XML 52 R42.htm IDEA: XBRL DOCUMENT v3.23.2
Business Segment Information - Schedule of Business Segment Information (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jul. 29, 2023
Jul. 30, 2022
Jul. 29, 2023
Jul. 30, 2022
Jan. 28, 2023
Segment Reporting Information [Line Items]          
Net sales $ 523,027 [1] $ 535,332 [2] $ 1,006,359 [3] $ 1,056,080 [4]  
Segment operating income (loss) (10,000) 9,211 (32,689) 17,174  
Goodwill impairment 28,453 [5] 0 28,453 [6] 0  
Asset impairments and other 174 [7] 129 [8] 482 [9] (154) [10]  
Operating income (loss) (38,627) 9,082 (61,624) 17,328  
Other components of net periodic benefit cost 148 50 240 148  
Interest expense, net 2,383 405 4,034 702  
Earnings (loss) from continuing operations before income taxes (41,158) 8,627 (65,898) 16,478  
Total assets 1,494,759 [11] 1,499,720 [12] 1,494,759 [11] 1,499,720 [12] $ 1,456,426
Depreciation and amortization 11,833 10,678 23,119 21,229  
Capital expenditures 18,063 13,608 35,298 29,005  
Journeys Group          
Segment Reporting Information [Line Items]          
Net sales 287,275 [1] 321,332 [2] 559,465 [3] 635,777 [4]  
Schuh Group          
Segment Reporting Information [Line Items]          
Net sales 122,799 [1] 101,518 [2] 215,904 [3] 189,677 [4]  
Johnston & Murphy Group          
Segment Reporting Information [Line Items]          
Net sales 77,785 [1] 74,818 [2] 160,412 [3] 145,834 [4]  
Genesco Brands Group          
Segment Reporting Information [Line Items]          
Net sales 35,168 [1] 37,664 [2] 70,578 [3] 84,792 [4]  
Goodwill impairment 28,500   28,500    
Operating Segments          
Segment Reporting Information [Line Items]          
Net sales 523,323 535,549 1,007,112 1,057,069  
Operating Segments | Journeys Group          
Segment Reporting Information [Line Items]          
Net sales 287,275 321,332 559,465 635,777  
Segment operating income (loss) (14,878) 9,222 (33,240) 24,152  
Goodwill impairment 0 [5]   0 [6]    
Asset impairments and other 0 [7] 0 [8] 0 [9] 0 [10]  
Operating income (loss) (14,878) 9,222 (33,240) 24,152  
Other components of net periodic benefit cost 0 0 0 0  
Interest expense, net 0 0 0 0  
Earnings (loss) from continuing operations before income taxes (14,878) 9,222 (33,240) 24,152  
Total assets 769,844 [11] 811,860 [12] 769,844 [11] 811,860 [12]  
Depreciation and amortization 7,810 6,973 15,157 14,211  
Capital expenditures 11,193 4,333 24,212 10,901  
Operating Segments | Schuh Group          
Segment Reporting Information [Line Items]          
Net sales 122,799 101,518 215,904 189,677  
Segment operating income (loss) 8,416 2,094 6,626 (652)  
Goodwill impairment 0 [5]   0 [6]    
Asset impairments and other 0 [7] 0 [8] 0 [9] 0 [10]  
Operating income (loss) 8,416 2,094 6,626 (652)  
Other components of net periodic benefit cost 0 0 0 0  
Interest expense, net 0 0 0 0  
Earnings (loss) from continuing operations before income taxes 8,416 2,094 6,626 (652)  
Total assets 218,913 [11] 201,859 [12] 218,913 [11] 201,859 [12]  
Depreciation and amortization 1,624 1,532 3,185 3,122  
Capital expenditures 3,845 1,755 5,996 3,873  
Operating Segments | Johnston & Murphy Group          
Segment Reporting Information [Line Items]          
Net sales 77,788 74,818 160,418 145,834  
Segment operating income (loss) 2,666 3,212 7,472 3,762  
Goodwill impairment 0 [5]   0 [6]    
Asset impairments and other 0 [7] 0 [8] 0 [9] 0 [10]  
Operating income (loss) 2,666 3,212 7,472 3,762  
Other components of net periodic benefit cost 0 0 0 0  
Interest expense, net 0 0 0 0  
Earnings (loss) from continuing operations before income taxes 2,666 3,212 7,472 3,762  
Total assets 187,379 [11] 170,713 [12] 187,379 [11] 170,713 [12]  
Depreciation and amortization 1,137 1,057 2,257 2,179  
Capital expenditures 2,097 1,903 3,302 3,809  
Operating Segments | Genesco Brands Group          
Segment Reporting Information [Line Items]          
Net sales 35,461 37,881 71,325 85,781  
Segment operating income (loss) 1,851 685 1,819 4,478  
Goodwill impairment 0 [5]   0 [6]    
Asset impairments and other 0 [7] 0 [8] 0 [9] 0 [10]  
Operating income (loss) 1,851 685 1,819 4,478  
Other components of net periodic benefit cost 0 0 0 0  
Interest expense, net 0 0 0 0  
Earnings (loss) from continuing operations before income taxes 1,851 685 1,819 4,478  
Total assets 56,977 [11] 74,561 [12] 56,977 [11] 74,561 [12]  
Depreciation and amortization 201 217 404 478  
Capital expenditures 623 384 1,078 663  
Corporate & Other          
Segment Reporting Information [Line Items]          
Net sales 0 [1] 0 [2] 0 [3] 0 [4]  
Segment operating income (loss) (8,055) (6,002) (15,366) (14,566)  
Goodwill impairment 28,453 [5]   28,453 [6]    
Asset impairments and other 174 [7] 129 [8] 482 [9] (154) [10]  
Operating income (loss) (36,682) (6,131) (44,301) (14,412)  
Other components of net periodic benefit cost 148 50 240 148  
Interest expense, net 2,383 405 4,034 702  
Earnings (loss) from continuing operations before income taxes (39,213) (6,586) (48,575) (15,262)  
Total assets 261,646 [11] 240,727 [12] 261,646 [11] 240,727 [12]  
Depreciation and amortization 1,061 899 2,116 1,239  
Capital expenditures 305 5,233 710 9,759  
Intercompany Sales          
Segment Reporting Information [Line Items]          
Net sales (296) (217) (753) (989)  
Intercompany Sales | Journeys Group          
Segment Reporting Information [Line Items]          
Net sales 0 0 0 0  
Intercompany Sales | Schuh Group          
Segment Reporting Information [Line Items]          
Net sales 0 0 0 0  
Intercompany Sales | Johnston & Murphy Group          
Segment Reporting Information [Line Items]          
Net sales (3) 0 (6) 0  
Intercompany Sales | Genesco Brands Group          
Segment Reporting Information [Line Items]          
Net sales $ (293) $ (217) $ (747) $ (989)  
[1] Net sales in North America and in the United Kingdom, which includes the Republic of Ireland, accounted for 77% and 23%, respectively, of our net sales in the second quarter of Fiscal 2024.
[2] Net sales in North America and in the United Kingdom, which includes the Republic of Ireland, accounted for 81% and 19%, respectively, of our net sales for the second quarter of Fiscal 2023.
[3]

(1) Net sales in North America and in the United Kingdom, which includes the Republic of Ireland, accounted for 79% and 21%, respectively, of our net sales in the first six months of Fiscal 2024.

[4]

(1) Net sales in North America and in the United Kingdom, which includes the Republic of Ireland, accounted for 82% and 18%, respectively, of our net sales for the first six months of Fiscal 2023.

[5] Goodwill impairment of $28.5 million is related to Genesco Brands Group.
[6]

(2) Goodwill impairment of $28.5 million is related to Genesco Brands Group.

[7] Asset impairments and other includes a $0.2 million charge for asset impairments in Journeys Group.
[8] Asset impairments and other includes a $0.1 million charge for asset impairments included in Genesco Brands Group.
[9]

(3) Asset impairments and other includes a $0.5 million charge for asset impairments in Journeys Group.

[10]

(2) Asset impairments and other includes a $0.5 million charge for asset impairments, which includes $0.2 million in Journeys Group, $0.2 million in Schuh Group and $0.1 million in Genesco Brands Group, partially offset by a $0.7 million gain on the termination of the pension plan.

[11] Of our $720.8 million of long-lived assets, $94.4 million and $14.7 million relate to long-lived assets in the U.K. and Canada, respectively.
[12]

(3) Of our $712.2 million of long-lived assets, $93.7 million and $21.5 million relate to long-lived assets in the U.K. and Canada, respectively.