Segments

3 Months Ended

Apr. 30, 2017

Segment Reporting [Abstract]

Segments

Note 7 – 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 by the Company from third parties, as well as sales of products under the Company’s own brands and private label brands. Wholesale sales and revenues from license agreements related to the Donna Karan and DKNY business are included in the wholesale operations segment. The retail operations segment consists primarily of the Wilsons Leather, G.H. Bass and DKNY stores, as well as a limited number of Calvin Klein Performance and Karl Lagerfeld Paris stores.

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

	Three Months Ended April 30, 2017
	Wholesale		Retail			Elimination (1)			Total
Net sales	$	453,017	$	99,185		$	(23,160	)	$	529,042
Cost of goods sold		298,373		51,973			(23,160	)		327,186
Gross profit		154,644		47,212			—			201,856
Selling, general and administrative		130,160		67,251			—			197,411
Depreciation and amortization		6,385		3,453			—			9,838
Operating profit (loss)	$	18,099	$	(23,492	)	$	—		$	(5,393	)

	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

⁽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, 2017		April 30, 2016		January 31, 2017
	(In thousands)
Wholesale	$	1,459,142	$	692,039	$	1,477,259
Retail		205,024		199,560		228,352
Corporate (1)		139,622		215,082		146,333
Total Assets	$	1,803,788	$	1,106,681	$	1,851,944

⁽¹⁾ Includes assets not allocated to any reportable segment.