Business Segments

3 Months Ended

Mar. 24, 2012

Business Segments [Abstract]

BUSINESS SEGMENTS

5. BUSINESS SEGMENTS

The Company has one reportable segment that is engaged in designing, manufacturing, sourcing, marketing, licensing and distributing branded footwear, apparel and accessories. Revenue from this segment is derived from the sale of branded footwear, apparel and accessories to third-party customers and royalty income from the licensing of the Company’s trademarks and brand names to third-party licensees and distributors. The operating units aggregated into the branded footwear, apparel and licensing reportable segment all source, market and distribute products in a similar manner.

The other business units in the following tables consist of the Company’s consumer-direct and leather marketing operations. These other operations do not collectively form a reportable segment at March 24, 2012 because their respective operations are dissimilar and they do not meet the applicable quantitative requirements. At March 24, 2012, the Company owned and operated 101 brick-and-mortar retail stores in the United States, Canada and the United Kingdom and operated 41 consumer-direct websites. The other business units distribute products through retail and wholesale channels.

The Company measures segment profits as earnings before income taxes. The accounting policies used to determine profitability and total assets of the branded footwear, apparel and licensing reportable segment and other business units are the same as disclosed in Note 1.

Business segment information is as follows:

	12 Weeks Ended March 24, 2012
	Branded Footwear, Apparel and Licensing		Other Business Units			Corporate			Consolidated
Revenue	$	294,972	$	27,835		$	—		$	322,807
Intersegment revenue		11,001		822			—			11,823
Earnings (loss) before income taxes		50,326		(1,321	)		(13,409	)		35,596
Total assets		727,332		56,956			122,262			906,550
	12 Weeks Ended March 26, 2011
	Branded Footwear, Apparel and Licensing		Other Business Units			Corporate			Consolidated
Revenue	$	304,316	$	26,556		$	—		$	330,872
Intersegment revenue		9,023		365			—			9,388
Earnings (loss) before income taxes		59,459		(1,060	)		(8,590	)		49,809
Total assets		650,322		62,541			116,409			829,272