BUSINESS SEGMENTS (Tables)

3 Months Ended

Oct. 31, 2020

Segment Reporting [Abstract]

Schedule of business segment information

The following table provides continuing operations net sales and Adjusted EBITDA by reportable segment and reconciles that information to Loss from continuing operations before income taxes:

	13-Week Period Ended
(in thousands)	October 31, 2020		November 2, 2019
Net sales:
Wholesale(1)	$	6,431,283	$	6,067,307
Retail	594,911		515,226
Other	55,612		65,079
Eliminations	(409,199)		(351,000)
Total Net sales	$	6,672,607	$	6,296,612
Continuing Operations Adjusted EBITDA:
Wholesale	$	122,961	$	106,312
Retail	24,282		10,562
Other	4,150		(1,597)
Eliminations	5,724		1,159
Adjustments:
Net income attributable to noncontrolling interests	1,367		519
Total other expense, net	(51,302)		(37,925)
Depreciation and amortization	(77,189)		(75,141)
Share-based compensation	(14,149)		(3,925)
Restructuring, acquisition and integration related expenses	(16,428)		(14,672)
Goodwill and asset impairment charges	—		(425,405)
Gain on sale of assets	230		90
Notes receivable charges	—		(12,516)
Legal reserve charge	—		(1,850)
Other retail expense	(1,609)		—
Loss from continuing operations before income taxes	$	(1,963)	$	(454,389)
Depreciation and amortization:
Wholesale	$	67,821	$	67,993
Retail	7,388		1,458
Other	1,980		5,690
Total depreciation and amortization	$	77,189	$	75,141
Capital expenditures:
Wholesale	$	37,991	$	42,259
Retail	3,201		2,676
Other	188		113
Total capital expenditures	$	41,380	$	45,048

(1)As presented in Note 3—Revenue Recognition, for the first quarters of fiscal 2021 and 2020, the Company recorded $357.6 million and $297.7 million, respectively, within Net sales in its Wholesale reportable segment attributable to Wholesale sales to its Retail segment that have been eliminated upon consolidation. Refer to Note 3—Revenue Recognition for additional information regarding Wholesale sales to discontinued operations.

Total assets of continuing operations by reportable segment were as follows:

(in thousands)	October 31, 2020		August 1, 2020
Assets:
Wholesale	$	6,758,322	$	6,588,836
Retail	553,198		542,470
Other	516,952		501,468
Eliminations	(52,969)		(54,784)
Total assets of continuing operations	$	7,775,503	$	7,577,990