Revenues (Tables)

12 Months Ended

Feb. 02, 2019

Revenue from Contract with Customer [Abstract]

Schedule of Impact of the Adoption of Topic 606

The impact of all changes related to Topic 606 to the consolidated statement of earnings (loss) for 2018 was as follows:

	2018
($ thousands)	As reported		Balances without the adoption of Topic 606		Effect of change (Lower)/Higher
Statement of Earnings (Loss)
Net sales	$	2,834,846	$	2,837,738	$	(2,892	)
Cost of goods sold	1,678,502		1,678,363		139
Gross profit	1,156,344		1,159,375		(3,031		)
Selling and administrative expenses	1,041,765		1,044,440		(2,675		)
Impairment of goodwill and intangible assets	98,044		98,044		—
Restructuring and other special charges, net	16,134		16,134		—
Operating earnings	$	401	$	757	$	(356	)

The impact of the adoption of Topic 606 on the consolidated balance sheet as of February 2, 2019 was as follows:

	February 2, 2019
($ thousands)	As reported		Balances without adoption of Topic 606		Effect of change Higher/(Lower)
Balance Sheet
Assets
Current assets:
Receivables, net	$	191,722	$	183,107	$	8,615
Inventories, net	683,171		690,655		(7,484		)
Prepaid and other current assets	66,479		59,132		7,347
Liabilities
Current liabilities:
Income taxes	6,388		8,195		(1,807		)
Other accrued expenses	137,057		120,233		16,824
Equity
Retained earnings	519,346		524,263		(4,917		)

Schedule of Disaggregation of Revenue

The following table disaggregates revenue by segment and major source for 2018:

	2018
($ thousands)	Famous Footwear		Brand Portfolio		Total
Retail stores	$	1,469,857	$	166,903	$	1,636,760
Landed wholesale	—		762,994		762,994
First-cost wholesale	—		94,734		94,734
E-commerce	136,327		186,599		322,926
Licensing and royalty	—		16,501		16,501
Other (1)	624		307		931
Net sales	$	1,606,808	$	1,228,038	$	2,834,846
(1) Includes breakage revenue from unredeemed gift cards.

Schedule of Contract Balances

Information about significant contract balances from contracts with customers is as follows:

($ thousands)	February 2, 2019		February 3, 2018
Customer allowances and discounts	$	25,090	$	20,259
Rewards program liability	14,637		8,130
Returns reserve	13,841		8,332
Gift card liability	5,426		5,509