Business Segment Information

9 Months Ended

Oct. 31, 2020

Segment Reporting [Abstract]

Business Segment Information

Note 11

Business Segment Information

Three Months Ended October 31, 2020 (In thousands)	Journeys Group		Schuh Group		Johnston & Murphy Group			Licensed Brands			Corporate & Other			Consolidated
Sales	$	317,682	$	90,021	$	39,655		$	32,586		$	—		$	479,944
Intercompany sales		—		—		—			(664	)		—			(664	)
Net sales to external customers	$	317,682	$	90,021	$	39,655		$	31,922		$	—		$	479,280
Segment operating income (loss)	$	24,035	$	6,766	$	(11,137	)	$	792		$	(5,913	)	$	14,543
Asset impairments and other(1)		—		—		—			—			6,359			6,359
Operating income (loss)		24,035		6,766		(11,137	)		792			(12,272	)		8,184
Other components of net periodic    benefit income		—		—		—			—			(182	)		(182	)
Interest expense		—		—		—			—			1,415			1,415
Interest income		—		—		—			—			(11	)		(11	)
Earnings (loss) from continuing    operations before income taxes	$	24,035	$	6,766	$	(11,137	)	$	792		$	(13,494	)	$	6,962
Total assets(2)	$	838,730	$	241,332	$	185,580		$	57,487		$	213,371		$	1,536,500
Depreciation and amortization		7,238		2,120		1,381			243			361			11,343
Capital expenditures		5,801		574		788			123			229			7,515

⁽¹⁾ Asset impairments and other includes a $6.4 million charge for retail store asset impairments, which includes $4.6 million in Johnston & Murphy Group, $1.0 million in Schuh Group and $0.8 million in Journeys Group.

⁽²⁾ Of our $850.9 million of long-lived assets, $139.4 million and $37.1 million relate to long-lived assets in the United Kingdom and Canada, respectively.

Note 11

Business Segment Information, Continued

Three Months Ended November 2, 2019 (In thousands)	Journeys Group		Schuh Group		Johnston & Murphy Group		Licensed Brands			Corporate & Other			Consolidated
Sales	$	354,920		92,899	$	72,703	$	16,726		$	15		$	537,263
Intercompany sales		—		—		—		—			—			—
Net sales to external customers	$	354,920	$	92,899	$	72,703	$	16,726		$	15		$	537,263
Segment operating income (loss)	$	28,955	$	4,369	$	3,715	$	(27	)	$	(10,270	)	$	26,742
Asset impairments and other(1)		—		—		—		—			799			799
Operating income (loss)		28,955		4,369		3,715		(27	)		(11,069	)		25,943
Other components of net periodic benefit income		—		—		—		—			(92	)		(92	)
Interest expense		—		—		—		—			808			808
Interest income		—		—		—		—			(206	)		(206	)
Earnings (loss) from continuing    operations before income taxes	$	28,955	$	4,369	$	3,715	$	(27	)	$	(11,579	)	$	25,433
Total assets(2)	$	1,020,894		378,014	$	211,459	$	21,971		$	153,154		$	1,785,492
Depreciation and amortization		7,231		2,749		1,484		118			598			12,180
Capital expenditures		4,886		982		2,133		78			58			8,137

⁽¹⁾ Asset impairments and other includes a $0.8 million charge for retail store asset impairments, which includes $0.5 million in Johnston & Murphy Group and $0.3 million in Schuh Group.

⁽²⁾ Total assets for the Schuh Group and Journeys Group include $82.4 million and $9.8 million of goodwill, respectively.  Goodwill for Schuh Group decreased by $0.9 million as of November 2, 2019 from February 2, 2019, due to foreign currency translation adjustments, while Journeys Group goodwill did not change from February 2, 2019.  Of our $1.01 billion of long-lived assets, $175.1 million and $50.4 million relate to long-lived assets in the United Kingdom and Canada, respectively.

Nine Months Ended October 31, 2020 (In thousands)	Journeys Group			Schuh Group			Johnston & Murphy Group			Licensed Brands			Corporate & Other			Consolidated
Sales	$	763,238		$	208,918		$	102,601		$	76,381		$	—		$	1,151,138
Intercompany sales		—			—			—			(1,409	)		—			(1,409	)
Net sales to external customers	$	763,238		$	208,918		$	102,601		$	74,972		$	—		$	1,149,729
Segment operating loss	$	(2,888	)	$	(15,158	)	$	(38,964	)	$	(2,931	)	$	(14,675	)	$	(74,616	)
Goodwill impairment(1)		-			-			-			-			79,259			79,259
Asset impairments and other(2)		—			—			—			—			15,953			15,953
Operating loss		(2,888	)		(15,158	)		(38,964	)		(2,931	)		(109,887	)		(169,828	)
Other components of net periodic benefit income		—			—			—			—			(488	)		(488	)
Interest expense		—			—			—			—			4,429			4,429
Interest income		—			—			—			—			(251	)		(251	)
Earnings (loss) from continuing    operations before income taxes	$	(2,888	)	$	(15,158	)	$	(38,964	)	$	(2,931	)	$	(113,577	)	$	(173,518	)
Depreciation and amortization		21,962			7,077			4,309			1,066			1,139			35,553
Capital expenditures		11,653			2,412			3,356			198			538			18,157

⁽¹⁾ Goodwill impairment of $79.3 million is related to Schuh Group.

⁽²⁾ Asset impairments and other includes a $11.1 million charge for retail store asset impairments, which includes $5.8 million in Johnston & Murphy Group, $2.5 million in Schuh Group and $2.8 million in Journeys Group, and a $5.3 million trademark impairment, which includes $4.9 million in Journeys Group and $0.4 million in Johnston & Murphy Group.

Note 11

Business Segment Information, Continued

Nine Months Ended November 2, 2019 (In thousands)	Journeys Group		Schuh Group			Johnston & Murphy Group		Licensed Brands		Corporate & Other			Consolidated
Sales	$	994,067	$	262,219		$	214,704	$	48,392	$	105		$	1,519,487
Intercompany sales		—		—			—		—		—			—
Net sales to external customers	$	994,067	$	262,219		$	214,704	$	48,392	$	105		$	1,519,487
Segment operating income (loss)	$	59,260	$	(1,020	)	$	10,339	$	151	$	(28,898	)	$	39,832
Asset impairments and other(1)		—		—			—		—		1,843			1,843
Operating income (loss)		59,260		(1,020	)		10,339		151		(30,741	)		37,989
Other components of net periodic benefit income		—		—			—		—		(271	)		(271	)
Interest expense		—		—			—		—		2,491			2,491
Interest income		—		—			—		—		(1,708	)		(1,708	)
Earnings (loss) from continuing    operations before income taxes	$	59,260	$	(1,020	)	$	10,339	$	151	$	(31,253	)	$	37,477
Depreciation and amortization		21,714		8,745			4,608		383		1,848			37,298
Capital expenditures		12,983		3,749			3,953		328		375			21,388

⁽¹⁾ Asset impairments and other includes a $1.8 million charge for retail store asset impairments, which includes $1.2 million for Schuh Group, $0.5 million for Johnston & Murphy Group and $0.1 million for Journeys Group.