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Segment Information
 6 Months Ended
Jul. 28, 2012
SEGMENT INFORMATION [Abstract]  
Segment Information
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
July 28, 2012
 
Thirteen Weeks Ended
July 30, 2011
 
Twenty-six Weeks
Ended
July 28, 2012
 
Twenty-six Weeks
Ended
July 30. 2011
 
(in thousands)
Net sales:
 
 
 
 
 
 
 
Retail
$
78,461

 
$
78,851

 
$
152,391

 
$
151,233

Wholesale
29,697

 
24,744

 
62,151

 
58,143

 
$
108,158

 
$
103,595

 
$
214,542

 
$
209,376

Gross profit:
 
 
 
 
 
 
 
Retail
$
34,094

 
$
35,765

 
$
66,416

 
$
68,134

Wholesale
9,994

 
6,791

 
18,957

 
14,544

 
$
44,088

 
$
42,556

 
$
85,373

 
$
82,678

 
 
 
 
 
 
 
 
 
July 28, 2012
 
January 28, 2012
 
 
 
 
Total assets:
 
 
 
 
 
 
 
Wholesale
$
535,716

 
$
312,855

 
 
 
 
Retail
313,792

 
238,844

 
 
 
 
 
849,508

 
551,699

 


 


Eliminations (a)
(405,434
)
 
(264,944
)
 
 
 
 
Consolidated assets
$
444,074

 
$
286,755

 


 


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