Segment Reporting

3 Months Ended

Apr. 30, 2011

Segment Reporting [Abstract]

Segment Reporting

Note 10 — Segment Reporting

The Company has four reporting segments: (i) Payless Domestic, (ii) Payless International, (iii) PLG Wholesale and (iv) PLG Retail. The Company has defined its reporting segments as follows:

(i)	The Payless Domestic reporting segment is comprised primarily of domestic retail stores under the Payless ShoeSource name, the Company’s sourcing unit and Collective Licensing.
(ii)	The Payless International reporting segment is comprised of international retail stores under the Payless ShoeSource name in Canada, the South American Region, the Central American Region, Puerto Rico, and the U.S. Virgin Islands, as well as franchising arrangements under the Payless ShoeSource name.
(iii)	The PLG Wholesale reporting segment consists of PLG’s global wholesale operations.
(iv)	The PLG Retail reporting segment consists of PLG’s owned Stride Rite children’s stores, PLG’s outlet stores, store-in-stores at select Macy’s Department Stores and Sperry Top-Sider retail stores.

Payless International’s operations in the Central American and South American Regions are operated as joint ventures in which the Company maintains a 60% ownership interest. Noncontrolling interest represents the Company’s joint venture partners’ share of net earnings or losses on applicable international operations. Certain management costs for services performed by Payless Domestic and certain royalty fees and sourcing fees charged by Payless Domestic are allocated to the Payless International segment. These total costs and fees amounted to $8.8 million and $8.8 million during the thirteen weeks ended April 30, 2011 and May 1, 2010, respectively. The reporting period for operations in the Central and South American Regions use a December 31 year-end. The effect of this one-month lag on the Company’s financial position and results of operations is not significant. All intercompany amounts have been eliminated. Information on the Company’s reporting segments is as follows:

	13 Weeks Ended
	April 30,		May 1,
(dollars in millions)	2011		2010
Reporting segment net sales:
Payless Domestic	$	498.4	$	546.6
Payless International		97.5		100.0
PLG Wholesale		212.5		173.4
PLG Retail		60.6		58.8
Total net sales	$	869.0	$	878.8
Reporting segment operating profit:
Payless Domestic	$	13.0	$	49.3
Payless International		3.0		7.1
PLG Wholesale		25.3		23.3
PLG Retail		1.1		1.9
Total operating profit	$	42.4	$	81.6

	April 30,		May 1,		January 29,
(dollars in millions)	2011		2010		2011
Reporting segment total assets:
Payless Domestic	$	1,039.9	$	1,138.2	$	1,039.3
Payless International		253.3		215.3		258.4
PLG Wholesale		916.3		860.4		905.3
PLG Retail		74.1		66.3		65.5
Total assets	$	2,283.6	$	2,280.2	$	2,268.5