SEGMENT REPORTING (Tables)

6 Months Ended

Jul. 29, 2012

Segment Information


Dollars in thousands	Direct-to- Customer		Retail		Unallocated			Total
Thirteen weeks ended July 29, 2012
Net revenues¹	$	414,361	$	459,922	$	0		$	874,283
Depreciation and amortization expense		5,677		17,497		9,350			32,524
Operating income		95,223		38,602		(63,722	)		70,103
Capital expenditures		7,482		16,808		17,499			41,789
Thirteen weeks ended July 31, 2011
Net revenues¹	$	368,041	$	446,709	$	0		$	814,750
Depreciation and amortization expense		4,951		19,791		8,279			33,021
Operating income²		83,562		38,276		(57,753	)		64,085
Capital expenditures		8,873		13,860		17,556			40,289
Twenty-six weeks ended July 29, 2012
Net revenues¹	$	788,768	$	903,129	$	0		$	1,691,897
Depreciation and amortization expense		11,294		35,556		18,468			65,318
Operating income³		173,178		72,955		(126,707	)		119,426
Assets⁴		373,340		881,375		735,169			1,989,884
Capital expenditures		12,758		26,080		30,770			69,608
Twenty-six weeks ended July 31, 2011
Net revenues¹	$	712,162	$	873,413	$	0		$	1,585,575
Depreciation and amortization expense		10,063		39,401		16,435			65,899
Operating income²		158,690		68,755		(111,660	)		115,785
Assets⁴		315,176		882,388		812,560			2,010,124
Capital expenditures		13,227		20,723		28,575			62,525

¹	Includes net revenues of approximately $31.6 million and $31.9 million for the thirteen weeks ended July 29, 2012 and July 31, 2011, respectively, and $62.2 million and $58.1 million for the twenty-six weeks ended July 29, 2012 and July 31, 2011, respectively, related to our foreign operations.

²	Includes expenses in the retail channel of approximately $0.8 million and $2.3 million for the thirteen weeks and twenty-six weeks ended July 31, 2011, respectively, related to asset impairment and early lease termination charges for underperforming retail stores.

³	Unallocated costs include approximately $7.0 million for employee separation charges primarily related to the retirement of our former Executive Vice President, Chief Operating and Chief Financial Officer.

⁴	Includes approximately $26.5 million and $26.0 million of long-term assets as of July 29, 2012 and July 31, 2011, respectively, related to our foreign operations.

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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