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Operating Group Information:
3 Months Ended
Apr. 28, 2012
Operating Group Information:  
Operating Group Information:

4.                                      Operating Group Information:  Our business is primarily operated through our four operating groups: Tommy Bahama, Lilly Pulitzer, Ben Sherman and Lanier Clothes, as disclosed in our Annual Report on Form 10-K for fiscal 2011. We identify our operating groups based on the way our management organizes the components of our business for purposes of allocating resources and assessing performance. The table below presents certain information (in thousands) about our operating groups, as well as Corporate and Other, which is a reconciling category for reporting purposes.

 

 

 

First Quarter Fiscal 2012

 

First Quarter Fiscal 2011

 

Net Sales

 

 

 

 

 

 

 

Tommy Bahama

 

 

$

141,134

 

 

$

122,903

 

Lilly Pulitzer

 

 

35,633

 

 

29,873

 

Ben Sherman

 

 

17,352

 

 

19,421

 

Lanier Clothes

 

 

33,007

 

 

32,973

 

Corporate and Other

 

 

3,827

 

 

3,138

 

Total Net Sales

 

 

$

230,953

 

 

$

208,308

 

Depreciation and Amortization

 

 

 

 

 

 

 

Tommy Bahama

 

 

$

4,321

 

 

$

3,522

 

Lilly Pulitzer

 

 

506

 

 

468

 

Ben Sherman

 

 

674

 

 

580

 

Lanier Clothes

 

 

97

 

 

109

 

Corporate and Other

 

 

430

 

 

440

 

Total Depreciation and Amortization

 

 

$

6,028

 

 

$

5,119

 

Operating Income

 

 

 

 

 

 

 

Tommy Bahama

 

 

$

25,564

 

 

$

23,770

 

Lilly Pulitzer

 

 

11,012

 

 

7,015

 

Ben Sherman

 

 

(2,740

)

 

(826

)

Lanier Clothes

 

 

4,046

 

 

4,725

 

Corporate and Other

 

 

(5,094

)

 

(3,971

)

Total Operating Income

 

 

32,788

 

 

30,713

 

Interest expense, net

 

 

3,603

 

 

4,804

 

Earnings from Continuing Operations Before Income Taxes

 

 

$

29,185

 

 

$

25,909