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Segment Reporting
3 Months Ended
May 02, 2015
Segment Reporting  
Segment Reporting

 

(5) Segment Reporting

 

Authoritative guidance requires public companies to report financial and descriptive information about their reportable operating segments. The Company identifies reportable segments based on how management internally evaluates separate financial information, business activities and management responsibility.

 

The Company operates in a single business segment, the marketing and licensing of brand names and trademarks for apparel, footwear and accessories. Cherokee’s marketing and licensing activities extend to brands which the Company owns and to brands owned by others. Cherokee’s operating activities relating to owned and represented brands are identical and are performed by a single group of marketing professionals. While Cherokee’s principal operations are in the United States, the Company also derives royalty revenues from some of the Company’s licensees that are located all around the world. Revenues by geographic area based upon the licensees’ country of domicile consisted of the following:

 

 

 

Three Months Ended

 

 

 

May 2, 2015

 

May 3, 2014

 

U.S. and Canada

 

$

7,740 

 

$

7,567 

 

Asia

 

869 

 

872 

 

Latin America

 

545 

 

648 

 

All Others

 

672 

 

540 

 

United Kingdom and Europe

 

404 

 

333 

 

 

 

 

 

 

 

Total

 

$

10,230 

 

$

9,960 

 

 

 

 

 

 

 

 

 

 

Long-lived tangible assets have been located in the U.S., United Kingdom, Mexico and Asia with net values of approximately $895, $0, $283 and $65 as of May 2, 2015 and net values of approximately $794, $0, $299 and $72 as of January 31, 2015.