Segment Information

3 Months Ended

Jan. 31, 2015

Segment Reporting [Abstract]

Segment Information

Segment Information

Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the Company’s chief operating decision maker in deciding how to allocate resources and in assessing performance. The Company currently operates in four segments: the Americas, EMEA, and APAC, each of which sells a full range of the Company’s products, as well as Corporate Operations. The Americas segment, consisting of North, South and Central America, includes revenues primarily from the United States, Canada, Brazil and Mexico. The EMEA segment, consisting of Europe, the Middle East and Africa, includes revenues primarily from continental Europe, the United Kingdom, Russia and South Africa. The APAC segment, consisting of Asia and the Pacific Rim, includes revenues primarily from Australia, Japan, New Zealand, South Korea, Taiwan and Indonesia. Costs that support all segments, including trademark protection, trademark maintenance and licensing functions, are part of Corporate Operations. Corporate Operations also includes sourcing income and gross profits earned from the Company’s licensees.

Information related to the Company's operating segments, all from continuing operations, is as follows:

	Three Months Ended January 31,
In thousands	2015			2014
Revenues, net:
Americas	$	147,767		$	175,463
EMEA	125,813			149,397
APAC	66,598			69,875
Corporate Operations	676			175
Total	$	340,854		$	394,910
Gross profit/(loss):
Americas	$	64,309		$	75,914
EMEA	70,500			87,849
APAC	36,850			36,808
Corporate Operations	(2,215		)	69
Total	$	169,444		$	200,640
SG&A expense:
Americas	$	70,024		$	89,561
EMEA	66,129			78,208
APAC	34,805			33,362
Corporate Operations	(454		)	2,653
Total	$	170,504		$	203,784
Asset impairments:
Americas	$	76		$	222
EMEA	179			661
APAC	—			—
Corporate Operations	—			—
Total	$	255		$	883
Depreciation and amortization expense:
Americas	$	4,108		$	4,516
EMEA	3,816			3,287
APAC	1,741			1,888
Corporate Operations	762			654
Total	$	10,427		$	10,345
Operating (loss)/income:
Americas	$	(5,791	)	$	(13,869	)
EMEA	4,192			8,980
APAC	2,045			3,446
Corporate Operations	(1,761		)	(2,584		)
Total	$	(1,315	)	$	(4,027	)
Interest expense:
Americas	$	730		$	902
EMEA	4,228			4,811
APAC	526			587
Corporate Operations	12,918			13,120
Total	$	18,402		$	19,420

SG&A expense by segment for the first quarter of fiscal 2014 has been reclassified to conform to the current year presentation which reflects the Company's centralization of certain global business functions and related transfer pricing allocations.

In thousands	January 31, 2015		October 31, 2014
Identifiable assets:
Americas	$	438,171	$	464,831
EMEA	474,512		513,303
APAC	199,964		202,225
Corporate Operations	71,067		75,623
Total	$	1,183,714	$	1,255,982