Segment Reporting and Geographic Information

12 Months Ended

Feb. 03, 2018

Segment Reporting and Geographic Information

Segment Reporting and Geographic Information

13.          Segment Reporting and Geographic Information

The Company identifies its reportable segments based on how management internally evaluates financial information, business activities and management responsibility.  Beginning in Fiscal 2017, the Company’s reportable segments are Cherokee Global Brands and Hi-Tec.  Prior to the Hi-Tec Acquisition, the Company’s business activities comprised one reportable segment.

Financial information for the Company’s reportable segments is as follows:

	Cherokee
(In thousands)	Global Brands		Hi-Tec		Consolidated
For the year ended February 3, 2018:
Revenues	$	19,688	$	9,677	$	29,365
Selling, general and administrative expenses		16,492		8,954		25,446
Revenues less selling, general and administrative expenses		3,196		723		3,919
Loss from continuing operations before income taxes		(46,039)		(6,792)		(52,831)
Goodwill		100		16,252		16,352
Total assets		23,378		80,219		103,597
For the year ended January 28, 2017:
Revenues	$	32,798	$	1,224	$	34,022
Selling, general and administrative expenses		17,701		1,405		19,106
Revenues less selling, general and administrative expenses		15,097		(181)		14,916
Loss from continuing operations before income taxes		(584)		(4,880)		(5,464)
Goodwill		100		15,294		15,394
Total assets		67,955		98,061		166,016

Revenues by geographic area based upon the licensees’ country of domicile comprise the following:

	Year Ended
	February 3,		January 28,		January 30,
(In thousands)	2018		2017		2016
U.S. and Canada	$	13,913	$	22,638	$	24,615
Asia		3,524		4,457		3,792
Latin America		3,188		2,820		2,643
Africa		2,467		1,399		1,023
United Kingdom and Europe		4,629		837		837
All Others		1,644		1,871		1,744
Total	$	29,365	$	34,022	$	34,654

Long‑lived assets located in the United States and outside the United States amount to $0.6 million and $0.5 million, respectively, at February 3, 2018, $0.8 million and $0.5 million, respectively, at January 28, 2017, and $0.8 million and $0.4 million, respectively, at January 30, 2016.