XML 31 R2.htm IDEA: XBRL DOCUMENT v3.23.1
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Apr. 29, 2023
Apr. 30, 2022
Net sales $ 742,082 $ 830,543
Gross profit 237,739 275,745
Operating expenses (220,119) (223,426)
Income from equity investments 2,331 1,945
Impairment charges (341) (1,072)
Operating profit 19,610 53,192
Interest expense, net (6,597) (2,952)
Loss on extinguishment of debt and write-off of debt issuance costs 0 (12,862)
Non-operating income (expenses), net (334) 6
Income before income taxes 12,679 37,384
Income tax provision (1,306) (11,202)
Net income 11,373 26,182
Net loss attributable to redeemable noncontrolling interest 42 0
Net income attributable to Designer Brands Inc. $ 11,415 $ 26,182
Earnings per share attributable to Designer Brands Inc.:    
Basic earnings per share $ 0.18 $ 0.36
Diluted earnings per share $ 0.17 $ 0.34
Weighted average shares used in per share calculations:    
Basic shares 64,371 72,923
Diluted shares 67,042 76,924
Product    
Net sales $ 742,082 $ 830,543
Cost of sales $ (504,343) $ (554,798)