Revenue

9 Months Ended

Oct. 29, 2022

Revenue from Contract with Customer [Abstract]

Revenue

REVENUE

DISAGGREGATION OF NET SALES

Net Sales by Brand Categories- The following table presents net sales disaggregated by brand categories for each segment:

(in thousands)	U.S. Retail		Canada Retail		Brand Portfolio		Eliminations		Consolidated
Three months ended October 29, 2022
Owned Brands:(1)
Direct-to-consumer	$	153,311	$	—	$	9,810	$	—	$	163,121
External customer wholesale and commission income	—		—		66,530		—		66,530
Intersegment wholesale and commission income	—		—		31,118		(31,118)		—
Total Owned Brands	153,311		—		107,458		(31,118)		229,651
National brands	553,080		—		—		—		553,080
Canada Retail(2)	—		82,289		—		—		82,289
Total net sales	$	706,391	$	82,289	$	107,458	$	(31,118)	$	865,020
Three months ended October 30, 2021
Owned Brands:(1)
Direct-to-consumer	$	114,702	$	—	$	7,726	$	—	$	122,428
External customer wholesale and commission income	—		—		61,341		—		61,341
Intersegment wholesale and commission income	—		—		34,852		(34,852)		—
Total Owned Brands	114,702		—		103,919		(34,852)		183,769
National brands	594,906		—		—		—		594,906
Canada Retail(2)	—		74,792		—		—		74,792
Total net sales	$	709,608	$	74,792	$	103,919	$	(34,852)	$	853,467

(in thousands)	U.S. Retail		Canada Retail		Brand Portfolio		Eliminations		Consolidated
Nine months ended October 29, 2022
Owned Brands:(1)
Direct-to-consumer	$	440,343	$	—	$	24,130	$	—	$	464,473
External customer wholesale and commission income	—		—		170,665		—		170,665
Intersegment wholesale and commission income	—		—		76,470		(76,470)		—
Total Owned Brands	440,343		—		271,265		(76,470)		635,138
National brands	1,702,856		—		—		—		1,702,856
Canada Retail(2)	—		216,888		—		—		216,888
Total net sales	$	2,143,199	$	216,888	$	271,265	$	(76,470)	$	2,554,882
Nine months ended October 30, 2021
Owned Brands:(1)
Direct-to-consumer	$	300,120	$	—	$	18,616	$	—	$	318,736
External customer wholesale and commission income	—		—		129,001		—		129,001
Intersegment wholesale and commission income	—		—		64,258		(64,258)		—
Total Owned Brands	300,120		—		211,875		(64,258)		447,737
National brands	1,753,239		—		—		—		1,753,239
Canada Retail(2)	—		172,981		—		—		172,981
Total net sales	$	2,053,359	$	172,981	$	211,875	$	(64,258)	$	2,373,957

(1)    Owned Brands refers to those brands we have rights to sell through ownership or license arrangements.

(2)    We currently do not report the Canada Retail segment net sales by brand categories.

Net Sales by Product and Service Categories- The following table presents net sales disaggregated by product and service

category for each segment:

	Three months ended				Nine months ended
(in thousands)	October 29, 2022		October 30, 2021		October 29, 2022		October 30, 2021
Net sales:
U.S. Retail segment:
Women's footwear	$	450,130	$	448,879	$	1,394,340	$	1,321,697
Men's footwear	151,106		154,523		461,035		454,688
Kids' footwear	65,638		69,159		171,742		178,003
Accessories and other	39,517		37,047		116,082		98,971
	706,391		709,608		2,143,199		2,053,359
Canada Retail segment:
Women's footwear	41,381		34,495		115,187		85,156
Men's footwear	20,334		17,963		56,224		43,296
Kids' footwear	17,291		19,607		36,700		38,674
Accessories and other	3,283		2,727		8,777		5,855
	82,289		74,792		216,888		172,981
Brand Portfolio segment:
Wholesale	95,837		90,558		237,748		181,916
First Cost commission income	1,811		5,635		9,387		11,343
Direct-to-consumer	9,810		7,726		24,130		18,616
	107,458		103,919		271,265		211,875
Total segment net sales	896,138		888,319		2,631,352		2,438,215
Elimination of intersegment sales	(31,118)		(34,852)		(76,470)		(64,258)
Total net sales	$	865,020	$	853,467	$	2,554,882	$	2,373,957

DEFERRED REVENUE LIABILITIES

We record deferred revenue liabilities, included in accrued expenses on the condensed consolidated balance sheets, for remaining obligations we have to our customers. The following table presents the changes and total balances for gift cards and our loyalty programs:

	Three months ended				Nine months ended
(in thousands)	October 29, 2022		October 30, 2021		October 29, 2022		October 30, 2021
Gift cards:
Beginning of period	$	30,118	$	28,691	$	36,783	$	34,442
Gift cards redeemed and breakage recognized to net sales	(14,341)		(14,483)		(50,896)		(50,863)
Gift cards issued	12,312		12,966		42,202		43,595
End of period	$	28,089	$	27,174	$	28,089	$	27,174
Loyalty programs:
Beginning of period	$	16,788	$	15,255	$	15,736	$	11,379
Loyalty certificates redeemed and expired and other adjustments recognized to net sales	(7,974)		(9,025)		(24,034)		(19,929)
Deferred revenue for loyalty points issued	8,795		10,365		25,907		25,145
End of period	$	17,609	$	16,595	$	17,609	$	16,595