Segment Information

3 Months Ended

Apr. 28, 2012

SEGMENT INFORMATION [Abstract]

Segment Reporting Disclosure [Text Block]

SEGMENT INFORMATION

The Company operates in two industry segments, wholesale distribution and specialty retail sales of designer fragrance and related products. Management reviews segment information by segment and on a consolidated basis each month. Retail sales include sales through Perfumania retail stores, the Scents of Worth consignment business and the Company’s internet site, perfumania.com. Transactions between Parlux and Five Star, and unrelated customers are included in our wholesale segment information. The accounting policies of the segments are the same as those described in the summary of significant accounting policies in the Annual Report on Form 10-K for the fiscal year ended January 28, 2012. The Company’s chief operating decision maker, who is its Chief Executive Officer, assesses segment performance by reference to gross profit. Each of the segments has its own assets, liabilities, revenues and cost of goods sold. While each segment has certain unallocated operating expenses, these expenses are not reviewed by the chief operating decision maker on a segment basis, but rather on a consolidated basis. Financial information for these segments is summarized in the following table:

	Thirteen Weeks Ended April 28, 2012			Thirteen Weeks Ended April 30. 2011
	(in thousands)
Net sales:
Retail	$	73,930		$	72,382
Wholesale	32,454			33,399
	$	106,384		$	105,781
Gross profit:
Retail	$	32,322		$	32,370
Wholesale	8,963			7,752
	$	41,285		$	40,122
	April 28, 2012			January 28, 2012
Total assets:
Wholesale	$	470,619		$	312,855
Retail	236,777			238,844
	707,396			551,699
Eliminations (a)	(271,625		)	(264,944		)
Consolidated assets	$	435,771		$	286,755

(a) Adjustment to eliminate intercompany receivables and investment in subsidiaries