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Segment Information (Tables)
 6 Months Ended
Feb. 01, 2020
Segment Reporting [Abstract]  
Segment Reporting Disclosure
For a more detailed description of each brand’s products and markets in which they serve, see Part I, Item 1 “Business” in our Annual Report on Form 10-K for the fiscal year ended August 3, 2019 (the “Fiscal 2019 10-K”). The Company’s brands had the following store counts as of February 1, 2020:
Justice
 
Lane Bryant
 
LOFT
 
Catherines
 
Ann Taylor
 
Total
820
 
688
 
666
 
299
 
291
 
2,764
Net sales, operating loss and depreciation and amortization expense for each reportable operating segment are as follows:
 
Three Months Ended
 
Six Months Ended
 
February 1,
2020
 
February 2,
2019
 
February 1,
2020
 
February 2,
2019
 
(millions)
 
(millions)
Net sales:
 

 
 

 
 
 
 
Premium Fashion 
$
624.1

 
$
638.9

 
$
1,209.1

 
$
1,234.9

Plus Fashion
318.6

 
305.8

 
598.4

 
591.2

Kids Fashion
274.2

 
326.7

 
529.0

 
592.7

Total net sales
$
1,216.9

 
$
1,271.4

 
$
2,336.5

 
$
2,418.8

 
 
 
 
 
 
 
 
Operating income (loss) (a):
 

 
 

 
  

 
 
Premium Fashion
$
8.9

 
$
(5.1
)
 
$
39.0

 
$
32.0

Plus Fashion
(9.7
)
 
(34.0
)
 
(15.6
)
 
(60.3
)
Kids Fashion
(29.7
)
 
(11.3
)
 
(35.6
)
 
(12.9
)
Unallocated restructuring and other related charges (b)
0.5

 
(13.5
)
 
(3.3
)
 
(21.4
)
Impairment of goodwill
(63.4
)
 
—

 
(63.4
)
 
—

Impairment of other intangible and other intangible assets
(46.9
)
 
—

 
(46.9
)
 
—

Total operating loss
$
(140.3
)
 
$
(63.9
)
 
$
(125.8
)
 
$
(62.6
)
 
 
 
 
 
 
 
 
Depreciation and amortization expense:
 

 
 

 
  

 
 
Premium Fashion
$
30.5

 
$
34.5

 
$
62.2

 
$
68.6

Plus Fashion
16.7

 
18.9

 
34.1

 
37.4

Kids Fashion
17.2

 
18.0

 
35.3

 
36.0

Total depreciation and amortization expense
$
64.4

 
$
71.4

 
$
131.6

 
$
142.0


(a) For the three and six months ended February 1, 2020 and February 2, 2019, respectively, the maurices and Dressbarn businesses were classified as discontinued operations within the condensed consolidated financial statements. As a result, shared expenses of $18.3 million for the six months ended February 1, 2020, as well as $45.6 million and $89.4 million for the three and six months ended February 2, 2019, which were previously allocated to maurices and Dressbarn have been reallocated to the remaining operating units.
(b) Restructuring and other related charges are as follows:
 
Three Months Ended
 
Six Months Ended
 
February 1,
2020
 
February 2,
2019
 
February 1,
2020
 
February 2,
2019
 
(millions)
 
(millions)
Cash related charges (i):
 

 
 

 
 
 
 
   Severance and benefit costs:
 
 
 
 
 
 
 
 Premium Fashion
$
—

 
$
0.2

 
$
(0.4
)
 
$
0.2

 Plus Fashion
(0.2
)
 
0.1

 
(0.5
)
 
0.1

 Kids Fashion
—

 
0.1

 
(0.1
)
 
—

      Corporate
(0.7
)
 
(0.1
)
 
3.9

 
(0.5
)
Total severance and benefit costs
(0.9
)
 
0.3

 
2.9

 
(0.2
)
Professional fees and other related charges:
 
 
 
 
 
 
 
Plus Fashion
—

 
—

 
—

 
(0.1
)
Corporate
0.4

 
13.2

 
0.4

 
21.7

Total professional fees and other related charges
0.4

 
13.2

 
0.4

 
21.6

Total restructuring and other related charges
$
(0.5
)
 
$
13.5


$
3.3

 
$
21.4

(i) The charges incurred under the Company’s cost reduction initiatives are more fully described in Note 8.
Restructuring and Other Related Charges
Charges related to the Dressbarn wind down are included in discontinued operations. Activity for the three and six months ended February 2, 2019 reflects actions under the Change for Growth program.
 
Three Months Ended
 
Six Months Ended
 
February 1,
2020
 
February 2,
2019
 
February 1,
2020
 
February 2,
2019
 
(millions)
 
(millions)
Cash restructuring charges:
 
 
 
 
 
 
 
   Severance and benefit costs (a)
$
(0.9
)
 
$
0.3

 
$
2.9

 
$
(0.2
)
   Other related charges (b)
0.4

 
13.2

 
0.4

 
21.6

Total restructuring and other related charges
$
(0.5
)
 
$
13.5

 
$
3.3

 
$
21.4

_______
(a) Severance and benefit costs reflect additional severance accruals associated with previously announced initiatives, as well as adjustments to true up estimates of previously accrued severance-related costs to reflect amounts actually paid.
(b) Other related charges in Fiscal 2019 consist of professional fees and other third-party costs incurred in connection with the Change for Growth program.

Restructuring and other related charges are as follows:
 
Three Months Ended
 
Six Months Ended
 
February 1,
2020
 
February 2,
2019
 
February 1,
2020
 
February 2,
2019
 
(millions)
 
(millions)
Cash related charges (i):
 

 
 

 
 
 
 
   Severance and benefit costs:
 
 
 
 
 
 
 
 Premium Fashion
$
—

 
$
0.2

 
$
(0.4
)
 
$
0.2

 Plus Fashion
(0.2
)
 
0.1

 
(0.5
)
 
0.1

 Kids Fashion
—

 
0.1

 
(0.1
)
 
—

      Corporate
(0.7
)
 
(0.1
)
 
3.9

 
(0.5
)
Total severance and benefit costs
(0.9
)
 
0.3

 
2.9

 
(0.2
)
Professional fees and other related charges:
 
 
 
 
 
 
 
Plus Fashion
—

 
—

 
—

 
(0.1
)
Corporate
0.4

 
13.2

 
0.4

 
21.7

Total professional fees and other related charges
0.4

 
13.2

 
0.4

 
21.6

Total restructuring and other related charges
$
(0.5
)
 
$
13.5


$
3.3

 
$
21.4

(i) The charges incurred under the Company’s cost reduction initiatives are more fully described in Note 8.