Segment Reporting

6 Months Ended

Dec. 28, 2013

Segment Reporting [Abstract]

Segment Reporting

Segment Reporting

The Company primarily markets footwear and accessories products sold predominantly in North America and operates with two reportable segments, which include: (1) Footwear that encompasses primarily slippers, sandals, hybrid and fashion footwear; and (2) Accessories with products including foot and shoe care products, handbags, tote bags and other travel accessories. The accounting policies of the reportable segments are the same, except that the disaggregated information has been prepared using certain management reports, which by their very nature require estimates.

The two reportable segments are comprised of three individual operating Business Units (“BUs”): (1) footwear; (2) Foot Petals (foot and shoe care products); and (3) Baggallini (handbags, tote bags and travel products). Each Business Unit is led by a Business Unit President, with the President reporting to the Chief Executive Officer (“CEO”) of R.G. Barry Corporation. Each Business Unit President has financial performance responsibility for the operating unit.

While many selling, general and administrative (“SGA”) expenses are directly attributable to each operating unit, certain shared services expenses are incurred and allocated to the respective operating units based on estimated usage of such corporate support. Operating profit as measured for each segment includes sales, cost of sales, and direct and allocated SGA expenses. This segment measure of operating profit or loss, as defined, is the primary indicator of financial performance used by management.

Other corporate expenses incurred are deemed to be applicable to the Company as a whole and are not allocated to any specific business segment. These unallocated expenses primarily include areas such as the Company’s corporate and governance functions, including the CEO, the Chief Financial Officer and the Board of Directors, as well as expense areas including pension, professional fees and similar corporate expenses. Segment operating profit, as reported below, is based on the same definition of operating profit as described above.

Segment operating profit for the second quarter and the first half of fiscal 2013 has been revised from the prior year's disclosures to conform to the fiscal 2014 presentation of including annual accrued incentive bonus and incentive stock compensation as a part of the segments' SGA expenses versus unallocated corporate expenses.

Second Quarter Fiscal 2014	Footwear		Accessories		Unallocated Corporate			Total
Net sales	$	39,106	$	8,891	$	—		$	47,997
Gross profit	15,648		4,835		—			20,483
Operating profit	10,718		976		(2,010		)	9,684

First Half Fiscal 2014	Footwear		Accessories		Unallocated Corporate			Total
Net sales	$	71,928	$	17,980	$	—		$	89,908
Gross profit	29,746		10,209		—			39,955
Operating profit	19,629		1,764		(4,119		)	17,274

Second Quarter Fiscal 2013	Footwear		Accessories		Unallocated Corporate			Total
Net sales	$	39,493	$	9,012	$	—		$	48,505
Gross profit	15,668		4,886		—			20,554
Operating profit	9,534		1,445		(2,355		)	8,624

First Half Fiscal 2013	Footwear		Accessories		Unallocated Corporate			Total
Net sales	$	77,764	$	17,973	$	—		$	95,737
Gross profit	31,510		9,961		—			41,471
Operating profit	20,027		3,144		(4,621		)	18,550

As of December 28, 2013	Footwear		Accessories		Unallocated Corporate		Total
Total assets	$	29,396	$	50,721	$	55,011	$	135,128

As of June 29, 2013	Footwear		Accessories		Unallocated Corporate		Total
Total assets	$	26,390	$	53,169	$	50,694	$	130,253