021, 5.2 million shares of our Class A common stock were directly registered with our transfer agent, ComputerShare.

Segment Information

Segment Information	9 Months Ended
Segment Information	Oct. 30, 2021
Segment Reporting [Abstract]
Segment Information	Segment Information We operate our business in four geographic segments: United States, Canada, Australia and Europe. We identified segments based on a combination of geographic areas and management responsibility. Segment results for the United States include retail operations in 50 states and Guam; our e-commerce operations; and Game Informer ® magazine. The United States segment also includes general and administrative expenses related to our corporate offices in the United States. Segment results for Canada include retail and e-commerce operations in Canada and segment results for Australia include retail and e-commerce operations in Australia and New Zealand. Segment results for Europe include retail and e-commerce operations in six countries for both the three and nine months ended October 30, 2021. Segment results for Europe included retail and e-commerce operations in six and ten countries for the three and nine months ended October 30, 2020, respectively. We measure segment profit using operating earnings, which is defined as income from continuing operations before intercompany royalty fees, net interest expense and income taxes. Transactions between reportable segments consist primarily of royalties, management fees, intersegment loans and related interest. There were no material intersegment sales during the three and nine months ended October 30, 2021 and October 31, 2020. United Canada Australia Europe Consolidated three months ended October 30, 2021 Net sales $ 875.5 $ 68.3 $ 127.1 $ 225.7 $ 1,296.6 Operating (loss) earnings (98.5) (1.5) 0.7 (3.6) (102.9) three months ended October 31, 2020 Net sales $ 664.5 $ 55.9 $ 111.2 $ 173.1 $ 1,004.7 Operating (loss) earnings (66.8) 7.1 10.1 (13.4) (63.0) nine months ended October 30, 2021 United Canada Australia Europe Consolidated Net sales $ 2,636.9 $ 193.0 $ 373.1 $ 553.8 $ 3,756.8 Operating (loss) earnings (152.3) (5.2) 3.9 (48.1) (201.7) nine months ended October 31, 2020 Net sales $ 2,009.3 $ 137.5 $ 373.9 $ 447.0 $ 2,967.7 Operating (loss) earnings (189.6) (3.0) 21.2 (85.2) (256.6)

Income Taxes

Income Taxes	9 Months Ended
Income Taxes	Oct. 30, 2021
Income Tax Disclosure [Abstract]
Income Taxes	Income TaxesThe Coronavirus Aid, Relief, and Economic Securities Act (the "CARES Act"), which was enacted on March 27, 2020 in the United States, included measures to assist companies, including temporary changes to income and non-income-based tax laws. With respect to the CARES Act, we have benefited from the deferral of certain payroll taxes, the allowed carryback of a 2020 net operating loss, the modification of limitation on business interest and the technical correction with respect to qualified improvement property. U.S. federal income tax receivable increased to $157.8 million as of October 30, 2021 compared to $47.8 million as of October 31, 2020 due to the net operating loss carryback allowed under the CARES Act. U.S. federal income tax receivable is recognized in prepaid expenses and other current assets on our Consolidated Balance Sheets. Our interim tax provision is determined using an estimated annual effective tax rate and adjusted for discrete taxable events and/or adjustments that may occur during the third quarter and the nine months ended October 30, 2021. We recognized an income tax expense of $1.7 million, or (1.6)%, for the three months ended October 30, 2021 compared to an income tax benefit of $53.9 million, or 74.1%, for the three months ended October 31, 2020. Our effective income tax rate of (1.6)% is primarily due to not recognizing tax benefits on current period losses and forecasted income taxes due in specific foreign and state jurisdictions in which we operate. Our effective tax rate of 74.1% for the three months ended October 31, 2020 was primarily due to tax benefits related to the CARES Act that were recorded during that period. We recognized an income tax expense of $6.1 million, or (2.7)%, for the nine months ended October 30, 2021 compared to an income tax expense of $14.4 million, or (5.1)%, for the nine months ended October 31, 2020. Our effective income tax rate of (2.7)% is primarily due to unrecognized tax benefits on current period losses and forecasted income taxes due in specific foreign and state jurisdictions in which we operate. Our effective tax rate of (5.1)% for the nine months ended October 31, 2020 was primarily due to tax benefits related to the CARES Act as well as a significant increase in the valuation allowance that was recorded during that period.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	9 Months Ended
Summary of Significant Accounting Policies (Policies)	Oct. 30, 2021
Accounting Policies [Abstract]
Basis of Presentation and Consolidation	Basis of Presentation and Consolidation The consolidated financial statements include our accounts and the accounts of our wholly-owned subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation. The consolidated financial statements included herein reflect all adjustments (consisting only of normal, recurring adjustments) which are, in our opinion, necessary for a fair presentation of the information for the periods presented. These consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and the instructions to Quarterly Report on Form 10-Q and Article 10 of Regulation S-X. Accordingly, they exclude certain disclosures required under GAAP for complete consolidated financial statements. The accompanying consolidated financial statements and notes are unaudited. The consolidated financial statements should be read in conjunction with our Annual Report on Form 10-K for the 52 weeks ended January 30, 2021, as filed with the Securities and Exchange Commission ("SEC") on March 23, 2021 (the “2020 Annual Report on Form 10-K”). Due to the seasonal nature of our business, our results of operations for the nine months ended October 30, 2021 are not indicative of our future results for the 52 weeks ending January 29, 2022. Our fiscal year is composed of the 52 or 53 weeks ending on the Saturday closest to the last day of January. Each of our fiscal years ending January 29, 2022 and January 30, 2021 consist of 52 weeks. All three and nine month periods presented herein contain 13 weeks and 39 weeks, respectively. All references to years, quarters and months relate to fiscal periods rather than calendar periods. Our business, like that of many retailers, is seasonal, with the major portion of the net sales realized during the fourth quarter, which includes the holiday selling season.
Use of Estimates	Use of Estimates The preparation of the consolidated financial statements in conformity with GAAP requires us to make estimates and assumptions that affect the amounts reported and disclosed in the consolidated financial statements and accompanying footnotes. We regularly evaluate the estimates related to our assets and liabilities, contingent assets and liabilities, and the reported amounts of revenues and expenses. In preparing these consolidated financial statements, we have made our best estimates and judgments of certain amounts recognized in the consolidated financial statements, giving due consideration to materiality. Changes in the estimates and assumptions that we have used could have a significant impact on our financial results. Actual results could differ from those estimates.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In December 2019, the FASB issued ASU 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes. This standard is intended to simplify the accounting and disclosure requirements for income taxes by eliminating various exceptions in accounting for income taxes and clarifying and amending existing guidance to improve consistency in application of ASC 740. The provisions of ASU 2019-12 are effective for years beginning after December 15, 2021, with early adoption permitted. We do not expect the adoption of this ASU to result in a material impact on our consolidated financial statements.

Revenue (Tables)

Revenue (Tables)	9 Months Ended
Revenue (Tables)	Oct. 30, 2021
Revenue from Contract with Customer [Abstract]
Sales and Percentage of Total Net Sales by Significant Product Category	The following table presents net sales by significant product category: Three Months Ended Nine Months Ended October 30, October 31, October 30, October 31, Hardware and accessories (1) $ 669.9 $ 413.4 $ 1,983.0 $ 1,368.1 Software (2) 434.5 444.4 1,229.0 1,247.9 Collectibles 192.2 146.9 544.8 351.7 Total $ 1,296.6 $ 1,004.7 $ 3,756.8 $ 2,967.7 __________________________________________________ (1) Includes sales of new and pre-owned hardware, accessories, hardware bundles in which hardware and digital or physical software are sold together in a single SKU, interactive game figures, strategy guides, warranties, mobile and consumer electronics. (2) Includes sales of new and pre-owned video game software, digital software, and PC entertainment software.
Contract with Customer, Asset and Liability	The following table presents a rollforward of our contract liabilities: October 30, October 31, Contract liability beginning balance $ 348.2 $ 339.2 Increase to contract liabilities (1) 680.1 562.2 Decrease to contract liabilities (2) (688.9) (496.5) Other adjustments (3) (0.7) (0.3) Contract liability ending balance $ 338.7 $ 404.6 __________________________________________________ (1) Includes issuances of gift cards, trade-in credits and loyalty points, new reservation deposits, new subscriptions to Game Informer ® and extended warranties sold. (2) Includes redemptions of gift cards, trade-in credits, loyalty points and customer deposits and revenues recognized for Game Informer ® and extended warranties. During the nine months ended October 30, 2021, there were $41.6 million of gift cards redeemed that were outstanding as of January 30, 2021. During the nine months ended October 31, 2020, there were $36.6 million of gift cards redeemed that were outstanding as of February 1, 2020. (3) Primarily includes foreign currency translation adjustments.

Fair Value Measurements and F_2

Fair Value Measurements and Financial Instruments (Tables)	9 Months Ended
Fair Value Measurements and Financial Instruments (Tables)	Oct. 30, 2021
Fair Value Disclosures [Abstract]
Fair Value of Assets and Liabilities Measured at Fair Value on Recurring Basis	The following table presents our assets and liabilities measured at fair value on a recurring basis, which utilize Level 2 inputs: October 30, October 31, January 30, 2021 Assets Foreign currency contracts (1) $ 4.1 $ 1.3 $ 2.5 Company-owned life insurance (2) 3.0 3.2 2.7 Total assets $ 7.1 $ 4.5 $ 5.2 Liabilities Foreign currency contracts (3) $ 0.1 $ 3.2 $ 2.4 Nonqualified deferred compensation (3) 0.6 1.0 0.6 Total liabilities $ 0.7 $ 4.2 $ 3.0 __________________________________________________ (1) Recognized in prepaid expenses and other current assets on our Consolidated Balance Sheets. (2) Recognized in other noncurrent assets on our Consolidated Balance Sheets. (3) Recognized in accrued liabilities and other current liabilities on our Consolidated Balance Sheets.
Gains and Losses on Derivative Instruments and Foreign Currency Transaction	The following table presents activity related to the trading of derivative instruments and the offsetting impact of related balances denominated in foreign currencies recognized in selling, general and administrative expense in our Consolidated Statements of Operations: Three Months Ended Nine Months Ended October 30, October 31, October 30, October 31, Gains (Losses) on changes in fair value of derivative instruments $ 5.6 $ 0.6 $ 7.2 $ (4.6) (Losses) gains on re-measurement of intercompany loans and third-party accounts payable denominated in foreign currencies (4.3) (0.5) (4.9) 4.7 Net gains (losses) $ 1.3 $ 0.1 $ 2.3 $ 0.1

Debt (Tables)

Debt (Tables)	9 Months Ended
Debt (Tables)	Oct. 30, 2021
Debt Disclosure [Abstract]
Schedule of Debt	The following table presents the carrying value of our debt: October 30, October 31, January 30, 2021 Revolving credit facility due 2022 $ — $ 25.0 $ 25.0 French Term Loans 46.2 46.6 48.6 6.75% Senior Notes due 2021 — 198.2 73.2 10.00% Senior Notes due 2023 — 216.4 216.4 Less: Senior Notes unamortized debt financing costs — (0.7) (0.5) Total debt, net $ 46.2 $ 485.5 $ 362.7 Less: short-term debt and current portion of long-term debt (1) 1.4 269.5 146.7 Long-term debt, net $ 44.8 $ 216.0 $ 216.0 ______________________________________________________________ (1) Represents the current portion of the French Term Loans and the 6.75%

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
Earnings Per Share (Tables)	Oct. 30, 2021
Earnings Per Share [Abstract]
Reconciliation of Shares Used in Calculating Basic and Diluted Net Loss Per Common Share	The following table presents a reconciliation of shares used in calculating basic and diluted net loss per common share: Three Months Ended Nine Months Ended October 30, October 31, October 30, October 31, Weighted-average common shares outstanding 75.9 65.2 71.5 64.9 Dilutive effect of stock options, restricted stock and restricted stock units — — — — Weighted-average diluted common shares outstanding 75.9 65.2 71.5 64.9 Anti-dilutive shares: Restricted stock units 0.7 — 0.7 — Restricted stock 0.4 4.6 0.4 4.6 Stock options — 0.1 — 0.1

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
Segment Information (Tables)	Oct. 30, 2021
Segment Reporting [Abstract]
Sales by Segment	We identified segments based on a combination of geographic areas and management responsibility. Segment results for the United States include retail operations in 50 states and Guam; our e-commerce operations; and Game Informer ® magazine. The United States segment also includes general and administrative expenses related to our corporate offices in the United States. Segment results for Canada include retail and e-commerce operations in Canada and segment results for Australia include retail and e-commerce operations in Australia and New Zealand. Segment results for Europe include retail and e-commerce operations in six countries for both the three and nine months ended October 30, 2021. Segment results for Europe included retail and e-commerce operations in six and ten countries for the three and nine months ended October 30, 2020, respectively. We measure segment profit using operating earnings, which is defined as income from continuing operations before intercompany royalty fees, net interest expense and income taxes. Transactions between reportable segments consist primarily of royalties, management fees, intersegment loans and related interest. There were no material intersegment sales during the three and nine months ended October 30, 2021 and October 31, 2020. United Canada Australia Europe Consolidated three months ended October 30, 2021 Net sales $ 875.5 $ 68.3 $ 127.1 $ 225.7 $ 1,296.6 Operating (loss) earnings (98.5) (1.5) 0.7 (3.6) (102.9) three months ended October 31, 2020 Net sales $ 664.5 $ 55.9 $ 111.2 $ 173.1 $ 1,004.7 Operating (loss) earnings (66.8) 7.1 10.1 (13.4) (63.0) nine months ended October 30, 2021 United Canada Australia Europe Consolidated Net sales $ 2,636.9 $ 193.0 $ 373.1 $ 553.8 $ 3,756.8 Operating (loss) earnings (152.3) (5.2) 3.9 (48.1) (201.7) nine months ended October 31, 2020 Net sales $ 2,009.3 $ 137.5 $ 373.9 $ 447.0 $ 2,967.7 Operating (loss) earnings (189.6) (3.0) 21.2 (85.2) (256.6)

General Information (Details)

General Information (Details)	9 Months Ended
General Information (Details)	Oct. 30, 2021segment
Accounting Policies [Abstract]
Number of reportable segments	4

Summary of Significant Accoun_3

Summary of Significant Accounting Policies - At-the-Market Equity Offering (Details) $ in Millions	9 Months Ended
	Oct. 30, 2021USD ($)shares
Accounting Policies [Abstract]
Number of shares sold (in shares) \| shares	8,500,000
Gross proceeds from sale of common stock	$ 1,680
Fees paid to sales agent	$ 10.1

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Discontinued Operations and Dispositions (Details) - Spring Mobile - Discontinued Operations, Disposed of by Sale $ in Millions	9 Months Ended
	Oct. 31, 2020USD ($)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Selling, general and administrative expenses	$ 1.2
Income tax expense (benefit)	$ (0.3)

Revenue - Sales and Percentage

Revenue - Sales and Percentage of Total Net Sales by Significant Product Category (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Oct. 30, 2021	Oct. 31, 2020	Oct. 30, 2021	Oct. 31, 2020
Disaggregation of Revenue [Line Items]
Net sales	$ 1,296.6	$ 1,004.7	$ 3,756.8	$ 2,967.7
Hardware and accessories
Disaggregation of Revenue [Line Items]
Net sales	669.9	413.4	1,983	1,368.1
Software
Disaggregation of Revenue [Line Items]
Net sales	434.5	444.4	1,229	1,247.9
Collectibles
Disaggregation of Revenue [Line Items]
Net sales	$ 192.2	$ 146.9	$ 544.8	$ 351.7

Revenue - Narrative (Details)

Revenue - Narrative (Details) - USD ($) $ in Millions	9 Months Ended
Revenue - Narrative (Details) - USD ($) $ in Millions	Oct. 30, 2021	Oct. 31, 2020
Minimum
Disaggregation of Revenue [Line Items]
Extended warranty term	12 months
Maximum
Disaggregation of Revenue [Line Items]
Extended warranty term	24 months
Customer Liabilities
Disaggregation of Revenue [Line Items]
Deferred credits	$ 226.9	$ 326.2
Extended Warranties
Disaggregation of Revenue [Line Items]
Deferred credits	66.7	47.7
Magazine Subscriptions
Disaggregation of Revenue [Line Items]
Deferred credits	$ 45.1	$ 30.7

Revenue - Change In Contract Li

Revenue - Change In Contract Liabilities (Details) - USD ($) $ in Millions	9 Months Ended
	Oct. 30, 2021	Oct. 31, 2020
Contract With Customer, Contract Liabilities [Roll Forward]
Contract liability beginning balance	$ 348.2	$ 339.2
Increase to contract liabilities	680.1	562.2
Decrease to contract liabilities	(688.9)	(496.5)
Other adjustments	(0.7)	(0.3)
Contract liability ending balance	338.7	404.6
Gift Card Trade In Credits
Contract With Customer, Contract Liabilities [Roll Forward]
Revenue recognized	$ 41.6	$ 36.6

Fair Value Measurements and F_3

Fair Value Measurements and Financial Instruments - Fair Value of Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - Fair Value, Inputs, Level 2 - Fair Value, Measurements, Recurring - USD ($) $ in Millions	Oct. 30, 2021	Jan. 30, 2021	Oct. 31, 2020
Assets
Foreign currency contracts	$ 4.1	$ 2.5	$ 1.3
Company-owned life insurance	3	2.7	3.2
Total assets	7.1	5.2	4.5
Liabilities
Foreign currency contracts	0.1	2.4	3.2
Nonqualified deferred compensation	0.6	0.6	1
Total liabilities	$ 0.7	$ 3	$ 4.2

Fair Value Measurements and F_4

Fair Value Measurements and Financial Instruments - Narrative (Details) - USD ($) $ in Millions	9 Months Ended
	Oct. 30, 2021	Oct. 31, 2020	Jan. 30, 2021	Jun. 05, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Notional value of foreign currency derivatives	$ 178.7	$ 262.3	$ 206.9
Impairment losses from store closures	0.6	1.6
Impairment charges from assets held for sale		3.2
Assets held-for-sale				$ 8.6
Net carrying value	46.2	$ 485.5	$ 362.7
Unsecured Debt \| French term loans due in 2026
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net carrying value	46.2
Unsecured Debt \| French term loans due in 2026 \| Fair Value, Inputs, Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of debt	$ 38.5

Fair Value Measurements and F_5

Fair Value Measurements and Financial Instruments - Gains and Losses on Derivative Instruments and Foreign Currency Transaction (Details) - Selling, General and Administrative Expense - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Oct. 30, 2021	Oct. 31, 2020	Oct. 30, 2021	Oct. 31, 2020
Fair Value Derivative Contract Assets and Liabilities Measured On Recurring Basis Gain Loss Included In Earnings [Line Items]
Gains (Losses) on changes in fair value of derivative instruments	$ 5.6	$ 0.6	$ 7.2	$ (4.6)
(Losses) gains on re-measurement of intercompany loans and third-party accounts payable denominated in foreign currencies	(4.3)	(0.5)	(4.9)	4.7
Net gains (losses)	$ 1.3	$ 0.1	$ 2.3	$ 0.1

Debt - Schedule of Debt (Detail

Debt - Schedule of Debt (Details) - USD ($) $ in Millions	Oct. 30, 2021	Apr. 30, 2021	Jan. 30, 2021	Oct. 31, 2020
Debt Disclosure [Line Items]
Less: Senior Notes unamortized debt financing costs	$ 0		$ (0.5)	$ (0.7)
Total debt, net	46.2		362.7	485.5
Less: short-term debt and current portion of long-term debt	1.4		146.7	269.5
Long-term debt, net	44.8		216	216
Revolving credit facility due 2022 \| Revolving Credit Facility \| Line of Credit
Debt Disclosure [Line Items]
Principal amount	0		25	25
French term loans due July 2021 \| Unsecured Debt
Debt Disclosure [Line Items]
French Term Loans	46.2		$ 48.6	46.6
6.75% Senior Notes due 2021 \| Senior Notes
Debt Disclosure [Line Items]
Interest rate			6.75%
Principal amount	0		$ 73.2	198.2
10.00% Senior Notes due 2023 \| Senior Notes
Debt Disclosure [Line Items]
Interest rate		10.00%	10.00%
Principal amount	$ 0	$ 216.4	$ 216.4	$ 216.4

Debt - Narrative (Details)

Debt - Narrative (Details) € in Millions, $ in Millions	Nov. 03, 2021USD ($)	Apr. 30, 2021USD ($)	Mar. 15, 2021USD ($)	Jul. 31, 2021loan	Oct. 30, 2021USD ($)	Oct. 31, 2020USD ($)	Jan. 30, 2021USD ($)loan	Oct. 30, 2021EUR (€)	Jan. 30, 2021EUR (€)
Debt Disclosure [Line Items]
Loss (gain) on retirement of debt					$ 18.2	$ (1.5)
Borrowings under revolving line of credit					0	25	$ 25
Repayments of revolver borrowings					25	125
Senior Notes 6.75% due 2021 \| Senior Notes
Debt Disclosure [Line Items]
Repayment of senior notes			$ 73.2
Principal amount					0	198.2	$ 73.2
Interest rate							6.75%		6.75%
Senior Notes 10.00% due 2023 \| Senior Notes
Debt Disclosure [Line Items]
Repayment of senior notes		$ 219.1
Principal amount		$ 216.4			0	$ 216.4	$ 216.4
Interest rate		10.00%					10.00%		10.00%
Loss (gain) on retirement of debt		$ 17.8
Accelerated amortization deferred financing cost		$ 0.4
French Term Loans and Credit Facility \| Unsecured Debt
Debt Disclosure [Line Items]
Principal amount					$ 46.2
Number of separate unsecured term loans \| loan							6
Debt issued \| €									€ 40
Debt instrument, extension term				5 years
Percent guaranteed by French government					90.00%
French term loans due July 2021 \| Unsecured Debt
Debt Disclosure [Line Items]
Number of separate unsecured term loans \| loan				3
Debt issued \| €								€ 20
French term loans due July 2021 \| Unsecured Debt \| Minimum
Debt Disclosure [Line Items]
Interest rate					0.00%			0.00%
French term loans due July 2021 \| Unsecured Debt \| Maximum
Debt Disclosure [Line Items]
Interest rate					0.70%			0.70%
French term loans due October 2021 \| Unsecured Debt
Debt Disclosure [Line Items]
Interest rate					1.00%			1.00%
Number of separate unsecured term loans \| loan				3
Debt issued \| €								€ 20
Revolving credit facility due 2022 \| Line of Credit \| Revolving Credit Facility
Debt Disclosure [Line Items]
Borrowings under revolving line of credit					$ 0
Repayments of revolver borrowings					25
Total availability under the revolver					202.4
Letters of credit outstanding					$ 57.9
Revolving credit facility due 2022 \| Line of Credit \| Revolving Credit Facility \| Subsequent Event
Debt Disclosure [Line Items]
Line of credit, current borrowing capacity	$ 420
Line of credit facility additional borrowing capacity	200
Line of credit, maximum borrowing capacity	100
Incremental FILO facility	$ 50
Revolving credit facility due 2022 \| Line of Credit \| Revolving Credit Facility \| Prime Rate
Debt Disclosure [Line Items]
Applicable margin rate					0.25%			0.25%
Revolving credit facility due 2022 \| Line of Credit \| Revolving Credit Facility \| London Interbank Offered Rate (LIBOR)
Debt Disclosure [Line Items]
Applicable margin rate					1.25%			1.25%
Revolving credit facility due 2022 \| Line of Credit \| Revolving Credit Facility \| Minimum \| Prime Rate \| Subsequent Event
Debt Disclosure [Line Items]
Interest rate margin	0.25%
Revolving credit facility due 2022 \| Line of Credit \| Revolving Credit Facility \| Minimum \| London Interbank Offered Rate (LIBOR) \| Subsequent Event
Debt Disclosure [Line Items]
Interest rate margin	1.25%
Revolving credit facility due 2022 \| Line of Credit \| Revolving Credit Facility \| Maximum \| Prime Rate \| Subsequent Event
Debt Disclosure [Line Items]
Interest rate margin	0.50%
Revolving credit facility due 2022 \| Line of Credit \| Revolving Credit Facility \| Maximum \| London Interbank Offered Rate (LIBOR) \| Subsequent Event
Debt Disclosure [Line Items]
Interest rate margin	1.50%
Revolving credit facility due 2026 \| Line of Credit \| Revolving Credit Facility \| Subsequent Event
Debt Disclosure [Line Items]
Line of credit, current borrowing capacity	$ 500
Line of credit, maximum borrowing capacity	$ 250
Revolving credit facility due 2026 \| Line of Credit \| Revolving Credit Facility \| Minimum \| Prime Rate \| Subsequent Event
Debt Disclosure [Line Items]
Interest rate margin	0.25%
Revolving credit facility due 2026 \| Line of Credit \| Revolving Credit Facility \| Minimum \| London Interbank Offered Rate (LIBOR) \| Subsequent Event
Debt Disclosure [Line Items]
Interest rate margin	1.25%
Revolving credit facility due 2026 \| Line of Credit \| Revolving Credit Facility \| Maximum \| Prime Rate \| Subsequent Event
Debt Disclosure [Line Items]
Interest rate margin	0.50%
Revolving credit facility due 2026 \| Line of Credit \| Revolving Credit Facility \| Maximum \| London Interbank Offered Rate (LIBOR) \| Subsequent Event
Debt Disclosure [Line Items]
Interest rate margin	1.50%
Revolving credit facility due 2026 \| Line of Credit \| Bridge Loan \| Subsequent Event
Debt Disclosure [Line Items]
Line of credit, maximum borrowing capacity	$ 50
Revolving credit facility due 2026 \| Line of Credit \| Canadian revolving \| Subsequent Event
Debt Disclosure [Line Items]
Line of credit, maximum borrowing capacity	$ 50

Commitments and Contingencies (

Commitments and Contingencies (Details) $ in Millions	Oct. 30, 2021USD ($)
Letter of Credit
Line of Credit Facility [Line Items]
Letters of credit outstanding	$ 17.1

Earnings Per Share - Reconcilia

Earnings Per Share - Reconciliation of Common Shares Used in Calculating Basic and Diluted Net Income (Loss) Per Common Share (Details) - shares shares in Millions	3 Months Ended		9 Months Ended
	Oct. 30, 2021	Oct. 31, 2020	Oct. 30, 2021	Oct. 31, 2020
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Weighted-average common shares outstanding (in shares)	75.9	65.2	71.5	64.9
Dilutive effect of stock options, restricted stock and restricted stock units (in shares)	0	0	0	0
Weighted-average diluted common shares outstanding (in shares)	75.9	65.2	71.5	64.9
Restricted Stock Units (RSUs)
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive restricted stock units, restricted stock and stock options (in shares)	0.7	0	0.7	0
Restricted Stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive restricted stock units, restricted stock and stock options (in shares)	0.4	4.6	0.4	4.6
Stock Option
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive restricted stock units, restricted stock and stock options (in shares)	0	0.1	0	0.1

Earnings Per Share - Narrative

Earnings Per Share - Narrative (Details) - Common Class A - shares shares in Millions	Oct. 30, 2021	Jan. 30, 2021	Oct. 31, 2020
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Unvested restricted stock and restricted stock units (in shares)	1.1	4.6	4.6
Common stock and unvested shares of restricted stock (in shares)	77	69.9	69.8
ComputerShare
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Common stock and unvested shares of restricted stock (in shares)	5.2

Segment Information - Narrative

Segment Information - Narrative (Details)	3 Months Ended		9 Months Ended
Segment Information - Narrative (Details)	Oct. 30, 2021location	Oct. 31, 2020location	Oct. 30, 2021segmentlocation	Oct. 31, 2020location
Segment Reporting Information [Line Items]
Number of reportable segments \| segment			4
United States
Segment Reporting Information [Line Items]
Number of states the entity operates	50		50
Europe \| Retail and e-commerce
Segment Reporting Information [Line Items]
Number of countries in which the entity operates, during the period	6	6	6	10

Segment Information - Sales by

Segment Information - Sales by Segment (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Oct. 30, 2021	Oct. 31, 2020	Oct. 30, 2021	Oct. 31, 2020
Segment Reporting Information [Line Items]
Net sales	$ 1,296.6	$ 1,004.7	$ 3,756.8	$ 2,967.7
Operating (loss) earnings	(102.9)	(63)	(201.7)	(256.6)
United States
Segment Reporting Information [Line Items]
Net sales	875.5	664.5	2,636.9	2,009.3
Operating (loss) earnings	(98.5)	(66.8)	(152.3)	(189.6)
Canada
Segment Reporting Information [Line Items]
Net sales	68.3	55.9	193	137.5
Operating (loss) earnings	(1.5)	7.1	(5.2)	(3)
Australia
Segment Reporting Information [Line Items]
Net sales	127.1	111.2	373.1	373.9
Operating (loss) earnings	0.7	10.1	3.9	21.2
Europe
Segment Reporting Information [Line Items]
Net sales	225.7	173.1	553.8	447
Operating (loss) earnings	$ (3.6)	$ (13.4)	$ (48.1)	$ (85.2)

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
Income Taxes (Details) - USD ($) $ in Millions	Oct. 30, 2021	Oct. 31, 2020	Oct. 30, 2021	Oct. 31, 2020
Income Tax Disclosure [Abstract]
Income taxes receivable	$ 157.8	$ 47.8	$ 157.8	$ 47.8
Income tax expense (benefit)	$ 1.7	$ (53.9)	$ 6.1	$ 14.4
Effective tax rate	(1.60%)	74.10%	(2.70%)	(5.10%)