Revenue Recognition

3 Months Ended

May 01, 2021

Revenue from Contract with Customer [Abstract]

Revenue Recognition

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 revenue, which is not a significant component of total revenue, and is aggregated within the respective brands in the table below.

	Thirteen Weeks Ended
	May 1, 2021				May 2, 2020
Chico's	$	177,021	45.6	%	$	131,437	46.9	%
WHBM	104,047		26.8		83,920		29.9
Soma	106,893		27.6		64,907		23.2
Total Net Sales	$	387,961	100.0	%	$	280,264	100.0	%

Contract Liability

    Contract liabilities in the unaudited condensed consolidated balance sheets are comprised of obligations associated with our gift card and customer loyalty programs. As of May 1, 2021, January 30, 2021 and May 2, 2020, contract liabilities primarily consisted of gift cards of $35.3 million, $40.4 million and $36.2 million, respectively.

    During the first quarter, the Company recognized $10.0 million of revenue that was previously included in the gift card contract liability as of January 30, 2021. During last year's first quarter, the Company recognized $8.0 million of revenue that was previously included in the gift card contract liability as of February 1, 2020. The contract liability for our loyalty program was not material as of May 1, 2021, January 30, 2021 or May 2, 2020.

Performance Obligation

    For the thirteen weeks ended May 1, 2021 and May 2, 2020, revenue recognized from performance obligations related to prior periods was not material. Revenue recognized in future periods related to performance obligations is not expected to be material.