XML 52 R27.htm IDEA: XBRL DOCUMENT v3.2.0.727
SEGMENT INFORMATION (Tables)
6 Months Ended
Aug. 01, 2015
Segment Reporting [Abstract]  
Schedule of segment level financial information
 
Thirteen Weeks Ended
 
Twenty-six Weeks Ended
 
August 1,
2015
 
August 2,
2014
 
August 1,
2015

August 2,
2014
Net sales:
 

 
 

 
 

 
 

The Children’s Place U.S.
$
316,212

 
$
327,938

 
$
679,357

 
$
694,070

The Children’s Place International (1)
50,243

 
56,690

 
91,963

 
100,707

Total net sales
$
366,455

 
$
384,628

 
$
771,320

 
$
794,777

Gross profit:
 

 
 

 
 

 
 

The Children’s Place U.S.
$
95,604

 
$
97,950

 
$
232,124

 
$
232,145

The Children’s Place International
19,400

 
21,168

 
34,989

 
35,234

Total gross profit
$
115,004

 
$
119,118

 
$
267,113

 
$
267,379

Gross Margin:
 

 
 

 
 

 
 

The Children’s Place U.S.
30.2
 %
 
29.9
 %
 
34.2
 %
 
33.4
 %
The Children’s Place International
38.6
 %
 
37.3
 %
 
38.0
 %
 
35.0
 %
Total gross margin
31.4
 %
 
31.0
 %
 
34.6
 %
 
33.6
 %
Operating income (loss):
 

 
 

 
 

 
 

The Children’s Place U.S. (2)
$
(23,041
)
 
$
(17,058
)
 
$
(764
)
 
$
5,015

The Children’s Place International
2,923

 
561

 
3,850

 
(1,429
)
Total operating income (loss)
$
(20,118
)
 
$
(16,497
)
 
$
3,086

 
$
3,586

Operating income (loss) as a percent of net sales:
 

 
 

 
 

 
 

The Children’s Place U.S.
(7.3
)%
 
(5.2
)%
 
(0.1
)%
 
0.7
 %
The Children’s Place International
5.8
 %
 
1.0
 %
 
4.2
 %
 
(1.4
)%
Total operating income (loss)
(5.5
)%
 
(4.3
)%
 
0.4
 %
 
0.5
 %
Depreciation and amortization:
 

 
 

 
 

 
 

The Children’s Place U.S.
$
13,599

 
$
13,395

 
$
26,469

 
$
25,767

The Children’s Place International
1,653

 
2,162

 
3,177

 
4,017

Total depreciation and amortization
$
15,252

 
$
15,557

 
$
29,646

 
$
29,784

Capital expenditures:
 

 
 

 
 

 
 

The Children’s Place U.S.
$
9,512

 
$
14,377

 
$
19,447

 
$
28,216

The Children’s Place International
574

 
496

 
702

 
2,559

Total capital expenditures
$
10,086

 
$
14,873

 
$
20,149

 
$
30,775

 
____________________________________________
(1) 
Net sales from The Children's Place International are primarily derived from revenues from Canadian operations.
(2) 
Includes costs incurred related to a class action wage and hour legal settlement, proxy contest costs, a sales tax audit, asset impairment charges and costs arising out of the restructuring of certain store and corporate operations, of approximately $10.3 million and $13.7 million for the Second Quarter 2015 and Year-To-Date 2015, respectively. Includes additional costs incurred related to asset impairment charges and costs arising out of the restructuring of certain store and corporate operations, of approximately $4.1 million and $6.4 million for Second Quarter 2014 and the Year-To-Date 2014, respectively.

 
August 1, 2015
 
January 31, 2015
 
August 2, 2014
Total assets:
 

 
 

 
 

The Children’s Place U.S.
$
815,886

 
$
805,462

 
$
843,696

The Children’s Place International
146,068

 
153,156

 
152,699

Total assets
$
961,954

 
$
958,618

 
$
996,395