Segments

3 Months Ended

Apr. 30, 2016

Segment Reporting [Abstract]

Segments

Note 6 – Segments

The Company’s reportable segments are business units that offer products through different channels of distribution. The Company has two reportable segments: wholesale operations and retail operations. The wholesale operations segment includes sales of products under brands licensed to the Company from third parties, as well as sales of products under the Company’s own brands and private label brands. The retail operations segment consists primarily of sales by the Wilsons Leather and G.H. Bass stores, as well as a limited number of Calvin Klein Performance stores.

The following information, in thousands, is presented for the three month periods indicated below:

	Three Months Ended April 30, 2016
	Wholesale		Retail			Elimination (1)			Total
Net sales	$	382,371	$	94,992		$	(19,960	)	$	457,403
Cost of goods sold		257,995		53,699			(19,960	)		291,734
Gross profit		124,376		41,293			—			165,669
Selling, general and administrative		96,938		56,167			—			153,105
Depreciation and amortization		5,000		2,193			—			7,193
Operating profit (loss)	$	22,438	$	(17,067	)	$	—		$	5,371

	Three Months Ended April 30, 2015
	Wholesale		Retail			Elimination (1)			Total
Net sales	$	352,485	$	102,529		$	(22,049	)	$	432,965
Cost of goods sold		245,409		55,178			(22,049	)		278,538
Gross profit		107,076		47,351			—			154,427
Selling, general and administrative		84,594		52,440			—			137,034
Depreciation and amortization		3,931		1,756			—			5,687
Operating profit (loss)	$	18,551	$	(6,845	)	$	—		$	11,706

(1) Represents intersegment sales to the Company’s retail operations.

The total assets for each of the Company’s reportable segments are as follows:

	April 30, 2016		April 30, 2015		January 31, 2016
	(In thousands)
Wholesale	$	692,039	$	625,109	$	763,353
Retail		199,560		190,753		210,118
Corporate		215,082		136,188		210,599
Total Assets	$	1,106,681	$	952,050	$	1,184,070