Revenue Recognition

12 Months Ended

Feb. 01, 2020

Revenue from Contract with Customer [Abstract]

REVENUE RECOGNITION:

Disaggregated Revenue

The following table disaggregates our operating segment revenue by brand, which we believe provides a meaningful depiction of the nature of our revenue. Amounts shown include licensing and wholesale income, which is not a significant component of total revenue, and is aggregated within the respective brands in the table below.



	Fiscal 2019		%		Fiscal 2018		%		Fiscal 2017		%

	(in thousands)
Chico’s	$	1,045,221	51.3	%	$	1,098,707	51.6	%	$	1,187,603	52.0	%
WHBM	627,315		30.8		694,804		32.6		750,912		32.9
Soma ⁽¹⁾	365,339		17.9		337,629		15.8		343,864		15.1
Total net sales	$	2,037,875	100.0	%	$	2,131,140	100.0	%	$	2,282,379	100.0	%

⁽¹⁾ Includes TellTale net sales, which is not a significant component of Soma revenue.

Contract Liability

Contract liabilities on the accompanying consolidated balance sheets are comprised of obligations associated with our gift card and customer loyalty programs. As of February 1, 2020 and February 2, 2019, contract liabilities primarily consisted of gift cards of $40.1 million and $42.6 million, respectively. For fiscal 2019, the Company recognized $25.3 million of revenue that was previously included in the gift card contract liability as of February 2, 2019. For fiscal 2018, the Company recognized $28.7 million of revenue that was previously included in the gift card contract liability as of February 3, 2018. The contract liability for our loyalty program was not material as of February 1, 2020 or February 2, 2019.

Performance Obligation

For fiscal 2019, revenue recognized from performance obligations to customers related to prior periods was not material. Revenue to be recognized in future periods related to performance obligations is not expected to be material.