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Revenues (Tables)

3 Months Ended

May 01, 2021

Revenues

Schedule of disaggregated revenue by segment and major source

Thirteen Weeks Ended May 1, 2021

Eliminations and

($ thousands)

Famous Footwear

Brand Portfolio

Other

Total

Retail stores

$

334,745

$

15,008

$

—

$

349,753

Landed wholesale - e-commerce - drop ship ⁽¹⁾

—

20,814

(394)

20,420

E-commerce - Company websites ⁽¹⁾

63,122

42,738

—

105,860

Total direct-to-consumer sales

$

397,867

$

78,560

$

(394)

$

476,033

First-cost wholesale - e-commerce ⁽¹⁾

—

904

—

904

Landed wholesale - e-commerce ⁽¹⁾

—

36,576

—

36,576

Landed wholesale - other

—

115,347

(9,379)

105,968

First-cost wholesale

—

16,718

—

16,718

Licensing and royalty

—

2,164

—

2,164

Other ⁽²⁾

237

36

—

273

Total net sales

$

398,104

$

250,305

$

(9,773)

$

638,636


		Thirteen Weeks Ended May 2, 2020
								Eliminations and
($ thousands)		Famous Footwear			Brand Portfolio			Other			Total

Retail stores		$	137,117		$	11,822		$	—		$	148,939
Landed wholesale - e-commerce - drop ship ⁽¹⁾			—			19,231			—			19,231
E-commerce - Company websites ⁽¹⁾			54,178			32,989			—			87,167
Total direct-to-consumer sales		$	191,295		$	64,042		$	—		$	255,337
First-cost wholesale - e-commerce ⁽¹⁾			—			246			—			246
Landed wholesale - e-commerce ⁽¹⁾			—			26,242			—			26,242
Landed wholesale - other			—			112,568			(11,306)			101,262
First-cost wholesale			—			11,921			—			11,921
Licensing and royalty			—			2,186			—			2,186
Other ⁽²⁾			(43)			33			—			(10)
Net sales		$	191,252		$	217,238		$	(11,306)		$	397,184

(1)	Collectively referred to as "e-commerce" below

(2)	Includes breakage revenue from unredeemed gift cards

Schedule of significant contract balances from contracts with customers


($ thousands)		May 1, 2021			May 2, 2020			January 30, 2021
Customer allowances and discounts		$	19,260		$	24,768		$	17,043
Loyalty programs liability			16,177			17,326			13,986
Returns reserve			14,469			15,427			11,040
Gift card liability			5,423			5,528			6,091

Schedule of allowance for expected credit losses


		Thirteen Weeks Ended
($ thousands)		May 1, 2021			May 2, 2020
Balance, beginning of period		$	14,928		$	1,813
Adjustment upon adoption of ASU 2016-13			—			2,521
Provision/adjustment for expected credit losses ⁽¹⁾			(152)			8,704
Uncollectible accounts written off, net of recoveries			(3,404)			356
Balance, end of period		$	11,372		$	13,394

(1)	The Company’s provision/adjustment for expected credit losses for the thirteen weeks ended May 2, 2020 was higher than the comparable period in 2021 as a result of the COVID-19 pandemic and its impact on the financial condition of several of the Company’s wholesale customers.