Segment Reporting (Tables)

6 Months Ended

Aug. 04, 2018

Segment Reporting [Abstract]

Summary of Statements of Operations Metrics Reviewed by CODM to Evaluate Performance Internally or As required under ASC 280 - Segment Reporting

The following tables present the statements of operations metrics reviewed by the CODM to evaluate performance internally or as required under ASC 280—Segment Reporting (in thousands):

	Three Months Ended
	August 4,						July 29,
	2018						2017
	RH Segment		Waterworks		Total		RH Segment		Waterworks		Total
Net revenues	$	607,604	$	33,194	$	640,798	$	583,793	$	31,533	$	615,326
Gross profit		258,181		13,419		271,600		192,996		12,817		205,813
Depreciation and amortization		16,638		1,118		17,756		15,386		1,140		16,526

	Six Months Ended
	August 4,						July 29,
	2018						2017
	RH Segment		Waterworks		Total		RH Segment		Waterworks		Total
Net revenues	$	1,133,611	$	64,593	$	1,198,204	$	1,117,321	$	60,085	$	1,177,406
Gross profit		457,216		26,419		483,635		352,623		23,446		376,069
Depreciation and amortization		32,573		2,230		34,803		30,287		2,259		32,546

Summary of Balance Sheet Metrics as Required Under ASC 280 - Segment Reporting

The following table presents the balance sheet metrics as required under ASC 280—Segment Reporting (in thousands):

	August 4,						February 3,
	2018						2018
	RH Segment		Waterworks		Total		RH Segment		Waterworks		Total
Goodwill (1)	$	124,390	$	17,445	$	141,835	$	124,448	$	17,445	$	141,893
Trademarks and domain names		48,563		52,100		100,663		48,563		52,100		100,663
Total assets		1,685,089		129,018		1,814,107		1,608,290		124,576		1,732,866

(1) The Waterworks reporting unit goodwill is presented net of an impairment charge of $33.7 million, which was recorded in fiscal 2017.

Schedule of Segment Operating Income (Loss) and Income (Loss) Before Tax

The following table presents segment operating income (loss) and income (loss) before tax (in thousands):

	Three Months Ended						Six Months Ended
	August 4,			July 29,			August 4,			July 29,
	2018			2017			2018			2017
Operating income (loss):
RH Segment	$	78,777		$	39,550		$	132,673		$	49,608
Waterworks		241			358			(275	)		(1,424	)
Legal settlement		7,204			—			5,289			—
Distribution center closures		—			—			2,072			—
Recall accrual		1,064			(4,733	)		1,318			(4,733	)
Reorganization related costs		(1,721	)		—			(1,721	)		—
Impact of inventory step-up		(190	)		(480	)		(380	)		(1,860	)
Non-cash compensation		—			(23,872	)		—			(23,872	)
Gain on sale of building and land		—			1,300			—			1,300
Operating income		85,375			12,123			138,976			19,019
Interest expense—net		17,480			14,402			34,515			26,581
Loss on extinguishment of debt		917			—			917			—
Income (loss) before tax	$	66,978		$	(2,279	)	$	103,544		$	(7,562	)

Net Revenues

Net revenues in each category were as follows (in thousands):

	Three Months Ended				Six Months Ended
	August 4,		July 29,		August 4,		July 29,
	2018		2017		2018		2017
Furniture	$	430,196	$	388,983	$	782,842	$	741,939
Non-furniture		210,602		226,343		415,362		435,467
Total net revenues	$	640,798	$	615,326	$	1,198,204	$	1,177,406