XML 27 R14.htm IDEA: XBRL DOCUMENT v3.21.2
Revenue Recognition
6 Months Ended
Jul. 31, 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 EndedTwenty-Six Weeks Ended
 July 31, 2021August 1, 2020July 31, 2021August 1, 2020
Chico's$221,389 46.9 %$139,584 45.6 %$398,410 46.3 %$271,021 46.3 %
WHBM122,043 25.9 82,253 26.9 226,090 26.3 166,173 28.3 
Soma128,627 27.2 84,337 27.5 235,520 27.4 149,244 25.4 
Total Net Sales$472,059 100.0 %$306,174 100.0 %$860,020 100.0 %$586,438 100.0 %
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 July 31, 2021, January 30, 2021 and August 1, 2020, contract liabilities primarily consisted of gift cards of $33.8 million, $40.4 million and $33.8 million, respectively.
    For the thirteen and twenty-six weeks ended July 31, 2021, the Company recognized $5.7 million and $15.7 million, respectively, of revenue that was previously included in the gift card contract liability as of January 30, 2021. For the thirteen and twenty-six weeks ended August 1, 2020, the Company recognized $4.8 million and $12.8 million, respectively, 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 July 31, 2021, January 30, 2021 or August 1, 2020.
Performance Obligation
    For the thirteen and twenty-six weeks ended July 31, 2021 and August 1, 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.