Business Segment Information

6 Months Ended

Aug. 03, 2013

Business Segment Information [Abstract]

Business Segment Information

Note 7 Business Segment Information

Applicable business segment information is as follows for the periods ended August 3, 2013 and July 28, 2012:

		Famous		Wholesale		Specialty
($ thousands)		Footwear		Operations		Retail		Other		Total
Thirteen Weeks Ended August 3, 2013
External sales	$	388,259	$	180,440	$	53,007	$	–	$	621,706
Intersegment sales		604		64,203		–		–		64,807
Operating earnings (loss)		28,969		8,196		(1,826)		(12,527)		22,812
Segment assets - continuing operations		529,944		428,664		83,852		136,899		1,179,359
Thirteen Weeks Ended July 28, 2012
External sales	$	350,318	$	160,584	$	53,995	$	–	$	564,897
Intersegment sales		466		53,926		–		–		54,392
Operating earnings (loss)		20,539		4,789		(5,795)		(10,911)		8,622
Segment assets - continuing operations		512,892		430,881		48,568		140,023		1,132,364
Twenty-six Weeks Ended August 3, 2013
External sales	$	740,538	$	362,065	$	107,759	$	–	$	1,210,362
Intersegment sales		1,210		100,933		–		–		102,143
Operating earnings (loss)		58,011		11,303		(3,155)		(22,389)		43,770
Twenty-six Weeks Ended July 28, 2012
External sales	$	697,425	$	355,525	$	110,126	$	–	$	1,163,076
Intersegment sales		1,024		101,793		–		–		102,817
Operating earnings (loss)		38,840		10,664		(9,322)		(18,969)		21,213

The Other segment includes corporate assets, administrative expenses and other costs and recoveries, which are not allocated to the operating segments.

Following is a reconciliation of operating earnings to earnings before income taxes from continuing operations:

	Thirteen Weeks Ended				Twenty-six Weeks Ended
	August 3,		July 28,		August 3,		July 28,
($ thousands)		2013		2012		2013		2012
Operating earnings	$	22,812	$	8,622	$	43,770	$	21,213
Interest expense		(5,192)		(5,645)		(10,913)		(11,681)
Interest income		82		77		150		160
Earnings before income taxes from continuing operations	$	17,702	$	3,054	$	33,007	$	9,692