Operating Segment Information (Tables)

12 Months Ended

Dec. 31, 2022

Schedule of Segment Reporting Information, by Segment


(in thousands)	Wholesale Footwear		Wholesale Accessories/Apparel		Total Wholesale		Direct-to- Consumer		First Cost		Licensing		Corporate (1)		Consolidated
For the Year Ended December 31, 2022
Total revenue	$	1,194,890	$	394,676	$	1,589,566	$	521,729	$	916	$	9,798	$	—	$	2,122,009
Gross profit	431,081		100,085		531,166		331,956		916		9,798		—		873,836
Income/(loss) from operations	264,958		29,775		294,733		67,649		766		7,854		(89,358)		281,644
Depreciation and amortization	2,433		9,439		11,872		3,740		—		—		4,964		20,576

Capital expenditures	802		277		1,079		6,380		4		—		8,888		16,351
For the Year Ended December 31, 2021
Total revenue	$	1,022,322	$	343,675	$	1,365,997	$	487,906	$	2,346	$	9,893	$	—	$	1,866,142
Gross profit	345,167		94,675		439,842		315,416		2,346		9,893		—		767,497
Income/(loss) from operations	217,163		26,628		243,791		74,542		1,971		8,108		(84,815)		243,597
Depreciation and amortization	2,946		2,769		5,715		3,976		—		—		5,517		15,208

Capital expenditures	1,051		807		1,858		1,156		9		—		3,585		6,608
For the Year Ended December 31, 2020
Total revenue	$	713,662	$	235,892	$	949,554	$	239,389	$	3,902	$	8,969	$	—	$	1,201,814
Gross profit	226,557		70,908		297,465		154,205		3,902		8,969		—		464,541
Income/(loss) from operations	91,887		(2,453)		89,434		(58,889)		2,594		5,828		(70,572)		(31,605)
Depreciation and amortization	3,143		2,586		5,729		6,696		92		—		4,843		17,360

Capital expenditures	1,206		164		1,370		1,472		—		—		3,720		6,562

(1) Corporate does not constitute a reportable segment and includes costs not directly attributable to the segments. These costs are primarily related to expenses associated with corporate executives, corporate finance, corporate social responsibility, legal, human resources, information technology, cyber security and other shared services.