Business Segment Information

6 Months Ended

Aug. 04, 2018

Segment Reporting [Abstract]

Business Segment Information

Note 7 Business Segment Information

Following is a summary of certain key financial measures for the Company’s business segments for the periods ended August 4, 2018 and July 29, 2017:  

	Famous Footwear		Brand Portfolio
($ thousands)					Other			Total
Thirteen Weeks Ended August 4, 2018
External sales	$	429,472	$	277,140	$	—		$	706,612
Intersegment sales	—		27,881		—			27,881
Operating earnings (loss)	33,240		13,607		(14,704		)	32,143
Segment assets	650,366		860,093		183,186			1,693,645
Thirteen Weeks Ended July 29, 2017
External sales	$	404,930	$	272,024	$	—		$	676,954
Intersegment sales	—		29,850		—			29,850
Operating earnings (loss)	25,112		15,916		(12,602		)	28,426
Segment assets	636,399		839,674		108,084			1,584,157
Twenty-Six Weeks Ended August 4, 2018
External sales	$	792,883	$	545,871	$	—		$	1,338,754
Intersegment sales	—		42,656		—			42,656
Operating earnings (loss)	55,097		26,094		(26,101		)	55,090
Twenty-Six Weeks Ended July 29, 2017
External sales	$	771,424	$	537,039	$	—		$	1,308,463
Intersegment sales	—		44,550		—			44,550
Operating earnings (loss)	45,391		29,230		(22,906		)	51,715

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						Twenty-Six Weeks Ended
($ thousands)	August 4, 2018			July 29, 2017			August 4, 2018			July 29, 2017
Operating earnings	$	32,143		$	28,426		$	55,090		$	51,715
Interest expense, net	(3,602		)	(4,375		)	(7,285		)	(9,184		)
Other income, net	3,078			2,670			6,169			5,106
Earnings before income taxes	$	31,619		$	26,721		$	53,974		$	47,637