Operating Groups

Our business is primarily operated through our Tommy Bahama, Lilly Pulitzer, Lanier Apparel and Southern Tide operating groups. 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, as applicable.

Tommy Bahama, Lilly Pulitzer and Southern Tide each design, source, market and distribute apparel and related products bearing their respective trademarks and license their trademarks for other product categories, while Lanier Apparel designs, sources and distributes branded and private label men's tailored clothing, sportswear and other products. 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 accounting adjustments for inventory, other costs that are not allocated to the operating groups and operations of our other businesses which are not included in our operating groups, including our Lyons, Georgia distribution center and Beaufort Bonnet operations, which was acquired in December 2017. Our LIFO inventory pool 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 financial information (in thousands) about our operating groups, as well as Corporate and Other.



	Fiscal 2017			Fiscal 2016			Fiscal 2015
Net Sales
Tommy Bahama	$	686,021		$	658,911		$	658,467
Lilly Pulitzer	248,931			233,294			204,626
Lanier Apparel	106,852			100,753			105,106
Southern Tide	40,940			27,432			—
Corporate and Other	3,467			2,198			1,091
Total	$	1,086,211		$	1,022,588		$	969,290
Depreciation and Amortization of Intangible Assets
Tommy Bahama	$	30,998		$	31,796		$	28,103
Lilly Pulitzer	9,021			7,968			5,644
Lanier Apparel	583			478			456
Southern Tide	441			390			—
Corporate and Other	1,359			1,451			1,557
Total	$	42,402		$	42,083		$	35,760
Operating Income (Loss)
Tommy Bahama	$	55,002		$	44,101		$	65,993
Lilly Pulitzer	46,608			51,995			42,525
Lanier Apparel	6,546			6,955			7,700
Southern Tide	4,504			(282		)	—
Corporate and Other (1)	(26,660		)	(12,885		)	(18,704		)
Total Operating Income	86,000			89,884			97,514
Interest expense, net	3,109			3,421			2,458
Earnings Before Income Taxes	$	82,891		$	86,463		$	95,056
(1) Corporate and Other included a LIFO accounting charge of $7.8 million, a LIFO accounting credit of $5.9 million and a LIFO accounting charge of $0.3 million, in Fiscal 2017, Fiscal 2016 and Fiscal 2015, respectively.



	Fiscal 2017		Fiscal 2016		Fiscal 2015
Purchases of Property and Equipment
Tommy Bahama	$	24,962	$	34,191	$	54,490
Lilly Pulitzer	11,150		14,142		17,197
Lanier Apparel	305		295		206
Southern Tide	1,138		27		—
Corporate and Other	1,193		760		529
Total	$	38,748	$	49,415	$	72,422



	February 3, 2018			January 28, 2017
Total Assets
Tommy Bahama	$	439,871		$	451,990
Lilly Pulitzer	142,882			126,506
Lanier Apparel	31,575			30,269
Southern Tide	94,032			96,208
Corporate and Other (1)	(8,419		)	(19,814		)
Total	$	699,941		$	685,159
(1) Total assets for Corporate and Other include LIFO reserves of $61.5 million and $58.0 million as of February 3, 2018 and January 28, 2017, respectively.

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



	February 3, 2018		January 28, 2017
United States	$	187,109	$	186,549
Other foreign (1)	6,424		7,382
Total	$	193,533	$	193,931

(1) The net book value of our property and equipment outside of the United States primarily relates to property and equipment associated with our Tommy Bahama operations in Canada, Australia and Japan.

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



	Fiscal 2017		Fiscal 2016		Fiscal 2015
United States	$	1,048,619	$	986,062	$	932,878
Other foreign (1)	37,592		36,526		36,412
Total	$	1,086,211	$	1,022,588	$	969,290

(1) The net sales outside of the United States primarily relates to our Tommy Bahama international retail operations in Canada, Australia and Japan.