Business Segment Information

6 Months Ended

Jul. 31, 2021

Segment Reporting [Abstract]

Business Segment Information

Note 11

Business Segment Information

Three Months Ended July 31, 2021
(In thousands)	Journeys Group		Schuh Group		Johnston & Murphy Group		Licensed Brands			Corporate & Other			Consolidated
Sales	$	346,275	$	106,079	$	61,159	$	41,966		$	—		$	555,479
Intercompany sales		—		—		—		(296	)		—			(296	)
Net sales to external customers	$	346,275	$	106,079	$	61,159	$	41,670		$	—		$	555,183
Segment operating income (loss)	$	30,368	$	3,623	$	3,951	$	991		$	(18,962	)	$	19,971
Asset impairments and other (1)		—		—		—		—			(7,070	)		(7,070	)
Operating income (loss)		30,368		3,623		3,951		991			(26,032	)		12,901
Other components of net periodic benefit cost		—		—		—		—			(56	)		(56	)
Interest expense		—		—		—		—			(752	)		(752	)
Interest income		—		—		—		—			135			135
Earnings (loss) from continuing operations before income taxes	$	30,368	$	3,623	$	3,951	$	991		$	(26,705	)	$	12,228
Total assets (2)	$	765,100	$	247,833	$	132,639	$	50,438		$	462,610		$	1,658,620
Depreciation and amortization		7,107		1,813		1,191		270			364			10,745
Capital expenditures		4,923		529		1,003		215			773			7,443

⁽¹⁾ Asset impairments and other includes a $6.2 million charge for professional fees related to the actions of an activist shareholder and a $1.4 million charge for retail store asset impairments, which includes $0.6 million in Journeys Group, $0.7 million in Schuh Group and $0.1 million in Johnston & Murphy Group, partially offset by a $0.6 million insurance gain.

⁽²⁾ Of our $812.9 million of long-lived assets, $129.4 million and $30.3 million relate to long-lived assets in the U.K. and Canada, respectively.

Note 11

Business Segment Information, Continued

Three Months Ended August 1, 2020
(In thousands)	Journeys Group		Schuh Group			Johnston & Murphy Group			Licensed Brands			Corporate & Other			Consolidated
Sales	$	276,631		71,732		$	24,097		$	19,114		$	—		$	391,574
Intercompany sales		—		—			—			(357	)		—			(357	)
Net sales to external customers	$	276,631	$	71,732		$	24,097		$	18,757		$	—		$	391,217
Segment operating income (loss)	$	10,160	$	(6,838	)	$	(18,243	)	$	(1,222	)	$	(4,118	)	$	(20,261	)
Asset impairments and other (1)		—		—			—			—			(1,733	)		(1,733	)
Operating income (loss)		10,160		(6,838	)		(18,243	)		(1,222	)		(5,851	)		(21,994	)
Other components of net periodic benefit income		—		—			—			—			182			182
Interest expense		—		—			—			—			(1,965	)		(1,965	)
Interest income		—		—			—			—			47			47
Earnings (loss) from continuing operations before income taxes	$	10,160	$	(6,838	)	$	(18,243	)	$	(1,222	)	$	(7,587	)	$	(23,730	)
Total assets (2)	$	855,201		249,666		$	185,375		$	84,730		$	395,056		$	1,770,028
Depreciation and amortization		7,271		2,318			1,452			356			390			11,787
Capital expenditures		2,660		145			891			103			101			3,900

⁽¹⁾ Asset impairments and other includes a $1.7 million charge for retail store asset impairments, which includes $0.4 million in Schuh Group and $1.3 million in Journeys Group.

⁽²⁾ Of our $890.8 million of long-lived assets, $151.3 million and $39.8 million relate to long-lived assets in the U.K. and Canada, respectively.

Six Months Ended July 31, 2021
(In thousands)	Journeys Group		Schuh Group			Johnston & Murphy Group		Licensed Brands			Corporate & Other			Consolidated
Sales	$	722,823	$	174,790		$	109,921	$	86,798		$	—		$	1,094,332
Intercompany sales		—		—			—		(454	)		—			(454	)
Net sales to external customers	$	722,823	$	174,790		$	109,921	$	86,344		$	—		$	1,093,878
Segment operating income (loss)	$	63,492	$	(224	)	$	771	$	3,552		$	(29,423	)	$	38,168
Asset impairments and other(1)		—		—			—		—			(9,740	)		(9,740	)
Operating income (loss)		63,492		(224	)		771		3,552			(39,163	)		28,428
Other components of net periodic benefit cost		—		—			—		—			(17	)		(17	)
Interest expense		—		—			—		—			(1,621	)		(1,621	)
Interest income		—		—			—		—			275			275
Earnings (loss) from continuing    operations before income taxes	$	63,492	$	(224	)	$	771	$	3,552		$	(40,526	)	$	27,065
Depreciation and amortization	$	14,389	$	3,681		$	2,312	$	554		$	698		$	21,634
Capital expenditures		13,773		1,227			2,562		480			1,503			19,545

⁽¹⁾ Asset impairments and other includes an $8.5 million charge for professional fees related to the actions of an activist shareholder and a $1.8 million charge for retail store asset impairments, which includes $0.2 million in Johnston & Murphy Group, $0.8 million in Schuh Group and $0.8 million in Journeys Group, partially offset by a $0.6 million insurance gain.

Note 11

Business Segment Information, Continued

Six Months Ended August 1, 2020
(In thousands)	Journeys Group			Schuh Group			Johnston & Murphy Group			Licensed Brands			Corporate & Other			Consolidated
Sales	$	445,556		$	118,897		$	62,946		$	43,795		$	—		$	671,194
Intercompany sales		—			—			—			(745	)		—			(745	)
Net sales to external customers	$	445,556		$	118,897		$	62,946		$	43,050		$	—		$	670,449
Segment operating loss	$	(26,923	)	$	(21,924	)	$	(27,827	)	$	(3,723	)	$	(8,762	)	$	(89,159	)
Goodwill impairment(1)		—			—			—			—			(79,259	)		(79,259	)
Asset impairments and other(2)		—			—			—			—			(9,594	)		(9,594	)
Operating loss		(26,923	)		(21,924	)		(27,827	)		(3,723	)		(97,615	)		(178,012	)
Other components of net periodic benefit income		—			—			—			—			306			306
Interest expense		—			—			—			—			(3,014	)		(3,014	)
Interest income		—			—			—			—			240			240
Earnings (loss) from continuing    operations before income taxes	$	(26,923	)	$	(21,924	)	$	(27,827	)	$	(3,723	)	$	(100,083	)	$	(180,480	)
Depreciation and amortization	$	14,724		$	4,957		$	2,928		$	823		$	778		$	24,210
Capital expenditures		5,852			1,838			2,568			75			309			10,642

⁽¹⁾ Goodwill impairment of $79.3 million is related to Schuh Group.

⁽²⁾ Asset impairments and other includes a $4.8 million charge for retail store asset impairments, which includes $1.2 million in Johnston & Murphy, $1.6 million in Schuh Group and $2.0 million in Journeys Group, and a $5.3 million trademark impairment, which includes $4.9 million in Journeys Group and $0.4 million in Johnston & Murphy Group.