Segment information (Tables)

9 Months Ended

Oct. 31, 2020

Segment reporting information, by segment


	13 weeks ended				39 weeks ended
(in millions)	October 31, 2020		November 2, 2019		October 31, 2020		November 2, 2019
Sales:
North America segment	$	1,182.7	$	1,070.7	$	2,786.8	$	3,612.0
International segment	106.9		106.4		232.8		331.8
Other segment	10.7		10.6		20.8		40.0
Total sales	$	1,300.3	$	1,187.7	$	3,040.4	$	3,983.8

Operating income (loss):
North America segment (1)	$	52.9	$	(10.7)	$	(238.3)	$	29.4
International segment (2)	1.6		(5.9)		(52.6)		(16.5)
Other segment (3)	1.3		(1.5)		0.8		(14.4)
Corporate and unallocated expenses (4)	(16.1)		(21.8)		(59.5)		(63.4)
Total operating income (loss)	39.7		(39.9)		(349.6)		(64.9)
Interest expense	(9.1)		(8.6)		(25.6)		(27.9)
Other non-operating income, net	—		7.0		0.3		7.5
Income (loss) before income taxes	$	30.6	$	(41.5)	$	(374.9)	$	(85.3)

(1) Operating income (loss) during the 13 and 39 weeks ended October 31, 2020 includes a $2.2 million and $1.6 million charge, respectively, related to inventory charges recorded in conjunction with the Company’s restructuring activities. Additionally, operating income (loss) during the 13 and 39 weeks ended October 31, 2020 includes charges of $0.7 million and $37.3 million, respectively, primarily related to severance, professional fees and store closure costs recorded in conjunction with the Company’s restructuring activities. Operating income (loss) during the 13 and 39 weeks ended October 31, 2020 also includes asset impairment charges of $1.5 million and $136.9 million, respectively. Operating income (loss) during the 39 weeks ended November 2, 2019 includes a $47.7 million out-of-period goodwill adjustment. In addition, operating income (loss) during the 13 and 39 weeks ended November 2, 2019 includes $1.4 million and $2.6 million, respectively, related to inventory charges recorded in conjunction with the Company’s restructuring activities. Operating income (loss) during the 13 and 39 weeks ended November 2, 2019 includes $5.5 million and $37.7 million, respectively, primarily related to severance, professional fees and store closure costs recorded in conjunction with the Company’s restructuring activities. See Note 5, Note 13, and Note 15 for additional information.

(2) Operating income (loss) during the 13 and 39 weeks ended October 31, 2020 includes charges of $3.0 million and $7.6 million, respectively, related to severance and store closure costs recorded in conjunction with the Company’s restructuring activities. Additionally, operating income (loss) during the 39 weeks ended October 31, 2020 includes asset impairment charges of $21.2 million. Operating income (loss) during the 13 and 39 weeks ended November 2, 2019 includes $0.8 million and $2.4 million, respectively, primarily related to severance, professional fees and store closure costs recorded in conjunction with the Company’s restructuring activities. See Note 5, Note 13, and Note 15 for additional information.

(3) Operating income (loss) during the 13 and 39 weeks ended October 31, 2020 includes a $0.2 million and $0.2 million benefit, respectively, recognized due to a change in inventory reserves previously recognized as part of the Company’s restructuring activities. Operating income (loss) during the 39 weeks ended November 2, 2019 includes charges of $3.2 million related to inventory charges recorded in conjunction with the Company’s restructuring activities. See Note 5 for additional information.

(4) Operating income (loss) during the 39 weeks ended October 31, 2020 includes a net charge of $7.5 million related to the settlement of previously disclosed shareholder litigation matters, inclusive of expected insurance proceeds. Operating income (loss) during the 13 and 39 weeks ended October 31, 2020 includes a credit of $0.1 million and net charge of $0.3 million, respectively, primarily related to severance and professional services recorded in conjunction with the Company’s restructuring activities. Operating income (loss) during the 13 and 39 weeks ended November 2, 2019 include charges of $2.9 million and $19.3 million, respectively, related to charges recorded in conjunction with the Company’s restructuring activities. See Note 5 and Note 21 for additional information.