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Business Segment Information
 12 Months Ended
Jan. 28, 2017
Segment Reporting [Abstract]  
Business Segment Information
Business Segment Information

During Fiscal 2017, the Company operated five reportable business segments (not including corporate): (i) Journeys Group, comprised of the Journeys, Journeys Kidz, Shi by Journeys, Little Burgundy and Underground by Journeys retail footwear chains, e-commerce operations and catalog; (ii) Schuh Group, comprised of the Schuh retail footwear chain and e-commerce operations; (iii) Lids Sports Group, comprised primarily of the Lids retail headwear stores, the Lids Locker Room and Lids Clubhouse fan shops (operated under various trade names), licensed team merchandise departments in Macy's department stores operated under the name of Locker Room by Lids under a license agreement with Macy's, and certain e-commerce operations (an athletic team dealer business operating as Lids Team Sports was sold in the fourth quarter of Fiscal 2016); (iv) Johnston & Murphy Group, comprised of Johnston & Murphy retail operations, e-commerce operations, catalog and wholesale distribution of products under the Johnston & Murphy® and H.S. Trask® brands; and (v) Licensed Brands, comprised of Dockers® Footwear, sourced and marketed under a license from Levi Strauss & Company; SureGrip® Footwear which was sold in the fourth quarter of Fiscal 2017; G. H. Bass Footwear operated under a license from G-III Apparel Group, Ltd.; and other brands.

The accounting policies of the segments are the same as those described in the summary of significant accounting policies.

The Company's reportable segments are based on management's organization of the segments in order to make operating decisions and assess performance along types of products sold. Journeys Group, Schuh Group and Lids Sports Group sell primarily branded products from other companies while Johnston & Murphy Group and Licensed Brands sell primarily the Company's owned and licensed
brands.

Corporate assets include cash, domestic prepaid rent expense, prepaid income taxes, deferred income taxes, deferred note expense on revolver debt and corporate fixed assets. The Company charges allocated retail costs of distribution to each segment. The Company does not allocate certain costs to each segment in order to make decisions and assess performance. These costs include corporate overhead, interest expense, interest income, asset impairment charges and other, including major litigation and major lease terminations.
















Note 14
Business Segment Information, Continued
Fiscal 2017
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Journeys
Group    
 
Schuh Group
 
Lids Sports
Group
 
Johnston
& Murphy
Group
 
Licensed
Brands
 
Corporate
& Other
 
Consolidated

In thousands
 
 
 
 
 
 
Sales
$
1,251,646

 
$
372,872

 
$
847,510

 
$
289,324

 
$
107,210

 
$
617

 
$
2,869,179

Intercompany sales
—


—

 
—

 
—

 
(838
)
 
—

 
(838
)
Net sales to external customers
$
1,251,646

 
$
372,872

 
$
847,510

 
$
289,324

 
$
106,372

 
$
617

 
$
2,868,341

Segment operating income (loss)
$
85,875

 
$
20,530

 
$
41,563

 
$
19,682

 
$
4,566

 
$
(31,058
)
 
$
141,158

Asset Impairments and other*
—

 
—

 
—

 
—

 
—

 
802

 
802

Earnings (loss) from operations
85,875

 
20,530

 
41,563

 
19,682

 
4,566

 
(30,256
)
 
141,960

Gain on sale of SureGrip Footwear
—

 
—

 
—

 
—

 
—

 
12,297

 
12,297

Gain on sale of Lids Team Sports
—

 
—

 
—

 
—

 
—

 
2,404

 
2,404

Interest expense
—

 
—

 
—

 
—

 
—

 
(5,294
)
 
(5,294
)
Interest income
—

 
—

 
—

 
—

 
—

 
47

 
47

Earnings (loss) from continuing
operations before income taxes
$
85,875

 
$
20,530

 
$
41,563

 
$
19,682

 
$
4,566

 
$
(20,802
)
 
$
151,414

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total assets**
$
404,773

 
$
214,886

 
$
519,912

 
$
126,559

 
$
40,357

 
$
142,419

 
$
1,448,906

Depreciation and amortization
24,235

 
14,003

 
26,533

 
5,987

 
995

 
4,015

 
75,768

Capital expenditures
50,259

 
11,236

 
21,123

 
9,221

 
760

 
1,371

 
93,970


 *Asset Impairments and other includes an $(8.9) million gain for network intrusion expenses as a result of a litigation settlement and a $(0.7) million gain for other legal matters, partially offset by a $6.4 million charge for asset impairments, of which $5.1 million is in the Lids Sports Group, $0.8 million is in the Schuh Group and $0.5 million is in the Journeys Group and a $2.5 million charge for pension settlement expenses.

**Total assets for the Lids Sports Group, Schuh Group and Journeys Group include $181.6 million, $79.8 million and $9.8 million of goodwill, respectively. Goodwill for Lids Sports Group and Journeys Group increased $0.7 million and $0.4 million, respectively, due to foreign currency translation adjustments. Goodwill for Schuh Group decreased by $10.5 million due to foreign currency translation adjustments. Goodwill for Licensed Brands decreased $0.8 million due to the sale of SureGrip Footwear in the fourth quarter of Fiscal 2017. Of the Company's $330.6 million of long-lived assets, $54.3 million and $21.0 million relate to long-lived assets in the United Kingdom and Canada, respectively.















Note 14
Business Segment Information, Continued
Fiscal 2016
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Journeys
Group    
 
Schuh Group
 
Lids Sports
Group
 
Johnston
& Murphy
Group
 
Licensed
Brands
 
Corporate
& Other
 
Consolidated
In thousands
 
 
 
 
 
 
Sales
$
1,251,637

 
$
405,674

 
$
976,372

 
$
278,681

 
$
110,655

 
$
912

 
$
3,023,931

Intercompany sales
—

 
—

 
(868
)
 
—

 
(829
)
 
—

 
(1,697
)
Net sales to external customers
$
1,251,637

 
$
405,674

 
$
975,504

 
$
278,681

 
$
109,826

 
$
912

 
$
3,022,234

Segment operating income (loss)
$
126,248

 
$
19,124

 
$
17,040

 
$
17,761

 
$
9,236

 
$
(30,265
)
 
$
159,144

Asset Impairments and other*
—

 
—

 
—

 
—

 
—

 
(7,893
)
 
(7,893
)
Earnings (loss) from operations
126,248

 
19,124

 
17,040

 
17,761

 
9,236

 
(38,158
)
 
151,251

Gain on sale of Lids Team Sports
—

 
—

 
—

 
—

 
—

 
4,685

 
4,685

Interest expense
—

 
—

 
—

 
—

 
—

 
(4,414
)
 
(4,414
)
Interest income
—

 
—

 
—

 
—

 
—

 
11

 
11

Earnings (loss) from continuing
operations before income taxes
$
126,248

 
$
19,124

 
$
17,040

 
$
17,761

 
$
9,236

 
$
(37,876
)
 
$
151,533

Total assets**
$
349,021

 
$
241,924

 
$
517,284

 
$
118,913

 
$
50,718

 
$
263,330

 
$
1,541,190

Depreciation and amortization
22,504

 
14,814

 
30,196

 
5,677

 
911

 
4,909

 
79,011

Capital expenditures
33,251

 
19,065

 
37,396

 
7,796

 
774

 
2,370

 
100,652


 *Asset Impairments and other includes a $3.1 million charge for asset impairments, of which $2.7 million is in the Lids Sports Group and $0.4 million is in the Schuh Group, a $2.5 million charge for asset write-downs, a $2.2 million charge for network intrusion expenses and a $0.1 million charge for other legal matters.

**Total assets for the Lids Sports Group, Schuh Group, Journeys Group and Licensed Brands include $180.9 million, $90.3 million, $9.4 million and $0.8 million of goodwill, respectively. Goodwill for Lids Sports Group decreased $19.2 million due to the sale of Lids Team Sports in the fourth quarter of Fiscal 2016. Goodwill for Schuh Group decreased by $5.7 million due to foreign currency translation adjustment. Goodwill for Journeys Group increased $9.4 million due to the acquisition of Little Burgundy in the fourth quarter of Fiscal 2016. Of the Company's $323.3 million of long-lived assets, $64.7 million and $18.3 million relate to long-lived assets in the United Kingdom and Canada, respectively.

Note 14
Business Segment Information, Continued
Fiscal 2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Journeys
Group    
 
Schuh Group
 
Lids Sports
Group
 
Johnston
& Murphy
Group
 
Licensed
Brands
 
Corporate
& Other
 
Consolidated
In thousands
 
 
 
 
 
 
Sales
$
1,179,476

 
$
406,947

 
$
903,451

 
$
259,675

 
$
110,896

 
$
970

 
$
2,861,415

Intercompany sales
—

 
—

 
(790
)
 
—

 
(781
)
 
—

 
(1,571
)
Net sales to external customers
$
1,179,476

 
$
406,947

 
$
902,661

 
$
259,675

 
$
110,115

 
$
970

 
$
2,859,844

Segment operating income (loss)
$
114,784

 
$
10,110

 
$
48,970

 
$
14,856

 
$
10,459

 
$
(29,632
)
 
$
169,547

Asset Impairments and other*
—

 
—

 
—

 
—

 
—

 
(2,281
)
 
(2,281
)
Earnings (loss) from operations
114,784

 
10,110

 
48,970

 
14,856

 
10,459

 
(31,913
)
 
167,266

Indemnification asset write-off
—

 
—

 
—

 
—

 
—

 
(7,050
)
 
(7,050
)
Interest expense
—

 
—

 
—

 
—

 
—

 
(3,337
)
 
(3,337
)
Interest income
—

 
—

 
—

 
—

 
—

 
110

 
110

Earnings (loss) from continuing
operations before income taxes
$
114,784

 
$
10,110

 
$
48,970

 
$
14,856

 
$
10,459

 
$
(42,190
)
 
$
156,989

Total assets**
$
292,536

 
$
246,570

 
$
660,833

 
$
109,791

 
$
47,066

 
$
226,094

 
$
1,582,890

Depreciation and amortization
20,785

 
14,114

 
29,711

 
4,935

 
725

 
4,056

 
74,326

Capital expenditures
26,180

 
21,382

 
43,013

 
8,196

 
979

 
3,361

 
103,111


*Asset Impairments and other includes a $1.9 million charge for asset impairments, of which $1.7 million is in the Lids Sports Group and $0.2 million is in the Johnston & Murphy Group, a $3.1 million charge for network intrusion expenses and a $0.7 million charge for other legal matters, partially offset by a gain of $(3.4) million on a lease termination of a Lids store.

**Total assets for the Lids Sports Group, Schuh Group and Licensed Brands include $200.1 million, $96.0 million and $0.8 million of goodwill, respectively. Goodwill for the Lids Sports Group includes $17.7 million of additions in Fiscal 2015 resulting from several small acquisitions and the Schuh Group goodwill decreased by $8.9 million due to foreign currency translation adjustment. Of the Company's $305.8 million of long-lived assets, $63.9 million and $14.6 million relate to long-lived assets in the United Kingdom and Canada, respectively.