Business Segment Information

3 Months Ended

May 02, 2015

Segment Reporting [Abstract]

Business Segment Information

Note 6 Business Segment Information

During the fourth quarter of 2014, following the sale of Shoes.com, the Company revised its reportable segments. This change reflects the Company's omni-channel approach to managing its branded footwear business across all distribution channels.

Following is a summary of certain key financial measures for the Company’s business segments for the periods ended May 2, 2015 and May 3, 2014.  

	Famous Footwear		Brand Portfolio
($ thousands)					Other			Total
Thirteen Weeks Ended May 2, 2015
External sales	$	360,020	$	242,263	$	—		$	602,283
Intersegment sales	—		17,326		—			17,326
Operating earnings (loss)	27,960		11,060		(8,684		)	30,336
Segment assets	486,585		450,600		226,489			1,163,674
Thirteen Weeks Ended May 3, 2014
External sales	$	366,726	$	224,436	$	—		$	591,162
Intersegment sales	—		20,550		—			20,550
Operating earnings (loss)	26,730		11,203		(9,207		)	28,726
Segment assets	515,852		459,304		133,806			1,108,962

The Other category includes corporate assets, administrative expenses and other costs and recoveries, which are not allocated to the operating segments.  

Following is a reconciliation of operating earnings to earnings before income taxes:  

	Thirteen Weeks Ended
($ thousands)	May 2, 2015			May 3, 2014
Operating earnings	$	30,336		$	28,726
Interest expense	(4,463		)	(5,306		)
Interest income	304			76
Earnings before income taxes	$	26,177		$	23,496