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Quarterly Financial Data (Unaudited)
12 Months Ended
Jan. 27, 2017
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data (Unaudited)
QUARTERLY FINANCIAL DATA (UNAUDITED)
 
Fiscal 2016
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
(in thousands except share data)
$’s
 
% Net
Sales
 
$’s
 
% Net
Sales
 
$’s
 
% Net
Sales
 
$’s
 
% Net
Sales
Net revenue
$
273,433

 
100.0
 %
 
$
292,010

 
100.0
 %
 
$
311,476

 
100.0
 %
 
$
458,841

 
100.0
 %
Gross profit
129,670

 
47.4
 %
 
136,152

 
46.6
 %
 
133,651

 
42.9
 %
 
176,935

 
38.6
 %
Operating income (loss)(2)
(3,486
)
 
(1.3
)%
 
2,712

 
0.9
 %
 
(3,423
)
 
(1.1
)%
 
(148,434
)
 
(32.3
)%
Net loss(2)
$
(5,759
)
 
(2.1
)%
 
$
(1,980
)
 
(0.7
)%
 
$
(7,222
)
 
(2.3
)%
 
$
(94,821
)
 
(20.7
)%
Basic loss per common share(1)
$
(0.18
)
 
 
 
$
(0.06
)
 
 
 
$
(0.23
)
 
 
 
$
(2.96
)
 
 
Diluted loss per common share(1)
$
(0.18
)
 
 
 
$
(0.06
)
 
 
 
$
(0.23
)
 
 
 
$
(2.96
)
 
 
 
 
Fiscal 2015
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
(in thousands except share data)
$’s
 
Net
Sales
 
$’s
 
Net
Sales
 
$’s
 
Net
Sales
 
$’s
 
Net
Sales
Net revenue
$
299,387

 
100.0
%
 
$
312,414

 
100.0
%
 
$
334,434

 
100.0
%
 
$
473,543

 
100.0
 %
Gross profit
146,564

 
49.0
%
 
144,500

 
46.3
%
 
162,415

 
48.6
%
 
199,110

 
42.0
 %
Operating income(3)
8,495

 
2.8
%
 
17,918

 
5.7
%
 
23,297

 
7.0
%
 
(54,794
)
 
(11.6
)%
Net income (loss)(3)
$
1,724

 
0.6
%
 
$
7,461

 
2.4
%
 
$
10,725

 
3.2
%
 
$
(39,458
)
 
(8.3
)%
Basic earnings (loss) per common share(1)
$
0.05

 
 
 
$
0.23

 
 
 
$
0.34

 
 
 
$
(1.23
)
 
 
Diluted earnings (loss) per common share(1)
$
0.05

 
 
 
$
0.23

 
 
 
$
0.33

 
 
 
$
(1.23
)
 
 
 
(1) 
The sum of the quarterly earnings per share—basic and diluted amounts may not equal the fiscal year amount due to rounding.
(2) 
Fourth Quarter 2016 Net loss includes an impairment charge of $173.0 million related to the non-cash write-down of our trade name indefinite-lived asset, Lands' End.
(3) 
Fourth Quarter 2015 Net loss includes an impairment charge of $98.3 million related to the non-cash write-down of our trade name indefinite-lived asset, Lands' End.