SEGMENTED INFORMATION AND DISAGGREGATED NET REVENUE

3 Months Ended

May 03, 2020

Segment Reporting [Abstract]

SEGMENTED INFORMATION AND DISAGGREGATED NET REVENUE

SEGMENTED INFORMATION AND DISAGGREGATED NET REVENUE

The Company applies ASC Topic 280, Segment Reporting ("ASC 280"), in determining reportable segments for its financial statement disclosure. The Company reports segments based on the financial information it uses in managing its business. The Company's reportable segments are comprised of company-operated stores and direct to consumer. Direct to consumer represents sales from the Company's e-commerce websites and mobile apps. Outlets, temporary locations, sales to wholesale accounts, license and supply arrangements, and warehouse sale net revenue have been combined into other. During the first quarter of fiscal 2020, the Company reviewed its segment and general corporate expenses and determined certain costs that are more appropriately classified in different categories. Accordingly, comparative figures have been reclassified to conform to the financial presentation adopted for the current year.

	Quarter Ended
	May 3, 2020			May 5, 2019
	(In thousands)
Net revenue:
Company-operated stores	$	259,970		$	506,422
Direct to consumer	352,039			209,844
Other	39,953			66,049
	$	651,962		$	782,315
Segmented income (loss) from operations:
Company-operated stores	$	(30,154	)	$	120,911
Direct to consumer	156,947			79,337
Other	(269		)	12,623
	126,524			212,871
General corporate expense	93,773			84,059
Income from operations	32,751			128,812
Other income (expense), net	1,174			2,379
Income before income tax expense	$	33,925		$	131,191
Capital expenditures:
Company-operated stores	$	33,819		$	38,710
Direct to consumer	2,298			6,226
Corporate and other	15,984			23,498
	$	52,101		$	68,434
Depreciation and amortization:
Company-operated stores	$	25,628		$	21,060
Direct to consumer	2,684			2,462
Corporate and other	15,220			9,301
	$	43,532		$	32,823

The following table disaggregates the Company's net revenue by geographic area.

	Quarter Ended
	May 3, 2020		May 5, 2019
	(In thousands)
United States	$	459,352	$	553,647
Canada	99,497		123,645
Outside of North America	93,113		105,023
	$	651,962	$	782,315

The following table disaggregates the Company's net revenue by category.

	Quarter Ended
	May 3, 2020		May 5, 2019
	(In thousands)
Women's product	$	480,313	$	562,983
Men's product	129,129		170,219
Other categories	42,520		49,113
	$	651,962	$	782,315