Segments and Disaggregated Revenue

12 Months Ended

Jan. 29, 2022

Segment Reporting [Abstract]

Segments and Disaggregated Revenue

Note 12—Segments and Disaggregated Revenue

The Company conducts its business activities and reports financial results as one operating segment and one reportable segment, which includes the Company’s store locations and integrated omni-channel operations. Due to its integrated omni-channel strategy, the Company views omni-channel sales as an extension of its physical store locations. The presentation of financial results as one reportable segment is consistent with the way the Company operates its business and is consistent with the manner in which the Chief Operating Decision Maker (“CODM”) makes decisions about allocating resources and assessing performance. Furthermore, the Company notes that monitoring financial results as one reportable segment helps the CODM manage costs on a consolidated basis, consistent with the integrated nature of its operations.

The following table shows revenue by product category:

	Fiscal Year Ended
	January 29, 2022		January 30, 2021		February 1, 2020
	(Dollars in millions)
Sewing	$	1,036.5	$	1,319.9	$	1,044.2
Arts and Crafts and Home Décor		1,345.9		1,392.8		1,155.6
Other		35.2		49.6		41.4
Total	$	2,417.6	$	2,762.3	$	2,241.2

Substantially all of the Company’s identifiable assets are located in the United States. The Company does not have significant sales outside the United States, nor does any customer represent more than 10 percent of total revenues for any period presented.