Operating Group Information (Tables)

12 Months Ended

Jan. 29, 2022

Operating Group Information

Schedule of financial information by operating group

The tables below present certain financial information (in thousands) about our reportable operating groups, as well as Corporate and Other.

	Fiscal		Fiscal		Fiscal
	2021		2020		2019
Net sales
Tommy Bahama	$	724,305	$	419,817	$	676,652
Lilly Pulitzer		298,995		231,078		284,700
Southern Tide		54,050		34,664		46,409
Lanier Apparel		24,858		38,796		95,200
Corporate and Other		39,871		24,478		19,829
Consolidated net sales	$	1,142,079	$	748,833	$	1,122,790
Depreciation and amortization
Tommy Bahama	$	27,830	$	46,698	$	27,852
Lilly Pulitzer		11,678		9,965		10,106
Southern Tide		780		676		549
Lanier Apparel		107		1,239		422
Corporate and Other		1,203		1,336		1,358
Consolidated depreciation and amortization	$	41,598	$	59,914	$	40,287
Operating income (loss)
Tommy Bahama	$	111,733	$	(53,310)	$	53,207
Lilly Pulitzer		63,601		27,702		51,795
Southern Tide		9,968		(64,801)		5,554
Lanier Apparel		4,888		(26,654)		1,953
Corporate and Other		(24,687)		(6,786)		(18,834)
Consolidated operating income (loss)		165,503		(123,849)		93,675
Interest expense, net		944		2,028		1,245
Earnings (loss) before income taxes	$	164,559	$	(125,877)	$	92,430

	Fiscal 2021		Fiscal 2020		Fiscal 2019
Purchases of Property and Equipment
Tommy Bahama	$	12,887	$	19,666	$	31,272
Lilly Pulitzer		17,305		7,059		4,273
Southern Tide		456		1,423		289
Lanier Apparel		5		21		571
Corporate and Other		1,241		755		1,016
Purchases of Property and Equipment	$	31,894	$	28,924	$	37,421

	January 29,		January 30,
	2022		2021
Total Assets
Tommy Bahama (1)	$	531,678	$	569,854
Lilly Pulitzer (2)		176,757		176,467
Southern Tide (3)		37,185		31,641
Lanier Apparel (4)		207		10,967
Corporate and Other (5)		211,815		76,705
Total Assets	$	957,642	$	865,634

(1) Decrease in Tommy Bahama total assets includes reductions in operating lease assets and property and equipment partially offset by higher inventories.

(2) Comparable Lilly Pulitzer total assets includes increased property and equipment partially offset by reductions in operating lease assets and inventories.

(3) Increase in Southern Tide total assets includes increased inventories.

(4) Decrease in Lanier Apparel total assets is due to the exit of the Lanier Apparel business during Fiscal 2021. The remaining assets of Lanier Apparel as of January 29, 2022, primarily consist of property and equipment associated with our Merida, Mexico manufacturing facility, which ceased operations in Fiscal 2020.

(5) Increase in Corporate and Other total assets primarily consist of increases in short-term investments partially offset by decreases in cash and cash equivalents and inventories.

Schedule of net book value of property and equipment by geographic area

Net book value of our property and equipment and net sales by geographic area are presented in the tables below (in thousands).

	January 29,		January 30,
	2022		2021
Net Book Value of Property and Equipment
United States	$	149,352	$	155,902
Other foreign		3,095		3,830
	$	152,447	$	159,732

Schedule of net sales by geographic area

Net book value of our property and equipment and net sales by geographic area are presented in the tables below (in thousands).

	Fiscal 2021		Fiscal 2020		Fiscal 2019
Net Sales
United States	$	1,112,384	$	728,308	$	1,086,170
Other foreign		29,695		20,525		36,620
	$	1,142,079	$	748,833	$	1,122,790

Schedule of net sales by operating group

The tables below quantify net sales, for each operating group and in total (in thousands), and the percentage of net sales by distribution channel for each operating group and in total, for each period presented. We have calculated all percentages below based on actual data, and percentages may not add to 100 due to rounding.

	Fiscal 2021
	Net Sales		Retail		E‑commerce		Restaurant		Wholesale		Other
Tommy Bahama	$	724,305	47	%	25	%	13	%	15	%	—	%
Lilly Pulitzer		298,995	34	%	50	%	—	%	16	%	—	%
Southern Tide		54,050	7	%	26	%	—	%	67	%	—	%
Lanier Apparel		24,858	—	%	—	%	—	%	100	%	—	%
Corporate and Other		39,871	—	%	54	%	—	%	42	%	4	%
Consolidated net sales	$	1,142,079	39	%	32	%	8	%	20	%	—	%

	Fiscal 2020
	Net Sales		Retail		E‑commerce		Restaurant		Wholesale		Other
Tommy Bahama	$	419,817	37	%	36	%	11	%	16	%	—	%
Lilly Pulitzer		231,078	20	%	64	%	—	%	16	%	—	%
Southern Tide		34,664	4	%	32	%	—	%	64	%	—	%
Lanier Apparel		38,796	—	%	—	%	—	%	100	%	—	%
Corporate and Other		24,478	—	%	63	%	—	%	33	%	4	%
Consolidated net sales	$	748,833	27	%	43	%	6	%	23	%	—	%

	Fiscal 2019
	Net Sales		Retail		E‑commerce		Restaurant		Wholesale		Other
Tommy Bahama	$	676,652	48	%	20	%	12	%	20	%	—	%
Lilly Pulitzer		284,700	41	%	38	%	—	%	21	%	—	%
Southern Tide		46,409	—	%	21	%	—	%	79	%	—	%
Lanier Apparel		95,200	—	%	—	%	—	%	100	%	—	%
Corporate and Other		19,829	—	%	59	%	—	%	34	%	7	%
Consolidated net sales	$	1,122,790	39	%	23	%	8	%	30	%	—	%