Operating Groups

12 Months Ended

Feb. 01, 2014

Segment Reporting [Abstract]

Operating Groups

Operating Groups

Our business is primarily operated through our four operating groups: Tommy Bahama, Lilly Pulitzer, Lanier Clothes and Ben Sherman. We identify our operating groups based on the way our management organizes the components of our business for purposes of allocating resources and assessing performance. Our operating group structure reflects a brand-focused management approach, emphasizing operational coordination and resource allocation across each brand's direct to consumer, wholesale and licensing operations.

Tommy Bahama designs, sources, markets and distributes men's and women's sportswear and related products. The target consumers of Tommy Bahama are primarily affluent men and women age 35 and older who embrace a relaxed and casual approach to daily living. Tommy Bahama products can be found in our Tommy Bahama stores and on our Tommy Bahama e-commerce website, tommybahama.com, as well as in better department stores and independent specialty stores throughout the United States. We also operate Tommy Bahama restaurants and license the Tommy Bahama name for various product categories.

Lilly Pulitzer designs, sources and distributes upscale collections of women's and girl's dresses, sportswear and related products. Lilly Pulitzer was originally created in the late 1950's and is an affluent brand with a heritage and aesthetic based on the Palm Beach resort lifestyle. The brand is somewhat unique among women's brands in that it has demonstrated multi-generational appeal, including young women in college or recently graduated from college; young mothers with their daughters; and women who are not tied to the academic calendar. Lilly Pulitzer products can be found in our owned Lilly Pulitzer stores, in Lilly Pulitzer Signature Stores and on our Lilly Pulitzer website, lillypulitzer.com, as well as in better department stores and independent specialty stores. We also license the Lilly Pulitzer name for various product categories.

Lanier Clothes designs, sources and markets branded and private label men's tailored clothing, including suits, sportcoats, suit separates and dress slacks across a wide range of price points, with the majority of the business at moderate price points. The majority of our Lanier Clothes branded products are sold under certain trademarks licensed to us by third parties. Licensed brands include Kenneth Cole, Dockers, Geoffrey Beene and Ike Behar. Additionally, we design and market products for our owned Billy London, Arnold Brant and Oxford Republic brands. In addition to the branded businesses, Lanier Clothes designs and sources private label tailored clothing products for certain customers. Our Lanier Clothes products are sold to national chains, department stores, specialty stores, specialty catalog retailers, warehouse clubs and discount retailers throughout the United States.

Ben Sherman is a London-based designer, marketer and distributor of men's branded sportswear and related products. Ben Sherman was established in 1963 as an edgy shirt brand that was adopted by the "Mods" and has throughout its history been inspired by what is new and current in British art, music, culture and style. The brand has evolved into a British lifestyle brand of apparel targeted at style conscious men ages 25 to 40 in markets throughout the world. Ben Sherman products can be found in better department stores, a variety of independent specialty stores and our owned and licensed Ben Sherman retail stores, as well as on Ben Sherman e-commerce websites. We also license the Ben Sherman name for various product categories.

Corporate and Other is a reconciling category for reporting purposes and includes our corporate offices, substantially all financing activities, elimination of inter-segment sales, LIFO inventory accounting adjustments, other costs that are not allocated to the operating groups and operations of our other businesses which are not included in our four operating groups, including our Oxford Golf and our Lyons, Georgia distribution center operations. LIFO inventory calculations are made on a legal entity basis which does not correspond to our operating group definitions; therefore, LIFO inventory accounting adjustments are not allocated to our operating groups.

The tables below present certain information about our operating groups (in thousands):

	Fiscal 2013			Fiscal 2012			Fiscal 2011
Net sales
Tommy Bahama	$	584,941		$	528,639		$	452,156
Lilly Pulitzer	137,943			122,592			94,495
Lanier Clothes	109,530			107,272			108,771
Ben Sherman	67,218			81,922			91,435
Corporate and Other	17,465			15,117			12,056
Total	$	917,097		$	855,542		$	758,913
Depreciation and Amortization of Intangible Assets
Tommy Bahama	$	24,806		$	18,551		$	19,460
Lilly Pulitzer	3,215			2,402			2,002
Lanier Clothes	347			421			427
Ben Sherman	3,154			2,889			2,638
Corporate and Other	2,380			2,072			2,627
Total	$	33,902		$	26,335		$	27,154
Operating Income (Loss)
Tommy Bahama	$	72,207		$	69,454		$	64,171
Lilly Pulitzer	25,951			20,267			14,278
Lanier Clothes	10,828			10,840			12,862
Ben Sherman	(13,131		)	(10,898		)	(2,535		)
Corporate and Other	(11,185		)	(20,692		)	(19,969		)
Total operating income	84,670			68,971			68,807
Interest expense, net	4,169			8,939			16,266
Loss on repurchase of senior notes	—			9,143			9,017
Earnings from Continuing Operations Before Income Taxes	$	80,501		$	50,889		$	43,524

	Fiscal 2013		Fiscal 2012		Fiscal 2011
Purchases of Property and Equipment
Tommy Bahama	$	30,810	$	46,392	$	24,686
Lilly Pulitzer	10,343		4,576		3,228
Lanier Clothes	30		593		85
Ben Sherman	1,137		3,997		4,220
Corporate and Other	1,052		5,144		3,091
Total	$	43,372	$	60,702	$	35,310

	February 1, 2014			February 2, 2013
Total Assets
Tommy Bahama	$	408,599		$	359,462
Lilly Pulitzer	101,704			90,873
Lanier Clothes	39,989			28,455
Ben Sherman	79,299			74,055
Corporate and Other	(2,286		)	3,225
Total	$	627,305		$	556,070

Net book value of our property and equipment, by geographic area is presented below (in thousands):

	February 1, 2014		February 2, 2013
United States	$	124,894	$	115,022
United Kingdom and Europe	7,086		8,140
Other foreign	9,539		5,720
Total	$	141,519	$	128,882

Net sales recognized by geographic area is presented below (in thousands):

	Fiscal 2013		Fiscal 2012		Fiscal 2011
United States	$	843,620	$	793,289	$	691,945
United Kingdom and Europe	45,488		51,536		62,671
Other foreign	27,989		10,717		4,297
Total	$	917,097	$	855,542	$	758,913