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Segment Reporting
9 Months Ended
Oct. 29, 2016
Segment Reporting  
Segment Reporting

(5)   Segment Reporting

 

Authoritative guidance requires public companies to report financial and descriptive information about their reportable operating segments. The Company identifies reportable segments based on how management internally evaluates financial information, business activities and management responsibility.

 

The Company operates in a single business segment, the marketing and licensing of brand names and trademarks for apparel, footwear and accessories. Cherokee’s marketing and licensing activities extend to brands that the Company owns and to brands owned by others. Cherokee’s operating activities relating to owned and represented brands are identical and are performed by a single group of marketing professionals. While Cherokee’s principal operations are in the United States, the Company also derives royalty revenues from the Company’s international licensees and franchisees. Revenues by geographic area based upon the licensees’ country of domicile consisted of the following:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

(amounts in thousands)

    

October 29, 2016

    

October 31, 2015

    

October 29, 2016

    

October 31, 2015

 

U.S. and Canada

 

$

3,959

 

$

5,725

 

$

17,949

 

$

19,534

 

Asia

 

 

1,119

 

 

996

 

 

3,313

 

 

2,801

 

Latin America

 

 

577

 

 

557

 

 

1,752

 

 

1,710

 

United Kingdom and Europe

 

 

148

 

 

170

 

 

366

 

 

681

 

All Others

 

 

692

 

 

650

 

 

2,266

 

 

2,084

 

Total

 

$

6,495

 

$

8,098

 

$

25,646

 

$

26,810

 

 

Long-lived tangible assets were located in the U.S., United Kingdom, Mexico and Asia with net values of approximately $787,  $99,  $215 and $23, respectively, as of October 29, 2016 and with net values of approximately $818,  $54,  $234 and $44, respectively, as of January 30, 2016.