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Business Segment Information (Tables)
3 Months Ended
May 04, 2019
Segment Reporting [Abstract]  
Schedule of Business Segment Information
the first quarter of 2019, the Company changed its segment presentation to present net sales of the Brand Portfolio segment inclusive of both external and intersegment sales, with the elimination of intersegment sales and profit from Brand Portfolio to Famous Footwear reflected within the Eliminations and Other category. This presentation reflects the independent business models of both Brand Portfolio and Famous Footwear, as well as growth in intersegment activity driven by recent acquisitions. Following is a summary of certain key financial measures for the Company’s business segments for the periods ended May 4, 2019 and May 5, 2018:  
 
Famous Footwear
Brand Portfolio
 Eliminations and Other
 
($ thousands)
Total
Thirteen Weeks Ended May 4, 2019
Net sales
$
352,165

$
341,050

$
(15,461
)
$
677,754

Intersegment sales (1)

15,461


15,461

Operating earnings (loss)
10,813

12,929

(6,873
)
16,869

Segment assets
998,606

1,355,842

138,622

2,493,070

 
 
 
 
 
Thirteen Weeks Ended May 5, 2018
Net sales
$
363,411

$
283,497

$
(14,766
)
$
632,142

Intersegment sales (1)

14,766


14,766

Operating earnings (loss)
21,857

11,627

(10,538
)
22,946

Segment assets
555,448

745,460

201,158

1,502,066

 
 
 
 
 
(1) Included in net sales in the Brand Portfolio segment and eliminated in the Eliminations and Other category

Schedule of Reconciliation of Operating Earnings Before Income Taxes
Following is a reconciliation of operating earnings to earnings before income taxes:
 
Thirteen Weeks Ended
($ thousands)
May 4, 2019

May 5, 2018

Operating earnings
$
16,869

$
22,946

Interest expense, net
(7,340
)
(3,683
)
Other income, net
2,619

3,091

Earnings before income taxes
$
12,148

$
22,354